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Speaker 1: You're trusted home for News for It, entertainment of Nion

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Speaker 1: and Mike, the Mike Hosking Breakfast with Bailey's real Estate

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Speaker 1: doing real estate differently since nineteen seventy three.

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Speaker 2: News togsadb Well then you won't come today.

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Speaker 3: Jobs?

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Speaker 4: How many of the lost? Is it bad enough to

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Speaker 4: turn the head of the RB Smith and Coe speaking

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Speaker 4: of jobs lives to fight another retail day. Another council

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Speaker 4: voting on these new married ward laws, new rules this

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Speaker 4: weekend for the all blacks to look out and got

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Speaker 4: new clocks getting turned on the scrums and lineouts politics

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Speaker 4: Wednesday after right, Mitch mccannon the State Steve Prince does

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Speaker 4: the mighty osbrus as well, pasking little of the week

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Speaker 4: seven past six. Other chapter in this ongoing economic crisis

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Speaker 4: of twenty twenty one, twenty twenty two to twenty three

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Speaker 4: twenty four unfolds today with the employment numbers or the

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Speaker 4: unemployment numbers. This all ties in, of course, with a

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Speaker 4: broad idea from the Reserve Bank that they have to

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Speaker 4: take the life out of the economy in order to

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Speaker 4: see that inflation is tamed, and therefore it's okay to

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Speaker 4: go and drop the cash rate The unfortunate thing about

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Speaker 4: the cash rate is that such an emphasis has now

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Speaker 4: been placed on it. It seems to stand out in

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Speaker 4: people's minds as some sort of panacea. We're all waiting

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Speaker 4: for these with this magic day that will bring riches, growth,

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Speaker 4: lights at the end of the tunnel, and better tomorrow's

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Speaker 4: and of course no such thing will happen. It's being

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Speaker 4: played in various parts of the world. In America, they've

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Speaker 4: gone from waiting for their cut because jobs and spending

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Speaker 4: was too strong, to Australia, where jobs seem so plentiful

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Speaker 4: that not only aren't they going to have a cut,

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Speaker 4: they may be getting a hike. This would also lead

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Speaker 4: apparently to political oblivion for the government as well as

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Speaker 4: economic disaster. As it turns out, they got a hold yesterday.

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Speaker 4: In America, they've gone from bullish optimism to fear of

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Speaker 4: a recession with a meager jobs number out on Friday,

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Speaker 4: And you saw what happened yesterday. Here as far as

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Speaker 4: jobs go, it's getting worse. Trouble is the standoff between

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Speaker 4: the Reserve Bank, who forecast eventually five point five percent

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Speaker 4: unemployment versus the four point six or seven that's expected today.

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Speaker 4: In other words, while we're all misery and woe at

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Speaker 4: four point six or seven, we seemingly have a long

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Speaker 4: way to go. You think it's bad, you ain't seen

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Speaker 4: nothing yet. And yet is it really that bad? Well,

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Speaker 4: broadly yes, West back are forecasting a big drop and

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Speaker 4: growth for the second quarter and another one for the

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Speaker 4: third quarter. Right, it's a recession, But specifically job losses

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Speaker 4: aren't bad. I mean, four point six ish isn't perfect,

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Speaker 4: but the best of times full employment is about three

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Speaker 4: five point five is historically about normal. Most people still

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Speaker 4: have work and that really isn't going to change, which

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Speaker 4: means it's not a crisis. It's miserable if you've lost

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Speaker 4: work in fifty seven, others are now applying for the

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Speaker 4: same job you are. But of all the things that

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Speaker 4: are slowly killing us, New Zealand is leaving non tradable inflation,

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Speaker 4: stuck debt, piling up businesses closing. The jobless number isn't

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Speaker 4: the worst of it, which, in an ironic way, shows

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Speaker 4: just how bad these handful of years are proving.

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Speaker 5: To be.

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Speaker 2: News of the world in ninety seconds.

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Speaker 4: UK's international image, by the way, getting battered as more

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Speaker 4: countries issue travel warnings on the ground. Arrests continue, as

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Speaker 4: do the warnings.

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Speaker 6: Some of what we've seen surrounding mosques with worshipers inside

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Speaker 6: trying to set them alight. There are some offenses which,

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Speaker 6: in my view very clearly across the rubicon into terrorist defenses.

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Speaker 4: In Ireland, they're not having it either.

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Speaker 7: Water canon is a good tactical option that has remained

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Speaker 7: available in Northern Ireland permanently, and we will use this

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Speaker 7: if it is the right tactic to use in the circumstances.

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Speaker 4: Just before we leave Britain, we also have water issues,

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Speaker 4: not water canon, but water issues. The regulators looking to

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Speaker 4: hand out hundreds of millions of dollars in fines to companies.

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Speaker 4: Are the Environment Secretary targeting those who run that's.

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Speaker 8: Called ban the payment of their multimillion pound bonuses. That

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Speaker 8: money should have been spent on fixing the sewers, not

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Speaker 8: siphoned off into their bank balances, and will ring fence

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Speaker 8: customers money that is intended for fixing the sewage system.

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Speaker 4: The inter state side, Carmena say is come on down, Tim,

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Speaker 4: don't ever shy away mark progressive values one persons socialism

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Speaker 4: is another person's neighborliness.

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Speaker 2: Just do the damn work right.

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Speaker 4: So I'll give you more about him shortly, but here

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Speaker 4: as where he's at idea ideologically.

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Speaker 9: Some of it is free launch for students across the

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Speaker 9: state of Minnesota.

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Speaker 10: It is gun bills, It is tax credits for working families,

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Speaker 10: things like that.

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Speaker 2: He certainly defends that.

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Speaker 4: Meantime, JD's out in Philly keeping at cordial.

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Speaker 11: You've got a war in Europe, we have got a

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Speaker 11: war in the Middle East that threatens to spiral out

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Speaker 11: of control. We've got chaos in the world financial markets,

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Speaker 11: everything that Kamala Harris touches has been a disaster, and

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Speaker 11: we have got a kicker out of the United States government.

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Speaker 4: Finally, we've found an armbone and the umbums connected to it,

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Speaker 4: belonging to an ancient human species who stood one meter

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Speaker 4: tall as tall as you bloom. This was on an

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Speaker 4: Indonesian island. The people were known as the Hobbit species.

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Speaker 4: Scientists first found teeth a couple of decades ago, and

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Speaker 4: they thought to have devolved early from being marooned on

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Speaker 4: the island. So they got stuck on the island and

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Speaker 4: they shrunk. Is that what we're saying. Seven hundred thousand

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Speaker 4: years ago, param news of the world in ninety seconds.

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Speaker 4: Kenya Central Bank. If you want central bank news, we

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Speaker 4: don't talk about the Kenya Central Bank cut by twenty

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Speaker 4: five b points to twelve zero point seventy five percent.

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Speaker 4: Got dairy numbers in the moment. Two twelve past six.

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

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Speaker 1: by News.

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Speaker 4: Talks EB one meter tall, a Mike distant relative of yours.

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Speaker 4: Perhaps Andy, you're on fire so early Bangladesha read a

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Speaker 4: very interesting article about Hassena Who's scarpet? Of course, and

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Speaker 4: I might get to that later or they get time.

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Speaker 4: But Bangladeshia have dissolved the parliament. That was one of

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Speaker 4: the demands of the protesters. The military chief is holding

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Speaker 4: talks as we speak with political leaders as well as

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Speaker 4: protest organizers. Certainly fascinating to see where all that goes.

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Speaker 4: Fifteen past six The Plans Management, Greg Smith Morning.

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Speaker 5: Good morning, Mike.

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Speaker 4: So I was looking at Japan falling apart like the

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Speaker 4: snow tomorrow and then whoops, they're back.

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Speaker 3: Yeah, that's right, Hey, normal service is resumed.

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Speaker 5: So what sell off you?

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Speaker 3: The dows up five and eighty points is some pianistic

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Speaker 3: There are up two percent so yeah, to point out

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Speaker 3: sentiment lifted by big rebound in Japan, you stay seven, cloister,

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Speaker 3: it's biggest loss, of course since Black Monday on Monday,

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Speaker 3: and then a.

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Speaker 5: Turn around, you say, with ten percent gains.

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Speaker 3: So it's actually the biggest daily gain since October two

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Speaker 3: thousand and eight, and it's actually the biggest spike ever

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Speaker 3: in terms of index points. So he had lots of

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Speaker 3: names up export names or up. Toyota was up thirteen

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Speaker 3: percent and driving the meltdown that we saw on Monday

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Speaker 3: was a little bit of the unwinding of this yen

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Speaker 3: carry trades. That's where investors sort of borrowing year at

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Speaker 3: cheap rates and then invest in stocks, including use technology,

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Speaker 3: which has been a bit of a one way bet,

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Speaker 3: except that hasn't recently and this trade has sort of

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Speaker 3: made to be worth in the trillions of dollars, So

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Speaker 3: that's reversed in pretty spectacular fashion. Obviously, also concerns over

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Speaker 3: the recessional downturn and FED rate cuts coming too late.

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Speaker 3: But you know, part of that was obviously the manufacturing numbers,

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Speaker 3: but also the job numbers we talked about on Monday,

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Speaker 3: and a lot of the impact there was actually the

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Speaker 3: weather with Hurricane Beryl, so maybe some semblance has been

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Speaker 3: seen one there, but yeah, nothing substantially changed in the

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Speaker 3: last few days. I mean, a lot of data continues

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Speaker 3: to point towards a soft economic landing, and if it's

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Speaker 3: actually had some more good data overnight's the US trade

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Speaker 3: deficit that actually stepped back from record high as it

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Speaker 3: was down two and a half percent in June seventy

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Speaker 3: three point one billion, and balance of China also improved.

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Speaker 5: And we've also had a pretty positive.

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Speaker 3: Result might from Caterpillar, so they provide that iconic earth

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Speaker 3: moving equipment.

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Speaker 5: They've seen something of.

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Speaker 3: A bell weather issues a popped around about four percent.

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Speaker 3: Revenues of sixteen point seven billion they've been and expected

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Speaker 3: free cash flows up thirty nine percent two point one

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Speaker 3: billion dollars, So that's gone down well. And I think

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Speaker 3: you're just really worth putting Monday's action in context. To me,

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Speaker 3: markets don't move up in a linear fashion forever. We

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Speaker 3: do get corrections. We've seen that throughout history, and look,

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Speaker 3: time will tell where there's more bumps in the road.

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Speaker 3: But you know, we're still going to rate cuts on

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Speaker 3: the way, and we're still at this stage look like

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Speaker 3: we're going to get that soft economic landing.

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Speaker 4: Basically, they just freaked out, is what happened. I was

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Speaker 4: watching Michelle Bullock. I like her. She speaks English, which

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Speaker 4: is always useful from an RB. But when I found

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Speaker 4: interesting yesterday, obviously you got a hold. But she and

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Speaker 4: correct me if I'm wrong, But she said there were

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Speaker 4: two options. One was hold and hold long or a hike.

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Speaker 4: So they've still not got that off the table.

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Speaker 3: Absolutely, it was a very much a hawkish hold, you know, Mike,

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Speaker 3: And yeah, yes, she was quite pragmatic. Yeah, you're quite

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Speaker 3: right on all those sort accounts. So yeah, a rate

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Speaker 3: cut was never on the table. In fact, she suggested

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Speaker 3: we're not going to get a rate cut in Australia

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Speaker 3: for six months, so quite different to the picture.

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Speaker 5: That we're looking at here.

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Speaker 3: Markets did rebound, and of course the ASEX two hundred

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Speaker 3: was also caught up in that cell off and that

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Speaker 3: was in fact, it had the worst day more than four.

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Speaker 5: Years on Monday, so I think, yeah, yeah, there were

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Speaker 5: some hopes of a cut, but you know, it wasn't

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Speaker 5: really that realistic. It was never sort of the favored scenario.

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Speaker 3: She talked a lot about inflation and how persistent that

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Speaker 3: is proving and that's basically the primary focus. The good

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Speaker 3: news there was that they have lowered their inflation forecasts

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Speaker 3: by by the end of the year, so that's slightly

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Speaker 3: good news. So it was three point eight percent they

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Speaker 3: were looking at at the end of December, now three percent.

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Speaker 3: They've also lifted unemployment slightly gendp forecast that got a

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Speaker 3: slight upgrade to one point seven percent from one point

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Speaker 3: six percent, So there's still lots of good news there. Yes,

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Speaker 3: she talked about, yeah, the economy's capacity to meet strong demand,

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Speaker 3: but acknowledged there were challenges. Acknowledged that there issues in

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Speaker 3: China obviously the biggest customer, but yeah, clearly staying vigilant

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Speaker 3: to those upside risks. And yet a rate cut wasn't

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Speaker 3: on the table and we're not going to be getting

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Speaker 3: one anytime soon by the looks.

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Speaker 4: No, in need not I need some numbers.

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Speaker 5: Yeah, sure, So the.

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Speaker 3: Down's up five and eighty four points at the moment

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Speaker 3: thirty nine two eight seven, isn't. P and NASIK both

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Speaker 3: have a couple of percent foote up point two percent.

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Speaker 3: Nick I came storming back up ten percent, thirty four

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Speaker 3: to six seven five. It was three two hundred and

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Speaker 3: seventeen points to good. Just by the way, A six

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Speaker 3: two hundred, zero point four percent seven six eighty nz fifty.

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Speaker 3: We went as badly on Monday. So we were zero

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Speaker 3: point one five percent lower twelve two four five goal

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Speaker 3: down nineteen dollars two three nine one and ounce all

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Speaker 3: up fifty seven cents seventy three spot fifty one US

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Speaker 3: against the Kiwi up point three percent their fifty nine

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Speaker 3: point six ninety one point two against. I was the

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Speaker 3: one point three percent forty six point nine against stealing

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Speaker 3: that was up almost a percent. Actually, and you, hey,

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Speaker 3: some Morgan news and I'm sure we talk about this

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Speaker 3: as well. Might but theory numbers that are slightly at

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Speaker 3: the ocgen overnight, yep.

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Speaker 4: Very good. Indeed, all right, make go well, appreciate it

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Speaker 4: very much. Corregsmith, Different Funds Management, I'll give you those

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Speaker 4: numbers and just a capital of Las Skiing Uber, the

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Speaker 4: mobility unit basically cars, twenty three percent increase in grossed bookings.

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Speaker 4: They brought in twenty billion dollars this third quarter, expecting

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Speaker 4: bookings of about forty billion, so they seem to be

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Speaker 4: getting better and better. Revenue increased overall sixteen percent. They

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Speaker 4: expect round twenty percent growth in the second quarter. Monthly

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Speaker 4: active platform consumers is as globally, of course, is it

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Speaker 4: a hun undred and fifty six million taking two point

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Speaker 4: seven seven billion trips. They've done a deal with BYD

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Speaker 4: to bring around one hundred thousand evs to Uber drivers

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Speaker 4: in Europe and Latin America. They've got an interesting deal

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Speaker 4: going on with Australia with secondhand Eb's I'll get to

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Speaker 4: later on, but Uber looks okay. Six twenty one, Your

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Speaker 4: News talksbo.

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

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Speaker 1: by News Talk SEDB.

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Speaker 4: Just before we leave our business Fletcher Building and Andrews

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Speaker 4: raised this a number of times in the last couple

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Speaker 4: of months. There's a class action proceeding now against them,

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Speaker 4: filed in the Federal Called of Australia yesterday. This is

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Speaker 4: the leaky pipes, the iPLEX pipelines. If you followed the story,

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Speaker 4: so law firm Baker Mackenzie on behalf of a bunch

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Speaker 4: of people who bought these pipes. The argument basically inflected

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Speaker 4: has been consistent all along. It's the installation. It's not

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Speaker 4: the pipes. The pipes are fine, it's the installation that's

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Speaker 4: the problem. Anyway. They're going to battle that one out

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Speaker 4: in court and see how they go.

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Speaker 5: Dairy.

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Speaker 4: Very good news this morning, Thank the good Lord. It's

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Speaker 4: up half a point overall. But Mozzarella the roof at

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Speaker 4: eight point four up. I know Mozzarella is not the

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Speaker 4: biggest thing, but I'm just endlessly fascinated by it. But

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Speaker 4: it's up eight point four. The important stuff skims down

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Speaker 4: a smidge two point seven, but the real dealer's whole

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Speaker 4: milk is up two point four. We'll take that all

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Speaker 4: day long. And that's before you get to lactose. Oh

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Speaker 4: my god. Up sixteen point one for the morning, Mike.

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Speaker 4: There's a nice Mercedes benz AMG for sale ex kim

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Speaker 4: dot com. You might be interested if you haven't seen

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Speaker 4: the story. It's a it's a very rare car. He's

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Speaker 4: a collector or was a collector of rare cars, and

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Speaker 4: it's going to go at an auction coming up in

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Speaker 4: the next couple of days. It's one of I can't remember,

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Speaker 4: but I think two or three hundred one eighty so sorry,

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Speaker 4: that's the convertible. So his is a convertible. It's left

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Speaker 4: and drive it's six to eight hundred thousand dollars. It's

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Speaker 4: got very low miles. It's a two thousand and six

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Speaker 4: very low miles. But would you want a Kim dot

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Speaker 4: com car? I mean really six twenty five.

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Speaker 2: Trending now us your home of winters.

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Speaker 4: Your oscar buzz around to think all the outrun. So

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Speaker 4: it's about recovering addiction and the suggestion from the pandits

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Speaker 4: it will see the lead. This is Sushia Ronan get

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Speaker 4: the oscar that she has missed out on four times

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Speaker 4: premier at sun Dance in January. Problem was no one

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Speaker 4: picked it up? I suspect because probably what it's about. Anyway,

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Speaker 4: seven months later it's finally got a deal and we

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Speaker 4: got a trailer.

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Speaker 12: Sometimes you can feel a vibration in Orkney, a low rumble.

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Speaker 12: It takes over the whole island and every part of

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Speaker 12: your body. But there is only so much height any

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Speaker 12: wave can sustain before it comes crashing down. The urge

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Speaker 12: to drink can come out of nowhere. You think you're

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Speaker 12: doing well, suddenly you want nothing more than a drink.

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Speaker 5: So how long you've been so bad?

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Speaker 4: Sixty three days?

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Speaker 5: It never gets easy, just gets last heart.

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Speaker 4: So not a comedy. Could be the problem with the deal,

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Speaker 4: which is not to make fun of people's social issues.

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Speaker 4: If you're sitting at our lap's not very nice, Michael.

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Speaker 10: I feel like it is a movie we've seen before.

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Speaker 4: You do you reckon a Battle with alcohol? To September

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Speaker 4: twenty seven and the cinemas? Did you buy a glass

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Speaker 4: of wine when you go to the cinema with your

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Speaker 4: popcorn to watch a person struggle with alcohol?

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Speaker 13: Do you do that?

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Speaker 4: I don't know. Michael. Listened to the new album Horizons

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Speaker 4: by Black Smoke Trigger after your interview yesterday. An amazing

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Speaker 4: band who are sitting to reach great Heights? What a

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Speaker 4: fine well glad you enjoyed it. Now the very good

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Speaker 4: news on the retail front Smith and Coey, I do

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Speaker 4: need to ask the question why did they not think

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Speaker 4: of this before they announced their closure. Anyway, they're not

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Speaker 4: closing or they're not completely closing, and that's the good news.

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Speaker 4: So we'll get more into this after the news which

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Speaker 4: is next here at News Talk, sa'd.

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Speaker 1: Be the newsmakers and the personalities, the Big Games talk

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Speaker 1: to Mike Costing, Breakfast with Alveda, Retirement, Communities, Life Your Way, News.

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Speaker 2: Togsad be.

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Speaker 4: I just wondering if you saw the story on TV

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Speaker 4: one last night where Paul Goldsmith was grilled over as

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Speaker 4: taking cure and Antiro are out of an invitation to

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Speaker 4: an Australian minister, did indeed more to say on that? Shortly?

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Speaker 4: Tim Watson's your man, folks. He played spoken a pre

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Speaker 4: public school teacher, football coach, National Guardsman, all round hero.

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Speaker 4: He's the VP. Mitch mccawn with more details on Mitch

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Speaker 4: mccahn with more details on that in just a couple

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Speaker 4: of moments. Then a pole which doesn't even have much

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Speaker 4: wide much reported so far, Courier poll. It's found sixty

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Speaker 4: two percent of us think that the Green should boot

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Speaker 4: Darling Tanner out. I'm surprised it's so low. Twenty three

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Speaker 4: percent aren't sure, so that makes up the difference because

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Speaker 4: only sixteen percent were a post, so next to no

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Speaker 4: one's opposed to it, So sixty two percent thinks Darling Tanner.

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Speaker 4: What they should have asked is do you think the

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Speaker 4: Greens have been procrastinating, mucking around and are unable to

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Speaker 4: make a decision no matter how important it is? Twenty

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Speaker 4: two minutes away from seven now back on the good

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Speaker 4: news from the retail sector is that we famed Smith

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Speaker 4: and Coey's have announced their closure will well, actually won't

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Speaker 4: be happening. It'll be staying open. It is a downsized operation,

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Speaker 4: but one hundred jobs are being said, which is good.

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Speaker 4: Smith and coey chair Tony Coey's with us on all this. Tony,

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Speaker 4: very good morning to you. Good morning, Mark, must make

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Speaker 4: you feel good to make that sort of announcement.

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Speaker 14: Yes, we're very pleased to be able to do it.

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Speaker 4: Didn't you look at this option, I assume you did

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Speaker 4: before making the original announcement.

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Speaker 14: Yes, we did. We looked pretty hard at it back

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Speaker 14: in February. I think there wasn't a single reason that changed.

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Speaker 14: It was a group of reasons, but we looked harder.

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Speaker 14: You know, we'd already seen what was happening overseas with

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Speaker 14: trends towards smaller format stores, how that was going. The

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Speaker 14: outpouring from staff during the staff consultation period was a

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Speaker 14: factor in there. We've got some very loyal staff. It've

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Speaker 14: been just wonderful throughout process, and we've got a whole

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Speaker 14: lot of things in the pot and made the call

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Speaker 14: to won't run the smaller operation.

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Speaker 4: Good part of what you do, of course a scale.

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Speaker 4: Have you killed the scale or you're taking a risk

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Speaker 4: on scale here now or not?

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Speaker 14: Well, I think we are, but we've in some ways

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Speaker 14: picked the eyes out of what we've got and taken

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Speaker 14: the most profitable categories and shrinking them down. We won't

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Speaker 14: be to the scale that.

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Speaker 15: We were before.

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Speaker 14: It won't be the same sort of retail operation, but

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Speaker 14: we think we can make a go of it.

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Speaker 4: Queen Street, how much of that and its geography and

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Speaker 4: all the baggage that goes with that is about this

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Speaker 4: as opposed to you as a business.

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Speaker 14: Well, at the time we said that there was a

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Speaker 14: perfect storm of about five factors going on and Queen

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Speaker 14: Street was one of them. I mean, clearly my view

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Speaker 14: is that New Zealand has one chance for the international

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Speaker 14: city that's Auckland. We have to do it right and

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Speaker 14: we have to make the center of a friendly place

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Speaker 14: and it's currently not and that I think is in

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Speaker 14: a nutshell what we have to do. We've seen some

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Speaker 14: improvements with security recently with increased police, the council putting

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Speaker 14: increased security of the city. With increased security, it's making

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Speaker 14: a little bit of a difference, but it's just the

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Speaker 14: scratching the surface. We've got to have a fundamental relook

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Speaker 14: to clean up the center of town if we want

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Speaker 14: to be serious about having an international city.

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Speaker 4: Couldn't agree more. What's your sense of the economy with

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Speaker 4: all the noise around retail generally the recession? Do you

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Speaker 4: forget Queen Street but just retail generally?

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Speaker 14: Retail generally is tough, and if you look at the

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Speaker 14: figures nationally in recent weeks, there's not a lot of

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Speaker 14: confidence out there. There's not a lot of spare money,

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Speaker 14: and many retailers are doing it really really tough.

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Speaker 4: What about your online presence and its future given what

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Speaker 4: you've announced, and will that play a greater presence.

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Speaker 14: Well, online will be part of mixed going forward. It

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Speaker 14: has been a very important part for us, particularly during

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Speaker 14: COVID when our stores were shut. So it will very

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Speaker 14: much feature as part of that future.

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Speaker 4: And are you bullsh on bricks and mortar generally.

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Speaker 14: Well, bricks and more to have a place it's omnichannel,

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Speaker 14: that's a range of things. You know, we're shrinking our

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Speaker 14: bricks and mortar because we think that's appropriate for the market,

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Speaker 14: and so we'll just see how that balance blows out well.

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Speaker 4: I wish it all the very best with it Tony, Kelley,

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Speaker 4: Smith and Kelley. So the news is good for now, right,

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Speaker 4: Let's get to this VP pick and see what it means.

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Speaker 4: They'll be appearing today later on today at a rally,

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Speaker 4: so we'll see how that goes with Mitch McKennon a

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Speaker 4: couple of moments before You're nineteen two.

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

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00:19:38,440 --> 00:19:40,320
Speaker 1: by News Talks It be now listen.

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Speaker 4: As you and closer to retirement, don't we all, it's

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00:19:43,080 --> 00:19:45,560
Speaker 4: natural to start thinking about the old money, the finances,

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00:19:45,560 --> 00:19:47,199
Speaker 4: and the questions that pop up from time to time,

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Speaker 4: especially with today's cost of living. I mean the basics,

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Speaker 4: how much do I need? Have I got enough? Howlong?

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Speaker 4: Will it last? These can be pretty confronting questions the

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Speaker 4: closer you get to retirement, but you're not alone, of course.

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00:19:57,760 --> 00:20:00,160
Speaker 4: They're on most people's minds as retirement to pro which

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00:20:00,160 --> 00:20:02,240
Speaker 4: is and while it's difficult to answer the questions for sure,

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00:20:02,720 --> 00:20:05,159
Speaker 4: the expertim at Milford can help guide you in the

418
00:20:05,240 --> 00:20:08,159
Speaker 4: right direction. With Milford's award winning investment expertise, their focus

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00:20:08,280 --> 00:20:11,040
Speaker 4: on risk management, the years of experience not to be

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00:20:11,160 --> 00:20:13,919
Speaker 4: underestimated and financial advice. You can be well on your

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00:20:13,960 --> 00:20:15,680
Speaker 4: way to making the most of those savings. So why

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00:20:15,720 --> 00:20:17,920
Speaker 4: would you wait? If you want to know more and

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00:20:18,160 --> 00:20:21,640
Speaker 4: see their financial advice provided disclosure statement. Milford asset dot

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00:20:21,760 --> 00:20:25,200
Speaker 4: com slash retire well is where you need to be heading.

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00:20:25,280 --> 00:20:30,359
Speaker 4: Note this one down Milford asset dot com slash retire

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00:20:30,680 --> 00:20:34,840
Speaker 4: well basking Smith and Coey have the best online shopping giver.

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Speaker 4: Can you have the best online shopping if it's just online?

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Speaker 4: It's all in the same channel as they say, but

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Speaker 4: they are. I'm a massive fan of Smith and Coey.

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Speaker 4: But what I'm so happy about is the history of

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Speaker 4: the place. You don't want to lose history. We lose

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Speaker 4: enough history in this country as it. As I do

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Speaker 4: a lot of online shopping, this comes out on top

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Speaker 4: ten brew. Please to hear here's an irony from our

435
00:20:52,920 --> 00:20:55,920
Speaker 4: o the Irony file. Former Premier of New South Wales,

436
00:20:56,000 --> 00:20:59,520
Speaker 4: Dominic Perete, he gave his farewell speech in Parliament yesterday,

437
00:21:00,160 --> 00:21:06,280
Speaker 4: conceded his government should not have pursued COVID nineteen vaccine mandates.

438
00:21:07,400 --> 00:21:11,199
Speaker 4: People's personal choices should not have cost them their jobs.

439
00:21:11,880 --> 00:21:18,399
Speaker 4: Vaccines saved lives, but ultimately mandates were wrong. Interesting you

440
00:21:18,480 --> 00:21:20,720
Speaker 4: say something that profound as you leave the building, isn't it?

441
00:21:20,920 --> 00:21:25,280
Speaker 16: Six forty five International correspondence with ends in Eye Insurance

442
00:21:25,480 --> 00:21:27,399
Speaker 16: Peace of Mind for New Zealand Business.

443
00:21:27,200 --> 00:21:30,240
Speaker 4: Well as Mitch McCann Morning to you, morning, Mike. How

444
00:21:30,280 --> 00:21:31,960
Speaker 4: are you farm? Well, You're gonna be loving doing what

445
00:21:32,080 --> 00:21:33,960
Speaker 4: you're doing at moment. I mean, hasn't this ended up

446
00:21:34,000 --> 00:21:35,639
Speaker 4: well for you living in the States. You got your

447
00:21:35,680 --> 00:21:39,320
Speaker 4: new job. There's the whole world's unfolding in a rapid pace.

448
00:21:39,400 --> 00:21:41,840
Speaker 4: You've got to be a pig and muck with us,

449
00:21:41,880 --> 00:21:42,159
Speaker 4: don't you.

450
00:21:42,680 --> 00:21:44,879
Speaker 9: Yeah. It is pretty amazing sometimes, especially at some of

451
00:21:44,920 --> 00:21:47,400
Speaker 9: these Trump rallies. I think, you know, the people here

452
00:21:47,440 --> 00:21:49,880
Speaker 9: get tiring after about fifteen minutes, but it is quite

453
00:21:49,880 --> 00:21:50,680
Speaker 9: amazing being there.

454
00:21:50,760 --> 00:21:54,440
Speaker 4: Sometimes talk to me about Tim What is it Wolls Walls.

455
00:21:54,920 --> 00:21:57,960
Speaker 9: Yeah, it's Wols No tea, So Tim Wolves. He was

456
00:21:58,000 --> 00:22:01,360
Speaker 9: described this morning by Commentation of Mike as the darkest

457
00:22:01,440 --> 00:22:03,960
Speaker 9: of dark horses in the race, because he didn't have

458
00:22:04,040 --> 00:22:06,720
Speaker 9: a huge amount of name recognition until a couple of

459
00:22:06,760 --> 00:22:09,800
Speaker 9: weeks ago. He is the governor of the state of Minnesota.

460
00:22:09,840 --> 00:22:11,800
Speaker 9: He's in a second term and now he is the

461
00:22:12,000 --> 00:22:15,800
Speaker 9: running mate for Kamala Harris for Brice president. Now, one

462
00:22:15,840 --> 00:22:18,000
Speaker 9: of the interesting things about Tim Walls is he is

463
00:22:18,280 --> 00:22:21,240
Speaker 9: uniquely normal for this kind of job. Mike, he wasn't

464
00:22:21,240 --> 00:22:23,760
Speaker 9: a hot shot lawyer, he wasn't a foreign affairs expert.

465
00:22:24,119 --> 00:22:26,000
Speaker 9: He was in the National Guard for twenty years, so

466
00:22:26,040 --> 00:22:28,040
Speaker 9: he's got a military background. But then he became a

467
00:22:28,160 --> 00:22:31,119
Speaker 9: high school teacher and a football coach. Now, those are

468
00:22:31,160 --> 00:22:33,720
Speaker 9: great jobs, but they're not ones usually associated with someone

469
00:22:33,760 --> 00:22:36,600
Speaker 9: who goes on to become the president or the vice president.

470
00:22:36,680 --> 00:22:39,680
Speaker 9: Of course, Jos Shapiro was a prosecutor and Mark Kelly

471
00:22:39,800 --> 00:22:42,879
Speaker 9: was an astronaut, but they've been beaten out by Tim Walls.

472
00:22:43,200 --> 00:22:46,800
Speaker 4: He's progressive, though, isn't he. So that's a left leaning ticket.

473
00:22:47,560 --> 00:22:48,040
Speaker 10: Very much so.

474
00:22:48,240 --> 00:22:51,520
Speaker 9: Some of his policies in Minnesota are free college tuition

475
00:22:51,640 --> 00:22:54,840
Speaker 9: for low income students, free meals for school children, legal

476
00:22:54,920 --> 00:22:58,560
Speaker 9: recreational marijuana, and protections for transgender people. And that's what

477
00:22:58,720 --> 00:23:02,919
Speaker 9: the Trump campaign is really going after him for. Today

478
00:23:02,960 --> 00:23:06,040
Speaker 9: they put out a statement saying that just like Kamala Harris,

479
00:23:06,119 --> 00:23:10,320
Speaker 9: Tim Wals is dangerously liberal extremist, and the Harris Walsh

480
00:23:10,400 --> 00:23:13,960
Speaker 9: Californian Dreamers, Everyone's American nightmare. So that's what they're going

481
00:23:14,040 --> 00:23:16,639
Speaker 9: after him on being very progressive.

482
00:23:17,000 --> 00:23:17,640
Speaker 4: Is he eloquent?

483
00:23:19,640 --> 00:23:22,200
Speaker 9: Well, he's not as eloquent perhaps as Josh Shapiro. He

484
00:23:22,359 --> 00:23:26,479
Speaker 9: was compared to someone like Barack Obama. Obviously Barack Obama

485
00:23:26,560 --> 00:23:29,159
Speaker 9: was a great orator, and Josh Shapiro is a very

486
00:23:29,160 --> 00:23:31,680
Speaker 9: good speech maker. Tim Walts is more of your sort

487
00:23:31,680 --> 00:23:35,199
Speaker 9: of folksy midwesterner and people just seem to really like him.

488
00:23:35,240 --> 00:23:37,080
Speaker 9: We talked about this on Monday, Mike. There seemed to

489
00:23:37,080 --> 00:23:40,360
Speaker 9: be this movement within the Democratic Party from the hierarchy

490
00:23:40,440 --> 00:23:43,720
Speaker 9: to try and push Kamala Harris towards picking him. It's

491
00:23:43,760 --> 00:23:45,960
Speaker 9: hoped he's going to bring some of these Midwestern votes in.

492
00:23:46,040 --> 00:23:48,680
Speaker 9: I mean, there's pictures floating around of him hunting with

493
00:23:48,800 --> 00:23:51,480
Speaker 9: big guns. You can expect some people and parts of that,

494
00:23:52,240 --> 00:23:55,040
Speaker 9: you know, states like Iowa, Ohio to really go for

495
00:23:55,560 --> 00:23:57,399
Speaker 9: someone like that. So I think that's what they're betting on.

496
00:23:57,760 --> 00:24:00,560
Speaker 4: Okay, Then we got the weather. Give us anup on Debbi.

497
00:24:00,560 --> 00:24:01,240
Speaker 4: Where are we at with that?

498
00:24:01,920 --> 00:24:04,159
Speaker 9: Yeah? So five people were killed by Debbie are tropical

499
00:24:04,200 --> 00:24:07,720
Speaker 9: Storm Debbi in Florida. It's been downgraded to a tropical storm,

500
00:24:07,760 --> 00:24:09,760
Speaker 9: but it's still expected to cause a lot of havoc

501
00:24:09,840 --> 00:24:13,000
Speaker 9: today in South Carolina and in Georgia. I had a

502
00:24:13,040 --> 00:24:15,159
Speaker 9: look at the rain radar a short time ago, and

503
00:24:15,359 --> 00:24:18,240
Speaker 9: there is a huge amount of rain moving over Charleston

504
00:24:18,320 --> 00:24:20,920
Speaker 9: at the moment. So they're hoping to get out unscared,

505
00:24:20,960 --> 00:24:22,920
Speaker 9: but it remains to be seen how that's going to go.

506
00:24:23,000 --> 00:24:25,000
Speaker 4: Good stuff, just quickly. Does he look like Warren Buffet

507
00:24:25,080 --> 00:24:25,600
Speaker 4: or is it just me?

508
00:24:26,480 --> 00:24:27,560
Speaker 2: He doesn't matter, he does.

509
00:24:27,640 --> 00:24:29,120
Speaker 5: You know he's only sixty years old.

510
00:24:29,119 --> 00:24:30,480
Speaker 17: I thought he looked a little bit older than that.

511
00:24:30,640 --> 00:24:32,800
Speaker 5: He's only one year older than Kamala Harris.

512
00:24:33,000 --> 00:24:36,200
Speaker 4: You know what I look like, right, You're very young? Yeah,

513
00:24:36,280 --> 00:24:39,880
Speaker 4: well no, no need for the obvious platter, but I'm

514
00:24:39,920 --> 00:24:42,640
Speaker 4: the same age as him. You wouldn't pick it, would Yeah,

515
00:24:42,840 --> 00:24:45,320
Speaker 4: he looks much older. Yeah, exactly. Nice to see ye.

516
00:24:45,359 --> 00:24:46,679
Speaker 4: I'll keep you on the program a bit longert Mitch,

517
00:24:46,800 --> 00:24:50,399
Speaker 4: very well, very well handled, Mitch McCann. Yeah, he looks

518
00:24:52,640 --> 00:24:56,280
Speaker 4: sixty eight all day long. Very Warren buffettesk by the way,

519
00:24:56,359 --> 00:24:59,680
Speaker 4: football coach. He joined the Guard as dad died when

520
00:25:00,160 --> 00:25:03,080
Speaker 4: lung cancer when he was just nineteen and he spoke

521
00:25:03,520 --> 00:25:07,680
Speaker 4: of how Social Security survivor Bennett's benefits sustained his mother,

522
00:25:08,200 --> 00:25:10,480
Speaker 4: how the GI Bill paid for his college education. So

523
00:25:10,520 --> 00:25:13,640
Speaker 4: it's a classic. It's that classic American story. He spent

524
00:25:13,680 --> 00:25:16,440
Speaker 4: a year teaching in China around the time of Tienaman Square,

525
00:25:16,560 --> 00:25:20,720
Speaker 4: later honeymoon with his wife in China, organized summer educational

526
00:25:20,840 --> 00:25:24,960
Speaker 4: trips to China for US students. So a love of

527
00:25:25,119 --> 00:25:27,320
Speaker 4: China that I just can't help but think might well

528
00:25:27,440 --> 00:25:30,439
Speaker 4: come back to bite him in the bump. Give him

529
00:25:30,440 --> 00:25:32,480
Speaker 4: the geopolitics of the day. By the way, Disney while

530
00:25:32,480 --> 00:25:34,720
Speaker 4: we're in that particular part of the world, although will

531
00:25:34,760 --> 00:25:37,240
Speaker 4: be here of course, because screaming is global. Mid October,

532
00:25:37,760 --> 00:25:40,439
Speaker 4: Disney are bumping the price Disney plus Hulu and ESPN.

533
00:25:40,560 --> 00:25:43,160
Speaker 4: It's all bundles. It's bundles, bundles, bundles. If you haven't

534
00:25:43,160 --> 00:25:45,240
Speaker 4: got a bundle, watch out, you're going to get a bundle.

535
00:25:45,240 --> 00:25:48,200
Speaker 4: They're up. They're prices one to two dollars. Most expensive

536
00:25:48,200 --> 00:25:51,000
Speaker 4: plan for Hulu, which is another six dollars per month.

537
00:25:51,080 --> 00:25:53,199
Speaker 4: It's all designed for you to just scoop them all up,

538
00:25:53,359 --> 00:25:55,760
Speaker 4: put them in a pile, pay them a fortune. Never

539
00:25:55,840 --> 00:25:58,040
Speaker 4: watch it again and just wonder why you're being ripped off.

540
00:25:58,240 --> 00:25:59,760
Speaker 4: That's how she is rolling these days.

541
00:26:00,200 --> 00:26:06,040
Speaker 1: Two seven, the hosting breakfast with Alveda retirement Communities.

542
00:26:06,760 --> 00:26:09,800
Speaker 4: Just before we leave America, just as Thomas who's on

543
00:26:09,880 --> 00:26:12,800
Speaker 4: the Supreme Court, of course, and has previously been doing

544
00:26:12,840 --> 00:26:16,280
Speaker 4: a little bit of travel at the leisure of some friends,

545
00:26:16,560 --> 00:26:19,040
Speaker 4: at the generosity of some friends, including mister Crow, who

546
00:26:19,040 --> 00:26:21,399
Speaker 4: happens to be a billionaire. One of the things there,

547
00:26:21,480 --> 00:26:23,920
Speaker 4: the Democrats is still after him. But one of the

548
00:26:23,960 --> 00:26:26,920
Speaker 4: things that came out yesterday that wasn't being disclosed. The

549
00:26:26,960 --> 00:26:29,880
Speaker 4: whole argument is basically, under the old rules, I disclosed

550
00:26:29,880 --> 00:26:31,760
Speaker 4: all I needed to. Under these new rules, I'll try

551
00:26:31,760 --> 00:26:33,600
Speaker 4: and do a bit better. Anyway, turns out he took

552
00:26:33,600 --> 00:26:37,159
Speaker 4: a private jet flight to New Zealand, so if you

553
00:26:37,240 --> 00:26:41,879
Speaker 4: saw them, let me know. You know big that stands

554
00:26:41,880 --> 00:26:43,400
Speaker 4: out UK. By the way, they're going to do something

555
00:26:43,400 --> 00:26:49,480
Speaker 4: about this. We're up to five countries issuing travel warnings UAE, Nigeria, Malaysia,

556
00:26:49,800 --> 00:26:54,520
Speaker 4: Indonesia and Australia. And so when Australia is issuing warnings

557
00:26:54,560 --> 00:26:57,399
Speaker 4: to travel to the UK, you know you've got problems.

558
00:26:57,440 --> 00:26:59,560
Speaker 4: So Kirstar has got to get this thing under control.

559
00:27:00,320 --> 00:27:04,800
Speaker 4: They are talking terrorism now, charges of terrorism. The first

560
00:27:04,880 --> 00:27:07,159
Speaker 4: person convicted who was described at the British media this

561
00:27:07,240 --> 00:27:09,240
Speaker 4: morning as an armchier thug. I'm just reflecting back on

562
00:27:09,280 --> 00:27:11,359
Speaker 4: what Rod was saying is yesterday they're all biffos and

563
00:27:11,400 --> 00:27:16,240
Speaker 4: bozos and halfwits soccer thugs. Basically he's been called an armchier.

564
00:27:16,320 --> 00:27:19,359
Speaker 4: First person who's been convicted smash the f out of

565
00:27:19,440 --> 00:27:22,440
Speaker 4: migrant motels. He's in an armchair, he's in a lazy

566
00:27:22,480 --> 00:27:25,280
Speaker 4: boy because he's broken his heel. His name's Jordan. His

567
00:27:25,440 --> 00:27:28,800
Speaker 4: name's Jordan, he's twenty eight. As lawyer described him as

568
00:27:28,840 --> 00:27:32,680
Speaker 4: a family man. Anyway, armchier thug is what the media

569
00:27:32,720 --> 00:27:35,080
Speaker 4: recalling a far right yob smash the f out of

570
00:27:35,119 --> 00:27:38,920
Speaker 4: a hotel housing asylum seekers. He's locked up pending sentencing

571
00:27:39,240 --> 00:27:42,119
Speaker 4: because they're Ovaria living the life for Riley. That's what

572
00:27:42,200 --> 00:27:45,000
Speaker 4: he says online. They're Overia living their life for Riley.

573
00:27:45,200 --> 00:27:48,080
Speaker 4: Look him up. He's exactly how Rod described. He's the

574
00:27:48,240 --> 00:27:52,000
Speaker 4: sort of garmless yob that Rod describes him.

575
00:27:52,000 --> 00:27:54,000
Speaker 18: It's good to hear that he is a family man

576
00:27:54,080 --> 00:27:56,080
Speaker 18: and that he has managed to reproduce that's good.

577
00:27:56,440 --> 00:28:00,560
Speaker 4: I was worrying five minutes away from seven is the outs.

578
00:28:00,880 --> 00:28:04,920
Speaker 1: It's the fizz with business Tiber take your business productivity

579
00:28:05,040 --> 00:28:05,920
Speaker 1: to the next level.

580
00:28:06,000 --> 00:28:09,120
Speaker 4: Young blands, the young run KFC, Pizza Hut, Taco Bell.

581
00:28:09,160 --> 00:28:11,280
Speaker 4: This is international Q two result. What do we got?

582
00:28:11,400 --> 00:28:14,080
Speaker 4: Net income of six hundred and sixteen million, down from

583
00:28:14,119 --> 00:28:16,680
Speaker 4: seven oh two, so the game backwards. Increase of sales

584
00:28:16,680 --> 00:28:18,520
Speaker 4: at four percent. So what happened there? Well, that's mainly

585
00:28:18,600 --> 00:28:21,800
Speaker 4: due to new restaurant openings. Pizza Hut, KFC same store

586
00:28:21,840 --> 00:28:24,960
Speaker 4: sales falling three percent all over the world. US same

587
00:28:25,000 --> 00:28:28,200
Speaker 4: store sales are for KFC down five three percent in China,

588
00:28:28,240 --> 00:28:31,159
Speaker 4: which is their biggest market. Taco Bell come on in

589
00:28:31,440 --> 00:28:35,880
Speaker 4: Shining Light, same saw sales increased by five percent. That's

590
00:28:35,960 --> 00:28:38,880
Speaker 4: concentrated on the US, and they're seen as bank forbucka

591
00:28:38,920 --> 00:28:40,800
Speaker 4: the bank for Taco Bell never than to Taco Bell

592
00:28:40,840 --> 00:28:42,960
Speaker 4: bang for buck apparently, so Americans looking for a good deal.

593
00:28:43,520 --> 00:28:45,640
Speaker 4: They blame the lower profits and sales on tensions in

594
00:28:45,680 --> 00:28:48,400
Speaker 4: the Middle East as well as more cost conscious consumers.

595
00:28:48,600 --> 00:28:51,640
Speaker 4: About two hundred the restaurants, if we're calling KFC and

596
00:28:51,680 --> 00:28:54,040
Speaker 4: Taco Bell restaurants, they're closed in the Middle East and

597
00:28:54,160 --> 00:28:57,720
Speaker 4: Malaysia and Indonesia, with some expected to close permanently of

598
00:28:57,760 --> 00:29:00,720
Speaker 4: the conflict worsened. So it depends on the g politics

599
00:29:01,360 --> 00:29:03,960
Speaker 4: of burritos and pies and fried chicken. You just you

600
00:29:04,040 --> 00:29:06,080
Speaker 4: just don't want to underestimate it, mark my words.

601
00:29:06,160 --> 00:29:08,240
Speaker 10: That's why I go for them. It's I'm philosophical.

602
00:29:08,280 --> 00:29:09,240
Speaker 4: What's your best taco bell?

603
00:29:09,840 --> 00:29:10,880
Speaker 10: What's my best tak Yeah?

604
00:29:10,880 --> 00:29:11,520
Speaker 9: What do you it?

605
00:29:11,640 --> 00:29:13,400
Speaker 13: All? You like it all?

606
00:29:13,520 --> 00:29:15,800
Speaker 10: Yeah? Yeah, so order it? I just had one of everything.

607
00:29:15,880 --> 00:29:17,760
Speaker 4: Well, what are they called? What's a taco bell called?

608
00:29:17,800 --> 00:29:20,560
Speaker 4: What do you call like the big It's just a taco?

609
00:29:20,640 --> 00:29:21,440
Speaker 4: Do you call it the big?

610
00:29:23,000 --> 00:29:23,120
Speaker 5: Get?

611
00:29:23,200 --> 00:29:24,920
Speaker 10: You get your taco bowls?

612
00:29:25,240 --> 00:29:25,960
Speaker 4: Taco bowls?

613
00:29:26,040 --> 00:29:26,240
Speaker 17: Yeah?

614
00:29:26,280 --> 00:29:29,920
Speaker 4: Yeah, yeah, that's full of taco, is it? How much

615
00:29:29,920 --> 00:29:30,840
Speaker 4: does a taco bowl?

616
00:29:31,320 --> 00:29:32,520
Speaker 10: I don't know off the top of my head.

617
00:29:32,560 --> 00:29:34,160
Speaker 4: I don't get that off See, you're not in recession,

618
00:29:34,160 --> 00:29:36,640
Speaker 4: are you. I mean, that's a guy who's loaded. He's

619
00:29:36,640 --> 00:29:38,120
Speaker 4: paid far too much money. He doesn't even know what

620
00:29:38,160 --> 00:29:40,200
Speaker 4: does fast food cost? How much? I could tell you

621
00:29:40,280 --> 00:29:42,560
Speaker 4: what everything costs at my place, from from A to

622
00:29:42,680 --> 00:29:45,640
Speaker 4: B C to it news in a cup. Speaking of

623
00:29:46,200 --> 00:29:49,520
Speaker 4: incomes jobs, what's the job numbers coming today or the

624
00:29:49,600 --> 00:29:51,960
Speaker 4: job number coming today more for you shortly.

625
00:29:52,880 --> 00:29:56,680
Speaker 1: The breakfast show you can trust the mic hosting breakfast

626
00:29:56,920 --> 00:30:00,440
Speaker 1: with the range Rover be La designed to you can

627
00:30:00,560 --> 00:30:01,200
Speaker 1: use togs.

628
00:30:01,000 --> 00:30:03,320
Speaker 4: En seven past seven. So jobs day to day, of course,

629
00:30:03,320 --> 00:30:05,520
Speaker 4: another important part of the economic story that will help

630
00:30:05,600 --> 00:30:08,040
Speaker 4: inform the Reserve Bank as to whether the misery that

631
00:30:08,120 --> 00:30:10,200
Speaker 4: they've engineered has done its job so they can start

632
00:30:10,200 --> 00:30:13,120
Speaker 4: to cut the cash rate. Senior economist at Westpac, Michael Gordon,

633
00:30:13,160 --> 00:30:14,400
Speaker 4: back with us. Michael, morning to you.

634
00:30:15,320 --> 00:30:19,520
Speaker 19: Good morning, your numbers. What we're expecting four point seven

635
00:30:19,640 --> 00:30:22,240
Speaker 19: for today's survey. That's coming from four point three percent

636
00:30:22,320 --> 00:30:23,360
Speaker 19: unemployment great last time.

637
00:30:23,560 --> 00:30:25,480
Speaker 4: And if it's more than four point seven, do we

638
00:30:25,680 --> 00:30:28,400
Speaker 4: panic then think we're heading to recession and the market

639
00:30:28,480 --> 00:30:29,680
Speaker 4: goes into free fall or not.

640
00:30:31,400 --> 00:30:35,120
Speaker 19: Probably not that dramatic from just one number, but I mean,

641
00:30:35,160 --> 00:30:38,520
Speaker 19: certainly I think we are heading towards probably more like

642
00:30:38,640 --> 00:30:40,240
Speaker 19: five and a half at some point by the middle

643
00:30:40,240 --> 00:30:42,880
Speaker 19: of the year. So how today's number comes out probably

644
00:30:42,880 --> 00:30:44,680
Speaker 19: doesn't really change that overall picture, which is.

645
00:30:44,680 --> 00:30:48,160
Speaker 4: A very important point you make. So as miserable as

646
00:30:48,200 --> 00:30:50,120
Speaker 4: we are about four point six or four point seven

647
00:30:50,200 --> 00:30:52,080
Speaker 4: it's still got a long way to go, hasn't it.

648
00:30:52,280 --> 00:30:52,760
Speaker 4: In theory?

649
00:30:54,120 --> 00:30:56,040
Speaker 19: Yeah, I mean, the labor market tends to be one

650
00:30:56,080 --> 00:30:58,800
Speaker 19: of the last shoes to drop in any economic cycle.

651
00:30:58,840 --> 00:31:01,280
Speaker 19: This is really the product of it's almost two years

652
00:31:01,360 --> 00:31:04,240
Speaker 19: now of an economy. It's kind of in a slow leak,

653
00:31:04,640 --> 00:31:08,080
Speaker 19: and it had a pretty mild impact on unemployment at first,

654
00:31:08,120 --> 00:31:09,560
Speaker 19: but it's really been picking up the pace more in

655
00:31:09,600 --> 00:31:10,440
Speaker 19: the last few quarters.

656
00:31:10,720 --> 00:31:12,920
Speaker 4: You've changed. I mean, I think it was you guys

657
00:31:12,920 --> 00:31:15,320
Speaker 4: who came with Q two and Q three. You're seeing

658
00:31:15,400 --> 00:31:18,400
Speaker 4: some real trouble for the economy. How does the Reserve

659
00:31:18,560 --> 00:31:22,200
Speaker 4: Bank interpret all that we're seeing in this ongoing battle

660
00:31:22,240 --> 00:31:25,560
Speaker 4: between the it's bad enough help us versus not not

661
00:31:25,680 --> 00:31:26,600
Speaker 4: quite bad enough yet?

662
00:31:28,800 --> 00:31:32,640
Speaker 19: Well, I think it'll feed into their forecast when they

663
00:31:32,680 --> 00:31:35,240
Speaker 19: come out next week, and I mean it should ultimately

664
00:31:35,480 --> 00:31:38,000
Speaker 19: mean less inflation pression that they were worrying about. I mean,

665
00:31:38,000 --> 00:31:40,280
Speaker 19: it's really the kind of the homegrown inflation stuff that's

666
00:31:40,320 --> 00:31:43,840
Speaker 19: been worrying them lately. So unfortunately, that does mean that,

667
00:31:44,760 --> 00:31:46,640
Speaker 19: you know, having some weakness in the economy and kind

668
00:31:46,680 --> 00:31:49,360
Speaker 19: of taking that pricing power out is really a key

669
00:31:49,400 --> 00:31:50,880
Speaker 19: part of the formula that they need to see.

670
00:31:51,160 --> 00:31:53,400
Speaker 4: No one's cutting yet. Obviously the Fed's got the big

671
00:31:53,480 --> 00:31:55,840
Speaker 4: headline so far this week. Yesterday we had Australia not

672
00:31:55,960 --> 00:31:57,480
Speaker 4: only aren't they cutting, but it's going to be a

673
00:31:57,520 --> 00:31:59,520
Speaker 4: long time before they do, and they've still got hikes

674
00:31:59,560 --> 00:32:02,720
Speaker 4: on the tape. How out of sync are we or

675
00:32:02,800 --> 00:32:04,280
Speaker 4: are they all individual stories?

676
00:32:05,480 --> 00:32:07,720
Speaker 19: I think everyone's sort of running at their own pace

677
00:32:07,840 --> 00:32:10,480
Speaker 19: at the moment. So there's been a couple I think

678
00:32:10,920 --> 00:32:14,920
Speaker 19: Canada has cut a couple of times, the UK's reluctantly

679
00:32:15,000 --> 00:32:17,280
Speaker 19: cut once. They're all kind of in different positions in

680
00:32:17,440 --> 00:32:20,800
Speaker 19: terms of how close inflation is to those targets that

681
00:32:20,880 --> 00:32:25,880
Speaker 19: they need to see. We are, unfortunately still at towards

682
00:32:25,920 --> 00:32:28,000
Speaker 19: the higher end of that range. So we haven't had

683
00:32:28,040 --> 00:32:31,680
Speaker 19: nearly as much success as the likes of Canada, as

684
00:32:31,920 --> 00:32:32,760
Speaker 19: for instance, has done.

685
00:32:33,080 --> 00:32:36,840
Speaker 4: So has anything materially changed in your view? Recut So

686
00:32:36,960 --> 00:32:38,920
Speaker 4: we're still you're still thinking towards the end of the year.

687
00:32:40,760 --> 00:32:43,880
Speaker 19: So we have cuts starting from the October meeting and

688
00:32:43,920 --> 00:32:46,960
Speaker 19: then another one in November. So that's the that's the

689
00:32:47,040 --> 00:32:50,080
Speaker 19: last opportunity of the year. We have been bringing that

690
00:32:50,240 --> 00:32:52,760
Speaker 19: timing forward just to reflect the way that the data

691
00:32:52,800 --> 00:32:54,800
Speaker 19: has been turning out, and I think certainly if you're

692
00:32:54,880 --> 00:32:58,280
Speaker 19: kind of looking at the highest frequency stuff like we do,

693
00:32:59,120 --> 00:33:02,040
Speaker 19: there's probably sort of a a turn towards the worst

694
00:33:02,200 --> 00:33:05,280
Speaker 19: has come more recently to like some of these June numbers.

695
00:33:05,720 --> 00:33:09,880
Speaker 19: It's not really that easy to to sort of figure

696
00:33:09,920 --> 00:33:12,960
Speaker 19: out what is driving that first because it's been quite

697
00:33:12,960 --> 00:33:15,600
Speaker 19: sudden and it can just be noised. But yeah, certainly

698
00:33:15,680 --> 00:33:17,680
Speaker 19: just kind of noticed more recently things have taken a

699
00:33:17,760 --> 00:33:18,680
Speaker 19: bit of a turn for the worse.

700
00:33:18,800 --> 00:33:22,120
Speaker 4: Would you expect Adrien to note that next week if

701
00:33:22,240 --> 00:33:24,600
Speaker 4: what he sees is what you see, because he's not

702
00:33:24,640 --> 00:33:28,640
Speaker 4: cutting till next year apparently officially, Well, I.

703
00:33:28,680 --> 00:33:32,560
Speaker 19: Think in their last statement last month, without putting any

704
00:33:32,640 --> 00:33:35,280
Speaker 19: numbers around it, there's certainly indicative in words that they'd

705
00:33:35,360 --> 00:33:38,080
Speaker 19: come off that view. You know, then they'll be having

706
00:33:38,080 --> 00:33:40,680
Speaker 19: their discussions at the moment and running through some of

707
00:33:40,720 --> 00:33:43,280
Speaker 19: that recent data, so I don't think they're really going

708
00:33:43,320 --> 00:33:45,040
Speaker 19: to be too far from what we're thinking at the moment.

709
00:33:45,120 --> 00:33:47,600
Speaker 4: Good stuff, Michael, appreciate your expertise as always, Michael Gordon,

710
00:33:47,640 --> 00:33:50,840
Speaker 4: Westpac Senior Economists, eleven past seven, The last blinder of

711
00:33:50,880 --> 00:33:53,080
Speaker 4: the Time's got the motor trade association with a campaign

712
00:33:53,120 --> 00:33:55,600
Speaker 4: to better protect service station workers. In the first six

713
00:33:55,680 --> 00:33:59,239
Speaker 4: months of this year, there's been sixty aggravated robberies more

714
00:33:59,320 --> 00:34:03,040
Speaker 4: than twelve thousand reported thefts. MTA have released a ten

715
00:34:03,120 --> 00:34:05,680
Speaker 4: point action plan. Chief executive Lee Marshals will us leave

716
00:34:05,720 --> 00:34:06,400
Speaker 4: very good morning to you.

717
00:34:07,400 --> 00:34:08,279
Speaker 20: Hey, good morning mate.

718
00:34:08,640 --> 00:34:10,680
Speaker 4: I was hoping you could come on the program and say,

719
00:34:10,680 --> 00:34:12,880
Speaker 4: I'll tell you what things are improving rapidly. So we're

720
00:34:12,920 --> 00:34:15,040
Speaker 4: really bullish about this. Are you saying anything like that

721
00:34:15,120 --> 00:34:15,879
Speaker 4: at all or not? Really?

722
00:34:17,360 --> 00:34:21,359
Speaker 20: No, unfortunately not. I think it's possible that we've reached

723
00:34:21,360 --> 00:34:23,000
Speaker 20: a point where things are not getting any worse, but

724
00:34:23,080 --> 00:34:26,680
Speaker 20: they're not getting any better either. Hence, you know, in

725
00:34:26,840 --> 00:34:31,839
Speaker 20: order to help out over almost a thousand petrol station

726
00:34:31,960 --> 00:34:34,279
Speaker 20: sites that we represent across the country, we're trying to

727
00:34:34,360 --> 00:34:36,520
Speaker 20: be their voice to make sure that this continues to

728
00:34:36,560 --> 00:34:39,400
Speaker 20: be an issue and doesn't become doesn't become normal from

729
00:34:39,440 --> 00:34:43,680
Speaker 20: the government's perspective, because crime is a serious issue for

730
00:34:43,880 --> 00:34:47,680
Speaker 20: petrol station retailers across the country. The vast majority of

731
00:34:47,800 --> 00:34:53,160
Speaker 20: them are small independent businesses, franchises or brand licensees, and

732
00:34:53,480 --> 00:34:54,200
Speaker 20: crime hurts.

733
00:34:54,560 --> 00:34:56,920
Speaker 4: Are you seeing any sort of turn around the police

734
00:34:56,960 --> 00:34:59,000
Speaker 4: the governor made a big deal about police cops on

735
00:34:59,040 --> 00:35:01,080
Speaker 4: the beach reacting to it getting and you know these

736
00:35:01,160 --> 00:35:03,480
Speaker 4: twelve thousand thiefts cameras alt of that, do they react

737
00:35:03,600 --> 00:35:03,719
Speaker 4: or not?

738
00:35:05,600 --> 00:35:07,960
Speaker 20: Like Look, I mean, I think that the rhetoric that's

739
00:35:07,960 --> 00:35:10,600
Speaker 20: come from the government has been has been very positive

740
00:35:10,680 --> 00:35:10,960
Speaker 20: to date.

741
00:35:11,040 --> 00:35:11,839
Speaker 21: I don't know that it's.

742
00:35:11,800 --> 00:35:15,840
Speaker 20: Necessarily translated into a lot of action. I mean, to

743
00:35:15,920 --> 00:35:17,840
Speaker 20: be fair to the government, they are calling together a

744
00:35:17,920 --> 00:35:22,239
Speaker 20: Ministerial Advisory Groups for retail crime. I think we'll have

745
00:35:22,280 --> 00:35:24,239
Speaker 20: a space on that yet, but I mean it's all

746
00:35:24,280 --> 00:35:26,120
Speaker 20: in the right direction. But I think what we need

747
00:35:26,160 --> 00:35:29,120
Speaker 20: at this point is action, and that's why we've pulled

748
00:35:29,120 --> 00:35:32,640
Speaker 20: together a ten point plan as part of saying, you

749
00:35:32,719 --> 00:35:35,680
Speaker 20: know what, we're a motor trade association. We're not crime experts.

750
00:35:35,719 --> 00:35:38,200
Speaker 20: That we do think there are practical things that can

751
00:35:38,320 --> 00:35:40,680
Speaker 20: be done that are not too difficult, that will make

752
00:35:40,719 --> 00:35:43,920
Speaker 20: a meaningful difference to the people who are ultimately the

753
00:35:44,040 --> 00:35:45,800
Speaker 20: victims of these crimes across the country.

754
00:35:45,880 --> 00:35:47,680
Speaker 4: I'll put them to Mark mitchell Is with us after

755
00:35:47,760 --> 00:35:49,880
Speaker 4: I give us the top two, what literally can we

756
00:35:50,000 --> 00:35:51,560
Speaker 4: do that isn't being done currently?

757
00:35:52,840 --> 00:35:56,040
Speaker 20: I think what we've tried to do that's not necessarily

758
00:35:56,160 --> 00:35:58,040
Speaker 20: normal in the sere at the moment is be a

759
00:35:58,080 --> 00:36:01,319
Speaker 20: little bit creative. So you know, one of the things

760
00:36:01,360 --> 00:36:04,880
Speaker 20: that we're calling for is given half the cost of

761
00:36:05,000 --> 00:36:08,360
Speaker 20: fuel is tax. It would be great if the victims

762
00:36:08,400 --> 00:36:10,759
Speaker 20: of fuel theft could claim that tax back.

763
00:36:13,040 --> 00:36:15,840
Speaker 4: I got roden, I want the three dollars fifty that.

764
00:36:18,680 --> 00:36:21,120
Speaker 20: Well, if someone steals one hundred dollars worth of fuel

765
00:36:21,160 --> 00:36:23,560
Speaker 20: for the petrol station, fifty dollars of that is tax,

766
00:36:24,040 --> 00:36:24,719
Speaker 20: is what I'm saying.

767
00:36:25,360 --> 00:36:27,040
Speaker 4: That would be a motivation for the government. Of course,

768
00:36:27,080 --> 00:36:28,680
Speaker 4: if then it became to pass, be a motivation for

769
00:36:28,760 --> 00:36:30,440
Speaker 4: the government to actually crack down and get a bit

770
00:36:30,440 --> 00:36:31,799
Speaker 4: serious about it, wouldn't it Because no one.

771
00:36:31,719 --> 00:36:34,719
Speaker 20: Likes there, we go double incentive. I mean, otherwise, we know,

772
00:36:34,880 --> 00:36:37,719
Speaker 20: and we have evidence here and over these that extended

773
00:36:37,760 --> 00:36:40,919
Speaker 20: deep patrols really do make a difference. Would we would

774
00:36:41,000 --> 00:36:44,360
Speaker 20: like to see petrol stations, yeah, included and those And

775
00:36:44,400 --> 00:36:48,080
Speaker 20: the other one is we'd love to see remorse discounts

776
00:36:48,160 --> 00:36:51,880
Speaker 20: disappear for people who are sharing and glorifying their crimes

777
00:36:51,920 --> 00:36:55,840
Speaker 20: on social media, trying to you know, encourage or not encourage,

778
00:36:55,880 --> 00:37:00,760
Speaker 20: but you know, trying to take credibility from from promoting

779
00:37:00,840 --> 00:37:03,360
Speaker 20: what they've done. From our perspective, you don't get to

780
00:37:03,480 --> 00:37:07,560
Speaker 20: firstly commit a crime, secondly tell everybody else what a

781
00:37:07,600 --> 00:37:09,520
Speaker 20: great thing you've done, and then thirdly say you're sorry

782
00:37:09,560 --> 00:37:12,880
Speaker 20: and get a remorse. Discount to us just doesn't make sense.

783
00:37:12,760 --> 00:37:14,920
Speaker 4: Now, it does not. I reckon that might actually and

784
00:37:15,000 --> 00:37:17,160
Speaker 4: I will ask Mark about this, that might actually be

785
00:37:17,280 --> 00:37:19,719
Speaker 4: a part of their discounting law that they're they're putting

786
00:37:19,760 --> 00:37:21,759
Speaker 4: through at the moment. Lee appreciate that Lee Marshall has

787
00:37:21,760 --> 00:37:24,120
Speaker 4: the MTA Chief Executive. But we'll put that detail to

788
00:37:24,400 --> 00:37:26,040
Speaker 4: Mark after right fourteen past.

789
00:37:27,320 --> 00:37:31,720
Speaker 1: The High Asking Breakfast Full Show podcast on iHeartRadio powered

790
00:37:31,760 --> 00:37:32,759
Speaker 1: by News Talks.

791
00:37:32,520 --> 00:37:33,200
Speaker 21: At b Now.

792
00:37:33,280 --> 00:37:35,400
Speaker 4: The council voting on the Marray Wards Lord today, so

793
00:37:35,480 --> 00:37:36,640
Speaker 4: we'll get the update on that for you in a

794
00:37:36,640 --> 00:37:39,080
Speaker 4: couple of moments. Interesting stat for you seventeen past seven.

795
00:37:39,120 --> 00:37:42,080
Speaker 4: By the way, by twenty forty eight, number of retirees

796
00:37:42,120 --> 00:37:44,480
Speaker 4: living in rentals expected to double. That's more than six

797
00:37:44,640 --> 00:37:47,920
Speaker 4: hundred thousand to over sixty five's in the private rental sector.

798
00:37:48,080 --> 00:37:50,480
Speaker 4: Comes out of a Retirement Commission report age. Concerned Chief

799
00:37:50,480 --> 00:37:52,799
Speaker 4: Executive Karen Billings Jensen's with us on this. Karen, very

800
00:37:52,840 --> 00:37:53,400
Speaker 4: good morning to you.

801
00:37:54,120 --> 00:37:54,680
Speaker 13: Good morning.

802
00:37:54,800 --> 00:37:56,960
Speaker 4: Do you believe the numbers? I was mucking around with

803
00:37:57,040 --> 00:37:58,680
Speaker 4: some of the sensors and starts that that's a lot.

804
00:37:58,760 --> 00:38:03,439
Speaker 4: That's a huge perceiverge of over sixty fives if one

805
00:38:03,600 --> 00:38:05,759
Speaker 4: is it true? And if it is true, what's gone wrong?

806
00:38:05,800 --> 00:38:06,200
Speaker 4: Do you reckon?

807
00:38:07,880 --> 00:38:10,600
Speaker 13: So our understanding is that it is true. And certainly

808
00:38:10,640 --> 00:38:13,120
Speaker 13: that's what the trajectory is looking like because we can

809
00:38:13,200 --> 00:38:15,920
Speaker 13: see that home ownership has been dropping and there's a

810
00:38:15,960 --> 00:38:19,400
Speaker 13: whole lot of well trod reasons around that. So obviously,

811
00:38:19,600 --> 00:38:22,120
Speaker 13: if home ownership dropping, then rental is going up.

812
00:38:22,600 --> 00:38:25,560
Speaker 4: And the problem the problems with that is what the uncertainty.

813
00:38:26,560 --> 00:38:29,360
Speaker 13: Well, obviously the uncertainty. Everyone wants to have a secure

814
00:38:29,560 --> 00:38:32,719
Speaker 13: home to live in, you know, warm, comfortable, safe, accessible,

815
00:38:34,040 --> 00:38:36,359
Speaker 13: and that's one of the problems. You know, most people

816
00:38:36,440 --> 00:38:38,439
Speaker 13: want to age in place, so they want to age

817
00:38:38,440 --> 00:38:41,680
Speaker 13: in the community that they've got connections with that they know.

818
00:38:42,080 --> 00:38:46,320
Speaker 13: You know, no people have family, have friends, but sometimes

819
00:38:46,400 --> 00:38:49,680
Speaker 13: our housing stock, well many times it isn't suitable to agent.

820
00:38:50,800 --> 00:38:53,560
Speaker 13: And even many of the newer houses that are being built,

821
00:38:53,680 --> 00:38:56,440
Speaker 13: and in the area where I live, lots of new buildings,

822
00:38:57,120 --> 00:38:58,920
Speaker 13: but most to story homes.

823
00:38:59,280 --> 00:39:01,160
Speaker 4: Okay, so you don't want to story. What about the

824
00:39:01,239 --> 00:39:05,280
Speaker 4: apartment market, which has been up until recently relatively boyish

825
00:39:05,320 --> 00:39:07,280
Speaker 4: in terms of new builds, most of them a single

826
00:39:07,400 --> 00:39:10,440
Speaker 4: level is that? Is that an option or the longer

827
00:39:10,520 --> 00:39:12,279
Speaker 4: term rental market, you know where you assign a rental

828
00:39:12,440 --> 00:39:14,120
Speaker 4: agreement for twenty five thirty years.

829
00:39:15,080 --> 00:39:18,160
Speaker 13: Well, what the research shows is that actually landlords have

830
00:39:18,280 --> 00:39:25,400
Speaker 13: a really positive you know, relabor respectful, low maintenance. So

831
00:39:25,560 --> 00:39:29,160
Speaker 13: while apartment living is as great, I guess it's also

832
00:39:29,480 --> 00:39:32,120
Speaker 13: thinking around the belt environment, like where are they, how

833
00:39:32,239 --> 00:39:35,520
Speaker 13: accessible are they? You know, you certainly don't want to

834
00:39:35,560 --> 00:39:38,480
Speaker 13: be stuck number of flaws up, the powers out and

835
00:39:38,560 --> 00:39:39,160
Speaker 13: you can't.

836
00:39:41,040 --> 00:39:41,239
Speaker 10: Look.

837
00:39:41,280 --> 00:39:42,799
Speaker 4: I know people, I know all the people who live

838
00:39:42,840 --> 00:39:45,120
Speaker 4: in an apartment buildings, and that's sort I think that's

839
00:39:45,160 --> 00:39:47,359
Speaker 4: more urban myth. I mean because the times the power

840
00:39:47,440 --> 00:39:49,719
Speaker 4: go out, I means very rare that that happens, isn't it?

841
00:39:50,480 --> 00:39:53,320
Speaker 13: Oh No? And I agree, But it's definitely a solution

842
00:39:53,440 --> 00:39:56,399
Speaker 13: for some people. But again with people wanting to age

843
00:39:56,440 --> 00:39:59,759
Speaker 13: in the communities that they know and where they know

844
00:40:00,040 --> 00:40:03,640
Speaker 13: the doctor, where they know their shots. Yeah, it's really

845
00:40:03,840 --> 00:40:06,640
Speaker 13: just how we're going to marry up the increasing number

846
00:40:06,680 --> 00:40:09,279
Speaker 13: of people that we'll be looking for rentals in an

847
00:40:09,360 --> 00:40:12,880
Speaker 13: older age that will be suitable to agent.

848
00:40:13,360 --> 00:40:15,359
Speaker 4: Okay, Kevin nice and so I appreciate it very much.

849
00:40:15,520 --> 00:40:18,480
Speaker 4: Karen Billings Jensen Age Care CEO. There's new rules coming

850
00:40:18,560 --> 00:40:21,720
Speaker 4: to the rugby this weekend. The All Blacks versus Argentina.

851
00:40:21,719 --> 00:40:23,120
Speaker 4: They're gonna put a clock. They put a clock on

852
00:40:23,160 --> 00:40:25,840
Speaker 4: the kick. Now I suppose that's all right, isn't it?

853
00:40:25,920 --> 00:40:29,200
Speaker 4: I mean, ask old Damien anyway? Are they're gonna put

854
00:40:29,200 --> 00:40:31,239
Speaker 4: a clock on the set for the scrum and the

855
00:40:31,320 --> 00:40:32,640
Speaker 4: line out? And this is going to work? We'll talk

856
00:40:32,640 --> 00:40:34,080
Speaker 4: to a referee. Seven twenty.

857
00:40:35,760 --> 00:40:40,520
Speaker 1: The Mic Asking Breakfast Full Show podcast on iHeartRadio powered

858
00:40:40,640 --> 00:40:41,680
Speaker 1: by News Talks.

859
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867
00:41:02,920 --> 00:41:06,160
Speaker 4: Bioglan Active Magnesium PM night formula that's just twenty two

868
00:41:06,239 --> 00:41:08,960
Speaker 4: thirty nine. While you there, pick up the Missashi one

869
00:41:09,040 --> 00:41:11,759
Speaker 4: hundred percent Way Chocolate Flavor two kg to fuel the

870
00:41:11,840 --> 00:41:14,840
Speaker 4: performance that's ninety eight ninety nine. Links you like a

871
00:41:14,880 --> 00:41:17,160
Speaker 4: bit of Lynx one hundred and sixty five mil range

872
00:41:17,160 --> 00:41:19,800
Speaker 4: of deodorants twenty five percent of That's not all. The

873
00:41:19,880 --> 00:41:23,040
Speaker 4: Chemist Warehouse commitment to deliver the affordable, the accessible healthcare

874
00:41:23,120 --> 00:41:26,000
Speaker 4: continues through their guarantee of free scripts in every store

875
00:41:26,080 --> 00:41:28,680
Speaker 4: every day. So basically, stop paying too much head and store.

876
00:41:28,760 --> 00:41:30,400
Speaker 4: Do it online if you like, and check out the

877
00:41:30,440 --> 00:41:34,200
Speaker 4: great Chemist Warehouse August catalog office. That sale must end today,

878
00:41:34,560 --> 00:41:37,520
Speaker 4: which you can say big time with Chemist Warehouse. Pask

879
00:41:37,520 --> 00:41:40,560
Speaker 4: ging wud be pretty four upside to COVID. As most

880
00:41:40,600 --> 00:41:42,759
Speaker 4: of us got into the Reserve Bank thing, didn't we,

881
00:41:42,840 --> 00:41:44,680
Speaker 4: I mean, we sort of started thinking about it more

882
00:41:44,719 --> 00:41:46,920
Speaker 4: than we ever have, had a better understanding of what

883
00:41:47,080 --> 00:41:50,120
Speaker 4: they're about and how profoundly they've affected, or continue to affect,

884
00:41:50,120 --> 00:41:52,160
Speaker 4: all of our lives. To the FED, I mean, just

885
00:41:52,239 --> 00:41:54,800
Speaker 4: this week, the Fed not cutting until maybe September. But

886
00:41:54,840 --> 00:41:57,600
Speaker 4: then the jobs report comes out previous Friday, people panic,

887
00:41:57,680 --> 00:41:59,960
Speaker 4: the recalls for emergency cuts That won't happen, of course,

888
00:42:00,520 --> 00:42:02,080
Speaker 4: and in a way that's why we have Feds, not

889
00:42:02,120 --> 00:42:05,160
Speaker 4: people who freak out running around the place. Yesterday. The

890
00:42:05,200 --> 00:42:07,719
Speaker 4: Australian Reserve Bank made their call last week. There was

891
00:42:07,760 --> 00:42:10,279
Speaker 4: the real suggestion based on job numbers there were too

892
00:42:10,320 --> 00:42:12,640
Speaker 4: many of them. Not only was there not going to

893
00:42:12,680 --> 00:42:14,759
Speaker 4: be a cut, there could be a hike. That led

894
00:42:14,800 --> 00:42:16,640
Speaker 4: to headline right as suggesting it would be the end

895
00:42:16,680 --> 00:42:19,759
Speaker 4: of Elbane easy and that it was the decision of

896
00:42:19,920 --> 00:42:23,359
Speaker 4: a generation. Next week we got our own Reserve Bank

897
00:42:23,400 --> 00:42:25,480
Speaker 4: doing the same thing. Now there's an amount, not a lot,

898
00:42:25,719 --> 00:42:27,960
Speaker 4: but a bit little bit of thought that they could cut.

899
00:42:28,320 --> 00:42:30,120
Speaker 4: I doubt they will. Jobs are not our problem. We

900
00:42:30,160 --> 00:42:32,680
Speaker 4: certainly don't have too many of those, but inflation has

901
00:42:32,760 --> 00:42:34,239
Speaker 4: not come down to a state that they will be

902
00:42:34,320 --> 00:42:37,359
Speaker 4: comfortable with that non tradable numbers five point four. That's

903
00:42:37,440 --> 00:42:40,360
Speaker 4: not cutting territory. Most retail banks have you heard a

904
00:42:40,400 --> 00:42:42,120
Speaker 4: moment ago, say one or two cuts by the end

905
00:42:42,120 --> 00:42:44,759
Speaker 4: of the year. I think they're probably right, which means

906
00:42:44,800 --> 00:42:46,879
Speaker 4: in this bit's important that the Reserve Bank is wrong,

907
00:42:47,360 --> 00:42:49,560
Speaker 4: and they're currently telling us they're not cutting until well

908
00:42:49,600 --> 00:42:51,960
Speaker 4: into next year. I don't think they're actually that sure.

909
00:42:52,320 --> 00:42:54,600
Speaker 4: But the big clue the game has changed. Although we

910
00:42:54,719 --> 00:42:58,960
Speaker 4: all march to our own beat, we're nevertheless entwined. If

911
00:42:59,000 --> 00:43:00,719
Speaker 4: the feed in America can, we're going to have to.

912
00:43:01,200 --> 00:43:04,000
Speaker 4: We cannot be an outlier. We are so flotsam and

913
00:43:04,120 --> 00:43:08,319
Speaker 4: jetsam esk we go where the world goes. Basically, of course,

914
00:43:08,880 --> 00:43:13,360
Speaker 4: what was What has sort of rooted the US market

915
00:43:13,719 --> 00:43:17,160
Speaker 4: in particular is this tech obsession. A bloke in a

916
00:43:17,239 --> 00:43:20,160
Speaker 4: leather jacket made some neaked AI chips and everybody drank

917
00:43:20,200 --> 00:43:21,960
Speaker 4: the kool aid on what AI was going to do

918
00:43:22,000 --> 00:43:25,520
Speaker 4: with the world. It's another bubble basically, not AI itself necessarily,

919
00:43:25,600 --> 00:43:28,000
Speaker 4: but the hype around the next cool thing made by

920
00:43:28,000 --> 00:43:30,680
Speaker 4: the next cool company. A lot of activity on markets

921
00:43:30,800 --> 00:43:33,359
Speaker 4: is not rooted in basics or fundamentals or common sense,

922
00:43:33,400 --> 00:43:36,759
Speaker 4: but noise and speculative greed. Basically that thing the good

923
00:43:36,800 --> 00:43:39,600
Speaker 4: Lord is. Why are the central banks don't dabble in it?

924
00:43:39,840 --> 00:43:41,960
Speaker 4: Make no mistake, this is all a mess. I mean,

925
00:43:42,040 --> 00:43:44,719
Speaker 4: economically in New zealand's not doing remotely well, but increasingly,

926
00:43:44,800 --> 00:43:48,839
Speaker 4: The white heat of expectation shines on central banks, from

927
00:43:48,880 --> 00:43:52,440
Speaker 4: Wall Street to Shiftley Square yesterday in Australia to the

928
00:43:52,560 --> 00:43:58,200
Speaker 4: terrace next week. Asking Olympics, I've questioned over the last

929
00:43:58,239 --> 00:43:59,759
Speaker 4: week and a half some of the stuff that we'll

930
00:43:59,760 --> 00:44:02,560
Speaker 4: see there. And I watched the wall climbing, the speedball

931
00:44:02,560 --> 00:44:06,359
Speaker 4: climbing this morning as a thing that you go, jeez,

932
00:44:06,400 --> 00:44:09,680
Speaker 4: are pretty fit, pretty cool. Yep, that's impressive. I've climbed

933
00:44:09,680 --> 00:44:12,400
Speaker 4: a wall, not as fast as they have, but so

934
00:44:12,560 --> 00:44:14,840
Speaker 4: they're fast. Good on them. Is it an Olympic sport?

935
00:44:15,000 --> 00:44:15,040
Speaker 16: No?

936
00:44:16,040 --> 00:44:20,440
Speaker 4: We are in the C two canoe sprint. That's the canoe,

937
00:44:20,520 --> 00:44:22,680
Speaker 4: the old what I would call, without getting in trouble

938
00:44:22,719 --> 00:44:25,719
Speaker 4: with anybody, the old Indian canoe. And you go down

939
00:44:25,800 --> 00:44:27,920
Speaker 4: on one knee with one paddle. There's two of you

940
00:44:28,040 --> 00:44:31,200
Speaker 4: in the canoe in your paddle. We're in that. In

941
00:44:31,360 --> 00:44:35,600
Speaker 4: our heat, we were more than forty seconds slower. Forty

942
00:44:35,680 --> 00:44:38,719
Speaker 4: seconds is a two minute race. Forty seconds slower than

943
00:44:38,719 --> 00:44:43,960
Speaker 4: the next worst finisher. In other words, we're hopeless. We

944
00:44:44,200 --> 00:44:49,200
Speaker 4: qualified for the Olympics in a race against just two

945
00:44:49,440 --> 00:44:53,400
Speaker 4: other crews. One of those crews involved people who are

946
00:44:53,440 --> 00:44:57,839
Speaker 4: age seventy. This is the Olympic Games. So we beat

947
00:44:57,920 --> 00:45:01,880
Speaker 4: some seventy year olds. Still not that good. Go to Paris,

948
00:45:02,440 --> 00:45:04,800
Speaker 4: turn out to be pretty hopeless, and you call that

949
00:45:04,880 --> 00:45:08,319
Speaker 4: an Olympic sport. I mean, give me a break, maur

950
00:45:08,360 --> 00:45:12,600
Speaker 4: re Ward laws. Councils all over the country are voting

951
00:45:12,640 --> 00:45:14,520
Speaker 4: on those. They've got to go to a referendamle dump

952
00:45:14,560 --> 00:45:17,600
Speaker 4: the seat completely. Another council does the business today. What's

953
00:45:17,680 --> 00:45:19,200
Speaker 4: their vote? We'll talk more shortly.

954
00:45:20,320 --> 00:45:25,760
Speaker 1: Big news, bold opinions, the Mic Hosking breakfast with Bailey's

955
00:45:25,800 --> 00:45:29,439
Speaker 1: Real Estate doing real estate differently since nineteen seventy three,

956
00:45:29,680 --> 00:45:30,480
Speaker 1: used togs had.

957
00:45:30,360 --> 00:45:33,160
Speaker 4: Been reassured yesterday. I think it was about this time

958
00:45:33,239 --> 00:45:35,920
Speaker 4: ish yesterday that I was busy waxing lyrical about how

959
00:45:35,920 --> 00:45:37,520
Speaker 4: you shouldn't get sucked in at the moment as far

960
00:45:37,600 --> 00:45:39,799
Speaker 4: as banks are concerned, and banks the lowering interest rates

961
00:45:39,840 --> 00:45:41,880
Speaker 4: and the lowering interest rates for several reasons. One, they

962
00:45:41,960 --> 00:45:45,480
Speaker 4: have some sort of anticipatory view that this is broadly speaking,

963
00:45:45,520 --> 00:45:47,960
Speaker 4: where we're heading. But mainly what's driving it at the

964
00:45:48,000 --> 00:45:49,600
Speaker 4: moment is they need to get money out the door,

965
00:45:49,640 --> 00:45:51,839
Speaker 4: and the competition's on, and so they cut by twenty

966
00:45:51,880 --> 00:45:53,719
Speaker 4: thirty points and sort of try and entice you into

967
00:45:53,760 --> 00:45:56,440
Speaker 4: the bank. Having said all of that, and I always

968
00:45:56,480 --> 00:45:58,279
Speaker 4: put the same writer on domean, you know, listen to

969
00:45:58,320 --> 00:45:59,919
Speaker 4: me if you want, don't. If you don't, I don't mind.

970
00:46:00,280 --> 00:46:03,040
Speaker 4: But one roof've got a very good piece. Brokers themselves

971
00:46:03,040 --> 00:46:04,719
Speaker 4: are saying, don't get sucked in at the moment. I mean,

972
00:46:04,760 --> 00:46:07,080
Speaker 4: if you're locking in money long term at five nine nine,

973
00:46:07,120 --> 00:46:10,240
Speaker 4: you're a full easy street to quoted in this particular article,

974
00:46:10,280 --> 00:46:12,880
Speaker 4: I'm reading you'd be a little foolish to lock in

975
00:46:12,960 --> 00:46:15,160
Speaker 4: a three year rate of five nine nine right now.

976
00:46:15,239 --> 00:46:17,759
Speaker 4: There is no question or no doubt in my mind.

977
00:46:17,840 --> 00:46:20,279
Speaker 4: And clearly the brokers are thinking the same way that

978
00:46:20,400 --> 00:46:23,480
Speaker 4: when Adrian goes, he's going to be like many other

979
00:46:23,520 --> 00:46:25,399
Speaker 4: banks around the world. He's going to go one, two,

980
00:46:25,520 --> 00:46:28,279
Speaker 4: three or four, and things are going to start moving

981
00:46:28,320 --> 00:46:31,240
Speaker 4: and start moving fast because there's an increasing and certainly

982
00:46:31,280 --> 00:46:35,880
Speaker 4: you've seen it in America, although they completely overreacted on Monday,

983
00:46:36,000 --> 00:46:41,000
Speaker 4: you've certainly seen the general thinking that the central banks

984
00:46:41,719 --> 00:46:44,800
Speaker 4: ballsed it up the first time, and they're ballsing it

985
00:46:44,880 --> 00:46:47,040
Speaker 4: up again the second time. In other words, they're waiting

986
00:46:47,120 --> 00:46:51,000
Speaker 4: too long and the economy's too cooked and they when

987
00:46:51,040 --> 00:46:52,640
Speaker 4: they go, they're going to go, and that's when the

988
00:46:52,719 --> 00:46:54,600
Speaker 4: interest rates are going to start a full So that's

989
00:46:54,600 --> 00:46:56,319
Speaker 4: in one roof at the moment, twenty two minutes away

990
00:46:56,320 --> 00:47:02,840
Speaker 4: from eight begin Mark and Ginny after I on politics Wednesday. Meantime,

991
00:47:02,880 --> 00:47:05,120
Speaker 4: Lis you, Mari Ward Moore. I is playing out of

992
00:47:05,120 --> 00:47:07,040
Speaker 4: council level around the country as we speak. The current

993
00:47:07,160 --> 00:47:09,520
Speaker 4: district council gathers this morning. They're going to vote on

994
00:47:09,560 --> 00:47:11,239
Speaker 4: whether to keep it or go for a vote and

995
00:47:11,560 --> 00:47:14,800
Speaker 4: ditit or ditgit. The Cavity Cast councilors have chosen to

996
00:47:14,880 --> 00:47:17,520
Speaker 4: keep the award this week and they'll go to a referendum.

997
00:47:17,560 --> 00:47:19,719
Speaker 4: The mayor up north though, is Craig Gipsum, who is

998
00:47:19,760 --> 00:47:21,120
Speaker 4: with there's Craig, very good money to you.

999
00:47:21,960 --> 00:47:22,759
Speaker 15: Yeah, good morning, Mike.

1000
00:47:22,840 --> 00:47:24,800
Speaker 4: How much angst around all of this generally?

1001
00:47:26,560 --> 00:47:29,000
Speaker 15: Probably a lot more than I expected. We've got protests

1002
00:47:29,080 --> 00:47:33,040
Speaker 15: coming into Long and White today. Evidently seems to be

1003
00:47:33,080 --> 00:47:38,000
Speaker 15: a lot of media attention and it's not a present situation.

1004
00:47:38,080 --> 00:47:40,640
Speaker 4: Actually, to be honest, are you here kicking and screaming

1005
00:47:40,680 --> 00:47:42,799
Speaker 4: as a council in other words, you wouldn't have done

1006
00:47:42,840 --> 00:47:44,080
Speaker 4: what the central government has done.

1007
00:47:47,160 --> 00:47:47,279
Speaker 13: Well.

1008
00:47:47,400 --> 00:47:51,320
Speaker 15: I celebrated that, singing in Brown said that it was

1009
00:47:51,360 --> 00:47:53,200
Speaker 15: a return to democracy, because I believe it was. And

1010
00:47:53,239 --> 00:47:57,040
Speaker 15: then I ran the petition back in twenty twenty before

1011
00:47:57,040 --> 00:47:59,520
Speaker 15: and I retrospectively changed the law, and I had a

1012
00:47:59,640 --> 00:48:01,640
Speaker 15: very strong mandate of eight point eight percent of my

1013
00:48:03,000 --> 00:48:07,200
Speaker 15: voters here signing the petition wanting to have have you know,

1014
00:48:07,280 --> 00:48:08,680
Speaker 15: they didn't want the Mary Award.

1015
00:48:09,320 --> 00:48:12,680
Speaker 4: No, the I mean, you can't argue about the democracy thing,

1016
00:48:12,719 --> 00:48:15,800
Speaker 4: can you. I mean, what Mahuta did was undemocratic, and

1017
00:48:15,920 --> 00:48:20,040
Speaker 4: what councils do if they don't ask people is undemocratic,

1018
00:48:20,320 --> 00:48:22,240
Speaker 4: isn't it. I mean it's it's irrefutably true.

1019
00:48:23,400 --> 00:48:26,239
Speaker 15: Oh that's correct, that's what happened. And you know, the

1020
00:48:26,320 --> 00:48:29,640
Speaker 15: thing that's interesting about my position is I then went

1021
00:48:30,160 --> 00:48:32,279
Speaker 15: to the election with my one hundred and fifty word

1022
00:48:32,360 --> 00:48:35,920
Speaker 15: statement where I clearly said that I'd sponsored and presented

1023
00:48:36,000 --> 00:48:38,759
Speaker 15: to the Kipa District the petition objecting to the undemocratic

1024
00:48:38,880 --> 00:48:43,560
Speaker 15: introduction of the race based ward. And I received one

1025
00:48:43,640 --> 00:48:47,719
Speaker 15: thousand and five hundred and ninety two votes above the

1026
00:48:47,840 --> 00:48:51,840
Speaker 15: nearest candidate competing against me out of six. So I

1027
00:48:51,920 --> 00:48:53,400
Speaker 15: see that as a very strong mandate.

1028
00:48:53,480 --> 00:48:55,800
Speaker 4: Min Well, that's democracy, isn't it, And that is a mandate.

1029
00:48:55,960 --> 00:48:59,000
Speaker 4: The interesting thing about it is what councils are doing now.

1030
00:49:00,160 --> 00:49:02,600
Speaker 4: I don't think they'll vote for a referendum because they

1031
00:49:02,760 --> 00:49:04,960
Speaker 4: know if a referendum was held, apart from being a

1032
00:49:05,000 --> 00:49:08,120
Speaker 4: waste of money, they'll lose, won't they. I mean the

1033
00:49:08,280 --> 00:49:09,359
Speaker 4: history tells us they'll lose.

1034
00:49:10,280 --> 00:49:10,680
Speaker 15: That's right.

1035
00:49:11,120 --> 00:49:14,200
Speaker 4: No, no one votes for a Maori ward or seat

1036
00:49:14,480 --> 00:49:16,600
Speaker 4: when given the opportunity. I think I think that's a

1037
00:49:16,640 --> 00:49:17,640
Speaker 4: statement of fact, isn't it.

1038
00:49:18,760 --> 00:49:21,920
Speaker 15: I think it is. Look, I've worked with Mary my business,

1039
00:49:21,960 --> 00:49:23,960
Speaker 15: but there was Mary. I had had probably what would

1040
00:49:24,000 --> 00:49:26,520
Speaker 15: be classes at Mary Business actually in the concrete game,

1041
00:49:26,600 --> 00:49:30,360
Speaker 15: in the subdivision game. And you know those guys I

1042
00:49:30,440 --> 00:49:31,920
Speaker 15: talked to them all the time still and that you

1043
00:49:32,000 --> 00:49:33,840
Speaker 15: know they don't they don't feel they need to be

1044
00:49:34,320 --> 00:49:38,480
Speaker 15: demeaned by having special special war. You know, we're well

1045
00:49:38,560 --> 00:49:41,880
Speaker 15: represented anyway, but married by a population. And we've got

1046
00:49:41,960 --> 00:49:45,680
Speaker 15: three meals in the country, we've got make up north there,

1047
00:49:45,760 --> 00:49:50,040
Speaker 15: we've got tony of taps or we've got farn hour

1048
00:49:50,080 --> 00:49:53,239
Speaker 15: from winning something. Well, we're all represented. And if people

1049
00:49:53,280 --> 00:49:55,600
Speaker 15: are good, no matter what their race or religional color

1050
00:49:55,680 --> 00:49:58,520
Speaker 15: or whatever I done, good people will vote them. That's

1051
00:49:58,520 --> 00:50:00,360
Speaker 15: as simple as that, and that's been happening now country.

1052
00:50:00,400 --> 00:50:02,600
Speaker 15: We don't need to give special privilege.

1053
00:50:02,680 --> 00:50:04,200
Speaker 4: That's what I worry about. And the other thing is

1054
00:50:05,280 --> 00:50:07,920
Speaker 4: we talk about Marie as though they're one group, as

1055
00:50:07,960 --> 00:50:09,840
Speaker 4: though you might talk about men as one group or

1056
00:50:10,000 --> 00:50:12,040
Speaker 4: tall people as one group, and it's not true.

1057
00:50:13,560 --> 00:50:16,040
Speaker 15: Now, it's not. We're a very blended, mixed society.

1058
00:50:16,120 --> 00:50:16,239
Speaker 22: You know.

1059
00:50:16,320 --> 00:50:18,799
Speaker 15: I've got heaps of mates out there, and I've got

1060
00:50:18,920 --> 00:50:20,560
Speaker 15: you know, they marry with a blond wife, you know,

1061
00:50:20,600 --> 00:50:22,520
Speaker 15: I mean they feel quite confused by it, or you know,

1062
00:50:22,640 --> 00:50:25,040
Speaker 15: they want to celebrate their married culture, but they also

1063
00:50:25,120 --> 00:50:27,640
Speaker 15: don't forget about their other mix.

1064
00:50:27,719 --> 00:50:29,839
Speaker 19: You know, we're a very mixed bunch of people.

1065
00:50:30,120 --> 00:50:33,799
Speaker 4: Actually, you have any sense of how the council will

1066
00:50:33,880 --> 00:50:34,279
Speaker 4: vote today?

1067
00:50:35,719 --> 00:50:36,200
Speaker 5: No, I don't.

1068
00:50:36,239 --> 00:50:41,680
Speaker 15: Actually I'm not overly confident either way. I think as well,

1069
00:50:42,360 --> 00:50:44,759
Speaker 15: once again, it will be a democratic process. Everyone has

1070
00:50:44,840 --> 00:50:47,719
Speaker 15: their views. I just hope that some of them are

1071
00:50:47,880 --> 00:50:49,960
Speaker 15: not going to vote the way they don't want to

1072
00:50:50,040 --> 00:50:52,120
Speaker 15: vote because they feel intimidated. There's a little bit of

1073
00:50:52,160 --> 00:50:56,560
Speaker 15: that feeling there, I think. But yeah, we'll see. I'll

1074
00:50:56,600 --> 00:50:59,520
Speaker 15: run the meeting as best I can and hopefully the

1075
00:50:59,560 --> 00:51:02,920
Speaker 15: democratic process will give us a result that you know,

1076
00:51:03,000 --> 00:51:03,680
Speaker 15: won't have to live with.

1077
00:51:03,920 --> 00:51:05,640
Speaker 4: Good stuff. Craig, nice to talk to you, appreciate it

1078
00:51:05,719 --> 00:51:08,040
Speaker 4: very much. Craig Gypsum, who is the kind promier and

1079
00:51:08,520 --> 00:51:11,840
Speaker 4: in the limelight today eighteen minutes away from eight ask

1080
00:51:11,880 --> 00:51:15,040
Speaker 4: a lot of reactions of this this morning, Mike Benedict,

1081
00:51:15,120 --> 00:51:18,719
Speaker 4: I'm a journalist. Collins story on TV one last night

1082
00:51:19,080 --> 00:51:23,120
Speaker 4: what irked me? I mean, obviously, linear television has a

1083
00:51:23,239 --> 00:51:26,680
Speaker 4: well documented series of problems at the moment and we

1084
00:51:26,800 --> 00:51:29,480
Speaker 4: won't need to relitigate that. But can I suggest once

1085
00:51:29,520 --> 00:51:31,600
Speaker 4: again that part of their problem is they're just not

1086
00:51:31,719 --> 00:51:34,160
Speaker 4: in touch with the real world. So right up the

1087
00:51:34,239 --> 00:51:37,560
Speaker 4: top of the bulletin yesterday on TV one was this

1088
00:51:39,440 --> 00:51:43,320
Speaker 4: loose work story about how Paul Goldsmith, the Justice Minister,

1089
00:51:43,520 --> 00:51:46,200
Speaker 4: in inviting somebody turns out to be an Australian Cabinet

1090
00:51:46,200 --> 00:51:51,440
Speaker 4: minister to a Martoriki celebration or event, had instructed his

1091
00:51:51,560 --> 00:51:54,279
Speaker 4: officials or secretary to take out the word kiura and

1092
00:51:54,440 --> 00:51:56,880
Speaker 4: the word art as an alteriro in New Zealand. In

1093
00:51:56,880 --> 00:51:58,960
Speaker 4: other words, he just called it New Zealand, and he

1094
00:51:59,080 --> 00:52:01,160
Speaker 4: just said good morning or or whatever the case may be.

1095
00:52:01,560 --> 00:52:05,319
Speaker 4: So Benedict and TV one, for reasons best known to them.

1096
00:52:06,080 --> 00:52:12,680
Speaker 4: Sorry it was Benedict on TV one, wasn't it?

1097
00:52:13,000 --> 00:52:13,400
Speaker 20: Who was it?

1098
00:52:13,480 --> 00:52:19,960
Speaker 4: Felix? My apologies, So Felix on TV one. He comes

1099
00:52:20,000 --> 00:52:25,240
Speaker 4: up to Ball Goldsmith's and doorstops him, and Paul says.

1100
00:52:25,040 --> 00:52:26,560
Speaker 2: This telling the scandal of the century.

1101
00:52:26,560 --> 00:52:29,680
Speaker 4: I would have thought. It's hardly the scandal of the century.

1102
00:52:29,800 --> 00:52:32,000
Speaker 4: I would have thought, which, of course is true. He

1103
00:52:32,080 --> 00:52:35,480
Speaker 4: also went on to point out that the Coalition agreement

1104
00:52:35,600 --> 00:52:38,040
Speaker 4: says very clearly, and that's not unknown to us all

1105
00:52:38,120 --> 00:52:40,279
Speaker 4: that you don't have to use Marie unless you want to,

1106
00:52:40,600 --> 00:52:43,360
Speaker 4: and there's no need to use it if other words

1107
00:52:43,480 --> 00:52:47,840
Speaker 4: are suitable anyway, upshot of it all was and my

1108
00:52:47,920 --> 00:52:50,680
Speaker 4: advice is in future, simply walk away. Don't answer questions.

1109
00:52:50,719 --> 00:52:52,520
Speaker 4: The more time you're wasting on this sort of nonsense,

1110
00:52:52,560 --> 00:52:53,959
Speaker 4: are the worst it's going to be for the media.

1111
00:52:54,160 --> 00:52:55,040
Speaker 4: Sixteen Away from.

1112
00:52:54,960 --> 00:53:00,520
Speaker 1: Mate Love My Asking Breakfast Full Show podcast on iHeart

1113
00:53:00,600 --> 00:53:02,080
Speaker 1: Radio powered by News.

1114
00:53:02,000 --> 00:53:06,279
Speaker 4: Talks It be apologies, It was Benedict. Samuel was thinking

1115
00:53:06,320 --> 00:53:07,600
Speaker 4: the person who wrote it, the person who wrote to

1116
00:53:07,640 --> 00:53:10,080
Speaker 4: somebody called Felix. Anyway, Benedict was doing the doing the

1117
00:53:10,160 --> 00:53:12,239
Speaker 4: damage on screen last night. My point is this that

1118
00:53:12,640 --> 00:53:16,719
Speaker 4: this country is festooned with serious news and issues at

1119
00:53:16,719 --> 00:53:21,160
Speaker 4: the moment, you know, proper issues, serious, serious for everything

1120
00:53:21,239 --> 00:53:24,440
Speaker 4: from politics to the social malaise in this country to

1121
00:53:24,920 --> 00:53:28,200
Speaker 4: the economy and just door stopping ministers and going I

1122
00:53:28,360 --> 00:53:30,120
Speaker 4: took that out of a letter. You know, it's pathetic.

1123
00:53:30,360 --> 00:53:34,120
Speaker 4: Grow up, is my message. In New Zealand, Mike. In

1124
00:53:34,160 --> 00:53:36,600
Speaker 4: New Zealand profit forecast includes ninety five million dollars of

1125
00:53:36,640 --> 00:53:38,960
Speaker 4: COVID period credits that are unlikely to be redeemed before

1126
00:53:39,000 --> 00:53:41,400
Speaker 4: the expiry date. That's theft. Well, that's another story, although

1127
00:53:41,440 --> 00:53:43,680
Speaker 4: it is included in the overall story this morning. That's

1128
00:53:43,719 --> 00:53:45,919
Speaker 4: been reported that in New Zealand's having a difficult time

1129
00:53:46,840 --> 00:53:50,879
Speaker 4: week fourth quarter, and so the people who do these

1130
00:53:50,960 --> 00:53:53,360
Speaker 4: the analysts who do these numbers, are suggesting that the

1131
00:53:53,719 --> 00:53:56,719
Speaker 4: profit is not going to be good. They're down. Forecasts

1132
00:53:56,880 --> 00:53:58,840
Speaker 4: go down from one twenty one million to one sixteen

1133
00:54:00,000 --> 00:54:01,480
Speaker 4: it's the last of twenty four million in the current

1134
00:54:01,560 --> 00:54:03,680
Speaker 4: second quarter of the financial year. How can an airline,

1135
00:54:03,680 --> 00:54:05,920
Speaker 4: I ask the simple question, how can an airline be

1136
00:54:06,000 --> 00:54:09,560
Speaker 4: losing money. And there's a survey I don't have time

1137
00:54:09,640 --> 00:54:12,319
Speaker 4: for now that was done yesterday with an agency that's

1138
00:54:12,320 --> 00:54:15,440
Speaker 4: associated with Auckland christ Church in Queenstown Airport and they say,

1139
00:54:15,520 --> 00:54:19,120
Speaker 4: despite the cost of living crisis, we continue to prioritize holidays.

1140
00:54:19,160 --> 00:54:21,120
Speaker 4: Everywhere we look around the world, people are making money

1141
00:54:21,160 --> 00:54:23,040
Speaker 4: and people are traveling. How is it the day in

1142
00:54:23,080 --> 00:54:24,800
Speaker 4: New Zealand. I don't mean to bag in New Zealand

1143
00:54:24,800 --> 00:54:26,640
Speaker 4: because I love are in New Zealand, but you got

1144
00:54:26,719 --> 00:54:28,640
Speaker 4: to ask some serious questions in a world where it

1145
00:54:28,680 --> 00:54:30,640
Speaker 4: appears that a lot of people are doing extremely well,

1146
00:54:30,680 --> 00:54:34,000
Speaker 4: how is it da in New Zealand? Can't Emirates record

1147
00:54:34,040 --> 00:54:37,919
Speaker 4: profit eight and a half billion, Singapore Airlines three point

1148
00:54:38,000 --> 00:54:41,160
Speaker 4: three billion profit increase of twenty four percent, all time high,

1149
00:54:41,280 --> 00:54:44,680
Speaker 4: Katah two point eight five billion profit, best financial performance

1150
00:54:44,719 --> 00:54:47,920
Speaker 4: in its twenty seven year history. American twenty four billion

1151
00:54:48,000 --> 00:54:52,960
Speaker 4: Q two that is Q two highest ever, Nippon two

1152
00:54:53,000 --> 00:54:55,319
Speaker 4: point two billion, up twenty percent on the A, Cafe

1153
00:54:55,400 --> 00:54:58,600
Speaker 4: Pacific two point six billion for eighty five percent increase.

1154
00:54:58,960 --> 00:55:01,239
Speaker 4: And yet here in New Zealand's go backwards. So can

1155
00:55:01,360 --> 00:55:04,920
Speaker 4: you honestly say it is Our economic circumstances in New

1156
00:55:04,960 --> 00:55:07,839
Speaker 4: Zealand are so unique that no one wants to board

1157
00:55:07,840 --> 00:55:10,840
Speaker 4: a plane. No you cannot. So what is it about

1158
00:55:10,880 --> 00:55:13,960
Speaker 4: air in New Zealand that is not profitable? Do they

1159
00:55:14,040 --> 00:55:14,800
Speaker 4: not have enough planes?

1160
00:55:14,800 --> 00:55:14,840
Speaker 13: So?

1161
00:55:14,920 --> 00:55:16,880
Speaker 4: Probably say they've got engine troubles. Most people have got

1162
00:55:16,920 --> 00:55:18,960
Speaker 4: engine troubles in some way, shape or form. Capacity has

1163
00:55:18,960 --> 00:55:21,880
Speaker 4: been an issue. They're claiming domestic demand isn't what it was.

1164
00:55:21,960 --> 00:55:24,920
Speaker 4: That's probably true. How is it the whole world is

1165
00:55:25,080 --> 00:55:28,040
Speaker 4: flying and the artworking of that is These airlines I've

1166
00:55:28,080 --> 00:55:30,720
Speaker 4: just given you are making not only profits but record profits,

1167
00:55:31,000 --> 00:55:34,120
Speaker 4: and air New Zealand is barely scraping by. What is

1168
00:55:34,320 --> 00:55:35,320
Speaker 4: going wrong?

1169
00:55:35,960 --> 00:55:39,440
Speaker 2: Tend to wait on my costking breakfast with the range

1170
00:55:39,520 --> 00:55:41,200
Speaker 2: Rover Villain use tosend b.

1171
00:55:42,000 --> 00:55:44,440
Speaker 4: From Rugby Union about to speed itself up a little bit.

1172
00:55:44,440 --> 00:55:46,080
Speaker 4: We've got a trial of new laws that will take

1173
00:55:46,120 --> 00:55:49,560
Speaker 4: effect in the All Blacks Clash this weekend continue throughout

1174
00:55:49,600 --> 00:55:52,720
Speaker 4: the Rugby Championship. So thirty second limit to be introduced

1175
00:55:52,760 --> 00:55:54,640
Speaker 4: for scrums and line outs to be set. The n

1176
00:55:54,719 --> 00:55:57,040
Speaker 4: Z Referees Boss Chris Pollock as well as Chris very

1177
00:55:57,040 --> 00:56:00,719
Speaker 4: good morning to you. Morning Mike Kell very well, thank

1178
00:56:00,760 --> 00:56:02,239
Speaker 4: you you like it? Does it make sense?

1179
00:56:03,840 --> 00:56:06,520
Speaker 21: Yeah, it does make sense. We've we've tried these and

1180
00:56:06,600 --> 00:56:08,640
Speaker 21: su ruby this year and I feel like we've got

1181
00:56:08,640 --> 00:56:12,120
Speaker 21: a pretty good result of spinning the game up. I

1182
00:56:12,239 --> 00:56:15,480
Speaker 21: think we'll get the same international rugby as the met

1183
00:56:15,520 --> 00:56:17,200
Speaker 21: officials team stick to those timings.

1184
00:56:17,520 --> 00:56:20,800
Speaker 4: Is there any difference between Super rugby and international rugby

1185
00:56:20,840 --> 00:56:22,839
Speaker 4: in terms of setting the scrum or doing a line out?

1186
00:56:25,200 --> 00:56:28,360
Speaker 21: I don't think in international rugby we've stuck to those times,

1187
00:56:28,760 --> 00:56:33,480
Speaker 21: whereas religiously this year in Super we can and then

1188
00:56:33,520 --> 00:56:35,759
Speaker 21: we had our guys accountable to that to make sure

1189
00:56:35,800 --> 00:56:38,440
Speaker 21: that we were sticking to the times. And yeah, I

1190
00:56:38,520 --> 00:56:40,600
Speaker 21: think we've got a lot better outcome.

1191
00:56:40,880 --> 00:56:41,000
Speaker 3: Right.

1192
00:56:41,160 --> 00:56:43,879
Speaker 4: Damian McKenzie of course got famously pinged on the kick.

1193
00:56:44,560 --> 00:56:46,920
Speaker 4: Does anyone get pinged on a line out or a scrum?

1194
00:56:48,360 --> 00:56:51,560
Speaker 21: Well, that's the theory. If they go over the steady seconds,

1195
00:56:51,640 --> 00:56:55,160
Speaker 21: they will, it'll be it'll be a free kick.

1196
00:56:55,360 --> 00:56:58,640
Speaker 4: And what's the referees warning? Does it go guys five seconds,

1197
00:56:58,719 --> 00:56:59,920
Speaker 4: watch out tens whatever?

1198
00:57:01,480 --> 00:57:05,960
Speaker 21: Yeah, so the refereral make a mark and say chock

1199
00:57:06,040 --> 00:57:08,840
Speaker 21: locks on and then basically they've got thirty seconds to

1200
00:57:08,920 --> 00:57:11,839
Speaker 21: get formed up and if they're not done the next

1201
00:57:11,880 --> 00:57:14,680
Speaker 21: thirty seconds by Tommy says crouched, then he'll make a decision.

1202
00:57:14,920 --> 00:57:17,600
Speaker 4: Okay. Is harder for the line out to assemble all

1203
00:57:17,640 --> 00:57:18,040
Speaker 4: the scrum.

1204
00:57:20,240 --> 00:57:24,000
Speaker 21: I think they'll both be straightforward. As soon as the

1205
00:57:24,040 --> 00:57:25,880
Speaker 21: ball's out, the refereral make a mark and everyone's got

1206
00:57:25,920 --> 00:57:27,480
Speaker 21: to get to it and line out of time, and

1207
00:57:27,520 --> 00:57:29,560
Speaker 21: the same thing. If everybody should be there when he

1208
00:57:29,600 --> 00:57:31,480
Speaker 21: makes the mark for a scrum, we go.

1209
00:57:31,960 --> 00:57:35,320
Speaker 4: How much angst is this hole? There's not enough rugby

1210
00:57:35,440 --> 00:57:37,840
Speaker 4: being played at any given time. How much is angst

1211
00:57:37,920 --> 00:57:39,680
Speaker 4: driving this whole conversation.

1212
00:57:41,920 --> 00:57:44,920
Speaker 21: I think everybody wants ball and play, whether that be

1213
00:57:45,040 --> 00:57:49,000
Speaker 21: around scrum, whether it be around shots of goal or decisions.

1214
00:57:49,880 --> 00:57:51,720
Speaker 21: The more actually we can see, the better the games.

1215
00:57:51,880 --> 00:57:54,840
Speaker 21: So that's what's driving a lot of it. And I

1216
00:57:54,880 --> 00:57:57,160
Speaker 21: think we've just lost our way over the last couple

1217
00:57:57,160 --> 00:57:58,840
Speaker 21: of years, but hopefully getting back to it.

1218
00:58:00,200 --> 00:58:03,720
Speaker 4: Good stuff. Chris go Well, appreciate it very much, Chris Pollock, referees' boss.

1219
00:58:03,720 --> 00:58:05,480
Speaker 4: Do we know who we've got on the program? Friday

1220
00:58:05,520 --> 00:58:08,479
Speaker 4: from the Orblis had a meeting with the All Blacks.

1221
00:58:08,480 --> 00:58:11,120
Speaker 4: Haven't updated you on that, but it was very exciting meeting.

1222
00:58:11,920 --> 00:58:14,440
Speaker 4: And I'm told was it an exciting meeting? Was a

1223
00:58:14,840 --> 00:58:15,640
Speaker 4: convivial meeting?

1224
00:58:16,360 --> 00:58:16,840
Speaker 10: Fireworks?

1225
00:58:16,920 --> 00:58:22,280
Speaker 4: Probably fireworks meeting? Anyway of it been. We've got a resolution,

1226
00:58:22,560 --> 00:58:24,360
Speaker 4: as it turns out, and I'm very proud of the resolution,

1227
00:58:24,480 --> 00:58:26,800
Speaker 4: because it was only as a result of me whining

1228
00:58:27,600 --> 00:58:30,360
Speaker 4: that they rang up and they went, oh, I'm new

1229
00:58:30,440 --> 00:58:32,400
Speaker 4: to the job, what can we do to assist? Which

1230
00:58:32,440 --> 00:58:34,040
Speaker 4: is not the first time they rung up. He doesn't

1231
00:58:34,040 --> 00:58:36,760
Speaker 4: talk like that, does he? To be fair to him, No, sok,

1232
00:58:36,760 --> 00:58:39,280
Speaker 4: anybody does. I don't think anyone does. Anyway. So they

1233
00:58:39,400 --> 00:58:42,080
Speaker 4: come up and we had this meeting, and they've guaranteed

1234
00:58:42,160 --> 00:58:44,520
Speaker 4: us in all black each and every Friday before a test.

1235
00:58:45,520 --> 00:58:49,520
Speaker 4: There is some loose interpretation the boss because it was

1236
00:58:49,560 --> 00:58:52,600
Speaker 4: that sort of meeting. The Boss was there and he

1237
00:58:52,760 --> 00:58:55,400
Speaker 4: said a marquee player. That was the word he used

1238
00:58:55,440 --> 00:58:57,040
Speaker 4: with us the other day, wasn't it was? He goes, oh,

1239
00:58:57,040 --> 00:58:59,720
Speaker 4: it's fab fabulous meeting. We're going to have a marquee player.

1240
00:59:01,080 --> 00:59:03,400
Speaker 4: And I said, what sort of market player would you

1241
00:59:03,440 --> 00:59:06,160
Speaker 4: have in mind? Jace, I said, And that's where it

1242
00:59:06,200 --> 00:59:07,800
Speaker 4: got a bit loose around the edges. He sort of

1243
00:59:07,840 --> 00:59:09,360
Speaker 4: thought he might have oversold that potential.

1244
00:59:09,640 --> 00:59:11,680
Speaker 10: Let's not judge before it happens.

1245
00:59:11,720 --> 00:59:15,160
Speaker 18: Well, no, that's true, and they probably were listening avidly

1246
00:59:15,320 --> 00:59:17,800
Speaker 18: to that very interview and it's found to be either

1247
00:59:17,840 --> 00:59:20,200
Speaker 18: a hooker or a lock. I would say they'll and

1248
00:59:20,240 --> 00:59:23,160
Speaker 18: they'll have expert opinions. I'd line out jumping and well.

1249
00:59:23,400 --> 00:59:25,840
Speaker 4: The bere minimum is somebody who's going to be actually

1250
00:59:25,920 --> 00:59:30,040
Speaker 4: playing the game. So that doesn't make the marquee, just

1251
00:59:30,160 --> 00:59:33,200
Speaker 4: makes them available and then next way, So anyway, we'll

1252
00:59:33,200 --> 00:59:35,120
Speaker 4: see how we go this, right, But the upshot is this,

1253
00:59:35,320 --> 00:59:38,160
Speaker 4: The good news is this, we've reached a resolution. They're

1254
00:59:38,160 --> 00:59:40,040
Speaker 4: going to be more all blacks on the mic Hosking

1255
00:59:40,080 --> 00:59:42,200
Speaker 4: Breakfast and that is no bad thing.

1256
00:59:44,160 --> 00:59:47,160
Speaker 2: Demanding the answers from the decision makers.

1257
00:59:47,560 --> 00:59:52,400
Speaker 1: The mic Hosking Breakfast with Vida Retirement Communities, Life Your

1258
00:59:52,480 --> 00:59:53,440
Speaker 1: Way News, Tog.

1259
00:59:53,360 --> 00:59:58,160
Speaker 22: Said, be follows many strange impulses down on the planes

1260
00:59:58,240 --> 01:00:05,280
Speaker 22: of the West. There's very young boy who feels things

1261
01:00:05,360 --> 01:00:06,800
Speaker 22: he can comprehend.

1262
01:00:07,040 --> 01:00:07,840
Speaker 4: What's this wonderful?

1263
01:00:09,640 --> 01:00:10,040
Speaker 5: Chaplin?

1264
01:00:10,160 --> 01:00:12,760
Speaker 22: Might a small town don'tlike it when the son is

1265
01:00:13,120 --> 01:00:14,880
Speaker 22: one between sexes?

1266
01:00:15,120 --> 01:00:15,720
Speaker 4: Where's Willie?

1267
01:00:16,360 --> 01:00:17,600
Speaker 10: Because of an expens with me?

1268
01:00:17,920 --> 01:00:21,120
Speaker 22: No small town don't like you. When a cow has

1269
01:00:21,240 --> 01:00:22,520
Speaker 22: feelings for men.

1270
01:00:25,560 --> 01:00:29,160
Speaker 2: That I believe to my soul that inside every man.

1271
01:00:29,400 --> 01:00:33,040
Speaker 4: Is the feminine? Is he ninety one? Is he ninety one?

1272
01:00:33,280 --> 01:00:34,840
Speaker 2: That is side that every lady.

1273
01:00:35,480 --> 01:00:38,000
Speaker 22: There's a deep manly voice, loud and clear.

1274
01:00:38,200 --> 01:00:39,880
Speaker 4: It's there, but it ain't what it used to be?

1275
01:00:40,080 --> 01:00:40,200
Speaker 13: Is that?

1276
01:00:40,320 --> 01:00:43,200
Speaker 4: Anyway? This is some cable pick a brag about. The

1277
01:00:43,240 --> 01:00:45,880
Speaker 4: album is called Stampede. Did the Ponies in nineteen, did

1278
01:00:45,960 --> 01:00:48,520
Speaker 4: Bronco in twenty twenty two, So he's doing Stampede in

1279
01:00:48,560 --> 01:00:51,560
Speaker 4: twenty twenty four. He's got Willy on board, the ones,

1280
01:00:51,880 --> 01:00:56,040
Speaker 4: He's got Elton on board, he's got Back on board.

1281
01:00:57,160 --> 01:01:01,560
Speaker 2: Cowboys are frequently secretly jes want.

1282
01:01:01,440 --> 01:01:03,080
Speaker 4: To stop the recording, go, will you want to clear

1283
01:01:03,120 --> 01:01:03,520
Speaker 4: your throat?

1284
01:01:05,360 --> 01:01:05,560
Speaker 14: Start?

1285
01:01:06,280 --> 01:01:09,720
Speaker 4: He's got Teddy swims on anyway, and that.

1286
01:01:09,960 --> 01:01:12,680
Speaker 18: Is the same that you've talked over the chorus because

1287
01:01:13,360 --> 01:01:14,520
Speaker 18: someone's got a play called title.

1288
01:01:15,600 --> 01:01:26,120
Speaker 4: Cowboys are frequently secretly fifteen tracks and forty eight. Father's

1289
01:01:26,160 --> 01:01:28,919
Speaker 4: Day's Coming, It's before save and it's past eight. Time

1290
01:01:29,000 --> 01:01:31,680
Speaker 4: for Mike Mitchell and Jenny Anderson. It's politics Wednesday here

1291
01:01:31,720 --> 01:01:33,480
Speaker 4: on the make asking breakfast. Good morning to you too,

1292
01:01:36,480 --> 01:01:39,120
Speaker 4: now mark the MTA. We had on earlier on the

1293
01:01:39,160 --> 01:01:41,760
Speaker 4: Motor Trade Association, they've got a ten point plan. Today

1294
01:01:41,760 --> 01:01:44,320
Speaker 4: there's far too many robberies at service stations and far

1295
01:01:44,400 --> 01:01:48,560
Speaker 4: too many drives off, et cetera, and they had Have

1296
01:01:48,680 --> 01:01:50,920
Speaker 4: you received the ten point plan? Do you know anything

1297
01:01:50,920 --> 01:01:51,880
Speaker 4: about the ten point plan?

1298
01:01:53,040 --> 01:01:55,560
Speaker 17: No, look, my office might have received it. I haven't

1299
01:01:55,600 --> 01:01:57,360
Speaker 17: read it yet, but I will have a look at

1300
01:01:57,400 --> 01:01:59,760
Speaker 17: that look at the end of the day. Met Tourney,

1301
01:01:59,800 --> 01:02:02,400
Speaker 17: who leads up our retail crime unit. It doesn't outstand

1302
01:02:02,480 --> 01:02:05,200
Speaker 17: the job. He is working closely with the MTA. With

1303
01:02:05,360 --> 01:02:07,600
Speaker 17: the MTA, I will be meeting with them. We are

1304
01:02:07,680 --> 01:02:10,240
Speaker 17: planning a meeting. I know for a fact that when

1305
01:02:10,240 --> 01:02:12,920
Speaker 17: we get a spike in the in the robberies, that

1306
01:02:13,520 --> 01:02:17,640
Speaker 17: the police swarm stuff into high visible patrols keep an

1307
01:02:17,640 --> 01:02:19,680
Speaker 17: eye on it. We've sort of suggested Z Energy have

1308
01:02:19,760 --> 01:02:22,000
Speaker 17: gone to pay at the pump, which has been very

1309
01:02:22,040 --> 01:02:25,680
Speaker 17: effective in stopping the drive offs because obviously the stolen

1310
01:02:25,760 --> 01:02:27,520
Speaker 17: cars the people that come in for the drive offs,

1311
01:02:27,600 --> 01:02:29,160
Speaker 17: So there is a lot of work going on in

1312
01:02:29,240 --> 01:02:29,600
Speaker 17: that space.

1313
01:02:29,640 --> 01:02:31,680
Speaker 4: Without a doubt, I don't know why everyone just doesn't

1314
01:02:31,680 --> 01:02:34,240
Speaker 4: do pay at the pump now Jinny as former justiceman.

1315
01:02:34,280 --> 01:02:36,120
Speaker 4: So you may know this because one of the ten

1316
01:02:36,160 --> 01:02:39,600
Speaker 4: points that they want is that there's no discount if

1317
01:02:39,720 --> 01:02:40,960
Speaker 4: you have and this is the new law of the

1318
01:02:41,000 --> 01:02:43,919
Speaker 4: government's bringing in. I think there's no discount if you've

1319
01:02:43,960 --> 01:02:46,480
Speaker 4: boasted about the crime on social media. Do you do

1320
01:02:46,560 --> 01:02:48,560
Speaker 4: you know that's ever been part of anything or could

1321
01:02:48,600 --> 01:02:51,360
Speaker 4: you not get a discount specifically because of that sort

1322
01:02:51,400 --> 01:02:51,920
Speaker 4: of behavior.

1323
01:02:52,960 --> 01:02:57,040
Speaker 23: We had it as a policy for an aggravating factor,

1324
01:02:57,520 --> 01:03:00,560
Speaker 23: saying if it was pasted to social media, but that's

1325
01:03:00,640 --> 01:03:03,840
Speaker 23: for you can put that in the legislation. But at

1326
01:03:03,880 --> 01:03:05,920
Speaker 23: the end of the DUT's the judge you determined how

1327
01:03:06,000 --> 01:03:08,480
Speaker 23: much of a factor that played in the defending and

1328
01:03:08,560 --> 01:03:11,120
Speaker 23: whether it deserves exective sentence.

1329
01:03:10,920 --> 01:03:12,920
Speaker 4: And would that be part of your new Lawmark, do

1330
01:03:13,000 --> 01:03:15,040
Speaker 4: you know in that sense the minimum discount? What was

1331
01:03:15,120 --> 01:03:16,880
Speaker 4: it doing? No more than forty percent or whatever it is.

1332
01:03:19,120 --> 01:03:21,920
Speaker 17: So which we're dealing with the sentencing piece around exactly

1333
01:03:21,960 --> 01:03:24,000
Speaker 17: that is that every other media we're still reading the

1334
01:03:24,080 --> 01:03:26,920
Speaker 17: discounts of seventy five up to sort of ninety percent.

1335
01:03:27,040 --> 01:03:29,600
Speaker 17: So we kept in the discounts of forty percent, and

1336
01:03:29,720 --> 01:03:31,280
Speaker 17: we think that what that's going to do. In fact,

1337
01:03:31,520 --> 01:03:34,040
Speaker 17: if the judges apply it, they should do because we

1338
01:03:34,160 --> 01:03:38,000
Speaker 17: passed where the lawmakers, then that's going to fix the

1339
01:03:38,040 --> 01:03:40,680
Speaker 17: problem around the whole. All of us is a country

1340
01:03:40,760 --> 01:03:44,800
Speaker 17: feeling that currently the consequences aren't mentioned, the serious the

1341
01:03:44,880 --> 01:03:45,840
Speaker 17: offense offending.

1342
01:03:46,160 --> 01:03:49,240
Speaker 4: What's your vibe, Jenny on the house is brownly trying

1343
01:03:49,280 --> 01:03:51,400
Speaker 4: to tone this place down? Is it got a bit

1344
01:03:51,840 --> 01:03:52,680
Speaker 4: hot lately?

1345
01:03:54,200 --> 01:03:58,080
Speaker 23: Look, it's a difficult situation that the House is in

1346
01:03:58,240 --> 01:04:00,640
Speaker 23: right now, but it definitely seems slight. I would say

1347
01:04:00,760 --> 01:04:04,400
Speaker 23: people are are a lot that are quieter and general,

1348
01:04:04,560 --> 01:04:07,160
Speaker 23: and I think he's trying to do the best he can.

1349
01:04:08,080 --> 01:04:09,640
Speaker 23: Some people have sort of thought he let it go

1350
01:04:09,800 --> 01:04:11,560
Speaker 23: but too far before he rained it in, and that's

1351
01:04:11,600 --> 01:04:13,960
Speaker 23: the situation we're in now. But I've got to give

1352
01:04:14,000 --> 01:04:17,480
Speaker 23: him credit. You know, he's making a good sort of

1353
01:04:17,640 --> 01:04:20,680
Speaker 23: first act, trying to bring things back, and it seems to.

1354
01:04:20,720 --> 01:04:21,920
Speaker 19: Be working a bit better this way.

1355
01:04:22,080 --> 01:04:25,520
Speaker 4: What's your assessment of it, mate, Oh, I think Jerry's

1356
01:04:25,640 --> 01:04:26,480
Speaker 4: a very good speaker.

1357
01:04:26,520 --> 01:04:28,600
Speaker 17: I think that he was very clear you sir in

1358
01:04:28,680 --> 01:04:30,600
Speaker 17: the house. But you know, the reality of it is

1359
01:04:30,720 --> 01:04:32,960
Speaker 17: is that it's said that he's got to make that

1360
01:04:33,000 --> 01:04:35,600
Speaker 17: sort of individual all adults, we should know how to

1361
01:04:35,640 --> 01:04:36,720
Speaker 17: treat each other with respect.

1362
01:04:37,520 --> 01:04:39,000
Speaker 19: I think it was pretty outrageous.

1363
01:04:39,080 --> 01:04:42,280
Speaker 23: It was pretty outrageous act, you know, act basically, you know,

1364
01:04:42,280 --> 01:04:43,800
Speaker 23: you've got someone who's going to be a deepaty Prime

1365
01:04:43,800 --> 01:04:47,160
Speaker 23: Minister David Seymour openly defying the Speaker. And what was

1366
01:04:47,240 --> 01:04:49,760
Speaker 23: really interesting is usually the Leader of the House, which

1367
01:04:49,800 --> 01:04:52,280
Speaker 23: would be Chris Bishop, who would defend and that are

1368
01:04:52,280 --> 01:04:54,840
Speaker 23: stuck up for the speaker, and that didn't happen. So

1369
01:04:55,000 --> 01:04:58,800
Speaker 23: he had, you know, a Seymour standing up wearing his pin,

1370
01:04:58,880 --> 01:05:01,440
Speaker 23: refusing to take it off in essentially kind of shutting

1371
01:05:01,480 --> 01:05:04,160
Speaker 23: down Christian time, and then the government not doing anything

1372
01:05:04,200 --> 01:05:06,800
Speaker 23: to support the speaker. So that's the most unusual thing

1373
01:05:06,840 --> 01:05:07,880
Speaker 23: that happened last week.

1374
01:05:08,040 --> 01:05:10,080
Speaker 4: Isn't it broader than though, Jenny? I mean, I take

1375
01:05:10,120 --> 01:05:12,360
Speaker 4: your point, I get it, but that's sort of Beltway

1376
01:05:12,400 --> 01:05:14,640
Speaker 4: as opposed to some of the treatments. I mean, watching

1377
01:05:14,720 --> 01:05:18,840
Speaker 4: Karen Chua in tears because she's been bullied is just

1378
01:05:18,960 --> 01:05:20,160
Speaker 4: completely unacceptable.

1379
01:05:21,600 --> 01:05:26,120
Speaker 17: Good I'll be saying on this for months acually. I've

1380
01:05:26,160 --> 01:05:29,560
Speaker 17: watched the treatment that's been handed out to Karen Schaw

1381
01:05:29,640 --> 01:05:32,520
Speaker 17: and it has been bullying and she has been targeted

1382
01:05:33,000 --> 01:05:35,160
Speaker 17: and uh, and that's got to stop. I think that

1383
01:05:35,320 --> 01:05:38,320
Speaker 17: all of us in the House should take a standing

1384
01:05:38,320 --> 01:05:39,560
Speaker 17: against any type of bullying.

1385
01:05:40,480 --> 01:05:43,760
Speaker 23: What do you say, Jenny, Well, it's it's a difficult

1386
01:05:43,800 --> 01:05:45,960
Speaker 23: area because she still needs to be held accountable for

1387
01:05:46,080 --> 01:05:48,080
Speaker 23: decisions being made by the government.

1388
01:05:48,160 --> 01:05:49,520
Speaker 14: Shen't want to at all.

1389
01:05:49,960 --> 01:05:52,120
Speaker 23: Well as a difficult area because she still needs to

1390
01:05:52,160 --> 01:05:54,920
Speaker 23: become accountable for some of the decisions he's making. And

1391
01:05:55,280 --> 01:05:57,760
Speaker 23: it was kind of I mean, I have questions around

1392
01:05:57,880 --> 01:06:01,040
Speaker 23: data Signore's decision making that when there was a decision

1393
01:06:01,080 --> 01:06:04,320
Speaker 23: from Select Committee around LW A. Trask at Committee, he

1394
01:06:04,440 --> 01:06:06,680
Speaker 23: sing Karen Shaw down to the press gallery to talk

1395
01:06:06,720 --> 01:06:09,520
Speaker 23: to them regarding that issue. You know, if that was me,

1396
01:06:09,760 --> 01:06:12,840
Speaker 23: and if that was my my staff, my person and

1397
01:06:12,920 --> 01:06:16,080
Speaker 23: my corpus doing that, I wouldn't put the person who's

1398
01:06:16,120 --> 01:06:19,440
Speaker 23: already under pressure and distress into a situation that was

1399
01:06:19,440 --> 01:06:22,520
Speaker 23: going to cause them further distress. So, yes, it is

1400
01:06:22,560 --> 01:06:25,520
Speaker 23: a difficult situation. But I have some real questions around

1401
01:06:25,560 --> 01:06:28,480
Speaker 23: the way that David Seymour, You're into position where she

1402
01:06:28,600 --> 01:06:30,120
Speaker 23: was going to be under even more pressure.

1403
01:06:30,280 --> 01:06:31,720
Speaker 4: All right, get you view in a moment, Mark Mark

1404
01:06:31,760 --> 01:06:35,240
Speaker 4: Mitchell Ginny Ander some more shortly thirteen past the Mic.

1405
01:06:35,120 --> 01:06:40,240
Speaker 1: Asking Breakfast Full Show podcast on iHeartRadio, coward By News Talks.

1406
01:06:40,000 --> 01:06:43,560
Speaker 4: It Be News Talks are sixteen perst eight Politics Wend Wednesday.

1407
01:06:43,600 --> 01:06:45,919
Speaker 4: Jinny Anderson Mark Mitchell said, it's an interesting thing. Mark

1408
01:06:46,000 --> 01:06:49,000
Speaker 4: and Jenny I think articulates it well because I'm looking

1409
01:06:49,040 --> 01:06:53,880
Speaker 4: at the house. Say, just yesterday, Chure, Simmons and Costello

1410
01:06:54,560 --> 01:06:59,040
Speaker 4: have been targets from the opposition and you could argue

1411
01:06:59,040 --> 01:07:01,960
Speaker 4: because it's a robust and environment. Rightly so, because they've

1412
01:07:01,960 --> 01:07:04,440
Speaker 4: got some questions to answer. So what's the line between

1413
01:07:04,680 --> 01:07:07,600
Speaker 4: holding people to account and bulan them.

1414
01:07:08,720 --> 01:07:11,440
Speaker 17: The line is getting personal and that's what's been happening.

1415
01:07:11,560 --> 01:07:15,160
Speaker 17: And you must hold ministers to account. That's what Parliament

1416
01:07:15,280 --> 01:07:18,000
Speaker 17: is for. But that is Karen Chaw's workplace. And I

1417
01:07:18,080 --> 01:07:21,120
Speaker 17: think it's a ridiculous premise for Ginny Anderson to come

1418
01:07:21,200 --> 01:07:24,840
Speaker 17: on the show and say that David Seymour is irresponsible

1419
01:07:25,160 --> 01:07:28,080
Speaker 17: to allow Karen Chad to go into her workplace. What's

1420
01:07:28,120 --> 01:07:29,440
Speaker 17: irresponsible is Tenny.

1421
01:07:29,960 --> 01:07:32,760
Speaker 23: Center into the Priest Gallery to answer question He's enter

1422
01:07:32,800 --> 01:07:34,000
Speaker 23: into the press gallery when.

1423
01:07:36,520 --> 01:07:40,000
Speaker 17: That well, that that's her workplace, that it's our job

1424
01:07:40,120 --> 01:07:42,360
Speaker 17: to front up to the media. That's our workplace. So

1425
01:07:42,720 --> 01:07:44,800
Speaker 17: what you're saying is remove the victim and not deal

1426
01:07:44,880 --> 01:07:47,200
Speaker 17: with the abuser. So let's let's all of us just

1427
01:07:47,280 --> 01:07:50,120
Speaker 17: be really clear that you can hold ministers to account

1428
01:07:50,200 --> 01:07:52,200
Speaker 17: Jenny without getting personal.

1429
01:07:52,440 --> 01:07:56,919
Speaker 23: And Mark, it's really important to note that no one

1430
01:07:57,440 --> 01:08:01,880
Speaker 23: from outside of how every need personal comments around her.

1431
01:08:02,000 --> 01:08:03,600
Speaker 23: There has been some comments made.

1432
01:08:05,240 --> 01:08:08,360
Speaker 19: I've heard them in absolutely ridiculous.

1433
01:08:08,520 --> 01:08:13,360
Speaker 23: Mark, that is not true. You've sat there yesterday, you

1434
01:08:13,440 --> 01:08:16,360
Speaker 23: were sitting nextiting there. But there has been no personal

1435
01:08:16,479 --> 01:08:19,840
Speaker 23: comments from caring Toure because we have all discussed that

1436
01:08:20,000 --> 01:08:22,600
Speaker 23: and we've made a clear decision as a caucus not

1437
01:08:22,760 --> 01:08:24,880
Speaker 23: to do that because that's not what we believe in.

1438
01:08:27,680 --> 01:08:31,120
Speaker 17: Can I just finish this by saying, my entire career

1439
01:08:31,240 --> 01:08:33,000
Speaker 17: in the House, I'm proud of the fact that I

1440
01:08:33,080 --> 01:08:35,599
Speaker 17: have never been personal and I've never made a personal comment.

1441
01:08:35,640 --> 01:08:37,400
Speaker 14: By the time, the.

1442
01:08:39,320 --> 01:08:41,920
Speaker 23: Absolute rubbers. You say things under your breath in the

1443
01:08:42,000 --> 01:08:45,360
Speaker 23: house frequently to me that are personal and are attacks.

1444
01:08:45,560 --> 01:08:49,800
Speaker 17: You go, that's an absolute life. So give us one.

1445
01:08:49,920 --> 01:08:50,800
Speaker 17: Let's give us fun.

1446
01:08:51,600 --> 01:08:54,160
Speaker 23: You were here and say you're hope, you're hopeless, your

1447
01:08:54,240 --> 01:08:55,840
Speaker 23: hope at your job you don't know what you're doing.

1448
01:08:55,920 --> 01:08:58,800
Speaker 23: You would say personal things about me when I'm asking you,

1449
01:08:58,880 --> 01:09:02,560
Speaker 23: when I'm asking questions in the house, personal remarks about me.

1450
01:09:04,640 --> 01:09:07,799
Speaker 4: You don't go down a rabbit hole here, having.

1451
01:09:09,160 --> 01:09:09,360
Speaker 5: Do you?

1452
01:09:10,080 --> 01:09:12,200
Speaker 4: Is calling somebody hopeless a personal attack.

1453
01:09:12,000 --> 01:09:14,600
Speaker 23: Genny, I think it is. If you're talking about your

1454
01:09:14,640 --> 01:09:16,920
Speaker 23: personal character and talking about what they do.

1455
01:09:17,760 --> 01:09:19,519
Speaker 19: I think what you need to be focused on.

1456
01:09:19,920 --> 01:09:22,240
Speaker 23: What you need to be focused on is not be doing.

1457
01:09:22,360 --> 01:09:24,479
Speaker 23: If there's been an outcome in their job, or there's

1458
01:09:24,520 --> 01:09:27,479
Speaker 23: been they've promised to deliver something and they've failed to

1459
01:09:27,560 --> 01:09:30,879
Speaker 23: deliver something, that's okay. But if you're going into personal

1460
01:09:31,000 --> 01:09:33,599
Speaker 23: character assassination, that's different.

1461
01:09:34,560 --> 01:09:36,360
Speaker 17: I'd invite you to go back and pull the tapes

1462
01:09:36,520 --> 01:09:39,720
Speaker 17: necessary question time and listen to where the heckling was

1463
01:09:39,760 --> 01:09:42,800
Speaker 17: coming from. And Ginny is right. I did make a

1464
01:09:42,880 --> 01:09:45,439
Speaker 17: comment in the house. My comment was this, you are

1465
01:09:45,520 --> 01:09:48,600
Speaker 17: not across your brief. That was my comment in the

1466
01:09:48,640 --> 01:09:49,360
Speaker 17: house yesterday.

1467
01:09:49,600 --> 01:09:51,120
Speaker 19: Come so you can.

1468
01:09:53,040 --> 01:09:57,640
Speaker 23: You can mate you know deep, you know exactly what.

1469
01:09:59,600 --> 01:10:00,760
Speaker 19: A listen I was sitting there.

1470
01:10:00,840 --> 01:10:05,240
Speaker 17: I think you get the story.

1471
01:10:08,040 --> 01:10:10,400
Speaker 4: Just let me play you. Let me just play a

1472
01:10:10,479 --> 01:10:13,920
Speaker 4: couple of clips here. So there's these are both Green members.

1473
01:10:14,000 --> 01:10:15,240
Speaker 4: Lets listen, listen to these two.

1474
01:10:15,600 --> 01:10:18,880
Speaker 24: Now, some of these gangs are doing quite positive things

1475
01:10:18,960 --> 01:10:22,479
Speaker 24: within our community, and so I do worry about this

1476
01:10:23,120 --> 01:10:27,840
Speaker 24: section whereby it will prohibit their ability to congregate.

1477
01:10:28,160 --> 01:10:30,559
Speaker 25: And the second one, I want you to ask yourself,

1478
01:10:31,240 --> 01:10:33,760
Speaker 25: would you rather be walking down a dark alley and

1479
01:10:33,840 --> 01:10:38,679
Speaker 25: see a PATCH member or a police officer? For many

1480
01:10:38,760 --> 01:10:42,360
Speaker 25: people in New Zealand, they would feel safer alone with

1481
01:10:42,479 --> 01:10:44,479
Speaker 25: a PATCH member than the police.

1482
01:10:45,120 --> 01:10:48,960
Speaker 4: So that's Lyndon and Carter Ginny. Do you relish the

1483
01:10:49,040 --> 01:10:51,639
Speaker 4: prospect of hanging out with those sort of people in government?

1484
01:10:52,439 --> 01:10:53,840
Speaker 19: No, I don't support.

1485
01:10:53,560 --> 01:10:57,680
Speaker 23: Those statements, and we don't agree with those statements. But

1486
01:10:57,840 --> 01:11:00,760
Speaker 23: you know, a lengthy debate on that, and we raised

1487
01:11:00,800 --> 01:11:04,320
Speaker 23: some really serious issues about what that belt does. So

1488
01:11:04,479 --> 01:11:07,719
Speaker 23: we are concerned that it's cosmetic, that it doesn't attack

1489
01:11:07,760 --> 01:11:10,360
Speaker 23: the root causes of crime, like the manufacture of mething

1490
01:11:10,400 --> 01:11:14,040
Speaker 23: fetamine and international crime networks. All it does is take

1491
01:11:14,080 --> 01:11:16,760
Speaker 23: pactures off and that looks okay on the tally, that

1492
01:11:16,800 --> 01:11:19,800
Speaker 23: looks great, but it doesn't address organized crime.

1493
01:11:19,880 --> 01:11:23,400
Speaker 17: And the gegapologists.

1494
01:11:23,439 --> 01:11:24,920
Speaker 19: Listen to the gapologists.

1495
01:11:25,320 --> 01:11:27,400
Speaker 17: I mean, the Greeds have always the Greeds have always

1496
01:11:27,439 --> 01:11:31,000
Speaker 17: been governeds for with Laban. This is they are aligning

1497
01:11:31,080 --> 01:11:33,639
Speaker 17: with the gangs. They are supporting the gags, and we've

1498
01:11:33,680 --> 01:11:36,840
Speaker 17: been very clear the gains that there's there's enormous intergenerational

1499
01:11:36,920 --> 01:11:40,720
Speaker 17: harm that's created, there's there's they are responsible for a

1500
01:11:40,840 --> 01:11:43,599
Speaker 17: significant amount of violence in our communities, that's the peeling

1501
01:11:43,640 --> 01:11:44,479
Speaker 17: of drugs, and.

1502
01:11:44,520 --> 01:11:47,200
Speaker 4: We please, well of us get that. But that's that's

1503
01:11:47,240 --> 01:11:49,519
Speaker 4: my question to do. How do you distance yourself from

1504
01:11:49,560 --> 01:11:50,120
Speaker 4: that level of it?

1505
01:11:50,200 --> 01:11:53,160
Speaker 2: Easy, Well, we don't.

1506
01:11:52,960 --> 01:11:56,479
Speaker 23: Agree with that position at all. We make that incredibly clear. Yes,

1507
01:11:56,560 --> 01:11:58,439
Speaker 23: we have roots in governments the Greens before, but we

1508
01:11:58,520 --> 01:12:00,519
Speaker 23: don't agree on everything, and that's one of the things

1509
01:12:00,560 --> 01:12:03,320
Speaker 23: we don't agree on. We take a strong position that

1510
01:12:03,479 --> 01:12:07,439
Speaker 23: games are incredibly harmful, but we disagree with Mark's approach

1511
01:12:07,520 --> 01:12:09,760
Speaker 23: that just taking their jackets off them makes a lock

1512
01:12:09,800 --> 01:12:10,280
Speaker 23: of difference.

1513
01:12:10,560 --> 01:12:12,080
Speaker 4: Nice to see you both. Will catch up next week.

1514
01:12:12,120 --> 01:12:14,320
Speaker 4: Ginny Anderson, Mark Mitchell twenty two past eight.

1515
01:12:15,680 --> 01:12:19,000
Speaker 2: Cost Breakfast with Bailey's real estate news dog.

1516
01:12:18,880 --> 01:12:22,080
Speaker 4: Zvy A twenty five. Mike, come on, let's see who's

1517
01:12:22,120 --> 01:12:24,639
Speaker 4: telling Porky's pull the tapes. As Mark asked, you can't

1518
01:12:24,680 --> 01:12:27,680
Speaker 4: bring you can't pull the tapes. It's not it's not

1519
01:12:27,720 --> 01:12:30,560
Speaker 4: how it works. I watch question Time every day and

1520
01:12:30,680 --> 01:12:33,880
Speaker 4: I watched yesterday, and the tapes don't cover You can

1521
01:12:33,960 --> 01:12:35,880
Speaker 4: really only hear what's going on in terms of the

1522
01:12:35,920 --> 01:12:37,960
Speaker 4: person who's got the microphone open and a little bit

1523
01:12:38,000 --> 01:12:40,200
Speaker 4: of noise around them. When it gets particularly rawcus you

1524
01:12:40,280 --> 01:12:44,559
Speaker 4: may occasionally hear something, but in general, there's a lot

1525
01:12:44,600 --> 01:12:47,200
Speaker 4: of muttering that's never captured by any microphone at all.

1526
01:12:47,280 --> 01:12:50,320
Speaker 10: Sorr, it's good to hear that. You telling me how

1527
01:12:50,400 --> 01:12:52,200
Speaker 10: hopeless I am is bullying.

1528
01:12:52,720 --> 01:12:55,040
Speaker 4: Well, that's only according to Ginny. I just say it's

1529
01:12:55,080 --> 01:12:56,920
Speaker 4: a critique, and so you know.

1530
01:12:57,160 --> 01:13:00,400
Speaker 10: It's just at a shorthand of you're doing a hopeless job.

1531
01:13:00,960 --> 01:13:03,680
Speaker 4: Yeah, exactly right, And then that's as opposed to you

1532
01:13:03,920 --> 01:13:07,160
Speaker 4: being hopeless or you're a hope. That really was a

1533
01:13:07,240 --> 01:13:10,479
Speaker 4: hopeless job, Glenn, as opposed to Glenn you are hopeless?

1534
01:13:10,800 --> 01:13:14,040
Speaker 10: Right? Yeah, So okay, quite a good Lot's a fine line,

1535
01:13:14,080 --> 01:13:14,879
Speaker 10: isn't it difficult?

1536
01:13:15,120 --> 01:13:17,200
Speaker 4: In New Zealand? Might they stop flying to the UK

1537
01:13:17,520 --> 01:13:20,080
Speaker 4: now you've got to change carriers? There's probably something in that.

1538
01:13:20,160 --> 01:13:25,360
Speaker 4: I raised their New Zealand's issues earlier on because their

1539
01:13:25,520 --> 01:13:28,800
Speaker 4: flights are too expensive. Wrong, Their flights know more or

1540
01:13:28,880 --> 01:13:32,560
Speaker 4: less expensive than carriers around the world. They're competitive internationally

1541
01:13:32,600 --> 01:13:34,320
Speaker 4: around the world. You're going to go, but what about

1542
01:13:34,360 --> 01:13:36,960
Speaker 4: domestic are Yes, there's some money to be made from domestic,

1543
01:13:37,040 --> 01:13:40,280
Speaker 4: but that still doesn't explain why they're not doing well

1544
01:13:40,439 --> 01:13:43,639
Speaker 4: in terms of everyone's going. They're so expensive. They're full.

1545
01:13:44,080 --> 01:13:46,679
Speaker 4: Their planes domestically are full, so it's not like they're

1546
01:13:46,720 --> 01:13:49,000
Speaker 4: expensive and therefore no one's flying and all their planes

1547
01:13:49,040 --> 01:13:52,559
Speaker 4: are empty. They're full, so they're charging, you would argue,

1548
01:13:52,680 --> 01:13:55,040
Speaker 4: more than they should be charging. Plus their planes are full,

1549
01:13:55,120 --> 01:13:57,400
Speaker 4: so there's revenue coming in. So how does that explain

1550
01:13:57,680 --> 01:14:00,080
Speaker 4: how they're not doing as well as other airlines. They

1551
01:14:00,120 --> 01:14:03,160
Speaker 4: can't get ahead because New Zealand's and die economic times, Mike,

1552
01:14:03,400 --> 01:14:06,360
Speaker 4: everyone's in the same sort of economic where maybe it

1553
01:14:06,439 --> 01:14:08,320
Speaker 4: could be something we're maybe a little bit worse. But

1554
01:14:08,360 --> 01:14:09,679
Speaker 4: i mean, look at the numbers, look at the people.

1555
01:14:09,960 --> 01:14:13,280
Speaker 4: Hundreds of thousands of people went on holiday just these

1556
01:14:13,360 --> 01:14:16,240
Speaker 4: last school holidays, many of them internationally. There seems to

1557
01:14:16,280 --> 01:14:18,200
Speaker 4: be in this I'll get to this poll, this survey

1558
01:14:18,280 --> 01:14:20,880
Speaker 4: that was done and released yesterday with the airports, there

1559
01:14:20,960 --> 01:14:24,360
Speaker 4: seems no indication at all that a cost of living

1560
01:14:24,400 --> 01:14:27,799
Speaker 4: crisis is stopping us going on holidays. We've prioritized holidays,

1561
01:14:29,160 --> 01:14:32,120
Speaker 4: Mike in New Zealand was a terrible airline made great

1562
01:14:32,160 --> 01:14:34,360
Speaker 4: by Rob Fife. Now it's rubbish. I'm not sure that's

1563
01:14:34,360 --> 01:14:36,920
Speaker 4: the most analytical of news in the world, but your

1564
01:14:37,000 --> 01:14:39,240
Speaker 4: opinion's welcome news for you. In a couple of nights,

1565
01:14:39,240 --> 01:14:41,120
Speaker 4: sim will across the Tasman catch up with Skied christ

1566
01:14:41,280 --> 01:14:42,400
Speaker 4: here at Newstalk.

1567
01:14:42,080 --> 01:14:48,760
Speaker 1: CBS, your trusted source for news and fews. The mic

1568
01:14:48,840 --> 01:14:50,559
Speaker 1: Hosking breakfast with the.

1569
01:14:50,680 --> 01:14:54,599
Speaker 2: Range Rover villa designed to intrigue and use tog sad.

1570
01:14:54,439 --> 01:14:56,519
Speaker 4: Be Mike here in New Zealand needs better global network

1571
01:14:56,560 --> 01:14:58,680
Speaker 4: and partners. Being to Europe twice this year went an

1572
01:14:58,680 --> 01:15:00,880
Speaker 4: easy route vided by a dough Yeah, there is that

1573
01:15:01,000 --> 01:15:03,599
Speaker 4: to it. There's probably somebody else texted about the American

1574
01:15:03,600 --> 01:15:06,240
Speaker 4: airlines coming and eating the Alliance. There's probably something there

1575
01:15:06,280 --> 01:15:08,960
Speaker 4: as well. In New Zealand problems, Mike, I'm guessing it's

1576
01:15:09,000 --> 01:15:11,880
Speaker 4: their domestic flights that they're losing money on. You could

1577
01:15:12,240 --> 01:15:15,479
Speaker 4: not be more wrong. I'll give you the numbers in

1578
01:15:15,560 --> 01:15:18,040
Speaker 4: just a couple of moments. But this survey I've been

1579
01:15:18,080 --> 01:15:22,120
Speaker 4: alluding to this particular company who did it has an

1580
01:15:22,120 --> 01:15:25,360
Speaker 4: association with Auckland, christ Church and Queenstown Airports. Just under

1581
01:15:25,400 --> 01:15:28,400
Speaker 4: twenty six million passenger journeys, both domestic and international, were

1582
01:15:28,439 --> 01:15:32,200
Speaker 4: completed through these airports in twenty three twenty four, prioritizing

1583
01:15:32,240 --> 01:15:36,679
Speaker 4: holidays over dining out there continuing to prioritize holidays in general.

1584
01:15:37,320 --> 01:15:39,400
Speaker 4: This is a study into airports are nearly half of

1585
01:15:39,439 --> 01:15:42,880
Speaker 4: those surveyed I took multiple air travel trips during the

1586
01:15:42,920 --> 01:15:45,560
Speaker 4: twelve months of the survey period, signaling a return to

1587
01:15:45,760 --> 01:15:49,800
Speaker 4: habitual air travel. Eighty three percent of travel was for leisure,

1588
01:15:49,840 --> 01:15:51,800
Speaker 4: seventeen percent for business. So, in other words, the cost

1589
01:15:51,840 --> 01:15:54,360
Speaker 4: of living crisis, Yes, it's hit us all, but what

1590
01:15:54,479 --> 01:15:57,040
Speaker 4: we're doing is what money I have left. I'm jumping

1591
01:15:57,080 --> 01:16:00,400
Speaker 4: on a plane. Hence the original question, what the problem

1592
01:16:00,439 --> 01:16:01,760
Speaker 4: with the New Zealand twenty two to.

1593
01:16:01,880 --> 01:16:06,320
Speaker 16: Nine international correspondence with ends and eye insurance Peace of

1594
01:16:06,400 --> 01:16:07,960
Speaker 16: mind for New Zealand business.

1595
01:16:08,720 --> 01:16:11,760
Speaker 17: Point to you, good morning, I flew to Adelaide. Yes,

1596
01:16:11,800 --> 01:16:15,040
Speaker 17: so the plane was absolutely groaning with people, not one

1597
01:16:15,120 --> 01:16:19,000
Speaker 17: spare seat on the entire plane. It's and we have

1598
01:16:19,080 --> 01:16:21,160
Speaker 17: the same issue as you do. We've got two airlines

1599
01:16:21,200 --> 01:16:24,920
Speaker 17: and gone bust in the last twelve months. Bonds are

1600
01:16:25,000 --> 01:16:28,599
Speaker 17: and then we lost Rexicur, so I don't quite work

1601
01:16:28,600 --> 01:16:28,840
Speaker 17: it out.

1602
01:16:28,880 --> 01:16:31,320
Speaker 4: On what do you pay to fly from Melbourne to Adelaide?

1603
01:16:32,200 --> 01:16:34,439
Speaker 17: Rough I did that well, I did that on points,

1604
01:16:34,479 --> 01:16:37,760
Speaker 17: but it will probably be about three hundred and fifty

1605
01:16:37,800 --> 01:16:39,120
Speaker 17: bucks let's return.

1606
01:16:39,400 --> 01:16:42,080
Speaker 4: And would that be regarded by most Australians as acceptable?

1607
01:16:42,160 --> 01:16:42,479
Speaker 21: Normal?

1608
01:16:42,640 --> 01:16:43,439
Speaker 4: Expensive? Cheap?

1609
01:16:43,520 --> 01:16:49,240
Speaker 17: What's that's quantus? So it's more expensive than what you

1610
01:16:49,280 --> 01:16:54,880
Speaker 17: would pay on Jetstar or on Virgin. But the people

1611
01:16:54,960 --> 01:16:57,759
Speaker 17: on that plane yesterday appeared to me to be mainly

1612
01:16:57,920 --> 01:16:59,960
Speaker 17: people going for leisure, not business.

1613
01:17:00,200 --> 01:17:00,400
Speaker 15: Yeah.

1614
01:17:00,680 --> 01:17:03,679
Speaker 4: Interesting. So Michelle Bollock, I'm watching her yesterday. I'd probably

1615
01:17:03,680 --> 01:17:04,880
Speaker 4: say this every time I talked to you, but I

1616
01:17:05,080 --> 01:17:07,600
Speaker 4: like her. There's something she has, something normal about her.

1617
01:17:07,640 --> 01:17:10,600
Speaker 4: She speaks everybody's language. But tell you what, You're not

1618
01:17:10,640 --> 01:17:11,880
Speaker 4: getting a cut anytime soon.

1619
01:17:12,680 --> 01:17:16,200
Speaker 17: No, she's very blunt, isn't she. I'm not sure if

1620
01:17:16,600 --> 01:17:18,880
Speaker 17: I used to think. I think I prefer that when

1621
01:17:18,880 --> 01:17:21,040
Speaker 17: the Reserve Bank was sort of baseless and we just

1622
01:17:21,120 --> 01:17:23,920
Speaker 17: didn't get the information. But everybody's doing it so tough

1623
01:17:23,960 --> 01:17:25,400
Speaker 17: for these days that you need to know why. She

1624
01:17:25,479 --> 01:17:27,559
Speaker 17: came out and said, look, the cash rights something to change,

1625
01:17:28,479 --> 01:17:32,120
Speaker 17: and she used words like it will not change for

1626
01:17:32,400 --> 01:17:35,360
Speaker 17: some time, and in fact then went on to say

1627
01:17:35,400 --> 01:17:38,920
Speaker 17: that the Reserve Bank Board that mett we're talking about

1628
01:17:39,640 --> 01:17:43,720
Speaker 17: keeping it on hold or putting interest rates up as

1629
01:17:43,760 --> 01:17:47,120
Speaker 17: opposed to cutting them. Now that's not good news for

1630
01:17:47,160 --> 01:17:49,800
Speaker 17: the government, who are now on the edge of whether

1631
01:17:49,840 --> 01:17:51,599
Speaker 17: they go to an election or not go to an election.

1632
01:17:51,720 --> 01:17:54,120
Speaker 17: I mean, if she'd come out yesterday and given a

1633
01:17:54,200 --> 01:17:57,479
Speaker 17: two percent cut, we were to rush to the polls

1634
01:17:57,560 --> 01:18:00,720
Speaker 17: or have thought. But now the government is staring in

1635
01:18:00,760 --> 01:18:04,920
Speaker 17: the face of an interest rate rise. The unemployment rate

1636
01:18:05,040 --> 01:18:07,400
Speaker 17: and the economy in general is the thing that has

1637
01:18:07,520 --> 01:18:11,519
Speaker 17: still got the bank concerned. The inflation rate remains high.

1638
01:18:11,680 --> 01:18:14,240
Speaker 17: Things up, the cost of fuel in particular, but also

1639
01:18:14,720 --> 01:18:18,719
Speaker 17: household insurance, car insurance, those sticky things that you can't

1640
01:18:18,840 --> 01:18:22,640
Speaker 17: do much about are all more expensive. And so I

1641
01:18:22,800 --> 01:18:25,360
Speaker 17: think the Prime ministers really would have had a very

1642
01:18:25,400 --> 01:18:27,840
Speaker 17: sleepless night last night wondering what he's going to do.

1643
01:18:28,200 --> 01:18:30,360
Speaker 4: Exactly. You've got exactly the same problems we've got. There's

1644
01:18:30,439 --> 01:18:33,040
Speaker 4: something from Men's the other day about work from home,

1645
01:18:33,560 --> 01:18:35,599
Speaker 4: and I speak and I should have checked, and I forgot.

1646
01:18:36,080 --> 01:18:38,920
Speaker 4: I thought we had got rid of it. Everyone has

1647
01:18:38,960 --> 01:18:41,000
Speaker 4: to be back in the office. And maybe I'm completely

1648
01:18:41,080 --> 01:18:44,120
Speaker 4: wrong on that, but how's that gone down on Australia

1649
01:18:44,120 --> 01:18:47,519
Speaker 4: because he said, basically, downtown Sydney's buggered and you need

1650
01:18:47,600 --> 01:18:48,360
Speaker 4: to get back to work.

1651
01:18:49,320 --> 01:18:49,519
Speaker 1: Yeah.

1652
01:18:49,600 --> 01:18:53,000
Speaker 17: Look, this is public servants. So I mean both in

1653
01:18:53,200 --> 01:18:57,000
Speaker 17: Victorias and in New South Wales, the major employer is

1654
01:18:57,080 --> 01:19:00,080
Speaker 17: the government. I mean, don't let's forget that. Tend and

1655
01:19:00,200 --> 01:19:02,560
Speaker 17: tens of thousands of people have been added to the

1656
01:19:02,640 --> 01:19:06,400
Speaker 17: number of public servants that work for the taxpayers supposedly

1657
01:19:06,520 --> 01:19:10,280
Speaker 17: in both places. Men's who I quite like Labor Premier

1658
01:19:10,520 --> 01:19:14,280
Speaker 17: from the center left, came out on Monday and said,

1659
01:19:14,560 --> 01:19:18,040
Speaker 17: not only do public servants now have to go back

1660
01:19:18,080 --> 01:19:19,880
Speaker 17: to the office, they need to do it this week.

1661
01:19:20,280 --> 01:19:22,080
Speaker 17: He said, you need to be back at your desk

1662
01:19:22,439 --> 01:19:25,639
Speaker 17: by tomorrow. Now that's clearly not going to happen. I'll

1663
01:19:25,640 --> 01:19:27,680
Speaker 17: take a little bit more time than that. Well, the

1664
01:19:27,800 --> 01:19:31,599
Speaker 17: Victorian government, which is of the center left, Dave said,

1665
01:19:31,600 --> 01:19:34,040
Speaker 17: oh no, no, no, no, no, We're going to leave

1666
01:19:34,040 --> 01:19:36,800
Speaker 17: it like it is. And the policy in Victoria is

1667
01:19:36,880 --> 01:19:40,240
Speaker 17: you have to work from your desk three days out

1668
01:19:40,280 --> 01:19:41,800
Speaker 17: of five a week. The rest of the time you

1669
01:19:41,840 --> 01:19:43,960
Speaker 17: can work from home. The only problem with that is

1670
01:19:44,000 --> 01:19:46,160
Speaker 17: that no one's checking no one's working out is it

1671
01:19:46,240 --> 01:19:49,519
Speaker 17: the office who isn't? And so Victorian government had the

1672
01:19:49,720 --> 01:19:53,080
Speaker 17: hide yesterday to say, well, if you are a new

1673
01:19:53,200 --> 01:19:55,479
Speaker 17: South Wales public servant and you don't like being told

1674
01:19:55,520 --> 01:19:57,400
Speaker 17: to go back to work for days a week, come

1675
01:19:57,479 --> 01:20:00,439
Speaker 17: and work in Victoria where you can day at home

1676
01:20:00,520 --> 01:20:05,040
Speaker 17: in your tracksuits on Monday and Friday and do your

1677
01:20:05,280 --> 01:20:07,519
Speaker 17: washing and hang out with your mates at the pub

1678
01:20:08,000 --> 01:20:11,280
Speaker 17: instead of actually doing any work. We don't need any

1679
01:20:11,320 --> 01:20:14,200
Speaker 17: more public servants. They should be sacking people and they

1680
01:20:14,240 --> 01:20:16,439
Speaker 17: should all be back at work, is my view.

1681
01:20:17,920 --> 01:20:20,599
Speaker 4: It's a funny business, isn't it, Victoria. It's as much

1682
01:20:20,640 --> 01:20:22,760
Speaker 4: as I love Melbourne, and we've discussed it. I just

1683
01:20:22,960 --> 01:20:25,280
Speaker 4: listened to the stories you tell and I may shake

1684
01:20:25,360 --> 01:20:28,439
Speaker 4: my head. This security threat, by the way, I watched

1685
01:20:28,479 --> 01:20:31,160
Speaker 4: that as well. What's the guy's name? The Aco guy

1686
01:20:32,120 --> 01:20:34,360
Speaker 4: like Burgess says your boss. He's quite good. I like

1687
01:20:34,479 --> 01:20:36,400
Speaker 4: him as well. He's straight to the point. But so

1688
01:20:36,680 --> 01:20:38,799
Speaker 4: have they got something specific or just a vibe?

1689
01:20:40,600 --> 01:20:43,320
Speaker 17: It's probably more than a vibe. But it's no one

1690
01:20:44,520 --> 01:20:48,840
Speaker 17: specific threat that they see coming, but they've raised a

1691
01:20:48,960 --> 01:20:53,360
Speaker 17: level to an expected terror attack. And what Burgess said

1692
01:20:53,400 --> 01:20:55,719
Speaker 17: that shook me a little bit. He said, it's to both.

1693
01:20:55,880 --> 01:20:57,880
Speaker 17: The people I don't know about are the ones that

1694
01:20:58,040 --> 01:21:00,439
Speaker 17: really worry me. I mean, you remember, but we had

1695
01:21:00,439 --> 01:21:03,200
Speaker 17: that incident in that church in Sydney where the lone

1696
01:21:03,280 --> 01:21:06,040
Speaker 17: wool arm with the knife went and attacked the priests

1697
01:21:06,040 --> 01:21:08,200
Speaker 17: and stabbed him in the head. I mean, that's the

1698
01:21:08,280 --> 01:21:10,840
Speaker 17: sort of person that they're really worried about. Social media

1699
01:21:11,240 --> 01:21:14,560
Speaker 17: has changed the way that they have to operate, but

1700
01:21:14,680 --> 01:21:18,360
Speaker 17: they are clearly concerned. Prime Minister was very merely mouth

1701
01:21:18,479 --> 01:21:21,320
Speaker 17: standing next to Burgess. Burgess made him look weak again.

1702
01:21:22,040 --> 01:21:24,839
Speaker 17: He's not actually done anything, Anthony album easy.

1703
01:21:24,720 --> 01:21:26,160
Speaker 14: To clamp down on.

1704
01:21:26,360 --> 01:21:29,759
Speaker 17: What are particularly these pro Palestinian rallies that are still happening.

1705
01:21:29,800 --> 01:21:32,519
Speaker 17: We can't still can you believe it? Go to his

1706
01:21:32,640 --> 01:21:36,720
Speaker 17: electorate office in Marrickville because it's blockaded by people protesting

1707
01:21:37,000 --> 01:21:40,880
Speaker 17: in favor of Palestine and Hamas. So it is a

1708
01:21:41,000 --> 01:21:43,800
Speaker 17: dangerous time I think for everybody. But Burgess, you're right,

1709
01:21:43,960 --> 01:21:45,200
Speaker 17: is a pretty strong character and.

1710
01:21:45,200 --> 01:21:47,479
Speaker 4: Enjoy Adelaide mate appreciate it. I see next week Steve

1711
01:21:47,520 --> 01:21:49,360
Speaker 4: price out of Australia. By the way, Lamb prices are

1712
01:21:49,400 --> 01:21:52,599
Speaker 4: full and eleven percent in Australia since June, breakfast cereals

1713
01:21:52,640 --> 01:21:54,679
Speaker 4: down to four point one percent. Inflation. This is food

1714
01:21:54,680 --> 01:21:57,920
Speaker 4: inflation came out yesterday cheese cheese inflation and an Australia

1715
01:21:57,960 --> 01:22:01,639
Speaker 4: two point eight compared with sixteen point Tea and coffee

1716
01:22:02,240 --> 01:22:05,120
Speaker 4: tumbled from eleven point nine to one point one chief

1717
01:22:05,120 --> 01:22:06,680
Speaker 4: to week in Australia. By the way, I did tell

1718
01:22:06,720 --> 01:22:08,839
Speaker 4: you i'd tell you about this EV pilot out of Australia.

1719
01:22:08,880 --> 01:22:10,160
Speaker 4: So I'm going to do that right now. So you

1720
01:22:10,200 --> 01:22:11,760
Speaker 4: don't go, oh, you'd said you're going to say something,

1721
01:22:11,840 --> 01:22:13,640
Speaker 4: but you didn't. You're useless. My wife says that to

1722
01:22:13,680 --> 01:22:15,400
Speaker 4: me most morning. It's about ten past nine, says you

1723
01:22:15,439 --> 01:22:17,160
Speaker 4: didn't tell that story, and they go, yep, no, that's

1724
01:22:17,240 --> 01:22:20,640
Speaker 4: one of my great weaknesses. Among many others, Uber is

1725
01:22:20,720 --> 01:22:26,479
Speaker 4: offering drivers second hand EV's in an ownership pilot. Their

1726
01:22:26,600 --> 01:22:29,040
Speaker 4: idea is they need to grow the electric vehicle market.

1727
01:22:29,080 --> 01:22:32,080
Speaker 4: The electric vehicle market in Australia's not pretty much non

1728
01:22:32,120 --> 01:22:33,760
Speaker 4: existent because it's such a big country and there are

1729
01:22:33,800 --> 01:22:36,920
Speaker 4: no charges. So these pre owned vehicle an importer called

1730
01:22:37,000 --> 01:22:40,759
Speaker 4: car Empire, they're going to be offered leases. These drivers

1731
01:22:40,840 --> 01:22:42,439
Speaker 4: you can eventually lease to own if you want. The

1732
01:22:42,520 --> 01:22:44,559
Speaker 4: deal starts from one hundred and twenty five bucks a week.

1733
01:22:44,840 --> 01:22:48,400
Speaker 4: Seems reasonable. You can lead to outright ownership after five years.

1734
01:22:48,439 --> 01:22:50,719
Speaker 4: But here's your problem. So first of all, you've already

1735
01:22:50,720 --> 01:22:53,240
Speaker 4: got a used EV. You're paying one hundred and twenty

1736
01:22:53,280 --> 01:22:55,720
Speaker 4: five dollars a week for five years. At the end

1737
01:22:55,760 --> 01:22:57,759
Speaker 4: of it, you a really old car. What's your battery

1738
01:22:57,840 --> 01:22:59,880
Speaker 4: doing at the end of that time? As an uber driver,

1739
01:23:00,080 --> 01:23:03,200
Speaker 4: the chances are not much, so they say cost is

1740
01:23:03,200 --> 01:23:06,240
Speaker 4: the big issue getting into the market. That's true electric

1741
01:23:06,320 --> 01:23:10,080
Speaker 4: vehicles and Australia make up zero point six percent of sales.

1742
01:23:10,680 --> 01:23:12,360
Speaker 4: So who was going to try and do something about it?

1743
01:23:12,439 --> 01:23:14,160
Speaker 4: See how that goes? Eight forty five.

1744
01:23:16,000 --> 01:23:20,400
Speaker 1: The Like Asking Breakfast Full Show podcast on iHeartRadio powered

1745
01:23:20,439 --> 01:23:21,440
Speaker 1: by News Talks.

1746
01:23:21,160 --> 01:23:23,840
Speaker 4: At b Actually, before we leave, EV's toil away from nine.

1747
01:23:23,880 --> 01:23:26,360
Speaker 4: By the way, charge in it yesterday. I'm noting they're

1748
01:23:26,400 --> 01:23:30,920
Speaker 4: the country's largest charging company. The current lull in sales,

1749
01:23:30,960 --> 01:23:34,120
Speaker 4: they're arguing will soon rebound. I suspect they hope it

1750
01:23:34,160 --> 01:23:37,200
Speaker 4: will rebound, as opposed to them guaranteeing it will rebound.

1751
01:23:37,560 --> 01:23:41,120
Speaker 4: They spoke optimistically of the local EV market in a

1752
01:23:41,200 --> 01:23:43,920
Speaker 4: press release about the opening of charge Net's first charging hub,

1753
01:23:44,280 --> 01:23:47,080
Speaker 4: which is in Towonga. A temporary slow down on EV

1754
01:23:47,200 --> 01:23:49,840
Speaker 4: sales from recent changes in policy direction will be short term.

1755
01:23:50,120 --> 01:23:51,920
Speaker 4: How long are they going to run? The policy direction

1756
01:23:52,080 --> 01:23:55,240
Speaker 4: story from that finish pretty much in October November last year,

1757
01:23:55,240 --> 01:23:58,760
Speaker 4: and it hasn't moved since. I will fully accept that

1758
01:23:58,920 --> 01:24:00,519
Speaker 4: some of the car issues in the country at the

1759
01:24:00,560 --> 01:24:02,479
Speaker 4: moment are a result of the economic climate. In other words,

1760
01:24:02,520 --> 01:24:04,680
Speaker 4: people have got no money to buy a car. But

1761
01:24:04,920 --> 01:24:06,720
Speaker 4: if you look at the numbers, there are still of

1762
01:24:06,800 --> 01:24:08,800
Speaker 4: those who are still buying cars. Their choice is very

1763
01:24:08,880 --> 01:24:10,880
Speaker 4: very clear. It's not an EV. So how long are

1764
01:24:10,920 --> 01:24:13,040
Speaker 4: we going to argue the old change of policy routine?

1765
01:24:13,600 --> 01:24:15,920
Speaker 4: They are saying they're going to open more charging hubs

1766
01:24:15,920 --> 01:24:20,280
Speaker 4: around the country. Good stuff. Kia It quotes kier Is

1767
01:24:20,320 --> 01:24:22,800
Speaker 4: saying EV sales will pick up again next year. Let's hope.

1768
01:24:22,840 --> 01:24:26,320
Speaker 4: So MG say they don't have a clue, So who's right.

1769
01:24:26,720 --> 01:24:28,880
Speaker 4: Year Today, twenty eight hundred and eighty nine new EV's

1770
01:24:28,880 --> 01:24:31,160
Speaker 4: have been registered locally. I mean that's nothing. Let's call

1771
01:24:31,200 --> 01:24:34,080
Speaker 4: it three thousand over what the last six seven months?

1772
01:24:34,800 --> 01:24:38,559
Speaker 4: It's nothing. Mike, You and your troglodyte mate, great word

1773
01:24:39,600 --> 01:24:42,560
Speaker 4: from Australia. Need to wise up to the benefits of

1774
01:24:42,600 --> 01:24:44,840
Speaker 4: working from home. My wife works for an insurance company

1775
01:24:44,880 --> 01:24:46,400
Speaker 4: and saves two hours a day by not traveling to

1776
01:24:46,479 --> 01:24:48,479
Speaker 4: and from the CBD. This couldn't with a Kip plup.

1777
01:24:48,520 --> 01:24:50,879
Speaker 4: I get it all, Jason, I get it all. That's

1778
01:24:50,920 --> 01:24:52,720
Speaker 4: the old argument of working for I'm not saying working

1779
01:24:52,720 --> 01:24:54,160
Speaker 4: for home is good or bad. All I'm saying is

1780
01:24:54,200 --> 01:24:57,760
Speaker 4: that downtown, particularly metropolitan areas like Auckland Wellington, have been

1781
01:24:57,800 --> 01:25:00,320
Speaker 4: severely affected by people staying at home. It's all I'm saying.

1782
01:25:00,320 --> 01:25:02,160
Speaker 4: And they've had enough of it in Australia. I just

1783
01:25:02,280 --> 01:25:05,719
Speaker 4: wasn't sure whether we've had I don't think in this country.

1784
01:25:06,040 --> 01:25:09,559
Speaker 4: I'm looking at the piece of legislation, Section sixty nine

1785
01:25:09,600 --> 01:25:13,120
Speaker 4: double a eighth of the Employment Relations Act of two thousand.

1786
01:25:13,680 --> 01:25:16,840
Speaker 4: I don't think we've issued an edict in this country

1787
01:25:16,920 --> 01:25:19,240
Speaker 4: that you must individual employees.

1788
01:25:18,920 --> 01:25:21,400
Speaker 10: They love a workplace for all in Australia about.

1789
01:25:21,160 --> 01:25:23,080
Speaker 4: That, yeah, exactly. There's a lot of that going on.

1790
01:25:23,200 --> 01:25:25,719
Speaker 10: To be an agreement with the union exactly, Well.

1791
01:25:25,600 --> 01:25:26,800
Speaker 4: They do mention the unions here.

1792
01:25:26,840 --> 01:25:29,679
Speaker 10: Actually, does it unfair calling Steve Price a troubler died?

1793
01:25:30,080 --> 01:25:32,720
Speaker 18: Well, I mean, is he a person who's regarded as

1794
01:25:32,800 --> 01:25:38,200
Speaker 18: being deliberately ignorant? Or oh sorry, I thought the more

1795
01:25:38,200 --> 01:25:39,920
Speaker 18: I read that, definitely that maybe.

1796
01:25:39,760 --> 01:25:43,080
Speaker 4: He was incorrect use of the word. But the word

1797
01:25:43,400 --> 01:25:46,280
Speaker 4: was one that rolls off the tongue in a nice fashion.

1798
01:25:46,360 --> 01:25:48,560
Speaker 4: So every now and again you get a text with

1799
01:25:48,640 --> 01:25:50,519
Speaker 4: a good, good, good word, So I like to use

1800
01:25:50,520 --> 01:25:51,240
Speaker 4: the word, whether it's.

1801
01:25:51,160 --> 01:25:53,400
Speaker 10: The always thought that it was a threely good troll.

1802
01:25:53,479 --> 01:25:56,719
Speaker 4: But no, it's not so domestic. The person who suggested

1803
01:25:56,760 --> 01:25:58,559
Speaker 4: there's no money to be made on the domestic that's

1804
01:25:58,560 --> 01:26:00,560
Speaker 4: where all the money is for any New Zealand. So

1805
01:26:01,080 --> 01:26:03,760
Speaker 4: in total for New Zealand, let me give you the

1806
01:26:03,800 --> 01:26:05,960
Speaker 4: other numbers. First, they made nine hundred and nine million,

1807
01:26:06,000 --> 01:26:08,200
Speaker 4: This is twenty twenty three. They made nine hundred and

1808
01:26:08,240 --> 01:26:11,400
Speaker 4: nine million out of America, out of Asia, the UK

1809
01:26:11,520 --> 01:26:13,720
Speaker 4: and Europe. They made seven hundred and ten million out

1810
01:26:13,720 --> 01:26:15,759
Speaker 4: of Australia. In the Pacific Islands they made eight hundred

1811
01:26:15,760 --> 01:26:17,920
Speaker 4: and thirty eight million. You got those numbers out of

1812
01:26:18,000 --> 01:26:22,080
Speaker 4: New Zealand they made three point eight seven billion. All

1813
01:26:22,200 --> 01:26:24,400
Speaker 4: the money is in domestic nine to nine.

1814
01:26:25,720 --> 01:26:30,880
Speaker 1: The Mike Hosking Breakfast with Alveda Retirement Communities News togsa'd.

1815
01:26:30,439 --> 01:26:32,400
Speaker 4: Be like another way of putting those numbers. If you

1816
01:26:32,439 --> 01:26:36,160
Speaker 4: want to add up the Asia Pacific Islands income, the Asia, Australia,

1817
01:26:36,200 --> 01:26:39,240
Speaker 4: Pacific Islands, Asia, United Kingdom, Europe and the American income

1818
01:26:39,520 --> 01:26:42,880
Speaker 4: comes to two point four to five billion versus just

1819
01:26:43,000 --> 01:26:45,240
Speaker 4: New Zealand domestically three point eight So all of their

1820
01:26:45,320 --> 01:26:47,720
Speaker 4: income from the whole world put together doesn't even come

1821
01:26:47,760 --> 01:26:52,360
Speaker 4: close to what they're earned from the domestic network. Here's

1822
01:26:52,400 --> 01:26:56,800
Speaker 4: a test. Transpower are looking for feedback. They're going to

1823
01:26:56,920 --> 01:26:59,800
Speaker 4: upgrade the cook Straight cable and this goes to infrastructure.

1824
01:27:00,200 --> 01:27:02,880
Speaker 4: To our conversation on Northland that we've had, to the

1825
01:27:02,960 --> 01:27:05,000
Speaker 4: mill in the Central North Island that's closing down because

1826
01:27:05,000 --> 01:27:06,800
Speaker 4: they can't afford the power. To all the problems in

1827
01:27:06,840 --> 01:27:09,040
Speaker 4: this country like the brin Durwins, the potholes, all that

1828
01:27:09,120 --> 01:27:11,759
Speaker 4: sort of stuff, all the stuff we bugger up because

1829
01:27:11,800 --> 01:27:14,439
Speaker 4: we don't think big. So Transparer at the moment need

1830
01:27:14,520 --> 01:27:17,320
Speaker 4: to upgrade the cook Straight cable. They've worked out if

1831
01:27:17,360 --> 01:27:20,720
Speaker 4: they improve it or boost it from twelve megs to

1832
01:27:20,800 --> 01:27:24,479
Speaker 4: fourteen hundred megs, that would future proof this part of

1833
01:27:24,520 --> 01:27:27,519
Speaker 4: the country's electricity system. In other words, they're thinking big picture.

1834
01:27:27,560 --> 01:27:31,040
Speaker 4: They do it for the next forty years now. Submarine

1835
01:27:31,120 --> 01:27:33,439
Speaker 4: electricity cables are in high demand. Don't know if you

1836
01:27:33,520 --> 01:27:35,760
Speaker 4: know that, but it's true. They're in high demand all

1837
01:27:35,800 --> 01:27:37,559
Speaker 4: over the world. We need to reserve our place. It's

1838
01:27:37,600 --> 01:27:39,479
Speaker 4: like a flash restaurant. We need to reserve our place

1839
01:27:39,560 --> 01:27:41,960
Speaker 4: for some cable. So they've gone out to the market

1840
01:27:42,040 --> 01:27:43,880
Speaker 4: and they've gone, what do you reckon? Shall we go big?

1841
01:27:44,200 --> 01:27:46,080
Speaker 4: Shall we cover ourselves off? Or do you want to

1842
01:27:46,120 --> 01:27:48,040
Speaker 4: stay small and just do the minimum? So it'll be

1843
01:27:48,080 --> 01:27:48,760
Speaker 4: interesting to see.

1844
01:27:49,080 --> 01:27:51,200
Speaker 18: Hang on, I'm just trying to think, when was the

1845
01:27:51,280 --> 01:27:55,280
Speaker 18: Auckland power crisis when we sort of started asking serious questions.

1846
01:27:55,000 --> 01:27:57,440
Speaker 10: About Patrick Strange power cables.

1847
01:27:58,120 --> 01:28:03,000
Speaker 4: I was breakfast television in Manhattan.

1848
01:28:02,720 --> 01:28:05,960
Speaker 10: So twenty years if it's back in white days, isn't it.

1849
01:28:06,000 --> 01:28:07,720
Speaker 4: Very much so? Twenty years ago and we're still having

1850
01:28:07,760 --> 01:28:10,240
Speaker 4: the conversation they were in parties? Your answer, isn't it

1851
01:28:10,439 --> 01:28:11,599
Speaker 4: five minutes away from nine?

1852
01:28:12,520 --> 01:28:17,559
Speaker 1: Trending now with chemist wells keeping Kiwi's healthy all year round.

1853
01:28:17,680 --> 01:28:20,400
Speaker 4: Jordan Keppler does the Daily show these days, this is

1854
01:28:20,479 --> 01:28:22,600
Speaker 4: Semi's favorite show, goes home each day. What channel is

1855
01:28:22,600 --> 01:28:25,040
Speaker 4: the Daily Show on? Says that on the Lifestyle Channel,

1856
01:28:25,120 --> 01:28:28,320
Speaker 4: Comedy Central, Comedy Central. So Semmi loves the Lifestyle Channel

1857
01:28:28,640 --> 01:28:30,960
Speaker 4: and the Comedy Central channel and the daily shows his

1858
01:28:31,040 --> 01:28:34,080
Speaker 4: favorite and Jordan Kepler's as man. Anyway, So Jordan's come

1859
01:28:34,160 --> 01:28:35,800
Speaker 4: up with this one. This is once again outside of

1860
01:28:35,840 --> 01:28:39,560
Speaker 4: Trump rally, people were being asked about gay rights and

1861
01:28:39,760 --> 01:28:41,679
Speaker 4: what was fair and what wasn't fair.

1862
01:28:41,920 --> 01:28:43,439
Speaker 2: Do you think a gay couple should have the same

1863
01:28:43,560 --> 01:28:46,240
Speaker 2: rates as a No, I don't, I really don't.

1864
01:28:46,280 --> 01:28:48,880
Speaker 10: I don't think it's fairer to the gay couple.

1865
01:28:49,360 --> 01:28:52,800
Speaker 15: Well, no, but the regular couple they work so hard,

1866
01:28:52,920 --> 01:28:55,840
Speaker 15: you're not and a gee couple they want more.

1867
01:28:57,160 --> 01:28:59,400
Speaker 4: Do you when you say more, do you mean equal?

1868
01:29:00,560 --> 01:29:00,760
Speaker 6: Yeah?

1869
01:29:00,800 --> 01:29:05,160
Speaker 2: They want to equal on there and that's just too much. Yeah, No,

1870
01:29:05,320 --> 01:29:06,040
Speaker 2: that's the wrong answer.

1871
01:29:06,080 --> 01:29:06,320
Speaker 5: Sorry.

1872
01:29:06,360 --> 01:29:09,760
Speaker 10: Hold on, it's a.

1873
01:29:09,760 --> 01:29:12,639
Speaker 4: Fun place in America. Hey, mcryan's back tomorrow? Is it tomorrow?

1874
01:29:13,400 --> 01:29:16,639
Speaker 4: Mccran's my favorite military analyst in the whole wide world.

1875
01:29:16,680 --> 01:29:18,719
Speaker 4: I discovered him a couple of years ago doing some writing,

1876
01:29:18,720 --> 01:29:20,840
Speaker 4: and I thought, the guy knows what he's doing. So

1877
01:29:20,960 --> 01:29:22,560
Speaker 4: we haven't had him on for a while, and it

1878
01:29:22,680 --> 01:29:24,960
Speaker 4: just just occurs to me. I don't know if you've noticed,

1879
01:29:25,000 --> 01:29:27,040
Speaker 4: but the war we originally got him on on is

1880
01:29:27,120 --> 01:29:29,800
Speaker 4: still going and appears to be probably going for some

1881
01:29:29,960 --> 01:29:32,840
Speaker 4: considerable time yet, so we'll talk to him about Ukraine.

1882
01:29:32,840 --> 01:29:35,280
Speaker 4: Of course, he's just got the F sixteen's old Zelensky

1883
01:29:35,360 --> 01:29:37,559
Speaker 4: this week, and of course we've got the unfollowing situation

1884
01:29:37,640 --> 01:29:39,320
Speaker 4: in the Middle East, so we'll have him Mcryan back

1885
01:29:39,360 --> 01:29:41,800
Speaker 4: with us tomorrow. We'll see you from six Happy Days.

1886
01:29:42,520 --> 01:29:45,400
Speaker 1: For more from the Mic Asking Breakfast, listen live to

1887
01:29:45,520 --> 01:29:48,599
Speaker 1: news talks. It'd be from six am weekdays, or follow

1888
01:29:48,640 --> 01:29:50,160
Speaker 1: the podcast on iHeartRadio.