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Speaker 1: New Zealand's home for trusted news and views. The Mike

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Speaker 1: Hosking Breakfast with Rainthrover Leading by example, news togs dead bes.

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Speaker 2: I mean, welcome today new Visa's new tax rules to

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Speaker 2: boost migration and investment in the country. We've got a

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Speaker 2: new report that says we're about to outdraw Australia and

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Speaker 2: will do for several years. Thank you very much, New

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Speaker 2: and to Ireland. Fairy Idea. Mark and Jimmy do Politics Wednesday.

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Speaker 2: Richard arm and Steve Price. They rock on up.

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Speaker 1: As well, Pascal, but all the week.

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Speaker 2: Welcome to it. Seven past six. The Retirement Commissioner producing

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Speaker 2: those figures yesterday that shows self employed have less key

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Speaker 2: we saber than employees does nothing but reinforce this country's

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Speaker 2: great predilection of mucking about with issues not really solving them.

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Speaker 2: Seems transparently obvious to me by now, after all these years,

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Speaker 2: that those who saved save those who don't don't. It

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Speaker 2: seems transparently obvious. Also, you can't rely on a government

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Speaker 2: who changes the rules that will when it comes to contributions.

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Speaker 2: It also seems obvious. Individual interpretation of wealth or fiscal

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Speaker 2: comforters unique to the person so cajoling people to put

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Speaker 2: money aside won't work if you don't want it to.

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Speaker 2: So here we are, all the years later, with an

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Speaker 2: average nest egg of about thirty something thousand dollars. It's nothing.

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Speaker 2: It's not going to see you right. It won't cushion

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Speaker 2: the retirement blow. It certainly won't stop the retirement superannuation debate.

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Speaker 2: What will compulsion look at Australia's numbers, look at ours?

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Speaker 2: Case closed. Now that's not to say I favor that.

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Speaker 2: I mean I favor people doing their own thing. I

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Speaker 2: favor not being barked at about a dollar year a

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Speaker 2: dollar their government contributions, endless harping about old people and

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Speaker 2: the cost of the state. If you want to reduce

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Speaker 2: the cost of the state, make people safe, because we

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Speaker 2: know they are not insufficient numbers currently nor showing any

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Speaker 2: real signs of taking the habit up. If you don't

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Speaker 2: make people save, you will forever be pushing out retirement

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Speaker 2: in the age, or cutting back on payments, or hoping

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Speaker 2: the super fund strikes oil or gold of both and

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Speaker 2: solves the problem another way. The politicians are afraid to

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Speaker 2: pull the gauge trigger. There are still those who argue

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Speaker 2: in fact, there isn't actually an issue at all. It's

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Speaker 2: just all overhyped. So short of some bold decisions, we

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Speaker 2: busy ourselves with reports stating the bleeding obvious. The simple

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Speaker 2: truth is no one's happy. And that's what happens when

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Speaker 2: you have a leadership vacuum. Somebody needs to own this

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Speaker 2: and call it, and then having called it, keep their

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Speaker 2: head down for a while with all the ensuing whining.

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Speaker 2: But look at Australia, look at us, look at the

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Speaker 2: bottom line. They win. It's not hard. You just have

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Speaker 2: to want to actually make a decision.

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Speaker 1: News of the World in ninety seven.

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Speaker 2: Now in sat in Britain with the Yanks, if not

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Speaker 2: anger grows by the day over these boat people crisis,

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Speaker 2: which is why reformers are hidden the Poles at the

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Speaker 2: moment in Farage. Here's an answer.

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Speaker 3: If you come to the UK illegally, you will be

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Speaker 3: detained and deported and never ever allowed to stay period.

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Speaker 3: And we're the first party to put out plans that

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Speaker 3: could actually make that work.

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Speaker 4: Are they?

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Speaker 2: The Tories? No political attraction when they see it.

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Speaker 5: He is not doing the thinking we are. And just

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Speaker 5: like we've seen with the lab of Governments, who didn't

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Speaker 5: do their thinking and opposition, there'll be a disaster in

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Speaker 5: government and in particular a disaster on the economy.

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Speaker 2: Other thing Britain's unhappy with is the price of food

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Speaker 2: this past month four point two percent. Thank you very much,

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Speaker 2: past us place in eighteen months.

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Speaker 6: What is your prices arising? Poor harvest on some commodities

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Speaker 6: means that increased price is going into businesses, but also

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Speaker 6: more significantly increased costs than many self imposed from a

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Speaker 6: government point of view.

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Speaker 2: Well, I'll tell you what it is. It's the eggs

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Speaker 2: and butter doing the damage. I mean, where have we

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Speaker 2: heard that before? Actually speaking of eggs.

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Speaker 7: So energy is way down, groceries are way down, eggs

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Speaker 7: are way down. When we came in, the eggs were

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Speaker 7: through the roof. There were four times higher than they've

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Speaker 7: ever been. And my first question from you people, what

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Speaker 7: are you going to do with eggs? They said, what's

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Speaker 7: the problem with eggs?

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Speaker 2: He's holding another river's cabinet meetings there where there's more

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Speaker 2: sort of Q and I than the roof's cabinet. Meantime,

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Speaker 2: across the country in Phoenix, a lot of dust yesterday.

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Speaker 8: The wind's now peaking at seventy miles an hour as

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Speaker 8: the storm creeps in and the temperatures they dropped thirty

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Speaker 8: five degrees in just thirty minutes, So again incredible, But

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Speaker 8: this is what happens when you get these very intense

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Speaker 8: thunderstorms during the monsoon.

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Speaker 2: Season, the monsoon season in Phoenix. Who knew? Then to

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Speaker 2: the Middle East where the back and forward over journalist

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Speaker 2: droves into another day.

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Speaker 9: A lot of Palestinian journalists are not considered by the

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Speaker 9: IDF in Israel to be unbiased third parties. That's the

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Speaker 9: reason why in the past the IDF has cited for

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Speaker 9: targeting some of these journalists.

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Speaker 2: Finally, over tourism issues and JJ's with Jjujju's the Hawaii

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Speaker 2: of South Korea, over thirteen million people made of the

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Speaker 2: world's busiest flight path. Actually Salt to Jju is the

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Speaker 2: world's busiest flight path Salt to Jju. Who knew anyway?

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Speaker 2: Locals have complained about the behavior once they get there.

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Speaker 2: So the Tourism Association printed eight thousand copies of how

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Speaker 2: to behave guidelines in Korean, English and Chinese. So it's

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Speaker 2: the basics. No smoking and non designated areas, no jaywalking,

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Speaker 2: no littery, no damage in the environment. I mean, how

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Speaker 2: hard can it be for goodness sake? Fine as sixty

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Speaker 2: dollars or if you're real pig dol tossi and jail.

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Speaker 2: Apparently here's the world in ninety Cook's gone, Lisa fed

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Speaker 2: Federal Reserve. He's booted around. She's got a lawyer, so

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Speaker 2: she'll be suing. That'll ultimately end up in the Preme Court.

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Speaker 2: Other court case of note, in the last twenty four hours,

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Speaker 2: a federal judge has blocked the kilmar Garcia case. This

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Speaker 2: is the guy got sent to El Salvador, then they

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Speaker 2: brought him back. He handed himself into ice this time yesterday.

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Speaker 2: So that ended up in court yesterday and for now,

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Speaker 2: US District Judge Paula Zinnis has barred the government from

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Speaker 2: Deportingham until they can have a proper hearing. Twelve past six.

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Speaker 1: The mic Asking Breakfast Full Show podcast on iHeartRadio call

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Speaker 1: it by News Talks.

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Speaker 2: EVY started with Chips Something to Watch and Intel was

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Speaker 2: the other one. The other day. The government, the US government,

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Speaker 2: this has took a ten percent take in Intel. Lutnick

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Speaker 2: Cobernight is thinking about whether they should get into Lockheed

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Speaker 2: Martin as well top defense contractor. So the government might

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Speaker 2: end up owning everything before we know it. It's fifteen past six,

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Speaker 2: Go my wealth.

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Speaker 10: Andrew Kallahar, Good morning, very good morning, Mike.

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Speaker 2: Right, restaurant brands, that's a that's a bell where there

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Speaker 2: isn't it if we're stuffing up with burgers and all

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Speaker 2: that sort of thuff.

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Speaker 11: Well, historically, I always used to used to think so

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Speaker 11: I always used to use it a bit of a

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Speaker 11: blunt barometer for discretionary spending in New Zealand.

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Speaker 10: You know, you've got a bit more you've got a

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Speaker 10: bit more.

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Speaker 11: Money in the wallet, and you go out and you

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Speaker 11: buy a bit of KFC or whatever. Not quite as

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Speaker 11: clean a reflection now because the business has got more

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Speaker 11: of a global footprint. You know, they've got exposure in Hawaii,

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Speaker 11: in California. Now they've got the brand KFC, Carls Junior, Pizza, Hut,

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Speaker 11: Taco Bell. I can't really speak from experience about this, Mike,

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Speaker 11: because I'm not really a big class food guide, but

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Speaker 11: you know, they're half year earnings released showed that profitability

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Speaker 11: is coming under a little bit of pressure. Now just

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Speaker 11: look at the positives though they have grown their sales,

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Speaker 11: they've grown, their revenue profit has fallen. So revenue or

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Speaker 11: total sales was a record seven hundred and three point

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Speaker 11: two million dollars worth of sales, so that's up two

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Speaker 11: point three percent on the prior period. Their stores in

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Speaker 11: Hawaii are going well on the revenue front. They've also

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Speaker 11: had new stores in New Zealand as well. They do

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Speaker 11: talk to the persistent macroeconomic headwinds and that Mike is

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Speaker 11: a fairly recurring theme in earning announcement so far this year,

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Speaker 11: also talking to the shifting consumer patterns in the quick

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Speaker 11: service restaurant sector.

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Speaker 10: It's not fast food anymore.

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Speaker 11: You're now talking about the quick service restaurants net profit

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Speaker 11: APT attacks eleven point nine million, that's down five point

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Speaker 11: six percent on last year. Yeah, they are battling locally

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Speaker 11: along with many other businesses, and they refer to this

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Speaker 11: slower than expected economic recovery and that MIKE is the

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Speaker 11: most widely heard refrain in economic analysis of twenty twenty five.

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Speaker 10: Yeah, Australia, Alsustralia.

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Speaker 11: They've got five hundred and twenty two stores now, which

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Speaker 11: is a lot, isn't it. Share price two dolls ninety

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Speaker 11: back in twenty twenty one, that share price was sixteen bucks,

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Speaker 11: but it.

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Speaker 10: Was stable yesterday.

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Speaker 2: Okay. Vulcan Steel, Yeah, we.

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Speaker 11: Talked steal and Tube the other day. A tough gig

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Speaker 11: for these businesses. At the moment you turn the spotlight

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Speaker 11: from Stealing Tube to Vulcan and tough economic condition is

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Speaker 11: still evident. Vulcan's actually gone into a trading hold. The

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Speaker 11: company announced a modest capital raising. They're raising eighty eight

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Speaker 11: million dollars to buy a local firm called Roofing Industry Limited.

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Speaker 11: It's a local supply of roofing planning rainwater products in

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Speaker 11: New Zealand. They've got two hundred and fifty employees, fifteen

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Speaker 11: branches nationally, so they're buying them.

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Speaker 10: They've also announced their results.

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Speaker 11: This is Vulcan revenue down eleven percent, earnings down twenty

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Speaker 11: four percent, steel volumes declined, revenue per ton for steel declined.

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Speaker 11: Underlying profit fialth fifty five percent, eighty million.

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Speaker 10: So look listen to their words as well.

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Speaker 11: Persistent and evolving economic challenges across both the New zealand

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Speaker 11: Australian markets.

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Speaker 10: But there's always a butt here, Mike. They said.

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Speaker 11: In the last three months they've observed encouraging signs of stabilization,

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Speaker 11: early indicators of renewed momentum, shap price seven dollars twenty.

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Speaker 11: It was a bit low earlier this year, so it has.

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Speaker 2: Recovered, okay, across it well, So what do we make

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Speaker 2: of Lisa and the Fed?

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Speaker 11: And oh mate, lots of you has started last night,

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Speaker 11: but it's probably all overshadowed by this news about Trump

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Speaker 11: trying to fire Fed Reserve Governor Lisa Cork and the

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Speaker 11: big debate now whether Trump has the authority to do so, Mike,

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Speaker 11: The big picture here is that Trump would like interest

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Speaker 11: rates lower, and he is unashamedly.

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Speaker 10: Trying to influence the Federal Reserve. So Cork was appointed

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Speaker 10: by Biden.

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Speaker 11: Now her term runs until get this, twenty thirty eight.

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Speaker 10: Twenty thirty eight. Now she most.

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Speaker 11: Importantly about this, Lisa Cook is on the rate setting committee,

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Speaker 11: so if she is removed, Trump would have the opportunity

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Speaker 11: to appoint a replacement. He's already put Stephen Moran in there.

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Speaker 11: He gets to name a new chair before May next year. However,

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Speaker 11: there are twelve people on the committee, so if he

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Speaker 11: can really you can't get a majority on there, but

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Speaker 11: he can certainly create more influence than that overshadows some

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Speaker 11: of the economic data overnight.

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Speaker 10: Were durable goods orders foul.

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Speaker 11: Richmond FED manufacturing was a little bit better than expected

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Speaker 11: than consumer the Conference Board consumer confidence better than expected

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Speaker 11: as well, So data was okay. Of the big stories.

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Speaker 2: About Trump and the Fed, give me the numbers.

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Speaker 11: Sure, The Dow Jones is up twenty eight points, so

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Speaker 11: that's not much. Forty five thousand, three hundred and nine.

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Speaker 11: The S and P five hundred is up four points

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Speaker 11: six thousand, four hundred and forty three, also very small gain.

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Speaker 11: And the NASTAC up point one eight percent twenty one thousand,

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Speaker 11: four hundred and eighty seven.

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Speaker 10: The forty one hundred overnight foul point six percent, nine

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Speaker 10: two six five.

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Speaker 11: The NICKET was down just under one percent forty two thousand,

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Speaker 11: three hundred and ninety four. Shang Honk composite down point

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Speaker 11: three nine percent three eight six eight. They closed there.

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Speaker 11: The ASEX two hundred lost point four percent yesterday eight

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Speaker 11: nine three five, and the NSECTS fifty down one hundred

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Speaker 11: and twenty one points point nine three percent twelve thousand,

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Speaker 11: nine hundred and fifty seven.

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Speaker 10: Kiwi dollar up a little bit point five.

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Speaker 11: Eight sixty two against the US point nine oh twenty

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Speaker 11: four against the Aussie, so sort of flirting with that

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Speaker 11: ninety cent range, which has been a bit of a

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Speaker 11: bit of a bit of a barrier historically. The euro

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Speaker 11: point five three five I went four to three four

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Speaker 11: nine against the pound eighty six point three seven Japanese

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Speaker 11: yen gold is trading at three thousand, three hundred and

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Speaker 11: eighty two dollars and break fruits come back a little

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Speaker 11: bit sixty seven dollars and twenty eight cents.

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Speaker 2: Fantastic, See you tomorrow. Andrew kellihat Jomiwealth dot co dot

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Speaker 2: m zhsky I was part of the visit yesterday to

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Speaker 2: the White House. Korean Air said, can we have one

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Speaker 2: hundred and three Boeing airplanes seven eight sevens, triple sevens

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Speaker 2: and seven three sevens. They'd actually announced that's thirteen point

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Speaker 2: seven billion dollars worth of business. They actually announced they

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Speaker 2: were going to do that last year, but they re

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Speaker 2: announced it yesterday just with funzies because you know how

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Speaker 2: these things work. And Apple this morning I have sent

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Speaker 2: out the invites. I hope you got one to their

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Speaker 2: latest event at the campus September nine, which is this

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Speaker 2: Tuesday week tagline is that's going to be are dropping

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Speaker 2: word is probably a watch in an iPhone seventeen Are

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Speaker 2: You Excited? Six twenty one. You're at news talk ZBO.

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

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Speaker 1: by News Talks at Me this time.

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Speaker 2: Ish yesterday, we're talking to Catherine about the Prime Minister Babu,

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Speaker 2: who's going to in September a couple of weeks time,

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Speaker 2: go for a confidence motion. He's trying to trim the

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Speaker 2: budget and join the real world and actually pay their way.

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Speaker 2: The market tanked overnight, the CAC forty tanked. They don't

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Speaker 2: think he's got the numbers, and if he doesn't have

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Speaker 2: the numbers, the government falls, which is a nightmare. And

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Speaker 2: it wasn't just me yesterday, but I thought the Iranians

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Speaker 2: blowing stuff up in Australia and expelling a diplomat was

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Speaker 2: actually quite a big story. And I'm looking around the

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Speaker 2: local media. They got there eventually, but it didn't seem

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Speaker 2: to be as big. I thought, this is a big

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Speaker 2: deal where the Iranians are in this part of the

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Speaker 2: world blowing things up, and the Prime Minister of Australia

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Speaker 2: comes out and goes he's off and we're closing down

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Speaker 2: the embassy in Tehran and we're shifting our people out

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Speaker 2: of that country. I would have thought that was a

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Speaker 2: bigger story than it was. Anyway, Steve Price is with

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Speaker 2: us in a couple of our six twenty five.

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Speaker 1: Trending now with the Women's Squarehouse. You're one star for

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Speaker 1: Father's Day, Frances.

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Speaker 2: The decision to hire Snoop speaking of Australia for the

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Speaker 2: AFL halftime show, well that's a thing.

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Speaker 12: One hundred thousand fans and the best two teams and

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Speaker 12: your boy, big Snoop deal double g at the mcg.

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Speaker 2: Anyway, former afler now radio host Guy called brendan fi Bowler,

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Speaker 2: He's revealed on a show that he's got the word

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Speaker 2: from inside the AFL that Snoop's actually going to get

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Speaker 2: the cut. So it comes after some weekend comments he

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Speaker 2: made about same sex couples being in animated movies, as

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Speaker 2: well as the fact that the AFL gave one of

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Speaker 2: their stars a formatch band for using a homophobic slur

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Speaker 2: on the field, which is something that Snoop says a

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Speaker 2: lot and his lyrics so eave a fellow radio host

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Speaker 2: Kyle Sandlan's.

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Speaker 13: Because all these AFLs are all they're all a bunch

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Speaker 13: of or he called me an F word, or he

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Speaker 13: called me gay, and they want to find everyone like

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Speaker 13: their their own community. And now someone has said Snoop

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Speaker 13: Dogg has used this gay slur. Yeah, Snoop's written about

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Speaker 13: pimping out women like whores his whole life, taking drugs,

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Speaker 13: gang bangs like, yeah, you knew who you were hiring.

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Speaker 2: See well, the the for me for some Snoop terms

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Speaker 2: up everywhere. It's got a kind of him again, is

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Speaker 2: it really? I saw him at the Super What was

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Speaker 2: good about Snoop at the Super Bowl a couple of

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Speaker 2: Super bowls ago is he had a whole lot of

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Speaker 2: fellow rappers and it was quite the show. And even

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Speaker 2: if you didn't like rap music, this was when it

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Speaker 2: was in Los Angeles. Even if you didn't like rap music,

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Speaker 2: you had to look at the show and you go,

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Speaker 2: you know what, they're actually quite cool. Snoop by himself

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Speaker 2: in the middle of the MCG really doesn't have quite

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Speaker 2: you know, in front of a bunch of pissed bogans,

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Speaker 2: really just doesn't have the same vibe. I wouldn't have

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Speaker 2: booked him. Anyway, We'll see where it goes. Grand Final

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Speaker 2: lays the twenty seventh of September, by the way, so

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Speaker 2: that I've got a month or too. I sorted out

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Speaker 2: tell you what the government is movie. You cannot mark

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Speaker 2: the government down for not working their butts off on

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Speaker 2: trying to fix this economy. Today it's business around tax.

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Speaker 2: Jeff Nightingale to O Man, so he'll explain to find

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Speaker 2: a detail on that that's for migrants. And then Erica

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Speaker 2: Stamford more visas. She's like, Oprah, I got a visa.

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Speaker 2: You have a visa. Everyone have a visa. Have you

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Speaker 2: got a visa? I haven't got a visa. Everyone I

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Speaker 2: have a visa. So there's more visa changes to be

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Speaker 2: announced today as well. She's with us after seven thirty. Meantime,

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Speaker 2: the News is next.

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Speaker 1: Setting me agenda and talking the big issues. The Mic

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Speaker 1: conking Breakfast with Bailey's real Estate altogether better across residential,

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Speaker 1: commercial and rural news, togs head b tod.

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Speaker 2: A new threat to Baltimore's Chicago, New York, Los Angeles,

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Speaker 2: and side goes for Trump of the National Guard Richard

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Speaker 2: Arnold with Moore on that shortly and Obviously, the Lisa

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Speaker 2: Cook story continues to unfold. Back here at twenty three

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Speaker 2: to seven. Couple of tax changes to tell you about

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Speaker 2: new bill to stop migrants being taxed on estimated obseas

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Speaker 2: income and instead only on what they actually are. And

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Speaker 2: also people and I hadn't thought about this. People using

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Speaker 2: solar and feeding it back to the grid won't be

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Speaker 2: charged income text did you think about that when you

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Speaker 2: stuck a few panels on your roof? Anyway, Jeff Nightingale's

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Speaker 2: an independent taxi expert in its back with us. Jeff morning,

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Speaker 2: Good morning, Mike. This migrant business estimated v received as

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Speaker 2: this complex.

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Speaker 12: Yeah, well it is a little complex, but it's it's

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Speaker 12: a good measure. At the moment, New Zealanders pay a

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Speaker 12: deemed tax on foreign shares and that's a deemed income

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Speaker 12: of five percent, and the that gets taxed at the

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Speaker 12: marginal rate. So that's a cash cost for owning shares,

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Speaker 12: whether or not you get a dividend or whether or

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Speaker 12: not you sell them. And that's been a real problem

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Speaker 12: for high value migrants, and particularly now I've got the

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Speaker 12: active investor plus scheme. We want these people to come

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Speaker 12: here and invest five to ten million and they usually

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Speaker 12: have a portfolio of shares of other things I've done

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Speaker 12: around the world, and we immediately start taxing them on

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Speaker 12: an annual basis whether or not they sell. So it's

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Speaker 12: designed to address that and make it more attractive to

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Speaker 12: come to New Zealand and it's a good measure.

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Speaker 2: Does that put us on a level playing field for

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Speaker 2: migrants with other countries and the tax treatment.

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Speaker 12: Yes, because generally they are subject to terrible words, but

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Speaker 12: generally they are subject to capital gains tax on those

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Speaker 12: offshore share portfolios in their home country, but only when

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Speaker 12: they sell them. And you know, some of this adventure

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Speaker 12: capital investment may never be worth anything. And so what

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Speaker 12: we're doing is giving them the option to elect into

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Speaker 12: essentially a sort of a capital gains tax regime in

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Speaker 12: New Zealand and say, if you sell those shares, will

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Speaker 12: tax seventy percent of the profit, pay tax in New Zealand,

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Speaker 12: get a credit in your home country so it aligns

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Speaker 12: with their offshore jurisdiction better.

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Speaker 2: What would your assessment of that being a handbreak if

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Speaker 2: we hadn't changed it. Is it a major?

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Speaker 12: Yeah, it was a major because particularly with this Golden

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Speaker 12: visa active investor thing, because that's the people we're trying

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Speaker 12: to attract the five to ten million dollars to invest

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Speaker 12: in New Zealand. So I think it's a good move

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Speaker 12: to fix it there. The only disappointing thing is that

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Speaker 12: would have been good to give that elective option to

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Speaker 12: all New Zealand.

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Speaker 2: Is not just well, I was going to say, so

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Speaker 2: what's a migrant? What's not a migrant and a You're

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Speaker 2: giving different treatment to different people.

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Speaker 12: Yeah, you are. So a migrant is someone that's not

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Speaker 12: been resident of New Zealand for five years, So it

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Speaker 12: does apply to returning New Zealanders. You have to have

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Speaker 12: been non resident for five years. And there was a

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Speaker 12: lot of lobbying to try and get the because it's

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Speaker 12: an electivor your elected to it, so there's a lot

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Speaker 12: of lobbying to try and get it extended more broadly.

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Speaker 12: But but at the moment, the government's just focused on

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Speaker 12: this one problem.

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Speaker 2: Okay, the good thing, as I said, I hadn't thought

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Speaker 2: about it. I mean, you're stick some panels on the roof.

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Speaker 2: You think you're doing the right thing, saving on a

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Speaker 2: power bill, But I mean the concept of paying tax,

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Speaker 2: I mean that would be that would come as a

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Speaker 2: surprise for many people, wouldn't it it will?

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Speaker 12: Yeah, you sell the electricity from your run off solar

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Speaker 12: and its income, and so then you've got to declare

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Speaker 12: that income. You've got to claim costs for putting the

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Speaker 12: panels on the roof, and it's just a nightmare. And

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Speaker 12: so this is a really sensible, pragmatic thing. The government's saying,

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Speaker 12: a little bit of income from solar panels on your roof,

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Speaker 12: we're just going to call it exempt. What trouble you

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Speaker 12: with the tax system? It's a really sensible thing to do.

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Speaker 2: From tax point of view. Is the government doing pretty

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Speaker 2: much all they can about getting people into the country

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Speaker 2: and making it easy.

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Speaker 12: Now, yeah they are, because the other thing in this bill,

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Speaker 12: this is a big bill, it's a hundred page tax bill.

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Speaker 12: But the other thing in there is a provision to

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Speaker 12: allow digital nomads, so people to come to New Zealand

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Speaker 12: and work here. So we already changed the v so

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Speaker 12: you can do some digital work on a visitor's visa

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Speaker 12: and work back into your offshore employer. And now we've

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Speaker 12: changed the tax rules to say that you can do

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Speaker 12: that for two hundred and seventy five days in an

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Speaker 12: eighteen month period without being subject to New Zealon tax.

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Speaker 12: But it's got to be an offshore employer and you've

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Speaker 12: got to be paying tax on that income in the

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Speaker 12: offshore country. But that's another sensible move to get more

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Speaker 12: people into New Zealand.

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Speaker 2: Good Insight has always Jeff preciate your expertise. Jeff Nightingale,

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Speaker 2: independent tax expert with us this morning to the stage

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Speaker 2: shortly nineteen two.

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

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Speaker 1: by News Talks a B.

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Speaker 2: Now the good news is Milford have done it again.

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Speaker 2: This is eight years. This is again embarrassing. Actually eight

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Speaker 2: years running. They've taken out the consumer New Zealand People's

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Speaker 2: Choice Award qi SABER for their Milford Qisaber plan. Morning

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Speaker 2: Star's latest independent survey two. By the way, Morningstar dot

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Speaker 2: com dot au if you want to read it, shows

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Speaker 2: that Milford has had the number one performing qywsaber funds

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Speaker 2: in the growth, balanced and conservative categories four returns over

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Speaker 2: the past ten years. So all of this is down

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Speaker 2: to their expert team obviously in their active approach to investing.

435
00:20:03,680 --> 00:20:06,560
Speaker 2: So why wouldn't you switch to Milford for that? Kiwisaber

436
00:20:06,560 --> 00:20:09,480
Speaker 2: account takes minutes. Literally you jump online. You need a

437
00:20:09,480 --> 00:20:12,320
Speaker 2: photo ID and your IID number. Got that, good to go.

438
00:20:12,440 --> 00:20:14,920
Speaker 2: No worries past performance not a reliable indicator of course,

439
00:20:14,920 --> 00:20:17,879
Speaker 2: a future performance. So Milford Fund's Limited is the issuer

440
00:20:17,920 --> 00:20:21,040
Speaker 2: of the Milford Queisaber Plan. So read the Milford Quwisaberplan

441
00:20:21,160 --> 00:20:25,240
Speaker 2: Product disclosure statement that's at Milford Asset dot com before investing.

442
00:20:25,240 --> 00:20:27,600
Speaker 2: You may wish to seek financial advice and for more

443
00:20:27,600 --> 00:20:30,400
Speaker 2: information on Milford's advice services and to see their financial

444
00:20:30,400 --> 00:20:35,159
Speaker 2: advice provider Disclosure statement. Milford Asset dot com slash getting

445
00:20:35,359 --> 00:20:38,800
Speaker 2: Dash Advice. You got that Milford Asset dot com slash

446
00:20:39,119 --> 00:20:43,919
Speaker 2: Getting Dash Advice pasking. Of course, it's the tax treatment

447
00:20:43,960 --> 00:20:45,439
Speaker 2: on the soul. You don't need to worry about that

448
00:20:45,480 --> 00:20:47,280
Speaker 2: for too long, based on the fact that eventually what

449
00:20:47,280 --> 00:20:49,000
Speaker 2: will happen is when you feed it back to the grid,

450
00:20:49,200 --> 00:20:51,560
Speaker 2: they won't pay you any money and they'll probably end

451
00:20:51,640 --> 00:20:54,159
Speaker 2: up charging you anyway. Guess who had some views on

452
00:20:54,200 --> 00:20:55,240
Speaker 2: SOULA today.

453
00:20:55,200 --> 00:20:58,240
Speaker 7: Thousands of acres of our farm land. You see these

454
00:20:58,280 --> 00:21:02,520
Speaker 7: big ugly patches of black plastic that comes from China,

455
00:21:03,280 --> 00:21:05,639
Speaker 7: and the solar is you know, I like solar in

456
00:21:05,680 --> 00:21:08,639
Speaker 7: some ways. But for firing up your big plants. It

457
00:21:08,680 --> 00:21:13,840
Speaker 7: doesn't work. It's very unstable. But it really takes up

458
00:21:13,840 --> 00:21:16,040
Speaker 7: your farm. The farmers are saying, you know, they're building

459
00:21:16,080 --> 00:21:19,320
Speaker 7: these massive blotches in the middle of the fields all

460
00:21:19,359 --> 00:21:22,080
Speaker 7: over the country. It's so crazy. It's so crazy. So

461
00:21:22,920 --> 00:21:24,080
Speaker 7: we're not heavy into.

462
00:21:23,880 --> 00:21:24,440
Speaker 10: That at all.

463
00:21:25,320 --> 00:21:29,200
Speaker 1: International correspondence with ends and eye insurance, peace of mind

464
00:21:29,240 --> 00:21:30,360
Speaker 1: for New Zealand business.

465
00:21:30,400 --> 00:21:34,280
Speaker 2: Not obtainably renewable pathway A six forty five Richard Donald

466
00:21:34,280 --> 00:21:35,680
Speaker 2: warning to you, and.

467
00:21:35,680 --> 00:21:38,600
Speaker 14: No wind turbines in front of Trump golf courses round.

468
00:21:38,600 --> 00:21:41,000
Speaker 2: Not where are we hitting too? Nixt with the National Guard.

469
00:21:41,520 --> 00:21:44,119
Speaker 14: Now it is Chicago. Trump is escalating his threat to

470
00:21:44,160 --> 00:21:47,520
Speaker 14: send arm National Guards into Democrat run cities. He's calling

471
00:21:47,520 --> 00:21:51,320
Speaker 14: the state's governor, JP Pritzkipp a slob, saying at his

472
00:21:51,400 --> 00:21:53,520
Speaker 14: cabinet session a short time ago, you.

473
00:21:53,480 --> 00:21:56,720
Speaker 7: Would think that Illinois will have such a problem with crime,

474
00:21:56,800 --> 00:22:00,159
Speaker 7: such a bad governor. He should be calling me and

475
00:22:00,200 --> 00:22:03,399
Speaker 7: he should be saying, could you send over the troops?

476
00:22:03,480 --> 00:22:04,880
Speaker 7: Lizz is that of control?

477
00:22:05,480 --> 00:22:09,600
Speaker 14: Britsckier says he has a somewhat different message for Trump.

478
00:22:09,920 --> 00:22:11,439
Speaker 2: He says, this.

479
00:22:11,359 --> 00:22:12,720
Speaker 13: Is not about fighting crime.

480
00:22:13,200 --> 00:22:17,000
Speaker 15: This is about Donald Trump searching for any justification to

481
00:22:17,080 --> 00:22:20,600
Speaker 15: deploy the military in a blue city in a blue

482
00:22:20,640 --> 00:22:24,080
Speaker 15: state to try and intimidate his political rival.

483
00:22:24,240 --> 00:22:28,000
Speaker 14: Stan of Chicago, says Pritzker, who says Trump wants to

484
00:22:28,040 --> 00:22:29,440
Speaker 14: be a dictatum.

485
00:22:29,920 --> 00:22:32,399
Speaker 1: Trump's is so a lot of people say, you know,

486
00:22:32,560 --> 00:22:35,080
Speaker 1: that's the case. I'd rather have a dictator. But I'm

487
00:22:35,119 --> 00:22:35,840
Speaker 1: not a dictator.

488
00:22:35,920 --> 00:22:37,080
Speaker 7: I just how to stop crime.

489
00:22:38,440 --> 00:22:42,080
Speaker 14: On that crime issue, pritz Gier is responding with this.

490
00:22:42,240 --> 00:22:45,480
Speaker 15: Eight of the top ten states with the highest homicide

491
00:22:45,560 --> 00:22:53,920
Speaker 15: rates are led by Republicans. None of those states is Illinois. Memphis, Tennessee, Hattiesburg,

492
00:22:53,960 --> 00:22:58,080
Speaker 15: Mississippi have higher crime rates than Chicago, and yet Donald

493
00:22:58,080 --> 00:23:02,800
Speaker 15: Trump is sending troops here and not there. Ask yourself why.

494
00:23:02,920 --> 00:23:06,199
Speaker 14: Well, Trump appears to have way more in mind with this.

495
00:23:06,280 --> 00:23:08,280
Speaker 14: He's just signed an order for a major expansion of

496
00:23:08,400 --> 00:23:11,320
Speaker 14: National Guard's role in policing course, with the creation of

497
00:23:11,400 --> 00:23:14,760
Speaker 14: specially trained units that can be mobilized quickly to quote

498
00:23:14,840 --> 00:23:19,520
Speaker 14: unquote and sure public order. In the past, national guards

499
00:23:19,880 --> 00:23:22,840
Speaker 14: have been temporary deployed by state governors, only not by

500
00:23:22,840 --> 00:23:25,120
Speaker 14: the Feds, and mostly to help out in the wake

501
00:23:25,160 --> 00:23:26,680
Speaker 14: of natural disasters.

502
00:23:26,760 --> 00:23:27,680
Speaker 2: So all this is new.

503
00:23:27,760 --> 00:23:30,760
Speaker 14: Pritzker says, if he sounds alarmist, it is because he

504
00:23:30,920 --> 00:23:34,040
Speaker 14: is sounding an alarm He says also the crime levels

505
00:23:34,040 --> 00:23:36,320
Speaker 14: are down in Chicago and that residents do not want

506
00:23:36,400 --> 00:23:39,679
Speaker 14: armed troops running around in their streets. He also warns

507
00:23:39,720 --> 00:23:40,640
Speaker 14: the Trump team.

508
00:23:40,680 --> 00:23:44,800
Speaker 15: If you hurt my people, nothing will stop me, not

509
00:23:45,000 --> 00:23:49,399
Speaker 15: time or political circumstance, from making sure that you face

510
00:23:49,800 --> 00:23:52,560
Speaker 15: justice under our constitutional.

511
00:23:51,840 --> 00:23:52,600
Speaker 14: Rule of law.

512
00:23:52,800 --> 00:23:53,320
Speaker 1: Tough talk.

513
00:23:53,520 --> 00:23:56,280
Speaker 14: Well, we've seen some Trump deployed guards in LA and

514
00:23:56,400 --> 00:23:58,720
Speaker 14: in the US capital surveys in both cities showing that

515
00:23:58,840 --> 00:24:02,040
Speaker 14: large numbers of residents opposed this. Pritzker's remarks, though, are

516
00:24:02,080 --> 00:24:05,120
Speaker 14: the toughest we have heard to date in this ongoing challenge.

517
00:24:05,240 --> 00:24:07,880
Speaker 2: Right Lisa Cook Nex's problem. Plenty of lawyers and ice

518
00:24:07,960 --> 00:24:10,760
Speaker 2: humid ends up at the Supreme Court. Eventually, lawyers always

519
00:24:10,800 --> 00:24:11,160
Speaker 2: do well.

520
00:24:11,240 --> 00:24:12,879
Speaker 14: Yeah, but none of this is a done deal. For

521
00:24:12,920 --> 00:24:15,120
Speaker 14: the first time ever, a president has sought to fire

522
00:24:15,160 --> 00:24:18,200
Speaker 14: a federal Reserve governor, Lisa Cook, who is first black

523
00:24:18,200 --> 00:24:21,199
Speaker 14: woman ever to serve on that seven member panel. She

524
00:24:21,280 --> 00:24:23,760
Speaker 14: says she's not going, she won't quit. She is now

525
00:24:23,840 --> 00:24:27,159
Speaker 14: suing over the attempt by Trump to dismiss her that

526
00:24:27,240 --> 00:24:29,600
Speaker 14: was announced today. Trump says he is pressing ahead with

527
00:24:29,640 --> 00:24:31,360
Speaker 14: it all, so it's likely to go before the US

528
00:24:31,359 --> 00:24:35,320
Speaker 14: Supreme Court, process that could obviously take months and months

529
00:24:35,359 --> 00:24:37,800
Speaker 14: and months. There is a betting game going around among

530
00:24:38,119 --> 00:24:42,000
Speaker 14: some self described experts who suggest there's only a thirty

531
00:24:42,000 --> 00:24:44,680
Speaker 14: percent chance that she'll be ousted before years end. Wall

532
00:24:44,720 --> 00:24:46,920
Speaker 14: Street now seems to be taking all of us in stride.

533
00:24:46,960 --> 00:24:49,520
Speaker 14: There has been a little activity on the market indexes.

534
00:24:49,840 --> 00:24:53,200
Speaker 14: Today's session. The Trump team signs an accusation against Cork

535
00:24:53,240 --> 00:24:55,800
Speaker 14: of mortgage fraud. She denies any wrongdoing. She hasn't been

536
00:24:55,880 --> 00:24:59,199
Speaker 14: charged with anything. Nobel Prize winning eccondm as Paul Krugman

537
00:24:59,320 --> 00:25:02,439
Speaker 14: is a bit more ag about this, and investors seem

538
00:25:02,520 --> 00:25:04,240
Speaker 14: to be. He is saying this is a.

539
00:25:04,200 --> 00:25:07,639
Speaker 16: Five of our fire as a message to everybody else

540
00:25:07,760 --> 00:25:11,840
Speaker 16: on the Fed's board and basically to government officials of

541
00:25:11,880 --> 00:25:16,119
Speaker 16: any kind that get in our way, don't act as

542
00:25:16,119 --> 00:25:20,000
Speaker 16: an obedient minion of Donald Trump, and we will ruin you.

543
00:25:20,160 --> 00:25:21,440
Speaker 10: It will destroy you.

544
00:25:21,440 --> 00:25:23,760
Speaker 14: You know everyday folks have mistake in all this as well.

545
00:25:23,800 --> 00:25:26,960
Speaker 14: Trump has routinely slammed Jerome Powell, the FED chair, calling

546
00:25:27,000 --> 00:25:30,439
Speaker 14: him stupid, a numb skull a more on and on

547
00:25:30,520 --> 00:25:32,719
Speaker 14: and on and on. But since fed chairs are supposed

548
00:25:32,720 --> 00:25:34,800
Speaker 14: to be independent, and conventional thinking has been if you

549
00:25:34,840 --> 00:25:37,840
Speaker 14: sack the FED boss, all hell could break loose. Meantime,

550
00:25:38,119 --> 00:25:41,040
Speaker 14: interest rates remain high because of the anti inflation battle,

551
00:25:41,119 --> 00:25:44,840
Speaker 14: so every day consumers wind up paying for it all.

552
00:25:45,080 --> 00:25:47,199
Speaker 2: So you product Richard on the state side and just

553
00:25:47,480 --> 00:25:49,959
Speaker 2: we've got problems because Elbow's got problems, and elbows got

554
00:25:49,960 --> 00:25:52,200
Speaker 2: problems because Crunt doesn't like it. So what's happened here

555
00:25:52,280 --> 00:25:55,560
Speaker 2: is this is the bargaining code, the news bargaining Code.

556
00:25:55,800 --> 00:25:58,040
Speaker 2: Australia is trying to get the big tech companies you

557
00:25:58,080 --> 00:26:01,240
Speaker 2: meet as your Googles, your facebooks, to pay for local

558
00:26:01,240 --> 00:26:04,399
Speaker 2: news services. So basically, they nick it. They see something

559
00:26:04,400 --> 00:26:06,159
Speaker 2: on the ABC in Australia, they nick it, they put

560
00:26:06,160 --> 00:26:07,560
Speaker 2: it on their feed and they make money out of it.

561
00:26:07,600 --> 00:26:09,080
Speaker 2: We don't like it. We don't like it here, they

562
00:26:09,080 --> 00:26:11,320
Speaker 2: don't like it there. So the news Bargaining Code we

563
00:26:11,320 --> 00:26:14,560
Speaker 2: were doing. We've done similar deals, but big tech have

564
00:26:14,640 --> 00:26:16,879
Speaker 2: worked out they don't need to do deals anymore anyway.

565
00:26:16,920 --> 00:26:19,160
Speaker 2: So Australia was looking to pass legislation. We were looking

566
00:26:19,200 --> 00:26:22,040
Speaker 2: to follow them if it was successful. It isn't going

567
00:26:22,080 --> 00:26:24,520
Speaker 2: to be because Trump said yesterday, if you pass that,

568
00:26:25,000 --> 00:26:28,080
Speaker 2: you're attacking American industry. If you're attacking American industry, I'm

569
00:26:28,080 --> 00:26:30,760
Speaker 2: going to tear us the producers out of you. So

570
00:26:30,880 --> 00:26:33,920
Speaker 2: that's the end of that. Both there and here. Nine

571
00:26:33,920 --> 00:26:35,000
Speaker 2: away from seven.

572
00:26:35,520 --> 00:26:38,960
Speaker 1: The make Hosking breakfast with rainthrow Bern news togs dead.

573
00:26:38,840 --> 00:26:41,119
Speaker 2: Be Mike, I'm probably a bit thick, but won't this

574
00:26:41,240 --> 00:26:43,920
Speaker 2: new visa detract from the five to ten million dollar categories? No,

575
00:26:43,960 --> 00:26:46,400
Speaker 2: you're not thick. It's a very fair question. The answer

576
00:26:46,440 --> 00:26:49,119
Speaker 2: is no, it won't because the person and we'll get

577
00:26:49,160 --> 00:26:51,159
Speaker 2: the full detail from America Stanford when she joined us

578
00:26:51,160 --> 00:26:53,960
Speaker 2: after seven thirty. But one million dollars is not five million.

579
00:26:54,000 --> 00:26:56,159
Speaker 2: It's certainly not ten. There's lots of people in the

580
00:26:56,200 --> 00:26:58,240
Speaker 2: world have got a million dollars, maybe two million dollars

581
00:26:58,280 --> 00:27:00,159
Speaker 2: to come to the country for a residency path than

582
00:27:00,160 --> 00:27:03,439
Speaker 2: a business. But it's not five or ten. So I

583
00:27:03,480 --> 00:27:06,960
Speaker 2: think they're completely separate categories. But it's well worth asking, Mike,

584
00:27:07,000 --> 00:27:10,399
Speaker 2: how important is this potential FONTIRA capital payout to the

585
00:27:10,440 --> 00:27:13,000
Speaker 2: overall economy. I know a lot of people are in

586
00:27:13,040 --> 00:27:15,760
Speaker 2: debt repayment, but it does free up cash flow. Is

587
00:27:15,800 --> 00:27:17,760
Speaker 2: it enough to kick start the country back into life? No,

588
00:27:17,880 --> 00:27:20,639
Speaker 2: not in and of itself there, but it's four billion

589
00:27:20,680 --> 00:27:22,320
Speaker 2: dollars and it went up for four billion dollars from

590
00:27:22,320 --> 00:27:24,879
Speaker 2: three point eight yesterday because Fontira cut the deal with

591
00:27:24,880 --> 00:27:27,119
Speaker 2: bigger Baga cheese. If you didn't follow this, there was

592
00:27:27,160 --> 00:27:29,400
Speaker 2: a sort of a rights issue thing and they've gone

593
00:27:29,440 --> 00:27:31,399
Speaker 2: to Lactals and Lactalas said, if you can sort the

594
00:27:31,440 --> 00:27:34,120
Speaker 2: Baga cheese thing out with Australia, we'll give you four

595
00:27:34,160 --> 00:27:36,919
Speaker 2: point two billion instead of the three point eight billion.

596
00:27:36,960 --> 00:27:39,520
Speaker 2: So they sorted that as of yesterday, so we're getting

597
00:27:39,560 --> 00:27:41,520
Speaker 2: four point two instead of the three point eight. Yes,

598
00:27:41,520 --> 00:27:43,760
Speaker 2: the farmers have to vote, but they'll back it. But

599
00:27:43,840 --> 00:27:46,240
Speaker 2: you put four billion dollars into an economy like ours.

600
00:27:46,240 --> 00:27:49,480
Speaker 2: It won't save the world, but it's certainly going to help.

601
00:27:49,480 --> 00:27:52,679
Speaker 2: I'll tell you that for nothing five to seven, all.

602
00:27:52,600 --> 00:27:56,320
Speaker 1: The ins and the outs. It's the biz. With business

603
00:27:56,320 --> 00:27:59,359
Speaker 1: fiber take your business productivity to the next level.

604
00:27:59,400 --> 00:28:02,359
Speaker 2: We have things the Green Party this morning, the public

605
00:28:02,440 --> 00:28:05,120
Speaker 2: service job numbers. So they've gone along because they've got

606
00:28:05,280 --> 00:28:07,680
Speaker 2: clearly nothing else to do with their life to seventy

607
00:28:07,720 --> 00:28:10,359
Speaker 2: five public organizations. In fact, we've got seventy five public

608
00:28:10,440 --> 00:28:13,200
Speaker 2: organizations over the thoughty first Alarmed Beldt. Anyway, they've gone

609
00:28:13,200 --> 00:28:15,800
Speaker 2: along to seventy five of them. In the first half

610
00:28:15,840 --> 00:28:18,880
Speaker 2: of this year, there were ten thousand public service jobs advertised,

611
00:28:18,880 --> 00:28:20,720
Speaker 2: which strikes me once again as a lot of public

612
00:28:20,720 --> 00:28:23,000
Speaker 2: service jobs. Anyway, two hundred and eighty six thousand people

613
00:28:23,000 --> 00:28:25,880
Speaker 2: applied to them. So ten thousand jobs advertised, two hundred

614
00:28:25,880 --> 00:28:28,159
Speaker 2: and eighty six thousand applications, which is three and a

615
00:28:28,160 --> 00:28:30,640
Speaker 2: half times more applications than two years ago. So where

616
00:28:30,640 --> 00:28:33,800
Speaker 2: were these jobs? Well, the Ministry of Social Development they

617
00:28:33,840 --> 00:28:36,240
Speaker 2: advertised almost one thousand jobs in the first six months

618
00:28:36,240 --> 00:28:38,760
Speaker 2: of the year. Twenty thousand people applied for them. Police

619
00:28:38,800 --> 00:28:41,800
Speaker 2: had eight hundred and fourteen jobs, over eighteen thousand people applied.

620
00:28:41,840 --> 00:28:43,680
Speaker 2: I would have thought that's good given the argument over

621
00:28:43,720 --> 00:28:45,000
Speaker 2: the police, and does anyone in one of the a

622
00:28:45,040 --> 00:28:48,200
Speaker 2: policemen eighteen thousand applications for eight hundred and fourteen jobs.

623
00:28:48,200 --> 00:28:52,840
Speaker 2: That's good. Corrections five hundred and eighteen jobs, fifty thousand applications, Now,

624
00:28:52,840 --> 00:28:55,440
Speaker 2: how do you explain that no one wants to work

625
00:28:55,440 --> 00:28:57,840
Speaker 2: at Corrections allegedly who wants to work at corrections, Well,

626
00:28:57,920 --> 00:29:01,320
Speaker 2: fifty thousand people that I wrung it ratio of seventeen

627
00:29:01,360 --> 00:29:04,920
Speaker 2: applications per job ad Ministry of Housing thirty eight per

628
00:29:04,960 --> 00:29:07,880
Speaker 2: ad sis one of the highest, seventy four. Everyone wants

629
00:29:07,920 --> 00:29:09,800
Speaker 2: to work for the sas say, don't they? You want

630
00:29:09,800 --> 00:29:11,160
Speaker 2: to apply for the job, get the job and find

631
00:29:11,160 --> 00:29:12,920
Speaker 2: out what really goes on. And once you find out

632
00:29:12,960 --> 00:29:14,760
Speaker 2: really what goes on, it's quite boring and then you

633
00:29:14,800 --> 00:29:18,280
Speaker 2: probably leave anyway, seventy four per AD. Where are all

634
00:29:18,320 --> 00:29:20,040
Speaker 2: these people applying for the jobs? Well, the answers of

635
00:29:20,120 --> 00:29:23,360
Speaker 2: course Wellington they were the only reagion with job ads

636
00:29:23,360 --> 00:29:25,600
Speaker 2: grew year on year according to the Sikh data back

637
00:29:25,640 --> 00:29:28,760
Speaker 2: in May. But here's my point. So just because you've

638
00:29:28,760 --> 00:29:30,400
Speaker 2: got a lot of people applying for the job, one

639
00:29:30,480 --> 00:29:32,880
Speaker 2: are they qualified. There's a thing in this country now

640
00:29:32,960 --> 00:29:35,400
Speaker 2: where everybody applies for everything, and that's why they will

641
00:29:35,440 --> 00:29:37,400
Speaker 2: get sucked into the news. And you see six million

642
00:29:37,400 --> 00:29:40,120
Speaker 2: people applied for a job in a supermarket. Some of

643
00:29:40,160 --> 00:29:42,719
Speaker 2: them will be qualified, most of them won't be. And

644
00:29:42,760 --> 00:29:44,680
Speaker 2: then that doesn't account for all the people in these

645
00:29:44,720 --> 00:29:47,960
Speaker 2: public service jobs who are the same people. So the

646
00:29:47,960 --> 00:29:50,800
Speaker 2: people who applied for orang A I rang A Tameriki,

647
00:29:50,840 --> 00:29:52,600
Speaker 2: applied for the police, applied for the creature. They just

648
00:29:52,640 --> 00:29:54,280
Speaker 2: want a job in the public service because they love

649
00:29:54,360 --> 00:29:57,640
Speaker 2: the public service. Best news of the morning is that

650
00:29:57,720 --> 00:29:59,480
Speaker 2: we're about to I pointed this out for the Prime

651
00:29:59,480 --> 00:30:01,480
Speaker 2: Minister on day and you seem surprised. We're about to

652
00:30:01,520 --> 00:30:02,640
Speaker 2: outgrow Australia.

653
00:30:03,000 --> 00:30:06,880
Speaker 1: We'll look at this next The Breakfast Show, Kiwi's Trust

654
00:30:06,920 --> 00:30:10,400
Speaker 1: to Stay in the Know, the Mic Asking, Breakfast with

655
00:30:10,680 --> 00:30:14,720
Speaker 1: A Veda, Retirement, Communities, Life Your Way News togs Head.

656
00:30:14,560 --> 00:30:16,880
Speaker 2: Be seven past seven, So if you're listening Monday, we

657
00:30:16,880 --> 00:30:18,680
Speaker 2: were talking to the Prime Minister about New Zealand art

658
00:30:18,720 --> 00:30:21,840
Speaker 2: growing Australia. If current forecasts are correct, if we're on

659
00:30:21,960 --> 00:30:25,640
Speaker 2: track for two point simpercent growth, we're outgrowing Australia.

660
00:30:25,840 --> 00:30:26,160
Speaker 10: Yep.

661
00:30:27,080 --> 00:30:28,800
Speaker 2: That seemed to come as some sort of surprise to

662
00:30:28,840 --> 00:30:30,240
Speaker 2: the Prime Minister. But we can back it up this

663
00:30:30,280 --> 00:30:32,560
Speaker 2: morning with a new report from Westpac confirms over the

664
00:30:32,600 --> 00:30:35,800
Speaker 2: next several years in fact, we should have a avergent

665
00:30:35,920 --> 00:30:38,520
Speaker 2: So if we outpace Australia on growth, does the brain

666
00:30:38,600 --> 00:30:41,120
Speaker 2: drain reverse? In good times? Roll in Stephen Joyce, former

667
00:30:41,160 --> 00:30:44,240
Speaker 2: Finance Minister of courses with a Stephen Morning to you, Morney,

668
00:30:44,280 --> 00:30:46,440
Speaker 2: Mike con do you well, thank you? Do you believe

669
00:30:46,480 --> 00:30:47,240
Speaker 2: it generally?

670
00:30:48,560 --> 00:30:50,719
Speaker 17: Yes? I do. I've had a look at the report

671
00:30:50,800 --> 00:30:53,240
Speaker 17: and look at the graphs. Actually, it's a really cool

672
00:30:53,320 --> 00:30:56,360
Speaker 17: report because it basically puts the two countries alongside each

673
00:30:56,360 --> 00:30:58,800
Speaker 17: other in a whole range of areas, and it tells

674
00:30:58,800 --> 00:31:02,320
Speaker 17: the story of basically the whole COVID period and after that.

675
00:31:02,640 --> 00:31:07,040
Speaker 17: And I think to summarize it roughly, we had worse

676
00:31:07,080 --> 00:31:12,800
Speaker 17: settings during and after the COVID thing from an economic perspective,

677
00:31:13,200 --> 00:31:18,640
Speaker 17: and we're getting more sensible policy settings now. The Australians

678
00:31:18,640 --> 00:31:21,840
Speaker 17: had a slightly better set of settings during the COVID period.

679
00:31:21,880 --> 00:31:24,960
Speaker 17: They weren't as they weren't as profligate on the fiscal side.

680
00:31:25,000 --> 00:31:28,600
Speaker 17: They didn't they didn't sort of have those huge quick

681
00:31:28,600 --> 00:31:33,960
Speaker 17: swings and interest rate policy that we had, and then

682
00:31:34,000 --> 00:31:36,200
Speaker 17: they did. They were doing worse since because I've now

683
00:31:36,280 --> 00:31:40,120
Speaker 17: opened up the fiscal floodgates and the net effect of

684
00:31:40,160 --> 00:31:42,120
Speaker 17: all that is that will come out of it now

685
00:31:42,360 --> 00:31:44,120
Speaker 17: quicker than them, but we're further behind.

686
00:31:44,360 --> 00:31:46,880
Speaker 2: Will we see it and feel it and break out funk?

687
00:31:48,360 --> 00:31:51,760
Speaker 17: I think we will. That's my read of it, I've

688
00:31:51,760 --> 00:31:56,760
Speaker 17: been early to the downturn. When people have asked me

689
00:31:56,920 --> 00:31:58,920
Speaker 17: go through all the COVID period, I was the sort

690
00:31:58,920 --> 00:32:01,680
Speaker 17: of the negative and probably on one of the first

691
00:32:01,800 --> 00:32:04,720
Speaker 17: positive people coming out the other side. In the sense

692
00:32:04,720 --> 00:32:07,680
Speaker 17: that I actually do think it's going to turn. It'll

693
00:32:07,720 --> 00:32:10,800
Speaker 17: be more like a traditional export lead recovery, and we

694
00:32:10,840 --> 00:32:13,120
Speaker 17: haven't had one of those for a while, so we're

695
00:32:13,160 --> 00:32:16,160
Speaker 17: not very familiar with it. But with an export lead recovery,

696
00:32:16,160 --> 00:32:19,600
Speaker 17: all contends to arrive last to the party, and we're

697
00:32:19,600 --> 00:32:23,240
Speaker 17: seeing that here and it's you know, at the moment,

698
00:32:23,240 --> 00:32:26,720
Speaker 17: it's a bit patchy everywhere else, but it's starting to come.

699
00:32:27,280 --> 00:32:30,560
Speaker 17: And I think property will be the last to arrive,

700
00:32:30,720 --> 00:32:34,680
Speaker 17: largely because we went so nuts during COVID with all

701
00:32:34,760 --> 00:32:38,240
Speaker 17: the stimulus that we put. Our property prices up forty percent,

702
00:32:38,280 --> 00:32:40,720
Speaker 17: and Australians only went up thirty percent, which was bad enough.

703
00:32:41,200 --> 00:32:43,160
Speaker 17: So you know, we've got that hangover to deal with.

704
00:32:43,200 --> 00:32:45,800
Speaker 2: Still, Do people take that into account when you talk

705
00:32:45,840 --> 00:32:47,560
Speaker 2: about things like a brain drain? Do people go to

706
00:32:47,600 --> 00:32:49,680
Speaker 2: Australia because they go look at the economy, and I mean,

707
00:32:49,680 --> 00:32:51,320
Speaker 2: I can cite you a million things with the Australian

708
00:32:51,360 --> 00:32:53,240
Speaker 2: economy that are miserable, like the cost of a house

709
00:32:53,520 --> 00:32:55,360
Speaker 2: and the cost of gross reason all the other problems

710
00:32:55,360 --> 00:32:57,320
Speaker 2: they've got. But do people actually think about that or

711
00:32:57,360 --> 00:32:59,400
Speaker 2: it's just it's a vibe.

712
00:33:00,080 --> 00:33:01,760
Speaker 17: It's sort of a vibe, but it's always based in

713
00:33:01,840 --> 00:33:05,560
Speaker 17: something right. So we had a similar sort of experience

714
00:33:06,040 --> 00:33:09,080
Speaker 17: when I was in government when we met the Cannibal

715
00:33:09,120 --> 00:33:11,520
Speaker 17: earthquakes and a lot of people, particularly from the southild

716
00:33:11,600 --> 00:33:14,800
Speaker 17: left after the Cannibal earthquakes. We had very bad immigration

717
00:33:14,880 --> 00:33:17,880
Speaker 17: statistics and then the economy came right and actually came

718
00:33:17,920 --> 00:33:19,800
Speaker 17: better than the Australian kind of me. And yes, people

719
00:33:19,840 --> 00:33:21,440
Speaker 17: started to come home. It took a little while for

720
00:33:21,440 --> 00:33:23,720
Speaker 17: it to happen and they stayed ago. Actually it's better

721
00:33:23,760 --> 00:33:26,680
Speaker 17: at home. And I remember going over there and doing

722
00:33:26,720 --> 00:33:31,800
Speaker 17: those job expose we did and to encourage people to

723
00:33:31,840 --> 00:33:35,440
Speaker 17: come back from Australia because we needed them, and the

724
00:33:35,440 --> 00:33:38,720
Speaker 17: Australian media was really confused. It was like why would

725
00:33:38,760 --> 00:33:42,360
Speaker 17: you why would people move to New Zealand And that

726
00:33:42,440 --> 00:33:44,320
Speaker 17: was the early stages of that, But over time it

727
00:33:44,360 --> 00:33:47,200
Speaker 17: happened and I think we were heading into a similar period.

728
00:33:47,240 --> 00:33:49,920
Speaker 2: Now, politics of it all makes for interesting reading, doesn't it.

729
00:33:49,920 --> 00:33:52,040
Speaker 2: I mean, this time's nicely for an election year.

730
00:33:53,160 --> 00:33:56,800
Speaker 17: Well I could do. Whether it comes in time to

731
00:33:58,600 --> 00:34:01,840
Speaker 17: help the government more the normal or less the normal,

732
00:34:01,880 --> 00:34:05,840
Speaker 17: that'll be the test really. I mean it's the public

733
00:34:05,840 --> 00:34:08,680
Speaker 17: all were looking for proof that things are working. And

734
00:34:08,719 --> 00:34:12,120
Speaker 17: it has been a really long, really tough recession for

735
00:34:12,600 --> 00:34:15,359
Speaker 17: going back three or four years now, so it has

736
00:34:15,480 --> 00:34:18,080
Speaker 17: been really difficult. So everybody will be a bit cynical.

737
00:34:18,080 --> 00:34:21,120
Speaker 17: And you can see that whenever there's a green tinge

738
00:34:21,160 --> 00:34:23,959
Speaker 17: on the economy, well that's going to go bad again.

739
00:34:24,080 --> 00:34:29,719
Speaker 17: And it did happen this year because the US tariffs

740
00:34:29,800 --> 00:34:32,520
Speaker 17: really snuffed out the sort of recovery. And of course

741
00:34:32,520 --> 00:34:36,800
Speaker 17: he President Trump hangs over the world economy again now

742
00:34:37,440 --> 00:34:39,880
Speaker 17: with his behavior with the Federal Reserve. So that's the

743
00:34:39,920 --> 00:34:43,400
Speaker 17: wild card in all of this is do we actually

744
00:34:43,440 --> 00:34:47,080
Speaker 17: get sufficiently settled economic conditions that our recovery really does

745
00:34:47,120 --> 00:34:47,560
Speaker 17: take hold?

746
00:34:47,680 --> 00:34:49,880
Speaker 2: Good stuff. Appreciate your times almost Stephen Joyce, Form of

747
00:34:49,880 --> 00:34:53,200
Speaker 2: Finance Minister of course, eleven minutes past seven, speaking of

748
00:34:53,200 --> 00:34:56,719
Speaker 2: bullet hot sector, horticulture sector. A new roadmap goal is

749
00:34:56,760 --> 00:34:59,640
Speaker 2: to double farm gate returns by twenty thirty five. Policy

750
00:34:59,640 --> 00:35:01,799
Speaker 2: work for labor and exports. The future proofing of the

751
00:35:01,800 --> 00:35:04,240
Speaker 2: industry basically is what we're looking at here. Kate Scott

752
00:35:04,520 --> 00:35:06,360
Speaker 2: is Hot New Zealand's chief executive and is with us.

753
00:35:06,400 --> 00:35:07,960
Speaker 17: Good morning, I'm morning to you too.

754
00:35:08,040 --> 00:35:10,320
Speaker 2: Make have you got buy in from all the growers

755
00:35:10,320 --> 00:35:11,560
Speaker 2: and the farmers and the workers.

756
00:35:12,560 --> 00:35:15,240
Speaker 18: Look, that's a great question. I worked the early phases

757
00:35:15,280 --> 00:35:19,160
Speaker 18: of talking about implementation of our Art Era of Horticultural

758
00:35:19,200 --> 00:35:21,520
Speaker 18: Action Plan. So a lot of the work that the

759
00:35:21,560 --> 00:35:24,000
Speaker 18: team are doing is going out to share what those

760
00:35:24,040 --> 00:35:27,279
Speaker 18: priorities are, what the outcomes that we're seeking are, and

761
00:35:27,400 --> 00:35:30,120
Speaker 18: trying to actually create the opportunity for them to contribute

762
00:35:30,120 --> 00:35:30,279
Speaker 18: to it.

763
00:35:30,480 --> 00:35:33,080
Speaker 2: Because the diversity of the sector is quite something. I mean,

764
00:35:33,120 --> 00:35:35,160
Speaker 2: we can talk about kiwi fruit and go who they're

765
00:35:35,200 --> 00:35:36,920
Speaker 2: going well, but I mean there's a lot of stuff

766
00:35:36,960 --> 00:35:38,799
Speaker 2: grown in this country and it's a lot you know,

767
00:35:39,120 --> 00:35:40,960
Speaker 2: everyone's got their own story, haven't they. How do you

768
00:35:41,000 --> 00:35:42,000
Speaker 2: bring all that together?

769
00:35:42,640 --> 00:35:45,400
Speaker 18: Look, that's part of both the challenge and the opportunity

770
00:35:45,400 --> 00:35:48,960
Speaker 18: for the horticulture sector. From being honest, I think you know,

771
00:35:49,000 --> 00:35:51,239
Speaker 18: we have over one hundred and three different types of

772
00:35:51,239 --> 00:35:54,719
Speaker 18: crops that are growing and they are very diversal. Whether

773
00:35:54,719 --> 00:35:56,520
Speaker 18: you grow them in Northoland or all the way down

774
00:35:56,560 --> 00:35:59,520
Speaker 18: in Southland, and look, each of our crops are at

775
00:35:59,600 --> 00:36:02,960
Speaker 18: different spaces on their journey when it comes to you know,

776
00:36:03,160 --> 00:36:06,560
Speaker 18: how do they meet the market? Are they domesticly focused

777
00:36:06,600 --> 00:36:08,799
Speaker 18: in terms of their crops? Are they export focused? So

778
00:36:09,320 --> 00:36:11,600
Speaker 18: I guess that that is the complexity, But that's also

779
00:36:11,640 --> 00:36:15,960
Speaker 18: the value that having a really broad and ambitious goal

780
00:36:16,120 --> 00:36:19,360
Speaker 18: around you know, doubling the farm gate value of horticulture brands.

781
00:36:19,400 --> 00:36:21,160
Speaker 18: That gives a sense of purpose to our sector.

782
00:36:21,320 --> 00:36:24,160
Speaker 2: Yeah, you talk about research providers, what role does research

783
00:36:24,239 --> 00:36:26,439
Speaker 2: science stuff we haven't thought about play in the next

784
00:36:26,440 --> 00:36:27,800
Speaker 2: ten years? Do you reckon?

785
00:36:28,520 --> 00:36:31,760
Speaker 18: Look? In my view, you know, the success of the

786
00:36:31,760 --> 00:36:34,440
Speaker 18: culture sector today has actually been underpinned by a lot

787
00:36:34,440 --> 00:36:36,200
Speaker 18: of the science work that's already been done. If you

788
00:36:36,239 --> 00:36:39,440
Speaker 18: look at every fruit, if you look at apples in particular,

789
00:36:40,000 --> 00:36:41,839
Speaker 18: there's been a huge amount of work that's been done

790
00:36:41,880 --> 00:36:44,120
Speaker 18: in terms of those what we call PBRs for those

791
00:36:44,160 --> 00:36:47,680
Speaker 18: plant variety rights and the ability to actually then create

792
00:36:47,760 --> 00:36:52,440
Speaker 18: brands off the back of those exceptional breeds of fruit

793
00:36:52,640 --> 00:36:56,239
Speaker 18: and cultivars of fruit is actually the value. And so

794
00:36:56,320 --> 00:36:59,000
Speaker 18: how do we continue to focus on that science as

795
00:36:59,040 --> 00:37:02,640
Speaker 18: you well know, is a space that is changing frequently,

796
00:37:02,719 --> 00:37:05,360
Speaker 18: and I think the role of technology will continue to

797
00:37:05,440 --> 00:37:07,560
Speaker 18: have an important role in horticulture as well.

798
00:37:07,800 --> 00:37:10,400
Speaker 2: The government, is it trade deals and market access? Is

799
00:37:10,480 --> 00:37:11,320
Speaker 2: that what we need them for?

800
00:37:12,160 --> 00:37:14,320
Speaker 18: Look, I think that's an element of it. But we

801
00:37:14,480 --> 00:37:18,240
Speaker 18: also need to make sure that we're working alongside government

802
00:37:18,320 --> 00:37:21,480
Speaker 18: because a lot of the other regulatory and policy settings

803
00:37:21,520 --> 00:37:25,120
Speaker 18: also underpin the success of the sector, that's for sure.

804
00:37:25,480 --> 00:37:28,440
Speaker 2: Okay, do you ever say enough singular voice? So Zesper

805
00:37:28,560 --> 00:37:30,480
Speaker 2: is a good example? Is there enough when you talk

806
00:37:30,520 --> 00:37:33,640
Speaker 2: of hot in general, enough singular voice in the global

807
00:37:33,760 --> 00:37:36,120
Speaker 2: market to go? This is from New Zealand as opposed

808
00:37:36,120 --> 00:37:39,000
Speaker 2: to Brian, Bruce and Sharon who grow all these vegetables.

809
00:37:39,640 --> 00:37:39,799
Speaker 3: Yeah.

810
00:37:39,840 --> 00:37:42,120
Speaker 18: Look, I think Desper is a great example within our

811
00:37:42,200 --> 00:37:46,399
Speaker 18: sector in terms of the marketing of kiwifruits to the world.

812
00:37:47,239 --> 00:37:49,120
Speaker 18: We've then got in these Zealand apple and pears do

813
00:37:49,200 --> 00:37:52,680
Speaker 18: the same on behalf of the apple pear growers. But look,

814
00:37:52,719 --> 00:37:54,880
Speaker 18: that is something that the sector is continually working on.

815
00:37:55,000 --> 00:37:57,200
Speaker 18: How do we continue to collaborate so that we can

816
00:37:57,360 --> 00:38:01,600
Speaker 18: have some really clear and collective message being about how

817
00:38:01,640 --> 00:38:04,120
Speaker 18: amazing that the fruit and vegetable basket of New Zealand extion.

818
00:38:04,239 --> 00:38:06,399
Speaker 2: Well, good luck with it, Kate appreciated. Catch Scott Hort,

819
00:38:06,440 --> 00:38:09,000
Speaker 2: New Zealand Chief Executive. New fairy idea for you in

820
00:38:09,040 --> 00:38:10,480
Speaker 2: a couple of moments, and then we'll talk to the

821
00:38:10,560 --> 00:38:13,320
Speaker 2: Ministry of Immigration about these new Bees's fifteen past.

822
00:38:14,520 --> 00:38:18,920
Speaker 1: The mic Asking Breakfast Full show podcast on iHeartRadio. Howard

823
00:38:18,960 --> 00:38:19,960
Speaker 1: By News talks that be.

824
00:38:20,760 --> 00:38:23,000
Speaker 2: Very interesting housing data this morning. In fact, two lots

825
00:38:23,000 --> 00:38:25,120
Speaker 2: of housing data come to later on in the hour

826
00:38:25,200 --> 00:38:27,239
Speaker 2: if I get time. Seventeen past seven. New idea to

827
00:38:27,280 --> 00:38:29,040
Speaker 2: link the North and South Islands. We've got to pitch

828
00:38:29,080 --> 00:38:31,200
Speaker 2: for a two hour fairy link. A new port built

829
00:38:31,200 --> 00:38:34,440
Speaker 2: at clifford By, Remember clifford By near Blenheim, multi used terminal,

830
00:38:34,480 --> 00:38:37,719
Speaker 2: no speed restrictions, boosted logistics and productivity. Doctor Stephen Gris

831
00:38:37,840 --> 00:38:40,719
Speaker 2: as the spokesperson for seabee Port Limited and is with

832
00:38:40,840 --> 00:38:41,280
Speaker 2: AU Stephen.

833
00:38:41,320 --> 00:38:44,000
Speaker 17: Morning morning, Mike, good to be with you.

834
00:38:44,239 --> 00:38:46,120
Speaker 2: How much government, how much private.

835
00:38:47,640 --> 00:38:51,040
Speaker 19: We can fully finance us privately, but we're agnostic to

836
00:38:51,440 --> 00:38:56,400
Speaker 19: what the final capital contributions from the crowd would be. Obviously,

837
00:38:56,640 --> 00:38:59,799
Speaker 19: if the crowd wants to make capital contributions to see

838
00:39:00,120 --> 00:39:03,000
Speaker 19: it's requirement's met. We're open to that conversation.

839
00:39:03,120 --> 00:39:04,960
Speaker 2: What sort of ships and what are you moving people?

840
00:39:05,040 --> 00:39:08,200
Speaker 2: And cheap and rail and what everything?

841
00:39:09,280 --> 00:39:12,200
Speaker 19: All of the freight that currently goes between the cockstrait.

842
00:39:12,239 --> 00:39:16,120
Speaker 19: We're just going to make it faster and with higher

843
00:39:16,200 --> 00:39:21,000
Speaker 19: service levels because the ships can probably operate three return

844
00:39:21,480 --> 00:39:22,719
Speaker 19: sailings a day instead of two.

845
00:39:23,000 --> 00:39:25,480
Speaker 2: So this is directly taking on into island.

846
00:39:27,200 --> 00:39:30,680
Speaker 19: No, no anything, but we see in island there is

847
00:39:33,239 --> 00:39:36,439
Speaker 19: potentially a foundation customer in what way?

848
00:39:36,640 --> 00:39:38,640
Speaker 2: So what are you telling me? I'm standing at Wellington,

849
00:39:38,640 --> 00:39:40,040
Speaker 2: I've got a ticket. I can buy a ticket on

850
00:39:40,120 --> 00:39:42,080
Speaker 2: your ship ring and buy a ticket on the Intero islander.

851
00:39:42,120 --> 00:39:43,040
Speaker 2: How's that not competition?

852
00:39:45,239 --> 00:39:47,759
Speaker 19: It is competition. We're an open axious port, so we're

853
00:39:47,840 --> 00:39:50,200
Speaker 19: open to all ferry operators to be able to operate

854
00:39:50,239 --> 00:39:53,239
Speaker 19: out of our port. So we were not in discriminatory.

855
00:39:54,360 --> 00:39:57,080
Speaker 19: You know, we obviously need customers, but we see Kiwi

856
00:39:57,200 --> 00:39:59,400
Speaker 19: Rail particularly as a foundation customer.

857
00:39:59,400 --> 00:40:01,600
Speaker 2: You reckon they would because we've been here before, those

858
00:40:01,640 --> 00:40:03,320
Speaker 2: of us have been around, while Clifford Bay is not

859
00:40:03,400 --> 00:40:05,080
Speaker 2: new in this. I mean we've looked at Clifford Bay

860
00:40:05,120 --> 00:40:07,399
Speaker 2: and they, rightly or wrongly, are not going there.

861
00:40:08,640 --> 00:40:09,359
Speaker 10: We know they would.

862
00:40:10,600 --> 00:40:16,960
Speaker 19: We've had discussions. We haven't had any commercially finalized discussions,

863
00:40:17,040 --> 00:40:20,680
Speaker 19: but our early discussions with them, as the port existed.

864
00:40:20,360 --> 00:40:21,000
Speaker 17: They would be there.

865
00:40:21,200 --> 00:40:22,200
Speaker 2: What's the timeframe?

866
00:40:23,680 --> 00:40:26,280
Speaker 19: We can have this port up and running by twenty

867
00:40:26,360 --> 00:40:28,800
Speaker 19: twenty nine. In fact, we think we'll be ahead. It

868
00:40:28,880 --> 00:40:31,440
Speaker 19: could even be potentially ahead of that because we're bringing

869
00:40:31,480 --> 00:40:35,839
Speaker 19: new engineering and capabilities that we can construct this port

870
00:40:35,880 --> 00:40:40,000
Speaker 19: with a floating dwarfs that can be designed and built

871
00:40:40,360 --> 00:40:43,640
Speaker 19: overseas and be operational in New Zealand by twenty twenty seven.

872
00:40:43,760 --> 00:40:44,600
Speaker 2: Cruise ships.

873
00:40:46,640 --> 00:40:50,680
Speaker 19: Not the intention, but it's not out of the It's

874
00:40:50,719 --> 00:40:52,640
Speaker 19: not out of the realms of possibility, but we see

875
00:40:52,719 --> 00:40:57,160
Speaker 19: cruise ships more being the realm of PACTAM because of

876
00:40:57,320 --> 00:41:02,520
Speaker 19: the natural environment and would make maxim the future of

877
00:41:03,160 --> 00:41:06,160
Speaker 19: the environment, incology and tourism in that area.

878
00:41:06,320 --> 00:41:07,880
Speaker 2: Okay, well, I wish you the best with it, Stephen,

879
00:41:08,120 --> 00:41:11,439
Speaker 2: Doctor Stephen Grisse see be port limited? See where that goes?

880
00:41:11,800 --> 00:41:13,320
Speaker 2: Four year term? What do you reckon? More in a

881
00:41:13,360 --> 00:41:14,440
Speaker 2: moment seven twenty.

882
00:41:16,080 --> 00:41:20,240
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00:42:13,239 --> 00:42:16,520
Speaker 2: day asking now seven twenty four. The timing I would

904
00:42:16,560 --> 00:42:19,000
Speaker 2: have thought could not be more orkies. I mean, if

905
00:42:19,000 --> 00:42:21,760
Speaker 2: you broadly accept that the current narrative that this government

906
00:42:21,840 --> 00:42:23,279
Speaker 2: is working awfully hard to get us out of the

907
00:42:23,320 --> 00:42:26,040
Speaker 2: massive economic hole left to it by the previous government,

908
00:42:26,640 --> 00:42:29,440
Speaker 2: and if you accept that that previous government was one

909
00:42:29,480 --> 00:42:31,760
Speaker 2: of the worst in living memory, if not any memory,

910
00:42:32,040 --> 00:42:35,040
Speaker 2: then just imagine where we would be if that hopeless

911
00:42:35,080 --> 00:42:38,160
Speaker 2: lot of twenty through twenty twenty three had actually been

912
00:42:38,239 --> 00:42:40,799
Speaker 2: rampaging across the countryside until last year because they'd had

913
00:42:40,840 --> 00:42:44,520
Speaker 2: a four year term. And surely it's that cold, present,

914
00:42:44,640 --> 00:42:47,600
Speaker 2: still throbbing reality that prevents the discussion on a four

915
00:42:47,680 --> 00:42:49,400
Speaker 2: year term going much further. I mean, a lot of

916
00:42:49,440 --> 00:42:51,920
Speaker 2: politicians seem to want one, and who can blame them.

917
00:42:51,920 --> 00:42:54,120
Speaker 2: There's a logic to what they argue. I mean, year one,

918
00:42:54,160 --> 00:42:56,920
Speaker 2: you arrive at your office, introduce yourself to everybody, put

919
00:42:56,920 --> 00:42:59,120
Speaker 2: a few press releases out and start the spade work.

920
00:42:59,400 --> 00:43:01,600
Speaker 2: Year two break because year three is written off in

921
00:43:01,640 --> 00:43:06,440
Speaker 2: campaign mode. But as Britain is discovering, five years is

922
00:43:06,480 --> 00:43:08,600
Speaker 2: an awfully long time. And until they change the law

923
00:43:08,640 --> 00:43:11,320
Speaker 2: about calling early elections, they got into this nasty habit

924
00:43:11,400 --> 00:43:15,080
Speaker 2: of calling early elections because five years tended to exhaust

925
00:43:15,120 --> 00:43:17,799
Speaker 2: them and various calamities would present themselves with the only

926
00:43:17,840 --> 00:43:20,759
Speaker 2: exit strategy being a vote. So, following the logic, three

927
00:43:20,920 --> 00:43:24,440
Speaker 2: isn't enough, five is too long, so four is goldilocks

928
00:43:24,600 --> 00:43:27,200
Speaker 2: or is it I mean? David Seymour, fan of four,

929
00:43:27,719 --> 00:43:29,960
Speaker 2: argued the most countries have longer terms, that there are

930
00:43:30,080 --> 00:43:33,040
Speaker 2: very few countries with three years. Well, there's also very

931
00:43:33,080 --> 00:43:35,439
Speaker 2: few countries that balance their budgets or pay down debts,

932
00:43:35,440 --> 00:43:38,160
Speaker 2: so it doesn't make it good. What is good is

933
00:43:38,280 --> 00:43:40,799
Speaker 2: his admission that the jury manned shambles he offered up

934
00:43:40,800 --> 00:43:42,880
Speaker 2: as a twist on an extended term with committees and

935
00:43:42,920 --> 00:43:45,359
Speaker 2: numbers will never see the light of day. It's taken

936
00:43:45,400 --> 00:43:47,440
Speaker 2: as twenty five years for goodness sake to get our

937
00:43:47,480 --> 00:43:51,120
Speaker 2: head around MMP. The Seymour version of an extended term,

938
00:43:51,239 --> 00:43:53,680
Speaker 2: if you ever read it, it's got a half life

939
00:43:53,719 --> 00:43:55,960
Speaker 2: of eight million years. You had a headache by the

940
00:43:56,040 --> 00:43:58,759
Speaker 2: end of it anyway, So four or not, my gut says,

941
00:43:58,800 --> 00:44:01,400
Speaker 2: will probably go there. It'll thing change is coming, but

942
00:44:01,600 --> 00:44:06,680
Speaker 2: small warning time isn't the issue. Quality is time doesn't

943
00:44:06,680 --> 00:44:10,600
Speaker 2: bring talent or skill, or insight or dedication. Professionalism or success.

944
00:44:11,239 --> 00:44:14,120
Speaker 2: It just brings time. The rest is what we should

945
00:44:14,160 --> 00:44:15,919
Speaker 2: be way more concerned about.

946
00:44:16,840 --> 00:44:17,200
Speaker 1: Husky.

947
00:44:17,360 --> 00:44:19,560
Speaker 2: Well, the first time I can reveal Auckland Transport. I've

948
00:44:19,560 --> 00:44:21,480
Speaker 2: had a shocking week. They lost in court the other day.

949
00:44:21,520 --> 00:44:24,360
Speaker 2: This legal student we told you about yesterday took the

950
00:44:24,440 --> 00:44:25,880
Speaker 2: court out of the speed bumps, so they lost that.

951
00:44:26,600 --> 00:44:29,719
Speaker 2: And after law changes, they have to report on how

952
00:44:29,760 --> 00:44:31,359
Speaker 2: much money they spend on road cones. And we can

953
00:44:31,400 --> 00:44:33,040
Speaker 2: tell you this morning this for the rest of the country,

954
00:44:33,080 --> 00:44:35,480
Speaker 2: so you can laugh at Auckland yet again. Sixty three

955
00:44:35,520 --> 00:44:38,920
Speaker 2: point two million dollars. Sixty three point two million dollars

956
00:44:38,960 --> 00:44:41,719
Speaker 2: on road cones, As the mayor says this morning, it's

957
00:44:41,760 --> 00:44:43,840
Speaker 2: beyond a joke. No kidding, mind you. He hasn't fixed it,

958
00:44:43,920 --> 00:44:46,279
Speaker 2: has he. He says. I've told them and no uncertain terms,

959
00:44:46,360 --> 00:44:47,839
Speaker 2: not to do it, but they don't listen because they're

960
00:44:47,840 --> 00:44:51,000
Speaker 2: so far up themselves. Sixty million dollars, says Wayne Brown,

961
00:44:51,400 --> 00:44:53,400
Speaker 2: is the equivalent of a rates rise of three percent.

962
00:44:54,200 --> 00:44:57,520
Speaker 2: Three percent. That's Aukland Transport for you. Let me, before

963
00:44:57,560 --> 00:45:00,600
Speaker 2: I go to the news, offer you better news. Event

964
00:45:00,719 --> 00:45:04,440
Speaker 2: Finder has been sold a ticket Tick had bought them.

965
00:45:05,239 --> 00:45:07,279
Speaker 2: It's going to expand. It's going to be brilliant. Event

966
00:45:07,320 --> 00:45:09,520
Speaker 2: Finder was founded in two thousand and six. Online events

967
00:45:09,560 --> 00:45:12,359
Speaker 2: calendar grew a little bit, but Ticketek saw that and thought,

968
00:45:12,440 --> 00:45:14,160
Speaker 2: I know we'll have a bit of event Finder start

969
00:45:14,200 --> 00:45:17,040
Speaker 2: a win win for both companies, and your experience at

970
00:45:17,080 --> 00:45:19,440
Speaker 2: concerts and shows and events all over the place is

971
00:45:19,480 --> 00:45:22,000
Speaker 2: going to material improve as a result of that acquisition,

972
00:45:23,880 --> 00:45:24,640
Speaker 2: or so they say.

973
00:45:25,000 --> 00:45:25,040
Speaker 16: So.

974
00:45:25,400 --> 00:45:30,080
Speaker 2: Immigration visas, more people coming into the country. We into

975
00:45:30,120 --> 00:45:32,480
Speaker 2: the bit of this. The Minister of Immigration, Erica Stanford

976
00:45:32,560 --> 00:45:34,840
Speaker 2: in the studio after the News, which is next.

977
00:45:35,440 --> 00:45:39,520
Speaker 1: Your source of freaking news, challenging opinion and honored facts.

978
00:45:39,800 --> 00:45:44,040
Speaker 1: The Mike Hosking Breakfast with Range Rover Leading by example

979
00:45:44,160 --> 00:45:44,960
Speaker 1: News togs V.

980
00:45:45,239 --> 00:45:47,640
Speaker 2: Twenty three minutes away from right More visa movement. We

981
00:45:47,719 --> 00:45:50,040
Speaker 2: talked about the tax treatment earlier on in the program.

982
00:45:50,120 --> 00:45:52,800
Speaker 2: So two new visas are pathway to residency for business

983
00:45:52,840 --> 00:45:55,799
Speaker 2: migrants ready to invest cash. One million dollar investment into

984
00:45:55,800 --> 00:45:58,600
Speaker 2: an existing business gives you a three year work to

985
00:45:58,680 --> 00:46:01,120
Speaker 2: residence pathway, while two and then allows for a twelve

986
00:46:01,200 --> 00:46:03,600
Speaker 2: month fast tracking. Erica Stamford is of course the Minister

987
00:46:03,680 --> 00:46:05,440
Speaker 2: of Immigration and as well as very good morning to

988
00:46:05,480 --> 00:46:08,200
Speaker 2: you mate. Somebody asked the question. I thought it wasn't.

989
00:46:08,760 --> 00:46:12,600
Speaker 2: It wasn't an unfair question. Is there a noticeable difference

990
00:46:12,680 --> 00:46:14,960
Speaker 2: between one and two million and the five and ten

991
00:46:15,040 --> 00:46:17,120
Speaker 2: for golden So in other words, you're dealing with completely

992
00:46:17,200 --> 00:46:18,279
Speaker 2: different people we.

993
00:46:18,360 --> 00:46:22,120
Speaker 20: Are, and I was always very cautious about not cannibalizing

994
00:46:22,280 --> 00:46:24,879
Speaker 20: the active Investor plus visa, which is going very well.

995
00:46:25,320 --> 00:46:28,160
Speaker 20: This is more about people who have got business experience

996
00:46:28,200 --> 00:46:30,880
Speaker 20: of running businesses. We will check that investing in a

997
00:46:30,920 --> 00:46:33,360
Speaker 20: business that they have to be here at least one

998
00:46:33,440 --> 00:46:35,040
Speaker 20: hundred and eighty four days a year, be a tax

999
00:46:35,120 --> 00:46:38,879
Speaker 20: resident and actively run the business. They have to speak

1000
00:46:38,880 --> 00:46:41,560
Speaker 20: be able to speak English, there's an age limit, whereas

1001
00:46:41,600 --> 00:46:45,120
Speaker 20: the Active Investor Plus is more about their capital and

1002
00:46:45,280 --> 00:46:48,359
Speaker 20: their business connections and they only have to speak spend

1003
00:46:48,440 --> 00:46:50,400
Speaker 20: a week a year here in order to get their residents.

1004
00:46:50,400 --> 00:46:51,280
Speaker 20: Are very very different.

1005
00:46:51,760 --> 00:46:53,839
Speaker 2: How much of a regime is in place to make

1006
00:46:53,880 --> 00:46:56,680
Speaker 2: sure the money arrives, the money stays, that they are there,

1007
00:46:56,760 --> 00:46:58,759
Speaker 2: they do speak English, and they are doing what they

1008
00:46:58,840 --> 00:47:00,160
Speaker 2: said they would do well.

1009
00:47:00,200 --> 00:47:02,759
Speaker 20: We're very stripped upfront and that we make sure that

1010
00:47:02,800 --> 00:47:04,879
Speaker 20: we stick all those things off. But then we check

1011
00:47:04,920 --> 00:47:07,040
Speaker 20: in along the way, and we certainly check in a

1012
00:47:07,080 --> 00:47:08,880
Speaker 20: big check in at the three year mark to make

1013
00:47:08,920 --> 00:47:11,719
Speaker 20: sure the business is solvent, that you're still employing the

1014
00:47:11,760 --> 00:47:14,480
Speaker 20: people were that you said you would, that you've created

1015
00:47:14,520 --> 00:47:17,840
Speaker 20: the extra job, and that you've complied with all the

1016
00:47:17,880 --> 00:47:20,120
Speaker 20: other conditions of your visa before we would offer you

1017
00:47:20,239 --> 00:47:20,840
Speaker 20: your residence.

1018
00:47:20,920 --> 00:47:22,960
Speaker 2: Okay, so what about the do you bring the family

1019
00:47:23,040 --> 00:47:24,960
Speaker 2: in as well that wider family.

1020
00:47:25,239 --> 00:47:27,840
Speaker 20: Yes, you can bring you well your immediate family with

1021
00:47:27,960 --> 00:47:30,400
Speaker 20: you for this visa, and then they would be granted

1022
00:47:30,440 --> 00:47:32,759
Speaker 20: residents along with you. We're not talking huge numbers. This

1023
00:47:32,880 --> 00:47:36,520
Speaker 20: is not like an OPRAH style everyone gets a visa,

1024
00:47:36,560 --> 00:47:38,520
Speaker 20: as I think you mentioned this morning. I mean we're

1025
00:47:38,560 --> 00:47:42,000
Speaker 20: thinking probably in the first year between of one hundred

1026
00:47:42,000 --> 00:47:44,920
Speaker 20: and one hundred and fifty potentially people who would come

1027
00:47:44,960 --> 00:47:46,000
Speaker 20: in under the Do.

1028
00:47:46,080 --> 00:47:49,880
Speaker 2: You have any genuine sense of what's the balance between

1029
00:47:50,440 --> 00:47:53,759
Speaker 2: entry point I million dollars versus demand to come to

1030
00:47:53,840 --> 00:47:56,719
Speaker 2: the country anyway, no matter what rules you made. In

1031
00:47:56,800 --> 00:47:57,880
Speaker 2: other words, we're attractive.

1032
00:47:58,760 --> 00:48:01,000
Speaker 20: We are very attractive. And that because we can see

1033
00:48:01,000 --> 00:48:03,040
Speaker 20: from the active investor plus visa, where I thought we'd

1034
00:48:03,080 --> 00:48:06,040
Speaker 20: get two hundred applications in the first year, we blitzed

1035
00:48:06,080 --> 00:48:08,799
Speaker 20: that in the first six weeks. I think, so there

1036
00:48:08,880 --> 00:48:11,960
Speaker 20: is huge demand. This one is This one will depend

1037
00:48:12,080 --> 00:48:13,880
Speaker 20: on the businesses that are for sale. So if you

1038
00:48:13,920 --> 00:48:16,720
Speaker 20: look at the moment businesses for sale over that amount,

1039
00:48:16,840 --> 00:48:19,040
Speaker 20: there's about one hundred and eighty five. But it may

1040
00:48:19,120 --> 00:48:20,879
Speaker 20: well be that there will be more for sale once

1041
00:48:20,920 --> 00:48:23,560
Speaker 20: we are able to open up this pool of people

1042
00:48:23,600 --> 00:48:25,280
Speaker 20: who are from capital to buy businesses.

1043
00:48:25,640 --> 00:48:28,160
Speaker 2: Do you limit the bit? Is it all bubble tea?

1044
00:48:29,239 --> 00:48:31,440
Speaker 20: No, we will be really careful.

1045
00:48:31,640 --> 00:48:32,120
Speaker 1: Bubble tea.

1046
00:48:32,160 --> 00:48:33,000
Speaker 20: Nothing wrong with bubble teen.

1047
00:48:33,040 --> 00:48:35,239
Speaker 2: There's nothing wrong with the bubble tea. But I see

1048
00:48:35,280 --> 00:48:37,080
Speaker 2: a lot of bubble tea, and I just wonder how

1049
00:48:37,160 --> 00:48:40,359
Speaker 2: much cash is being fun launded through that look.

1050
00:48:40,560 --> 00:48:43,680
Speaker 20: And that's the reason that this is a third iteration

1051
00:48:43,800 --> 00:48:45,920
Speaker 20: of a very similar visa. The first iteration was a

1052
00:48:45,960 --> 00:48:47,800
Speaker 20: long term business visa, and people were coming in and

1053
00:48:47,920 --> 00:48:50,600
Speaker 20: buying and then recycling two dollar shops. So we're being

1054
00:48:50,719 --> 00:48:53,680
Speaker 20: very careful and that we are limiting what you can purchase,

1055
00:48:53,719 --> 00:48:57,319
Speaker 20: so adult entertainment, convenience stores, discount stores, drop shipping fast

1056
00:48:57,360 --> 00:49:00,239
Speaker 20: food out. It's franchise is gambling. You won't be able

1057
00:49:00,280 --> 00:49:00,680
Speaker 20: to use for this.

1058
00:49:00,760 --> 00:49:04,359
Speaker 2: VEX those are clean, clear categories. It's not the what's

1059
00:49:04,400 --> 00:49:08,360
Speaker 2: a supermarket? What's a dairy line? And everyone argues about it.

1060
00:49:08,760 --> 00:49:10,360
Speaker 20: No, they'll be clear, clear, Okay.

1061
00:49:11,560 --> 00:49:13,440
Speaker 2: And don't get me wrong, because I'm a big fan

1062
00:49:13,480 --> 00:49:15,839
Speaker 2: of immigration and we need more of it. But there

1063
00:49:15,920 --> 00:49:19,200
Speaker 2: is a India, Philippines, Fiji vibe about what's going on,

1064
00:49:19,280 --> 00:49:21,880
Speaker 2: particularly in a place like Auckland, maybe a little bit

1065
00:49:21,920 --> 00:49:23,760
Speaker 2: of China and there as well. Are they all coming

1066
00:49:24,040 --> 00:49:25,160
Speaker 2: from the same place.

1067
00:49:26,320 --> 00:49:30,040
Speaker 20: Well, obviously we don't discriminate in immigration if you know

1068
00:49:30,200 --> 00:49:31,200
Speaker 20: the skills that people in.

1069
00:49:31,239 --> 00:49:34,640
Speaker 2: New Zealand do. And after a while it becomes potentially

1070
00:49:34,680 --> 00:49:37,040
Speaker 2: a political issue, doesn't it go? This place is overrun

1071
00:49:37,160 --> 00:49:38,439
Speaker 2: by filling the gap.

1072
00:49:39,160 --> 00:49:40,960
Speaker 20: Well, I mean what I want is this place to

1073
00:49:41,120 --> 00:49:43,880
Speaker 20: be overrun by highly skilled people who've got access to

1074
00:49:43,960 --> 00:49:47,240
Speaker 20: capital and connections and who can come in and purchase businesses,

1075
00:49:47,560 --> 00:49:50,680
Speaker 20: keep Kiwis employed, create more jobs. And actually, you know,

1076
00:49:50,840 --> 00:49:52,840
Speaker 20: if you look at business brokerage at the moment we

1077
00:49:52,920 --> 00:49:54,719
Speaker 20: went out and talked to them, there is a real

1078
00:49:54,840 --> 00:49:57,160
Speaker 20: problem with people who want to retire and there isn't

1079
00:49:57,239 --> 00:49:59,200
Speaker 20: enough people in this country to be able to afford

1080
00:49:59,239 --> 00:50:03,480
Speaker 20: their businesses. This is a very small niche category of

1081
00:50:04,600 --> 00:50:06,560
Speaker 20: We will highly target this to people who at business

1082
00:50:06,600 --> 00:50:07,440
Speaker 20: skills in the capital.

1083
00:50:08,719 --> 00:50:10,880
Speaker 2: What's the skill be the number, because I mean one

1084
00:50:10,920 --> 00:50:12,399
Speaker 2: of the things that you come into and we talk

1085
00:50:12,440 --> 00:50:14,000
Speaker 2: to the people who buy and sell businesses on a

1086
00:50:14,080 --> 00:50:16,120
Speaker 2: regular basis, and a lot of the businesses that sell

1087
00:50:16,480 --> 00:50:20,040
Speaker 2: a hospot so easy access to the country, instant job,

1088
00:50:20,200 --> 00:50:22,440
Speaker 2: get the kids involved in the cafe. They couldn't run

1089
00:50:22,480 --> 00:50:24,520
Speaker 2: a cafe to save themselves, but they've got a million

1090
00:50:24,600 --> 00:50:26,560
Speaker 2: bucks and they've got a job. Is that good for

1091
00:50:26,640 --> 00:50:27,040
Speaker 2: the country.

1092
00:50:27,440 --> 00:50:29,120
Speaker 20: Well, we'd be very careful with that, and you'd have

1093
00:50:29,200 --> 00:50:31,440
Speaker 20: to have business experience. And so one of the criteria

1094
00:50:31,480 --> 00:50:33,960
Speaker 20: of this visa to get around exactly that is you

1095
00:50:34,120 --> 00:50:37,120
Speaker 20: have to have business experience, and we will be checking that.

1096
00:50:37,480 --> 00:50:41,160
Speaker 20: So in your look. Business experience is transferable. So if

1097
00:50:41,200 --> 00:50:44,440
Speaker 20: you've run a successful business overseas that might be in

1098
00:50:44,800 --> 00:50:49,000
Speaker 20: a hospitality, it's probably transferable into potentially maybe into manufacturing.

1099
00:50:49,040 --> 00:50:50,880
Speaker 20: So we'll keep an eye on that. But we're certainly

1100
00:50:50,920 --> 00:50:52,640
Speaker 20: not going to be allowing people and have just got

1101
00:50:52,719 --> 00:50:54,680
Speaker 20: cash and decide they want to run a cafe.

1102
00:50:54,840 --> 00:50:57,040
Speaker 2: That won't be because a million dollars is getting down

1103
00:50:57,120 --> 00:50:59,440
Speaker 2: to without sounding like a snob, A million dollars is

1104
00:50:59,480 --> 00:51:01,120
Speaker 2: getting down to a lot of people are going to

1105
00:51:01,200 --> 00:51:02,759
Speaker 2: A million dollars isn't the thing for a lot of

1106
00:51:02,800 --> 00:51:05,160
Speaker 2: people anymore. It's like you've going a million dollars, go

1107
00:51:05,239 --> 00:51:06,400
Speaker 2: buy your way into New Zealand.

1108
00:51:06,560 --> 00:51:09,000
Speaker 20: Well, the previous the previous visa was one hundred thousand,

1109
00:51:10,120 --> 00:51:12,600
Speaker 20: so we've upped it significantly. As I said, there's only

1110
00:51:12,600 --> 00:51:15,160
Speaker 20: one hundred and eighty five businesses for that amount for

1111
00:51:15,239 --> 00:51:17,520
Speaker 20: sale at the moment that we could see, so it

1112
00:51:17,680 --> 00:51:19,759
Speaker 20: is a small amount. But look, the settings of the

1113
00:51:19,800 --> 00:51:22,799
Speaker 20: previous visa were horrendous. It had a fifty percent decline rate.

1114
00:51:23,280 --> 00:51:26,239
Speaker 20: We only had about thirty applications last year. It was

1115
00:51:26,360 --> 00:51:29,520
Speaker 20: just an absolute dog and I say that respectfully because

1116
00:51:29,520 --> 00:51:33,040
Speaker 20: it was actually a national party policy. It was a

1117
00:51:33,120 --> 00:51:35,759
Speaker 20: bit of a disaster. But I'm fixing it and it's

1118
00:51:35,800 --> 00:51:37,400
Speaker 20: I think it's going to go down very well later

1119
00:51:37,560 --> 00:51:37,839
Speaker 20: on here.

1120
00:51:38,480 --> 00:51:41,400
Speaker 2: While I've got you two other things. Somebody raised it yesterday.

1121
00:51:41,440 --> 00:51:44,960
Speaker 2: It was ELPs, the guy who's involved in working visas

1122
00:51:45,000 --> 00:51:47,960
Speaker 2: and stuff. What he wants is the holiday visa age

1123
00:51:48,719 --> 00:51:51,319
Speaker 2: up to fifty from whatever it is at the moment.

1124
00:51:51,360 --> 00:51:53,560
Speaker 2: Thirty five or is that possible, Is that sensible, Is

1125
00:51:53,560 --> 00:51:54,680
Speaker 2: it logical or not?

1126
00:51:54,840 --> 00:51:59,880
Speaker 20: We can look at that. They are all individual holiday

1127
00:51:59,880 --> 00:52:03,360
Speaker 20: working holiday visas that are tied in with agreements we

1128
00:52:03,440 --> 00:52:05,200
Speaker 20: have with different countries, so we have to go through

1129
00:52:05,239 --> 00:52:07,040
Speaker 20: them one by one. But it's certainly something that we

1130
00:52:07,640 --> 00:52:09,400
Speaker 20: can look at. It's a good suggestion and I think

1131
00:52:09,440 --> 00:52:11,120
Speaker 20: when I was in opposition, we wanted to raise it

1132
00:52:11,160 --> 00:52:13,160
Speaker 20: from I think thirty to thirty five for a few countries.

1133
00:52:13,200 --> 00:52:14,600
Speaker 20: And well previous government did that.

1134
00:52:14,800 --> 00:52:18,280
Speaker 2: Okay, golden visa. They need a house, were moving rapidly

1135
00:52:18,360 --> 00:52:20,600
Speaker 2: towards them being able to buy a house in this country.

1136
00:52:21,080 --> 00:52:24,480
Speaker 20: We are We're trying hard to get that across the line,

1137
00:52:24,960 --> 00:52:27,359
Speaker 20: and I'm confident that it will get across the line.

1138
00:52:27,360 --> 00:52:29,719
Speaker 2: Good on you. The other thing, this is only anecdotal.

1139
00:52:29,840 --> 00:52:33,879
Speaker 2: So Principal, principal we're talking to loves you. Thinks you're

1140
00:52:33,880 --> 00:52:35,919
Speaker 2: the greatest thing in education in the history of the world.

1141
00:52:36,120 --> 00:52:39,840
Speaker 2: Oh there's more. He then goes and ends up at

1142
00:52:39,840 --> 00:52:43,160
Speaker 2: the Ministry of Education. Nothing happens, he talks to you,

1143
00:52:43,440 --> 00:52:46,319
Speaker 2: it's all on. He talks to the Ministry brick Wall,

1144
00:52:46,760 --> 00:52:50,360
Speaker 2: Do you have an ongoing issue with the public service

1145
00:52:50,400 --> 00:52:52,719
Speaker 2: in this country fighting against what you're trying to do.

1146
00:52:53,800 --> 00:52:57,000
Speaker 20: I don't think so. I think certainly since I've come in,

1147
00:52:57,080 --> 00:52:59,640
Speaker 20: they have shifted a huge amount. The new Secretary of Education,

1148
00:52:59,719 --> 00:53:03,640
Speaker 20: Ellen the Gregor Read, is outstanding and she is changing

1149
00:53:03,680 --> 00:53:07,040
Speaker 20: the culture of the place, and in things have shifted

1150
00:53:07,040 --> 00:53:09,399
Speaker 20: a lot. I've noticed a big shift. When I want

1151
00:53:09,480 --> 00:53:11,560
Speaker 20: things done, they do do it. Of course, there's a

1152
00:53:11,600 --> 00:53:12,920
Speaker 20: lot of people that work there, and then a lot

1153
00:53:12,960 --> 00:53:15,400
Speaker 20: of them still do have their own views and sometimes

1154
00:53:15,440 --> 00:53:18,640
Speaker 20: that will happen. But that's why it's killing me. But

1155
00:53:18,719 --> 00:53:21,160
Speaker 20: I have to micro manage the place because sometimes you

1156
00:53:21,239 --> 00:53:23,839
Speaker 20: ask for something to get done and it floats off

1157
00:53:23,880 --> 00:53:26,600
Speaker 20: into them. Never ever, So my staff and I have

1158
00:53:26,719 --> 00:53:29,359
Speaker 20: to micro manage almost everything that we do. But since

1159
00:53:29,400 --> 00:53:32,360
Speaker 20: we've had the new Secretary of Education, things have massively improved.

1160
00:53:32,480 --> 00:53:34,560
Speaker 2: Good to hear, good to see, you appreciate time Erica

1161
00:53:34,600 --> 00:53:35,759
Speaker 2: Stamp at sixteen.

1162
00:53:35,440 --> 00:53:39,960
Speaker 1: To two the Mic Asking Breakfast Full Show podcast on

1163
00:53:40,200 --> 00:53:43,959
Speaker 1: iHeartRadio powered by the News Talks at be you got.

1164
00:53:43,880 --> 00:53:46,239
Speaker 2: A vibe about her Old Erica. The text go off

1165
00:53:46,280 --> 00:53:48,799
Speaker 2: every time she's on the program. So I suppose that's

1166
00:53:48,880 --> 00:53:51,960
Speaker 2: encouraging on this broad theme that we might actually be

1167
00:53:52,000 --> 00:53:54,640
Speaker 2: getting our act together economically. Stephen Joyce earlier on the

1168
00:53:54,719 --> 00:53:57,040
Speaker 2: Westpac report that we're going to go out grow Australia.

1169
00:53:57,520 --> 00:53:59,320
Speaker 2: We can also add to the busines wre visas in

1170
00:53:59,360 --> 00:54:02,080
Speaker 2: the country. Another increase in spinning on infrastructure got new

1171
00:54:02,160 --> 00:54:05,640
Speaker 2: numbers yesterday. Total values now two thirty seven billion. This

1172
00:54:05,760 --> 00:54:07,600
Speaker 2: is in the pipeline. Of course, the last three months

1173
00:54:07,640 --> 00:54:09,560
Speaker 2: has seen a bump of thirty billion. The number of

1174
00:54:09,880 --> 00:54:12,759
Speaker 2: providers who contributed to all of this is now one

1175
00:54:12,840 --> 00:54:15,040
Speaker 2: hundred and twenty one organization. So you can't tell me

1176
00:54:15,600 --> 00:54:18,120
Speaker 2: that there's that many billions floating around the economy and

1177
00:54:18,120 --> 00:54:20,760
Speaker 2: one hundred and twenty one different organizations that people aren't

1178
00:54:20,800 --> 00:54:24,160
Speaker 2: starting to feel it. The Infrastructure Commission, which manages all

1179
00:54:24,200 --> 00:54:28,480
Speaker 2: this stuff, they got ninety two hundred initiatives, roads, schools, water, infrastructure.

1180
00:54:28,520 --> 00:54:31,279
Speaker 2: It's the usual story. Their projections at least seventeen and

1181
00:54:31,320 --> 00:54:34,600
Speaker 2: a half billion and potential spend across this year. Seventeen

1182
00:54:34,600 --> 00:54:37,279
Speaker 2: and a half billion across this year. That's real. It's

1183
00:54:37,320 --> 00:54:40,480
Speaker 2: four percent of GDP. For goodness sake. Most recent updates

1184
00:54:40,480 --> 00:54:44,800
Speaker 2: showed the overall value of initiatives confirmed. Confirm funding is

1185
00:54:44,800 --> 00:54:47,480
Speaker 2: the key making an announcements one thing, but confirming the

1186
00:54:47,560 --> 00:54:50,080
Speaker 2: funding is another. It's gone up thirteen and a half

1187
00:54:50,160 --> 00:54:52,720
Speaker 2: billion to one hundred and twenty five point one billion dollars.

1188
00:54:52,719 --> 00:54:55,960
Speaker 2: So eventually as that flows through, you can't help but

1189
00:54:56,040 --> 00:54:58,520
Speaker 2: see things move in the economy. Speaking of which, had

1190
00:54:58,520 --> 00:55:00,480
Speaker 2: got a little a little bit of how news for

1191
00:55:00,560 --> 00:55:03,040
Speaker 2: you this morning asking prices. I'm not a massive fan

1192
00:55:03,160 --> 00:55:05,320
Speaker 2: of this, but I give it to you just so

1193
00:55:05,440 --> 00:55:08,920
Speaker 2: you're better informed about the housing market in general. So

1194
00:55:09,080 --> 00:55:11,120
Speaker 2: the housing market, you would say, what's happening in there? Oh,

1195
00:55:11,160 --> 00:55:14,320
Speaker 2: it's flat as a pancake. I could tell you my

1196
00:55:14,400 --> 00:55:16,239
Speaker 2: personal experience in the housing market of late. It's a

1197
00:55:16,280 --> 00:55:17,920
Speaker 2: weird story, but I don't have time and you'll probably

1198
00:55:17,960 --> 00:55:19,600
Speaker 2: be bored witness, so let me give you these facts.

1199
00:55:19,880 --> 00:55:22,880
Speaker 2: There are several areas around the country Auckland, Canterbury, Wyatter,

1200
00:55:23,000 --> 00:55:27,520
Speaker 2: Taranaki that are seeing some massive increases in asking prices.

1201
00:55:27,640 --> 00:55:30,080
Speaker 2: Long By in Auckland, for example, twenty nine point six

1202
00:55:30,120 --> 00:55:33,480
Speaker 2: percent up. This is year on year, twenty nine point

1203
00:55:33,560 --> 00:55:35,600
Speaker 2: six percent up. What the hell's going on? In Long Bay,

1204
00:55:36,320 --> 00:55:40,399
Speaker 2: Devonport twenty one Drury, which is South Auckland, sixty one

1205
00:55:42,120 --> 00:55:44,440
Speaker 2: Epsom which is an inner city of Auckland suburb if

1206
00:55:44,440 --> 00:55:47,520
Speaker 2: you're outside of the country ten percent. Ireland christ Dutch

1207
00:55:47,600 --> 00:55:52,279
Speaker 2: blue Chip up twenty two percent. What's a whiter New

1208
00:55:52,320 --> 00:55:56,080
Speaker 2: Plymouth up twenty eight percent. A lot of it's in Auckland,

1209
00:55:56,160 --> 00:55:59,480
Speaker 2: So there are pockets within Auckland and a few areas

1210
00:55:59,520 --> 00:56:02,120
Speaker 2: in certain parts of christ and certain parts of Taranaki

1211
00:56:02,640 --> 00:56:06,040
Speaker 2: that are There will be individual sets of circumstances going on.

1212
00:56:06,120 --> 00:56:08,160
Speaker 2: I'm sure there'll be some new development or something will

1213
00:56:08,200 --> 00:56:11,080
Speaker 2: be going on, because that's certainly not reflective of the

1214
00:56:11,160 --> 00:56:13,880
Speaker 2: broader market. And just quickly on the mortgages, they're moving again.

1215
00:56:14,800 --> 00:56:16,680
Speaker 2: Not by enough, dare I suggest, but the bee and

1216
00:56:16,800 --> 00:56:20,160
Speaker 2: Zebra out yesterday. So one year, eighteen month, two year

1217
00:56:20,600 --> 00:56:22,719
Speaker 2: four point seventy five, three year at four nine five,

1218
00:56:22,760 --> 00:56:26,040
Speaker 2: So three year seems everyone's below five now four years

1219
00:56:26,080 --> 00:56:28,480
Speaker 2: still above five five oh nine, five year at five

1220
00:56:28,600 --> 00:56:32,680
Speaker 2: three nine, But what are you doing? Interesting report from

1221
00:56:32,719 --> 00:56:34,799
Speaker 2: Mike Jones I read over the weekend, so he's at

1222
00:56:36,880 --> 00:56:39,000
Speaker 2: B and Z as a years. So he did a

1223
00:56:39,160 --> 00:56:41,839
Speaker 2: lengthy report and there was massive amount of short money

1224
00:56:41,840 --> 00:56:44,200
Speaker 2: at the beginning of the year on mortgages and that's

1225
00:56:44,280 --> 00:56:46,680
Speaker 2: now moved to more medium term money. As we sit

1226
00:56:46,800 --> 00:56:48,520
Speaker 2: here thinking about what to do next, and we know

1227
00:56:48,640 --> 00:56:53,440
Speaker 2: from Christian Christian and I miss the contraction Hawksby, he's

1228
00:56:53,520 --> 00:56:55,160
Speaker 2: going to go a couple more times before the end

1229
00:56:55,160 --> 00:56:56,440
Speaker 2: of the year. So you don't want to lock up

1230
00:56:56,440 --> 00:56:58,279
Speaker 2: at the moment because there's more cuts coming, at least

1231
00:56:58,280 --> 00:56:59,959
Speaker 2: a couple more cuts coming. They won't all be twenty

1232
00:57:00,160 --> 00:57:02,879
Speaker 2: five's at the retail level, but nevertheless, you force your

1233
00:57:02,920 --> 00:57:06,440
Speaker 2: four seven five. If he goes to two five cash,

1234
00:57:08,080 --> 00:57:09,480
Speaker 2: you've got to have a three in it, don't you.

1235
00:57:09,920 --> 00:57:12,239
Speaker 2: If it's two point five percent the cash right, No, No,

1236
00:57:12,400 --> 00:57:15,040
Speaker 2: it's complicated and it's not all yeah blah blah. But

1237
00:57:15,160 --> 00:57:17,600
Speaker 2: if it's at two point five, you've got to have

1238
00:57:17,760 --> 00:57:20,320
Speaker 2: a three in your mortgage, don't you. Nine away from eight.

1239
00:57:20,360 --> 00:57:24,640
Speaker 1: The Mike Hosking Breakfast with Bailey's Real Estate News dogs.

1240
00:57:24,400 --> 00:57:26,440
Speaker 2: They'd be Mike, I locked in three point nine for

1241
00:57:26,520 --> 00:57:28,800
Speaker 2: five years with more mortgage at matures next year. So

1242
00:57:28,800 --> 00:57:32,400
Speaker 2: I'm watching those interest rates with interest. Yeah, most people are.

1243
00:57:32,800 --> 00:57:35,480
Speaker 2: It's a national sport, really, isn't it, Mike? When you

1244
00:57:35,560 --> 00:57:39,800
Speaker 2: see three cranes operating in Mungafi building buildings and you

1245
00:57:39,920 --> 00:57:41,760
Speaker 2: know the economy's turning. That's why they call it three

1246
00:57:41,800 --> 00:57:44,960
Speaker 2: crane Munga five. Of course, I thought everyone knew that

1247
00:57:45,200 --> 00:57:48,440
Speaker 2: by the way I got here's the thing. So I

1248
00:57:48,520 --> 00:57:51,360
Speaker 2: got onto the Netflix The Biggest Loser. You're watching this one,

1249
00:57:51,440 --> 00:57:54,200
Speaker 2: so I don't know how many episodes there are, but

1250
00:57:54,680 --> 00:57:57,120
Speaker 2: it's a documentary on the Biggest Loser. Now, obviously I

1251
00:57:57,160 --> 00:57:59,120
Speaker 2: didn't watch The Biggest Loser when it was a thing,

1252
00:57:59,200 --> 00:58:02,480
Speaker 2: but it was a thing. It was a monumental global thing.

1253
00:58:04,080 --> 00:58:06,640
Speaker 2: And basically, fat people lost weight each week, and you're

1254
00:58:06,680 --> 00:58:08,360
Speaker 2: lost more weight and you became the Biggest Loser. And

1255
00:58:08,440 --> 00:58:09,800
Speaker 2: so they talked to the producer of the show and

1256
00:58:09,840 --> 00:58:11,360
Speaker 2: the guy who invented the show, and they talked to

1257
00:58:11,400 --> 00:58:12,840
Speaker 2: the doctor on the show, and they talked to all

1258
00:58:12,880 --> 00:58:16,280
Speaker 2: of the people who were on the show who have

1259
00:58:16,400 --> 00:58:17,919
Speaker 2: a story to tell. And there's a lot of story

1260
00:58:18,040 --> 00:58:19,919
Speaker 2: about what I didn't know. Katie told me this. There's

1261
00:58:19,960 --> 00:58:23,560
Speaker 2: two main trainers. One of the trainers is on the

1262
00:58:23,640 --> 00:58:28,080
Speaker 2: documentary and he's moderately entertaining. The other trainer is like

1263
00:58:28,240 --> 00:58:30,320
Speaker 2: you got to see her to believe her. It's like

1264
00:58:30,440 --> 00:58:34,280
Speaker 2: she's Arnold Schwarzeneer in female form. She is a machine,

1265
00:58:34,520 --> 00:58:38,280
Speaker 2: not particularly likable, but a machine. Anyway. She turns out

1266
00:58:38,320 --> 00:58:40,240
Speaker 2: to hang with JFK these days, so she's a big

1267
00:58:40,280 --> 00:58:43,920
Speaker 2: JFK fan and she's all over. So RFK what she

1268
00:58:43,960 --> 00:58:45,920
Speaker 2: could be here? She could think it's JFK. I don't know,

1269
00:58:46,720 --> 00:58:49,520
Speaker 2: but RFK that's about Yeah, they're the FK's. She's hanging

1270
00:58:49,640 --> 00:58:52,720
Speaker 2: with the Kennedy's anyway, she's on social media. She hates

1271
00:58:52,760 --> 00:58:55,280
Speaker 2: this documentary. She's all over. But here's the point. I'm

1272
00:58:55,560 --> 00:58:59,920
Speaker 2: red Flag. So I thought Background in Sight fair enough,

1273
00:59:00,840 --> 00:59:03,720
Speaker 2: but I got onto the second episode yesterday. I find

1274
00:59:03,760 --> 00:59:07,920
Speaker 2: it draining. I find it a bunch of losers who went.

1275
00:59:08,000 --> 00:59:09,840
Speaker 2: And what you're learning about the people is it's not

1276
00:59:09,920 --> 00:59:12,920
Speaker 2: about being fat and losing weight. They all had a

1277
00:59:13,000 --> 00:59:15,720
Speaker 2: problem driving the weight. So in other words, they it

1278
00:59:15,840 --> 00:59:19,320
Speaker 2: was escapism. Essentially, they were wanting to change their life.

1279
00:59:19,840 --> 00:59:21,760
Speaker 2: There was something going on in their life that they

1280
00:59:21,800 --> 00:59:25,040
Speaker 2: were running from, and they saw reality television as an out.

1281
00:59:25,920 --> 00:59:28,480
Speaker 2: And so once you scratch below the surface, it's like

1282
00:59:28,560 --> 00:59:30,120
Speaker 2: so many people in life, isn't it. You think, oh,

1283
00:59:30,200 --> 00:59:32,120
Speaker 2: that's your problem. No it's not. There's about sixteen things

1284
00:59:32,160 --> 00:59:34,720
Speaker 2: going on underneath. So it's and so by the time

1285
00:59:34,840 --> 00:59:35,200
Speaker 2: I got.

1286
00:59:35,120 --> 00:59:37,720
Speaker 4: The Oh man, this is I don't reckon. You need

1287
00:59:37,760 --> 00:59:39,880
Speaker 4: to wonder who recommended that to you?

1288
00:59:40,080 --> 00:59:40,600
Speaker 21: That program?

1289
00:59:40,800 --> 00:59:42,120
Speaker 4: No, no, just it.

1290
00:59:42,640 --> 00:59:44,720
Speaker 2: I know it was Jason again, wasn't it was Jason

1291
00:59:44,760 --> 00:59:47,000
Speaker 2: the Boss? He came in. He was have you watched

1292
00:59:47,000 --> 00:59:49,400
Speaker 2: that Biggest Laser? And I said no, anyway, so I

1293
00:59:49,520 --> 00:59:51,560
Speaker 2: watched it. I thought it's too draining. I don't have

1294
00:59:51,760 --> 00:59:56,120
Speaker 2: time to be dragged down by people and their problems.

1295
00:59:56,120 --> 00:59:59,000
Speaker 2: You know what I'm saying. Let's get up for people,

1296
01:00:00,000 --> 01:00:01,400
Speaker 2: the news in a couple of moments. Then we'll do

1297
01:00:01,520 --> 01:00:04,200
Speaker 2: politics Wednesday, the.

1298
01:00:04,280 --> 01:00:08,880
Speaker 1: News and the news makers the mic asking breakfast with

1299
01:00:09,160 --> 01:00:13,760
Speaker 1: Bailey's real estate altogether better across residential, commercial and rural

1300
01:00:13,840 --> 01:00:14,400
Speaker 1: news talks.

1301
01:00:14,400 --> 01:00:23,880
Speaker 17: He'd be, I know.

1302
01:00:25,720 --> 01:00:27,480
Speaker 2: You think yourself, haven't I heard this before? And the

1303
01:00:27,520 --> 01:00:31,400
Speaker 2: answer is yes, you have. But this is the same

1304
01:00:31,480 --> 01:00:34,800
Speaker 2: but difference because what happened is is John Foggerty obviously

1305
01:00:34,840 --> 01:00:38,160
Speaker 2: and one of the most recognizable voices in music, Crims

1306
01:00:38,240 --> 01:00:41,640
Speaker 2: Clearwater Revible. The album is called Legacy Revival the Years

1307
01:00:41,720 --> 01:00:46,240
Speaker 2: Legacy the Crims Clearwater Revile Revival Years. Now, what he's

1308
01:00:46,320 --> 01:00:48,920
Speaker 2: done is he's sung the songs he sung before, but

1309
01:00:49,000 --> 01:00:53,640
Speaker 2: he's re recorded them, and you're going, well, why would

1310
01:00:53,680 --> 01:00:56,040
Speaker 2: he do that? While the answer is because he tatated

1311
01:00:56,960 --> 01:01:01,080
Speaker 2: years ago he signed a deal with Fantasy Records that

1312
01:01:01,200 --> 01:01:03,480
Speaker 2: gave the label ownership for the publishing rights to his

1313
01:01:03,560 --> 01:01:05,880
Speaker 2: songs as well as masters to his recordings. Now, why

1314
01:01:05,960 --> 01:01:08,640
Speaker 2: you would do something like that is seemingly beyond belief.

1315
01:01:08,720 --> 01:01:10,640
Speaker 2: But nevertheless, back in the day, you've probably saw the

1316
01:01:10,720 --> 01:01:13,760
Speaker 2: money and you thought, what the hell, how big could

1317
01:01:13,800 --> 01:01:17,000
Speaker 2: this be? And you anyway, he hasn't got any money,

1318
01:01:17,080 --> 01:01:19,760
Speaker 2: so he thought to himself, I'm going to rerecord some

1319
01:01:19,840 --> 01:01:22,240
Speaker 2: of these songs. So there are twenty tracks because he

1320
01:01:22,280 --> 01:01:25,560
Speaker 2: wrote quite a lot of them. While the twenty twenty

1321
01:01:25,640 --> 01:01:30,120
Speaker 2: five takes aren't an embarrassment from a strictly musical standpoint,

1322
01:01:30,200 --> 01:01:32,800
Speaker 2: there isn't much reason to buy this other than goodwill

1323
01:01:32,840 --> 01:01:35,120
Speaker 2: and the desire to give Foggedty a well earned payday

1324
01:01:35,200 --> 01:01:35,760
Speaker 2: for his work.

1325
01:01:36,240 --> 01:01:38,640
Speaker 4: So maybe he didn't choose the right key we save

1326
01:01:38,680 --> 01:01:39,479
Speaker 4: the plan or something.

1327
01:01:40,240 --> 01:01:43,000
Speaker 2: I would have taken the money and invested it. He

1328
01:01:43,040 --> 01:01:46,360
Speaker 2: would have bought a house in either Elem or Long Day.

1329
01:01:46,760 --> 01:01:48,640
Speaker 2: Now I'd be laughing, and it wouldn't have to re

1330
01:01:48,720 --> 01:01:51,000
Speaker 2: record old songs. It's a reminder though. It says of

1331
01:01:51,040 --> 01:01:52,959
Speaker 2: how many great songs fogged? He wrote in his Salard

1332
01:01:53,040 --> 01:01:56,040
Speaker 2: Days with CCO, which is probably true. Fifty nine minutes

1333
01:01:56,080 --> 01:01:59,120
Speaker 2: and forty six seconds worth of John Foggety coming up.

1334
01:01:59,200 --> 01:02:01,680
Speaker 2: Nine minutes past eight. It is politics Wednesday. Mark Mitchell's

1335
01:02:01,680 --> 01:02:02,840
Speaker 2: well as market. Very good morning to you.

1336
01:02:04,440 --> 01:02:04,919
Speaker 1: Good morning.

1337
01:02:05,880 --> 01:02:07,760
Speaker 2: That's an interesting way of doing it. I said, Mark,

1338
01:02:07,800 --> 01:02:10,160
Speaker 2: good morning to you, and then Ginny comes on and goes, no, no,

1339
01:02:10,440 --> 01:02:12,560
Speaker 2: don't don't blow it, Jinny. It's okay. You see you

1340
01:02:12,680 --> 01:02:14,440
Speaker 2: say good morning on behalf of Mark as often as

1341
01:02:14,480 --> 01:02:18,480
Speaker 2: you want. Now, now Mark will try this again, Mark,

1342
01:02:18,520 --> 01:02:20,320
Speaker 2: good morning, Good morning mine.

1343
01:02:20,360 --> 01:02:22,320
Speaker 22: And it's a great morning because I'm down in Queenstown

1344
01:02:22,320 --> 01:02:24,680
Speaker 22: and I've just opened the Police and Fire Games and

1345
01:02:24,800 --> 01:02:27,480
Speaker 22: our police commissioner is running in the cross country today.

1346
01:02:27,720 --> 01:02:29,040
Speaker 23: How opinion in the cross country?

1347
01:02:29,080 --> 01:02:30,920
Speaker 2: When you say the cross country, how many CA's is that?

1348
01:02:32,240 --> 01:02:33,560
Speaker 1: I think it's ten k's, isn't it?

1349
01:02:33,560 --> 01:02:34,240
Speaker 23: The cross country?

1350
01:02:34,680 --> 01:02:37,000
Speaker 2: It's depended, well, not at the Olympics, it's not. No,

1351
01:02:37,160 --> 01:02:39,520
Speaker 2: but I'm thinking probably at the probably at the game.

1352
01:02:40,320 --> 01:02:43,240
Speaker 23: I'm roffing. I'm just guessing I'll find out what what

1353
01:02:43,400 --> 01:02:44,360
Speaker 23: what are you competing in?

1354
01:02:44,480 --> 01:02:44,680
Speaker 17: Mark?

1355
01:02:45,320 --> 01:02:47,360
Speaker 22: Well, I did have an oppressire to join him in

1356
01:02:47,400 --> 01:02:49,240
Speaker 22: the cross country. I said, unless you've got a draft

1357
01:02:49,320 --> 01:02:52,160
Speaker 22: war seation, then that's probably not going to happen. I

1358
01:02:52,320 --> 01:02:53,600
Speaker 22: used to compete when I was in the police.

1359
01:02:53,640 --> 01:02:56,840
Speaker 23: I did. I competed in rugby, rowing and surfing.

1360
01:02:57,200 --> 01:02:59,360
Speaker 2: I gotta say, the commissioners, and you go back to

1361
01:03:00,040 --> 01:03:03,960
Speaker 2: our friend that we no longer mentioned anymore. He was fit.

1362
01:03:04,240 --> 01:03:06,120
Speaker 2: This guy is fit. I mean, you know so by

1363
01:03:06,160 --> 01:03:07,680
Speaker 2: the time you get to the cop how many do

1364
01:03:07,720 --> 01:03:11,240
Speaker 2: you reckon? Markisson is very fit exactly. But you don't

1365
01:03:11,280 --> 01:03:12,640
Speaker 2: have to be, do you because once you get to

1366
01:03:12,680 --> 01:03:14,680
Speaker 2: a desk job you can let yourself govern. That can't

1367
01:03:15,640 --> 01:03:20,120
Speaker 2: let's do it. Do you have to get over the wall?

1368
01:03:20,240 --> 01:03:20,439
Speaker 22: Still?

1369
01:03:20,480 --> 01:03:21,320
Speaker 2: How high is the wall?

1370
01:03:22,360 --> 01:03:24,200
Speaker 22: Yeah? I mean apparently at my age you don't have

1371
01:03:24,280 --> 01:03:25,600
Speaker 22: to get over We just got to tap it. But

1372
01:03:25,680 --> 01:03:27,680
Speaker 22: if I'm going to do the piece, make no mistake,

1373
01:03:27,720 --> 01:03:30,400
Speaker 22: I'm going I'm going over the wall. I'm not tapping

1374
01:03:30,440 --> 01:03:30,800
Speaker 22: out on that.

1375
01:03:33,400 --> 01:03:43,680
Speaker 2: Could you go over the wall? Hello? Sorry, we should explain,

1376
01:03:44,280 --> 01:03:46,840
Speaker 2: we should explain. You'll be interested in this Mark Jinny's

1377
01:03:46,880 --> 01:03:49,400
Speaker 2: offshore in a secret location. Do you want to disclose

1378
01:03:49,440 --> 01:03:50,320
Speaker 2: your location, Jinny.

1379
01:03:50,640 --> 01:03:53,960
Speaker 24: Yes, I'm in Fiji at the Interparliamentary Meeting of all

1380
01:03:54,000 --> 01:03:58,400
Speaker 24: the Fiji sort of MP and all the Pacific parliaments

1381
01:03:58,480 --> 01:04:01,520
Speaker 24: come together once a year, so representing New zeal in

1382
01:04:01,560 --> 01:04:04,160
Speaker 24: parliament edit, which has been fascinating to be honest, really.

1383
01:04:04,040 --> 01:04:05,840
Speaker 2: Interesting is she tell me the most interesting thing?

1384
01:04:06,880 --> 01:04:09,280
Speaker 24: Well, I have to say, probably the increase of methan

1385
01:04:09,320 --> 01:04:11,840
Speaker 24: fetamine coming in through the Pacific and to New Zealand.

1386
01:04:11,960 --> 01:04:14,840
Speaker 24: So hearing firsteen from other MPs about the impact they're

1387
01:04:14,840 --> 01:04:18,000
Speaker 24: seeing in their own communities, and probably that the sort

1388
01:04:18,040 --> 01:04:22,280
Speaker 24: of US China and geopolitic tensions instead of having those

1389
01:04:22,320 --> 01:04:25,200
Speaker 24: in between conversations with MP's face to faces where you

1390
01:04:25,240 --> 01:04:26,560
Speaker 24: get some really interesting takes.

1391
01:04:26,640 --> 01:04:27,720
Speaker 23: See the Commissioner.

1392
01:04:28,000 --> 01:04:31,240
Speaker 22: The Commissioner actually hosted we had all of the Pacific Commissioners,

1393
01:04:31,280 --> 01:04:35,160
Speaker 22: police commissioners up in Whiting you last week, you know,

1394
01:04:35,320 --> 01:04:37,720
Speaker 22: dealing with with all of those issues, along with of

1395
01:04:37,760 --> 01:04:40,480
Speaker 22: course the Secretary General for first time that had been

1396
01:04:40,520 --> 01:04:41,000
Speaker 22: down to New.

1397
01:04:40,960 --> 01:04:44,360
Speaker 2: Zealand as well. It was Jenny. When you deal with

1398
01:04:44,400 --> 01:04:46,880
Speaker 2: all the Pacific Islands, the Pacific Islands deal with China

1399
01:04:46,920 --> 01:04:49,040
Speaker 2: and a different depending on which Pacific island you're dealing with.

1400
01:04:49,480 --> 01:04:52,200
Speaker 2: They see China differently, do you Is that reflected in

1401
01:04:52,360 --> 01:04:55,040
Speaker 2: your chats with ministers? Do they see China as a

1402
01:04:55,120 --> 01:04:57,800
Speaker 2: foe and a problem or a friend or a foil

1403
01:04:57,880 --> 01:04:58,000
Speaker 2: or what?

1404
01:04:59,320 --> 01:05:01,200
Speaker 24: It really kind of depends on the country to get

1405
01:05:01,280 --> 01:05:04,040
Speaker 24: quite different takes from the party they're from and also

1406
01:05:04,160 --> 01:05:07,480
Speaker 24: from the you know, their role in different islands. But

1407
01:05:07,560 --> 01:05:11,520
Speaker 24: there's a huge variety we've got, you know, Nauru, Palo Tongua,

1408
01:05:11,920 --> 01:05:13,920
Speaker 24: you know, you've got the whole suite of you know,

1409
01:05:14,040 --> 01:05:16,960
Speaker 24: different Pacific nations and they have got quite different takes

1410
01:05:17,040 --> 01:05:19,760
Speaker 24: depending on what their position is and how they're impacted.

1411
01:05:19,960 --> 01:05:22,720
Speaker 2: Okay, can we reveal we let to believe you're on

1412
01:05:22,800 --> 01:05:24,120
Speaker 2: a burner phone? Is that true?

1413
01:05:24,680 --> 01:05:25,280
Speaker 22: That is right?

1414
01:05:25,400 --> 01:05:26,680
Speaker 24: Yes, I am on a burn a phone.

1415
01:05:26,800 --> 01:05:28,240
Speaker 2: Why are you on a bona fide? Are you not

1416
01:05:28,320 --> 01:05:30,400
Speaker 2: playing the bills again or what's happening there?

1417
01:05:31,240 --> 01:05:35,360
Speaker 24: So I think you're right. So when your advisor mark

1418
01:05:35,400 --> 01:05:37,840
Speaker 24: well know this, you're advised quite strongly not to collect

1419
01:05:38,000 --> 01:05:40,960
Speaker 24: connect to Wi fi if you've got a part you've

1420
01:05:40,960 --> 01:05:42,360
Speaker 24: got parliamentary information.

1421
01:05:42,160 --> 01:05:43,360
Speaker 2: In Fiji or anywhere.

1422
01:05:44,440 --> 01:05:49,400
Speaker 24: Well, places places which are listed informative.

1423
01:05:52,320 --> 01:05:58,400
Speaker 2: Probably what who's on the list. I never saw Fiji

1424
01:05:58,480 --> 01:06:00,280
Speaker 2: as a problem. Every time I've gone to do you

1425
01:06:00,360 --> 01:06:01,920
Speaker 2: have taken my regular find Do I need to take

1426
01:06:01,960 --> 01:06:02,360
Speaker 2: a burner?

1427
01:06:03,640 --> 01:06:06,400
Speaker 24: No, Look, we just we get advised by parliamentary security

1428
01:06:06,480 --> 01:06:09,600
Speaker 24: when traveling internationally what we should do, and and we've

1429
01:06:09,640 --> 01:06:11,480
Speaker 24: heading peace in the past, have not abided by that

1430
01:06:11,600 --> 01:06:13,959
Speaker 24: advice and the ramifications have not been great.

1431
01:06:14,560 --> 01:06:14,720
Speaker 21: You know.

1432
01:06:14,920 --> 01:06:17,760
Speaker 24: So the last thing you want is the parliamentary system

1433
01:06:17,840 --> 01:06:21,160
Speaker 24: being heaped into by another nation state in the compromising

1434
01:06:21,240 --> 01:06:23,280
Speaker 24: New Zealand's website and information.

1435
01:06:23,560 --> 01:06:26,080
Speaker 2: So I read the report the other day. None of

1436
01:06:26,120 --> 01:06:26,600
Speaker 2: this was in that.

1437
01:06:28,280 --> 01:06:28,840
Speaker 22: Well, we get a.

1438
01:06:28,840 --> 01:06:31,600
Speaker 24: Pretty good briefing. We're also probably advised not.

1439
01:06:31,640 --> 01:06:36,960
Speaker 2: To say on the radio a few state secrets just

1440
01:06:37,040 --> 01:06:41,320
Speaker 2: leave out. But that's okay, fortunately, fortunately off.

1441
01:06:41,240 --> 01:06:45,440
Speaker 22: The hook to Jenny off the hook, that's our security

1442
01:06:45,480 --> 01:06:49,040
Speaker 22: agencies always here on the side of caution, as they should.

1443
01:06:49,120 --> 01:06:51,439
Speaker 2: Fair enough to do. You have to do it in Australia, Mark,

1444
01:06:51,520 --> 01:06:53,400
Speaker 2: do we we find them a bit suspicious as well

1445
01:06:53,480 --> 01:06:54,080
Speaker 2: or not really.

1446
01:06:56,520 --> 01:06:56,920
Speaker 1: Really good.

1447
01:06:57,120 --> 01:06:58,000
Speaker 6: We're all good on a straight now.

1448
01:06:58,320 --> 01:07:00,320
Speaker 24: But the other interesting one is like when you're in

1449
01:07:00,360 --> 01:07:02,760
Speaker 24: a hotel in some countries, you know how they had

1450
01:07:02,800 --> 01:07:04,919
Speaker 24: the USB port that you can just plug into the wall.

1451
01:07:05,040 --> 01:07:06,720
Speaker 1: Yes, well that's not a goer.

1452
01:07:06,880 --> 01:07:08,840
Speaker 24: So once you plug your phone and with the USB

1453
01:07:08,960 --> 01:07:11,360
Speaker 24: and they can get into your phone right through that way,

1454
01:07:11,400 --> 01:07:12,720
Speaker 24: get all your contacts or your emails.

1455
01:07:12,760 --> 01:07:15,480
Speaker 1: No, why you plug into a hotel.

1456
01:07:15,720 --> 01:07:17,480
Speaker 2: So if there's somebody, say you're saying at the sheriff

1457
01:07:17,560 --> 01:07:19,680
Speaker 2: and dinner, how somebody goes whole ord welcome bo for you?

1458
01:07:19,800 --> 01:07:24,320
Speaker 2: G you go, hang on, hang on, tell me the question.

1459
01:07:24,600 --> 01:07:26,160
Speaker 2: This is the hang on. We've got to take a break.

1460
01:07:26,200 --> 01:07:27,160
Speaker 2: Fourteen past eight.

1461
01:07:27,840 --> 01:07:32,400
Speaker 1: The Make Hosking Breakfast Full Show podcast on iHeartRadio, powered

1462
01:07:32,440 --> 01:07:33,200
Speaker 1: by News Talks.

1463
01:07:33,240 --> 01:07:36,200
Speaker 2: It be Us Talks. There'll be seventeen past eight to

1464
01:07:36,320 --> 01:07:38,960
Speaker 2: Ginny Anderson and Mark Mitchell both whether it's mark four

1465
01:07:39,040 --> 01:07:40,160
Speaker 2: year terms? What do you reckon?

1466
01:07:42,440 --> 01:07:42,880
Speaker 4: I don't know.

1467
01:07:43,040 --> 01:07:45,720
Speaker 22: I mean, if you're in opposition, you don't want a

1468
01:07:45,800 --> 01:07:47,880
Speaker 22: four you to if your government you do? I think

1469
01:07:47,960 --> 01:07:50,040
Speaker 22: in terms of what's best for the country. I actually

1470
01:07:50,520 --> 01:07:52,720
Speaker 22: I do lean more towards a four year term only

1471
01:07:52,800 --> 01:07:55,080
Speaker 22: because you've got your first year of sort of coming

1472
01:07:55,120 --> 01:07:57,320
Speaker 22: into government, you've got your policy settings, you're getting the

1473
01:07:57,360 --> 01:08:00,560
Speaker 22: public service sort of hiding the right through in terms

1474
01:08:00,600 --> 01:08:03,120
Speaker 22: of delivery on those, then you've got one year in

1475
01:08:03,200 --> 01:08:05,720
Speaker 22: between your delivery done and then you beckon to the

1476
01:08:05,800 --> 01:08:08,200
Speaker 22: election cycle again, so it would give you two years

1477
01:08:08,240 --> 01:08:10,240
Speaker 22: in the middle to actually be able to get those

1478
01:08:10,280 --> 01:08:12,560
Speaker 22: policy settings delivered embedded in what.

1479
01:08:12,640 --> 01:08:13,320
Speaker 2: About you, Jenny.

1480
01:08:14,080 --> 01:08:15,760
Speaker 24: I was actually talking to someone last night from one

1481
01:08:15,800 --> 01:08:17,840
Speaker 24: of the Pacific countries and they were saying they changed

1482
01:08:17,840 --> 01:08:20,519
Speaker 24: from three to four and the big difference was there

1483
01:08:20,600 --> 01:08:23,000
Speaker 24: was least kind of politicking that when you've got a

1484
01:08:23,040 --> 01:08:25,120
Speaker 24: three year term, people just do stuff that are more

1485
01:08:25,200 --> 01:08:27,320
Speaker 24: populist and just to take the list to get voted

1486
01:08:27,360 --> 01:08:29,439
Speaker 24: in the game, and when you have a four year term,

1487
01:08:29,479 --> 01:08:33,000
Speaker 24: people actually were more likely to deliver long term structural

1488
01:08:33,120 --> 01:08:34,479
Speaker 24: change that benefited the people.

1489
01:08:34,680 --> 01:08:36,720
Speaker 2: Well, the second part of that question, then, Jenny, is

1490
01:08:36,800 --> 01:08:39,080
Speaker 2: do the public vote. Would the public vote for it?

1491
01:08:39,240 --> 01:08:39,920
Speaker 2: Do you think?

1492
01:08:41,160 --> 01:08:43,320
Speaker 24: I'm not sure if they would. I think there's the

1493
01:08:43,439 --> 01:08:47,360
Speaker 24: higher level of suspicion in not trusting sort of politics

1494
01:08:47,439 --> 01:08:51,120
Speaker 24: in general, I think has increased post COVID, So I

1495
01:08:51,160 --> 01:08:53,280
Speaker 24: think there's a higher level of public mistrust in our

1496
01:08:53,439 --> 01:08:56,040
Speaker 24: state institutions, and I think it's a shame. So I'm

1497
01:08:56,120 --> 01:08:59,240
Speaker 24: questionable without some sort of limitation on it where the

1498
01:08:59,240 --> 01:08:59,960
Speaker 24: people would rute.

1499
01:09:00,479 --> 01:09:02,160
Speaker 2: Did you mark the same question to you? Do you

1500
01:09:02,200 --> 01:09:05,200
Speaker 2: think people are vote for it or not? Yeah?

1501
01:09:05,240 --> 01:09:05,600
Speaker 23: I sort of.

1502
01:09:05,640 --> 01:09:07,240
Speaker 22: I'm sort of leaning the same way as I just

1503
01:09:07,320 --> 01:09:09,920
Speaker 22: think that you know, there's not a high level trust

1504
01:09:10,000 --> 01:09:13,840
Speaker 22: and elected representatives in the system, and so you know

1505
01:09:13,920 --> 01:09:15,560
Speaker 22: people are going to say, well, do we want to

1506
01:09:15,600 --> 01:09:18,760
Speaker 22: wait four years if we have a government we don't like?

1507
01:09:20,080 --> 01:09:21,360
Speaker 23: So yeah, it'll be interesting though.

1508
01:09:21,760 --> 01:09:24,120
Speaker 22: It'll be interesting because you know, Kiwis are pretty pragmatic

1509
01:09:24,200 --> 01:09:26,599
Speaker 22: and they'll sort of they'll sit back and they'll they'll

1510
01:09:26,640 --> 01:09:28,680
Speaker 22: look and make the decisions around what they think is

1511
01:09:28,720 --> 01:09:29,360
Speaker 22: best for the country.

1512
01:09:29,479 --> 01:09:32,280
Speaker 2: Did you hand on heart Mark understand, read or understand

1513
01:09:32,320 --> 01:09:34,320
Speaker 2: what David Sema was trying to do with that weird

1514
01:09:34,400 --> 01:09:37,080
Speaker 2: thing on four year terms and committees and numbers and things.

1515
01:09:37,520 --> 01:09:39,760
Speaker 2: I like, literally couldn't understand what the hell he was

1516
01:09:39,800 --> 01:09:40,200
Speaker 2: on about.

1517
01:09:41,320 --> 01:09:43,439
Speaker 22: Look, I think what's coming out of that is that

1518
01:09:43,920 --> 01:09:46,000
Speaker 22: clearly David said, Look, it was a bit confusing.

1519
01:09:47,200 --> 01:09:49,400
Speaker 2: So they've moved away from that, so they should have.

1520
01:09:49,479 --> 01:09:50,559
Speaker 2: Did you understand it, Ginny?

1521
01:09:51,040 --> 01:09:51,400
Speaker 8: I did.

1522
01:09:51,600 --> 01:09:53,040
Speaker 24: The best way to explain it is, you know how

1523
01:09:53,080 --> 01:09:54,800
Speaker 24: there's an upper house in a lower house, yes, it's

1524
01:09:54,800 --> 01:09:58,080
Speaker 24: a bit like that. So select committees would act as level.

1525
01:09:58,600 --> 01:09:59,800
Speaker 20: So if you had a.

1526
01:09:59,800 --> 01:10:03,920
Speaker 24: Mis just because the government's got a majority on those

1527
01:10:03,920 --> 01:10:07,200
Speaker 24: select committees, they can push anything through. So that would

1528
01:10:07,280 --> 01:10:10,440
Speaker 24: mean that you could quite substantially change your block legislation

1529
01:10:10,680 --> 01:10:11,280
Speaker 24: and opposition.

1530
01:10:12,479 --> 01:10:14,280
Speaker 2: At another level, Have you got to him on as

1531
01:10:14,520 --> 01:10:16,639
Speaker 2: I'm changing the gag patch thing? What was that about?

1532
01:10:16,760 --> 01:10:17,160
Speaker 17: Did he not?

1533
01:10:17,520 --> 01:10:19,560
Speaker 2: I don't understand what happened there. He thought he was

1534
01:10:19,600 --> 01:10:22,280
Speaker 2: he speaking personally, so he personally would change the gag

1535
01:10:22,320 --> 01:10:24,000
Speaker 2: patch thing, but the party isn't, or he was just

1536
01:10:24,080 --> 01:10:25,000
Speaker 2: making up some policy.

1537
01:10:25,880 --> 01:10:28,080
Speaker 24: I think it was pretty clear that was his personal view.

1538
01:10:28,200 --> 01:10:30,360
Speaker 24: But the view that we hold is that we wouldn't

1539
01:10:30,360 --> 01:10:33,519
Speaker 24: switch that back given that though still hasn't made much

1540
01:10:33,560 --> 01:10:36,519
Speaker 24: of a difference to the ninety seven percent of increase

1541
01:10:36,600 --> 01:10:38,920
Speaker 24: in myth. You know, we've had police themselves saying that

1542
01:10:39,720 --> 01:10:44,760
Speaker 24: are making record profits out of manufacturing drugs. I don't

1543
01:10:44,760 --> 01:10:45,840
Speaker 24: know if that's made any difference.

1544
01:10:46,880 --> 01:10:49,560
Speaker 2: So they wouldn't change it because people feel safer, and

1545
01:10:49,680 --> 01:10:51,320
Speaker 2: I mean, you know, we feel the way we feel.

1546
01:10:51,400 --> 01:10:52,360
Speaker 2: You can't argue with that, can you?

1547
01:10:53,200 --> 01:10:55,760
Speaker 24: Well, that's great, you feel the way you feel. But

1548
01:10:55,920 --> 01:10:58,400
Speaker 24: the material difference to the level of drugs they're pushing

1549
01:10:58,479 --> 01:11:01,680
Speaker 24: and money they're making increased. And the gang numbers have

1550
01:11:01,840 --> 01:11:03,479
Speaker 24: increased under this government as well.

1551
01:11:03,479 --> 01:11:06,080
Speaker 23: Well, the game numbers, the game. Let me let me,

1552
01:11:06,200 --> 01:11:07,960
Speaker 23: let me, let me speak to those two issues.

1553
01:11:08,080 --> 01:11:11,320
Speaker 22: Number One, I'd like Genny to walk into the stadium

1554
01:11:11,400 --> 01:11:13,120
Speaker 22: that I've just walked out of and tell the hundreds

1555
01:11:13,160 --> 01:11:14,640
Speaker 22: of police officers here that you're going to get rid

1556
01:11:14,640 --> 01:11:18,080
Speaker 22: of the gang pitch ben because it's given them to enforce.

1557
01:11:18,240 --> 01:11:20,360
Speaker 23: To where you're saying it's not worked, it as clearly

1558
01:11:20,439 --> 01:11:20,920
Speaker 23: has worked.

1559
01:11:21,680 --> 01:11:24,040
Speaker 22: And the other thing too is that gang members going

1560
01:11:24,080 --> 01:11:26,160
Speaker 22: on to the gang Jenny are starting to slow down.

1561
01:11:26,280 --> 01:11:30,799
Speaker 22: It's reducing because the police enormous are putting enormous pressure

1562
01:11:31,080 --> 01:11:33,759
Speaker 22: on the gangs. And by the way, where the rubber

1563
01:11:33,800 --> 01:11:35,800
Speaker 22: hits the road is that Penny is out there saying

1564
01:11:35,840 --> 01:11:38,120
Speaker 22: exactly what Ginny Anderson all the rest of them think.

1565
01:11:38,520 --> 01:11:42,240
Speaker 22: They didn't support the gang legislation. They don't like it.

1566
01:11:42,760 --> 01:11:44,640
Speaker 22: He's saying it hasn't worked. Of course they want to

1567
01:11:44,680 --> 01:11:46,160
Speaker 22: repeal it, of course they want to.

1568
01:11:46,160 --> 01:11:48,479
Speaker 24: Get it's great, But under this government's watch, we're going

1569
01:11:48,520 --> 01:11:50,799
Speaker 24: to see pretty soon the number of gang members surpassed

1570
01:11:50,800 --> 01:11:55,000
Speaker 24: the number of police officers in New Zealand. Well, it

1571
01:11:55,120 --> 01:11:57,000
Speaker 24: makes life a lot harder for keeping law in order

1572
01:11:57,080 --> 01:11:57,840
Speaker 24: and discus.

1573
01:11:58,240 --> 01:12:00,599
Speaker 23: Trust me that the police are doing that ending job

1574
01:12:00,680 --> 01:12:01,280
Speaker 23: on the gangs.

1575
01:12:01,640 --> 01:12:03,880
Speaker 22: They're taking They've taken four or five of the major

1576
01:12:03,920 --> 01:12:08,840
Speaker 22: gigs completely out of circulation altogether. The public are no

1577
01:12:08,960 --> 01:12:12,920
Speaker 22: longer expose their intimidation. They're no longer taking over provincial towns.

1578
01:12:13,280 --> 01:12:16,720
Speaker 22: The police are controlling our streets, not the gangs, to

1579
01:12:16,800 --> 01:12:19,360
Speaker 22: do what Labor Greens into party Mary would like to do.

1580
01:12:19,880 --> 01:12:20,240
Speaker 23: Reverse.

1581
01:12:21,000 --> 01:12:22,880
Speaker 2: I gotta, I gotta, I gotta wrap this up. But

1582
01:12:23,040 --> 01:12:25,160
Speaker 2: just real quick, Ginny, do you have any vibe on

1583
01:12:25,200 --> 01:12:26,559
Speaker 2: the by election? Do you want to call it? Who's

1584
01:12:26,560 --> 01:12:26,960
Speaker 2: going to win it?

1585
01:12:28,040 --> 01:12:30,160
Speaker 24: Look, we're working incredibly hard to turn out the vote,

1586
01:12:30,200 --> 01:12:32,240
Speaker 24: and that's what the power Labor has. So we'll have

1587
01:12:32,680 --> 01:12:35,519
Speaker 24: hundreds of volunteers to make sure that people voting to

1588
01:12:35,600 --> 01:12:38,400
Speaker 24: panic out and vote, and I'll be working alongside of

1589
01:12:38,560 --> 01:12:40,479
Speaker 24: a bunch of other people to make sure we That.

1590
01:12:40,520 --> 01:12:42,120
Speaker 2: Sort of sounds like you're losing and you think you're

1591
01:12:42,120 --> 01:12:42,640
Speaker 2: going to lose it.

1592
01:12:43,080 --> 01:12:46,080
Speaker 24: No votes like this on by elections and low tune out,

1593
01:12:46,160 --> 01:12:48,719
Speaker 24: low voter tune out as it's.

1594
01:12:48,600 --> 01:12:50,040
Speaker 2: A lot of funny because I would have thought this

1595
01:12:50,160 --> 01:12:51,800
Speaker 2: is as far as by elections got. This is a

1596
01:12:51,840 --> 01:12:53,360
Speaker 2: gripping one, isn't it, Because it could have been so

1597
01:12:53,760 --> 01:12:55,840
Speaker 2: could have given all the background to it. It's like

1598
01:12:55,960 --> 01:12:57,439
Speaker 2: it's all to play for, isn't it.

1599
01:12:59,479 --> 01:13:01,000
Speaker 24: We know it's to be a tight race, but we

1600
01:13:01,120 --> 01:13:04,240
Speaker 24: know pen is an excellent candidate. He's been working incredibly hard.

1601
01:13:04,400 --> 01:13:06,439
Speaker 24: So we'll be working you for a single data to

1602
01:13:06,520 --> 01:13:08,360
Speaker 24: bring home a one for home and it will be excited.

1603
01:13:08,479 --> 01:13:10,240
Speaker 2: All right. Nice to see you guys. Enjoy the games,

1604
01:13:10,280 --> 01:13:12,320
Speaker 2: Mark Ginny, enjoy FGM. We'll catch up next week.

1605
01:13:12,400 --> 01:13:16,879
Speaker 1: A twenty two The Mike Casting Breakfast with a Vida Retirement,

1606
01:13:16,920 --> 01:13:18,519
Speaker 1: Communities News togs Head b.

1607
01:13:19,040 --> 01:13:21,400
Speaker 2: Now, if you're thinking of renovating the kitchen, spring just

1608
01:13:21,479 --> 01:13:23,200
Speaker 2: around the corner, A very good time to be doing this.

1609
01:13:23,320 --> 01:13:26,200
Speaker 2: Premium kitchen DOY format. Who will be talking about you

1610
01:13:26,520 --> 01:13:30,120
Speaker 2: do it DIY kitchens. It means great savings, no compromise

1611
01:13:30,160 --> 01:13:32,519
Speaker 2: on quality. By the way, for almost fifty years, very

1612
01:13:32,560 --> 01:13:34,919
Speaker 2: proud Key company, which we love. They've been helping homeowners

1613
01:13:35,000 --> 01:13:38,960
Speaker 2: create that superior quality kitchen incredibly affordable prices. So how

1614
01:13:39,040 --> 01:13:42,240
Speaker 2: do they do the affordability? Well, basically, you do the design.

1615
01:13:42,360 --> 01:13:45,479
Speaker 2: So they're easy tools that you customize cabinet sizes no

1616
01:13:45,600 --> 01:13:48,160
Speaker 2: extra cost. You can choose from over thirty five colors.

1617
01:13:48,400 --> 01:13:50,479
Speaker 2: Then once you've locked in that design, you do it.

1618
01:13:50,640 --> 01:13:51,519
Speaker 2: U d uit.

1619
01:13:52,080 --> 01:13:52,439
Speaker 18: You do it.

1620
01:13:52,520 --> 01:13:55,800
Speaker 2: Team with Precision will manufacture your kitchen right here on

1621
01:13:55,840 --> 01:13:58,599
Speaker 2: the country only seven days. Everything's dispatched to your door.

1622
01:13:58,680 --> 01:14:01,200
Speaker 2: You don't need to be a DIY pro because assembly's easy.

1623
01:14:01,600 --> 01:14:04,160
Speaker 2: Local DIY experts are only an email away. And when

1624
01:14:04,200 --> 01:14:07,639
Speaker 2: the housing markets flat, strategic improvements are your best investments.

1625
01:14:07,680 --> 01:14:10,320
Speaker 2: So get the exact kitchen you want, real add the

1626
01:14:10,360 --> 01:14:12,560
Speaker 2: real value to your home, say thousands of dollars in

1627
01:14:12,600 --> 01:14:14,640
Speaker 2: the process. It's you do it, U d u. I

1628
01:14:14,840 --> 01:14:18,320
Speaker 2: t their customers proud to say I did it myself.

1629
01:14:19,000 --> 01:14:21,760
Speaker 2: Husky rideo contest who does the best Russian? Here we go,

1630
01:14:22,760 --> 01:14:24,960
Speaker 2: somebody goes whole or walcom pool through G you go

1631
01:14:25,080 --> 01:14:31,760
Speaker 2: hang on, tell me, okay one more time, so me first.

1632
01:14:31,800 --> 01:14:34,639
Speaker 2: Then Jenny, somebody goes whole or walk on pool through

1633
01:14:34,720 --> 01:14:44,240
Speaker 2: G you go hang on, tell me. She had a

1634
01:14:44,360 --> 01:14:48,360
Speaker 2: huskier voice so she could be like the undercover spy.

1635
01:14:48,520 --> 01:14:50,280
Speaker 2: But I think I went it Russian, v rah.

1636
01:14:50,200 --> 01:14:51,840
Speaker 4: Oh, Russian, You're not Pakistani?

1637
01:14:52,600 --> 01:14:57,040
Speaker 2: Sam thought it was said, no, Sam, you were. You

1638
01:14:57,080 --> 01:14:59,400
Speaker 2: were being racist, just not that racist, not that racist

1639
01:14:59,640 --> 01:15:01,000
Speaker 2: news then, Steve.

1640
01:15:02,160 --> 01:15:05,200
Speaker 1: The only report you need to start your day The

1641
01:15:05,479 --> 01:15:10,000
Speaker 1: Mike Casting Breakfast with a Vida, Retirement, Communities, Life Your

1642
01:15:10,080 --> 01:15:11,320
Speaker 1: Way News, togs head.

1643
01:15:11,200 --> 01:15:14,320
Speaker 2: Be Mike thoughts on Sugio Perez Vulteri botas being announced

1644
01:15:14,360 --> 01:15:16,799
Speaker 2: as drivers for Cadillac. I think Perez has cooked mentally.

1645
01:15:16,960 --> 01:15:18,600
Speaker 2: It's one thing not to handle the car set up,

1646
01:15:18,600 --> 01:15:21,360
Speaker 2: it's another not to stop the grid mark arm. The

1647
01:15:21,479 --> 01:15:23,720
Speaker 2: interesting thing if you missed it. So Cadillac eleventh team

1648
01:15:23,760 --> 01:15:26,959
Speaker 2: they start next year. Sugio Perez Valteri Bot has references

1649
01:15:27,040 --> 01:15:28,519
Speaker 2: the other day. That's been the hot word for a

1650
01:15:28,560 --> 01:15:30,360
Speaker 2: while now. There was going to be this idea that

1651
01:15:30,439 --> 01:15:33,719
Speaker 2: you have somebody sees in somebody young and maybe somebody

1652
01:15:33,760 --> 01:15:36,360
Speaker 2: American who's young. Didn't turn out to be the case.

1653
01:15:36,400 --> 01:15:38,240
Speaker 2: Somebody else quite rightly pointed out that if you've got

1654
01:15:38,240 --> 01:15:39,720
Speaker 2: a couple of old heads on there, they're not going

1655
01:15:39,800 --> 01:15:41,360
Speaker 2: to crash the carr every second. We can cost you

1656
01:15:41,360 --> 01:15:43,240
Speaker 2: a small fortune. So there'll be that at play. But

1657
01:15:43,320 --> 01:15:45,160
Speaker 2: The drivers aren't the point. The car is the point.

1658
01:15:45,880 --> 01:15:48,640
Speaker 2: Can those guys win in a good car? Probably? Or

1659
01:15:48,680 --> 01:15:50,880
Speaker 2: can they do well in a good car? Probably? Can

1660
01:15:50,960 --> 01:15:52,599
Speaker 2: they do well in a bad car? No, they can't.

1661
01:15:52,680 --> 01:15:54,840
Speaker 2: So the key is not the driver. The key is

1662
01:15:54,880 --> 01:15:56,439
Speaker 2: the car and what it looks like and how will

1663
01:15:56,479 --> 01:15:56,840
Speaker 2: it goes?

1664
01:15:56,880 --> 01:16:01,280
Speaker 1: Twenty three to Night International Correspondence. It ends at Eye Insurance,

1665
01:16:01,479 --> 01:16:05,000
Speaker 1: Peace of mind for New Zealand business with US in Australia.

1666
01:16:04,600 --> 01:16:06,000
Speaker 17: Morning made Goody.

1667
01:16:06,200 --> 01:16:08,559
Speaker 2: I was watching Old Elbow yesterday when it all unfolded.

1668
01:16:09,280 --> 01:16:12,040
Speaker 2: We didn't not the UK, but we didn't seem to

1669
01:16:12,120 --> 01:16:14,439
Speaker 2: cover it in this country that well it was. It

1670
01:16:14,520 --> 01:16:18,000
Speaker 2: struck me as like, hell, you don't boot diplomats out

1671
01:16:18,040 --> 01:16:20,280
Speaker 2: of countries. This is a rare event. Was it as

1672
01:16:20,439 --> 01:16:22,360
Speaker 2: major to you as it seemed to me?

1673
01:16:23,439 --> 01:16:25,600
Speaker 21: It was as major as it could be yesterday, and

1674
01:16:25,640 --> 01:16:27,360
Speaker 21: it's going to get bigger. We don't have the full

1675
01:16:27,400 --> 01:16:29,720
Speaker 21: detail yet, Mike, and when we do, I think we're

1676
01:16:29,800 --> 01:16:32,680
Speaker 21: going to be quite shocked. Now the bottom line here

1677
01:16:32,880 --> 01:16:39,200
Speaker 21: is that the Iranian government, via its revolutionary core, which

1678
01:16:39,280 --> 01:16:42,760
Speaker 21: is a terrorized which is a defined terrorist organization in

1679
01:16:42,840 --> 01:16:46,080
Speaker 21: most countries included the US and Canada. And that's a

1680
01:16:46,160 --> 01:16:48,880
Speaker 21: mood point here because we have not declared it as such,

1681
01:16:49,560 --> 01:16:52,920
Speaker 21: and yet the coalition government, coalition in opposition called for

1682
01:16:53,000 --> 01:16:57,280
Speaker 21: that two years ago. The word is that as I

1683
01:16:57,439 --> 01:17:01,679
Speaker 21: was discovered that during and after the October seven attacks,

1684
01:17:02,280 --> 01:17:05,640
Speaker 21: they used a web of spies and organized criminals to

1685
01:17:05,800 --> 01:17:09,880
Speaker 21: launch anti Semitic Semitic attacks. You and I've talked a

1686
01:17:09,960 --> 01:17:13,559
Speaker 21: lot about how anti Semitism just exploded in this country

1687
01:17:14,720 --> 01:17:22,400
Speaker 21: figuratively and in practice after the Hamas attacks. So the

1688
01:17:22,640 --> 01:17:25,200
Speaker 21: attack on the Adas Synagogue in Melbourne and on a

1689
01:17:25,439 --> 01:17:28,280
Speaker 21: food venue in Sydney where they were both firebombed, that

1690
01:17:28,360 --> 01:17:31,479
Speaker 21: have been the two targets that Azo said have been

1691
01:17:31,600 --> 01:17:36,760
Speaker 21: organized by Iran using it appears, organized criminals, some Australians

1692
01:17:36,880 --> 01:17:40,519
Speaker 21: based in the Middle East, one man in particular in Iraq,

1693
01:17:41,080 --> 01:17:44,920
Speaker 21: he's living there, who's actually running the fire bombing of

1694
01:17:45,040 --> 01:17:49,560
Speaker 21: cigarette shops in this country. He was a middleman, and

1695
01:17:49,680 --> 01:17:55,240
Speaker 21: then they recruited on the ground relatively young, inexperienced criminals

1696
01:17:55,360 --> 01:17:59,160
Speaker 21: to carry out these attacks. And so what happens is

1697
01:17:59,240 --> 01:18:01,960
Speaker 21: the Israelian that he's been thrown out of the country.

1698
01:18:02,000 --> 01:18:05,680
Speaker 21: That's the first time a diplomat at ambassadorial level has

1699
01:18:05,720 --> 01:18:09,120
Speaker 21: been shown the door. He was pictured last night leaving

1700
01:18:09,560 --> 01:18:15,000
Speaker 21: the Iranian embassy in Canberra after dark. They shielded their faces,

1701
01:18:15,080 --> 01:18:17,680
Speaker 21: the Iranians and I presume they had the Sydney to

1702
01:18:17,760 --> 01:18:20,240
Speaker 21: get out of the country. At the very same time,

1703
01:18:20,360 --> 01:18:24,240
Speaker 21: and you know, probably only twenty four hours earlier, Australia's

1704
01:18:24,240 --> 01:18:28,080
Speaker 21: ambassador to TEHRANI and McConville, he fled the country, took

1705
01:18:28,120 --> 01:18:32,680
Speaker 21: with him two five staff and two dependents. All Australians

1706
01:18:32,760 --> 01:18:34,519
Speaker 21: were told that they're not safe in Iran and they

1707
01:18:34,560 --> 01:18:38,120
Speaker 21: should leave the country immediately. There's no diplomatic support for

1708
01:18:38,240 --> 01:18:41,840
Speaker 21: them there in Iran. Now this is going to get

1709
01:18:41,880 --> 01:18:44,400
Speaker 21: a lot bigger. There is a suggestion from the AZO

1710
01:18:44,560 --> 01:18:48,960
Speaker 21: Director General, Mike Burgas that they have been involved potentially

1711
01:18:49,040 --> 01:18:53,480
Speaker 21: in other anti Semitic attacks across Australia, not just graffiti

1712
01:18:53,600 --> 01:18:57,760
Speaker 21: but physical attacks, and the investigation is still alive. We

1713
01:18:57,920 --> 01:19:02,599
Speaker 21: understand there's been at least one arrest, but there's been

1714
01:19:02,640 --> 01:19:05,960
Speaker 21: no court appearance yet, so that will also develop today.

1715
01:19:06,360 --> 01:19:09,320
Speaker 21: So they've got the politics of it that the Iranian

1716
01:19:09,880 --> 01:19:13,000
Speaker 21: Revolutionary Guards should have been declared a terrorist organization two

1717
01:19:13,080 --> 01:19:16,439
Speaker 21: years ago. That politics and on the ground it's more

1718
01:19:16,439 --> 01:19:17,880
Speaker 21: about what do we do next?

1719
01:19:18,400 --> 01:19:20,200
Speaker 2: Is Iran denying it? Have they said anything?

1720
01:19:21,120 --> 01:19:25,080
Speaker 21: Iran has said that Australia are now lackeys of the

1721
01:19:25,200 --> 01:19:29,680
Speaker 21: exact quote. Is Australias aligning itself with Zionist policies and

1722
01:19:29,840 --> 01:19:32,519
Speaker 21: warning it might take diplomatic action. Well, there's not much

1723
01:19:32,560 --> 01:19:34,519
Speaker 21: they can do because our ambassador's already gone.

1724
01:19:34,880 --> 01:19:36,559
Speaker 2: Not that you'd defend any of this, but I mean

1725
01:19:36,640 --> 01:19:39,439
Speaker 2: having said that, between that and Israel and the net

1726
01:19:39,479 --> 01:19:43,160
Speaker 2: Nyahuo attacks and warm I mean it's pretty angst, isn't it.

1727
01:19:44,600 --> 01:19:46,800
Speaker 21: It is And if you look at it through the

1728
01:19:47,120 --> 01:19:50,479
Speaker 21: lenses you've just done Okay. You know a week ago

1729
01:19:50,520 --> 01:19:53,920
Speaker 21: the Prime Minister was saying we should recognize Palestine, having

1730
01:19:54,000 --> 01:19:58,519
Speaker 21: chats over the phone to a bass I mean, the

1731
01:19:58,640 --> 01:20:01,280
Speaker 21: situation could not be worse in what was two very

1732
01:20:01,360 --> 01:20:04,840
Speaker 21: strong allies. And I think there's a lot to play

1733
01:20:04,880 --> 01:20:08,200
Speaker 21: out of this absolutely through the rest of the week.

1734
01:20:08,160 --> 01:20:11,479
Speaker 2: Right Northern Victoria or Northeastern Victoria. The Mike Bush, your

1735
01:20:11,560 --> 01:20:13,880
Speaker 2: new police Commission to ex New Zealand's got his work

1736
01:20:13,880 --> 01:20:14,960
Speaker 2: cut out here. So what do we know?

1737
01:20:16,320 --> 01:20:18,880
Speaker 21: Yeah, he did a large media conference from Facebook Wangaratta

1738
01:20:18,920 --> 01:20:21,280
Speaker 21: last night. I was doing sky, so we took that live.

1739
01:20:22,400 --> 01:20:24,719
Speaker 21: He looked to me under be a favorit of pressure.

1740
01:20:24,760 --> 01:20:27,439
Speaker 21: He looked pretty nervous, and why wouldn't you be. What

1741
01:20:27,600 --> 01:20:33,280
Speaker 21: we know is that a man yesterday, Desi Freeman is

1742
01:20:33,360 --> 01:20:37,439
Speaker 21: his name, and he's one of those very strange people

1743
01:20:37,520 --> 01:20:41,120
Speaker 21: that call themselves sovereign citizens. He was hold up in

1744
01:20:41,200 --> 01:20:45,080
Speaker 21: a remote camp in northeast Victoria. He was living in

1745
01:20:45,160 --> 01:20:48,160
Speaker 21: a bus on this property. Police turned up at the

1746
01:20:48,160 --> 01:20:53,479
Speaker 21: property yesterday to execute a search warrant over concerns around firearms. Boy,

1747
01:20:53,640 --> 01:20:56,960
Speaker 21: did they have concerns. There was ten police went there,

1748
01:20:57,040 --> 01:20:59,160
Speaker 21: So that gives you an idea that when they decided

1749
01:20:59,240 --> 01:21:02,320
Speaker 21: to to talk to Desi Freeman, they thought they might

1750
01:21:02,400 --> 01:21:06,320
Speaker 21: get some problems. And when they opened the door of

1751
01:21:06,360 --> 01:21:09,840
Speaker 21: the bus, Freeman exploded out of the bus with armed

1752
01:21:09,880 --> 01:21:13,599
Speaker 21: with a shotgun. He shot two two police officers dead.

1753
01:21:13,720 --> 01:21:16,400
Speaker 21: It was described by police last night as an execution,

1754
01:21:17,240 --> 01:21:19,679
Speaker 21: one of fifty nine year old who was about to retire.

1755
01:21:19,720 --> 01:21:22,400
Speaker 21: The other, a thirty seven year old who's only been

1756
01:21:22,439 --> 01:21:25,040
Speaker 21: in the four since twenty nineteen. Wounded a third police

1757
01:21:25,080 --> 01:21:29,720
Speaker 21: officer and then Freeman disappeared. Now he's still on the run.

1758
01:21:30,080 --> 01:21:32,040
Speaker 21: He has a wife and two children. There are reports

1759
01:21:32,120 --> 01:21:34,920
Speaker 21: yesterday they may have in fact gone with him into

1760
01:21:35,000 --> 01:21:38,280
Speaker 21: the bush. That's not true. They've now been found alive

1761
01:21:38,360 --> 01:21:41,400
Speaker 21: and well. And the amount of police resources they're throwing

1762
01:21:41,479 --> 01:21:45,280
Speaker 21: at this is extraordinary. They've got obviously air support from choppers,

1763
01:21:46,120 --> 01:21:49,360
Speaker 21: they've got Special Operations Group police from Melbourne and from Sydney.

1764
01:21:49,960 --> 01:21:54,040
Speaker 21: It's very remote territory. It's at the bottom of the

1765
01:21:54,160 --> 01:21:57,360
Speaker 21: ski resorts in Victoria. Would have been really cold up

1766
01:21:57,400 --> 01:21:59,599
Speaker 21: there last night, would have been certainly down around minds

1767
01:21:59,640 --> 01:22:02,519
Speaker 21: fire and they've just got to fire this boat. And

1768
01:22:02,640 --> 01:22:04,280
Speaker 21: this is the worst police shooting we've had for a

1769
01:22:04,400 --> 01:22:04,960
Speaker 21: very long time.

1770
01:22:05,360 --> 01:22:07,040
Speaker 2: Quick update if you wouldn't mind, because you mentioned it

1771
01:22:07,040 --> 01:22:08,439
Speaker 2: the other day. I'm just reading that there was a

1772
01:22:08,479 --> 01:22:11,000
Speaker 2: meeting within the coalition and she must be lay must

1773
01:22:11,040 --> 01:22:12,760
Speaker 2: be in real trouble because kenneben leve this this is

1774
01:22:12,840 --> 01:22:14,760
Speaker 2: a net zero thing and it's sort of you know,

1775
01:22:14,880 --> 01:22:16,639
Speaker 2: the Conservatives be the Liberals if you want to put

1776
01:22:16,640 --> 01:22:18,839
Speaker 2: it that way. Is this going to be an internal

1777
01:22:18,960 --> 01:22:21,479
Speaker 2: scrap that's going to hurt them, Well.

1778
01:22:21,400 --> 01:22:23,040
Speaker 21: It's going to go for a long time, and you've

1779
01:22:23,080 --> 01:22:26,080
Speaker 21: got this government's got another full term and probably another

1780
01:22:26,120 --> 01:22:30,720
Speaker 21: one after that. Susan Lee's tried to distract people by

1781
01:22:30,800 --> 01:22:33,800
Speaker 21: having an inquiry into whether they should remain signed up

1782
01:22:33,840 --> 01:22:34,960
Speaker 21: to net zero or not.

1783
01:22:35,120 --> 01:22:37,040
Speaker 10: That's being led by one of.

1784
01:22:37,360 --> 01:22:44,880
Speaker 21: A shadow ministers, Dan Tigan. Look, I think in general

1785
01:22:44,920 --> 01:22:47,040
Speaker 21: when people look at why we signed up to net zero,

1786
01:22:47,160 --> 01:22:48,799
Speaker 21: you say, well, you're not going to get there anyway,

1787
01:22:49,320 --> 01:22:52,439
Speaker 21: so what is the point. You're just causing yourself political

1788
01:22:52,560 --> 01:22:56,600
Speaker 21: damage and you're not actually doing anything. It's not going

1789
01:22:56,680 --> 01:22:59,880
Speaker 21: to change the climate, it's not going to save the planet,

1790
01:23:00,040 --> 01:23:02,600
Speaker 21: so why not get out of it? Say that you

1791
01:23:03,280 --> 01:23:06,000
Speaker 21: support the fact that there is climate change and need

1792
01:23:06,080 --> 01:23:08,519
Speaker 21: to do something about it. But signing up to these

1793
01:23:08,560 --> 01:23:11,200
Speaker 21: sorts of documents when countries like the United States are not,

1794
01:23:11,680 --> 01:23:12,560
Speaker 21: why not get out of it?

1795
01:23:12,920 --> 01:23:15,120
Speaker 2: Interesting article I read about there was in Parliament the

1796
01:23:15,200 --> 01:23:19,559
Speaker 2: other day. So the inference being that half her caucus

1797
01:23:20,439 --> 01:23:22,599
Speaker 2: was sitting on laptops and phones and not paying attention

1798
01:23:22,680 --> 01:23:24,320
Speaker 2: to what was going on and under Dutton and you

1799
01:23:24,400 --> 01:23:27,000
Speaker 2: never saw a laptop, you never saw a tablet. Are

1800
01:23:27,040 --> 01:23:29,200
Speaker 2: they on board with her or are they white anting hero?

1801
01:23:29,640 --> 01:23:30,720
Speaker 2: I mean, what's going on there?

1802
01:23:32,280 --> 01:23:34,759
Speaker 21: Well, when you lose by the amount that the coalition

1803
01:23:34,960 --> 01:23:37,840
Speaker 21: lost to a government that's now got ninety four seats

1804
01:23:37,880 --> 01:23:41,280
Speaker 21: in the Lower House. It's a deflating thing and there

1805
01:23:41,320 --> 01:23:44,120
Speaker 21: are a lot of people who are divided. It's more

1806
01:23:44,160 --> 01:23:47,240
Speaker 21: than Nationals rather than the Liberals, but there is a

1807
01:23:47,320 --> 01:23:50,120
Speaker 21: split in both camps and they've got to fix it

1808
01:23:50,240 --> 01:23:52,799
Speaker 21: up or they've just got no hope of ever being reelected.

1809
01:23:52,880 --> 01:23:54,600
Speaker 2: Could only make we'll catch up next week. Appreciate it

1810
01:23:54,640 --> 01:23:56,200
Speaker 2: very much. Here's an interesting piece if you want to

1811
01:23:56,200 --> 01:23:59,000
Speaker 2: read in the Sydney Morning Herald performance of the forty

1812
01:23:59,000 --> 01:24:03,160
Speaker 2: three opposition members in question time Monday. Embarrassing flat would

1813
01:24:03,160 --> 01:24:06,760
Speaker 2: be an understatement. So eight forty five The.

1814
01:24:07,000 --> 01:24:11,240
Speaker 1: Like Asking Breakfast Full Show podcast on iHeartRadio powered by

1815
01:24:11,320 --> 01:24:12,120
Speaker 1: News Talks.

1816
01:24:11,840 --> 01:24:15,320
Speaker 2: At b Actually, just before we leave Australia, I note

1817
01:24:15,320 --> 01:24:18,240
Speaker 2: that Cole's yesterday. This goes back to the whole supermarket equation.

1818
01:24:18,400 --> 01:24:20,240
Speaker 2: Are we being fleeced? Do you want to break up

1819
01:24:20,240 --> 01:24:22,920
Speaker 2: the supermarket industry in this country? Do we need more players? Well,

1820
01:24:22,920 --> 01:24:25,200
Speaker 2: Australia's got more players. They got a lot more players

1821
01:24:25,200 --> 01:24:27,400
Speaker 2: and they've got a lot more competition. Are people happy, No,

1822
01:24:27,520 --> 01:24:29,280
Speaker 2: they're not. Do they think they're getting ripped off? Yes?

1823
01:24:29,360 --> 01:24:29,600
Speaker 17: They do.

1824
01:24:30,360 --> 01:24:32,760
Speaker 2: Stock lost volumes have fallen back because they've had crime

1825
01:24:32,800 --> 01:24:34,720
Speaker 2: in Australia just the way we've had crime here. They've

1826
01:24:34,760 --> 01:24:37,479
Speaker 2: introduced all sorts of security measures, camera monitoring, they call

1827
01:24:37,520 --> 01:24:42,839
Speaker 2: it skip scan, security gates, smart gates, bottom of trolley technology.

1828
01:24:42,880 --> 01:24:45,000
Speaker 2: I'm not seeing there's the bottom of trolley technology here.

1829
01:24:45,000 --> 01:24:47,320
Speaker 2: I'm not seeing that here. Anyway, they've got it over there.

1830
01:24:47,439 --> 01:24:50,960
Speaker 2: So the point being body worn cameras, by the way

1831
01:24:51,000 --> 01:24:53,759
Speaker 2: in some of the shops, the whole thing anyway. Cole's

1832
01:24:54,040 --> 01:24:57,160
Speaker 2: yesterday supermarket Land of the Free, Home of the brave.

1833
01:24:57,160 --> 01:24:59,320
Speaker 2: Why don't we all move there? Because it's just so fantastic.

1834
01:24:59,400 --> 01:25:01,519
Speaker 2: Coals sale rose three point six percent. How much do

1835
01:25:01,560 --> 01:25:04,799
Speaker 2: they bring it? Forty five billion dollars? Forty five billion

1836
01:25:04,840 --> 01:25:08,160
Speaker 2: dollars just one supermarket. Underlying net profit rising three point

1837
01:25:08,200 --> 01:25:10,200
Speaker 2: one percent to nearly one point two billion dollars one

1838
01:25:10,240 --> 01:25:12,000
Speaker 2: point two billion dollars in profit. You look at that

1839
01:25:12,080 --> 01:25:14,080
Speaker 2: number and go, oh, they're wrapping us off. Bet you do.

1840
01:25:14,960 --> 01:25:17,599
Speaker 2: Grocery sales increase four point three percent to nearly forty

1841
01:25:17,680 --> 01:25:21,360
Speaker 2: billion dollars. They're doing fewer but deeper promotions. She's speaking

1842
01:25:21,400 --> 01:25:23,679
Speaker 2: at promotions. Kadie brought home the last of the Smeg

1843
01:25:23,800 --> 01:25:28,280
Speaker 2: last night. So we've got the I don't know, utensil holder.

1844
01:25:28,360 --> 01:25:31,720
Speaker 2: Does that make sense? A little tray utensil holder. We've

1845
01:25:31,760 --> 01:25:35,479
Speaker 2: now got two utensil holders. And I said, what'd you

1846
01:25:35,560 --> 01:25:37,519
Speaker 2: do that for? And she goes, well, because I had

1847
01:25:37,560 --> 01:25:39,760
Speaker 2: the stickers and the promotions coming to an end, and

1848
01:25:39,800 --> 01:25:41,320
Speaker 2: we're starting to get the aks around that if you

1849
01:25:41,360 --> 01:25:43,040
Speaker 2: hadn't followed this Smeg thing, we're starting to get the

1850
01:25:43,120 --> 01:25:46,240
Speaker 2: we've run out of product angst, and we've still got stickers. Anyway,

1851
01:25:46,320 --> 01:25:48,400
Speaker 2: So she had some stickers and she was determined, not

1852
01:25:48,600 --> 01:25:50,360
Speaker 2: enough stickers for the big stuff, but enough stickers for

1853
01:25:50,439 --> 01:25:54,160
Speaker 2: the utensil holder. She was determined to bring something home

1854
01:25:54,960 --> 01:25:56,439
Speaker 2: and I said, well, we've already got one of those.

1855
01:25:56,439 --> 01:25:57,600
Speaker 2: We're going to do with that. She goes, oh, I

1856
01:25:57,640 --> 01:25:59,559
Speaker 2: don't know, give it away, said give it away. It's free.

1857
01:26:00,320 --> 01:26:03,839
Speaker 2: Be giving it away too. So we've now got a spearebe.

1858
01:26:03,360 --> 01:26:06,040
Speaker 4: Next month they'll have a cutlery giveaway and you can

1859
01:26:06,240 --> 01:26:08,400
Speaker 4: fill those utensil holders up.

1860
01:26:08,640 --> 01:26:10,920
Speaker 2: I don't know. No, No, it's a flat one. It's

1861
01:26:10,960 --> 01:26:13,280
Speaker 2: a little flat one that when you're cooking with a spatula.

1862
01:26:13,600 --> 01:26:15,040
Speaker 4: Oh, it's just like a thing to put you.

1863
01:26:15,240 --> 01:26:15,680
Speaker 17: It's like it.

1864
01:26:16,160 --> 01:26:18,880
Speaker 2: Imagine you're in school and they say make something interesting

1865
01:26:18,960 --> 01:26:20,680
Speaker 2: with clay and you shape it into a.

1866
01:26:20,720 --> 01:26:23,200
Speaker 4: Ser thinking it was like a little caddy for your cutlery.

1867
01:26:23,320 --> 01:26:25,000
Speaker 2: It's if it was. If it was a caddy, I

1868
01:26:25,040 --> 01:26:27,120
Speaker 2: would have called it a caddy. It's so what you

1869
01:26:27,200 --> 01:26:30,320
Speaker 2: do is you flatten your clay flat. It's one of

1870
01:26:30,400 --> 01:26:33,280
Speaker 2: those so and you put some.

1871
01:26:34,400 --> 01:26:36,000
Speaker 4: Because you certainly wouldn't want to have to, I don't know,

1872
01:26:36,160 --> 01:26:36,720
Speaker 4: use a cloth and.

1873
01:26:36,720 --> 01:26:39,799
Speaker 2: Clean exactly precisely. So we've got two of us. Anyway,

1874
01:26:40,040 --> 01:26:42,519
Speaker 2: where was I so Woolworth's report today. What I'm saying

1875
01:26:42,640 --> 01:26:45,040
Speaker 2: is there's billions of dollars in supermarkets. It costs a

1876
01:26:45,080 --> 01:26:46,800
Speaker 2: lot of money, it makes a lot of money. And

1877
01:26:47,040 --> 01:26:49,400
Speaker 2: if you want to see it as a ripoff industry.

1878
01:26:49,439 --> 01:26:51,760
Speaker 4: Yeah, you fell a stone. It's actually called a utensil rest.

1879
01:26:51,840 --> 01:26:53,400
Speaker 4: If you'd said that then I would have known what.

1880
01:26:53,439 --> 01:26:54,160
Speaker 21: You were talking about.

1881
01:26:54,160 --> 01:26:54,200
Speaker 7: It.

1882
01:26:54,400 --> 01:26:56,160
Speaker 2: It's a too flash for me. It's a ut We've

1883
01:26:56,200 --> 01:27:00,799
Speaker 2: got two utensil rests, and we decided that the promotion

1884
01:27:00,960 --> 01:27:01,479
Speaker 2: thing's over.

1885
01:27:02,000 --> 01:27:02,040
Speaker 15: That.

1886
01:27:02,320 --> 01:27:05,000
Speaker 2: I got moderately excited at the start of that, thinking, oh, yeah,

1887
01:27:05,040 --> 01:27:07,360
Speaker 2: that's sort of useful. We've got it all. We got

1888
01:27:07,439 --> 01:27:09,000
Speaker 2: every single thing they had.

1889
01:27:09,520 --> 01:27:11,640
Speaker 4: And so you're having covered built to fit it all in.

1890
01:27:11,880 --> 01:27:13,720
Speaker 2: None of its use, None of it's useful. It's all

1891
01:27:13,760 --> 01:27:16,120
Speaker 2: getting given away to the kids. Eight away from nine.

1892
01:27:16,400 --> 01:27:20,000
Speaker 1: The Mike Hosking Breakfast with Rainthrowver News Togsdad b.

1893
01:27:20,120 --> 01:27:21,880
Speaker 2: Are you going to ask this question again tomorrow because

1894
01:27:21,880 --> 01:27:24,160
Speaker 2: it's too late today. But I've been talking to some people.

1895
01:27:24,280 --> 01:27:26,559
Speaker 2: People fly from Auckland to christ Church when they're going

1896
01:27:26,600 --> 01:27:29,120
Speaker 2: to Sydney. They fly from Auckland to christ Church so

1897
01:27:29,200 --> 01:27:31,120
Speaker 2: they can catch an emerate's flight to Sydney because they

1898
01:27:31,160 --> 01:27:33,120
Speaker 2: don't like in New Zealand. Is that a thing? And

1899
01:27:33,200 --> 01:27:35,519
Speaker 2: I've met more than one person who does that anyway.

1900
01:27:35,520 --> 01:27:37,759
Speaker 2: The reason I raise that is that christ Dutchy Airport

1901
01:27:37,760 --> 01:27:39,599
Speaker 2: has just announced they've made a lot more money. They're

1902
01:27:39,880 --> 01:27:42,320
Speaker 2: going well, like everything else in christ Church, strong performance

1903
01:27:42,360 --> 01:27:46,320
Speaker 2: and growth, revenue, profit dividends, passenger numbers. Total revenue two

1904
01:27:46,400 --> 01:27:49,160
Speaker 2: hundred seventy one million, up ten percent, underlying profit up

1905
01:27:49,240 --> 01:27:52,880
Speaker 2: nineteen percent. Total passenger number six point three nine million.

1906
01:27:52,920 --> 01:27:55,120
Speaker 2: That's four point eight three domestic and one point five

1907
01:27:55,200 --> 01:27:59,120
Speaker 2: six international. That's up two point three percent, a stronger

1908
01:27:59,160 --> 01:28:01,559
Speaker 2: transtasment shed. You'll see the schugital sye are written. There's

1909
01:28:01,560 --> 01:28:03,720
Speaker 2: something in there anyway. We'll come back to that. But

1910
01:28:03,920 --> 01:28:06,920
Speaker 2: congratulations another successful New Zealand company. We love those five

1911
01:28:07,040 --> 01:28:07,519
Speaker 2: to nine.

1912
01:28:07,920 --> 01:28:12,960
Speaker 1: Trending now with chemists, great savings every day.

1913
01:28:13,120 --> 01:28:15,160
Speaker 2: Right, if you've been watching the Biggest Loser documentary and

1914
01:28:15,160 --> 01:28:16,840
Speaker 2: you thought you're a loser for watching it, I've got

1915
01:28:16,880 --> 01:28:18,920
Speaker 2: some good news for Netflix. So women and a Woman

1916
01:28:19,000 --> 01:28:21,479
Speaker 2: in Cabin number ten, The woman in Cabin number ten's

1917
01:28:21,560 --> 01:28:24,679
Speaker 2: murder mystery journalist on a super yachts first voyage seeing

1918
01:28:24,760 --> 01:28:26,920
Speaker 2: someone fall to their death, everyone on board, denying it

1919
01:28:27,000 --> 01:28:27,599
Speaker 2: ever happens.

1920
01:28:28,000 --> 01:28:30,360
Speaker 25: Is an award winning journalist. It's doing a place for

1921
01:28:30,439 --> 01:28:32,719
Speaker 25: us on the Foundation. I know this is an unusual

1922
01:28:32,760 --> 01:28:36,360
Speaker 25: approach to charity. Three days in a luxury yacht. Laura

1923
01:28:36,400 --> 01:28:38,160
Speaker 25: here is going to be spying on us the world.

1924
01:28:38,200 --> 01:28:39,439
Speaker 1: A weaits with baited breath.

1925
01:28:40,280 --> 01:28:41,280
Speaker 23: Someone's gone overboard.

1926
01:28:42,439 --> 01:28:43,120
Speaker 11: What did you say?

1927
01:28:43,240 --> 01:28:45,320
Speaker 20: It's the woman next door, the woman from the cabinet.

1928
01:28:47,640 --> 01:28:50,120
Speaker 1: Yes, sir, that's what's so unusual. I was backing in

1929
01:28:50,320 --> 01:28:56,759
Speaker 1: around a chemist blacking. Everyone's accounted for these people.

1930
01:28:56,640 --> 01:28:57,200
Speaker 10: Run the world.

1931
01:28:57,960 --> 01:29:01,080
Speaker 1: Don't piss them off. You are a bit of a

1932
01:29:01,200 --> 01:29:05,559
Speaker 1: downa lowe. It's kind of toxic, my dear, Why would

1933
01:29:05,600 --> 01:29:09,519
Speaker 1: you be targeted to kill me? To silence me?

1934
01:29:11,760 --> 01:29:12,200
Speaker 10: I reckon?

1935
01:29:12,280 --> 01:29:14,400
Speaker 2: I could have picked that voice at the end. Listen

1936
01:29:14,439 --> 01:29:22,040
Speaker 2: to the cast Cure Nightly Scudlario as in The Gentleman, Brilliant,

1937
01:29:23,680 --> 01:29:33,200
Speaker 2: Hannah Waddingham, Guy pars Say No More, Netflix, October tenth.

1938
01:29:33,880 --> 01:29:37,920
Speaker 2: That's a slam dunk winner all day long. Don't you

1939
01:29:37,960 --> 01:29:42,280
Speaker 2: reckon anyway? It's ask for Wednesday tomorrow on the program

1940
01:29:42,400 --> 01:29:44,519
Speaker 2: Georgia Lyon's Apart from Anything in the studio For a

1941
01:29:44,640 --> 01:29:48,080
Speaker 2: song and a chat, we begin though No Excuses from

1942
01:29:48,200 --> 01:29:53,000
Speaker 2: six Happy Days Saday.

1943
01:30:03,880 --> 01:30:06,720
Speaker 1: For more from the mic Asking Breakfast, listen live to

1944
01:30:06,880 --> 01:30:09,920
Speaker 1: News Talks it' B from six am weekdays, or follow

1945
01:30:10,000 --> 01:30:11,520
Speaker 1: the podcast on iHeartRadio.