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

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Speaker 1: Hosking Breakfast with A, Veda Retirement Communities, Life Your Way News,

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Speaker 1: togs head by.

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Speaker 2: Welcomed us, an investment Summit, an economic recovery. Make the

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Speaker 2: world apparently is heading our way. Three poles that tell

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Speaker 2: roughly the same story. And if you're the government, it

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Speaker 2: ain't happen. Reading New Zealand first, and they wont banking

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Speaker 2: laws taking another step forward. Ben Elton in for catch

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Speaker 2: up after rape. Catherine Field in France, Rod Little in

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Speaker 2: the Greatest of Britain. Lasky, Welcome to the day, seven

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Speaker 2: past six The Morning Star. KIWI Saber results were out

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Speaker 2: last week. Now this is the turns out. The biggest

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Speaker 2: provider's not very good. This is A and Z who've

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Speaker 2: got twenty two billion of our dollars under their care. Now,

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Speaker 2: over the past year they came in eighteenth in Conservative

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Speaker 2: funds twenty first and Moderate, thirty second in Balance twenty

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Speaker 2: five and twenty six and growth sixteenth in Aggressive. Obviously,

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Speaker 2: one year is not a hopeless scenario. Make, but over

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Speaker 2: the past ten years are they any better? Twelfth for Conservative,

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Speaker 2: sixth for Moderate, fourteenth for balanced tenth for growth. Now,

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Speaker 2: this wouldn't be an issue if the owners of those

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Speaker 2: twenty two billion dollars had any idea what was up.

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Speaker 2: But as Colonel Wealth said, in a way only a

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Speaker 2: competitor could say, a continuation of astoundingly poor results will

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Speaker 2: take that an Z. I assume they're concerned. I assume

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Speaker 2: they take the stuff seriously. I assume they want to

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Speaker 2: do better. But here's your real issue, Kiwi. Saber has

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Speaker 2: been a shamble for too many of us for the

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Speaker 2: simple reason we don't seem to care, or we don't

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Speaker 2: seem to know because we don't seem to care. Now,

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Speaker 2: the default aspect, for example, what a joke. An astonishingly

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Speaker 2: large number are in default accounts because we couldn't work

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Speaker 2: out where to put the money. And although there should

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Speaker 2: be an avalanche of phone calls to people like A

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Speaker 2: and Z and all the others for that matter, who

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Speaker 2: perform similarly, there won't be. There's no shortage, of course,

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Speaker 2: for people out there who can handle your money so

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Speaker 2: much so, as much as you think you know, you

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Speaker 2: want to wonder allowed just what it is that day

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Speaker 2: and Z does to make it perform so badly you

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Speaker 2: can equally ask how come they're the largest holder of money,

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Speaker 2: and given their performance, why hasn't there been a stampede

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Speaker 2: for the exit. So part of the I guess part

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Speaker 2: of the thinking is the old put it away and

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Speaker 2: forget about it mentality. But that's money left on the table.

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Speaker 2: How much better off could you be? Would you be

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Speaker 2: if you were more interested and more active for a

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Speaker 2: country that has a brewing, if not present, superinnuation affordability crisis.

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Speaker 2: I would have thought we would be a little more

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Speaker 2: interested in solving our own problems. But the numbers would

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Speaker 2: seem to suggest mediocre, if not bottom of the pack,

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Speaker 2: is fine for many.

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Speaker 3: News of the world.

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Speaker 2: In ninety seconds, couple of stars at the Super Bowl.

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Speaker 2: One got booed, one did an interview before he turned

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Speaker 2: up and got cheered.

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Speaker 3: I would own this.

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Speaker 4: Think of it as a real estate development for the future.

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Speaker 4: In other words, I'm talking about building a permanent place

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Speaker 4: for them, because if they have to return now, it'll

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Speaker 4: be years before you could have It's not habitable.

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Speaker 2: It's still the rivieras banging on about on his way

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Speaker 2: to New Orleans by the way on Air Force one,

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Speaker 2: he was giving up details sort of of that phone

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Speaker 2: call with Putin over the war. I know you don't

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Speaker 2: want to tell us about your conversation with President Putin.

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Speaker 5: Where can you clarify whether you had that since you've

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Speaker 5: been since you've been in office, or whether it have

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Speaker 5: before you became.

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Speaker 6: I've had it.

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Speaker 4: Let's just say I've had and I expect to have

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Speaker 4: many more con reces.

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Speaker 2: The long time. After the game, one of the stars

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Speaker 2: on the field, the Philadelphia quarterback Jalen Hurts, was his

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Speaker 2: usual low key bed.

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Speaker 7: So offense was able to score points, to take advantage

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Speaker 7: of opportunities, you know, just enough to.

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Speaker 3: Put points on the board.

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Speaker 2: And then defense.

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Speaker 7: Defense played if they played how they played?

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Speaker 2: Are you you know?

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Speaker 7: And I truly believe offense wins game, but defense won championships.

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Speaker 2: And then in Britain, are they are flat out? There's

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Speaker 2: morning one distancing themselves from that plunk of the government

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Speaker 2: head to set yesterday.

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Speaker 8: People can be assured that the Labor Party maintains very

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Speaker 8: high standards where it comes to what we expect of

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Speaker 8: our candidates, of our members of Parliament. And you will

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Speaker 8: have seen all for the weekend, the Prime Minister taking

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Speaker 8: swift action.

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Speaker 2: There's a second one guy called Oliver Ryan. He's just

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Speaker 2: been suspended moments ago as well, so there's two of

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Speaker 2: them now, So Lucky Rod's on later too. What else

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Speaker 2: are they doing with? Yes, farmers. Farmers once again hit

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Speaker 2: the streets to protest their applight.

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Speaker 9: Between substage whether commodity prices, input prices in government and

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Speaker 9: a complete change of policy towards the countryside has now

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Speaker 9: left us in some severe diastrate.

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Speaker 2: And then three at the Church of England get together

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Speaker 2: their well. Recent events are weighing heavily.

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Speaker 10: I want to share with you how deeply I believe

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Speaker 10: in and love the Church of England, and I want

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Speaker 10: to tell you about the change that I believe we

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Speaker 10: must make, as well as my part in that during

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Speaker 10: this coming year.

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Speaker 2: Finally, also in a clearly troubled Britain, we've got the

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Speaker 2: price of a fredo. So if you want then inflation

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Speaker 2: story fridos. It relaunched in nineteen ninety four, it cost tenp.

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Speaker 2: By twenty sixteen it cost you twenty five p. Now

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Speaker 2: there are some stores selling a frido for a quid,

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Speaker 2: so if you want one here by the way, Kmart

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Speaker 2: and the Warehouse sell them for a buck twenty five,

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Speaker 2: which is fifty seven place, so they cheap Frido's in

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Speaker 2: this plat of the World's News of the World and

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Speaker 2: bed Chocolate night. Aluminum as they call it, twenty five

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Speaker 2: percent on Air Force one yesterday at steel and aluminum.

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Speaker 2: We do aluminum in this country, not much of it,

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Speaker 2: but a bit, so that'll affect us. And there's more coming.

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Speaker 2: Reciprocal tariffs are coming later on this week. Meantime, I

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Speaker 2: note that Egypt is announcing they're hosting an emergency Arab

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Speaker 2: summit in a week or so. It's time to discuss

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Speaker 2: quote unquote new and dangerous developments are this Gaza, the

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Speaker 2: riviera of Gaza has infuriated the Arab world, Egypt, Jordan,

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Speaker 2: Saudi Arabia, Infira. I thought Trump said everyone liked it,

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Speaker 2: clearly not twelve pass six.

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Speaker 1: The mic asking Breakfast Full Show podcast on iHeartRadio fow

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Speaker 1: it by News.

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Speaker 2: Talksb scandal in Canada and you don't hear that often,

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Speaker 2: Buffy Saint Marie. And there's a name you don't hear

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Speaker 2: that often either, but you remember her anyway, she became famous.

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Speaker 2: She wrote to up where we belong Apart from other things. Anyway,

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Speaker 2: she was given the Order of Canada back here in

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Speaker 2: nineteen ninety seven. It's the highest honor you can be

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Speaker 2: given by your country. She got it stripped the other day.

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Speaker 2: Apparently for all the work she did with the indigenous

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Speaker 2: people who are indigenous backgrounds, you made it all up.

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Speaker 2: So they pulled up in fifteen. Make a lot of

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Speaker 2: money one day. Jmi Wealth Andrew Keller Hurt, Good morning,

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Speaker 2: very good morning, Mike Lax might be right. I mean,

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Speaker 2: there's if you look at this bond tender, there is

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Speaker 2: money out there, like there is no Tomorrow's plenty of

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Speaker 2: money to park up around the place, isn't there?

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Speaker 11: Yeah?

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Speaker 12: Absolutely, I thought I should highlight this, Mike. This week

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Speaker 12: we get an update of the state of the government

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Speaker 12: books that's for the six months to the end of December,

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Speaker 12: and we we would assume that these numbers will confirm

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Speaker 12: the you know, the weak state of the government books

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Speaker 12: at the moment. That was all signaled in the half

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Speaker 12: year Economic and physcal update which was released in December.

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Speaker 12: We all listened, and then most people just kind of

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Speaker 12: move on, don't they. But there is a real consequence

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Speaker 12: because you've got to balance the books. It's like your

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Speaker 12: own bank account. You have to fund it somehow at

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Speaker 12: some point. The end result of the government needs to

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Speaker 12: sell more bonds. And this is Mike, this is an

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Speaker 12: ongoing process. They're doing it the whole time. But yesterday

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Speaker 12: the New Zealand Debt Management Office launched a tender, a

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Speaker 12: big tender.

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Speaker 13: This is called a syndication. So they raise a.

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Speaker 12: Minimum of three billion dollars and this is for twenty

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Speaker 12: thirty five government bonds, so tenure government bonds.

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Speaker 13: Now they tend to bonds on.

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Speaker 12: A weekly basis. Might but that they need so much

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Speaker 12: at the moment that this flow is topped up by

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Speaker 12: what I said, what are called these syndications where they

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Speaker 12: sell a big lump of bonds in one go. So

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Speaker 12: yesterday minimum of three billion, a maximum of six billion.

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Speaker 12: Now I raised this because one of the concerns raised

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Speaker 12: was what would the demand look like for our government

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Speaker 12: debts with the increased amount that they have to actually borrow. Well,

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Speaker 12: I think we can be reasonably comfortable, Mike that that

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Speaker 12: demand doesn't appear to be an issue. For the record,

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Speaker 12: it looks like however many in a billion are raised today.

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Speaker 12: It'll be raised at an interest rate of approximately four

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Speaker 12: point six percent for ten years, So that's four point

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Speaker 12: six percent per.

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Speaker 13: Annum for the next decade. Now, the tender doesn't close.

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Speaker 12: Until this morning, but audo books at the moment I

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Speaker 12: believe are well in excess of ten billion dollars. So

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Speaker 12: there's plenty of interest, Mike. Lots of people are happy

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Speaker 12: to invest in JW zone. The only thing we don't know.

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Speaker 12: I think one thing there is a little bit of

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Speaker 12: uncertainly about is whether this ongoing kind of large amount

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Speaker 12: of government that being sold will tend to crowd out

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Speaker 12: other entities trying to raise debt or other entities trying

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Speaker 12: to issue bonds out He's on at some level, does

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Speaker 12: it push up their cost of borrowing that will only

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Speaker 12: become evident over time.

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Speaker 2: Very good point. Then we get to the aluminum and

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Speaker 2: the twenty five percent, and there we're in tariff country.

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Speaker 2: So where does all this go?

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Speaker 12: Yeah, I want to talk tariffs again because we're This

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Speaker 12: is time to hit it close to home, isn't it, Mike.

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Speaker 13: I mean, this is the.

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Speaker 12: Latest iteration of what I call Trump's tortuous tariff tirades.

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Speaker 12: So they've announced twenty five percent import tariffs on alumen

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Speaker 12: and still aluminium and still entering the US. That is

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Speaker 12: to be followed by reciprocal tariffs on Tuesday and Wednesday.

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Speaker 12: So those are tariffs that will target countries that place

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Speaker 12: imposts on US exports.

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Speaker 13: Going into other countries. So sort of tip to tat.

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Speaker 12: Now my mw ZUM does export aluminium to the US,

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Speaker 12: but not in large quantities. This is though an important

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Speaker 12: issue for Australia. So the comments that have made is

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Speaker 12: it's highlights that we will get caught up in this

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Speaker 12: tariff trade war at some point. From a market point

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Speaker 12: of view, though, Mike, markets now have to react to

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Speaker 12: what appears to be a potentially continually changing environment.

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Speaker 13: And I don't know what.

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Speaker 12: You think, but there's sort of a theme developing here,

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Speaker 12: isn't there around this whole negotiating tactic. You sort of

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Speaker 12: get this initial salvo, think back to last week with

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Speaker 12: Mexico Canada. That then then you get to disconnect with

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Speaker 12: what's sort of actually implemented and it creates all this uncertainty.

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Speaker 13: You know, what does all this bargaining look like? Well,

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Speaker 13: I read an analysis date might you might like this?

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Speaker 13: This is Trump negotiating tactics. This is what he does.

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Speaker 13: You initially you anchor the topic.

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Speaker 12: With extreme offers, you have this relentless framing of outcomes.

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Speaker 13: We're going to get richer, We're going to get stronger.

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Speaker 12: You create perceived urgency, you know this is going to

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Speaker 12: happen by Tuesday or Wednesday next week, and then you

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Speaker 12: leverage off that unpredictability, and you use all these public

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Speaker 12: platforms social media, TV, etc.

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Speaker 13: As leverage there.

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Speaker 12: So we've talked about this creating volatility. The one thing

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Speaker 12: I want to point out about we were going to

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Speaker 12: see more volatility under Trump.

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Speaker 13: If I look at the volatility index.

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Speaker 12: Of the share markets, it's actually been quite benign me

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Speaker 12: since the beginning of January.

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Speaker 13: So we actually share.

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Speaker 12: Markets at the moment appear to be handling and we're

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Speaker 12: not quite seeing the volatility that I thought we might see.

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Speaker 2: I think because we've seen it before.

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Speaker 12: Now, what are the numbers the Dale Jones at the moment,

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Speaker 12: I'll call it pretty flat. It's up twenty seven points

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Speaker 12: forty four thy three hundred and thirty. The S and

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Speaker 12: P five hundred is up just over half of half

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Speaker 12: a percent, So this.

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Speaker 13: Is despite the tariff talk.

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Speaker 12: It's up thirty three points six thousan fifty eight and

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Speaker 12: the tech companies are bouncing back a little bit. In

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Speaker 12: video bouncing back, It's up point nine percent one hundred

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Speaker 12: and seventy nine points nineteen thousand, seven hundred and three overnight.

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Speaker 12: The fourteen one hundred gained three quarters percent eight seven

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Speaker 12: six seven the clothes. There relatively little change in the

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Speaker 12: NIK thirty eight thousand, eight hundred and one Shanghai composite

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Speaker 12: up just over half percent three thousand, three hundred and

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Speaker 12: twenty two. The Aussis yesterday lost a third of percent

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Speaker 12: eight four eight two was the closed in the A

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Speaker 12: six two hundred, and we lost er point two percent

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Speaker 12: on the NZX fifty twelve thousand, eight hundred and seventy

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Speaker 12: six ki wei dollar against the US point five six.

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Speaker 13: Four six point eight nine nine eight.

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Speaker 12: Against the Aussie point five four seven nine euro, point

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Speaker 12: four five six two pounds eighty five point six eight

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Speaker 12: against the Japanese en gold. Mike continues to rally two thousand,

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Speaker 12: nine hundred dollars now and break through seventy five dollars

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Speaker 12: and ninety.

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Speaker 2: Three well see tomorrow Andrew callaher Jomiwealth dot Co dot

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Speaker 2: m zsk JB high five come on in first half

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Speaker 2: of the financial year. This is New Zealand as well.

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Speaker 2: The New Zealand division total revenue up twenty percent. This

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Speaker 2: is retail. This is fridges and big ticket items. Largest

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Speaker 2: regional growth within the JB high by whole groups and

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Speaker 2: New Zealand going gangbusters gross profits up twenty two percent.

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Speaker 2: Divisions gross margin up thirty three points to seventeen percent.

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Speaker 2: Big ticket items were the big sellers. Largest growth in

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Speaker 2: online sales up from twelve percent to fifty eight percent.

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Speaker 2: They're targeting five new stores across the financial year. Two

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Speaker 2: stores already open. I mean, you can't be doing much

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Speaker 2: better than that. For goodness save what recession? What cost

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Speaker 2: of living crisis? Six twenty two, He refused Talk.

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Speaker 1: SVB good the Mic Hosking Breakfast Full Show podcast on

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Speaker 1: iHeartRadio powered by News Talk.

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Speaker 2: Set B Morning. Mike, did you know you can only

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Speaker 2: have one KEI SAB provider, but as many fund managers

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Speaker 2: as you want? I did know that. Actually, ninety nine

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Speaker 2: point nine percent to qisaver has got no idea. It's

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Speaker 2: called multi manager investing. Its the future of key we save.

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

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Speaker 3: Mike.

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Speaker 2: Total qisaber assets less than five percent of the total

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Speaker 2: net household assets, all assets held households, et cetera. Perhaps

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Speaker 2: that may help explain why an Z's poor performance doesn't

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Speaker 2: seem to matter. Thank you, Michael, appreciate that you might be.

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Speaker 2: But just because your house is necessarily going up in value,

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Speaker 2: do you think I'm wealthy? I don't need keyisab or

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Speaker 2: if I do have a house. Therefore, my kisaber can

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Speaker 2: do whatever it wants. It doesn't really matter. Twenty five pass.

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Speaker 1: Six trending now with chemist Well's keeping Kiwi's healthy.

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Speaker 3: All year out.

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Speaker 2: Super Bowl Eagles killed the Chiefs all over by halftime

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Speaker 2: tailor got booed. Travis apparently, we are told, felt helpless

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Speaker 2: when he heard that booming. He was on the so

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Speaker 2: he just felt helpless. Halftime show Kendrick Lamar did perform

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Speaker 2: the song. Everyone wondered whether he would or not, but

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Speaker 2: he dropped the offending lyrics. It also featured a William's

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Speaker 2: sister and Samuel Jackson. Also Scissor broadly panned as being

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Speaker 2: flat of not the worst show ever. I didn't think

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Speaker 2: it was the worst show ever. But you couldn't sing

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Speaker 2: along to him, And that's the problem with rap. You

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Speaker 2: can't sing along to rap, asked Buffy Saint Marie. I

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Speaker 2: mean that's stuff you could sing along to anyway. We

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Speaker 2: also heard this, which you can sing along to.

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Speaker 14: Yeah, you see Bay the dogs.

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Speaker 6: Lies?

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Speaker 13: What's so cradly?

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Speaker 2: You reckon? You listened to Chris Stapleton and he thought

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Speaker 2: I'll mix it up except with piano just twisted. Lastly,

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Speaker 2: seven time Grammy winner Louisiana state native John Baptiste, here's

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Speaker 2: the house band for the Stephen Colbeer Show.

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Speaker 15: I don't understand why they don't just get Chris Stable

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Speaker 15: to do it every time. It's like, why wouldn't you

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Speaker 15: just get Billy Cristal.

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Speaker 2: That's why I do the show every day. They heard

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Speaker 2: it the first time? More where that came from? Please?

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Speaker 15: I mean that's more of a case. You can't find

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Speaker 15: anybody else to do it.

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Speaker 2: And the hours are crappy. He's not that good.

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Speaker 15: What did you make the false ending though?

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Speaker 16: On this.

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Speaker 6: Last love the.

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Speaker 2: Crap?

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Speaker 15: Yeah, just get Chris Staple to the dirt every time.

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Speaker 2: Every time you heard it? Here first, Shane Jones on

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Speaker 2: Wope Banks after the News, which is next.

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

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Speaker 1: mic costing Breakfast with the Range rover villa designed to

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Speaker 1: intrigue and use togs head be bit of.

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Speaker 2: The surf this morning, Mike. The recent pols showing the

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Speaker 2: left block ahead a very concerning. It will, no doubt

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Speaker 2: how a negative impact on business and consumer confidence. The

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Speaker 2: silver lining is the change rocket. It will put up

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Speaker 2: Luxon and co. So we'll see. We'll come back to

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Speaker 2: the numbers and crunch them for you in just a

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Speaker 2: couple of moments. Twenty three minutes away from seven Jdvarnce

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Speaker 2: is in France and we'll talk to Catherine Field very

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Speaker 2: shortly on that. And X have got major problems. So

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Speaker 2: cyber crime probe into that particular company in that particular

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Speaker 2: part of the world. Anyway, that's still to come. Meantime.

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Speaker 2: New Zealand first moving forward on their banking bill that

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Speaker 2: will prevent banks from refusing services based on social or

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Speaker 2: environmental grounds. This is the woke bank law trouble as

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Speaker 2: it needs to be pulled to move forward. The Resources

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Speaker 2: Minister Shane Jones is back with us on that's very

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Speaker 2: good morning to you.

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Speaker 17: Folks.

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Speaker 2: I didn't realize that it didn't have government support. Do

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Speaker 2: you have government support of a got pulled?

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Speaker 14: You may recall the Finance Minister said, if the bill

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Speaker 14: is pulled and they will certainly look at it, but

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Speaker 14: I think there's probably a growing level of support.

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Speaker 17: That we're going to get out of our own way.

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Speaker 2: Mate.

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Speaker 17: This bill is premised on and understanding that New Zealand

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Speaker 17: is currently burdened by a whole bunch of regulations and

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Speaker 17: headwake costs from previous administrations, but particularly offensive part that

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Speaker 17: afflicts the banks actually comes from the climate reporting obligations

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Speaker 17: imposed in twenty twenty two, and this week bill as

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Speaker 17: an attempt to free the banks from those obligations, because,

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Speaker 17: as Charlie Buffett's sidekick said, show me the incentive and

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Speaker 17: I'll show you the outcome, and the incentive of all

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Speaker 17: these climate reporting obligations has actually driven the banks into

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Speaker 17: this word territory.

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Speaker 2: Chris Luxon on this program last week agreed with you wholeheartedly,

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Speaker 2: but doesn't seem to be in favor of law. Can

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Speaker 2: he do it just by jaw boning the banks out

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Speaker 2: of it? Or do you think you need law? Now?

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Speaker 17: The power of the New Zealand based banks is in Australia.

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Speaker 17: The Australians do not have this regime. This was the

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Speaker 17: conceit of the de in covenment, believing that they could

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Speaker 17: outsource the responsibility of stopping China building them by the

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Speaker 17: Coldtar power station by imposing costs and banks who are

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Speaker 17: passing them on to farmers and miners. So we've got

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Speaker 17: to deal with this ideological bump fluff and if we don't,

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Speaker 17: we're condemned to bear these headway costs driven under the

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Speaker 17: cover of climate and the country just part.

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Speaker 2: Apported me this is true. Having said that. The counter argument,

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Speaker 2: apparently in Claire Matthews, was on from the university this morning.

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Speaker 2: They say it's not about climate, it's about de risking.

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Speaker 2: They don't want to get involved in businesses that are dying,

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Speaker 2: that aren't profitable, and that's the decision of any bank.

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Speaker 2: Is that fair or not?

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Speaker 17: Well, the bank's had to assess the credit worthiness of

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Speaker 17: an applicants, but don't talk to the farmers. When was

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Speaker 17: it the bank's job to ascertain how much of an

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Speaker 17: emission problem each cow represents and how businesses, by the way,

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Speaker 17: are selling legitimate goods and services internationally should be closed

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Speaker 17: down by the luxury breefs. Now, Massi University has always

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Speaker 17: trotted our banking experts to themselves are disciples of workism.

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Speaker 2: Do you reckon you've got the numbers if it gets pulled,

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Speaker 2: because that would be the worst thing that could happen

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Speaker 2: to you, isn't it.

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Speaker 17: Well? I believe I've got the numbers in two ways.

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Speaker 17: And number one, I've certainly got the numbers in Parliament

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Speaker 17: to gut the energy settings of the New Zealand power sector,

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Speaker 17: and I'm giving a speech about that very shortly. And secondly,

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Speaker 17: I genuinely believe that even Labor realizes that they went

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Speaker 17: too far on all of this climate hysteria. Now I know,

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Speaker 17: as I've said that brings they're going to campaign on it.

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Speaker 17: But we are be set by a set of regulatory

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Speaker 17: impositions that the country can no longer afford. We cannot

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Speaker 17: stop Russia stopped India, we cannot stopped China starting another

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Speaker 17: coal five power station. They used more coal than twenty

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Speaker 17: twenty four than any other year. And elise the idea

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Speaker 17: of og book conceit New Zealand has cam afford the

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Speaker 17: same experiment made.

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Speaker 2: Nice to talk to you appreciate it. Shane Jones, Resources Minister.

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Speaker 2: Of course, ninety minutes away from seven skiing is of

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Speaker 2: course correct because the article you should readers in SENBC.

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Speaker 2: The world isn't close to breaking free from coal. Demand

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Speaker 2: for it is surging. US exports of coal have been

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Speaker 2: rising steadily. The global shift away from coal remains challenging,

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Speaker 2: driven by rising demand in Asia. This is from the

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Speaker 2: Global Energy Monitors Global Coal Mine Tracker. World's coal capacity

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Speaker 2: reached a new record high of nearly two thy one

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Speaker 2: hundred and seventy five gigawatts last year. China Its coal

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Speaker 2: imports have surged fourteen and a half percent to a

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Speaker 2: record high last year five hundred and forty two point

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Speaker 2: seven million metric tons, accounting for more than fifty six

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Speaker 2: percent of global demand in twenty twenty three. Hydro power.

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Speaker 2: That's when solar, all of that sort of stuff. Thirty

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Speaker 2: percent of chin is electricity mix thirty percent, so you

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Speaker 2: know where the rest is coming. Another major barrier is

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Speaker 2: not the availability of renewable energy infrastructure, but the difficulty

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Speaker 2: of transmitting solar and windpower across provinces. Coal will continue

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Speaker 2: to be a critical energy backbone in China until grid

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Speaker 2: integration and management is fully developed across the entire country.

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Speaker 2: In India, extreme heat has led to soaring energy demand

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Speaker 2: for cooling. Clean energy sources are not built fast enough

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Speaker 2: to make the country's growing power mard like that or not,

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Speaker 2: that's your reality, and that's what Jones is arguing, and

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Speaker 2: on that he's right.

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Speaker 1: Eighteen to two The Mike Hosking Breakfast Full Show podcast

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Speaker 1: on iHeartRadio powered by News Talks at.

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Speaker 2: B Actually speaking of China and semi related matters, I

440
00:20:45,040 --> 00:20:47,919
Speaker 2: reading this morning that Tesla, who are getting caned in China.

441
00:20:48,440 --> 00:20:51,720
Speaker 2: They've announced an eight thousand and one insurance planned subsidy.

442
00:20:51,720 --> 00:20:53,399
Speaker 2: That's two thousand dollars. In other words, they'll pay your

443
00:20:53,400 --> 00:20:56,920
Speaker 2: insurance for your car. And they're doing five year zero

444
00:20:57,119 --> 00:21:02,679
Speaker 2: percent interest financing, five years zero percent plus your insurance paid.

445
00:21:02,960 --> 00:21:06,040
Speaker 2: Is it ZPN, zping, xping, whatever it is? That car

446
00:21:06,080 --> 00:21:10,040
Speaker 2: company they're doing the same so they can't sell them,

447
00:21:10,240 --> 00:21:11,919
Speaker 2: so they're trying to make it as easy as possible.

448
00:21:11,920 --> 00:21:16,240
Speaker 2: Six forty five International correspondence with ends in eye insurance

449
00:21:16,400 --> 00:21:19,000
Speaker 2: Peace of mind for New Zealand business. Why Frank castin

450
00:21:19,040 --> 00:21:22,080
Speaker 2: Field morning to you. Good morning mate. There's a Macron

451
00:21:22,119 --> 00:21:25,720
Speaker 2: announcement of one hundred and nine billion euros for AI investment.

452
00:21:25,760 --> 00:21:28,080
Speaker 2: Who's one hundred and nine billion? Is he spending there

453
00:21:28,200 --> 00:21:31,400
Speaker 2: is that all in the on the never never Well.

454
00:21:31,440 --> 00:21:36,760
Speaker 18: He says that various investment funds from the Gulf States, Canada, America,

455
00:21:37,000 --> 00:21:39,760
Speaker 18: quite a lot of French investment is going into that.

456
00:21:40,280 --> 00:21:44,320
Speaker 18: He's really all in on AI, Mike, just essentially today

457
00:21:45,000 --> 00:21:47,560
Speaker 18: Monday here in France, and on Tuesday he's got this

458
00:21:47,680 --> 00:21:50,920
Speaker 18: big summit going on in Paris where we're seeing a

459
00:21:50,960 --> 00:21:53,040
Speaker 18: lot of the world leaders turn up there as well

460
00:21:53,080 --> 00:21:57,120
Speaker 18: as a open AI boss, Google boss is there. What

461
00:21:57,200 --> 00:22:00,480
Speaker 18: he's saying, Mike is that the technology is there, the

462
00:22:00,600 --> 00:22:04,800
Speaker 18: advanced technologies there, the NOHOW is there, and France can

463
00:22:04,880 --> 00:22:08,000
Speaker 18: really go at it now that in terms of innovation,

464
00:22:08,359 --> 00:22:11,680
Speaker 18: the companies have got what they need. And of course

465
00:22:11,720 --> 00:22:14,040
Speaker 18: the big change in all this that everyone's been looking

466
00:22:14,040 --> 00:22:17,640
Speaker 18: at has been the announcement that Deep Seek. The Chinese

467
00:22:18,600 --> 00:22:21,240
Speaker 18: ability to develop a high showed that they could do

468
00:22:21,280 --> 00:22:24,000
Speaker 18: it with fewer resources. That was a real turning point

469
00:22:24,640 --> 00:22:27,760
Speaker 18: the French thing, because it showed that AI could be

470
00:22:27,800 --> 00:22:32,080
Speaker 18: developed much cheaper, research and developing costs much much cheaper,

471
00:22:32,119 --> 00:22:36,359
Speaker 18: and it suddenly became a highly competitive market. So that's

472
00:22:36,359 --> 00:22:37,920
Speaker 18: what Macron is hoping for.

473
00:22:38,040 --> 00:22:39,480
Speaker 2: He says that the.

474
00:22:39,359 --> 00:22:43,239
Speaker 18: Innovation is there. It can be done, but you do,

475
00:22:43,359 --> 00:22:45,359
Speaker 18: of course need to have and this is where it

476
00:22:45,400 --> 00:22:48,000
Speaker 18: all gets a bit sticky, Mike. As well as what

477
00:22:48,080 --> 00:22:50,159
Speaker 18: it will cost and the manpower that needs to be

478
00:22:50,200 --> 00:22:53,879
Speaker 18: trained is governance. And what he's relying on there is

479
00:22:53,920 --> 00:22:56,800
Speaker 18: the fact that the European Union later this year will

480
00:22:56,880 --> 00:23:01,439
Speaker 18: come into effect their binding rules on and that really

481
00:23:01,520 --> 00:23:05,679
Speaker 18: is sort of quite firm on the specific uses of AI.

482
00:23:05,960 --> 00:23:10,239
Speaker 18: You know, the higher risks such as manipulation, deception that

483
00:23:10,280 --> 00:23:13,000
Speaker 18: won't be allowed, that will be shut down, and of

484
00:23:13,040 --> 00:23:16,800
Speaker 18: course other things like disclosure obligations. People have to be

485
00:23:16,840 --> 00:23:18,919
Speaker 18: told if they're going to be talking to a chatpot,

486
00:23:19,320 --> 00:23:21,800
Speaker 18: those sorts of things. So also, you know, as well

487
00:23:21,840 --> 00:23:24,080
Speaker 18: as the innovation, looking at the ethical side of it,

488
00:23:24,160 --> 00:23:28,399
Speaker 18: the conformity and hoping that more people will come forward

489
00:23:28,440 --> 00:23:30,879
Speaker 18: with money, and of course there's two hundred billion New

490
00:23:30,960 --> 00:23:33,960
Speaker 18: Zealand dollars worth. It looks a lot that when you

491
00:23:33,960 --> 00:23:36,120
Speaker 18: look at, say, for example, what the Americans are putting

492
00:23:36,160 --> 00:23:40,000
Speaker 18: into AI, yeah, it's not there. But of course this

493
00:23:40,080 --> 00:23:43,720
Speaker 18: has upset the Americans, particularly JD. Vance, who's turning up

494
00:23:43,760 --> 00:23:46,480
Speaker 18: here at anytime now. He said that the Americans are

495
00:23:46,560 --> 00:23:50,440
Speaker 18: really very angry about what he calls censorship of American

496
00:23:50,480 --> 00:23:51,639
Speaker 18: platforms in Europe.

497
00:23:51,760 --> 00:23:53,639
Speaker 2: Okay, let me come back to that, JD in just

498
00:23:53,640 --> 00:23:55,679
Speaker 2: a couple of moments. Because AI is taking tech as

499
00:23:55,840 --> 00:23:57,560
Speaker 2: X and X has got trouble. Is this a big

500
00:23:57,560 --> 00:23:59,480
Speaker 2: deal with probe and France ober X.

501
00:24:00,480 --> 00:24:04,959
Speaker 18: It is a big deal, mostly because cybercrime has really

502
00:24:05,000 --> 00:24:08,520
Speaker 18: been treated here in France pretty much the same as

503
00:24:08,520 --> 00:24:12,520
Speaker 18: computer hacking. They regard it as if you've got a

504
00:24:13,040 --> 00:24:16,680
Speaker 18: social media platform, you have got a responsibility, so you

505
00:24:16,720 --> 00:24:21,080
Speaker 18: cannot do things like manipulate algorithm, you cannot have interference

506
00:24:21,119 --> 00:24:24,040
Speaker 18: from management. And so we've got this case that's just

507
00:24:24,080 --> 00:24:27,800
Speaker 18: been put forward by the cyber Crime Prosecutor's office saying

508
00:24:27,840 --> 00:24:33,080
Speaker 18: that X has been favoring propaganda and it's own messaging

509
00:24:33,480 --> 00:24:37,160
Speaker 18: over real news, so the same that's actually not right,

510
00:24:37,359 --> 00:24:40,880
Speaker 18: it is biased news. They also say that there's allegations

511
00:24:40,880 --> 00:24:46,840
Speaker 18: that's hateful, racist content that's aimed at not just hurting

512
00:24:46,880 --> 00:24:50,800
Speaker 18: people but also skewing the democratic debate. So that's got

513
00:24:50,840 --> 00:24:54,280
Speaker 18: a lot of interest here as well as Last week

514
00:24:54,320 --> 00:24:57,000
Speaker 18: in Germany, at German court ordered X to hand over

515
00:24:57,240 --> 00:25:01,520
Speaker 18: all of the data it had collected on politically related content. Again,

516
00:25:01,600 --> 00:25:05,560
Speaker 18: we're looking at engagement data, so trying to make X

517
00:25:05,600 --> 00:25:08,199
Speaker 18: as responsible as it can and what is becoming a

518
00:25:08,359 --> 00:25:11,560
Speaker 18: very difficult democratic debate here in Europe.

519
00:25:11,720 --> 00:25:14,200
Speaker 2: Just back to JD is does he know, do you reckon?

520
00:25:14,240 --> 00:25:16,639
Speaker 2: He knows what Donald's thinking about tariffs? Or he just

521
00:25:16,680 --> 00:25:17,920
Speaker 2: sort of comes in and says a whole lot of

522
00:25:18,000 --> 00:25:20,320
Speaker 2: random stuff, And how worried about tariffs in general are you?

523
00:25:20,359 --> 00:25:22,480
Speaker 2: And is our terriffs even being talked about with JD?

524
00:25:23,400 --> 00:25:26,520
Speaker 18: Well, it's going to be a very interesting getting to

525
00:25:26,560 --> 00:25:27,159
Speaker 18: know you, isn't it.

526
00:25:27,200 --> 00:25:27,360
Speaker 14: Mike.

527
00:25:27,440 --> 00:25:29,240
Speaker 18: This is the first time that they're going to actually

528
00:25:29,240 --> 00:25:31,320
Speaker 18: get to see him in the flash talk to him.

529
00:25:32,000 --> 00:25:33,400
Speaker 2: No one's quite sure what to.

530
00:25:33,440 --> 00:25:37,840
Speaker 18: Expect, especially when it comes to these tariffs. What's he

531
00:25:37,920 --> 00:25:40,760
Speaker 18: going to talk about? Also, don't forget later on this

532
00:25:40,800 --> 00:25:43,480
Speaker 18: week he's going to be at the Munich Security Conference

533
00:25:43,520 --> 00:25:47,200
Speaker 18: where he's supposed to be meeting Selensky, So no one knows.

534
00:25:47,320 --> 00:25:49,280
Speaker 18: We've been hearing all this stuff, and of course the

535
00:25:49,320 --> 00:25:53,080
Speaker 18: big question will be even if what he says, you know,

536
00:25:53,440 --> 00:25:56,480
Speaker 18: finds a residence here, is that really what Donald Trump

537
00:25:56,560 --> 00:25:58,720
Speaker 18: is thinking and will that still be the case twelve

538
00:25:58,720 --> 00:25:59,320
Speaker 18: hours later?

539
00:25:59,440 --> 00:26:02,000
Speaker 2: Yeah, watching him Arriah finally enough. I know he's brought

540
00:26:02,000 --> 00:26:05,160
Speaker 2: his whole family, including three kids, so at least they

541
00:26:05,560 --> 00:26:09,479
Speaker 2: sent him off to Disneyland. I guess I suppose they

542
00:26:09,480 --> 00:26:10,639
Speaker 2: can go to Disneyland.

543
00:26:10,680 --> 00:26:13,399
Speaker 18: It's rainy as it's really grotty Februy weather, so they

544
00:26:13,480 --> 00:26:14,199
Speaker 18: might not enjoy it.

545
00:26:14,240 --> 00:26:16,480
Speaker 2: Then, all right, nice to see you, Katherine Cathererfield and France.

546
00:26:16,480 --> 00:26:18,200
Speaker 2: By the way, just before we leave Europe, I'm reading

547
00:26:18,320 --> 00:26:22,320
Speaker 2: headline how Spain's economy became the envy of Europe and

548
00:26:22,359 --> 00:26:23,800
Speaker 2: you know how they did it. Gosh, they did it

549
00:26:23,840 --> 00:26:27,560
Speaker 2: with tourism. They were rivaling France for the ninety four

550
00:26:27,560 --> 00:26:29,720
Speaker 2: million people went to Spain last year. I mean a

551
00:26:29,720 --> 00:26:31,560
Speaker 2: few of them got squirted with water guns. But big

552
00:26:31,600 --> 00:26:34,680
Speaker 2: that as it may, it seriously affected the economy. France

553
00:26:34,720 --> 00:26:38,160
Speaker 2: does about one hundred million industries. Tourism industry's post COVID

554
00:26:38,200 --> 00:26:42,440
Speaker 2: expansion major reason why the Eurozone's fourth biggest economy is

555
00:26:42,480 --> 00:26:47,040
Speaker 2: easily outgrowing Germany, France, Italy, the United Kingdom. Their GDP

556
00:26:47,160 --> 00:26:51,399
Speaker 2: last year growth growth growth, remember growth three point two percent,

557
00:26:51,640 --> 00:26:54,600
Speaker 2: and they did it with tourism. There's an idea min

558
00:26:54,680 --> 00:26:55,760
Speaker 2: away from seven.

559
00:26:55,800 --> 00:26:59,360
Speaker 1: The Mike Hosking Breakfast with Bailey's Real Estate News Talk

560
00:26:59,600 --> 00:27:00,640
Speaker 1: v you to tell you.

561
00:27:00,600 --> 00:27:02,760
Speaker 2: The polls mean nothing apart from one. We all like

562
00:27:02,760 --> 00:27:05,040
Speaker 2: a poll. Everyone loves a poll. But the polls and

563
00:27:05,040 --> 00:27:06,880
Speaker 2: two of them indicator of the three of late, two

564
00:27:06,920 --> 00:27:08,880
Speaker 2: of them indicate a change of government, or do they.

565
00:27:09,280 --> 00:27:11,680
Speaker 2: First of all, in one poll, they're trying to tell

566
00:27:11,720 --> 00:27:13,560
Speaker 2: me the Greens have about thirteen percent. The Greens don't

567
00:27:13,560 --> 00:27:16,160
Speaker 2: have thirteen percent. They've never had thirteen percent, they haven't

568
00:27:16,200 --> 00:27:18,760
Speaker 2: gone up three and a half points. They're never going

569
00:27:18,840 --> 00:27:21,119
Speaker 2: to get thirteen percent, so that number is wrong. Another

570
00:27:21,160 --> 00:27:23,760
Speaker 2: pole tells us that the Maray vote has crashed. It's

571
00:27:23,800 --> 00:27:26,439
Speaker 2: down three points. They never had the three points in

572
00:27:26,480 --> 00:27:30,280
Speaker 2: the first place, therefore they haven't crashed. The only synergistic

573
00:27:30,440 --> 00:27:35,040
Speaker 2: aspect of all of these polls is roughly roughly they

574
00:27:35,160 --> 00:27:37,399
Speaker 2: turn out to be about right in terms of the

575
00:27:37,480 --> 00:27:41,639
Speaker 2: Nats are on about low thirties, Labour's on about low thirties,

576
00:27:42,000 --> 00:27:44,199
Speaker 2: and it's a tight race. But if you start believing

577
00:27:44,200 --> 00:27:47,000
Speaker 2: the Greens on thirteen and the Maori Party were on seven,

578
00:27:47,160 --> 00:27:49,320
Speaker 2: then that's where your change of government comes in. And

579
00:27:49,359 --> 00:27:51,440
Speaker 2: given you don't believe those numbers, there is no change

580
00:27:51,480 --> 00:27:53,160
Speaker 2: of government. And that's before we get to the fact

581
00:27:53,200 --> 00:27:55,320
Speaker 2: that there were two years away from an election, five

582
00:27:55,359 --> 00:27:56,119
Speaker 2: away from seven.

583
00:27:57,280 --> 00:28:01,600
Speaker 1: All the ins and the ouse it's is with business favor,

584
00:28:01,760 --> 00:28:04,320
Speaker 1: take your business productivity to the next level.

585
00:28:04,480 --> 00:28:07,080
Speaker 2: Right insight in the American economy via the Mighty macers.

586
00:28:07,080 --> 00:28:09,160
Speaker 2: Where the Big Mac goes, America goes. And if that's true,

587
00:28:09,160 --> 00:28:12,440
Speaker 2: it's not good news. Disappointing words from macas Q four

588
00:28:12,880 --> 00:28:16,000
Speaker 2: globally net sales eleven point three billion, that's New Zealand dollars.

589
00:28:16,040 --> 00:28:18,560
Speaker 2: That's on par with Q four of last year average

590
00:28:18,560 --> 00:28:21,639
Speaker 2: same store sales, a growth of zero point four percent

591
00:28:21,920 --> 00:28:24,280
Speaker 2: in America, though it's down, and that's the problem because

592
00:28:24,280 --> 00:28:27,439
Speaker 2: it's forty percent of their sales globally same store sales

593
00:28:27,440 --> 00:28:30,560
Speaker 2: in America one point four percent down. That compares with

594
00:28:30,560 --> 00:28:32,119
Speaker 2: an increase of four point three and Q four of

595
00:28:32,160 --> 00:28:34,439
Speaker 2: twenty twenty three. It probably has something to do with

596
00:28:34,480 --> 00:28:37,040
Speaker 2: that purple shake. Have you seen the purple shack? Was

597
00:28:37,080 --> 00:28:38,600
Speaker 2: it grimace, grimm whatever.

598
00:28:38,360 --> 00:28:38,840
Speaker 6: The hell that is?

599
00:28:39,040 --> 00:28:40,960
Speaker 2: Yeah, yeah, so I.

600
00:28:40,920 --> 00:28:44,360
Speaker 15: Think nobody quite knows what the flavor is. It's just grimmace.

601
00:28:44,000 --> 00:28:45,800
Speaker 2: Flavors, purple purple face.

602
00:28:45,920 --> 00:28:48,240
Speaker 15: Yeah, yeah, just going to start heats with grimace as

603
00:28:48,240 --> 00:28:48,640
Speaker 15: I think.

604
00:28:48,680 --> 00:28:51,600
Speaker 2: Foot traffic's up. But I looked up here's how sad

605
00:28:51,640 --> 00:28:53,440
Speaker 2: I am. I saw that purple shack the other day

606
00:28:53,480 --> 00:28:54,920
Speaker 2: and I thought that's the biggest part of crap IB

607
00:28:54,920 --> 00:28:58,240
Speaker 2: ever seen. So I looked up the Calorific intake. What

608
00:28:58,320 --> 00:29:02,280
Speaker 2: did I say, Sam? It had something like eighty percent. Yeah,

609
00:29:02,320 --> 00:29:04,760
Speaker 2: it was like eighty percent of your sugar and take

610
00:29:04,840 --> 00:29:05,280
Speaker 2: for the day.

611
00:29:05,720 --> 00:29:08,520
Speaker 15: So as a time saver, it was just ridiculous.

612
00:29:08,560 --> 00:29:12,240
Speaker 2: Anyway, the CEO says, last year didn't meet expectations. You

613
00:29:12,360 --> 00:29:15,240
Speaker 2: felt McDonald's was part of every major news story in

614
00:29:15,280 --> 00:29:17,840
Speaker 2: the world, while they have been because Trump's linked to McDonald's.

615
00:29:18,760 --> 00:29:21,320
Speaker 2: Then you had the coal I breakout, which I'm assuming

616
00:29:21,360 --> 00:29:23,160
Speaker 2: I don't know much about McDonald's, but I'm assuming you

617
00:29:23,200 --> 00:29:25,400
Speaker 2: col a upbreaks are not good for business. Could be wrong.

618
00:29:25,720 --> 00:29:28,000
Speaker 2: They've spen one hundred and seventy five million on marketing

619
00:29:28,040 --> 00:29:31,360
Speaker 2: in December. They've launched a new five dollar value menu

620
00:29:31,480 --> 00:29:34,680
Speaker 2: to lure people back. So and that's before you get

621
00:29:34,720 --> 00:29:37,480
Speaker 2: to the very exciting wannicer opening. Sorry to upset you,

622
00:29:37,480 --> 00:29:39,040
Speaker 2: wannacare if you one of those people who went well

623
00:29:39,160 --> 00:29:41,880
Speaker 2: don't want McDonald's and Monica. My sense of it is

624
00:29:42,040 --> 00:29:44,040
Speaker 2: it will be open. The announcement is coming this week

625
00:29:44,080 --> 00:29:47,040
Speaker 2: and that's gone so many submissions, so many submissions, when

626
00:29:47,400 --> 00:29:51,280
Speaker 2: so many many submissions, so much time, so much energy,

627
00:29:51,520 --> 00:29:54,200
Speaker 2: and so much money and for what an opening up

628
00:29:54,200 --> 00:29:57,120
Speaker 2: for McDonald's and that will turn global sales around. Remember

629
00:29:57,120 --> 00:29:58,080
Speaker 2: where you heard it first?

630
00:29:58,400 --> 00:30:03,479
Speaker 19: News is next, the breakfast show, Kiwi's Trust to stay

631
00:30:03,680 --> 00:30:07,200
Speaker 19: in the Know, the mic hosting Breakfast with Bailey's real

632
00:30:07,280 --> 00:30:10,880
Speaker 19: Estate finding the buyers others can't use Togsdad b Budding.

633
00:30:10,680 --> 00:30:12,920
Speaker 2: Seven past seven. So the talking noise has started around

634
00:30:12,920 --> 00:30:15,160
Speaker 2: the government's Global investments Summitt around one hundred of the

635
00:30:15,160 --> 00:30:17,840
Speaker 2: world's top investors businesses. Construction Leader is going to be

636
00:30:17,880 --> 00:30:20,080
Speaker 2: here to hear that we are open and looking for

637
00:30:20,160 --> 00:30:23,160
Speaker 2: money and deals now. Simplicity CEO Sam Stubbs is going

638
00:30:23,200 --> 00:30:24,760
Speaker 2: to be there and he's with us. Sam, morning to you,

639
00:30:25,560 --> 00:30:27,680
Speaker 2: good morning. How much is riding on this you reckon?

640
00:30:29,040 --> 00:30:31,880
Speaker 20: Look? I think quite a lot, Mike. I mean there

641
00:30:31,880 --> 00:30:33,440
Speaker 20: will be an awful lot of money in the room.

642
00:30:33,440 --> 00:30:36,480
Speaker 20: I think what I'm concerned about is that the government

643
00:30:36,480 --> 00:30:38,479
Speaker 20: will spend more time focus on the offshore money than

644
00:30:38,520 --> 00:30:42,000
Speaker 20: the domestic money. You know you have kV Saber managers

645
00:30:42,040 --> 00:30:43,120
Speaker 20: will be in the room there, they'll have it one

646
00:30:43,200 --> 00:30:45,280
Speaker 20: hundred and twenty billion dollars right now and that'll should

647
00:30:45,320 --> 00:30:48,640
Speaker 20: be about a trillion dollars by twenty fifty. So getting

648
00:30:48,680 --> 00:30:50,640
Speaker 20: a dollar in from overseas is I think a lot

649
00:30:50,680 --> 00:30:53,160
Speaker 20: harder than getting a domestic dollar in the door. And

650
00:30:53,280 --> 00:30:54,920
Speaker 20: if you look at the Aussie super funds, they have

651
00:30:54,960 --> 00:30:57,600
Speaker 20: about fifty percent of their money invested domestically at the moment.

652
00:30:57,600 --> 00:30:59,480
Speaker 20: The Kiwi save for funds have got about thirty percent.

653
00:30:59,640 --> 00:31:02,440
Speaker 20: So if by twenty fifty you could have another two

654
00:31:02,520 --> 00:31:05,840
Speaker 20: hundred billion dollars invested in New Zealand by Kiwi fund managers.

655
00:31:05,840 --> 00:31:08,440
Speaker 20: So if this conference is doing what we would typically

656
00:31:08,440 --> 00:31:10,320
Speaker 20: doing sort of the nineteen nineties and focus on the

657
00:31:10,360 --> 00:31:13,440
Speaker 20: offshore money, that's all very well. But I think the

658
00:31:13,480 --> 00:31:16,760
Speaker 20: size of the prize domestically is much much bigger.

659
00:31:16,520 --> 00:31:19,600
Speaker 2: And so locally would collab with international or we could

660
00:31:19,640 --> 00:31:21,120
Speaker 2: do a lot more than we are with local.

661
00:31:22,400 --> 00:31:23,760
Speaker 20: We could do an awful lot more than we are

662
00:31:23,800 --> 00:31:25,840
Speaker 20: with local right now. What you have to do is

663
00:31:26,080 --> 00:31:30,320
Speaker 20: sufficiently incentivize local managers to invest domestically, and we actually

664
00:31:30,320 --> 00:31:32,280
Speaker 20: want to. It's just it's very hard to find things

665
00:31:32,320 --> 00:31:36,760
Speaker 20: to invest in right now. So I think if we

666
00:31:36,800 --> 00:31:38,200
Speaker 20: have this conference like the one we would have had

667
00:31:38,240 --> 00:31:40,120
Speaker 20: in the nineteen nineties, which is us going out with

668
00:31:40,120 --> 00:31:41,640
Speaker 20: a begging bol and saying that we don't have that

669
00:31:41,720 --> 00:31:44,680
Speaker 20: much money, could you please, you know, basically look after

670
00:31:44,720 --> 00:31:46,400
Speaker 20: us and invest in us, I think that that would

671
00:31:46,400 --> 00:31:48,239
Speaker 20: be a shame because we're a very different country now.

672
00:31:48,280 --> 00:31:50,320
Speaker 20: We actually have a lot more money saved domestically. If

673
00:31:50,360 --> 00:31:53,720
Speaker 20: you ended up Key, we save acc and inz super

674
00:31:53,720 --> 00:31:56,000
Speaker 20: that's over two hundred billion dollars or remarket, it's a lot.

675
00:31:56,040 --> 00:31:58,600
Speaker 2: Do you want. What's the problem then, So when you

676
00:31:58,600 --> 00:32:00,720
Speaker 2: say we can't find anything to invest and what is it,

677
00:32:00,800 --> 00:32:03,120
Speaker 2: the internationals are coming to hear to see.

678
00:32:04,120 --> 00:32:06,280
Speaker 20: Look, I think what the government wants is for the

679
00:32:06,280 --> 00:32:08,680
Speaker 20: international investors to come in and fundable of the new stuff,

680
00:32:08,680 --> 00:32:12,320
Speaker 20: you know, build the new factories and so on. That

681
00:32:12,520 --> 00:32:15,360
Speaker 20: may well work, And I mean you have to be

682
00:32:15,480 --> 00:32:17,160
Speaker 20: very serious about this, might you know, you can't just

683
00:32:17,200 --> 00:32:19,640
Speaker 20: basically set up an expotent sprinklet with a few wall

684
00:32:19,640 --> 00:32:22,160
Speaker 20: blacks and expect foreigners to invest in new Zealand and

685
00:32:22,160 --> 00:32:25,160
Speaker 20: it's an extremely competitive business and you have to provide

686
00:32:25,200 --> 00:32:27,880
Speaker 20: a lot of incentives and that is not something key

687
00:32:27,920 --> 00:32:32,400
Speaker 20: we are usually comfortable with providing, you know, unfair competitive

688
00:32:32,440 --> 00:32:35,760
Speaker 20: advantage to the new international dollar versus the local players.

689
00:32:35,840 --> 00:32:38,080
Speaker 20: So I think we have to go through a mindset changer.

690
00:32:38,120 --> 00:32:40,080
Speaker 20: For you really want to get serious about making New

691
00:32:40,160 --> 00:32:42,960
Speaker 20: Zealand like Ireland, you have to deal with companies you

692
00:32:43,000 --> 00:32:45,200
Speaker 20: may not feel comfortable dealing with. For example, Island I

693
00:32:45,240 --> 00:32:48,760
Speaker 20: think has three research centers from Huawei. We don't like

694
00:32:48,960 --> 00:32:53,080
Speaker 20: Huawei investing here. They have to provide serious cash incentives.

695
00:32:53,120 --> 00:32:55,160
Speaker 20: So this is a this is a very serious game

696
00:32:55,200 --> 00:32:57,560
Speaker 20: you're playing when you're starting to fight for international capital.

697
00:32:57,600 --> 00:32:59,840
Speaker 20: I think the much easier prize is to get the

698
00:33:00,040 --> 00:33:01,360
Speaker 20: locals to invest more here.

699
00:33:01,720 --> 00:33:03,720
Speaker 2: Very good insight, and I'll put it to Crystal Blux

700
00:33:03,720 --> 00:33:05,480
Speaker 2: in about half an hour. Appreciate your time. Sam Stubb's

701
00:33:05,480 --> 00:33:09,120
Speaker 2: simplicity CEO. Ten minutes past seven, passing squorry of poles,

702
00:33:09,120 --> 00:33:11,560
Speaker 2: speaking of Luxlan. That tell broadly the same story. Whatever

703
00:33:11,600 --> 00:33:14,240
Speaker 2: the government's trying to convince us of isn't working. In

704
00:33:14,280 --> 00:33:16,280
Speaker 2: a couple of those poles, they're no longer in fact

705
00:33:16,280 --> 00:33:18,720
Speaker 2: the government as the left block scrape together enough to

706
00:33:18,720 --> 00:33:20,680
Speaker 2: get back to power. The poles to David Ferrara is

707
00:33:20,720 --> 00:33:24,240
Speaker 2: with us, David morning, Good morning. The fact we get

708
00:33:24,280 --> 00:33:27,960
Speaker 2: here differently from these different poles and some numbers, look ropy,

709
00:33:28,040 --> 00:33:29,320
Speaker 2: does any of that matter or not?

710
00:33:31,040 --> 00:33:34,560
Speaker 21: What may has I think is very close. I mean

711
00:33:35,240 --> 00:33:38,000
Speaker 21: one pole has at sixty sixty, the other sixty one

712
00:33:38,160 --> 00:33:42,360
Speaker 21: fifty nine. But the methods they're seeing is that the

713
00:33:43,120 --> 00:33:47,640
Speaker 21: lead the government has dissipated. Now there's not totally unusual.

714
00:33:47,680 --> 00:33:49,880
Speaker 21: And the first term of the Hall and Clark government

715
00:33:50,240 --> 00:33:52,520
Speaker 21: they had the ones of discontent and I think some

716
00:33:52,720 --> 00:33:56,120
Speaker 21: relowly there is that economics at play there where people

717
00:33:56,600 --> 00:33:59,880
Speaker 21: aren't happy about their economy and that's what's showing up.

718
00:34:00,600 --> 00:34:02,840
Speaker 2: And nor should we be happy about the economy, But

719
00:34:03,000 --> 00:34:04,920
Speaker 2: is that part of the problem and asking the people

720
00:34:04,960 --> 00:34:07,720
Speaker 2: the right wrong path? See, I would argue we are

721
00:34:07,760 --> 00:34:10,359
Speaker 2: on the wrong path, but it will come right right here.

722
00:34:10,440 --> 00:34:12,880
Speaker 2: Right now it's ugly, but it won't be forever because

723
00:34:12,880 --> 00:34:15,480
Speaker 2: broadly speaking of these guys kind of know what they're doing.

724
00:34:15,760 --> 00:34:17,960
Speaker 2: So what does that snapshot and the poll tell us

725
00:34:17,960 --> 00:34:21,960
Speaker 2: that we're just unhappy right now or will be unhappy

726
00:34:22,040 --> 00:34:24,319
Speaker 2: or we're unhappy right now but getting better, or we

727
00:34:24,360 --> 00:34:24,680
Speaker 2: don't know.

728
00:34:25,360 --> 00:34:29,160
Speaker 21: It is a very instinctive question, is the country going

729
00:34:29,200 --> 00:34:30,680
Speaker 21: the right way or the wrong way?

730
00:34:30,719 --> 00:34:31,920
Speaker 17: And it's a very gut one.

731
00:34:32,000 --> 00:34:35,399
Speaker 21: People don't really think about it, and I think it

732
00:34:35,520 --> 00:34:39,040
Speaker 21: just shows it is more about what's happening at the moment.

733
00:34:39,160 --> 00:34:42,719
Speaker 21: You've got unemployments tacking up because of high interest rates.

734
00:34:42,920 --> 00:34:44,920
Speaker 17: We had very well.

735
00:34:44,960 --> 00:34:47,880
Speaker 21: It was not weak economic growth. It was a recession.

736
00:34:48,960 --> 00:34:52,480
Speaker 21: We've got no end of the deficits inside and the

737
00:34:52,600 --> 00:34:55,440
Speaker 21: drop in the polls started in December and there's when

738
00:34:55,480 --> 00:34:58,359
Speaker 21: all this bad news came out. So I think what

739
00:34:58,400 --> 00:35:02,000
Speaker 21: you're seeing is people who the the economic news and

740
00:35:02,040 --> 00:35:04,960
Speaker 21: they're not sure are we gain to get out of it.

741
00:35:05,040 --> 00:35:10,400
Speaker 21: They haven't abandoned the government through anger. They're waiting to

742
00:35:10,480 --> 00:35:12,040
Speaker 21: see would be how I would.

743
00:35:12,440 --> 00:35:14,440
Speaker 2: Good good way of putting it. David appreciated as always

744
00:35:14,520 --> 00:35:17,359
Speaker 2: David Farrer, who's the poster political commentator. Whe us it's

745
00:35:17,360 --> 00:35:19,880
Speaker 2: twelve minutes past seven past get I know it's a

746
00:35:19,920 --> 00:35:21,520
Speaker 2: tough one, but can you quiz Luxe and about his

747
00:35:21,600 --> 00:35:24,600
Speaker 2: plans for Seymour moving forward. There's a tsunami of objectives

748
00:35:24,600 --> 00:35:27,240
Speaker 2: to him becoming the Deputy Prime Minister on social media,

749
00:35:27,960 --> 00:35:30,439
Speaker 2: My advice to you is ignore social media. What's said

750
00:35:30,480 --> 00:35:34,239
Speaker 2: on social media is completely and utterly irrelevant. Mike, I'm

751
00:35:34,280 --> 00:35:36,160
Speaker 2: not concerned about the polls. What I am concerned about

752
00:35:36,239 --> 00:35:38,560
Speaker 2: is the danger of a growing rift between Luxe and Seamoor. Peter,

753
00:35:38,640 --> 00:35:41,800
Speaker 2: don't be The media is completely misinterpreting this whole business.

754
00:35:41,840 --> 00:35:43,800
Speaker 2: As for that, driving your land driver up the steps

755
00:35:43,800 --> 00:35:45,480
Speaker 2: of Parliament looked like fun to me and I would

756
00:35:45,520 --> 00:35:48,040
Speaker 2: have loved to have done it myself. And so suddenly

757
00:35:48,040 --> 00:35:51,279
Speaker 2: that's your lead story. What bollocks? And so Luxon's caught

758
00:35:51,280 --> 00:35:54,000
Speaker 2: in the middle and watching his press conference yesterday post cabinet,

759
00:35:54,239 --> 00:35:56,840
Speaker 2: he doesn't want to get dragged in. Unfortunately, he's inevitably

760
00:35:56,880 --> 00:35:59,120
Speaker 2: going to get dragged in because the media is after clickbait.

761
00:35:59,400 --> 00:36:02,680
Speaker 2: And what people people don't seem to understand is Luxon

762
00:36:02,800 --> 00:36:06,560
Speaker 2: is not Seymour's boss, the same way he's not Peter's boss.

763
00:36:06,880 --> 00:36:11,080
Speaker 2: They're bosses of separate entities that come together. And this

764
00:36:11,280 --> 00:36:14,040
Speaker 2: business of the media asking Luckson, are you gonna tell

765
00:36:14,120 --> 00:36:18,120
Speaker 2: David Off? I mean, grow up? Their adults running their

766
00:36:18,160 --> 00:36:22,080
Speaker 2: own entities and operations and there will be some massaging

767
00:36:22,160 --> 00:36:24,479
Speaker 2: behind the scenes of make you're looking at you making

768
00:36:24,560 --> 00:36:26,239
Speaker 2: us look bad? And can you tone that down? All

769
00:36:26,320 --> 00:36:28,040
Speaker 2: that sort of thing. Of course there is. But we're

770
00:36:28,120 --> 00:36:31,239
Speaker 2: not at school. There aren't rules. You don't tell each

771
00:36:31,280 --> 00:36:34,240
Speaker 2: other off, you don't sack them. Luxon can't sack Seymour.

772
00:36:34,960 --> 00:36:37,360
Speaker 2: Luson's the leader of Act. He's the leader of a

773
00:36:37,440 --> 00:36:42,120
Speaker 2: separate party. He can't put him in time out or

774
00:36:42,239 --> 00:36:47,120
Speaker 2: spank him or take his lunch off him. Come on, Mike,

775
00:36:47,200 --> 00:36:48,840
Speaker 2: are we really going to vote with the parties that

776
00:36:48,880 --> 00:36:51,000
Speaker 2: created the mess back to create a bigger mess. Well,

777
00:36:51,040 --> 00:36:52,600
Speaker 2: there's something to think about, of course, And that's why

778
00:36:52,600 --> 00:36:55,080
Speaker 2: I'm not remotely worried about the polls, because the polls

779
00:36:55,080 --> 00:36:57,560
Speaker 2: are a year and a half away at least. Mike,

780
00:36:57,600 --> 00:36:59,880
Speaker 2: although having said that I will play rod, do you

781
00:37:00,080 --> 00:37:03,200
Speaker 2: to the Prime Minister? He seems to think that he's

782
00:37:03,280 --> 00:37:05,600
Speaker 2: running out of times in term in terms of us

783
00:37:05,640 --> 00:37:07,960
Speaker 2: marking the government of the day. Mike, do we think

784
00:37:08,000 --> 00:37:10,760
Speaker 2: the reason Nationals doing badly is due to Simon Watts,

785
00:37:11,520 --> 00:37:14,800
Speaker 2: which is going to make it harder for agriculture? Kristen,

786
00:37:15,200 --> 00:37:17,560
Speaker 2: No one's heard of Simon Watts. So the answer to

787
00:37:17,600 --> 00:37:20,160
Speaker 2: your question is No. Fourteen past seven.

788
00:37:21,920 --> 00:37:26,360
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered

789
00:37:26,360 --> 00:37:27,359
Speaker 1: by News Talks at.

790
00:37:27,280 --> 00:37:31,000
Speaker 2: B ben Elton with us after eight o'clock seventeen past seven.

791
00:37:31,000 --> 00:37:33,120
Speaker 2: If your kids serve ever road, you'll be in some way,

792
00:37:33,120 --> 00:37:35,960
Speaker 2: shape or form being immersed in the Mardy Cup experience.

793
00:37:35,960 --> 00:37:37,640
Speaker 2: But for years there's been a question over so called

794
00:37:37,680 --> 00:37:40,640
Speaker 2: year Fourteen's looks like it's been sorted. School Sports New

795
00:37:40,719 --> 00:37:43,440
Speaker 2: Zealand CEO Mike summrles with us on this Mike Morning.

796
00:37:43,200 --> 00:37:44,640
Speaker 22: To you, Good morning Mike.

797
00:37:44,800 --> 00:37:47,280
Speaker 2: Where did this come from and how was it justified?

798
00:37:47,320 --> 00:37:48,040
Speaker 2: For all these years?

799
00:37:49,160 --> 00:37:52,120
Speaker 22: Yeah, I think it's been a conversation inside polling in

800
00:37:52,160 --> 00:37:56,920
Speaker 22: particular for for many many years before my time. I

801
00:37:56,960 --> 00:37:59,439
Speaker 22: think it's come down to that idea of what's fare

802
00:38:00,080 --> 00:38:03,480
Speaker 22: An extra year of rowing has been defined by a

803
00:38:03,480 --> 00:38:06,120
Speaker 22: lot of people is not fair in terms of coming

804
00:38:06,160 --> 00:38:09,319
Speaker 22: back and getting what you need and moving on. And

805
00:38:09,960 --> 00:38:13,160
Speaker 22: some principles had decided enough was enough and called for

806
00:38:13,640 --> 00:38:17,799
Speaker 22: special general meeting And the outcome of probably a long

807
00:38:17,920 --> 00:38:23,040
Speaker 22: drawn out process was that most principles and most members

808
00:38:23,080 --> 00:38:26,799
Speaker 22: of New Zealand Schools Rowing Association Principles have decided that

809
00:38:27,600 --> 00:38:29,719
Speaker 22: they want to rule put in place that limits.

810
00:38:29,400 --> 00:38:31,799
Speaker 2: That and so was that the Principles or was it

811
00:38:31,840 --> 00:38:34,560
Speaker 2: the association. My understanding was there was a great deal

812
00:38:34,600 --> 00:38:35,800
Speaker 2: of concern about the association.

813
00:38:37,480 --> 00:38:41,560
Speaker 22: Yeah, look, I think that through that meeting some things

814
00:38:41,560 --> 00:38:44,759
Speaker 22: didn't go very well. I think New zeal schools Rowing

815
00:38:44,760 --> 00:38:48,359
Speaker 22: Association would agree with that as well, and some Principles

816
00:38:49,239 --> 00:38:52,240
Speaker 22: did pull out a vote of no confidence against that group,

817
00:38:53,040 --> 00:38:56,160
Speaker 22: which was unfortunate for probably everybody involved. It's not something

818
00:38:56,239 --> 00:39:00,440
Speaker 22: that you like to see happen, but the outcome that

819
00:39:00,560 --> 00:39:05,120
Speaker 22: probably a lot wanted came about. So that group's still

820
00:39:05,120 --> 00:39:06,760
Speaker 22: there and providing leadership.

821
00:39:07,080 --> 00:39:09,640
Speaker 2: If it was an open rule, why wasn't it fear

822
00:39:09,680 --> 00:39:11,360
Speaker 2: then for everyone. You may not like it, but I

823
00:39:11,360 --> 00:39:13,440
Speaker 2: mean if everyone could do it and they did do it,

824
00:39:13,480 --> 00:39:15,680
Speaker 2: then what was the problem.

825
00:39:16,040 --> 00:39:18,799
Speaker 22: Yeah, school Sport in New Zealand is the body that

826
00:39:18,840 --> 00:39:22,960
Speaker 22: provides governance overall secondary school sport and our eligibility rules

827
00:39:23,760 --> 00:39:26,719
Speaker 22: under nineteen at the first of January. That aligns with

828
00:39:26,760 --> 00:39:32,640
Speaker 22: the Education Act, which defines educational need. It allows students

829
00:39:32,719 --> 00:39:35,000
Speaker 22: up to the age of nineteen, including the year that

830
00:39:35,040 --> 00:39:38,960
Speaker 22: they turned nineteen, to access free education and our rules

831
00:39:39,000 --> 00:39:41,640
Speaker 22: have always kind of been that if you're at school,

832
00:39:41,640 --> 00:39:43,719
Speaker 22: you should be getting the benefits of everything that comes

833
00:39:43,760 --> 00:39:47,440
Speaker 22: with school. I guess the argument against that is sport

834
00:39:47,719 --> 00:39:49,880
Speaker 22: isn't actually part of the curriculum. We know it's a

835
00:39:49,920 --> 00:39:52,200
Speaker 22: really important part of school, but it's not part of

836
00:39:52,239 --> 00:39:58,560
Speaker 22: the educational curriculum. It's extra curricular and in that eligibility

837
00:39:58,600 --> 00:40:01,200
Speaker 22: allows you to set rules that allow for a level

838
00:40:01,200 --> 00:40:05,799
Speaker 22: playing field, and with that extra year of school. In

839
00:40:05,800 --> 00:40:10,080
Speaker 22: some cases and in some sports, it's been decided that

840
00:40:11,080 --> 00:40:13,680
Speaker 22: you need to limit those pages.

841
00:40:13,840 --> 00:40:16,319
Speaker 2: Good on you, Mike, appreciate it. Mike Summer all, it's

842
00:40:16,360 --> 00:40:19,880
Speaker 2: an issue in netball. You'll follow American college football at

843
00:40:19,920 --> 00:40:22,560
Speaker 2: a issue in American college football you got thirty three

844
00:40:22,600 --> 00:40:26,080
Speaker 2: year olds still doing their painting course at certain universities

845
00:40:26,120 --> 00:40:29,439
Speaker 2: and still allegedly eligible. Mike would overseas money really want

846
00:40:29,480 --> 00:40:32,160
Speaker 2: to put their money when successive governments keep changing rules,

847
00:40:32,360 --> 00:40:34,640
Speaker 2: policies and attitudes around businesses and how they think it

848
00:40:34,640 --> 00:40:37,520
Speaker 2: should operate. Take mining, it's a shit show. That's a

849
00:40:37,760 --> 00:40:40,560
Speaker 2: very very good point. We'll put that to luxon as well.

850
00:40:40,600 --> 00:40:47,120
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871
00:41:44,680 --> 00:41:48,120
Speaker 2: net plus Grizzly AI. They are your partners in productivity.

872
00:41:48,440 --> 00:41:52,400
Speaker 2: Pasking eleven twenty four. I must read for a reality

873
00:41:52,520 --> 00:41:55,440
Speaker 2: check is the ABC as in the Australian Broadcasting Corporation

874
00:41:55,560 --> 00:41:59,560
Speaker 2: exploration of the New Zealand versus Australian economy. Normally, the ABC,

875
00:41:59,719 --> 00:42:01,480
Speaker 2: like a lot of the public broadcasters, tease you with

876
00:42:01,560 --> 00:42:03,680
Speaker 2: the headline and end up concluding nothing that so they

877
00:42:03,719 --> 00:42:05,399
Speaker 2: can claim to be balanced. Not so in this case.

878
00:42:05,480 --> 00:42:10,480
Speaker 2: Gareth Hutchins is your author. The headline inflation has fallen

879
00:42:10,520 --> 00:42:14,080
Speaker 2: in New Zealand and Australia, but which is faring better?

880
00:42:14,360 --> 00:42:17,040
Speaker 2: See it's always instructive to read specific comparisons, look at

881
00:42:17,040 --> 00:42:19,239
Speaker 2: the wider picture, crunch the numbers, and this piece does that,

882
00:42:19,320 --> 00:42:21,320
Speaker 2: and boy does it do that. It starts with a clue.

883
00:42:21,640 --> 00:42:26,440
Speaker 2: New Zealand's economy is in recession. Australia's economy is not

884
00:42:26,600 --> 00:42:29,399
Speaker 2: in recession. He then involves the Reserve Bank. Our cash

885
00:42:29,440 --> 00:42:31,880
Speaker 2: rate peaked at five point five percent, Australia's peaked at

886
00:42:31,960 --> 00:42:35,200
Speaker 2: four point three five percent unemployment, New Zealand's got to

887
00:42:35,239 --> 00:42:38,640
Speaker 2: five point one, probably still climbing. Australia's under four percent.

888
00:42:39,080 --> 00:42:42,879
Speaker 2: New Zealand's labor force hasn't grown in the past twelve months.

889
00:42:43,080 --> 00:42:45,640
Speaker 2: Is a wake up called. New Zealand's labor force hasn't

890
00:42:45,680 --> 00:42:48,960
Speaker 2: grown in the past twelve months. Australia's labor force has

891
00:42:49,000 --> 00:42:52,600
Speaker 2: been consistently growing for the past twelve months, he writes.

892
00:42:53,040 --> 00:42:55,680
Speaker 2: In the past three years, Australia's economy hasn't recorded a

893
00:42:55,719 --> 00:42:58,960
Speaker 2: single quarter of negative growth. New Zealand's economy has three

894
00:42:59,040 --> 00:43:01,440
Speaker 2: quarters of zero growth, three quarters of negative growth. It's

895
00:43:01,520 --> 00:43:07,160
Speaker 2: just experienced six consecutive quarters of negative growth, he writes.

896
00:43:07,800 --> 00:43:10,480
Speaker 2: The Reserve Bank. The article points out the respective RB's

897
00:43:10,560 --> 00:43:13,760
Speaker 2: pursued different approaches to employment as regards their approach to inflation,

898
00:43:13,880 --> 00:43:16,120
Speaker 2: also points out that they've got slightly different bands. We've

899
00:43:16,120 --> 00:43:17,480
Speaker 2: got a one to three band, they've got a two

900
00:43:17,520 --> 00:43:20,120
Speaker 2: to three band. The approach, according to the Australian ARB,

901
00:43:20,400 --> 00:43:22,600
Speaker 2: was to quote, preserve as many of the jobs that

902
00:43:22,640 --> 00:43:25,440
Speaker 2: have been created in recent years as we can. Did

903
00:43:25,440 --> 00:43:27,719
Speaker 2: they do that? Yes, they did. The last line in

904
00:43:27,760 --> 00:43:30,880
Speaker 2: the article you're ready for this, and thousands of Kiwis

905
00:43:31,280 --> 00:43:35,160
Speaker 2: have revealed which strategy they prefer by buying a plane

906
00:43:35,239 --> 00:43:38,239
Speaker 2: ticket to Australia. I think most of us could have

907
00:43:38,280 --> 00:43:41,080
Speaker 2: guessed basically what the article says, but to put it

908
00:43:41,080 --> 00:43:43,960
Speaker 2: in words with stats and graphs and lay it bare

909
00:43:44,080 --> 00:43:47,239
Speaker 2: a more depressing, debilitating, deflating and anger and ucing. Set

910
00:43:47,360 --> 00:43:49,400
Speaker 2: numbers would be hard to find. And those of us

911
00:43:49,480 --> 00:43:52,360
Speaker 2: left here have and are living through all of this

912
00:43:52,640 --> 00:43:58,600
Speaker 2: talk about Stark asking well, ben Elton, who hates me?

913
00:44:00,120 --> 00:44:01,680
Speaker 2: I say he hates me as I read the New

914
00:44:01,760 --> 00:44:05,040
Speaker 2: Zealand Herald May of twenty twenty one review of the

915
00:44:05,080 --> 00:44:07,359
Speaker 2: Ben Elton Show when he was last year. We haven't

916
00:44:07,360 --> 00:44:09,960
Speaker 2: had ben Elton on the show since twenty twenty. Maybe

917
00:44:09,960 --> 00:44:13,120
Speaker 2: that's what tipped him over. Because he came in twenty

918
00:44:13,160 --> 00:44:15,279
Speaker 2: twenty one. We didn't interview him at that particular point

919
00:44:15,280 --> 00:44:17,520
Speaker 2: of time. I have no idea why, but he obviously

920
00:44:17,880 --> 00:44:20,040
Speaker 2: got wind of that and thought, why aren't I on Hosking?

921
00:44:20,080 --> 00:44:22,959
Speaker 2: I hate him, That's all I can assume. Because most

922
00:44:22,960 --> 00:44:27,080
Speaker 2: people love me. I am the Rivera of the Middle East.

923
00:44:27,160 --> 00:44:30,120
Speaker 15: Everybody loves me, oh so much though that Trump probably

924
00:44:30,160 --> 00:44:30,480
Speaker 15: wants to.

925
00:44:30,480 --> 00:44:34,280
Speaker 2: Own you exactly. Damien Thorn is the reviewer for the Herald.

926
00:44:35,400 --> 00:44:38,439
Speaker 2: I quote him. Now we learnt things as well. Ben

927
00:44:38,480 --> 00:44:43,040
Speaker 2: Elton hates Mike Hosking as much as many New Zealanders.

928
00:44:44,800 --> 00:44:46,600
Speaker 15: Well many's not most, to be fair.

929
00:44:46,920 --> 00:44:50,200
Speaker 2: We all enjoyed him being the butt of Elton's.

930
00:44:49,760 --> 00:44:52,480
Speaker 15: Jokes hard to disagree.

931
00:44:52,719 --> 00:44:55,319
Speaker 2: That's what Damien Thorne said in the New Zealand Herald

932
00:44:55,400 --> 00:44:57,560
Speaker 2: may Have twenty twenty one and reviewing Bean Elton, So

933
00:44:57,600 --> 00:44:59,520
Speaker 2: I thought, do I want be back on the program?

934
00:44:59,520 --> 00:45:02,640
Speaker 2: How can this possibly be? Does Ben actually secretly like

935
00:45:02,760 --> 00:45:06,640
Speaker 2: me and the Herald are wrong? Or the Herald are right?

936
00:45:06,719 --> 00:45:08,680
Speaker 2: And Ben Elton will be on this program after eight

937
00:45:08,800 --> 00:45:12,000
Speaker 2: seething spitting tax at having to deal with me yet again,

938
00:45:12,040 --> 00:45:12,600
Speaker 2: but knowing.

939
00:45:12,440 --> 00:45:14,880
Speaker 15: For and anything should get Damien on afterwards for a

940
00:45:14,880 --> 00:45:15,480
Speaker 15: bit of reaction.

941
00:45:15,760 --> 00:45:16,880
Speaker 2: Does Damien still work for the.

942
00:45:16,920 --> 00:45:18,960
Speaker 15: Hill irrelevant.

943
00:45:20,040 --> 00:45:23,280
Speaker 2: News? In a couple of moments in the Prime.

944
00:45:23,120 --> 00:45:34,480
Speaker 1: Minister your source of breaking news, challenging opinion and honored facts,

945
00:45:34,680 --> 00:45:39,200
Speaker 1: the Mike Hosking Breakfast with a Vita, Retirement, Communities, Life

946
00:45:39,360 --> 00:45:41,840
Speaker 1: Your Way News, Tom said Ben Elton.

947
00:45:41,600 --> 00:45:43,640
Speaker 2: Back from the program, Up play the club Man. Time

948
00:45:43,640 --> 00:45:45,520
Speaker 2: of twenty three minutes away from late the prime miniship

949
00:45:45,520 --> 00:45:47,400
Speaker 2: of this Tuesday morning, Christopher Luckson.

950
00:45:47,239 --> 00:45:47,600
Speaker 11: Is with us.

951
00:45:47,719 --> 00:45:50,560
Speaker 5: Good morning, Good morning, Mike, how are you very well?

952
00:45:50,560 --> 00:45:52,680
Speaker 2: Indeed? Thank you? Do you and David Seymore need to

953
00:45:52,680 --> 00:45:54,879
Speaker 2: step outside for a while. There's something brewing there.

954
00:45:56,080 --> 00:45:58,600
Speaker 5: No look small parties will always been trying to get

955
00:45:58,640 --> 00:45:59,320
Speaker 5: some media attention.

956
00:45:59,440 --> 00:45:59,960
Speaker 2: That's politics.

957
00:46:00,120 --> 00:46:02,279
Speaker 5: But I frankly spend little time thinking about what.

958
00:46:02,400 --> 00:46:04,040
Speaker 2: David does with his letters and his jeeps.

959
00:46:04,400 --> 00:46:05,200
Speaker 20: We've got a big job to do.

960
00:46:05,280 --> 00:46:06,440
Speaker 5: We've got to get focused on the economy.

961
00:46:06,480 --> 00:46:08,440
Speaker 2: So this seems to be the problem. Do the media

962
00:46:08,560 --> 00:46:10,799
Speaker 2: understand that because they keep asking you about these things

963
00:46:10,840 --> 00:46:14,000
Speaker 2: and you keep trying to side step it. Probably correctly so,

964
00:46:14,320 --> 00:46:18,880
Speaker 2: but they can you if you wanted to sack David Seymour.

965
00:46:20,040 --> 00:46:22,960
Speaker 5: Well, I mean, I'm responsible for all ministers in the cabinet,

966
00:46:24,120 --> 00:46:26,560
Speaker 5: you know, and their conduct, you know, and so I'm

967
00:46:26,760 --> 00:46:29,160
Speaker 5: very conscious of that. There's been you know, in respect

968
00:46:29,200 --> 00:46:31,080
Speaker 5: to the letter conversation, there's been no breach of the

969
00:46:31,120 --> 00:46:33,919
Speaker 5: Cabinet manual. Happened before he was a minister, happened before

970
00:46:33,920 --> 00:46:35,960
Speaker 5: we're in government. But look, I mean, you know, as

971
00:46:35,960 --> 00:46:37,920
Speaker 5: I've learned in four years, you know, this politics game

972
00:46:38,080 --> 00:46:41,280
Speaker 5: is a different game, and you know, what we're focused

973
00:46:41,280 --> 00:46:42,960
Speaker 5: on as a government is making sure we've got a

974
00:46:43,000 --> 00:46:44,680
Speaker 5: big job to do. I mean, like, honestly, I wake

975
00:46:44,760 --> 00:46:46,520
Speaker 5: up every morning going how much how can I not

976
00:46:46,520 --> 00:46:48,759
Speaker 5: get stuff done yesterday? I mean, like we've got a

977
00:46:48,800 --> 00:46:51,160
Speaker 5: hell of a lot to do, and so yeah, look

978
00:46:51,239 --> 00:46:52,719
Speaker 5: some of it, you know, so frankly, you know that's

979
00:46:52,719 --> 00:46:54,160
Speaker 5: what I'm focused on, like a very little time.

980
00:46:54,280 --> 00:46:56,200
Speaker 2: Okay, So the polls I don't want to dwell on

981
00:46:56,280 --> 00:46:58,000
Speaker 2: because I know what your auntser will be. But there

982
00:46:58,040 --> 00:47:00,520
Speaker 2: are now three polls, two of them have a change government.

983
00:47:01,040 --> 00:47:02,880
Speaker 2: That's telling you something, isn't it.

984
00:47:03,120 --> 00:47:06,680
Speaker 5: Surely it's telling us that for New Zealanders it's a

985
00:47:06,760 --> 00:47:08,759
Speaker 5: really tough time and they're going through a lot of

986
00:47:08,800 --> 00:47:11,600
Speaker 5: economic pain mic and they actually want us to resolve

987
00:47:11,680 --> 00:47:13,640
Speaker 5: that for them, and that's what we have to do.

988
00:47:14,360 --> 00:47:16,719
Speaker 5: That is the reality of it. And I'm telling you

989
00:47:16,800 --> 00:47:19,080
Speaker 5: if you think about just the last eight weeks since

990
00:47:19,120 --> 00:47:21,600
Speaker 5: we came back to work, we've been flat out going

991
00:47:21,640 --> 00:47:24,000
Speaker 5: at it, and we've been talking about saying everything has

992
00:47:24,080 --> 00:47:26,320
Speaker 5: to be about growth. Why because that's actually how Key's

993
00:47:26,320 --> 00:47:27,840
Speaker 5: going to get ahead. They have more money in their pocket,

994
00:47:27,880 --> 00:47:30,160
Speaker 5: that's how they power up the economy. So look, I

995
00:47:30,280 --> 00:47:32,640
Speaker 5: get it a tough time. We've got to focus on

996
00:47:32,719 --> 00:47:35,560
Speaker 5: the economy and we've got to show you by twenty

997
00:47:35,600 --> 00:47:38,040
Speaker 5: twenty six that actually they're better off under this government

998
00:47:38,080 --> 00:47:39,080
Speaker 5: than they would be under.

999
00:47:38,880 --> 00:47:41,359
Speaker 2: The last lot. Okay, so I suggested to you last

1000
00:47:41,400 --> 00:47:43,200
Speaker 2: week you might be running down a runway. We had

1001
00:47:43,280 --> 00:47:45,279
Speaker 2: Rod Duke of Briscoe's on the program the other day.

1002
00:47:45,280 --> 00:47:46,040
Speaker 2: Here's what he said.

1003
00:47:46,640 --> 00:47:50,680
Speaker 17: I think they will be marked seriously if in fact

1004
00:47:50,840 --> 00:47:55,440
Speaker 17: by say into March. Well, we don't see some serious initiatives,

1005
00:47:56,080 --> 00:47:56,440
Speaker 17: is he right?

1006
00:47:57,480 --> 00:47:57,640
Speaker 2: Yeah?

1007
00:47:57,719 --> 00:47:59,480
Speaker 5: Look, I mean I think he's bang on. I mean,

1008
00:47:59,520 --> 00:48:02,359
Speaker 5: there's been encouraging signs as we've talked about before around

1009
00:48:02,400 --> 00:48:05,680
Speaker 5: inflation and interest rate, tax relief rising, you know, good

1010
00:48:05,760 --> 00:48:08,160
Speaker 5: levels of confidence business, consumer, farm and all that good stuff.

1011
00:48:08,160 --> 00:48:10,560
Speaker 5: But it's exactly what I was just saying. We need

1012
00:48:10,680 --> 00:48:13,200
Speaker 5: to get this economy moving, and you know it is

1013
00:48:13,239 --> 00:48:15,040
Speaker 5: this some you know, some green sheets. I mean I saw,

1014
00:48:15,200 --> 00:48:16,840
Speaker 5: you know, Brad Olsen saying by the end of the

1015
00:48:17,040 --> 00:48:18,480
Speaker 5: you know, by the end of the year that we

1016
00:48:18,600 --> 00:48:21,080
Speaker 5: forty five million dollars extra a week in Keiwis pockets

1017
00:48:21,120 --> 00:48:22,920
Speaker 5: to spend in the economy. That's all good stuff as

1018
00:48:22,960 --> 00:48:25,479
Speaker 5: interest rates come down. But we've got to keep taking

1019
00:48:25,520 --> 00:48:28,320
Speaker 5: barnacles off this boat and actually get it moving faster.

1020
00:48:28,800 --> 00:48:32,280
Speaker 5: And people have to understand economic growth is everything, because

1021
00:48:32,360 --> 00:48:34,279
Speaker 5: that is actually how we get Keywis to be able

1022
00:48:34,320 --> 00:48:35,879
Speaker 5: to get ahead. That's how we make sure our kids

1023
00:48:35,920 --> 00:48:38,040
Speaker 5: have a future here. That's how we get the better

1024
00:48:38,040 --> 00:48:40,480
Speaker 5: public services and standard living that we all want. And

1025
00:48:40,600 --> 00:48:43,040
Speaker 5: we've had some long standing problems for thirty years about

1026
00:48:43,080 --> 00:48:45,680
Speaker 5: what we call economic productivity, and that's what we're focused on,

1027
00:48:45,880 --> 00:48:47,760
Speaker 5: is like and that's what you're saying. You know, invest

1028
00:48:47,800 --> 00:48:49,960
Speaker 5: New Zealand. We've got to invest summit coming up. We've

1029
00:48:50,040 --> 00:48:52,520
Speaker 5: got fast track hit last Friday. We've got trade deals,

1030
00:48:52,600 --> 00:48:54,640
Speaker 5: investment treaty deals that we just did in the UAE.

1031
00:48:55,840 --> 00:48:58,760
Speaker 5: You know, we've got a rolling thunder of constant announcement

1032
00:48:58,880 --> 00:49:00,040
Speaker 5: to remove barnacles, get.

1033
00:49:00,120 --> 00:49:05,640
Speaker 2: Show on that road. We've got a rolling thunder. Sam

1034
00:49:05,680 --> 00:49:07,840
Speaker 2: Stubbs is going to be at that a forementioned summit.

1035
00:49:07,880 --> 00:49:09,279
Speaker 2: He was on the program earlier and I thought he

1036
00:49:09,320 --> 00:49:11,520
Speaker 2: made a very good point. He says, why aren't you

1037
00:49:11,600 --> 00:49:14,360
Speaker 2: dealing with local money better than you are as opposed

1038
00:49:14,400 --> 00:49:16,880
Speaker 2: to bringing an off shore money? So answer that one first.

1039
00:49:17,239 --> 00:49:19,959
Speaker 2: His second part of his question is offshore money needs

1040
00:49:20,040 --> 00:49:22,080
Speaker 2: too many incentives and too many backhands.

1041
00:49:23,160 --> 00:49:25,920
Speaker 5: Like first point, as it's an end, we want to

1042
00:49:25,960 --> 00:49:30,240
Speaker 5: be able to use simplicity, super fund acc other big investors,

1043
00:49:30,320 --> 00:49:33,440
Speaker 5: domestic investors domestic pools of capital. You know, Sam's done

1044
00:49:33,480 --> 00:49:36,040
Speaker 5: some good thinking around for example, Bell to Rent, you know,

1045
00:49:36,080 --> 00:49:38,720
Speaker 5: all that good stuff. So we're up for Sam's involvement

1046
00:49:38,840 --> 00:49:41,520
Speaker 5: and an investment. He's a good guy. He understands what's

1047
00:49:41,560 --> 00:49:43,759
Speaker 5: going on and is part of the future what we need.

1048
00:49:44,120 --> 00:49:46,480
Speaker 5: But we also need foreign capital. The second thing I'd

1049
00:49:46,520 --> 00:49:50,520
Speaker 5: say is I disagree with that assessment we have. I

1050
00:49:50,600 --> 00:49:52,600
Speaker 5: spent the last year, Mike, going around everywhere I go

1051
00:49:52,680 --> 00:49:55,520
Speaker 5: into nowtion. I spent two hours talking to potential investors

1052
00:49:55,600 --> 00:49:58,120
Speaker 5: why to see what their appetite is for New Zealand

1053
00:49:58,160 --> 00:50:00,640
Speaker 5: and the bottom line and the message everywhere gone as look,

1054
00:50:00,920 --> 00:50:02,680
Speaker 5: I'm open to New Zealand. I just didn't know what

1055
00:50:02,760 --> 00:50:04,600
Speaker 5: you've got down there, and I didn't feel you had

1056
00:50:04,600 --> 00:50:07,160
Speaker 5: a government that actually welcomed my money and said thank

1057
00:50:07,200 --> 00:50:10,279
Speaker 5: you for coming here. And that's evidence by our low

1058
00:50:10,360 --> 00:50:11,440
Speaker 5: ranking and the OEC deal.

1059
00:50:11,560 --> 00:50:13,759
Speaker 2: Well, I hope you're right. But what he gave the

1060
00:50:13,800 --> 00:50:17,320
Speaker 2: example of there are research institutes in Ireland run by Huawei.

1061
00:50:17,480 --> 00:50:20,120
Speaker 2: We don't like Huawei because we're suspicious of the Japanese.

1062
00:50:20,160 --> 00:50:22,479
Speaker 2: You've got to pay them. They want incentives, they want money,

1063
00:50:22,520 --> 00:50:25,400
Speaker 2: they want are we ready to do that? Is that

1064
00:50:25,560 --> 00:50:26,719
Speaker 2: what you're aiming to do?

1065
00:50:27,960 --> 00:50:31,160
Speaker 5: Honestly, there is a world awash with so much cash

1066
00:50:31,600 --> 00:50:33,520
Speaker 5: but with stunnrings attached.

1067
00:50:34,239 --> 00:50:36,680
Speaker 2: No, No, they're not coming here because they love us Christ,

1068
00:50:36,800 --> 00:50:38,719
Speaker 2: but they're coming home to do business and get a

1069
00:50:38,760 --> 00:50:40,920
Speaker 2: return on their money. What's the return and what are

1070
00:50:40,960 --> 00:50:42,040
Speaker 2: you prepared to give away for it?

1071
00:50:42,520 --> 00:50:44,319
Speaker 5: Well, that's what they want to see, and that's at

1072
00:50:44,360 --> 00:50:46,680
Speaker 5: the moment they don't even know what the investment opportunities

1073
00:50:46,719 --> 00:50:48,440
Speaker 5: are in New Zealand. And that's why we want to

1074
00:50:48,480 --> 00:50:50,480
Speaker 5: have the summit with one hundred people for two days,

1075
00:50:50,719 --> 00:50:53,000
Speaker 5: and I'll be there the whole two days making sure

1076
00:50:53,040 --> 00:50:54,920
Speaker 5: they understand that there's lots of opportunities for them to

1077
00:50:54,960 --> 00:50:57,320
Speaker 5: invest here in His Zealand. They invest in infrastructure in

1078
00:50:57,360 --> 00:50:58,800
Speaker 5: other parts of the world, but they don't do that

1079
00:50:58,880 --> 00:51:01,239
Speaker 5: here in New Zealand. They invest in partner with other

1080
00:51:02,120 --> 00:51:05,600
Speaker 5: local companies to make knowledge transfer and international connections and

1081
00:51:05,719 --> 00:51:07,319
Speaker 5: bring some of that skill as well as the cash

1082
00:51:07,960 --> 00:51:10,560
Speaker 5: to help them power up. So you know, there's I

1083
00:51:10,680 --> 00:51:13,120
Speaker 5: think we've got along. You know, we actually just have

1084
00:51:13,280 --> 00:51:15,680
Speaker 5: to get share of mind of these investors, which we've

1085
00:51:15,719 --> 00:51:18,120
Speaker 5: failed to do over the last six years and I

1086
00:51:18,200 --> 00:51:20,360
Speaker 5: see it as a really important part of our economic

1087
00:51:20,440 --> 00:51:23,800
Speaker 5: growth plan, getting investment into the country. We've got capital shortages.

1088
00:51:24,000 --> 00:51:26,360
Speaker 2: Did you see Jamie Beaton's peace in the Herald yesterday?

1089
00:51:27,080 --> 00:51:28,040
Speaker 5: I didn't, actually right.

1090
00:51:28,080 --> 00:51:30,319
Speaker 2: So he runs Crimson and he's a very bright young man.

1091
00:51:30,360 --> 00:51:32,880
Speaker 2: I did a lot of time. His argument is that

1092
00:51:32,960 --> 00:51:35,360
Speaker 2: we need to make Auckland University top fifty in the

1093
00:51:35,400 --> 00:51:37,759
Speaker 2: world and apart from anything else, there are countries that

1094
00:51:37,880 --> 00:51:42,040
Speaker 2: recognize top fifty universities as being a thing. Is that

1095
00:51:42,440 --> 00:51:44,960
Speaker 2: and essentially he's arguing we need to go out give

1096
00:51:45,000 --> 00:51:48,960
Speaker 2: people license to recruit. Dramatically, they're all liberals at universities

1097
00:51:48,960 --> 00:51:51,239
Speaker 2: anyway that love New Zealand, park them there, get them

1098
00:51:51,280 --> 00:51:53,759
Speaker 2: to run their programs and bump Auckland up to the

1099
00:51:53,800 --> 00:51:56,200
Speaker 2: top fifty. Is that possible or is that pie in

1100
00:51:56,239 --> 00:51:56,560
Speaker 2: the sky?

1101
00:51:57,600 --> 00:51:57,759
Speaker 3: Look?

1102
00:51:57,800 --> 00:51:59,800
Speaker 5: I think we want to be improving our academics to

1103
00:52:00,320 --> 00:52:03,080
Speaker 5: That's partly why I put Shane Ritti on universities, but

1104
00:52:03,160 --> 00:52:06,400
Speaker 5: also the science technology innovation area. When you go to

1105
00:52:06,480 --> 00:52:09,680
Speaker 5: other universities around the world, those lecturers are often millionaires.

1106
00:52:10,000 --> 00:52:12,120
Speaker 5: Why is that because they actually get to participate in

1107
00:52:12,160 --> 00:52:13,920
Speaker 5: the commercial work that they or the R and D

1108
00:52:14,120 --> 00:52:15,879
Speaker 5: or the science or the inner research that they're doing.

1109
00:52:16,239 --> 00:52:18,359
Speaker 5: They commercialize it and then they bring the money back

1110
00:52:18,400 --> 00:52:20,719
Speaker 5: into the universities and build better programs and attract more

1111
00:52:20,760 --> 00:52:23,799
Speaker 5: researchers and better staff and better lectures all around the world.

1112
00:52:23,920 --> 00:52:26,120
Speaker 5: So that's exactly what we're trying to do, which is,

1113
00:52:26,960 --> 00:52:29,279
Speaker 5: you know, I've got to get people out of the

1114
00:52:29,320 --> 00:52:32,040
Speaker 5: ivory tower of sort of academic research and actually be

1115
00:52:32,080 --> 00:52:34,560
Speaker 5: able to commercialize that, build great businesses off the back

1116
00:52:34,640 --> 00:52:37,040
Speaker 5: of it, and actually participate in that wealth creation.

1117
00:52:37,280 --> 00:52:38,680
Speaker 2: So that's quite normal.

1118
00:52:38,760 --> 00:52:41,520
Speaker 5: You can have academics leading great programs and science innovation

1119
00:52:41,560 --> 00:52:44,480
Speaker 5: around the world at universities, but they participate in their

1120
00:52:44,600 --> 00:52:46,799
Speaker 5: entrepreneurs as well. And that's what we've got to free

1121
00:52:46,840 --> 00:52:49,400
Speaker 5: the system up so that it actually there's more connectivity

1122
00:52:49,400 --> 00:52:51,200
Speaker 5: between business and the universities and.

1123
00:52:51,200 --> 00:52:53,239
Speaker 2: Post other bit of reading you want. You won't have

1124
00:52:53,280 --> 00:52:55,520
Speaker 2: seen Jeff Nightingale suggestions in the Herald this morning. Have

1125
00:52:55,600 --> 00:52:58,200
Speaker 2: you seen those for tax by Sorry, I haven't provide

1126
00:52:58,239 --> 00:53:00,600
Speaker 2: tax concessions to those involved in the all the nationally

1127
00:53:00,640 --> 00:53:02,719
Speaker 2: significant infrastructure. Is that a possibility or not?

1128
00:53:03,480 --> 00:53:05,480
Speaker 5: Well, as you've heard Nicholas say, you know, We've got

1129
00:53:05,520 --> 00:53:07,840
Speaker 5: a range of tax things we're considering as part of

1130
00:53:07,960 --> 00:53:10,840
Speaker 5: a growth budget for May. As I said, an I

1131
00:53:11,000 --> 00:53:14,040
Speaker 5: like my rollings under analogy, but watch this space every time.

1132
00:53:14,080 --> 00:53:16,919
Speaker 5: We're just trying to do stuff, So there's more more coming.

1133
00:53:17,440 --> 00:53:20,880
Speaker 2: A secondly, approach taken from employees who receive shares in

1134
00:53:20,960 --> 00:53:23,080
Speaker 2: the company they work could be changed rather than apply

1135
00:53:23,239 --> 00:53:24,880
Speaker 2: tax to a portion of the value of the shares,

1136
00:53:24,920 --> 00:53:27,239
Speaker 2: the point of paying tax be deferred. Is that a possibility.

1137
00:53:27,800 --> 00:53:30,400
Speaker 5: Look, I'm well aware of some of the challenges, particularly

1138
00:53:30,640 --> 00:53:33,239
Speaker 5: if you are an overseas KIWI who's done well and

1139
00:53:33,280 --> 00:53:34,960
Speaker 5: you want to bring your capital back to New Zealand.

1140
00:53:35,320 --> 00:53:37,760
Speaker 5: I think Peter Beck and others are some tax rules

1141
00:53:37,760 --> 00:53:40,880
Speaker 5: that we need to look at. There's certainly overseas people

1142
00:53:40,960 --> 00:53:42,360
Speaker 5: who want to come to the country. I met some

1143
00:53:42,400 --> 00:53:44,160
Speaker 5: of them on Sunday and we know there are some

1144
00:53:44,320 --> 00:53:47,399
Speaker 5: of those frustrations or impediments that we've got to sort

1145
00:53:47,400 --> 00:53:48,239
Speaker 5: of blow away as well.

1146
00:53:48,360 --> 00:53:50,719
Speaker 2: Exactly. So this is the fIF regime he's talking about.

1147
00:53:50,800 --> 00:53:52,880
Speaker 2: This is people with money overseas and tax and stuff

1148
00:53:52,960 --> 00:53:54,879
Speaker 2: like that. You are open to looking at those sort

1149
00:53:54,880 --> 00:53:56,880
Speaker 2: of changes. That's the sort of thing were to.

1150
00:53:56,880 --> 00:53:59,239
Speaker 5: Look exactly exactly. I mean, those are the things that,

1151
00:53:59,400 --> 00:54:00,800
Speaker 5: as I said to you, we're just going to be

1152
00:54:01,000 --> 00:54:02,880
Speaker 5: powering through and as soon as we get a decision

1153
00:54:03,000 --> 00:54:05,640
Speaker 5: and we're moving forward at pace, I know it's I

1154
00:54:05,719 --> 00:54:07,080
Speaker 5: love coming in to your Shae because you always pushed

1155
00:54:07,080 --> 00:54:08,840
Speaker 5: me hard and say, well, you should have done it yesterday, Luxelman.

1156
00:54:08,880 --> 00:54:11,680
Speaker 5: But that's that's how I talk to my team site

1157
00:54:11,719 --> 00:54:13,799
Speaker 5: as well. But we're going flat out and every week

1158
00:54:13,880 --> 00:54:15,520
Speaker 5: we just got to keep doing stuff that gets the

1159
00:54:15,640 --> 00:54:18,919
Speaker 5: joint moving and blocked and gets unblocked and going fast.

1160
00:54:19,000 --> 00:54:21,560
Speaker 2: Well, speaking of unblocking, here's Peter's on the program Friday.

1161
00:54:22,320 --> 00:54:24,239
Speaker 7: If somebody is coming to this country like they do

1162
00:54:24,360 --> 00:54:27,320
Speaker 7: to other countries, bringing you fifty million dollars to invest

1163
00:54:27,360 --> 00:54:30,239
Speaker 7: in a huge industry and to ensure that we've got

1164
00:54:30,400 --> 00:54:33,200
Speaker 7: employment with it's no employment now, potential exports with there's

1165
00:54:33,400 --> 00:54:35,640
Speaker 7: exports in this area now, then we will look at it.

1166
00:54:35,760 --> 00:54:37,080
Speaker 7: Certainly that's always been out of you.

1167
00:54:37,520 --> 00:54:39,279
Speaker 2: Has it always been this view? And is he now

1168
00:54:39,360 --> 00:54:40,600
Speaker 2: across the line on the houses.

1169
00:54:41,280 --> 00:54:42,800
Speaker 5: Well, look, I mean, as I said to you the

1170
00:54:42,840 --> 00:54:45,480
Speaker 5: other day, we've got ongoing conversations in that space. I

1171
00:54:45,560 --> 00:54:48,680
Speaker 5: know it's a piece of the investment piece where people

1172
00:54:48,880 --> 00:54:51,160
Speaker 5: you know, who want to come here and invest in

1173
00:54:51,200 --> 00:54:53,160
Speaker 5: a business might want to buy a house. It's not

1174
00:54:53,280 --> 00:54:54,719
Speaker 5: the b or and end all and the only thing

1175
00:54:54,760 --> 00:54:56,760
Speaker 5: that matters. There's a lot of other things I'd say.

1176
00:54:56,760 --> 00:54:59,560
Speaker 2: But if you're looking to do stuff to smooth the path,

1177
00:54:59,719 --> 00:55:02,000
Speaker 2: what better way is there to say, see the house

1178
00:55:02,080 --> 00:55:03,520
Speaker 2: in Lake Hayes, it's yours.

1179
00:55:03,360 --> 00:55:03,719
Speaker 9: Go for it.

1180
00:55:04,520 --> 00:55:04,719
Speaker 2: Yeah.

1181
00:55:04,800 --> 00:55:07,080
Speaker 5: And so those are ongoing conversation and in fact, that's.

1182
00:55:06,920 --> 00:55:09,200
Speaker 2: What you see it in your speech essentially over the weekend,

1183
00:55:09,320 --> 00:55:11,000
Speaker 2: wasn't it. You know, people who come here with money

1184
00:55:11,440 --> 00:55:13,400
Speaker 2: see something that they've got another idea, and they've got

1185
00:55:13,440 --> 00:55:15,200
Speaker 2: more money, and suddenly they love the place. And what

1186
00:55:15,239 --> 00:55:16,480
Speaker 2: do you do when you love the place? You want

1187
00:55:16,480 --> 00:55:17,279
Speaker 2: to buy a house, don't you?

1188
00:55:17,880 --> 00:55:18,040
Speaker 3: Yeah?

1189
00:55:18,080 --> 00:55:20,520
Speaker 5: I mean that's the thing is like before we had

1190
00:55:20,560 --> 00:55:22,920
Speaker 5: the restrictive settings from the last lot, you know, we

1191
00:55:23,000 --> 00:55:25,160
Speaker 5: were getting two point two billion dollars and from these

1192
00:55:25,200 --> 00:55:28,000
Speaker 5: people in a two year period. Once they're here, they

1193
00:55:28,080 --> 00:55:30,799
Speaker 5: get to build relationships, networks, they trust the system, they

1194
00:55:30,880 --> 00:55:33,120
Speaker 5: understand it better, and they then go spend another one

1195
00:55:33,120 --> 00:55:35,960
Speaker 5: point seven billigs exactly the last two years. How much

1196
00:55:36,000 --> 00:55:37,960
Speaker 5: money dri can we attracted from overseas investors.

1197
00:55:38,000 --> 00:55:40,080
Speaker 2: Well you said in this speech, didn't you, Yeah.

1198
00:55:40,200 --> 00:55:43,560
Speaker 5: The thirteen projects. You know it's pathetic. So you know

1199
00:55:44,000 --> 00:55:45,680
Speaker 5: you know this morning people say, oh, this isn't going

1200
00:55:45,760 --> 00:55:48,240
Speaker 5: to work, and it's like, well, no disrespect, but we've

1201
00:55:48,280 --> 00:55:50,359
Speaker 5: seen what happened in the past, we've seen what's happening now,

1202
00:55:50,760 --> 00:55:52,839
Speaker 5: and frankly I want that money and his own why

1203
00:55:52,960 --> 00:55:55,600
Speaker 5: because actually, every day keys are the winners, because that's

1204
00:55:55,640 --> 00:55:58,000
Speaker 5: how businesses grow, that's how they get better jobs and

1205
00:55:58,080 --> 00:55:59,959
Speaker 5: hire incomes. That's what it's ultimately about.

1206
00:56:00,160 --> 00:56:02,760
Speaker 2: Good to talk to you appreciate it. Christopher Rolling Thunder

1207
00:56:02,840 --> 00:56:05,600
Speaker 2: Luxon thirteen Away from eight the.

1208
00:56:05,760 --> 00:56:10,160
Speaker 1: Vic Asking Breakfast Full Show podcast on iHeartRadio Power by

1209
00:56:10,239 --> 00:56:10,760
Speaker 1: News Talks.

1210
00:56:10,800 --> 00:56:11,040
Speaker 11: It'd be.

1211
00:56:12,800 --> 00:56:15,280
Speaker 2: Mike. You have to feel sorry for Luxon. He inherited

1212
00:56:15,320 --> 00:56:17,719
Speaker 2: an economic disaster hidden by smoke and mirrors, and he's

1213
00:56:17,760 --> 00:56:20,680
Speaker 2: pulling every livery can to arrest the situation. I tend

1214
00:56:21,520 --> 00:56:24,200
Speaker 2: to agree, Mike. Where you and I might separate a

1215
00:56:24,239 --> 00:56:27,719
Speaker 2: little bit is on the actionables and whether we're moving

1216
00:56:27,760 --> 00:56:29,920
Speaker 2: fast enough. But the two references I made, if you've

1217
00:56:29,960 --> 00:56:32,800
Speaker 2: missed them, are he missed them. Jeff Nightingale, who we

1218
00:56:32,920 --> 00:56:34,440
Speaker 2: got a lot of time for. He worked on the

1219
00:56:34,800 --> 00:56:37,120
Speaker 2: government's tax advisory group for a while. He's got a

1220
00:56:37,160 --> 00:56:39,160
Speaker 2: couple of good ideas on what they could do. He's

1221
00:56:39,239 --> 00:56:42,200
Speaker 2: against lowering the corporate rate. He says, we have lowered

1222
00:56:42,200 --> 00:56:44,000
Speaker 2: the corporate rate over the years and it doesn't really

1223
00:56:44,120 --> 00:56:47,040
Speaker 2: lead to anything, and you really need to get down

1224
00:56:47,080 --> 00:56:49,360
Speaker 2: to an island type situation of ten twelve percent. We

1225
00:56:49,360 --> 00:56:51,360
Speaker 2: couldn't afford to do it. So he's got his ideas

1226
00:56:51,400 --> 00:56:52,680
Speaker 2: and those are the ones I mentioned to him. So

1227
00:56:52,840 --> 00:56:55,000
Speaker 2: read that in the Herald if you haven't seen it.

1228
00:56:55,040 --> 00:56:56,839
Speaker 2: And Jamie Beaton, who I've got a lot of time

1229
00:56:56,920 --> 00:57:00,920
Speaker 2: for Crimson Academy. His idea, you're as big and it's

1230
00:57:01,000 --> 00:57:04,120
Speaker 2: bold and dare I suggest it never going to happen,

1231
00:57:04,520 --> 00:57:06,840
Speaker 2: But that doesn't mean it's not a great idea. And

1232
00:57:07,040 --> 00:57:09,560
Speaker 2: getting Auckland and they're not far off depending on which

1233
00:57:09,640 --> 00:57:11,800
Speaker 2: of the rankings you look at, they're sixteen or seventy

1234
00:57:11,920 --> 00:57:15,120
Speaker 2: or thereabouts in the world, and it's material in a

1235
00:57:15,200 --> 00:57:18,360
Speaker 2: number of countries. You can get into Britain if you

1236
00:57:18,520 --> 00:57:21,360
Speaker 2: studied at a top fifty university. That's the sort of

1237
00:57:21,480 --> 00:57:24,840
Speaker 2: value in weight they place at high level education. At

1238
00:57:24,880 --> 00:57:27,400
Speaker 2: that sort of status. So look that one up that's

1239
00:57:27,400 --> 00:57:29,440
Speaker 2: in the Herald, Wayne, New Zealand needs a world top

1240
00:57:29,520 --> 00:57:32,520
Speaker 2: fifty university. That was a good piece of reading from yesterday.

1241
00:57:32,560 --> 00:57:36,160
Speaker 2: And that's before I get to Wayne Brown more shortly

1242
00:57:36,240 --> 00:57:36,880
Speaker 2: eight to eight.

1243
00:57:37,480 --> 00:57:41,560
Speaker 1: The Mic Hosking Breakfast with a Vida Retirement Communities News

1244
00:57:41,600 --> 00:57:42,440
Speaker 1: Togsdad bes.

1245
00:57:42,320 --> 00:57:45,040
Speaker 2: By up to eight. Yeah, Wayne Brown. So Wayne is

1246
00:57:45,160 --> 00:57:47,600
Speaker 2: the mayor of Auckland. Wayne, I am, And here's the

1247
00:57:47,640 --> 00:57:49,640
Speaker 2: part I can't work out. So do I blame the

1248
00:57:49,680 --> 00:57:51,959
Speaker 2: government incorrectly? So one of the things Simming and Brown said,

1249
00:57:52,000 --> 00:57:53,160
Speaker 2: and you have heard me say this on the program

1250
00:57:53,240 --> 00:57:55,600
Speaker 2: before when he was Minister of Transport, is he was

1251
00:57:55,640 --> 00:57:57,920
Speaker 2: going to get their road cone situation under control. And

1252
00:57:58,040 --> 00:57:59,560
Speaker 2: as far as I can work out, he hasn't. So

1253
00:57:59,720 --> 00:58:01,880
Speaker 2: yes day, Wayne Brown, Mirror of Auckland, stands on the

1254
00:58:01,960 --> 00:58:04,040
Speaker 2: road and he does a video and more mayor should

1255
00:58:04,040 --> 00:58:06,320
Speaker 2: do more of this, and he posts it on social media.

1256
00:58:06,840 --> 00:58:09,160
Speaker 2: And I took particular interest because it's my route home

1257
00:58:09,800 --> 00:58:12,160
Speaker 2: and I won't boil you with a finder detail. But anyway,

1258
00:58:12,280 --> 00:58:15,240
Speaker 2: standing on a place called Victoria Street West and the

1259
00:58:15,400 --> 00:58:17,880
Speaker 2: idiocy involved in the number of cones and the stuff

1260
00:58:17,920 --> 00:58:21,840
Speaker 2: that isn't being done just is astonishing, and Wayne explains

1261
00:58:21,880 --> 00:58:24,240
Speaker 2: it beautifully. Of all the lanes and the road that's

1262
00:58:24,280 --> 00:58:27,280
Speaker 2: available to you but now isn't because of cones. For

1263
00:58:27,320 --> 00:58:29,040
Speaker 2: the work that isn't being done, there is no one

1264
00:58:29,080 --> 00:58:30,920
Speaker 2: to be seen. There's not a worker in sight, no

1265
00:58:31,000 --> 00:58:34,000
Speaker 2: one's around, is just thousands and thousands of cones blocking

1266
00:58:34,040 --> 00:58:36,280
Speaker 2: off lanes. Then the bus doesn't get to use the

1267
00:58:36,320 --> 00:58:38,240
Speaker 2: bus lane. The bus uses your lane, and then the

1268
00:58:38,320 --> 00:58:40,520
Speaker 2: lane that does go right and then can go straight

1269
00:58:40,600 --> 00:58:43,000
Speaker 2: and straight and right, and nobody understands that. So you

1270
00:58:43,080 --> 00:58:44,720
Speaker 2: get in the right lane and they want to go straight,

1271
00:58:44,760 --> 00:58:46,480
Speaker 2: but the arrow on the light doesn't go and then

1272
00:58:46,560 --> 00:58:49,000
Speaker 2: before you know it, you can't access the sky City

1273
00:58:49,080 --> 00:58:51,880
Speaker 2: car Park. Thousands of people park in the sky City

1274
00:58:51,920 --> 00:58:54,320
Speaker 2: car Park every day. They can't get access to that

1275
00:58:54,440 --> 00:58:57,040
Speaker 2: because the cones are in the way. So Wayne's just

1276
00:58:57,160 --> 00:59:00,480
Speaker 2: wandering around this empty bit of Auckland, apart from the

1277
00:59:00,520 --> 00:59:03,439
Speaker 2: fact there's thousands of cars behind them not moving, trying

1278
00:59:03,520 --> 00:59:06,040
Speaker 2: to explain what a bunch of idiots Auckland Transport are.

1279
00:59:06,160 --> 00:59:09,240
Speaker 2: So is it Simeon's fault for promising to get the

1280
00:59:09,280 --> 00:59:13,280
Speaker 2: cone situation under control? But failing miserably. Is it Wayne's

1281
00:59:13,360 --> 00:59:15,280
Speaker 2: fault for being the mirror of a city? He really

1282
00:59:15,360 --> 00:59:18,800
Speaker 2: has no power over it all. It's obviously Auckland Transport's

1283
00:59:18,840 --> 00:59:22,040
Speaker 2: fault because they are morons. But who controls Auckland Transport

1284
00:59:22,240 --> 00:59:25,840
Speaker 2: or are they of fivedom into their own powers? Basically so,

1285
00:59:25,880 --> 00:59:27,320
Speaker 2: in other words, they can do whatever they want and

1286
00:59:27,360 --> 00:59:29,240
Speaker 2: Wayne can tell them off and Simeon can tell them off,

1287
00:59:29,280 --> 00:59:31,480
Speaker 2: but nothing's ever going to change. What's the answer to

1288
00:59:31,560 --> 00:59:34,040
Speaker 2: that question? But it's well worth looking at the video.

1289
00:59:34,680 --> 00:59:38,400
Speaker 2: And then having looked at that video, it then answers

1290
00:59:38,440 --> 00:59:40,400
Speaker 2: the question as to why we hear this morning so

1291
00:59:40,520 --> 00:59:43,720
Speaker 2: many people are leaving Auckland and moving to Central Otago

1292
00:59:44,120 --> 00:59:47,240
Speaker 2: Because in Central Otago there are no cones, just beautiful

1293
00:59:47,280 --> 00:59:50,960
Speaker 2: houses and fresh air and no sign of at anywhere.

1294
00:59:51,520 --> 00:59:57,080
Speaker 1: News is mixed, the news and the newsmakers the mic

1295
00:59:57,200 --> 01:00:01,600
Speaker 1: Hosking breakfast with the range rover villa designed to intrigue

1296
01:00:01,680 --> 01:00:04,240
Speaker 1: and use Tog's dead Beata Ben Elton.

1297
01:00:04,400 --> 01:00:06,760
Speaker 2: On his way back, he joins a veritable protilla and

1298
01:00:06,800 --> 01:00:09,080
Speaker 2: British comments who seem to be hitting the road these days,

1299
01:00:09,160 --> 01:00:11,520
Speaker 2: David Williams, Graham Nort and Stephen Fry among others. So

1300
01:00:11,600 --> 01:00:14,040
Speaker 2: what's he got for us, Ben Elton as well as

1301
01:00:14,160 --> 01:00:14,680
Speaker 2: very good morning?

1302
01:00:15,200 --> 01:00:17,760
Speaker 3: Good morning indeed, and thank you for having me. Very

1303
01:00:17,840 --> 01:00:18,720
Speaker 3: pleased to be here.

1304
01:00:18,720 --> 01:00:20,520
Speaker 2: No worries it or just a quick catch up. The

1305
01:00:21,160 --> 01:00:25,320
Speaker 2: tours receiving rave reviews and good it's Is this a

1306
01:00:25,400 --> 01:00:27,960
Speaker 2: comfortable time of life where it doesn't matter anymore? It's

1307
01:00:27,960 --> 01:00:29,000
Speaker 2: all cream on the cake.

1308
01:00:30,880 --> 01:00:32,000
Speaker 3: Well, I certainly wouldn't say that.

1309
01:00:32,280 --> 01:00:36,160
Speaker 6: No, I think it's as I certainly find it as

1310
01:00:36,360 --> 01:00:41,200
Speaker 6: as as kind of you know, important and vaguely intimidating.

1311
01:00:40,600 --> 01:00:41,640
Speaker 3: As I did when I was young.

1312
01:00:41,680 --> 01:00:43,120
Speaker 6: I mean, I think I'm better at it now and

1313
01:00:43,200 --> 01:00:47,800
Speaker 6: I certainly enjoy stand up comedy more so as much

1314
01:00:47,840 --> 01:00:49,720
Speaker 6: as I think. I know the audience have come because

1315
01:00:49,720 --> 01:00:51,760
Speaker 6: they want to see me, So you know, I've got

1316
01:00:51,840 --> 01:00:53,360
Speaker 6: to be I've got to kind of be bad, you

1317
01:00:53,440 --> 01:00:53,840
Speaker 6: know what I mean.

1318
01:00:53,880 --> 01:00:56,040
Speaker 3: I've got to prove myself, but I do have to

1319
01:00:56,240 --> 01:00:57,160
Speaker 3: justify myself.

1320
01:00:58,080 --> 01:01:00,920
Speaker 6: No, I'm certainly not, you know, sitting back on my

1321
01:01:00,960 --> 01:01:05,120
Speaker 6: big fat laurels, as my wife would say, I'm you know,

1322
01:01:05,280 --> 01:01:08,120
Speaker 6: I took every gig very seriously. You know, a theaty

1323
01:01:08,200 --> 01:01:10,040
Speaker 6: full of people are going to invest in meat for

1324
01:01:10,120 --> 01:01:13,560
Speaker 6: the evening. That is a big responsibility. And also I

1325
01:01:13,600 --> 01:01:15,919
Speaker 6: wouldn't do it if I didn't, if the passion didn't

1326
01:01:15,960 --> 01:01:19,600
Speaker 6: still burn. I mean, I have not lost the desire

1327
01:01:19,800 --> 01:01:22,560
Speaker 6: to shout and swear and pontificate about all and sundry.

1328
01:01:23,080 --> 01:01:26,360
Speaker 6: So no, I don't really feel much different how I ever,

1329
01:01:26,480 --> 01:01:29,240
Speaker 6: did you know I deal with this on stage? We

1330
01:01:29,400 --> 01:01:32,400
Speaker 6: all we all feel twenty one inside. Our characters are

1331
01:01:32,480 --> 01:01:34,640
Speaker 6: largely formed by the time we're in our twenties, and

1332
01:01:35,400 --> 01:01:38,840
Speaker 6: that's who we remain. Meanwhile, the world passes on, which

1333
01:01:38,960 --> 01:01:41,680
Speaker 6: is moves on, and you know, we who were once

1334
01:01:41,800 --> 01:01:44,600
Speaker 6: the cutting edge and the change find ourselves being bewildered

1335
01:01:44,640 --> 01:01:47,120
Speaker 6: and having to having to deal with a whole new

1336
01:01:47,240 --> 01:01:50,040
Speaker 6: generations changes. And that's a lot of what I talk

1337
01:01:50,080 --> 01:01:54,920
Speaker 6: about on stage, unpacking my bewilderment, heaving standing my truth.

1338
01:01:56,440 --> 01:01:58,360
Speaker 2: Having said that, I wonder if your success is partly

1339
01:01:58,400 --> 01:02:01,720
Speaker 2: somebody I've read over the holidays, see, in difficult times,

1340
01:02:01,760 --> 01:02:04,600
Speaker 2: you've always got one foot in nostalgia. So we longed

1341
01:02:04,640 --> 01:02:05,160
Speaker 2: for what was?

1342
01:02:06,880 --> 01:02:07,040
Speaker 1: Is that?

1343
01:02:07,200 --> 01:02:09,200
Speaker 3: That's something that they're not quite not talking about me.

1344
01:02:09,360 --> 01:02:12,320
Speaker 2: That's just a general that's a general observation that you know.

1345
01:02:12,480 --> 01:02:16,560
Speaker 6: Yeah, well, I think everyone has a sense of nostalgia,

1346
01:02:16,640 --> 01:02:20,640
Speaker 6: whether the times are difficult or not. You know, I

1347
01:02:20,720 --> 01:02:22,840
Speaker 6: think you know, the current you know, the current right

1348
01:02:22,920 --> 01:02:24,960
Speaker 6: wing resurgence is in you know, and sort of you know,

1349
01:02:25,520 --> 01:02:28,200
Speaker 6: the white patriarchy is for a world that you know,

1350
01:02:28,360 --> 01:02:30,880
Speaker 6: never really existed in their dreams, but they but I

1351
01:02:30,960 --> 01:02:33,280
Speaker 6: think they were nostalgic for it even while it was happening.

1352
01:02:33,760 --> 01:02:35,920
Speaker 6: You know, if you watched sort of John Wayne movies,

1353
01:02:35,960 --> 01:02:38,000
Speaker 6: there's a sort of like, you know, the Old West,

1354
01:02:38,360 --> 01:02:40,320
Speaker 6: that was the when real men were men, and now

1355
01:02:40,720 --> 01:02:42,840
Speaker 6: now the sort of equivalent of John like you know,

1356
01:02:43,040 --> 01:02:45,080
Speaker 6: now Sylvester Stallone is is saying, oh.

1357
01:02:45,040 --> 01:02:47,080
Speaker 3: When John Wayne was a man, that was when real

1358
01:02:47,160 --> 01:02:47,640
Speaker 3: men were men.

1359
01:02:47,800 --> 01:02:50,320
Speaker 6: So I don't think I don't think the times people

1360
01:02:50,320 --> 01:02:52,960
Speaker 6: are nostalgic for necessarily ever existed. But I think we

1361
01:02:53,080 --> 01:02:56,600
Speaker 6: all love a bit of nostalgia, you know, my personal

1362
01:02:57,200 --> 01:02:59,160
Speaker 6: you know, if you know the great what what would

1363
01:02:59,200 --> 01:03:00,400
Speaker 6: you wish for if you had one wish?

1364
01:03:00,400 --> 01:03:01,400
Speaker 3: I'd love a time machine.

1365
01:03:01,600 --> 01:03:04,800
Speaker 6: I cannot imagine what joy to be able to go

1366
01:03:04,880 --> 01:03:07,120
Speaker 6: to the theater and see the opening of a George

1367
01:03:07,120 --> 01:03:10,200
Speaker 6: Bernard Shaw or see the Beatles at the Cavin Club

1368
01:03:10,520 --> 01:03:11,880
Speaker 6: or yes, drop in on the Colise.

1369
01:03:12,200 --> 01:03:14,080
Speaker 3: Yes, I'm a bloke. I'm interested in the in the

1370
01:03:14,200 --> 01:03:17,280
Speaker 3: in the Roman Empire. Yeah. I think we all got

1371
01:03:17,360 --> 01:03:19,480
Speaker 3: good times, all bad. We love a bit of nostalgia.

1372
01:03:19,880 --> 01:03:23,360
Speaker 2: Speaking of time machines, there seemed to be a lot

1373
01:03:23,400 --> 01:03:25,920
Speaker 2: of writing about it. But you were talking about Blackhead,

1374
01:03:25,920 --> 01:03:28,880
Speaker 2: of the possibility of and you seem to rule it out.

1375
01:03:29,000 --> 01:03:31,280
Speaker 2: Where did that come from? I just read a lot

1376
01:03:31,320 --> 01:03:32,640
Speaker 2: of articles about it. There's a lot of you know,

1377
01:03:33,000 --> 01:03:34,680
Speaker 2: they oh, why don't we bring it?

1378
01:03:36,360 --> 01:03:37,520
Speaker 3: And so where.

1379
01:03:39,720 --> 01:03:42,200
Speaker 2: No, no, not not Blackhead. Where did the speculation that

1380
01:03:42,320 --> 01:03:45,160
Speaker 2: there could be another one? And so I'm reading you

1381
01:03:45,560 --> 01:03:47,520
Speaker 2: you said there isn't one. Don't worry about it. We're

1382
01:03:47,520 --> 01:03:48,000
Speaker 2: all moving on.

1383
01:03:49,720 --> 01:03:51,040
Speaker 3: Yeah, it happens all the time.

1384
01:03:51,120 --> 01:03:55,120
Speaker 23: I think whenever Tony Robinson's got a new show or

1385
01:03:55,200 --> 01:03:58,120
Speaker 23: a new book out, he said, well, we're still talking

1386
01:03:58,200 --> 01:04:01,560
Speaker 23: about so you're going to always hope you'll always bring

1387
01:04:01,640 --> 01:04:03,360
Speaker 23: a turner when balder It's doing an interview.

1388
01:04:04,840 --> 01:04:07,520
Speaker 3: I think that's unfair really, because it's the same over

1389
01:04:07,600 --> 01:04:09,880
Speaker 3: all of us. You you get asked, you say, well,

1390
01:04:10,040 --> 01:04:11,880
Speaker 3: you know, we're not We've got no plans.

1391
01:04:11,880 --> 01:04:13,640
Speaker 6: I shouldn't think it'll ever happen, but it'd be fun

1392
01:04:13,680 --> 01:04:15,880
Speaker 6: and before you know it, the Sun will say, you know,

1393
01:04:16,880 --> 01:04:18,240
Speaker 6: hints of a new Blackadder.

1394
01:04:18,920 --> 01:04:21,800
Speaker 3: I think, you know, it's obviously not something I'm complaining about.

1395
01:04:21,800 --> 01:04:24,880
Speaker 6: I mean, the ongoing interest in Blackadder is is nothing

1396
01:04:25,000 --> 01:04:27,120
Speaker 6: short of miraculous for all of us. I mean, every

1397
01:04:27,200 --> 01:04:30,920
Speaker 6: single person involved in that show had the unique privilege

1398
01:04:30,960 --> 01:04:35,120
Speaker 6: of really contributing to something that's sort of bedded into

1399
01:04:35,160 --> 01:04:36,040
Speaker 6: British culture.

1400
01:04:36,280 --> 01:04:40,080
Speaker 3: And that's that's, I think, for for popular artists.

1401
01:04:40,080 --> 01:04:42,000
Speaker 6: And I think all artists really want to be popular,

1402
01:04:42,040 --> 01:04:45,480
Speaker 6: but at least popular artists don't lie about it. I

1403
01:04:45,600 --> 01:04:48,880
Speaker 6: think that's the that's that's the you know, that's the

1404
01:04:49,160 --> 01:04:50,800
Speaker 6: that's the greatest thing you could do. Is it have

1405
01:04:51,120 --> 01:04:54,840
Speaker 6: to have a whole generation to generations since we finished it.

1406
01:04:55,480 --> 01:04:57,360
Speaker 6: You know, the last black Adder when they go over

1407
01:04:57,440 --> 01:04:59,800
Speaker 6: the Top, that was shot in nineteen eighty nine, so

1408
01:05:00,120 --> 01:05:02,000
Speaker 6: a long time ago, forty six years, isn't it.

1409
01:05:02,160 --> 01:05:05,920
Speaker 3: So yeah, I mean I'm delighted that there's.

1410
01:05:05,720 --> 01:05:08,800
Speaker 6: Still that speculation, but I can assure you there is

1411
01:05:09,040 --> 01:05:12,280
Speaker 6: apps there is you know, look, there are no plans

1412
01:05:12,560 --> 01:05:14,320
Speaker 6: it will never happen. But then I'll say, well, you

1413
01:05:14,400 --> 01:05:17,120
Speaker 6: know who knows, and then then oh well, ben Outon

1414
01:05:17,200 --> 01:05:18,960
Speaker 6: leaves door open to a new black Adder, so you

1415
01:05:19,000 --> 01:05:21,439
Speaker 6: can't really win, but hey, it's a lovely game to play.

1416
01:05:21,600 --> 01:05:24,760
Speaker 2: Exactly, which doves tails with my nostalgia question. I wonder

1417
01:05:24,800 --> 01:05:27,680
Speaker 2: if it's like Faulty Towers, because it was so brilliant

1418
01:05:28,160 --> 01:05:32,560
Speaker 2: and comparatively speaking, compact and short, we're desperate for something more.

1419
01:05:34,320 --> 01:05:37,440
Speaker 6: Well, yeah, that Rick Mail, my dear friend, the late

1420
01:05:37,480 --> 01:05:39,560
Speaker 6: great Rick Mail. I always used to say that about

1421
01:05:39,600 --> 01:05:41,520
Speaker 6: the young ones. We only did twelve young ones, and

1422
01:05:41,520 --> 01:05:43,160
Speaker 6: he always said, we've only got to do twelve. They

1423
01:05:43,200 --> 01:05:45,240
Speaker 6: only did twelve forty towers, you know, and I always

1424
01:05:45,240 --> 01:05:48,360
Speaker 6: thought it was stupid because they did loads of Dad's armies,

1425
01:05:48,880 --> 01:05:50,520
Speaker 6: they did loads of Steptos and sons.

1426
01:05:50,560 --> 01:05:53,080
Speaker 3: More recently they did about a million friends. I don't

1427
01:05:53,080 --> 01:05:53,920
Speaker 3: think you're right about that.

1428
01:05:54,000 --> 01:05:55,840
Speaker 6: I think if you can keep the if you can

1429
01:05:55,960 --> 01:05:59,160
Speaker 6: keep the standard up and Goalton and Simpson. I don't

1430
01:05:59,160 --> 01:06:02,200
Speaker 6: know if you remember, no, you won't remember. Dad's a

1431
01:06:02,280 --> 01:06:04,760
Speaker 6: step Towe son. But it was a very famous. I

1432
01:06:04,840 --> 01:06:07,040
Speaker 6: mean even I don't quite I mean I did, I

1433
01:06:07,160 --> 01:06:09,440
Speaker 6: was in on a tail end of it, but what

1434
01:06:09,520 --> 01:06:11,600
Speaker 6: I'm saying is you don't necessarily have to have a

1435
01:06:11,640 --> 01:06:13,120
Speaker 6: whole writer's room like to have on Friends.

1436
01:06:13,160 --> 01:06:14,840
Speaker 3: I mean, if the BBC for us.

1437
01:06:14,800 --> 01:06:16,840
Speaker 6: I've just done a show called up Stark Crow, which

1438
01:06:16,960 --> 01:06:20,480
Speaker 6: is a stars David Mitchell about Shakespeare, a bit of

1439
01:06:20,520 --> 01:06:22,680
Speaker 6: an adderish sort of take on Shakespeare, and it was

1440
01:06:22,760 --> 01:06:25,000
Speaker 6: going great guns. But you know, the BBC only have

1441
01:06:25,000 --> 01:06:27,400
Speaker 6: a certain budget, so they stopped after three. I think

1442
01:06:27,560 --> 01:06:29,760
Speaker 6: fourth would have been even better and it would have

1443
01:06:29,760 --> 01:06:31,920
Speaker 6: built even more. So I don't really agree with you

1444
01:06:32,040 --> 01:06:34,440
Speaker 6: about that, but there's no doubt about it that there

1445
01:06:34,520 --> 01:06:37,920
Speaker 6: is a certain cachet to having that mystery. I mean,

1446
01:06:37,960 --> 01:06:40,800
Speaker 6: it certainly intrigued Rick because he never shut up about

1447
01:06:40,800 --> 01:06:41,960
Speaker 6: the fact we can't do more than.

1448
01:06:41,920 --> 01:06:43,840
Speaker 2: Twelve Yilson, hold on, just a couple of moms. I

1449
01:06:43,840 --> 01:06:45,720
Speaker 2: want to come back to Blackhead and just seeing Ben

1450
01:06:45,760 --> 01:06:48,720
Speaker 2: Nelton more shortly thirteen past the Mike.

1451
01:06:48,600 --> 01:06:53,440
Speaker 1: Asking Breakfast Full Show podcast on iHeartRadio, coward By News Talks.

1452
01:06:53,480 --> 01:06:56,280
Speaker 2: It be Ben Elton the Rhymes of the Country Letter

1453
01:06:56,320 --> 01:06:58,960
Speaker 2: out of April's with us from Britain at the moment anyway, Blackhead,

1454
01:06:58,960 --> 01:07:01,840
Speaker 2: are we talking about before the Rowan Atkinson I'm dying

1455
01:07:01,840 --> 01:07:03,600
Speaker 2: to know about the only reason I ask that is

1456
01:07:03,640 --> 01:07:05,560
Speaker 2: because of course, all you guys, who are you working?

1457
01:07:05,680 --> 01:07:07,920
Speaker 2: But but but is he actually active?

1458
01:07:07,960 --> 01:07:08,760
Speaker 11: I mean, what does he do?

1459
01:07:10,600 --> 01:07:13,160
Speaker 6: Well, He's got you know, he's got his love. He's

1460
01:07:13,160 --> 01:07:15,440
Speaker 6: got quite a young child, so that's a lovely thing.

1461
01:07:17,360 --> 01:07:20,400
Speaker 6: I spoke at his birthday party only recently.

1462
01:07:20,440 --> 01:07:22,520
Speaker 3: I was very privileged to able to speak. He he's

1463
01:07:22,560 --> 01:07:24,400
Speaker 3: a very well adjusted, lovely man.

1464
01:07:24,440 --> 01:07:26,280
Speaker 6: He has a lot of interest. I'm sure you're away.

1465
01:07:26,320 --> 01:07:29,680
Speaker 6: He's very interested in cars. Yeah, he's he's He was

1466
01:07:29,760 --> 01:07:33,080
Speaker 6: an engineer. He did his under an under, he did

1467
01:07:33,120 --> 01:07:35,440
Speaker 6: his MSc. His masters is an engineering. I mean that

1468
01:07:35,560 --> 01:07:38,800
Speaker 6: when he first met Richard Curtis and started their wonderful collaboration,

1469
01:07:39,200 --> 01:07:42,160
Speaker 6: he was an engineering student. I mean, you know, he's

1470
01:07:42,200 --> 01:07:44,400
Speaker 6: a fascinating bloke and he lives around in life. He

1471
01:07:44,480 --> 01:07:46,880
Speaker 6: has many friends of whom I'm very proud and happy

1472
01:07:46,920 --> 01:07:49,360
Speaker 6: to call myself one. And yeah, I mean I don't

1473
01:07:49,360 --> 01:07:50,240
Speaker 6: think he works.

1474
01:07:49,960 --> 01:07:53,959
Speaker 3: As hard as I do. No, well, he does work

1475
01:07:54,120 --> 01:07:56,520
Speaker 3: very hard, but on a project.

1476
01:07:56,640 --> 01:07:59,120
Speaker 6: So he'll spend a year on Man versus B or

1477
01:07:59,200 --> 01:08:02,520
Speaker 6: something that the last thing for Netflix or something. So yeah,

1478
01:08:02,600 --> 01:08:04,920
Speaker 6: I mean he's very, very focused and perhaps not as

1479
01:08:05,360 --> 01:08:09,920
Speaker 6: eclectically energetic as some, but he certainly knows sort of

1480
01:08:09,960 --> 01:08:11,520
Speaker 6: you know, some people have this idea of this sort

1481
01:08:11,520 --> 01:08:12,440
Speaker 6: of Monkish weirdo.

1482
01:08:12,960 --> 01:08:13,640
Speaker 3: He means.

1483
01:08:14,120 --> 01:08:16,960
Speaker 6: He's a quiet bloke. I mean, and he won't you know,

1484
01:08:17,080 --> 01:08:19,200
Speaker 6: he won't, doesn't do many interviews. I don't know if

1485
01:08:19,240 --> 01:08:22,479
Speaker 6: he does any interviews. Actually certainly not for a long time.

1486
01:08:22,640 --> 01:08:27,000
Speaker 6: But no, he's he's pretty well adjusted. I saw him

1487
01:08:27,040 --> 01:08:28,840
Speaker 6: only a couple of weeks ago, as I say, at

1488
01:08:28,920 --> 01:08:29,759
Speaker 6: his birthday party.

1489
01:08:29,880 --> 01:08:33,680
Speaker 2: Fantastic. Just now, last time you're on the show was

1490
01:08:33,960 --> 01:08:36,400
Speaker 2: five years ago. You won't remember any of this, of course,

1491
01:08:36,600 --> 01:08:38,760
Speaker 2: you're on five years ago. But you came to the

1492
01:08:38,760 --> 01:08:42,519
Speaker 2: country in the ensuing period, I think twenty one twenty two,

1493
01:08:42,680 --> 01:08:45,960
Speaker 2: something like that, and there was a review on the

1494
01:08:46,000 --> 01:08:48,720
Speaker 2: paper and you apparently.

1495
01:08:48,400 --> 01:08:50,040
Speaker 3: You would go quoting reviews at me.

1496
01:08:51,320 --> 01:08:57,160
Speaker 2: You apparently you attacked me, or you had you had

1497
01:08:57,200 --> 01:08:57,640
Speaker 2: to go at me.

1498
01:08:57,800 --> 01:08:58,360
Speaker 3: I have been.

1499
01:09:00,200 --> 01:09:00,960
Speaker 2: I have no idea.

1500
01:09:00,960 --> 01:09:01,879
Speaker 14: It wasn't an attack.

1501
01:09:02,760 --> 01:09:06,840
Speaker 6: You were my peers, Morgan replacement, and I always felt

1502
01:09:06,840 --> 01:09:08,519
Speaker 6: a bit bad about it because I don't feel it's

1503
01:09:08,560 --> 01:09:09,280
Speaker 6: the same at all.

1504
01:09:09,760 --> 01:09:11,760
Speaker 3: All are peers, and I have always got on, you know,

1505
01:09:11,840 --> 01:09:14,640
Speaker 3: when we meet, but as you and I do.

1506
01:09:14,880 --> 01:09:18,000
Speaker 6: Look, you know, I won't say all's fair in love

1507
01:09:18,080 --> 01:09:22,679
Speaker 6: and war, but I was using you as an example, certainly,

1508
01:09:22,880 --> 01:09:26,600
Speaker 6: not of right wing commentating, but of the.

1509
01:09:26,800 --> 01:09:29,000
Speaker 3: Robust male voice on radio.

1510
01:09:29,160 --> 01:09:33,479
Speaker 6: Okay, And if that doesn't make you hard with man love,

1511
01:09:33,520 --> 01:09:33,960
Speaker 6: I don't.

1512
01:09:33,840 --> 01:09:37,720
Speaker 3: Know what will I love it?

1513
01:09:38,000 --> 01:09:40,880
Speaker 2: Oh well, that's good. Well it didn't bother me either way.

1514
01:09:40,920 --> 01:09:43,240
Speaker 2: It's just the review. I thought, I wonder what he said.

1515
01:09:43,520 --> 01:09:45,439
Speaker 2: So anyway, we got that cleared up.

1516
01:09:46,320 --> 01:09:49,280
Speaker 6: It was in the middle of I might say something

1517
01:09:49,320 --> 01:09:53,639
Speaker 6: which could be interpreted as a Wokes killing comedy, which

1518
01:09:53,800 --> 01:09:56,200
Speaker 6: I don't think it is. But there is a case

1519
01:09:56,280 --> 01:10:00,760
Speaker 6: to answer and a sort of new maoist culture, revolutionary

1520
01:10:00,760 --> 01:10:03,160
Speaker 6: absolutism on the fringes of good politics.

1521
01:10:03,600 --> 01:10:06,519
Speaker 3: As always you have the the absolutists who.

1522
01:10:06,640 --> 01:10:09,600
Speaker 6: Suddenly you know, only the purest line will do, and

1523
01:10:09,680 --> 01:10:11,320
Speaker 6: if you don't follow the purist line, you need to

1524
01:10:11,360 --> 01:10:13,920
Speaker 6: be sent to a re education camp. And I was saying,

1525
01:10:13,960 --> 01:10:16,040
Speaker 6: if I say something like that, I'll end up getting

1526
01:10:16,080 --> 01:10:18,360
Speaker 6: depended by someone like you, and before I know it,

1527
01:10:18,479 --> 01:10:21,200
Speaker 6: I'm in the other you know, yeah, yeah, because we

1528
01:10:21,360 --> 01:10:24,360
Speaker 6: have common ground I'm a democracy.

1529
01:10:24,720 --> 01:10:26,720
Speaker 2: Do you think that's an age thing? Because, funnily, you

1530
01:10:26,760 --> 01:10:29,240
Speaker 2: should say, because I've dealt with this my whole career,

1531
01:10:29,439 --> 01:10:32,040
Speaker 2: and that is like, like, I don't know about your

1532
01:10:32,280 --> 01:10:33,760
Speaker 2: I mean, I can get you politics, so I don't

1533
01:10:33,800 --> 01:10:34,160
Speaker 2: really care.

1534
01:10:34,280 --> 01:10:34,720
Speaker 3: I like you.

1535
01:10:34,920 --> 01:10:37,200
Speaker 2: You're a clearer guy. We have a chat. That's all good.

1536
01:10:37,280 --> 01:10:39,760
Speaker 2: Whereas a lot of the artists look at somebody like

1537
01:10:39,840 --> 01:10:42,439
Speaker 2: me publicly and go, hang on, there's something not you

1538
01:10:42,560 --> 01:10:43,200
Speaker 2: know what I'm saying.

1539
01:10:44,479 --> 01:10:47,759
Speaker 6: I do, But I mean, I'm I'm I talk about

1540
01:10:47,800 --> 01:10:50,120
Speaker 6: this on stage. I talk about how many I have

1541
01:10:50,240 --> 01:10:52,560
Speaker 6: many friends who are Tories. You know, I wrote a

1542
01:10:52,680 --> 01:10:55,000
Speaker 6: musical with a Tory in fact, dropping a big name.

1543
01:10:55,040 --> 01:10:56,320
Speaker 6: I got an email from him.

1544
01:10:56,160 --> 01:10:58,680
Speaker 3: About five minutes ago, and that's Lord Lloyd.

1545
01:10:58,439 --> 01:11:02,639
Speaker 6: Webber to you, mate, and yeah, we wrote musical together

1546
01:11:02,760 --> 01:11:06,400
Speaker 6: back in the back in the late nineties. So you know,

1547
01:11:06,600 --> 01:11:08,640
Speaker 6: I mean, I think Donald Trump has shown us what

1548
01:11:08,800 --> 01:11:12,559
Speaker 6: happens when kind of hatred and contempt is weaponized, when

1549
01:11:12,800 --> 01:11:16,200
Speaker 6: when you basically are only interested in your tribe. I mean,

1550
01:11:16,280 --> 01:11:18,280
Speaker 6: I think that goes for some of the zelots on

1551
01:11:18,360 --> 01:11:21,200
Speaker 6: the left as well. You know, if you're not with us,

1552
01:11:21,280 --> 01:11:23,760
Speaker 6: you and you're against us, and I think that way

1553
01:11:23,920 --> 01:11:28,439
Speaker 6: leads down a very very very rocky path, indeed, and

1554
01:11:28,680 --> 01:11:31,760
Speaker 6: so within you know, within a great deal of laxidity.

1555
01:11:31,880 --> 01:11:35,680
Speaker 3: I'm you know, I'm happy to for one.

1556
01:11:35,760 --> 01:11:38,160
Speaker 6: Then when I wrote that musical with Andrew, you know,

1557
01:11:38,320 --> 01:11:41,800
Speaker 6: some people said, because I publicly support the Labor Party

1558
01:11:41,800 --> 01:11:44,680
Speaker 6: in Britain, he publicly supports Labor conservatives.

1559
01:11:45,320 --> 01:11:48,360
Speaker 3: And I was accused of hypocrisy and I couldn't believe it.

1560
01:11:48,680 --> 01:11:49,920
Speaker 3: I said, I'm an artist.

1561
01:11:49,960 --> 01:11:51,960
Speaker 6: When you think I asked what somebody votes when I

1562
01:11:52,000 --> 01:11:53,680
Speaker 6: write a lyric with them, I mean, I have no

1563
01:11:53,840 --> 01:11:55,200
Speaker 6: idea what Rowan votes.

1564
01:11:55,360 --> 01:11:57,040
Speaker 3: I really genuinely have no idea.

1565
01:11:57,160 --> 01:11:59,040
Speaker 6: And I'm sure he wouldn't tell me because he's very

1566
01:11:59,160 --> 01:12:01,400
Speaker 6: very English in that sort of way, and he would say,

1567
01:12:01,479 --> 01:12:04,439
Speaker 6: that's you know, that's my business. I mean, you know me,

1568
01:12:04,680 --> 01:12:07,160
Speaker 6: I wear my heart on my sleeve, and if somebody

1569
01:12:07,200 --> 01:12:10,280
Speaker 6: asked me, I'll tell him. But I really thought it

1570
01:12:10,439 --> 01:12:13,120
Speaker 6: was genuinely crazy that I was.

1571
01:12:13,360 --> 01:12:14,080
Speaker 3: I came under a.

1572
01:12:14,120 --> 01:12:16,840
Speaker 6: Lot of flak for working with a toy. I wasn't

1573
01:12:16,880 --> 01:12:18,960
Speaker 6: working with a toy to get a Tory government elected.

1574
01:12:19,000 --> 01:12:22,080
Speaker 6: I was working with him to write a musical and

1575
01:12:22,160 --> 01:12:23,760
Speaker 6: I was very proud and happy to do so. And

1576
01:12:23,800 --> 01:12:26,080
Speaker 6: as I say, he only dropped me a line just today.

1577
01:12:26,320 --> 01:12:28,519
Speaker 2: Well, as always, we're looking forward to seeing you back

1578
01:12:28,520 --> 01:12:30,400
Speaker 2: in the country again, So go well on the tour

1579
01:12:30,479 --> 01:12:33,720
Speaker 2: in the meantime and maybe catch up when you hear Yeah,

1580
01:12:33,760 --> 01:12:34,360
Speaker 2: well I hope.

1581
01:12:34,280 --> 01:12:36,320
Speaker 3: So come and please come and see the show. I

1582
01:12:36,439 --> 01:12:39,040
Speaker 3: think I think you're I think you're going to enjoy it.

1583
01:12:39,439 --> 01:12:41,479
Speaker 2: I really do, all right, make ketchup so I appreciate it.

1584
01:12:41,520 --> 01:12:46,080
Speaker 2: Ben Elton, Wellington in twenty six April. Auckland twenty eight

1585
01:12:46,120 --> 01:12:48,080
Speaker 2: April takes a couple of days off and then on

1586
01:12:48,120 --> 01:12:50,519
Speaker 2: the second of May is in christ Judge ben Elton

1587
01:12:50,760 --> 01:12:51,400
Speaker 2: twenty two.

1588
01:12:52,520 --> 01:12:55,920
Speaker 1: The Make Asking Breakfast with the Range Rover The LA News.

1589
01:12:55,800 --> 01:12:59,559
Speaker 2: Talks Dead b twenty five. So back to the review.

1590
01:13:00,240 --> 01:13:01,960
Speaker 2: If you read that review, we learned things as well.

1591
01:13:02,040 --> 01:13:04,599
Speaker 2: Ben Elton hates Smike COSI do you think that's true?

1592
01:13:05,200 --> 01:13:08,120
Speaker 2: Having heard them in person? Now, I think we can

1593
01:13:08,520 --> 01:13:11,160
Speaker 2: place the reviews in the appropriate department, can't we, now,

1594
01:13:11,280 --> 01:13:14,800
Speaker 2: Mike central Otago, there's no crime to why everyone's moving there.

1595
01:13:14,840 --> 01:13:19,040
Speaker 2: This is reference back to Auckland at the statistics. If

1596
01:13:19,040 --> 01:13:21,400
Speaker 2: you missed them, The number of luxury homes sold is

1597
01:13:21,520 --> 01:13:24,640
Speaker 2: down significantly for obvious reasons. But the number is not

1598
01:13:24,960 --> 01:13:27,559
Speaker 2: down Central Otago. It's up, but it's down in places

1599
01:13:27,640 --> 01:13:29,360
Speaker 2: like the Bay of Plenty and in Auckland, and it

1600
01:13:29,439 --> 01:13:31,400
Speaker 2: seems that a lot of people have gone to Central Otago.

1601
01:13:32,000 --> 01:13:32,160
Speaker 3: Mike.

1602
01:13:32,200 --> 01:13:34,680
Speaker 2: It highly unlikely that any of our universities will ever

1603
01:13:34,720 --> 01:13:36,679
Speaker 2: make it into the top fifty, given their headlong rush

1604
01:13:36,720 --> 01:13:39,120
Speaker 2: to indigenize themselves. Not a bad point, Mike, Those poles

1605
01:13:39,160 --> 01:13:41,479
Speaker 2: are a joke. Luxon's doing his best fixing the mess

1606
01:13:41,520 --> 01:13:43,680
Speaker 2: that Labour left. Hipkins won't be smiling for too long.

1607
01:13:43,960 --> 01:13:46,519
Speaker 2: It'll be turned on its face. Well, I think that's

1608
01:13:46,560 --> 01:13:48,360
Speaker 2: the thing about democracy. It's the here and the now.

1609
01:13:48,400 --> 01:13:50,720
Speaker 2: It's the snapshot. Do you feel good about your lot?

1610
01:13:51,160 --> 01:13:53,760
Speaker 2: And the answers no, fifty to thirty nine or thereabouts,

1611
01:13:53,920 --> 01:13:55,400
Speaker 2: And then who do you blame for? That? Tends to

1612
01:13:55,439 --> 01:13:56,920
Speaker 2: be the government of the day, Mike. Great to be,

1613
01:13:57,040 --> 01:13:58,760
Speaker 2: but while the PM says he's busy cranking up the

1614
01:13:58,800 --> 01:14:01,400
Speaker 2: economy off shore, the rest of us are being asphyxiated

1615
01:14:01,400 --> 01:14:03,519
Speaker 2: by the morification of every aspect of our every day

1616
01:14:03,600 --> 01:14:06,960
Speaker 2: lives promoted by our dernists and the taxpayers funded media outlets. Boy,

1617
01:14:07,800 --> 01:14:10,360
Speaker 2: so you get that off Telegram, Mike, barnacles are a

1618
01:14:10,439 --> 01:14:12,599
Speaker 2: real bugger on your boat. Very hard to get the well.

1619
01:14:12,640 --> 01:14:14,880
Speaker 2: I know, I didn't have time to raise and expand

1620
01:14:14,960 --> 01:14:16,240
Speaker 2: with that. When he said we need to get the

1621
01:14:16,280 --> 01:14:17,760
Speaker 2: barnacles off the boat, I thought, what do you mean,

1622
01:14:17,840 --> 01:14:21,840
Speaker 2: captain Captain Luxo? Mike, less conversation, more implementation from mister

1623
01:14:21,960 --> 01:14:25,040
Speaker 2: rolling thunder, please, Mike. Christoper Laxon has a droning voice

1624
01:14:25,080 --> 01:14:26,880
Speaker 2: and needs to smile with his eyes. He needs to

1625
01:14:27,000 --> 01:14:29,680
Speaker 2: fix this. Thank you, Sharon, I'll pass that on.

1626
01:14:29,840 --> 01:14:31,720
Speaker 15: What's happened to all those people used to love the

1627
01:14:31,760 --> 01:14:34,559
Speaker 15: way that he could speak for hours on end without notes.

1628
01:14:34,760 --> 01:14:37,760
Speaker 2: We got bored with it. Probably a really good show

1629
01:14:37,840 --> 01:14:40,960
Speaker 2: this morning, Mike. Well, usually good, but extra good today. Karen.

1630
01:14:41,000 --> 01:14:46,800
Speaker 2: It's correat made all the difference news for you, and

1631
01:14:47,080 --> 01:14:50,240
Speaker 2: it's like a Herald review news for you. And a

1632
01:14:50,280 --> 01:14:51,639
Speaker 2: couple of moments then.

1633
01:14:51,560 --> 01:14:55,880
Speaker 1: Rod, the only report you need to start your day

1634
01:14:56,160 --> 01:14:59,800
Speaker 1: The Mike Casting Breakfast with Bailey's Real Estate finding the

1635
01:15:00,120 --> 01:15:02,040
Speaker 1: as others can't use togs dbs.

1636
01:15:02,160 --> 01:15:04,040
Speaker 2: He's looking fine so far. On The ratings of the

1637
01:15:04,120 --> 01:15:07,639
Speaker 2: Super Bowl are households, So it's not the number of people,

1638
01:15:07,680 --> 01:15:10,679
Speaker 2: it's how many households it's got to. So one household

1639
01:15:10,760 --> 01:15:13,080
Speaker 2: might have had twenty people, one household might add one,

1640
01:15:13,960 --> 01:15:16,840
Speaker 2: and Samba TV tells us it's thirty seven point one

1641
01:15:16,960 --> 01:15:22,800
Speaker 2: million households, which is down a bit ad revenue, a

1642
01:15:22,880 --> 01:15:26,000
Speaker 2: bit over a billion in New Zealand dollars. In terms

1643
01:15:26,040 --> 01:15:28,920
Speaker 2: of ads that featured celebrities, if you go back to

1644
01:15:29,000 --> 01:15:31,320
Speaker 2: twenty twenty, only half of them did. It was fifty

1645
01:15:31,320 --> 01:15:35,160
Speaker 2: to fifty. By last year it was seventy four percent.

1646
01:15:35,200 --> 01:15:37,559
Speaker 2: This year will be even higher. So essentially, unless you've

1647
01:15:37,560 --> 01:15:39,679
Speaker 2: got a celebrity in your age, you're going no, we're fast.

1648
01:15:40,400 --> 01:15:44,839
Speaker 2: Audience gets split all over the place these days, depending

1649
01:15:44,880 --> 01:15:51,000
Speaker 2: on where you're looking. Fubo was involved, and there were delays,

1650
01:15:51,200 --> 01:15:55,479
Speaker 2: and there was Telemundo and Fox deportees in Spanish language,

1651
01:15:57,240 --> 01:15:59,639
Speaker 2: so you can go down a rabbit hole basically forever.

1652
01:15:59,680 --> 01:16:01,559
Speaker 2: But I still haven't got to the bottom of did

1653
01:16:01,720 --> 01:16:04,600
Speaker 2: more people watch it this year than last year? And

1654
01:16:04,640 --> 01:16:07,240
Speaker 2: therefore is it the biggest sporting event in the history

1655
01:16:07,240 --> 01:16:09,840
Speaker 2: of sporting events? That question, as I said here talking

1656
01:16:09,880 --> 01:16:13,400
Speaker 2: to you now, remains unanswered. Twenty two to nine.

1657
01:16:13,920 --> 01:16:17,760
Speaker 1: International correspondence with ends an eye insurance, peace of mind

1658
01:16:17,840 --> 01:16:19,320
Speaker 1: for New Zealand business brit in the.

1659
01:16:19,280 --> 01:16:22,519
Speaker 2: Great Rod little morning to you, mate, Hey, good morning,

1660
01:16:22,600 --> 01:16:26,000
Speaker 2: Hey do it very well? Indeed, Andrew Gwynn, who's no

1661
01:16:26,200 --> 01:16:30,640
Speaker 2: longer enders mate, Oliver Ryan. Are they household names? Are

1662
01:16:30,680 --> 01:16:31,920
Speaker 2: they sort of people you would know? Are not?

1663
01:16:32,000 --> 01:16:32,240
Speaker 5: Really?

1664
01:16:33,720 --> 01:16:33,760
Speaker 4: No?

1665
01:16:34,000 --> 01:16:36,080
Speaker 11: I mean the people I know, because you know I'm

1666
01:16:36,080 --> 01:16:39,400
Speaker 11: a political nerd. But no, most people will never have

1667
01:16:39,479 --> 01:16:44,040
Speaker 11: heard of them. It's a difficult one, you know. I

1668
01:16:44,360 --> 01:16:47,200
Speaker 11: wonder also what people most people will have thought of this.

1669
01:16:48,000 --> 01:16:50,719
Speaker 11: There's been outright condemnation. Both of these guys were members

1670
01:16:50,760 --> 01:16:55,280
Speaker 11: of a WhatsApp group which in which they shared frank

1671
01:16:55,760 --> 01:17:00,519
Speaker 11: and sometimes scabrous observations of what was going on around them,

1672
01:17:00,960 --> 01:17:04,920
Speaker 11: you know, so very offhand. One of them said he'd

1673
01:17:05,120 --> 01:17:07,639
Speaker 11: like to see a cyclist campaign and mowed down by

1674
01:17:07,680 --> 01:17:09,599
Speaker 11: a lorry. But it was a joke, you know, it's

1675
01:17:09,640 --> 01:17:13,320
Speaker 11: a joke. They're both in big trouble.

1676
01:17:13,720 --> 01:17:13,880
Speaker 3: You know.

1677
01:17:14,000 --> 01:17:16,320
Speaker 11: My guess is Andrew GUYDD will be de selected. They've

1678
01:17:16,360 --> 01:17:19,400
Speaker 11: both been hauled out of their beds to give a

1679
01:17:19,520 --> 01:17:23,760
Speaker 11: groveling apology to the press. Ryan has done exactly the

1680
01:17:23,840 --> 01:17:27,519
Speaker 11: same thing and said I was misadvised. I should never

1681
01:17:27,600 --> 01:17:28,000
Speaker 11: have done this.

1682
01:17:28,120 --> 01:17:28,800
Speaker 2: What do you did it?

1683
01:17:29,000 --> 01:17:34,320
Speaker 11: Mate? Have some spine and don't apologize for it. It

1684
01:17:34,520 --> 01:17:36,479
Speaker 11: was basically all these guys were doing was letting off

1685
01:17:36,479 --> 01:17:39,800
Speaker 11: a bit of steam on WhatsApp, and the Conservatives have

1686
01:17:39,880 --> 01:17:44,560
Speaker 11: gone for them. You know, maybe it plays well with

1687
01:17:44,680 --> 01:17:47,479
Speaker 11: the public, in which case I'm beginning to lose grip

1688
01:17:47,560 --> 01:17:49,120
Speaker 11: of what the public stands for.

1689
01:17:50,400 --> 01:17:53,720
Speaker 2: Although it's in political terms, a toways the distraction, isn't it.

1690
01:17:53,960 --> 01:17:56,000
Speaker 2: It's something that the leader of that I, given the

1691
01:17:56,080 --> 01:17:58,080
Speaker 2: economic circumstances, really doesn't need.

1692
01:17:59,800 --> 01:18:00,880
Speaker 3: Yeah, of course it is.

1693
01:18:00,960 --> 01:18:03,479
Speaker 11: And it's a problem for Style because he loses two

1694
01:18:03,560 --> 01:18:06,920
Speaker 11: MP's as a consequence of it, and he's already lost one,

1695
01:18:07,000 --> 01:18:10,599
Speaker 11: you know, in Rosy Duffield. So it is a problem,

1696
01:18:11,080 --> 01:18:13,560
Speaker 11: but it kind of shouldn't be, you know what I

1697
01:18:13,680 --> 01:18:17,719
Speaker 11: mean by you know, I don't have agreed, without question,

1698
01:18:18,000 --> 01:18:20,439
Speaker 11: had the same thing happened to the Tories, Labor will

1699
01:18:20,479 --> 01:18:25,679
Speaker 11: be up and down screaming abuse and demanding resignations and everything.

1700
01:18:26,479 --> 01:18:28,519
Speaker 11: But that's the world we live in. It's a bit

1701
01:18:28,560 --> 01:18:32,439
Speaker 11: of an a tempto for all the others Murray's you know,

1702
01:18:32,680 --> 01:18:36,400
Speaker 11: it's just it's something which saddens me rather than angers me,

1703
01:18:36,520 --> 01:18:38,040
Speaker 11: if you know what I mean exactly.

1704
01:18:38,800 --> 01:18:44,200
Speaker 2: Immigration, the tribunal the excuses are one thing. The taking

1705
01:18:44,280 --> 01:18:46,880
Speaker 2: of the excuses, not deporting people, seems to be another.

1706
01:18:46,920 --> 01:18:49,200
Speaker 2: As something gone horribly wrong here. Who are these people

1707
01:18:49,280 --> 01:18:49,840
Speaker 2: running this thing?

1708
01:18:51,360 --> 01:18:54,719
Speaker 11: Well we don't know because they are unnamed. The judges

1709
01:18:54,720 --> 01:18:58,160
Speaker 11: are unnamed, presumably to protect their own security. But we've

1710
01:18:58,240 --> 01:19:00,479
Speaker 11: had two cases, I mean, I don't know if you

1711
01:19:00,520 --> 01:19:03,840
Speaker 11: can credit this week in the last couple of days.

1712
01:19:03,880 --> 01:19:06,080
Speaker 11: Reported in the last couple of days. One was a

1713
01:19:06,120 --> 01:19:11,080
Speaker 11: Pakistani pedophile who preyed on barely pubescent girls. Received an

1714
01:19:11,080 --> 01:19:15,559
Speaker 11: eighteen month sentence for it, and we tried to get

1715
01:19:15,600 --> 01:19:19,840
Speaker 11: emptyported back to his home country of Pakistan, and the

1716
01:19:19,960 --> 01:19:23,000
Speaker 11: judge decided that it would be unfair to send him

1717
01:19:23,000 --> 01:19:25,960
Speaker 11: because his family and this is a direct quote, might

1718
01:19:26,120 --> 01:19:30,200
Speaker 11: look dimly upon his behavior once he returned to Pakistan.

1719
01:19:31,360 --> 01:19:36,680
Speaker 11: I mean, I am just with disbelief of this. You

1720
01:19:36,800 --> 01:19:39,479
Speaker 11: can't make it up. And it's, you know, the idea

1721
01:19:39,560 --> 01:19:42,320
Speaker 11: that because his mum might you know, say, oh you've

1722
01:19:42,400 --> 01:19:46,519
Speaker 11: been very naughty. See, you know, it's just But the

1723
01:19:46,640 --> 01:19:50,960
Speaker 11: second one was perhaps even more ludicrous. That an Albanian

1724
01:19:51,040 --> 01:19:55,040
Speaker 11: criminal who'd massed two hundred and fifty thousand pounds through

1725
01:19:55,040 --> 01:19:58,400
Speaker 11: illegal means I think it was drug dealing, cannot be

1726
01:19:58,520 --> 01:20:01,640
Speaker 11: deported back to his home color because his son, who

1727
01:20:01,680 --> 01:20:04,920
Speaker 11: would go with him doesn't like the way they make

1728
01:20:05,080 --> 01:20:06,439
Speaker 11: chicken nuggets.

1729
01:20:06,000 --> 01:20:08,360
Speaker 2: Abroad there does not.

1730
01:20:11,240 --> 01:20:14,519
Speaker 11: It is exactly what was said. It is exactly what said.

1731
01:20:14,840 --> 01:20:18,639
Speaker 11: He is apparently a difficult young man, and he gets

1732
01:20:18,720 --> 01:20:22,400
Speaker 11: on edge, and he's probably ADHD certificated and so on.

1733
01:20:22,880 --> 01:20:25,200
Speaker 11: But things like that. And it was brought up in

1734
01:20:25,320 --> 01:20:29,160
Speaker 11: court that this and this was a contributedly reason for

1735
01:20:29,320 --> 01:20:33,439
Speaker 11: not sending it back because of the chicken nuggets. And

1736
01:20:33,600 --> 01:20:36,040
Speaker 11: you can imagine how we feel reading this, and you

1737
01:20:36,120 --> 01:20:38,479
Speaker 11: imagine thinking, how can we send anyone?

1738
01:20:39,960 --> 01:20:40,080
Speaker 20: Who?

1739
01:20:40,120 --> 01:20:42,639
Speaker 2: Are these people answerable to the tribunal answers to who?

1740
01:20:42,680 --> 01:20:44,439
Speaker 2: The Minister of what or the Secretary of what?

1741
01:20:45,840 --> 01:20:47,800
Speaker 11: I would have thought the Secretary of State of Justice,

1742
01:20:48,439 --> 01:20:50,360
Speaker 11: though of course the tribute, Yes, I would have thought

1743
01:20:50,400 --> 01:20:53,439
Speaker 11: it could be the Home Office in this particular case,

1744
01:20:53,840 --> 01:20:56,519
Speaker 11: could be the Home Office. But but you know, it's

1745
01:20:56,600 --> 01:21:02,320
Speaker 11: a we can't name either the we can't name the

1746
01:21:02,560 --> 01:21:06,280
Speaker 11: judge because we're not told them. It's remarkable.

1747
01:21:06,479 --> 01:21:08,920
Speaker 2: We were talking to Catherine Field and France earlier on

1748
01:21:09,000 --> 01:21:11,160
Speaker 2: this morning and JD Vants in that particular part of

1749
01:21:11,160 --> 01:21:13,000
Speaker 2: the world of Macron's is busy about aion stuff, but

1750
01:21:13,040 --> 01:21:16,080
Speaker 2: everyone's gripped by tariffs. I'm assuming you're caught up in

1751
01:21:16,160 --> 01:21:16,960
Speaker 2: the steel business.

1752
01:21:18,680 --> 01:21:19,040
Speaker 3: We are.

1753
01:21:19,439 --> 01:21:22,919
Speaker 11: We are, though how much we've caught up is possibly

1754
01:21:23,000 --> 01:21:25,680
Speaker 11: being over reflected in the news coverage which it is

1755
01:21:25,840 --> 01:21:29,719
Speaker 11: generated here. I have heard the bosses of several British

1756
01:21:29,720 --> 01:21:34,040
Speaker 11: steel companies saying that this that any tariffs would hurt

1757
01:21:34,080 --> 01:21:40,160
Speaker 11: them greatly. That being said, Margaret's auch To destroyed most

1758
01:21:40,240 --> 01:21:44,920
Speaker 11: of the steel industry between nineteen seventy nine and nineteen ninety,

1759
01:21:45,360 --> 01:21:50,320
Speaker 11: and Tony Blair destroyed most of the rest we produce.

1760
01:21:50,479 --> 01:21:54,200
Speaker 11: I think it's I think it's five million tons per

1761
01:21:54,320 --> 01:21:57,720
Speaker 11: year compared to what for example, in the Europe it's

1762
01:21:57,800 --> 01:22:02,000
Speaker 11: something like one hundred and forty one million tons per year,

1763
01:22:03,000 --> 01:22:05,960
Speaker 11: but a quarter of that coming from Germany. So it's

1764
01:22:06,120 --> 01:22:10,920
Speaker 11: Germany to these tariffs and really angled particularly So.

1765
01:22:11,760 --> 01:22:14,000
Speaker 2: Sorry, I'm just going to say a quick one before

1766
01:22:14,040 --> 01:22:16,120
Speaker 2: we go that I've been reading about the Chagos Islands

1767
01:22:16,160 --> 01:22:19,800
Speaker 2: and the deal change of Prime Minister. Is the UK

1768
01:22:20,040 --> 01:22:22,599
Speaker 2: in trouble over the deal they've got, in other words,

1769
01:22:23,360 --> 01:22:26,439
Speaker 2: lease payments and it's inflation adjusted in front loader and

1770
01:22:26,520 --> 01:22:27,920
Speaker 2: all that, or is that a nov.

1771
01:22:29,240 --> 01:22:31,559
Speaker 11: No, it's in massive trouble, and it's in massive trouble

1772
01:22:31,840 --> 01:22:35,519
Speaker 11: over over a huge array of issues, not least our

1773
01:22:35,560 --> 01:22:41,679
Speaker 11: relationship with the USA, but also with labor MPs having

1774
01:22:41,720 --> 01:22:45,800
Speaker 11: to explain to their constituents that the money that they're

1775
01:22:45,840 --> 01:22:48,080
Speaker 11: going to be spending is to give part of our

1776
01:22:48,200 --> 01:22:51,040
Speaker 11: territory away to a foreign government which is in cahout

1777
01:22:51,160 --> 01:22:54,559
Speaker 11: with the Chinese, you know, and it's a very difficult

1778
01:22:54,680 --> 01:22:58,559
Speaker 11: cell for those labor MPs and more and more people

1779
01:22:58,640 --> 01:23:00,920
Speaker 11: within labor. Lord Glassen a couple of weeks ago on

1780
01:23:01,000 --> 01:23:03,800
Speaker 11: my program on their Times Radio was saying, you know,

1781
01:23:03,920 --> 01:23:06,920
Speaker 11: this has to be stopped in its tracks, and more

1782
01:23:06,960 --> 01:23:09,320
Speaker 11: and more people are saying this, and it wouldn't surprise

1783
01:23:09,360 --> 01:23:11,880
Speaker 11: me if somewhere down the line it was either changed

1784
01:23:12,000 --> 01:23:12,439
Speaker 11: or stopped.

1785
01:23:12,600 --> 01:23:14,160
Speaker 2: Good on you might catch up in a couple of days.

1786
01:23:14,160 --> 01:23:16,280
Speaker 2: Appreciated it as always point to make and I'll come

1787
01:23:16,320 --> 01:23:18,560
Speaker 2: back to the Seymour story. On his letter for Polkinghorn,

1788
01:23:19,040 --> 01:23:22,920
Speaker 2: the comments made by Oliver Ryan were made before he

1789
01:23:23,040 --> 01:23:25,840
Speaker 2: was an MP, which then leads to the question, if

1790
01:23:25,880 --> 01:23:28,000
Speaker 2: you do something before you become an MP, can you

1791
01:23:28,080 --> 01:23:31,000
Speaker 2: be held accountable as an MP before the things you

1792
01:23:31,080 --> 01:23:33,360
Speaker 2: did before you became an MP? Sort of like David

1793
01:23:33,400 --> 01:23:35,439
Speaker 2: Seymour wasn't a Minister of the crown when he wrote

1794
01:23:35,439 --> 01:23:37,439
Speaker 2: the letter. But anyway more in a moment eight forty five.

1795
01:23:38,520 --> 01:23:42,920
Speaker 1: The Mike Asking Breakfast Fall Show podcast on iHeartRadio powered

1796
01:23:42,960 --> 01:23:44,080
Speaker 1: by News Talks AB.

1797
01:23:45,040 --> 01:23:47,040
Speaker 2: Mike, isn't it part of an MP's job to assist

1798
01:23:47,080 --> 01:23:50,360
Speaker 2: with constituents dealings with government functions? Yes, and that would

1799
01:23:50,400 --> 01:23:53,160
Speaker 2: be David Seymour's argument, But it's an interesting inside as

1800
01:23:53,200 --> 01:23:54,680
Speaker 2: to whether or not you could do it as a

1801
01:23:54,760 --> 01:23:56,679
Speaker 2: cabinet minister. And then of course the detail and that's

1802
01:23:56,760 --> 01:24:00,560
Speaker 2: where the tintsion arose yesterday between miss to Lux and

1803
01:24:00,600 --> 01:24:03,160
Speaker 2: to mister Simo. The interesting thing for me is, having

1804
01:24:03,240 --> 01:24:05,960
Speaker 2: been in a world of robust exchange my entire life,

1805
01:24:06,520 --> 01:24:09,120
Speaker 2: the sort of delicacy with which we look at MMP

1806
01:24:09,320 --> 01:24:11,640
Speaker 2: we really it's certainly the media's fault apart from anything else.

1807
01:24:11,640 --> 01:24:13,800
Speaker 2: I don't think wider New Zealand's particularly gripped by it.

1808
01:24:14,320 --> 01:24:17,800
Speaker 2: The delicacy with which we somehow fail to deal with

1809
01:24:17,920 --> 01:24:21,040
Speaker 2: adult interactions is a bizarre thing, as though you can

1810
01:24:21,120 --> 01:24:25,400
Speaker 2: come from three completely different organizations or largely different organizations,

1811
01:24:26,080 --> 01:24:29,760
Speaker 2: coalesce in a false arrangement that is not of your

1812
01:24:29,880 --> 01:24:32,800
Speaker 2: doing but of the people's doing, and then as a

1813
01:24:32,840 --> 01:24:35,759
Speaker 2: result of that be expected to behave in a sweet

1814
01:24:35,800 --> 01:24:37,479
Speaker 2: and light kind of way for a period of three

1815
01:24:37,560 --> 01:24:39,720
Speaker 2: years while you're dealing with one the economy and two

1816
01:24:39,800 --> 01:24:42,800
Speaker 2: year survival. And somehow when there's a little bit of

1817
01:24:42,920 --> 01:24:44,640
Speaker 2: back and forward or a bit of BIFO or a

1818
01:24:44,680 --> 01:24:47,679
Speaker 2: bit of whatever, suddenly it's the end of the world.

1819
01:24:47,680 --> 01:24:49,040
Speaker 2: And we don't seem to get a grip on that

1820
01:24:49,120 --> 01:24:51,559
Speaker 2: we've never really understood what we voted for all those

1821
01:24:51,640 --> 01:24:55,240
Speaker 2: years ago, which is a system whereby people who don't

1822
01:24:55,360 --> 01:24:58,800
Speaker 2: ordinarily get on one hundred percent of the time, because

1823
01:24:58,800 --> 01:25:00,920
Speaker 2: if they did, they would be in the same party

1824
01:25:02,040 --> 01:25:05,799
Speaker 2: brought together artificially to run the place. And somehow, because

1825
01:25:05,920 --> 01:25:08,680
Speaker 2: David said this and Christopher said that, there's some sort

1826
01:25:08,720 --> 01:25:12,479
Speaker 2: of massive meltdown the personal organized, Michael Landrover on this say,

1827
01:25:12,479 --> 01:25:14,160
Speaker 2: I mean that what a beat up that was yesterday,

1828
01:25:14,240 --> 01:25:17,280
Speaker 2: What a ridiculous beat up The person who organized. The

1829
01:25:17,360 --> 01:25:19,760
Speaker 2: land drover on the steps of Parliament was interviewed a

1830
01:25:19,840 --> 01:25:22,320
Speaker 2: week ago, was part of an organized tour of the country.

1831
01:25:22,439 --> 01:25:23,920
Speaker 2: He said in the interview that they were going to

1832
01:25:24,000 --> 01:25:25,320
Speaker 2: drive it up the steps of the Parliament. It was

1833
01:25:25,360 --> 01:25:27,559
Speaker 2: a plan to event, not David Seymore being impulsive allout,

1834
01:25:28,000 --> 01:25:30,479
Speaker 2: even if it was him being impulsive. So well, he drove,

1835
01:25:30,840 --> 01:25:32,599
Speaker 2: drove an old land drove up the steps of Parliament.

1836
01:25:32,600 --> 01:25:36,320
Speaker 2: Whipby do who cares? So he's a bit fun Old David,

1837
01:25:36,439 --> 01:25:39,920
Speaker 2: crazy old Dave. If he had driven it up through

1838
01:25:40,040 --> 01:25:43,679
Speaker 2: the doors, burnt some rubber on the tiles and driven

1839
01:25:43,720 --> 01:25:46,439
Speaker 2: it back down and you know, gone running off down

1840
01:25:46,520 --> 01:25:49,280
Speaker 2: the streets squealing, we probably be worried for his mental health,

1841
01:25:49,320 --> 01:25:50,920
Speaker 2: but he isn't. He was just you know, it was

1842
01:25:51,040 --> 01:25:53,680
Speaker 2: just a thing. It's just like, calm down. I got

1843
01:25:53,800 --> 01:25:55,280
Speaker 2: to come to Disney. I've got to I've got a

1844
01:25:55,360 --> 01:25:57,880
Speaker 2: streaming problem to ask you about. In a moment, nine

1845
01:25:57,880 --> 01:25:59,000
Speaker 2: minutes away from nine.

1846
01:25:59,240 --> 01:26:03,680
Speaker 1: The Mateos breakfast with Bailey's real estate news dogs dead be.

1847
01:26:03,960 --> 01:26:06,200
Speaker 2: While we wait for Sky to announce or not announce

1848
01:26:06,240 --> 01:26:08,160
Speaker 2: their deal with the rugby Union, which will be one

1849
01:26:08,200 --> 01:26:11,719
Speaker 2: of their major income earners, and there's various stories floating

1850
01:26:11,760 --> 01:26:13,559
Speaker 2: around about that as to why it hasn't been announced

1851
01:26:13,560 --> 01:26:16,639
Speaker 2: so far. Disney Plus has announced this morning for Australia

1852
01:26:16,680 --> 01:26:20,040
Speaker 2: New Zealand, we are the first English speaking markets outside

1853
01:26:20,040 --> 01:26:22,720
Speaker 2: of North America to launch ESPN on Disney Plus. So,

1854
01:26:22,760 --> 01:26:24,800
Speaker 2: in other words, ESPN is what you probably watched the

1855
01:26:24,840 --> 01:26:26,439
Speaker 2: Super Bowl on yesterday if you didn't watch it on

1856
01:26:26,560 --> 01:26:30,160
Speaker 2: TV and sead. So ESPN's all your sport, American sport.

1857
01:26:30,560 --> 01:26:34,160
Speaker 2: It's the NBA, it's the NHL, it's the baseball, it's

1858
01:26:34,240 --> 01:26:36,360
Speaker 2: the football. It's a whole bunch of other stuff, include

1859
01:26:36,800 --> 01:26:38,600
Speaker 2: bowling on there. It's got some tempin bowling, it's got

1860
01:26:38,640 --> 01:26:40,800
Speaker 2: some wrestling on there these days. Anyway, you'll get that

1861
01:26:40,920 --> 01:26:42,599
Speaker 2: now as part of you Disney package. If you get

1862
01:26:42,600 --> 01:26:44,479
Speaker 2: Disney package. My question to you is, if you've got

1863
01:26:44,520 --> 01:26:48,080
Speaker 2: Disney Plus, you've got Sky, do you drop Sky because

1864
01:26:48,280 --> 01:26:52,439
Speaker 2: you no longer need ESPN because ESPN's on Disney, or

1865
01:26:52,520 --> 01:26:55,920
Speaker 2: as the All Blacks and the Warriors of important enough

1866
01:26:56,000 --> 01:26:58,080
Speaker 2: to you to hold on to the sport from Sky

1867
01:26:58,760 --> 01:27:01,280
Speaker 2: and also have Disney, or if you don't have Disney,

1868
01:27:02,360 --> 01:27:06,160
Speaker 2: is ESPN suddenly arriving on the Disney platform enough.

1869
01:27:06,080 --> 01:27:06,640
Speaker 11: For you to go.

1870
01:27:06,880 --> 01:27:08,000
Speaker 2: I'll pay for Disney.

1871
01:27:08,800 --> 01:27:09,840
Speaker 15: Do they have the spelling bee?

1872
01:27:10,600 --> 01:27:12,880
Speaker 2: I don't think it does have the spelling bee? No, no,

1873
01:27:13,120 --> 01:27:18,160
Speaker 2: I don't think so. Stanley Tucci is on Living this

1874
01:27:18,400 --> 01:27:21,880
Speaker 2: weekend his second series of Discovering Italy. If you haven't

1875
01:27:21,880 --> 01:27:24,280
Speaker 2: seen series one, must watch. Series two is going to

1876
01:27:24,320 --> 01:27:24,800
Speaker 2: be even better.

1877
01:27:24,880 --> 01:27:26,040
Speaker 15: So it's on ESPN, is it?

1878
01:27:26,280 --> 01:27:29,560
Speaker 2: It's not on ESPN, It's on Living, which is on

1879
01:27:32,439 --> 01:27:35,479
Speaker 2: channel eighty seven. I made up a number. I don't

1880
01:27:35,520 --> 01:27:38,639
Speaker 2: know where it is five minutes away from nine now.

1881
01:27:40,400 --> 01:27:40,679
Speaker 11: Twenty.

1882
01:27:40,800 --> 01:27:45,479
Speaker 2: Real house of frequencis eighteen. Speaking of television ad revenue,

1883
01:27:45,520 --> 01:27:47,200
Speaker 2: over a billion dollars. As I told you a moment ago.

1884
01:27:47,240 --> 01:27:50,280
Speaker 2: For the Super Bowl, most watch ad was Nike. That's

1885
01:27:50,320 --> 01:27:52,240
Speaker 2: a hate watch because it petted women against me and

1886
01:27:52,280 --> 01:27:55,479
Speaker 2: you can't do that anymore. The consensus, though most popular

1887
01:27:55,560 --> 01:27:57,639
Speaker 2: this one Jeep Harrison Ford.

1888
01:27:57,920 --> 01:28:00,840
Speaker 3: The longest thing we ever do is live our lives.

1889
01:28:03,120 --> 01:28:05,320
Speaker 16: But life doesn't come with an owner's manual.

1890
01:28:06,920 --> 01:28:08,000
Speaker 2: Might have been nice, all right.

1891
01:28:09,000 --> 01:28:12,240
Speaker 16: Freedom is a roar one man's insurance.

1892
01:28:13,680 --> 01:28:15,360
Speaker 3: And the silence of another's.

1893
01:28:17,320 --> 01:28:19,000
Speaker 2: We won't always agree.

1894
01:28:18,920 --> 01:28:24,439
Speaker 16: On which way to go, but our differences can be

1895
01:28:24,560 --> 01:28:30,200
Speaker 16: our strength. So choose, but choose wisely. Choose what makes

1896
01:28:30,320 --> 01:28:30,920
Speaker 16: you happy.

1897
01:28:31,840 --> 01:28:36,559
Speaker 5: My friends, my family, my work make me happy.

1898
01:28:36,880 --> 01:28:38,519
Speaker 3: This team makes me happy.

1899
01:28:38,800 --> 01:28:47,160
Speaker 2: Really, given though my name is that's my owner's manual,

1900
01:28:48,400 --> 01:28:53,320
Speaker 2: Get out there right your own? That's awesome. Why don't

1901
01:28:53,320 --> 01:28:55,240
Speaker 2: we have its? Why of that in New Zealand? That's awesome?

1902
01:28:55,720 --> 01:28:58,920
Speaker 2: Do think he really believes it? Do they really thinks

1903
01:28:58,920 --> 01:29:01,680
Speaker 2: of Jeeps Electric one? By the way, of course he is.

1904
01:29:01,800 --> 01:29:05,559
Speaker 2: I knew that. What's that program he's on with the Psychi? Yeah,

1905
01:29:06,760 --> 01:29:09,280
Speaker 2: well you say, I think Katie says he's the weak link,

1906
01:29:09,439 --> 01:29:13,120
Speaker 2: which I that's what she says. And obviously I don't.

1907
01:29:12,920 --> 01:29:16,880
Speaker 15: Argue she's got no taste, which we already knew. Just right,

1908
01:29:17,080 --> 01:29:19,280
Speaker 15: just raise that now, well we already knew that.

1909
01:29:19,720 --> 01:29:21,800
Speaker 2: Got to go home to the we look at her.

1910
01:29:21,880 --> 01:29:24,640
Speaker 2: She married, she loves me.

1911
01:29:25,120 --> 01:29:27,280
Speaker 15: Yeah, because you're just making my case for me.

1912
01:29:28,280 --> 01:29:32,799
Speaker 2: She thinks I'm really cool and also extremely sicky.

1913
01:29:33,360 --> 01:29:34,799
Speaker 15: Guilty on all charges.

1914
01:29:36,920 --> 01:29:42,639
Speaker 2: Living Light back tomorrow, as always, Happy Days.

1915
01:29:46,080 --> 01:29:48,920
Speaker 1: For more from the Mic Asking Breakfast, listen live to

1916
01:29:49,080 --> 01:29:52,120
Speaker 1: news talks it'd be from six am weekdays, or follow

1917
01:29:52,200 --> 01:29:53,720
Speaker 1: the podcast on iHeartRadio.