1 00:00:00,200 --> 00:00:04,600 Speaker 1: It's your source of freaking news, challenging opinion and honored facts. 2 00:00:04,800 --> 00:00:09,320 Speaker 1: The Mike Hosking Breakfast with a Vida, Retirement, Communities, Life 3 00:00:09,520 --> 00:00:11,080 Speaker 1: Your Way, news togs had been. 4 00:00:11,080 --> 00:00:13,240 Speaker 2: Morning and welcome today. The good news bad news story 5 00:00:13,240 --> 00:00:15,320 Speaker 2: around our red meat sector and how much better we 6 00:00:15,360 --> 00:00:18,320 Speaker 2: could be doing. We found some optimism in the retail sector. 7 00:00:18,440 --> 00:00:21,079 Speaker 2: We got more to tinkering into acc to make things 8 00:00:21,079 --> 00:00:23,200 Speaker 2: look better than they actually are. Marking Jinny did the 9 00:00:23,200 --> 00:00:26,040 Speaker 2: Bazaar after eight Big Wednesday, Richard Arnold, Steve Price. They 10 00:00:26,160 --> 00:00:30,319 Speaker 2: rock on in as well. Hosking feeling good seven past six. 11 00:00:30,360 --> 00:00:33,600 Speaker 2: Welcome today. Tell you what the most upbeat thing that 12 00:00:33,680 --> 00:00:35,479 Speaker 2: I've read lately about the media. As a bloke who 13 00:00:35,479 --> 00:00:38,479 Speaker 2: wrote an article about buying the magazine he was working 14 00:00:38,520 --> 00:00:40,239 Speaker 2: on when it all went a bit pear shaped, he 15 00:00:40,280 --> 00:00:42,600 Speaker 2: worked us through what he had learned, what he had changed, 16 00:00:42,600 --> 00:00:45,960 Speaker 2: how it was going in magazine land Bauer, if you remember, 17 00:00:46,000 --> 00:00:48,080 Speaker 2: were the first two scarped when the dark old days 18 00:00:48,080 --> 00:00:50,440 Speaker 2: of COVID arrived, and because they owned so much, a 19 00:00:50,479 --> 00:00:52,720 Speaker 2: lot of carnage ensued in a lot of magazines vanished 20 00:00:52,720 --> 00:00:55,040 Speaker 2: because well, maybe never to be seen again. The rest 21 00:00:55,080 --> 00:00:58,280 Speaker 2: is relatively though positive history, given most of the titles 22 00:00:58,280 --> 00:01:01,040 Speaker 2: seemed to be back locally owned and running doing from 23 00:01:01,080 --> 00:01:05,959 Speaker 2: all accounts okay. So does Sky's purchase of Discovery locally 24 00:01:06,000 --> 00:01:09,080 Speaker 2: referred to as TV three close the circle of sorts 25 00:01:09,080 --> 00:01:11,759 Speaker 2: in this tumultuous period of New Zealand media, where any 26 00:01:11,760 --> 00:01:14,479 Speaker 2: amount of blood has been spelled and drama has played out. 27 00:01:14,920 --> 00:01:17,319 Speaker 2: When I say circle closed by its very nature, of course, 28 00:01:17,319 --> 00:01:19,520 Speaker 2: media evolves no matter what the period or the era 29 00:01:19,680 --> 00:01:23,440 Speaker 2: or the circumstances. But have things or will things settle 30 00:01:23,480 --> 00:01:26,360 Speaker 2: a bit? Stuff have got trade me on board, and 31 00:01:26,360 --> 00:01:28,400 Speaker 2: they claim to be able to pay the bills these days. 32 00:01:28,480 --> 00:01:30,720 Speaker 2: Enzed me is a going concern, some parts of which 33 00:01:30,760 --> 00:01:34,560 Speaker 2: are particularly successful. Sky have always looked pretty solid as 34 00:01:34,560 --> 00:01:36,320 Speaker 2: far as I can work out, through this whole period, 35 00:01:36,360 --> 00:01:37,959 Speaker 2: and now they got a great big free to wear 36 00:01:38,040 --> 00:01:40,600 Speaker 2: toy to play with. Media Works has a massive new 37 00:01:40,640 --> 00:01:43,120 Speaker 2: contract on billboards for their outdoor arms, so a large 38 00:01:43,160 --> 00:01:45,160 Speaker 2: number of interesting and new things may well happen out 39 00:01:45,160 --> 00:01:48,480 Speaker 2: of that. But their radio department, our debt aside, has 40 00:01:48,640 --> 00:01:51,240 Speaker 2: been successful TV and Z that's a bit of an 41 00:01:51,280 --> 00:01:53,600 Speaker 2: open question, I guess, given their bottom line and need 42 00:01:53,640 --> 00:01:55,760 Speaker 2: to invest shed loads and digital, but their state owned, 43 00:01:55,760 --> 00:01:57,480 Speaker 2: so they're not going to sink. So is that it? 44 00:01:57,920 --> 00:02:02,320 Speaker 2: I mean roughly sort of TV, locally owned magazines bubbling away, 45 00:02:02,400 --> 00:02:04,960 Speaker 2: locally owned radio, the media that keeps on keeping on 46 00:02:05,000 --> 00:02:09,880 Speaker 2: making money highly competitive. Have we finally faced the enemy, 47 00:02:09,960 --> 00:02:13,160 Speaker 2: taken the casualty count and cleared the runway? Can we 48 00:02:13,680 --> 00:02:16,880 Speaker 2: peer through the haze and smoke and see a future? 49 00:02:17,360 --> 00:02:21,600 Speaker 2: Is the worst now behind us? Fingers crossed. 50 00:02:23,120 --> 00:02:25,480 Speaker 3: News of the world in ninety seconds. 51 00:02:25,520 --> 00:02:28,400 Speaker 2: Who doesn't love a yellow chair? To AAASO straight to 52 00:02:28,440 --> 00:02:30,960 Speaker 2: the White House. We're today's guest is a mister Marcos 53 00:02:31,000 --> 00:02:33,680 Speaker 2: of the Philippines. Not that his host was interested in 54 00:02:33,680 --> 00:02:35,519 Speaker 2: the Philippines or he had other fish to fry. 55 00:02:35,600 --> 00:02:38,200 Speaker 4: It's the greatest job. You show up one day, a 56 00:02:38,240 --> 00:02:40,200 Speaker 4: half a day, you make a little speech. Your economy 57 00:02:40,280 --> 00:02:42,040 Speaker 4: is doing well. The economy is not doing well. 58 00:02:42,080 --> 00:02:42,919 Speaker 5: We're going to raise in it. 59 00:02:43,639 --> 00:02:45,280 Speaker 4: And he's got it wrong. That's why I call him 60 00:02:45,280 --> 00:02:49,600 Speaker 4: too late, too too late, and it's really too bad. 61 00:02:50,120 --> 00:02:53,000 Speaker 2: His friend Scott was also that he's referring to power. 62 00:02:53,080 --> 00:02:55,200 Speaker 2: Of course, his friend Scott was also there. He was 63 00:02:55,240 --> 00:02:57,160 Speaker 2: on a couch, not a yellow chair. He too, was 64 00:02:57,360 --> 00:02:58,560 Speaker 2: not interested in the Philippines. 65 00:02:58,639 --> 00:03:01,280 Speaker 6: Fat has had big mission creed and that's where a 66 00:03:01,320 --> 00:03:04,280 Speaker 6: lot of the spending is going. That's where why they're 67 00:03:04,560 --> 00:03:08,000 Speaker 6: building these new or refurbishing these buildings. And I think 68 00:03:08,040 --> 00:03:10,519 Speaker 6: they got to stay in their way. They should be 69 00:03:10,560 --> 00:03:11,520 Speaker 6: cutting raps now. 70 00:03:11,800 --> 00:03:14,920 Speaker 2: Now. Meantime, mister Marcus, who was looking on the news, 71 00:03:15,000 --> 00:03:17,240 Speaker 2: did get his chance to speak when somebody wondered whether 72 00:03:17,280 --> 00:03:20,040 Speaker 2: the Chinese motlight might not like the idea he'd roped 73 00:03:20,080 --> 00:03:20,720 Speaker 2: up to Washington. 74 00:03:20,760 --> 00:03:23,600 Speaker 7: But there is still need in a sense to balance 75 00:03:23,639 --> 00:03:28,799 Speaker 7: to you, as you characterize us, to balance our relationship 76 00:03:28,800 --> 00:03:32,000 Speaker 7: with the United States in China, simply because our foreign 77 00:03:32,040 --> 00:03:33,800 Speaker 7: policy is an independent one. 78 00:03:34,040 --> 00:03:35,960 Speaker 2: I think to the Middle East, where global impatients is 79 00:03:36,000 --> 00:03:37,440 Speaker 2: turning to global exasperation. 80 00:03:38,040 --> 00:03:40,560 Speaker 8: Now we are seeing the last guess of a humanitarian 81 00:03:40,600 --> 00:03:45,520 Speaker 8: system built on humanitarian principles. This system is being denied 82 00:03:45,560 --> 00:03:50,360 Speaker 8: the conditions to function, denied the space to deliver, deny 83 00:03:50,480 --> 00:03:51,840 Speaker 8: the safety to save life. 84 00:03:52,120 --> 00:03:54,200 Speaker 2: Now, this woman is the lawyer for a doctor who's 85 00:03:54,240 --> 00:03:55,440 Speaker 2: detained by the Israelis. 86 00:03:55,560 --> 00:03:59,560 Speaker 9: Their clothes aren't replaced, not even underwear. Skapis is rampant. 87 00:03:59,680 --> 00:04:03,080 Speaker 9: Skin diseases are widespread, and the most basic medical attention 88 00:04:03,480 --> 00:04:05,520 Speaker 9: is only given when they see you're on the verge 89 00:04:05,560 --> 00:04:05,960 Speaker 9: of death. 90 00:04:06,280 --> 00:04:08,280 Speaker 2: Backstage side, let me introduce you to Eric. 91 00:04:08,760 --> 00:04:08,960 Speaker 10: Now. 92 00:04:09,080 --> 00:04:11,240 Speaker 2: Eric's building a town. He's the leader of the group 93 00:04:11,480 --> 00:04:12,520 Speaker 2: returned to the land. 94 00:04:13,440 --> 00:04:16,960 Speaker 11: What we've done here is establish a place where we 95 00:04:17,000 --> 00:04:21,440 Speaker 11: have control over who our neighbors are, and that is 96 00:04:21,480 --> 00:04:24,359 Speaker 11: just for the sake of preserving you know, our culture, 97 00:04:24,839 --> 00:04:29,320 Speaker 11: white American culture. Yeah, not just white, but white American. 98 00:04:29,839 --> 00:04:32,640 Speaker 2: Yeah. By the way, just before we in News of 99 00:04:32,680 --> 00:04:37,160 Speaker 2: the World, just in Ossie Osbourne has passed away. It 100 00:04:37,240 --> 00:04:39,640 Speaker 2: was only on stage. What was it last week? He 101 00:04:39,760 --> 00:04:42,000 Speaker 2: was in a chair that he was on stage and 102 00:04:42,080 --> 00:04:45,360 Speaker 2: that is News of the World in nineteen. By the way, 103 00:04:45,839 --> 00:04:49,920 Speaker 2: the August one deadline for tariffs the hard deadline, Lutinix 104 00:04:49,920 --> 00:04:54,520 Speaker 2: said yesterday August one hard deadline. Well, this morning Scott 105 00:04:54,560 --> 00:04:57,320 Speaker 2: Besson said, well, they're likely to hash out an extension 106 00:04:57,440 --> 00:05:01,119 Speaker 2: for Triina, so that's a hard deadline. Twelve pass six. 107 00:05:03,120 --> 00:05:07,960 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered 108 00:05:08,000 --> 00:05:09,000 Speaker 1: by News Talk Zippy. 109 00:05:11,080 --> 00:05:14,280 Speaker 2: This Epstein thing will not go away. The DOJ is 110 00:05:14,320 --> 00:05:19,040 Speaker 2: reaching out to Gallaine Maxwell in jail. Justice demands courage. 111 00:05:19,520 --> 00:05:21,760 Speaker 2: For the first time, the Department of Justice is reaching 112 00:05:21,760 --> 00:05:26,359 Speaker 2: out to Gallaine Maxwell to ask, what do you know? Johnson, 113 00:05:26,480 --> 00:05:29,160 Speaker 2: Mike House Speaker, he didn't want to know anything because 114 00:05:29,200 --> 00:05:31,480 Speaker 2: he's he's closed the House of Reps early that we're 115 00:05:31,560 --> 00:05:33,440 Speaker 2: going on an August break, but he's decided that can 116 00:05:33,480 --> 00:05:35,719 Speaker 2: be a July and August break because if he kept 117 00:05:35,720 --> 00:05:38,600 Speaker 2: the house open, the Democrats want a few votes on Epstein. 118 00:05:38,640 --> 00:05:44,200 Speaker 2: He's not interested in that fifteen pass six short from 119 00:05:44,240 --> 00:05:47,440 Speaker 2: devon his management. Greg Smith, good morning to you. Good 120 00:05:47,480 --> 00:05:49,480 Speaker 2: morning Mike. Is that Coca cola going to taste so 121 00:05:49,560 --> 00:05:51,359 Speaker 2: much different with cane sugar in it? You reckon? 122 00:05:51,880 --> 00:05:54,000 Speaker 12: Oh, absolutely, isn't it. And that's the sort of the 123 00:05:54,000 --> 00:05:57,760 Speaker 12: big announcement aside from the results. So obviously Trump previewed 124 00:05:57,760 --> 00:06:01,120 Speaker 12: it last week and that he is effectively put some 125 00:06:01,120 --> 00:06:03,400 Speaker 12: pressure on them to change their recipe, and appears they 126 00:06:03,400 --> 00:06:04,960 Speaker 12: are going to do that. So they're going to sweepen 127 00:06:04,960 --> 00:06:09,200 Speaker 12: their coke with real cane sugar as opposed to the 128 00:06:09,320 --> 00:06:13,040 Speaker 12: high fixtors syrup, which I've used since the nineteen eighties, 129 00:06:13,040 --> 00:06:16,000 Speaker 12: but mainly due to lwer costs. But obviously you've had 130 00:06:16,240 --> 00:06:20,000 Speaker 12: Robert F. Kenlley's talked about the health concerns or health 131 00:06:20,080 --> 00:06:24,240 Speaker 12: risks of using the syrup experts, so there's no clear 132 00:06:24,320 --> 00:06:29,440 Speaker 12: nutritional differences or other experts do. Meanwhile, Trump reckons the 133 00:06:29,560 --> 00:06:32,880 Speaker 12: version with real cane sugar tastes a lot better, and 134 00:06:32,920 --> 00:06:35,680 Speaker 12: it's known as actually Mexican coke in the US. He 135 00:06:35,720 --> 00:06:37,920 Speaker 12: actually consumes around twelve cokes, so I suppose as many 136 00:06:37,920 --> 00:06:41,120 Speaker 12: were known, just redons that tastes better. So yeah, maybe 137 00:06:41,120 --> 00:06:43,800 Speaker 12: the White House might argue that making America healthier game 138 00:06:43,839 --> 00:06:47,040 Speaker 12: has taken another step, setting on point that Americans will 139 00:06:47,040 --> 00:06:48,760 Speaker 12: be getting the real thing as it relates to the 140 00:06:48,800 --> 00:06:52,040 Speaker 12: sweetness and coke. But yeah, as to the results, she's 141 00:06:52,080 --> 00:06:54,520 Speaker 12: actually a little bit low. But the earnings and revenues 142 00:06:54,560 --> 00:06:56,760 Speaker 12: actually beat, but there are some mixed elements and net 143 00:06:56,839 --> 00:07:00,800 Speaker 12: sales at one percent twelve point five billion. That was 144 00:07:00,880 --> 00:07:03,920 Speaker 12: up fifty eight percent three point eight billion, But if 145 00:07:03,960 --> 00:07:06,720 Speaker 12: you look at volumes they fell one percent, so North America, 146 00:07:06,839 --> 00:07:10,000 Speaker 12: Latin America, Asia though a week, and the only division 147 00:07:10,040 --> 00:07:11,960 Speaker 12: that was strong was Europe, Middle East and Africa, so 148 00:07:12,000 --> 00:07:14,440 Speaker 12: that was up three percent. So you could say that 149 00:07:14,480 --> 00:07:17,480 Speaker 12: economic uncertainly is actually weighing on consumer demand. 150 00:07:17,520 --> 00:07:18,400 Speaker 3: At least of coc. 151 00:07:18,320 --> 00:07:21,440 Speaker 12: Mets actually has been pretty resilient up until now. But 152 00:07:21,480 --> 00:07:25,200 Speaker 12: what is helping like is prices. These were as six percent. 153 00:07:25,520 --> 00:07:29,040 Speaker 12: There's also another bright spot coke zero sugar volumes there 154 00:07:29,120 --> 00:07:32,120 Speaker 12: up fourteen percent, So we're trying to get healthy in 155 00:07:32,160 --> 00:07:35,000 Speaker 12: terms as it relates to coke consumption. It seems that 156 00:07:35,120 --> 00:07:37,560 Speaker 12: being about the full year they reckon, revenues are going 157 00:07:37,600 --> 00:07:41,040 Speaker 12: to be five to six percent high earnings by three percent. 158 00:07:41,080 --> 00:07:43,640 Speaker 12: That's the top of the arrange. A lot of focus 159 00:07:43,680 --> 00:07:44,880 Speaker 12: was on that changing of the. 160 00:07:44,840 --> 00:07:47,880 Speaker 2: Recipe, okay, and then we come to Tibet in the dam. 161 00:07:47,960 --> 00:07:49,120 Speaker 2: How big is it? Is it beautiful? 162 00:07:49,200 --> 00:07:51,640 Speaker 12: Is a fantastic Hey, what's going to be the biggest 163 00:07:51,760 --> 00:07:56,120 Speaker 12: in the world. The Chinese premiere described as the project 164 00:07:56,280 --> 00:07:59,880 Speaker 12: of the century. So construction has actually begun on this 165 00:08:00,160 --> 00:08:04,080 Speaker 12: one hundred and sixty seven billion hydro power project in Tibet. 166 00:08:04,760 --> 00:08:06,520 Speaker 12: It's really got the mining sector go and it's going 167 00:08:06,600 --> 00:08:10,400 Speaker 12: to require lots of construction materials. Set to be completed 168 00:08:10,680 --> 00:08:13,560 Speaker 12: in the early twenty thirties, so seven years of work 169 00:08:13,600 --> 00:08:15,440 Speaker 12: size seven years and Tibit. I suppose you could stay 170 00:08:16,080 --> 00:08:18,240 Speaker 12: good use of the Chinese economy. It's going to potentialate 171 00:08:18,320 --> 00:08:20,880 Speaker 12: around point one percent to GDP for the decade. But 172 00:08:20,880 --> 00:08:23,000 Speaker 12: it's all about the materials, Mike, it's going to consume. 173 00:08:23,080 --> 00:08:26,880 Speaker 12: So let's let's go through six million metric tons of cement, 174 00:08:27,120 --> 00:08:31,400 Speaker 12: eight hundred thousand tons of steel, seventy thousand tons of copper, 175 00:08:31,400 --> 00:08:33,959 Speaker 12: and I ran about the same aluminium. So yeah, that's 176 00:08:33,960 --> 00:08:36,360 Speaker 12: why the miners are going. In terms of the power capacity, 177 00:08:36,400 --> 00:08:39,880 Speaker 12: we're looking at three hundred billion killer what hours of 178 00:08:39,920 --> 00:08:44,720 Speaker 12: electricity annually. They've got this river tumble sort two kilometers 179 00:08:44,760 --> 00:08:47,959 Speaker 12: in one part, so huge hydro power potential. So the 180 00:08:48,080 --> 00:08:52,560 Speaker 12: damn capacity that could power sixty medium sized cities, or 181 00:08:52,600 --> 00:08:56,240 Speaker 12: to put in perspective, that's the total electricity consumed. 182 00:08:55,800 --> 00:08:56,720 Speaker 3: By Britain last year. 183 00:08:56,800 --> 00:08:59,319 Speaker 12: So all part of the strategy to expand renewable energy 184 00:08:59,320 --> 00:09:03,480 Speaker 12: reduced car missions. Of course, has raised some environmental concerns, 185 00:09:03,520 --> 00:09:07,199 Speaker 12: particularly among downstream nations like India and Bangladesh. But yeah, 186 00:09:07,280 --> 00:09:09,600 Speaker 12: markets did like the implications. All the big miners rose 187 00:09:09,679 --> 00:09:11,080 Speaker 12: for the second day running. 188 00:09:11,360 --> 00:09:15,280 Speaker 2: Surplus New Zealand trade boom. 189 00:09:15,160 --> 00:09:17,120 Speaker 12: Boom, here we go. Although hey it is it is 190 00:09:17,120 --> 00:09:19,000 Speaker 12: a narrowing a bit. So the June surplus one hundred 191 00:09:19,040 --> 00:09:22,160 Speaker 12: and forty two mil that was down from five to 192 00:09:22,200 --> 00:09:25,439 Speaker 12: semis mill last year and also lower than the surpases 193 00:09:25,559 --> 00:09:28,280 Speaker 12: of a billion plus in April May. But it is 194 00:09:28,360 --> 00:09:32,120 Speaker 12: the fifth concept monthly surplus, so that's the first time 195 00:09:32,520 --> 00:09:35,080 Speaker 12: since the pandemic that this has happened. So exports going 196 00:09:35,120 --> 00:09:39,320 Speaker 12: well up six point six bill, no surprise, dominated by 197 00:09:39,440 --> 00:09:42,559 Speaker 12: dairy so milk, butter, milk, powder, butter, and cheese that 198 00:09:42,679 --> 00:09:44,680 Speaker 12: was up twenty two percent to one point eight billion. 199 00:09:44,880 --> 00:09:47,439 Speaker 12: But food exports going even strong and so twenty five 200 00:09:47,480 --> 00:09:51,200 Speaker 12: percent higher. Log exports also rose twenty five percent. We 201 00:09:51,320 --> 00:09:54,800 Speaker 12: talked China, they're still our biggest customer by far exports 202 00:09:54,840 --> 00:09:57,480 Speaker 12: they are up twelve percent. But interesting thing I guess 203 00:09:57,480 --> 00:10:01,920 Speaker 12: from the Trump tariff war, Ozzie is now our second 204 00:10:02,000 --> 00:10:06,000 Speaker 12: largest customer. So exports are up sixteen percent, Europe thirty 205 00:10:06,040 --> 00:10:09,840 Speaker 12: eight percent high, whereas the US was down nine percent. 206 00:10:09,880 --> 00:10:13,480 Speaker 12: And you talk about sort of beef that's been fallen 207 00:10:13,520 --> 00:10:16,200 Speaker 12: as well. Meat exports to the US down two hundred 208 00:10:16,200 --> 00:10:18,000 Speaker 12: million to eight hundred and forty miles, so certainly having 209 00:10:18,000 --> 00:10:20,679 Speaker 12: an impact on the tariff side. Good imports they were 210 00:10:20,760 --> 00:10:23,360 Speaker 12: up by nineteen percent six and a half billion. Lots 211 00:10:23,360 --> 00:10:26,560 Speaker 12: of stuff being consumed from South Korea trying the US 212 00:10:26,679 --> 00:10:29,760 Speaker 12: petrols down vehicles that was up thirteen percent. 213 00:10:29,800 --> 00:10:30,520 Speaker 3: I thought that was interesting. 214 00:10:30,559 --> 00:10:33,439 Speaker 12: Here if you look at the annual vehicle stats, the 215 00:10:33,520 --> 00:10:37,360 Speaker 12: actually fell twenty three percent four point nine bill. EV's 216 00:10:37,760 --> 00:10:42,480 Speaker 12: down to fifty seven percent, hybrid plug ins down thirty 217 00:10:42,640 --> 00:10:45,880 Speaker 12: eight percent. Obviously the subsidies are gone, that EV demand 218 00:10:46,000 --> 00:10:48,120 Speaker 12: is just not there, at least for pure evs, So 219 00:10:48,200 --> 00:10:51,360 Speaker 12: hybrid electrics are still doing well, up around about four percent. 220 00:10:51,440 --> 00:10:54,240 Speaker 12: But yeah, certainly interesting move there. You look at the 221 00:10:54,240 --> 00:10:57,040 Speaker 12: commercial side, truck, van and utes, they were down seventeen percent. 222 00:10:57,160 --> 00:11:00,240 Speaker 12: Just one thing on scooters East scooters E byte it's 223 00:11:00,240 --> 00:11:02,760 Speaker 12: gonna be going a without of fashion. So imports here 224 00:11:02,840 --> 00:11:05,880 Speaker 12: down twenty three percent. But your good old old fashioned 225 00:11:05,880 --> 00:11:09,280 Speaker 12: bikes maybe some relay twenties, and they're up fourteen percent 226 00:11:09,320 --> 00:11:10,680 Speaker 12: to fifty three million. 227 00:11:10,960 --> 00:11:11,800 Speaker 2: We've seen one. 228 00:11:11,800 --> 00:11:14,880 Speaker 12: Hundred and seventy thousand bikes chipped in, so maybe we're 229 00:11:14,920 --> 00:11:16,280 Speaker 12: also trying to get healthy and use all of those 230 00:11:16,280 --> 00:11:19,400 Speaker 12: cycle alone. So anyway, the trade situation that appears to 231 00:11:19,440 --> 00:11:21,840 Speaker 12: be getting into better shape, and over all the trade 232 00:11:21,840 --> 00:11:24,800 Speaker 12: decent for the quarter seven h nine MILI four point 233 00:11:24,800 --> 00:11:27,240 Speaker 12: four bill for the year but this is now in 234 00:11:27,360 --> 00:11:29,120 Speaker 12: less than half of what it was in the June 235 00:11:29,120 --> 00:11:31,880 Speaker 12: twenty twenty four year when we were important. 236 00:11:31,480 --> 00:11:32,319 Speaker 3: Goods like crazy. 237 00:11:32,800 --> 00:11:35,920 Speaker 2: Give me the other numbers, yes, So what have we got? 238 00:11:35,960 --> 00:11:38,079 Speaker 12: They've got the down up point two percent forty four 239 00:11:38,080 --> 00:11:40,000 Speaker 12: to four to two five. We've got the S and 240 00:11:40,040 --> 00:11:42,560 Speaker 12: P five hundred flat six threes er O five, got 241 00:11:42,600 --> 00:11:45,920 Speaker 12: the Nazdak down point four percent twenty eight nine nine. 242 00:11:45,920 --> 00:11:48,559 Speaker 12: We got the Footzy one hundred that's up point one 243 00:11:48,640 --> 00:11:52,320 Speaker 12: percent nine two three, Nickey down point one percent, a 244 00:11:52,400 --> 00:11:55,240 Speaker 12: SX two hundred up point one percent, ms X fifty 245 00:11:55,240 --> 00:11:57,440 Speaker 12: down one percent twelve eighty three three. But of course 246 00:11:57,480 --> 00:12:00,800 Speaker 12: sky TV featured four point seven percent on the Discovery 247 00:12:00,840 --> 00:12:03,720 Speaker 12: one dollar deal. Gold up thirty two dollars three four 248 00:12:03,720 --> 00:12:06,400 Speaker 12: to two eight, a ounce oil down a dollar sixty 249 00:12:06,400 --> 00:12:09,240 Speaker 12: six spot nineteen. And the currencies are where sixty even 250 00:12:09,280 --> 00:12:11,960 Speaker 12: against the US up half percent ninety one point six 251 00:12:11,960 --> 00:12:14,839 Speaker 12: against Australian dollars that's up slightly. Also up slightly against 252 00:12:14,840 --> 00:12:18,480 Speaker 12: the British pound forty four point four Japanese year and 253 00:12:18,640 --> 00:12:20,400 Speaker 12: down slightly eighty seven point nine. 254 00:12:20,600 --> 00:12:22,320 Speaker 2: Have a good one mate, catch up tomorrow. Greg Smith, 255 00:12:22,320 --> 00:12:27,559 Speaker 2: Debon Fund's management fund Basking Magnets. China exported thirty one 256 00:12:27,600 --> 00:12:30,400 Speaker 2: hundred and eighty eight tons of rare Earth permanent magnets 257 00:12:30,520 --> 00:12:33,680 Speaker 2: last month, which is one hundred and sixty percent up 258 00:12:33,720 --> 00:12:37,400 Speaker 2: on the month before. And who bought them. America their 259 00:12:37,440 --> 00:12:42,040 Speaker 2: importation went up six hundred and sixty percent, second biggest producer, 260 00:12:42,280 --> 00:12:45,240 Speaker 2: second biggest buyer in the world, only behind Germany. And 261 00:12:45,320 --> 00:12:49,480 Speaker 2: of course China holds the rare earth market by the 262 00:12:49,520 --> 00:12:52,439 Speaker 2: throat at ninety percent of the global supply. Six twenty 263 00:12:52,440 --> 00:12:55,559 Speaker 2: two of Newstalk zb come the Baby Limited Value Our. 264 00:12:55,600 --> 00:13:02,680 Speaker 1: House the like Hosking Breakfast Full Show podcast on iHeartRadio 265 00:13:02,920 --> 00:13:03,920 Speaker 1: now ad by News. 266 00:13:03,720 --> 00:13:04,240 Speaker 10: Talks at Me. 267 00:13:05,480 --> 00:13:07,880 Speaker 2: As you probably heard, Ed Sharan's announced the touries coming 268 00:13:07,880 --> 00:13:09,400 Speaker 2: here next year, so I thought, I know we'll get 269 00:13:09,520 --> 00:13:11,840 Speaker 2: ed back on the program. Ed Sheeran with us tomorrow 270 00:13:12,000 --> 00:13:14,559 Speaker 2: after eight o'clock in the mic, Asking Breakfast six twenty five. 271 00:13:14,960 --> 00:13:19,239 Speaker 1: Trending now with Chemist Wells keeping Kiwi's Healthy. 272 00:13:19,120 --> 00:13:21,679 Speaker 2: All year roun time music related Ozzy Osbourne. As I 273 00:13:21,720 --> 00:13:24,559 Speaker 2: mentioned the moment Ago seventy six has passed away. Parkinson's 274 00:13:24,559 --> 00:13:26,240 Speaker 2: of course, for years, had a lot of back and 275 00:13:26,320 --> 00:13:30,080 Speaker 2: neck and surgeries. It is with more sadness than mere 276 00:13:30,120 --> 00:13:32,520 Speaker 2: Woods can convey that we have to report that our 277 00:13:32,559 --> 00:13:35,440 Speaker 2: beloved Ozzy Osborne has passed away this morning. He was 278 00:13:35,480 --> 00:13:39,080 Speaker 2: with his family and surrounded by love that Sharon. We 279 00:13:39,200 --> 00:13:43,080 Speaker 2: last had him on the program in twenty thirteen, and 280 00:13:43,120 --> 00:13:44,079 Speaker 2: you Love your Honey. 281 00:13:44,960 --> 00:13:49,960 Speaker 13: I'm a digital Monoca Klaney from New Zealand. Opened at 282 00:13:50,040 --> 00:13:56,360 Speaker 13: number sixteen culture or something, but really interested when I 283 00:13:56,440 --> 00:13:59,800 Speaker 13: come there, if it's not too far's the way it's 284 00:14:00,520 --> 00:14:03,480 Speaker 13: or a beehive thing. 285 00:14:04,040 --> 00:14:04,880 Speaker 2: How did you get into it? 286 00:14:05,280 --> 00:14:10,120 Speaker 13: Well, I was in a supermarket and was reading the 287 00:14:10,200 --> 00:14:16,800 Speaker 13: thing in the newspaper about honey, you know, right, a 288 00:14:16,840 --> 00:14:20,000 Speaker 13: lot of treatily stuff. It's it's not really pure honey 289 00:14:20,440 --> 00:14:23,960 Speaker 13: in the respect that he's got like my it makes 290 00:14:24,080 --> 00:14:26,480 Speaker 13: me sugar and you know, stretch it for But this 291 00:14:26,640 --> 00:14:29,720 Speaker 13: honey is pure honey, and it's so good. I think 292 00:14:29,760 --> 00:14:32,400 Speaker 13: it makes me feel so much better in my It's 293 00:14:32,440 --> 00:14:34,480 Speaker 13: good for a body, you know. I was speaking my 294 00:14:34,560 --> 00:14:36,800 Speaker 13: vocal cords. Okay, it's wonderful. 295 00:14:38,440 --> 00:14:40,880 Speaker 2: Seventh of this month was when he was last on stage, 296 00:14:41,320 --> 00:14:44,680 Speaker 2: So just a couple of weeks ago. Ozzy Osbourne, age 297 00:14:44,720 --> 00:14:48,200 Speaker 2: seventy six, ed Sheeran. As I mentioned on the program, tomorrow, 298 00:14:48,240 --> 00:14:51,800 Speaker 2: I will be asking him about cold Play and Jumbo John. 299 00:14:51,840 --> 00:14:53,440 Speaker 2: It'll be interesting to see what he's got to say 300 00:14:53,440 --> 00:14:55,480 Speaker 2: about that. He's with us after eight o'clock tomorrow morning, 301 00:14:55,560 --> 00:14:57,080 Speaker 2: Meantime News. 302 00:14:57,160 --> 00:15:08,640 Speaker 1: Next the News and the news makers, the mic asking 303 00:15:08,720 --> 00:15:12,760 Speaker 1: Breakfast with the land Rover, Discovery never Stop Discovering News, 304 00:15:12,800 --> 00:15:13,880 Speaker 1: togsdadv Mike. 305 00:15:13,760 --> 00:15:16,240 Speaker 2: What did Joe Winston Peter's policy on foreign buyer's plan 306 00:15:16,480 --> 00:15:19,040 Speaker 2: is what's taking him so down long? Very good question. 307 00:15:19,400 --> 00:15:22,440 Speaker 2: Does he want businesses to live in a letterbox? Not Tara? 308 00:15:23,000 --> 00:15:24,760 Speaker 2: The story that the Herald of running this morning isn't 309 00:15:24,760 --> 00:15:27,040 Speaker 2: really a story. I don't know why they're excited about it. 310 00:15:27,200 --> 00:15:29,320 Speaker 2: He was on this program two months ago said exactly 311 00:15:29,400 --> 00:15:33,520 Speaker 2: the same thing. He accepts now. I believe because the 312 00:15:33,600 --> 00:15:37,680 Speaker 2: evidence is overwhelming that the business of having people come 313 00:15:37,760 --> 00:15:40,160 Speaker 2: to the country and invest in the country to the 314 00:15:40,240 --> 00:15:43,760 Speaker 2: tune of millions is good and is happening and is 315 00:15:43,800 --> 00:15:47,200 Speaker 2: happening in numbers, and therefore they just might like to 316 00:15:47,280 --> 00:15:49,320 Speaker 2: buy a house. And so the National Party went to 317 00:15:49,400 --> 00:15:51,520 Speaker 2: him said, let's make it five you don't like two, 318 00:15:51,920 --> 00:15:55,200 Speaker 2: Let's make it five million. Let's make it six million, Winston, 319 00:15:55,760 --> 00:15:58,080 Speaker 2: but he's dicking them around and they need to sort 320 00:15:58,120 --> 00:16:01,600 Speaker 2: that out quick smart twenty three to seven much Richard 321 00:16:01,680 --> 00:16:04,960 Speaker 2: arm the stateside shortly, ACC meantime back here, got an 322 00:16:05,040 --> 00:16:07,280 Speaker 2: update for you. We're have an accounting change that produces 323 00:16:07,320 --> 00:16:11,400 Speaker 2: ACC's estimated liability by seven billion. Essentially, they're dropping the 324 00:16:11,480 --> 00:16:13,800 Speaker 2: risk margin from twelve percent down to zero, which makes 325 00:16:13,840 --> 00:16:15,800 Speaker 2: the books look better. So what does that actually mean, 326 00:16:15,840 --> 00:16:18,440 Speaker 2: warre enforced, It is, ay an ACC lawyer and researcher, 327 00:16:18,480 --> 00:16:21,560 Speaker 2: and as well 's Warren morning, good morning. This is 328 00:16:21,640 --> 00:16:23,280 Speaker 2: just protection stuff, and is it? I mean, it's stuff 329 00:16:23,320 --> 00:16:25,600 Speaker 2: that may or may not happen, and you adjust some 330 00:16:25,680 --> 00:16:28,600 Speaker 2: numbers around that. I mean, nothing's actually happened apart from attitude. 331 00:16:28,920 --> 00:16:29,520 Speaker 2: Is that correct? 332 00:16:30,240 --> 00:16:32,880 Speaker 14: That's pretty much that. Like in the late nineties, Labor 333 00:16:32,880 --> 00:16:34,720 Speaker 14: and National GOP together and said, look, we're going to 334 00:16:34,760 --> 00:16:37,680 Speaker 14: fully fund ACC. How much money do we need? And 335 00:16:37,760 --> 00:16:39,680 Speaker 14: each year the amount of money that they think they 336 00:16:39,800 --> 00:16:42,720 Speaker 14: needed went up, and just behind that, the amount of 337 00:16:42,760 --> 00:16:44,520 Speaker 14: money that they had went up. So we've been growing 338 00:16:44,560 --> 00:16:49,440 Speaker 14: these a SC funds twenty five years, and in twenty 339 00:16:49,480 --> 00:16:52,040 Speaker 14: twenty three, ACC had forty seven billion in the bank. 340 00:16:52,160 --> 00:16:54,720 Speaker 14: It says it needed fifty one billion to fully fund it, 341 00:16:54,760 --> 00:16:56,720 Speaker 14: so it's about ten percent apart. That's kind of what 342 00:16:56,840 --> 00:16:59,760 Speaker 14: we see that in twenty twenty four they did it 343 00:16:59,840 --> 00:17:01,960 Speaker 14: and they said, look, we've only got forty eight billion 344 00:17:02,040 --> 00:17:03,520 Speaker 14: in the bank, we need sixty billion. 345 00:17:03,640 --> 00:17:04,359 Speaker 10: We've got a problem. 346 00:17:04,520 --> 00:17:08,440 Speaker 14: So they just effectively recalculated what they need. But in 347 00:17:08,520 --> 00:17:10,840 Speaker 14: the meantime they sent the message out that ACC's broke. 348 00:17:11,000 --> 00:17:12,800 Speaker 14: Levies have gone up, people have been starting to be 349 00:17:12,880 --> 00:17:16,600 Speaker 14: thrown off the scheme. But now they've recalculated, they say, okay, 350 00:17:16,680 --> 00:17:19,240 Speaker 14: well we need seven billion less, so back in the 351 00:17:19,320 --> 00:17:22,320 Speaker 14: same territory of sort of tenh cent apart. But in 352 00:17:22,440 --> 00:17:25,760 Speaker 14: the meantime all the levees have gone up and people 353 00:17:25,840 --> 00:17:28,360 Speaker 14: have been picked off, and that sort of now we've 354 00:17:28,359 --> 00:17:31,120 Speaker 14: seeing the message we don't need that much money anymore. 355 00:17:31,160 --> 00:17:34,960 Speaker 14: But in effect there's been no real change. It doesn't 356 00:17:35,040 --> 00:17:37,760 Speaker 14: change how it operates in people's lives. But from a 357 00:17:37,800 --> 00:17:39,600 Speaker 14: political point of view, they all sort of had each 358 00:17:39,600 --> 00:17:41,159 Speaker 14: other on the back and say, haven't with nothing. 359 00:17:41,040 --> 00:17:43,960 Speaker 2: Great exactly that's very well explained. Congratulations on that. Does 360 00:17:44,040 --> 00:17:46,719 Speaker 2: this include the sexual abusis court case stuff where they 361 00:17:46,880 --> 00:17:48,800 Speaker 2: don't seem to know what the number may or may 362 00:17:48,880 --> 00:17:50,440 Speaker 2: not be. We're guessing at that one as well. 363 00:17:51,560 --> 00:17:53,479 Speaker 14: Yeah, so that was part of the thing last year. 364 00:17:54,200 --> 00:17:57,600 Speaker 14: And again going back acc used to pay those claims 365 00:17:58,000 --> 00:17:59,760 Speaker 14: in the late nineties, are like, oh, we'll save a 366 00:17:59,760 --> 00:18:02,680 Speaker 14: whole have a money by not paying those people. And 367 00:18:02,800 --> 00:18:04,880 Speaker 14: then last year they said, oh, we've got to pay 368 00:18:04,920 --> 00:18:08,680 Speaker 14: them again, so that they increased what they said was 369 00:18:08,720 --> 00:18:12,280 Speaker 14: a liability there by three point five billion. But basically 370 00:18:12,440 --> 00:18:14,920 Speaker 14: what's happened is very few of those people have got 371 00:18:15,000 --> 00:18:18,680 Speaker 14: any help. Asus's only paid out something like fifty million 372 00:18:18,760 --> 00:18:21,240 Speaker 14: or one hundred million of that number, and that's because 373 00:18:21,280 --> 00:18:24,680 Speaker 14: the process is so slow. But you've got to know, 374 00:18:25,520 --> 00:18:27,600 Speaker 14: if you put aside the politics and you think of 375 00:18:27,640 --> 00:18:31,120 Speaker 14: the impact of people when all these things change backwards 376 00:18:31,160 --> 00:18:33,920 Speaker 14: and forwards. People who are paying levies in their businesses 377 00:18:34,119 --> 00:18:36,400 Speaker 14: or on fuel, people who are injured are at home. 378 00:18:37,080 --> 00:18:39,800 Speaker 14: The government's saying, oh, we're going to cut there's twenty 379 00:18:39,840 --> 00:18:42,439 Speaker 14: thousand people here and it looks like nothing's wrong with them, 380 00:18:42,720 --> 00:18:44,840 Speaker 14: and we're going to rehabilitate them. But actually what they're 381 00:18:44,920 --> 00:18:48,159 Speaker 14: doing is they're going through one person by person and 382 00:18:48,200 --> 00:18:50,040 Speaker 14: they say, well, you've only got a sprain you should 383 00:18:50,040 --> 00:18:52,280 Speaker 14: bear back at work, and they're ignoring the actual injuries 384 00:18:52,320 --> 00:18:55,320 Speaker 14: that the people have. So it's the same for sexual abuse, 385 00:18:55,359 --> 00:18:57,480 Speaker 14: it's the same for people who are injured by accident, 386 00:18:57,560 --> 00:19:00,520 Speaker 14: it's the same for work injuries. We need a mature 387 00:19:00,600 --> 00:19:03,919 Speaker 14: approach from our political parties so that we can actually 388 00:19:04,000 --> 00:19:06,840 Speaker 14: do the stuff sensibly in the long term without these 389 00:19:06,880 --> 00:19:09,960 Speaker 14: sort of lurching for one way to another which. 390 00:19:09,840 --> 00:19:13,000 Speaker 2: We see constant tinkering. Appreciate it, Warren Well explained Warren Forster, 391 00:19:13,040 --> 00:19:15,040 Speaker 2: who's an a sec lawyer and researcher. And of course 392 00:19:15,040 --> 00:19:17,720 Speaker 2: you've got to remember that the return to surplus, this 393 00:19:17,840 --> 00:19:20,560 Speaker 2: is Nicola willis the return to surplus, which may or 394 00:19:20,600 --> 00:19:23,280 Speaker 2: may not happen in twenty eight twenty nine, is predicated 395 00:19:23,359 --> 00:19:25,640 Speaker 2: on the idea that the acc numbers aren't in there 396 00:19:26,240 --> 00:19:30,359 Speaker 2: because she just decided that well, she decided that if 397 00:19:30,359 --> 00:19:32,360 Speaker 2: they were in there, she wouldn't be returning to surplus. 398 00:19:32,600 --> 00:19:34,720 Speaker 2: So that's how we're being mucked around with Richard Arnold. 399 00:19:34,760 --> 00:19:39,040 Speaker 1: Next nineteen two, The Mic Asking Breakfast Full Show podcast 400 00:19:39,200 --> 00:19:41,560 Speaker 1: on iHeartRadio powered by News. 401 00:19:41,440 --> 00:19:45,640 Speaker 2: Talks a B for thirty five years, The Landrover Discovery, 402 00:19:45,640 --> 00:19:47,760 Speaker 2: the Marty Disco has been the perfect companion, of course, 403 00:19:47,760 --> 00:19:50,440 Speaker 2: for families who refuse to choose between comfort and adventure. 404 00:19:50,480 --> 00:19:53,359 Speaker 2: Most versatile, seven seat luxury suv for your fun loving, 405 00:19:53,400 --> 00:19:56,240 Speaker 2: active families. 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It's got the land Drover legendary 414 00:20:21,119 --> 00:20:24,920 Speaker 2: Landrover off road capability of course, so whether you're loading 415 00:20:24,960 --> 00:20:27,440 Speaker 2: the kayaks, the bikes, the money boots, the family dog, 416 00:20:27,840 --> 00:20:29,639 Speaker 2: it is built for life. Starts at one forty eight 417 00:20:29,760 --> 00:20:32,800 Speaker 2: nine hundred for the Landrover Discovery D two fifty Dynamic 418 00:20:32,960 --> 00:20:37,119 Speaker 2: sc remains the ultimate family adventure vehicle. This is the 419 00:20:37,200 --> 00:20:40,960 Speaker 2: land Drover Discovery you never got discovering with the Disco 420 00:20:41,160 --> 00:20:45,040 Speaker 2: visit your local retailer today asking here's a fun fact. 421 00:20:45,320 --> 00:20:47,520 Speaker 2: I will come back to Echinasio because we had the 422 00:20:48,000 --> 00:20:51,119 Speaker 2: chairman of netball on yesterday telling us how wonderful netball was, 423 00:20:51,200 --> 00:20:53,159 Speaker 2: until I saw Echinasia go well, I'm not going to 424 00:20:53,200 --> 00:20:55,200 Speaker 2: be here next year, and I don't know if there's 425 00:20:55,200 --> 00:20:56,800 Speaker 2: any money in netball, and I don't even know if 426 00:20:56,800 --> 00:21:00,440 Speaker 2: it's a professional sport. Meantime, across the Tasman, he is 427 00:21:00,720 --> 00:21:02,760 Speaker 2: a wake up call for rugby. How bad is rugby? 428 00:21:03,080 --> 00:21:06,120 Speaker 2: Rugby's bad? So the Lions are in town. I raised 429 00:21:06,160 --> 00:21:08,240 Speaker 2: this the other day. I said, do is the Liones 430 00:21:08,280 --> 00:21:09,879 Speaker 2: thing still a thing when you're playing the Wallabies and 431 00:21:09,920 --> 00:21:12,520 Speaker 2: the Wallabies are useless? Anyway? Turns out I might have 432 00:21:12,560 --> 00:21:15,360 Speaker 2: been right on that. So by way of comparison. Third 433 00:21:15,440 --> 00:21:18,160 Speaker 2: state of bo League? How many people watch that on Telly? 434 00:21:18,280 --> 00:21:19,200 Speaker 2: Four point eight million? 435 00:21:19,320 --> 00:21:19,760 Speaker 3: Is that a lot? 436 00:21:19,880 --> 00:21:20,040 Speaker 10: Yes? 437 00:21:20,080 --> 00:21:20,320 Speaker 3: It is? 438 00:21:20,400 --> 00:21:22,760 Speaker 2: Why because league's popular? Four point eight million? How many 439 00:21:22,800 --> 00:21:25,320 Speaker 2: people watch the Lions game the other night? Eight hundred 440 00:21:25,320 --> 00:21:29,040 Speaker 2: and sixty one thousand. Hey, you're not worried about that, 441 00:21:29,720 --> 00:21:30,359 Speaker 2: You're not awake? 442 00:21:30,480 --> 00:21:34,760 Speaker 15: Six forty five International correspondence with ends and eye Insurance, 443 00:21:34,920 --> 00:21:36,920 Speaker 15: Peace of mind for New Zealand business. 444 00:21:36,680 --> 00:21:39,920 Speaker 2: You America, Richard Arland, Good morning morning. Make so the 445 00:21:40,000 --> 00:21:42,560 Speaker 2: House is closing August, Well, it was supposed to be August, 446 00:21:42,600 --> 00:21:43,800 Speaker 2: but the closing a bit early. 447 00:21:44,359 --> 00:21:46,720 Speaker 16: Yeah, you know, nothing for US politicians to be doing 448 00:21:46,760 --> 00:21:50,720 Speaker 16: in Washington, DC apparently so, Yeah, House Speaker Mike Johnson 449 00:21:50,800 --> 00:21:53,359 Speaker 16: is sending him home early for this summer holidays here. 450 00:21:53,440 --> 00:21:56,119 Speaker 16: That means they will avoid any vote on releasing the 451 00:21:56,200 --> 00:21:59,639 Speaker 16: full files over the Jeffrey Epstein pedophilia case. As President 452 00:21:59,680 --> 00:22:03,800 Speaker 16: Trump is still seething, it appears, over the growing megabacklash 453 00:22:03,840 --> 00:22:06,399 Speaker 16: concerning the case. Republican Thomas Massey said he would join 454 00:22:06,480 --> 00:22:08,760 Speaker 16: with Democrats of force a vote on releasing those files 455 00:22:08,840 --> 00:22:11,720 Speaker 16: dealing with the crimes of Epstein, whom Trump one labeled 456 00:22:11,720 --> 00:22:15,000 Speaker 16: a quote unquote terrific person. Trump and Epstein because took 457 00:22:15,040 --> 00:22:17,280 Speaker 16: part in the early nineties in a so called calendar 458 00:22:17,320 --> 00:22:20,679 Speaker 16: girl party for young women hosted at Marrilago. They were 459 00:22:20,760 --> 00:22:25,720 Speaker 16: the only males at the event. It seems Epstein's ex girlfriend, 460 00:22:25,760 --> 00:22:28,680 Speaker 16: Stacy Williams, says Epstein and Trump were quote unquote best 461 00:22:28,720 --> 00:22:31,640 Speaker 16: friends and again quote up to no good. The White 462 00:22:31,680 --> 00:22:34,680 Speaker 16: House denies her accusations, including her claim that she was 463 00:22:34,760 --> 00:22:37,919 Speaker 16: physically abused by Trump. At the White House a short tobago, 464 00:22:38,040 --> 00:22:40,639 Speaker 16: Trump was questioned about the Epstein files once more, and 465 00:22:40,720 --> 00:22:42,960 Speaker 16: about a new move to have a former Trump lawyer 466 00:22:43,440 --> 00:22:46,879 Speaker 16: interview Jelaine Maxwell, the former Epstein associate now serving a 467 00:22:46,960 --> 00:22:50,600 Speaker 16: twenty year jail term. Over all of this Epstein Epstein, 468 00:22:50,760 --> 00:22:53,679 Speaker 16: I don't know anything about any of that, says the president. 469 00:22:54,080 --> 00:22:56,440 Speaker 16: Here's how he responded when he was pressed about this 470 00:22:56,600 --> 00:22:57,560 Speaker 16: Sidney Oval office. 471 00:22:57,760 --> 00:22:59,600 Speaker 4: I don't know about it, but I think it's something 472 00:22:59,640 --> 00:23:01,679 Speaker 4: that would he sounds appropriate to do. 473 00:23:01,800 --> 00:23:05,960 Speaker 17: You general, as your former attorney. 474 00:23:08,680 --> 00:23:11,000 Speaker 4: No, I have no concern that he's very he's a 475 00:23:11,119 --> 00:23:13,000 Speaker 4: very talented person. He's very smart. 476 00:23:13,720 --> 00:23:15,159 Speaker 9: I didn't know that they were going to do it. 477 00:23:15,240 --> 00:23:16,919 Speaker 4: I don't really follow that too much. 478 00:23:17,320 --> 00:23:20,199 Speaker 16: Yeah, don't follow that stuff, says trub who has been 479 00:23:20,280 --> 00:23:22,240 Speaker 16: notably signed for the past couple of days. As the 480 00:23:22,280 --> 00:23:25,359 Speaker 16: White House floods the zone, as they like to put it, 481 00:23:25,800 --> 00:23:28,919 Speaker 16: they called for release of the files, not the Epstein files, 482 00:23:28,920 --> 00:23:31,760 Speaker 16: but the Martin Luther king Or files. And then some 483 00:23:31,880 --> 00:23:34,359 Speaker 16: more files, not the Epstein files, but the Hillary Clinton 484 00:23:34,440 --> 00:23:38,480 Speaker 16: email service files. Then Trump suggested he might intervene over 485 00:23:38,520 --> 00:23:41,840 Speaker 16: the renaming of the Washington Redskins as the Commanders to 486 00:23:41,880 --> 00:23:44,320 Speaker 16: do away with the old racist team name more diversions. 487 00:23:44,520 --> 00:23:46,920 Speaker 16: Speaker Johnson says, the whole issue should be allowed to 488 00:23:47,520 --> 00:23:47,960 Speaker 16: cool down. 489 00:23:48,160 --> 00:23:49,879 Speaker 2: We're not going to play political games with this. 490 00:23:50,000 --> 00:23:52,320 Speaker 3: We've all been very clear and transparent. 491 00:23:53,000 --> 00:23:54,959 Speaker 16: That is not the view of most of the Mega faithful, 492 00:23:55,000 --> 00:23:57,880 Speaker 16: of course. Republican activist Mantrie Taylor Green says, quote, if 493 00:23:58,320 --> 00:24:01,080 Speaker 16: there is no justice and no countability, people are going 494 00:24:01,119 --> 00:24:03,040 Speaker 16: to get sick of it. That's where people largely are 495 00:24:03,240 --> 00:24:07,080 Speaker 16: end quote. Trump also accused former President Obama of treason 496 00:24:07,200 --> 00:24:10,200 Speaker 16: during his overlofs appearance this day, without giving any details. 497 00:24:10,560 --> 00:24:13,000 Speaker 16: Seemed to be referring to a move years ago by 498 00:24:13,040 --> 00:24:17,920 Speaker 16: Obama to okay an inquiry into an intelligence assessment of 499 00:24:17,960 --> 00:24:21,040 Speaker 16: Russia's election interference, and so flooding the zone again, putting 500 00:24:21,080 --> 00:24:23,600 Speaker 16: up so many issues at fuel the mega base in 501 00:24:23,680 --> 00:24:26,080 Speaker 16: hopes that mega supporters of Trump will reached their own, 502 00:24:26,640 --> 00:24:29,680 Speaker 16: well his own stance. Jeffrey Epstein Epstein. 503 00:24:29,320 --> 00:24:32,960 Speaker 2: Who then we come to well related matters. Colbert was 504 00:24:33,040 --> 00:24:33,720 Speaker 2: back for Monday. 505 00:24:34,640 --> 00:24:35,000 Speaker 17: That's right. 506 00:24:35,119 --> 00:24:37,600 Speaker 16: In just about every US television comedian and many others 507 00:24:37,680 --> 00:24:40,000 Speaker 16: turned up on the CBS Late Show set with Stephen 508 00:24:40,040 --> 00:24:42,840 Speaker 16: Colber last night. This was his first show since CBS 509 00:24:42,840 --> 00:24:46,200 Speaker 16: announced they were ending Late Night after decades. They say 510 00:24:46,240 --> 00:24:48,119 Speaker 16: the reason was financial, had nothing to do with the 511 00:24:48,200 --> 00:24:50,960 Speaker 16: way Colbert had been slamming his own network for Agreen 512 00:24:51,000 --> 00:24:53,560 Speaker 16: to pay sixteen million dollars us to Trump to settle 513 00:24:53,840 --> 00:24:57,040 Speaker 16: that lawsuit with the network's legendary sixty minutes news show. 514 00:24:57,080 --> 00:25:00,800 Speaker 16: Trump had sued them, claiming they missile the edited an 515 00:25:00,840 --> 00:25:03,640 Speaker 16: interview with Kamala Harris during the elections. Most analysts say 516 00:25:04,200 --> 00:25:08,080 Speaker 16: they saw the lawsuit as bogus. The CBS parents Paramount 517 00:25:08,160 --> 00:25:10,960 Speaker 16: is in merger talks with sky Dance, and Paramount's boss 518 00:25:11,040 --> 00:25:14,199 Speaker 16: favored the Trump payout in order to overcome Trump administration 519 00:25:14,440 --> 00:25:19,000 Speaker 16: regulatory hurdles. Colbert called the payout a quote big fat bribe. 520 00:25:19,560 --> 00:25:22,920 Speaker 16: That's the backdrop too. Last night, where Colbert, Colbert was 521 00:25:22,960 --> 00:25:24,800 Speaker 16: back in the spotlight saying this. 522 00:25:25,720 --> 00:25:29,240 Speaker 4: I can finally speak unvarnished truth to power and say 523 00:25:29,760 --> 00:25:34,120 Speaker 4: what I really think about Donald Trump, starting right now. 524 00:25:43,560 --> 00:25:44,440 Speaker 2: I don't care for him. 525 00:25:45,520 --> 00:25:49,960 Speaker 16: Comedians Jimmy Kibble, Jimmy Fallon, John Stewart, along with musicians 526 00:25:50,000 --> 00:25:53,600 Speaker 16: in Manuel Miranda and others including Anderson Cooper and he 527 00:25:53,680 --> 00:25:56,320 Speaker 16: Cohen many others did cameos for the show last night, 528 00:25:56,359 --> 00:25:59,480 Speaker 16: which continues till May of next year. Stewart, who used 529 00:25:59,520 --> 00:26:02,159 Speaker 16: to work with on The Daily Show, did a profanity 530 00:26:02,760 --> 00:26:04,919 Speaker 16: ladland rant on his program last night. 531 00:26:05,240 --> 00:26:06,399 Speaker 5: Here is just a little part of. 532 00:26:06,400 --> 00:26:10,040 Speaker 4: That institutions that have chosen not to fight the vengeful 533 00:26:10,080 --> 00:26:13,720 Speaker 4: and vidictive actions of our pubic hair doodling commander and ship. 534 00:26:14,440 --> 00:26:17,800 Speaker 13: This is not the moment to give in. 535 00:26:18,359 --> 00:26:19,240 Speaker 2: I'm not giving in. 536 00:26:19,760 --> 00:26:21,000 Speaker 13: I'm not going anywhere. 537 00:26:23,400 --> 00:26:26,320 Speaker 16: I think there was lots of abusive language. Can't run 538 00:26:26,359 --> 00:26:28,639 Speaker 16: most of it, Mike, but cannot recall anything like this 539 00:26:28,760 --> 00:26:30,880 Speaker 16: on American television in the modern era. 540 00:26:31,080 --> 00:26:33,040 Speaker 2: Right might seen a couple of days Richard arn Stateside. 541 00:26:33,040 --> 00:26:34,960 Speaker 2: And by the way, they booted the Wall Street Journal 542 00:26:35,000 --> 00:26:38,439 Speaker 2: because of the Epstein slash Rupert Murdoch lawsuit. They booted 543 00:26:38,440 --> 00:26:41,080 Speaker 2: the Wall Street Journal off the press pool when it 544 00:26:41,160 --> 00:26:44,359 Speaker 2: comes to the upcoming trip to Scotland for Trump. So 545 00:26:44,680 --> 00:26:46,480 Speaker 2: it was who was the first run account? Who was 546 00:26:46,480 --> 00:26:48,280 Speaker 2: at AP or Ruters? Whoever it was, It's now the 547 00:26:48,359 --> 00:26:49,399 Speaker 2: Wall Street Journal. 548 00:26:49,280 --> 00:26:53,400 Speaker 1: Light away from seven, The Mike Hosking Breakfast with Bailey's 549 00:26:53,440 --> 00:26:55,000 Speaker 1: real estate news talks did be. 550 00:26:55,240 --> 00:26:57,359 Speaker 2: Isn't it bulls and deep deep trouble in this country? Clearly. 551 00:26:57,440 --> 00:26:59,400 Speaker 2: So we had met winnerra on yesterday and they changed 552 00:26:59,400 --> 00:27:01,480 Speaker 2: the rules around overseas players and all that sort of stuff. 553 00:27:01,480 --> 00:27:04,080 Speaker 2: And I asked Matt about and he was busy spooking. 554 00:27:04,200 --> 00:27:05,840 Speaker 2: He's a good bloke and why wouldn't you use the 555 00:27:05,880 --> 00:27:07,360 Speaker 2: chairman of the board. You got to sprink the sport. 556 00:27:07,400 --> 00:27:08,840 Speaker 2: And he says things are good and the crowds are 557 00:27:08,920 --> 00:27:10,119 Speaker 2: up and all that sort of stuff. They don't have 558 00:27:10,200 --> 00:27:13,199 Speaker 2: a broadcast deal anyway. In the afternoonck Andasio comes out 559 00:27:13,240 --> 00:27:14,880 Speaker 2: and goes by the way, next year, I'm not there. 560 00:27:15,680 --> 00:27:17,760 Speaker 18: And this is why it's a bit of a shame 561 00:27:17,800 --> 00:27:20,359 Speaker 18: actually to see nepple in this state, in New Zealand, 562 00:27:20,400 --> 00:27:22,560 Speaker 18: you know, where it's been such a prolific sport for 563 00:27:22,680 --> 00:27:24,720 Speaker 18: such a long time. The only thing we do know 564 00:27:24,840 --> 00:27:26,760 Speaker 18: is we are one hundred percent taking a pay cut 565 00:27:26,760 --> 00:27:29,000 Speaker 18: and we just don't know how much yet. So I'm 566 00:27:29,040 --> 00:27:31,240 Speaker 18: actually just waiting to see if it's a viable employment 567 00:27:31,280 --> 00:27:33,960 Speaker 18: option anymore so, which is kind of the space of 568 00:27:34,000 --> 00:27:35,520 Speaker 18: where we're sitting. And you know, so who knows if 569 00:27:35,560 --> 00:27:37,080 Speaker 18: I'll actually be back out on the court again. 570 00:27:37,320 --> 00:27:40,879 Speaker 2: So who's right, Matt or her? Five minutes away from seven? 571 00:27:41,800 --> 00:27:43,359 Speaker 3: Well, the ins and the outs. 572 00:27:43,680 --> 00:27:47,720 Speaker 1: It's the fizz with business fiber, take your business productivity 573 00:27:47,840 --> 00:27:48,760 Speaker 1: to the next level. 574 00:27:48,840 --> 00:27:51,639 Speaker 2: Now, retail good news confidence found in the retail sexers. 575 00:27:51,680 --> 00:27:53,360 Speaker 2: So we'll get into that. I have more good news. 576 00:27:53,400 --> 00:27:55,480 Speaker 2: How much good news have you got? Mike, got so 577 00:27:55,720 --> 00:27:59,920 Speaker 2: much good news? The next wave of New Zealand workers overall, 578 00:28:00,040 --> 00:28:02,320 Speaker 2: they're confidence in what this country can provide them. How 579 00:28:02,359 --> 00:28:04,400 Speaker 2: good is that to hear? This is from Skills Group. 580 00:28:04,400 --> 00:28:09,440 Speaker 2: They're the country's largest private training establishment. They do specific programs, academic, practical, jobs, 581 00:28:09,480 --> 00:28:11,520 Speaker 2: the whole lot. Anyway, they did a survey. They found 582 00:28:11,520 --> 00:28:16,040 Speaker 2: that sixty three percent feel very or extremely confident about 583 00:28:16,040 --> 00:28:19,400 Speaker 2: their future. Sixty two percent so they expected the qualifications 584 00:28:19,440 --> 00:28:23,360 Speaker 2: to support their career progression. So that's good. The group 585 00:28:23,440 --> 00:28:25,280 Speaker 2: that's lagging behind it it's the old school leader. The 586 00:28:25,320 --> 00:28:27,200 Speaker 2: old school leaders a bit down on themselves at the moment. 587 00:28:27,280 --> 00:28:29,280 Speaker 2: There's too much vaping, I put it down to. Anyway, 588 00:28:29,320 --> 00:28:32,280 Speaker 2: these are the under seventeenth, seventeen or above. The confidence 589 00:28:32,359 --> 00:28:35,000 Speaker 2: rating three point seven out of five when it comes 590 00:28:35,000 --> 00:28:37,840 Speaker 2: to their career all progression. But the under seventeen's the 591 00:28:37,840 --> 00:28:40,160 Speaker 2: school leaders, they're down at two point six out of five. 592 00:28:40,840 --> 00:28:42,560 Speaker 2: Got to stop hanging around at the dry buying the 593 00:28:42,560 --> 00:28:46,680 Speaker 2: Boston bun and the vapes get into life. Remote learners 594 00:28:46,720 --> 00:28:49,640 Speaker 2: that are the most confident. I wonder if that's because 595 00:28:49,680 --> 00:28:53,480 Speaker 2: they don't have to go to assembly. Probably they scored 596 00:28:53,520 --> 00:28:55,320 Speaker 2: four point one out of five. A lot of people 597 00:28:55,440 --> 00:28:57,240 Speaker 2: doing the home learning. I was looking at the stats 598 00:28:57,280 --> 00:28:58,720 Speaker 2: the other day and if I had none that was 599 00:28:58,720 --> 00:29:00,520 Speaker 2: coming up, I would have prepared better. But I can't 600 00:29:00,560 --> 00:29:03,480 Speaker 2: remember the number. But there are a lot of people 601 00:29:03,560 --> 00:29:06,040 Speaker 2: and an increasing number of people doing home learning in 602 00:29:06,160 --> 00:29:09,640 Speaker 2: this country, which is no mean feat. And don't text 603 00:29:09,680 --> 00:29:11,800 Speaker 2: me saying ah, they as there for thirty minutes a 604 00:29:11,880 --> 00:29:13,680 Speaker 2: day and the computer is more to it than that. 605 00:29:14,200 --> 00:29:16,160 Speaker 2: But it does seem to be a thing. Right that 606 00:29:16,280 --> 00:29:18,520 Speaker 2: good news I talked about on the retail will get 607 00:29:18,560 --> 00:29:21,040 Speaker 2: stuck into that and see what's going on. We'll also 608 00:29:21,120 --> 00:29:23,320 Speaker 2: talk to Nathan Guy because he's the chair of the 609 00:29:23,360 --> 00:29:25,600 Speaker 2: meat They've got the big get together in christ You 610 00:29:25,760 --> 00:29:27,600 Speaker 2: at the moment the red meat sector. Now you all 611 00:29:27,680 --> 00:29:30,200 Speaker 2: know about the red meat story. It's a fantastic story. 612 00:29:30,240 --> 00:29:33,960 Speaker 2: I read a report yesterday. America absolutely stuck when it 613 00:29:34,040 --> 00:29:36,520 Speaker 2: comes to local production of red meat. They got a drought, 614 00:29:36,600 --> 00:29:38,440 Speaker 2: they got small herds. They're not going to fix it 615 00:29:38,480 --> 00:29:41,960 Speaker 2: anytime soon. So we're quid's in there. But but, but 616 00:29:42,560 --> 00:29:45,520 Speaker 2: we could be doing so much better if it wasn't 617 00:29:45,560 --> 00:29:49,080 Speaker 2: for those damn pine trees and the subsession with climate change. 618 00:29:49,640 --> 00:29:51,480 Speaker 2: So are they going to do anything about it? There's 619 00:29:51,520 --> 00:29:53,920 Speaker 2: your big question, and that question will be asked after 620 00:29:54,000 --> 00:29:54,360 Speaker 2: the news. 621 00:29:55,040 --> 00:29:58,120 Speaker 1: The only report you need to start your day the 622 00:29:58,360 --> 00:30:02,280 Speaker 1: mic casting Breakfast with Dailey's real estate all together better 623 00:30:02,360 --> 00:30:05,280 Speaker 1: across residential, commercial and rural newth Togs. 624 00:30:05,320 --> 00:30:07,640 Speaker 2: He'd be morning. It is seven past seven. The old 625 00:30:07,720 --> 00:30:09,880 Speaker 2: Trev counterbat is raging this week at the Red Meat 626 00:30:09,920 --> 00:30:12,320 Speaker 2: Sector conference. They've made an extra one point two billion 627 00:30:12,400 --> 00:30:14,560 Speaker 2: this year. Red meats so hot right now, but stock 628 00:30:14,640 --> 00:30:17,080 Speaker 2: levels are a problem. We are, as they say, leaving 629 00:30:17,200 --> 00:30:18,400 Speaker 2: money on the table. 630 00:30:18,520 --> 00:30:19,200 Speaker 3: So what to do? 631 00:30:19,760 --> 00:30:22,760 Speaker 2: Nathan? Guys, the Meat Industry Association Independent chairing is with us. 632 00:30:22,840 --> 00:30:26,160 Speaker 2: Nathan morning to you, Good morning Mite. It is gutting. 633 00:30:26,280 --> 00:30:28,200 Speaker 2: I suppose, isn't it to know that we could have 634 00:30:28,400 --> 00:30:30,160 Speaker 2: made even more money if we wanted to. 635 00:30:31,640 --> 00:30:35,000 Speaker 5: Yes, that's right. We're in really good shape. Returns to 636 00:30:35,120 --> 00:30:38,440 Speaker 5: fantastic for our farmers. They've had a real problematic couple 637 00:30:38,480 --> 00:30:41,000 Speaker 5: of years and they've got to spring in their step. 638 00:30:41,640 --> 00:30:44,800 Speaker 5: Our processes are doing pretty well buy and large. There's 639 00:30:44,800 --> 00:30:47,880 Speaker 5: obviously geopolitical issues and a few headwinds that play with 640 00:30:48,000 --> 00:30:50,920 Speaker 5: tariff and a few other things, but if we did 641 00:30:51,000 --> 00:30:53,600 Speaker 5: add more volume, we would return more money through to 642 00:30:53,800 --> 00:30:56,760 Speaker 5: processes and farmers. Unfortunately, trees have had a bit of 643 00:30:56,800 --> 00:31:00,880 Speaker 5: an impact, and that's just the reality of I guess 644 00:31:01,080 --> 00:31:02,400 Speaker 5: dealing with the numbers that we have. 645 00:31:02,440 --> 00:31:02,800 Speaker 10: To deal with. 646 00:31:03,080 --> 00:31:05,440 Speaker 2: Has anyone managed to square the circle? Because if I'm 647 00:31:05,440 --> 00:31:07,680 Speaker 2: a farmer and somebody offers me more money for my 648 00:31:07,840 --> 00:31:10,240 Speaker 2: farm to plant some trees than they are to sell 649 00:31:10,280 --> 00:31:12,000 Speaker 2: to the family wants to run the cows and the sheep, 650 00:31:12,240 --> 00:31:13,160 Speaker 2: what am I supposed to do? 651 00:31:15,160 --> 00:31:15,320 Speaker 10: Well? 652 00:31:15,400 --> 00:31:17,440 Speaker 5: That is an issue. I guess you sell to who 653 00:31:17,480 --> 00:31:19,760 Speaker 5: you want to. Some farmers have said they didn't want 654 00:31:19,800 --> 00:31:21,960 Speaker 5: to sell to trees. They've wanted to sell to their neighbor. 655 00:31:22,960 --> 00:31:24,880 Speaker 5: Others have sold to the trees. The government have got 656 00:31:24,920 --> 00:31:26,960 Speaker 5: this bill working its way through the Parliament at the 657 00:31:27,000 --> 00:31:30,320 Speaker 5: moment that's going to stop and restrict blanket planting of 658 00:31:30,400 --> 00:31:33,520 Speaker 5: trees on classes one to six. We support that bill. 659 00:31:34,800 --> 00:31:38,040 Speaker 5: The reality is, though there's still opportunities for meat companies 660 00:31:38,120 --> 00:31:41,880 Speaker 5: to make more value out of product. Also, there's another 661 00:31:41,960 --> 00:31:45,040 Speaker 5: stream there that's available to them, and that's bobby calves 662 00:31:45,320 --> 00:31:50,200 Speaker 5: and there's one point nine million of those processed every year. 663 00:31:50,760 --> 00:31:54,360 Speaker 5: If farmers choose to rear some of those stock, and 664 00:31:54,560 --> 00:31:56,880 Speaker 5: the beef value chain as the hell of an advantage 665 00:31:56,880 --> 00:31:57,840 Speaker 5: for the red meat sector. 666 00:31:58,080 --> 00:32:00,440 Speaker 2: That class one to six thing is that to solve 667 00:32:00,480 --> 00:32:03,920 Speaker 2: a problem or has the horse already bolted, It. 668 00:32:04,000 --> 00:32:08,480 Speaker 5: Will solve a problem. But we have lost stock over 669 00:32:08,520 --> 00:32:11,160 Speaker 5: the last three years. Might be in the vicinity of 670 00:32:11,480 --> 00:32:13,040 Speaker 5: IU was trying to do some numbers on the back 671 00:32:13,080 --> 00:32:16,160 Speaker 5: of an ember last night. Maybe a million lambs, maybe 672 00:32:16,200 --> 00:32:19,560 Speaker 5: two hundred thousand beef, four hundred thousand months, and that's 673 00:32:19,640 --> 00:32:23,360 Speaker 5: over three years. If you equate that number to today's prices, 674 00:32:23,400 --> 00:32:25,400 Speaker 5: it might be in the vicinity of a billion dollars 675 00:32:25,480 --> 00:32:30,200 Speaker 5: lost over three years. So it's unfortunate, but I guess 676 00:32:30,240 --> 00:32:32,800 Speaker 5: if we step back and think about the demand, the 677 00:32:32,920 --> 00:32:36,480 Speaker 5: demand is incredibly strong, particularly out of the US. Despite 678 00:32:36,520 --> 00:32:40,600 Speaker 5: the ten percent tariff, UK eu fantastic. Just went up 679 00:32:40,640 --> 00:32:45,000 Speaker 5: to the China market with the PM recently green shoots 680 00:32:45,000 --> 00:32:49,120 Speaker 5: appearing there, so we're in very good shape, very positive outlook. 681 00:32:49,160 --> 00:32:50,360 Speaker 5: It's fantastic, good stuff. 682 00:32:50,440 --> 00:32:52,080 Speaker 2: Nathan. Nice to catch up with you with a good news, 683 00:32:52,120 --> 00:32:55,400 Speaker 2: Nathan Guy. Meat Industry Association Independent Share Cattle herd sizes 684 00:32:55,400 --> 00:32:58,600 Speaker 2: in America lowest levels in seventy four years. This is 685 00:32:58,640 --> 00:33:01,520 Speaker 2: what I was reading yesterday. There is no sign that 686 00:33:01,760 --> 00:33:04,360 Speaker 2: any of that's changing prices through the roof in America, 687 00:33:04,440 --> 00:33:07,440 Speaker 2: so they're all angsty. It's the new egg story, but 688 00:33:07,560 --> 00:33:09,800 Speaker 2: there is no sign that that's changing anywhere. But the 689 00:33:09,880 --> 00:33:12,520 Speaker 2: demand stays the same. They cannot get enough meat for 690 00:33:12,640 --> 00:33:14,800 Speaker 2: burgers and that's where we fit in. So it's good news. 691 00:33:14,880 --> 00:33:17,560 Speaker 2: Ten minutes past seven, passing more the news, I got 692 00:33:17,600 --> 00:33:19,680 Speaker 2: some Here we go from our light at the end 693 00:33:19,680 --> 00:33:21,800 Speaker 2: of the tunnel file. We found renewed confidence in the 694 00:33:21,840 --> 00:33:24,920 Speaker 2: retail sector, if you can believe it. June numbers say 695 00:33:24,960 --> 00:33:26,760 Speaker 2: nearly seventy percent think they're going to make it through 696 00:33:26,800 --> 00:33:28,640 Speaker 2: to next year. That's up from fifty seven, so that's 697 00:33:28,640 --> 00:33:30,920 Speaker 2: a material increase. Carolyn Young is, of course, the retail 698 00:33:30,960 --> 00:33:33,240 Speaker 2: New Zealand chief executive and she's, well, there's Carolyn morning 699 00:33:33,280 --> 00:33:33,400 Speaker 2: to you. 700 00:33:34,520 --> 00:33:35,840 Speaker 19: Good morning, thanks for having me. 701 00:33:36,000 --> 00:33:36,360 Speaker 20: Not at all. 702 00:33:36,440 --> 00:33:38,960 Speaker 2: Sixty two percent missed their sales target. See I always 703 00:33:39,000 --> 00:33:40,960 Speaker 2: think that's weird. If you set your sales target all 704 00:33:41,040 --> 00:33:42,960 Speaker 2: wrong in Wonky, of course you're going to miss it. 705 00:33:42,960 --> 00:33:44,560 Speaker 2: I mean, depends what you set it at it, don't you. 706 00:33:45,960 --> 00:33:49,080 Speaker 19: Well, obviously you're setting yourself target at stock that you're purchasing, 707 00:33:49,720 --> 00:33:53,080 Speaker 19: So you're purchasing stock on the expectation that you'll sell us. 708 00:33:53,120 --> 00:33:55,520 Speaker 19: And of course you're buying stock six or nine months earlier. 709 00:33:56,160 --> 00:33:58,920 Speaker 19: And we had been talking all through twenty twenty four 710 00:33:59,040 --> 00:34:02,440 Speaker 19: about the survive to twenty five. But you know, twenty 711 00:34:02,520 --> 00:34:05,960 Speaker 19: twenty five hasn't quite been as buoyant as Good hoped. So, 712 00:34:06,320 --> 00:34:10,000 Speaker 19: you know, looking ahead, retailers are thinking Christmas is coming, 713 00:34:10,600 --> 00:34:13,799 Speaker 19: you know, boxing day sales, you know the Christmas build up, 714 00:34:14,000 --> 00:34:15,920 Speaker 19: you know that's going to be a positive. I've already 715 00:34:15,960 --> 00:34:18,759 Speaker 19: bought my Christmas in summer stock. I'm starting to look 716 00:34:18,760 --> 00:34:22,840 Speaker 19: at paying for it shortly. Sales will return back at 717 00:34:22,880 --> 00:34:24,600 Speaker 19: that time by the time we get there with you 718 00:34:24,680 --> 00:34:26,000 Speaker 19: know the economic sectors. 719 00:34:25,719 --> 00:34:27,680 Speaker 2: We're looking for, which is my next question. This is 720 00:34:27,719 --> 00:34:29,640 Speaker 2: the critical part the seventy percent. How much of that 721 00:34:29,760 --> 00:34:32,040 Speaker 2: seventy percent is based on all the economists and the 722 00:34:32,080 --> 00:34:34,440 Speaker 2: so called experts saying stand by, stand by, stand by, 723 00:34:34,480 --> 00:34:36,760 Speaker 2: the good news is coming versus the so called reality. 724 00:34:37,080 --> 00:34:40,000 Speaker 2: Might we be wrong and therefore their optimism is delusional. 725 00:34:41,880 --> 00:34:44,080 Speaker 19: Absolutely. Look, I think there's two factors in here. One 726 00:34:44,200 --> 00:34:46,840 Speaker 19: is that you know, all those economic factors the headline 727 00:34:46,920 --> 00:34:49,319 Speaker 19: numbers are. You know, everyone's talking up a good talk 728 00:34:49,360 --> 00:34:51,400 Speaker 19: and we actually have to see as turn around in 729 00:34:51,440 --> 00:34:55,279 Speaker 19: consumer confidence because until consumers see more money and their 730 00:34:55,320 --> 00:34:57,160 Speaker 19: wallet at the end of the week before their payday, 731 00:34:57,680 --> 00:34:59,439 Speaker 19: then they're not going to go out and spend any money. 732 00:35:00,320 --> 00:35:00,360 Speaker 7: No. 733 00:35:01,040 --> 00:35:04,680 Speaker 2: Is it geographic and sectorial in other words, I mean 734 00:35:04,800 --> 00:35:06,719 Speaker 2: some if you can't do well in Queenstown at the moment, 735 00:35:06,760 --> 00:35:09,640 Speaker 2: you're not doing business properly. So is it random depending 736 00:35:09,640 --> 00:35:10,239 Speaker 2: on where you look. 737 00:35:12,040 --> 00:35:15,920 Speaker 19: It is definitely in the provinces and rural areas stronger 738 00:35:16,000 --> 00:35:19,719 Speaker 19: than it is in Auckland and Wellington, for example. So 739 00:35:20,120 --> 00:35:23,319 Speaker 19: you know you're just talking about the rural sector that's 740 00:35:23,520 --> 00:35:26,880 Speaker 19: absolutely applicable here. You know, that is really holding up 741 00:35:27,960 --> 00:35:30,560 Speaker 19: that those funds are going back into those local economies. 742 00:35:31,040 --> 00:35:35,040 Speaker 19: So that's helping more buoyancy in those provincial areas in 743 00:35:35,080 --> 00:35:37,520 Speaker 19: New Zealand compared to the urban areas. 744 00:35:37,680 --> 00:35:39,360 Speaker 2: Good stuff, Carolyn, Always the joy to have you on 745 00:35:39,400 --> 00:35:41,920 Speaker 2: the program, Carolyn Young, Retail New Zealand Chief Executive. Which 746 00:35:41,960 --> 00:35:44,319 Speaker 2: brings us to twelve minutes past seven pask get which 747 00:35:44,400 --> 00:35:46,000 Speaker 2: is this pole out yesterday and this is a very 748 00:35:46,000 --> 00:35:47,759 Speaker 2: good example of what we've just been talking about, the 749 00:35:47,800 --> 00:35:50,320 Speaker 2: tallbot Mills pole. And everyone goes, oh God, it's miserable 750 00:35:50,360 --> 00:35:52,840 Speaker 2: for the government. Fifty one percent believe the country is 751 00:35:52,840 --> 00:35:54,680 Speaker 2: on the wrong track. Why to fifty one percent of 752 00:35:54,719 --> 00:35:56,440 Speaker 2: the people believe the country is on the wrong track. 753 00:35:56,480 --> 00:35:58,440 Speaker 2: The answer is because it is. But it's not the 754 00:35:58,480 --> 00:36:00,759 Speaker 2: government's fault. It's the previous guver it's fault. They're still 755 00:36:00,760 --> 00:36:04,560 Speaker 2: trying to work the mess through. Seventy six percent say 756 00:36:04,640 --> 00:36:07,400 Speaker 2: the economy was not so good or poor. That's because 757 00:36:07,400 --> 00:36:09,840 Speaker 2: it isn't. It's a statement of fact. It's not a 758 00:36:09,880 --> 00:36:12,560 Speaker 2: political statement. It's a statement of fact. Is the economy 759 00:36:12,640 --> 00:36:16,600 Speaker 2: doing well? No, it isn't. Nobody thinks it is so. 760 00:36:16,760 --> 00:36:18,960 Speaker 2: Then the problematic part of the poll is thirty eight 761 00:36:19,000 --> 00:36:21,520 Speaker 2: percent believe they deserve a second term only forty eight 762 00:36:21,560 --> 00:36:25,800 Speaker 2: percent say it's time for quote unquote another party. Who's 763 00:36:25,880 --> 00:36:30,239 Speaker 2: that party? Anyway? More politics? After right thirteen past the. 764 00:36:30,360 --> 00:36:34,719 Speaker 1: High asking Breakfast full Show podcast on iHeartRadio, Howard By 765 00:36:34,800 --> 00:36:35,600 Speaker 1: News talks at b. 766 00:36:36,760 --> 00:36:39,279 Speaker 2: It is sixteen past seven. So what difference will Sky 767 00:36:39,400 --> 00:36:42,120 Speaker 2: TV owning TV three make to our viewing pleasure? Warner 768 00:36:42,160 --> 00:36:44,640 Speaker 2: Brothers Discovery wanted out. Sky had a dollar, so the 769 00:36:44,719 --> 00:36:50,280 Speaker 2: deal was done. Sophie Maloney is the CEO of Sky Television, 770 00:36:50,280 --> 00:36:52,359 Speaker 2: wh happened to be in the building, So we draped 771 00:36:52,400 --> 00:36:53,880 Speaker 2: out of the cafeteria or wherever. 772 00:36:53,920 --> 00:36:54,239 Speaker 6: You were. 773 00:36:54,920 --> 00:36:57,200 Speaker 2: Nice to meet you, and we appreciate, appreciate your time 774 00:36:57,239 --> 00:36:59,000 Speaker 2: very much. A couple of really quick things I didn't 775 00:36:59,000 --> 00:37:01,520 Speaker 2: think were addressed proper yesterday. Where's the comcomon this? 776 00:37:02,600 --> 00:37:05,280 Speaker 21: The conversations with a ComCom we had by the legal 777 00:37:05,360 --> 00:37:08,080 Speaker 21: teams in advance of proceeding with the deal, and they've 778 00:37:08,120 --> 00:37:09,799 Speaker 21: said they don't need to investigate any further. 779 00:37:10,320 --> 00:37:13,160 Speaker 2: And was that predicated on the idea that Discovery said 780 00:37:13,200 --> 00:37:15,920 Speaker 2: we're going to close the shop down anyway, The. 781 00:37:16,040 --> 00:37:20,000 Speaker 21: Discussions there are totally confidential to counsel, but I think 782 00:37:20,040 --> 00:37:22,440 Speaker 21: you can see from Michael Brooks statement yesterday that it 783 00:37:22,520 --> 00:37:25,600 Speaker 21: wasn't commercially viable in the Warner Brothers discovery ecosystem in 784 00:37:25,640 --> 00:37:28,400 Speaker 21: New Zealand. So that did potentially put a bit of 785 00:37:28,440 --> 00:37:31,000 Speaker 21: a lens on it, but I wasn't in those discussions, 786 00:37:31,000 --> 00:37:33,120 Speaker 21: which are kept pretty tight between the legal teams. 787 00:37:33,280 --> 00:37:35,960 Speaker 2: They would have to have believed that argument, because there's 788 00:37:36,000 --> 00:37:38,680 Speaker 2: no question there are fewer players in the market now 789 00:37:38,800 --> 00:37:40,640 Speaker 2: owning the New Zealand media. 790 00:37:40,800 --> 00:37:44,399 Speaker 21: I think part of it is, obviously these are complementary assets. Yes, 791 00:37:44,520 --> 00:37:46,920 Speaker 21: we have sky Open, but where predominantly, as you know, 792 00:37:47,600 --> 00:37:51,400 Speaker 21: a pay provider, whereas Discovery in New Zealand is totally 793 00:37:51,440 --> 00:37:53,759 Speaker 21: free and we don't have a BVOD platform. So this 794 00:37:53,880 --> 00:37:56,440 Speaker 21: is really about complementary assets coming together, which is part 795 00:37:56,480 --> 00:37:58,440 Speaker 21: of the context that I think the ComCom would have 796 00:37:58,480 --> 00:37:58,920 Speaker 21: been looking at. 797 00:37:59,040 --> 00:38:02,160 Speaker 2: How long have you and involved in the very real 798 00:38:02,400 --> 00:38:03,960 Speaker 2: prospect of owning it. 799 00:38:05,640 --> 00:38:09,560 Speaker 21: The conversation sort of started late last year and then 800 00:38:10,520 --> 00:38:14,360 Speaker 21: as we started to look at the opportunity, confluence of 801 00:38:14,440 --> 00:38:17,560 Speaker 21: timing and events. So certainly the last month has been 802 00:38:17,600 --> 00:38:20,520 Speaker 21: incredibly intense. We only got to finalize the deal and 803 00:38:20,560 --> 00:38:23,120 Speaker 21: we announced the next morning, so yeah, it's been a 804 00:38:23,239 --> 00:38:27,080 Speaker 21: very busy time who called who? It's definitely just we're 805 00:38:27,160 --> 00:38:29,480 Speaker 21: in discussions with Warner Brothers all the time about content, 806 00:38:29,680 --> 00:38:32,799 Speaker 21: and I have my counterpart is based up in Singapore. 807 00:38:33,000 --> 00:38:35,160 Speaker 21: He and I have talked about is there something more 808 00:38:35,200 --> 00:38:37,600 Speaker 21: we could do in this market for a number of 809 00:38:37,680 --> 00:38:39,839 Speaker 21: years actually, but this is the timing is right? 810 00:38:40,080 --> 00:38:42,920 Speaker 2: Your comments you say about Television New Zealand. I understand 811 00:38:42,960 --> 00:38:45,480 Speaker 2: your position, But Television New Zealand sports wise now are stuffed, 812 00:38:45,960 --> 00:38:46,319 Speaker 2: aren't they? 813 00:38:46,840 --> 00:38:46,880 Speaker 4: No? 814 00:38:47,040 --> 00:38:47,640 Speaker 21: I don't think so. 815 00:38:47,840 --> 00:38:50,000 Speaker 2: How is it possible that you go to the Rugby Union, 816 00:38:50,040 --> 00:38:52,440 Speaker 2: for example, and go, well, we'll take some of the 817 00:38:52,440 --> 00:38:54,879 Speaker 2: all Blacks and we'll pop it on to TV three. 818 00:38:54,960 --> 00:38:56,560 Speaker 2: Oh hold on, no, we won't. We might sell it 819 00:38:56,600 --> 00:38:57,120 Speaker 2: to CV and Z. 820 00:38:57,320 --> 00:38:57,680 Speaker 10: No, you're not. 821 00:38:58,840 --> 00:39:01,600 Speaker 21: I think that the union is the owner of those rights. 822 00:39:01,640 --> 00:39:04,640 Speaker 21: So ultimately they've got a decision to make about where 823 00:39:04,680 --> 00:39:07,479 Speaker 21: they want to place some of the free toware rights. 824 00:39:07,520 --> 00:39:09,520 Speaker 21: It'll be in good discussion with us. But I still 825 00:39:09,560 --> 00:39:10,320 Speaker 21: think there's a really. 826 00:39:11,520 --> 00:39:14,480 Speaker 2: I'm just I don't want to bag on TV and said, 827 00:39:14,520 --> 00:39:16,200 Speaker 2: but it just means, and this goes back to the 828 00:39:16,280 --> 00:39:21,240 Speaker 2: ComCom thing. You own a tremendous amount of very valuable 829 00:39:21,320 --> 00:39:23,560 Speaker 2: real estate now and you have a control over that. 830 00:39:24,120 --> 00:39:25,920 Speaker 2: And for some that's hard work now, isn't it. 831 00:39:25,920 --> 00:39:28,520 Speaker 21: I mean TV and Z are TVNZ are still the 832 00:39:28,600 --> 00:39:32,359 Speaker 21: juggernaut though in this market sixty five percent advertising revenue share. 833 00:39:32,520 --> 00:39:36,000 Speaker 21: They have an immense audience. You know they are TV 834 00:39:36,120 --> 00:39:38,000 Speaker 21: one is a category of one on that front, so 835 00:39:38,239 --> 00:39:40,200 Speaker 21: I don't think you can discount that. And I think 836 00:39:40,239 --> 00:39:42,879 Speaker 21: where there are codes who have got big freeware obligations, 837 00:39:43,719 --> 00:39:46,359 Speaker 21: my expectation is that TVNZ will be building a very 838 00:39:46,360 --> 00:39:49,520 Speaker 21: good foot forward, particularly if they can fold in an 839 00:39:49,600 --> 00:39:53,120 Speaker 21: ability to enable a pay platform so they could do 840 00:39:53,239 --> 00:39:55,440 Speaker 21: things as events, and I think that's positive. I think 841 00:39:55,480 --> 00:39:59,120 Speaker 21: it's a more positive for the local media market. 842 00:39:59,520 --> 00:39:59,880 Speaker 2: Equally. 843 00:40:00,080 --> 00:40:02,600 Speaker 21: From my perspective, what I'm thrilled about is the opportunity 844 00:40:02,719 --> 00:40:06,320 Speaker 21: to make some awesome Kiwi stories good in partnership. 845 00:40:06,520 --> 00:40:10,040 Speaker 2: The was it worth only a dollar? Would you have 846 00:40:10,120 --> 00:40:11,520 Speaker 2: paid real money for it or not? 847 00:40:12,280 --> 00:40:15,200 Speaker 21: So, as you know, make something's worth a dollar, it 848 00:40:15,280 --> 00:40:18,239 Speaker 21: doesn't mean it's profitable. So you know there are going 849 00:40:18,280 --> 00:40:20,960 Speaker 21: to be Warner Brothers, Discovery will be filing their accounts. 850 00:40:21,000 --> 00:40:24,920 Speaker 21: Ever knows it's been a challenging time. The opportunity we 851 00:40:25,080 --> 00:40:27,879 Speaker 21: have with where the deal is structured is to turn 852 00:40:27,920 --> 00:40:30,719 Speaker 21: it into a profitable business alongside the SKYSS. 853 00:40:31,160 --> 00:40:33,719 Speaker 2: So you believe they can be profitable or does it 854 00:40:33,840 --> 00:40:35,759 Speaker 2: need sky to make it profitable. 855 00:40:35,840 --> 00:40:40,080 Speaker 21: It is a combination of our ability around procuring content 856 00:40:40,160 --> 00:40:43,160 Speaker 21: and particularly in the broadcast infrastructure that actually makes means 857 00:40:43,200 --> 00:40:46,080 Speaker 21: that we're uniquely placed to actually turn this into a 858 00:40:46,160 --> 00:40:46,640 Speaker 21: profitable But. 859 00:40:46,600 --> 00:40:48,600 Speaker 2: The best advice I can offer you is if you 860 00:40:48,719 --> 00:40:54,440 Speaker 2: stick some snooker on TV three. Well, there's an idea. 861 00:40:54,520 --> 00:40:55,840 Speaker 21: Make here is an idea. 862 00:40:55,880 --> 00:40:58,720 Speaker 2: Appreciate your time very much. It is seven to twenty one. 863 00:41:00,600 --> 00:41:05,319 Speaker 1: The Mic Hosking Breakfast Full Show podcast on iHeartRadio power 864 00:41:05,480 --> 00:41:06,520 Speaker 1: by News Talk Sippy. 865 00:41:08,520 --> 00:41:08,680 Speaker 7: Now. 866 00:41:08,840 --> 00:41:10,719 Speaker 2: If you want to celebrate savings, and who doesn't, then 867 00:41:10,800 --> 00:41:13,040 Speaker 2: Chemist's Warehouse are you one stop shot places for you 868 00:41:13,120 --> 00:41:14,719 Speaker 2: to head and stare do it online. If you like 869 00:41:14,800 --> 00:41:17,880 Speaker 2: massive range winter degals and Vitamin's cosmetic skin care fragrances 870 00:41:17,880 --> 00:41:19,440 Speaker 2: and a whole lot more so you got your through 871 00:41:19,480 --> 00:41:21,839 Speaker 2: the face cleanser range that starts at just ten dollars 872 00:41:21,920 --> 00:41:24,719 Speaker 2: and twelve at chemist Warehouse. You can stay fresh with 873 00:41:24,800 --> 00:41:26,879 Speaker 2: the reck Zona whole body deodorant two hundred and thirty 874 00:41:26,880 --> 00:41:29,120 Speaker 2: mils only twenty one ninety nine. You can remove up 875 00:41:29,120 --> 00:41:31,760 Speaker 2: to one hundred percent more plaque than the regular toothbrush 876 00:41:31,840 --> 00:41:35,680 Speaker 2: with the Oral Bio Series two Power Toothbrush Power toothbrush. 877 00:41:36,000 --> 00:41:38,200 Speaker 2: That's just ninety nine ninety nine. You can brighten your 878 00:41:38,239 --> 00:41:41,400 Speaker 2: skin with the Doctor Lewin's Ultra R four Collagen Surge 879 00:41:41,960 --> 00:41:44,600 Speaker 2: thirty grams only forty eight ninety nine. That's from Chemists Warehouse. 880 00:41:44,800 --> 00:41:47,160 Speaker 2: Unbelievable Chemist Warehouse catalog deals they got to win in 881 00:41:47,200 --> 00:41:50,719 Speaker 2: thirteen August. So get to the warehouse and remember, in 882 00:41:50,800 --> 00:41:53,520 Speaker 2: addition to visiting your local chemist Warehouse, you can always 883 00:41:53,640 --> 00:41:56,000 Speaker 2: order online, click and collect if you want. That saves time, 884 00:41:56,360 --> 00:41:58,759 Speaker 2: fast delivery, same day home blurry. Yes, yes they can 885 00:41:58,800 --> 00:42:01,040 Speaker 2: do all that. Decent season chain may apply. So to 886 00:42:01,120 --> 00:42:03,920 Speaker 2: celebrate savings, this went to head on over to Chemist Warehouse. 887 00:42:03,960 --> 00:42:07,960 Speaker 2: Great savings every day. Ask by ten twenty four, how 888 00:42:09,920 --> 00:42:13,640 Speaker 2: what do you reckon happen? You know at the button 889 00:42:13,719 --> 00:42:19,359 Speaker 2: meeting Willison, Hurrel, Nicola and Miles. Is it a meeting 890 00:42:19,480 --> 00:42:21,759 Speaker 2: that took on a hopeless amount of hype or was 891 00:42:21,800 --> 00:42:24,320 Speaker 2: it a sign that at times this government and Willison particular, 892 00:42:24,360 --> 00:42:26,440 Speaker 2: says stuff that makes them look like they're onto it 893 00:42:26,560 --> 00:42:29,879 Speaker 2: when perhaps they're not are the reality in these well 894 00:42:29,960 --> 00:42:33,480 Speaker 2: they meet regularly. Fonterra plays an outside's role in our economy, 895 00:42:33,480 --> 00:42:35,279 Speaker 2: and therefore it would be odd if they didn't. But 896 00:42:35,400 --> 00:42:38,240 Speaker 2: Nicola has this ponchean. Don't you think of saying stuff 897 00:42:38,680 --> 00:42:40,920 Speaker 2: that might lead you to believe she could produce an 898 00:42:40,920 --> 00:42:43,000 Speaker 2: oozy out of a handbag and blitz the room. She 899 00:42:43,160 --> 00:42:45,640 Speaker 2: has the banks, who she keeps telling us a people 900 00:42:45,719 --> 00:42:47,440 Speaker 2: we should not be locked in a dark room with. 901 00:42:47,920 --> 00:42:50,839 Speaker 2: She has the supermarkets, who, in her Cluseau type way, 902 00:42:50,920 --> 00:42:53,839 Speaker 2: suggest she's been ferresing about the aisles and has found 903 00:42:53,920 --> 00:42:57,359 Speaker 2: astardly deeds. Jacinda had the same predilection when she told 904 00:42:57,440 --> 00:43:00,600 Speaker 2: us the petrol companies were quote unquote fleecing us. It's 905 00:43:00,640 --> 00:43:03,000 Speaker 2: all good stuff for headlines and attention. Of course, it's 906 00:43:03,120 --> 00:43:06,239 Speaker 2: very good, good guy, bad guystuff. If hot air were 907 00:43:06,320 --> 00:43:08,239 Speaker 2: rocket fuel, she could have flun to the moon and 908 00:43:08,320 --> 00:43:11,840 Speaker 2: back six times. But is your butter any more affordable? 909 00:43:12,000 --> 00:43:14,640 Speaker 2: Of course not, And in that is the problem, not 910 00:43:14,760 --> 00:43:17,600 Speaker 2: with the price, but with Nicola. Wouldn't it be fantastic 911 00:43:18,239 --> 00:43:21,080 Speaker 2: if there was a scandal or a ripoff or some 912 00:43:21,280 --> 00:43:24,080 Speaker 2: highway robbery, wouldn't it be awesome if she could tie 913 00:43:24,160 --> 00:43:26,440 Speaker 2: a butter producer to a chair and water board them 914 00:43:26,480 --> 00:43:29,640 Speaker 2: until they screamed yes, yes, yes, it's true. The real 915 00:43:29,760 --> 00:43:32,600 Speaker 2: price is only three seventy six eight fifty Sadly you 916 00:43:32,680 --> 00:43:36,000 Speaker 2: know it. It's not gonna happen, And presumably as if 917 00:43:36,040 --> 00:43:38,799 Speaker 2: she needed it, Miles worked her through the calculations at 918 00:43:38,880 --> 00:43:42,359 Speaker 2: last night's meeting. We pay for butter the global price, 919 00:43:42,560 --> 00:43:45,120 Speaker 2: the irony being in this case that's actually good news 920 00:43:45,360 --> 00:43:48,040 Speaker 2: because dairy in general is booming and we need something 921 00:43:48,080 --> 00:43:50,680 Speaker 2: to boom for goodness sake. What we would like to 922 00:43:50,800 --> 00:43:54,160 Speaker 2: do versus what we have to do for good reason 923 00:43:54,600 --> 00:43:57,720 Speaker 2: are two separate things. That's why butter is the price 924 00:43:57,760 --> 00:44:01,560 Speaker 2: it is. The Real question for Nicola is how many meetings, 925 00:44:01,640 --> 00:44:04,600 Speaker 2: threats and finger waggles does she have to produce for 926 00:44:04,719 --> 00:44:07,400 Speaker 2: no change before someone calls her out for being a 927 00:44:07,440 --> 00:44:10,839 Speaker 2: lot of mouth and not a lot of trouser Cosking Mike, 928 00:44:10,960 --> 00:44:13,160 Speaker 2: I'd be interested to hear your view on Mikey Sherman 929 00:44:13,200 --> 00:44:16,760 Speaker 2: from TV and Z chasing Myles Hurrle outside Parliament. Frank, 930 00:44:17,200 --> 00:44:18,960 Speaker 2: I wasn't going to raise that until you did, but 931 00:44:19,080 --> 00:44:21,040 Speaker 2: you did, so I can't help myself. 932 00:44:20,800 --> 00:44:21,320 Speaker 17: Off for Frank. 933 00:44:21,719 --> 00:44:25,200 Speaker 2: Frank, why did you have to do that? Once again? Mikey, 934 00:44:25,280 --> 00:44:27,480 Speaker 2: who I kind of know but not really, is not 935 00:44:27,719 --> 00:44:32,320 Speaker 2: doing the profession any good. Miles isn't a criminal, Miles 936 00:44:32,400 --> 00:44:35,480 Speaker 2: isn't a shonky used car dealer. That and Mikey's not 937 00:44:35,520 --> 00:44:39,600 Speaker 2: a fair go reporter. You don't chase business people down 938 00:44:39,680 --> 00:44:42,920 Speaker 2: the street asking her bloke who doesn't set the buttter 939 00:44:43,040 --> 00:44:47,719 Speaker 2: price as though he's el capone. You simply talk to 940 00:44:47,800 --> 00:44:50,759 Speaker 2: a person politely and say, at the appropriate moment, is 941 00:44:50,800 --> 00:44:53,880 Speaker 2: it possible I could have a word, not berate him 942 00:44:53,880 --> 00:44:57,520 Speaker 2: as he tries to cross a wet Wellington street, yelling 943 00:44:57,600 --> 00:45:01,239 Speaker 2: and squawking at him. As the polit editor of the 944 00:45:01,440 --> 00:45:07,360 Speaker 2: state run broadcaster. I just wish in this industry for 945 00:45:07,560 --> 00:45:12,000 Speaker 2: better and I didn't see it. Sadly. Thanks for raising it, Frank. 946 00:45:12,120 --> 00:45:13,120 Speaker 2: Now you got me upset. 947 00:45:15,680 --> 00:45:19,680 Speaker 1: New Zealand's voice of reason is Mike the mic asking 948 00:45:19,719 --> 00:45:24,120 Speaker 1: breakfast with a Vita, retirement, communities, life your Way news 949 00:45:24,200 --> 00:45:24,919 Speaker 1: togs Head been. 950 00:45:24,920 --> 00:45:26,960 Speaker 2: A theme of Good News this morning. More good news 951 00:45:27,080 --> 00:45:30,000 Speaker 2: UPco who we've had on the program previously, look them up, 952 00:45:30,040 --> 00:45:33,160 Speaker 2: they're there. I couldn't for the life of me work 953 00:45:33,200 --> 00:45:36,880 Speaker 2: out why they ran into trouble. They're electric motorbikes, but 954 00:45:36,960 --> 00:45:40,719 Speaker 2: the electric motorbikes for the farm. They were for the military, 955 00:45:40,800 --> 00:45:42,759 Speaker 2: but that was part of the problem. The people who 956 00:45:42,760 --> 00:45:44,799 Speaker 2: were running the company were a bit squeamish about selling 957 00:45:44,840 --> 00:45:47,520 Speaker 2: stuff for the military. Australia Post has got a big 958 00:45:47,840 --> 00:45:50,239 Speaker 2: contract with them, and these sort of these sort of 959 00:45:50,480 --> 00:45:54,239 Speaker 2: cool looking electric bikes. Anyway, they fell over and I thought, 960 00:45:54,360 --> 00:45:57,160 Speaker 2: how is it possible you've fallen over. You've got modern tech, 961 00:45:57,840 --> 00:46:00,120 Speaker 2: they look good. There's got to be a demand for 962 00:46:00,239 --> 00:46:02,280 Speaker 2: all that sort of stuff. Anyway, it was announced yesterday 963 00:46:02,320 --> 00:46:03,960 Speaker 2: that they've done a deal. There's a bunch of players, 964 00:46:04,000 --> 00:46:07,680 Speaker 2: including Stephen Tindall, who have come to the rescue and 965 00:46:07,760 --> 00:46:09,160 Speaker 2: they're going to do a whole bunch of stuff that 966 00:46:09,239 --> 00:46:12,759 Speaker 2: are hopefully going to stabilize the company save a few jobs. 967 00:46:12,800 --> 00:46:14,680 Speaker 2: Are going to stay in Mount Munganui, which is where 968 00:46:14,719 --> 00:46:17,120 Speaker 2: they're based. I did go to the website yesterday and 969 00:46:17,160 --> 00:46:18,720 Speaker 2: if I got offer them as a very small amount 970 00:46:18,760 --> 00:46:22,399 Speaker 2: of business advice make navigation of the website a lot easier, 971 00:46:22,400 --> 00:46:25,239 Speaker 2: because I wanted to buy one and I couldn't, for 972 00:46:25,360 --> 00:46:27,320 Speaker 2: the life of me work out how to do it 973 00:46:28,120 --> 00:46:31,399 Speaker 2: in this country. They seem to be able to sell 974 00:46:31,440 --> 00:46:34,160 Speaker 2: me one if I'm in America or indeed anywhere in 975 00:46:34,200 --> 00:46:35,799 Speaker 2: the world, but they couldn't do it here. 976 00:46:36,239 --> 00:46:39,200 Speaker 17: That's weird because nobody's more technologically savvy than you. Well, 977 00:46:39,560 --> 00:46:40,799 Speaker 17: well you can't figure it out? 978 00:46:40,840 --> 00:46:46,080 Speaker 2: Who can precisely? And I asked chet GPT, I said, 979 00:46:46,120 --> 00:46:48,320 Speaker 2: how do I buy an UPco in New Zealand? And 980 00:46:48,400 --> 00:46:51,920 Speaker 2: it couldn't help me either. So anyway, clearly I'm not 981 00:46:52,120 --> 00:46:54,680 Speaker 2: technologically the greatest in the world. But nevertheless, I am 982 00:46:54,719 --> 00:46:56,960 Speaker 2: a person with enough money to buy an UPco, So 983 00:46:57,080 --> 00:47:00,320 Speaker 2: I think you'd be interested in selling me one. I 984 00:47:00,440 --> 00:47:01,880 Speaker 2: wish them wells. 985 00:47:01,920 --> 00:47:05,680 Speaker 22: You look great on an aba around the estate precisely. 986 00:47:05,800 --> 00:47:07,960 Speaker 22: That's what I've go I've had to go one, have 987 00:47:08,120 --> 00:47:10,520 Speaker 22: you Yeah, yeah, yeah, it's good fun on your estate, 988 00:47:10,800 --> 00:47:12,840 Speaker 22: well on an estate adjacent to me. 989 00:47:13,239 --> 00:47:16,439 Speaker 2: Did you go full throttle? And was the fifty k's 990 00:47:16,480 --> 00:47:18,279 Speaker 2: that goes thrilling or a bit? 991 00:47:19,080 --> 00:47:21,520 Speaker 22: It was because I did try out the fifty k's 992 00:47:21,560 --> 00:47:24,160 Speaker 22: on relatively uneven terrain. 993 00:47:24,160 --> 00:47:24,919 Speaker 2: And that was fun. 994 00:47:25,000 --> 00:47:25,799 Speaker 17: Yeah, that was pretty good. 995 00:47:25,800 --> 00:47:25,960 Speaker 10: Fun. 996 00:47:26,040 --> 00:47:28,239 Speaker 2: Good on you? Okay, do you know how much they 997 00:47:28,280 --> 00:47:30,320 Speaker 2: are they've seen twelve or thirteen thousand dollars. 998 00:47:30,840 --> 00:47:32,440 Speaker 17: If you can't work the website, there's no way I'm 999 00:47:32,440 --> 00:47:32,960 Speaker 17: going to be able to. 1000 00:47:33,000 --> 00:47:35,319 Speaker 2: Oh that's true. Okay. Twenty one minutes away from eight 1001 00:47:38,520 --> 00:47:40,839 Speaker 2: new chapter for our health system. Today the board got sacked. 1002 00:47:40,920 --> 00:47:43,280 Speaker 2: Lester Levey became the commissioner. He was charged with saving 1003 00:47:43,320 --> 00:47:45,600 Speaker 2: money and tidying the place up. As of today, governance 1004 00:47:45,640 --> 00:47:48,520 Speaker 2: Board returns with Lester's chair. I think that's how it works, Lester, 1005 00:47:48,640 --> 00:47:52,560 Speaker 2: morning to you, morning mate, as an exercise of getting 1006 00:47:52,640 --> 00:47:55,480 Speaker 2: rid of the hopeless, stabilizing the joint, and getting some 1007 00:47:55,600 --> 00:47:57,200 Speaker 2: fresh blood. And how's that gone. 1008 00:47:59,000 --> 00:48:02,399 Speaker 20: Actually, it's been very challenging, Mike, but it's actually gone 1009 00:48:03,200 --> 00:48:06,600 Speaker 20: very well. The organization is in much better shape. It's 1010 00:48:06,680 --> 00:48:10,600 Speaker 20: more stable, more secure, we're financially on track, and we 1011 00:48:10,719 --> 00:48:14,000 Speaker 20: have arrested the long run multi year decline in the 1012 00:48:14,120 --> 00:48:19,399 Speaker 20: critical system level performance measures. So I think that it's 1013 00:48:19,480 --> 00:48:22,640 Speaker 20: been difficult, challenging, but the outcome has been good and 1014 00:48:22,719 --> 00:48:25,160 Speaker 20: we've got a very stable platform to move forward from. 1015 00:48:25,440 --> 00:48:29,800 Speaker 2: Did the voluminosity surprise you, yes. 1016 00:48:30,000 --> 00:48:32,560 Speaker 20: Yes, Well, I'll give you an indication. In a period 1017 00:48:32,640 --> 00:48:35,000 Speaker 20: of the last twelve months, we would have had twelve 1018 00:48:35,080 --> 00:48:39,680 Speaker 20: board meetings. We had seventy two commissioner meetings, the last 1019 00:48:39,760 --> 00:48:44,000 Speaker 20: one is tonight, and fifty sorry, sixty nine turnaround meetings. 1020 00:48:44,120 --> 00:48:46,880 Speaker 20: So we've had a work at a very high cadence 1021 00:48:47,120 --> 00:48:50,640 Speaker 20: and workload in order to get through the volume. But 1022 00:48:50,800 --> 00:48:51,759 Speaker 20: that was necessary. 1023 00:48:52,560 --> 00:48:56,240 Speaker 2: Is am I going to see this when Manee hurts 1024 00:48:56,239 --> 00:48:58,040 Speaker 2: and I need a doctor or a nurse or an 1025 00:48:58,080 --> 00:48:59,120 Speaker 2: operating theater. 1026 00:49:00,239 --> 00:49:03,040 Speaker 20: Well that's critical question. There has been a very long 1027 00:49:03,120 --> 00:49:07,680 Speaker 20: run decline in a system level performance around waiting times, 1028 00:49:07,719 --> 00:49:12,239 Speaker 20: immunization rates, productivity, and we have arrested that. So we've 1029 00:49:12,239 --> 00:49:15,879 Speaker 20: stopped the decline and we've started the improvement. Just give 1030 00:49:15,920 --> 00:49:20,399 Speaker 20: you us rough example, like immunization rates in December we're 1031 00:49:20,640 --> 00:49:23,920 Speaker 20: seventy five percent than are eighty two percent, first time 1032 00:49:23,960 --> 00:49:27,000 Speaker 20: they've been over eighty four years. But if we can 1033 00:49:27,160 --> 00:49:29,960 Speaker 20: get an increase of seven percent like that in six 1034 00:49:30,040 --> 00:49:33,200 Speaker 20: seven months and keep doing that, that's when people will 1035 00:49:33,280 --> 00:49:36,320 Speaker 20: see the real impact. So I think it's during this 1036 00:49:36,520 --> 00:49:39,279 Speaker 20: next twelve months that will get that to the level 1037 00:49:39,360 --> 00:49:41,640 Speaker 20: that people will start seeing the impact. Because our whole 1038 00:49:41,680 --> 00:49:46,000 Speaker 20: focus is on patient access and we're realistic we need 1039 00:49:46,040 --> 00:49:48,480 Speaker 20: to get these to a level where it actually starts 1040 00:49:48,560 --> 00:49:50,720 Speaker 20: making a discernible difference to patients. 1041 00:49:50,960 --> 00:49:53,400 Speaker 2: So you've got you guys, you've got an Infrastructure Committee, 1042 00:49:53,440 --> 00:49:55,080 Speaker 2: and you've got a Crown observer as well. Is that 1043 00:49:55,160 --> 00:49:55,759 Speaker 2: too many people? 1044 00:49:58,160 --> 00:50:01,360 Speaker 20: Well, it's it's different to what we used to do. 1045 00:50:01,480 --> 00:50:05,000 Speaker 20: But I think that there's good people and I think 1046 00:50:05,160 --> 00:50:08,359 Speaker 20: the Infrastructure Committee is a big help because we've got 1047 00:50:08,360 --> 00:50:10,719 Speaker 20: to have the bandwidth to manage all their projects. There's 1048 00:50:10,760 --> 00:50:13,839 Speaker 20: hundreds of them, and they will focus on the more 1049 00:50:14,200 --> 00:50:19,520 Speaker 20: significant projects. There's really good established relationships between the people 1050 00:50:19,560 --> 00:50:21,920 Speaker 20: who are working through this, So yeah, I think it's 1051 00:50:22,000 --> 00:50:24,120 Speaker 20: going to work very well. The big issue is we 1052 00:50:24,280 --> 00:50:27,320 Speaker 20: can't work at the cadence of a commissioner a system. 1053 00:50:27,400 --> 00:50:29,359 Speaker 20: It won't be as agile as that, but we can't 1054 00:50:29,400 --> 00:50:32,120 Speaker 20: work at the cadence of a typical board. We're going 1055 00:50:32,200 --> 00:50:34,520 Speaker 20: to have to keep the cadence up in order to deliver. 1056 00:50:34,920 --> 00:50:39,040 Speaker 20: Critical thing for me and the organization is we've reached 1057 00:50:39,120 --> 00:50:42,920 Speaker 20: this point of turnaround, but we have got a lot 1058 00:50:42,960 --> 00:50:45,719 Speaker 20: of work to do to devolve decision making and resources 1059 00:50:45,840 --> 00:50:48,239 Speaker 20: close to the action, a lot of work to get 1060 00:50:48,280 --> 00:50:52,480 Speaker 20: the clinicians fully involved in decision making, and most of all, 1061 00:50:53,000 --> 00:50:55,520 Speaker 20: we have to get modern tools into the hands of 1062 00:50:55,600 --> 00:50:58,239 Speaker 20: our workforce in order to do the work in the 1063 00:50:58,280 --> 00:51:02,040 Speaker 20: best possible way. And I think the New Zealand health 1064 00:51:02,080 --> 00:51:05,920 Speaker 20: system has drifted for some years and the technological advances 1065 00:51:06,400 --> 00:51:09,160 Speaker 20: that are available elsewhere aren't all available yet, and so 1066 00:51:09,880 --> 00:51:12,560 Speaker 20: we don't have those announcements right yet. But in the 1067 00:51:12,640 --> 00:51:15,879 Speaker 20: next one or four months we have significant announcements about 1068 00:51:16,000 --> 00:51:20,640 Speaker 20: modernization of digital and also technological innovation, which will be 1069 00:51:20,719 --> 00:51:22,480 Speaker 20: great for our clinicians in particular. 1070 00:51:22,800 --> 00:51:24,560 Speaker 2: All I can do is wish you the very best, Lester, 1071 00:51:24,760 --> 00:51:26,160 Speaker 2: and thank you for the work you've done so far. 1072 00:51:26,280 --> 00:51:29,640 Speaker 2: Lester Leeby, who's the commissioner coming chairman? Commissioner now back 1073 00:51:29,680 --> 00:51:33,439 Speaker 2: to chairman. And they seem slowly but surely Now it's 1074 00:51:33,640 --> 00:51:36,600 Speaker 2: highly political, but they seem slowly but surely be getting there. 1075 00:51:36,640 --> 00:51:39,320 Speaker 2: Seventeen away from eight tas getting riven news out of 1076 00:51:39,360 --> 00:51:43,000 Speaker 2: Ireland this morning. Remember they had the Apple thing. In fact, 1077 00:51:43,040 --> 00:51:45,520 Speaker 2: they didn't want the Apple thing. Europe took Apple to court, 1078 00:51:45,640 --> 00:51:48,440 Speaker 2: Apple lost, Apple appeal, Apple lost again, and so in 1079 00:51:48,920 --> 00:51:52,400 Speaker 2: essence they owed the Irish government and a fortune fourteen 1080 00:51:52,480 --> 00:51:56,720 Speaker 2: billion euros. So let's make that twenty five twenty six billion. 1081 00:51:56,880 --> 00:51:58,799 Speaker 2: New Zealand dollars. So the question this happened a couple 1082 00:51:58,800 --> 00:52:01,640 Speaker 2: of months ago. The quest was what will aile and 1083 00:52:01,760 --> 00:52:03,480 Speaker 2: do with that money? It was a windfall. They weren't 1084 00:52:03,520 --> 00:52:05,799 Speaker 2: expecting it, They ironically didn't want it, but they had 1085 00:52:05,840 --> 00:52:08,160 Speaker 2: to take it. So they've announced overnight that they're going 1086 00:52:08,200 --> 00:52:10,480 Speaker 2: to beef up the country's National Development planned. Yes, they've 1087 00:52:10,480 --> 00:52:13,000 Speaker 2: got an ENDP, a National development Plan and that's a 1088 00:52:13,120 --> 00:52:16,400 Speaker 2: one hundred and twelve billion euro thing for infrastructure. So 1089 00:52:16,440 --> 00:52:18,719 Speaker 2: they're going to put that money into housing, energy, water 1090 00:52:19,120 --> 00:52:21,480 Speaker 2: and transport between twenty twenty six and twenty thirty. So 1091 00:52:21,600 --> 00:52:23,400 Speaker 2: that seems wise investment to me. 1092 00:52:23,760 --> 00:52:28,680 Speaker 1: Sixteen two The Vike Asking Breakfast Full Show podcast on 1093 00:52:28,920 --> 00:52:31,080 Speaker 1: iHeartRadio now ad By News Talks. 1094 00:52:31,120 --> 00:52:35,200 Speaker 2: That'd be Now, I'm more than happy to accept that 1095 00:52:35,280 --> 00:52:38,000 Speaker 2: I'm a luddite, but you've got to, as a business, 1096 00:52:38,160 --> 00:52:41,600 Speaker 2: understand that many of your customers will be luddites technically speaking. 1097 00:52:41,680 --> 00:52:46,080 Speaker 2: So I've been flooded with emails, flooded with texts. You 1098 00:52:46,120 --> 00:52:49,719 Speaker 2: can go to go to gardening slash collection slash ubco 1099 00:52:50,280 --> 00:52:52,440 Speaker 2: Action Equipment Tower on the MIC, or to Pokey or 1100 00:52:52,480 --> 00:52:55,319 Speaker 2: Hamilton will sell you an UPco ask dx mail they've 1101 00:52:55,360 --> 00:52:57,160 Speaker 2: got some et cetera. So there's plenty of people have 1102 00:52:57,280 --> 00:53:00,560 Speaker 2: got them. So what you need as a company is 1103 00:53:00,640 --> 00:53:03,239 Speaker 2: to be able to direct me to those people in 1104 00:53:03,320 --> 00:53:05,880 Speaker 2: a way that I understand. Therefore I can do business 1105 00:53:05,960 --> 00:53:09,120 Speaker 2: because if you're stuck like me, the connections, you're not 1106 00:53:09,200 --> 00:53:11,000 Speaker 2: joining the dots. Now I can ask you this question. 1107 00:53:12,080 --> 00:53:13,800 Speaker 2: I was watching, by the way, I was watching yesterday 1108 00:53:13,800 --> 00:53:16,640 Speaker 2: while I was on the bike, a very good podcast. 1109 00:53:16,800 --> 00:53:19,960 Speaker 2: High Performance is the name of the podcast, and he 1110 00:53:20,120 --> 00:53:21,880 Speaker 2: does quite good work. The bloke who does it, and 1111 00:53:22,280 --> 00:53:24,120 Speaker 2: look him up and he's sort of interesting anyway, that 1112 00:53:24,239 --> 00:53:27,080 Speaker 2: Carlos signs on for an hour, and Carlos signs you 1113 00:53:27,239 --> 00:53:29,319 Speaker 2: know the story roughly. If you're an F one fan, 1114 00:53:29,400 --> 00:53:31,680 Speaker 2: you've probably been in the weeds. But it's an hour 1115 00:53:31,760 --> 00:53:33,839 Speaker 2: of him just explaining where he's been, what he's done, 1116 00:53:33,920 --> 00:53:35,680 Speaker 2: how he's done it, why he's done it, how difficult 1117 00:53:35,719 --> 00:53:38,839 Speaker 2: it was. It's more, it's not really about sport. It's 1118 00:53:38,840 --> 00:53:42,680 Speaker 2: about performance. It's about mental attitude and success in life 1119 00:53:42,760 --> 00:53:44,840 Speaker 2: and goals and you know all that stuff. So I 1120 00:53:44,920 --> 00:53:46,759 Speaker 2: thoroughly recommend that. But the other thing I do when 1121 00:53:46,760 --> 00:53:50,680 Speaker 2: I'm on my bike is I look at hotels as 1122 00:53:50,760 --> 00:53:53,000 Speaker 2: in reviews, and I'm an av geek, and I look 1123 00:53:53,080 --> 00:53:56,800 Speaker 2: at airline reviews and there's a huge industry on YouTube 1124 00:53:56,840 --> 00:54:00,880 Speaker 2: these days of people who do this as a based 1125 00:54:00,920 --> 00:54:04,080 Speaker 2: on the fact that they get subscribers and the subscribers 1126 00:54:04,160 --> 00:54:05,920 Speaker 2: pay basically, so in other words, they don't go to 1127 00:54:06,000 --> 00:54:08,880 Speaker 2: the hotel for free as a guest at the hotel, 1128 00:54:09,200 --> 00:54:10,880 Speaker 2: and they don't fly the airline for free as a 1129 00:54:10,920 --> 00:54:13,759 Speaker 2: guest of the airline, because I think that is gone. 1130 00:54:13,880 --> 00:54:16,960 Speaker 2: And yet ironically, yesterday I reading stuff a review of 1131 00:54:17,000 --> 00:54:18,560 Speaker 2: a French hotel, and I look to the end and 1132 00:54:18,600 --> 00:54:21,359 Speaker 2: the woman who's written the review a New Zealander. She's 1133 00:54:21,400 --> 00:54:23,440 Speaker 2: stayed there as a guest at the hotel, and I'm thinking, well, 1134 00:54:23,719 --> 00:54:25,399 Speaker 2: what else is she going to say about the hotel 1135 00:54:25,440 --> 00:54:29,279 Speaker 2: other than ah al, don't they fantastic? Right? And then 1136 00:54:29,360 --> 00:54:31,600 Speaker 2: I read in the Herald yesterday your Ultimate Guide to 1137 00:54:31,600 --> 00:54:34,640 Speaker 2: flying business class for the first time, and I looked 1138 00:54:34,640 --> 00:54:36,200 Speaker 2: to the bottom of the article and what was the 1139 00:54:36,239 --> 00:54:39,440 Speaker 2: woman doing. She's flying compliments and memorates who'd upgraded it 1140 00:54:39,560 --> 00:54:40,920 Speaker 2: a business? Now what she going to go? I was 1141 00:54:40,920 --> 00:54:43,279 Speaker 2: a bit ordinary, The service, food was a bit odd. 1142 00:54:43,800 --> 00:54:47,000 Speaker 2: So I'm asking you this question. In a world where 1143 00:54:47,040 --> 00:54:50,040 Speaker 2: there are people who will pay for this experience and 1144 00:54:50,200 --> 00:54:54,000 Speaker 2: give you an honest review because they owe nobody anything, 1145 00:54:54,600 --> 00:54:58,439 Speaker 2: therefore they've got some credibility. Is there still room left 1146 00:54:58,520 --> 00:55:02,440 Speaker 2: in the media for people to take freebes and then 1147 00:55:02,560 --> 00:55:05,000 Speaker 2: pretend that they're honest reviews. Whether they are or not. 1148 00:55:05,080 --> 00:55:06,840 Speaker 2: Now they may well be honest reviews. I don't know, 1149 00:55:06,920 --> 00:55:09,040 Speaker 2: but you never know. And that's the point. If somebody 1150 00:55:09,120 --> 00:55:12,239 Speaker 2: gives you something for nothing, how can you possibly be 1151 00:55:12,520 --> 00:55:16,120 Speaker 2: truthful about it when sometimes the truth needs to be told. 1152 00:55:16,320 --> 00:55:17,759 Speaker 2: There's my question for you this morning. 1153 00:55:17,840 --> 00:55:21,720 Speaker 1: Tend to wait the mate Hosking Breakfast with a Vita 1154 00:55:21,840 --> 00:55:23,840 Speaker 1: Retirement Communities News, togs. 1155 00:55:23,640 --> 00:55:25,840 Speaker 2: Head Bes Shiven away from it. I can't contain myself. 1156 00:55:27,360 --> 00:55:30,520 Speaker 2: So it's hearing on the program tomorrow after eight, and 1157 00:55:32,080 --> 00:55:35,320 Speaker 2: I'll let you in on a secret. I've already done it. 1158 00:55:35,960 --> 00:55:39,600 Speaker 2: I did it last night because and the reason I'm 1159 00:55:39,640 --> 00:55:42,040 Speaker 2: telling you this but now is I've been dying to 1160 00:55:42,320 --> 00:55:45,800 Speaker 2: ask them about Coldplay. This is the biggest story in 1161 00:55:45,840 --> 00:55:48,520 Speaker 2: the world if you think about it this way, that 1162 00:55:48,600 --> 00:55:53,600 Speaker 2: it's gone everywhere. It's intergenerational, it's intercontinent, it's into country, 1163 00:55:54,320 --> 00:55:58,480 Speaker 2: it's humorous, it's tragic, it's sad, it's entertainment, it's news, 1164 00:55:59,040 --> 00:56:03,160 Speaker 2: it's legals, it's jobs, it's lives, it's seckings, it's upheaval. 1165 00:56:03,800 --> 00:56:06,800 Speaker 2: It is the biggest story in the world. And Chris Martin, 1166 00:56:06,960 --> 00:56:11,240 Speaker 2: I feel, has not done his job as the person 1167 00:56:11,280 --> 00:56:14,240 Speaker 2: who is at least in part responsible for the carnage 1168 00:56:14,239 --> 00:56:16,840 Speaker 2: that's ensued. And so I thought last night, I'm going 1169 00:56:16,880 --> 00:56:19,560 Speaker 2: to ask goldiad about this until the person who sits 1170 00:56:19,600 --> 00:56:23,759 Speaker 2: up the interviews guys, just before you start my no 1171 00:56:23,960 --> 00:56:27,719 Speaker 2: questions about jumbo tron or Chris Martin, please stuff there. 1172 00:56:29,160 --> 00:56:33,080 Speaker 2: And so we asked, like kiss Cam, yeah, do you 1173 00:56:33,160 --> 00:56:34,399 Speaker 2: run it. You've got a jumbo tron. 1174 00:56:34,520 --> 00:56:36,680 Speaker 23: We've never done it, but there. You know, I think 1175 00:56:36,800 --> 00:56:41,320 Speaker 23: that all shows are different, like my show is very different, 1176 00:56:42,040 --> 00:56:44,080 Speaker 23: be guns In the show and the Coldplay show and 1177 00:56:44,120 --> 00:56:46,120 Speaker 23: the Taylor Show, and I think that that's what makes 1178 00:56:46,400 --> 00:56:51,880 Speaker 23: stadium shows great. And yeah, it's that's been part of 1179 00:56:51,920 --> 00:56:54,160 Speaker 23: their show since the beginning. It's just now it is 1180 00:56:54,800 --> 00:56:59,600 Speaker 23: obviously international news for you know, something that I feel 1181 00:56:59,640 --> 00:57:02,800 Speaker 23: like lots of lots of people go through and I 1182 00:57:02,840 --> 00:57:06,960 Speaker 23: wouldn't say it's any like I doesn't I don't it. 1183 00:57:07,320 --> 00:57:09,239 Speaker 2: No, I mean, I mean, let's be honest. I mean 1184 00:57:09,280 --> 00:57:11,960 Speaker 2: I feel bad for them. I feel really bad for them. 1185 00:57:12,040 --> 00:57:14,880 Speaker 2: I almost think it's an invasion of privacy. I mean, 1186 00:57:14,920 --> 00:57:16,360 Speaker 2: I know, you're at a show, and I get all 1187 00:57:16,400 --> 00:57:20,600 Speaker 2: of that, but at some point, destroying somebody's life, you know, 1188 00:57:20,880 --> 00:57:22,720 Speaker 2: I mean, you've got to feel about You got to 1189 00:57:22,760 --> 00:57:24,840 Speaker 2: feel bad about that, don't you. Yeah, I definitely. 1190 00:57:24,920 --> 00:57:29,240 Speaker 23: I don't like the way that it's unfolding. And I 1191 00:57:29,320 --> 00:57:32,160 Speaker 23: think everyone just has to remember that there's like children 1192 00:57:32,520 --> 00:57:33,680 Speaker 23: involved in families. 1193 00:57:33,800 --> 00:57:39,480 Speaker 2: And yeah, exactly he's right, isn't he? And he and 1194 00:57:39,600 --> 00:57:42,240 Speaker 2: this is why we all love Edgeheran he's done what 1195 00:57:42,440 --> 00:57:45,360 Speaker 2: Chris Martin should have. And all Chris Martin did was 1196 00:57:45,440 --> 00:57:48,000 Speaker 2: front up at the next concert and go just in 1197 00:57:48,120 --> 00:57:50,760 Speaker 2: case anyone's here, And he tried to be a smart 1198 00:57:50,800 --> 00:57:53,120 Speaker 2: ass about it. And there's a line to be drawn 1199 00:57:53,800 --> 00:57:56,360 Speaker 2: between the fun and the frivolity of where that story 1200 00:57:56,440 --> 00:57:58,560 Speaker 2: was at at the very beginning of it, and the 1201 00:57:59,240 --> 00:58:02,440 Speaker 2: and just as he'd sharing quite rightly pointed out, and 1202 00:58:02,480 --> 00:58:04,320 Speaker 2: you don't need too much brain power to work it through. 1203 00:58:04,480 --> 00:58:08,320 Speaker 2: Just imagine the impact on those people around the individuals 1204 00:58:08,400 --> 00:58:15,160 Speaker 2: concerned and anyway, there was more where that came from tomorrow. 1205 00:58:15,200 --> 00:58:17,800 Speaker 2: It was a very good interview. If I can review myself, 1206 00:58:19,040 --> 00:58:21,840 Speaker 2: which I am, it was a very good interview. I 1207 00:58:21,960 --> 00:58:23,840 Speaker 2: thoroughly enjoyed it. And what I was saying to Katie 1208 00:58:23,920 --> 00:58:26,760 Speaker 2: last night was we first interviewed and when did we 1209 00:58:26,800 --> 00:58:30,360 Speaker 2: first interview? In what I'm saying, eight nineteen years ago? 1210 00:58:31,280 --> 00:58:34,040 Speaker 2: And I did him and it was on me years 1211 00:58:34,040 --> 00:58:37,720 Speaker 2: ago something like that, and he was dreadful talent. He 1212 00:58:37,840 --> 00:58:40,560 Speaker 2: used to be. He was shy, introspective, he had nothing 1213 00:58:40,600 --> 00:58:43,520 Speaker 2: particular to say, and I thought, but he was still 1214 00:58:43,560 --> 00:58:45,560 Speaker 2: a big noise and you're thinking, it's a very difficult 1215 00:58:45,560 --> 00:58:47,920 Speaker 2: position to be and when you interview somebody who's a 1216 00:58:47,960 --> 00:58:51,200 Speaker 2: big deal but they're not actually very good talent. But 1217 00:58:51,320 --> 00:58:53,640 Speaker 2: he's come out of himself in recent years and he's 1218 00:58:53,680 --> 00:58:57,680 Speaker 2: a very very likable, enjoyable, engaging person. And we had 1219 00:58:57,680 --> 00:59:00,000 Speaker 2: a wonderful time. The other thing I aske him about, 1220 00:59:00,120 --> 00:59:02,520 Speaker 2: by the ways, Chris Hemsworth, Now this is worth noting. 1221 00:59:03,680 --> 00:59:06,720 Speaker 2: It's not out till next month, but Himsworth and Shearon 1222 00:59:06,840 --> 00:59:08,920 Speaker 2: have done a thing that I'll tell you about tomorrow. 1223 00:59:09,680 --> 00:59:13,000 Speaker 2: That and Himsworth's show which is called Limitless, that's well 1224 00:59:13,120 --> 00:59:16,479 Speaker 2: worth watching. If you want to improve yourself, advance your life, 1225 00:59:17,120 --> 00:59:19,680 Speaker 2: be a better person. Limitless as well worth watching. But 1226 00:59:19,800 --> 00:59:23,640 Speaker 2: what Sheeron and Hymsworth have done is brilliant, So we 1227 00:59:23,720 --> 00:59:26,720 Speaker 2: talk about that on the program tomorrow as well. I 1228 00:59:26,720 --> 00:59:28,880 Speaker 2: don't think it's exactly any invi Less Now, don't worry 1229 00:59:28,880 --> 00:59:30,000 Speaker 2: about listening to news. 1230 00:59:30,120 --> 00:59:30,720 Speaker 4: Is next. 1231 00:59:32,320 --> 00:59:38,280 Speaker 1: Mike Coskame Instateful, engaging and vital, The Mike Hosking Breakfast 1232 00:59:38,520 --> 00:59:42,440 Speaker 1: with the land Rover Discovery, never stop discovering news, Tog said, be. 1233 00:59:44,320 --> 00:59:45,720 Speaker 24: To me in the park and. 1234 00:59:47,280 --> 00:59:48,720 Speaker 19: Me be and read. 1235 00:59:49,160 --> 00:59:52,480 Speaker 2: So she's got whether you like country music or not, 1236 00:59:53,640 --> 00:59:58,720 Speaker 2: she's got instant vocal credibility, hasn't it. Angel? I mean, 1237 00:59:58,760 --> 01:00:01,520 Speaker 2: there's no question this woman knows how to sing and 1238 01:00:01,640 --> 01:00:04,800 Speaker 2: she knows what he's doing. Priscia Yearwood. The new album 1239 01:00:04,840 --> 01:00:07,640 Speaker 2: is called The Mirror. My next question, You've got a 1240 01:00:07,760 --> 01:00:09,880 Speaker 2: television program which I love. I watch a lot of 1241 01:00:09,920 --> 01:00:15,680 Speaker 2: Tricia's Southern Kitchen. She's got some awesome recipes. But let 1242 01:00:15,720 --> 01:00:18,880 Speaker 2: me ask you this question. So you're a successful television 1243 01:00:18,920 --> 01:00:22,760 Speaker 2: host of Tricia's Southern Kitchen, and you've got a new 1244 01:00:22,840 --> 01:00:26,280 Speaker 2: album out, and you're married to Garth, and Garth's moderately 1245 01:00:26,400 --> 01:00:29,520 Speaker 2: successful at what he does as well. Why then, would 1246 01:00:29,600 --> 01:00:34,320 Speaker 2: you build friends in low places? Barren honky Tonk, which 1247 01:00:34,400 --> 01:00:36,560 Speaker 2: is a multi story club in the lower rural Bay 1248 01:00:36,560 --> 01:00:39,160 Speaker 2: area of Natura, Why would you open a restaurant for 1249 01:00:39,280 --> 01:00:42,960 Speaker 2: what possible purpose? Would you go? You're busy, you're flat out, 1250 01:00:43,160 --> 01:00:45,680 Speaker 2: you're making music, You've got a family, and you go, 1251 01:00:46,760 --> 01:00:48,680 Speaker 2: shall we open a restaurant? And who needs that? 1252 01:00:49,000 --> 01:00:51,120 Speaker 17: Well, it's an a club, So maybe it's a foster 1253 01:00:51,240 --> 01:00:51,720 Speaker 17: new talent. 1254 01:00:53,200 --> 01:00:55,600 Speaker 2: Not a bad point one, because who do we have 1255 01:00:55,720 --> 01:01:00,080 Speaker 2: on the other day? Country music? The country music I 1256 01:01:00,320 --> 01:01:03,280 Speaker 2: was on the other day? He hit a bar. Jason Noldan, 1257 01:01:03,480 --> 01:01:05,040 Speaker 2: he's opened a bar as well. Maybe that's what you 1258 01:01:05,160 --> 01:01:05,680 Speaker 2: do in Nashville. 1259 01:01:06,000 --> 01:01:07,280 Speaker 17: Or is it just that you love going to a 1260 01:01:07,360 --> 01:01:09,400 Speaker 17: barrens and not having to pay for your drinks? 1261 01:01:09,600 --> 01:01:11,680 Speaker 2: Maybe Trusty a year would went to Jason Noldan's bar 1262 01:01:11,760 --> 01:01:14,040 Speaker 2: and went, hell, how come I Garth? How come I 1263 01:01:14,120 --> 01:01:16,320 Speaker 2: don't have it? Jack Garth, how come we don't have 1264 01:01:16,480 --> 01:01:18,920 Speaker 2: a bar? They're quite in cloud. 1265 01:01:19,040 --> 01:01:21,640 Speaker 22: I think I think she's American. I don't think she's Pakistani. Sorry, 1266 01:01:22,520 --> 01:01:24,280 Speaker 22: there are quite a lot of songs about drinking on 1267 01:01:24,360 --> 01:01:24,760 Speaker 22: this album. 1268 01:01:24,840 --> 01:01:28,440 Speaker 2: By the way, are they bringing in the angels the 1269 01:01:28,560 --> 01:01:31,360 Speaker 2: wall or the other way over? Little lady? Where are 1270 01:01:31,400 --> 01:01:32,520 Speaker 2: these songs? What are you talking about? 1271 01:01:33,200 --> 01:01:33,520 Speaker 10: There is? 1272 01:01:33,600 --> 01:01:35,680 Speaker 17: There is at least two songs about drinking on that album. 1273 01:01:36,400 --> 01:01:39,040 Speaker 2: See how I catch going out every time? He made 1274 01:01:39,080 --> 01:01:41,120 Speaker 2: so much fake news on the show. It's unbelieve it's 1275 01:01:41,120 --> 01:01:43,040 Speaker 2: getting embarrassing in the amount of pa ship and fake news. 1276 01:01:46,120 --> 01:01:52,920 Speaker 2: Fifteen tracks, forty nine minutes. Let's do a little bit 1277 01:01:52,960 --> 01:01:55,280 Speaker 2: of politics Mike Mitchell and Ginny Anderson and with us. 1278 01:01:55,320 --> 01:01:58,640 Speaker 24: Good morning you too, Good morning Mike, morning Ginny, and 1279 01:01:58,680 --> 01:01:59,560 Speaker 24: welcome beat Mike. 1280 01:01:59,600 --> 01:02:01,840 Speaker 25: Thank you, good morning. I hope you had a nice brain. 1281 01:02:02,040 --> 01:02:02,320 Speaker 3: I did. 1282 01:02:02,400 --> 01:02:04,840 Speaker 2: I had a reason. You don't sound like you mean it, Jenny. 1283 01:02:05,080 --> 01:02:06,400 Speaker 2: I had a nice brain. 1284 01:02:07,680 --> 01:02:09,680 Speaker 25: I just kind of get it, and I did. Hope 1285 01:02:09,720 --> 01:02:10,520 Speaker 25: you did go away. 1286 01:02:11,560 --> 01:02:14,840 Speaker 2: No, no, no, no, no. You don't have to ask supplementaries, Jenny, 1287 01:02:14,880 --> 01:02:16,040 Speaker 2: just because you've been called out of it. 1288 01:02:16,640 --> 01:02:16,680 Speaker 6: No. 1289 01:02:17,600 --> 01:02:20,520 Speaker 2: I didn't go away, and this will help you, Jenny. 1290 01:02:20,560 --> 01:02:22,920 Speaker 2: I didn't go away because of the cost of living crisis, 1291 01:02:23,000 --> 01:02:24,640 Speaker 2: because I'm too busy paying for the butter. 1292 01:02:25,400 --> 01:02:29,560 Speaker 25: Oh my goodness, really couldn't get a stay cation stay home. 1293 01:02:29,720 --> 01:02:32,360 Speaker 2: Yes it was a staycation, but I am I've put 1294 01:02:32,440 --> 01:02:37,400 Speaker 2: some good infrastructure into my country property, did you good? Well? 1295 01:02:38,960 --> 01:02:40,800 Speaker 24: Cutting back on dairy mate has been good for you 1296 01:02:40,880 --> 01:02:42,080 Speaker 24: because you've come back fired up. 1297 01:02:42,080 --> 01:02:42,920 Speaker 3: There's no doubt about that. 1298 01:02:43,200 --> 01:02:45,600 Speaker 2: That is true. I've never sounded better. I talked to 1299 01:02:45,680 --> 01:02:47,480 Speaker 2: myself last night. I said, you never sound a bit 1300 01:02:47,520 --> 01:02:51,320 Speaker 2: of Michael, and I agreed with myself. Anyway, Can I 1301 01:02:51,480 --> 01:02:53,520 Speaker 2: just compliment you Mark funnily enough? And you could have 1302 01:02:53,600 --> 01:02:56,280 Speaker 2: a word with Luxo about this. When you got out 1303 01:02:56,320 --> 01:02:58,200 Speaker 2: of the helicopter the other day when you went down 1304 01:02:58,240 --> 01:03:01,080 Speaker 2: to Nelson, you had a good pair of chinos on 1305 01:03:01,200 --> 01:03:04,320 Speaker 2: a contrasting pair of chinos, and you had a backpack, 1306 01:03:04,760 --> 01:03:07,160 Speaker 2: and you look like a bloke, And you look like 1307 01:03:07,240 --> 01:03:10,000 Speaker 2: a bloke he'd been to a few emergency scenes and 1308 01:03:10,080 --> 01:03:12,840 Speaker 2: he might be there for the night, whereas Luxo looked 1309 01:03:12,920 --> 01:03:14,960 Speaker 2: like a guy who didn't leave the city all that much. 1310 01:03:15,000 --> 01:03:16,760 Speaker 2: And he had some rim Williams on and they're a 1311 01:03:16,800 --> 01:03:18,160 Speaker 2: bit shiny, you know what I mean. You've got to 1312 01:03:18,200 --> 01:03:20,600 Speaker 2: look the part when you turn up at the appropriate locations. 1313 01:03:21,000 --> 01:03:22,040 Speaker 2: Am I rid right? 1314 01:03:22,960 --> 01:03:23,000 Speaker 6: No? 1315 01:03:23,320 --> 01:03:25,320 Speaker 3: He's not interested in what he looks like. He's interested 1316 01:03:25,320 --> 01:03:26,160 Speaker 3: in getting on the ground. 1317 01:03:26,800 --> 01:03:29,920 Speaker 24: Since I've been Emergency Management Minister, he has been out 1318 01:03:30,000 --> 01:03:33,200 Speaker 24: on the ground at every just about every major emergency 1319 01:03:33,240 --> 01:03:36,040 Speaker 24: that we've had and with it, without a doubt, the 1320 01:03:36,040 --> 01:03:38,560 Speaker 24: people of Tesmond were suffering. And by the way, they 1321 01:03:38,640 --> 01:03:40,880 Speaker 24: might just to highlight that he was there just at 1322 01:03:40,920 --> 01:03:43,080 Speaker 24: the right time. Because we go through the response, everyone's 1323 01:03:43,080 --> 01:03:45,480 Speaker 24: full of adrenaline. It's when the response is over the 1324 01:03:45,520 --> 01:03:46,320 Speaker 24: adrenaline's gone and. 1325 01:03:46,360 --> 01:03:47,960 Speaker 3: People look and see what they have to deal with. 1326 01:03:48,400 --> 01:03:50,360 Speaker 3: That's when you've got to be there to reassure the state. 1327 01:03:50,400 --> 01:03:52,120 Speaker 2: Look, we can get through this, good point. Have you 1328 01:03:52,160 --> 01:03:54,040 Speaker 2: heard are you at Parliament this morning, Jinny? 1329 01:03:54,960 --> 01:03:56,440 Speaker 25: Yes, I am at my discomponent. 1330 01:03:56,600 --> 01:03:59,760 Speaker 2: Have you heard any whispers about what happened at the 1331 01:03:59,800 --> 01:04:00,439 Speaker 2: bar to meeting? 1332 01:04:01,840 --> 01:04:01,880 Speaker 4: Not? 1333 01:04:02,120 --> 01:04:07,480 Speaker 8: No, I have not, No, I did not. 1334 01:04:07,880 --> 01:04:10,360 Speaker 25: I did watch the TV one story and. 1335 01:04:10,960 --> 01:04:12,040 Speaker 2: That was shocking, wasn't it? 1336 01:04:12,440 --> 01:04:12,640 Speaker 6: Yeah? 1337 01:04:12,760 --> 01:04:13,200 Speaker 3: I thought it was. 1338 01:04:13,280 --> 01:04:19,200 Speaker 2: But mean, that's yeah, that he's Miles Hurrel is not 1339 01:04:19,400 --> 01:04:22,400 Speaker 2: a crook or responsible for the price of your butter directly, 1340 01:04:22,480 --> 01:04:24,600 Speaker 2: and he doesn't need to be harangued down the street, 1341 01:04:24,680 --> 01:04:24,920 Speaker 2: does he. 1342 01:04:25,960 --> 01:04:27,800 Speaker 25: Well, there are fair questions that people want to know 1343 01:04:27,880 --> 01:04:28,640 Speaker 25: the answers. 1344 01:04:30,000 --> 01:04:30,560 Speaker 13: The right way. 1345 01:04:31,240 --> 01:04:33,600 Speaker 25: Yeah, I'm agreeing with you. I don't think it was 1346 01:04:34,120 --> 01:04:36,720 Speaker 25: quite the right thing. I mean, he had several meetings 1347 01:04:36,800 --> 01:04:39,280 Speaker 25: with different parties, and I think people are really interested 1348 01:04:39,360 --> 01:04:41,720 Speaker 25: to know what's in behind some of those prices. But 1349 01:04:41,840 --> 01:04:43,760 Speaker 25: it's not it's not just butter. I mean it's it 1350 01:04:43,880 --> 01:04:46,280 Speaker 25: was when we had a yarn with him, it was 1351 01:04:46,320 --> 01:04:50,600 Speaker 25: about also, particularly in those Asian markets. It's it's protein 1352 01:04:50,800 --> 01:04:54,200 Speaker 25: rich foods like milk as wella are really in high demand. 1353 01:04:54,920 --> 01:04:58,240 Speaker 25: While that's a that's a good thing for our overall economy, 1354 01:04:58,640 --> 01:05:00,960 Speaker 25: it also hurts people who are trying to just buy 1355 01:05:01,000 --> 01:05:02,720 Speaker 25: foods kind of cutting. 1356 01:05:04,040 --> 01:05:05,960 Speaker 3: I didn't see the one news report, but what was it. 1357 01:05:06,360 --> 01:05:08,440 Speaker 2: Mar's horrible is a good god, he's a great guy. 1358 01:05:08,800 --> 01:05:11,840 Speaker 2: Mikey Sherman, who's the political editor, sort of tried to 1359 01:05:11,960 --> 01:05:14,440 Speaker 2: doorstop and while he was actually walking and sort of 1360 01:05:14,480 --> 01:05:19,280 Speaker 2: treated him like he'd done a ram raid. And the 1361 01:05:19,360 --> 01:05:21,600 Speaker 2: guy's just there for a meeting and she's going and 1362 01:05:21,920 --> 01:05:24,600 Speaker 2: is it too expensive? It's butter too expensive? But too 1363 01:05:24,640 --> 01:05:27,800 Speaker 2: expensive and it's just like he's just walking down the street. 1364 01:05:28,840 --> 01:05:31,040 Speaker 24: I tell you what, he's got his shoulders to the 1365 01:05:31,040 --> 01:05:33,720 Speaker 24: wheel in terms of promoting US as a country and 1366 01:05:33,760 --> 01:05:34,800 Speaker 24: get our products out there. 1367 01:05:34,840 --> 01:05:37,240 Speaker 3: And I mean I personally think he does a great job. 1368 01:05:37,280 --> 01:05:39,160 Speaker 2: I think he's done a magnificent job. And he's another 1369 01:05:39,280 --> 01:05:42,640 Speaker 2: example of why Tao Spearings was a disaster and he 1370 01:05:42,720 --> 01:05:45,160 Speaker 2: should have been there all along. Can you explain to 1371 01:05:45,280 --> 01:05:47,400 Speaker 2: me were you and the butter meeting, Ginny? 1372 01:05:49,240 --> 01:05:50,800 Speaker 25: We were one of the groups that met with a 1373 01:05:50,880 --> 01:05:52,240 Speaker 25: mess right, so do. 1374 01:05:52,320 --> 01:05:54,640 Speaker 2: You understand how butter is priced? And therefore there's no 1375 01:05:54,760 --> 01:05:56,400 Speaker 2: scandal here at the end of as much as you 1376 01:05:56,440 --> 01:05:58,160 Speaker 2: would like to make it into a scandal, there is 1377 01:05:58,240 --> 01:05:59,800 Speaker 2: no scandal here. We sell to the world in the 1378 01:06:00,080 --> 01:06:00,680 Speaker 2: US is the price. 1379 01:06:01,640 --> 01:06:03,720 Speaker 25: But the problem we have, Mike is it's not just butter. 1380 01:06:03,880 --> 01:06:07,200 Speaker 25: It's the price of electricity, other folk groups and cause 1381 01:06:07,280 --> 01:06:10,400 Speaker 25: costs as well, things like rates and insurance. It's all 1382 01:06:10,440 --> 01:06:11,880 Speaker 25: of those things, not just butter. 1383 01:06:11,960 --> 01:06:14,320 Speaker 2: They travel with that. And this is where Hipkinson's question 1384 01:06:14,480 --> 01:06:17,360 Speaker 2: yesterday comes in. The price of electricity is not the 1385 01:06:17,400 --> 01:06:19,440 Speaker 2: government's fault and the cost of rates is not the 1386 01:06:19,480 --> 01:06:22,360 Speaker 2: government's fault, and so what are the government is supposed 1387 01:06:22,360 --> 01:06:22,480 Speaker 2: to do? 1388 01:06:23,320 --> 01:06:23,480 Speaker 12: Well? 1389 01:06:23,680 --> 01:06:27,040 Speaker 25: I would debate that k Kenning water infrastructure projects across 1390 01:06:27,080 --> 01:06:30,000 Speaker 25: New Zealand has resulted in rates increasing. So I would 1391 01:06:30,040 --> 01:06:32,280 Speaker 25: say that that one is the government's fault. We had 1392 01:06:32,280 --> 01:06:34,720 Speaker 25: a plan in place to fix water infrastructure would have 1393 01:06:34,800 --> 01:06:37,439 Speaker 25: kept rates lower. They threw that out and the cost 1394 01:06:37,600 --> 01:06:39,240 Speaker 25: of that is rates going up for you. 1395 01:06:40,040 --> 01:06:42,320 Speaker 2: Okay, we'll take a break mark. You can never say 1396 01:06:42,320 --> 01:06:43,840 Speaker 2: in a moment. Fourteen past Yeah. 1397 01:06:44,320 --> 01:06:48,720 Speaker 1: The Mic Asking Breakfast Full Show podcast on iHeartRadio, cow 1398 01:06:48,800 --> 01:06:50,000 Speaker 1: It by News talks. 1399 01:06:49,720 --> 01:06:53,680 Speaker 2: It Balks sixteen Past Night, Jimmy Anderson, Mark Mitchell with 1400 01:06:53,800 --> 01:06:55,840 Speaker 2: us Marke Sorry, you were going to say, you want 1401 01:06:55,880 --> 01:06:57,840 Speaker 2: to say something about the electricity cost. I mean, you've 1402 01:06:57,840 --> 01:06:59,800 Speaker 2: got to cap these councils for start, because that there 1403 01:06:59,840 --> 01:07:01,680 Speaker 2: are control and this is inflationary. 1404 01:07:02,960 --> 01:07:05,080 Speaker 24: Yeah, and just get them focused back on their core role. 1405 01:07:05,160 --> 01:07:07,640 Speaker 24: So you know, that is critically important, and Solomon Watts 1406 01:07:08,280 --> 01:07:10,520 Speaker 24: is doing some work around that, and I'll be having 1407 01:07:10,560 --> 01:07:12,800 Speaker 24: some input on that too, especially on the emergency management 1408 01:07:12,840 --> 01:07:14,920 Speaker 24: side of it, because I've been working with, you know, 1409 01:07:14,960 --> 01:07:16,800 Speaker 24: a lot of the councils around the country and certainly 1410 01:07:16,840 --> 01:07:18,439 Speaker 24: see the good things that are happening, but have also 1411 01:07:18,480 --> 01:07:21,280 Speaker 24: identified where there's efficiencies that have been gained as well. 1412 01:07:21,320 --> 01:07:24,360 Speaker 24: But look at the end of the day on the 1413 01:07:24,440 --> 01:07:26,240 Speaker 24: economy is that you know that we've got it. We 1414 01:07:26,320 --> 01:07:29,960 Speaker 24: had a mountain of debt, interest rates were extremely high, 1415 01:07:30,120 --> 01:07:33,480 Speaker 24: and inflation was high, and under this government we've brought 1416 01:07:33,520 --> 01:07:35,960 Speaker 24: all of those things down. What's difficult, we've got there 1417 01:07:36,000 --> 01:07:38,160 Speaker 24: are some leavers that the government can pull and we 1418 01:07:38,280 --> 01:07:41,120 Speaker 24: are using. We're doing everything that we can to do that, 1419 01:07:41,200 --> 01:07:42,720 Speaker 24: and there's some leavers that we don't control. 1420 01:07:42,840 --> 01:07:44,880 Speaker 2: What's interesting about that, though, Mark is the pole that 1421 01:07:44,960 --> 01:07:47,160 Speaker 2: came out yesterday, and so the question is the country 1422 01:07:47,240 --> 01:07:48,919 Speaker 2: going in the right direction and the majority of people 1423 01:07:48,960 --> 01:07:52,720 Speaker 2: fifty one percent just say no. Now, politically that doesn't 1424 01:07:52,720 --> 01:07:55,520 Speaker 2: play well for you. If you accept your argument, I 1425 01:07:55,680 --> 01:07:58,520 Speaker 2: get it. But the politics may well be different. They 1426 01:07:58,600 --> 01:08:00,919 Speaker 2: may well be labor may well be you. Hepkin stands 1427 01:08:01,000 --> 01:08:02,640 Speaker 2: up and goes, look at the price of tomatoes, Look 1428 01:08:02,680 --> 01:08:04,440 Speaker 2: at the price of butter, Look at the price. And 1429 01:08:04,480 --> 01:08:07,040 Speaker 2: everyone goes, yeah, exactly, you're in trouble. 1430 01:08:08,280 --> 01:08:09,800 Speaker 24: Well, I mean, we knew that it was going to 1431 01:08:09,840 --> 01:08:11,440 Speaker 24: be tough, you know, we didn't take the job on 1432 01:08:11,560 --> 01:08:12,480 Speaker 24: knowing it was going to be easy. 1433 01:08:12,520 --> 01:08:13,920 Speaker 3: And this is the setting to him around from me. 1434 01:08:14,000 --> 01:08:16,080 Speaker 3: I was in the last National Gum til we get 1435 01:08:16,080 --> 01:08:17,639 Speaker 3: to do executly the same thing we had to come. 1436 01:08:17,600 --> 01:08:19,960 Speaker 24: And clean up the economy and get moving again, where 1437 01:08:20,080 --> 01:08:22,920 Speaker 24: this time has been harder because we had more debt 1438 01:08:23,439 --> 01:08:25,479 Speaker 24: and infistrates for higher inflation side. 1439 01:08:25,520 --> 01:08:27,200 Speaker 3: But we are moving in the right direction. 1440 01:08:27,360 --> 01:08:31,400 Speaker 24: We're fully focused on growth and you know we've we've 1441 01:08:31,520 --> 01:08:33,080 Speaker 24: been relentless and how we approached it. 1442 01:08:33,360 --> 01:08:36,400 Speaker 2: Just being and if you can clear up your signal, yeah, sorry, 1443 01:08:36,479 --> 01:08:37,880 Speaker 2: dream in the shower or something. 1444 01:08:39,400 --> 01:08:42,360 Speaker 25: Well, I think the problem we've got. The problem we've 1445 01:08:42,360 --> 01:08:46,000 Speaker 25: got is that Christopher Luxon promised to make the cost 1446 01:08:46,040 --> 01:08:47,800 Speaker 25: of look better, so we went out in an election 1447 01:08:47,960 --> 01:08:51,080 Speaker 25: campaign and really upsold the fact that the cost of 1448 01:08:51,160 --> 01:08:53,439 Speaker 25: living relief would be coming. So I think your keywis 1449 01:08:53,479 --> 01:08:55,599 Speaker 25: are simple in the sense that if they've been promised something, 1450 01:08:55,640 --> 01:08:58,640 Speaker 25: they're expecting to see that. And we're a fear way 1451 01:08:58,720 --> 01:09:01,240 Speaker 25: into this government now and people are still hurting. So 1452 01:09:01,280 --> 01:09:02,439 Speaker 25: I think that's the problem. 1453 01:09:02,479 --> 01:09:04,960 Speaker 2: That it's an interesting, interesting eighteen months. 1454 01:09:05,479 --> 01:09:07,960 Speaker 24: We're eighteen months and after six years of a labor 1455 01:09:08,120 --> 01:09:10,160 Speaker 24: government that put us in the situation that we are in. 1456 01:09:10,680 --> 01:09:12,000 Speaker 3: We inherited this issue. 1457 01:09:12,040 --> 01:09:13,920 Speaker 24: We're working really hard and by the way it's gone on, 1458 01:09:14,720 --> 01:09:17,240 Speaker 24: no I just I just want to correct you on that. 1459 01:09:17,360 --> 01:09:20,360 Speaker 24: One is that when you're in government, inflation was at 1460 01:09:20,400 --> 01:09:23,240 Speaker 24: seven plus percent, and it was there for way too long. 1461 01:09:23,400 --> 01:09:25,760 Speaker 24: We've now got it down to two point seven. When 1462 01:09:25,800 --> 01:09:28,360 Speaker 24: you're in government, interest rates people were almost having to 1463 01:09:28,439 --> 01:09:29,920 Speaker 24: double what they're paying on their mortgages. 1464 01:09:29,960 --> 01:09:31,920 Speaker 3: All right, So now we're now rejecting that. 1465 01:09:32,080 --> 01:09:35,519 Speaker 2: Okay, fair enough, Quick question for you, Jinny. Come. I 1466 01:09:35,880 --> 01:09:40,120 Speaker 2: keep wanting to call a Karmela Camilla Balach and her her, 1467 01:09:40,280 --> 01:09:41,599 Speaker 2: let's all talk about our. 1468 01:09:41,560 --> 01:09:44,680 Speaker 25: Pay and income bill, is Markel said, doesn't he? 1469 01:09:45,120 --> 01:09:47,680 Speaker 2: Well, the NATS are on board. What what what's the 1470 01:09:47,880 --> 01:09:50,880 Speaker 2: point given that everyone's just going to hate everyone. 1471 01:09:51,720 --> 01:09:54,040 Speaker 25: I did read your piece on it, and then I thought, 1472 01:09:54,120 --> 01:09:57,400 Speaker 25: of there's patransparency in your workplace. You'd have to make 1473 01:09:57,439 --> 01:09:59,679 Speaker 25: your own coffee and definitely make your own cheese toasty, 1474 01:09:59,720 --> 01:10:03,880 Speaker 25: because that would be dangerous indeed. So but I think 1475 01:10:03,920 --> 01:10:06,439 Speaker 25: the point that is you don't have to tell everyone. 1476 01:10:06,560 --> 01:10:09,720 Speaker 25: It just means that your boss can't stop you from 1477 01:10:09,800 --> 01:10:10,320 Speaker 25: telling people. 1478 01:10:10,439 --> 01:10:12,439 Speaker 2: Yeah, but I think, but beyond that, what is it 1479 01:10:12,600 --> 01:10:15,840 Speaker 2: going to achieve? Because you know how people are. The 1480 01:10:15,960 --> 01:10:18,200 Speaker 2: moment I find out that you're earning more than I 1481 01:10:18,320 --> 01:10:20,240 Speaker 2: am I hate you and you hate me and it's 1482 01:10:20,280 --> 01:10:23,200 Speaker 2: a bitch session. So beyond that as a piece of law, 1483 01:10:23,240 --> 01:10:24,000 Speaker 2: what does it achieve. 1484 01:10:24,920 --> 01:10:28,720 Speaker 25: It means that it helps address unfairness in the workplace. Yeah, 1485 01:10:28,720 --> 01:10:31,880 Speaker 25: but so fairness, well, I mean I've been in a 1486 01:10:31,960 --> 01:10:35,400 Speaker 25: situation where I've had say five years more experience, a 1487 01:10:35,479 --> 01:10:38,680 Speaker 25: better qualification, and you find out that someone else is 1488 01:10:38,720 --> 01:10:41,880 Speaker 25: getting paid more than you when you feel like you're 1489 01:10:41,960 --> 01:10:44,439 Speaker 25: doing the same work all or great event. And so 1490 01:10:44,880 --> 01:10:49,840 Speaker 25: those pay gig clauses mean that it means you can't 1491 01:10:49,960 --> 01:10:54,960 Speaker 25: just find out where you're at. So more transparency means unfairness, discrimination, 1492 01:10:55,439 --> 01:10:59,040 Speaker 25: even long standing sort of gender gaps along those areas. 1493 01:10:59,080 --> 01:11:01,599 Speaker 25: And I think that's when supporting they took a head 1494 01:11:01,640 --> 01:11:05,120 Speaker 25: on pay equity, and so this is why are. 1495 01:11:05,080 --> 01:11:07,559 Speaker 2: You supporting it, Mark, because I can't work it out. 1496 01:11:08,920 --> 01:11:10,880 Speaker 24: To be honest with you and what they're engaged in 1497 01:11:10,920 --> 01:11:18,240 Speaker 24: this isolio. I think as long as it's not compulsory, 1498 01:11:19,000 --> 01:11:20,160 Speaker 24: I think that's that's important. 1499 01:11:20,160 --> 01:11:21,640 Speaker 2: You want to put your chinos on and grab a 1500 01:11:21,720 --> 01:11:23,719 Speaker 2: backpack and bugger off to situation. 1501 01:11:24,160 --> 01:11:26,600 Speaker 3: No, no, no, we need a break. We need a 1502 01:11:26,640 --> 01:11:28,200 Speaker 3: break from the from the weather stuff. I think the 1503 01:11:28,240 --> 01:11:31,240 Speaker 3: Old Country does. But yeah, as long as not compulsory. 1504 01:11:31,400 --> 01:11:33,240 Speaker 2: Who would have who would have made the decision? How 1505 01:11:33,280 --> 01:11:35,760 Speaker 2: does the party who would have made the decision to go, Yep, 1506 01:11:35,800 --> 01:11:36,479 Speaker 2: we'll we'll back that. 1507 01:11:36,800 --> 01:11:41,320 Speaker 24: Who decides, Well, ultimately it's a it'll be a caucus decision, 1508 01:11:41,360 --> 01:11:43,200 Speaker 24: but of course it will be the portfolio holder. 1509 01:11:44,400 --> 01:11:50,680 Speaker 2: What was it for portfolio? Who's what? What's what's Camilla's portfolio? 1510 01:11:50,920 --> 01:11:52,439 Speaker 2: What's under what? Specific? 1511 01:11:53,439 --> 01:11:55,320 Speaker 3: That's probably that's probably. 1512 01:11:56,560 --> 01:11:57,880 Speaker 2: How is supporting this? 1513 01:11:58,800 --> 01:12:01,360 Speaker 25: Which is not? That's any national So when New Zealand 1514 01:12:01,400 --> 01:12:04,120 Speaker 25: first and at aren't supporting it, but national are, so 1515 01:12:04,240 --> 01:12:06,640 Speaker 25: that indicates that they felt they took a hit on 1516 01:12:06,720 --> 01:12:09,120 Speaker 25: pay equity, that people were angry about that. So this 1517 01:12:09,320 --> 01:12:10,880 Speaker 25: is some kind of appeasement towards them. 1518 01:12:11,680 --> 01:12:13,960 Speaker 24: Well, well, it's weird that you call in your own 1519 01:12:14,000 --> 01:12:15,840 Speaker 24: bill and appiecement. Either you back it or you don't. 1520 01:12:15,880 --> 01:12:18,519 Speaker 25: But now I'm saying you are appeasing pay the fact 1521 01:12:18,560 --> 01:12:21,040 Speaker 25: that you voted down to pay equity, and it's weird. 1522 01:12:21,400 --> 01:12:23,759 Speaker 2: Can you can you mark find out just who changed 1523 01:12:23,800 --> 01:12:26,160 Speaker 2: your mind? Well, you know who decided national this is 1524 01:12:26,160 --> 01:12:28,280 Speaker 2: the thing, because I just think it's weird. Jenny, real 1525 01:12:28,400 --> 01:12:33,280 Speaker 2: quick the by election in Tom McKee Mikado. How intense 1526 01:12:33,360 --> 01:12:34,800 Speaker 2: do you think the battle will be? Is this a 1527 01:12:34,880 --> 01:12:36,120 Speaker 2: genuine contest? Do you reckon? 1528 01:12:36,880 --> 01:12:37,000 Speaker 3: Oh? 1529 01:12:37,040 --> 01:12:40,200 Speaker 25: It definitely is a genuine content contest. And penaking that 1530 01:12:40,280 --> 01:12:43,320 Speaker 25: day is excellent and he's working incredibly hard, So no 1531 01:12:43,400 --> 01:12:45,040 Speaker 25: doubt about it. It's going to be It's going to 1532 01:12:45,040 --> 01:12:46,479 Speaker 25: be a real contest in a tough fight. 1533 01:12:46,640 --> 01:12:47,960 Speaker 2: You think people were much in it? 1534 01:12:49,240 --> 01:12:51,760 Speaker 25: Well by elections are always harder to engage people. We 1535 01:12:51,880 --> 01:12:54,519 Speaker 25: know that, but we know how to also go door 1536 01:12:54,560 --> 01:12:56,560 Speaker 25: to door, to go out and talk to people and 1537 01:12:56,680 --> 01:12:59,080 Speaker 25: to motivate them to get out and vote, and we'll 1538 01:12:59,120 --> 01:12:59,519 Speaker 25: be doing. 1539 01:12:59,400 --> 01:13:02,479 Speaker 2: A very Judith Collins is the answer. Mark Public Services 1540 01:13:02,560 --> 01:13:03,920 Speaker 2: is what it comes under. I got a motor eight 1541 01:13:03,960 --> 01:13:07,120 Speaker 2: twenty three, Thank the. 1542 01:13:07,280 --> 01:13:11,400 Speaker 1: Mic asking Breakfast with the land Rover, Discovery News, togs. 1543 01:13:11,360 --> 01:13:14,120 Speaker 2: V question, as a manager or business owner, where do 1544 01:13:14,280 --> 01:13:16,160 Speaker 2: you go for advice for tricky people problems? 1545 01:13:16,240 --> 01:13:16,360 Speaker 10: Oh? 1546 01:13:16,479 --> 01:13:19,320 Speaker 2: Chat GPT good place to start, But who's to say 1547 01:13:19,360 --> 01:13:22,000 Speaker 2: that information is accurate? And where is it's sourcing those 1548 01:13:22,040 --> 01:13:24,360 Speaker 2: answers from anyway? So how about an HR consultant or 1549 01:13:24,400 --> 01:13:26,599 Speaker 2: a lawyer. Well, the time spent answering those questions will 1550 01:13:26,600 --> 01:13:28,560 Speaker 2: add up very very quickly and hit you where it 1551 01:13:28,640 --> 01:13:31,479 Speaker 2: hurts most and you know where, or or you could 1552 01:13:31,520 --> 01:13:33,519 Speaker 2: simply ignore the problem. I hope it goes away. Not 1553 01:13:33,640 --> 01:13:36,000 Speaker 2: a great option either. So this is where my HR 1554 01:13:36,160 --> 01:13:39,040 Speaker 2: comes and remember the name my HR. They truly get 1555 01:13:39,479 --> 01:13:42,479 Speaker 2: qesmb all in one HR platform. It handles all your 1556 01:13:42,560 --> 01:13:44,960 Speaker 2: day to day performance management. You leave your hiring functions 1557 01:13:45,000 --> 01:13:47,519 Speaker 2: a whole lot plus backed by on call support from 1558 01:13:47,560 --> 01:13:50,320 Speaker 2: real HR advisors that are always available when you need 1559 01:13:50,400 --> 01:13:52,760 Speaker 2: to answer those tricky questions. So you struggling with poor 1560 01:13:52,760 --> 01:13:55,519 Speaker 2: employee performance, if you're unsure, if you're calculating the holiday 1561 01:13:55,600 --> 01:13:58,240 Speaker 2: pay ride or any of the other HR related issues 1562 01:13:58,360 --> 01:14:00,839 Speaker 2: under the sun, get in touch with the good folks 1563 01:14:00,960 --> 01:14:04,400 Speaker 2: at my HR. So here's where you go. My HR 1564 01:14:04,800 --> 01:14:08,400 Speaker 2: dot works. That is my mosking, that is my HR 1565 01:14:08,760 --> 01:14:11,880 Speaker 2: dot works. Mike, when will we get Tamar's report on 1566 01:14:12,000 --> 01:14:15,559 Speaker 2: the alleged rot into the last Tammicky mccaro election before 1567 01:14:15,600 --> 01:14:19,960 Speaker 2: this one? keV, you're confusing your investigations there. We have 1568 01:14:20,120 --> 01:14:23,240 Speaker 2: multiple investigations. But I'll come back and explain it all 1569 01:14:23,400 --> 01:14:25,240 Speaker 2: for you shortly after the news, which is next, and 1570 01:14:25,280 --> 01:14:27,479 Speaker 2: then we will go to Australia and the great Stephen 1571 01:14:27,520 --> 01:14:28,880 Speaker 2: Price here at News Talk. 1572 01:14:28,800 --> 01:14:35,679 Speaker 1: SEB, News opinion and everything in between. The Mike Hosking 1573 01:14:35,760 --> 01:14:40,599 Speaker 1: break best with Bailey's real estate altogether better across residential, commercial, 1574 01:14:40,760 --> 01:14:42,160 Speaker 1: and rural news talks head B. 1575 01:14:42,320 --> 01:14:45,240 Speaker 2: If you come back to the Kev's text, where when 1576 01:14:45,320 --> 01:14:48,000 Speaker 2: will we get Tamar's report on the alleged rot excuse 1577 01:14:48,040 --> 01:14:50,799 Speaker 2: me and the Tummicky mccaro election before the two separate 1578 01:14:50,840 --> 01:14:55,960 Speaker 2: things keep one tama Po Tarka is after the oraung 1579 01:14:56,000 --> 01:15:01,040 Speaker 2: a Tamariki report. The oung Tamariki report involved them hiring 1580 01:15:01,080 --> 01:15:04,760 Speaker 2: talma Et to try and allegedly electioneer people into the 1581 01:15:04,840 --> 01:15:07,640 Speaker 2: Maori roll, and at the same time there was a 1582 01:15:07,800 --> 01:15:11,080 Speaker 2: Tamariki money went to the Pacific Rugby super Rugby. 1583 01:15:11,560 --> 01:15:13,680 Speaker 17: You mean it gets very good fast, so. 1584 01:15:15,160 --> 01:15:18,840 Speaker 2: I've kibbed. That's quite right. So even more Bangora, you're 1585 01:15:18,880 --> 01:15:21,960 Speaker 2: quite You're quite right, my sincere apologies. The election thing 1586 01:15:22,680 --> 01:15:25,040 Speaker 2: is that the Serious Fraud Office, so the police were 1587 01:15:25,080 --> 01:15:27,200 Speaker 2: looking into it. That's now the Serious broad Office has 1588 01:15:27,280 --> 01:15:28,720 Speaker 2: been for I would say, what would it be a 1589 01:15:28,800 --> 01:15:30,320 Speaker 2: month plus well over a month or now? 1590 01:15:30,560 --> 01:15:33,160 Speaker 17: So who who can tell me how I can apply 1591 01:15:33,320 --> 01:15:35,400 Speaker 17: for some fun at Aura funding. 1592 01:15:35,760 --> 01:15:39,559 Speaker 2: Kibken kiv Can kip Can twenty two minutes away from nine. 1593 01:15:40,200 --> 01:15:44,080 Speaker 15: International correspondence with ends in eye insurance, peace of mind 1594 01:15:44,160 --> 01:15:46,040 Speaker 15: for New Zealand business in Australi we go. 1595 01:15:46,080 --> 01:15:49,400 Speaker 2: Stephen, A very good morning to you. Now this business 1596 01:15:49,479 --> 01:15:53,040 Speaker 2: of the superfund and the super tax, I'm reading a 1597 01:15:53,160 --> 01:15:55,919 Speaker 2: very good piece this morning that it's it's some researchers 1598 01:15:55,960 --> 01:15:59,280 Speaker 2: coming out from a think tank I think today around 1599 01:15:59,439 --> 01:16:03,160 Speaker 2: tax and around changes, and they're suggesting that Australia, unless 1600 01:16:03,200 --> 01:16:05,679 Speaker 2: you get your act together and fairly quickly, Australia risks 1601 01:16:05,720 --> 01:16:11,320 Speaker 2: becoming quote unquote a welfare state without spending and productivity fixes. 1602 01:16:11,880 --> 01:16:14,679 Speaker 2: And this dovetails into yesterday in the opening of Parliament 1603 01:16:14,840 --> 01:16:17,320 Speaker 2: and Albanisi and the poll that came out that says 1604 01:16:17,439 --> 01:16:20,920 Speaker 2: that Australia really, although electing alban easy with vast numbers, 1605 01:16:21,520 --> 01:16:24,559 Speaker 2: is not in for major upheaval in terms of policy 1606 01:16:24,680 --> 01:16:27,160 Speaker 2: and tax and all of that. So where are we at? 1607 01:16:28,000 --> 01:16:31,400 Speaker 10: Yeah, that sounds right. I mean, this superannuation tax is 1608 01:16:31,479 --> 01:16:34,240 Speaker 10: something that's sat in the Parliament for two years, flared 1609 01:16:34,320 --> 01:16:36,759 Speaker 10: up again during the election campaign, a lot of critics 1610 01:16:36,800 --> 01:16:39,519 Speaker 10: of it. Basically, what everyone's upset about is anyone who's 1611 01:16:39,560 --> 01:16:41,759 Speaker 10: got a fun that has more than three million dollars 1612 01:16:41,800 --> 01:16:44,720 Speaker 10: in it, and that sounds generous, I know will be 1613 01:16:44,920 --> 01:16:48,840 Speaker 10: taxed if this law goes through unrealized profits. So say 1614 01:16:48,880 --> 01:16:50,840 Speaker 10: you've got three and a half million on the five 1615 01:16:50,960 --> 01:16:55,320 Speaker 10: hundred thousand over three if you're making profits on shares 1616 01:16:55,400 --> 01:16:58,080 Speaker 10: that you might hold, or worse, if you are a 1617 01:16:58,280 --> 01:17:01,280 Speaker 10: farm and a farmer has his in a super fund 1618 01:17:01,760 --> 01:17:05,479 Speaker 10: and that farm makes a profit, normally everything over the 1619 01:17:05,600 --> 01:17:09,679 Speaker 10: three would be taxed at a rate of fifteen percent. 1620 01:17:10,280 --> 01:17:13,400 Speaker 10: Now huge funds has come out today and I'm suspicious 1621 01:17:13,439 --> 01:17:16,320 Speaker 10: of this. It's called host Plus. It's got one point 1622 01:17:16,360 --> 01:17:20,439 Speaker 10: eight million members. Mainly these super funds are industry funds 1623 01:17:20,520 --> 01:17:24,080 Speaker 10: with union members as members. They've come out and said, look, 1624 01:17:24,080 --> 01:17:26,519 Speaker 10: there's not been enough consultation, we need to reconsider this, 1625 01:17:27,040 --> 01:17:30,080 Speaker 10: and Jim Chalmers, you need to have another think about it. Now. 1626 01:17:30,640 --> 01:17:35,160 Speaker 10: This fund includes on the board the former United Workers' 1627 01:17:35,200 --> 01:17:40,200 Speaker 10: Union State Secretary bo called Gary Bollock and the ex 1628 01:17:40,280 --> 01:17:44,400 Speaker 10: Prime Minister Kevin Rudds daughter Jessica Rutt. Now I suspect 1629 01:17:44,720 --> 01:17:48,160 Speaker 10: that charmers in the back channel has got this super 1630 01:17:48,240 --> 01:17:51,439 Speaker 10: fund to come out and criticize his own super tax 1631 01:17:52,280 --> 01:17:54,040 Speaker 10: in a bit to get the conversation back up and 1632 01:17:54,160 --> 01:17:56,519 Speaker 10: rolling to allow him to roll it back. Am I 1633 01:17:56,640 --> 01:17:59,640 Speaker 10: being cynical? Am I being a little suspicious? Yes? I am, 1634 01:17:59,760 --> 01:18:02,720 Speaker 10: But that's what it's to me. Is written all over that. 1635 01:18:03,240 --> 01:18:05,120 Speaker 2: Let me quote you the poll from yesterday. This is 1636 01:18:05,160 --> 01:18:08,799 Speaker 2: regards the tax system. Thirty six percent believe the government 1637 01:18:08,840 --> 01:18:13,120 Speaker 2: should use its majority for major reform. Thirty two percent 1638 01:18:13,200 --> 01:18:16,200 Speaker 2: are oppose to that. Thirty two percent don't know. Not 1639 01:18:16,280 --> 01:18:18,719 Speaker 2: a lot of support for changing the base around GST. 1640 01:18:19,000 --> 01:18:21,240 Speaker 2: So what do you reckon the vibe? Is a people 1641 01:18:21,320 --> 01:18:22,040 Speaker 2: up for much or not? 1642 01:18:23,320 --> 01:18:25,519 Speaker 10: I think people would wear a GST increase. I mean, 1643 01:18:25,560 --> 01:18:27,760 Speaker 10: it's difficult that the states's got to all agree and 1644 01:18:27,880 --> 01:18:29,800 Speaker 10: the federal government, and to get all the states and 1645 01:18:29,920 --> 01:18:32,960 Speaker 10: the federal government to ground anything's the most impossible. But 1646 01:18:33,080 --> 01:18:37,000 Speaker 10: I think people would prefer a simple explanation of why 1647 01:18:37,320 --> 01:18:40,920 Speaker 10: we need to we're broke, we need to get productivity 1648 01:18:41,000 --> 01:18:43,920 Speaker 10: up and running, and we need to get people to 1649 01:18:44,000 --> 01:18:46,839 Speaker 10: pay more tax But people don't want more personal taxes. 1650 01:18:46,880 --> 01:18:49,160 Speaker 10: The states are whacking them hard enough as it is, 1651 01:18:49,360 --> 01:18:52,160 Speaker 10: and so what they would prefer, I believe, is to 1652 01:18:52,280 --> 01:18:55,360 Speaker 10: have a slight increase on the GST and cut a 1653 01:18:55,560 --> 01:18:59,000 Speaker 10: number of other fringe taxes and get them out of 1654 01:18:59,040 --> 01:19:00,400 Speaker 10: their lives, out with. 1655 01:19:00,400 --> 01:19:01,080 Speaker 2: The calm games. 1656 01:19:01,760 --> 01:19:05,000 Speaker 10: Oh my god, Harold Zun's got this story this morning. 1657 01:19:05,080 --> 01:19:09,519 Speaker 10: Ever heard of Gout Gout Oh the runner, Yes, fastest 1658 01:19:09,640 --> 01:19:12,240 Speaker 10: man in the world. They say he could be the 1659 01:19:12,320 --> 01:19:15,080 Speaker 10: best ever. He's going to run up the twenty twenty 1660 01:19:15,120 --> 01:19:20,000 Speaker 10: six Conwath Games in Glasgow. This guy is a genuine 1661 01:19:20,040 --> 01:19:24,320 Speaker 10: Olympic chance for gold when it gets to Brisbane. He's 1662 01:19:24,360 --> 01:19:29,080 Speaker 10: only sixteen years old. He's a running sensation. Gout's management 1663 01:19:29,160 --> 01:19:31,959 Speaker 10: has confirmed her race in the one hundred meters in Glasgow. 1664 01:19:32,479 --> 01:19:37,479 Speaker 10: Now remember who was funding the Glasgow Games. Victoria has 1665 01:19:37,520 --> 01:19:40,679 Speaker 10: spent three hundred million getting out of running the games. 1666 01:19:41,000 --> 01:19:42,880 Speaker 10: Can you imagine what it would have been like having 1667 01:19:42,920 --> 01:19:45,360 Speaker 10: Goutgout run around the mcg and the one hundred meters 1668 01:19:45,400 --> 01:19:47,920 Speaker 10: of the Coonwak Games next year. It's not only that 1669 01:19:48,160 --> 01:19:52,799 Speaker 10: it gets even worse. You are talking about Australian swimmers, 1670 01:19:53,160 --> 01:19:57,200 Speaker 10: people like Ariane and Tipmas. I mean they are just superstars. Well, 1671 01:19:57,200 --> 01:20:00,559 Speaker 10: they're going to go up against Canadians swimming Super Summer 1672 01:20:00,640 --> 01:20:04,000 Speaker 10: Macintosh and it's going to be billed the guns as 1673 01:20:04,080 --> 01:20:07,479 Speaker 10: one of the most exciting ever in history of the 1674 01:20:07,560 --> 01:20:08,559 Speaker 10: Commonwealth Games. 1675 01:20:08,680 --> 01:20:12,879 Speaker 2: It's all for today, Oh Dan Andrews. 1676 01:20:12,920 --> 01:20:13,679 Speaker 10: Good on you, mate. 1677 01:20:13,720 --> 01:20:17,240 Speaker 2: I mean, you know what, seriously, what a political genius 1678 01:20:17,960 --> 01:20:21,120 Speaker 2: Melbourne University, which my daughter, by the way, still speaks 1679 01:20:21,240 --> 01:20:24,639 Speaker 2: very highly of. I haven't quite worked out why she's 1680 01:20:24,680 --> 01:20:26,719 Speaker 2: doing well in life, so I'm assuming that's the reason. 1681 01:20:26,800 --> 01:20:29,760 Speaker 2: But hiring a vape polic well, yeah it is. But 1682 01:20:29,800 --> 01:20:31,200 Speaker 2: they're hiring a vape policeman. 1683 01:20:31,360 --> 01:20:37,040 Speaker 10: So I mean, well, you know university, so Parkville is 1684 01:20:37,040 --> 01:20:39,360 Speaker 10: where it is at. As you know, this person is 1685 01:20:39,439 --> 01:20:41,800 Speaker 10: going to be paid one hundred thousand dollars a year. 1686 01:20:42,360 --> 01:20:44,840 Speaker 10: The ad was up yesterday. It's the role of Vaping 1687 01:20:44,960 --> 01:20:48,960 Speaker 10: Prevention Project Officer. The candidate will, I'm reading from the ad, 1688 01:20:49,080 --> 01:20:54,040 Speaker 10: lead Parkville University's impactful vaping Prevention project, which will make 1689 01:20:54,080 --> 01:20:57,599 Speaker 10: a lasting impact on student help. It will include creating 1690 01:20:57,640 --> 01:21:01,400 Speaker 10: a vaping prevention plan, delivering rip shops, and promoting anti 1691 01:21:01,520 --> 01:21:04,360 Speaker 10: vaping campaigns to students. As if they're going to listen 1692 01:21:04,400 --> 01:21:06,920 Speaker 10: to that. The ad goes on to say, I might 1693 01:21:06,960 --> 01:21:10,040 Speaker 10: apply for this. Actually, you'll lead a groundbreaking initiative to 1694 01:21:10,160 --> 01:21:13,799 Speaker 10: address vaping among unique students. Your role will be crucial 1695 01:21:14,280 --> 01:21:18,559 Speaker 10: in shaping healthier campus environments and contributing to impactful research 1696 01:21:18,640 --> 01:21:21,000 Speaker 10: on vaping prevention strategies. How's that for a job? 1697 01:21:21,439 --> 01:21:23,360 Speaker 2: Fantastic? All right, mate, you're on Friday, so I look 1698 01:21:23,360 --> 01:21:25,840 Speaker 2: forward to your company. This deprice out of Australia. That report, 1699 01:21:25,880 --> 01:21:28,679 Speaker 2: by the way, which is coming out today, talks about 1700 01:21:28,720 --> 01:21:31,800 Speaker 2: GDP growth in Australia being subdued. It's the Center for 1701 01:21:31,880 --> 01:21:35,920 Speaker 2: Independent Studies productivity and economic growth being affected by overall 1702 01:21:35,960 --> 01:21:38,439 Speaker 2: government spending. And they give some numbers. These are for 1703 01:21:38,520 --> 01:21:41,439 Speaker 2: all the New Zealanders looking to scarper, thinking that Australia 1704 01:21:41,520 --> 01:21:43,840 Speaker 2: is the land of milk and honey. Spending by all 1705 01:21:43,920 --> 01:21:46,040 Speaker 2: levels of governments has increased from about thirty four to 1706 01:21:46,120 --> 01:21:48,160 Speaker 2: thirty five percent of GDP in the late nineties to 1707 01:21:48,240 --> 01:21:50,439 Speaker 2: two thousand and eight. It's now between thirty eight and 1708 01:21:50,479 --> 01:21:52,560 Speaker 2: thirty nine percent and growing. Now listen to this and 1709 01:21:52,560 --> 01:21:55,800 Speaker 2: see it applies, they argue to them, but also to us. 1710 01:21:55,920 --> 01:22:01,440 Speaker 2: It has created all of this largess created a formidable 1711 01:22:01,560 --> 01:22:06,560 Speaker 2: block of people who are reliant on government expenditure opposed 1712 01:22:06,880 --> 01:22:11,760 Speaker 2: to restraint. The honeymoon of debt funded large es is over. 1713 01:22:12,600 --> 01:22:17,160 Speaker 2: Without a determined reset of expectation, Australia risks sliding into 1714 01:22:17,240 --> 01:22:21,640 Speaker 2: a European style welfare state. And there they go, and 1715 01:22:21,720 --> 01:22:24,880 Speaker 2: there we go as well. I sixteen to two, The 1716 01:22:25,320 --> 01:22:29,639 Speaker 2: Asking Breakfast Full Show podcast on iHeartRadio powered by News 1717 01:22:29,720 --> 01:22:33,120 Speaker 2: Talks at B thirteen away from nine. I won't bore 1718 01:22:33,160 --> 01:22:35,040 Speaker 2: you with a fine detail. But Trump had to go 1719 01:22:35,160 --> 01:22:38,160 Speaker 2: at Obama. It's all part of this idea that we 1720 01:22:38,320 --> 01:22:41,720 Speaker 2: need to distract you from Epstein. And so he was 1721 01:22:41,760 --> 01:22:43,880 Speaker 2: banging on about Obarma and what a crook Obama was, 1722 01:22:43,920 --> 01:22:45,439 Speaker 2: and now he's going to chase a barmar. He should 1723 01:22:45,439 --> 01:22:47,800 Speaker 2: have put Clinton in jail, as in Hillary, but he didn't, 1724 01:22:47,840 --> 01:22:50,000 Speaker 2: and now he's going to try and put Obamara in jail. 1725 01:22:50,080 --> 01:22:52,439 Speaker 2: He was off and running about that, and then he 1726 01:22:52,560 --> 01:22:54,120 Speaker 2: was talking about the office. He was sitting there with 1727 01:22:54,200 --> 01:22:57,559 Speaker 2: the President of at the Philippines, Marcos, in the office, 1728 01:22:57,640 --> 01:22:59,240 Speaker 2: and he was going, Obama was here and he was 1729 01:22:59,280 --> 01:23:00,600 Speaker 2: doing this, and he was doing that, and then all 1730 01:23:00,640 --> 01:23:01,320 Speaker 2: of a sudden he did this. 1731 01:23:01,600 --> 01:23:03,400 Speaker 4: This is much more beautiful than it was then. But 1732 01:23:03,520 --> 01:23:06,400 Speaker 4: that's okay. I have nice pictures up. They came out 1733 01:23:06,439 --> 01:23:09,240 Speaker 4: of the vaults. They were in there for one hundred years. 1734 01:23:09,320 --> 01:23:13,000 Speaker 4: This is much more beautiful. We have the Declaration of 1735 01:23:13,080 --> 01:23:15,960 Speaker 4: Independence now in the room, which wasn't here. I guess 1736 01:23:16,000 --> 01:23:18,280 Speaker 4: people didn't feel too good about putting. 1737 01:23:18,080 --> 01:23:22,080 Speaker 2: It here, but I do I knew anyway, he went 1738 01:23:22,160 --> 01:23:25,439 Speaker 2: on about magnets. Now, I mentioned earlier on the export 1739 01:23:25,479 --> 01:23:28,320 Speaker 2: of magnets. This is rare earths. So Johina's got a 1740 01:23:28,360 --> 01:23:32,519 Speaker 2: stranglehold of rare earth magnets, and Germany's the biggest buyer 1741 01:23:32,520 --> 01:23:34,200 Speaker 2: of magnets in the world. But in the last month 1742 01:23:34,320 --> 01:23:37,679 Speaker 2: the importation of magnets to America has gone up six 1743 01:23:37,920 --> 01:23:40,040 Speaker 2: hundred and sixty percent. So you need it for all 1744 01:23:40,080 --> 01:23:42,519 Speaker 2: sorts of things like microscopes and also electric cars. So 1745 01:23:42,680 --> 01:23:44,400 Speaker 2: so Trump was on, he was on the magnets. 1746 01:23:44,560 --> 01:23:47,960 Speaker 4: I don't mind if he gets along with China, because 1747 01:23:48,000 --> 01:23:50,120 Speaker 4: we're getting along with China very well. We have a 1748 01:23:50,240 --> 01:23:53,320 Speaker 4: very good relationship in fact, the magnets, which is a 1749 01:23:54,000 --> 01:23:58,160 Speaker 4: little complex piece of materials. But the magnets are coming out, 1750 01:23:58,479 --> 01:24:01,479 Speaker 4: you know very well, where they're sending them in record numbers. 1751 01:24:02,040 --> 01:24:03,880 Speaker 4: That we're getting along with China very well. And I 1752 01:24:03,920 --> 01:24:08,439 Speaker 4: don't mind if the president dealt with you know, if 1753 01:24:08,439 --> 01:24:10,720 Speaker 4: that's meant because I think he has to do what's 1754 01:24:10,800 --> 01:24:13,160 Speaker 4: right for his country. I've always said, you know, make 1755 01:24:13,200 --> 01:24:15,000 Speaker 4: the Philippines great again, do whatever. 1756 01:24:14,800 --> 01:24:15,320 Speaker 10: You need to do. 1757 01:24:15,840 --> 01:24:20,479 Speaker 2: Say I've always said, make the Philippines the way saying Mepper. 1758 01:24:21,000 --> 01:24:25,000 Speaker 2: He did announce that they had struck a deal Indonesia. 1759 01:24:25,760 --> 01:24:27,760 Speaker 2: They announced the deal the other day at nineteen percent 1760 01:24:27,840 --> 01:24:29,960 Speaker 2: on tariffs. He's also done the same thing with the 1761 01:24:30,040 --> 01:24:33,920 Speaker 2: Philippines at nineteen percent. So he's got a beautiful office. 1762 01:24:33,960 --> 01:24:36,680 Speaker 2: He's going to put Obama in jail. There will be 1763 01:24:36,800 --> 01:24:39,720 Speaker 2: no votes on Epstein and the Philippines is great again. 1764 01:24:40,120 --> 01:24:43,639 Speaker 17: Magnets and the magnets like those that are pretty complex. 1765 01:24:44,040 --> 01:24:46,800 Speaker 2: Those magnets, they're they're just flying off the shelf. 1766 01:24:47,040 --> 01:24:50,960 Speaker 1: Ten to nine the Mike Hosking Breakfast with Bailey's Real 1767 01:24:51,080 --> 01:24:52,080 Speaker 1: Estate News Dogs. 1768 01:24:52,080 --> 01:24:53,360 Speaker 10: They'd be for id is. 1769 01:24:53,400 --> 01:24:56,160 Speaker 2: Running Milford Asset Management. They've taken out the consuming New 1770 01:24:56,240 --> 01:24:58,640 Speaker 2: Zealand People's Choice Awards with the Kiwi Saber for their 1771 01:24:58,680 --> 01:25:01,360 Speaker 2: Milford Kiwi Saber plan. And we've got more because morning 1772 01:25:01,439 --> 01:25:03,680 Speaker 2: Star's latest independent survey and you can find that if 1773 01:25:03,720 --> 01:25:07,080 Speaker 2: you want at Morningstar dot com dot au. Now that 1774 01:25:07,160 --> 01:25:09,759 Speaker 2: shows at Milford has had the number one performing qwsaber 1775 01:25:09,840 --> 01:25:13,240 Speaker 2: funds in the growth, balanced and conservative categories for returns 1776 01:25:13,520 --> 01:25:15,240 Speaker 2: over the past ten years. So all of us down 1777 01:25:15,280 --> 01:25:18,280 Speaker 2: to Milford's expert team obviously in their active approach to investing, 1778 01:25:18,720 --> 01:25:21,000 Speaker 2: So get into it. Why wouldn't you switch to Milford 1779 01:25:21,000 --> 01:25:24,519 Speaker 2: for your keywsaber account? Just takes minutes, literally, you jump online. 1780 01:25:24,520 --> 01:25:26,439 Speaker 2: You've got to have a photo ID and an IRD 1781 01:25:26,720 --> 01:25:29,120 Speaker 2: number handy, get those and you're ready to go. Past 1782 01:25:29,160 --> 01:25:31,759 Speaker 2: performance of course not a reliable indicator of future performance. 1783 01:25:31,960 --> 01:25:34,280 Speaker 2: And Milford Funds Limited is the issuer of the Milford 1784 01:25:34,320 --> 01:25:37,880 Speaker 2: qwsaber Plan. You can read the Milford Kewisaber Plan product 1785 01:25:37,960 --> 01:25:42,280 Speaker 2: disclosure statement that's at Milford Asset dot com. And before investing, 1786 01:25:42,320 --> 01:25:44,439 Speaker 2: you may wish to seek financial advice for more information 1787 01:25:44,520 --> 01:25:47,200 Speaker 2: on Milford's advice services and to see that financial advice 1788 01:25:47,280 --> 01:25:50,559 Speaker 2: provider disclosure statement. Then you visit Milford Asset dot com 1789 01:25:50,640 --> 01:25:54,160 Speaker 2: slash Getting Dash Advice, So that is Milford Asset dot 1790 01:25:54,240 --> 01:25:58,759 Speaker 2: com slash Getting Dash Advice. 1791 01:25:59,479 --> 01:25:59,839 Speaker 10: Asking. 1792 01:26:00,280 --> 01:26:03,559 Speaker 2: By the way, Edsurant, as I mentioned on the program 1793 01:26:03,640 --> 01:26:06,840 Speaker 2: tomorrow and he gave me last night when I did 1794 01:26:06,880 --> 01:26:09,639 Speaker 2: the interview ahead of tomorrow, said do you want some tickets? 1795 01:26:11,760 --> 01:26:14,880 Speaker 2: What's that effect? I said sure, read why not? And 1796 01:26:15,040 --> 01:26:17,560 Speaker 2: I said not for me, because then I'll be like 1797 01:26:17,680 --> 01:26:20,679 Speaker 2: those reviewers who fly on planes and go to hotels 1798 01:26:20,800 --> 01:26:22,960 Speaker 2: and go, oh, ED was the greatest concert in the world, 1799 01:26:23,080 --> 01:26:24,799 Speaker 2: and they'll go, oh, did you pay for the tickets? 1800 01:26:24,800 --> 01:26:26,360 Speaker 2: I'll go no, Ed gave them to me and go, well, 1801 01:26:26,400 --> 01:26:27,880 Speaker 2: of course you'd say that, and so I'm not like that, 1802 01:26:28,680 --> 01:26:30,439 Speaker 2: but I'll give them to you if you want them. 1803 01:26:31,040 --> 01:26:32,840 Speaker 2: So this is the big loop to it. He's here 1804 01:26:32,840 --> 01:26:35,679 Speaker 2: at Auckland, Wellington christ Church in jan of next year. 1805 01:26:36,320 --> 01:26:39,120 Speaker 2: Tickets aren't on sale till next Tuesday unless you know Ed. 1806 01:26:40,360 --> 01:26:42,320 Speaker 2: So we do as it turns out. So go to 1807 01:26:42,479 --> 01:26:47,600 Speaker 2: the Mike Hosking Breakfast Facebook page and Insta for some 1808 01:26:47,760 --> 01:26:50,000 Speaker 2: details and we're going to draw the winners on Friday. 1809 01:26:50,560 --> 01:26:52,160 Speaker 17: Can I have some tickets? If I promised to say 1810 01:26:52,200 --> 01:26:53,080 Speaker 17: the concert was crap? 1811 01:26:54,800 --> 01:26:58,880 Speaker 2: No, you cannot. You can come to my box. Actually 1812 01:26:59,000 --> 01:27:01,200 Speaker 2: no you can't. I'm intes away from nine. 1813 01:27:01,360 --> 01:27:06,479 Speaker 1: Trending now with Chemist ware House great savings every day. 1814 01:27:06,720 --> 01:27:08,439 Speaker 2: Right, let me tell you about poor old Howard before 1815 01:27:08,439 --> 01:27:11,080 Speaker 2: we go. Howard's in court and so Howard ran out 1816 01:27:11,120 --> 01:27:12,840 Speaker 2: of money in retirement. He figured the best way to 1817 01:27:12,880 --> 01:27:15,200 Speaker 2: earn some money was to become a spy for Russia. 1818 01:27:15,840 --> 01:27:18,760 Speaker 2: So issue wasn't actually a spy. He'd never done any 1819 01:27:18,880 --> 01:27:21,200 Speaker 2: intelligence work before, he hadn't done any training. He did 1820 01:27:21,240 --> 01:27:23,680 Speaker 2: fill out a couple of MI five application forms back 1821 01:27:23,720 --> 01:27:26,519 Speaker 2: in twenty fourteen, another one twenty twenty four but they 1822 01:27:26,560 --> 01:27:28,880 Speaker 2: didn't go anywhere because he doesn't have a university degree. 1823 01:27:28,920 --> 01:27:32,160 Speaker 2: That probably won't come as a surprise anyway. The whole 1824 01:27:32,200 --> 01:27:34,360 Speaker 2: thing's fallen apart because he met what he thought were 1825 01:27:34,439 --> 01:27:37,839 Speaker 2: Russians and he was giving them the address and landline 1826 01:27:37,840 --> 01:27:39,479 Speaker 2: of his local MP, who happens to be a guy 1827 01:27:39,560 --> 01:27:42,200 Speaker 2: called Grant. Now Grant also happens to be the Defense Secretary, 1828 01:27:42,280 --> 01:27:44,479 Speaker 2: so you're not supposed to do that sort of stuff. Now. 1829 01:27:44,520 --> 01:27:47,120 Speaker 2: The problem for Howard was these guys he was meeting 1830 01:27:47,160 --> 01:27:50,280 Speaker 2: weren't Russians. They turned out to be MI I five 1831 01:27:50,920 --> 01:27:54,519 Speaker 2: under cover. And this all played out in court. What 1832 01:27:54,720 --> 01:28:00,080 Speaker 2: do you know about the Secretary of Defense in the 1833 01:28:00,200 --> 01:28:04,679 Speaker 2: United Kingdom. I do not want, and cannot, for myself, 1834 01:28:04,880 --> 01:28:08,599 Speaker 2: go back into the norm nine to five office. 1835 01:28:09,479 --> 01:28:11,439 Speaker 11: It's not for me, It never was for me. 1836 01:28:11,680 --> 01:28:12,240 Speaker 18: But I did it. 1837 01:28:13,000 --> 01:28:16,479 Speaker 12: I feel that over many, many years, there's been a 1838 01:28:16,600 --> 01:28:20,800 Speaker 12: lot of discredit accorded towards Russia. 1839 01:28:20,920 --> 01:28:25,360 Speaker 2: And I think a lot of it is absolutely rubbish. 1840 01:28:25,880 --> 01:28:28,600 Speaker 2: I don't want to have to rely on having to 1841 01:28:28,680 --> 01:28:33,040 Speaker 2: go back to work now. If I am financially independent 1842 01:28:33,240 --> 01:28:36,639 Speaker 2: of the UK, then I don't have to be part 1843 01:28:36,720 --> 01:28:39,639 Speaker 2: of it in any way. You can see his playing, 1844 01:28:39,680 --> 01:28:43,800 Speaker 2: can't you. He's a genius. Anyway, The jury, upon hearing that, 1845 01:28:44,000 --> 01:28:47,120 Speaker 2: decided that he's also a plunker, so they found him 1846 01:28:47,120 --> 01:28:49,640 Speaker 2: guilty of assisting what do you believe to be the 1847 01:28:49,720 --> 01:28:52,920 Speaker 2: Russian intelligence agents. But he's in breach of the National 1848 01:28:52,960 --> 01:28:55,200 Speaker 2: Security Actor. And what will happen is he will go 1849 01:28:55,280 --> 01:28:55,919 Speaker 2: to jail. 1850 01:28:56,080 --> 01:28:57,679 Speaker 17: All for just because he wanted to work from home, 1851 01:28:57,720 --> 01:28:58,559 Speaker 17: basically exactly. 1852 01:28:59,000 --> 01:29:01,600 Speaker 2: So he will be home a new home, and it 1853 01:29:01,600 --> 01:29:02,639 Speaker 2: won't be a four day week. 1854 01:29:05,360 --> 01:29:06,720 Speaker 17: I mean, he won't be going back to work. That 1855 01:29:06,880 --> 01:29:07,240 Speaker 17: is true. 1856 01:29:07,320 --> 01:29:07,800 Speaker 10: That is true. 1857 01:29:07,920 --> 01:29:09,640 Speaker 2: He will not be working. He will be on his 1858 01:29:09,960 --> 01:29:13,679 Speaker 2: majesty or his majesty's pleasure. Back tomorrow morning from six 1859 01:29:13,920 --> 01:29:16,120 Speaker 2: along with Edge hearing Happy Days. 1860 01:29:22,479 --> 01:29:25,360 Speaker 1: For more from the Mic, Asking Breakfast, listen live to 1861 01:29:25,520 --> 01:29:28,559 Speaker 1: news talks. It'd be from six am weekdays or follow 1862 01:29:28,600 --> 01:29:30,160 Speaker 1: the podcast on iHeartRadio