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Speaker 1: In New Zealand's home for trusted News and Views. The

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Speaker 1: Mic Hosking break Bend with the range Rover, the la

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Speaker 1: designed to intrigue, can use togs.

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Speaker 2: Head, be Billy and welcome today. A bit of housing

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Speaker 2: intel one new rules to make it easier and cheaper

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Speaker 2: to build than to a new build that was easier

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Speaker 2: and cheaper. It might be a social housing arts also

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Speaker 2: seems we can't get enough of private schools. A Liberation Day.

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Speaker 2: What it means for global trade? Steve Williams and R

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Speaker 2: to April bit a gold talk at Joe mckennon's and

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Speaker 2: Rome Rod Liddle does.

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Speaker 3: Great Britain for us as well, Pass into.

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Speaker 2: A seven, pass seven past six in an odd way.

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Speaker 2: I think it's good that Donald Trump is serious when

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Speaker 2: he talks about a third term, not because we want

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Speaker 2: a third term or the fact that he will get one,

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Speaker 2: but because if he believes that, he then believes he

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Speaker 2: has to go back to the American people and ask

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Speaker 2: for their vote. And if he does that, he has

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Speaker 2: to also believe that his view on tariffs will have

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Speaker 2: paid off and half the world will have relocated to

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Speaker 2: America to make everything America needs, and that the cost

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Speaker 2: of doing that has meant that it's become cheaper in

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Speaker 2: the golden age that he's talked of has come to pass.

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Speaker 2: Now none of that is going to happen because, for

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Speaker 2: reasons that elude me, he doesn't understand tariff today being

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Speaker 2: Liberation Day. Who the hell knows how it unfolds and

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Speaker 2: what the numbers are and who's in and who's out

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Speaker 2: and exempted, or whether the numbers stay where they are

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Speaker 2: or get changed or get changed again and again and again.

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Speaker 2: But what I do know is tariffs are a false economy.

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Speaker 2: Be as kind to him as you like, but I

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Speaker 2: can understand it. For example, your American product faces issues

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Speaker 2: getting into say Europe, and they impose, say, twenty five

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Speaker 2: percent on your cars. Japan do, Rice, India does very

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Speaker 2: lots of people have lots of reasons to protect local industries.

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Speaker 2: So if you accept that, you then place a similar

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Speaker 2: tariff on products coming into your country. It's poor business,

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Speaker 2: but it is tit for tat. A lot of it

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Speaker 2: goes on. What, though, I can't explain, is how he

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Speaker 2: expects America to be able to make anything and everything

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Speaker 2: locally and at a price everyone can afford. Cheap cars

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Speaker 2: aren't made in America because unions price the labor higher

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Speaker 2: than Asia. It's the reason Australia no longer makes cars.

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Speaker 2: So if you can't produce products that a price people

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Speaker 2: can afford, they go without. An American voter is not

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Speaker 2: going without a car. His belief that it tariff is

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Speaker 2: paid by the company and the price has nothing to

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Speaker 2: do with it. It's simply a lie and will be

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Speaker 2: exposed when the price goes up and the consumer pays it.

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Speaker 2: And when the consumer pays it, that adds to inflation,

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Speaker 2: which is any number of poles and surveys already shows

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Speaker 2: is expected to rise. Growth slows, prices rise, inflation rises,

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Speaker 2: growth slows. What makes us mad is it isn't new.

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Speaker 2: He's not inventing this and trying to scam us. This

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Speaker 2: is age old economics, largely discredited by the arrival of

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Speaker 2: free trade. A lot of the stuff he wants to achieve,

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Speaker 2: you can at least get your head around.

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Speaker 3: Now.

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Speaker 2: You may not like it politically, but it has a

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Speaker 2: logic to it. Tariffs in the Trump style application makes

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Speaker 2: literally no sense. And even if he could have a

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Speaker 2: third term, he wouldn't get it because he would lose

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Speaker 2: because of this sort of madness.

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Speaker 4: News of the.

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Speaker 2: World in ninety Celiberation did it's the Rose Garden. You

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Speaker 2: can't argue he doesn't know how to sell this thing.

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Speaker 2: I mean he's hyped it anyway. The car industry, as

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Speaker 2: I mentioned, is going to be hard hit and there

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Speaker 2: what they're thrilled.

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Speaker 5: We'll have to see some rebalancing, certainly in the auto industry.

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Speaker 5: But although this will have a short term impact, it

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Speaker 5: has a very beneficial long term impact.

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Speaker 2: Thinking is it's twenty percent on everything for everyone, which

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Speaker 2: would include Britain who are pretending in snow Biggie.

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Speaker 6: We're working with all industries and sectors likely to be impacted.

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Speaker 6: We're guided by our national interest at all times, and

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Speaker 6: that's why we've said we won't raw anything out. But

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Speaker 6: it is important at the moment like this that we

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Speaker 6: don't have knee jerk reactions.

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Speaker 2: Now the endless can't see any way this is good.

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Speaker 7: The very fact you're going to have potential trade halls

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Speaker 7: between Europe and the US, and the fact that's so

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Speaker 7: much trade in the UK is tied into the Europe

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Speaker 7: as well, will end up hurting the UK as well.

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Speaker 2: Exactly. Then you got the block of Maryland who was

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Speaker 2: rounded up and sent to l Selvador. And perhaps he

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Speaker 2: shouldn't have been. The dims making hay this guy who.

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Speaker 8: Lives in my state, married to a US citizen with

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Speaker 8: citizen children.

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Speaker 2: He's stuck with the dictator of our Salvador. But then

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Speaker 2: old Gingrich, you're a Republican of old and releasing a problem.

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Speaker 9: And the Democrats are more passionate about an MS thirteen

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Speaker 9: gang member than they were about any of the Americans

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Speaker 9: who've been killed or raped by illegal immigrants.

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Speaker 2: Then back in Britain are yet another weirdo doing odd things.

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Speaker 2: This time it's a funeral director sixty four charges involving

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Speaker 2: dodgy dealings.

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Speaker 10: I can now confirm that Robert Bush has this morning

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Speaker 10: been charged with a combined turtal of sixty four offenses

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Speaker 10: in connection to our investigation. These charges incorporate a total

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Speaker 10: of two hundred and fifty four individual victims.

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Speaker 2: Finally, the BRIT's are being told not to mow the

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Speaker 2: lawns between April and September. This is the butterfly monitoring scheme.

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Speaker 2: It says last year was the second worst recorded in

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Speaker 2: history in terms of butterfly decline, so they want more

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Speaker 2: natural habitats for the fifty nine species of local butterfly

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Speaker 2: in the country. Small issue. Most councils require you to

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Speaker 2: actually mullul all because it's a fire hazard if you

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Speaker 2: can believe it Britain and a fire hazard it requires

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Speaker 2: heat and dryness. Anyway, if you don't, you get fined

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Speaker 2: or charged for somebody to come along in March. So

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Speaker 2: the butterfly people are pushing it a bit uphill. I

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Speaker 2: know it interestingly this morning that Londoners have been worn

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Speaker 2: not to have barbecues this weekend because they could cause

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Speaker 2: wildfires as the temperatures are set to reach twenty two degrees.

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Speaker 2: Use the World of ninety. They also note that's our

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Speaker 2: elbows and list of Greg Norman for a last minute

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Speaker 2: plea on the exemptions. By the way, Elin, if you've

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Speaker 2: missed the news he's leaving Doge. So goes the rumor,

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Speaker 2: and on that rumor, the Tesla stock has gone up.

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Speaker 2: Our questions remain over which countries will respond and how

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Speaker 2: what the impact on inflation and interest rates will be.

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Speaker 2: In other words, market watches this morning. The analysts have

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Speaker 2: got no idea how today is going to unfold. And

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Speaker 2: more importantly, they say there will be no great detail either,

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Speaker 2: So if you're expecting great detail, you'll be disappointed. Twelve

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Speaker 2: pass six.

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

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Speaker 1: off By News Talks.

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Speaker 2: Evy hold the phone. A leak from the White House

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Speaker 2: is suggesting it will be announced ten, fifteen and twenty

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Speaker 2: percent tariffs, different cat agrees, different tariffs, different countries, different

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Speaker 2: deals will keep you post at fifteen past six now

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Speaker 2: from JM. Well Padre callahergurd morning, Good morning Mic. We'll

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Speaker 2: talk about all that in the moment. But building consents here,

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Speaker 2: we still have building as much as we used to

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Speaker 2: are with some of these I look at Wellington. That's

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Speaker 2: down significantly, isn't it.

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Speaker 11: It is.

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Speaker 12: Let's have a quick romp through the local building consent Arctic,

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Speaker 12: because my one thing I have learned in over four

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Speaker 12: decades of doing this, MIC, is that through all these

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Speaker 12: big events, you know, all the liberation days that we've

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Speaker 12: been through, you know, the world keeps turning.

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Speaker 3: Mic.

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Speaker 12: We all keep living our day to day lives. The

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Speaker 12: economy has to keep operating. We always make these day

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Speaker 12: to day decisions, and it really does highlight the role

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Speaker 12: of certainty and confidence, But look, building consents. February numbers

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Speaker 12: are thirty three five hundred and ninety five homes were

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Speaker 12: consented in the twelve months to the end of February

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Speaker 12: twenty five. That is seven point four percent lower than

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Speaker 12: the year of February twenty four. Now, we've talked before

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Speaker 12: about sort of seeing a plateau in these building consents,

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Speaker 12: and that's still the case. There's the vaguest notion that

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Speaker 12: the trend is sort of slightly downhill, but there's certainly

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Speaker 12: no signs of a pickup yet. And that thirty three

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Speaker 12: and a half thousand consensus similar numbers to what we

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Speaker 12: saw in early twenty nineteen, so we're sort of running

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Speaker 12: at the same level we were six years ago. One

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Speaker 12: big theme that you cannot ignore at all, MIC is

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Speaker 12: the breakdown between standalone homes and multi unit homes. Standalone

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Speaker 12: homes in the twelve months, just under sixteen thousand homes

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Speaker 12: consented standalone. That's the lowest level we've seen in almost

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Speaker 12: twelve years. Because back in twenty twenty two we started

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Speaker 12: consenting more multi unit homes than standalone homes. It's still

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Speaker 12: the case. So that's sort of changing the way we

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Speaker 12: live really and it will change the way we live

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Speaker 12: over time. Now, those seasonally just to numbers, they've been

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Speaker 12: holding pretty steady when we look at it on a

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Speaker 12: monthly basis, so you're looking around twenty eight hundred on

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Speaker 12: a monthly basis. What is stark, though, Mike, is what

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Speaker 12: you've just pointed out, this regional variation. So if for

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Speaker 12: a look at those twelve month numbers, Auckland down nine

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Speaker 12: point seven percent, the mighty Waikato down fifteen percent, Wellington

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Speaker 12: down twenty one percent. You go across the Cook straight though,

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Speaker 12: christ Church down zero point six percent, which i'd call

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Speaker 12: that flat, the rest of the South Island up ten percent.

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Speaker 2: Boom time.

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Speaker 12: Yeah, two speed economy, Mike, it's two speed economy. And

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Speaker 12: if you look at it on a population adjusted basis,

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Speaker 12: see the same thing number of contents per one thousand

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Speaker 12: residents nationally six point three homes per one thousand residents,

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Speaker 12: But in Wellington that number is three point three, and

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Speaker 12: that number is over ten in parts of the South Island.

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Speaker 12: So yeah, it's this sort of two speed economy. But

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Speaker 12: building consents in a sort of a holding pattern is

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Speaker 12: what I would call.

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Speaker 2: All right, So what do you make of ten fifteen twenty,

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Speaker 2: depending on who you are.

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Speaker 12: God, so many years, so many questions make Look, we

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Speaker 12: just don't know, and I wouldn't make the I would say, Look,

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Speaker 12: even the most hardcore Trump supporter would have to admit

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Speaker 12: the delivery policy is just a tad erratic.

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Speaker 3: Isn't it.

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Speaker 13: So?

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Speaker 12: Yeah, the rumor yesterday was twenty percent on everything from everywhere.

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Speaker 12: Then let the negotiations begin. But as you say, it

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Speaker 12: sounds like it might be slightly different. Here's a whole

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Speaker 12: bunch of questions, Mike, Okay, a whole bunch of questions

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Speaker 12: that well, I don't know if we get the answer to.

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Speaker 12: But firstly, who retaliates and by how much? So the

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Speaker 12: estent and degree of a trade war? The other question, Mike,

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Speaker 12: do countries get together? Do they start? Do we have

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Speaker 12: different trade allness that come out of this? How much

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Speaker 12: input export substitution do we see? But what's really key,

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Speaker 12: Mic is how long does it last? You know, does

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Speaker 12: the phone start ring in the White House where people saying, well,

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Speaker 12: let's see what we can do. Have the markets already

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Speaker 12: priced in the introduction of tarifs? Mic, I see overnight

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Speaker 12: markets are actually higher coming into this. To what degree

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Speaker 12: does this uncertainty way on people's decision making? You know,

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Speaker 12: who are the relative winners and losers? And very much

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Speaker 12: from our point of view, what is hit and what

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Speaker 12: effect does it have? I mean, if all inputs to

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Speaker 12: Hamburger patties go up, is there any you know?

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Speaker 3: So this?

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Speaker 12: Is there no impact on the volumes of meat that

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Speaker 12: we sell? And does New Zealand's seven your blanc lose

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Speaker 12: favor because it costs more? We just don't know yet.

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Speaker 12: Here's some potential outcomes, Mike.

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Speaker 3: Slower US growth, slower global growth?

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Speaker 12: Does this push the US into recession? Do they get

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Speaker 12: higher inflation?

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Speaker 3: How much?

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Speaker 12: For how long do we see stagflation? Do interest rates?

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Speaker 12: Does the FED defer interest rate cuts because of the inflation?

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Speaker 12: Do longer rates actually go down because of the lower growth?

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Speaker 12: Does Trump get the revenue he needs for tax gus?

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Speaker 12: This is just this what I'm highlighting here, Mike, is

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Speaker 12: the uncertainty that we've got to deal with the mate.

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Speaker 12: We just don't know effectively, We're not sure. I'm not

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Speaker 12: sure how many answers we get today either.

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Speaker 2: Mote, No, I don't think so either. What are the numbers?

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Speaker 14: So?

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Speaker 12: As I said, the US market is actually in positive territory.

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Speaker 12: The Dow Jones is up point eight percent three and

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Speaker 12: thirty eight points, sitting at forty two three hundred and

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Speaker 12: twenty seven. The S and P five hundred is uper

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Speaker 12: point nine percent five six eighty four, and then astak

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Speaker 12: on a bit of a tear because Tesla is up.

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Speaker 12: It's at one point four percent two hundred and forty

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Speaker 12: three points seventeen, six hundred and ninety two. Overnight, the

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Speaker 12: foots one hundred lost point three eight six oh wait,

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Speaker 12: the nikket gained point bud point two eight actually thirty

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Speaker 12: five thousand, seven hundred and twenty five. Shanghai compost three

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Speaker 12: three five oh that was up two. Ostellation markets were

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Speaker 12: relatively unchanged seven nine to three four, up point one

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Speaker 12: of a percent for the A six two hundred and

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Speaker 12: up very small on the insects fifty twelve thy three

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Speaker 12: hundred and twenty kim wei dollars a bit stronger, you

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Speaker 12: are still a little bit weaker point five seven three

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Speaker 12: four point nine one oh four against the Aussie point

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Speaker 12: five to eight three against the Euro point four four

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Speaker 12: to two one pounds eighty six point one oh. Japanese

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Speaker 12: en gold unsurprisingly has gone up three thousand, one hundred

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Speaker 12: and twenty nine dollars. Prink crud seventy four dollars and

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Speaker 12: eighty three cents. Bring on nine o'clock, Mike.

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Speaker 2: Good on your catch up tomorrow. Andrew CALLAHERJMI Well dot co,

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Speaker 2: dot m z fasking. Here's this morning. Nintendo switched to

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Speaker 2: out June five, five hundred bucks in America. It's bigger,

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Speaker 2: it's faster, it's a hit, sold one hundred and fifty

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Speaker 2: million units. Came out in twenty seventeen. Anyway, what do

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Speaker 2: you get? Seven point nine inch screen that's bigger, one

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Speaker 2: thousand eighty p resolution, can display game player one hundred

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Speaker 2: twenty frames a second. This is good. Apparently joy CON's

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Speaker 2: now attached to the console screen with magnets. You can

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Speaker 2: work as a mouse as well when it's used on

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Speaker 2: a table. It's got two andre and fifty gigs of

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Speaker 2: internal storage. They're going to release Mario cart World's Street

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Speaker 2: Fighter six. Got some new hardware. Looks like it's Predecessor've

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Speaker 2: got a sea button brings up a new Nintendo app

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Speaker 2: for chatting with friends called game Chat. God of Liberation

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Speaker 2: Day wasn't exciting enough. How about that June five, six

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Speaker 2: twenty two, News Talks He'd.

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Speaker 1: Be good the Vic Hosking Breakfast Full Show podcast on

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Speaker 1: iHeartRadio powered by News Talks at.

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Speaker 2: B speaking of America, A good day, bad day yesterday,

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Speaker 2: two wins in Florida, but a massive loss in Wisconsin

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Speaker 2: for Trump. More on that shortly six twenty five.

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Speaker 1: Trending now with Chemist ware House, the home of big

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Speaker 1: brand fightalments.

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Speaker 2: But before they need to wrap the Cory Book of records.

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Speaker 2: So as we finished the show yesterday, he was still

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Speaker 2: going twenty one hours and looking strong. Remember the rules,

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Speaker 2: no food, no toilet breaks previous record job at twenty

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Speaker 2: four by strom thurmon Booker crashed through twenty five to

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Speaker 2: end at twenty five and four minutes.

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Speaker 1: With the center yield for a question, Chuck Schumer is.

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Speaker 2: The only time in my life I can tell you no.

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Speaker 3: I just want to tell you a question. Do you

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Speaker 3: know you have just broken the record? Do you know

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Speaker 3: how proud this caucus is of you? Do you know

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Speaker 3: how proud America is of you?

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Speaker 13: I'm Chuck Schumer, I have I have yielded for a question,

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Speaker 13: and you asked me, did I know?

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Speaker 3: I know?

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Speaker 2: Now? But there was more interviews with explanations.

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Speaker 13: I talked to a lot of people. I copied some

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Speaker 13: of the things we did for fifteen hours, so I

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Speaker 13: fasted for days into it. I stopped drinking water a

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Speaker 13: long time ago. I think that had good and bad benefits.

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Speaker 13: I definitely started cramping up from lack of water. So

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Speaker 13: if some of you saw me really drink nothing, Dan,

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Speaker 13: I was just trying to do something to stop my

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Speaker 13: muscles from cramping. So there's just a lot of tactics

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Speaker 13: I was using to try to make sure that I

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Speaker 13: could stand for that.

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Speaker 2: See it is tactics because Thurman, they wrote a book

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Speaker 2: about him because he's famous Old Strom Thurm. And this

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Speaker 2: was back in fifty seven. As doctor called it a

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Speaker 2: urological mystery. He'd prepared by sitting in steam rooms for

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Speaker 2: hours beforehand to dehydrate his bodies. There was a rumor

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Speaker 2: that he was fitted with a catheter, but no one

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Speaker 2: could prove that. Cruise and I forgot to mention this.

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Speaker 2: Yesterday Ted Cruz did the same thing, and I think

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Speaker 2: it was twenty thirteen. He gave advice to Bookie. He said,

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Speaker 2: we're comfortable shoes and don't drink water normally. Men urinate

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Speaker 2: seven to eight times a day, so they called it

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Speaker 2: a urological mystery. Just before I lead America, there's so

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Speaker 2: much going on. Eric Adams, who's the mirror of New

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Speaker 2: York and as crooked as they come, was going to

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Speaker 2: get stitched up and caught for all of this. But

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Speaker 2: Trump did a deal, and the deal involved the immigration

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Speaker 2: business of Trump, and he said, look, let's get him

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Speaker 2: out of there. So what judge overnight has dismissed all

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Speaker 2: the charges against Eric so he can carry on working

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Speaker 2: with Trump. That's how America's working at the moment. I'm

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Speaker 2: afraid news for you in a couple of moments. Then

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Speaker 2: we'll get into the business of building in this.

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Speaker 1: Country, setting the agenda and talking the big issues, the

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Speaker 1: mic costing, breakfast with Bailey's real estate, your local experts

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Speaker 1: across residential, commercial, and rural news talks.

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Speaker 2: Dad be just quickly if you missed it. Yesterday afternoon,

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Speaker 2: So the two Floridians, the Republican Floridians won and the

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Speaker 2: talking point was they didn't win buy as much as

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Speaker 2: they should have. It's thirty points in both of these

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Speaker 2: districts yesterday. They should have won by thirty. They're won

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Speaker 2: by nothing close. Now the counter argument is they go, oh, well,

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Speaker 2: you know, by elections as we would have them in

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Speaker 2: this country. They're always a bit dodgy. Anyway, they got home,

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Speaker 2: So two Republican wins there. The real boilover was with

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Speaker 2: Wisconsin in the Supreme Court Susan Crawford one fifty five

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Speaker 2: to forty five. So it wasn't even close. Now that

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Speaker 2: maintains or keeps intact the liberal dominance of that Supreme Court,

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Speaker 2: so it's four to three liberal. Trump supported the other guy,

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Speaker 2: and as you know, Elon threw millions at it to

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Speaker 2: zero effects. So that is a major loss for them.

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Speaker 2: Twenty three minutes away from seven gather, but we moved

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Speaker 2: the Liberation Day in the garden at nine this morning

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Speaker 2: our time. EU is going to be hit. What does

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Speaker 2: the EU do? The question once they announce what they

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Speaker 2: are going to announce, what does the EU do, What

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Speaker 2: does the world do? How do they retaliate? Joe McKenna

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Speaker 2: and little very shortly meantime back here more details around

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Speaker 2: chunky builders and the government's new self certification proposal, So

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Speaker 2: the Licensed Building Practitioners Board will get greater powers to

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Speaker 2: take action whole idea basically make it easier and cheaper

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Speaker 2: to build master builders. Boss and kit chamers with this

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Speaker 2: morning to you ding make broadly speaking, we head in

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Speaker 2: the right direction. Absolutely, What sort of mess are we

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Speaker 2: trying to clean up? Or is there not that big

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Speaker 2: a mess? In other words, there aren't that many shonky

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Speaker 2: builders about the place.

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Speaker 15: I think the mess is as soon as you have

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Speaker 15: poor practice and something goes wrong, and this is a

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Speaker 15: small pocket of what happens around our industry, then pack

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Speaker 15: it creates it's quite significant and not only it will

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Speaker 15: impact hormon as, it also impacts on industry reputation. And

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Speaker 15: the challenge we have had is the current disciplinary system

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Speaker 15: has some real limitations and it's very slow. It lacks transparency.

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Speaker 15: Many consumers don't even know about it that we have

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Speaker 15: a disciplinary process, so it actually doesn't provide enough deturn

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Speaker 15: And all this is trying to do is to improve

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Speaker 15: the system to a level where there's we can not

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Speaker 15: only address there's small instances of bad performance, but provide

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Speaker 15: more transparency to homeowners so they can make good decisions.

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Speaker 2: The Code of Ethics. There's four key things the Minister's announced.

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Speaker 2: One of them is Code of Ethics for building practitioners.

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Speaker 2: Do we need a code of ethics and does it

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Speaker 2: say anything substantive enough for me as a punter to

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Speaker 2: be confident.

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Speaker 15: Well, that's a very good point, so I'll ang say

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Speaker 15: it two ways. We definitely need a code of ethics,

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Speaker 15: so you need a standard which is very clear so

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Speaker 15: everybody knows how to operate within that standard. And think

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Speaker 15: the second point here raising mic is probably quite an

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Speaker 15: important point that there's a lot of lack of information

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Speaker 15: and knowledge. It's good to have a core of ethic,

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Speaker 15: but it doesn't help if ultimately consumers don't even know

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Speaker 15: that process exists. So in my view, many people don't

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Speaker 15: even know what a LBP is and that there's a

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Speaker 15: disciplinary process. So as much as we need a good system,

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Speaker 15: and you know, we need a good disciplinary process, we

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Speaker 15: also need to make sure there's good information and education

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Speaker 15: and knowledge around it. And this is where I think,

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Speaker 15: along with all these stuff which the government is announcing,

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Speaker 15: which is very good, I believe as an industry we

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Speaker 15: need to take some responsibility too and create some systems

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Speaker 15: and information which it's easier for homeowners to find out

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Speaker 15: that all this information exists, so when they are making

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Speaker 15: decisions around picking up a bill that are starting a

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Speaker 15: new project. They're actually making informed decisions.

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Speaker 2: Good stuff and you appreciate it and glad we're here,

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Speaker 2: going on the right track in Kid Sharma Master build

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Speaker 2: a CEO. By the way, Rich Nisch is joining us

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Speaker 2: later on a couple of things on housing this morning.

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Speaker 2: One from Flitches that I discovered yesterday I thought was interesting.

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00:18:59,720 --> 00:19:02,640
Speaker 2: The others Rich Night. He's an architect. He's just completing

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Speaker 2: as we speak, a house that I think will surprise you.

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Speaker 2: In wrote a ru that could be, at least in part,

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Speaker 2: an answer to our housing problem. He's with us just

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Speaker 2: before eight nineteen to two the.

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Speaker 1: Mic Hosking Breakfast Full Show podcast on iHeartRadio powered by

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Speaker 1: News Talks.

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Speaker 2: EP Now the countdown is on Night of Champions almost

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Speaker 2: here you block out the night of April four in

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Speaker 2: the old calendar. Don't miss New Zealand's biggest night of

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Speaker 2: harness racing. You can be part of the action, of

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00:19:29,040 --> 00:19:31,600
Speaker 2: course with the tab so this promises to be a

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Speaker 2: night of speed and staminare and pure harness racing brilliance.

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Speaker 2: You see the best from both sides of the Tasman.

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Speaker 2: They going head to head. Do not miss the tab

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Speaker 2: trot where the top trotters battled out for the big crown.

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00:19:42,480 --> 00:19:44,320
Speaker 2: And to kick things off, you back any horse and

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Speaker 2: race one this Friday, and if it doesn't win, the

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00:19:46,280 --> 00:19:48,280
Speaker 2: tab will give you up two twenty five doubles back

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00:19:48,280 --> 00:19:50,320
Speaker 2: in the bonus cash. That's a second chance for you

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00:19:50,359 --> 00:19:51,920
Speaker 2: to get back in the game. Just note this is

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00:19:51,960 --> 00:19:55,480
Speaker 2: for the first fix. Odds win bet only maximum bonus

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00:19:55,520 --> 00:19:57,199
Speaker 2: twenty five to one per account. And don't forget to

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00:19:57,200 --> 00:19:59,720
Speaker 2: read those teas and seas. Of course, Night of Champions

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00:19:59,720 --> 00:20:02,960
Speaker 2: coming soon and you can be in on the action tab.

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00:20:03,119 --> 00:20:07,280
Speaker 2: Get your bet on r eighteen and bet responsibly. Posky,

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00:20:07,359 --> 00:20:09,200
Speaker 2: you're saying, Mike, the Dems didn't spend anything, of course

437
00:20:09,240 --> 00:20:11,640
Speaker 2: I'm not. What I'm saying is that Trump and Musk

438
00:20:12,200 --> 00:20:16,280
Speaker 2: Musk in particular placed a tremendous amount of weight and

439
00:20:16,440 --> 00:20:19,720
Speaker 2: money and their reputation on being able to win the

440
00:20:19,800 --> 00:20:22,439
Speaker 2: race and they failed. Mike. How can the Maori Party

441
00:20:22,920 --> 00:20:25,200
Speaker 2: and their so called inquiry over the breach of Parliament's

442
00:20:25,200 --> 00:20:28,080
Speaker 2: conduct rules ever conceivably be referred to as an independent

443
00:20:28,160 --> 00:20:30,960
Speaker 2: inquiry when it's their own conductors the chorus, You're done,

444
00:20:30,960 --> 00:20:33,399
Speaker 2: you falling for the trap you're giving them the time

445
00:20:33,440 --> 00:20:37,320
Speaker 2: of day. The trick here is to ignore them. To

446
00:20:37,400 --> 00:20:40,800
Speaker 2: paraphrase Logan Roy, they are not serious people.

447
00:20:40,960 --> 00:20:45,440
Speaker 1: Six forty five International Correspondence with Ends and Eye Insurance,

448
00:20:45,560 --> 00:20:47,640
Speaker 1: Peace of Mind for New Zealand Business.

449
00:20:47,320 --> 00:20:50,000
Speaker 2: Literaly Joe McKenna, How are you great?

450
00:20:50,080 --> 00:20:50,640
Speaker 16: How are you mate?

451
00:20:50,680 --> 00:20:54,240
Speaker 2: I'm very well. Indeed, now with Liberation Day and Trump

452
00:20:54,240 --> 00:20:56,919
Speaker 2: and the Rose Garden very shortly, is Italy seeing this

453
00:20:57,000 --> 00:20:59,320
Speaker 2: as an Italian thing? In other words, are you being

454
00:20:59,359 --> 00:21:02,040
Speaker 2: lined up for some some tariffs of some description or

455
00:21:02,040 --> 00:21:03,720
Speaker 2: are you part of the EU and this is all

456
00:21:03,800 --> 00:21:04,760
Speaker 2: under that basket.

457
00:21:05,720 --> 00:21:07,640
Speaker 17: Well it's a bit of both really, but I think

458
00:21:08,359 --> 00:21:11,840
Speaker 17: people here are really bracing themselves. The Prime Minister, Georgia

459
00:21:11,920 --> 00:21:16,400
Speaker 17: Maloney says that the EU needs to look at appropriate responses.

460
00:21:17,000 --> 00:21:20,480
Speaker 17: Today she was with the top business lobby Confindustria. They're

461
00:21:20,960 --> 00:21:24,879
Speaker 17: revising downwards their outlook for Italy. Their GDP looks pretty

462
00:21:24,880 --> 00:21:28,439
Speaker 17: grim in terms of twenty twenty five, and I think

463
00:21:28,520 --> 00:21:30,280
Speaker 17: that's going to get a lot worse if these tariffs

464
00:21:30,320 --> 00:21:30,680
Speaker 17: come in.

465
00:21:31,040 --> 00:21:32,880
Speaker 2: What sort of things would you be hit with? What

466
00:21:32,920 --> 00:21:34,920
Speaker 2: do you send a lot of to America?

467
00:21:36,160 --> 00:21:40,639
Speaker 17: Well, the total is worth about thirty nine billion euros

468
00:21:40,720 --> 00:21:43,159
Speaker 17: to the According to the twenty twenty four figures, that

469
00:21:43,200 --> 00:21:50,919
Speaker 17: would affect things like food and drink exports, wines, agriculture, cheese, parmesan, cheese,

470
00:21:51,000 --> 00:21:54,320
Speaker 17: things like that, as well as machinery and pharmaceuticals.

471
00:21:54,480 --> 00:21:57,400
Speaker 2: See here's the problem. This is why Trump's so insane.

472
00:21:57,880 --> 00:21:59,600
Speaker 2: What's he want to do? Does he want to grow

473
00:21:59,600 --> 00:22:03,040
Speaker 2: his own So if you grow olives in America, there

474
00:22:03,080 --> 00:22:05,800
Speaker 2: are no terrorists but Italian olives. I mean, you can't

475
00:22:05,800 --> 00:22:08,480
Speaker 2: do anything about that, can you. You can't. You can't

476
00:22:08,600 --> 00:22:12,800
Speaker 2: make parmesan in America because it's not parmesan. So you're

477
00:22:12,800 --> 00:22:14,760
Speaker 2: going to get peinged. America is going to get pened.

478
00:22:14,760 --> 00:22:15,720
Speaker 2: It all seems mental.

479
00:22:16,800 --> 00:22:19,960
Speaker 17: Yeah, just driving everything upwards. But certainly people are very

480
00:22:20,000 --> 00:22:22,200
Speaker 17: nervous here. I was just done on the Amalfi Coast.

481
00:22:22,640 --> 00:22:25,920
Speaker 17: Lots of Americans down there in terms of tourism right now,

482
00:22:26,480 --> 00:22:29,840
Speaker 17: and the hospitality industries worry that if we go into

483
00:22:29,840 --> 00:22:32,159
Speaker 17: a recession, they're going to lose all those American visitors.

484
00:22:32,280 --> 00:22:34,720
Speaker 2: Yeah, exactly. And where does Maloney say? This was my

485
00:22:34,800 --> 00:22:37,679
Speaker 2: other question, because she's aligned, if you like, ideologically to

486
00:22:37,720 --> 00:22:40,159
Speaker 2: a degree with Trump. Anyway, does she retaliate or do

487
00:22:40,280 --> 00:22:42,720
Speaker 2: the EU retaliate or does she do it to way?

488
00:22:42,920 --> 00:22:43,760
Speaker 2: How does that unfold?

489
00:22:44,920 --> 00:22:46,879
Speaker 16: Well, she's talking about appropriate responses.

490
00:22:46,920 --> 00:22:49,840
Speaker 17: I think Italy will try and merge with the EU

491
00:22:50,280 --> 00:22:53,439
Speaker 17: so that she can somehow straddle her friendship with Trump

492
00:22:53,800 --> 00:22:57,000
Speaker 17: and her relationship with the EU rather than going hard

493
00:22:57,680 --> 00:23:00,639
Speaker 17: and suggests that Italy is going to go it alone.

494
00:23:00,640 --> 00:23:02,080
Speaker 17: I don't think we're going to see that happening. I

495
00:23:02,080 --> 00:23:05,359
Speaker 17: think we're going to see something uniform across the EU.

496
00:23:05,520 --> 00:23:07,080
Speaker 16: But then we'll have to wait and see on that.

497
00:23:07,119 --> 00:23:09,679
Speaker 2: I think, yeah, yes, So if this goes pear shaped

498
00:23:09,800 --> 00:23:13,480
Speaker 2: globally and then JD turns up. So JD's done Greenland,

499
00:23:13,480 --> 00:23:15,240
Speaker 2: now he's doing Italy. How's that going to go down?

500
00:23:16,320 --> 00:23:16,800
Speaker 16: Yeah?

501
00:23:16,960 --> 00:23:21,120
Speaker 17: I mean jdvance in Italy. He's planning to come around Easter,

502
00:23:21,200 --> 00:23:26,280
Speaker 17: around April eighteen to the twentieth of April. According to sources,

503
00:23:26,320 --> 00:23:29,399
Speaker 17: he's reached out to the Maloney's office to set up

504
00:23:29,440 --> 00:23:32,000
Speaker 17: a meeting. There's even talk that he might meet the Pope.

505
00:23:32,000 --> 00:23:35,120
Speaker 17: I didn't realize until today he's actually a Catholic.

506
00:23:35,200 --> 00:23:36,480
Speaker 16: Did you know he'd been baptized?

507
00:23:36,640 --> 00:23:39,000
Speaker 17: Yeah, so he's quite keen to meet the Pope if

508
00:23:39,200 --> 00:23:40,720
Speaker 17: he is indeed up to it by.

509
00:23:40,640 --> 00:23:43,159
Speaker 2: Then okay, so that's interesting. But then we've got the Teasley.

510
00:23:43,320 --> 00:23:45,600
Speaker 2: How are you Tisler's on fire at your place?

511
00:23:46,560 --> 00:23:47,119
Speaker 16: That's right.

512
00:23:47,800 --> 00:23:50,760
Speaker 17: Seventeen Tesla cars were destroyed in a fire in Rome.

513
00:23:51,440 --> 00:23:55,359
Speaker 17: Elon must called it an act of terrorism, and interestingly,

514
00:23:55,680 --> 00:23:59,600
Speaker 17: Italy's Interior Ministry has urged police across the country to

515
00:23:59,760 --> 00:24:03,159
Speaker 17: increase security at Tesla dealerships because.

516
00:24:02,880 --> 00:24:04,880
Speaker 16: They may be targeted by extremists.

517
00:24:05,000 --> 00:24:07,280
Speaker 2: How many of those electric charges do you have in

518
00:24:07,359 --> 00:24:09,800
Speaker 2: downtown Rome? For an ev? I know the pope hopped it?

519
00:24:09,840 --> 00:24:10,000
Speaker 13: Is it?

520
00:24:10,040 --> 00:24:11,919
Speaker 2: What's the five point of what?

521
00:24:12,119 --> 00:24:12,280
Speaker 11: You know?

522
00:24:12,280 --> 00:24:13,600
Speaker 2: The little five phone chinkento?

523
00:24:13,680 --> 00:24:13,880
Speaker 3: Yeah?

524
00:24:13,920 --> 00:24:16,240
Speaker 2: Yeah, yeah, so that was electric? Where where do you

525
00:24:16,280 --> 00:24:16,840
Speaker 2: plug those in?

526
00:24:17,720 --> 00:24:19,960
Speaker 16: I don't see too many outlets around Rome?

527
00:24:20,080 --> 00:24:22,600
Speaker 2: No, no, exactly. That's that's the thing. I've said. You'll

528
00:24:22,680 --> 00:24:24,680
Speaker 2: take it home together, and most people in Rome don't

529
00:24:24,680 --> 00:24:25,800
Speaker 2: have a garage either, do they.

530
00:24:26,359 --> 00:24:27,840
Speaker 16: That's right, you'd have to put it out on the

531
00:24:27,840 --> 00:24:28,480
Speaker 16: street somewhere.

532
00:24:28,520 --> 00:24:30,040
Speaker 2: So then you put it out on the street, and

533
00:24:30,080 --> 00:24:32,800
Speaker 2: then I don't get how was the pope by the way,

534
00:24:34,160 --> 00:24:34,760
Speaker 2: I haven't.

535
00:24:34,560 --> 00:24:36,680
Speaker 17: Heard too much apart from the fact that he's stable.

536
00:24:36,840 --> 00:24:41,199
Speaker 17: His blood levels are normal. He's made some improvement with

537
00:24:41,240 --> 00:24:44,480
Speaker 17: his lungs. So we'll wait and see what happens over Easter.

538
00:24:44,600 --> 00:24:46,439
Speaker 2: I think good luck to him. See you next us

539
00:24:46,640 --> 00:24:49,480
Speaker 2: trick at it. So Joe McKinnon's in Rome. She mentions

540
00:24:49,520 --> 00:24:52,600
Speaker 2: the tourism, which is really interesting. So the Canadians have

541
00:24:52,760 --> 00:24:55,600
Speaker 2: got this. A lot of Canadians are boycotting America at

542
00:24:55,600 --> 00:24:57,560
Speaker 2: the moment. Huge number of Canadians are going I'm not

543
00:24:57,640 --> 00:25:01,439
Speaker 2: going on holiday to America. The the disparate nature of

544
00:25:01,480 --> 00:25:04,280
Speaker 2: the tourism industry. No one from America goes to Canada

545
00:25:04,320 --> 00:25:08,159
Speaker 2: on holiday in general, but hundreds of thousands, of not

546
00:25:08,240 --> 00:25:10,960
Speaker 2: millions of Canadians go to America. And so that's potentially

547
00:25:11,000 --> 00:25:13,440
Speaker 2: going to be a talking point just before I leave Europe,

548
00:25:13,440 --> 00:25:15,680
Speaker 2: because there's so much interest in going on there. Finland,

549
00:25:15,960 --> 00:25:18,159
Speaker 2: I've announced overnight they're going to quit that global convention

550
00:25:18,240 --> 00:25:20,800
Speaker 2: banning anti personnel land mines and they're going to boost

551
00:25:20,800 --> 00:25:22,840
Speaker 2: defense bending to at least three percent of GDP by

552
00:25:22,880 --> 00:25:24,680
Speaker 2: twenty twenty nine. This is because of Russia, of course,

553
00:25:24,720 --> 00:25:27,720
Speaker 2: I told you the other day. Poland, Estonia, Latvia, Lithuania

554
00:25:28,400 --> 00:25:31,000
Speaker 2: last month said there withdrawing this is the Ottawa Convention

555
00:25:31,080 --> 00:25:35,080
Speaker 2: of nineteen ninety seven. So the whole world order is

556
00:25:35,119 --> 00:25:37,560
Speaker 2: being tipped on its head, all the stuff we signed

557
00:25:37,600 --> 00:25:41,359
Speaker 2: all those years ago in a show of good grace

558
00:25:41,480 --> 00:25:43,560
Speaker 2: and hope. Ie, you don't have a lot of land

559
00:25:43,600 --> 00:25:45,439
Speaker 2: mines around the place so that people run in and

560
00:25:45,440 --> 00:25:48,480
Speaker 2: blow themselves up. All that's gone. All that's gone. I

561
00:25:48,520 --> 00:25:50,159
Speaker 2: also note with a great deal of interest, and I

562
00:25:50,240 --> 00:25:53,359
Speaker 2: thought Catherine on the program on Tuesday told us that

563
00:25:53,440 --> 00:25:58,160
Speaker 2: the lapen business of running for president couldn't be appealed.

564
00:25:58,280 --> 00:26:00,800
Speaker 2: And yet I read overnight that the Court of Appeal

565
00:26:02,280 --> 00:26:04,639
Speaker 2: now says it could hear the case by mid twenty six,

566
00:26:04,800 --> 00:26:07,119
Speaker 2: mid next year. Now that was the case, and that

567
00:26:07,200 --> 00:26:08,960
Speaker 2: went well, there'd be enough time to enter the race

568
00:26:08,960 --> 00:26:12,840
Speaker 2: should she be cleared. Three appeals have been filed so far.

569
00:26:13,359 --> 00:26:18,320
Speaker 2: But the questioner Aubahn of Hungary said Jessui marnin the

570
00:26:18,400 --> 00:26:21,639
Speaker 2: Kremlin said the verdict was a violation of democratic norms,

571
00:26:21,640 --> 00:26:23,399
Speaker 2: and Trump said it was a quote unquote a very

572
00:26:23,480 --> 00:26:26,560
Speaker 2: big deal. So watch this one play out, because even

573
00:26:26,600 --> 00:26:28,879
Speaker 2: if she is banned, if you think her supporters are

574
00:26:28,880 --> 00:26:31,359
Speaker 2: going to let that lie, you've got another thing coming.

575
00:26:31,400 --> 00:26:34,960
Speaker 2: So the world at the moment. To say it's topsy

576
00:26:35,000 --> 00:26:37,880
Speaker 2: turvy is to understate it dramatically. Nine minutes away from

577
00:26:37,880 --> 00:26:38,520
Speaker 2: sept the.

578
00:26:38,680 --> 00:26:42,240
Speaker 1: Mike Hosking breakfast with the Range Rover Villain News togs

579
00:26:42,240 --> 00:26:42,760
Speaker 1: Head been.

580
00:26:42,640 --> 00:26:45,600
Speaker 2: Barney of Barrony SpaceX is pleading with the White House

581
00:26:45,640 --> 00:26:49,640
Speaker 2: at the moment for terriff exemptions. They got a bunch

582
00:26:49,680 --> 00:26:52,120
Speaker 2: of stuff in their rockets and starlinks that are made

583
00:26:52,160 --> 00:26:54,880
Speaker 2: in China. But of course I'll just relocate to America

584
00:26:54,920 --> 00:26:56,840
Speaker 2: and make everything really cheap, so it'll work out well.

585
00:26:56,960 --> 00:26:59,360
Speaker 2: By the way, you'll notice the ceasefire is not going

586
00:26:59,359 --> 00:27:02,199
Speaker 2: well in the war's ended yet while we're focusing on

587
00:27:02,240 --> 00:27:04,600
Speaker 2: Liberation Day, I didn't see a very interesting interview with

588
00:27:05,040 --> 00:27:07,920
Speaker 2: about Putin and where the war's going to go really bad.

589
00:27:07,960 --> 00:27:10,080
Speaker 2: So he's on at the moment a massive call up,

590
00:27:10,160 --> 00:27:12,439
Speaker 2: the biggest military call up in years. He's after one

591
00:27:12,520 --> 00:27:15,600
Speaker 2: hundred and sixty thousand men between eighteen and thirty. And

592
00:27:15,680 --> 00:27:19,160
Speaker 2: this bloke who was in Kiev at an American university

593
00:27:19,240 --> 00:27:21,160
Speaker 2: was arguing what happened with the war, and he was right.

594
00:27:21,680 --> 00:27:24,239
Speaker 2: Is the initial casualties from the Russian point of view

595
00:27:24,280 --> 00:27:26,600
Speaker 2: with the Wagner people so they are all mercenaries. No

596
00:27:26,640 --> 00:27:29,280
Speaker 2: and know in Russia care that they died. Then he

597
00:27:29,320 --> 00:27:31,399
Speaker 2: got all the prisoners out and he gave h mcgunn

598
00:27:31,400 --> 00:27:33,679
Speaker 2: and told to go fight. They all got shot, so

599
00:27:33,800 --> 00:27:35,480
Speaker 2: no one cared that they died either, because they were

600
00:27:35,520 --> 00:27:38,439
Speaker 2: all crooks. Now, the problem that Putin's facing at one

601
00:27:38,520 --> 00:27:42,480
Speaker 2: hundred and sixty thousand is their sons, their sons, and

602
00:27:42,520 --> 00:27:44,720
Speaker 2: they live at home with mum, and suddenly they're going

603
00:27:44,720 --> 00:27:46,400
Speaker 2: off to war and they're going to get shot dead.

604
00:27:46,840 --> 00:27:48,639
Speaker 2: And that's where it's going to get really ugly for

605
00:27:48,840 --> 00:27:51,960
Speaker 2: a Putin. So watch the space five minutes away from seven.

606
00:27:52,560 --> 00:27:55,840
Speaker 1: For the inns and the outs. It's the Bears with

607
00:27:56,119 --> 00:27:59,520
Speaker 1: business favor take your business productivity to the next level.

608
00:27:59,520 --> 00:28:00,760
Speaker 2: And then we come to the update on what I

609
00:28:00,800 --> 00:28:04,400
Speaker 2: was alluding to yesterday. This Newsmax thing. It's just absolutely fascinating.

610
00:28:04,440 --> 00:28:07,080
Speaker 2: So Newsmax's very minor player in the US cable system.

611
00:28:07,880 --> 00:28:10,000
Speaker 2: It's the right of Fox. It's a favorite of Trump.

612
00:28:10,080 --> 00:28:12,560
Speaker 2: Started in twenty fourteen. Trump gave it the big Tech

613
00:28:12,600 --> 00:28:14,399
Speaker 2: in twenty twenty. That was when he wasn't happy with

614
00:28:14,480 --> 00:28:17,040
Speaker 2: Fox because they didn't keep saying to everybody that the

615
00:28:17,080 --> 00:28:19,560
Speaker 2: election was stolen, so he got moose with them and

616
00:28:19,600 --> 00:28:22,840
Speaker 2: went to Newsmax. Officially, they've got the fourth largest audience

617
00:28:22,960 --> 00:28:26,400
Speaker 2: in cable, So that's two hundred and eleven thousand daytime viewers,

618
00:28:26,440 --> 00:28:28,680
Speaker 2: three hundred and nine thousand primers. I told you yesterday

619
00:28:29,119 --> 00:28:32,640
Speaker 2: this show has more listeners in New Zealand than they

620
00:28:32,680 --> 00:28:36,000
Speaker 2: have in primetime, and significantly so, and it puts them

621
00:28:36,000 --> 00:28:39,680
Speaker 2: behind Fox, MSNBC, and CNN. They've never turned a profit.

622
00:28:40,120 --> 00:28:42,080
Speaker 2: Last year net loss grew seventy one percent on the

623
00:28:42,080 --> 00:28:45,720
Speaker 2: previous year to be about seventy two million US. But

624
00:28:45,760 --> 00:28:48,360
Speaker 2: this past Monday they do debut on The New York's

625
00:28:48,360 --> 00:28:50,440
Speaker 2: Dockeys Change. They were priced at ten dollars a pop

626
00:28:51,280 --> 00:28:53,400
Speaker 2: end up trading yesterday it was two hundred and thirty three,

627
00:28:53,520 --> 00:28:55,400
Speaker 2: So ten dollars to two hundred and thirty three that's

628
00:28:55,400 --> 00:28:59,680
Speaker 2: a two thousand, two hundred percent increase in value in

629
00:28:59,680 --> 00:29:02,960
Speaker 2: about three days. Gives them a market cap now thirty billion.

630
00:29:03,240 --> 00:29:05,600
Speaker 2: So they don't make any money, no one's watching them,

631
00:29:05,680 --> 00:29:08,080
Speaker 2: but they're worth thirty billion dollars. That's more than what

632
00:29:08,240 --> 00:29:11,440
Speaker 2: Fox is worth, Fox Corp. Is worth, and Warner Brothers

633
00:29:11,880 --> 00:29:18,440
Speaker 2: and Paramount globally so most people, of course see this

634
00:29:18,600 --> 00:29:21,160
Speaker 2: for what it is. It's game stop two point zero,

635
00:29:21,360 --> 00:29:23,480
Speaker 2: and they're in it for the short term. They'll stag

636
00:29:23,520 --> 00:29:25,880
Speaker 2: it aloft and someone will make some money and other

637
00:29:25,920 --> 00:29:28,520
Speaker 2: people won't and nothing will really change. And once again

638
00:29:28,560 --> 00:29:31,080
Speaker 2: we have a lesson about fools and their money. Now

639
00:29:31,200 --> 00:29:34,560
Speaker 2: a little report into the mental health system. Remember the

640
00:29:34,600 --> 00:29:37,240
Speaker 2: one point nine billion Grant Robertson welfare budget one point

641
00:29:37,320 --> 00:29:38,960
Speaker 2: nine billion for mental health, and it was going to

642
00:29:38,960 --> 00:29:42,280
Speaker 2: solve all the problems. I don't know how surprised you'll

643
00:29:42,320 --> 00:29:45,760
Speaker 2: be to learn this morning it hasn't really solved all

644
00:29:45,800 --> 00:29:48,680
Speaker 2: the problems anyway. So we've got a report out on that.

645
00:29:48,880 --> 00:29:51,160
Speaker 2: We'll look at Liberation Day and what it actually means

646
00:29:51,160 --> 00:29:54,080
Speaker 2: and could it affect us and how so. Steve Williams

647
00:29:54,200 --> 00:29:56,160
Speaker 2: on the Goal he after rate as well.

648
00:29:57,560 --> 00:30:00,560
Speaker 1: The Breakfast Show, Kiwi's Trust to Stay in the Know,

649
00:30:01,040 --> 00:30:05,520
Speaker 1: the Mic Hosking Breakfast with a Veda, Retirement, Communities, Life

650
00:30:05,680 --> 00:30:06,800
Speaker 1: Your Way News Togs.

651
00:30:06,840 --> 00:30:08,680
Speaker 2: He'd be only seven past seven. So the ghost of

652
00:30:08,760 --> 00:30:10,880
Speaker 2: labor past has come back this morning as we remember

653
00:30:10,880 --> 00:30:13,280
Speaker 2: that famed splash of cash for mental health and the

654
00:30:13,280 --> 00:30:16,040
Speaker 2: budget of twenty nineteen one point nine billion, of which

655
00:30:16,040 --> 00:30:17,960
Speaker 2: six hundred and sixty four million was given for what

656
00:30:18,080 --> 00:30:21,280
Speaker 2: was called Access and Choice Access and Choice Program to

657
00:30:21,360 --> 00:30:24,080
Speaker 2: improve mild to moderate mental health care. Apparently, as we

658
00:30:24,160 --> 00:30:25,920
Speaker 2: hit the five year mark, we can see the target

659
00:30:25,920 --> 00:30:27,920
Speaker 2: of supporting three hundred and twenty five thousand of us

660
00:30:28,200 --> 00:30:30,440
Speaker 2: is well short. They are helping two hundred and seven thousand,

661
00:30:30,520 --> 00:30:32,320
Speaker 2: or thirty six percent of what they thought. Anyway, the

662
00:30:32,320 --> 00:30:35,240
Speaker 2: Mental Health and Well Being Commissioned CEO Karen Osborne's with

663
00:30:35,320 --> 00:30:36,280
Speaker 2: us Karen, morning.

664
00:30:36,000 --> 00:30:38,000
Speaker 14: To you, Good morning Mike.

665
00:30:38,320 --> 00:30:40,600
Speaker 2: In very simple terms, do you think this is working?

666
00:30:40,640 --> 00:30:41,520
Speaker 2: Given you so short?

667
00:30:42,840 --> 00:30:46,200
Speaker 14: Look, we do think the program is working. Yes, it

668
00:30:46,320 --> 00:30:50,120
Speaker 14: is short of the three hundred and twenty hundred thousand

669
00:30:50,160 --> 00:30:53,040
Speaker 14: people per annum. But what we have seen is the

670
00:30:53,120 --> 00:30:57,920
Speaker 14: reach of this program across primary care and community services

671
00:30:58,200 --> 00:31:00,960
Speaker 14: is at sixty eight percent, which is very close to

672
00:31:00,960 --> 00:31:04,120
Speaker 14: the seventy percent that was anticipated. So the reach is

673
00:31:04,120 --> 00:31:07,560
Speaker 14: there in terms of the services being available. What really

674
00:31:07,560 --> 00:31:11,200
Speaker 14: now needs to happen is real focus on increasing the

675
00:31:11,240 --> 00:31:13,240
Speaker 14: numbers of people who are using those services.

676
00:31:13,360 --> 00:31:14,320
Speaker 2: Why aren't they using it?

677
00:31:15,440 --> 00:31:17,520
Speaker 14: Well, there's a range of factors. I mean, some of

678
00:31:17,520 --> 00:31:20,240
Speaker 14: them have taken time to come on stream. There is

679
00:31:20,320 --> 00:31:23,560
Speaker 14: also what we hear that people don't know always know

680
00:31:23,600 --> 00:31:25,920
Speaker 14: where to go to get the help. So there is

681
00:31:26,000 --> 00:31:30,800
Speaker 14: an issue of awareness, but it's also about what's happening

682
00:31:30,840 --> 00:31:32,760
Speaker 14: on the ground in some of those practices to make

683
00:31:32,800 --> 00:31:37,200
Speaker 14: sure that it's easy for people to access these services very.

684
00:31:37,040 --> 00:31:40,360
Speaker 2: Well coordinated or organized after five years? Am I being unfair?

685
00:31:41,840 --> 00:31:42,080
Speaker 6: Look?

686
00:31:42,160 --> 00:31:45,360
Speaker 14: I think this is these services that are in primary cares,

687
00:31:45,360 --> 00:31:51,360
Speaker 14: are GP practices, rural practices, urban practices, in community services

688
00:31:51,360 --> 00:31:55,160
Speaker 14: such as new use services, Pacific Services, co Paper Maori.

689
00:31:55,480 --> 00:31:59,480
Speaker 14: So it's very widespread and it's what we have seen

690
00:31:59,560 --> 00:32:02,719
Speaker 14: is really good progress, but just that really focused attention

691
00:32:02,800 --> 00:32:04,880
Speaker 14: that needs to happen in this next stage.

692
00:32:05,080 --> 00:32:07,040
Speaker 2: But all we ever here on the media is how

693
00:32:07,120 --> 00:32:09,440
Speaker 2: you can't get access to mental health care. Why doesn't

694
00:32:09,440 --> 00:32:11,800
Speaker 2: somebody join some dots and say, well, there's plenty of money,

695
00:32:11,880 --> 00:32:14,120
Speaker 2: plenty of service, and if you're talking about the primary

696
00:32:14,160 --> 00:32:15,680
Speaker 2: gere of the doctor, why doesn't every GP in the

697
00:32:15,720 --> 00:32:17,920
Speaker 2: country know here's the service and putting you in the

698
00:32:18,000 --> 00:32:18,480
Speaker 2: right direction.

699
00:32:19,760 --> 00:32:21,760
Speaker 14: And that's where we really need to see this focus.

700
00:32:21,880 --> 00:32:25,720
Speaker 2: So this review was it's it's five years. Why haven't

701
00:32:25,720 --> 00:32:27,200
Speaker 2: we got the focus? Why isn't it up and running

702
00:32:27,240 --> 00:32:29,080
Speaker 2: in you know, tickety boo? Why are we spending hundreds

703
00:32:29,120 --> 00:32:31,200
Speaker 2: of millions of dollars in something that after five years

704
00:32:31,240 --> 00:32:33,120
Speaker 2: doesn't work.

705
00:32:33,320 --> 00:32:36,000
Speaker 14: It does work, and we've heard some really really positive

706
00:32:36,040 --> 00:32:38,760
Speaker 14: feedback from the people who use their services, and so

707
00:32:38,840 --> 00:32:41,640
Speaker 14: it is working for many people. It's just not getting

708
00:32:41,680 --> 00:32:44,120
Speaker 14: to the number of people that it really needs to.

709
00:32:44,520 --> 00:32:47,920
Speaker 14: And some of this is the way this service was designed,

710
00:32:47,960 --> 00:32:52,880
Speaker 14: so having people in individual practices and having people being

711
00:32:52,880 --> 00:32:55,600
Speaker 14: able to access on the day, and that there's not

712
00:32:55,680 --> 00:32:58,320
Speaker 14: a steady flow of people always needing those services. So

713
00:32:58,400 --> 00:33:01,000
Speaker 14: what we also need to use some of the digital

714
00:33:01,120 --> 00:33:03,840
Speaker 14: virtual tools to make sure that people are being fully

715
00:33:03,960 --> 00:33:08,000
Speaker 14: utilized across the country. So there are some strengths in

716
00:33:08,040 --> 00:33:10,480
Speaker 14: the model, but there's also some areas that need to improve,

717
00:33:10,840 --> 00:33:12,440
Speaker 14: and that's what we're shining the line.

718
00:33:12,440 --> 00:33:15,480
Speaker 2: It sounds like complete and utter waste to me, No,

719
00:33:16,280 --> 00:33:17,800
Speaker 2: that's not. I mean, you know, for the people who

720
00:33:17,840 --> 00:33:21,480
Speaker 2: are using it, fantastic, that's good. So congratulations, But at

721
00:33:21,520 --> 00:33:24,800
Speaker 2: only thirty six percent, that's sixty four percent of people

722
00:33:24,840 --> 00:33:28,480
Speaker 2: who are not being reached allegedly, and maybe you're suggesting

723
00:33:28,480 --> 00:33:30,120
Speaker 2: they don't need to be reached because maybe they don't

724
00:33:30,120 --> 00:33:31,720
Speaker 2: actually have a problem, So we're spending money on a

725
00:33:31,760 --> 00:33:33,920
Speaker 2: problem that doesn't exist as widely as we think it does.

726
00:33:34,440 --> 00:33:36,800
Speaker 14: Oh look the numbers around the wrong Way is actually

727
00:33:36,800 --> 00:33:40,280
Speaker 14: reaching sixty four percent of the people, so it's thirty

728
00:33:40,280 --> 00:33:43,800
Speaker 14: six that's remaining. So it's reaching two thirds of the

729
00:33:43,880 --> 00:33:48,280
Speaker 14: number of people that was anticipated. My apologies, numb Yeah, yeah,

730
00:33:49,000 --> 00:33:52,280
Speaker 14: so the worse and delays through COVID. So this program

731
00:33:52,360 --> 00:33:58,080
Speaker 14: started in twenty twenty and so those early years did

732
00:33:58,160 --> 00:34:00,760
Speaker 14: take a bit longer to get up and running. Got it. Also,

733
00:34:00,840 --> 00:34:04,240
Speaker 14: we've employed or the system has employed an extra thirteen

734
00:34:04,320 --> 00:34:08,239
Speaker 14: hundred stars, so this program across the country and that's

735
00:34:08,440 --> 00:34:12,239
Speaker 14: a big uptack in terms of that resource. So is

736
00:34:12,280 --> 00:34:15,320
Speaker 14: what we're wanting to see is that resource being used

737
00:34:15,960 --> 00:34:19,360
Speaker 14: to the most benefit for the people in the community.

738
00:34:19,440 --> 00:34:21,799
Speaker 14: So it's come a long way, but it's definitely got

739
00:34:21,800 --> 00:34:24,319
Speaker 14: some more work to be done, and we particularly also

740
00:34:24,360 --> 00:34:27,120
Speaker 14: want to see more focus on our young people. So

741
00:34:27,200 --> 00:34:29,799
Speaker 14: this program is reaching young people, and we know young

742
00:34:29,840 --> 00:34:33,960
Speaker 14: people are having a delays to access specialist mental health

743
00:34:33,960 --> 00:34:37,480
Speaker 14: and addiction services, so this is providing much needed support

744
00:34:37,520 --> 00:34:38,480
Speaker 14: to those young people.

745
00:34:38,560 --> 00:34:40,200
Speaker 2: Okay, I must get you back on again. Care and

746
00:34:40,200 --> 00:34:41,759
Speaker 2: because I've got of a bunch of other questions that

747
00:34:41,800 --> 00:34:43,880
Speaker 2: I don't have time for now. But that's I appreciate

748
00:34:43,920 --> 00:34:45,640
Speaker 2: your time. Karen Osborne, who's a mental Health and well

749
00:34:45,640 --> 00:34:48,360
Speaker 2: Being commissioned So coming up twelve and it's past seven,

750
00:34:48,840 --> 00:34:50,759
Speaker 2: get a little bit more China boat anks. We've got

751
00:34:50,760 --> 00:34:52,920
Speaker 2: this research ship. You will have seen. It's been approved

752
00:34:52,920 --> 00:34:55,040
Speaker 2: by the government. It's part of a newer research project.

753
00:34:55,120 --> 00:34:58,239
Speaker 2: It's raised moderate interest here but in Australia, of course

754
00:34:58,239 --> 00:35:00,399
Speaker 2: they've got election vibes at the moment. That and easy,

755
00:35:00,400 --> 00:35:02,920
Speaker 2: he said he would prefer it wasn't of Victoria's coast.

756
00:35:03,160 --> 00:35:06,680
Speaker 2: The director of New Zealand Contemporary China Research Center, Jason Young,

757
00:35:06,920 --> 00:35:08,520
Speaker 2: is well, it's Jason, very good morning to you.

758
00:35:09,480 --> 00:35:09,960
Speaker 8: Good morning.

759
00:35:10,120 --> 00:35:12,640
Speaker 2: So we've got two things going on. The flotilla was different.

760
00:35:12,680 --> 00:35:14,919
Speaker 2: Live firing is different. This is just a research ship.

761
00:35:15,000 --> 00:35:17,120
Speaker 2: Is this like perfectly normal and we shouldn't even be

762
00:35:17,160 --> 00:35:19,879
Speaker 2: talking about this or could there be something to it?

763
00:35:21,840 --> 00:35:24,839
Speaker 8: Well, I guess that's the big question, right. So it's

764
00:35:24,880 --> 00:35:28,560
Speaker 8: a research ship, it's approved, it's an international group, but

765
00:35:28,600 --> 00:35:31,520
Speaker 8: it's obviously funded by China, and so for me, it

766
00:35:31,640 --> 00:35:35,080
Speaker 8: raises the question of why people are so interested, and

767
00:35:35,120 --> 00:35:39,600
Speaker 8: it shows that there's a heightened level of strategic distrust. Yeah,

768
00:35:40,000 --> 00:35:42,320
Speaker 8: particularly in Australia, but also in New Zealand. Sort of

769
00:35:42,400 --> 00:35:45,200
Speaker 8: questioning these types of activities is my assessment.

770
00:35:45,239 --> 00:35:47,239
Speaker 2: Right, it's heightened in Australia because of course I've got

771
00:35:47,239 --> 00:35:48,200
Speaker 2: an election campaign on.

772
00:35:49,640 --> 00:35:49,879
Speaker 15: Well.

773
00:35:50,200 --> 00:35:53,040
Speaker 8: I think whenever there's an election, and if China becomes

774
00:35:53,040 --> 00:35:56,759
Speaker 8: an issue in an election, then both alban Easy and

775
00:35:56,840 --> 00:36:00,400
Speaker 8: the opposition leader Dutton will be wanting to appeal to

776
00:36:00,480 --> 00:36:03,400
Speaker 8: audiences that want to show that Australia is standing up

777
00:36:03,440 --> 00:36:06,680
Speaker 8: for its interests and protecting Australia. So once it becomes

778
00:36:06,719 --> 00:36:11,120
Speaker 8: an election issue then I think, yeah, it changes the debate.

779
00:36:11,400 --> 00:36:13,960
Speaker 2: Fascinating thing for me is we're trying to dubt out

780
00:36:14,080 --> 00:36:16,800
Speaker 2: being the largest trading partner and we love their money

781
00:36:17,000 --> 00:36:18,840
Speaker 2: and we love selling them stuff, but we don't like

782
00:36:18,840 --> 00:36:20,560
Speaker 2: them all of a sudden and our attitude to them

783
00:36:20,600 --> 00:36:22,160
Speaker 2: has changed. How do you square that circle?

784
00:36:23,640 --> 00:36:26,080
Speaker 8: Well, I think that's perhaps a little bit of a

785
00:36:26,160 --> 00:36:30,640
Speaker 8: simplified view of New Zealand's relationship with China. I guess

786
00:36:30,680 --> 00:36:34,239
Speaker 8: it's complicated in the sense that yes, New Zealand has

787
00:36:34,280 --> 00:36:36,560
Speaker 8: a very important trading relationship with China. China is a

788
00:36:36,600 --> 00:36:39,520
Speaker 8: very important actor, but some of the activities that it

789
00:36:39,560 --> 00:36:44,400
Speaker 8: does in the international system go against our interests. Some

790
00:36:44,480 --> 00:36:47,880
Speaker 8: of it go against our direct interests. And it's a

791
00:36:48,040 --> 00:36:51,560
Speaker 8: way New Zealand and Australia both need to be able

792
00:36:51,640 --> 00:36:55,520
Speaker 8: to manage those areas of difference whilst maintaining those positive

793
00:36:55,560 --> 00:36:56,879
Speaker 8: aspects of the relationship.

794
00:36:57,200 --> 00:36:59,920
Speaker 2: Jason, appreciate your expertise. Jason Young, New Zealand Conteporary chin

795
00:37:00,040 --> 00:37:03,719
Speaker 2: A Research Center Director, fourteen past seven. Pasty, where does

796
00:37:03,760 --> 00:37:07,239
Speaker 2: the Trump teariff money go? Very good question. A debt possibly,

797
00:37:07,320 --> 00:37:09,880
Speaker 2: but more likely tax cuts are the debate as to

798
00:37:09,880 --> 00:37:11,880
Speaker 2: how much they raise. They're saying hundreds of billions of

799
00:37:11,960 --> 00:37:15,560
Speaker 2: not trillions of dollars. Its delusional. Most economists say it'll

800
00:37:15,600 --> 00:37:17,880
Speaker 2: be nothing like that. Mike, Judith Colin shouldn't have postponed

801
00:37:17,880 --> 00:37:20,920
Speaker 2: the Privileges Committee hearing in the Mara Party case. The

802
00:37:20,920 --> 00:37:24,000
Speaker 2: committee should simply reach its conclusion on their conduct and

803
00:37:24,000 --> 00:37:27,080
Speaker 2: what the consequences are. I tend to agree, And if

804
00:37:27,080 --> 00:37:28,960
Speaker 2: you're watching Judith at the moment, you can see she

805
00:37:29,000 --> 00:37:31,840
Speaker 2: wants to say a lot of stuff she doesn't because

806
00:37:31,840 --> 00:37:35,680
Speaker 2: she's trying to maintain the decorum and professionalism and the

807
00:37:35,719 --> 00:37:39,720
Speaker 2: manner of the Privilege's committee while others play silly games.

808
00:37:40,160 --> 00:37:41,279
Speaker 2: Fourteen Past.

809
00:37:42,680 --> 00:37:47,120
Speaker 1: The High Asking Breakfast Full Show podcast on iHeartRadio powered

810
00:37:47,120 --> 00:37:47,800
Speaker 1: by News.

811
00:37:47,560 --> 00:37:51,359
Speaker 2: Talks a be Dartmouth economics professor Douglas Irwin with us

812
00:37:51,400 --> 00:37:55,000
Speaker 2: very shortly too, workers through the potential outcome of Liberation Day. Meantime,

813
00:37:55,040 --> 00:37:57,200
Speaker 2: turns out we love a private school. More and more

814
00:37:57,239 --> 00:37:59,359
Speaker 2: parents lining up in some cases now enrollments are closed

815
00:37:59,400 --> 00:38:02,080
Speaker 2: until twenty twenty seven. Families are being asked to some

816
00:38:02,360 --> 00:38:05,200
Speaker 2: videos of their home life, and entrance tests are being

817
00:38:05,200 --> 00:38:08,840
Speaker 2: made Tougher parents are fighting for a better curriculum, qualifications,

818
00:38:08,840 --> 00:38:11,359
Speaker 2: smaller class sizes, independent schools and New Zealand. Boss Guy

819
00:38:11,400 --> 00:38:14,919
Speaker 2: at pascoes, Well, this guy, very good morning to you, Mike.

820
00:38:14,960 --> 00:38:15,719
Speaker 3: How are you very well?

821
00:38:15,760 --> 00:38:17,759
Speaker 2: Indeed, thank you Boom times. This is good, isn't it?

822
00:38:19,239 --> 00:38:19,439
Speaker 11: Yeah?

823
00:38:19,600 --> 00:38:21,840
Speaker 3: Well, it certainly is good. Full of some schools.

824
00:38:21,840 --> 00:38:24,879
Speaker 18: But I would say that while there's a really high

825
00:38:24,960 --> 00:38:27,560
Speaker 18: demand in certain areas like Auckland and other parts of

826
00:38:27,560 --> 00:38:29,880
Speaker 18: the country, it's not uniform across all schools.

827
00:38:29,920 --> 00:38:32,360
Speaker 2: I was going to ask you, is this a main center.

828
00:38:32,400 --> 00:38:34,160
Speaker 2: Thinks this an Auckland, Wellington Christge thing.

829
00:38:35,040 --> 00:38:36,960
Speaker 18: Yeah, it is a main center, so I think. I mean,

830
00:38:37,000 --> 00:38:38,839
Speaker 18: certainly there are some schools in the regions that are

831
00:38:38,840 --> 00:38:41,840
Speaker 18: doing well as well. But as I said before, it's

832
00:38:41,880 --> 00:38:42,560
Speaker 18: not uniform.

833
00:38:43,320 --> 00:38:46,760
Speaker 2: Is this a noticeable spike or what we've been discussing

834
00:38:46,840 --> 00:38:49,320
Speaker 2: for many, many years. There's a sort of malaise around

835
00:38:49,320 --> 00:38:51,440
Speaker 2: some of the public school system and the qualifications and

836
00:38:51,480 --> 00:38:53,080
Speaker 2: the attention and the turning up and all that, and

837
00:38:53,120 --> 00:38:54,800
Speaker 2: therefore you drift naturally to private.

838
00:38:56,280 --> 00:38:58,960
Speaker 18: Yeah, a good question. I mean, we have noticed an

839
00:38:58,960 --> 00:39:03,279
Speaker 18: increase in enrollment and independent schools since COVID, and that's

840
00:39:03,320 --> 00:39:07,000
Speaker 18: actually been observed internationally as well.

841
00:39:07,960 --> 00:39:10,000
Speaker 2: Oh really, so it's not just New Zealand, because I

842
00:39:10,000 --> 00:39:12,000
Speaker 2: can mount you a fairly substantive case that says our

843
00:39:12,040 --> 00:39:14,400
Speaker 2: public systems and deep, deep trouble. And I'm not surprised

844
00:39:14,440 --> 00:39:15,800
Speaker 2: at any of this, but you can tell me it

845
00:39:15,840 --> 00:39:16,840
Speaker 2: happens all over the world.

846
00:39:17,640 --> 00:39:21,640
Speaker 18: Well, it certainly was a post COVID response that internationally

847
00:39:21,680 --> 00:39:23,400
Speaker 18: we're sun to see a kind of a decline. And

848
00:39:23,400 --> 00:39:25,640
Speaker 18: obviously what's happened in the UK has had on presiveness

849
00:39:26,120 --> 00:39:30,279
Speaker 18: that's on their independent school system at the moment, But yeah,

850
00:39:30,320 --> 00:39:32,480
Speaker 18: a numbers have kind of been hovering around four percent

851
00:39:33,120 --> 00:39:36,160
Speaker 18: nationally for a number of years.

852
00:39:36,880 --> 00:39:39,960
Speaker 2: Who in the cost of living crisis so called how

853
00:39:39,960 --> 00:39:40,640
Speaker 2: do you afford this?

854
00:39:42,080 --> 00:39:44,759
Speaker 18: Well, I mean, that's a really good point. Appearance are

855
00:39:44,760 --> 00:39:47,960
Speaker 18: making huge financial sacrifices to up to send their children

856
00:39:48,000 --> 00:39:51,200
Speaker 18: to the school of their choice. And something that you know,

857
00:39:51,239 --> 00:39:53,359
Speaker 18: we are concerned about is that at some point there

858
00:39:53,400 --> 00:39:55,759
Speaker 18: will be at some point where you know, appearance just

859
00:39:55,880 --> 00:39:57,160
Speaker 18: somebody can't afford it anymore.

860
00:39:57,719 --> 00:40:00,400
Speaker 2: Do you get something better? And I know answer to

861
00:40:00,440 --> 00:40:01,879
Speaker 2: this because I'm a parent of five and I've gone

862
00:40:01,920 --> 00:40:04,040
Speaker 2: through private and public and integrated and every school going

863
00:40:04,040 --> 00:40:07,239
Speaker 2: in the country. Does going to private give you a

864
00:40:07,280 --> 00:40:08,160
Speaker 2: better education?

865
00:40:09,280 --> 00:40:13,120
Speaker 18: Well, ultimately that's for parents and families to decide. I mean,

866
00:40:13,160 --> 00:40:17,840
Speaker 18: there are some incredible things happening and schools around the country,

867
00:40:17,880 --> 00:40:21,440
Speaker 18: and the results speak for themselves. But that's not to

868
00:40:21,440 --> 00:40:23,560
Speaker 18: say there aren't amazing things happening in the state schools

869
00:40:23,600 --> 00:40:26,480
Speaker 18: as well. And we're just something advocating for independent schools

870
00:40:26,480 --> 00:40:28,560
Speaker 18: as a small but are very critical part of the

871
00:40:28,560 --> 00:40:29,400
Speaker 18: wider sector.

872
00:40:29,960 --> 00:40:32,600
Speaker 2: Interesting, all right, Guy appreciated Guy Pasco Independent schools and

873
00:40:32,640 --> 00:40:34,800
Speaker 2: new Zealand CEO. I'll come back to that my experience

874
00:40:34,800 --> 00:40:36,680
Speaker 2: if I have time, because I have a fairly well

875
00:40:36,719 --> 00:40:39,440
Speaker 2: honed view on that. My carwork in mental health space.

876
00:40:39,480 --> 00:40:41,720
Speaker 2: This woman is talking crap on the ground the doctor

877
00:40:41,719 --> 00:40:44,040
Speaker 2: surgeries and not funneling people into access and choice. We've

878
00:40:44,080 --> 00:40:46,200
Speaker 2: been assigned to doctor surgeries and neither one of them

879
00:40:46,239 --> 00:40:47,839
Speaker 2: would give us off a space to work from. Let

880
00:40:47,880 --> 00:40:48,960
Speaker 2: me come back to that as well.

881
00:40:49,239 --> 00:40:56,600
Speaker 1: Seven The Mic Asking Breakfast Full Show podcast on iHeartRadio

882
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883
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Speaker 2: Now, when you're looking to invest your hard earned money,

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Speaker 2: for over one hundred and fifty five years. Not only

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Speaker 2: pride themselves on providing great rates for investors, they're passionately

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890
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Speaker 2: here in the country. Don't we love that? Yes, we do.

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Speaker 2: SBS call it conserving the Kiwi Dream helping key. We

892
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Speaker 2: save for their dream futures while helping those first home

893
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Speaker 2: buyers and their dream homes. Helping kiwis helping keywis I

894
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Speaker 2: mean you know it's got a good ring to it,

895
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Speaker 2: doesn't it. So if you have grand dreams to invest

896
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Speaker 2: in your future, could be purchasing a holiday home, helping

897
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898
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899
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Speaker 2: saving for. SBS Bank have a range of investment options

900
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903
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Speaker 2: Ask eem and twenty four Housing Development for You. Housing

904
00:41:59,440 --> 00:42:02,880
Speaker 2: development that once again shows how reality beats theory. So

905
00:42:03,040 --> 00:42:06,280
Speaker 2: housing is a New Zealand obsession. Of course, we love housing.

906
00:42:06,560 --> 00:42:09,600
Speaker 2: We long to own housing. It encroaches on immigration and

907
00:42:09,600 --> 00:42:12,400
Speaker 2: whether too many people lead to higher prices. It encroaches

908
00:42:12,400 --> 00:42:14,719
Speaker 2: on politics and the expectation as to what governments do

909
00:42:14,800 --> 00:42:17,480
Speaker 2: about housing and the prices of It involves social housing,

910
00:42:17,480 --> 00:42:20,000
Speaker 2: emergency housing, key, we save, it, in comes, the Reserve Bank,

911
00:42:20,040 --> 00:42:23,960
Speaker 2: deposits LBRs. It's all encompassing in theory. If you could

912
00:42:23,960 --> 00:42:26,480
Speaker 2: make building cheaper, we would be keen to back that up,

913
00:42:26,520 --> 00:42:28,440
Speaker 2: wouldn't we? Or yes, yes, I hear you say, yes,

914
00:42:28,480 --> 00:42:31,759
Speaker 2: we would. So what happened to Clevercre Clever Core is

915
00:42:31,800 --> 00:42:36,320
Speaker 2: Fletcher's prefab house building factory. The factory is closing. Why,

916
00:42:36,560 --> 00:42:39,000
Speaker 2: I hear you ask, well, because, to quote Fletcher's, it

917
00:42:39,080 --> 00:42:42,239
Speaker 2: had not worked. Demand was the issue. There wasn't enough

918
00:42:42,239 --> 00:42:45,960
Speaker 2: of it. If you had conducted a survey, which is theory,

919
00:42:46,239 --> 00:42:49,440
Speaker 2: and asked could prefab housing help the so called housing

920
00:42:49,480 --> 00:42:52,200
Speaker 2: crisis in this country, you would have gotten overwhelming yes.

921
00:42:52,800 --> 00:42:55,720
Speaker 2: And yet did we follow our enthusiasm up with some sales?

922
00:42:55,760 --> 00:42:58,920
Speaker 2: No we did not. Clearly, resistance from the building industry

923
00:42:59,360 --> 00:43:01,879
Speaker 2: is another frayse that Fletcher's uses. You see, as I've

924
00:43:01,880 --> 00:43:03,960
Speaker 2: said many many times, we're happy to moan about the

925
00:43:04,000 --> 00:43:05,960
Speaker 2: cost of building, the cost of jib, how cheap it

926
00:43:06,000 --> 00:43:07,799
Speaker 2: is in Australia, how much a deck out the back

927
00:43:07,840 --> 00:43:09,960
Speaker 2: for the barbecue is. But prefab who know? I wouldn't

928
00:43:09,960 --> 00:43:13,200
Speaker 2: touch prefab. Essentially, we're housing snobs, sort of like coffee

929
00:43:13,400 --> 00:43:15,560
Speaker 2: moan about six bucks for a flat, right, but we're

930
00:43:15,560 --> 00:43:17,719
Speaker 2: going to pay it anyway. Not that there's anything wrong

931
00:43:17,760 --> 00:43:19,120
Speaker 2: with that. I mean, if you want to pay anywhere

932
00:43:19,160 --> 00:43:22,200
Speaker 2: between ten and thirty five thousand dollars a square meter terrific.

933
00:43:22,600 --> 00:43:25,520
Speaker 2: But what clever Core reveals is we don't actually want

934
00:43:25,600 --> 00:43:28,839
Speaker 2: to save often, we don't actually want solutions. What we

935
00:43:28,920 --> 00:43:31,960
Speaker 2: want is what we have and like accept at a

936
00:43:31,960 --> 00:43:35,440
Speaker 2: better price. We want what we can't have, what we

937
00:43:35,520 --> 00:43:40,600
Speaker 2: can have. We don't want, ask Fletchers asking, right the

938
00:43:40,640 --> 00:43:43,000
Speaker 2: mental health then part of that program we're talking about

939
00:43:43,040 --> 00:43:45,960
Speaker 2: this morning is if you have low mood, so there's

940
00:43:45,960 --> 00:43:47,600
Speaker 2: government money if you've got low mood. This is not

941
00:43:47,640 --> 00:43:49,720
Speaker 2: mental health crisis. This is not ambulance to the bottom

942
00:43:49,719 --> 00:43:51,640
Speaker 2: of the cliff stuff. This is not suicides. This is

943
00:43:51,680 --> 00:43:54,600
Speaker 2: a few bit not having such a good day. There's

944
00:43:54,600 --> 00:43:56,799
Speaker 2: money for that, hundreds of millions of dollars. Apparently. The

945
00:43:56,840 --> 00:43:59,440
Speaker 2: other point I wanted to raise with Karen and I

946
00:43:59,440 --> 00:44:02,160
Speaker 2: didn't have time is her press release. So she is

947
00:44:02,440 --> 00:44:06,239
Speaker 2: the Mental Health and well Being Commissioner. Now I don't

948
00:44:06,280 --> 00:44:08,840
Speaker 2: know what these commissioners do apart from put out press releases.

949
00:44:09,000 --> 00:44:12,000
Speaker 2: And I've got another one coming yesterday from the Retirement Commissioner,

950
00:44:12,400 --> 00:44:16,680
Speaker 2: reiterating everything we've ever heard about retirement. Just again they

951
00:44:16,680 --> 00:44:19,359
Speaker 2: employed somebody paid money that we don't have to write

952
00:44:19,440 --> 00:44:21,720
Speaker 2: Yet another report that tells us the bleeding obvious. Anyway,

953
00:44:21,760 --> 00:44:24,600
Speaker 2: back to the business of mental health. Her press release

954
00:44:24,680 --> 00:44:27,759
Speaker 2: was full of sproken up bagness. In other words, I

955
00:44:27,840 --> 00:44:30,160
Speaker 2: love what labour did. I love the spending of the money.

956
00:44:30,320 --> 00:44:32,279
Speaker 2: Now the fact that it's not quite working as well

957
00:44:32,320 --> 00:44:34,240
Speaker 2: as it was supposed to, the fact that it hasn't

958
00:44:34,600 --> 00:44:37,000
Speaker 2: done what it was supposed to. That's right down the

959
00:44:37,120 --> 00:44:38,920
Speaker 2: very end of the press release. That's the bit that

960
00:44:38,960 --> 00:44:41,239
Speaker 2: no journalist is ever going to get to. I got there,

961
00:44:41,600 --> 00:44:44,799
Speaker 2: and that's why we conducted the interview we did. But

962
00:44:44,920 --> 00:44:47,840
Speaker 2: are they apologists for the government as a commissioner? Correct

963
00:44:47,880 --> 00:44:50,840
Speaker 2: me if I'm wrong. I thought commissioners were supposed to

964
00:44:50,840 --> 00:44:53,360
Speaker 2: be independent. I thought they were supposed to hold people

965
00:44:53,400 --> 00:44:56,520
Speaker 2: to account, i e. The government. And just because you're

966
00:44:56,560 --> 00:44:58,600
Speaker 2: funded by the government doesn't mean you're a lackey to

967
00:44:58,640 --> 00:45:01,960
Speaker 2: the government. And if the isn't working, the program isn't working,

968
00:45:02,239 --> 00:45:04,480
Speaker 2: and you should be saying that as opposed to going, oh, well,

969
00:45:04,640 --> 00:45:06,120
Speaker 2: some people who had a very good time, thank you

970
00:45:06,200 --> 00:45:08,240
Speaker 2: very much. And I'm sure there is but it wasn't

971
00:45:08,280 --> 00:45:11,640
Speaker 2: what was supposed to happen with over half a billion

972
00:45:11,680 --> 00:45:14,759
Speaker 2: dollars of expenditure. So anyway, as I say, we'll get

973
00:45:14,800 --> 00:45:16,840
Speaker 2: her back another day and have a good old discussion

974
00:45:16,880 --> 00:45:19,359
Speaker 2: about that. We need to focus now, though, on Liberation Day.

975
00:45:19,880 --> 00:45:22,879
Speaker 2: Is a world trade war about to break out as

976
00:45:22,880 --> 00:45:25,120
Speaker 2: of nine o'clock this morning in New Zealand time. We'll

977
00:45:25,160 --> 00:45:26,239
Speaker 2: guard to Dartmer.

978
00:45:26,239 --> 00:45:30,680
Speaker 1: Next, your source of breaking news, challenging a billion and

979
00:45:30,840 --> 00:45:34,799
Speaker 1: honors backs the Mike Hosking breakfast with the range Rover

980
00:45:34,880 --> 00:45:38,160
Speaker 1: villa designed to intrigue and use Tom sad.

981
00:45:37,960 --> 00:45:41,040
Speaker 2: B twenty three minutes away from mate Steve Williams by

982
00:45:41,040 --> 00:45:43,440
Speaker 2: the way, talks Gulf after eight o'clock a Liberation Day.

983
00:45:43,480 --> 00:45:45,480
Speaker 2: Details of the revealed in about an hour and a

984
00:45:45,520 --> 00:45:47,439
Speaker 2: half time Rose Garden at the White House. Of course,

985
00:45:47,480 --> 00:45:49,440
Speaker 2: a lot of speculation as to how this is going

986
00:45:49,480 --> 00:45:52,879
Speaker 2: to play out. As far as the Mexican concern. They're

987
00:45:52,880 --> 00:45:55,520
Speaker 2: not interested in tip for tap, and they look at what.

988
00:45:57,000 --> 00:45:59,000
Speaker 19: We do not believe in an eye for a lie,

989
00:45:59,120 --> 00:46:01,840
Speaker 19: for a year, two for a tooth, because that always

990
00:46:01,920 --> 00:46:05,560
Speaker 19: leads to a bad situation. Of course, measures are taken,

991
00:46:05,640 --> 00:46:08,400
Speaker 19: because measures are taken on the other side. But the

992
00:46:08,440 --> 00:46:12,080
Speaker 19: dialogue must continue. It's not about tit or tat, but

993
00:46:12,160 --> 00:46:14,640
Speaker 19: about what is best for Mexico and how to face

994
00:46:14,719 --> 00:46:15,840
Speaker 19: the situation.

995
00:46:16,280 --> 00:46:19,480
Speaker 2: North to the other border. Doug Ford, who once upon

996
00:46:19,480 --> 00:46:21,239
Speaker 2: a time threatened to cut the power off to New York.

997
00:46:21,280 --> 00:46:24,000
Speaker 2: Of course Ontario Premiere he not so upbeate.

998
00:46:24,320 --> 00:46:27,400
Speaker 3: President Trump calls a liberation day. I call it termination

999
00:46:27,560 --> 00:46:29,160
Speaker 3: day because a lot of people are going to be

1000
00:46:29,239 --> 00:46:30,719
Speaker 3: terminated from their jobs now.

1001
00:46:30,800 --> 00:46:33,520
Speaker 2: Dot Mouth economics professor Douglas Owan's with us. Douglas, very,

1002
00:46:33,520 --> 00:46:34,239
Speaker 2: good morning to you.

1003
00:46:35,680 --> 00:46:36,759
Speaker 11: It's good afternoon here.

1004
00:46:37,000 --> 00:46:39,120
Speaker 2: What's your vibe? How's this going to unfold? Are we

1005
00:46:39,160 --> 00:46:41,840
Speaker 2: going to get specific detail. If we get specific detail,

1006
00:46:41,880 --> 00:46:44,640
Speaker 2: do we get retaliation immediately or eventually or what?

1007
00:46:46,520 --> 00:46:48,640
Speaker 11: Well, it's interesting that there are pressure reports even this

1008
00:46:48,680 --> 00:46:51,359
Speaker 11: morning from Bloomberg and elsewhere that even the White House

1009
00:46:51,400 --> 00:46:54,879
Speaker 11: hasn't finalized and decided on what exactly the tariff plan

1010
00:46:55,000 --> 00:46:56,960
Speaker 11: will be. So it could be there working at it

1011
00:46:57,000 --> 00:47:00,560
Speaker 11: this very moment. We might get something very vague plans

1012
00:47:00,560 --> 00:47:03,319
Speaker 11: for the future with nothing announced in specifics, but we

1013
00:47:03,360 --> 00:47:06,239
Speaker 11: could also have a specific plan. Basically, there are two

1014
00:47:06,880 --> 00:47:09,960
Speaker 11: that the White House is considering. One is universal tariffs,

1015
00:47:09,960 --> 00:47:12,000
Speaker 11: which would mean in across the board tariff of maybe

1016
00:47:12,080 --> 00:47:14,600
Speaker 11: twenty percent. That number has been bounced around a bit

1017
00:47:15,080 --> 00:47:18,200
Speaker 11: or something like that, or reciprocal tariffs, in which case

1018
00:47:18,239 --> 00:47:20,480
Speaker 11: it wouldn't be uniform across the board, it would be

1019
00:47:20,840 --> 00:47:24,920
Speaker 11: specified different levels to different countries. So we'll just have

1020
00:47:24,960 --> 00:47:26,799
Speaker 11: to wait and see what comes out.

1021
00:47:27,040 --> 00:47:28,600
Speaker 2: We've got a couple of reports, so I've heard a

1022
00:47:28,600 --> 00:47:30,720
Speaker 2: couple of leaks so far. There were three different tariffs

1023
00:47:30,719 --> 00:47:33,480
Speaker 2: they're going to announce at four o'clock this afternoon New

1024
00:47:33,560 --> 00:47:36,719
Speaker 2: York Times, something like ten, fifteen, and twenty. I've just

1025
00:47:36,840 --> 00:47:39,520
Speaker 2: also heard that the White House has filed twenty five

1026
00:47:39,560 --> 00:47:45,440
Speaker 2: percent on cars. So I don't know where this goes.

1027
00:47:45,440 --> 00:47:47,520
Speaker 2: What's the vibe in America in terms? I mean, I

1028
00:47:47,560 --> 00:47:49,439
Speaker 2: don't know if you realize this, Douglas, in nineteen eighty

1029
00:47:49,440 --> 00:47:52,200
Speaker 2: two eighty three, we became free traders, where the colony

1030
00:47:52,320 --> 00:47:55,480
Speaker 2: is of free trade in this country, right in the

1031
00:47:55,520 --> 00:47:59,160
Speaker 2: world built and so we just don't get this. This

1032
00:47:59,239 --> 00:48:03,800
Speaker 2: is insane economic insanity. How does it get explained to

1033
00:48:03,800 --> 00:48:04,600
Speaker 2: the American people?

1034
00:48:05,920 --> 00:48:07,960
Speaker 11: Well, I think they're going to feel it very soon

1035
00:48:08,000 --> 00:48:11,080
Speaker 11: in their pocketbook. You know, I talked about Liberation Days.

1036
00:48:11,239 --> 00:48:13,359
Speaker 11: Some other people are calling it watch your Wallet Day.

1037
00:48:14,080 --> 00:48:16,680
Speaker 11: With twenty five percent tariffs on cars, that's going to

1038
00:48:16,680 --> 00:48:19,040
Speaker 11: push up the price of new cars and used cars alike,

1039
00:48:19,280 --> 00:48:22,320
Speaker 11: let alone the steel and the parts involved as well.

1040
00:48:23,520 --> 00:48:26,000
Speaker 11: And if these if we have anything like what is

1041
00:48:26,040 --> 00:48:29,720
Speaker 11: being talked about universal tariffs are what have you. Everything

1042
00:48:30,120 --> 00:48:35,240
Speaker 11: from the price of avocados and fresh fruits to manufactured goods, clothing, shoes,

1043
00:48:35,760 --> 00:48:38,399
Speaker 11: everything's going to go up to some extent. And so

1044
00:48:38,480 --> 00:48:41,319
Speaker 11: it's not going to sort of reindustrialize America the way

1045
00:48:41,320 --> 00:48:43,919
Speaker 11: the president wants. It's just going to cost Americans a lot.

1046
00:48:44,360 --> 00:48:47,080
Speaker 11: I think what's sort of ironic about this situation is

1047
00:48:47,120 --> 00:48:49,880
Speaker 11: that the American people are not really demanding this. They

1048
00:48:49,880 --> 00:48:53,000
Speaker 11: didn't re elect Trump for this reason. Trade is very

1049
00:48:53,040 --> 00:48:56,840
Speaker 11: low on the priority list of any American American business

1050
00:48:56,920 --> 00:48:59,279
Speaker 11: was not asking for this. They weren't clamoring for high

1051
00:48:59,320 --> 00:49:03,160
Speaker 11: tariffs because they're be perceieved by foreign competition. This is

1052
00:49:03,239 --> 00:49:06,399
Speaker 11: really because Congress over the years has delegated a lot

1053
00:49:06,440 --> 00:49:09,080
Speaker 11: of trade making power to one person, the president. I'm

1054
00:49:09,080 --> 00:49:11,840
Speaker 11: the assumption that we'd have a reasonable president would reflect

1055
00:49:11,840 --> 00:49:14,640
Speaker 11: the national interest, and unfortunately we don't have a reasonable

1056
00:49:14,640 --> 00:49:18,080
Speaker 11: administration and one person can make these big changes.

1057
00:49:18,320 --> 00:49:20,279
Speaker 2: This is the fascinating thing for me. There's so many

1058
00:49:20,320 --> 00:49:24,560
Speaker 2: shifting goalposts fentanyl and illegals across the border. Even if

1059
00:49:24,600 --> 00:49:26,160
Speaker 2: you agree with it or don't agree with I get

1060
00:49:26,160 --> 00:49:27,520
Speaker 2: what he was trying to do. I get it, do

1061
00:49:27,600 --> 00:49:29,480
Speaker 2: something or else we going to slackly with terroists. That bit,

1062
00:49:29,520 --> 00:49:32,439
Speaker 2: I get an American product into Europe gets a twenty

1063
00:49:32,480 --> 00:49:35,319
Speaker 2: five percent tariff, right will match you. I get that part.

1064
00:49:35,440 --> 00:49:38,560
Speaker 2: But what I don't get is the belief that somehow

1065
00:49:38,600 --> 00:49:41,520
Speaker 2: the entire world is going to relocate to America to

1066
00:49:41,560 --> 00:49:44,200
Speaker 2: build all their factories, to build products at the cheapest

1067
00:49:44,200 --> 00:49:47,120
Speaker 2: price possible, that American consumers are going to lap up.

1068
00:49:47,160 --> 00:49:48,640
Speaker 2: Because it isn't going to happen.

1069
00:49:50,360 --> 00:49:52,200
Speaker 11: Well, the problem is that the administration has had a

1070
00:49:52,280 --> 00:49:55,480
Speaker 11: multitude of rationales for these tariffs. Sometimes it's to raise

1071
00:49:55,520 --> 00:49:58,840
Speaker 11: revenue so we can cut income taxes. Sometimes is to

1072
00:49:58,880 --> 00:50:01,960
Speaker 11: close the trade deficit, which the President really focuses on

1073
00:50:02,000 --> 00:50:04,880
Speaker 11: as his measure of unfair trade, despite the view that

1074
00:50:05,200 --> 00:50:13,880
Speaker 11: economists dissent from that. In general, reshoring jobs, national security, fentanyl,

1075
00:50:13,920 --> 00:50:17,080
Speaker 11: as you said, migration flows. So it's very hard for,

1076
00:50:17,160 --> 00:50:19,160
Speaker 11: first of all, other countries to respond when you don't

1077
00:50:19,200 --> 00:50:22,000
Speaker 11: know exactly what the rational for the tariffs is. It's

1078
00:50:22,040 --> 00:50:24,560
Speaker 11: also very hard for the American business community to understand,

1079
00:50:24,600 --> 00:50:27,759
Speaker 11: are these permanent tariffs are temporary tariffs because you don't

1080
00:50:27,760 --> 00:50:31,800
Speaker 11: make big investment decisions based on the whims of tariffs

1081
00:50:31,840 --> 00:50:33,560
Speaker 11: that could go up or down within a matter of

1082
00:50:33,560 --> 00:50:34,280
Speaker 11: weeks or months.

1083
00:50:34,600 --> 00:50:36,920
Speaker 2: No shortage of Pol's at the moment, suggesting America is

1084
00:50:36,920 --> 00:50:39,240
Speaker 2: going to slow, if not slowing already in a recession

1085
00:50:39,400 --> 00:50:40,080
Speaker 2: is possible.

1086
00:50:40,120 --> 00:50:44,399
Speaker 11: What's your view, Well, I think there's a risk of that,

1087
00:50:44,560 --> 00:50:46,600
Speaker 11: and it would be a self inflicted wound. The President

1088
00:50:46,719 --> 00:50:51,560
Speaker 11: inherited an economy and reasonable shape, four percent unemployment growth

1089
00:50:51,600 --> 00:50:55,719
Speaker 11: at a modest pace. But the tariff policies, which once

1090
00:50:55,760 --> 00:50:57,399
Speaker 11: again are coming a little bit out of the blue.

1091
00:50:57,400 --> 00:51:00,000
Speaker 11: He had always talked about them, but never front and center.

1092
00:51:00,600 --> 00:51:04,839
Speaker 11: The business community wanted an agenda of tax cuts and deregulation,

1093
00:51:05,320 --> 00:51:07,960
Speaker 11: and they're getting tariffs, and so they're holding off an investment.

1094
00:51:08,280 --> 00:51:11,200
Speaker 11: Consumer confidence has plummeted just in the past month or so,

1095
00:51:11,719 --> 00:51:14,759
Speaker 11: and so if you get consumers and businesses holding back expenditures,

1096
00:51:15,440 --> 00:51:19,600
Speaker 11: this could be an own goal, a recession that comes

1097
00:51:19,600 --> 00:51:20,320
Speaker 11: from the White House.

1098
00:51:21,160 --> 00:51:23,960
Speaker 2: Waki's time. Douglas, apreciate your expertise very much. Douglas Hrban

1099
00:51:23,960 --> 00:51:27,839
Speaker 2: who's the Dartmouth economics professor. Fun fact, you talk about

1100
00:51:28,200 --> 00:51:30,080
Speaker 2: the cars of the problem. So, of course there is

1101
00:51:30,120 --> 00:51:33,680
Speaker 2: no such thing as an American made car. It simply

1102
00:51:33,760 --> 00:51:36,960
Speaker 2: does not exist. Even though there are factories in America

1103
00:51:36,960 --> 00:51:39,399
Speaker 2: that make cars. Other bits and pieces come from other

1104
00:51:39,440 --> 00:51:42,120
Speaker 2: parts of the world, so they've worked out or somebody

1105
00:51:42,120 --> 00:51:44,200
Speaker 2: worked out the other days reading, Toyota is going to

1106
00:51:44,200 --> 00:51:46,680
Speaker 2: be the worst hit of all the manufacturers. Toyota do

1107
00:51:46,840 --> 00:51:48,839
Speaker 2: things slightly different from some of the others. Everyone's going

1108
00:51:48,880 --> 00:51:50,520
Speaker 2: to get hit, but Toyota's going to be the worst hit.

1109
00:51:51,239 --> 00:51:54,040
Speaker 2: A car part on average, apparently, here's a fun fact.

1110
00:51:54,239 --> 00:51:57,319
Speaker 2: A car part gets exported ten to twelve times on

1111
00:51:57,360 --> 00:51:59,879
Speaker 2: average each part because a part becomes a part, becomes apart,

1112
00:52:00,040 --> 00:52:02,680
Speaker 2: comes apart before it becomes the ultimate part in the car.

1113
00:52:02,760 --> 00:52:05,480
Speaker 2: So it's exported ten to twelve times. Seventeen to wait.

1114
00:52:07,920 --> 00:52:12,400
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered

1115
00:52:12,440 --> 00:52:13,400
Speaker 1: by News talks.

1116
00:52:13,200 --> 00:52:18,480
Speaker 2: At be fourteen away from a W. Kelly Echold occasionally

1117
00:52:18,520 --> 00:52:23,719
Speaker 2: on this program bank economist Westpac. He's suggesting next week,

1118
00:52:23,760 --> 00:52:25,479
Speaker 2: by the way, the Reserve banker coming back for another

1119
00:52:25,520 --> 00:52:28,280
Speaker 2: cut to the cash rate. He's suggesting that it shouldn't

1120
00:52:28,320 --> 00:52:31,359
Speaker 2: go ahead. So we're all expecting twenty five next time

1121
00:52:31,480 --> 00:52:33,520
Speaker 2: to three point five, and then one more twenty five

1122
00:52:33,600 --> 00:52:35,359
Speaker 2: to take it to three two five. We think that's

1123
00:52:35,360 --> 00:52:39,280
Speaker 2: what they call neutral. That will be about that. Eckhold

1124
00:52:39,400 --> 00:52:42,640
Speaker 2: is arguing that recent numbers showed an improving economy. That's true,

1125
00:52:42,960 --> 00:52:45,960
Speaker 2: also clear inflation pressures. Given the mandate is solely focused

1126
00:52:46,000 --> 00:52:47,800
Speaker 2: on inflation, it's hard to make the case for cutting

1127
00:52:47,840 --> 00:52:51,000
Speaker 2: rates at every meeting. From here, it's less clear further

1128
00:52:51,040 --> 00:52:54,880
Speaker 2: cuts would be required. From here. Everyone else apart from Kelly,

1129
00:52:55,239 --> 00:52:57,160
Speaker 2: including Sharon's Onna, who we have a bit of time for,

1130
00:52:57,320 --> 00:52:59,319
Speaker 2: also also appears on this program. In the housing market,

1131
00:52:59,360 --> 00:53:01,400
Speaker 2: she says, this is state of the economy at the moment.

1132
00:53:01,520 --> 00:53:05,560
Speaker 2: Housing market's going nowhere fast, probably not unreasonable consumer confidences

1133
00:53:05,560 --> 00:53:09,319
Speaker 2: in the doldrums. Yes, labor market recovery is fairly sluggish. Yes,

1134
00:53:09,680 --> 00:53:12,879
Speaker 2: lived in retail spending is gradual. Yes, So she's right.

1135
00:53:14,200 --> 00:53:17,359
Speaker 2: So I think Kelly's wrong. But Kelly knows what he's

1136
00:53:17,400 --> 00:53:19,840
Speaker 2: talking about. So what's going on there? And then of

1137
00:53:19,880 --> 00:53:25,600
Speaker 2: course where's Adrian and where's the new governor? And do

1138
00:53:25,600 --> 00:53:27,680
Speaker 2: you want to hear from Adrian. Does Adrian still owe

1139
00:53:27,760 --> 00:53:30,560
Speaker 2: us an explanation? Mike, why do we and the rest

1140
00:53:30,560 --> 00:53:35,680
Speaker 2: of the world even bother with the US? Okay, there

1141
00:53:35,719 --> 00:53:38,080
Speaker 2: are other countries in the world. Correct, we should just

1142
00:53:38,160 --> 00:53:40,719
Speaker 2: leave the US to simmer down and trade with each other.

1143
00:53:41,320 --> 00:53:43,160
Speaker 2: Over seven and a half billion people in one hundred

1144
00:53:43,239 --> 00:53:45,759
Speaker 2: ninety four countries, why that's simple. Matt's unfortunately completely and

1145
00:53:45,840 --> 00:53:48,200
Speaker 2: utterly wrong. Most of the one hundred and ninety four

1146
00:53:48,239 --> 00:53:50,759
Speaker 2: countries we don't want to trade with because they've got

1147
00:53:50,760 --> 00:53:52,960
Speaker 2: no money. The ones we want to trade with are

1148
00:53:52,960 --> 00:53:55,239
Speaker 2: the ones with the money. What's the most powerful and

1149
00:53:55,320 --> 00:53:58,560
Speaker 2: lucrative economy in the world. The answer is America. Do

1150
00:53:58,600 --> 00:54:00,279
Speaker 2: you know how much more powerful and luke of the

1151
00:54:00,320 --> 00:54:03,320
Speaker 2: American economy as compared to the Chinese economy? Eighteen times?

1152
00:54:04,080 --> 00:54:06,040
Speaker 2: That's how wealthy America is. They got three hundred and

1153
00:54:06,040 --> 00:54:08,839
Speaker 2: thirty odd million people, most of whom earn vastly more

1154
00:54:08,880 --> 00:54:11,880
Speaker 2: than we will ever earn on a yearly basis. So

1155
00:54:11,920 --> 00:54:14,000
Speaker 2: they're wealthy, so we want to sell them stuff. So

1156
00:54:14,040 --> 00:54:16,759
Speaker 2: where we're going to get hit today is on I

1157
00:54:16,800 --> 00:54:19,400
Speaker 2: was just saying to somebody during the news, the fortunate

1158
00:54:19,440 --> 00:54:22,520
Speaker 2: thing about this country being a third world nation is

1159
00:54:22,560 --> 00:54:25,120
Speaker 2: that we make next to nothing. So therefore there's not

1160
00:54:25,120 --> 00:54:27,000
Speaker 2: a lot of steel, there's not a lot of aluminium.

1161
00:54:27,080 --> 00:54:29,319
Speaker 2: We don't make cars, we don't make rockets, we don't

1162
00:54:29,320 --> 00:54:32,680
Speaker 2: make satellites. We're not really into tech. What we do

1163
00:54:32,719 --> 00:54:35,359
Speaker 2: is grow some stuff in a paddock, and it could

1164
00:54:35,360 --> 00:54:37,279
Speaker 2: be grapes or it could be sheep and beef. So

1165
00:54:37,280 --> 00:54:40,680
Speaker 2: we sell the tremendous amount of beef to the Americans.

1166
00:54:41,040 --> 00:54:43,440
Speaker 2: And the reason they import so much beef is twofold.

1167
00:54:43,560 --> 00:54:45,680
Speaker 2: One they don't make enough of their own, and two

1168
00:54:45,800 --> 00:54:49,160
Speaker 2: our quality is exceedingly good. The Australians have the same story,

1169
00:54:49,200 --> 00:54:50,960
Speaker 2: so we're going to get hit on beef. My argument's

1170
00:54:50,960 --> 00:54:53,200
Speaker 2: always been around tariff's and I think I might be

1171
00:54:53,239 --> 00:54:56,160
Speaker 2: a wee bit naive on this. My argument has always

1172
00:54:56,160 --> 00:54:58,239
Speaker 2: been at the top end of the market. There are

1173
00:54:58,239 --> 00:54:59,840
Speaker 2: people at the Upper East Side of New York that

1174
00:54:59,840 --> 00:55:02,320
Speaker 2: will pay literally anything for a piece of New Zealand steak,

1175
00:55:02,680 --> 00:55:04,520
Speaker 2: and so therefore you can tarif it. It won't be

1176
00:55:04,560 --> 00:55:07,520
Speaker 2: a major same with wine. If you sell the writing

1177
00:55:07,560 --> 00:55:10,839
Speaker 2: to the wine market, the person in New York on

1178
00:55:10,880 --> 00:55:15,400
Speaker 2: Madison Avenue, whether they pay fourteen dollars US or seventeen

1179
00:55:15,440 --> 00:55:17,719
Speaker 2: dollars sixty doesn't make a lot of difference to them.

1180
00:55:17,760 --> 00:55:20,839
Speaker 2: I think we may get away with that stuff. Other countries, though,

1181
00:55:20,880 --> 00:55:22,839
Speaker 2: are going to be far worse off than we are.

1182
00:55:23,200 --> 00:55:26,239
Speaker 2: But we shall see how it unfolds a little more

1183
00:55:26,239 --> 00:55:28,600
Speaker 2: on the housing for you in a moment, tend to wait.

1184
00:55:28,960 --> 00:55:32,560
Speaker 1: For the Mike Hosking Breakfast with Bailey's Real Estate News

1185
00:55:32,600 --> 00:55:33,160
Speaker 1: dogs dB.

1186
00:55:33,280 --> 00:55:35,319
Speaker 2: Well, it's seven away from eight Housing News and how

1187
00:55:35,320 --> 00:55:36,759
Speaker 2: you can do it for a decent price. So we've

1188
00:55:36,760 --> 00:55:40,200
Speaker 2: got a three bedroom house built in six weeks for

1189
00:55:40,239 --> 00:55:42,680
Speaker 2: three hundred and thirty three thousand dollars. That is two

1190
00:55:42,719 --> 00:55:44,640
Speaker 2: hundred and fifty thousand dollars less than the average government

1191
00:55:44,640 --> 00:55:47,000
Speaker 2: constructed kying or a house. It's been done by architect

1192
00:55:47,080 --> 00:55:49,479
Speaker 2: Rich Nash and his team. It's called a living house

1193
00:55:49,520 --> 00:55:51,480
Speaker 2: and Rich nachh is well, it's Rich, very good morning

1194
00:55:51,480 --> 00:55:51,799
Speaker 2: to you.

1195
00:55:52,920 --> 00:55:54,480
Speaker 20: Yeah, morning, Mike, thanks for having me.

1196
00:55:54,640 --> 00:55:56,200
Speaker 2: Not at all what size is the house?

1197
00:55:57,600 --> 00:55:59,319
Speaker 20: It's eighty five square meters.

1198
00:56:00,120 --> 00:56:01,799
Speaker 2: She's a wee one. So what's that come out at

1199
00:56:01,840 --> 00:56:02,439
Speaker 2: cost per meter?

1200
00:56:03,760 --> 00:56:07,120
Speaker 20: Well, it's about four thousand a square meter. But it's

1201
00:56:07,200 --> 00:56:09,399
Speaker 20: sort of more about the amenity that you get rather

1202
00:56:09,440 --> 00:56:10,800
Speaker 20: than the size.

1203
00:56:10,480 --> 00:56:13,920
Speaker 2: Right, And so is it a good looking house and

1204
00:56:14,120 --> 00:56:16,520
Speaker 2: one you're proud of and one I would buy and

1205
00:56:16,560 --> 00:56:17,400
Speaker 2: be happy to live in?

1206
00:56:18,560 --> 00:56:18,839
Speaker 11: I have?

1207
00:56:19,040 --> 00:56:21,280
Speaker 20: Yeah, I think so it is a good looking, cute

1208
00:56:21,400 --> 00:56:25,960
Speaker 20: little house. It's well proportioned, got great volume, ventilation, light

1209
00:56:26,040 --> 00:56:27,719
Speaker 20: and all that sort of stuff. I think you'd love one.

1210
00:56:27,760 --> 00:56:27,960
Speaker 4: Mite.

1211
00:56:28,239 --> 00:56:30,960
Speaker 2: What's what have you done it for? What's its purpose?

1212
00:56:30,960 --> 00:56:32,520
Speaker 2: Simply to prove that you can build a house for

1213
00:56:32,560 --> 00:56:33,400
Speaker 2: a reasonable price?

1214
00:56:34,400 --> 00:56:37,560
Speaker 20: Well, not really. I think I've just been frustrated sort

1215
00:56:37,560 --> 00:56:41,120
Speaker 20: of looking at successive governments trying to make affordable housing

1216
00:56:41,280 --> 00:56:43,319
Speaker 20: and doing it at twice what we've been able to

1217
00:56:43,360 --> 00:56:45,800
Speaker 20: do it, and we just sort of put our thinking

1218
00:56:45,840 --> 00:56:47,520
Speaker 20: cats on and thought there's got to be a better

1219
00:56:47,560 --> 00:56:48,120
Speaker 20: way to do.

1220
00:56:48,040 --> 00:56:50,719
Speaker 2: This, And there is clearly, and you've just proven it.

1221
00:56:50,800 --> 00:56:52,080
Speaker 3: Yeah. Yeah.

1222
00:56:52,360 --> 00:56:55,040
Speaker 2: Is it scalable or are they all won offs in

1223
00:56:55,080 --> 00:56:55,600
Speaker 2: that sense?

1224
00:56:56,400 --> 00:57:00,160
Speaker 20: No, it's absolutely scalable. We've optimized it down to something

1225
00:57:00,239 --> 00:57:04,560
Speaker 20: that is the simplest and cheapest thing to build so

1226
00:57:04,640 --> 00:57:08,400
Speaker 20: that it can be repeated. There's no alterations. It's designed

1227
00:57:08,400 --> 00:57:12,839
Speaker 20: to be repeated and built by individuals or organizations.

1228
00:57:12,280 --> 00:57:14,879
Speaker 2: Right without wanting to go too far down the track.

1229
00:57:14,920 --> 00:57:17,160
Speaker 2: Of defending claying or I do know that some of

1230
00:57:17,160 --> 00:57:19,280
Speaker 2: their costs come into the fact that some of the

1231
00:57:19,280 --> 00:57:21,800
Speaker 2: people that they put into those houses require a fairly

1232
00:57:21,920 --> 00:57:26,720
Speaker 2: robust experience inside. Would your stand up to a bit

1233
00:57:26,760 --> 00:57:27,200
Speaker 2: of you know.

1234
00:57:28,400 --> 00:57:31,880
Speaker 20: A bit of bi Yeah, well, I mean, look absolutely,

1235
00:57:31,920 --> 00:57:35,240
Speaker 20: they're made of it's like a piece of flat pack furniture.

1236
00:57:35,320 --> 00:57:38,400
Speaker 20: Instead of the bits of plywood, it's made of colt,

1237
00:57:38,560 --> 00:57:42,200
Speaker 20: which is cross laminated timber, so it's too up to

1238
00:57:42,400 --> 00:57:44,080
Speaker 20: sort of one hundred and twenty one hundred and sixty

1239
00:57:44,080 --> 00:57:48,200
Speaker 20: milimeters six solid pine with that's the finish on the walls.

1240
00:57:48,240 --> 00:57:51,360
Speaker 20: So there's no war pave, there's no paint, so they're

1241
00:57:51,400 --> 00:57:52,200
Speaker 20: really robust.

1242
00:57:52,640 --> 00:57:55,480
Speaker 2: Okay, do you want to take this somewhere? Is there

1243
00:57:55,520 --> 00:57:57,880
Speaker 2: somewhere you're going or was this just an exercise for

1244
00:57:57,960 --> 00:58:00,440
Speaker 2: you as an architect.

1245
00:58:00,600 --> 00:58:00,640
Speaker 10: Not.

1246
00:58:00,720 --> 00:58:03,480
Speaker 20: We've started a company called the Living House and we

1247
00:58:04,280 --> 00:58:07,680
Speaker 20: go we're launching to the market in a little over a.

1248
00:58:07,640 --> 00:58:08,800
Speaker 15: Month or six weeks time.

1249
00:58:09,400 --> 00:58:09,920
Speaker 3: We're built.

1250
00:58:10,160 --> 00:58:13,000
Speaker 20: Yeah, we've built a prototype and Rotoro so it's we've

1251
00:58:13,040 --> 00:58:14,320
Speaker 20: proven that it can be done.

1252
00:58:14,360 --> 00:58:16,320
Speaker 2: And I should point out this is x Land, so

1253
00:58:16,400 --> 00:58:20,200
Speaker 2: it's three thirty three grand plus land, right, Yeah, that's right.

1254
00:58:20,280 --> 00:58:21,080
Speaker 3: Absolutely, yeah.

1255
00:58:21,080 --> 00:58:23,640
Speaker 2: So what in your summation is the major issue with

1256
00:58:23,680 --> 00:58:26,640
Speaker 2: the cost of housing in this country? Is it labor?

1257
00:58:26,800 --> 00:58:30,560
Speaker 2: Is it product? Is it design? Is it paperwork?

1258
00:58:30,600 --> 00:58:31,080
Speaker 4: What is it?

1259
00:58:32,480 --> 00:58:32,760
Speaker 5: Well?

1260
00:58:32,840 --> 00:58:36,040
Speaker 20: I think it's the labor is probably the number one issue.

1261
00:58:36,280 --> 00:58:38,640
Speaker 20: A typical New Zealand house and the way we're building

1262
00:58:38,640 --> 00:58:40,280
Speaker 20: them out of stick timber, the way we have for

1263
00:58:40,320 --> 00:58:44,360
Speaker 20: the last you know, two hundred years, it's forty percent

1264
00:58:44,520 --> 00:58:47,040
Speaker 20: labor in any house, and in the living house we've

1265
00:58:47,080 --> 00:58:49,800
Speaker 20: stripped that down to ten percent. So taking the labor

1266
00:58:49,840 --> 00:58:53,000
Speaker 20: cost out is really one of the big areas of attack.

1267
00:58:53,720 --> 00:58:56,080
Speaker 2: Interesting, all right, go well with that. Richer wishes the

1268
00:58:56,080 --> 00:58:59,280
Speaker 2: beast with a rich nache living house architecture, texting me,

1269
00:58:59,360 --> 00:59:01,960
Speaker 2: so four thousand dollars is affordable housing?

1270
00:59:02,280 --> 00:59:02,640
Speaker 4: Holy?

1271
00:59:03,080 --> 00:59:05,800
Speaker 2: What are you expecting to pay? What is it you're

1272
00:59:05,800 --> 00:59:09,120
Speaker 2: expecting part I can show you apartments in Auckland, and

1273
00:59:09,280 --> 00:59:11,360
Speaker 2: yes they're very high end. But I can show you

1274
00:59:11,360 --> 00:59:14,040
Speaker 2: apartments in Auckland for forty thousand dollars a square meter.

1275
00:59:14,520 --> 00:59:16,640
Speaker 2: I can show you what I would regard as pretty

1276
00:59:16,640 --> 00:59:18,680
Speaker 2: average house, regular house you'd look at and go yep.

1277
00:59:18,760 --> 00:59:20,560
Speaker 2: I could I could look at ten thousand dollars a

1278
00:59:20,600 --> 00:59:23,120
Speaker 2: square meter. I don't know what you can build for

1279
00:59:23,240 --> 00:59:25,479
Speaker 2: less than four thousand dollars a square meter. I built

1280
00:59:25,480 --> 00:59:30,360
Speaker 2: a barn relatively recently, which it's a nice barn, but

1281
00:59:30,480 --> 00:59:32,840
Speaker 2: it's certainly not one you'd live in. But I built

1282
00:59:32,880 --> 00:59:35,320
Speaker 2: that barn for in excess of four thousand dollars a

1283
00:59:35,360 --> 00:59:37,919
Speaker 2: square meter. And there's nothing about it. The gay Yeah,

1284
00:59:37,960 --> 00:59:40,000
Speaker 2: but yeah, a ritch prakkic and it's nothing about that.

1285
00:59:40,120 --> 00:59:41,560
Speaker 21: It just hasn't got a batler's pantry.

1286
00:59:41,680 --> 00:59:43,440
Speaker 2: It hasn't got a batless pens. It hasn't got a pantry.

1287
00:59:44,400 --> 00:59:46,680
Speaker 2: Let's talk golf in a couple of moments. Steve Williams

1288
00:59:46,720 --> 00:59:48,880
Speaker 2: as whether it's after the news, which is next? You're

1289
00:59:48,880 --> 00:59:49,880
Speaker 2: a news talk seed.

1290
00:59:49,720 --> 00:59:50,040
Speaker 9: Best.

1291
00:59:52,400 --> 00:59:57,160
Speaker 1: The news and the newsmakers, the Mic Hosking Breakfast with

1292
00:59:57,440 --> 01:00:01,480
Speaker 1: Bailey's real Estate, your local experts, a residential commercial and

1293
01:00:01,720 --> 01:00:02,960
Speaker 1: rural news togs'd been.

1294
01:00:04,120 --> 01:00:06,720
Speaker 2: It has been fourteen years since Steve Williams last caddied

1295
01:00:06,760 --> 01:00:09,360
Speaker 2: for somebody called Tiger Woods. But to current side with

1296
01:00:09,400 --> 01:00:12,760
Speaker 2: the Masters and the twentieth anniversary of Woods now infamous

1297
01:00:12,840 --> 01:00:15,600
Speaker 2: chip that famous day the sixteenth fed AUGUSTA, two thousand

1298
01:00:15,600 --> 01:00:17,720
Speaker 2: and five, anyway, Williams has produced a book looking back

1299
01:00:17,760 --> 01:00:20,520
Speaker 2: and giving us insight into the greatest player ever in

1300
01:00:20,600 --> 01:00:24,240
Speaker 2: one of sports great collaborations together, We Roared is by

1301
01:00:24,280 --> 01:00:26,480
Speaker 2: Evan Priest and Steve Williams and Steve Williams is will

1302
01:00:26,520 --> 01:00:28,240
Speaker 2: us very good morning, Hey, Mike Aida, this.

1303
01:00:28,280 --> 01:00:29,120
Speaker 3: One good good good.

1304
01:00:29,320 --> 01:00:31,560
Speaker 2: Was this an easy sell for you to do to,

1305
01:00:31,920 --> 01:00:33,400
Speaker 2: you know, tell the story?

1306
01:00:33,840 --> 01:00:36,960
Speaker 22: Yeah, Evan and I did a podcast series over covid,

1307
01:00:37,120 --> 01:00:39,800
Speaker 22: and we got so much interest over the podcast series

1308
01:00:39,840 --> 01:00:43,800
Speaker 22: that we decided that, due to the interest from publishers,

1309
01:00:43,840 --> 01:00:46,960
Speaker 22: that we'd put a book together. So and we got

1310
01:00:47,000 --> 01:00:49,680
Speaker 22: we were granted an extra few months that you'd normally

1311
01:00:49,920 --> 01:00:51,720
Speaker 22: not get when you write a book, so we were

1312
01:00:51,960 --> 01:00:53,720
Speaker 22: able to really put some thought into it.

1313
01:00:53,800 --> 01:00:54,680
Speaker 3: So really pleased with it.

1314
01:00:55,000 --> 01:00:56,360
Speaker 2: And was it cathartic for you?

1315
01:00:56,920 --> 01:00:56,960
Speaker 11: No?

1316
01:00:57,160 --> 01:01:00,680
Speaker 22: I found it like a memory, a great way to

1317
01:01:00,800 --> 01:01:04,800
Speaker 22: rewind and sort of relive the journey of the time

1318
01:01:04,840 --> 01:01:06,000
Speaker 22: that I spent catting for Tiger.

1319
01:01:06,960 --> 01:01:07,720
Speaker 3: That was really good.

1320
01:01:08,400 --> 01:01:09,600
Speaker 2: What do you do these days?

1321
01:01:11,280 --> 01:01:12,440
Speaker 3: What do I do these days?

1322
01:01:13,680 --> 01:01:16,080
Speaker 22: You know what you think when you're retired, you think, wow,

1323
01:01:16,200 --> 01:01:19,600
Speaker 22: but you know you keep yourself busy. I've had my

1324
01:01:19,680 --> 01:01:22,720
Speaker 22: own foundation, which I've actually closed up at this completion

1325
01:01:22,800 --> 01:01:24,800
Speaker 22: of the last year, so that's been keeping me busy.

1326
01:01:26,120 --> 01:01:27,720
Speaker 22: I live on a bit of a lifestyle block, and

1327
01:01:27,880 --> 01:01:29,880
Speaker 22: you know, I do a lot of golf days and

1328
01:01:29,960 --> 01:01:32,480
Speaker 22: outings and that, and travel overseas, and you know, you

1329
01:01:32,640 --> 01:01:38,280
Speaker 22: keep yourself busy. Still a speedway, but you're content, content, Yeah, yeah, No,

1330
01:01:38,320 --> 01:01:40,440
Speaker 22: I don't miss the canting and all the traveling that

1331
01:01:40,520 --> 01:01:41,080
Speaker 22: went along with that.

1332
01:01:41,840 --> 01:01:45,400
Speaker 2: When you were in the moment, if you like, when

1333
01:01:45,440 --> 01:01:48,160
Speaker 2: it was all you and Tiger, were you cognizant of

1334
01:01:48,240 --> 01:01:51,080
Speaker 2: what was unfolding around you or was it just it

1335
01:01:51,240 --> 01:01:52,400
Speaker 2: was another day at the office.

1336
01:01:53,040 --> 01:01:58,000
Speaker 22: No, Because every Tiger, after every tournament, whether you know,

1337
01:01:58,080 --> 01:01:59,960
Speaker 22: whether he won or lost, it was always onto the

1338
01:02:00,160 --> 01:02:03,840
Speaker 22: next one. And that pursuit of trying to chase down

1339
01:02:04,120 --> 01:02:08,040
Speaker 22: Jack's record of eighteen major championships sort of became an

1340
01:02:08,080 --> 01:02:11,760
Speaker 22: obsession and always looking forward to the next tournament, the

1341
01:02:11,880 --> 01:02:14,640
Speaker 22: next major, what course is it at. So the book

1342
01:02:14,760 --> 01:02:17,240
Speaker 22: actually has been a real good thing for me to

1343
01:02:17,320 --> 01:02:19,640
Speaker 22: be able to actually sit down and take a look

1344
01:02:19,640 --> 01:02:21,760
Speaker 22: at what he actually achieved, because during the time that

1345
01:02:21,840 --> 01:02:24,160
Speaker 22: he was doing it, there was no you know, there

1346
01:02:24,240 --> 01:02:27,480
Speaker 22: was very little celebrating it. Was just this relentless goal

1347
01:02:27,600 --> 01:02:29,920
Speaker 22: of trying to reach you know, Jack had eighteen majors.

1348
01:02:30,000 --> 01:02:33,520
Speaker 22: He wanted to get to nineteen or twenty and that

1349
01:02:33,680 --> 01:02:37,080
Speaker 22: became such a obsession and sort of Yeah, it was

1350
01:02:37,120 --> 01:02:39,360
Speaker 22: a really clear goal to work towards it, and there

1351
01:02:39,440 --> 01:02:41,440
Speaker 22: wasn't a lot of time to reflect on what he

1352
01:02:41,600 --> 01:02:44,240
Speaker 22: was achieving along the way, not just in the major championships,

1353
01:02:44,240 --> 01:02:45,640
Speaker 22: but all the other toments that he was playing.

1354
01:02:45,680 --> 01:02:48,520
Speaker 2: And what do you with the benefit of hindsight, what

1355
01:02:48,640 --> 01:02:51,560
Speaker 2: do you will wait do you place on what role

1356
01:02:51,720 --> 01:02:53,360
Speaker 2: you played in his success?

1357
01:02:54,040 --> 01:02:57,160
Speaker 3: Look, you can't. It's one of those jobs. It's like

1358
01:02:57,280 --> 01:02:59,320
Speaker 3: being a co drive and a ralegate, you know, like

1359
01:02:59,440 --> 01:03:01,800
Speaker 3: the guy swinging the clubs and that. But you know

1360
01:03:01,920 --> 01:03:04,360
Speaker 3: you've got to be you've got to be very in

1361
01:03:05,120 --> 01:03:05,960
Speaker 3: you know, working.

1362
01:03:05,800 --> 01:03:07,720
Speaker 22: In harmony with a guy in that and understand a

1363
01:03:07,800 --> 01:03:11,120
Speaker 22: guy in that, and you know, like a pro golfer

1364
01:03:11,240 --> 01:03:13,240
Speaker 22: knows if he has a caddy that they don't have

1365
01:03:13,360 --> 01:03:15,400
Speaker 22: that harmony with and they don't have any success where

1366
01:03:15,400 --> 01:03:16,840
Speaker 22: they go on to get another caddy in that. So

1367
01:03:16,880 --> 01:03:18,560
Speaker 22: when you spend any length of time with guy and

1368
01:03:18,640 --> 01:03:20,800
Speaker 22: you have success, you know, you know you're adding some

1369
01:03:20,960 --> 01:03:21,440
Speaker 22: value to it.

1370
01:03:21,600 --> 01:03:23,720
Speaker 2: But how does that work? In that sense? If you

1371
01:03:23,960 --> 01:03:27,400
Speaker 2: know you can be replaced, do you You can't then

1372
01:03:27,480 --> 01:03:28,120
Speaker 2: be a suck up?

1373
01:03:28,560 --> 01:03:28,840
Speaker 11: Can you?

1374
01:03:29,240 --> 01:03:29,280
Speaker 5: No?

1375
01:03:29,640 --> 01:03:29,680
Speaker 11: No?

1376
01:03:29,920 --> 01:03:30,680
Speaker 3: One hundred percent.

1377
01:03:30,760 --> 01:03:33,280
Speaker 22: And look, what makes a good caddy is somebody when

1378
01:03:33,360 --> 01:03:35,720
Speaker 22: something when it's really on the line, the torments on

1379
01:03:35,800 --> 01:03:37,280
Speaker 22: the line and that and the guy says to you,

1380
01:03:37,400 --> 01:03:38,920
Speaker 22: what do you think? And you've got to be very

1381
01:03:39,000 --> 01:03:41,680
Speaker 22: decisive and give a very positive answer so that gives

1382
01:03:41,760 --> 01:03:44,160
Speaker 22: him positivity to hit a very good shot or part

1383
01:03:44,200 --> 01:03:46,439
Speaker 22: whatever it might be, and not be scared to be wrong.

1384
01:03:46,680 --> 01:03:49,120
Speaker 22: And that's something I've sort of prided myself and that,

1385
01:03:49,280 --> 01:03:53,000
Speaker 22: you know, I'm not scared to change or overall what

1386
01:03:53,080 --> 01:03:56,000
Speaker 22: a guy says, or find a way to influence what

1387
01:03:56,160 --> 01:03:58,360
Speaker 22: I think is right as opposed to what he thinks

1388
01:03:58,400 --> 01:04:01,040
Speaker 22: it's right, and make that decision be the right decision,

1389
01:04:01,120 --> 01:04:04,280
Speaker 22: and ultimately that can lead to you know, the difference

1390
01:04:04,280 --> 01:04:05,440
Speaker 22: between winning a tourment not winning it.

1391
01:04:05,600 --> 01:04:07,960
Speaker 2: And what are you basing those decisions on? You're basing

1392
01:04:08,040 --> 01:04:10,240
Speaker 2: them on maths, you know he hits the seven x

1393
01:04:10,360 --> 01:04:12,480
Speaker 2: number of yards, or you're basing it on his mood

1394
01:04:12,720 --> 01:04:14,360
Speaker 2: or the day, or the vibe or.

1395
01:04:14,400 --> 01:04:17,959
Speaker 3: Feel feel absolutely just complete feel.

1396
01:04:18,160 --> 01:04:22,000
Speaker 22: I took so many notes when I was working for

1397
01:04:22,040 --> 01:04:24,040
Speaker 22: all these different players that I've caddy for, and I'd

1398
01:04:24,120 --> 01:04:26,880
Speaker 22: base those notes on exactly what you just said under this,

1399
01:04:27,200 --> 01:04:30,000
Speaker 22: under these circumstances, the mood that he's in today, the

1400
01:04:30,120 --> 01:04:32,680
Speaker 22: way that he's planned, how did he react, what did

1401
01:04:32,720 --> 01:04:34,800
Speaker 22: he do when he was in a good mood, bad mood,

1402
01:04:34,840 --> 01:04:37,160
Speaker 22: and all that. I wrote so many notes. So basically,

1403
01:04:37,680 --> 01:04:41,360
Speaker 22: after you know, probably eighteen to eighteen months to two years,

1404
01:04:41,960 --> 01:04:44,440
Speaker 22: I could assess at the start of the day and

1405
01:04:44,560 --> 01:04:46,200
Speaker 22: know what was going to happen just based on his

1406
01:04:46,320 --> 01:04:48,840
Speaker 22: mood and that. So I wrote an enormous amount of notes.

1407
01:04:48,920 --> 01:04:51,440
Speaker 22: And when Evan, the guy that I co wrote the

1408
01:04:51,480 --> 01:04:53,040
Speaker 22: book Worth, came to my house and that until I

1409
01:04:53,160 --> 01:04:56,280
Speaker 22: was looking over these notes, that's sort of dumbfounded. It's

1410
01:04:56,360 --> 01:04:58,400
Speaker 22: just amazed that, like, you know that you would keep

1411
01:04:58,480 --> 01:05:02,320
Speaker 22: such lengthy notes. But basically, as a caddy, if you

1412
01:05:02,400 --> 01:05:05,440
Speaker 22: can picture yourself standing in that guy's shoes, so what

1413
01:05:05,640 --> 01:05:07,640
Speaker 22: is he looking at today, how is he feeling today,

1414
01:05:07,720 --> 01:05:10,200
Speaker 22: what is his mood today and that and just translate

1415
01:05:10,280 --> 01:05:11,560
Speaker 22: your reactions to what.

1416
01:05:12,080 --> 01:05:15,400
Speaker 2: That's But that's your skill, though, because to do that

1417
01:05:15,520 --> 01:05:17,400
Speaker 2: with Malta. I mean, that's not just Tiger. You did

1418
01:05:17,440 --> 01:05:18,920
Speaker 2: this with a whole bunch of different people. To do

1419
01:05:19,000 --> 01:05:20,480
Speaker 2: that with a bunch of it, that's a skill, that's

1420
01:05:20,520 --> 01:05:20,920
Speaker 2: the talent.

1421
01:05:21,200 --> 01:05:21,400
Speaker 8: Yeah.

1422
01:05:21,520 --> 01:05:23,200
Speaker 3: Look, it's something that's probably unique.

1423
01:05:23,200 --> 01:05:25,960
Speaker 22: And to the best of my eyes, I was probably

1424
01:05:25,960 --> 01:05:28,400
Speaker 22: the only one that's compiled such an extensive a lot

1425
01:05:28,480 --> 01:05:32,960
Speaker 22: of notes on people. But you know, behavior patterns, you know,

1426
01:05:33,120 --> 01:05:39,880
Speaker 22: and all strides of life are very continuous, and I

1427
01:05:40,080 --> 01:05:42,320
Speaker 22: was able to, like I said, you know, I would

1428
01:05:42,440 --> 01:05:44,280
Speaker 22: know based on the fact that what mood Tiger was,

1429
01:05:44,320 --> 01:05:47,400
Speaker 22: and how he is walking, and what his eye contact

1430
01:05:47,480 --> 01:05:49,240
Speaker 22: with me was, what sort of day you were going

1431
01:05:49,320 --> 01:05:49,480
Speaker 22: to have.

1432
01:05:49,720 --> 01:05:52,600
Speaker 2: Unreal Together we roared as the book even Priest and

1433
01:05:52,640 --> 01:05:56,400
Speaker 2: Steve Williams Moore from Stephen just a moment thirteen past eight, the.

1434
01:05:56,560 --> 01:06:01,640
Speaker 1: Mike Asking Breakfast Full Show podcast on radio played News Talks.

1435
01:06:01,720 --> 01:06:04,600
Speaker 2: It be news Talks will be sixteen past eight. Guest

1436
01:06:04,680 --> 01:06:06,840
Speaker 2: is Steve Williams, Now, listen, how annoying did it become

1437
01:06:06,880 --> 01:06:09,400
Speaker 2: for you that I'm assuming that every man and his

1438
01:06:09,480 --> 01:06:11,480
Speaker 2: dog wanted to know what Tiger was like?

1439
01:06:14,440 --> 01:06:18,560
Speaker 22: Oh, look, I mean you just after you know, six

1440
01:06:18,680 --> 01:06:20,760
Speaker 22: months into the job. It's like, you know, you just

1441
01:06:20,880 --> 01:06:22,560
Speaker 22: realize that, hey, this is going to be part of it.

1442
01:06:22,680 --> 01:06:24,960
Speaker 22: And you know, the Tiger Mania thing got really rolling.

1443
01:06:25,360 --> 01:06:27,400
Speaker 22: You know, it became a bit of a circus between

1444
01:06:27,560 --> 01:06:29,640
Speaker 22: you know, two thousand and two thousand and five when

1445
01:06:29,640 --> 01:06:31,600
Speaker 22: he was at the height of his playing and you know,

1446
01:06:32,160 --> 01:06:34,800
Speaker 22: he's a once in a lifetime athlete and obviously the

1447
01:06:34,840 --> 01:06:37,280
Speaker 22: best player to ever played golf and that and a

1448
01:06:37,440 --> 01:06:40,720
Speaker 22: very special, very special individual and that. So you know,

1449
01:06:41,280 --> 01:06:44,160
Speaker 22: it was all part and parcel of it. And yeah,

1450
01:06:44,200 --> 01:06:45,880
Speaker 22: after you get accustomed to it and everything, it just

1451
01:06:46,000 --> 01:06:47,360
Speaker 22: was part of the daily.

1452
01:06:47,640 --> 01:06:49,560
Speaker 2: The answer to the next question is a bit of everything,

1453
01:06:49,600 --> 01:06:53,440
Speaker 2: I'm assuming, but the mental versus the physical, because physically

1454
01:06:53,640 --> 01:06:55,680
Speaker 2: you couldn't beat him. He was a guy who transformed

1455
01:06:55,680 --> 01:06:58,480
Speaker 2: the game in terms of his discipline physically, and yet

1456
01:06:58,600 --> 01:07:01,360
Speaker 2: you need to be exceptional mentally to do it all,

1457
01:07:01,480 --> 01:07:01,760
Speaker 2: don't you.

1458
01:07:02,160 --> 01:07:03,720
Speaker 3: Yeah, one hundred percent like Tiger.

1459
01:07:04,080 --> 01:07:08,240
Speaker 22: Obviously, when he started getting into his prime and everyone

1460
01:07:08,320 --> 01:07:10,800
Speaker 22: looked at Tiger and how he's gone about his business,

1461
01:07:10,880 --> 01:07:14,000
Speaker 22: a he was training more than most people thought it

1462
01:07:14,080 --> 01:07:18,480
Speaker 22: was doable with golf. You know, golf has a lot

1463
01:07:18,520 --> 01:07:21,760
Speaker 22: to do with flexibility. In that his mental capacity his strength,

1464
01:07:21,880 --> 01:07:25,400
Speaker 22: his mental strength, the way that he was so focused,

1465
01:07:25,600 --> 01:07:28,520
Speaker 22: so determined, and the way that he worked. He just

1466
01:07:28,560 --> 01:07:30,840
Speaker 22: brought a whole new dimension to the game. Not only

1467
01:07:30,920 --> 01:07:33,120
Speaker 22: did he make the game popular from a fan point

1468
01:07:33,120 --> 01:07:35,960
Speaker 22: of view, but he changed the directions of what professional

1469
01:07:36,200 --> 01:07:39,920
Speaker 22: players became athletes. Like you know, you could look at

1470
01:07:40,040 --> 01:07:42,400
Speaker 22: the professional golf to and sort of say fifty percent

1471
01:07:42,440 --> 01:07:44,760
Speaker 22: of the players and fifty percent of athletes. Well, now

1472
01:07:44,880 --> 01:07:46,840
Speaker 22: you could look at them and say, probably ninety something

1473
01:07:46,920 --> 01:07:49,040
Speaker 22: percent of these guys are athletes. Now they train and

1474
01:07:49,120 --> 01:07:51,800
Speaker 22: do all the different things that would go along with

1475
01:07:51,960 --> 01:07:53,240
Speaker 22: other sports, not just golf.

1476
01:07:53,880 --> 01:07:57,200
Speaker 2: Is he likable, genuinely likable?

1477
01:07:57,360 --> 01:08:00,800
Speaker 22: Well, I mean, he's a fierce competitor and and anybody

1478
01:08:00,880 --> 01:08:04,920
Speaker 22: that has as much success continually as Tiger is going

1479
01:08:05,000 --> 01:08:07,680
Speaker 22: to have some hats. That's just it's not just you know,

1480
01:08:07,960 --> 01:08:09,920
Speaker 22: not because of his personality, not because of the way

1481
01:08:09,960 --> 01:08:11,960
Speaker 22: he is, because he's so successful, and a lot of

1482
01:08:12,000 --> 01:08:15,080
Speaker 22: people and all sports don't like the guy that's at

1483
01:08:15,120 --> 01:08:15,520
Speaker 22: the top.

1484
01:08:15,440 --> 01:08:16,719
Speaker 3: Because he wins too regularly.

1485
01:08:17,240 --> 01:08:18,840
Speaker 22: And you know, if you go to a tournament and

1486
01:08:19,040 --> 01:08:21,160
Speaker 22: you know Tiger's playing in the tournaments and as heightened

1487
01:08:21,160 --> 01:08:23,439
Speaker 22: his powers, you know, you realistically knew that you were

1488
01:08:23,439 --> 01:08:25,720
Speaker 22: going to have to play outstanding to beat this guy.

1489
01:08:26,640 --> 01:08:30,000
Speaker 2: The fallout between you two, how do you view it

1490
01:08:30,120 --> 01:08:30,599
Speaker 2: these days?

1491
01:08:31,080 --> 01:08:31,559
Speaker 3: Look, when you.

1492
01:08:31,880 --> 01:08:33,240
Speaker 22: Sign up to be a caddy for a boy, you

1493
01:08:33,280 --> 01:08:36,080
Speaker 22: don't actually sign up. There's no sort of contract. Ram

1494
01:08:36,120 --> 01:08:38,439
Speaker 22: You work for somebody and you know it's never going

1495
01:08:38,520 --> 01:08:39,120
Speaker 22: to last forever.

1496
01:08:39,400 --> 01:08:39,960
Speaker 3: And if you.

1497
01:08:40,320 --> 01:08:43,080
Speaker 22: Spend in our world, in a caddies world, if you

1498
01:08:43,720 --> 01:08:46,400
Speaker 22: can spend five years or greater working for one player,

1499
01:08:46,439 --> 01:08:48,720
Speaker 22: you consider that to be a long stint. So you know,

1500
01:08:48,800 --> 01:08:52,519
Speaker 22: I was twelve thirteen years into Tiger and look to

1501
01:08:52,640 --> 01:08:55,800
Speaker 22: be honest that you know when I look back, you know,

1502
01:08:55,920 --> 01:08:58,320
Speaker 22: he asked me when I went basically what happens? I

1503
01:08:58,360 --> 01:09:00,479
Speaker 22: went to caddy for Adam Scott and he asked me

1504
01:09:00,560 --> 01:09:02,160
Speaker 22: not to do it was doing when he was injured,

1505
01:09:02,280 --> 01:09:04,479
Speaker 22: and I should have listened to My wife said no, Steve,

1506
01:09:04,560 --> 01:09:06,280
Speaker 22: you should. You know, if he says you don't want

1507
01:09:06,280 --> 01:09:07,600
Speaker 22: to do it, he doesn't want you to do it,

1508
01:09:07,600 --> 01:09:09,240
Speaker 22: you shouldn't do it. But in a nutshell, I didn't.

1509
01:09:10,240 --> 01:09:10,400
Speaker 4: Look.

1510
01:09:10,720 --> 01:09:14,320
Speaker 22: You know, it's when things went a bit Haywi with

1511
01:09:14,400 --> 01:09:16,320
Speaker 22: Tiger and that it never quite was the same when

1512
01:09:16,360 --> 01:09:16,840
Speaker 22: it came back.

1513
01:09:16,880 --> 01:09:19,160
Speaker 3: So but nothing lasts for ever when you're a caddy.

1514
01:09:19,280 --> 01:09:20,439
Speaker 3: And yeah it was good.

1515
01:09:21,240 --> 01:09:23,519
Speaker 2: And is there a desire to to I don't know,

1516
01:09:23,680 --> 01:09:27,160
Speaker 2: make up, catch up, put it right? Yeah, well say anything.

1517
01:09:27,240 --> 01:09:27,439
Speaker 11: You know.

1518
01:09:27,439 --> 01:09:30,040
Speaker 3: I caught up with Tiger not so long ago. I

1519
01:09:30,200 --> 01:09:31,800
Speaker 3: was in Los Angeles and caught up with it and

1520
01:09:31,880 --> 01:09:33,160
Speaker 3: that and had a good old chat in that. So

1521
01:09:33,280 --> 01:09:35,800
Speaker 3: you know, the time heels everything, it's no big deal.

1522
01:09:36,040 --> 01:09:38,439
Speaker 2: Really, So what do you make of what's happened to

1523
01:09:38,520 --> 01:09:41,599
Speaker 2: him now? Because I worry about him in the sense

1524
01:09:41,720 --> 01:09:45,280
Speaker 2: that he was his swing Like you look at say Couples,

1525
01:09:45,520 --> 01:09:48,600
Speaker 2: Freddy Couples or any ill swing, that's the that's the

1526
01:09:48,640 --> 01:09:50,840
Speaker 2: most beautiful swing you've ever seen in your life. And

1527
01:09:50,920 --> 01:09:53,680
Speaker 2: I look at Tigers, which is a manufactured swing, but

1528
01:09:53,760 --> 01:09:56,160
Speaker 2: a discipline manufactured swing that was going to cause you

1529
01:09:56,280 --> 01:09:58,400
Speaker 2: some sort of physical difficulty in time. And look where

1530
01:09:58,400 --> 01:10:01,920
Speaker 2: it's I mean, the guy's seemingly fighting pain every day.

1531
01:10:02,479 --> 01:10:03,479
Speaker 3: Yeah, it's interesting, Mike.

1532
01:10:03,960 --> 01:10:06,719
Speaker 22: The very first guy that I ever cared for Peter Thompson,

1533
01:10:06,800 --> 01:10:10,559
Speaker 22: the famous Australian guy, and I had great thrill every

1534
01:10:10,640 --> 01:10:12,160
Speaker 22: year at the Open Championship.

1535
01:10:12,240 --> 01:10:14,880
Speaker 3: Peter would attend, being a former Open champion, and.

1536
01:10:15,000 --> 01:10:18,000
Speaker 22: He would always meet me after one of the practice

1537
01:10:18,040 --> 01:10:20,559
Speaker 22: rounds and just discuss things and talk about different things

1538
01:10:20,680 --> 01:10:22,720
Speaker 22: that and he said to me, Steve, you've got to

1539
01:10:22,800 --> 01:10:25,800
Speaker 22: tell this guy that's he will not be able to

1540
01:10:25,880 --> 01:10:27,880
Speaker 22: keep swinging like that for the rest of his life.

1541
01:10:27,920 --> 01:10:30,599
Speaker 3: He said, he's putting way too much pressure on his body.

1542
01:10:31,040 --> 01:10:35,000
Speaker 3: And of course he arguably he was right. Yeah, look, I.

1543
01:10:35,040 --> 01:10:42,120
Speaker 22: Mean he has had an extraordinary stretch of surgeries and

1544
01:10:42,479 --> 01:10:45,360
Speaker 22: physical things that have slowed things down on that. But

1545
01:10:45,960 --> 01:10:50,240
Speaker 22: you know, everybody's asking now the fact that is at

1546
01:10:50,240 --> 01:10:52,000
Speaker 22: the end of the road for Tiger Woods, in my

1547
01:10:52,360 --> 01:10:55,120
Speaker 22: opinion would say, no, it's not because until such.

1548
01:10:55,040 --> 01:10:55,680
Speaker 3: Time where he.

1549
01:10:57,240 --> 01:11:00,200
Speaker 22: Can't where he can't get himself to train and get

1550
01:11:00,240 --> 01:11:02,439
Speaker 22: himself prepared for a golf TOURNT where he could stand

1551
01:11:02,479 --> 01:11:04,680
Speaker 22: on the first tee and physically walk four days with

1552
01:11:05,040 --> 01:11:08,040
Speaker 22: no hesitation and be able to practice and get himself

1553
01:11:08,080 --> 01:11:08,960
Speaker 22: in shape to when a torment.

1554
01:11:09,120 --> 01:11:10,559
Speaker 3: I don't think it's quite gone yet.

1555
01:11:10,760 --> 01:11:14,320
Speaker 2: Amazing, hopefully amazing. I didn't realize you've given you the

1556
01:11:14,360 --> 01:11:19,160
Speaker 2: four gt that car. I mean to come off a

1557
01:11:19,240 --> 01:11:22,680
Speaker 2: tournament and just go the car is yours and for

1558
01:11:22,760 --> 01:11:26,040
Speaker 2: people who don't know what a GT is. It's hundreds

1559
01:11:26,040 --> 01:11:28,719
Speaker 2: of thousands of dollars worth of cars. It's a collector's

1560
01:11:28,720 --> 01:11:30,000
Speaker 2: piece of car, and you've still got that.

1561
01:11:30,120 --> 01:11:32,840
Speaker 3: I take it absolutely. It's a great collector's piece because

1562
01:11:32,880 --> 01:11:34,679
Speaker 3: it's the only one of that type of New Zeale.

1563
01:11:34,760 --> 01:11:37,000
Speaker 2: So it's the driver you started driving.

1564
01:11:37,280 --> 01:11:39,679
Speaker 22: Not very often, not enough, but you know, the lower

1565
01:11:39,760 --> 01:11:42,240
Speaker 22: the miles a bit of before that it's worth. So

1566
01:11:42,320 --> 01:11:43,559
Speaker 22: now I take it out every now and again.

1567
01:11:43,760 --> 01:11:46,320
Speaker 2: That's amazing. And all the memorabilia that came with it.

1568
01:11:46,439 --> 01:11:51,439
Speaker 2: It's do you enjoy the down memory lane aspect of

1569
01:11:51,520 --> 01:11:51,960
Speaker 2: it or not?

1570
01:11:52,600 --> 01:11:52,840
Speaker 3: Yeah?

1571
01:11:53,080 --> 01:11:56,360
Speaker 22: So, not so long ago, Mike, I actually completed my

1572
01:11:56,560 --> 01:12:02,160
Speaker 22: man cave, and so when I go into there and

1573
01:12:02,320 --> 01:12:04,400
Speaker 22: I take someone into that man cave that's not been

1574
01:12:04,439 --> 01:12:06,880
Speaker 22: in there before and look at all the stuff that's

1575
01:12:07,560 --> 01:12:10,639
Speaker 22: it's quite a special room, and it brings back memory

1576
01:12:10,720 --> 01:12:12,840
Speaker 22: lane one hundred percent. And like I said, when I

1577
01:12:12,960 --> 01:12:16,519
Speaker 22: was working for Tiger, we were so focused and driven

1578
01:12:16,560 --> 01:12:19,240
Speaker 22: on the goals that he had set. There wasn't a

1579
01:12:19,240 --> 01:12:21,519
Speaker 22: lot of time to celebrate or go down memory lane

1580
01:12:21,560 --> 01:12:23,680
Speaker 22: in that. But you know, as the years go by,

1581
01:12:23,880 --> 01:12:25,880
Speaker 22: and the book certainly has helped do that because the

1582
01:12:25,920 --> 01:12:28,920
Speaker 22: book has been a great road down memory lane for

1583
01:12:29,040 --> 01:12:30,840
Speaker 22: me to be able to relive.

1584
01:12:30,520 --> 01:12:33,920
Speaker 3: So many moments. And you know, I researched quite a bit.

1585
01:12:33,960 --> 01:12:35,400
Speaker 22: I took a lot of notes while I was catting,

1586
01:12:35,400 --> 01:12:37,160
Speaker 22: which I was fortunately still had those notes, and then

1587
01:12:37,200 --> 01:12:38,720
Speaker 22: I did a bit of research as well just to

1588
01:12:38,760 --> 01:12:40,960
Speaker 22: bring up and that was going down memory lane. So yeah, no,

1589
01:12:42,120 --> 01:12:44,080
Speaker 22: the man Cave is certainly I like that kind of

1590
01:12:44,120 --> 01:12:44,439
Speaker 22: thing now.

1591
01:12:44,640 --> 01:12:47,200
Speaker 2: Always good to see you appreciate it absolutely, Mike, good stuff,

1592
01:12:47,400 --> 01:12:50,280
Speaker 2: Steve Williams, and the book is together We roared by

1593
01:12:50,320 --> 01:12:51,719
Speaker 2: Evan Priest and Steve Williams.

1594
01:12:51,760 --> 01:12:56,599
Speaker 1: A twenty two the Make Asking Breakfast with Vita Retirement

1595
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1596
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1597
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1598
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1614
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1615
01:13:54,040 --> 01:13:57,920
Speaker 2: But it's the new fabulous Lester's Oil Probiotic Plus and

1616
01:13:58,080 --> 01:14:01,760
Speaker 2: it is only from about Health as I love. The

1617
01:14:01,800 --> 01:14:03,960
Speaker 2: interview with Steve renewed my faith in the the woods

1618
01:14:04,000 --> 01:14:06,400
Speaker 2: William Union. Steve is a genuinely wonderful guy. I can

1619
01:14:06,439 --> 01:14:09,439
Speaker 2: I follow him in speedway, especially the charity tonight meeting

1620
01:14:09,520 --> 01:14:12,719
Speaker 2: in rote and Ruer. Thank you very much, Neil. Slightly

1621
01:14:12,720 --> 01:14:15,639
Speaker 2: embarrassing with Steve, I said the other day on the program,

1622
01:14:16,040 --> 01:14:18,439
Speaker 2: I said, I don't think I'd ever interviewed Steve Williams before,

1623
01:14:18,560 --> 01:14:22,559
Speaker 2: and to be to my I don't know if it's credit.

1624
01:14:23,160 --> 01:14:25,240
Speaker 2: The team looked up and they couldn't find any interviews

1625
01:14:25,280 --> 01:14:27,920
Speaker 2: with Steve Williams. When Steve walks in, the first thing

1626
01:14:27,960 --> 01:14:30,519
Speaker 2: he goes, you have interviewed me and I had been

1627
01:14:30,600 --> 01:14:34,479
Speaker 2: in before. And it's at that point you go, what

1628
01:14:34,600 --> 01:14:34,960
Speaker 2: do I do?

1629
01:14:35,160 --> 01:14:35,200
Speaker 1: Go?

1630
01:14:35,479 --> 01:14:37,759
Speaker 2: Whoops? Sorry, I'm getting old.

1631
01:14:37,880 --> 01:14:40,320
Speaker 21: Oh you fight everybody and that's our last day, isn't it?

1632
01:14:40,479 --> 01:14:40,639
Speaker 11: Yeah?

1633
01:14:41,320 --> 01:14:43,880
Speaker 2: Or do I say, of course here, that's right and

1634
01:14:44,080 --> 01:14:46,560
Speaker 2: everyone knows and follow it? Anyway? It went well in

1635
01:14:46,640 --> 01:14:49,080
Speaker 2: the end, mainly because he's a nice guy.

1636
01:14:51,479 --> 01:14:54,519
Speaker 1: The only report you need to start your day the

1637
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Speaker 1: my casting Breakfast with a Vita, Retirement, Communities, Life your Way,

1638
01:15:00,080 --> 01:15:00,839
Speaker 1: Tog's headb.

1639
01:15:02,120 --> 01:15:02,280
Speaker 3: Mike.

1640
01:15:02,400 --> 01:15:05,760
Speaker 2: The stadium decision is a tragedy. How is this not

1641
01:15:05,840 --> 01:15:09,240
Speaker 2: a bigger story? Nick, I'm assuming you're referring to the

1642
01:15:09,479 --> 01:15:13,920
Speaker 2: Auckland Stadium. The answer is whether it's a tragedy or not,

1643
01:15:13,960 --> 01:15:15,960
Speaker 2: as open to your own interpretation. I don't see it

1644
01:15:16,000 --> 01:15:19,040
Speaker 2: as a tragedy per se. Two, it is several days old.

1645
01:15:19,760 --> 01:15:23,160
Speaker 2: Three it is not really impacting anybody outside of Auckland.

1646
01:15:23,880 --> 01:15:27,400
Speaker 2: Four most people inside of Auckland couldn't give the monkeys anyway,

1647
01:15:27,720 --> 01:15:30,840
Speaker 2: because five none of it is ever going to.

1648
01:15:30,920 --> 01:15:33,760
Speaker 21: Happen in Sex. We did actually like you do an

1649
01:15:33,800 --> 01:15:35,040
Speaker 21: interview on it. Talk about it.

1650
01:15:36,360 --> 01:15:40,640
Speaker 2: Year Nick twenty three minutes away from nine International correspondence

1651
01:15:40,760 --> 01:15:43,320
Speaker 2: with ends in eye Insurance, peace of mind for New

1652
01:15:43,400 --> 01:15:45,640
Speaker 2: Zealand business right to the UK. Rod Little's with us.

1653
01:15:45,720 --> 01:15:48,280
Speaker 4: Right morning, good Morland.

1654
01:15:48,280 --> 01:15:49,240
Speaker 3: How are you doing very well?

1655
01:15:49,280 --> 01:15:51,080
Speaker 2: Indeed, last time I talked to you, you're in a pub,

1656
01:15:51,120 --> 01:15:53,519
Speaker 2: you were celebrating a very monumental birthday. How did that go?

1657
01:15:53,720 --> 01:15:55,400
Speaker 2: Was a good times and happy ass and you come

1658
01:15:55,439 --> 01:15:57,000
Speaker 2: out the other side feeling a million bucks.

1659
01:15:57,840 --> 01:16:01,840
Speaker 4: It all went, It all went terribly well, terribly well.

1660
01:16:02,200 --> 01:16:05,400
Speaker 4: And you know, following that we have our liberation Day,

1661
01:16:06,240 --> 01:16:08,600
Speaker 4: you know, so it's been a week of jubilation.

1662
01:16:10,240 --> 01:16:13,439
Speaker 2: What obviously no one knows what's going to happen yet,

1663
01:16:13,479 --> 01:16:16,479
Speaker 2: but what we think could happen will affect Britain in

1664
01:16:16,640 --> 01:16:19,360
Speaker 2: some way, shape or form. So to two part question one,

1665
01:16:19,400 --> 01:16:22,360
Speaker 2: what economic impact does that have to do? You retaliate?

1666
01:16:24,640 --> 01:16:27,559
Speaker 4: I think to take the second part of your question first.

1667
01:16:27,640 --> 01:16:31,960
Speaker 4: As they say on Jeopardy, no we don't retaliate because

1668
01:16:31,960 --> 01:16:35,240
Speaker 4: I think we would end up worse off to take

1669
01:16:35,320 --> 01:16:39,639
Speaker 4: the first part of the question. They are still holding

1670
01:16:39,800 --> 01:16:46,040
Speaker 4: out some hope, having waived various kind of tax deductions

1671
01:16:46,160 --> 01:16:50,479
Speaker 4: for high tech internet companies, American high tech internet companies,

1672
01:16:50,880 --> 01:16:53,720
Speaker 4: that we might sneak under the wire under on a

1673
01:16:53,800 --> 01:16:59,719
Speaker 4: few of the various areas where Donald Trump is ready

1674
01:16:59,760 --> 01:17:05,519
Speaker 4: to waft these huge tariffs. It's a problem. Like it's

1675
01:17:05,560 --> 01:17:09,439
Speaker 4: a problem. It's a massive problem for the car industry.

1676
01:17:09,560 --> 01:17:11,760
Speaker 4: We don't have a great car industry, but we do

1677
01:17:12,120 --> 01:17:15,920
Speaker 4: produce some and some of them go to America. It's

1678
01:17:16,000 --> 01:17:19,800
Speaker 4: a bigger problem, big down the line, even though it

1679
01:17:19,840 --> 01:17:23,880
Speaker 4: doesn't add up in the money in terms of how

1680
01:17:23,960 --> 01:17:29,360
Speaker 4: much money at the moment they're making for our pharmaceutical specialists,

1681
01:17:29,479 --> 01:17:37,320
Speaker 4: steel and science, parts of the infrastructure. I think that

1682
01:17:37,479 --> 01:17:39,400
Speaker 4: is a real problem. They are the ones who are

1683
01:17:39,400 --> 01:17:41,920
Speaker 4: going to be here with a twenty five percent tariff,

1684
01:17:42,560 --> 01:17:46,200
Speaker 4: and that is we're thinking somewhere in the region of

1685
01:17:46,280 --> 01:17:49,719
Speaker 4: you know, twenty thirty thousand even more jobs.

1686
01:17:50,280 --> 01:17:51,080
Speaker 3: It's not good.

1687
01:17:51,760 --> 01:17:54,479
Speaker 2: What do you reckon happens bigger picture because you can

1688
01:17:54,520 --> 01:17:56,320
Speaker 2: see it a couple of different ways. One does only

1689
01:17:56,400 --> 01:17:58,760
Speaker 2: lasts for four years as long as Trump's around, of course,

1690
01:17:58,800 --> 01:18:02,400
Speaker 2: presuming that normality resumes after it goes. But do you

1691
01:18:02,720 --> 01:18:04,960
Speaker 2: does it realign global trade? In other words, does it

1692
01:18:05,040 --> 01:18:07,720
Speaker 2: bring UK closer to the EU sort of in a

1693
01:18:08,080 --> 01:18:09,680
Speaker 2: in a way that the EU and the UK are

1694
01:18:09,720 --> 01:18:12,280
Speaker 2: a bit closer together on the war, for example, and

1695
01:18:12,479 --> 01:18:15,040
Speaker 2: America goes a lot does Yeah?

1696
01:18:15,120 --> 01:18:18,479
Speaker 4: Yeah, yeah, I think I think it does. And it

1697
01:18:18,640 --> 01:18:21,719
Speaker 4: brings the It brings the UK and the EU closer

1698
01:18:21,760 --> 01:18:26,080
Speaker 4: together on stuff like soft power on the Ukraine and

1699
01:18:26,400 --> 01:18:32,280
Speaker 4: probably and crucially on trade. If there is no difference

1700
01:18:32,520 --> 01:18:37,000
Speaker 4: made between the UK and the EU in terms of

1701
01:18:37,120 --> 01:18:40,519
Speaker 4: Donald Trump's tariffs, what was the point of leaving the EU?

1702
01:18:40,760 --> 01:18:41,240
Speaker 2: Good point?

1703
01:18:41,800 --> 01:18:45,000
Speaker 4: That is a question which a lot of people will

1704
01:18:45,040 --> 01:18:48,599
Speaker 4: be asking, and the answer they will come up with none,

1705
01:18:49,760 --> 01:18:53,720
Speaker 4: excuse me. And the second point that they will come

1706
01:18:53,840 --> 01:18:56,919
Speaker 4: up with is well, we may as well bed ourselves

1707
01:18:56,960 --> 01:18:59,360
Speaker 4: in with the EU on this one. It is something

1708
01:18:59,400 --> 01:19:03,400
Speaker 4: which will just towards the EU rather than towards America.

1709
01:19:03,680 --> 01:19:06,719
Speaker 2: Mind you, I look at you guys from the outside obviously,

1710
01:19:06,840 --> 01:19:08,680
Speaker 2: and I look at Britain's position in the world at

1711
01:19:08,720 --> 01:19:10,920
Speaker 2: the moment in relationships with the EU. So it's working

1712
01:19:11,000 --> 01:19:12,720
Speaker 2: it's working okay at the moment, given the war for

1713
01:19:12,800 --> 01:19:17,439
Speaker 2: obvious reasons, but getting it being part of a group

1714
01:19:17,520 --> 01:19:21,080
Speaker 2: of twenty seven none of whom ever really agree on anything.

1715
01:19:21,120 --> 01:19:22,880
Speaker 2: You're better off being out of it and then looking

1716
01:19:22,960 --> 01:19:24,560
Speaker 2: in and dipping in every now and again, aren't you.

1717
01:19:25,920 --> 01:19:26,040
Speaker 11: Oh?

1718
01:19:26,160 --> 01:19:29,800
Speaker 4: Of course, yeah. On every other aspect, we are far

1719
01:19:29,920 --> 01:19:32,639
Speaker 4: better off. We've been far better off. We've been able

1720
01:19:32,680 --> 01:19:37,360
Speaker 4: to lead Europe, largely of Ukraine sadly against what the

1721
01:19:38,280 --> 01:19:42,759
Speaker 4: USA particularly once at the moment, and we are able,

1722
01:19:43,200 --> 01:19:45,840
Speaker 4: even though we haven't made enough of it to make

1723
01:19:46,040 --> 01:19:51,560
Speaker 4: trade agreements with people with countries across the world. The

1724
01:19:51,720 --> 01:19:55,439
Speaker 4: only good thing we've done really is the various agreements

1725
01:19:55,520 --> 01:20:00,920
Speaker 4: with you guys, Australia and India. That's about all we've done,

1726
01:20:01,040 --> 01:20:04,400
Speaker 4: which is something we couldn't have done with in the EU.

1727
01:20:05,400 --> 01:20:09,560
Speaker 4: The question, if it comes down to pragmatics, is you know,

1728
01:20:10,200 --> 01:20:16,640
Speaker 4: we are worse off. We have less power, and that

1729
01:20:16,840 --> 01:20:19,439
Speaker 4: plays a little bit at the moment. And I speak

1730
01:20:19,479 --> 01:20:20,799
Speaker 4: to someone who inverted for Braxit.

1731
01:20:21,200 --> 01:20:24,360
Speaker 2: Just before we leave, my personal fascinator, this Chay Gosneil,

1732
01:20:24,600 --> 01:20:26,400
Speaker 2: which has been bubbling away for most of the year.

1733
01:20:26,439 --> 01:20:28,960
Speaker 2: Speaking of Trump and Kis Stamer. I'm noting yesterday a

1734
01:20:29,000 --> 01:20:31,160
Speaker 2: couple of things. One it has claimed it as close

1735
01:20:31,240 --> 01:20:34,960
Speaker 2: to being finalized, to the other to finalize it without

1736
01:20:35,040 --> 01:20:38,160
Speaker 2: necessarily Donald Trump signing it off apparently, and I saw

1737
01:20:38,240 --> 01:20:40,400
Speaker 2: him say it, he sort of when Starmer was there,

1738
01:20:40,400 --> 01:20:41,880
Speaker 2: he didn't seem to mind and didn't think it was

1739
01:20:41,880 --> 01:20:44,680
Speaker 2: a big deal. But three, it is suggested in the

1740
01:20:44,720 --> 01:20:47,120
Speaker 2: piece I've been reading that Starma's not quite let the

1741
01:20:47,120 --> 01:20:48,920
Speaker 2: British people know what the bill might be yet. Is

1742
01:20:48,960 --> 01:20:49,599
Speaker 2: all of that true?

1743
01:20:51,240 --> 01:20:54,200
Speaker 4: I think all of that is true, And I think

1744
01:20:54,320 --> 01:20:57,400
Speaker 4: this all stems from a time when this Labor government

1745
01:20:59,040 --> 01:21:04,760
Speaker 4: was left wing as it saw itself, and we had

1746
01:21:04,880 --> 01:21:08,160
Speaker 4: David Lammie talking about the rectitude of giving the Chagos

1747
01:21:08,200 --> 01:21:11,360
Speaker 4: Island back to people who never owned them in the

1748
01:21:11,439 --> 01:21:18,320
Speaker 4: first place, such as the Mauritius government, a terrible, terrible

1749
01:21:18,439 --> 01:21:22,759
Speaker 4: mistake which caused a problem in our relationships with the USA,

1750
01:21:23,600 --> 01:21:26,720
Speaker 4: which annoyed the Chagos Islanders who don't have much time

1751
01:21:26,800 --> 01:21:30,240
Speaker 4: for Mauritius, and which will cost us a lot of money.

1752
01:21:30,720 --> 01:21:35,160
Speaker 4: I think if they could possibly turn back the clock,

1753
01:21:35,640 --> 01:21:38,479
Speaker 4: Kirs Starmer would do so, but of course he can't,

1754
01:21:38,960 --> 01:21:43,000
Speaker 4: and one day quite soon the real cost will come out,

1755
01:21:43,360 --> 01:21:45,600
Speaker 4: and the real cost in terms of our relations with

1756
01:21:45,720 --> 01:21:49,599
Speaker 4: the USA and of course with China getting in there exactly.

1757
01:21:49,720 --> 01:21:52,080
Speaker 2: So that was where Mirca Rubio came and so Rubio

1758
01:21:52,240 --> 01:21:54,240
Speaker 2: was a bit squiffy on it based on the fact

1759
01:21:54,280 --> 01:21:56,920
Speaker 2: that Mauritius has this relationship with China. But be there

1760
01:21:56,960 --> 01:21:57,160
Speaker 2: does it?

1761
01:21:57,240 --> 01:21:57,360
Speaker 3: Mate?

1762
01:21:57,439 --> 01:22:00,000
Speaker 2: Isn't that I was watching stam around. What I said

1763
01:22:00,200 --> 01:22:01,720
Speaker 2: was the cabinet table. I think yesterday I had some

1764
01:22:01,800 --> 01:22:04,360
Speaker 2: of the famous and the wonderful way from Eda. Isn't

1765
01:22:05,080 --> 01:22:07,960
Speaker 2: How's I haven't seen it? My wife here she said

1766
01:22:07,960 --> 01:22:10,200
Speaker 2: it was boring it. So I mean, it's one thing

1767
01:22:10,240 --> 01:22:11,040
Speaker 2: to stick it in the school.

1768
01:22:14,160 --> 01:22:16,439
Speaker 4: I think your wife's got a point. I mean, you're

1769
01:22:16,520 --> 01:22:19,599
Speaker 4: living in New Zealand. You you don't have to put

1770
01:22:19,680 --> 01:22:21,320
Speaker 4: up with the kind of rubbish we have to put

1771
01:22:21,400 --> 01:22:29,559
Speaker 4: up with as as in comparison with most TV dramas

1772
01:22:29,600 --> 01:22:34,200
Speaker 4: these days, it was intelligent, totally written and well acted

1773
01:22:34,800 --> 01:22:38,679
Speaker 4: and did unravel a number of things about the country. However,

1774
01:22:39,479 --> 01:22:43,200
Speaker 4: the only thing anyone in this country has taken from

1775
01:22:43,280 --> 01:22:46,280
Speaker 4: it because of the way the media is is it's

1776
01:22:46,320 --> 01:22:51,760
Speaker 4: about toxic masculinity. Well, it's ignored is the fact that

1777
01:22:52,439 --> 01:22:57,040
Speaker 4: this program also touched on the absolute uselessness of our schools,

1778
01:22:57,439 --> 01:23:00,400
Speaker 4: the lack of discipline, the lack of respect of young

1779
01:23:00,479 --> 01:23:07,519
Speaker 4: people for towards adults. So it's the same as everythid

1780
01:23:07,640 --> 01:23:11,519
Speaker 4: My people take from it what fits into that political armory,

1781
01:23:11,840 --> 01:23:13,120
Speaker 4: and the rest is lost.

1782
01:23:13,439 --> 01:23:14,920
Speaker 2: You're a good bloke. I will see you in a

1783
01:23:14,960 --> 01:23:17,120
Speaker 2: couple of days. Appreciate it very much. Rod Little out

1784
01:23:17,120 --> 01:23:19,920
Speaker 2: of Britain for his Tuesdays and Thursdays. It's already eight

1785
01:23:20,000 --> 01:23:20,479
Speaker 2: forty five.

1786
01:23:21,720 --> 01:23:26,120
Speaker 1: The like asking Breakfast Fall Show podcast on iHeartRadio, Howard

1787
01:23:26,160 --> 01:23:27,160
Speaker 1: By News talks.

1788
01:23:26,920 --> 01:23:27,160
Speaker 7: It be.

1789
01:23:29,080 --> 01:23:32,080
Speaker 2: Apology. My wife didn't say it was boring, she said

1790
01:23:32,120 --> 01:23:35,799
Speaker 2: it was painful. What's the difference between boring and painful? Anyway,

1791
01:23:35,800 --> 01:23:39,080
Speaker 2: it doesn't matter. Rocket Labs make rockets and Auckland Mike, Yes.

1792
01:23:39,280 --> 01:23:42,160
Speaker 2: And the reason you know that is because that's the

1793
01:23:42,280 --> 01:23:44,800
Speaker 2: only one. And I read a very interesting article the

1794
01:23:44,840 --> 01:23:47,680
Speaker 2: other day Finland, Nokia and Finland. Not that this has

1795
01:23:47,720 --> 01:23:49,920
Speaker 2: got to do with Nokia, but Finland became particularly famous

1796
01:23:49,960 --> 01:23:52,120
Speaker 2: because of Nokia of course. Anyway, theres a growing number

1797
01:23:52,120 --> 01:23:55,080
Speaker 2: of companies in Finland developing innovations that can assist military

1798
01:23:55,160 --> 01:23:58,360
Speaker 2: forces and governments and preparing for and reacting to conflict.

1799
01:23:59,080 --> 01:24:02,360
Speaker 2: So Finland's interesting because, like US, it's got five million people,

1800
01:24:03,320 --> 01:24:05,479
Speaker 2: and unlike US who have one rocket company, they have

1801
01:24:05,720 --> 01:24:11,640
Speaker 2: three hundred and sixty eight defense tech companies. Three one

1802
01:24:11,720 --> 01:24:17,439
Speaker 2: hundred and sixty eight defense tech companies. Forty percent of

1803
01:24:17,479 --> 01:24:20,639
Speaker 2: them are startups and scale ups, many growing at rates

1804
01:24:20,680 --> 01:24:24,519
Speaker 2: of thirty to forty percent a year. So once again

1805
01:24:24,560 --> 01:24:26,679
Speaker 2: I ask you and off in site places like Singapore,

1806
01:24:26,680 --> 01:24:29,600
Speaker 2: and if not Singapore, Ireland, I can now cite Finland.

1807
01:24:29,880 --> 01:24:32,559
Speaker 2: How is the country with five million people in an

1808
01:24:32,600 --> 01:24:37,160
Speaker 2: industry that's successful, that big and that expansive. When we

1809
01:24:37,400 --> 01:24:39,599
Speaker 2: basically and there's nothing wrong with growing beef and sheep

1810
01:24:39,640 --> 01:24:42,200
Speaker 2: meat and growing grapes for wine, how come we're not

1811
01:24:42,320 --> 01:24:43,800
Speaker 2: in Do.

1812
01:24:43,880 --> 01:24:45,800
Speaker 21: They have better conditions for growing gun trees?

1813
01:24:45,880 --> 01:24:48,519
Speaker 2: It's a very good question. It's a very good question, Mike,

1814
01:24:49,000 --> 01:24:52,200
Speaker 2: US grown and exported to Italy. This is tariff's and

1815
01:24:52,280 --> 01:24:54,439
Speaker 2: this is the olives. US grown and exported to Italy

1816
01:24:54,560 --> 01:24:56,479
Speaker 2: in curb twelve and a half percent tariff plus vat

1817
01:24:57,160 --> 01:25:00,960
Speaker 2: all US produced agriproducts compared to two point five to

1818
01:25:01,040 --> 01:25:04,200
Speaker 2: eight point eight tariff on Italian olives arriving in the US.

1819
01:25:04,600 --> 01:25:06,800
Speaker 2: In addition to the basic tariff, VAT is added to

1820
01:25:06,840 --> 01:25:09,439
Speaker 2: the value of the olives plus freight. US olives range

1821
01:25:09,439 --> 01:25:11,479
Speaker 2: from four to twenty two percent, but are generally around

1822
01:25:11,479 --> 01:25:14,000
Speaker 2: four and a half percent. Italian customs duties are an

1823
01:25:14,040 --> 01:25:16,040
Speaker 2: addition to VAT and around four and a half percent.

1824
01:25:16,080 --> 01:25:18,200
Speaker 2: The EU also places a tariff on these olives, with

1825
01:25:18,240 --> 01:25:19,519
Speaker 2: a range of four and a half to twelve point

1826
01:25:19,520 --> 01:25:22,240
Speaker 2: two percent, depending on whether they are prepared, preserved, fresh

1827
01:25:22,320 --> 01:25:24,760
Speaker 2: or chilled intended for olive oil production. You do the math.

1828
01:25:24,800 --> 01:25:26,920
Speaker 2: Who has the advantage? Now, you make a very good point,

1829
01:25:27,000 --> 01:25:31,040
Speaker 2: and I appreciate Scott your email, but where it falls apart,

1830
01:25:31,240 --> 01:25:33,960
Speaker 2: so if you've got a tariff in your export market,

1831
01:25:34,360 --> 01:25:36,599
Speaker 2: you want to match the tariff for the import market.

1832
01:25:37,240 --> 01:25:40,280
Speaker 2: I don't like tariffs at all, but I understand that logic,

1833
01:25:40,400 --> 01:25:43,360
Speaker 2: and you point that logic out on olives, great fantastic.

1834
01:25:43,880 --> 01:25:46,760
Speaker 2: Where New Zealand has a balanced portfolio, that logic does

1835
01:25:46,840 --> 01:25:49,080
Speaker 2: not apply. We have no tariffs. There are no tariffs

1836
01:25:49,120 --> 01:25:51,760
Speaker 2: for imports into this country. We are free traders. In

1837
01:25:51,840 --> 01:25:55,200
Speaker 2: Australia's case, it's even more weird. There is much more

1838
01:25:55,240 --> 01:25:57,599
Speaker 2: business done from the American point of view to Australia

1839
01:25:57,600 --> 01:26:01,479
Speaker 2: than Australia into America. Australia should be carved out today

1840
01:26:01,560 --> 01:26:04,200
Speaker 2: because it's all of all Trump argues that he's looking

1841
01:26:04,280 --> 01:26:08,240
Speaker 2: for is fair and balanced. It's fair and balanced in

1842
01:26:08,320 --> 01:26:11,680
Speaker 2: America's favor with Australia. So why aren't Australia carved out?

1843
01:26:11,720 --> 01:26:13,920
Speaker 2: Why do they apply to everybody? And that is where

1844
01:26:14,000 --> 01:26:15,519
Speaker 2: the logic falls apart.

1845
01:26:15,600 --> 01:26:16,960
Speaker 21: You don't think he's going to announce that he's going

1846
01:26:17,000 --> 01:26:18,679
Speaker 21: to give them some of his tariff money.

1847
01:26:19,520 --> 01:26:21,760
Speaker 2: I don't think so good. We can hang around after

1848
01:26:21,840 --> 01:26:24,200
Speaker 2: nine you want and carry some have a bet on it.

1849
01:26:24,560 --> 01:26:25,719
Speaker 2: Nine away from nine.

1850
01:26:25,760 --> 01:26:29,879
Speaker 1: The make Hosking Breakfast with the Range Rover Villain News.

1851
01:26:29,760 --> 01:26:32,320
Speaker 2: Togsad Be hems my point. All the people texting saying Mike,

1852
01:26:32,400 --> 01:26:34,479
Speaker 2: have you seen who their neighbor is? It's not about that.

1853
01:26:34,600 --> 01:26:36,599
Speaker 2: I mean, it is about that partially, But what it's

1854
01:26:36,600 --> 01:26:40,519
Speaker 2: about is tech is about global dominance and the ability

1855
01:26:40,640 --> 01:26:43,080
Speaker 2: to sell stuff internationally. That's why you start up a company.

1856
01:26:43,360 --> 01:26:45,920
Speaker 2: The fact you've got a rogue operator across your border

1857
01:26:46,439 --> 01:26:49,519
Speaker 2: is it might be, you know, a starter for ten,

1858
01:26:49,640 --> 01:26:51,360
Speaker 2: but it doesn't mean that's why you enter a business

1859
01:26:51,439 --> 01:26:53,200
Speaker 2: or grow. Mike, did you read the article yesterday and

1860
01:26:53,280 --> 01:26:56,200
Speaker 2: finished President's meeting with the Trump? You said, did it's

1861
01:26:56,240 --> 01:26:58,160
Speaker 2: worth read? I've already read it. He's a golfer. Yes,

1862
01:26:58,200 --> 01:27:00,240
Speaker 2: he is a golfer. He came away saying it is

1863
01:27:00,280 --> 01:27:02,240
Speaker 2: what it is, stopped whining about Trump and carry on.

1864
01:27:02,400 --> 01:27:03,800
Speaker 2: I didn't get that, and I don't think you did

1865
01:27:03,920 --> 01:27:07,480
Speaker 2: say that. My my inference was he got the impression

1866
01:27:07,560 --> 01:27:11,639
Speaker 2: from Trump that Russia's in trouble and the war isn't

1867
01:27:11,680 --> 01:27:15,000
Speaker 2: going to last much longer. But having said all of that,

1868
01:27:15,720 --> 01:27:19,280
Speaker 2: I've got no update. Riad seemed to have come and gone,

1869
01:27:19,800 --> 01:27:22,160
Speaker 2: wasn't it. We're all heading to read and that came

1870
01:27:22,240 --> 01:27:24,000
Speaker 2: and went, And as far as I can work out,

1871
01:27:24,120 --> 01:27:26,120
Speaker 2: nothing in particular has happened, and we're waiting for Russia

1872
01:27:26,200 --> 01:27:28,439
Speaker 2: to come up with something. Last we heard from Trump,

1873
01:27:28,520 --> 01:27:31,000
Speaker 2: he was a bit quote unquote angry, very angry, and

1874
01:27:31,160 --> 01:27:32,920
Speaker 2: quote unquote pestofding.

1875
01:27:33,280 --> 01:27:33,439
Speaker 13: Now.

1876
01:27:34,280 --> 01:27:37,160
Speaker 2: I'm sorry, sorry, but trigger have you? They're becoming your

1877
01:27:37,240 --> 01:27:40,320
Speaker 2: programmed So you had enough of that story, had you, Glenn? Sorry?

1878
01:27:40,360 --> 01:27:42,640
Speaker 2: Glynn wants to move on. Off we go, Glenn, I.

1879
01:27:42,720 --> 01:27:43,360
Speaker 4: Just tell what he did.

1880
01:27:43,479 --> 01:27:46,000
Speaker 21: No, no, Glynn, Please, I really do want to get

1881
01:27:46,040 --> 01:27:46,360
Speaker 21: out of here.

1882
01:27:46,920 --> 01:27:49,400
Speaker 2: Why is it called the Micross? I asked that question

1883
01:27:49,479 --> 01:27:50,000
Speaker 2: all the time.

1884
01:27:50,640 --> 01:27:52,719
Speaker 21: I asked people ask me that question.

1885
01:27:52,560 --> 01:27:53,240
Speaker 2: All the times.

1886
01:27:53,360 --> 01:27:53,559
Speaker 9: Sake.

1887
01:27:53,680 --> 01:27:56,040
Speaker 2: I do apologize for interrupting what he wanted.

1888
01:27:55,840 --> 01:27:58,880
Speaker 21: To do next, Angry Trump.

1889
01:27:59,080 --> 01:28:01,120
Speaker 2: No, no, no, it's just hit the button.

1890
01:28:01,200 --> 01:28:01,400
Speaker 3: Clean.

1891
01:28:01,600 --> 01:28:02,400
Speaker 2: Please, here's what.

1892
01:28:05,880 --> 01:28:07,560
Speaker 1: The home of big brand vitamins.

1893
01:28:07,720 --> 01:28:09,280
Speaker 2: Now, do you want to do it or shall I? Oh,

1894
01:28:09,320 --> 01:28:11,640
Speaker 2: you want me to do it? Okay, So anyway if

1895
01:28:11,680 --> 01:28:13,880
Speaker 2: you want, it's going to be in the Rose Garden shortly.

1896
01:28:14,120 --> 01:28:18,080
Speaker 2: So the White House just posted this clip. This shows

1897
01:28:18,120 --> 01:28:21,759
Speaker 2: that Trump has been wanting these tariffs enacted basically forever,

1898
01:28:22,360 --> 01:28:28,320
Speaker 2: because this was Trump back in nineteen eighty eight with see.

1899
01:28:28,200 --> 01:28:30,439
Speaker 23: If you can guess, we let Japan come in and

1900
01:28:30,520 --> 01:28:33,160
Speaker 23: dump everything right into our markets and everything. It's not

1901
01:28:33,280 --> 01:28:35,479
Speaker 23: free trade. If you ever go to Japan right now

1902
01:28:35,560 --> 01:28:37,680
Speaker 23: and try to sell something, forget about it, open, just

1903
01:28:37,720 --> 01:28:40,200
Speaker 23: forget about it. It's almost impossible. They don't have laws

1904
01:28:40,200 --> 01:28:42,840
Speaker 23: against it. They just make it impossible. They come over here,

1905
01:28:42,880 --> 01:28:45,320
Speaker 23: they sell their cars, their VCRs. They knock the hell

1906
01:28:45,360 --> 01:28:46,160
Speaker 23: out of our companies.

1907
01:28:46,479 --> 01:28:47,200
Speaker 21: And hey, I have.

1908
01:28:47,280 --> 01:28:49,760
Speaker 23: Tremendous respect for the Japanese people. I mean, you can

1909
01:28:49,840 --> 01:28:51,680
Speaker 23: respect somebody that's beating the hell out of you, but

1910
01:28:51,760 --> 01:28:54,240
Speaker 23: they are beating the hell out of this country Kuwait.

1911
01:28:54,400 --> 01:28:56,640
Speaker 23: They live like kings. The poorest person in Kuwait they

1912
01:28:56,680 --> 01:28:59,200
Speaker 23: live like kings, and yet they're not paying. We make

1913
01:28:59,240 --> 01:29:01,840
Speaker 23: it possible for them to sell their oil. Why aren't

1914
01:29:01,840 --> 01:29:03,920
Speaker 23: they paying us twenty five percent of what they're making.

1915
01:29:04,000 --> 01:29:04,599
Speaker 7: It's a joke.

1916
01:29:05,200 --> 01:29:08,280
Speaker 2: His voice has changed slightly, but the energy is still there.

1917
01:29:08,320 --> 01:29:10,840
Speaker 2: And that was close enough to forty years ago. And

1918
01:29:11,000 --> 01:29:12,640
Speaker 2: you heard the reference to Aprah, So he used to

1919
01:29:12,720 --> 01:29:14,519
Speaker 2: appear on Oprah. I don't know that he appears so

1920
01:29:14,600 --> 01:29:16,519
Speaker 2: much on Oprah anymore. Mind you, Oprah doesn't do what

1921
01:29:16,600 --> 01:29:20,120
Speaker 2: Oprah used to do. So we'll stand by and the

1922
01:29:20,240 --> 01:29:23,000
Speaker 2: rose go. I hope my only hope today, and I

1923
01:29:23,160 --> 01:29:25,080
Speaker 2: fear it's not going to happen. But my only hope

1924
01:29:25,120 --> 01:29:27,360
Speaker 2: today not that any of this is good, because it isn't.

1925
01:29:28,000 --> 01:29:30,360
Speaker 2: But my only hope today is that there is an

1926
01:29:30,439 --> 01:29:33,439
Speaker 2: element of clarity about it, so that at least you

1927
01:29:33,520 --> 01:29:37,719
Speaker 2: can debate tomorrow on the facts and the details. Because

1928
01:29:37,840 --> 01:29:40,640
Speaker 2: TERRAF shouldn't be complex. They're a bad idea, but they

1929
01:29:40,640 --> 01:29:43,400
Speaker 2: shouldn't be complex, but my gut says that it's going

1930
01:29:43,439 --> 01:29:45,080
Speaker 2: to be a bit vague, So let's just stand by

1931
01:29:45,200 --> 01:29:47,240
Speaker 2: to see what happens. Back tomorrow, Happy Days.

1932
01:29:47,840 --> 01:29:50,680
Speaker 1: For more from the mic Asking Breakfast listen live to

1933
01:29:50,840 --> 01:29:53,519
Speaker 1: news talks it'd be from six am week days, or

1934
01:29:53,600 --> 01:29:55,480
Speaker 1: follow the podcast on iHeartRadio.