1
00:00:00,240 --> 00:00:04,640
Speaker 1: It's your source of freaking news, challenging opinion and honors facts,

2
00:00:04,840 --> 00:00:09,280
Speaker 1: The Mike Hosking Breakfast with a Veta, retirement, Communities, Life

3
00:00:09,440 --> 00:00:11,959
Speaker 1: your Way News, togs Head being one the other days.

4
00:00:12,119 --> 00:00:14,480
Speaker 2: Leave that data that suggests we're about to cross a trillion,

5
00:00:14,520 --> 00:00:17,360
Speaker 2: and the red the argument for small nuclear reactors to

6
00:00:17,440 --> 00:00:19,920
Speaker 2: power our data and AI the ployment, strong food prices

7
00:00:19,960 --> 00:00:22,079
Speaker 2: and ferry deals. John Hart on the rugby the lads

8
00:00:22,120 --> 00:00:24,320
Speaker 2: in the commentary box, Richard Arnold, Steve Price.

9
00:00:24,160 --> 00:00:25,840
Speaker 3: As well with Husking.

10
00:00:25,960 --> 00:00:28,080
Speaker 2: Welcome to the brand new week seven past six. We're

11
00:00:28,120 --> 00:00:29,960
Speaker 2: in a real quandary at the moment, aren't we. The

12
00:00:30,040 --> 00:00:33,680
Speaker 2: Dragons were what better than we thought? The opening break

13
00:00:33,720 --> 00:00:35,400
Speaker 2: where they spilled the ball that was a precursor of

14
00:00:35,479 --> 00:00:37,720
Speaker 2: things to come. Are their opening try or try show

15
00:00:37,840 --> 00:00:40,720
Speaker 2: pace expansion the work of a quality team. They lit

16
00:00:40,720 --> 00:00:43,440
Speaker 2: at half time rightly so I thought our tries, especially

17
00:00:43,520 --> 00:00:46,920
Speaker 2: the first with that mad unstructured razzle dazzle of old

18
00:00:47,000 --> 00:00:49,400
Speaker 2: that it tries to try upshot is either it was

19
00:00:49,400 --> 00:00:51,560
Speaker 2: a good game actually it was exciting hit a showmanship

20
00:00:51,600 --> 00:00:53,320
Speaker 2: about it. Not a lot of points, but plenty of

21
00:00:53,400 --> 00:00:55,440
Speaker 2: high drama and the good news this of course we win.

22
00:00:55,920 --> 00:00:58,320
Speaker 2: Now here's the issue. What does it say about a

23
00:00:58,440 --> 00:01:02,000
Speaker 2: side that can lose three then win one and still

24
00:01:02,080 --> 00:01:04,040
Speaker 2: be in the top four, not just the eight, not

25
00:01:04,200 --> 00:01:07,200
Speaker 2: just scrapping desperately for some last chance playoff spot, but

26
00:01:07,280 --> 00:01:10,280
Speaker 2: the top four. Only good sides get to that sort

27
00:01:10,319 --> 00:01:12,720
Speaker 2: of position. Also, based on the run in versus the

28
00:01:12,760 --> 00:01:14,360
Speaker 2: run in for some of the other sides, we have

29
00:01:14,560 --> 00:01:16,400
Speaker 2: to be good for at least four more points, maybe

30
00:01:16,440 --> 00:01:19,360
Speaker 2: fingers cross six points. The others, as the Panthers and

31
00:01:19,400 --> 00:01:22,040
Speaker 2: the Bulldogs found out, don't have that luxury. So all

32
00:01:22,080 --> 00:01:24,840
Speaker 2: things being equal, we find ourselves, do we not in

33
00:01:24,959 --> 00:01:28,360
Speaker 2: a unique position? What if we're in the four but

34
00:01:28,520 --> 00:01:30,600
Speaker 2: we haven't beaten the sides we will eventually face for

35
00:01:30,680 --> 00:01:33,120
Speaker 2: the title. Is a soft run even if it's a

36
00:01:33,360 --> 00:01:36,200
Speaker 2: clean sweep, a soft run in enough of a runway

37
00:01:36,680 --> 00:01:38,720
Speaker 2: to have us believe that we can suddenly play and

38
00:01:38,920 --> 00:01:40,720
Speaker 2: beat sides we haven't been able to beat all year.

39
00:01:40,760 --> 00:01:43,000
Speaker 2: What about the injuries? How many of these ones who

40
00:01:43,120 --> 00:01:44,840
Speaker 2: might be back before the end of the season have

41
00:01:44,959 --> 00:01:46,960
Speaker 2: to come back to bolster a ravaged side to give

42
00:01:47,040 --> 00:01:49,240
Speaker 2: us a sense that we are, in fact suddenly good

43
00:01:49,320 --> 00:01:51,080
Speaker 2: enough to do what? Until now we haven't been able

44
00:01:51,160 --> 00:01:53,560
Speaker 2: to do. Yes, the run to the finals is the key.

45
00:01:53,640 --> 00:01:55,400
Speaker 2: The team's on the up. Are the ones who will win?

46
00:01:55,520 --> 00:01:57,800
Speaker 2: Are we a team on the up? Could we be

47
00:01:57,920 --> 00:02:01,360
Speaker 2: a team on the up? So I've already said it,

48
00:02:01,400 --> 00:02:03,360
Speaker 2: said it last week. This isn't our year. It might

49
00:02:03,440 --> 00:02:05,600
Speaker 2: be a good year, could be bordering on an excellent year.

50
00:02:05,680 --> 00:02:08,919
Speaker 2: But could I be wrong? Surely top four deserves more

51
00:02:09,000 --> 00:02:11,959
Speaker 2: hope and more expectation than I'm giving them. So is

52
00:02:12,040 --> 00:02:14,440
Speaker 2: this our year? Open question?

53
00:02:20,639 --> 00:02:24,200
Speaker 3: What news of the world in ninety seconds?

54
00:02:24,240 --> 00:02:27,360
Speaker 2: Well scrambling and the private jets being fired up as

55
00:02:27,360 --> 00:02:29,519
Speaker 2: half of Europe is getting set to hit Washington tomorrow.

56
00:02:29,680 --> 00:02:31,359
Speaker 2: Ursul has prepared her shopping list.

57
00:02:31,800 --> 00:02:35,000
Speaker 4: Ukraine must be able to uphold its sovereignty and its

58
00:02:35,120 --> 00:02:41,600
Speaker 4: territorial integrity. No limitations on Ukrainian armed forces. Ukraine must

59
00:02:41,680 --> 00:02:47,160
Speaker 4: become a steel porcupine, undigestible for potential invaders.

60
00:02:47,639 --> 00:02:49,799
Speaker 2: What Vlood's talking tough.

61
00:02:50,120 --> 00:02:53,359
Speaker 5: It's necessary to cease fire and work quickly on a

62
00:02:53,480 --> 00:02:58,840
Speaker 5: final deal. We'll talk about it in Washington. Putin does

63
00:02:58,919 --> 00:03:01,919
Speaker 5: not want to stop the killing, but he must do it.

64
00:03:02,320 --> 00:03:04,560
Speaker 2: The other war is the Soonamore protests. This morning is

65
00:03:04,680 --> 00:03:06,240
Speaker 2: is Riley's Rock Highways.

66
00:03:06,000 --> 00:03:08,600
Speaker 6: A civil initiative they're calling it, but basically it's a

67
00:03:08,639 --> 00:03:11,359
Speaker 6: whole series of civil disturbances all the way around the

68
00:03:11,400 --> 00:03:15,240
Speaker 6: country on this day of stoppage, blocking roads, blocking traffic,

69
00:03:15,720 --> 00:03:16,600
Speaker 6: causing obstruction.

70
00:03:17,400 --> 00:03:19,320
Speaker 2: What do they want and when do they want?

71
00:03:19,680 --> 00:03:21,000
Speaker 7: We want the warder and we.

72
00:03:21,080 --> 00:03:24,360
Speaker 6: Want our hostages back. We want our soldiers back safe home,

73
00:03:24,720 --> 00:03:28,520
Speaker 6: and we want a humanitarian disaster in Gaza to end.

74
00:03:28,919 --> 00:03:31,440
Speaker 7: We do not want to have these primes made.

75
00:03:31,280 --> 00:03:31,880
Speaker 8: In our name.

76
00:03:32,160 --> 00:03:34,920
Speaker 2: Old Binge running as usual lines the sum when we

77
00:03:35,040 --> 00:03:35,400
Speaker 2: come up.

78
00:03:35,680 --> 00:03:37,400
Speaker 9: Those who are calling for an end to the war

79
00:03:37,480 --> 00:03:41,040
Speaker 9: today without defeating Hamas are not only hardening Hamas's stance

80
00:03:41,120 --> 00:03:43,720
Speaker 9: and delaying the release of our hostages. They are also

81
00:03:43,880 --> 00:03:46,960
Speaker 9: ensuring that the horrors of October seventh will recur again

82
00:03:47,000 --> 00:03:47,400
Speaker 9: and again.

83
00:03:47,560 --> 00:03:49,520
Speaker 2: And then in Britain it's horse racing fans up in

84
00:03:49,600 --> 00:03:51,720
Speaker 2: arms as the government dies a tax increase on beating,

85
00:03:51,760 --> 00:03:53,200
Speaker 2: so the industry is going on strike.

86
00:03:53,320 --> 00:03:56,640
Speaker 10: We are part of the social fabric eventuation with a

87
00:03:56,800 --> 00:04:03,040
Speaker 10: second most attended sport in We are part of broad

88
00:04:03,040 --> 00:04:05,240
Speaker 10: communities right up and down the country. You were an

89
00:04:05,240 --> 00:04:08,480
Speaker 10: employer of around eighty five thousand people across the nation.

90
00:04:08,760 --> 00:04:11,560
Speaker 2: Finally, China's just wrapped up its three day Humanoid Robot

91
00:04:11,680 --> 00:04:14,440
Speaker 2: Game and it was the showcase of the world's advances

92
00:04:14,560 --> 00:04:17,279
Speaker 2: in AI and featured robotics from two hundred and eighty

93
00:04:17,279 --> 00:04:20,360
Speaker 2: team sixteen different countries that were soccer and running and boxing.

94
00:04:20,400 --> 00:04:23,279
Speaker 2: Also a number of jump events on the track. Experts

95
00:04:23,320 --> 00:04:26,240
Speaker 2: reckon it was impressive, but the current reality remains. You

96
00:04:26,360 --> 00:04:28,960
Speaker 2: still meet the humans who were never far away, controlling

97
00:04:29,040 --> 00:04:32,400
Speaker 2: them and changing batteries and adjusting dedlands and picking up

98
00:04:32,440 --> 00:04:34,760
Speaker 2: after they fell over. So that is news of the

99
00:04:34,800 --> 00:04:37,039
Speaker 2: world in nineteen Do I have good news from Japan?

100
00:04:37,120 --> 00:04:40,000
Speaker 2: I do zero point three percent quarter over quarter for

101
00:04:40,040 --> 00:04:41,640
Speaker 2: the second quarter. That's more than they thought year on

102
00:04:41,760 --> 00:04:43,800
Speaker 2: year at one point two percent. Net exports did it,

103
00:04:43,880 --> 00:04:47,279
Speaker 2: So Japan's doing okay, Thank you very much. Twelve past six.

104
00:04:49,560 --> 00:04:54,360
Speaker 1: The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered

105
00:04:54,400 --> 00:04:55,440
Speaker 1: by News Talks EVY.

106
00:04:57,600 --> 00:04:59,760
Speaker 2: So good news in Japan, not so good in China.

107
00:04:59,760 --> 00:05:02,120
Speaker 2: REATI sales up three point seven percent. They missed the

108
00:05:02,120 --> 00:05:05,280
Speaker 2: analyst expectation they thought four point six. Industrial output was

109
00:05:05,320 --> 00:05:08,719
Speaker 2: from one point seven. That's the weakest since November. Fixed

110
00:05:08,720 --> 00:05:11,920
Speaker 2: asset investment expanded one point six, slowing from two point eight,

111
00:05:11,960 --> 00:05:18,560
Speaker 2: so China is still a problem. Fifteen past six, Rich

112
00:05:18,560 --> 00:05:22,680
Speaker 2: Smith's morning to you. Morning mikeep from devon A Funds Management,

113
00:05:22,800 --> 00:05:25,560
Speaker 2: and I see something above fifty in manufacturing and I'll

114
00:05:25,600 --> 00:05:26,440
Speaker 2: take it all day long.

115
00:05:27,000 --> 00:05:28,560
Speaker 11: Yeah, we've got some good news and it's not from

116
00:05:28,640 --> 00:05:31,440
Speaker 11: tourism or agriculture for once. So this is the Benz

117
00:05:31,600 --> 00:05:35,280
Speaker 11: Business News, the Unperformance of Manufacturing Index fifty two point eight.

118
00:05:35,320 --> 00:05:35,800
Speaker 2: You quite right.

119
00:05:35,839 --> 00:05:38,600
Speaker 11: It's an expensiony mode, up from forty nine point two

120
00:05:38,640 --> 00:05:41,120
Speaker 11: in June and the average of fifty two point five

121
00:05:41,200 --> 00:05:42,159
Speaker 11: since survey began.

122
00:05:42,320 --> 00:05:44,640
Speaker 3: So we're back at the levels of activities.

123
00:05:44,279 --> 00:05:48,240
Speaker 11: Sought the start a year all five seven decease. They

124
00:05:48,240 --> 00:05:51,440
Speaker 11: were an expansion mode. So new orders hecensed March twenty

125
00:05:51,480 --> 00:05:54,720
Speaker 11: twenty two, production heigcens August twenty twenty two, and even

126
00:05:54,760 --> 00:05:58,479
Speaker 11: employment they edged into positivity. That's encouraging as well. But yeah,

127
00:05:58,480 --> 00:06:01,960
Speaker 11: before we popped the champagne cork, the proportion of negative

128
00:06:01,960 --> 00:06:04,800
Speaker 11: comments and respondents stood at fifty eight point six percent,

129
00:06:04,880 --> 00:06:07,479
Speaker 11: so that's down from sixty five percent of main June.

130
00:06:07,520 --> 00:06:10,880
Speaker 11: But still observed that a pessimism there around costs, inflation,

131
00:06:11,000 --> 00:06:14,520
Speaker 11: economic concertainly, and of course our fifteen percent tariffs that

132
00:06:14,600 --> 00:06:17,920
Speaker 11: put some explorers at a competitive disadvantage. So yeah, some

133
00:06:18,040 --> 00:06:21,479
Speaker 11: manufacturers citing a lack of confidence still and customers basically

134
00:06:21,560 --> 00:06:25,200
Speaker 11: ordering only what they immediately need. That's creating some sta conditions.

135
00:06:25,240 --> 00:06:27,640
Speaker 11: But activity has edged up but was still in a

136
00:06:27,760 --> 00:06:30,680
Speaker 11: tepid state. So now let's see we whether we get

137
00:06:30,680 --> 00:06:32,880
Speaker 11: a definitive turning point. But yeah, he sounds like we

138
00:06:32,960 --> 00:06:33,720
Speaker 11: might need another.

139
00:06:33,560 --> 00:06:35,600
Speaker 2: Rake up and then we've got well, we'll get one

140
00:06:35,600 --> 00:06:37,200
Speaker 2: of those this week. I hope fingers crossed.

141
00:06:37,200 --> 00:06:37,320
Speaker 11: Now.

142
00:06:37,480 --> 00:06:41,160
Speaker 2: Migration at thirteen seven, so it's going down. It's getting

143
00:06:41,200 --> 00:06:43,520
Speaker 2: close to the zero every time we look in the Yeah,

144
00:06:43,560 --> 00:06:43,920
Speaker 2: that's right.

145
00:06:44,279 --> 00:06:46,440
Speaker 11: The Talwin's continue to fade, and I'd say we're barely

146
00:06:46,680 --> 00:06:49,240
Speaker 11: a stiff breeze right now. So yeah, thirteen thousand, seven

147
00:06:49,320 --> 00:06:51,320
Speaker 11: hundred and June twenty five years that was down from

148
00:06:51,920 --> 00:06:55,320
Speaker 11: seventy four hundred and June twenty twenty four, So we

149
00:06:55,440 --> 00:06:57,880
Speaker 11: lost forty six and a half thousand New Zealanders and

150
00:06:58,520 --> 00:07:01,160
Speaker 11: that's near record levels. We did see sixty thousand and

151
00:07:01,160 --> 00:07:03,640
Speaker 11: two and again of non New Zealanders. On the other side,

152
00:07:03,720 --> 00:07:05,800
Speaker 11: so that also was down from the Giddy Heights one

153
00:07:05,880 --> 00:07:09,040
Speaker 11: hundred and fifteen thousand in June twenty twenty four, and

154
00:07:09,160 --> 00:07:12,440
Speaker 11: the number of non New Zealand citizens arriving had nearly

155
00:07:12,560 --> 00:07:15,080
Speaker 11: hard from the October twenty twenty three years, so New

156
00:07:15,160 --> 00:07:17,160
Speaker 11: Zealand's is not as attractive as it was, and the

157
00:07:17,240 --> 00:07:21,040
Speaker 11: brain drain MIKE is continuing. Seventy one thousand, eight hundred

158
00:07:21,040 --> 00:07:23,920
Speaker 11: departures of kiwis in the June twenty five year that

159
00:07:24,000 --> 00:07:26,600
Speaker 11: was just below the record in twenty twelve. In terms

160
00:07:26,640 --> 00:07:29,320
Speaker 11: of age group, eighteen to thirty year olds are thirty

161
00:07:29,360 --> 00:07:31,000
Speaker 11: eight percent of the amount. If we want to take

162
00:07:31,040 --> 00:07:33,440
Speaker 11: a positive, that's down from the peak in nineteen seventy nine.

163
00:07:33,640 --> 00:07:37,520
Speaker 11: It's sixty percent then, but fourteen out of every thousand

164
00:07:37,560 --> 00:07:40,880
Speaker 11: on a per capita basis are leaving, and that's also

165
00:07:40,920 --> 00:07:43,000
Speaker 11: down from a peak of twenty in that same year.

166
00:07:43,040 --> 00:07:46,200
Speaker 11: But one thing though, Mike tourism is still humming. Overseas

167
00:07:46,280 --> 00:07:48,720
Speaker 11: visit arrivals three point three eight million in the year

168
00:07:49,400 --> 00:07:51,400
Speaker 11: that's up one hundred and sixty two thousand on the

169
00:07:51,480 --> 00:07:54,680
Speaker 11: year before. Ossie's are coming in droves up one hundred

170
00:07:54,680 --> 00:07:56,600
Speaker 11: and forty one thousand to one point four million. Just

171
00:07:56,760 --> 00:07:59,480
Speaker 11: looking at the month June, we still visit arrivals of

172
00:07:59,480 --> 00:08:02,200
Speaker 11: one hundred eight six eight hundred, so we're around about

173
00:08:02,200 --> 00:08:04,640
Speaker 11: eighty seven of pre COVID. So sort of getting back there.

174
00:08:05,200 --> 00:08:07,920
Speaker 11: And you talk about food inflation, the cost of living, well,

175
00:08:08,080 --> 00:08:11,200
Speaker 11: we're still managing to find money to go sure on holidays. Yeah,

176
00:08:11,640 --> 00:08:14,920
Speaker 11: so particular Aga are record seven hundred and thirty thousand

177
00:08:14,960 --> 00:08:18,280
Speaker 11: trips there, that's up twenty percent on the year before.

178
00:08:19,200 --> 00:08:21,600
Speaker 11: And we suppose, you know, we're also looking at the

179
00:08:21,680 --> 00:08:24,240
Speaker 11: region accounting for around about a quarter of all short

180
00:08:24,360 --> 00:08:27,480
Speaker 11: term overseas trips. So now the borders are certainly busy.

181
00:08:27,560 --> 00:08:31,080
Speaker 2: Mike Good US retail scene, give us the update.

182
00:08:31,920 --> 00:08:34,679
Speaker 11: So the US consumers hanging in there. So sales rows

183
00:08:34,800 --> 00:08:36,960
Speaker 11: at the retail level up half percent last month, seven

184
00:08:37,040 --> 00:08:40,520
Speaker 11: and twenty six billion. That was extending dunes up at

185
00:08:40,520 --> 00:08:43,640
Speaker 11: the revised point nine percent move annually, it's up three

186
00:08:43,679 --> 00:08:46,560
Speaker 11: point nine percent. The numbers zo aren't adjusted for inflation

187
00:08:46,720 --> 00:08:49,640
Speaker 11: to be that of mine. But America's love of cars

188
00:08:49,679 --> 00:08:52,959
Speaker 11: that continue to drive spending, So motor vehicle and autoparts

189
00:08:53,000 --> 00:08:54,760
Speaker 11: are up one point six percent. If you strip all

190
00:08:54,800 --> 00:08:57,160
Speaker 11: that out sales up point three percent, So it does

191
00:08:57,280 --> 00:08:59,960
Speaker 11: seem like things are moderating and we're seeing the uning seeds.

192
00:09:00,160 --> 00:09:00,319
Speaker 12: Mike.

193
00:09:00,360 --> 00:09:03,920
Speaker 11: It's particularly moderating in terms of spending amongst lower income households.

194
00:09:04,000 --> 00:09:06,440
Speaker 11: And there was an interesting survey out as well, as

195
00:09:06,440 --> 00:09:08,400
Speaker 11: there always is from a University of Michigan, and that

196
00:09:08,520 --> 00:09:10,880
Speaker 11: showed that consumers sentiment is down for the first time

197
00:09:11,360 --> 00:09:14,280
Speaker 11: in four months. And guess what the concerns are over inflation.

198
00:09:14,559 --> 00:09:17,600
Speaker 11: So consumers they expect inflation to be four point nine

199
00:09:17,600 --> 00:09:20,800
Speaker 11: percent of the next year, three point nine the next

200
00:09:20,840 --> 00:09:23,480
Speaker 11: five to ten years, and that it's a little bit

201
00:09:23,480 --> 00:09:25,440
Speaker 11: of a concern really because fifty eight percent of use

202
00:09:25,520 --> 00:09:27,960
Speaker 11: consumers plan to cut back their spinning on the year

203
00:09:28,000 --> 00:09:30,520
Speaker 11: head as they braced for further inflation. So, you know,

204
00:09:30,600 --> 00:09:33,280
Speaker 11: maybe despite what the White House in recent CPI data

205
00:09:33,360 --> 00:09:36,640
Speaker 11: maybe saying, I reckon, Americans see themselves as footing the bill,

206
00:09:36,760 --> 00:09:39,720
Speaker 11: so they might be onto something. US import prices they

207
00:09:39,840 --> 00:09:42,480
Speaker 11: increased by point four percent in July. That was against

208
00:09:42,600 --> 00:09:46,360
Speaker 11: expectations for them to be flat numbers. Please, So the

209
00:09:46,480 --> 00:09:49,079
Speaker 11: Dow was edged up on Friday out point one percent

210
00:09:49,160 --> 00:09:51,840
Speaker 11: forty four nine four six is in P five hundred

211
00:09:51,880 --> 00:09:54,040
Speaker 11: that was down point three percent sixty four four nine,

212
00:09:54,080 --> 00:09:56,439
Speaker 11: but still had a positive week. NAZAC that was down

213
00:09:56,480 --> 00:09:59,120
Speaker 11: point four percent, foot Sea also down point four percent.

214
00:09:59,440 --> 00:10:01,320
Speaker 11: Nick it was up one point seven percent. You mentioned

215
00:10:01,400 --> 00:10:04,000
Speaker 11: Japan's for forty three three seven eight there asex two

216
00:10:04,080 --> 00:10:07,240
Speaker 11: hundred point seven percent eight nine three eight INTx fifty

217
00:10:07,280 --> 00:10:09,560
Speaker 11: we're up point four percent twelve eight eight nine. Gold

218
00:10:09,600 --> 00:10:11,880
Speaker 11: that was flat three thousand three and thirty six ounce

219
00:10:12,240 --> 00:10:14,760
Speaker 11: oil down on dollars sixteen sixty two spot eight eighty.

220
00:10:14,880 --> 00:10:17,640
Speaker 11: In the currency markets, keevy slightly high against the US

221
00:10:17,679 --> 00:10:20,679
Speaker 11: sold fifty nine point too, slightly lower against Austrand dollar

222
00:10:20,760 --> 00:10:23,240
Speaker 11: ninety one point zero British pound. We have forty three

223
00:10:23,280 --> 00:10:25,959
Speaker 11: point seven Japanese gen We're down point three percent eighty

224
00:10:26,000 --> 00:10:28,840
Speaker 11: seven point two this week. Mike Lot's going on as usual.

225
00:10:29,360 --> 00:10:32,319
Speaker 11: We've got off shore got use housing starts five minutes inflation,

226
00:10:32,520 --> 00:10:36,480
Speaker 11: US Canada and Japan. Off shore earnings at Walmart, Target

227
00:10:36,559 --> 00:10:39,800
Speaker 11: Home Depost lots on the retail there and es day Lauder. Locally,

228
00:10:39,920 --> 00:10:44,040
Speaker 11: we've got fifteen companies reporting contact Aukan Airport A two

229
00:10:44,120 --> 00:10:48,040
Speaker 11: Milk and Spark Data Front service sector data producer prices

230
00:10:48,120 --> 00:10:51,440
Speaker 11: dairy auction trade and credit spinning data and of course

231
00:10:51,520 --> 00:10:54,080
Speaker 11: let's be having an RB and Z quart a point cut.

232
00:10:54,320 --> 00:10:57,240
Speaker 2: Yeah, did right go well? Greg Smith, Devon Funds Management,

233
00:10:57,280 --> 00:11:01,959
Speaker 2: Monday Morning Past King Shine the UK generated you talk

234
00:11:01,960 --> 00:11:04,120
Speaker 2: about people with money to travel and people got money

235
00:11:04,160 --> 00:11:06,440
Speaker 2: to buy cheap crap from China. So she and schine

236
00:11:06,800 --> 00:11:11,560
Speaker 2: Ukar generated four and a half billion dollars in Britain

237
00:11:11,559 --> 00:11:13,360
Speaker 2: alone in sales last year.

238
00:11:13,480 --> 00:11:13,800
Speaker 4: Is that up?

239
00:11:13,920 --> 00:11:16,880
Speaker 2: Yes, it is. It's up thirty three percent. So there's

240
00:11:16,920 --> 00:11:18,640
Speaker 2: plenty of money out there for shopping if you want.

241
00:11:18,640 --> 00:11:20,720
Speaker 2: At six twenty one, here a news films.

242
00:11:20,720 --> 00:11:28,959
Speaker 1: There become the Vike Asking Breakfast Full Show podcast on iHeartRadio,

243
00:11:29,280 --> 00:11:30,600
Speaker 1: cow it By News Talks at be.

244
00:11:32,480 --> 00:11:35,760
Speaker 2: So did you get sucked in? Likehearted? Hey, you watched

245
00:11:35,760 --> 00:11:38,000
Speaker 2: it the whole thing. You're standing by, standing by, standing

246
00:11:38,040 --> 00:11:40,120
Speaker 2: by for Alaska, and nothing really happened while it did.

247
00:11:41,040 --> 00:11:43,360
Speaker 2: What we couldn't work out was why they thought it

248
00:11:43,400 --> 00:11:46,719
Speaker 2: would go any differently, Because when one major party is

249
00:11:46,800 --> 00:11:48,960
Speaker 2: not even in the room, not even in the country,

250
00:11:49,880 --> 00:11:52,000
Speaker 2: you can't possibly come out and answer a whole lot

251
00:11:52,040 --> 00:11:53,800
Speaker 2: of questions because of course you've got to go back

252
00:11:53,840 --> 00:11:56,120
Speaker 2: to that third party to see what you've secured in

253
00:11:56,160 --> 00:11:58,280
Speaker 2: the meeting behind closed doors. So Wit coughs out this

254
00:11:58,440 --> 00:12:02,400
Speaker 2: morning saying that Putin's offered this concession, this NATO style

255
00:12:02,600 --> 00:12:06,680
Speaker 2: Article five type concession, and the concession being an attack

256
00:12:06,760 --> 00:12:10,760
Speaker 2: on one is attack on all. So if he's conceded

257
00:12:10,840 --> 00:12:13,880
Speaker 2: that they're setting or laying the table for tomorrow, Rubio goes,

258
00:12:13,960 --> 00:12:16,000
Speaker 2: we're still a long way away from a peace agreement.

259
00:12:16,320 --> 00:12:18,679
Speaker 2: I don't think things going anywhere, but be that as

260
00:12:18,720 --> 00:12:20,840
Speaker 2: it may. Half of Europe turns up at the White

261
00:12:20,880 --> 00:12:23,640
Speaker 2: House tomorrow along with Zelenski. So what they're going to

262
00:12:23,679 --> 00:12:25,559
Speaker 2: go is, look what we've got for you. We've got

263
00:12:25,640 --> 00:12:29,280
Speaker 2: this NATO style guarantee. So once we've set this thing,

264
00:12:29,360 --> 00:12:32,760
Speaker 2: Putin's going nowhere ever again. In return, please can we

265
00:12:32,840 --> 00:12:35,559
Speaker 2: have just a fairly large slice of your country, at

266
00:12:35,600 --> 00:12:38,319
Speaker 2: which point the Europeans are going to go well, and

267
00:12:38,480 --> 00:12:41,439
Speaker 2: this is the only interesting part about this. Obviously, Zelenzi's

268
00:12:41,440 --> 00:12:44,480
Speaker 2: going to go no way, But what are europe What

269
00:12:44,559 --> 00:12:46,640
Speaker 2: are europe going to do? Who are spending a fortune

270
00:12:46,720 --> 00:12:48,040
Speaker 2: defending Ukraine? Are they going to go?

271
00:12:48,240 --> 00:12:48,400
Speaker 12: Look?

272
00:12:48,480 --> 00:12:51,079
Speaker 2: Mate, come on, honestly, it's just a slice. It's the

273
00:12:51,120 --> 00:12:53,719
Speaker 2: top right hand corner give it to him? Is that

274
00:12:53,800 --> 00:12:56,720
Speaker 2: how it's going to go? So this time tomorrow it'll

275
00:12:56,760 --> 00:12:58,959
Speaker 2: be all on six twenty five trending.

276
00:12:59,280 --> 00:13:03,679
Speaker 1: Now tom where house you're one star for Father's Day fragrances.

277
00:13:13,040 --> 00:13:16,160
Speaker 2: So we're going to sing eventually, Well the Garden of

278
00:13:17,280 --> 00:13:19,439
Speaker 2: does sound like Johnny Cash, doesn't It must have been

279
00:13:19,559 --> 00:13:21,679
Speaker 2: alone the guitar at the beginning, you think this is

280
00:13:21,720 --> 00:13:22,280
Speaker 2: Johnny Cash.

281
00:13:23,360 --> 00:13:27,440
Speaker 8: Funny, it was cows with guns for a minute there, No, I.

282
00:13:27,520 --> 00:13:33,240
Speaker 2: Didn't Russell cry the Gentleman Barbers, which is quite a

283
00:13:33,280 --> 00:13:35,160
Speaker 2: good name for a band, really, isn't it. Last time

284
00:13:35,200 --> 00:13:36,960
Speaker 2: we had Russell Croh in the program he talked about

285
00:13:37,000 --> 00:13:38,439
Speaker 2: is he was? He was out here touring with the

286
00:13:38,480 --> 00:13:42,319
Speaker 2: Gentleman Barbers. Anyways, say, was it the indoor garden party?

287
00:13:42,360 --> 00:13:42,520
Speaker 9: There?

288
00:13:43,880 --> 00:13:44,040
Speaker 13: Oh?

289
00:13:44,120 --> 00:13:46,800
Speaker 2: I see? Could have been the indoor garden party because and.

290
00:13:46,840 --> 00:13:49,320
Speaker 8: Then of course before that you had the ordinary fear

291
00:13:49,360 --> 00:13:52,199
Speaker 8: of God, and then before that you had did I

292
00:13:52,360 --> 00:13:52,920
Speaker 8: put a crown?

293
00:13:54,760 --> 00:14:01,240
Speaker 2: Hopelessly and decisive, isn't it? Anyway? He's released a music video,

294
00:14:02,200 --> 00:14:04,680
Speaker 2: spoken for the first time about that famous phone incident

295
00:14:04,800 --> 00:14:08,559
Speaker 2: in New York. He goes, look, man at sixty one,

296
00:14:09,000 --> 00:14:13,079
Speaker 2: he's only sixty one, he is, he looks older. I

297
00:14:13,160 --> 00:14:15,920
Speaker 2: can forgive my bad days, not all. I'm not one

298
00:14:15,960 --> 00:14:18,079
Speaker 2: of those people that can say you shouldn't have regrets.

299
00:14:18,080 --> 00:14:21,600
Speaker 2: I absolutely respect regret. Regret as one of the greatest processes.

300
00:14:22,360 --> 00:14:24,800
Speaker 2: You know, you're not going to be finding any improvement

301
00:14:24,880 --> 00:14:27,040
Speaker 2: by not being honest with yourself about who you are

302
00:14:27,160 --> 00:14:29,200
Speaker 2: and what you did and what you might have said.

303
00:14:29,760 --> 00:14:33,480
Speaker 2: Let's see refined Russell clearly in the contemplative mood with

304
00:14:33,600 --> 00:14:40,760
Speaker 2: those smart gentleman barbers ai into that. What about running

305
00:14:40,800 --> 00:14:42,760
Speaker 2: it on nuclear? What about that? Is an idea? This

306
00:14:43,200 --> 00:14:45,040
Speaker 2: is an idea. That's a good idea, but it's one

307
00:14:45,080 --> 00:14:47,800
Speaker 2: of those good ideas that's going nowhere. Were having you

308
00:14:47,920 --> 00:14:50,280
Speaker 2: report on this and the possibilities for the New Zealand

309
00:14:50,320 --> 00:14:54,160
Speaker 2: economy to tell you about in a moment, the.

310
00:14:54,280 --> 00:14:59,720
Speaker 1: News and the newsmakers, the Mic Hosking breakfast with Rainethrover

311
00:15:00,080 --> 00:15:03,160
Speaker 1: leading by example, news togs dead by.

312
00:15:02,800 --> 00:15:04,800
Speaker 2: Interesting polls out in Australia this morning. I have to

313
00:15:04,840 --> 00:15:07,680
Speaker 2: you shortly, Richard arn lobbisly on tomorrow's big meeting in

314
00:15:07,720 --> 00:15:09,760
Speaker 2: the monment though twenty three minutes away from seven back

315
00:15:09,800 --> 00:15:11,600
Speaker 2: here in New report is what we need to do

316
00:15:11,800 --> 00:15:14,360
Speaker 2: energy wise when it comes to things like AI. We

317
00:15:14,520 --> 00:15:17,360
Speaker 2: want it, as claimed, to become a data hub. Now

318
00:15:17,440 --> 00:15:19,480
Speaker 2: to do this, we need to look at small scale

319
00:15:19,520 --> 00:15:24,240
Speaker 2: You're ready small scale nuclear reactors. Thomas Scrooonship, researcher at

320
00:15:24,280 --> 00:15:27,680
Speaker 2: the maximum institutes with us Thomas Morning, Good morning, Mike.

321
00:15:27,960 --> 00:15:30,760
Speaker 2: Do we want to become an AI and data center country?

322
00:15:30,800 --> 00:15:33,080
Speaker 2: It doesn't everybody? And if we do, aren't we behind

323
00:15:33,120 --> 00:15:33,920
Speaker 2: the race already?

324
00:15:35,240 --> 00:15:37,960
Speaker 14: Well, we certainly have a wonderful opportunity here to be

325
00:15:38,040 --> 00:15:41,280
Speaker 14: thinking about how we can expand this industry. Now, we

326
00:15:41,320 --> 00:15:43,600
Speaker 14: already have some of these data centers here in New Zealand,

327
00:15:43,680 --> 00:15:48,160
Speaker 14: both smaller local providers but also Amazon and Microsoft are

328
00:15:48,200 --> 00:15:51,760
Speaker 14: investing reasonably heavily in New Zealand. It's expected to count

329
00:15:51,760 --> 00:15:54,520
Speaker 14: for about ten billion dollars of GDP over the next

330
00:15:54,560 --> 00:15:58,080
Speaker 14: fifteen years. So there are things already happening. And I

331
00:15:58,120 --> 00:16:00,320
Speaker 14: guess the advantage we have is that we have a

332
00:16:00,360 --> 00:16:04,640
Speaker 14: relatively cool climate, and we have renewable energy, which some

333
00:16:04,840 --> 00:16:07,480
Speaker 14: investors will think is at a feature, and then reconably

334
00:16:07,480 --> 00:16:11,040
Speaker 14: good privacy laws. So we are an attractive opportunity here,

335
00:16:11,080 --> 00:16:12,920
Speaker 14: but we need to make the right steps keep.

336
00:16:12,840 --> 00:16:16,040
Speaker 2: Growing it in the scale up required power wise, is

337
00:16:16,160 --> 00:16:19,000
Speaker 2: nuclear the only way, Well.

338
00:16:18,960 --> 00:16:21,760
Speaker 14: Nuclear is not the only way. The secret with energy

339
00:16:21,800 --> 00:16:25,480
Speaker 14: production is to pursue all options. The government has just

340
00:16:25,800 --> 00:16:28,520
Speaker 14: announced in the last few months a sixty million dollar

341
00:16:28,560 --> 00:16:33,520
Speaker 14: investment and researching super critical geothermal. So that's like conventional

342
00:16:33,560 --> 00:16:36,720
Speaker 14: geotherrmal energy, but you go deeper and find more power.

343
00:16:36,800 --> 00:16:37,720
Speaker 15: So that's another.

344
00:16:39,120 --> 00:16:42,120
Speaker 14: Pushing out the boat a bit to see some emerging technologies,

345
00:16:42,400 --> 00:16:45,640
Speaker 14: but conventional things like hydro and geothermal are great as well.

346
00:16:45,800 --> 00:16:47,479
Speaker 14: So we want all sorts of energy.

347
00:16:47,320 --> 00:16:47,600
Speaker 16: Are they?

348
00:16:47,920 --> 00:16:49,880
Speaker 2: Because that's why I asked the question. I mean, we

349
00:16:50,000 --> 00:16:52,480
Speaker 2: can't even produce enough power to keep the lights on

350
00:16:52,640 --> 00:16:54,960
Speaker 2: on a cold winter's morning for goodness sake. From everything

351
00:16:54,960 --> 00:16:57,280
Speaker 2: I'm reading with AI and data, it needs to be

352
00:16:57,560 --> 00:17:05,000
Speaker 2: exponentially growing. And that's what more dams, more propellers, more panels.

353
00:17:06,160 --> 00:17:10,359
Speaker 14: Yeah, absolutely we small nuclear reactors are an excellent source

354
00:17:11,080 --> 00:17:14,800
Speaker 14: of energy that we should be exploring. The International Energy

355
00:17:14,880 --> 00:17:18,920
Speaker 14: Agencies report earlier this year was titled a New Era

356
00:17:19,160 --> 00:17:22,920
Speaker 14: for Nuclear Energy. The world is heavily heavily investing in

357
00:17:23,240 --> 00:17:28,159
Speaker 14: nuclear power. Over thirty countries have signed a pledge to

358
00:17:28,359 --> 00:17:31,800
Speaker 14: triple nuclear power production by twenty fifty. The world is

359
00:17:31,880 --> 00:17:34,840
Speaker 14: returning to nuclear power because it is clean, because it

360
00:17:35,000 --> 00:17:38,320
Speaker 14: is reliable, is always there for you. The nuclear power

361
00:17:38,359 --> 00:17:39,359
Speaker 14: is something we should be looking at.

362
00:17:39,520 --> 00:17:43,320
Speaker 2: That is correct, And you offer logic to me this morning,

363
00:17:43,400 --> 00:17:45,000
Speaker 2: and yet there will be many in New Zealand are

364
00:17:45,040 --> 00:17:47,359
Speaker 2: going absolutely not. How do you get over that hurdle?

365
00:17:48,359 --> 00:17:50,159
Speaker 14: Well, the first thing I want to point out is

366
00:17:50,200 --> 00:17:53,919
Speaker 14: that New Zealand's opposition to nuclear power is quite recent

367
00:17:54,400 --> 00:17:56,920
Speaker 14: in the nineteen seventies, so not that long ago. In

368
00:17:57,000 --> 00:18:00,000
Speaker 14: the nineteen seventies, we had a Royal Commission on Nuclear

369
00:18:00,280 --> 00:18:03,399
Speaker 14: Power and a release support Report in nineteen seventy eight

370
00:18:03,480 --> 00:18:06,720
Speaker 14: that was expecting a significant nuclear power program in New

371
00:18:06,800 --> 00:18:10,440
Speaker 14: Zealand by the early twenty first century. It's only since

372
00:18:10,480 --> 00:18:13,360
Speaker 14: the nineteen eighties we became a country that reacted against

373
00:18:13,680 --> 00:18:17,639
Speaker 14: nuclear power because of its associations with weapons testing in

374
00:18:17,680 --> 00:18:21,000
Speaker 14: the Pacific. But nuclear energy is not the same thing

375
00:18:21,000 --> 00:18:23,119
Speaker 14: as a nuclear bomb, and New Zealand hasn't always been

376
00:18:23,160 --> 00:18:25,760
Speaker 14: opposed to nuclear energy. Once upon a time we were

377
00:18:25,840 --> 00:18:28,600
Speaker 14: expecting to get nuclear power, and we can talk people

378
00:18:28,640 --> 00:18:29,119
Speaker 14: back into that.

379
00:18:29,600 --> 00:18:31,440
Speaker 2: Almost too much logic for us to handle on a

380
00:18:31,480 --> 00:18:33,399
Speaker 2: Monday Thomas Well done. Thomas Scrims are out of the

381
00:18:33,600 --> 00:18:35,359
Speaker 2: Maximum Institute this morning.

382
00:18:35,440 --> 00:18:38,960
Speaker 1: It is nineteen to seven the Mic Hosking Breakfast Full

383
00:18:39,040 --> 00:18:42,440
Speaker 1: Show podcast on iHeartRadio powered by News.

384
00:18:42,320 --> 00:18:46,960
Speaker 2: Talksb Heart Foundation runs seven lotteries every year, right each

385
00:18:47,040 --> 00:18:49,760
Speaker 2: with an incredible Jenian home up for grabs, And right

386
00:18:49,800 --> 00:18:51,800
Speaker 2: now there's a fully finished, started to be one in beautiful,

387
00:18:51,960 --> 00:18:56,080
Speaker 2: iconic tempo, absolute belter. You walk in furniture done. It's

388
00:18:56,359 --> 00:18:59,080
Speaker 2: million dollar value, all sorted, basically the full key we dream,

389
00:18:59,119 --> 00:19:01,440
Speaker 2: minus the mortgage. So it doesn't stop there either. They've

390
00:19:01,440 --> 00:19:03,760
Speaker 2: got travel, cold hard cash. They got a brand new

391
00:19:03,800 --> 00:19:05,920
Speaker 2: Toyota Hybrid and it's going to be one of the

392
00:19:05,960 --> 00:19:08,840
Speaker 2: amazing prize Paul. Tickets are just fifteen dollars ago. Every

393
00:19:08,960 --> 00:19:12,159
Speaker 2: ticket sold helps fund vital heart research right here in

394
00:19:12,200 --> 00:19:14,639
Speaker 2: the country. So you're doing good while giving yourself a

395
00:19:14,680 --> 00:19:17,920
Speaker 2: shot at something fantastic. So here's where you go. Heartlottery

396
00:19:18,640 --> 00:19:23,520
Speaker 2: dot org dot en z Okay, Heartlottery dot org dot

397
00:19:23,600 --> 00:19:26,320
Speaker 2: in Z. You grab some tickets, cross those fingers, because

398
00:19:26,320 --> 00:19:28,399
Speaker 2: someone's walking away with a million dollar home in Tapa

399
00:19:28,520 --> 00:19:31,200
Speaker 2: for your chance to win the Heart Foundation Lottery home.

400
00:19:31,600 --> 00:19:35,560
Speaker 2: You buy your tickets online today at Heartlottery dot org

401
00:19:35,840 --> 00:19:39,800
Speaker 2: dot n Z asks interesting watching the time interview with

402
00:19:39,920 --> 00:19:43,359
Speaker 2: robertson yesterday, no regrets whatsoever Following the party line Hipkins

403
00:19:43,440 --> 00:19:47,159
Speaker 2: and adur in collusion disappointing. He implies anyone that criticizes

404
00:19:47,200 --> 00:19:49,640
Speaker 2: their COVID response is likely a small bunch of conspiracy

405
00:19:49,720 --> 00:19:52,000
Speaker 2: theorists called it a show trial. I didn't see the interview.

406
00:19:52,000 --> 00:19:53,960
Speaker 2: Who's got time for that on a Sunday for goodness sake?

407
00:19:53,960 --> 00:19:57,000
Speaker 2: I saw the clips on the news, but the arrogance

408
00:19:57,080 --> 00:20:00,560
Speaker 2: involved is gobsmacking, isn't it. Which it brings me to

409
00:20:00,680 --> 00:20:02,840
Speaker 2: what I did read over the weekend was Bruce Cottle's

410
00:20:02,840 --> 00:20:04,200
Speaker 2: piece in The Herald. If you missed it read It

411
00:20:04,560 --> 00:20:07,200
Speaker 2: culminates in the simple Lie. He talks about these clowns

412
00:20:07,240 --> 00:20:09,920
Speaker 2: and not turning up and lack of accountability and responsibility

413
00:20:09,960 --> 00:20:12,080
Speaker 2: and lack of professionalism, all things that are going wrong

414
00:20:12,119 --> 00:20:14,199
Speaker 2: with the country. It culminates with the line of New

415
00:20:14,280 --> 00:20:20,200
Speaker 2: Zealand you need to wake up well worth reading sixteen.

416
00:20:19,800 --> 00:20:24,120
Speaker 13: To two International Correspondence with ends and eye insurance, peace

417
00:20:24,160 --> 00:20:25,520
Speaker 13: of mind for New Zealand business.

418
00:20:26,000 --> 00:20:28,200
Speaker 2: I'd Reachenland morning the good and what mind. Do you

419
00:20:28,280 --> 00:20:30,240
Speaker 2: have you any room left in the room tomorrow?

420
00:20:31,440 --> 00:20:31,680
Speaker 7: Yeah?

421
00:20:31,920 --> 00:20:34,639
Speaker 17: The Europeans are coming, are they ever? They are sending,

422
00:20:35,119 --> 00:20:37,560
Speaker 17: as you indicate, a remarkable number of heavy hitters through

423
00:20:37,680 --> 00:20:41,560
Speaker 17: Washington tomorrow to backup Ukrainian leader Zelenski in his meeting

424
00:20:41,640 --> 00:20:45,080
Speaker 17: post the Alaska someond with Trump. These include Germany's Chancellor

425
00:20:45,080 --> 00:20:48,840
Speaker 17: of Matt's, French President Macron, Britain's PM starm At, Finnish

426
00:20:48,920 --> 00:20:53,280
Speaker 17: President Stubb, Italy's Maloney, and the boss of NATO, Mark Rutta.

427
00:20:54,080 --> 00:20:57,160
Speaker 17: All these people are posse meant to who defend Zelensky

428
00:20:57,200 --> 00:20:59,600
Speaker 17: after he was ambushed on his last visit to the

429
00:20:59,600 --> 00:21:04,280
Speaker 17: overlofs Many will recall, No, says US Secretary of State Rubio.

430
00:21:04,480 --> 00:21:07,240
Speaker 18: They're not coming here tomorrow to keep Zelensky from being bullied.

431
00:21:08,119 --> 00:21:11,080
Speaker 7: Rubio says, as well, of this session.

432
00:21:11,080 --> 00:21:13,639
Speaker 18: Our goal here is to have a peace agreement to

433
00:21:13,840 --> 00:21:16,919
Speaker 18: end this war, okay. And obviously we felt, and I agreed,

434
00:21:17,160 --> 00:21:19,280
Speaker 18: that there was enough progress, not a lot of progress,

435
00:21:19,320 --> 00:21:22,320
Speaker 18: but enough progress made in those talks to allow us

436
00:21:22,359 --> 00:21:24,439
Speaker 18: to move to the next phase. If not, we wouldn't

437
00:21:24,480 --> 00:21:26,200
Speaker 18: be having Zelenski flying all the way over here. We

438
00:21:26,200 --> 00:21:28,199
Speaker 18: wouldn't be having all the Europeans coming all the way over.

439
00:21:28,359 --> 00:21:30,920
Speaker 17: What was the progress. Well, they're not really saying much,

440
00:21:31,440 --> 00:21:33,680
Speaker 17: which is typical of these meetings. It softened days and

441
00:21:33,760 --> 00:21:35,760
Speaker 17: days before we find out what really went on behind

442
00:21:35,800 --> 00:21:39,000
Speaker 17: closed doors. Instead, we saw all those upsettings, theatrics like

443
00:21:39,160 --> 00:21:42,119
Speaker 17: the glad handling with the Putin who was grinning as

444
00:21:42,160 --> 00:21:45,520
Speaker 17: he was welcomed into the Beast, the armored US presidential limo,

445
00:21:46,000 --> 00:21:47,720
Speaker 17: and who then was allowed to speak first at the

446
00:21:47,720 --> 00:21:50,879
Speaker 17: summit's No Questions news briefing and gleefully claimed that he

447
00:21:50,960 --> 00:21:53,440
Speaker 17: would never have invaded U Crate if Trump was in

448
00:21:53,560 --> 00:21:56,720
Speaker 17: power at the time, and who then labeled the Biden election.

449
00:21:56,640 --> 00:21:57,440
Speaker 2: Victory as they fraud.

450
00:21:57,480 --> 00:22:01,159
Speaker 17: It was pretty grotesque, says Democratic centers Chris Van Holland.

451
00:22:01,200 --> 00:22:03,560
Speaker 19: It was an embarrassment for the United States. It was

452
00:22:03,600 --> 00:22:07,080
Speaker 19: a failure. Couldn't got everything he wanted. I mean, first

453
00:22:07,320 --> 00:22:09,560
Speaker 19: of all, he wanted that photo op right, He wanted

454
00:22:09,600 --> 00:22:12,840
Speaker 19: to be absolved of his war crimes in front of

455
00:22:13,000 --> 00:22:15,360
Speaker 19: the world. He was invaded to the United States. War

456
00:22:15,400 --> 00:22:18,920
Speaker 19: criminals are not normally invited to the United States of America.

457
00:22:19,080 --> 00:22:22,640
Speaker 19: He is intentionally murdering civilians. He's kidnapping children, and now

458
00:22:22,680 --> 00:22:24,560
Speaker 19: he got to stand next to the President of the

459
00:22:24,720 --> 00:22:27,160
Speaker 19: United States, legitimized in the view of the world.

460
00:22:27,600 --> 00:22:28,720
Speaker 3: Second, he'd have to.

461
00:22:28,720 --> 00:22:31,720
Speaker 17: Give up anything, nothing, Well, a letter to Pertin prom

462
00:22:31,800 --> 00:22:34,399
Speaker 17: us first, Lady, Milania is a river to have been

463
00:22:34,400 --> 00:22:38,479
Speaker 17: written by Ai just Putin to quote restore the melodic

464
00:22:38,600 --> 00:22:42,320
Speaker 17: laughter of children. Sure, Russia fired another sixty weapons into

465
00:22:42,400 --> 00:22:45,360
Speaker 17: Ukraine last night, killing five people, wounding another eleven. Since

466
00:22:45,440 --> 00:22:47,760
Speaker 17: this war began, New York Times says Russia has lost

467
00:22:47,760 --> 00:22:49,880
Speaker 17: at least one hundred and twenty thousand people killed, while

468
00:22:49,920 --> 00:22:53,959
Speaker 17: the Guardians suggests it's over one million Russians killed or wounded,

469
00:22:54,160 --> 00:22:56,840
Speaker 17: while Ukrainian losses are estimated at seventy thousand dead and

470
00:22:56,920 --> 00:22:59,240
Speaker 17: up to one hundred and twenty thousand wounded. But is

471
00:22:59,320 --> 00:23:02,119
Speaker 17: there more happening on the diplomatic front. The Ukrainian medium

472
00:23:02,480 --> 00:23:06,639
Speaker 17: is slamming as unacceptable Russia's calls for Ukrainian territory to

473
00:23:06,720 --> 00:23:09,840
Speaker 17: be ceded to Putin, even in areas of the Eastern

474
00:23:09,880 --> 00:23:13,119
Speaker 17: Donetic that Russia doesn't have military control overs yet. One

475
00:23:13,240 --> 00:23:16,440
Speaker 17: Ukrainian newspaper calls the Alaska someone quotes sickly, shameful and

476
00:23:16,680 --> 00:23:19,640
Speaker 17: useless for Trump. In voice, Steve Widcough, who has been

477
00:23:20,119 --> 00:23:22,000
Speaker 17: very much eat on the talk, says no, there have

478
00:23:22,160 --> 00:23:25,119
Speaker 17: been small diplomatic gains from Russia.

479
00:23:25,359 --> 00:23:28,080
Speaker 16: They made some other concessions on several of the regions.

480
00:23:28,119 --> 00:23:29,800
Speaker 16: I'm not going to discuss it now.

481
00:23:30,080 --> 00:23:32,960
Speaker 2: The Ukrainians are aware of it, as are the Europeans,

482
00:23:33,240 --> 00:23:35,040
Speaker 2: and it was significant.

483
00:23:35,320 --> 00:23:35,959
Speaker 20: That's interesting.

484
00:23:36,040 --> 00:23:38,800
Speaker 17: Also on future security, says Witkough.

485
00:23:38,480 --> 00:23:39,080
Speaker 21: We agreed to.

486
00:23:40,760 --> 00:23:45,000
Speaker 1: Robust security guarantees that I would describe as game changing.

487
00:23:45,160 --> 00:23:47,159
Speaker 17: Again tell us more so, it's a tough situation, a

488
00:23:47,240 --> 00:23:50,119
Speaker 17: tough meeting for Zelensky. Meantime, One other view is that

489
00:23:50,240 --> 00:23:53,600
Speaker 17: all is simply to set up things to fail. Whether

490
00:23:53,680 --> 00:23:55,920
Speaker 17: Trump team then can say they tribe and walk off,

491
00:23:56,160 --> 00:23:58,560
Speaker 17: bailing on the commitment and leaving Ukraine and the Western

492
00:23:58,560 --> 00:23:59,600
Speaker 17: Alliance in chaos.

493
00:24:00,160 --> 00:24:02,879
Speaker 2: See let's see see Wednesday. Richard Arden state, So I

494
00:24:02,960 --> 00:24:04,400
Speaker 2: just a couple of things in that part of the world.

495
00:24:04,680 --> 00:24:04,960
Speaker 22: D C.

496
00:24:05,320 --> 00:24:08,600
Speaker 2: Washington are suing Trump over the you know, in fact,

497
00:24:08,600 --> 00:24:10,000
Speaker 2: there's a lot of tanks on the streets and they

498
00:24:10,040 --> 00:24:12,359
Speaker 2: don't like it. Mortgage rates lowest level in ten months.

499
00:24:12,720 --> 00:24:17,200
Speaker 2: But think about this, they're thirty fixed, which is psychologically

500
00:24:17,480 --> 00:24:20,399
Speaker 2: quite something for people in this country. You argue over

501
00:24:20,480 --> 00:24:22,520
Speaker 2: whether we should settle on eighteen months or two years,

502
00:24:22,600 --> 00:24:25,680
Speaker 2: they do thirty years fixed. It's currently sitting. It's the

503
00:24:25,840 --> 00:24:29,280
Speaker 2: Remember it's the lowest levels in October six, zero point

504
00:24:29,400 --> 00:24:31,680
Speaker 2: five eight percent, So it ain't that flash. But the

505
00:24:31,840 --> 00:24:34,040
Speaker 2: best story out of America this weekend was, of course,

506
00:24:34,520 --> 00:24:38,320
Speaker 2: the fact that Stoltenberg, formerly of NATO, was wandering down

507
00:24:38,359 --> 00:24:40,600
Speaker 2: the street perfectly happily when his phone rings and it

508
00:24:40,640 --> 00:24:46,200
Speaker 2: was Trump inquiring about the Nobel Peace Price. I wouldn't

509
00:24:46,280 --> 00:24:49,800
Speaker 2: mind price. And of all the stories that float around

510
00:24:49,800 --> 00:24:51,840
Speaker 2: about Trump as to whether they're true or not, you

511
00:24:52,000 --> 00:24:54,360
Speaker 2: know full will that's true, don't you. Ten away from

512
00:24:54,440 --> 00:24:55,439
Speaker 2: seven the.

513
00:24:55,640 --> 00:24:59,399
Speaker 3: Mike Casting Breakfast with Bailey's real estate news talks, they'd be.

514
00:24:59,440 --> 00:25:01,960
Speaker 2: By the way, I mean this briefly. Last week, Bolivia's

515
00:25:02,119 --> 00:25:05,120
Speaker 2: voting at the moment for the president for the BP

516
00:25:05,400 --> 00:25:07,720
Speaker 2: thirty six Senate seat one hundred and thirty Chamber of Deputies,

517
00:25:07,760 --> 00:25:09,399
Speaker 2: the most important one. There's a couple of the right wingers.

518
00:25:09,440 --> 00:25:13,240
Speaker 2: There are ten candidates in all. The two leading ones

519
00:25:13,400 --> 00:25:15,639
Speaker 2: will not get. No one thinks today they will get

520
00:25:15,680 --> 00:25:17,879
Speaker 2: the fifty percent required. So they're going to have a runoff,

521
00:25:17,880 --> 00:25:21,360
Speaker 2: but that's unfolding as we speak. Three polls, you want,

522
00:25:21,400 --> 00:25:25,040
Speaker 2: three poles, So as regards the aforementioned Robertson, Hipkins, et cetera,

523
00:25:25,160 --> 00:25:28,280
Speaker 2: and that disgrace as to whether they should have fronted

524
00:25:28,359 --> 00:25:31,720
Speaker 2: the COVID inquiry poll out over the weekend, fifty three

525
00:25:31,720 --> 00:25:34,639
Speaker 2: to twenty eight. Does that surprise you? Nineteen don't know.

526
00:25:34,800 --> 00:25:36,720
Speaker 2: That will be their great hope. That'll be the advice

527
00:25:36,760 --> 00:25:39,480
Speaker 2: they're getting from Denton's the lawyers, of course, that people

528
00:25:39,520 --> 00:25:41,560
Speaker 2: have moved on and next year an election year, they

529
00:25:41,600 --> 00:25:44,000
Speaker 2: don't feel bad about it anymore, that they don't care anymore.

530
00:25:44,040 --> 00:25:46,040
Speaker 2: But fifty three to twenty eight, twenty eight agree with

531
00:25:46,119 --> 00:25:49,440
Speaker 2: their decision, fifty three don't agree with it. So that's

532
00:25:49,760 --> 00:25:53,480
Speaker 2: fairly compelling, I would argue. Then we've got a poll

533
00:25:53,520 --> 00:25:56,760
Speaker 2: this morning and at two poles in Australia. One's a

534
00:25:56,840 --> 00:26:00,520
Speaker 2: news poll forty two percent, so that the US tariffs

535
00:26:00,600 --> 00:26:03,600
Speaker 2: are of more concern than the Chinese military build up.

536
00:26:04,119 --> 00:26:05,720
Speaker 2: So I suppose that's got something to do with the

537
00:26:05,800 --> 00:26:07,520
Speaker 2: real world and real life in your price to be

538
00:26:07,600 --> 00:26:09,840
Speaker 2: groceries or yaka or your house or whatever. So forty

539
00:26:09,880 --> 00:26:12,720
Speaker 2: two percent think the US tariffs are more important than

540
00:26:12,760 --> 00:26:14,760
Speaker 2: the Chinese military build up. So it's forty two to

541
00:26:14,880 --> 00:26:20,199
Speaker 2: thirty seven twenty one. Don't know, it's split Conservatives more

542
00:26:20,200 --> 00:26:22,800
Speaker 2: worried about the Chinese. But then you've got Elban Easy

543
00:26:23,280 --> 00:26:25,600
Speaker 2: and this is one of them. This is a zeitgeist thing.

544
00:26:25,640 --> 00:26:27,920
Speaker 2: As far as I can work out, Elban Easy is

545
00:26:28,000 --> 00:26:31,240
Speaker 2: getting more popular by the day. For a guy who

546
00:26:31,359 --> 00:26:34,520
Speaker 2: struggled in his first term at times looked like a shambles,

547
00:26:35,200 --> 00:26:37,639
Speaker 2: he won the election one at well, and then this

548
00:26:37,760 --> 00:26:41,119
Speaker 2: morning's poll they're up another two points primary vote to

549
00:26:41,160 --> 00:26:46,560
Speaker 2: thirty seven, the coalition's primary steady on twenty nine and

550
00:26:46,960 --> 00:26:48,640
Speaker 2: one nation is up a little bit. In fact, they're

551
00:26:48,720 --> 00:26:50,800
Speaker 2: up three to nine. And the rest of his increases

552
00:26:50,840 --> 00:26:52,880
Speaker 2: come from the minor parties, where the support is fading

553
00:26:52,880 --> 00:26:54,840
Speaker 2: away on the two party preferred, which is what they

554
00:26:54,920 --> 00:26:59,360
Speaker 2: base it on. Of course, fifty nine forty one. It's

555
00:26:59,440 --> 00:27:03,040
Speaker 2: a thrasho. So not only did he win a gargantuan

556
00:27:03,160 --> 00:27:06,920
Speaker 2: victory in the election, if they would hold election today

557
00:27:07,000 --> 00:27:11,600
Speaker 2: he would get even more seats. How do you explain that?

558
00:27:11,720 --> 00:27:13,480
Speaker 2: And when I say the zeitgeist, is it just one

559
00:27:13,520 --> 00:27:16,080
Speaker 2: of those things? Once you perceive in your mind he

560
00:27:16,200 --> 00:27:19,520
Speaker 2: looks like a winner. Therefore he is. Could that be

561
00:27:19,640 --> 00:27:21,920
Speaker 2: the reverse of luxeant? Once you perceive he's not doing

562
00:27:22,000 --> 00:27:24,600
Speaker 2: that well, therefore he isn't. And whether it's true or

563
00:27:24,640 --> 00:27:28,199
Speaker 2: not doesn't matter. It's just it's a vibe. It's Marbo

564
00:27:28,560 --> 00:27:32,240
Speaker 2: five minutes away from seven polly Ins and the outs.

565
00:27:32,600 --> 00:27:36,640
Speaker 1: It's the fizz with business favor. Take your business productivity

566
00:27:36,760 --> 00:27:37,640
Speaker 1: to the next level.

567
00:27:37,680 --> 00:27:40,959
Speaker 2: Now our old mark listened. Craig's investment is worth read

568
00:27:41,000 --> 00:27:42,720
Speaker 2: this morning in the paper because he says, the current

569
00:27:42,760 --> 00:27:44,160
Speaker 2: reporting is that go I got to get a couple

570
00:27:44,200 --> 00:27:47,280
Speaker 2: of good stories. So eating out. I've got stats around

571
00:27:47,280 --> 00:27:49,520
Speaker 2: eating out for you after seven o'clock. We are spending

572
00:27:50,040 --> 00:27:52,320
Speaker 2: money like the snow tomorrow. We're spending like drunks. In fact,

573
00:27:52,359 --> 00:27:54,200
Speaker 2: we probably are drunk when we eat out. The probably

574
00:27:54,240 --> 00:27:56,280
Speaker 2: get drunk and then spend more money. Anyway, I've got that.

575
00:27:57,160 --> 00:27:59,480
Speaker 2: You saw the manufacturing numbers earlier on this morning with

576
00:27:59,560 --> 00:28:01,520
Speaker 2: Greg but marks in the paper this morning, he says

577
00:28:01,560 --> 00:28:05,360
Speaker 2: the current reporting season suggests the long awaited economic recovery

578
00:28:05,640 --> 00:28:08,840
Speaker 2: is in sight. We're at the point where we can

579
00:28:09,040 --> 00:28:11,639
Speaker 2: reverse the damage of eight consecutive quarters of contraction. He

580
00:28:11,720 --> 00:28:14,440
Speaker 2: points to agg doing well, so there's no surprise there.

581
00:28:14,440 --> 00:28:17,040
Speaker 2: But he also says importantly, we've got through what those

582
00:28:17,119 --> 00:28:20,120
Speaker 2: in the industry called the confession season, when those businesses

583
00:28:20,160 --> 00:28:22,680
Speaker 2: that are struggling simply can't pretend anymore that they're viable.

584
00:28:23,320 --> 00:28:26,200
Speaker 2: And despite some businesses in retail construction, we've all heard

585
00:28:26,200 --> 00:28:29,359
Speaker 2: the story folding, he argues, We're out the other side

586
00:28:29,440 --> 00:28:35,719
Speaker 2: of confession season largely unscathed. We're relying on guidance from

587
00:28:35,720 --> 00:28:37,520
Speaker 2: the big companies coming up in the next week or so.

588
00:28:37,680 --> 00:28:40,440
Speaker 2: We've got Contact Energy, A two as Greg alluded to,

589
00:28:40,640 --> 00:28:45,000
Speaker 2: spark Auckland Airport, Freightways, Fletcher Building. They're all reporting freight

590
00:28:45,080 --> 00:28:47,600
Speaker 2: ways and Fletcher Building right the ups and downs of

591
00:28:47,640 --> 00:28:49,479
Speaker 2: the economy more than others. So the numbers are going

592
00:28:49,520 --> 00:28:50,200
Speaker 2: to be fascinating.

593
00:28:51,040 --> 00:28:52,000
Speaker 9: So the end of.

594
00:28:52,000 --> 00:28:53,800
Speaker 2: August is shaping up to be a big couple of

595
00:28:53,840 --> 00:28:56,920
Speaker 2: weeks for the government. So between the manufacturing, I gave

596
00:28:56,960 --> 00:28:59,880
Speaker 2: you the trichometer before I left you on Friday, them

597
00:29:00,160 --> 00:29:04,560
Speaker 2: at both light and heavy. We're both up. Got mark

598
00:29:04,800 --> 00:29:08,120
Speaker 2: in the paper this morning. I've got people out spending

599
00:29:08,240 --> 00:29:12,959
Speaker 2: like drunks at HOSPO. If you're watching the news last night.

600
00:29:13,000 --> 00:29:15,800
Speaker 2: They had the big travel show in christ Church over

601
00:29:15,800 --> 00:29:18,800
Speaker 2: the last couple of days. They've never seen people spending

602
00:29:18,840 --> 00:29:21,360
Speaker 2: money on travel like it in their life. We're going

603
00:29:21,400 --> 00:29:25,520
Speaker 2: to Asia. We're loving Asia apparently, so someone's got some dough.

604
00:29:26,120 --> 00:29:28,080
Speaker 8: I'm going to have to get my Mashitti out take

605
00:29:28,160 --> 00:29:29,280
Speaker 8: care of these green shoots.

606
00:29:29,400 --> 00:29:33,040
Speaker 2: It's amazing. So I don't know what's going on. Then

607
00:29:33,240 --> 00:29:35,560
Speaker 2: we come to the business of debt. Maybe that's where

608
00:29:35,600 --> 00:29:37,280
Speaker 2: it's all gone. Maybe we're just putting it on the

609
00:29:37,320 --> 00:29:40,520
Speaker 2: credit card. So we're heading towards a trillion dollars in debt?

610
00:29:41,240 --> 00:29:43,200
Speaker 2: Is that a bit of clickbait? I mean, is that

611
00:29:43,280 --> 00:29:45,320
Speaker 2: really a thing? Do we worry about things like that?

612
00:29:45,400 --> 00:29:48,520
Speaker 2: We'll crunch some numbers with Sharon's on or after the news, which.

613
00:29:48,320 --> 00:29:50,320
Speaker 17: Is next, Mazie.

614
00:29:51,040 --> 00:29:54,120
Speaker 1: The only report you need to start your day the

615
00:29:54,320 --> 00:29:59,920
Speaker 1: my casting Breakfast with Bailey's real estate altogether better across residential, commercial,

616
00:30:00,200 --> 00:30:01,320
Speaker 1: ad rural news toms.

617
00:30:01,360 --> 00:30:03,200
Speaker 2: He'd be well seven past seven. So the Herald this

618
00:30:03,280 --> 00:30:05,480
Speaker 2: morning are running a Nation of Debt series, and the

619
00:30:05,520 --> 00:30:07,200
Speaker 2: bit that's designed to get the clicks is the part

620
00:30:07,240 --> 00:30:09,120
Speaker 2: that tells us we're nearing a trillion dollars in debt,

621
00:30:09,120 --> 00:30:11,280
Speaker 2: and you're supposed to go, oh trillion, my word. Currently

622
00:30:11,280 --> 00:30:13,600
Speaker 2: it's eight hundred and seventy billion. That importantly is across

623
00:30:13,640 --> 00:30:15,600
Speaker 2: private and public. It's everybody's debt, of course, So what

624
00:30:15,640 --> 00:30:18,520
Speaker 2: does it actually mean? Sharon Zolna is the Ains Chief

625
00:30:18,560 --> 00:30:21,720
Speaker 2: economist of Courses back with a Sharon morning, good morning.

626
00:30:21,880 --> 00:30:24,520
Speaker 2: What am I supposed to make of this? Are we worried?

627
00:30:24,640 --> 00:30:25,920
Speaker 2: Is the trillion dollars a thing or not?

628
00:30:27,440 --> 00:30:29,240
Speaker 22: Well, it is a thing, but it's a nominal thing.

629
00:30:29,400 --> 00:30:32,240
Speaker 22: So yeah, you're quite right. They're just comparing nominal numbers

630
00:30:32,240 --> 00:30:34,240
Speaker 22: over time, don't It doesn't tell you a lot. You've

631
00:30:34,240 --> 00:30:37,480
Speaker 22: got to at least inflate it deflated by the price level,

632
00:30:37,840 --> 00:30:41,200
Speaker 22: or even better, consider it relative to incomes or relative

633
00:30:41,240 --> 00:30:42,920
Speaker 22: to wealth, and then you start getting some numbers that

634
00:30:42,960 --> 00:30:45,000
Speaker 22: are a bit more meaningful and less scary.

635
00:30:45,320 --> 00:30:47,600
Speaker 2: Right, And when you do that, are we in good shape?

636
00:30:47,760 --> 00:30:50,240
Speaker 2: Reasonable shape? Shocking shape? What sort of shape are week?

637
00:30:51,280 --> 00:30:51,400
Speaker 13: Well?

638
00:30:51,480 --> 00:30:54,680
Speaker 22: Things have deteriorated. Over the last ten years or so.

639
00:30:55,000 --> 00:30:57,480
Speaker 22: Our total debt to GDP's gone from about one hundred

640
00:30:57,520 --> 00:31:00,120
Speaker 22: and ninety percent to two hundred and eight percent. It's

641
00:31:00,120 --> 00:31:03,600
Speaker 22: a bit under double to a bit over double. And

642
00:31:03,720 --> 00:31:06,480
Speaker 22: if you look at what's caused, that is all government debt.

643
00:31:06,840 --> 00:31:09,760
Speaker 22: So household debt had a bump with the massive housing

644
00:31:09,800 --> 00:31:12,440
Speaker 22: bubble we had, but it's actually come back. It's about

645
00:31:12,440 --> 00:31:15,400
Speaker 22: half the debt, and then corporate debt and government debt

646
00:31:15,520 --> 00:31:19,640
Speaker 22: each about a quarter of the total. But the big

647
00:31:19,720 --> 00:31:22,040
Speaker 22: increase has been in government debt of course.

648
00:31:21,920 --> 00:31:22,920
Speaker 3: With the COVID.

649
00:31:22,960 --> 00:31:25,640
Speaker 2: Here, see what I worry about if I worry about anything,

650
00:31:25,800 --> 00:31:27,920
Speaker 2: is that who borrowed it, what did they borrow it for,

651
00:31:28,040 --> 00:31:29,920
Speaker 2: and are they paying it back? So business debt I

652
00:31:29,960 --> 00:31:32,160
Speaker 2: don't worry about because I am assuming they're smart enough

653
00:31:32,200 --> 00:31:34,320
Speaker 2: to borrow some money for expansion. That's a good sign.

654
00:31:34,400 --> 00:31:36,440
Speaker 2: I look at central government, but they're not even running

655
00:31:36,440 --> 00:31:38,920
Speaker 2: a surplus on an annual basis, so I worry more

656
00:31:38,920 --> 00:31:40,840
Speaker 2: about that. Then I look at local government debt up

657
00:31:40,880 --> 00:31:42,960
Speaker 2: fifteen percent, and all I'm doing is seeing my rates

658
00:31:43,000 --> 00:31:46,479
Speaker 2: bill go up. So are there sort of different sorts

659
00:31:46,640 --> 00:31:47,800
Speaker 2: and levels of debt?

660
00:31:49,000 --> 00:31:52,880
Speaker 22: Absolutely, whether a household affirm or a government. When if

661
00:31:52,920 --> 00:31:55,040
Speaker 22: you borrow money, then whether that's a good idea depends

662
00:31:55,280 --> 00:31:57,560
Speaker 22: very much on what you're spending it on. So taking

663
00:31:57,600 --> 00:32:00,760
Speaker 22: government for example, if you're buying infrastructure, it will make

664
00:32:00,840 --> 00:32:04,760
Speaker 22: your country more productive in the future. Great, If you're

665
00:32:05,040 --> 00:32:08,560
Speaker 22: fluttering away, not great. And the same goes for household concerns.

666
00:32:09,520 --> 00:32:11,760
Speaker 22: The trouble is, of course, with that massive and trees

667
00:32:11,840 --> 00:32:14,440
Speaker 22: and government that we don't necessarily have a lot to

668
00:32:14,600 --> 00:32:16,600
Speaker 22: show for it. Unfortunately.

669
00:32:17,080 --> 00:32:20,120
Speaker 2: The student loan, which is at eleven point nine billion,

670
00:32:20,200 --> 00:32:22,360
Speaker 2: I also think is that going to get paid back?

671
00:32:22,400 --> 00:32:23,960
Speaker 2: I mean, that's on the books as a debt that

672
00:32:24,040 --> 00:32:26,040
Speaker 2: will be paid back, but in I mean will it

673
00:32:27,720 --> 00:32:28,160
Speaker 2: good question?

674
00:32:28,720 --> 00:32:31,680
Speaker 22: Yeah, I think there's obviously question marks around that. The

675
00:32:33,120 --> 00:32:36,400
Speaker 22: decision to make the first year of study fees free

676
00:32:36,440 --> 00:32:39,240
Speaker 22: perhaps up the ante a little bit on that score.

677
00:32:39,400 --> 00:32:41,720
Speaker 22: You had people who were sort of untested in the

678
00:32:41,880 --> 00:32:45,200
Speaker 22: university and environment. Obviously we've had a lot of young

679
00:32:45,240 --> 00:32:50,320
Speaker 22: people gone overseas as well. So yeah, we'll wait and see.

680
00:32:50,400 --> 00:32:52,840
Speaker 22: But I think it's fair to say that it's probably

681
00:32:52,920 --> 00:32:55,320
Speaker 22: got a higher fault rate than the house. Indeed, I

682
00:32:55,360 --> 00:32:57,080
Speaker 22: don't imagine put it that way exactly.

683
00:32:57,240 --> 00:32:59,960
Speaker 2: Just while I've got you RB this week twenty five, that's.

684
00:32:59,840 --> 00:33:03,480
Speaker 22: A lock, looking like it As as much of a

685
00:33:03,520 --> 00:33:05,520
Speaker 22: lock as these things get. They gave a very strong

686
00:33:05,760 --> 00:33:09,240
Speaker 22: signal to that extent, and everyone's expecting it, so it

687
00:33:09,320 --> 00:33:11,800
Speaker 22: certainly would be a big shock if they didn't deliver.

688
00:33:12,080 --> 00:33:14,200
Speaker 22: Big question, as always is what comes next, So a

689
00:33:14,280 --> 00:33:15,680
Speaker 22: big focus on the forecast and.

690
00:33:16,000 --> 00:33:19,280
Speaker 2: The words they use exactly good to see Sharon's on

691
00:33:19,360 --> 00:33:22,120
Speaker 2: Ain's and chief Economists ten minutes past seven, Pascal and

692
00:33:22,640 --> 00:33:24,239
Speaker 2: the best figure really, as far as I can work

693
00:33:24,280 --> 00:33:26,520
Speaker 2: out on these debt numbers, agricultural that at sixty two

694
00:33:26,560 --> 00:33:28,480
Speaker 2: billion is down one percent. So when you're making the

695
00:33:28,520 --> 00:33:30,280
Speaker 2: sort of money the average farms making at the moment,

696
00:33:30,320 --> 00:33:32,640
Speaker 2: you're certainly not borrowing. Speaking of money though, the battle

697
00:33:32,680 --> 00:33:35,480
Speaker 2: of the dueling numbers and the food space, So Stats

698
00:33:35,520 --> 00:33:37,400
Speaker 2: New Zealand you would be well aware on Friday came

699
00:33:37,440 --> 00:33:39,360
Speaker 2: out with a food price index up five percent and

700
00:33:39,400 --> 00:33:41,560
Speaker 2: you go, oh my god, five percent, but food stuff

701
00:33:41,600 --> 00:33:43,560
Speaker 2: go wait a minute, it's actually three point four. So

702
00:33:43,640 --> 00:33:46,240
Speaker 2: what's going on here? Chris Quinn, food Stuff's North Ireland

703
00:33:46,280 --> 00:33:48,560
Speaker 2: man is with us morning, Good morning, Mike. So what's

704
00:33:48,640 --> 00:33:51,000
Speaker 2: the magic here? Does Stats say five, you say three

705
00:33:51,080 --> 00:33:53,959
Speaker 2: point four? You're not including restaurants and takeaways? Is that right?

706
00:33:55,080 --> 00:33:57,800
Speaker 23: It's not including restaurants and takeaways and Obviously there is

707
00:33:57,880 --> 00:34:00,800
Speaker 23: only food stuff's stores, so we've been hard to try

708
00:34:00,880 --> 00:34:05,000
Speaker 23: and limit the impact of these increases. It's mainly across dairy,

709
00:34:05,120 --> 00:34:07,720
Speaker 23: beef and land, which are our exported products that are

710
00:34:07,760 --> 00:34:10,840
Speaker 23: doing very very well on global markets, and obviously what

711
00:34:10,880 --> 00:34:13,440
Speaker 23: we're trying to do is somewhat ameliorate the effect on

712
00:34:13,480 --> 00:34:14,480
Speaker 23: our New Zealand consumers.

713
00:34:14,760 --> 00:34:16,879
Speaker 2: You saw that, we would have seen the headlines again,

714
00:34:17,000 --> 00:34:20,120
Speaker 2: Oh my god, it's five percent. Does that frustrate you?

715
00:34:20,280 --> 00:34:22,760
Speaker 2: Given if you break it down in a moderately sensible

716
00:34:22,760 --> 00:34:24,080
Speaker 2: sort of way, it's not the end of the world.

717
00:34:25,400 --> 00:34:27,160
Speaker 23: Look, there's no doubt this has an impact on New

718
00:34:27,239 --> 00:34:30,120
Speaker 23: Zealand household So, you know, a five percent increase year

719
00:34:30,160 --> 00:34:32,279
Speaker 23: on year. We have had a much better period. We've

720
00:34:32,280 --> 00:34:34,120
Speaker 23: been down on the twos and threes and those sort

721
00:34:34,120 --> 00:34:37,360
Speaker 23: of numbers, But for households this will be felt alongside

722
00:34:37,400 --> 00:34:40,799
Speaker 23: every other household cost. The key is it's the middle

723
00:34:40,840 --> 00:34:44,160
Speaker 23: of winter we are, you know, we have export pressure

724
00:34:44,239 --> 00:34:46,480
Speaker 23: on some products. So what we're trying to help our

725
00:34:46,560 --> 00:34:49,600
Speaker 23: customers with is understand where you can find value now

726
00:34:50,040 --> 00:34:51,840
Speaker 23: in this time a winter, where to go shopping and

727
00:34:51,880 --> 00:34:54,319
Speaker 23: what products to look for, so that household budgets can

728
00:34:54,360 --> 00:34:55,280
Speaker 23: be somewhat supported.

729
00:34:55,520 --> 00:34:57,399
Speaker 2: How much up against it are you in the sense

730
00:34:57,440 --> 00:34:59,400
Speaker 2: everyone going ah, yeah, of course they'd say that this

731
00:34:59,560 --> 00:35:02,000
Speaker 2: is a super mart. We hate supermarkets. That's your problem,

732
00:35:02,080 --> 00:35:03,000
Speaker 2: isn't it. It's image?

733
00:35:04,440 --> 00:35:06,399
Speaker 23: Look, it's you know, there are a number of people

734
00:35:06,440 --> 00:35:09,560
Speaker 23: who have that story. That's probably why we share this information.

735
00:35:09,680 --> 00:35:11,160
Speaker 23: We're just trying to say, can we just look at

736
00:35:11,200 --> 00:35:14,280
Speaker 23: the facts, and most importantly, instead of all of the rhetoric,

737
00:35:14,440 --> 00:35:16,719
Speaker 23: let's focus on where New Zealanders right now can get

738
00:35:16,760 --> 00:35:19,320
Speaker 23: the best value, which is in frozen chickens, leg gross

739
00:35:20,640 --> 00:35:23,480
Speaker 23: hokey philets, you know, and some of the winter vegetables

740
00:35:23,520 --> 00:35:25,080
Speaker 23: that you would expect on this time of year.

741
00:35:25,320 --> 00:35:28,120
Speaker 2: If your number three point four, so it's still above inflation.

742
00:35:28,239 --> 00:35:29,919
Speaker 2: But if you strip out the stuff that we know about,

743
00:35:29,960 --> 00:35:31,959
Speaker 2: the butter and the dairy and you know, the beef

744
00:35:32,040 --> 00:35:33,640
Speaker 2: and stuff, what does it come down to? Do you

745
00:35:33,719 --> 00:35:35,640
Speaker 2: know it must be below inflation, mustn't it.

746
00:35:36,880 --> 00:35:39,279
Speaker 23: Look we don't have a number calculated with all that

747
00:35:39,360 --> 00:35:41,200
Speaker 23: stripped out, but there's no doubt beef, lamb and butter

748
00:35:41,239 --> 00:35:44,239
Speaker 23: we're all up over thirty percent. Yeah, and you know

749
00:35:44,400 --> 00:35:45,640
Speaker 23: that's where the real impact is.

750
00:35:45,880 --> 00:35:48,200
Speaker 2: The difficulty I suppose that. I mean, the advantage is

751
00:35:48,400 --> 00:35:50,560
Speaker 2: you can shop around this, can't you? As I think

752
00:35:50,600 --> 00:35:53,839
Speaker 2: we've probably talked about before. You don't have to buy

753
00:35:53,960 --> 00:35:57,520
Speaker 2: butter or beef or lamb. You can buy other stuff

754
00:35:57,560 --> 00:35:58,600
Speaker 2: that makes life cheaper.

755
00:35:59,440 --> 00:36:01,640
Speaker 23: No, And you know, if you look at right now,

756
00:36:01,840 --> 00:36:05,279
Speaker 23: it's potatoes and capsicans, it's cougettes and onions, mandarins. Those

757
00:36:05,320 --> 00:36:08,040
Speaker 23: sort of things are the things where value sits at

758
00:36:08,080 --> 00:36:11,040
Speaker 23: this time a year. And probably the complexity right now

759
00:36:11,120 --> 00:36:12,800
Speaker 23: is you're not only dealing with seasons, You're dealing with

760
00:36:12,840 --> 00:36:14,800
Speaker 23: what's going on globally with the pressure on some of

761
00:36:14,840 --> 00:36:18,640
Speaker 23: those fantastic New Zealand export products. But just reflects a

762
00:36:18,719 --> 00:36:20,480
Speaker 23: reality back into New Zealand consumers.

763
00:36:20,640 --> 00:36:23,040
Speaker 2: Do you reckon? People know that deep down, or they

764
00:36:23,120 --> 00:36:25,160
Speaker 2: don't know it, they know it but don't want to

765
00:36:25,239 --> 00:36:26,960
Speaker 2: accept it, or they just don't know it at all.

766
00:36:27,040 --> 00:36:28,520
Speaker 2: That's genuinely a surprise to them.

767
00:36:28,520 --> 00:36:31,560
Speaker 23: Still, look, I think people would prefer not to have

768
00:36:31,760 --> 00:36:34,479
Speaker 23: to work hard to try and make the budget come together.

769
00:36:34,680 --> 00:36:36,759
Speaker 23: But you know, when the pressure is coming from all

770
00:36:36,800 --> 00:36:38,839
Speaker 23: of the utilities bills and all of the other things

771
00:36:38,880 --> 00:36:40,839
Speaker 23: that people are facing, and food as well.

772
00:36:41,800 --> 00:36:42,440
Speaker 3: This does you know?

773
00:36:42,600 --> 00:36:44,400
Speaker 23: Our job is to try and help our customers as

774
00:36:44,480 --> 00:36:46,759
Speaker 23: much as possible, to make sure they understand where the

775
00:36:46,880 --> 00:36:49,319
Speaker 23: value is and try and guide them through this as

776
00:36:49,360 --> 00:36:49,839
Speaker 23: best we can.

777
00:36:50,000 --> 00:36:52,440
Speaker 2: Chris appreciated Chris Quinn out of food stuffs this morning.

778
00:36:52,480 --> 00:36:54,120
Speaker 2: By the way, I can tell you that non alcoholic

779
00:36:54,200 --> 00:36:57,240
Speaker 2: beverages that's coke four point four percent. Ups are stopped

780
00:36:57,239 --> 00:36:59,440
Speaker 2: buying its cigarettes four point eight percent, So give up.

781
00:37:00,160 --> 00:37:04,520
Speaker 2: Petrols down, diesels down, diesels down seven point two domestic

782
00:37:04,560 --> 00:37:06,839
Speaker 2: I FISA down. So not everything's gone up, which is good.

783
00:37:06,880 --> 00:37:08,279
Speaker 2: I suppose fourteen past.

784
00:37:09,520 --> 00:37:13,920
Speaker 1: The Mike asking Breakfast Full Show podcast on iHeartRadio powered

785
00:37:14,000 --> 00:37:15,000
Speaker 1: by News Talks, it'd be.

786
00:37:15,920 --> 00:37:17,960
Speaker 2: Were you happy with the cancelation feed the break feed

787
00:37:18,000 --> 00:37:20,080
Speaker 2: for the fairies that came out Friday? Of course I

788
00:37:20,280 --> 00:37:22,200
Speaker 2: suspect I know why it came out Friday, but we'll

789
00:37:22,200 --> 00:37:24,000
Speaker 2: ask the Prime Minister about that, surely. When he joined

790
00:37:24,040 --> 00:37:27,080
Speaker 2: the seventeen past seven, the Rugby Championship perhaps turned out

791
00:37:27,080 --> 00:37:28,520
Speaker 2: to be a bit of a talking point, more than

792
00:37:28,560 --> 00:37:30,480
Speaker 2: we might have imagined. The All Blacks won easily, of course,

793
00:37:30,520 --> 00:37:34,239
Speaker 2: but the Australians, how about the Australians. John Hart's with us. John,

794
00:37:34,320 --> 00:37:37,120
Speaker 2: very good morning to you morning Mike. Now, as far

795
00:37:37,200 --> 00:37:39,120
Speaker 2: as the All Blacks were concerned, just as like I

796
00:37:39,239 --> 00:37:41,120
Speaker 2: watch as a patriot, I'm not an expert like you.

797
00:37:41,600 --> 00:37:43,600
Speaker 2: I saw it side that was winning, was always going

798
00:37:43,680 --> 00:37:45,480
Speaker 2: to win in the end, won by quite a lot,

799
00:37:45,560 --> 00:37:47,120
Speaker 2: am I. That's good enough, isn't it.

800
00:37:48,320 --> 00:37:48,480
Speaker 16: Yeah?

801
00:37:48,520 --> 00:37:50,600
Speaker 12: I look, I'd look back in the game and say,

802
00:37:50,680 --> 00:37:53,360
Speaker 12: look things, there's things that they can improve on, but

803
00:37:53,560 --> 00:37:56,840
Speaker 12: overall a good win. But second half had its concerns,

804
00:37:56,920 --> 00:37:59,520
Speaker 12: lack of discipline had its concerns. You wouldn't want to

805
00:37:59,640 --> 00:38:02,960
Speaker 12: be doing that against South Africa. So some learnings, but

806
00:38:03,239 --> 00:38:05,560
Speaker 12: you know, a good step forward and now they've got

807
00:38:05,560 --> 00:38:06,400
Speaker 12: another game next.

808
00:38:06,280 --> 00:38:09,000
Speaker 2: Weekend exactly any reason to believe it won't be roughly

809
00:38:09,080 --> 00:38:10,240
Speaker 2: the same next weekend?

810
00:38:11,280 --> 00:38:13,759
Speaker 12: Well, I think if I was Scott Robertson, I'd be

811
00:38:13,840 --> 00:38:17,040
Speaker 12: looking three weeks ahead to the Test against South Africa.

812
00:38:17,120 --> 00:38:19,719
Speaker 12: So I think this weekend is an opportunity for him

813
00:38:19,800 --> 00:38:22,920
Speaker 12: to put his team out that is as close injuries aside,

814
00:38:22,960 --> 00:38:25,439
Speaker 12: as close as possible to the team that he wants

815
00:38:25,480 --> 00:38:28,200
Speaker 12: to play against South Africa Eden Park and so I

816
00:38:28,280 --> 00:38:31,680
Speaker 12: think you will see players like Tammedy Williams and Walla

817
00:38:31,680 --> 00:38:34,319
Speaker 12: was the TD come back in either on the bench

818
00:38:34,440 --> 00:38:37,920
Speaker 12: or in the team, but you know, not many changes otherwise.

819
00:38:38,000 --> 00:38:40,080
Speaker 12: I think he's getting pretty close and settled to where

820
00:38:40,080 --> 00:38:40,600
Speaker 12: he wants to be.

821
00:38:40,840 --> 00:38:43,279
Speaker 2: And as regards the Australians, where do you reckon? Joe

822
00:38:43,320 --> 00:38:44,920
Speaker 2: Schmidt puts that on a CB.

823
00:38:46,400 --> 00:38:47,560
Speaker 3: Well, I did you know.

824
00:38:47,680 --> 00:38:50,359
Speaker 12: We exchange a lot of texts and I did say

825
00:38:50,480 --> 00:38:52,600
Speaker 12: that would have to rank pretty highly. And I think,

826
00:38:53,440 --> 00:38:56,200
Speaker 12: you know, it's a wonderful performance. I mean, Joe Smitt

827
00:38:56,719 --> 00:38:58,799
Speaker 12: is world class coach. But to do what he's done

828
00:38:58,840 --> 00:39:01,319
Speaker 12: with Australia to turn them around from where they were

829
00:39:01,440 --> 00:39:04,360
Speaker 12: last year to what they did against the lines and

830
00:39:04,520 --> 00:39:07,560
Speaker 12: that victory, that's one for the that's one for the

831
00:39:07,600 --> 00:39:08,160
Speaker 12: record book.

832
00:39:08,200 --> 00:39:09,040
Speaker 16: That was fantastic.

833
00:39:09,280 --> 00:39:12,080
Speaker 2: What did it tell us is Australia Beta we all fought?

834
00:39:12,239 --> 00:39:13,759
Speaker 2: Or did South Africa have a bad day?

835
00:39:14,560 --> 00:39:15,160
Speaker 12: A combination?

836
00:39:15,320 --> 00:39:15,520
Speaker 3: Mike.

837
00:39:15,600 --> 00:39:18,800
Speaker 12: I think Australia on the improve. I think he hasn't

838
00:39:18,840 --> 00:39:21,200
Speaker 12: got deaths, he hasn't got a lot of bench talent

839
00:39:21,360 --> 00:39:24,879
Speaker 12: or beyond that. But a starting team now is very

840
00:39:25,040 --> 00:39:28,000
Speaker 12: very competitive, so I think that. But I think South

841
00:39:28,040 --> 00:39:30,600
Speaker 12: Africa took them easy. I think South Africa thought they

842
00:39:30,640 --> 00:39:32,840
Speaker 12: were going to win and twenty two nil up you

843
00:39:32,920 --> 00:39:36,920
Speaker 12: probably thought you you're away laughing, and they lacked the

844
00:39:36,960 --> 00:39:41,640
Speaker 12: discipline that they normally have. Next week very different, i'd say,

845
00:39:41,840 --> 00:39:44,839
Speaker 12: a very different performance from South Africa and that will

846
00:39:44,880 --> 00:39:46,160
Speaker 12: be a real test producement.

847
00:39:46,680 --> 00:39:49,319
Speaker 2: So this whole all Blacks were away to South Africa thing,

848
00:39:49,440 --> 00:39:51,680
Speaker 2: is the away things still a thing as big as

849
00:39:51,719 --> 00:39:52,480
Speaker 2: it ever was or not?

850
00:39:54,239 --> 00:39:57,680
Speaker 12: Yeah, Look, it's not easy to win away and I

851
00:39:57,800 --> 00:40:00,759
Speaker 12: think you know that's that's I mean sixty three I

852
00:40:00,840 --> 00:40:03,200
Speaker 12: think they're saying was the last time that Australia won

853
00:40:03,239 --> 00:40:07,959
Speaker 12: and Johannesburg. It's not easy to win away and even

854
00:40:08,120 --> 00:40:11,120
Speaker 12: in you know, don't underestimate how difficult it as an Argentina.

855
00:40:11,280 --> 00:40:14,520
Speaker 2: So next week go on A's area is another big game.

856
00:40:15,520 --> 00:40:17,160
Speaker 12: But you know, I think the All Backs are tracking

857
00:40:17,440 --> 00:40:20,439
Speaker 12: really well and you know, I think the big test

858
00:40:20,560 --> 00:40:23,160
Speaker 12: of the year is at Eden Park in three weeks time.

859
00:40:23,280 --> 00:40:25,040
Speaker 2: Super exciting. Good on your John, nice to catch up

860
00:40:25,080 --> 00:40:27,800
Speaker 2: John Hart, former All Backs coach. Of course. It is

861
00:40:27,840 --> 00:40:28,440
Speaker 2: seven twenty.

862
00:40:31,000 --> 00:40:35,800
Speaker 1: The Mike Hosking Breakfast Full Show podcast on iHeartRadio, powered

863
00:40:35,880 --> 00:40:36,879
Speaker 1: by News Talks eppy.

864
00:40:39,760 --> 00:40:42,000
Speaker 2: Now, many of us take supplements daily to support the health.

865
00:40:42,040 --> 00:40:44,200
Speaker 2: Of course, key ingredients like your fish oil, your vitamin D,

866
00:40:44,280 --> 00:40:45,800
Speaker 2: youre magnesium, they're right at the top of the this.

867
00:40:46,000 --> 00:40:47,440
Speaker 2: We love that stuff because it's good for us. The

868
00:40:47,480 --> 00:40:51,000
Speaker 2: team at about Health they've combined these with other well

869
00:40:51,040 --> 00:40:54,480
Speaker 2: researched ingredients and they've created Lester's oil Resvue Ultimate and

870
00:40:54,520 --> 00:40:58,200
Speaker 2: the element twelve magnesium. They've bundled that together and so

871
00:40:58,360 --> 00:41:00,319
Speaker 2: what they're calling their Health Gauging and Deep SLI pack.

872
00:41:00,400 --> 00:41:03,400
Speaker 2: Now it's designed to support joint comfort, heart and brain health, energy,

873
00:41:03,440 --> 00:41:06,120
Speaker 2: immune health, and even a great night's sleep, so we

874
00:41:06,200 --> 00:41:08,520
Speaker 2: can stay independent and keep doing the things we love,

875
00:41:08,560 --> 00:41:11,960
Speaker 2: which is super important. Now, upgrade your supplements today. Why

876
00:41:11,960 --> 00:41:14,680
Speaker 2: wouldn't you, for goodness sake at your health. And you're

877
00:41:14,719 --> 00:41:16,960
Speaker 2: not only going to save sixty dollars by buying these

878
00:41:17,080 --> 00:41:19,239
Speaker 2: together when you use the code Breakfast, and this is

879
00:41:19,280 --> 00:41:21,520
Speaker 2: the key to all of this. Breakfast Breakfast Breakfast is

880
00:41:21,560 --> 00:41:23,479
Speaker 2: the code. You're also going to get a free bottle

881
00:41:23,520 --> 00:41:24,880
Speaker 2: of the olive Resist You're going to be into that

882
00:41:25,239 --> 00:41:27,360
Speaker 2: perfect for helping you through the last of those winterills

883
00:41:27,400 --> 00:41:30,399
Speaker 2: and chills. Plus all new purchasers go into the draw

884
00:41:30,480 --> 00:41:33,040
Speaker 2: to win a winter warmer pack valued at over three

885
00:41:33,120 --> 00:41:35,560
Speaker 2: hundred dollars. So it is all good. Always read the table,

886
00:41:36,160 --> 00:41:38,200
Speaker 2: read the label to take only as directed, but eight

887
00:41:38,320 --> 00:41:41,040
Speaker 2: hundred triple nine three oh nine er number or online

888
00:41:41,040 --> 00:41:44,520
Speaker 2: at about health dot co dot enz asking sevent twenty four,

889
00:41:44,560 --> 00:41:46,400
Speaker 2: you may have read a report commission by Radio New

890
00:41:46,440 --> 00:41:49,960
Speaker 2: Zealand Radio New Zealand to look into why their operations

891
00:41:50,040 --> 00:41:52,319
Speaker 2: become such a dumpster fire. So it said a bunch

892
00:41:52,320 --> 00:41:54,520
Speaker 2: of stuff that was obvious, I thought, anyway, one thing

893
00:41:54,600 --> 00:41:59,160
Speaker 2: that surprised and saddened me. Though most people within that organization,

894
00:42:00,200 --> 00:42:03,880
Speaker 2: Radio was dying, audiences were bailing. This is not true.

895
00:42:04,000 --> 00:42:08,320
Speaker 2: This is not true. In fact, it's the opposite. Radio

896
00:42:08,480 --> 00:42:12,279
Speaker 2: is robust and comparatively speaking, thriving. So my question is,

897
00:42:12,440 --> 00:42:14,400
Speaker 2: how is it you can have a company of people

898
00:42:15,239 --> 00:42:18,520
Speaker 2: who don't understand their own industry. Where did they get

899
00:42:18,560 --> 00:42:21,239
Speaker 2: their view from? Why has no one corrected the view?

900
00:42:21,560 --> 00:42:24,800
Speaker 2: Where's management in this process? Their audience has shrunk, but

901
00:42:24,880 --> 00:42:26,480
Speaker 2: it hasn't vanished. This is the key to all of

902
00:42:26,560 --> 00:42:28,719
Speaker 2: this has gone well, it's mainly come here actually, to

903
00:42:28,800 --> 00:42:31,440
Speaker 2: be honest, the customer is still spending if you like,

904
00:42:31,640 --> 00:42:34,600
Speaker 2: they've just changed shops. The fact they don't know that,

905
00:42:35,360 --> 00:42:37,479
Speaker 2: I would have thought should have set off alarm bells

906
00:42:37,480 --> 00:42:40,000
Speaker 2: a long time ago, most ironically, because the place is

907
00:42:40,040 --> 00:42:43,800
Speaker 2: full of journalists who once upon a time had inquiring minds.

908
00:42:43,840 --> 00:42:46,480
Speaker 2: They asked questions, They wanted to know things. If you

909
00:42:46,640 --> 00:42:49,400
Speaker 2: have such a mind, you would have quickly discovered what

910
00:42:49,640 --> 00:42:53,120
Speaker 2: was actually happening, what the reality of your medium was.

911
00:42:53,440 --> 00:42:56,799
Speaker 2: How can you be a journalist and be that bewildered?

912
00:42:57,400 --> 00:42:59,680
Speaker 2: And if you are that bewildered on your own doorstep,

913
00:43:00,160 --> 00:43:01,600
Speaker 2: will toda are you about the rest of life and

914
00:43:01,640 --> 00:43:04,600
Speaker 2: the rest of the world. Also of concern was management's

915
00:43:04,640 --> 00:43:06,840
Speaker 2: response to the report. The report, by the way, basically

916
00:43:06,880 --> 00:43:08,560
Speaker 2: says the place is shot, it needs to bomb and

917
00:43:08,640 --> 00:43:11,759
Speaker 2: some genuine talent. The response suggests what Radio and New

918
00:43:11,840 --> 00:43:15,120
Speaker 2: Zealand management do is well. What they do quite well

919
00:43:15,239 --> 00:43:19,000
Speaker 2: is commission reports and ignore them. So the exercise as

920
00:43:19,000 --> 00:43:20,480
Speaker 2: a whole appears a bit of a waste of time.

921
00:43:20,520 --> 00:43:22,600
Speaker 2: They got told some obvious stuff they should have known,

922
00:43:23,520 --> 00:43:25,880
Speaker 2: an alarming thing about their staff that they should have

923
00:43:25,960 --> 00:43:29,640
Speaker 2: also known. But now they do know they need to

924
00:43:29,680 --> 00:43:31,960
Speaker 2: fix it. And as for the report, itself. All the

925
00:43:32,000 --> 00:43:33,400
Speaker 2: rest of it seems a little bit tricky for them

926
00:43:33,440 --> 00:43:35,040
Speaker 2: for me. I mean, look, they can do whatever they like.

927
00:43:35,120 --> 00:43:37,279
Speaker 2: I don't care. But what I care about is that

928
00:43:37,400 --> 00:43:39,840
Speaker 2: this industry is actually successful. Some of us are actually

929
00:43:39,880 --> 00:43:41,560
Speaker 2: having the time of our lives. Some of us know

930
00:43:41,680 --> 00:43:45,040
Speaker 2: what's going on and understand proceeding. Some of us still

931
00:43:45,120 --> 00:43:47,879
Speaker 2: ask a few questions. The future is bright and it's

932
00:43:47,920 --> 00:43:49,960
Speaker 2: there for anyone who wants it. But to want it,

933
00:43:50,040 --> 00:43:52,440
Speaker 2: you've got to be keen and you've got to be awake.

934
00:43:53,560 --> 00:43:56,799
Speaker 2: And that might be their biggest problem of all. Pasking Mike.

935
00:43:56,840 --> 00:43:59,000
Speaker 2: At least with the groceries, you can go to alternatives,

936
00:43:59,080 --> 00:44:01,279
Speaker 2: unlike rates, insurance, powers say. It's a very good point.

937
00:44:01,280 --> 00:44:03,200
Speaker 2: It's what I'm trying and talk about time. Everyone gets

938
00:44:03,200 --> 00:44:05,359
Speaker 2: excited about the price of food. No one likes paying

939
00:44:05,440 --> 00:44:07,680
Speaker 2: more for food than they have to. No one likes

940
00:44:07,760 --> 00:44:10,120
Speaker 2: expensive stuff. I get that, But you can shop your

941
00:44:10,120 --> 00:44:12,360
Speaker 2: way around it. You can't shop your way around insurance,

942
00:44:12,400 --> 00:44:15,120
Speaker 2: and you can't shop your way around rates. Mike, we

943
00:44:15,200 --> 00:44:17,560
Speaker 2: get angry at five percent on food. My elderly parents

944
00:44:17,640 --> 00:44:20,239
Speaker 2: Libanori were twenty nine percent on rates. It's outrageous. Yes,

945
00:44:20,280 --> 00:44:23,120
Speaker 2: it is outrageous. Mike. I do enjoy your program, but

946
00:44:23,200 --> 00:44:25,560
Speaker 2: you continue to speak faster and faster, your guests follow

947
00:44:25,640 --> 00:44:29,879
Speaker 2: your lead, and it becomes harder to understand. Please consider this, Katie. Unfortunately,

948
00:44:29,960 --> 00:44:32,680
Speaker 2: I'm sorry to tell you you're wrong. I'm not speaking

949
00:44:32,800 --> 00:44:35,120
Speaker 2: faster and faster because as I age, I'm getting slower

950
00:44:35,160 --> 00:44:36,960
Speaker 2: and slower, and basically I'm wearing myself out.

951
00:44:37,239 --> 00:44:39,719
Speaker 8: Is it possible that they're listening slows.

952
00:44:39,239 --> 00:44:42,600
Speaker 2: They're listening slides exactly what it is. So don't Katie

953
00:44:42,680 --> 00:44:45,640
Speaker 2: with your listening slower syndrome, come to me with your problem.

954
00:44:45,719 --> 00:44:47,680
Speaker 8: Try turning yourself off and back on again.

955
00:44:47,800 --> 00:44:50,840
Speaker 2: Yeah, yeah, reboot yourself so the fairies will deal with

956
00:44:50,960 --> 00:44:53,880
Speaker 2: There was a Supreme Court decision. The Supreme Court decision

957
00:44:54,400 --> 00:44:56,600
Speaker 2: says the river beds this is all to do with

958
00:44:56,640 --> 00:44:59,560
Speaker 2: the fortunancy. But the river beds are part of the

959
00:44:59,640 --> 00:45:03,680
Speaker 2: equation now as well. But this juxtaposes with the government,

960
00:45:03,719 --> 00:45:06,240
Speaker 2: who are going ahead with the Does this mean anything?

961
00:45:06,400 --> 00:45:07,759
Speaker 2: Are we just going to spend the rest of our

962
00:45:08,040 --> 00:45:11,280
Speaker 2: lives in court and legal aiden lawyers and stuff like that. Anyway?

963
00:45:11,320 --> 00:45:13,600
Speaker 2: The Prime Minister christ of luckson in the studio after

964
00:45:13,640 --> 00:45:15,879
Speaker 2: the news next you're a News Talks edy.

965
00:45:21,920 --> 00:45:25,880
Speaker 1: New Zealand's voice of reason is Mike the Mic asking

966
00:45:25,960 --> 00:45:30,680
Speaker 1: breakfast with Vida, Retirement, Communities, Life, Your Way News Talks

967
00:45:30,680 --> 00:45:31,200
Speaker 1: head been.

968
00:45:31,120 --> 00:45:35,000
Speaker 2: Twenty three minutes away from Andrew Self, Jason Prime and

969
00:45:35,040 --> 00:45:37,160
Speaker 2: the compentry box afterway the clock meantime for this Monday

970
00:45:37,200 --> 00:45:38,920
Speaker 2: morning to Prime Ministers with Uspring. Good morning to you,

971
00:45:39,400 --> 00:45:42,640
Speaker 2: Mike get A, Yeah, would you appear hand on heart?

972
00:45:42,880 --> 00:45:47,239
Speaker 2: Would you appear publicly at the COVID inquiry? If called yeah,

973
00:45:47,239 --> 00:45:48,120
Speaker 2: I would, Yeah, I would.

974
00:45:48,160 --> 00:45:50,120
Speaker 20: I mean, I think I think New Zealanders have gone

975
00:45:50,160 --> 00:45:53,880
Speaker 20: through a huge amount of suffering. Those minister's former minister's

976
00:45:53,880 --> 00:45:56,400
Speaker 20: premises should show up at that inquiry. I think you

977
00:45:56,480 --> 00:45:58,400
Speaker 20: know what you saw last week with the Treasury report

978
00:45:58,520 --> 00:46:00,919
Speaker 20: saying you know we were the second large, just stim

979
00:46:00,920 --> 00:46:04,160
Speaker 20: military country on Earth. It created and made the cost

980
00:46:04,239 --> 00:46:07,239
Speaker 20: living worse, and it certainly affected our future fiscal track.

981
00:46:07,280 --> 00:46:08,920
Speaker 20: I think New Zealanders have done a huge amount of

982
00:46:08,920 --> 00:46:11,160
Speaker 20: pain and suffering because of the actions of the previous government.

983
00:46:11,520 --> 00:46:12,919
Speaker 20: But I'll be honest with you, I get what they're

984
00:46:12,920 --> 00:46:14,600
Speaker 20: trying to do. You know, if you're hipkins, you're trying

985
00:46:14,600 --> 00:46:16,719
Speaker 20: to politically guess like the country and say you had

986
00:46:16,760 --> 00:46:19,320
Speaker 20: nothing to do with that record. Well you did, so

987
00:46:19,400 --> 00:46:21,480
Speaker 20: I think they should show but frankly, ultimately it's their

988
00:46:21,560 --> 00:46:23,080
Speaker 20: call and I've got to now fix it. So that's

989
00:46:23,120 --> 00:46:23,800
Speaker 20: what I'm focused on.

990
00:46:24,080 --> 00:46:27,200
Speaker 2: Grant Robinson says, it's a show trial, is it? I disagree.

991
00:46:27,200 --> 00:46:29,359
Speaker 20: I think it's something called accountability, And I think showing

992
00:46:29,440 --> 00:46:31,879
Speaker 20: up and actually giving the justification for way you took

993
00:46:31,920 --> 00:46:34,520
Speaker 20: the actions you did that ultimately I think made the

994
00:46:34,560 --> 00:46:36,960
Speaker 20: cost of living worse. Actually I think caused huge suffering

995
00:46:37,000 --> 00:46:40,320
Speaker 20: for low and middle income New Zealanders in particular. Actually

996
00:46:40,719 --> 00:46:42,080
Speaker 20: they need to be called to account on that. But

997
00:46:42,320 --> 00:46:43,120
Speaker 20: ultimately their call.

998
00:46:43,440 --> 00:46:46,919
Speaker 2: Who is the bigger hypocrite Doune and Robertson because they're

999
00:46:46,960 --> 00:46:49,919
Speaker 2: no longer accountable, or Hopkins and Verril, who are.

1000
00:46:50,360 --> 00:46:52,239
Speaker 20: Well, I think you know, Hipkins are Veral making a

1001
00:46:52,320 --> 00:46:54,960
Speaker 20: case they want to leave the country again, and I

1002
00:46:54,960 --> 00:46:56,800
Speaker 20: think it'll be a disaster, But I think they should

1003
00:46:56,800 --> 00:46:59,719
Speaker 20: at least show up and actually front. But again, you

1004
00:46:59,760 --> 00:47:02,120
Speaker 20: know their decision, and I just say, you know, I

1005
00:47:02,160 --> 00:47:04,360
Speaker 20: get what they're trying to do. Politically. If you're Chris Sipkins,

1006
00:47:04,440 --> 00:47:05,839
Speaker 20: you want to get out from under the rock, which

1007
00:47:05,880 --> 00:47:08,520
Speaker 20: is your last record when you're in government, where the

1008
00:47:08,560 --> 00:47:11,200
Speaker 20: economy got worse, you know, Lauren Order got worse, health

1009
00:47:11,239 --> 00:47:12,239
Speaker 20: and education got worse.

1010
00:47:12,320 --> 00:47:12,680
Speaker 3: I get it.

1011
00:47:12,920 --> 00:47:15,080
Speaker 20: He wants to gas light and just move on from

1012
00:47:15,120 --> 00:47:17,120
Speaker 20: that pass. But I think you should front.

1013
00:47:17,360 --> 00:47:19,000
Speaker 2: Do you know what they're paying Dentons or what the

1014
00:47:19,080 --> 00:47:21,879
Speaker 2: taxpayer is paying Dentons in terms of legal representation?

1015
00:47:22,080 --> 00:47:22,479
Speaker 16: No idea.

1016
00:47:22,800 --> 00:47:24,799
Speaker 2: Will that come up at some point somewhere? Where does

1017
00:47:24,840 --> 00:47:26,560
Speaker 2: that money come from? Is that in the leader of

1018
00:47:26,560 --> 00:47:27,640
Speaker 2: the old comes out of budget.

1019
00:47:27,680 --> 00:47:30,640
Speaker 20: I think there's a long standing convention that if governments

1020
00:47:31,000 --> 00:47:33,719
Speaker 20: are former ministers from previous governments sort of, I have

1021
00:47:33,880 --> 00:47:36,040
Speaker 20: to go forward on any you know, and incur any

1022
00:47:36,120 --> 00:47:38,680
Speaker 20: legal costs for any claims like this, it's picked up

1023
00:47:38,680 --> 00:47:40,840
Speaker 20: by the taxpayer. So that's that's quite normal convention.

1024
00:47:40,920 --> 00:47:43,600
Speaker 2: Okay, speaking money for the taxpayer. The break fee on

1025
00:47:43,719 --> 00:47:48,280
Speaker 2: the intro islander, is that negotiable or will it change

1026
00:47:48,320 --> 00:47:51,600
Speaker 2: in any way if the company concerned happens to end

1027
00:47:51,719 --> 00:47:52,480
Speaker 2: up with the tender.

1028
00:47:52,840 --> 00:47:52,880
Speaker 15: No.

1029
00:47:53,000 --> 00:47:55,480
Speaker 20: I think this is a final net what we owe

1030
00:47:55,520 --> 00:47:58,600
Speaker 20: them irrespective of what comes next. It's a lot chiev

1031
00:47:58,680 --> 00:48:00,200
Speaker 20: It's one hundred and forty five mints million.

1032
00:48:00,200 --> 00:48:00,520
Speaker 3: Dollars.

1033
00:48:00,960 --> 00:48:02,520
Speaker 20: It's a lot cheaper than what people were saying at

1034
00:48:02,520 --> 00:48:05,200
Speaker 20: three hundred million dollars. I think Winston's saying a really

1035
00:48:05,239 --> 00:48:07,560
Speaker 20: good job to negotiate a way out of that. It

1036
00:48:07,640 --> 00:48:10,319
Speaker 20: sounds a bit counterintuitive to everybody because you basically had

1037
00:48:10,360 --> 00:48:12,640
Speaker 20: this i REX project that was seven hundred and seventy

1038
00:48:12,680 --> 00:48:15,000
Speaker 20: five million, blew out to three point two on its

1039
00:48:15,040 --> 00:48:16,960
Speaker 20: way to four. We had to deal with it in

1040
00:48:17,000 --> 00:48:19,279
Speaker 20: the second or third week of a new government and

1041
00:48:19,360 --> 00:48:21,880
Speaker 20: get it right sized. Yes, there's some brake fees and

1042
00:48:21,960 --> 00:48:23,800
Speaker 20: some sunk costs that you got to swallow and deal with,

1043
00:48:24,000 --> 00:48:26,360
Speaker 20: but the total total investment we're going to make is

1044
00:48:26,400 --> 00:48:27,400
Speaker 20: going to be a hell of a lot less than

1045
00:48:27,400 --> 00:48:28,160
Speaker 20: three point two milch.

1046
00:48:28,239 --> 00:48:29,680
Speaker 2: So you're going to end up with So if you

1047
00:48:29,800 --> 00:48:32,520
Speaker 2: total it at four billion and so with the brake fees,

1048
00:48:32,560 --> 00:48:34,719
Speaker 2: in fact that the total fees with the infrastructure stuff

1049
00:48:34,760 --> 00:48:36,640
Speaker 2: came to something like half a billion already. So between

1050
00:48:36,680 --> 00:48:42,160
Speaker 2: that half a billion dollars plus whatever you buy, yeah, significantly.

1051
00:48:41,480 --> 00:48:44,160
Speaker 20: To correct, correct, and we will get a great solution

1052
00:48:44,320 --> 00:48:48,640
Speaker 20: for the cook straight, very pragmatic, very practical, very for purpose.

1053
00:48:48,719 --> 00:48:51,560
Speaker 20: We'll get the infrastructure at both ends sorted and actually

1054
00:48:51,560 --> 00:48:53,440
Speaker 20: Winstance doing a great job. I think it's just cleaning

1055
00:48:53,520 --> 00:48:55,000
Speaker 20: that up and getting that sorted.

1056
00:48:55,080 --> 00:48:57,320
Speaker 2: So Nicola Willis is in the UK. Was in the

1057
00:48:57,440 --> 00:48:59,960
Speaker 2: UK she's talking to Bloomberg. Is you're telling Bloomberg more

1058
00:49:00,160 --> 00:49:03,320
Speaker 2: about Winston and his movement on foreign buyers buying houses

1059
00:49:03,360 --> 00:49:05,120
Speaker 2: than we've been told here in New Zealand.

1060
00:49:05,239 --> 00:49:07,480
Speaker 20: I know you have afflicted me every week on that one,

1061
00:49:07,760 --> 00:49:09,759
Speaker 20: and but we are weeks away from that one, and

1062
00:49:09,920 --> 00:49:11,840
Speaker 20: so I'll have more to say about that.

1063
00:49:11,960 --> 00:49:13,839
Speaker 2: When you say we're weeks away. What do you mean

1064
00:49:13,920 --> 00:49:16,880
Speaker 2: by that it goes She said it's going to cabinet

1065
00:49:17,000 --> 00:49:18,719
Speaker 2: in the next couple of weeks. Does she mean it's

1066
00:49:18,800 --> 00:49:20,800
Speaker 2: going to cabinet in the next couple of weeks because

1067
00:49:20,840 --> 00:49:22,839
Speaker 2: we've got a deal, we'll put it in cabinet, they'll

1068
00:49:22,880 --> 00:49:24,600
Speaker 2: take it off and then we'll make the announcement.

1069
00:49:24,719 --> 00:49:24,879
Speaker 15: Yes.

1070
00:49:25,040 --> 00:49:28,359
Speaker 2: Correct, So the deal as of this morning is essentially done.

1071
00:49:28,520 --> 00:49:30,839
Speaker 20: Yeah, there were there were, Yeah, process working its way

1072
00:49:30,880 --> 00:49:34,719
Speaker 20: through cabinet because there's actually regulation, legislation involved and overturning it.

1073
00:49:34,880 --> 00:49:37,000
Speaker 20: So you've actually got to a think through the policy,

1074
00:49:37,400 --> 00:49:39,200
Speaker 20: get the thinking straight, and then you've actually got to

1075
00:49:39,200 --> 00:49:41,279
Speaker 20: take it to cabinet and then obviously then draft a

1076
00:49:41,320 --> 00:49:42,120
Speaker 20: piece of legislation.

1077
00:49:42,400 --> 00:49:45,680
Speaker 2: Then you know when will it be done As in legislation,

1078
00:49:45,840 --> 00:49:47,399
Speaker 2: cabinet go as fast as.

1079
00:49:47,280 --> 00:49:49,080
Speaker 20: We possibly can. I think it'll be one of those

1080
00:49:49,080 --> 00:49:51,040
Speaker 20: things you'd want to do under under urgency and go

1081
00:49:51,080 --> 00:49:51,279
Speaker 20: through it.

1082
00:49:52,440 --> 00:49:54,759
Speaker 2: Yes, absolutely, Okay, So as you sit here talking to

1083
00:49:54,840 --> 00:49:56,880
Speaker 2: me this morning, there is actually an agreement between you

1084
00:49:56,920 --> 00:49:57,400
Speaker 2: and Peter's.

1085
00:49:57,520 --> 00:49:59,239
Speaker 20: Yeah, we've got we've got a proposal which we take

1086
00:49:59,280 --> 00:50:02,200
Speaker 20: to cabinet of see a final decisions major and that's

1087
00:50:02,200 --> 00:50:06,759
Speaker 20: where it's you're taking it to cabinet today, Well, well,

1088
00:50:06,800 --> 00:50:09,399
Speaker 20: we're taking we're taking in the next few weeks.

1089
00:50:09,480 --> 00:50:11,160
Speaker 2: I would have thought it was way more more urgent

1090
00:50:11,239 --> 00:50:12,920
Speaker 2: than that. Well, there's a lot that goes through cabinet.

1091
00:50:12,920 --> 00:50:14,880
Speaker 20: There's a lot of things for us to discuss, but

1092
00:50:15,000 --> 00:50:17,080
Speaker 20: we've got we've got the we've got a paper which

1093
00:50:17,120 --> 00:50:19,360
Speaker 20: we'll then go forward from here. We then make the

1094
00:50:19,400 --> 00:50:20,440
Speaker 20: final decision in cabinet.

1095
00:50:21,040 --> 00:50:23,279
Speaker 2: The electricity Authority last week and out some sort of

1096
00:50:23,360 --> 00:50:26,000
Speaker 2: investigation into the industry and pricing and stuff like that.

1097
00:50:26,320 --> 00:50:28,880
Speaker 2: It is claimed in part anyway, a bunch of users

1098
00:50:28,960 --> 00:50:30,800
Speaker 2: wrote to you and said we're sick and tired of

1099
00:50:30,880 --> 00:50:33,239
Speaker 2: just have a look at it. Is that what drove it?

1100
00:50:33,640 --> 00:50:36,279
Speaker 20: Well, I think there's everyone's frustrated with electricity, right, I

1101
00:50:36,320 --> 00:50:38,719
Speaker 20: mean correct. What we're seeing is it's a big contributor

1102
00:50:38,760 --> 00:50:40,080
Speaker 20: to the cost of living and inflation.

1103
00:50:40,360 --> 00:50:40,840
Speaker 2: Particularly.

1104
00:50:40,920 --> 00:50:43,360
Speaker 20: It's actually the transmission part of it that's led to

1105
00:50:43,480 --> 00:50:46,640
Speaker 20: the increase in electricity. You know, everyone's got a letter

1106
00:50:46,680 --> 00:50:49,160
Speaker 20: from their gen Taylor that sort of says prices are

1107
00:50:49,200 --> 00:50:52,359
Speaker 20: going up. That's really the piece that's been the expensive part,

1108
00:50:53,160 --> 00:50:56,160
Speaker 20: the transmission piece. Look, what we've what we've had to

1109
00:50:56,200 --> 00:50:58,200
Speaker 20: do here is there's quite a few air venues to

1110
00:50:58,239 --> 00:51:00,080
Speaker 20: what's happening in our energy market at the moment. I

1111
00:51:00,120 --> 00:51:03,000
Speaker 20: mean the first thing was this oil and gas band reversal,

1112
00:51:03,080 --> 00:51:05,960
Speaker 20: which we did two weeks ago, has been good. We've

1113
00:51:05,960 --> 00:51:07,759
Speaker 20: got two hundred million dollars set aside so we can

1114
00:51:07,800 --> 00:51:10,839
Speaker 20: get gas, which actually is necessary for us. We've also

1115
00:51:10,920 --> 00:51:13,960
Speaker 20: put a strategic coal reserve together so that actually, you know,

1116
00:51:14,000 --> 00:51:15,760
Speaker 20: if it's going to be driver or scare, we've actually

1117
00:51:15,840 --> 00:51:18,040
Speaker 20: don't have our prices going through the roof. All of

1118
00:51:18,080 --> 00:51:20,359
Speaker 20: that's just starting to calm it down a lot than

1119
00:51:20,400 --> 00:51:23,000
Speaker 20: what it has been, and that actually projects forward pricing

1120
00:51:23,160 --> 00:51:24,360
Speaker 20: quite well that people know that.

1121
00:51:24,400 --> 00:51:26,160
Speaker 2: The reason I asked the question is where were they

1122
00:51:26,239 --> 00:51:28,799
Speaker 2: last year? If the people write to you and they

1123
00:51:28,880 --> 00:51:31,200
Speaker 2: suddenly go, hell, we better be seen to be doing something.

1124
00:51:31,239 --> 00:51:33,719
Speaker 2: Where were they last year when it was really bad? Well,

1125
00:51:33,800 --> 00:51:35,880
Speaker 2: last year was really bad. I mean, well, what do

1126
00:51:35,960 --> 00:51:36,920
Speaker 2: they do on the I don't know.

1127
00:51:36,960 --> 00:51:39,680
Speaker 20: I mean the wholesale electricity prices last year getting up

1128
00:51:39,680 --> 00:51:42,160
Speaker 20: to I think even up to fifteen hundred dollars fifteen times.

1129
00:51:42,640 --> 00:51:45,320
Speaker 2: It doesn't one that the electricity authority go jeez, I

1130
00:51:45,360 --> 00:51:47,400
Speaker 2: wonder if we might want to look at this.

1131
00:51:48,400 --> 00:51:50,640
Speaker 20: We'd have to ask them. All I can do is

1132
00:51:50,680 --> 00:51:53,680
Speaker 20: I know that there's several components to the energy market

1133
00:51:53,719 --> 00:51:55,600
Speaker 20: that I have to get fixed. One is I have

1134
00:51:55,760 --> 00:51:57,880
Speaker 20: to have certainty of supply, so we can't have an

1135
00:51:57,920 --> 00:51:59,480
Speaker 20: issue where the lights get turned off like we were

1136
00:51:59,480 --> 00:52:02,200
Speaker 20: experiencing last year and people start losing their jobs. That's

1137
00:52:02,239 --> 00:52:04,319
Speaker 20: about having a coal reserve. People don't like that. People

1138
00:52:04,360 --> 00:52:05,960
Speaker 20: give me a lot of grief about that. But I'm sorry,

1139
00:52:06,080 --> 00:52:09,160
Speaker 20: but actually low prices are much more important than sort

1140
00:52:09,200 --> 00:52:11,200
Speaker 20: of managing emissions at this point in time.

1141
00:52:11,360 --> 00:52:13,719
Speaker 2: That is true. Having said all of that, water done well,

1142
00:52:13,800 --> 00:52:16,680
Speaker 2: this is my next concern ongoing. So there are a

1143
00:52:16,760 --> 00:52:18,800
Speaker 2: number of councils in the country who have been written

1144
00:52:18,840 --> 00:52:22,000
Speaker 2: to by the Internal Affairs Department that the smaller councils

1145
00:52:22,239 --> 00:52:24,960
Speaker 2: they've decided to go it alone. The Internal Affairs have

1146
00:52:25,000 --> 00:52:28,200
Speaker 2: written and gone that doesn't look good enough to us. Yep,

1147
00:52:28,280 --> 00:52:30,200
Speaker 2: what if they go it alone and it all goes

1148
00:52:30,239 --> 00:52:30,719
Speaker 2: tits up?

1149
00:52:30,960 --> 00:52:32,959
Speaker 20: Well again, you know, their plans have to get signed

1150
00:52:33,000 --> 00:52:34,680
Speaker 20: off by the Minister. That was part of the deal

1151
00:52:34,719 --> 00:52:36,400
Speaker 20: with the legislation, so they've got to the first of

1152
00:52:36,440 --> 00:52:39,399
Speaker 20: September to get their proposals together. There are some really

1153
00:52:39,480 --> 00:52:42,480
Speaker 20: good examples where councils are collaborating really well and actually

1154
00:52:42,520 --> 00:52:46,320
Speaker 20: putting together proper management of those assets. I think it's interesting,

1155
00:52:46,440 --> 00:52:49,040
Speaker 20: Like the best example was actually all Clantier. I remember

1156
00:52:49,120 --> 00:52:51,759
Speaker 20: when Wayne Brown was proposing a twenty four percent rate rise,

1157
00:52:52,160 --> 00:52:54,280
Speaker 20: and then we put water Care into a different asset

1158
00:52:54,320 --> 00:52:56,800
Speaker 20: structure and it's not sexy stuff, but a different entity

1159
00:52:57,239 --> 00:52:59,520
Speaker 20: and as a result, it could borrow better for long

1160
00:52:59,600 --> 00:53:01,719
Speaker 20: run ass sets. And the actually rates went up six

1161
00:53:01,760 --> 00:53:03,799
Speaker 20: percent or six or seven percent or so last year,

1162
00:53:04,640 --> 00:53:06,360
Speaker 20: and that freed up eight hundred million dollars from the

1163
00:53:06,400 --> 00:53:08,960
Speaker 20: council's budget to spend on other infrastructure rather than worry

1164
00:53:08,960 --> 00:53:09,720
Speaker 20: about three waters.

1165
00:53:09,800 --> 00:53:11,640
Speaker 2: So that structure is the right way to go. My

1166
00:53:11,800 --> 00:53:16,040
Speaker 2: concern is though, that so internal revenue, internal affairs right

1167
00:53:16,080 --> 00:53:17,400
Speaker 2: to them. So we don't like the look of it.

1168
00:53:17,760 --> 00:53:20,120
Speaker 2: The minister will want go because of that.

1169
00:53:20,400 --> 00:53:22,759
Speaker 20: You're not allowed to be Key has powers to make

1170
00:53:22,840 --> 00:53:24,680
Speaker 20: interventions to make sure that they are going to run

1171
00:53:24,760 --> 00:53:27,719
Speaker 20: those assets and manage them properly and that financially they'll

1172
00:53:27,719 --> 00:53:29,440
Speaker 20: be able to manage that. And if he's not assured

1173
00:53:29,480 --> 00:53:30,719
Speaker 20: on both those points.

1174
00:53:30,560 --> 00:53:31,279
Speaker 5: So what they do.

1175
00:53:31,480 --> 00:53:33,640
Speaker 2: What will the council who wants to go at alone

1176
00:53:33,800 --> 00:53:36,840
Speaker 2: do when the minister goes, you can't do that. Does

1177
00:53:36,880 --> 00:53:39,399
Speaker 2: the minister then go you need to buddy up with councils, right,

1178
00:53:39,560 --> 00:53:41,839
Speaker 2: so correct, so they tell you what to do. Yes,

1179
00:53:41,920 --> 00:53:45,920
Speaker 2: So really it's Hobson's choice, isn't it. Well, there's no choice,

1180
00:53:47,200 --> 00:53:47,719
Speaker 2: you know, you do.

1181
00:53:47,840 --> 00:53:50,279
Speaker 20: We want these assets managed properly. That's their problem. They

1182
00:53:50,320 --> 00:53:53,399
Speaker 20: haven't been run properly. I mean you've got perverse situations

1183
00:53:53,440 --> 00:53:56,920
Speaker 20: where got counsel's increasing rates for what's called operating expenditure

1184
00:53:57,120 --> 00:53:59,560
Speaker 20: to pay out on capital expenditure, which is building out

1185
00:53:59,600 --> 00:54:02,000
Speaker 20: pipes and stuff like that. So we're just saying, look,

1186
00:54:02,000 --> 00:54:04,360
Speaker 20: we've got to professionally manage these assets. I think the

1187
00:54:04,480 --> 00:54:07,040
Speaker 20: vast majority of councils are getting there. There's been some

1188
00:54:07,160 --> 00:54:10,359
Speaker 20: really good examples, and it's difficult because district councils are

1189
00:54:10,360 --> 00:54:12,880
Speaker 20: having to actually collaborate on this stuff. They're having to

1190
00:54:12,920 --> 00:54:15,359
Speaker 20: collaborate on regional and city deals. That's all a good

1191
00:54:15,440 --> 00:54:17,839
Speaker 20: thing because there's a lot of duplication. As you can

1192
00:54:17,880 --> 00:54:21,160
Speaker 20: see today, we're going to announce the Building Code Authorities

1193
00:54:21,200 --> 00:54:23,440
Speaker 20: which are there's a gazillion of them. Actually they can

1194
00:54:23,520 --> 00:54:25,759
Speaker 20: merge those together as well, so the more experience they

1195
00:54:25,880 --> 00:54:28,880
Speaker 20: yet actually working together as subregions of New Zealand and

1196
00:54:29,000 --> 00:54:31,239
Speaker 20: doing it from the grassroots up on three Waters, on

1197
00:54:31,360 --> 00:54:35,320
Speaker 20: regional plans, on building bcas is actually good stuff.

1198
00:54:35,520 --> 00:54:38,000
Speaker 2: You mentioned Wayne Brown who bid tax he goes doesn't

1199
00:54:38,000 --> 00:54:40,680
Speaker 2: even cost you anything. Do you give them a bed

1200
00:54:40,760 --> 00:54:43,120
Speaker 2: tax or do you worry about the broader picture in

1201
00:54:43,239 --> 00:54:45,040
Speaker 2: this country that the more expensive you make it to

1202
00:54:45,080 --> 00:54:47,560
Speaker 2: come to New Zealand or the country already worried.

1203
00:54:47,360 --> 00:54:49,600
Speaker 20: About just adding a new tax. Now is not the

1204
00:54:49,680 --> 00:54:51,279
Speaker 20: time for a tax. We have to get the show

1205
00:54:51,360 --> 00:54:54,600
Speaker 20: growing and growth is really where we've got to focus on. Yes,

1206
00:54:54,640 --> 00:54:57,880
Speaker 20: we've got a bed tax is actually quite an interesting idea.

1207
00:54:57,960 --> 00:54:59,319
Speaker 20: It's not something I'm going to look at this term.

1208
00:54:59,360 --> 00:55:02,600
Speaker 20: It's not something we ca considering at all. But for

1209
00:55:02,680 --> 00:55:04,520
Speaker 20: where we are in the cycle, where people are doing

1210
00:55:04,560 --> 00:55:06,680
Speaker 20: it tough, another tax ain't the way forward.

1211
00:55:06,800 --> 00:55:09,279
Speaker 2: The Supreme Court and the river bed decision last week

1212
00:55:09,360 --> 00:55:11,200
Speaker 2: does that in any way, shape or form change what

1213
00:55:11,239 --> 00:55:12,320
Speaker 2: you're doing around foreshore?

1214
00:55:12,320 --> 00:55:15,440
Speaker 20: And see, I saw that legislation come that ruling come through.

1215
00:55:15,440 --> 00:55:17,920
Speaker 20: I think on Thursday or Friday Friday. I will take

1216
00:55:17,920 --> 00:55:19,759
Speaker 20: a bit of time to digest that and understand that.

1217
00:55:20,320 --> 00:55:22,719
Speaker 20: As you know, on the Macha side, we've decided, after

1218
00:55:22,840 --> 00:55:25,759
Speaker 20: digesting the last Supreme Court ruling on the seat on

1219
00:55:25,840 --> 00:55:29,400
Speaker 20: the coastal areas, for us to go back into Parliament

1220
00:55:29,400 --> 00:55:30,960
Speaker 20: and actually passed the law to make it back to

1221
00:55:31,000 --> 00:55:33,320
Speaker 20: what its original intent was, which was the balance customer

1222
00:55:33,520 --> 00:55:35,360
Speaker 20: right and also the rights of all newslanders.

1223
00:55:35,560 --> 00:55:38,320
Speaker 2: Has Amanda knowing you in your entire married life to

1224
00:55:38,400 --> 00:55:39,880
Speaker 2: be as bad at dancing as.

1225
00:55:39,800 --> 00:55:42,320
Speaker 20: You were, Mate, I've got rhythm. I went to the

1226
00:55:42,360 --> 00:55:45,279
Speaker 20: pepper Nui Arisa when it was school ball season in

1227
00:55:45,360 --> 00:55:48,480
Speaker 20: Langdon's Road christ Church and that lady at the instructing

1228
00:55:48,560 --> 00:55:50,600
Speaker 20: US told me that I had rhythm and I believe.

1229
00:55:50,400 --> 00:55:52,160
Speaker 2: That ever since you sat with the straight foot. Yeah

1230
00:55:52,200 --> 00:55:52,360
Speaker 2: she did.

1231
00:55:52,800 --> 00:55:55,120
Speaker 20: I think she generally thought I haven't seen so much

1232
00:55:55,200 --> 00:55:56,799
Speaker 20: rhythm in one individual for so long.

1233
00:55:57,360 --> 00:56:00,080
Speaker 2: Nice to see. I'm Christ of LUX thirteen.

1234
00:56:02,000 --> 00:56:06,440
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered

1235
00:56:06,520 --> 00:56:07,440
Speaker 1: by News Talks at.

1236
00:56:07,440 --> 00:56:10,560
Speaker 2: Me, Mike. Every time I hear the Prime Minister interviewed,

1237
00:56:10,600 --> 00:56:13,080
Speaker 2: it reaffirms how much better informed and across the subjects

1238
00:56:13,120 --> 00:56:16,080
Speaker 2: he is compared to when Hopkins was PM and obfuscating

1239
00:56:16,120 --> 00:56:18,319
Speaker 2: his way through every interview and listening to him last week,

1240
00:56:18,400 --> 00:56:20,880
Speaker 2: nothing much has changed. Mikey nail that Hipkins wants to

1241
00:56:20,960 --> 00:56:23,839
Speaker 2: get out from under a rock. The interesting thing about

1242
00:56:23,880 --> 00:56:25,480
Speaker 2: that is, and this is why I sort of mention

1243
00:56:25,600 --> 00:56:28,320
Speaker 2: it periodically. The interesting thing about that is there's a

1244
00:56:28,400 --> 00:56:30,680
Speaker 2: game going on at the moment, and the Poles would

1245
00:56:30,680 --> 00:56:32,880
Speaker 2: indicate from the labour point of view, it's actually working.

1246
00:56:33,520 --> 00:56:35,759
Speaker 2: And that is pretend it was nothing to do with me,

1247
00:56:36,120 --> 00:56:38,120
Speaker 2: and that it's everything to do with the current government

1248
00:56:38,160 --> 00:56:40,120
Speaker 2: and whatever you see in the economy as their fault

1249
00:56:40,239 --> 00:56:43,360
Speaker 2: and not mine and tell me I'm wrong, given what

1250
00:56:43,480 --> 00:56:46,280
Speaker 2: the Poles are saying at the moment. Boris Johnson, writing

1251
00:56:46,320 --> 00:56:48,839
Speaker 2: about the meeting over the weekend was Zelensky and co. Well,

1252
00:56:48,920 --> 00:56:51,239
Speaker 2: that was just about the most vomit inducing episode and

1253
00:56:51,320 --> 00:56:55,640
Speaker 2: all the tawdry history of international diplomacy. It was emetic

1254
00:56:55,880 --> 00:56:58,360
Speaker 2: to see him applauded on the red carpet. It was

1255
00:56:58,520 --> 00:57:01,480
Speaker 2: nauseating to watch his gola like smirk as he became

1256
00:57:01,560 --> 00:57:03,440
Speaker 2: one of the only world leaders I can think of

1257
00:57:04,000 --> 00:57:05,520
Speaker 2: to be invited to ride in the back of the

1258
00:57:05,560 --> 00:57:10,319
Speaker 2: presidential limo. It was positively chonderous to hear to hear

1259
00:57:10,400 --> 00:57:12,759
Speaker 2: him given an American platform for his lies about the

1260
00:57:12,840 --> 00:57:14,840
Speaker 2: causes of the war in Ukraine. As I listened to

1261
00:57:14,960 --> 00:57:18,720
Speaker 2: the unctious and wearisome predictability with which he tried both

1262
00:57:18,760 --> 00:57:21,960
Speaker 2: to flatter and discreetly humiliate Donald Trump, I wanted to

1263
00:57:22,160 --> 00:57:25,240
Speaker 2: gag A bet you did too, And most of us

1264
00:57:25,440 --> 00:57:28,240
Speaker 2: are not even Ukrainian. He's very good with the words,

1265
00:57:28,280 --> 00:57:29,400
Speaker 2: isn't he nine Away.

1266
00:57:29,840 --> 00:57:33,919
Speaker 1: The Mike Hosking breakfast with al Vida, Retirement Communities News

1267
00:57:34,000 --> 00:57:35,080
Speaker 1: Togstead been We'll get.

1268
00:57:34,960 --> 00:57:36,760
Speaker 2: To actually, I'll do it now, What the hell I

1269
00:57:36,840 --> 00:57:38,480
Speaker 2: was going to do something else, but I'll do so.

1270
00:57:38,640 --> 00:57:40,960
Speaker 2: The spending in major cities, this is eating up, This

1271
00:57:41,120 --> 00:57:43,720
Speaker 2: is hospo. Year on year July twenty four to July

1272
00:57:43,840 --> 00:57:47,840
Speaker 2: twenty five, increases all over the place, cafes, restaurants, caving

1273
00:57:47,880 --> 00:57:51,440
Speaker 2: fast food during the whole thing largest annual increases. Hamilton's

1274
00:57:51,520 --> 00:57:54,600
Speaker 2: up nine point six two percent. I mean, you know,

1275
00:57:55,160 --> 00:57:57,120
Speaker 2: cost of living cristis, no one's out, no one can

1276
00:57:57,160 --> 00:57:59,960
Speaker 2: afford anything wrong, wrong, wrong, wrong, and wrong. Hamilton up

1277
00:58:00,160 --> 00:58:02,640
Speaker 2: nine point six two percent. Queenstown up eight point five

1278
00:58:02,640 --> 00:58:04,720
Speaker 2: to three. If anyone was supposed to be booming, its

1279
00:58:04,800 --> 00:58:07,320
Speaker 2: Queenstown up eight point five three percent. But Hamilton beats

1280
00:58:07,320 --> 00:58:10,720
Speaker 2: some christ you ch up over seven percent. Wellington, even

1281
00:58:10,800 --> 00:58:15,200
Speaker 2: Wellington up over five percent, Towering is up virtually six percent.

1282
00:58:15,320 --> 00:58:17,960
Speaker 2: Donners is up five and a half. Even Auckland, the

1283
00:58:18,040 --> 00:58:22,280
Speaker 2: beleagued old downtown Auckland downtown, there's nobody there. Shoot a

1284
00:58:22,320 --> 00:58:25,040
Speaker 2: bullet and you hit nobody. Auckland is up three point

1285
00:58:25,120 --> 00:58:26,840
Speaker 2: eight two percent. And of course, given the size of

1286
00:58:26,840 --> 00:58:28,400
Speaker 2: the market, three point eight two percent of one and

1287
00:58:28,440 --> 00:58:31,560
Speaker 2: a half million people's a lot of dollars. Very strong

1288
00:58:31,680 --> 00:58:33,720
Speaker 2: signal that key weis are once again opening the walls.

1289
00:58:33,760 --> 00:58:37,000
Speaker 2: Now here's the weird thing about that. Anecdotally, and this

1290
00:58:37,120 --> 00:58:39,680
Speaker 2: is the way I always worry about anecdotes, is anecdotally,

1291
00:58:39,800 --> 00:58:42,120
Speaker 2: I would have said that, I mean every time I

1292
00:58:42,240 --> 00:58:45,240
Speaker 2: go out, which admittedly isn't that often, but certainly on

1293
00:58:45,360 --> 00:58:47,080
Speaker 2: the weekends, and you go to the markets, you go

1294
00:58:47,120 --> 00:58:49,160
Speaker 2: to the cafes, you go to the restaurants. Getting a

1295
00:58:49,280 --> 00:58:52,840
Speaker 2: table is and has been hard yards for a very

1296
00:58:52,880 --> 00:58:55,800
Speaker 2: long period of time. And so you're festooned with this

1297
00:58:55,960 --> 00:58:59,840
Speaker 2: idea that everyone's miserable and the economy shot and nobody's

1298
00:58:59,880 --> 00:59:02,200
Speaker 2: doing anything. But you look at the statistics of travel.

1299
00:59:02,280 --> 00:59:06,440
Speaker 2: The statistics on travel are indisputable, undeniable. I mean, we're

1300
00:59:06,440 --> 00:59:08,439
Speaker 2: on a plane every second day. We cannot get around

1301
00:59:08,440 --> 00:59:10,200
Speaker 2: the world fast enough, and it costs a fortune, but

1302
00:59:10,240 --> 00:59:12,560
Speaker 2: we're seemingly we've got the money and the inclination to

1303
00:59:12,640 --> 00:59:14,400
Speaker 2: do it. And the other thing you do notice is

1304
00:59:14,440 --> 00:59:16,480
Speaker 2: people are out and about and they're eating, and they're drinking.

1305
00:59:16,520 --> 00:59:18,840
Speaker 2: They're seemingly having a good time. And at long last,

1306
00:59:20,000 --> 00:59:22,640
Speaker 2: and this the next time the hospitality people put out

1307
00:59:22,680 --> 00:59:25,720
Speaker 2: another one of their press release is saying how miserable

1308
00:59:25,760 --> 00:59:28,080
Speaker 2: everything is, and they can't find anybody to work and

1309
00:59:28,160 --> 00:59:31,440
Speaker 2: it's just all do it. It's bollocks. I mean, numbers

1310
00:59:31,480 --> 00:59:34,560
Speaker 2: don't lie, don't they. I mean those are major, major

1311
00:59:34,680 --> 00:59:37,800
Speaker 2: increases in expenditure. It's good to see. Don't get me wrong,

1312
00:59:37,840 --> 00:59:40,439
Speaker 2: it's all good news speaking watch the All Blacks died, okay.

1313
00:59:40,480 --> 00:59:42,040
Speaker 2: I mean some people think there was a bit patch

1314
00:59:42,120 --> 00:59:44,120
Speaker 2: I thought was okay. I enjoyed it. We'll do the

1315
00:59:44,200 --> 00:59:46,120
Speaker 2: rugby and we'll do the darts, and we'll do the

1316
00:59:46,200 --> 00:59:48,080
Speaker 2: Warriors and we've got a lot to talk about it

1317
00:59:48,080 --> 00:59:50,800
Speaker 2: and sport. The lads are next, the.

1318
00:59:50,840 --> 00:59:55,440
Speaker 1: Mic Houst Games in Safeful, then Gaging and vitally the

1319
00:59:55,640 --> 00:59:59,400
Speaker 1: mic Hosking breakfast with Range Rover leading by example.

1320
00:59:59,520 --> 01:00:03,360
Speaker 3: News talk said, be sprung room.

1321
01:00:04,360 --> 01:00:07,640
Speaker 2: It's no wrong, no wrong come.

1322
01:00:07,680 --> 01:00:10,920
Speaker 24: It's south Bank that's pulled off one of the great comebacks.

1323
01:00:11,520 --> 01:00:13,480
Speaker 3: Down twenty two now a half.

1324
01:00:13,400 --> 01:00:16,000
Speaker 8: Time as Canterbury, who do the business.

1325
01:00:16,120 --> 01:00:16,600
Speaker 2: In total.

1326
01:00:16,840 --> 01:00:22,560
Speaker 15: Game finishes Tananaki fifty, Auckland eight thirty six points to

1327
01:00:23,000 --> 01:00:25,280
Speaker 15: twenty two Hawks by break from the.

1328
01:00:25,360 --> 01:00:29,439
Speaker 12: Greatago one A clipper here at power of black through

1329
01:00:29,520 --> 01:00:30,000
Speaker 12: the middle.

1330
01:00:30,080 --> 01:00:31,400
Speaker 7: Whit can I have got there?

1331
01:00:31,840 --> 01:00:36,040
Speaker 8: Twenty seven twenty second for you or Blacks go back

1332
01:00:36,080 --> 01:00:38,520
Speaker 8: to number one in the world for the first time

1333
01:00:39,240 --> 01:00:41,800
Speaker 8: since November twenty twenty one.

1334
01:00:42,080 --> 01:00:45,240
Speaker 7: Glorious Survive paron Auckland.

1335
01:00:47,440 --> 01:00:48,919
Speaker 2: Four take points to ten.

1336
01:00:50,000 --> 01:00:53,480
Speaker 1: The Monday Morning Commentary Box on the Mike Husking Breakfast

1337
01:00:53,640 --> 01:00:57,520
Speaker 1: with Spears Finance, supporting Kiwi businesses with finance solutions for

1338
01:00:57,640 --> 01:00:58,600
Speaker 1: over fifty years.

1339
01:00:58,760 --> 01:01:02,120
Speaker 2: Andrew Servil and joy some time with the Spellers. Good morning,

1340
01:01:02,960 --> 01:01:06,800
Speaker 2: good morning. I Andrew enjoyed the Warriors sort of the

1341
01:01:06,840 --> 01:01:08,800
Speaker 2: boss and he was there is in one of his

1342
01:01:08,920 --> 01:01:14,200
Speaker 2: corporate boss box, you know, and I he didn't think

1343
01:01:14,240 --> 01:01:16,800
Speaker 2: it was that good a time. And I thoroughly enjoyed

1344
01:01:16,800 --> 01:01:18,520
Speaker 2: the game, had a bit of razzle dazzle about it,

1345
01:01:18,600 --> 01:01:20,880
Speaker 2: and you know, there weren't a lot of worries the

1346
01:01:20,960 --> 01:01:22,920
Speaker 2: Warriors were talking about, and it had a bit of

1347
01:01:23,000 --> 01:01:25,520
Speaker 2: razzle dazzle about it. The couple of good looking, exciting

1348
01:01:25,640 --> 01:01:27,840
Speaker 2: kind of tries and we won. So I mean all

1349
01:01:27,920 --> 01:01:29,960
Speaker 2: and all, I'm happy. Am I easily pleased? Or is

1350
01:01:30,000 --> 01:01:31,160
Speaker 2: he right? And it was miserable?

1351
01:01:31,480 --> 01:01:33,640
Speaker 15: No? No, no, I think I think you're right. They

1352
01:01:33,680 --> 01:01:37,240
Speaker 15: had a bit of drama involved at this time of year, Mike,

1353
01:01:37,280 --> 01:01:39,040
Speaker 15: and give them the pressure the Warriors have been under

1354
01:01:39,040 --> 01:01:42,840
Speaker 15: a wins a win right, and they were behind in

1355
01:01:42,880 --> 01:01:45,120
Speaker 15: the scoreboard for a lot of the game, scored some

1356
01:01:45,200 --> 01:01:49,360
Speaker 15: good tries type finish in the end, and then the

1357
01:01:49,440 --> 01:01:53,880
Speaker 15: atmosphere at that venue looks superb for the Warriors games

1358
01:01:53,920 --> 01:01:56,919
Speaker 15: and the crowd chanting the winning tune afterwards. It's yeah,

1359
01:01:57,360 --> 01:01:59,640
Speaker 15: it's all good to sight to behold. Really so no,

1360
01:01:59,720 --> 01:02:01,400
Speaker 15: I think, you know, and at this time of year,

1361
01:02:01,480 --> 01:02:04,080
Speaker 15: with a few regular season games to go, that they

1362
01:02:04,160 --> 01:02:07,000
Speaker 15: become almost knockout games for a lot of teams, including

1363
01:02:07,040 --> 01:02:09,040
Speaker 15: the Warriors. You know, if they keep winning, they'll they'll

1364
01:02:09,040 --> 01:02:11,760
Speaker 15: finish in the top four. And given the situation they're

1365
01:02:11,800 --> 01:02:16,680
Speaker 15: in with all those injuries and one or two players

1366
01:02:16,720 --> 01:02:19,760
Speaker 15: possibly about to be suspended, that's a good win.

1367
01:02:19,960 --> 01:02:22,840
Speaker 2: I reckon. I also see Jason. I also enjoyed the

1368
01:02:22,880 --> 01:02:24,920
Speaker 2: All Blacks. I mean, I know, all you guys go

1369
01:02:25,000 --> 01:02:26,960
Speaker 2: around going, oh, and he didn't move that way and

1370
01:02:27,080 --> 01:02:29,720
Speaker 2: he dies, just like we won. We won, well, we

1371
01:02:29,800 --> 01:02:31,600
Speaker 2: were never going to lose. It's just like, you know,

1372
01:02:31,760 --> 01:02:33,360
Speaker 2: just enjoy it. Why can't we just enjoy it?

1373
01:02:34,160 --> 01:02:35,440
Speaker 7: I enjoyed it. I enjoyed it.

1374
01:02:35,520 --> 01:02:37,760
Speaker 21: You're right, there's you know, there's a there's a certain

1375
01:02:37,800 --> 01:02:43,720
Speaker 21: degree of cover analysis, over analysis. Certainly a lot of

1376
01:02:43,800 --> 01:02:46,680
Speaker 21: over analysis on my show yesterday talking about the first

1377
01:02:47,200 --> 01:02:49,240
Speaker 21: twenty minutes of the second half, and I think that's

1378
01:02:49,280 --> 01:02:51,840
Speaker 21: where you land and we're looking for what improvements.

1379
01:02:51,880 --> 01:02:54,000
Speaker 7: But by that stage I thought the first half was great.

1380
01:02:54,080 --> 01:02:55,440
Speaker 7: Thirty one ten up.

1381
01:02:56,560 --> 01:02:58,640
Speaker 15: I thought, if we do with the all blacks, isn't

1382
01:02:58,640 --> 01:03:01,480
Speaker 15: it we analyze it, you know, over and sometimes sometimes

1383
01:03:01,520 --> 01:03:03,760
Speaker 15: they're on a hiding to nothing. Look, look the problem

1384
01:03:03,800 --> 01:03:05,280
Speaker 15: I think they're facing at the moment. It's a bit

1385
01:03:05,360 --> 01:03:07,600
Speaker 15: like whack a mole. They seem to be improving each

1386
01:03:08,520 --> 01:03:10,320
Speaker 15: from game to a game in certain areas, but then

1387
01:03:10,400 --> 01:03:12,360
Speaker 15: going backwards and others. I thought it was a great

1388
01:03:12,440 --> 01:03:15,320
Speaker 15: start in a great finish, but the middle patches when

1389
01:03:15,360 --> 01:03:18,240
Speaker 15: the bench came on initially because in the end of

1390
01:03:18,320 --> 01:03:21,120
Speaker 15: bench won them the game, really, but initially they lost

1391
01:03:21,120 --> 01:03:22,840
Speaker 15: a bit of their shape. Look, they're trying to play

1392
01:03:22,880 --> 01:03:26,680
Speaker 15: at Pacemarke and clearly they're still a little bit out

1393
01:03:26,720 --> 01:03:29,360
Speaker 15: of synk. Let's not forget most of those players hadn't

1394
01:03:29,360 --> 01:03:32,920
Speaker 15: played forty for four or five weeks. But in a

1395
01:03:33,360 --> 01:03:37,400
Speaker 15: test match against a big, bruising pack, Lake France Lake, Argentina.

1396
01:03:37,800 --> 01:03:39,400
Speaker 15: Maybe they just need to shelve a lot of that

1397
01:03:39,920 --> 01:03:42,840
Speaker 15: quick hand stuff and play percentage for what do you reckon?

1398
01:03:43,000 --> 01:03:45,520
Speaker 2: Jason? What happened with body? At the end he just

1399
01:03:45,720 --> 01:03:47,880
Speaker 2: lovely kicks and then towards the end he sort of

1400
01:03:47,920 --> 01:03:50,000
Speaker 2: missed a couple and I'm thinking, is he gone what

1401
01:03:50,080 --> 01:03:51,720
Speaker 2: happens there? Is he thinking? Oh, We've got this in

1402
01:03:51,760 --> 01:03:53,520
Speaker 2: the bag anyway, so I won't turn it in like

1403
01:03:53,720 --> 01:03:55,360
Speaker 2: normally do or you know what I mean, It's like,

1404
01:03:55,440 --> 01:03:55,880
Speaker 2: what's happening?

1405
01:03:55,960 --> 01:03:56,040
Speaker 11: Man?

1406
01:03:56,360 --> 01:03:58,920
Speaker 21: Yeah, I doubt that's happened. I think, you know, he

1407
01:03:59,080 --> 01:04:00,640
Speaker 21: probably addresses every kickers though.

1408
01:04:00,680 --> 01:04:02,920
Speaker 7: It's it's it's important that it goes over.

1409
01:04:03,240 --> 01:04:04,880
Speaker 21: I thought he had a really good game boat Embarra

1410
01:04:05,000 --> 01:04:06,920
Speaker 21: to see there's been some criticism about him as well,

1411
01:04:07,000 --> 01:04:11,000
Speaker 21: but I think he's clearly at the number one five.

1412
01:04:11,720 --> 01:04:11,919
Speaker 7: Yeah.

1413
01:04:12,440 --> 01:04:15,760
Speaker 2: It's it's like us analyzing the six fifteen to six

1414
01:04:15,880 --> 01:04:17,200
Speaker 2: twenty bit of my show.

1415
01:04:17,080 --> 01:04:20,200
Speaker 15: This morning, and I'm you know, it's like we need

1416
01:04:20,280 --> 01:04:21,040
Speaker 15: to be analyzed.

1417
01:04:21,160 --> 01:04:23,840
Speaker 2: It's over, you know, is that overall?

1418
01:04:24,920 --> 01:04:25,080
Speaker 12: Yes?

1419
01:04:25,200 --> 01:04:28,000
Speaker 15: You did. It's six fifteen to six thirty a little

1420
01:04:28,040 --> 01:04:30,520
Speaker 15: bit of a dead patch, whereas eighteen to eight twenty

1421
01:04:30,600 --> 01:04:31,840
Speaker 15: two goes through the roofs.

1422
01:04:32,000 --> 01:04:33,800
Speaker 2: Well you know how it is? I mean not in

1423
01:04:33,920 --> 01:04:37,040
Speaker 2: not every sigment can be got. Did the Hosk entertain you? Yes?

1424
01:04:37,120 --> 01:04:37,400
Speaker 12: He did.

1425
01:04:37,640 --> 01:04:38,920
Speaker 2: I mean that's all it counts, isn't it?

1426
01:04:40,120 --> 01:04:41,960
Speaker 7: The biggest story is Alice Park, isn't it?

1427
01:04:42,120 --> 01:04:42,600
Speaker 15: What happened?

1428
01:04:43,000 --> 01:04:43,160
Speaker 16: Man?

1429
01:04:43,800 --> 01:04:45,880
Speaker 7: Absolutely incredible?

1430
01:04:46,000 --> 01:04:46,760
Speaker 16: That was staggering.

1431
01:04:47,280 --> 01:04:50,520
Speaker 21: Ye twenty two, niller head. South African fans are thinking

1432
01:04:50,600 --> 01:04:53,760
Speaker 21: this is a sixty pointer. Australian fans are going, man,

1433
01:04:53,840 --> 01:04:55,439
Speaker 21: what's going on? I'll probably have to go to bed.

1434
01:04:55,840 --> 01:04:59,080
Speaker 21: Thirty eight unanswered points they haven't won? There is that

1435
01:04:59,160 --> 01:04:59,600
Speaker 21: a record?

1436
01:05:00,080 --> 01:05:00,800
Speaker 7: Kay was alive?

1437
01:05:00,920 --> 01:05:01,800
Speaker 2: Does anyone checked?

1438
01:05:01,840 --> 01:05:01,880
Speaker 5: That?

1439
01:05:02,520 --> 01:05:04,240
Speaker 2: Is thirty eight unanswered a record?

1440
01:05:04,320 --> 01:05:07,400
Speaker 15: And tis that's that's got to be. I'd imagine the

1441
01:05:07,480 --> 01:05:10,320
Speaker 15: most points South Africa's ever conceded at Alice Part.

1442
01:05:10,480 --> 01:05:14,280
Speaker 2: Yeah, I'm pretty close now. From my point of view,

1443
01:05:14,360 --> 01:05:16,400
Speaker 2: I didn't see it. I only saw the highlights, right,

1444
01:05:16,760 --> 01:05:20,760
Speaker 2: But the highlights I saw was the Australians running rampant.

1445
01:05:21,320 --> 01:05:24,440
Speaker 2: So it wasn't like tough frontline stuff scraping over the

1446
01:05:24,520 --> 01:05:25,040
Speaker 2: long times.

1447
01:05:25,440 --> 01:05:26,000
Speaker 16: You're right there.

1448
01:05:26,040 --> 01:05:28,240
Speaker 15: At times it looked like a big game of sevens.

1449
01:05:28,360 --> 01:05:28,560
Speaker 2: Yeah.

1450
01:05:28,680 --> 01:05:31,000
Speaker 15: The Australians were holding the ball and waiting for it

1451
01:05:31,120 --> 01:05:33,320
Speaker 15: to see what the defensive line was doing. Then bang,

1452
01:05:33,400 --> 01:05:36,360
Speaker 15: they were off a little bit like sevens. I think

1453
01:05:36,440 --> 01:05:41,400
Speaker 15: also the South Africans looked tired through major stretches of

1454
01:05:41,480 --> 01:05:44,280
Speaker 15: that game. They looked old and they looked tired. Hopefully

1455
01:05:44,720 --> 01:05:46,440
Speaker 15: they look old and looked tired when they come here.

1456
01:05:47,280 --> 01:05:49,439
Speaker 21: Australia have got so many wheels on the backs, haven't

1457
01:05:49,440 --> 01:05:52,280
Speaker 21: they that? Max Jorgenson is so quick, Tom Writ's a

1458
01:05:52,320 --> 01:05:55,040
Speaker 21: brilliant player. Dylan Peach, They're a good team. Joseph Thor

1459
01:05:55,800 --> 01:05:57,920
Speaker 21: you know, I just I'd need to see more. It's

1460
01:05:58,000 --> 01:06:00,680
Speaker 21: one game and it may be that in Cape Town

1461
01:06:00,720 --> 01:06:02,800
Speaker 21: next weekend at the Universe writes.

1462
01:06:02,600 --> 01:06:03,960
Speaker 2: Its, well they'll come back way'te?

1463
01:06:03,960 --> 01:06:04,640
Speaker 7: What performance?

1464
01:06:04,920 --> 01:06:07,120
Speaker 2: Yeah, I've got a key question actually to ask you

1465
01:06:07,160 --> 01:06:08,600
Speaker 2: after the break Andrews Level Jason Pine.

1466
01:06:08,680 --> 01:06:13,960
Speaker 1: Thirteen Past the Mike Hosking Breakfast Full Show podcast on iHeartRadio,

1467
01:06:14,200 --> 01:06:15,120
Speaker 1: how It By News.

1468
01:06:15,040 --> 01:06:18,360
Speaker 2: Talksippi News Talks sixteen past eight.

1469
01:06:19,000 --> 01:06:22,520
Speaker 1: The Monday Morning commentary barks on the Mike Hosking Breakfast

1470
01:06:22,680 --> 01:06:26,520
Speaker 1: with Spears Finance, supporting Kiwi businesses with finance solutions for

1471
01:06:26,680 --> 01:06:27,640
Speaker 1: over fifty.

1472
01:06:27,400 --> 01:06:30,160
Speaker 2: Years, same question to both of you. Jason, you first,

1473
01:06:30,400 --> 01:06:32,840
Speaker 2: has your out of Australia South Africa? Has your view

1474
01:06:32,880 --> 01:06:35,440
Speaker 2: of Australia changed notably? And has your view of South

1475
01:06:35,480 --> 01:06:36,480
Speaker 2: Africa change notably?

1476
01:06:36,720 --> 01:06:38,200
Speaker 15: Or not? No?

1477
01:06:38,760 --> 01:06:40,680
Speaker 7: No, not after one game it hasn't.

1478
01:06:40,960 --> 01:06:42,760
Speaker 21: I think all the points that we make about how

1479
01:06:42,800 --> 01:06:45,720
Speaker 21: good Australia were and how tired South Africa looked stand

1480
01:06:46,000 --> 01:06:47,240
Speaker 21: but only for that eighty minutes.

1481
01:06:47,480 --> 01:06:49,080
Speaker 7: You need to pick a sample site for me.

1482
01:06:49,920 --> 01:06:51,360
Speaker 21: I feel as I need to see what happens in

1483
01:06:51,440 --> 01:06:54,440
Speaker 21: Cape Town, and I need to see how Australia shape

1484
01:06:54,520 --> 01:06:56,760
Speaker 21: up when they come here to take us on and

1485
01:06:56,880 --> 01:06:58,440
Speaker 21: South Africa the saying so, no, I don't think it

1486
01:06:58,920 --> 01:07:00,000
Speaker 21: hasn't materially change.

1487
01:07:00,520 --> 01:07:04,520
Speaker 15: I think yeah, I think South Africa will bounce back. Mike, However,

1488
01:07:04,600 --> 01:07:07,480
Speaker 15: I think Australia's stocks have risen. Let's not forget they

1489
01:07:07,600 --> 01:07:10,160
Speaker 15: played a massive series against the Lions just a few

1490
01:07:10,200 --> 01:07:12,600
Speaker 15: weeks ago, finished it just a few weeks ago. Then

1491
01:07:12,680 --> 01:07:14,560
Speaker 15: they bounced back after a bit of a breather and

1492
01:07:15,080 --> 01:07:18,280
Speaker 15: win at Alice Park of all places, and stick thirty

1493
01:07:18,280 --> 01:07:21,600
Speaker 15: eight points in the spring box. Joe Schmidt's influenced the

1494
01:07:21,680 --> 01:07:25,640
Speaker 15: key we coach on this team can't be underest Unfortunately,

1495
01:07:25,720 --> 01:07:29,520
Speaker 15: it looks like he's finishing with the Wallabies, but won't

1496
01:07:29,560 --> 01:07:32,640
Speaker 15: come back here and do a job immediately. Although in

1497
01:07:32,840 --> 01:07:36,120
Speaker 15: saying that, given the current executive events that are is

1498
01:07:36,200 --> 01:07:39,280
Speaker 15: going out the back door or leaving over the next

1499
01:07:39,320 --> 01:07:44,360
Speaker 15: several months, then maybe Joe Schmitz, well he needs to

1500
01:07:44,400 --> 01:07:46,480
Speaker 15: do something here, doesn't he Well, you can't lose that

1501
01:07:46,640 --> 01:07:47,680
Speaker 15: sort of that sort of.

1502
01:07:47,720 --> 01:07:50,000
Speaker 2: Talent and ip no, no, no, no, I know, but

1503
01:07:50,120 --> 01:07:53,400
Speaker 2: the big jobs taken, that's right, Well.

1504
01:07:53,320 --> 01:07:55,959
Speaker 15: He could he could be not necessarily with the All Blacks.

1505
01:07:55,960 --> 01:07:58,080
Speaker 15: I'm talking about other teams, super rugby teams.

1506
01:07:59,760 --> 01:08:03,480
Speaker 2: You once you've coached the national Siders coaching you know Canterbury,

1507
01:08:03,680 --> 01:08:04,840
Speaker 2: I mean obviously coaching.

1508
01:08:05,800 --> 01:08:07,600
Speaker 15: Coaching, and that could be at any level.

1509
01:08:08,400 --> 01:08:14,080
Speaker 2: Okay, Now my problem is I get that the size

1510
01:08:14,120 --> 01:08:16,640
Speaker 2: that it's like snooker, the size of the sports problematic.

1511
01:08:17,240 --> 01:08:19,080
Speaker 2: But as five and a half thousand people turning up

1512
01:08:19,080 --> 01:08:21,800
Speaker 2: to the darts to success in a place that holds

1513
01:08:21,880 --> 01:08:23,120
Speaker 2: fifteen thousand.

1514
01:08:25,200 --> 01:08:26,640
Speaker 21: I don't know whether they I don't know where they

1515
01:08:26,960 --> 01:08:29,160
Speaker 21: do they have fifteen thousand seats, that's a spark.

1516
01:08:29,400 --> 01:08:32,080
Speaker 2: Spark arena can hold fifteen thousand. But I mean what

1517
01:08:32,160 --> 01:08:34,160
Speaker 2: I'm saying is that they're spreaking five and a half

1518
01:08:34,200 --> 01:08:35,120
Speaker 2: thousands being a big deal.

1519
01:08:35,160 --> 01:08:37,880
Speaker 15: I'm just thinking that it's a different configuration for the darts.

1520
01:08:37,960 --> 01:08:39,840
Speaker 2: You know, well I know that, But I mean, if

1521
01:08:39,880 --> 01:08:41,519
Speaker 2: you can sell ten thousand, you can figure it for

1522
01:08:41,600 --> 01:08:43,280
Speaker 2: ten thousand. Would you wipe there's five and a half

1523
01:08:43,320 --> 01:08:44,640
Speaker 2: thousand feet good atmosphere?

1524
01:08:44,840 --> 01:08:46,720
Speaker 15: Well you've got to realize, Mica, is that they take

1525
01:08:46,760 --> 01:08:48,360
Speaker 15: a lot of seats out to put bars in.

1526
01:08:52,120 --> 01:08:54,479
Speaker 2: What are you watching? I mean, I've never been to

1527
01:08:54,520 --> 01:08:56,800
Speaker 2: the darts, but are you watching a TV screen? Or

1528
01:08:57,320 --> 01:08:59,640
Speaker 2: is that the problem with the crowd size? You've got

1529
01:08:59,680 --> 01:09:01,679
Speaker 2: to be close enough to actually see the board itself.

1530
01:09:02,720 --> 01:09:04,080
Speaker 7: Big screens on both sides.

1531
01:09:04,120 --> 01:09:06,360
Speaker 21: So yeah, I mean, only only the people quite near

1532
01:09:06,360 --> 01:09:09,240
Speaker 21: the front can actually see the dart board itself, a

1533
01:09:09,360 --> 01:09:11,840
Speaker 21: mess of screens. But you're there for the atmosphere, aren't you.

1534
01:09:11,920 --> 01:09:14,400
Speaker 21: You're there to dress well exactly, But that's what that's.

1535
01:09:14,280 --> 01:09:16,200
Speaker 2: What I'm saying. So why isn't it fifteen thousand?

1536
01:09:16,240 --> 01:09:16,360
Speaker 11: Why?

1537
01:09:16,439 --> 01:09:18,320
Speaker 2: I mean, if all it is is about getting pested,

1538
01:09:18,880 --> 01:09:20,200
Speaker 2: why isn't it fifteen thousand?

1539
01:09:22,280 --> 01:09:26,200
Speaker 15: Because not everybody's like you just go to somewhere to

1540
01:09:26,240 --> 01:09:26,799
Speaker 15: get boost.

1541
01:09:26,840 --> 01:09:28,679
Speaker 2: Who doesn't want to dress up and get boost?

1542
01:09:30,200 --> 01:09:32,120
Speaker 15: You to do it at home on the You do

1543
01:09:32,200 --> 01:09:34,280
Speaker 15: it at home on the couch. You NRL. We can

1544
01:09:35,360 --> 01:09:36,880
Speaker 15: some people go out, some people don't.

1545
01:09:36,960 --> 01:09:37,880
Speaker 2: I'm just trying to work out.

1546
01:09:37,880 --> 01:09:40,040
Speaker 15: But I think Luke Littler is a bigger traction and

1547
01:09:40,120 --> 01:09:42,640
Speaker 15: he won it, so you can't say, you know one, I.

1548
01:09:42,680 --> 01:09:46,040
Speaker 2: Didn't realize there's the other Luke who's actually the number

1549
01:09:46,080 --> 01:09:49,080
Speaker 2: one in the world. What's happening to Littler? There's the

1550
01:09:49,120 --> 01:09:51,160
Speaker 2: other guy? Is he better than Littler? And Little's just

1551
01:09:51,240 --> 01:09:53,320
Speaker 2: because he's a bit large and funny. He's sort of

1552
01:09:53,360 --> 01:09:55,880
Speaker 2: the star of the show boy.

1553
01:09:56,000 --> 01:09:59,040
Speaker 15: Yeah that's right. Yeah Younger, how much young burst onto

1554
01:09:59,080 --> 01:09:59,400
Speaker 15: the scene?

1555
01:10:00,040 --> 01:10:00,240
Speaker 5: Yeah?

1556
01:10:00,439 --> 01:10:00,960
Speaker 7: Incredible?

1557
01:10:01,040 --> 01:10:04,200
Speaker 21: Hey, can I just mention Chris Wood like a couple

1558
01:10:04,200 --> 01:10:06,880
Speaker 21: of goals this morning? Ninety one in the Premier League.

1559
01:10:06,880 --> 01:10:07,479
Speaker 2: Now that's amazing.

1560
01:10:08,400 --> 01:10:10,240
Speaker 21: Yeah, he's gonna he's going to hit one hundred goals.

1561
01:10:10,520 --> 01:10:12,960
Speaker 21: Only thirty three guys have ever done that Premier League history.

1562
01:10:13,000 --> 01:10:15,720
Speaker 21: He keeps on keeping on, who always comes back for

1563
01:10:15,800 --> 01:10:18,360
Speaker 21: New Zealand. So we'll see him next month playing Australia.

1564
01:10:18,479 --> 01:10:21,200
Speaker 2: I hear dresser Greg, who's expert on the EPL, said,

1565
01:10:21,280 --> 01:10:23,800
Speaker 2: somebody spent huge over the off season. Who was it?

1566
01:10:23,920 --> 01:10:25,640
Speaker 2: Was it City or United or all of them?

1567
01:10:25,760 --> 01:10:27,160
Speaker 15: Or Chelsea was Forest? Wasn't it?

1568
01:10:27,320 --> 01:10:27,880
Speaker 16: Was it Forest?

1569
01:10:28,479 --> 01:10:30,880
Speaker 21: It's been a bit, but United have really spent a lot.

1570
01:10:30,960 --> 01:10:32,840
Speaker 21: They've spent a lot, and they lost one or the

1571
01:10:33,000 --> 01:10:35,280
Speaker 21: Arsenal at home this morning, so I'm safe.

1572
01:10:35,800 --> 01:10:38,160
Speaker 15: I'm not what team? What team does Greg support?

1573
01:10:38,960 --> 01:10:41,880
Speaker 2: I knew you'd ask that, and I normally fade out

1574
01:10:41,920 --> 01:10:44,920
Speaker 2: at that particular point in time. I want to say Arsenal. No,

1575
01:10:45,000 --> 01:10:48,200
Speaker 2: it's definitely Arsenal, Arsenal, It's definitely out. Are they any good?

1576
01:10:48,240 --> 01:10:48,639
Speaker 8: The guns?

1577
01:10:48,720 --> 01:10:49,320
Speaker 2: Are they any good?

1578
01:10:49,520 --> 01:10:51,719
Speaker 7: You'll be a happy He'll be a happy hairdresser today.

1579
01:10:52,240 --> 01:10:55,000
Speaker 2: Okay, Well, every every day, have you watched good news?

1580
01:10:55,080 --> 01:10:56,160
Speaker 15: I've got some good news for you.

1581
01:10:56,400 --> 01:11:00,599
Speaker 2: Pees L Yeah. Ready set three games?

1582
01:11:00,840 --> 01:11:04,000
Speaker 15: Three games every Monday, all on TV and no way

1583
01:11:04,240 --> 01:11:10,720
Speaker 15: so you're running the playoffs included in that and the

1584
01:11:10,840 --> 01:11:13,080
Speaker 15: super Bowl, and there's more good news to come as

1585
01:11:13,120 --> 01:11:16,559
Speaker 15: a season progressive. So three games every Monday, I think

1586
01:11:16,640 --> 01:11:18,880
Speaker 15: like five eight midday. You listening to me, I am

1587
01:11:18,960 --> 01:11:20,840
Speaker 15: listening to you. Yes, yes, yes, and how much is

1588
01:11:21,120 --> 01:11:22,320
Speaker 15: how much is it going to cost you?

1589
01:11:22,479 --> 01:11:22,759
Speaker 2: Nothing?

1590
01:11:23,240 --> 01:11:26,240
Speaker 15: It's free to wear, it's free to be, It's free

1591
01:11:26,320 --> 01:11:28,360
Speaker 15: on TV and Z plus. That will appeal to your

1592
01:11:28,479 --> 01:11:30,760
Speaker 15: left leaning side getting something for free.

1593
01:11:30,960 --> 01:11:33,280
Speaker 2: I'm into it. I just want to know whether it's

1594
01:11:33,360 --> 01:11:34,519
Speaker 2: the same three games.

1595
01:11:34,720 --> 01:11:36,680
Speaker 15: If you give Jason and I the code to the

1596
01:11:36,760 --> 01:11:40,439
Speaker 15: gate at Southward, we will come round for the will

1597
01:11:40,479 --> 01:11:42,439
Speaker 15: come round on the first weekend and join.

1598
01:11:42,320 --> 01:11:45,280
Speaker 2: In whatever press up. I just here and dress up

1599
01:11:45,400 --> 01:11:49,960
Speaker 2: and have some beers and we'll just we'll dance. Either

1600
01:11:50,040 --> 01:11:51,800
Speaker 2: of you better at dancing than the Prime Minister.

1601
01:11:52,160 --> 01:11:54,360
Speaker 15: We'll get Kadie to video and then then we'll become

1602
01:11:54,400 --> 01:11:55,080
Speaker 15: a viral hit.

1603
01:11:55,720 --> 01:11:58,200
Speaker 2: There we go. Can either of you dance better than

1604
01:11:58,240 --> 01:11:58,760
Speaker 2: the Prime Minister?

1605
01:11:58,920 --> 01:12:01,040
Speaker 20: I've got rhythm, but not no, And.

1606
01:12:01,120 --> 01:12:03,679
Speaker 7: That's why you don't try. That's why you don't try.

1607
01:12:03,920 --> 01:12:08,280
Speaker 2: True, you're very quiet, sav Are you beckoning yourself as

1608
01:12:08,320 --> 01:12:08,759
Speaker 2: a dancer?

1609
01:12:09,240 --> 01:12:12,320
Speaker 15: I was just leading Jason and hevisgo. I've always becked myself.

1610
01:12:12,360 --> 01:12:16,519
Speaker 15: I've got a fair amount of rhythm. Do I hear

1611
01:12:16,560 --> 01:12:18,439
Speaker 15: the drums beat and I go into a little bit

1612
01:12:18,479 --> 01:12:20,080
Speaker 15: of a going too my zone?

1613
01:12:20,200 --> 01:12:20,400
Speaker 12: Yeah?

1614
01:12:20,520 --> 01:12:23,560
Speaker 2: No, I'd bet myself good on you mate. Nice to

1615
01:12:23,560 --> 01:12:25,080
Speaker 2: see you guys. Hard Knocks. By the way, if you

1616
01:12:25,120 --> 01:12:27,840
Speaker 2: haven't seen Hard Knocks, it's got the Buffalo Bills and

1617
01:12:27,840 --> 01:12:31,799
Speaker 2: I watched episode one over the weekend. Fantastic, absolutely brilliant inside.

1618
01:12:32,360 --> 01:12:34,479
Speaker 2: But nice to see you guys. Andrew Sebill and Jason

1619
01:12:34,520 --> 01:12:35,479
Speaker 2: Pine eight twenty two.

1620
01:12:36,080 --> 01:12:39,719
Speaker 3: The Mike Hosking Breakfast with rainthrow Burn use togs DEADV.

1621
01:12:40,320 --> 01:12:43,320
Speaker 2: Whether it's a logistics firm, you know, monitoring deliveries in

1622
01:12:43,360 --> 01:12:46,120
Speaker 2: real time, or a tech startup demanding seamless connectivity. Kiwi

1623
01:12:46,200 --> 01:12:48,960
Speaker 2: businesses depending on strong reliable networks. Of course, we got

1624
01:12:49,000 --> 01:12:50,840
Speaker 2: more than two thousand cell sites. We got forty six

1625
01:12:50,920 --> 01:12:53,439
Speaker 2: hundred kilometers of fiber. This is two degrees. We talk

1626
01:12:53,479 --> 01:12:56,719
Speaker 2: of two degrees delivers world class networks that keep businesses

1627
01:12:56,760 --> 01:12:59,759
Speaker 2: connected nationwide. They've invested you ready for this, They've invested

1628
01:12:59,800 --> 01:13:02,920
Speaker 2: over a billion dollars into the infrastructure that empowers local

1629
01:13:03,000 --> 01:13:06,000
Speaker 2: companies to succeed, make them the fastest growing telco in

1630
01:13:06,160 --> 01:13:08,880
Speaker 2: the business space. They're so confident, by the way, and

1631
01:13:09,000 --> 01:13:11,839
Speaker 2: that network of theirs. They offer a thirty day network guarantee,

1632
01:13:11,880 --> 01:13:14,360
Speaker 2: so you join the thousands of Kiwi businesses that are

1633
01:13:14,400 --> 01:13:16,479
Speaker 2: already thriving with two degrees. You try it out. You

1634
01:13:16,560 --> 01:13:19,160
Speaker 2: make the switch to two degrees. Switch Telco, stay connected,

1635
01:13:19,240 --> 01:13:24,000
Speaker 2: super simple, Get to business two degrees dot enz Ford

1636
01:13:24,120 --> 01:13:27,679
Speaker 2: slash business. Not hard to remembers at two degrees dot

1637
01:13:27,880 --> 01:13:33,360
Speaker 2: enz Ford slash business. T's and c's apply asking a

1638
01:13:33,600 --> 01:13:38,200
Speaker 2: question for you. So Air Canada go on strike, ten

1639
01:13:38,280 --> 01:13:40,920
Speaker 2: thousand near Canada flight attendants there on strike as I

1640
01:13:41,200 --> 01:13:44,519
Speaker 2: over the weekend, and then they were returned, ordered to

1641
01:13:44,600 --> 01:13:48,040
Speaker 2: return to work by the Industrial Relations Board and in

1642
01:13:48,160 --> 01:13:51,960
Speaker 2: the Jobs Minister somebody called Patty. So in order to

1643
01:13:52,040 --> 01:13:55,120
Speaker 2: secure industrial peace and protect the interests of Canada, Canadians

1644
01:13:55,160 --> 01:13:57,639
Speaker 2: and the economy, so they used section one oh seven

1645
01:13:57,720 --> 01:14:00,479
Speaker 2: of the Canadian Union of Public Employers. All good for fantastic.

1646
01:14:00,920 --> 01:14:04,400
Speaker 2: My question is, how is it that you allow people

1647
01:14:04,439 --> 01:14:06,160
Speaker 2: to go on strike. This is the national carrier, this

1648
01:14:06,240 --> 01:14:08,840
Speaker 2: is the flag carrier of Canada. It's like in New

1649
01:14:08,880 --> 01:14:10,599
Speaker 2: Zealand going on striking. There are no ere New Zealand

1650
01:14:10,640 --> 01:14:12,800
Speaker 2: plans taking off and us allowing that to somehow happen.

1651
01:14:12,880 --> 01:14:15,599
Speaker 2: It doesn't happen for fairly obvious reasons. How I mean,

1652
01:14:15,680 --> 01:14:17,639
Speaker 2: maybe it's Canada. Maybe that's the sort of weird stuff

1653
01:14:17,640 --> 01:14:20,439
Speaker 2: they do in Canada. But what's the point of threatening

1654
01:14:20,479 --> 01:14:24,439
Speaker 2: to go on strike then going on strike if each

1655
01:14:24,479 --> 01:14:26,640
Speaker 2: and every time obviously the government is going to go, well,

1656
01:14:26,640 --> 01:14:28,439
Speaker 2: it's Section one er seven, get back to work. What

1657
01:14:29,080 --> 01:14:30,920
Speaker 2: a waste of time? And what did that achieve? For

1658
01:14:30,960 --> 01:14:33,040
Speaker 2: goodness sake? Obviously there are certain people who can't go

1659
01:14:33,160 --> 01:14:34,600
Speaker 2: on strike, aren't allowed to go and strike, and that

1660
01:14:34,640 --> 01:14:36,559
Speaker 2: should be one of them. But anyway, it seems resolved now,

1661
01:14:38,200 --> 01:14:40,720
Speaker 2: Steve Price. Across the Tasman those two poles I gave

1662
01:14:40,760 --> 01:14:44,200
Speaker 2: you earlier on this morning, can elbow get even more popular?

1663
01:14:44,280 --> 01:14:46,639
Speaker 2: There are incredible numbers, Steve Price. With that in other

1664
01:14:46,680 --> 01:14:49,280
Speaker 2: matters after the news, which is next to view's talks would.

1665
01:14:49,040 --> 01:14:55,240
Speaker 1: Be news opinion and everything in between, the mic hosting

1666
01:14:55,320 --> 01:14:59,520
Speaker 1: break best with Bailey's real estate altogether better across residential,

1667
01:14:59,600 --> 01:15:01,760
Speaker 1: commercial and rural news togsad be.

1668
01:15:01,920 --> 01:15:03,240
Speaker 2: Would you want to be the head of the top

1669
01:15:03,320 --> 01:15:06,800
Speaker 2: party even if you hadn't thought about it before as

1670
01:15:06,880 --> 01:15:09,679
Speaker 2: one of those jobs because they're advertising the Opportunities party.

1671
01:15:09,760 --> 01:15:12,439
Speaker 2: This was that you go back to Gareth Morgan, Jeff Simmons,

1672
01:15:12,520 --> 01:15:14,519
Speaker 2: you go who And that was part of the problem,

1673
01:15:14,560 --> 01:15:16,839
Speaker 2: of course, because when Jeff became the leader, Raf Mangi

1674
01:15:18,040 --> 01:15:20,200
Speaker 2: last time, very well known name in christ jurtch Raff.

1675
01:15:20,640 --> 01:15:22,599
Speaker 2: But they didn't do anything. They've never really done anything,

1676
01:15:22,640 --> 01:15:25,280
Speaker 2: even under Gareth Morgan. The problem was always their tax policy,

1677
01:15:25,320 --> 01:15:27,360
Speaker 2: which no one could explain properly, and when they started

1678
01:15:27,439 --> 01:15:31,080
Speaker 2: explaining it, you sort of lost the will to live. Anyway,

1679
01:15:31,120 --> 01:15:32,600
Speaker 2: they if you am not up on the side of

1680
01:15:32,640 --> 01:15:36,200
Speaker 2: the story. They're looking for a leader. A political party

1681
01:15:36,280 --> 01:15:39,439
Speaker 2: is looking for a leader and they're advertising the job

1682
01:15:39,560 --> 01:15:43,960
Speaker 2: currently on seekh whereas I don't know. Is that desperate?

1683
01:15:45,000 --> 01:15:47,280
Speaker 2: Is it clever? But here's the other thing. Do you

1684
01:15:47,360 --> 01:15:49,639
Speaker 2: know who they have campaign managers? Guess who their campaign

1685
01:15:49,680 --> 01:15:54,360
Speaker 2: manager is, Ian Lee's Galloway, Remember that name, Ian Le's

1686
01:15:54,720 --> 01:15:58,320
Speaker 2: Ian I didn't read the report in time Lee's Galloway.

1687
01:15:58,880 --> 01:16:00,920
Speaker 2: He's now turned up at top. Do you move from

1688
01:16:01,000 --> 01:16:02,840
Speaker 2: labor to top? Does that surprise you? Do you move

1689
01:16:02,880 --> 01:16:05,720
Speaker 2: from a labour party to the top? Party's top seen

1690
01:16:05,760 --> 01:16:06,680
Speaker 2: the left or center right?

1691
01:16:06,960 --> 01:16:10,000
Speaker 8: Anyway depends on the leader they select. I suppose is

1692
01:16:10,080 --> 01:16:11,080
Speaker 8: this not your big chance?

1693
01:16:12,320 --> 01:16:13,639
Speaker 2: It's funny you should say that, Cleann.

1694
01:16:14,800 --> 01:16:16,640
Speaker 8: Are you taking their calls? Is that why they've had

1695
01:16:16,680 --> 01:16:17,479
Speaker 8: to go to seek.

1696
01:16:19,560 --> 01:16:24,759
Speaker 13: Twenty two to nine International correspondence with ends an eye insurance,

1697
01:16:24,960 --> 01:16:27,280
Speaker 13: peace of mind for New Zealand business see bright.

1698
01:16:27,320 --> 01:16:28,920
Speaker 2: With us in Australia. Very good morning to you.

1699
01:16:29,680 --> 01:16:31,280
Speaker 3: Hello there these poles.

1700
01:16:31,360 --> 01:16:34,160
Speaker 2: I was pondering the idea the main pole this morning.

1701
01:16:34,240 --> 01:16:36,519
Speaker 2: That shows that Elbow's even more popular, and he'd win

1702
01:16:36,640 --> 01:16:38,920
Speaker 2: more seats of an election were held today. Do you

1703
01:16:39,000 --> 01:16:42,479
Speaker 2: reckon it's the zeitgeist? In other words, he wins an

1704
01:16:42,479 --> 01:16:45,120
Speaker 2: election anyone at well, no question about that. But people

1705
01:16:45,240 --> 01:16:47,280
Speaker 2: then see him in a different light. They go, actually,

1706
01:16:47,320 --> 01:16:50,000
Speaker 2: that guy, I reckon, he's really cool, and he becomes

1707
01:16:50,200 --> 01:16:52,000
Speaker 2: almost biosmosis more popular.

1708
01:16:52,800 --> 01:16:54,560
Speaker 16: Well, I'm probably the wrong person to ask, because I

1709
01:16:54,600 --> 01:16:56,240
Speaker 16: don't think he's very cool at all. In a fact,

1710
01:16:56,280 --> 01:16:59,360
Speaker 16: I think he's probably in my lifetime go down as

1711
01:16:59,360 --> 01:17:02,080
Speaker 16: one of the two or three prime ministers we've ever had.

1712
01:17:02,240 --> 01:17:05,280
Speaker 16: His leadership is non existent. He seems to be more

1713
01:17:05,360 --> 01:17:09,080
Speaker 16: interested in coosing up to China than keeping our relationship

1714
01:17:09,120 --> 01:17:13,799
Speaker 16: with the Americans on solid ground. He's now recognizing Palestine, obviously,

1715
01:17:14,360 --> 01:17:19,360
Speaker 16: But I'm much older than probably the people who are

1716
01:17:19,400 --> 01:17:22,120
Speaker 16: being pulled by Newspall. It shows that he's back to

1717
01:17:22,160 --> 01:17:24,760
Speaker 16: where he was pre voice and remember the voice. I mean,

1718
01:17:24,800 --> 01:17:27,040
Speaker 16: you can never forget that. I when he went around

1719
01:17:27,080 --> 01:17:29,000
Speaker 16: to the country saying the first thing he stood up

1720
01:17:29,040 --> 01:17:31,240
Speaker 16: on the first night that he got elected the first

1721
01:17:31,360 --> 01:17:33,680
Speaker 16: time and said, the first thing we will do is

1722
01:17:33,720 --> 01:17:36,800
Speaker 16: implement the Uluru Statement from the heart and full. And

1723
01:17:36,960 --> 01:17:39,880
Speaker 16: he then decided to have a voice referendum, which then

1724
01:17:39,960 --> 01:17:43,599
Speaker 16: obviously fell over and it was a waste of political

1725
01:17:44,320 --> 01:17:46,719
Speaker 16: probably good will by the Prime minister. And it appears

1726
01:17:47,160 --> 01:17:50,320
Speaker 16: he's made some miraculous recovery. But we will have to

1727
01:17:50,400 --> 01:17:52,000
Speaker 16: wait and see, because I think one of the big

1728
01:17:52,080 --> 01:17:55,559
Speaker 16: tests is going to come to One does he get

1729
01:17:55,600 --> 01:17:57,360
Speaker 16: that meeting with Donald Trump when he goes to the

1730
01:17:57,560 --> 01:17:59,760
Speaker 16: UN in New York to say I want to close

1731
01:17:59,880 --> 01:18:03,080
Speaker 16: up Palestine? And Two what comes out of this three

1732
01:18:03,160 --> 01:18:06,080
Speaker 16: day Roundtable economic meeting which is about to start in

1733
01:18:06,320 --> 01:18:10,320
Speaker 16: Canberra tomorrow and we'll run across Tuesday, Wednesday and Thursday.

1734
01:18:10,640 --> 01:18:15,640
Speaker 2: Two part question is what's happening at the roundtable? Preordained?

1735
01:18:16,560 --> 01:18:18,840
Speaker 2: Two is anything actually going to happen?

1736
01:18:20,360 --> 01:18:24,000
Speaker 16: The answer is yes and no, there's no doubt it's preordained.

1737
01:18:24,080 --> 01:18:27,759
Speaker 16: Treasury is sat down, you know, with the finance ministers

1738
01:18:27,800 --> 01:18:31,519
Speaker 16: in the government, Jim Chalmers and Katie Gallagher and the

1739
01:18:31,560 --> 01:18:33,280
Speaker 16: rest of them, and they probably worked out exactly what

1740
01:18:33,320 --> 01:18:36,519
Speaker 16: they're going to do. Most people believe that there will

1741
01:18:36,560 --> 01:18:39,800
Speaker 16: be some sort of I mean, Anthony Abanez's thing of

1742
01:18:39,880 --> 01:18:41,519
Speaker 16: him came out and said, you know, we've got no

1743
01:18:41,640 --> 01:18:44,880
Speaker 16: plans to increase taxes beyond what we promised during the

1744
01:18:44,920 --> 01:18:47,719
Speaker 16: election campaign. Well they promised you in the election campaign

1745
01:18:47,720 --> 01:18:50,880
Speaker 16: that they're going to double the tax on anyone who's

1746
01:18:50,920 --> 01:18:53,360
Speaker 16: got a super fun worth more than three million dollars.

1747
01:18:54,000 --> 01:18:57,120
Speaker 16: So that will happen, but there will be some adjustments

1748
01:18:57,160 --> 01:18:59,320
Speaker 16: to other parts of the tax scales. There's no doubt

1749
01:18:59,320 --> 01:19:02,200
Speaker 16: about that. Seem very keen on something I mentioned to

1750
01:19:02,280 --> 01:19:05,160
Speaker 16: you last week, Miche, and that is taxing people who

1751
01:19:05,240 --> 01:19:08,880
Speaker 16: drive electric vehicles on our roads, which is growing in

1752
01:19:09,000 --> 01:19:11,599
Speaker 16: numbers because they pay no petrol duty at the moment.

1753
01:19:11,720 --> 01:19:14,280
Speaker 16: So those two things will come out of it. Interestingly,

1754
01:19:14,320 --> 01:19:18,360
Speaker 16: the Australian reporting this morning that only one senior resources

1755
01:19:18,760 --> 01:19:22,960
Speaker 16: executive that's from Woodside Petroleum has been invited, and yet

1756
01:19:23,120 --> 01:19:28,639
Speaker 16: we have the Australian Conservation Foundation and various other lobby

1757
01:19:28,720 --> 01:19:32,719
Speaker 16: groups from the green groups who are invited, including people

1758
01:19:33,080 --> 01:19:37,200
Speaker 16: who have shut down woodside projects in Wa. So it's

1759
01:19:37,240 --> 01:19:39,400
Speaker 16: going to be a frosty little room I would reckon, and.

1760
01:19:39,680 --> 01:19:43,960
Speaker 2: I would imagine any number of union members have been welcomed.

1761
01:19:44,960 --> 01:19:47,920
Speaker 16: Yeah, the ACTU boss Sally McManus should be there, and

1762
01:19:48,040 --> 01:19:51,559
Speaker 16: there's a number of other leading union bosses as well. Obviously,

1763
01:19:51,640 --> 01:19:53,519
Speaker 16: she put on the agenda last week that she'd like

1764
01:19:53,560 --> 01:19:57,240
Speaker 16: to see Australian workers work four days a week, not five,

1765
01:19:57,320 --> 01:20:00,200
Speaker 16: for the same money they currently earn. So god knows

1766
01:20:00,240 --> 01:20:01,680
Speaker 16: how that's going to go down when she puts that

1767
01:20:01,760 --> 01:20:03,720
Speaker 16: on the table and stands up to speak about it.

1768
01:20:03,920 --> 01:20:06,640
Speaker 16: It will be fascinating to see what happens. But I

1769
01:20:06,760 --> 01:20:10,160
Speaker 16: think it will be largely symbolic the news.

1770
01:20:10,000 --> 01:20:12,880
Speaker 2: In the airport, I think, and I am literally making

1771
01:20:12,920 --> 01:20:15,800
Speaker 2: this up for some reason. I've no idea why in

1772
01:20:15,960 --> 01:20:20,000
Speaker 2: New Zealand I think is going in there. So are

1773
01:20:20,040 --> 01:20:21,800
Speaker 2: they alone as no one else signed up to this.

1774
01:20:22,760 --> 01:20:25,040
Speaker 16: Well in New Zealand has signed a letter of in

1775
01:20:25,200 --> 01:20:30,920
Speaker 16: Kent as has Quantas and Singapore Airlines. No other airline

1776
01:20:30,920 --> 01:20:33,400
Speaker 16: has even done that. This thing opens in a year.

1777
01:20:33,439 --> 01:20:37,160
Speaker 16: It's being built for the cost of five point three billion.

1778
01:20:37,560 --> 01:20:40,640
Speaker 16: Now in New Zealand's boss of short haul flights, a

1779
01:20:40,720 --> 01:20:44,640
Speaker 16: woman called Lucy Hall, is quoted in an article at

1780
01:20:44,680 --> 01:20:47,800
Speaker 16: the Weekend which reveals it there's no one, unbelievably, no

1781
01:20:47,880 --> 01:20:50,160
Speaker 16: one has actually put their name on a bit of

1782
01:20:50,200 --> 01:20:52,840
Speaker 16: paper and want to fly there. She says, given the

1783
01:20:53,280 --> 01:20:58,639
Speaker 16: number of New Zealanders, particularly Mary's, and also the number

1784
01:20:58,640 --> 01:21:01,600
Speaker 16: of Pacific Islanders living Western Sydney, she thinks it's a

1785
01:21:01,640 --> 01:21:05,120
Speaker 16: good idea and so that would be short all flights

1786
01:21:05,200 --> 01:21:09,439
Speaker 16: out of Wellington, Auckland christ Church into that airport would

1787
01:21:09,439 --> 01:21:13,240
Speaker 16: make it more sensible for people visiting relatives in Western Sydney.

1788
01:21:13,520 --> 01:21:15,160
Speaker 16: But I mean, I'll ask you a question. If you're

1789
01:21:15,200 --> 01:21:18,960
Speaker 16: flying internationally and you decide you want to come to Australia,

1790
01:21:19,960 --> 01:21:22,400
Speaker 16: and you tick a box and you end up flying

1791
01:21:22,479 --> 01:21:26,559
Speaker 16: into the New Sydney International Airport fifty kilometers from the CBCH,

1792
01:21:26,680 --> 01:21:30,559
Speaker 16: I're going to say, as opposed to eight at Kingsford

1793
01:21:30,640 --> 01:21:33,200
Speaker 16: Smith Airport. It's a bit like if you make the

1794
01:21:33,280 --> 01:21:36,240
Speaker 16: mistake flying at Japan and you go to Narrita instead

1795
01:21:36,280 --> 01:21:38,840
Speaker 16: are going to Hanada. I mean, why would you want

1796
01:21:38,880 --> 01:21:42,400
Speaker 16: to land out there. There's no transport infrastructure built into

1797
01:21:42,439 --> 01:21:45,519
Speaker 16: this project, and so you're going to be in an uber.

1798
01:21:46,000 --> 01:21:48,200
Speaker 2: It's like Gatwork and Heathrow. I suppose at the end

1799
01:21:48,200 --> 01:21:49,680
Speaker 2: of the day, isn't it. But I mean, having said that,

1800
01:21:50,120 --> 01:21:53,439
Speaker 2: how many people you reckon like Auckland to Sydney. How

1801
01:21:53,479 --> 01:21:56,080
Speaker 2: many people go, Oh, I wonder which airport I'm landing at?

1802
01:21:56,120 --> 01:21:58,519
Speaker 2: You wouldn't would you just assume you land and suddenly

1803
01:21:58,520 --> 01:22:01,599
Speaker 2: you're stuck out there and drink because I stay at

1804
01:22:01,640 --> 01:22:03,800
Speaker 2: the Park Height in Sydney, of.

1805
01:22:03,920 --> 01:22:08,519
Speaker 16: Course you do. What would I think it would be anywhere?

1806
01:22:08,800 --> 01:22:11,840
Speaker 2: What what's the cab fare from the new airport to

1807
01:22:11,880 --> 01:22:13,280
Speaker 2: the Park Height down at the Rocks?

1808
01:22:14,040 --> 01:22:17,360
Speaker 16: Probably a matter as much as the dollars a night

1809
01:22:17,479 --> 01:22:18,479
Speaker 16: room that you're living.

1810
01:22:19,000 --> 01:22:22,760
Speaker 2: Ye okay, and that's open when literally next year or

1811
01:22:22,920 --> 01:22:23,320
Speaker 2: we don't know.

1812
01:22:23,560 --> 01:22:23,680
Speaker 15: Ye.

1813
01:22:24,360 --> 01:22:27,400
Speaker 16: Well, this price at the weekend was pinned because it's

1814
01:22:27,439 --> 01:22:31,200
Speaker 16: a one year anovers until it actually opens. It's going

1815
01:22:31,280 --> 01:22:32,920
Speaker 16: to be very interesting to see what happens.

1816
01:22:32,680 --> 01:22:35,840
Speaker 2: Right see Wednesday appreciated seatprice out of Australia. Australia Banaber

1817
01:22:35,880 --> 01:22:38,840
Speaker 2: two signed a deal over the weekend two three undred

1818
01:22:38,840 --> 01:22:41,360
Speaker 2: and twenty eight million dollars economic tized ten year deal

1819
01:22:41,920 --> 01:22:44,639
Speaker 2: strengthening security is quite a bit going on, and you'll

1820
01:22:44,680 --> 01:22:46,639
Speaker 2: know how Prime. It's not that it got much coverage.

1821
01:22:46,640 --> 01:22:47,920
Speaker 2: You was up in P and G a week or

1822
01:22:47,960 --> 01:22:51,680
Speaker 2: so back. That was what they would loosely call soft diplomacy,

1823
01:22:51,760 --> 01:22:53,519
Speaker 2: of course, because we got the ongoing problems with the Cooks.

1824
01:22:53,560 --> 01:22:55,479
Speaker 2: But Australia signed with Banova two three hundred and twenty

1825
01:22:55,560 --> 01:22:58,760
Speaker 2: eight million over a ten year deal. It's called the

1826
01:22:59,080 --> 01:23:04,439
Speaker 2: Knackamal Agreement. Took months of negotiations, transforms Australia's relationship with

1827
01:23:04,520 --> 01:23:09,600
Speaker 2: the Pacific Islands. Apparently we are family. Officially signed in September,

1828
01:23:11,000 --> 01:23:13,479
Speaker 2: so a lot of interest in that particular part of

1829
01:23:13,479 --> 01:23:15,280
Speaker 2: the world for fairly obvious reasons. At the moment eight

1830
01:23:15,360 --> 01:23:16,000
Speaker 2: forty five.

1831
01:23:17,320 --> 01:23:21,719
Speaker 1: The like Asking Breakfast Full Show podcast on iHeartRadio, Howard

1832
01:23:21,760 --> 01:23:22,719
Speaker 1: By News talks.

1833
01:23:22,520 --> 01:23:25,280
Speaker 2: At b Ah Mike. I wonder if the difference between

1834
01:23:25,360 --> 01:23:27,599
Speaker 2: Luxon and Elbows simply comes down to the media support

1835
01:23:27,720 --> 01:23:30,479
Speaker 2: lack thereof. You can only imagine the ABC gashing over elbows,

1836
01:23:30,520 --> 01:23:34,200
Speaker 2: progressive policies, et cetera. Yes and no. I mean there's

1837
01:23:34,240 --> 01:23:36,439
Speaker 2: no question that labor government and in this country got

1838
01:23:36,479 --> 01:23:38,920
Speaker 2: an easier run under the media. And there's no question

1839
01:23:39,040 --> 01:23:41,280
Speaker 2: that you know, but at the end of the day,

1840
01:23:41,640 --> 01:23:44,400
Speaker 2: you'd like to think that people can make up their

1841
01:23:44,400 --> 01:23:47,280
Speaker 2: own mind no matter what the media is saying, runs

1842
01:23:47,360 --> 01:23:49,439
Speaker 2: on the board and facts and all that sort of stuff.

1843
01:23:49,439 --> 01:23:51,519
Speaker 2: But you might have a point. I note, interestingly I

1844
01:23:51,600 --> 01:23:53,519
Speaker 2: read over the way there's quite a lot of stuff

1845
01:23:53,520 --> 01:23:55,680
Speaker 2: around at the moment about travel, and people are not

1846
01:23:55,840 --> 01:23:58,680
Speaker 2: going to America the way they used to. There's a

1847
01:23:58,760 --> 01:24:02,639
Speaker 2: material drop off. Interestingly enough, a lot of Canadians, perhaps

1848
01:24:02,720 --> 01:24:06,720
Speaker 2: not surprisingly, are not going to America anymore, but the

1849
01:24:06,800 --> 01:24:09,000
Speaker 2: Mexicans are. There's a huge increase of Mexicans going to

1850
01:24:09,040 --> 01:24:12,680
Speaker 2: America for holidays, whereas it's so they've sort of counterbalanced

1851
01:24:12,720 --> 01:24:15,479
Speaker 2: each other. But Asia seems to be a real issue.

1852
01:24:15,640 --> 01:24:17,479
Speaker 2: And I don't even know if the Americans know, will

1853
01:24:17,520 --> 01:24:19,599
Speaker 2: care about any of this. But Japan, China and Vietnam

1854
01:24:20,200 --> 01:24:22,720
Speaker 2: are very hot for Australians right now in terms of

1855
01:24:22,760 --> 01:24:24,720
Speaker 2: the States that they don't want to go to the

1856
01:24:24,760 --> 01:24:30,120
Speaker 2: States anymore. It's too problematic, they worry, probably not realistically.

1857
01:24:30,120 --> 01:24:31,920
Speaker 2: I mean, what's the chance of you turning up a

1858
01:24:32,280 --> 01:24:35,200
Speaker 2: lax and somebody from Ice comes and goes and throws

1859
01:24:35,240 --> 01:24:36,840
Speaker 2: you in a room and you're not seen for several weeks.

1860
01:24:36,880 --> 01:24:38,960
Speaker 2: I mean the chance of that happens about zero. But nevertheless,

1861
01:24:39,240 --> 01:24:41,880
Speaker 2: it's the vibe, isn't it anyway? So we're off to Japan, China,

1862
01:24:41,960 --> 01:24:45,680
Speaker 2: and Vietnam. Indonesia is the other one, huge growth one

1863
01:24:45,720 --> 01:24:49,680
Speaker 2: point seven million Australians most popular obaseas destination these days

1864
01:24:49,720 --> 01:24:54,040
Speaker 2: Indonesia read bali basically and five percent. This was the

1865
01:24:54,120 --> 01:24:56,200
Speaker 2: other interesting thing that said a five to ten percent

1866
01:24:56,360 --> 01:25:02,120
Speaker 2: shift in currency doesn't really change people's intentions, which I

1867
01:25:02,720 --> 01:25:05,639
Speaker 2: found moderately surprising, because five to ten percent is a lot.

1868
01:25:06,400 --> 01:25:09,320
Speaker 2: If you're dealing with you think about transferring your New

1869
01:25:09,439 --> 01:25:13,920
Speaker 2: Zealand dollar to forty four p. I mean, it's pathetic

1870
01:25:14,800 --> 01:25:18,160
Speaker 2: or fifty five or fifty six US literally harving your

1871
01:25:18,200 --> 01:25:21,600
Speaker 2: money to go to America. Why would you bother? And

1872
01:25:21,760 --> 01:25:23,800
Speaker 2: the yen at the moment it won't be quite the

1873
01:25:23,840 --> 01:25:26,160
Speaker 2: same for US, but the yen for Australians at the

1874
01:25:26,200 --> 01:25:28,439
Speaker 2: moment is dollar for yen. In other words, it's like

1875
01:25:28,640 --> 01:25:32,000
Speaker 2: it's parity, and it hasn't reached parity since twenty fourteen.

1876
01:25:32,120 --> 01:25:34,840
Speaker 2: And traditionally, of course, Japan's been seen as a fairly

1877
01:25:34,880 --> 01:25:37,920
Speaker 2: expensive sort of country, and that's partially because of the end,

1878
01:25:37,920 --> 01:25:40,360
Speaker 2: but also because Japan is an expensive country, but all

1879
01:25:40,400 --> 01:25:42,840
Speaker 2: of a sudden dollar for dollar, and it hasn't been

1880
01:25:42,880 --> 01:25:45,040
Speaker 2: that way since twenty fourteen. You're off and running, aren't you.

1881
01:25:45,120 --> 01:25:46,400
Speaker 2: So there's agin It's all.

1882
01:25:46,320 --> 01:25:48,320
Speaker 8: Relative, isn't it? Like it depends on what you're buying

1883
01:25:48,320 --> 01:25:50,280
Speaker 8: when you're on holiday. I mean some of us are

1884
01:25:50,320 --> 01:25:53,040
Speaker 8: just buying a bear, So yeah, if the bear is

1885
01:25:53,080 --> 01:25:55,640
Speaker 8: five percent more expensive, big deal. Some of us, on

1886
01:25:55,680 --> 01:25:59,400
Speaker 8: the other hand, by the King's Shoes, I mentioned that

1887
01:25:59,479 --> 01:26:01,360
Speaker 8: the margin is a little bit more significant.

1888
01:26:02,840 --> 01:26:05,080
Speaker 2: Thanks for that. Nine minutes away from nine.

1889
01:26:06,360 --> 01:26:09,960
Speaker 3: The make Asking Breakfast with Bailey's real Estate news dogs.

1890
01:26:09,960 --> 01:26:12,280
Speaker 2: There'd be like the Labour Party's union minions appear to

1891
01:26:12,320 --> 01:26:14,600
Speaker 2: be coordinating and ramping up directions against the government and

1892
01:26:14,640 --> 01:26:20,320
Speaker 2: widest citizenry. Yeah, I saw some of them. They're off

1893
01:26:20,360 --> 01:26:22,920
Speaker 2: to the United Nations the other day. There's the Maryland

1894
01:26:22,960 --> 01:26:24,800
Speaker 2: wearing thing where they wander around the country. The people

1895
01:26:24,840 --> 01:26:27,880
Speaker 2: what are they calling it? The People Select Committee? Another

1896
01:26:27,960 --> 01:26:29,960
Speaker 2: group of them, the pay equity thing. They're wandering after

1897
01:26:30,000 --> 01:26:32,120
Speaker 2: the UN. What is it you think that the UN

1898
01:26:32,200 --> 01:26:35,760
Speaker 2: are going to do? Honestly, when you look at the

1899
01:26:35,920 --> 01:26:38,280
Speaker 2: United Nations. Say whatever you want about the United Nations.

1900
01:26:38,320 --> 01:26:40,120
Speaker 2: I'm know a particular fan of the United Nations. It's

1901
01:26:40,120 --> 01:26:43,800
Speaker 2: a pointless exercise. I mean it was back back in

1902
01:26:43,880 --> 01:26:46,040
Speaker 2: the forties whenever it was it was like, yeah, fair enough,

1903
01:26:46,200 --> 01:26:49,280
Speaker 2: I get it, I understand it. But it's proved over

1904
01:26:49,320 --> 01:26:51,920
Speaker 2: the decades to be little short of a complete waste

1905
01:26:51,960 --> 01:26:54,639
Speaker 2: of time. As long as you've got the permanent members

1906
01:26:54,680 --> 01:26:58,240
Speaker 2: of the Security councilor one one veto vote, nothing gets done.

1907
01:26:58,640 --> 01:27:00,799
Speaker 2: So what do you think that going to the United

1908
01:27:00,880 --> 01:27:03,400
Speaker 2: Nations in New York with your pay equity claim from

1909
01:27:03,479 --> 01:27:05,320
Speaker 2: New Zealand is some What are they going to do

1910
01:27:05,720 --> 01:27:08,439
Speaker 2: apart from nothing? What was the other thing that's happening.

1911
01:27:08,680 --> 01:27:11,639
Speaker 2: There's five unions taking the government to court over pay

1912
01:27:11,680 --> 01:27:14,840
Speaker 2: equity as well. What's going to happen without nothing? How

1913
01:27:14,920 --> 01:27:18,080
Speaker 2: much money? If you're a member of the union and

1914
01:27:18,320 --> 01:27:20,880
Speaker 2: you pay your subs to the unions each year and

1915
01:27:21,080 --> 01:27:23,160
Speaker 2: the next thing you know, they're hiring yet more lawyers

1916
01:27:23,200 --> 01:27:26,000
Speaker 2: to go to a court to achieve nothing. Are you

1917
01:27:26,080 --> 01:27:28,799
Speaker 2: happy with that? Is that what you wanted your subs

1918
01:27:28,880 --> 01:27:31,680
Speaker 2: to go for? Is that something that you're thinking to yourself, Oh,

1919
01:27:32,400 --> 01:27:36,080
Speaker 2: thank goodness, I gave the union that money. Weirdest business

1920
01:27:36,120 --> 01:27:37,360
Speaker 2: five minutes away from nine.

1921
01:27:37,600 --> 01:27:42,680
Speaker 3: Trending now with chemist wareuse savings every day.

1922
01:27:42,840 --> 01:27:45,960
Speaker 2: Right now, I'm being told Superman's going viral. So before

1923
01:27:46,000 --> 01:27:48,040
Speaker 2: it hits streaming, it's been at the movies. This is

1924
01:27:48,120 --> 01:27:51,679
Speaker 2: DC Studios. They put out this speech onto social media

1925
01:27:51,760 --> 01:27:54,200
Speaker 2: this morning. Now, if you've seen the movie, you'll know

1926
01:27:54,320 --> 01:27:58,519
Speaker 2: what the speech is. But nevertheless, there are thirty five

1927
01:27:58,680 --> 01:28:01,479
Speaker 2: million people out there who have clicked on this this morning,

1928
01:28:01,640 --> 01:28:03,479
Speaker 2: and so it's it's viral.

1929
01:28:03,880 --> 01:28:04,040
Speaker 13: Now.

1930
01:28:05,160 --> 01:28:08,640
Speaker 2: James Gunn, who's James Gunn? See the director, right, So

1931
01:28:08,840 --> 01:28:11,439
Speaker 2: James Gunn tweets about the fact that Superman was an

1932
01:28:11,439 --> 01:28:15,240
Speaker 2: alien who has showed kindness. So that was thought that

1933
01:28:15,320 --> 01:28:19,240
Speaker 2: that was a political statement. So the speech and the

1934
01:28:19,320 --> 01:28:22,160
Speaker 2: fact that was even in the movie drew praise and

1935
01:28:22,439 --> 01:28:24,799
Speaker 2: criticism from both sides of the divide.

1936
01:28:25,640 --> 01:28:26,840
Speaker 3: Alien.

1937
01:28:28,120 --> 01:28:30,400
Speaker 24: That is where you've always been wrong about me. What

1938
01:28:31,800 --> 01:28:33,120
Speaker 24: I'm as human as anyone.

1939
01:28:33,640 --> 01:28:34,120
Speaker 13: I love.

1940
01:28:34,680 --> 01:28:37,920
Speaker 24: I get scared. I wake up every morning and despite

1941
01:28:38,040 --> 01:28:39,960
Speaker 24: not knowing what to do, I put one foot in

1942
01:28:40,000 --> 01:28:41,720
Speaker 24: front of the other and I try to make the

1943
01:28:41,760 --> 01:28:44,439
Speaker 24: best choices I can. I screw up all the time,

1944
01:28:45,160 --> 01:28:49,639
Speaker 24: but that is being human and that's my greatest strength

1945
01:28:52,160 --> 01:28:57,840
Speaker 24: and someday I hope for the sake of the world, Zeta.

1946
01:29:00,080 --> 01:29:04,240
Speaker 2: That was shocking is that in them mooviy.

1947
01:29:04,040 --> 01:29:06,519
Speaker 8: I disappointed that the dog wasn't in there anywhere, because

1948
01:29:06,520 --> 01:29:07,519
Speaker 8: I seem to love the dog.

1949
01:29:07,720 --> 01:29:11,720
Speaker 2: You've seen Conclave? Yeah, were you shocked at the end?

1950
01:29:12,800 --> 01:29:12,840
Speaker 15: No?

1951
01:29:13,400 --> 01:29:14,960
Speaker 2: Was it the stupidest ending in it?

1952
01:29:15,840 --> 01:29:17,120
Speaker 8: Well, it was quite a stupid movie.

1953
01:29:17,400 --> 01:29:20,200
Speaker 2: Yeah, but what was it made even more stupid by

1954
01:29:20,240 --> 01:29:24,160
Speaker 2: the stupid ending. I don't know where I've been. I

1955
01:29:24,280 --> 01:29:25,719
Speaker 2: got to the end of that. We watched it because

1956
01:29:25,720 --> 01:29:30,240
Speaker 2: it was raining anyway, it was this. No, I'm just saying,

1957
01:29:30,439 --> 01:29:32,840
Speaker 2: if you haven't seen it, I don't know why that

1958
01:29:33,120 --> 01:29:36,280
Speaker 2: ending hasn't been like headlines around the world is the

1959
01:29:36,680 --> 01:29:40,000
Speaker 2: stupidest thing. It was already a bad movie with a

1960
01:29:40,080 --> 01:29:43,400
Speaker 2: very good cast. I thought, good cast, beautifully shot because

1961
01:29:43,400 --> 01:29:47,880
Speaker 2: of eatic and all that systuff. You just I mean, God, Anyway,

1962
01:29:48,320 --> 01:29:50,400
Speaker 2: back tomorrow, Happy Days.

1963
01:29:52,760 --> 01:29:55,640
Speaker 1: For more from the Mi Casking Breakfast, listen live to

1964
01:29:55,800 --> 01:29:58,479
Speaker 1: news talks. It'd be from six am week days, or

1965
01:29:58,560 --> 01:30:00,400
Speaker 1: follow the podcast on I Radio.