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Speaker 1: Your trusted source for news and fuse the mic Hosking

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Speaker 1: breakfast with the range Rover vi La designed to intrigue,

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Speaker 1: can use togs.

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Speaker 2: Dead, be Welling and Welcome today fifty basis points. But

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Speaker 2: the magic's in the commentary, and the commentary ain't great.

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Speaker 2: Stephen Joyce in the Reserve Bank, both in the smalling

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Speaker 2: Russian Ravendra he warms up ahead of today's first ball.

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Speaker 2: Casey Costello and her big push to have everyone quit

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Speaker 2: smoking by next year. Mitch James, they tell me he's

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Speaker 2: retiring from music. What's going on here is in the

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Speaker 2: studio for what might well will be his final song ever,

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Speaker 2: Casine Fields and France Rod Little. He does the British

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Speaker 2: thing for us as well. Hosky. Welcome to Thursday, coming

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Speaker 2: up at minutes past six. Do read the piece in

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Speaker 2: the Herald this week that details the potential for a

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Speaker 2: four year term. I started alluding to this yesterday. It's

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Speaker 2: worth reading because it's not as much about a four

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Speaker 2: year term as it is about the two ideas that

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Speaker 2: may well get enacted this term as part of the

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Speaker 2: Coalition agreement. The more complex one is idea X idea

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Speaker 2: to flip the script on select committees and essentially drivers

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Speaker 2: towards a more active process in which the whip has

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Speaker 2: not used the way it is now i e. Everyone

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Speaker 2: in a party has to vote the same way. The

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Speaker 2: detail is fascinating of not a little complex, and my

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Speaker 2: guess is it won't see the light of day. Also

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Speaker 2: in there is the New Zealand first idea of a

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Speaker 2: vote on a four year term. Am I guess on

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Speaker 2: that is it won't see the light of day either.

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Speaker 2: Now the piece in the Herald ends with the last

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Speaker 2: survey on the matter. Sixty one percent of us thought

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Speaker 2: a four year term was good. But that was back

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Speaker 2: in twenty twenty. And what had we done in twenty

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Speaker 2: twenty people, well, labor fifty percent in the election. That's right,

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Speaker 2: we all went mental. Which is not to say that

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Speaker 2: a four year term isn't a half decent idea, but

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Speaker 2: the possibility comes at the worst time, off the back

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Speaker 2: of one of the worst governments in living memory. Labour

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Speaker 2: twenty twenty through twenty twenty three destroyed a lot of things.

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Speaker 2: One of them I suspect is the idea that we

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Speaker 2: want more useless people doing more useless things for longer.

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Speaker 2: There is logic on the flip side, I mean the

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Speaker 2: early key years, for example, the Rockstar economy years. Put

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Speaker 2: a vote in then might well have got across the line.

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Speaker 2: But like a lot of these big changes, the simple

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Speaker 2: truth is there is no right and there is no wrong.

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Speaker 2: A good government deserves longer, a poor one doesn't. But

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Speaker 2: part of the idea of having a more flexible mechanism

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Speaker 2: whereby you aren't frog marched into your voter as an MP,

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Speaker 2: that's not a bad one. Not everyone or not everything

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Speaker 2: your party does is right. You don't believe it at all,

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Speaker 2: lock stock and barrel. What's wrong with a bit of

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Speaker 2: NW once? What's wrong with giving the other guys a

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Speaker 2: bit more influenced to test the mettal of the government.

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Speaker 2: It may well lead to a slowing down of the business,

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Speaker 2: I guess, but sometimes that's not all bad. But as

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Speaker 2: for a binding vote on a four year term, answer

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Speaker 2: me this, what if the turnout was low and the

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Speaker 2: result was close given its binding right, sixty percent of

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Speaker 2: people turn out and it's passed by fifty point zero

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Speaker 2: one percent of the population, so barely thirty percent of

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Speaker 2: the country change the place dramatically. Is that democracy? Or

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Speaker 2: is that a mistake?

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Speaker 1: Who news of the world in ninety seconds.

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Speaker 2: But the war, well one of the wars. That cease

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Speaker 2: fire between Israel and Lebanon's underway, but will it hold.

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Speaker 3: We will adhere to the agreement, but we will also enforcement.

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Speaker 2: The key is enforcement.

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Speaker 3: That's where these agreements have fallen in the past.

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Speaker 2: Enforcement.

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Speaker 3: We will respond forcefully to any violation.

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Speaker 2: Israelis a mixed an.

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Speaker 4: I'm against this agreement.

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Speaker 1: Give us another month.

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Speaker 5: We will emerge victorious.

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Speaker 6: I think it's good if the ceasefire later brings a

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Speaker 6: return of hostages.

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Speaker 7: This is only temporary, that's all. It will repeat itself.

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Speaker 2: Lebanese Prime Minister, perhaps slightly over optimistic.

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Speaker 8: Today begins the thousand mile Roads to reconstruct what was

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Speaker 8: destroyed and to continue to strengthen the role of the

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Speaker 8: legitimate institutions, led by the military, who we place great

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Speaker 8: hopes in to enforce authority over the country.

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Speaker 2: Even though this was led by the Americans. Of course,

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Speaker 2: Sakiya needed a word.

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Speaker 7: The ceasefire announced in Lebanon is long overdue, but it

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Speaker 7: demonstrates that diplomacy can succeed even in the most challenging

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Speaker 7: of circumstances.

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Speaker 2: Actually, while we're in the Commons, that looks like the

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Speaker 2: new government might fold a bit on the EV push

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Speaker 2: out and listen and BMW and Lotus and just about

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Speaker 2: every other manufacturer told them no one wants evs.

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Speaker 9: We're looking at the finds that we would inherit from

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Speaker 9: the previous government that would be applied to businesses, including

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Speaker 9: car manufacturers here in Britain for not selling a high

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Speaker 9: enough proportion of electorate vehicles who want to get that

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Speaker 9: balance right.

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Speaker 2: And then stateside kiss who we found you.

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Speaker 10: Have the same power that you did before November fifth,

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Speaker 10: and you have the same purpose that you did, and

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Speaker 10: you have the same ability to engage and inspire.

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Speaker 2: Finally, I'm super glad I didn't pull the treaser on

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Speaker 2: one of those Trump guitars. We got trouble. Gibson have

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Speaker 2: issue to see some desist order to the company behind

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Speaker 2: the guitars, company called sixteen created. They say it infringes

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Speaker 2: on the exclusive Gibson trademarks, particularly the famed leaves for

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Speaker 2: body shape. Now, you don't mess with these people when

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Speaker 2: they lawyer up dispute against Dean Guitars that started outside

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Speaker 2: Caught back in the fifties and whose first trial used

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Speaker 2: evidence from other three decades that's now heading for retrial

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Speaker 2: all these years later. By the way, the American Eagle

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Speaker 2: Electrics sold out. The American Egle Acoustic can get for

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Speaker 2: twelve hundred and fifty Or if you want to sign one,

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Speaker 2: Trump signs at two hundred and fifty US, which is

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Speaker 2: seventeen thousand, three hundred dollars on this morning's exchange, right

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Speaker 2: with the US dollar. And here's the world in nineteen

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Speaker 2: speaking of the US dollar, the PCE inflation. I'll get

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Speaker 2: Greg to work you through. That could be bad, It

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Speaker 2: could be good, could be bad. Australia two point one.

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Speaker 2: Their inflation number was out, although the non tradable at

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Speaker 2: three point five. They seemed to think they've got it

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Speaker 2: under control. Thirteen past six.

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

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Speaker 1: by News Talks.

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Speaker 2: I'd be trying to find something in China that looks good.

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Speaker 2: But yesterday's industrial profits weren't It down ten percent on

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Speaker 2: October twenty seven percent in September. Steep has decrease since

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Speaker 2: March of twenty two. So they've still got problems, and

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Speaker 2: they've got problems. We got problems. Fifteen past six. The

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Speaker 2: problems not very kind, specifically morning, how are you great?

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Speaker 2: Thanks mate, but fifty points not seventy five. And I

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Speaker 2: thought it was interesting when all Seidi really didn't even

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Speaker 2: consider seventy five or indeed twenty five.

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Speaker 11: Yeah, it was interesting, particularly given listening to the commentary

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Speaker 11: looking at the forecast and you talk about problems, you know,

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Speaker 11: we've got them in spades, sort of acknowledged that. So

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Speaker 11: that was all pretty pretty interesting. Yeah, has highlighted the

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Speaker 11: economic challenges we're facing. Obviously, we went with the fifty bits,

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Speaker 11: which was which was favored, but you know, the track

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Speaker 11: for the OCR is lower, so they see that getting

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Speaker 11: to three point five to five percent by twenty twenty five.

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Speaker 11: In addition, I think what market's also like was it

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Speaker 11: looks like we're going to get another fifty at the

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Speaker 11: feed me meeting. So this highlights of challenges. I mean,

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Speaker 11: the unemployment rate that was revised down to five point

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Speaker 11: two percent from five point four in terms of the peak,

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Speaker 11: but you look at GDP FORCUS, so they've actually been lowered.

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Speaker 11: So December quarter was revised up slightly two point three percent,

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Speaker 11: but you know, let's look at the long term out

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Speaker 11: to December twenty twenty five. We're looking at two point

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Speaker 11: three percent now. Their previous forecasts in August was three

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Speaker 11: point three percent, so things have got a lot work

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Speaker 11: so you do have to wonder. And then we look

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Speaker 11: at the inflation side. Yeah, they're comfortable it's going to

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Speaker 11: be around about two percent. They see tradables or the

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Speaker 11: offshore driven inflation is increasing. I'm just not sure about that.

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Speaker 11: I mean, even agent Or acknowledged themselves that yes, we've

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Speaker 11: got Terriff's pension on the way from Trump, but it

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Speaker 11: actually could divert a whole bunch of cheaper Chinese goods

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Speaker 11: to New Zealand actually might be deflationary. So I thought

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Speaker 11: that was quite interesting. And oil's a bit of a

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Speaker 11: wild conom and that could go up as easy as

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Speaker 11: it goes down.

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Speaker 12: So they see.

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Speaker 11: Domestically driven inflation going up. Not so sure about that

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Speaker 11: as well. The pressures we're facing pretty much everywhere apart

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Speaker 11: from the dairy industry, so we have to see on

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Speaker 11: that and there's just a lot of uncertainty. So I

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Speaker 11: think that was acknowledged by a journal and how the

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Speaker 11: economy is going to respond to rate cuts. They gave

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Speaker 11: a really wide range for the neutual ocr of two

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Speaker 11: point five to two three point five percent, So you

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Speaker 11: take the midpoint of three percent, that's neither stimulating or

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Speaker 11: constricting the economy. So it still means we're in line

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Speaker 11: for another one hundred and twenty five basis points of

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Speaker 11: rate cuts. So Mark, it's like that Borrows also like

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Speaker 11: the fact that most banks have passed on the rate

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Speaker 11: cut fully. But really interesting as well the press conference

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Speaker 11: might that he made multiple mentions of the fact they

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Speaker 11: don't go on complete holiday till in the February. So yeah,

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Speaker 11: I thought that was very talent.

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Speaker 2: So he's got to take He said, we've got a

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Speaker 2: telephone and we can we can hustle anytime we like,

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Speaker 2: and we hustled during COVID. Now the PC did we

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Speaker 2: freak out over that or not?

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Speaker 11: Yeah, so not too much, I mean, but basically the

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Speaker 11: Fed minutes sort of said that that, you know, unlike us,

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Speaker 11: they're going to sort of step back on the pace

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Speaker 11: of rakecats. Obviously they did fifty, then they did twenty five,

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Speaker 11: and then going to take a bit more gradual approach.

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Speaker 11: So they acknowledged that inflation is above their two percent goal,

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Speaker 11: and it was confirmed by these inflation numbers overnight. So

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Speaker 11: the percal consumption expenses and exit was that point two

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Speaker 11: percent in October two point three sent on anualized basis.

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Speaker 11: That was in line with expectation, as was the core measure,

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Speaker 11: which they also look at and said it was two

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Speaker 11: point eight percent. So you've got to think they're probably

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Speaker 11: gonna step back a little bit, and they may even

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Speaker 11: pause in December, where the markets are saying it's the

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Speaker 11: sixty percent probability of another cut. But yeah, we've got problems.

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Speaker 11: Their economy is going much better, which is why you

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Speaker 11: don't really want to compare what the FEDS doing with

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Speaker 11: what the abbe en Z should or should not be doing.

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Speaker 11: So the GDP and the September quarter grew two point

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Speaker 11: eight percent. It was in line of estimates consuming the

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Speaker 11: US might do really well growth their three and a

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Speaker 11: half percent. That's actually the biggest rise this year. And

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Speaker 11: I'm probably in bolding of it by a labor market.

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Speaker 11: So separate figure showed initial job as claims they fell

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Speaker 11: last week. They're at historically low levels, so you had

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Speaker 11: a FED could well pause. Interesting from the minutes, they

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Speaker 11: didn't really make much mention about the election. It was

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Speaker 11: only two days before the meeting they did say that

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Speaker 11: conditions were evolving, so they might be a bit of

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Speaker 11: an understatement. Well, I'm sure they'll be watching how Trump's

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Speaker 11: protectionist policies play out. With had a lot of estimates

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Speaker 11: on what taruffs could mean for use inflation, some as

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Speaker 11: saying it's that could as much as one percent, So yeah,

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Speaker 11: is certainly very relevant.

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Speaker 2: Okay, what are the numbers?

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Speaker 11: So you were little are at the close on the

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Speaker 11: US the dowse down point one percent forty four eight

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Speaker 11: one one, s and P five hundred down point five percent,

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Speaker 11: five nine nine four, Nare's deck down one point two percent.

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Speaker 11: They had pretty disappointing numbers from HP and also Dell

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Speaker 11: Footzy up point two percent, the UK eight two seven

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Speaker 11: four Nick down point eight percent, ozzie A six two

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Speaker 11: hundred up point six percent to say. The inflation came

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Speaker 11: in there at two point one percent, INDYT fifty. We

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Speaker 11: loved the RV that was up point eight percent twelve

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Speaker 11: thirteen two one three to say, and gold was at

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Speaker 11: five bucks two thousand and six and sixty four ounce

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Speaker 11: oil was flat sixty eight spots sixty nine and the

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Speaker 11: currency's key is up across the board at one point

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Speaker 11: two percent against the US fifty nine ninety point ninety

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Speaker 11: outst A dollars up point nine percent, and against Stirling

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Speaker 11: we're forty six point five up point two percent.

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Speaker 2: Yeah, have a good day, mate, so you tomorrow. Greg

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Speaker 2: Smith devn Funds Management asking a lot of good retail

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Speaker 2: out in the States this week. Nordstrom, they came in

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Speaker 2: above expectation, Dick's Sporting Goods came in above expectation, Abercrombie

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Speaker 2: and Fitch came in above expectation. I know it. Interestingly,

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Speaker 2: even Zoom is still managing to find more people to

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Speaker 2: pay for Zoom. Their stocks up twenty four percent this year.

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Speaker 2: All I'm telling you is that retail in America is

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Speaker 2: doing nicely. Thank you. Six twenty one here at Newstalk

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Speaker 2: z emb.

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

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Speaker 1: by News TALKSB.

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Speaker 2: Moana two more box office news for you, and it's

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Speaker 2: good too. Moana two. It hits theaters. This is the

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Speaker 2: US and Canada. Yesterday is going to they think generate

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Speaker 2: one twenty to one to fifty million. Mix it with

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Speaker 2: Wicked and Gladiated two. The five day Thanksgiving weekend, which

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Speaker 2: is what they're into now because that's underway now until

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Speaker 2: Monday our time. They reckon it, shoot clear, two hundred

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Speaker 2: million in ticket sales could become the second or third

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Speaker 2: highest Thanksgiving period in cinematic history. So that's encouraging. Not

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Speaker 2: so encouraging as Aston Martin, who yet again have told

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Speaker 2: the world that they're not going to make as much

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Speaker 2: money as they thought they would. It's their second profit

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Speaker 2: warning in two months. They're back raising cash and selling

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Speaker 2: shares and debts and debt toatling ten hundred and ten

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Speaker 2: about four hundred million New Zealand dollars. They've had a

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Speaker 2: problem with a thing called the Valiant, which is unfortunately

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Speaker 2: named car given the Chrysler. And I can tell you

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Speaker 2: the Aston Martin Valiant is a shed load better looking

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Speaker 2: than the Chrysler Valiant. But nevertheless, they've had trouble making

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Speaker 2: some of those. There's not many of them around. They

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Speaker 2: cost a fortune. They're only again a little the behalf

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Speaker 2: of them. But you know, the story of Aston Martin's

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Speaker 2: a fascinating one and it's worth reading. They've been I've

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Speaker 2: lost count but they've been in and out of bankruptcy

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Speaker 2: and liquoridation more times than you can poke a stick

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Speaker 2: at They make the most beautiful cars in the world.

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Speaker 2: They just can't make much money, so I feel bad

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Speaker 2: for them. Six twenty five.

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Speaker 13: Trending Now Twill chemist Wells the home of big brand

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Speaker 13: Fighter Man.

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Speaker 2: Now I'm seeing a movie he's been still as back

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Speaker 2: now he hasn't been seen They called the Mindstream movie

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Speaker 2: since twenty seventeen. New one's called nut Crackers. It's about

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Speaker 2: a bachelor who moves to the country to temporarily look

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Speaker 2: after his sister's four kids after the parents die.

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Speaker 6: I'm as family services with Christmas in three weeks.

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Speaker 14: We have very limited options.

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Speaker 2: Okay, so what does that mean? Just look after them

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Speaker 2: until I can find.

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Speaker 1: Them the foster home.

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Speaker 4: Hey, dude, drunkle Michael, remember me Mom's big brother.

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Speaker 6: I'm here now to look at cap Get you guys

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Speaker 6: hooked up with a family.

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Speaker 8: Come on, Pie, act like normal children.

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Speaker 2: I'm trying to find you a good home. Okay, I'm

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Speaker 2: dealing with.

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Speaker 1: A lot right now.

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Speaker 10: We're talking about four little kids.

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Speaker 6: Who lost their parents.

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Speaker 8: Do you think I looked like it is?

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Speaker 14: Very much so?

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Speaker 15: All right?

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Speaker 2: So what do you want me to teach you? Also

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Speaker 2: stars Linda Cardlan Cardalini, and I looked her up. Scooby

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Speaker 2: Doo dead to me and Daddy's home, so quite the repertoire.

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Speaker 2: It's hout tomorrow on Disney plus one suspects because they've

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Speaker 2: looked at it and decided it's not going anywhere good.

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Speaker 2: RB's projections might don't stack up. What might feel right

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Speaker 2: for the Monetary Policy Committee members doesn't feel right for

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Speaker 2: the rest of the country. Enjoy the three month holiday

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Speaker 2: whilst everyone else struggles through Christmas. Yeah, some of the

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Speaker 2: comments were interesting, and we'll talk to Steven Joyce about

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Speaker 2: it after seven o'clock and the Assistant Governor after seven

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Speaker 2: thirty this morning. Their talk around productivity is fascinating, and

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Speaker 2: that in that it dubtails into the government, and the

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Speaker 2: government are desperately trying to leverage the politics off the

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Speaker 2: so called and proving economy. At the moment, I'm just

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Speaker 2: not convinced the economy is actually improving anyway. More on

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Speaker 2: that later for you.

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

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Speaker 1: mic Hosking Breakfast with Bailey's real Estate, your local experts

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Speaker 1: across residential, commercial, and virural news talks had been.

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Speaker 2: The Lapen case in France. They prosecutors want to stuck

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Speaker 2: in jail and band from public office of course. So

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Speaker 2: we'll get the update chually twenty three minutes away from seven.

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Speaker 2: So we have the first bit of the COVID inquiry

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Speaker 2: done our The government will receive the report later on today.

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Speaker 2: Won't be releasing it though, which is a story in itself.

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Speaker 2: I think outgoing COVID Inquiry chare Tony Blakeley is back

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Speaker 2: with this Tony morning in mindlessness. If this was all

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Speaker 2: there was In other words, there's no part too. Is

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Speaker 2: it comprehensive enough?

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Speaker 6: Absolutely? Our terms of reference abroad and our report. What

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Speaker 6: we've done as we've looked back at what happened, we've

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Speaker 6: looked forward at the lessons, we've made recommendations, and when

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Speaker 6: we look back, we've covered all of all of government

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Speaker 6: decision making, the lockdowns, orders, an MiQ, health system response,

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Speaker 6: economic and social response, vaccination and in particular the use

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Speaker 6: of mandatoriness or compulsion about some of those measures like vaccination,

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Speaker 6: master testing and all that. We've covered pretty much all

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Speaker 6: of it. Phase two will do a little bit of

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Speaker 6: different stuff, which is a declear around vaccine harm. So

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Speaker 6: for example, people having an adverse eventd to vaccines. They'll

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Speaker 6: look more closely at that where that was outside of

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Speaker 6: our terms of reference.

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Speaker 2: So is that necessary or not?

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Speaker 4: Is what necessary?

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Speaker 2: Mote Part two?

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Speaker 6: Well, that's not my decision, mate, now I know that.

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Speaker 2: But if you're telling me that what you've done is

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Speaker 2: the big picture and this is all we need to know,

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Speaker 2: why are we doing Part two? Do you think?

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Speaker 6: Well, that's the government's decision. But what I would say, Mike,

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Speaker 6: is that Grant Ellinglith who's the incoming chair, has been

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Speaker 6: really really good in the handover heaps of integrity, and

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Speaker 6: I reckon it's a bit like the eighty twenty rule.

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Speaker 6: We had a really big job to do and we've

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Speaker 6: probably got eighty percent of everything done on the terms

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Speaker 6: of reference, and there's an extra twenty percent. Sometimes at

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Speaker 6: twenty percent is important. They may find some stuff we

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Speaker 6: haven't found on things like mandates which I'll be looking

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Speaker 6: at and more depth and lockdowns that they'll be looking

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Speaker 6: at and more. But also they'll be looking at the

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Speaker 6: vaccine harm and safety, which for many citizens of our

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Speaker 6: pera own New Zealand is a particularly important issue. And

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Speaker 6: that's good that they're.

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Speaker 2: Doing the mandates and the comments you've made about the mandates.

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Speaker 2: Is that a change of mind on your part or not.

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Speaker 6: Ah, it's an evolution. I think we've all learnt a lot.

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Speaker 6: What I will say at this point is that you know,

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Speaker 6: mandates are sort of a top shelf thing. You should

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Speaker 6: only really be using them when you absolutely have to.

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Speaker 6: And we've got a lot to say about that report.

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Speaker 6: If I can reflect overseas previous Premier Purity New South

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Speaker 6: Wales Conservative government and a valedictory speech who said as

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Speaker 6: one major regrupt was the over use of mandates and compulsion.

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Speaker 6: And I think for a lot of us around the

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Speaker 6: world are learning that those mandates might have gone a

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Speaker 6: bit too far for a bit too long, and it's

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Speaker 6: a very delicate balance and a future pandemic, which is

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Speaker 6: what we're really focused on now. You can't rule out

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Speaker 6: the need for doing mandatory measures because the virus might

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Speaker 6: be two four times as fatal and two or four

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Speaker 6: times infectious and you just need to do everything. However,

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Speaker 6: if we had something like COVID again, I think all

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Speaker 6: of us are saying that if we prepare pet to

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Speaker 6: have better contact tracing them would be less of the

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Speaker 6: mandatory measures like lockdowns and texting man.

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Speaker 2: I reckon hand on the Blakeley's i EU, the Bloomfields,

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Speaker 2: the Bakers, et cetera. Would have had the Gonads to

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Speaker 2: stand up to a zealots like a Dern who was

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Speaker 2: determined to lock us down.

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Speaker 6: I think you're probably going to bit fire there, Mike.

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Speaker 6: Let me rethink about that. So I think that people,

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Speaker 6: both the all of the policy people, the Bloomfields, the academics,

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Speaker 6: the Bakers, and the government viadorens, if you like, everybody

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Speaker 6: was doing the best that they possibly could and making

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Speaker 6: decisions and incredibly complicated and fast moving circumstances going forward.

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Speaker 6: And again the UK Enquiry has made this quite clear,

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Speaker 6: and we speak to as well. It's really really really

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Speaker 6: important to make sure that you have a diversity of

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Speaker 6: advice coming in and that you're very agile and you

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Speaker 6: don't get stuck in your ways. So a key there's

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Speaker 6: two key s words here, scenarios and strategy. So scenarios

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Speaker 6: we need to be thinking about what type of scenarios

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Speaker 6: next pandemic is and investing in preparation for that. And

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Speaker 6: then when the next pandemic coves be constantly thinking about

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Speaker 6: where the thing going to go, what mightn't you take

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Speaker 6: to is a society on board with us and be

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Speaker 6: able to agile adapt. Which comes to the strategy part

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Speaker 6: is that I think a lot of countries learned that

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Speaker 6: you need to really protect that strategy function. So you've

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Speaker 6: got a group that's always looking forward and planning for

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Speaker 6: the next possible steps.

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Speaker 2: Good stuff, Tony, good to talk to. You appreciate it

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Speaker 2: very much. Tony Blakely, outgoing COVID inquiry chair. He will

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Speaker 2: hand it over at two pm this afternoon. My reference

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Speaker 2: earlier to Brooklyn filt and she has said this doesn't

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Speaker 2: get made public now, it will be public at some

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Speaker 2: point after Phase two was underway, which strikes me as Machavelian,

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Speaker 2: which is highly unlikely, highly unusual for the act Party,

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Speaker 2: I would have thought, But that's a question for another day.

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Speaker 2: Eighteen to two ask related matters. There's a localed angles

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Speaker 2: Del Gleish who's in Australia. He's a professor of boncology.

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Speaker 2: He's just visiting Australia as a professor of boncology at

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Speaker 2: London since Georgie's University. He's also in the European Commission

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Speaker 2: Cancer Board. He says Australia's COVID response, which was sort

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Speaker 2: of ours, not as hard, but sort of ours, was

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Speaker 2: appalling madness, disgraceful. US Australia and Canada all overreacted exactly

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Speaker 2: the same way. The only people that got it right

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Speaker 2: long term was Sweden. They didn't have any lockdown mandates,

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Speaker 2: they had no other mandates. The vaccines were for people

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Speaker 2: over seventy. They have the lowest excess death rate in

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Speaker 2: the Western world. Voluntary social distancing, mask wearing, working from home,

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Speaker 2: and avoiding public transport. Eighty percent of the country basically complied.

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Speaker 2: In other words, you trusted the people. He said that

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Speaker 2: was the way to go. And the more water that

437
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Speaker 2: goes under the COVID bridge, I think, the more right

438
00:21:03,560 --> 00:21:05,400
Speaker 2: he looks. Seventeen to two.

439
00:21:06,400 --> 00:21:11,040
Speaker 1: The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered

440
00:21:11,040 --> 00:21:12,080
Speaker 1: by News Talks EPI.

441
00:21:13,080 --> 00:21:14,840
Speaker 2: Back to the Economy Morning, Mike. I'm on the cold

442
00:21:14,880 --> 00:21:16,760
Speaker 2: face owning a retail store, and it can tell you

443
00:21:16,840 --> 00:21:19,560
Speaker 2: we are in recession, big time, no and spending and

444
00:21:20,520 --> 00:21:22,720
Speaker 2: our November will end up worse than July. We serves

445
00:21:22,760 --> 00:21:25,160
Speaker 2: the more high end of the furniture homeword division, even

446
00:21:25,160 --> 00:21:27,359
Speaker 2: the affluent are not spending. They have become used to

447
00:21:27,400 --> 00:21:30,679
Speaker 2: being tight. That's an interesting insight. Nothing will change until

448
00:21:30,680 --> 00:21:33,679
Speaker 2: real estate starts pumping again, Jeremy, I appreciate the insight.

449
00:21:33,720 --> 00:21:35,480
Speaker 2: Step en joy shortly fourteen.

450
00:21:35,200 --> 00:21:39,720
Speaker 13: Two international correspondence with ends and eye insurance. Peace of

451
00:21:39,760 --> 00:21:41,800
Speaker 13: mind for New Zealand business scats.

452
00:21:41,520 --> 00:21:44,280
Speaker 2: Would be a very good morning for you, I think, mate.

453
00:21:44,280 --> 00:21:46,040
Speaker 2: Now just for the details, I take it this is

454
00:21:46,080 --> 00:21:47,760
Speaker 2: judge only and I take it once they do the

455
00:21:47,800 --> 00:21:50,040
Speaker 2: closing today, the judge will wander off and maybe come

456
00:21:50,080 --> 00:21:51,720
Speaker 2: back to us sometime in the future with a verdict.

457
00:21:51,800 --> 00:21:53,440
Speaker 2: Is that how the Lapen thing's going to work.

458
00:21:54,560 --> 00:21:56,520
Speaker 16: Yes, you're gonna have to wait quite some time for

459
00:21:56,600 --> 00:21:59,040
Speaker 16: that verdict though, Mike. Three first of March is when

460
00:21:59,040 --> 00:22:03,320
Speaker 16: we're looking at a verdict for Mariine Lapin and her

461
00:22:03,359 --> 00:22:06,119
Speaker 16: twenty four defendants. That was the last day of the

462
00:22:06,160 --> 00:22:11,359
Speaker 16: trial to Wednesday here in Paris. There's three judges, of

463
00:22:11,400 --> 00:22:14,439
Speaker 16: course on the panel. They've got just a watch of

464
00:22:14,480 --> 00:22:18,200
Speaker 16: documents to go through. What the prosecution asked for, of course,

465
00:22:18,359 --> 00:22:21,440
Speaker 16: was the maximum. Have found guilty, Marie Lapenn could face

466
00:22:21,560 --> 00:22:25,280
Speaker 16: five year prison term, three suspended, plus a five year

467
00:22:25,359 --> 00:22:29,360
Speaker 16: ban on holding public offers, which would be imposed immediately.

468
00:22:29,840 --> 00:22:33,160
Speaker 16: Of course, in a three hour long speech to the

469
00:22:33,280 --> 00:22:37,440
Speaker 16: court today, her defense lawyer said, well, she shouldn't be

470
00:22:37,480 --> 00:22:38,120
Speaker 16: found guilty.

471
00:22:38,280 --> 00:22:39,800
Speaker 3: She was just doing the job.

472
00:22:39,960 --> 00:22:42,800
Speaker 16: She was just helping the parliament to go and said

473
00:22:42,800 --> 00:22:45,720
Speaker 16: that in particular, that five year ban, he said, didn't

474
00:22:45,760 --> 00:22:48,919
Speaker 16: seem to be right, because if you're enforcing it immediately,

475
00:22:49,720 --> 00:22:53,840
Speaker 16: then that doesn't give her time to appeal. Now, of course,

476
00:22:53,960 --> 00:22:56,080
Speaker 16: detractors of Marie La Penn said, well, you know, time

477
00:22:56,080 --> 00:22:58,480
Speaker 16: to appeal that can take years in France. That would

478
00:22:58,520 --> 00:23:00,719
Speaker 16: give her a chance to run, and that twenty twenty

479
00:23:00,720 --> 00:23:04,919
Speaker 16: seven French presidential elections. So we're all now waiting till

480
00:23:04,920 --> 00:23:07,760
Speaker 16: the end of March bike to find out if it's

481
00:23:07,880 --> 00:23:10,960
Speaker 16: all turned bad for Marine Lapan, who spent the last

482
00:23:11,000 --> 00:23:14,960
Speaker 16: ten years attempting to rebrand her party and appear to

483
00:23:15,000 --> 00:23:18,480
Speaker 16: everyone as though she's a respectable political opponent.

484
00:23:18,640 --> 00:23:20,560
Speaker 2: It's very trumpy, and isn't it what happens if she

485
00:23:20,600 --> 00:23:23,560
Speaker 2: gets found guilty, runs and wins. Does she get exonerated

486
00:23:23,600 --> 00:23:25,080
Speaker 2: like Trumplets.

487
00:23:25,400 --> 00:23:26,680
Speaker 10: No, here's the thing.

488
00:23:26,880 --> 00:23:30,439
Speaker 16: If she is, well, let's assume there's not going to

489
00:23:30,440 --> 00:23:33,679
Speaker 16: be a presidential election before next March.

490
00:23:33,760 --> 00:23:34,000
Speaker 2: Mike.

491
00:23:35,040 --> 00:23:38,000
Speaker 16: She if that once that is handed done, if that's

492
00:23:38,040 --> 00:23:40,280
Speaker 16: handed done, that five year ban and that starts immediately,

493
00:23:40,400 --> 00:23:43,719
Speaker 16: she cannot be an MP. She can't do anything, and

494
00:23:44,040 --> 00:23:46,359
Speaker 16: that would have to wait until the appeal process is

495
00:23:46,400 --> 00:23:48,520
Speaker 16: done and dusted, and that would be years.

496
00:23:48,960 --> 00:23:51,840
Speaker 2: I like Alan Months, I like Francois Alone, who said

497
00:23:51,840 --> 00:23:53,280
Speaker 2: he was there of course, when Trump was there the

498
00:23:53,320 --> 00:23:55,520
Speaker 2: first time. He says, Elon Musk is the president. Trump

499
00:23:55,560 --> 00:23:58,160
Speaker 2: just doesn't know it yet. And what the EU should

500
00:23:58,160 --> 00:23:59,840
Speaker 2: do is stick it right up the Americans. They're going

501
00:23:59,920 --> 00:24:02,840
Speaker 2: to come at you with terriss hair. How anxity are

502
00:24:02,840 --> 00:24:03,480
Speaker 2: we about all of this?

503
00:24:04,240 --> 00:24:04,440
Speaker 4: Oh?

504
00:24:04,840 --> 00:24:05,280
Speaker 2: Completely?

505
00:24:05,320 --> 00:24:07,119
Speaker 16: And the other thing you've got to remember about France

506
00:24:07,240 --> 00:24:09,879
Speaker 16: or Land is that, yes, he might have been a

507
00:24:09,880 --> 00:24:11,800
Speaker 16: bit of a failure as a French president, but when

508
00:24:11,800 --> 00:24:15,440
Speaker 16: it came to understanding people like Donald Trump and Vladimir Putin,

509
00:24:15,840 --> 00:24:18,960
Speaker 16: he got it bang on. As well as being president

510
00:24:19,000 --> 00:24:22,159
Speaker 16: of France during part of that first Trump presidency, he

511
00:24:22,240 --> 00:24:26,360
Speaker 16: was also president when Vladimir Putin sent Russian tanks in

512
00:24:26,400 --> 00:24:29,760
Speaker 16: to occupy Crimea in twenty fourteen, so he kind of

513
00:24:29,800 --> 00:24:32,879
Speaker 16: knows what he's talking about. He has come out in

514
00:24:32,920 --> 00:24:36,560
Speaker 16: the speech in London and said that in fact, Iron

515
00:24:36,640 --> 00:24:40,240
Speaker 16: Musk is far more powerful and far more influential in

516
00:24:40,320 --> 00:24:42,160
Speaker 16: Donald Trump's inner circle.

517
00:24:41,840 --> 00:24:42,920
Speaker 2: Than we're made to believe.

518
00:24:43,480 --> 00:24:46,679
Speaker 16: He thinks that he could be vice president, but in

519
00:24:46,760 --> 00:24:49,240
Speaker 16: fact he may well be as powerful as president of

520
00:24:49,280 --> 00:24:52,160
Speaker 16: the US. He also went on to say something which

521
00:24:52,920 --> 00:24:55,440
Speaker 16: we've talked about this before, Mike, everyone else knows it

522
00:24:55,480 --> 00:24:59,480
Speaker 16: is that Donald Trump doesn't believe that the European Union

523
00:24:59,560 --> 00:25:02,439
Speaker 16: is a part that as a political partner, as a

524
00:25:02,480 --> 00:25:05,760
Speaker 16: trading partner, or is it any other type of partner,

525
00:25:06,040 --> 00:25:08,120
Speaker 16: And that really what the EU has got to get

526
00:25:08,119 --> 00:25:10,879
Speaker 16: it back together to do is to be ready with

527
00:25:10,960 --> 00:25:14,240
Speaker 16: those sanctions as soon as it looks as though anything's

528
00:25:14,280 --> 00:25:18,200
Speaker 16: going to affect European businesses doing trade with America.

529
00:25:18,680 --> 00:25:22,520
Speaker 2: How I read, there's a massive steel producer, and I

530
00:25:22,520 --> 00:25:24,760
Speaker 2: mean we all know about Germany. The governor's former partner's

531
00:25:24,760 --> 00:25:26,359
Speaker 2: a mass of steel producer from Germany. It's going to

532
00:25:26,440 --> 00:25:29,320
Speaker 2: lay off the next few years, eleven thousand people. Europe

533
00:25:29,359 --> 00:25:36,040
Speaker 2: seems really troubled at the moment, fiscally, economically, politically, morally social.

534
00:25:36,520 --> 00:25:38,439
Speaker 2: Europe seems a mess. Is it unfair or not?

535
00:25:40,000 --> 00:25:43,200
Speaker 16: I think at this time, it's probably fair to say that, Mike. Yeah,

536
00:25:43,240 --> 00:25:47,680
Speaker 16: it is a mess. We've had not just the Russian

537
00:25:47,760 --> 00:25:52,160
Speaker 16: bear invading Ukraine. You've also got Russia imposing various things,

538
00:25:52,160 --> 00:25:55,000
Speaker 16: such as last weekend first round of the Romanian elections,

539
00:25:55,160 --> 00:25:59,480
Speaker 16: a complete outsider who's favorable to Moscow came through first

540
00:25:59,520 --> 00:26:03,560
Speaker 16: in the elect We've also got that political uncertainty in Germany.

541
00:26:04,160 --> 00:26:08,080
Speaker 16: You've also got countries in the Baltics bit worried. You've

542
00:26:08,119 --> 00:26:11,879
Speaker 16: got now the backlash, the economic backlash of all the

543
00:26:11,880 --> 00:26:15,399
Speaker 16: money that was given out during COVID that's now coming

544
00:26:15,400 --> 00:26:18,120
Speaker 16: home to roost. That You've got so many European countries,

545
00:26:18,280 --> 00:26:21,040
Speaker 16: and you know, France and Germany are among the biggest

546
00:26:21,520 --> 00:26:24,840
Speaker 16: coprits on the spike. They've got huge debts that back

547
00:26:24,960 --> 00:26:29,960
Speaker 16: date to that time when both and Gillimerckle and macarn

548
00:26:30,040 --> 00:26:33,400
Speaker 16: here in France said we will spend what it takes. Well,

549
00:26:33,440 --> 00:26:35,520
Speaker 16: the bills are in now, Mike, and we're having a

550
00:26:35,560 --> 00:26:39,719
Speaker 16: look at bond yields there well. Down people really are

551
00:26:39,840 --> 00:26:43,000
Speaker 16: talking about the possibility that if things go pair shaped

552
00:26:43,119 --> 00:26:46,199
Speaker 16: in France in the next couple of months, then France

553
00:26:46,280 --> 00:26:49,800
Speaker 16: could be looking at a Greek style economic crisis.

554
00:26:50,080 --> 00:26:52,080
Speaker 2: Good, so Catherine go. Well, we'll catch up next with

555
00:26:52,200 --> 00:26:54,720
Speaker 2: Catherine Field in France. Where's this morning? Man Away from.

556
00:26:54,600 --> 00:27:01,120
Speaker 1: Seven, they with the range rover, the last news.

557
00:27:00,119 --> 00:27:02,359
Speaker 2: Mike, thank goodness for Phase two. Why do you say that?

558
00:27:02,800 --> 00:27:04,879
Speaker 2: You say that because you want some sort of retribution,

559
00:27:05,000 --> 00:27:07,480
Speaker 2: don't you You want somebody in phase two to go

560
00:27:07,680 --> 00:27:11,600
Speaker 2: It was their fault. They're no good, they were useless.

561
00:27:11,880 --> 00:27:14,000
Speaker 2: They should be hung, drawn and quarted. And of course

562
00:27:14,040 --> 00:27:16,360
Speaker 2: none of that's going to happen. A bunch of reasonably

563
00:27:16,400 --> 00:27:18,160
Speaker 2: obvious points are going to be made in Phase two

564
00:27:18,200 --> 00:27:20,560
Speaker 2: of the COVID inquiry. But then Phase two of the

565
00:27:20,600 --> 00:27:23,680
Speaker 2: COVID inquiry will join Phase one of the COVID Inquiry,

566
00:27:23,720 --> 00:27:26,880
Speaker 2: probably behind a door somewhere, never to be seen again,

567
00:27:26,920 --> 00:27:30,640
Speaker 2: gathering dust. And as I've said all along, any response

568
00:27:30,680 --> 00:27:34,159
Speaker 2: to a pandemic will be entirely reliant on who the

569
00:27:34,200 --> 00:27:37,240
Speaker 2: people running the country are that day. If they're useless,

570
00:27:37,400 --> 00:27:39,960
Speaker 2: you will get a useless response. If they're half decent,

571
00:27:40,160 --> 00:27:43,080
Speaker 2: you will get a half decent response. Inquiries will mean

572
00:27:43,160 --> 00:27:45,320
Speaker 2: ultimately nothing. Five Away from seven.

573
00:27:46,520 --> 00:27:49,800
Speaker 1: All the ins and the ouse, it's the fizz with

574
00:27:50,040 --> 00:27:53,560
Speaker 1: business Fiber, take your business productivity to the next level.

575
00:27:53,640 --> 00:27:57,320
Speaker 2: So terriffs, as we were referring to Trump, etc. Mexico

576
00:27:57,320 --> 00:27:59,400
Speaker 2: and Canada not just a europe worried. So twenty five

577
00:27:59,400 --> 00:28:01,800
Speaker 2: percent of mix, another ten percent on China. China as

578
00:28:01,800 --> 00:28:03,560
Speaker 2: you get a bunch depending on who you're dealing with,

579
00:28:03,720 --> 00:28:05,200
Speaker 2: what industry you're dealing with there, or you get a

580
00:28:05,200 --> 00:28:07,920
Speaker 2: bunch of towers. Anyway, the car industry, they're worried about

581
00:28:07,960 --> 00:28:10,879
Speaker 2: this Mexico. You see lower cost production. A lot of

582
00:28:10,880 --> 00:28:13,160
Speaker 2: them are in Mexico. They've been there since the nineties.

583
00:28:13,800 --> 00:28:16,760
Speaker 2: The industry itself responsible for twenty six percent of imports

584
00:28:16,800 --> 00:28:20,160
Speaker 2: from Mexico. Almost every major carmaker's got a factory there,

585
00:28:20,320 --> 00:28:23,040
Speaker 2: and they're responsible for twelve percent of imports from Canada.

586
00:28:23,200 --> 00:28:26,080
Speaker 2: So shares of GM they're down nine percent, market closed lost.

587
00:28:26,119 --> 00:28:28,679
Speaker 2: De Lansa shares were down five point seven percent. Ford

588
00:28:28,960 --> 00:28:32,160
Speaker 2: they don't have quite the exposure of Mexico and Canada

589
00:28:32,200 --> 00:28:34,960
Speaker 2: as the others do. They still produce vehicles and both

590
00:28:35,000 --> 00:28:36,760
Speaker 2: though their share prices down two and a half percent

591
00:28:36,760 --> 00:28:38,880
Speaker 2: to weote one hundred and others they're all down three

592
00:28:38,880 --> 00:28:43,760
Speaker 2: percent or less. Beer Constellation brands, Corona, all that stuff,

593
00:28:44,200 --> 00:28:47,000
Speaker 2: that accounts be a beer accounts for eighty six percent

594
00:28:47,000 --> 00:28:49,160
Speaker 2: of their sales, their share prices down three and a

595
00:28:49,160 --> 00:28:52,400
Speaker 2: half percent. They've also been straight up with the customers

596
00:28:52,400 --> 00:28:54,800
Speaker 2: saying if the tariff isn't posed on Mexico, they won't

597
00:28:54,840 --> 00:28:57,120
Speaker 2: be moving production, they will just be charging customers more.

598
00:28:57,320 --> 00:28:59,880
Speaker 2: And that is where the economists prior to the election,

599
00:29:00,080 --> 00:29:03,080
Speaker 2: not that anyone was listening to them, all said that

600
00:29:03,080 --> 00:29:06,280
Speaker 2: Trump is more inflationary than Harris and Biden because the

601
00:29:06,320 --> 00:29:08,640
Speaker 2: moment you put tariffs on. And this is the part

602
00:29:08,680 --> 00:29:13,240
Speaker 2: that the Trump trumper hollocks don't get is if you

603
00:29:13,320 --> 00:29:16,920
Speaker 2: put the tariffs on, you might protect a local industry,

604
00:29:17,160 --> 00:29:19,200
Speaker 2: but all you do is put the price of stuff up.

605
00:29:19,240 --> 00:29:21,080
Speaker 2: And when you put the price of stuff up, people

606
00:29:21,120 --> 00:29:23,200
Speaker 2: spend more of their money on the prices that are

607
00:29:23,200 --> 00:29:27,640
Speaker 2: more expensive than that is inflationary. And at the top

608
00:29:27,720 --> 00:29:29,440
Speaker 2: end of the market, for someone like New Zealand, you

609
00:29:29,480 --> 00:29:32,080
Speaker 2: get a top level bottle of pininir from Central Otago

610
00:29:32,120 --> 00:29:34,040
Speaker 2: and it might be sixty five dollars instead of fifty

611
00:29:34,040 --> 00:29:35,640
Speaker 2: five dollars. But you know, people have got the money.

612
00:29:35,680 --> 00:29:38,160
Speaker 2: They'll pay it, but nevertheless, and they'll enjoy it, but nevertheless,

613
00:29:38,240 --> 00:29:41,440
Speaker 2: it remains inflationary. Speaking of which bring it back home

614
00:29:41,640 --> 00:29:44,240
Speaker 2: are but yesterday Steven Joyce's next.

615
00:29:44,960 --> 00:29:49,120
Speaker 1: You're Trusted Home the News for Entertainment of Opinion and Mike

616
00:29:49,360 --> 00:29:53,680
Speaker 1: the My Hosking Breakfast with a Veta Retirement, Communities, Life

617
00:29:53,840 --> 00:29:55,600
Speaker 1: Your Way News togsad.

618
00:29:55,200 --> 00:29:57,560
Speaker 2: Be seven past seven, so fifty points. It was another

619
00:29:57,600 --> 00:30:00,320
Speaker 2: fifty likely in February. The forecast for growth of a cut,

620
00:30:00,360 --> 00:30:02,240
Speaker 2: more jobs still to be lost and that's the final

621
00:30:02,280 --> 00:30:03,920
Speaker 2: word from the Reserve Bank for the year. Form of

622
00:30:03,960 --> 00:30:07,320
Speaker 2: Finance Minister Stephen Joyce with us very good morning morning.

623
00:30:07,760 --> 00:30:11,640
Speaker 2: Those growth trimmed forecasts some some's not right here. There's

624
00:30:11,640 --> 00:30:13,200
Speaker 2: a lot of cuts, and we're supposed to be fizzing.

625
00:30:13,200 --> 00:30:13,840
Speaker 2: We're not fizzing.

626
00:30:13,840 --> 00:30:19,640
Speaker 4: What's happening takes time, unfortunately. You are seeing some green

627
00:30:19,720 --> 00:30:22,680
Speaker 4: shoots of growth from what I can see in areas

628
00:30:22,800 --> 00:30:28,760
Speaker 4: like commercial property, not residential. You're seeing things. And obviously

629
00:30:28,800 --> 00:30:33,880
Speaker 4: the dairy industry is starting to go quee. Fruit's been solid.

630
00:30:34,720 --> 00:30:39,920
Speaker 4: Tech sector is pretty solid, but big, big employing industries

631
00:30:40,040 --> 00:30:44,000
Speaker 4: like services and retail have been flat as a pancake.

632
00:30:44,560 --> 00:30:48,560
Speaker 4: And of course residential property construction and so on, and

633
00:30:48,640 --> 00:30:50,840
Speaker 4: that's just going to take time. Unfortunately, you know, we're

634
00:30:50,880 --> 00:30:56,720
Speaker 4: dealing with a lot of hangover from our period that

635
00:30:56,800 --> 00:31:01,000
Speaker 4: goes right back to the beginnings of over pandemic. And

636
00:31:01,000 --> 00:31:03,880
Speaker 4: and frankly, I would say a heavy footed governor who

637
00:31:04,680 --> 00:31:08,040
Speaker 4: went really hard early, then went really hard up and

638
00:31:08,160 --> 00:31:09,719
Speaker 4: is now coming out of the way and it's just

639
00:31:10,040 --> 00:31:11,680
Speaker 4: for a lot of balance sheets that's just been too

640
00:31:11,720 --> 00:31:12,240
Speaker 4: bloody hat.

641
00:31:12,440 --> 00:31:15,920
Speaker 2: He admitted that to a degree yesterday, not as much

642
00:31:15,920 --> 00:31:17,640
Speaker 2: as he should have, but he got there. He got

643
00:31:17,680 --> 00:31:19,640
Speaker 2: there in the end. As finance minister, if you were

644
00:31:19,680 --> 00:31:22,560
Speaker 2: finance minister, would have you wanted to have seen seventy five?

645
00:31:22,920 --> 00:31:24,840
Speaker 2: And do you listen to him with confidence?

646
00:31:27,280 --> 00:31:29,400
Speaker 4: Well, if I was finance minister, of course I'd listened

647
00:31:29,400 --> 00:31:31,720
Speaker 4: to him confidence. Who's a Reserve bank governor. But I'm

648
00:31:31,720 --> 00:31:33,800
Speaker 4: not the finance minister's I can listen with a certain

649
00:31:33,800 --> 00:31:39,880
Speaker 4: amount of skeptism. The look, I truly don't think yesterday

650
00:31:40,000 --> 00:31:44,120
Speaker 4: is is sort of much either way. It's point five now.

651
00:31:44,240 --> 00:31:47,400
Speaker 4: Point five in February could have been point seventy five.

652
00:31:47,400 --> 00:31:49,760
Speaker 4: But in some ways that might have spooked more people

653
00:31:49,840 --> 00:31:52,720
Speaker 4: that have actually helped because they would have gone, oh,

654
00:31:52,840 --> 00:31:55,440
Speaker 4: you know, it's even worse than we thought. And the

655
00:31:55,480 --> 00:31:57,280
Speaker 4: real problem we've got right now is a whole lot

656
00:31:57,320 --> 00:31:59,880
Speaker 4: of people aren't spending because they're still not confident that

657
00:32:01,120 --> 00:32:05,680
Speaker 4: the pathway ahead for their businesses is solid enough. It's

658
00:32:05,680 --> 00:32:09,360
Speaker 4: the part of its confidence right now. If he really

659
00:32:09,360 --> 00:32:12,000
Speaker 4: wanted to know, to sort of break them ald a

660
00:32:12,040 --> 00:32:13,960
Speaker 4: little bit, then I would argue they should come should

661
00:32:13,960 --> 00:32:15,560
Speaker 4: have come back three weeks earlier at the end of

662
00:32:15,640 --> 00:32:18,280
Speaker 4: January and done something different there, just to show that

663
00:32:18,360 --> 00:32:21,640
Speaker 4: they were on the case. But I think that it's

664
00:32:21,640 --> 00:32:24,240
Speaker 4: probably not much of a muchness in the overall scheme

665
00:32:24,280 --> 00:32:26,120
Speaker 4: of things. It's going to come right to some degree

666
00:32:26,200 --> 00:32:26,840
Speaker 4: next year.

667
00:32:27,160 --> 00:32:27,240
Speaker 15: But.

668
00:32:30,080 --> 00:32:32,680
Speaker 2: Not not as right as they thought it was. And see,

669
00:32:32,680 --> 00:32:35,000
Speaker 2: here's my consumer with the politics of it all. So

670
00:32:35,080 --> 00:32:37,120
Speaker 2: they Luxing and Co. Put out a press release two

671
00:32:37,120 --> 00:32:39,719
Speaker 2: and a half seconds after Adrian speaks, and it's almost

672
00:32:39,840 --> 00:32:42,440
Speaker 2: like they are now in cahoots, like they're desperately looking

673
00:32:42,480 --> 00:32:45,800
Speaker 2: for Adrian to be right for political purposes so they

674
00:32:45,800 --> 00:32:48,240
Speaker 2: can then go and sell this message to the public.

675
00:32:48,280 --> 00:32:49,600
Speaker 2: And it's just it isn't there.

676
00:32:50,600 --> 00:32:52,720
Speaker 4: Well, we all want Adrian to be right in the

677
00:32:52,800 --> 00:32:55,000
Speaker 4: sense of helping get the economy game, but I think

678
00:32:55,040 --> 00:32:58,000
Speaker 4: probably for the government. It's it's a case of having

679
00:32:58,040 --> 00:33:00,280
Speaker 4: to show even more urgency in some of the things

680
00:33:00,280 --> 00:33:03,520
Speaker 4: that I've been working on, you know, things like the

681
00:33:03,560 --> 00:33:07,360
Speaker 4: electricity market, which has a sting in the tail potentially

682
00:33:07,440 --> 00:33:11,960
Speaker 4: next year early next year, the banking sector where probably

683
00:33:12,720 --> 00:33:15,520
Speaker 4: the Reserve Bank has got off pretty lightly so far

684
00:33:15,720 --> 00:33:19,880
Speaker 4: in that context, and the government has to form some

685
00:33:19,920 --> 00:33:23,360
Speaker 4: strong views but also attracting international investment. Quite a lot

686
00:33:23,400 --> 00:33:25,200
Speaker 4: of talk so far, not to have a lot of action.

687
00:33:26,640 --> 00:33:28,640
Speaker 4: Those things are the sort of things that need to

688
00:33:28,680 --> 00:33:32,560
Speaker 4: move quickly to sort of give more confidence, because it's

689
00:33:32,560 --> 00:33:35,320
Speaker 4: confidence we're looking for in the economy now. And as

690
00:33:35,360 --> 00:33:37,880
Speaker 4: I say, there's some green shoots appearing now, I don't

691
00:33:37,880 --> 00:33:39,640
Speaker 4: want to be too doom and gloom because there are

692
00:33:40,160 --> 00:33:43,120
Speaker 4: you talk to some sectors things are starting to move finally,

693
00:33:43,920 --> 00:33:46,160
Speaker 4: but there's plenty of sectors yet, and some of them

694
00:33:46,200 --> 00:33:48,680
Speaker 4: have had structural changes that are not going to go back.

695
00:33:48,720 --> 00:33:50,920
Speaker 4: So retail has had a structural change with all these

696
00:33:51,280 --> 00:33:53,640
Speaker 4: international websites and so, and it's going to make life

697
00:33:53,640 --> 00:33:57,480
Speaker 4: more difficult. But I think the government's got to show

698
00:33:57,960 --> 00:33:59,920
Speaker 4: probably going to take five minutes off over Christmas and

699
00:34:00,040 --> 00:34:03,320
Speaker 4: then show renewed urgency in the first half of next year,

700
00:34:03,880 --> 00:34:06,960
Speaker 4: and frankly, the governor should be reflecting on just how

701
00:34:07,240 --> 00:34:13,160
Speaker 4: hardy pushed interest rates up, because these things have a

702
00:34:13,239 --> 00:34:16,120
Speaker 4: lag and he just went so hard for so long

703
00:34:16,880 --> 00:34:18,799
Speaker 4: in the same way he went down so hard for

704
00:34:18,880 --> 00:34:21,600
Speaker 4: so long that actually, you know, a lot of people's

705
00:34:21,600 --> 00:34:24,719
Speaker 4: balance sheets are really really weak, and unfortunately that means

706
00:34:24,719 --> 00:34:27,200
Speaker 4: the recovery is slower and longer because they don't have

707
00:34:27,239 --> 00:34:28,160
Speaker 4: the capacity to.

708
00:34:28,120 --> 00:34:30,680
Speaker 2: Invest very well. So it is almost Stephen Joyce, former

709
00:34:30,719 --> 00:34:34,080
Speaker 2: Finance Minister, with us it's eleven minutes past seven. We

710
00:34:34,080 --> 00:34:36,759
Speaker 2: hear a lot of that sentiment in business, and that

711
00:34:36,920 --> 00:34:40,880
Speaker 2: is that this government needs to get some gonads and

712
00:34:40,960 --> 00:34:43,520
Speaker 2: a spine and harden up and make some bigger decisions

713
00:34:43,560 --> 00:34:45,560
Speaker 2: than they currently are. Speaking of which we've got action.

714
00:34:45,600 --> 00:34:48,120
Speaker 2: We've got an action plan of sorts. Given next year

715
00:34:48,120 --> 00:34:49,520
Speaker 2: is supposed to be the year we arrived as a

716
00:34:49,560 --> 00:34:52,040
Speaker 2: smoke free country. So here's what we got yesterday. Get

717
00:34:52,040 --> 00:34:55,319
Speaker 2: smokers to try and quit, give it another try if

718
00:34:55,320 --> 00:34:58,440
Speaker 2: it's previously failed. Improve access to quit smoking providers, provide

719
00:34:58,440 --> 00:35:00,719
Speaker 2: effective services and products. Stop people from smoking in the

720
00:35:00,719 --> 00:35:03,120
Speaker 2: first place. Anyway, that's all the work of Associate Health

721
00:35:03,120 --> 00:35:04,759
Speaker 2: Minister Casey Costello, who's will us good.

722
00:35:04,680 --> 00:35:05,759
Speaker 15: Morning, Good morning mine.

723
00:35:05,800 --> 00:35:08,400
Speaker 2: A very general sense, is there too much reliance in

724
00:35:08,440 --> 00:35:10,760
Speaker 2: this whole smoke free thing? Is there too much reliance

725
00:35:10,800 --> 00:35:13,200
Speaker 2: on the government wiping our bum and solving all our

726
00:35:13,239 --> 00:35:14,680
Speaker 2: problems or not? Do you think?

727
00:35:15,680 --> 00:35:17,600
Speaker 15: I think that's what we've tried to do is step

728
00:35:17,680 --> 00:35:21,799
Speaker 15: it back to some practical application to those who want

729
00:35:21,840 --> 00:35:24,719
Speaker 15: to quit, and informing people of the services that are

730
00:35:24,760 --> 00:35:29,279
Speaker 15: available and leading people rather than the prohibitionist approach that

731
00:35:29,360 --> 00:35:30,040
Speaker 15: we had before.

732
00:35:30,239 --> 00:35:32,399
Speaker 2: Because you're getting killed by the wonks who say you're

733
00:35:32,440 --> 00:35:34,879
Speaker 2: not doing enough. How much more can you do if

734
00:35:34,880 --> 00:35:38,560
Speaker 2: a person wants to smoke? What literally, short of tying

735
00:35:38,600 --> 00:35:40,680
Speaker 2: them up and locking them in a room, can you do?

736
00:35:41,880 --> 00:35:42,040
Speaker 13: Well?

737
00:35:42,040 --> 00:35:44,640
Speaker 15: I think that's the perspective, is that smoke free target

738
00:35:44,760 --> 00:35:48,000
Speaker 15: was always just to get below five percent, recognizing that

739
00:35:48,040 --> 00:35:50,920
Speaker 15: there will always be those that are long term addictive

740
00:35:50,960 --> 00:35:52,960
Speaker 15: smokers that have made their choices and want to but

741
00:35:53,480 --> 00:35:57,200
Speaker 15: about presenting support that those that we think need to

742
00:35:57,320 --> 00:36:00,080
Speaker 15: know there's some opportunity to help if they need it,

743
00:36:00,440 --> 00:36:02,239
Speaker 15: and connecting them with those services.

744
00:36:02,560 --> 00:36:04,680
Speaker 2: And so you would argue, as we sit here this morning,

745
00:36:04,719 --> 00:36:07,080
Speaker 2: if you are a person who wants to look at

746
00:36:07,080 --> 00:36:10,680
Speaker 2: giving up smoking, there is plenty there to help you

747
00:36:10,719 --> 00:36:15,080
Speaker 2: along the way. And you've done what you can absolutely.

748
00:36:14,560 --> 00:36:16,399
Speaker 15: And that was where I focused on and I've said

749
00:36:16,440 --> 00:36:19,399
Speaker 15: all the way along as the frontline workers that are

750
00:36:19,400 --> 00:36:22,960
Speaker 15: delivering quip smoking services, knew what was working, knew what

751
00:36:23,120 --> 00:36:25,480
Speaker 15: needed to be done. And there's a lot of people

752
00:36:25,480 --> 00:36:27,600
Speaker 15: who've tried to quit and just failed and kind of

753
00:36:27,640 --> 00:36:30,799
Speaker 15: given up like they want to, but that's got them

754
00:36:30,800 --> 00:36:33,399
Speaker 15: in their grips. So what we're saying is like there

755
00:36:33,560 --> 00:36:36,719
Speaker 15: is you know, we're going to look at ecommerceon and

756
00:36:37,239 --> 00:36:39,560
Speaker 15: vafing stater kits and things like that. They will give

757
00:36:39,600 --> 00:36:42,480
Speaker 15: them that one more chance to just given another crack,

758
00:36:42,680 --> 00:36:44,640
Speaker 15: and there's real benefits to it.

759
00:36:44,600 --> 00:36:45,120
Speaker 4: If you do it.

760
00:36:45,440 --> 00:36:47,680
Speaker 2: What you did walk away from was what the British

761
00:36:47,719 --> 00:36:49,960
Speaker 2: are doing right now and that is the age limit thing.

762
00:36:50,000 --> 00:36:51,480
Speaker 2: In other words, you will not be able to at

763
00:36:51,480 --> 00:36:54,120
Speaker 2: a certain birth date. Over time, they will solve that problem.

764
00:36:54,120 --> 00:36:56,520
Speaker 2: Do you regret walking away from that? Could that long

765
00:36:56,600 --> 00:36:59,080
Speaker 2: term have been something more effective than what you've actually done?

766
00:37:00,040 --> 00:37:02,719
Speaker 15: And that was what lost in this conversation. You know,

767
00:37:03,080 --> 00:37:06,120
Speaker 15: the Late Health Survey which was measuring up to thirty

768
00:37:06,200 --> 00:37:09,840
Speaker 15: Jane fifteen to seventeen year olds less than one percent smoking,

769
00:37:09,960 --> 00:37:13,080
Speaker 15: under twenty four year olds four point two percent smoking.

770
00:37:13,160 --> 00:37:16,120
Speaker 15: So we already have, through what we've been doing, a

771
00:37:16,239 --> 00:37:21,400
Speaker 15: generation that isn't smoking, and we knew that the whole

772
00:37:21,560 --> 00:37:21,960
Speaker 15: that's true.

773
00:37:22,000 --> 00:37:24,600
Speaker 2: But the number you cite is smoking, not vaping. Vapings

774
00:37:24,600 --> 00:37:26,960
Speaker 2: replaced smoking, as you well know, are we going to

775
00:37:27,000 --> 00:37:28,680
Speaker 2: be talking about this in ten years and having a

776
00:37:28,840 --> 00:37:31,120
Speaker 2: vape free community by twenty thirty five or forty five

777
00:37:31,200 --> 00:37:31,560
Speaker 2: or whatever.

778
00:37:32,120 --> 00:37:34,600
Speaker 15: And this is where this issue's got conflated. You know,

779
00:37:34,640 --> 00:37:38,240
Speaker 15: the Royal College of Positions that vaping is about five

780
00:37:38,320 --> 00:37:42,040
Speaker 15: percent of the level of harm of smoking, considerably less,

781
00:37:42,080 --> 00:37:45,320
Speaker 15: not just a little bit less, considerably less. Yes, nicotine

782
00:37:45,320 --> 00:37:47,400
Speaker 15: addiction is a problem and we need to work through that.

783
00:37:47,920 --> 00:37:50,800
Speaker 15: But from a harm perspective, this thing that was killing

784
00:37:50,960 --> 00:37:55,200
Speaker 15: people at such high rates and such adverse health for pets,

785
00:37:55,640 --> 00:37:58,239
Speaker 15: vaping does not present that level of risk. And that

786
00:37:58,719 --> 00:38:01,040
Speaker 15: was the proportional discussion around risk proportion.

787
00:38:01,400 --> 00:38:03,239
Speaker 2: I followed you with a great deal of interest in

788
00:38:03,239 --> 00:38:05,880
Speaker 2: the house, particularly at question time. You've taken the tremendous

789
00:38:05,880 --> 00:38:08,319
Speaker 2: amount of heat from the opposition how's that been as

790
00:38:08,360 --> 00:38:11,040
Speaker 2: an experience as a new MP slash minister.

791
00:38:12,440 --> 00:38:14,960
Speaker 15: Well, I kind of always liken the house to being

792
00:38:15,120 --> 00:38:17,040
Speaker 15: giving evidence. When you're in the police, you know, you

793
00:38:18,360 --> 00:38:20,719
Speaker 15: know your facts, you stick to your point. You Yes,

794
00:38:20,960 --> 00:38:23,480
Speaker 15: they'll try and rastle you. But I had never done

795
00:38:23,480 --> 00:38:24,680
Speaker 15: anything wrong in this space.

796
00:38:24,760 --> 00:38:25,239
Speaker 6: I knew that.

797
00:38:25,840 --> 00:38:28,760
Speaker 15: And eventually it was disappointing because of all the things

798
00:38:28,800 --> 00:38:31,360
Speaker 15: that are going on and all the portfolios I've got,

799
00:38:31,840 --> 00:38:35,239
Speaker 15: This was just a tiny portion of work and yet

800
00:38:35,320 --> 00:38:37,520
Speaker 15: sort of got you know, I think I got my

801
00:38:37,600 --> 00:38:40,600
Speaker 15: first question that wasn't related to smoking after a year,

802
00:38:41,760 --> 00:38:44,720
Speaker 15: you know, in the house, and I've got custom serious

803
00:38:44,800 --> 00:38:48,440
Speaker 15: organized crime. I've got, you know, all the other health portfolios,

804
00:38:48,480 --> 00:38:51,439
Speaker 15: and this one kind of distracted everybody. But I think

805
00:38:51,640 --> 00:38:53,920
Speaker 15: it's come into a good place and you just navigate the.

806
00:38:53,920 --> 00:38:56,720
Speaker 2: Storm, appreciate time as social your Health Minister Casey Costello

807
00:38:56,800 --> 00:38:57,880
Speaker 2: sixteen past.

808
00:39:00,080 --> 00:39:03,960
Speaker 1: Red first full show podcast on iHeartRadio. Howard by News

809
00:39:04,040 --> 00:39:04,600
Speaker 1: talks that be.

810
00:39:05,840 --> 00:39:08,239
Speaker 2: Sociate Governor Karen Silk from the Reserve Banks whether shortly

811
00:39:08,320 --> 00:39:11,400
Speaker 2: Adriana wasn't involved in some sort of Pacific governors meeting

812
00:39:11,400 --> 00:39:13,200
Speaker 2: this morning, He's not in front of the Select Committee either,

813
00:39:13,200 --> 00:39:14,759
Speaker 2: so he sort of vanished off the face of the earth.

814
00:39:14,800 --> 00:39:14,960
Speaker 10: Mike.

815
00:39:15,000 --> 00:39:16,920
Speaker 2: When you hose down the economy in print money the

816
00:39:16,960 --> 00:39:18,920
Speaker 2: way the Reserve Bank did, it takes a lot of

817
00:39:18,920 --> 00:39:21,160
Speaker 2: petrol to start the fire again. Stephen Joyce's spot on,

818
00:39:21,239 --> 00:39:23,200
Speaker 2: as you've been saying all along, it's so hard for

819
00:39:23,280 --> 00:39:25,759
Speaker 2: business out here. It's real, and I just think there's

820
00:39:25,800 --> 00:39:28,040
Speaker 2: a massive discount. I think there's a disconnect between what

821
00:39:28,080 --> 00:39:30,360
Speaker 2: the Reserve Bank sees and what's happening in the economy.

822
00:39:30,600 --> 00:39:32,319
Speaker 2: And I think, and I increasingly worry as I try

823
00:39:32,360 --> 00:39:33,480
Speaker 2: to point out to Steve, and I think there's a

824
00:39:33,520 --> 00:39:36,720
Speaker 2: disconnect between the government and the Reserve Bank. They're stuck

825
00:39:36,760 --> 00:39:38,560
Speaker 2: with the Reserve Bank governor. They should have sacked them,

826
00:39:38,560 --> 00:39:41,760
Speaker 2: they couldn't or didn't, and now they're trying to busily

827
00:39:42,000 --> 00:39:44,040
Speaker 2: spring I mean, if you looked yesterday, there were two

828
00:39:44,760 --> 00:39:47,680
Speaker 2: dueling press conferences going on. I watched the Joyce not

829
00:39:47,719 --> 00:39:50,439
Speaker 2: the Joys one, the Ore one. But at the same

830
00:39:50,480 --> 00:39:53,000
Speaker 2: time Willis and Luxen were out there telling you, you know,

831
00:39:53,040 --> 00:39:55,120
Speaker 2: the economy is on it. You know, they're desperately trying

832
00:39:55,160 --> 00:39:56,799
Speaker 2: to see the good in the economy, and you can't

833
00:39:56,800 --> 00:40:00,160
Speaker 2: blame them. It's their economy, but it's not as good

834
00:40:00,200 --> 00:40:01,799
Speaker 2: as they make it out to be. And it's not

835
00:40:01,840 --> 00:40:03,440
Speaker 2: as good as they make it out to be because

836
00:40:03,480 --> 00:40:07,359
Speaker 2: the guy who's running the place or isn't that good.

837
00:40:07,680 --> 00:40:09,799
Speaker 2: He hasn't been that good, and he continues not to

838
00:40:09,840 --> 00:40:12,360
Speaker 2: be that good, and so they're trying to make a

839
00:40:12,520 --> 00:40:14,839
Speaker 2: silk purse out of a sousa. Mike, the RB nailed

840
00:40:14,840 --> 00:40:17,000
Speaker 2: it by pausing at four point three five RBA the

841
00:40:17,040 --> 00:40:20,120
Speaker 2: Australian Bank pausing at four point three five in comparison

842
00:40:20,239 --> 00:40:22,680
Speaker 2: or as a complete bloody shocker, and the economy and

843
00:40:22,680 --> 00:40:24,640
Speaker 2: households are paying the price while he swands around on

844
00:40:24,680 --> 00:40:27,400
Speaker 2: eight hundred thousand dollars a year. Ask the average Australian

845
00:40:27,440 --> 00:40:30,840
Speaker 2: though they are not feeling too bullish themselves. They can't

846
00:40:30,880 --> 00:40:32,839
Speaker 2: afford the power bill, and they can't afford to buy

847
00:40:32,840 --> 00:40:36,640
Speaker 2: a house. They are no question materially better off than

848
00:40:36,680 --> 00:40:39,200
Speaker 2: we are, but they don't see it, and that, I

849
00:40:39,239 --> 00:40:41,960
Speaker 2: guess is sort of an example of the Yale politic.

850
00:40:42,480 --> 00:40:49,320
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851
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853
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854
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855
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856
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857
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860
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861
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865
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867
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868
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869
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870
00:41:43,680 --> 00:41:48,600
Speaker 2: more information Pasking seven, twenty four. I'm more knowledgeable about

871
00:41:48,600 --> 00:41:51,080
Speaker 2: the Pike River tragedy than the Tony Gibson Auckland Port

872
00:41:51,120 --> 00:41:53,479
Speaker 2: court case. But out of Pike River came the law

873
00:41:53,960 --> 00:41:56,399
Speaker 2: that got Gibson yesterday as former boss of the Port

874
00:41:56,400 --> 00:41:58,120
Speaker 2: of Auckland over the death of the worker. Now he's

875
00:41:58,160 --> 00:42:01,279
Speaker 2: been found guilty, he may appeal. You would imagine if

876
00:42:01,280 --> 00:42:03,560
Speaker 2: the verdict stands and a penalty is imposed, it would

877
00:42:03,560 --> 00:42:07,200
Speaker 2: have a severe chilling effect in the world of CEOs.

878
00:42:07,400 --> 00:42:10,520
Speaker 2: Just where is the line for a boss in looking

879
00:42:10,600 --> 00:42:12,560
Speaker 2: after the safety of the staff beyond the broad based

880
00:42:12,560 --> 00:42:15,719
Speaker 2: and widely understood rules we have currently and do. Court

881
00:42:15,760 --> 00:42:20,080
Speaker 2: cases like this now reset those boundaries as to what

882
00:42:20,120 --> 00:42:22,120
Speaker 2: you must do or might do as regard safety in

883
00:42:22,160 --> 00:42:25,160
Speaker 2: a large workplace. Some workplaces are inherently dangerous, of course

884
00:42:25,200 --> 00:42:27,560
Speaker 2: because of their nature. Rules will be in place, But

885
00:42:27,680 --> 00:42:31,000
Speaker 2: how tight do those rules need to be? And it's

886
00:42:31,040 --> 00:42:33,640
Speaker 2: out of that sort of expectation if you think about it,

887
00:42:33,680 --> 00:42:35,719
Speaker 2: the life in general can sometimes be brought to a

888
00:42:35,719 --> 00:42:39,839
Speaker 2: sort of a standstill by the just in case mentality.

889
00:42:40,280 --> 00:42:44,319
Speaker 2: Work in safety driven by good intention stifling in the

890
00:42:44,320 --> 00:42:47,120
Speaker 2: real world, that's your potential problem and taking the very

891
00:42:47,200 --> 00:42:50,200
Speaker 2: specific responsibility right up the chain to the corner office

892
00:42:50,400 --> 00:42:53,920
Speaker 2: for a person not falling off or falling over or

893
00:42:53,960 --> 00:42:57,920
Speaker 2: falling into something. That's a tremendous amount of very specific expectation.

894
00:42:57,960 --> 00:43:00,279
Speaker 2: I would have thought, especially in a large company, when

895
00:43:00,320 --> 00:43:03,640
Speaker 2: the numerical gap between the boss and a bloke on

896
00:43:03,680 --> 00:43:06,920
Speaker 2: the floor or a machine might be large. It's an

897
00:43:06,920 --> 00:43:10,000
Speaker 2: interesting concept, I think, to judicially skip any number of

898
00:43:10,080 --> 00:43:12,439
Speaker 2: people between the victim and the CEO. What I don't

899
00:43:12,440 --> 00:43:15,080
Speaker 2: know about Pike River was it was a top down mess.

900
00:43:15,280 --> 00:43:17,040
Speaker 2: If you were looking for blame, there was no shortage

901
00:43:17,080 --> 00:43:19,000
Speaker 2: of it to spread all about the place. A lot

902
00:43:19,000 --> 00:43:21,319
Speaker 2: of people wanted Peter Whittle if you remember, to pay,

903
00:43:21,320 --> 00:43:23,800
Speaker 2: but that was more predicated on him being an easy target,

904
00:43:23,840 --> 00:43:27,000
Speaker 2: not because he and he alone was responsible. How much

905
00:43:27,160 --> 00:43:29,920
Speaker 2: of this new law came out of that same mentality, Oh,

906
00:43:29,920 --> 00:43:32,120
Speaker 2: I don't worry about the detail or the fairness. Just

907
00:43:32,239 --> 00:43:34,440
Speaker 2: let's look to have somebody pay. And if that's what's

908
00:43:34,560 --> 00:43:37,440
Speaker 2: driven it is that good law or a lot of

909
00:43:37,440 --> 00:43:40,200
Speaker 2: potential trouble and a reason not to be the boss

910
00:43:40,680 --> 00:43:44,360
Speaker 2: asking right stuff. You won't have heard around the media

911
00:43:44,400 --> 00:43:47,520
Speaker 2: being trumpeted as it should have been. There's fewer than

912
00:43:47,560 --> 00:43:49,920
Speaker 2: a thousand families living in an emergency accommodation. This will

913
00:43:49,960 --> 00:43:51,200
Speaker 2: be news to you because you haven't heard it way

914
00:43:51,200 --> 00:43:53,600
Speaker 2: having you heard it, fewer than a thousand households living

915
00:43:53,640 --> 00:43:55,680
Speaker 2: in emergency housing. Is that a big drop? Yes, it is.

916
00:43:55,920 --> 00:43:57,400
Speaker 2: How big a drop is that, Mike, Well, it's a

917
00:43:57,480 --> 00:44:02,200
Speaker 2: sixty eight percent drop since septem So by the end

918
00:44:02,200 --> 00:44:04,840
Speaker 2: of last year you had three thousand, one hundred and

919
00:44:04,840 --> 00:44:08,400
Speaker 2: forty one households. That's down to nine hundred and ninety three.

920
00:44:08,719 --> 00:44:10,440
Speaker 2: Came out of a thing called Priority one. It's a

921
00:44:10,480 --> 00:44:13,440
Speaker 2: fast tracked policy. Households with kids were moved straight to

922
00:44:13,480 --> 00:44:15,640
Speaker 2: the top of the social housing waitlist and since then,

923
00:44:15,680 --> 00:44:18,200
Speaker 2: seven hundred and eighty six households, including sixteen hundred and

924
00:44:18,200 --> 00:44:21,479
Speaker 2: eighteen kids, who were in emergency housing, have been placed

925
00:44:21,480 --> 00:44:23,840
Speaker 2: in social housing. So that's a policy that's working in

926
00:44:23,880 --> 00:44:25,560
Speaker 2: the government. Buy and Large has had a very good week.

927
00:44:25,600 --> 00:44:27,560
Speaker 2: They opened a police station in Auckland. These things are

928
00:44:27,600 --> 00:44:29,520
Speaker 2: not hard to solve. This is what I'm trying to

929
00:44:29,520 --> 00:44:32,120
Speaker 2: tell you. These things are not hard to solve if

930
00:44:32,160 --> 00:44:33,719
Speaker 2: you're focus and you do it right. So they opened

931
00:44:33,719 --> 00:44:36,480
Speaker 2: a police station downtown Auckland. Good idea, excellent idea. Why

932
00:44:36,520 --> 00:44:38,680
Speaker 2: hadn't they done that before because we were run by idiots.

933
00:44:39,440 --> 00:44:41,640
Speaker 2: Changes to the way they build social housing in this

934
00:44:41,680 --> 00:44:45,800
Speaker 2: country with charitable housing, good idea, simple idea Sport New Zealand,

935
00:44:45,800 --> 00:44:48,280
Speaker 2: big fat review into that good. Let's hope something productive

936
00:44:48,280 --> 00:44:49,880
Speaker 2: comes out of that. Now we found out there were

937
00:44:49,880 --> 00:44:52,760
Speaker 2: a fewer than a thousand families living in emergency housing

938
00:44:52,920 --> 00:44:55,720
Speaker 2: under the previous government. It was a disaster. The queue

939
00:44:55,719 --> 00:44:57,920
Speaker 2: was growing. Asked the people who wrote Arua how that

940
00:44:58,000 --> 00:44:59,640
Speaker 2: was going for them all of a sudden, Give them

941
00:44:59,680 --> 00:45:01,960
Speaker 2: twelve months and a bit of logic and you've half

942
00:45:02,000 --> 00:45:04,319
Speaker 2: got your problem solved. Now speaking of the problems, back

943
00:45:04,360 --> 00:45:08,040
Speaker 2: to the Reserve Bank Associate Governor Karen silk Is. But

944
00:45:08,200 --> 00:45:09,680
Speaker 2: moments away here at news Talk.

945
00:45:09,600 --> 00:45:17,239
Speaker 1: Save the newsmakers and the personalities the big names talk to,

946
00:45:17,600 --> 00:45:20,960
Speaker 1: like the my costing breakfast with the range rover bella

947
00:45:21,400 --> 00:45:23,880
Speaker 1: designed to intrigue and use consentad Be.

948
00:45:24,200 --> 00:45:26,759
Speaker 2: James for assigned a chat possibly for the final time.

949
00:45:26,800 --> 00:45:28,919
Speaker 2: I'll tell that story. You'll let him tell that story

950
00:45:28,960 --> 00:45:30,680
Speaker 2: after right meantime, Back to the Reserve Bank and the

951
00:45:30,680 --> 00:45:33,239
Speaker 2: state of the economy. Inflation partly under controlled non trade

952
00:45:33,320 --> 00:45:36,880
Speaker 2: will still the problem. Fifty point cats another unlikely infegory

953
00:45:36,960 --> 00:45:38,919
Speaker 2: on our way to a neutral number of about three

954
00:45:38,960 --> 00:45:41,800
Speaker 2: percent by the middle of next year. The rby's Associate Governor,

955
00:45:41,960 --> 00:45:44,720
Speaker 2: Karen Silk, is with us. Good morning, Good morning mate.

956
00:45:44,800 --> 00:45:46,440
Speaker 2: I was surprised to I was surprised. We had a

957
00:45:46,440 --> 00:45:48,600
Speaker 2: lot of things yesterday in the press conference, the seventy

958
00:45:48,719 --> 00:45:52,560
Speaker 2: five points, how little consideration was given to them.

959
00:45:54,680 --> 00:45:58,880
Speaker 14: Yeah, Mike, we consider all potential and restraint changes, but

960
00:45:59,400 --> 00:46:03,200
Speaker 14: we could settled on fifty basis point being cut being

961
00:46:03,200 --> 00:46:07,560
Speaker 14: the most appropriate fit at this point to support both

962
00:46:07,600 --> 00:46:12,080
Speaker 14: our primary inflation and secondary obviously our secondary objectives, and

963
00:46:12,120 --> 00:46:15,320
Speaker 14: it's all about charting a steady course.

964
00:46:15,080 --> 00:46:15,759
Speaker 1: Of action.

965
00:46:17,560 --> 00:46:22,279
Speaker 14: And around what best enables that. The fifty fifty point

966
00:46:22,320 --> 00:46:29,280
Speaker 14: basis recognizes that wonderful news inflation headline inflation back within

967
00:46:29,320 --> 00:46:32,880
Speaker 14: the target range, and we have a pretty good level

968
00:46:32,880 --> 00:46:35,919
Speaker 14: of confidence about that remaining there. But it's got under

969
00:46:35,960 --> 00:46:39,000
Speaker 14: the over in terms of how we've managed to get there.

970
00:46:40,160 --> 00:46:44,520
Speaker 14: On the one hand, you've got weak global growth, lower

971
00:46:44,560 --> 00:46:49,399
Speaker 14: inflation off shore that's leading to lower import prices, which

972
00:46:49,480 --> 00:46:54,439
Speaker 14: is good news. On the other hand, domestic inflation that well,

973
00:46:54,480 --> 00:46:57,840
Speaker 14: that's coming down, that's still sitting outside of the target range,

974
00:46:57,840 --> 00:47:00,200
Speaker 14: and so we're still you know, we still look for

975
00:47:00,239 --> 00:47:02,759
Speaker 14: that comes back at least to the top end of

976
00:47:02,800 --> 00:47:05,560
Speaker 14: the range, which is where it's historically sat.

977
00:47:05,960 --> 00:47:08,600
Speaker 2: Do you think it will because Transpower were given clearance

978
00:47:08,680 --> 00:47:11,480
Speaker 2: the other day to raise six billion dollars, all of

979
00:47:11,520 --> 00:47:13,920
Speaker 2: which will be inflationary. As long as that's going on,

980
00:47:14,040 --> 00:47:16,080
Speaker 2: then you get insurance, then you get the councils. As

981
00:47:16,120 --> 00:47:18,879
Speaker 2: long as that's going on, non tradables going nowhere fast,

982
00:47:18,960 --> 00:47:19,120
Speaker 2: is it?

983
00:47:19,840 --> 00:47:24,600
Speaker 14: Yeah, Yeah, there's definitely a mix of things. There is

984
00:47:24,640 --> 00:47:28,319
Speaker 14: some persistence and domestic inflation from you know, what we

985
00:47:28,400 --> 00:47:32,799
Speaker 14: would recall what would refer to as items that are

986
00:47:32,800 --> 00:47:38,960
Speaker 14: a little less responsive to monetary policy, and you know,

987
00:47:39,000 --> 00:47:41,640
Speaker 14: but there are also some things in there that are

988
00:47:41,680 --> 00:47:43,839
Speaker 14: just slow moving, and you know, rents is a good

989
00:47:43,840 --> 00:47:47,600
Speaker 14: example of that. But as you say, there are things

990
00:47:47,640 --> 00:47:52,480
Speaker 14: like insurance and rates and so you know, those were

991
00:47:52,560 --> 00:47:55,680
Speaker 14: kind of things that will tend to also hold domestic

992
00:47:55,719 --> 00:47:59,680
Speaker 14: inflation towards that higher end of the range as well.

993
00:48:00,160 --> 00:48:02,719
Speaker 2: Point two five fifty, all things being equal, coming in

994
00:48:02,760 --> 00:48:04,520
Speaker 2: February year STI, you got one hundred and twenty five

995
00:48:04,560 --> 00:48:06,319
Speaker 2: points to get rid of by the middle of next year.

996
00:48:06,360 --> 00:48:09,360
Speaker 2: So that's another fifty in twenty five. Is that roughly

997
00:48:09,440 --> 00:48:10,439
Speaker 2: how it will play out?

998
00:48:11,320 --> 00:48:11,560
Speaker 13: Yeah.

999
00:48:11,600 --> 00:48:15,160
Speaker 14: So what we've indicated in our track, based on the

1000
00:48:15,200 --> 00:48:19,080
Speaker 14: economic conditions that we're looking at today and our forecast

1001
00:48:19,200 --> 00:48:22,239
Speaker 14: for next year, we're looking for more carts earlier in

1002
00:48:22,280 --> 00:48:25,680
Speaker 14: the earlier part of next year, and then are gradual

1003
00:48:25,800 --> 00:48:27,440
Speaker 14: tapering off over the years.

1004
00:48:27,600 --> 00:48:30,680
Speaker 2: When you talk about productivity as you did yesterday, how

1005
00:48:30,719 --> 00:48:32,399
Speaker 2: worried are you about the brain drain?

1006
00:48:34,400 --> 00:48:35,280
Speaker 15: Oh?

1007
00:48:35,520 --> 00:48:39,080
Speaker 14: Yeah, migration's definitely up.

1008
00:48:40,480 --> 00:48:43,920
Speaker 2: And well yeah, but the problem is they're all leaving

1009
00:48:44,040 --> 00:48:46,000
Speaker 2: and fewer and fewer people are coming in, and the

1010
00:48:46,080 --> 00:48:48,040
Speaker 2: chances are we're going to be going backwards. None of

1011
00:48:48,080 --> 00:48:49,440
Speaker 2: that can be good for the economy, can it.

1012
00:48:50,440 --> 00:48:50,680
Speaker 16: Yeah.

1013
00:48:50,800 --> 00:48:54,319
Speaker 14: So there's two things. You know, you'll have seen that.

1014
00:48:54,320 --> 00:49:00,600
Speaker 14: There's a we we lowered our growth outlooks for the economy.

1015
00:49:01,200 --> 00:49:02,680
Speaker 2: Is that because of that, By the way.

1016
00:49:03,360 --> 00:49:07,960
Speaker 14: There's tooths there one population growth, so we lowered our

1017
00:49:08,080 --> 00:49:11,520
Speaker 14: estimates of future population growth sitting in there. So that

1018
00:49:11,560 --> 00:49:15,600
Speaker 14: has some impact. The second impact to it was is

1019
00:49:15,719 --> 00:49:19,960
Speaker 14: our assessment of productivity and New Zealand's productivity levels are low.

1020
00:49:21,000 --> 00:49:24,480
Speaker 14: We have businesses that tend to focus on hiring labor

1021
00:49:25,280 --> 00:49:30,839
Speaker 14: rather than doing the uptrame investment in capital that may

1022
00:49:31,200 --> 00:49:33,720
Speaker 14: you know that will help help us do things quicker

1023
00:49:33,760 --> 00:49:38,160
Speaker 14: and faster. When you have low productivity levels, your potential

1024
00:49:38,239 --> 00:49:39,320
Speaker 14: growth is lower.

1025
00:49:39,480 --> 00:49:41,839
Speaker 15: So that is what the other driver are.

1026
00:49:41,719 --> 00:49:44,080
Speaker 2: Those two things that you can't daw bone. You wish

1027
00:49:44,080 --> 00:49:46,440
Speaker 2: you could, but you can't. So one is the productivity.

1028
00:49:46,480 --> 00:49:48,839
Speaker 2: We've had this discussion for decades in this country. We

1029
00:49:48,840 --> 00:49:50,680
Speaker 2: were just no good at it. The other one Adrian

1030
00:49:50,719 --> 00:49:53,040
Speaker 2: reference getting money out of housing and into something else

1031
00:49:53,080 --> 00:49:56,040
Speaker 2: that doesn't happen either. Are you frustrated by that?

1032
00:49:58,320 --> 00:50:00,799
Speaker 14: I think most New Zealanders should be f strated by that.

1033
00:50:00,960 --> 00:50:05,799
Speaker 14: Mike productivity, There are things New Zelen can do about that.

1034
00:50:06,160 --> 00:50:09,840
Speaker 14: A lot of those things don't sit within the Reserve

1035
00:50:09,880 --> 00:50:14,120
Speaker 14: banks wheelhouse. You know, there are certainly things that need

1036
00:50:14,160 --> 00:50:17,200
Speaker 14: to happen to think about improvement of access to capital,

1037
00:50:18,000 --> 00:50:27,000
Speaker 14: improvements in willingness for businesses to adopt the pace of technology, faster,

1038
00:50:27,120 --> 00:50:30,239
Speaker 14: investment in R and D, all those things. Education we

1039
00:50:30,280 --> 00:50:32,920
Speaker 14: need our education up. All of those are things will

1040
00:50:33,040 --> 00:50:38,320
Speaker 14: drive that's outside of our out outside of our wheelhouse house.

1041
00:50:38,400 --> 00:50:42,719
Speaker 14: Prices look, interest rates do impact on that. We are

1042
00:50:42,800 --> 00:50:47,920
Speaker 14: forecasting a bounce in house prices through next year of

1043
00:50:47,600 --> 00:50:51,120
Speaker 14: the off the back of lower interest rates, but we're

1044
00:50:51,120 --> 00:50:56,360
Speaker 14: not expecting that to be a significant growth story moving forward.

1045
00:50:57,080 --> 00:51:00,879
Speaker 14: There are things that initiatives that governments talking about which

1046
00:51:00,920 --> 00:51:04,960
Speaker 14: will increase there creates the ability to improve the supply

1047
00:51:05,000 --> 00:51:08,400
Speaker 14: of housing. We definitely need to see that to stop

1048
00:51:08,400 --> 00:51:12,560
Speaker 14: that circlical case. And on our side, the introduction of

1049
00:51:12,600 --> 00:51:16,960
Speaker 14: depth and some ratios sure that over time helps move

1050
00:51:17,280 --> 00:51:18,680
Speaker 14: the cycle right as well.

1051
00:51:19,000 --> 00:51:21,239
Speaker 2: I've never talked to you before, so it's an apt

1052
00:51:21,239 --> 00:51:23,880
Speaker 2: time to ask the question. Given that we've had three recessions,

1053
00:51:23,920 --> 00:51:27,160
Speaker 2: most likely three recessions in two years, do you carry

1054
00:51:27,320 --> 00:51:30,239
Speaker 2: personal responsibility and feel bad for what you've done to

1055
00:51:30,280 --> 00:51:31,160
Speaker 2: this country?

1056
00:51:32,280 --> 00:51:35,640
Speaker 14: Do I feel bad? But the best thing that we

1057
00:51:35,680 --> 00:51:39,400
Speaker 14: can do is ensure that there's price stability in this economy.

1058
00:51:39,440 --> 00:51:41,640
Speaker 14: So low stable inflation is the best thing that we

1059
00:51:41,680 --> 00:51:46,840
Speaker 14: can do for economic wellbeing. Monetary policy has been proven

1060
00:51:47,200 --> 00:51:51,000
Speaker 14: to be the best thing to support that, and that

1061
00:51:51,120 --> 00:51:55,200
Speaker 14: is meant that we have had to undertake actions through

1062
00:51:55,320 --> 00:51:58,520
Speaker 14: restriction of monetary policy to get ourselves back will to

1063
00:51:58,560 --> 00:52:02,160
Speaker 14: get New Zealand back into a we have low stable inflation.

1064
00:52:02,760 --> 00:52:05,480
Speaker 2: It you're giving me the Reserve Bank line, Karen, I'm

1065
00:52:05,520 --> 00:52:07,600
Speaker 2: talking about all the other reserve banks that haven't had

1066
00:52:07,640 --> 00:52:09,959
Speaker 2: three recessions. You guys have cocked it up worse than others.

1067
00:52:10,000 --> 00:52:11,439
Speaker 2: Does that make you feel bad?

1068
00:52:12,560 --> 00:52:14,560
Speaker 14: I don't think we have cocked it up, Mike. I

1069
00:52:14,560 --> 00:52:17,920
Speaker 14: think what we've done is respond to the conditions.

1070
00:52:17,400 --> 00:52:17,840
Speaker 13: That we have.

1071
00:52:18,400 --> 00:52:21,920
Speaker 14: There are things that are different about this economy. If

1072
00:52:21,960 --> 00:52:24,440
Speaker 14: you want to compare us to the US, the big

1073
00:52:24,480 --> 00:52:28,040
Speaker 14: difference between New Zealand and the US is our productivity levels,

1074
00:52:28,320 --> 00:52:32,680
Speaker 14: results and we can do things. We can grow without

1075
00:52:32,760 --> 00:52:37,840
Speaker 14: creating capacity pressures which lead to inflation. So we're responding

1076
00:52:37,880 --> 00:52:39,960
Speaker 14: to the conditions that we have here in New Zealand.

1077
00:52:40,160 --> 00:52:43,320
Speaker 2: Appreciate your time, Karen Silk, who is the Associate Governor

1078
00:52:43,400 --> 00:52:44,080
Speaker 2: of the Reserve Bank.

1079
00:52:44,120 --> 00:52:49,120
Speaker 1: Sixteen two, Come the Vike Asking Breakfast Full Show podcast

1080
00:52:49,320 --> 00:52:51,760
Speaker 1: on iHeartRadio Power by News Talks.

1081
00:52:51,760 --> 00:52:54,799
Speaker 2: That'd be great interview. Mike insightful, like or Karen. Both

1082
00:52:54,840 --> 00:52:56,400
Speaker 2: exhibits zero accountability.

1083
00:52:56,560 --> 00:52:56,640
Speaker 6: Mike.

1084
00:52:56,719 --> 00:52:58,680
Speaker 2: In fact, you can't speak to anyone in business after

1085
00:52:58,719 --> 00:53:01,279
Speaker 2: midday on a Friday's why we have poor productivity. It's

1086
00:53:01,320 --> 00:53:03,680
Speaker 2: the mentality. I think there's something in that to be Frank, Mike,

1087
00:53:04,360 --> 00:53:07,080
Speaker 2: guess what also slow moving my business interest has killed

1088
00:53:07,120 --> 00:53:08,919
Speaker 2: me the last two years. All that money that could

1089
00:53:08,920 --> 00:53:11,240
Speaker 2: have been in taxes going to someone at the bank somewhere.

1090
00:53:11,760 --> 00:53:14,440
Speaker 2: Reserve Bank needs to take responsibility. Mike, listening to your

1091
00:53:14,440 --> 00:53:17,200
Speaker 2: summary only not wrong with your reflection. Less people or

1092
00:53:17,239 --> 00:53:19,160
Speaker 2: fewer people and the need and to please, and no

1093
00:53:19,320 --> 00:53:21,600
Speaker 2: end insight for the hospital crisis. But not high on

1094
00:53:21,680 --> 00:53:24,080
Speaker 2: the feel good love you work appreciated at Mike. I

1095
00:53:24,480 --> 00:53:26,719
Speaker 2: work down at the ports. This is regards the court

1096
00:53:26,719 --> 00:53:28,359
Speaker 2: case yesterday. I worked down at the ports. They have

1097
00:53:28,400 --> 00:53:31,239
Speaker 2: incredible amounts of training for h and s. However, no

1098
00:53:31,320 --> 00:53:33,960
Speaker 2: amount of rules will stop people being stupid or doing

1099
00:53:33,960 --> 00:53:36,160
Speaker 2: something stupid. We are taking personal which is not to

1100
00:53:36,200 --> 00:53:40,000
Speaker 2: say the tragedy, by the way, was stupidity. We're taking

1101
00:53:40,000 --> 00:53:44,160
Speaker 2: personal responsibility away from individuals. I tend to agree accountability

1102
00:53:44,200 --> 00:53:46,360
Speaker 2: is one thing. But you look at a company the

1103
00:53:46,400 --> 00:53:48,960
Speaker 2: size of a port and you're saying, the bloke down

1104
00:53:48,960 --> 00:53:52,520
Speaker 2: there on the container is being looked after directly by

1105
00:53:52,560 --> 00:53:55,520
Speaker 2: the CEO in the corner office, and that's a big

1106
00:53:55,600 --> 00:53:58,200
Speaker 2: long bow to draw. Legally speaking, I've been thinking all

1107
00:53:58,239 --> 00:54:01,359
Speaker 2: morning about your comments that the Trump ites just don't

1108
00:54:01,400 --> 00:54:03,719
Speaker 2: get the tariffs or inflationary. I think they do to

1109
00:54:03,760 --> 00:54:06,680
Speaker 2: put jobs at home before that, and they also realize,

1110
00:54:06,680 --> 00:54:09,640
Speaker 2: for instance, that buying cheap Chinese goods at just below

1111
00:54:09,719 --> 00:54:12,720
Speaker 2: full price is in fact more inflationary. Here's a woman

1112
00:54:12,880 --> 00:54:15,320
Speaker 2: that John King talked to a while back on CNN.

1113
00:54:15,800 --> 00:54:19,279
Speaker 5: Why are we bringing Argentinian beef in? Why are we

1114
00:54:19,440 --> 00:54:23,400
Speaker 5: bringing New Zealand and Australian beef in and then exporting

1115
00:54:23,440 --> 00:54:26,160
Speaker 5: some of our beef. Why don't we first just feed

1116
00:54:26,239 --> 00:54:28,400
Speaker 5: our beef to our Americans?

1117
00:54:28,600 --> 00:54:31,240
Speaker 2: And that's what he tapped into so successfully in the election.

1118
00:54:31,360 --> 00:54:35,440
Speaker 2: Of course that doesn't make sense, but they believe it,

1119
00:54:35,719 --> 00:54:40,120
Speaker 2: and if they believe it, it's real. Tender way my cost

1120
00:54:40,160 --> 00:54:43,719
Speaker 2: gilbreakfas with Bailey's real estate news talks. They the light

1121
00:54:43,800 --> 00:54:45,400
Speaker 2: turven away from Lae. Black Caps are about to get

1122
00:54:45,400 --> 00:54:47,960
Speaker 2: their summer of cricket underway, first of three tests against

1123
00:54:48,000 --> 00:54:50,880
Speaker 2: England mcginns in the Garden City this morning. Russian Revender

1124
00:54:50,920 --> 00:54:53,600
Speaker 2: is with us. Very good morning, good man, very well.

1125
00:54:53,640 --> 00:54:55,560
Speaker 2: How's the week been by way a build.

1126
00:54:55,400 --> 00:54:58,120
Speaker 17: Up, Yeah, it's been good obviously, t this week's always

1127
00:54:58,120 --> 00:55:00,839
Speaker 17: an exciting time and we've been able get underway and

1128
00:55:00,880 --> 00:55:03,520
Speaker 17: seeing all the boys again is always fun. So it's

1129
00:55:03,560 --> 00:55:04,280
Speaker 17: been a good sofer.

1130
00:55:04,440 --> 00:55:06,839
Speaker 2: And do you have a personal attachment to christ Church

1131
00:55:06,880 --> 00:55:08,799
Speaker 2: in terms? I mean, to my eye, it's the most

1132
00:55:08,840 --> 00:55:11,040
Speaker 2: beautiful place to play test cricket. Do you agree or

1133
00:55:11,040 --> 00:55:12,080
Speaker 2: is there somewhere else for you?

1134
00:55:13,600 --> 00:55:16,399
Speaker 17: I can't completely agree with you there. I do really

1135
00:55:16,480 --> 00:55:18,200
Speaker 17: like the city christ Church, and I love the Grand

1136
00:55:18,200 --> 00:55:21,160
Speaker 17: hagli Opal, but I think Wellington, based in Reserve, takes

1137
00:55:21,160 --> 00:55:23,960
Speaker 17: the cake. Obviously I'm a little biased in that place,

1138
00:55:24,040 --> 00:55:25,319
Speaker 17: but that's the one for me.

1139
00:55:25,520 --> 00:55:27,600
Speaker 2: And they tell do you have any indication of tickets

1140
00:55:27,600 --> 00:55:30,600
Speaker 2: for Christians? Because they're told I'm told Wellington's a sellout

1141
00:55:30,640 --> 00:55:31,879
Speaker 2: or virtually a sellout.

1142
00:55:32,239 --> 00:55:35,000
Speaker 17: I'm pretty sure it's heading that way, if not already

1143
00:55:35,000 --> 00:55:37,719
Speaker 17: that way. At Hagley, it's pretty cool to see the

1144
00:55:38,040 --> 00:55:40,640
Speaker 17: interest in the series and loving you doing public geting

1145
00:55:40,680 --> 00:55:44,280
Speaker 17: behind us, and I mean home summer packed. That crowd

1146
00:55:44,360 --> 00:55:45,279
Speaker 17: is up and really better, is it?

1147
00:55:45,440 --> 00:55:47,480
Speaker 2: Yeah? Exactly? So how much do you reckon of what

1148
00:55:47,560 --> 00:55:50,400
Speaker 2: happened in India has led to this then and the

1149
00:55:50,600 --> 00:55:52,320
Speaker 2: increased level of interest in expectation?

1150
00:55:53,200 --> 00:55:55,359
Speaker 17: Yeah, obviously it's always hard to tell, but I feel

1151
00:55:55,400 --> 00:55:57,640
Speaker 17: like there is. There's a lot more I use people

1152
00:55:57,680 --> 00:56:00,960
Speaker 17: when they're walking around just saying congratulations, done and India

1153
00:56:01,000 --> 00:56:01,600
Speaker 17: and stuff.

1154
00:56:01,320 --> 00:56:01,879
Speaker 6: Which is cool.

1155
00:56:02,800 --> 00:56:05,000
Speaker 17: I think. I feel like the viewership was through the

1156
00:56:05,080 --> 00:56:08,520
Speaker 17: roof for currict, especially with it starting at five pm,

1157
00:56:08,640 --> 00:56:10,439
Speaker 17: was a great time for people after work, et cetera.

1158
00:56:10,840 --> 00:56:13,600
Speaker 17: But I mean that's what we want, right, We want

1159
00:56:13,600 --> 00:56:15,440
Speaker 17: the public tea behind us and hopefully we can keep

1160
00:56:15,480 --> 00:56:18,000
Speaker 17: inspiring people to keep playing the game and more than

1161
00:56:18,000 --> 00:56:20,279
Speaker 17: the cricket itself, also being good people off the part

1162
00:56:20,360 --> 00:56:23,720
Speaker 17: two and our little interactions that we have with fans,

1163
00:56:23,719 --> 00:56:25,040
Speaker 17: So that's that's important to us too.

1164
00:56:25,160 --> 00:56:27,440
Speaker 2: And do you walk tall of because of India or

1165
00:56:27,640 --> 00:56:29,640
Speaker 2: does the precious sitting going jeez, we did that. We

1166
00:56:29,760 --> 00:56:30,480
Speaker 2: better carry on.

1167
00:56:32,520 --> 00:56:34,879
Speaker 17: I think as a group, I think we're pretty good

1168
00:56:34,880 --> 00:56:39,000
Speaker 17: at managing that expectation. Plus you know confidence. Look, we're

1169
00:56:39,160 --> 00:56:40,840
Speaker 17: as a group what is confident in our ability and

1170
00:56:40,840 --> 00:56:42,319
Speaker 17: we trust each other to go out there and do

1171
00:56:42,360 --> 00:56:44,000
Speaker 17: the job. But at the end of the day, we

1172
00:56:44,120 --> 00:56:46,359
Speaker 17: know England are a good side and challenging side too,

1173
00:56:46,400 --> 00:56:49,200
Speaker 17: but also understanding the conditions are very different to India,

1174
00:56:49,280 --> 00:56:51,879
Speaker 17: so it's a different ball game. But you do take

1175
00:56:52,000 --> 00:56:54,280
Speaker 17: you know, momentum and stuff plays plays a big factor,

1176
00:56:54,320 --> 00:56:56,280
Speaker 17: but at the end of the day, it's a new series,

1177
00:56:56,360 --> 00:56:59,280
Speaker 17: completely clean slate, so we'll go out there with that mindset.

1178
00:56:59,280 --> 00:57:00,640
Speaker 2: I think, do you play a lot of weight on

1179
00:57:00,640 --> 00:57:02,799
Speaker 2: the home team ground advantage?

1180
00:57:04,760 --> 00:57:07,600
Speaker 17: I guess so, but also understanding that England playing very

1181
00:57:07,600 --> 00:57:11,600
Speaker 17: similar conditions too, you know, fast ball, the dominant swing,

1182
00:57:11,680 --> 00:57:14,200
Speaker 17: swing conditions, nipping conditions, so it's not too fine for them,

1183
00:57:14,280 --> 00:57:16,720
Speaker 17: So I'd say it's a little more balanced than say,

1184
00:57:16,800 --> 00:57:19,560
Speaker 17: you know, us sitting to India was spinning and stuff,

1185
00:57:19,600 --> 00:57:20,680
Speaker 17: completely different conditions.

1186
00:57:20,840 --> 00:57:23,600
Speaker 2: Okay, here's the thing we came up with on the

1187
00:57:23,640 --> 00:57:25,640
Speaker 2: show the other day. I asked the question, Guy Hevelt,

1188
00:57:25,640 --> 00:57:28,760
Speaker 2: who's into cricket? He backed you guys, But I asked

1189
00:57:28,800 --> 00:57:32,479
Speaker 2: this question, Auckland FC football, right, first year in the league,

1190
00:57:32,760 --> 00:57:35,280
Speaker 2: top of the table, they go and win the whole

1191
00:57:35,280 --> 00:57:38,760
Speaker 2: competition in their first year. Is that the Hellberg Prize

1192
00:57:38,800 --> 00:57:41,439
Speaker 2: winning team of the year or is it the black

1193
00:57:41,440 --> 00:57:43,320
Speaker 2: Caps in India?

1194
00:57:43,920 --> 00:57:46,480
Speaker 17: I look, I can't, I can't come in on there.

1195
00:57:46,520 --> 00:57:48,520
Speaker 17: I guess I'm too invested in one of the teams.

1196
00:57:49,400 --> 00:57:52,600
Speaker 17: And also I'm sorry, aukwand I'm a willing to fox.

1197
00:57:52,640 --> 00:57:54,920
Speaker 2: Guy all right, fair enough, listen, go well to appreciate

1198
00:57:54,920 --> 00:57:56,640
Speaker 2: it very much. Your weathering track is all good and

1199
00:57:56,920 --> 00:57:58,720
Speaker 2: it is a sellout. We can't get We're just trying

1200
00:57:58,760 --> 00:58:00,600
Speaker 2: now to get a ticket, but we can four minutes

1201
00:58:00,600 --> 00:58:04,280
Speaker 2: away from eight Pascal by Casey Costello. Doesn't listen to advice,

1202
00:58:04,360 --> 00:58:06,680
Speaker 2: lie to the cabinet. What an embarrassment, no value, is

1203
00:58:06,720 --> 00:58:08,920
Speaker 2: no conscience. No one voted to let kids start vaping?

1204
00:58:08,960 --> 00:58:11,480
Speaker 2: Blah blah blah. What is it you want the government

1205
00:58:11,480 --> 00:58:14,520
Speaker 2: to do? Just do you want the government to sleep

1206
00:58:14,560 --> 00:58:16,320
Speaker 2: with you as well? Would you like them to vacuum

1207
00:58:16,360 --> 00:58:18,520
Speaker 2: your house? Just where does the government begin?

1208
00:58:18,720 --> 00:58:19,320
Speaker 18: Is that an option?

1209
00:58:19,440 --> 00:58:19,520
Speaker 1: No?

1210
00:58:19,880 --> 00:58:20,800
Speaker 18: Get in my house? Work done?

1211
00:58:21,600 --> 00:58:24,880
Speaker 2: I'm watching these people in the last couple of days

1212
00:58:25,080 --> 00:58:29,200
Speaker 2: going and that government's not dying. At what point, if

1213
00:58:29,240 --> 00:58:31,360
Speaker 2: you're a smoker, and whether you want to give up

1214
00:58:31,440 --> 00:58:33,920
Speaker 2: or not is your call? At what point is that

1215
00:58:34,000 --> 00:58:39,600
Speaker 2: on you versus on the government that will presumably wave

1216
00:58:39,760 --> 00:58:42,560
Speaker 2: some magic wand paid for us all so you can

1217
00:58:42,600 --> 00:58:43,600
Speaker 2: solve your own What if.

1218
00:58:43,440 --> 00:58:45,520
Speaker 18: They did come and wipe your bum for you with

1219
00:58:45,560 --> 00:58:46,320
Speaker 18: your cigarettes?

1220
00:58:46,360 --> 00:58:48,600
Speaker 2: With that, I reckon that wouldn't last long because you

1221
00:58:48,640 --> 00:58:50,840
Speaker 2: get embarrassed. Wouldn't you you go, case you get out

1222
00:58:50,840 --> 00:58:56,280
Speaker 2: of my house. Ten dollars futures market, ten dollars futures

1223
00:58:56,320 --> 00:58:59,560
Speaker 2: market for dairy. It's gone through and out the other side.

1224
00:58:59,800 --> 00:59:02,400
Speaker 2: It is only the futures market. It's yet to unfold.

1225
00:59:03,160 --> 00:59:05,480
Speaker 2: But the futures market is quite often right, and they

1226
00:59:05,520 --> 00:59:07,360
Speaker 2: got a vibe for what's going on. The demand is

1227
00:59:07,360 --> 00:59:09,800
Speaker 2: there from China. This is another thing that wasn't widely

1228
00:59:09,840 --> 00:59:13,000
Speaker 2: reported enough yesterday. So the demand is there from China.

1229
00:59:13,400 --> 00:59:16,120
Speaker 2: The futures markets through ten dollars. We are breaking record

1230
00:59:16,240 --> 00:59:18,400
Speaker 2: after records, so we take that all day long. Speaking

1231
00:59:18,440 --> 00:59:25,840
Speaker 2: of records, segue Mitch James. Oh comes Bet Glen metch

1232
00:59:25,960 --> 00:59:27,280
Speaker 2: James shortly.

1233
00:59:27,760 --> 00:59:31,600
Speaker 1: The Breakfast show You can trust the Mic Hosking Breakfast

1234
00:59:31,840 --> 00:59:36,080
Speaker 1: with Bailey's real Estate, your local experts across residential, commercial

1235
00:59:36,120 --> 00:59:37,320
Speaker 1: and rural news togs.

1236
00:59:37,360 --> 00:59:48,720
Speaker 2: He'd been a seven past eight. The Mitch James story

1237
00:59:48,800 --> 00:59:50,920
Speaker 2: is one of music's better ones. I think open mic

1238
00:59:51,040 --> 00:59:52,960
Speaker 2: nights and busking on the streets of London, where if

1239
00:59:52,960 --> 00:59:55,280
Speaker 2: the public weren't generous with the tips, then he'd be

1240
00:59:55,320 --> 00:59:57,920
Speaker 2: sleeping on the street that particular night. Eleven years later,

1241
00:59:58,720 --> 01:00:01,360
Speaker 2: we think we've got his final single Beautiful Strange to

1242
01:00:01,400 --> 01:00:04,880
Speaker 2: The final single is from the album, which is due shortly.

1243
01:00:05,640 --> 01:00:08,760
Speaker 2: So is it really over? Mitch James as well, It's

1244
01:00:08,760 --> 01:00:09,400
Speaker 2: good to see.

1245
01:00:09,200 --> 01:00:10,520
Speaker 3: You again always mate.

1246
01:00:10,680 --> 01:00:11,760
Speaker 2: Now is it over?

1247
01:00:12,520 --> 01:00:12,720
Speaker 4: Yeah?

1248
01:00:12,720 --> 01:00:13,680
Speaker 3: It is, Yeah, it is.

1249
01:00:14,920 --> 01:00:17,520
Speaker 19: It's it's been a crazy journey, like you alluded to.

1250
01:00:17,880 --> 01:00:20,480
Speaker 19: I remember coming in here about eight years ago, scruffy

1251
01:00:20,480 --> 01:00:22,080
Speaker 19: little warriors had on and everything.

1252
01:00:22,120 --> 01:00:24,640
Speaker 3: But yeah, it's been a crazy journey.

1253
01:00:24,680 --> 01:00:27,720
Speaker 19: But I think personally, I've just come to the end

1254
01:00:27,720 --> 01:00:31,080
Speaker 19: of my teather with the industry. It's a very messed

1255
01:00:31,160 --> 01:00:35,040
Speaker 19: up and at times evil industry that yeah, I think.

1256
01:00:35,040 --> 01:00:36,600
Speaker 3: I've got nothing more to prove.

1257
01:00:36,720 --> 01:00:40,320
Speaker 19: And when you're sort of stuck in that, in that

1258
01:00:40,520 --> 01:00:43,840
Speaker 19: washing machine of an industry with you evil people and

1259
01:00:44,080 --> 01:00:46,920
Speaker 19: thieves and snakes, you know, when you don't have much

1260
01:00:46,960 --> 01:00:49,680
Speaker 19: more to prove and you're looking at the guitar in

1261
01:00:49,720 --> 01:00:52,160
Speaker 19: the morning and it's not looking as beautiful as it

1262
01:00:52,240 --> 01:00:54,280
Speaker 19: used to, I felt like I just needed to step

1263
01:00:54,280 --> 01:00:57,520
Speaker 19: away to sort of preserve that care love for the music.

1264
01:00:57,720 --> 01:01:00,240
Speaker 2: Wow, So what's gone wrong?

1265
01:01:01,440 --> 01:01:04,280
Speaker 19: I think firstly, I think, you know, I'm grateful that

1266
01:01:04,320 --> 01:01:06,439
Speaker 19: a lot went right, you know, I think ninety nine

1267
01:01:06,440 --> 01:01:09,640
Speaker 19: point nine percent of musicians aren't lucky enough to be

1268
01:01:09,720 --> 01:01:12,160
Speaker 19: in the position that I've been able to, you know,

1269
01:01:12,320 --> 01:01:15,240
Speaker 19: tour the world and play with my heroes and get

1270
01:01:15,360 --> 01:01:19,439
Speaker 19: hundreds of millions of plays. But I think to keep

1271
01:01:19,480 --> 01:01:21,400
Speaker 19: it succinct because I could. I could be here for

1272
01:01:21,520 --> 01:01:26,120
Speaker 19: hours explaining the ins and outs of it. But I think,

1273
01:01:26,160 --> 01:01:28,680
Speaker 19: you know, I fell out of favor with a record

1274
01:01:28,760 --> 01:01:31,840
Speaker 19: label and trying to basically climb up the ladder. And

1275
01:01:31,880 --> 01:01:36,760
Speaker 19: then once I got onto this newer, bigger record label,

1276
01:01:36,880 --> 01:01:40,880
Speaker 19: the executive who was in charge of sort of champion

1277
01:01:41,120 --> 01:01:44,840
Speaker 19: championing me, he got into a very big scandal over

1278
01:01:44,920 --> 01:01:47,720
Speaker 19: in Australia, which was national news over there, and he

1279
01:01:47,800 --> 01:01:50,560
Speaker 19: got fired and all his team got fired, and then

1280
01:01:51,400 --> 01:01:51,880
Speaker 19: I was.

1281
01:01:51,800 --> 01:01:53,720
Speaker 2: Sort of the casualty.

1282
01:01:53,840 --> 01:01:56,200
Speaker 19: Yeah, I was a casualty and very much the little

1283
01:01:56,200 --> 01:01:59,480
Speaker 19: cousin from New Zealand as we see with Australia and

1284
01:01:59,520 --> 01:02:03,600
Speaker 19: all sorts of areas. And I came back with my

1285
01:02:03,680 --> 01:02:06,480
Speaker 19: tail in between my legs, and I was no longer

1286
01:02:07,400 --> 01:02:09,840
Speaker 19: viewed in a positive light by people in the industry here.

1287
01:02:10,160 --> 01:02:13,560
Speaker 2: And that is that on you or was that just

1288
01:02:13,560 --> 01:02:15,880
Speaker 2: a set of circumstances beyond dual control.

1289
01:02:16,240 --> 01:02:18,800
Speaker 19: I think it's you know, in retrospect, it's probably a

1290
01:02:18,800 --> 01:02:23,160
Speaker 19: bit of both. You know, I always had the idea

1291
01:02:23,280 --> 01:02:26,480
Speaker 19: and mindset of I'm going to put New Zealand on

1292
01:02:26,480 --> 01:02:29,880
Speaker 19: my back and take it to the world. And I

1293
01:02:29,920 --> 01:02:34,520
Speaker 19: was never, never ashamed of that, and I definitely wasn't

1294
01:02:34,560 --> 01:02:37,120
Speaker 19: afraid to step on some throats but to do that,

1295
01:02:37,240 --> 01:02:39,640
Speaker 19: and I think I had the right sort of mindset.

1296
01:02:40,320 --> 01:02:42,360
Speaker 19: But you know, when you try and apply that in

1297
01:02:42,400 --> 01:02:44,760
Speaker 19: a very radical way, sometimes it comes back to it.

1298
01:02:44,840 --> 01:02:47,000
Speaker 2: So you're a bit competitive for their liking.

1299
01:02:47,720 --> 01:02:49,560
Speaker 3: I think that's that's a great way of putting it.

1300
01:02:49,600 --> 01:02:51,800
Speaker 2: Yeah, okay, so what they would like is for you

1301
01:02:51,880 --> 01:02:53,960
Speaker 2: to come along, be grateful that you're a talent being

1302
01:02:53,960 --> 01:02:56,480
Speaker 2: picked up by a record label. They'll manage you, you

1303
01:02:56,520 --> 01:02:58,520
Speaker 2: do as you say, and that'll all work out well.

1304
01:02:58,600 --> 01:03:00,040
Speaker 2: Is That's sort of the way it's supposed to.

1305
01:03:00,520 --> 01:03:02,280
Speaker 19: Yeah, And to be fair, you know, all of my

1306
01:03:02,320 --> 01:03:07,240
Speaker 19: initial success was with this record label. But yeah, it's

1307
01:03:07,280 --> 01:03:10,960
Speaker 19: a petty game and a lot of people are very, yeah,

1308
01:03:11,120 --> 01:03:13,400
Speaker 19: very petty, and so you know, once I came back

1309
01:03:13,400 --> 01:03:15,920
Speaker 19: with my tail between my legs, I think, you know,

1310
01:03:16,080 --> 01:03:18,600
Speaker 19: they wanted to prove a point and sort of bury

1311
01:03:18,640 --> 01:03:21,600
Speaker 19: my stuff. And it never sort of reached the same

1312
01:03:21,640 --> 01:03:23,920
Speaker 19: heights as it did. But you know, I have a

1313
01:03:23,960 --> 01:03:26,880
Speaker 19: great core group of fans who you know. I still

1314
01:03:26,920 --> 01:03:29,320
Speaker 19: got to tour the world after on my own world

1315
01:03:29,400 --> 01:03:33,320
Speaker 19: tour and that was amazing. But you know, to reach

1316
01:03:33,400 --> 01:03:36,160
Speaker 19: those heights, you definitely need a machine behind me.

1317
01:03:36,240 --> 01:03:38,080
Speaker 2: I was going to ask that. So you're still telling

1318
01:03:38,080 --> 01:03:40,200
Speaker 2: me in twenty twenty four, because there's so much of this.

1319
01:03:40,280 --> 01:03:41,880
Speaker 2: I did it in my bedroom, and I've got my

1320
01:03:41,920 --> 01:03:43,800
Speaker 2: own recorder, and i put it on TikTok, and I've

1321
01:03:43,800 --> 01:03:46,800
Speaker 2: gone to the world and beaten success. You're arguing that

1322
01:03:46,840 --> 01:03:49,280
Speaker 2: there's still a structure in the music industry that requires

1323
01:03:49,280 --> 01:03:51,400
Speaker 2: an established record label or a group of people to

1324
01:03:51,400 --> 01:03:52,800
Speaker 2: get you out to the world successfully.

1325
01:03:53,080 --> 01:03:55,840
Speaker 19: I would definitely say so. And I could sit here

1326
01:03:56,000 --> 01:03:58,080
Speaker 19: and debate that point for a very long time.

1327
01:03:59,000 --> 01:03:59,200
Speaker 11: You know.

1328
01:03:59,440 --> 01:04:03,480
Speaker 19: I think people like to have the idea that you

1329
01:04:03,520 --> 01:04:06,560
Speaker 19: can do it from your bedroom, and that it seems

1330
01:04:06,600 --> 01:04:09,640
Speaker 19: like a very attractive idea and theory. But the way

1331
01:04:09,680 --> 01:04:12,720
Speaker 19: that the internet works and the current industry works, I

1332
01:04:12,760 --> 01:04:16,400
Speaker 19: would argue you need a structure more than ever, just

1333
01:04:16,440 --> 01:04:19,120
Speaker 19: with the way it sort of goes at the moment.

1334
01:04:20,080 --> 01:04:20,840
Speaker 3: And yeah, I wouldn't know.

1335
01:04:20,800 --> 01:04:22,520
Speaker 19: Where to start off if I were, if I was

1336
01:04:22,560 --> 01:04:24,200
Speaker 19: starting off now, And like I was saying to you

1337
01:04:24,240 --> 01:04:26,880
Speaker 19: off air, I'm very grateful for, you know, the journey

1338
01:04:26,880 --> 01:04:29,760
Speaker 19: that I had, even in retrospect with all the ups

1339
01:04:29,760 --> 01:04:32,280
Speaker 19: and downs, I'm grateful that I did have that machine

1340
01:04:32,320 --> 01:04:35,000
Speaker 19: to take me to places because I wouldn't know where

1341
01:04:35,000 --> 01:04:37,280
Speaker 19: to begin now. But yeah, I would say that that

1342
01:04:37,360 --> 01:04:40,680
Speaker 19: you definitely need those people more than ever. But they're

1343
01:04:40,720 --> 01:04:43,000
Speaker 19: just sort of disguised in different ways, I guess.

1344
01:04:43,080 --> 01:04:45,760
Speaker 2: So what's your state of mind where as this realization

1345
01:04:45,920 --> 01:04:48,680
Speaker 2: came to you? You bit are angry, grateful?

1346
01:04:49,320 --> 01:04:52,200
Speaker 3: I think, yeah, probably all of the above. I think it's.

1347
01:04:53,360 --> 01:04:56,400
Speaker 19: Yeah, I think once you know, once you've tasted these heights,

1348
01:04:56,520 --> 01:04:58,840
Speaker 19: it's it's hard to let go of. You know, everyone

1349
01:04:58,880 --> 01:05:02,960
Speaker 19: has an ego. But yeah, I'm very very grateful. I

1350
01:05:02,960 --> 01:05:06,640
Speaker 19: think grateful would be a good sixty five percent chunk

1351
01:05:06,640 --> 01:05:07,320
Speaker 19: of that pie.

1352
01:05:08,160 --> 01:05:11,840
Speaker 3: But yeah, it's an ongoing sort of I wouldn't.

1353
01:05:11,480 --> 01:05:13,000
Speaker 19: Call it a battle. It's sort of call it a

1354
01:05:13,080 --> 01:05:15,760
Speaker 19: journey that I'm sort of on at the moment. You know,

1355
01:05:15,920 --> 01:05:19,360
Speaker 19: some days I wake up and I sort.

1356
01:05:19,200 --> 01:05:21,320
Speaker 3: Of clinched my first at the air.

1357
01:05:21,280 --> 01:05:23,920
Speaker 19: And think, you know, still I still have it in

1358
01:05:23,920 --> 01:05:26,560
Speaker 19: the tank, you know, like I can still play for

1359
01:05:26,760 --> 01:05:29,640
Speaker 19: thousands of people, and I feel like I'm better than ever,

1360
01:05:29,720 --> 01:05:32,400
Speaker 19: and I feel like my songs and songwriting's getting better

1361
01:05:32,440 --> 01:05:35,240
Speaker 19: than ever. So that in a sense, you know, it's

1362
01:05:35,400 --> 01:05:38,920
Speaker 19: very bittersweet, but you know, I'd be silly to not

1363
01:05:38,960 --> 01:05:41,880
Speaker 19: be grateful for the amazing experiences I've had. You know,

1364
01:05:42,000 --> 01:05:46,240
Speaker 19: like I came into music with the goal of playing

1365
01:05:46,360 --> 01:05:48,440
Speaker 19: R and V and having one hundred thousand streams on

1366
01:05:48,480 --> 01:05:50,640
Speaker 19: my song, and you know, I got to open for

1367
01:05:50,760 --> 01:05:53,600
Speaker 19: Edge here and have my own world tour, and I

1368
01:05:53,640 --> 01:05:56,400
Speaker 19: got three hundred million streams. So it's you know, I

1369
01:05:56,480 --> 01:05:59,640
Speaker 19: really blew it out out the part compared to my

1370
01:05:59,680 --> 01:06:01,360
Speaker 19: initial expectations.

1371
01:06:01,400 --> 01:06:04,640
Speaker 3: But you know it's like once you taste that, you

1372
01:06:04,720 --> 01:06:05,600
Speaker 3: want more, you know.

1373
01:06:05,760 --> 01:06:08,480
Speaker 19: Yeah, I think everyone sort of can allude to that

1374
01:06:08,520 --> 01:06:10,880
Speaker 19: in their own way in their life. But you know,

1375
01:06:11,000 --> 01:06:14,720
Speaker 19: looking back and looking forward, I've got some really exciting

1376
01:06:14,760 --> 01:06:18,040
Speaker 19: doors that are opening in other fields. And you know,

1377
01:06:18,400 --> 01:06:20,320
Speaker 19: if it was never going to happen in the future,

1378
01:06:20,360 --> 01:06:23,600
Speaker 19: I can definitely look back and be incredibly grateful. It's

1379
01:06:24,320 --> 01:06:26,880
Speaker 19: a zero point zero zero zero one thing that I've

1380
01:06:26,880 --> 01:06:29,080
Speaker 19: got to do. And you know, the people are the

1381
01:06:29,240 --> 01:06:31,439
Speaker 19: are the ones that come to the shows and listen

1382
01:06:31,480 --> 01:06:35,000
Speaker 19: to the music. So I'm forever grateful for anyone who's

1383
01:06:35,000 --> 01:06:36,280
Speaker 19: listened or got more tender.

1384
01:06:36,800 --> 01:06:38,880
Speaker 2: So you've got an album still to come. There's a

1385
01:06:38,920 --> 01:06:40,600
Speaker 2: story behind that we don't have time to tell, but

1386
01:06:40,640 --> 01:06:42,400
Speaker 2: it will be out hopefully by the end of the year.

1387
01:06:42,680 --> 01:06:45,200
Speaker 2: If you're doing a little bit over the summer, I think, yeah,

1388
01:06:45,560 --> 01:06:48,080
Speaker 2: confess here and there. Yeah, and you're going to sing

1389
01:06:48,160 --> 01:06:50,520
Speaker 2: us a song that has never been released.

1390
01:06:50,720 --> 01:06:50,959
Speaker 19: Yep.

1391
01:06:51,240 --> 01:06:53,680
Speaker 2: In a moment, look, I am look forward to it.

1392
01:06:53,800 --> 01:06:56,400
Speaker 2: More from Mitch James in a moment fourteen past.

1393
01:06:57,160 --> 01:07:00,800
Speaker 1: The Mike Husking Breakfast Full Show podcast on I Heard

1394
01:07:00,880 --> 01:07:02,800
Speaker 1: Radio Howard my News Talk Sippy.

1395
01:07:03,000 --> 01:07:05,520
Speaker 2: He talks every seventeen minutes past eight to Mitch James

1396
01:07:05,560 --> 01:07:07,960
Speaker 2: for the final time until he announces has come back

1397
01:07:08,000 --> 01:07:12,120
Speaker 2: and out of retirement. Consort of stuff. What's the song called?

1398
01:07:12,240 --> 01:07:14,440
Speaker 3: The song is called my Favorite Color and fantastic.

1399
01:07:14,480 --> 01:07:16,880
Speaker 2: It's never been heard, It's not really not it's not

1400
01:07:16,920 --> 01:07:17,520
Speaker 2: out there.

1401
01:07:17,560 --> 01:07:27,200
Speaker 3: Only for you, Mikey. Trying to meeting someone no to.

1402
01:07:31,160 --> 01:07:38,640
Speaker 20: You always feels kind of good too, until that one

1403
01:07:38,800 --> 01:07:43,080
Speaker 20: part of the night when they ask my favorite color,

1404
01:07:43,960 --> 01:07:47,000
Speaker 20: and I have to like, how could I have a

1405
01:07:47,200 --> 01:07:53,720
Speaker 20: telling It's not blue like the Arsan, it's not quite

1406
01:07:53,880 --> 01:07:59,720
Speaker 20: light skies. It's deeper than the stormy scenes. Even when

1407
01:08:00,080 --> 01:08:01,000
Speaker 20: he cried.

1408
01:08:01,640 --> 01:08:06,000
Speaker 2: Well, it's not like me to start off telling him.

1409
01:08:05,960 --> 01:08:13,640
Speaker 20: Lies, But how could I ever describe the color of yours?

1410
01:08:17,600 --> 01:08:24,760
Speaker 20: The color of yours? Hi, It's in my head and

1411
01:08:24,920 --> 01:08:35,920
Speaker 20: it won move coming in like a tide too. I

1412
01:08:36,120 --> 01:08:40,400
Speaker 20: thought it faded with the time, but when I'm out

1413
01:08:40,520 --> 01:08:44,760
Speaker 20: with another it goes all right. So they ask my

1414
01:08:45,000 --> 01:08:51,600
Speaker 20: favorite color. It's not green like the forest. It's not

1415
01:08:51,800 --> 01:08:55,840
Speaker 20: green like the high that we had at my flat

1416
01:08:55,960 --> 01:09:00,760
Speaker 20: that day. We laughed until he cried high. It's not

1417
01:09:01,760 --> 01:09:06,559
Speaker 20: like me to start I'm selling lies. But how could

1418
01:09:07,080 --> 01:09:12,120
Speaker 20: I ever describe the color of your wrist.

1419
01:09:15,720 --> 01:09:17,520
Speaker 2: The color of yours?

1420
01:09:23,040 --> 01:09:26,720
Speaker 20: It's not that I I've been trying to keep you

1421
01:09:26,840 --> 01:09:32,640
Speaker 20: in my mind. It don't matter the person to ask me.

1422
01:09:32,800 --> 01:09:39,880
Speaker 20: Every time when you'd ask me, I've never had to lie.

1423
01:09:40,640 --> 01:09:45,120
Speaker 20: I couldn't wait to say your favorite line, it's the

1424
01:09:45,240 --> 01:09:50,439
Speaker 20: color of your eyes, say.

1425
01:09:50,280 --> 01:09:53,240
Speaker 2: In sessional world. Done, I It's been a pleasure. We'll

1426
01:09:53,280 --> 01:09:55,320
Speaker 2: meet again and talking all that sort of stuff. Give

1427
01:09:55,360 --> 01:09:57,720
Speaker 2: us thirty seconds on your new job? Can you tell

1428
01:09:57,760 --> 01:09:59,040
Speaker 2: us thirty seconds on your new job?

1429
01:09:59,080 --> 01:10:00,920
Speaker 3: Absolutely can reveal a little bit.

1430
01:10:01,680 --> 01:10:03,679
Speaker 19: I'm trying to get into the well, I am getting

1431
01:10:03,720 --> 01:10:07,599
Speaker 19: into the sports media space. I'm doing my own thing

1432
01:10:07,680 --> 01:10:11,920
Speaker 19: with someone who's actually in this building, and that'll be

1433
01:10:12,000 --> 01:10:13,519
Speaker 19: called I'll give it Away.

1434
01:10:13,560 --> 01:10:15,240
Speaker 3: I'll give it away for you, Mike. You've been nice

1435
01:10:15,240 --> 01:10:16,120
Speaker 3: to me over the years.

1436
01:10:16,120 --> 01:10:21,280
Speaker 19: It's a sports culture and sports bidding podcast called Our Year,

1437
01:10:21,439 --> 01:10:24,080
Speaker 19: which is sort of an alluding to the Warriors.

1438
01:10:24,120 --> 01:10:25,240
Speaker 3: It's our year every year.

1439
01:10:25,360 --> 01:10:28,559
Speaker 19: Yeah, and I've got a few really exciting things in

1440
01:10:28,560 --> 01:10:32,280
Speaker 19: the space that I can't reveal too much about because

1441
01:10:32,280 --> 01:10:36,200
Speaker 19: there was some other and bigger entities. But yeah, I'm

1442
01:10:36,280 --> 01:10:40,000
Speaker 19: looking to get knees deep into the sports media space.

1443
01:10:40,040 --> 01:10:43,840
Speaker 19: And that's been a passion of mine much longer than

1444
01:10:43,920 --> 01:10:47,960
Speaker 19: music had been. So I'm very excited and I'm looking

1445
01:10:48,000 --> 01:10:49,960
Speaker 19: forward to chasing another passion.

1446
01:10:50,000 --> 01:10:51,960
Speaker 2: Good on you, mate, Well go well with it, and

1447
01:10:52,280 --> 01:10:54,639
Speaker 2: you're welcome back here anytime. And I've thoroughly enjoyed meeting

1448
01:10:54,640 --> 01:10:56,320
Speaker 2: and chatting with you and listening to your music over

1449
01:10:56,320 --> 01:10:58,040
Speaker 2: the years and stuff always Mike, thanks so nice. To

1450
01:10:58,040 --> 01:11:01,160
Speaker 2: see Mitch James like twenty one the.

1451
01:11:01,360 --> 01:11:06,280
Speaker 1: My costing breakfast with a veeeda retirement communities use to eDV.

1452
01:11:06,960 --> 01:11:09,439
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1453
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1455
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1461
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1469
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1470
01:11:52,080 --> 01:11:55,519
Speaker 2: Breakfast twenty some exclusions apply if you want to chat

1471
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1472
01:11:57,520 --> 01:11:59,640
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1473
01:11:59,640 --> 01:12:01,880
Speaker 2: Best of the Beast, the album, The Lester's Oil, the

1474
01:12:01,920 --> 01:12:04,679
Speaker 2: res V, the Element twelve, It's all there. From About

1475
01:12:04,720 --> 01:12:08,439
Speaker 2: Health Osky twenty five rerun of the interview, Please Mike,

1476
01:12:08,479 --> 01:12:10,880
Speaker 2: Mitch James. Wow, Mitch James, Mike, excuse me, I've never

1477
01:12:10,920 --> 01:12:12,880
Speaker 2: heard of this guy. His voice though, that sweet guitar

1478
01:12:12,960 --> 01:12:17,479
Speaker 2: workers retirement's a waste, Mitch James. He's good, hope, he

1479
01:12:17,560 --> 01:12:19,640
Speaker 2: keeps going, great song. So you like a bit of

1480
01:12:19,680 --> 01:12:22,360
Speaker 2: Mitch James thoroughly enjoyed him. It really was a fantastic story.

1481
01:12:22,360 --> 01:12:25,040
Speaker 2: I remember a year years ago, eight nine years ago this,

1482
01:12:25,320 --> 01:12:27,519
Speaker 2: you know, out of London busking, the whole thing. It

1483
01:12:27,560 --> 01:12:29,479
Speaker 2: was one of those dream come true type things. It's

1484
01:12:29,520 --> 01:12:32,519
Speaker 2: funny how the arc and the circle of life? Can

1485
01:12:32,560 --> 01:12:34,880
Speaker 2: you have an arcanda circle of life in any other circle.

1486
01:12:34,600 --> 01:12:37,440
Speaker 18: Of yess that goes on long enough, it becomes.

1487
01:12:37,120 --> 01:12:38,040
Speaker 2: A circle, doesn't it.

1488
01:12:38,080 --> 01:12:38,800
Speaker 18: That's deep in there.

1489
01:12:38,920 --> 01:12:42,760
Speaker 2: It was fantastic in the Senate yesterday in Australia, very

1490
01:12:42,800 --> 01:12:44,720
Speaker 2: Maori party. So if you think the Mari party was

1491
01:12:44,760 --> 01:12:46,880
Speaker 2: highly entertaining. Hey, you should have been at the Senate

1492
01:12:46,880 --> 01:12:51,639
Speaker 2: of Australia yesterday. Fatima Payment accused Pauline Hanson of racism,

1493
01:12:51,760 --> 01:12:54,320
Speaker 2: questioned her eligibility to sit in the Parliament. This was

1494
01:12:54,360 --> 01:12:58,479
Speaker 2: Hanson doing the questioning. Payment labeled Hanson vindictive, mean and nasty.

1495
01:12:59,040 --> 01:13:02,639
Speaker 2: Then prompted the independ senator Lydia Thorpe to tear up documents,

1496
01:13:02,680 --> 01:13:04,800
Speaker 2: all tearing up documents in parliament? Where have we seen

1497
01:13:04,840 --> 01:13:08,479
Speaker 2: that before? And walk out in support. Labour had joined

1498
01:13:08,520 --> 01:13:11,960
Speaker 2: Hansen to allow documents to be tabled in the Senate

1499
01:13:12,040 --> 01:13:16,519
Speaker 2: questioning Payment's eligibility. Payment fired up the fact that you

1500
01:13:16,600 --> 01:13:20,960
Speaker 2: would say, just weeks ago to Senator Faruki, who's another

1501
01:13:21,000 --> 01:13:25,120
Speaker 2: person piss off back to Pakistan. You're not just vindictive

1502
01:13:25,280 --> 01:13:30,080
Speaker 2: me nasty. You bring disgrace to the human race, so

1503
01:13:30,240 --> 01:13:33,320
Speaker 2: Payment said, while she was honored to live rent free.

1504
01:13:33,320 --> 01:13:36,400
Speaker 2: In Hanson's mind, it was outrageous to waste time in

1505
01:13:36,439 --> 01:13:40,080
Speaker 2: the Senate where there was a legislative agenda to address meantime.

1506
01:13:40,280 --> 01:13:43,960
Speaker 2: Lydia Thorpe walks out, having thrown the papers at Hanson

1507
01:13:44,040 --> 01:13:46,559
Speaker 2: on the way out. She then gives the middle finger

1508
01:13:46,640 --> 01:13:49,360
Speaker 2: over her shoulder as she leaves the chamber. So it's

1509
01:13:49,400 --> 01:13:49,840
Speaker 2: all on.

1510
01:13:49,920 --> 01:13:50,519
Speaker 4: It's pretty good.

1511
01:13:50,600 --> 01:13:52,640
Speaker 18: I haven't heard anybody call somebody to disgrace to the

1512
01:13:52,680 --> 01:13:54,560
Speaker 18: human race as high school precisely.

1513
01:13:54,680 --> 01:13:58,799
Speaker 2: Senate President Sue Lyons has advised the Parliamentary Workplace Support

1514
01:13:58,840 --> 01:14:01,400
Speaker 2: Service of the incident will review it, and they partially

1515
01:14:01,400 --> 01:14:04,320
Speaker 2: reviewed it. Because they've banned old Lydia from the Senate.

1516
01:14:04,400 --> 01:14:07,120
Speaker 2: We've yet to work through because the parliament's not sitting

1517
01:14:07,560 --> 01:14:10,479
Speaker 2: yet again, the Parliament's not sitting in this country, so

1518
01:14:10,520 --> 01:14:12,880
Speaker 2: they haven't got to the Privileges Committee and all of that.

1519
01:14:12,960 --> 01:14:15,120
Speaker 2: So that's that's a bit of fun still to come

1520
01:14:15,160 --> 01:14:17,760
Speaker 2: for next week. But Jesus all going Australia, Australia and

1521
01:14:17,800 --> 01:14:20,280
Speaker 2: New Zealand fun times in twenty twenty four. Right, let's

1522
01:14:20,320 --> 01:14:22,400
Speaker 2: get to Britain in the moment. Rod Liddle this next

1523
01:14:22,439 --> 01:14:24,080
Speaker 2: after the news, which is also.

1524
01:14:23,880 --> 01:14:32,920
Speaker 1: Next big News, bold opinions, the mic asking, breakfast with Vida, retirement, communities,

1525
01:14:33,160 --> 01:14:35,080
Speaker 1: life your Way news, togsad be.

1526
01:14:35,560 --> 01:14:37,320
Speaker 2: That's the other thing out of Australia should have told

1527
01:14:37,320 --> 01:14:38,920
Speaker 2: you about before the news, but it didn't have time.

1528
01:14:38,960 --> 01:14:42,360
Speaker 2: Independent MP Andrew Wilkie, this is the business. They're running

1529
01:14:42,360 --> 01:14:43,840
Speaker 2: the Parliament up until the end of the week and

1530
01:14:43,880 --> 01:14:45,240
Speaker 2: then that's it for the year. And they got a

1531
01:14:45,240 --> 01:14:46,880
Speaker 2: whole bunch of stuff they want to try and get through,

1532
01:14:46,880 --> 01:14:51,439
Speaker 2: one of which is this much talked about social media band,

1533
01:14:51,479 --> 01:14:53,920
Speaker 2: which doesn't appear to be going particularly well for them.

1534
01:14:53,960 --> 01:14:57,360
Speaker 2: And the Independent MP Andrew Wilkie said yesterday he had

1535
01:14:57,360 --> 01:15:00,800
Speaker 2: backflipped on supporting They thought they had, now they don't.

1536
01:15:01,200 --> 01:15:03,600
Speaker 2: He said, I've backflip because I've worked out and I

1537
01:15:03,640 --> 01:15:07,160
Speaker 2: have a confession to make. The whole thing's nonsense. So

1538
01:15:07,520 --> 01:15:11,280
Speaker 2: as far as beckflips go, that's quite good. Meantime, in Britain,

1539
01:15:12,080 --> 01:15:13,160
Speaker 2: here's kimming.

1540
01:15:13,800 --> 01:15:17,679
Speaker 21: While he flies around making unilateral commitments. Back home.

1541
01:15:17,960 --> 01:15:18,879
Speaker 3: The real world.

1542
01:15:18,680 --> 01:15:22,320
Speaker 21: Effects are businesses closing in Bedfordshire and Basildon. Does the

1543
01:15:22,360 --> 01:15:25,479
Speaker 21: Prime Minister stand by his promise to ban the sale

1544
01:15:25,520 --> 01:15:29,040
Speaker 21: of petrol cars by twenty thirty even if more jobs

1545
01:15:29,040 --> 01:15:29,599
Speaker 21: will be lost.

1546
01:15:29,920 --> 01:15:31,840
Speaker 2: So the pressures on, of course, and it's not just

1547
01:15:31,880 --> 01:15:33,800
Speaker 2: in Britain but all over Europe. At the moment he

1548
01:15:33,880 --> 01:15:34,840
Speaker 2: is Sekiah.

1549
01:15:34,600 --> 01:15:36,800
Speaker 7: I would remind the leader of the Opposition that the

1550
01:15:36,880 --> 01:15:39,880
Speaker 7: Evy mandates that are an issue in this particular case,

1551
01:15:40,280 --> 01:15:42,919
Speaker 7: were actually introduced by the last government.

1552
01:15:44,600 --> 01:15:48,519
Speaker 13: International correspondence with ends and eye insurance, peace of mind

1553
01:15:48,560 --> 01:15:49,960
Speaker 13: for New Zealand business in Britain.

1554
01:15:50,080 --> 01:15:51,200
Speaker 2: A little morning, mates.

1555
01:15:52,080 --> 01:15:55,559
Speaker 12: Good morning, she's beginning to she's beginning to chip away

1556
01:15:55,600 --> 01:15:59,360
Speaker 12: at Sakiah and is easily on top. Sure in pmp's

1557
01:15:59,560 --> 01:16:04,280
Speaker 12: most most times. These are interesting times.

1558
01:16:04,520 --> 01:16:07,839
Speaker 2: Indeed, how much trouble is the government in industrial Britain.

1559
01:16:09,760 --> 01:16:14,439
Speaker 12: It's in huge trouble. You know. It's now become all

1560
01:16:14,520 --> 01:16:17,519
Speaker 12: those decliche to say that the first one hundred years,

1561
01:16:17,760 --> 01:16:20,599
Speaker 12: first one hundred days of the God forbid for one

1562
01:16:20,640 --> 01:16:23,160
Speaker 12: hundred years, those one hundred days of the clear Starma

1563
01:16:23,240 --> 01:16:26,920
Speaker 12: administration was the worst in history and certainly the worst

1564
01:16:26,920 --> 01:16:29,759
Speaker 12: sins in nineteen thirty. It's a Ramsey McDonald. I suppose

1565
01:16:29,760 --> 01:16:34,080
Speaker 12: you might argue. The suspicion now is that the second

1566
01:16:34,160 --> 01:16:37,080
Speaker 12: one hundred days it's going to be even worse. You know,

1567
01:16:37,240 --> 01:16:40,800
Speaker 12: it really is looking grin. Partly is the consequence of

1568
01:16:40,840 --> 01:16:43,120
Speaker 12: the budget. Partly is the consequence of things that the

1569
01:16:43,120 --> 01:16:47,200
Speaker 12: government can't adjudicate for but might have taken into mind.

1570
01:16:47,720 --> 01:16:50,439
Speaker 12: So the stuff it wants to do, which is grow

1571
01:16:50,479 --> 01:16:56,040
Speaker 12: the economy, it can't do that because the employers are

1572
01:16:56,080 --> 01:17:00,840
Speaker 12: handstrung by this increase in national insurance and so they

1573
01:17:00,880 --> 01:17:03,400
Speaker 12: cannot pay more wages, They cannot take more step on

1574
01:17:03,760 --> 01:17:08,960
Speaker 12: without incurring excessive debts. Similarly, you know they put up

1575
01:17:09,040 --> 01:17:13,000
Speaker 12: this year the year twenty thirty year zero stuff. This

1576
01:17:13,120 --> 01:17:16,320
Speaker 12: is ed Milliban's brainchild, a man who should not be

1577
01:17:16,479 --> 01:17:20,400
Speaker 12: near the leavers of power. And already that is beginning

1578
01:17:20,439 --> 01:17:24,400
Speaker 12: to sap as a consequence of the people who make

1579
01:17:24,479 --> 01:17:27,280
Speaker 12: the electric cars which would enable us to move towards

1580
01:17:27,280 --> 01:17:30,040
Speaker 12: that position, getting the hell out of the country because

1581
01:17:30,080 --> 01:17:34,559
Speaker 12: the climate industrially isn't right for them to invest. And

1582
01:17:34,640 --> 01:17:38,240
Speaker 12: that is a damning indictment of a government which said

1583
01:17:38,320 --> 01:17:40,799
Speaker 12: that it was going to grow the economy. The economy

1584
01:17:40,800 --> 01:17:45,800
Speaker 12: is shrinking, may go into recession and also keep inflation down.

1585
01:17:45,840 --> 01:17:48,040
Speaker 4: Inflation has risen exactly.

1586
01:17:48,080 --> 01:17:49,800
Speaker 2: So where are we at with the Texas because last

1587
01:17:49,800 --> 01:17:52,240
Speaker 2: time we talked, I think there was that speculation that

1588
01:17:52,280 --> 01:17:55,240
Speaker 2: the economy was so mired that they would need to

1589
01:17:55,240 --> 01:17:57,360
Speaker 2: put up more Texas. Is that going to happen or not?

1590
01:17:59,080 --> 01:18:04,960
Speaker 12: Who knows, mate. Here's what we do know that stung

1591
01:18:05,280 --> 01:18:09,040
Speaker 12: by the criticism of the budget and by the furious

1592
01:18:09,120 --> 01:18:12,679
Speaker 12: reaction of the Confederation of British Industry and also industries

1593
01:18:12,720 --> 01:18:17,000
Speaker 12: individually about what these rises in national insurance will mean

1594
01:18:17,160 --> 01:18:23,479
Speaker 12: for their business. The Chancellor of Rachel Reasons will wheeled

1595
01:18:23,479 --> 01:18:27,760
Speaker 12: out to say there will be no more hikes in taxes.

1596
01:18:28,200 --> 01:18:31,479
Speaker 12: That's it, there will be no more. Oh well, we

1597
01:18:31,560 --> 01:18:35,120
Speaker 12: all sat back with a degree of relief, until five

1598
01:18:35,120 --> 01:18:40,920
Speaker 12: minutes later she was contradicted by a cabinet collie who said, well,

1599
01:18:40,960 --> 01:18:45,800
Speaker 12: there might be a few. This is the way the

1600
01:18:45,840 --> 01:18:49,040
Speaker 12: government is going at the moment. It really has been

1601
01:18:49,040 --> 01:18:53,599
Speaker 12: a catastrophic one hundred and fifty days for labor and

1602
01:18:53,760 --> 01:18:56,200
Speaker 12: there are no signs of the moment that it's getting

1603
01:18:56,240 --> 01:18:57,080
Speaker 12: any better at all.

1604
01:18:57,280 --> 01:19:00,519
Speaker 2: Here's my problem in my ongoing fascination with like versus

1605
01:19:00,520 --> 01:19:02,840
Speaker 2: Tory government. So I'm reading with a great deal of interest.

1606
01:19:02,840 --> 01:19:05,400
Speaker 2: There's there's million young people who do nothing. They're not

1607
01:19:05,439 --> 01:19:08,160
Speaker 2: in education, they're not in training, they're basically unemployed. They're

1608
01:19:08,200 --> 01:19:10,519
Speaker 2: going to be paid neither the list. So this new

1609
01:19:10,600 --> 01:19:12,920
Speaker 2: labor government comes out and goes, well, look, you know

1610
01:19:13,040 --> 01:19:15,640
Speaker 2: we're going to guarantee you some training, some apprenticeships and

1611
01:19:15,680 --> 01:19:18,440
Speaker 2: all that sort of stuff. How was it ever possible

1612
01:19:19,080 --> 01:19:22,679
Speaker 2: that a Tory government was in power for so long

1613
01:19:22,840 --> 01:19:26,160
Speaker 2: and allowed people to sit and do nothing and yet

1614
01:19:26,280 --> 01:19:27,560
Speaker 2: paid them.

1615
01:19:27,120 --> 01:19:31,040
Speaker 12: There is no question about it that this is a

1616
01:19:31,080 --> 01:19:35,200
Speaker 12: conservative government's fault, that they have allowed it broken the

1617
01:19:35,240 --> 01:19:38,920
Speaker 12: social contract in a way to a degree where it

1618
01:19:39,040 --> 01:19:42,680
Speaker 12: made no sense if you were of a certain if

1619
01:19:42,760 --> 01:19:44,839
Speaker 12: you if you have a limited de career of education,

1620
01:19:45,479 --> 01:19:47,360
Speaker 12: if you were part of what we used to call

1621
01:19:47,400 --> 01:19:50,280
Speaker 12: the working class, it made no sense to go out

1622
01:19:50,320 --> 01:19:52,280
Speaker 12: to work because the wages were so low and the

1623
01:19:52,320 --> 01:19:56,680
Speaker 12: benefits were so high. It really is that simple, you know.

1624
01:19:57,120 --> 01:20:00,960
Speaker 12: But but tackling that and there's a better chance of

1625
01:20:01,040 --> 01:20:05,439
Speaker 12: doing it than the Tories for obvious reasons. Attacking that

1626
01:20:05,600 --> 01:20:10,599
Speaker 12: means offending the vast poverty industry, which will immediately say

1627
01:20:10,640 --> 01:20:12,960
Speaker 12: you can't do that, you can't cut benefits, you can't

1628
01:20:13,280 --> 01:20:16,800
Speaker 12: make it harder the people, because people will die and

1629
01:20:16,920 --> 01:20:19,680
Speaker 12: this clamor will go up and the government will be

1630
01:20:19,720 --> 01:20:22,680
Speaker 12: in more trouble. But you're absolutely right, this was a

1631
01:20:22,680 --> 01:20:24,200
Speaker 12: conservative government's failure.

1632
01:20:24,640 --> 01:20:27,759
Speaker 2: I note that JK. Rowling is thrilled with the Women's

1633
01:20:27,760 --> 01:20:28,800
Speaker 2: Footballer of the Year.

1634
01:20:31,280 --> 01:20:35,600
Speaker 12: Yes, so the BBC has this competitional women's Footballer of

1635
01:20:35,640 --> 01:20:38,600
Speaker 12: the Year and the people change with drawing up the

1636
01:20:38,600 --> 01:20:42,679
Speaker 12: short list, really have two criteria upon which to choose

1637
01:20:43,320 --> 01:20:45,880
Speaker 12: that it must be a footballer and it must be

1638
01:20:45,920 --> 01:20:52,160
Speaker 12: a woman. They failed on one of those. They chose

1639
01:20:52,240 --> 01:20:57,519
Speaker 12: Barbara Banda from Zambia, who is effectively a man, has

1640
01:20:57,560 --> 01:21:06,559
Speaker 12: just failed. That's refused consistently actually to be tested, who

1641
01:21:06,640 --> 01:21:11,040
Speaker 12: scores hundreds of golden much as I would even now

1642
01:21:11,720 --> 01:21:15,720
Speaker 12: I think, well, maybe that's just me. And it has

1643
01:21:16,320 --> 01:21:20,519
Speaker 12: enraged women in this country, those women who don't sign

1644
01:21:20,560 --> 01:21:23,080
Speaker 12: up to the fact that because someone liked me might

1645
01:21:23,120 --> 01:21:26,200
Speaker 12: say well, actually I'm a lady, that they actually are

1646
01:21:26,240 --> 01:21:30,400
Speaker 12: a lady. And it's more of the BBC's progressive woke

1647
01:21:30,439 --> 01:21:33,439
Speaker 12: of gender. It didn't need to get itself into this

1648
01:21:33,520 --> 01:21:37,400
Speaker 12: trouble over this issue, but it wanted to because it

1649
01:21:37,520 --> 01:21:41,479
Speaker 12: thinks it's pushing at the barriers of its energy and

1650
01:21:41,560 --> 01:21:43,560
Speaker 12: it's all very very embarrassing.

1651
01:21:43,880 --> 01:21:45,360
Speaker 2: Erdie all right, Mike, you have a good week in

1652
01:21:45,439 --> 01:21:47,280
Speaker 2: we'll catch up next week. Rod Little out of Britain

1653
01:21:47,320 --> 01:21:49,680
Speaker 2: this morning, as regard to Casey Costello, who was on

1654
01:21:49,720 --> 01:21:52,599
Speaker 2: the program earlier with our smoke Free Plans betweenty twenty five,

1655
01:21:53,000 --> 01:21:56,000
Speaker 2: I note in Britain that they've begged plans to make

1656
01:21:56,000 --> 01:21:58,360
Speaker 2: it illegal. I raised it whether she still argues it's

1657
01:21:58,400 --> 01:21:59,880
Speaker 2: not affect that they're beg plans to make it at

1658
01:22:00,040 --> 01:22:03,880
Speaker 2: legal for anyone currently fifteen or younger to ever buy

1659
01:22:03,920 --> 01:22:07,639
Speaker 2: cigarettes in the UK. So it was originally a Sunic idea.

1660
01:22:07,720 --> 01:22:10,679
Speaker 2: But it's the tobacco and Vapesville past the first comments

1661
01:22:10,760 --> 01:22:13,320
Speaker 2: hurdle four fifteen to forty seven. So it's got plenty

1662
01:22:13,360 --> 01:22:16,240
Speaker 2: of support. Capla Toriest, couple of libertem's raised issues about

1663
01:22:16,240 --> 01:22:19,120
Speaker 2: civil liberties, but they seem to be on that pathway

1664
01:22:19,160 --> 01:22:22,120
Speaker 2: and we've chosen not to be. Eight forty five.

1665
01:22:23,439 --> 01:22:27,880
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered

1666
01:22:27,880 --> 01:22:28,599
Speaker 1: by News Talks.

1667
01:22:28,600 --> 01:22:31,800
Speaker 2: A'd be for for early Britain. Smithfield's if you've been

1668
01:22:31,840 --> 01:22:34,160
Speaker 2: there nine hundred years old. They're closing it. They've made

1669
01:22:34,160 --> 01:22:36,439
Speaker 2: the call. The City of London's made the call. Meat market.

1670
01:22:36,439 --> 01:22:40,559
Speaker 2: Of course, it's an amazing thing to think something's been

1671
01:22:40,600 --> 01:22:44,920
Speaker 2: there for nine hundred years. Anyway, they were going to

1672
01:22:44,920 --> 01:22:46,439
Speaker 2: move it. Now they decided not even to move it.

1673
01:22:46,479 --> 01:22:48,040
Speaker 2: They're going to close. It's going to cost about six

1674
01:22:48,080 --> 01:22:50,320
Speaker 2: hundred million dollars worth of compensation to get the traders out.

1675
01:22:50,360 --> 01:22:51,920
Speaker 2: It's going to be turned into hotels and markets and

1676
01:22:51,960 --> 01:22:53,920
Speaker 2: all that sort of stuff. So it's open till twenty

1677
01:22:53,960 --> 01:22:56,320
Speaker 2: twenty eight. So if you're going to Britain in the

1678
01:22:56,360 --> 01:22:57,880
Speaker 2: next couple of years, here, you know, might be a

1679
01:22:57,880 --> 01:23:00,479
Speaker 2: little bit of history that is soon on its way. Mike,

1680
01:23:00,720 --> 01:23:02,439
Speaker 2: you a little bit exercises. I thought you would be

1681
01:23:02,439 --> 01:23:05,360
Speaker 2: about old Candace who's been given the don't come Monday

1682
01:23:05,360 --> 01:23:08,639
Speaker 2: to New Zealand. Mike, what is this government doing becoming

1683
01:23:08,680 --> 01:23:10,559
Speaker 2: a joke and more racist? A black woman from the

1684
01:23:10,640 --> 01:23:13,599
Speaker 2: US's band from getting a visa into New Zealand. Brett,

1685
01:23:14,040 --> 01:23:17,200
Speaker 2: she's not banned because she's a black woman and you're

1686
01:23:17,240 --> 01:23:20,280
Speaker 2: sort of trying to toy with us. Mike, welcome to

1687
01:23:20,280 --> 01:23:22,240
Speaker 2: free speech to New Zealand. We're a woman who promotes

1688
01:23:22,280 --> 01:23:28,400
Speaker 2: marriage and traditional parenting. Well, she's not getting viasible mainlya's

1689
01:23:28,400 --> 01:23:30,280
Speaker 2: because you didn't get one. For Australia down playing the

1690
01:23:30,320 --> 01:23:33,479
Speaker 2: impact of the Holocaust, comments about Menglay through to claims

1691
01:23:33,479 --> 01:23:35,760
Speaker 2: the Muslim started slavery. It's not really about parenting all

1692
01:23:35,800 --> 01:23:38,960
Speaker 2: being black, it's about being superdup the controversial. The Australians

1693
01:23:39,000 --> 01:23:41,880
Speaker 2: don't like us Section fifteen to one break ITTs f

1694
01:23:42,720 --> 01:23:44,240
Speaker 2: may not be granted a visa to come to New

1695
01:23:44,320 --> 01:23:47,360
Speaker 2: Zealand if they've been excluded from another country. Australia's national

1696
01:23:47,360 --> 01:23:51,920
Speaker 2: interest is best served when candas owners somewhere else. That's

1697
01:23:52,040 --> 01:23:55,240
Speaker 2: Tony Book, who's the Immigration min it'ster quite a good line.

1698
01:23:55,720 --> 01:23:57,600
Speaker 2: She was due in Sydney, Melbourne, Perth and Adelais. She

1699
01:23:57,640 --> 01:24:01,240
Speaker 2: was due here. I think in February. I personally couldn't care.

1700
01:24:01,280 --> 01:24:02,880
Speaker 2: I'm you know, you want to go listen to someone speak,

1701
01:24:02,920 --> 01:24:04,439
Speaker 2: let them speak, and let them into the country. That

1702
01:24:04,479 --> 01:24:06,960
Speaker 2: sort of stuff doesn't bother me. But you know, if

1703
01:24:07,000 --> 01:24:09,240
Speaker 2: you're going to argue your case, don't argue it along

1704
01:24:09,280 --> 01:24:11,640
Speaker 2: the lines of why she got blocked. It was not

1705
01:24:11,720 --> 01:24:14,719
Speaker 2: because she's black, and it's not because she promotes old

1706
01:24:14,720 --> 01:24:18,639
Speaker 2: fashioned family parenting. Eleven Away from nine the.

1707
01:24:18,680 --> 01:24:21,960
Speaker 1: Mike Hosking Breakfast with the Range Rover Villain News.

1708
01:24:22,040 --> 01:24:23,800
Speaker 2: Tom said, b which I mean a little something I

1709
01:24:23,800 --> 01:24:26,960
Speaker 2: saw yesterday. Anthony Mason, who's a fairly well known American reporter,

1710
01:24:27,040 --> 01:24:29,400
Speaker 2: was doing a piece of this last Sunday on CBS

1711
01:24:29,400 --> 01:24:32,040
Speaker 2: Mornings on Sunday with Paul Simon, and he had done

1712
01:24:32,080 --> 01:24:33,479
Speaker 2: him earlier on in the year, and there's an album

1713
01:24:33,479 --> 01:24:36,240
Speaker 2: that Paul Simon put out called Seven Psalms, and that

1714
01:24:36,479 --> 01:24:39,799
Speaker 2: story in and of itself is quite an interesting story. Anyway,

1715
01:24:40,640 --> 01:24:42,479
Speaker 2: earlier in the year, and then repeated a bit this

1716
01:24:42,600 --> 01:24:46,320
Speaker 2: time round, is Simon's lost ninety four percent of the

1717
01:24:46,360 --> 01:24:48,800
Speaker 2: hearing in one ear and as a result of that,

1718
01:24:48,880 --> 01:24:51,200
Speaker 2: he's and he's sort of gone down the rabbit hole

1719
01:24:51,240 --> 01:24:53,679
Speaker 2: of so many people who look to technology and science

1720
01:24:53,680 --> 01:24:55,439
Speaker 2: and what can change and what can't change, and whether

1721
01:24:55,439 --> 01:24:57,760
Speaker 2: there's any technology coming to help him recover as hearing.

1722
01:24:57,880 --> 01:25:00,160
Speaker 2: To this point, and it's about eight or nine months on,

1723
01:25:00,240 --> 01:25:02,400
Speaker 2: nothing's really changed, which is a shame. So he's having

1724
01:25:02,439 --> 01:25:05,479
Speaker 2: to adjust. He's got some dates. He's retired, but he's

1725
01:25:05,479 --> 01:25:07,639
Speaker 2: got some dates with some performances next year. He doesn't

1726
01:25:07,680 --> 01:25:09,080
Speaker 2: know whether he's going to be able to do it,

1727
01:25:09,080 --> 01:25:10,840
Speaker 2: but he's hopeful at this present point in time, and

1728
01:25:10,840 --> 01:25:13,840
Speaker 2: he's had to adjust his you know, how he sits,

1729
01:25:13,840 --> 01:25:15,920
Speaker 2: where he sits, what sort of recording studio, how many

1730
01:25:15,960 --> 01:25:18,160
Speaker 2: speakers are around him. He can no longer do percussion,

1731
01:25:18,160 --> 01:25:21,000
Speaker 2: there's no sort of music. He's starting to reimagine some

1732
01:25:21,120 --> 01:25:23,599
Speaker 2: of the famous songs and how he can do that

1733
01:25:23,640 --> 01:25:25,800
Speaker 2: without percussion. There's no more you can call me out.

1734
01:25:25,840 --> 01:25:28,559
Speaker 2: He will never sing that particular song again unless he

1735
01:25:28,600 --> 01:25:32,840
Speaker 2: completely reimagines it to something acoustic. It's just a fascinating

1736
01:25:32,880 --> 01:25:35,960
Speaker 2: story on two levels. One what's happened to him? Because

1737
01:25:35,960 --> 01:25:38,360
Speaker 2: I can tell you very sadly he appears and if

1738
01:25:38,400 --> 01:25:40,240
Speaker 2: you're a big fan of his, let me know what

1739
01:25:40,280 --> 01:25:44,439
Speaker 2: you think, because he appears physically, and this is what

1740
01:25:45,080 --> 01:25:49,200
Speaker 2: disability does to people. He appears physically to have gone

1741
01:25:49,400 --> 01:25:53,759
Speaker 2: I think, reasonably dramatically downhill in a very short period

1742
01:25:53,800 --> 01:25:55,479
Speaker 2: of time, i e. Within this year.

1743
01:25:55,680 --> 01:25:57,120
Speaker 18: Could we put them all in a band? Because you've

1744
01:25:57,120 --> 01:25:58,760
Speaker 18: got old Elton with only one eye.

1745
01:25:58,960 --> 01:26:01,800
Speaker 2: There's a lot of it of it going around, I.

1746
01:26:01,720 --> 01:26:06,920
Speaker 18: Mean the drummer and deathly of it obviously, and you

1747
01:26:07,000 --> 01:26:11,280
Speaker 18: know old Phil Collins the most done well. Could if

1748
01:26:11,320 --> 01:26:13,360
Speaker 18: we put them all in a band together, would they

1749
01:26:13,360 --> 01:26:17,000
Speaker 18: make GOE? Not a supergroup but a full artist.

1750
01:26:17,120 --> 01:26:20,120
Speaker 2: But it goes against my general thing. If you love

1751
01:26:20,160 --> 01:26:23,320
Speaker 2: what you do, you can do it forever. It's abundantly

1752
01:26:23,360 --> 01:26:26,000
Speaker 2: not true. Time catches up with you.

1753
01:26:26,160 --> 01:26:30,080
Speaker 18: We had I mentioned there. We he loves it. He's

1754
01:26:30,200 --> 01:26:32,000
Speaker 18: gonna go off and love something else, isn't he.

1755
01:26:32,000 --> 01:26:33,640
Speaker 2: Well that's good though, because he's young enough to be

1756
01:26:33,640 --> 01:26:36,400
Speaker 2: able to do that, and that's the interesting thing. Anyway,

1757
01:26:36,479 --> 01:26:38,080
Speaker 2: I have a look at it, look it up online

1758
01:26:38,080 --> 01:26:40,439
Speaker 2: and see what you think. Let me know what you think.

1759
01:26:40,760 --> 01:26:43,080
Speaker 2: By the way, I also found the Paul Simon documentary

1760
01:26:44,160 --> 01:26:46,519
Speaker 2: that I want to watch in what's it called? In

1761
01:26:46,560 --> 01:26:49,880
Speaker 2: Restless Dreams. I can rent it for ninety nine cents.

1762
01:26:50,400 --> 01:26:52,639
Speaker 2: But if I rent it for ninety nine cents, I've

1763
01:26:52,640 --> 01:26:56,000
Speaker 2: got to watch it within forty eight hours. But it's

1764
01:26:56,000 --> 01:26:57,360
Speaker 2: three and a half hours long and I don't have

1765
01:26:57,400 --> 01:26:58,880
Speaker 2: three and a half hours. So I'm going to try

1766
01:26:58,880 --> 01:27:00,000
Speaker 2: and work out when I have three and a half

1767
01:27:00,000 --> 01:27:01,960
Speaker 2: half hour so I can spend my ninety nine cents

1768
01:27:02,400 --> 01:27:04,680
Speaker 2: five minutes away from nine Trending.

1769
01:27:04,600 --> 01:27:08,480
Speaker 13: Now Quill chemist Wells, the home of big brand Fightamens.

1770
01:27:08,520 --> 01:27:11,120
Speaker 2: Bill Board have released the top twenty five greatest pop

1771
01:27:11,240 --> 01:27:13,360
Speaker 2: Artist of the twenty first century, even though we've got

1772
01:27:13,439 --> 01:27:16,680
Speaker 2: years twenty twenty five, twenty six, twenty seven, twenty to go.

1773
01:27:18,479 --> 01:27:23,639
Speaker 2: Top ten tenth greatest artist of the twenty first century

1774
01:27:23,720 --> 01:27:31,000
Speaker 2: is Adel, followed by Arianna Grandee. Justin Bieber is at eight.

1775
01:27:32,400 --> 01:27:38,240
Speaker 2: Kanye is at seven, Brittany is at six, Lady Gigar

1776
01:27:38,600 --> 01:27:42,519
Speaker 2: is at five. Drake is that only because he puts

1777
01:27:42,520 --> 01:27:43,880
Speaker 2: out so much music you don't know what to do

1778
01:27:43,920 --> 01:27:48,000
Speaker 2: with it? At four Rhianna, huu do the freaking that

1779
01:27:48,120 --> 01:27:52,439
Speaker 2: song is brilliant. Then we get to number one, and

1780
01:27:52,479 --> 01:27:54,080
Speaker 2: you know what number one is, don't you?

1781
01:27:56,280 --> 01:27:57,040
Speaker 3: How to lack?

1782
01:27:57,360 --> 01:27:57,880
Speaker 15: And long?

1783
01:27:58,439 --> 01:28:07,400
Speaker 2: Wrong wrong, wrong, wrong, wrong, wrong wrong wrong. So Beyonce

1784
01:28:07,560 --> 01:28:14,360
Speaker 2: is the greatest artist country music association with Beyonce is

1785
01:28:14,360 --> 01:28:17,799
Speaker 2: the greatest artist of the twenty first century, which means

1786
01:28:17,840 --> 01:28:21,720
Speaker 2: that how many people are upset that this young lady

1787
01:28:21,760 --> 01:28:23,280
Speaker 2: is a number two?

1788
01:28:23,520 --> 01:28:23,680
Speaker 4: Right?

1789
01:28:23,800 --> 01:28:23,840
Speaker 15: No?

1790
01:28:24,000 --> 01:28:26,000
Speaker 4: This is this is Beyonce.

1791
01:28:27,200 --> 01:28:29,720
Speaker 2: Yeah, I said that she's number one? Yeah, and this

1792
01:28:29,800 --> 01:28:31,759
Speaker 2: young lady? Are you not going to play this young lady?

1793
01:28:32,280 --> 01:28:33,120
Speaker 4: Who are you talking about?

1794
01:28:33,479 --> 01:28:33,880
Speaker 2: Number two?

1795
01:28:34,320 --> 01:28:36,440
Speaker 18: It's fine ideal with number two, mate.

1796
01:28:37,280 --> 01:28:41,760
Speaker 2: It's it's the is at number two. But then again

1797
01:28:41,800 --> 01:28:44,400
Speaker 2: you can argue that for ever, can't you who is

1798
01:28:44,439 --> 01:28:50,519
Speaker 2: at number seventeen? No point going to mean Shakhira was

1799
01:28:50,600 --> 01:28:51,160
Speaker 2: number seven?

1800
01:28:51,320 --> 01:28:53,080
Speaker 18: What a terrible century this has been so far?

1801
01:28:54,280 --> 01:28:58,680
Speaker 2: Well, it was at number twenty one. Lil Wayne?

1802
01:28:59,160 --> 01:29:02,120
Speaker 18: How can we have Lil Wayne without little Yochtie Drake

1803
01:29:02,760 --> 01:29:05,360
Speaker 18: and Justin Bieber and the top twenty five artists of

1804
01:29:05,400 --> 01:29:06,600
Speaker 18: the whole century.

1805
01:29:06,320 --> 01:29:10,560
Speaker 2: Is because the world has gone mad and on that bombshell,

1806
01:29:10,600 --> 01:29:14,160
Speaker 2: as Jeremy would say, happy days, how it up covered up.

1807
01:29:14,600 --> 01:29:17,519
Speaker 1: For more from the Mic Asking Breakfast, listen live to

1808
01:29:17,640 --> 01:29:20,679
Speaker 1: News Talks at B from six am weekdays, or follow

1809
01:29:20,720 --> 01:29:22,240
Speaker 1: the podcast on iHeartRadio.