1 00:00:00,480 --> 00:00:05,960 Speaker 1: You're trusted home for news, Sport, Entertainment, opinion and Mike 2 00:00:06,240 --> 00:00:10,520 Speaker 1: the Mic asking Breakfast with a Veda, Retirement, Communities, Life 3 00:00:10,720 --> 00:00:12,520 Speaker 1: Your Way, News, Togsdad. 4 00:00:12,039 --> 00:00:14,080 Speaker 2: B Well you welcome to our new moves and social 5 00:00:14,160 --> 00:00:16,680 Speaker 2: housing as money deals to struck with banks. Speaking of 6 00:00:16,680 --> 00:00:19,520 Speaker 2: House's new statu show the market is moving on the up. 7 00:00:19,760 --> 00:00:22,200 Speaker 2: We talked to the new pharmac CEO, the R three 8 00:00:22,320 --> 00:00:25,479 Speaker 2: sixty Rugby. This is the one out of Saudi seems real. 9 00:00:25,520 --> 00:00:27,880 Speaker 2: The player raid is on Mardia limbsback in for a 10 00:00:27,920 --> 00:00:30,560 Speaker 2: catch up after eight jos and Italy and de Brady 11 00:00:30,600 --> 00:00:34,320 Speaker 2: does the UK asking welcome to Thursday seven past six. 12 00:00:34,360 --> 00:00:36,400 Speaker 2: Now forget the detail of the power reforms we dealt 13 00:00:36,400 --> 00:00:38,320 Speaker 2: with them yesterday. Let's deal with the politics of this 14 00:00:39,120 --> 00:00:41,159 Speaker 2: and a habit the government has that is hurting them. 15 00:00:41,159 --> 00:00:43,599 Speaker 2: There's a pattern here. The patterns the government tell us 16 00:00:43,640 --> 00:00:46,639 Speaker 2: there's something wrong. Could be banks, could be supermarkets, could 17 00:00:46,680 --> 00:00:48,879 Speaker 2: be power companies, could be airlines. The last government had 18 00:00:48,880 --> 00:00:51,960 Speaker 2: the same problem they took on petrol stations. The concern 19 00:00:52,080 --> 00:00:54,240 Speaker 2: is partially real. It's real because one there might be, 20 00:00:54,320 --> 00:00:56,200 Speaker 2: you know, bits and pieces of the sector that could 21 00:00:56,240 --> 00:00:59,280 Speaker 2: do with some tightening. Or tidying, and two thres almost 22 00:00:59,280 --> 00:01:01,760 Speaker 2: always consume concerned. Now, the consumer angst is part of 23 00:01:01,800 --> 00:01:04,559 Speaker 2: the problem, because the consumer will always see a problem, 24 00:01:04,640 --> 00:01:07,640 Speaker 2: whether there is one or not. That's why lazy journalists 25 00:01:07,640 --> 00:01:10,000 Speaker 2: do vox pops. Is butter too expensive? The answer will 26 00:01:10,000 --> 00:01:12,240 Speaker 2: always be yes. Doesn't mean that's a problem the government 27 00:01:12,280 --> 00:01:15,600 Speaker 2: can solve. So having stated the problem, you've then created 28 00:01:15,640 --> 00:01:18,720 Speaker 2: the expectation that you will do something about it. Trouble 29 00:01:18,760 --> 00:01:22,399 Speaker 2: with yesterday's power deal was the obligatory report suggested more 30 00:01:22,440 --> 00:01:24,800 Speaker 2: than actually eventuated by the time they got around making 31 00:01:24,840 --> 00:01:27,880 Speaker 2: a final decision. Hence the reputation and the reputation is 32 00:01:27,920 --> 00:01:29,960 Speaker 2: of a government that talks a lot, does a lot, 33 00:01:30,000 --> 00:01:33,720 Speaker 2: but the lot doesn't amount to much. Yesterday was your 34 00:01:33,760 --> 00:01:37,320 Speaker 2: classic example. The EA gets clearer writing instructions big deal. 35 00:01:37,840 --> 00:01:40,720 Speaker 2: The industry had a perception removed that the government don't 36 00:01:40,720 --> 00:01:42,479 Speaker 2: want to get into big projects. While a phone call 37 00:01:42,480 --> 00:01:44,520 Speaker 2: would have sorted that one, I would have thought, we 38 00:01:44,560 --> 00:01:48,600 Speaker 2: are to import in several years some LPG great. Nothing 39 00:01:48,640 --> 00:01:50,520 Speaker 2: wrong with any of that, and it would have landed 40 00:01:50,520 --> 00:01:53,559 Speaker 2: well if they hadn't given you the sense that reform 41 00:01:53,960 --> 00:01:56,960 Speaker 2: capital letters was on the way. Personally I've never thought 42 00:01:56,960 --> 00:01:58,720 Speaker 2: the industry is that broken. I mean labor and the 43 00:01:58,760 --> 00:02:01,840 Speaker 2: oil and gas debarkle for several years while we wait 44 00:02:01,880 --> 00:02:04,920 Speaker 2: for the windmills. But at Coldbridge is that gap. Like 45 00:02:05,000 --> 00:02:08,280 Speaker 2: butter and indeed airlines, there is generally logic as to 46 00:02:08,360 --> 00:02:11,560 Speaker 2: why things are the way they are. The report fell flat, 47 00:02:12,000 --> 00:02:14,239 Speaker 2: not because what was in it made no sense or 48 00:02:14,320 --> 00:02:17,480 Speaker 2: hurt an industry, but because it had a is that 49 00:02:17,560 --> 00:02:19,480 Speaker 2: it kind of feel about it, and it had that 50 00:02:19,520 --> 00:02:21,680 Speaker 2: feel about it because the government haven't worked out the 51 00:02:21,680 --> 00:02:25,920 Speaker 2: balance between hype and reality of their passion projects. Where 52 00:02:25,960 --> 00:02:30,200 Speaker 2: trouble sits allegedly banks, airlines, supermarkets, or power, namely the 53 00:02:30,240 --> 00:02:33,440 Speaker 2: one that materially is different because of what they did, 54 00:02:33,960 --> 00:02:37,480 Speaker 2: not what they said politically, that's their failing. 55 00:02:39,200 --> 00:02:41,680 Speaker 3: News of the world. In ninety seconds, you. 56 00:02:41,720 --> 00:02:45,320 Speaker 2: Were shutdowns on The next bit is the game of blame? 57 00:02:45,800 --> 00:02:47,720 Speaker 2: Does this look partisan? 58 00:02:48,440 --> 00:02:50,960 Speaker 4: Does this look dirty to you? 59 00:02:51,960 --> 00:02:56,400 Speaker 5: Twenty four pages to fund the government, nothing more, nothing laws, 60 00:02:56,520 --> 00:02:57,160 Speaker 5: nothing else. 61 00:02:57,480 --> 00:02:59,320 Speaker 2: Chuck. It was in the meeting with Trump. Look up 62 00:02:59,320 --> 00:03:00,600 Speaker 2: the photo. By the way, if you haven't seen that, 63 00:03:00,600 --> 00:03:02,840 Speaker 2: the Trump twenty twenty eight hits are really funny. Anyway, 64 00:03:03,000 --> 00:03:04,239 Speaker 2: you know who he blames. 65 00:03:03,960 --> 00:03:08,280 Speaker 6: The Republicans thought that they could barrel us into a 66 00:03:08,360 --> 00:03:11,400 Speaker 6: shutdown because they didn't want to protect the healthcare of 67 00:03:11,440 --> 00:03:12,440 Speaker 6: the American people. 68 00:03:13,160 --> 00:03:15,520 Speaker 3: Well now they've seen they can't bully us. 69 00:03:16,040 --> 00:03:17,600 Speaker 2: A few hours up the road in New York, we 70 00:03:17,680 --> 00:03:19,040 Speaker 2: got a building collapse in the Bronx. 71 00:03:19,160 --> 00:03:23,239 Speaker 7: This time, we have no loss of life or no injuries. 72 00:03:23,919 --> 00:03:27,720 Speaker 7: Frosty's finders quickly arrived on the scene and investigation is 73 00:03:27,800 --> 00:03:31,040 Speaker 7: currently under way to determine the cause of the incident. 74 00:03:31,080 --> 00:03:33,559 Speaker 7: We're still investigating to make that determination. 75 00:03:33,760 --> 00:03:35,680 Speaker 2: Then and broken a couple of things both from courts. 76 00:03:35,720 --> 00:03:38,440 Speaker 2: One the creeps from the Rochdale grooming gang got sentence 77 00:03:38,440 --> 00:03:41,080 Speaker 2: which will hopefully bring some form of closure for the victims. 78 00:03:41,160 --> 00:03:44,360 Speaker 8: Both women not only gave evidence during the trial, but 79 00:03:44,440 --> 00:03:48,720 Speaker 8: have assisted the court further by providing victim personal statements 80 00:03:48,760 --> 00:03:52,720 Speaker 8: describing in tragic detail the trauma they have parage for decades. 81 00:03:52,800 --> 00:03:54,960 Speaker 2: And Baroni is mine Michelle Mohne, who got her not 82 00:03:55,080 --> 00:03:58,240 Speaker 2: for services to lingerie. You can't make that up anyway. 83 00:03:58,360 --> 00:04:02,360 Speaker 2: She provided Dodgy ppe Ppe gear to the hospitals during COVID, 84 00:04:02,360 --> 00:04:03,960 Speaker 2: so the court is making her play one hundred and 85 00:04:03,960 --> 00:04:06,160 Speaker 2: twenty million quid Chancellor Thrill. 86 00:04:06,360 --> 00:04:10,400 Speaker 9: The previous government gave out contracts through a vip lane, 87 00:04:10,400 --> 00:04:13,720 Speaker 9: which we were very critical of at the time, and 88 00:04:13,880 --> 00:04:17,320 Speaker 9: the ppe provided by that company was not up to 89 00:04:17,480 --> 00:04:20,600 Speaker 9: the standards, and that's why we have pursued this in 90 00:04:20,640 --> 00:04:21,920 Speaker 9: the courts to get the money back. 91 00:04:22,080 --> 00:04:25,240 Speaker 2: Now the problem is moans appear and Rachel, as much 92 00:04:25,240 --> 00:04:27,000 Speaker 2: as she would like to, would like to get rid 93 00:04:27,040 --> 00:04:29,400 Speaker 2: of her peerage, but I don't think she can. We'll 94 00:04:29,400 --> 00:04:31,000 Speaker 2: talk to Indre about that later. In all sorts of 95 00:04:31,080 --> 00:04:33,240 Speaker 2: upset in Hollywood, of course over Tilly, Nor would Tilly's 96 00:04:33,240 --> 00:04:36,560 Speaker 2: in thespiring actress, except she isn't. She's AI. 97 00:04:36,720 --> 00:04:39,960 Speaker 10: We have to protect what we look like, not just actors, 98 00:04:40,160 --> 00:04:43,640 Speaker 10: but we have to protect our faces, our voices from 99 00:04:43,800 --> 00:04:46,880 Speaker 10: anyone taking them and using them in whatever way they wish. 100 00:04:47,120 --> 00:04:49,920 Speaker 2: Emily Blunts particularly exercise letters News of the World in 101 00:04:50,040 --> 00:04:53,880 Speaker 2: ninety loss at the Supreme Court for Trump. Lisa Cook, 102 00:04:53,920 --> 00:04:56,839 Speaker 2: who's the Fed Governor. She remains in her job until 103 00:04:56,839 --> 00:04:59,479 Speaker 2: they can do oral arguments in January, so that hasn't 104 00:04:59,480 --> 00:05:03,000 Speaker 2: gone well. Also overnight, interestingly, we don't know why the 105 00:05:03,040 --> 00:05:06,440 Speaker 2: bloke that Trump nominated to hit the Bureau of Labor statistics, 106 00:05:06,440 --> 00:05:10,400 Speaker 2: E J and Tony. He's pulled the nomination. A lot 107 00:05:10,400 --> 00:05:11,840 Speaker 2: of people said, this guy doesn't have a clue what 108 00:05:11,880 --> 00:05:13,960 Speaker 2: he's doing. He's not remotely qualified, so that might have 109 00:05:14,040 --> 00:05:15,440 Speaker 2: something to do with it, but the White House has 110 00:05:15,440 --> 00:05:17,440 Speaker 2: not given a reason for it. Twelve past six. 111 00:05:19,000 --> 00:05:23,880 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered 112 00:05:23,880 --> 00:05:24,600 Speaker 1: by News. 113 00:05:24,360 --> 00:05:25,080 Speaker 11: Talks EB. 114 00:05:26,880 --> 00:05:28,919 Speaker 2: From our Fun Numbers Game, I can tell you this 115 00:05:28,960 --> 00:05:31,240 Speaker 2: morning that in video yesterday crashed through four and a 116 00:05:31,279 --> 00:05:33,280 Speaker 2: half trillion by way of a market cap, And it 117 00:05:33,320 --> 00:05:34,960 Speaker 2: seemed like just a couple of weeks ago we were 118 00:05:34,960 --> 00:05:37,200 Speaker 2: getting excited that three million was the thing. Now it's 119 00:05:37,360 --> 00:05:39,800 Speaker 2: four and a half, just like that six fifteen. He 120 00:05:39,839 --> 00:05:44,280 Speaker 2: gets a business, I'm sure in partners this Thursday morning. 121 00:05:44,279 --> 00:05:47,520 Speaker 2: Andrew Callahan, good morning, yeah, very good morning. Right, building consents, 122 00:05:47,520 --> 00:05:49,440 Speaker 2: are we building a hammers swinging? 123 00:05:49,960 --> 00:05:51,000 Speaker 11: Well? Well they are. 124 00:05:51,880 --> 00:05:54,520 Speaker 12: I see catality of release their latest property sort of 125 00:05:54,560 --> 00:05:57,200 Speaker 12: residential property figures and the house sprice is still going 126 00:05:57,240 --> 00:05:58,200 Speaker 12: pretty much nowhere. 127 00:05:58,200 --> 00:06:01,080 Speaker 11: But if you're channeling the glass half. 128 00:06:00,920 --> 00:06:04,000 Speaker 12: Full starting position, which I suggest we need to do 129 00:06:04,040 --> 00:06:05,960 Speaker 12: if we're going to go anywhere in twenty twenty six, 130 00:06:06,960 --> 00:06:10,400 Speaker 12: I think I should suggest that we recognize that the 131 00:06:10,440 --> 00:06:13,360 Speaker 12: residential sector sort of in a number of senses. 132 00:06:13,200 --> 00:06:15,880 Speaker 11: Is stable, Mike. And stable is. 133 00:06:15,920 --> 00:06:20,320 Speaker 12: Good because predictable is good. It creates dependable expectations, doesn't it. 134 00:06:20,360 --> 00:06:23,360 Speaker 12: And I think that characterization is very appropriate for the 135 00:06:23,360 --> 00:06:26,840 Speaker 12: building consent number. So the number of consents gives basically, 136 00:06:26,880 --> 00:06:29,800 Speaker 12: it gives visibility and predictability to what's going to happen 137 00:06:30,080 --> 00:06:33,760 Speaker 12: in residential construction in the months ahead, because he can't build, 138 00:06:33,800 --> 00:06:36,880 Speaker 12: at least legally without a consent. So yet another case 139 00:06:36,920 --> 00:06:39,520 Speaker 12: here of sort of building the base, mic building the base. 140 00:06:39,560 --> 00:06:42,040 Speaker 12: For twenty twenty six and the twelve months to the 141 00:06:42,160 --> 00:06:45,760 Speaker 12: end of August twenty twenty five, thirty four thousand and 142 00:06:45,839 --> 00:06:49,720 Speaker 12: seventy eight new homes were consented. So that's a one 143 00:06:49,800 --> 00:06:53,240 Speaker 12: point three increase on the twelve months to August twenty 144 00:06:53,320 --> 00:06:56,680 Speaker 12: twenty four, still massively down, of course, on the crazy 145 00:06:56,720 --> 00:07:00,000 Speaker 12: times of twenty one and twenty two. That small up 146 00:07:00,320 --> 00:07:03,960 Speaker 12: driven by multi unit developments in Auckland and Otago. We 147 00:07:04,040 --> 00:07:05,800 Speaker 12: know that sort of day are lumpy and they come 148 00:07:05,839 --> 00:07:09,320 Speaker 12: and go. But August twenty five was notably better than 149 00:07:09,360 --> 00:07:13,080 Speaker 12: August twenty four. But Mike, what's really striking to me 150 00:07:13,400 --> 00:07:16,840 Speaker 12: is just how consistent these numbers have become. If I 151 00:07:16,880 --> 00:07:20,840 Speaker 12: look at the twelve month rolling total, it's been sitting 152 00:07:20,920 --> 00:07:24,040 Speaker 12: between thirty three thousand and thirty four thousand since. 153 00:07:23,920 --> 00:07:27,400 Speaker 11: June or July of last year, so it's just rock solid. 154 00:07:27,440 --> 00:07:30,600 Speaker 12: And if I look at the season the adjusted monthly numbers, 155 00:07:30,960 --> 00:07:33,920 Speaker 12: they have been sitting so for month to month, been 156 00:07:33,960 --> 00:07:36,360 Speaker 12: sitting between two and a half thousand and three thousand 157 00:07:36,480 --> 00:07:39,880 Speaker 12: since the middle of twenty twenty three, So that's almost 158 00:07:39,920 --> 00:07:42,720 Speaker 12: two years where the numbers just stayed completely stable. Now, 159 00:07:42,760 --> 00:07:44,320 Speaker 12: if I look at the two regions that kept that 160 00:07:44,400 --> 00:07:47,520 Speaker 12: number up Auckland fourteen and half thousand pretty much or 161 00:07:47,520 --> 00:07:50,240 Speaker 12: sort of roughly homes consented in the twelve months, that's 162 00:07:50,320 --> 00:07:52,440 Speaker 12: up five and a half per five point four percent. 163 00:07:52,560 --> 00:07:54,560 Speaker 11: The Tager is up sixteen percent. I don't know what's 164 00:07:54,560 --> 00:07:54,920 Speaker 11: going on. 165 00:07:54,840 --> 00:07:57,840 Speaker 2: In Central Attager. Is that Duneedin or Central Attager. 166 00:07:58,840 --> 00:08:01,680 Speaker 11: That will include the Central Lakes district? I guess, So 167 00:08:01,720 --> 00:08:03,040 Speaker 11: I guess that's where you get the lift. 168 00:08:03,040 --> 00:08:05,080 Speaker 12: That's where you're getting the lift, isn't it, because it's 169 00:08:05,120 --> 00:08:06,600 Speaker 12: in that Central Lakes area? 170 00:08:06,680 --> 00:08:08,280 Speaker 11: But I think what would happen? 171 00:08:08,320 --> 00:08:11,680 Speaker 12: What does happen here, Mike, is that that stability that 172 00:08:11,760 --> 00:08:15,000 Speaker 12: we're seeing will mean that the construction sector will be 173 00:08:15,080 --> 00:08:17,960 Speaker 12: it will be right sizing, it will be adjusting. I 174 00:08:17,960 --> 00:08:22,160 Speaker 12: suppose to that very stable consistent demand. So in other words, 175 00:08:22,160 --> 00:08:23,960 Speaker 12: you've got predictability. 176 00:08:23,320 --> 00:08:25,240 Speaker 2: And that's good, okay. And then we come to the 177 00:08:25,240 --> 00:08:28,480 Speaker 2: power reform of certainly the share market light it. 178 00:08:28,880 --> 00:08:31,520 Speaker 11: Well, it did and in sort of places. 179 00:08:32,240 --> 00:08:34,560 Speaker 12: I'm assuming that you'll have plenty of country on this today, 180 00:08:34,600 --> 00:08:35,960 Speaker 12: so we'll keep it at a pretty high level. 181 00:08:36,080 --> 00:08:37,480 Speaker 11: Quick look at those market reactions. 182 00:08:37,559 --> 00:08:40,400 Speaker 12: The main recommendations, so these are for listeners out there, 183 00:08:40,400 --> 00:08:43,120 Speaker 12: if you're having that water coller or coffee conversation. 184 00:08:43,240 --> 00:08:43,600 Speaker 11: Here we go. 185 00:08:43,679 --> 00:08:45,840 Speaker 12: We're trying to keep those listeners well informed. Bike And 186 00:08:45,880 --> 00:08:48,240 Speaker 12: here's the here's the main guts of it. An energy 187 00:08:48,360 --> 00:08:50,959 Speaker 12: import terminal bring stuff into the country. The government will 188 00:08:50,960 --> 00:08:54,200 Speaker 12: start a formal procurement process. They're prepared to underwrite a 189 00:08:54,200 --> 00:08:57,640 Speaker 12: small scale import facility. Mars and Point and Taranaki are 190 00:08:57,679 --> 00:09:03,160 Speaker 12: being talked about. There government participation in any capital race 191 00:09:03,240 --> 00:09:05,840 Speaker 12: by the gentails where they already have a stake. So 192 00:09:06,160 --> 00:09:08,760 Speaker 12: a reminder, the government owns states and some of these 193 00:09:09,040 --> 00:09:13,560 Speaker 12: gentiles except Contact. I guess there's been some uncertainty over 194 00:09:13,600 --> 00:09:15,800 Speaker 12: what it's long term intentions are. They're basically putting a 195 00:09:15,800 --> 00:09:17,679 Speaker 12: foot in the ground. They will say a stake in 196 00:09:17,720 --> 00:09:20,800 Speaker 12: the ground, say they will maintain their current position, removes 197 00:09:20,800 --> 00:09:24,959 Speaker 12: some uncertainty. They will use what they've got as government 198 00:09:25,080 --> 00:09:28,840 Speaker 12: ENERGYMND to potentially sign long term purchase agreements. This happens 199 00:09:28,840 --> 00:09:32,160 Speaker 12: in other countries as well. They're using their suggesting stronger 200 00:09:32,200 --> 00:09:34,400 Speaker 12: powers for the electricity authority, and the one that. 201 00:09:34,400 --> 00:09:36,640 Speaker 11: Hasn't got a lot of got a lot of press. 202 00:09:36,679 --> 00:09:38,520 Speaker 11: They're going to what they say they're going to. 203 00:09:38,559 --> 00:09:41,880 Speaker 12: Try and boost the electricity distribution businesses efficiency. 204 00:09:42,280 --> 00:09:44,120 Speaker 11: These are the lines companies now. 205 00:09:44,320 --> 00:09:47,839 Speaker 12: The Frontier report actually recommended quite a lot more drastic reaction. 206 00:09:47,880 --> 00:09:48,960 Speaker 11: There's twenty nine of these. 207 00:09:49,080 --> 00:09:51,720 Speaker 12: They're saying this should be less so the market reaction 208 00:09:51,840 --> 00:09:53,559 Speaker 12: might positive, but not massive. 209 00:09:54,080 --> 00:09:56,520 Speaker 11: Meridian the most positive reaction, up four point sixte percent. 210 00:09:56,600 --> 00:09:57,280 Speaker 11: That's a good move. 211 00:09:57,840 --> 00:10:01,160 Speaker 12: Contact point eight eight percent, up one point three five, 212 00:10:01,200 --> 00:10:05,120 Speaker 12: Genesis two point one three percent. I would make the 213 00:10:05,120 --> 00:10:08,400 Speaker 12: comment like this is this doesn't feel transformative, does it. 214 00:10:08,400 --> 00:10:10,320 Speaker 11: It's because I'm trying to find a sort of a 215 00:10:10,360 --> 00:10:12,400 Speaker 11: word for it. I see the words being used a 216 00:10:12,480 --> 00:10:14,080 Speaker 11: bit in the press. Incremental. 217 00:10:14,400 --> 00:10:17,560 Speaker 12: I think that's a good description methodical, But it doesn't 218 00:10:17,600 --> 00:10:20,160 Speaker 12: feel earth shatteringly different, does it. 219 00:10:20,440 --> 00:10:22,400 Speaker 2: No, it doesn't, and that's because it doesn't. We'll talk 220 00:10:22,440 --> 00:10:24,080 Speaker 2: to Mercury shortly. Give me the numbers. 221 00:10:24,480 --> 00:10:27,200 Speaker 12: Yeah, our US government shut down. We four warned this yesterday, 222 00:10:27,200 --> 00:10:29,080 Speaker 12: so there was some jobs. I'm so it's talking very 223 00:10:29,160 --> 00:10:31,719 Speaker 12: unlikely that we'll get non fun pay rolls. I think 224 00:10:31,720 --> 00:10:35,200 Speaker 12: they've furloughed everybody at the Bureau of Labors except one person, 225 00:10:35,480 --> 00:10:37,160 Speaker 12: so he'd be a busy boy or she or she 226 00:10:37,200 --> 00:10:38,000 Speaker 12: would be a busy boy. 227 00:10:38,000 --> 00:10:39,160 Speaker 11: Tran to release those numbers. 228 00:10:39,440 --> 00:10:41,920 Speaker 12: The Dale Jones forty six thy four hundred and one, 229 00:10:41,960 --> 00:10:45,120 Speaker 12: it's up four points stable. The S and P five 230 00:10:45,200 --> 00:10:47,480 Speaker 12: hundred and sixty six nine eight it's up ten points 231 00:10:47,600 --> 00:10:50,839 Speaker 12: zero point one five percent stable. Then as that twenty 232 00:10:50,840 --> 00:10:52,920 Speaker 12: two thousand, seven hundred and thirty four, it's up a 233 00:10:52,960 --> 00:10:54,800 Speaker 12: third of a percent, so that's good. 234 00:10:55,000 --> 00:10:57,760 Speaker 11: The Forts one hundred gained over one percent overnight, so strong. 235 00:10:57,800 --> 00:10:58,960 Speaker 11: They're nine four four six. 236 00:10:59,040 --> 00:11:02,640 Speaker 12: The close nick A fell point eighty five percent. The 237 00:11:02,640 --> 00:11:06,080 Speaker 12: Shanghai composite up half a percent three eight eight two 238 00:11:06,480 --> 00:11:08,720 Speaker 12: the A six two hundred down three points yesterday, eight 239 00:11:08,720 --> 00:11:11,439 Speaker 12: eighty four five in his next fifty because that strong 240 00:11:11,520 --> 00:11:14,040 Speaker 12: move on Meridian up one point. 241 00:11:14,200 --> 00:11:17,040 Speaker 11: Seven percent, thirty thousand, four hundred and thirty. 242 00:11:16,840 --> 00:11:18,640 Speaker 12: Three key we dollar point five to eighty one three 243 00:11:18,640 --> 00:11:21,079 Speaker 12: against the US, point eight seven nine, eight point four 244 00:11:21,160 --> 00:11:23,439 Speaker 12: ninety six against the Euro, eight sevent nine against the 245 00:11:23,440 --> 00:11:25,880 Speaker 12: Ossie of course, point four to three one five against 246 00:11:25,880 --> 00:11:27,720 Speaker 12: the pound, eighty five point five four Japanese. 247 00:11:27,760 --> 00:11:30,480 Speaker 11: Yeah, gold still strong. Three thousand, eight hundred and seventy 248 00:11:30,559 --> 00:11:32,600 Speaker 11: one dollars. You're like this one. They might be sixty 249 00:11:32,600 --> 00:11:34,360 Speaker 11: five dollars and sixty one cents for Brent. 250 00:11:34,200 --> 00:11:36,640 Speaker 2: Crude, take it, take it all day long. Andrew Keller 251 00:11:36,679 --> 00:11:40,480 Speaker 2: has Sure and partners. Ski Ford had a good time. 252 00:11:40,840 --> 00:11:43,640 Speaker 2: Sales up eight point two percent four q three, lot 253 00:11:43,679 --> 00:11:45,800 Speaker 2: of bvs there, but they're front loading the sales because 254 00:11:45,800 --> 00:11:48,120 Speaker 2: of course the seven and a half thousand dollars subsidy 255 00:11:48,120 --> 00:11:49,679 Speaker 2: has gone. But the rest of the car sold were 256 00:11:49,760 --> 00:11:52,520 Speaker 2: f one fifties, because that's what Americans like. Nike. They 257 00:11:52,520 --> 00:11:54,559 Speaker 2: had a reasonable result. I mean, it wasn't that good, 258 00:11:54,600 --> 00:11:56,720 Speaker 2: but it was better than everyone thought, so they thought, 259 00:11:56,720 --> 00:11:59,080 Speaker 2: oh sure. Anyway, they're part of a turnaround because Nike 260 00:11:59,120 --> 00:12:01,120 Speaker 2: ain't what it used to be in North America are 261 00:12:01,200 --> 00:12:03,920 Speaker 2: up significantly, but they're down in China significantly. So at 262 00:12:03,920 --> 00:12:06,760 Speaker 2: all balances out sex twenty one and a half, you're 263 00:12:06,800 --> 00:12:07,840 Speaker 2: at Newstalks EDB. 264 00:12:12,080 --> 00:12:16,600 Speaker 1: The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered 265 00:12:16,600 --> 00:12:17,320 Speaker 1: by News Talks. 266 00:12:17,440 --> 00:12:20,600 Speaker 2: EDB tell you who is doing well at the moment 267 00:12:20,640 --> 00:12:22,880 Speaker 2: of Spain Because Fitch, Moody's, Nests and p all raise 268 00:12:22,920 --> 00:12:28,440 Speaker 2: their assessments of Spain. Favorable growth, labor market improvements, madridis booming, 269 00:12:28,760 --> 00:12:33,600 Speaker 2: foreign investments booming, immigrations booming. The Central Bank recently upgraded 270 00:12:33,679 --> 00:12:36,840 Speaker 2: their twenty five growth forecaster Fitch have gone from A 271 00:12:37,000 --> 00:12:42,240 Speaker 2: minus to A Productivity gains, moderate wage growth, low energy prices. 272 00:12:42,840 --> 00:12:46,559 Speaker 2: Expect Spain's economy to remain resilient, limit exposure to US tariffs, 273 00:12:47,000 --> 00:12:49,480 Speaker 2: ongoing net external deliveraging. The only thing they don't like 274 00:12:49,520 --> 00:12:51,319 Speaker 2: as tourism, which is also booming, and of course the 275 00:12:51,400 --> 00:12:54,320 Speaker 2: locals don't like tourists. But Peez Spain seems to be 276 00:12:54,360 --> 00:12:55,600 Speaker 2: the place six twenty. 277 00:12:55,280 --> 00:13:01,040 Speaker 3: Five trending now with chemist ware house things every day. 278 00:13:01,440 --> 00:13:04,240 Speaker 2: By the way, vance and leave at are briefing America 279 00:13:04,440 --> 00:13:07,440 Speaker 2: currently on the shutdown. But given it shut down, there's 280 00:13:07,520 --> 00:13:09,960 Speaker 2: nothing much to brief you on apart from the fact 281 00:13:10,000 --> 00:13:11,640 Speaker 2: it's shut down and there's you know, there will be 282 00:13:11,679 --> 00:13:13,600 Speaker 2: some finger wagging, so I can't be bothered bringing that 283 00:13:13,600 --> 00:13:15,240 Speaker 2: to you. Bit if it changes all that you know. Later, 284 00:13:15,320 --> 00:13:18,319 Speaker 2: series of Reluctant Traveler I Love It dropped on Apple 285 00:13:18,440 --> 00:13:22,320 Speaker 2: season three. This is Eugene Levy, less reluctant these days. 286 00:13:22,320 --> 00:13:26,320 Speaker 2: He almost seems like an enthusiastic traveler anyway. This particular 287 00:13:26,360 --> 00:13:28,200 Speaker 2: series is about a bucket list. He's drawn up a 288 00:13:28,200 --> 00:13:30,960 Speaker 2: bucket list of crazy stuff you want to do before 289 00:13:31,000 --> 00:13:34,679 Speaker 2: you kick the bucket. So India's featured, Mexico's featured, and 290 00:13:34,720 --> 00:13:37,040 Speaker 2: then living like a royal. This is the one that's 291 00:13:37,040 --> 00:13:39,439 Speaker 2: got all the noise. Of course, enter Prince William, whose 292 00:13:39,440 --> 00:13:41,480 Speaker 2: presence on the show is being promotionally milk for all 293 00:13:41,480 --> 00:13:41,880 Speaker 2: that's worth. 294 00:13:41,920 --> 00:13:42,920 Speaker 11: Do you measu your grandmother? 295 00:13:43,440 --> 00:13:45,400 Speaker 13: I do, Actually I do miss for my grandmother and 296 00:13:45,520 --> 00:13:48,200 Speaker 13: my grandfather. Yeah, it's been quite bit a change, so 297 00:13:48,440 --> 00:13:50,640 Speaker 13: you do sort of you think about them not being 298 00:13:50,679 --> 00:13:53,360 Speaker 13: here anymore, and particularly being a Windsor for me. Windsor 299 00:13:53,440 --> 00:13:55,400 Speaker 13: is hurt, so she loved it here. She spent most 300 00:13:55,400 --> 00:13:57,400 Speaker 13: of her time here. Showing you around today is very 301 00:13:57,440 --> 00:13:59,480 Speaker 13: much case. I'm trying to make sure I'm doing it 302 00:13:59,559 --> 00:14:01,800 Speaker 13: the way she'd want you to say. This shad a 303 00:14:01,840 --> 00:14:03,400 Speaker 13: horses here as well as you imagine, was a big 304 00:14:03,440 --> 00:14:05,280 Speaker 13: deal for her, so that's why she loved it her. 305 00:14:05,520 --> 00:14:07,079 Speaker 2: Well, they can't work out because I haven't seen it, 306 00:14:07,080 --> 00:14:10,040 Speaker 2: because it hasn't dropped yet. It drops tomorrow. Is either 307 00:14:10,080 --> 00:14:13,079 Speaker 2: William is enamored with Levy, hence he's been because the 308 00:14:13,120 --> 00:14:16,440 Speaker 2: primos on this have been extraordinary, particularly in Britain. He's 309 00:14:16,480 --> 00:14:19,240 Speaker 2: talked in a way he's never talked before. So either 310 00:14:19,320 --> 00:14:22,240 Speaker 2: Levy's a genius, or William had a couple of beers 311 00:14:22,240 --> 00:14:23,720 Speaker 2: with him and got a bit pissed and told too 312 00:14:23,720 --> 00:14:26,960 Speaker 2: many stories. Anyway, the thing seems amazing. So the series 313 00:14:27,000 --> 00:14:28,840 Speaker 2: is out on Apple or a first few episodes are 314 00:14:29,120 --> 00:14:32,080 Speaker 2: it's eight episodes and tital beautifully shot. The whole series 315 00:14:32,160 --> 00:14:33,920 Speaker 2: is beautifully shot because they've got a big budget for 316 00:14:33,920 --> 00:14:37,040 Speaker 2: that stuff. And Eugene Levy, by the way, who's seventy eight, 317 00:14:37,560 --> 00:14:39,800 Speaker 2: he's the epitome of living well. I mean, that's a 318 00:14:39,840 --> 00:14:42,120 Speaker 2: guy if you want to aspire to be living well 319 00:14:42,160 --> 00:14:44,040 Speaker 2: at the age of seventy eight. Look at Eugene Levy. 320 00:14:44,320 --> 00:14:48,120 Speaker 2: That Royal episode, as I say, is out tomorrow. Well, 321 00:14:48,160 --> 00:14:50,360 Speaker 2: they say Friday could be America's Friday cause he said that. 322 00:14:50,400 --> 00:14:54,120 Speaker 2: Who knows. So the Power Reforms Mercury, they're one of 323 00:14:54,120 --> 00:14:55,640 Speaker 2: the big players in the market. They're one of the 324 00:14:55,680 --> 00:14:57,800 Speaker 2: gen Taylor's. They're one of the people who apparently were 325 00:14:57,800 --> 00:15:00,880 Speaker 2: blocked by the government from doing anything. That's all changed 326 00:15:00,920 --> 00:15:03,480 Speaker 2: as a result of yesterday's announcement. Is any of that true? 327 00:15:03,600 --> 00:15:04,920 Speaker 2: We talked to them next. 328 00:15:05,000 --> 00:15:08,920 Speaker 1: The newsmakers and the personalities, the big names. Talk to 329 00:15:09,080 --> 00:15:12,840 Speaker 1: Mike the Mic asking breakfast with the land Rover, Defender, 330 00:15:13,080 --> 00:15:15,480 Speaker 1: embrace the impossible news, togs dead be. 331 00:15:15,720 --> 00:15:18,320 Speaker 2: There are some original elections in Italy at the moment 332 00:15:18,320 --> 00:15:21,640 Speaker 2: which are testing Maloney's popularity, or there is a test 333 00:15:21,760 --> 00:15:23,400 Speaker 2: of them, so we'll get some details on. That's where 334 00:15:23,400 --> 00:15:25,000 Speaker 2: you're with Joe shortly, and of course all the EU 335 00:15:25,080 --> 00:15:27,280 Speaker 2: heads are a meeting and ten market ansting about rushing 336 00:15:27,360 --> 00:15:29,680 Speaker 2: it again, so more shortly twenty three minutes away from 337 00:15:29,720 --> 00:15:32,080 Speaker 2: seven back here though, there's Power Reform. Where do we 338 00:15:32,120 --> 00:15:34,800 Speaker 2: land Yesterday? Where we seemed reaction wise to get everything 339 00:15:34,800 --> 00:15:37,320 Speaker 2: from it was missed opportunity through to it being bold 340 00:15:37,680 --> 00:15:39,520 Speaker 2: the go ahead for three big gent tailors to raise 341 00:15:39,560 --> 00:15:42,640 Speaker 2: capital for projects. We got some LPG importation, eventually some 342 00:15:42,680 --> 00:15:45,680 Speaker 2: more powers for the electricity authority. Ste Hamilton is the 343 00:15:45,720 --> 00:15:49,920 Speaker 2: Mercury Energy boss and is with us Stue morning. Out 344 00:15:49,960 --> 00:15:52,440 Speaker 2: of ten ten they couldn't have done more one they 345 00:15:52,440 --> 00:15:54,160 Speaker 2: barely touched the sides. What do you give it? 346 00:15:55,720 --> 00:15:58,680 Speaker 14: I think generally the intent is good, like it's covering 347 00:15:58,720 --> 00:16:01,840 Speaker 14: the key things around secure already of supply and creme 348 00:16:01,920 --> 00:16:06,000 Speaker 14: transparency in the market. It was a pretty extensive investigation 349 00:16:06,120 --> 00:16:09,080 Speaker 14: that took place, and it considered a massively wide range 350 00:16:09,120 --> 00:16:12,120 Speaker 14: of factors, but ultimately comes back to saying, look, the 351 00:16:12,160 --> 00:16:16,040 Speaker 14: market is working pretty well at building projects. It really 352 00:16:16,040 --> 00:16:18,480 Speaker 14: needs to focus more on delivering firming Okay. 353 00:16:19,040 --> 00:16:23,080 Speaker 2: Clarity is what the business community seemed to suggest came 354 00:16:23,120 --> 00:16:25,040 Speaker 2: out of that, is that some of the subtlety in 355 00:16:25,080 --> 00:16:27,560 Speaker 2: the announcement yesterday that the wider public or the media 356 00:16:27,640 --> 00:16:29,600 Speaker 2: might have missed. In other words, what you wanted from 357 00:16:29,640 --> 00:16:32,880 Speaker 2: the government was some roadscape and that's what you got. 358 00:16:34,080 --> 00:16:36,320 Speaker 14: Yes, I think that's right. Actually, I think we've got 359 00:16:36,400 --> 00:16:39,640 Speaker 14: some form of clarity it now lets us continue to 360 00:16:39,720 --> 00:16:43,040 Speaker 14: keep building at pace, and actually we're now building at 361 00:16:43,080 --> 00:16:45,960 Speaker 14: twenty five percent faster than during the Think Big period, 362 00:16:46,320 --> 00:16:49,480 Speaker 14: so that puts things into context, and actually delivering in 363 00:16:49,520 --> 00:16:52,320 Speaker 14: the last eighteen months more power projects than we did 364 00:16:52,360 --> 00:16:55,840 Speaker 14: in the previous fifteen years. So we're on the right track. 365 00:16:55,880 --> 00:16:57,760 Speaker 14: Now we've got some clarity just to keep going and 366 00:16:57,800 --> 00:16:58,960 Speaker 14: investing in those right things. 367 00:16:59,040 --> 00:17:02,160 Speaker 2: Which makes it interesting because their key or their signature 368 00:17:02,160 --> 00:17:05,359 Speaker 2: piece yesterday was apparently you guys of which you are one, 369 00:17:05,880 --> 00:17:10,119 Speaker 2: are not doing enough because you thought that they weren't 370 00:17:10,160 --> 00:17:12,520 Speaker 2: interested in it. Is any of that true? 371 00:17:13,920 --> 00:17:16,760 Speaker 14: Well, we're actually at the moment we're investing one billion 372 00:17:16,800 --> 00:17:20,840 Speaker 14: dollars into project, so certainly it's not something that we initiated. 373 00:17:21,080 --> 00:17:24,119 Speaker 14: We the focus on continue to invest, but we've got 374 00:17:24,119 --> 00:17:26,960 Speaker 14: a strong balance sheet. As I mentioned, we're spending about 375 00:17:26,960 --> 00:17:29,280 Speaker 14: a billion dollars at the moment on three power projects. 376 00:17:29,280 --> 00:17:32,000 Speaker 14: We've got a really strong Portfoilio ahead of us, and 377 00:17:32,040 --> 00:17:34,639 Speaker 14: so for us, we don't really see that as been 378 00:17:34,680 --> 00:17:38,000 Speaker 14: a key blocker at the moment. We certainly welcome the 379 00:17:38,080 --> 00:17:41,280 Speaker 14: sort of signal to keep investing, but we'll keep going. 380 00:17:41,320 --> 00:17:43,080 Speaker 2: Do you actually need the government? I mean, can you 381 00:17:43,160 --> 00:17:45,240 Speaker 2: Can you go out to the marketplace and do your 382 00:17:45,280 --> 00:17:47,840 Speaker 2: own thing? And can the other gen tailors as owned 383 00:17:47,840 --> 00:17:50,040 Speaker 2: by the government on the shear market, can they do 384 00:17:50,080 --> 00:17:52,120 Speaker 2: their own thing? And are they doing their own thing? 385 00:17:53,760 --> 00:17:55,399 Speaker 14: There's two ways you can get money. You can go 386 00:17:55,440 --> 00:17:58,639 Speaker 14: out to raise equity, as a government talked about you today. 387 00:17:58,920 --> 00:18:00,119 Speaker 14: The other way we can get money is to go 388 00:18:00,200 --> 00:18:02,880 Speaker 14: out and raise debt. So go out and get basically 389 00:18:03,440 --> 00:18:05,480 Speaker 14: bond holders to give us, give us money. And so 390 00:18:05,520 --> 00:18:08,879 Speaker 14: at the moment we've got headroom to keep investing, so 391 00:18:08,880 --> 00:18:10,679 Speaker 14: we don't see that as a current blockaut for us 392 00:18:10,680 --> 00:18:11,160 Speaker 14: to keep going. 393 00:18:11,200 --> 00:18:12,800 Speaker 2: Yeah. I don't want to get you in trouble the government. 394 00:18:12,840 --> 00:18:14,960 Speaker 2: I just can't. What you're telling me is what I thought, 395 00:18:15,000 --> 00:18:17,239 Speaker 2: and that is you're doing your own thing. And what 396 00:18:17,240 --> 00:18:19,320 Speaker 2: they're trying to explain to the public is that there 397 00:18:19,359 --> 00:18:22,320 Speaker 2: was some sort of massive blockage that by making yesterday's 398 00:18:22,320 --> 00:18:26,040 Speaker 2: announcement they let you loose. And that doesn't appear to 399 00:18:26,080 --> 00:18:27,360 Speaker 2: me to be remotely true. 400 00:18:28,280 --> 00:18:28,480 Speaker 11: Yeah. 401 00:18:28,480 --> 00:18:31,639 Speaker 14: I think in terms of building renewables, we're absolutely getting 402 00:18:31,640 --> 00:18:34,160 Speaker 14: on at pace. So the issue probably that really came 403 00:18:34,200 --> 00:18:36,199 Speaker 14: out of the report yesterday and the government talked to 404 00:18:36,440 --> 00:18:39,520 Speaker 14: was how do we go about building thermal firming or 405 00:18:39,520 --> 00:18:40,600 Speaker 14: how do we provide firming? 406 00:18:40,640 --> 00:18:41,360 Speaker 11: And at the. 407 00:18:41,280 --> 00:18:44,200 Speaker 14: Moment that Gen Taylor's and along with the Big Four 408 00:18:44,320 --> 00:18:47,359 Speaker 14: have basically worked with Huntley to put in place of 409 00:18:47,480 --> 00:18:49,840 Speaker 14: firming option to help with that firming. So there are 410 00:18:49,840 --> 00:18:52,800 Speaker 14: a number of options which actually progressing quite well, and 411 00:18:52,840 --> 00:18:54,520 Speaker 14: it's just trying to work out what else they could 412 00:18:54,600 --> 00:18:57,160 Speaker 14: be to fill that gap. So when the range rain's 413 00:18:57,160 --> 00:18:58,680 Speaker 14: not falling, we can cover that drive period. 414 00:18:58,720 --> 00:19:00,880 Speaker 2: No, I get that, but I'm simple man, so let's 415 00:19:00,920 --> 00:19:03,080 Speaker 2: keep it simple for everybody. So what we got is 416 00:19:03,080 --> 00:19:04,879 Speaker 2: that the oil and gas thing that we all know of. 417 00:19:04,960 --> 00:19:06,760 Speaker 2: We shouldn't have done it. But here's where we are. 418 00:19:07,000 --> 00:19:09,000 Speaker 2: We've got a gap before the windmills and all the 419 00:19:09,040 --> 00:19:11,520 Speaker 2: other stuff comes online, and I understand there's plenty coming 420 00:19:11,560 --> 00:19:13,320 Speaker 2: online over a period of time. So the gap has 421 00:19:13,359 --> 00:19:15,440 Speaker 2: been filled forget the climate for a moment by the coal. 422 00:19:15,520 --> 00:19:19,400 Speaker 2: We've got the coal deal. We're kind of sorted, aren't we. 423 00:19:20,760 --> 00:19:20,960 Speaker 13: Yeah. 424 00:19:20,960 --> 00:19:22,879 Speaker 14: I think we're hitting in the right direction absolutely. I mean, 425 00:19:22,920 --> 00:19:26,520 Speaker 14: you see wholesale prices have stabilized. I clearly we want 426 00:19:26,520 --> 00:19:29,760 Speaker 14: them to be much bigger than what they are. And 427 00:19:29,760 --> 00:19:31,479 Speaker 14: a big part of it as well is that if 428 00:19:31,520 --> 00:19:33,879 Speaker 14: you look at a household power bill, is only about 429 00:19:34,200 --> 00:19:36,399 Speaker 14: half of the household power bill actually comes from the 430 00:19:36,440 --> 00:19:39,000 Speaker 14: generation in retail. So there are other factors that need 431 00:19:39,040 --> 00:19:40,800 Speaker 14: to be worked on. But in terms of what's happening 432 00:19:40,800 --> 00:19:43,080 Speaker 14: in the oursis industry, I think you're right. We are 433 00:19:43,080 --> 00:19:45,600 Speaker 14: building at a good pace. And we keep going at 434 00:19:45,600 --> 00:19:47,800 Speaker 14: this rate and we firm it, then things will get 435 00:19:47,880 --> 00:19:48,280 Speaker 14: much better. 436 00:19:48,359 --> 00:19:50,879 Speaker 2: The LPG part of that equation is that is that 437 00:19:50,960 --> 00:19:52,000 Speaker 2: a biggie As far as. 438 00:19:51,920 --> 00:19:56,399 Speaker 14: You can see, it's going to be challenging. There's been 439 00:19:56,400 --> 00:19:58,240 Speaker 14: a number of studies that have taken place to look 440 00:19:58,240 --> 00:20:01,200 Speaker 14: at what the options are actually a number of options 441 00:20:01,200 --> 00:20:03,639 Speaker 14: that the L and G is one, but there are others, 442 00:20:03,680 --> 00:20:07,600 Speaker 14: including the Huntley Fermi option and expanding that. Maybe some 443 00:20:07,640 --> 00:20:11,600 Speaker 14: diesel pecking, but we do need some form of firming 444 00:20:11,640 --> 00:20:14,720 Speaker 14: support for those tripe periods. But there are other options 445 00:20:14,720 --> 00:20:15,560 Speaker 14: in addition to L and G. 446 00:20:15,800 --> 00:20:18,200 Speaker 2: All right, appreciate your insight, Stuart Hamilton. Who is the 447 00:20:18,760 --> 00:20:21,040 Speaker 2: firming term? If you're not aware of, it's just that 448 00:20:21,320 --> 00:20:23,440 Speaker 2: it's the gap, it's what you need in between what 449 00:20:23,520 --> 00:20:26,280 Speaker 2: you want and what you've got so cold the coal 450 00:20:26,359 --> 00:20:29,160 Speaker 2: Huntly deal is currently it's so in other words, when 451 00:20:29,240 --> 00:20:31,520 Speaker 2: things don't blow and the sun doesn't shine and it 452 00:20:31,560 --> 00:20:35,359 Speaker 2: doesn't rain, you fire up the cold. That's firming. Stuart 453 00:20:35,359 --> 00:20:37,840 Speaker 2: Hamilton out of Mercury. Let's go to Rome. Shortly eighteen to. 454 00:20:37,800 --> 00:20:42,720 Speaker 1: Two the Mic Hosking Breakfast Full Show podcast on I 455 00:20:42,880 --> 00:20:44,840 Speaker 1: Heard Radio powered by News Talks. 456 00:20:44,880 --> 00:20:48,000 Speaker 2: It be if you haven't heard of Happy Pet. Name 457 00:20:48,040 --> 00:20:49,800 Speaker 2: sums up the business. Basically, if you've got a pit, 458 00:20:49,880 --> 00:20:51,720 Speaker 2: you need to know about Happy Pet's family owned business 459 00:20:51,760 --> 00:20:53,840 Speaker 2: which we always lovely based in Wonnakah, which we love 460 00:20:53,880 --> 00:20:56,720 Speaker 2: as well. A Happy Pet offers a delicious full range 461 00:20:56,760 --> 00:20:59,040 Speaker 2: of natural products. You got your dog chews, your cat treats, 462 00:20:59,040 --> 00:21:01,920 Speaker 2: your dog treats, you got pet supplements, all one hundred 463 00:21:01,920 --> 00:21:04,240 Speaker 2: percent venison based, by the way, all made in small 464 00:21:04,280 --> 00:21:07,000 Speaker 2: factory just outside Wanaka. The dog and cat treats, they 465 00:21:07,000 --> 00:21:09,000 Speaker 2: are special for many reasons from now. For a start, 466 00:21:09,080 --> 00:21:12,520 Speaker 2: nothing's added, nothing's taken away, which means you pets get 467 00:21:12,520 --> 00:21:15,400 Speaker 2: the highest level of nutritional goodness and you get incredible 468 00:21:15,480 --> 00:21:18,040 Speaker 2: value for money. So the Wanaka connection is super important 469 00:21:18,040 --> 00:21:20,480 Speaker 2: too because you've got your clean mountaineer being perfect for 470 00:21:20,520 --> 00:21:22,960 Speaker 2: the cold drying Happy Pets, Venison treats and chooday love 471 00:21:23,000 --> 00:21:26,320 Speaker 2: them cold drying. It retains that gamey flavor and smell 472 00:21:26,359 --> 00:21:29,040 Speaker 2: and texture of the real deal, which the pets lap 473 00:21:29,119 --> 00:21:31,480 Speaker 2: up of course, So give Happy Pet to go. You 474 00:21:31,480 --> 00:21:34,040 Speaker 2: can find them at your favorite pet store. Happy Pet 475 00:21:34,080 --> 00:21:37,280 Speaker 2: can be delivered to your door direct from Beautiful Wanaka 476 00:21:37,640 --> 00:21:39,600 Speaker 2: and you go to Happy Pet dot Co dot inzet 477 00:21:39,640 --> 00:21:41,560 Speaker 2: simple as that Happy Pet dot co dot inz. You 478 00:21:41,640 --> 00:21:44,080 Speaker 2: go and treat them with happiness and one hundred percent 479 00:21:44,160 --> 00:21:47,240 Speaker 2: venison treats at Happy Pet dot co dot in z 480 00:21:48,480 --> 00:21:50,560 Speaker 2: very Goan News got a nice email yesterday. I remember 481 00:21:50,560 --> 00:21:53,680 Speaker 2: I told you about the Starship Supercar show a couple 482 00:21:53,720 --> 00:21:55,800 Speaker 2: of weeks ago at Giltraps and Auckland. A lot of 483 00:21:55,800 --> 00:21:57,840 Speaker 2: people came in from around the country given the school 484 00:21:57,840 --> 00:22:01,320 Speaker 2: holidays and all the money raised going to Starship Foundation. 485 00:22:01,520 --> 00:22:03,240 Speaker 2: And for this year they raised two hundred and thirty 486 00:22:03,240 --> 00:22:05,160 Speaker 2: two thousand dollars. So well done if you went along 487 00:22:05,160 --> 00:22:07,480 Speaker 2: and you made a contribution two hundred and thirty two 488 00:22:07,520 --> 00:22:09,840 Speaker 2: thousand dollars. So since twenty one they've had three shows 489 00:22:10,320 --> 00:22:13,880 Speaker 2: they've raised six hundred and thirty five thousand dollars. Not bad. 490 00:22:13,920 --> 00:22:14,600 Speaker 2: A fourteen to. 491 00:22:14,560 --> 00:22:18,879 Speaker 15: Two international correspondence with ends and eye insurance, peace of 492 00:22:18,920 --> 00:22:20,200 Speaker 15: mind for New Zealand business. 493 00:22:20,400 --> 00:22:21,800 Speaker 2: Bie Time joined the Keenna Morning. 494 00:22:23,200 --> 00:22:24,720 Speaker 16: Good money made now just. 495 00:22:24,760 --> 00:22:26,560 Speaker 2: I was reading about this the other day, so do 496 00:22:26,560 --> 00:22:28,560 Speaker 2: do correct me if I've cocked this up. But the 497 00:22:28,600 --> 00:22:31,760 Speaker 2: regional elections, I think there are seven this year regions 498 00:22:31,880 --> 00:22:34,080 Speaker 2: and Lamark I might have been the main one because 499 00:22:34,119 --> 00:22:37,639 Speaker 2: that tests Maloney. Maloney wanted to do well and I 500 00:22:37,640 --> 00:22:41,359 Speaker 2: think she has. Am I correct ish. 501 00:22:40,520 --> 00:22:42,480 Speaker 17: She has done well. I'm not sure if there are 502 00:22:42,520 --> 00:22:45,280 Speaker 17: seven this year. I know we've had the Mark election, 503 00:22:45,400 --> 00:22:51,639 Speaker 17: We've got Umbria, Umbria and Sardinia was last year, and 504 00:22:51,680 --> 00:22:54,000 Speaker 17: we've got a couple coming up in Colubria and Tuscany. 505 00:22:54,040 --> 00:22:57,240 Speaker 17: But anyway, she's done really well in Markee, that's considered 506 00:22:57,359 --> 00:23:00,480 Speaker 17: really a bell weather, a lot of support for Maloney 507 00:23:00,480 --> 00:23:04,480 Speaker 17: in that region and the regional governor there, Francesco A. Coroli, 508 00:23:05,000 --> 00:23:07,760 Speaker 17: from her party, was re elected with fifty two percent 509 00:23:07,760 --> 00:23:10,080 Speaker 17: of the vote. It's good news for Maloney as she 510 00:23:10,119 --> 00:23:11,800 Speaker 17: comes up to her third anniversary. 511 00:23:12,040 --> 00:23:14,800 Speaker 2: So how regional is that? Would you have expected her 512 00:23:14,800 --> 00:23:18,280 Speaker 2: to do well there or does this suggestion's traveling well nationally. 513 00:23:20,040 --> 00:23:22,359 Speaker 17: Look, I think she's always had very strong support in 514 00:23:22,400 --> 00:23:26,359 Speaker 17: that region, and at the same time, I think there's 515 00:23:26,400 --> 00:23:29,840 Speaker 17: still quite a lot of support for her nationwide. Her 516 00:23:29,880 --> 00:23:34,040 Speaker 17: Brother's of Italy party governs fourteen of Italy's twenty regions 517 00:23:34,440 --> 00:23:37,840 Speaker 17: and is certainly easily the most popular party in the country. 518 00:23:37,960 --> 00:23:40,560 Speaker 2: Right now, we're into local body elections at the moment 519 00:23:40,560 --> 00:23:42,600 Speaker 2: in New Zealand and no one's turning up. Does anyone 520 00:23:42,600 --> 00:23:43,359 Speaker 2: turn up? In Italy? 521 00:23:44,960 --> 00:23:47,760 Speaker 17: I think they had about fifty percent of a turnout, 522 00:23:47,760 --> 00:23:50,040 Speaker 17: which wasn't that impressive. 523 00:23:50,600 --> 00:23:53,400 Speaker 2: Woh, that's interesting. We've got currently we're running at about 524 00:23:53,440 --> 00:23:58,560 Speaker 2: ten so, oh, okay, well done. You Now this Denmark thing, 525 00:23:59,000 --> 00:24:01,080 Speaker 2: is anything material going to come out of it? Or 526 00:24:01,240 --> 00:24:02,879 Speaker 2: we just gathered around for another meeting. 527 00:24:05,240 --> 00:24:06,040 Speaker 16: It's hard to say. 528 00:24:06,200 --> 00:24:11,240 Speaker 17: I think it's important to note a sense of panic 529 00:24:11,440 --> 00:24:13,480 Speaker 17: among some of the leaders, and we've certainly seen that 530 00:24:13,480 --> 00:24:18,120 Speaker 17: from the Danish Prime Minister Meta Frederickson, worried about these 531 00:24:18,200 --> 00:24:22,440 Speaker 17: drone attacks apparently coming from Russia inside Denmark. The Prime 532 00:24:22,440 --> 00:24:26,640 Speaker 17: Minister Georgia Maloney says, don't react to provocations. We need 533 00:24:26,680 --> 00:24:30,840 Speaker 17: to build up our defense, remember though NATO is such 534 00:24:30,880 --> 00:24:31,680 Speaker 17: a huge. 535 00:24:31,359 --> 00:24:33,960 Speaker 16: Area, and don't forget us on the southern. 536 00:24:33,680 --> 00:24:37,320 Speaker 2: Side, okay, because he says Frederickson says, we need a 537 00:24:37,400 --> 00:24:39,280 Speaker 2: very strong answer back. And I just wonder how many 538 00:24:39,320 --> 00:24:41,160 Speaker 2: meetings you have before there is a strong answer back 539 00:24:41,160 --> 00:24:42,920 Speaker 2: as opposed to just yet another meeting. 540 00:24:42,960 --> 00:24:46,360 Speaker 16: But we may not see a response. 541 00:24:46,400 --> 00:24:48,679 Speaker 17: But I think all of them are taking this as 542 00:24:48,720 --> 00:24:51,280 Speaker 17: a note to really do something more quickly about building 543 00:24:51,320 --> 00:24:53,480 Speaker 17: up defense. And that's the message we're getting from the 544 00:24:53,480 --> 00:24:55,679 Speaker 17: Italian Defense Minister Guido Crosseto. 545 00:24:56,240 --> 00:24:58,120 Speaker 16: Italy is not prepared. They need to do more. 546 00:24:58,280 --> 00:25:00,320 Speaker 2: Okay. I know that, Maloney, you're speaking out about this 547 00:25:00,400 --> 00:25:03,120 Speaker 2: flotilla as they head towards Gaza, as she particularly worried 548 00:25:03,119 --> 00:25:03,879 Speaker 2: about Greta, is she? 549 00:25:05,760 --> 00:25:09,200 Speaker 17: I think she's worried about obviously some sort of violent 550 00:25:09,280 --> 00:25:12,399 Speaker 17: incident tonight. We're seeing reports that there's some kind of 551 00:25:12,440 --> 00:25:15,800 Speaker 17: state of emergency on board. As Israeli ships are now 552 00:25:15,880 --> 00:25:20,040 Speaker 17: approaching this flotilla, the Turkish navy apparently has intervened and 553 00:25:20,080 --> 00:25:24,639 Speaker 17: removed eleven Turkish activists from the flotilla. And as we 554 00:25:24,800 --> 00:25:27,960 Speaker 17: edge closer to Gaza, the Prime Minister doesn't want to 555 00:25:28,000 --> 00:25:31,200 Speaker 17: see anything that's going to provoke any kind of conflict 556 00:25:31,640 --> 00:25:34,760 Speaker 17: or threaten the peace proposals coming from the US President 557 00:25:34,760 --> 00:25:35,359 Speaker 17: Donald Trump. 558 00:25:35,400 --> 00:25:37,320 Speaker 2: You I'm not surprised, actually speaking, you have fifty percent 559 00:25:37,400 --> 00:25:38,920 Speaker 2: turn up to bite. What about the fifty percent of 560 00:25:38,920 --> 00:25:40,560 Speaker 2: the pay text. I would have said half of people 561 00:25:40,560 --> 00:25:42,960 Speaker 2: paying tax was quite good for Italy given its reputation. 562 00:25:44,280 --> 00:25:45,679 Speaker 16: It's not a good look at the moment. 563 00:25:46,600 --> 00:25:48,960 Speaker 17: I thought that the Italians had done a lot more 564 00:25:49,040 --> 00:25:51,080 Speaker 17: to improve the tax collection. 565 00:25:51,240 --> 00:25:53,800 Speaker 16: But the latest figures show that only. 566 00:25:53,560 --> 00:25:57,640 Speaker 17: Half of Italians pay income tax. 567 00:26:00,000 --> 00:26:03,080 Speaker 2: When they legitimately or it should be ninety percent. But 568 00:26:03,280 --> 00:26:06,520 Speaker 2: you know, they don't have a system that tracks everybody down. 569 00:26:07,560 --> 00:26:10,440 Speaker 17: Well, I think people are underestimating their income and that's 570 00:26:10,480 --> 00:26:14,120 Speaker 17: what gets them through. But now the experts are questioning 571 00:26:14,119 --> 00:26:14,840 Speaker 17: that credibility. 572 00:26:15,760 --> 00:26:17,720 Speaker 2: Nice to catch up Joe scene next Thursday. Appreciate it 573 00:26:17,760 --> 00:26:21,040 Speaker 2: very much. Joe mckenner out of Rome and Italy the Dutch. 574 00:26:21,480 --> 00:26:23,280 Speaker 2: Just while I'm in that particular part of the world, 575 00:26:24,320 --> 00:26:30,080 Speaker 2: Zasa Chance. It's famous, very picturesque sort of place. Nobody 576 00:26:30,119 --> 00:26:32,320 Speaker 2: lives there. There's got a population of about one hundred people, 577 00:26:32,359 --> 00:26:34,280 Speaker 2: but two and a half million people visited every year. 578 00:26:34,280 --> 00:26:37,120 Speaker 2: It's got a lot of windmills, very pretty. So they've 579 00:26:37,160 --> 00:26:39,040 Speaker 2: started to charge people for that and think that's a 580 00:26:39,080 --> 00:26:42,160 Speaker 2: good idea, So about thirty five forty quid to go there. 581 00:26:43,040 --> 00:26:45,440 Speaker 2: Most people don't think. Apparently, the tourists don't think because 582 00:26:45,480 --> 00:26:47,320 Speaker 2: the population is so small. They think it's just like 583 00:26:47,440 --> 00:26:51,119 Speaker 2: a movie set. So they wandering through the gardens and 584 00:26:51,160 --> 00:26:54,200 Speaker 2: they walk into people's houses, and they urinate in the gardens, 585 00:26:54,240 --> 00:26:56,240 Speaker 2: and they knock on the doors, and they take pictures. 586 00:26:56,359 --> 00:26:58,520 Speaker 2: When they use selfie sticks to peek insite the houses, 587 00:26:58,840 --> 00:27:00,760 Speaker 2: they're surprises if you low. So the locals are a 588 00:27:00,760 --> 00:27:04,160 Speaker 2: bit sick about that, so they start charging people. Nine 589 00:27:04,200 --> 00:27:05,159 Speaker 2: away from seven. 590 00:27:05,560 --> 00:27:09,840 Speaker 1: The Lake, locking breakfast with Bailey's real estate news dogs, they'd. 591 00:27:09,680 --> 00:27:11,680 Speaker 2: Be welly, Mike, I can't help but think I'm missing something. 592 00:27:11,680 --> 00:27:14,200 Speaker 2: Hopkins and Meghan Wood can obviously see the carnage they've 593 00:27:14,240 --> 00:27:16,800 Speaker 2: created by their poor decision to stop gas exploration, Yet 594 00:27:16,800 --> 00:27:19,320 Speaker 2: they continue to be belligerent in holding this country to ransom. 595 00:27:19,320 --> 00:27:21,240 Speaker 2: No business person would stand by a decision like this, 596 00:27:21,640 --> 00:27:24,399 Speaker 2: yet they think it's okay. Graham, I'm not sure that 597 00:27:24,480 --> 00:27:27,240 Speaker 2: they are missing something, or you're missing something. It's called politics. 598 00:27:27,280 --> 00:27:30,120 Speaker 2: It's not business. Business people own up to poor decisions. 599 00:27:30,160 --> 00:27:33,840 Speaker 2: Politicians don't. Necessarily. I noted Megan came out yesterday. You 600 00:27:33,880 --> 00:27:36,560 Speaker 2: don't see much of her anymore, do you really? She 601 00:27:36,600 --> 00:27:38,320 Speaker 2: came out yesterday and thought one of the things they 602 00:27:38,320 --> 00:27:40,320 Speaker 2: could have done is put solar on schools, as though 603 00:27:40,359 --> 00:27:43,600 Speaker 2: that's kind of going to materially change the energy landscape 604 00:27:43,600 --> 00:27:45,600 Speaker 2: of New Zealand. That's the problem with these people. And 605 00:27:45,640 --> 00:27:48,440 Speaker 2: of course they're hiding or they're doing the dirty work 606 00:27:48,520 --> 00:27:50,560 Speaker 2: for Jacinda who's left the country of course and left 607 00:27:50,600 --> 00:27:52,720 Speaker 2: them to pick up the mess. But you can't. I mean, 608 00:27:52,800 --> 00:27:55,600 Speaker 2: what are they going to do other than go, yep, 609 00:27:55,720 --> 00:27:59,359 Speaker 2: absolute cock up, sorry about that. And you're never going 610 00:27:59,440 --> 00:28:01,240 Speaker 2: to hear that from politicians, are you, by the way, 611 00:28:01,280 --> 00:28:04,720 Speaker 2: from Bastards Incorporated? How about Snapchat this morning? If you're 612 00:28:04,720 --> 00:28:08,439 Speaker 2: storing photos they call them memories, photos and videos, are 613 00:28:08,520 --> 00:28:10,040 Speaker 2: you being able to do that for nothing? Now they're 614 00:28:10,040 --> 00:28:12,320 Speaker 2: going to charge you. They get you every which way, 615 00:28:12,320 --> 00:28:14,600 Speaker 2: don't they, And then once they've charged you, once they're 616 00:28:14,640 --> 00:28:16,439 Speaker 2: going to charge you some more. You watch where this 617 00:28:16,520 --> 00:28:19,720 Speaker 2: goes five minutes away from seven, all. 618 00:28:19,560 --> 00:28:23,600 Speaker 15: The ins and the ouse, it's the fizz with business favor, 619 00:28:23,760 --> 00:28:26,320 Speaker 15: take your business productivity to the next level. 620 00:28:26,400 --> 00:28:29,720 Speaker 2: Employment hero. This is Global Annual Jobs Reports. So we 621 00:28:29,800 --> 00:28:31,560 Speaker 2: got two and a half million employees, three hundred and 622 00:28:31,560 --> 00:28:34,320 Speaker 2: fifty thousand businesses around the planet, thirty three percent of venues. 623 00:28:34,359 --> 00:28:36,560 Speaker 2: Zealand does now have multiple jobs. The third of us 624 00:28:36,560 --> 00:28:39,000 Speaker 2: have multiple jobs more than one job. Makes us the 625 00:28:39,040 --> 00:28:42,600 Speaker 2: second highest country for multiple jobs only behind Australia. We're 626 00:28:42,600 --> 00:28:44,800 Speaker 2: at thirty four percent, so they're thirty four we're thirty 627 00:28:44,800 --> 00:28:48,600 Speaker 2: three of those here, thirty percent, so third of the third. 628 00:28:49,200 --> 00:28:51,480 Speaker 2: So they're doing it just to earn enough money. And 629 00:28:51,920 --> 00:28:54,440 Speaker 2: is it young, Well sort of, maybe forty seven percent. 630 00:28:54,520 --> 00:28:56,680 Speaker 2: So we're down to forty seven percent of the third, 631 00:28:57,040 --> 00:28:58,280 Speaker 2: so not a third of the third, but we're a 632 00:28:58,360 --> 00:29:00,880 Speaker 2: forty seven percent of the third eighteen to twenty four 633 00:29:00,960 --> 00:29:02,520 Speaker 2: year olds. They're working. Mind you, one of our kids 634 00:29:02,560 --> 00:29:04,880 Speaker 2: has got four jobs at the moment. And they've got 635 00:29:04,880 --> 00:29:07,480 Speaker 2: four jobs. I mean, yes, to make ends meet, because 636 00:29:07,480 --> 00:29:09,640 Speaker 2: all young people have jobs to make ends meat obviously, 637 00:29:10,120 --> 00:29:12,840 Speaker 2: but four jobs because that's what they want to do 638 00:29:13,560 --> 00:29:17,000 Speaker 2: and it gives them variety and flexibility. It's the gig economy. 639 00:29:17,040 --> 00:29:19,800 Speaker 2: They said the other day, I am the gig economy, 640 00:29:19,880 --> 00:29:22,560 Speaker 2: so they're doing it voluntarily and happily. So so just 641 00:29:22,560 --> 00:29:25,920 Speaker 2: because you've got more than one job doesn't automatically dovetailed them. 642 00:29:25,920 --> 00:29:28,080 Speaker 2: Is the fact you're miserable because a lot of people aren't. Anyway, 643 00:29:28,080 --> 00:29:29,920 Speaker 2: Where was I forty seven percent of eighteen to twenty 644 00:29:29,960 --> 00:29:32,800 Speaker 2: fours working your second job for financial reason. That's the 645 00:29:32,840 --> 00:29:35,280 Speaker 2: biggest percentage for a group. But they also say twenty 646 00:29:35,480 --> 00:29:39,400 Speaker 2: percent of people out of fifty five are working extra jobs. 647 00:29:39,640 --> 00:29:41,560 Speaker 2: And if you aren't working your second job, are you 648 00:29:41,640 --> 00:29:44,200 Speaker 2: putting an overtime? Forty three percent of us, so we're 649 00:29:44,240 --> 00:29:46,040 Speaker 2: working over time to cover living costs. But I mean, 650 00:29:46,080 --> 00:29:48,760 Speaker 2: then again, if you're a nurse, do you work over 651 00:29:48,800 --> 00:29:51,160 Speaker 2: time because you're desperate? Or do you work over time 652 00:29:51,200 --> 00:29:53,040 Speaker 2: because that's the sort of job it is, and you 653 00:29:53,080 --> 00:29:55,000 Speaker 2: know the hours are always there and you never get 654 00:29:55,000 --> 00:29:56,640 Speaker 2: the job done, and so on and so forth. I 655 00:29:56,640 --> 00:29:59,440 Speaker 2: don't know how much use that was. If I was 656 00:29:59,440 --> 00:30:01,920 Speaker 2: making a govern and a government announcement on this, I'd ban 657 00:30:02,040 --> 00:30:04,040 Speaker 2: these sort of reports and say that that was a 658 00:30:04,040 --> 00:30:06,960 Speaker 2: four out of ten in terms of usefulness and in sight. 659 00:30:07,600 --> 00:30:10,000 Speaker 2: We're going to meet the new head of FARMAC. The 660 00:30:10,000 --> 00:30:12,040 Speaker 2: big turnarounds on She's with us shortly. 661 00:30:12,680 --> 00:30:16,400 Speaker 1: Credible, compelling, the breakfast show you can't best It's the 662 00:30:16,560 --> 00:30:20,320 Speaker 1: Mic Hosking Breakfast with Bailey's Real Estate covering all your 663 00:30:20,320 --> 00:30:22,200 Speaker 1: real estate needs news togstead be. 664 00:30:22,280 --> 00:30:23,920 Speaker 2: Only seven past seven to the next stage of the 665 00:30:23,920 --> 00:30:27,320 Speaker 2: governments social housing approach involves providers being able to borrow 666 00:30:27,360 --> 00:30:29,760 Speaker 2: at discounted rates, with the Crown guaranteeing eighty percent of 667 00:30:29,800 --> 00:30:32,040 Speaker 2: that money. This involves nine hundred million in total new 668 00:30:32,120 --> 00:30:35,360 Speaker 2: lending up eighty million or up to eighty million per provider. 669 00:30:35,920 --> 00:30:38,120 Speaker 2: Chris Bishop is Housing Minister, is back with us morning 670 00:30:38,120 --> 00:30:40,840 Speaker 2: to you, Good morning. What sort of discount is it 671 00:30:40,960 --> 00:30:42,800 Speaker 2: interest rate wise for these people. 672 00:30:43,680 --> 00:30:45,640 Speaker 18: Can be to one hundred and one hundred and fifty 673 00:30:45,640 --> 00:30:47,880 Speaker 18: basis points. Well, what which one to do here is 674 00:30:48,000 --> 00:30:50,400 Speaker 18: when we do social housing through Kying or Aura, right, 675 00:30:50,440 --> 00:30:52,600 Speaker 18: they just borrow through us. So they just borrow it 676 00:30:53,800 --> 00:30:56,240 Speaker 18: the low rates that the Crown gets rough that gives 677 00:30:56,320 --> 00:30:58,880 Speaker 18: ky or or a competitive advantage because their cost of 678 00:30:58,920 --> 00:31:01,480 Speaker 18: borrowing is a lot lower than and community housing providers 679 00:31:01,520 --> 00:31:02,400 Speaker 18: like the Salvation Army. 680 00:31:02,480 --> 00:31:02,680 Speaker 19: Right. 681 00:31:03,000 --> 00:31:04,920 Speaker 18: What I'm trying to do is create a housing system 682 00:31:04,960 --> 00:31:07,640 Speaker 18: where it doesn't matter who owns. The house could be 683 00:31:07,720 --> 00:31:10,960 Speaker 18: ko by either government, could be the sallies, could be 684 00:31:11,000 --> 00:31:13,160 Speaker 18: an EWE, could be a whole range of different providers. 685 00:31:13,400 --> 00:31:15,920 Speaker 18: Doesn't actually matter who owns it. The key point is 686 00:31:15,960 --> 00:31:19,400 Speaker 18: we get new, warm, dry social houses for vulnerable people. 687 00:31:19,480 --> 00:31:22,760 Speaker 18: So we've got this loan guarantee working with the banks 688 00:31:22,800 --> 00:31:25,440 Speaker 18: on that. We're standing behind a thing called the Community 689 00:31:25,440 --> 00:31:28,320 Speaker 18: Housing Funding Agency, which is a separate thing which is 690 00:31:28,360 --> 00:31:31,400 Speaker 18: basically a loan aggregator, and we're standing behind that as well, 691 00:31:31,440 --> 00:31:33,720 Speaker 18: and that is lowering the cost of borrowing for the 692 00:31:33,720 --> 00:31:37,080 Speaker 18: community housing sector. The effect of lowering the cost of 693 00:31:37,120 --> 00:31:40,160 Speaker 18: borrowing is actually really good for the Crown because ultimately 694 00:31:40,320 --> 00:31:42,040 Speaker 18: we're the funder of all of this stuff in the 695 00:31:42,040 --> 00:31:46,760 Speaker 18: first place. So we're getting basically cheaper social housing, cheaper 696 00:31:46,760 --> 00:31:49,120 Speaker 18: borrowing and cheaper social housing, which means we can do 697 00:31:49,200 --> 00:31:50,920 Speaker 18: more social housing with the same amount of money. 698 00:31:51,000 --> 00:31:53,240 Speaker 2: Where's the risk you carry all of it? Or the banks? 699 00:31:53,240 --> 00:31:54,800 Speaker 2: I mean, the banks don't carry any risks, do they, 700 00:31:54,840 --> 00:31:56,920 Speaker 2: because you'd tick them off before they came to you, 701 00:31:56,960 --> 00:31:59,040 Speaker 2: and therefore they know they're getting the money from you, 702 00:31:59,160 --> 00:32:00,720 Speaker 2: so you carry the care I take it. 703 00:32:01,520 --> 00:32:01,760 Speaker 20: Yeah. 704 00:32:01,800 --> 00:32:03,720 Speaker 18: I mean the point that the community has in set 705 00:32:03,760 --> 00:32:05,920 Speaker 18: has been making to us for a long time. They've 706 00:32:05,920 --> 00:32:09,000 Speaker 18: been complaining about this is that they're basically borrowing on 707 00:32:09,040 --> 00:32:12,840 Speaker 18: commercial terms, when in reality they are far sounder propositions 708 00:32:12,880 --> 00:32:16,760 Speaker 18: than any other sort of commercial lender, and so it's 709 00:32:16,800 --> 00:32:19,040 Speaker 18: taken some time to get the banks around to persuading 710 00:32:19,040 --> 00:32:20,560 Speaker 18: them of that point of view. That's why we're doing 711 00:32:20,560 --> 00:32:22,560 Speaker 18: the low guarantee scheme as a short term set of 712 00:32:22,600 --> 00:32:25,800 Speaker 18: intervention or we sort out the actual funding system. But yeah, 713 00:32:25,840 --> 00:32:27,560 Speaker 18: I mean, basically, you're right, we are taking a little 714 00:32:27,560 --> 00:32:29,120 Speaker 18: bit of risk, but it's a minimum amount. 715 00:32:29,320 --> 00:32:32,160 Speaker 2: Does it seem to buy people to borrow more, build 716 00:32:32,280 --> 00:32:33,360 Speaker 2: more or we don't know. 717 00:32:35,280 --> 00:32:37,600 Speaker 18: It will lower the cost of borrowing for the building 718 00:32:37,600 --> 00:32:39,840 Speaker 18: that they're already doing because we've contracted to you. 719 00:32:40,280 --> 00:32:42,240 Speaker 2: That's my point. Will they borrow less to do what 720 00:32:42,280 --> 00:32:44,400 Speaker 2: they were doing, or will they borrow more to do more? 721 00:32:46,000 --> 00:32:47,880 Speaker 2: If we fund them to do more, then they will. 722 00:32:48,000 --> 00:32:50,480 Speaker 18: And to give you an example in the budget twenty 723 00:32:50,520 --> 00:32:55,120 Speaker 18: twenty four, places that we funded that fifteen hundred or so. 724 00:32:55,800 --> 00:32:57,400 Speaker 3: With the lower cost of borrowing. 725 00:32:57,520 --> 00:32:59,959 Speaker 18: The net effect of that is that we can actually 726 00:33:00,120 --> 00:33:02,160 Speaker 18: turn what was we thought was going to be about 727 00:33:02,160 --> 00:33:07,080 Speaker 18: fifteen hundred into about seventeen hundred seventeen fifty. Actually, now 728 00:33:07,080 --> 00:33:09,239 Speaker 18: there's a bit of complexity to that because it's got 729 00:33:09,280 --> 00:33:12,080 Speaker 18: to wash through and its new loans and everything's a 730 00:33:12,080 --> 00:33:14,840 Speaker 18: little bit different. But the short point is by doing 731 00:33:14,840 --> 00:33:17,520 Speaker 18: this we can actually deliver more social housing for less money. 732 00:33:17,520 --> 00:33:18,480 Speaker 3: It's great, great news. 733 00:33:18,600 --> 00:33:20,920 Speaker 2: Good the Dickson Street Department thing you up on that? 734 00:33:22,480 --> 00:33:23,040 Speaker 3: Yes, yes. 735 00:33:23,240 --> 00:33:26,440 Speaker 2: Explain to me how a state owned agency sells something 736 00:33:26,480 --> 00:33:28,479 Speaker 2: for a million the people who buy it under a 737 00:33:28,520 --> 00:33:31,000 Speaker 2: first preference deal then flick it for three How does 738 00:33:31,000 --> 00:33:31,400 Speaker 2: that work? 739 00:33:32,280 --> 00:33:35,280 Speaker 18: Well, the land's got a right of refirse refusal on it, 740 00:33:35,320 --> 00:33:37,240 Speaker 18: which means they got to offer it to the local eweed. 741 00:33:37,400 --> 00:33:41,600 Speaker 18: They did that and they negotiated them up. They went 742 00:33:41,640 --> 00:33:43,600 Speaker 18: out to the market before that and sort of tested 743 00:33:43,600 --> 00:33:45,600 Speaker 18: it a bit. Yep, it's on the box that I 744 00:33:45,600 --> 00:33:48,080 Speaker 18: think it's about three to four. But there was a 745 00:33:48,120 --> 00:33:51,200 Speaker 18: lot of interest in the market and actually buying it. 746 00:33:51,440 --> 00:33:55,240 Speaker 18: This is an earthquake prone building, it's a heritage listed. 747 00:33:54,960 --> 00:33:57,200 Speaker 2: But the market paid three million dollars for it about 748 00:33:57,200 --> 00:33:59,400 Speaker 2: three minutes up right for one? 749 00:34:00,120 --> 00:34:02,360 Speaker 11: Is that with that? Well? 750 00:34:02,520 --> 00:34:05,640 Speaker 18: I get that, but we ultimately don't control what the 751 00:34:05,680 --> 00:34:07,800 Speaker 18: people who buy properties, do with it once they've bought it. 752 00:34:08,480 --> 00:34:11,680 Speaker 2: But should I know, it's not your personal fault, but 753 00:34:11,719 --> 00:34:14,040 Speaker 2: I mean this business or first right of refusal line, 754 00:34:14,040 --> 00:34:16,080 Speaker 2: and I understood it to be when it came to 755 00:34:16,120 --> 00:34:20,800 Speaker 2: the Mari that you know there was something culturally historically significant. Sure, 756 00:34:21,320 --> 00:34:23,960 Speaker 2: but a duney old building that you can make a 757 00:34:24,000 --> 00:34:26,359 Speaker 2: couple of million dollars on by Wednesday? Is that part 758 00:34:26,400 --> 00:34:28,719 Speaker 2: of the treaty negotiation settlement process. 759 00:34:28,400 --> 00:34:28,640 Speaker 20: Is it? 760 00:34:29,200 --> 00:34:32,040 Speaker 18: Yeah, it was negotiated as part of the settlement with 761 00:34:32,680 --> 00:34:35,160 Speaker 18: Portneck Tarnik Fano back in I think it's two thousand 762 00:34:35,160 --> 00:34:37,080 Speaker 18: and seven. So they've got access to a whole lot 763 00:34:37,080 --> 00:34:40,560 Speaker 18: of land in Wellington that you know that they that's. 764 00:34:40,480 --> 00:34:41,160 Speaker 3: Part of their deal. 765 00:34:41,640 --> 00:34:44,160 Speaker 18: And where it periodically comes up, they get offered it 766 00:34:44,239 --> 00:34:46,319 Speaker 18: and sometimes they say yes, sometimes they say no. In 767 00:34:46,360 --> 00:34:49,120 Speaker 18: this case they said yes, Chao negotiated with it. I 768 00:34:49,200 --> 00:34:52,759 Speaker 18: get people's frustration, but at the end of the day, 769 00:34:52,920 --> 00:34:57,120 Speaker 18: like you're dealing with basically an old dunger and you've 770 00:34:57,160 --> 00:34:59,360 Speaker 18: got someone who wants to spend a little bit of 771 00:34:59,360 --> 00:35:01,920 Speaker 18: money to who you could potentially do it up, and 772 00:35:01,920 --> 00:35:03,760 Speaker 18: that is ultimately a good outcome for Wellington. 773 00:35:03,840 --> 00:35:05,640 Speaker 11: But I appreciate the frustration on the way through. 774 00:35:05,920 --> 00:35:07,600 Speaker 2: Nice to talk to you is always Chris Bishop, who's 775 00:35:07,600 --> 00:35:10,920 Speaker 2: the housing minister. Twelve and it's past seven pasking speaking 776 00:35:10,920 --> 00:35:12,920 Speaker 2: of housing markets moving. We're up zero point one for 777 00:35:12,960 --> 00:35:15,360 Speaker 2: the month, so don't break out the champagne just yet. 778 00:35:15,480 --> 00:35:18,520 Speaker 2: But it does break five months of decline as usual. 779 00:35:18,560 --> 00:35:20,080 Speaker 2: It depends on where you are in the country, so 780 00:35:20,120 --> 00:35:21,840 Speaker 2: it's a crunch a few markets and get a vibe. 781 00:35:22,000 --> 00:35:24,840 Speaker 2: Kelvin Davidson's Cartelity is to your property economist and is 782 00:35:24,880 --> 00:35:28,120 Speaker 2: back with there's Calvin Morning, Good Morning. One month does 783 00:35:28,160 --> 00:35:29,800 Speaker 2: not a summer of profit, make. 784 00:35:30,840 --> 00:35:32,680 Speaker 19: No, No, that's right now, and you've got to put 785 00:35:32,680 --> 00:35:35,799 Speaker 19: it in the context of five previous falls. So I 786 00:35:35,840 --> 00:35:39,279 Speaker 19: mean the market's pretty flat and just reflecting, yes, and 787 00:35:39,480 --> 00:35:42,920 Speaker 19: straight down. But economies why people still feel a bit cautious. 788 00:35:43,280 --> 00:35:45,080 Speaker 2: So at zero point one, what do we see spring 789 00:35:45,280 --> 00:35:48,799 Speaker 2: interest rates? Foreign buyers? Mar I mean, I. 790 00:35:48,760 --> 00:35:53,280 Speaker 19: Think, yeah, I think, I mean confidence in the economy. 791 00:35:53,320 --> 00:35:55,080 Speaker 19: I guess can be a little bit circular in which 792 00:35:55,160 --> 00:35:57,240 Speaker 19: drives the other, you know it can it can probably 793 00:35:57,280 --> 00:35:59,359 Speaker 19: be a bit both ways. But you know, I think 794 00:35:59,440 --> 00:36:02,640 Speaker 19: that there's signs, there's signs of some hints and green 795 00:36:02,680 --> 00:36:05,680 Speaker 19: shoots coming through in the economy. We know infrastrates are down. 796 00:36:05,760 --> 00:36:08,839 Speaker 19: It'll pass through to borrowers more as we progress through. 797 00:36:08,920 --> 00:36:11,120 Speaker 19: So yeah, I think twenty twenty six is looking better, 798 00:36:11,160 --> 00:36:12,880 Speaker 19: but just right now things are pretty slat. 799 00:36:12,960 --> 00:36:14,399 Speaker 2: Well, how much way do you place on the next 800 00:36:14,480 --> 00:36:16,120 Speaker 2: couple of meetings before the end of the year from 801 00:36:16,120 --> 00:36:18,120 Speaker 2: the RB, so let's call it fifty points before the 802 00:36:18,200 --> 00:36:19,680 Speaker 2: end of the year. Are we all sitting, you know, 803 00:36:20,000 --> 00:36:22,640 Speaker 2: coiled springs of anticipation waiting for this to happen. 804 00:36:23,680 --> 00:36:26,200 Speaker 19: Yeah, I think it could be pretty significant. I mean, 805 00:36:26,200 --> 00:36:28,640 Speaker 19: I've heard the word circuit breakers being bandied about a 806 00:36:28,680 --> 00:36:30,759 Speaker 19: little bit. I think it just needs a sort of 807 00:36:30,760 --> 00:36:33,160 Speaker 19: shock treatment for lack of a better word, and I think, 808 00:36:33,280 --> 00:36:35,359 Speaker 19: you know, get them to get into the next year, 809 00:36:35,440 --> 00:36:36,120 Speaker 19: get into summer. 810 00:36:36,160 --> 00:36:36,319 Speaker 14: You know. 811 00:36:36,360 --> 00:36:40,080 Speaker 19: I think there's some some cause for optimism coming through, 812 00:36:40,160 --> 00:36:42,759 Speaker 19: but we also need the economy to turn around. And 813 00:36:42,800 --> 00:36:45,000 Speaker 19: it can be a bit circular, of course, but people 814 00:36:45,000 --> 00:36:47,600 Speaker 19: start to see some better economic news, confidence picks up 815 00:36:47,640 --> 00:36:49,640 Speaker 19: and it flows right through good stuff. 816 00:36:49,680 --> 00:36:52,560 Speaker 2: Calvin, appreciate your insight. Kelvin Davidson, Ount of Captality Auckland 817 00:36:52,600 --> 00:36:54,960 Speaker 2: down a bit this for the month of Auckland. Hamilton 818 00:36:55,040 --> 00:36:58,399 Speaker 2: Flat Tower is up, Wellington's down, christ Uche up quite 819 00:36:58,400 --> 00:37:01,160 Speaker 2: a lot and need up as well. So the further 820 00:37:01,239 --> 00:37:02,520 Speaker 2: south you go, the better it gets. 821 00:37:02,520 --> 00:37:07,640 Speaker 15: Fourteen past the Mike Asking Breakfast Fall Show podcast on 822 00:37:07,760 --> 00:37:10,120 Speaker 15: iHeartRadio powered by News Talks at b. 823 00:37:10,920 --> 00:37:13,080 Speaker 2: Tell you what this our three sixty things seems more 824 00:37:13,120 --> 00:37:15,840 Speaker 2: real by the day. Starting next year. It's the Saudi 825 00:37:15,880 --> 00:37:19,000 Speaker 2: backed rugby tournament. They're dragging some NRL players out of 826 00:37:19,000 --> 00:37:24,480 Speaker 2: Australia too. I've asked Scheck here was linked, but the 827 00:37:24,520 --> 00:37:27,080 Speaker 2: Australian's got a bit angsty yesterday, not just the NRL 828 00:37:27,160 --> 00:37:30,480 Speaker 2: but the Australian Rugby looking to move to block Wallaby. 829 00:37:30,600 --> 00:37:32,680 Speaker 2: So we'll tell you more about that before eight o'clock. Meantime, 830 00:37:32,680 --> 00:37:34,719 Speaker 2: it's sixteen past. New stats this morning shows what an 831 00:37:34,760 --> 00:37:37,120 Speaker 2: ugly plays prison can be. We've got one thousand and 832 00:37:37,200 --> 00:37:39,960 Speaker 2: eighty prisoner on staff assaults in the past year. Is 833 00:37:39,960 --> 00:37:41,600 Speaker 2: that a lot, Yes, it is. It's more it's almost 834 00:37:41,600 --> 00:37:43,759 Speaker 2: double what it was in twenty seventeen. Twenty eighteen, that 835 00:37:43,840 --> 00:37:46,479 Speaker 2: was the last time the prison population was about where 836 00:37:46,480 --> 00:37:49,520 Speaker 2: it is now. Lee Marsh's the corrections Custodial Services Commissioner 837 00:37:49,520 --> 00:37:50,640 Speaker 2: and is with us Lee morning. 838 00:37:51,440 --> 00:37:52,160 Speaker 20: Good morning mate. 839 00:37:52,200 --> 00:37:54,240 Speaker 2: So you got prisoner on prisoner and prisoner on staff. 840 00:37:54,280 --> 00:37:56,920 Speaker 2: I'm assuming you're more worried about prisoner on staff. Is 841 00:37:56,960 --> 00:37:59,640 Speaker 2: that what's materially changed if you got the same sort 842 00:37:59,680 --> 00:38:02,640 Speaker 2: of pop population, what's materially changed in terms of the violence. 843 00:38:03,600 --> 00:38:07,000 Speaker 21: Well, the population has changed incredibly of the last few years. 844 00:38:07,000 --> 00:38:09,719 Speaker 21: So whilst our overall net population is similar to what 845 00:38:09,719 --> 00:38:12,799 Speaker 21: it was in kind of twenty eight twenty nineteen, what 846 00:38:12,840 --> 00:38:17,120 Speaker 21: we're seeing is increasing gang membership and complexity of gang membership. 847 00:38:17,200 --> 00:38:20,040 Speaker 21: We're seeing a little more violence coming in off the 848 00:38:20,080 --> 00:38:22,439 Speaker 21: streets into our prisons. We're seeing the effects of meth 849 00:38:22,520 --> 00:38:25,799 Speaker 21: use within our communities and that sort of coming into 850 00:38:25,840 --> 00:38:26,600 Speaker 21: our prison. 851 00:38:26,360 --> 00:38:28,200 Speaker 2: Environment must be a hell of a job. 852 00:38:29,520 --> 00:38:32,719 Speaker 21: Well, it's I'll tell you what. Our officers are absolutely incredible. 853 00:38:33,000 --> 00:38:35,360 Speaker 21: They're dealing with the people that our courts say should 854 00:38:35,400 --> 00:38:37,239 Speaker 21: not be in the community, and they get up of 855 00:38:37,440 --> 00:38:39,399 Speaker 21: every day, come to work and they deal with those 856 00:38:39,440 --> 00:38:42,400 Speaker 21: people in our prisons trying to affect change to make 857 00:38:42,440 --> 00:38:44,120 Speaker 21: sure they get out safe, and they do an absolutely 858 00:38:44,120 --> 00:38:44,799 Speaker 21: incredible job. 859 00:38:44,960 --> 00:38:48,120 Speaker 2: All that stuff we've talked about before, Body cameras and stuff. 860 00:38:48,120 --> 00:38:49,839 Speaker 2: Has any of that helped materially? 861 00:38:50,920 --> 00:38:51,719 Speaker 20: I think it has. 862 00:38:51,800 --> 00:38:53,319 Speaker 21: I truly believe it has. If we look at the 863 00:38:53,320 --> 00:38:56,000 Speaker 21: assault stats, there's a little bit in the numbers there. 864 00:38:56,000 --> 00:38:58,239 Speaker 21: So while the net numbers has increased, we've done an 865 00:38:58,239 --> 00:39:03,279 Speaker 21: incredible amount of work alongside our partners to improve not 866 00:39:03,320 --> 00:39:05,400 Speaker 21: only the safety equipment, but the reporting. We want to 867 00:39:05,440 --> 00:39:07,960 Speaker 21: send a clear message that any violence against our staff 868 00:39:08,160 --> 00:39:11,839 Speaker 21: is not tolerated, and so this encouragement of reporting has 869 00:39:11,880 --> 00:39:15,920 Speaker 21: seen a significant increase in the reporting of non injury assaults, 870 00:39:16,120 --> 00:39:18,040 Speaker 21: and that's where the biggest number lies. So our serious 871 00:39:18,040 --> 00:39:21,240 Speaker 21: assaults have actually gone down. We're actually seeing a reduction 872 00:39:21,280 --> 00:39:24,280 Speaker 21: in the use of things like weapons. We are seeing 873 00:39:24,280 --> 00:39:27,120 Speaker 21: an increase in prison on prisoner kind of pack assaults, 874 00:39:27,280 --> 00:39:30,360 Speaker 21: and that's gang related really, But the majority of this increase, 875 00:39:30,400 --> 00:39:33,080 Speaker 21: in fact, the bulk of this increase that's caused the 876 00:39:33,120 --> 00:39:35,520 Speaker 21: net number to go up, is actually non injury assaults. 877 00:39:35,800 --> 00:39:37,759 Speaker 21: And they're basically a bit of a push or a shover, 878 00:39:37,920 --> 00:39:39,759 Speaker 21: a cup of water being thrown or an apple being 879 00:39:39,760 --> 00:39:41,040 Speaker 21: thrown at, you know that sort of thing. 880 00:39:41,040 --> 00:39:42,960 Speaker 2: Right, And does it affect recruiting. 881 00:39:44,280 --> 00:39:46,919 Speaker 21: Our recruiting has gone incredibly well. We've still got cues 882 00:39:46,920 --> 00:39:48,759 Speaker 21: of people wanting to come and join us. We offer 883 00:39:48,800 --> 00:39:52,600 Speaker 21: a fantastic career, a very rewarding career. Our turnover is 884 00:39:52,640 --> 00:39:55,040 Speaker 21: over halved in the last couple of years, and I 885 00:39:55,080 --> 00:39:57,080 Speaker 21: think we've had well in excess of one hundred and 886 00:39:57,120 --> 00:40:00,319 Speaker 21: thirty thousand applications since our latest campaign last in twenty 887 00:40:00,360 --> 00:40:00,759 Speaker 21: twenty four. 888 00:40:00,840 --> 00:40:03,160 Speaker 2: Good good stuff, Lee NICs and Lee Marsh see not 889 00:40:03,239 --> 00:40:06,200 Speaker 2: all bad news Corrections Custodial Services Commissioner with us this morning. 890 00:40:06,320 --> 00:40:08,560 Speaker 2: Justin by the way, doctor Jane Goodall, one of the 891 00:40:08,600 --> 00:40:12,279 Speaker 2: world's greats, has passed away natural courses. She's in California 892 00:40:12,400 --> 00:40:14,040 Speaker 2: working till the end, which I think is probably the 893 00:40:14,080 --> 00:40:16,600 Speaker 2: best way to be in California. On speaking to It 894 00:40:16,800 --> 00:40:19,160 Speaker 2: ninety one, What a fantastic life. She was last on 895 00:40:19,200 --> 00:40:21,600 Speaker 2: the program in twenty seventeen. At the moment, I mean, 896 00:40:21,600 --> 00:40:23,880 Speaker 2: the world seems a fraction and fragile place, doesn't it. 897 00:40:23,920 --> 00:40:27,120 Speaker 2: And when that happens, people's attention goes elsewhere. 898 00:40:27,640 --> 00:40:30,480 Speaker 22: Yeah, it does. And you know, I think the big 899 00:40:30,520 --> 00:40:35,200 Speaker 22: problem is that as the problems get worse, and you know, 900 00:40:35,280 --> 00:40:40,279 Speaker 22: the attacks on the environment was so ordinary, people just 901 00:40:40,440 --> 00:40:43,320 Speaker 22: feel there's nothing they can do, and so they lose 902 00:40:43,400 --> 00:40:46,200 Speaker 22: hope and do nothing and that's the disaster. 903 00:40:46,920 --> 00:40:50,960 Speaker 2: From twenty seventeen, her work they say revolutionized science. A 904 00:40:51,080 --> 00:40:55,239 Speaker 2: great life, Doctor Jane Goodall in ninety one seven twenty. 905 00:40:57,040 --> 00:41:01,719 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio, gow 906 00:41:01,760 --> 00:41:03,440 Speaker 1: it by News talksb. 907 00:41:04,920 --> 00:41:07,160 Speaker 2: Now, when you're looking to invest your hard earned you 908 00:41:07,200 --> 00:41:10,040 Speaker 2: want an established bank with solid foundation. Surely somewhere you 909 00:41:10,040 --> 00:41:11,960 Speaker 2: know you may not have explored as SBS Bank. Now 910 00:41:11,960 --> 00:41:13,759 Speaker 2: they've been in business in this country for over one 911 00:41:13,800 --> 00:41:16,520 Speaker 2: hundred and fifty six years and not only pride themselves 912 00:41:16,560 --> 00:41:19,320 Speaker 2: on providing those great rates for investors, they're passionately invested 913 00:41:19,360 --> 00:41:21,560 Speaker 2: in the community as well, proudly keeping the profits right 914 00:41:21,560 --> 00:41:24,799 Speaker 2: here in the country. And SBS basically they call it 915 00:41:24,840 --> 00:41:27,200 Speaker 2: conserving the KWI dream, Helping Key we save for their 916 00:41:27,280 --> 00:41:30,040 Speaker 2: dream futures, maybe helping the first home buyers into the 917 00:41:30,120 --> 00:41:32,960 Speaker 2: dream home. Key is helping Keywi's basically is what this is, 918 00:41:33,000 --> 00:41:34,759 Speaker 2: which has got a very nice ring to it, don't 919 00:41:34,760 --> 00:41:37,000 Speaker 2: you think so? If you've got grand dreams, and don't 920 00:41:37,000 --> 00:41:39,839 Speaker 2: we all really investing in the future, purchasing a holiday home, 921 00:41:40,120 --> 00:41:42,640 Speaker 2: helping the kids through uni saving for a comfortable retirement, 922 00:41:42,719 --> 00:41:45,640 Speaker 2: choose the bank investing in New Zealand's future. So whatever 923 00:41:45,680 --> 00:41:48,000 Speaker 2: you're saving for, SBS Bank have got a range of 924 00:41:48,000 --> 00:41:50,840 Speaker 2: investment options to help you get great returns on those savings. 925 00:41:50,960 --> 00:41:53,840 Speaker 2: And if you want to learn about their latest special rates, 926 00:41:54,000 --> 00:41:58,680 Speaker 2: you search SBS bank and start banking with heart. Asking 927 00:41:58,880 --> 00:42:01,600 Speaker 2: through the new head of a couple of weeks to 928 00:42:01,600 --> 00:42:03,600 Speaker 2: get a feet under the table, see what's what, and 929 00:42:03,640 --> 00:42:05,439 Speaker 2: she's with us after seven thirty CE. We were heading 930 00:42:05,440 --> 00:42:07,759 Speaker 2: with that particular department. It's a troubled department, of course, 931 00:42:08,160 --> 00:42:10,400 Speaker 2: and has been reformed. We had the chair on ironically 932 00:42:10,480 --> 00:42:12,600 Speaker 2: yesterday about this new procurement thing, so we'll get back 933 00:42:12,640 --> 00:42:15,319 Speaker 2: to that. So she's about fifty minutes away anyway. Treasury right, 934 00:42:15,400 --> 00:42:18,359 Speaker 2: Treasury have done one of their long term reports. They 935 00:42:18,400 --> 00:42:21,440 Speaker 2: look out forty years and the thrust of what they 936 00:42:21,520 --> 00:42:24,480 Speaker 2: say is important. But the big question is what, if anything, 937 00:42:24,680 --> 00:42:27,160 Speaker 2: is to be done about it. So in civil terms, 938 00:42:27,239 --> 00:42:29,520 Speaker 2: we spend too much as a country, we owe too much, 939 00:42:29,600 --> 00:42:31,600 Speaker 2: and no one is really doing much about any of that. 940 00:42:31,840 --> 00:42:35,240 Speaker 2: Even this government, a conservative government, is running a deficit. 941 00:42:35,280 --> 00:42:37,400 Speaker 2: They spend more than they make. Not just that, but 942 00:42:37,480 --> 00:42:40,360 Speaker 2: each year they said that they would change that they haven't. 943 00:42:41,120 --> 00:42:43,040 Speaker 2: We're out to twenty eight twenty nine currently before we 944 00:42:43,080 --> 00:42:44,879 Speaker 2: get back to an annual surplus, and even then it's 945 00:42:44,920 --> 00:42:46,839 Speaker 2: touch and go. Oh they've got excuses. Of course, they've 946 00:42:46,840 --> 00:42:49,640 Speaker 2: got excuses. We always have excuses, As Treasury says, in 947 00:42:49,640 --> 00:42:53,439 Speaker 2: the past twenty years, we have had favorable tail winds economically, 948 00:42:53,960 --> 00:42:56,879 Speaker 2: and yet the debt is still higher than forecast. One 949 00:42:56,880 --> 00:42:59,040 Speaker 2: economist said this report should be on the reading list 950 00:42:59,080 --> 00:43:01,520 Speaker 2: of every one of us. It won't be. He also 951 00:43:01,560 --> 00:43:03,480 Speaker 2: says he doesn't think politicians are going to be able 952 00:43:03,520 --> 00:43:06,040 Speaker 2: to make these changes needed until the voting public is 953 00:43:06,040 --> 00:43:08,640 Speaker 2: behind those choices. So two problems they are. One we 954 00:43:08,719 --> 00:43:11,200 Speaker 2: aren't reading the report, and two I suspect even if 955 00:43:11,239 --> 00:43:13,239 Speaker 2: we did read it, many wouldn't really be into the 956 00:43:13,280 --> 00:43:16,359 Speaker 2: sort of fiscal discipline required to sort ourselves out. We 957 00:43:16,400 --> 00:43:21,160 Speaker 2: pay closing in on ten billion dollars a year on 958 00:43:21,239 --> 00:43:24,560 Speaker 2: interest on our debt, just on the interest, twenty eight 959 00:43:24,760 --> 00:43:27,920 Speaker 2: million dollars a day. Every day debt goes nowhere, just 960 00:43:28,000 --> 00:43:29,960 Speaker 2: the interest in Yet every time a government goes to 961 00:43:30,000 --> 00:43:32,040 Speaker 2: save you can hear the screams, can't you count those 962 00:43:32,040 --> 00:43:34,600 Speaker 2: complaining here the endless excuses as to why it shouldn't 963 00:43:34,600 --> 00:43:37,479 Speaker 2: be them. If we don't change this, the report says 964 00:43:37,480 --> 00:43:40,319 Speaker 2: we will have debt rising to two hundred percent of 965 00:43:40,480 --> 00:43:43,000 Speaker 2: GDP by twenty sixty five. It's currently forty five, so 966 00:43:43,040 --> 00:43:45,000 Speaker 2: we're going from forty five to two hundred percent. Two 967 00:43:45,080 --> 00:43:47,920 Speaker 2: hundred percent would literally ruin us. So it's one of 968 00:43:47,960 --> 00:43:50,400 Speaker 2: life's great quandaries, isn't it. We've got a problem, a 969 00:43:50,480 --> 00:43:53,360 Speaker 2: growing problem. We know about the problem, We actually know 970 00:43:53,400 --> 00:43:55,440 Speaker 2: what the solutions of the problem is. Do we ignore 971 00:43:55,440 --> 00:43:58,520 Speaker 2: it or tackle it? If we do, how are we 972 00:43:58,640 --> 00:44:01,320 Speaker 2: even capable of trying, who's going to lead that charge? 973 00:44:01,640 --> 00:44:03,800 Speaker 2: Or do we simply wait for next year's report to 974 00:44:03,840 --> 00:44:07,560 Speaker 2: confirm that between now and then nothing will change? PASKI 975 00:44:07,760 --> 00:44:10,160 Speaker 2: were struggling to understand how Bishop can dismiss the EWE 976 00:44:10,239 --> 00:44:13,319 Speaker 2: profiteering once again at taxpayers expense. Clearly Ko either didn't 977 00:44:13,360 --> 00:44:15,040 Speaker 2: explore the market and couldn't be bothered to get the 978 00:44:15,040 --> 00:44:18,239 Speaker 2: best result for taxpayers, or simply negligent. Well, all of 979 00:44:18,239 --> 00:44:19,880 Speaker 2: those things could be true. What I was trying to 980 00:44:19,880 --> 00:44:21,160 Speaker 2: point out I did this at the very start of 981 00:44:21,200 --> 00:44:25,000 Speaker 2: the program, And Chris knows it's true, is that whoever 982 00:44:25,080 --> 00:44:29,200 Speaker 2: negotiated these settlements with various ee around the country, the 983 00:44:29,280 --> 00:44:34,840 Speaker 2: first writer refusal clearly doesn't have some cultural slash historic 984 00:44:34,960 --> 00:44:38,520 Speaker 2: connection clause to it. In other words, what I would 985 00:44:38,560 --> 00:44:41,120 Speaker 2: have done in drawing up the contract is no problem. 986 00:44:41,160 --> 00:44:44,000 Speaker 2: If a piece of land or something significant to your 987 00:44:44,040 --> 00:44:46,919 Speaker 2: EWE comes up, you should, as part of this deal 988 00:44:46,960 --> 00:44:50,719 Speaker 2: get first right and refusal on the understanding that you 989 00:44:50,800 --> 00:44:54,440 Speaker 2: pay market rates and you hold it in perpetuity. Because 990 00:44:54,480 --> 00:44:58,840 Speaker 2: your argument is it's deeply personal, and deeply cultural and 991 00:44:58,880 --> 00:45:04,600 Speaker 2: deeply historic. Right, So we're putting a past wrong right, 992 00:45:04,640 --> 00:45:06,680 Speaker 2: which is what the whole treaty process was supposed to 993 00:45:06,719 --> 00:45:10,120 Speaker 2: be about. It's not about real estate speculation, which is 994 00:45:10,160 --> 00:45:13,239 Speaker 2: clearly where this has gone. I still struggled because the 995 00:45:13,280 --> 00:45:15,680 Speaker 2: development company of which Ian Castle's was one of the people, 996 00:45:16,480 --> 00:45:19,040 Speaker 2: very experienced developer. How is it he finds three million 997 00:45:19,040 --> 00:45:20,719 Speaker 2: dollars worth of value in it a couple of days 998 00:45:20,760 --> 00:45:22,680 Speaker 2: after somebody goes on, now we're looking for it as 999 00:45:22,680 --> 00:45:26,799 Speaker 2: one million. It doesn't add up. Yeah, new job. Another 1000 00:45:26,920 --> 00:45:30,520 Speaker 2: another offshore person, Natalie comes to us from Canada to 1001 00:45:30,600 --> 00:45:33,920 Speaker 2: run far MEC. Things seem to be going well slowly 1002 00:45:33,920 --> 00:45:35,800 Speaker 2: being turned around, so we'll talk about that. Nadia O 1003 00:45:35,800 --> 00:45:38,239 Speaker 2: Limp would hatch up in the studio after eight still 1004 00:45:38,239 --> 00:45:40,160 Speaker 2: to come this morning on the mic Hosking Breakfast where 1005 00:45:40,160 --> 00:45:41,360 Speaker 2: the news is next. 1006 00:45:42,120 --> 00:45:45,120 Speaker 3: No fluff, just facts and fierce debate. 1007 00:45:45,280 --> 00:45:50,359 Speaker 1: The mic Hosking Breakfast with Vida, Retirement, Communities, Life Your Way, News, 1008 00:45:50,440 --> 00:45:52,839 Speaker 1: togs hed been Nadia. 1009 00:45:52,600 --> 00:45:55,080 Speaker 2: Limb back and quicksh up after eight o'clock this morning. 1010 00:45:55,120 --> 00:45:56,879 Speaker 2: End of Brady is doing the business on the other 1011 00:45:56,920 --> 00:45:58,880 Speaker 2: side of the world in Britain right to farm Ock, 1012 00:45:58,920 --> 00:46:01,560 Speaker 2: our drug funding agent which is and has been undergoing 1013 00:46:01,600 --> 00:46:04,680 Speaker 2: some sort of reasonably large reform just yesterday talking to 1014 00:46:04,719 --> 00:46:07,080 Speaker 2: the chair of course about the new procurement rules. The 1015 00:46:07,120 --> 00:46:09,560 Speaker 2: chair is new, there is some more funding has announced 1016 00:46:09,560 --> 00:46:12,239 Speaker 2: by the government of the previous budget and the CEO 1017 00:46:12,320 --> 00:46:15,880 Speaker 2: is new as well. Natalie McMurtry, Farmac's CEO is with us. 1018 00:46:15,920 --> 00:46:19,719 Speaker 2: Natalie morning, good morning, welcome to the country. Enjoying it 1019 00:46:19,760 --> 00:46:20,160 Speaker 2: so far. 1020 00:46:21,280 --> 00:46:24,560 Speaker 23: I love it, thanks, thanks so much. Everyone's been so lovely. 1021 00:46:25,200 --> 00:46:27,320 Speaker 2: How did it work for you? Without getting too personal 1022 00:46:27,320 --> 00:46:28,839 Speaker 2: about it all, I mean, what did you know of 1023 00:46:28,880 --> 00:46:31,600 Speaker 2: New Zealand and Farmac and what brought you here? 1024 00:46:33,360 --> 00:46:36,960 Speaker 23: Well, Farmac. I've been working in the pharmacy and drug 1025 00:46:37,040 --> 00:46:40,600 Speaker 23: sector for my whole career over twenty five years. Farmac 1026 00:46:40,640 --> 00:46:44,440 Speaker 23: has always been a model that we looked to and 1027 00:46:44,560 --> 00:46:48,640 Speaker 23: known about, so it's always been in the circle of 1028 00:46:48,680 --> 00:46:52,440 Speaker 23: my professional life. I guess for me, I had the 1029 00:46:52,480 --> 00:46:56,640 Speaker 23: opportunity come forward for me to consider, and it was 1030 00:46:56,680 --> 00:47:01,200 Speaker 23: a good fit lifestyle and lovely country and an amazing 1031 00:47:01,520 --> 00:47:02,560 Speaker 23: model to work in. 1032 00:47:03,000 --> 00:47:05,839 Speaker 2: The model as you saw what we would will see, 1033 00:47:05,840 --> 00:47:08,319 Speaker 2: it has challenged in recent years. Did you see it 1034 00:47:08,320 --> 00:47:11,040 Speaker 2: as challenged and in need of some reform or was 1035 00:47:11,080 --> 00:47:13,160 Speaker 2: that reform in place to the extent that you were 1036 00:47:13,200 --> 00:47:15,480 Speaker 2: happy with and could dub titlan and get on with it. 1037 00:47:16,600 --> 00:47:19,440 Speaker 23: I think that you know, there was an opportunity to 1038 00:47:19,480 --> 00:47:21,720 Speaker 23: be able to make an impact, which I'm really thrilled 1039 00:47:21,760 --> 00:47:25,920 Speaker 23: with with the right leadership, the board that has a 1040 00:47:25,960 --> 00:47:28,200 Speaker 23: great plan in place and something that I could get 1041 00:47:28,200 --> 00:47:31,440 Speaker 23: behind and happy to keep moving forward. The momentum on 1042 00:47:31,560 --> 00:47:33,720 Speaker 23: the on the reset plan that's been in place. 1043 00:47:34,200 --> 00:47:37,440 Speaker 2: Where do you see it at currently versus where it 1044 00:47:37,480 --> 00:47:39,520 Speaker 2: could be would be in a couple of years time. 1045 00:47:41,040 --> 00:47:43,880 Speaker 23: Well, I think you know, it's hard to really comment 1046 00:47:43,960 --> 00:47:46,520 Speaker 23: on the past, but moving forward. I think we have 1047 00:47:46,680 --> 00:47:49,760 Speaker 23: the right things in place. We've started to engage patients 1048 00:47:49,760 --> 00:47:53,320 Speaker 23: and families more. We have a Consumer Advisory Group Working 1049 00:47:53,320 --> 00:47:58,200 Speaker 23: group chaired by Malcolmholland that's working really closely hand in 1050 00:47:58,200 --> 00:48:00,200 Speaker 23: glove with our RESET team, and I think I think 1051 00:48:00,239 --> 00:48:02,040 Speaker 23: that will be able to set a framework that will 1052 00:48:02,040 --> 00:48:03,879 Speaker 23: be able to move forward in a positive way. 1053 00:48:04,120 --> 00:48:07,120 Speaker 2: Is it same in places like Canada? In other words, 1054 00:48:07,200 --> 00:48:09,640 Speaker 2: the government gives you money. There's never enough money. The 1055 00:48:09,680 --> 00:48:12,600 Speaker 2: world is full of drugs and inventions and science and excitement, 1056 00:48:12,640 --> 00:48:14,759 Speaker 2: and there's always a demand que of people saying how 1057 00:48:14,760 --> 00:48:15,200 Speaker 2: about this? 1058 00:48:16,600 --> 00:48:18,840 Speaker 23: Well, yeah, I think that's a challenge of anyone who's 1059 00:48:18,840 --> 00:48:22,360 Speaker 23: been in executive leadership and healthcare in any public system, 1060 00:48:22,800 --> 00:48:25,120 Speaker 23: and there's always the trade offs that you have to manage, 1061 00:48:25,120 --> 00:48:27,080 Speaker 23: and we try to do the best job that we 1062 00:48:27,120 --> 00:48:28,600 Speaker 23: can with the money available. 1063 00:48:29,200 --> 00:48:32,319 Speaker 2: Where are you at in my current fascinations, I means 1064 00:48:32,360 --> 00:48:36,520 Speaker 2: everyone GLP wones. So your Minister David Seymour has an 1065 00:48:36,600 --> 00:48:39,560 Speaker 2: argument that if you spend dollars now, you can save 1066 00:48:39,600 --> 00:48:42,359 Speaker 2: dollars in the future somewhere else. So, in other words, 1067 00:48:42,400 --> 00:48:44,440 Speaker 2: GLP ones would be a very good example. If you 1068 00:48:44,480 --> 00:48:47,080 Speaker 2: can cure obesity, think about what you could save in 1069 00:48:47,080 --> 00:48:49,239 Speaker 2: the health system going down the track. Do you subscribe 1070 00:48:49,280 --> 00:48:50,839 Speaker 2: and buy into that and is it real? 1071 00:48:52,360 --> 00:48:57,600 Speaker 23: Well, I think there's definitely opportunities where drugs and new 1072 00:48:57,680 --> 00:49:01,960 Speaker 23: technologies can improve lives and livelihoods into the future. And 1073 00:49:02,040 --> 00:49:04,560 Speaker 23: telling that story and getting the right data to make 1074 00:49:04,600 --> 00:49:08,400 Speaker 23: that case around is it capacity, is it better livelihoods, 1075 00:49:08,880 --> 00:49:11,920 Speaker 23: people have better productivity? Some of that math is a 1076 00:49:11,920 --> 00:49:13,840 Speaker 23: bit tricky, but we're working on the best way to 1077 00:49:13,880 --> 00:49:16,400 Speaker 23: tell that story, okay. And I certainly think there's a 1078 00:49:16,440 --> 00:49:17,240 Speaker 23: real story there. 1079 00:49:17,640 --> 00:49:20,680 Speaker 2: The procurement thing that we had the chair on about yesterday. 1080 00:49:20,719 --> 00:49:22,520 Speaker 2: You do some of it in Health New Zealand. Does it? 1081 00:49:22,600 --> 00:49:24,879 Speaker 2: Does all of that make sense? And we better off 1082 00:49:24,920 --> 00:49:25,239 Speaker 2: for that? 1083 00:49:26,600 --> 00:49:26,759 Speaker 22: Oh? 1084 00:49:26,800 --> 00:49:30,280 Speaker 23: I think that this has been a great moving forward 1085 00:49:30,320 --> 00:49:34,120 Speaker 23: step for the organization after many years of confusion and 1086 00:49:34,239 --> 00:49:36,960 Speaker 23: making the best of both Health New Zealand and FARMAC 1087 00:49:37,040 --> 00:49:39,919 Speaker 23: working together to be able to get those the right 1088 00:49:39,960 --> 00:49:43,920 Speaker 23: innovations available to New Zealand. So I'm really happy about that. 1089 00:49:44,320 --> 00:49:46,200 Speaker 2: Good to talk to you and welcome to the country 1090 00:49:46,200 --> 00:49:47,879 Speaker 2: and enjoy the job. And I'm sure we'll talk again. 1091 00:49:47,920 --> 00:49:51,520 Speaker 2: Betleie McMurtrie, who's the new CEO of Farmic nineteen away 1092 00:49:51,600 --> 00:49:54,040 Speaker 2: from seven asking let me spending a bit of time 1093 00:49:54,080 --> 00:49:55,680 Speaker 2: next week there the whole country is going to be 1094 00:49:55,680 --> 00:49:58,480 Speaker 2: moderately exercised on what are the Reservement going to do? 1095 00:49:58,520 --> 00:50:00,839 Speaker 2: It's Wednesday, it is the second last meeting of the year. 1096 00:50:00,920 --> 00:50:02,960 Speaker 2: Christian Hawksby still in charge, although he knows now he 1097 00:50:02,960 --> 00:50:05,000 Speaker 2: doesn't get the job and he's leaving the bank. I 1098 00:50:05,000 --> 00:50:07,040 Speaker 2: don't know whether that sort of effects his mood and 1099 00:50:07,120 --> 00:50:11,359 Speaker 2: the Monetary Committee's mood, but nevertheless they're going to come 1100 00:50:11,400 --> 00:50:14,200 Speaker 2: with certainly twenty five. The debate is now on as 1101 00:50:14,200 --> 00:50:17,040 Speaker 2: to whether it's fifty. So who says what? Nick Tuffley, 1102 00:50:17,080 --> 00:50:20,520 Speaker 2: who's at the ASB, he raises quite rightly the fact 1103 00:50:20,560 --> 00:50:22,719 Speaker 2: that the New Zealand dollars fall into a multi year low, 1104 00:50:22,760 --> 00:50:26,160 Speaker 2: and that has got to be of concern to the 1105 00:50:26,200 --> 00:50:29,720 Speaker 2: Monetary Policy Committee. I would have thought recovery is taking longer. 1106 00:50:29,800 --> 00:50:33,080 Speaker 2: The economy feels, says Nick, like it needs a bit 1107 00:50:33,120 --> 00:50:36,200 Speaker 2: of a circuit breaker. No kidding. You could have argued 1108 00:50:36,239 --> 00:50:40,239 Speaker 2: that back in June and July when the Reserve Bank 1109 00:50:40,239 --> 00:50:43,520 Speaker 2: we're doing nothing. So have they suddenly panicked? Have they 1110 00:50:43,520 --> 00:50:47,520 Speaker 2: suddenly gone? Jeez? Were taking heat here? Can we go fifty? 1111 00:50:48,080 --> 00:50:50,359 Speaker 2: The RB needs to hit the gas harder, he says, 1112 00:50:50,400 --> 00:50:51,920 Speaker 2: and I think on that he's right. B and Zi 1113 00:50:52,000 --> 00:50:54,879 Speaker 2: dug Steel he says, the right cuts are done. Deal, 1114 00:50:54,880 --> 00:50:57,680 Speaker 2: we're sticking with our central view of two more twenty fives. 1115 00:50:58,520 --> 00:51:00,880 Speaker 2: There's a very real risk that abut that'll shire Reserve 1116 00:51:00,920 --> 00:51:04,040 Speaker 2: banks suffers stick a shock from Q two GDP. Good point. 1117 00:51:04,760 --> 00:51:07,280 Speaker 2: Not willing to wait for the Q three GDP outturn 1118 00:51:07,320 --> 00:51:10,319 Speaker 2: to be published. So cuts the rate fifty? Now? Is 1119 00:51:10,360 --> 00:51:12,560 Speaker 2: that a risk? Or do you go go for it? 1120 00:51:13,640 --> 00:51:15,279 Speaker 2: Key piece of data they're going to be waiting for 1121 00:51:15,400 --> 00:51:19,160 Speaker 2: is the NZED Economic Research, the Institute of quarterly Survey 1122 00:51:19,200 --> 00:51:21,080 Speaker 2: of Business Opinion, that comes out the day before, so 1123 00:51:21,160 --> 00:51:23,840 Speaker 2: this coming Tuesday. In other words, what's that say. I 1124 00:51:23,880 --> 00:51:26,319 Speaker 2: can tell you what it's going to say, and if 1125 00:51:26,320 --> 00:51:27,799 Speaker 2: it says what we think it's going to say, which 1126 00:51:27,840 --> 00:51:29,799 Speaker 2: is it's miserable, they need to do something about A 1127 00:51:29,880 --> 00:51:32,239 Speaker 2: and Z. Sharon Zolas she says, both options have pros 1128 00:51:32,280 --> 00:51:35,560 Speaker 2: and cons, which is true. That's the economy overall. We 1129 00:51:35,640 --> 00:51:40,000 Speaker 2: see the value of optionality at twenty five. So from 1130 00:51:40,000 --> 00:51:42,240 Speaker 2: those three economists you got two twenty five In fifty. 1131 00:51:43,040 --> 00:51:45,920 Speaker 2: We wait and see seventeen to two the. 1132 00:51:46,040 --> 00:51:50,440 Speaker 1: Vike Asking Breakfast Full Show podcast on iHeartRadio powered by 1133 00:51:50,520 --> 00:51:51,040 Speaker 1: News Talks. 1134 00:51:51,040 --> 00:51:53,839 Speaker 2: It'd be this's our three to sixty thing. We'll talk 1135 00:51:53,880 --> 00:51:57,120 Speaker 2: to Jim Dollan in Australia because they seem if we 1136 00:51:57,200 --> 00:51:59,080 Speaker 2: missed the boat on this in this country. I mean 1137 00:51:59,120 --> 00:52:01,840 Speaker 2: as the New Zealand Rugby Union like sitting there yesterday 1138 00:52:01,880 --> 00:52:03,960 Speaker 2: the Australian Rugby Union said we're going to look at 1139 00:52:04,000 --> 00:52:06,880 Speaker 2: blocking Wallaby's. So if you want to play our through sixty, 1140 00:52:06,880 --> 00:52:09,279 Speaker 2: go for gold. Once we've sued you in taking to court, 1141 00:52:09,320 --> 00:52:11,560 Speaker 2: by the way, after that you can go play, but 1142 00:52:11,560 --> 00:52:13,400 Speaker 2: you're never going to be a Wallaby again. Now have 1143 00:52:13,480 --> 00:52:15,200 Speaker 2: we heard that from the New Zealand Rugby Union? Do 1144 00:52:15,239 --> 00:52:17,239 Speaker 2: they even is this a thing? Could it be a thing? 1145 00:52:17,280 --> 00:52:19,239 Speaker 2: Do we take it seriously? This thing's launching next to 1146 00:52:19,280 --> 00:52:22,399 Speaker 2: you normal circumstances. You go, hmm, could be a thing. 1147 00:52:22,440 --> 00:52:24,800 Speaker 2: But the Saudis make stuff happen. By the way, the 1148 00:52:24,880 --> 00:52:27,760 Speaker 2: Herne brothers, not the horn brothers, father and son, Barry 1149 00:52:27,800 --> 00:52:31,400 Speaker 2: and see the other guy's named Barry Hearne and whatever 1150 00:52:31,440 --> 00:52:34,560 Speaker 2: his name is, Eddie. There's a Netflix thing on them, 1151 00:52:34,640 --> 00:52:38,360 Speaker 2: it's I won't recommend it because it's got that classic 1152 00:52:38,480 --> 00:52:42,400 Speaker 2: stage thing going on, where like Eddie sits in the 1153 00:52:42,440 --> 00:52:45,839 Speaker 2: office with Barry and Barry goes, so, Eddie, what's going 1154 00:52:45,920 --> 00:52:48,040 Speaker 2: on then? And Eddie goes, well, not a lot, Dad 1155 00:52:48,040 --> 00:52:50,279 Speaker 2: at the moment, got to boxing, got aj comming in 1156 00:52:50,320 --> 00:52:52,680 Speaker 2: for a meeting. Oh, that will be good. Then let 1157 00:52:52,680 --> 00:52:55,200 Speaker 2: me know when he gets There's a lot of that anyway, 1158 00:52:55,239 --> 00:52:59,200 Speaker 2: The point being, as far as promotion is concerned in 1159 00:52:59,360 --> 00:53:02,080 Speaker 2: sport and ffessionals, they're very heavily tied up with the 1160 00:53:02,080 --> 00:53:05,799 Speaker 2: Saudis in the snooker and the boxing, and so when 1161 00:53:05,800 --> 00:53:08,440 Speaker 2: the Saudis want to make something happen, they're going to 1162 00:53:08,440 --> 00:53:11,600 Speaker 2: make it happen. So ask three sixties real. So we'll 1163 00:53:11,600 --> 00:53:13,320 Speaker 2: talk more about that than just a couple of moments. 1164 00:53:13,320 --> 00:53:16,040 Speaker 2: By the way, if this means anything to you, the 1165 00:53:16,360 --> 00:53:19,600 Speaker 2: stats Department provided us with a reminder of how rich 1166 00:53:19,640 --> 00:53:21,719 Speaker 2: we're not if you want to be in the top 1167 00:53:21,760 --> 00:53:23,799 Speaker 2: fifty percent, which I would have thought is just such 1168 00:53:23,880 --> 00:53:25,759 Speaker 2: a depressing if you're in the top fifty percent. So, 1169 00:53:25,760 --> 00:53:27,719 Speaker 2: in other words, is just half of you half you are, 1170 00:53:27,800 --> 00:53:30,319 Speaker 2: half you aren't. I mean, I'll get to the top 1171 00:53:30,360 --> 00:53:32,920 Speaker 2: one percent, that's quite exciting. But the top fifty percent, 1172 00:53:33,040 --> 00:53:34,800 Speaker 2: guess what I am. I'm in the top fifty percent? 1173 00:53:34,800 --> 00:53:37,600 Speaker 2: Are you how exciting you need to be worth? And this, 1174 00:53:37,640 --> 00:53:41,840 Speaker 2: once again is this, Sell everything you've got, get rid 1175 00:53:41,880 --> 00:53:44,719 Speaker 2: of all your debt. How much you got left. To 1176 00:53:44,719 --> 00:53:46,400 Speaker 2: be in the top fifty percent, you need one hundred 1177 00:53:46,400 --> 00:53:48,399 Speaker 2: and thirty eight hundred and fifty dollars. If you don't 1178 00:53:48,400 --> 00:53:50,440 Speaker 2: have that, you're in the bottom fifty percent. That'll be 1179 00:53:50,440 --> 00:53:52,960 Speaker 2: a thoroughly depressing day. Top ten percent you need one 1180 00:53:52,960 --> 00:53:56,319 Speaker 2: point two two six million. Top five percent you need 1181 00:53:56,360 --> 00:53:58,759 Speaker 2: one point eight eighty three. Now that's interesting. I would 1182 00:53:58,760 --> 00:54:00,839 Speaker 2: have thought that's not a big gap between the top 1183 00:54:00,880 --> 00:54:02,520 Speaker 2: ten and the top five. One point two to one 1184 00:54:02,520 --> 00:54:05,160 Speaker 2: point eight. Top one's a whole different kettle fish. 1185 00:54:05,160 --> 00:54:05,359 Speaker 11: Though. 1186 00:54:05,719 --> 00:54:07,799 Speaker 2: To be in the top one percent, you need four 1187 00:54:07,840 --> 00:54:12,799 Speaker 2: point seven three five million dollars the median of the 1188 00:54:12,840 --> 00:54:14,840 Speaker 2: top one percent. This is where you get to the heavyweights. 1189 00:54:14,880 --> 00:54:17,160 Speaker 2: The median of the top one percent to seven point 1190 00:54:17,200 --> 00:54:20,480 Speaker 2: one three years ago. Tho, that was eleven point two. 1191 00:54:20,840 --> 00:54:23,120 Speaker 2: So to say the richer getting richer is simply not true. 1192 00:54:23,120 --> 00:54:26,080 Speaker 2: They're not, but at least they're not in the bottom 1193 00:54:26,120 --> 00:54:28,200 Speaker 2: fifty percent. Anyway, Let's get to the rugby in the 1194 00:54:28,200 --> 00:54:29,719 Speaker 2: moment I leave it away from it. 1195 00:54:29,800 --> 00:54:33,680 Speaker 1: So Mike Costing breakfast with a Vita retirement, Communities News, 1196 00:54:33,719 --> 00:54:34,520 Speaker 1: togs Head been. 1197 00:54:34,560 --> 00:54:37,479 Speaker 2: Away from the new Saudi backdar through sixty looks real, 1198 00:54:37,480 --> 00:54:40,120 Speaker 2: as I've just been saying. NRL allegedly facing losing at 1199 00:54:40,200 --> 00:54:42,719 Speaker 2: least ten key players, Rugby Australia looking to block any 1200 00:54:42,719 --> 00:54:45,400 Speaker 2: Wallabies of their jump. Jim Dollars and Australian sports journalists 1201 00:54:45,400 --> 00:54:49,000 Speaker 2: back with us. Jim Morning Today, Mike, how much fizz 1202 00:54:49,040 --> 00:54:51,319 Speaker 2: has there been around this in the last few months? 1203 00:54:51,320 --> 00:54:53,640 Speaker 2: Are people taking this seriously? Or are we just start 1204 00:54:53,680 --> 00:54:54,799 Speaker 2: of waking up to this now? 1205 00:54:55,760 --> 00:54:58,120 Speaker 4: It pubbles to the surface a lot and then sort 1206 00:54:58,120 --> 00:55:02,759 Speaker 4: of goes back yesterday. It's certainly with the starting date 1207 00:55:03,000 --> 00:55:05,480 Speaker 4: apparently locked in for next year, it certainly did come 1208 00:55:05,520 --> 00:55:07,480 Speaker 4: back to the surface with the talk of ten blazers 1209 00:55:07,480 --> 00:55:11,440 Speaker 4: from the NRL, and somebody went on the record, Clinton Schifofski, 1210 00:55:11,480 --> 00:55:14,600 Speaker 4: who's a player manager. He's a former player, played for 1211 00:55:14,640 --> 00:55:17,920 Speaker 4: a number of clubs, Canberra and Paramatta and also played 1212 00:55:17,960 --> 00:55:21,000 Speaker 4: State of origin for Queensland. He has confirmed that he 1213 00:55:21,080 --> 00:55:24,560 Speaker 4: has spoken to people from three point sixty, which no 1214 00:55:24,600 --> 00:55:26,880 Speaker 4: one else has said so far, and he also manages 1215 00:55:26,920 --> 00:55:30,600 Speaker 4: the three players who the most mentioned, Zach Lomas, also 1216 00:55:30,719 --> 00:55:36,520 Speaker 4: Melbourne's Ryan Pappenhausen and Jay Gray from South Sydney. Now 1217 00:55:36,680 --> 00:55:39,200 Speaker 4: Zach Lomax. There's been all sorts of rumor saying that 1218 00:55:39,239 --> 00:55:41,279 Speaker 4: he played his last game for paramatter as he was 1219 00:55:41,360 --> 00:55:44,480 Speaker 4: very keen despite being contracted until the end of twenty 1220 00:55:44,520 --> 00:55:47,239 Speaker 4: twenty eight. Well, Zach pot paid to that last night 1221 00:55:47,560 --> 00:55:49,840 Speaker 4: at the Dallyms when he said, no, my focus is 1222 00:55:49,840 --> 00:55:53,120 Speaker 4: on Paramatta next year. It's not right that I'm going right. 1223 00:55:53,200 --> 00:55:56,319 Speaker 2: So what we know allegedly is this thing begins October two, 1224 00:55:56,360 --> 00:55:59,839 Speaker 2: twenty twenty six, so we're less technically a year ago. 1225 00:56:00,560 --> 00:56:02,560 Speaker 2: They actually haven't got a player, have they. There's just 1226 00:56:02,600 --> 00:56:04,359 Speaker 2: a lot of heat we're talking to. There's no one 1227 00:56:04,440 --> 00:56:05,440 Speaker 2: signed and said I'm. 1228 00:56:05,320 --> 00:56:09,799 Speaker 4: Off no, and no coaches that don't have any venues yet. 1229 00:56:09,840 --> 00:56:13,080 Speaker 4: There's been some thrown up and there's plenty of talk 1230 00:56:13,080 --> 00:56:15,080 Speaker 4: to's money coming from all around the world, but no 1231 00:56:15,080 --> 00:56:16,799 Speaker 4: one's actually put their hand up and said yes, I'm 1232 00:56:16,800 --> 00:56:17,560 Speaker 4: investing in this. 1233 00:56:17,920 --> 00:56:21,279 Speaker 2: Right. So when I read about the Australian rugby people going, well, 1234 00:56:21,280 --> 00:56:23,360 Speaker 2: you can't be a Wallaby if you're going to do this. 1235 00:56:23,680 --> 00:56:26,799 Speaker 2: So this is kind of the shadow boxing. Will say 1236 00:56:26,840 --> 00:56:28,799 Speaker 2: this and you do that and we'll see where it 1237 00:56:28,800 --> 00:56:29,359 Speaker 2: shakes down. 1238 00:56:30,200 --> 00:56:32,640 Speaker 4: Oh yeah, Australian rugby is in a very strong position 1239 00:56:32,680 --> 00:56:35,080 Speaker 4: because of the home World Cup in twenty twenty seven. 1240 00:56:35,400 --> 00:56:37,560 Speaker 4: Strange timing trying to do it a year out from 1241 00:56:37,560 --> 00:56:40,319 Speaker 4: a Rugby oler Cap. If this was happening a year 1242 00:56:40,400 --> 00:56:42,960 Speaker 4: after the Rugby World Cap, I think a lot more 1243 00:56:43,080 --> 00:56:44,760 Speaker 4: around Alumbells would be ringing. 1244 00:56:45,000 --> 00:56:47,880 Speaker 2: Yeah, does it appeal to you, Jim? I'm looking at 1245 00:56:47,920 --> 00:56:51,080 Speaker 2: these so based in London, Miami, Tokyo, to Baya, Boston, 1246 00:56:51,120 --> 00:56:54,080 Speaker 2: Cape Town, Lisbon, Madrid. Who cares? Like, I mean, why 1247 00:56:54,120 --> 00:56:54,879 Speaker 2: am I watching that? 1248 00:56:55,160 --> 00:56:55,719 Speaker 24: What for? 1249 00:56:56,880 --> 00:56:59,319 Speaker 4: And it's just like the rugby World seven's that we 1250 00:56:59,400 --> 00:57:02,600 Speaker 4: already have. So there's some talk of the Saudi involvement, 1251 00:57:02,760 --> 00:57:06,000 Speaker 4: maybe pitch for Saudi or Katsa to host the future 1252 00:57:06,080 --> 00:57:09,160 Speaker 4: Rugby World Cap. And this could be very big bargaining 1253 00:57:09,239 --> 00:57:13,799 Speaker 4: chip because they've saw what happened with golf and yeah, 1254 00:57:13,840 --> 00:57:17,360 Speaker 4: it's the players can live wherever they want as long 1255 00:57:17,400 --> 00:57:20,439 Speaker 4: as they play and what will eventually firstly be six 1256 00:57:20,480 --> 00:57:22,560 Speaker 4: to eight week tournament and then after that it will 1257 00:57:22,680 --> 00:57:25,160 Speaker 4: run for a couple of months. But like the seventh 1258 00:57:25,200 --> 00:57:30,160 Speaker 4: Circus so, and there's no talk of anywhere in South Africa, 1259 00:57:30,280 --> 00:57:33,720 Speaker 4: Australia or New Zealand, which would pretty much be rugby 1260 00:57:33,720 --> 00:57:35,160 Speaker 4: heartlands you would need to win over. 1261 00:57:35,320 --> 00:57:38,040 Speaker 2: So yeah, and we've already got too much rugby, haven't. 1262 00:57:37,840 --> 00:57:43,760 Speaker 20: Well okay, well not enough for these people. But yeah, 1263 00:57:43,840 --> 00:57:47,560 Speaker 20: it's it's going to be very costly exercise. And I 1264 00:57:47,640 --> 00:57:49,520 Speaker 20: don't see where the positives are yet. 1265 00:57:49,560 --> 00:57:53,120 Speaker 2: What okay, so reputation on the line this morning, Jim, 1266 00:57:53,400 --> 00:57:57,640 Speaker 2: I ring you August September next year? Is this real? 1267 00:57:58,080 --> 00:58:00,400 Speaker 2: Is it going to start? And in the ensuing period 1268 00:58:00,400 --> 00:58:02,800 Speaker 2: of twenty twenty six have they signed some gobs making 1269 00:58:02,880 --> 00:58:04,840 Speaker 2: names and we're all going, oh my god, look at this. 1270 00:58:06,400 --> 00:58:07,280 Speaker 20: No, I wouldn't think so. 1271 00:58:07,400 --> 00:58:09,440 Speaker 4: They wouldn't need to get so many players out of 1272 00:58:09,480 --> 00:58:13,280 Speaker 4: their contracts because in Australia rugby league and rugby contracts 1273 00:58:13,480 --> 00:58:17,120 Speaker 4: run from November one to October thirty one, so they 1274 00:58:17,160 --> 00:58:19,360 Speaker 4: would or even the players are off contract next year 1275 00:58:19,400 --> 00:58:23,520 Speaker 4: in the NRL and rugby would still be under contract 1276 00:58:23,520 --> 00:58:25,560 Speaker 4: when its ornament starts the year from today. 1277 00:58:26,040 --> 00:58:28,120 Speaker 2: Interesting, all right, might go, well, appreciate you getting up 1278 00:58:28,120 --> 00:58:31,160 Speaker 2: early in the morning, Jim Dolan out of Australia, so 1279 00:58:31,320 --> 00:58:33,600 Speaker 2: just if you're interested. So this time next year it 1280 00:58:33,640 --> 00:58:38,680 Speaker 2: starts six male teams, four female teams. Twenty twenty seven, 1281 00:58:38,720 --> 00:58:41,720 Speaker 2: as you mentioned, Real Rugby Cup year twelve event competition 1282 00:58:41,840 --> 00:58:44,400 Speaker 2: runs from April to September, include semis and a final. 1283 00:58:44,400 --> 00:58:47,280 Speaker 2: Men's competition will expand to eight teams. By twenty twenty eight. 1284 00:58:47,720 --> 00:58:51,000 Speaker 2: Competition will include sixteen events from April to September. The 1285 00:58:51,040 --> 00:58:55,920 Speaker 2: franchise locations, as I mentioned, their sort of glamour Northern 1286 00:58:55,960 --> 00:58:59,440 Speaker 2: Hemisphere type spots. I guess. Teams will be registered to 1287 00:58:59,480 --> 00:59:03,480 Speaker 2: the United Arab Emirates Rugby Federation. Players will be granted 1288 00:59:03,520 --> 00:59:05,840 Speaker 2: full release to play international rugby. But that's the problem, 1289 00:59:05,840 --> 00:59:07,560 Speaker 2: of course, you can't be a wallowby. You can be 1290 00:59:07,600 --> 00:59:10,600 Speaker 2: released to do what The players will own their IP, 1291 00:59:11,000 --> 00:59:13,040 Speaker 2: not be owned by their team or are three sixty. 1292 00:59:13,480 --> 00:59:16,000 Speaker 2: A player draft July of next year will take place. 1293 00:59:16,040 --> 00:59:18,360 Speaker 2: All players will be able to choose their country of residents, 1294 00:59:18,360 --> 00:59:21,760 Speaker 2: won't be asked to reside in their franchise location. So 1295 00:59:21,800 --> 00:59:25,880 Speaker 2: I suppose we'll see where that goes. The names business 1296 00:59:25,920 --> 00:59:28,440 Speaker 2: class tickets, Yes, yes, yes, accommodation for two in Melbourne, 1297 00:59:28,440 --> 00:59:31,720 Speaker 2: fabulous two premium hospitality Melbourne Race weekend passes. Yes, this 1298 00:59:31,800 --> 00:59:34,440 Speaker 2: is March next year, Friday, Saturday, Sunday six seven or 1299 00:59:34,480 --> 00:59:37,280 Speaker 2: eight track experience for two round the beautiful Albert Park. 1300 00:59:38,080 --> 00:59:41,880 Speaker 2: Two thousand dollars in spending money. Today's winner will have 1301 00:59:41,920 --> 00:59:43,520 Speaker 2: five hundred dollars in cash and you'll go in the 1302 00:59:43,600 --> 00:59:46,880 Speaker 2: draw the drawers next Friday tomorrow week. And I mean, 1303 00:59:46,880 --> 00:59:48,480 Speaker 2: what else can I tell you other than to give 1304 00:59:48,520 --> 00:59:52,600 Speaker 2: you today's three names, which I'm not going to do now. Well, 1305 00:59:52,600 --> 00:59:55,160 Speaker 2: I will do sometime between now at nine o'clock this morning. 1306 00:59:55,160 --> 00:59:57,720 Speaker 2: But we welcome into the studio again. After the news, 1307 00:59:57,840 --> 01:00:02,200 Speaker 2: naddi elimb. That's after the news, which is next. 1308 01:00:03,560 --> 01:00:07,960 Speaker 3: Asking the questions? Others won't the mic asking breakfast. 1309 01:00:07,520 --> 01:00:11,480 Speaker 1: With the land Rover defender, embrace the impossible news, togs 1310 01:00:11,480 --> 01:00:11,800 Speaker 1: dead be. 1311 01:00:16,240 --> 01:00:18,200 Speaker 2: It is seven past eights at time, once again to 1312 01:00:18,240 --> 01:00:20,560 Speaker 2: celebrate the genius of farming in the sector that is 1313 01:00:20,640 --> 01:00:22,880 Speaker 2: right now holding this economy of ours up. Of course, 1314 01:00:22,960 --> 01:00:25,520 Speaker 2: Nadia Limb has done books, but her latest has been 1315 01:00:25,560 --> 01:00:28,040 Speaker 2: a number of years in gestation. It is a tribute 1316 01:00:28,280 --> 01:00:30,880 Speaker 2: to the farmers and land and sustainable food in general, 1317 01:00:30,880 --> 01:00:33,840 Speaker 2: and Nadia Limbas backwards. Lovely to see you. I do know, 1318 01:00:34,680 --> 01:00:36,440 Speaker 2: do you know you are the first? I think I'm 1319 01:00:36,440 --> 01:00:38,840 Speaker 2: correct in saying this. You are the first guest we've 1320 01:00:38,880 --> 01:00:41,280 Speaker 2: had on this program that has asked for one of 1321 01:00:41,280 --> 01:00:43,560 Speaker 2: our coffees. Oh really, I believe so. 1322 01:00:43,840 --> 01:00:46,160 Speaker 25: I know that's funny because you know I don't normally 1323 01:00:46,240 --> 01:00:48,560 Speaker 25: drink coffee. I gave it up in solidarity for my 1324 01:00:48,640 --> 01:00:51,480 Speaker 25: husband Carlos because he was having too many. And this 1325 01:00:51,600 --> 01:00:53,520 Speaker 25: is probably the first one I've had in months. 1326 01:00:53,560 --> 01:00:56,720 Speaker 2: Wow, I can own I'm going to be disappointed. I 1327 01:00:56,760 --> 01:01:00,000 Speaker 2: am trepidacious at what it tastes like as it takes. 1328 01:01:00,040 --> 01:01:05,000 Speaker 26: That's pretty average. But it's fine. Thank you Sam, Thank 1329 01:01:05,040 --> 01:01:07,680 Speaker 26: you very much. Sam. It's the it's the thought that goes. 1330 01:01:09,240 --> 01:01:11,120 Speaker 2: Do you know when he wrought it in, because I'm 1331 01:01:11,120 --> 01:01:13,560 Speaker 2: a coffee snob. When he brought it in, I smelt 1332 01:01:13,600 --> 01:01:15,880 Speaker 2: it and I thought, oh, Nadia, what are you doing? 1333 01:01:17,080 --> 01:01:19,200 Speaker 26: You are a coffee snop. 1334 01:01:18,640 --> 01:01:21,920 Speaker 2: So well, the thing is, I'm just here to say 1335 01:01:21,960 --> 01:01:23,640 Speaker 2: you don't have to drink any more of it because 1336 01:01:23,640 --> 01:01:24,439 Speaker 2: it's quite a big cup. 1337 01:01:24,480 --> 01:01:26,080 Speaker 26: So if you want to do I have a few steps. 1338 01:01:26,200 --> 01:01:28,600 Speaker 25: I wasn't feeling that sharp this morning, not as sharp 1339 01:01:28,640 --> 01:01:29,439 Speaker 25: as I normally do. 1340 01:01:30,240 --> 01:01:35,000 Speaker 26: Maybe this No, No, definitely not. I've been working too hard. 1341 01:01:35,160 --> 01:01:37,680 Speaker 2: No good on you. No, just a little bit of 1342 01:01:37,680 --> 01:01:41,760 Speaker 2: the old down memory lane. If we can what you 1343 01:01:41,880 --> 01:01:45,440 Speaker 2: thought talking about your property and your journey in the country, 1344 01:01:45,680 --> 01:01:48,560 Speaker 2: what you thought it was going to be and what 1345 01:01:48,600 --> 01:01:49,040 Speaker 2: it is. 1346 01:01:50,240 --> 01:01:54,480 Speaker 25: Probably yeah, if I'm honest, probably pretty different. I would 1347 01:01:54,480 --> 01:01:57,480 Speaker 25: describe the whole journey if I could sum it up 1348 01:01:58,240 --> 01:02:02,080 Speaker 25: as starting from quite an idealistic place, you know, oh, 1349 01:02:02,080 --> 01:02:03,720 Speaker 25: we're going to be on this farm, and we're going 1350 01:02:03,800 --> 01:02:06,600 Speaker 25: to diversify, and we're going to have a full farm 1351 01:02:06,640 --> 01:02:10,600 Speaker 25: to plate model, to being chipped away, chipped away at 1352 01:02:10,640 --> 01:02:13,919 Speaker 25: slowly over the years, to definitely becoming a lot more 1353 01:02:13,960 --> 01:02:18,040 Speaker 25: realistic and going, shit, this whole farming thing is not 1354 01:02:18,120 --> 01:02:23,120 Speaker 25: as bloody easy or as predictable as what we were hoping. Yeah, 1355 01:02:23,240 --> 01:02:25,720 Speaker 25: it's a it's really a game of you win some, 1356 01:02:25,840 --> 01:02:30,640 Speaker 25: you lose some. Yeah, I'd say it's about fifty to 1357 01:02:30,640 --> 01:02:32,920 Speaker 25: fifty to be honest. I mean, what's great at the 1358 01:02:32,920 --> 01:02:35,800 Speaker 25: moment with sheep farming For the sheep farmers, they're they're 1359 01:02:36,160 --> 01:02:39,520 Speaker 25: the lamb price is the best it's been in decades, 1360 01:02:39,640 --> 01:02:42,320 Speaker 25: Like in ages like, that's fantastic for the sheep farmers. 1361 01:02:42,520 --> 01:02:43,440 Speaker 26: We are sheep farmers. 1362 01:02:43,440 --> 01:02:46,000 Speaker 25: However, we just get store lambs in now because we 1363 01:02:46,080 --> 01:02:49,640 Speaker 25: have our own brand of lamb and to to meet 1364 01:02:49,640 --> 01:02:52,440 Speaker 25: the demand of the market, we needed to upscale. So 1365 01:02:52,560 --> 01:02:55,640 Speaker 25: instead of having all the use on the farm and 1366 01:02:56,080 --> 01:02:58,800 Speaker 25: lambing on the farm, we moved to a store lamb model. 1367 01:02:58,840 --> 01:03:02,000 Speaker 25: So we raise them after weaning and then they go 1368 01:03:02,080 --> 01:03:04,920 Speaker 25: through our own micro abatoire on the farm and butchery, 1369 01:03:04,960 --> 01:03:07,320 Speaker 25: which is very unique, Like we don't there's only a 1370 01:03:07,320 --> 01:03:10,080 Speaker 25: couple of farms in the country that are a micro abatuar. 1371 01:03:09,840 --> 01:03:11,320 Speaker 2: Which is one of the main Christion. Before I forget, 1372 01:03:11,320 --> 01:03:13,520 Speaker 2: I'll ask that, how much have you spent on your 1373 01:03:13,560 --> 01:03:17,720 Speaker 2: farm that you could argue you didn't need to in 1374 01:03:17,800 --> 01:03:21,240 Speaker 2: terms of what you were specifically looking to do. 1375 01:03:21,840 --> 01:03:25,840 Speaker 25: Goshure you're onto it, Mike, These types of Christions probably 1376 01:03:25,960 --> 01:03:27,960 Speaker 25: quite a lot. Yeah, Like, if we could go back 1377 01:03:28,000 --> 01:03:31,000 Speaker 25: in time, there's definitely things we would have done pretty differently, 1378 01:03:31,040 --> 01:03:33,040 Speaker 25: and some things that we wouldn't have even gone into. 1379 01:03:33,880 --> 01:03:36,640 Speaker 25: I mean, we ended up closing our organic market garden 1380 01:03:36,680 --> 01:03:41,720 Speaker 25: down last year because it just was losing money every month. 1381 01:03:41,760 --> 01:03:45,240 Speaker 25: You know, we just couldn't make it work. Our chickens, 1382 01:03:45,280 --> 01:03:47,960 Speaker 25: for example, the eggs do really really well, but there 1383 01:03:48,680 --> 01:03:53,160 Speaker 25: there's always kind of problems cropping up with them. Yeah, 1384 01:03:53,200 --> 01:03:55,400 Speaker 25: it would have been easier probably to just crop the 1385 01:03:55,440 --> 01:03:57,640 Speaker 25: whole farm and keep things maybe a bit more simple. 1386 01:03:57,720 --> 01:03:59,960 Speaker 25: But at the same time we have had some amazing wins, 1387 01:04:00,120 --> 01:04:02,760 Speaker 25: like going back to the Abata, so that's game changing 1388 01:04:02,800 --> 01:04:05,480 Speaker 25: what we've done there. We're pioneers and that and that's 1389 01:04:05,480 --> 01:04:08,120 Speaker 25: going well. But of course because we're buying in store lambs, 1390 01:04:08,160 --> 01:04:11,160 Speaker 25: we're not making the money off the actual sheep farming. 1391 01:04:11,680 --> 01:04:14,880 Speaker 25: But so not such a good market for us at 1392 01:04:14,880 --> 01:04:18,240 Speaker 25: the moment. However, the product that we create is incredible, 1393 01:04:18,280 --> 01:04:20,480 Speaker 25: like actual it really is amazing. 1394 01:04:20,880 --> 01:04:23,240 Speaker 2: How much of and without getting too personal about it, 1395 01:04:23,280 --> 01:04:27,000 Speaker 2: how much of what you've done is about the u 1396 01:04:27,160 --> 01:04:29,400 Speaker 2: side of it, the nadilimb side of it, making books 1397 01:04:29,480 --> 01:04:31,680 Speaker 2: and doing the television shows and stuff. And therefore, if 1398 01:04:31,720 --> 01:04:34,080 Speaker 2: you'd only been a crop farmer, the television show would 1399 01:04:34,080 --> 01:04:36,880 Speaker 2: have been boring because on once you'd shown the corn, 1400 01:04:37,640 --> 01:04:38,120 Speaker 2: that was it. 1401 01:04:38,440 --> 01:04:38,640 Speaker 13: Yeah. 1402 01:04:38,720 --> 01:04:41,600 Speaker 25: No, I think that's a very valid point, and that's 1403 01:04:41,720 --> 01:04:44,000 Speaker 25: Carlos and I often talk about that. We're like, well, 1404 01:04:44,440 --> 01:04:46,440 Speaker 25: if we hadn't done all this, then all of these 1405 01:04:46,480 --> 01:04:50,760 Speaker 25: opportunities wouldn't have come about, and vice versa. So they're 1406 01:04:50,840 --> 01:04:54,120 Speaker 25: kind of very intertwined. Yeah, yeah, you can't really untangle 1407 01:04:54,160 --> 01:04:54,720 Speaker 25: the two of them. 1408 01:04:55,000 --> 01:04:57,640 Speaker 2: Do you recommend scale because yours is a massive place? 1409 01:04:58,440 --> 01:04:59,760 Speaker 2: Does it work at scale? 1410 01:05:00,080 --> 01:05:03,960 Speaker 25: Well, I think there is such a thing as overshooting 1411 01:05:04,040 --> 01:05:06,440 Speaker 25: the sweet point. I think you're gonna like, if you 1412 01:05:06,440 --> 01:05:08,800 Speaker 25: look at a bowl shaped curve, right, you know, you've 1413 01:05:08,800 --> 01:05:10,200 Speaker 25: got to get to the top of that curve, and 1414 01:05:10,200 --> 01:05:12,240 Speaker 25: when you get to the top of that curve, then stop, 1415 01:05:12,360 --> 01:05:13,439 Speaker 25: don't don't keep going. 1416 01:05:13,560 --> 01:05:15,480 Speaker 26: And I think in some cases we did. 1417 01:05:15,520 --> 01:05:17,840 Speaker 25: We were like scale, scale, scale, and we overshot the 1418 01:05:17,880 --> 01:05:19,760 Speaker 25: sweet point. But we are kind of pulling back now, 1419 01:05:19,800 --> 01:05:21,720 Speaker 25: so we can't. We're getting to a much better place 1420 01:05:21,720 --> 01:05:25,000 Speaker 25: where it is. You know, parts of it are profitable 1421 01:05:25,200 --> 01:05:28,840 Speaker 25: and then some some of it is barely profitable. But 1422 01:05:28,880 --> 01:05:31,600 Speaker 25: it's part of the whole story. So it's all, like 1423 01:05:31,640 --> 01:05:33,720 Speaker 25: I was saying, it's so intertwined. You can't just pull one. 1424 01:05:33,760 --> 01:05:35,400 Speaker 25: Of course, if you pull one thread then it kind 1425 01:05:35,400 --> 01:05:36,120 Speaker 25: of unravels the whole. 1426 01:05:36,160 --> 01:05:38,440 Speaker 2: How many paddocks are passion Well. 1427 01:05:38,240 --> 01:05:39,920 Speaker 26: How many paddocks are passion? Oh? 1428 01:05:41,400 --> 01:05:41,640 Speaker 20: Now? 1429 01:05:41,800 --> 01:05:45,840 Speaker 25: Less less of them now. Carlos is going on the 1430 01:05:46,200 --> 01:05:49,200 Speaker 25: cropping side this year. He's going big on like Ballei 1431 01:05:49,320 --> 01:05:54,600 Speaker 25: for his swifty Bear product, which is working. Yeah, so 1432 01:05:54,680 --> 01:05:55,760 Speaker 25: definitely less of them now. 1433 01:05:55,840 --> 01:05:58,440 Speaker 2: I'd say, really, and where are you at in the journey? 1434 01:05:58,480 --> 01:06:01,520 Speaker 2: Do you think giving it hasn't happened yet as to 1435 01:06:01,640 --> 01:06:06,160 Speaker 2: where you want to be ideally or are you there already? 1436 01:06:07,600 --> 01:06:11,480 Speaker 25: No? No, definitely not there already. But then that's an 1437 01:06:11,480 --> 01:06:14,360 Speaker 25: interesting question because I feel like wherever you are, you'll 1438 01:06:14,400 --> 01:06:18,400 Speaker 25: still kind of want to tweak and adjust things. And yeah, 1439 01:06:18,640 --> 01:06:23,000 Speaker 25: but yeah, I mean i'd say we're not. We love 1440 01:06:23,800 --> 01:06:26,760 Speaker 25: living down there. It's it might not be the best 1441 01:06:27,120 --> 01:06:29,840 Speaker 25: financial return, but I can tell you it is the 1442 01:06:29,840 --> 01:06:32,480 Speaker 25: best lifestyle return will be and you can't beat that. 1443 01:06:32,480 --> 01:06:34,360 Speaker 2: That's worth it's weight in gold. Let's come back and 1444 01:06:34,360 --> 01:06:35,720 Speaker 2: talk about some of the food and the recipes at 1445 01:06:35,720 --> 01:06:37,600 Speaker 2: the moment. Nadia Olymp thirteen past eight. 1446 01:06:38,440 --> 01:06:43,080 Speaker 1: The Mic Asking Breakfast Full Show podcast on iHeartRadio powered 1447 01:06:43,080 --> 01:06:44,080 Speaker 1: by News Talks Be. 1448 01:06:45,200 --> 01:06:47,520 Speaker 2: New Talks Are Be sixteen minutes past eight. Nadia Limba's 1449 01:06:47,560 --> 01:06:50,680 Speaker 2: our guest one more down memory lane question. One of 1450 01:06:50,720 --> 01:06:53,040 Speaker 2: the things that I probably bored you with the story previously, 1451 01:06:53,040 --> 01:06:54,920 Speaker 2: but one of the things I've always liked and admired 1452 01:06:54,960 --> 01:06:57,840 Speaker 2: about you is that that you came out of Master Chef, 1453 01:06:58,600 --> 01:07:00,960 Speaker 2: and it was back in the days where I think 1454 01:07:01,000 --> 01:07:05,880 Speaker 2: you're still the only one who's genuinely taken that singular 1455 01:07:05,920 --> 01:07:10,600 Speaker 2: opportunity and turned it into something quite profound. Before you know, 1456 01:07:10,640 --> 01:07:13,760 Speaker 2: realosy television became a thing about people wanting to enhance 1457 01:07:13,800 --> 01:07:16,680 Speaker 2: their Instagram following, as opposed to you wanted to do 1458 01:07:16,720 --> 01:07:20,400 Speaker 2: something and that was the thing you were and it 1459 01:07:20,480 --> 01:07:22,440 Speaker 2: worked out. Does it still feel like a dream come 1460 01:07:22,480 --> 01:07:23,640 Speaker 2: true in that sense. 1461 01:07:24,080 --> 01:07:25,919 Speaker 25: When I think back to it as a twelve year 1462 01:07:25,920 --> 01:07:28,520 Speaker 25: old and what my dream was back then, then yes, 1463 01:07:28,600 --> 01:07:31,800 Speaker 25: I go, wow, it's pretty amazing. How lucky am I 1464 01:07:31,880 --> 01:07:35,240 Speaker 25: that I'm getting to do what I always dreamed of doing? 1465 01:07:35,360 --> 01:07:36,000 Speaker 26: And more? 1466 01:07:36,960 --> 01:07:40,480 Speaker 2: It's incredible? And when was that? When was mastership? I 1467 01:07:40,480 --> 01:07:41,880 Speaker 2: mean fifteen years? 1468 01:07:41,920 --> 01:07:42,080 Speaker 13: Was it? 1469 01:07:42,680 --> 01:07:43,000 Speaker 2: Fifteen? 1470 01:07:43,080 --> 01:07:43,160 Speaker 7: Ye? 1471 01:07:43,240 --> 01:07:43,919 Speaker 26: I'm so young. 1472 01:07:43,960 --> 01:07:47,400 Speaker 25: I was twenty four, twenty four to twenty five from forty. 1473 01:07:47,160 --> 01:07:47,920 Speaker 3: Now are you? 1474 01:07:48,120 --> 01:07:48,320 Speaker 5: Yeah? 1475 01:07:48,560 --> 01:07:51,360 Speaker 2: Jeez, not as old as me? 1476 01:07:51,920 --> 01:07:52,080 Speaker 24: Yeah? 1477 01:07:52,120 --> 01:07:53,200 Speaker 26: How old does that make you? 1478 01:07:54,440 --> 01:07:54,520 Speaker 11: Oh? 1479 01:07:54,640 --> 01:07:58,640 Speaker 26: The way she laughed, way she's laughed. 1480 01:08:00,280 --> 01:08:03,439 Speaker 2: The seasons. What's your favorite? In Central attacks See, here's 1481 01:08:03,440 --> 01:08:06,880 Speaker 2: my thing about Central Attiger. Winter's too harsh and unless 1482 01:08:06,880 --> 01:08:07,520 Speaker 2: your ski. 1483 01:08:07,800 --> 01:08:09,880 Speaker 26: That is true. But have you ever seen a complete 1484 01:08:09,920 --> 01:08:10,400 Speaker 26: white out? 1485 01:08:10,520 --> 01:08:10,720 Speaker 24: Yeah? 1486 01:08:10,720 --> 01:08:10,920 Speaker 14: I have? 1487 01:08:11,080 --> 01:08:14,040 Speaker 26: Oh so beautiful is it it is? 1488 01:08:14,160 --> 01:08:15,600 Speaker 25: But then when it gets when it melts and it 1489 01:08:15,600 --> 01:08:16,759 Speaker 25: goes with slush exactly. 1490 01:08:17,439 --> 01:08:20,560 Speaker 2: So I've seen that. So sure, obviously spring would be 1491 01:08:20,600 --> 01:08:21,599 Speaker 2: a thing, wouldn't it Spring? 1492 01:08:21,720 --> 01:08:24,000 Speaker 25: I think for me it's the shoulder seasons, yes, Spring 1493 01:08:24,040 --> 01:08:27,840 Speaker 25: and autumn. Yeah, they're stunning. Autumn especially, you know, it's 1494 01:08:27,880 --> 01:08:31,120 Speaker 25: just like a show stopper, all those colors. 1495 01:08:30,920 --> 01:08:33,360 Speaker 2: Arrowtown, those sort of places. So when it comes to 1496 01:08:33,400 --> 01:08:36,280 Speaker 2: this particular book, which we should spend some time thinking 1497 01:08:36,280 --> 01:08:38,479 Speaker 2: about it, it's one of these coffee table type books too. 1498 01:08:38,920 --> 01:08:39,160 Speaker 8: Yeah. 1499 01:08:39,240 --> 01:08:42,320 Speaker 25: Yeah, it's a beautiful hardcover I self published, so I 1500 01:08:42,560 --> 01:08:44,400 Speaker 25: kind of get to make the calls on what the 1501 01:08:44,400 --> 01:08:47,400 Speaker 25: book looks like and how much investment goes into the photography. 1502 01:08:47,479 --> 01:08:48,800 Speaker 2: And is that why you're on the cover. 1503 01:08:49,800 --> 01:08:53,839 Speaker 25: Yes, yes, as well, because because on the cover against 1504 01:08:54,080 --> 01:08:56,200 Speaker 25: do you have rabbits hanging from the top of the door, 1505 01:08:56,880 --> 01:08:59,880 Speaker 25: well on the cover yes, normally no, we wouldn't hang 1506 01:08:59,880 --> 01:09:02,800 Speaker 25: them from the door. Normally we'd im quickly skin and 1507 01:09:02,800 --> 01:09:04,240 Speaker 25: gut them and chuck them in. 1508 01:09:04,400 --> 01:09:07,040 Speaker 2: How much did you in your time down there, the 1509 01:09:07,120 --> 01:09:09,719 Speaker 2: dealing with animals, the slicing off of the heads, the 1510 01:09:09,840 --> 01:09:11,000 Speaker 2: removal of the organs. 1511 01:09:11,320 --> 01:09:13,679 Speaker 25: I knew quite a bit of it before moving down 1512 01:09:13,720 --> 01:09:16,920 Speaker 25: because Carlos has always been begin to hunting. But I've 1513 01:09:16,960 --> 01:09:19,479 Speaker 25: definitely learned more ye since since we've moved down. 1514 01:09:20,360 --> 01:09:23,040 Speaker 26: Do you like rabbit? Have you tried it before? You haven't. 1515 01:09:23,360 --> 01:09:25,960 Speaker 2: I've tried it. Of course I've tried it. You don't 1516 01:09:25,960 --> 01:09:29,080 Speaker 2: want to have a conversation with me about my my 1517 01:09:29,160 --> 01:09:32,560 Speaker 2: habits of eating. I'm a tragic You are pretty conservative, 1518 01:09:33,160 --> 01:09:36,320 Speaker 2: very very very conservative as far but as far as 1519 01:09:36,320 --> 01:09:39,120 Speaker 2: the seasons go. Do you eat seasonally and cook so seasonally? 1520 01:09:39,240 --> 01:09:42,360 Speaker 25: Very very much so, even way more so since we 1521 01:09:42,439 --> 01:09:46,519 Speaker 25: moved down there, Like you're actually if you really eat 1522 01:09:46,800 --> 01:09:48,640 Speaker 25: kind of off the land, you actually you actually end 1523 01:09:48,680 --> 01:09:51,200 Speaker 25: up been quite limited with what you can have. So 1524 01:09:51,280 --> 01:09:54,280 Speaker 25: we and when we first moved down, I was so adamantised, 1525 01:09:54,320 --> 01:09:56,920 Speaker 25: like I'm going to live one hundred percent off the 1526 01:09:57,000 --> 01:10:00,000 Speaker 25: land other than dairy because we don't have a milking 1527 01:10:00,439 --> 01:10:01,880 Speaker 25: and I was like, I'm going to do this, and 1528 01:10:01,920 --> 01:10:03,439 Speaker 25: it was a bit of a challenge to me. I 1529 01:10:03,560 --> 01:10:05,679 Speaker 25: stuck to it for a couple of years. I've relaxed 1530 01:10:05,720 --> 01:10:08,800 Speaker 25: quite a bit now because it is really hard. But 1531 01:10:08,800 --> 01:10:11,800 Speaker 25: our diet did become quite limited. Like we'd have tomatoes 1532 01:10:11,880 --> 01:10:15,080 Speaker 25: every day, three meals a day, for like three months, 1533 01:10:15,120 --> 01:10:17,840 Speaker 25: and then we wouldn't have tomatoes for the remaining nine months. 1534 01:10:18,080 --> 01:10:20,880 Speaker 25: And then we'd go through a period through winter where 1535 01:10:20,880 --> 01:10:23,280 Speaker 25: we didn't have many vegetables and it was just pumpkin 1536 01:10:23,400 --> 01:10:26,880 Speaker 25: and kale, And like, you get so sick of it. 1537 01:10:27,479 --> 01:10:30,360 Speaker 2: No kidding, do you pumpkin and kale? Who would have thought? 1538 01:10:30,640 --> 01:10:30,680 Speaker 24: So? 1539 01:10:31,200 --> 01:10:32,840 Speaker 2: Do you eat anything processed at all? 1540 01:10:33,880 --> 01:10:36,640 Speaker 26: Occasionally? But I prefer real food. I think it just 1541 01:10:36,680 --> 01:10:37,599 Speaker 26: tastes so much better. 1542 01:10:37,800 --> 01:10:39,599 Speaker 25: The thing is, when you get used to eating a 1543 01:10:39,640 --> 01:10:44,880 Speaker 25: real food diet with minimal refined sugar and that kind 1544 01:10:44,920 --> 01:10:47,960 Speaker 25: of thing, like your taste buds actually change and you 1545 01:10:48,000 --> 01:10:50,640 Speaker 25: don't want it. You try it, you go, oh, I 1546 01:10:50,640 --> 01:10:51,559 Speaker 25: don't feel good. 1547 01:10:52,120 --> 01:10:54,479 Speaker 2: So what I have every day is with lunch, just 1548 01:10:54,520 --> 01:10:56,240 Speaker 2: a small ramiican of fruit. 1549 01:10:56,680 --> 01:10:56,880 Speaker 26: Nice. 1550 01:10:56,880 --> 01:10:59,440 Speaker 2: So I have some strawberries and some blueberries. 1551 01:10:59,520 --> 01:10:59,960 Speaker 26: Not in winter. 1552 01:11:00,120 --> 01:11:03,599 Speaker 2: I hope all year round. Yes, no, that was my question. 1553 01:11:04,000 --> 01:11:07,559 Speaker 2: So I'm not I'm not against bringing food from anywhere 1554 01:11:07,600 --> 01:11:07,920 Speaker 2: in the world. 1555 01:11:07,920 --> 01:11:09,400 Speaker 26: You know they're going to be sprayed, right, of. 1556 01:11:09,400 --> 01:11:11,320 Speaker 2: Course I give to that. But I would rather have 1557 01:11:11,360 --> 01:11:15,240 Speaker 2: a blueberry all year round than eat seasonally. Do you 1558 01:11:15,240 --> 01:11:16,360 Speaker 2: think less of me because of this? 1559 01:11:17,400 --> 01:11:17,719 Speaker 11: Yes? 1560 01:11:19,000 --> 01:11:21,760 Speaker 25: You know what I'm thinking is your taste buds aren't 1561 01:11:21,760 --> 01:11:24,000 Speaker 25: great because those strawberries and those blueberries aren't. 1562 01:11:24,280 --> 01:11:25,120 Speaker 26: Tasting that good. 1563 01:11:25,439 --> 01:11:27,360 Speaker 2: They're not the same as coming out of the garden, 1564 01:11:27,400 --> 01:11:28,040 Speaker 2: of course they're not. 1565 01:11:28,200 --> 01:11:30,240 Speaker 25: Could we not tempt you to have like a tamarillo? 1566 01:11:30,360 --> 01:11:31,240 Speaker 3: And no? 1567 01:11:31,320 --> 01:11:33,519 Speaker 2: No, See this is this is the limitation of my diet. 1568 01:11:33,600 --> 01:11:35,800 Speaker 2: If everyone I could eat literally anything, then sure, I 1569 01:11:35,840 --> 01:11:38,960 Speaker 2: call Katie No, well she's actually I blame her. She 1570 01:11:39,040 --> 01:11:41,280 Speaker 2: serves it. It's not my fault. But so you're you're 1571 01:11:41,320 --> 01:11:44,520 Speaker 2: against food Miles and you know, well purely. 1572 01:11:44,240 --> 01:11:46,720 Speaker 25: Because to me it just doesn't really make sense. I mean, 1573 01:11:46,760 --> 01:11:49,280 Speaker 25: a when you're importing the produce is going to be sprayed, 1574 01:11:49,280 --> 01:11:52,800 Speaker 25: it has to be fumigated. Then it doesn't taste great. 1575 01:11:52,840 --> 01:11:54,720 Speaker 25: So what's the point If it doesn't taste good, it's 1576 01:11:54,720 --> 01:11:56,680 Speaker 25: been cold storage. And then I guess see on top 1577 01:11:56,720 --> 01:11:58,599 Speaker 25: of that, you got the food miles, all the extra 1578 01:11:58,640 --> 01:12:00,679 Speaker 25: fuel and everything, and then we're not also not supporting 1579 01:12:00,720 --> 01:12:03,320 Speaker 25: the New Zealand farmers and producers, which I know that. 1580 01:12:03,280 --> 01:12:03,800 Speaker 26: You would love it. 1581 01:12:03,960 --> 01:12:04,320 Speaker 3: I do. 1582 01:12:04,520 --> 01:12:06,400 Speaker 2: I support I support them in season and you're right. 1583 01:12:06,439 --> 01:12:08,600 Speaker 2: So we grow our we grow berries and stuff at 1584 01:12:08,600 --> 01:12:10,479 Speaker 2: our place, and when you pick them, there is nothing. 1585 01:12:10,720 --> 01:12:14,479 Speaker 2: There is nothing like garden to table. Yeah, is there? 1586 01:12:14,720 --> 01:12:15,000 Speaker 26: Yeah? 1587 01:12:15,040 --> 01:12:15,519 Speaker 2: In the will? 1588 01:12:15,640 --> 01:12:15,800 Speaker 22: Oh? 1589 01:12:15,840 --> 01:12:16,280 Speaker 26: Absolutely? 1590 01:12:16,360 --> 01:12:19,559 Speaker 25: I mean you compare a peach when it's at its 1591 01:12:19,600 --> 01:12:22,240 Speaker 25: peak ripeness and it's been it's still warm from the 1592 01:12:22,280 --> 01:12:24,479 Speaker 25: sun and you pick that off the tree and eat that. 1593 01:12:24,680 --> 01:12:27,400 Speaker 25: Compare that to something in cold storage and winter that's been. 1594 01:12:27,280 --> 01:12:28,240 Speaker 26: Imported from America. 1595 01:12:28,320 --> 01:12:31,640 Speaker 2: Couldn't agree. Chalk and cheese right now, I drag grapefruit 1596 01:12:31,680 --> 01:12:34,840 Speaker 2: from our trees up to the kitchen and cold press them. 1597 01:12:34,960 --> 01:12:35,560 Speaker 26: Beautiful. 1598 01:12:35,640 --> 01:12:38,760 Speaker 2: Absolutely, couldn't agree more. Listen, what a joy to talk 1599 01:12:38,800 --> 01:12:39,040 Speaker 2: with you. 1600 01:12:39,160 --> 01:12:39,639 Speaker 13: Yeah, you too. 1601 01:12:39,640 --> 01:12:42,200 Speaker 26: I always love talking to you. You ask good Christians. 1602 01:12:42,280 --> 01:12:44,200 Speaker 2: You are very nice to say. So we're recording that, 1603 01:12:44,200 --> 01:12:47,120 Speaker 2: but we'll put that into a primer Loveliness and the book. 1604 01:12:47,160 --> 01:12:48,240 Speaker 2: Good luck with that as well. 1605 01:12:48,280 --> 01:12:48,960 Speaker 26: Thank you so much. 1606 01:12:49,040 --> 01:12:51,240 Speaker 2: Nice to see you again. Nadia limit Is eight twenty two. 1607 01:12:52,479 --> 01:12:55,400 Speaker 1: The mic Hosking Breakfast with the land Rover Defender and 1608 01:12:55,479 --> 01:12:56,960 Speaker 1: news Togs dead b now in. 1609 01:12:57,000 --> 01:12:59,840 Speaker 2: New Zealand's medium to large enterprises and government agencies of course, 1610 01:13:00,040 --> 01:13:02,960 Speaker 2: racing this critical challenge at the moment doing more with less. 1611 01:13:03,000 --> 01:13:06,360 Speaker 2: So tech technology essential tool that you can leverage to 1612 01:13:06,439 --> 01:13:10,240 Speaker 2: enhance both. Spark Business helping organizations drive real productivity and 1613 01:13:10,240 --> 01:13:15,479 Speaker 2: resilience through their expertise in cloud, IoT automation, mobile solutions, 1614 01:13:15,479 --> 01:13:18,880 Speaker 2: call center technology, data centers, managed services, network security that 1615 01:13:18,960 --> 01:13:21,000 Speaker 2: got all the boxes TechEd and the thing that sets 1616 01:13:21,000 --> 01:13:24,240 Speaker 2: Spark apart is their team of top New Zealand based experts. 1617 01:13:24,360 --> 01:13:26,600 Speaker 2: They understand the unique challenges we face. They're not just 1618 01:13:26,680 --> 01:13:30,080 Speaker 2: tech consultants, they are problems solvers who know what it 1619 01:13:30,120 --> 01:13:33,320 Speaker 2: takes to deliver results through tech. So if you're looking 1620 01:13:33,360 --> 01:13:36,840 Speaker 2: to boost your organization's capabilities, explore what Spark Business has 1621 01:13:36,880 --> 01:13:39,639 Speaker 2: to offer. The track record speaks for itself. They're leaders 1622 01:13:39,640 --> 01:13:42,760 Speaker 2: in many spaces and know how to get the job done. 1623 01:13:43,320 --> 01:13:45,960 Speaker 2: So for more information check out Spark Business online. That 1624 01:13:46,120 --> 01:13:48,200 Speaker 2: is Spark Business. 1625 01:13:49,160 --> 01:13:53,519 Speaker 1: When the ultimate VIP race experience in Melbourne with Visa 1626 01:13:53,760 --> 01:13:55,559 Speaker 1: and New stalksv. 1627 01:13:55,160 --> 01:13:59,960 Speaker 2: Yes Bitches, are Claire Fletcher, Jason Jackman and Anthony Simpson. 1628 01:14:00,120 --> 01:14:04,760 Speaker 2: And are the names so quoting? What was the song 1629 01:14:04,800 --> 01:14:07,720 Speaker 2: on quitting broom bitches, swim Shed's Creek or something? Guy 1630 01:14:07,840 --> 01:14:09,760 Speaker 2: there clear. 1631 01:14:11,760 --> 01:14:12,040 Speaker 26: Clear. 1632 01:14:12,120 --> 01:14:13,960 Speaker 2: If they hadn't been laughing so much, I wouldn't be 1633 01:14:14,040 --> 01:14:18,080 Speaker 2: laughing at myself. Claire Fletcher, Jason Jackman and Anthony Simpson. 1634 01:14:18,120 --> 01:14:21,599 Speaker 2: First person oring through five hundred bucks for the day 1635 01:14:21,640 --> 01:14:23,720 Speaker 2: and we'll put the winner in the draw so it'll 1636 01:14:23,720 --> 01:14:25,519 Speaker 2: be one of nine for the business class tickets, the 1637 01:14:25,520 --> 01:14:30,320 Speaker 2: accommodation of course, the premium hospitality Melbourne Race weekend passes. 1638 01:14:30,360 --> 01:14:33,400 Speaker 2: It'll be fantastic. This is early March, the track experience 1639 01:14:33,439 --> 01:14:35,280 Speaker 2: for two couple of thousand dollars in spending money. By 1640 01:14:35,280 --> 01:14:37,280 Speaker 2: the way, if you haven't registered yet, you're a full 1641 01:14:37,840 --> 01:14:41,240 Speaker 2: in z news talk zb dot co dot nz Forward 1642 01:14:41,320 --> 01:14:43,880 Speaker 2: slash Visa news talk ZMB dot co dot nz ford 1643 01:14:44,000 --> 01:14:47,760 Speaker 2: slash Visa. Well, the Labor Party conference is wrapped up 1644 01:14:47,800 --> 01:14:50,400 Speaker 2: and they're still busy, haunted if you like, by one 1645 01:14:50,479 --> 01:14:53,479 Speaker 2: farage and to the asylum seekers that another matters with 1646 01:14:53,680 --> 01:14:55,479 Speaker 2: end of Brady who was in for Rod Little this 1647 01:14:55,520 --> 01:14:58,200 Speaker 2: morning from the UK. We go there directly after the news, 1648 01:14:58,200 --> 01:15:01,040 Speaker 2: which is next. You're on the my co Hosking Breakfast. 1649 01:15:05,720 --> 01:15:11,120 Speaker 1: Opinion edit, informed, unapologetic, the Mike asking breakfast with Bailey's 1650 01:15:11,120 --> 01:15:14,240 Speaker 1: Real Estate covering all your real estate needs use. 1651 01:15:14,200 --> 01:15:17,559 Speaker 2: Togs head be Congratulations Claire Fletcher first name through this morning, 1652 01:15:17,600 --> 01:15:20,720 Speaker 2: five hundred dollars with our compliments and Visa's compliments, and 1653 01:15:20,760 --> 01:15:22,400 Speaker 2: of course going into the dwarf for the next Friday 1654 01:15:22,880 --> 01:15:26,479 Speaker 2: for the fabulous Melbourne experience Friday six, Saturday seven, Sunday eight, 1655 01:15:26,680 --> 01:15:28,960 Speaker 2: which is race Day, of course, and news took zib 1656 01:15:29,040 --> 01:15:31,439 Speaker 2: dot co dot in zed forward slash Visa will draw 1657 01:15:31,479 --> 01:15:35,120 Speaker 2: another name tomorrow. Mike, Isn't Nadia the most entertaining, enthusiastic 1658 01:15:35,120 --> 01:15:37,519 Speaker 2: ambassador for our country issues? Lovely, There's no doubt about that. 1659 01:15:37,520 --> 01:15:39,920 Speaker 2: There are just some New Zealanders, Mike, that we're just 1660 01:15:40,000 --> 01:15:41,760 Speaker 2: lucky to have in Nadia as one of those. 1661 01:15:41,880 --> 01:15:42,080 Speaker 3: Mike. 1662 01:15:42,160 --> 01:15:44,240 Speaker 2: I could listen to you and Nadia talk all day. 1663 01:15:44,520 --> 01:15:46,840 Speaker 2: She is a true national treasury. You love Nadia Eland 1664 01:15:46,880 --> 01:15:48,040 Speaker 2: twenty three minutes away. 1665 01:15:47,880 --> 01:15:52,360 Speaker 15: From nine International correspondence with ends and eye insurance, Peace 1666 01:15:52,360 --> 01:15:54,439 Speaker 15: of mind for New Zealand business with your people. 1667 01:15:54,439 --> 01:15:57,599 Speaker 27: We love in the Brady's back moying mate, Haha, good 1668 01:15:57,600 --> 01:15:58,800 Speaker 27: on your make good to speak to you again. 1669 01:15:58,920 --> 01:16:01,120 Speaker 2: And you two, how did that for k? I mean, 1670 01:16:01,120 --> 01:16:03,439 Speaker 2: how do you run your party conference when everyone's sitting 1671 01:16:03,479 --> 01:16:06,200 Speaker 2: around talking about this Black Burnham from Manchester. 1672 01:16:07,720 --> 01:16:10,880 Speaker 27: Yeah, everyone was waiting for a challenge. Andy Burnham gave 1673 01:16:10,920 --> 01:16:13,320 Speaker 27: a lot of interviews and he spoke a lot of 1674 01:16:13,360 --> 01:16:15,680 Speaker 27: sense actually, but I think I think they've come out 1675 01:16:15,680 --> 01:16:18,679 Speaker 27: of it a little bit more unified. And Starmer didn't 1676 01:16:18,680 --> 01:16:21,559 Speaker 27: want to focus on Burnum or any potential leadership challenge 1677 01:16:21,600 --> 01:16:25,040 Speaker 27: down the line. He has focused squarely on Nigel Farage 1678 01:16:25,560 --> 01:16:27,960 Speaker 27: and he says the UK is at a fork in 1679 01:16:28,040 --> 01:16:31,360 Speaker 27: the road, and he said choosing Labor the next election 1680 01:16:31,520 --> 01:16:34,960 Speaker 27: will mean the country continues as a united kingdom of 1681 01:16:35,080 --> 01:16:38,760 Speaker 27: decency and fairness. And he said if they all go 1682 01:16:38,840 --> 01:16:40,960 Speaker 27: off on the right hand fork, the far right, some 1683 01:16:41,040 --> 01:16:44,880 Speaker 27: would say Nigel Forrage. He described him as a snake 1684 01:16:45,000 --> 01:16:47,760 Speaker 27: oil merchant and he said that he doesn't even like 1685 01:16:47,840 --> 01:16:49,599 Speaker 27: the UK or believe in Britain. 1686 01:16:49,960 --> 01:16:52,599 Speaker 2: Isn't it interesting though, that in this conversation the Prime 1687 01:16:52,600 --> 01:16:55,439 Speaker 2: Minister is going after somebody who's billy in Parliament, whereas 1688 01:16:55,479 --> 01:16:58,919 Speaker 2: the once large opposition Patty I e. The Tories seemingly 1689 01:16:58,920 --> 01:17:00,200 Speaker 2: and no longer in the conversation. 1690 01:17:01,360 --> 01:17:03,680 Speaker 27: It's fascinating. They don't get a mentioned, they don't get 1691 01:17:03,680 --> 01:17:06,960 Speaker 27: any media coverage. Kemmy Badenoch their leader, she just doesn't 1692 01:17:06,960 --> 01:17:11,519 Speaker 27: feature anywhere. For as is a master media performer. His 1693 01:17:11,680 --> 01:17:16,200 Speaker 27: problem is right now he has enough MPs, including himself. 1694 01:17:16,240 --> 01:17:18,360 Speaker 27: If they were to call a five a side soccer 1695 01:17:18,400 --> 01:17:21,840 Speaker 27: tournament in Parliament, he would get five players on the pitch. 1696 01:17:22,000 --> 01:17:25,520 Speaker 27: That's how many he has. And that War's problem. 1697 01:17:25,160 --> 01:17:27,720 Speaker 2: Is I was going to say it wasn't Isn't that 1698 01:17:27,720 --> 01:17:32,000 Speaker 2: The most interesting thing about your system, Ipp is if 1699 01:17:32,000 --> 01:17:36,000 Speaker 2: he takes his thirty in the polls, does it trendslight 1700 01:17:36,240 --> 01:17:38,840 Speaker 2: to seats on the day given the system, or does 1701 01:17:38,880 --> 01:17:39,639 Speaker 2: you fall flat? 1702 01:17:41,120 --> 01:17:43,160 Speaker 27: I don't think it will. I don't think it will 1703 01:17:43,200 --> 01:17:47,519 Speaker 27: because Reform does not have the political deep routes. And 1704 01:17:47,560 --> 01:17:52,439 Speaker 27: I'm talking about a communications team, a strategy team, donors funding, 1705 01:17:53,200 --> 01:17:56,200 Speaker 27: vetting of candidates will be key. I think right now 1706 01:17:56,240 --> 01:17:58,200 Speaker 27: of Reform, some of the people they were to put up, 1707 01:17:58,240 --> 01:18:01,000 Speaker 27: and people went through social media, you would find a 1708 01:18:01,040 --> 01:18:06,600 Speaker 27: lot of questionable opinions about foreigners. And I think the 1709 01:18:06,680 --> 01:18:09,000 Speaker 27: majority of people in this the one thing I will 1710 01:18:09,040 --> 01:18:11,040 Speaker 27: say about Farage and the whole Briggs. 1711 01:18:10,760 --> 01:18:11,439 Speaker 11: At the date, Mike. 1712 01:18:11,960 --> 01:18:14,840 Speaker 27: It has emboldened people to come up to you and 1713 01:18:14,920 --> 01:18:17,360 Speaker 27: tell you your opinions. I had a guy a few 1714 01:18:17,400 --> 01:18:20,559 Speaker 27: months ago, a gentleman in the seventies, come up to 1715 01:18:20,560 --> 01:18:23,400 Speaker 27: me quite brazenly and asked me when I was going home, 1716 01:18:23,840 --> 01:18:25,840 Speaker 27: And I said, well, I live five down, five miles 1717 01:18:25,880 --> 01:18:28,200 Speaker 27: down the road, mates, so in a big house, bigger 1718 01:18:28,200 --> 01:18:32,000 Speaker 27: than yours probably that's where I'm going home to. Sorry, 1719 01:18:32,040 --> 01:18:35,599 Speaker 27: I alwished to boast, but he has embolden these idiots 1720 01:18:35,920 --> 01:18:38,479 Speaker 27: to come and attack foreigners verbally. It's not good. 1721 01:18:38,680 --> 01:18:43,040 Speaker 2: Amazing this baroness Mound what she called a brass bro 1722 01:18:43,160 --> 01:18:44,920 Speaker 2: the Queen of Bras or the Baroness of Bras or 1723 01:18:44,920 --> 01:18:45,559 Speaker 2: whatever she is. 1724 01:18:46,720 --> 01:18:50,240 Speaker 27: Yeah, so she invented. She was a very successful businesswoman, 1725 01:18:50,280 --> 01:18:53,559 Speaker 27: but tonight here her reputation is in the gutter. So 1726 01:18:53,640 --> 01:18:55,360 Speaker 27: she made her own money. I have to and I 1727 01:18:55,400 --> 01:18:59,000 Speaker 27: do know her. I've known her through my time at Sky. 1728 01:18:59,120 --> 01:19:02,000 Speaker 27: She was a panelist on show we had. I socialized 1729 01:19:02,040 --> 01:19:06,720 Speaker 27: with her. She's an interesting character. But look, she made 1730 01:19:06,720 --> 01:19:08,200 Speaker 27: a lot of money to begin with, and then she 1731 01:19:08,280 --> 01:19:10,880 Speaker 27: married a guy who was even richer Doug Barrelman, and 1732 01:19:10,920 --> 01:19:14,240 Speaker 27: they became this very wealthy power couple. Now why they're 1733 01:19:14,280 --> 01:19:17,400 Speaker 27: in the news tonight here a High Court judgment has 1734 01:19:17,439 --> 01:19:20,280 Speaker 27: gone against her. This company, a PPE company that was 1735 01:19:20,360 --> 01:19:24,640 Speaker 27: formed magically overnight during COVID and was pushed into the 1736 01:19:24,720 --> 01:19:28,080 Speaker 27: vip lane of the government for fast tracking. They got 1737 01:19:28,120 --> 01:19:30,040 Speaker 27: somewhere in the region a two hundred and forty four 1738 01:19:30,160 --> 01:19:34,000 Speaker 27: million dollars for PPE kit which she sourced from China. 1739 01:19:34,439 --> 01:19:36,680 Speaker 27: She denied anything to do with this company, and then 1740 01:19:36,720 --> 01:19:38,599 Speaker 27: it all came out and ultimately she had to hold 1741 01:19:38,640 --> 01:19:40,320 Speaker 27: her hand up and say that they were linked to it. 1742 01:19:41,040 --> 01:19:43,360 Speaker 27: They've been told today in the High Court that two 1743 01:19:43,479 --> 01:19:46,160 Speaker 27: hundred and forty four million dollars that that company got 1744 01:19:46,200 --> 01:19:48,640 Speaker 27: from the UK government when the country was on its 1745 01:19:48,720 --> 01:19:52,439 Speaker 27: knees and people were screaming out for Ppe. The equipment 1746 01:19:52,439 --> 01:19:54,600 Speaker 27: that came from China, the gowns and everything in the 1747 01:19:54,600 --> 01:19:58,960 Speaker 27: surgical stuff, it wasn't of a very good quality. Now 1748 01:19:59,080 --> 01:20:01,639 Speaker 27: she's going to have to pay back or PPE MedPro, 1749 01:20:01,800 --> 01:20:04,120 Speaker 27: which has moved to wind up this week, they're going 1750 01:20:04,200 --> 01:20:05,920 Speaker 27: to have to pay back two hundred and forty four 1751 01:20:05,960 --> 01:20:08,920 Speaker 27: million dollars. Michelle Mohan has taken the social media and 1752 01:20:09,040 --> 01:20:11,479 Speaker 27: her Lady Moan of mayfair to give her a title 1753 01:20:11,840 --> 01:20:16,840 Speaker 27: to social media. She's screaming about an establishment win and 1754 01:20:16,920 --> 01:20:20,240 Speaker 27: she says Starmer's first fifteen months in government had been 1755 01:20:20,240 --> 01:20:22,720 Speaker 27: a disgrace. That's her response. 1756 01:20:22,479 --> 01:20:24,439 Speaker 2: When they and I know Rachel Reeves would like to 1757 01:20:24,439 --> 01:20:27,920 Speaker 2: take a peerage off, I don't think technically they can. 1758 01:20:28,080 --> 01:20:30,719 Speaker 2: Can they? But my more important question to you Inda, 1759 01:20:31,840 --> 01:20:34,880 Speaker 2: is it possible to have received a peerage through quote 1760 01:20:34,960 --> 01:20:37,720 Speaker 2: unquote services to lingerie? And when that was rid out 1761 01:20:37,720 --> 01:20:39,800 Speaker 2: publicly when she got that, did they do that with 1762 01:20:39,800 --> 01:20:40,439 Speaker 2: a straight face? 1763 01:20:41,840 --> 01:20:44,240 Speaker 27: Well, well, I'll tell you what. She the main reason 1764 01:20:44,280 --> 01:20:46,439 Speaker 27: she got that, and I know the person involved, David 1765 01:20:46,479 --> 01:20:49,120 Speaker 27: Cameron gave her that peerage, and I know the story. 1766 01:20:49,520 --> 01:20:52,960 Speaker 27: She was very Cameron Cameron needed. This is my reading 1767 01:20:53,000 --> 01:20:55,559 Speaker 27: of us, and I said it to her face as well. 1768 01:20:55,840 --> 01:20:59,720 Speaker 27: I felt the whole Scottish independence argument should have gone 1769 01:20:59,720 --> 01:21:02,200 Speaker 27: the other way, that Scotland should have broken away and 1770 01:21:02,240 --> 01:21:04,760 Speaker 27: Scotland has enough about it to be independent and a 1771 01:21:04,840 --> 01:21:07,760 Speaker 27: Republic of Scotland, and that you know, Scotland had an 1772 01:21:07,800 --> 01:21:11,479 Speaker 27: amazing future. Michelle Mohan campaigned for Scotland to stay in 1773 01:21:11,520 --> 01:21:16,440 Speaker 27: the United Kingdom. Cameron needed. Cameron needed a very wealthy, 1774 01:21:17,120 --> 01:21:21,840 Speaker 27: working class Scottish person to put the frighteners up the 1775 01:21:21,920 --> 01:21:24,760 Speaker 27: rich in Scotland basically, and to say to the poor, look, 1776 01:21:24,800 --> 01:21:27,080 Speaker 27: all these very wealthy people are worried about losing their 1777 01:21:27,120 --> 01:21:30,479 Speaker 27: money if Scotland goes independent. Michelle Mohan was that voice 1778 01:21:30,800 --> 01:21:34,559 Speaker 27: and I think the Ladyship or the peerage was a 1779 01:21:34,600 --> 01:21:38,280 Speaker 27: payoff basically from Cameron for doing something he couldn't do 1780 01:21:38,400 --> 01:21:41,080 Speaker 27: because people in Scotland were not going to listen. Listen 1781 01:21:41,120 --> 01:21:43,600 Speaker 27: to very plummy English guy from Oxfordshire. 1782 01:21:44,000 --> 01:21:45,880 Speaker 2: I'm very pleased with divid Bickham on a mess of 1783 01:21:45,960 --> 01:21:47,840 Speaker 2: divid vick and Fen. I like his wife as well. 1784 01:21:47,880 --> 01:21:51,400 Speaker 2: But is it seventy three million He's doing all right 1785 01:21:51,439 --> 01:21:52,520 Speaker 2: for him Sovny. 1786 01:21:53,280 --> 01:21:56,839 Speaker 27: Yeah hugely. So this is a dividend from the rights company. 1787 01:21:57,000 --> 01:21:59,519 Speaker 27: And he has signed deal after deal after deal here 1788 01:21:59,560 --> 01:22:03,040 Speaker 27: this year. So there's a Belgian larger brand he represents. 1789 01:22:03,320 --> 01:22:06,800 Speaker 27: There's a brand of air Friers gets to the stage now. 1790 01:22:06,800 --> 01:22:09,519 Speaker 27: I'm watching Champions League soccer here in Europe tonight and 1791 01:22:09,520 --> 01:22:11,080 Speaker 27: it gets to the stage when you go through the 1792 01:22:11,120 --> 01:22:14,680 Speaker 27: adverts at halftime. It's like what's Beckham flogging next? But 1793 01:22:14,800 --> 01:22:17,160 Speaker 27: good luck to him is at a very very good year. 1794 01:22:17,439 --> 01:22:20,360 Speaker 2: It's not bad eye. And this storm is this the 1795 01:22:20,400 --> 01:22:22,720 Speaker 2: real deal? Is this the first of the first of 1796 01:22:22,760 --> 01:22:24,040 Speaker 2: the winters? 1797 01:22:25,080 --> 01:22:27,080 Speaker 27: First of the winters? So we now name our storms 1798 01:22:27,080 --> 01:22:30,400 Speaker 27: in alphabetical order. So Storm Amy is coming our way 1799 01:22:30,560 --> 01:22:33,360 Speaker 27: Friday night into Saturday. All we're being told so far 1800 01:22:33,479 --> 01:22:36,640 Speaker 27: is a yellow alert for the weather one hundred and 1801 01:22:36,720 --> 01:22:40,000 Speaker 27: twenty nine kilometers per hour wind speed, so it will 1802 01:22:40,040 --> 01:22:42,800 Speaker 27: be significant. But look, I think we're getting so used 1803 01:22:42,840 --> 01:22:46,120 Speaker 27: to Storm A followed by Storm BCD one of them. 1804 01:22:46,120 --> 01:22:48,599 Speaker 27: Eventually we'll do a lot of damage. But I think 1805 01:22:48,600 --> 01:22:50,519 Speaker 27: it's too early in the season. I mean the sun 1806 01:22:50,600 --> 01:22:51,640 Speaker 27: is still shining. 1807 01:22:51,320 --> 01:22:53,280 Speaker 2: Here now that's good. Hey, listen what I've just got 1808 01:22:53,240 --> 01:22:55,960 Speaker 2: to you quick? What do you reckon this Middle East 1809 01:22:55,960 --> 01:22:58,040 Speaker 2: thing with Tiny Blair? If you took a poll of 1810 01:22:58,160 --> 01:23:02,120 Speaker 2: Brits right now, the percentage be of people going Tony, 1811 01:23:02,200 --> 01:23:05,160 Speaker 2: great men for the job versus Tony Are you serious? 1812 01:23:06,439 --> 01:23:08,280 Speaker 27: I think it depends who you ask. If you talk 1813 01:23:08,320 --> 01:23:11,400 Speaker 27: to people who are Muslim, they will never ever ever 1814 01:23:11,520 --> 01:23:14,479 Speaker 27: forgive him for Iraq and his name is Mud. His 1815 01:23:14,560 --> 01:23:16,360 Speaker 27: name is Mud in the Muslim world and in the 1816 01:23:16,360 --> 01:23:18,600 Speaker 27: Middle East. And then you've got an awful lot of 1817 01:23:18,600 --> 01:23:21,320 Speaker 27: people who just don't like Blair. And then there's a 1818 01:23:21,360 --> 01:23:23,000 Speaker 27: group of people who I think would have him back 1819 01:23:23,000 --> 01:23:26,400 Speaker 27: as Prime minister in a heartbeat because economically the country 1820 01:23:26,479 --> 01:23:29,360 Speaker 27: was better breggsit would never have happened under Blair. And 1821 01:23:29,400 --> 01:23:31,559 Speaker 27: for all his false with foreign policy, he was a 1822 01:23:31,560 --> 01:23:33,000 Speaker 27: brilliant domestic prime minister. 1823 01:23:33,280 --> 01:23:35,040 Speaker 2: He's a survivant need nae. So you end up will 1824 01:23:35,080 --> 01:23:36,960 Speaker 2: catch up again soon. Appreciate it very much. Into Brady 1825 01:23:37,000 --> 01:23:38,880 Speaker 2: out of the UK this morning. The Victoria Bickham docco 1826 01:23:38,920 --> 01:23:40,920 Speaker 2: by the Way, lends on Netflix in about a week's time. 1827 01:23:40,960 --> 01:23:44,120 Speaker 2: October ninth, eight forty five The. 1828 01:23:44,160 --> 01:23:47,880 Speaker 15: Mic Asking Breakfast Full Show podcast on I have Radio 1829 01:23:48,080 --> 01:23:49,120 Speaker 15: how It by News Talks. 1830 01:23:49,160 --> 01:23:52,040 Speaker 2: It'd be don't mean to boy you with my own 1831 01:23:52,080 --> 01:23:54,479 Speaker 2: personal problems, but I'm just looking at a headline at 1832 01:23:54,479 --> 01:23:57,400 Speaker 2: the moment. That's in Auckland on the Upper Harbor Highway. 1833 01:23:58,160 --> 01:23:59,200 Speaker 2: Is that you glinn. 1834 01:24:00,680 --> 01:24:01,200 Speaker 13: Not really? 1835 01:24:01,479 --> 01:24:02,519 Speaker 2: Okay, Well that's good. 1836 01:24:02,640 --> 01:24:04,559 Speaker 27: It depends which way I go, but. 1837 01:24:04,760 --> 01:24:07,920 Speaker 2: Well that's true. The traffic is goodlocked there's a five 1838 01:24:08,120 --> 01:24:13,080 Speaker 2: killometer tailback because a digger fell off a truck. Now 1839 01:24:13,160 --> 01:24:15,080 Speaker 2: how often? Now, what do we need to do about that? 1840 01:24:15,439 --> 01:24:18,040 Speaker 2: Is it just me being old and grumpy? But there's 1841 01:24:18,080 --> 01:24:21,200 Speaker 2: too much of this goes on when you're overtaking trucks 1842 01:24:22,040 --> 01:24:24,160 Speaker 2: that you're just looking at their load and you're going 1843 01:24:24,360 --> 01:24:27,360 Speaker 2: how long before that falls off? And there's only one 1844 01:24:27,400 --> 01:24:29,320 Speaker 2: reason a digger falls off the back of a truck, 1845 01:24:29,360 --> 01:24:30,840 Speaker 2: and that's because they didn't put the digger on the 1846 01:24:30,840 --> 01:24:33,439 Speaker 2: truck in the first place properly. So that's going to 1847 01:24:33,439 --> 01:24:35,720 Speaker 2: be ours of delays, and productivity is going to be 1848 01:24:35,800 --> 01:24:37,559 Speaker 2: up the spout, and people are going to miss meetings, 1849 01:24:37,560 --> 01:24:39,040 Speaker 2: and it's going to be tears in the back seat 1850 01:24:39,080 --> 01:24:40,360 Speaker 2: for the kids and all that sort of stuff. But 1851 01:24:40,439 --> 01:24:42,280 Speaker 2: at the end of the day, all it will happen 1852 01:24:42,439 --> 01:24:44,519 Speaker 2: is that will be nine thousand road cones, four cops 1853 01:24:44,520 --> 01:24:45,840 Speaker 2: and a whole bunch of people come along and pick 1854 01:24:45,880 --> 01:24:47,200 Speaker 2: the digger up and send the truck on his way, 1855 01:24:47,200 --> 01:24:49,160 Speaker 2: and you might get a ticket of some description. What 1856 01:24:49,240 --> 01:24:50,479 Speaker 2: we need what do we need to do? Do we 1857 01:24:50,479 --> 01:24:52,800 Speaker 2: need to taser them? Do we need to put them 1858 01:24:52,840 --> 01:24:56,200 Speaker 2: in jail? Do we need to find the company an 1859 01:24:56,200 --> 01:24:58,599 Speaker 2: amount that they will go? We will never make that 1860 01:24:58,680 --> 01:25:01,200 Speaker 2: mistake again, because a guarantee, whatever happens to the idiot 1861 01:25:01,200 --> 01:25:03,439 Speaker 2: who put the digger on the truck, the answer will 1862 01:25:03,479 --> 01:25:05,640 Speaker 2: be nothing, and he won't care, and then he'll just 1863 01:25:05,640 --> 01:25:08,520 Speaker 2: go about his business. And this stuff happens too much until. 1864 01:25:08,439 --> 01:25:11,120 Speaker 27: I guess, as far as famously said, stupid is as 1865 01:25:11,120 --> 01:25:11,760 Speaker 27: stupid does. 1866 01:25:11,800 --> 01:25:14,960 Speaker 2: Stupid is as stupid does. By the way, aviation is 1867 01:25:15,080 --> 01:25:17,880 Speaker 2: very very pleased to read yesterday. We're looking for a 1868 01:25:17,920 --> 01:25:21,479 Speaker 2: good October, possibly a good summer in terms of planes 1869 01:25:21,520 --> 01:25:24,360 Speaker 2: returning to the country. Air passenger traffic was up in August. 1870 01:25:24,400 --> 01:25:27,880 Speaker 2: Globally this is significantly up four point six percent, so 1871 01:25:27,960 --> 01:25:30,360 Speaker 2: that's encouraging. October volumes are set to grow by three 1872 01:25:30,360 --> 01:25:32,960 Speaker 2: point four percent. In New Zealand, they're launching out christ 1873 01:25:33,000 --> 01:25:36,040 Speaker 2: your cheddlaid service. They're demand for that. How many people 1874 01:25:36,040 --> 01:25:37,560 Speaker 2: in christ you just want to fly to Adelaide? 1875 01:25:37,720 --> 01:25:39,160 Speaker 4: Why wouldn't you well? 1876 01:25:39,160 --> 01:25:43,000 Speaker 2: Why would you wine well and goo wine and wine shop? 1877 01:25:43,080 --> 01:25:44,360 Speaker 2: I need to go to Adelaide for they got to 1878 01:25:44,360 --> 01:25:46,559 Speaker 2: a hawk's bay if you want wine. But my point 1879 01:25:46,560 --> 01:25:48,759 Speaker 2: being that they don't have any planes. For a company 1880 01:25:48,760 --> 01:25:50,960 Speaker 2: that's short of planes, why would you launch a christ 1881 01:25:51,040 --> 01:25:54,479 Speaker 2: you jeddalaid service? Anyway, they're going to get another couple 1882 01:25:54,479 --> 01:25:56,719 Speaker 2: of planes as well, a couple of Dreamliners in New Zealand. 1883 01:25:56,720 --> 01:25:59,720 Speaker 2: So that's encouraging over summer. Jet Stars expanded. We told 1884 01:25:59,760 --> 01:26:01,920 Speaker 2: you about that the other day Transtasment. So that's good 1885 01:26:01,960 --> 01:26:04,760 Speaker 2: cathe they're increasing. Auckland Hong Kong. Now that's a place 1886 01:26:04,800 --> 01:26:06,559 Speaker 2: to go. Auckland Hong Kong. That's a route that makes sense. 1887 01:26:06,600 --> 01:26:08,320 Speaker 2: You go Augland Hong Kong. That's an exciting room. 1888 01:26:08,320 --> 01:26:10,800 Speaker 12: About Hong Kong isn't set out the same way as 1889 01:26:10,880 --> 01:26:13,280 Speaker 12: Christ Churches whereas Adelaide is, isn't it. 1890 01:26:14,200 --> 01:26:17,280 Speaker 2: So you're going from one similar sitson to navigation issues. Oh, 1891 01:26:17,320 --> 01:26:19,920 Speaker 2: I see what you're saying. But still still having said that, 1892 01:26:19,920 --> 01:26:22,200 Speaker 2: Auckland Hong Kong sounds more fun to me. Auckland Dallas 1893 01:26:22,240 --> 01:26:24,760 Speaker 2: Fort Worth, that sounds heaps of fun. So if you 1894 01:26:24,840 --> 01:26:26,400 Speaker 2: just said to me, right, you've got three ritchs. We're 1895 01:26:26,400 --> 01:26:27,840 Speaker 2: going to give away a prize this morning. You can 1896 01:26:27,880 --> 01:26:31,439 Speaker 2: go to Auckland Dallas, Auckland Hong Kong or Christ Church Adelaide. 1897 01:26:31,439 --> 01:26:33,880 Speaker 2: I guarantee you which one is going to win, which 1898 01:26:33,920 --> 01:26:36,400 Speaker 2: one's going to come third? Nine minutes away from nine. 1899 01:26:36,520 --> 01:26:37,880 Speaker 2: Imagine the company. 1900 01:26:37,760 --> 01:26:41,160 Speaker 3: My casking breakfast with Bailey's Real Estate news talks. 1901 01:26:41,160 --> 01:26:43,160 Speaker 2: They'd be just remind you who we are. Imagine a 1902 01:26:43,160 --> 01:26:45,360 Speaker 2: company that backs itself so much that lets you bring 1903 01:26:45,400 --> 01:26:47,439 Speaker 2: the product back any time. How good is this? Imagine 1904 01:26:47,439 --> 01:26:50,519 Speaker 2: they promise never to increase the price, right for the 1905 01:26:50,560 --> 01:26:52,560 Speaker 2: rest of your life. Is that too good to be true? No, 1906 01:26:52,640 --> 01:26:55,400 Speaker 2: it is not. It's real. It's the unlimited hearing aid 1907 01:26:55,439 --> 01:26:59,120 Speaker 2: subscription from resonate Health. Ninety nine a month. You get 1908 01:26:59,160 --> 01:27:01,720 Speaker 2: top of the range here aids ongoing support and every 1909 01:27:01,720 --> 01:27:03,800 Speaker 2: three years are free upgrade to the latest tech. No 1910 01:27:03,880 --> 01:27:06,760 Speaker 2: lump sums, no surprises, no price hikes ever. And it's 1911 01:27:06,760 --> 01:27:09,320 Speaker 2: not just Smart's ki we resonate Health one hundred percent 1912 01:27:09,360 --> 01:27:11,960 Speaker 2: key we gown New Zealand own't which we love. Of course, 1913 01:27:12,320 --> 01:27:14,479 Speaker 2: they've only been in business for three years, but they've 1914 01:27:14,479 --> 01:27:17,400 Speaker 2: already got more five star Google reviews than any other provider. 1915 01:27:17,400 --> 01:27:19,719 Speaker 2: They've grown to twenty nine studios in twenty nine months 1916 01:27:20,160 --> 01:27:21,880 Speaker 2: because people trust the model. They like it. This is 1917 01:27:21,920 --> 01:27:23,680 Speaker 2: a go to. This is a fantastic story. O eight 1918 01:27:23,760 --> 01:27:26,840 Speaker 2: hundred resonate which is eight hundred seven three seven six 1919 01:27:26,880 --> 01:27:29,559 Speaker 2: six two eight hundred seven three seven sixty six two. 1920 01:27:29,800 --> 01:27:32,280 Speaker 2: Speak with the Resonate Hearing Health expert and book it 1921 01:27:32,320 --> 01:27:34,160 Speaker 2: all online if you want to at resonate health dot 1922 01:27:34,200 --> 01:27:38,880 Speaker 2: co dot inz Resonatehealth dot co dot z. Pasky Ci 1923 01:27:39,000 --> 01:27:41,639 Speaker 2: all our family live there. We fly christ Church Hadelaid 1924 01:27:41,640 --> 01:27:43,479 Speaker 2: four times a year. Better than going through Auckland. Yeah, 1925 01:27:43,479 --> 01:27:43,840 Speaker 2: I've heard that. 1926 01:27:43,880 --> 01:27:46,360 Speaker 11: Auckland story before that if you can get. 1927 01:27:46,200 --> 01:27:49,200 Speaker 2: To the world by see Emirates. A lot of people 1928 01:27:49,240 --> 01:27:51,679 Speaker 2: do emorates. Apparently they go from Auckland to christ Church 1929 01:27:51,720 --> 01:27:55,200 Speaker 2: and out from Emirates to Australia, and then they can 1930 01:27:55,240 --> 01:27:57,360 Speaker 2: go on from Australia to Dubai if they want so. 1931 01:27:57,439 --> 01:27:58,720 Speaker 2: Five Away from nine. 1932 01:27:59,040 --> 01:28:03,920 Speaker 1: Trending now Chemist Warehouse celebrate big Friends and biggest savings. 1933 01:28:04,240 --> 01:28:07,960 Speaker 2: This is how pathetic the shutdown problem is. Sombrero Gates 1934 01:28:08,000 --> 01:28:10,240 Speaker 2: is what we've got this morning. A Republicans say the 1935 01:28:10,280 --> 01:28:13,120 Speaker 2: Dems want to give healthcare to illegals. Humuses, that's an 1936 01:28:13,120 --> 01:28:16,559 Speaker 2: outright lie. Trump then goes and posts an AI generated 1937 01:28:16,640 --> 01:28:19,040 Speaker 2: video of ha Keen, Jefferies and Shuma. 1938 01:28:19,240 --> 01:28:22,760 Speaker 6: Look, guys, there's no way to sugarcoat it. Nobody likes 1939 01:28:22,800 --> 01:28:25,840 Speaker 6: Democrats anymore. We have no voters left because of all 1940 01:28:25,840 --> 01:28:28,960 Speaker 6: of our walk trands bulls. Not even black people want 1941 01:28:28,960 --> 01:28:31,519 Speaker 6: to vote for us anymore. Even Latinos hate us. 1942 01:28:31,800 --> 01:28:34,400 Speaker 2: Now that is just for the record, fake shumor. But 1943 01:28:34,439 --> 01:28:38,559 Speaker 2: in the video, Jefferies is wearing frombrero and twiddling his mustache. 1944 01:28:38,720 --> 01:28:39,679 Speaker 2: Jeffreys outraged. 1945 01:28:39,920 --> 01:28:43,519 Speaker 24: It's a disgusting video, and we're going to continue to 1946 01:28:43,520 --> 01:28:46,719 Speaker 24: make Claire bigotry will get you nowhere. We are fighting 1947 01:28:46,760 --> 01:28:50,280 Speaker 24: to protect the healthcare of the American people and the 1948 01:28:50,320 --> 01:28:54,120 Speaker 24: faith of an unprecedented Republican assault. 1949 01:28:54,760 --> 01:29:00,840 Speaker 2: The marriage is Trump. It's got four MPs playing in 1950 01:29:00,880 --> 01:29:04,280 Speaker 2: the background. Now we've got dvance been dragged into it. 1951 01:29:04,320 --> 01:29:07,000 Speaker 5: Today's presser a king Jeffrey said it was a racist 1952 01:29:07,080 --> 01:29:09,200 Speaker 5: and I know that he said that, and I honestly 1953 01:29:09,240 --> 01:29:12,720 Speaker 5: don't even know what that means. Like, is he a 1954 01:29:12,760 --> 01:29:16,920 Speaker 5: Mexican American that is offended by having a sombrero? Meme 1955 01:29:17,200 --> 01:29:19,680 Speaker 5: the American people recognize that he did not actually come 1956 01:29:19,680 --> 01:29:22,599 Speaker 5: to the White House wearing a sombrero and a black 1957 01:29:22,640 --> 01:29:26,000 Speaker 5: curly animation mustache, Like, give the country a little bit 1958 01:29:26,000 --> 01:29:26,439 Speaker 5: of credit. 1959 01:29:27,000 --> 01:29:28,280 Speaker 2: Jeffrey's still not in pressed. 1960 01:29:28,360 --> 01:29:33,080 Speaker 24: The President has been engaging in irresponsible and un serious behavior, 1961 01:29:34,040 --> 01:29:40,880 Speaker 24: demonstrating that all along Republicans wanted to shut the government down. 1962 01:29:40,960 --> 01:29:43,360 Speaker 2: Do you know the problem? And my wife says it 1963 01:29:43,439 --> 01:29:45,559 Speaker 2: a lot, and she's right, she's right about everything, obviously, 1964 01:29:45,600 --> 01:29:47,360 Speaker 2: but she says, I see the problem with the Dems. 1965 01:29:47,400 --> 01:29:49,799 Speaker 2: And it's not just the Dems, it's left leaning people 1966 01:29:49,840 --> 01:29:51,920 Speaker 2: in general. And you see it a lot in this country. 1967 01:29:51,920 --> 01:29:54,559 Speaker 2: The Greens in particular, the left don't have a sense 1968 01:29:54,560 --> 01:29:57,320 Speaker 2: of humor, and they don't laugh, they're not life of foot, 1969 01:29:57,360 --> 01:30:00,759 Speaker 2: and they take themselves far too seriously, and that, sadly 1970 01:30:00,920 --> 01:30:03,759 Speaker 2: is to the detriment. We're back tomorrow morning, Friday Mornings 1971 01:30:03,840 --> 01:30:07,320 Speaker 2: edition of The mic Asking Breakfast. Always Crazy, as always 1972 01:30:07,600 --> 01:30:08,240 Speaker 2: Happy Days. 1973 01:30:09,560 --> 01:30:12,479 Speaker 1: For more from The mic Asking Breakfast, listen live to 1974 01:30:12,560 --> 01:30:15,639 Speaker 1: news talks it'd be from six am weekdays, or follow 1975 01:30:15,680 --> 01:30:17,240 Speaker 1: the podcast on iHeartRadio.