1 00:00:00,600 --> 00:00:04,600 Speaker 1: New Zealand's voice of reason is Mike the mic Hosking 2 00:00:04,640 --> 00:00:09,640 Speaker 1: Breakfast with Bailey's real Estate Altogether better across residential, commercial 3 00:00:09,720 --> 00:00:11,360 Speaker 1: and rural news talks, head Beat. 4 00:00:11,240 --> 00:00:13,480 Speaker 2: Well and welcome today the Reserve Bank in the cash rate, 5 00:00:13,600 --> 00:00:16,320 Speaker 2: more Dost stats on our kids reading in Math's abilities. 6 00:00:16,360 --> 00:00:18,439 Speaker 2: The Trademan has gone as way to Washington, Mark and 7 00:00:18,520 --> 00:00:21,520 Speaker 2: Jinny Politics Wednesday after Wave, Richard Arnold with the meeting 8 00:00:21,640 --> 00:00:25,760 Speaker 2: wash up, Steve Price in Australia as well, Pasky, Welcome 9 00:00:25,760 --> 00:00:28,240 Speaker 2: to Wednesday seven past six. The Great Debate on again today, 10 00:00:28,240 --> 00:00:31,040 Speaker 2: of course, as the Reserve Bank enters our collective consciousness 11 00:00:31,040 --> 00:00:32,840 Speaker 2: with a crack at the cash right, they will cut 12 00:00:32,880 --> 00:00:35,080 Speaker 2: at twenty five points. But that's not the news. Of course. 13 00:00:35,400 --> 00:00:37,320 Speaker 2: The cut was sought at last week by the retail 14 00:00:37,360 --> 00:00:39,360 Speaker 2: banks who saw what we see, know what's coming and 15 00:00:39,400 --> 00:00:41,880 Speaker 2: drop the old mortgage money again. Now, the real news 16 00:00:42,440 --> 00:00:44,880 Speaker 2: is what Christian says, apart from the twenty five points 17 00:00:44,880 --> 00:00:47,600 Speaker 2: and how he says it, or indeed, if you're a 18 00:00:47,640 --> 00:00:50,040 Speaker 2: read between the tea leaves person and what he doesn't say. 19 00:00:50,479 --> 00:00:52,760 Speaker 2: The trouble for the bank is there in charge of inflation. 20 00:00:52,840 --> 00:00:55,400 Speaker 2: Of course, inflation is sought off, kind of tamed. It's 21 00:00:55,440 --> 00:00:57,200 Speaker 2: at the upper end of the zero to three percent 22 00:00:57,240 --> 00:00:59,160 Speaker 2: band at the moment. It may well breach it this year, 23 00:00:59,200 --> 00:01:02,640 Speaker 2: but generally it is thought that it will settle trouble 24 00:01:02,640 --> 00:01:06,119 Speaker 2: with that is what's driving inflation, not growth. Bills are 25 00:01:06,200 --> 00:01:08,679 Speaker 2: cost plus accounting is your rates bill is now your 26 00:01:08,720 --> 00:01:11,520 Speaker 2: rates bill produces no growth, but it does stow inflation. 27 00:01:11,640 --> 00:01:14,320 Speaker 2: So what's Christian to do? Inflation with no growth? By 28 00:01:14,360 --> 00:01:17,480 Speaker 2: the way, it's called stagflation. That is not good. There's 29 00:01:17,520 --> 00:01:20,679 Speaker 2: also debate around what neutral is. In other words, what 30 00:01:20,720 --> 00:01:22,800 Speaker 2: does the cash right have to get to before we 31 00:01:22,840 --> 00:01:25,240 Speaker 2: all roughly agree the job has done growth as bubbling, 32 00:01:25,240 --> 00:01:27,200 Speaker 2: inflation as taming the Reserve Bank can step back for 33 00:01:27,200 --> 00:01:28,959 Speaker 2: a while now. Some say this might be it, today, 34 00:01:29,040 --> 00:01:31,679 Speaker 2: might be it. Kelly Eckold he thinks a twenty five 35 00:01:31,720 --> 00:01:35,000 Speaker 2: point cut today he's at Westpac. He says neutrals three percent. 36 00:01:35,160 --> 00:01:37,119 Speaker 2: Others say it's two point seven five percent. In fact, 37 00:01:37,160 --> 00:01:39,240 Speaker 2: quite a few people say it's two point seven five percent. 38 00:01:39,560 --> 00:01:41,720 Speaker 2: Andrew Kellihis says it's two and a half. They're not 39 00:01:41,800 --> 00:01:43,880 Speaker 2: all right, and they can't be all wrong, and that's 40 00:01:43,920 --> 00:01:45,520 Speaker 2: why you don't want to be the Reserve Bank governor. 41 00:01:45,560 --> 00:01:48,640 Speaker 2: Of course, it does throw up the frailties of the 42 00:01:48,720 --> 00:01:52,240 Speaker 2: bank and its riding instructions. They are not surgeons who 43 00:01:52,280 --> 00:01:54,640 Speaker 2: poke and pride and micro adjust. They've just got a big, 44 00:01:54,760 --> 00:01:57,919 Speaker 2: fat hammer and they smack inflation with it. If farming 45 00:01:57,960 --> 00:02:00,000 Speaker 2: makes enough to cover lots of industries that aren't bud 46 00:02:00,000 --> 00:02:02,320 Speaker 2: who they may look through some of that. They are 47 00:02:02,320 --> 00:02:05,680 Speaker 2: not a welfare agency. But sadly, many of our futures 48 00:02:05,720 --> 00:02:08,959 Speaker 2: are inextricably linked to what they think. So what Christians 49 00:02:09,000 --> 00:02:13,280 Speaker 2: should say is twenty five points today and stand by 50 00:02:13,800 --> 00:02:19,160 Speaker 2: because I've got two more where that came from. But Willie. 51 00:02:20,880 --> 00:02:23,520 Speaker 3: News of the World in ninety seconds could be. 52 00:02:23,520 --> 00:02:26,320 Speaker 2: Switzerland, won't be Moscow might not happen at all. And 53 00:02:26,360 --> 00:02:28,000 Speaker 2: that's before we get to the boots on the ground 54 00:02:28,000 --> 00:02:30,320 Speaker 2: and who's boots. So the meeting wash up and that 55 00:02:30,480 --> 00:02:31,639 Speaker 2: call with putin. 56 00:02:31,400 --> 00:02:33,680 Speaker 4: The cob president putin yesterday and I do have a 57 00:02:33,680 --> 00:02:36,320 Speaker 4: good relationship, but it, you know, only matters if we 58 00:02:36,360 --> 00:02:39,400 Speaker 4: get things done. Otherwise I don't care about the relationship. 59 00:02:39,400 --> 00:02:42,400 Speaker 4: I've saw seven wars, we ended seven wars. I thought 60 00:02:42,400 --> 00:02:44,040 Speaker 4: this would be one of the easier ones. And this 61 00:02:44,080 --> 00:02:46,040 Speaker 4: has turned out to be the toughest. 62 00:02:46,040 --> 00:02:47,800 Speaker 2: Well, I swear to God, every time he talks about 63 00:02:47,800 --> 00:02:49,320 Speaker 2: the war, the number goes up. It's now says so 64 00:02:49,320 --> 00:02:51,440 Speaker 2: I'm sure started at five the other day. A lot 65 00:02:51,440 --> 00:02:54,000 Speaker 2: of the observers thought yesterday actually brought some hope. Ed Davey, 66 00:02:54,040 --> 00:02:56,240 Speaker 2: the LIBDM bloke back in Britain, was nobly through. 67 00:02:56,440 --> 00:02:59,320 Speaker 5: Excuse me for being skeptical about how he's gone about this, 68 00:03:00,080 --> 00:03:03,680 Speaker 5: the way he seems to be way too friendly to 69 00:03:04,200 --> 00:03:07,240 Speaker 5: Vladimir Putin, rolling out the red carpet with someone who's 70 00:03:07,240 --> 00:03:08,080 Speaker 5: a war criminal. 71 00:03:08,160 --> 00:03:11,880 Speaker 2: Trump. Here's another matter on his mind, banning mail in voting. 72 00:03:11,960 --> 00:03:13,280 Speaker 2: This is Colorado, They're ready. 73 00:03:13,400 --> 00:03:16,560 Speaker 6: Donald Trump is trying to power grab head of the 74 00:03:16,639 --> 00:03:20,119 Speaker 6: twenty six elections. We will stop him, just like I've 75 00:03:20,120 --> 00:03:23,840 Speaker 6: stopped him from rolling back mail ballots multiple times, and 76 00:03:23,880 --> 00:03:27,720 Speaker 6: we will fight any attempt to disenfranchise millions of Americans 77 00:03:27,760 --> 00:03:28,800 Speaker 6: all across the country. 78 00:03:28,880 --> 00:03:30,919 Speaker 2: Then the other war seems from US has agreed to 79 00:03:30,919 --> 00:03:32,840 Speaker 2: a sixty dayer. But what about the Israelis. 80 00:03:33,040 --> 00:03:36,840 Speaker 7: I believe that Natagiel will have no choice back to 81 00:03:36,920 --> 00:03:37,840 Speaker 7: go and take it. 82 00:03:38,080 --> 00:03:40,160 Speaker 2: Since this the gaps. 83 00:03:39,800 --> 00:03:44,240 Speaker 7: Now between the two sides is within rich a compromise 84 00:03:44,440 --> 00:03:45,119 Speaker 7: is within Rich. 85 00:03:45,400 --> 00:03:48,200 Speaker 2: Then back in Britain the Migrant Hotel Mes, specifically EPINGH 86 00:03:48,240 --> 00:03:50,240 Speaker 2: in Essex, which has been the scene of all those protests. 87 00:03:50,240 --> 00:03:51,680 Speaker 2: Of course I've gone and found a judge of a 88 00:03:51,720 --> 00:03:52,760 Speaker 2: night and got a temporary hold. 89 00:03:52,840 --> 00:03:55,640 Speaker 8: What we call upon the government for all along has 90 00:03:55,680 --> 00:03:58,760 Speaker 8: been talked to us and let's move this forward. We 91 00:03:58,800 --> 00:04:01,920 Speaker 8: always knew the Bell Hotel was the wrong location because 92 00:04:01,960 --> 00:04:04,600 Speaker 8: of its close proximity to schools and other parts of 93 00:04:04,640 --> 00:04:05,320 Speaker 8: the community. 94 00:04:05,680 --> 00:04:08,400 Speaker 3: It was never going to work out over in Calai. 95 00:04:08,480 --> 00:04:10,520 Speaker 2: Though the aid workers aren't thrilled, it seems to. 96 00:04:10,440 --> 00:04:13,040 Speaker 9: Be a victory for violent protests more than anything else. 97 00:04:13,240 --> 00:04:16,839 Speaker 9: Where's the compassion, Where's the kindness, Where's the decency? And 98 00:04:16,920 --> 00:04:20,000 Speaker 9: the problem with this is in violent disorder works here? 99 00:04:20,480 --> 00:04:21,480 Speaker 9: Where does it stop? 100 00:04:21,720 --> 00:04:24,760 Speaker 2: Finally, new dining trend. We've got water peerings in here, 101 00:04:24,800 --> 00:04:29,640 Speaker 2: the dinner with your water lap. They probably don't pronounce 102 00:04:29,640 --> 00:04:31,480 Speaker 2: it that way because it is in the UK Lad 103 00:04:31,520 --> 00:04:34,800 Speaker 2: Pope pote first water menu. So they are going to 104 00:04:34,839 --> 00:04:38,600 Speaker 2: offer three different bottles, four different sparklings along with tap. 105 00:04:38,640 --> 00:04:40,840 Speaker 2: Of course, the idea was suggested to the owners by 106 00:04:40,839 --> 00:04:43,000 Speaker 2: a water Somelia who owns his own water bars. So 107 00:04:43,000 --> 00:04:45,080 Speaker 2: that's clearly becoming a thing in response to the rising 108 00:04:45,120 --> 00:04:47,160 Speaker 2: number of people who don't drink alcohol. Of course anyone. 109 00:04:47,360 --> 00:04:48,919 Speaker 2: So the cost, what are we dealing with? The cheapest 110 00:04:48,960 --> 00:04:51,679 Speaker 2: bottle is going to be eleven fifty most expensive bottle 111 00:04:51,680 --> 00:04:55,400 Speaker 2: of sparkling forty four dollars. Its news the world in 112 00:04:55,520 --> 00:04:57,280 Speaker 2: ninety year. Where are they going to meet? Well, first 113 00:04:57,320 --> 00:04:58,960 Speaker 2: of all, we don't even know they're going to meet. 114 00:04:59,400 --> 00:05:01,719 Speaker 2: They seem to I think everyone seems to think they will, 115 00:05:01,760 --> 00:05:04,839 Speaker 2: but it's not actually one hundred percent confirmed. Putin said Moscow. 116 00:05:04,880 --> 00:05:07,320 Speaker 2: But then he would say that, and Zelenski said, don't 117 00:05:07,320 --> 00:05:11,000 Speaker 2: be stupid, I'm not going to Moscow. Switzerland has offered 118 00:05:11,040 --> 00:05:15,720 Speaker 2: Putent immunity war criminal of course, so they've offered him immunity, 119 00:05:16,200 --> 00:05:18,960 Speaker 2: so it might be held there, and geographically speaking, it 120 00:05:18,960 --> 00:05:20,720 Speaker 2: works for both of them. Twelve past six. 121 00:05:22,920 --> 00:05:27,679 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio, part 122 00:05:27,800 --> 00:05:28,839 Speaker 1: by News Talk Zippy. 123 00:05:31,040 --> 00:05:34,000 Speaker 2: You want to know where confidences? Confidences in Australia highest 124 00:05:34,040 --> 00:05:35,520 Speaker 2: level of more than three and a half years came 125 00:05:35,520 --> 00:05:37,880 Speaker 2: out yesterday. This is the Westpac Melbourne Institute Measure of 126 00:05:37,920 --> 00:05:41,839 Speaker 2: Consumer Confidence up five point seven percent in August, so 127 00:05:41,880 --> 00:05:44,640 Speaker 2: it was three cuts and they're after the races fifteen 128 00:05:44,640 --> 00:05:47,840 Speaker 2: past six big lay money back, money back, Jay am 129 00:05:47,839 --> 00:05:51,000 Speaker 2: I wealthy, callah, good morning, very good morning mine. So 130 00:05:51,120 --> 00:05:54,599 Speaker 2: dairy time, it's it's okay, it's down, smitch, But it's 131 00:05:54,600 --> 00:05:55,440 Speaker 2: not the end of the world. 132 00:05:55,320 --> 00:05:55,479 Speaker 6: Is it. 133 00:05:56,240 --> 00:05:56,280 Speaker 4: No? 134 00:05:56,440 --> 00:05:57,799 Speaker 10: I think it's pretty much hasteadius. 135 00:05:57,839 --> 00:05:59,800 Speaker 11: She goes out come in the Global Dairy Trade auction 136 00:05:59,839 --> 00:06:02,839 Speaker 11: this morning, so they're moving into the high volume part 137 00:06:02,839 --> 00:06:05,920 Speaker 11: of the season. I would have thought steady pricing take 138 00:06:05,920 --> 00:06:08,440 Speaker 11: the volatility out of those results, that that would be 139 00:06:08,480 --> 00:06:09,240 Speaker 11: a pretty. 140 00:06:08,920 --> 00:06:10,400 Speaker 10: Good or desired outcome, wouldn't it. 141 00:06:10,480 --> 00:06:14,200 Speaker 11: And so yeah, the price index is down zero point 142 00:06:14,200 --> 00:06:17,800 Speaker 11: three percent, so I think that satisfies the low volatility outcome, 143 00:06:17,839 --> 00:06:18,159 Speaker 11: doesn't it. 144 00:06:18,279 --> 00:06:20,880 Speaker 2: Iving So hold up a smooge skimmed down, a smurge 145 00:06:20,880 --> 00:06:23,240 Speaker 2: butter down. It's all right, yeah, yes. 146 00:06:23,160 --> 00:06:25,800 Speaker 11: So, I mean the big grunty product, skim milk powdered 147 00:06:25,800 --> 00:06:27,400 Speaker 11: down one point eight percent. But if you look at 148 00:06:27,400 --> 00:06:30,240 Speaker 11: the price action that really continues the range training was 149 00:06:30,279 --> 00:06:32,920 Speaker 11: seen in previous months, and whole milk powder plus zero 150 00:06:33,000 --> 00:06:34,960 Speaker 11: point three percent, So I don't see there really And 151 00:06:34,960 --> 00:06:36,320 Speaker 11: I think everyone will be happy with that. 152 00:06:36,360 --> 00:06:39,440 Speaker 2: Now Sky I'm reading about yesterday, So they're going to 153 00:06:39,520 --> 00:06:41,440 Speaker 2: chase some money. Is there money out there? I mean 154 00:06:41,440 --> 00:06:42,720 Speaker 2: I'm putting money into Sky. 155 00:06:44,360 --> 00:06:46,760 Speaker 10: Look, they probably it's a big part of the index. 156 00:06:46,839 --> 00:06:49,280 Speaker 11: And when when stocks are a large part of the index, 157 00:06:49,320 --> 00:06:52,320 Speaker 11: that people tend to want to sort of replicate where 158 00:06:52,320 --> 00:06:55,159 Speaker 11: the index is. So maybe at the margins though, people 159 00:06:55,240 --> 00:06:58,520 Speaker 11: make a call. Yeah, they hit the headlines yesterday ahead 160 00:06:58,520 --> 00:07:02,560 Speaker 11: of their results. So it's we big report week this week, 161 00:07:02,560 --> 00:07:05,080 Speaker 11: but they've got in ahead of their report. They said 162 00:07:05,080 --> 00:07:07,479 Speaker 11: they've gone into a trading halt said they expect to 163 00:07:07,480 --> 00:07:10,200 Speaker 11: make a material announcement regarding a capital race, so raising 164 00:07:10,200 --> 00:07:13,280 Speaker 11: more money, as you say, not debt but equity. The 165 00:07:13,320 --> 00:07:15,520 Speaker 11: thing is there's been a bit of market speculation. I 166 00:07:15,520 --> 00:07:18,080 Speaker 11: think it might have been the Australian newspaper was talking 167 00:07:18,120 --> 00:07:19,840 Speaker 11: about a possible capital race. 168 00:07:19,880 --> 00:07:20,320 Speaker 10: Skuy said. 169 00:07:20,360 --> 00:07:23,000 Speaker 11: He said they aren't ready to make any announcement, not 170 00:07:23,080 --> 00:07:26,160 Speaker 11: a position to do that yet to maintain an orderly market, 171 00:07:26,160 --> 00:07:29,040 Speaker 11: they halted trading. They did say that the twenty five 172 00:07:29,120 --> 00:07:32,720 Speaker 11: year results will be consistent with guidance. Look like there 173 00:07:32,720 --> 00:07:35,520 Speaker 11: has been a bit of market chatter around the possibility. 174 00:07:35,520 --> 00:07:38,800 Speaker 11: I'd call it chatter about the possibility of asset sales, 175 00:07:38,960 --> 00:07:41,040 Speaker 11: things like selling off their car parks. 176 00:07:40,680 --> 00:07:41,440 Speaker 10: To raise money. 177 00:07:42,280 --> 00:07:45,200 Speaker 11: From a market point of view, the probability of a 178 00:07:45,200 --> 00:07:47,960 Speaker 11: capital race I think probably been downplayed. Now it looks 179 00:07:48,040 --> 00:07:52,080 Speaker 11: like a distinct possibility. Yesterday's release was very firm in 180 00:07:52,120 --> 00:07:54,800 Speaker 11: the position that a decision hadn't been made yet, but 181 00:07:54,880 --> 00:07:57,000 Speaker 11: results announcement Thursday, all will be revealed. 182 00:07:57,000 --> 00:07:57,160 Speaker 12: Then. 183 00:07:57,240 --> 00:07:59,120 Speaker 10: Look, if they have to raise the money, they probably 184 00:07:59,160 --> 00:07:59,640 Speaker 10: will get it. 185 00:08:00,360 --> 00:08:04,080 Speaker 2: Business inflation and these these price pressures are still a thing, 186 00:08:04,120 --> 00:08:04,560 Speaker 2: aren't they. 187 00:08:05,040 --> 00:08:07,040 Speaker 10: Yeah, this is the Producer Price Index, Mike. 188 00:08:07,040 --> 00:08:09,600 Speaker 11: It doesn't get the press courage that CPI does, but 189 00:08:09,640 --> 00:08:11,960 Speaker 11: it gives us a window into the price pressure being 190 00:08:12,120 --> 00:08:14,120 Speaker 11: faced by businesses. And I thought there was some really 191 00:08:14,120 --> 00:08:16,600 Speaker 11: interesting aspects of the start really is yesday. 192 00:08:16,640 --> 00:08:20,160 Speaker 10: First, that is still price pressure. The price that producers 193 00:08:20,360 --> 00:08:23,360 Speaker 10: charged is up four point two percent on a year ago. 194 00:08:23,400 --> 00:08:26,040 Speaker 10: That's well above CPI inflation. But if you look at. 195 00:08:26,000 --> 00:08:29,160 Speaker 11: Their input prices, that was up four point five percent. 196 00:08:29,200 --> 00:08:30,640 Speaker 10: So notice one's higher than the other. 197 00:08:30,880 --> 00:08:34,360 Speaker 11: In other words, in simple terms, they're absorbing some of 198 00:08:34,400 --> 00:08:37,280 Speaker 11: the input cost increases. The other key takeaway Mike, price 199 00:08:37,320 --> 00:08:40,760 Speaker 11: pressures in the farming sector appear to be lessening. The 200 00:08:40,800 --> 00:08:45,440 Speaker 11: farm index price index is now fallen for three consecutive quarters, 201 00:08:45,480 --> 00:08:48,480 Speaker 11: So at the moment, those guys are getting higher commodity 202 00:08:48,480 --> 00:08:51,600 Speaker 11: prices and lower input costs, which sounds pretty good, doesn't it. 203 00:08:51,840 --> 00:08:55,960 Speaker 2: I reckon, wish I was a farmer twenty five. I 204 00:08:55,960 --> 00:08:57,880 Speaker 2: mean everyone is twenty five. That's sort of thing, is it. 205 00:08:57,880 --> 00:08:58,800 Speaker 2: I mean, what's he going to say? 206 00:08:58,880 --> 00:09:00,400 Speaker 10: Is the key exactly? 207 00:09:00,520 --> 00:09:03,400 Speaker 11: So twenty five basis point cut really pretty much universally accepted. 208 00:09:03,480 --> 00:09:05,280 Speaker 10: I think you just said that. I think they neutral. 209 00:09:05,440 --> 00:09:06,960 Speaker 2: I think you did. I'm misquoting you. 210 00:09:07,920 --> 00:09:09,679 Speaker 10: I think no. I think there's a difference here. I 211 00:09:09,720 --> 00:09:11,679 Speaker 10: think neutral might be a little bit higher than that. 212 00:09:11,720 --> 00:09:14,040 Speaker 11: What I'm doing is questioning whether or not we need 213 00:09:14,080 --> 00:09:16,080 Speaker 11: to go to two and a half to give the 214 00:09:16,160 --> 00:09:17,240 Speaker 11: economy a boost. 215 00:09:17,280 --> 00:09:19,240 Speaker 10: We do a bit of a confidence where you. 216 00:09:19,160 --> 00:09:21,000 Speaker 2: And I agreed on that. Don't come on the program 217 00:09:21,000 --> 00:09:23,240 Speaker 2: start changing your mind, flip flopping all over the place. 218 00:09:23,679 --> 00:09:24,760 Speaker 10: Not flip flopping, Mike. 219 00:09:24,840 --> 00:09:27,280 Speaker 11: I'm saying there's a difference between where the rate should 220 00:09:27,320 --> 00:09:29,840 Speaker 11: go and what neutral is the long term neutral. But 221 00:09:29,920 --> 00:09:32,680 Speaker 11: the key issue here, Mike is today, is whether there's 222 00:09:32,720 --> 00:09:35,480 Speaker 11: any reference to the weaker economy because you've got this conundrum. 223 00:09:35,640 --> 00:09:38,080 Speaker 10: They've got surplus capacity, but they've got. 224 00:09:38,000 --> 00:09:41,840 Speaker 11: A higher than desirable inflation in the short term. Mike, 225 00:09:41,880 --> 00:09:45,160 Speaker 11: One real interesting point, problematic inflation. Where's it coming from? 226 00:09:45,360 --> 00:09:48,439 Speaker 11: Food prices? Why food price is higher because our exporters 227 00:09:48,440 --> 00:09:50,400 Speaker 11: are doing well. It's one of these things you can't have. 228 00:09:50,800 --> 00:09:53,080 Speaker 11: You can't have your cake and eat it too, can you. 229 00:09:53,480 --> 00:09:55,560 Speaker 2: Well, you can't afford take And that's the problem, isn't it. 230 00:09:55,600 --> 00:09:57,400 Speaker 2: That's what Christy needs to sort out today. What are 231 00:09:57,400 --> 00:09:57,880 Speaker 2: the numbers? 232 00:09:58,800 --> 00:10:00,719 Speaker 11: The US market is a little bit week actually, the 233 00:10:00,960 --> 00:10:04,920 Speaker 11: Dow Jones is down seventy three points forty four thousand, 234 00:10:04,960 --> 00:10:07,240 Speaker 11: eight hundred and thirty eight. That's point one six percent. 235 00:10:07,280 --> 00:10:09,839 Speaker 11: But the S and P five hundred is up forty 236 00:10:10,000 --> 00:10:13,120 Speaker 11: is down forty three points point six seven percent, six 237 00:10:13,160 --> 00:10:16,120 Speaker 11: point five. The poor odd nase's been sold a little 238 00:10:16,160 --> 00:10:18,440 Speaker 11: bit more. It's down one point four percent. In Vidia 239 00:10:18,800 --> 00:10:20,640 Speaker 11: under a little bit of pressure, that's three hundred and 240 00:10:20,720 --> 00:10:23,679 Speaker 11: five points twenty one thousand, three hundred and twenty five. 241 00:10:23,720 --> 00:10:25,880 Speaker 11: The forty one hundred over night game to third percent 242 00:10:25,960 --> 00:10:28,000 Speaker 11: nine one eight nine thirty. 243 00:10:27,679 --> 00:10:28,280 Speaker 10: One points up. 244 00:10:28,320 --> 00:10:31,600 Speaker 11: The NICK eight was down point three eight percent forty 245 00:10:31,600 --> 00:10:34,839 Speaker 11: three thousand, five hundred and forty six little change in 246 00:10:34,920 --> 00:10:36,760 Speaker 11: Shanghai composite three seven two seven. 247 00:10:36,800 --> 00:10:39,559 Speaker 10: The Aussi's yes they lost zero point seven percent. 248 00:10:39,320 --> 00:10:42,040 Speaker 11: Eighty eight nine six down sixty three points, and the 249 00:10:42,080 --> 00:10:45,800 Speaker 11: NZCX fifty down forty two points yesterday point three two 250 00:10:45,840 --> 00:10:49,160 Speaker 11: percent twelve thousand, nine hundred and twenty eight kiw dollar 251 00:10:49,440 --> 00:10:51,280 Speaker 11: we eakening off a little bit against the US, my 252 00:10:51,520 --> 00:10:54,880 Speaker 11: five nine o two against the US, point nine one 253 00:10:54,960 --> 00:10:57,880 Speaker 11: three seven against the OSSI, point five oh sixty two 254 00:10:57,920 --> 00:11:01,160 Speaker 11: against the Euro, point four to three seventy three against 255 00:11:01,200 --> 00:11:05,160 Speaker 11: the pound. Those London holidays are getting more expensive. Japanese 256 00:11:05,240 --> 00:11:07,439 Speaker 11: yen eighty six point nine eight gold trading at three 257 00:11:07,480 --> 00:11:10,760 Speaker 11: thy three hundred and seventeen dollars and break crude. You'll 258 00:11:10,840 --> 00:11:14,520 Speaker 11: like this though, bring it on sixty five dollars seventy cents. 259 00:11:14,559 --> 00:11:17,120 Speaker 2: I'll take it. Go well see tomorrow. Andre Kelleher Joemiwealth 260 00:11:17,120 --> 00:11:20,319 Speaker 2: dot co dot m Z explain this to me. Rischmont, 261 00:11:20,320 --> 00:11:23,760 Speaker 2: who owned Carti. Among other things, sales in America are up, 262 00:11:23,800 --> 00:11:26,160 Speaker 2: so apparently Americans don't have any money, but they've got 263 00:11:26,200 --> 00:11:29,600 Speaker 2: money for flash watches and jewelry. Then Pandoro, which is 264 00:11:29,600 --> 00:11:32,240 Speaker 2: not selling internationally, particularly why they've got problems in China. 265 00:11:32,280 --> 00:11:34,160 Speaker 2: I thought that was a kid's thing. I thought Pandora 266 00:11:34,240 --> 00:11:37,240 Speaker 2: was a teenagey tweeny type. Let's get some bracelets and 267 00:11:37,280 --> 00:11:40,040 Speaker 2: some charms. Am I wrong on that? Anyway? Sales in 268 00:11:40,120 --> 00:11:42,480 Speaker 2: America are up eight percent, so jewelry is on a 269 00:11:42,559 --> 00:11:46,520 Speaker 2: splooge at the moment, six twenty one. Here at News Talks. 270 00:11:46,400 --> 00:11:53,720 Speaker 1: dB good the Mike Asking Breakfast Full Show podcast on 271 00:11:53,920 --> 00:11:56,079 Speaker 1: iHeartRadio powered by News Talks. 272 00:11:56,080 --> 00:11:56,360 Speaker 10: At B. 273 00:11:58,080 --> 00:11:59,560 Speaker 2: Morning, Mike, hope you have a crack at the self 274 00:11:59,679 --> 00:12:02,120 Speaker 2: entitled teachers rejecting payoff are an average wage of one 275 00:12:02,200 --> 00:12:03,920 Speaker 2: hundred dot. I'm not going to have having crack at teachers. 276 00:12:03,920 --> 00:12:06,160 Speaker 2: We love teachers, we all love nurses. We all love teachers. 277 00:12:06,800 --> 00:12:09,760 Speaker 2: I like good teachers. I don't like the poor teachers. 278 00:12:09,800 --> 00:12:12,800 Speaker 2: And the thing about nurses. Broadly speaking, most nurses are good. 279 00:12:13,360 --> 00:12:16,880 Speaker 2: Broadly speaking, most teachers aren't necessarily good. Some teachers are hopeless, 280 00:12:17,320 --> 00:12:19,240 Speaker 2: and the more honest we get about that, the better. 281 00:12:19,280 --> 00:12:21,320 Speaker 2: But we're not going to change that because that's the unions. 282 00:12:21,640 --> 00:12:23,080 Speaker 2: But at one hundred. I don't think you want to 283 00:12:23,160 --> 00:12:26,720 Speaker 2: argue around pay increases based on your salary just because 284 00:12:26,720 --> 00:12:28,280 Speaker 2: you're in one hundred thousand dollars. You might. I mean, 285 00:12:28,320 --> 00:12:30,440 Speaker 2: a good teacher deserves more than a hundred thousand dollars. 286 00:12:30,520 --> 00:12:33,440 Speaker 2: A great teacher I reckons worth two hundred and fifty plus. 287 00:12:34,000 --> 00:12:36,680 Speaker 2: But because they insist on everyone getting paid the same, 288 00:12:36,720 --> 00:12:38,160 Speaker 2: they're never going to go there. So I'm not going 289 00:12:38,200 --> 00:12:39,440 Speaker 2: to have a crack at the teachers for the sake 290 00:12:39,440 --> 00:12:41,240 Speaker 2: of it. I feel sorry this morning. Get again for 291 00:12:41,280 --> 00:12:43,760 Speaker 2: the kids, and you need again for the parents and 292 00:12:43,840 --> 00:12:46,400 Speaker 2: to a degree for the teachers themselves, because this will 293 00:12:46,440 --> 00:12:51,320 Speaker 2: achieve nothing. Strikes achieve nothing. My cutting interest rates by 294 00:12:51,320 --> 00:12:54,679 Speaker 2: twenty five points to is slow and dragging out stimulating 295 00:12:54,760 --> 00:12:57,319 Speaker 2: the economy. I don't think the Reserve Bank realizes how 296 00:12:57,320 --> 00:12:59,080 Speaker 2: many companies are right on the brink, had collapsed as 297 00:12:59,120 --> 00:13:00,960 Speaker 2: a result of a lack of price. Company is investing 298 00:13:00,960 --> 00:13:03,600 Speaker 2: with confidence. Robbie, I think you're probably right. But in 299 00:13:03,679 --> 00:13:06,280 Speaker 2: that is the is the vexed and complex world in 300 00:13:06,320 --> 00:13:10,160 Speaker 2: which Christian Hawksby operates, and that's why the job is 301 00:13:10,160 --> 00:13:12,320 Speaker 2: so important, and that's why the decision today is so 302 00:13:12,360 --> 00:13:14,520 Speaker 2: important and will cover it of course, six twenty five. 303 00:13:14,880 --> 00:13:20,120 Speaker 1: Trending now one a squarehouse, You're one star for Father's Day, Fragrance. 304 00:13:19,920 --> 00:13:22,160 Speaker 2: Right, the world of podcasts and who doesn't Love a podcast? 305 00:13:22,160 --> 00:13:24,520 Speaker 2: Trouble with Podcasts? Written yesterday. Guess how many people listen 306 00:13:24,600 --> 00:13:26,320 Speaker 2: to a podcast each week in Australia. I don't have 307 00:13:26,360 --> 00:13:28,240 Speaker 2: New Zealand numbers. I'll come back to that in a moment, 308 00:13:28,240 --> 00:13:30,600 Speaker 2: but I thought it was an interesting number anyway. Trouble 309 00:13:30,679 --> 00:13:32,760 Speaker 2: the podcast as everyone's trying to find one guest to 310 00:13:32,760 --> 00:13:35,680 Speaker 2: make them go viral. So this morning we have Sarah 311 00:13:35,880 --> 00:13:40,200 Speaker 2: l Madani. Sarah's on the Real Housewives of Dubai. She's 312 00:13:40,240 --> 00:13:43,960 Speaker 2: speaking with Vishan Lahyani. He owns mind Valley, a personal 313 00:13:43,960 --> 00:13:47,160 Speaker 2: growth company. Sarah decides to give out some life advice. 314 00:13:47,160 --> 00:13:49,000 Speaker 13: It's gone off And I've heard that from a friend 315 00:13:49,000 --> 00:13:52,200 Speaker 13: of mine. He said, don't love your job, job your love. 316 00:13:53,200 --> 00:13:55,720 Speaker 10: So yeah, I love that. 317 00:13:55,880 --> 00:14:04,120 Speaker 14: Yeah, it sounds like you love that. I know, I 318 00:14:04,160 --> 00:14:05,520 Speaker 14: love that, Jube, You'll love. 319 00:14:06,840 --> 00:14:09,640 Speaker 2: Nine million people in Australia listen to podcasts each week. 320 00:14:09,679 --> 00:14:11,840 Speaker 2: Does that surprise? I think that's a low number. Third 321 00:14:11,840 --> 00:14:14,320 Speaker 2: of people. In other words, two thirds of Australians do 322 00:14:14,400 --> 00:14:16,480 Speaker 2: not listen to a podcast at all. So all the 323 00:14:16,520 --> 00:14:19,360 Speaker 2: noise around podcasts that everyone listened to podcasts and a 324 00:14:19,480 --> 00:14:22,200 Speaker 2: nine million podcasts and everyone's into podcast is simply not true. 325 00:14:22,200 --> 00:14:24,720 Speaker 2: Two thirds of Australians, and I see no reason to 326 00:14:24,720 --> 00:14:26,440 Speaker 2: believe it wouldn't be the same sort of number here 327 00:14:26,720 --> 00:14:28,920 Speaker 2: don't listen to podcasts. So maybe podcasts are a thing. 328 00:14:28,960 --> 00:14:32,640 Speaker 2: Maybe they're not. I don't know. Building I got some insight. 329 00:14:32,680 --> 00:14:35,240 Speaker 2: The good news here this morning is the job numbers. 330 00:14:35,240 --> 00:14:38,120 Speaker 2: I mean, construction has been in a disaster zone for jobs. 331 00:14:38,160 --> 00:14:40,920 Speaker 2: They've lost sixteen thousand jobs over the last couple of years. 332 00:14:41,000 --> 00:14:43,680 Speaker 2: But the report out yesterday says they are on the 333 00:14:43,760 --> 00:14:46,480 Speaker 2: verge of the comeback. Twenty six is the comeback. The 334 00:14:46,520 --> 00:14:50,440 Speaker 2: comeback is on. Also this morning, Todd McClay joins us 335 00:14:50,440 --> 00:14:53,320 Speaker 2: from Saudi on his way to Washington. He's going to 336 00:14:53,400 --> 00:14:55,680 Speaker 2: try and twist some arms. So is the fifteen percent 337 00:14:55,800 --> 00:14:58,440 Speaker 2: rock solid or not? He's with us after seven film 338 00:14:58,480 --> 00:14:59,440 Speaker 2: the Meantime. 339 00:14:59,400 --> 00:15:04,960 Speaker 1: Uses next Mike Hard Game been fateful, engaging and fitally 340 00:15:05,440 --> 00:15:09,760 Speaker 1: The Mike Hosking Breakfast with a Vita, Retirement, Communities, Life 341 00:15:09,920 --> 00:15:11,600 Speaker 1: Your Way, News Togs, had been. 342 00:15:11,480 --> 00:15:13,960 Speaker 2: Which Donald shortly as a devise that had tries that 343 00:15:14,040 --> 00:15:16,640 Speaker 2: Budapesta is at Switzerland World. Where do we go now? 344 00:15:16,960 --> 00:15:18,640 Speaker 2: He is in a couple of moments. Meantime at twenty 345 00:15:18,640 --> 00:15:21,160 Speaker 2: three to seven, some insight into our construction sector, which 346 00:15:21,200 --> 00:15:22,880 Speaker 2: in some ways, of course, has been the poster child 347 00:15:22,920 --> 00:15:24,960 Speaker 2: the job losses in the last couple of years. We're 348 00:15:24,960 --> 00:15:27,320 Speaker 2: at a six year low, sixteen thousand fewer jobs, total 349 00:15:27,320 --> 00:15:29,840 Speaker 2: revenue down five percent to ninety four billion. But but 350 00:15:29,840 --> 00:15:32,760 Speaker 2: but buckle up. I think twenty six is recovery time. 351 00:15:32,840 --> 00:15:35,800 Speaker 2: Kyl Taylor's the CEO of Combined Building Supplies co Op 352 00:15:35,840 --> 00:15:38,880 Speaker 2: and is back with us. Carl morning, Good morning, Mike, 353 00:15:38,920 --> 00:15:41,800 Speaker 2: how are you very well? Thank you? Is this the bottom? 354 00:15:42,200 --> 00:15:45,280 Speaker 15: I think we are at the bottom. It's certainly still 355 00:15:45,320 --> 00:15:47,800 Speaker 15: tough out there, like I've been mentioned to use to 356 00:15:47,880 --> 00:15:50,560 Speaker 15: quite a while now. But in fact, we actually surveyed 357 00:15:50,600 --> 00:15:53,520 Speaker 15: a lot of our members last month and fifty four 358 00:15:53,560 --> 00:15:56,000 Speaker 15: percent of them staying the same, They're pretty steady. Was 359 00:15:56,440 --> 00:15:59,960 Speaker 15: thirty seven percent still slowing, So it's still pretty bleak. 360 00:16:00,160 --> 00:16:01,200 Speaker 15: But it feels like we are. 361 00:16:01,080 --> 00:16:01,760 Speaker 16: In the bottom here. 362 00:16:01,960 --> 00:16:05,000 Speaker 2: That the horizontal vertical thing that you guys deal with 363 00:16:05,200 --> 00:16:08,680 Speaker 2: is there divergence in that when this twenty six vibe 364 00:16:08,760 --> 00:16:10,840 Speaker 2: comes around, are you building up or out or it 365 00:16:10,880 --> 00:16:11,440 Speaker 2: doesn't matter. 366 00:16:12,640 --> 00:16:14,880 Speaker 15: It's a bit of everything really. I mean, we're seeing 367 00:16:15,360 --> 00:16:18,760 Speaker 15: the civil sector certainly booming. There's a lot of partically 368 00:16:18,760 --> 00:16:21,120 Speaker 15: down south, a lot of infrastructure work going on, but 369 00:16:21,200 --> 00:16:24,760 Speaker 15: residential new housing I would have said, pretty pretty dead. 370 00:16:26,040 --> 00:16:29,080 Speaker 15: Client hesitation's probably still the biggest issue with a lot 371 00:16:29,120 --> 00:16:31,000 Speaker 15: of the members that I talk through. They've got clients 372 00:16:31,000 --> 00:16:32,800 Speaker 15: that just can't make up their mind whether they want 373 00:16:32,800 --> 00:16:34,720 Speaker 15: to spend some money or not. And if they are 374 00:16:34,760 --> 00:16:37,080 Speaker 15: sp any money, it appears to be back in that 375 00:16:37,160 --> 00:16:40,560 Speaker 15: renovation work still with. They're not having to quite spends much. 376 00:16:40,720 --> 00:16:42,120 Speaker 2: Nothing wrong with a good reno, though. 377 00:16:42,200 --> 00:16:46,440 Speaker 15: Carl keeps the economy flowing, keeps tells going. 378 00:16:46,800 --> 00:16:48,600 Speaker 2: You had a good bathroom there. You've got a lot 379 00:16:48,640 --> 00:16:50,800 Speaker 2: of joy in a bathroom, fully tiled bathroom, you get 380 00:16:50,800 --> 00:16:51,720 Speaker 2: a lot of pleasure out of that. 381 00:16:53,360 --> 00:16:56,240 Speaker 15: Yeah, it's still good spending. It's still money going to tell, 382 00:16:56,320 --> 00:16:57,000 Speaker 15: So any. 383 00:16:56,800 --> 00:16:57,440 Speaker 17: Works good work. 384 00:16:57,440 --> 00:16:59,320 Speaker 15: At the moment I think to the guys, yeah. 385 00:16:59,040 --> 00:17:01,480 Speaker 2: Do you have a different answered, because this is politics 386 00:17:01,520 --> 00:17:03,520 Speaker 2: and I follow that very closely. So the argument is 387 00:17:03,520 --> 00:17:06,600 Speaker 2: this labor will tell you the procurement, the pipelines rubbish 388 00:17:06,600 --> 00:17:09,560 Speaker 2: and this government's canceled everything. The government will tell you 389 00:17:09,640 --> 00:17:11,760 Speaker 2: that the problem was the interest rates were too high 390 00:17:11,760 --> 00:17:15,040 Speaker 2: because the last lot buggered the place. What's true. 391 00:17:16,280 --> 00:17:16,919 Speaker 3: Well, what I. 392 00:17:16,880 --> 00:17:19,000 Speaker 15: Would say is the one thing the government's done this 393 00:17:19,119 --> 00:17:21,399 Speaker 15: time I think in ours for our sector is that 394 00:17:21,440 --> 00:17:25,080 Speaker 15: they are doing everything they've promised to do when they 395 00:17:25,160 --> 00:17:28,360 Speaker 15: went as the government. The last government, I couldn't even 396 00:17:28,359 --> 00:17:30,880 Speaker 15: get in front of the construction minister, where this one 397 00:17:30,920 --> 00:17:33,840 Speaker 15: they actually listen. So I feel as if they are 398 00:17:34,520 --> 00:17:36,800 Speaker 15: doing what we require in the sector. 399 00:17:37,000 --> 00:17:39,840 Speaker 2: Yeah, okay, So twenty six, are you going to have problems? 400 00:17:39,840 --> 00:17:42,640 Speaker 2: Given sixteen thousand have left, I'm assuming many have gone 401 00:17:42,680 --> 00:17:46,040 Speaker 2: to places like Australia, Are you going to have hiring troubles? 402 00:17:46,800 --> 00:17:50,200 Speaker 15: Yeah, that's happening already. I was in Australia only last week. 403 00:17:50,760 --> 00:17:53,119 Speaker 15: It doesn't appear to be that much greener there. The 404 00:17:53,160 --> 00:17:56,520 Speaker 15: wages are certainly higher, travels more expensive, so it's about 405 00:17:56,520 --> 00:17:59,000 Speaker 15: the same. And believe it or not, building costs I 406 00:17:59,080 --> 00:18:01,160 Speaker 15: still sit around that two thousand and four thousand. 407 00:18:01,240 --> 00:18:02,679 Speaker 17: So yeah, there's going to be a problem. 408 00:18:02,760 --> 00:18:05,200 Speaker 15: But at least when it does crank back in, we're 409 00:18:05,200 --> 00:18:06,840 Speaker 15: going to have a long time to be able to 410 00:18:06,880 --> 00:18:09,280 Speaker 15: try and bring those people back or at least rehire again. 411 00:18:09,320 --> 00:18:11,399 Speaker 2: Anyway, good stuff, Carl. Always a pleasure to have you 412 00:18:11,440 --> 00:18:13,160 Speaker 2: on the program. Carl Taylor, I don't think you brought 413 00:18:13,160 --> 00:18:16,520 Speaker 2: into my renovated bathroom thing quite as enthusiastically as I 414 00:18:16,600 --> 00:18:17,000 Speaker 2: was thinking. 415 00:18:17,080 --> 00:18:18,480 Speaker 14: You get a lot of joy out of bathroom. 416 00:18:18,520 --> 00:18:20,840 Speaker 2: I get tremendous joy out of bathrooms at two thirty 417 00:18:20,840 --> 00:18:23,720 Speaker 2: in the morning. My floor is nice and warm, and 418 00:18:23,800 --> 00:18:28,080 Speaker 2: my towel rail's hot, and my my, my aged brass heads. 419 00:18:29,200 --> 00:18:31,000 Speaker 14: Look you hang on, hang on, hang on. 420 00:18:32,280 --> 00:18:32,919 Speaker 18: I don't think me. 421 00:18:34,000 --> 00:18:35,680 Speaker 17: It is sorry. 422 00:18:35,720 --> 00:18:40,359 Speaker 2: Who was the construction minister? Poto and Megan Woods couldn't 423 00:18:40,359 --> 00:18:43,439 Speaker 2: get in front of the construction minister Posto Williams and 424 00:18:43,480 --> 00:18:46,840 Speaker 2: Meghan Woods? What a surprise. Richard's next twenty two. 425 00:18:47,520 --> 00:18:52,080 Speaker 1: The mic Asking Breakfast Full Show podcast on iHeartRadio, Howard 426 00:18:52,160 --> 00:18:53,200 Speaker 1: by News Talks. 427 00:18:52,960 --> 00:18:53,199 Speaker 16: It be. 428 00:18:55,160 --> 00:18:57,600 Speaker 2: Now Milford have done it again. So for eight years, 429 00:18:57,600 --> 00:18:59,560 Speaker 2: for goodness sake, eight years running, they've taken out the 430 00:18:59,560 --> 00:19:02,040 Speaker 2: Consuming New Zealand's People's Choice Award. This Kiwi Saber for 431 00:19:02,080 --> 00:19:05,080 Speaker 2: the Milford Kewisaber Plan. And there's more because morning Star's 432 00:19:05,160 --> 00:19:07,120 Speaker 2: latest independent survey if you want to read that, it's 433 00:19:07,119 --> 00:19:10,000 Speaker 2: at Morningstar dot com dot au that shows that Milford 434 00:19:10,000 --> 00:19:12,080 Speaker 2: have had the number one performing Kiwisaber funds and the 435 00:19:12,080 --> 00:19:15,200 Speaker 2: growth balance and conservative categories for returns over the past 436 00:19:15,200 --> 00:19:17,280 Speaker 2: ten years. All is down by the way to Milford's 437 00:19:17,280 --> 00:19:20,120 Speaker 2: expert team and their active approach to investing. So why 438 00:19:20,160 --> 00:19:23,719 Speaker 2: wouldn't you switch to Milford for your qwsaber account? Takes minutes? Literally, 439 00:19:23,880 --> 00:19:25,480 Speaker 2: are you jump online? You got to have a photo 440 00:19:25,520 --> 00:19:27,760 Speaker 2: ID and an IRD number. Handy, you've got those two. 441 00:19:27,800 --> 00:19:31,280 Speaker 2: You good to go. Past performance is not a reliable indicator, 442 00:19:31,280 --> 00:19:33,480 Speaker 2: of course, a future performance. So Milford Funds Limited is 443 00:19:33,520 --> 00:19:36,040 Speaker 2: the issuer of the Milford Qwisaber Plan. So read that 444 00:19:36,040 --> 00:19:39,840 Speaker 2: Milford Qwisaber Plan product disclosure statement and you get that 445 00:19:39,880 --> 00:19:42,239 Speaker 2: at Milford Asset dot com. And before investing, you might 446 00:19:42,280 --> 00:19:44,760 Speaker 2: want to seek some financial advice for more information on 447 00:19:44,800 --> 00:19:48,479 Speaker 2: Milford's advice services and to see their financial advice provided 448 00:19:48,480 --> 00:19:51,000 Speaker 2: a disclosure statement. This is at Milford Asset dot com 449 00:19:51,040 --> 00:19:53,320 Speaker 2: slash getting dash advice. It's a bit tricky. I'll give 450 00:19:53,320 --> 00:19:56,640 Speaker 2: it to you one more time. Milford Asset dot Com 451 00:19:56,680 --> 00:20:02,200 Speaker 2: slash getting Dash Advice had skiing Mike, there's nothing quite 452 00:20:02,240 --> 00:20:04,960 Speaker 2: as pleasant as a heated bathroom floor with a powerful showerheads. 453 00:20:05,000 --> 00:20:07,160 Speaker 2: Couldn't agree with you more. Do you know my showerhead? 454 00:20:07,160 --> 00:20:09,200 Speaker 2: I've got one of those rain shower things. Never used it, 455 00:20:09,440 --> 00:20:12,400 Speaker 2: literally never used them. Mike, I worked for a large 456 00:20:12,480 --> 00:20:14,639 Speaker 2: architecture whom we're getting busy twenty six is going to 457 00:20:14,640 --> 00:20:16,359 Speaker 2: see a good uplift and very pleased to hear that, 458 00:20:16,400 --> 00:20:19,240 Speaker 2: because architectures worried me, because it's buildings one thing, but 459 00:20:19,359 --> 00:20:21,359 Speaker 2: architecture is another. You've got to get an architecture and 460 00:20:21,400 --> 00:20:24,720 Speaker 2: make it architectural home. Therefore the worksmen a bit tights. 461 00:20:24,720 --> 00:20:26,520 Speaker 2: I'm pleased to hear it. Mike, must be nice, a 462 00:20:26,800 --> 00:20:29,160 Speaker 2: nice warm toutsis or it's nice. 463 00:20:29,480 --> 00:20:30,040 Speaker 10: It's like the. 464 00:20:30,080 --> 00:20:33,480 Speaker 2: Ritz Carlton Central Park in New York, my bathroom or 465 00:20:33,520 --> 00:20:35,440 Speaker 2: my d suite as I called it. 466 00:20:35,600 --> 00:20:40,040 Speaker 19: Sixteen to two International Correspondence with ends in Eye Insurance 467 00:20:40,200 --> 00:20:42,399 Speaker 19: Peace of Mind for New Zealand Business. 468 00:20:42,080 --> 00:20:43,760 Speaker 2: Richard Arnold outside, how are you? 469 00:20:44,240 --> 00:20:44,960 Speaker 20: I'm well good? 470 00:20:45,000 --> 00:20:47,320 Speaker 2: Much so as a Buddha pest is it? Switzerland is 471 00:20:47,359 --> 00:20:49,120 Speaker 2: at Moscow. Is it on? What's happening? 472 00:20:49,480 --> 00:20:50,800 Speaker 20: Those are all good questions, don't they? 473 00:20:50,880 --> 00:20:51,520 Speaker 16: What are we left with? 474 00:20:51,640 --> 00:20:53,119 Speaker 20: It was quite a scene at the White House with 475 00:20:53,520 --> 00:20:56,200 Speaker 20: something we haven't witnessed in the modern Here are seven 476 00:20:56,320 --> 00:20:59,240 Speaker 20: leaders of the Western lines scrambling to Washington in defense 477 00:20:59,280 --> 00:21:02,159 Speaker 20: of Ukraine's lisky. Mid meeting, Trump gets in line with 478 00:21:02,320 --> 00:21:05,680 Speaker 20: Russi's Putin and said he had sort of set up. 479 00:21:05,560 --> 00:21:08,080 Speaker 2: A meeting between Putin and z Linsey sort of. 480 00:21:08,560 --> 00:21:12,600 Speaker 20: The White House is pressing this with Trump's media reps 481 00:21:12,600 --> 00:21:14,560 Speaker 20: saying a short time ago. 482 00:21:14,440 --> 00:21:17,520 Speaker 21: President Trump spoke with President Putin by phone, and he 483 00:21:17,600 --> 00:21:20,080 Speaker 21: agreed to begin the next phase of the peace process, 484 00:21:20,400 --> 00:21:24,120 Speaker 21: a meeting between President Putin and President Zelensky. I understand 485 00:21:24,119 --> 00:21:26,160 Speaker 21: accommodations for that meeting are underway. 486 00:21:26,280 --> 00:21:27,320 Speaker 2: No details. 487 00:21:27,359 --> 00:21:30,639 Speaker 20: Russia's Foreign minister Lavrov refused comment, but also refused to 488 00:21:31,080 --> 00:21:34,560 Speaker 20: rule any of this out. But Russia just launched one 489 00:21:34,560 --> 00:21:37,080 Speaker 20: of its biggest attacks from Ukraine through the night, firing 490 00:21:37,080 --> 00:21:41,240 Speaker 20: two hundred and seventy drones ten missiles, hitting sixteen different 491 00:21:41,320 --> 00:21:43,639 Speaker 20: Ukrainian towns and cities. So what does that say about 492 00:21:43,680 --> 00:21:48,080 Speaker 20: peace hopes? Russia hit energy and transport sites and civilian areas. 493 00:21:48,119 --> 00:21:51,000 Speaker 20: As ever, it's been bloody. Trump now says there's a 494 00:21:51,040 --> 00:21:54,399 Speaker 20: coat warmth between him and Putin. And then came this 495 00:21:54,560 --> 00:21:57,679 Speaker 20: hot bike moment where Trump was whispering to French President 496 00:21:57,760 --> 00:21:59,560 Speaker 20: Macron about Putin. 497 00:22:00,000 --> 00:22:01,399 Speaker 3: I think he wants to make a deal for. 498 00:22:02,119 --> 00:22:05,199 Speaker 20: Putin wants to make a deal for me, says Trump. 499 00:22:05,359 --> 00:22:07,560 Speaker 20: So the war was all about what getting the Nobel 500 00:22:07,600 --> 00:22:11,280 Speaker 20: Prize for Trump wasn't Then there's the shuffle over future 501 00:22:11,320 --> 00:22:14,480 Speaker 20: security for Ukraine if all of this plays out, Trump 502 00:22:14,520 --> 00:22:16,920 Speaker 20: said yesterday, the US is all in trying to make 503 00:22:17,000 --> 00:22:19,280 Speaker 20: sure that any truce or whatever is not a repeat 504 00:22:19,320 --> 00:22:22,960 Speaker 20: of what you mentioned nineteen ninety four when the US, 505 00:22:23,040 --> 00:22:27,480 Speaker 20: Russia around Europe gave Ukraine security assurances which turned out 506 00:22:27,520 --> 00:22:30,920 Speaker 20: to be absolutely meaningless, said Trump of European security. 507 00:22:31,320 --> 00:22:34,760 Speaker 4: They are a first line of defense because they're there 508 00:22:34,359 --> 00:22:35,200 Speaker 4: the Europe. 509 00:22:35,760 --> 00:22:36,760 Speaker 22: But we're going to help them out. 510 00:22:36,760 --> 00:22:37,840 Speaker 2: Also, we'll be involved. 511 00:22:37,880 --> 00:22:40,800 Speaker 20: So that was a day ago, right now. Roll On 512 00:22:40,880 --> 00:22:43,720 Speaker 20: twenty four hours asked about what the US will do 513 00:22:43,840 --> 00:22:46,960 Speaker 20: in terms of offering any troops for this NATO style 514 00:22:47,359 --> 00:22:50,480 Speaker 20: security blanket. He told Fox Today it won't. 515 00:22:50,200 --> 00:22:54,000 Speaker 7: Be American boots on the ground defending that border. 516 00:22:54,400 --> 00:22:56,440 Speaker 4: Where do you have my assurance? And I'm president? 517 00:22:56,600 --> 00:22:57,720 Speaker 20: So again, what do we left with? 518 00:22:57,760 --> 00:22:58,000 Speaker 15: Mike? 519 00:22:58,000 --> 00:23:00,520 Speaker 20: It should be noted that Zelensky had all the Western 520 00:23:00,600 --> 00:23:02,600 Speaker 20: leaders have learned how to flatter and suck up to 521 00:23:02,640 --> 00:23:05,880 Speaker 20: President Trump. Here's a moment when foxes for the deuce, 522 00:23:05,920 --> 00:23:11,119 Speaker 20: he echoed Kremlin talking points and Zelensky refused to bite. 523 00:23:11,160 --> 00:23:13,000 Speaker 20: What patients the man has? 524 00:23:13,160 --> 00:23:16,480 Speaker 15: Are you prepared to keep send the Ukrainian troops to 525 00:23:16,600 --> 00:23:18,280 Speaker 15: their death for another couple of years? 526 00:23:18,520 --> 00:23:21,520 Speaker 6: Or are you going to agree to redraw the maps? 527 00:23:23,080 --> 00:23:24,240 Speaker 12: Thank you for your questions. 528 00:23:24,320 --> 00:23:28,440 Speaker 23: So, first of all, you know we live under easy attacks. 529 00:23:28,480 --> 00:23:30,120 Speaker 14: You know that today have been a lot. 530 00:23:29,920 --> 00:23:33,440 Speaker 20: Of the tax So is Zelensky sending Ukrainian troops to 531 00:23:33,520 --> 00:23:36,399 Speaker 20: their deaths or are Ukrainians finding courageously to protect their 532 00:23:36,400 --> 00:23:39,280 Speaker 20: homeland and their democracy. One commentator here is saying that 533 00:23:39,400 --> 00:23:43,200 Speaker 20: Kremlin could have not written the Fox question any better. 534 00:23:44,280 --> 00:23:46,679 Speaker 2: They arrived back the Dems in Texas. Where does that 535 00:23:46,760 --> 00:23:47,840 Speaker 2: redistricting gona? 536 00:23:48,560 --> 00:23:50,960 Speaker 20: Well, it's underway. We've seen big moves in Texas where 537 00:23:50,960 --> 00:23:53,360 Speaker 20: the Dems have ended a two week walkout. They left 538 00:23:53,359 --> 00:23:57,359 Speaker 20: the state trying to stop the electoral maps being redrawn. 539 00:23:57,400 --> 00:23:59,440 Speaker 20: In a way that would lock in five new Republican 540 00:23:59,440 --> 00:24:05,440 Speaker 20: congressional seats and perhaps a Republican majority in the Congress federally. 541 00:24:05,960 --> 00:24:09,000 Speaker 20: Them's tonight a quorum. Now the remaking of those electorates 542 00:24:09,080 --> 00:24:12,040 Speaker 20: is underway, with Democratic lawmakers underguard except for one, the 543 00:24:12,119 --> 00:24:15,560 Speaker 20: core Collier, who refused to agree to an armed escort. 544 00:24:15,680 --> 00:24:17,800 Speaker 20: So she is being held in the House chamber as 545 00:24:17,840 --> 00:24:22,000 Speaker 20: a sort of white political prisoner. People are outside chanting. 546 00:24:23,640 --> 00:24:24,320 Speaker 3: Let her out. 547 00:24:24,520 --> 00:24:26,800 Speaker 20: So, Mike, is this democras? 548 00:24:26,840 --> 00:24:28,600 Speaker 2: It is weird? As all right might see in a 549 00:24:28,600 --> 00:24:30,560 Speaker 2: couple of days. Richard Arnald State side should follow that. 550 00:24:30,560 --> 00:24:32,679 Speaker 2: It's an interesting story because the Dems are doing similar 551 00:24:32,720 --> 00:24:34,320 Speaker 2: things in other states. So what they're trying to do 552 00:24:34,359 --> 00:24:36,920 Speaker 2: in redistricting, they basically are allowed to redraw the map, 553 00:24:37,520 --> 00:24:41,399 Speaker 2: And in redistricting the Dems are looking to counteract what 554 00:24:41,440 --> 00:24:44,720 Speaker 2: the Republicans are doing in Texas. So it all balances 555 00:24:44,720 --> 00:24:46,119 Speaker 2: out at the end of the day. It's the stupid 556 00:24:46,119 --> 00:24:47,960 Speaker 2: ass system. Newsmacks, by the way, I have settled with 557 00:24:48,000 --> 00:24:50,960 Speaker 2: dominion remited, dominion rand, the voting machines, and Newsmaks said 558 00:24:51,000 --> 00:24:53,080 Speaker 2: old bunch of random stuff about the election In twenty 559 00:24:53,160 --> 00:24:56,359 Speaker 2: twenty that got settled yesterday one hundred million dollars. They 560 00:24:56,359 --> 00:24:58,320 Speaker 2: wrote the check for Fox wrote a fairly large check 561 00:24:58,320 --> 00:25:00,840 Speaker 2: to them as well, and the US State. This is 562 00:25:00,920 --> 00:25:04,680 Speaker 2: real and it's interesting because a lot of New Zealand 563 00:25:04,720 --> 00:25:07,440 Speaker 2: students end up at American universities. So far, the State 564 00:25:07,480 --> 00:25:10,399 Speaker 2: Department has rejected six thousand student visas. So this is 565 00:25:10,440 --> 00:25:14,080 Speaker 2: the whole. If you've said anything particularly random on social 566 00:25:14,119 --> 00:25:16,800 Speaker 2: media and you're a bit outspoken about certain parts of 567 00:25:16,840 --> 00:25:19,639 Speaker 2: the world and life and times, Rubio might find your 568 00:25:19,680 --> 00:25:22,480 Speaker 2: phone and then decide you're not going to Harvard. So 569 00:25:22,560 --> 00:25:25,720 Speaker 2: about four thousand of those revoked because basically the students 570 00:25:25,760 --> 00:25:27,600 Speaker 2: break the law. There's probably nothing wrong with that. I 571 00:25:27,600 --> 00:25:29,560 Speaker 2: don't think you can defend that you can't go to America, 572 00:25:29,720 --> 00:25:32,520 Speaker 2: study at Harvard or Stamford, then go out and break 573 00:25:32,560 --> 00:25:34,840 Speaker 2: American law and not expecting to get booted out. Two 574 00:25:34,880 --> 00:25:38,760 Speaker 2: to three hundred visas also revoked for terrorism done under 575 00:25:38,760 --> 00:25:41,760 Speaker 2: the INA three B rule. There's more than one point 576 00:25:41,760 --> 00:25:45,600 Speaker 2: one million international students from two hundred and ten countries 577 00:25:45,720 --> 00:25:48,600 Speaker 2: in US colleges, so it is a big, big business. 578 00:25:48,840 --> 00:25:53,000 Speaker 1: Ten to seven the make Asking Breakfast with a Vida 579 00:25:53,080 --> 00:25:55,159 Speaker 1: retirement Communities News, togs Head. 580 00:25:55,040 --> 00:25:57,000 Speaker 2: Be there, shivn away from seven. So this Trump claim 581 00:25:57,040 --> 00:25:59,560 Speaker 2: of seven wars at all, it's bs as usual. India 582 00:25:59,600 --> 00:26:04,399 Speaker 2: parks done in May, it's maybe maybe not. India rejects 583 00:26:04,400 --> 00:26:06,880 Speaker 2: the third party was involved in any way. Pakistan's nominated 584 00:26:06,880 --> 00:26:08,920 Speaker 2: Trump for a peace price. So some like it, some don't. 585 00:26:08,920 --> 00:26:10,800 Speaker 2: So let's give them. Let's give them one war. Let's 586 00:26:10,800 --> 00:26:13,639 Speaker 2: give them that one. A Democratic Republic of Congo and 587 00:26:13,720 --> 00:26:17,919 Speaker 2: Rwanda generally will give them a Yes, it's still ongoing, 588 00:26:17,960 --> 00:26:20,560 Speaker 2: but they signed, so we'll give them two wars. So 589 00:26:20,640 --> 00:26:23,680 Speaker 2: so far too up, two down. As a Bajan at Armenia, 590 00:26:23,880 --> 00:26:26,320 Speaker 2: there was a joint peace declaration signed just the other day. 591 00:26:26,320 --> 00:26:29,120 Speaker 2: They're at the table transportation corridor. It's called the Trump 592 00:26:29,200 --> 00:26:30,919 Speaker 2: Route for Peace and Prosperity. Said that the win so 593 00:26:30,920 --> 00:26:32,400 Speaker 2: three out of three. So the guy's on a roll. 594 00:26:32,840 --> 00:26:35,040 Speaker 2: Thailand Cambodia. Now this is where I got a bit 595 00:26:35,080 --> 00:26:37,560 Speaker 2: efy on this. That was not a war that lasted 596 00:26:37,560 --> 00:26:39,240 Speaker 2: a handful of days. There was a skirmish on the 597 00:26:39,240 --> 00:26:40,640 Speaker 2: border and he rang them up and he said, listen, 598 00:26:40,640 --> 00:26:43,040 Speaker 2: if you guys don't get it sorted out, I'm going 599 00:26:43,080 --> 00:26:46,639 Speaker 2: to increase somebody's tariffs, and so they stopped. Now, so 600 00:26:46,680 --> 00:26:48,800 Speaker 2: it wasn't a war, it was a skirmish. He did 601 00:26:48,800 --> 00:26:50,119 Speaker 2: solve it, so you can give him something. You can 602 00:26:50,119 --> 00:26:52,640 Speaker 2: give them half a point for that. Israel Iran? I mean, 603 00:26:52,680 --> 00:26:56,919 Speaker 2: come on, is that over? Is that finished? Is Iran 604 00:26:57,040 --> 00:26:59,639 Speaker 2: finished for now? I guess you can argue yes, I 605 00:26:59,680 --> 00:27:01,960 Speaker 2: mean bomb them. The B twos went in. Have you 606 00:27:01,960 --> 00:27:05,240 Speaker 2: heard from Iran since no? So that's when. So he's 607 00:27:05,280 --> 00:27:08,680 Speaker 2: doing all right so far. Egypt Ethiopia dispute over the Nile. 608 00:27:09,040 --> 00:27:12,359 Speaker 2: That's a river. Both countries said, nothing's been solved, No 609 00:27:12,520 --> 00:27:15,360 Speaker 2: casualties linked to the dams. No, so he hasn't done 610 00:27:15,359 --> 00:27:17,359 Speaker 2: anything there, but he's claiming it, so he's wrong. Serbia 611 00:27:17,440 --> 00:27:20,439 Speaker 2: Kosovo says Serbia was about to clash but he ended it. 612 00:27:20,920 --> 00:27:23,000 Speaker 2: So there's a new rule of law, mission and native 613 00:27:23,040 --> 00:27:25,800 Speaker 2: peace plan also, so no, no, no, no, no no no. 614 00:27:26,359 --> 00:27:29,439 Speaker 2: So there's two no's there, five maybes, five years. So 615 00:27:29,480 --> 00:27:32,840 Speaker 2: he's done five out of seven. But the next one, 616 00:27:32,880 --> 00:27:34,480 Speaker 2: if he gets this one done, that's the big one, 617 00:27:34,520 --> 00:27:37,280 Speaker 2: isn't it. Then you reckon five minutes away from seven? 618 00:27:38,200 --> 00:27:41,440 Speaker 1: Well, the ins and the ouse, it's the biz with 619 00:27:41,720 --> 00:27:45,200 Speaker 1: business Fiber take your business productivity to the next level. 620 00:27:45,280 --> 00:27:47,560 Speaker 2: Now we're into where we're heading an insurance and if 621 00:27:47,600 --> 00:27:49,040 Speaker 2: you listen to the show on a regular basis, you 622 00:27:49,080 --> 00:27:51,520 Speaker 2: know how big I am on this. Your insurance world 623 00:27:51,640 --> 00:27:53,359 Speaker 2: is going to change in a dramatic way and the 624 00:27:53,440 --> 00:27:57,879 Speaker 2: ensuing year's Tower is starting to charge customers more for 625 00:27:57,960 --> 00:28:00,199 Speaker 2: your insurance of your properties at higher risipram, slat and 626 00:28:00,240 --> 00:28:02,200 Speaker 2: sea surges. So we're seeing this round various parts of 627 00:28:02,240 --> 00:28:04,000 Speaker 2: the country. Wellington, of course you'll be going, oh, what, 628 00:28:04,000 --> 00:28:07,359 Speaker 2: what's new here? Ten percent of customers who this effects 629 00:28:07,400 --> 00:28:09,040 Speaker 2: medium increase is going to be about two hundred and 630 00:28:09,080 --> 00:28:10,560 Speaker 2: thirty dollars a year, So that's not the end of 631 00:28:10,560 --> 00:28:13,159 Speaker 2: the world, is it? And for the other ninety percent 632 00:28:13,600 --> 00:28:17,720 Speaker 2: it's about seventy dollars less. Now. Tower did a similar 633 00:28:17,800 --> 00:28:21,040 Speaker 2: risk based thing for earthquakes back in twenty eighteen six 634 00:28:21,040 --> 00:28:24,800 Speaker 2: percent homes are at risk of earthquakes. Then for the 635 00:28:24,800 --> 00:28:26,919 Speaker 2: floods in twenty twenty one, six percent of homes at 636 00:28:27,000 --> 00:28:31,000 Speaker 2: risk of flooding. Percentage of New Zealand homes at risk 637 00:28:31,080 --> 00:28:35,520 Speaker 2: of sea surges is currently five percent, while three percent 638 00:28:35,520 --> 00:28:39,560 Speaker 2: of increased risk of being affected by slips, so that's 639 00:28:39,600 --> 00:28:42,600 Speaker 2: a real thing. Now they take into account community efforts 640 00:28:42,640 --> 00:28:45,800 Speaker 2: to reduce the risks, like small groups putting up a 641 00:28:45,840 --> 00:28:48,760 Speaker 2: sea wall. I don't know that's true. I mean, obviously, 642 00:28:48,800 --> 00:28:50,600 Speaker 2: if you go along and you go mate your houses 643 00:28:50,600 --> 00:28:51,840 Speaker 2: on the edge of a cliff and you go. But 644 00:28:51,960 --> 00:28:54,520 Speaker 2: Brian and I spent the weekend with a working bee 645 00:28:54,520 --> 00:28:56,440 Speaker 2: putting up the sea wall. They go, really, did you 646 00:28:57,000 --> 00:28:59,600 Speaker 2: show us a photo? I can't even that's true. They 647 00:28:59,680 --> 00:29:02,280 Speaker 2: just say two hundred. This is the other thing you 648 00:29:02,280 --> 00:29:04,440 Speaker 2: need to know about. The government has yet to decide 649 00:29:04,440 --> 00:29:08,200 Speaker 2: on this. The two hundred dollars plus hiker Natural Hazards Commission. 650 00:29:08,240 --> 00:29:12,000 Speaker 2: Levy Seymour's sort of overseeing this. They used to be 651 00:29:12,080 --> 00:29:14,960 Speaker 2: known as the Earthquake Commission, of course, but they're going 652 00:29:14,960 --> 00:29:18,840 Speaker 2: to charge you more for basically they can't afford to 653 00:29:18,840 --> 00:29:21,000 Speaker 2: cover you. So this is the stuff when stuff goes 654 00:29:21,080 --> 00:29:23,320 Speaker 2: wrong and you go to what was the earthquake called 655 00:29:23,400 --> 00:29:26,680 Speaker 2: Natural Hazards Commission and you get some money. It's never 656 00:29:26,720 --> 00:29:29,479 Speaker 2: covered everything. It never will cover everything. But it's covering 657 00:29:29,520 --> 00:29:33,000 Speaker 2: even less because there's too many natural events going on 658 00:29:33,040 --> 00:29:34,440 Speaker 2: in the country. So they're going to have to sting 659 00:29:34,480 --> 00:29:37,120 Speaker 2: you more. Now you will go. But isn't that inflationary? 660 00:29:37,200 --> 00:29:39,800 Speaker 2: Isn't that a cost plus? But yes it is. So 661 00:29:39,880 --> 00:29:41,960 Speaker 2: you're complaining about the councils, you can plain about the 662 00:29:41,960 --> 00:29:43,400 Speaker 2: government as well. But then again, what do you want? 663 00:29:43,400 --> 00:29:44,840 Speaker 2: Do you want no insurance cover? What are you going 664 00:29:44,880 --> 00:29:47,520 Speaker 2: to do? And this was where we bring in the 665 00:29:47,560 --> 00:29:49,880 Speaker 2: central banking Christian hawks? But you reckon he's got the job. 666 00:29:49,880 --> 00:29:51,800 Speaker 2: By the way, when are they going to announce that? 667 00:29:51,840 --> 00:29:53,880 Speaker 2: Has he got the job or someone else got the job? Anyway, 668 00:29:54,320 --> 00:29:56,600 Speaker 2: cash rate day to day will get some predictions for 669 00:29:56,640 --> 00:29:59,160 Speaker 2: you after the news, which is next here news talk 670 00:29:59,200 --> 00:29:59,560 Speaker 2: said be. 671 00:30:01,720 --> 00:30:06,400 Speaker 1: News, opinion and everything in between the Mike Costing breakfast 672 00:30:06,520 --> 00:30:10,680 Speaker 1: with Rainthrover leading by example, news togs. 673 00:30:10,240 --> 00:30:13,080 Speaker 2: Seven past seven. So right, another ocr day. Everyone seems 674 00:30:13,080 --> 00:30:14,720 Speaker 2: to see the twenty five points being cut from the 675 00:30:14,720 --> 00:30:16,840 Speaker 2: cash rope. The real story of courses of the commentary. 676 00:30:16,880 --> 00:30:18,760 Speaker 2: Does the bank think they've done the job? Or is 677 00:30:18,800 --> 00:30:21,080 Speaker 2: there more where that came from? Today Jared Kirkie, why 678 00:30:21,120 --> 00:30:23,360 Speaker 2: Bank's chief economist is back with us. Jared, very good 679 00:30:23,360 --> 00:30:23,960 Speaker 2: morning to you. 680 00:30:24,680 --> 00:30:25,400 Speaker 17: Good morning mind. 681 00:30:25,440 --> 00:30:28,080 Speaker 2: I must congratulate you because you've been consistent over the months. 682 00:30:28,120 --> 00:30:30,160 Speaker 2: You've said fifty to fifty to fifty points and you 683 00:30:30,280 --> 00:30:32,800 Speaker 2: need some more help from the bank. Do you think 684 00:30:32,920 --> 00:30:35,400 Speaker 2: ultimately you will be proved to be right? 685 00:30:36,760 --> 00:30:40,080 Speaker 17: I think we're getting close to the bottom and I 686 00:30:40,120 --> 00:30:43,280 Speaker 17: think that's, you know, where we need to be, and 687 00:30:43,320 --> 00:30:44,680 Speaker 17: it's what we've been calling for. 688 00:30:44,720 --> 00:30:48,120 Speaker 2: So, yeah, twenty five today with how many more? One 689 00:30:48,200 --> 00:30:48,480 Speaker 2: or two? 690 00:30:49,760 --> 00:30:50,120 Speaker 18: Another? 691 00:30:50,200 --> 00:30:50,400 Speaker 4: Two? 692 00:30:51,520 --> 00:30:53,440 Speaker 2: So that gets us down to what two? Five? Two 693 00:30:53,480 --> 00:30:54,040 Speaker 2: point five? 694 00:30:54,760 --> 00:30:54,960 Speaker 13: Yeah? 695 00:30:55,200 --> 00:30:57,840 Speaker 17: Exactly. And while we're saying that, is that we think 696 00:30:57,920 --> 00:31:02,160 Speaker 17: neutrals are round three and slightly. Symmetry setting is what 697 00:31:02,200 --> 00:31:02,960 Speaker 17: we need. 698 00:31:03,360 --> 00:31:06,440 Speaker 2: Right, So do they see that? And if they don't 699 00:31:06,520 --> 00:31:08,000 Speaker 2: see it, could they have done it quicker? 700 00:31:09,280 --> 00:31:11,280 Speaker 17: They could have done it quicker. I mean they paused 701 00:31:11,320 --> 00:31:14,640 Speaker 17: last meeting, which I don't think was the right decision, 702 00:31:14,720 --> 00:31:18,560 Speaker 17: and here we are cutting today. I do think they 703 00:31:18,600 --> 00:31:22,200 Speaker 17: get it. Their current ocr track, which is their four cars, 704 00:31:22,400 --> 00:31:25,240 Speaker 17: suggests that they can go down to two seventy five. 705 00:31:25,760 --> 00:31:28,640 Speaker 17: So we're getting close. And I just think we need 706 00:31:28,680 --> 00:31:32,600 Speaker 17: to get us into symmetry territory to really get us 707 00:31:32,640 --> 00:31:33,880 Speaker 17: out of a recession. 708 00:31:34,160 --> 00:31:36,920 Speaker 2: How much of it's psychological and how much of it's real? 709 00:31:37,040 --> 00:31:39,600 Speaker 2: I mean, we keep saying twenty five and something will happen, 710 00:31:39,640 --> 00:31:42,040 Speaker 2: and then all these people are on their fixed rates 711 00:31:42,040 --> 00:31:44,080 Speaker 2: and they will go, well, you know, and run around, 712 00:31:44,080 --> 00:31:45,280 Speaker 2: we go it hasn't happened. 713 00:31:45,000 --> 00:31:46,720 Speaker 3: Has it? No? 714 00:31:46,800 --> 00:31:47,280 Speaker 13: Not yet. 715 00:31:47,720 --> 00:31:49,720 Speaker 17: You need to get instrates to a level where it 716 00:31:49,800 --> 00:31:53,640 Speaker 17: actually kicks in and it stimulates and it gets people talking, 717 00:31:53,720 --> 00:31:56,520 Speaker 17: it gets people excited, and we're not there. When I 718 00:31:56,560 --> 00:32:00,000 Speaker 17: talk to property investors, you know, mortgage rates at five percent, 719 00:32:00,520 --> 00:32:02,400 Speaker 17: they're a lot better than what they were, you know, 720 00:32:02,520 --> 00:32:05,120 Speaker 17: seven and a half percent last year, but they're not 721 00:32:05,160 --> 00:32:09,560 Speaker 17: at levels that are enticing them. Rental yields are not there. 722 00:32:09,600 --> 00:32:11,720 Speaker 17: They're at three and a half percent, they're not at five. 723 00:32:12,720 --> 00:32:16,840 Speaker 17: You talk to businesses and that's just nervous that they're 724 00:32:16,880 --> 00:32:20,760 Speaker 17: not ready to go out and invest correct. 725 00:32:21,200 --> 00:32:23,080 Speaker 2: What's your vibe on Christian? Is he going to tell 726 00:32:23,160 --> 00:32:24,960 Speaker 2: us what he needs to tell us today or is 727 00:32:25,000 --> 00:32:26,360 Speaker 2: he going to play it close to his chest so 728 00:32:26,400 --> 00:32:28,640 Speaker 2: he doesn't overplay his hand. From his point of view. 729 00:32:29,240 --> 00:32:31,200 Speaker 17: Well, he played it close to his chest and May, 730 00:32:32,040 --> 00:32:35,280 Speaker 17: which I think was the wrong decision. I think he 731 00:32:35,320 --> 00:32:37,480 Speaker 17: should have been a bit more aggressive, a bit more 732 00:32:37,960 --> 00:32:40,600 Speaker 17: pro growth. So I think we'll get a bit more 733 00:32:40,640 --> 00:32:44,760 Speaker 17: of what we saw in May today he will cut. 734 00:32:44,840 --> 00:32:47,520 Speaker 17: He will point to the need for another one, but 735 00:32:47,920 --> 00:32:50,400 Speaker 17: he's playing his cards very close to his chest. 736 00:32:50,720 --> 00:32:52,680 Speaker 2: Is it him or is it the committee? Or is 737 00:32:52,680 --> 00:32:55,000 Speaker 2: it both? Are they all of the similar realk They 738 00:32:55,040 --> 00:32:58,360 Speaker 2: sit in a room in Wellington's stare at spreadshets. 739 00:32:58,480 --> 00:33:01,880 Speaker 17: Yeah, they do as part of the gig. And I 740 00:33:01,920 --> 00:33:05,800 Speaker 17: do think they're being cautious with what's going on overseas, 741 00:33:05,880 --> 00:33:09,200 Speaker 17: and there is a bit of residual inflation locally that 742 00:33:08,920 --> 00:33:11,840 Speaker 17: they're worried about. I just think they need to look 743 00:33:11,920 --> 00:33:15,080 Speaker 17: through it. This time next year, we think inflation is 744 00:33:15,080 --> 00:33:18,520 Speaker 17: going to be below two percent, and that gives them 745 00:33:18,560 --> 00:33:20,200 Speaker 17: plenty of your headon to cut. 746 00:33:20,800 --> 00:33:22,800 Speaker 2: All right, let's see what happens. Apreciate your time as always. 747 00:33:22,840 --> 00:33:25,360 Speaker 2: Jared Kirkkey, We Bank chief Economists. Ten minutes past seven. 748 00:33:26,360 --> 00:33:28,760 Speaker 2: More confirmation that absurd numbers of our children can't read 749 00:33:28,840 --> 00:33:30,760 Speaker 2: or do maths properly. Twenty four percent listen to this. 750 00:33:30,760 --> 00:33:32,680 Speaker 2: Twenty four percent of year eight students meet the newly 751 00:33:32,720 --> 00:33:35,200 Speaker 2: implemented standards for writing twenty four So that's seventy six 752 00:33:35,240 --> 00:33:37,440 Speaker 2: because I can do maths, seventy six percent who don't. 753 00:33:38,520 --> 00:33:40,680 Speaker 2: So the Writing Action Plan has been launched along with 754 00:33:40,720 --> 00:33:42,840 Speaker 2: all the other action plans to dig ourselves out of 755 00:33:42,840 --> 00:33:45,760 Speaker 2: this educational whole. Erica Stanford is the Education Minister back 756 00:33:45,800 --> 00:33:48,520 Speaker 2: with us. Good morning, Good morning, mate. Explain this to me, 757 00:33:48,560 --> 00:33:50,840 Speaker 2: so writing when you start in year three, don't start 758 00:33:50,840 --> 00:33:52,800 Speaker 2: in the year three. By year three, forty one percent 759 00:33:52,840 --> 00:33:54,840 Speaker 2: of people meet the standard thirty three, by year six, 760 00:33:54,880 --> 00:33:57,000 Speaker 2: twenty four, by year eight. That looks like they go 761 00:33:57,040 --> 00:33:58,360 Speaker 2: to school and go backwards. 762 00:33:58,920 --> 00:34:01,040 Speaker 24: Yeah, does look like that. Longer you stay at school, 763 00:34:01,040 --> 00:34:04,280 Speaker 24: the worse the results. And that is the reason for 764 00:34:04,320 --> 00:34:07,160 Speaker 24: that is we've had a very bad curriculum which has 765 00:34:07,160 --> 00:34:10,440 Speaker 24: now been replaced this year. We've had teaching practices teaching 766 00:34:10,480 --> 00:34:12,279 Speaker 24: children to read that make them guess the word and 767 00:34:13,600 --> 00:34:16,120 Speaker 24: read the whole sentence and then think about the context 768 00:34:16,120 --> 00:34:18,279 Speaker 24: and guess the word. I mean, this is basically the 769 00:34:18,320 --> 00:34:22,080 Speaker 24: results of years and years and years of decline and 770 00:34:22,520 --> 00:34:25,080 Speaker 24: poor practice and a poor curriculum. And that's changed from 771 00:34:25,080 --> 00:34:28,040 Speaker 24: this year. But those baseline results are pretty grim. 772 00:34:28,280 --> 00:34:30,319 Speaker 2: Yes they are. You speak and I watched you again 773 00:34:30,400 --> 00:34:32,480 Speaker 2: yesterday when you were doing a press conference at that school. 774 00:34:32,520 --> 00:34:35,680 Speaker 2: You speak of these programs like doctors speak of penicillin. So, 775 00:34:35,719 --> 00:34:37,960 Speaker 2: in other words, if I give you penicillin, the cure 776 00:34:38,040 --> 00:34:40,759 Speaker 2: is there. Do you know that what you're doing is 777 00:34:40,840 --> 00:34:43,040 Speaker 2: going to work? Or do you just hope, like hell 778 00:34:43,080 --> 00:34:43,479 Speaker 2: it does. 779 00:34:44,800 --> 00:34:47,680 Speaker 24: Every single thing we've implemented has been evidence based and 780 00:34:47,800 --> 00:34:50,720 Speaker 24: already has results. So, for example, when we implemented structured 781 00:34:50,760 --> 00:34:54,200 Speaker 24: literacy and mandated it across the entire system, that wasn't 782 00:34:54,320 --> 00:34:56,280 Speaker 24: just a finger in the one let's hope it works. 783 00:34:56,320 --> 00:34:58,640 Speaker 24: That was based on years and years and years, in fact, 784 00:34:58,680 --> 00:35:01,040 Speaker 24: decades of cognitive research, and a whole lot of schools 785 00:35:01,040 --> 00:35:04,080 Speaker 24: had already implemented it and we could see the enormous 786 00:35:04,080 --> 00:35:06,279 Speaker 24: accelerated effect of it. And the same will be with 787 00:35:06,400 --> 00:35:09,280 Speaker 24: this writing tool. There's a few things we really struggle 788 00:35:09,360 --> 00:35:12,520 Speaker 24: with handwriting in this country because essentially haven't been doing 789 00:35:12,560 --> 00:35:14,200 Speaker 24: it enough and we haven't been done it properly. So 790 00:35:14,320 --> 00:35:17,400 Speaker 24: the new Handwriting Guide will tell teachers exactly how to 791 00:35:17,440 --> 00:35:19,600 Speaker 24: teach handwriting, truly new toll that we. 792 00:35:19,520 --> 00:35:22,440 Speaker 2: Will right tremendous responsibility on you, and we blame the 793 00:35:22,440 --> 00:35:23,920 Speaker 2: schools and all that. Where are the parents in all 794 00:35:23,960 --> 00:35:28,920 Speaker 2: of this? I mean maths, I get because maths is funny, 795 00:35:29,320 --> 00:35:31,600 Speaker 2: but reading isn't. Where are the parents? 796 00:35:32,560 --> 00:35:32,920 Speaker 16: Well? 797 00:35:33,200 --> 00:35:34,840 Speaker 24: That is a good question, and I think there's a 798 00:35:34,840 --> 00:35:38,120 Speaker 24: couple of answers to that. Firstly, I feel like there 799 00:35:38,120 --> 00:35:40,280 Speaker 24: has been a little bit of a Chinese wall between 800 00:35:40,480 --> 00:35:43,160 Speaker 24: schools and parents, which is why we launched the Parent Portal. 801 00:35:43,320 --> 00:35:45,719 Speaker 24: Here is everything your child will be learning in year 802 00:35:45,760 --> 00:35:47,920 Speaker 24: one in English, so you can see, and here are 803 00:35:47,920 --> 00:35:49,799 Speaker 24: a whole lot of resources you can help out at home. 804 00:35:50,280 --> 00:35:52,320 Speaker 24: Parents didn't have access to that before. They were flying 805 00:35:52,360 --> 00:35:54,280 Speaker 24: a little bit blind. And they turn up to a 806 00:35:54,320 --> 00:35:57,440 Speaker 24: parent teacher interview and your kids sitting right there beside you. 807 00:35:57,480 --> 00:35:59,759 Speaker 24: It's no longer an an honest conversation between you and 808 00:35:59,800 --> 00:36:02,840 Speaker 24: the t it's child lead. For goodness sake, you know, 809 00:36:02,840 --> 00:36:04,520 Speaker 24: we've got to give power back to the parents and 810 00:36:04,520 --> 00:36:07,880 Speaker 24: say you are demanding customers. You also have a responsibility 811 00:36:08,000 --> 00:36:10,640 Speaker 24: when things are falling behind. You have to do something 812 00:36:10,640 --> 00:36:13,000 Speaker 24: at home as well. And look, but you're right, you 813 00:36:13,000 --> 00:36:15,839 Speaker 24: know we're going to have something more to say next next, 814 00:36:15,920 --> 00:36:18,680 Speaker 24: in the next few weeks about a plan for next year. 815 00:36:18,680 --> 00:36:22,640 Speaker 24: In terms of engaging parents in literacy and reading at home, 816 00:36:22,680 --> 00:36:24,360 Speaker 24: the most important thing you can do is speak and 817 00:36:24,440 --> 00:36:25,120 Speaker 24: read to your child. 818 00:36:25,320 --> 00:36:26,839 Speaker 2: Well, let us know when you're doing that. We'll get 819 00:36:26,840 --> 00:36:29,480 Speaker 2: you on again appreciated Erica Stamford, who's the education minister? 820 00:36:29,520 --> 00:36:32,160 Speaker 2: It's thirteen minutes past seven pastlight to I the only 821 00:36:32,200 --> 00:36:34,239 Speaker 2: person seeing the irony of teachers striking the day after 822 00:36:34,280 --> 00:36:36,600 Speaker 2: the announcement that our children's literacy and numeracy have hit 823 00:36:36,640 --> 00:36:38,560 Speaker 2: record lows. No, you're not mourning, Mike. I wonder if 824 00:36:38,560 --> 00:36:40,920 Speaker 2: all the schools we're doing to mark down the students's 825 00:36:41,320 --> 00:36:44,360 Speaker 2: that down the students has unjustified absence? What about the teachers? 826 00:36:44,520 --> 00:36:44,759 Speaker 15: Is this? 827 00:36:45,440 --> 00:36:47,560 Speaker 2: I read those out? That's just a small selection of 828 00:36:47,920 --> 00:36:51,240 Speaker 2: what I get on strike day. More for teachers than nurses, 829 00:36:51,239 --> 00:36:55,200 Speaker 2: I must admit. Is that a vibe? What are we 830 00:36:55,320 --> 00:36:57,880 Speaker 2: sick of the teachers striking? Is that the teachers striking? 831 00:36:58,000 --> 00:37:00,759 Speaker 2: Or is that the union's driving it? Should we be 832 00:37:00,760 --> 00:37:03,680 Speaker 2: playing teachers on merit as opposed to just paying teachers 833 00:37:03,719 --> 00:37:06,040 Speaker 2: for turning up in the classroom like the unions want. 834 00:37:06,600 --> 00:37:10,759 Speaker 2: Are New Zealanders broadly speaking out of patients with teachers 835 00:37:10,960 --> 00:37:13,439 Speaker 2: or is it just a small collection? Who hit the text? 836 00:37:13,560 --> 00:37:17,399 Speaker 2: On the my Casking Breakfast Show fourteen past seven, The. 837 00:37:17,440 --> 00:37:22,360 Speaker 1: My Asking Breakfast Full Show podcast on iHeartRadio powered by News. 838 00:37:22,120 --> 00:37:25,120 Speaker 2: Talks at be Mike good point, do we have visibility 839 00:37:25,120 --> 00:37:26,800 Speaker 2: on the breakdown of that twenty four percent? Is that 840 00:37:26,840 --> 00:37:28,879 Speaker 2: made up mainly private school pupils and therefore the public 841 00:37:28,920 --> 00:37:31,160 Speaker 2: school statistics are even worse than that, and the teachers 842 00:37:31,160 --> 00:37:34,839 Speaker 2: want more money seems counterproductive. It's an interesting point. Geographic 843 00:37:35,239 --> 00:37:37,080 Speaker 2: geography would play a fairly big part in that. I 844 00:37:37,160 --> 00:37:40,400 Speaker 2: suspect as well. Right seventeen past seven of the Business 845 00:37:40,400 --> 00:37:43,160 Speaker 2: of sport, the Blues and their Super Rugby team are 846 00:37:43,200 --> 00:37:45,239 Speaker 2: moving to Go Media for a couple of games next year. 847 00:37:45,320 --> 00:37:46,840 Speaker 2: Go Media Stadium, this of course the home of the 848 00:37:46,840 --> 00:37:49,000 Speaker 2: Warriors in Auckland FC. Now Nick Saunton is the CEO 849 00:37:49,040 --> 00:37:51,279 Speaker 2: of Eden Park and is with us on this. Nick 850 00:37:51,400 --> 00:37:55,000 Speaker 2: Morning good Morning might take his time, no worries. Is 851 00:37:55,040 --> 00:37:55,960 Speaker 2: this a gut punch. 852 00:37:57,760 --> 00:38:00,840 Speaker 25: Well, we're still working closely with Auckland Rugby, Auckland Unlimited 853 00:38:00,880 --> 00:38:03,120 Speaker 25: and the Blues to finalize the twenty twenty six Super 854 00:38:03,120 --> 00:38:06,080 Speaker 25: Agby schedule. But having the right event and the right 855 00:38:06,200 --> 00:38:10,279 Speaker 25: venue is important and the Blues negotiation probably highlights the 856 00:38:10,320 --> 00:38:13,360 Speaker 25: need for a broader conversation regarding the Auckland Stadium network. 857 00:38:13,680 --> 00:38:16,760 Speaker 25: And then you have best it along with what's best Auckland. 858 00:38:16,880 --> 00:38:20,040 Speaker 25: When we optimize and utilize our stadium methots, do. 859 00:38:19,920 --> 00:38:21,960 Speaker 2: You lose money or do the Blues lose money every 860 00:38:21,960 --> 00:38:23,800 Speaker 2: time they go to Edon Park? Is that the problem 861 00:38:23,800 --> 00:38:25,680 Speaker 2: they go to a smaller stadium. 862 00:38:26,120 --> 00:38:28,080 Speaker 25: Now every time they come to Eden Park they make 863 00:38:28,160 --> 00:38:32,360 Speaker 25: money before a balls kicked the commercial terms with the Blues, 864 00:38:32,400 --> 00:38:37,000 Speaker 25: meaning that they are significantly advantaged by our programs like 865 00:38:37,080 --> 00:38:39,880 Speaker 25: our membership program, but also a number of the initiatives 866 00:38:39,920 --> 00:38:42,759 Speaker 25: we've implemented over the last two years to assist with 867 00:38:42,880 --> 00:38:44,160 Speaker 25: their ongoing viability. 868 00:38:44,239 --> 00:38:46,440 Speaker 2: Well, do they make more money going to go Media then. 869 00:38:47,760 --> 00:38:50,440 Speaker 25: I'm not privy to the arrangements. Obviously Go Meetia as 870 00:38:50,600 --> 00:38:54,080 Speaker 25: a council controlled venue, eating parks to charitable trust and 871 00:38:54,560 --> 00:38:57,719 Speaker 25: we do work closely with Auckland Unlimited. And I do 872 00:38:57,760 --> 00:39:01,360 Speaker 25: think as I mentioned, this whole utilizer of starting infrastructure 873 00:39:01,360 --> 00:39:05,200 Speaker 25: in Auckland, maximizing attendances, but also what's best of the city. 874 00:39:05,560 --> 00:39:08,799 Speaker 25: Given that Eden Park is the national stadium with the 875 00:39:08,840 --> 00:39:11,319 Speaker 25: Corol opening will be seven minutes to town. We need 876 00:39:11,360 --> 00:39:13,399 Speaker 25: to get more people back to rugby and we want 877 00:39:13,400 --> 00:39:15,680 Speaker 25: to work with both ns ARE and also the Blues 878 00:39:15,719 --> 00:39:16,799 Speaker 25: to ensure that that's the case. 879 00:39:16,920 --> 00:39:19,160 Speaker 2: What if it goes really well and they go there's 880 00:39:19,200 --> 00:39:23,480 Speaker 2: six games the following season at go Media, then what happens. 881 00:39:23,520 --> 00:39:25,319 Speaker 25: Well, we'll have to look for new content and that's 882 00:39:25,320 --> 00:39:27,680 Speaker 25: been a focus at OURS over the last five years 883 00:39:27,719 --> 00:39:30,560 Speaker 25: where we've divers fighted our content. We've got events like 884 00:39:30,680 --> 00:39:34,120 Speaker 25: Arten the Park, the Hot Wheels, Monster Trucks, International League, 885 00:39:34,120 --> 00:39:38,200 Speaker 25: Metallica International Cricket, the Edinburgh Tattoo. But rugby is critical 886 00:39:38,239 --> 00:39:41,000 Speaker 25: for us, Mike. As you can imagine, next year is 887 00:39:41,000 --> 00:39:44,520 Speaker 25: the thirty year anniversary of Super Rugby, so for us 888 00:39:44,600 --> 00:39:47,000 Speaker 25: we want to be celebrating with the Blues thirty. 889 00:39:46,800 --> 00:39:49,320 Speaker 2: Years of Super Rugby. That's another one of those weird 890 00:39:49,320 --> 00:39:51,239 Speaker 2: things where I go, how long Super Rugby have been going? 891 00:39:51,239 --> 00:39:53,840 Speaker 2: I reckon I'd say fifteen. Anyway, Nick, appreciate it. Nick Saortaner, 892 00:39:53,840 --> 00:39:56,880 Speaker 2: who's the of Eden Park Erica needs to tell schools 893 00:39:56,880 --> 00:39:58,320 Speaker 2: to get on with that. I'm a teacher in schools 894 00:39:58,360 --> 00:40:00,520 Speaker 2: can make changes now as a teacher, Mike, I just 895 00:40:00,640 --> 00:40:03,520 Speaker 2: was Erica was in charge years ago. Everything she says 896 00:40:03,600 --> 00:40:06,600 Speaker 2: makes one hundred percent sense. Pay teachers on merrit Michael, 897 00:40:06,640 --> 00:40:08,760 Speaker 2: that's never going to happen. You and I can dream. 898 00:40:09,120 --> 00:40:11,920 Speaker 2: Mike wouldn't mind a parliament full of Erica's attitude. Should 899 00:40:12,000 --> 00:40:13,960 Speaker 2: kids be taking parents discool? It's not a bad point. 900 00:40:13,960 --> 00:40:15,239 Speaker 2: I've got more to say on that in the moment, 901 00:40:15,280 --> 00:40:17,160 Speaker 2: Mike remind me who was the Minister of Education in 902 00:40:17,160 --> 00:40:20,239 Speaker 2: the last six years that I think bordering on being 903 00:40:20,320 --> 00:40:24,160 Speaker 2: unfair to neet is your answer, But it goes back 904 00:40:24,239 --> 00:40:27,080 Speaker 2: further than that. The decline has been multi government, so 905 00:40:27,120 --> 00:40:28,799 Speaker 2: I don't think you want to lay it directly at 906 00:40:28,840 --> 00:40:31,359 Speaker 2: the doorstep of the Labor Party and the Labor Party 907 00:40:31,360 --> 00:40:34,520 Speaker 2: Ali obviously they didn't help. Yeah, back to the classroom 908 00:40:34,560 --> 00:40:35,319 Speaker 2: and parents in the moment. 909 00:40:35,360 --> 00:40:40,960 Speaker 1: Seven twenty the Mike Asking Breakfast Full Show podcast on 910 00:40:41,120 --> 00:40:43,720 Speaker 1: iHeartRadio powered by News Talk Seppy. 911 00:40:45,640 --> 00:40:47,719 Speaker 2: Now, if you're looking for the perfect gift for Dad's day, 912 00:40:48,000 --> 00:40:50,640 Speaker 2: Chemists Warehouse obviously, because they're the home of the unbeatable 913 00:40:50,640 --> 00:40:52,800 Speaker 2: fragrance deals for there, They've got everything you need to 914 00:40:52,800 --> 00:40:55,040 Speaker 2: make them feel special. 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It's 929 00:41:32,160 --> 00:41:34,600 Speaker 2: filled with great gift ideas for that Chemists Warehouse. The 930 00:41:34,600 --> 00:41:39,200 Speaker 2: Real House of Fragrances. This Father's Day asking as Kagie 931 00:41:39,200 --> 00:41:40,680 Speaker 2: the other day. So if you got my Father's Day 932 00:41:40,719 --> 00:41:42,440 Speaker 2: all sorted out, she has far too early, haven't given 933 00:41:42,480 --> 00:41:45,040 Speaker 2: it a moment's thought. And actually I believed her. You 934 00:41:45,040 --> 00:41:47,280 Speaker 2: know when you think, oh no, you're keeping it secret. 935 00:41:47,280 --> 00:41:49,520 Speaker 2: I actually believed it. Seven twenty three. Now can I 936 00:41:49,520 --> 00:41:51,600 Speaker 2: ask you a question about parents? I sort of asked Erica. 937 00:41:51,640 --> 00:41:53,440 Speaker 2: A moment ago, I watched Erica, as I told I, 938 00:41:53,560 --> 00:41:56,000 Speaker 2: do that press conference yesterday at a school in Wellington 939 00:41:56,080 --> 00:41:59,040 Speaker 2: launching this writing action plan. And while I was watching that, 940 00:41:59,440 --> 00:42:01,759 Speaker 2: I was reading story about Niola Willis, who it was 941 00:42:01,760 --> 00:42:04,360 Speaker 2: suggested by people in London might be the next prime minister. 942 00:42:04,400 --> 00:42:06,000 Speaker 2: And now she'd gone to the New Zealand if you've 943 00:42:06,000 --> 00:42:08,600 Speaker 2: missed this piece of nonsense, as she'd gone to the 944 00:42:08,640 --> 00:42:11,080 Speaker 2: New Zealand Society on her trip last week, stood there 945 00:42:11,080 --> 00:42:13,880 Speaker 2: in a tangerine suiting. There had been a buzz about 946 00:42:13,880 --> 00:42:16,440 Speaker 2: the room as they wondered whether this was New Zealand's 947 00:42:16,440 --> 00:42:18,319 Speaker 2: next prime minister. It was a very weird story and 948 00:42:18,400 --> 00:42:20,319 Speaker 2: says a lot about the modern media. And it means nothing, 949 00:42:20,360 --> 00:42:22,920 Speaker 2: of course, but if it ever came down to it, 950 00:42:23,360 --> 00:42:26,520 Speaker 2: I'd take Stamford over Willis all day long. She is 951 00:42:26,560 --> 00:42:28,560 Speaker 2: a force of nature. Stanford. And if you ever want 952 00:42:28,600 --> 00:42:30,480 Speaker 2: to see a minister in charge of detail what you're 953 00:42:30,480 --> 00:42:32,360 Speaker 2: in a classroom in front of cameras, you won't fail 954 00:42:32,360 --> 00:42:34,960 Speaker 2: to be impressed. Bad news, though part of the day 955 00:42:35,000 --> 00:42:37,520 Speaker 2: involved this release of the data showing our kids in 956 00:42:37,600 --> 00:42:39,880 Speaker 2: year three, six and eight they're in real trouble when 957 00:42:39,920 --> 00:42:41,680 Speaker 2: it comes to the maths and reading, A small minority 958 00:42:41,680 --> 00:42:45,120 Speaker 2: are where they should be, a small minority, our small 959 00:42:45,239 --> 00:42:48,040 Speaker 2: minority are where they should be. So the claim is 960 00:42:48,080 --> 00:42:50,960 Speaker 2: at this stage by Stanford is what they've introduced and 961 00:42:51,080 --> 00:42:55,000 Speaker 2: are introducing is the turnaround plan, is the magic, the cure, 962 00:42:55,080 --> 00:42:58,440 Speaker 2: the panacea. Not that it makes it better. But the 963 00:42:58,520 --> 00:43:01,280 Speaker 2: numbers out yesterday were marked against some of the new standards, 964 00:43:01,320 --> 00:43:03,880 Speaker 2: hence the mass of failure rate. Now this stuff is 965 00:43:03,960 --> 00:43:07,040 Speaker 2: benchmark internationally. As she told us a moment ago, and 966 00:43:07,120 --> 00:43:09,320 Speaker 2: once not long ago, maybe when I was at school. 967 00:43:09,320 --> 00:43:11,799 Speaker 2: I don't know. In a lot of stuff, we actually 968 00:43:12,040 --> 00:43:16,680 Speaker 2: lead the world today. We are so far from leading 969 00:43:16,719 --> 00:43:20,120 Speaker 2: the world. It makes you want to cry. Stanford isn't crying. 970 00:43:20,160 --> 00:43:22,000 Speaker 2: She speaks in a way that suggests you know something 971 00:43:22,000 --> 00:43:24,440 Speaker 2: the rest of us don't like. She's seen the future 972 00:43:24,480 --> 00:43:27,440 Speaker 2: and it's bright, or it could be. She just hopes 973 00:43:27,480 --> 00:43:29,560 Speaker 2: it is and is faking it till she makes it. 974 00:43:29,600 --> 00:43:31,640 Speaker 2: Because the gap between where our kids are and where 975 00:43:31,640 --> 00:43:34,840 Speaker 2: they need to be as gargantuan. So back to the parents, 976 00:43:35,600 --> 00:43:39,120 Speaker 2: where are they maths? As I suggested to Erica a moment, 977 00:43:39,320 --> 00:43:41,080 Speaker 2: you can sort of I mean, it can be tricky 978 00:43:41,080 --> 00:43:43,560 Speaker 2: maths if you want to find an excuse, But reading 979 00:43:43,600 --> 00:43:46,319 Speaker 2: and writing isn't A kid who can't read or write 980 00:43:46,400 --> 00:43:48,839 Speaker 2: properly by high school, And that's what we're dealing with here. 981 00:43:49,120 --> 00:43:52,120 Speaker 2: By high school is a reflection of their home life. 982 00:43:52,120 --> 00:43:54,120 Speaker 2: As much as the school, schools take too much heat, 983 00:43:54,360 --> 00:43:57,560 Speaker 2: I reckon governments take too much heat. If your kid 984 00:43:57,680 --> 00:44:00,680 Speaker 2: can't read or write, and your kid is twelve thirteen 985 00:44:00,760 --> 00:44:04,480 Speaker 2: years old, where have you been hosking? 986 00:44:04,840 --> 00:44:04,880 Speaker 7: Like? 987 00:44:05,040 --> 00:44:07,040 Speaker 2: I teach at a private school, so obviously no way 988 00:44:07,040 --> 00:44:10,360 Speaker 2: I'm getting to day off. However, even if it was 989 00:44:10,360 --> 00:44:12,160 Speaker 2: a public school, I would not be in the union. 990 00:44:12,200 --> 00:44:14,439 Speaker 2: Almost all my teaching friends in public schools are also 991 00:44:14,520 --> 00:44:17,279 Speaker 2: not in the union. Those who have found excuses not 992 00:44:17,320 --> 00:44:19,120 Speaker 2: to go to the strike today and are writing workshops 993 00:44:19,120 --> 00:44:20,919 Speaker 2: for their students. Many of us teachers think the union 994 00:44:20,960 --> 00:44:23,120 Speaker 2: is out of touch and pushing for students rather than teachers, 995 00:44:23,320 --> 00:44:26,799 Speaker 2: and the verification rather than the curriculum. It's not a 996 00:44:26,800 --> 00:44:32,640 Speaker 2: bad point. Quick question for you, is anybody anybody in 997 00:44:32,680 --> 00:44:36,320 Speaker 2: this country not thinking what I am about Winston Peters 998 00:44:36,360 --> 00:44:39,880 Speaker 2: and what he did yesterday? How good? I mean, it 999 00:44:39,920 --> 00:44:42,000 Speaker 2: took him too long? If I'm going to criticize one thing. 1000 00:44:42,000 --> 00:44:43,319 Speaker 2: It took him too long. I would have done at 1001 00:44:43,360 --> 00:44:45,719 Speaker 2: day one, the moment I arrived as Foreign Minister. But 1002 00:44:45,920 --> 00:44:51,000 Speaker 2: bringing Mallard home, that little cretitous twat bringing him home 1003 00:44:51,080 --> 00:44:55,080 Speaker 2: early good on Winston and his defense. I mean, I 1004 00:44:55,120 --> 00:44:57,320 Speaker 2: know that Winston's a bit obsessed about the protests and 1005 00:44:57,400 --> 00:45:00,040 Speaker 2: spraying them in music, and that's just the twettishness that 1006 00:45:00,120 --> 00:45:03,120 Speaker 2: you got from Mallard. But the more important point that 1007 00:45:03,200 --> 00:45:05,839 Speaker 2: he made yesterday is that you don't spend your life 1008 00:45:05,880 --> 00:45:10,120 Speaker 2: in the diplomatic service, building your skills and your contacts 1009 00:45:10,160 --> 00:45:12,959 Speaker 2: only to be usurped by an idiot like Mallard because 1010 00:45:12,960 --> 00:45:16,439 Speaker 2: he's a political appointment, and that's applicable to many people 1011 00:45:16,440 --> 00:45:19,279 Speaker 2: who have become political appointment. So getting Mallard home was 1012 00:45:19,400 --> 00:45:22,600 Speaker 2: probably the best thing Winston Peters will do this entire term. 1013 00:45:22,840 --> 00:45:25,040 Speaker 2: And I ask you that question again, is there a 1014 00:45:25,200 --> 00:45:28,200 Speaker 2: single New Zealander who thinks that what he did yesterday 1015 00:45:28,280 --> 00:45:29,040 Speaker 2: was the wrong thing? 1016 00:45:29,640 --> 00:45:34,600 Speaker 1: News is Next, New Zealand's home for trusted news and views, 1017 00:45:34,920 --> 00:45:39,120 Speaker 1: The Mike Hosking Breakfast with Bailey's real Estate altogether better 1018 00:45:39,160 --> 00:45:42,400 Speaker 1: across residential, commercial, and rural news talks dead b. 1019 00:45:42,600 --> 00:45:44,960 Speaker 2: Mark and Jinny after Oat Politics Wednesday twenty three to 1020 00:45:45,080 --> 00:45:47,320 Speaker 2: ah speaking which we joined the Trade minister on the 1021 00:45:47,400 --> 00:45:49,560 Speaker 2: road this want to use in Saudi on his way 1022 00:45:49,560 --> 00:45:52,719 Speaker 2: to Washington. Tariffs at fifteen percent worse than places like 1023 00:45:52,760 --> 00:45:55,000 Speaker 2: the UK and Australia. Of course, the Hoper's arms can 1024 00:45:55,120 --> 00:45:58,080 Speaker 2: be twisted at Todd McLay Trade Ministers backward. 1025 00:45:57,840 --> 00:45:59,320 Speaker 16: This morning, make of money. 1026 00:45:59,440 --> 00:46:01,359 Speaker 2: Before we talk talk about Washington, talk to me about 1027 00:46:01,360 --> 00:46:03,360 Speaker 2: Saudi Arabia. Is the sort of the emirates in the 1028 00:46:03,360 --> 00:46:04,560 Speaker 2: Middle East matures? 1029 00:46:04,680 --> 00:46:04,960 Speaker 19: Are you? 1030 00:46:05,080 --> 00:46:07,520 Speaker 2: Are you bullish about what we've signed there and what 1031 00:46:07,560 --> 00:46:08,439 Speaker 2: we're doing there? 1032 00:46:09,880 --> 00:46:10,520 Speaker 16: Yes, I am. 1033 00:46:10,880 --> 00:46:13,080 Speaker 23: This is I think it's my fourth trip up here 1034 00:46:13,120 --> 00:46:16,879 Speaker 23: since the election, and the relationship is growing. I had 1035 00:46:16,880 --> 00:46:19,120 Speaker 23: a chance to meet quite a few New Zealand companies 1036 00:46:19,160 --> 00:46:21,040 Speaker 23: that are doing work here. There's a huge amount of 1037 00:46:21,120 --> 00:46:24,800 Speaker 23: construction going on, but the government meetings that I'm having, 1038 00:46:25,080 --> 00:46:27,319 Speaker 23: they want to do a whole lot with us, and 1039 00:46:27,880 --> 00:46:31,080 Speaker 23: you know, it's just another footprint in the Middle East 1040 00:46:31,080 --> 00:46:33,840 Speaker 23: where Kiwi exporters, you know, can do well. 1041 00:46:34,000 --> 00:46:37,040 Speaker 2: From my observation, the Middle East in general seem like 1042 00:46:37,120 --> 00:46:40,080 Speaker 2: what you would call genuine free traders. So they're not. 1043 00:46:40,080 --> 00:46:41,840 Speaker 2: We're not tied up in a lot of paperwork and 1044 00:46:41,920 --> 00:46:44,560 Speaker 2: red tape and ideology. Is that fair or not? 1045 00:46:45,719 --> 00:46:48,120 Speaker 23: Yeah, that is right, And that's that's a change over 1046 00:46:48,160 --> 00:46:50,560 Speaker 23: the last ten years. I think when I've traineding this 1047 00:46:50,640 --> 00:46:52,600 Speaker 23: the last time, it was a pretty tough place for 1048 00:46:52,680 --> 00:46:56,320 Speaker 23: Kiwis to do business. Saudi, as an example, is quite 1049 00:46:56,360 --> 00:46:59,000 Speaker 23: open now. They are welcoming the world. They have people 1050 00:46:59,000 --> 00:47:01,799 Speaker 23: from everywhere there want, you know, want companies to come 1051 00:47:01,800 --> 00:47:04,640 Speaker 23: and set up. They see they just see themselves as 1052 00:47:04,800 --> 00:47:07,200 Speaker 23: you know, being quite open, and there's a real sense 1053 00:47:07,239 --> 00:47:10,279 Speaker 23: of vibrancy and energy here. It's almost as if you know, 1054 00:47:10,320 --> 00:47:12,879 Speaker 23: anything can happen and it's all good, all right. 1055 00:47:12,920 --> 00:47:16,680 Speaker 2: Next up Washington, what chance you get something tangible? 1056 00:47:17,960 --> 00:47:18,160 Speaker 16: Yeah. 1057 00:47:18,239 --> 00:47:20,359 Speaker 23: Look, I'm not going there to get the tariffrate off 1058 00:47:20,360 --> 00:47:21,320 Speaker 23: and that's not going to happen. 1059 00:47:21,320 --> 00:47:22,920 Speaker 16: So I want to be pretty clear. 1060 00:47:23,239 --> 00:47:25,840 Speaker 23: But what the President has done has said every single 1061 00:47:25,920 --> 00:47:29,080 Speaker 23: country that had a trade surplus last year against the 1062 00:47:29,160 --> 00:47:32,480 Speaker 23: US is fifteen percent or more. But what I'm going 1063 00:47:32,560 --> 00:47:35,040 Speaker 23: up to do is one express you know the harm 1064 00:47:35,080 --> 00:47:37,799 Speaker 23: that I think that's doing to trade. But then secondly, 1065 00:47:37,880 --> 00:47:42,120 Speaker 23: what's the process for us to have that tarifyrate come 1066 00:47:42,200 --> 00:47:45,400 Speaker 23: down if we move back to the US having a 1067 00:47:45,400 --> 00:47:48,440 Speaker 23: surplus of deficit, which actually most of the time our 1068 00:47:48,440 --> 00:47:50,520 Speaker 23: trade has been in the other direction and is generally 1069 00:47:50,560 --> 00:47:53,120 Speaker 23: going to buy planes, gives and stuff the government's likely 1070 00:47:53,200 --> 00:47:56,719 Speaker 23: to do. So what's the process from here. Secondly, we 1071 00:47:56,760 --> 00:47:59,680 Speaker 23: just need so much more certainty for our exporters. If 1072 00:47:59,719 --> 00:48:02,640 Speaker 23: it's going to keep changing, tell us that so that 1073 00:48:02,719 --> 00:48:04,839 Speaker 23: they can work out where the risk is and. 1074 00:48:04,760 --> 00:48:06,600 Speaker 16: What they're going to do. So we'll be up there. 1075 00:48:06,600 --> 00:48:09,160 Speaker 23: Look, it's going to be a robust conversation, but it's 1076 00:48:09,200 --> 00:48:11,320 Speaker 23: a very very important one for a sister to start 1077 00:48:11,400 --> 00:48:11,759 Speaker 23: doing that. 1078 00:48:11,920 --> 00:48:13,919 Speaker 2: So the bloke you deal with, this Jameson Grew guy, 1079 00:48:14,640 --> 00:48:17,120 Speaker 2: who is he and does he make any decisions? And 1080 00:48:17,160 --> 00:48:19,120 Speaker 2: how far short of the president is he? And I 1081 00:48:19,120 --> 00:48:21,440 Speaker 2: mean is he really a good contact point? 1082 00:48:22,239 --> 00:48:23,000 Speaker 16: Yeah, he's very good. 1083 00:48:23,080 --> 00:48:26,520 Speaker 23: So he's the United States trade representative, that's their trade 1084 00:48:27,239 --> 00:48:29,759 Speaker 23: their trade minister. I suppose you put it. He's the 1085 00:48:29,760 --> 00:48:32,719 Speaker 23: one that's doing most of the negotiation with China at 1086 00:48:32,760 --> 00:48:35,920 Speaker 23: the moment. The other part or part in this is 1087 00:48:35,960 --> 00:48:40,080 Speaker 23: their Commerce secretary, who also is involved with other parts 1088 00:48:40,080 --> 00:48:42,960 Speaker 23: of the world. But I think what's really really clear 1089 00:48:43,520 --> 00:48:46,200 Speaker 23: is that the final decision on what happens rests with 1090 00:48:46,320 --> 00:48:50,640 Speaker 23: President Trump. And in my conversation with jameson Greer, less 1091 00:48:50,640 --> 00:48:53,200 Speaker 23: than twenty four hours after you know, the President made 1092 00:48:53,200 --> 00:48:55,680 Speaker 23: the announcement of New Zealand other countries going up by 1093 00:48:55,719 --> 00:48:58,400 Speaker 23: that five percent, it was as simple as this. The 1094 00:48:58,480 --> 00:49:00,239 Speaker 23: President said, give me a list of all the to 1095 00:49:00,320 --> 00:49:02,799 Speaker 23: the surface about fifteen percent of more, and he put 1096 00:49:02,800 --> 00:49:05,560 Speaker 23: a ring around them. And so the decision, the final 1097 00:49:05,600 --> 00:49:07,040 Speaker 23: decision making, is in the White House. 1098 00:49:07,200 --> 00:49:09,880 Speaker 2: So from his point of view, Trump's point of view, 1099 00:49:10,360 --> 00:49:12,680 Speaker 2: you can understand his logic. Is that fair? I mean, 1100 00:49:12,719 --> 00:49:14,640 Speaker 2: we do have there is a surplus there, and he 1101 00:49:14,680 --> 00:49:15,400 Speaker 2: wants to balance that. 1102 00:49:15,440 --> 00:49:20,240 Speaker 23: Well, yeah, well, well you know our surplus is modest. 1103 00:49:20,239 --> 00:49:24,280 Speaker 23: It's five hundred million dollars. I mean, I was in 1104 00:49:24,280 --> 00:49:28,640 Speaker 23: Indonesia a week ago and there's a sixteen billion, right, 1105 00:49:28,680 --> 00:49:30,720 Speaker 23: and so they're sitting at nineteen percent. 1106 00:49:31,000 --> 00:49:33,799 Speaker 16: So I do get that he wants to balance that out. 1107 00:49:33,840 --> 00:49:36,520 Speaker 23: But if you think about New Zealand and the case 1108 00:49:36,560 --> 00:49:39,560 Speaker 23: that I will continue to make to them, US goods 1109 00:49:39,560 --> 00:49:41,120 Speaker 23: into New Zealand average. 1110 00:49:40,760 --> 00:49:43,440 Speaker 16: Face a zero point three percent teriff rate. 1111 00:49:43,520 --> 00:49:46,520 Speaker 23: We are an open economy, We respect the rules there 1112 00:49:46,560 --> 00:49:50,759 Speaker 23: is nothing stopping trade with the US, and so ultimately, 1113 00:49:51,040 --> 00:49:53,680 Speaker 23: you know, there's not that much we can do, although 1114 00:49:54,040 --> 00:49:55,799 Speaker 23: it will swing in the other direction. But I think 1115 00:49:55,840 --> 00:49:58,320 Speaker 23: the important thing, Mike is you know, the US is 1116 00:49:58,360 --> 00:50:01,400 Speaker 23: still an important market and we're still selling up there. 1117 00:50:02,120 --> 00:50:04,680 Speaker 23: As tariff rates go up, of course it becomes harder, 1118 00:50:05,040 --> 00:50:07,880 Speaker 23: but there is growing evidence that this is inflationary and 1119 00:50:07,920 --> 00:50:10,560 Speaker 23: the costs have been passed on in many cases to 1120 00:50:10,640 --> 00:50:12,600 Speaker 23: yours consumers. So I think there's a long way to 1121 00:50:12,640 --> 00:50:16,399 Speaker 23: go yet before you know exactly how this tariff new 1122 00:50:16,440 --> 00:50:18,799 Speaker 23: tariff raising and putting in place is going to work. 1123 00:50:18,920 --> 00:50:20,880 Speaker 2: What he seems to like as deals, why don't you 1124 00:50:20,880 --> 00:50:22,280 Speaker 2: buy a couple of planes or something. 1125 00:50:23,520 --> 00:50:26,320 Speaker 23: Yeah, well, we'll be talking about that certainly, But I 1126 00:50:26,320 --> 00:50:28,000 Speaker 23: don't know that we should rush out and do something 1127 00:50:28,040 --> 00:50:28,680 Speaker 23: just straight away. 1128 00:50:28,800 --> 00:50:30,879 Speaker 16: I mean, ultimately we're going to keep doing what we're doing. 1129 00:50:30,920 --> 00:50:33,759 Speaker 16: There'll be things that get brought from America and you know, 1130 00:50:33,840 --> 00:50:36,040 Speaker 16: things that will buy from them. But it is the 1131 00:50:36,080 --> 00:50:37,160 Speaker 16: start of that conversation. 1132 00:50:37,320 --> 00:50:39,279 Speaker 23: When I met James and Grea in Corea a couple 1133 00:50:39,320 --> 00:50:41,320 Speaker 23: of months ago, and I think it was a third 1134 00:50:41,360 --> 00:50:44,480 Speaker 23: time i'd had a conversation with him, He was very frank. 1135 00:50:44,520 --> 00:50:46,399 Speaker 16: He said, you are the good guys. We don't really 1136 00:50:46,480 --> 00:50:47,480 Speaker 16: have a problem with you. 1137 00:50:47,840 --> 00:50:50,240 Speaker 23: We're negotiating with all the other countries of the world 1138 00:50:50,360 --> 00:50:55,280 Speaker 23: that have big, big trade surpluses or very high terriff 1139 00:50:55,320 --> 00:50:57,799 Speaker 23: you're not that We should sit down and talk later 1140 00:50:57,880 --> 00:51:00,200 Speaker 23: in the year. As a result of the press at 1141 00:51:00,200 --> 00:51:03,280 Speaker 23: making this decision, let's move some of that conversation forward. 1142 00:51:03,400 --> 00:51:05,160 Speaker 23: So look, I'm not going I'm going to be clear 1143 00:51:05,200 --> 00:51:07,359 Speaker 23: again that the fifteen percent is not coming off. That's 1144 00:51:07,400 --> 00:51:11,200 Speaker 23: the new flow for anybody with our surplus. But we 1145 00:51:11,320 --> 00:51:13,479 Speaker 23: need to see the process forward and get them much 1146 00:51:13,520 --> 00:51:16,839 Speaker 23: more certainty for our exports because you know, in the end, 1147 00:51:16,880 --> 00:51:19,360 Speaker 23: if it happens again for any reason he decided to 1148 00:51:19,360 --> 00:51:21,640 Speaker 23: put it up against those countries, it really is going 1149 00:51:21,719 --> 00:51:22,360 Speaker 23: to start biting. 1150 00:51:22,480 --> 00:51:25,839 Speaker 2: All right, appreciate it, travel well, Tom McClay, Trade Minister, Mike, 1151 00:51:26,280 --> 00:51:28,520 Speaker 2: we always turn a negative into a positive. We're going 1152 00:51:28,600 --> 00:51:30,960 Speaker 2: to do renovations in our bathroom year thirteen. Son on 1153 00:51:30,960 --> 00:51:32,600 Speaker 2: a day off due to the teacher strike, will help 1154 00:51:32,600 --> 00:51:35,520 Speaker 2: strip out the bathroom today, helping rationalize our cost plus. 1155 00:51:35,520 --> 00:51:37,080 Speaker 2: He heads to his bank account for a tiger you 1156 00:51:37,120 --> 00:51:39,080 Speaker 2: need for next year. There you go that is not 1157 00:51:39,160 --> 00:51:43,000 Speaker 2: completely completely wasted eighteen to two The. 1158 00:51:43,080 --> 00:51:47,520 Speaker 1: Mike Asking Breakfast Full Show podcast on iHeartRadio powered by 1159 00:51:47,600 --> 00:51:48,120 Speaker 1: News Talks. 1160 00:51:48,120 --> 00:51:50,960 Speaker 2: It'd be Mike tom McClay is able to communicate his 1161 00:51:51,080 --> 00:51:53,640 Speaker 2: answers clearly and simply, and the interview I felt like 1162 00:51:53,680 --> 00:51:56,040 Speaker 2: I genuinely learned something. That's good. Mike tom mcclay's gone 1163 00:51:56,120 --> 00:51:58,240 Speaker 2: up in my estimation this term. He's got the goods, 1164 00:51:58,600 --> 00:52:02,160 Speaker 2: Tony I was all of them anyway, So if he's 1165 00:52:02,160 --> 00:52:04,319 Speaker 2: improved in your eyes, that's good. Our best story of 1166 00:52:04,360 --> 00:52:05,560 Speaker 2: the day, is it the best story of the day? 1167 00:52:05,560 --> 00:52:07,359 Speaker 2: I think it's pretty close. Are the balls the US 1168 00:52:07,400 --> 00:52:09,640 Speaker 2: opens on at the moment, the US Tennis Open Flushing Meadow, 1169 00:52:09,640 --> 00:52:12,040 Speaker 2: of course, the fame Flushing Meadow. Are the bulls are 1170 00:52:12,120 --> 00:52:17,480 Speaker 2: New Zealand. The wall for the bulls comes from New Zealand. 1171 00:52:17,520 --> 00:52:21,799 Speaker 2: Romney sheep crossbred Romney sheep. So they supply Woolworks as 1172 00:52:21,840 --> 00:52:24,520 Speaker 2: the company. They're the scar of biggest scar in the country. Woolworks. 1173 00:52:25,440 --> 00:52:29,280 Speaker 2: They supply a textile manufacturer in Thailand called Tti Sports 1174 00:52:30,239 --> 00:52:33,600 Speaker 2: who make the balls and there's going to be one 1175 00:52:33,640 --> 00:52:36,200 Speaker 2: hundred thousand Wilson balls at the US Open. So your 1176 00:52:36,239 --> 00:52:39,480 Speaker 2: crossbred wool, it's blended with a thread wrapped around a 1177 00:52:39,560 --> 00:52:43,360 Speaker 2: rubber corn. Microns of thirty two through thirty six are perfect. 1178 00:52:43,440 --> 00:52:45,879 Speaker 2: And we make a good romney, and the romney makes 1179 00:52:45,920 --> 00:52:48,040 Speaker 2: the good wall, and the wall goes to Thailand. And 1180 00:52:48,080 --> 00:52:50,920 Speaker 2: the next stopper is Flushing Meadow, New York, New Zealand. 1181 00:52:51,000 --> 00:52:52,399 Speaker 14: What do you have to feed the sheep to get 1182 00:52:52,440 --> 00:52:53,040 Speaker 14: them to go there? 1183 00:52:53,080 --> 00:52:59,280 Speaker 2: Color green or yellow? It's tricking. It's not bad. Ah. 1184 00:52:59,280 --> 00:53:01,080 Speaker 2: By the way, the other thing I noted this morning 1185 00:53:01,080 --> 00:53:04,480 Speaker 2: of that, do you remember? I feel like you know 1186 00:53:04,480 --> 00:53:07,359 Speaker 2: when you watch television programs. Everyone watches television programs even 1187 00:53:07,400 --> 00:53:10,000 Speaker 2: though they don't. And certainly it's not the case anymore. 1188 00:53:10,040 --> 00:53:12,200 Speaker 2: But I used to love Grand Designs. I thought Grand 1189 00:53:12,200 --> 00:53:14,160 Speaker 2: Design Kip McLeod's sort of a hero of mine. He's 1190 00:53:14,160 --> 00:53:16,960 Speaker 2: a very likable guy, done a lot of interesting things 1191 00:53:16,960 --> 00:53:19,200 Speaker 2: in the world of architecture and design and stuff like that. 1192 00:53:19,239 --> 00:53:24,640 Speaker 2: And Grand Designs is a fantastically successful program internationally. And 1193 00:53:24,920 --> 00:53:28,279 Speaker 2: dare I suggest, with no personal disrespect to the people 1194 00:53:28,280 --> 00:53:31,080 Speaker 2: who have been bold locally, but the spin offs have 1195 00:53:31,239 --> 00:53:34,120 Speaker 2: been a fairly poor shade of the original. It's a 1196 00:53:34,200 --> 00:53:37,520 Speaker 2: very good example of unless you can make the spinoff 1197 00:53:37,560 --> 00:53:41,200 Speaker 2: as good as the original, don't bother. And they tried 1198 00:53:41,239 --> 00:53:42,680 Speaker 2: here and it didn't work. I think they tried in 1199 00:53:42,680 --> 00:53:45,839 Speaker 2: Australia didn't work either. Anyway. The most famous story from 1200 00:53:45,840 --> 00:53:48,799 Speaker 2: Grand Designs was, of course that house in Devon, the 1201 00:53:48,920 --> 00:53:52,320 Speaker 2: kind of the castle in Devon. The guy Edward Short, 1202 00:53:52,520 --> 00:53:55,680 Speaker 2: remember him. He was a recorder, a music executive, and 1203 00:53:55,760 --> 00:53:59,400 Speaker 2: he built this thing and it looked the plan was amazing, 1204 00:54:00,040 --> 00:54:02,120 Speaker 2: and you looked at it and you thought, my god, 1205 00:54:02,160 --> 00:54:05,799 Speaker 2: if he ever pulls this off water house, except of 1206 00:54:05,800 --> 00:54:08,680 Speaker 2: course he didn't. And in the ensuing period he did 1207 00:54:08,760 --> 00:54:10,880 Speaker 2: what always happens. He goes over the budget. But he 1208 00:54:10,920 --> 00:54:12,600 Speaker 2: went over and over and over and over and over 1209 00:54:12,640 --> 00:54:14,520 Speaker 2: the budget. But he wouldn't listen, he wouldn't change. He 1210 00:54:14,640 --> 00:54:18,280 Speaker 2: was determined. He became a man obsessed. Unfortunately the missus 1211 00:54:18,400 --> 00:54:20,480 Speaker 2: wasn't overly obsessed with him, so she left, So the 1212 00:54:20,520 --> 00:54:24,479 Speaker 2: marriage fell apart. The banks started going, mate, you can't 1213 00:54:24,480 --> 00:54:27,400 Speaker 2: have any more money. And this thing's gone on for years. 1214 00:54:27,440 --> 00:54:29,160 Speaker 2: I think I think the original thing started back in 1215 00:54:29,160 --> 00:54:31,920 Speaker 2: twenty twelves. There's been well over a decade old, and 1216 00:54:31,960 --> 00:54:34,359 Speaker 2: he finally got it done. It kind of broke him 1217 00:54:34,760 --> 00:54:38,239 Speaker 2: and he had depression. And but the point of it is, 1218 00:54:38,880 --> 00:54:47,759 Speaker 2: and it's that fantastic interface between I don't know, obsession, humanity, art, dreaming, genius, madness, 1219 00:54:47,800 --> 00:54:51,440 Speaker 2: it's all in there. This house, to my eye, is 1220 00:54:51,600 --> 00:54:53,760 Speaker 2: absolutely spectacular. 1221 00:54:54,160 --> 00:54:55,919 Speaker 18: Well see, this is not the lesson that I think 1222 00:54:55,960 --> 00:54:59,960 Speaker 18: that Missus Husking Hawksby Mary to take from this. 1223 00:55:00,200 --> 00:55:03,520 Speaker 2: No, but the problem with it was is it owes 1224 00:55:03,600 --> 00:55:05,520 Speaker 2: him more than he's ever going to get back. He 1225 00:55:05,640 --> 00:55:08,600 Speaker 2: listed it for ten million pounds, so twenty one twenty 1226 00:55:08,600 --> 00:55:10,640 Speaker 2: two million New Zealand dollars, which in Devon is like 1227 00:55:10,680 --> 00:55:12,600 Speaker 2: you may as well ask for six trillion because no 1228 00:55:12,600 --> 00:55:15,160 Speaker 2: one's living in Devon for that money. It's sold overnight 1229 00:55:15,160 --> 00:55:17,759 Speaker 2: for five point twenty five. So he's lost or the 1230 00:55:17,800 --> 00:55:19,360 Speaker 2: bank at this point because they rang him up and 1231 00:55:19,400 --> 00:55:20,080 Speaker 2: said there's no more. 1232 00:55:20,080 --> 00:55:23,680 Speaker 14: And so he creates his dream house and then he 1233 00:55:23,840 --> 00:55:24,959 Speaker 14: just flogs it off. 1234 00:55:25,200 --> 00:55:29,800 Speaker 2: He has to because he owes money, and he's a 1235 00:55:29,840 --> 00:55:33,160 Speaker 2: broken man because of it. So the point is, but 1236 00:55:33,760 --> 00:55:37,800 Speaker 2: the point is he did something magnificent that will stand 1237 00:55:37,840 --> 00:55:40,879 Speaker 2: the test of time. He just doesn't own it. So 1238 00:55:41,120 --> 00:55:45,000 Speaker 2: if I was his psychiatrist, I'd say, see the good 1239 00:55:45,040 --> 00:55:49,560 Speaker 2: in that that you've contributed something tangible that others will 1240 00:55:49,680 --> 00:55:53,719 Speaker 2: enjoy for time immemorial. And that was you, and that 1241 00:55:53,920 --> 00:55:57,239 Speaker 2: is your contribution to the world. The fact you don't 1242 00:55:57,239 --> 00:56:00,359 Speaker 2: own it, don't be too down about it. The fact 1243 00:56:00,360 --> 00:56:02,560 Speaker 2: you still owe five million pounds to the bank, don't 1244 00:56:02,600 --> 00:56:05,160 Speaker 2: worry about that either. And can you pay for the 1245 00:56:05,200 --> 00:56:08,920 Speaker 2: session as you leave please? Nine minutes away from eight the. 1246 00:56:09,000 --> 00:56:13,440 Speaker 1: Main Hosking breakfast with rainthrowver news, Tog's dead bet away. 1247 00:56:13,200 --> 00:56:16,480 Speaker 2: From it got a scrap and Nelson councilor by law 1248 00:56:16,520 --> 00:56:19,400 Speaker 2: banning advertising flags. You know there's advertising flags outside shops. 1249 00:56:19,400 --> 00:56:21,480 Speaker 2: Coffee on Queen has been threatened with a five hundred 1250 00:56:21,480 --> 00:56:24,239 Speaker 2: dollars fine forced to remove the flag. It attracts an 1251 00:56:24,360 --> 00:56:26,720 Speaker 2: estimated two to three hundred dollars in foot traffic. Apparently. 1252 00:56:26,760 --> 00:56:29,319 Speaker 2: Matt Redwood is the co owner of the place in 1253 00:56:29,360 --> 00:56:31,640 Speaker 2: he's with us, Matt, Morning, morning, Mike. 1254 00:56:31,640 --> 00:56:32,239 Speaker 13: How are you today? 1255 00:56:32,320 --> 00:56:34,600 Speaker 2: Very well? Indeed is this new? This law is not new? 1256 00:56:34,640 --> 00:56:37,960 Speaker 13: I take it no, We've We've been in this business 1257 00:56:37,960 --> 00:56:40,799 Speaker 13: five years men, my wife and this law came into 1258 00:56:40,880 --> 00:56:42,920 Speaker 13: a figus. By law came in the sixth in November, 1259 00:56:43,520 --> 00:56:46,880 Speaker 13: and we never knew about it until about three weeks ago, 1260 00:56:46,960 --> 00:56:49,680 Speaker 13: just after the floods, the councilman came down and told 1261 00:56:49,719 --> 00:56:51,680 Speaker 13: us all the business we had to remove their flags. 1262 00:56:51,760 --> 00:56:53,920 Speaker 2: Are there lots of flags. 1263 00:56:54,320 --> 00:56:56,560 Speaker 13: On the main street of Richmond. I will probably count 1264 00:56:56,680 --> 00:57:00,719 Speaker 13: twenty down the main street, so it's quite affected businesses. 1265 00:57:01,239 --> 00:57:02,839 Speaker 2: Well, I was going to ask, do you know it's 1266 00:57:02,840 --> 00:57:04,360 Speaker 2: effective or you think it's effective? 1267 00:57:05,000 --> 00:57:07,759 Speaker 13: No, I definitely know it's effective because what you open 1268 00:57:07,840 --> 00:57:10,200 Speaker 13: so early in the morning's mike and people just tell 1269 00:57:10,280 --> 00:57:12,440 Speaker 13: me we know you're open because your flag's out, and 1270 00:57:12,480 --> 00:57:15,560 Speaker 13: of to other businesses down the street and they hidden 1271 00:57:15,640 --> 00:57:18,200 Speaker 13: buy kinder boxes and stuff and they put their flags 1272 00:57:18,200 --> 00:57:21,120 Speaker 13: out and people know where they are. Right, it's yeah, 1273 00:57:21,120 --> 00:57:23,400 Speaker 13: it's driving. Yeah, there's taking a lot of money out 1274 00:57:23,440 --> 00:57:23,920 Speaker 13: of our pocket. 1275 00:57:24,040 --> 00:57:26,240 Speaker 2: Do you do you have people complain about the flags. 1276 00:57:27,080 --> 00:57:28,800 Speaker 13: I've never had a first to complain at the flag, 1277 00:57:29,120 --> 00:57:30,440 Speaker 13: never ever, because they're once. 1278 00:57:30,720 --> 00:57:32,400 Speaker 2: They are a bit flappy on a windy day, aren't 1279 00:57:32,400 --> 00:57:34,920 Speaker 2: they. They can they swing around, they can hit you, can't. 1280 00:57:34,760 --> 00:57:37,720 Speaker 13: They Our foot path here which is two and a 1281 00:57:37,720 --> 00:57:41,520 Speaker 13: half meters wide, So yeah, so it's a very wide 1282 00:57:41,520 --> 00:57:44,200 Speaker 13: foot path. So between with my flag sits and where 1283 00:57:44,200 --> 00:57:48,120 Speaker 13: the shop is two meters gat so you're virtually walking 1284 00:57:48,120 --> 00:57:49,880 Speaker 13: in the car doors if you're walking tow the flag 1285 00:57:49,920 --> 00:57:51,000 Speaker 13: deput Well. 1286 00:57:50,880 --> 00:57:52,480 Speaker 2: When the person comes in from the council, what do 1287 00:57:52,600 --> 00:57:54,160 Speaker 2: they I mean, what do they call themselves? Are they 1288 00:57:54,240 --> 00:57:54,960 Speaker 2: the flag ticket? 1289 00:57:55,120 --> 00:57:55,160 Speaker 4: What? 1290 00:57:55,400 --> 00:57:57,040 Speaker 2: What are they called? I'm from the council. 1291 00:57:57,600 --> 00:57:59,280 Speaker 13: First of all, it was the parking warden who had 1292 00:57:59,280 --> 00:58:01,880 Speaker 13: to issue the first one, so he was the first protocol. 1293 00:58:01,960 --> 00:58:04,280 Speaker 13: And then we had a gentleman come down from the 1294 00:58:04,320 --> 00:58:08,640 Speaker 13: council who controls the bylaws, and him and me had 1295 00:58:08,760 --> 00:58:10,760 Speaker 13: caught a heated discussion about it, and I just said 1296 00:58:10,800 --> 00:58:13,240 Speaker 13: that this is cost of this money? How did this 1297 00:58:13,320 --> 00:58:15,640 Speaker 13: come about? And we didn't get confrontation on this. It 1298 00:58:15,720 --> 00:58:17,560 Speaker 13: was just like pushed through without nobody knowing. 1299 00:58:18,320 --> 00:58:19,440 Speaker 2: Did he buy a coffee? 1300 00:58:20,560 --> 00:58:21,120 Speaker 13: No he didn't. 1301 00:58:21,280 --> 00:58:23,520 Speaker 16: Not a pry I know, right. 1302 00:58:24,800 --> 00:58:27,920 Speaker 2: So what are you what are you going to do? Nothing? 1303 00:58:27,920 --> 00:58:31,560 Speaker 13: You can nothing off They've told us we can. We 1304 00:58:31,600 --> 00:58:33,960 Speaker 13: can go up there and reapply to this be looked 1305 00:58:34,000 --> 00:58:37,000 Speaker 13: at after six months because there's an election coming up 1306 00:58:37,840 --> 00:58:40,040 Speaker 13: and I'm kind of staying to the council you can 1307 00:58:40,040 --> 00:58:42,040 Speaker 13: look at this now like we should be able to 1308 00:58:42,040 --> 00:58:44,640 Speaker 13: get a change now, like not harping to sit around 1309 00:58:44,680 --> 00:58:46,680 Speaker 13: and go we can fix this, or we can come 1310 00:58:46,720 --> 00:58:49,120 Speaker 13: to compromise. They just don't want to do anything. 1311 00:58:49,360 --> 00:58:51,680 Speaker 2: Hey, what's what's a what's a long black? How much 1312 00:58:51,680 --> 00:58:52,240 Speaker 2: you're charging? 1313 00:58:53,400 --> 00:58:57,240 Speaker 13: We're four fifty? This is rich for Lord Auckland's. 1314 00:58:57,400 --> 00:58:59,600 Speaker 2: You've got two and a half meter wide footpaths and 1315 00:58:59,640 --> 00:59:03,919 Speaker 2: four fifty coffee. Yep, I don't know what I'm doing here, mate, listen, 1316 00:59:03,920 --> 00:59:05,560 Speaker 2: I wish you the best with it. Matt Redwood, co 1317 00:59:05,680 --> 00:59:06,760 Speaker 2: owner of Coffee on Queen. 1318 00:59:06,800 --> 00:59:09,040 Speaker 14: I think we're moving the show me for goodness. 1319 00:59:08,720 --> 00:59:10,840 Speaker 2: Sake, four dollars fifty and two and a half meter 1320 00:59:10,920 --> 00:59:12,080 Speaker 2: wide foot parts. 1321 00:59:11,920 --> 00:59:14,440 Speaker 14: As he tried sticking one in a cone with that 1322 00:59:14,480 --> 00:59:15,160 Speaker 14: bear way around it. 1323 00:59:17,440 --> 00:59:20,520 Speaker 2: SBS are offering three point nine nine percent mortgage money. 1324 00:59:21,080 --> 00:59:22,840 Speaker 2: First time buyer's got to be a first time buyer, 1325 00:59:23,720 --> 00:59:26,840 Speaker 2: But three point ninety nine you crack three, So I mean, 1326 00:59:26,880 --> 00:59:29,320 Speaker 2: I'm not that's not an ad. I'm just saying I'm 1327 00:59:29,320 --> 00:59:31,480 Speaker 2: interested in people getting into their first time and I'm 1328 00:59:31,520 --> 00:59:33,959 Speaker 2: not interested in people moaning about how expensive it Isn't 1329 00:59:33,960 --> 00:59:37,280 Speaker 2: it like there's an answer. Get three point nine nine 1330 00:59:37,280 --> 00:59:39,640 Speaker 2: from SBS, Go buy a house and Nelson go buy 1331 00:59:39,680 --> 00:59:41,560 Speaker 2: in Richmond. You've got two and a half meter wide 1332 00:59:41,600 --> 00:59:43,800 Speaker 2: foot pass, you got four dollar fifty coffee, you got 1333 00:59:43,840 --> 00:59:46,160 Speaker 2: three ninety nine mortgage money, you got a first home. 1334 00:59:47,000 --> 00:59:50,960 Speaker 2: Come on News and then we'll do Mark and Ginny 1335 00:59:51,200 --> 00:59:53,400 Speaker 2: and then we'll get to Steve across the Tasma that 1336 00:59:53,440 --> 00:59:56,040 Speaker 2: big round table they're having the elbow idea that we're 1337 00:59:56,040 --> 00:59:58,320 Speaker 2: going to fix Australia with a round table. That's under way. 1338 00:59:58,400 --> 01:00:01,360 Speaker 2: So we'll see how the see how meantime, As I 1339 01:00:01,360 --> 01:00:03,480 Speaker 2: say News, this next year of News Talk seven. 1340 01:00:03,560 --> 01:00:08,600 Speaker 26: Mazie setting me agenda and talking the big issues, the 1341 01:00:08,800 --> 01:00:13,560 Speaker 26: Mike Hosking Breakfast with a Vita, retirement, communities, Life your Way, 1342 01:00:13,680 --> 01:00:14,520 Speaker 26: News Talks head Be. 1343 01:00:27,400 --> 01:00:32,600 Speaker 2: We haven't done music like this for one Now, this 1344 01:00:32,720 --> 01:00:37,720 Speaker 2: is Ellison Goldfrapp. She is pop royalty. That's what it 1345 01:00:37,760 --> 01:00:39,680 Speaker 2: says in front of me. She's pop royalty. So that's 1346 01:00:39,800 --> 01:00:42,600 Speaker 2: that's good marketing from them, because you say that enough 1347 01:00:42,640 --> 01:00:44,800 Speaker 2: that it'll turn out to be true. Now, this is 1348 01:00:44,840 --> 01:00:49,840 Speaker 2: her second full length album and amongst the catchiest of 1349 01:00:49,920 --> 01:00:53,040 Speaker 2: her quarter century careers. So what I'm reading from that 1350 01:00:53,120 --> 01:00:55,640 Speaker 2: is she's been around for twenty five years and this 1351 01:00:55,680 --> 01:00:56,600 Speaker 2: is only your second album. 1352 01:00:56,680 --> 01:00:58,360 Speaker 18: So the question, no, no, you've mess read it, You've 1353 01:00:58,400 --> 01:01:00,720 Speaker 18: left out the word. But once again, Uklim, you've got 1354 01:01:00,720 --> 01:01:03,520 Speaker 18: perfect vision. Oh second solo. 1355 01:01:03,200 --> 01:01:06,280 Speaker 2: Album, No it doesn't say solo, it's is her second 1356 01:01:06,320 --> 01:01:07,240 Speaker 2: full length album. 1357 01:01:07,640 --> 01:01:10,800 Speaker 18: Well, I'm telling you it's a second solo album anyway, 1358 01:01:11,160 --> 01:01:13,360 Speaker 18: because she used to be at a band that was 1359 01:01:13,400 --> 01:01:14,320 Speaker 18: just called Goldfrap. 1360 01:01:14,520 --> 01:01:17,320 Speaker 2: That is correct. Her music is Goldfrap with Will Gregory. 1361 01:01:18,040 --> 01:01:19,840 Speaker 2: So I read that as well. Don't think I hadn't 1362 01:01:19,880 --> 01:01:26,680 Speaker 2: done the research on this monkly as you were anyway. 1363 01:01:26,760 --> 01:01:29,920 Speaker 2: So she's done the Goldfrap slash Gregory stuff plenty of 1364 01:01:29,960 --> 01:01:31,919 Speaker 2: albums in the twenty five year period, but only gone 1365 01:01:31,960 --> 01:01:32,640 Speaker 2: solo twice. 1366 01:01:32,920 --> 01:01:33,120 Speaker 12: Yeah. 1367 01:01:33,920 --> 01:01:35,600 Speaker 2: See we got there on the end, isn't it as well? 1368 01:01:35,800 --> 01:01:36,480 Speaker 12: We didn't and we did. 1369 01:01:36,600 --> 01:01:38,200 Speaker 14: The good thing was we didn't have to shout at. 1370 01:01:38,160 --> 01:01:42,240 Speaker 2: Each other's shot. Just been a huge argument in the studio, 1371 01:01:42,360 --> 01:01:46,680 Speaker 2: just a massive meltdown, like an unbelievable. 1372 01:01:46,080 --> 01:01:47,400 Speaker 14: We just point out you didn't shout. 1373 01:01:47,440 --> 01:01:49,720 Speaker 2: I didn't shout. No, you and I were just observer 1374 01:01:49,760 --> 01:01:52,680 Speaker 2: as to what really was. It was the WWE of 1375 01:01:53,320 --> 01:01:58,080 Speaker 2: radio producer slash Management Clusters. Thirty seven minutes and seventeen 1376 01:01:58,160 --> 01:02:02,120 Speaker 2: seconds ten tracks and Mark Mitchells will us along with 1377 01:02:02,160 --> 01:02:04,400 Speaker 2: Ginny Anderson. Morning to both of you. 1378 01:02:04,480 --> 01:02:04,960 Speaker 25: Good morning. 1379 01:02:06,280 --> 01:02:08,520 Speaker 22: You should you should trust your producers because they got 1380 01:02:08,600 --> 01:02:11,440 Speaker 22: JK on last week and I thought he was bloody outstanding. 1381 01:02:11,480 --> 01:02:13,600 Speaker 2: He was outstanding. He was very very good, indeed, and 1382 01:02:13,640 --> 01:02:16,000 Speaker 2: I do trust my producers. But the management, you know, 1383 01:02:16,040 --> 01:02:19,120 Speaker 2: I've got to adhere to the management because they're like, 1384 01:02:19,200 --> 01:02:23,400 Speaker 2: you know, higher up, what do you doing? You ever 1385 01:02:23,400 --> 01:02:25,160 Speaker 2: had a screaming match in your office? Ginny? 1386 01:02:26,800 --> 01:02:29,040 Speaker 16: No, Haven's actually no, when you were. 1387 01:02:28,920 --> 01:02:32,760 Speaker 2: A minister and under pressure and somebody came and press 1388 01:02:32,800 --> 01:02:35,160 Speaker 2: secretary came in with something stupid, do you ever yell 1389 01:02:35,200 --> 01:02:36,760 Speaker 2: at them or you have a sort of a bit of 1390 01:02:36,800 --> 01:02:37,440 Speaker 2: back and forward. 1391 01:02:38,560 --> 01:02:41,920 Speaker 27: No, No, it doesn't really help you get anywhere. I mean, 1392 01:02:41,920 --> 01:02:45,560 Speaker 27: I'd worked as an advisor in those situations before, and 1393 01:02:45,600 --> 01:02:47,840 Speaker 27: I've seen ministers do some of those things. When I 1394 01:02:47,920 --> 01:02:49,400 Speaker 27: was Beckham the day, who. 1395 01:02:49,360 --> 01:02:49,960 Speaker 14: Are the ministers? 1396 01:02:50,000 --> 01:02:53,840 Speaker 2: Who are the troublesome ministers in trouble? Give me it 1397 01:02:53,920 --> 01:02:55,439 Speaker 2: was you will get the one. 1398 01:02:55,560 --> 01:02:57,720 Speaker 27: You get a few do buns sometimes who just kind 1399 01:02:57,720 --> 01:03:00,320 Speaker 27: of win the presso's bag. You can and when you 1400 01:03:00,360 --> 01:03:02,840 Speaker 27: see that Heppen, you see that it never hacks the 1401 01:03:02,880 --> 01:03:04,680 Speaker 27: situation and resolves the problem. 1402 01:03:06,160 --> 01:03:08,000 Speaker 2: Did you use the term doombum? 1403 01:03:09,320 --> 01:03:09,520 Speaker 27: Yeah? 1404 01:03:09,520 --> 01:03:09,920 Speaker 4: I didn't do. 1405 01:03:10,440 --> 01:03:12,600 Speaker 2: What is that you do? 1406 01:03:12,840 --> 01:03:13,600 Speaker 27: Your bun? 1407 01:03:13,800 --> 01:03:15,080 Speaker 24: You know you have a ald t. 1408 01:03:14,880 --> 01:03:21,600 Speaker 27: T like at to say it, But actually, actually it's 1409 01:03:21,640 --> 01:03:23,880 Speaker 27: funny you mentioned the hat because there's something happening in 1410 01:03:23,920 --> 01:03:25,720 Speaker 27: the Hot tonight that I'll bet you want to know about. 1411 01:03:26,360 --> 01:03:29,320 Speaker 27: And it's a public meeting on pay equity down at 1412 01:03:29,360 --> 01:03:32,280 Speaker 27: the hat park Road's house at sexty p tonight. 1413 01:03:33,280 --> 01:03:34,479 Speaker 2: What's the hut park Road? 1414 01:03:35,280 --> 01:03:35,480 Speaker 4: Yeah? 1415 01:03:35,520 --> 01:03:38,120 Speaker 27: Hot park Roads is also jump a rama down there, 1416 01:03:38,160 --> 01:03:39,520 Speaker 27: but you probably wouldn't be interested. 1417 01:03:39,720 --> 01:03:41,760 Speaker 2: I would rather go to jump a rama than a 1418 01:03:41,800 --> 01:03:43,600 Speaker 2: meeting about. 1419 01:03:45,400 --> 01:03:47,600 Speaker 27: So J and Carmel will be down there. 1420 01:03:47,640 --> 01:03:49,480 Speaker 2: Oh no, anyone who was. 1421 01:03:52,400 --> 01:03:52,840 Speaker 3: Last time? 1422 01:03:53,920 --> 01:03:55,080 Speaker 27: Twenty five park Roads? 1423 01:03:56,120 --> 01:03:56,560 Speaker 3: Last time? 1424 01:03:56,680 --> 01:03:59,200 Speaker 22: Last time Labor held a meeting and christ Buship's elector, 1425 01:03:59,320 --> 01:04:01,240 Speaker 22: I think half doesn't people to up. 1426 01:04:01,200 --> 01:04:06,320 Speaker 2: To goodness and Carmel Sepaloni at a meeting in the. 1427 01:04:06,320 --> 01:04:09,960 Speaker 24: Hut on equity women's. 1428 01:04:09,360 --> 01:04:16,240 Speaker 2: Ony gees talk about exciting to come. Do you Mark? 1429 01:04:16,320 --> 01:04:18,280 Speaker 2: I mean you wouldn't lose because you're an affable sort 1430 01:04:18,280 --> 01:04:20,240 Speaker 2: of likable kind of guy. But but but I mean, 1431 01:04:20,320 --> 01:04:21,800 Speaker 2: does it. But there must have been You must have 1432 01:04:21,800 --> 01:04:24,160 Speaker 2: seen the screaming and the bee hive, mustn't you. There 1433 01:04:24,200 --> 01:04:25,919 Speaker 2: must be, you know, someone losing the rag. 1434 01:04:27,240 --> 01:04:29,320 Speaker 3: Only in the house. You see it happened in the house. 1435 01:04:29,360 --> 01:04:33,560 Speaker 3: I haven't seen it happen in officers of Look, you. 1436 01:04:33,480 --> 01:04:35,720 Speaker 22: Know, I'm very proud of my team, and we operate 1437 01:04:35,760 --> 01:04:37,440 Speaker 22: as a team and if the pressures on, we all 1438 01:04:37,480 --> 01:04:41,280 Speaker 22: absorb it together. And you know, I feel very fortunate, 1439 01:04:41,440 --> 01:04:42,800 Speaker 22: very lucky to have the team that I've got. 1440 01:04:42,960 --> 01:04:45,320 Speaker 2: Good on you. That was about as diplomatic as you 1441 01:04:45,400 --> 01:04:50,160 Speaker 2: possibly get. You should actually replace Mallard on that broad subject, Jenny. 1442 01:04:50,320 --> 01:04:52,000 Speaker 3: Well, it do come from an Irish background. 1443 01:04:52,160 --> 01:04:54,120 Speaker 2: There you go, on that broad subject. 1444 01:04:54,160 --> 01:04:55,640 Speaker 27: I've got something we've got in common. 1445 01:04:56,280 --> 01:04:59,560 Speaker 2: Well, there you go. Now do you think that I mean, 1446 01:04:59,640 --> 01:05:02,600 Speaker 2: was Peter right yesterday? Jenny? I mean, should diplomats be 1447 01:05:02,800 --> 01:05:05,160 Speaker 2: actual diplomats as opposed to political appointment? 1448 01:05:06,360 --> 01:05:08,640 Speaker 27: Well, it's a bit tricky when they're kind of in 1449 01:05:08,680 --> 01:05:11,440 Speaker 27: those positions. And I'm still not quite clear as to 1450 01:05:11,720 --> 01:05:16,680 Speaker 27: why his time was terminated, because it's like, but why 1451 01:05:16,760 --> 01:05:20,200 Speaker 27: now he's been the Minister for ages and he maybe. 1452 01:05:20,000 --> 01:05:21,680 Speaker 2: He's looking for the replacement. It's a good point. I 1453 01:05:21,720 --> 01:05:24,080 Speaker 2: raised it earlier, didn't do it day one? 1454 01:05:24,560 --> 01:05:26,640 Speaker 27: Yeah, what does he do this now? And he seems 1455 01:05:26,680 --> 01:05:30,200 Speaker 27: to be no either real driver or reason as to 1456 01:05:30,280 --> 01:05:30,720 Speaker 27: way to that. 1457 01:05:30,960 --> 01:05:32,600 Speaker 2: I know what it is. Do you know what it is? 1458 01:05:32,640 --> 01:05:34,680 Speaker 2: Because he wants to take the heat off and from 1459 01:05:34,720 --> 01:05:36,600 Speaker 2: the very broken contract payment. 1460 01:05:37,520 --> 01:05:40,040 Speaker 27: It's a good point. Or the fact that there was 1461 01:05:40,120 --> 01:05:42,439 Speaker 27: these COVID issues and there's some voter base in their 1462 01:05:42,440 --> 01:05:43,840 Speaker 27: foot could be there. 1463 01:05:44,280 --> 01:05:44,960 Speaker 2: He could have gone too. 1464 01:05:45,800 --> 01:05:49,360 Speaker 3: Did he try? Did he try tristpausing? What's from parliament grounds? 1465 01:05:49,440 --> 01:05:49,600 Speaker 17: Yes? 1466 01:05:49,760 --> 01:05:52,360 Speaker 3: The stage question coming out? 1467 01:05:52,480 --> 01:05:56,200 Speaker 22: So, I mean it's a crime if you're playing Verry 1468 01:05:56,240 --> 01:05:57,760 Speaker 22: Menilow loud. 1469 01:05:57,560 --> 01:06:00,400 Speaker 2: That is true. It's very Menilo is almost as bad 1470 01:06:00,400 --> 01:06:02,840 Speaker 2: as a pay equity meeting in the hut with Carmel Cepalani. 1471 01:06:07,000 --> 01:06:09,680 Speaker 27: We could place in Berry Mentialo at the pay equity 1472 01:06:09,720 --> 01:06:10,680 Speaker 27: meeting and you can. 1473 01:06:11,760 --> 01:06:13,440 Speaker 2: Makes So what do you think do you have a 1474 01:06:13,520 --> 01:06:16,000 Speaker 2: view mark diplomatic it should diplomat to be diplomats or 1475 01:06:16,000 --> 01:06:17,640 Speaker 2: is there room for political appointment? 1476 01:06:18,680 --> 01:06:18,880 Speaker 16: Well? 1477 01:06:18,960 --> 01:06:22,080 Speaker 3: I think there's my viewers. It depends on the individual. 1478 01:06:22,120 --> 01:06:24,720 Speaker 22: But you know, we do have our infats world class 1479 01:06:24,880 --> 01:06:27,360 Speaker 22: and that's what they do. Strive and a posting a 1480 01:06:27,400 --> 01:06:30,600 Speaker 22: lot that is the ultimate sort of career pathway for them, 1481 01:06:30,600 --> 01:06:32,400 Speaker 22: and I think Winston recognizes that. 1482 01:06:32,560 --> 01:06:35,600 Speaker 2: Yeah. Pre break more Moment Jennny Anderson, Mark Mitchell, thirteen past. 1483 01:06:36,240 --> 01:06:40,560 Speaker 1: The Make Hosking Breakfast Full Show podcast on iHeart Radio 1484 01:06:41,120 --> 01:06:46,560 Speaker 1: News Talks. 1485 01:06:44,200 --> 01:06:47,480 Speaker 2: Sixteen past eight Junny Anderson, Mark Mitchell, Mark hand on Heart. 1486 01:06:47,800 --> 01:06:50,560 Speaker 2: Would you, if you were called to a COVID inquiry, 1487 01:06:50,600 --> 01:06:52,840 Speaker 2: having been the government of the day during a COVID period, 1488 01:06:52,840 --> 01:06:53,720 Speaker 2: front up publicly? 1489 01:06:54,520 --> 01:06:55,320 Speaker 3: Yes? I would. 1490 01:06:55,400 --> 01:06:57,480 Speaker 22: And I feel very strongly about this because we are 1491 01:06:57,480 --> 01:06:59,959 Speaker 22: public servants. We're there to serve the public we're voted 1492 01:07:00,040 --> 01:07:02,400 Speaker 22: didn't buy them, and a big part of that is 1493 01:07:02,440 --> 01:07:05,400 Speaker 22: fronting up. And sometimes, look, you know, I know myself, 1494 01:07:05,440 --> 01:07:08,080 Speaker 22: I don't like being I don't feel I'm very good 1495 01:07:08,120 --> 01:07:10,800 Speaker 22: at media, but I front up to every media request that. 1496 01:07:10,840 --> 01:07:13,120 Speaker 3: I get because actually that is our job. 1497 01:07:13,320 --> 01:07:16,440 Speaker 22: And and so I feel very strongly that yes, they 1498 01:07:16,440 --> 01:07:19,000 Speaker 22: should be fronting up to a public inquiry. 1499 01:07:19,040 --> 01:07:19,600 Speaker 3: Absolutely. 1500 01:07:19,720 --> 01:07:22,200 Speaker 2: Problem, Jinny, is that the poll came out posts the 1501 01:07:22,200 --> 01:07:25,080 Speaker 2: decision by those four in the party that most New 1502 01:07:25,160 --> 01:07:27,360 Speaker 2: Zealanders don't see it as a right decision. Would you? 1503 01:07:27,520 --> 01:07:29,360 Speaker 2: I mean, you know, I don't I don't know what 1504 01:07:29,520 --> 01:07:31,960 Speaker 2: thought process went into this because it looks bad. It's 1505 01:07:32,560 --> 01:07:34,520 Speaker 2: it's irrefutably looks bad. 1506 01:07:36,320 --> 01:07:39,160 Speaker 27: So all other Royal Commissions of inquiry. 1507 01:07:38,720 --> 01:07:41,360 Speaker 2: I've heard that line get evident, but this is different. 1508 01:07:42,520 --> 01:07:46,120 Speaker 2: It was different. COVID was a life changing, country changing, 1509 01:07:46,560 --> 01:07:47,480 Speaker 2: his changing. 1510 01:07:47,520 --> 01:07:51,360 Speaker 3: All the prime ministers in the UK front. 1511 01:07:51,440 --> 01:07:53,760 Speaker 2: You're just running the same old line. I've heard the line. 1512 01:07:54,040 --> 01:07:58,200 Speaker 27: Truth, that's what happened. There's been no other inquiry so people, 1513 01:07:58,600 --> 01:08:02,280 Speaker 27: and each of those people did give, you know, three 1514 01:08:02,360 --> 01:08:05,880 Speaker 27: to four hours of evidence which is then put into 1515 01:08:05,880 --> 01:08:08,320 Speaker 27: the into the report. So they have given. 1516 01:08:08,160 --> 01:08:11,160 Speaker 3: But you don't get it. You don't get it. That's 1517 01:08:11,200 --> 01:08:13,760 Speaker 3: not public We have front. 1518 01:08:14,120 --> 01:08:16,880 Speaker 27: Remember is you know, I do hear the concern. But 1519 01:08:16,920 --> 01:08:20,720 Speaker 27: the most important thing to remember is all those in 1520 01:08:20,840 --> 01:08:23,640 Speaker 27: National voted for the COVID payment, all National voter and 1521 01:08:23,720 --> 01:08:25,639 Speaker 27: ask for more moning. 1522 01:08:25,720 --> 01:08:27,520 Speaker 3: What relevance is that. 1523 01:08:27,760 --> 01:08:30,800 Speaker 27: Because we're here at the moment, this revisionist history about 1524 01:08:30,800 --> 01:08:31,439 Speaker 27: what happened. 1525 01:08:32,320 --> 01:08:36,720 Speaker 2: Public inquiries for Jenny, Yeah, I mean, it's just I 1526 01:08:36,840 --> 01:08:39,519 Speaker 2: find it hard to believe. Does it sit comfortably with 1527 01:08:39,560 --> 01:08:40,280 Speaker 2: you personally? 1528 01:08:42,479 --> 01:08:44,960 Speaker 27: I think that that what I've seen is the first 1529 01:08:44,960 --> 01:08:47,160 Speaker 27: trial was great. The first run throw in terms of 1530 01:08:47,200 --> 01:08:50,120 Speaker 27: the review, and the second one seems to be overly 1531 01:08:50,160 --> 01:08:53,240 Speaker 27: loaded and it seems to be you know, why was 1532 01:08:53,240 --> 01:08:55,880 Speaker 27: Winston Peters in New Zealand first excluded from the round 1533 01:08:55,960 --> 01:08:56,360 Speaker 27: two of them? 1534 01:08:56,400 --> 01:08:58,479 Speaker 2: That's actually not a bad point. I'll come back to 1535 01:08:58,520 --> 01:08:59,840 Speaker 2: that in the moment. Mark if youve got an answer, 1536 01:08:59,840 --> 01:09:02,320 Speaker 2: but come back to that. I mean, in all honesty, 1537 01:09:02,400 --> 01:09:04,600 Speaker 2: if you believe, if you believe what you believe, and 1538 01:09:04,640 --> 01:09:06,679 Speaker 2: you believe you did the right thing, to be seen 1539 01:09:06,800 --> 01:09:09,720 Speaker 2: to be doing the right thing is the least you 1540 01:09:09,760 --> 01:09:12,080 Speaker 2: can expect of a publicly elected official, wasn't it. 1541 01:09:13,280 --> 01:09:15,439 Speaker 27: I think what they did is they fronted and gave 1542 01:09:15,520 --> 01:09:17,559 Speaker 27: hours of evidence that gave them. 1543 01:09:17,560 --> 01:09:21,000 Speaker 2: They gave evidence, but they didn't from behind closed doors. 1544 01:09:21,400 --> 01:09:21,800 Speaker 27: You want to. 1545 01:09:23,479 --> 01:09:25,559 Speaker 3: Why you're going to go out. 1546 01:09:25,479 --> 01:09:28,040 Speaker 22: Next year and you're going to ask the public our 1547 01:09:28,080 --> 01:09:31,920 Speaker 22: communities to vote and support you. Their expectation is that 1548 01:09:32,000 --> 01:09:34,360 Speaker 22: you advance your interests and that you front up, and 1549 01:09:34,400 --> 01:09:37,120 Speaker 22: that you front up publicly. It's the worst to me, 1550 01:09:37,200 --> 01:09:40,400 Speaker 22: it's the worst betrayal because you know, the whole country 1551 01:09:40,439 --> 01:09:42,880 Speaker 22: went through a lot of suffering through COVID, whether that 1552 01:09:42,960 --> 01:09:45,280 Speaker 22: was good, bad, and different decisions that were made front 1553 01:09:45,360 --> 01:09:48,200 Speaker 22: up and fight your corner and explain to the country why. 1554 01:09:48,040 --> 01:09:49,120 Speaker 3: You did what you did. 1555 01:09:49,200 --> 01:09:51,760 Speaker 22: Can I'm not doing that. It looks it looks like 1556 01:09:51,760 --> 01:09:52,200 Speaker 22: you're hiding. 1557 01:09:52,840 --> 01:09:55,080 Speaker 27: It's a bit rich for National to attack the COVID 1558 01:09:55,120 --> 01:09:56,840 Speaker 27: response when they backed it at the time. 1559 01:09:57,000 --> 01:09:59,400 Speaker 2: Well, I'm attacking it. I'm attacking it as a New 1560 01:09:59,479 --> 01:10:04,040 Speaker 2: Zealand who wants to see somebody publicly held to account. 1561 01:10:04,520 --> 01:10:07,680 Speaker 2: And that's Hipkins, and it's Robinson and it's most certainly 1562 01:10:07,760 --> 01:10:08,160 Speaker 2: a Doern. 1563 01:10:09,439 --> 01:10:11,720 Speaker 3: Well, let me give you an example, Jinny, of what 1564 01:10:11,760 --> 01:10:12,439 Speaker 3: happened during. 1565 01:10:12,280 --> 01:10:13,600 Speaker 27: The Give me an example. 1566 01:10:13,840 --> 01:10:16,760 Speaker 22: As an Auckland MP, I had Chris Hipkins contact me 1567 01:10:16,840 --> 01:10:18,800 Speaker 22: directly and say will you support me on a matter 1568 01:10:19,560 --> 01:10:20,400 Speaker 22: because it's important. 1569 01:10:20,439 --> 01:10:22,800 Speaker 3: This was during the lockdowns. And I said, yes, I. 1570 01:10:22,720 --> 01:10:25,160 Speaker 22: Will support you as on that because it's important at 1571 01:10:25,160 --> 01:10:27,559 Speaker 22: the moment that we do try and be bipartisan and 1572 01:10:27,560 --> 01:10:29,760 Speaker 22: try and work together on this. We're facing a fairly 1573 01:10:29,800 --> 01:10:32,719 Speaker 22: serious situation. Three weeks later, when I had a mother, 1574 01:10:33,000 --> 01:10:36,080 Speaker 22: when I had a daughter trapped in MiQ, that we 1575 01:10:36,080 --> 01:10:38,280 Speaker 22: could have got out that the hospital said they'd support 1576 01:10:38,280 --> 01:10:42,840 Speaker 22: her visit to see her dying mother ghosted nothing, no response. 1577 01:10:43,400 --> 01:10:47,000 Speaker 22: That is completely totally unacceptable, and that is the sort 1578 01:10:47,040 --> 01:10:49,280 Speaker 22: of stuff that you should be fronting up and explaining 1579 01:10:49,320 --> 01:10:50,519 Speaker 22: to kiwis I hear that. 1580 01:10:50,479 --> 01:10:53,439 Speaker 27: Concern, mar I get it. And the important thing to 1581 01:10:53,520 --> 01:10:56,599 Speaker 27: remember is that we need to learn how to do 1582 01:10:56,640 --> 01:10:58,760 Speaker 27: things better in the future. And I don't think that 1583 01:10:58,760 --> 01:11:00,920 Speaker 27: that's that what the inquiry was was trying to do 1584 01:11:00,960 --> 01:11:03,479 Speaker 27: things better in the future. It was about a political 1585 01:11:03,479 --> 01:11:08,479 Speaker 27: point scoring effort. And that's why round two and excluded 1586 01:11:08,479 --> 01:11:09,320 Speaker 27: New Zealand first. 1587 01:11:09,360 --> 01:11:11,479 Speaker 22: And that don't you guys, don't you guys forget for 1588 01:11:11,560 --> 01:11:14,320 Speaker 22: one second that the human costs and the harm that 1589 01:11:14,439 --> 01:11:17,840 Speaker 22: was that was caused when a daughter absolutely to her 1590 01:11:17,920 --> 01:11:18,559 Speaker 22: dying mothers. 1591 01:11:19,840 --> 01:11:22,360 Speaker 27: At the same time, I'm grateful that I have my 1592 01:11:22,479 --> 01:11:25,200 Speaker 27: parents and we have grandparents here and that we work 1593 01:11:25,280 --> 01:11:28,280 Speaker 27: to save lives and save jobs. That's the case of 1594 01:11:28,320 --> 01:11:30,559 Speaker 27: what we did, and that's why your party going for 1595 01:11:30,800 --> 01:11:31,439 Speaker 27: That's why your. 1596 01:11:31,360 --> 01:11:33,920 Speaker 3: Party that's the case step up publicly in a. 1597 01:11:33,920 --> 01:11:36,160 Speaker 2: Quick question mark the exclusion of Winston Peter is not 1598 01:11:36,160 --> 01:11:41,040 Speaker 2: a bad point. How come he's excluded excluded from from 1599 01:11:41,080 --> 01:11:44,080 Speaker 2: the from this particular round of the commission. He's not 1600 01:11:44,120 --> 01:11:46,840 Speaker 2: been called I don't know, good question. 1601 01:11:46,960 --> 01:11:49,000 Speaker 3: That's that's Christian for the commission. 1602 01:11:48,600 --> 01:11:50,880 Speaker 2: We need we need to get an answer on that down' we. 1603 01:11:52,360 --> 01:11:52,559 Speaker 13: Yeah. 1604 01:11:52,840 --> 01:11:54,479 Speaker 3: I mean the best one to answer that is Winston. 1605 01:11:55,320 --> 01:11:57,800 Speaker 22: I'm not sure the government I've got they've got the 1606 01:11:57,920 --> 01:11:58,559 Speaker 22: terms of reference. 1607 01:11:58,600 --> 01:12:00,519 Speaker 3: I don't know. I don't speak for Winston. 1608 01:12:01,120 --> 01:12:04,000 Speaker 2: Winston's very well, we'll get an answer from Winston. Quick question, 1609 01:12:04,360 --> 01:12:07,599 Speaker 2: Jinny on Denton's who you guys are employing to help 1610 01:12:07,600 --> 01:12:08,240 Speaker 2: Hepkins and co? 1611 01:12:08,400 --> 01:12:08,640 Speaker 16: Do this? 1612 01:12:08,920 --> 01:12:10,040 Speaker 2: Do they write the answers? 1613 01:12:11,240 --> 01:12:12,920 Speaker 27: I don't have an answer that I do not know. 1614 01:12:13,040 --> 01:12:14,960 Speaker 2: Could you find out? Because would to worry if lawyers 1615 01:12:15,000 --> 01:12:16,400 Speaker 2: wrote the answers? And would that. 1616 01:12:16,640 --> 01:12:21,080 Speaker 27: Seriously, I seriously doubt that lawyers would be writing the answers. 1617 01:12:21,120 --> 01:12:23,519 Speaker 27: They might provide advice, but I don't think they would 1618 01:12:23,520 --> 01:12:25,840 Speaker 27: be providing the answers on behalf of people who were 1619 01:12:25,960 --> 01:12:26,839 Speaker 27: giving that evidence. 1620 01:12:26,960 --> 01:12:28,320 Speaker 2: And then you can ask the question, why do you 1621 01:12:28,320 --> 01:12:28,920 Speaker 2: need lawyers? 1622 01:12:31,160 --> 01:12:32,920 Speaker 27: That's a good question. I think it's because you've got 1623 01:12:32,920 --> 01:12:34,519 Speaker 27: a real Christian inquiry, and that's the. 1624 01:12:34,520 --> 01:12:36,320 Speaker 3: Usual there's a big question and. 1625 01:12:36,280 --> 01:12:38,679 Speaker 27: A Royal Commission of Inquiry. I think that's the usual 1626 01:12:38,720 --> 01:12:42,160 Speaker 27: case of what occurves that each group representing his legal representing. 1627 01:12:41,840 --> 01:12:42,559 Speaker 2: We've got a motivate. 1628 01:12:43,680 --> 01:12:45,320 Speaker 3: Like I just say on the Winston thing is that 1629 01:12:45,360 --> 01:12:46,800 Speaker 3: he wasn't in government at the time. 1630 01:12:47,120 --> 01:12:49,960 Speaker 2: It's a pretty sort of will he saw was because 1631 01:12:50,000 --> 01:12:54,240 Speaker 2: he was distinctly remember, I distinctly remember in the coalition 1632 01:12:54,280 --> 01:12:56,040 Speaker 2: of seventeen through twenty he was the one who said, 1633 01:12:56,040 --> 01:12:59,080 Speaker 2: if your overseas, get home now. So he was. He 1634 01:12:59,200 --> 01:13:01,320 Speaker 2: was part of the early days of COVID. But it's 1635 01:13:01,320 --> 01:13:04,240 Speaker 2: well worth looking into. Mark appreciate it. Ginny appreciated as well. 1636 01:13:04,280 --> 01:13:06,439 Speaker 2: And if you're at that meeting, Ginny, have the best time. 1637 01:13:06,479 --> 01:13:08,479 Speaker 2: And if it gets really boring, head straight to jump 1638 01:13:08,479 --> 01:13:11,679 Speaker 2: a ramor and just relieve the stress. It's eight twenty two. 1639 01:13:12,200 --> 01:13:15,880 Speaker 1: Film the Mike Hosking Breakfast with Bailey's Real Estate news 1640 01:13:15,920 --> 01:13:16,479 Speaker 1: tog ZB. 1641 01:13:17,000 --> 01:13:18,800 Speaker 2: Here's an advance for you if you're planning a trip 1642 01:13:19,120 --> 01:13:22,400 Speaker 2: or business or leisure whatever. Avers as in the cars, 1643 01:13:22,400 --> 01:13:24,679 Speaker 2: they've just made that rental experience a whole lot easier. 1644 01:13:24,680 --> 01:13:27,240 Speaker 2: So what they've launched is straight two car pickups. This 1645 01:13:27,280 --> 01:13:30,040 Speaker 2: is a first for New Zealand's rental car industry. It's 1646 01:13:30,040 --> 01:13:32,040 Speaker 2: a contactless way to pick up your rental. How good 1647 01:13:32,080 --> 01:13:34,600 Speaker 2: is this? No ques, no counters, no paperwork. All you 1648 01:13:34,680 --> 01:13:37,120 Speaker 2: do is land walk straight to your car, unlock it 1649 01:13:37,240 --> 01:13:40,200 Speaker 2: using the AVERS app and you're gone. So the new 1650 01:13:40,240 --> 01:13:43,800 Speaker 2: service available exclusively to AVERS Preferred members local and international. 1651 01:13:43,840 --> 01:13:45,280 Speaker 2: And the best part is the AVERS App and the 1652 01:13:45,320 --> 01:13:48,400 Speaker 2: AVERS Preferred membership that's free, free to join. So it 1653 01:13:48,520 --> 01:13:51,320 Speaker 2: selected Avis locations across the country straight to car pickups. 1654 01:13:51,360 --> 01:13:53,360 Speaker 2: They save you time, they take the stress out of 1655 01:13:53,360 --> 01:13:56,000 Speaker 2: the arrival. So you download the AVERS rental app today 1656 01:13:56,200 --> 01:13:59,200 Speaker 2: or head to avistot co dot nz slash preferred Avis 1657 01:13:59,280 --> 01:14:03,040 Speaker 2: dot co do in z slash preferred to get started 1658 01:14:03,080 --> 01:14:06,080 Speaker 2: conditions to play. Avis's innovation is moving you forward with smooth, 1659 01:14:06,360 --> 01:14:13,120 Speaker 2: faster rentals. Can't beat it. Posking a twenty six Mike 1660 01:14:13,160 --> 01:14:15,439 Speaker 2: no mention of Sir Brian Roach's eight hundred thousand dollars 1661 01:14:15,479 --> 01:14:18,479 Speaker 2: for eight months and he criticized teachers and the government 1662 01:14:18,520 --> 01:14:20,600 Speaker 2: gets Look, Brian, I'm over this. You sound like that 1663 01:14:20,640 --> 01:14:24,160 Speaker 2: Benedict Bloke on TV one News last night. It's a pathetic. 1664 01:14:25,040 --> 01:14:27,840 Speaker 2: The simple truth of life is some jobs are worth 1665 01:14:27,960 --> 01:14:30,840 Speaker 2: more than others. Right, we all know that. I thought 1666 01:14:30,880 --> 01:14:34,360 Speaker 2: we accepted that that guy Brian Roche is leading a 1667 01:14:34,560 --> 01:14:38,160 Speaker 2: major organization a teacher isn't leading anything. A teacher as 1668 01:14:38,160 --> 01:14:40,479 Speaker 2: a teacher, a cleaner is a cleaner, a driver as 1669 01:14:40,479 --> 01:14:43,920 Speaker 2: a driver, A lawyers a lawyer, everything's worth different value. 1670 01:14:43,920 --> 01:14:46,320 Speaker 2: By saying look at that person over there, they earn 1671 01:14:46,400 --> 01:14:48,400 Speaker 2: more than I do. It's not fair. And he's a 1672 01:14:48,400 --> 01:14:50,720 Speaker 2: big mean I mean, I thought we were way more 1673 01:14:50,800 --> 01:14:54,960 Speaker 2: sophisticated than that in twenty twenty five. But Benedict and 1674 01:14:55,040 --> 01:14:57,879 Speaker 2: you would prove me wrong. News in a couple of moments, 1675 01:14:58,800 --> 01:15:00,800 Speaker 2: and then we will go to the round Table in 1676 01:15:00,840 --> 01:15:03,040 Speaker 2: Australia and talk with Stephen Price. 1677 01:15:07,120 --> 01:15:10,120 Speaker 1: The Breakfast Show, Kiwi's Trust to Stay in the Know, 1678 01:15:10,600 --> 01:15:15,040 Speaker 1: the mic hosting Breakfast with Raindrover, Leading by Example, News 1679 01:15:15,040 --> 01:15:15,599 Speaker 1: Togs dadb. 1680 01:15:16,120 --> 01:15:18,719 Speaker 2: Here's an interesting thing. You remember the Canadian election, Karne 1681 01:15:18,720 --> 01:15:21,479 Speaker 2: wins it came from nowhere, replaced Trudeau and the guy 1682 01:15:21,560 --> 01:15:24,479 Speaker 2: poll Appier Polliev. It was so embarrassing or humiliating for 1683 01:15:24,520 --> 01:15:27,439 Speaker 2: the Conservatives even he lost his seat. While they've had 1684 01:15:27,439 --> 01:15:30,920 Speaker 2: a by election. He's now back. So the by election 1685 01:15:31,040 --> 01:15:33,040 Speaker 2: was in Alberta. Now does he come from Alberta, No, 1686 01:15:33,120 --> 01:15:37,120 Speaker 2: he doesn't, so he went to he basically they parachuted 1687 01:15:37,200 --> 01:15:38,880 Speaker 2: him into the seat into the by election it's a 1688 01:15:38,920 --> 01:15:42,360 Speaker 2: heavily conservative area and they still haven't filled. It's called 1689 01:15:42,400 --> 01:15:46,080 Speaker 2: Battle River Crowfoot. How Canadians that the riding? It's not 1690 01:15:46,120 --> 01:15:49,759 Speaker 2: a seat, it's the riding of Battle River Crowfoot. Anyway, 1691 01:15:49,760 --> 01:15:51,360 Speaker 2: he's got eighty point four percent of the boat, so 1692 01:15:51,400 --> 01:15:54,840 Speaker 2: he's home free. He was in Ottawa and he had 1693 01:15:54,880 --> 01:15:57,120 Speaker 2: held that for two decades, but such was the swing 1694 01:15:57,200 --> 01:16:00,519 Speaker 2: towards Carney, he lost his seat. So he faced and 1695 01:16:00,520 --> 01:16:03,120 Speaker 2: there was protest in this particular by election over the weekend. 1696 01:16:03,400 --> 01:16:09,519 Speaker 2: He faced two hundred and fourteen candidates, two hundred and fourteen. 1697 01:16:10,040 --> 01:16:12,639 Speaker 2: He was the two hundred and fifteenth and he won it. 1698 01:16:13,240 --> 01:16:15,799 Speaker 2: So he will assume he will go back to the Parliament, 1699 01:16:15,840 --> 01:16:18,360 Speaker 2: and he will assume at that particular point his old job. 1700 01:16:18,360 --> 01:16:20,880 Speaker 2: He's back. He is the leader of the opposition. Some 1701 01:16:20,920 --> 01:16:23,559 Speaker 2: of the locals went, look, you're just jumping in here 1702 01:16:23,600 --> 01:16:25,160 Speaker 2: for nothing more than a means to an end, and 1703 01:16:25,200 --> 01:16:27,880 Speaker 2: of course he was. But it worked. So it'd be 1704 01:16:27,920 --> 01:16:29,080 Speaker 2: interesting to see what happens next. 1705 01:16:29,080 --> 01:16:33,400 Speaker 19: Twenty two to nine International correspondence with endsit Eye Insurance, 1706 01:16:33,520 --> 01:16:35,600 Speaker 19: peace of mind for New Zealand business. 1707 01:16:35,240 --> 01:16:39,200 Speaker 2: And threatening cleven price. Greeting to you good at where's 1708 01:16:39,240 --> 01:16:42,920 Speaker 2: this go Because Netnya, Who's gone right at Elbanzi this 1709 01:16:43,000 --> 01:16:46,840 Speaker 2: morning in a fairly major way. It's not, I suppose unpredictable. 1710 01:16:46,840 --> 01:16:48,439 Speaker 2: But what does Albanzi do with it? 1711 01:16:49,680 --> 01:16:52,960 Speaker 12: Well, he's saw on Nucleonna Who and the Prime Minister 1712 01:16:54,160 --> 01:16:57,880 Speaker 12: is now facing claims from just about every Jewish organization 1713 01:16:57,960 --> 01:17:01,760 Speaker 12: in the country and most media comentators that the relationship 1714 01:17:01,760 --> 01:17:05,200 Speaker 12: between Australia and Israel, which historically has been very strong 1715 01:17:05,280 --> 01:17:08,680 Speaker 12: all the way back to Senior Labor Prime Minister's love 1716 01:17:08,760 --> 01:17:13,560 Speaker 12: Bob Hawk, it's at its lowest level since the establishment 1717 01:17:13,600 --> 01:17:17,439 Speaker 12: of the Israeli state. I mean, it's horrendous. So there's 1718 01:17:17,439 --> 01:17:19,720 Speaker 12: two parts to Netanya who's gone on Twitter and had 1719 01:17:19,720 --> 01:17:22,880 Speaker 12: a crack over the recognition of Palestine. But my colleague 1720 01:17:22,880 --> 01:17:25,800 Speaker 12: at Sky, Charie Markson's got hold of a letter that 1721 01:17:25,920 --> 01:17:29,960 Speaker 12: Netnya who has sent the PM, and she revealed the 1722 01:17:29,960 --> 01:17:35,479 Speaker 12: contents of that last night, where the Israeli leader labeled 1723 01:17:36,120 --> 01:17:40,920 Speaker 12: anti Semitism in Australia are cancer. The letters dated August seventeen. 1724 01:17:41,479 --> 01:17:46,360 Speaker 12: It spreads when leaders remain silent. Madas is a direct Quotetnatu. 1725 01:17:46,479 --> 01:17:49,720 Speaker 12: I call upon you to replace weakness with action, appeasement 1726 01:17:49,760 --> 01:17:53,160 Speaker 12: with resolve, and to do so by a clear date 1727 01:17:53,640 --> 01:17:56,439 Speaker 12: the Jewish New Year September twenty three to twenty twenty five. 1728 01:17:56,960 --> 01:18:00,800 Speaker 12: History will not forgive hesitation, it will honor action. He's 1729 01:18:00,840 --> 01:18:04,400 Speaker 12: described Albanezi as a weak politician, accused him of abandoning 1730 01:18:04,479 --> 01:18:08,639 Speaker 12: Australia's Jews, which is where Albertiz he has his biggest problem, 1731 01:18:09,400 --> 01:18:12,839 Speaker 12: and signaling a serious relationship breakdown between the two leaders. 1732 01:18:13,160 --> 01:18:15,080 Speaker 12: And that, of course comes on top of an Israeli 1733 01:18:15,200 --> 01:18:18,600 Speaker 12: politician has been banned from coming here. Is visa was 1734 01:18:18,640 --> 01:18:21,880 Speaker 12: canceled at the last minute, and we've got representatives for 1735 01:18:21,920 --> 01:18:26,160 Speaker 12: some reason in Ramala who are representatives to the Palestinis 1736 01:18:26,680 --> 01:18:29,719 Speaker 12: Palestinian authority. They've been told to get out of the country. 1737 01:18:29,800 --> 01:18:31,479 Speaker 12: So it doesn't get any worse than that, No. 1738 01:18:31,520 --> 01:18:33,200 Speaker 2: It doesn't. And then there was a poll I think 1739 01:18:33,280 --> 01:18:35,000 Speaker 2: in between the times that we've been talking, there's a 1740 01:18:35,000 --> 01:18:37,680 Speaker 2: poll the other day that that most people see the 1741 01:18:37,720 --> 01:18:40,479 Speaker 2: Palestinian recognition for what it is, which is it's just 1742 01:18:40,640 --> 01:18:44,280 Speaker 2: it's ideological nonsense. It doesn't change or achieve anything. 1743 01:18:45,320 --> 01:18:45,960 Speaker 10: No, it doesn't. 1744 01:18:46,000 --> 01:18:47,920 Speaker 12: I mean you've got to remember that there is a 1745 01:18:48,000 --> 01:18:51,920 Speaker 12: probably outside of maybe the United States. We've probably got 1746 01:18:51,960 --> 01:18:56,559 Speaker 12: the largest number of Jewish residents anywhere. There's a lot 1747 01:18:56,560 --> 01:18:59,320 Speaker 12: of people came here at the end of World War 1748 01:18:59,360 --> 01:19:02,519 Speaker 12: II or just before and settled in Sydney and Melbourne. 1749 01:19:02,560 --> 01:19:06,759 Speaker 12: Massive Jewish population, I mean in regard to actual numbers, 1750 01:19:06,840 --> 01:19:12,160 Speaker 12: not huge, influence, very large, and they feel completely abandoned. 1751 01:19:12,200 --> 01:19:16,800 Speaker 12: The Memori had synagogues burnt to the ground, fire bombed, graffiti, 1752 01:19:17,000 --> 01:19:19,840 Speaker 12: all of the above. And so the Prime ministers can't 1753 01:19:19,880 --> 01:19:24,280 Speaker 12: just ignore this. He's got to try and repair this relationship, 1754 01:19:24,360 --> 01:19:26,839 Speaker 12: and his state premiers have got to help him. Otherwise 1755 01:19:27,160 --> 01:19:29,400 Speaker 12: he's going to have this thing hanging over his head 1756 01:19:29,479 --> 01:19:30,920 Speaker 12: right the way until he goes to the policy. 1757 01:19:31,120 --> 01:19:32,800 Speaker 2: I wonder has he must read the mood of the 1758 01:19:32,880 --> 01:19:34,840 Speaker 2: room and the sense that we've talked about this before. 1759 01:19:34,880 --> 01:19:36,840 Speaker 2: He and Wong and year old labour rights from the 1760 01:19:36,840 --> 01:19:39,519 Speaker 2: old days. This is right up there, This is in 1761 01:19:39,600 --> 01:19:42,080 Speaker 2: their wheelhouse. They love this stuff, and yet they're not, 1762 01:19:42,360 --> 01:19:45,479 Speaker 2: you know, the wider Australia. I just don't think I 1763 01:19:45,600 --> 01:19:47,040 Speaker 2: think the way they think. 1764 01:19:47,880 --> 01:19:50,280 Speaker 12: On this issue. They're both acting as if they're still 1765 01:19:50,400 --> 01:19:53,640 Speaker 12: university radicals. I mean that much and odd for are 1766 01:19:53,680 --> 01:19:55,880 Speaker 12: both in his sixties but that's what's happening. I mean, 1767 01:19:55,960 --> 01:19:59,240 Speaker 12: this is very deep in the dna of the Prime minister. 1768 01:19:59,320 --> 01:20:01,680 Speaker 12: He was from the is from the hard left. He 1769 01:20:01,800 --> 01:20:05,120 Speaker 12: was head of the Socialist Alliance at the University in Sydney, 1770 01:20:05,160 --> 01:20:07,200 Speaker 12: was a member of the Communist Party at one point, 1771 01:20:07,360 --> 01:20:10,080 Speaker 12: and so it's just sprung out of him and I 1772 01:20:10,080 --> 01:20:14,080 Speaker 12: don't think he realized what their reaction, what the feedback 1773 01:20:14,160 --> 01:20:15,920 Speaker 12: was going to be, and he's really copped. 1774 01:20:15,640 --> 01:20:15,960 Speaker 17: It from that. 1775 01:20:16,760 --> 01:20:19,200 Speaker 2: This roundtable that started. I think yesterday I was reading. 1776 01:20:19,200 --> 01:20:20,880 Speaker 2: I didn't realize how few people are there, so I 1777 01:20:21,000 --> 01:20:22,439 Speaker 2: forty fifty. I thought it was like a room of 1778 01:20:22,560 --> 01:20:24,360 Speaker 2: hundreds or something. Is it just a handful of people 1779 01:20:24,360 --> 01:20:26,000 Speaker 2: and they've all sort of agreed before they enter the 1780 01:20:26,080 --> 01:20:28,800 Speaker 2: room what's going to happen. And that's that pretty much. 1781 01:20:28,840 --> 01:20:30,920 Speaker 12: It's in the cabinet room, so you can only have 1782 01:20:31,439 --> 01:20:33,280 Speaker 12: them and he would be at a normal cabinet meeting. 1783 01:20:34,200 --> 01:20:36,240 Speaker 12: A lot of people are sent in submissions. One of 1784 01:20:36,240 --> 01:20:39,879 Speaker 12: the things that my colleague Ross Green would told me yesterday, 1785 01:20:39,880 --> 01:20:42,920 Speaker 12: which I was staggered by, is that the mining industry 1786 01:20:42,960 --> 01:20:46,120 Speaker 12: is not physically represented in that room by anybody they've 1787 01:20:46,160 --> 01:20:50,439 Speaker 12: sent in submissions, but they're not at the table. Now 1788 01:20:51,080 --> 01:20:54,479 Speaker 12: mining and the royalties for mining are what pace for 1789 01:20:54,600 --> 01:20:56,120 Speaker 12: schools and hospitals. 1790 01:20:56,120 --> 01:20:59,840 Speaker 2: Well, that's a sting industry. 1791 01:20:58,920 --> 01:20:59,280 Speaker 4: It is. 1792 01:21:00,160 --> 01:21:04,719 Speaker 12: And the ACTU true to color. They whacked on the table. 1793 01:21:04,720 --> 01:21:06,719 Speaker 12: One of the first things they whacked on the table 1794 01:21:06,800 --> 01:21:10,320 Speaker 12: yesterday was that they want a new training levee. Now 1795 01:21:10,800 --> 01:21:13,160 Speaker 12: you imagine the reaction around the table when that came 1796 01:21:13,240 --> 01:21:17,519 Speaker 12: up in the morning session. This is money that would 1797 01:21:17,520 --> 01:21:21,639 Speaker 12: be used by the unions themselves to in quotation marks 1798 01:21:22,000 --> 01:21:26,559 Speaker 12: train people. But we've seen in the past what happens 1799 01:21:26,560 --> 01:21:28,639 Speaker 12: to that though it never ends up in actual training. 1800 01:21:28,680 --> 01:21:31,599 Speaker 12: So they want a one point five percent levee toward 1801 01:21:31,720 --> 01:21:35,680 Speaker 12: worker training for every company in Australia with turnover no 1802 01:21:35,800 --> 01:21:39,360 Speaker 12: profit turnover of five hundred thousand dollars. I mean that's 1803 01:21:39,479 --> 01:21:42,639 Speaker 12: just about every big, small and medium business in the country. 1804 01:21:42,880 --> 01:21:45,320 Speaker 2: See, this is what fascinates me A big picture is 1805 01:21:45,880 --> 01:21:48,800 Speaker 2: does he have the political license Albanes? Does he have 1806 01:21:48,840 --> 01:21:52,599 Speaker 2: the political license to just go mental because he's won 1807 01:21:52,760 --> 01:21:56,080 Speaker 2: so spectacularly why not? Or is he one of those 1808 01:21:56,080 --> 01:21:57,640 Speaker 2: guys who goes I want to leave a legacy and 1809 01:21:57,680 --> 01:21:59,080 Speaker 2: I'll read the room a little bit better than this 1810 01:21:59,120 --> 01:22:02,559 Speaker 2: and some of this extreme madness gets curtailed. 1811 01:22:02,840 --> 01:22:06,200 Speaker 12: Probably the latter, because he could determined out of three terms. 1812 01:22:07,080 --> 01:22:10,040 Speaker 12: He believes with that majority, and quite rightly he believes 1813 01:22:10,080 --> 01:22:13,240 Speaker 12: is that with a ninety four seat house at Lower House, 1814 01:22:13,479 --> 01:22:17,240 Speaker 12: he could go around next time and win and probably 1815 01:22:17,320 --> 01:22:21,680 Speaker 12: even win a term after that. So he believes he 1816 01:22:21,680 --> 01:22:23,800 Speaker 12: can leave a footprint on the country. The problem for 1817 01:22:23,840 --> 01:22:25,480 Speaker 12: all of us is it's the wrong footprint. 1818 01:22:26,120 --> 01:22:28,679 Speaker 2: Just quickly. I'm reading this morning in the Sydney Morning 1819 01:22:28,680 --> 01:22:31,240 Speaker 2: Herald this and I don't think most people listening to 1820 01:22:31,320 --> 01:22:34,719 Speaker 2: us understand what you do here. National Disability Insurance Scheme 1821 01:22:34,800 --> 01:22:37,240 Speaker 2: the NDI is so on the past seven and ten 1822 01:22:37,280 --> 01:22:40,000 Speaker 2: people in the last year they've joined of god autism apparently. 1823 01:22:40,400 --> 01:22:42,640 Speaker 2: So this is a forty six billion dollar scheme. Is 1824 01:22:42,680 --> 01:22:44,400 Speaker 2: this thing hopelessly out of control? 1825 01:22:45,240 --> 01:22:48,519 Speaker 12: Yeah, it needs to be shut down and we need 1826 01:22:48,560 --> 01:22:51,080 Speaker 12: to go back to basics. We all agree that there's 1827 01:22:51,080 --> 01:22:54,599 Speaker 12: a place for scheme like this, but it's completely out 1828 01:22:54,600 --> 01:22:58,599 Speaker 12: of control. I think the figure you're talking about mainly 1829 01:22:58,680 --> 01:23:02,479 Speaker 12: relates to teenage yes, and they've all ended up being 1830 01:23:02,520 --> 01:23:05,280 Speaker 12: diagnosed with autism, and they've all ended up on the NDIES. 1831 01:23:05,360 --> 01:23:08,000 Speaker 12: I mean This thing is like a snowball rolling down 1832 01:23:08,000 --> 01:23:11,320 Speaker 12: a mountain. It's completely out of control. It's threatening to 1833 01:23:11,400 --> 01:23:15,000 Speaker 12: absolutely blow up the budget, blow up the economy, and 1834 01:23:15,240 --> 01:23:16,800 Speaker 12: someone's got to do something about it. 1835 01:23:16,880 --> 01:23:19,679 Speaker 2: So, as a teenager, if I get diagnosed with autism, 1836 01:23:19,720 --> 01:23:21,720 Speaker 2: I get money, and I get money as long as 1837 01:23:21,720 --> 01:23:23,600 Speaker 2: I have autism. Is that how it works? 1838 01:23:23,640 --> 01:23:23,960 Speaker 17: Correct? 1839 01:23:24,000 --> 01:23:26,280 Speaker 12: Your family? Does they put you on a plan and 1840 01:23:26,320 --> 01:23:30,920 Speaker 12: that plan would help with your treatment of autism? Now 1841 01:23:30,960 --> 01:23:34,240 Speaker 12: does anyone in the country believe those numbers are real? 1842 01:23:34,439 --> 01:23:34,519 Speaker 13: Not? 1843 01:23:34,640 --> 01:23:34,960 Speaker 3: Really? 1844 01:23:35,120 --> 01:23:35,280 Speaker 2: No? 1845 01:23:36,040 --> 01:23:39,400 Speaker 12: Is it the family's fault? Are they actively seeking out 1846 01:23:39,400 --> 01:23:45,719 Speaker 12: an autism diagnosis? Probably not. The medical fraternity somehow involved 1847 01:23:45,720 --> 01:23:49,839 Speaker 12: here in giving these as plans out like confetti. 1848 01:23:49,960 --> 01:23:51,360 Speaker 10: Yes, they are unreal, all. 1849 01:23:51,280 --> 01:23:53,200 Speaker 2: Right, might see you next week. Appreciate it. Steep price 1850 01:23:53,240 --> 01:23:56,400 Speaker 2: out of Australia seven and ten and the National Disability 1851 01:23:56,439 --> 01:23:59,040 Speaker 2: Scheme in the past, you have autism. It's forty six billion, 1852 01:24:00,000 --> 01:24:02,559 Speaker 2: six thousand of the seventy eight thousand who joined, fifty 1853 01:24:02,560 --> 01:24:05,320 Speaker 2: six of the seventy eight who joined in the last 1854 01:24:05,400 --> 01:24:10,240 Speaker 2: year magically had autism eight forty five. 1855 01:24:12,320 --> 01:24:16,759 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio, Howard 1856 01:24:16,800 --> 01:24:17,800 Speaker 1: By News talks at b. 1857 01:24:18,840 --> 01:24:21,000 Speaker 2: Twelve away from nine. We mentioned the other day on 1858 01:24:21,040 --> 01:24:24,000 Speaker 2: the program an upcoming documentary on John Clark. It's called 1859 01:24:24,000 --> 01:24:25,840 Speaker 2: not just Fred Dagg but also John Clark, and it's 1860 01:24:25,840 --> 01:24:27,840 Speaker 2: out sometime soon. I can't remember anyway, as it popped 1861 01:24:27,920 --> 01:24:31,559 Speaker 2: up on my YouTube fig yesterday what I thought was it, 1862 01:24:31,640 --> 01:24:33,679 Speaker 2: but it wasn't. It was another docker that had post 1863 01:24:33,760 --> 01:24:36,080 Speaker 2: his death. It was about seven or eight years old now, 1864 01:24:36,360 --> 01:24:38,840 Speaker 2: but it's very good. Thanks for your time. So if 1865 01:24:38,840 --> 01:24:40,719 Speaker 2: you've got time and you're like John Clark and who doesn't. 1866 01:24:40,920 --> 01:24:42,920 Speaker 2: It's a half hour documentary. It's made by the ABC. 1867 01:24:43,040 --> 01:24:47,400 Speaker 2: It's got Brian Door and it's got Paul keating on 1868 01:24:47,960 --> 01:24:50,680 Speaker 2: for you go why. There's a good story involved in that. 1869 01:24:51,240 --> 01:24:53,320 Speaker 2: It's got Sam Neil in there as well. It's a 1870 01:24:53,439 --> 01:24:56,400 Speaker 2: very nice half hour of whats got his daughters? Of 1871 01:24:56,439 --> 01:24:58,400 Speaker 2: what John Clark was, what he did, how he did it, 1872 01:24:58,439 --> 01:25:00,200 Speaker 2: why he did it, and how he's basically driven out 1873 01:25:00,200 --> 01:25:02,840 Speaker 2: of New Zealand the fame got to him. He was 1874 01:25:02,880 --> 01:25:04,840 Speaker 2: so famous, so successfully had to get the hell out 1875 01:25:04,840 --> 01:25:07,120 Speaker 2: and he went to Australia. Very clever guy and a 1876 01:25:07,200 --> 01:25:09,880 Speaker 2: very nice documentary. If he can be bothered. Mahi Drysdale 1877 01:25:09,960 --> 01:25:12,800 Speaker 2: that welcome in mahe as mayor of twoing Or. I 1878 01:25:12,800 --> 01:25:15,519 Speaker 2: know they backflipped yesterday. He was the casting vote. This 1879 01:25:15,600 --> 01:25:18,479 Speaker 2: goes back to my ongoing interest in this local water 1880 01:25:18,560 --> 01:25:21,280 Speaker 2: dounewell thing and whether you go it alone or whether 1881 01:25:21,280 --> 01:25:24,559 Speaker 2: you join a local council. They were going it alone, 1882 01:25:24,680 --> 01:25:30,599 Speaker 2: and so they had another chat about that and they 1883 01:25:30,960 --> 01:25:33,960 Speaker 2: tied on the vote. He flipped. He flipped it. So 1884 01:25:34,000 --> 01:25:36,280 Speaker 2: they're going to join. They were going it alone. They're 1885 01:25:36,280 --> 01:25:39,160 Speaker 2: now joining the Western Bay a Plenty district, possibly the 1886 01:25:39,200 --> 01:25:42,000 Speaker 2: Thames Corrimandel District. I think that's the i'mknow expert in 1887 01:25:42,080 --> 01:25:44,160 Speaker 2: water and towering and the plenty, but I think I 1888 01:25:44,200 --> 01:25:48,000 Speaker 2: think a grouping. It just seems to me that infrastructurally speaking, 1889 01:25:48,720 --> 01:25:52,320 Speaker 2: were the exception of the major centers, small regional provincial 1890 01:25:52,320 --> 01:25:56,840 Speaker 2: New Zealand. You were too small to provide your infrastructure 1891 01:25:56,920 --> 01:26:00,840 Speaker 2: by yourself to your people. As I can work out, 1892 01:26:00,880 --> 01:26:04,200 Speaker 2: you're asking for trouble you can't afford. And so you've 1893 01:26:04,200 --> 01:26:06,559 Speaker 2: got till September three to put the plan forward. Already, 1894 01:26:06,640 --> 01:26:09,280 Speaker 2: as I've told you, six councils have been written to going. 1895 01:26:09,439 --> 01:26:12,240 Speaker 2: We don't think this looks good enough and you might 1896 01:26:12,280 --> 01:26:14,519 Speaker 2: not be able to go at alone. So it's an 1897 01:26:14,560 --> 01:26:19,240 Speaker 2: interesting interface between your own bullishness in your region versus 1898 01:26:19,320 --> 01:26:21,920 Speaker 2: the cold hard fiscal reality of maybe needing some mates 1899 01:26:21,920 --> 01:26:25,719 Speaker 2: along the way. So Marhey flipped it to join the group. 1900 01:26:26,200 --> 01:26:28,040 Speaker 2: So he might turn out to be the hero in 1901 01:26:28,080 --> 01:26:30,000 Speaker 2: all of this, And the only time will tell nine 1902 01:26:30,040 --> 01:26:31,439 Speaker 2: Away from nine The. 1903 01:26:31,600 --> 01:26:36,479 Speaker 1: Mike Hosking Breakfast with Alvita Retirement Communities News Togsdad bes. 1904 01:26:36,439 --> 01:26:37,920 Speaker 2: Mike, I don't know if you've seen the movie Death 1905 01:26:37,960 --> 01:26:41,360 Speaker 2: in Brunswick, but it's brilliant Australian black comedy, as fine 1906 01:26:41,360 --> 01:26:43,320 Speaker 2: as yes to have Paul and funnily enough. In the 1907 01:26:43,960 --> 01:26:48,519 Speaker 2: little documentary or Yesterday, it's featured with Sam Neil quite emotional. Actually, 1908 01:26:48,520 --> 01:26:50,600 Speaker 2: he had watched a clip the night before before he 1909 01:26:50,640 --> 01:26:52,719 Speaker 2: did the docer and he looked back at Death and Brunswick. 1910 01:26:52,760 --> 01:26:55,400 Speaker 2: He was thrilled to be stirring alongside John Clark and 1911 01:26:55,439 --> 01:26:57,559 Speaker 2: he said, we did something really good in that movie. 1912 01:26:57,600 --> 01:27:00,720 Speaker 2: He was quite emotional about it. Spark reporting season for 1913 01:27:00,760 --> 01:27:03,000 Speaker 2: the b companies on the market at the moment. So 1914 01:27:03,240 --> 01:27:06,720 Speaker 2: Spark revenue of three point seven to five million is 1915 01:27:06,720 --> 01:27:09,439 Speaker 2: that bad? It's not great decline two point five percent, 1916 01:27:09,479 --> 01:27:12,439 Speaker 2: Ebit Dara bit over a million declined seven point seven 1917 01:27:12,479 --> 01:27:14,960 Speaker 2: final dividend twelve point five cents. They've been in the 1918 01:27:15,000 --> 01:27:16,880 Speaker 2: news most recently, of course, they sold that seventy five 1919 01:27:16,880 --> 01:27:19,720 Speaker 2: percent stake in their data center business. The chair is 1920 01:27:19,800 --> 01:27:21,880 Speaker 2: quoted as saying one of the most challenging periods in 1921 01:27:21,920 --> 01:27:25,080 Speaker 2: Spark's history. So that gives you a flavor that life 1922 01:27:25,080 --> 01:27:27,960 Speaker 2: at the old Spark seems a while ago. They were 1923 01:27:27,960 --> 01:27:32,120 Speaker 2: into streaming sport, doesn't it. Eh, those were the days 1924 01:27:32,280 --> 01:27:33,719 Speaker 2: five minutes away from nine. 1925 01:27:34,000 --> 01:27:39,200 Speaker 1: Trending now with chemist warehouse great savings every day. 1926 01:27:39,400 --> 01:27:42,800 Speaker 2: Rhode Island Assistant Attorney General, May I introduce to you 1927 01:27:42,920 --> 01:27:48,479 Speaker 2: Devon Hogan Flanagan. Devon's gone off this morning at a 1928 01:27:48,520 --> 01:27:51,439 Speaker 2: restaurant with some friends. Something happened. We don't know what happened, 1929 01:27:51,479 --> 01:27:54,960 Speaker 2: but anyway, cops turn up and they try and trespass 1930 01:27:55,040 --> 01:27:57,720 Speaker 2: Devon in a friend and when the handcuffs came out, 1931 01:27:57,760 --> 01:28:01,320 Speaker 2: Devon made the fatal mistake of the old I wanted 1932 01:28:01,360 --> 01:28:03,200 Speaker 2: to play the game of do you know who I am? 1933 01:28:03,479 --> 01:28:07,439 Speaker 21: The protocol and I ask you to turn off the bodygain. 1934 01:28:07,479 --> 01:28:09,360 Speaker 13: You have to turn it off, and that's your protocol. 1935 01:28:09,640 --> 01:28:12,479 Speaker 27: She's a snawyer, so she knows, well, that's. 1936 01:28:12,680 --> 01:28:14,360 Speaker 10: Blow your stuff. So that's not true, so. 1937 01:28:14,320 --> 01:28:14,800 Speaker 13: We gotta go. 1938 01:28:15,040 --> 01:28:16,760 Speaker 16: No it is, that's that's all. 1939 01:28:17,080 --> 01:28:17,639 Speaker 6: I'm an AG. 1940 01:28:18,240 --> 01:28:18,760 Speaker 1: I'm an AG. 1941 01:28:19,160 --> 01:28:25,639 Speaker 16: Good for you. I don't give a Let's go, You're 1942 01:28:25,680 --> 01:28:27,560 Speaker 16: not let's go. 1943 01:28:28,080 --> 01:28:29,080 Speaker 18: I'm not here arrested. 1944 01:28:29,120 --> 01:28:31,120 Speaker 13: You're putting me in cost I'm not here. 1945 01:28:32,560 --> 01:28:36,640 Speaker 8: No, you're gonna regret this. 1946 01:28:41,360 --> 01:28:45,519 Speaker 2: Now, a couple of really obvious questions. First of all, 1947 01:28:45,800 --> 01:28:49,680 Speaker 2: does her voice annoy you? And did that probably not 1948 01:28:49,800 --> 01:28:52,040 Speaker 2: help in the overall situation if you were the cop, 1949 01:28:52,880 --> 01:28:55,200 Speaker 2: would you not, as a cop just simply go Your 1950 01:28:55,320 --> 01:28:59,479 Speaker 2: voice belongs in jail. Second, when she says she's an 1951 01:28:59,520 --> 01:29:05,240 Speaker 2: a G, she's not. She's an assistant AG. So she's automatically, 1952 01:29:05,320 --> 01:29:09,200 Speaker 2: in her chipmunk like voice, promoted herself and she's actually 1953 01:29:09,240 --> 01:29:12,120 Speaker 2: an AAG, which would be AG like that, and so 1954 01:29:12,560 --> 01:29:15,040 Speaker 2: that deserves sing culps as well. So anyway, where was 1955 01:29:15,120 --> 01:29:17,080 Speaker 2: she she in jail? I don't know what happened to 1956 01:29:19,760 --> 01:29:21,759 Speaker 2: just for a fun It's not fun, it's it's weird. 1957 01:29:21,840 --> 01:29:24,200 Speaker 2: I've got sucked in this morning. If you go to 1958 01:29:24,240 --> 01:29:26,559 Speaker 2: the tabloid media. I can't remember where I was. There's 1959 01:29:26,560 --> 01:29:31,519 Speaker 2: a shot of some influences at a restaurant table eating food, 1960 01:29:32,800 --> 01:29:37,800 Speaker 2: videoing themselves for social media. When a car comes through 1961 01:29:37,800 --> 01:29:42,400 Speaker 2: the window, it is, oh my god. 1962 01:29:42,720 --> 01:29:44,559 Speaker 18: So there is that something that you can make happen 1963 01:29:44,640 --> 01:29:47,600 Speaker 18: now on the socials, like you can either like he 1964 01:29:47,760 --> 01:29:49,639 Speaker 18: comes down or car through the window. 1965 01:29:49,720 --> 01:29:52,280 Speaker 2: Yeah exactly, I mean, cath That'll get boring after the 1966 01:29:52,280 --> 01:29:55,840 Speaker 2: fourth or fifth one, but for now, whoo, anyway, we're 1967 01:29:55,880 --> 01:29:57,760 Speaker 2: out of here, back tomorrow morning from six with our 1968 01:29:57,800 --> 01:30:00,519 Speaker 2: old mate Nick Bryan by the way, after a look 1969 01:30:00,560 --> 01:30:02,320 Speaker 2: forward to his company, look forward to yours as well. 1970 01:30:02,400 --> 01:30:05,360 Speaker 2: Happy Duest Love every day. 1971 01:30:07,600 --> 01:30:10,479 Speaker 1: For more from the Mic Asking Breakfast, listen live to 1972 01:30:10,600 --> 01:30:13,679 Speaker 1: news talks that'd be from six am weekdays, or follow 1973 01:30:13,720 --> 01:30:15,280 Speaker 1: the podcast on iHeartRadio.