1 00:00:01,120 --> 00:00:04,040 Speaker 1: Setting the news agenda and digging into the issues. 2 00:00:04,400 --> 00:00:08,800 Speaker 2: The Mic Hosking Breakfast with our Veda Retirement, Communities, Life 3 00:00:08,960 --> 00:00:10,400 Speaker 2: Your Way news talk said, b. 4 00:00:10,560 --> 00:00:12,639 Speaker 3: What do you local today? Change all around us? We've 5 00:00:12,640 --> 00:00:14,960 Speaker 3: got a new sanctioned system for welfare, a new congestion 6 00:00:15,080 --> 00:00:17,200 Speaker 3: system for robes. We've got new numbers around the cost 7 00:00:17,200 --> 00:00:19,439 Speaker 3: of road repair and its effect on productivity. To the 8 00:00:19,480 --> 00:00:21,000 Speaker 3: Prime Minister that's going to work his way through a 9 00:00:21,000 --> 00:00:23,919 Speaker 3: lot of that. Brian McFadden of Westlife, Keith Duffy and 10 00:00:24,000 --> 00:00:27,520 Speaker 3: Boys own in after Right, Catherine Field still giddy from 11 00:00:27,560 --> 00:00:30,000 Speaker 3: the closing in Trance Rod Liddle in the UK for 12 00:00:30,120 --> 00:00:32,880 Speaker 3: US pasking welcome to the day, seven past six. So 13 00:00:32,920 --> 00:00:34,800 Speaker 3: tell you what I like about local water Done well 14 00:00:35,080 --> 00:00:37,040 Speaker 3: is certainly not the name. The name is stupid, but 15 00:00:37,120 --> 00:00:41,080 Speaker 3: what it improves on Labour's previous ideas is indeed several fold. Firstly, 16 00:00:41,159 --> 00:00:44,519 Speaker 3: councils retain ownership. The idea that a government rolled in 17 00:00:44,560 --> 00:00:47,440 Speaker 3: and stole your assets seemed the most extraordinary bout of arrogance. 18 00:00:48,200 --> 00:00:50,960 Speaker 3: The fact that government ended up literally bribing councils to 19 00:00:51,000 --> 00:00:53,840 Speaker 3: go along shows you just how power hungry and dangerous 20 00:00:53,880 --> 00:00:57,400 Speaker 3: labor was. Some councils actually don't have water issues the 21 00:00:57,440 --> 00:01:00,200 Speaker 3: same way some polytechs were doing very nicely, thank you did, 22 00:01:00,240 --> 00:01:02,640 Speaker 3: and all need up ending. Then we got the numbers. 23 00:01:02,880 --> 00:01:06,280 Speaker 3: Labour wanted four gargantuan operators. That was expanded to ten 24 00:01:07,040 --> 00:01:09,759 Speaker 3: when yet again councils showed them the error of their ways. 25 00:01:09,840 --> 00:01:12,680 Speaker 3: And then we had the Mari hijack, where Labour's obsession 26 00:01:12,720 --> 00:01:15,000 Speaker 3: with making everything about the treaty took away the specific 27 00:01:15,000 --> 00:01:17,560 Speaker 3: issue of water and made it all about race. So 28 00:01:17,880 --> 00:01:20,920 Speaker 3: councils keep their stuff good is allowing them to borrow 29 00:01:21,000 --> 00:01:24,160 Speaker 3: up to five times their income. Wise, that potentially is 30 00:01:24,200 --> 00:01:26,880 Speaker 3: a risk, given some councils have their act together and some, 31 00:01:26,959 --> 00:01:30,039 Speaker 3: of course are useless. The broad idea, though, of debt 32 00:01:30,160 --> 00:01:33,200 Speaker 3: over the lifetime of an asset does make more sense. 33 00:01:33,480 --> 00:01:36,880 Speaker 3: So too, in theory does the collaboration of counsel's idea. 34 00:01:36,959 --> 00:01:41,959 Speaker 3: Although whether councils not actually geographically connected can do business 35 00:01:42,000 --> 00:01:44,240 Speaker 3: in a way that makes sense and is worthwhiless open 36 00:01:44,240 --> 00:01:46,560 Speaker 3: to some speculation. I would have thought, then the five 37 00:01:46,600 --> 00:01:50,280 Speaker 3: times debt question, it's only workable if the problem gets solved. 38 00:01:50,280 --> 00:01:51,800 Speaker 3: I mean, it's like housing if you think about it, 39 00:01:51,840 --> 00:01:54,080 Speaker 3: if you can borrow say five times your income for 40 00:01:54,120 --> 00:01:56,880 Speaker 3: a mortgage, and that is five times, say seventy five 41 00:01:56,920 --> 00:01:59,440 Speaker 3: thousand dollars, that's three hundred and seventy five grand. If 42 00:01:59,440 --> 00:02:01,320 Speaker 3: the house isn't Aukland, you still don't have a house. 43 00:02:01,640 --> 00:02:04,720 Speaker 3: Once again, it's a theory that it will be interesting 44 00:02:04,720 --> 00:02:07,760 Speaker 3: to see whether it plays out properly. Then councils and 45 00:02:07,840 --> 00:02:11,120 Speaker 3: their attitude to debt. Having borrowed, there will of course 46 00:02:11,120 --> 00:02:13,640 Speaker 3: be an interest cost. Do they pay that down or not? 47 00:02:13,800 --> 00:02:16,040 Speaker 3: And if not, do the rate payers pay the premium forever? 48 00:02:16,360 --> 00:02:18,800 Speaker 3: So a few questions to be answered, but the buy 49 00:02:18,919 --> 00:02:22,600 Speaker 3: in seems solid and the hope is reasonable. So potentially 50 00:02:22,680 --> 00:02:25,000 Speaker 3: this government has cracked what the last one couldn't, and 51 00:02:25,040 --> 00:02:28,720 Speaker 3: they did it largely through common sense, not mad ideology. 52 00:02:29,400 --> 00:02:33,320 Speaker 1: Why News of the World in ninety seconds. 53 00:02:32,960 --> 00:02:35,080 Speaker 3: London other night doing it's ref as a knife capital 54 00:02:35,120 --> 00:02:37,480 Speaker 3: no good as an eleven year old and her mum 55 00:02:37,520 --> 00:02:39,680 Speaker 3: have been stabbed a guards the hero. 56 00:02:39,639 --> 00:02:40,520 Speaker 4: He jumped on him. 57 00:02:40,880 --> 00:02:43,040 Speaker 5: The hand in Aho wasn't hanging a knife and they 58 00:02:43,160 --> 00:02:45,040 Speaker 5: just put him down on the floor and just spoil 59 00:02:45,120 --> 00:02:46,720 Speaker 5: him and picked the knife away from him. 60 00:02:46,880 --> 00:02:48,480 Speaker 6: And then a couple of more people don't as well, 61 00:02:48,520 --> 00:02:50,760 Speaker 6: and we just spoiled him and then the police. 62 00:02:50,400 --> 00:02:53,480 Speaker 3: Can this witness thinks the same thing everyone else does. 63 00:02:53,400 --> 00:02:54,799 Speaker 7: Here, just on this treat as well. 64 00:02:55,400 --> 00:02:58,799 Speaker 1: So there was disturbing in the night, but on a 65 00:02:58,919 --> 00:03:03,400 Speaker 1: daytime like a woman a child. It's crazy. 66 00:03:03,440 --> 00:03:05,800 Speaker 7: I mean, I don't feel myself to be saved on 67 00:03:05,840 --> 00:03:06,280 Speaker 7: the street. 68 00:03:06,600 --> 00:03:09,399 Speaker 3: This is less a square by the way. James Raycliffe, 69 00:03:09,360 --> 00:03:10,880 Speaker 3: he's in the news this morning, you know any else, 70 00:03:10,919 --> 00:03:13,840 Speaker 3: Manchester United, all that stuff. He says he no longer 71 00:03:13,840 --> 00:03:15,839 Speaker 3: feels safe in London, doesn't wear a watch. The watch 72 00:03:15,919 --> 00:03:17,680 Speaker 3: thing is a big deal in that part of the world. 73 00:03:17,720 --> 00:03:20,280 Speaker 3: Now to the war where the Ukraine and the offensive 74 00:03:20,320 --> 00:03:21,120 Speaker 3: seems to be working. 75 00:03:21,200 --> 00:03:25,160 Speaker 8: People here are very enthusiastic. They really want to see 76 00:03:25,200 --> 00:03:28,320 Speaker 8: Russia being put under pressure. They really feel very strongly, 77 00:03:28,400 --> 00:03:31,120 Speaker 8: look at the Russians that invaded us, so why can't 78 00:03:31,120 --> 00:03:33,440 Speaker 8: we sort of, you know, stick it to. 79 00:03:33,400 --> 00:03:36,040 Speaker 3: Them if you like? Zelinski certainly upbeat about it. 80 00:03:36,280 --> 00:03:39,480 Speaker 5: Ukraine is proving that it can indeed restore justice and 81 00:03:39,640 --> 00:03:42,240 Speaker 5: ensure the necessary pressure on the aggressive. 82 00:03:42,560 --> 00:03:45,000 Speaker 3: Then stateside a couple of trump things. One he claims 83 00:03:45,000 --> 00:03:46,880 Speaker 3: a crowd singer at in the airport for a heros 84 00:03:46,960 --> 00:03:50,280 Speaker 3: rally was aied tim from Minnesota. Ain't having that. 85 00:03:50,480 --> 00:03:55,240 Speaker 9: On Wednesday, the largest crowd of the campaign showed up 86 00:03:55,240 --> 00:03:56,440 Speaker 9: in Detroit, Michigan. 87 00:03:56,720 --> 00:03:59,720 Speaker 2: It's not as if anybody cares about crowd sizes or anything. 88 00:04:01,600 --> 00:04:04,080 Speaker 3: And two, the Trump social media companies still losing money 89 00:04:04,080 --> 00:04:04,880 Speaker 3: and shares it down. 90 00:04:04,960 --> 00:04:09,160 Speaker 10: They generated just eight hundred and thirty seven thousand dollars 91 00:04:09,160 --> 00:04:12,800 Speaker 10: in revenue, that is down thirty percent year over year. 92 00:04:13,240 --> 00:04:16,560 Speaker 3: The losses are piling up. They posted a loss of 93 00:04:16,800 --> 00:04:21,040 Speaker 3: sixteen point four million dollars. Finally, an Australian study published 94 00:04:21,040 --> 00:04:23,680 Speaker 3: in the journal Cancer has looked at deaths from thirty 95 00:04:23,680 --> 00:04:26,000 Speaker 3: different types of cancer and one hundred ninety five countries 96 00:04:26,160 --> 00:04:29,919 Speaker 3: men don't fare well. By twenty fifty cases will have doubled. 97 00:04:29,960 --> 00:04:32,120 Speaker 3: The twenty million old deaths will do the same to 98 00:04:32,160 --> 00:04:34,440 Speaker 3: ten and a half million, especially among men sixty five 99 00:04:34,480 --> 00:04:37,360 Speaker 3: and older. Deaths up some ninety three percent. In Africa 100 00:04:37,440 --> 00:04:39,760 Speaker 3: and the Mead, those numbers are expected to increase by 101 00:04:39,800 --> 00:04:42,960 Speaker 3: two hundred and fifty percent Europe bit better expected to 102 00:04:42,960 --> 00:04:45,160 Speaker 3: get a little bit healthier, actually prevent more. You would 103 00:04:45,160 --> 00:04:48,120 Speaker 3: think that from everything we know about cancer treatment, that 104 00:04:48,160 --> 00:04:50,320 Speaker 3: we'd be heading in the right direction. That is news 105 00:04:50,440 --> 00:04:52,800 Speaker 3: of the world in ninety seconds, just quickly on the war. 106 00:04:53,400 --> 00:04:55,280 Speaker 3: Putin won't be happy at the moment. They got two 107 00:04:55,360 --> 00:04:58,720 Speaker 3: incursions to deal with and major incursions from the Ukrainian 108 00:04:58,760 --> 00:05:02,480 Speaker 3: so he's out quote unquote a worthy response. Meantime, the 109 00:05:02,520 --> 00:05:06,760 Speaker 3: Americans seem increasingly worried about what a run's going to do, 110 00:05:06,839 --> 00:05:10,520 Speaker 3: so they've ordered a carrier strike group with the F 111 00:05:10,560 --> 00:05:13,080 Speaker 3: thirty five ce fighter jets as well as a guided 112 00:05:13,120 --> 00:05:17,240 Speaker 3: missile submarine into the Middle East. So increasingly concerned about 113 00:05:17,279 --> 00:05:22,080 Speaker 3: retaliation from a run. Twelve past six, the. 114 00:05:22,240 --> 00:05:27,040 Speaker 2: Mic Asking Breakfast Full Show podcast on iHeartRadio powered by 115 00:05:27,080 --> 00:05:27,719 Speaker 2: News Talk. 116 00:05:27,600 --> 00:05:30,400 Speaker 3: Zippy has answered my question. I don't know what we 117 00:05:30,480 --> 00:05:33,840 Speaker 3: do about Venezuela because I was asking the question yesterday. 118 00:05:34,640 --> 00:05:36,600 Speaker 3: You know, so everyone disputes the result. What are they 119 00:05:36,600 --> 00:05:38,800 Speaker 3: going to do? Well, they're going to ask for a 120 00:05:38,839 --> 00:05:42,600 Speaker 3: worldwide protest seventeenth of August. I don't know what that's 121 00:05:42,640 --> 00:05:45,080 Speaker 3: going to do. But they say Gonzales is winner. Madeiro 122 00:05:45,120 --> 00:05:48,000 Speaker 3: says he's win. So see what happens. Fifteen past six 123 00:05:48,600 --> 00:05:51,560 Speaker 3: stuff rights having funds management. Let's Tuesday on a Greg 124 00:05:51,600 --> 00:05:54,960 Speaker 3: Smith Morning to You morning. I'm always interested in JB 125 00:05:55,160 --> 00:05:57,480 Speaker 3: High five because they see it. There's sort of two stories. 126 00:05:57,520 --> 00:06:01,160 Speaker 3: There's here and there's there. They the same story this time. 127 00:06:01,200 --> 00:06:02,480 Speaker 3: Are things divergent? 128 00:06:03,440 --> 00:06:06,840 Speaker 11: Quite divergent. So this was interesting really, So yeah, they 129 00:06:06,839 --> 00:06:10,080 Speaker 11: came results for the full years, so sales fell a 130 00:06:10,120 --> 00:06:13,320 Speaker 11: marginal point four percent. Earnings they were down sixteen percent. 131 00:06:13,720 --> 00:06:16,880 Speaker 11: It's sixhid forty seven million, eight dollars. But salts are 132 00:06:16,880 --> 00:06:19,560 Speaker 11: better than expected. But yeah, quite different the stories. So 133 00:06:19,600 --> 00:06:22,560 Speaker 11: the story across the Tasman fourth quarter was strong. JB 134 00:06:22,680 --> 00:06:24,960 Speaker 11: High five sales in Australia two point six percent. They 135 00:06:24,960 --> 00:06:27,880 Speaker 11: had a bit of discounting. They said, July is going well, 136 00:06:27,920 --> 00:06:29,960 Speaker 11: bit different to what Nick Scaley has been saying. Actually, 137 00:06:29,960 --> 00:06:33,400 Speaker 11: but the good guy's business that's also improving, that's benefiting 138 00:06:33,440 --> 00:06:36,760 Speaker 11: from the godfast going to administration. Margins was strong. But yeah, 139 00:06:36,960 --> 00:06:39,440 Speaker 11: different story this side of the ditch there, Mike. New 140 00:06:39,480 --> 00:06:42,400 Speaker 11: Zealand division lost money two point three million, to be precise, 141 00:06:42,400 --> 00:06:45,400 Speaker 11: in the air cost of doing business here up thirty 142 00:06:45,520 --> 00:06:49,640 Speaker 11: five percent. Sales actually grew twelve percent in New Zealand, 143 00:06:49,920 --> 00:06:51,920 Speaker 11: but that was due too only new stores. So when 144 00:06:51,920 --> 00:06:54,240 Speaker 11: you allow for that same sort sales in New Zealand 145 00:06:54,279 --> 00:06:56,440 Speaker 11: were down by almost five percent, So I think just 146 00:06:56,480 --> 00:06:58,960 Speaker 11: highlights might keep consumers are doing it tougher. You know, 147 00:06:59,040 --> 00:07:01,799 Speaker 11: got higher interest right, it's property market is languishing. Measos 148 00:07:01,880 --> 00:07:04,800 Speaker 11: on fire. We're paid less and we've actually got a 149 00:07:04,839 --> 00:07:07,240 Speaker 11: higher relative cost of living even when you strip out COVID. 150 00:07:07,320 --> 00:07:08,800 Speaker 3: So luckily for JB. 151 00:07:08,960 --> 00:07:11,560 Speaker 11: High Fight Australia makes up the line share of sales 152 00:07:12,160 --> 00:07:15,679 Speaker 11: as land to make acquisitions. They've announced in the fifty 153 00:07:15,680 --> 00:07:19,880 Speaker 11: million acquisition of a luxury kitchen, launching bathroom appliants outfit 154 00:07:19,920 --> 00:07:23,160 Speaker 11: and also sharing dividends and spoils of shareholders. So the 155 00:07:23,160 --> 00:07:26,560 Speaker 11: announce the special dividend total payouts including the final divinion 156 00:07:26,640 --> 00:07:29,680 Speaker 11: two hundred million A dollars. So investors like that might 157 00:07:29,760 --> 00:07:32,560 Speaker 11: the shares up eight percent new record high for JB. 158 00:07:32,680 --> 00:07:34,120 Speaker 3: HiFER nice. What about cars? 159 00:07:35,160 --> 00:07:39,600 Speaker 11: Cars actually similar story, it's it's different across the teasman 160 00:07:39,720 --> 00:07:40,240 Speaker 11: versus here. 161 00:07:40,320 --> 00:07:42,000 Speaker 3: So look at car sales. 162 00:07:42,000 --> 00:07:46,800 Speaker 11: So this is the largest digital digital marketplace for vehicles 163 00:07:46,800 --> 00:07:49,640 Speaker 11: in Australia. So they've got around two point six million 164 00:07:49,720 --> 00:07:53,360 Speaker 11: vehicles online. They've got sites in North America and American 165 00:07:53,400 --> 00:07:55,640 Speaker 11: Asia as well, so they're reported to forty one percent 166 00:07:55,640 --> 00:07:59,600 Speaker 11: increase in revenues one point one billion dollars. Earnings are 167 00:07:59,680 --> 00:08:03,600 Speaker 11: up thirty seven eighty one million. They've also been making acquisitions. 168 00:08:03,600 --> 00:08:06,000 Speaker 11: They've also been up in their dividends. They're doing well 169 00:08:06,000 --> 00:08:09,040 Speaker 11: across geographies. Australia that makes up around about forty percent 170 00:08:09,040 --> 00:08:12,320 Speaker 11: of sales. It's going pretty good. Advertising from dealers. I've 171 00:08:12,320 --> 00:08:15,080 Speaker 11: got around almost fifty zerousand of those that was up 172 00:08:15,120 --> 00:08:18,400 Speaker 11: twelve percent. Used car market very robust according to the company, 173 00:08:18,960 --> 00:08:22,200 Speaker 11: and private sales also up ten percent. They reckon the 174 00:08:22,200 --> 00:08:24,239 Speaker 11: twenty twenty five financial gear is going to be equally 175 00:08:24,280 --> 00:08:26,920 Speaker 11: strong revenue in earnings wise, So yeah, Ossie's going well. 176 00:08:27,000 --> 00:08:29,960 Speaker 11: New castles as well are also running at a record. 177 00:08:29,960 --> 00:08:33,360 Speaker 11: Now contrasts that with this side of the tessment. Yeah, 178 00:08:33,360 --> 00:08:34,920 Speaker 11: we're doing it tough. I mean, the second core of 179 00:08:34,960 --> 00:08:38,360 Speaker 11: twenty twenty four was the worst June for new car 180 00:08:38,880 --> 00:08:41,719 Speaker 11: registrations and new for ten years. The AA set that 181 00:08:41,760 --> 00:08:44,680 Speaker 11: sales are down twenty six percent on the same perier 182 00:08:44,679 --> 00:08:47,480 Speaker 11: as last year, and new used castles aren't doing much better. 183 00:08:47,520 --> 00:08:50,480 Speaker 11: See look at passenger registration numbers. They're down ten percent 184 00:08:50,520 --> 00:08:53,000 Speaker 11: on twenty twenty three, they're down fifteen percent. 185 00:08:53,040 --> 00:08:54,520 Speaker 3: On the average of the last three years. 186 00:08:55,280 --> 00:08:57,520 Speaker 11: And yeah, lots of used car yards are struggling, including 187 00:08:57,520 --> 00:09:02,200 Speaker 11: the one behind Helen Clark's Crownlinge dollar Reserve auction. We 188 00:09:02,320 --> 00:09:05,199 Speaker 11: had actually went into liquidation. Yeah exactly, but yeah, real 189 00:09:05,440 --> 00:09:06,439 Speaker 11: real contrast. 190 00:09:06,120 --> 00:09:09,319 Speaker 3: Might Okay, Taiwan talk to me, are you? 191 00:09:09,480 --> 00:09:12,240 Speaker 11: So look, we're talking AI chips here and we're going 192 00:09:12,280 --> 00:09:14,760 Speaker 11: to have to relate to wait to the end of 193 00:09:14,760 --> 00:09:17,120 Speaker 11: the month for results from the Vina Shit stocks actually 194 00:09:17,200 --> 00:09:21,000 Speaker 11: up five percent, that has corrected, it's peaked down around 195 00:09:21,000 --> 00:09:23,080 Speaker 11: about twenty percent, but up one hundred and thirty percent 196 00:09:23,200 --> 00:09:25,520 Speaker 11: year to day. But there's a bit of a guide 197 00:09:25,520 --> 00:09:30,280 Speaker 11: here from Taiwan's semiconductor. So Video is actually just a 198 00:09:30,360 --> 00:09:32,600 Speaker 11: chip designer for all this sort of hype. So it's 199 00:09:32,640 --> 00:09:35,720 Speaker 11: Taiwan semi conduction which actually produces the chips and around 200 00:09:35,760 --> 00:09:39,280 Speaker 11: about ninety percent effect of the advance on ones that 201 00:09:39,280 --> 00:09:41,640 Speaker 11: we're talking about now. They said that sales in July 202 00:09:42,320 --> 00:09:46,800 Speaker 11: were uped forty five percent, so that's the equivalent around 203 00:09:46,880 --> 00:09:49,320 Speaker 11: eight billion US dollars. Now what was driving that? Of course, 204 00:09:49,360 --> 00:09:51,520 Speaker 11: it was AI demand. So they're a real bell whether 205 00:09:51,600 --> 00:09:54,720 Speaker 11: they produced chips for Nvidia, but also AMD and like 206 00:09:54,920 --> 00:09:58,760 Speaker 11: they're also the sole supply of processes for Apple's iPhones, 207 00:09:58,760 --> 00:10:01,040 Speaker 11: and of course we've got the the new model on 208 00:10:01,480 --> 00:10:03,600 Speaker 11: the way shortly, so yeah, look they're running at full 209 00:10:03,640 --> 00:10:06,320 Speaker 11: clip and so by the way of power requirements for 210 00:10:06,360 --> 00:10:08,840 Speaker 11: the industry in Taire one, so they've actually stopped approving 211 00:10:08,920 --> 00:10:13,160 Speaker 11: large data centers in the North due to insufficient power supply. 212 00:10:13,360 --> 00:10:15,440 Speaker 11: And this is a big implication Mike of the AI 213 00:10:15,480 --> 00:10:17,800 Speaker 11: frenzy that was seeing. So look at the average chet 214 00:10:17,840 --> 00:10:22,200 Speaker 11: GBT query. It consumes ten times the electricity as Google 215 00:10:22,200 --> 00:10:25,320 Speaker 11: Search does. So data center demand that's set to consumes 216 00:10:25,440 --> 00:10:28,559 Speaker 11: much as five percent of global electricity demand by the 217 00:10:28,640 --> 00:10:30,400 Speaker 11: end of the decade. So yeah, there's a bit of 218 00:10:30,440 --> 00:10:31,360 Speaker 11: demand there yet. 219 00:10:31,559 --> 00:10:31,839 Speaker 7: Yeah. 220 00:10:32,200 --> 00:10:35,160 Speaker 3: Fortunately we've got a robust power system that will allow 221 00:10:35,240 --> 00:10:37,920 Speaker 3: us to expand at pace. Now, what are the numbers? Greg? 222 00:10:38,400 --> 00:10:40,840 Speaker 11: Okay, the S and P five hundreds actually fled at 223 00:10:40,840 --> 00:10:43,240 Speaker 11: the moment five three four five nare's deck up point 224 00:10:43,280 --> 00:10:46,640 Speaker 11: two percent to sixteen seven seven two down down half 225 00:10:46,640 --> 00:10:48,839 Speaker 11: a percent to thirty nine two eight seven for ce 226 00:10:48,840 --> 00:10:51,640 Speaker 11: one hundred and half percent A two one zero nice 227 00:10:51,640 --> 00:10:53,800 Speaker 11: out point six percent thirty five zero two five A 228 00:10:53,920 --> 00:10:57,440 Speaker 11: six two hundred half percent seven eighty one three, insix 229 00:10:57,480 --> 00:11:00,400 Speaker 11: fifty up point three percent, twelve two eight one Visita 230 00:11:00,400 --> 00:11:03,560 Speaker 11: Cinema software company. There was up a number five percent, 231 00:11:03,559 --> 00:11:06,880 Speaker 11: So fourth game in a row. Daily Gold up thirty 232 00:11:06,880 --> 00:11:09,880 Speaker 11: six bucks two four sixty seven, ann Ounce Oil up 233 00:11:09,920 --> 00:11:13,559 Speaker 11: two dollars seventy seventy nine spot fifty currency markets key higher. 234 00:11:13,360 --> 00:11:14,040 Speaker 3: Across the board. 235 00:11:14,200 --> 00:11:16,760 Speaker 11: We're up point three percent against the US sixty point two. 236 00:11:17,000 --> 00:11:20,080 Speaker 11: Also up point three percent against stealing forty seven point two, 237 00:11:20,440 --> 00:11:22,160 Speaker 11: and we're a point one percent higher against the A 238 00:11:22,240 --> 00:11:23,280 Speaker 11: dollar ninety one point four. 239 00:11:23,400 --> 00:11:25,240 Speaker 3: You have a good day, make catch up tomorrow. Greg Smith, 240 00:11:25,320 --> 00:11:28,600 Speaker 3: devon Funds Management TASKY have very good news for the Americans, 241 00:11:28,679 --> 00:11:30,080 Speaker 3: or at least the Fed this morning. The U or 242 00:11:30,120 --> 00:11:33,679 Speaker 3: FED Survey of Consumer Expectations three year inflation outlook two 243 00:11:33,720 --> 00:11:36,800 Speaker 3: point three percent. That's the lowest since this series began 244 00:11:36,840 --> 00:11:40,079 Speaker 3: in twenty thirteen. Household spending they think it will increase 245 00:11:40,120 --> 00:11:42,560 Speaker 3: four point nine percent. Is that relevant? Yes, because zero 246 00:11:42,600 --> 00:11:45,480 Speaker 3: point two percent are lower than June, which is the 247 00:11:45,480 --> 00:11:47,559 Speaker 3: lowest reading since April of twenty twenty one. So that 248 00:11:47,679 --> 00:11:50,040 Speaker 3: all lines it up nicely for the Fed to do 249 00:11:50,080 --> 00:11:54,599 Speaker 3: something in September six, twenty one, heard News Talk SeeDB. 250 00:12:00,760 --> 00:12:05,240 Speaker 2: The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered 251 00:12:05,280 --> 00:12:06,000 Speaker 2: by News Talks. 252 00:12:06,040 --> 00:12:08,640 Speaker 3: It'd be banks is back again. Told you about the 253 00:12:08,640 --> 00:12:11,120 Speaker 3: aquarium yesterday if you looked it up, beautiful. Probably his 254 00:12:11,200 --> 00:12:13,760 Speaker 3: best work today comes close. Some of the others are 255 00:12:13,760 --> 00:12:17,079 Speaker 3: a bit basic, bit rudimentary. And I'm a massive Banksy fan. 256 00:12:17,080 --> 00:12:19,280 Speaker 3: I pretty much love everything he does. Today's I think 257 00:12:19,400 --> 00:12:22,360 Speaker 3: is bordering on being an active genius. It's in Westmore Street, 258 00:12:22,400 --> 00:12:25,120 Speaker 3: chant and look it up on the net, Southeast London. 259 00:12:25,160 --> 00:12:29,480 Speaker 3: This is It's a rhino mounting a Nissan Micra with 260 00:12:29,600 --> 00:12:31,800 Speaker 3: a traffic cone on its bonnet. It's very funny. 261 00:12:32,240 --> 00:12:34,760 Speaker 4: I still tell you was the car there already? 262 00:12:34,760 --> 00:12:37,040 Speaker 3: Do you think I believe the car was there? I 263 00:12:37,160 --> 00:12:40,840 Speaker 3: think the car's reel. It's parked against a wall. So 264 00:12:40,960 --> 00:12:43,720 Speaker 3: what he's done is put the rhino in the shape. 265 00:12:43,960 --> 00:12:45,920 Speaker 3: It looks like he's sitting and squashed the car. So 266 00:12:45,960 --> 00:12:48,679 Speaker 3: the cars the rhino's on the wall. Hence the genius 267 00:12:48,679 --> 00:12:52,160 Speaker 3: of what he's done. Mike, what's the watch thing in London? 268 00:12:52,200 --> 00:12:54,600 Speaker 3: The watch thing in London is you don't wear a 269 00:12:54,640 --> 00:12:57,000 Speaker 3: watch in London anymore. That can be seen if it's 270 00:12:57,040 --> 00:13:00,600 Speaker 3: flash because people come up on bikes or bikes or 271 00:13:00,600 --> 00:13:03,200 Speaker 3: scooters and they grabbed them off you before they're gone. 272 00:13:03,200 --> 00:13:05,360 Speaker 3: It's a yeah, it's a it's a massive thing. Six 273 00:13:05,480 --> 00:13:06,880 Speaker 3: twenty five trending. 274 00:13:07,200 --> 00:13:10,920 Speaker 1: Now you're one star for Father's Day. 275 00:13:10,960 --> 00:13:14,480 Speaker 3: Fragrances theme developing also in Britain, turbulence of the election. 276 00:13:14,600 --> 00:13:16,360 Speaker 3: The riots are all a bit iberate. So the trend 277 00:13:16,360 --> 00:13:18,800 Speaker 3: developing online apparently is a thing called simpler times. The 278 00:13:18,840 --> 00:13:22,160 Speaker 3: simpler time they've landed on is when famous people openly 279 00:13:22,200 --> 00:13:23,959 Speaker 3: hated each other. Number one clip at the moment with 280 00:13:24,000 --> 00:13:26,720 Speaker 3: twenty one million views. Piers Morgan went on Who Wants 281 00:13:26,760 --> 00:13:29,160 Speaker 3: to Be a Millionaire, hosted of course by Jeremy Clarksham. 282 00:13:29,640 --> 00:13:31,640 Speaker 3: They never liked each other. Peers had a scour on 283 00:13:31,720 --> 00:13:34,360 Speaker 3: us head from Clarkson punching them back in two thousand 284 00:13:34,400 --> 00:13:38,120 Speaker 3: and four. Jeremy's got a crooked finger from punching them. 285 00:13:38,480 --> 00:13:41,560 Speaker 12: Let's put all that behind us and play nicely as 286 00:13:41,559 --> 00:13:44,920 Speaker 12: we welcome the simply awful human being that is Piers Morgan. 287 00:13:45,280 --> 00:13:47,120 Speaker 12: It did say that you should see what I wrote 288 00:13:47,400 --> 00:13:50,959 Speaker 12: much worse, all right, So yeah, peers, organ. 289 00:13:51,240 --> 00:13:52,040 Speaker 4: I'm from Sussex. 290 00:13:52,360 --> 00:13:54,280 Speaker 12: Go you from Sussex, but you have homes in Los 291 00:13:54,280 --> 00:13:57,240 Speaker 12: Angeles in London as well. Yes, and you're a daytime 292 00:13:57,240 --> 00:13:58,000 Speaker 12: television host. 293 00:13:58,520 --> 00:14:01,880 Speaker 13: I'm a breakfast TV star daytime. 294 00:14:01,640 --> 00:14:04,520 Speaker 12: And you're here to play Who wants to be a millionaire? 295 00:14:04,760 --> 00:14:07,040 Speaker 12: You've got fifteen You'll never make it. You've got fifteen 296 00:14:07,160 --> 00:14:08,520 Speaker 12: questions for a million companies. 297 00:14:09,520 --> 00:14:09,959 Speaker 3: You won't. 298 00:14:10,360 --> 00:14:13,000 Speaker 12: You have got four lifelies. 299 00:14:13,040 --> 00:14:13,920 Speaker 13: Well, I've got three in you. 300 00:14:14,200 --> 00:14:17,840 Speaker 12: Yeah, you've got fifty to fifty and then this is 301 00:14:17,880 --> 00:14:20,080 Speaker 12: a real problem for you. You've got two phone friends. 302 00:14:22,440 --> 00:14:24,320 Speaker 12: And then, as you rightly points out, you can ask 303 00:14:24,360 --> 00:14:24,960 Speaker 12: me in faith. 304 00:14:25,240 --> 00:14:26,280 Speaker 1: I'm so looking. 305 00:14:26,040 --> 00:14:26,520 Speaker 10: Forward to that. 306 00:14:28,120 --> 00:14:30,520 Speaker 3: A lot the ripples of applause. I wasn't expecting anything 307 00:14:30,560 --> 00:14:36,200 Speaker 3: but unusual for you, Morning Mike. As A was there 308 00:14:36,200 --> 00:14:38,280 Speaker 3: two thousand and four, Morning Mike is the South Island. 309 00:14:38,360 --> 00:14:40,080 Speaker 3: I've always been amazed at the amount of water that's 310 00:14:40,120 --> 00:14:41,800 Speaker 3: not captured in the harness. We don't have a water 311 00:14:41,840 --> 00:14:44,520 Speaker 3: shortage problem by in Larch, that's true. Having said that, 312 00:14:44,640 --> 00:14:48,000 Speaker 3: I think from memory, and I am going back a 313 00:14:48,040 --> 00:14:49,600 Speaker 3: couple of years, I think we kepture about two or 314 00:14:49,600 --> 00:14:51,480 Speaker 3: three percent of the water that falls in this country. 315 00:14:51,680 --> 00:14:53,640 Speaker 3: But the problem is, and we'll talk about this with 316 00:14:54,080 --> 00:14:56,360 Speaker 3: Prime Minister election, because you'll note from last week when 317 00:14:56,400 --> 00:14:58,720 Speaker 3: we raised it with them, nothing's happened to the electricity market. 318 00:14:58,720 --> 00:15:00,960 Speaker 3: They were waiting for the EA, they were waiting for 319 00:15:01,000 --> 00:15:04,000 Speaker 3: the com Com. We were waiting for some LNNG. But 320 00:15:04,720 --> 00:15:08,160 Speaker 3: as regards capturing water tribe building a dam in this country, 321 00:15:08,440 --> 00:15:10,720 Speaker 3: go down to your local council, filed bit of paperwork 322 00:15:10,760 --> 00:15:13,640 Speaker 3: and see how quickly that starts. I Christopher Luxen with 323 00:15:13,760 --> 00:15:16,400 Speaker 3: us after seven thirty this morning. Meantime the news is next. 324 00:15:16,680 --> 00:15:18,280 Speaker 3: They refused TALKSVV. 325 00:15:19,880 --> 00:15:24,080 Speaker 2: You're trusted home for news, sport, entertainments, opinion and Mike 326 00:15:24,280 --> 00:15:28,280 Speaker 2: the Mike Hosking breakfast with the range Rover villa designed 327 00:15:28,480 --> 00:15:30,040 Speaker 2: to intrigue and use TOG. 328 00:15:29,880 --> 00:15:32,480 Speaker 3: Said b Mike know talking on phones in public either 329 00:15:32,520 --> 00:15:35,160 Speaker 3: they bike passed and grabbed. And this is London, that 330 00:15:35,320 --> 00:15:38,640 Speaker 3: is true. Had experience with that family member had experienced 331 00:15:38,640 --> 00:15:41,920 Speaker 3: with that very thing, and had some friends yesterday not 332 00:15:41,960 --> 00:15:43,840 Speaker 3: in London, but in being had their passports nicked on 333 00:15:43,840 --> 00:15:45,880 Speaker 3: a two hundred meter walk from the from the bus 334 00:15:45,960 --> 00:15:47,720 Speaker 3: or the cab or whatever they're in towards the hotel. 335 00:15:48,280 --> 00:15:51,000 Speaker 3: Bags open zips cone. So they are now spending the 336 00:15:51,040 --> 00:15:54,040 Speaker 3: next couple of days, presumably at the consulate or the 337 00:15:54,080 --> 00:15:56,720 Speaker 3: diplomatic care Residents are sorting out their passports trying to 338 00:15:56,760 --> 00:15:58,720 Speaker 3: get home. It must be something to do with the 339 00:15:58,760 --> 00:16:01,440 Speaker 3: heat because England yesterday a hottest day of the year 340 00:16:01,520 --> 00:16:05,040 Speaker 3: so far, thirty three point nine in Cambridge, mainly in 341 00:16:05,080 --> 00:16:07,440 Speaker 3: the central and southern part of England, and when you 342 00:16:07,440 --> 00:16:11,040 Speaker 3: get to thirty three per degree celsius, they have a 343 00:16:11,120 --> 00:16:16,320 Speaker 3: yellow heat health alert warning unless you're further north where 344 00:16:16,320 --> 00:16:20,440 Speaker 3: it was raining torrentially and there's a yellow thunderstorm warning. 345 00:16:20,520 --> 00:16:23,760 Speaker 4: So plenty of warnings forecasting for thirty four today, I think, 346 00:16:23,960 --> 00:16:26,800 Speaker 4: so the knotted handkerchiefs will really be coming out in force. 347 00:16:26,840 --> 00:16:29,760 Speaker 3: Now. We'll talk to Rod about that after eight thirty 348 00:16:29,760 --> 00:16:32,560 Speaker 3: this morning, twenty two to seven. Just across to the 349 00:16:32,640 --> 00:16:34,480 Speaker 3: right on the map as you look at at Paris 350 00:16:34,560 --> 00:16:37,040 Speaker 3: is coming down from the high and they're getting back 351 00:16:37,040 --> 00:16:39,200 Speaker 3: to the business of politics. Macron working out that he 352 00:16:39,200 --> 00:16:40,960 Speaker 3: doesn't have any government at the moment, but we'll have 353 00:16:40,960 --> 00:16:43,200 Speaker 3: a look at the games with Cathroine in a few moments. Meantime, 354 00:16:43,240 --> 00:16:45,960 Speaker 3: back here, we've got a congestion tax on its way 355 00:16:46,160 --> 00:16:49,240 Speaker 3: and basically the government allows councils and will to introduce 356 00:16:49,320 --> 00:16:51,480 Speaker 3: charges on local roads. The theory is that shifts traffic 357 00:16:51,520 --> 00:16:54,400 Speaker 3: flow and raises money and soul's congestion. New Zealand Infrastructure 358 00:16:54,400 --> 00:16:56,960 Speaker 3: Commissions General Manager Jeff Cooper is with us on this. Jeff, 359 00:16:57,040 --> 00:16:57,880 Speaker 3: very good morning to you. 360 00:16:58,760 --> 00:16:59,840 Speaker 14: Yeah, thanks, Mike, good to be here. 361 00:17:00,200 --> 00:17:03,880 Speaker 3: Is this largely confined do you think to Auckland or 362 00:17:04,040 --> 00:17:06,040 Speaker 3: you see it in a place like Wellington christ Us 363 00:17:06,119 --> 00:17:07,240 Speaker 3: as well. 364 00:17:07,240 --> 00:17:09,080 Speaker 14: Look, I mean I hope not. This is the sort 365 00:17:09,080 --> 00:17:10,639 Speaker 14: of thing that all of our cities need to be 366 00:17:10,680 --> 00:17:13,040 Speaker 14: thinking about at one point or another. Right they should 367 00:17:13,080 --> 00:17:15,840 Speaker 14: be planning for this in the decades to come. Auckland 368 00:17:16,160 --> 00:17:18,280 Speaker 14: and I probably throw turd on Oar and Papswelling to 369 00:17:18,359 --> 00:17:20,440 Speaker 14: another are the ones that you'd be thinking about. 370 00:17:20,160 --> 00:17:23,520 Speaker 3: First, Okay, and do what I don't believe sim and 371 00:17:23,560 --> 00:17:25,120 Speaker 3: Brown for a moment, as much as I make back 372 00:17:25,160 --> 00:17:27,080 Speaker 3: the idea, and I do, but I don't believe it's 373 00:17:27,119 --> 00:17:29,800 Speaker 3: not about revenue raising. It's exactly about revenue raising, isn't it. 374 00:17:31,119 --> 00:17:32,840 Speaker 14: Well, I think what they've said out here and this 375 00:17:32,920 --> 00:17:35,880 Speaker 14: is not dissimilar to the previous government as well. They've 376 00:17:35,880 --> 00:17:39,879 Speaker 14: tried to focus city councils on the utilization of the asset. 377 00:17:39,920 --> 00:17:42,199 Speaker 14: They want to smooth the peaks because we've spent so 378 00:17:42,400 --> 00:17:44,639 Speaker 14: long trying to build the peak and we know that 379 00:17:44,720 --> 00:17:46,960 Speaker 14: doesn't work. So I think as a sort of guardrail 380 00:17:47,000 --> 00:17:49,520 Speaker 14: for how we're going to do this. That's a positive Stebt. 381 00:17:49,880 --> 00:17:52,600 Speaker 14: Of course, they do raise revenue, right, and you've got 382 00:17:52,600 --> 00:17:54,520 Speaker 14: to figure out what to do with that revenue. And 383 00:17:54,560 --> 00:17:56,600 Speaker 14: the direction here is a little different to what we 384 00:17:56,640 --> 00:17:57,760 Speaker 14: saw previously. 385 00:17:57,520 --> 00:17:59,560 Speaker 3: Right, so you would use it for roads presumably. 386 00:18:00,480 --> 00:18:03,080 Speaker 14: Well, what they've said here is that they'll ring fence 387 00:18:03,119 --> 00:18:05,919 Speaker 14: it for the region, so that's not different to what 388 00:18:05,960 --> 00:18:07,680 Speaker 14: we've heard before. But what they've said is that they'll 389 00:18:07,680 --> 00:18:10,360 Speaker 14: bring in more weight for ends ta right, they've called 390 00:18:10,359 --> 00:18:13,560 Speaker 14: them a majority partner, and that they'll be shared revenues. 391 00:18:13,680 --> 00:18:16,720 Speaker 14: So what this really means is that, you know, we're 392 00:18:16,720 --> 00:18:19,480 Speaker 14: going to see a bit more partnership between government and 393 00:18:19,520 --> 00:18:22,280 Speaker 14: local government as to how these are spent within the region. 394 00:18:22,320 --> 00:18:24,680 Speaker 14: And of course that brings risks all of its own. 395 00:18:24,880 --> 00:18:26,840 Speaker 3: Is it inflationary? I mean, a career has to go 396 00:18:26,920 --> 00:18:29,119 Speaker 3: from A to B at the time that the career 397 00:18:29,160 --> 00:18:30,840 Speaker 3: needs to go from A to B and they're suddenly 398 00:18:30,880 --> 00:18:32,640 Speaker 3: going to pay for that, and it's money into the economy, 399 00:18:32,640 --> 00:18:32,919 Speaker 3: isn't it. 400 00:18:34,200 --> 00:18:36,800 Speaker 14: Well, you know, we already spend far more on our 401 00:18:36,800 --> 00:18:40,240 Speaker 14: transportation than we actually collect and transportation revenues. Right the 402 00:18:40,320 --> 00:18:44,080 Speaker 14: NLTF is bursting at the seams. Public transport faares do 403 00:18:44,200 --> 00:18:47,560 Speaker 14: not cover themselves, and so ultimately I would think more 404 00:18:47,560 --> 00:18:50,400 Speaker 14: about this being a change in how we're paying rather 405 00:18:50,480 --> 00:18:51,600 Speaker 14: than how much we're paying. 406 00:18:51,800 --> 00:18:54,360 Speaker 3: Do you need to control councils because once you give 407 00:18:54,400 --> 00:18:56,560 Speaker 3: them the right to start charging, where does it stop? 408 00:18:58,520 --> 00:19:00,640 Speaker 14: Do you need to control check? I think there's there's 409 00:19:00,680 --> 00:19:02,880 Speaker 14: probably horses for causes approach here. I mean, I think 410 00:19:02,920 --> 00:19:05,960 Speaker 14: for this one you need you need councils getting some 411 00:19:06,080 --> 00:19:08,200 Speaker 14: upside from congestion charging. This is one of the most 412 00:19:08,200 --> 00:19:12,639 Speaker 14: difficult policies to get in. You know, worldwide, there's only 413 00:19:12,680 --> 00:19:14,960 Speaker 14: a few cities where this has worked. Where it has worked, 414 00:19:14,960 --> 00:19:19,080 Speaker 14: it's had significant reductions and severe congestion. Right, so we 415 00:19:19,160 --> 00:19:21,200 Speaker 14: know that this is the right thing to be focusing on. 416 00:19:21,520 --> 00:19:23,680 Speaker 14: But of course you need local governments to get something 417 00:19:23,680 --> 00:19:26,320 Speaker 14: out of it, and and that has to be has 418 00:19:26,359 --> 00:19:28,159 Speaker 14: to be the revenue and the ability to manage the 419 00:19:28,200 --> 00:19:28,760 Speaker 14: asset base. 420 00:19:29,040 --> 00:19:30,680 Speaker 3: The reason I ask is you look at you lads 421 00:19:30,720 --> 00:19:33,800 Speaker 3: and young London's just goes wider and wider and wider. 422 00:19:33,960 --> 00:19:36,720 Speaker 3: There's no stopping them. 423 00:19:37,359 --> 00:19:40,160 Speaker 14: Well, a bridge starting to breach the society limits and whatnot. 424 00:19:40,200 --> 00:19:42,320 Speaker 3: Well, exactly the way up in Edinburgh before you know it. 425 00:19:43,280 --> 00:19:45,720 Speaker 14: Well, congestion charging is always something you want to think 426 00:19:45,760 --> 00:19:48,680 Speaker 14: about as a pricing mechanism if there's congestion around right, 427 00:19:48,720 --> 00:19:51,919 Speaker 14: So ultimately it continues to move wherever the congestion is 428 00:19:51,960 --> 00:19:55,119 Speaker 14: and spreads. It spreads it from that location and ultimately 429 00:19:55,160 --> 00:19:57,040 Speaker 14: that the point of it is that you spend less 430 00:19:57,080 --> 00:20:00,159 Speaker 14: on transport infrastructure, not more. So you know this is 431 00:20:00,200 --> 00:20:03,840 Speaker 14: about benefiting urban residents, not collecting more in taxes. 432 00:20:03,960 --> 00:20:05,840 Speaker 3: Good only Jep, nice to talk, You appreciate it. Jeff 433 00:20:05,880 --> 00:20:08,560 Speaker 3: Cooper's the New Zealand Infrastructure Commission General Manager. Of course, 434 00:20:08,600 --> 00:20:09,760 Speaker 3: it's going to be a while before they get the 435 00:20:09,840 --> 00:20:12,320 Speaker 3: legislation through parliament. And part of the reason I will 436 00:20:12,400 --> 00:20:14,879 Speaker 3: raise this in an hour with Christopher Luxen is the 437 00:20:14,920 --> 00:20:17,600 Speaker 3: reason it's taking so long to get through Parliament's Parliament's 438 00:20:17,640 --> 00:20:19,760 Speaker 3: never opened. You notice that they've like three or four 439 00:20:19,760 --> 00:20:22,120 Speaker 3: weeks off for the score holidays, then they came back 440 00:20:22,119 --> 00:20:23,919 Speaker 3: for the last two weeks and they're off again. Luxeon's 441 00:20:23,920 --> 00:20:25,440 Speaker 3: in the studio? Is he in the studio this morning? 442 00:20:25,440 --> 00:20:27,399 Speaker 3: He's in the studio this Morning's no parliament? Why is 443 00:20:27,440 --> 00:20:29,320 Speaker 3: parliament closed this week? For God's sake? What's the matter 444 00:20:29,359 --> 00:20:33,880 Speaker 3: with them? Eighteen away from seven pasking Tomorrow's big day 445 00:20:34,680 --> 00:20:37,080 Speaker 3: is going to be disappointing day, but it is going 446 00:20:37,119 --> 00:20:39,720 Speaker 3: to be a big day. Increasingly the banks, the retail banks, 447 00:20:40,040 --> 00:20:43,520 Speaker 3: including the Employer's Manufacturers Association. We need a positive signal 448 00:20:43,560 --> 00:20:45,680 Speaker 3: from the RB, THEB the cash raider is what we're 449 00:20:45,680 --> 00:20:48,720 Speaker 3: talking about. B and Z should have already cut interest rates. 450 00:20:48,720 --> 00:20:50,640 Speaker 3: That what they're saying as seems to have been led. 451 00:20:50,640 --> 00:20:52,920 Speaker 3: This whole campaign seems to have been led by Kiwibank. 452 00:20:53,640 --> 00:20:57,359 Speaker 3: Shifting direction was necessary for the economy. They say, you've 453 00:20:57,359 --> 00:21:02,480 Speaker 3: got to start cutting as they've changed their mind, and 454 00:21:02,600 --> 00:21:05,320 Speaker 3: expect the RB to begin cutting this week. They're dreaming 455 00:21:06,080 --> 00:21:09,520 Speaker 3: so October November. Depending on who you're talking to, I 456 00:21:09,560 --> 00:21:11,240 Speaker 3: mean it would be and I think Brad Olsen runs 457 00:21:11,240 --> 00:21:14,159 Speaker 3: the best argument of all. It would be a gargantuan 458 00:21:14,240 --> 00:21:17,960 Speaker 3: climb down from the Reserve Bank. If tomorrow they came 459 00:21:18,000 --> 00:21:20,000 Speaker 3: out and cut. But that's why tomorrow is going to 460 00:21:20,000 --> 00:21:22,720 Speaker 3: be a big day. Tremendous amount of expectation. Eighteen to 461 00:21:22,720 --> 00:21:24,000 Speaker 3: two The. 462 00:21:24,119 --> 00:21:28,399 Speaker 2: Mike Hosking Breakfast Full Show podcast on iHeartRadio, car it 463 00:21:28,480 --> 00:21:29,240 Speaker 2: By News Talks. 464 00:21:29,280 --> 00:21:31,360 Speaker 3: It be Mike, what's James Sure up to these days? 465 00:21:31,400 --> 00:21:33,280 Speaker 3: The congestion guyer reminded me of him. He works for 466 00:21:33,280 --> 00:21:36,560 Speaker 3: a company called Morrison, which is an investment investment sort 467 00:21:36,560 --> 00:21:38,280 Speaker 3: of operation, if you like, and I'm sure having the 468 00:21:38,280 --> 00:21:40,600 Speaker 3: time of his life. Mike, Let's be honest. When the 469 00:21:40,600 --> 00:21:43,480 Speaker 3: congestion charge it doesn't work to reduce congestion, It just doesn't. 470 00:21:43,520 --> 00:21:45,679 Speaker 3: It's another tax. Couldn't agree more. I actually back it. 471 00:21:46,160 --> 00:21:48,879 Speaker 3: I think you you're better off taxing people who use 472 00:21:48,960 --> 00:21:51,080 Speaker 3: roads a lot more than you are taxing people who 473 00:21:51,080 --> 00:21:53,200 Speaker 3: don't use roads a lot to raise money for roads. 474 00:21:53,200 --> 00:21:55,320 Speaker 3: But to suggest, as Simeon did yesterday, that it's not 475 00:21:55,359 --> 00:21:56,800 Speaker 3: about raising revenues just b Yes. 476 00:21:57,040 --> 00:22:01,480 Speaker 15: Six forty five International correspondence with Ends and Eye Insurance 477 00:22:01,640 --> 00:22:03,359 Speaker 15: Peace of Mind for New Zealand Business. 478 00:22:04,040 --> 00:22:06,680 Speaker 5: Greetings to you curding morning mate. 479 00:22:06,720 --> 00:22:09,159 Speaker 3: How you how you all feeling? You're sitting there in 480 00:22:09,200 --> 00:22:10,840 Speaker 3: the glow of success. Do you reckon? 481 00:22:11,720 --> 00:22:11,920 Speaker 7: Oh? 482 00:22:12,040 --> 00:22:15,879 Speaker 5: I think so everyone's realized that, yes, it was a 483 00:22:15,880 --> 00:22:18,240 Speaker 5: big throw of the dice five Harris to put on 484 00:22:18,359 --> 00:22:23,040 Speaker 5: this enormous Olympic show over two weeks where most of 485 00:22:23,080 --> 00:22:26,600 Speaker 5: the stadium's outdoors people were able to if they didn't 486 00:22:26,600 --> 00:22:29,199 Speaker 5: have tickets, are able to look inside. The security was 487 00:22:29,320 --> 00:22:32,359 Speaker 5: always going to be a nightmare. A lot of people said, 488 00:22:32,440 --> 00:22:34,720 Speaker 5: don't do it, just don't do it, and they did 489 00:22:34,720 --> 00:22:37,320 Speaker 5: it and it worked. So I think everyone's kind of 490 00:22:37,359 --> 00:22:39,440 Speaker 5: on a bit of a buzz, and you don't, Mike, 491 00:22:39,640 --> 00:22:41,000 Speaker 5: even the Parisians are a. 492 00:22:40,920 --> 00:22:44,120 Speaker 3: Bit chirpy at the moment. Good stuff. Security seemed to work. 493 00:22:44,400 --> 00:22:48,040 Speaker 3: It rained more than I thought. The scene was a mistake, 494 00:22:49,040 --> 00:22:50,240 Speaker 3: but security seemed to work. 495 00:22:50,320 --> 00:22:52,640 Speaker 7: Is that fair? I think that's fair. 496 00:22:52,880 --> 00:22:56,240 Speaker 5: But you do have to remember, Mike that they brought 497 00:22:56,280 --> 00:23:00,879 Speaker 5: in more than one hundred thousand private security guards, gendarmes, 498 00:23:00,960 --> 00:23:04,680 Speaker 5: police soldiers. And you look at it, and you look 499 00:23:04,680 --> 00:23:07,280 Speaker 5: at the numbers, for example, for pickpockets on the Paris Metro, 500 00:23:07,640 --> 00:23:10,119 Speaker 5: virtually none this whole time. You look at sort of 501 00:23:10,119 --> 00:23:12,120 Speaker 5: petty crime, virtually none around Paris. 502 00:23:12,280 --> 00:23:13,600 Speaker 2: So yeah, it did work. 503 00:23:14,440 --> 00:23:19,080 Speaker 5: But at the big cost of a constant police presence 504 00:23:19,200 --> 00:23:21,240 Speaker 5: in central Paris. But now any men, said, Mike, you 505 00:23:21,440 --> 00:23:24,480 Speaker 5: a lot of these arenas were in a very small area, 506 00:23:24,560 --> 00:23:27,320 Speaker 5: so it was actually only like one suburb and a 507 00:23:27,320 --> 00:23:29,200 Speaker 5: bit across the other side of the sand on the 508 00:23:29,240 --> 00:23:32,120 Speaker 5: right bank, where you had this big police presence. 509 00:23:32,480 --> 00:23:35,280 Speaker 3: As a model, and I was reading a lot yesterday 510 00:23:35,320 --> 00:23:37,200 Speaker 3: about Ala and how they're doing, and they're a city 511 00:23:37,200 --> 00:23:39,240 Speaker 3: of Stadia and all that sort of stuff. As a model, 512 00:23:39,280 --> 00:23:42,800 Speaker 3: would Paris go again, given what they already had versus 513 00:23:42,800 --> 00:23:44,040 Speaker 3: what they had to spend, et cetera. 514 00:23:45,760 --> 00:23:48,240 Speaker 5: I think so, And I'm judging that on just what 515 00:23:48,320 --> 00:23:51,119 Speaker 5: they're saying about the what I said, the twenty thirty 516 00:23:51,240 --> 00:23:53,960 Speaker 5: Winter Olympics, which are going to be in France. Who 517 00:23:54,080 --> 00:23:56,520 Speaker 5: they are, and they've decided not to just go for 518 00:23:56,640 --> 00:23:59,639 Speaker 5: one particular town like Chamani, which has had. 519 00:23:59,480 --> 00:24:00,320 Speaker 3: The Olympics before. 520 00:24:00,720 --> 00:24:02,639 Speaker 5: They're going for a whole region, So they're going to 521 00:24:02,640 --> 00:24:05,800 Speaker 5: be spreading it around areas of France like this that's 522 00:24:05,840 --> 00:24:08,840 Speaker 5: already got the infrastructure. So they feel that this model 523 00:24:08,840 --> 00:24:12,280 Speaker 5: has worked, they feel that it can work again. Up 524 00:24:12,280 --> 00:24:14,040 Speaker 5: in the mountains in the snow. 525 00:24:14,040 --> 00:24:16,200 Speaker 3: All right, very nice and of course you might want 526 00:24:16,200 --> 00:24:18,800 Speaker 3: to get back to try and I take it during 527 00:24:18,840 --> 00:24:21,439 Speaker 3: the games, you didn't organize a government that we missed. 528 00:24:22,960 --> 00:24:26,000 Speaker 5: You didn't miss anything. You know, really mke to be 529 00:24:26,040 --> 00:24:27,800 Speaker 5: honest with you, it is going to be a harsh 530 00:24:27,920 --> 00:24:30,760 Speaker 5: landing for President Macron the next day or two because 531 00:24:30,760 --> 00:24:34,399 Speaker 5: whilst he has been shuttling between Paris and his home 532 00:24:34,440 --> 00:24:37,560 Speaker 5: on the south of France, the politics has gone on 533 00:24:37,840 --> 00:24:40,520 Speaker 5: and people have been jogging for position. People have been 534 00:24:40,640 --> 00:24:42,959 Speaker 5: making it known who they think should be Prime Minister 535 00:24:43,160 --> 00:24:45,879 Speaker 5: and various other cabinet posts. So he's going to have 536 00:24:45,960 --> 00:24:49,000 Speaker 5: a rude awakening when he comes back because even though 537 00:24:49,040 --> 00:24:51,119 Speaker 5: people are happy about the Olympics, they're happy about the 538 00:24:51,200 --> 00:24:54,240 Speaker 5: number of medals France got, they're still very unhappy with him, 539 00:24:54,280 --> 00:24:56,159 Speaker 5: and they're very unhappy at not having a government. 540 00:24:56,359 --> 00:24:59,000 Speaker 3: Exactly go well, catch up next. I appreciate it very much. 541 00:24:59,040 --> 00:25:01,760 Speaker 3: Catherine Field in France with us this morning. It's LA 542 00:25:01,840 --> 00:25:06,080 Speaker 3: twenty eight, fifty sports, eight hundred events. It opens fourteen 543 00:25:06,160 --> 00:25:09,800 Speaker 3: July twenty eight, closes thirtieth of July twenty eighth, third 544 00:25:09,880 --> 00:25:13,800 Speaker 3: time they've hosted the Colosseum is famed Colosseum is gonna 545 00:25:13,960 --> 00:25:16,879 Speaker 3: host the athletics. They're gonna put the volleyball on an 546 00:25:16,920 --> 00:25:18,920 Speaker 3: actual beach because they're not short of them so far. 547 00:25:18,920 --> 00:25:21,200 Speaker 3: Which is a brilliant stadium home of the Rams and 548 00:25:21,240 --> 00:25:24,080 Speaker 3: the Chargers. They're gonna put a pull in. They don't 549 00:25:24,080 --> 00:25:25,320 Speaker 3: have a pool in there, but they're gonna put a 550 00:25:25,359 --> 00:25:27,960 Speaker 3: pull in. So that's quite cool. You see, LA is 551 00:25:28,000 --> 00:25:30,480 Speaker 3: going to be the village, as in the athletes village. 552 00:25:30,600 --> 00:25:32,160 Speaker 3: We're gonna have a crack at cricket, which I think 553 00:25:32,200 --> 00:25:34,359 Speaker 3: is a big mistake. Lacrosse is going to be back 554 00:25:35,080 --> 00:25:37,480 Speaker 3: first time in more than a century. Baseball softball, they're 555 00:25:37,480 --> 00:25:39,840 Speaker 3: going to give that a whirl. That comes back squash 556 00:25:39,920 --> 00:25:44,159 Speaker 3: for the first time. Flag football is stupid. It's not 557 00:25:44,280 --> 00:25:46,119 Speaker 3: a sport. It's a fun activity. 558 00:25:46,320 --> 00:25:48,719 Speaker 4: Oh wow, you're starting on this with a but I'm 559 00:25:48,720 --> 00:25:49,440 Speaker 4: bill ready. 560 00:25:49,560 --> 00:25:51,920 Speaker 3: I'm building up. We're starting. You never start too early 561 00:25:51,920 --> 00:25:52,800 Speaker 3: on dumb sports. 562 00:25:52,800 --> 00:25:55,280 Speaker 4: What if we went gold in it, though, like we 563 00:25:55,320 --> 00:25:58,920 Speaker 4: did with the everybody rushed out of the Whitewater butcher. 564 00:25:59,080 --> 00:26:01,080 Speaker 3: The guy I said, is not as good as gold. 565 00:26:01,119 --> 00:26:03,080 Speaker 3: The gold's gold, I'll give you that, but it's not 566 00:26:03,160 --> 00:26:05,080 Speaker 3: as good as gold as a traditional gold as what 567 00:26:05,119 --> 00:26:09,480 Speaker 3: I'm saying surfing's back, skateboardings back sport, climbing's back. Big 568 00:26:09,520 --> 00:26:13,960 Speaker 3: mistake breaking is not now. Read a very interesting article 569 00:26:14,040 --> 00:26:17,639 Speaker 3: yesterday about how Raygun actually got to the Olympics. The 570 00:26:18,200 --> 00:26:20,760 Speaker 3: borders on scandal. 571 00:26:21,359 --> 00:26:24,040 Speaker 4: Also, are they going to do the triathlon and the 572 00:26:24,160 --> 00:26:24,640 Speaker 4: La River? 573 00:26:25,160 --> 00:26:28,600 Speaker 3: Good question? I don't think so. It'll probably use the 574 00:26:28,600 --> 00:26:30,439 Speaker 3: Paul if I was putting a special pool into the SAPA. 575 00:26:30,640 --> 00:26:32,840 Speaker 4: So that's what they did in Paris. You see they 576 00:26:32,880 --> 00:26:35,080 Speaker 4: put the pool in the football stadium in Paris as well. 577 00:26:35,600 --> 00:26:37,240 Speaker 4: So I'm just wondering if the if they're going to 578 00:26:37,280 --> 00:26:40,119 Speaker 4: do the swimming and the dirty river in La they 579 00:26:40,119 --> 00:26:41,120 Speaker 4: think that's a good idea too. 580 00:26:41,160 --> 00:26:43,720 Speaker 3: I'd go down to the beach. It is, what is it. 581 00:26:43,720 --> 00:26:48,760 Speaker 3: It's nineteen minutes away from sevenstel. 582 00:26:46,800 --> 00:26:50,000 Speaker 1: Breakfas with Bailey's real estate news talks, there'd be. 583 00:26:50,720 --> 00:26:52,520 Speaker 3: Mike, I mean, you may as well if you're going 584 00:26:52,560 --> 00:26:54,240 Speaker 3: to go, if you're going to go down the track going, 585 00:26:54,240 --> 00:26:56,800 Speaker 3: you might as well go darts. Mike top show. Well, 586 00:26:56,800 --> 00:26:58,280 Speaker 3: I'm very nice of you to say you spoke about 587 00:26:58,320 --> 00:27:00,280 Speaker 3: the Parliament not being open. I've always won and did 588 00:27:00,520 --> 00:27:02,800 Speaker 3: what those in opposition are doing when the Parliament isn't 589 00:27:02,840 --> 00:27:06,760 Speaker 3: sitting while they sit on committees. If they're a list 590 00:27:06,920 --> 00:27:08,920 Speaker 3: MP and they're not really high up on a committee, 591 00:27:08,920 --> 00:27:12,120 Speaker 3: they basically do nothing, is the answer to the question. Now, 592 00:27:12,200 --> 00:27:14,760 Speaker 3: I wouldn't be opposed to the parliament not being open 593 00:27:14,760 --> 00:27:17,119 Speaker 3: if there wasn't business to be done. But there is 594 00:27:17,160 --> 00:27:19,800 Speaker 3: business to be done. They announced the congestion charges yesterday. 595 00:27:20,040 --> 00:27:22,480 Speaker 3: Do the congestion charges start next Monday? No, they do not. 596 00:27:22,800 --> 00:27:25,560 Speaker 3: They've got to pass the legislation. When's the legislation being passed? 597 00:27:25,640 --> 00:27:28,160 Speaker 3: Well not this year? Why not? Because the parliament's not open, 598 00:27:28,200 --> 00:27:30,680 Speaker 3: so there's plenty to do. And that's before I get 599 00:27:30,680 --> 00:27:34,600 Speaker 3: to my upset, as revealed on this program yesterday from 600 00:27:34,600 --> 00:27:37,840 Speaker 3: Sunny Kershel, who we know and love, but was can 601 00:27:37,880 --> 00:27:40,840 Speaker 3: I be blunt and say bought off by this government? 602 00:27:41,160 --> 00:27:44,240 Speaker 3: Stuck on a committee to solve the crime problem? And 603 00:27:44,280 --> 00:27:47,560 Speaker 3: then Todd we were told, don't worry. The fact that 604 00:27:47,640 --> 00:27:49,800 Speaker 3: it's going for two years doesn't really matter because they're 605 00:27:49,800 --> 00:27:51,800 Speaker 3: sitting down and they're getting stuck into this. And you'll 606 00:27:51,800 --> 00:27:53,760 Speaker 3: hear the first ideas within a couple of weeks. Well 607 00:27:53,760 --> 00:27:56,240 Speaker 3: that was a month ago, if not longer. And I 608 00:27:56,280 --> 00:27:59,439 Speaker 3: find out from Sunny yesterday. They haven't even met, they 609 00:27:59,480 --> 00:28:02,200 Speaker 3: haven't done it anything. So the announcement was made weeks 610 00:28:02,200 --> 00:28:03,479 Speaker 3: ago for what nothing? 611 00:28:03,800 --> 00:28:05,640 Speaker 4: Is that? The best way to solve the crime problem, though, 612 00:28:05,760 --> 00:28:07,640 Speaker 4: is to just give all the people who complain about 613 00:28:07,640 --> 00:28:09,960 Speaker 4: the crime problem a job solving the crime problem. Five 614 00:28:10,040 --> 00:28:11,960 Speaker 4: they just go away and you'd never hear from them again. 615 00:28:12,240 --> 00:28:14,240 Speaker 3: Well, they came on the program yesterday, Glenn, that was 616 00:28:14,280 --> 00:28:16,119 Speaker 3: the point. What's the matter with you this morning? You 617 00:28:16,160 --> 00:28:20,520 Speaker 3: seem to be a little cynical. Yeah, five minutes away, 618 00:28:20,520 --> 00:28:21,639 Speaker 3: five minutes away from seven. 619 00:28:22,480 --> 00:28:24,040 Speaker 1: Well, the ins and the ouse. 620 00:28:24,359 --> 00:28:28,480 Speaker 2: It's the fizz with business, Faber, take your business productivity 621 00:28:28,520 --> 00:28:29,480 Speaker 2: to the next level. 622 00:28:29,640 --> 00:28:32,399 Speaker 3: Right, builders, not good eboss. They've done the laggest builder 623 00:28:32,440 --> 00:28:35,480 Speaker 3: Sentiment report, six hundred and fifty New Zealand firms they've surveyed. 624 00:28:35,520 --> 00:28:38,560 Speaker 3: On average, most firms operating at just sixty seven percent, 625 00:28:38,680 --> 00:28:41,680 Speaker 3: down from eighty three couple of years ago, So most 626 00:28:41,720 --> 00:28:44,959 Speaker 3: firms have worked for about eight point six months instead 627 00:28:44,960 --> 00:28:47,400 Speaker 3: of eleven point two. Number of firms operating at forty 628 00:28:47,480 --> 00:28:52,040 Speaker 3: nine percent or less has quadrupled in the last two years, 629 00:28:52,120 --> 00:28:54,120 Speaker 3: and that's up from twenty one percent. That's not good. 630 00:28:54,160 --> 00:28:58,280 Speaker 3: Sixty seven percent reporting less demand, thirty eight percent noticing 631 00:28:58,280 --> 00:28:59,960 Speaker 3: an increase in the number of projects put on whole 632 00:29:00,440 --> 00:29:03,680 Speaker 3: thirty four percent see an increase in outright cancelations. Immediate 633 00:29:03,680 --> 00:29:06,360 Speaker 3: future not bright. Seventy percent say conditions will continue to 634 00:29:06,360 --> 00:29:09,040 Speaker 3: get worse. That's that's a guess. I mean, we hope 635 00:29:09,080 --> 00:29:11,120 Speaker 3: we're wrong, but I mean the other numbers are actual facts. 636 00:29:11,160 --> 00:29:13,680 Speaker 3: But seventy percent think conditions are going to get worse 637 00:29:13,680 --> 00:29:16,000 Speaker 3: over the next twelve months. Good news. Can I find 638 00:29:16,000 --> 00:29:19,000 Speaker 3: some good news? Yes, only fifteen percent of reporting a 639 00:29:19,040 --> 00:29:21,680 Speaker 3: shortage of skilled labor, which is down from thirty three 640 00:29:21,760 --> 00:29:23,880 Speaker 3: So yes, the immigration solved the labor problem. Not to 641 00:29:23,920 --> 00:29:27,680 Speaker 3: mention the downsizing of your business. So it's a problem 642 00:29:27,680 --> 00:29:29,040 Speaker 3: with that is if you've got some of the best 643 00:29:29,040 --> 00:29:30,560 Speaker 3: builders in the game, but you've got no work for 644 00:29:30,600 --> 00:29:32,160 Speaker 3: them to do, it's still a problem. Do you want 645 00:29:32,200 --> 00:29:34,360 Speaker 3: to interview the Prime Minister glin Is that where you're 646 00:29:34,360 --> 00:29:34,880 Speaker 3: angling at? 647 00:29:35,240 --> 00:29:35,520 Speaker 12: I just. 648 00:29:37,040 --> 00:29:39,520 Speaker 3: Better work out well, why don't know, We'll see what 649 00:29:39,840 --> 00:29:42,080 Speaker 3: you can interview on. He can come in here and 650 00:29:42,120 --> 00:29:44,800 Speaker 3: sit in here, do a glink. Actually, don't do that. 651 00:29:44,920 --> 00:29:49,280 Speaker 3: You might be good. What if you're good? Damn I 652 00:29:49,280 --> 00:29:49,720 Speaker 3: know what it is. 653 00:29:49,960 --> 00:29:51,200 Speaker 4: Let's be honest, there is no chance of that. 654 00:29:51,240 --> 00:29:53,880 Speaker 3: Shouldn't have said that out loud. So where are we 655 00:29:53,920 --> 00:29:56,360 Speaker 3: going with the welfare the light the traffic light system 656 00:29:56,520 --> 00:29:59,360 Speaker 3: is this was this ideology or something practical? I mean, 657 00:29:59,400 --> 00:30:01,440 Speaker 3: of their thousand people are suddenly going to get peened. 658 00:30:01,480 --> 00:30:04,200 Speaker 3: I quite like the card idea where they've been doing 659 00:30:04,200 --> 00:30:06,720 Speaker 3: it in places like Northern Territory for years. In Australia, 660 00:30:06,720 --> 00:30:08,200 Speaker 3: it's a nect idea. They stole it from them. So 661 00:30:08,280 --> 00:30:09,840 Speaker 3: we'll have a look at this in the next half hour. 662 00:30:10,120 --> 00:30:13,840 Speaker 3: And Brian McFadden and Keith Duffy are with us after 663 00:30:13,880 --> 00:30:14,360 Speaker 3: light o'clock. 664 00:30:17,880 --> 00:30:22,040 Speaker 2: The newsmakers and the personalities the big names talk to 665 00:30:22,360 --> 00:30:26,480 Speaker 2: like my costing breakfast with Bailey's real Estate, your local 666 00:30:26,520 --> 00:30:29,840 Speaker 2: experts across residential, commercial and rural news talks. 667 00:30:29,880 --> 00:30:32,160 Speaker 3: He'd be it is seven past seven, as well as 668 00:30:32,200 --> 00:30:34,560 Speaker 3: congestion charge news. The government also rolled out this new 669 00:30:34,560 --> 00:30:37,440 Speaker 3: traffic light sanctioned system for wealthy yesterday. The worst culprits 670 00:30:37,440 --> 00:30:39,920 Speaker 3: are handed the money Management card where half the benefit 671 00:30:39,920 --> 00:30:42,440 Speaker 3: can only be spent on essentials. Now, the former Wealthare 672 00:30:42,480 --> 00:30:44,920 Speaker 3: Expert Advisory Group member Phillo Riley's with us on this 673 00:30:44,960 --> 00:30:48,280 Speaker 3: feel very good morning to you, Mike. Does it address 674 00:30:48,360 --> 00:30:50,719 Speaker 3: the malaise of those who can't be bothered? Are there 675 00:30:50,760 --> 00:30:53,000 Speaker 3: a lot of those? And does it make a material difference. 676 00:30:53,680 --> 00:30:57,040 Speaker 13: Yeah, it's probably a sensible move, Mike. The idea when 677 00:30:57,080 --> 00:30:59,040 Speaker 13: we did the Walker for Advising Group, the authillages people 678 00:30:59,000 --> 00:31:01,600 Speaker 13: SHO don't have sanctions of what I do something that's sustainable. 679 00:31:01,640 --> 00:31:03,800 Speaker 13: I think the public expects that if you're not going 680 00:31:03,800 --> 00:31:05,320 Speaker 13: to follow all of the rules, then you're going to 681 00:31:05,320 --> 00:31:08,560 Speaker 13: get sanctioned. But at the same time, you don't want 682 00:31:08,560 --> 00:31:11,120 Speaker 13: those sanctions to hurt the kids and the family of 683 00:31:11,160 --> 00:31:14,120 Speaker 13: the person being sanctioned. So the idea of saying, well, 684 00:31:14,120 --> 00:31:16,120 Speaker 13: we'll let you have the money, but you can only 685 00:31:16,120 --> 00:31:18,400 Speaker 13: spend it on certain things, in this case probably groceries 686 00:31:18,440 --> 00:31:21,320 Speaker 13: and get and so on, I think that's sensible because 687 00:31:21,760 --> 00:31:23,680 Speaker 13: what you don't want to do is hurt kids, and 688 00:31:24,040 --> 00:31:25,560 Speaker 13: I think the government's trying to get to that and 689 00:31:26,440 --> 00:31:27,760 Speaker 13: all the rest of the things are putting in place 690 00:31:27,840 --> 00:31:29,959 Speaker 13: around you can phone and need of to chow out 691 00:31:29,960 --> 00:31:32,200 Speaker 13: to a wind's office, which is pretty dehumanizing. I thought 692 00:31:32,200 --> 00:31:34,120 Speaker 13: when I looked at it, all of those things I 693 00:31:34,120 --> 00:31:37,520 Speaker 13: think are sensible. So those complaining about it, I think 694 00:31:37,520 --> 00:31:39,760 Speaker 13: you need to just think about what's the other side 695 00:31:39,800 --> 00:31:41,640 Speaker 13: of this, In other words, taxpas paying for this, what 696 00:31:41,680 --> 00:31:45,520 Speaker 13: do they expect because it shouldn't just be a free 697 00:31:45,520 --> 00:31:46,800 Speaker 13: reign to go do anything you like. 698 00:31:46,920 --> 00:31:49,760 Speaker 3: So you're arguing it's not beneficially bashing, it's not cruelty, 699 00:31:49,920 --> 00:31:52,840 Speaker 3: it's what you would expect in a transactional relationship. 700 00:31:53,240 --> 00:31:55,240 Speaker 13: Yeah, particularly when you think of that traffic light system, 701 00:31:55,280 --> 00:31:56,560 Speaker 13: so that it's not as it just comes out of 702 00:31:56,560 --> 00:31:59,240 Speaker 13: the blue. You're getting a warning, you're getting some capacity 703 00:31:59,320 --> 00:32:02,080 Speaker 13: to change. So on the one thing I think, Mike, 704 00:32:02,120 --> 00:32:03,480 Speaker 13: where they might want to put some more thought and 705 00:32:03,640 --> 00:32:06,480 Speaker 13: is about getting work ready. What you don't want also 706 00:32:06,680 --> 00:32:08,840 Speaker 13: is is that people turn up to a job and 707 00:32:08,880 --> 00:32:10,640 Speaker 13: then don't like the job and they spend in and 708 00:32:10,680 --> 00:32:13,120 Speaker 13: out of their job. So what the government didn't do 709 00:32:13,160 --> 00:32:15,640 Speaker 13: much today the yesterday in terms are talking about it 710 00:32:15,680 --> 00:32:17,320 Speaker 13: was getting work ready. And I suspect that because the 711 00:32:17,320 --> 00:32:19,120 Speaker 13: politics don't play for them, they wanted to talk to 712 00:32:19,160 --> 00:32:20,640 Speaker 13: their crowd yesterday about sanctions. 713 00:32:20,680 --> 00:32:23,400 Speaker 3: But which was my question. I mean, how many people 714 00:32:23,440 --> 00:32:25,760 Speaker 3: are actually the problem versus how much of this is 715 00:32:25,840 --> 00:32:27,920 Speaker 3: just Hey, look we've done this and you can't argue 716 00:32:27,920 --> 00:32:29,360 Speaker 3: with it. 717 00:32:29,560 --> 00:32:31,479 Speaker 13: A little bit of both. Actually it's a bigger what 718 00:32:31,520 --> 00:32:33,880 Speaker 13: was happening under the last government. Because sanctions had basically 719 00:32:33,880 --> 00:32:36,800 Speaker 13: gone away to a large extent, you're seeing a startup 720 00:32:36,840 --> 00:32:40,400 Speaker 13: and this growth in the number of long term beneficiaries 721 00:32:40,400 --> 00:32:42,440 Speaker 13: even though the job market was actually very very tight. 722 00:32:42,840 --> 00:32:44,920 Speaker 13: So it does demonstrate the need of balance in this mic. 723 00:32:44,960 --> 00:32:47,240 Speaker 13: And I think the I think that you know under 724 00:32:47,280 --> 00:32:49,800 Speaker 13: the one thing that was happening very well under the 725 00:32:49,880 --> 00:32:51,880 Speaker 13: last government was the idea of at least building some 726 00:32:52,320 --> 00:32:55,200 Speaker 13: work capable skills. So the idea of getting people a 727 00:32:55,280 --> 00:32:57,400 Speaker 13: driver's license and a site safety since they get and 728 00:32:57,440 --> 00:32:59,040 Speaker 13: so on, just so they could go get a job 729 00:32:59,080 --> 00:33:01,640 Speaker 13: in construction for example. All of that I think is 730 00:33:01,640 --> 00:33:05,120 Speaker 13: a really important part of building the capacity for people 731 00:33:05,160 --> 00:33:07,440 Speaker 13: to move off well here. So most people do want 732 00:33:07,480 --> 00:33:08,920 Speaker 13: to do that. I mean, there are some people who 733 00:33:09,000 --> 00:33:10,360 Speaker 13: just want to stick around and do nothing, and they 734 00:33:10,400 --> 00:33:12,760 Speaker 13: should be sanctioned, of course, But most people want a job, 735 00:33:12,840 --> 00:33:14,520 Speaker 13: so we should have a bit of yin and yang, 736 00:33:14,520 --> 00:33:16,000 Speaker 13: and this about making sure we can do both. 737 00:33:16,040 --> 00:33:17,840 Speaker 3: I agree. The problem the other day with the unemployment 738 00:33:17,880 --> 00:33:20,160 Speaker 3: figure is half the people who lost their job between 739 00:33:20,200 --> 00:33:22,600 Speaker 3: I can't remember sixteen or eighteen or eighteen or nineteen 740 00:33:22,640 --> 00:33:24,920 Speaker 3: or whatever. What are they doing with that? Not in 741 00:33:24,960 --> 00:33:28,320 Speaker 3: school with no qualifications? Unemployed? There's something fundamentally wrong, there 742 00:33:28,360 --> 00:33:28,720 Speaker 3: isn't there. 743 00:33:29,240 --> 00:33:31,920 Speaker 13: Absolutely, it always happens when you get unemployment the unemployment 744 00:33:31,960 --> 00:33:34,479 Speaker 13: rate you see in the public, Double that for young people, 745 00:33:34,720 --> 00:33:37,680 Speaker 13: double it again from our specific people, double it again 746 00:33:38,240 --> 00:33:40,600 Speaker 13: for those people living in rural and regional New Zealand. 747 00:33:40,640 --> 00:33:42,080 Speaker 13: And that'll be going on this time too. I'm sure 748 00:33:42,080 --> 00:33:45,160 Speaker 13: the numbers will demonstrate that they always do. So this 749 00:33:45,280 --> 00:33:47,000 Speaker 13: is about your absolutely you right, making sure that our 750 00:33:47,000 --> 00:33:50,760 Speaker 13: school system provides kids with work ready skills, which is 751 00:33:50,800 --> 00:33:53,760 Speaker 13: about literacy numerously and so on, digital skills. But it's 752 00:33:53,800 --> 00:33:57,520 Speaker 13: also about activating support systems for them because in every 753 00:33:57,560 --> 00:33:59,760 Speaker 13: of the dead fashion system is it's not going to 754 00:34:00,040 --> 00:34:01,400 Speaker 13: and are out on a time to do that sort 755 00:34:01,440 --> 00:34:03,120 Speaker 13: of stuff, and a lot of it's about to bring 756 00:34:03,120 --> 00:34:06,080 Speaker 13: back six things, as us saying drivers and some basic 757 00:34:07,080 --> 00:34:09,600 Speaker 13: work ready skills and then turn up skills and where 758 00:34:09,600 --> 00:34:12,640 Speaker 13: are uniform skills, customer server skills. All of those things 759 00:34:12,640 --> 00:34:15,480 Speaker 13: become quite important, I think whens in this case where 760 00:34:15,480 --> 00:34:18,120 Speaker 13: those kids are spinning straight back out into welfare can 761 00:34:18,160 --> 00:34:20,680 Speaker 13: do a better job of doing some of that kind 762 00:34:20,719 --> 00:34:22,040 Speaker 13: of work. I know they already are doing it. Some 763 00:34:22,120 --> 00:34:24,839 Speaker 13: great people inside those winds officers doing some of that work. 764 00:34:24,960 --> 00:34:26,399 Speaker 13: I think we need to do more of it because 765 00:34:26,400 --> 00:34:29,799 Speaker 13: that'll build an employer confidence about taking these kids on 766 00:34:29,920 --> 00:34:30,560 Speaker 13: exactly well. 767 00:34:30,600 --> 00:34:34,239 Speaker 3: Unfelt appreciate it. Phillow Riley, former Welfare Expert Advisory Group member, 768 00:34:34,239 --> 00:34:37,239 Speaker 3: eleven minutes past seven. Just like everything else turns out 769 00:34:37,280 --> 00:34:39,160 Speaker 3: and new numbers shared, the cost of repairing our roads 770 00:34:39,200 --> 00:34:41,400 Speaker 3: is rising. In the past six years. One specific surface 771 00:34:41,400 --> 00:34:43,960 Speaker 3: has gone up two hundred thousand dollars gone up two 772 00:34:44,080 --> 00:34:47,759 Speaker 3: hundred thousand up. So for the same kilometers stretcher broke 773 00:34:47,840 --> 00:34:49,400 Speaker 3: did cost four hundred and twenty four thousand, now it 774 00:34:49,440 --> 00:34:52,520 Speaker 3: cost six hundred and twelve. These arensed Ta figures. Infometric's 775 00:34:52,520 --> 00:34:54,879 Speaker 3: principle economist Brad Olson was involved in this's working as 776 00:34:54,880 --> 00:34:56,120 Speaker 3: well as bred morning to you. 777 00:34:56,760 --> 00:34:57,320 Speaker 16: Good morning. 778 00:34:57,360 --> 00:35:00,560 Speaker 3: How much of its pure inflation versus you know, just 779 00:35:00,800 --> 00:35:02,120 Speaker 3: put the price up because we can. 780 00:35:03,400 --> 00:35:04,880 Speaker 16: I think there's a few things going on. I mean, 781 00:35:04,880 --> 00:35:07,440 Speaker 16: you're right, there is some pure inflation going on there. 782 00:35:07,640 --> 00:35:10,560 Speaker 16: If you look at you know, bitchmand prices, price of labor, 783 00:35:10,600 --> 00:35:12,600 Speaker 16: you know, getting people to do all this work, cones 784 00:35:13,200 --> 00:35:15,759 Speaker 16: and everything else. Myken have increased. But I think as well, 785 00:35:15,800 --> 00:35:18,319 Speaker 16: you look at that figure you just quoted for the 786 00:35:18,400 --> 00:35:21,000 Speaker 16: sealed road pavement rehabilitation, which is a bit. 787 00:35:20,920 --> 00:35:21,440 Speaker 13: Of a mouthful. 788 00:35:21,680 --> 00:35:23,799 Speaker 16: I think what that also highlights is that that is 789 00:35:23,840 --> 00:35:27,239 Speaker 16: almost like a full reconstruction, because for resealing, it's gone up, 790 00:35:27,239 --> 00:35:29,279 Speaker 16: but sort of not by as much. It's sort of 791 00:35:29,320 --> 00:35:33,480 Speaker 16: relatively stable in the numbers. But that rehabilitation, that's basically 792 00:35:33,480 --> 00:35:35,839 Speaker 16: where you're almost having to redo the road, but it's 793 00:35:35,840 --> 00:35:38,040 Speaker 16: gotten to such a station. I think that highlights that 794 00:35:38,480 --> 00:35:40,520 Speaker 16: over time there hasn't could have been enough money in 795 00:35:40,600 --> 00:35:43,120 Speaker 16: the transport budget that hasn't gone into the right areas. 796 00:35:43,480 --> 00:35:45,840 Speaker 16: Roads have degraded, and therefore when you have to go 797 00:35:45,880 --> 00:35:47,759 Speaker 16: and redo them, that's sort of in a worse state, 798 00:35:47,840 --> 00:35:50,759 Speaker 16: so you have to almost restart from scratch. Plus, of 799 00:35:50,800 --> 00:35:53,319 Speaker 16: course we've had much much worse whether the last couple 800 00:35:53,360 --> 00:35:55,160 Speaker 16: of years that have sort of recked the roading network 801 00:35:55,200 --> 00:35:57,680 Speaker 16: even more so. I think all of this is reflective 802 00:35:57,760 --> 00:36:01,040 Speaker 16: of the fact that you know, not only is building 803 00:36:01,120 --> 00:36:04,839 Speaker 16: construction infrastructure work a whole lot more expensive there's more 804 00:36:04,880 --> 00:36:07,160 Speaker 16: of it to do, and often we're starting from a 805 00:36:07,200 --> 00:36:09,640 Speaker 16: worse state, which often increases the cost. So there's sort 806 00:36:09,640 --> 00:36:12,680 Speaker 16: of a doubling, tripling up effect that's coming through here 807 00:36:12,719 --> 00:36:14,400 Speaker 16: that's making everything more expensive. 808 00:36:14,640 --> 00:36:17,520 Speaker 3: Is there a transport funding problem with politics? Is there 809 00:36:17,520 --> 00:36:19,680 Speaker 3: too much mucking around and that is that part of 810 00:36:19,680 --> 00:36:20,560 Speaker 3: the equation or not? 811 00:36:21,880 --> 00:36:24,520 Speaker 16: Oh, I definitely don't think it helps. I mean, there's 812 00:36:24,560 --> 00:36:26,520 Speaker 16: two things that I think frustrate a lot of people. 813 00:36:26,840 --> 00:36:28,799 Speaker 16: One is that you know, every three years we go 814 00:36:28,880 --> 00:36:32,440 Speaker 16: through the planning cycle from ZPA and they sort of 815 00:36:32,440 --> 00:36:34,480 Speaker 16: put together watch money they think needs to go on 816 00:36:34,520 --> 00:36:36,840 Speaker 16: to certain areas, and often you do have some pretty 817 00:36:36,840 --> 00:36:39,000 Speaker 16: big chopping and changing. I mean, I've looked at the 818 00:36:39,080 --> 00:36:42,200 Speaker 16: National and Transport Fund for the last sort of decade 819 00:36:42,280 --> 00:36:44,960 Speaker 16: or so, and you know there's every time we have 820 00:36:45,040 --> 00:36:47,480 Speaker 16: to sort of swap out one activity class swap and 821 00:36:47,520 --> 00:36:49,520 Speaker 16: another one figure out how they sort of match up 822 00:36:49,520 --> 00:36:52,680 Speaker 16: over time. So all of that does add costs and complication. 823 00:36:53,040 --> 00:36:55,480 Speaker 16: The greater worry, I think is that you for the 824 00:36:55,520 --> 00:36:58,960 Speaker 16: bigger projects, when politicians come in and you know, they 825 00:36:59,000 --> 00:37:01,520 Speaker 16: decide they want to take a different track, they often 826 00:37:01,560 --> 00:37:04,759 Speaker 16: will pause on a whole bunch of work while they 827 00:37:04,760 --> 00:37:07,000 Speaker 16: get their other projects ready to go now. 828 00:37:07,000 --> 00:37:08,759 Speaker 13: Because those new projects aren't. 829 00:37:08,480 --> 00:37:11,279 Speaker 16: Ready immediately, it takes you a year to butter buy 830 00:37:11,280 --> 00:37:13,799 Speaker 16: the land, planet all out, design its scope at speck 831 00:37:13,880 --> 00:37:16,239 Speaker 16: at all that before you get shovels in the ground. 832 00:37:16,320 --> 00:37:18,479 Speaker 16: It means that you often have this sort of big 833 00:37:18,520 --> 00:37:21,640 Speaker 16: hole and infrastructure activity at the start of every government term, 834 00:37:21,640 --> 00:37:23,960 Speaker 16: and it happens every time there's a change of government. 835 00:37:24,040 --> 00:37:26,560 Speaker 16: But I think more broadly that the challenge here Wright 836 00:37:26,680 --> 00:37:28,799 Speaker 16: is that we've got a lot of infrastructure that we 837 00:37:28,880 --> 00:37:31,560 Speaker 16: need to continue to progress with some of the cost 838 00:37:31,600 --> 00:37:34,959 Speaker 16: increases that have come through. Even if Cartahi is saying, look, 839 00:37:35,200 --> 00:37:37,600 Speaker 16: we've been providing a huge bunch more money into the 840 00:37:37,640 --> 00:37:40,439 Speaker 16: transport system, that might be true, you're getting less thing 841 00:37:40,480 --> 00:37:43,399 Speaker 16: for bucks, you're actually probably doing less actual volume work 842 00:37:43,520 --> 00:37:45,600 Speaker 16: and paying more for it. That's the challenge that we 843 00:37:45,680 --> 00:37:49,560 Speaker 16: continue to get bitten on price and cost escalation, which 844 00:37:49,600 --> 00:37:51,399 Speaker 16: means we've got to be a lot smarter with how 845 00:37:51,480 --> 00:37:54,640 Speaker 16: much infrastructure we're doing what's the most urgent and right work, 846 00:37:54,719 --> 00:37:57,080 Speaker 16: because otherwise we're going to continue to see those numbers 847 00:37:57,120 --> 00:37:57,440 Speaker 16: go up. 848 00:37:57,520 --> 00:37:59,960 Speaker 3: Stop it, bred you're making too much sense. Bread Al's 849 00:38:00,040 --> 00:38:02,600 Speaker 3: a Infometrics principal economist with us this morning. By the way, 850 00:38:02,640 --> 00:38:05,680 Speaker 3: we've got insight into the housing markets. Still a buyer's market, 851 00:38:05,760 --> 00:38:08,880 Speaker 3: but there's a big butt but more shortly fourteen past. 852 00:38:09,960 --> 00:38:14,400 Speaker 2: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered 853 00:38:14,400 --> 00:38:15,600 Speaker 2: by Newstalks. 854 00:38:15,320 --> 00:38:17,360 Speaker 3: B tell you what has gone up in price since? 855 00:38:17,760 --> 00:38:19,440 Speaker 3: That's the first time you've heard that in a long 856 00:38:19,480 --> 00:38:21,520 Speaker 3: period of time. But I've become an expert in since 857 00:38:21,520 --> 00:38:22,920 Speaker 3: and I'll tell you more about that later. Now, the 858 00:38:22,960 --> 00:38:25,640 Speaker 3: Canterbury Amp Show new board chair in the form of 859 00:38:25,640 --> 00:38:27,520 Speaker 3: Sir David Carter. You'll know the name form of Speaker 860 00:38:27,560 --> 00:38:29,560 Speaker 3: of the House of course, centerpiece of the cup and 861 00:38:29,600 --> 00:38:31,480 Speaker 3: show week of course going to be slightly different this 862 00:38:31,600 --> 00:38:34,960 Speaker 3: year due to the much debated changes. Anyways to David's 863 00:38:34,960 --> 00:38:36,520 Speaker 3: with us on this good morning. 864 00:38:36,280 --> 00:38:37,960 Speaker 17: To you, Mariy Micah. 865 00:38:37,960 --> 00:38:39,960 Speaker 3: How big a sales job you got to make this 866 00:38:40,040 --> 00:38:41,239 Speaker 3: one work for you this year? 867 00:38:42,000 --> 00:38:44,160 Speaker 17: The biggest job we've got is to get our supporters 868 00:38:44,320 --> 00:38:48,880 Speaker 17: backing us. We've got to get sponsorship. The situation financially 869 00:38:48,840 --> 00:38:51,719 Speaker 17: it is precarious, but we're absolutely determined to run a 870 00:38:51,800 --> 00:38:54,600 Speaker 17: show for twenty four as the in better place to 871 00:38:54,680 --> 00:38:56,680 Speaker 17: run a normal show in twenty five? 872 00:38:56,840 --> 00:39:00,480 Speaker 3: Good from your expertise. What was the problem is that 873 00:39:00,600 --> 00:39:02,440 Speaker 3: the structure. Was it the structure of the way it 874 00:39:02,480 --> 00:39:03,080 Speaker 3: was run or not? 875 00:39:04,200 --> 00:39:08,080 Speaker 17: Personality is basically there is a board which then lost 876 00:39:08,120 --> 00:39:11,440 Speaker 17: confidence in the general committee. The general committee lost confidence 877 00:39:11,480 --> 00:39:14,319 Speaker 17: in the board. The two would not work together and 878 00:39:14,560 --> 00:39:18,719 Speaker 17: the whole arrangement became dysfunctional. And the easy answer for 879 00:39:18,760 --> 00:39:20,560 Speaker 17: the then board was to say, we're not running a 880 00:39:20,560 --> 00:39:23,840 Speaker 17: show that's not good enough for me. This show is 881 00:39:24,000 --> 00:39:26,840 Speaker 17: absolutely iconic. It's part of show week. How do you 882 00:39:26,880 --> 00:39:28,520 Speaker 17: have a show week if you haven't got a show? 883 00:39:28,840 --> 00:39:31,080 Speaker 17: So myself and other people have put our hands up 884 00:39:31,120 --> 00:39:33,000 Speaker 17: and said we're going to do our best to get 885 00:39:33,000 --> 00:39:33,880 Speaker 17: this back on track. 886 00:39:34,080 --> 00:39:36,080 Speaker 3: How different does twenty four look from twenty five? 887 00:39:36,120 --> 00:39:39,480 Speaker 17: Then twenty four will be a bit smaller. We've only 888 00:39:39,520 --> 00:39:43,520 Speaker 17: got ninety three days to do it. We've engaged a 889 00:39:43,560 --> 00:39:47,799 Speaker 17: professional event management company called event Hire. They're working very 890 00:39:47,840 --> 00:39:51,920 Speaker 17: professionally with us and between themselves, and we will run 891 00:39:51,960 --> 00:39:54,640 Speaker 17: a show. I don't think people will notice a big difference. 892 00:39:54,920 --> 00:39:57,880 Speaker 17: But what people need to do, be they urban people 893 00:39:57,960 --> 00:40:00,560 Speaker 17: or rural people, if they want this show to continue 894 00:40:00,600 --> 00:40:02,440 Speaker 17: they've got to come out and support us and be 895 00:40:02,520 --> 00:40:03,720 Speaker 17: there over the two days. 896 00:40:03,760 --> 00:40:05,600 Speaker 3: Good stuff might go well with it's the Devid cart 897 00:40:05,640 --> 00:40:08,120 Speaker 3: and new Canterby AMP Association board cheer. We wish them 898 00:40:08,160 --> 00:40:10,200 Speaker 3: the best with that trade me data this morning on 899 00:40:10,200 --> 00:40:12,800 Speaker 3: the property could be the time to buy buyers market. 900 00:40:12,840 --> 00:40:15,080 Speaker 3: They think now that conditions are likely to change in 901 00:40:15,120 --> 00:40:17,799 Speaker 3: the coming months. I do too, with springing, a bunch 902 00:40:17,800 --> 00:40:20,600 Speaker 3: of stuff happening, our interest rates coming down, all that stuff. Anyway, 903 00:40:20,640 --> 00:40:23,560 Speaker 3: the average asking price right here right now is around 904 00:40:23,560 --> 00:40:26,000 Speaker 3: fifty thousand dollars less than it was at the beginning 905 00:40:26,040 --> 00:40:28,480 Speaker 3: of the year, lowest it's been in three years. As 906 00:40:28,520 --> 00:40:32,040 Speaker 3: regards listings, listing's under a million, which is sort of talking. 907 00:40:32,040 --> 00:40:34,279 Speaker 3: In the first time buyer market, they're up twenty seven 908 00:40:34,280 --> 00:40:36,680 Speaker 3: percent on the year. If you want to be specific 909 00:40:36,680 --> 00:40:39,160 Speaker 3: for first time buyers six to eight hundred thousand, they're 910 00:40:39,239 --> 00:40:42,799 Speaker 3: up twenty nine percent. Longer time for houses to sell 911 00:40:42,840 --> 00:40:44,719 Speaker 3: medium number of days has gone from seventy three to 912 00:40:44,760 --> 00:40:47,719 Speaker 3: seventy five in July, so there's lots more houses. They're 913 00:40:47,760 --> 00:40:49,600 Speaker 3: on the market longer, and they're sort of in your 914 00:40:49,600 --> 00:40:52,880 Speaker 3: price range. Hence they're claiming that it's the buyer's market. 915 00:40:53,000 --> 00:40:57,320 Speaker 3: My best story of the day belongs to Lewis Pollock 916 00:40:58,239 --> 00:41:00,919 Speaker 3: speaking of housing and it's a brilliant story. And more 917 00:41:00,920 --> 00:41:02,520 Speaker 3: on that later on seven twenty. 918 00:41:04,200 --> 00:41:09,040 Speaker 2: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered 919 00:41:09,080 --> 00:41:09,880 Speaker 2: by Newstalks. 920 00:41:10,080 --> 00:41:11,279 Speaker 7: Be right. 921 00:41:11,320 --> 00:41:13,919 Speaker 3: If you're a business leader, you're looking for the investment opportunities. 922 00:41:13,960 --> 00:41:16,960 Speaker 3: Of course, risk free return on investment of five hundred 923 00:41:17,040 --> 00:41:19,880 Speaker 3: percent plus. Well, if it sounds unbelievable, it could be 924 00:41:19,920 --> 00:41:23,080 Speaker 3: true for your business book. Basically, you'll let your knowledge 925 00:41:23,080 --> 00:41:26,080 Speaker 3: workers harness the power of AI. Right, you'll generate a 926 00:41:26,160 --> 00:41:28,520 Speaker 3: very high return on investment. Remove the routine, the boring 927 00:41:28,560 --> 00:41:30,600 Speaker 3: work from their day and the returns will accelerate. Simple 928 00:41:30,640 --> 00:41:33,480 Speaker 3: as that. But how do you provide them access to 929 00:41:33,640 --> 00:41:35,879 Speaker 3: AI safely and securely? That's the question of the age. 930 00:41:35,920 --> 00:41:37,880 Speaker 3: One net have come to the party here. They've got 931 00:41:37,920 --> 00:41:40,840 Speaker 3: assister company these days called Grizzly AI. They built a 932 00:41:40,840 --> 00:41:43,360 Speaker 3: safe and secure path for risk averse businesses to access 933 00:41:43,400 --> 00:41:46,080 Speaker 3: the generative AI. It's low touch, just out of the 934 00:41:46,080 --> 00:41:49,400 Speaker 3: box software, great user experience, no integrations, no training, no 935 00:41:49,480 --> 00:41:51,000 Speaker 3: delays to get started. So if you need to make 936 00:41:51,000 --> 00:41:53,040 Speaker 3: a profit, go to one net dot co, dot zet 937 00:41:53,120 --> 00:41:55,520 Speaker 3: one net, dot co, dot z Start your free seven 938 00:41:55,600 --> 00:41:58,960 Speaker 3: day trial grizzly ai today. Couple of white papers how 939 00:41:59,000 --> 00:42:02,360 Speaker 3: grizzly ai can generate a five hundred percent plus return 940 00:42:02,719 --> 00:42:06,239 Speaker 3: on investment for your business. Try their online model with 941 00:42:06,280 --> 00:42:09,279 Speaker 3: your own financial assumptions. See how high the return on 942 00:42:09,320 --> 00:42:11,440 Speaker 3: investment can be with grizzly Ai. So it's one that 943 00:42:11,840 --> 00:42:15,920 Speaker 3: it's grizzly Ai helping you succeed in business Paski ten 944 00:42:16,040 --> 00:42:17,719 Speaker 3: twenty four. So what to make of the so called 945 00:42:17,719 --> 00:42:20,880 Speaker 3: power crisis? Right, Mike Fus about this time yesterday on 946 00:42:20,920 --> 00:42:23,799 Speaker 3: the program Contact Energy gave an eloquent defense of the 947 00:42:23,840 --> 00:42:26,120 Speaker 3: power industry. He said, look, it works fine. Yes, we're 948 00:42:26,120 --> 00:42:28,759 Speaker 3: in a period of transition. The investment is being made. 949 00:42:28,840 --> 00:42:30,759 Speaker 3: It will work out well in the end. Now tell 950 00:42:30,800 --> 00:42:33,040 Speaker 3: that to the mills who have so far closed or 951 00:42:33,080 --> 00:42:34,879 Speaker 3: stopped and the workers who were waiting to hear whether 952 00:42:34,880 --> 00:42:37,600 Speaker 3: they've got jobs. Tell that to the businesses paying double 953 00:42:37,640 --> 00:42:39,400 Speaker 3: what they did last year for pout. Tell that to 954 00:42:39,440 --> 00:42:42,359 Speaker 3: the farming sector, the likes of Fontira, who now say 955 00:42:42,480 --> 00:42:46,400 Speaker 3: this affects our export competitiveness. They claim they've been arguing 956 00:42:46,400 --> 00:42:49,919 Speaker 3: for industry reform for ages. Now EN's co are into meet. 957 00:42:50,080 --> 00:42:52,120 Speaker 3: They're paying twice what they were last year, and you 958 00:42:52,160 --> 00:42:54,880 Speaker 3: know who that gets passed on to. Meantime, the government 959 00:42:54,920 --> 00:42:58,200 Speaker 3: looking at LNG contact yesterday claimed on this program an 960 00:42:58,200 --> 00:43:01,200 Speaker 3: announcement was coming on gas. Well, let's hope that's good. 961 00:43:01,440 --> 00:43:03,200 Speaker 3: And at some point we may or may not hear 962 00:43:03,239 --> 00:43:06,320 Speaker 3: from the ComCom or the electricity authority, although if you 963 00:43:06,440 --> 00:43:09,440 Speaker 3: followed the various scraps of late over things like petrol 964 00:43:09,440 --> 00:43:12,160 Speaker 3: and building supplies and supermarkets or banks, when the likes 965 00:43:12,160 --> 00:43:14,440 Speaker 3: of authorities get involved, it appears to be more headlined 966 00:43:14,440 --> 00:43:17,560 Speaker 3: noise than actual change. The big picture is the key here. 967 00:43:17,680 --> 00:43:20,840 Speaker 3: If we can't make enough power now, even with the 968 00:43:20,920 --> 00:43:23,960 Speaker 3: arrival of the new staff, the GOO, the wind, the solar, 969 00:43:24,400 --> 00:43:27,440 Speaker 3: where do the evs fit in the data centers? The 970 00:43:27,480 --> 00:43:31,160 Speaker 3: AI power, whether at a crisis point or not, is 971 00:43:31,200 --> 00:43:33,640 Speaker 3: too expensive in this country, and not just too expensive 972 00:43:33,680 --> 00:43:36,640 Speaker 3: but clearly unreliable. See three main things drive the industry Currently. 973 00:43:36,680 --> 00:43:38,400 Speaker 3: We've got the rain and we don't have enough of that. 974 00:43:38,800 --> 00:43:40,839 Speaker 3: We've got gas while we stop looking so the current 975 00:43:40,880 --> 00:43:42,800 Speaker 3: reserves are running out. In the wind, it's not blowing. 976 00:43:43,320 --> 00:43:46,239 Speaker 3: So three good options on paper in reality, they don't work. 977 00:43:46,640 --> 00:43:50,200 Speaker 3: So the industry says, don't panic. The user says, it's 978 00:43:50,239 --> 00:43:53,600 Speaker 3: a crisis. Our exports are being hit. So this it 979 00:43:53,600 --> 00:43:54,759 Speaker 3: seems to me as a bit of a job for 980 00:43:54,800 --> 00:43:57,160 Speaker 3: the government. Jawbony which they've done to this point hasn't 981 00:43:57,239 --> 00:44:00,520 Speaker 3: and isn't working. Leaving it to the market is working. 982 00:44:00,920 --> 00:44:03,080 Speaker 3: See if you don't have power your third world we 983 00:44:03,360 --> 00:44:07,799 Speaker 3: look currently pretty third world cosking. Here's sinks. If you 984 00:44:07,800 --> 00:44:09,960 Speaker 3: think the roads are bad, the number we didn't give 985 00:44:09,960 --> 00:44:12,280 Speaker 3: you the Seagle Road resurfacing. So when you go to resurface, 986 00:44:12,320 --> 00:44:14,520 Speaker 3: the cost has gone from twenty eighteen to twenty twenty four. 987 00:44:14,800 --> 00:44:17,080 Speaker 3: So it's gone from fifty nine grand to sixty six grand? 988 00:44:17,120 --> 00:44:19,440 Speaker 3: Is is that acceptable in sixty years? Doesn't strike me 989 00:44:19,480 --> 00:44:22,520 Speaker 3: as being abnormal. Having said that motorway was closed this 990 00:44:22,560 --> 00:44:25,319 Speaker 3: morning on the way to work at two thirty, I 991 00:44:25,440 --> 00:44:28,319 Speaker 3: counted seven million, two one hundred and fifty seven, six 992 00:44:28,400 --> 00:44:30,400 Speaker 3: hundred and forty two cones, So that whole we're going 993 00:44:30,440 --> 00:44:33,560 Speaker 3: to change. The cone system hasn't changed. But anyway sinks, Well, 994 00:44:33,600 --> 00:44:35,439 Speaker 3: you made a mistake in the renovation. Put the wrong 995 00:44:35,480 --> 00:44:38,239 Speaker 3: sink in. Don't like the sink, doesn't work. Sink's not 996 00:44:38,280 --> 00:44:40,960 Speaker 3: acceptable anymore. I'm not saying this. This is not me. 997 00:44:41,080 --> 00:44:42,520 Speaker 3: I have nothing to do with these things. It's just 998 00:44:42,560 --> 00:44:44,040 Speaker 3: a voice in the house that when you come home, 999 00:44:44,320 --> 00:44:46,080 Speaker 3: all of a sudden you are told the sink doesn't work. 1000 00:44:46,080 --> 00:44:47,879 Speaker 3: The sink is not acceptable. We need a new sink. 1001 00:44:49,160 --> 00:44:51,280 Speaker 3: Whether you can pull a sink out of a bench 1002 00:44:51,320 --> 00:44:54,560 Speaker 3: tops another thing turns out, apparently for a extortion at price, 1003 00:44:54,680 --> 00:44:56,960 Speaker 3: you can. But that's not the price. The price of 1004 00:44:57,000 --> 00:44:59,160 Speaker 3: the sink when we did it a couple of years 1005 00:44:59,160 --> 00:45:02,200 Speaker 3: ago was five or six hundred dollars now said a 1006 00:45:02,200 --> 00:45:03,600 Speaker 3: lot for a sink. I don't know. Wouldn't have a 1007 00:45:03,600 --> 00:45:05,080 Speaker 3: clue what a sinx cost. If I said to you, 1008 00:45:05,120 --> 00:45:07,320 Speaker 3: what do you reckon a sink costs, I reckon I 1009 00:45:07,360 --> 00:45:09,120 Speaker 3: would have gone forward to six hundred dollars just at 1010 00:45:09,120 --> 00:45:12,400 Speaker 3: a guess ceramic. Anyway, The problem is it's not the 1011 00:45:12,440 --> 00:45:14,319 Speaker 3: shiny one. It's a matt one, which was a bit 1012 00:45:14,360 --> 00:45:16,719 Speaker 3: of a bit of a look at the time, and 1013 00:45:16,760 --> 00:45:18,400 Speaker 3: it turns out the bit of a look, it's a 1014 00:45:18,400 --> 00:45:20,759 Speaker 3: pain in the ass because the stains all over the thing. 1015 00:45:20,800 --> 00:45:22,640 Speaker 3: We need to get a new one, new shiny one. 1016 00:45:22,719 --> 00:45:24,520 Speaker 3: Do you know what a new shiny one is. It's 1017 00:45:24,520 --> 00:45:26,080 Speaker 3: gone from five or six hundred dollars a couple of 1018 00:45:26,160 --> 00:45:29,440 Speaker 3: years ago too, Are you ready for it? One thousand, 1019 00:45:30,080 --> 00:45:34,320 Speaker 3: seven hundred dollars. So that's sink flation, isn't it? 1020 00:45:34,440 --> 00:45:37,040 Speaker 4: Sort of a sink hole that you've born very much 1021 00:45:37,200 --> 00:45:37,600 Speaker 4: sink hole. 1022 00:45:37,719 --> 00:45:39,520 Speaker 3: So anyway, so there is some dispute at the moment 1023 00:45:39,560 --> 00:45:41,000 Speaker 3: whether we're going to be doing that in our house 1024 00:45:41,080 --> 00:45:43,319 Speaker 3: or not. News for you in a couple of moments. 1025 00:45:43,400 --> 00:45:43,920 Speaker 3: Then the Prime in. 1026 00:45:43,920 --> 00:45:49,120 Speaker 2: Mist the Breakfast Show You Can Trust, the Mic Costing, 1027 00:45:49,200 --> 00:45:53,680 Speaker 2: Breakfast with al Vida, Retirement Communities, Life Your Way News, 1028 00:45:53,680 --> 00:45:54,440 Speaker 2: Tog said. 1029 00:45:54,200 --> 00:45:57,680 Speaker 3: B twenty four minutes away from it. It is Prime 1030 00:45:57,719 --> 00:46:00,480 Speaker 3: Minster Tuesday. Christopher Utsin's with us in the studio. Good morning. 1031 00:46:01,200 --> 00:46:03,600 Speaker 3: Not that it's nice to not see you, but the 1032 00:46:03,640 --> 00:46:06,280 Speaker 3: reason you are here is there is no parliament, yes, 1033 00:46:06,320 --> 00:46:08,600 Speaker 3: and you've got business to do. You've got business to 1034 00:46:08,640 --> 00:46:11,000 Speaker 3: do when you've got legislation to pass and you announced 1035 00:46:11,080 --> 00:46:14,480 Speaker 3: yesterday a congestion charge which requires legislation. You can't pass 1036 00:46:14,520 --> 00:46:17,000 Speaker 3: the legislation because the parliament's not open. Why aren't we 1037 00:46:17,120 --> 00:46:18,320 Speaker 3: doing more work? 1038 00:46:18,880 --> 00:46:20,920 Speaker 6: You're on one of my things, which is coming new 1039 00:46:20,960 --> 00:46:22,719 Speaker 6: to politics, you sort of look at it and go, man, 1040 00:46:22,800 --> 00:46:26,200 Speaker 6: the parliament stops December, used to stop December ten, and 1041 00:46:26,239 --> 00:46:28,920 Speaker 6: then by the time you get through sort of anniversary 1042 00:46:28,920 --> 00:46:31,200 Speaker 6: weekend and then WAITANGI it's sort of mid February by 1043 00:46:31,200 --> 00:46:33,040 Speaker 6: the time it starts up again, and then you go 1044 00:46:33,120 --> 00:46:34,480 Speaker 6: for a bit. There's some we've done a lot of 1045 00:46:34,520 --> 00:46:36,960 Speaker 6: things under urgency, so we've had some quite long sessions. 1046 00:46:37,440 --> 00:46:38,960 Speaker 6: But yeah, it's one of the things I talked to 1047 00:46:39,040 --> 00:46:39,839 Speaker 6: Chris Bishop. 1048 00:46:39,520 --> 00:46:41,000 Speaker 3: Who's Leader of the House, about how do we are 1049 00:46:41,000 --> 00:46:42,520 Speaker 3: you going to change it? So you had three weeks 1050 00:46:42,520 --> 00:46:44,040 Speaker 3: care correcting me up and wrong, three weeks off for 1051 00:46:44,040 --> 00:46:46,399 Speaker 3: the school holidays, you came back for the last two 1052 00:46:46,400 --> 00:46:49,680 Speaker 3: weeks and off again, as I just for a week. 1053 00:46:49,719 --> 00:46:52,400 Speaker 6: I mean, as I understand it, it's because of the 1054 00:46:52,440 --> 00:46:55,320 Speaker 6: way it was faced in the first half. There's a 1055 00:46:55,320 --> 00:46:58,080 Speaker 6: whole bunch of technical reasons for it. But look, the 1056 00:46:58,080 --> 00:46:59,920 Speaker 6: bottom line is we're working pretty hard and I think 1057 00:47:00,120 --> 00:47:02,640 Speaker 6: we've got a big legislative Forginia to get done before Christmas, 1058 00:47:03,000 --> 00:47:05,319 Speaker 6: and frankly we'll just be running into urgency, which means 1059 00:47:05,360 --> 00:47:07,880 Speaker 6: that we go from nine to midnight until we get 1060 00:47:07,920 --> 00:47:09,520 Speaker 6: it done. All right, so we go in tow weekends 1061 00:47:09,520 --> 00:47:10,600 Speaker 6: if we have to the congestion. 1062 00:47:10,760 --> 00:47:13,160 Speaker 3: Not that I'm against it, but to suggest, assuming and 1063 00:47:13,200 --> 00:47:15,400 Speaker 3: did yesterday, it's not about raising revenue was simply not 1064 00:47:15,440 --> 00:47:17,880 Speaker 3: true because it raised well revenue. 1065 00:47:18,000 --> 00:47:20,040 Speaker 6: Yeah, so it raises revenue and that will be used 1066 00:47:20,080 --> 00:47:23,360 Speaker 6: on transport infrastructure and it can't be used on pet projects. 1067 00:47:22,880 --> 00:47:23,960 Speaker 3: And silly stuff. 1068 00:47:23,960 --> 00:47:26,440 Speaker 6: But the real reason for it, and there's actually been 1069 00:47:26,920 --> 00:47:28,960 Speaker 6: all political parties over the last two or three years 1070 00:47:28,960 --> 00:47:31,680 Speaker 6: have been very supportive of this in Parliament, is that 1071 00:47:31,719 --> 00:47:34,040 Speaker 6: when you look around the world, if you do it right, 1072 00:47:34,080 --> 00:47:36,680 Speaker 6: you can get an eight to twelve percent reduction and congestion. 1073 00:47:36,800 --> 00:47:39,399 Speaker 6: So if you think about school holidays in Auckland, that's 1074 00:47:39,440 --> 00:47:41,399 Speaker 6: about sort of what that would look like. And then 1075 00:47:41,520 --> 00:47:43,600 Speaker 6: when you look at the actual time it takes per 1076 00:47:43,680 --> 00:47:46,239 Speaker 6: kilometer and Auckland versus say, similar cities in Australia, we've 1077 00:47:46,239 --> 00:47:48,560 Speaker 6: got a congestion problem. And congestion the problem with that 1078 00:47:48,680 --> 00:47:50,359 Speaker 6: is the trade. You can't go do another job. 1079 00:47:51,239 --> 00:47:52,600 Speaker 3: You know, you've got slow deliveries. 1080 00:47:52,640 --> 00:47:54,879 Speaker 6: You've got a whole bunch of economic and product tiv 1081 00:47:54,920 --> 00:47:57,480 Speaker 6: each other. Poor roads though, yeah, we do poor roads, 1082 00:47:57,480 --> 00:47:58,759 Speaker 6: and that's why we're trying to spend a lot of 1083 00:47:58,760 --> 00:48:02,800 Speaker 6: money investing in up creating those roads. But congestion charging 1084 00:48:02,840 --> 00:48:05,319 Speaker 6: is something that will somebody will open it up and 1085 00:48:05,440 --> 00:48:06,960 Speaker 6: we'll get some submissions on it will work with the 1086 00:48:06,960 --> 00:48:07,399 Speaker 6: council line. 1087 00:48:08,239 --> 00:48:10,640 Speaker 3: The Wayne Brown dream of taking some power off at 1088 00:48:11,200 --> 00:48:13,640 Speaker 3: this is simm and Brown as well. When is this 1089 00:48:13,719 --> 00:48:14,680 Speaker 3: actually going to happen. 1090 00:48:14,719 --> 00:48:16,200 Speaker 6: It's not going to happen. We're not going to merge 1091 00:48:16,200 --> 00:48:18,600 Speaker 6: at and n Z t A. But I think the 1092 00:48:18,640 --> 00:48:21,800 Speaker 6: mayor and ourselves are pretty unhappy with Auckland Transports performance 1093 00:48:22,440 --> 00:48:24,479 Speaker 6: and some and the Meal will continue to talk about 1094 00:48:24,480 --> 00:48:25,200 Speaker 6: what they can do to. 1095 00:48:25,120 --> 00:48:26,680 Speaker 3: Do That's what we're doing. They're just going to talk 1096 00:48:26,719 --> 00:48:27,040 Speaker 3: some more. 1097 00:48:27,080 --> 00:48:29,400 Speaker 6: Well, I'll let them sort that out. But the bottom 1098 00:48:29,480 --> 00:48:31,560 Speaker 6: line is I don't think anyone one hundred percent happy 1099 00:48:31,600 --> 00:48:32,320 Speaker 6: with Auckland Transports. 1100 00:48:32,400 --> 00:48:34,080 Speaker 3: No, but in not being happy, don't you want to 1101 00:48:34,080 --> 00:48:34,839 Speaker 3: do something about it? 1102 00:48:35,040 --> 00:48:37,560 Speaker 6: Well, we may well do something about it, but that'll 1103 00:48:37,600 --> 00:48:38,719 Speaker 6: be something that will work with the mirror. 1104 00:48:39,360 --> 00:48:41,240 Speaker 3: Yeah, but he would tell you to take some power 1105 00:48:41,280 --> 00:48:41,680 Speaker 3: off them. 1106 00:48:42,600 --> 00:48:44,759 Speaker 6: He might have a whole bunch of different ideas and 1107 00:48:44,800 --> 00:48:45,200 Speaker 6: we might have. 1108 00:48:45,760 --> 00:48:49,160 Speaker 3: So my understanding was you were looking at doing something tangible, You're. 1109 00:48:49,000 --> 00:48:51,560 Speaker 6: Not, As I said, I think what I heard yesterday 1110 00:48:51,640 --> 00:48:53,239 Speaker 6: was people were saying, Oh, we're going to merge at 1111 00:48:53,440 --> 00:48:55,360 Speaker 6: with n z TA, and that's not going to happen. 1112 00:48:55,440 --> 00:49:00,719 Speaker 3: Okay. As regards the power crisis, has anything happened since 1113 00:49:00,800 --> 00:49:02,680 Speaker 3: I talked to you about this last week? Apart from 1114 00:49:02,719 --> 00:49:04,160 Speaker 3: we're not happy yep. 1115 00:49:04,400 --> 00:49:07,800 Speaker 6: There's been rationing of gas so that actually we're getting 1116 00:49:07,800 --> 00:49:11,080 Speaker 6: it from places where it needs to get out of 1117 00:49:11,160 --> 00:49:15,239 Speaker 6: to actually into the energy system. What's happening is I mean, look, 1118 00:49:15,480 --> 00:49:17,120 Speaker 6: if you back up the truck of it, this is 1119 00:49:17,160 --> 00:49:19,120 Speaker 6: a function of actually the any of that aill and 1120 00:49:19,160 --> 00:49:21,200 Speaker 6: gas band and as a result, there's been no local 1121 00:49:21,239 --> 00:49:24,040 Speaker 6: exploration of gas. And as a result, when we've got 1122 00:49:24,040 --> 00:49:26,399 Speaker 6: a dry year like we have now, we've got caught 1123 00:49:26,440 --> 00:49:29,160 Speaker 6: horribly in terms of we're short. That is affecting our 1124 00:49:29,200 --> 00:49:30,080 Speaker 6: industrial basis. 1125 00:49:30,160 --> 00:49:32,719 Speaker 3: So you're not fixing that tomorrow, even if you say, go, look, 1126 00:49:33,000 --> 00:49:34,080 Speaker 3: guess there's no guarantee. 1127 00:49:34,080 --> 00:49:35,719 Speaker 6: No, But there are short term things that I think 1128 00:49:35,760 --> 00:49:38,080 Speaker 6: we can do around electricity gas, and then I think 1129 00:49:38,120 --> 00:49:40,160 Speaker 6: there are other things around structure of the sector that 1130 00:49:40,160 --> 00:49:41,360 Speaker 6: we will look at as well. 1131 00:49:41,520 --> 00:49:42,880 Speaker 3: What do you say to Mike foods. She was on 1132 00:49:42,880 --> 00:49:44,799 Speaker 3: the program yesterday from contact right now, you see there's 1133 00:49:44,840 --> 00:49:48,160 Speaker 3: nothing where we're investing. It'll get there eventually. It's just 1134 00:49:48,200 --> 00:49:50,680 Speaker 3: an industry and transition. Is that fair or not. 1135 00:49:53,000 --> 00:49:55,360 Speaker 6: I get that they're doing a lot of investment and 1136 00:49:55,360 --> 00:49:57,560 Speaker 6: they've got more certainty now to invest given we've got 1137 00:49:57,640 --> 00:50:00,400 Speaker 6: ty sworded, got rid of Lake Onslow, we end the 1138 00:50:00,440 --> 00:50:03,239 Speaker 6: oil and gas ban ultimately. But I would just say 1139 00:50:03,280 --> 00:50:04,799 Speaker 6: to you also, you know, when you're running at one 1140 00:50:04,800 --> 00:50:07,359 Speaker 6: thousand dollars per mega wat as we were a week 1141 00:50:07,400 --> 00:50:09,840 Speaker 6: before last, and you've got Australia and others running at 1142 00:50:09,840 --> 00:50:12,279 Speaker 6: fifty to one hundred, we've got a problem. And the 1143 00:50:12,280 --> 00:50:15,960 Speaker 6: problem is essentially we're now having to import huge amounts 1144 00:50:15,960 --> 00:50:18,120 Speaker 6: of Indonestian coal to actually get that Huntly power station 1145 00:50:18,239 --> 00:50:21,239 Speaker 6: others working. When we could have had gas and now 1146 00:50:21,280 --> 00:50:23,920 Speaker 6: we've got no gas locally because it got ended five 1147 00:50:23,960 --> 00:50:25,640 Speaker 6: years ago. Why would you invest in something that was 1148 00:50:25,680 --> 00:50:26,879 Speaker 6: going to be that is true? 1149 00:50:26,880 --> 00:50:29,200 Speaker 3: He said, there's an announcement coming on gas. Do you 1150 00:50:29,239 --> 00:50:30,279 Speaker 3: know anything about that or not? 1151 00:50:31,000 --> 00:50:33,479 Speaker 6: I might be aware of something, but that you're aware 1152 00:50:33,520 --> 00:50:35,479 Speaker 6: of it, I'll let them out the news. 1153 00:50:35,560 --> 00:50:36,680 Speaker 3: Is it substantial or not? 1154 00:50:36,800 --> 00:50:36,960 Speaker 13: Yeah? 1155 00:50:37,040 --> 00:50:37,680 Speaker 3: Yeah, it does it. 1156 00:50:38,000 --> 00:50:39,839 Speaker 6: So there's a series of what we've done is we've 1157 00:50:39,880 --> 00:50:43,080 Speaker 6: got the industry together probably about eight weeks twelve weeks ago, 1158 00:50:43,560 --> 00:50:46,000 Speaker 6: and we're actually talking about how do we ration supply, 1159 00:50:46,120 --> 00:50:48,239 Speaker 6: how do we actually get gas from one place, you know, 1160 00:50:48,280 --> 00:50:49,799 Speaker 6: to another place where we need it to get to 1161 00:50:49,800 --> 00:50:53,120 Speaker 6: to consumers ultimately and to support our industrial base. 1162 00:50:52,960 --> 00:50:55,640 Speaker 3: So that will alleviate the problem we have right about right. 1163 00:50:55,600 --> 00:50:57,719 Speaker 6: Series are short term tactical things that we can do 1164 00:50:57,840 --> 00:51:00,000 Speaker 6: to make sure that we've got the supply and demand 1165 00:51:00,280 --> 00:51:03,080 Speaker 6: working better. But the bigger question is what are the 1166 00:51:03,120 --> 00:51:05,319 Speaker 6: longer term, medium term actions that we need to get 1167 00:51:05,320 --> 00:51:08,480 Speaker 6: sorted so that we don't have this energy security challenge. 1168 00:51:08,480 --> 00:51:10,720 Speaker 6: We shouldn't have this in this country. We've got abundant 1169 00:51:10,760 --> 00:51:13,840 Speaker 6: natural resources. If we have gas, which we're going to 1170 00:51:13,920 --> 00:51:17,719 Speaker 6: need when we've got driververs and dry lakes and no 1171 00:51:17,840 --> 00:51:19,360 Speaker 6: wind and no sun, are we going to need that? 1172 00:51:19,640 --> 00:51:23,440 Speaker 3: Does the industry need up ending or not? Well, we're 1173 00:51:23,520 --> 00:51:25,600 Speaker 3: up to looking at anything and everything. All options are 1174 00:51:25,640 --> 00:51:27,920 Speaker 3: on the tables. He says, it doesn't it's fine, We'll 1175 00:51:27,920 --> 00:51:29,799 Speaker 3: get there. Do you say differently or not? 1176 00:51:30,239 --> 00:51:31,799 Speaker 6: Where that's one piece of work they want to look 1177 00:51:31,800 --> 00:51:32,760 Speaker 6: at our industry structure. 1178 00:51:32,800 --> 00:51:35,600 Speaker 3: Okay, because where's the ComCom and the EA. They don't 1179 00:51:35,600 --> 00:51:38,440 Speaker 3: seem either awake or alert to what's going on or 1180 00:51:38,520 --> 00:51:39,480 Speaker 3: able to do anything. 1181 00:51:40,080 --> 00:51:41,920 Speaker 6: Those are all part of a bucket of work that 1182 00:51:42,000 --> 00:51:44,040 Speaker 6: some men will do around industry structure. 1183 00:51:44,160 --> 00:51:47,799 Speaker 3: So when Fonterra yesterday and Ensco say this affects our 1184 00:51:47,960 --> 00:51:52,040 Speaker 3: export competitiveness time, it's unacceptable. 1185 00:51:51,400 --> 00:51:55,200 Speaker 6: Utterly unacceptable, utterly unacceptable because essentially you've got people like 1186 00:51:55,280 --> 00:51:58,759 Speaker 6: Fonterra having to choke back demand or supply, you know, 1187 00:51:58,800 --> 00:52:01,640 Speaker 6: and they end up spilling Melkol. You've got meals as 1188 00:52:01,640 --> 00:52:06,000 Speaker 6: you've seen recently that actually under huge pressure, Whinstone paper, 1189 00:52:06,640 --> 00:52:09,160 Speaker 6: you know, others, Tea wise choking back. It's use because 1190 00:52:09,160 --> 00:52:11,080 Speaker 6: it's trying to free up and spill that altruism into 1191 00:52:11,080 --> 00:52:13,880 Speaker 6: the system. So you know they're all short, you know, 1192 00:52:14,000 --> 00:52:16,160 Speaker 6: band aid solutions, but you actually need to get a 1193 00:52:16,160 --> 00:52:19,040 Speaker 6: proper structure in place to say and half the problem 1194 00:52:19,080 --> 00:52:21,440 Speaker 6: is this, if you're in that sector, you don't have 1195 00:52:21,520 --> 00:52:24,200 Speaker 6: confidence to invest because the rules have kept changing on you. 1196 00:52:24,320 --> 00:52:26,879 Speaker 6: And so you know that's why knocking off lake Onso 1197 00:52:26,920 --> 00:52:29,120 Speaker 6: because we're not going to spend sixteen to thirty billion 1198 00:52:29,160 --> 00:52:32,080 Speaker 6: dollars building that with public money. But that means that 1199 00:52:32,120 --> 00:52:35,040 Speaker 6: they expect those you know, gent tailors to invest in 1200 00:52:35,080 --> 00:52:38,319 Speaker 6: proper infrastructure and proper new investments. We need to make 1201 00:52:38,360 --> 00:52:39,920 Speaker 6: the oil and gas thing as a function of no 1202 00:52:40,040 --> 00:52:42,319 Speaker 6: explorations been going on. So you know you've got that's 1203 00:52:42,320 --> 00:52:45,160 Speaker 6: a five year delayed to get domestic gas back up 1204 00:52:45,320 --> 00:52:46,920 Speaker 6: to where it needs to get to. So we've got 1205 00:52:46,960 --> 00:52:49,920 Speaker 6: to think through that piece. And then there's genuine questions 1206 00:52:49,960 --> 00:52:52,160 Speaker 6: around the structure of the market. Is it actually working 1207 00:52:52,160 --> 00:52:55,640 Speaker 6: for us when we've got expensive energy and that's a 1208 00:52:55,640 --> 00:52:59,280 Speaker 6: big problem because it does make our competitive bunters down. 1209 00:53:00,080 --> 00:53:03,399 Speaker 3: Water done well, any regrets about that name NA really 1210 00:53:03,400 --> 00:53:05,440 Speaker 3: proud of it, really proud of it. You who came 1211 00:53:05,520 --> 00:53:06,000 Speaker 3: up with that. 1212 00:53:08,320 --> 00:53:09,920 Speaker 6: Water like getting us and back on track. I think 1213 00:53:09,960 --> 00:53:11,399 Speaker 6: I streamed it up two in the morning. 1214 00:53:11,680 --> 00:53:14,240 Speaker 3: So far so borrowing so here here are my concerns 1215 00:53:14,280 --> 00:53:17,040 Speaker 3: about it. So borrowing five times is only good if 1216 00:53:17,040 --> 00:53:18,879 Speaker 3: it solves the problem. What if you borrow five times 1217 00:53:18,920 --> 00:53:20,000 Speaker 3: it doesn't solve your problem? 1218 00:53:20,040 --> 00:53:22,279 Speaker 6: Well, what we've got to do. So if I take 1219 00:53:22,320 --> 00:53:24,680 Speaker 6: Auckland as an example, I think it's a KKR solution. 1220 00:53:25,120 --> 00:53:26,719 Speaker 6: You've basically got out and said, you've got this thing 1221 00:53:26,800 --> 00:53:29,120 Speaker 6: called water Care. It's working on a project at the moment, 1222 00:53:29,200 --> 00:53:31,080 Speaker 6: central interceptor, it's been working on it for a while, 1223 00:53:31,400 --> 00:53:33,799 Speaker 6: got a whole bunch of Italian tunnelers there. And then 1224 00:53:33,800 --> 00:53:36,160 Speaker 6: they've got no confidence because they've got no money to 1225 00:53:36,239 --> 00:53:39,040 Speaker 6: know what they're rolling in two next and actually now 1226 00:53:39,040 --> 00:53:41,520 Speaker 6: that they can go have their own separate balance sheet, 1227 00:53:41,560 --> 00:53:43,720 Speaker 6: they can go borrow that money up to five times. 1228 00:53:43,920 --> 00:53:46,640 Speaker 6: These are long run assets at are thirty fifty seventy 1229 00:53:46,760 --> 00:53:49,680 Speaker 6: years locked down the road. They can invest properly with 1230 00:53:49,719 --> 00:53:52,879 Speaker 6: a proper plan and actually roll into another project straight 1231 00:53:52,920 --> 00:53:55,200 Speaker 6: after this one. So there's about two billion dollars I 1232 00:53:55,200 --> 00:53:56,839 Speaker 6: think they can spend in the next ten years as 1233 00:53:56,840 --> 00:53:58,839 Speaker 6: a function of doing it. But the genius of it 1234 00:53:58,880 --> 00:54:00,960 Speaker 6: is that then there's eight hundred billion dollars freed up 1235 00:54:00,960 --> 00:54:03,520 Speaker 6: from Auckland Council who are planning to put that into 1236 00:54:03,560 --> 00:54:05,480 Speaker 6: water Care because they don't need to and they can 1237 00:54:05,520 --> 00:54:08,120 Speaker 6: put that into other stuff and it's not sexy stuff. 1238 00:54:08,160 --> 00:54:10,560 Speaker 6: But actually just getting the mechanism right has actually been 1239 00:54:10,600 --> 00:54:13,399 Speaker 6: quite important because the last lot spent one point two 1240 00:54:13,480 --> 00:54:15,880 Speaker 6: five billion dollars looking into this with one big mega 1241 00:54:15,920 --> 00:54:18,080 Speaker 6: model yep, and for a couple of hundred thousand dollars 1242 00:54:18,120 --> 00:54:21,520 Speaker 6: we found a solution that meets the rating agent credit 1243 00:54:21,560 --> 00:54:23,600 Speaker 6: agencies as well as obviously getting a better stay. 1244 00:54:23,600 --> 00:54:28,120 Speaker 3: Do you realistically think councils will coalesce if they're not 1245 00:54:28,320 --> 00:54:30,239 Speaker 3: geographically connected to each other? 1246 00:54:31,440 --> 00:54:33,600 Speaker 6: They will the ones that are adjacent. If you think 1247 00:54:33,640 --> 00:54:36,040 Speaker 6: about the Hawks Bay, I get that four district councilors 1248 00:54:36,080 --> 00:54:38,680 Speaker 6: one regional council want to come together. There are councils 1249 00:54:38,680 --> 00:54:42,160 Speaker 6: in South Taranaki across the system YEP. Most of the 1250 00:54:42,200 --> 00:54:43,960 Speaker 6: moment the last few years have actually said yeah, we've 1251 00:54:44,239 --> 00:54:45,879 Speaker 6: we've got to collaborate on this, and then you get 1252 00:54:45,920 --> 00:54:48,960 Speaker 6: to a subregional sort of focus rather than having to 1253 00:54:49,000 --> 00:54:51,360 Speaker 6: deal with eighty two district and regional. 1254 00:54:51,480 --> 00:54:53,960 Speaker 3: My next concern is when they go borrow the five times, 1255 00:54:54,080 --> 00:54:57,319 Speaker 3: there's an interest bill on that, and some councils won't 1256 00:54:57,320 --> 00:55:00,239 Speaker 3: pay that down because they're useless, and some will so 1257 00:55:00,280 --> 00:55:02,560 Speaker 3: I'm then as a ratepayer stuck with paying off a 1258 00:55:02,680 --> 00:55:05,520 Speaker 3: debt and interest on the debt literally Foreveranta. 1259 00:55:05,239 --> 00:55:08,759 Speaker 6: Well, they will be able to access the lowest no 1260 00:55:08,840 --> 00:55:11,000 Speaker 6: I get POSSI. If you're not paying it down, then 1261 00:55:11,040 --> 00:55:13,239 Speaker 6: you just pass the alternative as you don't you do 1262 00:55:13,280 --> 00:55:15,080 Speaker 6: what we've seen across the country, which is, you know, 1263 00:55:15,120 --> 00:55:18,000 Speaker 6: people go build convention centers and invest in hotels and 1264 00:55:18,040 --> 00:55:19,920 Speaker 6: do other dumb things rather than actually do the things 1265 00:55:19,920 --> 00:55:22,680 Speaker 6: they're supposed to do, which is the basics brilliantly and 1266 00:55:22,719 --> 00:55:24,440 Speaker 6: making sure there's water assets that are sort of. 1267 00:55:24,440 --> 00:55:25,400 Speaker 3: I don't want to spend a lot of time in 1268 00:55:25,400 --> 00:55:27,759 Speaker 3: the welfare because that seems to explain itself. If you 1269 00:55:27,880 --> 00:55:29,600 Speaker 3: want to behave yourself, you'll be fine. If you don't 1270 00:55:29,600 --> 00:55:29,840 Speaker 3: want to. 1271 00:55:29,800 --> 00:55:32,680 Speaker 6: Buy responsibilities, show up, do some basic things, get a slip. 1272 00:55:32,760 --> 00:55:35,200 Speaker 3: It does worry me. Is from last week's on employment numbers, 1273 00:55:35,360 --> 00:55:38,719 Speaker 3: half the jobs lost were kids. So that indicates to 1274 00:55:38,760 --> 00:55:42,480 Speaker 3: me they've got no qualifications. They've left school with no qualifications. Yep, 1275 00:55:42,520 --> 00:55:45,120 Speaker 3: they've got nothing to offer the modern economy. Yep. What 1276 00:55:45,160 --> 00:55:45,880 Speaker 3: are you doing about it? 1277 00:55:46,040 --> 00:55:46,279 Speaker 12: Yep? 1278 00:55:46,360 --> 00:55:49,359 Speaker 6: So the reality I'm worried about that too. You've got 1279 00:55:49,400 --> 00:55:51,360 Speaker 6: fifty five percent of the kids not at school regularly, 1280 00:55:51,440 --> 00:55:54,359 Speaker 6: then they just roll straight onto unemployment eighteen to twenty four. 1281 00:55:54,680 --> 00:55:56,680 Speaker 6: We've got forty two thousand of them at the moment. 1282 00:55:57,520 --> 00:55:59,719 Speaker 6: What we're doing is we put four thousand more phone 1283 00:55:59,800 --> 00:56:03,400 Speaker 6: case managers in to try and get these kids, you know, contacted. 1284 00:56:03,640 --> 00:56:07,319 Speaker 6: We've got twenty one hundred extra community organizations plugged in 1285 00:56:07,360 --> 00:56:09,879 Speaker 6: with job support and we've got to get these kids 1286 00:56:09,920 --> 00:56:11,680 Speaker 6: off welfare and into work. And we've got to teach 1287 00:56:11,719 --> 00:56:12,840 Speaker 6: them that they've got to wake. 1288 00:56:12,760 --> 00:56:14,799 Speaker 3: Up, get to work. Do the basic Do you force 1289 00:56:14,840 --> 00:56:17,239 Speaker 3: them to tune anything? I mean, sure of, because this 1290 00:56:17,320 --> 00:56:19,279 Speaker 3: is a tough economy apart from anything else, and they've 1291 00:56:19,280 --> 00:56:21,279 Speaker 3: got nothing to work with the economy. No one's hiring them, 1292 00:56:21,280 --> 00:56:23,280 Speaker 3: so sure of bringing them up and going get a Brian, 1293 00:56:23,400 --> 00:56:24,640 Speaker 3: how are you feeling today? 1294 00:56:24,760 --> 00:56:25,239 Speaker 16: What do you want? 1295 00:56:25,320 --> 00:56:26,680 Speaker 6: You've got to get them into it. You've got to 1296 00:56:26,680 --> 00:56:28,719 Speaker 6: get them into work. So there are jobs there. I mean, 1297 00:56:28,760 --> 00:56:30,880 Speaker 6: like I spoke to people in horticulture last week. You 1298 00:56:30,960 --> 00:56:33,440 Speaker 6: still can't get New Zealanders showing up for jobs or 1299 00:56:33,520 --> 00:56:36,320 Speaker 6: lasting more than twenty hours a week. We need massive 1300 00:56:36,320 --> 00:56:39,239 Speaker 6: amounts of digger drivers. Are cool jobs, you know, and 1301 00:56:40,120 --> 00:56:42,000 Speaker 6: you know we need those people in that system because 1302 00:56:42,200 --> 00:56:44,239 Speaker 6: we're actually we've been selling. 1303 00:56:44,120 --> 00:56:46,680 Speaker 3: Jobs out there for young New Zealanders who do want 1304 00:56:46,680 --> 00:56:47,080 Speaker 3: to work. 1305 00:56:47,160 --> 00:56:49,799 Speaker 6: Yeah, absolutely, there are guys is and you know, think 1306 00:56:49,800 --> 00:56:52,000 Speaker 6: about it. We've got what we've gone from three point 1307 00:56:52,040 --> 00:56:54,880 Speaker 6: two percent unemployment, which was record lows. We're still a 1308 00:56:55,000 --> 00:56:57,400 Speaker 6: sort of four point six in the history of our country. 1309 00:56:57,400 --> 00:56:58,120 Speaker 6: That's pretty low. 1310 00:56:58,160 --> 00:57:00,960 Speaker 3: Still, tell me why I had Sunny Kocial on the program, 1311 00:57:01,080 --> 00:57:04,160 Speaker 3: Cucil on the program yesterday. That crime group you set up, Yep, 1312 00:57:05,520 --> 00:57:08,680 Speaker 3: you stuck them on the committee to silence them. Any 1313 00:57:10,560 --> 00:57:14,920 Speaker 3: they haven't even started meeting yet. What the hell's going on? 1314 00:57:15,160 --> 00:57:18,480 Speaker 3: I'll talk to Godsmith about that and the weapon get 1315 00:57:18,560 --> 00:57:20,640 Speaker 3: on that. You guys said that when you set this 1316 00:57:20,720 --> 00:57:22,360 Speaker 3: group up it would last for two years. But the 1317 00:57:22,360 --> 00:57:24,760 Speaker 3: ideas all be coming forthwith in the next couple of weeks. 1318 00:57:24,800 --> 00:57:26,439 Speaker 3: But at least a month they haven't even met. 1319 00:57:26,480 --> 00:57:27,880 Speaker 6: Well, they need to get meeting, then, doesn't it. 1320 00:57:28,760 --> 00:57:29,800 Speaker 3: You need to crack the whip. 1321 00:57:30,080 --> 00:57:31,360 Speaker 6: But I'll tell you what I am pleased on the 1322 00:57:31,400 --> 00:57:34,040 Speaker 6: LRD order that we got fifty two cops on the 1323 00:57:34,040 --> 00:57:35,640 Speaker 6: beat in three weeks in the month of July. 1324 00:57:36,120 --> 00:57:38,680 Speaker 3: And lo and behold, you shouldn't have said that, because 1325 00:57:38,720 --> 00:57:40,880 Speaker 3: what did the retail crime numbers say yesterday? 1326 00:57:40,960 --> 00:57:45,240 Speaker 6: Yeah, but I've gone from forty one and dearies, dearies 1327 00:57:45,280 --> 00:57:46,960 Speaker 6: and service station account does it? 1328 00:57:47,200 --> 00:57:47,240 Speaker 5: No? 1329 00:57:47,400 --> 00:57:49,040 Speaker 6: I'm just trying to give you a perspective to say 1330 00:57:49,080 --> 00:57:51,360 Speaker 6: that actually, when you get out there and you actually 1331 00:57:51,360 --> 00:57:54,040 Speaker 6: talk about what's happening for the down in cbd Auckland, 1332 00:57:54,120 --> 00:57:55,040 Speaker 6: it's starting to get better. 1333 00:57:55,200 --> 00:57:58,080 Speaker 3: Okay. Would you rather be interviewed by me or Glenn? 1334 00:57:58,760 --> 00:58:02,480 Speaker 6: Definitely? You There's no there's no You're peerless, Mike. I 1335 00:58:02,480 --> 00:58:05,160 Speaker 6: mean there's just no, there's no comparator, you know. 1336 00:58:05,920 --> 00:58:08,760 Speaker 3: You take that. Nice to see Chris of election and 1337 00:58:08,800 --> 00:58:11,760 Speaker 3: the Prime Minister eleven away from eight the. 1338 00:58:11,840 --> 00:58:16,280 Speaker 2: Mike Hosking Breakfast Full Show podcast on iHeartRadio powered by 1339 00:58:16,360 --> 00:58:16,880 Speaker 2: News Talks. 1340 00:58:16,880 --> 00:58:19,800 Speaker 3: It'd be dighte away from it. To Mike, these interviews 1341 00:58:19,800 --> 00:58:21,680 Speaker 3: with the Prime Minister, I listened with relief and anger. 1342 00:58:21,720 --> 00:58:24,040 Speaker 3: One how much we need to write as a country 1343 00:58:24,080 --> 00:58:26,400 Speaker 3: and the progress we're making too, just how close we 1344 00:58:26,440 --> 00:58:28,960 Speaker 3: are to burying ourselves as a country in theory, Alex, 1345 00:58:29,200 --> 00:58:31,920 Speaker 3: you and I are exactly the same. There's a lot 1346 00:58:31,920 --> 00:58:34,480 Speaker 3: of hope going on there, but equally the size of 1347 00:58:34,520 --> 00:58:38,040 Speaker 3: the job is gargantuing Mike, having just returned from visiting 1348 00:58:38,080 --> 00:58:40,280 Speaker 3: a number of avocado which is in Northland and having 1349 00:58:40,280 --> 00:58:42,560 Speaker 3: to employ backpackers to get the job done. Mini lurkers, 1350 00:58:42,640 --> 00:58:45,240 Speaker 3: i'd see. I find that. I don't doubt you, but 1351 00:58:45,320 --> 00:58:48,280 Speaker 3: I find it just so difficult to believe. And presumably 1352 00:58:48,320 --> 00:58:50,800 Speaker 3: a bit of yesterday is going to help out, and 1353 00:58:50,840 --> 00:58:54,680 Speaker 3: there are jobs, jobs available, and if there are jobs available, 1354 00:58:54,680 --> 00:58:57,520 Speaker 3: then they're going to crack down hopefully. Mike, I bet 1355 00:58:57,560 --> 00:59:00,480 Speaker 3: it's a Butler sink. Tell you Butler to scrub it 1356 00:59:00,520 --> 00:59:02,200 Speaker 3: is a but the sink, funnily enough, and all your 1357 00:59:02,200 --> 00:59:04,280 Speaker 3: people saying, look, I found you on trading your sink 1358 00:59:04,320 --> 00:59:06,840 Speaker 3: for seventy two dollars. The key to this is the size. 1359 00:59:07,080 --> 00:59:09,040 Speaker 3: In replacing one sink for another, you've got to go 1360 00:59:09,160 --> 00:59:11,800 Speaker 3: the same size. So that's the problem. Probably our fault 1361 00:59:11,800 --> 00:59:14,000 Speaker 3: for buying the wrong shape in the first place, and 1362 00:59:14,040 --> 00:59:15,720 Speaker 3: at five or six hundred dollars, I don't know that 1363 00:59:15,720 --> 00:59:18,240 Speaker 3: that's necessarily an expensive sink, so it's probably on us. 1364 00:59:18,320 --> 00:59:21,920 Speaker 3: But but you've got to replace size with size. That's 1365 00:59:21,960 --> 00:59:23,240 Speaker 3: our problem. Seven away from. 1366 00:59:23,120 --> 00:59:27,960 Speaker 2: It, the Mic costume breakfast with a Vita retirement communities 1367 00:59:28,160 --> 00:59:29,360 Speaker 2: us to said, be Mike. 1368 00:59:29,280 --> 00:59:30,960 Speaker 3: So you've got to replace size for size. So if 1369 00:59:31,000 --> 00:59:36,560 Speaker 3: Codie leaves, you are there any single jockey's available? Very good, Mike, 1370 00:59:36,800 --> 00:59:39,040 Speaker 3: Did I miss the story about how Raygun got selected 1371 00:59:39,040 --> 00:59:41,800 Speaker 3: for the Australian Olympic team. No, you didn't, and you 1372 00:59:41,800 --> 00:59:44,280 Speaker 3: want to hang around because it's a goodie. My ar 1373 00:59:44,400 --> 00:59:47,040 Speaker 3: Kent dot Co for sinks, we use them a lot, 1374 00:59:47,080 --> 00:59:50,440 Speaker 3: good quality, not to expensive mic and the stains silicy. 1375 00:59:50,480 --> 00:59:54,480 Speaker 3: You can either try Pumus gently remove staining without scratching. 1376 00:59:54,480 --> 00:59:56,920 Speaker 3: Also great for black lines and toilets, or Quick Brand 1377 00:59:56,960 --> 01:00:01,520 Speaker 3: rust remover contains phosphoric acid which takes down silica. Great 1378 01:00:01,560 --> 01:00:05,120 Speaker 3: on sharred glass. Top tip Sheila, I'll get onto that, 1379 01:00:05,880 --> 01:00:07,560 Speaker 3: or I'll get some people to get onto it or something. 1380 01:00:07,560 --> 01:00:11,360 Speaker 3: Brian McFadden and Keith Duffy Westlife and boy Zone a 1381 01:00:11,400 --> 01:00:14,680 Speaker 3: couple of years ago got together and formed Boy's Life. 1382 01:00:14,680 --> 01:00:16,440 Speaker 3: This seems to have been a smash hit so much 1383 01:00:16,440 --> 01:00:18,960 Speaker 3: so the touring here next year. So we'll hook him up, 1384 01:00:19,000 --> 01:00:21,240 Speaker 3: get him on the old zoom and talk to them 1385 01:00:21,280 --> 01:00:23,680 Speaker 3: after the news which is next here News Talks heed B. 1386 01:00:26,440 --> 01:00:31,400 Speaker 2: Big News, Bold Opinions, the mic Hosking, Breakfast with the 1387 01:00:31,520 --> 01:00:35,440 Speaker 2: range Rover, The Law Designed to intrigue and use talks hed. 1388 01:00:35,320 --> 01:00:47,040 Speaker 18: B if I go down your face us. 1389 01:00:48,200 --> 01:00:50,800 Speaker 3: Seven past day. The boy band is coming back apparently 1390 01:00:50,880 --> 01:00:54,080 Speaker 3: the Backstreet Boys toured recently in sync talking about a comeback, 1391 01:00:54,080 --> 01:00:56,439 Speaker 3: given they're featured currently in the Deadpool and Wolverine movie. 1392 01:00:56,480 --> 01:00:58,480 Speaker 3: And then we got Boy's Life. It's what you get 1393 01:00:58,480 --> 01:01:01,160 Speaker 3: when you put former West Life member McFadden to go 1394 01:01:01,280 --> 01:01:04,040 Speaker 3: to a former Boys Own member, Keith Duffy there here 1395 01:01:04,160 --> 01:01:09,680 Speaker 3: next year and Brian and Keith are with us. Good morning, listen, 1396 01:01:09,720 --> 01:01:12,080 Speaker 3: lovely to meet you both, and I'll talk about Coronation Brian, 1397 01:01:12,120 --> 01:01:13,880 Speaker 3: do you mind if I talk about Coronation Street? Who 1398 01:01:13,880 --> 01:01:15,640 Speaker 3: when you get sick of people talking to him about 1399 01:01:15,640 --> 01:01:16,680 Speaker 3: Coronation Street. 1400 01:01:16,680 --> 01:01:17,080 Speaker 7: A little bit? 1401 01:01:17,080 --> 01:01:18,840 Speaker 9: Because I'm a massive fan of ease standards, so I 1402 01:01:18,880 --> 01:01:22,680 Speaker 9: have to have to listen to the Coronationship Coronation Street Rubbishydon. 1403 01:01:22,920 --> 01:01:24,960 Speaker 7: No it was it was me. It was the Coronation 1404 01:01:25,040 --> 01:01:25,640 Speaker 7: Street you know him? 1405 01:01:25,800 --> 01:01:28,880 Speaker 3: Okay, can I ask you and this is you did 1406 01:01:28,920 --> 01:01:31,480 Speaker 3: your research? I did my research. No worries, now listen, 1407 01:01:32,160 --> 01:01:34,400 Speaker 3: this is this isn't. This has been videoed as well 1408 01:01:34,440 --> 01:01:36,400 Speaker 3: as being on the radio. But for people watching this 1409 01:01:36,480 --> 01:01:38,520 Speaker 3: on the audio, do you two live in that car? 1410 01:01:38,640 --> 01:01:40,760 Speaker 3: Is that why you're in the cow? What's what's gone wrong? 1411 01:01:41,000 --> 01:01:43,400 Speaker 9: But now the truth The truth is we're actually sitting 1412 01:01:43,400 --> 01:01:45,760 Speaker 9: outside the golf club just after playing eighteen holes. 1413 01:01:46,600 --> 01:01:49,240 Speaker 7: Here we go, but we do we have to talk 1414 01:01:49,280 --> 01:01:51,480 Speaker 7: to you. Well, you're very professional, Mike. We're here for 1415 01:01:51,560 --> 01:01:52,480 Speaker 7: you with the hoskin. 1416 01:01:52,560 --> 01:01:54,480 Speaker 3: You know, very very good. Indeed, what do you what? 1417 01:01:54,560 --> 01:01:57,240 Speaker 3: All right? Handicaps? Please? Keith your handicap. 1418 01:01:57,120 --> 01:01:59,400 Speaker 7: Ten point five at the moment, it's not bad. 1419 01:01:59,560 --> 01:02:02,439 Speaker 3: And Brian eleven point one. 1420 01:02:02,600 --> 01:02:04,840 Speaker 7: So we both play off eleven basically. 1421 01:02:04,760 --> 01:02:06,760 Speaker 3: So it's it's a competitive round. 1422 01:02:07,080 --> 01:02:09,600 Speaker 19: Very we we we actually when we're playing together, we 1423 01:02:09,680 --> 01:02:12,480 Speaker 19: just play off scratch. We always just play off scratch 1424 01:02:12,760 --> 01:02:15,400 Speaker 19: head to heads all the time, and one. 1425 01:02:15,240 --> 01:02:17,360 Speaker 7: Of us it's always a different person that wins every time. 1426 01:02:17,400 --> 01:02:20,200 Speaker 3: It's it's it's too close to Carl, fantastic. What sort 1427 01:02:20,200 --> 01:02:21,960 Speaker 3: of car you got because you've got your seats down 1428 01:02:22,000 --> 01:02:23,120 Speaker 3: in the back. Have you got it? You've got a 1429 01:02:23,160 --> 01:02:23,680 Speaker 3: wagon there? 1430 01:02:23,680 --> 01:02:26,760 Speaker 19: Clearly Now we had a body in a you've probably 1431 01:02:26,760 --> 01:02:28,000 Speaker 19: got rid of it for the years. 1432 01:02:30,920 --> 01:02:32,280 Speaker 7: The mother in law, she's gone now. 1433 01:02:32,200 --> 01:02:33,640 Speaker 3: We got rid of her fair enough. 1434 01:02:33,880 --> 01:02:36,200 Speaker 7: Hey listen, we have the sticks, the sticks man. 1435 01:02:37,200 --> 01:02:39,440 Speaker 3: What have you only got one sit between you? 1436 01:02:40,000 --> 01:02:43,040 Speaker 7: Yeah, is set outside the door on a straight but. 1437 01:02:44,800 --> 01:02:46,640 Speaker 9: I didn't have time to clean the wheels, so he said, 1438 01:02:46,640 --> 01:02:47,600 Speaker 9: that's not coming to my car. 1439 01:02:47,840 --> 01:02:50,400 Speaker 3: All right, fair enough, fair enough. Let let me let 1440 01:02:50,400 --> 01:02:51,960 Speaker 3: me ask you about k Keith. Let me ask you 1441 01:02:51,960 --> 01:02:55,640 Speaker 3: about Coronation Street. Because I'm a lifer, I've I've literally 1442 01:02:55,720 --> 01:02:58,680 Speaker 3: watched Coronation Streek my entire life. I made a documentary 1443 01:02:58,720 --> 01:03:01,880 Speaker 3: funnel Enough about Coronation Street on its fortieth anniversary about 1444 01:03:01,880 --> 01:03:05,320 Speaker 3: twenty years ago. When you get a part on a 1445 01:03:05,360 --> 01:03:07,439 Speaker 3: show like that, is that is that like the thrill 1446 01:03:07,480 --> 01:03:09,840 Speaker 3: of a lifetime Or have you already had too many 1447 01:03:09,840 --> 01:03:11,320 Speaker 3: thrills to be bothered by it? 1448 01:03:11,600 --> 01:03:11,640 Speaker 11: No? 1449 01:03:11,880 --> 01:03:13,440 Speaker 19: You know, at that time in my life, it was 1450 01:03:13,480 --> 01:03:15,840 Speaker 19: something that was very, very needed, and I was so 1451 01:03:16,000 --> 01:03:19,200 Speaker 19: grateful to to have to have achieved that role. 1452 01:03:19,600 --> 01:03:22,400 Speaker 7: And I'd been on the road of Boyzone for seven years. 1453 01:03:22,520 --> 01:03:24,320 Speaker 19: I'd come out. I was kind of lost. I didn't 1454 01:03:24,320 --> 01:03:27,640 Speaker 19: know what way my life was going. Coronation Street is 1455 01:03:27,680 --> 01:03:29,720 Speaker 19: something that we grew up in Dublin watching. You know, 1456 01:03:29,800 --> 01:03:32,040 Speaker 19: if you're in here Granny's house at half seven on 1457 01:03:32,080 --> 01:03:32,560 Speaker 19: a Monday or. 1458 01:03:32,560 --> 01:03:34,800 Speaker 7: Wednesday, you know you dare not say a word. 1459 01:03:34,880 --> 01:03:37,960 Speaker 19: Nobody will ring the phone, nobody will knock on the door. 1460 01:03:38,520 --> 01:03:40,800 Speaker 7: It was a sacrilege. You had to just sit and 1461 01:03:40,840 --> 01:03:42,280 Speaker 7: be quiet for that half an hour. 1462 01:03:42,720 --> 01:03:45,040 Speaker 19: And when I when I was in Coronation Street, I 1463 01:03:45,080 --> 01:03:47,520 Speaker 19: joined in two thousand and two. And when I was there, 1464 01:03:47,560 --> 01:03:49,840 Speaker 19: I worked with Jack Duckward and Vera Duckward and Mike 1465 01:03:49,880 --> 01:03:54,600 Speaker 19: Baldwin and Fred Elliott and Vera Duckward and then bet 1466 01:03:54,720 --> 01:03:58,360 Speaker 19: Lynch and Betty's Hot Pot. You know, I managed to 1467 01:03:58,360 --> 01:03:59,880 Speaker 19: be there at a fant time. I was there for 1468 01:03:59,880 --> 01:04:02,480 Speaker 19: the fiftieth anniversary, actually for the big tram crash and 1469 01:04:02,680 --> 01:04:05,560 Speaker 19: the fiftith anniversary. But looking at the shown now, because 1470 01:04:05,560 --> 01:04:07,560 Speaker 19: my mum watches it still and looking at it now, 1471 01:04:07,760 --> 01:04:09,920 Speaker 19: I don't know anybody in the show anymore. 1472 01:04:09,760 --> 01:04:11,320 Speaker 7: That all those legends are gone. 1473 01:04:11,760 --> 01:04:14,760 Speaker 19: Like Bill Roach is still there Ken Barlow and he's 1474 01:04:14,760 --> 01:04:17,480 Speaker 19: been in from day one, But all of the legends 1475 01:04:17,480 --> 01:04:18,920 Speaker 19: of Corey from when I was growing up in my 1476 01:04:18,960 --> 01:04:21,920 Speaker 19: granny's house, they're all gone. So I was there at 1477 01:04:21,960 --> 01:04:24,240 Speaker 19: a fantastic time. I got to work with all of 1478 01:04:24,280 --> 01:04:25,919 Speaker 19: the icons of Coronesius Street. 1479 01:04:26,160 --> 01:04:28,880 Speaker 3: Do excuse my ignorance now, but you lift from memory 1480 01:04:28,880 --> 01:04:31,240 Speaker 3: in a cab like so many do. Is are you 1481 01:04:31,320 --> 01:04:34,400 Speaker 3: still alive and open for a return or is it 1482 01:04:34,440 --> 01:04:35,280 Speaker 3: just never gonna happen. 1483 01:04:35,560 --> 01:04:37,960 Speaker 19: Yeah, Well, my character was a chef in the navy 1484 01:04:38,160 --> 01:04:40,479 Speaker 19: and he went a wall and hit out with Peter 1485 01:04:40,720 --> 01:04:44,560 Speaker 19: Barlow on Coronagis Street and he was engaged to be 1486 01:04:44,640 --> 01:04:49,080 Speaker 19: married to Kim Marsh's character, which was Michelle, and he 1487 01:04:49,200 --> 01:04:51,360 Speaker 19: ended up leaving Michelle in a black cab going down 1488 01:04:51,400 --> 01:04:54,560 Speaker 19: Coronaca Street heading for to be a chef on the 1489 01:04:54,560 --> 01:04:56,040 Speaker 19: cruise liners in the Caribbean. 1490 01:04:56,360 --> 01:04:58,480 Speaker 7: So he's in them, he's in Saint Lucia. 1491 01:04:58,600 --> 01:05:02,000 Speaker 19: I think at the moment coketspeak any for some tourists 1492 01:05:02,040 --> 01:05:02,720 Speaker 19: from America. 1493 01:05:03,720 --> 01:05:08,560 Speaker 3: Brian, serious question, because these things fascinate me when you 1494 01:05:08,600 --> 01:05:11,600 Speaker 3: look back now, as I'm sure you do periodically in between, 1495 01:05:11,640 --> 01:05:14,160 Speaker 3: you know, whole seven or night. What do you make 1496 01:05:14,600 --> 01:05:18,880 Speaker 3: of being being discovered, of having your life turned around 1497 01:05:19,560 --> 01:05:22,840 Speaker 3: and all that's happened to you in the way it did. 1498 01:05:23,040 --> 01:05:27,000 Speaker 7: Well for us. It was such a sudden and fast 1499 01:05:27,000 --> 01:05:27,640 Speaker 7: thing to happen. 1500 01:05:27,680 --> 01:05:30,200 Speaker 9: You know, we look at how Boyson started and when 1501 01:05:30,200 --> 01:05:33,080 Speaker 9: they got together, they started kind of doing all the 1502 01:05:33,120 --> 01:05:35,560 Speaker 9: little small gigs, and you know, it took them a 1503 01:05:35,560 --> 01:05:38,480 Speaker 9: few years before they kind of got recognized and got 1504 01:05:38,480 --> 01:05:39,680 Speaker 9: a single and all that kind of. 1505 01:05:39,680 --> 01:05:41,040 Speaker 7: Stuff for West Life. 1506 01:05:40,760 --> 01:05:43,480 Speaker 9: We were we were signed by Louis Walsh and within 1507 01:05:43,520 --> 01:05:46,480 Speaker 9: about three or four weeks of that, we were touring 1508 01:05:46,520 --> 01:05:48,360 Speaker 9: with Boys On, you know, and they were playing like 1509 01:05:48,440 --> 01:05:52,000 Speaker 9: Wembley Arena to sixteen thousand people and all these massive, 1510 01:05:52,320 --> 01:05:54,000 Speaker 9: massive arena concerts all over Europe. 1511 01:05:54,040 --> 01:05:55,480 Speaker 7: And that's how our career started. 1512 01:05:55,520 --> 01:05:58,800 Speaker 9: Before we'd even recorded our first single, we were touring. 1513 01:05:58,480 --> 01:06:01,000 Speaker 7: With Boys On. So, you know, it kind of I 1514 01:06:01,040 --> 01:06:02,880 Speaker 7: came out of school. I was eighteen years old. 1515 01:06:02,920 --> 01:06:06,160 Speaker 9: I finished school straight into Westlife and it just went 1516 01:06:06,480 --> 01:06:08,960 Speaker 9: so fast. It was just this massive snowball that just 1517 01:06:09,040 --> 01:06:11,600 Speaker 9: kept rolling and getting bigger and bigger. And you know, 1518 01:06:11,640 --> 01:06:13,560 Speaker 9: there was mornings I'd wake up and pinch myself and go, 1519 01:06:13,680 --> 01:06:15,880 Speaker 9: I'm just waiting for this to be all a dream 1520 01:06:15,960 --> 01:06:17,840 Speaker 9: that I've been asleep for the last few years. 1521 01:06:17,840 --> 01:06:20,000 Speaker 7: And until the day I left after whatever it. 1522 01:06:20,080 --> 01:06:22,840 Speaker 9: Was six or seven years, you know, it was the 1523 01:06:22,880 --> 01:06:26,080 Speaker 9: most exciting thing that could ever happen to a person. 1524 01:06:26,120 --> 01:06:28,080 Speaker 9: And you know, I was just on a constant high. 1525 01:06:28,120 --> 01:06:30,480 Speaker 9: I always had a smile on my face and just 1526 01:06:30,720 --> 01:06:32,520 Speaker 9: always felt like I was the luckiest guy in the world. 1527 01:06:32,800 --> 01:06:34,440 Speaker 9: And to be honest with you even now is you know, 1528 01:06:34,640 --> 01:06:37,840 Speaker 9: twenty five, twenty six years later, I still feel the same. 1529 01:06:37,960 --> 01:06:40,680 Speaker 9: You know, the fact that I'm in my forties now, 1530 01:06:40,680 --> 01:06:42,320 Speaker 9: well at them, my forties now, and I can still 1531 01:06:42,360 --> 01:06:44,320 Speaker 9: do this as a job, you know, something that I 1532 01:06:44,320 --> 01:06:46,200 Speaker 9: absolutely love. I would have done this for free when 1533 01:06:46,200 --> 01:06:47,880 Speaker 9: I was a kid. Yeah, to get on stage and 1534 01:06:47,920 --> 01:06:51,080 Speaker 9: sing songs to people is was. I did it as 1535 01:06:51,080 --> 01:06:52,960 Speaker 9: a kid for free, and it was the most exciting 1536 01:06:52,960 --> 01:06:54,520 Speaker 9: thing then. But the fact that I've got to make 1537 01:06:54,560 --> 01:06:56,440 Speaker 9: a career out of it, have a great life, and 1538 01:06:56,520 --> 01:06:58,520 Speaker 9: still in my forties to be still able to go 1539 01:06:58,560 --> 01:07:01,120 Speaker 9: out and perform in front the big audience and get 1540 01:07:01,160 --> 01:07:02,200 Speaker 9: that buzz every night. 1541 01:07:02,400 --> 01:07:04,000 Speaker 7: You know, it's just an absolute blessing. 1542 01:07:03,800 --> 01:07:06,240 Speaker 3: Once your observation on and you've been involved in it. 1543 01:07:06,280 --> 01:07:09,760 Speaker 3: Of course, reality television which has evolved in your time 1544 01:07:09,800 --> 01:07:14,600 Speaker 3: in the industry of people who want instant fame, instant success. 1545 01:07:14,640 --> 01:07:17,120 Speaker 3: If I pop up sing a song, I might win something. 1546 01:07:17,240 --> 01:07:19,400 Speaker 3: Is that healthy? Is it good? Does it work? 1547 01:07:19,680 --> 01:07:19,880 Speaker 7: Well? 1548 01:07:20,040 --> 01:07:22,400 Speaker 9: I think when it comes to the likes of you know, 1549 01:07:22,440 --> 01:07:25,200 Speaker 9: the idols and the Get Talents and those kind of shows, 1550 01:07:25,360 --> 01:07:28,120 Speaker 9: I don't mind it so much because right now and 1551 01:07:28,320 --> 01:07:31,040 Speaker 9: theology for the last twenty years, it's very very very 1552 01:07:31,120 --> 01:07:33,760 Speaker 9: very difficult to get discovered or if you've got any 1553 01:07:33,840 --> 01:07:36,360 Speaker 9: kind of talent, for someone to find you. So they 1554 01:07:36,360 --> 01:07:38,320 Speaker 9: are a great outlet and a great way for you 1555 01:07:38,400 --> 01:07:41,160 Speaker 9: to you know, find your career and find a way 1556 01:07:41,160 --> 01:07:43,720 Speaker 9: for people to see what you do. But the other 1557 01:07:43,840 --> 01:07:46,320 Speaker 9: side of it, with you know, the normal reality shows 1558 01:07:46,360 --> 01:07:49,440 Speaker 9: and people now like TikTok stars and people that are 1559 01:07:49,440 --> 01:07:53,520 Speaker 9: coming becoming famous, you know after five minutes for doing nothing. 1560 01:07:53,840 --> 01:07:55,520 Speaker 7: On that part I find very difficult. 1561 01:07:55,520 --> 01:07:57,440 Speaker 9: I find it weird now that the biggest stars on 1562 01:07:57,480 --> 01:08:00,000 Speaker 9: the planet are famous for absolutely nothing. 1563 01:08:00,040 --> 01:08:00,200 Speaker 12: You know. 1564 01:08:00,240 --> 01:08:02,840 Speaker 9: When I was growing up, it was movie stars and 1565 01:08:03,000 --> 01:08:05,320 Speaker 9: Michael Jordan, Michael Jackson. 1566 01:08:05,000 --> 01:08:06,040 Speaker 7: People like that. 1567 01:08:06,080 --> 01:08:10,800 Speaker 9: They were proper legends and they'd done something and they 1568 01:08:10,800 --> 01:08:12,840 Speaker 9: were better than other people in the world are doing 1569 01:08:12,920 --> 01:08:14,720 Speaker 9: and that's why we looked up to them, and that's 1570 01:08:14,720 --> 01:08:18,120 Speaker 9: why they were so famous. But now that people at 1571 01:08:18,120 --> 01:08:21,400 Speaker 9: the most famous and influential people in the world are influencers, 1572 01:08:21,400 --> 01:08:23,640 Speaker 9: you know, and they don't actually really do anything, I 1573 01:08:23,720 --> 01:08:26,160 Speaker 9: find that hard to kind of accept. 1574 01:08:26,479 --> 01:08:28,639 Speaker 3: Okay, listen, hold on you guys, I'll come back. I'll 1575 01:08:28,680 --> 01:08:30,320 Speaker 3: talk about the boys in side of the equation just 1576 01:08:30,320 --> 01:08:32,599 Speaker 3: a couple of moments, Keith stay with us, Brian mcfedden 1577 01:08:32,680 --> 01:08:36,400 Speaker 3: and Keith Duffy in a car having just played golf. 1578 01:08:36,439 --> 01:08:37,839 Speaker 3: More shortly fifteen past. 1579 01:08:38,439 --> 01:08:42,040 Speaker 2: The mic asking Breakfast Full Show podcast on I heard 1580 01:08:42,120 --> 01:08:43,840 Speaker 2: radiow By News Talk. 1581 01:08:43,760 --> 01:08:47,759 Speaker 3: Zippy seventeen past the Brian mcfedden, Westlife, Keith Duffy, Boys 1582 01:08:47,920 --> 01:08:50,080 Speaker 3: and Keith. You were the pioneers. We're talking about wist 1583 01:08:50,160 --> 01:08:53,000 Speaker 3: Lafe in a moment ago. But how did you guys 1584 01:08:53,040 --> 01:08:55,280 Speaker 3: handle it, this fame thing when it happened to you. 1585 01:08:57,000 --> 01:08:59,639 Speaker 19: I suppose, like Brian said, it all happened so fast. 1586 01:09:00,080 --> 01:09:02,000 Speaker 19: I don't think I believed it at the start. I mean, 1587 01:09:02,520 --> 01:09:04,760 Speaker 19: you know, people were calling us pop stars, but to me, 1588 01:09:04,800 --> 01:09:07,800 Speaker 19: a pop star was Madonna. Well, you know, it was 1589 01:09:07,840 --> 01:09:11,400 Speaker 19: Freddie Mercury for me. Popstars and rock stars was bono 1590 01:09:11,439 --> 01:09:15,599 Speaker 19: from you two. You know, I suppose that that whole 1591 01:09:15,640 --> 01:09:19,080 Speaker 19: imposter syndrome is something that we might have all suffered 1592 01:09:19,080 --> 01:09:19,880 Speaker 19: with at the start. 1593 01:09:20,360 --> 01:09:22,200 Speaker 7: You know, But and you know, maybe to. 1594 01:09:22,560 --> 01:09:24,840 Speaker 19: This day people might still kind of say, yeah, you 1595 01:09:24,880 --> 01:09:27,920 Speaker 19: are an imposter. But like the reality is, we did 1596 01:09:28,000 --> 01:09:29,879 Speaker 19: manage to sell sixty million albums. 1597 01:09:29,920 --> 01:09:32,200 Speaker 7: We did manage to sell out arena tours. 1598 01:09:32,520 --> 01:09:39,880 Speaker 19: So even if our audience wasn't you know, critics and 1599 01:09:40,439 --> 01:09:43,000 Speaker 19: hot press magazine, you know, and they were like the 1600 01:09:43,040 --> 01:09:45,880 Speaker 19: teeny propper market. You know, somebody has to appeal to 1601 01:09:45,920 --> 01:09:48,280 Speaker 19: that market, and that's what we did. So we're very 1602 01:09:48,320 --> 01:09:52,000 Speaker 19: aware of where we stand in the popular market. But 1603 01:09:52,080 --> 01:09:57,719 Speaker 19: we were very successful within our parameters. But it's even 1604 01:09:57,800 --> 01:10:01,880 Speaker 19: even so, it was very difficult to understand our surroundings 1605 01:10:01,880 --> 01:10:04,679 Speaker 19: because we come from a very hard working class background 1606 01:10:04,680 --> 01:10:06,320 Speaker 19: on the north side of Dublin and Ireland. 1607 01:10:06,360 --> 01:10:09,000 Speaker 7: And you know, I was working from the age of thirteen. 1608 01:10:09,080 --> 01:10:11,640 Speaker 19: I was selling I was selling vegetables and potatoes at 1609 01:10:11,680 --> 01:10:14,280 Speaker 19: the side of the road. I was, you know, fifteen, 1610 01:10:14,320 --> 01:10:16,960 Speaker 19: I was a bell boy, lounge by waiter in restaurants, 1611 01:10:17,040 --> 01:10:19,200 Speaker 19: and you know, we had to do what we had 1612 01:10:19,240 --> 01:10:20,840 Speaker 19: to do to try and you know, bring in a 1613 01:10:20,840 --> 01:10:22,920 Speaker 19: few both to support the household in which we lived 1614 01:10:22,960 --> 01:10:25,880 Speaker 19: with our parents and our siblings, so to get an 1615 01:10:25,920 --> 01:10:27,960 Speaker 19: opportunity to join the band, and all of a sudden 1616 01:10:27,960 --> 01:10:30,400 Speaker 19: you're traveling around the world and you're staying at five 1617 01:10:30,439 --> 01:10:33,679 Speaker 19: star hotels. It was all very surreal, and I suppose 1618 01:10:33,720 --> 01:10:35,840 Speaker 19: we enjoyed it while it lasted, because we kind of 1619 01:10:35,840 --> 01:10:37,800 Speaker 19: felt that happened so quickly that it could be taken 1620 01:10:37,840 --> 01:10:41,080 Speaker 19: away just as quick. And yeah, and here we are, 1621 01:10:41,160 --> 01:10:42,920 Speaker 19: thirty years later, still getting away with it. 1622 01:10:42,960 --> 01:10:44,680 Speaker 7: So who know. I was just about to say, I 1623 01:10:44,720 --> 01:10:46,240 Speaker 7: have to listen to your last album. It sounds like 1624 01:10:46,240 --> 01:10:52,000 Speaker 7: you're still selling turnips the turkeys. 1625 01:10:51,720 --> 01:10:54,200 Speaker 3: This band of mules is of all beautifully, I guess, 1626 01:10:54,240 --> 01:10:56,200 Speaker 3: isn't it. So you get together initially, I take it 1627 01:10:56,240 --> 01:10:57,840 Speaker 3: you got together because you might. I mean, you're not 1628 01:10:57,880 --> 01:11:00,599 Speaker 3: sitting in a car having played golf together unless you might. 1629 01:11:01,120 --> 01:11:01,280 Speaker 7: Yeah. 1630 01:11:01,479 --> 01:11:04,880 Speaker 19: Absolutely, every every great working relationship has to have a 1631 01:11:04,920 --> 01:11:07,439 Speaker 19: foundation of friendship, you know, when it doesn't have to, 1632 01:11:07,520 --> 01:11:10,679 Speaker 19: but it certainly helps. And we're not we're not behind 1633 01:11:10,720 --> 01:11:13,920 Speaker 19: the door of having a real are having a fight. 1634 01:11:14,000 --> 01:11:15,920 Speaker 19: We don't agree on everything. You know, there's only two 1635 01:11:15,960 --> 01:11:18,080 Speaker 19: of us, So you know, you're not always in great 1636 01:11:18,120 --> 01:11:20,040 Speaker 19: spirits you around. There's there's days you wake up and 1637 01:11:20,040 --> 01:11:21,479 Speaker 19: you get out of the wrong side of the bed. 1638 01:11:21,760 --> 01:11:23,599 Speaker 19: You might have had a late night, your your working 1639 01:11:23,640 --> 01:11:25,519 Speaker 19: schedule might be so busy that you can't see the 1640 01:11:25,600 --> 01:11:28,599 Speaker 19: light of day, you know, and you know you react 1641 01:11:28,640 --> 01:11:31,040 Speaker 19: to that, and and there's times that we kill each other, 1642 01:11:31,320 --> 01:11:33,000 Speaker 19: but but you know, we've known each. 1643 01:11:32,840 --> 01:11:34,879 Speaker 7: Other long enough to have that solid foundation. 1644 01:11:35,000 --> 01:11:38,360 Speaker 19: And when any relationship has a solid foundation, the blocks 1645 01:11:38,400 --> 01:11:40,080 Speaker 19: can be knocked down, but you can always build them 1646 01:11:40,080 --> 01:11:41,800 Speaker 19: back up again, and that's what we do. We we 1647 01:11:41,800 --> 01:11:43,679 Speaker 19: we have a great ability to be able to rebuild 1648 01:11:43,680 --> 01:11:44,840 Speaker 19: the blocks when we knock them down. 1649 01:11:44,880 --> 01:11:47,320 Speaker 3: Fantastic. How's Chorlie going? 1650 01:11:47,680 --> 01:11:48,120 Speaker 7: It's good. 1651 01:11:50,479 --> 01:11:51,000 Speaker 3: I think it was. 1652 01:11:51,400 --> 01:11:53,479 Speaker 9: You know, when we got involved, it was such an 1653 01:11:53,520 --> 01:11:56,599 Speaker 9: exciting end to last season. And to be honest with you, Charlie, 1654 01:11:56,640 --> 01:11:58,519 Speaker 9: at the time, coming to the end of the season, 1655 01:11:58,640 --> 01:12:02,400 Speaker 9: being right there, you know, we were right up to 1656 01:12:02,520 --> 01:12:05,000 Speaker 9: the end and got to the playoffs and we just 1657 01:12:05,040 --> 01:12:08,120 Speaker 9: fell short. To be honest with you, being there was 1658 01:12:08,160 --> 01:12:11,240 Speaker 9: actually a little bit ahead of schedule. You know, this 1659 01:12:11,360 --> 01:12:12,880 Speaker 9: year is going to be a massive year now. There's 1660 01:12:12,880 --> 01:12:15,120 Speaker 9: a lot of development going on, a lot of new recruitment. 1661 01:12:15,439 --> 01:12:17,800 Speaker 9: The stadium is going to be getting bigger and better, 1662 01:12:18,040 --> 01:12:20,160 Speaker 9: There's more fans coming. So this year is the year 1663 01:12:20,200 --> 01:12:22,240 Speaker 9: that we're really pushing to try and get promotion and 1664 01:12:23,080 --> 01:12:26,360 Speaker 9: begin this road to hopefully getting into the Football League. 1665 01:12:26,520 --> 01:12:29,040 Speaker 3: Fantastic. Listen, guys, we're looking forward to seeing you in 1666 01:12:29,080 --> 01:12:30,920 Speaker 3: the country. I know you're going to Australia game to 1667 01:12:30,920 --> 01:12:32,800 Speaker 3: New Zealand, so maybe we catch up when we're here. 1668 01:12:32,840 --> 01:12:35,360 Speaker 3: But fabulous to meet you both and go well and 1669 01:12:35,439 --> 01:12:36,719 Speaker 3: we'll see you when you arrive. 1670 01:12:37,240 --> 01:12:38,760 Speaker 7: Jery, Mike, thank you for your time. 1671 01:12:38,840 --> 01:12:42,000 Speaker 3: Mike, no worries at all. Brian mcfedden and Keith Duffy Chorley. 1672 01:12:42,000 --> 01:12:44,360 Speaker 3: I should have referenced Julie's football club and they ended 1673 01:12:44,400 --> 01:12:47,160 Speaker 3: up buying the club, that's all. So Brian and Keith 1674 01:12:47,600 --> 01:12:49,760 Speaker 3: here in matchup next year, so he got plenty of 1675 01:12:49,800 --> 01:12:51,840 Speaker 3: time to think about it. They're in the needing christ 1676 01:12:51,920 --> 01:12:56,599 Speaker 3: j Palmerston, Wellington Towerruna and Auckland. It's out twenty two. 1677 01:12:57,680 --> 01:13:01,439 Speaker 1: The Mic Hosking Breakfast with the Range Villa News Talks. 1678 01:13:02,320 --> 01:13:05,160 Speaker 3: Let's talk about something that affects us all cancer. It's 1679 01:13:05,160 --> 01:13:07,280 Speaker 3: a word that changes everything, affects one and three New 1680 01:13:07,400 --> 01:13:10,000 Speaker 3: Zealanders in their lifetime. Could be friends, family or neighbors, 1681 01:13:10,040 --> 01:13:12,320 Speaker 3: of course, but we're not facing this one alone. For 1682 01:13:12,360 --> 01:13:15,559 Speaker 3: thirty four years, A and Z have been supporting the 1683 01:13:15,560 --> 01:13:18,120 Speaker 3: Cancer Society to help our communities through the thick and 1684 01:13:18,240 --> 01:13:21,000 Speaker 3: thin of cancer, and we've got Daffodil Day coming around 1685 01:13:21,000 --> 01:13:24,280 Speaker 3: again August thirty. Remember that Daffidil Day August thirty, so 1686 01:13:24,280 --> 01:13:26,679 Speaker 3: a chance to stand united and make a real difference. 1687 01:13:26,680 --> 01:13:29,759 Speaker 3: And every daffodil represents a story of hope, of struggle 1688 01:13:29,800 --> 01:13:32,360 Speaker 3: and support. It's about coming together when times are tough, 1689 01:13:32,400 --> 01:13:34,960 Speaker 3: just like Kiwis always do. Of course, your donation, big 1690 01:13:35,040 --> 01:13:37,559 Speaker 3: or small, can make a real difference to someone's journey, 1691 01:13:37,560 --> 01:13:40,040 Speaker 3: so it is. It funds vital research. Basically, it helps 1692 01:13:40,080 --> 01:13:43,160 Speaker 3: the Cancer Society who provide support services. It brings hope 1693 01:13:43,160 --> 01:13:45,439 Speaker 3: to those who need it most. So let's make every 1694 01:13:45,520 --> 01:13:48,320 Speaker 3: daffodil count where A and z this Daffodil Day and 1695 01:13:48,400 --> 01:13:50,680 Speaker 3: show what New Zealanders are made of. Here's how you 1696 01:13:50,720 --> 01:13:54,599 Speaker 3: do it. You text the word donate donate to two 1697 01:13:54,640 --> 01:13:56,880 Speaker 3: double four to two and get a link for the donation. 1698 01:13:57,000 --> 01:13:59,559 Speaker 3: Couldn't be simpler, So you simply text the word donate 1699 01:14:00,080 --> 01:14:03,160 Speaker 3: to two four four two and get the link to 1700 01:14:03,240 --> 01:14:06,639 Speaker 3: make a donation. Ask Mike please have those two back 1701 01:14:06,640 --> 01:14:08,880 Speaker 3: on the radio there so I could they aren't they 1702 01:14:08,920 --> 01:14:10,760 Speaker 3: surely very nice? We will get the men hopefully when 1703 01:14:10,760 --> 01:14:12,840 Speaker 3: they're in the country. Weren't they breath of fresh air? Yes, 1704 01:14:12,880 --> 01:14:14,720 Speaker 3: they were a good choice for an interview. Everyone needs 1705 01:14:15,160 --> 01:14:18,360 Speaker 3: needs Irish peeps in their lives, fair enough to Mike, 1706 01:14:18,840 --> 01:14:21,759 Speaker 3: I don't understand. This has been typical of the response 1707 01:14:21,800 --> 01:14:26,400 Speaker 3: this morning, the announcement yesterday. This business of welfare reform 1708 01:14:26,560 --> 01:14:29,519 Speaker 3: is not really a story in the sense that it's 1709 01:14:29,560 --> 01:14:33,360 Speaker 3: one of those classic examples of if you follow the 1710 01:14:33,439 --> 01:14:37,759 Speaker 3: rules and do as you expected, nothing happens, nothing changes. 1711 01:14:37,840 --> 01:14:40,160 Speaker 3: It's just if you're a rackelcitrant, all of a sudden 1712 01:14:40,160 --> 01:14:42,840 Speaker 3: the government might just want you to behave yourself. So 1713 01:14:43,000 --> 01:14:45,759 Speaker 3: I don't understand the people who don't understand the traffic 1714 01:14:45,800 --> 01:14:49,320 Speaker 3: light system for beneficiaries, benefits should come with social expectation 1715 01:14:49,400 --> 01:14:52,320 Speaker 3: of behavior, actively seeking work, prudent with the money your 1716 01:14:52,320 --> 01:14:54,280 Speaker 3: benefits give you. As a taxpayer, I've got to pay 1717 01:14:54,320 --> 01:14:56,840 Speaker 3: the taxes which fund the social services. I'm happy with 1718 01:14:56,880 --> 01:14:59,120 Speaker 3: that social contract. But if I don't can play. The 1719 01:14:59,200 --> 01:15:01,880 Speaker 3: penalties for tax players are onerous as well. One hundred 1720 01:15:01,920 --> 01:15:03,719 Speaker 3: percent right. So if you want to make a difference, 1721 01:15:03,720 --> 01:15:05,000 Speaker 3: if you want to make an effort, if you want 1722 01:15:05,040 --> 01:15:09,759 Speaker 3: to improve yourself, no big deal now. Lester the overnight 1723 01:15:09,840 --> 01:15:12,040 Speaker 3: story from Britain, is an eleven year old in a 1724 01:15:12,120 --> 01:15:15,240 Speaker 3: mum stabbed, more knife crime in London. There was no 1725 01:15:15,280 --> 01:15:18,760 Speaker 3: connection between the stabber and the victims. So we'll get 1726 01:15:18,760 --> 01:15:20,479 Speaker 3: the latest from Rod in the UK and the next 1727 01:15:20,479 --> 01:15:22,560 Speaker 3: half hour of the program after the News, which. 1728 01:15:22,320 --> 01:15:31,679 Speaker 2: Is your trusted source for news and views, the Mic 1729 01:15:31,760 --> 01:15:36,800 Speaker 2: Hosking Breakfast with Bailey's Real Estate, your local experts across residential, 1730 01:15:36,840 --> 01:15:39,000 Speaker 2: commercial and rural news togs EDB. 1731 01:15:39,200 --> 01:15:40,439 Speaker 3: I'm not going to have time for all of this 1732 01:15:40,439 --> 01:15:41,640 Speaker 3: this morning, so I will have to get to the 1733 01:15:41,720 --> 01:15:45,600 Speaker 3: Raygun story. But the most astonishing thing yesterday in the 1734 01:15:45,600 --> 01:15:49,920 Speaker 3: seafood industry, free trade agreements are designed to do what 1735 01:15:50,280 --> 01:15:53,160 Speaker 3: they mean. You can export something we make in this country, 1736 01:15:53,200 --> 01:15:55,479 Speaker 3: two way country with the free trade agreement, and you 1737 01:15:55,479 --> 01:15:59,559 Speaker 3: don't play tariffs. And yet yesterday I read that there's 1738 01:15:59,640 --> 01:16:04,719 Speaker 3: bloke from NB he's at a seafood conference and he says, 1739 01:16:05,040 --> 01:16:08,280 Speaker 3: seafood exporters are not making the most of the free 1740 01:16:08,280 --> 01:16:13,000 Speaker 3: trade agreements. You're exporting muscles to Mexico and paying a 1741 01:16:13,040 --> 01:16:15,280 Speaker 3: twenty percent tariff. That means for ever one hundred dollars 1742 01:16:15,320 --> 01:16:18,480 Speaker 3: of exports, you're giving twenty dollars to the Mexican Customs administration. 1743 01:16:19,200 --> 01:16:22,679 Speaker 3: But the CPTPP, which came into force five years ago, 1744 01:16:23,160 --> 01:16:28,280 Speaker 3: eliminated that tariff. You shouldn't be paying it. So he's 1745 01:16:28,280 --> 01:16:31,160 Speaker 3: saying that people who export from this country into countries 1746 01:16:31,160 --> 01:16:33,080 Speaker 3: with a free trade agreements still pay tariffs. How is 1747 01:16:33,160 --> 01:16:35,799 Speaker 3: this possible? He goes on, Large parts of the industry 1748 01:16:35,840 --> 01:16:38,240 Speaker 3: are still paying it. When you're exporting and filling out 1749 01:16:38,280 --> 01:16:43,280 Speaker 3: the paperwork, there's a box that asks are you seeking 1750 01:16:43,360 --> 01:16:48,240 Speaker 3: for free trade agreement preference? You need to tick that box. 1751 01:16:53,520 --> 01:16:56,040 Speaker 3: You wonder why we've got problems. Twenty ten minutes away from. 1752 01:16:56,000 --> 01:17:00,640 Speaker 15: Nine International correspondence with ends and eye Insurance survined for 1753 01:17:00,720 --> 01:17:02,759 Speaker 15: New Zealand Business UK down Ron. 1754 01:17:02,640 --> 01:17:05,120 Speaker 3: Little Good morning, man, good. Before we get to the 1755 01:17:05,200 --> 01:17:07,840 Speaker 3: dridful business and lister square, I must congratulate you on 1756 01:17:07,880 --> 01:17:09,320 Speaker 3: the riots. When we talked to you last week, you 1757 01:17:09,360 --> 01:17:10,800 Speaker 3: said the drizzle was going to come. And when the 1758 01:17:10,840 --> 01:17:13,040 Speaker 3: drizzle arrives, all the weirdoyes go home and sure enough 1759 01:17:13,080 --> 01:17:15,400 Speaker 3: that's that. Have we flushed through it? They all turned 1760 01:17:15,439 --> 01:17:17,479 Speaker 3: up and court had they tell abiseed sentences? Are they 1761 01:17:17,479 --> 01:17:18,360 Speaker 3: all in jail or what? 1762 01:17:19,720 --> 01:17:19,840 Speaker 7: Well? 1763 01:17:19,920 --> 01:17:22,160 Speaker 10: Yeah, yeah. But the other thing which I mentioned I 1764 01:17:22,200 --> 01:17:25,000 Speaker 10: think has happened as well, which is that the football 1765 01:17:25,040 --> 01:17:30,760 Speaker 10: season began. They're all back on the terraces, you know. 1766 01:17:32,200 --> 01:17:36,320 Speaker 10: It was. It was a convocation of largely football hooligans 1767 01:17:37,240 --> 01:17:39,680 Speaker 10: who were enjoying the hot weather and decided to go 1768 01:17:39,720 --> 01:17:41,680 Speaker 10: out and have a fight with the old bill. And 1769 01:17:42,080 --> 01:17:44,960 Speaker 10: let's all forget. Yes, they did terrorize some Muslim people 1770 01:17:46,040 --> 01:17:48,519 Speaker 10: and some people who they thought were Muslim but were 1771 01:17:48,560 --> 01:17:52,880 Speaker 10: too stupid to realize that they weren't, but that their chief, 1772 01:17:53,479 --> 01:17:58,559 Speaker 10: their chief enemy was the police. So you know, they 1773 01:17:58,600 --> 01:18:01,920 Speaker 10: find themselves in coll forty three in Middlesborough, another whole 1774 01:18:02,000 --> 01:18:08,280 Speaker 10: bunch in Liverpool, more in Harlepool, more in Darlington. And 1775 01:18:08,560 --> 01:18:13,080 Speaker 10: I'm getting lengthy sentences which is giving fuel to what 1776 01:18:13,160 --> 01:18:14,920 Speaker 10: we're now going to have. And this is going to 1777 01:18:15,040 --> 01:18:19,240 Speaker 10: last a lot longer than the riots themselves, which is 1778 01:18:19,280 --> 01:18:25,600 Speaker 10: the post riot battle of the chattering classes and the 1779 01:18:25,680 --> 01:18:30,200 Speaker 10: politicians who caused it, Why it happened, Who's to blame? 1780 01:18:31,000 --> 01:18:34,040 Speaker 10: And you know, one of the arguments is two tier policing. 1781 01:18:34,439 --> 01:18:37,240 Speaker 10: Why is someone getting three years for nicking a policeman's 1782 01:18:37,280 --> 01:18:41,879 Speaker 10: batten when in Black Lives Matter no one got anything 1783 01:18:41,880 --> 01:18:44,880 Speaker 10: at all for destroying a statue and throwing it in 1784 01:18:44,920 --> 01:18:48,800 Speaker 10: a river. It's very interesting, and you see all these 1785 01:18:48,840 --> 01:18:54,320 Speaker 10: accusations and counter accusations flying backwards and forwards. And you know, 1786 01:18:54,840 --> 01:18:57,759 Speaker 10: obviously I objected to the riots themselves, but I objected 1787 01:18:57,800 --> 01:19:01,000 Speaker 10: them on the principle that the organiz should have known 1788 01:19:01,040 --> 01:19:04,799 Speaker 10: that we'd have been in for four months of count 1789 01:19:05,000 --> 01:19:10,240 Speaker 10: on what you usedpeak called Twitter, Facebook and indeed every 1790 01:19:10,280 --> 01:19:11,440 Speaker 10: bit of social. 1791 01:19:11,040 --> 01:19:16,880 Speaker 3: Media exactly Lister Square, right. My understanding was that the 1792 01:19:16,920 --> 01:19:19,000 Speaker 3: people who got stabbed and a living year on their 1793 01:19:19,080 --> 01:19:21,880 Speaker 3: mum weren't known to the staber. So you can't go 1794 01:19:21,920 --> 01:19:25,519 Speaker 3: through Lister Square without taking your life in your hands. Now, reputationally, 1795 01:19:26,200 --> 01:19:28,439 Speaker 3: this cannot be good for London, which already had a 1796 01:19:28,479 --> 01:19:30,559 Speaker 3: reputation for being a bit dodgy around knives. 1797 01:19:31,840 --> 01:19:33,840 Speaker 10: I think that's right, and I think it's right as 1798 01:19:33,840 --> 01:19:38,040 Speaker 10: well that you know, we've seen that Paris has suffered 1799 01:19:38,600 --> 01:19:42,320 Speaker 10: a downtoir of tourism that's so enormously popular because of 1800 01:19:42,360 --> 01:19:47,800 Speaker 10: the problems which are associated with Paris and violence and 1801 01:19:47,920 --> 01:19:51,400 Speaker 10: upheaval and bonds and so on. And yes, indeed it's 1802 01:19:51,479 --> 01:19:54,880 Speaker 10: yet another stabbing, similar it would seem to the one 1803 01:19:55,080 --> 01:20:01,280 Speaker 10: in Southport where where two people unknown to the stabber 1804 01:20:01,360 --> 01:20:06,960 Speaker 10: were attacked by a bloke in Leicester Square and the 1805 01:20:07,040 --> 01:20:10,320 Speaker 10: girl is in hospital, a little girl, and the mother 1806 01:20:10,439 --> 01:20:15,320 Speaker 10: was attacked as well. And immediately, of course, exactly what 1807 01:20:15,400 --> 01:20:19,000 Speaker 10: I was talking about earlier. The right came on and said, 1808 01:20:19,040 --> 01:20:21,160 Speaker 10: look it's happened again. They're up to no good again, 1809 01:20:21,800 --> 01:20:26,160 Speaker 10: all rather confusedly, because there is no evidence whatsoever that 1810 01:20:26,200 --> 01:20:30,520 Speaker 10: the attacker was Muslim. There is a lot of evidence 1811 01:20:30,760 --> 01:20:32,880 Speaker 10: that the man who stopped the attack and took the 1812 01:20:32,920 --> 01:20:35,960 Speaker 10: knife off the guy was a bloke called Abdullah, who 1813 01:20:36,000 --> 01:20:38,719 Speaker 10: I would bet my bottom dollar probably is a Muslim. 1814 01:20:38,800 --> 01:20:40,600 Speaker 3: Yeah, it's a very good point. I think he was 1815 01:20:40,640 --> 01:20:43,120 Speaker 3: Indian to say, James Redcliff, by the way, as the 1816 01:20:43,200 --> 01:20:45,720 Speaker 3: name you'll know Manchester United, speaking of football. Not to me, 1817 01:20:46,640 --> 01:20:49,120 Speaker 3: he said he no longer feels safe in London. He 1818 01:20:49,120 --> 01:20:52,320 Speaker 3: wouldn't wear a watch fear or alarmist. 1819 01:20:53,520 --> 01:20:55,600 Speaker 10: Oh, I think not wearing your watch in London is 1820 01:20:55,640 --> 01:20:59,639 Speaker 10: a very very sensible thing to do. Indeed, the major 1821 01:20:59,720 --> 01:21:03,479 Speaker 10: crime in London, if you exclude lunatic stabbing people for 1822 01:21:03,520 --> 01:21:07,599 Speaker 10: no reason whatsoever, is the snap theft, which is usually 1823 01:21:07,680 --> 01:21:12,040 Speaker 10: done from mopets or bicycles and usually done by young 1824 01:21:12,280 --> 01:21:16,280 Speaker 10: men from ethnic minorities. At late at night. If you 1825 01:21:16,320 --> 01:21:19,240 Speaker 10: are stupid enough to walk through any part of London, 1826 01:21:19,560 --> 01:21:23,679 Speaker 10: and I mean any part of London apart from maybe 1827 01:21:23,760 --> 01:21:28,240 Speaker 10: Downing Street after nine o'clock at night or well before 1828 01:21:28,240 --> 01:21:31,640 Speaker 10: then in the winter months, where in fatty jewelry or 1829 01:21:31,680 --> 01:21:36,120 Speaker 10: holding a very expensive foae, then you are asking for trouble. 1830 01:21:36,800 --> 01:21:39,640 Speaker 10: But I think in fairness, in fairness, mate, you know, 1831 01:21:39,720 --> 01:21:43,240 Speaker 10: I think that's probably been true for a decade, maybe 1832 01:21:43,280 --> 01:21:47,280 Speaker 10: two decades. And you know, I used to live in Brixton, 1833 01:21:47,320 --> 01:21:50,200 Speaker 10: which was known for its riots, known for its crime, 1834 01:21:50,680 --> 01:21:54,360 Speaker 10: known for its attacks and thefts, and I would certainly 1835 01:21:54,439 --> 01:21:57,360 Speaker 10: I would a avoid walking through Brixton alone very late 1836 01:21:57,400 --> 01:21:59,800 Speaker 10: at night, and if I did so, I would be 1837 01:21:59,840 --> 01:22:03,639 Speaker 10: in conspicuous. I wouldn't wear anything flashy and I would 1838 01:22:03,720 --> 01:22:08,800 Speaker 10: keep to myself. There has to be some notion of 1839 01:22:08,840 --> 01:22:12,240 Speaker 10: being sensible about these things. I don't think you'd do 1840 01:22:12,320 --> 01:22:15,680 Speaker 10: any differently if you were in New York or Los Angeles. 1841 01:22:16,040 --> 01:22:18,920 Speaker 3: What about the Olympics, quick recap on that did you 1842 01:22:19,040 --> 01:22:20,080 Speaker 3: do well or not. 1843 01:22:21,880 --> 01:22:22,040 Speaker 7: Well? 1844 01:22:22,080 --> 01:22:25,240 Speaker 10: We finished behind the Australians, which which is an appalling 1845 01:22:25,280 --> 01:22:30,160 Speaker 10: thing to happen and hasn't happened for some years. And 1846 01:22:30,320 --> 01:22:33,000 Speaker 10: we have now vowed that at the next Olympics wherever 1847 01:22:33,040 --> 01:22:38,639 Speaker 10: they are presumably I can't remember whether Awful Los Angeles right, 1848 01:22:39,000 --> 01:22:41,720 Speaker 10: that we will get our own back. It was a 1849 01:22:41,840 --> 01:22:44,519 Speaker 10: it was a pretty good performance by GB I think 1850 01:22:44,560 --> 01:22:48,320 Speaker 10: we came sixth or seventh, but that was only because 1851 01:22:48,360 --> 01:22:51,120 Speaker 10: we didn't quite get enough golds, but we got we 1852 01:22:51,240 --> 01:22:55,120 Speaker 10: got enough bronze medals and silver medals and our overall 1853 01:22:55,160 --> 01:22:58,519 Speaker 10: medal hole put a third, I think it was, which 1854 01:22:58,560 --> 01:23:01,840 Speaker 10: is remarkable, you know, ahead of the French, which is 1855 01:23:02,400 --> 01:23:06,120 Speaker 10: I would say my crucial point to beat the French. 1856 01:23:07,920 --> 01:23:13,080 Speaker 10: We've seen over the course of these Olympics an immense 1857 01:23:13,080 --> 01:23:16,960 Speaker 10: amount of rather petty and childish Shard and Frida directed 1858 01:23:17,000 --> 01:23:20,320 Speaker 10: at the French. A for their bizarre opening ceremony, b 1859 01:23:20,439 --> 01:23:22,639 Speaker 10: for the fact that it dared to rain on them, 1860 01:23:23,200 --> 01:23:25,839 Speaker 10: and see for the bad food which was served, according 1861 01:23:25,920 --> 01:23:28,920 Speaker 10: to the Brits in the Olympic village. And four for 1862 01:23:29,040 --> 01:23:33,800 Speaker 10: a fairly muted closing ceremony, which was eclipsed, of course 1863 01:23:33,840 --> 01:23:36,759 Speaker 10: by the Americans taking over. So there's been a degree 1864 01:23:36,760 --> 01:23:39,160 Speaker 10: of satisfaction here, even if we didn't come third in 1865 01:23:39,160 --> 01:23:39,599 Speaker 10: the table. 1866 01:23:39,600 --> 01:23:41,320 Speaker 3: As usual, good to catch up with. You might see 1867 01:23:41,320 --> 01:23:45,320 Speaker 3: your Thirsday. Ron Little in the UK at AID forty five, the. 1868 01:23:45,360 --> 01:23:49,760 Speaker 2: Mic Asking Breakfast Full Show podcast on iHeartRadio powered by 1869 01:23:49,800 --> 01:23:50,600 Speaker 2: News Talks. 1870 01:23:50,360 --> 01:23:53,320 Speaker 3: At be Right. A twelve ay from nine Reigan. Here 1871 01:23:53,400 --> 01:23:55,559 Speaker 3: is how it worked. There seemed to be too many 1872 01:23:55,600 --> 01:23:58,400 Speaker 3: sports in the Olympic Games where the individual countries have 1873 01:23:58,479 --> 01:24:02,720 Speaker 3: no basic set up and therefore you simply turn up 1874 01:24:02,800 --> 01:24:05,040 Speaker 3: whether you're any good or not. So what happened was 1875 01:24:05,760 --> 01:24:09,200 Speaker 3: the Australian Breaking Association. This goes back to twenty nineteen 1876 01:24:09,439 --> 01:24:13,040 Speaker 3: ABA Australian Breaking Association. It was founded by a person 1877 01:24:13,080 --> 01:24:17,280 Speaker 3: called Low Napolin. Why because there was no national body 1878 01:24:17,320 --> 01:24:19,920 Speaker 3: in Australia and they'd heard the word that breaking might 1879 01:24:19,960 --> 01:24:22,080 Speaker 3: be part of the twenty twenty four Games in Paris. 1880 01:24:22,800 --> 01:24:27,040 Speaker 3: So this person Low sets up an organization registers as 1881 01:24:27,040 --> 01:24:30,960 Speaker 3: a charity. They announced they begin taking registrations for dancers 1882 01:24:31,040 --> 01:24:33,439 Speaker 3: wanting to be considered a selection. So there is no setup, 1883 01:24:33,439 --> 01:24:35,639 Speaker 3: there is no foundation, there is no one running anything 1884 01:24:35,640 --> 01:24:39,679 Speaker 3: apart from Low. Low sets up the ABA. First event 1885 01:24:39,760 --> 01:24:42,120 Speaker 3: they have it's a national ranking system. This is twenty 1886 01:24:42,160 --> 01:24:46,439 Speaker 3: twenty one. Now Gun Ray Gun is ranked first out 1887 01:24:46,479 --> 01:24:48,760 Speaker 3: of twenty six women. So there's only twenty six in 1888 01:24:48,760 --> 01:24:51,080 Speaker 3: all of Australia who are interested in breakdancing, so she's 1889 01:24:51,080 --> 01:24:54,320 Speaker 3: one of the twenty six. There's the World Dance Sport Federation. 1890 01:24:55,080 --> 01:24:58,360 Speaker 3: They published then a qualification system in twenty twenty two. 1891 01:24:58,640 --> 01:25:01,639 Speaker 3: There are three events for Australians. One is the World Champs. 1892 01:25:01,680 --> 01:25:05,760 Speaker 3: Won's the Oceania Champs. One's the Olympic Qualifier. By now 1893 01:25:05,880 --> 01:25:08,800 Speaker 3: ABA's changed its name to O was breaking. They take 1894 01:25:08,840 --> 01:25:10,479 Speaker 3: a couple of women, they send them off to the 1895 01:25:10,479 --> 01:25:14,280 Speaker 3: first qualifier event. Ray Gun comes sixty fourth, so not 1896 01:25:14,360 --> 01:25:15,080 Speaker 3: really that good. 1897 01:25:15,600 --> 01:25:17,800 Speaker 4: Doesn't qualify Do we know how out of how many? 1898 01:25:17,920 --> 01:25:19,400 Speaker 4: And are we betting that it was sixty four? 1899 01:25:19,600 --> 01:25:21,920 Speaker 3: Well no, because there was Chapman who was the other 1900 01:25:21,960 --> 01:25:25,519 Speaker 3: Australian that sent along. She came seventy ninth, So Raygun 1901 01:25:25,520 --> 01:25:26,360 Speaker 3: was the better of the tooth. 1902 01:25:26,400 --> 01:25:27,200 Speaker 4: I stand corrected. 1903 01:25:27,400 --> 01:25:30,719 Speaker 3: Our next possible opportunity was the Oceania Championships. There were 1904 01:25:31,240 --> 01:25:34,679 Speaker 3: fifteen entered in that particular event. Of the fifteen, after 1905 01:25:34,720 --> 01:25:37,280 Speaker 3: the first day she's got the top points, she comes 1906 01:25:37,320 --> 01:25:41,520 Speaker 3: back next to get the final three. She beats them, 1907 01:25:41,880 --> 01:25:44,040 Speaker 3: so she beats the final three. So so far at 1908 01:25:44,040 --> 01:25:49,400 Speaker 3: maximum she's beaten fifteen suddenly she's number one. Final opportunity 1909 01:25:49,479 --> 01:25:52,360 Speaker 3: was the qualifier series in Shanghai and Buddapest. They send 1910 01:25:52,400 --> 01:25:55,400 Speaker 3: off three women, none of them qualify. So by winning 1911 01:25:55,400 --> 01:25:59,559 Speaker 3: the Oceania competition against fifteen people, she suddenly books her 1912 01:25:59,600 --> 01:26:02,160 Speaker 3: place in the Australian Olympic team. To go break dancing 1913 01:26:02,200 --> 01:26:04,639 Speaker 3: teens up in Paris in twenty twenty four and score 1914 01:26:04,720 --> 01:26:07,760 Speaker 3: zero and has become a cult hero and thank the 1915 01:26:07,760 --> 01:26:10,240 Speaker 3: good Lord breaking. So what that tells you is and 1916 01:26:10,280 --> 01:26:12,840 Speaker 3: it's like our canoe thing, that paddling of the canoe sport. 1917 01:26:13,120 --> 01:26:15,600 Speaker 3: It's next to no one does it, next to no 1918 01:26:15,680 --> 01:26:17,679 Speaker 3: one's interested. It's a very good piece in the Sydney 1919 01:26:17,680 --> 01:26:19,800 Speaker 3: Morning Herald. Read it if you want to. But the 1920 01:26:19,800 --> 01:26:22,080 Speaker 3: point of it, all, the conclusion they came to is 1921 01:26:22,439 --> 01:26:25,440 Speaker 3: it's a group of people who weren't interested in the Olympics, 1922 01:26:25,560 --> 01:26:29,280 Speaker 3: didn't have an association, couldn't really be bothered, No one entered. 1923 01:26:29,439 --> 01:26:32,040 Speaker 3: Those who did got to take it to Paris. Now 1924 01:26:32,080 --> 01:26:34,040 Speaker 3: is that the Olympics or not? 1925 01:26:34,040 --> 01:26:34,120 Speaker 7: Not? 1926 01:26:34,680 --> 01:26:35,879 Speaker 3: Nine away from nine. 1927 01:26:37,280 --> 01:26:40,719 Speaker 2: For the Mike Hosking break best with Bailey's real Estate 1928 01:26:40,920 --> 01:26:41,719 Speaker 2: Newstalk Zedd. 1929 01:26:42,160 --> 01:26:44,559 Speaker 3: Here's the reality when it comes to business funding big 1930 01:26:44,560 --> 01:26:46,439 Speaker 3: banks they hold all the cards. Of course, they don't 1931 01:26:46,439 --> 01:26:49,840 Speaker 3: blink at charging those hefty interest rates. The processes can 1932 01:26:49,880 --> 01:26:51,800 Speaker 3: sometimes leave you hanging for months. But we've got a 1933 01:26:51,800 --> 01:26:54,400 Speaker 3: game changer on the scene now. It's called taxi. Taxi right, 1934 01:26:54,680 --> 01:26:57,439 Speaker 3: it allows you to decline the bank with smarter business funding. 1935 01:26:58,000 --> 01:27:00,320 Speaker 3: Could be another digger for your fleet. You might just 1936 01:27:00,360 --> 01:27:02,960 Speaker 3: need to survive to twenty five. So they're going to 1937 01:27:02,960 --> 01:27:05,160 Speaker 3: help you fund your business. So how do they do that? Well, 1938 01:27:05,200 --> 01:27:08,120 Speaker 3: Taxi allows you basically to use your provisional tax to 1939 01:27:08,240 --> 01:27:11,719 Speaker 3: access seriously affordable working capital. So you're essentially borrowing against 1940 01:27:11,800 --> 01:27:14,679 Speaker 3: tax you've already paid, but at half the interest rates 1941 01:27:14,680 --> 01:27:17,240 Speaker 3: of the big banks. You heard right, about half the 1942 01:27:17,400 --> 01:27:19,640 Speaker 3: rate of the big banks. So you don't have to 1943 01:27:19,640 --> 01:27:21,840 Speaker 3: be Warren Buffett to work out that that adds up. 1944 01:27:21,880 --> 01:27:26,040 Speaker 3: So pay you provisional tax through taxi by twenty eighth August. 1945 01:27:26,439 --> 01:27:28,240 Speaker 3: Get ready to grow your business the smart way. If 1946 01:27:28,240 --> 01:27:31,080 Speaker 3: you want all the details on this one, go taxi 1947 01:27:31,439 --> 01:27:35,599 Speaker 3: dot co dot nz. You got it, Go taxi dot 1948 01:27:35,640 --> 01:27:39,880 Speaker 3: co dot enz Osky. This story you'll read all day. 1949 01:27:40,120 --> 01:27:45,040 Speaker 3: Leo Pollock Lewis Pollock first job in retail at the 1950 01:27:45,080 --> 01:27:48,040 Speaker 3: age of fourteen, left school as soon as he could 1951 01:27:48,080 --> 01:27:50,840 Speaker 3: to work full time, put money away in a key 1952 01:27:50,880 --> 01:27:53,280 Speaker 3: we save it, became an assistant manager. Year later he 1953 01:27:53,320 --> 01:27:56,439 Speaker 3: steps up to become a regional manager of a sportshoe brand. 1954 01:27:56,439 --> 01:27:58,599 Speaker 3: He looks after these days nine stores. He's only twenty 1955 01:27:58,640 --> 01:28:02,960 Speaker 3: twenty one years old. He's sitting there in his rental accommodation. Says, 1956 01:28:02,960 --> 01:28:04,720 Speaker 3: I've been paying four hundred and eighty dollars a week 1957 01:28:04,720 --> 01:28:06,479 Speaker 3: and rent himy as well, pay another couple one hundred 1958 01:28:06,640 --> 01:28:08,840 Speaker 3: make it a mortgage. By the time he had fifty 1959 01:28:08,880 --> 01:28:10,720 Speaker 3: thousand dollars saved, he was either going to buy a 1960 01:28:10,760 --> 01:28:13,320 Speaker 3: home or start his own business. Decided to go for 1961 01:28:13,360 --> 01:28:15,960 Speaker 3: the home. Never had any debt, never owned a credit card, 1962 01:28:16,120 --> 01:28:19,400 Speaker 3: never used layby, I never had after pay. First contacted 1963 01:28:19,439 --> 01:28:21,040 Speaker 3: a bank in twenty twenty to see if he was 1964 01:28:21,080 --> 01:28:22,760 Speaker 3: heading in the right direction. They told him he didn't 1965 01:28:22,760 --> 01:28:25,000 Speaker 3: have enough savings of that particular point in time, but 1966 01:28:25,080 --> 01:28:27,040 Speaker 3: he could bump up his Kiwi saber a little bit, 1967 01:28:27,400 --> 01:28:30,519 Speaker 3: and he took their advice. Tried again. He wanted to 1968 01:28:30,520 --> 01:28:33,000 Speaker 3: buy a duel key apartment so one he could rent out. 1969 01:28:33,040 --> 01:28:35,680 Speaker 3: Banks wouldn't go there, being a first home buyer, so 1970 01:28:35,760 --> 01:28:38,080 Speaker 3: he had the chance of buying a new home and 1971 01:28:38,120 --> 01:28:41,520 Speaker 3: home I small one bed or a two bedy in Pokacoee. 1972 01:28:42,000 --> 01:28:43,920 Speaker 3: Weighed up the long term value for money. He remember 1973 01:28:43,960 --> 01:28:46,560 Speaker 3: this guy's twenty weighed up the long term value for 1974 01:28:46,600 --> 01:28:50,080 Speaker 3: money on both properties. Looked at the growth plans for 1975 01:28:50,160 --> 01:28:53,320 Speaker 3: both areas. Poka Koe definitely had a lot more in 1976 01:28:53,360 --> 01:28:55,840 Speaker 3: the pipeline. Also, the front unit sold for one hundred 1977 01:28:55,840 --> 01:28:58,080 Speaker 3: thousand dollars more when the market was peaking, so that 1978 01:28:58,240 --> 01:29:00,760 Speaker 3: for him was the green flake. It's been living in 1979 01:29:00,800 --> 01:29:04,240 Speaker 3: the home since July. Plans to renovate. He'll have a flatmate. 1980 01:29:04,360 --> 01:29:06,840 Speaker 3: He's given up dining, but it's worth it. Twenty years old, 1981 01:29:06,920 --> 01:29:11,160 Speaker 3: brought his own home. The message is it's all about attitude. 1982 01:29:11,520 --> 01:29:12,320 Speaker 3: Four away from. 1983 01:29:12,240 --> 01:29:18,120 Speaker 2: Nine trending now with has warehouse the real House of Fragrances. 1984 01:29:17,640 --> 01:29:20,800 Speaker 3: Right American Anthem yesterday in the closing ceremony, this is 1985 01:29:20,880 --> 01:29:31,759 Speaker 3: her h dot E dot R five time Grammy Winner, 1986 01:29:31,840 --> 01:29:39,360 Speaker 3: Academy Award winners. This is good as yeah, I think so, 1987 01:29:39,840 --> 01:29:43,439 Speaker 3: but zero butts. 1988 01:29:43,040 --> 01:29:45,600 Speaker 4: Well, you always want to hear the hypard I suppose. 1989 01:29:45,320 --> 01:29:56,280 Speaker 3: Is there as Tom Cruise jumped off at this point. 1990 01:29:55,320 --> 01:29:56,720 Speaker 4: And she's playing a guitar as well. 1991 01:29:56,760 --> 01:30:00,320 Speaker 3: She's yeah, well, what's your problem? This sounds fantastic to me. 1992 01:30:01,800 --> 01:30:02,799 Speaker 3: Did it go wrong. 1993 01:30:04,479 --> 01:30:05,759 Speaker 11: All the last? 1994 01:30:13,240 --> 01:30:14,120 Speaker 10: Now I let back. 1995 01:30:17,840 --> 01:30:23,920 Speaker 3: And we've done worse to be fair, haven't we? 1996 01:30:24,720 --> 01:30:25,160 Speaker 13: Oh yeah? 1997 01:30:26,640 --> 01:30:29,960 Speaker 3: Back tomorrow morning on The mic Asking Breakfast. Happy Days. 1998 01:30:31,560 --> 01:30:34,479 Speaker 2: For more from The Mic Asking Breakfast, listen live to 1999 01:30:34,600 --> 01:30:37,639 Speaker 2: news talks. It'd be from six am weekdays, or follow 2000 01:30:37,720 --> 01:30:39,280 Speaker 2: the podcast on iHeartRadio