1
00:00:00,480 --> 00:00:05,960
Speaker 1: You're trusted home for news, sport, entertainment, opinion, and Mike

2
00:00:06,200 --> 00:00:10,399
Speaker 1: the Mic asking Breakfast with Bailey's real estate altogether better

3
00:00:10,440 --> 00:00:14,960
Speaker 1: across residential, commercial and rural news togs, eDV Morning and welcome.

4
00:00:14,680 --> 00:00:16,680
Speaker 2: To the ABL and G play. Why are we paying

5
00:00:16,680 --> 00:00:19,279
Speaker 2: for it? Will it really save us anything? Will it

6
00:00:19,280 --> 00:00:21,040
Speaker 2: really be ready to go next year? These and many

7
00:00:21,040 --> 00:00:24,079
Speaker 2: other questions answered. More on the Peach dumping scandal and

8
00:00:24,079 --> 00:00:27,400
Speaker 2: whether anyone cares Catherines and France Rods in the UK

9
00:00:27,560 --> 00:00:30,720
Speaker 2: for us askin it is Tuesday morning, Welcome to at

10
00:00:30,720 --> 00:00:34,199
Speaker 2: seven past six, Morgan McSweeney. He didn't appoint Peter mandelssoon,

11
00:00:34,200 --> 00:00:36,280
Speaker 2: of course to Washington, and yet he has lost his

12
00:00:36,360 --> 00:00:39,000
Speaker 2: job because of it. If he had appointed him, he

13
00:00:39,000 --> 00:00:41,120
Speaker 2: should have lost his job. But McSweeney is the red

14
00:00:41,159 --> 00:00:42,920
Speaker 2: meat you feed those that bay in a time of

15
00:00:42,960 --> 00:00:45,720
Speaker 2: disaster in order to save your own skin. You see.

16
00:00:45,760 --> 00:00:48,360
Speaker 2: It says a lot about Starmer and who he is

17
00:00:48,400 --> 00:00:51,280
Speaker 2: that you would be so blatantly and seemingly willing to

18
00:00:51,360 --> 00:00:53,920
Speaker 2: watch a colleague sacrifice their career to save your butt,

19
00:00:54,000 --> 00:00:55,680
Speaker 2: especially when it isn't going to save it at all.

20
00:00:55,680 --> 00:00:58,000
Speaker 2: The resignation has proved the Mandlsson appointment is of course

21
00:00:58,040 --> 00:01:01,760
Speaker 2: a sackable resignation offense, and given it was actually Starmer

22
00:01:01,800 --> 00:01:04,520
Speaker 2: who appointed him and everyone knows it, then it is

23
00:01:04,600 --> 00:01:06,880
Speaker 2: Starmer who will resign or if he doesn't get rolled,

24
00:01:07,200 --> 00:01:11,240
Speaker 2: suggesting McSweeney actually runs the country. Of course this absurd,

25
00:01:11,560 --> 00:01:14,240
Speaker 2: but when you're desperate, maybe you try anything. What saving

26
00:01:14,319 --> 00:01:17,039
Speaker 2: Starmer for now is the paperwork on the appointment, and

27
00:01:17,040 --> 00:01:19,240
Speaker 2: how bad it is, it will show he was worn

28
00:01:19,280 --> 00:01:22,280
Speaker 2: by people like David Lammy then Foreign Secretary not to

29
00:01:22,360 --> 00:01:25,400
Speaker 2: do it. That alone should seal Starmer's fate. The other

30
00:01:25,440 --> 00:01:27,440
Speaker 2: thing working currently for him is the fact that people

31
00:01:27,440 --> 00:01:31,400
Speaker 2: who could replace him have issues. Angela Rayner has already

32
00:01:31,400 --> 00:01:33,640
Speaker 2: stepped down from a senior roll due to her two

33
00:01:33,760 --> 00:01:37,720
Speaker 2: homes rainer issue involving houses declarations and tax where Streeting

34
00:01:37,840 --> 00:01:40,520
Speaker 2: is close enough to Mandelson or has been for it

35
00:01:40,560 --> 00:01:43,280
Speaker 2: to be a problem, and what many regards the ideal candidate.

36
00:01:43,319 --> 00:01:45,840
Speaker 2: Of course, Andy Burnham isn't even an MP and as

37
00:01:45,880 --> 00:01:48,200
Speaker 2: of recently isn't even allowed to stand in the upcoming

38
00:01:48,200 --> 00:01:51,480
Speaker 2: by election of Manchester, so isn't really available. So it's

39
00:01:51,520 --> 00:01:53,680
Speaker 2: all very good rolling your leader, but a pretty solid

40
00:01:53,720 --> 00:01:56,400
Speaker 2: replacement would be needed, and this is where the growing

41
00:01:56,480 --> 00:02:00,920
Speaker 2: sense of an entire government falling comes into play. If

42
00:02:00,920 --> 00:02:03,240
Speaker 2: you appoint some sort of caretaker and as trusts of

43
00:02:03,320 --> 00:02:05,960
Speaker 2: the left, if you like, you alert from one disaster

44
00:02:06,040 --> 00:02:08,800
Speaker 2: to another, all the wild country, fed up already with

45
00:02:08,919 --> 00:02:11,600
Speaker 2: dirt and backstabbing, and incompetence not to mention an economy

46
00:02:11,639 --> 00:02:14,279
Speaker 2: that looks anemic to say the least, turns to alternatives.

47
00:02:14,440 --> 00:02:19,600
Speaker 2: Enter Nigel Farage. The McSweeney sacrifice in theory was to

48
00:02:19,600 --> 00:02:23,400
Speaker 2: stop the bleeding. The Starmer resignation will be designed in

49
00:02:23,520 --> 00:02:26,520
Speaker 2: theory to stop the bleeding. But if it doesn't, Mendelssohn

50
00:02:26,560 --> 00:02:28,680
Speaker 2: will have brought down an entire government.

51
00:02:30,760 --> 00:02:33,680
Speaker 1: News of the world in ninety seconds.

52
00:02:33,320 --> 00:02:35,359
Speaker 2: Well until the end of denial rolls on. Of course,

53
00:02:35,360 --> 00:02:37,639
Speaker 2: this morning's number ten plan appears to be to roll

54
00:02:37,680 --> 00:02:39,400
Speaker 2: out people who say stuff like.

55
00:02:39,360 --> 00:02:41,480
Speaker 3: This the dog end of the Tories where they were

56
00:02:41,520 --> 00:02:45,880
Speaker 3: constantly changing leaders that was one of the things people

57
00:02:46,160 --> 00:02:48,560
Speaker 3: were very angry and fed up about in the country.

58
00:02:48,600 --> 00:02:53,000
Speaker 3: They wanted clear and stable leadership. Kere Starmer should be

59
00:02:53,160 --> 00:02:55,120
Speaker 3: given the space to be able to do that.

60
00:02:55,720 --> 00:02:57,720
Speaker 2: Trouble as there are people who say stuff like this.

61
00:02:57,760 --> 00:02:59,959
Speaker 4: At this point, I think everybody in the labor part

62
00:03:00,880 --> 00:03:04,000
Speaker 4: who I speak to you right now accepts the reality

63
00:03:04,320 --> 00:03:07,359
Speaker 4: that Keir Starmer needs to step aside and someone else

64
00:03:07,400 --> 00:03:08,680
Speaker 4: needs to take his place.

65
00:03:08,560 --> 00:03:11,079
Speaker 2: And then kind of big deal people like the Scottish

66
00:03:11,120 --> 00:03:14,120
Speaker 2: labor leader who say stuff like this, I have a.

67
00:03:14,120 --> 00:03:19,400
Speaker 5: Genuine friendship with Kir Starmer, but my first priority and

68
00:03:19,440 --> 00:03:22,079
Speaker 5: my first loyalty is to my country.

69
00:03:22,440 --> 00:03:25,280
Speaker 2: Scotland Royals and maybe William and Catherine and they've head

70
00:03:25,280 --> 00:03:26,760
Speaker 2: to win in for the first time this morning.

71
00:03:26,960 --> 00:03:29,520
Speaker 6: They said they have deep concerns about the revelations that

72
00:03:29,600 --> 00:03:32,520
Speaker 6: have come out over the last week or so, and

73
00:03:32,560 --> 00:03:35,920
Speaker 6: also that their thoughts are with the victims. Extraordinary really

74
00:03:36,000 --> 00:03:39,880
Speaker 6: because it's what we're talking about rather than the purpose

75
00:03:40,120 --> 00:03:42,440
Speaker 6: of why he's here in Saudi.

76
00:03:42,680 --> 00:03:45,240
Speaker 2: Yes, indeed he's about to start a visit to Saudi,

77
00:03:45,280 --> 00:03:47,360
Speaker 2: which is delicate at the best of times. Side a

78
00:03:47,400 --> 00:03:50,240
Speaker 2: couple of things, what was that man whole search yesterday

79
00:03:50,240 --> 00:03:51,680
Speaker 2: and the Nancy Guthrie case about.

80
00:03:51,720 --> 00:03:53,640
Speaker 7: You don't want to find out a week, two weeks,

81
00:03:53,680 --> 00:03:56,040
Speaker 7: three weeks from now when you actually catch the aspect

82
00:03:56,360 --> 00:03:58,760
Speaker 7: that her body was in there, and so you've got to.

83
00:03:58,800 --> 00:04:01,320
Speaker 2: Check that maybe yourself on this flushdown the toilet.

84
00:04:01,640 --> 00:04:04,840
Speaker 4: Maybe some other device that might give them some information

85
00:04:05,000 --> 00:04:05,600
Speaker 4: is in there.

86
00:04:05,760 --> 00:04:08,720
Speaker 2: Also in plain another opending shutdown, as the Homeland security

87
00:04:08,760 --> 00:04:10,920
Speaker 2: patch up job from last week is set to expire

88
00:04:11,040 --> 00:04:11,480
Speaker 2: this week.

89
00:04:11,600 --> 00:04:14,280
Speaker 8: I absolutely would expect that it's kind of shut down.

90
00:04:14,760 --> 00:04:18,359
Speaker 8: I know we the Democrats, we provided I think it

91
00:04:18,480 --> 00:04:21,760
Speaker 8: was ten ten kinds of basic things. And then the

92
00:04:21,800 --> 00:04:24,960
Speaker 8: Republican pushed back quickly saying that that's like a Christmas

93
00:04:25,040 --> 00:04:27,440
Speaker 8: wish list and that they are non starters.

94
00:04:27,760 --> 00:04:31,640
Speaker 2: Finally, ahead of Valentine's Day, Manchester has been named Britain's

95
00:04:31,640 --> 00:04:34,920
Speaker 2: most romantic cities just came in ahead of London and Liverpool.

96
00:04:35,000 --> 00:04:38,520
Speaker 2: The least romantic is Newcastle. Only twenty six percent said

97
00:04:38,520 --> 00:04:41,120
Speaker 2: they were by their partner gift on Valentine's Day. Here's

98
00:04:41,160 --> 00:04:44,640
Speaker 2: the World of ninety ARDA. Nickay went through the roof yesterday.

99
00:04:44,640 --> 00:04:46,599
Speaker 2: Do they love Tucker Ichi? Do they love a two

100
00:04:46,600 --> 00:04:50,680
Speaker 2: third supermajority? Yes, they do more. Shortly twelve past six.

101
00:04:52,400 --> 00:04:57,040
Speaker 1: The Mike Hosking Breakfast Full Show podcast on iHeartRadio how

102
00:04:57,120 --> 00:04:58,640
Speaker 1: It by News Talk Zippy.

103
00:05:00,800 --> 00:05:02,760
Speaker 2: A couple of things out of America are judged that

104
00:05:03,120 --> 00:05:06,839
Speaker 2: Trump appointed. He's ruled that the FBI seizure of those

105
00:05:06,960 --> 00:05:09,160
Speaker 2: election ballots out of Georgia the other day. They need

106
00:05:09,200 --> 00:05:12,240
Speaker 2: to be unsealed by tomorrow. The Fulton County Board of

107
00:05:12,279 --> 00:05:15,520
Speaker 2: Commissioner's chair guy called Rob Pitzer, Fulton County Board of

108
00:05:15,560 --> 00:05:19,000
Speaker 2: Registration and Elections. They're also suing the government, so that's

109
00:05:19,000 --> 00:05:22,840
Speaker 2: in play at the moment. Meantime, Gilain Maxwell closed door,

110
00:05:22,920 --> 00:05:29,000
Speaker 2: Capitol Hill pled the fifth, Nothing happened fifteen pass, I'm

111
00:05:29,040 --> 00:05:32,200
Speaker 2: sure and partners Andrew Calla hurt Welcome to Tuesday. Yeah,

112
00:05:32,240 --> 00:05:34,520
Speaker 2: good morning mine, Yeah, attack. They loved it, loved it,

113
00:05:34,560 --> 00:05:34,920
Speaker 2: loved it.

114
00:05:35,720 --> 00:05:39,440
Speaker 9: Yes, the Hurly Burley and financial markets that's characterized twenty

115
00:05:39,480 --> 00:05:42,640
Speaker 9: twenty six so far has continued last week, doesn't it.

116
00:05:42,960 --> 00:05:43,159
Speaker 10: Mike.

117
00:05:43,200 --> 00:05:45,680
Speaker 9: We don't often talk about Japan, and we certainly don't

118
00:05:45,720 --> 00:05:48,320
Speaker 9: talk about Japanese politics very often, do we.

119
00:05:49,120 --> 00:05:52,159
Speaker 2: But the election over the weekend and the election and.

120
00:05:52,040 --> 00:05:56,480
Speaker 9: The outcome do have potentially material marketing eclations. So, as

121
00:05:56,520 --> 00:06:01,280
Speaker 9: has been well reported, Sinai tucka Itchi one in a landslide.

122
00:06:01,360 --> 00:06:05,120
Speaker 9: So the LDP secured, as you just mentioned, a two

123
00:06:05,160 --> 00:06:09,479
Speaker 9: thirds supermajority in the lower House, which is the biggest,

124
00:06:09,520 --> 00:06:13,600
Speaker 9: most comprehensive victory anybody's had since the Second World War.

125
00:06:13,720 --> 00:06:16,839
Speaker 9: Now I'm not I'm not an expert on Japanese politics,

126
00:06:16,880 --> 00:06:20,159
Speaker 9: but my understanding is this makes it very easy to

127
00:06:20,279 --> 00:06:24,760
Speaker 9: pass legislation, and I think in some circumstances they can

128
00:06:24,800 --> 00:06:27,720
Speaker 9: actually just go ahead and overrule the Upper House because

129
00:06:27,760 --> 00:06:30,279
Speaker 9: of this two thirds majority, so has a very strong

130
00:06:30,320 --> 00:06:33,640
Speaker 9: mandate to push policies through. And you may recall when

131
00:06:33,760 --> 00:06:36,599
Speaker 9: Tucker Itchie was appointed as PM, all the talks of

132
00:06:36,640 --> 00:06:40,960
Speaker 9: this taka ichi trade with the expected physcal stimulus being

133
00:06:41,000 --> 00:06:43,520
Speaker 9: good for the economy, and of course what can only

134
00:06:43,520 --> 00:06:46,520
Speaker 9: be described as a stunning election victory has brought that

135
00:06:46,600 --> 00:06:49,560
Speaker 9: trade back into focus. So seen as being positive for

136
00:06:49,640 --> 00:06:52,760
Speaker 9: the Japanese share market. But and this is a big

137
00:06:52,800 --> 00:06:57,280
Speaker 9: butt potentially problematic for the Japanese bond market because you've

138
00:06:57,279 --> 00:07:00,280
Speaker 9: got high levels of government debt in Japan, and how

139
00:07:00,320 --> 00:07:03,000
Speaker 9: do you pay for the physical stimulus. But by it's

140
00:07:03,120 --> 00:07:07,479
Speaker 9: potentially issuing more bonds. It also creates potential volatility in

141
00:07:07,480 --> 00:07:10,080
Speaker 9: the Japanese en, which flows into the US dollar.

142
00:07:10,080 --> 00:07:11,560
Speaker 2: Obviously you've got a weaki yen.

143
00:07:11,560 --> 00:07:15,160
Speaker 9: You have a potentially stronger US dollar, So the Japanese

144
00:07:15,200 --> 00:07:17,720
Speaker 9: bond market got the jitters in January had a sharp

145
00:07:17,800 --> 00:07:21,040
Speaker 9: rise in Japanese long bond yields that did sort of

146
00:07:21,040 --> 00:07:24,640
Speaker 9: destabilize briefly global bomb markets, and the Americans got a

147
00:07:24,640 --> 00:07:26,960
Speaker 9: bit worried. They said, well, if your rates are pushing up,

148
00:07:27,160 --> 00:07:29,559
Speaker 9: it's going to push our interest rates up as well.

149
00:07:30,040 --> 00:07:33,800
Speaker 9: The outcome that we saw yet and trading yesterdays, the

150
00:07:33,800 --> 00:07:36,160
Speaker 9: sheer market really cheered the victory. You got a big lift,

151
00:07:36,160 --> 00:07:38,320
Speaker 9: and then the k index it was up over four

152
00:07:38,320 --> 00:07:41,560
Speaker 9: percent at one stage, what we call the topics index,

153
00:07:41,720 --> 00:07:44,400
Speaker 9: the broader index that was up over two percent. The

154
00:07:44,480 --> 00:07:47,240
Speaker 9: concern really centered around the bond market and dolly En

155
00:07:47,320 --> 00:07:51,840
Speaker 9: and actually the outcome here was relatively controlled trading. So

156
00:07:52,080 --> 00:07:55,080
Speaker 9: at the moment it looks like the bond market and

157
00:07:55,280 --> 00:07:59,240
Speaker 9: dollar yen are taking it in their stride. Questions do

158
00:07:59,440 --> 00:08:01,720
Speaker 9: remain though over term, and I think we have to

159
00:08:01,760 --> 00:08:04,600
Speaker 9: call a watching brief on this one over the.

160
00:08:04,560 --> 00:08:06,680
Speaker 2: Course of the week. She's certainly fascinating. Now what do

161
00:08:06,680 --> 00:08:07,840
Speaker 2: you make of the L and G play?

162
00:08:08,400 --> 00:08:11,960
Speaker 9: Oh, big news, wasn't it this yesterday? So the government

163
00:08:12,000 --> 00:08:15,720
Speaker 9: shortlisted these various proposals for the import terminal, which will

164
00:08:15,720 --> 00:08:19,720
Speaker 9: allow us to import LNG, which has been problematic because

165
00:08:19,720 --> 00:08:24,760
Speaker 9: our local supplies dwindling. All these proposals are Taranaki based,

166
00:08:25,440 --> 00:08:27,360
Speaker 9: which will or has the potential to provide a bit

167
00:08:27,360 --> 00:08:29,160
Speaker 9: of a boost of tartan nucky. That's not really been

168
00:08:29,200 --> 00:08:31,680
Speaker 9: talked about a lot, but New Plymouth has obviously been

169
00:08:31,760 --> 00:08:35,600
Speaker 9: knocked around by changes in exploration, oil and gas policy

170
00:08:35,600 --> 00:08:37,320
Speaker 9: over time, so I think they will be chairing this.

171
00:08:38,240 --> 00:08:40,840
Speaker 9: I think, Mike, you've talked about this. The contracting decision

172
00:08:40,880 --> 00:08:45,360
Speaker 9: targeted for mid twenty twenty six and moving pretty quickly here,

173
00:08:45,640 --> 00:08:48,120
Speaker 9: isn't it. If you have the facilities going to be

174
00:08:48,160 --> 00:08:50,560
Speaker 9: red're going to be ready in twenty twenty seven, and

175
00:08:50,679 --> 00:08:54,720
Speaker 9: forgive my cynicism, twenty twenty seven, early twenty twenty eight.

176
00:08:55,360 --> 00:08:57,320
Speaker 9: The gas that's imported will then have to be stored,

177
00:08:57,360 --> 00:08:59,559
Speaker 9: so you need storage facilities as well. You've got to

178
00:08:59,600 --> 00:09:02,520
Speaker 9: fixed component here, you need bucks to build the terminal.

179
00:09:02,880 --> 00:09:07,880
Speaker 9: I'm not sure I completely understand how the you know

180
00:09:07,920 --> 00:09:10,760
Speaker 9: how the whole funding mechanism works. Yet the plan at

181
00:09:10,800 --> 00:09:12,560
Speaker 9: the moment is that fixed rate cost is going to

182
00:09:12,559 --> 00:09:15,559
Speaker 9: be recruited by a levy on electricity, and this should

183
00:09:15,600 --> 00:09:18,600
Speaker 9: be helpful in mitigating the potential risk of a dry year,

184
00:09:19,480 --> 00:09:21,319
Speaker 9: which we you know, we don't need to explain when

185
00:09:21,360 --> 00:09:24,320
Speaker 9: we don't get enough rain reduce the ability of hydro

186
00:09:24,440 --> 00:09:26,600
Speaker 9: to gains through the winter. The thing is like that

187
00:09:26,760 --> 00:09:30,880
Speaker 9: risk does create a premium that's built into the forward

188
00:09:31,080 --> 00:09:34,960
Speaker 9: pricing for electricity. The thinking here is that the future

189
00:09:35,000 --> 00:09:37,720
Speaker 9: price will fall because some of that risk will now

190
00:09:37,760 --> 00:09:41,280
Speaker 9: be mitigated by having access to stored gas. It's ten

191
00:09:41,360 --> 00:09:45,800
Speaker 9: megawatson hour lower on that whole cel price due to

192
00:09:45,840 --> 00:09:46,600
Speaker 9: having access to.

193
00:09:48,080 --> 00:09:49,880
Speaker 2: The facility, and.

194
00:09:49,840 --> 00:09:53,400
Speaker 9: Of course spiking power prices have been problematic for industrial users.

195
00:09:53,520 --> 00:09:56,440
Speaker 9: It also might potentially sets the ceiling for winter pricing.

196
00:09:56,840 --> 00:09:59,120
Speaker 9: But I think what has been missed here a little

197
00:09:59,160 --> 00:10:02,160
Speaker 9: bit is it creates certainty for the electricity market. It's

198
00:10:02,200 --> 00:10:04,640
Speaker 9: an ambitious plan, might speedy execution. I do think we

199
00:10:04,679 --> 00:10:07,160
Speaker 9: need a bit more detail and a few more facts

200
00:10:07,200 --> 00:10:08,480
Speaker 9: before we can make a final tour.

201
00:10:08,600 --> 00:10:10,400
Speaker 2: Well, fortunately we got a couple of people on that

202
00:10:10,440 --> 00:10:12,480
Speaker 2: after seven o'clock. That's why we look here. Now, what

203
00:10:12,520 --> 00:10:13,080
Speaker 2: are the numbers?

204
00:10:14,480 --> 00:10:17,160
Speaker 9: So the dow Jones been bouncing around, but it's pretty stable.

205
00:10:17,200 --> 00:10:19,560
Speaker 9: It was the start of last week. It's down thirty

206
00:10:19,600 --> 00:10:22,480
Speaker 9: two points fifty thousand, and eighty four.

207
00:10:23,200 --> 00:10:23,839
Speaker 2: The S and P.

208
00:10:23,880 --> 00:10:27,080
Speaker 9: Five hundred up point sixty five percent forty five point

209
00:10:27,160 --> 00:10:29,960
Speaker 9: sixty nine seven seven, and the Nasdaq has bounced up

210
00:10:30,000 --> 00:10:33,079
Speaker 9: one point two percent two hundred and eighty points twenty

211
00:10:33,080 --> 00:10:35,240
Speaker 9: three thousand, three hundred and seven. The FOOTS one hundred

212
00:10:35,280 --> 00:10:38,520
Speaker 9: overnight stable up twelve points ten thousand, three hundred and

213
00:10:38,520 --> 00:10:40,960
Speaker 9: eighty two. The nikkey as I said it was up

214
00:10:41,000 --> 00:10:44,360
Speaker 9: two thousand, one hundred and ten points three point eight

215
00:10:44,480 --> 00:10:47,000
Speaker 9: nine percent to the close fifty six thousand, three hundred

216
00:10:47,040 --> 00:10:50,600
Speaker 9: and sixty three. The Shanghai compset also enjoyed a rise

217
00:10:50,640 --> 00:10:53,920
Speaker 9: one point four percent fifty eight points four one two three.

218
00:10:53,960 --> 00:10:56,120
Speaker 9: The Aussies yesterday had a big bounce back from a

219
00:10:56,200 --> 00:11:00,000
Speaker 9: week market last week, up one point eight five percent

220
00:11:00,080 --> 00:11:02,080
Speaker 9: one hundred and sixty one points eighty eight seven oh

221
00:11:02,160 --> 00:11:05,040
Speaker 9: and we did well, basically, we did nothing. We're up

222
00:11:05,080 --> 00:11:07,760
Speaker 9: twenty three points point zero two percent thirteen thousand, four

223
00:11:08,000 --> 00:11:10,400
Speaker 9: and forty six keyw zero point six h four five

224
00:11:10,440 --> 00:11:12,959
Speaker 9: against the US point eight five three to two, Ossie

225
00:11:13,240 --> 00:11:15,839
Speaker 9: point five oh eight one, Euro point four four to

226
00:11:15,840 --> 00:11:18,080
Speaker 9: two four against the pound ninety four point three six.

227
00:11:18,200 --> 00:11:21,560
Speaker 9: Japanese yend gold is back over five thousand, well and

228
00:11:21,600 --> 00:11:24,440
Speaker 9: truly five thousand and seventy four, and Brent Crud unfortunately

229
00:11:24,480 --> 00:11:27,280
Speaker 9: has gone up sixty nine dollars and eight cents.

230
00:11:27,320 --> 00:11:29,520
Speaker 2: You have a fabulous day. Andrew Keller have from Shore

231
00:11:29,800 --> 00:11:34,040
Speaker 2: and Partners pasking real Estate Auckland CBD office vacancies have

232
00:11:34,080 --> 00:11:36,440
Speaker 2: fallen for the first time since twenty twenty two. There

233
00:11:36,520 --> 00:11:38,280
Speaker 2: is demand there, although if you look at the demand

234
00:11:38,559 --> 00:11:41,520
Speaker 2: you need to distinguish between secondary and the premium stuff.

235
00:11:41,559 --> 00:11:44,120
Speaker 2: People love the premium stuff, so that's encouraging. And if

236
00:11:44,120 --> 00:11:46,160
Speaker 2: you're looking for a midwinter holiday and you think the

237
00:11:46,200 --> 00:11:48,760
Speaker 2: Hampton's are good, the median sales price out overnight for

238
00:11:48,840 --> 00:11:51,439
Speaker 2: the Hamptons. Not all American real estate is going well

239
00:11:51,440 --> 00:11:52,760
Speaker 2: at the moment. In fact, a lot of it isn't.

240
00:11:52,760 --> 00:11:54,920
Speaker 2: But the Hamptons are fine. They're up thirty four percent

241
00:11:54,960 --> 00:11:57,120
Speaker 2: on the last year. Average price is two point three

242
00:11:57,160 --> 00:11:59,960
Speaker 2: four million. You can get a nine betty nine better

243
00:12:00,000 --> 00:12:02,680
Speaker 2: the eleven hundred square meter ocean front if you're interested

244
00:12:02,679 --> 00:12:05,160
Speaker 2: in this in Bridgehampton at the moment, that'll for two weeks,

245
00:12:05,280 --> 00:12:07,000
Speaker 2: so it's the four fourteen days that will cost you

246
00:12:07,000 --> 00:12:08,839
Speaker 2: seven hundred thousand US. So what's that at the moment

247
00:12:08,840 --> 00:12:11,960
Speaker 2: about one point two million, just if you're in the market.

248
00:12:12,400 --> 00:12:21,680
Speaker 2: Six twenty one at news Talks EVBO.

249
00:12:19,040 --> 00:12:23,400
Speaker 1: The Vike Asking Breakfast Full Show podcast on iHeartRadio now

250
00:12:23,440 --> 00:12:24,640
Speaker 1: ad by News Talks FB.

251
00:12:26,240 --> 00:12:28,680
Speaker 2: The squeeze is on from Trump to Cuba. Cuba's running

252
00:12:28,720 --> 00:12:32,840
Speaker 2: out of fuel basically, and they can no longer refuel

253
00:12:32,840 --> 00:12:36,800
Speaker 2: international airlines. They got major shortages. They'll run out of

254
00:12:36,840 --> 00:12:40,360
Speaker 2: aviation fuel as of today kerosene shortage expected to persist

255
00:12:40,440 --> 00:12:43,199
Speaker 2: for the next month. All of the international airports in

256
00:12:43,240 --> 00:12:46,480
Speaker 2: Cuba are affected. So the squeeze is on. Sex twenty five.

257
00:12:46,559 --> 00:12:51,119
Speaker 1: Trending now with Squarehouse the Real House of Fragrances.

258
00:12:51,240 --> 00:12:53,679
Speaker 2: Super Bowl Sadly, it was like many Super Bowls, bit

259
00:12:53,679 --> 00:12:55,760
Speaker 2: of a disappointment, hardly any points in the first half,

260
00:12:55,760 --> 00:12:57,120
Speaker 2: and when they did flow in the second it was

261
00:12:57,120 --> 00:12:59,280
Speaker 2: all over basically, which is why we talk about the ads.

262
00:12:59,559 --> 00:13:01,760
Speaker 2: Analysts to have ranked the best and worst of them,

263
00:13:01,800 --> 00:13:04,920
Speaker 2: only nine got the tomp A rank. Best was deemed

264
00:13:04,920 --> 00:13:08,520
Speaker 2: to be Google's Gemini ad, which doesn't work for Radius.

265
00:13:08,520 --> 00:13:10,720
Speaker 2: I don't worry about it. That was followed by Pepsi's

266
00:13:11,400 --> 00:13:14,880
Speaker 2: work with a polar best synonymous with Coca cola, coming

267
00:13:14,880 --> 00:13:17,120
Speaker 2: to the realization he preferred the taste of PEPSI I

268
00:13:17,160 --> 00:13:19,120
Speaker 2: watched it. It was all right at best. I thought

269
00:13:19,120 --> 00:13:22,280
Speaker 2: it was highly predictable and nettlest fans loved the seemingly

270
00:13:22,320 --> 00:13:26,760
Speaker 2: renewed ad rivalry there. It was made by Taika Waititi.

271
00:13:26,840 --> 00:13:29,480
Speaker 2: So I suppose that's the thing. Nevatis got the number

272
00:13:29,480 --> 00:13:33,160
Speaker 2: three spot for the messaging and for the stars and

273
00:13:33,320 --> 00:13:38,000
Speaker 2: your life. See Tadans.

274
00:13:38,920 --> 00:13:40,080
Speaker 8: This relaxed.

275
00:13:40,520 --> 00:13:42,160
Speaker 2: I am so relaxed.

276
00:13:43,480 --> 00:13:52,199
Speaker 7: They're care free, calm, serene. You know what these Tadans

277
00:13:52,200 --> 00:13:56,160
Speaker 7: are so relaxed about christ Age cancer screenings. They've learned

278
00:13:56,160 --> 00:14:00,199
Speaker 7: there's a simple finger free blood test roughly one and

279
00:14:00,240 --> 00:14:02,440
Speaker 7: eight man would be day noos from prist a cancer

280
00:14:02,559 --> 00:14:05,199
Speaker 7: and I was one of them. I'm here today because

281
00:14:05,240 --> 00:14:05,960
Speaker 7: I caught it early.

282
00:14:06,960 --> 00:14:11,640
Speaker 6: Right, what I teach relaxer tate ad christ A cancer

283
00:14:11,640 --> 00:14:13,840
Speaker 6: screening starts with a simple blood test.

284
00:14:14,720 --> 00:14:18,120
Speaker 2: So Bruce Arians is the narrator there. He actually got

285
00:14:18,120 --> 00:14:20,800
Speaker 2: it and got tested, et cetera. Anyway, they've got George

286
00:14:20,840 --> 00:14:23,240
Speaker 2: Kettle in there, and Colby Parkinson and Greg Olsen, Rob

287
00:14:23,280 --> 00:14:26,240
Speaker 2: Gronkowski and Tony Gonzalez. These famous football players if you

288
00:14:26,240 --> 00:14:28,640
Speaker 2: don't follow the sport are The worst two ads were

289
00:14:28,680 --> 00:14:31,760
Speaker 2: from coinbase and ai dot com because no one actually

290
00:14:31,800 --> 00:14:35,360
Speaker 2: knew what they were advertising. The other one Bad Bunny.

291
00:14:36,640 --> 00:14:42,360
Speaker 2: Apart from him nice seat, I thought nice setting, but

292
00:14:42,520 --> 00:14:44,640
Speaker 2: you loved him or you hated him before he even started.

293
00:14:44,640 --> 00:14:46,800
Speaker 2: So that's how America operates the day. The other talking

294
00:14:46,840 --> 00:14:49,680
Speaker 2: point was Charlie Pooth, who did the national anthem worth

295
00:14:49,680 --> 00:14:53,560
Speaker 2: a listen might feature it later. He is no Chris Stapleton,

296
00:14:53,640 --> 00:14:55,680
Speaker 2: but that's the problem with Chris Staple. The Once Chris

297
00:14:55,720 --> 00:14:58,520
Speaker 2: Stapleton turned up, no one was ever going to be

298
00:14:58,600 --> 00:15:01,720
Speaker 2: Chris Staplon ever again. So maybe a little bit more

299
00:15:01,920 --> 00:15:04,400
Speaker 2: later news for you in a couple of moments. Then

300
00:15:04,400 --> 00:15:05,800
Speaker 2: we'll get into the business.

301
00:15:05,560 --> 00:15:12,400
Speaker 1: Of l MG, the newsmakers and the personalities the big names.

302
00:15:12,480 --> 00:15:17,480
Speaker 1: Talk to Mike the Mic asking breakfast with al Vida, retirement, communities,

303
00:15:17,680 --> 00:15:19,600
Speaker 1: life your Way, news, togs.

304
00:15:19,360 --> 00:15:21,440
Speaker 2: Head be I assume you're up with Jimmy Lai, who's

305
00:15:21,680 --> 00:15:23,240
Speaker 2: going to spend the rest of his life in prison

306
00:15:23,480 --> 00:15:25,280
Speaker 2: Hong Kong. Of course, he's seventy eight. He's been in

307
00:15:25,360 --> 00:15:27,720
Speaker 2: jail for the last five years waiting for this thing

308
00:15:27,760 --> 00:15:29,600
Speaker 2: to work. Its way through. They had some protests in

309
00:15:29,600 --> 00:15:31,480
Speaker 2: Hong Kong back in twenty nineteen. The Chinese had to

310
00:15:31,480 --> 00:15:33,280
Speaker 2: look at those protests in Hong Kong and went, we

311
00:15:33,280 --> 00:15:36,040
Speaker 2: don't like protests. I think we had better change the law.

312
00:15:36,080 --> 00:15:38,240
Speaker 2: So they changed the law and then they stuck them

313
00:15:38,240 --> 00:15:40,320
Speaker 2: in for twenty years, So at seventy eight plus twenty.

314
00:15:40,880 --> 00:15:43,440
Speaker 2: You know how that works in Europe. This morning, I

315
00:15:43,480 --> 00:15:46,680
Speaker 2: can tell you about the intensity high intensity warfare drills.

316
00:15:46,720 --> 00:15:49,280
Speaker 2: Catherine's we are shortly twenty three minutes away from seven

317
00:15:49,360 --> 00:15:53,640
Speaker 2: minutes time. Question, how concerned should we be about the

318
00:15:53,680 --> 00:15:56,840
Speaker 2: regional infrastructure money that's now tagged as at restort to

319
00:15:56,840 --> 00:15:58,920
Speaker 2: deployments for about this yesterday we're talking half a billion

320
00:15:58,960 --> 00:16:03,040
Speaker 2: dollars worth Crown regional holdings, suggesting half of the money

321
00:16:03,120 --> 00:16:05,840
Speaker 2: is at some risk of deplutment. Leggetts is the chief

322
00:16:05,840 --> 00:16:09,160
Speaker 2: executive of Infrastructure New Zealand and is with us Nick morning,

323
00:16:09,800 --> 00:16:12,120
Speaker 2: Hello Mike. So we've got two different things going on

324
00:16:12,240 --> 00:16:14,120
Speaker 2: here over the Prime Minister tried to explain them as

325
00:16:14,160 --> 00:16:17,480
Speaker 2: two different things. Ones that labor the regional growth thing

326
00:16:17,520 --> 00:16:20,560
Speaker 2: and this is slightly different. Are they different or are

327
00:16:20,600 --> 00:16:22,760
Speaker 2: they basically the same? And we should be worried.

328
00:16:23,400 --> 00:16:25,880
Speaker 11: Well, I think there's a mix of projects here, like

329
00:16:26,120 --> 00:16:28,800
Speaker 11: some of them, some of these loans that are held

330
00:16:28,800 --> 00:16:32,880
Speaker 11: by Crown Regional Holdings were about funding businesses. And I

331
00:16:32,920 --> 00:16:35,680
Speaker 11: don't know about you, Mike, but I always get nervous

332
00:16:35,720 --> 00:16:40,080
Speaker 11: when the government picks commercial winners because usually they don't.

333
00:16:40,600 --> 00:16:42,640
Speaker 11: But a lot of these of what are of course,

334
00:16:42,800 --> 00:16:46,440
Speaker 11: regional infrastructure projects, and I don't really think it matters.

335
00:16:46,600 --> 00:16:49,720
Speaker 11: You know which fund they came from. If they've gone

336
00:16:50,000 --> 00:16:55,760
Speaker 11: towards building infrastructure, they've probably done good work. But we

337
00:16:55,840 --> 00:16:59,800
Speaker 11: need to know what was the case that justified the investment,

338
00:17:00,040 --> 00:17:03,600
Speaker 11: and then are the investments actually providing the economic and

339
00:17:03,760 --> 00:17:07,680
Speaker 11: productivity gains that were envisaged? And I guess the problem

340
00:17:07,720 --> 00:17:11,000
Speaker 11: with all this is we just don't have that sense

341
00:17:11,040 --> 00:17:12,520
Speaker 11: of transparency here, do we?

342
00:17:12,680 --> 00:17:14,400
Speaker 2: No, we do not. So is that making it more

343
00:17:14,400 --> 00:17:15,800
Speaker 2: political than it does business?

344
00:17:16,200 --> 00:17:16,360
Speaker 11: Well?

345
00:17:16,400 --> 00:17:18,800
Speaker 10: Sense, Well, this is political, isn't it.

346
00:17:18,800 --> 00:17:22,679
Speaker 11: Because Crown Regional Holdings is just the holding companies for

347
00:17:22,760 --> 00:17:25,280
Speaker 11: the loans that government have given out. I don't think

348
00:17:25,440 --> 00:17:28,040
Speaker 11: we should beat up on them too much because they

349
00:17:28,040 --> 00:17:32,280
Speaker 11: haven't made these decisions. They're just overseeing the loans and

350
00:17:32,880 --> 00:17:36,680
Speaker 11: the structure of the lending and the obviously the payback.

351
00:17:37,640 --> 00:17:39,960
Speaker 11: What we should be looking at is how are these

352
00:17:40,240 --> 00:17:43,280
Speaker 11: have these investments performed? Because there is a case for

353
00:17:43,359 --> 00:17:49,440
Speaker 11: the government seeding particularly physical infrastructure projects with loans if

354
00:17:49,480 --> 00:17:52,280
Speaker 11: that's going to attract private investment, if it's in you know,

355
00:17:52,280 --> 00:17:55,600
Speaker 11: if you think about flood protection, or regional airports or

356
00:17:55,680 --> 00:17:59,080
Speaker 11: even some routing in some cases here, I think people

357
00:17:59,119 --> 00:18:01,679
Speaker 11: would agree that's a good investment in a country that

358
00:18:01,840 --> 00:18:05,359
Speaker 11: sometimes you know, small communities sometimes struggle to fund these things.

359
00:18:05,560 --> 00:18:07,880
Speaker 2: If I gave you four hundred and thirty three million

360
00:18:07,960 --> 00:18:10,639
Speaker 2: dollars though, and told you to do a proper job,

361
00:18:10,920 --> 00:18:13,280
Speaker 2: what percentage would you expect to be burnt?

362
00:18:15,320 --> 00:18:19,080
Speaker 11: Well, a lot less than fifty percent, right, And that's

363
00:18:19,119 --> 00:18:22,120
Speaker 11: to me. The question is, well, how the projects selected?

364
00:18:22,119 --> 00:18:23,920
Speaker 11: What were the and I mean I know that these

365
00:18:23,960 --> 00:18:25,879
Speaker 11: are sort of terms that they used a lot, but

366
00:18:25,920 --> 00:18:29,240
Speaker 11: what was the sort of the business case? And then

367
00:18:29,880 --> 00:18:31,960
Speaker 11: what we don't do in New Zealand for anything we

368
00:18:32,040 --> 00:18:34,280
Speaker 11: build is we don't look over our shoulder and understand

369
00:18:34,320 --> 00:18:37,879
Speaker 11: what the benefit was. And I don't think benefits or

370
00:18:37,920 --> 00:18:40,760
Speaker 11: potential benefits have been assessed properly here. Well, we wouldn't

371
00:18:40,800 --> 00:18:44,440
Speaker 11: know because we don't have that transparency. But also there

372
00:18:44,520 --> 00:18:47,600
Speaker 11: might be cases here where there might be some struggles

373
00:18:47,600 --> 00:18:51,000
Speaker 11: for payback, but actually that the project is doing its

374
00:18:51,119 --> 00:18:53,880
Speaker 11: job nonetheless because it's contributing to a local economy.

375
00:18:53,880 --> 00:18:55,399
Speaker 2: Do you worry, you say, don't be too hard on

376
00:18:55,440 --> 00:18:57,640
Speaker 2: the UCRH. Do you worry that they've not been able

377
00:18:57,680 --> 00:18:59,520
Speaker 2: to put their papers in on time because they can't

378
00:18:59,560 --> 00:19:01,120
Speaker 2: get them for isn't that a red flake?

379
00:19:01,359 --> 00:19:01,679
Speaker 10: Yeah?

380
00:19:01,800 --> 00:19:04,720
Speaker 11: Oh absolutely it is, and that's something we should be demanding.

381
00:19:05,080 --> 00:19:07,240
Speaker 11: But I mean, I suspect that was the nature of

382
00:19:07,280 --> 00:19:10,040
Speaker 11: how these investments were set up. And that's when I

383
00:19:10,119 --> 00:19:14,520
Speaker 11: say they are dealing They are dealing with somebody else's

384
00:19:15,000 --> 00:19:19,320
Speaker 11: mess in some cases, and what we've got to do

385
00:19:19,440 --> 00:19:23,640
Speaker 11: is keep demanding that they are accountable. But we've also

386
00:19:23,680 --> 00:19:26,400
Speaker 11: got to understand where the decisions were made and actually

387
00:19:26,440 --> 00:19:28,679
Speaker 11: why they were made. And I don't have a strong

388
00:19:28,760 --> 00:19:30,800
Speaker 11: sense of that because of course we don't have that

389
00:19:30,920 --> 00:19:34,400
Speaker 11: kind of detail clarity here and reporting we just sort

390
00:19:34,440 --> 00:19:36,600
Speaker 11: of you know, one or two might jump out because

391
00:19:36,640 --> 00:19:40,040
Speaker 11: the journalist does a good job at finding finding where

392
00:19:40,040 --> 00:19:42,800
Speaker 11: the money went, but it does seem more a little

393
00:19:42,840 --> 00:19:46,520
Speaker 11: but a little bit murky given that you know it

394
00:19:46,640 --> 00:19:47,800
Speaker 11: is half a billion dollars.

395
00:19:48,000 --> 00:19:49,280
Speaker 2: This is true. It nice to talk to you, Nick

396
00:19:49,280 --> 00:19:52,359
Speaker 2: pressure neck leg At, Chief Executive Infrastructure New Zealand. And

397
00:19:52,400 --> 00:19:54,919
Speaker 2: of course it goes to government credibility. With the last government,

398
00:19:54,960 --> 00:19:57,119
Speaker 2: you weren't expecting much and you just go, well that

399
00:19:57,240 --> 00:19:58,920
Speaker 2: was then, wasn't it. But this government it's a whole

400
00:19:58,920 --> 00:20:03,880
Speaker 2: different story. So watch this Space nineteen two, the.

401
00:20:03,960 --> 00:20:08,479
Speaker 1: Mike Hosking Breakfast Full Show podcast on iHeartRadio powered by

402
00:20:08,560 --> 00:20:09,320
Speaker 1: News Talks EP.

403
00:20:10,880 --> 00:20:13,240
Speaker 2: Not only did it rain, Hertzog was there in Sydney

404
00:20:13,320 --> 00:20:15,960
Speaker 2: yesterday and they lost the court battle. By the way,

405
00:20:15,960 --> 00:20:17,919
Speaker 2: the people who were going to court to have the

406
00:20:17,960 --> 00:20:19,679
Speaker 2: right to wander around and do whatever they want protest

407
00:20:19,720 --> 00:20:21,919
Speaker 2: wise lost so that's good. But nevertheless, it was a

408
00:20:21,920 --> 00:20:24,200
Speaker 2: fairly ugly day in Sydney and it's five day visit.

409
00:20:24,240 --> 00:20:27,040
Speaker 2: Also ugly in Canberra, despite the fact they patched up

410
00:20:27,080 --> 00:20:29,160
Speaker 2: the coalition and put it back together over the weekend.

411
00:20:29,240 --> 00:20:33,480
Speaker 2: Angus Taylor is going to move possibly as soon as tomorrow,

412
00:20:34,200 --> 00:20:36,919
Speaker 2: and he will be challenging Susan Lee. I'm assuming and

413
00:20:37,040 --> 00:20:41,679
Speaker 2: doing it. He's got the numbers. Senator Janet Hume possibly

414
00:20:41,760 --> 00:20:45,119
Speaker 2: his Deputy. I don't think that at this point is

415
00:20:45,160 --> 00:20:47,359
Speaker 2: going to this out of the poll yesterday. I don't

416
00:20:47,359 --> 00:20:49,359
Speaker 2: think at this point there will be a single member

417
00:20:49,400 --> 00:20:52,800
Speaker 2: of the House of Representatives from Victoria. There won't be

418
00:20:52,840 --> 00:20:55,240
Speaker 2: a single member of the House from New South Wales.

419
00:20:55,440 --> 00:20:58,480
Speaker 2: Something has got to give and that will unfold in

420
00:20:58,520 --> 00:20:59,320
Speaker 2: the next twenty four hours.

421
00:20:59,320 --> 00:21:04,240
Speaker 12: Six international correspondence with ins and Eye Insurance, peace of

422
00:21:04,280 --> 00:21:06,480
Speaker 12: mind for New Zealand business and a duel liver the.

423
00:21:06,520 --> 00:21:08,399
Speaker 2: Place now in France, Catherine, how are you?

424
00:21:09,200 --> 00:21:10,960
Speaker 13: I'm good, thanks, Mikeelus.

425
00:21:11,080 --> 00:21:14,160
Speaker 2: These warfare drills, how and teens? How big and where

426
00:21:14,200 --> 00:21:14,560
Speaker 2: are they?

427
00:21:15,359 --> 00:21:18,040
Speaker 13: Oh? Very intense at the moment they've just started. They're

428
00:21:18,080 --> 00:21:24,000
Speaker 13: evolving around twelve thousand military. It's a high intensity maneuver,

429
00:21:24,200 --> 00:21:27,440
Speaker 13: this one on the like that we've probably never seen before.

430
00:21:27,920 --> 00:21:30,959
Speaker 13: The reason that French military say it's such high intensity

431
00:21:31,160 --> 00:21:35,320
Speaker 13: is that there's never been this confluence of threats at

432
00:21:35,320 --> 00:21:39,240
Speaker 13: this level before, the deterioration of the international landscape. It

433
00:21:39,359 --> 00:21:42,120
Speaker 13: is so serious. They say that they've spent the last

434
00:21:42,119 --> 00:21:46,320
Speaker 13: couple of years putting this together. Well, it's already started.

435
00:21:46,400 --> 00:21:48,600
Speaker 13: In the west of France on the Atlantic coast. We've

436
00:21:48,640 --> 00:21:50,919
Speaker 13: got that happening at the moment. It's going to go

437
00:21:50,960 --> 00:21:54,600
Speaker 13: on now, Mike, for about two months in this phase

438
00:21:54,640 --> 00:21:56,840
Speaker 13: that we're not going to see much, and then in

439
00:21:56,880 --> 00:21:59,040
Speaker 13: April we're going to see the really big one, which

440
00:21:59,080 --> 00:22:01,720
Speaker 13: is when the French hand over control of this high

441
00:22:01,800 --> 00:22:05,439
Speaker 13: intensity drill to NATO, and then you're going to have

442
00:22:05,560 --> 00:22:08,359
Speaker 13: all the NATO countries have evolved. It's going to go

443
00:22:08,640 --> 00:22:11,280
Speaker 13: from the west of France on the Atlantic coast and

444
00:22:11,280 --> 00:22:13,800
Speaker 13: it's going to you're going to have tanks sweeping across

445
00:22:14,640 --> 00:22:19,240
Speaker 13: past Powers to Champagne, just to work out how exactly

446
00:22:19,640 --> 00:22:22,960
Speaker 13: they're going to be up to speed as a dissuasion force.

447
00:22:23,119 --> 00:22:26,159
Speaker 13: And as a way of saying, listen, you know NATO

448
00:22:26,320 --> 00:22:30,040
Speaker 13: trains all the time, various countries come together, but they

449
00:22:30,080 --> 00:22:32,600
Speaker 13: need to practice for the real thing now. And we're

450
00:22:32,600 --> 00:22:36,760
Speaker 13: going to see four Asian and of course Australia is

451
00:22:36,800 --> 00:22:39,760
Speaker 13: going to be part of that big move here in April.

452
00:22:40,119 --> 00:22:42,280
Speaker 13: And also the other big thing, of course, which everyone

453
00:22:42,359 --> 00:22:44,920
Speaker 13: is worried about now is cybersecurity. Part of that is

454
00:22:44,960 --> 00:22:47,640
Speaker 13: also they're going to be training for what happens when

455
00:22:47,680 --> 00:22:51,280
Speaker 13: an enemy takes down all of the possibility of people

456
00:22:51,320 --> 00:22:52,840
Speaker 13: to be able to phone one another, how can they

457
00:22:52,880 --> 00:22:56,000
Speaker 13: get their messages across things that are part of day

458
00:22:56,040 --> 00:22:58,520
Speaker 13: to day. And another big thing is this reflects this

459
00:22:58,680 --> 00:23:01,320
Speaker 13: coalition of the willing that's been set up. If need

460
00:23:01,359 --> 00:23:03,119
Speaker 13: be to go and help in Ukraine.

461
00:23:03,320 --> 00:23:05,240
Speaker 2: Now talk to me about the football, because, as it

462
00:23:05,280 --> 00:23:07,200
Speaker 2: turns out, I'm going to be in the States during

463
00:23:07,240 --> 00:23:09,280
Speaker 2: the football. Not that I'm there for the football, but anyway,

464
00:23:09,320 --> 00:23:11,720
Speaker 2: I've been going through this particular process dealing with the

465
00:23:11,760 --> 00:23:14,360
Speaker 2: States these days, getting visa's ist does all that sort

466
00:23:14,359 --> 00:23:16,560
Speaker 2: of thing. I'm assuming the French are keen on the

467
00:23:16,560 --> 00:23:17,280
Speaker 2: football still.

468
00:23:18,160 --> 00:23:21,560
Speaker 13: Oh you just look around Europe, the big countries when

469
00:23:21,560 --> 00:23:25,080
Speaker 13: it comes to football, of what France, Italy, Germany, and

470
00:23:25,160 --> 00:23:29,400
Speaker 13: they're all just really digesting this new rule that anyone

471
00:23:29,440 --> 00:23:32,720
Speaker 13: wanting to get this special type of visa, the Esta visa,

472
00:23:32,840 --> 00:23:35,320
Speaker 13: which used to be very easy to get, so they're

473
00:23:35,320 --> 00:23:38,119
Speaker 13: now possibly going to have to hand over five years

474
00:23:38,200 --> 00:23:44,480
Speaker 13: worth of social media postings. The absolute safety as well,

475
00:23:44,480 --> 00:23:48,640
Speaker 13: people are looking at concerns about going to the United States.

476
00:23:49,000 --> 00:23:52,280
Speaker 13: Germany one of the first countries to put out an

477
00:23:52,280 --> 00:23:56,080
Speaker 13: official advisory at the risk of violence when in the US.

478
00:23:56,640 --> 00:23:59,760
Speaker 13: So not only the possibility that punters are being put

479
00:23:59,760 --> 00:24:02,879
Speaker 13: off my ticket prices, but also this visa and the

480
00:24:02,920 --> 00:24:06,359
Speaker 13: personal security. Looking at the latest figures, Mike, you just

481
00:24:06,359 --> 00:24:09,600
Speaker 13: look at France, sixty two percent of French people disapprove

482
00:24:09,640 --> 00:24:13,159
Speaker 13: of everything going on in the US, Italy sixty three percent,

483
00:24:13,400 --> 00:24:18,720
Speaker 13: Germany seventy two percent. Big football nations ken to support

484
00:24:18,720 --> 00:24:20,800
Speaker 13: their teams abroad, particularly at the World Cup.

485
00:24:21,080 --> 00:24:25,040
Speaker 2: Exactly. Now, this this identical twin thing, is this for real?

486
00:24:25,160 --> 00:24:26,679
Speaker 2: So you got the double murder? This is this has

487
00:24:26,680 --> 00:24:28,360
Speaker 2: got Netflix written or library. Doesn't it?

488
00:24:28,480 --> 00:24:32,040
Speaker 13: It does, doesn't it yet? Two well identical twins thirty

489
00:24:32,080 --> 00:24:36,360
Speaker 13: three years old, born from the same fertilized egg, identical DNA.

490
00:24:36,560 --> 00:24:40,120
Speaker 13: They're on trial, accused of conspiracy to plot a double murder.

491
00:24:40,960 --> 00:24:44,200
Speaker 13: The DNA was found on the assault rifle not long

492
00:24:44,240 --> 00:24:47,480
Speaker 13: after the shooting back in twenty twenty. Police can't tell

493
00:24:47,520 --> 00:24:50,240
Speaker 13: the difference. They have no idea of knowing that. All

494
00:24:50,320 --> 00:24:52,919
Speaker 13: the police will say is they suspect it was a

495
00:24:53,040 --> 00:24:55,840
Speaker 13: drug dealing dispute. They suspect you, and this was a

496
00:24:55,880 --> 00:24:57,840
Speaker 13: double murder. And there were some other people who were

497
00:24:57,840 --> 00:24:59,600
Speaker 13: injured in the punt. They said, they just.

498
00:24:59,720 --> 00:25:00,440
Speaker 11: Do not know.

499
00:25:00,520 --> 00:25:04,359
Speaker 13: Technology has not got to that point yet. Of course

500
00:25:04,400 --> 00:25:06,920
Speaker 13: they've said that the police are saying only their mom

501
00:25:07,040 --> 00:25:10,520
Speaker 13: can tell them apart that apparently therese because have several

502
00:25:10,560 --> 00:25:15,080
Speaker 13: times been accused of swapping clothes and telephones and ID

503
00:25:15,280 --> 00:25:18,520
Speaker 13: documents in case there are in troubles and only their

504
00:25:18,600 --> 00:25:21,720
Speaker 13: mum can tell them apart. But their mum cannot come

505
00:25:21,760 --> 00:25:22,520
Speaker 13: to help on this one.

506
00:25:22,640 --> 00:25:24,680
Speaker 2: No, no, I do not catch up sin Cathermin appreciate it,

507
00:25:24,720 --> 00:25:28,359
Speaker 2: Catherine Fields. She's back Thursday doing the business for Joe Disney. Interestingly,

508
00:25:28,440 --> 00:25:32,000
Speaker 2: the other day when they made their announcement, said we've

509
00:25:32,040 --> 00:25:35,000
Speaker 2: got problems at the parks. Parks are going well, but

510
00:25:35,200 --> 00:25:36,760
Speaker 2: our problem at the parks at the moment is the

511
00:25:36,800 --> 00:25:40,439
Speaker 2: international visitors because of course this whole Trump thing social

512
00:25:40,480 --> 00:25:44,840
Speaker 2: media is having a very real material effect on people's

513
00:25:44,840 --> 00:25:47,720
Speaker 2: attitude towards going to America, and they're going to have

514
00:25:47,760 --> 00:25:50,320
Speaker 2: to pump up the local advertising and marketing to try

515
00:25:50,359 --> 00:25:52,800
Speaker 2: and get more Americans into their parks to counteract the

516
00:25:52,920 --> 00:25:55,760
Speaker 2: number of internationals who are no longer going to their parks.

517
00:25:55,800 --> 00:25:58,000
Speaker 2: Having said that, I applied for MYSTA the other day

518
00:25:58,000 --> 00:26:00,800
Speaker 2: and they came back the exact same day. And for

519
00:26:00,880 --> 00:26:02,840
Speaker 2: Katy as well and said welcome to America. Have a

520
00:26:02,840 --> 00:26:04,760
Speaker 2: great time. So I'm just not sure how much of

521
00:26:04,800 --> 00:26:05,960
Speaker 2: its real versus theory.

522
00:26:06,119 --> 00:26:10,080
Speaker 1: Ten away from the Mike Hosking Breakfast with al Vida

523
00:26:10,200 --> 00:26:12,640
Speaker 1: Retirement Communities News Togstad.

524
00:26:12,160 --> 00:26:13,960
Speaker 2: Be if you can be bothered, look up the photo

525
00:26:14,000 --> 00:26:16,680
Speaker 2: of Eugenie's crown that was part of the big robbery

526
00:26:16,760 --> 00:26:18,760
Speaker 2: from the lever. Anyway, they found the crown. While the

527
00:26:18,760 --> 00:26:21,600
Speaker 2: crown got dropped, they found nothing else, which says something

528
00:26:21,600 --> 00:26:23,920
Speaker 2: about the constabulary eyes to spect. Anyway, the crown looks

529
00:26:23,920 --> 00:26:27,320
Speaker 2: really weird. It's crushed, it's still got it's missing one

530
00:26:27,359 --> 00:26:29,879
Speaker 2: of the eight golden eagles, It's still got the fifty

531
00:26:29,880 --> 00:26:32,200
Speaker 2: six emeralds and all but ten of its thirteen hundred

532
00:26:32,200 --> 00:26:34,119
Speaker 2: and fifty four diamonds. But it's a weird looking photo.

533
00:26:34,200 --> 00:26:36,439
Speaker 2: So have a look at that Starma. He's meeting his

534
00:26:36,560 --> 00:26:40,320
Speaker 2: MPs tonight. So there's a couple of things in play here. Options.

535
00:26:40,359 --> 00:26:43,240
Speaker 2: What have we got formal challenge. For a formal challenge,

536
00:26:43,280 --> 00:26:46,000
Speaker 2: you need twenty percent of the party's MPs to nominate

537
00:26:46,040 --> 00:26:49,720
Speaker 2: a single candidate. That's eighty They may be close to that.

538
00:26:50,440 --> 00:26:52,000
Speaker 2: A lot of anger within the party and he's got

539
00:26:52,000 --> 00:26:55,119
Speaker 2: a very large caucus. He could resign the current thinking.

540
00:26:55,240 --> 00:26:58,000
Speaker 2: There was a word yesterday that Lord Blanket remember him,

541
00:26:58,600 --> 00:26:59,959
Speaker 2: was suggesting he was going to have a word with

542
00:27:00,200 --> 00:27:03,000
Speaker 2: missus over the weekend, and that may lead somewhere. What

543
00:27:03,040 --> 00:27:05,160
Speaker 2: they call the women in gray suits, that's a delegation.

544
00:27:05,359 --> 00:27:09,320
Speaker 2: The women, particularly in the Labor Party caucus, are ropable

545
00:27:09,400 --> 00:27:12,760
Speaker 2: about what's happened with Mandelssohn, so they could be at

546
00:27:12,800 --> 00:27:16,440
Speaker 2: play a voter confidence bad knock Tory has offered the

547
00:27:16,480 --> 00:27:19,040
Speaker 2: Labor MP's the option of tabling a vote of no confidence.

548
00:27:19,080 --> 00:27:20,719
Speaker 2: Problem with that is it may well pass, and if

549
00:27:20,720 --> 00:27:23,040
Speaker 2: it does, the whole government goes, which was my theory

550
00:27:23,040 --> 00:27:25,480
Speaker 2: at the start of the show. And then a coordinated

551
00:27:25,520 --> 00:27:29,520
Speaker 2: series of ministerial resignations other words, one person comes, then another,

552
00:27:29,640 --> 00:27:32,120
Speaker 2: then another. Then it becomes a fatal complex. So all

553
00:27:32,160 --> 00:27:34,320
Speaker 2: of those options are at play. More with Rod shorty

554
00:27:34,320 --> 00:27:35,760
Speaker 2: five away from seven.

555
00:27:36,760 --> 00:27:41,040
Speaker 1: All the ins and the outs. It's the biz with business, Tabor,

556
00:27:41,240 --> 00:27:43,880
Speaker 1: take your business productivity to the next low.

557
00:27:43,760 --> 00:27:47,000
Speaker 2: Back to the world of cast Delantis, the shares, it's

558
00:27:47,040 --> 00:27:50,160
Speaker 2: a nightmare. They own Jeep krhys La Maserati, among others.

559
00:27:50,160 --> 00:27:52,480
Speaker 2: I think fiots in there as well, could be lunch up.

560
00:27:53,280 --> 00:27:55,960
Speaker 2: They would take a forty three billion dollar hit thanks

561
00:27:55,960 --> 00:27:58,480
Speaker 2: to all their failed investments and evs they're the latest.

562
00:27:58,480 --> 00:28:00,399
Speaker 2: I mean, everyone's taken a hit. Forward took thirty two

563
00:28:00,480 --> 00:28:03,920
Speaker 2: billion in December GM eleven and a half in January

564
00:28:03,960 --> 00:28:06,560
Speaker 2: of this year. Are but stillantis are taking a bath.

565
00:28:06,600 --> 00:28:09,359
Speaker 2: Their yeares are down as much as thirty percent. So

566
00:28:09,960 --> 00:28:13,400
Speaker 2: where are they've poured them back today? It's bounced back

567
00:28:14,040 --> 00:28:18,520
Speaker 2: by zero point four to nine percent. Anyway, The CEO said,

568
00:28:18,800 --> 00:28:22,440
Speaker 2: Europe's appetite for evs is low than expected. The US

569
00:28:22,480 --> 00:28:24,879
Speaker 2: appetite for evs has never been a thing at all.

570
00:28:25,480 --> 00:28:30,680
Speaker 2: His name's Felusa Antnio Luisa. A couple of things that well,

571
00:28:30,720 --> 00:28:32,240
Speaker 2: I mean, we've worked it all out, he says. The

572
00:28:32,359 --> 00:28:36,760
Speaker 2: chargers largely reflect the cost of overestimating the pace of

573
00:28:36,920 --> 00:28:40,040
Speaker 2: energy transition. In other words, that slash talk for no

574
00:28:40,120 --> 00:28:43,280
Speaker 2: one wants an ev end quote. Evs need to be

575
00:28:43,320 --> 00:28:47,280
Speaker 2: governed by demand rather than command, which is very true.

576
00:28:47,320 --> 00:28:49,880
Speaker 2: Of course. At some point somebody's going to hire a

577
00:28:49,960 --> 00:28:53,440
Speaker 2: lawyer surely and go, how is it We've had all

578
00:28:53,440 --> 00:28:56,240
Speaker 2: of these billions of dollars of value wiped out of

579
00:28:56,280 --> 00:29:01,600
Speaker 2: our companies because some dickhead and Brussel decided that EV's

580
00:29:01,640 --> 00:29:03,680
Speaker 2: were the future when we knew full well as a

581
00:29:03,800 --> 00:29:06,880
Speaker 2: company who've been making cars for decades of not hundreds

582
00:29:06,880 --> 00:29:09,520
Speaker 2: of years, that no one was going to buy them

583
00:29:09,600 --> 00:29:11,720
Speaker 2: in the numbers they needed to buy them for them

584
00:29:11,760 --> 00:29:13,800
Speaker 2: to be a viable business. I mean, how many billions

585
00:29:13,800 --> 00:29:16,720
Speaker 2: have been written off because of just politicians? Basically an

586
00:29:16,800 --> 00:29:21,960
Speaker 2: ideology speaking of which building some infrastructure and new Plymouth

587
00:29:22,000 --> 00:29:23,720
Speaker 2: by next year. What do you reckon? That's about a

588
00:29:24,080 --> 00:29:25,680
Speaker 2: what do you reckon the odds of that happening? Arshall

589
00:29:25,680 --> 00:29:28,080
Speaker 2: ope and a book on that. We'll talk to one

590
00:29:28,120 --> 00:29:30,560
Speaker 2: of the power company people. This is all Llenerg and

591
00:29:30,600 --> 00:29:32,840
Speaker 2: then the minister. That's right after the news which is

592
00:29:32,920 --> 00:29:34,280
Speaker 2: next year in news talks.

593
00:29:34,240 --> 00:29:39,280
Speaker 1: Ing credible, compelling, the breakfast show you can't miss. It's

594
00:29:39,360 --> 00:29:43,320
Speaker 1: the Mic Hosking Breakfast with the Defender embraced the impossible

595
00:29:43,400 --> 00:29:44,240
Speaker 1: news talks had.

596
00:29:44,120 --> 00:29:46,520
Speaker 2: Be warning seven past seven, so l G Years go.

597
00:29:46,760 --> 00:29:49,200
Speaker 2: New facility to be built in Taranaki Ellergy is part

598
00:29:49,200 --> 00:29:51,160
Speaker 2: of the buffer plan for the dry years. Contracts are

599
00:29:51,200 --> 00:29:53,720
Speaker 2: due to be signed mid year, Completion targeted for next year.

600
00:29:53,760 --> 00:29:56,240
Speaker 2: The bill's about a billion dollars. Mike Fuji is the

601
00:29:56,280 --> 00:29:59,440
Speaker 2: CEO at Contact Energy and is with us. Good morning morning, Mike.

602
00:29:59,480 --> 00:30:01,640
Speaker 2: How are you very well? Indeed, is this a good idea?

603
00:30:02,960 --> 00:30:06,600
Speaker 14: Yes, it's sensible, let's put it that way. It's not

604
00:30:06,680 --> 00:30:10,160
Speaker 14: the only solution. But the important thing is it just

605
00:30:10,360 --> 00:30:13,640
Speaker 14: adds to the overall security of our energy spine this country.

606
00:30:13,720 --> 00:30:16,040
Speaker 14: So I'd classified as sensible.

607
00:30:16,400 --> 00:30:19,720
Speaker 2: Reassure people who wonder why we need to build something

608
00:30:19,720 --> 00:30:22,600
Speaker 2: that will only be used occasionally, and how that makes

609
00:30:22,640 --> 00:30:25,800
Speaker 2: sense business wise. Look, it just.

610
00:30:25,760 --> 00:30:29,880
Speaker 14: Removes the drama out of the system. And I think

611
00:30:29,920 --> 00:30:34,080
Speaker 14: that's the important thing is that when prices have spiked

612
00:30:34,160 --> 00:30:37,560
Speaker 14: very high, when we end up dispatching diesel into the

613
00:30:37,600 --> 00:30:42,880
Speaker 14: electricity system, and when gas suppliers can't get gas, gas

614
00:30:43,000 --> 00:30:46,400
Speaker 14: users can't get gas, everyone gets very uptight. And this

615
00:30:46,600 --> 00:30:50,720
Speaker 14: just brings a rationality to the market. We're not worrying

616
00:30:50,760 --> 00:30:51,560
Speaker 14: about tomorrow.

617
00:30:52,520 --> 00:30:54,920
Speaker 2: Can you what happened to the argument that Huntley solved it?

618
00:30:55,000 --> 00:30:56,840
Speaker 2: So you guys do a deal. There's plenty of coal.

619
00:30:56,920 --> 00:30:59,520
Speaker 2: Huntley is the backup, that's the problem solved? Is that

620
00:30:59,600 --> 00:31:00,000
Speaker 2: not true?

621
00:31:00,960 --> 00:31:03,680
Speaker 14: Look, I think it's one solution. You need many solutions

622
00:31:03,680 --> 00:31:06,360
Speaker 14: so that it's not one solution. So that's all you've

623
00:31:06,360 --> 00:31:09,800
Speaker 14: got Huntley. You've got the demand flex of the smelter.

624
00:31:10,760 --> 00:31:13,880
Speaker 14: We'd like to see increased operating ranges on our hydro

625
00:31:14,000 --> 00:31:17,240
Speaker 14: lakes and this is just another part of that suite

626
00:31:17,440 --> 00:31:22,320
Speaker 14: of solutions. And so there's good risk mitigation if something

627
00:31:22,360 --> 00:31:26,080
Speaker 14: goes wrong with Huntley, if there is another unexpected shortage

628
00:31:26,080 --> 00:31:28,600
Speaker 14: of gas. This just solve that.

629
00:31:28,960 --> 00:31:32,360
Speaker 2: Can you go to the market periodically for LNG and

630
00:31:32,440 --> 00:31:35,040
Speaker 2: simply say hey, we're back, give us sum. Does it

631
00:31:35,080 --> 00:31:36,640
Speaker 2: work that you.

632
00:31:36,600 --> 00:31:38,320
Speaker 14: Can do anything you like as long as you're willing

633
00:31:38,360 --> 00:31:42,520
Speaker 14: to pay for it is the general mantra. But yes,

634
00:31:42,600 --> 00:31:44,520
Speaker 14: you will be able to get spot sales. I think

635
00:31:44,560 --> 00:31:49,280
Speaker 14: the thing about LNG is that our winter coincides with

636
00:31:49,360 --> 00:31:52,719
Speaker 14: the Northern Hemisphere summer, and so there is lower demand

637
00:31:52,720 --> 00:31:55,840
Speaker 14: for LNG in the North and so there probably will

638
00:31:55,880 --> 00:31:59,440
Speaker 14: be both cargoes available at that time or.

639
00:31:59,400 --> 00:32:02,200
Speaker 2: There are more lights to be The Minister's assurances that

640
00:32:02,240 --> 00:32:04,040
Speaker 2: we're all going to save in the long run true

641
00:32:04,120 --> 00:32:04,840
Speaker 2: or not, do you think?

642
00:32:06,000 --> 00:32:10,080
Speaker 14: Look, I think the certainty will certainly reduce prices. I

643
00:32:10,120 --> 00:32:13,200
Speaker 14: think what's important is that the cost of it is

644
00:32:13,240 --> 00:32:15,880
Speaker 14: spread as widely as possible. At the moment, I think

645
00:32:15,920 --> 00:32:19,280
Speaker 14: they're proposing that it goes just to electricity users. I

646
00:32:19,320 --> 00:32:22,320
Speaker 14: think all GUS users should be helping pay for it.

647
00:32:22,760 --> 00:32:24,960
Speaker 14: And I think the other thing that's really important is

648
00:32:25,000 --> 00:32:28,200
Speaker 14: that if they could keep bipartisan support, because in the

649
00:32:28,280 --> 00:32:31,200
Speaker 14: energy sector, these investments are long term. They don't run

650
00:32:31,240 --> 00:32:33,160
Speaker 14: on a three year cycle. And I think those are

651
00:32:33,160 --> 00:32:35,240
Speaker 14: the two things that I try and tweak and improve.

652
00:32:35,320 --> 00:32:37,920
Speaker 2: OK, appreciate your insight. Mike Fus, who's the chief executive

653
00:32:37,960 --> 00:32:40,840
Speaker 2: at Contact ten minutes past seven. Task getting the government

654
00:32:40,840 --> 00:32:43,280
Speaker 2: line around the payment for the facility is ultimately we're

655
00:32:43,280 --> 00:32:44,920
Speaker 2: all going to save. It's about two to four dollars

656
00:32:44,960 --> 00:32:46,800
Speaker 2: a megal with our eventually we save two hundred and

657
00:32:46,840 --> 00:32:49,440
Speaker 2: sixty five million dollars a year. Simon Watts is the minister.

658
00:32:49,520 --> 00:32:52,760
Speaker 2: Good morning, Very good morning, Mike, so Fo says, bipartisan.

659
00:32:52,840 --> 00:32:55,480
Speaker 2: Have you got bipartisan supporter? You don't know at the stage.

660
00:32:56,240 --> 00:32:56,480
Speaker 10: Oh.

661
00:32:56,520 --> 00:32:59,880
Speaker 15: Look, I've briefed Labor and the Greens, but as we know,

662
00:33:00,800 --> 00:33:04,600
Speaker 15: their policy and energies are pretty gray, so they haven't

663
00:33:04,640 --> 00:33:06,640
Speaker 15: said to me where they're at on this policy.

664
00:33:06,800 --> 00:33:09,400
Speaker 2: He would also like to see all gas users help

665
00:33:09,440 --> 00:33:10,640
Speaker 2: pay for this way, aren't they.

666
00:33:11,480 --> 00:33:13,960
Speaker 15: Well, the reality is this is an insurance policy for

667
00:33:14,000 --> 00:33:17,840
Speaker 15: the electricity sector. Gas users and industry users are the

668
00:33:17,880 --> 00:33:19,800
Speaker 15: ones to get impacted in the dry year because the

669
00:33:19,880 --> 00:33:22,920
Speaker 15: energy companies can buy at any price, So we need

670
00:33:22,960 --> 00:33:26,760
Speaker 15: to protect industry by having this capability. We think the

671
00:33:26,760 --> 00:33:29,160
Speaker 15: electricity sector should be the one that pays this insurance

672
00:33:29,160 --> 00:33:31,200
Speaker 15: policy because it's for energy security.

673
00:33:31,360 --> 00:33:34,080
Speaker 2: Can't they protect themselves? I mean, this is the gent

674
00:33:34,080 --> 00:33:36,600
Speaker 2: Taylor argument, isn't it. They've got no reason to protect themselves.

675
00:33:36,640 --> 00:33:39,080
Speaker 2: They're happy in a dry year simply to launch the

676
00:33:39,200 --> 00:33:40,600
Speaker 2: spot price to the moon and back.

677
00:33:41,280 --> 00:33:43,960
Speaker 15: We haven't got sufficient dry year cover. I think that

678
00:33:44,000 --> 00:33:44,720
Speaker 15: the points.

679
00:33:44,400 --> 00:33:45,840
Speaker 11: Being raised will isn't Huntly enough.

680
00:33:45,840 --> 00:33:48,080
Speaker 15: Well, Huntly covers fifty percent of the problem.

681
00:33:48,120 --> 00:33:48,800
Speaker 10: We need more.

682
00:33:49,160 --> 00:33:52,960
Speaker 15: We've got a truckload of gas generation capacity out there,

683
00:33:53,000 --> 00:33:54,680
Speaker 15: which we haven't got a fuel to run in a

684
00:33:54,720 --> 00:33:58,640
Speaker 15: dry yet. In twenty twenty four, gas Peak was only

685
00:33:58,720 --> 00:34:02,880
Speaker 15: running at sixty five capacity. Mike, that's insane. It was

686
00:34:02,920 --> 00:34:04,800
Speaker 15: only running at sixty five because we didn't have the

687
00:34:04,840 --> 00:34:07,720
Speaker 15: fuel to run it. And you know how price is spiked.

688
00:34:07,760 --> 00:34:09,799
Speaker 15: That's why we need got certainty of volume in the

689
00:34:09,800 --> 00:34:10,480
Speaker 15: Sydney supply.

690
00:34:10,640 --> 00:34:13,080
Speaker 2: How much disparity of view is there? I read over

691
00:34:13,120 --> 00:34:15,160
Speaker 2: the summer period and I was reassured by it. And

692
00:34:15,239 --> 00:34:16,640
Speaker 2: I can't remember who it was. It could have been

693
00:34:16,680 --> 00:34:20,080
Speaker 2: the Meridian Head anyway, he said the Huntly deal solves

694
00:34:20,320 --> 00:34:24,920
Speaker 2: the problem. How can he say that? And you say, no, all.

695
00:34:24,760 --> 00:34:27,319
Speaker 15: The reality is is it covers fifty percent.

696
00:34:27,480 --> 00:34:32,480
Speaker 2: And that how can we undred fifty? Who do I

697
00:34:32,520 --> 00:34:33,040
Speaker 2: believe that?

698
00:34:33,040 --> 00:34:33,120
Speaker 16: That?

699
00:34:33,680 --> 00:34:37,040
Speaker 15: Well, you believe me because that's the advice that we've.

700
00:34:36,880 --> 00:34:40,719
Speaker 2: Got truth, Simon, Mike.

701
00:34:40,840 --> 00:34:43,560
Speaker 15: We don't want to be reliant on one fuel either, right,

702
00:34:43,760 --> 00:34:46,200
Speaker 15: More options gives us more diversity, and that gives us

703
00:34:46,280 --> 00:34:47,040
Speaker 15: more resilience.

704
00:34:47,160 --> 00:34:47,279
Speaker 16: Right.

705
00:34:47,320 --> 00:34:48,840
Speaker 15: We don't want to just have one all their eggs

706
00:34:48,840 --> 00:34:51,359
Speaker 15: in one basket either. But you know, you look at

707
00:34:51,360 --> 00:34:54,319
Speaker 15: the gas price in the international market, we're going into

708
00:34:54,320 --> 00:34:57,440
Speaker 15: an oversupply position. The US have got a lot of

709
00:34:57,560 --> 00:35:00,959
Speaker 15: lergy coming into the mark the market, Australia have got

710
00:35:01,520 --> 00:35:04,920
Speaker 15: plenty of supply coming online. So you know, the outlook

711
00:35:04,960 --> 00:35:09,440
Speaker 15: for LNG supply on international markets is also heading in

712
00:35:09,480 --> 00:35:13,600
Speaker 15: the right direction. Bison in the winter and obviously that's

713
00:35:13,640 --> 00:35:14,920
Speaker 15: the European somehow.

714
00:35:14,719 --> 00:35:17,239
Speaker 2: Okay, Yeah, so that partially answers my next question because

715
00:35:17,239 --> 00:35:19,080
Speaker 2: the East Coast of Australia, East and seabord of Australia

716
00:35:19,120 --> 00:35:20,840
Speaker 2: has got major problems around prices of L and G

717
00:35:20,920 --> 00:35:22,640
Speaker 2: because the West will want to sell it to Europe

718
00:35:22,680 --> 00:35:25,200
Speaker 2: and stuff. You're confident you can dip in, which is

719
00:35:25,200 --> 00:35:27,760
Speaker 2: what we would be doing, dip into the LNG market

720
00:35:28,040 --> 00:35:31,120
Speaker 2: and not be bled dry at the price level.

721
00:35:31,960 --> 00:35:34,640
Speaker 15: Now, the feedback that I've had from the International Energy Agency,

722
00:35:35,239 --> 00:35:39,200
Speaker 15: and we're talking with them regularly, is actually the reality

723
00:35:39,280 --> 00:35:42,320
Speaker 15: is we're seeing an oversupply coming into the market because

724
00:35:42,640 --> 00:35:45,800
Speaker 15: primarily the big players are saying, look, we need gas

725
00:35:46,080 --> 00:35:48,920
Speaker 15: domestically and we need plenty of it, and that's going

726
00:35:48,960 --> 00:35:50,640
Speaker 15: to benefit a country like New Zealand as well.

727
00:35:50,680 --> 00:35:52,640
Speaker 2: I want to be positive, Simon, but when I watched

728
00:35:52,640 --> 00:35:54,799
Speaker 2: you yesterday's stand up at the pulpit of truth there

729
00:35:54,800 --> 00:35:57,040
Speaker 2: in the Beehive Theater and tell me that this thing's

730
00:35:57,040 --> 00:35:59,040
Speaker 2: really by next year, I bet you one hundred bucks.

731
00:35:59,080 --> 00:36:01,160
Speaker 2: It isn't. I'd wish it was, but it isn't. Why

732
00:36:01,160 --> 00:36:03,480
Speaker 2: are you saying this because.

733
00:36:03,160 --> 00:36:06,480
Speaker 15: The proposals that we've had from the entities that are

734
00:36:06,480 --> 00:36:10,480
Speaker 15: all international players have provided us timelines of when they

735
00:36:10,480 --> 00:36:12,879
Speaker 15: can make this happen. The key piece of asset that's

736
00:36:12,880 --> 00:36:17,000
Speaker 15: required is an effective barginership that will come from overseas,

737
00:36:17,640 --> 00:36:20,320
Speaker 15: and no surprise that those aren't available all the time,

738
00:36:20,880 --> 00:36:24,520
Speaker 15: but the companies are putting bids up there have said

739
00:36:24,520 --> 00:36:26,680
Speaker 15: that the availability of that. So that's the key piece

740
00:36:26,719 --> 00:36:30,040
Speaker 15: of kit that needs to be procured, and then we

741
00:36:30,080 --> 00:36:32,680
Speaker 15: look at the enabling stuff which we can and believe

742
00:36:33,040 --> 00:36:34,480
Speaker 15: can be done within the timeline.

743
00:36:34,800 --> 00:36:38,560
Speaker 2: Other thing I understand that no one would disagree. That's

744
00:36:38,640 --> 00:36:40,480
Speaker 2: just whether we can or not. The other thing I

745
00:36:40,480 --> 00:36:42,480
Speaker 2: think you might have got caught up on yesterday is

746
00:36:42,520 --> 00:36:45,600
Speaker 2: those pesky journalists tried to bait you and trap you.

747
00:36:46,320 --> 00:36:49,279
Speaker 2: Was the cheaper thing. You sound like you're saying that

748
00:36:49,320 --> 00:36:52,359
Speaker 2: power will become cheaper. It won't, and you know it

749
00:36:52,440 --> 00:36:55,280
Speaker 2: will it It will just potentially go up less.

750
00:36:56,080 --> 00:36:58,840
Speaker 15: Well, what we're doing, though, is that the levey that

751
00:36:58,920 --> 00:37:01,680
Speaker 15: we'll use to fund them the structure will not be

752
00:37:01,800 --> 00:37:06,040
Speaker 15: passed on to households, because households will see a net savings.

753
00:37:06,120 --> 00:37:08,680
Speaker 15: The advice that we have is that having this capability

754
00:37:08,680 --> 00:37:12,480
Speaker 15: in terminal and effect is an insurance policy will have

755
00:37:12,640 --> 00:37:15,840
Speaker 15: a downward impact on the overall price of energy in

756
00:37:15,880 --> 00:37:18,799
Speaker 15: the region of minimum ten dollars per mega one hour,

757
00:37:19,080 --> 00:37:20,920
Speaker 15: and the cost of the levees to ten one is

758
00:37:20,960 --> 00:37:24,280
Speaker 15: two's eight positive mic and that's positive fail.

759
00:37:24,480 --> 00:37:28,239
Speaker 2: So what's preventing and this is the energy companies once again,

760
00:37:28,320 --> 00:37:31,319
Speaker 2: they're throwing billions into this business of renewables. We've got

761
00:37:31,320 --> 00:37:33,359
Speaker 2: so many renewables in half a dozen years. We never

762
00:37:33,440 --> 00:37:35,120
Speaker 2: use the L and G. You built something for nothing.

763
00:37:36,239 --> 00:37:38,200
Speaker 15: Well, the reality is renewables are nice, but the sun

764
00:37:38,239 --> 00:37:41,040
Speaker 15: doesn't shine during the night, and that's when we need

765
00:37:41,440 --> 00:37:44,239
Speaker 15: a famine capacity and thermal capacity in the dry year,

766
00:37:44,280 --> 00:37:46,160
Speaker 15: or we don't have enough water in those lakes. We

767
00:37:46,280 --> 00:37:50,560
Speaker 15: have to make that from either gas, eesel or coal.

768
00:37:50,640 --> 00:37:52,719
Speaker 15: Only covers fifty percent of us, we've still got a

769
00:37:52,760 --> 00:37:55,840
Speaker 15: massive gap. That's why there's a price premium, and people's built.

770
00:37:56,080 --> 00:37:58,920
Speaker 15: Having the certainty of supply of gas to come into

771
00:37:59,000 --> 00:38:04,239
Speaker 15: that market we need it means that at risk is

772
00:38:04,320 --> 00:38:08,320
Speaker 15: mitigated and therefore that price premium that some people's bills

773
00:38:08,360 --> 00:38:11,200
Speaker 15: comes off. That's the rationale of what we're doing here.

774
00:38:11,280 --> 00:38:14,759
Speaker 15: This is a strategic investment also for national security because

775
00:38:14,800 --> 00:38:18,640
Speaker 15: guess what if you can't have energy, then other aspects

776
00:38:18,640 --> 00:38:20,759
Speaker 15: to economies at risk, and we've got to protect those

777
00:38:20,960 --> 00:38:24,759
Speaker 15: industries that can't run on coal. Surprisingly can't run on electricity.

778
00:38:24,760 --> 00:38:28,000
Speaker 15: There's a lot of industry, heavy industry. It needs gas

779
00:38:28,600 --> 00:38:31,000
Speaker 15: and if we haven't got it domestically in the short term,

780
00:38:31,160 --> 00:38:32,440
Speaker 15: we need to be able to import it.

781
00:38:32,719 --> 00:38:36,319
Speaker 2: Okay, appreciate Simon. What's credibility issues? Do you feel the

782
00:38:36,320 --> 00:38:38,960
Speaker 2: credibility issues around this one. It's not a bad idea,

783
00:38:38,960 --> 00:38:41,400
Speaker 2: it's not the end of the world. It just doesn't

784
00:38:41,520 --> 00:38:43,200
Speaker 2: vibe right to me. I'll explain what I mean in

785
00:38:43,239 --> 00:38:45,480
Speaker 2: the moment, but you're all your feedback so far as

786
00:38:45,520 --> 00:38:48,160
Speaker 2: the if you think we're building something between now and

787
00:38:48,239 --> 00:38:51,239
Speaker 2: next year and getting it ready, no one believes it.

788
00:38:51,440 --> 00:38:57,520
Speaker 2: Sixteen past the mic asking Breakfast Full Show podcast on iHeartRadio,

789
00:38:57,719 --> 00:39:00,840
Speaker 2: Howard By News Talks that be Mike, I can't understand

790
00:39:00,880 --> 00:39:02,400
Speaker 2: what you're saying about a no show of building L

791
00:39:02,480 --> 00:39:04,440
Speaker 2: and G plant in twelve months. However, I do think

792
00:39:04,480 --> 00:39:06,320
Speaker 2: we have a better show than the infamous one hundred

793
00:39:06,320 --> 00:39:09,160
Speaker 2: thousand houses. That's probably true, but making a comparison doesn't

794
00:39:09,160 --> 00:39:11,919
Speaker 2: really change anything. Does it? Still A seven out of ten? Mike,

795
00:39:12,000 --> 00:39:14,080
Speaker 2: not a bad question, luck and see I asked him yesterday.

796
00:39:14,080 --> 00:39:15,320
Speaker 2: I said, what do you reckon? This is out of

797
00:39:15,360 --> 00:39:18,040
Speaker 2: ten this announcement coming today, said urrickon's a seven, and

798
00:39:18,080 --> 00:39:20,680
Speaker 2: I think he's probably right. All good stuff, Mike, And

799
00:39:21,200 --> 00:39:23,960
Speaker 2: about time government's invested in infrastructure for the future. But

800
00:39:24,040 --> 00:39:26,520
Speaker 2: given this is an election year, how's this going to

801
00:39:26,520 --> 00:39:29,000
Speaker 2: make keeps feel better before November? Well, it's not about that.

802
00:39:29,760 --> 00:39:31,560
Speaker 2: It's a fair question, but it's not about that. This

803
00:39:31,600 --> 00:39:33,560
Speaker 2: would this government would see themselves as a two or

804
00:39:33,600 --> 00:39:36,719
Speaker 2: three term government. It's bigger picture stuff. It's solving long

805
00:39:36,840 --> 00:39:38,839
Speaker 2: term problems. You can't do it all in the first term.

806
00:39:38,920 --> 00:39:41,760
Speaker 2: So that's what that's about. Hosey, thanks for calling me Hossey.

807
00:39:42,120 --> 00:39:44,239
Speaker 2: We need the labor solution. See, I can see why

808
00:39:44,239 --> 00:39:45,759
Speaker 2: you called me Hosey. You're one of these people. We

809
00:39:45,840 --> 00:39:48,200
Speaker 2: need the labour solution. Build the Lake Oslow pumping station.

810
00:39:48,280 --> 00:39:50,239
Speaker 2: Are you serious, Mike? How does the cost of the

811
00:39:50,400 --> 00:39:53,719
Speaker 2: L and G plant cost compare to Lake Onslow? This

812
00:39:53,760 --> 00:39:55,840
Speaker 2: is part of the problem with politics. You've got to

813
00:39:55,880 --> 00:39:59,040
Speaker 2: re explain everything. Onslow was sixteen billion dollars. When I

814
00:39:59,040 --> 00:40:01,480
Speaker 2: say sixteen billion, that was the labor party estimate. So

815
00:40:01,520 --> 00:40:03,960
Speaker 2: in reality it's thirty two billion. This is one and

816
00:40:04,000 --> 00:40:06,799
Speaker 2: even if they're wrong, it's two. It's two v thirty two.

817
00:40:06,920 --> 00:40:10,360
Speaker 2: Get real? When has the power price gone down? Never correct?

818
00:40:10,400 --> 00:40:12,000
Speaker 2: That's why I made the point, and I think he

819
00:40:12,080 --> 00:40:14,719
Speaker 2: got caught there a little bit yesterday. It's not about

820
00:40:14,719 --> 00:40:17,160
Speaker 2: the price going down, it's about the price not going

821
00:40:17,239 --> 00:40:18,640
Speaker 2: up as much as it used to.

822
00:40:18,920 --> 00:40:25,760
Speaker 1: Seven The Mike Asking Breakfast Full Show podcast on iHeartRadio,

823
00:40:26,080 --> 00:40:27,480
Speaker 1: Call it by NEWSTALKSP.

824
00:40:29,680 --> 00:40:32,280
Speaker 2: Now, if you're a business leader determined to grow profitable

825
00:40:32,280 --> 00:40:34,160
Speaker 2: market share, chances are that you're going to need to

826
00:40:34,160 --> 00:40:36,920
Speaker 2: increase your win rate with the old tenders and the RFPs.

827
00:40:37,000 --> 00:40:39,120
Speaker 2: Right now winning responses to RFPs, What does that do?

828
00:40:39,160 --> 00:40:41,680
Speaker 2: Will it tires at the top people? They're under intense

829
00:40:41,719 --> 00:40:44,080
Speaker 2: response time pressure. No guarantee of success of course, So

830
00:40:44,200 --> 00:40:47,600
Speaker 2: question how can you maximize your return on that investment

831
00:40:47,640 --> 00:40:49,959
Speaker 2: in time? Well, one net is your answer. One Net's

832
00:40:49,960 --> 00:40:52,200
Speaker 2: got as sister company. That company is called Grizzly AI,

833
00:40:52,600 --> 00:40:54,560
Speaker 2: and they've gone and built the safe and secure software

834
00:40:54,560 --> 00:40:56,759
Speaker 2: for risk averse businesses that will aw to make your

835
00:40:56,800 --> 00:41:00,279
Speaker 2: tender at RFP responses with the AI Now Grizzly software

836
00:41:00,600 --> 00:41:03,480
Speaker 2: means you can create winning proposals, do it faster and

837
00:41:03,560 --> 00:41:06,319
Speaker 2: at a lower cost much higher success rate. You don't

838
00:41:06,320 --> 00:41:08,319
Speaker 2: want to be the last among your competitors to use

839
00:41:08,360 --> 00:41:10,360
Speaker 2: AI to help you win the tenders and the RFP

840
00:41:10,480 --> 00:41:12,920
Speaker 2: get amongst So if you need to grow your profitable

841
00:41:13,120 --> 00:41:15,520
Speaker 2: market share one net, dot co dot in z, you'll

842
00:41:15,560 --> 00:41:18,560
Speaker 2: get the complementary consultation to assess how your business can

843
00:41:18,640 --> 00:41:22,480
Speaker 2: win more our refps. Where's Grizzly with Grizzly AI. So

844
00:41:22,600 --> 00:41:26,120
Speaker 2: one net Grizzly AI online at one neet, dot co,

845
00:41:26,200 --> 00:41:29,120
Speaker 2: dot in z helping you to succeed in business with

846
00:41:29,400 --> 00:41:33,480
Speaker 2: aim pasking seven twenty four Now Keywi Saver as a newsmaker.

847
00:41:33,520 --> 00:41:36,120
Speaker 2: Of course, it's making news at the moment because of

848
00:41:36,120 --> 00:41:38,840
Speaker 2: the so called hardship withdrawals. Bad news is an easy headline,

849
00:41:38,840 --> 00:41:40,400
Speaker 2: of course, that's why it's getting covered so much. But

850
00:41:40,400 --> 00:41:43,279
Speaker 2: what is less covered or covered less is the bulk

851
00:41:43,320 --> 00:41:44,400
Speaker 2: of the Kiwi Saber story.

852
00:41:44,440 --> 00:41:44,680
Speaker 13: I e.

853
00:41:44,800 --> 00:41:47,239
Speaker 2: Lots of people are and the returns are growing and

854
00:41:47,320 --> 00:41:49,120
Speaker 2: for most people it's a half decent way to save

855
00:41:49,160 --> 00:41:51,960
Speaker 2: for the long term basis. But also in the latest

856
00:41:52,000 --> 00:41:55,120
Speaker 2: quarterly statements, this is for the December quarter. By the way,

857
00:41:55,560 --> 00:41:57,840
Speaker 2: is a fun fact that those who like to fixate

858
00:41:57,880 --> 00:41:59,799
Speaker 2: on competitional lack of it could do with looking at

859
00:41:59,840 --> 00:42:02,640
Speaker 2: now Kiwi Saber and those who run the various funds

860
00:42:02,880 --> 00:42:04,640
Speaker 2: is not a lot different too if you think about it,

861
00:42:04,680 --> 00:42:07,640
Speaker 2: banking or supermarkets, or air lines or telcos of power companies.

862
00:42:07,640 --> 00:42:09,879
Speaker 2: In other words, if you want to, you can ask

863
00:42:09,880 --> 00:42:13,040
Speaker 2: some questions around competition. This government, like the last one,

864
00:42:13,120 --> 00:42:16,239
Speaker 2: has been fixated with competition or lack of it. They've

865
00:42:16,239 --> 00:42:19,480
Speaker 2: investigated it, jawboned it, threatened it sometimes introduced rules and

866
00:42:19,560 --> 00:42:23,479
Speaker 2: laws to change it, and yet punter's choice rarely gets

867
00:42:23,480 --> 00:42:26,799
Speaker 2: given the waiting it deserves or should. In Kiwisaber there

868
00:42:26,840 --> 00:42:29,520
Speaker 2: are about twenty five providers right and yet as it

869
00:42:29,520 --> 00:42:32,279
Speaker 2: turns out, five have the bulk of our money. Why

870
00:42:32,680 --> 00:42:35,160
Speaker 2: is there a lack of competition? Clearly not. In fact,

871
00:42:35,280 --> 00:42:38,680
Speaker 2: three of the top five are the banks or the

872
00:42:38,719 --> 00:42:40,920
Speaker 2: irony we hate the book where we hate the banks,

873
00:42:41,239 --> 00:42:42,799
Speaker 2: the banks rip us off. The banks are to be

874
00:42:42,840 --> 00:42:45,879
Speaker 2: treated with the utmost suspicion if only we had more

875
00:42:45,920 --> 00:42:48,960
Speaker 2: competition with banks and in Kiwi Saber ah hold on

876
00:42:49,000 --> 00:42:51,240
Speaker 2: we do, and yet we can't flock to the banks

877
00:42:51,280 --> 00:42:53,480
Speaker 2: fast enough with our life savings.

878
00:42:53,520 --> 00:42:53,640
Speaker 16: Now.

879
00:42:53,680 --> 00:42:55,879
Speaker 2: The lesson here, I think if any of us want

880
00:42:55,880 --> 00:42:58,520
Speaker 2: to learn it around power companies and banks and insurance

881
00:42:58,719 --> 00:43:02,840
Speaker 2: is basically where moaning is easier than doing something about

882
00:43:02,840 --> 00:43:03,280
Speaker 2: our problem.

883
00:43:03,360 --> 00:43:03,480
Speaker 16: Now.

884
00:43:03,520 --> 00:43:06,560
Speaker 2: The laziness is never better exemplified and Kiwi saber than

885
00:43:06,600 --> 00:43:09,000
Speaker 2: with the ridiculous number of default accounts. Of course, people

886
00:43:09,040 --> 00:43:12,520
Speaker 2: who can't even be bothered picking a fund twenty five providers,

887
00:43:12,880 --> 00:43:15,280
Speaker 2: five of them have sixty five percent of the business.

888
00:43:15,280 --> 00:43:17,439
Speaker 2: That's ninety billion dollars of the one hundred and forty

889
00:43:17,440 --> 00:43:21,000
Speaker 2: five billion under stewardship. Are we exercised? Are we worried?

890
00:43:21,120 --> 00:43:24,440
Speaker 2: Do we even realize? Don't look now, but they actually

891
00:43:24,440 --> 00:43:27,640
Speaker 2: do quite a good job as well. Five billion was

892
00:43:27,680 --> 00:43:30,839
Speaker 2: added in the past quarter. Unless you're in bitcoin, of course,

893
00:43:30,880 --> 00:43:33,600
Speaker 2: then we'll fall you over the past decade. If you

894
00:43:33,640 --> 00:43:35,760
Speaker 2: were in the right fund, these figures tell us yesterday.

895
00:43:35,760 --> 00:43:37,680
Speaker 2: If you're in the right fund, you've been getting about

896
00:43:37,800 --> 00:43:41,600
Speaker 2: nine percent every year fourteen years. Almost sounds like a

897
00:43:41,600 --> 00:43:46,560
Speaker 2: model at works. Could be the competition Posking, Mike, why

898
00:43:46,640 --> 00:43:48,840
Speaker 2: is that you keep saying the LNG terminal are built?

899
00:43:49,160 --> 00:43:51,520
Speaker 2: Is next year your News Department saying early twenty eight

900
00:43:53,000 --> 00:43:56,160
Speaker 2: he covered himself off, did Simon by saying it'll be

901
00:43:56,200 --> 00:44:01,400
Speaker 2: ready next year or at the outside twenty eight lang

902
00:44:01,560 --> 00:44:04,560
Speaker 2: makes sense. Already two big businesses have had to close

903
00:44:04,600 --> 00:44:07,000
Speaker 2: down through lack of gas labor. Did us over closing

904
00:44:07,040 --> 00:44:09,800
Speaker 2: the gas fields of war broke out? We'd need national security.

905
00:44:09,840 --> 00:44:13,759
Speaker 2: There's no question that this is a good news thing.

906
00:44:14,239 --> 00:44:17,520
Speaker 2: There is a debate around who pays for it. We're

907
00:44:17,560 --> 00:44:19,040
Speaker 2: paying for it. By the way, if you haven't got

908
00:44:19,040 --> 00:44:20,960
Speaker 2: that one, there is a debate then whether it's a

909
00:44:21,000 --> 00:44:23,359
Speaker 2: levy or a tax. I don't really want to go there.

910
00:44:23,400 --> 00:44:25,040
Speaker 2: We all know it's a tax. It can be called

911
00:44:25,040 --> 00:44:26,800
Speaker 2: a leve You can call a levy at tax attacks

912
00:44:26,840 --> 00:44:28,920
Speaker 2: a levee. But you and I are paying for it.

913
00:44:29,320 --> 00:44:32,000
Speaker 2: Part of the gen Taylor issue is that particular problem.

914
00:44:32,040 --> 00:44:33,920
Speaker 2: They could pay for it, Could they pay for it? Well,

915
00:44:33,920 --> 00:44:35,880
Speaker 2: they could, but they wouldn't because you know, then they

916
00:44:35,880 --> 00:44:39,080
Speaker 2: wouldn't see the spot price rise. And so the argument goes.

917
00:44:39,320 --> 00:44:43,360
Speaker 1: No fluff, just facts and fierce debate. The Mic Hosking

918
00:44:43,400 --> 00:44:48,120
Speaker 1: Breakfast with Bailey's real Estate altogether better across residential, commercial

919
00:44:48,239 --> 00:44:49,759
Speaker 1: and rural news. Togs Head been.

920
00:44:49,840 --> 00:44:52,800
Speaker 2: I got to get to the pole yesterday because there's

921
00:44:52,800 --> 00:44:55,040
Speaker 2: something important that's happening in polling at the moment that

922
00:44:55,080 --> 00:44:57,000
Speaker 2: you need to know about and think about next time

923
00:44:57,000 --> 00:44:59,799
Speaker 2: a poll is out, especially given comments that were made

924
00:44:59,840 --> 00:45:01,239
Speaker 2: of weekend. But I'll come back to that in just

925
00:45:01,239 --> 00:45:03,200
Speaker 2: a couple of moments. Yesterday we stuck up the photo

926
00:45:03,239 --> 00:45:07,160
Speaker 2: of sav Andrew Sevil and I won't tell you what

927
00:45:07,400 --> 00:45:09,440
Speaker 2: he's doing in it, but it's on our is it's

928
00:45:09,440 --> 00:45:11,600
Speaker 2: still on our Facebook page. On our Facebook page, go

929
00:45:11,600 --> 00:45:12,759
Speaker 2: to the my Costing and Breakfast page.

930
00:45:12,760 --> 00:45:14,080
Speaker 17: It's a scandalous kind of thing.

931
00:45:14,280 --> 00:45:19,160
Speaker 2: It's pretty scandalous, and certain circumstances if he was certain times,

932
00:45:19,160 --> 00:45:21,640
Speaker 2: certain places, you know, you'd be going, oh really, what

933
00:45:21,800 --> 00:45:25,840
Speaker 2: was going on there? That sort of stuff broke back Mountain,

934
00:45:25,960 --> 00:45:28,560
Speaker 2: says Greg. A lot of feedback on this. Grant says

935
00:45:28,560 --> 00:45:31,120
Speaker 2: it's woody, which when you see it's quite funny. That's

936
00:45:31,120 --> 00:45:34,680
Speaker 2: actually probably the funniest comment. And says Rhido Techs, which

937
00:45:34,760 --> 00:45:36,719
Speaker 2: is not bad either. Kate says, nothing like a bit

938
00:45:36,760 --> 00:45:39,799
Speaker 2: of Timu and the wardrobe save. Karen goes, oh wow,

939
00:45:39,880 --> 00:45:45,880
Speaker 2: what a cutie, which Karen, it's simply not true. So don't.

940
00:45:45,920 --> 00:45:47,160
Speaker 17: There's a lot of weird people out here.

941
00:45:47,200 --> 00:45:47,799
Speaker 2: Yeah, that's true.

942
00:45:47,800 --> 00:45:49,120
Speaker 17: Brach taste, that is true.

943
00:45:49,120 --> 00:45:52,279
Speaker 2: Brits is still eating donuts now, yes he is, but

944
00:45:52,360 --> 00:45:54,799
Speaker 2: that's not fair. You don't say that stuff. I mean,

945
00:45:54,880 --> 00:46:00,200
Speaker 2: yes he is. Kevin Goes looks like Merv Smith. I

946
00:46:00,280 --> 00:46:03,080
Speaker 2: don't think is technically true, but it makes me laugh. Christine,

947
00:46:03,080 --> 00:46:05,680
Speaker 2: that's country. That's country. And Peter says, is that a

948
00:46:05,680 --> 00:46:07,640
Speaker 2: sevil row suit? Is that funny or not? Is that

949
00:46:07,760 --> 00:46:09,120
Speaker 2: there joke? Is that a sevil rot?

950
00:46:09,160 --> 00:46:11,879
Speaker 17: Probably it's that it's a better as an audio joke

951
00:46:11,920 --> 00:46:12,759
Speaker 17: than it because.

952
00:46:12,600 --> 00:46:18,480
Speaker 2: Yeah, anyway, it's on the Facebook page twenty two to eight.

953
00:46:19,360 --> 00:46:22,360
Speaker 2: So the peach dumping business and investigations found cheap Chinese

954
00:46:22,360 --> 00:46:25,600
Speaker 2: peachers have been done by this company, J and G International,

955
00:46:25,680 --> 00:46:28,160
Speaker 2: and it's caused material harms in New Zealand's industry. So

956
00:46:28,200 --> 00:46:31,040
Speaker 2: that's their finding. This first came to our attention when

957
00:46:31,080 --> 00:46:33,120
Speaker 2: what is of course you remember last year stopped buying

958
00:46:33,160 --> 00:46:36,520
Speaker 2: local fruit from local growers. Now Paul Painter is the

959
00:46:36,600 --> 00:46:39,959
Speaker 2: Yummy Fruit Company general manager and he's with us on this. Paul,

960
00:46:40,040 --> 00:46:40,960
Speaker 2: very good morning to you.

961
00:46:41,680 --> 00:46:42,200
Speaker 16: Good morning.

962
00:46:42,440 --> 00:46:45,600
Speaker 2: Is this getting enough attention? Well?

963
00:46:45,640 --> 00:46:48,239
Speaker 16: Probably not. I mean I think that in general we

964
00:46:48,440 --> 00:46:51,160
Speaker 16: like to assume a wonderful world of free trade and

965
00:46:51,600 --> 00:46:53,960
Speaker 16: honest dealings, and that isn't the world we live in.

966
00:46:54,160 --> 00:46:56,319
Speaker 2: No, and when what he said or did what they

967
00:46:56,400 --> 00:46:58,400
Speaker 2: did last year, was that a major red flag that

968
00:46:58,400 --> 00:47:02,520
Speaker 2: people should have acted on more than they have pants.

969
00:47:02,680 --> 00:47:04,680
Speaker 16: Well, I think it reflects a whole lot of things.

970
00:47:04,680 --> 00:47:07,440
Speaker 16: What is have reduced quite a number of contracts, and

971
00:47:07,480 --> 00:47:12,000
Speaker 16: that reflects all sorts of dynamics here. Sydney cyclone Gabrielle

972
00:47:12,560 --> 00:47:14,359
Speaker 16: scared them off and forced them to go and seek

973
00:47:14,400 --> 00:47:19,680
Speaker 16: the supply elsewhere. New Zealand's unfortunately got relatively high levels

974
00:47:19,680 --> 00:47:23,799
Speaker 16: of land costs, labor costs, energy costs, and that's a

975
00:47:23,800 --> 00:47:26,799
Speaker 16: big collor for what is the huge gas users, and

976
00:47:26,880 --> 00:47:29,839
Speaker 16: that's back in the news as well. And I know

977
00:47:29,880 --> 00:47:35,239
Speaker 16: they've priced up a biomass burner for energy, but you know,

978
00:47:35,360 --> 00:47:37,560
Speaker 16: what's that going to cost twenty million? I don't know.

979
00:47:37,719 --> 00:47:40,320
Speaker 16: And so they apparently haven't made any money since twenty

980
00:47:40,400 --> 00:47:43,160
Speaker 16: twenty one. So there's a whole lot of threats here

981
00:47:43,360 --> 00:47:46,280
Speaker 16: and New Zealand has to be a more business friendly

982
00:47:46,400 --> 00:47:49,040
Speaker 16: environment in the obvious place that we've made a real

983
00:47:49,080 --> 00:47:52,480
Speaker 16: mess of things with energy. It's killing me some of

984
00:47:52,480 --> 00:47:57,040
Speaker 16: the sawmills and many other industrial businesses like it is

985
00:47:57,040 --> 00:47:59,920
Speaker 16: in Durumdy or the UK, and so gas suppliers.

986
00:48:00,120 --> 00:48:01,400
Speaker 10: Is it the heart of that, isn't it?

987
00:48:01,400 --> 00:48:03,560
Speaker 2: Ironically we're talking about gas. We weren't going to talk

988
00:48:03,600 --> 00:48:05,680
Speaker 2: about gas, but we're now talking about gas. But your

989
00:48:05,719 --> 00:48:09,040
Speaker 2: example of Watties and their pricing and the land use

990
00:48:09,080 --> 00:48:12,160
Speaker 2: and stuff, is that about cheaper product from offshore? So

991
00:48:12,239 --> 00:48:16,239
Speaker 2: that's a competition thing versus dumping, which is a separate thing,

992
00:48:16,280 --> 00:48:16,600
Speaker 2: isn't it?

993
00:48:17,480 --> 00:48:17,640
Speaker 8: Yeah?

994
00:48:17,680 --> 00:48:21,200
Speaker 16: Absolutely? But I understand these products have been sourced directly

995
00:48:21,239 --> 00:48:23,319
Speaker 16: by the supermarkets and they're not going to really ask

996
00:48:23,360 --> 00:48:26,160
Speaker 16: too many questions. They're going to say to their friends

997
00:48:26,160 --> 00:48:28,040
Speaker 16: in China, what's it a deal with? Give me on

998
00:48:28,080 --> 00:48:31,080
Speaker 16: a can of peaches. But I think the important thing

999
00:48:31,080 --> 00:48:34,239
Speaker 16: for the Zealand consumer to do is be aware of

1000
00:48:34,280 --> 00:48:36,799
Speaker 16: the difference in quality and then go out tomorrow buy

1001
00:48:36,800 --> 00:48:38,440
Speaker 16: yourself a can of Watties and a can of the

1002
00:48:38,520 --> 00:48:41,279
Speaker 16: Chinese stuff, and you eat them. It's light and day.

1003
00:48:41,320 --> 00:48:42,600
Speaker 16: It really is, is it?

1004
00:48:42,680 --> 00:48:42,879
Speaker 8: Really?

1005
00:48:42,960 --> 00:48:44,520
Speaker 2: Because I was going to say the problem with the

1006
00:48:44,520 --> 00:48:46,919
Speaker 2: consumer is the consumer's driven by a price, right or wrong.

1007
00:48:47,000 --> 00:48:48,160
Speaker 2: That's how it works, isn't it.

1008
00:48:49,040 --> 00:48:49,200
Speaker 3: Well?

1009
00:48:49,239 --> 00:48:52,560
Speaker 16: One of boring, So I went out and bought the watties,

1010
00:48:52,640 --> 00:48:55,640
Speaker 16: the South African fruits and the Chinese fruit, and the

1011
00:48:55,680 --> 00:48:59,640
Speaker 16: South African fruits kind of passable. Chinese fruits pretty rubbishy

1012
00:49:00,040 --> 00:49:02,440
Speaker 16: and what IS stuff is demonstrably the best, It's no

1013
00:49:02,480 --> 00:49:05,640
Speaker 16: doubt about that. But there's no doubt there's a living

1014
00:49:05,680 --> 00:49:08,560
Speaker 16: costs pressure and people looking for a cheap option.

1015
00:49:08,680 --> 00:49:11,600
Speaker 2: Yeah, exactly. But coming back to this investigation, So when

1016
00:49:11,600 --> 00:49:14,000
Speaker 2: what IS did what they did last year, the investigation

1017
00:49:14,160 --> 00:49:17,960
Speaker 2: was launched, dumping was found and material harm to New

1018
00:49:18,000 --> 00:49:19,720
Speaker 2: Zealand's industry was also found.

1019
00:49:20,080 --> 00:49:26,480
Speaker 16: What happens then, Well, they make a finding, they propose

1020
00:49:27,760 --> 00:49:31,040
Speaker 16: some sort of duty to right the wrongs, and then

1021
00:49:31,080 --> 00:49:33,480
Speaker 16: they review their findings. So and I suppose they'll get

1022
00:49:33,480 --> 00:49:35,200
Speaker 16: a couple of comments and the Chinese get a bit

1023
00:49:35,239 --> 00:49:38,600
Speaker 16: scared and pontificate for a while. So these things take

1024
00:49:38,600 --> 00:49:41,360
Speaker 16: an awfully long period of time, at which time the

1025
00:49:41,440 --> 00:49:45,960
Speaker 16: damage has basically already been done. And there's people now

1026
00:49:45,960 --> 00:49:48,120
Speaker 16: who've already pulled out their peatures that are planning to

1027
00:49:48,160 --> 00:49:50,719
Speaker 16: do so this coming winter. And so you know, it's

1028
00:49:50,719 --> 00:49:53,759
Speaker 16: not like you can instantly right that wrong with the past.

1029
00:49:53,800 --> 00:49:58,879
Speaker 16: It's done its damage, and predatory pricing is well demonstrated

1030
00:49:58,880 --> 00:50:01,400
Speaker 16: around the world. You go in there cheap, you kill

1031
00:50:01,440 --> 00:50:03,960
Speaker 16: off an industry and then you basically you own it.

1032
00:50:04,040 --> 00:50:07,840
Speaker 16: So it's a good strategy, but it is quite corrupt.

1033
00:50:08,000 --> 00:50:10,200
Speaker 2: So if I had a minister on from the government

1034
00:50:10,480 --> 00:50:13,000
Speaker 2: and they go, no, we've got laws around this, you're

1035
00:50:13,000 --> 00:50:15,040
Speaker 2: telling me it's they're kind of pointless laws because they

1036
00:50:15,080 --> 00:50:15,960
Speaker 2: don't achieve anything.

1037
00:50:17,200 --> 00:50:20,960
Speaker 16: Well, ultimately they will because they're going to provide a

1038
00:50:21,000 --> 00:50:24,520
Speaker 16: more level playing field. But it's quite possible that what

1039
00:50:24,719 --> 00:50:27,280
Speaker 16: is get out of the game entirely in the films

1040
00:50:27,320 --> 00:50:31,440
Speaker 16: of time, particularly the economics of running a big business

1041
00:50:31,480 --> 00:50:34,319
Speaker 16: like that. And they've reduced corn, they've reduced beech food,

1042
00:50:34,800 --> 00:50:37,520
Speaker 16: a lot of empty land here in Hooks Bay where

1043
00:50:37,560 --> 00:50:40,000
Speaker 16: the cropping bolumes have been reduced. There's a point at

1044
00:50:40,000 --> 00:50:42,719
Speaker 16: which a big factory like that doesn't work anymore. So

1045
00:50:42,880 --> 00:50:45,239
Speaker 16: I think the biggest threat of all is if you

1046
00:50:45,360 --> 00:50:48,239
Speaker 16: have a whole lot of these products that are not

1047
00:50:48,360 --> 00:50:51,239
Speaker 16: working or in decline, one day they say we'll see

1048
00:50:51,239 --> 00:50:53,920
Speaker 16: you around, and that would be more devastating than the

1049
00:50:54,400 --> 00:50:56,920
Speaker 16: in the nineteen Days closes of the freezing works here

1050
00:50:56,920 --> 00:51:00,200
Speaker 16: in Hooks Bay, huge employer, certainly in the top three

1051
00:51:00,239 --> 00:51:02,720
Speaker 16: or four employers at Hook's pay, and that'll be seriously

1052
00:51:02,760 --> 00:51:03,280
Speaker 16: bad news.

1053
00:51:03,480 --> 00:51:07,600
Speaker 2: Is dumping going on beyond Peaches, Oh, certain of it now.

1054
00:51:07,600 --> 00:51:09,120
Speaker 16: I mean Donald Trump's a bit of a peg, but

1055
00:51:09,280 --> 00:51:11,600
Speaker 16: he's right. It's not a level plain field out there,

1056
00:51:11,760 --> 00:51:13,880
Speaker 16: there's no doubt. I mean, you can go down and

1057
00:51:13,920 --> 00:51:17,280
Speaker 16: buy a very good value bottle of wine from Europe

1058
00:51:17,480 --> 00:51:20,200
Speaker 16: and you're thinking, how they're doing it this cheap, And

1059
00:51:20,239 --> 00:51:22,040
Speaker 16: you can do that with quite a range of products.

1060
00:51:22,080 --> 00:51:24,640
Speaker 16: It is the world of sort of picklarly out of

1061
00:51:24,719 --> 00:51:27,880
Speaker 16: China state sanctioned capitalism, and there's a whole lot of products.

1062
00:51:27,920 --> 00:51:29,600
Speaker 16: I fail to see how they can put out some

1063
00:51:29,680 --> 00:51:32,360
Speaker 16: electric cars at the prices they do. So you know,

1064
00:51:32,440 --> 00:51:35,400
Speaker 16: they support their businesses, particularly early on, and they make

1065
00:51:35,480 --> 00:51:39,440
Speaker 16: strategic decisions to get a foothold in the market. So

1066
00:51:39,480 --> 00:51:41,320
Speaker 16: it's a tough old world out there, and it certainly

1067
00:51:41,400 --> 00:51:44,759
Speaker 16: isn't the idealistic world of free trade that we dream of.

1068
00:51:44,800 --> 00:51:47,560
Speaker 2: And I still hopeful, Well, well said Paul, appreciate it

1069
00:51:47,640 --> 00:51:49,759
Speaker 2: very much. Paul Painter, he's the Gummy Fruit Company general

1070
00:51:49,800 --> 00:51:52,360
Speaker 2: manager that EV thing I do know about, and I

1071
00:51:52,440 --> 00:51:56,000
Speaker 2: mentioned it on the program before, and it's all subsidized

1072
00:51:56,000 --> 00:51:58,719
Speaker 2: by the government, and so they can't make the cars

1073
00:51:58,760 --> 00:52:01,040
Speaker 2: for the prices they're selling them. And there's about one

1074
00:52:01,120 --> 00:52:03,040
Speaker 2: hundred EV makers in China at the moment, most of

1075
00:52:03,040 --> 00:52:05,479
Speaker 2: which will eventually disappear and you'll be left with maybe

1076
00:52:05,480 --> 00:52:07,239
Speaker 2: four or five, six or seven something like that. The

1077
00:52:07,280 --> 00:52:09,719
Speaker 2: names you probably know already, but there's a lot of

1078
00:52:09,760 --> 00:52:13,000
Speaker 2: names in our market alone that you will see today.

1079
00:52:13,239 --> 00:52:15,000
Speaker 2: You probably won't see it in a year's time, and

1080
00:52:15,040 --> 00:52:17,000
Speaker 2: you'll be asking yourself, where do I get the bits

1081
00:52:17,040 --> 00:52:21,680
Speaker 2: for it? Where's the service center, where's the salesman? What's

1082
00:52:21,800 --> 00:52:25,520
Speaker 2: my resale value on my whatever you call it's called

1083
00:52:25,520 --> 00:52:29,160
Speaker 2: in the answers zero? So it's the peach thing worries me.

1084
00:52:29,280 --> 00:52:31,920
Speaker 2: That's why we got them on. So they did a study,

1085
00:52:32,280 --> 00:52:35,680
Speaker 2: they found the crime they and the trigger point is

1086
00:52:35,840 --> 00:52:38,239
Speaker 2: material damage. And yet what's you know. They'll stick a

1087
00:52:38,280 --> 00:52:40,880
Speaker 2: few tariffs on but it's too late, So what's the

1088
00:52:40,880 --> 00:52:43,560
Speaker 2: point of all of that? Sixteen to two.

1089
00:52:43,840 --> 00:52:48,320
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered

1090
00:52:48,360 --> 00:52:49,360
Speaker 1: by News Talks.

1091
00:52:49,120 --> 00:52:49,360
Speaker 13: At B.

1092
00:52:51,239 --> 00:52:53,960
Speaker 2: Thirteen Away from You suggesting we have the supermarkets with

1093
00:52:54,120 --> 00:52:57,480
Speaker 2: fines fines for what though? I mean, that's that's the problem.

1094
00:52:57,520 --> 00:52:59,279
Speaker 2: Did they do a specific deal, did they bring in

1095
00:52:59,400 --> 00:53:03,799
Speaker 2: enough to to really affect the whole marketplace? I don't know.

1096
00:53:05,719 --> 00:53:07,800
Speaker 2: This my favorite story at the moment. It's not getting

1097
00:53:07,880 --> 00:53:09,560
Speaker 2: enough attention. It may do because it's going to go

1098
00:53:09,600 --> 00:53:11,319
Speaker 2: for two weeks. White goes for two weeks. I've got

1099
00:53:11,400 --> 00:53:16,160
Speaker 2: no idea. But Emma Aitken, she's the judge. Bring yourself

1100
00:53:16,200 --> 00:53:18,799
Speaker 2: up to speed on this if you haven't followed it. So,

1101
00:53:18,880 --> 00:53:21,040
Speaker 2: Emma Aken's at the Northern Club in Auckland. She's at

1102
00:53:21,080 --> 00:53:24,160
Speaker 2: a function. Next door is another function that functions being

1103
00:53:24,239 --> 00:53:26,960
Speaker 2: run by New Zealand. First Winston Peter's having a word.

1104
00:53:27,680 --> 00:53:31,200
Speaker 2: She wanders past, and this is where the whole story

1105
00:53:31,239 --> 00:53:34,960
Speaker 2: is in dispute. She mutters a word. He uses the

1106
00:53:35,000 --> 00:53:38,960
Speaker 2: word tea kunger. She hears it, mutters a word something

1107
00:53:38,960 --> 00:53:41,600
Speaker 2: along the lines of that's not true. There's a whole

1108
00:53:41,680 --> 00:53:43,440
Speaker 2: room full of judges next door that would like to

1109
00:53:43,440 --> 00:53:46,880
Speaker 2: hear that. Depending on who you talk to. Casey Costello

1110
00:53:46,960 --> 00:53:50,440
Speaker 2: was near the door. Apparently, she claims that this judge yelled,

1111
00:53:50,520 --> 00:53:54,000
Speaker 2: made a scene that all got sort of a bit antsy.

1112
00:53:55,120 --> 00:53:59,799
Speaker 2: Eventually enter Judith Collins's Attorney general at the time, who

1113
00:53:59,800 --> 00:54:03,280
Speaker 2: go will need to take a look at this now

1114
00:54:03,480 --> 00:54:06,120
Speaker 2: initially when this happened, and this happened, this is another

1115
00:54:06,320 --> 00:54:08,800
Speaker 2: very good example of a story that moves slowly in

1116
00:54:08,920 --> 00:54:11,720
Speaker 2: terms of justice. This happened in November of twenty twenty four.

1117
00:54:12,320 --> 00:54:15,360
Speaker 2: It is only just as of yesterday reaching a hearing,

1118
00:54:16,239 --> 00:54:19,200
Speaker 2: and it's a highly unusual hearing. It's at the Judicial

1119
00:54:19,239 --> 00:54:22,160
Speaker 2: Conduct Panel. They've not done one of these before, as

1120
00:54:22,200 --> 00:54:25,640
Speaker 2: I understand it. And essentially what's going to happen is

1121
00:54:25,680 --> 00:54:28,040
Speaker 2: the Judicial Conduct Panel is going to listen to her story,

1122
00:54:28,120 --> 00:54:30,279
Speaker 2: is going to listen to the other side story, and

1123
00:54:30,320 --> 00:54:33,080
Speaker 2: they're going to make a decision or an opinion or

1124
00:54:33,120 --> 00:54:35,799
Speaker 2: a series of ideas, and they're going to put them

1125
00:54:35,840 --> 00:54:38,879
Speaker 2: to the current Attorney General, who is no longer Judith

1126
00:54:38,920 --> 00:54:42,440
Speaker 2: Collins because she's resigned, of course, and that person is

1127
00:54:42,480 --> 00:54:45,600
Speaker 2: going to decide whether or not this judge remains a judge.

1128
00:54:46,360 --> 00:54:50,920
Speaker 2: So I started out thinking, oh, yeah, means shouldn't go

1129
00:54:50,960 --> 00:54:54,360
Speaker 2: around interrupting Winston Peters like that bit of a loud mouth,

1130
00:54:54,880 --> 00:54:57,000
Speaker 2: bit of a trouble maker. Don't like the cut of

1131
00:54:57,040 --> 00:55:00,880
Speaker 2: her jib. But then I don't like the idea that

1132
00:55:00,920 --> 00:55:03,200
Speaker 2: she's going to be removed from being a judge simply

1133
00:55:03,239 --> 00:55:06,359
Speaker 2: for something that happened in the Northern Club either. Now,

1134
00:55:06,440 --> 00:55:08,520
Speaker 2: whether they ever get to the bottom of this story

1135
00:55:08,520 --> 00:55:11,200
Speaker 2: as to whether she was actually yelling and interrupting or

1136
00:55:11,200 --> 00:55:13,520
Speaker 2: whether she was just quietly going, I don't believe that.

1137
00:55:13,560 --> 00:55:15,240
Speaker 2: And there's a room of judges next door that would

1138
00:55:15,239 --> 00:55:17,640
Speaker 2: like to hear this. She claims she didn't realize it

1139
00:55:17,680 --> 00:55:20,280
Speaker 2: was Winston Peters. Let me just say for the record,

1140
00:55:20,320 --> 00:55:23,000
Speaker 2: I don't believe that. No, No, one doesn't know who

1141
00:55:23,040 --> 00:55:23,760
Speaker 2: Winston Peter's.

1142
00:55:23,840 --> 00:55:26,279
Speaker 17: He is surprisingly shorter in real life, is he?

1143
00:55:28,200 --> 00:55:31,160
Speaker 2: There's a revelation we hadn't heard before. Anyway, I don't

1144
00:55:31,160 --> 00:55:32,680
Speaker 2: know if you can put that in as a late

1145
00:55:32,719 --> 00:55:35,320
Speaker 2: breaking piece of evidence, glean to the Judicial Conduct panel.

1146
00:55:35,320 --> 00:55:37,319
Speaker 2: Maybe they'd like to, Maybe the defense would like to

1147
00:55:37,320 --> 00:55:41,040
Speaker 2: hear from you anyway, expert witness Glenn Hart and z B.

1148
00:55:41,480 --> 00:55:44,480
Speaker 2: He's surprisingly shorter when you see him in real life. Okay,

1149
00:55:44,520 --> 00:55:47,320
Speaker 2: it's closed anyway, Where was I? So? My point being,

1150
00:55:48,800 --> 00:55:50,600
Speaker 2: I don't want to see her lose her job, because

1151
00:55:50,600 --> 00:55:52,880
Speaker 2: this isn't a big enough deal for that to happen.

1152
00:55:52,880 --> 00:55:55,560
Speaker 2: Now they're taking this very seriously because we are supposed

1153
00:55:55,560 --> 00:55:58,439
Speaker 2: to have faith and judges, we're supposed to have faith

1154
00:55:58,480 --> 00:56:02,240
Speaker 2: in the court system. My argument would be, your honor,

1155
00:56:02,840 --> 00:56:05,360
Speaker 2: that there's nothing that can happen in the Northern Club.

1156
00:56:07,480 --> 00:56:10,040
Speaker 2: I'm treating a very fine line here with you know,

1157
00:56:10,160 --> 00:56:12,800
Speaker 2: is alcohol involved here? Did somebody at a function have

1158
00:56:12,840 --> 00:56:14,640
Speaker 2: a drink or two and say a few things they

1159
00:56:14,719 --> 00:56:18,319
Speaker 2: might regret on either side? Anyway, point being this, I

1160
00:56:18,360 --> 00:56:20,839
Speaker 2: don't think you should lose your job, and I don't

1161
00:56:20,840 --> 00:56:23,239
Speaker 2: think anything less of a judge, and I don't think

1162
00:56:23,280 --> 00:56:26,560
Speaker 2: anything less of a court just because in the quiet

1163
00:56:26,640 --> 00:56:30,520
Speaker 2: confines of a private function somebody said a few things.

1164
00:56:30,560 --> 00:56:32,239
Speaker 2: I mean, if you heard the stuff I say off here,

1165
00:56:32,280 --> 00:56:33,360
Speaker 2: you'd never listen to me again.

1166
00:56:34,200 --> 00:56:35,719
Speaker 17: I mean, lots of people will hear the stuff that

1167
00:56:35,719 --> 00:56:37,400
Speaker 17: you say on here and never listen to you again,

1168
00:56:38,960 --> 00:56:39,480
Speaker 17: Your Honor.

1169
00:56:40,040 --> 00:56:42,640
Speaker 2: So anyway, this goes on for two weeks. I don't

1170
00:56:42,640 --> 00:56:45,200
Speaker 2: know how it does, but I find it fascinating because

1171
00:56:45,200 --> 00:56:50,400
Speaker 2: the potential outcomes and ramifications here are very important, very weighty,

1172
00:56:50,600 --> 00:56:52,839
Speaker 2: and if not gripping eight away from eight.

1173
00:56:53,640 --> 00:56:56,960
Speaker 1: The Mike Hosking breakfast with the defender and use togs

1174
00:56:56,960 --> 00:56:57,840
Speaker 1: dead be farther.

1175
00:56:57,680 --> 00:56:59,799
Speaker 2: Away from a critical point to make about Poles. Keep

1176
00:56:59,800 --> 00:57:02,520
Speaker 2: this in mind for Poles in the ensuing period. So

1177
00:57:02,520 --> 00:57:05,239
Speaker 2: we know another poll out yesterday it was the Taxpayer

1178
00:57:05,280 --> 00:57:08,920
Speaker 2: Courier hung parliament. This one is sixty seats apiece. So

1179
00:57:09,000 --> 00:57:11,239
Speaker 2: we've had three in the last week or so two

1180
00:57:11,320 --> 00:57:13,640
Speaker 2: to return the government won a hung parliament. Now here's

1181
00:57:13,680 --> 00:57:15,919
Speaker 2: the critical part. And it came out of a couple

1182
00:57:15,920 --> 00:57:19,520
Speaker 2: of comments last week. Penny Hadteray and Riffidy who was

1183
00:57:19,520 --> 00:57:21,840
Speaker 2: on the television over the weekend, and they both seem

1184
00:57:21,880 --> 00:57:24,160
Speaker 2: to be of the conclusion that the Marray Party a

1185
00:57:24,240 --> 00:57:27,880
Speaker 2: toast and whyeitungy of course, would have given you absolutely

1186
00:57:27,920 --> 00:57:30,640
Speaker 2: no reason for reconciliation or hope. They look very similar

1187
00:57:30,680 --> 00:57:34,720
Speaker 2: to the Coalition in Australia, absolutely hopeless, bereft, furious with

1188
00:57:34,800 --> 00:57:38,240
Speaker 2: each other and going nowhere fast. Both those two aforementioned

1189
00:57:38,280 --> 00:57:41,080
Speaker 2: gentlemen claim that the Maray Party are basically gone. They may,

1190
00:57:41,440 --> 00:57:46,440
Speaker 2: if they're lucky, get one seat. Why is this important, Well,

1191
00:57:46,520 --> 00:57:50,120
Speaker 2: the Poles all have the Maori Party with six seats currently,

1192
00:57:50,440 --> 00:57:53,600
Speaker 2: so when they say it's sixty sixty that's with six

1193
00:57:53,680 --> 00:57:57,120
Speaker 2: Maori seats, So you can't say that because their supporter

1194
00:57:57,160 --> 00:58:00,000
Speaker 2: is at two point nine percent. Unless you start winning seats,

1195
00:58:00,480 --> 00:58:03,240
Speaker 2: your two point nine percents in the bin. So therefore

1196
00:58:03,280 --> 00:58:06,520
Speaker 2: your pole becomes irrelevant. And if it's irrelevant, it's not

1197
00:58:06,560 --> 00:58:08,920
Speaker 2: worth listening to. So do remember next time they tell

1198
00:58:08,960 --> 00:58:10,840
Speaker 2: your pole and includes X number of seats for the

1199
00:58:10,880 --> 00:58:15,280
Speaker 2: center left block, it won't include that number because the

1200
00:58:15,280 --> 00:58:20,040
Speaker 2: Maori Party, unless Henry and Riffeve are wrong, are toast

1201
00:58:20,160 --> 00:58:23,000
Speaker 2: and they won't be back in their current shape. And

1202
00:58:23,040 --> 00:58:25,920
Speaker 2: this is the problem for labor because of labor. Under MMP,

1203
00:58:26,520 --> 00:58:28,320
Speaker 2: if you get thirty five percent of the bait, you

1204
00:58:28,360 --> 00:58:30,880
Speaker 2: get thirty five percent of the seats. The fact you've

1205
00:58:30,920 --> 00:58:33,240
Speaker 2: won a few Mara electorate seats makes no difference. Your

1206
00:58:33,320 --> 00:58:36,520
Speaker 2: total doesn't change, and in that's a problem. So they

1207
00:58:36,560 --> 00:58:38,480
Speaker 2: need their thirty five percent and thirty five percent of

1208
00:58:38,480 --> 00:58:42,320
Speaker 2: the seats plus the Greens plus the Maray Party, and

1209
00:58:42,360 --> 00:58:47,960
Speaker 2: if the Maory Party aren't there, they're short, and noticeably short.

1210
00:58:48,360 --> 00:58:50,880
Speaker 2: And that's why suddenly these poles take on a whole

1211
00:58:50,920 --> 00:58:54,480
Speaker 2: new hue and you don't want to get sucked in

1212
00:58:54,480 --> 00:58:58,200
Speaker 2: by it. That's how Mike sees it. You're on it

1213
00:58:59,120 --> 00:59:03,360
Speaker 2: now forensics. There's an ad in a paper looking for

1214
00:59:03,440 --> 00:59:06,160
Speaker 2: a person to do fingerprints and be a forensic specialist.

1215
00:59:06,280 --> 00:59:08,400
Speaker 2: This young man in Britain goes that sounds like a

1216
00:59:08,400 --> 00:59:11,240
Speaker 2: good job for me. I might apply, and he does,

1217
00:59:11,520 --> 00:59:14,920
Speaker 2: and the rest, as they say, is history. Thomas Coyle's

1218
00:59:14,960 --> 00:59:16,760
Speaker 2: story is next after the.

1219
00:59:16,720 --> 00:59:21,880
Speaker 1: News asking the questions others won't the mic asking breakfast

1220
00:59:21,960 --> 00:59:26,360
Speaker 1: with Vida, retirement communities, life your Way, news, togs headbs.

1221
00:59:26,400 --> 00:59:28,720
Speaker 2: We've been talking about the judge job here. I could

1222
00:59:28,760 --> 00:59:32,200
Speaker 2: be in a minority here relosing the job. I agree, Mike.

1223
00:59:32,280 --> 00:59:34,480
Speaker 2: Someone should not lose their job for having a few

1224
00:59:34,520 --> 00:59:36,960
Speaker 2: too many in shooting their mouth off. Well, let me

1225
00:59:37,000 --> 00:59:38,640
Speaker 2: come back to all that. We've got other matters to

1226
00:59:38,680 --> 00:59:41,440
Speaker 2: deal with. First and seven past eight. There is a

1227
00:59:41,480 --> 00:59:44,680
Speaker 2: reason CSI to fill in the gap. You know, Miami,

1228
00:59:44,800 --> 00:59:48,480
Speaker 2: New York, Vegas is so popular. We love forensics now.

1229
00:59:48,520 --> 00:59:50,840
Speaker 2: Thomas Coyler is in the business. He started in England

1230
00:59:50,880 --> 00:59:53,360
Speaker 2: at Scotland Yard No unless he was a fingerprint examiner.

1231
00:59:53,680 --> 00:59:55,640
Speaker 2: He arrived here he became one of our most prominent

1232
00:59:55,680 --> 00:59:59,200
Speaker 2: forensic experts and crime scene investigators these days. Runs his

1233
00:59:59,240 --> 01:00:02,400
Speaker 2: own forensics bus as well as teaching students about well

1234
01:00:02,400 --> 01:00:04,960
Speaker 2: what is really a fascinating world's thirty seven year career.

1235
01:00:05,520 --> 01:00:07,080
Speaker 2: It has been brought to life in a book that

1236
01:00:07,160 --> 01:00:11,200
Speaker 2: did speak my life in forensics and Thomas Coyle as

1237
01:00:11,200 --> 01:00:12,640
Speaker 2: well as Thomas very good morning to.

1238
01:00:12,640 --> 01:00:15,280
Speaker 11: You, Good morning mine, thank you for having me on.

1239
01:00:15,480 --> 01:00:17,040
Speaker 2: Not at all. Do you still enjoy it as much

1240
01:00:17,040 --> 01:00:18,040
Speaker 2: as you did on day one?

1241
01:00:19,200 --> 01:00:21,560
Speaker 11: I enjoy it at Tler the Samers on day one

1242
01:00:21,600 --> 01:00:24,520
Speaker 11: because forensics is changed every day, as we know, so

1243
01:00:24,640 --> 01:00:26,200
Speaker 11: there's always something new evolve.

1244
01:00:26,280 --> 01:00:30,120
Speaker 2: In couple of stories, one Cindy Kiro says to you,

1245
01:00:30,120 --> 01:00:32,240
Speaker 2: you should write the book. So I suppose we're grateful

1246
01:00:32,280 --> 01:00:34,720
Speaker 2: to her, and it's one thing to say you should

1247
01:00:34,720 --> 01:00:36,720
Speaker 2: write a book and one thing for you to actually

1248
01:00:36,760 --> 01:00:39,160
Speaker 2: do it. Do you really credit her or are we

1249
01:00:39,200 --> 01:00:40,400
Speaker 2: going to do it anyway? You reckon?

1250
01:00:41,440 --> 01:00:44,160
Speaker 11: No, It's always been at the back of my mind

1251
01:00:44,200 --> 01:00:47,520
Speaker 11: that I've wanted to pour out all of the scenes

1252
01:00:47,520 --> 01:00:51,040
Speaker 11: that are you know, pour out the examinations I've completed

1253
01:00:51,080 --> 01:00:56,120
Speaker 11: over the years. But I'm not one of these authors

1254
01:00:56,200 --> 01:00:59,320
Speaker 11: to say can just sit down there and write to

1255
01:00:59,440 --> 01:01:02,760
Speaker 11: the hearts. So I just needed of a push It

1256
01:01:02,920 --> 01:01:05,080
Speaker 11: was lots of you know, I I have lots of

1257
01:01:05,080 --> 01:01:07,080
Speaker 11: clients coming in and I've got cabinets which got on

1258
01:01:07,240 --> 01:01:11,360
Speaker 11: forensic caseibits and and they're just they're really amazed by

1259
01:01:11,600 --> 01:01:13,480
Speaker 11: what's in there. And some of the stories are saying

1260
01:01:13,480 --> 01:01:15,280
Speaker 11: and they keep saying, Oh, you must write a book,

1261
01:01:15,320 --> 01:01:17,600
Speaker 11: you must write a book. But the automatic come when

1262
01:01:17,640 --> 01:01:22,000
Speaker 11: I went to collect my award there, I said, I'm

1263
01:01:22,040 --> 01:01:24,240
Speaker 11: thinking of writing a book, and she said, you must do.

1264
01:01:24,320 --> 01:01:26,640
Speaker 11: I will read it. Which is very strange because now

1265
01:01:26,640 --> 01:01:30,480
Speaker 11: it's written. I got an email from the Governor House

1266
01:01:30,560 --> 01:01:31,920
Speaker 11: yesterday to send her a book.

1267
01:01:32,320 --> 01:01:36,080
Speaker 2: Fantastic other story you got into this because and I

1268
01:01:36,160 --> 01:01:38,560
Speaker 2: wonder if this is a time and place thing. There's

1269
01:01:38,600 --> 01:01:42,200
Speaker 2: an ad for a fingerprint expert, you apply and get

1270
01:01:42,240 --> 01:01:45,160
Speaker 2: the job. I mean that that surely can't happen anymore.

1271
01:01:45,240 --> 01:01:50,200
Speaker 11: Kenn It No, it's it. That was a real part

1272
01:01:50,440 --> 01:01:53,320
Speaker 11: of it. And that was and I wasn't deep and

1273
01:01:53,440 --> 01:01:56,720
Speaker 11: looking into forensic science. You know, six months before that,

1274
01:01:57,200 --> 01:01:59,680
Speaker 11: I knew very little about forensic science. I do very

1275
01:01:59,680 --> 01:02:03,680
Speaker 11: little fingerprints. It was just a tragic circumstance that led

1276
01:02:03,720 --> 01:02:06,680
Speaker 11: me away from my career to a complete different pathn

1277
01:02:06,760 --> 01:02:09,160
Speaker 11: this just popped up. It was just like, wow, okay,

1278
01:02:09,200 --> 01:02:10,080
Speaker 11: it's always meant to be.

1279
01:02:10,320 --> 01:02:13,360
Speaker 2: Yeah, and actually a third story. Your description of a pencil,

1280
01:02:14,240 --> 01:02:18,520
Speaker 2: which explained that story, and therefore and then having explained it,

1281
01:02:18,600 --> 01:02:20,640
Speaker 2: what does that tell us about the job? Does it

1282
01:02:20,640 --> 01:02:23,160
Speaker 2: tell us it's more art than science or science than.

1283
01:02:23,080 --> 01:02:28,160
Speaker 11: That it's a picture of both. Really, you obviously need

1284
01:02:28,160 --> 01:02:31,080
Speaker 11: the science to solve those items, but you need the

1285
01:02:31,240 --> 01:02:36,320
Speaker 11: art to describe the events at hands. So what it

1286
01:02:36,440 --> 01:02:39,200
Speaker 11: was was it was the interview stage of the Scotland

1287
01:02:39,240 --> 01:02:42,720
Speaker 11: Yard and you got five really big, high profile police

1288
01:02:42,720 --> 01:02:46,520
Speaker 11: officers interview and you never been for a real interview before,

1289
01:02:46,640 --> 01:02:49,600
Speaker 11: sat there eighteen years of the grillingly, we're questions, I'm

1290
01:02:49,600 --> 01:02:52,240
Speaker 11: shrugging my shoulders, my head's bowed, I'm just about to

1291
01:02:52,280 --> 01:02:55,120
Speaker 11: walk out, and lot of them says mister Coyle, describe

1292
01:02:55,160 --> 01:02:58,000
Speaker 11: a pencil. And I sat there bemused for a few

1293
01:02:58,040 --> 01:03:00,960
Speaker 11: seconds and I went, okay, So it's a graphite center.

1294
01:03:01,280 --> 01:03:03,360
Speaker 11: It's in cased in woods. You sharpen one end and

1295
01:03:03,440 --> 01:03:06,800
Speaker 11: you use it as a writing implement, and as soon

1296
01:03:06,840 --> 01:03:09,240
Speaker 11: as it goes blunt, you can resharpen it and you

1297
01:03:09,280 --> 01:03:11,920
Speaker 11: carry on with this process until there is no pencil

1298
01:03:12,000 --> 01:03:14,160
Speaker 11: left at all, and you buy a new one. And

1299
01:03:14,240 --> 01:03:16,800
Speaker 11: it was that description that was one of the factors

1300
01:03:16,800 --> 01:03:19,440
Speaker 11: that got me the position, because they wanted somebody to

1301
01:03:19,560 --> 01:03:22,320
Speaker 11: describe the scene. They wanted somebody to go in there

1302
01:03:22,320 --> 01:03:25,400
Speaker 11: to do a descriptive part of looking at the scene

1303
01:03:25,440 --> 01:03:27,560
Speaker 11: and describing what was in there. They could teach you

1304
01:03:27,600 --> 01:03:30,760
Speaker 11: the science, the science, they could teach you, it was

1305
01:03:30,880 --> 01:03:34,080
Speaker 11: just the descriptive part of going into it. Remember when

1306
01:03:34,120 --> 01:03:35,520
Speaker 11: we go to court, it's normally a year and a

1307
01:03:35,560 --> 01:03:39,280
Speaker 11: half afterwards. So it's those descriptive elements that you need

1308
01:03:39,320 --> 01:03:41,600
Speaker 11: to be called from your brain.

1309
01:03:42,000 --> 01:03:44,480
Speaker 2: That's just an adherent skill though, isn't it. I mean

1310
01:03:44,640 --> 01:03:46,920
Speaker 2: very few I think very few people would answer that

1311
01:03:47,000 --> 01:03:49,160
Speaker 2: question the way you answered it, and that would be

1312
01:03:49,200 --> 01:03:51,120
Speaker 2: for you just you were born that way.

1313
01:03:51,920 --> 01:03:52,280
Speaker 10: It was.

1314
01:03:52,360 --> 01:03:54,320
Speaker 11: It's just one of those things where I just can

1315
01:03:54,520 --> 01:03:58,680
Speaker 11: describe things in real detail and yeah, you just have

1316
01:03:58,720 --> 01:04:00,400
Speaker 11: to have an acity. And it was just under that

1317
01:04:00,440 --> 01:04:02,560
Speaker 11: pressure pressure moment, are.

1318
01:04:02,480 --> 01:04:06,280
Speaker 2: You detached or do you become detached from the job

1319
01:04:07,000 --> 01:04:10,440
Speaker 2: or does it immerse you in emotion given what often

1320
01:04:10,480 --> 01:04:11,440
Speaker 2: you are dealing.

1321
01:04:11,160 --> 01:04:16,040
Speaker 11: With, So you learn to confrontmentalize, so you switch off

1322
01:04:16,080 --> 01:04:18,040
Speaker 11: emotionally when you go into a crime scene, because when

1323
01:04:18,080 --> 01:04:21,040
Speaker 11: I go to crime scenes, you see the worst of

1324
01:04:21,080 --> 01:04:23,600
Speaker 11: the worst, So you see the worst that what human

1325
01:04:23,640 --> 01:04:26,480
Speaker 11: person can do to another person. So you have to

1326
01:04:26,520 --> 01:04:28,720
Speaker 11: switch off from that because we've all got families, everyone

1327
01:04:28,760 --> 01:04:31,920
Speaker 11: within the police, most of us have got families. Those scientists,

1328
01:04:31,960 --> 01:04:33,520
Speaker 11: we've all got families, and we have to go home

1329
01:04:33,560 --> 01:04:37,560
Speaker 11: to those families. So we do switch off emotion. If

1330
01:04:37,640 --> 01:04:41,600
Speaker 11: you ever get very very if you bring on emotion

1331
01:04:41,760 --> 01:04:43,640
Speaker 11: in the scene, then you might as well give it up.

1332
01:04:44,320 --> 01:04:47,320
Speaker 2: Has it bothered you throughout your career at all or not?

1333
01:04:48,800 --> 01:04:52,160
Speaker 11: Of course it bothers me. It always bothers me when

1334
01:04:53,160 --> 01:04:56,440
Speaker 11: because each crime scene is different, but it bothers me,

1335
01:04:57,960 --> 01:05:02,480
Speaker 11: Like I say, how has humans? Sometimes you know what

1336
01:05:02,920 --> 01:05:04,200
Speaker 11: one person can do to another?

1337
01:05:04,440 --> 01:05:07,920
Speaker 2: Yeah? What's changed science wise? I mean, has it changed dramas?

1338
01:05:08,120 --> 01:05:11,120
Speaker 2: So we're talking thirty seven years, has it changed dramatically?

1339
01:05:12,080 --> 01:05:17,480
Speaker 11: It is changed immensely, which is the fundamentals of science

1340
01:05:17,520 --> 01:05:19,520
Speaker 11: that within crime scenes doesn't change.

1341
01:05:19,680 --> 01:05:20,040
Speaker 10: It's the.

1342
01:05:21,920 --> 01:05:25,720
Speaker 11: Introduction of new so DNA. For instance, when I was

1343
01:05:25,760 --> 01:05:27,840
Speaker 11: around in the late eighties, we have to get a

1344
01:05:27,840 --> 01:05:31,120
Speaker 11: piece of blood, as you know, because a fifty cent

1345
01:05:31,200 --> 01:05:37,440
Speaker 11: seats piece just to profile it. So to sorry so

1346
01:05:37,520 --> 01:05:41,000
Speaker 11: abo it. Nowadays you've got the advancement of forensic science

1347
01:05:41,200 --> 01:05:44,600
Speaker 11: with technology and we can profile. That's done with my

1348
01:05:44,720 --> 01:05:46,600
Speaker 11: neute thing. And I do believe you had a guest

1349
01:05:46,600 --> 01:05:50,520
Speaker 11: on earlier that was stating that they can't tell the

1350
01:05:50,520 --> 01:05:53,320
Speaker 11: difference between these two twins. Well look out, they will

1351
01:05:53,360 --> 01:05:57,680
Speaker 11: be able to already a tideline because what you're doing

1352
01:05:57,680 --> 01:06:00,000
Speaker 11: when you're doing the DNA profile and you're looking at

1353
01:06:00,360 --> 01:06:03,240
Speaker 11: the markers a specific area, so you know your hyper

1354
01:06:03,320 --> 01:06:06,280
Speaker 11: wave or your icloor and all that. But now we

1355
01:06:06,280 --> 01:06:08,320
Speaker 11: can see you known the whole DNA profile and we

1356
01:06:08,320 --> 01:06:11,760
Speaker 11: can tell the different traits between identical twins, So they

1357
01:06:11,840 --> 01:06:13,080
Speaker 11: will be able to tell the difference.

1358
01:06:13,200 --> 01:06:15,120
Speaker 2: Interesting, Yeah, there was a case in France, Thomas hold

1359
01:06:15,160 --> 01:06:17,400
Speaker 2: On just a couple of moments, Tom Coil that did

1360
01:06:17,480 --> 01:06:21,440
Speaker 2: Speak My Life in Forensics? More shortly fourteen past.

1361
01:06:21,240 --> 01:06:25,280
Speaker 1: The mic Asking Breakfast Full Show podcast on iHeart Radio,

1362
01:06:25,480 --> 01:06:26,760
Speaker 1: coward by News Talks it.

1363
01:06:26,840 --> 01:06:30,600
Speaker 2: Be News Talks seventeen past eight. I guess is Tom

1364
01:06:30,600 --> 01:06:33,360
Speaker 2: Coyle who's the book is the did Speak My Life

1365
01:06:33,400 --> 01:06:35,920
Speaker 2: in Forensics? One of the most interesting. I mean, I'll

1366
01:06:35,960 --> 01:06:37,960
Speaker 2: ask you this, Tom, get it out of the way. AI.

1367
01:06:38,360 --> 01:06:41,120
Speaker 2: It's the standard AI question for everything these days. What

1368
01:06:41,160 --> 01:06:44,000
Speaker 2: will AI do? Do you think to your field?

1369
01:06:45,360 --> 01:06:48,800
Speaker 11: So AI is good in certain aspects of it. So

1370
01:06:48,800 --> 01:06:51,280
Speaker 11: it's good at detail in the crime scene itself. So

1371
01:06:51,320 --> 01:06:53,800
Speaker 11: you've got this three dimensional camera that goes around and

1372
01:06:53,800 --> 01:06:57,720
Speaker 11: it details everything, so you can get specific points within

1373
01:06:57,760 --> 01:07:01,320
Speaker 11: the crime scene. But it will never take cover the

1374
01:07:01,360 --> 01:07:04,000
Speaker 11: experience of an officer going into that crime scene. It

1375
01:07:04,000 --> 01:07:08,200
Speaker 11: will never take over integrity, which is really really important,

1376
01:07:08,200 --> 01:07:12,280
Speaker 11: but it will it will assist, so it'll be, you know,

1377
01:07:12,440 --> 01:07:16,800
Speaker 11: a good valuable tool to assess in the technical terms,

1378
01:07:16,840 --> 01:07:20,640
Speaker 11: but as the actual examination side of it, I think

1379
01:07:20,680 --> 01:07:22,560
Speaker 11: it will always be the human factor that.

1380
01:07:22,680 --> 01:07:27,120
Speaker 2: Ruled given forensics. Is it's either the person or not,

1381
01:07:27,280 --> 01:07:30,360
Speaker 2: it's the fingerprint or not. Do you get better at

1382
01:07:30,360 --> 01:07:32,000
Speaker 2: it or it is what it is?

1383
01:07:33,360 --> 01:07:38,080
Speaker 11: No, you always get better at it. Experience always assists

1384
01:07:38,600 --> 01:07:42,000
Speaker 11: with the with the way that you process the evidence.

1385
01:07:42,040 --> 01:07:45,520
Speaker 11: So you know, you learn to know about fingerprint, you

1386
01:07:45,560 --> 01:07:48,640
Speaker 11: know to learn about forensics, and you know to learn

1387
01:07:48,680 --> 01:07:51,640
Speaker 11: about the specifics within there, so you know the structure

1388
01:07:51,680 --> 01:07:55,560
Speaker 11: of the fingerprinted pliability or the movement of the bach detail.

1389
01:07:56,520 --> 01:07:59,080
Speaker 11: You know because it you know the way it's placed

1390
01:07:59,120 --> 01:08:01,560
Speaker 11: on certain object, exit can move about, so you get

1391
01:08:01,560 --> 01:08:04,360
Speaker 11: to know over a period of time and experience that

1392
01:08:04,360 --> 01:08:06,440
Speaker 11: that type of movement and positioning.

1393
01:08:06,360 --> 01:08:08,440
Speaker 2: One of the most interesting things that I must have

1394
01:08:08,440 --> 01:08:10,040
Speaker 2: ad beitter. I hadn't thought about it this way before.

1395
01:08:10,080 --> 01:08:13,640
Speaker 2: But forensics, especially in court, is taken as it is

1396
01:08:13,640 --> 01:08:16,000
Speaker 2: what it is. There is no argument about it. But

1397
01:08:16,400 --> 01:08:18,960
Speaker 2: I think there's an interesting point you make about the

1398
01:08:19,000 --> 01:08:22,280
Speaker 2: handling of it, whether we should accept forensics as much

1399
01:08:22,320 --> 01:08:24,400
Speaker 2: as we do. In other words, the defense is at

1400
01:08:24,560 --> 01:08:30,080
Speaker 2: a disadvantage because the prosecution, by the police has all

1401
01:08:30,120 --> 01:08:33,080
Speaker 2: the resource. So if that's the case, what should be done.

1402
01:08:34,400 --> 01:08:36,679
Speaker 11: So I think what should be done is there's always

1403
01:08:36,720 --> 01:08:39,160
Speaker 11: two sides of the coin. We have to watch out

1404
01:08:39,240 --> 01:08:43,320
Speaker 11: because you know, people are valible. Mistakes can happen from

1405
01:08:43,360 --> 01:08:45,640
Speaker 11: time to time, and we see that through the you know,

1406
01:08:45,680 --> 01:08:50,160
Speaker 11: the Brandon Mayfield trial where he was wrongly convicted on

1407
01:08:50,240 --> 01:08:54,320
Speaker 11: an identification and the Shirley McKay from Scotland, and since

1408
01:08:54,360 --> 01:08:57,000
Speaker 11: the Innodance project that came out in America, there's been

1409
01:08:57,000 --> 01:09:02,639
Speaker 11: two or three wrongful convict on fingerprint identification and many

1410
01:09:02,720 --> 01:09:06,599
Speaker 11: many wrongful convictions on DNA, So you're also you need

1411
01:09:06,720 --> 01:09:10,000
Speaker 11: the other side of the core. You need an expert

1412
01:09:10,280 --> 01:09:13,120
Speaker 11: to look at the evidence, reassess that evidence and just

1413
01:09:13,200 --> 01:09:16,439
Speaker 11: make sure all the t's across and all the eyes

1414
01:09:16,439 --> 01:09:19,600
Speaker 11: are dotted, and make sure that their process of protocols

1415
01:09:19,600 --> 01:09:20,680
Speaker 11: have been adhered to.

1416
01:09:22,000 --> 01:09:24,919
Speaker 2: The handling is the key, isn't. It's not just the gathering.

1417
01:09:24,960 --> 01:09:26,519
Speaker 2: It's the handling that's the key.

1418
01:09:27,240 --> 01:09:30,400
Speaker 11: It's the handling of the exhibits from the crime scene

1419
01:09:30,400 --> 01:09:33,200
Speaker 11: all the way through to the courtroom. So mistakes can happen.

1420
01:09:33,640 --> 01:09:37,040
Speaker 11: You know, items can be you know, not mixed up,

1421
01:09:37,040 --> 01:09:40,800
Speaker 11: but there can be misplaced and so and the way

1422
01:09:40,800 --> 01:09:43,240
Speaker 11: that they're recorded or the way that they're handled.

1423
01:09:43,479 --> 01:09:46,000
Speaker 2: Glad, glad. You got it all into a book.

1424
01:09:45,840 --> 01:09:49,920
Speaker 11: Tom, Yes, thank you. There's lots of there's lots of

1425
01:09:49,920 --> 01:09:52,880
Speaker 11: information within that book, but I'm just hoping it's honest,

1426
01:09:52,920 --> 01:09:56,640
Speaker 11: it's raw, and it gives a real insight of what

1427
01:09:56,720 --> 01:09:58,759
Speaker 11: forensic science is about crime scenes.

1428
01:09:58,920 --> 01:10:00,800
Speaker 2: Bentestic good to talk to. You appreciate it very much.

1429
01:10:00,840 --> 01:10:04,519
Speaker 2: Go well with Tom Coil The Dead Speak My Life

1430
01:10:04,720 --> 01:10:08,280
Speaker 2: in Forensics. It's a twenty one on my.

1431
01:10:08,400 --> 01:10:12,839
Speaker 1: Costing Breakfast with Bailey's Real Estate Newstalk V New Zealand's

1432
01:10:12,840 --> 01:10:15,240
Speaker 1: medium to large enterprises and government agencies.

1433
01:10:15,240 --> 01:10:16,880
Speaker 2: What are they facing at the moment? They're facing a

1434
01:10:16,880 --> 01:10:19,800
Speaker 2: critical challenge. Basically, that challenge is doing more with less.

1435
01:10:19,800 --> 01:10:23,280
Speaker 2: So technology an essential tool that you can leverage to

1436
01:10:23,400 --> 01:10:27,080
Speaker 2: enhance both. So Spark Business is helping organizations drive real

1437
01:10:27,120 --> 01:10:30,360
Speaker 2: productivity and resilience through their expertise and all sorts of

1438
01:10:30,360 --> 01:10:34,800
Speaker 2: things including cloud, IoT automation, mobile solutions called center tech,

1439
01:10:35,200 --> 01:10:38,040
Speaker 2: data centers, managed services, network security, all of them. The

1440
01:10:38,040 --> 01:10:40,320
Speaker 2: thing that sets spark apart is that a team of

1441
01:10:40,360 --> 01:10:43,559
Speaker 2: top New Zealand based experts key New Zealand based experts

1442
01:10:43,560 --> 01:10:46,120
Speaker 2: to understand the unique challenges that we face here. They're

1443
01:10:46,120 --> 01:10:49,000
Speaker 2: not just tech consultants, they're problems solvers and they know

1444
01:10:49,040 --> 01:10:51,120
Speaker 2: what it takes to deliver results through tech. So, if

1445
01:10:51,120 --> 01:10:54,880
Speaker 2: you're looking to boost your organization's capabilities, explore what Spark

1446
01:10:54,920 --> 01:10:57,120
Speaker 2: Business has to offer. Their track record speaks for itself,

1447
01:10:57,160 --> 01:10:59,400
Speaker 2: their leaders in many spaces and know how to get

1448
01:10:59,479 --> 01:11:02,879
Speaker 2: that job done. So for more information check out Spark Business.

1449
01:11:02,920 --> 01:11:07,280
Speaker 2: That is Spark Business online asking I agree, Mike, someone

1450
01:11:07,320 --> 01:11:09,599
Speaker 2: should not lose their job for having a few too

1451
01:11:09,640 --> 01:11:12,439
Speaker 2: many and shooting their mouth off. Now, there is no

1452
01:11:12,640 --> 01:11:15,120
Speaker 2: inference that there were a few too many. It's just

1453
01:11:15,200 --> 01:11:17,040
Speaker 2: that there appeared to be a tetar tet at the

1454
01:11:17,080 --> 01:11:21,280
Speaker 2: Northern Club. Even the ferocity of the Tetar tet is

1455
01:11:21,360 --> 01:11:23,240
Speaker 2: under some dispute at the moment. Hence we have this

1456
01:11:23,760 --> 01:11:26,719
Speaker 2: two week hearing. So Afia, we're discussing it. I've already

1457
01:11:26,720 --> 01:11:28,880
Speaker 2: got one opinion that says she should lose her job

1458
01:11:28,960 --> 01:11:32,240
Speaker 2: based on the fact of expectation. What is the expectation.

1459
01:11:32,360 --> 01:11:35,519
Speaker 2: The expectation is the job as front facing, which means

1460
01:11:35,520 --> 01:11:37,840
Speaker 2: you are in the public eye, You are of a

1461
01:11:38,160 --> 01:11:42,280
Speaker 2: societal standing, a professional standing within the wider community. That

1462
01:11:42,360 --> 01:11:45,920
Speaker 2: says that you are in a position of real responsibility.

1463
01:11:45,960 --> 01:11:48,720
Speaker 2: Therefore you need to behave in a certain way. The

1464
01:11:48,760 --> 01:11:51,080
Speaker 2: person I was talking to suggested that if they had

1465
01:11:51,120 --> 01:11:54,360
Speaker 2: been in that position and done what she had done,

1466
01:11:54,520 --> 01:11:57,840
Speaker 2: they would expect to lose their job. Now, I then

1467
01:11:57,880 --> 01:11:59,680
Speaker 2: went down the track of saying, I've seen you in

1468
01:11:59,680 --> 01:12:02,840
Speaker 2: that several times and I didn't dub you, and maybe

1469
01:12:02,840 --> 01:12:04,720
Speaker 2: I should, and maybe you should lose your job, at

1470
01:12:04,720 --> 01:12:09,000
Speaker 2: which point we all laughed. But anyway, here's the issue, Mike,

1471
01:12:09,160 --> 01:12:11,439
Speaker 2: I agree. Read the judge and why the panel a

1472
01:12:11,560 --> 01:12:14,599
Speaker 2: huge costs need to this is. Yeah, I mean there's

1473
01:12:14,640 --> 01:12:17,200
Speaker 2: something in this, but part of the argument is they're

1474
01:12:17,200 --> 01:12:20,680
Speaker 2: taking it seriously. Part of the argument it's political. It

1475
01:12:20,720 --> 01:12:23,880
Speaker 2: came from New Zealand. First. My understanding from memory is

1476
01:12:23,920 --> 01:12:27,920
Speaker 2: that the complaint was made by New Zealand first to

1477
01:12:28,120 --> 01:12:31,400
Speaker 2: the Attorney General, then Judith Collins, who then acted upon it.

1478
01:12:31,479 --> 01:12:34,720
Speaker 2: So once that particular ball's rolling, I think things have

1479
01:12:34,880 --> 01:12:37,400
Speaker 2: to be seen. It's the justice needs to be seen

1480
01:12:37,439 --> 01:12:40,320
Speaker 2: to be done thing. But if you're in a club

1481
01:12:41,040 --> 01:12:45,680
Speaker 2: Northern or otherwise, a couple of separate functions doesn't need

1482
01:12:45,720 --> 01:12:47,840
Speaker 2: to end up in front of the Attorney General, doesn't

1483
01:12:47,880 --> 01:12:50,439
Speaker 2: need to end up in front of a judicial conduct planel.

1484
01:12:50,520 --> 01:12:52,639
Speaker 2: Does it potentially need to end up with the person

1485
01:12:52,680 --> 01:12:56,240
Speaker 2: being removed hearing the judges could be removed from offers

1486
01:12:56,320 --> 01:13:00,639
Speaker 2: due to misbehavior or ability, so obviously misbehavior play here.

1487
01:13:01,360 --> 01:13:06,280
Speaker 2: Removal of a judge involves exceptional measures and a high threshold.

1488
01:13:07,560 --> 01:13:13,240
Speaker 2: Does a tetar tet at a private function or private

1489
01:13:13,240 --> 01:13:18,240
Speaker 2: functions involving the Foreign Minister? Is that part of the

1490
01:13:18,280 --> 01:13:20,680
Speaker 2: equation or is it just purely political? Could it have

1491
01:13:20,720 --> 01:13:24,839
Speaker 2: been any mpuh took umbrage at alleged comments and therefore

1492
01:13:24,920 --> 01:13:27,760
Speaker 2: elevated it to the next level. Is this all just

1493
01:13:27,800 --> 01:13:30,280
Speaker 2: a gargantuan waste of time or is there a debate

1494
01:13:30,320 --> 01:13:32,680
Speaker 2: to be had here? And is this going to get

1495
01:13:32,680 --> 01:13:34,920
Speaker 2: an opinion? And the opinion will go nowhere because the

1496
01:13:34,960 --> 01:13:37,120
Speaker 2: new attorney general will not do anything about it. So

1497
01:13:37,240 --> 01:13:39,519
Speaker 2: that's what's going to unfold over the next couple of weeks.

1498
01:13:39,520 --> 01:13:42,760
Speaker 2: But as I say, given it's a first and we've

1499
01:13:42,760 --> 01:13:45,680
Speaker 2: not seen this before, we should probably pay attention and

1500
01:13:46,360 --> 01:13:49,479
Speaker 2: follow proceedings. News is next, and then Rod for.

1501
01:13:49,479 --> 01:13:55,560
Speaker 1: You opinion edit, informed, unapologetic, The my Hosking Breakfast with

1502
01:13:55,760 --> 01:13:58,400
Speaker 1: the Defender embraced the impossible news.

1503
01:13:58,439 --> 01:14:01,600
Speaker 2: Tostad b a fascinating at the moment. So Takichi in

1504
01:14:01,720 --> 01:14:06,280
Speaker 2: Japan just storms the election. She's got a super majority.

1505
01:14:06,400 --> 01:14:09,479
Speaker 2: Thailand had a vote over the weekend and there was

1506
01:14:09,680 --> 01:14:12,760
Speaker 2: some expectation that the I don't know what do you

1507
01:14:12,800 --> 01:14:15,720
Speaker 2: want to call on the left leaners, the reformists were

1508
01:14:15,760 --> 01:14:19,479
Speaker 2: going to do reasonably well. The exact opposite happened. It

1509
01:14:19,560 --> 01:14:23,080
Speaker 2: went very conservative. So the incumbent one that took many

1510
01:14:23,240 --> 01:14:27,360
Speaker 2: by surprise. There's a spill on in Australia tomorrow the

1511
01:14:28,120 --> 01:14:31,160
Speaker 2: Libs are going to probably have a new leader. And

1512
01:14:31,240 --> 01:14:33,880
Speaker 2: then we come to the greatest cluster of all so

1513
01:14:34,080 --> 01:14:38,879
Speaker 2: far in Kiostarma and his future and the British government. Firstly,

1514
01:14:39,000 --> 01:14:41,200
Speaker 2: the head of the Scottish Labor Party had a word.

1515
01:14:41,400 --> 01:14:45,120
Speaker 5: I could have chose to stake wire, to keep the

1516
01:14:45,160 --> 01:14:47,200
Speaker 5: head bull or the part of it, and just carry

1517
01:14:47,240 --> 01:14:50,360
Speaker 5: on as if everything was fine for the next three months.

1518
01:14:50,800 --> 01:14:54,760
Speaker 5: But my first loyalty and my first priority is to Scotland,

1519
01:14:55,160 --> 01:14:58,799
Speaker 5: and Scotland so desperately needs a different kind of government

1520
01:14:58,840 --> 01:14:59,360
Speaker 5: in Scotland.

1521
01:14:59,520 --> 01:15:03,839
Speaker 2: So he's calling for Starma to go. The plane appears

1522
01:15:03,880 --> 01:15:06,240
Speaker 2: at this stage these twenty four hours to roll out

1523
01:15:06,280 --> 01:15:10,080
Speaker 2: as many people as possible to say something like this.

1524
01:15:10,320 --> 01:15:13,200
Speaker 18: Change does take time, and we're all impatient for change

1525
01:15:13,200 --> 01:15:16,560
Speaker 18: to happen more quickly, including the voters. But Kira is

1526
01:15:16,560 --> 01:15:18,400
Speaker 18: getting on and doing that, and we as a government

1527
01:15:18,520 --> 01:15:20,439
Speaker 18: are getting on and delivering the change that we were

1528
01:15:20,479 --> 01:15:23,360
Speaker 18: elected to deliver. And whilst I have enormous respect for

1529
01:15:23,400 --> 01:15:25,880
Speaker 18: Anas I've known him for a long time, I just

1530
01:15:25,920 --> 01:15:28,759
Speaker 18: profoundly disagree. I don't think this is the right approach,

1531
01:15:28,800 --> 01:15:31,040
Speaker 18: and I do believe Kia is the right person to

1532
01:15:31,120 --> 01:15:31,799
Speaker 18: lead our country.

1533
01:15:32,120 --> 01:15:34,519
Speaker 2: The NS is anness Sauer. Who's the blog I just

1534
01:15:34,520 --> 01:15:36,519
Speaker 2: played the head of the Scottish Labor Party. So the

1535
01:15:36,560 --> 01:15:39,240
Speaker 2: big meeting has been held tonight, Starmer fronted up to

1536
01:15:39,320 --> 01:15:41,240
Speaker 2: his only in peace. Here's a summation.

1537
01:15:41,479 --> 01:15:44,000
Speaker 19: Other people could have rode in behind Annasawa and said

1538
01:15:44,000 --> 01:15:46,479
Speaker 19: it's time for kise Dam to go. That didn't happen.

1539
01:15:46,640 --> 01:15:49,040
Speaker 19: I think that suggests actually that people can have a

1540
01:15:49,040 --> 01:15:51,400
Speaker 19: little bit of a moan and a winge about Kis Stalmer,

1541
01:15:51,439 --> 01:15:53,160
Speaker 19: but they actually don't want to change Prime Minister because

1542
01:15:53,200 --> 01:15:54,639
Speaker 19: I don't think that's in the country's interests.

1543
01:15:55,240 --> 01:15:59,120
Speaker 12: International correspondence with ins and eye insurance, peace of mind

1544
01:15:59,160 --> 01:16:01,040
Speaker 12: for New Zealanders watching at all, like.

1545
01:16:00,960 --> 01:16:02,479
Speaker 2: The rest of us, as run little as well as

1546
01:16:02,479 --> 01:16:06,800
Speaker 2: morning mate, more is he so? I'm well? Indeed, so

1547
01:16:06,920 --> 01:16:08,920
Speaker 2: yesterday it seems to be put a bit of rid

1548
01:16:08,960 --> 01:16:11,080
Speaker 2: meat to those who are baying. So get a resignation

1549
01:16:11,120 --> 01:16:12,840
Speaker 2: out of the way. Sea that helps then have a

1550
01:16:12,880 --> 01:16:16,200
Speaker 2: meeting with the MPs that then wound up behind him.

1551
01:16:16,439 --> 01:16:17,840
Speaker 2: Is that the end of it or not?

1552
01:16:19,120 --> 01:16:20,960
Speaker 10: Well, certainly not the end of it, but it might

1553
01:16:21,000 --> 01:16:23,360
Speaker 10: be the end of it. For a bit or at

1554
01:16:23,479 --> 01:16:28,639
Speaker 10: least until Friday. You know, everything gets so truncated these

1555
01:16:28,720 --> 01:16:33,320
Speaker 10: days that these catastrophes happened within the space of a week.

1556
01:16:34,520 --> 01:16:38,880
Speaker 10: The great problem for the opposition within the Labor Party

1557
01:16:38,920 --> 01:16:43,679
Speaker 10: to Keir Starmer, which incidentally constitutes ninety six point five

1558
01:16:43,760 --> 01:16:46,280
Speaker 10: percent of the Labor Party. I mean it just does,

1559
01:16:47,479 --> 01:16:51,560
Speaker 10: is that there's no one else. You know, a Westreeting

1560
01:16:51,680 --> 01:16:56,200
Speaker 10: is tainted with his a with his connections with Peter

1561
01:16:56,280 --> 01:17:00,599
Speaker 10: Mandelson and also isn't popular with the Electrical Party. Angela

1562
01:17:00,720 --> 01:17:06,760
Speaker 10: Railer is still being examined for tax problems over the

1563
01:17:06,800 --> 01:17:10,839
Speaker 10: fact that she didn't actually know where she lived. Andy

1564
01:17:10,880 --> 01:17:15,519
Speaker 10: Burnham can't stand ed Milliband. You know, they go for

1565
01:17:15,640 --> 01:17:21,320
Speaker 10: Ed Milliband reformable with the next selection by a massive landslide,

1566
01:17:21,360 --> 01:17:24,120
Speaker 10: because he is the architect of you know, net zero.

1567
01:17:24,439 --> 01:17:26,960
Speaker 10: So there is no well easy they could go to.

1568
01:17:27,439 --> 01:17:30,840
Speaker 10: And I think that is what has made it far

1569
01:17:30,920 --> 01:17:33,760
Speaker 10: more difficult for the opposition MPs in the last for

1570
01:17:33,840 --> 01:17:38,040
Speaker 10: the opposition within the Labor Party to say, look, you

1571
01:17:38,040 --> 01:17:38,679
Speaker 10: we've going to go.

1572
01:17:39,160 --> 01:17:39,800
Speaker 11: You should go.

1573
01:17:40,280 --> 01:17:43,040
Speaker 10: There is no question Boris went because he ate a

1574
01:17:43,120 --> 01:17:47,240
Speaker 10: piece of cake. You know, this man has made a

1575
01:17:47,280 --> 01:17:51,360
Speaker 10: series of catastrophic appointments and the latest one has come

1576
01:17:51,439 --> 01:17:52,080
Speaker 10: back to ald him.

1577
01:17:52,080 --> 01:17:56,240
Speaker 2: You should have gone ages ago the Burnham thing. I

1578
01:17:56,320 --> 01:17:58,559
Speaker 2: know he didn't want Burnham to stand because he was

1579
01:17:58,600 --> 01:18:02,000
Speaker 2: going to challenge any way. But before did they in

1580
01:18:02,080 --> 01:18:06,880
Speaker 2: blocking them get exceedingly lucky not knowing that it could

1581
01:18:06,880 --> 01:18:09,680
Speaker 2: be catastrophic so quickly or was it all planned They

1582
01:18:09,760 --> 01:18:12,559
Speaker 2: knew catastrophe was coming and they were desperate to stop

1583
01:18:12,600 --> 01:18:13,840
Speaker 2: them from entering politics.

1584
01:18:14,240 --> 01:18:17,720
Speaker 10: No, I don't think they knew. I think that it's

1585
01:18:17,960 --> 01:18:22,040
Speaker 10: crediting them with more prescient than this government has ever had.

1586
01:18:23,200 --> 01:18:27,439
Speaker 10: They have learned from crisis to crisis since the moment

1587
01:18:27,520 --> 01:18:30,639
Speaker 10: they were elected. Or let's give them three or four weeks.

1588
01:18:31,080 --> 01:18:34,360
Speaker 10: The first three or four weeks back in July to

1589
01:18:34,520 --> 01:18:41,080
Speaker 10: August twenty twenty four were okay, But since then it

1590
01:18:41,120 --> 01:18:45,680
Speaker 10: has been crisis after crisis after crisis. And you know,

1591
01:18:45,840 --> 01:18:49,760
Speaker 10: I talked to some Labor MPs who you know, I

1592
01:18:49,920 --> 01:18:52,680
Speaker 10: know it hosted for northern seats, and they are just

1593
01:18:53,040 --> 01:18:58,559
Speaker 10: so utterly disheartened. But you know, you look at the

1594
01:18:58,560 --> 01:19:03,240
Speaker 10: opinion polls, Labor is doing terribly badly. Indeed, the Tories

1595
01:19:03,240 --> 01:19:08,519
Speaker 10: are having a slight revival, but reform stubbornly cannot get

1596
01:19:08,560 --> 01:19:12,559
Speaker 10: above thirty percent. So there is an election there in

1597
01:19:12,600 --> 01:19:15,840
Speaker 10: the office in a few years time, and it's all

1598
01:19:15,920 --> 01:19:19,280
Speaker 10: to playful and Labor just has to get its kind

1599
01:19:19,280 --> 01:19:22,840
Speaker 10: of duck still a rome, and they will be a

1600
01:19:22,920 --> 01:19:23,679
Speaker 10: viable force.

1601
01:19:24,240 --> 01:19:26,839
Speaker 2: Is there anything going well for labor at all? Because

1602
01:19:27,000 --> 01:19:29,880
Speaker 2: I mean, I've been thinking about the general poll. So

1603
01:19:29,960 --> 01:19:33,520
Speaker 2: you've got him and it's not him, it's the economy

1604
01:19:33,600 --> 01:19:35,599
Speaker 2: and all the other bits and pieces around it. Okay,

1605
01:19:35,600 --> 01:19:37,839
Speaker 2: can they point to something, you know, when these ministers

1606
01:19:37,880 --> 01:19:39,920
Speaker 2: get rolled out and saying, you know, reform takes time

1607
01:19:39,960 --> 01:19:42,479
Speaker 2: and we're on the case, are they is anything going well?

1608
01:19:43,040 --> 01:19:43,360
Speaker 12: Yeah?

1609
01:19:43,479 --> 01:19:48,000
Speaker 10: Ironically they can point to the fact that the number

1610
01:19:48,000 --> 01:19:54,320
Speaker 10: of illegal migrants coming here has reduced considerably, and indeed

1611
01:19:54,360 --> 01:19:58,920
Speaker 10: the immigration level coming here has reduced quite a lot. Now,

1612
01:19:59,400 --> 01:20:02,479
Speaker 10: now it's probably true that a lot of that was

1613
01:20:02,520 --> 01:20:06,599
Speaker 10: down to measures introduced by Missus Sumacam before that Boris

1614
01:20:06,680 --> 01:20:10,840
Speaker 10: Johnson's governments, but nonetheless Labour's kept up with it and

1615
01:20:10,920 --> 01:20:15,559
Speaker 10: added to it, and so they can claim that on

1616
01:20:15,640 --> 01:20:19,920
Speaker 10: the economy, they can claim nothing. They are in real,

1617
01:20:20,200 --> 01:20:21,040
Speaker 10: real trouble.

1618
01:20:22,360 --> 01:20:27,120
Speaker 2: Morgan McSweeney, who was the casualty yesterday. It is suggested

1619
01:20:27,160 --> 01:20:29,040
Speaker 2: by a lot of people, in fact everyone, as far

1620
01:20:29,080 --> 01:20:31,200
Speaker 2: as I'm reading, he was the bodyguard, he was the

1621
01:20:31,200 --> 01:20:34,560
Speaker 2: protection and Starmer is now exposed. Is that part true.

1622
01:20:37,479 --> 01:20:41,600
Speaker 10: A little? Yes, undoubtedly. Morgan McSweeney was very important to

1623
01:20:41,680 --> 01:20:45,360
Speaker 10: Kiars Starmer. He was part of the party, the part

1624
01:20:45,439 --> 01:20:49,400
Speaker 10: of the party that I've come from Blue Labor. But

1625
01:20:51,600 --> 01:20:54,759
Speaker 10: that meant immediately that he was loathed by two thirds

1626
01:20:54,760 --> 01:20:58,559
Speaker 10: of the Labor Party, and given the failures recently, it

1627
01:20:58,720 --> 01:21:01,479
Speaker 10: means he was loathed by I mean, he just had

1628
01:21:01,600 --> 01:21:07,800
Speaker 10: no platform whatsoever from which to support himself and so

1629
01:21:07,880 --> 01:21:10,719
Speaker 10: he had to go. I don't think that necessarily means

1630
01:21:10,720 --> 01:21:13,040
Speaker 10: that Starmer has to go. Star has no idea log

1631
01:21:13,360 --> 01:21:18,120
Speaker 10: He can appoint someone else. And you know, you know,

1632
01:21:18,920 --> 01:21:24,280
Speaker 10: we've talked so many times over the last year, is

1633
01:21:24,320 --> 01:21:26,960
Speaker 10: his time to Starmer to go. It's always time to

1634
01:21:27,000 --> 01:21:29,400
Speaker 10: Starmer to go because he's been a disaster. But he

1635
01:21:29,479 --> 01:21:34,800
Speaker 10: never does. He never does, and he's not going now either.

1636
01:21:35,439 --> 01:21:39,160
Speaker 10: I've lost count of the number of Sage political correspondents

1637
01:21:39,400 --> 01:21:42,400
Speaker 10: who have said to me over the last six days, well,

1638
01:21:42,439 --> 01:21:45,400
Speaker 10: he's going to go by Monday. Here we are. It's Monday.

1639
01:21:45,560 --> 01:21:46,360
Speaker 10: He's still there.

1640
01:21:47,360 --> 01:21:50,280
Speaker 2: Is he also saved by the fact the elections not

1641
01:21:50,360 --> 01:21:51,120
Speaker 2: this year or next.

1642
01:21:52,360 --> 01:21:54,360
Speaker 10: Yes, of course he is. Yeah, of course he is.

1643
01:21:55,000 --> 01:21:57,760
Speaker 10: So he can always say things will improve greatly over

1644
01:21:57,800 --> 01:22:03,400
Speaker 10: the next three years. They won't. There is no indication

1645
01:22:03,479 --> 01:22:07,880
Speaker 10: as to why they would, but yes, and of course

1646
01:22:08,280 --> 01:22:11,360
Speaker 10: is helped by the fact that there are so few

1647
01:22:11,360 --> 01:22:14,800
Speaker 10: in accedents now in May that labor might not do

1648
01:22:14,960 --> 01:22:17,880
Speaker 10: that badly out of them, so that might play in

1649
01:22:17,920 --> 01:22:18,760
Speaker 10: his favorite all.

1650
01:22:18,720 --> 01:22:20,479
Speaker 2: Right, well, let's see what the paperwork says. When that

1651
01:22:20,479 --> 01:22:22,200
Speaker 2: comes out. We'll talk to you Thursday and look forward

1652
01:22:22,200 --> 01:22:25,639
Speaker 2: to it too. Rod Little out of Britain eight forty five.

1653
01:22:26,600 --> 01:22:31,040
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio, Howard

1654
01:22:31,040 --> 01:22:32,040
Speaker 1: By News talks.

1655
01:22:31,760 --> 01:22:35,519
Speaker 2: That'd be twelve away from nintos Darski sinator. I don't

1656
01:22:35,560 --> 01:22:37,920
Speaker 2: know what to say. His won silver because she was

1657
01:22:37,960 --> 01:22:40,880
Speaker 2: in provisional gold about fifteen minutes ago. So being in

1658
01:22:40,920 --> 01:22:44,880
Speaker 2: provisional gold and then winning silver is is it disappointing?

1659
01:22:45,640 --> 01:22:48,639
Speaker 2: Or is it because being in provisional gold is different

1660
01:22:48,680 --> 01:22:50,840
Speaker 2: to winning silver, I would have thought, But then again,

1661
01:22:50,880 --> 01:22:53,120
Speaker 2: there seems to camaraderie and watching some of them over

1662
01:22:53,160 --> 01:22:55,800
Speaker 2: the weekend. One of them said, look, there were three

1663
01:22:55,880 --> 01:22:58,280
Speaker 2: New Zealanders and the top ten and the big ear.

1664
01:23:00,160 --> 01:23:02,240
Speaker 2: They seem stoked with that. They seemed that, you know,

1665
01:23:02,600 --> 01:23:05,160
Speaker 2: the inference being there's a presence that we're building a

1666
01:23:05,160 --> 01:23:05,679
Speaker 2: group of people.

1667
01:23:05,680 --> 01:23:07,360
Speaker 17: We seen it come a long way since the days

1668
01:23:07,360 --> 01:23:09,639
Speaker 17: of Simon we al Cob.

1669
01:23:10,280 --> 01:23:12,679
Speaker 2: It wasn't it. There were singular members of the team

1670
01:23:12,760 --> 01:23:16,160
Speaker 2: and a team of seventeen. Now I suppose as testament

1671
01:23:16,160 --> 01:23:18,360
Speaker 2: to a program in the Central Otago region that actually

1672
01:23:18,439 --> 01:23:21,360
Speaker 2: works one year, two hundred and nineteen days. So for

1673
01:23:21,360 --> 01:23:23,720
Speaker 2: those who are counting down to the demis or the

1674
01:23:23,800 --> 01:23:26,200
Speaker 2: end of Kirstarmer, he's sitting this morning at one year

1675
01:23:26,200 --> 01:23:28,120
Speaker 2: and two hundred and nineteen days. If he left today,

1676
01:23:28,240 --> 01:23:31,920
Speaker 2: he would be the shortest living prime minister ever by

1677
01:23:31,960 --> 01:23:35,360
Speaker 2: a mile. Gordon Brown at two years three eighteen James

1678
01:23:35,400 --> 01:23:39,439
Speaker 2: Callaghan three years twenty nine days, and Clement Atley of

1679
01:23:39,560 --> 01:23:42,240
Speaker 2: six years ninety two back back in the Second World War.

1680
01:23:42,280 --> 01:23:44,960
Speaker 2: Of course, Wilson and McDonald are also in their ramsay

1681
01:23:45,040 --> 01:23:47,760
Speaker 2: McDonald at more than six years, but they had sort

1682
01:23:47,760 --> 01:23:51,280
Speaker 2: of tenures were spread over the shortest actual Isla's trust,

1683
01:23:51,280 --> 01:23:53,639
Speaker 2: but she wasn't elected. Of course he didn't win an election.

1684
01:23:54,200 --> 01:24:00,360
Speaker 2: She lasted forty nine glorious days and I did won day.

1685
01:24:00,520 --> 01:24:04,439
Speaker 2: At what point is it folly to write a book

1686
01:24:04,520 --> 01:24:10,800
Speaker 2: which he did? After who rings who? When you've been

1687
01:24:10,840 --> 01:24:13,639
Speaker 2: bundled out after forty nine days? Does the publisher ring

1688
01:24:13,680 --> 01:24:16,400
Speaker 2: you and go? Tell you what, Liz? They were interesting

1689
01:24:16,439 --> 01:24:18,840
Speaker 2: forty nine days? Let's put a book together? Or does

1690
01:24:18,880 --> 01:24:21,679
Speaker 2: Liz ring the publisher and go? Would you be interested

1691
01:24:21,680 --> 01:24:23,759
Speaker 2: in my full forty nine days story of what? Actually?

1692
01:24:23,760 --> 01:24:24,760
Speaker 17: What was it? A picture book?

1693
01:24:24,800 --> 01:24:25,960
Speaker 2: Anyway? I don't know what it was.

1694
01:24:26,000 --> 01:24:29,240
Speaker 17: When they had a coffee table. Here's my story in photos.

1695
01:24:29,360 --> 01:24:33,719
Speaker 2: Rishi Monday, Tuesday. All the days are covered. Rishie's Sunnic

1696
01:24:33,840 --> 01:24:36,880
Speaker 2: was one year and two hundred and fifty four days.

1697
01:24:36,880 --> 01:24:40,759
Speaker 2: So from what Rod was saying, he thinks he'll he'll

1698
01:24:40,760 --> 01:24:44,240
Speaker 2: tough it out. It takes a certain personality, doesn't it,

1699
01:24:44,880 --> 01:24:47,720
Speaker 2: to know you should be doing one thing but to

1700
01:24:47,800 --> 01:24:51,280
Speaker 2: go it'll all blow over or willet.

1701
01:24:51,640 --> 01:24:55,759
Speaker 1: Nine to nine The Mike Hosking Breakfast with a Vita

1702
01:24:55,880 --> 01:24:57,920
Speaker 1: Retirement Communities News togs.

1703
01:24:57,640 --> 01:24:59,920
Speaker 2: Head be Mike thoughts on the Super Bowl Patriots got

1704
01:24:59,920 --> 01:25:02,400
Speaker 2: a exposed as they were always going to be the

1705
01:25:02,439 --> 01:25:04,880
Speaker 2: fact May finished second in the MVP vote was a joke.

1706
01:25:05,600 --> 01:25:07,720
Speaker 2: I see Cadillac reveal their Formula one car in the

1707
01:25:07,760 --> 01:25:09,519
Speaker 2: Super Bowl add So there's that, I guess. But that

1708
01:25:09,560 --> 01:25:12,360
Speaker 2: game was always going to produce any one winner. I disagree.

1709
01:25:12,760 --> 01:25:15,320
Speaker 2: I mean, you're right, obviously, because it did only produce

1710
01:25:15,360 --> 01:25:17,960
Speaker 2: one winner and it went the way many people thought

1711
01:25:18,000 --> 01:25:22,400
Speaker 2: it would. And one of the unusual parts about the NFL,

1712
01:25:22,560 --> 01:25:25,240
Speaker 2: perhaps a weakness I'm not sure, is because they've got

1713
01:25:25,240 --> 01:25:28,760
Speaker 2: thirty two teams, they don't play each other. There's only

1714
01:25:28,760 --> 01:25:31,760
Speaker 2: seventeen games in the season, and many sides never meet

1715
01:25:31,800 --> 01:25:33,519
Speaker 2: each other. And I'm pretty sure I'm right in saying

1716
01:25:33,560 --> 01:25:37,599
Speaker 2: the Patriots don't play the Seahawks and have probably never

1717
01:25:37,640 --> 01:25:39,800
Speaker 2: really played the Seahawks apart from at the very end

1718
01:25:39,800 --> 01:25:41,840
Speaker 2: of the season in something like a Super Bowl. So

1719
01:25:42,120 --> 01:25:44,120
Speaker 2: there was that aspect of it, and Drake May was

1720
01:25:44,120 --> 01:25:47,479
Speaker 2: found out. Drake Made's a great talent. He will go

1721
01:25:47,560 --> 01:25:50,600
Speaker 2: in to be a great quarterback, perhaps one of the

1722
01:25:50,720 --> 01:25:52,640
Speaker 2: greats who would know. Time will tell. But what we

1723
01:25:52,680 --> 01:25:55,479
Speaker 2: did find out yesterday is when you're twenty three and

1724
01:25:55,600 --> 01:25:58,960
Speaker 2: in your second season and the big time calls, some

1725
01:25:59,000 --> 01:26:00,680
Speaker 2: people are up for it and some people aren't. He

1726
01:26:00,720 --> 01:26:04,280
Speaker 2: wasn't basically, so you can't blame it all on him.

1727
01:26:04,280 --> 01:26:06,040
Speaker 2: There are plenty of other things went wrong for the side,

1728
01:26:06,080 --> 01:26:08,559
Speaker 2: but I suppose you can go, well, we made it

1729
01:26:08,560 --> 01:26:12,360
Speaker 2: to the super Bowl and thirty other teams didn't. But

1730
01:26:12,439 --> 01:26:14,320
Speaker 2: as for the Cadillac, it's a good looking car. They're

1731
01:26:14,320 --> 01:26:15,680
Speaker 2: all good looking cars. If you haven't seen the F

1732
01:26:15,720 --> 01:26:17,600
Speaker 2: one cars for the new season, there's something about the

1733
01:26:17,600 --> 01:26:21,280
Speaker 2: smaller size. They are noticeably smaller, and there's something about

1734
01:26:21,360 --> 01:26:25,439
Speaker 2: that that makes them a more appealing looking car. I'll

1735
01:26:25,479 --> 01:26:27,639
Speaker 2: be interested to see them in Monaco because the cars

1736
01:26:27,680 --> 01:26:30,200
Speaker 2: got too big for Monico. Monico looked ridiculous with those

1737
01:26:30,200 --> 01:26:32,320
Speaker 2: big cars. Those cars are over five meters long. They're

1738
01:26:32,360 --> 01:26:35,720
Speaker 2: longer than a range Rover, and so a bit of

1739
01:26:35,880 --> 01:26:37,759
Speaker 2: smaller cars, a bit of looking car. It's a more nimble,

1740
01:26:37,760 --> 01:26:40,120
Speaker 2: agile looking car. Everyone's waiting for Aston, of course, because

1741
01:26:40,160 --> 01:26:43,320
Speaker 2: they hit their Livery in Bahrain the other day, so

1742
01:26:43,400 --> 01:26:45,479
Speaker 2: they're in Barcelona the other day. So they're going to

1743
01:26:45,479 --> 01:26:47,840
Speaker 2: Barrain this next week, so presumably we'll see that. And

1744
01:26:47,880 --> 01:26:50,280
Speaker 2: I think McLaren were hiding their livery as well. Speaking

1745
01:26:50,280 --> 01:26:52,240
Speaker 2: of which, five minutes away from nine.

1746
01:26:52,720 --> 01:26:57,480
Speaker 12: Trending now with Kelli Swarehouse stop paying too much.

1747
01:26:57,320 --> 01:26:59,639
Speaker 2: Now, I said I'd do this. Charlie Pooth was doing

1748
01:26:59,680 --> 01:27:13,240
Speaker 2: the end from yesterday Conusci. He dressed as though he

1749
01:27:13,400 --> 01:27:18,559
Speaker 2: was going to an economics lecture. He had a sort

1750
01:27:18,600 --> 01:27:23,559
Speaker 2: of a zip up jacket and some slacks and a

1751
01:27:23,600 --> 01:27:28,720
Speaker 2: tie that was sort of loose around the neck. And

1752
01:27:29,000 --> 01:27:30,760
Speaker 2: Sam and I were talking this morning. We were saying, when

1753
01:27:30,840 --> 01:27:32,719
Speaker 2: was Charlie Pooth last on the program? And the answer

1754
01:27:32,760 --> 01:27:34,000
Speaker 2: was a couple of years ago. And he was a

1755
01:27:34,080 --> 01:27:36,360
Speaker 2: very likable guy, very pleasant sort of going, and we

1756
01:27:36,400 --> 01:27:37,840
Speaker 2: had a very nice chat. He was sitting on his

1757
01:27:37,920 --> 01:27:44,519
Speaker 2: bed being interviewed by me, and without visual connection and

1758
01:27:44,600 --> 01:27:46,720
Speaker 2: a different set of circumstances, you might read that the

1759
01:27:46,760 --> 01:27:51,120
Speaker 2: wrong way, but there was nothing untoward about it. Here

1760
01:27:51,120 --> 01:28:00,160
Speaker 2: we go, I wope this. He's on a piano, by

1761
01:28:00,200 --> 01:28:11,320
Speaker 2: the way, or a keyboard that fits mobbling, and he

1762
01:28:11,400 --> 01:28:14,320
Speaker 2: had some people a choir sitting down, which I thought

1763
01:28:14,400 --> 01:28:16,920
Speaker 2: was slightly weird because not only did he have the keyboard,

1764
01:28:16,960 --> 01:28:19,639
Speaker 2: he was standing up at the keyboard while the choir

1765
01:28:19,680 --> 01:28:23,800
Speaker 2: sat down, leading me to ask if you ever seen

1766
01:28:23,840 --> 01:28:26,200
Speaker 2: anything like that before? And I answered myself. I said, no,

1767
01:28:26,280 --> 01:28:30,479
Speaker 2: I haven't. Criticism would be the auto tune. But then again,

1768
01:28:31,479 --> 01:28:36,240
Speaker 2: isn't it August, It's going to run out on time?

1769
01:28:36,320 --> 01:28:37,280
Speaker 2: When if you butt you it?

1770
01:28:38,240 --> 01:28:40,080
Speaker 17: What do you mean me? You're the already started the

1771
01:28:40,080 --> 01:28:41,120
Speaker 17: segmenta tia seconds lay.

1772
01:28:43,000 --> 01:28:47,479
Speaker 2: That's not true. You're honor back tomorrow as always have

1773
01:28:47,640 --> 01:28:48,080
Speaker 2: we done this?

1774
01:28:50,840 --> 01:28:53,760
Speaker 1: For more from the Mic Asking Breakfast, listen live to

1775
01:28:53,880 --> 01:28:56,920
Speaker 1: news talks. It'd be from six am weekdays, or follow

1776
01:28:57,000 --> 01:28:58,560
Speaker 1: the podcast on iHeartRadio