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Speaker 1: You're trusted home for news, sport, entertainment, opinion and The Mike,

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Speaker 1: the Mic asking, Breakfast with a Vita, Retirement, Communities, Life,

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Speaker 1: Your Way, News Togsdad B.

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Speaker 2: Welcome today to Finance Minister on the worst case scenario.

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Speaker 2: My first question is why are we modeling worst case scenarios?

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Speaker 2: Change coming to booze rules which could be useful if

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Speaker 2: the worst case scenario comes to pass. We've got some

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Speaker 2: sales facts around evs. Are they booming or not? Cap

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Speaker 2: fron Fields and France. Rod Liddle's in the u k

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Speaker 2: Pasking Welcome to Tuesday morning, seven past six. It always

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Speaker 2: adds a bit of drama, I think with the right

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Speaker 2: word added. So we have quote unquote a landmark legal

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Speaker 2: case in the High Court this week. Climate advocates. We'll

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Speaker 2: argue the government's current climate plan is unlawful and that

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Speaker 2: it had not consulted on it widely enough. They want

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Speaker 2: the court to declare the government's decisions unlawful. Under the

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Speaker 2: current law, the government must produce five yearly emissioned reduction targets.

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Speaker 2: It's net zero by twenty fifty. Stuff. You've heard it

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Speaker 2: all before, by the way, in the past few years,

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Speaker 2: our omissions are in fact going down, which I assume

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Speaker 2: pleases someone, not that it appears to be getting a

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Speaker 2: lot of attention, which is sort of what this case

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Speaker 2: is all about ideology. I think it's fair to suggest

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Speaker 2: a lot of the sort of people that like to

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Speaker 2: spend time in court chasing governments really are after a

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Speaker 2: plan that not only is questionable around effectiveness, but almost

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Speaker 2: certainly economically ruinous and more extreme than anyone would want

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Speaker 2: to live with, bar the sort of people who take

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Speaker 2: court cases. Of course, like all these cases, it ultimately

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Speaker 2: goes nowhere, given the highest court in the land is

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Speaker 2: the Parliament, and the Parliament has currently got a group

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Speaker 2: of three parties that have agreed on the current climate

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Speaker 2: plan and therefore have the votes to enact what they want.

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Speaker 2: The fact a group of climate activists doesn't like it

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Speaker 2: is not a surprise, and at best, I guess you

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Speaker 2: can hope for a friendly court who decides there has

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Speaker 2: been some sort of misdemeanor. In other words, technically the

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Speaker 2: government may not have consulted around the changes they made.

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Speaker 2: Therefore the court might say they should, and if the

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Speaker 2: government decided that's a good idea, they then would do

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Speaker 2: that and it's at that point the climate activists show

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Speaker 2: up and tell the government it's all wrong and we're

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Speaker 2: on a path to climate ruin, at which point the

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Speaker 2: government ignores them because the government is allowed to do that,

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Speaker 2: and they then enact what they were doing anyway, because

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Speaker 2: that's how governments work. Either the lawyers are sympathizers in

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Speaker 2: doing this for free, or the advocates have benefactors that

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Speaker 2: don't mind footing large legal bills. But the simple truth

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Speaker 2: is this government has been elected on a middle of

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Speaker 2: the road path. Our omissions are dropping land in climate

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Speaker 2: interference for farmers isn't as extreme as it was, And

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Speaker 2: in broader news, the world has kind of moved on

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Speaker 2: from this anyway with larger issues as we burn coal

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Speaker 2: like never before, realize oil is quite important post the war,

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Speaker 2: and before you know it, Cop thirty one in Turkey

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Speaker 2: will be on to re litigate it all over again. Anyway. Meantime,

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Speaker 2: the lawyers, as ever, will be in their golopment.

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

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Speaker 2: Oil speaking, which is down a bit this morning. Part

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Speaker 2: of the reason is Trump jaw boning on running up

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Speaker 2: a posse to try and open the Strait undermanding that these.

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Speaker 3: Studtries come in protect your jertory, because it is their journeys.

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Speaker 3: It's the place from which beget their energy, and they

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Speaker 3: should come.

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Speaker 4: And they should help us.

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Speaker 2: Of course, if you ask the Iranians, the strike is

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Speaker 2: actually already open. But you've got to be part of

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Speaker 2: the class.

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Speaker 5: Of course, from our perspective it is open.

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Speaker 6: It's only close to our enemies, to those who carried

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Speaker 6: out unjust aggression against our country, and to their allies.

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Speaker 2: Part of the Trump posse might well be the British.

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Speaker 2: Not that star is falling over himself within the enthusias.

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Speaker 6: Taking the necessary action to defend ourselves and our allies.

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Speaker 6: We will not be drawn into the wider war. And third,

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Speaker 6: we will keep working towards a swift resolution.

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Speaker 2: And although the straightening Iran suck up most of the headlines,

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Speaker 2: there is the business, of course of Libanon, where the

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Speaker 2: Israelis are busy.

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Speaker 7: Antonio Gutevish said in a quot there is no military solution,

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Speaker 7: only diplomacy and dialogue. It will support diplomacy, but diplomacy

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Speaker 7: only walks when i women's are enforced.

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Speaker 2: The problem with the outworking of the Israelis of course

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Speaker 2: is the victims and the doctors who have to.

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Speaker 8: Help them tradnel in the face and in the eyes,

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Speaker 8: multiple fractures penetrating fradnel injuries into the abdomen, all in children.

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Speaker 8: The oldest I have is sixteen, the youngest was four.

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Speaker 2: Then back in Britain. To add to their wives and worries,

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Speaker 2: they've got a dose of men and gitis. A student

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Speaker 2: in Kent died, so the queue for treatments for me.

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Speaker 9: We were just like looking at the news coming through

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Speaker 9: and they're like, Oh, it's actually like real.

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Speaker 10: E'steria.

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Speaker 5: So I've got Adams this week.

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Speaker 11: So my sister's not a student here, we haven't been

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Speaker 11: in any contact with anybody here, and she's gone in

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Speaker 11: with suspective, energized a lot of.

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Speaker 12: Students while in falled till hours later.

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Speaker 2: Finally he is one for the conspiracy theorists. Air Force

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Speaker 2: Major General William McCasland recently retired from Right Patterson Air

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Speaker 2: Force Base. Now they're a major center be UFI researched

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Speaker 2: back in forty seven, they claimed the captured the UFO.

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Speaker 2: They later said they hadn't captured the UFO, so they

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Speaker 2: full of it anyway. Fastward. Mccaslan's now been missing. That's right,

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Speaker 2: he's been missing for more than two weeks. If the

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Speaker 2: Iron investigating, but you know whether this is going The

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Speaker 2: FBI says there are currently no leads. That's because he's

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Speaker 2: in a spaceship, of course, being experimented on. We all

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Speaker 2: know it usual the world and ninety By the way,

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Speaker 2: India is talking with Iran as we speak. The Foreign

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Speaker 2: Minister Indian hopeful that talks with Iran will begin easing

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Speaker 2: the shipping disruptions. I am at the moment engaged in

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Speaker 2: talking to them, and my talking has yielded some results.

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Speaker 2: Bringers Crossed twelve past six.

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

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Speaker 1: by News TALKSB.

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Speaker 2: We'll check with Catherine shortly. But the EU there's a

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Speaker 2: Finance minister's sorry and Foreign Minister's meeting as we speak,

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Speaker 2: and they're looking at naval actions. So we'll see what

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Speaker 2: the EU think about all of that. Meantime, Trump's going

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Speaker 2: to have to revisit his view on the Strait because

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Speaker 2: fun fact, this morning, half of the US generic prescriptions

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Speaker 2: come out of India. Where do India get their core

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Speaker 2: products from? This is for stuff like diabetes, hypertension, stat's antibiotics,

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Speaker 2: and every Americans on one of those at least, if

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Speaker 2: not two or three. Where do they get their raw

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Speaker 2: materials from? Through the strait of whom It's fifteen past six,

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Speaker 2: But you're partners Andrew Helling a.

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Speaker 5: Good morning, Yeah, very good morning.

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Speaker 2: Make I'm not into the bad news at the moment.

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Speaker 2: What's going on with services here? Forty eight is not

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Speaker 2: an expansionary territory.

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Speaker 5: No, it's not great, is it.

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Speaker 12: But actually, just a little fact before we start my polymarket.

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Speaker 12: The bedding site in the US, chances of the war

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Speaker 12: ending by the end of March eight percent at the

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Speaker 12: moment eight I'd take a bit of that, and the

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Speaker 12: by April the fifteenth thirty two percent.

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Speaker 5: So won in three chants.

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Speaker 12: So there you go, listeners out there, they've got.

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Speaker 5: An information advantage now on everybody else. Yeah. Now let's

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Speaker 5: talk about the services sector.

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Speaker 12: Yeah, it was disappointing was the term used in the commentary,

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Speaker 12: and I think that's probably apt.

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Speaker 5: It is the largest part of the US economy.

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Speaker 12: So this is the the n Z Business New Zealand

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Speaker 12: Performance of Services Index for February forty eight.

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Speaker 5: As you said two point seven points.

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Speaker 12: The long term average is fifty two point eight, so

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Speaker 12: well below the long term average.

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Speaker 5: So look, we're back in contraction territory.

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Speaker 12: This is according to the respondents in the survey, and

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Speaker 12: that comes after two successive months of reading above fifty,

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Speaker 12: which complemented very nicely the narrative of an improving economy.

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Speaker 5: So we're now back to levels that we were looking.

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Speaker 12: At at the end of last year when we were

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Speaker 12: waiting for evidence of the approving economy. All of the

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Speaker 12: main sub indexes in that survey are in contraction.

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Speaker 5: Look, Mike, the recent.

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Speaker 12: Evidence strongly suggests that the economy is recovering, but he's

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Speaker 12: a reminder that the recovery is gradual, it's potentially patchy

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Speaker 12: and possibly quite fragile. Employment certainly looks weak in the survey.

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Speaker 12: That's not what we want to see. It is the

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Speaker 12: lowest reading since January twenty twenty five, and the lowest

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Speaker 12: reading for new orders businesses August of last year. So

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Speaker 12: global average is fifty three point four, so we're also

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Speaker 12: well below that. The composite index, you combine it with

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Speaker 12: Friday's manufacturing and it is forty eight point seven on.

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Speaker 5: A GDP weighted basis.

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Speaker 12: So yeah, also not great, very good descriptive sentence. In

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Speaker 12: the contrary, I thought it said the existing weakness in

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Speaker 12: the PSI further highlights New Zealand's vulnerability to external shocks

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Speaker 12: at a time, and its emergence from recession is already fragile.

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Speaker 12: And we've got a reasonably serious external shock brewing, haven't we.

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Speaker 5: So we would like to see that improve next month.

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Speaker 2: Okay, perk me up with the housing news.

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Speaker 5: Well, I don't really perk you up.

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Speaker 12: I mean it was it didn't disappoint, but it didn't

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Speaker 12: exactly sparkle. The house price index dead flat year on year,

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Speaker 12: so the housing market from a price point of view

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Speaker 12: is basically go nowhere. But Mike, I think you've got

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Speaker 12: to characterize this difference. Isn't stable good? Stable is good?

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Speaker 12: So on a seasonally adjusted basis, the housing price index

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Speaker 12: did lift zero point six cent in February. That's the

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Speaker 12: biggest lift we've seen on a monthly basis in two years.

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Speaker 12: So I think the recent trend is potentially more encouraging.

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Speaker 12: The big censers are improving, so that trend is good.

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Speaker 12: Turnover has been improving. We're in the busy months of

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Speaker 12: the year. For the housing market, sales have been looking better,

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Speaker 12: but as I've said before, the inventory keeps heading up

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Speaker 12: to in the median days to sell a property has

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Speaker 12: gone up, I mean anecdotally. Might you talk to the

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Speaker 12: agents out there. They're all bullish at the moment. They're

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Speaker 12: all talking recovery. They're saying it's busy, there's more shoes

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Speaker 12: out in front of the open homes. But just at

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Speaker 12: the moment the numbers we are looking at aren't reflecting

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Speaker 12: that vibe just yet.

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Speaker 2: Shoes. It's so true, all right, perfectly up with some spending.

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Speaker 12: Spending Well, do my best here, and banks have been

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Speaker 12: sharing their data.

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Speaker 5: We are seeing some recovery.

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Speaker 12: Official stats of New Zealand data at least yesterday for

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Speaker 12: electronic card transactions also shows US retail spending rebound in

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Speaker 12: February at one point four percent over the That's good,

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Speaker 12: but it was weak in January. Member total retail spending

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Speaker 12: year and a year now at one point five percent.

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Speaker 12: Core retail spending lifted one point six percent year and

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Speaker 12: now up two point four percent. As I said January number,

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Speaker 12: we had poor weather, so that depressed the number there.

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Speaker 12: You may recall I've sort of spoken about generally characterizing

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Speaker 12: January data as being a bit of a breather, So

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Speaker 12: we're looking for re establishment and improving numbers in February.

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Speaker 5: There's evidence of that here.

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Speaker 12: Look on a if I had to look at the

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Speaker 12: total electronic card transaction data, it's subdued, but there has

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Speaker 12: been a lift in discretionary spending.

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Speaker 5: We do like the look of that.

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Speaker 12: But I guess the PostScript to everything I'm saying is

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Speaker 12: I wouldn't be it wouldn't be unexpected to see this

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Speaker 12: Middle East conflict way on data in March and April,

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Speaker 12: and unfortunately we get GDP numbers for this week and

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Speaker 12: the Q four starting point for economy.

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Speaker 5: Looks like it will be lower than expected.

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Speaker 12: So right now we're getting a headwind on this economic

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Speaker 12: covery that we hadn't anticipated, and it's going to make

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Speaker 12: it all quite hard work.

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Speaker 2: Give me some numbers.

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Speaker 5: Well, here you go. The US share markets are up.

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Speaker 12: The Dow Jones is up three hundred and seventy points

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Speaker 12: point apes, the S and P five hundred U.

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Speaker 5: One percent, sixty six nine seven.

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Speaker 12: That's all good, and the Nasdaq is up one point

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Speaker 12: three six percent.

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Speaker 5: So here you go.

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Speaker 12: We're closing on a high three hundred points on the

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Speaker 12: Nasdak twenty two thousand, four hundred and six. The forts

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Speaker 12: one hundred was up just over half percent overnight ten thousand,

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Speaker 12: three hundred and seventeen the neck a small fall sixty

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Speaker 12: eight points point one three percent five three seventy five

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Speaker 12: one and about a quarter percent fall on the Shanghai composite.

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Speaker 12: The OSSI's Yesday lost point three nine percent on the

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Speaker 12: A six two hundred eighty five eight three and the

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Speaker 12: end of its fifty lost twenty three points point one

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Speaker 12: seven percent. Thirteen thousand, one hundred and sixty four Kimi

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Speaker 12: dollar point five eight four four, a little bit weaker

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Speaker 12: against the US against the Ossie point eight to eighty

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Speaker 12: five point five to eight four euro point four to

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Speaker 12: three nine three pounds ninety three point zero seven. Japanese

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Speaker 12: end gold has dipped below five thousand dollars four nine

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Speaker 12: nine two, and Brent crude when we when we were

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Speaker 12: during our trading day Yesday got up over one hundred

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Speaker 12: and six dollars. It's now falling back and then is

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Speaker 12: currently at one oh one point six eight.

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Speaker 2: Have a good one, Andrew Callah Shaw and partners do

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Speaker 2: you know what stacket's booming at the moment, the carbon

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Speaker 2: credit market. AI is doing it so seven hundred billion dollars.

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Speaker 2: The big boys, Amazon, googled, et cetera, alphabet, Microsoft met

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Speaker 2: all those clowns. They're purchasing credits like this note tomorrow.

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Speaker 2: In twenty twenty two, they purchased fourteen thousand credits right

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Speaker 2: permanent credits fourteen thousand. In twenty twenty three. It was

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Speaker 2: twelve million, one hundred and four percent increase in twenty

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Speaker 2: twenty four, are one hundred and eighty one percent in

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Speaker 2: twenty twenty five. They're simply buying their way out of

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Speaker 2: the problem. It is six twenty two. He refused Talks Dboom.

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

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Speaker 1: by News Talks at B.

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Speaker 2: For all those people texting me saying nt NYA, who's

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Speaker 2: dere He's not. He did a video yesterday, Go look

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Speaker 2: it up online. Three seventy two are gallon in America?

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Speaker 2: Is why this war is going to end sooner rather

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Speaker 2: than later. Highest priced in October of twenty three, seventy

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Speaker 2: four sens of gallon. That's gone up twenty seven percent.

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Speaker 2: Largest monthly increase since Katrina. So he's busy wandering Trump

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Speaker 2: wandering around going. Prices of gas coming down, not true,

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Speaker 2: diesels up a dollar twenty four to four, nine to nine,

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Speaker 2: trucking companies already passing that cost on. Nothing focuses the

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Speaker 2: mind like a cost of living crisis six twenty five.

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Speaker 1: Is trending now with the Wemers. Welluse come your home

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Speaker 1: of sports and.

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Speaker 2: Nutrition right for the Crypto Freaks doco made by director

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Speaker 2: actor Ben Mackenzie. Who's he He's the guy from the

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Speaker 2: OC in Gotham. Anyway, he began investigating crypto during COVID

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Speaker 2: and he decided he didn't like it. So after two

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Speaker 2: years of research, he's concluded basically, crypto's rise was about hype,

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Speaker 2: misinformation and speculation. So here's a chunk of everyone is

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Speaker 2: lying to you for money, every lie life to.

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Speaker 3: You for money.

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Speaker 4: Cryptocurrency.

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Speaker 3: It's pretty stupid.

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Speaker 13: You might recognize Van Mackenzie from the OC.

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Speaker 14: He's been any predict of the cryptocurrency industry.

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Speaker 15: To understand my journey's currency, we have.

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Speaker 2: To go back.

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Speaker 16: You know what's taking off its bitcoin, it's money, it's

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Speaker 16: a it's cryptocurrency.

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Speaker 5: Say cryptocurrency. I don't know what someone is just like.

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Speaker 15: Look, I have a degree in economics.

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Speaker 2: Surely I can figure out this crypto stuff.

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Speaker 3: No, no fees, electronic for a good time.

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Speaker 9: We're going around, take all your money by bitcoin out.

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Speaker 2: I had a few questions.

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Speaker 6: I made a ton of money on it, Yeah, but

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Speaker 6: I don't know anything about it was a manner.

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Speaker 2: So it's got interviews with bankman Free, who's that frizzy

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Speaker 2: he had weirdo? Did he end up in jail? Just

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Speaker 2: in court? I can't remember anyway? And Alex Machinkey. It's

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Speaker 2: in theaters for some reason April the seventeenth. I assume

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Speaker 2: it will get to an actual television set at some

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Speaker 2: particular point in time. Marl's Miles Miles Hurrible quick yesterday

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Speaker 2: from Frontira. So the hunters on, So where do we

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Speaker 2: go for some top talent. We'll have a look at

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Speaker 2: the dairy sector for you right after the news and

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Speaker 2: the Health Minister with news this morning for you. He's

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Speaker 2: with us after seven thirty meantime NEWSS.

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Speaker 1: Next the newsmakers and the personalities, the big names talk

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Speaker 1: to Mike the mic Hosking Breakfast with Range over Sport

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Speaker 1: SV The Ultimate Performance SUV News togs Head b.

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Speaker 2: With Catherine shortly as to where Europe generally is at

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Speaker 2: on this let's help Trump open the strait of the

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Speaker 2: moose business. But he's still not pleased with Starmer.

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Speaker 3: I was very upset with not upset, I was. I

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Speaker 3: was not happy with the UK. I think they'll be involved, Yeah, maybe,

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Speaker 3: but they should be involved enthusiastically. We've been protecting these

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Speaker 3: countries for years with data.

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Speaker 2: He's more upbeat about Macron.

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Speaker 3: Though he's been on a scale of zero to ten.

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Speaker 3: I'd say he's been an aid.

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Speaker 2: Not perfect, but it's friends. He told them Joe. He's

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Speaker 2: also been starting a whole lot of psycho babel about

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Speaker 2: Cargo Island and the war generally that we're we'll come

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Speaker 2: back to if we get time. Shortly twenty three minutes

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Speaker 2: away from seven. So the big news and derry, of course,

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Speaker 2: is that Miles Hurrel is moving on from Fontira eight

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Speaker 2: years in a turnaround strategy that's played big dividends literally

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Speaker 2: and figuratively. John Stevenson is Fonterierra's Cooperative Council chair and

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Speaker 2: as well as John, morning.

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Speaker 5: To you, good morning Mike.

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Speaker 2: If you look back at what he picked up and

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Speaker 2: ran with. It's a pretty significant turnaround, doesn't it?

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Speaker 15: Look?

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Speaker 2: It will look good on the CV.

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Speaker 15: Absolutely, And I think it's really important to acknowledge that

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Speaker 15: Miles and has Mike and Miles's leadership and what he's

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Speaker 15: been able to achieve. And I think you know what

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Speaker 15: earsier as you alluded to for context, when he took

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Speaker 15: over in twenty eighteen, dividends were loaded non existent for

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Speaker 15: us as Farmer shareholders and met that was at six

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Speaker 15: point two billion. Near the last couple of years, we've

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Speaker 15: had dividends forty to fifty cents in depths down to

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Speaker 15: two point six billions, so you know, really significant achievements.

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Speaker 2: Does it sound about right? Were you surprised yesterday or not?

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Speaker 2: Eight years? I mean that's what they do, isn't it

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Speaker 2: They do? Eight years? Move on?

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Speaker 15: You're right, Mike, I think initially sort of got Farmer's interested.

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Speaker 15: Upon reflect in eight years, the timing does seem about right.

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Speaker 15: We're moving into a different period post of mainland investments,

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Speaker 15: so you know, these roles of big roles, they take

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Speaker 15: a toll on people, and you know, sort of we

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Speaker 15: wish males all the best in the future.

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Speaker 2: What's your vibe. He came from inside, so it's an

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Speaker 2: internal knows the business inside out. Is that where you

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Speaker 2: need to look or was he just an individual set

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Speaker 2: of circumstances that he would have been good no matter

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Speaker 2: where he came from.

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Speaker 15: Well, I think one of the key things around Miles

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Speaker 15: is he's been able to build a strong team around him. Mike,

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Speaker 15: so you know, you've got to be a special individual

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Speaker 15: for this role, and farmers are pretty direct. They have

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Speaker 15: high expectations of of their cooperative to deliver. But you

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Speaker 15: know he's built a strong team around him. But no

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Speaker 15: doubt there'll be interest outside of Fonterra as well.

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Speaker 2: The Peters stabb yesterday that it's all been a big

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Speaker 2: mistake that he was going to sell collectors dividend and

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Speaker 2: bugger off. What do you make of that?

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Speaker 15: I think farmers would definitely have a different view and

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Speaker 15: they've communicated that to us. As the last twenty four hours,

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Speaker 15: Mike More has really been able to rebuild farmers trust

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Speaker 15: that business fundamentals are strong. Forty nine percent of them

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Speaker 15: last year, the win in advance, especially ingredients or food

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Speaker 15: service gets down, So you know, I think I think

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Speaker 15: farmers are based on pure business performance whatever different view.

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Speaker 2: Good stuff, John Nuts to catch up, preciated John Stevenson,

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Speaker 2: who's the Pontera Cooperative Council chair. Small note Peene McBride,

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Speaker 2: who's the chair of the organization. Miles isn't talking until

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Speaker 2: after next week when the announcement of the profit comes out,

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Speaker 2: and I'm assuming that's going to be a good one.

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Speaker 2: So we went to the chair and the chairman didn't

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Speaker 2: want to come on the program because it's a bit early,

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Speaker 2: which struck me as unusual for a person involved in dairy.

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Speaker 2: If six thirty is a bit early for you and dairy,

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Speaker 2: I don't know what you're doing in dairy twenty minutes

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Speaker 2: away from seven.

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Speaker 1: The Mike Hosking Breakfast Full Show podcast on iHeartRadio cow

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Speaker 1: it By News.

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Speaker 5: Talks it be.

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Speaker 2: You know what it's like, Grayser's insurance, power bills, petrol.

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Speaker 2: You know it's getting more expensive. Everything's more expensive a

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Speaker 2: lot of people. That uncertainly makes planning ahead a little

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Speaker 2: bit harder than it used to. Of course, so one

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Speaker 2: of the reasons that Resonate Health came up with this

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Speaker 2: different approach, the approach we love around hearing aids. So

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Speaker 2: traditionally hearing aids have meant paying thousands of dollars up

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Speaker 2: front and then facing an under large bill a couple

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00:19:09,920 --> 00:19:11,760
Speaker 2: of years down the track when it's time to upgrade.

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Speaker 2: So Resonate changed.

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Speaker 5: All of that.

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Speaker 2: They upended it with their unlimited hearing aid subscription. So

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Speaker 2: for ninety dollars a month, you received top of the

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Speaker 2: range hearing aids, ongoing professional care, and upgrades to the

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Speaker 2: latest tech every three years. And importantly, that price is

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Speaker 2: fixed for life. So in a world where most costs

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Speaker 2: keep going up and up and up, gives people something

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Speaker 2: rare these days, price certainty, and who doesn't love that.

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Speaker 2: So you've been putting off hearing aids because of the

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00:19:35,960 --> 00:19:39,359
Speaker 2: upfront cost all the uncertainty around future costs. This model

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00:19:39,440 --> 00:19:41,520
Speaker 2: is worth exploring and you can explore it to your

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Speaker 2: heart's content at resonatehealth dot co dot nz, or you

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Speaker 2: can bring them on eight hundred and seven three seven

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Speaker 2: sixty six to its Resonate Health osky. In fact, it

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Speaker 2: wasn't just Starmri's Worriedb's complaining about everybody.

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Speaker 3: Now now some are very enthusiastic about it, and some

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Speaker 3: are in summer countries that we've helped for many, many

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Speaker 3: years we've protected them from horrible outside sources and they

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Speaker 3: weren't that enthusiastic and the level enths of enthusiasm, it

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Speaker 3: matters to me, and well, we want to know, do

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Speaker 3: you have any mind sweepers? Well, would rather not get involved, Sir,

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Speaker 3: I said for you, I mean, for forty years we're

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Speaker 3: protecting you and you don't want to get involved in

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Speaker 3: something that is very minor posking.

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Speaker 2: You can feel he's under pressure, can't you. He's seeing

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Speaker 2: the price of oil, he's seeing the polls. He's feeling

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Speaker 2: under pressure. Mike, mark my words. Now this is bullush

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Speaker 2: of you, Reese, mark my words, Miles will be the

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Speaker 2: next New Zealand rugby CEO. What do you reckon? Is

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Speaker 2: that on the poly market. I'll take a bit of that.

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Speaker 2: I mean you, I hope you're right.

437
00:20:49,480 --> 00:20:53,920
Speaker 10: Six forty five International correspondence with ins and Eye Insurance

438
00:20:54,080 --> 00:20:56,800
Speaker 10: Peace of Mind for New Zealand Business Field.

439
00:20:56,800 --> 00:20:58,000
Speaker 2: A very good morning to you.

440
00:20:58,680 --> 00:20:59,600
Speaker 17: Good morning Mike.

441
00:21:00,240 --> 00:21:01,440
Speaker 2: While I'm on the theme, I want to come to

442
00:21:01,520 --> 00:21:03,520
Speaker 2: the municipal elections in just a couple of moments, but

443
00:21:03,720 --> 00:21:06,240
Speaker 2: I know there's a foreign meeting bits tonight. Our time

444
00:21:06,320 --> 00:21:08,760
Speaker 2: or your time or whatever it is. But this vibe

445
00:21:08,760 --> 00:21:11,760
Speaker 2: around coming to the help of the straight up hor moose.

446
00:21:12,320 --> 00:21:14,320
Speaker 2: What's the mood? Is it on or is it not?

447
00:21:15,400 --> 00:21:18,800
Speaker 18: There is no appetite for expanding EU missions in the

448
00:21:18,840 --> 00:21:21,479
Speaker 18: area to help in the straits of Horn moves, and

449
00:21:21,520 --> 00:21:25,920
Speaker 18: there is certainly no appetite for helping out at all,

450
00:21:26,480 --> 00:21:29,720
Speaker 18: whether it be as an EU, as NATO, or as

451
00:21:29,880 --> 00:21:33,480
Speaker 18: individual countries. Spain and Italy have said they're not interested

452
00:21:33,520 --> 00:21:36,720
Speaker 18: in the idea. The French have said they might think

453
00:21:36,760 --> 00:21:40,640
Speaker 18: about it once the area is calm and the fighting

454
00:21:40,680 --> 00:21:43,679
Speaker 18: has gone on. The response has also been, you know,

455
00:21:43,760 --> 00:21:46,520
Speaker 18: the last couple of days, US President Trump has said,

456
00:21:46,720 --> 00:21:50,600
Speaker 18: you alleged that European allies have been freeloading over the

457
00:21:50,720 --> 00:21:54,560
Speaker 18: US with the US troops in Europe. This is nothing new.

458
00:21:54,640 --> 00:21:58,720
Speaker 18: They're used to this might and everyone remembers that it

459
00:21:58,800 --> 00:22:02,199
Speaker 18: was the European that came to the to assist the

460
00:22:02,320 --> 00:22:05,120
Speaker 18: US after nine to eleven. So the use to this.

461
00:22:05,520 --> 00:22:09,080
Speaker 18: What we're now seeing is the Europeans going back to

462
00:22:09,080 --> 00:22:11,840
Speaker 18: the language that we heard when Trump was talking about

463
00:22:12,400 --> 00:22:16,359
Speaker 18: annexing Greenland, taking out of Greenland. They're getting tough. Just

464
00:22:16,400 --> 00:22:18,800
Speaker 18: in the last couple of hours. We've had the spokesman

465
00:22:18,840 --> 00:22:21,840
Speaker 18: for the German Chancellor's say this war has nothing to

466
00:22:21,880 --> 00:22:24,200
Speaker 18: do with NATO, this has nothing to do with us.

467
00:22:24,880 --> 00:22:28,159
Speaker 18: We've also seen the Brits also saying no, you know,

468
00:22:28,359 --> 00:22:31,320
Speaker 18: this isn't what we signed up for, that we don't

469
00:22:31,320 --> 00:22:34,359
Speaker 18: agree with this. So they're also coming back to this

470
00:22:34,480 --> 00:22:38,200
Speaker 18: point that well, at the start of this Europeans were

471
00:22:38,200 --> 00:22:41,040
Speaker 18: not consulted about this attack on Iran. And also we've

472
00:22:41,080 --> 00:22:44,479
Speaker 18: been hearing here a lot of this talk about the

473
00:22:44,560 --> 00:22:46,639
Speaker 18: US having the strongest navy in the world.

474
00:22:46,720 --> 00:22:47,880
Speaker 2: Well now they're coming.

475
00:22:47,680 --> 00:22:51,720
Speaker 18: Back wanting for Europe to provide mind sweepers. So you're

476
00:22:51,920 --> 00:22:54,919
Speaker 18: sitting on the fence here saying, get back to us

477
00:22:54,960 --> 00:22:55,880
Speaker 18: when it's all come down.

478
00:22:55,960 --> 00:22:57,600
Speaker 2: What about the old Article five idea?

479
00:22:58,680 --> 00:23:02,359
Speaker 18: Doesn't worry currently because the Article five, Mike is, of course,

480
00:23:02,440 --> 00:23:05,600
Speaker 18: A is the defensive NATO is the defensive alliance. An

481
00:23:05,760 --> 00:23:10,720
Speaker 18: Article five is for use when NATO territory is in danger.

482
00:23:11,040 --> 00:23:14,879
Speaker 18: It is not conceived for a war of choice, and

483
00:23:14,960 --> 00:23:19,920
Speaker 18: NATO sees this US and the Israeli attacks on Ran

484
00:23:20,119 --> 00:23:21,480
Speaker 18: as a war of choice.

485
00:23:21,560 --> 00:23:25,280
Speaker 2: Yeah, right back to your municipal election. So second round,

486
00:23:25,640 --> 00:23:27,760
Speaker 2: a couple of questions, where does Macron fit into all

487
00:23:27,760 --> 00:23:29,240
Speaker 2: of this or his party fit into all of this,

488
00:23:29,359 --> 00:23:32,480
Speaker 2: What about Lapen given her court issues, and is it

489
00:23:32,520 --> 00:23:34,640
Speaker 2: directly tired with what may or may not happen next

490
00:23:34,720 --> 00:23:35,840
Speaker 2: year in the presidential race.

491
00:23:36,680 --> 00:23:40,440
Speaker 18: In these municipals are the last elections before that big

492
00:23:40,480 --> 00:23:43,560
Speaker 18: presidential race next year, and it's supposed to be something

493
00:23:43,600 --> 00:23:46,160
Speaker 18: that gives us an idea of the theme of how

494
00:23:46,160 --> 00:23:49,960
Speaker 18: the country's looking well. For Emmanual Macron's party, it looks bad.

495
00:23:50,280 --> 00:23:54,119
Speaker 18: Emmanual macrons party has never managed to have a big

496
00:23:54,200 --> 00:23:58,760
Speaker 18: hold throughout the country, so they've not done that well.

497
00:23:58,880 --> 00:24:01,919
Speaker 18: They've not managed to build on any momentum, so that

498
00:24:02,119 --> 00:24:02,640
Speaker 18: is not good.

499
00:24:03,160 --> 00:24:04,200
Speaker 15: There hasn't really.

500
00:24:03,960 --> 00:24:08,320
Speaker 18: Been the momentum either for Marine Leapen's National Rally party.

501
00:24:08,400 --> 00:24:09,960
Speaker 18: They had been talking about how they was going to

502
00:24:09,960 --> 00:24:13,199
Speaker 18: be a landslide. Well they haven't. They were hoping that

503
00:24:13,240 --> 00:24:16,399
Speaker 18: they would have more than the thirteen towns that they've

504
00:24:16,480 --> 00:24:20,159
Speaker 18: been running. That hasn't happened. The big question will be,

505
00:24:20,240 --> 00:24:24,639
Speaker 18: of course, my in Marseille, where the Socialists and the

506
00:24:24,760 --> 00:24:27,560
Speaker 18: Left neck and neck at the end of the first

507
00:24:27,640 --> 00:24:30,320
Speaker 18: round with the National Rally. Now, if that does go

508
00:24:30,359 --> 00:24:33,520
Speaker 18: to Mahine Lepens party. That would be a big win

509
00:24:33,640 --> 00:24:36,840
Speaker 18: for them. France's second largest city going to the far right,

510
00:24:37,560 --> 00:24:40,440
Speaker 18: that would be a huge win. So you can't really

511
00:24:40,560 --> 00:24:44,040
Speaker 18: see a national picture at the moment. So get back

512
00:24:44,040 --> 00:24:44,600
Speaker 18: to me next.

513
00:24:44,480 --> 00:24:47,119
Speaker 2: Week, okay, I will. Fortunately, we booked you in for

514
00:24:47,160 --> 00:24:50,080
Speaker 2: next week based in China. They've been in town at

515
00:24:50,160 --> 00:24:52,280
Speaker 2: your place and trying to sort out what may or

516
00:24:52,280 --> 00:24:54,000
Speaker 2: may not be the summit, depending on what happens with

517
00:24:54,040 --> 00:24:55,720
Speaker 2: the war they agreed to anything. Do we get the

518
00:24:55,760 --> 00:24:56,520
Speaker 2: headlines out of.

519
00:24:56,440 --> 00:24:57,960
Speaker 5: This, We don't.

520
00:24:58,000 --> 00:24:58,200
Speaker 3: Well.

521
00:24:58,240 --> 00:25:00,760
Speaker 18: All we get are two days of talk walk between

522
00:25:00,840 --> 00:25:04,960
Speaker 18: the US Secretary of Treasury and his Chinese counterpart. There

523
00:25:04,960 --> 00:25:07,880
Speaker 18: were two points actually that kept that they were trying

524
00:25:07,920 --> 00:25:10,000
Speaker 18: to push when they were having these two days of

525
00:25:10,040 --> 00:25:13,639
Speaker 18: talks at the OECD here in Paris. One was to

526
00:25:13,760 --> 00:25:19,159
Speaker 18: try and stabilize the relationship after the tariff's escalation. The

527
00:25:19,320 --> 00:25:23,200
Speaker 18: US are desperate for China to buy more Boeing jetliners.

528
00:25:23,280 --> 00:25:27,640
Speaker 18: They want the Chinese to buy more coal. No big

529
00:25:27,640 --> 00:25:30,640
Speaker 18: deals signed there. Of course, the Chinese want the US

530
00:25:30,680 --> 00:25:35,240
Speaker 18: to buy more poultry, so nothing was agreed there. But

531
00:25:35,359 --> 00:25:38,800
Speaker 18: of course there's also that possibility of the Trump visit

532
00:25:38,840 --> 00:25:41,320
Speaker 18: to Beijing at the end of this month. Still no

533
00:25:41,440 --> 00:25:44,080
Speaker 18: actual word on that, but what the Americans did say

534
00:25:44,440 --> 00:25:48,000
Speaker 18: was that could change depending on what is happening in Iran.

535
00:25:48,400 --> 00:25:50,440
Speaker 2: Right, Joy, as always, we will see you next week.

536
00:25:50,480 --> 00:25:53,639
Speaker 2: Catherine Field in France, Verus This Tuesday morning at ten

537
00:25:53,680 --> 00:25:54,879
Speaker 2: to seven, the.

538
00:25:55,040 --> 00:25:58,520
Speaker 1: Mic asking Breakfast with Bailey's real estate news talks.

539
00:25:58,520 --> 00:26:02,480
Speaker 2: They'd be using pole outste this morning. Reinflation, read the economy,

540
00:26:02,520 --> 00:26:05,520
Speaker 2: re the unpopularity of Elbow and the Reserve Bank today

541
00:26:05,560 --> 00:26:07,600
Speaker 2: is almost certainly going to increase their interest rates. So

542
00:26:07,600 --> 00:26:09,920
Speaker 2: they're on a different path to us. By the way,

543
00:26:10,080 --> 00:26:14,200
Speaker 2: I mentioned last week the guy Shah Belendras Shah who

544
00:26:14,200 --> 00:26:18,679
Speaker 2: won the landslide election in Nepal. We didn't know it

545
00:26:18,680 --> 00:26:20,400
Speaker 2: was landslide at the time because they take a while

546
00:26:20,440 --> 00:26:22,680
Speaker 2: to count the votes in that particular part of the world.

547
00:26:22,680 --> 00:26:25,280
Speaker 2: But his party, he's a rapper who doesn't speak to

548
00:26:25,280 --> 00:26:27,520
Speaker 2: the media. He just does it all through YouTube anyway.

549
00:26:27,520 --> 00:26:29,239
Speaker 2: His party won one hundred and eighty two seats the's

550
00:26:29,240 --> 00:26:31,000
Speaker 2: two hundred and seventy five seats in the parliament. Has

551
00:26:31,080 --> 00:26:34,040
Speaker 2: party won one hundred and eighty two largest majority of

552
00:26:34,040 --> 00:26:37,760
Speaker 2: any party in more than sixty years. They've had thirty

553
00:26:37,800 --> 00:26:40,840
Speaker 2: two governments in the last thirty five years. They're a mess.

554
00:26:41,280 --> 00:26:42,960
Speaker 2: So they're hoping at one hundred and eighty two seats

555
00:26:42,960 --> 00:26:46,480
Speaker 2: out of two seventy five. There's some stability there. Oldest party,

556
00:26:46,520 --> 00:26:49,679
Speaker 2: the Neapoli Congress, distant second at thirty eight and the

557
00:26:49,720 --> 00:26:52,560
Speaker 2: Communist Party of Nepal that was where the former Prime

558
00:26:52,560 --> 00:26:55,280
Speaker 2: Minister Oli was part of only twenty five, so he's

559
00:26:55,400 --> 00:26:58,280
Speaker 2: swept a power. So I hope they know what they

560
00:26:58,359 --> 00:27:01,359
Speaker 2: voted for. By the way, there only three US air lines.

561
00:27:01,400 --> 00:27:04,240
Speaker 2: At the current price of jet fuel, there are only

562
00:27:04,280 --> 00:27:06,960
Speaker 2: three US airlines that can continue to make money. Seems

563
00:27:06,960 --> 00:27:08,920
Speaker 2: remarkable that the in New Zealand can't make money at all,

564
00:27:08,960 --> 00:27:11,320
Speaker 2: no matter what the price of jetfoil is. But apparently

565
00:27:11,359 --> 00:27:16,200
Speaker 2: Delta United in Southwest are still marginally profitable at four

566
00:27:16,240 --> 00:27:19,959
Speaker 2: dollars a gallon, which gives you something about their robustness.

567
00:27:20,640 --> 00:27:22,439
Speaker 2: New York flight was canceled the other night of my

568
00:27:22,480 --> 00:27:24,440
Speaker 2: mail bag. This morning, guy drops his daughter off of

569
00:27:24,480 --> 00:27:26,439
Speaker 2: the New York flight in New Zealand, Auckland and New York.

570
00:27:26,520 --> 00:27:29,240
Speaker 2: They get through immigration into the lounge. They say it's delayed.

571
00:27:29,640 --> 00:27:33,240
Speaker 2: Not one hour or two hours, but twenty four hours.

572
00:27:33,560 --> 00:27:35,679
Speaker 2: So that's fun five minutes away from seven.

573
00:27:36,600 --> 00:27:39,840
Speaker 1: All the ins and the outs. It's the fizz with

574
00:27:40,119 --> 00:27:43,560
Speaker 1: business fiber take your business productivity to the next level.

575
00:27:43,560 --> 00:27:45,520
Speaker 2: New Zealand is to due to economic research. What have

576
00:27:45,560 --> 00:27:48,040
Speaker 2: they got for us this morning? They've got their consensus

577
00:27:48,080 --> 00:27:52,640
Speaker 2: forecast GDP, so it's been revised up good, up zero

578
00:27:52,680 --> 00:27:55,040
Speaker 2: point eight for the year ending March twenty twenty six.

579
00:27:55,119 --> 00:27:57,679
Speaker 2: They've now also got growth expecting to increase three percent

580
00:27:58,160 --> 00:28:01,240
Speaker 2: in twenty twenty seven percent this year, three percent in

581
00:28:01,280 --> 00:28:03,480
Speaker 2: twenty twenty seven. That that is in line with others

582
00:28:03,480 --> 00:28:05,800
Speaker 2: who say something similar. In fact, the most bullish of

583
00:28:05,840 --> 00:28:08,840
Speaker 2: forecasts has it at three point three. All data points

584
00:28:08,880 --> 00:28:10,680
Speaker 2: to would turn around in the economy since the Dune

585
00:28:10,760 --> 00:28:13,720
Speaker 2: quarter contraction last year. House Old, when is it Thursday?

586
00:28:13,720 --> 00:28:15,640
Speaker 2: I think we're getting Q four? Aren't we looking forward

587
00:28:15,680 --> 00:28:17,360
Speaker 2: to that? I think we're getting Q four on Thursday.

588
00:28:17,760 --> 00:28:19,760
Speaker 2: That the numbers are all over the place, forecast are

589
00:28:19,760 --> 00:28:21,480
Speaker 2: all over the place. They've got something like yeah, point

590
00:28:21,520 --> 00:28:26,240
Speaker 2: three point four point five point six point seven. I

591
00:28:26,240 --> 00:28:28,280
Speaker 2: think I might become an economist and just go zero

592
00:28:28,280 --> 00:28:32,359
Speaker 2: point nine economists. Mike Hosking today predicted a big increase

593
00:28:32,400 --> 00:28:34,080
Speaker 2: for the New Zealand economy. Am I any more right

594
00:28:34,160 --> 00:28:35,840
Speaker 2: or wrong than anyone else anyway? Where? Am I? A?

595
00:28:36,119 --> 00:28:40,360
Speaker 2: Household spending data has been revised down, although they think

596
00:28:40,360 --> 00:28:42,239
Speaker 2: that'll pick up in the next couple of years. Are

597
00:28:42,240 --> 00:28:43,920
Speaker 2: still a lot of households on that one or two

598
00:28:43,960 --> 00:28:47,800
Speaker 2: year mortgage fixed rates. Export growth has been revised up

599
00:28:49,640 --> 00:28:51,760
Speaker 2: two point seven and three point five, so that's this

600
00:28:51,880 --> 00:28:54,320
Speaker 2: year and next up two point seven three point five.

601
00:28:54,680 --> 00:28:57,640
Speaker 2: Then the dollars down, which is a shocker if you're

602
00:28:57,640 --> 00:29:00,400
Speaker 2: a tourist, not an American tourist, but in New Zealand

603
00:29:00,440 --> 00:29:03,480
Speaker 2: tourists going overseas because you can't afford anything. But it

604
00:29:03,600 --> 00:29:07,160
Speaker 2: goes down next year, up in twenty eight, and then

605
00:29:07,200 --> 00:29:10,920
Speaker 2: down again in twenty nine. I mean, honestly, honestly, I.

606
00:29:10,840 --> 00:29:13,240
Speaker 9: Mean, what possibly happen between now and then to change

607
00:29:13,240 --> 00:29:13,760
Speaker 9: any of that?

608
00:29:14,280 --> 00:29:17,160
Speaker 2: Next thing? You'll be asking for a worst case scenario

609
00:29:17,280 --> 00:29:20,440
Speaker 2: if the war goes all year. Oh okay, yeah they

610
00:29:20,520 --> 00:29:22,680
Speaker 2: did that, So we'll talk to Nikola Willis about that.

611
00:29:22,720 --> 00:29:23,520
Speaker 2: In just a couple of.

612
00:29:23,480 --> 00:29:29,320
Speaker 1: Moments, credible, compelling, the breakfast show. You can't best. It's

613
00:29:29,400 --> 00:29:33,320
Speaker 1: the mic Hosking breakfast with Bailey's real estate altogether better

614
00:29:33,360 --> 00:29:36,000
Speaker 1: across residential, commercial, and rural news.

615
00:29:36,040 --> 00:29:36,800
Speaker 5: Togs Head been.

616
00:29:36,680 --> 00:29:39,040
Speaker 2: Only seven past seven. So in this country, seemingly never

617
00:29:39,160 --> 00:29:41,360
Speaker 2: ending desire to see the worst, the government produced our

618
00:29:41,560 --> 00:29:44,240
Speaker 2: worst case scenario around the war. Inflation could hit three

619
00:29:44,280 --> 00:29:46,680
Speaker 2: point seven percent. That's of the war goes all year.

620
00:29:47,080 --> 00:29:50,160
Speaker 2: Niicola Willis is the Finance minister. Good morning, Good morning, Mike.

621
00:29:50,280 --> 00:29:53,200
Speaker 2: What are you doing peddling misery with the worst case scenario?

622
00:29:53,280 --> 00:29:55,800
Speaker 2: Why are we all most straight to the worst case scenario?

623
00:29:57,240 --> 00:30:00,000
Speaker 13: Well, I've been clear that there are a range of scenarios,

624
00:30:00,000 --> 00:30:02,640
Speaker 13: simply the case. We don't know what's going to happen

625
00:30:02,720 --> 00:30:04,960
Speaker 13: with sectors that are outside of our control. We don't

626
00:30:04,960 --> 00:30:07,520
Speaker 13: know how long the straight up hormones will stay closed.

627
00:30:07,960 --> 00:30:10,840
Speaker 13: We don't know whether our Asian refineries we'll be able

628
00:30:10,840 --> 00:30:15,200
Speaker 13: to access alternative supplies of oil in sufficient quantities, and

629
00:30:15,240 --> 00:30:17,520
Speaker 13: we don't know whether importers will be able to access

630
00:30:17,560 --> 00:30:22,000
Speaker 13: alternative supplies of refined products. So we're preparing for all

631
00:30:22,040 --> 00:30:26,040
Speaker 13: of those scenarios. But of course we remain hopeful that

632
00:30:26,080 --> 00:30:28,600
Speaker 13: we're in a situation where we've got enough cover where

633
00:30:28,600 --> 00:30:32,720
Speaker 13: refineries can keep producing enough fuel and our importers can

634
00:30:32,760 --> 00:30:35,200
Speaker 13: get quantities that New Zealand needs.

635
00:30:35,280 --> 00:30:36,960
Speaker 2: And by the time you get to the worst case

636
00:30:37,000 --> 00:30:40,680
Speaker 2: scenario yesterday from Treasury lasting all year, which of course

637
00:30:40,720 --> 00:30:43,880
Speaker 2: it isn't. You're into guesswork ter retreat anyway, aren't you.

638
00:30:45,120 --> 00:30:49,320
Speaker 13: Look it is all forecasters are essentially making assumptions about

639
00:30:49,320 --> 00:30:52,400
Speaker 13: the future and then plotting numbers. Treasury have given me

640
00:30:52,560 --> 00:30:56,280
Speaker 13: a range of scenarios, and the best case scenario in

641
00:30:56,320 --> 00:30:59,960
Speaker 13: which we didn't have this conflict occurring, they were forecasting

642
00:31:00,120 --> 00:31:02,560
Speaker 13: growth at a very healthy level of three percent for

643
00:31:02,640 --> 00:31:05,080
Speaker 13: the year. Yet they've then done a range of numbers

644
00:31:05,080 --> 00:31:08,080
Speaker 13: to say, well, if the conflict lasts a small while,

645
00:31:08,120 --> 00:31:11,000
Speaker 13: a medium while, a long while, how how much of

646
00:31:11,040 --> 00:31:13,600
Speaker 13: an impact could that have? But that'd be the first

647
00:31:13,600 --> 00:31:16,880
Speaker 13: to acknowledge. These forecast are guessing games at the moment

648
00:31:17,040 --> 00:31:20,200
Speaker 13: for everyone, including everyone in the world who's trying to

649
00:31:20,280 --> 00:31:21,360
Speaker 13: Forgod for see.

650
00:31:22,040 --> 00:31:24,680
Speaker 2: We play less guessing games and just like get on

651
00:31:24,720 --> 00:31:25,920
Speaker 2: with life for goodness sake.

652
00:31:26,840 --> 00:31:28,880
Speaker 13: Yeah, well, look that the government's getting on with life.

653
00:31:28,920 --> 00:31:31,600
Speaker 13: But we also have to be proactive. We have to

654
00:31:31,680 --> 00:31:34,040
Speaker 13: plan for what could be around the corner, so that

655
00:31:34,080 --> 00:31:35,240
Speaker 13: if bad things happen.

656
00:31:35,040 --> 00:31:35,480
Speaker 11: We're ready.

657
00:31:35,720 --> 00:31:37,440
Speaker 2: And when you're sitting around a table with a bunch

658
00:31:37,480 --> 00:31:39,720
Speaker 2: of journalists, one goes, you know, have you got any

659
00:31:39,760 --> 00:31:42,120
Speaker 2: tips for saving petrol? And you goble don't put your

660
00:31:42,120 --> 00:31:44,240
Speaker 2: foot on the accelerator as much, and don't put stuff

661
00:31:44,280 --> 00:31:45,960
Speaker 2: in the boot, and Labor picks it up and runs

662
00:31:46,000 --> 00:31:48,640
Speaker 2: a social media campaign. This is where we end up,

663
00:31:48,680 --> 00:31:49,040
Speaker 2: isn't it.

664
00:31:49,800 --> 00:31:52,440
Speaker 13: Yeah, look, it's very frustrating. The first thing I said

665
00:31:52,520 --> 00:31:54,680
Speaker 13: was New Zealand is a sensible They don't need me

666
00:31:54,800 --> 00:31:58,080
Speaker 13: giving lectures on how to reduce their fuel use. They

667
00:31:58,120 --> 00:32:01,440
Speaker 13: actually know these things all ready, and I'm very reluctant

668
00:32:01,520 --> 00:32:05,360
Speaker 13: to take that lecturer and chief role up. But of

669
00:32:05,400 --> 00:32:08,760
Speaker 13: course Labor being clipped it because I said something about

670
00:32:08,800 --> 00:32:10,840
Speaker 13: our people already know you do put your stuff on

671
00:32:10,880 --> 00:32:13,080
Speaker 13: the boosh or don't drive a fast So they just

672
00:32:13,120 --> 00:32:15,720
Speaker 13: took that this and pretended I was out there giving

673
00:32:15,720 --> 00:32:17,880
Speaker 13: a lesson to the world. I mean, come on, of course,

674
00:32:17,920 --> 00:32:18,840
Speaker 13: that's not what I'm going to do.

675
00:32:19,040 --> 00:32:21,880
Speaker 2: No exactly are you worried? Though? Japan says they're not

676
00:32:21,880 --> 00:32:23,760
Speaker 2: really interested in helping with the straight up and most

677
00:32:23,760 --> 00:32:27,640
Speaker 2: Germany says it's not our war that vibe that has

678
00:32:27,680 --> 00:32:29,920
Speaker 2: been sent to Trump. Does that potentially bother you?

679
00:32:31,440 --> 00:32:33,000
Speaker 13: Well, look, we do want to see the Strait of

680
00:32:33,080 --> 00:32:37,080
Speaker 13: Hormos reopened, and it will be up to all countries

681
00:32:37,120 --> 00:32:40,280
Speaker 13: to decide whether and what role they play in it.

682
00:32:40,360 --> 00:32:43,120
Speaker 13: For New Zealand's part, we haven't been asked to participate

683
00:32:43,880 --> 00:32:47,840
Speaker 13: in any particular efforts in the strait, but we're conscious

684
00:32:47,880 --> 00:32:51,080
Speaker 13: that countries will be assessing their own positions, taking a

685
00:32:51,160 --> 00:32:54,959
Speaker 13: range of actions, looking at alternative roots for oil and goods,

686
00:32:55,520 --> 00:32:57,320
Speaker 13: and I'm sure there'll be much to play out on

687
00:32:57,360 --> 00:32:58,360
Speaker 13: this in the days ahead.

688
00:32:58,680 --> 00:33:01,440
Speaker 2: Are you worried there's a new increasing amount of pressure

689
00:33:01,480 --> 00:33:05,920
Speaker 2: and action globally for relief at the petrol pump. Star

690
00:33:06,040 --> 00:33:08,960
Speaker 2: has announced heating oil relief in Britain over night, et cetera.

691
00:33:09,480 --> 00:33:11,320
Speaker 2: This builds ahead of steam and you're going to have

692
00:33:11,400 --> 00:33:13,520
Speaker 2: to be forced into acting in some way, shape or form.

693
00:33:14,560 --> 00:33:14,720
Speaker 11: Well.

694
00:33:14,760 --> 00:33:17,840
Speaker 13: Of course, in the Yukah and Europe's case, their particular

695
00:33:17,920 --> 00:33:21,479
Speaker 13: issue is that the energy and electricity prices are very

696
00:33:21,560 --> 00:33:23,760
Speaker 13: much more affected by events in the Middle East than

697
00:33:24,160 --> 00:33:27,480
Speaker 13: ours at because they're largely hydro and renewable, so they're

698
00:33:27,480 --> 00:33:31,280
Speaker 13: in a slightly different situation but look, we do expect

699
00:33:31,360 --> 00:33:35,200
Speaker 13: that worldwide, is that price at the pump goes up sharply,

700
00:33:35,560 --> 00:33:38,520
Speaker 13: that is going to have an impact on consumers, and

701
00:33:39,000 --> 00:33:41,320
Speaker 13: countries will respond in different ways. For our part, the

702
00:33:41,320 --> 00:33:44,600
Speaker 13: advice has been don't just seal a blanket universal take

703
00:33:44,600 --> 00:33:46,960
Speaker 13: off the petrol tax. In some ways, that would send

704
00:33:46,960 --> 00:33:49,880
Speaker 13: the wrong signal, and instead, if you are getting to

705
00:33:49,880 --> 00:33:52,560
Speaker 13: a point where there is acute pressure on some households,

706
00:33:52,560 --> 00:33:56,080
Speaker 13: particularly those lower income, you would be better to consider

707
00:33:56,800 --> 00:33:59,960
Speaker 13: very targeted, timely in temporary support.

708
00:34:01,120 --> 00:34:05,200
Speaker 2: Thailand has ordered civil servants to take the stairs instead

709
00:34:05,200 --> 00:34:08,560
Speaker 2: of elevators. Is it time the New Zealand government issued

710
00:34:08,719 --> 00:34:10,960
Speaker 2: orders for us to take the stairs and wear short

711
00:34:11,000 --> 00:34:11,800
Speaker 2: sleeve shirts.

712
00:34:12,640 --> 00:34:16,399
Speaker 13: No, you won't see us showing orders like that. Look,

713
00:34:16,440 --> 00:34:18,960
Speaker 13: the National Fuel Plan, which we've published a couple of

714
00:34:19,040 --> 00:34:22,680
Speaker 13: years ago, does say in some circumstances you could have

715
00:34:22,719 --> 00:34:26,600
Speaker 13: government agencies running an information campaign to give people more

716
00:34:26,600 --> 00:34:30,480
Speaker 13: information about their choices for reducing their own fuel consumption.

717
00:34:30,800 --> 00:34:33,520
Speaker 13: But we're not there yet. And as I say, look,

718
00:34:33,520 --> 00:34:36,239
Speaker 13: I'm very reluctant to take the lecturer and chief role,

719
00:34:36,840 --> 00:34:39,000
Speaker 13: and I think people can well work out for themselves that,

720
00:34:39,040 --> 00:34:41,200
Speaker 13: you know, catching a bus might be cheaper than going

721
00:34:41,200 --> 00:34:43,200
Speaker 13: in the car sometimes depending on where you live and

722
00:34:43,239 --> 00:34:45,640
Speaker 13: depending on whether a bus is available. They don't need

723
00:34:45,680 --> 00:34:47,480
Speaker 13: me telling them how to live their own lives, what

724
00:34:47,560 --> 00:34:51,160
Speaker 13: choices makes for their particular family, their particular circumstances, their

725
00:34:51,239 --> 00:34:52,239
Speaker 13: particular obligation.

726
00:34:52,440 --> 00:34:55,160
Speaker 2: Quite right. Nicola Willis the Finance Minister at is twelve

727
00:34:55,200 --> 00:34:58,720
Speaker 2: minutes past seven, coming to booze and it's delivery everything

728
00:34:58,719 --> 00:35:01,279
Speaker 2: from limiting liquor license actions to headress are serving a

729
00:35:01,280 --> 00:35:03,440
Speaker 2: bit of save with a blow drive. Virginia Nichols as

730
00:35:03,440 --> 00:35:06,120
Speaker 2: the executive director of the Alcohol Beverages Council, and as

731
00:35:06,120 --> 00:35:07,680
Speaker 2: with us, Virginia, good morning.

732
00:35:08,160 --> 00:35:09,239
Speaker 17: Yeah, good morning mate.

733
00:35:09,360 --> 00:35:12,680
Speaker 2: I can find nothing that's bad in here, can you.

734
00:35:12,719 --> 00:35:15,799
Speaker 17: No, it's very very positive news, and it's a really

735
00:35:15,840 --> 00:35:19,040
Speaker 17: good common sense approach to help improve our licensing system.

736
00:35:19,360 --> 00:35:21,520
Speaker 17: Although we think there is some room to go further

737
00:35:21,600 --> 00:35:25,480
Speaker 17: to simplify and streamline the licensing system, which we think

738
00:35:25,560 --> 00:35:28,000
Speaker 17: is actually no longer fit for purpose. Can I speak

739
00:35:28,080 --> 00:35:29,239
Speaker 17: on that, Mike?

740
00:35:29,360 --> 00:35:32,480
Speaker 2: Can I just show as yours, Virginia. I'm just here

741
00:35:32,520 --> 00:35:35,000
Speaker 2: to facilitate your thoughts.

742
00:35:35,600 --> 00:35:38,239
Speaker 17: So in New Zealand, we have district licensing committees or

743
00:35:38,280 --> 00:35:42,440
Speaker 17: DLCs they set up by sixty seven different territorial licensing

744
00:35:42,480 --> 00:35:46,200
Speaker 17: authorities or councils under the Act, and they decide licensing

745
00:35:46,239 --> 00:35:49,280
Speaker 17: matters in their district. So the industry very much supported

746
00:35:49,280 --> 00:35:52,080
Speaker 17: the intention of the Act when it delegated responsibility for

747
00:35:52,120 --> 00:35:56,480
Speaker 17: alcohol licensing to local communities. But however, it's really difficult

748
00:35:56,520 --> 00:36:01,560
Speaker 17: to get consistency across sixty seven different dlc and over

749
00:36:01,640 --> 00:36:05,560
Speaker 17: time we no longer have consistent application of licensing regulations

750
00:36:05,560 --> 00:36:08,640
Speaker 17: around New Zealand for both on license for restaurants, et

751
00:36:08,680 --> 00:36:12,400
Speaker 17: cetera and off license to the bottle stores. It's not

752
00:36:12,520 --> 00:36:14,840
Speaker 17: the fault of authorities, but it is a reflection of

753
00:36:14,880 --> 00:36:16,920
Speaker 17: an out of date and out of steps set are

754
00:36:17,000 --> 00:36:20,160
Speaker 17: rules that don't acknowledge a difference between a really good

755
00:36:20,239 --> 00:36:24,000
Speaker 17: and bad license holder and a business operator, and I'm

756
00:36:24,040 --> 00:36:25,879
Speaker 17: happy to go into that, but I think we need

757
00:36:25,960 --> 00:36:29,880
Speaker 17: open conversations around reducing the number of district licensing committees

758
00:36:29,920 --> 00:36:33,160
Speaker 17: to promote more consistency, and it's been discussed at the

759
00:36:33,160 --> 00:36:36,040
Speaker 17: moment in the Ministry of Regulations ongoing review of the

760
00:36:36,080 --> 00:36:40,160
Speaker 17: hospitality sector and it's worked to improve licensing and the

761
00:36:40,200 --> 00:36:43,000
Speaker 17: principles of this review should also consider the off license

762
00:36:43,000 --> 00:36:45,440
Speaker 17: of the bottle stores and supermarkets as well well.

763
00:36:45,480 --> 00:36:47,120
Speaker 2: I think we're on the right track at least, Virginia.

764
00:36:47,160 --> 00:36:49,160
Speaker 2: Appreciate your time. Virginia in of course, she stole the

765
00:36:49,160 --> 00:36:52,000
Speaker 2: floor from us, and when dancing didn't she fantastic? She'd

766
00:36:52,000 --> 00:36:55,480
Speaker 2: be excellent. In the documentary fourteen past seven, pass read

767
00:36:55,480 --> 00:36:57,360
Speaker 2: the list. I mean, I had eighteen questions for her,

768
00:36:57,400 --> 00:36:59,960
Speaker 2: but she stole them away from it. If you read

769
00:37:00,080 --> 00:37:02,879
Speaker 2: the list of it's all just basic common sense. Mike,

770
00:37:02,920 --> 00:37:06,520
Speaker 2: can you shed any light on the allegations Jade Paul

771
00:37:06,600 --> 00:37:09,719
Speaker 2: made about her ex husband Chris Hipkins. Media appears to

772
00:37:09,760 --> 00:37:14,600
Speaker 2: have shut this down completely. I can details In a

773
00:37:14,640 --> 00:37:18,120
Speaker 2: moment fifteen past seven.

774
00:37:17,680 --> 00:37:22,080
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio, Howard

775
00:37:22,120 --> 00:37:23,120
Speaker 1: By News talks at b.

776
00:37:24,280 --> 00:37:26,240
Speaker 2: Let me come to Hipkins. In a moment seventeen past

777
00:37:26,440 --> 00:37:28,960
Speaker 2: byd as in the Chinese ev maker are telling us

778
00:37:29,000 --> 00:37:31,360
Speaker 2: they are selling cars as fast as they sold eighty

779
00:37:31,480 --> 00:37:34,440
Speaker 2: on Saturday. Warren Wilmot as b wyd's general manager and

780
00:37:34,520 --> 00:37:37,920
Speaker 2: is with us Warren Morning, Good morning mane eighty as

781
00:37:37,920 --> 00:37:38,600
Speaker 2: opposed to what.

782
00:37:40,040 --> 00:37:42,560
Speaker 14: Well, typically on Saturday, we'd probably do between twenty and

783
00:37:42,600 --> 00:37:43,600
Speaker 14: twenty five across the.

784
00:37:43,600 --> 00:37:46,720
Speaker 2: Country, so bas on serious increase.

785
00:37:47,400 --> 00:37:49,799
Speaker 14: Absolutely, and our Australian friends are doing even better. Base

786
00:37:49,800 --> 00:37:51,920
Speaker 14: sold nine hundred and two on Saturday, which.

787
00:37:51,800 --> 00:37:52,640
Speaker 4: Is just incredible.

788
00:37:52,840 --> 00:37:55,680
Speaker 2: Hybrids or BEVs, well both.

789
00:37:55,719 --> 00:37:58,840
Speaker 14: Actually we're quite fortunate that our hybrids are super hybrids,

790
00:37:58,880 --> 00:38:00,319
Speaker 14: so you can have beasts of both world.

791
00:38:00,760 --> 00:38:03,920
Speaker 2: Okay, So I was told in general that what people

792
00:38:03,920 --> 00:38:05,759
Speaker 2: do when they going to a full BEV is they

793
00:38:05,760 --> 00:38:07,640
Speaker 2: think about it, They work through it, They work through

794
00:38:07,640 --> 00:38:10,240
Speaker 2: whether they can charge it properly, whether it fits their lifestyle,

795
00:38:10,239 --> 00:38:12,680
Speaker 2: blah blah blah. They don't come in because the price

796
00:38:12,680 --> 00:38:14,560
Speaker 2: of oil has suddenly gone up and go I'll have

797
00:38:14,640 --> 00:38:16,399
Speaker 2: a BEV. Or Am I wrong in saying that?

798
00:38:17,640 --> 00:38:19,160
Speaker 14: Well, I think you're probably right. A lot of people

799
00:38:19,200 --> 00:38:21,440
Speaker 14: do their research first. But I think what's happened is

800
00:38:21,560 --> 00:38:23,279
Speaker 14: people have been have been on the fence about buying

801
00:38:23,320 --> 00:38:26,320
Speaker 14: a new car at taking this moment now to actually

802
00:38:26,560 --> 00:38:29,440
Speaker 14: go and do that. They're doing their research. But the

803
00:38:29,719 --> 00:38:32,000
Speaker 14: thing is our super hybrids are a step into into

804
00:38:32,000 --> 00:38:33,960
Speaker 14: a full BEV. So on our seat eight you can

805
00:38:33,960 --> 00:38:36,080
Speaker 14: get one hundred and fifty k's range on EV and

806
00:38:36,080 --> 00:38:38,319
Speaker 14: then a thousand k's range and hybrid mode and you

807
00:38:38,360 --> 00:38:40,160
Speaker 14: never have to charge it. So we're seeing a big

808
00:38:40,239 --> 00:38:41,280
Speaker 14: uptake in the super vibrant.

809
00:38:41,480 --> 00:38:44,000
Speaker 2: So what you needed was not a government subsidy. You

810
00:38:44,120 --> 00:38:46,839
Speaker 2: needed a war, and the war got people and this

811
00:38:46,880 --> 00:38:47,880
Speaker 2: could be a tipping point.

812
00:38:49,120 --> 00:38:52,640
Speaker 14: Well, you know, fuel prices are good for no one.

813
00:38:52,800 --> 00:38:55,280
Speaker 14: I mean it's good for our busess, but ultimately everything,

814
00:38:55,320 --> 00:38:58,880
Speaker 14: the price of everything's going to raise. I think, you know,

815
00:38:58,920 --> 00:39:00,719
Speaker 14: the clean case of subsidy was a great thing to

816
00:39:00,719 --> 00:39:03,120
Speaker 14: get BYD into New Zealand. It probably wouldn't have been

817
00:39:03,120 --> 00:39:05,880
Speaker 14: here when it did we didn't have it subsidy, but

818
00:39:06,000 --> 00:39:08,680
Speaker 14: even better as the clean cast standard, which helps us

819
00:39:08,840 --> 00:39:11,440
Speaker 14: encourage Bydy to bring new technology to New Zealand, like

820
00:39:11,560 --> 00:39:13,920
Speaker 14: vehicle to bread, like cards that can charge in four

821
00:39:13,960 --> 00:39:16,480
Speaker 14: minutes time, like Connect the cart service.

822
00:39:17,320 --> 00:39:19,319
Speaker 2: Interesting. Warren nice to talk to. You appreciate it. Warren

823
00:39:19,360 --> 00:39:21,440
Speaker 2: will make you can't argue with. So he's doing twenty five,

824
00:39:22,000 --> 00:39:25,319
Speaker 2: they're doing eighty. So that's material. It's real interesting. Also

825
00:39:25,400 --> 00:39:27,160
Speaker 2: over the weekend, Honda announced they had a couple of

826
00:39:27,200 --> 00:39:31,360
Speaker 2: new bebs coming and a Kurra RSX was going to

827
00:39:31,360 --> 00:39:33,279
Speaker 2: start production this year. They pulled the pin on all

828
00:39:33,360 --> 00:39:36,600
Speaker 2: of them, once again, because the bottom line, the US

829
00:39:36,640 --> 00:39:39,000
Speaker 2: doesn't want bebs and they're not interested, and they may

830
00:39:39,080 --> 00:39:40,839
Speaker 2: or may not be, but maybe this is a little

831
00:39:40,840 --> 00:39:44,080
Speaker 2: bit of a tipping point. Yes, the invention of a story.

832
00:39:44,400 --> 00:39:46,840
Speaker 2: And then Chris Hepkins as well shortly seven twenty.

833
00:39:48,600 --> 00:39:53,400
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered

834
00:39:53,480 --> 00:39:55,240
Speaker 1: by News TALKSB.

835
00:39:56,480 --> 00:39:58,160
Speaker 2: Now, I'm here to help. If you're a bid manager

836
00:39:58,200 --> 00:40:00,359
Speaker 2: responding to tend as and RFPs, you know how hard

837
00:40:00,400 --> 00:40:02,680
Speaker 2: that whole business is to beat your competitors preparing that

838
00:40:02,800 --> 00:40:05,120
Speaker 2: RFP response. It's herding cats, isn't it. You get the

839
00:40:05,120 --> 00:40:07,600
Speaker 2: busney technical staff, they don't like writing, they don't write

840
00:40:07,600 --> 00:40:09,960
Speaker 2: particularly well, and you suddenly ask them to find the

841
00:40:10,040 --> 00:40:12,080
Speaker 2: time to respond on time. So you've got to avoid

842
00:40:12,120 --> 00:40:15,160
Speaker 2: reinventing the wheel of course as well every response, reuse

843
00:40:15,239 --> 00:40:17,640
Speaker 2: that existing content, make it look and sound new. That's

844
00:40:17,680 --> 00:40:20,840
Speaker 2: what you're chasing while using your corporate language and your

845
00:40:20,880 --> 00:40:23,200
Speaker 2: style in your brand towne or before meeting the RFP's

846
00:40:23,239 --> 00:40:26,319
Speaker 2: tight deadline delivery as well. So anyway, one net are

847
00:40:26,360 --> 00:40:27,640
Speaker 2: going to be able to help you out with all

848
00:40:27,719 --> 00:40:29,640
Speaker 2: of this, and you can beat your competitors by winning

849
00:40:29,680 --> 00:40:32,839
Speaker 2: those RFPs. So they've got the sister company Grizzly Grizzly AI.

850
00:40:33,360 --> 00:40:35,640
Speaker 2: So Grizzly's gone and built that safe and secure software

851
00:40:35,719 --> 00:40:38,240
Speaker 2: for the risk averse businesses and that automates the tender

852
00:40:38,280 --> 00:40:42,560
Speaker 2: in RFP responses. With AI and Grizzly software means you

853
00:40:42,560 --> 00:40:45,720
Speaker 2: can create winning proposals faster and at a lower cost

854
00:40:46,000 --> 00:40:47,799
Speaker 2: and a much higher success rate. I mean, who doesn't

855
00:40:47,800 --> 00:40:49,400
Speaker 2: want that? So if you need to beat your competitors

856
00:40:49,400 --> 00:40:51,719
Speaker 2: with the RFPs one net dot co dot MZ, write

857
00:40:51,760 --> 00:40:54,600
Speaker 2: it down one net, dot co dot NZ. You'll get

858
00:40:54,600 --> 00:40:57,839
Speaker 2: a complementary consultation that will assess how your business can

859
00:40:57,840 --> 00:41:02,480
Speaker 2: win more RFPs with Grizzly angersly powerful team for increasing

860
00:41:02,520 --> 00:41:05,920
Speaker 2: your profitability. For goodness, though, asking sevent twenty four, how

861
00:41:05,920 --> 00:41:08,160
Speaker 2: long can you peddle in an invention? There's my question

862
00:41:08,200 --> 00:41:11,160
Speaker 2: for your Friday, Friday, March sixth, the poll is out,

863
00:41:11,280 --> 00:41:13,640
Speaker 2: it's bad for national and the media has concocted the

864
00:41:13,719 --> 00:41:15,520
Speaker 2: idea that, as a result of these numbers in the

865
00:41:15,520 --> 00:41:18,000
Speaker 2: previous Monday's press conference about the war, that things have

866
00:41:18,040 --> 00:41:20,080
Speaker 2: got so bad for the Prime Minister he quote is

867
00:41:20,480 --> 00:41:25,080
Speaker 2: considering his position over the weekend they've also concluded numbers

868
00:41:25,080 --> 00:41:29,120
Speaker 2: are being crunched. Pressure is mounting, and pressure is building

869
00:41:29,120 --> 00:41:32,480
Speaker 2: for him to resign by the Monday. On this program

870
00:41:32,480 --> 00:41:35,080
Speaker 2: March nine, it is clear no such thing has happened,

871
00:41:35,120 --> 00:41:37,920
Speaker 2: No numbers were crunched, and no considering of positions has

872
00:41:37,960 --> 00:41:39,799
Speaker 2: been undertaken. Is that the end of the story. No,

873
00:41:39,880 --> 00:41:41,759
Speaker 2: it is not. It bubbles on for the rest of

874
00:41:41,760 --> 00:41:44,560
Speaker 2: the week with literally nothing happening apart from the reiteration

875
00:41:44,640 --> 00:41:46,960
Speaker 2: of what we already know not to be true. By

876
00:41:47,080 --> 00:41:50,480
Speaker 2: Thursday last week, the Herald runs an editorial declaring he

877
00:41:50,600 --> 00:41:55,200
Speaker 2: survived the week, survive from what their invention of a problem. Friday,

878
00:41:55,239 --> 00:41:58,760
Speaker 2: Peter dunwrite's a piece that calls the media invented nonsense out. Saturday,

879
00:41:58,760 --> 00:42:01,160
Speaker 2: Bruce cottal lads TV and woes to the list, but

880
00:42:01,239 --> 00:42:03,840
Speaker 2: also points to the abject absurdity of the previous Monday's

881
00:42:03,840 --> 00:42:06,680
Speaker 2: blitzkrig at the airport. As said PM and various Cabinet

882
00:42:06,680 --> 00:42:09,400
Speaker 2: members arrive in Wellington to a pack of screeching journalists

883
00:42:09,400 --> 00:42:11,480
Speaker 2: still refusing to believe that the story is entirely of

884
00:42:11,600 --> 00:42:16,640
Speaker 2: their invention. And then Yesterday, March sixteen, ten calendar days

885
00:42:16,640 --> 00:42:19,359
Speaker 2: since the Invention Radio and New Zealand were to have

886
00:42:19,400 --> 00:42:22,840
Speaker 2: two talking heads discussing how the PM survived the pressure

887
00:42:23,160 --> 00:42:27,879
Speaker 2: and the pending consideration of his position. Assuming today there

888
00:42:27,920 --> 00:42:30,480
Speaker 2: is no more, surely that has to be a record

889
00:42:30,480 --> 00:42:33,359
Speaker 2: for continuing coverage of a pile of bollocks, which leads

890
00:42:33,360 --> 00:42:36,279
Speaker 2: to the question how dangerous are our media when they

891
00:42:36,320 --> 00:42:38,280
Speaker 2: invent a story and run with it, and then, having

892
00:42:38,640 --> 00:42:41,960
Speaker 2: had it dispelled, continue to run with it new story

893
00:42:42,040 --> 00:42:44,759
Speaker 2: New week. Thereforementioned PM ahead of his specific trip asked

894
00:42:44,760 --> 00:42:48,280
Speaker 2: for a title. Not true, said the PM's office. Still

895
00:42:48,280 --> 00:42:50,680
Speaker 2: they ran with it until Monday when the Sarmaan government

896
00:42:50,680 --> 00:42:53,319
Speaker 2: said it's not true. How many times do you have

897
00:42:53,360 --> 00:42:55,280
Speaker 2: to say this story isn't true before it's not a story?

898
00:42:55,600 --> 00:42:57,400
Speaker 2: And is it true to say if a story that

899
00:42:57,520 --> 00:42:59,920
Speaker 2: isn't true is still run as a story, we might

900
00:43:00,239 --> 00:43:02,759
Speaker 2: definitely have an agenda here and a bias and a

901
00:43:02,840 --> 00:43:05,719
Speaker 2: level of dishonesty. And given that, one do they wonder

902
00:43:05,760 --> 00:43:08,719
Speaker 2: why their reputations are in tatters? And two do they

903
00:43:08,719 --> 00:43:12,400
Speaker 2: even care? Ask Eggs why you text me about hipnoes?

904
00:43:12,520 --> 00:43:14,000
Speaker 2: What do you want me to do? For God's sake?

905
00:43:15,920 --> 00:43:20,480
Speaker 2: So the missus goes on the Facebook and she says

906
00:43:20,480 --> 00:43:23,359
Speaker 2: some stuff. Now do you realize when we take Mike

907
00:43:23,600 --> 00:43:27,120
Speaker 2: media not really holding power to account, Hipkins wants to

908
00:43:27,200 --> 00:43:31,279
Speaker 2: lead our country again, yet on serious allegations of moral suitability,

909
00:43:31,320 --> 00:43:34,759
Speaker 2: everyone is looking the other way. I don't know, you

910
00:43:34,800 --> 00:43:36,719
Speaker 2: didn't put your name. Do you not know the law?

911
00:43:37,640 --> 00:43:42,400
Speaker 2: People can't go on things and just say random things

912
00:43:42,560 --> 00:43:46,839
Speaker 2: that might be illegal, because that's called libel. So if

913
00:43:46,880 --> 00:43:49,600
Speaker 2: I repeat it the random things that she says, unless

914
00:43:49,600 --> 00:43:51,640
Speaker 2: they're true, and I have no idea whether they're true,

915
00:43:53,239 --> 00:43:55,759
Speaker 2: I would be sued. Do you want me to be

916
00:43:55,880 --> 00:43:58,360
Speaker 2: sued and go to court? Do you not understand the

917
00:43:58,360 --> 00:44:01,960
Speaker 2: basic rules of life in this country? And then that

918
00:44:02,120 --> 00:44:04,640
Speaker 2: is the problem. So then the next question is if

919
00:44:04,640 --> 00:44:06,480
Speaker 2: you can go on social media and just say any

920
00:44:06,520 --> 00:44:10,799
Speaker 2: old random crap you want, does the media report that

921
00:44:11,200 --> 00:44:14,360
Speaker 2: knowing they can't say anything about it, or does the

922
00:44:14,440 --> 00:44:17,520
Speaker 2: reportage then lead you to going onto the social media?

923
00:44:17,719 --> 00:44:19,560
Speaker 2: So then you read it and then you text me

924
00:44:19,600 --> 00:44:21,560
Speaker 2: and ask me to do something about it. What is

925
00:44:21,600 --> 00:44:24,600
Speaker 2: it you want me to do about it? Apart from

926
00:44:24,680 --> 00:44:25,520
Speaker 2: end up in court?

927
00:44:26,680 --> 00:44:30,720
Speaker 1: No fluff, just facts and fierce debate. The My Hosking

928
00:44:30,719 --> 00:44:36,000
Speaker 1: Breakfast with a Vita retirement, communities, Life, your Way, news, togstead.

929
00:44:35,480 --> 00:44:38,480
Speaker 2: Be interesting thing about the Hipkins case. The broader question

930
00:44:38,760 --> 00:44:40,840
Speaker 2: is why are you allowed? And this is not a

931
00:44:40,880 --> 00:44:43,239
Speaker 2: new debate. It's just the government hasn't done anything about

932
00:44:43,280 --> 00:44:46,920
Speaker 2: it and probably won't because they probably can't. But the

933
00:44:47,000 --> 00:44:49,440
Speaker 2: question then becomes, if I come on this program and

934
00:44:49,480 --> 00:44:52,120
Speaker 2: I repeat what this woman has said, some lawyer is

935
00:44:52,160 --> 00:44:53,320
Speaker 2: going to be ringing me and we're going to be

936
00:44:53,400 --> 00:44:55,600
Speaker 2: ending up in court unless, of course it's true. If

937
00:44:55,640 --> 00:44:58,320
Speaker 2: it's proven to be true, you can't. You can't libel

938
00:44:58,400 --> 00:45:01,800
Speaker 2: un truth. But you are apparently allowed to say literally

939
00:45:01,800 --> 00:45:04,400
Speaker 2: whatever you want on social media and no one holds

940
00:45:04,400 --> 00:45:07,359
Speaker 2: anybody to account. Therefore it becomes the wild West. It's

941
00:45:07,360 --> 00:45:11,080
Speaker 2: the legal wild West. I'm constrained in what I can

942
00:45:11,120 --> 00:45:13,320
Speaker 2: say because we operate under a series of rules and

943
00:45:13,360 --> 00:45:16,960
Speaker 2: regulations in this country. We are held to account. Social media,

944
00:45:17,040 --> 00:45:19,080
Speaker 2: in no way, shape or form, is held to account.

945
00:45:19,840 --> 00:45:22,359
Speaker 2: So there's a problem for another day, not that it's

946
00:45:22,360 --> 00:45:23,399
Speaker 2: going to get sold. Twenty three.

947
00:45:23,400 --> 00:45:26,040
Speaker 9: Do you want to hear something cool? I can say

948
00:45:26,080 --> 00:45:29,120
Speaker 9: what I know about it right now if you want.

949
00:45:29,320 --> 00:45:31,920
Speaker 2: You can yep, yeah, which is nothing correct because you

950
00:45:31,920 --> 00:45:34,239
Speaker 2: don't follow the news. So twenty three minutes away from

951
00:45:34,320 --> 00:45:38,719
Speaker 2: sea I anticipated the joke twenty I've been working with

952
00:45:38,760 --> 00:45:41,200
Speaker 2: you too long, twenty three minutes, which is actually a

953
00:45:41,200 --> 00:45:44,560
Speaker 2: subject which you'd raise with somebody. Twenty three minutes away

954
00:45:44,560 --> 00:45:48,200
Speaker 2: from eight more change to health. As of July, health

955
00:45:48,239 --> 00:45:51,720
Speaker 2: decisions go back to local districts. They'll be in charge

956
00:45:51,800 --> 00:45:54,960
Speaker 2: of workforce, budget and service delivery. Health New Zealand will

957
00:45:54,960 --> 00:45:59,080
Speaker 2: still set the strategy, standards and system wide setting. The

958
00:45:59,120 --> 00:46:01,520
Speaker 2: locals will be able to higher and deployees staff without

959
00:46:01,840 --> 00:46:04,560
Speaker 2: central sign off anyway in chargeable. This is of course

960
00:46:04,560 --> 00:46:06,359
Speaker 2: the Health Minister Simming and Brown, who is with us,

961
00:46:06,440 --> 00:46:09,759
Speaker 2: good morning, good morning, mind this decentralization Do they love it,

962
00:46:09,800 --> 00:46:12,400
Speaker 2: do they want it? Do they need it?

963
00:46:12,520 --> 00:46:17,000
Speaker 11: It's absolutely needed. The previous government over centralized our health system.

964
00:46:17,400 --> 00:46:19,200
Speaker 11: This is about making sure the right decisions are being

965
00:46:19,200 --> 00:46:23,120
Speaker 11: made at the right level and absolutely putting staff closer

966
00:46:23,280 --> 00:46:25,360
Speaker 11: to the decisions and patients closer to the decisions. I

967
00:46:25,400 --> 00:46:28,080
Speaker 11: think is a good thing and will ultimately mean better

968
00:46:28,120 --> 00:46:29,040
Speaker 11: care for patients.

969
00:46:29,360 --> 00:46:32,360
Speaker 2: Right, So give me an example of a central setting

970
00:46:32,360 --> 00:46:35,200
Speaker 2: which will remain central, and an example of a local

971
00:46:35,239 --> 00:46:36,640
Speaker 2: decision that will now be local.

972
00:46:37,480 --> 00:46:41,320
Speaker 11: So An example of a central setting would be national

973
00:46:41,320 --> 00:46:44,360
Speaker 11: models of care, where Health New Zealand would put a

974
00:46:44,360 --> 00:46:48,080
Speaker 11: policy together around how certain things would be delivered nationally.

975
00:46:49,280 --> 00:46:53,239
Speaker 11: Infrastructure delivery, that's going to be remaining centrally, But when

976
00:46:53,239 --> 00:46:56,680
Speaker 11: it comes to locally, when it's clinicians working around what's

977
00:46:56,719 --> 00:46:59,960
Speaker 11: the way that we can deliver care in our region

978
00:47:00,360 --> 00:47:05,000
Speaker 11: or our district for patients on a wait list for say, ophthalmology,

979
00:47:05,160 --> 00:47:08,160
Speaker 11: or for hips and knees, looking at the staff resource

980
00:47:08,200 --> 00:47:10,839
Speaker 11: they've got, how they can best meet those needs, make

981
00:47:10,880 --> 00:47:13,400
Speaker 11: those decisions at a local level, and then get on

982
00:47:13,440 --> 00:47:17,560
Speaker 11: with delivering delivering that work by moving resource around or

983
00:47:17,600 --> 00:47:21,240
Speaker 11: making things happen those decisions have been made, either regionally

984
00:47:21,280 --> 00:47:24,719
Speaker 11: or nationally, or being able to make decisions around the

985
00:47:24,760 --> 00:47:27,520
Speaker 11: type of staff that they need to employ, those decisions

986
00:47:27,520 --> 00:47:29,879
Speaker 11: will now sit much closer to the people actually doing

987
00:47:29,880 --> 00:47:30,280
Speaker 11: the work.

988
00:47:30,480 --> 00:47:32,720
Speaker 2: See last week I read a very uplifting story hawks

989
00:47:32,760 --> 00:47:35,239
Speaker 2: by waiting times down seventy four percent. That would appear

990
00:47:35,280 --> 00:47:36,759
Speaker 2: to me to be under the old system. Doesn't the

991
00:47:36,760 --> 00:47:38,560
Speaker 2: old system work just fine? If you're waiting times are

992
00:47:38,560 --> 00:47:39,799
Speaker 2: down seventy four percent.

993
00:47:40,200 --> 00:47:43,040
Speaker 11: Well, that's a result of well, as a result of

994
00:47:43,080 --> 00:47:48,160
Speaker 11: the devolved decision making already being embedded, so that was

995
00:47:48,160 --> 00:47:50,799
Speaker 11: a that was an investment in some new kit, some

996
00:47:50,920 --> 00:47:54,640
Speaker 11: new MRI and CT scanners that had been delivered, and

997
00:47:54,680 --> 00:47:58,520
Speaker 11: then the local district being able to actually run those

998
00:47:58,560 --> 00:48:02,120
Speaker 11: longer with weekend shift and evening shifts to get more

999
00:48:02,160 --> 00:48:04,640
Speaker 11: people being able to be seen. So as this is

1000
00:48:04,680 --> 00:48:06,520
Speaker 11: being rolled out and we fully rolled out by the

1001
00:48:06,520 --> 00:48:08,600
Speaker 11: first of July, those are the types of examples that

1002
00:48:08,640 --> 00:48:11,359
Speaker 11: we're going to see more of because local leaders will

1003
00:48:11,360 --> 00:48:13,880
Speaker 11: be making decisions with their stuff to be able to

1004
00:48:13,880 --> 00:48:17,320
Speaker 11: get things done quickly and patients being seen sooner.

1005
00:48:17,680 --> 00:48:20,000
Speaker 2: Also announced this morning this twenty five million for winter

1006
00:48:20,719 --> 00:48:23,279
Speaker 2: and it involves more beds. I mean, is that an

1007
00:48:23,280 --> 00:48:25,560
Speaker 2: admission we don't have enough beds or are we just

1008
00:48:25,600 --> 00:48:27,399
Speaker 2: getting sick of every time winter comes round.

1009
00:48:27,800 --> 00:48:32,320
Speaker 11: We have an aging population and we also have a

1010
00:48:32,320 --> 00:48:35,279
Speaker 11: growing population, and so demand and demand is always higher

1011
00:48:35,280 --> 00:48:39,239
Speaker 11: in winter with winter illnesses. It's critically important that we

1012
00:48:39,280 --> 00:48:43,240
Speaker 11: are repaired. So this investment is into more staff, more beds,

1013
00:48:43,880 --> 00:48:48,000
Speaker 11: also step down facilities so that patients who who are

1014
00:48:48,000 --> 00:48:53,080
Speaker 11: older can instead of blocking up hospital beds, can be

1015
00:48:53,120 --> 00:48:57,719
Speaker 11: going into age residential care before going home again. It's

1016
00:48:57,760 --> 00:49:00,239
Speaker 11: about making sure the hospital flows that patients can be

1017
00:49:00,280 --> 00:49:00,800
Speaker 11: seen faster.

1018
00:49:00,880 --> 00:49:01,840
Speaker 15: It's part of.

1019
00:49:03,160 --> 00:49:06,719
Speaker 11: Our target to reduce waiting times in our emergency departments.

1020
00:49:07,160 --> 00:49:09,680
Speaker 2: I won't give you the full details, but I've been

1021
00:49:09,800 --> 00:49:11,680
Speaker 2: sort of loosely involved with a person who's been in

1022
00:49:11,719 --> 00:49:14,759
Speaker 2: the hospital system for a couple of weeks and I

1023
00:49:15,040 --> 00:49:19,240
Speaker 2: just cannot speak highly enough with the service that was delivered.

1024
00:49:19,280 --> 00:49:22,520
Speaker 2: I mean, it is world class. And so what I

1025
00:49:22,560 --> 00:49:24,399
Speaker 2: hear on the headlines in the news is it's all

1026
00:49:24,440 --> 00:49:27,520
Speaker 2: crap and it's all broken and it's a bust. And

1027
00:49:28,080 --> 00:49:31,480
Speaker 2: yet what I dealt with is the exact opposite. How

1028
00:49:31,560 --> 00:49:35,120
Speaker 2: much of what we hear is actually it's d carnegie

1029
00:49:35,360 --> 00:49:37,279
Speaker 2: ed and that's really where the choke point and the

1030
00:49:37,280 --> 00:49:39,600
Speaker 2: problem is. And actually the system doesn't work that badly

1031
00:49:39,640 --> 00:49:39,960
Speaker 2: at all.

1032
00:49:40,560 --> 00:49:42,480
Speaker 11: Well, I think the reality is for the vast majority

1033
00:49:42,480 --> 00:49:45,840
Speaker 11: of New Zealanders needing care, they they see the staff

1034
00:49:45,840 --> 00:49:49,759
Speaker 11: work incredibly hard and they get the care that they need. Ultimately,

1035
00:49:49,920 --> 00:49:51,800
Speaker 11: there are challenges in our house system. We have to

1036
00:49:51,880 --> 00:49:55,319
Speaker 11: continue to address those. Our emergency departments are certainly under

1037
00:49:55,440 --> 00:49:58,920
Speaker 11: a lot of strain as well as significant waitlists that

1038
00:49:58,920 --> 00:50:02,399
Speaker 11: we've still we're still working through that built up under

1039
00:50:02,400 --> 00:50:05,440
Speaker 11: the previous government. So yes, there are challenges. At by

1040
00:50:05,480 --> 00:50:08,879
Speaker 11: and large, people who need care are getting the care

1041
00:50:08,920 --> 00:50:12,320
Speaker 11: that they need, and we're incredibly grateful for the frontline doctors,

1042
00:50:12,440 --> 00:50:15,680
Speaker 11: nurses and health workers who do that on a day

1043
00:50:15,719 --> 00:50:17,520
Speaker 11: and day out basis and around the clock in our

1044
00:50:17,560 --> 00:50:20,399
Speaker 11: hospitals for New Zealanders needing the care that they need.

1045
00:50:20,600 --> 00:50:23,479
Speaker 2: Dead right, Health Ministers Simming and Brown with us this morning,

1046
00:50:23,480 --> 00:50:26,080
Speaker 2: eighteen minutes away from a past because it's true that

1047
00:50:26,080 --> 00:50:28,400
Speaker 2: Myles Hurrale will be changing his name to Steve Austin

1048
00:50:28,440 --> 00:50:30,440
Speaker 2: now that his is Aniel's salary has reached six million?

1049
00:50:30,440 --> 00:50:32,560
Speaker 2: Do you think this is his attempt to disappear into

1050
00:50:32,600 --> 00:50:34,359
Speaker 2: obscurity once he leaves Montira, Paul?

1051
00:50:34,360 --> 00:50:34,560
Speaker 18: Do you.

1052
00:50:36,520 --> 00:50:38,640
Speaker 2: Decry him as six million? If it is six million,

1053
00:50:38,680 --> 00:50:42,239
Speaker 2: I don't I reckon six million dollars about right? And

1054
00:50:42,320 --> 00:50:44,360
Speaker 2: do remember he's not taxpayer fund and he's funded by

1055
00:50:44,400 --> 00:50:46,640
Speaker 2: the dairy farmers in New Zealand and they seem perfectly happy.

1056
00:50:46,640 --> 00:50:49,120
Speaker 2: I mean, it's a garganguman job he's been doing and

1057
00:50:49,160 --> 00:50:51,680
Speaker 2: he deserves every center that. By the way, the Texter

1058
00:50:51,840 --> 00:50:55,000
Speaker 2: who texted a net and Ya, who is not spelt

1059
00:50:55,200 --> 00:51:03,160
Speaker 2: why a hoo, that would be called way, Mike, Mike,

1060
00:51:03,200 --> 00:51:06,760
Speaker 2: and yet mainstream media can report unsubstantiated and blatantly false

1061
00:51:06,760 --> 00:51:12,320
Speaker 2: allegations against Luxen differences, They're not legal. Saying someone's under pressure,

1062
00:51:12,400 --> 00:51:15,640
Speaker 2: saying somebody is taking time to consider their position, saying

1063
00:51:15,719 --> 00:51:18,840
Speaker 2: drums are beating, saying numbers have been crunched, is not legal.

1064
00:51:19,400 --> 00:51:22,480
Speaker 2: It's just rumor in innuendo. So once it crosses the

1065
00:51:22,560 --> 00:51:24,800
Speaker 2: legal line, Mike, if someone is accused of a crime

1066
00:51:25,600 --> 00:51:28,040
Speaker 2: and that accusation is reported in the media and then

1067
00:51:28,080 --> 00:51:30,600
Speaker 2: that person has proven innocent, can that person take action

1068
00:51:30,680 --> 00:51:34,799
Speaker 2: against the media. No, because that's another derivation of it.

1069
00:51:34,920 --> 00:51:38,120
Speaker 2: So when you're accused, when you say accused, you're not accused,

1070
00:51:38,120 --> 00:51:41,280
Speaker 2: you're charged. If you were charged and then found innocent,

1071
00:51:41,440 --> 00:51:46,080
Speaker 2: you were charged but assumed innocent until proven guilty, and

1072
00:51:45,640 --> 00:51:49,040
Speaker 2: that is that is in law. Therefore, saying somebody has

1073
00:51:49,080 --> 00:51:52,920
Speaker 2: been charged but has assumed until proven otherwise. So, no,

1074
00:51:53,000 --> 00:51:56,360
Speaker 2: you can't. So it depends on whether whether you cross

1075
00:51:56,400 --> 00:51:59,680
Speaker 2: a line legally or you're just peddling a bit of

1076
00:51:59,719 --> 00:52:03,320
Speaker 2: room and innuendo. Sixteen to two.

1077
00:52:03,640 --> 00:52:08,160
Speaker 1: The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered

1078
00:52:08,160 --> 00:52:09,160
Speaker 1: by the News talks at be.

1079
00:52:10,560 --> 00:52:14,279
Speaker 2: To the Texter who suggests we can use the word alleged, no,

1080
00:52:14,360 --> 00:52:20,000
Speaker 2: you're wrong. Otherwise we'd just say a whole at of

1081
00:52:20,160 --> 00:52:23,240
Speaker 2: random stuff for the fun of it and then go alleged,

1082
00:52:24,000 --> 00:52:26,400
Speaker 2: Oh it wasn't true. Well, at least we alleged it,

1083
00:52:26,920 --> 00:52:29,200
Speaker 2: by the way, weird stuff. I talked to Nicola about

1084
00:52:29,200 --> 00:52:30,920
Speaker 2: the weird stuff that's going on in the world. We'll

1085
00:52:30,920 --> 00:52:34,000
Speaker 2: talk to Rod later. So there's some heating oil relief

1086
00:52:34,160 --> 00:52:36,640
Speaker 2: in Britain announced overnight, not much of it, about fifty

1087
00:52:36,680 --> 00:52:39,359
Speaker 2: million pounds, which given the sixty six million people has

1088
00:52:39,400 --> 00:52:40,839
Speaker 2: listened to the pound of person, so I'm not sure

1089
00:52:40,880 --> 00:52:42,719
Speaker 2: what that buys. But of course the pressure will go

1090
00:52:42,800 --> 00:52:45,799
Speaker 2: on her at some point to you know, coulor the

1091
00:52:45,840 --> 00:52:48,960
Speaker 2: fuel tax, or curtail it or cap it or do something.

1092
00:52:49,080 --> 00:52:53,320
Speaker 2: China has ordered refiners to stop refined fuel exports. Japan

1093
00:52:54,160 --> 00:52:57,719
Speaker 2: was considering steps to curb gasoline prices, plans to cap

1094
00:52:57,760 --> 00:53:01,920
Speaker 2: pump prices at an average of American money two dollars

1095
00:53:02,000 --> 00:53:04,440
Speaker 2: a liter, which is not bad, so their petrol's nice

1096
00:53:04,480 --> 00:53:07,879
Speaker 2: and cheap. They've conducted a unilateral release of crude from

1097
00:53:07,920 --> 00:53:11,520
Speaker 2: their own stockpiles. South Korea, they put petroleum a price

1098
00:53:11,600 --> 00:53:13,760
Speaker 2: ceiling in place, so it can't go any higher. India

1099
00:53:13,800 --> 00:53:18,040
Speaker 2: they got major problems actually, the massive gas users liquefied petroleum.

1100
00:53:18,040 --> 00:53:19,960
Speaker 2: That's they're running the buns and burners left, right and

1101
00:53:20,000 --> 00:53:22,719
Speaker 2: center for all their cooking. So they've told the oil

1102
00:53:22,760 --> 00:53:26,680
Speaker 2: refineries to prioritize supplying liquified petroleum gas to the three

1103
00:53:26,920 --> 00:53:32,080
Speaker 2: hundred and thirty million households that use it to cook rice.

1104
00:53:32,280 --> 00:53:35,160
Speaker 2: Once you get to India, the numbers just go crazy. Thailand.

1105
00:53:36,040 --> 00:53:37,480
Speaker 2: I gave this one to Nicol. I don't know why

1106
00:53:37,480 --> 00:53:38,640
Speaker 2: she didn't pick it up and run with it. But

1107
00:53:38,719 --> 00:53:41,440
Speaker 2: Thailand say, use the stairs, not the elevator. Think of

1108
00:53:41,520 --> 00:53:44,560
Speaker 2: the long term health benefits of telling us to use

1109
00:53:44,600 --> 00:53:47,080
Speaker 2: the stairs during the war. As long as the war lasts,

1110
00:53:47,080 --> 00:53:49,160
Speaker 2: we have to use the stairs. Think of how fit

1111
00:53:49,200 --> 00:53:51,640
Speaker 2: will be because of cause all the misery merchants at

1112
00:53:51,680 --> 00:53:53,560
Speaker 2: Treasury they think the war's going to go all year.

1113
00:53:53,760 --> 00:53:55,239
Speaker 2: I mean, by the end of the year, we are

1114
00:53:55,239 --> 00:53:57,520
Speaker 2: going to be so buff it's extraordinary.

1115
00:53:57,640 --> 00:53:59,880
Speaker 9: I go step further. I'd put somebody in the basement

1116
00:54:00,160 --> 00:54:02,759
Speaker 9: a bike that's attached to a generator, and go for

1117
00:54:02,800 --> 00:54:04,920
Speaker 9: them and then run the elevator with have shifts.

1118
00:54:05,040 --> 00:54:07,160
Speaker 2: Have shifts you do half an hour older, half an hour.

1119
00:54:08,560 --> 00:54:11,040
Speaker 2: So the air conditioning wear, the short sleeve shirts. The

1120
00:54:11,080 --> 00:54:15,359
Speaker 2: Philippines and Pakistan, they've gone four day week, Bangala Dish.

1121
00:54:15,560 --> 00:54:19,200
Speaker 2: They've shifted their entire calendar. They just made up a calendar.

1122
00:54:19,760 --> 00:54:23,320
Speaker 2: And when they shifted their calendar, they moved a holiday forward,

1123
00:54:23,800 --> 00:54:25,919
Speaker 2: which allowed the universities to close early.

1124
00:54:26,000 --> 00:54:27,760
Speaker 9: So Christmas has literally come early.

1125
00:54:27,840 --> 00:54:30,040
Speaker 2: They didn't have anything you want, you shifted, But what

1126
00:54:30,080 --> 00:54:33,440
Speaker 2: the Bangladesh model says is all holidays can come anytime

1127
00:54:33,480 --> 00:54:36,560
Speaker 2: you like them. Allegedly, ten minutes away from.

1128
00:54:36,480 --> 00:54:41,160
Speaker 1: Eight, the Mike Hosking breakfast with a Vita Retirement Communities

1129
00:54:41,280 --> 00:54:42,239
Speaker 1: News togs had been.

1130
00:54:42,440 --> 00:54:44,160
Speaker 2: Seven away from it. So a couple of local winds

1131
00:54:44,200 --> 00:54:45,840
Speaker 2: in Hollywood yesterday if you didn't catch up with the

1132
00:54:45,880 --> 00:54:48,480
Speaker 2: Oscars costume designer Kate Hawley, she won for her work

1133
00:54:48,520 --> 00:54:51,480
Speaker 2: in Frankenstein. Wetter FX got Best Visual Effects for their

1134
00:54:51,520 --> 00:54:54,600
Speaker 2: work on Avatar. Matt Aiken is the WaterFX head of

1135
00:54:54,680 --> 00:54:58,560
Speaker 2: visual Effects and is well us Matt morning, yeah, yeah,

1136
00:54:58,560 --> 00:55:01,000
Speaker 2: good morning mine. You're not a in Hollywood. I take it.

1137
00:55:02,320 --> 00:55:05,399
Speaker 16: I am I am in Los Angeles. I was lucky

1138
00:55:05,480 --> 00:55:06,879
Speaker 16: enough to be at the ceremony last night.

1139
00:55:07,040 --> 00:55:08,960
Speaker 2: It looked like a boy you'd still look because I

1140
00:55:09,520 --> 00:55:11,440
Speaker 2: was going to ask, does winning ever get old? And

1141
00:55:11,480 --> 00:55:13,520
Speaker 2: looking at your reaction doesn't look like it get old,

1142
00:55:13,600 --> 00:55:15,359
Speaker 2: looks like you still enjoy it.

1143
00:55:16,680 --> 00:55:16,879
Speaker 3: Yeah.

1144
00:55:16,960 --> 00:55:24,600
Speaker 16: No, it's very special. It signifies a huge level of

1145
00:55:24,719 --> 00:55:27,279
Speaker 16: work that the crew at when it did over twelve

1146
00:55:27,360 --> 00:55:30,479
Speaker 16: hundred people at where worked on Avatar, Fire and Ash

1147
00:55:30,640 --> 00:55:33,799
Speaker 16: and this acknowledgment of all their hard work and creativity.

1148
00:55:34,320 --> 00:55:36,360
Speaker 2: How did you go out last night? Did you go

1149
00:55:36,440 --> 00:55:37,799
Speaker 2: to mister Chowles? What do you do?

1150
00:55:39,840 --> 00:55:44,799
Speaker 16: We certainly celebrated this, you know, we think that the

1151
00:55:44,800 --> 00:55:46,879
Speaker 16: work was the best work that has ever been done

1152
00:55:46,880 --> 00:55:48,759
Speaker 16: in visual effects. But you never know how it's going

1153
00:55:48,840 --> 00:55:51,280
Speaker 16: to go on the night. So we were very pleased

1154
00:55:51,320 --> 00:55:54,000
Speaker 16: when the award was announced, and we made sure that

1155
00:55:54,040 --> 00:55:58,719
Speaker 16: we celebrated appropriately afterwards. I'm sorry if I sound sounds

1156
00:55:58,760 --> 00:56:01,360
Speaker 16: slightly croaky this morning. I'm sorry, I'm a little bit dufty.

1157
00:56:01,760 --> 00:56:05,239
Speaker 2: Do not apologize for celebrations. It's it's it comes at

1158
00:56:05,239 --> 00:56:07,160
Speaker 2: an interesting time, doesn't it. I get? I mean, you

1159
00:56:07,200 --> 00:56:09,520
Speaker 2: would have heard James Cameron's comments about the movie at

1160
00:56:09,520 --> 00:56:12,120
Speaker 2: the time of release and his concerns over Warner Brothers

1161
00:56:12,120 --> 00:56:14,399
Speaker 2: and Netflix and the future of movies, et cetera, et cetera.

1162
00:56:14,719 --> 00:56:18,799
Speaker 2: What's your vibe over the big budget blockbuster that you've

1163
00:56:18,800 --> 00:56:19,560
Speaker 2: been involved in.

1164
00:56:21,680 --> 00:56:25,279
Speaker 16: Well, it's it's an interesting time in our industry. We

1165
00:56:25,280 --> 00:56:31,920
Speaker 16: we definitely have noticed since the peaks of the late teams,

1166
00:56:33,000 --> 00:56:37,919
Speaker 16: post COVID cinema tendances have dropped off. Studios are making

1167
00:56:37,960 --> 00:56:42,880
Speaker 16: fewer films. The the proposed merger between Paramounts Guide On

1168
00:56:43,000 --> 00:56:46,560
Speaker 16: to Warner Brothers Discovery is it's going to be challenging

1169
00:56:46,640 --> 00:56:49,239
Speaker 16: for us. The potentially less feature film is going to

1170
00:56:49,239 --> 00:56:53,520
Speaker 16: be made. Our our approach at whether Effects is just

1171
00:56:53,560 --> 00:56:56,440
Speaker 16: to keep doing the best quality work in the in

1172
00:56:56,520 --> 00:56:59,200
Speaker 16: the industry, in the world, and and we think that

1173
00:56:59,200 --> 00:57:03,360
Speaker 16: that will continue to attract these top projects to the facility.

1174
00:57:03,560 --> 00:57:06,040
Speaker 2: Fantastic, Well, congratulations again and I'm glad you had a

1175
00:57:06,040 --> 00:57:08,200
Speaker 2: good celebration and fly well. Matt Aiken, who is the

1176
00:57:08,239 --> 00:57:12,319
Speaker 2: wax head of visual effects from Hollywood this morning, four

1177
00:57:12,360 --> 00:57:15,040
Speaker 2: minutes away from mate, ask him like, why not invite

1178
00:57:15,040 --> 00:57:17,320
Speaker 2: Hopkins on and ask him about the allegations. I mean,

1179
00:57:18,000 --> 00:57:20,439
Speaker 2: obviously you're not up on the news. He's denied them.

1180
00:57:20,880 --> 00:57:23,560
Speaker 2: So we've got an accusation and we've got a denial,

1181
00:57:23,680 --> 00:57:26,440
Speaker 2: so there's no there's nowhere to go with us. By

1182
00:57:26,480 --> 00:57:30,800
Speaker 2: the way, carg Island, can I take some credit for this?

1183
00:57:30,920 --> 00:57:33,160
Speaker 2: In a trumpet sort of way? Was it me or

1184
00:57:33,280 --> 00:57:35,680
Speaker 2: was it me last whenever it was Wednesday or Thursday

1185
00:57:35,680 --> 00:57:39,440
Speaker 2: on the program who said watch out for carg Island

1186
00:57:39,600 --> 00:57:43,360
Speaker 2: because it hasn't been hit. Something's afoot. Stand by, sure

1187
00:57:43,440 --> 00:57:44,840
Speaker 2: enough over the weekend.

1188
00:57:45,840 --> 00:57:49,200
Speaker 3: And as you know, we attacked carg Island and knocked

1189
00:57:49,240 --> 00:57:54,240
Speaker 3: it knocked it literally destroyed everything of the island except

1190
00:57:54,240 --> 00:57:58,440
Speaker 3: for the area where the earl is. They called the pipes.

1191
00:57:58,560 --> 00:58:01,720
Speaker 3: We left the pipes. We didn't want to do that,

1192
00:58:01,840 --> 00:58:03,800
Speaker 3: but we will do that. We can do that on

1193
00:58:04,680 --> 00:58:09,320
Speaker 3: five minutes notice. It'll be over. But for purposes of

1194
00:58:10,800 --> 00:58:14,120
Speaker 3: someday rebuilding that country. I guess we did the right thing.

1195
00:58:14,760 --> 00:58:18,120
Speaker 3: But it's uh, it may not stay that way. Just

1196
00:58:18,200 --> 00:58:20,320
Speaker 3: one simple word and the pipes will be gone to

1197
00:58:20,440 --> 00:58:22,200
Speaker 3: but it'll take a long time to rebuild that.

1198
00:58:22,920 --> 00:58:26,960
Speaker 2: I call it the pipes. He's in Sinai. He is

1199
00:58:27,200 --> 00:58:30,480
Speaker 2: literally mental. I call it the pipes. I blew it

1200
00:58:30,520 --> 00:58:31,000
Speaker 2: all up.

1201
00:58:31,560 --> 00:58:32,520
Speaker 9: Oh maybe I didn't.

1202
00:58:32,800 --> 00:58:36,200
Speaker 2: Oh maybe not, but I could. This war could be over.

1203
00:58:37,040 --> 00:58:43,440
Speaker 2: Now it's over. No kidding? What do you do?

1204
00:58:44,400 --> 00:58:44,680
Speaker 19: Sup?

1205
00:58:46,200 --> 00:58:48,920
Speaker 2: Is this an I generation? Is this real? Is any

1206
00:58:48,960 --> 00:58:54,120
Speaker 2: of this real? Are we here? Hello? Are we here?

1207
00:58:55,240 --> 00:59:02,640
Speaker 1: News is mixed, asking the questions others won't the mic asking,

1208
00:59:02,680 --> 00:59:08,200
Speaker 1: Breakfast with Ranger of a Sport SV the Ultimate Performance SUV, News, Togs, eDV,

1209
00:59:09,000 --> 00:59:09,440
Speaker 1: My Love.

1210
00:59:09,480 --> 00:59:12,640
Speaker 2: Jack can lol Key seven past eight. Fun in Facts

1211
00:59:12,680 --> 00:59:15,160
Speaker 2: Still as in the Power Tools are celebrating one hundred

1212
00:59:15,200 --> 00:59:17,520
Speaker 2: years this year. They've been here for forty of those

1213
00:59:17,560 --> 00:59:19,840
Speaker 2: in New Zealand. That was founded by Andrea Still. This

1214
00:59:19,960 --> 00:59:22,560
Speaker 2: is back in nineteen twenty six. These days his grandson,

1215
00:59:22,600 --> 00:59:25,400
Speaker 2: doctor Nicholas Still is chair of the advisory board and

1216
00:59:25,480 --> 00:59:27,920
Speaker 2: the Supervisory Board and doctor Nicholas Still is in the

1217
00:59:27,960 --> 00:59:30,080
Speaker 2: country and he is with us. Good morning to you,

1218
00:59:30,360 --> 00:59:33,360
Speaker 2: Good morning mate. Now the slight coughing in the background

1219
00:59:33,360 --> 00:59:34,720
Speaker 2: there was you are you going to be okay for

1220
00:59:34,760 --> 00:59:38,120
Speaker 2: the interview? Will you will survive? You will survive the experience?

1221
00:59:38,160 --> 00:59:38,560
Speaker 18: I will?

1222
00:59:38,600 --> 00:59:41,840
Speaker 2: I will? You started. Here's the thing, so full declaration.

1223
00:59:42,640 --> 00:59:44,680
Speaker 2: I'm one of you biggest fans. No one has more

1224
00:59:44,720 --> 00:59:47,800
Speaker 2: Still equipment in my garage than I do. But what

1225
00:59:47,920 --> 00:59:51,720
Speaker 2: I don't have is a chainsaw, which is where you began. Yes,

1226
00:59:52,000 --> 00:59:53,640
Speaker 2: you only made chainsaws.

1227
00:59:53,880 --> 00:59:57,800
Speaker 19: We only made chainsaw. My grandfather basically invented the thing,

1228
00:59:58,280 --> 01:00:05,600
Speaker 19: and and well back then it was the lightweight unit

1229
01:00:05,800 --> 01:00:09,439
Speaker 19: was weighing forty four kilograms, so it really took took

1230
01:00:09,440 --> 01:00:13,600
Speaker 19: people to operate it. But from then on, I think

1231
01:00:13,640 --> 01:00:17,040
Speaker 19: we've come along way to pack the same power into

1232
01:00:17,080 --> 01:00:18,120
Speaker 19: a much much later.

1233
01:00:18,760 --> 01:00:21,680
Speaker 2: When did you branch out into other things beyond chainsaws?

1234
01:00:22,080 --> 01:00:27,959
Speaker 19: I think it was in the sixties sometimes after the war.

1235
01:00:28,080 --> 01:00:32,680
Speaker 19: My grandfather started to build tractors, if you believe, If

1236
01:00:32,720 --> 01:00:36,440
Speaker 19: you believe it, and my father always told me that

1237
01:00:36,560 --> 01:00:41,520
Speaker 19: his best and first business decision was to get his

1238
01:00:41,880 --> 01:00:46,520
Speaker 19: father to bury the tractors again and concentrate and focus

1239
01:00:46,600 --> 01:00:52,720
Speaker 19: on the chainsaws. And then later on my father decided

1240
01:00:52,760 --> 01:00:56,680
Speaker 19: to use the engine knowledge that he had acquired with

1241
01:00:57,280 --> 01:00:59,960
Speaker 19: the chainsaws and try to build other.

1242
01:01:00,160 --> 01:01:03,080
Speaker 2: Our power tools. Were you always going to be in

1243
01:01:03,120 --> 01:01:04,120
Speaker 2: the business, Yes.

1244
01:01:04,360 --> 01:01:09,400
Speaker 19: Always. As a child I played in the factory, which

1245
01:01:09,440 --> 01:01:13,080
Speaker 19: you can't, of course do it today because of security regulations.

1246
01:01:13,120 --> 01:01:16,360
Speaker 19: Back then, it was all healthy for you if and

1247
01:01:16,520 --> 01:01:20,080
Speaker 19: nobody cared and I always wanted to be in the business.

1248
01:01:20,360 --> 01:01:23,640
Speaker 2: What's your view generally, because you're not the only one,

1249
01:01:23,840 --> 01:01:26,600
Speaker 2: your father, I think your siblings are on the board

1250
01:01:26,600 --> 01:01:29,200
Speaker 2: and so on and so forth. What's your view of

1251
01:01:29,680 --> 01:01:34,600
Speaker 2: family run businesses as a model versus hiring the best

1252
01:01:34,600 --> 01:01:36,040
Speaker 2: talent that aren't family.

1253
01:01:36,640 --> 01:01:45,280
Speaker 19: Well, it's generally we do both. But family run businesses

1254
01:01:45,560 --> 01:01:54,040
Speaker 19: they simply can take strategic decisions better than publicly owned

1255
01:01:54,080 --> 01:02:00,200
Speaker 19: companies because well, we are not. We don't report to

1256
01:02:01,000 --> 01:02:08,200
Speaker 19: any boards outside of the family, So it's it's we can.

1257
01:02:08,440 --> 01:02:11,960
Speaker 19: We are independent and in the long run, at least

1258
01:02:12,040 --> 01:02:14,800
Speaker 19: for us, that has been a lot better.

1259
01:02:15,200 --> 01:02:18,240
Speaker 2: The quality story, which is what you're known for. You

1260
01:02:18,320 --> 01:02:22,560
Speaker 2: make tools that last, Yes, it was that from day one.

1261
01:02:22,880 --> 01:02:26,160
Speaker 19: Bar plan, Yes, that was that was from day one

1262
01:02:26,600 --> 01:02:30,680
Speaker 19: the plan. My father, my grandfather always said our tools

1263
01:02:30,720 --> 01:02:33,280
Speaker 19: are only as good at the service that comes with it.

1264
01:02:33,560 --> 01:02:37,920
Speaker 19: So it's it's even even the thing that we do

1265
01:02:38,080 --> 01:02:42,080
Speaker 19: with our servicing dealers. That is basically from day one,

1266
01:02:42,200 --> 01:02:43,400
Speaker 19: the idea and the model.

1267
01:02:43,600 --> 01:02:46,240
Speaker 2: Give us some metrics. How big are you, where are you?

1268
01:02:46,360 --> 01:02:48,480
Speaker 2: What do you sell your manufacture?

1269
01:02:48,600 --> 01:02:49,560
Speaker 5: Yes, we.

1270
01:02:51,440 --> 01:02:55,160
Speaker 19: Now have a turnover of five point five billion euros.

1271
01:02:55,440 --> 01:03:01,560
Speaker 19: I don't know how much that is. We employ approximately

1272
01:03:01,680 --> 01:03:06,280
Speaker 19: twenty thousand people worldwide. We manufacture in eight countries all

1273
01:03:06,320 --> 01:03:12,000
Speaker 19: over the globe, and yeah, we produce I think about

1274
01:03:12,000 --> 01:03:14,840
Speaker 19: fifteen million powerheads each year.

1275
01:03:15,200 --> 01:03:18,200
Speaker 2: How do you control that? The bigger you get, how

1276
01:03:18,240 --> 01:03:20,200
Speaker 2: do you control them? Well, we.

1277
01:03:21,680 --> 01:03:24,680
Speaker 19: Just grow organically, so it's fairly easy.

1278
01:03:25,440 --> 01:03:27,040
Speaker 2: Are you a growth company still?

1279
01:03:27,240 --> 01:03:32,760
Speaker 19: Yes, yes, we keep on growing and we've grown last year,

1280
01:03:33,560 --> 01:03:37,560
Speaker 19: and that wasn't easy because of the world economy, but

1281
01:03:37,920 --> 01:03:38,360
Speaker 19: we did.

1282
01:03:38,840 --> 01:03:40,720
Speaker 2: Are you part of the economic story in that sense?

1283
01:03:40,760 --> 01:03:43,520
Speaker 2: Will people buy more equipment or less equipment depending on

1284
01:03:43,560 --> 01:03:45,960
Speaker 2: their personal economic circumstances.

1285
01:03:46,360 --> 01:03:50,080
Speaker 19: In a way, yes, especially when it comes to domestic users.

1286
01:03:50,680 --> 01:03:52,680
Speaker 19: On the other hand, we have a lot of professional

1287
01:03:52,800 --> 01:03:57,840
Speaker 19: users that use our products to earn their living, so

1288
01:03:58,360 --> 01:04:00,480
Speaker 19: they just need to keep on paying.

1289
01:04:00,680 --> 01:04:03,640
Speaker 2: What's the split with commercial versus domestic.

1290
01:04:03,920 --> 01:04:08,880
Speaker 19: In unit cells, it's about twenty five percent professional seventy

1291
01:04:08,880 --> 01:04:12,240
Speaker 19: five percent domestic. But of course in money.

1292
01:04:11,960 --> 01:04:15,800
Speaker 2: It's they was with the commercial would spend a great

1293
01:04:15,800 --> 01:04:17,800
Speaker 2: deal more the number you gave me off here on

1294
01:04:17,880 --> 01:04:21,480
Speaker 2: the battery I'm fascinated with. So so the battery evolution

1295
01:04:22,480 --> 01:04:24,120
Speaker 2: started win for your company?

1296
01:04:24,320 --> 01:04:28,480
Speaker 19: Well, we decided to go into battery in two thousand

1297
01:04:28,520 --> 01:04:32,640
Speaker 19: and eight when we realized that the batteries were becoming

1298
01:04:32,720 --> 01:04:36,840
Speaker 19: good enough to actually power an adult power tool, and

1299
01:04:37,640 --> 01:04:40,920
Speaker 19: from then on it has been evolving ever since. We

1300
01:04:41,040 --> 01:04:45,400
Speaker 19: now sell twenty seven percent of our worldwide unit sales

1301
01:04:45,960 --> 01:04:47,320
Speaker 19: as battery powered tools.

1302
01:04:47,360 --> 01:04:49,400
Speaker 2: Yeah, that surprised me. That's a low It struck me

1303
01:04:49,480 --> 01:04:52,440
Speaker 2: as a low number. I'm a recent convert. If I

1304
01:04:52,480 --> 01:04:54,880
Speaker 2: am a convert, but I bought some battery stuff recently.

1305
01:04:55,560 --> 01:04:58,240
Speaker 2: What's holding it back from being one hundred percent.

1306
01:04:59,040 --> 01:05:02,760
Speaker 19: It's really handing on the country. We have countries like

1307
01:05:02,840 --> 01:05:06,680
Speaker 19: New Zealand where we already sell more than half of

1308
01:05:06,760 --> 01:05:11,640
Speaker 19: all our units as battery, but especially in developing countries

1309
01:05:11,720 --> 01:05:16,680
Speaker 19: where the only about two percent of the people are

1310
01:05:16,680 --> 01:05:17,600
Speaker 19: buying battery.

1311
01:05:17,400 --> 01:05:19,440
Speaker 2: And is that what is that psychological? Is it?

1312
01:05:19,440 --> 01:05:19,480
Speaker 3: No?

1313
01:05:19,640 --> 01:05:25,400
Speaker 19: I think it's infrastructure. If you're in the jungle somewhere.

1314
01:05:25,880 --> 01:05:26,800
Speaker 2: You can't plug it in.

1315
01:05:27,160 --> 01:05:28,040
Speaker 19: You can't plug it in.

1316
01:05:28,120 --> 01:05:30,360
Speaker 2: You need the petrol more than just a couple of moments.

1317
01:05:30,400 --> 01:05:32,240
Speaker 2: Doctor Nichol is still thirteen past eight.

1318
01:05:33,240 --> 01:05:37,760
Speaker 1: The Mi Hosking Breakfast Full Show podcast on iHeartRadio powered

1319
01:05:37,840 --> 01:05:38,520
Speaker 1: by News.

1320
01:05:38,320 --> 01:05:42,000
Speaker 2: Talks b U S Talks sixteen past eight. Our guest

1321
01:05:42,160 --> 01:05:45,320
Speaker 2: is doctor Nichol is still as they celebrate one hundred

1322
01:05:45,400 --> 01:05:48,280
Speaker 2: years and breaking and exciting news. In the ad break,

1323
01:05:48,320 --> 01:05:52,480
Speaker 2: I discover it's unique to New Zealand. The franchise system

1324
01:05:53,240 --> 01:05:57,320
Speaker 2: that I thought you ran is only run in this country. Yes,

1325
01:05:57,720 --> 01:05:58,320
Speaker 2: it's a.

1326
01:05:58,440 --> 01:06:02,880
Speaker 19: New Zealand invention by the dealers of New Zealand.

1327
01:06:03,360 --> 01:06:05,640
Speaker 2: Is that why it's so successful here? Because it is

1328
01:06:06,400 --> 01:06:08,760
Speaker 2: indisputably successful here? Yes it is.

1329
01:06:09,040 --> 01:06:13,360
Speaker 19: And I think it is so successful because our dealers

1330
01:06:13,400 --> 01:06:17,920
Speaker 19: have created that really really powerful retail brand for themselves

1331
01:06:18,600 --> 01:06:22,480
Speaker 19: with all with all the ideas, with all the enthusiasm

1332
01:06:22,680 --> 01:06:28,720
Speaker 19: that goes with it, and it's I think it's a

1333
01:06:28,760 --> 01:06:30,440
Speaker 19: really fascinating success story.

1334
01:06:30,640 --> 01:06:32,840
Speaker 2: I can't work out whether I'm a fan of franchises

1335
01:06:32,920 --> 01:06:35,840
Speaker 2: or not, because you're buying into something and the risk

1336
01:06:35,920 --> 01:06:37,640
Speaker 2: you take as a person buying in is it can

1337
01:06:37,680 --> 01:06:39,760
Speaker 2: become a cult or whatever, you know, and you've got

1338
01:06:39,760 --> 01:06:42,320
Speaker 2: to follow the rules and not be yourself. And yet

1339
01:06:42,440 --> 01:06:45,840
Speaker 2: in this particular scenario it works. How does it work internationally?

1340
01:06:45,880 --> 01:06:48,240
Speaker 2: If you don't run a franchise, they work for you.

1341
01:06:48,600 --> 01:06:53,160
Speaker 19: Yes they are, of course, all of them are independent dealers.

1342
01:06:53,520 --> 01:06:56,640
Speaker 19: Of course, the same as here in New Zealand, but

1343
01:06:58,720 --> 01:07:02,400
Speaker 19: they carry steel By. We don't have a retail brand

1344
01:07:02,400 --> 01:07:08,680
Speaker 19: internationally called Still Shop. Everybody you find Mike's mowers and.

1345
01:07:09,760 --> 01:07:12,560
Speaker 2: Sell some still stuff. Yes, see, why don't you just

1346
01:07:12,560 --> 01:07:16,480
Speaker 2: implement that everywhere? You can't because because the beauty of

1347
01:07:16,560 --> 01:07:19,280
Speaker 2: going into a shop, that the only place you can

1348
01:07:19,280 --> 01:07:22,520
Speaker 2: buy that stuff is at the shop. Yes, that strikes

1349
01:07:22,520 --> 01:07:23,360
Speaker 2: me as very powerful.

1350
01:07:23,760 --> 01:07:27,200
Speaker 19: It is, and I think it would be a good idea,

1351
01:07:27,240 --> 01:07:32,560
Speaker 19: but only really, only if it is completely voluntary. And

1352
01:07:33,880 --> 01:07:36,600
Speaker 19: most of our dealers are also family on companies like

1353
01:07:36,680 --> 01:07:40,320
Speaker 19: we are, and they want to run their own companies

1354
01:07:40,440 --> 01:07:44,120
Speaker 19: the way they want their companies to be run fair enough.

1355
01:07:45,120 --> 01:07:47,240
Speaker 2: Do you know the name James Dyson as an hair

1356
01:07:47,320 --> 01:07:50,200
Speaker 2: dryers right so I'm interviewing him. He said, the only

1357
01:07:50,480 --> 01:07:52,880
Speaker 2: thing they can't make with a battery is the hair dryer,

1358
01:07:52,880 --> 01:07:56,080
Speaker 2: because the battery needs to be small, needs to be

1359
01:07:56,240 --> 01:07:58,760
Speaker 2: like weight enough, and it needs to produce enough power

1360
01:07:58,760 --> 01:08:01,000
Speaker 2: to be a hair dryer. He can't crack. I'm in

1361
01:08:01,080 --> 01:08:03,160
Speaker 2: your store the other day. You're making a chainsaw, so

1362
01:08:03,200 --> 01:08:05,160
Speaker 2: that blows me. I've thought you'd never be able to

1363
01:08:05,200 --> 01:08:09,560
Speaker 2: make a battery powered chainsaw and yet you can, well, apparently.

1364
01:08:09,360 --> 01:08:14,480
Speaker 19: Yes we can and we will, and the batteries are

1365
01:08:14,560 --> 01:08:20,200
Speaker 19: growing ever more powerful. So yes, right now we have

1366
01:08:20,840 --> 01:08:23,559
Speaker 19: I think chain saws that run up to three and

1367
01:08:23,560 --> 01:08:28,160
Speaker 19: a half Killer Whites, which is already quite something. But

1368
01:08:28,760 --> 01:08:32,240
Speaker 19: in the future we will be able to even produce

1369
01:08:33,160 --> 01:08:36,880
Speaker 19: high powered professional chain sellars with the batteries that are

1370
01:08:37,040 --> 01:08:38,160
Speaker 19: that are in the pipeline.

1371
01:08:38,200 --> 01:08:41,679
Speaker 2: Are you on the same trajectory as car companies broadly

1372
01:08:41,760 --> 01:08:44,840
Speaker 2: in the idea that you need smaller, lighter, more powerful,

1373
01:08:45,280 --> 01:08:47,680
Speaker 2: and the recharge needs to be something where people go,

1374
01:08:47,960 --> 01:08:48,799
Speaker 2: that's the answer.

1375
01:08:49,040 --> 01:08:53,720
Speaker 19: Yes, that's the answer. And what we can do and

1376
01:08:53,800 --> 01:08:57,240
Speaker 19: the cars cannot is we can keep on running because

1377
01:08:57,240 --> 01:09:03,520
Speaker 19: we swap batteries. Yeah, and so all you need is

1378
01:09:03,120 --> 01:09:08,160
Speaker 19: is a large battery and a fast charger and two

1379
01:09:08,240 --> 01:09:11,600
Speaker 19: batteries to get you through the day because once you

1380
01:09:11,720 --> 01:09:14,920
Speaker 19: use one battery and the other one gets charged and

1381
01:09:15,000 --> 01:09:16,400
Speaker 19: so you're.

1382
01:09:15,840 --> 01:09:19,040
Speaker 2: Off and running. Yeah, you're when you you worked for Mercedes,

1383
01:09:19,080 --> 01:09:21,519
Speaker 2: didn't you. Yes, this is completely off the subject. That's

1384
01:09:21,520 --> 01:09:24,840
Speaker 2: a very engineer because because I'm because I'm a I'm

1385
01:09:24,840 --> 01:09:27,720
Speaker 2: a car freak. It seemed to me that you were

1386
01:09:27,720 --> 01:09:30,760
Speaker 2: in the development of a twelve cylinder engine. Yes, that

1387
01:09:30,880 --> 01:09:32,720
Speaker 2: was twelve Was that the one?

1388
01:09:33,920 --> 01:09:34,120
Speaker 15: Yes?

1389
01:09:34,600 --> 01:09:37,839
Speaker 19: Yes, that was that was the very first twelve cylinder.

1390
01:09:38,400 --> 01:09:39,320
Speaker 19: Missie is dead for.

1391
01:09:39,800 --> 01:09:41,920
Speaker 2: Its not just a twelve cyl the Mercedes. For people

1392
01:09:41,920 --> 01:09:45,040
Speaker 2: listening to this thinking I've gone nuts, the Mercedes twelve

1393
01:09:45,040 --> 01:09:50,000
Speaker 2: cylinder was the twelve cylinder engine. Yes, so you were

1394
01:09:50,040 --> 01:09:52,479
Speaker 2: part of the development of that engine. Yes, it was.

1395
01:09:52,600 --> 01:09:55,840
Speaker 2: It's one of the greatest contributions to modern motoring. Thank you,

1396
01:09:55,880 --> 01:09:57,240
Speaker 2: in the history of modern motoring.

1397
01:09:57,280 --> 01:09:57,639
Speaker 19: Thank you.

1398
01:09:57,720 --> 01:10:00,000
Speaker 2: Everybody wanted a V twelve Mercedes.

1399
01:10:00,000 --> 01:10:02,120
Speaker 19: He injured and it was a lot of fun doing it.

1400
01:10:02,640 --> 01:10:04,639
Speaker 2: Why do you even make chainsaws? I would have.

1401
01:10:07,040 --> 01:10:10,080
Speaker 19: Because I'm I'm a still What do you do?

1402
01:10:10,200 --> 01:10:12,320
Speaker 2: What do you do? Listen, enjoy your time in the country.

1403
01:10:12,400 --> 01:10:15,960
Speaker 2: I know it's not long, but congratulations on all your success.

1404
01:10:16,320 --> 01:10:18,000
Speaker 19: Nice to talk to you.

1405
01:10:18,000 --> 01:10:20,559
Speaker 2: Doctor Nicholas Still. It is twenty one minutes past eight.

1406
01:10:21,640 --> 01:10:25,000
Speaker 1: My costing breakfast with range of a sport SV use

1407
01:10:25,040 --> 01:10:25,519
Speaker 1: tok's dead.

1408
01:10:25,560 --> 01:10:29,200
Speaker 2: V Now carpets, what happens with carpets? They get dirty.

1409
01:10:29,240 --> 01:10:30,680
Speaker 2: There's a fact of life. You got the kids, you

1410
01:10:30,760 --> 01:10:32,559
Speaker 2: got the pence, you got winter mud track through the

1411
01:10:32,600 --> 01:10:34,600
Speaker 2: house and what do you do pay someone hundreds of

1412
01:10:34,640 --> 01:10:36,360
Speaker 2: dollars to clean them. So there is a better way.

1413
01:10:36,360 --> 01:10:38,080
Speaker 2: What's that better way? The better way is RUG docked

1414
01:10:38,120 --> 01:10:41,080
Speaker 2: In New Zealand's most trusted carpet cleaning machine. There's a

1415
01:10:41,080 --> 01:10:42,880
Speaker 2: reason for that. Forty six years they've been doing this.

1416
01:10:43,320 --> 01:10:45,639
Speaker 2: They're family owned, which we love, the Kiwi operation which

1417
01:10:45,640 --> 01:10:47,680
Speaker 2: we love even more. So here's what we love. You

1418
01:10:47,800 --> 01:10:49,479
Speaker 2: hire the machine, you do it yourself, so you do

1419
01:10:49,520 --> 01:10:51,880
Speaker 2: it when it suits you, not win some contract to

1420
01:10:51,880 --> 01:10:54,280
Speaker 2: can fit you in three weeks from now. So easy

1421
01:10:54,360 --> 01:10:57,000
Speaker 2: to use. Of course, it is professional results, yes it is.

1422
01:10:57,320 --> 01:11:01,120
Speaker 2: So it's not just about carpets or upholstery, indo car seats,

1423
01:11:01,160 --> 01:11:03,160
Speaker 2: do the boat, the motor home, all of it. So

1424
01:11:03,200 --> 01:11:04,840
Speaker 2: it brings it all back to life, makes it look

1425
01:11:04,840 --> 01:11:07,120
Speaker 2: new again and you get the satisfaction of doing it

1426
01:11:07,160 --> 01:11:09,519
Speaker 2: yourself and saving money while you're at it, which is smart,

1427
01:11:09,520 --> 01:11:12,479
Speaker 2: it's sensible, it is value. So if your carpets look tired,

1428
01:11:12,680 --> 01:11:15,000
Speaker 2: don't pay through the nose for someone else to do

1429
01:11:15,040 --> 01:11:17,200
Speaker 2: what you can do yourself. For goodness sake, Rug doctor

1430
01:11:17,200 --> 01:11:20,320
Speaker 2: dot co dot z you got it. Rug doctor dot

1431
01:11:20,360 --> 01:11:25,240
Speaker 2: co dot z oscy now come on, superb Mike fascinating

1432
01:11:25,280 --> 01:11:29,320
Speaker 2: interview with doctor Still. Thanks David Well. That interview made

1433
01:11:29,360 --> 01:11:31,559
Speaker 2: a pleasant change from the usual offering of a sports

1434
01:11:31,560 --> 01:11:34,800
Speaker 2: star or vaguely known country and Western singer. I love

1435
01:11:34,920 --> 01:11:37,720
Speaker 2: being damned with front pay faint praise. That's one of

1436
01:11:37,720 --> 01:11:39,479
Speaker 2: my favorite things in the world. I just hope every

1437
01:11:39,560 --> 01:11:42,280
Speaker 2: day that I get damned with some faint praise. Well done, Mike,

1438
01:11:42,320 --> 01:11:45,320
Speaker 2: another informative, an interesting interview. You always do your research

1439
01:11:45,360 --> 01:11:47,160
Speaker 2: before you have guests on I do, Andie, thank you

1440
01:11:47,280 --> 01:11:51,080
Speaker 2: very much for that brilliant, interesting interview. Thanks Mike. Best

1441
01:11:51,080 --> 01:11:55,000
Speaker 2: interview ever, I don't think so. I don't think it

1442
01:11:55,040 --> 01:11:57,559
Speaker 2: was the best ever. It was good. He's a likable guy,

1443
01:11:57,880 --> 01:11:59,160
Speaker 2: but I don't think it was the best ever.

1444
01:11:59,640 --> 01:12:02,439
Speaker 9: Probably the guest that I've had more techs about than

1445
01:12:02,439 --> 01:12:03,719
Speaker 9: any other guests we've ever had.

1446
01:12:03,840 --> 01:12:05,519
Speaker 2: That's well. They certainly got a lot of guests. You

1447
01:12:05,560 --> 01:12:07,800
Speaker 2: got is the lot of family members? Is it all

1448
01:12:07,840 --> 01:12:08,880
Speaker 2: still shop owners round you?

1449
01:12:09,479 --> 01:12:12,280
Speaker 9: There's kind of the family. I think that think of

1450
01:12:12,320 --> 01:12:13,439
Speaker 9: themselves as being.

1451
01:12:13,760 --> 01:12:16,000
Speaker 2: Part of the part of the can The one thing

1452
01:12:16,040 --> 01:12:19,880
Speaker 2: I was worried about is because I'm a fan of Still,

1453
01:12:20,600 --> 01:12:23,360
Speaker 2: and because they advertise on the station a lot I

1454
01:12:23,400 --> 01:12:25,360
Speaker 2: thought this is going to sound like an AD, so

1455
01:12:25,479 --> 01:12:27,320
Speaker 2: I wanted to avoid it being an AD. But then

1456
01:12:27,360 --> 01:12:29,760
Speaker 2: when I read yesterday, I mean, honestly, I know I'm

1457
01:12:29,800 --> 01:12:31,880
Speaker 2: boring when it comes to cars and everything, but the

1458
01:12:32,040 --> 01:12:35,559
Speaker 2: M one twenty engine. If you know anything about cars,

1459
01:12:35,600 --> 01:12:39,360
Speaker 2: the M one twenty, the V twelve, get yourself an

1460
01:12:39,400 --> 01:12:42,920
Speaker 2: s sixty five, get yourself an SL sixty five, get

1461
01:12:42,960 --> 01:12:46,400
Speaker 2: yourself anything with a sixty sixty five in it. The

1462
01:12:46,520 --> 01:12:52,280
Speaker 2: V twelve was the holy grail of engines, and that

1463
01:12:52,360 --> 01:12:57,280
Speaker 2: guy who does line trummers and hedge trummers was behind

1464
01:12:57,600 --> 01:13:00,240
Speaker 2: inventing one, or helping invent one of the great things

1465
01:13:00,280 --> 01:13:01,200
Speaker 2: of modern motoring.

1466
01:13:01,360 --> 01:13:03,320
Speaker 9: But also, at the risk of sounding like an AD,

1467
01:13:03,640 --> 01:13:05,759
Speaker 9: like the leaf blower, the battery powered leaf blower.

1468
01:13:05,880 --> 01:13:10,080
Speaker 2: I agree, it's like driving the twelve Mercedes. I agree.

1469
01:13:10,120 --> 01:13:13,400
Speaker 9: I see other people out there with their percent little ones.

1470
01:13:13,800 --> 01:13:15,840
Speaker 2: I did say to them that I bought the other

1471
01:13:15,920 --> 01:13:18,439
Speaker 2: day a battery powered line trommer, and I'm not happy

1472
01:13:18,479 --> 01:13:20,639
Speaker 2: with it. That wiped the smile off his face.

1473
01:13:21,280 --> 01:13:23,320
Speaker 9: But anyway, Oh, that sounds like something we need to

1474
01:13:23,360 --> 01:13:24,160
Speaker 9: hear more details about.

1475
01:13:24,200 --> 01:13:25,600
Speaker 2: I think I'm going to have to hit Facebook and

1476
01:13:25,640 --> 01:13:29,439
Speaker 2: make some allegations news shortly parent news.

1477
01:13:29,280 --> 01:13:38,040
Speaker 1: Talks, opinion, edit, informed, unapologetic in the Mic Hosking Breakfast

1478
01:13:38,320 --> 01:13:42,560
Speaker 1: with Bailey's real Estate all together better across residential, commercial

1479
01:13:42,640 --> 01:13:44,559
Speaker 1: and rural news togs Head be As.

1480
01:13:44,479 --> 01:13:46,960
Speaker 2: We mentioned this morning with Nikola Willis earlier on, she

1481
01:13:47,120 --> 01:13:49,080
Speaker 2: is not for turning at this current point in time

1482
01:13:49,120 --> 01:13:52,639
Speaker 2: and any sort of fiscal relief as regards the cost

1483
01:13:52,680 --> 01:13:54,240
Speaker 2: of fuel, what does Starmer make of it?

1484
01:13:54,320 --> 01:13:56,000
Speaker 6: We are going to have to do what we can

1485
01:13:56,040 --> 01:13:58,719
Speaker 6: do now to de escalate, keep this all under review.

1486
01:13:59,040 --> 01:14:02,320
Speaker 6: As soon as it's necessary to say anything further, I

1487
01:14:02,320 --> 01:14:06,120
Speaker 6: will obviously do so. But it's simply not sensible to

1488
01:14:06,120 --> 01:14:08,320
Speaker 6: say that in a number of months time, not knowing

1489
01:14:08,320 --> 01:14:10,880
Speaker 6: what the situation will be, that the following will be

1490
01:14:10,960 --> 01:14:12,240
Speaker 6: ruled in or ruled out.

1491
01:14:12,960 --> 01:14:16,840
Speaker 10: International correspondence with ends in eye insurance, peace of mind

1492
01:14:16,880 --> 01:14:18,360
Speaker 10: for New Zealand business, which.

1493
01:14:18,200 --> 01:14:21,080
Speaker 2: Makes relative sense, Which is why one wonders why the

1494
01:14:21,120 --> 01:14:24,400
Speaker 2: Treasury would be producing forecasts in New Zealand till the

1495
01:14:24,680 --> 01:14:26,919
Speaker 2: end of the year when basically it's all based on guesswork,

1496
01:14:27,000 --> 01:14:29,800
Speaker 2: and then why you would want to take that information

1497
01:14:29,920 --> 01:14:32,200
Speaker 2: and then present it via a press conference of view

1498
01:14:32,200 --> 01:14:35,679
Speaker 2: with the Finance Minister of New Zealand. So there you go, Rod,

1499
01:14:35,680 --> 01:14:36,240
Speaker 2: how are.

1500
01:14:36,080 --> 01:14:39,479
Speaker 4: You I'm very well. How are you, man, I'm very well.

1501
01:14:39,520 --> 01:14:41,720
Speaker 2: Indeed, let me get to Starma and the war and

1502
01:14:41,840 --> 01:14:44,040
Speaker 2: bailouts and heating oil in just a couple of moments.

1503
01:14:44,040 --> 01:14:46,439
Speaker 2: This meningitis and Kent. How bad does it? We've got

1504
01:14:46,439 --> 01:14:48,040
Speaker 2: one deed, obviously, but how bad is it?

1505
01:14:49,520 --> 01:14:51,840
Speaker 4: Well, it's bad because it causes panic. It's a bit

1506
01:14:51,920 --> 01:14:53,640
Speaker 4: like the sort of panic we used to happen. I

1507
01:14:53,760 --> 01:14:56,320
Speaker 4: was very young, you know, eight or nine, and there

1508
01:14:56,400 --> 01:15:01,720
Speaker 4: was a small pox outbreak. Course all gone, and meningitis

1509
01:15:02,040 --> 01:15:05,600
Speaker 4: has kind of replaced it as this sort of invisible

1510
01:15:06,800 --> 01:15:10,759
Speaker 4: hand of death which reaches down largely to youngish people.

1511
01:15:11,960 --> 01:15:17,320
Speaker 4: So two kids have died, young students in Kent, in

1512
01:15:17,439 --> 01:15:22,400
Speaker 4: my old town of Canterbury and the University of Kent,

1513
01:15:22,479 --> 01:15:24,680
Speaker 4: and two schools have closed down and a nightclub has

1514
01:15:24,720 --> 01:15:30,879
Speaker 4: been closed down. The truth is, melonchitis doesn't spread very easily.

1515
01:15:32,080 --> 01:15:34,519
Speaker 4: You've got you've got to really go at it to

1516
01:15:34,560 --> 01:15:37,320
Speaker 4: spread the disease, which is why the government and medical

1517
01:15:37,360 --> 01:15:39,599
Speaker 4: people have been saying, you know, don't kiss other people.

1518
01:15:39,920 --> 01:15:41,360
Speaker 4: But they're eighteen, you.

1519
01:15:41,240 --> 01:15:44,559
Speaker 2: Know, what do you doing now as regards the war,

1520
01:15:44,640 --> 01:15:46,640
Speaker 2: so heating oil relief over and it didn't strike me

1521
01:15:46,680 --> 01:15:48,160
Speaker 2: as a lot of money, Correct me if I'm wrong.

1522
01:15:48,200 --> 01:15:51,120
Speaker 2: Fifty six million quid for sixty six million people. I know,

1523
01:15:51,160 --> 01:15:53,080
Speaker 2: not everyone's got heating oil. I get that, But what

1524
01:15:53,400 --> 01:15:54,960
Speaker 2: are they actually getting.

1525
01:15:56,640 --> 01:16:01,000
Speaker 4: We don't know yet. But it's not bad. In fairness,

1526
01:16:01,840 --> 01:16:03,720
Speaker 4: I don't know what they could have done. They are

1527
01:16:03,840 --> 01:16:07,200
Speaker 4: utterly broke because you and I discussed time and time again.

1528
01:16:07,640 --> 01:16:10,640
Speaker 4: They failed to get a grip on welfare, etc. And

1529
01:16:10,680 --> 01:16:13,000
Speaker 4: will continue to fail to get a grip on welfare,

1530
01:16:13,640 --> 01:16:16,040
Speaker 4: so they've got cuts coming. There is more that she

1531
01:16:16,120 --> 01:16:18,160
Speaker 4: could have done that Rachel Reeves could have done. There

1532
01:16:18,160 --> 01:16:21,280
Speaker 4: are so many levees on fuel that you know, one

1533
01:16:21,400 --> 01:16:23,320
Speaker 4: or two of them could have been relaxed for a

1534
01:16:23,360 --> 01:16:26,439
Speaker 4: few months. But that was decided. That was decided. It

1535
01:16:26,479 --> 01:16:32,320
Speaker 4: wasn't an option at all. But you know, if I

1536
01:16:32,360 --> 01:16:35,439
Speaker 4: had to read the way this was going at the moment,

1537
01:16:36,200 --> 01:16:39,639
Speaker 4: I think it's probably going slightly in favor of Starmer.

1538
01:16:40,439 --> 01:16:43,559
Speaker 4: The right wing are screaming at him about failing to

1539
01:16:43,680 --> 01:16:49,200
Speaker 4: stand up and stand by the Americans, but that's not

1540
01:16:49,280 --> 01:16:52,320
Speaker 4: the mood in the country, you know, and the mood

1541
01:16:52,360 --> 01:16:57,120
Speaker 4: in the country not necessarily a moral decision, perhaps, but

1542
01:16:57,240 --> 01:17:00,640
Speaker 4: the mood in the country stiffens in its rejection to

1543
01:17:00,720 --> 01:17:04,240
Speaker 4: the invasion of ira to the bombing of Iran, with

1544
01:17:04,560 --> 01:17:08,960
Speaker 4: ever more cap handed evidence of President Trump, you know,

1545
01:17:09,000 --> 01:17:11,559
Speaker 4: who doesn't seem to know a what he was doing

1546
01:17:11,600 --> 01:17:13,160
Speaker 4: in the first place, and be what he's going to

1547
01:17:13,200 --> 01:17:19,120
Speaker 4: do now. So Starmer's position, whilst it's not in my book,

1548
01:17:19,479 --> 01:17:23,720
Speaker 4: a moral position at all, because he is he has

1549
01:17:23,800 --> 01:17:29,400
Speaker 4: provided help, he has provided sucker to the invading, to

1550
01:17:29,439 --> 01:17:31,439
Speaker 4: the Americans and the Israelis.

1551
01:17:32,800 --> 01:17:32,880
Speaker 5: Is.

1552
01:17:32,960 --> 01:17:36,439
Speaker 4: Nonetheless, I think probably in line with roughly what the

1553
01:17:36,520 --> 01:17:37,400
Speaker 4: nation's thinking.

1554
01:17:37,880 --> 01:17:41,040
Speaker 2: Yeah, i'd agree, because there's no buying in the Americans

1555
01:17:41,560 --> 01:17:44,439
Speaker 2: polling either. Having said that, and you don't deal the

1556
01:17:44,439 --> 01:17:46,000
Speaker 2: straight up the most of the way we do. I mean,

1557
01:17:46,040 --> 01:17:49,040
Speaker 2: all our oil goes through the straight and into Singapore

1558
01:17:49,080 --> 01:17:50,760
Speaker 2: and Career to get refined and then ship down to

1559
01:17:50,800 --> 01:17:53,759
Speaker 2: places like New Zealand. You've got other channels. But nevertheless,

1560
01:17:53,880 --> 01:17:56,559
Speaker 2: oil as a globally traded commodity, and you're paying more

1561
01:17:56,560 --> 01:17:58,760
Speaker 2: at the pump. At what point at the pump do

1562
01:17:59,040 --> 01:18:01,400
Speaker 2: Brits start going will hang on here? I wouldn't mind

1563
01:18:01,400 --> 01:18:03,200
Speaker 2: if this thing ended sometime soon.

1564
01:18:04,960 --> 01:18:07,759
Speaker 4: Quite soon, But there may be other things to complain

1565
01:18:07,800 --> 01:18:11,160
Speaker 4: about before that, which is, you know, we still have

1566
01:18:11,360 --> 01:18:15,120
Speaker 4: an energy secretary at Miliband who is determined upon a

1567
01:18:15,120 --> 01:18:19,519
Speaker 4: net zero approach. Whereas if we started fracking a bit,

1568
01:18:19,800 --> 01:18:23,400
Speaker 4: if we started drilling for oil, we would be far

1569
01:18:23,520 --> 01:18:27,920
Speaker 4: less dependent upon foreign oil, far more self sufficient, and

1570
01:18:27,960 --> 01:18:30,400
Speaker 4: we would have a backstop for when the wind turbine

1571
01:18:30,720 --> 01:18:34,160
Speaker 4: turbine stopped working, which is about every week and a half,

1572
01:18:34,720 --> 01:18:37,760
Speaker 4: you know. So I think some of the annoyance will

1573
01:18:37,800 --> 01:18:41,599
Speaker 4: be turned on on the net zero stuff, but there

1574
01:18:41,640 --> 01:18:44,680
Speaker 4: will be I suspect there will be more protests about

1575
01:18:44,760 --> 01:18:45,759
Speaker 4: the war against Iran.

1576
01:18:45,880 --> 01:18:48,920
Speaker 2: Yeah, sure, indeed, couple of quirkies while I got you, Rod,

1577
01:18:48,920 --> 01:18:52,160
Speaker 2: there's been an announcement whereby you get paid to employ

1578
01:18:52,360 --> 01:18:56,400
Speaker 2: an unemployed young person. So this is the eighteen to

1579
01:18:56,439 --> 01:18:58,120
Speaker 2: twenty fours and all the people at home and so

1580
01:18:58,200 --> 01:19:01,400
Speaker 2: you'll get three thousand quid. Is the thing that actually works?

1581
01:19:01,520 --> 01:19:03,080
Speaker 2: And where do they pull the money in from that?

1582
01:19:03,160 --> 01:19:04,560
Speaker 2: Given my head no money.

1583
01:19:06,200 --> 01:19:08,720
Speaker 4: Well, they would argue that most of the money will

1584
01:19:08,720 --> 01:19:11,760
Speaker 4: come in from benefits which which are not being paid out.

1585
01:19:12,840 --> 01:19:15,040
Speaker 4: This will give you this will give you an indication

1586
01:19:15,560 --> 01:19:18,880
Speaker 4: as to how close benefit payments are to wage payments.

1587
01:19:19,479 --> 01:19:21,519
Speaker 4: I mean, they're more than wage payments.

1588
01:19:21,600 --> 01:19:21,720
Speaker 19: You know.

1589
01:19:21,880 --> 01:19:24,799
Speaker 4: That's the that's the whole problem we have in this country.

1590
01:19:25,040 --> 01:19:28,960
Speaker 4: But there is, nonetheless, you know, a huge problem with

1591
01:19:29,880 --> 01:19:33,880
Speaker 4: I guess they're they're gen zs, aren't they? The gen

1592
01:19:33,960 --> 01:19:37,559
Speaker 4: setters simply aren't going to work. They don't want to work,

1593
01:19:37,600 --> 01:19:40,760
Speaker 4: they feel no compulsion to work, and the people aren't

1594
01:19:40,760 --> 01:19:43,040
Speaker 4: taking them on. Large people they can't spell their own

1595
01:19:43,120 --> 01:19:46,000
Speaker 4: names or count up to seven, you know. So so

1596
01:19:46,120 --> 01:19:50,240
Speaker 4: those are generalizations when you get the kind of drift.

1597
01:19:51,000 --> 01:19:54,160
Speaker 4: So this might do something I've never known it worked before,

1598
01:19:54,200 --> 01:19:57,280
Speaker 4: but you know, hey, we need to do something to

1599
01:19:57,360 --> 01:20:00,760
Speaker 4: get my My answer would be a anti ships, but

1600
01:20:02,320 --> 01:20:03,320
Speaker 4: that's another ISSU.

1601
01:20:03,280 --> 01:20:05,040
Speaker 2: Good only mate knows to talk to you a little

1602
01:20:05,040 --> 01:20:07,519
Speaker 2: back on Thursday. By the way, the UK asylum appeals

1603
01:20:07,560 --> 01:20:09,800
Speaker 2: backlog has reached a record high. It's sitting now at

1604
01:20:09,800 --> 01:20:14,759
Speaker 2: eighty thousand and a poll out that says Starmer's party

1605
01:20:15,000 --> 01:20:19,840
Speaker 2: stands to lose about seventeen hundred seats in the local

1606
01:20:19,840 --> 01:20:23,160
Speaker 2: body elections in May. Quarter of the twenty two and

1607
01:20:23,280 --> 01:20:27,280
Speaker 2: fifty two seats it currently holds, it would relinquish control

1608
01:20:27,360 --> 01:20:30,200
Speaker 2: of forty nine councils. So for a man who's already underwater,

1609
01:20:30,280 --> 01:20:31,880
Speaker 2: he might be a lot more underwater by the time

1610
01:20:31,920 --> 01:20:34,559
Speaker 2: May's done. Sixteen to two, The.

1611
01:20:34,560 --> 01:20:39,000
Speaker 1: High Asking Breakfast Full Show podcast on iHeartRadio powered by

1612
01:20:39,040 --> 01:20:39,840
Speaker 1: News Talks.

1613
01:20:39,560 --> 01:20:43,360
Speaker 2: At News Talk said, before your attention, this week, the

1614
01:20:43,400 --> 01:20:45,200
Speaker 2: Republicans are going to have another crack at the Saber

1615
01:20:45,200 --> 01:20:47,519
Speaker 2: America Act. Now, the Saber America Act is important for

1616
01:20:47,560 --> 01:20:50,840
Speaker 2: Trump because Trump is city's passing nothing, signing nothing off

1617
01:20:50,960 --> 01:20:54,120
Speaker 2: legislatively speaking, until the Save America Act has been passed.

1618
01:20:54,360 --> 01:20:56,400
Speaker 2: The problem is the count pass it because to pass

1619
01:20:56,439 --> 01:20:58,800
Speaker 2: it in its entirety they need sixty votes. They don't

1620
01:20:58,800 --> 01:21:01,320
Speaker 2: have sixty three votes because the Senate's currently split fifty

1621
01:21:01,360 --> 01:21:04,240
Speaker 2: three forty seven, so they need some Democrats to cross

1622
01:21:04,240 --> 01:21:06,200
Speaker 2: the floor. They probably won't. There's a whole bunch of

1623
01:21:06,320 --> 01:21:10,880
Speaker 2: versions of the legislation circulating. We don't know which one

1624
01:21:10,920 --> 01:21:13,120
Speaker 2: the Republicans are going to bring to the floor, but

1625
01:21:13,800 --> 01:21:17,200
Speaker 2: if you're interested in that, then that'll unchhold this coming week. Meantime,

1626
01:21:17,240 --> 01:21:20,600
Speaker 2: that poll I referenced earlier in Australia this morning is

1627
01:21:20,640 --> 01:21:23,679
Speaker 2: interesting because the Reserve Bank today is almost certainly going

1628
01:21:23,720 --> 01:21:27,160
Speaker 2: to increase interest rates, and they're on almost certainly a

1629
01:21:27,240 --> 01:21:29,360
Speaker 2: path the war made curtail at all, of course, but

1630
01:21:29,400 --> 01:21:32,479
Speaker 2: they're almost certainly in a pathway to increasing interest rates

1631
01:21:32,479 --> 01:21:35,040
Speaker 2: a number of times this year. But the poll out

1632
01:21:35,080 --> 01:21:37,559
Speaker 2: this morning blames the government. So it's not the war,

1633
01:21:37,720 --> 01:21:39,360
Speaker 2: it's not. I don't think the war has been going

1634
01:21:39,439 --> 01:21:41,960
Speaker 2: long enough for it to truly feed through to polls.

1635
01:21:42,000 --> 01:21:44,000
Speaker 2: But basically they blame the government for the cost of

1636
01:21:44,040 --> 01:21:46,120
Speaker 2: living crisis. That's what they call it. It's a cost

1637
01:21:46,120 --> 01:21:49,360
Speaker 2: of living crisis. Inflation, you will notice at three point

1638
01:21:49,439 --> 01:21:51,880
Speaker 2: eight percent, even if the war goes all year according

1639
01:21:51,920 --> 01:21:54,120
Speaker 2: to Treasury and the numbers that came out here yesterday,

1640
01:21:54,520 --> 01:21:57,200
Speaker 2: even if the war goes all year, and it's the

1641
01:21:57,240 --> 01:22:00,840
Speaker 2: worth case scenario, we still don't get an inflation rate

1642
01:22:00,880 --> 01:22:03,200
Speaker 2: that the Australians have. Now. The problem with that, of course,

1643
01:22:03,680 --> 01:22:08,240
Speaker 2: that's the downside. The upside is that the Reserve Bank

1644
01:22:08,240 --> 01:22:10,760
Speaker 2: increases interest rates. Why is that an upside? Well, because

1645
01:22:10,760 --> 01:22:12,920
Speaker 2: the rest of the world goes my word, can I

1646
01:22:12,960 --> 01:22:14,920
Speaker 2: get a good return in Australia at the moment, So

1647
01:22:14,920 --> 01:22:16,360
Speaker 2: I'm going to park some money there? What does that

1648
01:22:16,360 --> 01:22:19,080
Speaker 2: do to their dollar. Dollar goes through the roof. So

1649
01:22:19,080 --> 01:22:20,479
Speaker 2: at the very start of the year, when I came

1650
01:22:20,520 --> 01:22:22,439
Speaker 2: back from holiday, one of the pieces i'd read over

1651
01:22:22,439 --> 01:22:26,040
Speaker 2: the holiday period, I didn't completely dismiss it, but I

1652
01:22:26,080 --> 01:22:30,320
Speaker 2: thought to myself, if that happens, I'm gonna don't know

1653
01:22:30,640 --> 01:22:33,599
Speaker 2: how I explain it. Anyway. The suggestion was, the dollar

1654
01:22:33,640 --> 01:22:35,479
Speaker 2: is going to increase in value this year. This is

1655
01:22:35,520 --> 01:22:38,960
Speaker 2: the Australian dollar as it increases. Ours doesn't. It's already

1656
01:22:39,000 --> 01:22:41,840
Speaker 2: sitting at eighty two eighty three, which is embarrassing. The

1657
01:22:41,880 --> 01:22:45,879
Speaker 2: suggestion was the Australian dollar could sit at ninety US

1658
01:22:46,720 --> 01:22:49,679
Speaker 2: by the end of the year. So if it sits

1659
01:22:49,680 --> 01:22:51,920
Speaker 2: at ninety US by the end of the year, Lord

1660
01:22:52,200 --> 01:22:56,679
Speaker 2: only knows where that leaves the key we pay side.

1661
01:22:56,760 --> 01:23:01,080
Speaker 2: But anyway, that's happening with ms BULK in Australia today

1662
01:23:01,120 --> 01:23:02,640
Speaker 2: eleven away from nine.

1663
01:23:03,120 --> 01:23:07,320
Speaker 1: The Mike Hosking Breakfast with Bailey's Real Estate news dog ZB.

1664
01:23:07,200 --> 01:23:09,439
Speaker 2: Over twenty six thousand key. We have discovered that the

1665
01:23:09,479 --> 01:23:11,439
Speaker 2: key to the retirement is right on the walls. This

1666
01:23:11,560 --> 01:23:15,280
Speaker 2: is the reverse mortgage from heart Land Banks. Certain approaching

1667
01:23:15,280 --> 01:23:19,320
Speaker 2: a reserve mortgage with questions A reverse mortgage with questions

1668
01:23:19,400 --> 01:23:21,479
Speaker 2: and concerns is a good thing. So here are some

1669
01:23:21,479 --> 01:23:24,400
Speaker 2: common questions that were raised by existing Heartland Bank customers.

1670
01:23:24,640 --> 01:23:27,679
Speaker 2: Will you still own your home? Yes? With a reverse mortgage,

1671
01:23:27,720 --> 01:23:29,720
Speaker 2: you continue to own one hundred percent of your home

1672
01:23:29,760 --> 01:23:31,840
Speaker 2: for as long as you live in it. Will your

1673
01:23:31,920 --> 01:23:33,360
Speaker 2: debt be passed on to your children?

1674
01:23:33,520 --> 01:23:33,640
Speaker 19: No.

1675
01:23:34,400 --> 01:23:37,439
Speaker 2: With Heartland Banks no negative equity guarantee, you won't owe

1676
01:23:37,479 --> 01:23:40,000
Speaker 2: more than what your home sells for. Will you be

1677
01:23:40,120 --> 01:23:43,360
Speaker 2: locked into regular loan repayments? No, you don't need to

1678
01:23:43,360 --> 01:23:45,280
Speaker 2: make repayments while you live in your home, but we

1679
01:23:45,280 --> 01:23:47,519
Speaker 2: welcome repayments in any time, of course, and this reduces

1680
01:23:47,520 --> 01:23:50,200
Speaker 2: the interest you will pay obviously, So if you're over sixty,

1681
01:23:50,320 --> 01:23:52,720
Speaker 2: you can unlock the possibilities of your retirement with a

1682
01:23:52,760 --> 01:23:55,240
Speaker 2: heart Land Bank reverse mortgage I eight hundred four double

1683
01:23:55,320 --> 01:23:57,960
Speaker 2: eight seven to four h note it down eight hundred

1684
01:23:58,720 --> 01:24:02,160
Speaker 2: four double eight seven to four h Heartland Bank's responsible

1685
01:24:02,240 --> 01:24:04,880
Speaker 2: lending criteria t's season fees apply, but it's all online

1686
01:24:04,880 --> 01:24:07,599
Speaker 2: if you want to get more details at Heartland dot

1687
01:24:07,680 --> 01:24:10,920
Speaker 2: co dot nz Lasky. More developments to watch in the

1688
01:24:10,960 --> 01:24:15,040
Speaker 2: war are the thirty first Marine Expeditionary Unit is on

1689
01:24:15,080 --> 01:24:19,160
Speaker 2: its way. It's coming in from Asia, normally based in Okinawa.

1690
01:24:19,280 --> 01:24:21,800
Speaker 2: It will be in the Strait of hor Moose in

1691
01:24:21,840 --> 01:24:24,120
Speaker 2: about ten to fifteen days. Now, I'm assuming that's when

1692
01:24:24,120 --> 01:24:27,200
Speaker 2: the war ends, because they bomb the bejess As will

1693
01:24:27,240 --> 01:24:29,679
Speaker 2: continue to bomb the Bejessers out of Iran. These guys

1694
01:24:29,720 --> 01:24:32,120
Speaker 2: are going to be used. I'm assuming it hasn't been

1695
01:24:32,120 --> 01:24:34,280
Speaker 2: stated publicly, but I'm assuming these are the guys who

1696
01:24:34,320 --> 01:24:38,200
Speaker 2: are going to help release the Strait of Hormuse. So

1697
01:24:38,320 --> 01:24:41,840
Speaker 2: what's interesting about these guys is they are operational on water.

1698
01:24:41,960 --> 01:24:44,320
Speaker 2: So each of these units consists of a ground combat

1699
01:24:44,360 --> 01:24:47,360
Speaker 2: unit with infantry, armored vehicles, and an artillery aviation group

1700
01:24:47,400 --> 01:24:49,800
Speaker 2: with helicopters fighter jet you got your F thirty five b's,

1701
01:24:50,080 --> 01:24:52,519
Speaker 2: along with logistics and command teams. Each of these units.

1702
01:24:52,560 --> 01:24:55,920
Speaker 2: The thirty first unit has experience in counter drone activity.

1703
01:24:55,960 --> 01:24:58,840
Speaker 2: Ships and escort tankers equipped with jamming vehicles are The

1704
01:24:58,960 --> 01:25:01,920
Speaker 2: unit operates in the fill Appines and will be reaching

1705
01:25:01,960 --> 01:25:03,439
Speaker 2: the Strait of her Moose in the next ten or

1706
01:25:03,479 --> 01:25:05,439
Speaker 2: fifteen days, so they stay on the water the whole time.

1707
01:25:05,439 --> 01:25:08,080
Speaker 2: There's two and a half thousand of them. They're traveling

1708
01:25:08,080 --> 01:25:11,599
Speaker 2: on board as we speak. The USS Tripoli typically they

1709
01:25:11,680 --> 01:25:15,919
Speaker 2: deployed alongside two amphibious transport DOC ships, the New Orleans

1710
01:25:16,000 --> 01:25:18,439
Speaker 2: and the San Diego. Hence they stay on the water

1711
01:25:18,479 --> 01:25:21,280
Speaker 2: the whole time. The Tripoli can be adapted to become

1712
01:25:21,280 --> 01:25:24,360
Speaker 2: a lightning carrier which specializes in transporting large numbers of

1713
01:25:24,439 --> 01:25:27,840
Speaker 2: F thirty five's the fighters alongside the MV twenty two

1714
01:25:27,840 --> 01:25:32,400
Speaker 2: Ospreys various helicopters are four strikes at sea and inland.

1715
01:25:32,840 --> 01:25:35,639
Speaker 2: Now the Tripoli Amphibious Ready group will join the US

1716
01:25:36,200 --> 01:25:39,920
Speaker 2: S Gerald R. Ford and the Abraham Lincoln aircraft carriers.

1717
01:25:40,360 --> 01:25:42,519
Speaker 2: So you can see where this is sort of building

1718
01:25:43,240 --> 01:25:45,160
Speaker 2: that they're going to be the people who are going

1719
01:25:45,200 --> 01:25:47,160
Speaker 2: to open up the strait of her Mousa. They're there

1720
01:25:47,160 --> 01:25:49,920
Speaker 2: in ten to fifteen days. That's another two weeks. Take

1721
01:25:49,960 --> 01:25:51,800
Speaker 2: this week and write it off if you want. That's

1722
01:25:51,840 --> 01:25:55,599
Speaker 2: five weeks. They said four to six. The Israelis yesterday

1723
01:25:55,680 --> 01:25:59,320
Speaker 2: said six. Max. That's about where it is, and where

1724
01:25:59,360 --> 01:26:01,960
Speaker 2: iTANs is my guess five away from nine.

1725
01:26:02,439 --> 01:26:06,760
Speaker 1: Trending now with chemist Wells keeping Kiwi's healthy.

1726
01:26:06,640 --> 01:26:09,680
Speaker 2: All year round. Now more flip flopping from Trump. A

1727
01:26:09,800 --> 01:26:12,040
Speaker 2: White House, of course admitted that they didn't actually make

1728
01:26:12,040 --> 01:26:13,920
Speaker 2: provisions for the closure of the straight up the moose

1729
01:26:13,960 --> 01:26:17,080
Speaker 2: didn't know how bigger Run's navy was. Was the other

1730
01:26:17,120 --> 01:26:20,599
Speaker 2: thing they didn't do currently the several things that oh, yeah,

1731
01:26:20,640 --> 01:26:22,679
Speaker 2: the ally the Gulf States were going to get bombed.

1732
01:26:22,720 --> 01:26:27,360
Speaker 2: That came as a complete surprise to them. Anyway, Trump

1733
01:26:27,400 --> 01:26:28,880
Speaker 2: did actually know all along.

1734
01:26:29,040 --> 01:26:33,479
Speaker 3: I knew about the Street that it would be a weapon,

1735
01:26:34,240 --> 01:26:36,640
Speaker 3: which I predicted a long time ago. I predicted all

1736
01:26:36,680 --> 01:26:38,680
Speaker 3: of this stuff. You guys were very generous and that

1737
01:26:38,760 --> 01:26:41,800
Speaker 3: I predicted all of it. I predicted, oh, some have

1738
01:26:41,840 --> 01:26:45,280
Speaker 3: bin Laden would knock out the world trades. And I

1739
01:26:45,360 --> 01:26:47,400
Speaker 3: met that prediction a year before he did it. I said,

1740
01:26:47,439 --> 01:26:49,240
Speaker 3: you better get him. He's a bad guy. I watched

1741
01:26:49,320 --> 01:26:53,400
Speaker 3: him be interviewed one time and I said, that's a

1742
01:26:53,439 --> 01:26:56,599
Speaker 3: bad guy. You better get him one year before exactly,

1743
01:26:56,640 --> 01:26:59,320
Speaker 3: I wrote it in a book you can even check.

1744
01:27:00,000 --> 01:27:02,120
Speaker 2: The problem is they did, and it's not in the book.

1745
01:27:02,800 --> 01:27:05,000
Speaker 2: And if I had more time, i'd go into it.

1746
01:27:05,000 --> 01:27:07,360
Speaker 2: But I can't be bothered because the whole thing's so pathetic.

1747
01:27:08,080 --> 01:27:10,120
Speaker 2: The book he references, and when he reference the book,

1748
01:27:10,120 --> 01:27:11,800
Speaker 2: he couldn't even remember the name of the book. But

1749
01:27:12,080 --> 01:27:13,840
Speaker 2: they did then go and reference the book, and they

1750
01:27:13,880 --> 01:27:16,040
Speaker 2: read the book and there's nothing about Islama bin Laden.

1751
01:27:16,040 --> 01:27:20,040
Speaker 2: There's the loosest of references to Osama bin Laden. But

1752
01:27:20,080 --> 01:27:22,639
Speaker 2: as for I saw the guy on television, I thought

1753
01:27:22,680 --> 01:27:24,840
Speaker 2: that's a bad guy, and I think he'll go and

1754
01:27:25,240 --> 01:27:27,680
Speaker 2: get the nine to eleven thing going. And none of

1755
01:27:27,720 --> 01:27:32,040
Speaker 2: that's true. It simply isn't true, and it's not even

1756
01:27:32,240 --> 01:27:35,760
Speaker 2: in the book. So all I can say is it

1757
01:27:35,800 --> 01:27:40,880
Speaker 2: looks to me increasingly that he's under an amount of

1758
01:27:40,880 --> 01:27:43,679
Speaker 2: pressure that's starting to take its toll. And I keep

1759
01:27:43,720 --> 01:27:46,519
Speaker 2: saying that it's an economic pressure, it's a political pressure.

1760
01:27:46,680 --> 01:27:50,479
Speaker 2: And do not underestimate the number of Republicans who are

1761
01:27:50,520 --> 01:27:56,960
Speaker 2: thinking to October November and the midterms, going, hey Donald,

1762
01:27:58,760 --> 01:28:04,320
Speaker 2: who poor words to that effect? Anyway, back tomorrow morning

1763
01:28:04,400 --> 01:28:05,519
Speaker 2: from six as

1764
01:28:05,560 --> 01:28:24,719
Speaker 1: Always for more from the Mic Asking Breakfast, listen live

1765
01:28:24,840 --> 01:28:27,720
Speaker 1: to News Talks at b from six am weekdays, or

1766
01:28:27,800 --> 01:28:29,680
Speaker 1: follow the podcast on iHeartRadio.