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Speaker 1: You're trusted home for news, Sports, entertainment, opinion and Mike

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Speaker 1: the Mic asking, Breakfast with the Defender, Embrace the Impossible News,

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Speaker 1: togs Head Been Billie.

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Speaker 2: And welcome today The state of the Plage mot Inflation

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Speaker 2: and Roading with new charter is Field for elite athletes.

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Speaker 2: I think we like this one one of Disney's biggest

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Speaker 2: voice artists to also star a wizard and alien. If

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Speaker 2: you're in the Eddies with us after age, Catherine Field

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Speaker 2: has archhist news from Paris. Rod Liddleton is in Great

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Speaker 2: Britain for us as well. Pasky, Welcome to the day,

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Speaker 2: seven past six. It seems the Labour parties not learned

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Speaker 2: a thing about running a country. Their first policy for

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Speaker 2: next year's voters out, so congratulations on that's the first

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Speaker 2: cab off the rankers. This wealth Fund the idea not

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Speaker 2: necessarily a bad one, of course. Are you take money

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Speaker 2: from dividends and distributed out about the place to create jobs?

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Speaker 2: The obvious questions, though, were not answered. How much does

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Speaker 2: it cost, don't know what industry's or entities or businesses

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Speaker 2: are involved, don't know how many jobs will it create,

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Speaker 2: don't know who decides who gets what? Don't know those

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Speaker 2: are the specific fault and what really is just a

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Speaker 2: very broad brush sort of thought bubble. The more pressing

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Speaker 2: issue economically comes in the form of a simple truth,

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Speaker 2: and the simple truth is given, you haven't magicked up

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Speaker 2: the money it has come from a business. Let's say

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Speaker 2: it's a power company. The company pays the government to

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Speaker 2: dividend that already happens currently. That dividend goes into the

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Speaker 2: consolidated Fund i e. The government's coffers. That money pays bills. Currently,

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Speaker 2: one of the biggest bills is the interest on our debt.

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Speaker 2: That bill is getting close to ten billion dollars a year. Now.

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Speaker 2: If you aren't using the dividend money to pay bills

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Speaker 2: because you've siphoned it off to pay for your wealth fund,

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Speaker 2: where's the money for the bills going to come from?

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Speaker 2: At all points, you only ever have a finite amount

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Speaker 2: of money. If some of those dollars go one way,

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Speaker 2: they can't go another. And unless you can explain how

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Speaker 2: you cover that gap, you're merely prioritizing one thing over another.

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Speaker 2: It's like increasing the car payment, but by doing it

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Speaker 2: by paying less on the mortgage, which in this case

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Speaker 2: brings in Labour's attitude to debt. Given they're the ones

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Speaker 2: who dug our current debt hole, it looks like they

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Speaker 2: still haven't worked out It wasn't a very smart move

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Speaker 2: where to stand a chance next year, they will need

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Speaker 2: to sharpen their policy act up considerably to something a

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Speaker 2: lot better refined than some blue sky psychobebble.

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Speaker 3: News of the world in ninety seconds.

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Speaker 2: So we're starting to shut down Washington, where the president's

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Speaker 2: been busy. He's got elbow and the handshake and the

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Speaker 2: lunch as we speak. And before all of that, he

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Speaker 2: seemed to go back to his favorite option on Ukraine.

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Speaker 4: I think seventy eight percent of the land has already

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Speaker 4: taken by Russia. You'll leave it the way it is

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Speaker 4: right now. They can negotiate something later on down the line.

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Speaker 4: But I said cut and stop at the battle.

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Speaker 5: I go home, stop fighting, stop killing people.

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Speaker 2: Yeah, that'd be tempting for Lord to say something, but

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Speaker 2: Lord of course learned that particular lesson Meeting number one.

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Speaker 6: A lot of people want to divide, and now we

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Speaker 6: are not on this side.

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Speaker 7: We're on the side to have a unity between Europe

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Speaker 7: and the United States.

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Speaker 3: It's important, vital for.

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Speaker 2: Us As regards to the shutdown itself, the airport seemed

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Speaker 2: to be the biggest issue.

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Speaker 8: I want to say thanks to all of the air

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Speaker 8: traffic controllers from Swap to work. They got a partial

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Speaker 8: paycheck a week ago Tuesday. Their next paycheck comes a

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Speaker 8: week from Tuesday, and in that paycheck there will be

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Speaker 8: no dollars.

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Speaker 2: A lot of them are.

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Speaker 8: Paycheck to paycheck. So I hope we don't see more disruptions.

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Speaker 2: No take news if you've been up. I'm not trying

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Speaker 2: to do the wordle We've got trouble. AWS has been done.

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Speaker 9: This lasted in total about three hours, but you get

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Speaker 9: a sense of just how fragile the Internet ecosystem can be.

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Speaker 9: United on Delta Airlines, Snapchat, Facebook, Fortnite, the AI firm, Perplexity, Coinbase,

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Speaker 9: even UK government and banking websites.

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Speaker 2: She didn't mention SI least takes machine, but which isn't

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Speaker 2: working because of AWS as well. Why didn't you mention

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Speaker 2: that now in Paris is still insting and looking for

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Speaker 2: old jewelry.

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Speaker 10: I think it's the theft of the decade, you know,

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Speaker 10: targeting the Louver them the world's most famous museum and

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Speaker 10: stealing the crown jewels from the podium. It's like the movies.

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Speaker 10: You know, it's a big scandal now in Franz of course,

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Speaker 10: it's a big things.

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Speaker 2: Like the movies. In Britain. The King's been out to

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Speaker 2: visit the Heaton Park Hebrews Synagogue where he made one

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Speaker 2: of the victims.

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Speaker 11: It's the five, the Kings of the time. It's all

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Speaker 11: time to come here, until the time to speak to everybody.

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Speaker 11: He took his time going round. You've done in many

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Speaker 11: huge difference. That doesn't make a nuge difference. We have

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Speaker 11: support in this country.

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Speaker 2: I finally Kent County Council yesterday, the leader of Lindon.

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Speaker 2: We told you about this very upset at the leaked

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Speaker 2: tape of the council calamity. She said she'd dubbed in

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Speaker 2: those responsible will reform they run the Council Reform Act

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Speaker 2: fast or councilors had been suspended, including Paul Thomas. He

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Speaker 2: was the bloke whop you heard it. I was told

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Speaker 2: he would be muted if he didn't shut up. The

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Speaker 2: four not happy, of course, so voted no confidence in

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Speaker 2: Linden is brewing and being ready for next month. So

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Speaker 2: we'll have to keep me posted on that News of

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Speaker 2: the world in ninety Yeah, what can I tell you? AWS.

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Speaker 2: They claim some of it's back up, but until my

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Speaker 2: text machines back up, nothing's back up. As simple as that, AWS.

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Speaker 2: I hope we don't pay them any money. By the way,

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Speaker 2: as regards that shutdown, Hasset Kevin, National Economic Council Director,

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Speaker 2: he seems to claim he gives nothing to back it up,

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Speaker 2: but he's all over the media at the moment, literally

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Speaker 2: as we speak in America, telling us that the shutdown

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Speaker 2: is likely to win some time this week. So I

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Speaker 2: suppose that's good. Use twelve past six.

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Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio, how

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Speaker 1: it by News Talks.

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Speaker 4: It be.

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Speaker 2: Just to give you an indication of how much stuff

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Speaker 2: goes on in the world that we don't cover in

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Speaker 2: this country. Unfortunately, there's been a fire at Bangladesh Airport.

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Speaker 2: Is that a big deal? Well, it turns out yes,

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Speaker 2: because there's been a billion dollars worth of damage clothes

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Speaker 2: and raw materials. They're massive exporters all over the world.

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Speaker 2: Twenty seven hours to extinguish, they closed all the flights

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Speaker 2: and stuff world's second largest export had closed around China

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Speaker 2: apart from China of course. Anyway, the garment sector and

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Speaker 2: that part of the world's worth forty billion dollars a year.

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Speaker 2: Thirty five people are injured, but a billion dollars worth

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Speaker 2: of stuff just like that's been destroyed. Fifteen past six. Yeah, partners,

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Speaker 2: Andrew Kelliher, Welcome to Tuesday. Yeah, very good morning. I

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Speaker 2: just sent they got that right. What's the vibe on that?

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Speaker 7: Yes, Inflation is it our favorite water cooler topics? It?

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Speaker 7: I mean, I mean, ultimately it's quite a dry subject,

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Speaker 7: isn't it. But you can't underestimate how much it impacts

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Speaker 7: on us every day. So the cost of living, interest rates,

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Speaker 7: wage setting, so tad boring, it may be, might but

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Speaker 7: worthy of plenty of attention. So inflation, if you have

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Speaker 7: your head under a rock for the last twenty four hours,

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Speaker 7: I'll just let you know. Inflation jump to three percent

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Speaker 7: in Q three. Non tradable slowed zero point two percent

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Speaker 7: to three and a half. That's in line with the

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Speaker 7: Arbunz forecast that's been the problematic stuff tradable two point

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Speaker 7: two three percent is a lift from the previous quarter,

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Speaker 7: which was two point seven Just quickly to Courterly Numbers

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Speaker 7: headline one percent tradable zero point eight non tradable one

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Speaker 7: point one. Market reaction pretty muted, Mic because it was

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Speaker 7: right in line with expectations. But yeah, to make some

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Speaker 7: comments about the vibe, it's really not so much about

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Speaker 7: the here and now, is it, Mike, Well, I mean,

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Speaker 7: we know it's high. It was good that it came

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Speaker 7: in on expectations, but it's the expectation that inflation will

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Speaker 7: abate that's the key observation over the next twelve months.

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Speaker 7: So by this time next year, expectations are that inflation

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Speaker 7: will be back within the one to three percent band

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Speaker 7: and hopefully around the midpoint of two percent. And if

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Speaker 7: we get there, happy days. But we've got to get there.

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Speaker 7: So there's a lot of heightened interest now, I think,

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Speaker 7: particularly between now and late November, on any data that

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Speaker 7: gives us insight into prices and what they're doing. Late

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Speaker 7: November the last OCI review for the year, and I

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Speaker 7: would speculate, Michael, at the moment that there's a reluctance

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Speaker 7: for many households to go out and lift consumption while

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Speaker 7: many prices are given the impression that inflation is running

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Speaker 7: quite a bit higher than three percent. I mean, those

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Speaker 7: many essentials that fit that brief are household energy eleven

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Speaker 7: point four percent year on year, food four point six

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Speaker 7: percent year in year, education nine point eight. Rates eight

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Speaker 7: point eight. I mean, council rates some food with the

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Speaker 7: major contributors to the lift. So when that's going on,

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Speaker 7: you're sitting at home going geez. I think inflation three percent.

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Speaker 7: I don't know about that, but but Mike deep in

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Speaker 7: the data that are encouraging signs. Non tradable is slowing

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Speaker 7: x food, fuel and energy that non volatile take out

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Speaker 7: the volatile stuff two and a half percent. So the

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Speaker 7: signs are there that it will fall good stuff.

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Speaker 2: My Foods is on the program after said thirty. So

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Speaker 2: he's got user on Invertil and Contact and the price

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Speaker 2: of power and we'll talk about all of that. But

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Speaker 2: that was a significant deal yesterday, wasn't it.

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Speaker 7: Yes, it was so big news on the local exchange.

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Speaker 7: A significant move. This involved Infertil in Contact and just

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Speaker 7: to work through it, Infertil has purchased the told on

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Speaker 7: an Electricity consumer Trust stake in Contact Energy for four

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Speaker 7: hundred and thirty eight million, So that takes Infertils holding

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Speaker 7: to fourteen point three percent. Quite substantial Infertil. They're going

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Speaker 7: to pay for it with some debt facilities. They'll also

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Speaker 7: issue about two hundred and nineteen million dollars worth of

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Speaker 7: new Infantil shares two TECT. What it does, Mike is

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Speaker 7: it removes an overhang on Contact shares because Infratil and

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Speaker 7: TECT received Contact shares as part payment when Contact bought

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Speaker 7: Mono or Energy, which was Trust powers, so though both

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Speaker 7: major shareholders. So what it does so there was always

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Speaker 7: the potential for those shares to be sort of sold

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Speaker 7: into the market, you know, probably at a discount, So

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Speaker 7: tidies that situation up. It's also I think quite a

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Speaker 7: vote of confidence in the sector. I mean that this

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Speaker 7: is the investment team at INFANTL Morrison co very highly regarded,

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Speaker 7: so that the fact that they're prepared that they want

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Speaker 7: to do this, I think it should be viewed quite positively.

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Speaker 7: The other thing is Contact throws off cash. In contrast

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Speaker 7: to Infant are invested in CDC, the data center business

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Speaker 7: that needs cash, so there's some sort of offset there.

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Speaker 7: And I would make just a bigger picture comment make

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Speaker 7: that I think this sector is going to start to

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Speaker 7: look a bit more interesting for investors because interest rates

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Speaker 7: continue to decline, they continue to fall. You've got all

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Speaker 7: that money out there in tds, those TD rates getting

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Speaker 7: lower and lower. Those investors start looking for better returns

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Speaker 7: and they go up the risk of And let's not

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Speaker 7: forget what does AI need. We're talking about an AI revolution.

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Speaker 7: What does it need? It needs power, so it's power hungry.

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Speaker 7: So it's hard to not see this sector continuing to

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Speaker 7: grow over time.

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Speaker 2: Give me thirty seconds on the sovereign thing.

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Speaker 7: You oh, nothing wrong with the idea at a high level, Mike,

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Speaker 7: I mean, yes, it's short on detail. What detail there

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Speaker 7: is doesn't really compare to the other sovereign fronts. I

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Speaker 7: mean you put those businesses in, as you said, and

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Speaker 7: how do you balance out the loss of income? So

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Speaker 7: it starts small. I think you've got to start somewhere.

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Speaker 7: But what we really need to know, Mike, you said it,

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Speaker 7: how does it fit into the broader spending revenue package.

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Speaker 7: Once we know that, we can make an assessment of it.

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Speaker 2: Give me some numbers.

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Speaker 7: The Dow Jones actually quite a positive start well day

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Speaker 7: twenty of the shutdown. Day twenty of the shutdown, it's

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Speaker 7: all it's if it goes through tomorrow'll be the second

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Speaker 7: longest of all time for six six eight eight on

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Speaker 7: the Dow Jones that's up almost five hundred points one

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Speaker 7: point eight percent good day, the S and P five

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Speaker 7: hundred sixty seven three seventy four points one point one

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Speaker 7: percent good day, and the Nasdak up one and a

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Speaker 7: half percent, so the market off to a great start

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Speaker 7: for the week. Three hundred and forty six points on

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Speaker 7: the Nasdak twenty three than twenty five. The footso one

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Speaker 7: hundred also up a half percent nine four oh three.

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Speaker 7: The nick A got bullish again, up one thousand, six

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Speaker 7: hundred and three points three point three seven percent. Forty

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Speaker 7: nine thousand, one hundred and eighty five seen high compst

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Speaker 7: also up point six percent three eight sixty three. The

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Speaker 7: Aussie's Yestay gained point four percent nine oh three one

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Speaker 7: that closed there and we rallied zero point four two

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Speaker 7: percent on the N six fifty estate, closing it thirteen thousand,

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Speaker 7: three hundred and forty five key. We dollar a little

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Speaker 7: bit stronger point five to seven four eight against the

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Speaker 7: US point eight eight twenty four OSSI point four nine

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Speaker 7: three three Euro point four two eighty four against the

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Speaker 7: pound eighty six point six one Japanese. He and Gold

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Speaker 7: just keeps on going four thousand, three hundred and forty

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Speaker 7: seven dollars an ounce. And Brent crude though, Mike going

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Speaker 7: the other way. Sixty dollars, sixty dollars and sixty one sents.

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Speaker 2: Give me a five and I'll think it's Christmas. Go mate,

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Speaker 2: Sid tomorrow. Andrew Kelleher Sure and Partners. China, Okay, four

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Speaker 2: point eight for the third quarter. This is GDP. A

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Speaker 2: real estate fell that wasn't good, but the industrial production

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Speaker 2: grew by six point five and Andy thought it would

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Speaker 2: grow by five percent, so reasonable in China sixty twenty

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Speaker 2: one and a half. The News Talk z B.

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Speaker 1: Good the Vikos Breakfast Full Show podcast on iHeartRadio powered

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Speaker 1: by News Talks hit Be.

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Speaker 2: Have him been able to work out why but elbow

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Speaker 2: didn't get the yellow chairs. They moved him into the

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Speaker 2: cabinet room. And he's been at the cabinet room and

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Speaker 2: that's all very fine and well, but the problem with

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Speaker 2: the cabinet you know what the problem with the cabinet

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Speaker 2: rumors or.

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Speaker 4: You got to watch watchhat. You're not allowed to break that.

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Speaker 4: That mirror is four hundred years old. A camera just

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Speaker 4: hit the mirror. Hey yeah, yeah, I just moved it

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Speaker 4: up here special from the vaults, and the first thing

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Speaker 4: that happens, a camera hits it.

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Speaker 3: Hard to believe.

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Speaker 2: I've never heard him say yay yeah yeah before. It's

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Speaker 2: been in New York thing to say yeah yeah yeah. Anyway,

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Speaker 2: Kevin rudds in the room as the ambassador, and it's

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Speaker 2: excruciating concerned.

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Speaker 12: In Australia that it's taken nine months to get this meeting.

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Speaker 12: Have you had any concerns with this administration with stance

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Speaker 12: on Palestine, climate change or even things the ambassador said

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Speaker 12: about you in the past, the Australia.

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Speaker 4: Ambassador, I don't know anything about him. If you said bad,

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Speaker 4: then maybe he'll like to apologize. I rerout, I know,

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Speaker 4: did an ambassador to say something bad about it? Don't

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Speaker 4: tell me. I don't Where is he? Is he still

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Speaker 4: working for me?

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Speaker 10: Yeah?

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Speaker 4: You said bad.

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Speaker 13: Before I took this position, mister President.

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Speaker 4: I don't like you either.

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Speaker 1: Trending now with Chemist ware House great savings every day.

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Speaker 2: Remember the Family Playing a couple of years back got

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Speaker 2: penned by critics twenty three percent on Rotten Tomatoes Despite

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Speaker 2: all of that, huge on Apple, Most popular movie in

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Speaker 2: twenty twenty three. Anyway, Woolburg's back with the sequel. It's

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Speaker 2: dat night, buddy, what's up Max Boor that's what did

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Speaker 2: it get on the new couch a little bit.

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Speaker 14: It's pink, Dan, I just put to me, and she's

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Speaker 14: going to stay in London for the holidays.

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Speaker 2: No, no, no, no, no, yes.

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Speaker 8: The Morgans are always together on Christmas. That's no negotiable.

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Speaker 3: Very Christmas breath.

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Speaker 9: You're early. Oh no no, no, Mom, Dad, Omar, Omar

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Speaker 9: and Morgan.

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Speaker 3: Here's your boyfriend. This guy is reaped and he put

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Speaker 3: some clothes on yesterday. He's just call me, Daddy, Ready

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Speaker 3: for your meeting.

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Speaker 8: One quick job and the hall show piece for itself,

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Speaker 8: Dan Morgan family Christmases ago.

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Speaker 14: Hello, Sean, are you enjoying your family vacation?

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Speaker 13: Oh Martin, I'm with us right, Yes, I go where

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Speaker 13: you go high here in yes in what.

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Speaker 2: I remember it? I love it. Along with Woolburg, Michelle

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Speaker 2: Monahan's back. She was in White Lotters. Apart from anything

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Speaker 2: Kit Harrington's in there. He was in Game of Thrones.

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Speaker 2: It's out on Apple on the twenty first of November.

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Speaker 2: As regards Rudd and co By, the way, if we

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Speaker 2: get time, we'll go back to that meeting. But John Lyons,

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Speaker 2: remember the ABC's John Lyons. He was the guy I

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Speaker 2: asked Trump a couple of weeks ago about you know,

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Speaker 2: the son's running his business anyway, Lions applied to be

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Speaker 2: there today and he's not there. So that's what happens

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Speaker 2: when you mess with the Trump. St use for you

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Speaker 2: in a couple of moments. Then we'll come back and

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Speaker 2: crunch these inflation numbers and see where the economy goes.

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Speaker 2: Mike Jones are the B.

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Speaker 1: And Z next the newsmakers and the personalities. The big

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Speaker 1: names talk to Mike the mic asking breakfast with Bailey's

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Speaker 1: real estate, finding the buyers.

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Speaker 3: Others can't use togs dead Ben.

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Speaker 2: It's hard to work out what the bigger deal is.

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Speaker 2: The duels that have gone missing from the LB or

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Speaker 2: the scandal around it are because there's been a lot

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Speaker 2: of talk about the lack of security and the overworld

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Speaker 2: staff and so on. Anyway, Captain Field and France for

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Speaker 2: shortly twenty three to seven hour inflation rates came in

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Speaker 2: as expected as you had Andrew tell us, technically it's

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Speaker 2: within the RB band, so it's not the end of

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Speaker 2: the world. But it is right up there, and it

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Speaker 2: does remind us that inflation is still very much a

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Speaker 2: day to day issue. Energy, your main culprit at eleven percent.

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Speaker 2: Rates came in at eight percent. Mike Jones is the

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Speaker 2: ben Z's chief economists, is back with us. Mike morning,

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Speaker 2: good morning.

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Speaker 15: It's three Yet we think it is, Yeah, we think

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Speaker 15: it is. I mean, as you said, top line numbers

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Speaker 15: all came in bang on expectations and if we looking

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Speaker 15: amongst the details, no real weirdities in the edit to

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Speaker 15: change our forecast. So we were at two point eight

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Speaker 15: percent for next quarter and then things tail away pretty

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Speaker 15: quickly thereafter two middle of next year.

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Speaker 2: Okay, And so what does that mean? Because I read

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Speaker 2: all your charts the other day about the economy and

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Speaker 2: reading people should read that. By the way, there's a

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Speaker 2: lot there to see that's reasonably positive, isn't that.

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Speaker 16: Yeah.

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Speaker 15: Look, the intent of that note was just to spotlight

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Speaker 15: those bits of the economy that are growing, because the

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Speaker 15: question will getting them at the moment as well as

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Speaker 15: its growth will where is it? So that was the intent,

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Speaker 15: and you do find, I mean, what you find is

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Speaker 15: there is a bit of growth. It's still fragile. It's

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Speaker 15: off a low base, but it's just starting to happen.

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Speaker 15: And of course, if you're talking and thinking about a

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Speaker 15: recovery next year, you've got to start somewhere, and it

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Speaker 15: seems like that's sort of where we are.

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Speaker 2: How much confidence do you have on this inflation path?

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Speaker 15: Well the next quarter or so reasonable because we know

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Speaker 15: there's going to be some big quarterly numbers that last

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Speaker 15: year we live this year that are going to drop out.

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Speaker 15: We're also seeing I think some pretty clear signs that

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Speaker 15: food price inflation is easy and that about twenty percent

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Speaker 15: of the basket. So that's that's going to be helpful.

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Speaker 15: But you still have to say, we'll forecasts from place

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Speaker 15: into four to two percent are just that, and so

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Speaker 15: there'll be an element of caution I think at the

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Speaker 15: Reserve Bank and as sort of a softly, softly approach

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Speaker 15: to further reasoning as we go through.

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Speaker 2: What about see the trouble I have. I don't see

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Speaker 2: the council suddenly going yep, I'll fall in line here,

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Speaker 2: I'll put my rates up by the rate of inflation

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Speaker 2: all less. And nor do I see that in power.

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Speaker 2: I mean, are they outlies? And what sort of effect

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Speaker 2: will they have going forward.

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Speaker 15: Yeah, we look at rates. I mean, we had an

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Speaker 15: eight percent increase on the quarter, and we're thinking we'll

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Speaker 15: get something. I mean, we'll penc it in something slightly

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Speaker 15: south of that for the next increase, which will happen

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Speaker 15: this time next year, but still about seven percent. So

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Speaker 15: it's still clearly been upward influence. Energy probably looks more

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Speaker 15: temporary in that we had a really big increase. We

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Speaker 15: haven't had a bunch of big increases over the past

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Speaker 15: twelve months, and I think those will start to ease

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Speaker 15: from here.

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Speaker 2: Okay, And so if you're right and we do get

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Speaker 2: down to two as far as things like interest rates

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Speaker 2: and mortgages and stuff are concerned, that that's a shortish window,

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Speaker 2: isn't it, between now and whenever presumably the RB starts to,

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Speaker 2: you know, wind things up again.

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Speaker 1: Yeah.

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Speaker 15: Well, the rate cuts that we are seeing have seen

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Speaker 15: from the Reserving are of course largely predicated on their

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Speaker 15: forecast that inflection and tails away to two. So that's

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Speaker 15: almost baked in the cake already, the cuts that we've seen,

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Speaker 15: in the fact that we'll probably get another one next month.

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Speaker 15: In terms of when you do start to pull out

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Speaker 15: the other side. I mean that's yeah, that's that's that's

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Speaker 15: a difficult one. I think what we do know though,

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Speaker 15: is that the capacity of the economy, or the growth

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Speaker 15: in that capacity, it isn't perhaps we would like it.

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Speaker 15: It's pretty low, so you know, you could actually start

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Speaker 15: to see some of those capacity pressures tighten up again

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Speaker 15: with not a lot of growth next year. I think

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Speaker 15: that's going to be something we're going to be.

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Speaker 2: Watching for interesting an election year of course too, which

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Speaker 2: always helps all henders depending on you. You're Mike. Nice

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Speaker 2: to talk Mike Jones b and said Chief Economist nineteen

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Speaker 2: Away from.

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Speaker 2: It's all about taking the hassel away basically so you

435
00:19:58,240 --> 00:20:00,359
Speaker 2: and your fleet can get back on the road. So

436
00:20:00,400 --> 00:20:02,760
Speaker 2: to keep your fleet moving, open a business account with

437
00:20:02,800 --> 00:20:05,000
Speaker 2: Smith and Smith. You'll never regret that eight hundred doubles

438
00:20:05,000 --> 00:20:08,920
Speaker 2: seven eight seven two four eight hundred seven eight seven

439
00:20:08,920 --> 00:20:13,200
Speaker 2: two four online at Smith and Smith dot co dot

440
00:20:13,200 --> 00:20:16,159
Speaker 2: in z pasking. When you go to the cabinet room

441
00:20:16,200 --> 00:20:17,520
Speaker 2: and you're albow, you've got to suck up a bit,

442
00:20:17,600 --> 00:20:17,919
Speaker 2: don't you.

443
00:20:18,040 --> 00:20:22,240
Speaker 17: Thank you so much, mister President, for the invitation here

444
00:20:22,400 --> 00:20:25,919
Speaker 17: to the White House and for showing us around the

445
00:20:26,240 --> 00:20:29,879
Speaker 17: improved Oval office, and for what you're doing around here

446
00:20:30,000 --> 00:20:30,560
Speaker 17: as well.

447
00:20:30,800 --> 00:20:32,520
Speaker 2: Yeah, and of course once you've been sucked up to,

448
00:20:32,560 --> 00:20:33,959
Speaker 2: you've got to be you've got to play nice too.

449
00:20:34,280 --> 00:20:39,080
Speaker 4: We've been long term, long time allies, and I would

450
00:20:39,160 --> 00:20:42,679
Speaker 4: say there's never been anybody better. We fought wars together.

451
00:20:43,800 --> 00:20:47,000
Speaker 4: We never had any doubts. And it's a great honor

452
00:20:47,040 --> 00:20:48,720
Speaker 4: to have you as my friend. It's a great honor

453
00:20:48,800 --> 00:20:51,080
Speaker 4: to have you in the United States of.

454
00:20:51,040 --> 00:20:55,639
Speaker 18: America, International correspondence with ins and Eye Insurance, Peace of

455
00:20:55,680 --> 00:20:56,920
Speaker 18: mind for New Zealand business.

456
00:20:57,000 --> 00:20:59,280
Speaker 2: It could be working out very nicely, doesn't it. In France,

457
00:20:59,320 --> 00:21:03,200
Speaker 2: Captain fieldmore to you. Good morning, Mike Jeeves. What's the

458
00:21:03,240 --> 00:21:06,119
Speaker 2: big I was saying, as a sort of musing out loud,

459
00:21:06,200 --> 00:21:08,920
Speaker 2: what's the biggest scandal? The fact they've nicked some stuff

460
00:21:09,480 --> 00:21:11,520
Speaker 2: or the fact they could actually nick the stuff?

461
00:21:13,520 --> 00:21:17,280
Speaker 19: Yeah, the fact of how they did it was pretty audacious,

462
00:21:17,440 --> 00:21:20,439
Speaker 19: isn't it, Mike? Having nine point thirty on a Sunday morning,

463
00:21:20,960 --> 00:21:25,320
Speaker 19: Hiver's Jackets rolling up on a main street in Paris,

464
00:21:26,240 --> 00:21:29,520
Speaker 19: parking this truck, putting the traffic cones around it, then

465
00:21:29,560 --> 00:21:32,680
Speaker 19: putting the ladder up to the balcony and breaking into

466
00:21:32,680 --> 00:21:35,720
Speaker 19: sort of this is extraordinary stuff. I mean, we're used

467
00:21:35,760 --> 00:21:37,919
Speaker 19: to the movies, aren't we, where we see James Bond

468
00:21:38,040 --> 00:21:41,880
Speaker 19: use helicopters and laser cutters things like that. But this

469
00:21:42,160 --> 00:21:45,920
Speaker 19: was just a basic old fashioned smash grab get out

470
00:21:45,960 --> 00:21:46,800
Speaker 19: and get on the road.

471
00:21:47,720 --> 00:21:50,840
Speaker 2: And the fact that I get the cones, I get

472
00:21:50,840 --> 00:21:52,520
Speaker 2: the truck, I get the letter of people haven't seen

473
00:21:52,520 --> 00:21:54,520
Speaker 2: the pictures. They should because it just looked like whitmen.

474
00:21:54,560 --> 00:21:57,680
Speaker 2: But the part where they were slicing through the window

475
00:21:58,400 --> 00:22:01,800
Speaker 2: and nobody's thought, hmm, that doesn't look normal seems the

476
00:22:01,840 --> 00:22:04,560
Speaker 2: most extraordinary thing. Or that alarms didn't go off, all

477
00:22:04,640 --> 00:22:06,640
Speaker 2: lights didn't flash.

478
00:22:06,680 --> 00:22:09,679
Speaker 19: Well, first of all, if anyone knows Paris, they know

479
00:22:09,800 --> 00:22:12,560
Speaker 19: you do not have workmen on a Sunday morning, So

480
00:22:12,720 --> 00:22:16,399
Speaker 19: that should have had a few alarm belsering, wait, you

481
00:22:16,440 --> 00:22:20,000
Speaker 19: know what's going on here? Next thing, Yeah, that they

482
00:22:20,000 --> 00:22:23,760
Speaker 19: were able to get through that window long before the

483
00:22:23,800 --> 00:22:25,959
Speaker 19: alarms went off. Now, just to give you a bit

484
00:22:25,960 --> 00:22:28,920
Speaker 19: of context on this one, Mike, the Apollo Gallery is

485
00:22:29,000 --> 00:22:32,679
Speaker 19: very long and thin, and one of the starf things

486
00:22:32,720 --> 00:22:36,119
Speaker 19: about this gallery when it was renovated and eighteen fifty

487
00:22:36,160 --> 00:22:38,320
Speaker 19: one was it had that window that looked out.

488
00:22:38,200 --> 00:22:38,800
Speaker 14: Over the sand.

489
00:22:38,920 --> 00:22:41,040
Speaker 19: Yeah, this is supposed to be what they did. So

490
00:22:41,160 --> 00:22:44,439
Speaker 19: that was why that window's there, just to give some

491
00:22:44,600 --> 00:22:47,840
Speaker 19: light and to make it so wonderful. But you're quite right,

492
00:22:48,160 --> 00:22:51,000
Speaker 19: there were so many things that went wrong. Why did

493
00:22:51,080 --> 00:22:53,639
Speaker 19: it take so long for the alarms to go off?

494
00:22:54,600 --> 00:22:57,880
Speaker 19: Why did this place is meant to be hooked up

495
00:22:57,920 --> 00:23:02,600
Speaker 19: to the central police station in Paris. Didn't they think, wow,

496
00:23:02,720 --> 00:23:04,880
Speaker 19: this is strange, someone's got a letterer up the side

497
00:23:04,880 --> 00:23:08,000
Speaker 19: of the louver or too many questions to be asked,

498
00:23:08,280 --> 00:23:11,680
Speaker 19: not least why was it that In twenty twenty one,

499
00:23:12,480 --> 00:23:16,240
Speaker 19: the new director of the Louver said security has to

500
00:23:16,280 --> 00:23:19,159
Speaker 19: be tight and this place is just waiting to be robbed.

501
00:23:19,240 --> 00:23:21,680
Speaker 2: Have they got any clues then they know where they're looking?

502
00:23:21,680 --> 00:23:23,000
Speaker 2: Where are these things?

503
00:23:23,720 --> 00:23:26,560
Speaker 19: They have no idea what they're looking for. It's over

504
00:23:26,640 --> 00:23:30,040
Speaker 19: twenty four hours now. The state prosecutor here has said

505
00:23:30,080 --> 00:23:33,359
Speaker 19: the first forty eight hours will be crucial because up

506
00:23:33,840 --> 00:23:36,320
Speaker 19: till the end of forty eight hours the robbers will

507
00:23:36,320 --> 00:23:39,359
Speaker 19: be sort of looking to hide themselves. I mean, there

508
00:23:39,400 --> 00:23:42,119
Speaker 19: does seem to be some sort of possibility that they

509
00:23:42,160 --> 00:23:45,439
Speaker 19: will get DNA. Of course, that DNA will come from

510
00:23:45,640 --> 00:23:48,600
Speaker 19: the crown which they dropped as they were trying to

511
00:23:48,640 --> 00:23:51,399
Speaker 19: get away. They will get some of that. They've also

512
00:23:51,560 --> 00:23:54,520
Speaker 19: found one of the Hiver's jackets, which obviously fell off

513
00:23:54,520 --> 00:23:57,680
Speaker 19: the back of the motorbike because they're driving away. They

514
00:23:57,760 --> 00:24:01,399
Speaker 19: think possibly that this is people who knew what they

515
00:24:01,440 --> 00:24:03,320
Speaker 19: were doing. Just the way they did at the time

516
00:24:03,520 --> 00:24:05,520
Speaker 19: and the speed with which they did that this was

517
00:24:05,560 --> 00:24:09,320
Speaker 19: an organized gang, had a carefully laid out plan, and

518
00:24:09,480 --> 00:24:13,600
Speaker 19: perhaps it even meant that they were stealing these to order,

519
00:24:13,720 --> 00:24:16,520
Speaker 19: so they'd get them somewhere, get the jewels out and

520
00:24:16,600 --> 00:24:19,399
Speaker 19: have them melted down so they could recast them or

521
00:24:19,440 --> 00:24:19,919
Speaker 19: sell them on.

522
00:24:20,240 --> 00:24:22,280
Speaker 2: If they catch them, will they end up in the

523
00:24:22,359 --> 00:24:23,679
Speaker 2: cell next to Sarkozy.

524
00:24:26,560 --> 00:24:30,120
Speaker 19: Well, there's an other of them. You remember that big

525
00:24:30,200 --> 00:24:33,760
Speaker 19: heighs We had twenty sixteen Kim Kardashian ten million dollars

526
00:24:33,760 --> 00:24:36,920
Speaker 19: worth of jewelry, So maybe that one, But no Sarkozy,

527
00:24:37,119 --> 00:24:40,879
Speaker 19: former French president. He heads off to prison Tuesday morning,

528
00:24:40,920 --> 00:24:45,480
Speaker 19: our time first ever former head of the European Union

529
00:24:45,520 --> 00:24:49,400
Speaker 19: country to serve time behind bars. The last French head

530
00:24:49,440 --> 00:24:51,399
Speaker 19: of state to go behind bars was, of course, the

531
00:24:51,440 --> 00:24:54,560
Speaker 19: one who was the Nazi collaborator Peta, because he was

532
00:24:55,119 --> 00:24:58,800
Speaker 19: he signed the Armistas with Germany. We're told that mister

533
00:24:58,840 --> 00:25:01,480
Speaker 19: Sarkozy will be there, members of his family will be

534
00:25:01,520 --> 00:25:04,280
Speaker 19: there to show solidarity as he goes in the door.

535
00:25:04,800 --> 00:25:08,760
Speaker 19: We're also told he has told Le Figaro magazine that

536
00:25:08,800 --> 00:25:10,959
Speaker 19: he will take with them two books. One of them

537
00:25:11,000 --> 00:25:14,240
Speaker 19: will be a copy of Alexander Dumars, Count of Monte Cristo,

538
00:25:14,920 --> 00:25:17,080
Speaker 19: which just from memory, tells the story of a man

539
00:25:17,119 --> 00:25:21,520
Speaker 19: who escapes prison after being falsely accused of treason, and

540
00:25:21,680 --> 00:25:23,719
Speaker 19: is also going to take a new biography that's been

541
00:25:23,760 --> 00:25:25,240
Speaker 19: written about Jesus Christ.

542
00:25:25,480 --> 00:25:27,920
Speaker 2: Okay, we wish and well must catch up. Catherineppreciated Catherine

543
00:25:27,920 --> 00:25:29,360
Speaker 2: Field in France. But by the way I'm reading, made

544
00:25:29,400 --> 00:25:31,719
Speaker 2: AI in that particular part of the world. In Europe generally,

545
00:25:32,560 --> 00:25:35,560
Speaker 2: Europe is planning to triple the data center capacity. Now

546
00:25:35,600 --> 00:25:37,520
Speaker 2: is that interesting? Well, it sort of is because in

547
00:25:37,560 --> 00:25:42,040
Speaker 2: southern Europe about thirty percent of the population are situated

548
00:25:42,040 --> 00:25:44,560
Speaker 2: in areas with permanent water stress. So of course these

549
00:25:44,560 --> 00:25:47,200
Speaker 2: people build these things next to water and they don't

550
00:25:47,200 --> 00:25:49,320
Speaker 2: have enough water, so they don't have enough water currently,

551
00:25:49,960 --> 00:25:51,080
Speaker 2: So what are they going to do when all the

552
00:25:51,160 --> 00:25:53,360
Speaker 2: data centers arrived? Has anyone thought about that? And here's

553
00:25:53,400 --> 00:25:54,920
Speaker 2: the other thing. They seem asleep at the whel. The

554
00:25:54,960 --> 00:25:57,440
Speaker 2: EU is announced in the over the weekend that they're

555
00:25:57,480 --> 00:26:00,000
Speaker 2: twenty twenty seven. They're going to have their anti drone

556
00:26:00,119 --> 00:26:03,280
Speaker 2: system up and running so currently the war's going on.

557
00:26:03,440 --> 00:26:06,320
Speaker 2: The drone incursions are happening right here, right now. Europe

558
00:26:06,520 --> 00:26:08,760
Speaker 2: busy going this is a business Russian thing. Is this

559
00:26:08,800 --> 00:26:11,040
Speaker 2: a problem? Yes, it is. What should we do? I

560
00:26:11,080 --> 00:26:14,040
Speaker 2: know we'll find something to fix it by twenty twenty.

561
00:26:13,800 --> 00:26:15,520
Speaker 13: Se Have they been waiting for the funding for the

562
00:26:15,600 --> 00:26:16,880
Speaker 13: drone Wall of Significance?

563
00:26:18,240 --> 00:26:20,000
Speaker 2: I don't know, but it seems slow, doesn't it. Nine

564
00:26:20,040 --> 00:26:21,040
Speaker 2: Away from Seven.

565
00:26:21,600 --> 00:26:24,399
Speaker 3: The mic Hosking, Breakfast with the Defender and News.

566
00:26:24,320 --> 00:26:26,960
Speaker 2: Togs Head be like a saurstat yesterday, the Kiwi is

567
00:26:27,000 --> 00:26:29,000
Speaker 2: the fifth richest per capita in the world. So what's

568
00:26:29,040 --> 00:26:30,880
Speaker 2: everyone complaining about. It's a very good point. I don't

569
00:26:30,880 --> 00:26:32,600
Speaker 2: mean to demean the Herald, which is where you saw

570
00:26:32,640 --> 00:26:34,480
Speaker 2: the story, but we actually did the story last week,

571
00:26:34,520 --> 00:26:36,480
Speaker 2: which means you weren't listing your sawd in the Herald,

572
00:26:36,480 --> 00:26:38,359
Speaker 2: which gives you some sort of insight I suppose in

573
00:26:38,480 --> 00:26:41,239
Speaker 2: the news cycle. But we are. We are wealthier than

574
00:26:41,280 --> 00:26:43,639
Speaker 2: we think, and in wealth is a state of mind.

575
00:26:45,040 --> 00:26:48,879
Speaker 2: Thank you, Grasshopper. Sex Away from seven, all.

576
00:26:48,800 --> 00:26:50,119
Speaker 3: The ins and the ouse.

577
00:26:50,400 --> 00:26:54,520
Speaker 1: It's the fizz with business fiber take your business productivity

578
00:26:54,600 --> 00:26:55,520
Speaker 1: to the next level.

579
00:26:55,760 --> 00:26:59,800
Speaker 2: You watch construction cross costs have slowed, flattened out. So

580
00:27:00,160 --> 00:27:02,520
Speaker 2: we got this data report this morning about how prices,

581
00:27:03,000 --> 00:27:05,000
Speaker 2: how bad they were for a while. So last month

582
00:27:05,119 --> 00:27:07,800
Speaker 2: construction costs were one point two percent up year on year,

583
00:27:08,040 --> 00:27:12,040
Speaker 2: so well below inflation. You go back those to twenty fifteen.

584
00:27:12,040 --> 00:27:15,520
Speaker 2: The residential costs have gone up since then, sixty one percent.

585
00:27:16,760 --> 00:27:18,640
Speaker 2: That's for a standard one hundred and seventy five square

586
00:27:18,680 --> 00:27:20,679
Speaker 2: meter home. So that's compared with a thirty three percent

587
00:27:20,680 --> 00:27:23,840
Speaker 2: increase in the consumer price indexso thirty three percent overall,

588
00:27:23,920 --> 00:27:27,159
Speaker 2: that's sixty one for building. The building cost inflation has

589
00:27:27,240 --> 00:27:30,399
Speaker 2: run it roughly one point eight times the pace of

590
00:27:30,480 --> 00:27:34,359
Speaker 2: general inflation over the past decade. It's been ruinous. Non

591
00:27:34,400 --> 00:27:37,800
Speaker 2: residential didn't rise christ as much, so costs there were

592
00:27:38,000 --> 00:27:41,199
Speaker 2: forty two percent. It's probably all tilt slab, doesn't it.

593
00:27:41,240 --> 00:27:45,080
Speaker 2: I mean, I mean, how complicated is tilt slab? For

594
00:27:45,119 --> 00:27:48,200
Speaker 2: goodness sake, seed to weather boards, they're the big ones.

595
00:27:48,520 --> 00:27:51,359
Speaker 2: I got a cedar house, and I don't know whether

596
00:27:51,400 --> 00:27:52,960
Speaker 2: I love it or hate it because it it needs

597
00:27:53,000 --> 00:27:55,199
Speaker 2: a lot of maintenance. Ceedar house anyway, twenty fifteen, it

598
00:27:55,200 --> 00:27:58,040
Speaker 2: costs seventeen dollars a meter. That got up to sixty

599
00:27:58,200 --> 00:28:02,560
Speaker 2: four before coming back down fifty three. Shadow clad exterior

600
00:28:02,640 --> 00:28:05,560
Speaker 2: plywood up one hundred and ten percent, your windows up

601
00:28:05,640 --> 00:28:07,879
Speaker 2: seventy two. I mean, what do you need windows for?

602
00:28:07,920 --> 00:28:10,520
Speaker 2: They're a luxury anyway, aren't they cut back on the windows.

603
00:28:10,920 --> 00:28:15,400
Speaker 2: Steel sheet roofing up seventy six. Radiata Pine clear flooring

604
00:28:15,720 --> 00:28:19,159
Speaker 2: one twenty two percent, as in one hundred and twenty

605
00:28:19,200 --> 00:28:24,600
Speaker 2: two percent. Carpet forty one. That'll be that vinyl crap

606
00:28:24,600 --> 00:28:25,560
Speaker 2: they're bring in from China.

607
00:28:25,600 --> 00:28:25,719
Speaker 4: One.

608
00:28:25,880 --> 00:28:27,919
Speaker 2: You mean your good wool stuff will be better than

609
00:28:27,960 --> 00:28:31,080
Speaker 2: that ready mixed concrete. Don't talk to me about redimixed concrete.

610
00:28:31,160 --> 00:28:33,600
Speaker 2: When I put the when I put the old winter garden,

611
00:28:33,640 --> 00:28:36,320
Speaker 2: then we needed a concrete base. The concrete base was

612
00:28:36,359 --> 00:28:39,360
Speaker 2: more expensive than the winter garden. That's gone up forty

613
00:28:39,360 --> 00:28:43,640
Speaker 2: three percent. Radiata Pine framing forty five percent, Plywood only

614
00:28:43,680 --> 00:28:46,000
Speaker 2: twelve percent. But then it's plywood, isn't it. We don't

615
00:28:46,040 --> 00:28:49,400
Speaker 2: really like plywood. Construction labor costs are up thirty five

616
00:28:49,400 --> 00:28:51,280
Speaker 2: percent over a decade. That's not bad, though, if you

617
00:28:51,320 --> 00:28:53,520
Speaker 2: do ten years thirty five percent over a decade, that's

618
00:28:53,560 --> 00:28:55,800
Speaker 2: not bad. I mean, Glen's salary has gone off over

619
00:28:55,880 --> 00:28:58,640
Speaker 2: thirty five percent over the last decade. I know that

620
00:28:58,720 --> 00:29:01,240
Speaker 2: for a fun fact. I don't actually I just made

621
00:29:01,240 --> 00:29:04,000
Speaker 2: that bit up just for fundsies. Certainly, Sam's have you

622
00:29:04,040 --> 00:29:07,520
Speaker 2: seen what I'm wearing? What I'm but that's been taste.

623
00:29:07,800 --> 00:29:13,800
Speaker 2: Not everyone spends the money on clothes. Can't buy taste. Lynn.

624
00:29:14,200 --> 00:29:17,440
Speaker 2: As I've told you many times, Chris Bishop on the road,

625
00:29:17,520 --> 00:29:20,200
Speaker 2: speaking of money, he's spending big so so a few

626
00:29:20,240 --> 00:29:22,720
Speaker 2: hundred million dollars for the planning and a few hundred

627
00:29:22,760 --> 00:29:24,720
Speaker 2: more million dollars to buy the house. Wouldn't you buy

628
00:29:24,720 --> 00:29:26,560
Speaker 2: a house if the government came knocking on your door

629
00:29:27,320 --> 00:29:30,880
Speaker 2: and said, you know, how long would you hold out for?

630
00:29:31,320 --> 00:29:33,840
Speaker 2: Because John Key always had the thing he said, look,

631
00:29:33,960 --> 00:29:36,120
Speaker 2: you know, for the last house standing. Just give him

632
00:29:36,120 --> 00:29:38,040
Speaker 2: what they want, get the get the project going on.

633
00:29:38,080 --> 00:29:40,040
Speaker 2: And I think I'd want to be the last house sanding.

634
00:29:40,120 --> 00:29:44,000
Speaker 2: I think anyway, So the Roads of National Significance will

635
00:29:44,000 --> 00:29:45,640
Speaker 2: have a look at this after the news, which is next,

636
00:29:46,080 --> 00:29:46,880
Speaker 2: News Talks.

637
00:29:48,960 --> 00:29:53,000
Speaker 1: Credible, Compelling, the breakfast show you confess it's the Mic

638
00:29:53,080 --> 00:29:57,760
Speaker 1: Hosking Breakfast with Vita, Retirement, Communities, Life Your Way, News

639
00:29:57,800 --> 00:29:58,400
Speaker 1: Talks Head.

640
00:29:58,280 --> 00:30:00,440
Speaker 2: Be seven past seven. We got next ups in our

641
00:30:00,480 --> 00:30:03,840
Speaker 2: Roads of National Significance program, everything from the Northern Expressway

642
00:30:03,920 --> 00:30:06,080
Speaker 2: to the second amount VIC and terrorist tunnels. We've got

643
00:30:06,080 --> 00:30:08,200
Speaker 2: one point two billion set aside, six hundred and seventy

644
00:30:08,240 --> 00:30:10,160
Speaker 2: five million for consenting and design. We've got a bit

645
00:30:10,200 --> 00:30:11,840
Speaker 2: of a half a billion to buy up the property.

646
00:30:12,040 --> 00:30:14,240
Speaker 2: Chris Bishop is the Transport Minister back with this morning.

647
00:30:15,680 --> 00:30:17,920
Speaker 2: Those budgets. How locked in are they? I mean how

648
00:30:17,960 --> 00:30:20,840
Speaker 2: open to creep are they?

649
00:30:21,000 --> 00:30:23,920
Speaker 6: So the Transport Agency has taken a very conservative approach

650
00:30:23,960 --> 00:30:26,960
Speaker 6: to the budgets. They're what's called the P ninety five

651
00:30:27,080 --> 00:30:29,880
Speaker 6: rather than P fifty, which technically means they're a lot

652
00:30:29,920 --> 00:30:32,680
Speaker 6: more confident in the confidence around the numbers than they

653
00:30:32,680 --> 00:30:35,040
Speaker 6: are with a P fifty. So they've done quite a

654
00:30:35,040 --> 00:30:38,080
Speaker 6: bit of work and it's they're conservative, but there's no

655
00:30:38,120 --> 00:30:39,440
Speaker 6: doubt that their expensive projects.

656
00:30:39,440 --> 00:30:41,960
Speaker 2: Mike, Okay about that. How long's this stage?

657
00:30:43,720 --> 00:30:46,320
Speaker 6: So what's happening now as we're going through a prioritization

658
00:30:46,400 --> 00:30:48,880
Speaker 6: exercise as a government. We've now got all of the

659
00:30:48,920 --> 00:30:50,719
Speaker 6: investment cases and we're going to go through a bit

660
00:30:50,720 --> 00:30:53,280
Speaker 6: of a process of the government of working out you

661
00:30:53,280 --> 00:30:55,520
Speaker 6: know what the sort of rough order of sequences.

662
00:30:55,760 --> 00:30:57,840
Speaker 20: You can't build everything all at once, and we've always

663
00:30:57,840 --> 00:30:58,240
Speaker 20: said that.

664
00:30:58,280 --> 00:31:00,240
Speaker 6: You know, the seventeen around the country have got public

665
00:31:00,240 --> 00:31:03,720
Speaker 6: transport projects too, like the Northwestern Busway in Auckland. We've

666
00:31:03,720 --> 00:31:06,040
Speaker 6: got to think about the Airport to Botany busway We've

667
00:31:06,080 --> 00:31:08,360
Speaker 6: got to think about as well. So we can't build

668
00:31:08,400 --> 00:31:09,800
Speaker 6: them all at once. We want to make sure there's

669
00:31:09,800 --> 00:31:12,440
Speaker 6: a regional spread. Some are readier than others, to be honest,

670
00:31:12,600 --> 00:31:14,760
Speaker 6: Like if you think about Cambridge to Purity for example,

671
00:31:14,760 --> 00:31:17,240
Speaker 6: that's the extension of the way Kadock Expressway that just

672
00:31:17,280 --> 00:31:19,880
Speaker 6: got its consent. That project's been worked on for you know,

673
00:31:19,920 --> 00:31:22,320
Speaker 6: either better part of a decade to be honest, that

674
00:31:22,360 --> 00:31:24,640
Speaker 6: project's you know, coming ready for construction.

675
00:31:25,040 --> 00:31:26,480
Speaker 20: Others are a few years away.

676
00:31:26,480 --> 00:31:28,440
Speaker 2: To be fair, that Northern Expressway has got to be

677
00:31:28,480 --> 00:31:31,160
Speaker 2: ready to go. You cannot have a donkey track into

678
00:31:31,240 --> 00:31:32,600
Speaker 2: Northland as a region, can you.

679
00:31:33,280 --> 00:31:36,120
Speaker 6: Oh, the north and expressways in procurement right now. So

680
00:31:36,120 --> 00:31:39,960
Speaker 6: so stage one Walkworth to Welsford, that's in procurement right now.

681
00:31:40,000 --> 00:31:41,960
Speaker 6: We're expecting to turn a side on that next year,

682
00:31:42,000 --> 00:31:43,400
Speaker 6: so that will start construction next year.

683
00:31:43,520 --> 00:31:46,640
Speaker 2: So there are significance within significance is what I'm finding

684
00:31:46,640 --> 00:31:48,480
Speaker 2: out here. Because you can't do Why can't we do

685
00:31:48,560 --> 00:31:51,080
Speaker 2: it all at once? Is there a labor pipeline issue here?

686
00:31:52,400 --> 00:31:54,000
Speaker 20: Well, you can't do it all at once because there's

687
00:31:54,000 --> 00:31:54,600
Speaker 20: a couple of reasons.

688
00:31:54,600 --> 00:31:56,480
Speaker 6: One is just the market capacity, and then secondly it

689
00:31:56,520 --> 00:31:58,320
Speaker 6: is just the funding and financing of these things.

690
00:31:58,360 --> 00:31:59,960
Speaker 20: So you break them up into staate.

691
00:32:00,240 --> 00:32:02,600
Speaker 6: So we've broken Northland into three stages, and even within

692
00:32:02,600 --> 00:32:04,800
Speaker 6: one of them there's sort of two bits. You think

693
00:32:04,800 --> 00:32:07,120
Speaker 6: about the kind of expressway that took twenty years, right,

694
00:32:07,120 --> 00:32:08,640
Speaker 6: we didn't do all that, or didn't do that all

695
00:32:08,680 --> 00:32:10,280
Speaker 6: at once. We started at one end and we kept

696
00:32:10,320 --> 00:32:13,360
Speaker 6: going and now we're likely to do next the next section,

697
00:32:13,480 --> 00:32:16,200
Speaker 6: so we'll finish up in Pearity. And you know, think

698
00:32:16,240 --> 00:32:18,360
Speaker 6: about the Catholic express Away and Wellington. You know that

699
00:32:18,480 --> 00:32:22,240
Speaker 6: started back in twenty ten, twenty eleven. From memory, we're still.

700
00:32:22,080 --> 00:32:23,880
Speaker 20: Doing the next bit of it. It just takes time

701
00:32:23,920 --> 00:32:26,320
Speaker 20: to build these things. I am impatient as you are, Mike.

702
00:32:26,440 --> 00:32:28,880
Speaker 2: It does talk as you are. Guy who does my

703
00:32:28,920 --> 00:32:31,200
Speaker 2: coffee machine was round at my house yesterday. He goes

704
00:32:31,200 --> 00:32:33,560
Speaker 2: to Russia, right, he says, what they do in Russia

705
00:32:33,720 --> 00:32:36,240
Speaker 2: is they closed the place down over the weekend, literally

706
00:32:36,240 --> 00:32:38,280
Speaker 2: close it down, and they flood the place with people

707
00:32:38,320 --> 00:32:39,880
Speaker 2: and they put a new road in them by Monday,

708
00:32:39,880 --> 00:32:43,360
Speaker 2: there's a new road. That's what they do in Russia.

709
00:32:43,880 --> 00:32:46,120
Speaker 6: Well, they might have some labour, little difficulties in Russia.

710
00:32:46,120 --> 00:32:49,000
Speaker 6: We don't have in New Zealand. But I get your point.

711
00:32:49,040 --> 00:32:50,640
Speaker 6: And look, I'm as impatient as you are, and I'll

712
00:32:50,680 --> 00:32:52,800
Speaker 6: keep saying to the Transport Agency, but we've got to

713
00:32:52,800 --> 00:32:54,480
Speaker 6: try and speed these things up. You know, we don't

714
00:32:54,480 --> 00:32:56,760
Speaker 6: need bells and whistles, we don't need gold plating. We

715
00:32:56,880 --> 00:32:58,760
Speaker 6: just need to build some roads. They just need to

716
00:32:58,760 --> 00:33:02,200
Speaker 6: be simple, simply designed, you know, low cost as much

717
00:33:02,200 --> 00:33:03,600
Speaker 6: as possible and just get on with it.

718
00:33:03,640 --> 00:33:04,360
Speaker 20: And that's what we're doing.

719
00:33:04,400 --> 00:33:07,000
Speaker 6: And that to be fair, these business cases that they've done,

720
00:33:07,080 --> 00:33:09,200
Speaker 6: some of these business cases used to take three four years.

721
00:33:09,200 --> 00:33:10,440
Speaker 20: They've done them in eighteen.

722
00:33:10,760 --> 00:33:12,920
Speaker 2: That was my next question. So you can point to,

723
00:33:13,120 --> 00:33:15,000
Speaker 2: because you'll need to an election year next year, you

724
00:33:15,040 --> 00:33:18,239
Speaker 2: can point to a process that is materially faster and

725
00:33:18,240 --> 00:33:19,400
Speaker 2: more efficient than it used to be.

726
00:33:20,280 --> 00:33:23,680
Speaker 6: Absolutely, absolutely, these things used to take three four five years.

727
00:33:23,680 --> 00:33:25,760
Speaker 20: I mean remember light rail. I mean we never got

728
00:33:25,760 --> 00:33:27,880
Speaker 20: out of the business case there was though.

729
00:33:27,840 --> 00:33:30,640
Speaker 2: No one took that seriously. I mean, you're a government,

730
00:33:30,680 --> 00:33:33,000
Speaker 2: you're serious people. I'm expecting some progress here.

731
00:33:33,760 --> 00:33:33,960
Speaker 20: Yeah.

732
00:33:34,000 --> 00:33:36,840
Speaker 6: Well, we've got oteching and Levin started, We've got maling started,

733
00:33:37,480 --> 00:33:41,080
Speaker 6: We've got we've got the Takatimu north Link is in

734
00:33:41,120 --> 00:33:44,120
Speaker 6: construction right now, and they've got a whole range of

735
00:33:44,120 --> 00:33:45,800
Speaker 6: projects that are being built right now. I've got a

736
00:33:45,800 --> 00:33:47,600
Speaker 6: whole range coming to market in the next year or

737
00:33:47,640 --> 00:33:49,480
Speaker 6: two which will start start construction on.

738
00:33:49,520 --> 00:33:50,480
Speaker 20: It's great news for the country.

739
00:33:50,520 --> 00:33:50,560
Speaker 11: No.

740
00:33:51,760 --> 00:33:54,880
Speaker 2: Christ Biship, Transport Minister. Ten minutes past seven, Pascal so

741
00:33:55,000 --> 00:33:56,760
Speaker 2: to Labour's big day out with a new idea. So

742
00:33:56,800 --> 00:33:58,840
Speaker 2: they're calling it this future fund the broad idea, as

743
00:33:58,840 --> 00:34:01,320
Speaker 2: you said, aside money to funds capital investment from you know,

744
00:34:01,360 --> 00:34:04,000
Speaker 2: the small local idea that might otherwise head off shore.

745
00:34:04,360 --> 00:34:06,600
Speaker 2: Robbie Paul is the CEO of ice House Ventures and

746
00:34:06,640 --> 00:34:10,360
Speaker 2: as well, there's Robbie morning, good morning. Don't you do

747
00:34:10,440 --> 00:34:12,000
Speaker 2: this anyway? Isn't this what you do?

748
00:34:13,400 --> 00:34:13,600
Speaker 3: Well?

749
00:34:13,640 --> 00:34:16,000
Speaker 21: The capital markets do lots of things and we invest

750
00:34:16,000 --> 00:34:19,200
Speaker 21: in tech companies and so that I think is an

751
00:34:19,239 --> 00:34:22,719
Speaker 21: interesting provocation, right, Like what companies are not evil source

752
00:34:22,719 --> 00:34:25,280
Speaker 21: of capital that they need and why.

753
00:34:25,320 --> 00:34:28,680
Speaker 2: Yeah, exactly, because all I saw yesterday was Chris Hopkins

754
00:34:28,680 --> 00:34:30,840
Speaker 2: wandering around the room, you know, going do you need capital?

755
00:34:30,880 --> 00:34:32,839
Speaker 2: And everyone said no, I'm all sorted, thanks very much.

756
00:34:32,880 --> 00:34:35,240
Speaker 2: I mean, is there a capital problem?

757
00:34:35,920 --> 00:34:38,440
Speaker 21: Look, I think the overall policy is sort of agreeable

758
00:34:38,440 --> 00:34:42,359
Speaker 21: and directionally correct. Is there a problem? I've never really

759
00:34:42,400 --> 00:34:44,080
Speaker 21: subscribed that. I say that there's a gap in the

760
00:34:44,120 --> 00:34:47,720
Speaker 21: capital market. It's a capitalists and investors are extremely efficient

761
00:34:47,719 --> 00:34:50,319
Speaker 21: at finding yield, right. And you know I point out

762
00:34:50,400 --> 00:34:52,160
Speaker 21: is that every time we talk to the New zeal

763
00:34:52,200 --> 00:34:56,399
Speaker 21: And super Fun, they describe their offshore investments as their

764
00:34:56,440 --> 00:34:57,480
Speaker 21: fiscal responsibility.

765
00:34:57,560 --> 00:34:57,680
Speaker 5: Right.

766
00:34:57,719 --> 00:34:59,560
Speaker 21: They're going globally to find the best things that they

767
00:34:59,560 --> 00:35:00,720
Speaker 21: can invest the exactly.

768
00:35:00,760 --> 00:35:04,480
Speaker 2: But as far as I can and really broad terms, Robbie,

769
00:35:04,680 --> 00:35:08,320
Speaker 2: the world seems a wash with cash for ideas.

770
00:35:10,320 --> 00:35:14,480
Speaker 21: Yeah, look, great entrepreneurs are you know, they're the customer

771
00:35:14,600 --> 00:35:16,520
Speaker 21: in our experience. So I think a lot of people

772
00:35:16,560 --> 00:35:21,480
Speaker 21: traditionally assume that we as investors sit there and you know,

773
00:35:21,560 --> 00:35:24,880
Speaker 21: send off companies. It's actually the opposite, where great companies

774
00:35:24,920 --> 00:35:27,480
Speaker 21: are being chased by us and investors globally.

775
00:35:27,640 --> 00:35:29,200
Speaker 2: Yeah, I just can't work out where they're going with this.

776
00:35:29,280 --> 00:35:31,760
Speaker 2: Appreciate your inside Robbie Paul the ice house bench of CEO.

777
00:35:31,840 --> 00:35:34,600
Speaker 2: If that's the best, I mean, there's nothing wrong with

778
00:35:34,640 --> 00:35:36,799
Speaker 2: the idea. It's like you go, are you against it?

779
00:35:36,840 --> 00:35:38,719
Speaker 2: And of course I'm not, why would I be? But

780
00:35:38,880 --> 00:35:41,279
Speaker 2: but it's already being done and we're happy as so.

781
00:35:41,360 --> 00:35:43,839
Speaker 2: It's another word dumpy do idea from people who aren't

782
00:35:43,840 --> 00:35:45,480
Speaker 2: out in the world, don't understand the real world and

783
00:35:45,520 --> 00:35:46,920
Speaker 2: have come up it's sort of a kind of a

784
00:35:46,920 --> 00:35:48,640
Speaker 2: nothing and that's where we get the part. Well, well,

785
00:35:48,680 --> 00:35:50,560
Speaker 2: who's in charge and what decisions do you make? And

786
00:35:50,560 --> 00:35:52,759
Speaker 2: what companies are involved? We don't know, don't know, don't know,

787
00:35:52,840 --> 00:35:55,880
Speaker 2: thirteen past seven, tasking like I'm a business c if

788
00:35:55,960 --> 00:35:59,200
Speaker 2: I have just had a twenty two percent reduction in

789
00:35:59,200 --> 00:36:02,600
Speaker 2: insurance premium's huge capacity in insurance markets and big money

790
00:36:02,600 --> 00:36:05,080
Speaker 2: coming in from off Sure, that's interesting, Mike, just laugh

791
00:36:05,080 --> 00:36:07,760
Speaker 2: When Chrishipkins talked about the Future Fund, can't anyone remember

792
00:36:07,840 --> 00:36:10,520
Speaker 2: keep we will? Yeah, they've got a massive credibility problem.

793
00:36:10,640 --> 00:36:12,799
Speaker 2: They're the same people who buggered the place a back

794
00:36:13,320 --> 00:36:15,920
Speaker 2: three years later, going hey remember us. I believe a

795
00:36:15,920 --> 00:36:18,800
Speaker 2: lot of our country's poor economic performance. My growth and

796
00:36:18,840 --> 00:36:21,120
Speaker 2: recovery from the previous six years is due to the

797
00:36:21,160 --> 00:36:23,719
Speaker 2: negativity surrounding the whole of society. This has been led

798
00:36:23,719 --> 00:36:26,359
Speaker 2: and fed by negative lefty media that won't be happy

799
00:36:26,440 --> 00:36:28,360
Speaker 2: until we're all reliant on a social estate. You know what.

800
00:36:28,360 --> 00:36:30,120
Speaker 2: I was talking to a friend who isn't from London

801
00:36:30,160 --> 00:36:32,640
Speaker 2: the other day. They couldn't agree more. They've come back

802
00:36:32,680 --> 00:36:34,640
Speaker 2: and they gone, what the hell is the matter with

803
00:36:34,719 --> 00:36:37,480
Speaker 2: everyone's attitude here? And I think you're onto that there's

804
00:36:37,520 --> 00:36:39,279
Speaker 2: something in that fourteen past.

805
00:36:40,440 --> 00:36:44,800
Speaker 1: The High Asking Breakfast Full Show podcast on iHeartRadio powered

806
00:36:44,880 --> 00:36:47,160
Speaker 1: by News Talks at b Right.

807
00:36:47,320 --> 00:36:49,640
Speaker 2: Sixteen past seven latest charter school's got to focus on

808
00:36:49,719 --> 00:36:52,080
Speaker 2: high performance sports. The New Zealand Performance Academy set to

809
00:36:52,160 --> 00:36:54,239
Speaker 2: open early next year. It will offer Elake rugby and

810
00:36:54,280 --> 00:36:57,840
Speaker 2: football training alongside your regular schooling. Bretto Riley's on the

811
00:36:57,880 --> 00:36:59,920
Speaker 2: board of this particular establishment and as back with the

812
00:37:00,080 --> 00:37:03,279
Speaker 2: Brett Morning Morning Mate, this seems for those of us

813
00:37:03,280 --> 00:37:05,239
Speaker 2: who were into sport at school, this seems like a

814
00:37:05,320 --> 00:37:07,799
Speaker 2: dream come true. Yeah.

815
00:37:07,840 --> 00:37:10,759
Speaker 16: Look, it's certainly a great model and I think it's

816
00:37:10,840 --> 00:37:15,279
Speaker 16: going to offer a really, really exciting education opportunities and

817
00:37:15,400 --> 00:37:21,359
Speaker 16: really exciting high performance sport opportunities for young women and men.

818
00:37:21,440 --> 00:37:24,080
Speaker 16: And I think that's something we've been working on for

819
00:37:24,200 --> 00:37:25,840
Speaker 16: quite a while and it's really nice to see it

820
00:37:25,920 --> 00:37:26,560
Speaker 16: come to fruition.

821
00:37:26,760 --> 00:37:28,600
Speaker 2: How does it work? Do you pick winners? I mean,

822
00:37:29,160 --> 00:37:30,919
Speaker 2: are the best of the best? Are you cheery picking?

823
00:37:30,960 --> 00:37:31,520
Speaker 2: In other words?

824
00:37:32,760 --> 00:37:32,800
Speaker 9: No?

825
00:37:33,040 --> 00:37:38,200
Speaker 16: I mean our funding through the charter school program really

826
00:37:38,400 --> 00:37:40,880
Speaker 16: establishes us as a school that takes will come it.

827
00:37:41,080 --> 00:37:43,480
Speaker 16: So anybody who is interested in going to the New

828
00:37:43,600 --> 00:37:51,200
Speaker 16: Zealand Performance Academy ALTERRO can enroll and they can participate

829
00:37:51,280 --> 00:37:54,560
Speaker 16: in the school alongside people who are part of the

830
00:37:55,640 --> 00:38:01,880
Speaker 16: Wellington Phoenix Academy. They can participate in sport activity themselves,

831
00:38:01,920 --> 00:38:06,480
Speaker 16: but they can also just have a and I don't

832
00:38:06,480 --> 00:38:09,080
Speaker 16: know what normal is anymore, but they can have a

833
00:38:09,200 --> 00:38:14,480
Speaker 16: secondary schooled education. And we're as focused on academic achievement

834
00:38:14,520 --> 00:38:17,359
Speaker 16: as we are on sporting achievement, and hopefully we can

835
00:38:17,440 --> 00:38:19,840
Speaker 16: make both of those things happen. So, even if you

836
00:38:19,880 --> 00:38:22,680
Speaker 16: don't have an aspiration to be a professional athlete, if

837
00:38:22,719 --> 00:38:24,560
Speaker 16: you're interested in sport and you're thinking in a bit,

838
00:38:24,680 --> 00:38:29,000
Speaker 16: you enjoy going to school alongside people who do have

839
00:38:29,080 --> 00:38:31,000
Speaker 16: an aspiration to be a professional athlete.

840
00:38:31,080 --> 00:38:32,959
Speaker 2: You can do that because we interview the people behind

841
00:38:33,000 --> 00:38:35,239
Speaker 2: the online charter school the other day and they said, look,

842
00:38:35,280 --> 00:38:37,000
Speaker 2: the rules are there is no cherry picking, and I

843
00:38:37,120 --> 00:38:39,120
Speaker 2: understand that, but in your case, is that a miss?

844
00:38:39,280 --> 00:38:42,239
Speaker 2: I mean, surely, if you've got a facility, you want

845
00:38:42,280 --> 00:38:44,440
Speaker 2: to plug in the best athletes so that they can

846
00:38:44,520 --> 00:38:46,520
Speaker 2: excel to a point where they will live to their

847
00:38:46,560 --> 00:38:48,640
Speaker 2: fullest potential. I mean, isn't that what that's all about?

848
00:38:49,960 --> 00:38:54,239
Speaker 16: Look, I think it will naturally attract people who want

849
00:38:54,320 --> 00:38:57,800
Speaker 16: to be you know, who want a career in sport,

850
00:38:57,920 --> 00:39:02,120
Speaker 16: but you know, both as directly as participants, but potentially

851
00:39:02,239 --> 00:39:06,200
Speaker 16: also in related careers like physio and administration.

852
00:39:06,880 --> 00:39:07,520
Speaker 3: And you're right.

853
00:39:07,719 --> 00:39:10,279
Speaker 16: We located at the New Zealand Campus of Innovation and

854
00:39:10,360 --> 00:39:13,800
Speaker 16: Sport and tread them the old CIT as it was

855
00:39:13,920 --> 00:39:16,239
Speaker 16: many years ago, and that is one of the best

856
00:39:16,320 --> 00:39:20,120
Speaker 16: high performance sports facilities in New Zealand, if not the

857
00:39:20,200 --> 00:39:24,560
Speaker 16: world actually. But the technology and the investment I've made

858
00:39:24,600 --> 00:39:24,759
Speaker 16: in the.

859
00:39:24,760 --> 00:39:26,279
Speaker 15: Infrastructure is incredible.

860
00:39:26,960 --> 00:39:28,680
Speaker 16: But you know, we expect we'll get a lot of

861
00:39:28,800 --> 00:39:34,160
Speaker 16: local young people, initially years eleven to thirteen from the

862
00:39:34,480 --> 00:39:38,040
Speaker 16: Hut Valley catchment, but we've had the phone has been

863
00:39:38,640 --> 00:39:43,200
Speaker 16: literally running hot since announcement yesterday, and so we're aiming

864
00:39:43,239 --> 00:39:45,879
Speaker 16: for one hundred in our first year on the role.

865
00:39:45,960 --> 00:39:49,280
Speaker 16: And I don't think based on yesterday's announcement and the feedback,

866
00:39:49,320 --> 00:39:50,840
Speaker 16: we can have any problem for achieving that.

867
00:39:51,080 --> 00:39:52,759
Speaker 2: Well, I wish you the best. Well, it's probably I'm

868
00:39:52,800 --> 00:39:54,960
Speaker 2: a big fan of charter schools, but this one seems

869
00:39:54,960 --> 00:39:56,799
Speaker 2: to be the best of the best. BREDA Riley, who's

870
00:39:56,800 --> 00:40:01,360
Speaker 2: the New Zealand Performance Academy board member David Seymour, pushing

871
00:40:01,520 --> 00:40:05,759
Speaker 2: thirty was pretty good, don't you think so? Sam said

872
00:40:05,800 --> 00:40:07,960
Speaker 2: in here going No, I do eighty five. But Sam's

873
00:40:07,960 --> 00:40:09,839
Speaker 2: a bit like that and he's on steroids. But David,

874
00:40:09,880 --> 00:40:11,560
Speaker 2: if you didn't see him on the news yesterdays, lying

875
00:40:11,600 --> 00:40:14,399
Speaker 2: down is pushing fifteen aside plus the weight to the bar.

876
00:40:15,040 --> 00:40:17,360
Speaker 2: He looked at you looked at it closely. He was

877
00:40:17,560 --> 00:40:20,040
Speaker 2: he was shaking. He wasn't too red in the face,

878
00:40:20,120 --> 00:40:22,799
Speaker 2: but he had a business shit. We were impressed. My wife,

879
00:40:22,800 --> 00:40:26,560
Speaker 2: who's very much into weights these days, was very impressed.

880
00:40:27,320 --> 00:40:29,000
Speaker 13: The people who say plus the weight to the bar,

881
00:40:29,200 --> 00:40:31,080
Speaker 13: are they like the people who say and a half

882
00:40:31,120 --> 00:40:32,040
Speaker 13: when they give their high No.

883
00:40:32,160 --> 00:40:33,959
Speaker 2: The way to a bar? You ever pushed a bar, Glenn,

884
00:40:34,000 --> 00:40:35,480
Speaker 2: I got a couple of bars at home there. I

885
00:40:35,560 --> 00:40:38,200
Speaker 2: reckon five cage's by themselves. I think he's pushing. He

886
00:40:38,320 --> 00:40:39,600
Speaker 2: was pushing thirty depends.

887
00:40:39,280 --> 00:40:41,640
Speaker 13: If it depends on It depends on the bar. That's

888
00:40:41,640 --> 00:40:44,000
Speaker 13: what I'm saying. Percentage wise, you know, it becomes less

889
00:40:44,000 --> 00:40:45,600
Speaker 13: significant the more you go up, doesn't it?

890
00:40:45,840 --> 00:40:48,719
Speaker 2: Well, like as the maths equation as well.

891
00:40:48,760 --> 00:40:50,680
Speaker 13: I'm just saying that people who are six foot five

892
00:40:50,800 --> 00:40:52,880
Speaker 13: never say I'm six foot five and a half, whereas

893
00:40:52,920 --> 00:40:55,279
Speaker 13: people like me who's five foot eight and a half,

894
00:40:55,360 --> 00:40:56,360
Speaker 13: I definitely hang on to.

895
00:40:56,400 --> 00:40:59,040
Speaker 2: That half, Okay, I got to you at five foot

896
00:40:59,040 --> 00:41:00,759
Speaker 2: three or four or maybe just stoop that way. It

897
00:41:00,880 --> 00:41:02,360
Speaker 2: is a seven twenty one.

898
00:41:04,600 --> 00:41:08,760
Speaker 1: The Mike Hosking Breakfast Full Show podcast on Aheard radio

899
00:41:09,080 --> 00:41:10,480
Speaker 1: powered by NEWSTALKSP.

900
00:41:14,440 --> 00:41:17,040
Speaker 2: If you're a bid manager, you know, responding to those tenders,

901
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Speaker 2: those RFPs, you know how hard it is to beat

902
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Speaker 2: your competitors. Just preparing an RFP response is like hurting cats,

903
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Speaker 2: you know all that. So you've got to get those

904
00:41:23,160 --> 00:41:25,600
Speaker 2: busy technical stuff. They don't like writing anyone and they

905
00:41:25,600 --> 00:41:27,719
Speaker 2: don't write that well, so they got to find the

906
00:41:27,760 --> 00:41:29,480
Speaker 2: time to respond on time. So you've got to avoid

907
00:41:29,520 --> 00:41:32,480
Speaker 2: reinventing the wheel with every response you know you using

908
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Speaker 2: reusing that existing content. You got to make it look

909
00:41:35,040 --> 00:41:37,319
Speaker 2: and sound new while using your corporate language and your

910
00:41:37,320 --> 00:41:39,600
Speaker 2: style and your brand tone, all before meeting the RFP's

911
00:41:39,640 --> 00:41:42,360
Speaker 2: tight delivery deadlines hard work, which is where one that

912
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Speaker 2: comes in anglessly. AI. They've built the safe and secure

913
00:41:46,239 --> 00:41:48,760
Speaker 2: software for risk averse businesses to water make the tender

914
00:41:48,800 --> 00:41:51,960
Speaker 2: and RFP process with AI. So the software means you

915
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Speaker 2: create winning proposals faster at a lower cost, much higher

916
00:41:55,920 --> 00:41:58,120
Speaker 2: access rate and success rate. So if you need to

917
00:41:58,360 --> 00:42:00,839
Speaker 2: beat your competitors with the RFP's one net, dot code

918
00:42:00,840 --> 00:42:03,279
Speaker 2: dot ZiT, there's your answer. One net, dot co dot

919
00:42:03,400 --> 00:42:07,359
Speaker 2: nz complementary consultation. They'll assess how your business can win

920
00:42:07,480 --> 00:42:10,880
Speaker 2: with more RFPs with Grizzly AI. Simply they'll solve your problem.

921
00:42:11,280 --> 00:42:14,880
Speaker 2: One net plus Grizzly AI a powerful team for increasing

922
00:42:14,960 --> 00:42:18,839
Speaker 2: your profitability. Cosking Seymour's just texted a lot of your

923
00:42:18,880 --> 00:42:23,200
Speaker 2: texts twenty kg's the bars twenty so he's lifting fifty.

924
00:42:24,280 --> 00:42:28,480
Speaker 2: What led the inflation numbers answer electricity. And here's the

925
00:42:28,480 --> 00:42:31,319
Speaker 2: scandal about electricity. The numbers just for reference, one percent

926
00:42:31,360 --> 00:42:33,760
Speaker 2: for the quarter, three percent for the year, electricity eleven.

927
00:42:34,760 --> 00:42:36,960
Speaker 2: So that's your cost of living crisis right there. The

928
00:42:36,960 --> 00:42:38,880
Speaker 2: cost of living crisis isn't a broad base thing. Not

929
00:42:38,960 --> 00:42:40,960
Speaker 2: everything's up a lot, Not everything even costs a lot.

930
00:42:41,280 --> 00:42:43,840
Speaker 2: One of the great ironies about the butter scrap was

931
00:42:43,880 --> 00:42:46,360
Speaker 2: that although yes, butter has risen a lot in price,

932
00:42:46,440 --> 00:42:49,520
Speaker 2: it has risen for decent explainable reasons, i e. We

933
00:42:49,680 --> 00:42:51,600
Speaker 2: make a lot of foreign income from selling the world

934
00:42:51,640 --> 00:42:53,560
Speaker 2: one of our high quality products. But at no point

935
00:42:54,080 --> 00:42:56,320
Speaker 2: is but are really unaffordable given we don't use a

936
00:42:56,360 --> 00:42:58,239
Speaker 2: lot of It's not like we're using three packs a day,

937
00:42:58,920 --> 00:43:01,520
Speaker 2: but we do use and really you can't escape power. Further,

938
00:43:01,880 --> 00:43:03,920
Speaker 2: your average usage of power is a hell of a

939
00:43:03,960 --> 00:43:06,279
Speaker 2: lot more than butter. And yet butter turned into a

940
00:43:06,360 --> 00:43:08,960
Speaker 2: national monathon for weeks on end. Here's the real scandal

941
00:43:09,040 --> 00:43:11,359
Speaker 2: on power. It's hidden, of course, behind the climate. There

942
00:43:11,440 --> 00:43:12,920
Speaker 2: is no need for power to cost what it does

943
00:43:12,960 --> 00:43:15,600
Speaker 2: in this country, far less cost even more and more

944
00:43:15,800 --> 00:43:18,560
Speaker 2: and more, and therefore add to inflation. We fail to

945
00:43:18,640 --> 00:43:21,919
Speaker 2: invest in infrastructure and the labor, government killed oil and gas.

946
00:43:22,200 --> 00:43:24,640
Speaker 2: Add those two things together and you got the current debacle.

947
00:43:24,880 --> 00:43:26,879
Speaker 2: You can add counsels and their rates bill if you want.

948
00:43:26,960 --> 00:43:28,880
Speaker 2: But in the theory, the government's eventually going to get

949
00:43:28,920 --> 00:43:30,879
Speaker 2: around to capping those rates. But at what point does

950
00:43:30,960 --> 00:43:35,360
Speaker 2: power get the same attention? Power is industry, an industry

951
00:43:35,440 --> 00:43:38,040
Speaker 2: is jobs, and the danger of inflation is it is

952
00:43:38,080 --> 00:43:41,400
Speaker 2: simply a measure of things getting worse. It's a vicious cycle,

953
00:43:42,000 --> 00:43:44,120
Speaker 2: and unless contained and restrained, we end up in the

954
00:43:44,160 --> 00:43:47,120
Speaker 2: mess that we currently are. Bits of inflation are contained,

955
00:43:47,120 --> 00:43:50,960
Speaker 2: of course, how by not doing things. Losing jobs and

956
00:43:51,040 --> 00:43:58,200
Speaker 2: closing factories fantastic for inflation. Economic stagnation creates very little inflation. Meantime,

957
00:43:58,239 --> 00:44:00,360
Speaker 2: the power companies, under the guise of saving the world,

958
00:44:00,800 --> 00:44:02,839
Speaker 2: are building windmills and sending us the bill. The cost

959
00:44:02,880 --> 00:44:05,239
Speaker 2: of power in New Zealand, whether for you or me

960
00:44:05,400 --> 00:44:08,880
Speaker 2: or the country's biggest uses, is ruinous, literally ruinous. The

961
00:44:09,000 --> 00:44:13,880
Speaker 2: inflation out workings are but one part of their overall evil.

962
00:44:14,400 --> 00:44:15,440
Speaker 3: Asking we've talked to.

963
00:44:15,440 --> 00:44:17,359
Speaker 2: Contact about that in just a couple of moments. Yeah,

964
00:44:17,360 --> 00:44:20,239
Speaker 2: everyone's saying bars are twenty cag's, which is funny because

965
00:44:20,280 --> 00:44:22,520
Speaker 2: I don't lift a lot of those big weights. I

966
00:44:22,680 --> 00:44:25,000
Speaker 2: use dumbells all that sort of stuff, But Katie does

967
00:44:25,040 --> 00:44:26,600
Speaker 2: and she's we got a couple of these big bars

968
00:44:26,680 --> 00:44:29,120
Speaker 2: in the gym and I lifted one one day and

969
00:44:29,160 --> 00:44:31,080
Speaker 2: I thought, God, that's heavy. Why is that so heavy?

970
00:44:31,120 --> 00:44:33,640
Speaker 2: What's the point of that being that heavy? When I'm

971
00:44:33,680 --> 00:44:35,480
Speaker 2: going to put extra weights on it as well? Why

972
00:44:35,520 --> 00:44:37,920
Speaker 2: don't you start off super light and then you can

973
00:44:37,960 --> 00:44:40,160
Speaker 2: build it up with the weights on the site. So

974
00:44:40,400 --> 00:44:43,080
Speaker 2: David was fifty, so that seemed to me to be impressive.

975
00:44:43,160 --> 00:44:46,279
Speaker 2: Sam's claiming one hundred and forty five. Now he said,

976
00:44:46,320 --> 00:44:48,160
Speaker 2: don't insult me with the eighty five. It's one hundred

977
00:44:48,160 --> 00:44:49,960
Speaker 2: and forty five, And I'm thinking that's bollocks.

978
00:44:50,080 --> 00:44:52,160
Speaker 13: He wants me to lie down straight so he can

979
00:44:52,200 --> 00:44:53,040
Speaker 13: lift me up and down.

980
00:44:53,120 --> 00:44:55,520
Speaker 2: He says, but you're you're one hundred and twenty seven, aren't.

981
00:44:55,520 --> 00:45:01,080
Speaker 2: I know, yeah, and squidgy, I know it couldn't grip

982
00:45:01,160 --> 00:45:04,960
Speaker 2: on you a sack of seed. Exactly which bits would

983
00:45:05,000 --> 00:45:09,000
Speaker 2: you grip and how off putting would that be? As

984
00:45:09,080 --> 00:45:12,879
Speaker 2: I say, we'll talk to a contact about power after

985
00:45:12,960 --> 00:45:16,080
Speaker 2: the news, which is next. You're in the my costing breakfast, No.

986
00:45:19,239 --> 00:45:21,960
Speaker 3: Fluff, just facts and fierce debate.

987
00:45:22,200 --> 00:45:26,080
Speaker 1: The Mic Hosking Breakfast were the defender Embrace the impossible

988
00:45:26,200 --> 00:45:27,480
Speaker 1: news togs head be Mike.

989
00:45:27,360 --> 00:45:29,040
Speaker 2: Glad you had Robbie Paul from ice House on the

990
00:45:29,080 --> 00:45:31,200
Speaker 2: sharp and investing in ice House for a few years now.

991
00:45:31,239 --> 00:45:33,240
Speaker 2: They're smart guys who know they right. Thank you, Lindsay.

992
00:45:33,320 --> 00:45:36,200
Speaker 2: Mike interview with Chris Bishop refers to how come funding

993
00:45:36,320 --> 00:45:39,839
Speaker 2: is a problem to cause prioritization when toll roads as

994
00:45:39,960 --> 00:45:42,399
Speaker 2: highways are self funding. Ellen, it's not a bad question.

995
00:45:42,520 --> 00:45:44,040
Speaker 2: Let me come back to that in the moment, Mike

996
00:45:44,280 --> 00:45:46,800
Speaker 2: does the fact that Liam was doing a lot of

997
00:45:46,840 --> 00:45:49,600
Speaker 2: promotional work for Ford last week in America means he's

998
00:45:49,640 --> 00:45:51,719
Speaker 2: a front runner for so No to seat next year?

999
00:45:52,080 --> 00:45:56,839
Speaker 2: Another good question. More shortly twenty three to eight Now

1000
00:45:58,239 --> 00:46:01,040
Speaker 2: news on the power front in Fatilla's putting almost half

1001
00:46:01,080 --> 00:46:03,800
Speaker 2: a billion into Contact Energy, as Andrew alluded to earlier

1002
00:46:03,840 --> 00:46:06,080
Speaker 2: on in the program. Forsyth BARSI a fifteen percent net

1003
00:46:06,120 --> 00:46:08,759
Speaker 2: profit to well, it's a jump to three hundred and

1004
00:46:08,760 --> 00:46:11,359
Speaker 2: eighty eight million. They think we also have another gas

1005
00:46:11,440 --> 00:46:13,880
Speaker 2: price rise coming. This one's seventeen percent for more than

1006
00:46:13,920 --> 00:46:15,759
Speaker 2: forty thousand homes. So there's a lot to talk about

1007
00:46:16,200 --> 00:46:18,640
Speaker 2: in the world of power and energy. Generally, my fuse

1008
00:46:18,719 --> 00:46:21,239
Speaker 2: as the CEO of Contact Energy and is back with us.

1009
00:46:21,239 --> 00:46:23,560
Speaker 2: Mike Morning to you, morning Mike.

1010
00:46:23,600 --> 00:46:23,920
Speaker 5: How are you.

1011
00:46:24,080 --> 00:46:25,920
Speaker 2: I'm well, thank you? Are you sort of in a

1012
00:46:26,000 --> 00:46:27,880
Speaker 2: rock and a hard place. I mean, it's wonderful to

1013
00:46:27,920 --> 00:46:30,040
Speaker 2: talk about profit, except when they come from people who

1014
00:46:30,080 --> 00:46:31,799
Speaker 2: hate you because you're putting the power price up.

1015
00:46:33,520 --> 00:46:35,360
Speaker 15: Look, I think there's two things in that. One is

1016
00:46:35,520 --> 00:46:39,000
Speaker 15: our profits rising because we're investing, and that's a quid

1017
00:46:39,040 --> 00:46:41,759
Speaker 15: pro quote. I think the second thing to understand is

1018
00:46:41,880 --> 00:46:46,840
Speaker 15: that for electricity prices, the primary driver of these price increases,

1019
00:46:46,880 --> 00:46:51,799
Speaker 15: we're seeing other lines charges, which fortunately they are regulated,

1020
00:46:52,000 --> 00:46:55,439
Speaker 15: and the next price path was set when interest rates

1021
00:46:55,440 --> 00:46:59,879
Speaker 15: were almost double what they are today. So that's unfortunately,

1022
00:47:01,160 --> 00:47:06,319
Speaker 15: that's the regulated part of the industry. In the where

1023
00:47:06,800 --> 00:47:10,359
Speaker 15: the gentators, where we're competing, hard spot prices have come

1024
00:47:10,520 --> 00:47:11,000
Speaker 15: right off.

1025
00:47:11,400 --> 00:47:14,600
Speaker 2: A foresyth bar roughly right. They're estimating you're going to

1026
00:47:14,640 --> 00:47:16,680
Speaker 2: have an operating profit of two forty two. That's for

1027
00:47:16,760 --> 00:47:19,399
Speaker 2: the three months to the end of September. That'll rise

1028
00:47:19,440 --> 00:47:21,399
Speaker 2: to three eighty eight in the year to June next year.

1029
00:47:21,480 --> 00:47:24,120
Speaker 2: Four seventy five by June twenty seven to five nine

1030
00:47:24,200 --> 00:47:28,319
Speaker 2: by the year after that. I mean that's big, big money, yes,

1031
00:47:28,480 --> 00:47:29,000
Speaker 2: and that just.

1032
00:47:29,080 --> 00:47:31,880
Speaker 15: Reflects the amount of investment we've got into geo thermal.

1033
00:47:32,000 --> 00:47:37,000
Speaker 15: But now we're putting into solar batteries and even potentially wins.

1034
00:47:37,120 --> 00:47:41,040
Speaker 15: So the amount that we have invested in both to

1035
00:47:41,200 --> 00:47:44,040
Speaker 15: Harder and Tohooka three is an excess of a billion dollars.

1036
00:47:44,520 --> 00:47:47,520
Speaker 15: And we've got the replacement for Waitaki well underway. That's

1037
00:47:47,560 --> 00:47:50,680
Speaker 15: another six seven hundred million dollars. We've got the battery

1038
00:47:50,719 --> 00:47:54,400
Speaker 15: at Glenbrook, we're thinking about expanding that even further. And

1039
00:47:54,680 --> 00:47:57,520
Speaker 15: we've got the solar farm down at christ At Airport,

1040
00:47:58,000 --> 00:47:59,920
Speaker 15: which will be New Feiland's biggest, and we're now look

1041
00:48:00,280 --> 00:48:03,800
Speaker 15: at one north of Auckland upper Tallonsville. So we're busy

1042
00:48:04,000 --> 00:48:07,200
Speaker 15: and all that reflects is high quality investment.

1043
00:48:07,280 --> 00:48:10,040
Speaker 2: Yep, but with returns, which is why and Fratilla involved,

1044
00:48:10,040 --> 00:48:11,680
Speaker 2: because they want the business, they want the cash, they

1045
00:48:11,760 --> 00:48:13,799
Speaker 2: want the dividends. I mean, you are making money, there's

1046
00:48:13,840 --> 00:48:15,160
Speaker 2: no hiding from that, and I'm not saying it.

1047
00:48:15,239 --> 00:48:17,560
Speaker 15: Well, no, we are making money. We are not We're

1048
00:48:17,600 --> 00:48:20,520
Speaker 15: not embarrassed by that at all. If you make good investments,

1049
00:48:20,719 --> 00:48:23,000
Speaker 15: then you make good money that we are very proud

1050
00:48:23,000 --> 00:48:23,160
Speaker 15: of that.

1051
00:48:23,520 --> 00:48:27,080
Speaker 2: Explain to it just really simple terms, that the eleven

1052
00:48:27,160 --> 00:48:30,160
Speaker 2: percent plus in the business of inflation, how do you

1053
00:48:30,239 --> 00:48:31,920
Speaker 2: defend that as an industry.

1054
00:48:32,480 --> 00:48:35,880
Speaker 15: That is primarily coming from the lines charges, the lines

1055
00:48:35,920 --> 00:48:38,800
Speaker 15: and transmission charges, which are the regulated part of the

1056
00:48:38,880 --> 00:48:42,440
Speaker 15: power bill, and they are rising. So they rose by

1057
00:48:42,480 --> 00:48:44,919
Speaker 15: about twenty percent last year. I think the average rise

1058
00:48:45,000 --> 00:48:47,839
Speaker 15: of the line's charge is about sixteen percent this year.

1059
00:48:48,360 --> 00:48:53,000
Speaker 15: That's set. Those price raises are in effect the regulated

1060
00:48:53,120 --> 00:48:56,640
Speaker 15: part of the market, and they're set by the Commerce

1061
00:48:56,640 --> 00:49:01,799
Speaker 15: Commission on the basis of interest rates. And fortunately when

1062
00:49:01,800 --> 00:49:04,719
Speaker 15: they were last set, interest rates were at the absolute peak.

1063
00:49:05,960 --> 00:49:11,680
Speaker 2: Okay, do you subscribe generally to the idea that your contribution,

1064
00:49:11,840 --> 00:49:15,080
Speaker 2: the industry's contribution to the inflation overall inflation picture is

1065
00:49:15,160 --> 00:49:18,040
Speaker 2: going to come down substantially going forward.

1066
00:49:19,000 --> 00:49:22,360
Speaker 15: It has, and it already has come down substantially, and

1067
00:49:22,520 --> 00:49:24,680
Speaker 15: it will come down as more and more of this

1068
00:49:24,840 --> 00:49:28,160
Speaker 15: new reviewalable generation comes online and more and more jet

1069
00:49:28,200 --> 00:49:34,680
Speaker 15: fimal comes online, that part of the powerbill will flattened

1070
00:49:34,719 --> 00:49:38,160
Speaker 15: out considerably, and it already has. It's well on line

1071
00:49:38,239 --> 00:49:38,840
Speaker 15: with inflation.

1072
00:49:39,560 --> 00:49:43,120
Speaker 2: Gas is involved but separate. So what I was reading

1073
00:49:43,200 --> 00:49:46,800
Speaker 2: is the gas spot price was fourteen bucks on Friday,

1074
00:49:46,880 --> 00:49:50,360
Speaker 2: you're selling it for forty one, suggesting being something like METHODS,

1075
00:49:50,400 --> 00:49:52,319
Speaker 2: A big player like method X pays six. Are those

1076
00:49:52,360 --> 00:49:53,440
Speaker 2: figures about right?

1077
00:49:55,200 --> 00:49:58,600
Speaker 15: Look, gas prices have gone you have to have gone

1078
00:49:58,680 --> 00:50:00,680
Speaker 15: up substantially. You have to look at the long term

1079
00:50:00,760 --> 00:50:04,600
Speaker 15: price of gas. So when the male reserves crisis hit

1080
00:50:05,239 --> 00:50:07,799
Speaker 15: twenty years ago, it was about four dollars, then rose

1081
00:50:07,840 --> 00:50:08,600
Speaker 15: to eight dollars.

1082
00:50:09,880 --> 00:50:10,319
Speaker 13: As the.

1083
00:50:11,840 --> 00:50:15,000
Speaker 15: As we had the last round of drilling and the

1084
00:50:15,640 --> 00:50:18,239
Speaker 15: all in gas van it has come up. The long

1085
00:50:18,360 --> 00:50:22,960
Speaker 15: term prices come up again, almost doubling to somewhere between

1086
00:50:23,000 --> 00:50:25,400
Speaker 15: the fifteen to twenty dollars range and the wholesale market.

1087
00:50:25,480 --> 00:50:28,160
Speaker 15: Sometimes the spot goes a bit lower. And so all

1088
00:50:28,280 --> 00:50:31,840
Speaker 15: that reflects is the scarcity of gas and a declining

1089
00:50:31,920 --> 00:50:36,000
Speaker 15: gas supply, and that's just a market working.

1090
00:50:36,520 --> 00:50:39,799
Speaker 2: Yeah, I get that, but I understand gas more than

1091
00:50:39,800 --> 00:50:42,160
Speaker 2: I understand power, because you can make more power. There

1092
00:50:42,160 --> 00:50:44,080
Speaker 2: seems to me there's no excuse for not having more

1093
00:50:44,120 --> 00:50:46,120
Speaker 2: power in this country because you can investigate and make it,

1094
00:50:46,160 --> 00:50:48,799
Speaker 2: whereas you can't make gas, especially if you're not looking.

1095
00:50:48,600 --> 00:50:50,080
Speaker 5: For it exactly right.

1096
00:50:50,360 --> 00:50:53,239
Speaker 2: So what I mean what literally happens to gas? You

1097
00:50:53,400 --> 00:50:55,319
Speaker 2: just keep charging more and more and more as there's

1098
00:50:55,400 --> 00:50:58,160
Speaker 2: less and less of it, and people what either convert

1099
00:50:58,320 --> 00:51:00,480
Speaker 2: or stop using it or their business closes.

1100
00:51:01,080 --> 00:51:03,000
Speaker 15: I think the big thing is is Number one, we

1101
00:51:03,120 --> 00:51:05,440
Speaker 15: keep the lights on and we keep houses warm, so

1102
00:51:05,520 --> 00:51:08,040
Speaker 15: we keep supine gas, and we're stepped into that space

1103
00:51:09,120 --> 00:51:13,560
Speaker 15: with both retail and all of government homes, hospitals and schools.

1104
00:51:13,760 --> 00:51:16,000
Speaker 15: Keep the lights on, keep them warm. I think the

1105
00:51:16,080 --> 00:51:20,720
Speaker 15: second point is that large gal industries in particular people

1106
00:51:20,760 --> 00:51:24,799
Speaker 15: who can convert where the time is right, not forcing them,

1107
00:51:24,840 --> 00:51:29,200
Speaker 15: but when the time is right, when the appliances become obsolescent,

1108
00:51:29,600 --> 00:51:34,120
Speaker 15: we encourage the conversion to electricity at that point and industries.

1109
00:51:34,160 --> 00:51:37,960
Speaker 15: We're already actively helping industries convert. We've done that at

1110
00:51:38,040 --> 00:51:42,000
Speaker 15: New Zealand Steel. We're working with Fonterra and other dairy

1111
00:51:42,080 --> 00:51:46,560
Speaker 15: companies to convert. So there is conversion happening. But the

1112
00:51:46,640 --> 00:51:49,120
Speaker 15: important thing is is that it's a wealth caught out

1113
00:51:49,200 --> 00:51:52,080
Speaker 15: and managed transition, and that leaves enough gas for the

1114
00:51:52,160 --> 00:51:55,080
Speaker 15: long term for those really hard to convert users.

1115
00:51:55,560 --> 00:51:59,000
Speaker 2: What's the what's the timeline on the amount of investment

1116
00:51:59,080 --> 00:52:02,279
Speaker 2: for renewables whereby my power bill comes to a level

1117
00:52:02,360 --> 00:52:04,160
Speaker 2: goes down. Do you think it will ever go down?

1118
00:52:04,440 --> 00:52:06,440
Speaker 2: I mean, I'm assuming at some point there's so much

1119
00:52:06,600 --> 00:52:09,600
Speaker 2: generation that either you guys go hang on, we need

1120
00:52:09,640 --> 00:52:11,759
Speaker 2: to stop at this point otherwise going to start losing money,

1121
00:52:11,960 --> 00:52:14,960
Speaker 2: or the price of power actually comes down becomes more affordable.

1122
00:52:15,719 --> 00:52:19,040
Speaker 15: I think renewal energy is one of New Zealand's secret gifts.

1123
00:52:19,320 --> 00:52:23,399
Speaker 15: And as we build more and prices stabilized, maybe come

1124
00:52:23,440 --> 00:52:26,520
Speaker 15: down a little bit, we will become incredibly attractive to

1125
00:52:26,640 --> 00:52:29,600
Speaker 15: overseas companies to invest here on the basis of a

1126
00:52:29,719 --> 00:52:33,320
Speaker 15: fantastic renewal energy source. It's already creating jobs in the

1127
00:52:33,400 --> 00:52:36,600
Speaker 15: construction of these projects. And as we can attract new

1128
00:52:36,840 --> 00:52:39,760
Speaker 15: industry here on the basis of a very plentiful supply,

1129
00:52:40,239 --> 00:52:41,640
Speaker 15: that's a great outcome for New ZEALI.

1130
00:52:41,760 --> 00:52:44,760
Speaker 2: When's that happening, though, that will be happening over.

1131
00:52:44,680 --> 00:52:47,320
Speaker 15: The coming years. We can always already see two or

1132
00:52:47,400 --> 00:52:51,120
Speaker 15: twenty five, five to ten years. I think you will

1133
00:52:51,200 --> 00:52:54,120
Speaker 15: see industries coming here to New Zealand because of our

1134
00:52:54,160 --> 00:52:55,160
Speaker 15: renewable energy supply.

1135
00:52:55,400 --> 00:52:57,400
Speaker 2: And does that include data centers and AI and all

1136
00:52:57,440 --> 00:52:59,799
Speaker 2: that other stuff. I mean, we building capacity at that.

1137
00:53:01,239 --> 00:53:06,000
Speaker 15: It may include data centers. Obviously, a stable, reliable country

1138
00:53:06,120 --> 00:53:09,080
Speaker 15: like New Zealand with a fantastic renewable energy source is

1139
00:53:09,280 --> 00:53:13,359
Speaker 15: very attractive to both sorts of industries. It could well

1140
00:53:13,400 --> 00:53:16,680
Speaker 15: attract other industries as well, so we just keep looking

1141
00:53:16,760 --> 00:53:17,279
Speaker 15: out for those.

1142
00:53:17,520 --> 00:53:19,920
Speaker 2: Okay, the how we are think lake? How we are?

1143
00:53:20,200 --> 00:53:24,200
Speaker 2: You back down a bit on that is that, I mean,

1144
00:53:24,239 --> 00:53:26,800
Speaker 2: how big an issue is nimbiaism? Wherever you go?

1145
00:53:27,600 --> 00:53:31,120
Speaker 15: Oh, look, all we're looking for lake Harware is an

1146
00:53:31,160 --> 00:53:34,200
Speaker 15: increased operating range so that we can run the lake

1147
00:53:34,239 --> 00:53:37,040
Speaker 15: a little bit lower and that allows the wanted to

1148
00:53:37,120 --> 00:53:40,240
Speaker 15: be caught rather than still down the river around November December.

1149
00:53:40,880 --> 00:53:43,600
Speaker 15: And it's an operating range that prior to the Resource

1150
00:53:43,680 --> 00:53:48,279
Speaker 15: Management Act was well established and we're just seeking a

1151
00:53:48,640 --> 00:53:52,640
Speaker 15: little bit more flexibility on that. Look, nimbiasm is always

1152
00:53:52,680 --> 00:53:54,160
Speaker 15: going to be an issue. It's going to be an

1153
00:53:54,200 --> 00:53:56,759
Speaker 15: issue for wind farms, and we just as a nation,

1154
00:53:56,880 --> 00:53:59,239
Speaker 15: we just have to have that discussion. But at the

1155
00:53:59,400 --> 00:54:03,000
Speaker 15: end of the day, it's an opportunity and a little

1156
00:54:03,000 --> 00:54:05,759
Speaker 15: bit of more flexibility on our hyd risk scheme goes

1157
00:54:05,800 --> 00:54:08,480
Speaker 15: a long way. Go back to that first question, your

1158
00:54:08,520 --> 00:54:11,680
Speaker 15: start at to soloving the guest shortage. That flexibility is

1159
00:54:11,840 --> 00:54:13,960
Speaker 15: so valuable to us as a country and we should

1160
00:54:14,040 --> 00:54:16,520
Speaker 15: be grasping hold of the opportunity good stuff.

1161
00:54:16,520 --> 00:54:19,560
Speaker 2: Appreciate your inside as always. Mike Fushu's the chief executive

1162
00:54:19,560 --> 00:54:22,040
Speaker 2: officer at Contact Energy. Think one of the keys there

1163
00:54:22,200 --> 00:54:25,040
Speaker 2: was price is stabilizing. And that's the thing about price.

1164
00:54:25,320 --> 00:54:27,360
Speaker 2: I mean, we're giving you the numbers on construction earlier

1165
00:54:27,400 --> 00:54:30,240
Speaker 2: on this morning. Price is rarely I mean frint vegetables,

1166
00:54:30,280 --> 00:54:32,640
Speaker 2: they do. But apart from that, price has rarely ever

1167
00:54:32,719 --> 00:54:34,320
Speaker 2: come down. So what you're dealing with the best you

1168
00:54:34,360 --> 00:54:35,920
Speaker 2: can hope for. It just doesn't keep going up.

1169
00:54:36,120 --> 00:54:40,759
Speaker 1: Fourteen to two The Vike Asking Breakfast Full Show podcast

1170
00:54:40,960 --> 00:54:43,399
Speaker 1: on Iheard Radio powered by News Talks.

1171
00:54:43,440 --> 00:54:46,600
Speaker 2: It'd be Chris Bisham and the question about the funding

1172
00:54:46,640 --> 00:54:48,600
Speaker 2: and the toll roads toll rids, you can't up but

1173
00:54:48,719 --> 00:54:53,200
Speaker 2: you can upfront the cost. Obviously, in the country that

1174
00:54:53,239 --> 00:54:55,880
Speaker 2: has the sort of debt problems we have, you can't

1175
00:54:55,960 --> 00:54:58,360
Speaker 2: upfront at all because you're talking about teens of not

1176
00:54:58,520 --> 00:55:01,760
Speaker 2: hundreds of billions of dollars and you're talking about years

1177
00:55:01,800 --> 00:55:04,000
Speaker 2: and years and years down the track, and the cost

1178
00:55:04,200 --> 00:55:08,480
Speaker 2: of that funding in the ensuing period would be ruinous. Now, yes,

1179
00:55:08,480 --> 00:55:10,360
Speaker 2: you're right to say that the toll roads will eventually,

1180
00:55:10,400 --> 00:55:12,279
Speaker 2: in some way, shape or form pay it off, but

1181
00:55:12,480 --> 00:55:14,480
Speaker 2: not only it. Only you can only start tolling once

1182
00:55:14,520 --> 00:55:16,719
Speaker 2: the road is open, and once the road is open,

1183
00:55:16,800 --> 00:55:18,960
Speaker 2: you're tolling it a rate that will pay it off slowly,

1184
00:55:19,080 --> 00:55:21,800
Speaker 2: So you can't upfront it. You're talking probably something like

1185
00:55:21,840 --> 00:55:24,480
Speaker 2: a twenty year project if you're going to upfront the

1186
00:55:24,520 --> 00:55:26,359
Speaker 2: whole lot. So that's why you can't do that. Mike

1187
00:55:26,440 --> 00:55:28,239
Speaker 2: does the fact that Liam was doing promotional work. This

1188
00:55:28,400 --> 00:55:31,160
Speaker 2: was Alex Powell and The Herald yesterday, which I thought

1189
00:55:31,239 --> 00:55:33,560
Speaker 2: was quite a nice piece. He was guessing a bit,

1190
00:55:34,400 --> 00:55:36,520
Speaker 2: but there is logic to the guests. So Liam, if

1191
00:55:36,560 --> 00:55:38,600
Speaker 2: you missed it, was doing promotional work for Ford. What's

1192
00:55:38,640 --> 00:55:40,920
Speaker 2: the connection to Ford Ford doing the engines as of

1193
00:55:41,040 --> 00:55:45,040
Speaker 2: next year? Why would you put Ford no pun intended?

1194
00:55:45,080 --> 00:55:47,880
Speaker 2: Why would you put forward a driver who is not

1195
00:55:47,920 --> 00:55:49,400
Speaker 2: going to be there next year with one of your

1196
00:55:49,440 --> 00:55:53,040
Speaker 2: major sponsors. I'd join a few dots on that. I mean,

1197
00:55:53,160 --> 00:55:54,719
Speaker 2: Yuki wasn't doing it, was he? And you know why?

1198
00:55:54,760 --> 00:55:56,399
Speaker 2: He wasn't doing it because he was hondering the great

1199
00:55:56,480 --> 00:55:59,719
Speaker 2: question around Yuki. Is he a Honda driver or is

1200
00:55:59,800 --> 00:56:02,160
Speaker 2: he a red bull driver? And if they see him

1201
00:56:02,160 --> 00:56:03,960
Speaker 2: as a Honda driver, then he's going to be ending

1202
00:56:04,040 --> 00:56:07,640
Speaker 2: up as the first drop at Aston Martin. Mike, what

1203
00:56:07,800 --> 00:56:10,719
Speaker 2: an effing bullshitter? Call him out. We don't have enough

1204
00:56:10,760 --> 00:56:14,160
Speaker 2: well priced power data centers. AI, wake the f up.

1205
00:56:14,520 --> 00:56:17,200
Speaker 2: We're being had yet again. Now that goes back to

1206
00:56:17,280 --> 00:56:20,680
Speaker 2: one of the earlier texts this morning about the attitude

1207
00:56:20,719 --> 00:56:23,960
Speaker 2: of most New Zealanders and too many New Zealanders. And see,

1208
00:56:24,000 --> 00:56:25,920
Speaker 2: I don't know what your cortersol's doing this morning, but

1209
00:56:25,960 --> 00:56:28,080
Speaker 2: it's not good. I mean, it's too early in the

1210
00:56:28,120 --> 00:56:31,200
Speaker 2: morning to be that exercised about a discussion, and that

1211
00:56:31,680 --> 00:56:35,160
Speaker 2: inherently is what's wrong with New Zealand. That level of

1212
00:56:35,480 --> 00:56:38,920
Speaker 2: angst and anger got a call down Buddy. Nine minutes

1213
00:56:38,920 --> 00:56:39,560
Speaker 2: away from eight.

1214
00:56:40,520 --> 00:56:44,440
Speaker 3: The Mike Hosking Breakfast with Bailey's Real Estate News Talks.

1215
00:56:44,400 --> 00:56:47,200
Speaker 2: dB five away from eight. Job adds this morning, interesting

1216
00:56:47,239 --> 00:56:50,520
Speaker 2: seek New Zealand employment report one percent increase in September.

1217
00:56:51,120 --> 00:56:55,080
Speaker 2: That is now four consecutive monthly increases, which means it's

1218
00:56:55,120 --> 00:56:58,280
Speaker 2: six percent up on a year earlier, six percent more jobs.

1219
00:56:58,680 --> 00:57:01,280
Speaker 2: The momentum they're telling me is broad based. Almost every

1220
00:57:01,400 --> 00:57:04,560
Speaker 2: industry is seeing an increase in demand. Construction good, they're up.

1221
00:57:04,960 --> 00:57:08,520
Speaker 2: In fact, not only is construction and professional services that

1222
00:57:08,719 --> 00:57:10,920
Speaker 2: is where the growth is. They're accelerating recently. What are

1223
00:57:10,960 --> 00:57:15,080
Speaker 2: professional services? I mean is that hair dressing and things

1224
00:57:15,200 --> 00:57:17,760
Speaker 2: like it? Nineteen percent up in the Manuwatu, so that'll

1225
00:57:17,800 --> 00:57:20,000
Speaker 2: be a noisy month. I don't know, something random would

1226
00:57:20,000 --> 00:57:21,880
Speaker 2: have happened there, a gym's mowing service would have opened

1227
00:57:21,960 --> 00:57:24,200
Speaker 2: or something. I don't know. Nineteen percent up in Manuwatu,

1228
00:57:24,280 --> 00:57:28,080
Speaker 2: that's an extraordinary number. Seventeen percent up in Auckland. Why

1229
00:57:28,160 --> 00:57:30,160
Speaker 2: Katto at sixteen percent? So you'll take all of that

1230
00:57:30,520 --> 00:57:33,320
Speaker 2: as usual. The South island's outperforming the North. Oh my god,

1231
00:57:34,440 --> 00:57:38,280
Speaker 2: one roof yesterday. House for sale in Ashburton and that

1232
00:57:38,440 --> 00:57:40,280
Speaker 2: was a big ask for k I said Katie, let's

1233
00:57:40,320 --> 00:57:43,080
Speaker 2: go to Ashburton. Didn't go down well obviously, But there's

1234
00:57:43,120 --> 00:57:45,480
Speaker 2: a house in Ashburton apps. It's got a name. I

1235
00:57:45,560 --> 00:57:47,040
Speaker 2: can't remember the name. I think it starts with a

1236
00:57:47,080 --> 00:57:49,520
Speaker 2: pea like Pembroke or something of all those old houses

1237
00:57:49,560 --> 00:57:55,320
Speaker 2: are named Poser House post four hectares a beautiful flat

1238
00:57:55,560 --> 00:57:56,440
Speaker 2: South Canterbury Land.

1239
00:57:56,520 --> 00:57:56,920
Speaker 13: Yeah, that's what.

1240
00:57:57,720 --> 00:58:01,360
Speaker 2: And just this snook room, like a whole room for

1241
00:58:01,400 --> 00:58:03,720
Speaker 2: a snooker table, not not just oh where's the snooker

1242
00:58:03,800 --> 00:58:06,560
Speaker 2: table game? But a whole room billiards room of course

1243
00:58:06,640 --> 00:58:10,360
Speaker 2: what they used to call it. Wooden staircase, wooden paneling

1244
00:58:10,440 --> 00:58:12,120
Speaker 2: on the walls. Oh my god.

1245
00:58:13,360 --> 00:58:15,080
Speaker 13: And sounds like a fire has it? Just as well

1246
00:58:15,280 --> 00:58:17,400
Speaker 13: they're not worried about whether the things are earthquake proof

1247
00:58:17,480 --> 00:58:17,880
Speaker 13: these days?

1248
00:58:17,960 --> 00:58:21,440
Speaker 2: Where was I Canterbury and Otago seventeen percent up on

1249
00:58:21,480 --> 00:58:21,880
Speaker 2: the jobs.

1250
00:58:22,000 --> 00:58:27,680
Speaker 13: So professional services, it's more like your your legal advice.

1251
00:58:27,880 --> 00:58:31,960
Speaker 13: Oh there were they calling your marketing, your consultants, your

1252
00:58:32,000 --> 00:58:35,600
Speaker 13: project managers. It's intangible. Apparently you're professionals.

1253
00:58:35,680 --> 00:58:38,520
Speaker 2: No kidding, I'm in professionals.

1254
00:58:38,600 --> 00:58:41,800
Speaker 13: Yeah, what do you do? Oh, it's kind of intangible,

1255
00:58:42,040 --> 00:58:43,200
Speaker 13: sort of like import export.

1256
00:58:43,360 --> 00:58:45,200
Speaker 2: It's a bit of that. By the way. The other

1257
00:58:45,400 --> 00:58:48,200
Speaker 2: the random survey that I saw yesterday, we're going to

1258
00:58:48,200 --> 00:58:50,920
Speaker 2: spend lessless Christmas? Do we say that every Christmas? Is

1259
00:58:50,960 --> 00:58:53,240
Speaker 2: that part of the nation's misery at the moment where

1260
00:58:53,280 --> 00:58:55,400
Speaker 2: the only country in the world goes, Oh, Christmas time,

1261
00:58:55,480 --> 00:58:58,880
Speaker 2: I'm going to spend less. You're looking forward to Christmas?

1262
00:58:58,960 --> 00:59:01,160
Speaker 2: No hate Christmas? What about Christmas? You're going to buy

1263
00:59:01,160 --> 00:59:04,280
Speaker 2: some prisons presents. Hate prisons presents are awful. Ifing presents,

1264
00:59:04,720 --> 00:59:05,439
Speaker 2: we're being had.

1265
00:59:05,760 --> 00:59:08,200
Speaker 13: You should hear Marcus talking about Halloween. He's not a

1266
00:59:08,280 --> 00:59:08,640
Speaker 13: fan of that.

1267
00:59:09,760 --> 00:59:12,720
Speaker 2: Yeah, but that's different again, isn't it. That's just plastic bollocks.

1268
00:59:12,760 --> 00:59:13,200
Speaker 2: I'm not him.

1269
00:59:13,200 --> 00:59:14,200
Speaker 13: That's exactly what he said.

1270
00:59:14,280 --> 00:59:17,320
Speaker 2: Exactly. I mean agent stage, I mean plastic bollock.

1271
00:59:17,400 --> 00:59:17,680
Speaker 20: He said it.

1272
00:59:17,800 --> 00:59:19,800
Speaker 13: He described it as the diabetes of the future.

1273
00:59:19,840 --> 00:59:22,640
Speaker 2: At one point, opiate to the masses. Yeah, actually I

1274
00:59:22,720 --> 00:59:24,240
Speaker 2: can do late knights. Why can't you put me on

1275
00:59:24,360 --> 00:59:26,960
Speaker 2: late nights? Anyway, let me come back to the numbers

1276
00:59:27,000 --> 00:59:30,240
Speaker 2: on what we're not spending at Christmas time. Introduce you

1277
00:59:30,360 --> 00:59:32,800
Speaker 2: to Ellen Tudic in just a couple of moments. He's

1278
00:59:32,800 --> 00:59:35,120
Speaker 2: here this weekend for the big Armageddon thing, but he's

1279
00:59:35,160 --> 00:59:37,280
Speaker 2: one of Disney's biggest operators.

1280
00:59:37,360 --> 00:59:42,320
Speaker 1: More shortly asking the questions others won't the mic, asking

1281
00:59:42,360 --> 00:59:45,520
Speaker 1: breakfast with Bailey's real estate, finding the buyers.

1282
00:59:45,720 --> 00:59:47,440
Speaker 3: Others can't use Tog's head beat.

1283
00:59:49,400 --> 00:59:51,880
Speaker 2: Big body work over the last thirty years, twenty eight days,

1284
00:59:51,920 --> 00:59:55,480
Speaker 2: a Night's Tale, Firefly, dot Fall, Death at the Funeral. Lately,

1285
00:59:55,840 --> 00:59:59,160
Speaker 2: he's the star of Resident Alien, been part of the

1286
00:59:59,200 --> 01:00:02,360
Speaker 2: Star Wars universe voice work. He's done pretty much every

1287
01:00:02,640 --> 01:00:06,960
Speaker 2: Disney animation film going anyway. Elentudi's hitting here for the

1288
01:00:07,080 --> 01:00:09,520
Speaker 2: armageddin Next Bow, which is this coming weekend, this long weekend.

1289
01:00:09,600 --> 01:00:13,120
Speaker 2: It is with us from from Kenda from Vancouver. Elentutic morning,

1290
01:00:13,320 --> 01:00:15,720
Speaker 2: good morning. Tell you what, Ellen. I got an insight

1291
01:00:15,760 --> 01:00:18,040
Speaker 2: into how this works. A guy's running this armageddon right,

1292
01:00:18,640 --> 01:00:20,720
Speaker 2: He says, you're the man. When people buying tickets at

1293
01:00:20,720 --> 01:00:22,520
Speaker 2: the moment, they say, I got to meet Ellen. Ellen's

1294
01:00:22,520 --> 01:00:24,880
Speaker 2: the greatest. I can't wait to meet Helen. What's the

1295
01:00:25,000 --> 01:00:25,480
Speaker 2: magic here?

1296
01:00:25,520 --> 01:00:25,560
Speaker 19: What?

1297
01:00:25,960 --> 01:00:26,680
Speaker 2: What do you got going?

1298
01:00:28,720 --> 01:00:31,720
Speaker 14: You know, I've got answers. I've got answers to whatever

1299
01:00:31,840 --> 01:00:35,920
Speaker 14: their questions are. You know, usually it's simple stuff.

1300
01:00:36,200 --> 01:00:41,680
Speaker 20: How do you do it? Well?

1301
01:00:41,720 --> 01:00:44,200
Speaker 14: If they're young, if they're kids. You know, I've done

1302
01:00:44,200 --> 01:00:48,880
Speaker 14: a lot of voices for animation, and so I can

1303
01:00:48,960 --> 01:00:52,120
Speaker 14: do the voices for them. And so for kids who

1304
01:00:52,360 --> 01:00:55,360
Speaker 14: like King Candy, I can do King Candy for them

1305
01:00:55,400 --> 01:00:57,880
Speaker 14: and they can see that it's coming out of this

1306
01:00:58,040 --> 01:01:00,640
Speaker 14: weird person and not the little man that they're used

1307
01:01:00,640 --> 01:01:03,439
Speaker 14: to in the and in the movies, or the Duke

1308
01:01:03,440 --> 01:01:05,680
Speaker 14: of Wastleton or even the chicken.

1309
01:01:05,800 --> 01:01:08,120
Speaker 3: Hey hey, I do him.

1310
01:01:08,240 --> 01:01:12,320
Speaker 14: And those are always the best. When they're the kids.

1311
01:01:12,360 --> 01:01:14,240
Speaker 14: You get to see it, the light in their eyes

1312
01:01:14,600 --> 01:01:17,280
Speaker 14: as they recognize their friends from the movies.

1313
01:01:17,680 --> 01:01:19,040
Speaker 2: How many of these do you do? I mean, is

1314
01:01:19,080 --> 01:01:21,040
Speaker 2: this a global thing. There's a group of you guys

1315
01:01:21,080 --> 01:01:23,000
Speaker 2: who sort of, you know, wonder the world. And I'm

1316
01:01:23,040 --> 01:01:25,760
Speaker 2: a gidding yourself, silly, Yes.

1317
01:01:26,680 --> 01:01:27,920
Speaker 3: I do a lot of them.

1318
01:01:27,960 --> 01:01:33,960
Speaker 14: I do about probably ten a year, which is plenty

1319
01:01:34,200 --> 01:01:37,440
Speaker 14: is enough, because they really it's like you're hosting a

1320
01:01:37,560 --> 01:01:40,080
Speaker 14: party for a bunch of people you've never met. They

1321
01:01:40,160 --> 01:01:42,040
Speaker 14: come up and you say, hey, Hi, how are you.

1322
01:01:42,080 --> 01:01:44,400
Speaker 14: I'm so glad you're here. I'm glad to meet you,

1323
01:01:44,560 --> 01:01:48,280
Speaker 14: and then you have a quick conversation, and then there's

1324
01:01:48,320 --> 01:01:50,880
Speaker 14: someone else right behind them, Hey, hi, nice to meet you.

1325
01:01:50,920 --> 01:01:54,760
Speaker 14: I'm so glad you made it, and it just like

1326
01:01:54,880 --> 01:01:58,479
Speaker 14: after a party, there's a certain it takes a little

1327
01:01:58,480 --> 01:02:01,520
Speaker 14: bit to sort of see through all of your experiences

1328
01:02:01,560 --> 01:02:06,160
Speaker 14: and figure out what just happened. So ten is Ten's

1329
01:02:06,200 --> 01:02:06,600
Speaker 14: a lot.

1330
01:02:06,880 --> 01:02:09,600
Speaker 2: I'm thinking you've got to have like a natural disposition

1331
01:02:09,880 --> 01:02:11,600
Speaker 2: in the sense that it's great to have achieved the

1332
01:02:11,640 --> 01:02:13,640
Speaker 2: sort of success and fame you have, and it's nice

1333
01:02:13,640 --> 01:02:15,000
Speaker 2: to be able to, you know, meet some of the

1334
01:02:15,040 --> 01:02:17,680
Speaker 2: people who have helped you get there. But I also

1335
01:02:17,800 --> 01:02:19,960
Speaker 2: know there's a lot of people inside a place like Hollywood.

1336
01:02:20,120 --> 01:02:22,520
Speaker 2: You know, I really don't like the public or anyone

1337
01:02:22,640 --> 01:02:25,360
Speaker 2: normal and they probably wouldn't be all that good at

1338
01:02:25,360 --> 01:02:25,920
Speaker 2: a show like this.

1339
01:02:26,280 --> 01:02:31,120
Speaker 14: Yeah, it requires a certain interest in your audience. I

1340
01:02:31,200 --> 01:02:35,600
Speaker 14: guess it's the best thing. Like it's the only formalized

1341
01:02:35,800 --> 01:02:38,960
Speaker 14: way to meet your meet people who've seen your work,

1342
01:02:39,080 --> 01:02:43,200
Speaker 14: and it's I would encourage those if they're you know,

1343
01:02:43,440 --> 01:02:45,320
Speaker 14: if any one of those people are out there and

1344
01:02:45,400 --> 01:02:49,200
Speaker 14: hearing this right now, you should do it because when

1345
01:02:49,240 --> 01:02:52,080
Speaker 14: you're on stage, which is great, you can hear the

1346
01:02:52,160 --> 01:02:54,360
Speaker 14: immediate feedback and you have an opportunity to look out

1347
01:02:54,400 --> 01:02:57,400
Speaker 14: and see the people and it's a shared experience. But

1348
01:02:57,920 --> 01:03:02,880
Speaker 14: with movies and television, it happened in everybody's own time.

1349
01:03:03,400 --> 01:03:07,120
Speaker 14: So I've met people and they've told me about profound

1350
01:03:07,240 --> 01:03:11,240
Speaker 14: experiences they've had with their family connections to characters or

1351
01:03:11,400 --> 01:03:13,280
Speaker 14: projects that I was a part of and I would

1352
01:03:13,320 --> 01:03:15,080
Speaker 14: never have known it had I not done these cons

1353
01:03:15,200 --> 01:03:22,000
Speaker 14: and it it really it's not an easy business, and

1354
01:03:22,120 --> 01:03:23,360
Speaker 14: it makes it all worthwhile.

1355
01:03:24,000 --> 01:03:26,040
Speaker 2: See. I don't know whether this is one of these

1356
01:03:26,240 --> 01:03:28,480
Speaker 2: chicken or egg things, but I see, I look at you,

1357
01:03:29,080 --> 01:03:30,800
Speaker 2: and I listened to you, and you seem to me

1358
01:03:31,000 --> 01:03:33,000
Speaker 2: like a going who does voices. You know what I'm saying,

1359
01:03:33,000 --> 01:03:34,920
Speaker 2: You know, like I just count work out what this is.

1360
01:03:35,000 --> 01:03:38,600
Speaker 2: You got one of those expressive faces, and if I

1361
01:03:38,680 --> 01:03:40,320
Speaker 2: meet you, I'd go, I reckon, you can probably do

1362
01:03:40,440 --> 01:03:42,720
Speaker 2: some cool voices, and as it turns out, you can't.

1363
01:03:42,760 --> 01:03:43,680
Speaker 2: How did all that stuff?

1364
01:03:43,920 --> 01:03:45,880
Speaker 14: I did a play in New York where I played

1365
01:03:46,000 --> 01:03:49,040
Speaker 14: twenty characters in the play and since I had so

1366
01:03:49,200 --> 01:03:52,600
Speaker 14: many to play, they all a lot of a lot

1367
01:03:52,640 --> 01:03:56,600
Speaker 14: of times I would affect a voice for different people. Well,

1368
01:03:56,720 --> 01:03:59,440
Speaker 14: my little woman who's very upset, and she came on

1369
01:03:59,560 --> 01:04:03,160
Speaker 14: for one need it out because the boyfriend just left

1370
01:04:03,200 --> 01:04:06,320
Speaker 14: her and her name was big Bone Judy. And then

1371
01:04:06,360 --> 01:04:08,520
Speaker 14: I have to run and quickly changed my clothes. And

1372
01:04:08,640 --> 01:04:12,400
Speaker 14: I was this guy from Chicago who worked at camera

1373
01:04:13,040 --> 01:04:16,400
Speaker 14: and he had no thumbs because of a lath accident.

1374
01:04:17,000 --> 01:04:19,280
Speaker 14: And also the sigh and you pull out an eye

1375
01:04:19,640 --> 01:04:22,760
Speaker 14: and then it would just there was a French white hair.

1376
01:04:22,960 --> 01:04:26,560
Speaker 14: So early on that was the first play I ever

1377
01:04:26,640 --> 01:04:29,200
Speaker 14: did in New York. I was being asked to do

1378
01:04:29,320 --> 01:04:32,360
Speaker 14: these kinds of things, and everything just sort of led

1379
01:04:32,400 --> 01:04:32,720
Speaker 14: from there.

1380
01:04:33,160 --> 01:04:35,840
Speaker 2: Science or gift when it comes to voices.

1381
01:04:36,720 --> 01:04:39,040
Speaker 14: A little bit of both, a little bit of both,

1382
01:04:39,040 --> 01:04:40,920
Speaker 14: because I went to drama school and they taught me

1383
01:04:41,000 --> 01:04:45,040
Speaker 14: how to how sounds are made, you know, just phonetics,

1384
01:04:45,120 --> 01:04:49,880
Speaker 14: the basic science of phonetics, where he the sound A

1385
01:04:50,280 --> 01:04:53,840
Speaker 14: is a combination of eh and e, which does not

1386
01:04:54,040 --> 01:04:55,800
Speaker 14: make sense, but if you break it down, you go

1387
01:04:56,880 --> 01:05:00,840
Speaker 14: a A, it ends up happening. So you start to

1388
01:05:00,840 --> 01:05:03,840
Speaker 14: pull sounds apart like that, and then it makes accents

1389
01:05:03,840 --> 01:05:07,760
Speaker 14: easier and that's where you'll get the basic.

1390
01:05:08,960 --> 01:05:09,320
Speaker 3: Accent.

1391
01:05:09,440 --> 01:05:11,680
Speaker 14: But then you have to fill it with whatever character

1392
01:05:11,800 --> 01:05:16,000
Speaker 14: is in there. So that becomes about some some talents and.

1393
01:05:16,040 --> 01:05:18,960
Speaker 2: Of thy individual skills, you know, in terms of accent.

1394
01:05:19,040 --> 01:05:21,160
Speaker 2: You just did that Chicago one. So is that a

1395
01:05:21,280 --> 01:05:24,640
Speaker 2: skill which is separate from the chicken, which is separate

1396
01:05:24,680 --> 01:05:26,480
Speaker 2: to an impersonation of somebody? Yeah?

1397
01:05:26,480 --> 01:05:31,080
Speaker 14: Impersonations, I'm not great at uh. You know, sometimes you'll guild.

1398
01:05:32,280 --> 01:05:32,920
Speaker 2: You can do one.

1399
01:05:33,040 --> 01:05:34,880
Speaker 14: It just sort of happened upon you. You meet somebody

1400
01:05:34,920 --> 01:05:35,280
Speaker 14: and you're like.

1401
01:05:35,520 --> 01:05:36,600
Speaker 3: Oh, I can do that voice.

1402
01:05:38,200 --> 01:05:40,080
Speaker 14: I did a play, I did Spam a lot with

1403
01:05:40,400 --> 01:05:44,280
Speaker 14: and Mike Nichols was around, and you talked like this.

1404
01:05:44,760 --> 01:05:46,920
Speaker 14: At that time in his life, he had this voice

1405
01:05:46,920 --> 01:05:48,960
Speaker 14: and it was very it was a very distinct voice.

1406
01:05:49,720 --> 01:05:52,320
Speaker 14: And I could go on the on the what they

1407
01:05:52,360 --> 01:05:55,120
Speaker 14: call the god mic, and that went into all of

1408
01:05:55,160 --> 01:05:57,080
Speaker 14: the dressing rooms and say hello everyone, it's Mike.

1409
01:05:57,560 --> 01:05:59,240
Speaker 2: I'll be here tonight and I'm going to.

1410
01:05:59,240 --> 01:06:03,080
Speaker 14: Be watching and I could, I could tell them whatever,

1411
01:06:03,200 --> 01:06:04,680
Speaker 14: and they bought it. It was fun.

1412
01:06:05,080 --> 01:06:05,680
Speaker 16: It was great.

1413
01:06:06,120 --> 01:06:11,480
Speaker 14: So sometimes you can luck into an impression. But and

1414
01:06:11,600 --> 01:06:14,520
Speaker 14: a chicken gosh, is that an impression? I don't know.

1415
01:06:16,200 --> 01:06:18,240
Speaker 3: That's just I don't know a lot of hope.

1416
01:06:18,400 --> 01:06:20,320
Speaker 2: Ellen, hold on the We'll come back in a moment,

1417
01:06:20,360 --> 01:06:23,760
Speaker 2: dcre for Armageddon. Armageddon is this coming week in. Ellen

1418
01:06:23,840 --> 01:06:25,640
Speaker 2: Tudic is with us thirteen past.

1419
01:06:26,320 --> 01:06:30,720
Speaker 1: The Mic Hosking Breakfast Full Show podcast on iHeartRadio, cow

1420
01:06:30,800 --> 01:06:31,680
Speaker 1: it by News Talks.

1421
01:06:31,720 --> 01:06:35,120
Speaker 2: It be News Talks. It'll be sixteen past Ellen Tudic

1422
01:06:35,160 --> 01:06:37,840
Speaker 2: here for the Armageddon Show this coming weekend. UH so

1423
01:06:37,920 --> 01:06:42,200
Speaker 2: the voice work particularly, I'm fascinated him because animation, creativity,

1424
01:06:42,240 --> 01:06:45,000
Speaker 2: all of the evolution of this particular industry and how

1425
01:06:45,040 --> 01:06:47,400
Speaker 2: that works. I mean, it is such a major deal

1426
01:06:47,480 --> 01:06:48,240
Speaker 2: these days, isn't it.

1427
01:06:48,920 --> 01:06:52,680
Speaker 14: Well, oh, absolutely. It used to just be Disney. I mean,

1428
01:06:52,760 --> 01:06:55,960
Speaker 14: well mostly Disney. You know, they were the they were

1429
01:06:56,000 --> 01:06:58,560
Speaker 14: the big, the big kid on the block. You have

1430
01:06:58,680 --> 01:07:02,360
Speaker 14: Disney and Pixar, which are Disney, but they are different people.

1431
01:07:02,440 --> 01:07:06,120
Speaker 14: I always do Disney movies, Disney animation, and.

1432
01:07:08,080 --> 01:07:09,120
Speaker 3: I lucked out for me.

1433
01:07:09,360 --> 01:07:12,680
Speaker 14: My evolution in doing voiceovers was through Disney. I did

1434
01:07:12,800 --> 01:07:15,760
Speaker 14: King Candy and they said, we love that. Can you

1435
01:07:15,840 --> 01:07:18,240
Speaker 14: come do this movie we have called Frozen? And it

1436
01:07:18,440 --> 01:07:20,720
Speaker 14: became the Duke of we Wastleton. Then after that they

1437
01:07:20,800 --> 01:07:24,720
Speaker 14: did a big Hero six and there was this sort

1438
01:07:24,760 --> 01:07:27,760
Speaker 14: of the he seemed like the evil guy of Alistair

1439
01:07:27,880 --> 01:07:30,960
Speaker 14: Cray and he was just he was a businessman. And

1440
01:07:32,000 --> 01:07:34,720
Speaker 14: then after that it was I think Zutopia and I

1441
01:07:34,960 --> 01:07:40,240
Speaker 14: was a little weasel. So I've evolved. They just keep

1442
01:07:40,320 --> 01:07:41,520
Speaker 14: asking me to do things and I have to come

1443
01:07:41,600 --> 01:07:43,800
Speaker 14: up with a new voice, a new character, new voice.

1444
01:07:45,080 --> 01:07:47,840
Speaker 14: But as far as how animation has progressed over the

1445
01:07:47,920 --> 01:07:57,439
Speaker 14: last fifteen fifteen years really has been more studios, more

1446
01:07:57,560 --> 01:08:00,720
Speaker 14: influence coming from around the globe. I don't know if

1447
01:08:00,760 --> 01:08:04,960
Speaker 14: you saw Blue Eyed Samurai that was on Netflix over here,

1448
01:08:05,120 --> 01:08:08,520
Speaker 14: it was fantastic and just different types of animation and and.

1449
01:08:10,080 --> 01:08:11,320
Speaker 3: So there's I love it.

1450
01:08:11,400 --> 01:08:12,920
Speaker 14: There's just more and more and more and more. It's

1451
01:08:13,080 --> 01:08:17,320
Speaker 14: it's cheaper for people to make on certain levels. They

1452
01:08:17,360 --> 01:08:20,439
Speaker 14: don't have to pay actors as much, so and there's

1453
01:08:20,920 --> 01:08:24,280
Speaker 14: I think less risk. So people production companies are willing

1454
01:08:24,320 --> 01:08:26,080
Speaker 14: to do a lot of animation, and so there's a

1455
01:08:26,120 --> 01:08:26,640
Speaker 14: lot out there.

1456
01:08:26,760 --> 01:08:28,920
Speaker 2: You sort of answered it. But do they hire you

1457
01:08:29,240 --> 01:08:32,040
Speaker 2: with a character, a voice, something specific in mind, or

1458
01:08:32,120 --> 01:08:34,000
Speaker 2: do they go, look, you got a track record, so

1459
01:08:34,840 --> 01:08:36,040
Speaker 2: you do with it what you will.

1460
01:08:36,960 --> 01:08:40,439
Speaker 14: It can be either one. If they trust me, if

1461
01:08:40,479 --> 01:08:42,640
Speaker 14: they just have an inherent trust in me, they'll call

1462
01:08:42,760 --> 01:08:44,519
Speaker 14: me and say we want to hire you to do

1463
01:08:44,640 --> 01:08:46,400
Speaker 14: this role. And then I come in and we play

1464
01:08:46,439 --> 01:08:55,160
Speaker 14: around and find find a voice, or I have just

1465
01:08:55,240 --> 01:08:56,040
Speaker 14: gone in and.

1466
01:08:58,520 --> 01:08:59,200
Speaker 3: Yeah there was one.

1467
01:09:01,439 --> 01:09:07,400
Speaker 14: I got a weird request to be Tesla's voice. You

1468
01:09:07,520 --> 01:09:13,120
Speaker 14: had to do the Tesla robot and I didn't sign

1469
01:09:13,160 --> 01:09:15,160
Speaker 14: an nda, so I don't have to. I can still

1470
01:09:15,200 --> 01:09:17,240
Speaker 14: say it, but they were like, would Alan come in

1471
01:09:17,400 --> 01:09:19,160
Speaker 14: and so that would have been an audition. So that

1472
01:09:19,200 --> 01:09:20,720
Speaker 14: would have been the first step of me saying yes,

1473
01:09:20,800 --> 01:09:22,760
Speaker 14: I would be interested in this, and then my guess

1474
01:09:22,840 --> 01:09:25,120
Speaker 14: is they would have paid me to come work with

1475
01:09:25,280 --> 01:09:28,040
Speaker 14: them and try to find a voice. And then my

1476
01:09:28,160 --> 01:09:30,040
Speaker 14: guess the next step would be them saying no, we

1477
01:09:30,080 --> 01:09:31,599
Speaker 14: don't want you and then ripping me off.

1478
01:09:31,720 --> 01:09:33,599
Speaker 3: Anyway, that was how I saw it going.

1479
01:09:34,240 --> 01:09:36,559
Speaker 14: Uh, my guess is now they're just going to skip

1480
01:09:36,680 --> 01:09:38,600
Speaker 14: that middle part, just rip me off as much as

1481
01:09:38,640 --> 01:09:41,000
Speaker 14: they want. They can scrape my voice from eye robot

1482
01:09:41,080 --> 01:09:41,439
Speaker 14: or whatever.

1483
01:09:41,760 --> 01:09:43,960
Speaker 2: Well, see hold on, hold on, hold on that. I mean,

1484
01:09:44,000 --> 01:09:45,880
Speaker 2: that's question you got to ask in these interviews, isn't

1485
01:09:45,920 --> 01:09:48,519
Speaker 2: the II question? And whether that bold as you war

1486
01:09:48,600 --> 01:09:50,120
Speaker 2: as you you sick and guess that what do you think?

1487
01:09:51,160 --> 01:09:54,880
Speaker 14: I'm I'm an artist, and I guess I don't. I

1488
01:09:55,200 --> 01:10:00,200
Speaker 14: have a lot of faith in artists and that we

1489
01:10:00,320 --> 01:10:03,599
Speaker 14: can do things that AI can't. People who know AI say,

1490
01:10:03,640 --> 01:10:05,000
Speaker 14: oh no, no, they'll be able to do it. So

1491
01:10:06,320 --> 01:10:10,559
Speaker 14: I'll see my voice since I do so many different voices.

1492
01:10:11,880 --> 01:10:14,160
Speaker 14: When people don't, people don't say we want an Allen

1493
01:10:14,240 --> 01:10:17,000
Speaker 14: two to style voice like they would with Morgan Freeman.

1494
01:10:17,520 --> 01:10:19,760
Speaker 14: You know, Morgan Freeman will have that problem because they

1495
01:10:19,800 --> 01:10:24,080
Speaker 14: can just copy it and it's not I've heard some

1496
01:10:24,240 --> 01:10:26,840
Speaker 14: of these AI voices and you know we've all heard

1497
01:10:26,880 --> 01:10:31,320
Speaker 14: them now they're everywhere. They don't sound right yet, but

1498
01:10:31,439 --> 01:10:35,920
Speaker 14: I'm sure they can get close enough for a commercial.

1499
01:10:36,400 --> 01:10:41,080
Speaker 14: You know, something that doesn't require emotion. If it's just listen,

1500
01:10:41,160 --> 01:10:45,920
Speaker 14: you should drive a Honda almost whatever. Ay, this is

1501
01:10:46,000 --> 01:10:47,640
Speaker 14: Morgan Friedman, which I cannot do.

1502
01:10:49,360 --> 01:10:49,880
Speaker 3: I can't do it.

1503
01:10:50,120 --> 01:10:50,600
Speaker 2: This is what's it?

1504
01:10:50,600 --> 01:10:51,080
Speaker 7: All right?

1505
01:10:51,120 --> 01:10:53,240
Speaker 2: Listen, you have a good time in Vancouver there and

1506
01:10:53,600 --> 01:10:55,160
Speaker 2: we'll look forward to seeing you in the country and

1507
01:10:55,400 --> 01:10:58,280
Speaker 2: may becoming ceased when you hear all right, I look

1508
01:10:58,360 --> 01:11:01,280
Speaker 2: forward to it. Vancouver this morning and here for this

1509
01:11:01,439 --> 01:11:04,000
Speaker 2: weekend's arm again morning. Mike Allen was really funny in

1510
01:11:04,040 --> 01:11:06,360
Speaker 2: A Night's Tale and as the private Guyan Dodgeball. Yes,

1511
01:11:06,439 --> 01:11:08,120
Speaker 2: he've done a lot of good work. Eight twenty one,

1512
01:11:09,200 --> 01:11:09,879
Speaker 2: The mic.

1513
01:11:09,760 --> 01:11:14,720
Speaker 1: Hosking Breakfast with a Veda Retirement Communities News togsa'd be back.

1514
01:11:14,760 --> 01:11:18,519
Speaker 2: In nineteen forty seven, Defender built something different. Defender built

1515
01:11:18,520 --> 01:11:21,880
Speaker 2: a vehicle that wasn't about luxury. It was also about possibility.

1516
01:11:21,960 --> 01:11:23,680
Speaker 2: So this was a machine that could go where the

1517
01:11:23,720 --> 01:11:27,160
Speaker 2: others stopped. That's the Defender, seven decades on, still owns

1518
01:11:27,200 --> 01:11:28,759
Speaker 2: the space and we love it here in New Zealand.

1519
01:11:28,800 --> 01:11:30,320
Speaker 2: Of course, you know what we're talking about. We're talking

1520
01:11:30,320 --> 01:11:32,320
Speaker 2: about those gravel roads in the beaches, a little bit

1521
01:11:32,360 --> 01:11:34,120
Speaker 2: of snow, maybe we can run to the batchel of

1522
01:11:34,160 --> 01:11:37,200
Speaker 2: that sort of thing. Most vehicles struggle, a defender doesn't.

1523
01:11:37,200 --> 01:11:40,080
Speaker 2: It thrives on them. A remote terrain, harsh conditions, become

1524
01:11:40,120 --> 01:11:43,679
Speaker 2: the playground, tackles the journeys most people wouldn't even try today.

1525
01:11:43,680 --> 01:11:45,559
Speaker 2: It's smarter as well, smarter than ever. In fact, it's

1526
01:11:45,600 --> 01:11:48,360
Speaker 2: got the terrain response that's brilliant, that adjusts everything basically

1527
01:11:48,479 --> 01:11:51,640
Speaker 2: for you. Safety tech keeps you sort of hybrid efficiency

1528
01:11:51,680 --> 01:11:54,240
Speaker 2: these days, so you get that capability without the compromise.

1529
01:11:54,439 --> 01:11:56,880
Speaker 2: And here's the kicker. A defender isn't just about the muscle.

1530
01:11:56,920 --> 01:11:59,240
Speaker 2: It's about purpose because all over the world and you'll

1531
01:11:59,240 --> 01:12:02,080
Speaker 2: see the Defender of it backs conservation projects and sport

1532
01:12:02,160 --> 01:12:05,519
Speaker 2: and communities. It stands for something bigger. So this isn't

1533
01:12:05,560 --> 01:12:08,640
Speaker 2: just a vehicle. It's heritage, it's prestige, it's belonging to

1534
01:12:08,720 --> 01:12:11,880
Speaker 2: something bigger than yourself. That's the defender. And if you

1535
01:12:11,920 --> 01:12:13,320
Speaker 2: want to get an eye full of a defender and

1536
01:12:13,320 --> 01:12:15,719
Speaker 2: get behind the wheel of one, visit your local defender

1537
01:12:16,000 --> 01:12:21,920
Speaker 2: retailer today. Hosking A twenty five. So back to the

1538
01:12:22,000 --> 01:12:25,280
Speaker 2: Christmas So, first of all, we allegedly are going to

1539
01:12:25,320 --> 01:12:27,880
Speaker 2: be shopping early, which makes sense. First of all, we're

1540
01:12:27,920 --> 01:12:31,280
Speaker 2: planning to spend less, which isn't true. We feel the

1541
01:12:31,400 --> 01:12:34,760
Speaker 2: pressure about the holiday expenses. I think that is true, although.

1542
01:12:34,640 --> 01:12:36,519
Speaker 13: I think you can plan to spend less and then

1543
01:12:36,600 --> 01:12:37,080
Speaker 13: fail at.

1544
01:12:37,040 --> 01:12:38,880
Speaker 2: That one hundred percent. That's exactly what I'm saying. We

1545
01:12:38,960 --> 01:12:41,000
Speaker 2: all plan to spend less. We all, we're all looking

1546
01:12:41,080 --> 01:12:42,759
Speaker 2: to go for a bargain and all that sort of stuff,

1547
01:12:42,760 --> 01:12:44,479
Speaker 2: and then we go, oh, what the hell, and some

1548
01:12:44,600 --> 01:12:46,280
Speaker 2: of us are disorganized and then spend more than we

1549
01:12:46,320 --> 01:12:48,240
Speaker 2: thought we were. So anyway, sixty four percent of us

1550
01:12:48,280 --> 01:12:51,759
Speaker 2: are going to go in early September now through November.

1551
01:12:51,800 --> 01:12:53,920
Speaker 2: So that makes sense a little over half of us

1552
01:12:54,120 --> 01:12:55,920
Speaker 2: because we want to spread the costs over time, which

1553
01:12:55,920 --> 01:12:58,479
Speaker 2: also makes sense. Forty eight percent of us want the

1554
01:12:58,520 --> 01:13:02,840
Speaker 2: discounts on This is my tip for life. If there

1555
01:13:02,960 --> 01:13:06,880
Speaker 2: is no reason in life, with a few exceptions, there

1556
01:13:06,960 --> 01:13:08,840
Speaker 2: is no reason in life to pay full price for

1557
01:13:09,080 --> 01:13:12,880
Speaker 2: literally anything. There is literally no reason. There's competition all

1558
01:13:12,960 --> 01:13:16,120
Speaker 2: over the place. Unless you're wedded to a particular product

1559
01:13:16,240 --> 01:13:18,360
Speaker 2: or a particular brand, or you've got some sort of

1560
01:13:18,439 --> 01:13:22,880
Speaker 2: weird fascination with something truly unique, you should never pay

1561
01:13:22,920 --> 01:13:25,760
Speaker 2: full price for anything. Everything is a negotiation. So if

1562
01:13:25,760 --> 01:13:27,920
Speaker 2: you pay full price for anything, you're mad. So forty

1563
01:13:27,920 --> 01:13:29,679
Speaker 2: eight percent of us want to bargain. Fifty eight percent

1564
01:13:30,640 --> 01:13:35,040
Speaker 2: we're going to buy experiences such as travel or passion classes.

1565
01:13:36,360 --> 01:13:37,120
Speaker 13: Passion classes.

1566
01:13:37,240 --> 01:13:40,040
Speaker 2: Yeah, I'm already pretty good at passion.

1567
01:13:40,280 --> 01:13:43,360
Speaker 13: I was just going to say I need to class now.

1568
01:13:43,400 --> 01:13:45,000
Speaker 2: I don't know. I don't know. I don't some people

1569
01:13:45,120 --> 01:13:45,800
Speaker 2: need a class on that.

1570
01:13:46,000 --> 01:13:48,400
Speaker 13: Yeah, I've got no idea. I don't think I've ever

1571
01:13:48,479 --> 01:13:48,720
Speaker 13: done it.

1572
01:13:48,960 --> 01:13:51,880
Speaker 2: Forty percent are going to be big on Black Friday

1573
01:13:51,960 --> 01:13:55,040
Speaker 2: Cyber Monday, aren't we all? Seventy four percent we planned

1574
01:13:55,040 --> 01:13:58,320
Speaker 2: to buy self care products. What's that mean? Thirty nine

1575
01:13:58,320 --> 01:14:01,720
Speaker 2: percent looking to purchase well items. I think they're just buzzwords.

1576
01:14:02,080 --> 01:14:05,080
Speaker 2: Someone rang somebody up moment. What I wellness that I'm

1577
01:14:05,080 --> 01:14:08,800
Speaker 2: into that? Clothing and shoes? Fifty one percent, Interior day

1578
01:14:08,880 --> 01:14:10,880
Speaker 2: Core thirty four percent. That's just nick and nack and

1579
01:14:10,880 --> 01:14:13,840
Speaker 2: brick and break, minimalize, save yourself some money and some time.

1580
01:14:13,960 --> 01:14:15,960
Speaker 2: Minimalize toys thirty four percent.

1581
01:14:16,400 --> 01:14:18,320
Speaker 13: I mean the problem with buying something now, though, is

1582
01:14:18,400 --> 01:14:21,040
Speaker 13: that then you've got to stash it somewhere, and then

1583
01:14:21,040 --> 01:14:23,120
Speaker 13: you've forgotten that you've bought it correct and then you

1584
01:14:23,200 --> 01:14:24,960
Speaker 13: go out and buy something else for that same person,

1585
01:14:25,000 --> 01:14:27,040
Speaker 13: and then you realize you've got two things to that

1586
01:14:27,120 --> 01:14:28,639
Speaker 13: person and only one for somebody else.

1587
01:14:28,720 --> 01:14:30,920
Speaker 2: See how the festive season goes to hell just like that,

1588
01:14:31,160 --> 01:14:33,160
Speaker 2: similar as that use for you. In a couple of moments.

1589
01:14:33,200 --> 01:14:34,560
Speaker 2: Then we will cross to the other side of the

1590
01:14:34,600 --> 01:14:36,719
Speaker 2: world in the UK, and the Mighty Rod little as worse.

1591
01:14:37,000 --> 01:14:38,200
Speaker 2: You're a newstalk Ze'd.

1592
01:14:38,040 --> 01:14:45,200
Speaker 1: Be opinionative, informed, unapologetic, the Mic Hosking, Breakfast with a Vita,

1593
01:14:45,320 --> 01:14:49,200
Speaker 1: Retirement Communities, Life your Way, News Talks Dead be Mike.

1594
01:14:49,240 --> 01:14:51,320
Speaker 2: If you're buying at a discount from brand stores that

1595
01:14:51,479 --> 01:14:54,400
Speaker 2: regularly discount, you're actually paying full price. The discount is

1596
01:14:54,439 --> 01:14:56,360
Speaker 2: factored into the price. You're actually just paying what the

1597
01:14:56,400 --> 01:15:00,479
Speaker 2: product is worth. Warren, I think I was born yesterday.

1598
01:15:03,160 --> 01:15:05,320
Speaker 2: I've seen that game coming a long time ago. Twenty

1599
01:15:05,360 --> 01:15:06,360
Speaker 2: three minutes away from.

1600
01:15:06,320 --> 01:15:10,439
Speaker 18: Nine International correspondence with ends Inn Eye Insurance, peace of

1601
01:15:10,520 --> 01:15:11,800
Speaker 18: mind for New Zealand.

1602
01:15:11,520 --> 01:15:15,559
Speaker 5: Business for the UK on little morning to you mate, Oh,

1603
01:15:15,720 --> 01:15:16,599
Speaker 5: good morning, Mike.

1604
01:15:16,840 --> 01:15:19,320
Speaker 2: Right, Prince Andrew. It's it's difficult to know where to

1605
01:15:19,360 --> 01:15:21,240
Speaker 2: start and whether it gets any worse. I suppose that's

1606
01:15:21,680 --> 01:15:24,000
Speaker 2: the most obvious question. I mean, it's bad enough, but

1607
01:15:24,400 --> 01:15:26,680
Speaker 2: ken it's given the book is just being published as

1608
01:15:26,720 --> 01:15:29,840
Speaker 2: we speak, can it potentially get worse than what it

1609
01:15:29,960 --> 01:15:30,439
Speaker 2: already is?

1610
01:15:32,120 --> 01:15:35,800
Speaker 5: I think it's kind of inevitable that it will. I mean,

1611
01:15:36,120 --> 01:15:40,280
Speaker 5: we're going to hear more and more accusations from the

1612
01:15:40,400 --> 01:15:45,240
Speaker 5: late beyond the Grave, from the late Virginia Geffrey Jeffrey,

1613
01:15:47,000 --> 01:15:49,200
Speaker 5: and there are going to be more and more demands

1614
01:15:49,240 --> 01:15:53,280
Speaker 5: for Prince Andrew to go to the United States to

1615
01:15:53,320 --> 01:15:57,599
Speaker 5: face the music. It's going to get very difficult for him.

1616
01:15:57,640 --> 01:16:03,000
Speaker 5: He's also being investigated now by the Metropolitan Police for

1617
01:16:03,160 --> 01:16:08,480
Speaker 5: having tried to get his Royal Protection officers to investigate

1618
01:16:08,760 --> 01:16:13,479
Speaker 5: over to the Jeffrey herself. So none of it looks good.

1619
01:16:14,479 --> 01:16:17,680
Speaker 5: The big question for the British monarchy is whether he

1620
01:16:17,760 --> 01:16:22,200
Speaker 5: could be sufficiently detached from the monarchy for it not

1621
01:16:22,400 --> 01:16:26,200
Speaker 5: to rebound on them. I think any hopes of rehabil

1622
01:16:26,680 --> 01:16:30,640
Speaker 5: rehabilitation are long gone. The hope now, he said, he

1623
01:16:30,720 --> 01:16:34,599
Speaker 5: can be set a drift even further than Prince Harry

1624
01:16:35,080 --> 01:16:39,160
Speaker 5: and King Charles and Prince William will get on with

1625
01:16:39,280 --> 01:16:42,559
Speaker 5: what there was their job of trying to be a monarchy.

1626
01:16:43,080 --> 01:16:45,360
Speaker 2: The well, first of all, you can't pick your family,

1627
01:16:45,439 --> 01:16:47,559
Speaker 2: so I think there's something in that. But equally, there

1628
01:16:47,640 --> 01:16:49,559
Speaker 2: was a suggestion in one of the tabloids the other

1629
01:16:49,680 --> 01:16:52,400
Speaker 2: day that the payoff that he made to do Fae

1630
01:16:52,520 --> 01:16:54,479
Speaker 2: to keep her quiet for a period of time was

1631
01:16:54,960 --> 01:16:58,960
Speaker 2: essentially about the jubilee, so the Queen's jubilee wouldn't get

1632
01:16:59,040 --> 01:17:01,320
Speaker 2: ruined its truth in that? Do you think.

1633
01:17:03,640 --> 01:17:06,200
Speaker 5: My guess is that he did it for his own purposes.

1634
01:17:06,840 --> 01:17:09,760
Speaker 5: I suspect anybody else came a long way down the

1635
01:17:09,800 --> 01:17:13,160
Speaker 5: list of considerations. He doesn't seem to have considered other

1636
01:17:13,280 --> 01:17:15,280
Speaker 5: members of the royal family in any of his dealings,

1637
01:17:15,640 --> 01:17:18,439
Speaker 5: And he was still even by the end of last

1638
01:17:18,520 --> 01:17:22,920
Speaker 5: week insisting to the King that you know, I don't

1639
01:17:23,000 --> 01:17:26,800
Speaker 5: quite say I'm being picked on. You know, these are staticizations.

1640
01:17:27,800 --> 01:17:31,519
Speaker 5: He will not accept that he's done anything wrong. And

1641
01:17:31,760 --> 01:17:34,360
Speaker 5: yet we find that he was a friend of Jeffrey

1642
01:17:34,439 --> 01:17:38,280
Speaker 5: Epstein long after he did that interview with Emilynchless when

1643
01:17:38,320 --> 01:17:42,760
Speaker 5: he said that all contact had been cut off. It's

1644
01:17:42,880 --> 01:17:46,240
Speaker 5: remarkable stuff and more will come out. And of course,

1645
01:17:46,640 --> 01:17:49,760
Speaker 5: you know it's been a terrible twenty five years for

1646
01:17:49,880 --> 01:17:53,240
Speaker 5: the royal family. You know, you've got Prince Harry and

1647
01:17:54,840 --> 01:17:59,920
Speaker 5: Meghan for firing shots from one quarter, though they've been

1648
01:18:00,120 --> 01:18:06,400
Speaker 5: quieter of late, and you know, continual problems with Prince

1649
01:18:06,479 --> 01:18:09,719
Speaker 5: Andrew on the other and then health issues plaguing both

1650
01:18:09,800 --> 01:18:13,559
Speaker 5: the King and the Princess of Wales.

1651
01:18:14,080 --> 01:18:16,200
Speaker 2: Where does Sarah Ferguson fit into the all of that,

1652
01:18:16,280 --> 01:18:19,720
Speaker 2: because I mean her later to Wipstein was disgraceful. She

1653
01:18:20,240 --> 01:18:23,080
Speaker 2: clearly she, at least superficially, she looks as bad as

1654
01:18:23,120 --> 01:18:23,599
Speaker 2: Andrew does.

1655
01:18:24,960 --> 01:18:27,479
Speaker 5: Oh I think, yes, as bad as not worse. I mean,

1656
01:18:27,479 --> 01:18:32,320
Speaker 5: they're both sick and they're both grasping. That's the problem.

1657
01:18:34,760 --> 01:18:37,200
Speaker 5: You know, it is a problem because they can't see

1658
01:18:37,360 --> 01:18:40,479
Speaker 5: where this grasping will get them in the eyes of

1659
01:18:40,560 --> 01:18:43,720
Speaker 5: the public. It leaves her without a title, without any

1660
01:18:43,760 --> 01:18:49,400
Speaker 5: support from the state. It remains to be seen if

1661
01:18:49,479 --> 01:18:52,559
Speaker 5: Andrew will continue to live in the Great Lot at

1662
01:18:52,600 --> 01:18:56,320
Speaker 5: Windsor Park, with seven bedrooms and gardens cottages. There was

1663
01:18:56,400 --> 01:18:59,360
Speaker 5: at least drawn up for him to stay there, but

1664
01:18:59,520 --> 01:19:03,280
Speaker 5: that was dedicated upon him being a reasonably useful member

1665
01:19:03,320 --> 01:19:05,640
Speaker 5: of the royal family, which of course he is not.

1666
01:19:05,920 --> 01:19:07,599
Speaker 5: I mean, he's still a member of the royal family

1667
01:19:07,680 --> 01:19:11,719
Speaker 5: by birth, but he is not useful by any stretch

1668
01:19:11,760 --> 01:19:14,840
Speaker 5: of the imagination. And there is there is some public

1669
01:19:14,920 --> 01:19:16,760
Speaker 5: disquiet that he's still allowed to live there.

1670
01:19:16,960 --> 01:19:19,400
Speaker 2: Well, there's that, and so what's the what's the bigger

1671
01:19:19,439 --> 01:19:21,439
Speaker 2: punishment here? I mean, the argument is and I think

1672
01:19:21,479 --> 01:19:23,879
Speaker 2: one of the phrase family said, look, you know, whip

1673
01:19:24,000 --> 01:19:26,439
Speaker 2: the prince away, take the prince title of him as well.

1674
01:19:27,040 --> 01:19:28,920
Speaker 2: Is that the big deal for many people?

1675
01:19:29,160 --> 01:19:29,439
Speaker 10: Or is it?

1676
01:19:29,600 --> 01:19:31,400
Speaker 2: Does he need to get to America as you first

1677
01:19:31,400 --> 01:19:33,240
Speaker 2: alluded to, and maybe face up to a few of

1678
01:19:33,280 --> 01:19:34,840
Speaker 2: the questions who want a word?

1679
01:19:36,080 --> 01:19:38,120
Speaker 5: So I think it's I think it's getting to America

1680
01:19:38,160 --> 01:19:41,439
Speaker 5: and facing some of those accusations. The Americans do not

1681
01:19:41,640 --> 01:19:45,360
Speaker 5: understand that he cannot disinherit prince any more than I

1682
01:19:45,439 --> 01:19:46,759
Speaker 5: could disinherit little.

1683
01:19:49,560 --> 01:19:50,280
Speaker 3: He just is.

1684
01:19:51,439 --> 01:19:54,639
Speaker 5: And that's and you know, We've had bad princes before,

1685
01:19:54,880 --> 01:19:58,840
Speaker 5: quite a few of them during our you know, the

1686
01:19:58,960 --> 01:20:04,800
Speaker 5: Southern year history of monarchy. But he can't give that up.

1687
01:20:05,400 --> 01:20:08,639
Speaker 5: The greatest punishment would be to cut off his money.

1688
01:20:09,280 --> 01:20:13,320
Speaker 5: You know, I still find it hard to understand how

1689
01:20:13,479 --> 01:20:18,720
Speaker 5: he can afford, even without paying a vast rent, how

1690
01:20:18,760 --> 01:20:22,920
Speaker 5: he could afford to run windsor grade Lodge matsive House.

1691
01:20:23,080 --> 01:20:27,360
Speaker 2: Yes, exactly. The penguin biscuit I know not of, but

1692
01:20:27,560 --> 01:20:30,320
Speaker 2: have looked them up. They seem to be associated with

1693
01:20:30,360 --> 01:20:32,200
Speaker 2: the tim Tam Slam, which I'm not sure how that

1694
01:20:32,240 --> 01:20:36,599
Speaker 2: works out, but the penguin biscuit apparently has Are they popular?

1695
01:20:36,640 --> 01:20:39,160
Speaker 2: Does everyone have a penguin biscuit in the biscuit Tinnadheim.

1696
01:20:39,520 --> 01:20:41,880
Speaker 5: Yeah, it was very popular and a lot of your

1697
01:20:42,120 --> 01:20:45,560
Speaker 5: listeners who are expats will remember them. They're one of

1698
01:20:45,600 --> 01:20:48,680
Speaker 5: the most popular tea time chop of biscuits. But it's

1699
01:20:48,760 --> 01:20:53,760
Speaker 5: not with a catchlight, a penguin, et cetera. But it's

1700
01:20:53,880 --> 01:20:57,880
Speaker 5: not just penguin. It's now kind of all of our

1701
01:20:58,000 --> 01:21:01,320
Speaker 5: sown you know how much Brits like that. It's now

1702
01:21:01,680 --> 01:21:06,720
Speaker 5: all of our chocolate biscuits are no longer chocolate. They

1703
01:21:06,760 --> 01:21:12,000
Speaker 5: are air zats. They are palm oil and various other concoctions.

1704
01:21:12,439 --> 01:21:16,200
Speaker 5: And this is all because of the price of cocoa

1705
01:21:16,280 --> 01:21:20,280
Speaker 5: beans and cocoa butter. But none of these biscuits are

1706
01:21:20,280 --> 01:21:23,920
Speaker 5: allowed them allowed to be called chocolate anymore because they

1707
01:21:24,000 --> 01:21:27,280
Speaker 5: simply aren't. It's all a little bit sad, no, not

1708
01:21:27,439 --> 01:21:29,320
Speaker 5: that at Prince Andrew's scale, but.

1709
01:21:32,360 --> 01:21:35,160
Speaker 2: Not as bad as Prince Andrew. But nice to say

1710
01:21:35,160 --> 01:21:37,800
Speaker 2: you might. We'll catch up on Thursday. Rod little out

1711
01:21:37,840 --> 01:21:41,080
Speaker 2: of the UK. By the way, the Chinese mega embassy decision,

1712
01:21:41,080 --> 01:21:43,720
Speaker 2: which Rod alluded to a couple of weeks ago, they

1713
01:21:43,880 --> 01:21:46,280
Speaker 2: delayed it and they've delayed again, and the Chinese are

1714
01:21:46,280 --> 01:21:49,759
Speaker 2: getting increasingly perturbed, not surprisingly so, but of course they're

1715
01:21:49,760 --> 01:21:51,439
Speaker 2: deeply worried about the Chinese and what they're putting in

1716
01:21:51,479 --> 01:21:52,960
Speaker 2: the building and how it's all going to work. But

1717
01:21:53,800 --> 01:21:56,120
Speaker 2: due to the rule on the application, or due to

1718
01:21:56,200 --> 01:21:58,120
Speaker 2: rule on the application by the twenty first of October,

1719
01:21:58,640 --> 01:22:01,080
Speaker 2: which you will notice about now, but that has been

1720
01:22:01,120 --> 01:22:03,320
Speaker 2: pushed back until the tenth of December. I also know

1721
01:22:03,439 --> 01:22:06,800
Speaker 2: in Britain overnight pizzare hard at closing down. They're franchised out.

1722
01:22:06,840 --> 01:22:09,160
Speaker 2: There's a company called DC London Pie Limited that run

1723
01:22:09,200 --> 01:22:11,760
Speaker 2: them these days, but the consulting administrators have come in,

1724
01:22:11,840 --> 01:22:15,160
Speaker 2: so sixty eight restaurants, eleven delivery sites, twelve hundred jobs

1725
01:22:15,200 --> 01:22:17,400
Speaker 2: are gone. I note also that hard Grooves lands down

1726
01:22:17,880 --> 01:22:21,680
Speaker 2: UKs because retail investment platform have decided that bitcoin is

1727
01:22:21,840 --> 01:22:25,760
Speaker 2: not an asset class, So make of that what you will.

1728
01:22:25,840 --> 01:22:30,439
Speaker 1: Sixteen too, The High Asking Breakfast Full Show podcast on

1729
01:22:30,720 --> 01:22:33,080
Speaker 1: iHeartRadio powered by News Talks A B.

1730
01:22:33,960 --> 01:22:37,040
Speaker 2: Twelve away from Nanea. I'm very pleased about the IRD.

1731
01:22:37,160 --> 01:22:39,719
Speaker 2: The IRD has got some money, they've got some computers,

1732
01:22:39,760 --> 01:22:41,920
Speaker 2: they've got some technology, and they seem to be chasing

1733
01:22:41,960 --> 01:22:44,720
Speaker 2: people down who don't pay their tax, and I'm all

1734
01:22:44,840 --> 01:22:47,760
Speaker 2: for that. And so yesterday's deal was they spent a

1735
01:22:47,800 --> 01:22:49,560
Speaker 2: buck and they got eleven dollars eighty one back. So

1736
01:22:49,600 --> 01:22:51,360
Speaker 2: I'm right into that because the unpaid tax in this

1737
01:22:51,400 --> 01:22:53,200
Speaker 2: country is at ten billion dollars, which if you think

1738
01:22:53,200 --> 01:22:54,800
Speaker 2: about it, if you collected all the tax that was

1739
01:22:54,840 --> 01:22:58,240
Speaker 2: actually owed, that would be our payment for the servicing

1740
01:22:58,280 --> 01:23:01,400
Speaker 2: of the debt each year. But what I'm also interested

1741
01:23:01,439 --> 01:23:04,879
Speaker 2: in and pleased about is the Consumer Council, the Insurance

1742
01:23:04,960 --> 01:23:08,960
Speaker 2: and Financial Services onwardsmen in fact, who's declined. This couple

1743
01:23:10,240 --> 01:23:12,840
Speaker 2: who claimed thirty one thousand dollars were stolen from their car.

1744
01:23:12,960 --> 01:23:15,120
Speaker 2: It was stuff from their trip. So they come back.

1745
01:23:15,439 --> 01:23:18,560
Speaker 2: Because while I'm into is, I'm not into stupidity. And

1746
01:23:19,000 --> 01:23:20,839
Speaker 2: if they had cleared this, I would have been ropeable.

1747
01:23:20,920 --> 01:23:23,000
Speaker 2: So couple comes back from a trip and they got

1748
01:23:23,040 --> 01:23:26,080
Speaker 2: a whole bunch of shopping designer clothes and jewelry. So

1749
01:23:26,280 --> 01:23:29,560
Speaker 2: the bloke drops his wife at work and then he

1750
01:23:29,720 --> 01:23:32,280
Speaker 2: goes home leaves the bags in the car overnight. Why

1751
01:23:32,320 --> 01:23:34,600
Speaker 2: because he's lazy. I mean, there's no way in the

1752
01:23:34,640 --> 01:23:36,160
Speaker 2: world that you come back from your holiday and you'll

1753
01:23:36,200 --> 01:23:37,760
Speaker 2: leave your bags in the car overnight. Why on earth

1754
01:23:37,760 --> 01:23:39,920
Speaker 2: would you do that. So anyway, car was broken into

1755
01:23:40,600 --> 01:23:42,839
Speaker 2: and there was thirty one thousand dollars worth of stuff stolen,

1756
01:23:43,160 --> 01:23:45,720
Speaker 2: so they claim it not insurance. Insurance turns it down.

1757
01:23:45,920 --> 01:23:46,120
Speaker 20: Good.

1758
01:23:46,800 --> 01:23:49,760
Speaker 2: Leaving items overnight in the car was a failure to

1759
01:23:49,800 --> 01:23:51,719
Speaker 2: take reasonable care. I would have thought that was obvious.

1760
01:23:52,479 --> 01:23:56,080
Speaker 2: The couple had had shoes stolen previously from other vehicles,

1761
01:23:56,400 --> 01:24:03,240
Speaker 2: so they're just plain useless. Case manager noted the woman

1762
01:24:03,360 --> 01:24:07,520
Speaker 2: had expressly told her husband to take the items inside.

1763
01:24:08,920 --> 01:24:12,479
Speaker 2: Failure to follow instruction of the missus. That's your number

1764
01:24:12,479 --> 01:24:16,360
Speaker 2: one crime. A pair of designer sunglasses was left visible

1765
01:24:16,439 --> 01:24:20,200
Speaker 2: between the front seats, So this dufus doesn't listen to

1766
01:24:20,280 --> 01:24:23,479
Speaker 2: his wife is clearly lazy because he gets home and

1767
01:24:23,520 --> 01:24:26,599
Speaker 2: he can't be bother dragging the suitcases in. Has got

1768
01:24:26,760 --> 01:24:28,680
Speaker 2: form in the form of the shoes who have been

1769
01:24:28,720 --> 01:24:32,360
Speaker 2: nicked before, leaves the glasses in between the seats ready

1770
01:24:32,400 --> 01:24:35,720
Speaker 2: and raring to go, goes inside, forgets it all and

1771
01:24:35,840 --> 01:24:37,880
Speaker 2: then wakes up the next morning to see it all gone,

1772
01:24:38,040 --> 01:24:40,639
Speaker 2: and has the gall to go along to the insurance

1773
01:24:40,680 --> 01:24:43,760
Speaker 2: company and claim for thirty one thousand dollars. So good, good, good,

1774
01:24:43,880 --> 01:24:45,960
Speaker 2: good good, because you know what happens to those people

1775
01:24:46,040 --> 01:24:48,600
Speaker 2: have got away with it. We're all paying for it,

1776
01:24:48,760 --> 01:24:50,600
Speaker 2: and all that happens is EU premium goes up and

1777
01:24:50,640 --> 01:24:51,960
Speaker 2: we've got enough to pay for it at the moment.

1778
01:24:52,000 --> 01:24:54,559
Speaker 2: With those sort of that, he gets ten away from nine.

1779
01:24:55,120 --> 01:24:59,040
Speaker 1: The Mike Hosking Breakfast were the defender and news togs headb.

1780
01:24:59,280 --> 01:25:00,840
Speaker 2: Now we all know how reader is to be a

1781
01:25:00,920 --> 01:25:03,320
Speaker 2: learner driver. Of course, so super important that our teams

1782
01:25:03,360 --> 01:25:05,320
Speaker 2: are young adults have the resources to know how to

1783
01:25:05,360 --> 01:25:07,280
Speaker 2: stay safe on the road, which is where street smart

1784
01:25:07,320 --> 01:25:09,400
Speaker 2: comes and street Smart's brilliant. Look it up, learn about it,

1785
01:25:09,439 --> 01:25:13,040
Speaker 2: absolutely brilliant. Street Smart are a charitable trust. They're delivering

1786
01:25:13,080 --> 01:25:16,080
Speaker 2: world class practical learner driver programs. They aim to help

1787
01:25:16,160 --> 01:25:17,560
Speaker 2: young key we stay safe on the road if you

1788
01:25:17,640 --> 01:25:21,360
Speaker 2: learn to drive properly. You never forget how their programs

1789
01:25:21,400 --> 01:25:23,880
Speaker 2: are all based on cognitive learned by doing insights. And

1790
01:25:23,960 --> 01:25:25,720
Speaker 2: right now street Smart they're giving you the chance to

1791
01:25:25,760 --> 01:25:29,479
Speaker 2: score some amazing prizes to help raise the much needed

1792
01:25:29,560 --> 01:25:31,840
Speaker 2: program funding. So you can purchase tickets to go into

1793
01:25:31,880 --> 01:25:35,080
Speaker 2: the draw to score truly incredible prizes and in turn

1794
01:25:35,160 --> 01:25:38,599
Speaker 2: you help them provide accessible road safety courses for young kiwis.

1795
01:25:38,640 --> 01:25:40,720
Speaker 2: It's win win. So you've got a total price pull

1796
01:25:40,760 --> 01:25:43,280
Speaker 2: of over three hundred and twenty thousand bucks. We've got

1797
01:25:43,360 --> 01:25:46,120
Speaker 2: three twenty twenty five subari wrx's. Who doesn't love a

1798
01:25:46,280 --> 01:25:49,920
Speaker 2: wr WRX in the main see, I mean the Chinese

1799
01:25:49,920 --> 01:25:52,200
Speaker 2: is never going to do a WRX, are they? I

1800
01:25:52,280 --> 01:25:54,040
Speaker 2: mean the Chinese not capable of gain you They still

1801
01:25:54,160 --> 01:25:55,720
Speaker 2: all the Chinese can do A stick a battery in

1802
01:25:55,760 --> 01:25:57,960
Speaker 2: a box. That's all they can do. No one's designing

1803
01:25:58,000 --> 01:26:01,280
Speaker 2: a WRX, that's a car anyway, the three of those

1804
01:26:01,840 --> 01:26:05,720
Speaker 2: multi ticket prize draws, amazing rams, Oh my gods and

1805
01:26:05,800 --> 01:26:11,800
Speaker 2: ours X race simulator, Get meat going anyway, here's where

1806
01:26:11,840 --> 01:26:17,320
Speaker 2: you go. Street Smart Lottery one word Street Smart Lottery

1807
01:26:17,760 --> 01:26:20,559
Speaker 2: dot or dot in z grab your tickets today. Every

1808
01:26:20,600 --> 01:26:24,920
Speaker 2: little bit helps keeps the road socksky. If you buy

1809
01:26:25,080 --> 01:26:28,600
Speaker 2: a simulator, which is what I want to buy, is

1810
01:26:28,640 --> 01:26:31,600
Speaker 2: it one of those things because they're quite expensive and

1811
01:26:31,760 --> 01:26:34,400
Speaker 2: I'm having a lot of trouble at home getting any

1812
01:26:34,479 --> 01:26:36,519
Speaker 2: expensiture pass the chief accountant.

1813
01:26:37,000 --> 01:26:40,440
Speaker 13: Anyway, we've already established she's stronger.

1814
01:26:40,080 --> 01:26:44,120
Speaker 2: Than you, very much so in so many different ways. Glenn.

1815
01:26:45,000 --> 01:26:47,679
Speaker 2: Is a race simulator one of those things that once

1816
01:26:47,720 --> 01:26:50,720
Speaker 2: you've bought it, you like, have the best time of

1817
01:26:50,800 --> 01:26:53,200
Speaker 2: your life for about three and a half weeks and

1818
01:26:53,280 --> 01:26:56,559
Speaker 2: then you're going but boring now. Is one of those

1819
01:26:56,560 --> 01:26:57,280
Speaker 2: things I wouldn't we But.

1820
01:26:57,320 --> 01:26:59,679
Speaker 13: The advantage is that you can do all different kinds

1821
01:26:59,680 --> 01:27:02,479
Speaker 13: of race thought it. You know, like one week you

1822
01:27:02,479 --> 01:27:04,719
Speaker 13: can be Formula one racing, then you can be rallying.

1823
01:27:05,520 --> 01:27:06,720
Speaker 2: You sound like you've got one.

1824
01:27:07,200 --> 01:27:09,639
Speaker 13: No, I saw some people using one.

1825
01:27:09,560 --> 01:27:12,200
Speaker 2: The other night, and what do you think? Do you think, man,

1826
01:27:12,320 --> 01:27:12,760
Speaker 2: that's cool.

1827
01:27:13,439 --> 01:27:15,559
Speaker 13: I thought I would never do that in public. That's

1828
01:27:15,640 --> 01:27:16,120
Speaker 13: what I thought.

1829
01:27:16,280 --> 01:27:18,639
Speaker 2: Okay, five minutes away from.

1830
01:27:18,600 --> 01:27:23,360
Speaker 1: Nine trending now with chemist warehouses and celebrate big brands

1831
01:27:23,400 --> 01:27:24,280
Speaker 1: and biggest.

1832
01:27:23,920 --> 01:27:27,160
Speaker 2: Savings, aws out a jobahnight. Have you even't caught up

1833
01:27:27,200 --> 01:27:30,560
Speaker 2: on this? This morning, Amazon are claiming that everything effectively

1834
01:27:30,680 --> 01:27:34,439
Speaker 2: is back online. Conspiracy is the course of flying because

1835
01:27:34,520 --> 01:27:37,240
Speaker 2: we all know it was the Chinese. Actually I don't

1836
01:27:37,280 --> 01:27:38,560
Speaker 2: know it was the Chinese. I think it could have

1837
01:27:38,560 --> 01:27:40,639
Speaker 2: been the Russians. Could have been the Chinese and the Russians.

1838
01:27:41,800 --> 01:27:43,320
Speaker 2: And the reason they would have done that is so

1839
01:27:43,920 --> 01:27:45,760
Speaker 2: you were going to fleck some bitcoin. A lot of

1840
01:27:45,800 --> 01:27:48,400
Speaker 2: crypto interference they are going on over night. That's obviously

1841
01:27:48,479 --> 01:27:50,880
Speaker 2: what it was all about, isn't it. Or you got

1842
01:27:50,920 --> 01:27:54,559
Speaker 2: this guy who says, basically, it's the beginning of the end.

1843
01:27:55,000 --> 01:28:00,719
Speaker 22: Imagine, imagine when this happens to all show driving cars

1844
01:28:01,280 --> 01:28:04,120
Speaker 22: and they all run into brick walls and the pedal

1845
01:28:04,560 --> 01:28:06,600
Speaker 22: is pressed down by the AI at one hundred and

1846
01:28:06,600 --> 01:28:08,719
Speaker 22: twenty miles per hour drives you off a freaking cliff.

1847
01:28:09,240 --> 01:28:13,320
Speaker 22: Like again, they're creating this environment of fear and disruption

1848
01:28:14,080 --> 01:28:16,760
Speaker 22: and cyber attacks remember when they told you this in

1849
01:28:16,800 --> 01:28:20,800
Speaker 22: twenty twenty, right, cyber warfare infecting the world, which is

1850
01:28:20,880 --> 01:28:25,080
Speaker 22: exactly what that event was, because it's all AI alien invasion,

1851
01:28:25,479 --> 01:28:30,559
Speaker 22: artificial intelligence chat gpt ETCAT deep fakes now which are

1852
01:28:30,640 --> 01:28:35,040
Speaker 22: going mainstream, and I can't ague Yeah.

1853
01:28:35,080 --> 01:28:36,200
Speaker 2: I was going to say, I think he's going to

1854
01:28:36,240 --> 01:28:37,040
Speaker 2: point yeah.

1855
01:28:38,280 --> 01:28:40,880
Speaker 13: I noticed that China were accusing over the weekend the

1856
01:28:41,040 --> 01:28:47,160
Speaker 13: US of breaking into one of their heavily protected outfits

1857
01:28:47,200 --> 01:28:51,840
Speaker 13: called the China Time Service Center, which basically keeps time

1858
01:28:51,960 --> 01:28:53,400
Speaker 13: for all their infrastructure.

1859
01:28:53,520 --> 01:28:54,920
Speaker 2: Wouldn't surprise me, and.

1860
01:28:54,960 --> 01:28:57,599
Speaker 13: They reckon that the NSA were trying to get into that. Yep,

1861
01:28:58,200 --> 01:28:59,559
Speaker 13: so no wonder they've hit back.

1862
01:29:00,000 --> 01:29:04,080
Speaker 2: Wouldn't rule it out. But that that computer driving your pedal,

1863
01:29:05,160 --> 01:29:08,519
Speaker 2: I dream about that. That's that's already in my head.

1864
01:29:10,400 --> 01:29:12,160
Speaker 13: So don't do you reckon? That might have been what

1865
01:29:12,240 --> 01:29:13,639
Speaker 13: happened on the racecourse that day.

1866
01:29:15,840 --> 01:29:19,200
Speaker 2: The mighty Alfa Romeo four C threw the kitty litter

1867
01:29:19,600 --> 01:29:23,599
Speaker 2: into the wall. What could possibly go wrong? Back tomorrow morning.

1868
01:29:23,920 --> 01:29:25,080
Speaker 2: There's always happy days

1869
01:29:26,600 --> 01:29:29,479
Speaker 1: For more from the mic Asking Breakfast, listen live to

1870
01:29:29,600 --> 01:29:32,639
Speaker 1: news talks that'd be from six am weekdays, or follow

1871
01:29:32,720 --> 01:29:34,240
Speaker 1: the podcast on iHeartRadio,