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

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Speaker 2: The Mic Hosking.

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Speaker 1: Breakfast with Bailey's real Estate, your local experts across residential,

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Speaker 1: commercial and rural news, togs hed been old.

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Speaker 3: Flame Holdster, Henry Elsen on his call for tomorrow. The

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Speaker 3: PM does Tuesday. Of course, government intensifying their push on

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Speaker 3: MATS new trial and intermediates Boris Johnson on the US

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Speaker 3: votes and insight into working with trumpies with US after

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Speaker 3: Joe mcchenner does the EU FORUS and Rod Liddle does

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Speaker 3: the Mighty United Huniom Hosky, Welcome to the day, seven

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Speaker 3: past six. I asked the Prime Minister this time last

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Speaker 3: week about nuclear power, right. He dismissed it. He dismissed

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Speaker 3: it because we have become obsessed, of course with our

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Speaker 3: anti nuclear stance over the deckage, which is fine if

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Speaker 3: we don't want to be a data center host. But

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Speaker 3: that's the weird thing about it. We do, He argued,

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Speaker 3: not persuasively, that we can be a data center hub

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Speaker 3: with the power we have I e. Renewable. He is,

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Speaker 3: of course wrong. Over the weekend, yet more reportage and

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Speaker 3: by the way, if you're interested, there's an avalanche of

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Speaker 3: the stuff to be read at the moment about where

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Speaker 3: the world is going on data. It ties in with AI,

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Speaker 3: and that ties in with whether we buy into just

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Speaker 3: how big AI can be and what sort of expansion

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Speaker 3: path it's on and therefore how much power it's going

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Speaker 3: to need to run it. Dominion Energy serves the largest

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Speaker 3: data center market in the world out of Virginia. They

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Speaker 3: have just signed a memorandum of understanding with Amazon and

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Speaker 3: they're now looking to do business with other tech companies

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Speaker 3: on what are called small modular reactors. This is the

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Speaker 3: future of the world. We now have the capacity to

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Speaker 3: build small, agile facilities that serve businesses with increasing power needs. Oracle, Google,

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Speaker 3: all the big tech companies rather doing it, are doing

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Speaker 3: deals with providers, or they're doing it themselves. This is

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Speaker 3: happening now. It's not in the future. It is happening

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Speaker 3: right now. For a country that runs a commentary of

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Speaker 3: wanting to participate in the world to tap into our

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Speaker 3: tech industry to be a data hub, it seems increasingly

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Speaker 3: obvious we need to change our attitude to nuclear or

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Speaker 3: indeed miss out. What New Clear is, in very simple terms,

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Speaker 3: is reliable and good for the environment, rain and wind

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Speaker 3: and sun is good for the environment, but it's not reliable,

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Speaker 3: and it's certainly not capable of scaling up to the

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Speaker 3: sort of level needed to be a data center provider.

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Speaker 3: It's entirely possible we can run a small country and

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Speaker 3: its needs the way we want to. But you can

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Speaker 3: see this unfold as clear as day. In a decade,

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Speaker 3: we will have missed the boat. The world doesn't care

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Speaker 3: about us and owes us nothing. We can see the

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Speaker 3: path the world is on when we stand there in

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Speaker 3: twenty to thirty five saying look at us, still nuclear free.

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Speaker 3: No one will care because they don't care.

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Speaker 2: Now who news of the world in ninety.

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Speaker 3: Seconds, Here we go, Here we go, Here we go,

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Speaker 3: five yard line. Harris's and Michigan turn.

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Speaker 4: The page on a decade of politics driven.

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Speaker 2: By fear and division.

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Speaker 3: We are done with that, and we are.

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Speaker 5: Exhausted with that.

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Speaker 3: Trump is in North Carolina.

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Speaker 6: And actually, you know they have an expression. I hate

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Speaker 6: the expression. Actually, but it's ours to lose. Does that

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Speaker 6: make sense to you?

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Speaker 3: It's ours to.

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Speaker 7: Lose if we get everybody out and vote.

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Speaker 6: There's not a thing they can do.

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Speaker 3: Both camps bullish, although they are in sea chair has

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Speaker 3: a little time. How about them.

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Speaker 8: We're in a great position to win, but we have

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Speaker 8: to win on election day and we need everybody who

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Speaker 8: supports Donald Trump to go vote, vote, vote.

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Speaker 3: This Democratic Senator feels good.

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Speaker 9: Tom oh Harris's agenda is to grow this economy from

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Speaker 9: the middle out, make our streets safer, work on bipartisan

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Speaker 9: immigration reform. Donald Trump's agenda in the final few days

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Speaker 9: of the campaign seems to be to divide us from

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Speaker 9: each other.

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Speaker 3: Elsewhere in Spain that we covered the British couple killed

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Speaker 3: in the floods.

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Speaker 10: There was no alert. My parents would not have been

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Speaker 10: out with that alert. We are so angry at the

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Speaker 10: slackness of the Spanish authorities in that respect.

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Speaker 3: And one of the greats is DoD Quincy Jones. Was

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Speaker 3: not he one?

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Speaker 1: I like to think about the studio as a place

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Speaker 1: that's real, sacred, you know, where magical things happen.

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Speaker 2: Hopefully. No, that's what great records are supposed to be about.

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Speaker 6: You never think of retiring.

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Speaker 2: Never. When you're retired, you travel and you do what

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Speaker 2: you like to do.

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Speaker 6: And I'm already doing it.

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Speaker 2: You have to take the light part of your life.

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Speaker 11: You all wipe out.

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Speaker 3: The dogments only little piece of Italy. Next time you're there,

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Speaker 3: lake Como wants you to take a piece of it

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Speaker 3: with you. This is Italy Communica. They're now selling air

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Speaker 3: from lake Como and a can. Each can contains four

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Speaker 3: hundred mills of one hundred percent authentic air, and the

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Speaker 3: owner says it's not a product, but a tangible memory

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Speaker 3: that you're carrying in your heart. But before it reaches

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Speaker 3: your heart, you'll need to reach into your pocket. It's

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Speaker 3: eighteen bucks a pop, Sakas. That is news of the

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Speaker 3: world in ninety I'm very pleased to report we've got

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Speaker 3: Muldover sorted. The incumbent Sandhu has one ninety seven percent

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Speaker 3: of the voters and it was pro Russia versus pro

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Speaker 3: eu cy of relief for the pro eu as. There's

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Speaker 3: a lot of claims Russia tried to interfere with it.

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Speaker 3: All doesn't really matter because she's one and one reasonably

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Speaker 3: well eleven pass six.

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

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Speaker 1: It by News Talks be.

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Speaker 3: One of the first things I read this morning. This

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Speaker 3: is not how you want to start headline. Germany's governments

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Speaker 3: on the brink of collapse and you think how the

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Speaker 3: hell we get there? What we got here? With Merkel

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Speaker 3: of course, who opened the country to about a million

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Speaker 3: people who wanted in. The Germans went, what the hell

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Speaker 3: is that about? Angler booted around and we got three

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Speaker 3: clowns running the place. Anyway, The head of Macro at

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Speaker 3: I in g says, all in all, we think that

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Speaker 3: the risk of the German government collapsing has never been

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Speaker 3: higher than right now. So we'll talk to Joe about

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Speaker 3: that shortly fourteen past.

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Speaker 12: That's the money from Joe. I.

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Speaker 3: Well, Andrew kellerhergr morning, Very good morning, Mike. Is that

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Speaker 3: financial Stability Report day to day?

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Speaker 13: Yeah, well, we will talk about the US sction. But firstly,

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Speaker 13: a today is a very busy day, isn't it. We've

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Speaker 13: got we're celebrating a guy that likes to blow things up,

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Speaker 13: Guy Forks. We've got the Melbourne Cup, we've got Americans

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Speaker 13: getting ready to.

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Speaker 12: Hit the polling booths.

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Speaker 13: And to cap it all off, the RBY and Z

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Speaker 13: release their Financial Stability Report today.

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Speaker 12: Now they released us every six months.

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Speaker 13: Now we do now in all seriousness, Mike, we tend

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Speaker 13: to focus on monetary policy as the key role for

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Speaker 13: the RBY and Z. But they do have other functions

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Speaker 13: to fulfill and the financial financial stability is one of those.

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Speaker 13: So this report looks at at assessis and soundness and

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Speaker 13: efficiency in New Zealand's financial system. But this time around, Mike,

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Speaker 13: they have actually pre released some of the report, so

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Speaker 13: they pre released look at the housing market, but also

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Speaker 13: the results and I thought this was very interesting.

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Speaker 12: The results of the reverse stress tests.

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Speaker 13: Now this has highlighted geo political risks and I couldn't

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Speaker 13: ignore the timing of that, given that we're heading into

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Speaker 13: the biggest political event in the world as Americans, our

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Speaker 13: American friends had the polls to elect a new president

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Speaker 13: or hopefully so reverse stresses.

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Speaker 12: What the heck is that?

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Speaker 13: So essentially, the RBNZ they asked the banks to assume

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Speaker 13: a specific capital outcome, in this case the negative one,

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Speaker 13: so one in which the banks would breach their regulatory

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Speaker 13: minimum capital ratios think major economic downturn. Of course, this

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Speaker 13: is relevant because the banks have been accused of capital rationing,

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Speaker 13: making credit hard to get because the RBNZ is asking

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Speaker 13: them to hold more capital. So what scenario would get

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Speaker 13: you into capital trouble? And the interesting outcome of this

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Speaker 13: is the majority of the outcomes sort of modeled by

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Speaker 13: the banks. Included a geo political event in their scenarios

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Speaker 13: which then causes a global recession and some degree of

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Speaker 13: financial crisis. But I thought listeners Mike would be very

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Speaker 13: interested in the other scenarios that the bank submitted. So

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Speaker 13: what is it that keeps the bank risk people asleep

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Speaker 13: in their beds, so awake in their beds at night.

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Speaker 13: So the first one is an earthquake on the Alpine fault,

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Speaker 13: preceded by a global collapse in the reinsurance industry. So

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Speaker 13: fairly unusual scenario. There you go, earthquake and the upound fault,

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Speaker 13: volcanic eruption in the Auckland region and out an outbreak

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Speaker 13: of foot and mouth disease. We've been talking, we've been

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Speaker 13: talking about we've been modeling that for forty years. But

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Speaker 13: the final what's no prizes for guessing the last one, Mike,

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Speaker 13: What is the last one?

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Speaker 3: And does it come out of a market.

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Speaker 13: It's a pandemic, of course, we've been there now very quickly.

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Speaker 13: The special topic on housing, which was released a couple

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Speaker 13: of days ago, current update on the current conditions and

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Speaker 13: near term outlet for the housing market.

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Speaker 12: It's worth a read. It's a very good summary.

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Speaker 13: It really does tell story of some green shoots, but

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Speaker 13: plenty of supply coming to market, and I think that's

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Speaker 13: a key issue in containing house price growth in the

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Speaker 13: short two medium term.

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Speaker 3: Right over the US fots. So what do we need?

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Speaker 3: What we want to result? Don't we?

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Speaker 13: Yeah, Look, we can't ignore it. And I'm get being

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Speaker 13: asked a lot about the potential impact of the election.

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Speaker 13: But the key point, before you know, I going to

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Speaker 13: some of the detail that is that financial markets love certainty.

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Speaker 13: So before we start debating about the impact of a

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Speaker 13: Trump victory or Harris's victory, let's just get.

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Speaker 12: A clear outcome.

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Speaker 13: I think potentially one of the most destabilizing or unsettling

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Speaker 13: outcomes would be an inconclusive result or an uncertain result.

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Speaker 13: Given how close the polls are and the bedding onds.

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Speaker 13: It's not an improbable outcome, isn't it? Because uncertainty will

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Speaker 13: generate market volatility. But the other key issue for me,

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Speaker 13: Mike is interest rates. Irrespective of who wins, they're both

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Speaker 13: planning to spend up large, Trump more so than Harris,

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Speaker 13: and that means.

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Speaker 12: The US deficit will worsen.

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Speaker 13: This is really weighing on the longer end of the

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Speaker 13: US yield curve that drives yeal curves around the world.

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Speaker 13: US long term rates in September ten years three point

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Speaker 13: six they've gone to almost four point four percent.

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Speaker 12: That's the seismic shift in this market.

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Speaker 13: Overnight, they've falled a bit as Harris fortunes have sort

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Speaker 13: of lifted. The shep market will probably respond more positively

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Speaker 13: to a Trump victory.

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Speaker 12: But as as ever, Mike, what is the same.

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Speaker 13: It's the economy, stupid, and how the economy actually plays

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Speaker 13: out will probably Trump Trump Now, Mike, I'm actually heading

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Speaker 13: to North and South Carolina in about two weeks so,

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Speaker 13: hoping they will have an outcome by then.

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Speaker 12: If they don't, I will be the roving reporter on

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Speaker 12: the ground.

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Speaker 3: I think. I think in a couple of weeks will

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Speaker 3: be right now, by the way day across the Tasman

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Speaker 3: four to three with no change, no change.

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Speaker 13: No change, but nobody but who cares because they're all

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Speaker 13: watching the Melbourne.

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Speaker 3: Cup, right, that's true? What are the numbers?

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Speaker 12: Well, the US market's just coming off of it.

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Speaker 13: That's the Harris sort of, that's the Harris effects.

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Speaker 12: She's making a late run in the polls dal.

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Speaker 13: Jones forty one thy seven hundred and twenty two, it's

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Speaker 13: down three hundred and twenty nine points.

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Speaker 12: That's about threeqarters of percent.

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Speaker 13: The S and P five hundred and five seven three

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Speaker 13: it's down point four four of percent. Then Nasdak is

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Speaker 13: also down point four four four of a percent eighteen thousand,

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Speaker 13: one hundred and fifty eight overnight. The forty one hundred

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Speaker 13: was up small, up sixteen points eight one nine two.

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Speaker 13: The Nike they're having a holiday today so that they

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Speaker 13: haven't traded, but it fell two point sixty three percent

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Speaker 13: on Friday. Shanghai concert up just over one percent overnight

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Speaker 13: three three one oh.

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Speaker 12: The aussis yesday.

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Speaker 13: Gained point five six percent eight one sixty four. We

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Speaker 13: gained thirty one points in the ins nex fifty that

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Speaker 13: is a quarter of percent. Lift twelve thousand, five hundred

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Speaker 13: and ninety US dollar. It coming off a little bit

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Speaker 13: as the Harris of Fortunes lift point five nine seven four.

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Speaker 13: That's resulted in the Kiwi dollar being a little bit

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Speaker 13: stronger against the US point nine oh seventy five Ozsi

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Speaker 13: point five four nine oh Euro point four six one

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Speaker 13: eight against the pound ninety point eight five Japanese yen

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Speaker 13: gold two thousand seven one hundred and thirty three US

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Speaker 13: dollars and Brent crude seventy four dollars and eighty one cents.

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Speaker 3: You have a good one. Make ketchup tomorrow. Andre kelliher

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Speaker 3: Jomwealth dot co dot m z skate called America sales

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Speaker 3: for the month up fifteen point two percent. It was

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Speaker 3: subdued last month, but they'll take that all day long.

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Speaker 3: China is in the middle of their big Singles Day event.

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Speaker 3: Are we interested, Yes, we are, because are they spending

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Speaker 3: turns out, yes, they are. They see modest growth in

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Speaker 3: overall sales. There's some hope. They're six twenty ere News

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Speaker 3: Talks Edbo.

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

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Speaker 1: by News Talk sedb Morti.

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Speaker 3: Mike, you're absolutely right about nuclear windmills and solar panels

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Speaker 3: have a limited time about twenty years, and they cannot

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Speaker 3: be recycled, so they have to be buried.

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Speaker 6: Mike.

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Speaker 3: They're currently four hundred and forty that's an interesting stat.

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Speaker 3: Four hundred and forty nuclear power stations and thirty countries

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Speaker 3: around the world. Sixty five percent of frant as electricity

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Speaker 3: is generated by nuclear I honestly believe we're never going

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Speaker 3: to change the narrative. It is what it is, and

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Speaker 3: we have stuck where we are. But we're watching the

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Speaker 3: world passes by in this particular area. Quincy Jones, if

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Speaker 3: you missed at ninety one, which is a terrific life,

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Speaker 3: passed away peacefully in Bellair Onday night. We celebrate the

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Speaker 3: great life that he lived and know there will never

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Speaker 3: be another like and thriller. They say was the most face.

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Speaker 3: It's probably the most famous thing. Was it his best thing?

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Speaker 3: I don't know the career span more than seventy five years,

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Speaker 3: though twenty eight Grammys. For goodness sake, probably one of

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Speaker 3: the most influential jazz musicians. Certainly Time magazine thought so,

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Speaker 3: worked with everyone from Jackson to Sinatra. In eighty five

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Speaker 3: We Are the World, he co wrote that that was

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Speaker 3: a significant contribution to the world. Soundtrack to more than

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Speaker 3: fifty films and television programs. Married three times, had seven children,

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Speaker 3: which is not bad going. Let me just tell you quickly,

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Speaker 3: we will talk to the Prime Minister about it. Suggestion

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Speaker 3: and it's a leak ministerial document. Just bringing up to

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Speaker 3: speed with the military academies which a trial is going

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Speaker 3: or underway. Currently, they've not passed the legislation as to

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Speaker 3: how specifically they're going to run them. Part of and

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Speaker 3: this is the controversial part. Part of it involves do

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Speaker 3: you have the right to inflict force on those people

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Speaker 3: in those academies if you have to? And if you

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Speaker 3: are given that right, does that then bode well? Does

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Speaker 3: it cause trouble? Potentially? So some questions around that leak

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Speaker 3: document this morning will come to that later in the program.

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Speaker 14: Six twenty five Trending Now with Chemist Wells Great Savings every.

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Speaker 3: Day bubbles back. Dear Devil got canceled by Netflix back

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Speaker 3: in twenty eighteen because what Disney you owned? The franchise

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Speaker 3: pulled back on a pile of project's licensed to Netflix

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Speaker 3: so they could ramp up Disney plus cianni Aniada anyway,

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Speaker 3: First chance this morning for a taste of Dear Devil

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Speaker 3: born again.

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Speaker 15: This city no longer possesses any kind of salvation, but

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Speaker 15: it is my duty to protect her.

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Speaker 6: Spend some time, hasn't it.

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Speaker 14: You've come up in the world now, you can't protect

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Speaker 14: this city on your own.

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Speaker 6: I wonder if you're darker half would agree.

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Speaker 1: I wonder if Matt Murdoch is still there or just

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Speaker 1: the devil of Hell's catching her.

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Speaker 6: I think you will soon find out.

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Speaker 2: A long road have us.

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Speaker 16: Much to do, but that long stop us exactly what

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Speaker 16: kind of a lawyer?

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Speaker 2: Are you?

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Speaker 15: Very really good one?

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Speaker 3: By the way, this count says one of the first

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Speaker 3: parts of Phase five for Marvel. Charlie Cox's back as

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Speaker 3: Daredevil and Vincent Donofrio or Donofrio And we had a

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Speaker 3: debate about that this morning. I went with Donofrio. Sammy's

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Speaker 3: telling me everyone knows who he is, even though we

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Speaker 3: couldn't pronounce his name. I said, how come we know

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Speaker 3: who he is if we don't even know what his

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Speaker 3: name is? So then we go look up some people

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Speaker 3: who are pronouncing it, and they're pronouncing it differently. Depending

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Speaker 3: on who you are, they pronounce a different day. I've

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Speaker 3: decided Donofrio has a certain vibe to it.

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Speaker 15: Anyway, just go with the guy who was King Beennan

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Speaker 15: and the other.

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Speaker 3: Anyway, here's the next problem. It's not out till March

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Speaker 3: next year. Fourth of March rest of the world, the

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Speaker 3: fifth of March. By the way, the banks are expected

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Speaker 3: in Australia. This is to Raken thirty billion dollars this

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Speaker 3: week worth of profit, so we're back on the old

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Speaker 3: bank business. Locally. Westpac did very nicely. Thank you. We'll

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Speaker 3: talk to the CEO of Westpac directly after the News,

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Speaker 3: which is next.

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Speaker 1: You're Trusted Home the News for Entertainment's opinion and Fight

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Speaker 1: the Mike Hosking Breakfast with Vida, Retirement, Communities, Life Your

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Speaker 1: Way News, TOGSB.

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Speaker 3: Migrant scrape continues in Italy. We'll get the update from Joe,

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Speaker 3: but probably more importantly at the moment watching the German

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Speaker 3: government which are apparently on the brink of collapsing. More

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Speaker 3: shortly twenty three minutes away from seven Lord, we're in

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Speaker 3: for a week of profit announcement from the banks. First

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Speaker 3: cab off the rank is Westpac, who in Australia made

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Speaker 3: seven million dollars which was down a little bit, but

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Speaker 3: here they made a bit over a billion dollars which

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Speaker 3: was up some ten percent. Banks, of course affront and

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Speaker 3: cent of these days in the halls of Wellington. CEO

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Speaker 3: Katherine McGrath's with this's Catherine morning to you a quick

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Speaker 3: number crunch if we could, Impairment charges are down. That

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Speaker 3: shows a robust sign and the economy people, despite the

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Speaker 3: difficult times, have soaked it up. Is that fair?

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Speaker 5: Yes, underlying profits are flat and it's solid results because

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Speaker 5: we've worked really hard to support deries in tough times

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Speaker 5: and they've been more resilient as the economy has been

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Speaker 5: tough for them.

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Speaker 15: But we're really happy.

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Speaker 5: That we're well positioned to support them as the economy

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Speaker 5: should start to grow.

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Speaker 3: Home and business lending is up a little bit. Is

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Speaker 3: that a sign of the economy and green shoots and

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Speaker 3: all of that or not.

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Speaker 5: It's a couple of things. The housing market has definitely

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Speaker 5: started to pick up, and for us, we've taken market

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Speaker 5: share on business lending from other banks, which I'm delighted

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Speaker 5: about and look forward to doing more of that in

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Speaker 5: the year to come.

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Speaker 3: Okay, the margin in Australia is one point ninety five.

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Speaker 3: It's two point one point seven here, and that's where

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Speaker 3: the government comes in. How do you explain it?

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Speaker 15: So firstly, you've.

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Speaker 5: Got to compare apples with apples, and the Aussie business

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Speaker 5: has a large international franchise which we.

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Speaker 4: Don't have there.

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Speaker 5: So if I look at their business and consumer and

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Speaker 5: wealth business versus ours, actually our margin or net and

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Speaker 5: trust margin is smaller than in Australia.

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Speaker 3: Right, So if we accept that as a reasonable explanation,

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Speaker 3: how come the government don't get that? How come there's

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Speaker 3: an inquiry? How come they're out to get you guys?

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Speaker 5: Well, I think that's for the government to comment on,

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Speaker 5: and I'm looking forward to the Select Committee hearings because

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Speaker 5: it's a great opportunity to be incredibly transparent and talk

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Speaker 5: about all the great market that the Westpac team does

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Speaker 5: supporting New Zealand communities.

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Speaker 3: And Tony at another bank the other day gave what

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Speaker 3: I thought, and I assume you followed it was a

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Speaker 3: fairly cogent old line. Is your line similar to hers?

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Speaker 3: In other words, the banks speak as one.

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Speaker 5: So I think the way I look at it is

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Speaker 5: banks have really large balance sheets, and we have large

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Speaker 5: balance sheets so that we can help an economy to

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Speaker 5: grow and we fund things like infrastructure. We've put up

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Speaker 5: a one billion dollar fund of our balance sheet to

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Speaker 5: help fund affordable housing. And so when you've got a

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Speaker 5: big balance sheet, your profits are large. And if I

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Speaker 5: look at our return on tangible equity, it's about midpoint

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Speaker 5: of the end x fifty.

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Speaker 3: Yeah, that's pretty much what she said once again, I

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Speaker 3: ask you how come they don't get it? If what

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Speaker 3: you say is right.

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Speaker 5: I can't possibly comment on why the government have a

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Speaker 5: view like that, but our job is to help them

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Speaker 5: to understand and to turn up and answer all their

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Speaker 5: questions to the best of.

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Speaker 3: Our aballisty, do you feel like you're being in your

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Speaker 3: head against the brick wall.

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Speaker 5: I'm a returning Kiwi so I absolutely love being at

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Speaker 5: home and my job is to help Westpac growth in

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Speaker 5: New Zealand economy. So no, I'm not branding my head

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Speaker 5: against the wall, and I'm loving helping the economy to grow.

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Speaker 3: What about the kiwire the Kiwi Bank scenario, would something

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Speaker 3: big in that department change the market in your view?

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Speaker 8: So?

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Speaker 5: I think the market here is very competitive anyway, and

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Speaker 5: any growth out of Kiwi Bank is absolutely fantastic. We're

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Speaker 5: the smallest as the big four banks in New Zealand,

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Speaker 5: so any remedies that the comfom or the government want

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Speaker 5: to put in place to make competition easy is great

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Speaker 5: from my perspective.

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Speaker 3: Okay, So the other thing that you talk about the

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Speaker 3: green shoots, what you read on the economy as we

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Speaker 3: end the year and enter the next is their hope

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Speaker 3: was survived to twenty five reel.

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Speaker 5: So we're very hopeful about the economy in the year ahead.

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Speaker 5: I think the key thing to watch is unemployment, and

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Speaker 5: we expect that we'll peak halfway through the year. But

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Speaker 5: we do think that twenty twenty five is going to

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Speaker 5: be a better year for the New Zealand economy than

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Speaker 5: we've seen over the past couple of years.

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Speaker 3: Somebody said, I can't remember it was, might have been

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Speaker 3: asp said six percent. Do you see it peaking at

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Speaker 3: six percent?

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Speaker 5: No, we see unemployment peaking at five point.

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Speaker 3: Seven fo Yeah, exactly a good time. Good time to

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Speaker 3: fix your mortgage. There's the other thing I'm reading at

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Speaker 3: the moment. You've all anticipated, you guys, that Adrian's going

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Speaker 3: to do what Adrian's going to do. So the money

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Speaker 3: markets about where we need to be should we fix

443
00:19:49,520 --> 00:19:51,000
Speaker 3: long term.

444
00:19:51,600 --> 00:19:53,840
Speaker 5: So what we're seeing customers do as some of them

445
00:19:53,840 --> 00:19:56,040
Speaker 5: are going on to the variable rate just to wait

446
00:19:56,160 --> 00:19:59,000
Speaker 5: to see what happens. People are tending to fix a

447
00:19:59,000 --> 00:20:01,920
Speaker 5: bit shorter than they have done before. But we've reduced

448
00:20:01,960 --> 00:20:05,880
Speaker 5: our interest rates eight times since July, so it's definitely

449
00:20:06,400 --> 00:20:09,080
Speaker 5: a watching brief. And the other piece that's pretty exciting.

450
00:20:09,320 --> 00:20:12,080
Speaker 5: Is about a quarter of our customers have already rolled

451
00:20:12,080 --> 00:20:13,800
Speaker 5: on to lower rates by the end of this year,

452
00:20:14,200 --> 00:20:16,080
Speaker 5: and it will be more than three quarters of them

453
00:20:16,119 --> 00:20:18,800
Speaker 5: will be on lower rates in twelve months time. So

454
00:20:18,880 --> 00:20:21,160
Speaker 5: good to see that cost of borrowing coming down and.

455
00:20:21,119 --> 00:20:22,879
Speaker 3: That is when the money starts to flow. Appreciate it.

456
00:20:22,960 --> 00:20:26,040
Speaker 3: Katherine Catherine mcguaer, who's the CEO of Westpac. Eighteen minutes

457
00:20:26,040 --> 00:20:29,040
Speaker 3: away from seventh the out of Australia Thursday, which is

458
00:20:29,040 --> 00:20:31,040
Speaker 3: the asp here. Of course, an A and Z coming in.

459
00:20:31,080 --> 00:20:32,679
Speaker 3: They're the biggest bank, are the biggest player of the

460
00:20:32,680 --> 00:20:34,960
Speaker 3: market coming in on Friday, which brings us to of

461
00:20:35,000 --> 00:20:38,000
Speaker 3: course QW Bank survey this morning. Eighty five percent want

462
00:20:38,040 --> 00:20:39,680
Speaker 3: to own their own home. I've said this all along

463
00:20:39,680 --> 00:20:41,720
Speaker 3: and people don't seem to understand. I mean, you and

464
00:20:41,800 --> 00:20:44,240
Speaker 3: I do, but the people who run the country don't

465
00:20:44,240 --> 00:20:47,560
Speaker 3: seem to get it. We are desperate to own our home.

466
00:20:47,720 --> 00:20:50,760
Speaker 3: That's what we live for. We love owning a home

467
00:20:51,080 --> 00:20:52,919
Speaker 3: and you are never going to change that. It is

468
00:20:53,000 --> 00:20:56,959
Speaker 3: built into it, it is baked into our psyche. Unfortunately,

469
00:20:57,280 --> 00:20:59,240
Speaker 3: according to the SERBO, thirty two percent think it will

470
00:20:59,280 --> 00:21:02,480
Speaker 3: never happen, which isn't true because a certain ages and stages,

471
00:21:02,520 --> 00:21:04,360
Speaker 3: and you see it with your kids, they go through.

472
00:21:04,440 --> 00:21:05,840
Speaker 3: So I'm never going to own my own home. But

473
00:21:05,880 --> 00:21:07,480
Speaker 3: of course they're you know, twenty one, twenty two to

474
00:21:07,520 --> 00:21:08,879
Speaker 3: twenty three that haven't going to have been to the name.

475
00:21:08,880 --> 00:21:11,040
Speaker 3: They've got a student debt, they starting out. Of course,

476
00:21:11,040 --> 00:21:12,600
Speaker 3: they don't think they're ever going to hone it, but

477
00:21:12,640 --> 00:21:16,080
Speaker 3: they will because eighty five percent of us want to

478
00:21:16,080 --> 00:21:18,560
Speaker 3: own a home, and so it will come to pass. Interestingly,

479
00:21:18,600 --> 00:21:22,600
Speaker 3: as far as the millennials are concerned, it's thirty to

480
00:21:22,600 --> 00:21:24,840
Speaker 3: forty four year olds feeling the most locked out of

481
00:21:24,840 --> 00:21:27,359
Speaker 3: the market. Seventy percent of millennials feel locked out of

482
00:21:27,359 --> 00:21:30,360
Speaker 3: the market. If you took it forty five to fifty nine,

483
00:21:30,440 --> 00:21:32,480
Speaker 3: sixty three percent feel locked out, and the gen z

484
00:21:32,640 --> 00:21:34,640
Speaker 3: is fifty nine percent feel locked out. And I think

485
00:21:34,640 --> 00:21:39,160
Speaker 3: the most difficult part of the whole equation, Steve Yukovich

486
00:21:39,200 --> 00:21:42,000
Speaker 3: points out, is you deposit, which I've long argued for,

487
00:21:42,040 --> 00:21:44,320
Speaker 3: are way too high in this country. Needing twenty percent

488
00:21:44,359 --> 00:21:48,320
Speaker 3: of a million bucks is ridiculous. You need five percent

489
00:21:48,520 --> 00:21:50,520
Speaker 3: of a million bucks. And it's the adre in alls

490
00:21:50,520 --> 00:21:52,959
Speaker 3: of this world that are locking young people out. If

491
00:21:52,960 --> 00:21:55,600
Speaker 3: you can raise five percent of something, you're in a home.

492
00:21:55,680 --> 00:21:57,760
Speaker 3: And if you're in a home, you'll pay your bills

493
00:21:57,920 --> 00:22:00,360
Speaker 3: because history tells us you will too.

494
00:22:01,280 --> 00:22:05,800
Speaker 1: The Mic Asking Breakfast Full Show podcast on iHeartRadio, part

495
00:22:05,920 --> 00:22:06,600
Speaker 1: by News.

496
00:22:06,359 --> 00:22:08,480
Speaker 11: Talksp Molly Mike.

497
00:22:08,600 --> 00:22:12,080
Speaker 3: They're competitive, then why are they only offering interest rates

498
00:22:12,080 --> 00:22:14,200
Speaker 3: at exactly the same and they Westpac will only match

499
00:22:14,240 --> 00:22:15,920
Speaker 3: the four main banks, while Westpac is one of the

500
00:22:15,960 --> 00:22:18,159
Speaker 3: four main banks. But it's a not unreasonable question. I

501
00:22:18,200 --> 00:22:19,199
Speaker 3: shall answer it shortly.

502
00:22:19,200 --> 00:22:23,560
Speaker 14: Fourteen to two International Correspondence with Ends and Eye Insurance,

503
00:22:23,720 --> 00:22:25,720
Speaker 14: Peace of Mind for New Zealand Business and.

504
00:22:26,040 --> 00:22:28,840
Speaker 3: Joe McKenna, Very good morning to you, Good money, make

505
00:22:28,960 --> 00:22:31,320
Speaker 3: bonus edition of Joe McKenna this week. We're very excited

506
00:22:31,680 --> 00:22:35,080
Speaker 3: manufacturing in Italy. So you're down, down down what happened

507
00:22:35,119 --> 00:22:37,399
Speaker 3: to all the Ferraris and the Dultaan and Gabbano Cruz

508
00:22:37,440 --> 00:22:38,960
Speaker 3: where I mean, for goodness, say what are you doing?

509
00:22:39,640 --> 00:22:39,880
Speaker 12: Look?

510
00:22:39,880 --> 00:22:41,760
Speaker 17: There might still be a little bit of that going on,

511
00:22:41,880 --> 00:22:46,159
Speaker 17: but overall the Italian manufacturing activity is quite disappointing. Contracted

512
00:22:46,200 --> 00:22:50,840
Speaker 17: for the seventh consecutive month in October. That's not good

513
00:22:50,880 --> 00:22:54,880
Speaker 17: news for the Eurozone's third largest economy, and it's bad

514
00:22:54,920 --> 00:22:58,080
Speaker 17: news for the Maloney government, as the National Statistics Bureau

515
00:22:58,200 --> 00:23:01,639
Speaker 17: is said last month that Italian GDP had stagnated in

516
00:23:01,680 --> 00:23:04,600
Speaker 17: the third quarter compared to the previous three months. I

517
00:23:04,640 --> 00:23:08,919
Speaker 17: don't think this government is going to reach its economic forecasts,

518
00:23:09,000 --> 00:23:13,119
Speaker 17: expected to be one percent this year, and we're seeing

519
00:23:13,160 --> 00:23:17,240
Speaker 17: some downward revisions from the Economy Minister John Carloge or

520
00:23:17,280 --> 00:23:18,040
Speaker 17: Jetty as well.

521
00:23:18,200 --> 00:23:18,400
Speaker 6: Well.

522
00:23:18,440 --> 00:23:20,080
Speaker 3: It could be like us in going backwards. So I

523
00:23:20,080 --> 00:23:22,800
Speaker 3: suppose growth. Does it feel bleak? Though if you ask

524
00:23:22,800 --> 00:23:24,640
Speaker 3: one hundred people on the streets, does it feel bleak?

525
00:23:25,119 --> 00:23:27,359
Speaker 17: Look, it's very uneven, and it's always very hard to

526
00:23:27,400 --> 00:23:30,959
Speaker 17: tell in Rome because Rome is so buoyant with a

527
00:23:30,960 --> 00:23:34,040
Speaker 17: constant flow of tourism and the hospitality industry seems to

528
00:23:34,080 --> 00:23:38,040
Speaker 17: be booming. But I think more broadly, I think there

529
00:23:38,080 --> 00:23:39,840
Speaker 17: is a great deal of concern about the state of

530
00:23:39,840 --> 00:23:43,000
Speaker 17: the economy and manufacturing and industrial production.

531
00:23:43,520 --> 00:23:45,199
Speaker 3: Do tell me, because it was the first thing I

532
00:23:45,240 --> 00:23:46,919
Speaker 3: read in the very early hours of this morning that

533
00:23:46,960 --> 00:23:49,400
Speaker 3: the government, government, GYM and government's on the brink of collapse.

534
00:23:49,520 --> 00:23:52,280
Speaker 3: How real is that and how worried is the EU?

535
00:23:52,440 --> 00:23:55,760
Speaker 3: Given the size, power, influence and history of Germany. How

536
00:23:56,320 --> 00:23:57,840
Speaker 3: angsty do you get about that stuff?

537
00:23:58,800 --> 00:24:00,600
Speaker 17: Well, I was thinking about it today, Mike. I mean

538
00:24:01,119 --> 00:24:05,040
Speaker 17: the absence, for example, of Chancellor Angelo Merkele, I think

539
00:24:05,160 --> 00:24:07,159
Speaker 17: is still being felt in Europe. She was such a

540
00:24:07,240 --> 00:24:12,080
Speaker 17: strong presence and really put the EU on the map,

541
00:24:12,320 --> 00:24:16,000
Speaker 17: particularly dealing with issues across the Atlantic. Now this government

542
00:24:16,040 --> 00:24:20,159
Speaker 17: is looking increasingly shaky. There's plenty of infighting, political paralysis

543
00:24:20,200 --> 00:24:23,080
Speaker 17: and a faltering economy. But the main issue is that

544
00:24:23,119 --> 00:24:25,919
Speaker 17: we have a coalition of three different parties pulling in

545
00:24:25,960 --> 00:24:30,920
Speaker 17: different directions with different solutions to the economic situation. And

546
00:24:31,400 --> 00:24:34,000
Speaker 17: in particular, the Free Democratic Party, which is one of

547
00:24:34,000 --> 00:24:37,680
Speaker 17: the coalition members, has published a policy paper that is

548
00:24:37,760 --> 00:24:41,479
Speaker 17: quite controversial, talking about tax cuts and other sorts of

549
00:24:41,520 --> 00:24:44,880
Speaker 17: things that the government doesn't seem to agree with. So

550
00:24:44,920 --> 00:24:47,119
Speaker 17: there are all sorts of emergency talks going on at

551
00:24:47,160 --> 00:24:48,720
Speaker 17: the moment to try and hold it together.

552
00:24:49,080 --> 00:24:52,720
Speaker 3: Unreal. Of course, it was the migrants that brought Merkle down,

553
00:24:53,560 --> 00:24:56,119
Speaker 3: and you've got your own still years later, this migrant problem,

554
00:24:56,160 --> 00:24:59,280
Speaker 3: so Albania is on. Despite what we've been talking about

555
00:24:59,280 --> 00:25:00,000
Speaker 3: for the last few weeks.

556
00:25:00,040 --> 00:25:05,120
Speaker 17: All the court action exactly the Prime Minister Georgia Maloney

557
00:25:05,240 --> 00:25:08,200
Speaker 17: is adamant she's going to push ahead sending more migrants

558
00:25:08,200 --> 00:25:11,720
Speaker 17: to Albania. We're likely to see another shipment of migrants

559
00:25:12,840 --> 00:25:16,760
Speaker 17: in the Mediterranean tomorrow, heading to those offshore migrant centers,

560
00:25:16,840 --> 00:25:19,920
Speaker 17: because some have been picked up today. But she's got

561
00:25:19,920 --> 00:25:23,560
Speaker 17: another legal headache. The judges still seem to be pushing back,

562
00:25:23,600 --> 00:25:27,199
Speaker 17: sitting their own agenda. A Sicilian judge today scratched the

563
00:25:27,240 --> 00:25:32,159
Speaker 17: detention of an Egyptian asylum seeker, even though he hails

564
00:25:32,200 --> 00:25:35,000
Speaker 17: from a country that the Italian government says is safe

565
00:25:35,080 --> 00:25:36,520
Speaker 17: for repatriation.

566
00:25:36,880 --> 00:25:38,720
Speaker 3: Do you have a court Do you have a court issue?

567
00:25:38,720 --> 00:25:42,520
Speaker 3: I mean, are those courts broadly seen as interventionist?

568
00:25:43,760 --> 00:25:48,280
Speaker 17: Well, the government certainly sees it as a rival political power.

569
00:25:48,440 --> 00:25:52,159
Speaker 17: And we've already seen comments tonight from Matteo Slovini, the

570
00:25:52,160 --> 00:25:55,680
Speaker 17: Far League leader deputy Prime minister, saying, you know, he's

571
00:25:55,680 --> 00:25:59,480
Speaker 17: had enough of the judges interfering with government policy.

572
00:25:59,000 --> 00:26:01,240
Speaker 3: All right, must get up with you see your Thursday.

573
00:26:01,720 --> 00:26:04,399
Speaker 3: Joe mckinner out of Italy filling in for Catherine Field

574
00:26:04,400 --> 00:26:06,200
Speaker 3: for us this morning. It's already ten away from seven.

575
00:26:06,880 --> 00:26:11,920
Speaker 1: The costume breakfast with a feeder, retirement, communities, News Talks vs.

576
00:26:11,960 --> 00:26:12,160
Speaker 2: Mike.

577
00:26:12,200 --> 00:26:14,040
Speaker 3: I'm looking forward to Porsche having a fifty percent of

578
00:26:14,119 --> 00:26:16,920
Speaker 3: sale to help the German economy. You wish fun fact

579
00:26:16,920 --> 00:26:18,439
Speaker 3: of the weekend that I read? Do you know that

580
00:26:18,520 --> 00:26:21,520
Speaker 3: of all the Ferraris ever made, I mean, of ever,

581
00:26:22,640 --> 00:26:24,800
Speaker 3: ninety percent of them are still on the road. It's

582
00:26:24,840 --> 00:26:27,040
Speaker 3: not bad going, isn't it. Speaking of cars, By the way,

583
00:26:27,080 --> 00:26:29,040
Speaker 3: there's a very good Harry Is garage if you're into cars.

584
00:26:29,040 --> 00:26:32,399
Speaker 3: Harry's Garret Harry Maguire, very very well known proponent and

585
00:26:32,400 --> 00:26:36,119
Speaker 3: expert in cars. His latest podcast is a must watch

586
00:26:36,840 --> 00:26:40,120
Speaker 3: on what's happening in cars in tech tech. We never

587
00:26:40,200 --> 00:26:42,920
Speaker 3: asked for why the cost of cars? He talks mainly

588
00:26:42,960 --> 00:26:45,600
Speaker 3: about the British market, but it's applicable here. Why the

589
00:26:45,640 --> 00:26:48,040
Speaker 3: cost of cars is going up so much? And how

590
00:26:48,040 --> 00:26:50,840
Speaker 3: come the devaluation is so great and it's getting worse

591
00:26:50,880 --> 00:26:53,640
Speaker 3: and worse and worse, Morning Mike. If they're competitive, then

592
00:26:53,680 --> 00:26:55,879
Speaker 3: why are the interest rates the same? Well, they're the same, Ish,

593
00:26:55,920 --> 00:26:58,879
Speaker 3: They're not the same, but they're the same. Ish based

594
00:26:58,920 --> 00:27:01,040
Speaker 3: on the fact that money costs. It's what money costs,

595
00:27:01,480 --> 00:27:04,000
Speaker 3: and banks go to the marketplace and they get the

596
00:27:04,000 --> 00:27:05,439
Speaker 3: money for what they can get the money for, and

597
00:27:05,480 --> 00:27:08,320
Speaker 3: then they charge a margin. And unless you want banks

598
00:27:08,359 --> 00:27:11,080
Speaker 3: to lend you money for less than they paid for it,

599
00:27:11,160 --> 00:27:12,960
Speaker 3: which of course you do, but they're not going to,

600
00:27:13,520 --> 00:27:15,520
Speaker 3: then it ends up being pretty much what it is.

601
00:27:15,600 --> 00:27:17,359
Speaker 3: I mean, if Kiwi Bank boom tomorrow and there were

602
00:27:17,359 --> 00:27:19,560
Speaker 3: five majors instead of four majors, I guarantee you nothing

603
00:27:19,560 --> 00:27:22,159
Speaker 3: would change in the marketplace. Mike. The problem is that

604
00:27:22,200 --> 00:27:24,800
Speaker 3: if you drop the deposit to five percent, house prices

605
00:27:24,840 --> 00:27:26,560
Speaker 3: will go up. Un there's nothing wrong with that, and

606
00:27:26,600 --> 00:27:29,119
Speaker 3: then first time buyers won't qualify to borrow on the DTIs. Well,

607
00:27:29,119 --> 00:27:30,639
Speaker 3: that's part of my argument as well. You don't need

608
00:27:30,680 --> 00:27:33,680
Speaker 3: the DTI. It's it's all Adrian Awe and as conservatism.

609
00:27:33,720 --> 00:27:37,159
Speaker 3: To five percent deposit ten max, get people into the market,

610
00:27:37,160 --> 00:27:39,400
Speaker 3: get the housing market moving. It's not hard. We've been

611
00:27:39,400 --> 00:27:41,800
Speaker 3: doing it for years until Adrian came along. Five away

612
00:27:41,800 --> 00:27:45,040
Speaker 3: from seven all the ins and the ouse.

613
00:27:45,320 --> 00:27:49,440
Speaker 1: It's the fizz with business favor take your business productivity

614
00:27:49,520 --> 00:27:50,440
Speaker 1: to the next level.

615
00:27:50,520 --> 00:27:51,879
Speaker 3: And of course if you can't afford a house, you

616
00:27:51,920 --> 00:27:53,560
Speaker 3: can afford the liquor. And we all love a bit

617
00:27:53,600 --> 00:27:55,960
Speaker 3: of liquer So we've got the major brands. This is global.

618
00:27:56,000 --> 00:28:00,159
Speaker 3: They're reporting declines and sales remy control are absolutely that's

619
00:28:00,200 --> 00:28:05,400
Speaker 3: the bodka people are Joseu and Anhauser. The Anheuser people

620
00:28:05,440 --> 00:28:08,240
Speaker 3: make the beer anyway. Volumes are down three percent for

621
00:28:08,400 --> 00:28:11,160
Speaker 3: seven months of the year, more than forecasts. Are not good.

622
00:28:11,440 --> 00:28:17,080
Speaker 3: Every major category down, including tequila, whiskey, beer and wine.

623
00:28:17,240 --> 00:28:20,840
Speaker 3: REMI conkred they're the worst hit there. Stocks down fifty

624
00:28:20,880 --> 00:28:25,000
Speaker 3: percent for the year, double digit sales lost. Mind you,

625
00:28:25,560 --> 00:28:29,000
Speaker 3: Kanyak's a very limited market, isn't it. Ask the Chinese

626
00:28:29,080 --> 00:28:31,560
Speaker 3: and they're terroriffs anyway. US alone, sales are down twenty

627
00:28:31,560 --> 00:28:34,919
Speaker 3: two point eight percent. On the Cognac Pernoli can't are

628
00:28:34,920 --> 00:28:36,800
Speaker 3: they still in this building? I think they're in this building.

629
00:28:36,840 --> 00:28:37,119
Speaker 2: Weren't they?

630
00:28:37,160 --> 00:28:39,479
Speaker 3: I think they're in this building had similar results. They

631
00:28:39,480 --> 00:28:43,080
Speaker 3: made the likes of Jamison, Carlua car lewis disgusting. No wonders.

632
00:28:43,120 --> 00:28:45,719
Speaker 3: No one's buying that ten percent dropping sales with Q

633
00:28:45,800 --> 00:28:48,400
Speaker 3: three A couple of reasons for that. Everyone's going for

634
00:28:48,400 --> 00:28:51,800
Speaker 3: the cheap stuff. Post COVID, We've given up drinking because

635
00:28:51,840 --> 00:28:53,520
Speaker 3: we're all at home getting tanked. But now we don't.

636
00:28:53,560 --> 00:28:56,800
Speaker 3: We're out there exercising and buying fitbits and you know,

637
00:28:56,880 --> 00:28:59,520
Speaker 3: Aura rings, and we're getting out there and doing star jumps.

638
00:29:00,040 --> 00:29:03,719
Speaker 3: Other reason is cost. We're shifting to cheaper private labels,

639
00:29:03,720 --> 00:29:07,520
Speaker 3: big brand names. Aldi Eld in the US seen a

640
00:29:07,560 --> 00:29:10,600
Speaker 3: massive jump in sales overall their beer numbers at Eld.

641
00:29:10,760 --> 00:29:12,360
Speaker 3: It's not really beer, it's just they put some sort

642
00:29:12,400 --> 00:29:15,360
Speaker 3: of pisson a can and call it beer. It's up

643
00:29:15,400 --> 00:29:17,000
Speaker 3: one hundred percent because we like cheap.

644
00:29:17,080 --> 00:29:18,600
Speaker 15: Are you saying they have like a home brand beer?

645
00:29:18,960 --> 00:29:19,560
Speaker 2: They probably have a.

646
00:29:19,560 --> 00:29:21,160
Speaker 3: Home brand beer? Is that what they want to call it?

647
00:29:21,200 --> 00:29:23,440
Speaker 3: Whatever it is. Anyway, there's one category of drinks that

648
00:29:23,640 --> 00:29:28,280
Speaker 3: has seen a boots. Well, it's sort of Glenn kind of.

649
00:29:28,600 --> 00:29:31,720
Speaker 3: It's cocktails and a can. Yeah, baby, up two percent.

650
00:29:31,840 --> 00:29:35,040
Speaker 3: Cocktails in a can. Never have can? I just have it?

651
00:29:35,880 --> 00:29:37,840
Speaker 3: An old fashion in a can. I've never seen that

652
00:29:38,160 --> 00:29:38,760
Speaker 3: old fashioned?

653
00:29:38,800 --> 00:29:38,880
Speaker 6: What?

654
00:29:39,280 --> 00:29:41,640
Speaker 3: No, an old fashion? That's my favorite cocktail. It all

655
00:29:41,680 --> 00:29:42,200
Speaker 3: in a can.

656
00:29:42,480 --> 00:29:43,520
Speaker 1: No, I've never.

657
00:29:43,360 --> 00:29:44,240
Speaker 3: Seen one in a can.

658
00:29:44,240 --> 00:29:45,680
Speaker 15: Why can't you get one in a can?

659
00:29:45,760 --> 00:29:47,400
Speaker 11: There's an idea, somebody make one.

660
00:29:47,520 --> 00:29:49,680
Speaker 3: Why don't you make one and go get a can

661
00:29:49,720 --> 00:29:51,240
Speaker 3: and put an old fashion in it and call it

662
00:29:51,240 --> 00:29:54,360
Speaker 3: Glenn's old fashion le to sell a head news for you.

663
00:29:54,400 --> 00:29:57,120
Speaker 3: In a couple of moments, Prime Minister after seven thirty.

664
00:29:58,880 --> 00:30:02,960
Speaker 1: The newsmakers and the personalities the big names talk to,

665
00:30:03,320 --> 00:30:05,760
Speaker 1: like my costing, breakfast with the.

666
00:30:05,800 --> 00:30:09,400
Speaker 2: Range rover, the law designed to intrigue and use tog.

667
00:30:09,320 --> 00:30:11,400
Speaker 3: Sad by seven past seven, the well they keep saying,

668
00:30:11,440 --> 00:30:13,680
Speaker 3: it's the titles race. They've seen so far, over seventy

669
00:30:13,720 --> 00:30:16,160
Speaker 3: five million of the one hundred and thirty ish million

670
00:30:16,360 --> 00:30:18,440
Speaker 3: who will vote have cast their ballots. So what do

671
00:30:18,520 --> 00:30:20,680
Speaker 3: we know and what are we guessing? Polling analyst Henry

672
00:30:20,680 --> 00:30:22,960
Speaker 3: Elsen's back with us morning. Oh thank you for having

673
00:30:23,000 --> 00:30:24,920
Speaker 3: me back and not at all? Is it too tight

674
00:30:25,000 --> 00:30:27,200
Speaker 3: to call? Or can you do it confidently?

675
00:30:27,800 --> 00:30:30,600
Speaker 15: I do have a prediction. I think Trump will win narrowly.

676
00:30:30,880 --> 00:30:34,520
Speaker 15: I don't have like an eighty percent confidence level with that,

677
00:30:34,800 --> 00:30:37,160
Speaker 15: but I think it's more likely than not that Trump

678
00:30:37,200 --> 00:30:39,320
Speaker 15: will have a narrow electoral college factory.

679
00:30:39,160 --> 00:30:41,040
Speaker 3: Will break that down on the moment. Having read a

680
00:30:41,080 --> 00:30:43,360
Speaker 3: lot of poles, myself not as many as you, what

681
00:30:43,560 --> 00:30:46,360
Speaker 3: do you base it on? What will unfold? Do you think?

682
00:30:46,880 --> 00:30:47,120
Speaker 6: Well?

683
00:30:47,240 --> 00:30:49,920
Speaker 15: I wrote a piece explaining this in the New York

684
00:30:49,920 --> 00:30:54,280
Speaker 15: post and a data piece accompanying that. What I think

685
00:30:54,400 --> 00:30:57,240
Speaker 15: is that the country is shifted to the right. You

686
00:30:57,360 --> 00:30:59,000
Speaker 15: see that in all the polls, you see it in

687
00:30:59,040 --> 00:31:03,800
Speaker 15: partisan registration data, and that Harris is not winning independence

688
00:31:03,840 --> 00:31:06,600
Speaker 15: by enough to offset that. So Harris can win the

689
00:31:06,640 --> 00:31:09,480
Speaker 15: popular vote, but under narrowly, but under our system, the

690
00:31:09,520 --> 00:31:13,360
Speaker 15: electoral college elect and it looks like to me Trump

691
00:31:13,400 --> 00:31:16,400
Speaker 15: is going to win enough of those states to win

692
00:31:16,560 --> 00:31:18,000
Speaker 15: a majority in electoral college.

693
00:31:18,360 --> 00:31:20,239
Speaker 3: You not only call the electoral college, but you do,

694
00:31:20,320 --> 00:31:22,560
Speaker 3: I think, call the popular vote as well. That would

695
00:31:22,600 --> 00:31:25,719
Speaker 3: be quite the victory if he pulls that off, wouldn't it.

696
00:31:25,720 --> 00:31:29,520
Speaker 15: It would call Harris winning the popular vote by a

697
00:31:29,600 --> 00:31:33,000
Speaker 15: shade over one percent, which would be three percent less

698
00:31:33,040 --> 00:31:35,320
Speaker 15: than Biden one buy. And it would be the closest

699
00:31:35,400 --> 00:31:37,920
Speaker 15: margin that Trump has lost the popular vote by during

700
00:31:37,960 --> 00:31:40,920
Speaker 15: his three presidential elections. You know, the poll show he's

701
00:31:40,960 --> 00:31:43,960
Speaker 15: doing better with non whites, and I think people are

702
00:31:44,000 --> 00:31:44,960
Speaker 15: willing to give him a chance.

703
00:31:45,200 --> 00:31:47,920
Speaker 3: Is it the economy? The economy, the economy.

704
00:31:47,760 --> 00:31:51,120
Speaker 15: And immigration, immigration, immigration, The two things are mixed, You

705
00:31:51,160 --> 00:31:54,400
Speaker 15: know that you put it in context, we had something

706
00:31:54,480 --> 00:31:57,960
Speaker 15: like eight million people try and cross the border illegally

707
00:31:58,000 --> 00:32:00,880
Speaker 15: in the last three years. You know, it a huge number,

708
00:32:00,920 --> 00:32:04,680
Speaker 15: twice the population of New Zealand, but you know it's

709
00:32:04,960 --> 00:32:07,880
Speaker 15: almost three percent of our population. Imagine if you had

710
00:32:08,320 --> 00:32:11,720
Speaker 15: one hundred and fifty thousand people storming Auckland and trying

711
00:32:11,760 --> 00:32:14,880
Speaker 15: to get in. That's what we've had here. And the

712
00:32:14,920 --> 00:32:18,160
Speaker 15: combination of inflation and immigration is what's pueling Trump's lead.

713
00:32:18,360 --> 00:32:21,200
Speaker 3: So if you take those two issues, that's where Harris

714
00:32:21,240 --> 00:32:23,760
Speaker 3: fell apart. Because she's been in office for three and

715
00:32:23,800 --> 00:32:26,000
Speaker 3: a half years, could have done something about it, didn't.

716
00:32:26,040 --> 00:32:27,680
Speaker 3: People giving up on that. Is that fair?

717
00:32:28,080 --> 00:32:30,479
Speaker 15: Yeah? I think that's exactly fair. The fact is Biden

718
00:32:31,160 --> 00:32:36,720
Speaker 15: is arguably the lowest rated first term president in the

719
00:32:36,760 --> 00:32:40,120
Speaker 15: history of polling, basically up there with Jimmy Carter who

720
00:32:40,160 --> 00:32:43,280
Speaker 15: lost a landslide victory to Ronald Reagan, and less popular

721
00:32:43,360 --> 00:32:46,480
Speaker 15: than Donald Trump was at this time four years ago,

722
00:32:47,080 --> 00:32:50,360
Speaker 15: and it's very hard for Harris to overcome that legacy.

723
00:32:50,400 --> 00:32:53,480
Speaker 15: Had she been had they chosen somebody who wasn't the

724
00:32:53,560 --> 00:32:56,200
Speaker 15: vice president, I think the Democrats would be looking at

725
00:32:56,200 --> 00:32:56,640
Speaker 15: a victory.

726
00:32:56,840 --> 00:32:59,040
Speaker 3: This is getting into the slotly esoteric, but when you

727
00:32:59,080 --> 00:33:01,600
Speaker 3: go back to the previous Biden was allegedly the only

728
00:33:01,680 --> 00:33:04,080
Speaker 3: person who could stop Trump getting a second term. So

729
00:33:04,240 --> 00:33:06,480
Speaker 3: did they not think beyond that, did they not think

730
00:33:06,520 --> 00:33:08,440
Speaker 3: that Biden would look too old, that it would be

731
00:33:08,480 --> 00:33:10,160
Speaker 3: a problem. And if it was a problem, what do

732
00:33:10,240 --> 00:33:12,280
Speaker 3: they do? And if they did something like Harris, that

733
00:33:12,400 --> 00:33:14,280
Speaker 3: was going to buy them the trouble they've now got.

734
00:33:14,600 --> 00:33:16,880
Speaker 15: Yeah, well, I think you've got two decision points. First

735
00:33:16,920 --> 00:33:20,560
Speaker 15: of the decision point of last year, when an ambitious

736
00:33:20,600 --> 00:33:23,880
Speaker 15: person could have taken Bidenine and the Democratic primary and

737
00:33:24,000 --> 00:33:26,000
Speaker 15: forced them to campaign. I think what we would have

738
00:33:26,040 --> 00:33:28,280
Speaker 15: seen is what we saw in July, which is a

739
00:33:28,280 --> 00:33:30,479
Speaker 15: man who was too old to do the job. But

740
00:33:30,560 --> 00:33:32,880
Speaker 15: nobody's willing to take the rest because if you lose,

741
00:33:32,960 --> 00:33:35,120
Speaker 15: if you don't kill the king, the king kills you,

742
00:33:35,320 --> 00:33:36,920
Speaker 15: and that's the end of your career. And so that

743
00:33:37,320 --> 00:33:39,560
Speaker 15: let Biden slide to the summertime. And once they let

744
00:33:39,560 --> 00:33:42,480
Speaker 15: it slide to the summertime, it was either Harris or

745
00:33:42,480 --> 00:33:44,800
Speaker 15: a massy fight, and they chose to have Harris rather

746
00:33:44,840 --> 00:33:45,480
Speaker 15: than the messy fight.

747
00:33:45,520 --> 00:33:47,360
Speaker 3: All right, Henry, nice to have you back on the program.

748
00:33:47,360 --> 00:33:51,040
Speaker 3: Henry Elson famed Polster Ahead of tomorrow eleven past seven,

749
00:33:51,200 --> 00:33:53,800
Speaker 3: Pascal A cmore change coming to a maths class near. Ye,

750
00:33:53,920 --> 00:33:55,959
Speaker 3: it's a new tutoring program that giving a world two

751
00:33:56,000 --> 00:33:58,000
Speaker 3: thousand intermediate students are going to take part in a

752
00:33:58,000 --> 00:34:00,720
Speaker 3: twelve week trial early next to you. Student will have

753
00:34:00,760 --> 00:34:03,160
Speaker 3: access to four thirty minute sessions a week, So it

754
00:34:03,200 --> 00:34:06,480
Speaker 3: sounds fairly intensive. Founder of the Education Hub, doctor Nina Hood,

755
00:34:06,760 --> 00:34:07,880
Speaker 3: is back. Well, there's Nina Morning.

756
00:34:08,680 --> 00:34:09,480
Speaker 18: Good morning mate.

757
00:34:09,480 --> 00:34:10,399
Speaker 3: Broadly you like it?

758
00:34:11,600 --> 00:34:13,920
Speaker 18: I do? I mean, I think we know that there

759
00:34:13,920 --> 00:34:16,759
Speaker 18: are a number of students across our primary schools that

760
00:34:17,040 --> 00:34:19,560
Speaker 18: are not where they need to be at math, and

761
00:34:19,800 --> 00:34:21,640
Speaker 18: we need to do something in order to get them

762
00:34:21,680 --> 00:34:25,240
Speaker 18: much speed and small group interventional one on one tutoring

763
00:34:25,400 --> 00:34:27,200
Speaker 18: is one of the most effective means we have to

764
00:34:27,239 --> 00:34:27,480
Speaker 18: do that.

765
00:34:27,760 --> 00:34:30,520
Speaker 3: So if I get if I were given four thirty

766
00:34:30,560 --> 00:34:33,239
Speaker 3: minute sessions a week for twelve weeks, will I crack it?

767
00:34:33,640 --> 00:34:34,240
Speaker 3: In general?

768
00:34:35,680 --> 00:34:37,960
Speaker 18: So I think you'd get a long way there. You know,

769
00:34:38,080 --> 00:34:40,279
Speaker 18: each student's different in each student and to be at

770
00:34:40,320 --> 00:34:43,400
Speaker 18: a different stage, but you're definitely going to see progression.

771
00:34:43,719 --> 00:34:46,680
Speaker 18: As long as the tutoring interventions effective, you should see

772
00:34:46,760 --> 00:34:47,600
Speaker 18: quite a lot of progress.

773
00:34:47,880 --> 00:34:49,759
Speaker 3: Last time I had Erica on the program Minister of

774
00:34:49,840 --> 00:34:52,759
Speaker 3: Education and asked her about this, She scolded me. I

775
00:34:52,840 --> 00:34:55,680
Speaker 3: suggested that maths is a bit unique. Some of us

776
00:34:55,680 --> 00:34:58,320
Speaker 3: get at some of us don't. She says, that's not true.

777
00:34:58,400 --> 00:34:58,960
Speaker 3: Is she right?

778
00:35:00,080 --> 00:35:00,600
Speaker 6: Here's right.

779
00:35:00,960 --> 00:35:03,560
Speaker 18: I think everyone can get maths. It's just making sure

780
00:35:03,600 --> 00:35:06,200
Speaker 18: that you're taught in the way that builds up the

781
00:35:06,239 --> 00:35:09,040
Speaker 18: knowledge sequentially. And what we know is that a lot

782
00:35:09,120 --> 00:35:12,560
Speaker 18: of children don't get those basic skills, which then prevents

783
00:35:12,560 --> 00:35:15,560
Speaker 18: them from going on and doing more advanced maths.

784
00:35:15,800 --> 00:35:18,600
Speaker 3: What I like about Erica Stanford, forget the politics for

785
00:35:18,640 --> 00:35:21,880
Speaker 3: a moment, is she seems determined to get stuff rolling

786
00:35:22,040 --> 00:35:25,719
Speaker 3: and kids are being forced into doing this. You know,

787
00:35:25,760 --> 00:35:28,040
Speaker 3: there's a work book and there's this trial, et cetera.

788
00:35:28,520 --> 00:35:30,440
Speaker 3: Are we on the right track? Do you think?

789
00:35:31,640 --> 00:35:35,080
Speaker 18: I think, broadly speaking, yes we are. I think the

790
00:35:35,120 --> 00:35:37,920
Speaker 18: Minister's identified a number of key challenges we have in

791
00:35:37,960 --> 00:35:40,600
Speaker 18: the system and is putting steps in place in order

792
00:35:40,640 --> 00:35:41,319
Speaker 18: to accress those.

793
00:35:41,640 --> 00:35:43,840
Speaker 3: And the reason she said that intermedia is there the

794
00:35:43,920 --> 00:35:45,719
Speaker 3: last lot before they go to high school and they're

795
00:35:45,719 --> 00:35:49,360
Speaker 3: desperate to improve things. How broad, how wide? How big

796
00:35:49,840 --> 00:35:52,279
Speaker 3: does this whole thing need to be to get everybody?

797
00:35:52,320 --> 00:35:53,880
Speaker 3: In other words, we fix the system?

798
00:35:55,320 --> 00:35:57,719
Speaker 18: I mean, ultimately we need to go the whole way

799
00:35:57,719 --> 00:36:00,680
Speaker 18: across the primary yet. But I think what the ministers

800
00:36:00,680 --> 00:36:04,400
Speaker 18: also suggesting is that if we get instruction right, so

801
00:36:04,520 --> 00:36:08,000
Speaker 18: through the curriculum, through better pedagogy being used in our

802
00:36:08,040 --> 00:36:10,839
Speaker 18: primary schools, we're going to see over time, pure and

803
00:36:10,880 --> 00:36:14,640
Speaker 18: pure intermediate students who are needing this type of intervention.

804
00:36:14,920 --> 00:36:16,640
Speaker 18: But at the moment we have quite a few who

805
00:36:16,680 --> 00:36:18,760
Speaker 18: are needing it. So this is a really great place

806
00:36:18,800 --> 00:36:21,040
Speaker 18: to focus at this point in time.

807
00:36:21,160 --> 00:36:23,320
Speaker 3: Always good to have you on the program, Nina, doctor Ninahood,

808
00:36:23,360 --> 00:36:25,640
Speaker 3: who's the education have found a thirteen minutes past seven

809
00:36:26,080 --> 00:36:28,759
Speaker 3: Pascar's what Katie turns up with yesterday and the lounge

810
00:36:29,200 --> 00:36:33,440
Speaker 3: Christmas Tree. I said, You've got to be kidding.

811
00:36:33,680 --> 00:36:34,399
Speaker 11: It seems late.

812
00:36:35,400 --> 00:36:37,719
Speaker 15: It's I feel like it went out first first of

813
00:36:37,760 --> 00:36:38,640
Speaker 15: November last year.

814
00:36:38,680 --> 00:36:40,880
Speaker 3: Maybe it did. Maybe it is late. Maybe she's disorganized.

815
00:36:40,920 --> 00:36:45,239
Speaker 3: And what's in our entrance way wreaths your updoors are

816
00:36:45,320 --> 00:36:47,239
Speaker 3: breaths all over the place. I says, far too early

817
00:36:47,280 --> 00:36:49,280
Speaker 3: for Christmas. And that's before I get to my barbecue problem,

818
00:36:49,280 --> 00:36:51,920
Speaker 3: which I must raise with you later. Fourteen past the.

819
00:36:52,840 --> 00:36:57,239
Speaker 1: Mike Asking Breakfast Full Show podcast on iHeartRadio powered by

820
00:36:57,280 --> 00:36:58,080
Speaker 1: News talks at be.

821
00:36:58,360 --> 00:37:00,640
Speaker 3: Mike, I feel you're paying. My wife's fully created our

822
00:37:00,680 --> 00:37:03,120
Speaker 3: house already. Might relax. There are three in our lounge

823
00:37:03,120 --> 00:37:05,960
Speaker 3: for goodness sake. Sixteen past seven So Melbourne Cup Day three.

824
00:37:05,960 --> 00:37:08,479
Speaker 3: New Zealand trained horses lining up today picking the Bunch

825
00:37:08,520 --> 00:37:10,720
Speaker 3: three time Group one whin a sharp and smart trained

826
00:37:10,719 --> 00:37:13,240
Speaker 3: of course by husband and wife Graham and Debbie Rogerson

827
00:37:13,280 --> 00:37:15,160
Speaker 3: two thousand and seven. They won the lot with efficient

828
00:37:15,239 --> 00:37:17,200
Speaker 3: so they know what they're doing anyway. We talk with

829
00:37:17,480 --> 00:37:18,680
Speaker 3: Debbie Rogerson yesterday.

830
00:37:19,600 --> 00:37:20,799
Speaker 4: Yeah, good morning to you. Though.

831
00:37:21,160 --> 00:37:23,560
Speaker 3: Where does the year start for you in terms of

832
00:37:23,640 --> 00:37:25,840
Speaker 3: targeting the first Tuesday in November.

833
00:37:26,600 --> 00:37:29,879
Speaker 4: Yes, it's been a long journey. It probably started in

834
00:37:30,560 --> 00:37:33,280
Speaker 4: February this year, and you're.

835
00:37:33,160 --> 00:37:35,160
Speaker 3: Feeling good about your prospects.

836
00:37:35,400 --> 00:37:39,919
Speaker 4: We're very very happy with the horse. Couldn't be more

837
00:37:39,960 --> 00:37:44,200
Speaker 4: than happy either way. Everything's just fallen into place and

838
00:37:44,760 --> 00:37:46,560
Speaker 4: looking very forward to tomorrow.

839
00:37:46,600 --> 00:37:48,680
Speaker 3: Does it get any more fun when you've had a

840
00:37:48,680 --> 00:37:50,720
Speaker 3: bit of experience and a bit of success.

841
00:37:50,440 --> 00:37:56,920
Speaker 4: Like you have, it's enjoyable a lot of a lot

842
00:37:56,960 --> 00:38:03,359
Speaker 4: of pressure and once the day is over you can

843
00:38:03,880 --> 00:38:07,080
Speaker 4: have a relief and it is enjoyable on the day

844
00:38:07,320 --> 00:38:10,120
Speaker 4: and it's exciting, but there is a lot of pressure

845
00:38:10,120 --> 00:38:11,600
Speaker 4: going into a race like this too.

846
00:38:11,840 --> 00:38:14,120
Speaker 3: How much of it's luck of the day versus preparation

847
00:38:14,280 --> 00:38:14,800
Speaker 3: and training.

848
00:38:16,200 --> 00:38:18,520
Speaker 4: Well, a lot of it is the preparation and training,

849
00:38:18,600 --> 00:38:20,719
Speaker 4: and then also a lot of luck on the day,

850
00:38:20,800 --> 00:38:22,960
Speaker 4: luck in the running, track conditions, etc.

851
00:38:23,640 --> 00:38:25,600
Speaker 3: And what about the day itself? How does the day

852
00:38:25,640 --> 00:38:27,480
Speaker 3: unfold for you? And do you get sick of the

853
00:38:27,480 --> 00:38:29,279
Speaker 3: build up? The build up, the build up and you

854
00:38:29,400 --> 00:38:30,560
Speaker 3: just like to get on with it.

855
00:38:32,360 --> 00:38:34,520
Speaker 4: That's sort of the way it feels like at the moment.

856
00:38:34,560 --> 00:38:36,960
Speaker 4: I can't wait for tomorrow to roll on, to be honest,

857
00:38:37,239 --> 00:38:39,680
Speaker 4: because it's been a long journey to get here, a

858
00:38:39,719 --> 00:38:43,480
Speaker 4: lot of pressure, so I'm looking very hard to tomorrow

859
00:38:43,520 --> 00:38:44,080
Speaker 4: to be over with.

860
00:38:44,520 --> 00:38:46,120
Speaker 3: And what about the weather and track?

861
00:38:47,480 --> 00:38:50,040
Speaker 4: The weather has been fantastic here and the track will

862
00:38:50,080 --> 00:38:52,840
Speaker 4: be a good three which that will suit it, so

863
00:38:53,800 --> 00:38:55,600
Speaker 4: that's really our favor as well.

864
00:38:55,920 --> 00:38:57,560
Speaker 3: Will you have a sense in the morning, in the

865
00:38:57,600 --> 00:38:59,359
Speaker 3: early hours of the morning, will you have a sense

866
00:38:59,360 --> 00:39:00,960
Speaker 3: whether the horse right and we're set to go? Do

867
00:39:01,000 --> 00:39:02,239
Speaker 3: you get a vibe like that or not?

868
00:39:03,239 --> 00:39:04,960
Speaker 4: Yes, we do, you know, We've been working with him

869
00:39:04,960 --> 00:39:07,120
Speaker 4: all the right through while we've been here and this

870
00:39:07,160 --> 00:39:08,959
Speaker 4: morning he come off the track.

871
00:39:09,000 --> 00:39:09,800
Speaker 3: He was bright.

872
00:39:10,280 --> 00:39:13,439
Speaker 4: Heyet his couple of rolls in his role and he's

873
00:39:13,600 --> 00:39:16,719
Speaker 4: very bright, happy and he's really in the zone. And

874
00:39:16,880 --> 00:39:18,879
Speaker 4: like you say, tomorrow morning too, I'll give us even

875
00:39:18,920 --> 00:39:22,400
Speaker 4: more confidence how bright he is. And just little things

876
00:39:22,480 --> 00:39:24,080
Speaker 4: that you know about the horse.

877
00:39:24,239 --> 00:39:27,680
Speaker 3: Fantastic. Debbie Rogerson. We recorded her yesterday because of course

878
00:39:27,680 --> 00:39:29,759
Speaker 3: she's she's got to get in the zone for this morning.

879
00:39:29,840 --> 00:39:31,640
Speaker 3: Of course, in the early hours of the Melbourne morning. Now,

880
00:39:31,680 --> 00:39:34,160
Speaker 3: how do we get onto this online utery? Mic. We're

881
00:39:34,160 --> 00:39:35,920
Speaker 3: paying one hundred dollars an hour for our year ate

882
00:39:36,000 --> 00:39:37,879
Speaker 3: wor at Crimson Academy. Is he's top of his class

883
00:39:37,920 --> 00:39:40,560
Speaker 3: and he's not being taught anything. It's a trial at

884
00:39:40,560 --> 00:39:42,840
Speaker 3: this point of the trial goes well, then they'll spread

885
00:39:42,840 --> 00:39:45,399
Speaker 3: it out around the intermediates into the primaries. Mike, it's

886
00:39:45,440 --> 00:39:48,480
Speaker 3: not just the bottom that's need lifting, but the whole range.

887
00:39:48,480 --> 00:39:50,680
Speaker 3: I think we'd all agree with that. Christmas, Mike tel Katie,

888
00:39:50,680 --> 00:39:53,520
Speaker 3: fifth of December till the fifth of January. Too early.

889
00:39:53,600 --> 00:39:56,000
Speaker 3: Thank you, Ann, Thanks goodness, someone's on my side. This

890
00:39:56,120 --> 00:39:58,440
Speaker 3: was a good one. Yesterday in the postcap press conference

891
00:39:58,440 --> 00:40:01,160
Speaker 3: with the Prime Minister cancer drugs. I have simpathy Mike

892
00:40:01,200 --> 00:40:03,480
Speaker 3: and empathy with their quest. But I think that any

893
00:40:03,520 --> 00:40:06,200
Speaker 3: group that asks for more money must be starting to

894
00:40:06,239 --> 00:40:09,440
Speaker 3: ask where to get the money from. What was revealing

895
00:40:09,520 --> 00:40:12,080
Speaker 3: And I like Luxeon's honesty about this because of course,

896
00:40:12,120 --> 00:40:14,400
Speaker 3: as always, I mean, everyone's lined up to ask for

897
00:40:14,440 --> 00:40:17,160
Speaker 3: more money. What about the cancer trucks, what about the

898
00:40:17,160 --> 00:40:17,879
Speaker 3: promises you made?

899
00:40:17,880 --> 00:40:18,239
Speaker 6: And so on?

900
00:40:18,680 --> 00:40:21,439
Speaker 3: And they said they do it in Australia, but not here,

901
00:40:21,520 --> 00:40:26,400
Speaker 3: And Luckson said, Australia is wealthier than us. New South

902
00:40:26,440 --> 00:40:31,440
Speaker 3: Wales is thirty five percent wealthier than we are. And

903
00:40:31,480 --> 00:40:33,480
Speaker 3: you can't argue with that. Ask for all the money

904
00:40:33,520 --> 00:40:35,719
Speaker 3: you want, but guess what, you've got to have the

905
00:40:35,760 --> 00:40:38,279
Speaker 3: money in the first place, and we don't. Anyway. We'll

906
00:40:38,280 --> 00:40:40,080
Speaker 3: talk more about that shortly seven twenty.

907
00:40:41,640 --> 00:40:46,239
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio car

908
00:40:46,360 --> 00:40:47,320
Speaker 1: it by News Talk.

909
00:40:47,239 --> 00:40:51,480
Speaker 3: ZEP Mike Light's up weekend before Christmas. That's enough makes

910
00:40:51,480 --> 00:40:54,200
Speaker 3: it fun, Otherwise it's boring. If you're a business leader,

911
00:40:54,200 --> 00:40:56,640
Speaker 3: by the way, and you're looking for investment opportunities, risk

912
00:40:56,719 --> 00:40:59,600
Speaker 3: free return on investment of five hundred percent, how does

913
00:40:59,600 --> 00:41:02,080
Speaker 3: that sound sounds unbelievable, but it can be true. By

914
00:41:02,120 --> 00:41:05,000
Speaker 3: letting your knowledge workers harness the power of you got

915
00:41:05,000 --> 00:41:07,440
Speaker 3: it AI, you're going to generate a very high return

916
00:41:07,480 --> 00:41:09,880
Speaker 3: on investment. So remove the routine that boring work from

917
00:41:09,920 --> 00:41:12,760
Speaker 3: their day. Returns are going to accelerate. They'll make better decisions,

918
00:41:12,800 --> 00:41:16,160
Speaker 3: come up with innovative ideas around AI. But how can

919
00:41:16,160 --> 00:41:18,920
Speaker 3: you provide them with access to this safely and securely? Well,

920
00:41:18,920 --> 00:41:20,520
Speaker 3: this is where one net come in. Of course they've

921
00:41:20,520 --> 00:41:22,480
Speaker 3: got the answer. They got as sister company and they

922
00:41:22,520 --> 00:41:25,160
Speaker 3: call it Grizzly AI. They built a safe and secure

923
00:41:25,160 --> 00:41:28,399
Speaker 3: path the risk averse businesses to access generative AI. Low

924
00:41:28,440 --> 00:41:31,120
Speaker 3: touch software works right out of the box, great user experience,

925
00:41:31,200 --> 00:41:33,839
Speaker 3: no integrations, no training, no delays. So if you need

926
00:41:33,880 --> 00:41:35,719
Speaker 3: to make a profit, go to one net dot co

927
00:41:35,840 --> 00:41:37,719
Speaker 3: dot nz. You got that one net, dot co dot

928
00:41:37,920 --> 00:41:40,160
Speaker 3: z start the free seven day trial of Grizzly AI.

929
00:41:40,680 --> 00:41:43,320
Speaker 3: Got the white paper how grizzly AI can generate a

930
00:41:43,320 --> 00:41:46,000
Speaker 3: five hundred percent plus return on your investment for your business,

931
00:41:46,160 --> 00:41:49,080
Speaker 3: So it is all good news. One net plus Grizzly

932
00:41:49,080 --> 00:41:53,439
Speaker 3: AI helping you to succeed in business. Asking seven twenty

933
00:41:53,440 --> 00:41:55,360
Speaker 3: four one of the many things I failed to truly

934
00:41:55,440 --> 00:41:58,520
Speaker 3: understand about this election is just what it is they

935
00:41:58,520 --> 00:42:00,719
Speaker 3: think Jennifer Anderston or Harrison All is going to do

936
00:42:00,800 --> 00:42:03,800
Speaker 3: for your vote. The celebrity endorsement has been a mainstay

937
00:42:03,840 --> 00:42:06,359
Speaker 3: of the Democrats campaign, mainly because there are very few

938
00:42:06,400 --> 00:42:09,480
Speaker 3: so called famous people in places like Hollywood that aren't liberals.

939
00:42:09,719 --> 00:42:12,800
Speaker 3: She has not been short of choice. At some point

940
00:42:13,160 --> 00:42:16,320
Speaker 3: I decided it started to look a bit desperate. Lebron

941
00:42:16,760 --> 00:42:19,080
Speaker 3: John bond jov over the weekend with the song Bruce

942
00:42:19,080 --> 00:42:21,839
Speaker 3: Springsteen's an old favorite Lady Gaga, and of course if

943
00:42:21,840 --> 00:42:24,520
Speaker 3: they managed to roll out Tea Squiz, it's reached peak

944
00:42:24,560 --> 00:42:27,680
Speaker 3: endorsement or peak panic. One or the other. Tea Swizz

945
00:42:27,719 --> 00:42:29,560
Speaker 3: has already endorsed, of course, but it seems it's better

946
00:42:29,600 --> 00:42:31,640
Speaker 3: if you actually show up and sing a song. Jennifer

947
00:42:31,640 --> 00:42:33,959
Speaker 3: Lopez showed up over the weekend, but she didn't sing,

948
00:42:34,360 --> 00:42:37,760
Speaker 3: but she did manage to look sensationally earnest. My suggestion

949
00:42:37,960 --> 00:42:40,560
Speaker 3: is this celebs a robust. They are not what they

950
00:42:40,640 --> 00:42:42,359
Speaker 3: used to be. I mean, I love Lebron, I love

951
00:42:42,400 --> 00:42:44,759
Speaker 3: what he's about, I love how good he is, and

952
00:42:44,800 --> 00:42:47,000
Speaker 3: he can vote anyway he wants I still love him,

953
00:42:47,160 --> 00:42:48,640
Speaker 3: but he's never going to tell me how to vote,

954
00:42:48,640 --> 00:42:51,000
Speaker 3: no matter which way I vote. Could he sway an

955
00:42:51,080 --> 00:42:55,439
Speaker 3: impressionable eighteen year old sports freak. Maybe maybe that's why

956
00:42:55,440 --> 00:42:57,799
Speaker 3: he's out there. But a lot of them aren't of

957
00:42:57,920 --> 00:43:00,560
Speaker 3: Lebron's weightiness. A lot of them are a shallow a puddle.

958
00:43:00,880 --> 00:43:03,320
Speaker 3: And that is modern celebrity for you. This isn't carry

959
00:43:03,360 --> 00:43:05,640
Speaker 3: Grant Luci or Ball or Sean Connery, the days of

960
00:43:05,680 --> 00:43:08,160
Speaker 3: mystery and intrigue. These are the days of TikTok, where

961
00:43:08,200 --> 00:43:11,279
Speaker 3: these people are so omnipresent they could be our mailman. Hence,

962
00:43:11,320 --> 00:43:14,759
Speaker 3: the star powers dimmed, the influences faded. The idea that

963
00:43:14,800 --> 00:43:18,919
Speaker 3: we can't think for ourselves is preposterous. If celebrities worked,

964
00:43:19,120 --> 00:43:22,399
Speaker 3: this would be a landslide. And yet it isn't. It's

965
00:43:22,719 --> 00:43:27,160
Speaker 3: Trump and Hulk Hogan versus Harrison, virtually the entire film

966
00:43:27,200 --> 00:43:30,400
Speaker 3: and music industry. Somehow the Dems have missed the memo.

967
00:43:30,520 --> 00:43:33,640
Speaker 3: And if they lose, what's that say about the entire

968
00:43:33,680 --> 00:43:37,160
Speaker 3: film and music industry? Cosking, And of course it's all

969
00:43:37,200 --> 00:43:39,600
Speaker 3: guestwork at this particular point in time. And you can

970
00:43:39,640 --> 00:43:40,920
Speaker 3: look to the poles and you can look to the

971
00:43:40,960 --> 00:43:43,000
Speaker 3: trends and you can look at the surges. I read

972
00:43:43,000 --> 00:43:45,360
Speaker 3: a very interesting piece on the ABC, ABC being the

973
00:43:45,360 --> 00:43:49,600
Speaker 3: Australian Broadcasting Corporation, and you can get it by a

974
00:43:49,600 --> 00:43:53,080
Speaker 3: woman called Lee Sales. Lee Sales joian of Australian Broadcasting,

975
00:43:53,200 --> 00:43:55,560
Speaker 3: host of the seven PM television program Till she's sort

976
00:43:55,560 --> 00:43:57,960
Speaker 3: of semi retired or wandered off to write pieces that

977
00:43:58,000 --> 00:44:01,239
Speaker 3: she wrote the other day that I read's history is instructive,

978
00:44:01,280 --> 00:44:04,040
Speaker 3: and she's a liberal. She reckons history is instructive. They've

979
00:44:04,040 --> 00:44:06,319
Speaker 3: never elected a woman and they're not about to. I mean,

980
00:44:06,360 --> 00:44:09,160
Speaker 3: they could, but they're probably not about to, far less

981
00:44:09,160 --> 00:44:11,040
Speaker 3: a woman of color. She says, history counts, and she's

982
00:44:11,080 --> 00:44:14,160
Speaker 3: probably right. Then she breaks down these statistics, which I

983
00:44:14,200 --> 00:44:18,400
Speaker 3: find fascinating. What percentage of people in America are white?

984
00:44:18,560 --> 00:44:22,200
Speaker 3: Sixty nine percent. You hear so much coverage of the

985
00:44:22,280 --> 00:44:26,120
Speaker 3: Latino vote, of the Hispanic vote, of the Black vote.

986
00:44:26,440 --> 00:44:29,760
Speaker 3: Behind the sixty nine percent of Americans who are white,

987
00:44:30,800 --> 00:44:33,440
Speaker 3: comes the black vote. How big are the Black population

988
00:44:33,520 --> 00:44:36,720
Speaker 3: of America? It's eleven percent. How big is the Hispanic

989
00:44:36,760 --> 00:44:40,720
Speaker 3: population of America It's eleven percent. Add those two together

990
00:44:41,040 --> 00:44:44,120
Speaker 3: ed equals twenty two doesn't come to sixty nine, Which

991
00:44:44,160 --> 00:44:47,160
Speaker 3: doesn't mean, of course, that every white person in America

992
00:44:47,480 --> 00:44:49,160
Speaker 3: doesn't want to vote for a woman and doesn't want

993
00:44:49,160 --> 00:44:51,160
Speaker 3: to vote for a black woman or a woman of color.

994
00:44:51,719 --> 00:44:55,440
Speaker 3: But history tells us something. And I will never forget

995
00:44:55,840 --> 00:44:58,800
Speaker 3: standing in the Jabbet Center in twenty sixteen, and Hillary

996
00:44:58,800 --> 00:45:01,759
Speaker 3: Clinton wasn't just an odds on chance to win. She

997
00:45:01,880 --> 00:45:04,160
Speaker 3: was going to win. There was no question she was

998
00:45:04,200 --> 00:45:05,719
Speaker 3: going to win, and she was going to win by

999
00:45:05,719 --> 00:45:07,239
Speaker 3: a lot, and it was just a matter of a

1000
00:45:07,239 --> 00:45:09,120
Speaker 3: couple of hours, and we just needed to count up

1001
00:45:09,160 --> 00:45:11,359
Speaker 3: the votes and we'd have our first woman president ever.

1002
00:45:12,040 --> 00:45:14,640
Speaker 3: And even they were so convinced that as it unfolded

1003
00:45:15,880 --> 00:45:18,359
Speaker 3: in the way it did, they didn't see it. They

1004
00:45:18,400 --> 00:45:21,200
Speaker 3: couldn't believe that what was happening was happening. And so

1005
00:45:21,520 --> 00:45:24,040
Speaker 3: you look to history, and I think Lee's sales is

1006
00:45:24,040 --> 00:45:25,960
Speaker 3: probably right, but look it up and read it yourself.

1007
00:45:27,040 --> 00:45:30,920
Speaker 1: The Breakfast Show you can trust, the Mic Hosking Breakfast

1008
00:45:31,120 --> 00:45:35,320
Speaker 1: with Bailey's Real Estate. Your local experts across residential, commercial

1009
00:45:35,400 --> 00:45:37,600
Speaker 1: and rural news dogs had been Lauris.

1010
00:45:37,400 --> 00:45:41,000
Speaker 3: Johnson used to run Britain, is winging his way to

1011
00:45:41,040 --> 00:45:43,320
Speaker 3: the country. So he's on the program after eight o'clock meantime,

1012
00:45:43,360 --> 00:45:45,280
Speaker 3: another person running a country at the moment, as Christopher

1013
00:45:45,320 --> 00:45:46,880
Speaker 3: luxA ow Prime Minister. Good morning to you.

1014
00:45:47,360 --> 00:45:48,000
Speaker 11: Good morning, Mike.

1015
00:45:48,040 --> 00:45:50,480
Speaker 3: How are you very well? Indeed your Christmas decorations up

1016
00:45:50,480 --> 00:45:50,839
Speaker 3: at home?

1017
00:45:51,800 --> 00:45:54,240
Speaker 19: Hey, they're not yet, but we're getting date. We've started

1018
00:45:54,239 --> 00:45:56,920
Speaker 19: the conversation Amanda and I. So yeah, we try and

1019
00:45:56,920 --> 00:45:58,520
Speaker 19: get it early, and we try and close it.

1020
00:45:58,480 --> 00:46:01,920
Speaker 3: Out early, close it out pre Christmas or your.

1021
00:46:01,800 --> 00:46:06,719
Speaker 19: Move twenty six, twenty six of Foxing Day. But just

1022
00:46:06,760 --> 00:46:08,279
Speaker 19: by virtue of what happened in the rest of our

1023
00:46:08,280 --> 00:46:10,800
Speaker 19: life over that summer period. But I can imagine the

1024
00:46:10,840 --> 00:46:13,040
Speaker 19: hosting household. You've been trimmled for some time. You've probably

1025
00:46:13,040 --> 00:46:13,400
Speaker 19: got into it.

1026
00:46:13,440 --> 00:46:15,480
Speaker 3: Well, we just came to a bit of a bit

1027
00:46:15,480 --> 00:46:17,960
Speaker 3: of a head yesterday is what happened. Anyway, But enough

1028
00:46:17,960 --> 00:46:19,680
Speaker 3: of this now listen this report. You're aware of the

1029
00:46:19,760 --> 00:46:23,280
Speaker 3: leak this morning, the ministerial document. This is the military academies.

1030
00:46:23,280 --> 00:46:25,080
Speaker 3: And by the way, yesterday in the post cap conference,

1031
00:46:25,160 --> 00:46:29,959
Speaker 3: you spoke eloquently, I thought, almost emotionally about what you've seen.

1032
00:46:30,040 --> 00:46:33,080
Speaker 3: When did you go what did you see in what's happening. Yeah.

1033
00:46:33,160 --> 00:46:35,319
Speaker 19: Look, I mean I just think it's pretty disingenuous to

1034
00:46:35,360 --> 00:46:38,200
Speaker 19: compare what's happened in the past and the seventies, particularly

1035
00:46:38,239 --> 00:46:40,759
Speaker 19: through the abuse and state care type programs that were

1036
00:46:40,800 --> 00:46:42,439
Speaker 19: up and running, and what we're trying to do here.

1037
00:46:43,000 --> 00:46:45,080
Speaker 19: I went down and probably spent three hours with those

1038
00:46:45,120 --> 00:46:48,040
Speaker 19: young men. Are they are some of our toughest candidates

1039
00:46:48,080 --> 00:46:49,800
Speaker 19: in terms of serious young offenders.

1040
00:46:50,160 --> 00:46:54,480
Speaker 11: I was really impressed. One is, there's incredible people around them,

1041
00:46:54,560 --> 00:46:55,239
Speaker 11: Like the staff to.

1042
00:46:57,000 --> 00:46:59,560
Speaker 19: Kid ratio is really really high. Their senior psychologists as

1043
00:46:59,560 --> 00:47:02,640
Speaker 19: social works, because there's a heap of support in there,

1044
00:47:03,120 --> 00:47:06,160
Speaker 19: there's really good oversight. But most importantly, I actually got

1045
00:47:06,160 --> 00:47:08,200
Speaker 19: to talk to these young guys and you could see, Okay,

1046
00:47:08,239 --> 00:47:11,359
Speaker 19: what's made the difference, And the point was actually people care.

1047
00:47:11,440 --> 00:47:15,480
Speaker 19: I've come from a rubbish environment, typically bad family background.

1048
00:47:15,600 --> 00:47:18,279
Speaker 19: I end up in here and people actually are taking

1049
00:47:18,280 --> 00:47:20,120
Speaker 19: an interest in me and are investing in me. And

1050
00:47:20,160 --> 00:47:23,320
Speaker 19: so they were doing things like trying to get qualified

1051
00:47:23,360 --> 00:47:25,880
Speaker 19: to be able to do, you know, work on roads

1052
00:47:25,920 --> 00:47:28,880
Speaker 19: for example. They a couple of them actually had worked

1053
00:47:28,920 --> 00:47:32,680
Speaker 19: with contractors on site at the center, either volunteered to

1054
00:47:32,680 --> 00:47:35,680
Speaker 19: help out concretors and landscapers, and some of them had

1055
00:47:35,680 --> 00:47:38,600
Speaker 19: actually been even offer jobs and so you know we've

1056
00:47:38,640 --> 00:47:41,040
Speaker 19: got you know, this was I think it's been a

1057
00:47:41,080 --> 00:47:42,680
Speaker 19: really good program, and I think, you know, I know,

1058
00:47:42,680 --> 00:47:44,160
Speaker 19: people want to sort of dumb it down to a

1059
00:47:44,200 --> 00:47:46,360
Speaker 19: boot camp and imagine a sergeant major shouting.

1060
00:47:46,080 --> 00:47:46,520
Speaker 11: At these kids.

1061
00:47:46,560 --> 00:47:48,680
Speaker 19: Yep, they're up at six thirty. Yes they're in uniform.

1062
00:47:48,960 --> 00:47:51,160
Speaker 19: Yes they've got a h high degree of physical training.

1063
00:47:51,760 --> 00:47:54,400
Speaker 19: But they've also got all the other support that they

1064
00:47:54,440 --> 00:47:57,359
Speaker 19: need to and they're writing resumes and they are thinking

1065
00:47:57,360 --> 00:47:59,479
Speaker 19: about interviews and job interviews and all that.

1066
00:47:59,360 --> 00:48:00,000
Speaker 11: Sort of good stuff.

1067
00:48:00,239 --> 00:48:02,960
Speaker 19: So you know, the three months in the residential part

1068
00:48:03,040 --> 00:48:06,040
Speaker 19: has been a huge success. Now the challenge really begins

1069
00:48:06,040 --> 00:48:07,719
Speaker 19: because each of them has a social worker if they

1070
00:48:07,800 --> 00:48:10,439
Speaker 19: come back into life, and we've got to make sure

1071
00:48:10,480 --> 00:48:12,440
Speaker 19: obviously they don't go back to bad environments and we

1072
00:48:12,520 --> 00:48:13,879
Speaker 19: try and make a shift there as well.

1073
00:48:13,960 --> 00:48:17,600
Speaker 3: So we should try so much. You because you were

1074
00:48:17,600 --> 00:48:19,279
Speaker 3: the Prime Minister and gave you the middle finger as

1075
00:48:19,320 --> 00:48:21,840
Speaker 3: you walked out, you're convinced that someone's working there.

1076
00:48:22,200 --> 00:48:25,000
Speaker 19: Yeah, absolutely, I mean, and the caliber of the team

1077
00:48:25,040 --> 00:48:28,040
Speaker 19: that we assemble to actually work with these kids, because remember,

1078
00:48:28,080 --> 00:48:29,840
Speaker 19: we want to see whether we can actually use this

1079
00:48:29,920 --> 00:48:32,319
Speaker 19: as a means by which we can learn something about

1080
00:48:32,320 --> 00:48:36,319
Speaker 19: how to upgrade our performance. And all these residential facilities,

1081
00:48:36,920 --> 00:48:39,440
Speaker 19: it was really fantastic and so you know, honestly, the

1082
00:48:39,920 --> 00:48:43,800
Speaker 19: management around them, the focus on care, rehabilitation, the multiple

1083
00:48:43,840 --> 00:48:47,080
Speaker 19: hours of protection, oversight, all that good stuff was fantastic.

1084
00:48:48,000 --> 00:48:50,759
Speaker 19: And I think, you know, they've got a purpose, and

1085
00:48:50,800 --> 00:48:52,440
Speaker 19: I think that's half the thing, right, how do we

1086
00:48:52,480 --> 00:48:54,520
Speaker 19: get our young people to have mission and purpose and

1087
00:48:54,880 --> 00:48:58,200
Speaker 19: get connected to something and then you know, you know,

1088
00:48:58,280 --> 00:48:58,959
Speaker 19: life has meaning?

1089
00:48:59,200 --> 00:49:01,719
Speaker 3: Okay, having that, So the leak this morning is and

1090
00:49:01,760 --> 00:49:04,560
Speaker 3: the alarmism is around when you go to pass the legislation,

1091
00:49:04,560 --> 00:49:06,360
Speaker 3: because it's important to point out this is the trial

1092
00:49:06,400 --> 00:49:09,000
Speaker 3: and you haven't passed the legislation. When you pass the legislation,

1093
00:49:09,360 --> 00:49:12,279
Speaker 3: will were people running these courses have the power to

1094
00:49:12,520 --> 00:49:13,360
Speaker 3: use force?

1095
00:49:14,719 --> 00:49:18,440
Speaker 19: Well, that'll be ultimately a decision for the operators in

1096
00:49:18,800 --> 00:49:19,320
Speaker 19: the program.

1097
00:49:19,320 --> 00:49:21,440
Speaker 11: And I'm not close enough what they need or.

1098
00:49:21,640 --> 00:49:23,799
Speaker 3: You either get you either give them the power to

1099
00:49:23,880 --> 00:49:26,399
Speaker 3: use force or you don't. They don't make it up.

1100
00:49:27,520 --> 00:49:29,600
Speaker 19: Yeah, well, I'm just not in that position like to

1101
00:49:29,640 --> 00:49:31,399
Speaker 19: comment on that as to why it would be used

1102
00:49:31,480 --> 00:49:33,640
Speaker 19: or how it would be used for restraint or other things.

1103
00:49:33,880 --> 00:49:35,800
Speaker 19: But what I can say is what I saw was

1104
00:49:35,800 --> 00:49:37,880
Speaker 19: actually quite a different hold of actually to engage.

1105
00:49:38,560 --> 00:49:40,399
Speaker 3: It's a different idea. We're not playing this dumb game.

1106
00:49:40,800 --> 00:49:44,040
Speaker 3: You're setting the rules and the rules of engagement. Do

1107
00:49:44,120 --> 00:49:48,440
Speaker 3: you give the providers the power to use force or not.

1108
00:49:49,880 --> 00:49:53,640
Speaker 19: I haven't had those conversations. I haven't been withhoofed on that. Sorry,

1109
00:49:53,800 --> 00:49:54,200
Speaker 19: with who?

1110
00:49:55,200 --> 00:49:55,920
Speaker 6: What do you mean.

1111
00:49:56,160 --> 00:49:57,800
Speaker 3: Conversations with who? Who are you talking to? We're not

1112
00:49:57,840 --> 00:49:58,880
Speaker 3: talking to as the case may be.

1113
00:49:59,040 --> 00:50:00,400
Speaker 19: Well, I mean it hasn't been a top of a

1114
00:50:00,440 --> 00:50:02,960
Speaker 19: conversation that we've tad with, you know, Karen Schuur and

1115
00:50:02,960 --> 00:50:03,920
Speaker 19: myself as the minister.

1116
00:50:04,040 --> 00:50:07,400
Speaker 3: Well, there's something going on here. Don't bs me on this.

1117
00:50:08,440 --> 00:50:11,799
Speaker 3: I'm not I'm not refusers to sleep the Karen saw

1118
00:50:11,960 --> 00:50:13,880
Speaker 3: is refusing to speak to anyone about this.

1119
00:50:14,000 --> 00:50:17,359
Speaker 19: Why, I don't know, But I just say to you,

1120
00:50:17,400 --> 00:50:19,120
Speaker 19: I mean, feel free to keep reaching out to our office.

1121
00:50:19,160 --> 00:50:21,239
Speaker 19: I'm all I'm saying is I'm not aware that we've

1122
00:50:21,239 --> 00:50:24,120
Speaker 19: actually got you know that. That's actually it's not something

1123
00:50:24,120 --> 00:50:26,000
Speaker 19: I've been briefed on. It's not something that I'm aware of.

1124
00:50:26,080 --> 00:50:28,000
Speaker 19: It's not something that I would should be involved in

1125
00:50:28,080 --> 00:50:30,240
Speaker 19: those closest to it, should make those calls and decisions

1126
00:50:30,280 --> 00:50:30,719
Speaker 19: to what they need.

1127
00:50:30,800 --> 00:50:32,839
Speaker 3: So you don't you don't think that if you give

1128
00:50:32,880 --> 00:50:35,439
Speaker 3: people force and they go whack somebody around the head

1129
00:50:35,440 --> 00:50:37,320
Speaker 3: when they're in the military camp, that's not going to

1130
00:50:37,360 --> 00:50:39,640
Speaker 3: come back to buy you and the bum on this program,

1131
00:50:39,920 --> 00:50:40,120
Speaker 3: will it.

1132
00:50:40,719 --> 00:50:43,120
Speaker 19: That's well, what I'm interested in is have we got

1133
00:50:43,160 --> 00:50:46,359
Speaker 19: the layers of child safeguarding and protection and oversight which

1134
00:50:46,360 --> 00:50:49,760
Speaker 19: has been a consistent problem across our care of kids

1135
00:50:49,920 --> 00:50:52,439
Speaker 19: for decades now, as evidenced by the abuse and state care.

1136
00:50:52,800 --> 00:50:55,040
Speaker 19: So what we're focused on here is making sure that

1137
00:50:55,040 --> 00:50:57,000
Speaker 19: we get all the support services in. We've got a

1138
00:50:57,040 --> 00:51:00,000
Speaker 19: great ratio, as I said, of psychologists and social workers

1139
00:51:00,040 --> 00:51:02,680
Speaker 19: to each kid, and we've got the oversight and the

1140
00:51:02,719 --> 00:51:03,600
Speaker 19: protection that we need.

1141
00:51:04,000 --> 00:51:07,280
Speaker 11: So but those decisions as to precisely how.

1142
00:51:07,160 --> 00:51:10,040
Speaker 19: That all comes together and how it's deployed will be

1143
00:51:10,080 --> 00:51:13,759
Speaker 19: made by OT who are operating these silities.

1144
00:51:13,320 --> 00:51:16,799
Speaker 3: But OT the incompetence who have got us into this

1145
00:51:17,080 --> 00:51:18,160
Speaker 3: mess in the first place.

1146
00:51:19,120 --> 00:51:21,000
Speaker 19: Well, again, I just say to you that what I've

1147
00:51:21,080 --> 00:51:23,960
Speaker 19: experienced with these military academies and what I'm seeing on

1148
00:51:24,000 --> 00:51:25,840
Speaker 19: the ground and the interaction with the young people and

1149
00:51:25,880 --> 00:51:28,160
Speaker 19: the quality of the staff that are around them. I've

1150
00:51:28,160 --> 00:51:30,040
Speaker 19: been really really impressed, and I think.

1151
00:51:29,920 --> 00:51:33,000
Speaker 3: That's a very very I want these things to work.

1152
00:51:33,000 --> 00:51:36,320
Speaker 3: But here's the problem. I mean, next week you're apologizing

1153
00:51:36,920 --> 00:51:39,560
Speaker 3: for a generation of people who went into state care

1154
00:51:40,040 --> 00:51:43,120
Speaker 3: and you abused, and so you've got another form of

1155
00:51:43,120 --> 00:51:45,279
Speaker 3: state care, which is a military academy. You want to

1156
00:51:45,320 --> 00:51:47,000
Speaker 3: do the right thing. The talk is the right thing,

1157
00:51:47,040 --> 00:51:48,920
Speaker 3: you're arguing, there's evidence of the right thing, but when

1158
00:51:48,960 --> 00:51:50,759
Speaker 3: you go to pass the legislation, you can't answer the

1159
00:51:50,800 --> 00:51:52,200
Speaker 3: question where you're going to boot them up the bum,

1160
00:51:52,239 --> 00:51:54,160
Speaker 3: whack them around the head and treat them badly.

1161
00:51:54,719 --> 00:51:56,120
Speaker 19: Well, what I just say to you, though, is that

1162
00:51:56,160 --> 00:51:58,000
Speaker 19: I think it's a bit Well what I said yesterday

1163
00:51:58,040 --> 00:51:59,480
Speaker 19: is why it's so disingenuous.

1164
00:51:59,560 --> 00:52:01,440
Speaker 11: Is I think about the examples and the abuse of

1165
00:52:01,480 --> 00:52:01,879
Speaker 11: state care.

1166
00:52:01,880 --> 00:52:04,800
Speaker 19: There was like unvested, unqualified staff that doesn't happen today.

1167
00:52:05,160 --> 00:52:07,880
Speaker 19: They were isolated and pretty appalling conditions on Great Barrier

1168
00:52:07,920 --> 00:52:10,320
Speaker 19: and other places. You know, we've actually got three month residential,

1169
00:52:10,360 --> 00:52:13,440
Speaker 19: nine month at home. They were focused on abuse and punishment.

1170
00:52:13,480 --> 00:52:16,520
Speaker 19: We're focused on care and rehabilitation, there was no oversight

1171
00:52:16,600 --> 00:52:18,879
Speaker 19: on monitoring like any of these, we've got multiple layers

1172
00:52:18,920 --> 00:52:21,560
Speaker 19: of protection and oversight. We've actually got and sure the

1173
00:52:21,600 --> 00:52:24,680
Speaker 19: kids also have great independent advocacy services as well, so

1174
00:52:24,719 --> 00:52:28,440
Speaker 19: the checks and balances are there. As to the inherit's

1175
00:52:28,480 --> 00:52:30,640
Speaker 19: all operationalized. That's ultimately got to be a decision to

1176
00:52:30,680 --> 00:52:32,440
Speaker 19: a manager that we hold accountable for delivering that.

1177
00:52:32,840 --> 00:52:35,359
Speaker 3: Here's the counter here's the counter argument. Not providing these

1178
00:52:35,400 --> 00:52:37,959
Speaker 3: powers would mean staff outside of the residential setting would

1179
00:52:37,960 --> 00:52:39,839
Speaker 3: be exposed to legal risk if they tried to prevent

1180
00:52:39,880 --> 00:52:42,840
Speaker 3: a young person from absconding or from harming themselves or

1181
00:52:42,880 --> 00:52:47,080
Speaker 3: harming another person. Given this risk, I consider that clear

1182
00:52:47,160 --> 00:52:49,600
Speaker 3: authority is needed. In other words, they can use force

1183
00:52:50,000 --> 00:52:53,479
Speaker 3: as a concept. Then, given you haven't had discussions, does

1184
00:52:53,520 --> 00:52:55,919
Speaker 3: that sit comfortably with you?

1185
00:52:55,960 --> 00:52:56,160
Speaker 11: No.

1186
00:52:56,280 --> 00:52:59,920
Speaker 19: I want to make sure that there is multiple approach

1187
00:53:00,160 --> 00:53:02,520
Speaker 19: around oversight and protection of those young people. And so

1188
00:53:02,600 --> 00:53:04,719
Speaker 19: that's where I'd be coming down in that conversation when

1189
00:53:04,760 --> 00:53:05,840
Speaker 19: we get to have that conversation.

1190
00:53:05,880 --> 00:53:09,280
Speaker 3: Yes, but multiple oversight of the ability to use force,

1191
00:53:09,840 --> 00:53:12,879
Speaker 3: or multiple oversight of the ability not to be able

1192
00:53:12,880 --> 00:53:13,680
Speaker 3: to use force.

1193
00:53:13,560 --> 00:53:14,440
Speaker 11: Not to use force.

1194
00:53:14,960 --> 00:53:19,000
Speaker 19: I think I appreciate these are really difficult kids and individuals,

1195
00:53:19,000 --> 00:53:22,000
Speaker 19: but the history here is shocking and what I really

1196
00:53:22,040 --> 00:53:24,319
Speaker 19: want to see is a culture shift and change to

1197
00:53:24,400 --> 00:53:27,920
Speaker 19: focus on the care, rehabilitation, layers of protection and oversight

1198
00:53:28,000 --> 00:53:30,680
Speaker 19: and child safeguarding, and that is something that I think

1199
00:53:30,719 --> 00:53:32,040
Speaker 19: consistently across our system.

1200
00:53:32,080 --> 00:53:33,520
Speaker 11: We've done a very poor job at.

1201
00:53:33,600 --> 00:53:37,120
Speaker 3: Okay, Also out of yesterday's postcab, why don't the media

1202
00:53:37,320 --> 00:53:41,480
Speaker 3: understand that Winston Peter's meeting the Trade Minister of India,

1203
00:53:41,520 --> 00:53:44,920
Speaker 3: whether or not it's in Melbourne doesn't matter. It's the

1204
00:53:45,000 --> 00:53:47,640
Speaker 3: meeting that counts, and we need to do business to

1205
00:53:47,719 --> 00:53:50,200
Speaker 3: grow the economy, so we make the money. So when

1206
00:53:50,239 --> 00:53:52,680
Speaker 3: they then go and ask about the blood cancer products,

1207
00:53:52,719 --> 00:53:55,239
Speaker 3: you can go, well, because we grew the economy, we

1208
00:53:55,320 --> 00:53:57,440
Speaker 3: have the money to speak on that. How come they

1209
00:53:57,480 --> 00:53:59,000
Speaker 3: can't join those simple dots.

1210
00:54:00,120 --> 00:54:02,120
Speaker 19: Try and communicate it as best as I possibly can.

1211
00:54:02,320 --> 00:54:05,200
Speaker 19: Like but that is a very important meeting for us

1212
00:54:05,239 --> 00:54:07,600
Speaker 19: because to sit down with Penny Wong, our only ally

1213
00:54:07,719 --> 00:54:09,920
Speaker 19: and foreign minister, and what we call the one plus

1214
00:54:09,920 --> 00:54:12,279
Speaker 19: one or the two plus two with finance ministers coming

1215
00:54:12,320 --> 00:54:15,080
Speaker 19: together and meeting formally, and then also to have doctor

1216
00:54:15,120 --> 00:54:17,279
Speaker 19: J Shunka who was, without doubt one of the influential

1217
00:54:17,640 --> 00:54:20,120
Speaker 19: secretaries of state anywhere from any country in the world

1218
00:54:20,440 --> 00:54:22,880
Speaker 19: being there, and I've met with him twice now myself.

1219
00:54:23,760 --> 00:54:26,800
Speaker 19: He is very very influential, but also very very thoughtful,

1220
00:54:26,840 --> 00:54:29,000
Speaker 19: and so the fact that Winston Peter's has a good

1221
00:54:29,040 --> 00:54:31,120
Speaker 19: relationship with him, the fact I have a good relationship

1222
00:54:31,160 --> 00:54:33,319
Speaker 19: with him, is about making sure we build breadth and

1223
00:54:33,400 --> 00:54:36,120
Speaker 19: depth of the relationship with India, because you got to

1224
00:54:36,120 --> 00:54:38,640
Speaker 19: ask a question, how do these things get done. You've

1225
00:54:38,680 --> 00:54:41,520
Speaker 19: got to build the relationships first. That's why mcclay's been

1226
00:54:41,600 --> 00:54:44,440
Speaker 19: to India six times. That's why Winston's been there once.

1227
00:54:45,200 --> 00:54:47,520
Speaker 19: I've spoken to Modi twice and met with him once.

1228
00:54:48,080 --> 00:54:50,880
Speaker 19: I've met with Jay Shanka twice. Now we've hosted the

1229
00:54:50,880 --> 00:54:53,560
Speaker 19: Indian president. We build the case and that's why we've

1230
00:54:53,600 --> 00:54:55,680
Speaker 19: now got an invitation to go to India next year

1231
00:54:56,200 --> 00:54:58,520
Speaker 19: with a delegation to start the trading process and how

1232
00:54:58,520 --> 00:55:00,799
Speaker 19: we can deepen up trade. I think the thing I

1233
00:55:00,840 --> 00:55:03,600
Speaker 19: was really proud about, to be honest, Mike, and illustrative

1234
00:55:03,600 --> 00:55:05,560
Speaker 19: what we're trying to do in India but also all

1235
00:55:05,600 --> 00:55:07,920
Speaker 19: around the world. As you had this deal with the

1236
00:55:07,960 --> 00:55:10,560
Speaker 19: GCC that's been going on into successive governments now for

1237
00:55:10,640 --> 00:55:11,320
Speaker 19: eighteen years.

1238
00:55:11,320 --> 00:55:11,960
Speaker 11: It was stopped.

1239
00:55:12,400 --> 00:55:14,799
Speaker 19: McClary started it in February and he concluded it.

1240
00:55:14,760 --> 00:55:15,400
Speaker 11: On the weekend.

1241
00:55:15,760 --> 00:55:18,320
Speaker 19: The guy came in from Saturday morning from the GCC,

1242
00:55:18,600 --> 00:55:20,719
Speaker 19: came to the Seeker Show with me on Saturday, and

1243
00:55:20,760 --> 00:55:22,920
Speaker 19: on Sunday fired out to China to actually take a

1244
00:55:22,920 --> 00:55:26,320
Speaker 19: delegation seventy companies up there for their biggest important export conference.

1245
00:55:26,360 --> 00:55:28,799
Speaker 19: So you know, we are hustling and moving. When I've

1246
00:55:28,800 --> 00:55:30,400
Speaker 19: said to you in the past, you know we're heading

1247
00:55:30,400 --> 00:55:33,000
Speaker 19: this with intensity. That's what we're trying to do because

1248
00:55:33,480 --> 00:55:35,840
Speaker 19: why court of our jobs tried up with trade. You know,

1249
00:55:35,960 --> 00:55:38,800
Speaker 19: companies that export have seven to ten percent high wages

1250
00:55:38,840 --> 00:55:41,120
Speaker 19: and salary. So it's got to be part of the

1251
00:55:41,160 --> 00:55:42,839
Speaker 19: way forward for us to lift the join and lift

1252
00:55:42,840 --> 00:55:43,840
Speaker 19: our quality of living standards.

1253
00:55:43,880 --> 00:55:46,320
Speaker 3: Appreciate your times always, Prime Minister Christo bluckx than thirteen

1254
00:55:46,360 --> 00:55:46,640
Speaker 3: to two.

1255
00:55:47,920 --> 00:55:52,400
Speaker 1: The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered

1256
00:55:52,440 --> 00:55:53,400
Speaker 1: by News Talks at Me.

1257
00:55:53,800 --> 00:55:55,600
Speaker 3: Here he go sums it up. Geez, Mike, you're a

1258
00:55:55,640 --> 00:55:58,600
Speaker 3: bit bloody tough on Chris next text excellent interview with

1259
00:55:58,680 --> 00:56:00,759
Speaker 3: the Prime Minister. He's like wrestling with smoke and so

1260
00:56:00,800 --> 00:56:02,879
Speaker 3: it goes. So I think we're probably driving that one

1261
00:56:02,880 --> 00:56:06,040
Speaker 3: down the middle. Race horses given its Melbourne Cup day.

1262
00:56:06,360 --> 00:56:09,080
Speaker 3: I read a fascinating fact yesterday one in every two

1263
00:56:09,160 --> 00:56:11,080
Speaker 3: hundred and fifty four Australians own at least a share

1264
00:56:11,080 --> 00:56:12,759
Speaker 3: of a race horse. Or are thirty five thousand race

1265
00:56:12,760 --> 00:56:15,040
Speaker 3: horses registered in Australia. So one every two hundred and

1266
00:56:15,040 --> 00:56:17,359
Speaker 3: fifty four Australians own a slice of it. And why

1267
00:56:17,400 --> 00:56:19,400
Speaker 3: would they do that? Well because of the prize money's

1268
00:56:19,400 --> 00:56:22,120
Speaker 3: gone through the roof. I also agree with an article

1269
00:56:22,160 --> 00:56:25,560
Speaker 3: I read of Peter fitz Simons the other day. He said,

1270
00:56:25,880 --> 00:56:29,120
Speaker 3: let's be clear, the Melbourne Cup does not stop a nation,

1271
00:56:29,440 --> 00:56:31,040
Speaker 3: and hasn't for years. And I think he's probably one

1272
00:56:31,080 --> 00:56:33,160
Speaker 3: hundred percent right, And it certainly doesn't stop in Australia.

1273
00:56:33,200 --> 00:56:34,719
Speaker 3: If it doesn't stop in Australia, it doesn't stop in

1274
00:56:34,719 --> 00:56:36,560
Speaker 3: New Zealand. Is the broad interest, Yes, will there be

1275
00:56:36,560 --> 00:56:39,720
Speaker 3: sweet stakes, yes, But the days when everything stops simply

1276
00:56:39,760 --> 00:56:42,960
Speaker 3: isn't true anymore. It's not true of anything. We don't

1277
00:56:42,960 --> 00:56:45,319
Speaker 3: gather around the water cooler, we don't all watch the

1278
00:56:45,360 --> 00:56:48,680
Speaker 3: same television program. We aren't all interested in the same thing.

1279
00:56:49,000 --> 00:56:50,759
Speaker 3: No one connects the way they're used to anyway. The

1280
00:56:50,760 --> 00:56:52,880
Speaker 3: Melbourne Cup's got a prize pool today of eight million,

1281
00:56:53,160 --> 00:56:55,640
Speaker 3: and that's why people are buying into horses. First place

1282
00:56:55,680 --> 00:56:57,319
Speaker 3: is four point four million cash. This is how it's

1283
00:56:57,360 --> 00:57:00,040
Speaker 3: broken up. Because I don't know much about racing, this

1284
00:57:00,239 --> 00:57:01,719
Speaker 3: was interesting to me and this is why people are

1285
00:57:01,719 --> 00:57:05,480
Speaker 3: buying slices of horses the prize money. So if your

1286
00:57:05,480 --> 00:57:07,359
Speaker 3: horse wins the Melbourn Cup today you get four point

1287
00:57:07,360 --> 00:57:09,560
Speaker 3: four million. How's that sliced up? Well, eighty five percent

1288
00:57:09,600 --> 00:57:12,359
Speaker 3: goes to the owners. That's a lot of money. Ten

1289
00:57:12,400 --> 00:57:14,520
Speaker 3: percent to the trainer doesn't strike me as a lot

1290
00:57:14,520 --> 00:57:15,920
Speaker 3: of money for all the work you do as a trainer.

1291
00:57:15,920 --> 00:57:17,440
Speaker 3: As an owner, you just go a she lock an

1292
00:57:17,480 --> 00:57:19,520
Speaker 3: anti good and then the trainer has done all the

1293
00:57:19,520 --> 00:57:22,320
Speaker 3: work will go oh yeah, reasonably. Five percent goes to

1294
00:57:22,360 --> 00:57:24,439
Speaker 3: the jockey. Five percent of four point four million you'd

1295
00:57:24,440 --> 00:57:27,320
Speaker 3: have that, wouldn't you. But eighty five percent depending of

1296
00:57:27,320 --> 00:57:29,120
Speaker 3: course on how many owners. I mean, if there's two

1297
00:57:29,200 --> 00:57:31,320
Speaker 3: owners your quids, then if there's eight hundred owners, there

1298
00:57:31,320 --> 00:57:35,120
Speaker 3: are ninety five races that pay a million dollars or

1299
00:57:35,120 --> 00:57:37,800
Speaker 3: more in prize money. So work that one through. That's

1300
00:57:37,840 --> 00:57:41,200
Speaker 3: the equivalent of a million dollar race every three point

1301
00:57:41,280 --> 00:57:45,080
Speaker 3: eight days. There are nearly twenty thousand races run on

1302
00:57:45,120 --> 00:57:47,360
Speaker 3: Australia every year. The prize money is increased by forty

1303
00:57:47,440 --> 00:57:50,840
Speaker 3: five percent. They're paying out eight hundred and eighty five

1304
00:57:51,280 --> 00:57:54,160
Speaker 3: million dollars and that's in twenty twenty two and it's

1305
00:57:54,240 --> 00:57:56,840
Speaker 3: risen since then, so they'll be cracking a billion and

1306
00:57:56,840 --> 00:57:58,520
Speaker 3: that's why people want to buy a slice of horse

1307
00:57:58,760 --> 00:57:59,600
Speaker 3: ate away from eight.

1308
00:58:00,320 --> 00:58:03,800
Speaker 2: The Mike Hosking Breakfast with the Range Rover Villain News.

1309
00:58:03,880 --> 00:58:04,800
Speaker 6: Tom said, b a.

1310
00:58:04,760 --> 00:58:06,960
Speaker 3: Little bit of action on this. We've had Henry Olsen

1311
00:58:07,000 --> 00:58:09,960
Speaker 3: the Polster. He says it's Trump. Nate Silver says it's

1312
00:58:10,000 --> 00:58:12,680
Speaker 3: Trump that's as gut as opposed to anything. And then

1313
00:58:12,880 --> 00:58:15,000
Speaker 3: we've now got the polsters at Rasmussen. The head poster

1314
00:58:15,120 --> 00:58:18,000
Speaker 3: is a guy called Mark Mitchell. He says Trump is

1315
00:58:18,080 --> 00:58:22,960
Speaker 3: poised to secure a significant electoral victory, potentially sweeping battleground states.

1316
00:58:23,960 --> 00:58:26,439
Speaker 3: He's favoring Trump in the national poll as well, which

1317
00:58:26,480 --> 00:58:29,760
Speaker 3: is interesting because Henry Olsen doesn't say he will win

1318
00:58:29,800 --> 00:58:32,600
Speaker 3: the popular vote. But he doesn't rule it out, and

1319
00:58:32,600 --> 00:58:34,200
Speaker 3: he wouldn't be surprised if he does so. He wins

1320
00:58:34,240 --> 00:58:36,760
Speaker 3: the electoral college plus the popular vote, So that is

1321
00:58:36,880 --> 00:58:39,840
Speaker 3: legitimacy all day long. Because there's been this boring debate.

1322
00:58:40,440 --> 00:58:42,600
Speaker 3: You know, you go back to Clinton as an example,

1323
00:58:42,640 --> 00:58:44,840
Speaker 3: three million forew of votes, et cetera, et cetera. It

1324
00:58:44,880 --> 00:58:47,440
Speaker 3: doesn't matter because the electoral college is all that counts.

1325
00:58:47,520 --> 00:58:51,320
Speaker 3: But if you win the electoral college plus the popular vote,

1326
00:58:51,400 --> 00:58:55,920
Speaker 3: then there's just no question. This guy Mitchell is suggesting

1327
00:58:56,000 --> 00:58:58,840
Speaker 3: Trump's going to secure a strongly nationally dominate in the

1328
00:58:58,880 --> 00:59:02,800
Speaker 3: battleground states. And you probably need to look to Reagan

1329
00:59:03,760 --> 00:59:07,200
Speaker 3: in nineteen eighty over Carter. And whether you want to

1330
00:59:07,320 --> 00:59:10,480
Speaker 3: use in a motive word like landslide doesn't really matter.

1331
00:59:10,560 --> 00:59:13,720
Speaker 3: Is it going to be a decisive victory, he says

1332
00:59:13,800 --> 00:59:16,920
Speaker 3: it will be. It appears stronger, the Trump cycle appears

1333
00:59:16,960 --> 00:59:20,440
Speaker 3: stronger in the swing states than in past cycles. He

1334
00:59:20,560 --> 00:59:24,160
Speaker 3: dismisses the polling around Harris and the late breakers and

1335
00:59:24,240 --> 00:59:26,760
Speaker 3: the women and all of that. He says those poles

1336
00:59:26,760 --> 00:59:29,840
Speaker 3: misleadingly skewed towards Harris, who would know on the day

1337
00:59:29,880 --> 00:59:33,480
Speaker 3: will find out, But that's three really major players in

1338
00:59:33,520 --> 00:59:37,720
Speaker 3: the world of polling. Are they all wrong or are

1339
00:59:37,720 --> 00:59:40,760
Speaker 3: they all seeing the same thing? And in other words

1340
00:59:40,880 --> 00:59:45,200
Speaker 3: they're right. A mate of Donald trump Man who's worked

1341
00:59:45,200 --> 00:59:48,040
Speaker 3: with him, knows them reasonably well is Boris Johnson. He's

1342
00:59:48,080 --> 00:59:49,720
Speaker 3: with up in the News, which is next to your

1343
00:59:49,720 --> 00:59:53,080
Speaker 3: at Newstalk zedby what the big.

1344
00:59:53,000 --> 00:59:59,480
Speaker 1: News, bold opinions, the Mike Costing, Breakfast with Veda, Retirement, Communities,

1345
00:59:59,680 --> 01:00:01,840
Speaker 1: Life your Way news togs had been.

1346
01:00:01,720 --> 01:00:04,160
Speaker 3: Eleven past day. Boris Johnson never shot a drama, never

1347
01:00:04,200 --> 01:00:06,680
Speaker 3: short of a headline. Of course, when he got Britain's job,

1348
01:00:06,800 --> 01:00:09,040
Speaker 3: top job, he dealt with Brexit and COVID and the

1349
01:00:09,160 --> 01:00:11,240
Speaker 3: Ukraine invasion. Who was one of the first and to

1350
01:00:11,600 --> 01:00:14,520
Speaker 3: see Zelenski. Of course, we spoke to Boris the other day.

1351
01:00:14,520 --> 01:00:15,920
Speaker 3: He had a little piece on his take on the

1352
01:00:15,960 --> 01:00:19,280
Speaker 3: British budget which came out last week. But in talking

1353
01:00:19,280 --> 01:00:21,240
Speaker 3: to him we also got onto the business of the

1354
01:00:21,320 --> 01:00:24,200
Speaker 3: election and the way they elect governments in that country.

1355
01:00:24,200 --> 01:00:26,080
Speaker 3: First passed the post because if you look at the vote,

1356
01:00:26,080 --> 01:00:27,320
Speaker 3: I put it to Boris, if you look at the

1357
01:00:27,360 --> 01:00:30,720
Speaker 3: vote that the Labor Party got, it wasn't actually that high.

1358
01:00:31,200 --> 01:00:34,800
Speaker 3: And yet they won seat wise in an absolute landslide,

1359
01:00:34,800 --> 01:00:36,640
Speaker 3: and I suggested to Boris that didn't seem right.

1360
01:00:37,080 --> 01:00:38,160
Speaker 6: No, that was it was mad.

1361
01:00:38,200 --> 01:00:42,880
Speaker 16: I mean, they got four million fewer votes that I

1362
01:00:43,000 --> 01:00:47,240
Speaker 16: didn't know that my party did in twenty nineteen. They

1363
01:00:47,320 --> 01:00:51,480
Speaker 16: got ten fewer smaller share of the vote. I mean,

1364
01:00:51,560 --> 01:00:53,880
Speaker 16: I got we got forty four percent. They got thirty

1365
01:00:53,920 --> 01:00:56,280
Speaker 16: four percent. And you're quite right, Mike, they got a

1366
01:00:56,280 --> 01:01:01,440
Speaker 16: whacking majority. And yeah, that's it's a it's a it's

1367
01:01:01,440 --> 01:01:03,680
Speaker 16: a it's a it's a flaw in the system. But

1368
01:01:03,880 --> 01:01:06,760
Speaker 16: I tell you what, I'm here in New York and

1369
01:01:07,040 --> 01:01:10,040
Speaker 16: what we're coming to the climax of this, this US.

1370
01:01:09,880 --> 01:01:12,440
Speaker 6: US presidential election, and everybody, I.

1371
01:01:12,440 --> 01:01:16,439
Speaker 16: Mean, the atmosphere here is unbelievable. People are going bananas right,

1372
01:01:17,360 --> 01:01:20,160
Speaker 16: and people are so entrenched in their in their positions,

1373
01:01:20,880 --> 01:01:23,200
Speaker 16: and you know, you would turn on Fox and people

1374
01:01:23,240 --> 01:01:26,040
Speaker 16: are raging about calmly telling the other guys in.

1375
01:01:26,000 --> 01:01:30,439
Speaker 6: There and they're they're they're all, hey, here's the wonderful thing.

1376
01:01:31,040 --> 01:01:33,760
Speaker 6: Here's the wonderful thing. You don't know.

1377
01:01:34,640 --> 01:01:38,160
Speaker 16: I don't know what is going to happen on Tuesday,

1378
01:01:39,200 --> 01:01:44,720
Speaker 16: And isn't there's something beautiful about that because majestic. Because

1379
01:01:44,800 --> 01:01:49,120
Speaker 16: in Russia, in China, in Iran, plenty of other places

1380
01:01:49,160 --> 01:01:52,080
Speaker 16: around the world, they know what's going to happen in

1381
01:01:52,120 --> 01:01:57,200
Speaker 16: their elections, and here it is genuinely in the hands

1382
01:01:57,720 --> 01:01:58,720
Speaker 16: of the American people.

1383
01:01:59,520 --> 01:02:01,720
Speaker 6: And I did you I just find that fantastic? Well,

1384
01:02:01,800 --> 01:02:02,160
Speaker 6: yeah it is.

1385
01:02:02,360 --> 01:02:04,320
Speaker 3: I mean, it is fantastic until I ask you this.

1386
01:02:04,400 --> 01:02:06,800
Speaker 3: I mean, one of them doesn't have an original idea

1387
01:02:06,840 --> 01:02:08,240
Speaker 3: and a hid and the other one's a nut job,

1388
01:02:08,680 --> 01:02:09,960
Speaker 3: and yet one of them is going to end up

1389
01:02:10,000 --> 01:02:11,760
Speaker 3: running the most important country in the world. Doesn't it

1390
01:02:11,760 --> 01:02:12,240
Speaker 3: frighten you?

1391
01:02:12,560 --> 01:02:14,320
Speaker 16: But you know, it reminds me of the old Martin

1392
01:02:14,360 --> 01:02:16,680
Speaker 16: Amus line. Do you remember in Money? Do you ever

1393
01:02:16,760 --> 01:02:19,400
Speaker 16: read Money by Martin as where where?

1394
01:02:19,440 --> 01:02:19,640
Speaker 6: Where?

1395
01:02:19,640 --> 01:02:22,800
Speaker 16: He's John's self is looking at the situation in the West,

1396
01:02:22,840 --> 01:02:26,360
Speaker 16: and he says, you know, my god, look at Washington, London.

1397
01:02:26,520 --> 01:02:27,919
Speaker 6: He's an actor, she's a chick.

1398
01:02:28,320 --> 01:02:31,480
Speaker 16: You know, as though that disqualified either of them from

1399
01:02:32,240 --> 01:02:37,280
Speaker 16: from doing their from doing their jobs. Actually, you don't

1400
01:02:37,320 --> 01:02:40,320
Speaker 16: know which human beings are going to turn out to

1401
01:02:41,560 --> 01:02:43,920
Speaker 16: do extraordinary things for their for their for their country.

1402
01:02:44,120 --> 01:02:50,600
Speaker 6: And you can't. You can't, you can't predict it.

1403
01:02:50,640 --> 01:02:54,000
Speaker 16: And you know, I had a good relationship with Carmela.

1404
01:02:54,000 --> 01:02:56,400
Speaker 16: I thought she she when I met her, she was

1405
01:02:56,800 --> 01:02:59,160
Speaker 16: very much on top of it. But and you know,

1406
01:02:59,240 --> 01:03:03,520
Speaker 16: here are all our liberal viewers and listeners may may

1407
01:03:03,560 --> 01:03:06,000
Speaker 16: freak out. But when I talked to Donald Trump, when

1408
01:03:06,040 --> 01:03:08,120
Speaker 16: I worked with him, as I did for years and

1409
01:03:08,200 --> 01:03:11,640
Speaker 16: years on important foreign policy issues where I was Foreign

1410
01:03:11,640 --> 01:03:14,240
Speaker 16: Secretary and then as Prime minister, you know.

1411
01:03:14,240 --> 01:03:17,600
Speaker 6: He was pretty gone good, and he was robust.

1412
01:03:17,920 --> 01:03:21,560
Speaker 16: And he was robust on Syria where he bombed the

1413
01:03:21,600 --> 01:03:24,440
Speaker 16: hell out of bachel Ala Sad for using chemical weapons.

1414
01:03:24,520 --> 01:03:30,840
Speaker 16: He was robust on Iran liquid and vaporizing customs Solimani.

1415
01:03:30,400 --> 01:03:32,560
Speaker 6: And by god, he was a robust on Putin.

1416
01:03:33,600 --> 01:03:36,440
Speaker 16: Everybody's everybody now obsessed with the kind of you know,

1417
01:03:36,640 --> 01:03:41,160
Speaker 16: Tucker Carlson Putin fanboy, you know stuff. They love him,

1418
01:03:41,160 --> 01:03:43,120
Speaker 16: taking his shirt off and always and they're away sort

1419
01:03:43,120 --> 01:03:47,080
Speaker 16: of horrible, sort of extreme admiration for Putin.

1420
01:03:48,080 --> 01:03:50,000
Speaker 6: But I don't think that's where Trump is at all. Now.

1421
01:03:50,160 --> 01:03:51,680
Speaker 6: I may be wrong, but I don't think that's where

1422
01:03:51,680 --> 01:03:51,960
Speaker 6: he is.

1423
01:03:52,640 --> 01:03:59,760
Speaker 16: He gave the Ukrainians the shoulder or the javelin missiles, right,

1424
01:04:00,640 --> 01:04:01,400
Speaker 16: which were.

1425
01:04:01,880 --> 01:04:03,760
Speaker 6: The Democrats didn't do anything like that.

1426
01:04:05,160 --> 01:04:07,640
Speaker 16: Obama Biden when they when they were running the where

1427
01:04:07,640 --> 01:04:12,240
Speaker 16: when Putin invaded don Bass and crimea nothing and Trump

1428
01:04:12,280 --> 01:04:15,000
Speaker 16: did that. And I tell you something, when when Putin

1429
01:04:15,080 --> 01:04:21,680
Speaker 16: poisoned the those people as innocent people in in Salisbury

1430
01:04:21,720 --> 01:04:25,880
Speaker 16: and Wiltshair in our country, remember that it was Donald

1431
01:04:25,920 --> 01:04:30,960
Speaker 16: Trump who massively surprised on the upside by expelling sixty

1432
01:04:31,040 --> 01:04:35,120
Speaker 16: Russian spies. And look, oh, I'm saying, Mike is you know,

1433
01:04:36,240 --> 01:04:41,880
Speaker 16: you say he's a nut job, and she has if so.

1434
01:04:41,880 --> 01:04:43,440
Speaker 6: There was definitely a method in his madness.

1435
01:04:43,520 --> 01:04:45,800
Speaker 16: But I would say, is that I see a world

1436
01:04:46,440 --> 01:04:49,680
Speaker 16: and you know, this is what I will be saying

1437
01:04:49,680 --> 01:04:52,360
Speaker 16: at the DUCO event. I think the world will be

1438
01:04:52,440 --> 01:04:56,440
Speaker 16: happier and more peaceful for having a strong America.

1439
01:04:56,720 --> 01:04:59,720
Speaker 3: But but hold on a minute. He's not interested in Ukraine.

1440
01:05:00,240 --> 01:05:03,880
Speaker 3: And no one loves Ukraine outside of Ukraine more than

1441
01:05:03,960 --> 01:05:04,240
Speaker 3: you do.

1442
01:05:04,760 --> 01:05:06,880
Speaker 6: I do love Ukraine and so but that's why, that's why.

1443
01:05:07,000 --> 01:05:09,000
Speaker 16: So maybe I'm speaking with the voice of hope rather

1444
01:05:09,040 --> 01:05:13,680
Speaker 16: than than than than realism, but I still think I'm realistic.

1445
01:05:13,840 --> 01:05:15,680
Speaker 16: You know, I get back to my point. Look at

1446
01:05:15,720 --> 01:05:18,480
Speaker 16: what he did when he was in He has a

1447
01:05:18,600 --> 01:05:20,680
Speaker 16: he has a base of.

1448
01:05:22,120 --> 01:05:24,800
Speaker 6: Some of them, some of them pretty extreme on you know,

1449
01:05:24,840 --> 01:05:25,720
Speaker 6: they like Putin.

1450
01:05:25,760 --> 01:05:28,920
Speaker 16: They think Putin's a stand up family guy with you know,

1451
01:05:29,080 --> 01:05:32,200
Speaker 16: Christian values, I mean, which the biggest bullshit I've ever heard,

1452
01:05:32,640 --> 01:05:39,600
Speaker 16: But that's what they think. And the Ukrainian's problem from

1453
01:05:39,640 --> 01:05:43,320
Speaker 16: the perspective of Donald Trump was that all their most

1454
01:05:43,320 --> 01:05:50,520
Speaker 16: passionate supporters in America, Hillary Clinton, you know, Joe Biden

1455
01:05:51,480 --> 01:05:52,760
Speaker 16: or all these they were all the.

1456
01:05:52,680 --> 01:05:53,560
Speaker 6: People he doesn't like.

1457
01:05:54,560 --> 01:06:00,840
Speaker 16: So for him, their cause was espoused by foes, and

1458
01:06:00,960 --> 01:06:03,760
Speaker 16: that made it difficult for him to be where I

1459
01:06:03,800 --> 01:06:06,160
Speaker 16: think naturally he would be and where I think he

1460
01:06:06,280 --> 01:06:08,880
Speaker 16: will be if he were to get it, which is

1461
01:06:09,480 --> 01:06:12,400
Speaker 16: for a strong West, for standing up to Putin as

1462
01:06:12,400 --> 01:06:17,720
Speaker 16: he did before, and for not allowing NATO to be humiliated,

1463
01:06:17,760 --> 01:06:21,840
Speaker 16: not allowing Western democracy and America to be humiliated, because

1464
01:06:21,880 --> 01:06:24,760
Speaker 16: that's what would happen if they're allowed Putin to win.

1465
01:06:25,160 --> 01:06:26,360
Speaker 6: It will be a total.

1466
01:06:26,120 --> 01:06:29,800
Speaker 16: Humiliation for America and the consequences will be will play

1467
01:06:29,800 --> 01:06:30,959
Speaker 16: out for decades to come.

1468
01:06:31,040 --> 01:06:33,000
Speaker 3: All Right, Well, they'll type you're right, but say you're wrong,

1469
01:06:33,440 --> 01:06:36,320
Speaker 3: and Trumps out and it's left to NATO. Is NATO

1470
01:06:36,480 --> 01:06:39,200
Speaker 3: and Europe up for Ukraine in a way that defeats Putin.

1471
01:06:39,800 --> 01:06:42,440
Speaker 16: I think that you have to recognize, Mike, that NATO

1472
01:06:42,600 --> 01:06:47,760
Speaker 16: is effectively the vehicle for America for the expression of

1473
01:06:47,800 --> 01:06:51,040
Speaker 16: American military hegemony in the euro Atlantic area. That's where

1474
01:06:51,080 --> 01:06:55,280
Speaker 16: NATO is the supreme allied commander in Europe. That the

1475
01:06:55,280 --> 01:06:58,200
Speaker 16: top military office is always, always, since I had Dwright

1476
01:06:58,280 --> 01:07:02,400
Speaker 16: the Eisenhower, it's always been held by an American. And

1477
01:07:02,840 --> 01:07:05,959
Speaker 16: that's just that's just the way it it works that

1478
01:07:05,680 --> 01:07:09,440
Speaker 16: the Deputy Sacure tends to be a brit I think

1479
01:07:09,440 --> 01:07:13,080
Speaker 16: always has been a brit But that just is how

1480
01:07:13,120 --> 01:07:16,479
Speaker 16: it works. So the idea of having an admission into

1481
01:07:16,560 --> 01:07:21,200
Speaker 16: NATO without American consent or without American you know, enthusiasm,

1482
01:07:21,280 --> 01:07:22,360
Speaker 16: is just not as not possible.

1483
01:07:22,680 --> 01:07:24,200
Speaker 6: But I would say to all.

1484
01:07:24,040 --> 01:07:28,520
Speaker 16: Our American friends that this is a massive, massive win

1485
01:07:28,640 --> 01:07:30,760
Speaker 16: for American and a saving in the long run.

1486
01:07:31,520 --> 01:07:31,720
Speaker 6: You know.

1487
01:07:32,480 --> 01:07:37,000
Speaker 16: The the reason we've got this appalling wall, which all

1488
01:07:37,200 --> 01:07:40,360
Speaker 16: all the instability, the inflation, the problems it's caused the

1489
01:07:40,400 --> 01:07:43,760
Speaker 16: world is because of that lack of clarity in the

1490
01:07:43,800 --> 01:07:46,680
Speaker 16: borders in Europe and because it seemed to Poot him

1491
01:07:47,160 --> 01:07:50,800
Speaker 16: that we were willing to acquiesce in him trying to

1492
01:07:50,840 --> 01:07:54,880
Speaker 16: rebuild the Soviet Empire, and you've got to get You've

1493
01:07:54,880 --> 01:07:57,760
Speaker 16: got to get Ukraine into NATO now, because that's the

1494
01:07:57,800 --> 01:07:58,360
Speaker 16: only solution.

1495
01:07:58,520 --> 01:07:59,560
Speaker 6: Why is Hungary and NATO?

1496
01:07:59,600 --> 01:08:03,480
Speaker 16: Why is Why is Lithuania, LaPier, Estonia, Finland in NATO

1497
01:08:03,640 --> 01:08:05,400
Speaker 16: because they've all been invaded by Russia.

1498
01:08:05,560 --> 01:08:08,480
Speaker 3: We are in conversation with Boris Johnson, who's in New

1499
01:08:08,560 --> 01:08:10,960
Speaker 3: York more shortly fifteen past the.

1500
01:08:11,160 --> 01:08:16,200
Speaker 1: Mic Asking Breakfast Full Show podcast on iHeartRadio powered by News.

1501
01:08:15,960 --> 01:08:19,799
Speaker 3: Talk Zippy News Talks every seventeen past eight. Boris Johnson

1502
01:08:19,800 --> 01:08:21,240
Speaker 3: in the country in a couple of weeks time. I'll

1503
01:08:21,240 --> 01:08:23,519
Speaker 3: give you details shortly. But in conversation with them the

1504
01:08:23,520 --> 01:08:25,880
Speaker 3: other day, having just said what he said about Trump,

1505
01:08:25,920 --> 01:08:28,640
Speaker 3: I said, you know, obviously he knows Trump. So I

1506
01:08:28,680 --> 01:08:31,240
Speaker 3: wanted to know when Trump says I will in the war,

1507
01:08:31,320 --> 01:08:32,360
Speaker 3: how does he do that?

1508
01:08:33,160 --> 01:08:36,280
Speaker 6: I think what he does this is no secret.

1509
01:08:36,280 --> 01:08:38,960
Speaker 16: What he what he proposes is to ring up the

1510
01:08:39,000 --> 01:08:42,479
Speaker 16: pair of them, Vladimir Putin and lot of b Zolenski

1511
01:08:42,520 --> 01:08:46,639
Speaker 16: and say the Putin look, unless you cut a deal,

1512
01:08:49,160 --> 01:08:52,200
Speaker 16: you know, we'll give the Ukrainians everything they possibly want,

1513
01:08:52,240 --> 01:08:55,200
Speaker 16: and and vice versa, he'll ring Zolenski and say, le's

1514
01:08:55,200 --> 01:08:55,800
Speaker 16: you kind of deal.

1515
01:08:56,800 --> 01:08:58,320
Speaker 6: We're going to cut the funding. Now.

1516
01:08:58,720 --> 01:09:02,920
Speaker 16: The problem with that is that it won't work, and

1517
01:09:02,960 --> 01:09:05,200
Speaker 16: it will you know, the best it can lead to

1518
01:09:05,320 --> 01:09:08,960
Speaker 16: is a sort of terrible standoff in which Putin retains

1519
01:09:09,000 --> 01:09:12,799
Speaker 16: the ability to attack Ukraine, and that will be obvious

1520
01:09:12,840 --> 01:09:17,599
Speaker 16: to Trump. It will collapse, and the Ukrainians went accepted, and

1521
01:09:18,880 --> 01:09:21,639
Speaker 16: they won't accept a partition. They went they won't accept

1522
01:09:21,640 --> 01:09:24,800
Speaker 16: the loss of so much of their country, and why

1523
01:09:24,800 --> 01:09:27,880
Speaker 16: should they. They will fight on. I mean, Putin has

1524
01:09:28,000 --> 01:09:32,720
Speaker 16: totally disproved his own thesis about Ukraine. He set out

1525
01:09:32,760 --> 01:09:34,960
Speaker 16: to show that Ukraine wasn't really a country. He wrote

1526
01:09:34,960 --> 01:09:38,240
Speaker 16: that crazy essay saying that Ukraine was was, you know,

1527
01:09:38,320 --> 01:09:43,400
Speaker 16: just a sort of a kind of slabic emanation of

1528
01:09:43,439 --> 01:09:47,439
Speaker 16: the of the of the Russo sphere, and you know

1529
01:09:47,760 --> 01:09:50,759
Speaker 16: that it was integraly bound up with with Russia.

1530
01:09:51,320 --> 01:09:53,599
Speaker 6: And he's proved decisively that that's not the case.

1531
01:09:54,120 --> 01:10:00,000
Speaker 16: The Ukrain's have the fiercest, most passionate nationalism patriotism any

1532
01:10:00,240 --> 01:10:03,559
Speaker 16: in the world, and.

1533
01:10:02,640 --> 01:10:05,480
Speaker 6: They're gonna win because it's a war of independence.

1534
01:10:05,520 --> 01:10:09,160
Speaker 16: Now, wars of independence only end one way.

1535
01:10:08,600 --> 01:10:11,040
Speaker 6: And the sooner we get it done, the better.

1536
01:10:11,080 --> 01:10:14,120
Speaker 3: I hope you're right. Hey, listen domestically generic or bed knock.

1537
01:10:14,840 --> 01:10:18,000
Speaker 16: Well, it's it's absolutely sweet of you to invite me

1538
01:10:18,080 --> 01:10:21,559
Speaker 16: to uh comment. The best thing I can do is

1539
01:10:21,560 --> 01:10:23,920
Speaker 16: is stay way way out of that one. But whoever,

1540
01:10:23,920 --> 01:10:26,040
Speaker 16: you know, I'm sure whoever gets it with a bang

1541
01:10:26,120 --> 01:10:29,400
Speaker 16: up job, and and the whole kar starletork and and

1542
01:10:29,600 --> 01:10:32,800
Speaker 16: you know Starmer is absolutely plowing this thing right now.

1543
01:10:32,920 --> 01:10:34,280
Speaker 6: As I said to you at the beginning, you know,

1544
01:10:36,040 --> 01:10:37,839
Speaker 6: it's it's it's painful.

1545
01:10:38,320 --> 01:10:42,960
Speaker 16: You know why the guy takes six hundred pounds from

1546
01:10:43,000 --> 01:10:45,080
Speaker 16: a from a donut for a pair of spectacles?

1547
01:10:45,200 --> 01:10:49,160
Speaker 6: How earth can you don't have spectacles? But I don't aspecticle,

1548
01:10:49,160 --> 01:10:50,800
Speaker 6: But I mean, how do you spend six hundred pounds

1549
01:10:50,800 --> 01:10:53,240
Speaker 6: a pair of spectacles? It cost one pound? It costs

1550
01:10:53,280 --> 01:10:56,559
Speaker 6: one pound in tesco and he's look what the taxes?

1551
01:10:56,720 --> 01:10:59,360
Speaker 6: But did I mentioned earlier? I think I did, doesn't

1552
01:10:59,400 --> 01:11:00,000
Speaker 6: need to do it?

1553
01:11:00,280 --> 01:11:02,400
Speaker 3: Hand on heart, Do you wish you were still there?

1554
01:11:03,439 --> 01:11:06,280
Speaker 6: Hand on heart wherea you? Yes? Absolutely?

1555
01:11:06,800 --> 01:11:08,280
Speaker 16: I not only do I wish I was still there,

1556
01:11:08,280 --> 01:11:11,200
Speaker 16: I'm absolutely confident that things would be much much better.

1557
01:11:11,200 --> 01:11:11,640
Speaker 6: If I was.

1558
01:11:11,680 --> 01:11:14,200
Speaker 16: But that's a you know, I think every every politicians

1559
01:11:14,320 --> 01:11:17,360
Speaker 16: entitled to that type of vanity and delusion.

1560
01:11:17,400 --> 01:11:19,880
Speaker 6: But I genuinely believe it. I really, I think it's

1561
01:11:19,880 --> 01:11:22,040
Speaker 6: a I look at a lot of this stuff's happening now.

1562
01:11:22,040 --> 01:11:25,120
Speaker 6: I don't understand what they're doing.

1563
01:11:25,400 --> 01:11:28,280
Speaker 3: Listen, if you're as entertaining as you've been. You know

1564
01:11:28,400 --> 01:11:32,400
Speaker 3: DUCO events, Duco. You know Joseph Parker, the boxer, I

1565
01:11:32,439 --> 01:11:35,759
Speaker 3: think so, yes, yes, anyway, Joseph Parker is promoted by DUCO.

1566
01:11:35,920 --> 01:11:38,560
Speaker 3: So they're promoting him as a heavyweight. You're a heavyweight.

1567
01:11:38,960 --> 01:11:41,760
Speaker 3: They know about heavyweights, right, they're putting us in the

1568
01:11:41,840 --> 01:11:44,559
Speaker 3: ring together. No, I don't think so. Anyway. Listen, looking

1569
01:11:44,560 --> 01:11:46,000
Speaker 3: forward to seeing you in the country.

1570
01:11:46,439 --> 01:11:48,160
Speaker 6: Take care, long longing to see you.

1571
01:11:49,040 --> 01:11:51,559
Speaker 3: Nice guy, isn't he Well? I liked him anyway. Boris

1572
01:11:51,600 --> 01:11:54,599
Speaker 3: Johnson talked to him last week in hotel in New York.

1573
01:11:55,000 --> 01:11:57,800
Speaker 3: The General Capital. Long lunch is what he's actually going

1574
01:11:57,800 --> 01:12:02,640
Speaker 3: to be there would Juke of events Duku for a

1575
01:12:02,680 --> 01:12:04,559
Speaker 3: part of the interview, he's we got the video, we're

1576
01:12:04,560 --> 01:12:06,280
Speaker 3: going to put the video up or not really, we're

1577
01:12:06,320 --> 01:12:09,559
Speaker 3: not going to do that. You know, he's waving his book.

1578
01:12:09,600 --> 01:12:12,519
Speaker 3: Halfway through He's like he's everything you thought. He's complete

1579
01:12:12,560 --> 01:12:15,800
Speaker 3: and out of shambles, but fantastic with it. The General

1580
01:12:15,840 --> 01:12:20,559
Speaker 3: Capital Long Lunch Boris Johnson unleashed. It is Tuesday, December three,

1581
01:12:21,479 --> 01:12:24,360
Speaker 3: and it's between twelve thirty and four and it's at

1582
01:12:24,360 --> 01:12:26,760
Speaker 3: the cordyce in Auckland. You probably won't want to miss

1583
01:12:26,800 --> 01:12:27,800
Speaker 3: out A twenty.

1584
01:12:27,560 --> 01:12:33,080
Speaker 1: Two The Mike Costing Breakfast with Bailey's Real Estate News

1585
01:12:33,120 --> 01:12:35,120
Speaker 1: Dogs they now.

1586
01:12:35,160 --> 01:12:37,439
Speaker 3: Earlier this year we talked about the amazing Central Otago

1587
01:12:37,520 --> 01:12:41,120
Speaker 3: wine MacArthur Ridge a Southern Tour twenty two. Now Mcarthurridge

1588
01:12:41,200 --> 01:12:43,920
Speaker 3: is Alexandra location more than ours drive from the typical

1589
01:12:44,000 --> 01:12:47,040
Speaker 3: wine growing regions of Central Otago in fact makes it

1590
01:12:47,120 --> 01:12:51,640
Speaker 3: this country's southernmost vineyard, which they credit for the superb taste.

1591
01:12:52,120 --> 01:12:54,960
Speaker 3: So Southern Tour twenty two became the most awarded twenty

1592
01:12:55,000 --> 01:12:57,000
Speaker 3: twenty two pen and Wire in the country, including picking

1593
01:12:57,040 --> 01:12:59,320
Speaker 3: up the Decanter Award that's the most prestigious one of all.

1594
01:12:59,640 --> 01:13:01,800
Speaker 3: Also received the Best in Show at the Decanta World

1595
01:13:01,840 --> 01:13:04,120
Speaker 3: Wine Awards in London. Scored an amazing ninety seven out

1596
01:13:04,160 --> 01:13:08,000
Speaker 3: of one hundred. Bad News this remarkable wine from a

1597
01:13:08,120 --> 01:13:10,840
Speaker 3: new player in the region that's sold out gone good news.

1598
01:13:11,560 --> 01:13:14,800
Speaker 3: MacArthur Ridge's twenty twenty three vintage was named Champion pinin

1599
01:13:14,840 --> 01:13:18,160
Speaker 3: Wa and Champion Wine at this year's New Zealand International

1600
01:13:18,160 --> 01:13:22,360
Speaker 3: Wine Show. This one you can still get, so MacArthur

1601
01:13:22,760 --> 01:13:26,599
Speaker 3: think summer drinking, barbecues, family round for Christmas MacArthur Ridge

1602
01:13:26,640 --> 01:13:29,960
Speaker 3: Southern Tour twenty three and to find out more, maybe

1603
01:13:30,040 --> 01:13:32,200
Speaker 3: order some for yourself and dare I suggest at a

1604
01:13:32,280 --> 01:13:35,679
Speaker 3: pretty damn good price MacArthur Ridge dot com. It's one

1605
01:13:35,720 --> 01:13:41,360
Speaker 3: word Macarthurridge dot comsci like Boris is a strong base

1606
01:13:41,360 --> 01:13:44,960
Speaker 3: from a UK education system which keeps them grounded politically.

1607
01:13:45,320 --> 01:13:47,920
Speaker 3: Mike Car's at Oxford with Boris. One of the most

1608
01:13:47,920 --> 01:13:50,800
Speaker 3: intelligent people you'll meet, possibly too much so for the

1609
01:13:50,840 --> 01:13:53,680
Speaker 3: global wokeness that seems to have gotten a grip. It's

1610
01:13:53,720 --> 01:13:56,960
Speaker 3: not a bad point. His self discipline or lack of

1611
01:13:57,640 --> 01:14:00,679
Speaker 3: probably didn't help him much along the way, but I've

1612
01:14:00,720 --> 01:14:03,960
Speaker 3: always been a massive fan of Boris. Johnson read his

1613
01:14:04,080 --> 01:14:07,360
Speaker 3: books followed as columns, knew some way, somehow he would

1614
01:14:07,400 --> 01:14:09,519
Speaker 3: get to be the Prime Minister and was disappointed as

1615
01:14:09,560 --> 01:14:12,320
Speaker 3: much as I suspect himself. Then he basically blew it.

1616
01:14:12,760 --> 01:14:15,320
Speaker 3: I do believe him that if that hung in there,

1617
01:14:16,080 --> 01:14:17,800
Speaker 3: he may not have won this time round, but it

1618
01:14:17,840 --> 01:14:20,280
Speaker 3: would have been a hell of a lot closer than

1619
01:14:20,280 --> 01:14:23,759
Speaker 3: it was now. Speaking of education, locked in since twenty

1620
01:14:23,800 --> 01:14:27,000
Speaker 3: seventeen has been in Britain the price of going to university.

1621
01:14:27,000 --> 01:14:28,960
Speaker 3: They locked it in at nine thousand, two, one hundred

1622
01:14:29,000 --> 01:14:33,000
Speaker 3: and fifty pounds. But the Labor Party, freshly anointed into

1623
01:14:33,040 --> 01:14:36,320
Speaker 3: the halls of power, have decided that's far too little

1624
01:14:36,320 --> 01:14:38,120
Speaker 3: and we'll need to play a great deal more than that.

1625
01:14:38,240 --> 01:14:41,599
Speaker 3: So they've announced this morning a rise in tertiary fees,

1626
01:14:41,880 --> 01:14:44,519
Speaker 3: which of course will have gone down an absolute treat

1627
01:14:44,960 --> 01:14:47,320
Speaker 3: Rod Little lit at the retailer. The News, which is

1628
01:14:47,360 --> 01:14:48,599
Speaker 3: next Team Reviews talk.

1629
01:14:48,479 --> 01:14:57,479
Speaker 1: Se your trusted source for news and fews. The Mic

1630
01:14:57,600 --> 01:15:01,280
Speaker 1: Hosking Breakfast with the range Rover. That's the lah designed

1631
01:15:01,479 --> 01:15:02,960
Speaker 1: to intrigue and use togs.

1632
01:15:03,160 --> 01:15:06,040
Speaker 3: Be Mike. I'm in California as a New Zealand US citizen.

1633
01:15:06,080 --> 01:15:08,600
Speaker 3: I've already voted. Despite California being a liberal state, I

1634
01:15:08,680 --> 01:15:11,879
Speaker 3: must say I've seen far more Trump science flag shirts, bandits,

1635
01:15:11,880 --> 01:15:14,479
Speaker 3: et cetera. Based solely on visuals. I have to say

1636
01:15:14,479 --> 01:15:16,479
Speaker 3: Trump actually has a chance in California. I can tell

1637
01:15:16,520 --> 01:15:18,920
Speaker 3: you for something that he doesn't, although I take it

1638
01:15:19,040 --> 01:15:20,879
Speaker 3: you've seen a lot of Trump flags and that's fantastic.

1639
01:15:20,880 --> 01:15:24,480
Speaker 3: But I will eat my hat if Trump wins California,

1640
01:15:24,880 --> 01:15:27,160
Speaker 3: though it still remains to be seen what happens tomorrow.

1641
01:15:27,200 --> 01:15:29,719
Speaker 3: I fly out for New Zealand tonight and I'm actually

1642
01:15:29,760 --> 01:15:32,000
Speaker 3: glad I'll be home in New Zealand before election day.

1643
01:15:32,080 --> 01:15:35,559
Speaker 3: The threat of craziness on and after the election appears

1644
01:15:36,120 --> 01:15:38,200
Speaker 3: very possible. Well, we'll look forward to seeing you back

1645
01:15:38,200 --> 01:15:39,960
Speaker 3: in the country. Stand twenty three to nine.

1646
01:15:40,280 --> 01:15:44,160
Speaker 14: International Correspondence with ends and eye insurance, Peace of mind

1647
01:15:44,200 --> 01:15:45,200
Speaker 14: for New Zealand business.

1648
01:15:45,600 --> 01:15:49,280
Speaker 3: We go one little bit. It's right morning to you, mate.

1649
01:15:49,360 --> 01:15:52,080
Speaker 3: So nine two hundred and fifty pounds has been the

1650
01:15:52,080 --> 01:15:54,879
Speaker 3: price of entry to a university stuck there since twenty seventeen.

1651
01:15:54,920 --> 01:15:56,960
Speaker 3: You don't know how lucky you are. So labors come

1652
01:15:57,000 --> 01:16:00,439
Speaker 3: in and put it up by how much and how

1653
01:16:00,479 --> 01:16:02,639
Speaker 3: much political capital do they burn? And doing that.

1654
01:16:03,760 --> 01:16:06,040
Speaker 7: About three hundred quid and they've done quite a lot

1655
01:16:06,080 --> 01:16:10,200
Speaker 7: with the young people. You know, tuition fees which are

1656
01:16:10,240 --> 01:16:14,040
Speaker 7: not popular. They're not popular on the left with people

1657
01:16:14,120 --> 01:16:17,400
Speaker 7: who believe that this isn't imposition on the young people

1658
01:16:17,400 --> 01:16:20,439
Speaker 7: of the country, or on the right who believe the

1659
01:16:20,479 --> 01:16:24,160
Speaker 7: same thing, but also would add that the universities are

1660
01:16:24,200 --> 01:16:28,800
Speaker 7: a broken muddle of capitalism and are failing in every

1661
01:16:28,840 --> 01:16:33,759
Speaker 7: possible way. And the connngary young children are our elder children.

1662
01:16:35,360 --> 01:16:38,200
Speaker 7: The tourists have kept them at that rate for seven

1663
01:16:38,280 --> 01:16:41,599
Speaker 7: years and labor has put it up that will go

1664
01:16:41,720 --> 01:16:46,920
Speaker 7: down very very badly. Indeed with the student vote which

1665
01:16:47,000 --> 01:16:50,320
Speaker 7: is eighty percent labor twenty percent.

1666
01:16:50,000 --> 01:16:53,840
Speaker 3: Peren So what happens I mean, is it the same

1667
01:16:53,920 --> 01:16:56,200
Speaker 3: line we don't have the money, wish we could, but

1668
01:16:56,280 --> 01:16:56,679
Speaker 3: we don't.

1669
01:16:58,560 --> 01:17:01,519
Speaker 7: Well, no one will grasp the there are two nettles,

1670
01:17:01,520 --> 01:17:04,640
Speaker 7: two big nettles. Well, it is that British universities are

1671
01:17:04,640 --> 01:17:08,280
Speaker 7: badly run at the moment. They don't know how to

1672
01:17:08,400 --> 01:17:11,720
Speaker 7: raise their money and they're all failing and it's a

1673
01:17:11,880 --> 01:17:16,280
Speaker 7: real problem for the universities. And then the second thing,

1674
01:17:16,320 --> 01:17:20,599
Speaker 7: which is that we fetishize universities. There are too many

1675
01:17:20,640 --> 01:17:25,479
Speaker 7: of them offering useless degrees to people for vast amount

1676
01:17:25,520 --> 01:17:28,840
Speaker 7: of money which they can't afford to pay, and to

1677
01:17:28,840 --> 01:17:31,320
Speaker 7: have this debt hanging around them, and no one is

1678
01:17:31,360 --> 01:17:36,560
Speaker 7: prepared to address those two main stem problems with our universities.

1679
01:17:36,640 --> 01:17:38,360
Speaker 3: It's amazing. The more I talk to you, the more

1680
01:17:38,439 --> 01:17:40,800
Speaker 3: problems you have, the same problems we have here. It's

1681
01:17:40,840 --> 01:17:48,040
Speaker 3: exactly what's going on. Laura Trot speaking of university. So

1682
01:17:48,120 --> 01:17:53,240
Speaker 3: she'll be shadow education, Neil O'Brien, shadow education, Sorry, shadow education.

1683
01:17:54,920 --> 01:17:57,120
Speaker 3: Who are these people? Are they rock stars? Are they

1684
01:17:57,160 --> 01:17:58,639
Speaker 3: going to take you to the promised Land?

1685
01:18:00,040 --> 01:18:02,880
Speaker 7: They're not rock stars, None of them are at the moment.

1686
01:18:03,080 --> 01:18:07,120
Speaker 7: And a number of large figures have left the stage

1687
01:18:07,160 --> 01:18:11,360
Speaker 7: and said they won't be part of Kerrie Beidenof's administration,

1688
01:18:11,479 --> 01:18:17,400
Speaker 7: including Jeremy Hunt, thank you Lord, and various others Grand Shafts,

1689
01:18:17,400 --> 01:18:21,000
Speaker 7: for example, James Cleverly, who still thinks he ought to

1690
01:18:21,000 --> 01:18:26,559
Speaker 7: be leader of the party. James James relayed upon your

1691
01:18:26,600 --> 01:18:34,280
Speaker 7: surname quickly. So there's all that. But what she has

1692
01:18:34,960 --> 01:18:38,080
Speaker 7: is a clear mandate, a clear mandate from the party.

1693
01:18:38,520 --> 01:18:41,800
Speaker 7: You know, we talked about this in fairness. I said

1694
01:18:41,840 --> 01:18:44,640
Speaker 7: sixty forty. It was a little bit closer than that,

1695
01:18:44,680 --> 01:18:48,240
Speaker 7: but not terribly much closer. She does have the support

1696
01:18:48,280 --> 01:18:51,240
Speaker 7: of her party, well, she has the support of people

1697
01:18:51,320 --> 01:18:55,120
Speaker 7: like Boris Johnson who are popular within her party, and

1698
01:18:55,320 --> 01:18:59,439
Speaker 7: I think that she will be a pretty strong figure

1699
01:19:00,120 --> 01:19:04,360
Speaker 7: when it comes to fighting Sekre Starma, both in parliament

1700
01:19:04,400 --> 01:19:07,160
Speaker 7: and outside parliament. She knows her own mind.

1701
01:19:07,080 --> 01:19:10,040
Speaker 3: Sure, so to two part question. Very early days obviously,

1702
01:19:10,080 --> 01:19:12,120
Speaker 3: but you get a sense about it. Does she look

1703
01:19:12,280 --> 01:19:16,320
Speaker 3: and feel like she's at peace and comfortable in the

1704
01:19:16,439 --> 01:19:18,639
Speaker 3: job or does she look like she's feeling away sickond

1705
01:19:18,680 --> 01:19:21,160
Speaker 3: part PMQ's when she up for the first time.

1706
01:19:22,600 --> 01:19:24,320
Speaker 7: Yeah, I don't know when she's up for the first

1707
01:19:24,400 --> 01:19:26,840
Speaker 7: time at the moment, because I don't know when officially

1708
01:19:26,880 --> 01:19:32,400
Speaker 7: Richie Susnacharith is no longer the leader. But okay, does

1709
01:19:32,439 --> 01:19:34,439
Speaker 7: she look as if she's up for it. She has

1710
01:19:34,479 --> 01:19:35,880
Speaker 7: looked as if she's up for her for two or

1711
01:19:35,880 --> 01:19:40,240
Speaker 7: three years. Mate. She is not short of self confidence

1712
01:19:40,600 --> 01:19:42,479
Speaker 7: and that may come back to bite her at some

1713
01:19:42,560 --> 01:19:46,679
Speaker 7: point in time. I think she'll be fine and we'll

1714
01:19:46,720 --> 01:19:48,960
Speaker 7: look forward to the first time she takes on Starma

1715
01:19:49,040 --> 01:19:49,840
Speaker 7: at question time.

1716
01:19:50,360 --> 01:19:52,800
Speaker 3: How many questions have there been? We haven't talked about

1717
01:19:52,800 --> 01:19:54,280
Speaker 3: this for a few weeks, but you go back to

1718
01:19:54,320 --> 01:19:57,360
Speaker 3: Southport in the tragedy of and a lot of people

1719
01:19:57,400 --> 01:20:00,320
Speaker 3: said what they said, including people like Farage, and then

1720
01:20:00,360 --> 01:20:02,760
Speaker 3: all of a sudden these secondary charges come along and

1721
01:20:02,800 --> 01:20:05,080
Speaker 3: a lot of people are going old on here, Why

1722
01:20:05,160 --> 01:20:07,520
Speaker 3: didn't you do this in the first place? How contentious

1723
01:20:07,560 --> 01:20:08,280
Speaker 3: has this all got.

1724
01:20:10,240 --> 01:20:12,840
Speaker 7: It's not that contentious at the moment, but I think

1725
01:20:12,880 --> 01:20:17,280
Speaker 7: it will become very contentious. This is Acel Rudy Kabana

1726
01:20:17,600 --> 01:20:21,200
Speaker 7: who stabbed a number of children in South bull to death,

1727
01:20:22,600 --> 01:20:26,120
Speaker 7: and it's subsequently been found out that he was growing

1728
01:20:26,360 --> 01:20:32,760
Speaker 7: rice in his home as well as as well as

1729
01:20:32,760 --> 01:20:35,320
Speaker 7: being in possession of a book military studies in the

1730
01:20:35,520 --> 01:20:39,200
Speaker 7: she had against the Tyrants, which is al Qaeda Manual.

1731
01:20:39,640 --> 01:20:42,040
Speaker 7: And we were all assured this was nothing to do

1732
01:20:42,120 --> 01:20:45,439
Speaker 7: with terrorism. We're still being assured it's nothing to do

1733
01:20:45,520 --> 01:20:48,760
Speaker 7: with terrorism. That's what Serena Kennedy, Chief Council will have

1734
01:20:49,360 --> 01:20:55,600
Speaker 7: merseeside said. But this is rubbish and this is really corrosive.

1735
01:20:56,080 --> 01:20:59,479
Speaker 7: They are keeping information from the public in this country

1736
01:21:00,080 --> 01:21:05,000
Speaker 7: and that fuels the kind of corrosive conspiracy series which

1737
01:21:05,080 --> 01:21:07,880
Speaker 7: caused those riots at the end of July this year.

1738
01:21:08,800 --> 01:21:13,600
Speaker 3: And Quincy Jones Rod ninety one, not a bad life.

1739
01:21:13,040 --> 01:21:15,760
Speaker 7: A brilliant man. Just one quick thing to say about him.

1740
01:21:15,800 --> 01:21:20,080
Speaker 7: Nothing to do with the EUK obviously. He wrote the theme

1741
01:21:20,160 --> 01:21:23,439
Speaker 7: music for one of the greatest films in American history,

1742
01:21:23,479 --> 01:21:26,720
Speaker 7: In the Heat of the Night, and that film won

1743
01:21:26,960 --> 01:21:32,360
Speaker 7: every single oscar going at the nineteen sixty eight Academy Awards,

1744
01:21:32,640 --> 01:21:37,320
Speaker 7: you know, from Rod Steiger for Leading Actor, for Best Film,

1745
01:21:37,360 --> 01:21:41,479
Speaker 7: for Best Direction, everything apart from two there were two

1746
01:21:41,560 --> 01:21:45,240
Speaker 7: people who didn't who didn't win, and one of them

1747
01:21:45,280 --> 01:21:49,519
Speaker 7: didn't even get nominated. Sydney Poitier was never nominated, did

1748
01:21:49,560 --> 01:21:52,559
Speaker 7: not win for Best Actor, and Quincy Jones for that

1749
01:21:52,920 --> 01:21:56,800
Speaker 7: brilliant soundtrack, did not even get nominated. So it's one

1750
01:21:56,840 --> 01:21:59,680
Speaker 7: of those things when we look at Hollywood now and

1751
01:21:59,760 --> 01:22:04,960
Speaker 7: say they're too politically correct, they're bending over themselves. We

1752
01:22:05,080 --> 01:22:07,960
Speaker 7: have to remember the past as well, and Quincy Churns

1753
01:22:08,560 --> 01:22:10,719
Speaker 7: surely deserved an Oscar for that film.

1754
01:22:10,800 --> 01:22:13,320
Speaker 3: Well, they're nice to talk to you, Rod little back

1755
01:22:13,360 --> 01:22:16,559
Speaker 3: on Thursday for you just quickly, private schools as part

1756
01:22:16,600 --> 01:22:20,360
Speaker 3: of the business of the tax bat as a result

1757
01:22:20,400 --> 01:22:22,240
Speaker 3: of the budget the other day, they're taking legal actions.

1758
01:22:22,240 --> 01:22:24,360
Speaker 3: So it'll be interesting to watch that. It's been announced

1759
01:22:24,400 --> 01:22:26,240
Speaker 3: that the borrowing and there's a lot of it from

1760
01:22:26,280 --> 01:22:28,120
Speaker 3: the new government in the UK has now reached its

1761
01:22:28,200 --> 01:22:30,680
Speaker 3: highest level ever. And of course with interest rates going up,

1762
01:22:30,960 --> 01:22:33,280
Speaker 3: they pay more on the interest, so they're sinking slowly

1763
01:22:33,280 --> 01:22:35,840
Speaker 3: but surely. And I know yesterday a new report out

1764
01:22:35,840 --> 01:22:39,080
Speaker 3: from the National Audit Office Grenfell, Remember Grenfell all those

1765
01:22:39,160 --> 01:22:42,800
Speaker 3: years ago burnt down. They set a target of twenty

1766
01:22:42,840 --> 01:22:45,479
Speaker 3: thirty five to go around, check all the buildings and

1767
01:22:45,560 --> 01:22:47,160
Speaker 3: sort them all out. Are they going to reach that

1768
01:22:47,200 --> 01:22:48,639
Speaker 3: target according to the new report.

1769
01:22:48,720 --> 01:22:48,800
Speaker 6: No?

1770
01:22:49,200 --> 01:22:51,040
Speaker 3: Are they going to come even close according to the

1771
01:22:51,080 --> 01:22:53,639
Speaker 3: new report. No, So once again, a lot of promises,

1772
01:22:53,680 --> 01:22:55,320
Speaker 3: not a lot of action. Eighty five.

1773
01:22:56,800 --> 01:23:01,120
Speaker 1: The Mic Asking Breakfast Full Show podcast on Radio how

1774
01:23:01,120 --> 01:23:02,320
Speaker 1: It by News Talk said, be.

1775
01:23:02,520 --> 01:23:05,800
Speaker 3: Love listening to your interviews with Rod Anthony. A lot

1776
01:23:05,800 --> 01:23:08,240
Speaker 3: of people do. Mike. Some months ago you presented home

1777
01:23:08,240 --> 01:23:11,760
Speaker 3: ownership figures showing highest home ownership on record. So why

1778
01:23:11,840 --> 01:23:14,400
Speaker 3: is this new headline showing home ownership more difficult?

1779
01:23:14,479 --> 01:23:14,799
Speaker 6: Bruce?

1780
01:23:15,560 --> 01:23:18,280
Speaker 3: As always with the news, it is in the subtlety

1781
01:23:18,400 --> 01:23:21,519
Speaker 3: and neurons of the detail of the day. What I

1782
01:23:21,560 --> 01:23:24,200
Speaker 3: think you're referring to is the census. I do a

1783
01:23:24,200 --> 01:23:26,280
Speaker 3: couple of figures on a regular basis, and that is

1784
01:23:26,520 --> 01:23:29,439
Speaker 3: first home buyers and the first home buyers numbers are

1785
01:23:29,479 --> 01:23:31,759
Speaker 3: anywhere between twenty five, twenty six and twenty seven percent,

1786
01:23:31,800 --> 01:23:34,240
Speaker 3: so at any given time, normally it's over a quarter.

1787
01:23:34,840 --> 01:23:38,280
Speaker 3: A quarter of sales are first home buyers. So that

1788
01:23:38,880 --> 01:23:41,320
Speaker 3: belies the myth that no one can afford a home

1789
01:23:41,360 --> 01:23:43,679
Speaker 3: if you're young and new and you don't have the deposit.

1790
01:23:43,760 --> 01:23:46,479
Speaker 3: It simply isn't true because first home buyers are the

1791
01:23:46,600 --> 01:23:49,640
Speaker 3: biggest buyers in the marketplace at any given time. What

1792
01:23:49,760 --> 01:23:52,400
Speaker 3: I think you're referring to is the census, and the

1793
01:23:52,439 --> 01:23:54,639
Speaker 3: census numbers that came out the other day said home

1794
01:23:54,640 --> 01:23:58,280
Speaker 3: ownership has gone up, and that belies another myth that

1795
01:23:58,280 --> 01:24:00,200
Speaker 3: floats around, and that is that more and more people

1796
01:24:00,200 --> 01:24:01,840
Speaker 3: can't afford a house and therefore more and more people

1797
01:24:01,880 --> 01:24:05,240
Speaker 3: are renting. It is simply not true. What you're then

1798
01:24:05,360 --> 01:24:09,040
Speaker 3: bringing into the conversation today is the survey that's been

1799
01:24:09,040 --> 01:24:12,320
Speaker 3: done by Kiwibank, which is an impression. It's not stats,

1800
01:24:12,320 --> 01:24:14,559
Speaker 3: it's not figures. It's just do you think you want

1801
01:24:14,600 --> 01:24:16,880
Speaker 3: to own a home? Do you think you can afford

1802
01:24:16,920 --> 01:24:19,320
Speaker 3: a home? Do you think you will ever own a home?

1803
01:24:19,439 --> 01:24:21,639
Speaker 3: And people say yes or no. But what people think

1804
01:24:21,680 --> 01:24:24,600
Speaker 3: they can do and what they do do are completely

1805
01:24:24,800 --> 01:24:27,320
Speaker 3: different things. And that's why it's important to work out

1806
01:24:27,600 --> 01:24:30,320
Speaker 3: what we're talking about when we talk about specifics versus

1807
01:24:30,320 --> 01:24:33,000
Speaker 3: what we're talking about this morning, which is a general mood.

1808
01:24:33,080 --> 01:24:35,439
Speaker 3: And the general mood, according to the Kiwi Bank survey

1809
01:24:35,880 --> 01:24:37,920
Speaker 3: is a lot of people don't think they will be

1810
01:24:38,000 --> 01:24:39,760
Speaker 3: able to own a home, but they will be. And

1811
01:24:39,800 --> 01:24:43,000
Speaker 3: I speak from experience and having kids, etc. Is that

1812
01:24:43,080 --> 01:24:45,680
Speaker 3: when you're nineteen or twenty and you're starting out in

1813
01:24:45,720 --> 01:24:48,000
Speaker 3: the world and you're lumbered down with debt and you

1814
01:24:48,040 --> 01:24:49,680
Speaker 3: don't know how you're going to make enough money, it

1815
01:24:49,720 --> 01:24:53,200
Speaker 3: all seems all too hard. Twenty years time, when you're forty,

1816
01:24:53,640 --> 01:24:56,040
Speaker 3: you'll be amazed at what's happened and how quickly life changes.

1817
01:24:56,080 --> 01:25:00,800
Speaker 3: So just to you need to differentiate between the specifics,

1818
01:25:00,880 --> 01:25:04,760
Speaker 3: nuance and subtlety is everything Ten Away from nine.

1819
01:25:04,520 --> 01:25:07,519
Speaker 2: The Mike hosting Rapist with a Vida retirement.

1820
01:25:07,600 --> 01:25:10,519
Speaker 3: Communities News not getting a lot of coverage. It might

1821
01:25:10,560 --> 01:25:13,200
Speaker 3: be because it's limited to christ Church, but David Seymour,

1822
01:25:13,240 --> 01:25:16,160
Speaker 3: who's the Associate Minister of Finance, announced yesterday that this

1823
01:25:16,640 --> 01:25:19,880
Speaker 3: Natural Hazard's Commission, the NHC, which is formerly called the

1824
01:25:19,920 --> 01:25:24,760
Speaker 3: Earthquake Commission EQC program is being wound up. It's the

1825
01:25:25,240 --> 01:25:29,519
Speaker 3: on sold support package. So this was when christ juge,

1826
01:25:29,520 --> 01:25:32,800
Speaker 3: when you bought a house that had been repaired and

1827
01:25:32,880 --> 01:25:36,360
Speaker 3: you discovered that hadn't been repaired properly. And there's a

1828
01:25:36,439 --> 01:25:39,559
Speaker 3: scandal too long or is the event so large that

1829
01:25:39,600 --> 01:25:43,120
Speaker 3: you couldn't expect anything else? Anyway, that particular package needs

1830
01:25:43,160 --> 01:25:44,799
Speaker 3: to be wound up. We need to put a limitation

1831
01:25:44,880 --> 01:25:46,680
Speaker 3: on it. So what they're doing otherwise it's just going

1832
01:25:46,720 --> 01:25:48,600
Speaker 3: to go on forever and cost a fortune. Because the

1833
01:25:48,600 --> 01:25:51,320
Speaker 3: initial estimate is two hundred and fifty million dollars, it's

1834
01:25:51,320 --> 01:25:53,559
Speaker 3: blown out to seven hundred and seventeen million, so you know,

1835
01:25:54,560 --> 01:25:58,160
Speaker 3: triple and rising. Limiting the settlement amounts to one point

1836
01:25:58,200 --> 01:26:00,760
Speaker 3: five times the current rtable capital of the property. Fair

1837
01:26:00,840 --> 01:26:04,360
Speaker 3: enough new deadlines. Deeds must be signer than thirty business days.

1838
01:26:04,360 --> 01:26:07,519
Speaker 3: Construction must start within six months. Fair enough project management

1839
01:26:07,520 --> 01:26:10,080
Speaker 3: costs before construction starts must be limited to four percent

1840
01:26:10,120 --> 01:26:12,479
Speaker 3: of the total payment. Surprise they didn't happen, mind you.

1841
01:26:12,520 --> 01:26:14,960
Speaker 3: It's the Labor Party, Labor government. Surprise they didn't have

1842
01:26:14,960 --> 01:26:18,920
Speaker 3: any limitations in on this. Because what's stopping you going

1843
01:26:19,080 --> 01:26:22,920
Speaker 3: and you bought your house and you need repairs, and

1844
01:26:22,960 --> 01:26:28,120
Speaker 3: you go, oh, while you're there, little pergola, why not

1845
01:26:28,720 --> 01:26:32,240
Speaker 3: hey that deck? When you say the deck's four by four,

1846
01:26:32,400 --> 01:26:36,680
Speaker 3: could it be four by seven? What's stopping you doing that?

1847
01:26:37,080 --> 01:26:38,640
Speaker 3: And all of a sudden, your budget's gone from tw

1848
01:26:38,680 --> 01:26:40,920
Speaker 3: hundred and fifty million to seven hundred and seventeen. And

1849
01:26:40,920 --> 01:26:43,479
Speaker 3: then David Seymour goes hold on from December twenty three

1850
01:26:43,560 --> 01:26:45,680
Speaker 3: further limit. The further limit will be applied if the

1851
01:26:45,680 --> 01:26:47,960
Speaker 3: homeowner has bought another new home. So, in other words,

1852
01:26:47,960 --> 01:26:50,800
Speaker 3: you still got your wrecked one extending your deck and

1853
01:26:50,800 --> 01:26:53,280
Speaker 3: then you go by another one. No problems. It's say

1854
01:26:53,320 --> 01:26:56,240
Speaker 3: it had creep, it had creep all over it didn't

1855
01:26:56,240 --> 01:26:57,920
Speaker 3: it five minutes away from nine.

1856
01:26:58,120 --> 01:27:03,080
Speaker 2: Trending now keeping Kiwi's healthy all year round?

1857
01:27:03,280 --> 01:27:06,400
Speaker 3: Right, So we got Peanut squirrel. We got Mark Longo,

1858
01:27:06,680 --> 01:27:09,760
Speaker 3: who rescued Peanut seven years ago, and he was living

1859
01:27:09,760 --> 01:27:12,360
Speaker 3: in Minnesota at the time, and he'd earned a social

1860
01:27:12,360 --> 01:27:16,880
Speaker 3: media following about Peanut million people for Peanut following them

1861
01:27:16,880 --> 01:27:19,240
Speaker 3: on social media. He recently moved to New York and

1862
01:27:19,320 --> 01:27:21,920
Speaker 3: in New York not allowed to have pets so well

1863
01:27:21,960 --> 01:27:26,320
Speaker 3: because the pets have got rabies, and they they had

1864
01:27:26,360 --> 01:27:28,640
Speaker 3: the squirrel and they also had by this stage to

1865
01:27:28,680 --> 01:27:32,920
Speaker 3: rescue raccoon. So a raccoon and a squirrel. So then

1866
01:27:33,000 --> 01:27:35,880
Speaker 3: the neighbor, because this is New York, got ratted out.

1867
01:27:35,880 --> 01:27:37,639
Speaker 3: They ratted him out and they go that that gay

1868
01:27:37,720 --> 01:27:40,680
Speaker 3: next door to me, he's got a squirrel. You're not

1869
01:27:40,800 --> 01:27:42,360
Speaker 3: allowed a squirrel.

1870
01:27:42,640 --> 01:27:44,120
Speaker 15: S free Cosmopolitan in New York.

1871
01:27:44,160 --> 01:27:47,720
Speaker 3: Pakistani Nava and so they said, it's a melting pot Glyn,

1872
01:27:48,360 --> 01:27:51,479
Speaker 3: I know. And so that person deleted all their social

1873
01:27:51,479 --> 01:27:53,479
Speaker 3: media because they got a lot of hate. His house

1874
01:27:53,479 --> 01:27:55,880
Speaker 3: got raided and the squirrel and the raccoon are gone,

1875
01:27:56,800 --> 01:27:59,200
Speaker 3: and they got put down. Because it's New York. We

1876
01:27:59,320 --> 01:28:01,720
Speaker 3: take him out in, we shoot him, we put him

1877
01:28:01,720 --> 01:28:06,160
Speaker 3: in the Hudson River. Okay, Peanuts, you're dead.

1878
01:28:06,400 --> 01:28:07,360
Speaker 6: Will go on.

1879
01:28:09,400 --> 01:28:11,320
Speaker 15: This is the reaction from watching an either side of

1880
01:28:11,320 --> 01:28:11,839
Speaker 15: the Sopranos.

1881
01:28:11,880 --> 01:28:12,599
Speaker 6: It's a nice reason.

1882
01:28:14,040 --> 01:28:16,360
Speaker 3: This is the reaction for Mack, who's got a wafe.

1883
01:28:17,360 --> 01:28:18,360
Speaker 3: She's the one who's crying.

1884
01:28:18,640 --> 01:28:22,040
Speaker 20: It not only tears my family apart, but Peanut was

1885
01:28:22,080 --> 01:28:25,840
Speaker 20: the cornerstone of our nonprofit animal rescue and ten to

1886
01:28:25,880 --> 01:28:29,200
Speaker 20: twelve dec officers rated my house as if I was

1887
01:28:29,240 --> 01:28:30,200
Speaker 20: a drug dealer.

1888
01:28:30,640 --> 01:28:34,200
Speaker 8: I was sat outside my house for five hours. I

1889
01:28:34,280 --> 01:28:37,559
Speaker 8: had to get a police escort to my bathroom. I

1890
01:28:37,680 --> 01:28:41,960
Speaker 8: wasn't even allowed to feed my rescue horses breakfast or lunch.

1891
01:28:42,360 --> 01:28:46,320
Speaker 8: I was sitting sat there like a criminal. After they

1892
01:28:46,400 --> 01:28:50,760
Speaker 8: interrogated my wife to check out her immigration status. They

1893
01:28:50,840 --> 01:28:55,920
Speaker 8: got a search warrant, four departments and a judge signed

1894
01:28:55,960 --> 01:28:58,959
Speaker 8: off on a search warrant for a squirrel in a raccoon,

1895
01:29:00,080 --> 01:29:03,080
Speaker 8: and then they took them and killed them.

1896
01:29:03,439 --> 01:29:06,920
Speaker 3: See if Trump had said that you were a city's mental,

1897
01:29:07,320 --> 01:29:07,840
Speaker 3: wouldn't you?

1898
01:29:08,200 --> 01:29:10,439
Speaker 13: He goes, has anybody checked on the immigration status of

1899
01:29:10,520 --> 01:29:11,240
Speaker 13: for Trump's wife?

1900
01:29:11,280 --> 01:29:16,599
Speaker 3: That's a tremendous number of departments and resources if what

1901
01:29:16,640 --> 01:29:18,680
Speaker 3: he says is true. I mean breaking news. He at

1902
01:29:18,720 --> 01:29:19,920
Speaker 3: rescue horses as well.

1903
01:29:19,720 --> 01:29:23,240
Speaker 1: Here and I couldn't kind are they named breakfast and lunch?

1904
01:29:24,840 --> 01:29:26,680
Speaker 3: And where does he keep them? It's New York for

1905
01:29:26,720 --> 01:29:29,760
Speaker 3: goodness sake. Anyway, that's a lot of resource going into that.

1906
01:29:30,200 --> 01:29:33,360
Speaker 3: Back tomorrow morning from six on the mic asking Breakfast,

1907
01:29:33,600 --> 01:29:37,000
Speaker 3: Happy Days.

1908
01:29:44,680 --> 01:29:47,600
Speaker 1: For more from the mic Asking Breakfast, listen live to

1909
01:29:47,720 --> 01:29:50,759
Speaker 1: news talks. It'd be from six am weekdays or follow

1910
01:29:50,800 --> 01:29:52,320
Speaker 1: the podcast on iHeartRadio,