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Speaker 1: Setting the news agenda and digging into the issues.

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Speaker 2: The Mic Hosking.

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Speaker 3: Breakfast with Bailey's real Estate Altogether Better across residential, commercial

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Speaker 3: and rural.

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Speaker 1: On News Talk, Sed b.

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Speaker 4: Welling Welcome, new economic forecast for our beleagued economy. New

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Speaker 4: rules for building stuff in your backyard. Winston Peters on

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Speaker 4: a transgender sport funding back down, Nicola Willis on planes

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Speaker 4: and Chinese interference and ets and carbon markets. Tom Buley

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Speaker 4: and the noise around him as New Zealand Motorsport's next

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Speaker 4: hot talent. Catherine Field as in France, and Rod Liddle

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Speaker 4: is in the UK. Pasking welcome today seven past six.

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Speaker 4: Seems we have a hole. It could be a three

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Speaker 4: billion dollar hole. ACC have an investment fund. The money

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Speaker 4: earned theoretically pays for all of the claims made until

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Speaker 4: it doesn't, which it isn't. Hence the three billion dollar hole.

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Speaker 4: Part of the revenue stream of the levees. Of course,

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Speaker 4: different people paid diferent a mounts and different ways. I,

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Speaker 4: for example, pay way too much and have done for years.

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Speaker 4: The suggestion when they go to reset the levees, which

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Speaker 4: they're about to do, is that the levees need to

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Speaker 4: go up by as much as twenty five percent to

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Speaker 4: cover the liabilities the levees bring in currently a bit

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Speaker 4: over six billion dollars a year. That's a hell of

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Speaker 4: a lot of money for a small country on falling

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Speaker 4: over or off step ladders. So a couple of things there.

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Speaker 4: When you put up something that my and large you

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Speaker 4: know is a lot that of course adds to our

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Speaker 4: ongoing inflation battle. It is yet another cost we will

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Speaker 4: need to find from an income stream that for most

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Speaker 4: of us anyway, isn't able to be adjusted to simply

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Speaker 4: offset new price rises. The other thing we might like

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Speaker 4: to look at is why these claims are so high.

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Speaker 4: Nearly two million new claims were accepted last year. What's

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Speaker 4: wrong with us? I mean, to be fair, eye was one,

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Speaker 4: but two things about that. One that was my first

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Speaker 4: ever claim, and two I only claim because my wife

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Speaker 4: went off at me when I told her I was

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Speaker 4: happy to pay the bill given to my mind, it

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Speaker 4: wasn't actually an accident. This is where the issue, or

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Speaker 4: at least part of the issue, might lie in my

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Speaker 4: one off experience, but certainly in my wider families experience.

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Speaker 4: Everything's acc It's like blood tests because you don't pay

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Speaker 4: for them. They hand them out like lolly water. The

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Speaker 4: first thing the medico does is try and work out

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Speaker 4: what sort of accident it was, Even if it wasn't

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Speaker 4: an accident, there are almost They're desperate, desperate for you

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Speaker 4: to make a claim to get yourself fixed up on

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Speaker 4: good old acc whether it's genuine or not. I had

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Speaker 4: a frozen shoulder. Was it an accident? Did I do

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Speaker 4: something specific? I didn't think so, it just happened that

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Speaker 4: to my mind wasn't an accident. Therefore wasn't a sec

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Speaker 4: But the system led by my medico will tell you differently,

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Speaker 4: And so I was one of the over two million

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Speaker 4: new claims. What seems free never is, and then it's abused.

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Speaker 4: And when it's abused, you're looking at putting the levees

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Speaker 4: up by a quarter. It is not a good way

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Speaker 4: of doing business.

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Speaker 1: News of the World in ninety.

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Speaker 4: Second's start with the war when itna who's dissolved as

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Speaker 4: war cabinet and the knives are out.

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Speaker 5: Question of Sir Letagno's greet one power. Sooner than later,

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Speaker 5: the distrust and the rioting and demonstrations in the streets

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Speaker 5: will eventually topple the government it's just a minute of

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Speaker 5: time to the rights.

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Speaker 4: Rushi is still full of.

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Speaker 6: Hope, still two and a half weeks to go in

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Speaker 6: this election. I'm fighting hard for every vote because I

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Speaker 6: believe we can win. Labor are just going to sadden

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Speaker 6: you with more taxes and that's the choice in this election,

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Speaker 6: and that's what I'm fighting very hard for.

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Speaker 4: Although possibly slightly, of course, he did give himself immersed

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Speaker 4: in the debate over songs being played at the Euros.

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Speaker 6: German authorities are concerned about English football fans singing Second

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Speaker 6: World War at songs. Well, what's your message to those

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Speaker 6: fans out in Germany at the moments? See I agree

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Speaker 6: what Gareth Southgate has said about that charn in the past,

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Speaker 6: and what we want is to represent the best of

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Speaker 6: our country and that means more goals from Jude Bellingham

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Speaker 6: and more singing of Heyjude.

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Speaker 4: Our meantime, Nigel is ribbling in his newfound popularity as

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Speaker 4: he launched the Reform menifesto.

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Speaker 7: It's fresh thinking, it's outside the box. It's not what

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Speaker 7: you're going to get for the current Labor and Conservative

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Speaker 7: parties who are virtually indistinguishable. I'm ashamedly radical. No, no,

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Speaker 7: there's no rowing back for me, no apologies for me

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Speaker 7: on this. This would represent a fundamental transformational change.

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Speaker 4: Not so keen on the idea of joining the Conservatives.

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Speaker 7: Though, argument for maybe joining the Tory Good lord, No, no,

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Speaker 7: that's a moronic question to ask.

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Speaker 6: People can see from space that right now you are

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Speaker 6: not ruling out becoming a member of the conceptive pasty.

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Speaker 1: I will not become a member of them.

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Speaker 7: I have no intention of being in the Conservative Party

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Speaker 7: at any point.

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Speaker 1: No intention is just less specific. I'm sorry to be

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Speaker 1: boring about you.

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Speaker 4: Your viewers are interested in this, yes, exactly. Then in

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Speaker 4: New York it is hot, so hot right now.

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Speaker 8: And we expect to hit peak heat on Thursday and Friday,

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Speaker 8: with the heat index possibly reaching ninety nine degrees. With

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Speaker 8: climate chain leading to more frequent and intense heat, summers

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Speaker 8: are different than they were before.

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Speaker 4: Is it disappointing if you got to ninety nine or

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Speaker 4: not one hundred? Don't you wanted to go to one hundred?

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Speaker 4: Also in America. Finally, new research has found that if

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Speaker 4: you had steak and chips a couple of times a week,

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Speaker 4: even if the steak is just the size of you palm,

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Speaker 4: are you risk stress and anxiety increases. They found that

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Speaker 4: the food alters active genes known as feel good neurotransmitters

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Speaker 4: to give you heightened anxiety. Staking chips, you get more anxious?

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Speaker 4: Is it the staf there?

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Speaker 9: Is it?

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Speaker 10: Chips?

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Speaker 4: Is it the source news of the world in ninety six?

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Speaker 4: Just quickly on that knit and Yah who wore cabinet

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Speaker 4: the Yeah, he was under tremendous pressure, by the way,

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Speaker 4: from a bunch of fire Right ministers going hey, if

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Speaker 4: old Benny doesn't want to be in there, we will,

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Speaker 4: let's go crazy. So he couldn't handle that. So he's

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Speaker 4: dissolved that. So he's under tremendous pressure at the moment.

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Speaker 4: Things not going well for him.

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Speaker 1: Twelve past six, goe my costing breakfast.

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Speaker 4: Although he called it the other day and it was

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Speaker 4: a surprise. The official campaign in France kicked off overnights

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Speaker 4: in New Zealand time, so it was a weekend of

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Speaker 4: violent nationwide protest. They're pushing it back against the fire Right,

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Speaker 4: but the Frawright are doing well. This a guy called

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Speaker 4: Jordan Bidella you need to know about which is good

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Speaker 4: because we got Catherine Field on in about half an hour.

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Speaker 4: Six fifteen.

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Speaker 11: From JB.

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Speaker 4: Well, Andrew Keller had good morning, very good money. Mike,

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Speaker 4: those services numbers look dreadful.

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Speaker 12: Oh no, you spoke about this earlier this morning. I'm

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Speaker 12: starting to feel like the sort of obligatory daily profit

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Speaker 12: of doom on this show.

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Speaker 4: Mike solivering the numbers of the numbers.

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Speaker 12: Mate, Well, this is it, you know, I'm delivering another

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Speaker 12: piece of data drawing attention to the song. The thing is, Mike,

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Speaker 12: I'm not trying to find this data. The data finds us.

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Speaker 12: I mean, it's just out there now. So yeah, Friday,

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Speaker 12: we've got the release of Ben said Business New Zealand

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Speaker 12: Performance of Manufacturing Index yesterday, Performance of Services Index just

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Speaker 12: quickly recapping the PMIFL one point six points printed at

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Speaker 12: forty seven point two. That particular gem has been a

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Speaker 12: contractory state or under fifty four to fifteen months. And

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Speaker 12: I do want to point out one other little, little

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Speaker 12: wonderful piece of information. The new order is sub index

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Speaker 12: and Manufacturing at forty four point four. That measure has

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Speaker 12: been in contraction for twenty one months. During the GFC

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Speaker 12: it was only in contraction for fourteen months, so we've

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Speaker 12: gone fifty percent longer than in the GFC Services. Now,

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Speaker 12: the thing is about the services sector for people out there,

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Speaker 12: it is a big part of the economy, you know,

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Speaker 12: probably two thirds of the economy, and it will be

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Speaker 12: nice if it balanced or off set the weaker manufacturing sector,

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Speaker 12: if it was a sort of a chirpee cheery rebuttal

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Speaker 12: but it's not because the pmish, Sorry, the PSI, the

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Speaker 12: Performance of Services index has printed at forty three point zero.

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Speaker 12: That is the lowest level of activity for a non

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Speaker 12: COVID month since the survey began. So that is back

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Speaker 12: in two thousand and seven. It fell three point six

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Speaker 12: points in April, and it's actually worse than it was

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Speaker 12: at the peak of the GFC, so at forty three.

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Speaker 12: The long term average is fifty three point three. And

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Speaker 12: when you drill down into the detail, you actually start

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Speaker 12: to see some very worrying signs because those sub indexes

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Speaker 12: that point to the level of demand, the sort of

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Speaker 12: forward looking type indicators, so activity in sales, new orders

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Speaker 12: and business forty point nine and forty two point six, respectively,

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Speaker 12: they are really weak. And here's the thing. We look

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Speaker 12: very different to the rest of the world at the moment.

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Speaker 12: The JP Morgan Global Manufacturing PMI is at fifty four

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Speaker 12: point one. It's quite different. And you drill down in

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Speaker 12: the regional blocks, you're not seeing services sectors with the

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Speaker 12: sort of miasma of defeat that we are seeing in

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Speaker 12: New Zealand. And this suggests downside risk to your GDP

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Speaker 12: for the second quarter. We get GDP for Q one

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Speaker 12: this week, right, Look, you may get a small positive

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Speaker 12: number MIC, but then the second quarter just looks really weak.

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Speaker 12: So yeah, the data is finding us. We're not trying

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Speaker 12: to find the negative stuff.

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Speaker 4: I think Q one will be negative and I think

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Speaker 4: Q two will be even more negative. I'm afraid to say,

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Speaker 4: give me some good news Infratil, so there are after

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Speaker 4: more money. Presumably they'll get it.

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Speaker 12: Yeah, they will. I think this what they're doing, so

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Speaker 12: this is a positive story. Yeah, Infratil are looking to

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Speaker 12: raise more capital for a good reason because the data

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Speaker 12: center business that they're invested in is booming. So Infrastructure

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Speaker 12: Investor listened on the ins and X they went into

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Speaker 12: trading hot yesterday. They're looking to raise one point one

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Speaker 12: five billion dollars MIC to fund the next stage of growth,

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Speaker 12: a further investment in CDC, where they already have the stake.

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Speaker 12: As I said, look, this is a big capital raise.

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Speaker 12: Mic a billion dollars of it is underwritten, that's a

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Speaker 12: placement and then a retail offer of one hundred and

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Speaker 12: fifty million at ten dollars fifteen a share, so it's

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Speaker 12: just under seven percent discount to the last traded price.

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Speaker 12: Now you may recall that they did another capital raise

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Speaker 12: back in June twenty twenty three. They raised I think

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Speaker 12: it was about eight hundred and fifty million to buy

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Speaker 12: the other half of one New Zealand or the old

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Speaker 12: Vota phone business. I assume this will all be subscribed,

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Speaker 12: that you will see a thirteen and a half percent

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Speaker 12: increase in the number of shares. They will then put

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Speaker 12: six hundred and forty five million into CDC. That's been

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Speaker 12: a fantastic investment for infertil. I think their state now

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Speaker 12: is worth over four billion dollars. CDC are ramping up

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Speaker 12: their developments in New Zealand as well, so they've got

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Speaker 12: data centers here too, as well as in Australia. Huge

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Speaker 12: growth in demand for data center capacity. You've got increased

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Speaker 12: cloud adoption businesses investing into generative of AI data centers. Obviously,

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Speaker 12: the infrastructure that support that. If I look at the

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Speaker 12: inns and xys, they mike it was actually down one

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Speaker 12: point four percent. But what I think was happening there

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Speaker 12: is you got investors sort of selling other shares so

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Speaker 12: they can fund their just of more infantal shares. So

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Speaker 12: while the market reaction was negative yesterday, I think that's

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Speaker 12: actually quite a positive development.

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Speaker 4: Positive story.

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Speaker 12: Now Jones is up just under two hundred points, so

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Speaker 12: there's a positive for you too. That's about half percent.

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Speaker 12: Thirty eight thousand, seven hundred and eighty seven S and

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Speaker 12: P five hundred up just under one percent five four

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Speaker 12: eight three, and the Nasdak up one point one seven

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Speaker 12: percent as we look at it, So that's all looking

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Speaker 12: pretty good. Seventeen thousand, eight hundred ninety six on the Nasdick,

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Speaker 12: the fort two one hundred lost five points eight one

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Speaker 12: four to two. The Niket was down just under two

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Speaker 12: percent actually, so big four there yesterday three eight one

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Speaker 12: oh two, Shangha composite three oh one five, the OSSI's

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Speaker 12: down twenty four seven seven OO, and the internets fifty lost.

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Speaker 12: As has said, one point four percent of Stay closing

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Speaker 12: in eleven thousand, six hundred and ninety eight on the

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Speaker 12: currencies one Keywi dollar will get your point six one

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Speaker 12: three to two us on the wholesale markets point nine

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Speaker 12: two six eight Ossie point five seven one four eurozo

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Speaker 12: point four eight two five pounds ninety six point seven too.

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Speaker 12: Japanese yen gold is trading at twenty three hundred and

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Speaker 12: seventeen dollars and brink crude eighty three dollars and ninety

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Speaker 12: eight cent.

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Speaker 4: Make catchup tomorrow, Andrew kellerherjmiwealth dot co dot m z

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Speaker 4: cosky China, please come in China. Retail sales beat expectations.

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Speaker 4: They thought an increase of three percent, They got three

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Speaker 4: point seven. Industrial output up five point six percent, fixed

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Speaker 4: asset investment up four percent. Those were amiss, but nevertheless

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Speaker 4: some growth is still there, and we're interested in China

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Speaker 4: for well obvious reason. Six twenty one. Here in new stalk,

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Speaker 4: z'd be.

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Speaker 3: The Mike Hosking breakfast.

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Speaker 4: Mike ACC and tourists who come here are well covered

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Speaker 4: by our system, having contributed ZIP. That's the that's the

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Speaker 4: age old argument. It's a weird thing. The Americans must

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Speaker 4: look at us and think we're crazy. ACC could stop

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Speaker 4: fully funding some activities which are crack quackery. Think you kent, Mike.

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Speaker 4: Getting you onto ACC gets you out of a very

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Speaker 4: broken health system. It's why your medico is keen to

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Speaker 4: get you there so you don't have a dozen more

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Speaker 4: birthdays before you get treated. Funny enough, when I was

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Speaker 4: still paying for it, before we got the paperwork and

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Speaker 4: all that sort of stuff. And this goes back to

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Speaker 4: my overarching theme. All the people I know of late,

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Speaker 4: and there've been a few of them in some sort

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Speaker 4: of touch with the health system in this country, have

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Speaker 4: nothing but praise for it. This whole concept that the

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Speaker 4: thing is bugged, and I'm sure in parts it is.

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Speaker 4: I'm sure if you go to A and E on

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Speaker 4: a Friday night or a Saturday night, yep, you're going

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Speaker 4: to see it. But in terms of going to a

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Speaker 4: doctor to get a referral, to get a scan, to

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Speaker 4: get an X ray, to get to a specialist, all

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Speaker 4: I can tell you is things appear to work. Now

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Speaker 4: you'll go no, they don't, and then undate me.

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Speaker 13: Mike.

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Speaker 4: The only anxiety I feel around eating steak and chips

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Speaker 4: is the cost of the meat.

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Speaker 2: Paul.

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Speaker 4: You realize the meat's gone down, and that's the other story.

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Speaker 4: You're not hearing. Of course at the moment is the

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Speaker 4: numbers came out late last week. Food inflation's gone through

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Speaker 4: the floor. Vegetables and fruit because of the season are

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Speaker 4: absolutely collapsed in price. Steak meat has gone down in

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Speaker 4: price in the last year. And you're going, no, it hasn't. Yes,

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Speaker 4: it has, and that's official.

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Speaker 1: Sex twenty five trending now a square house, the.

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Speaker 4: Skink Seinfeld's going viral. It all kicked off a pro

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Speaker 4: Palestinian hickler turned up at a Sydney show Sunday night.

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Speaker 4: They stood up and started yelling out from the river

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Speaker 4: to the sea, Pearlstine will leave him.

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Speaker 14: We have a genius, ladieship, gentlemen, He's solved the Middle East.

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Speaker 12: It's the jewest to me is that's who.

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Speaker 14: We have to go.

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Speaker 1: There, the one's doing every day.

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Speaker 14: They're gonna start punching you in about three seconds, so

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Speaker 14: I would try and get all of your genius out

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Speaker 14: so we can all.

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Speaker 15: Learn from you. It's a part of cell you w yes,

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Speaker 15: So they're really influencing everything here. We're all we're all

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Speaker 15: on your sign now because you have made your points.

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Speaker 14: So well, you have to go ty thousands files from

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Speaker 14: the problem and screw up a comedian. That is how

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Speaker 14: you sove world issue.

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Speaker 4: Got tickets to the show next week. Not that I'm going,

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Speaker 4: of course, because I find myself getting out of bed

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Speaker 4: for reasons best known to myself at two in the morning.

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Speaker 4: But others in the house will be going and very

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Speaker 4: much looking forward to Jerry Seinfeld. Interesting person wrote to

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Speaker 4: us the other day and said, what's your feeling on

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Speaker 4: going to Jerry Seinfeld? Will you be boycotting? And they

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Speaker 4: had bought tickets, but things had unfolded at US universities

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Speaker 4: and so they felt now conflicted and they weren't sure

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Speaker 4: whether they would go or not. Some people so weird.

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Speaker 3: You're trusted home for News Fort Entertainment's Opinion and Mike

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Speaker 3: the Mike Hosking Breakfast with Avida Live The Age You

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Speaker 3: Feel News Talks eDV.

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Speaker 4: You should know the name Bardella, Jordan Bardella. He's twenty

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Speaker 4: eight years old. Why is it significant? Because of the

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Speaker 4: RN do well in France, and they are doing well

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Speaker 4: in France, and they tip Macron in a way that

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Speaker 4: he can't handle, which they look like they will. If

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Speaker 4: you're following the Bardella is going to be the Prime

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Speaker 4: Minister Macron will have no other option but to offer

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Speaker 4: him the job of prime minister. He's twenty eight years old,

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Speaker 4: he's the president of the party La Penn's party. Unemployed bloke.

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Speaker 4: Extraordinary story. I'll read it in the BBC if you

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Speaker 4: want a very good background profile of who he is.

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Speaker 4: What they don't know is what he thinks, where he

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Speaker 4: stands ideologically, what kind of person he is. These are

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Speaker 4: all unknowns. But he was a jobless school Leaber, Northern

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Speaker 4: Paris suburbs La Penn protege president of the party stand

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Speaker 4: by could well be the Prime minister of France. How's

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Speaker 4: that for a story. She's with us Catherine Field shortly

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Speaker 4: twenty three minutes away from seven right back to the

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Speaker 4: economic situation in which we faced currently in this country.

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Speaker 4: New forecast for our economy as we wait for the

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Speaker 4: Q one figure on Thursday. Of course, NZIAR have revised

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Speaker 4: their annual GDP stats for the year's ending March twenty

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Speaker 4: four and March twenty five. They're down to zero point

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Speaker 4: two percent and zero point six percent, respectively. Deputy Chief

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Speaker 4: Executive from the NZI, Christina Jung is with us. Christina,

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Speaker 4: very good morning to you. What what have you gotten

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Speaker 4: Q one by the way, for Thursday, you're going backwards

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Speaker 4: or forwards.

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Speaker 11: So we are actually forecasting a flat result for the

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Speaker 11: March quarter of this year. Now, that reflects actively indicators,

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Speaker 11: which suggests weakness in construction and pre professional services. Overall,

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Speaker 11: we wouldn't be surprised if already either a small negative

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Speaker 11: or a positive, and that's generally a weak result for

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Speaker 11: the needs and economy.

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Speaker 4: Okay, so I Q ones flat than Q two will

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Speaker 4: be flat air, won't it?

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Speaker 11: Overall? In terms of the outlook ahead, we're expecting weeks

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Speaker 11: growth for the coming year.

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Speaker 6: Now.

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Speaker 11: That reflects combination of factors, the fact that we've got

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Speaker 11: high interest rates. The impact of that is becoming more

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Speaker 11: apparent in terms of dampening demand. Now, it's important to

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Speaker 11: remember that that's intended by the Reserve Bank when it

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Speaker 11: first increased the ocr back in October twenty twenty one.

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Speaker 11: It needed to reduce demand in order to take the

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Speaker 11: heat out of the news and economy so that it

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Speaker 11: can bring annual inflation back towards its one to three

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Speaker 11: percent inflation target band. But on top of that, what

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Speaker 11: we're also seeing is that heightened uncertainty regard the new

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Speaker 11: government's priorities when it comes to spending and also cut

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Speaker 11: back from the public sector. So what we're seeing is

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Speaker 11: that households and businesses are becoming much more cautious when

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Speaker 11: it comes to spending and investments.

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Speaker 4: That is true when you go out to March twenty

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Speaker 4: five and you found zero point six percent. Where is

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Speaker 4: the growth? Where's it coming at? Is it Q three

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Speaker 4: Q four?

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Speaker 10: So yes.

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Speaker 11: So firstly, the latest ended AAR consensus is actually captures

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Speaker 11: the forecast of eight organizations which produce forecasts for the

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Speaker 11: New Zone economy that set the outlook. The average of

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Speaker 11: those forecasts are broadly in line with where we have

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Speaker 11: expectations for the news and economy. In terms of where

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Speaker 11: this growth is coming from, we are seeing strong migration

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Speaker 11: leap population growth, so on an aggregate level, it is

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Speaker 11: still expected to support demand across a range of areas,

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Speaker 11: particularly when it comes to construction. Certainly when we look

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Speaker 11: at the new to outlook for construction, if we look

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Speaker 11: at things like duelling, consent issuance and the ended al

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Speaker 11: core lesser business opinion architects measure of our pipeline when

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Speaker 11: it comes to construction actively across residential, commercial, and government work.

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Speaker 11: That still looks pretty weak for the coming year, but

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Speaker 11: we do expect that beyond the coming year, from next

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Speaker 11: year onwards, that aggregate growth that will start to pick

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Speaker 11: up given the strong migration that population.

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Speaker 4: So you're broadly of that argument hang on in twenty

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Speaker 4: four and something arrives a bit better in twenty five.

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Speaker 11: Broadly, yes, that is our expectation and also appears the

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Speaker 11: expectation of our ended a consensus panel off eight organizations,

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Speaker 11: and that reflects also the expectations that from next year

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Speaker 11: we will start to get interest rate decreases. Now, as

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Speaker 11: I was saying, we are what we're seeing at the

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Speaker 11: moment partly is a result of high interest rates stampening

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Speaker 11: demand so that inflation can reduce back to its one

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Speaker 11: to three percent inflation target ban. But once that happens

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Speaker 11: and the Reserve Bank is confident enough that the inflation

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Speaker 11: is anchored back towards the inflation target band, we will

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Speaker 11: start to see interst rate cuts and that will should

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Speaker 11: start to support demand across a range of sectors over

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Speaker 11: the coming years.

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Speaker 4: I hope you are right, Christina Christina Leung, who's the

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Speaker 4: Deputy Chief executive at the end Z I might it's

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Speaker 4: a relief to hear our bat has got the seventy

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Speaker 4: nine runs required to defeat papour new guinea. I know,

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Speaker 4: I was just looking at that this morning point. Why

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Speaker 4: are we wasting our time with us? By the way,

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Speaker 4: a lot of you started already being exercised about Jacinda

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Speaker 4: Adern and her new progress. Her new Progressive Fellowship will

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Speaker 4: feature that shortly nineteen away from seven.

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Speaker 1: The Mike Costing Breakfast.

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Speaker 4: Interesting day to day if you followed the Toyota scandal internationally,

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Speaker 4: mainly in Japan. Of course, it wasn't just Toyota, but

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Speaker 4: Masda has been involved in it as well, and it's

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Speaker 4: to do with reporters Honda, Masda and Suzuki in fact,

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Speaker 4: but the chairman of Toyota. Toyota is facing potentially getting rolled.

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Speaker 4: They've suspended production of three models. It was to do

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Speaker 4: with certification fraudulent certification tests and the institutional Shareholder Services,

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Speaker 4: which is majority owned by the German capital market company

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Speaker 4: Deutsche balls Group. They advised at Vistas what to do.

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Speaker 4: There's a proxy report that Toyota should be considered ultimately accountable.

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Speaker 4: In other words, it's his fault. Buck stops at the

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Speaker 4: top and he should be rolled. A lot of the

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Speaker 4: shareholders of Toyota and Japan, of course, are Japanese companies,

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Speaker 4: Japanese banks, financial institutions. They're unlikely to roll one of

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Speaker 4: their own. But that vote is happening today. Six asking right,

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Speaker 4: I let us go to Catherine Field, who is in France.

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Speaker 4: Very good morning to you. Where's Catherine gone?

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Speaker 1: I'm just here there?

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Speaker 4: You you just here? You seem so close as well.

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Speaker 4: So the formal campaign, now, you had some riots and

438
00:20:36,520 --> 00:20:38,800
Speaker 4: protests and stuff over the weekend. How ugly were they?

439
00:20:40,040 --> 00:20:42,760
Speaker 9: Not that ugly? I mean, we've seen some really ugly

440
00:20:42,800 --> 00:20:44,760
Speaker 9: ones over the years, and we might remember with the

441
00:20:45,200 --> 00:20:50,720
Speaker 9: yellow vest movement, but it wasn't too bad, very small disturbances.

442
00:20:51,359 --> 00:20:55,399
Speaker 9: I think the police eventually said there are around quarter

443
00:20:55,440 --> 00:20:57,520
Speaker 9: of a million people went out onto the streets. So

444
00:20:58,200 --> 00:20:59,920
Speaker 9: I think we'll see a lot more than that as

445
00:21:00,040 --> 00:21:01,920
Speaker 9: we get closer to the actual election day.

446
00:21:02,160 --> 00:21:04,399
Speaker 4: Okay, So I'm reading about this badilla guy twenty eight

447
00:21:04,480 --> 00:21:06,520
Speaker 4: years old. I mean, depending on your taste, of course,

448
00:21:06,520 --> 00:21:08,320
Speaker 4: some say he's good looking, but he's very depper and

449
00:21:08,320 --> 00:21:10,760
Speaker 4: all of that sort of stuff. Who is he in

450
00:21:10,760 --> 00:21:15,720
Speaker 4: what chance he gets to be pigmh.

451
00:21:14,080 --> 00:21:17,040
Speaker 9: Okay, Yeah, he's twenty eight years old. He's one of

452
00:21:17,080 --> 00:21:21,399
Speaker 9: the biggest, biggest names on French TikTok at the moment

453
00:21:22,240 --> 00:21:26,680
Speaker 9: he was elected to the European Parliament aged just twenty three.

454
00:21:27,119 --> 00:21:29,600
Speaker 9: We don't actually know that much about it because he's

455
00:21:29,640 --> 00:21:32,280
Speaker 9: never been tested in the reality of government. What we

456
00:21:32,359 --> 00:21:34,800
Speaker 9: do know is he grew up on a housing state

457
00:21:34,920 --> 00:21:38,400
Speaker 9: in the north of Paris. He remembers very clearly those

458
00:21:38,440 --> 00:21:41,240
Speaker 9: two thousand and five riots that we had here that

459
00:21:41,359 --> 00:21:46,840
Speaker 9: he said really focused his mind. The son of Italian immigrants,

460
00:21:46,920 --> 00:21:49,320
Speaker 9: he joined the National Front as it was when he

461
00:21:49,400 --> 00:21:53,360
Speaker 9: was aged sixteen. But I think we can absolutely honestly

462
00:21:53,400 --> 00:21:56,520
Speaker 9: say Mike that he's a bit of a blank canvas.

463
00:21:56,720 --> 00:22:00,720
Speaker 9: He seems to make the same speeches as Mahine La

464
00:22:00,800 --> 00:22:03,880
Speaker 9: Penn and her father before that. May the themes are

465
00:22:03,880 --> 00:22:08,840
Speaker 9: all immigration, identity, Islam, but where we sing a difference

466
00:22:08,880 --> 00:22:12,920
Speaker 9: with him is his tone and his style. He's very poised,

467
00:22:13,040 --> 00:22:16,640
Speaker 9: he speaks clearly, and he's been one of those blocks

468
00:22:16,720 --> 00:22:20,440
Speaker 9: that have softened the party image while he's been in

469
00:22:20,480 --> 00:22:23,399
Speaker 9: the European Parliament. He's been very disciplined. He's been on

470
00:22:23,520 --> 00:22:27,840
Speaker 9: message so far, but as I said, really doesn't know

471
00:22:27,920 --> 00:22:33,000
Speaker 9: about governing, has never really governed, and everyone is saying

472
00:22:33,040 --> 00:22:36,120
Speaker 9: he might, but it's actually Marine La Penn who's behind him.

473
00:22:36,320 --> 00:22:39,320
Speaker 9: She's guiding him, she's mentored him, and of course he

474
00:22:39,359 --> 00:22:41,439
Speaker 9: did used to be in a relationship with Marine La

475
00:22:41,480 --> 00:22:45,480
Speaker 9: Penn's niece. So we're seeing all these family ties and

476
00:22:45,520 --> 00:22:49,160
Speaker 9: everything come together and actually seeing who has been mentoring

477
00:22:49,200 --> 00:22:51,040
Speaker 9: him to look more respectable.

478
00:22:51,160 --> 00:22:53,880
Speaker 4: Okay, speaking of governing, does Vandalaan survive, By the.

479
00:22:53,800 --> 00:22:57,560
Speaker 9: Way, it looks as though she does survive. Mike, Yeah,

480
00:22:57,680 --> 00:23:00,640
Speaker 9: summit is happening as I speak, and Brussels all deciding

481
00:23:00,680 --> 00:23:04,280
Speaker 9: who's going to get what does look like Vanderlin will

482
00:23:04,320 --> 00:23:07,600
Speaker 9: get the Commission presidency, that strong voice right at the

483
00:23:07,600 --> 00:23:10,720
Speaker 9: center of the European Union. There was a lot of talk,

484
00:23:10,800 --> 00:23:13,960
Speaker 9: of course, that Mario Draghi, the former Italian Prime minister,

485
00:23:14,040 --> 00:23:17,120
Speaker 9: the head of the European Central Bank, might get the job,

486
00:23:17,400 --> 00:23:20,080
Speaker 9: but the fact that he's kind of not really talked

487
00:23:20,080 --> 00:23:23,359
Speaker 9: about anymore is perhaps an indication of just how weak

488
00:23:23,480 --> 00:23:27,240
Speaker 9: French President Emanuel macarl is in the corridors of power

489
00:23:27,280 --> 00:23:29,720
Speaker 9: in the U at the moment. Further down the list,

490
00:23:29,720 --> 00:23:32,199
Speaker 9: we love President to the European Council looks as it

491
00:23:32,200 --> 00:23:35,760
Speaker 9: will go to a Portuguese former Portuguese Prime minister, and

492
00:23:35,800 --> 00:23:38,800
Speaker 9: the top diplomat, the foreign policy chief will probably go

493
00:23:38,840 --> 00:23:41,879
Speaker 9: to the current Estonian Prime Minister. So a lot of

494
00:23:42,560 --> 00:23:44,879
Speaker 9: views about whether or not now as the time to

495
00:23:44,920 --> 00:23:46,840
Speaker 9: have some of those new EU members, and I think

496
00:23:46,920 --> 00:23:49,760
Speaker 9: that's why they're looking at the Estonian Prime Minister to

497
00:23:49,800 --> 00:23:50,480
Speaker 9: fill that post.

498
00:23:50,600 --> 00:23:53,080
Speaker 4: They are the most fascinating of times. Catherine ketchup next Tuesday,

499
00:23:53,080 --> 00:23:55,920
Speaker 4: appreciated as always Catherine Field in France at twelve to.

500
00:23:55,920 --> 00:24:01,639
Speaker 2: Seven International Correspondence with Insigneye Insurance submied for New Zealand business.

501
00:24:01,720 --> 00:24:03,560
Speaker 4: Either way, you might have heard about the legendary British

502
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Speaker 4: brand Jaguar embracing an all new electric future. So famous

503
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Speaker 4: of course for its providence in British creativity and performance

504
00:24:09,280 --> 00:24:12,520
Speaker 4: and design since nineteen thirty five, jag and now on

505
00:24:12,560 --> 00:24:15,400
Speaker 4: a path to inspire leich No, are the radically reimagined

506
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507
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Speaker 4: to internal combustion engines. So with this in mind, if

508
00:24:21,119 --> 00:24:22,480
Speaker 4: they got a deal for you, if you'd like to

509
00:24:22,480 --> 00:24:24,639
Speaker 4: get your hands on one of the very last Jaguars

510
00:24:24,640 --> 00:24:28,120
Speaker 4: of this particular breed, the Broom Broom breed. You can

511
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Speaker 4: meet to see a Jaguar retailer so you can own

512
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Speaker 4: a piece of history.

513
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514
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Speaker 4: Fixed interest rate of zero percent parandom up to twenty

515
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Speaker 4: four months initial depositive a third of the price. Follow

516
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Speaker 4: it up with two more equal payments on the first

517
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Speaker 4: and second anniversaries of your loan. The exclusive deal valid

518
00:24:41,680 --> 00:24:43,159
Speaker 4: only until the end of the month. I'm looking at

519
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Speaker 4: my watch, it's the eighteenth, so the thirtieth or while

520
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Speaker 4: until stocks last. And of course, all vehicles purchased from

521
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Speaker 4: a Jaguar retailer will be maintained through the retailer networks

522
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Speaker 4: superior servicing and customer support network and they look after

523
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524
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Speaker 4: Contact your nearest retailer for more information.

525
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Speaker 1: On my costal breakfast with Arvida News Talk Seppy.

526
00:25:06,440 --> 00:25:08,080
Speaker 4: I'm having a look how this morning at the New

527
00:25:08,119 --> 00:25:13,520
Speaker 4: Zealander's Perceptions of Asia and Asian People's Report. It's now

528
00:25:13,520 --> 00:25:16,159
Speaker 4: in its twenty seventh year. There are twenty three hundred

529
00:25:16,200 --> 00:25:19,840
Speaker 4: respondents and the biggest threat and this shows you how

530
00:25:19,840 --> 00:25:22,040
Speaker 4: we're not awake to what's going on in the world.

531
00:25:22,480 --> 00:25:30,120
Speaker 4: The biggest threat we perceive to this country is North Korea.

532
00:25:30,240 --> 00:25:34,040
Speaker 4: Can I just reassure you this morning. North Korea is

533
00:25:34,119 --> 00:25:38,760
Speaker 4: capable of doing nothing zero. They can't figure their people.

534
00:25:39,080 --> 00:25:41,720
Speaker 4: They've got a big, fat guy who's mental running the place,

535
00:25:41,800 --> 00:25:44,439
Speaker 4: who says a whole lot of loud stuff that comes

536
00:25:44,480 --> 00:25:47,520
Speaker 4: to nothing. They fire the odd rocket over the Sea

537
00:25:47,560 --> 00:25:49,960
Speaker 4: of Japan. People get a little bit exercised every now

538
00:25:50,000 --> 00:25:52,520
Speaker 4: and again. When he's been barking too loud. The Security

539
00:25:52,520 --> 00:25:54,840
Speaker 4: Council have a bit of a meeting and they throw

540
00:25:54,880 --> 00:25:58,359
Speaker 4: out a sanctional two. Putin's going to visit him because

541
00:25:58,359 --> 00:26:01,520
Speaker 4: North Korea wants food and Putin some labor. So North

542
00:26:01,600 --> 00:26:06,440
Speaker 4: Korea is not our biggest threat, then we perceive Russia

543
00:26:06,600 --> 00:26:09,040
Speaker 4: to be our second biggest threat. Can I also reassure

544
00:26:09,080 --> 00:26:12,040
Speaker 4: you Russia is no threat to this particular part of

545
00:26:12,040 --> 00:26:14,240
Speaker 4: the world, mainly because you might have seen what they're

546
00:26:14,240 --> 00:26:16,600
Speaker 4: doing in the Ukraine at the moment, which isn't overly successful.

547
00:26:16,600 --> 00:26:19,040
Speaker 4: Has been going on for several years, and they're not

548
00:26:19,080 --> 00:26:22,000
Speaker 4: getting that far far less. Looking right down to the

549
00:26:22,040 --> 00:26:24,199
Speaker 4: bottom of the world and going hmm. I think we

550
00:26:24,359 --> 00:26:27,800
Speaker 4: all get the polue there. It's not happening, so once again,

551
00:26:27,840 --> 00:26:32,600
Speaker 4: not a threat. Third China, correct, should be one the

552
00:26:32,800 --> 00:26:36,840
Speaker 4: your problem. Are they expansionary yes? Are they moving into

553
00:26:36,840 --> 00:26:39,399
Speaker 4: our part of the world? Yes? Do they do it

554
00:26:39,480 --> 00:26:42,399
Speaker 4: in militaristic ways no, not necessarily. Do they do it

555
00:26:42,400 --> 00:26:46,000
Speaker 4: with money and influence, yes they do. They my friends

556
00:26:46,280 --> 00:26:48,920
Speaker 4: are your number one threat, followed then by Pakistan, Me

557
00:26:49,000 --> 00:26:52,200
Speaker 4: and mar if you think me and Mars if you're

558
00:26:52,560 --> 00:26:55,399
Speaker 4: come on, Me and Mara is not a threat to

559
00:26:55,440 --> 00:26:58,879
Speaker 4: New Zealand, followed by the US. It's just that's just

560
00:26:58,920 --> 00:27:02,399
Speaker 4: anti Biden sentiment. I'm sure France we have there in

561
00:27:02,440 --> 00:27:04,639
Speaker 4: the list, but we are down at one or two percent.

562
00:27:04,680 --> 00:27:06,840
Speaker 4: There is one percent of New Zealanders who think Australia

563
00:27:06,920 --> 00:27:09,639
Speaker 4: is the threat. Only on the sports field five minutes

564
00:27:09,680 --> 00:27:11,200
Speaker 4: away from seven.

565
00:27:11,800 --> 00:27:15,119
Speaker 3: Bill the Ins and the Outs, it's the fizz on

566
00:27:15,200 --> 00:27:18,080
Speaker 3: the Mike Husking breakfast on News Talk, said b we.

567
00:27:18,040 --> 00:27:20,040
Speaker 4: Had old time at the movie studios counseling to work

568
00:27:20,080 --> 00:27:21,879
Speaker 4: out what's a hit and what is an animated film

569
00:27:21,880 --> 00:27:24,359
Speaker 4: inside out that's had a big weekend, big big weekend

570
00:27:24,400 --> 00:27:27,159
Speaker 4: turn and fifty two million globally over this weekend, expected

571
00:27:27,160 --> 00:27:30,080
Speaker 4: to bring in eventually about four eighty That's the second

572
00:27:30,119 --> 00:27:33,480
Speaker 4: highest domestic opening of any animated film for Disney and Pixar,

573
00:27:33,600 --> 00:27:36,879
Speaker 4: first film since Barbie to even go past one hundred million.

574
00:27:37,200 --> 00:27:40,159
Speaker 4: That's despite there being some big star power movies that

575
00:27:40,240 --> 00:27:42,960
Speaker 4: really haven't hit the four Guy, Ryan Gosling, Emily Blunt

576
00:27:43,280 --> 00:27:47,760
Speaker 4: tooking forty five million. Dog Furiosa. I don't think they

577
00:27:47,800 --> 00:27:52,160
Speaker 4: pronounce it with quite that flourish furiosa. It's just furiosa

578
00:27:52,440 --> 00:27:55,359
Speaker 4: with Chris Hemsworth and Anya Taylor Joy. She was on

579
00:27:55,400 --> 00:27:58,399
Speaker 4: the grid at Monaco. She didn't come across very well anyway.

580
00:27:58,480 --> 00:28:01,919
Speaker 4: That took a ninety six million. Industry suffered fewer movies

581
00:28:01,960 --> 00:28:04,359
Speaker 4: strikes COVID. You know the story. Don't need to repeat that.

582
00:28:04,600 --> 00:28:07,080
Speaker 4: Twenty six percent drop and ticket sales compared with last year,

583
00:28:07,119 --> 00:28:10,439
Speaker 4: forty two percent drop compared with nineteen. The American summer

584
00:28:10,480 --> 00:28:12,800
Speaker 4: for blockbusters that's also expected, I've told you this before,

585
00:28:12,880 --> 00:28:15,120
Speaker 4: expected to be down. The summer started at a couple

586
00:28:15,160 --> 00:28:17,360
Speaker 4: of weeks ago, expected to be down one point three

587
00:28:17,400 --> 00:28:20,680
Speaker 4: billion compared to last year. So the thing is, here's

588
00:28:20,720 --> 00:28:22,800
Speaker 4: my take on it. They're not making movies the way

589
00:28:22,800 --> 00:28:25,960
Speaker 4: they used to. The only movies that draw people to

590
00:28:26,040 --> 00:28:29,840
Speaker 4: the movies are superhero movies, and that's because it's a

591
00:28:29,840 --> 00:28:32,879
Speaker 4: big screen experience. If you're going to watch something that

592
00:28:32,920 --> 00:28:35,680
Speaker 4: could be watched on a screen at home, you will

593
00:28:35,920 --> 00:28:37,400
Speaker 4: You're not going to go to the movies because it's

594
00:28:37,400 --> 00:28:40,400
Speaker 4: full of other people. People don't like people anymore. People

595
00:28:40,480 --> 00:28:43,960
Speaker 4: don't like crunching, they don't like slooping, they don't like

596
00:28:44,160 --> 00:28:47,240
Speaker 4: beep beep, turn your phone off, and they don't like

597
00:28:47,280 --> 00:28:49,480
Speaker 4: people talking during the movies. Therefore, people don't go to

598
00:28:49,520 --> 00:28:51,240
Speaker 4: the movies anymore. That what they do is they stay

599
00:28:51,280 --> 00:28:53,560
Speaker 4: at home. And that's my take on where the movies

600
00:28:53,560 --> 00:28:56,360
Speaker 4: are at now. I'm very interested in this business of

601
00:28:56,400 --> 00:29:00,080
Speaker 4: building sixty square meter things without resource consent because I

602
00:29:00,120 --> 00:29:04,120
Speaker 4: built two things with resource consent of late and they

603
00:29:04,360 --> 00:29:07,160
Speaker 4: were well, they're beautiful as far as things getting built concern,

604
00:29:07,200 --> 00:29:08,920
Speaker 4: but the resource consent was a pain in the bum.

605
00:29:09,240 --> 00:29:11,480
Speaker 4: So if I can build another thing with no resource consent,

606
00:29:11,560 --> 00:29:13,360
Speaker 4: I'm in like a robber's dog. So we'll need to

607
00:29:13,400 --> 00:29:17,240
Speaker 4: talk about that. Winston Peter's on transgender sport. Nikola Willis

608
00:29:17,560 --> 00:29:19,160
Speaker 4: is playing the prime Minister for us.

609
00:29:20,360 --> 00:29:24,480
Speaker 3: The newsmakers and the personalities the big names talk to,

610
00:29:24,840 --> 00:29:27,000
Speaker 3: like my costume breakfast with.

611
00:29:27,240 --> 00:29:30,000
Speaker 1: Jaguar, the Art of Performance news tog said, be.

612
00:29:30,320 --> 00:29:32,240
Speaker 4: Seven past seven change coming to once you can build

613
00:29:32,280 --> 00:29:34,080
Speaker 4: without the myriad of red tape that goes with it.

614
00:29:34,120 --> 00:29:36,360
Speaker 4: The need for resource consent for a structure up to

615
00:29:36,400 --> 00:29:39,440
Speaker 4: sixty squares is going. The chairperson that Combined Building Supplies

616
00:29:39,480 --> 00:29:41,600
Speaker 4: co Op Carl Taylor's with us on this, Carl Morning,

617
00:29:42,400 --> 00:29:44,720
Speaker 4: good a, I broadly speaking, good idea or not?

618
00:29:45,840 --> 00:29:46,000
Speaker 16: Oh?

619
00:29:46,160 --> 00:29:49,080
Speaker 17: Like, I think anything that's going to create some more

620
00:29:49,120 --> 00:29:51,120
Speaker 17: affordable housing for people living, it's got to be a

621
00:29:51,160 --> 00:29:51,640
Speaker 17: good thing.

622
00:29:51,600 --> 00:29:54,320
Speaker 4: Right, I reckon what about the engineer's report. I couldn't

623
00:29:54,320 --> 00:29:56,240
Speaker 4: work it out whether you still need an engineer's report

624
00:29:56,320 --> 00:29:58,000
Speaker 4: or not. I'm getting mixed messages. Do you have a

625
00:29:58,120 --> 00:29:59,080
Speaker 4: clarity on that or not?

626
00:30:00,080 --> 00:30:02,080
Speaker 17: Yeah, I'm getting mixed messaging on that too. From my

627
00:30:02,160 --> 00:30:05,280
Speaker 17: understanding is that these little granny flats are still going

628
00:30:05,320 --> 00:30:06,040
Speaker 17: to have to meet.

629
00:30:05,840 --> 00:30:06,560
Speaker 18: The building code.

630
00:30:06,640 --> 00:30:08,840
Speaker 17: So you know, assuming that that's the case, and I

631
00:30:08,880 --> 00:30:10,760
Speaker 17: don't think we've got too much to be concerned about

632
00:30:10,760 --> 00:30:11,000
Speaker 17: in that.

633
00:30:10,960 --> 00:30:14,080
Speaker 4: Case, what's the point of resource consent? Having built a

634
00:30:14,080 --> 00:30:15,920
Speaker 4: couple of things in the last couple of years. I

635
00:30:15,960 --> 00:30:17,760
Speaker 4: cannot for the life of me, apart from the council

636
00:30:17,800 --> 00:30:21,080
Speaker 4: somewhere having some paperwork, I can't work on what it's for.

637
00:30:22,360 --> 00:30:25,400
Speaker 17: Mostly red tape. I mean, obviously it's there to restrict

638
00:30:25,480 --> 00:30:28,040
Speaker 17: what you can and can't do. But you know, it'd

639
00:30:28,040 --> 00:30:29,760
Speaker 17: be great to cut some of that red tape, which

640
00:30:29,800 --> 00:30:32,040
Speaker 17: is a resource which the resource concinas a run out

641
00:30:32,080 --> 00:30:32,640
Speaker 17: for What.

642
00:30:32,640 --> 00:30:35,680
Speaker 4: About infrastructure, so pipes, I mean, councils need to stay

643
00:30:35,680 --> 00:30:37,720
Speaker 4: on top of how many structures are. If everyone goes

644
00:30:37,760 --> 00:30:39,600
Speaker 4: and builds a granny flat, that's a lot of pipes,

645
00:30:39,800 --> 00:30:40,160
Speaker 4: isn't it.

646
00:30:41,440 --> 00:30:44,480
Speaker 17: Yeah, that possibly could be an issue. Looked down in

647
00:30:44,520 --> 00:30:47,680
Speaker 17: christ Church with rebuilt some of their infrastructure, so it

648
00:30:47,760 --> 00:30:49,800
Speaker 17: might be okay, but at the end of the day,

649
00:30:50,000 --> 00:30:53,000
Speaker 17: you're probably talking an extra toll and extra shower. I

650
00:30:53,040 --> 00:30:55,920
Speaker 17: don't think everybody's going to be building these. But like

651
00:30:55,960 --> 00:30:58,080
Speaker 17: I say, Mike, is anything that's going to create some

652
00:30:58,080 --> 00:31:00,880
Speaker 17: more affordable housing. At least the government are doing what

653
00:31:00,960 --> 00:31:03,040
Speaker 17: they are They told us that we're going to do,

654
00:31:03,080 --> 00:31:04,280
Speaker 17: so we're pretty happy with it.

655
00:31:04,320 --> 00:31:06,920
Speaker 4: And does it take cost out I mean literally yes,

656
00:31:07,000 --> 00:31:09,000
Speaker 4: but much in the grand scheme of things.

657
00:31:10,760 --> 00:31:14,760
Speaker 17: It doesn't change anything in terms of labor or materials,

658
00:31:14,320 --> 00:31:17,520
Speaker 17: but it means that instead of having to go and build,

659
00:31:17,720 --> 00:31:20,320
Speaker 17: you know, turn of square meters in a new subdivision,

660
00:31:21,120 --> 00:31:24,240
Speaker 17: we're an early person that might only require one regiment

661
00:31:24,280 --> 00:31:26,840
Speaker 17: a lounge. It sort of cuts costs in that regard you.

662
00:31:27,200 --> 00:31:29,040
Speaker 4: And so part of what they were saying yesterday was

663
00:31:29,080 --> 00:31:31,360
Speaker 4: there's demand for this. They've done it for thirty square meters.

664
00:31:31,400 --> 00:31:33,560
Speaker 4: People went off on it, so it's sixty square meters.

665
00:31:33,560 --> 00:31:36,160
Speaker 4: They say there are people who want to do this.

666
00:31:36,400 --> 00:31:37,280
Speaker 4: Is that true?

667
00:31:37,880 --> 00:31:40,160
Speaker 17: Well, there's people that can't afford housing full stop, so

668
00:31:40,600 --> 00:31:42,640
Speaker 17: you know that this is a way to make that

669
00:31:42,680 --> 00:31:44,840
Speaker 17: easier for them. So, yeah, there is a demand for it,

670
00:31:45,000 --> 00:31:45,920
Speaker 17: and I believe it will work.

671
00:31:46,280 --> 00:31:48,160
Speaker 4: Good stuff, Calp, nice to talk to you, appreciate it.

672
00:31:48,200 --> 00:31:50,320
Speaker 4: This consultation going on middle of next year. The past

673
00:31:50,320 --> 00:31:53,520
Speaker 4: the law allegedly Carl Tailor, chairperson of the Combined Building

674
00:31:53,600 --> 00:31:56,800
Speaker 4: Supplies co Op, nine minutes past seven paskar, Well, well,

675
00:31:56,960 --> 00:31:59,280
Speaker 4: changes come out of scrutiny week already We've only had

676
00:31:59,280 --> 00:32:01,520
Speaker 4: one day of screw need week and look what happened.

677
00:32:01,520 --> 00:32:04,560
Speaker 4: The Finance Minister confirmed the government intends to have performance

678
00:32:04,560 --> 00:32:07,400
Speaker 4: based pay for public service CEOs a labor of course,

679
00:32:07,400 --> 00:32:08,920
Speaker 4: don't like that at a time when a lot of

680
00:32:08,960 --> 00:32:11,320
Speaker 4: people are getting laid off. Info Metrics chief economist Brad

681
00:32:11,320 --> 00:32:12,960
Speaker 4: Olsen is with us on this. Brad, a very good

682
00:32:12,960 --> 00:32:16,040
Speaker 4: morning to you. Good morning, call me completely out of touch.

683
00:32:16,040 --> 00:32:19,080
Speaker 4: I would have assumed that CEOs anywhere had performance pay

684
00:32:19,120 --> 00:32:21,520
Speaker 4: as part of their package as standard. Is clearly not

685
00:32:21,600 --> 00:32:23,600
Speaker 4: the case, well.

686
00:32:23,400 --> 00:32:25,720
Speaker 19: Certainly not for the public service in recent times. I

687
00:32:25,720 --> 00:32:28,880
Speaker 19: mean it got changed under this previous government. It's also

688
00:32:29,000 --> 00:32:30,520
Speaker 19: one of those things when you look at the numbers.

689
00:32:30,560 --> 00:32:32,880
Speaker 19: But we're not talking, of course, huge numbers of people.

690
00:32:33,080 --> 00:32:35,560
Speaker 19: If you look at government data, even back in twenty

691
00:32:35,560 --> 00:32:39,080
Speaker 19: sixteen when it was happening, only around one four hundred

692
00:32:39,120 --> 00:32:42,760
Speaker 19: odd people getting performance paid, three percent of the total workforce,

693
00:32:43,000 --> 00:32:46,000
Speaker 19: and the average value was only like two seven hundred dollars.

694
00:32:46,000 --> 00:32:49,560
Speaker 19: I mean, it's not big numbers that we're talking about here,

695
00:32:50,120 --> 00:32:52,040
Speaker 19: but it does seem to be something the government wants

696
00:32:52,040 --> 00:32:54,960
Speaker 19: to incentivize because they are trying to get some big

697
00:32:55,000 --> 00:32:58,440
Speaker 19: gains and some changes and what the government's trying to achieve,

698
00:32:58,640 --> 00:33:01,160
Speaker 19: and they want to tieerformance or but more of that

699
00:33:01,240 --> 00:33:03,680
Speaker 19: pay for chief executive through to those results, instead of

700
00:33:03,720 --> 00:33:05,880
Speaker 19: just saying no matter what happens, no matter if you

701
00:33:05,920 --> 00:33:07,880
Speaker 19: hit your targets or not, everything is just going to

702
00:33:07,880 --> 00:33:09,360
Speaker 19: be the same every year.

703
00:33:09,600 --> 00:33:10,160
Speaker 16: No change.

704
00:33:10,200 --> 00:33:11,040
Speaker 4: Do you reckon would?

705
00:33:12,520 --> 00:33:14,280
Speaker 18: I think it's got the potential to.

706
00:33:14,440 --> 00:33:16,239
Speaker 19: I mean, it's not the sort of thing that is

707
00:33:16,640 --> 00:33:19,600
Speaker 19: hugely usual across the board. I mean, there were some

708
00:33:19,640 --> 00:33:23,240
Speaker 19: international comparisons done back in twenty thirteen give you a

709
00:33:23,240 --> 00:33:25,400
Speaker 19: bit of an idea. New Zealand at that time had

710
00:33:25,440 --> 00:33:30,640
Speaker 19: about thirty six percent of people who were getting performance

711
00:33:30,680 --> 00:33:33,640
Speaker 19: pay of some description. You know, that compared to around

712
00:33:33,680 --> 00:33:35,880
Speaker 19: sort of twenty nine percent in Australia. But you looked

713
00:33:35,880 --> 00:33:37,920
Speaker 19: across some parts of Southeast Asia and that's sort of

714
00:33:37,920 --> 00:33:40,000
Speaker 19: in the sixty seventy percent change, where you know a

715
00:33:40,080 --> 00:33:42,160
Speaker 19: lot of people are seeing that sort of incentive. So,

716
00:33:42,400 --> 00:33:43,719
Speaker 19: I mean, it's one of those things Some of the

717
00:33:43,720 --> 00:33:46,760
Speaker 19: international literature isn't particularly strong on it, but I think

718
00:33:46,800 --> 00:33:49,160
Speaker 19: it's again we're not talking about sort of making i

719
00:33:49,200 --> 00:33:50,120
Speaker 19: don't know, forty.

720
00:33:49,880 --> 00:33:51,600
Speaker 18: Fifty percent of their pay at risk.

721
00:33:52,000 --> 00:33:54,640
Speaker 19: It's sort of more providing that incentive for them to

722
00:33:54,720 --> 00:33:58,640
Speaker 19: really press a bit harder. Now already public service chief exectives.

723
00:33:58,680 --> 00:34:01,480
Speaker 19: They don't go to work to try and get better pay,

724
00:34:01,760 --> 00:34:04,880
Speaker 19: so I don't think there's possibly an argument like that.

725
00:34:04,960 --> 00:34:08,480
Speaker 19: It might not incentivize them hugely, but surely again it's

726
00:34:08,480 --> 00:34:11,080
Speaker 19: a bit more maybe reflective, not of fully incentivizing them,

727
00:34:11,120 --> 00:34:13,239
Speaker 19: but saying that, look, you've got to get deliver some

728
00:34:13,280 --> 00:34:15,839
Speaker 19: results that stack up. Otherwise there is a bit more

729
00:34:15,920 --> 00:34:17,560
Speaker 19: variability and how much you get paid.

730
00:34:17,719 --> 00:34:19,960
Speaker 4: While I've got your Q one Thursday, what do you reckon?

731
00:34:21,280 --> 00:34:23,160
Speaker 18: We're currently picking an increase.

732
00:34:23,320 --> 00:34:25,759
Speaker 19: In fact, I think we're picking the biggest Well, the

733
00:34:25,880 --> 00:34:27,719
Speaker 19: thing here is that I think you've got some of

734
00:34:27,760 --> 00:34:31,440
Speaker 19: the weird seasonalities that's going to sneak in. The likes

735
00:34:31,440 --> 00:34:35,160
Speaker 19: of retail activity was actually up in the quarter compared

736
00:34:35,200 --> 00:34:37,440
Speaker 19: to the end of last year, but part of that,

737
00:34:37,520 --> 00:34:39,839
Speaker 19: I mean, there's all sorts of weird Intrica season here.

738
00:34:40,080 --> 00:34:42,800
Speaker 19: Remember we're also coming off the back of having Cyclone

739
00:34:42,840 --> 00:34:46,080
Speaker 19: Gabriel in the first quarter last year, so that comparison

740
00:34:46,120 --> 00:34:48,320
Speaker 19: is going to mix it up, particularly for the primary sector.

741
00:34:48,760 --> 00:34:51,239
Speaker 19: You've got the likes of an extra day in February,

742
00:34:51,760 --> 00:34:53,920
Speaker 19: which again just adds a little bit more to all

743
00:34:53,920 --> 00:34:57,279
Speaker 19: of the numbers. But I think that again, there's enough

744
00:34:57,320 --> 00:34:59,920
Speaker 19: other parts of the economy that a week construction activity

745
00:35:00,080 --> 00:35:03,400
Speaker 19: down what four percent? The likes of concrete volumes are

746
00:35:03,440 --> 00:35:06,120
Speaker 19: down eleven percent over the last year. So I think

747
00:35:06,160 --> 00:35:08,160
Speaker 19: you might see maybe a little bit of a bubble

748
00:35:08,239 --> 00:35:09,319
Speaker 19: up in the first quarter, but.

749
00:35:09,280 --> 00:35:10,920
Speaker 18: It's not necessarily a good news story.

750
00:35:11,000 --> 00:35:13,239
Speaker 4: All right, Well, I hope you're right. Brad Olsen in

751
00:35:13,280 --> 00:35:17,840
Speaker 4: for Metrics, bullish as always, thirteen minutes past seven, spake

752
00:35:17,960 --> 00:35:20,200
Speaker 4: my top three threats to New Zealand and one to

753
00:35:20,280 --> 00:35:23,200
Speaker 4: Party Mari, two the Green Party, three the Labor Party

754
00:35:23,920 --> 00:35:26,720
Speaker 4: is very good. Trade me numbers out this morning on rental.

755
00:35:26,760 --> 00:35:28,719
Speaker 4: Rental price is unchanged for the second month in a row,

756
00:35:28,760 --> 00:35:30,279
Speaker 4: and I'll tell you why that is. Six fifty is

757
00:35:30,280 --> 00:35:31,960
Speaker 4: the number, by the way, on average around the country.

758
00:35:32,040 --> 00:35:34,839
Speaker 4: I'll tell you about that uptick and rental supply up

759
00:35:34,960 --> 00:35:38,920
Speaker 4: twenty six percent nationally in May, and from my reading

760
00:35:38,920 --> 00:35:41,200
Speaker 4: that to people pulling out of Airbnb and that sort

761
00:35:41,239 --> 00:35:43,640
Speaker 4: of short term stuff and getting it onto the more

762
00:35:43,680 --> 00:35:46,920
Speaker 4: broad based market. Huge increase in choice for renters in

763
00:35:46,960 --> 00:35:51,640
Speaker 4: the market. This morning, thirteen past the hostis Micah major

764
00:35:51,680 --> 00:35:54,759
Speaker 4: threat to the country. The Gold Coast Titans very good

765
00:35:55,239 --> 00:35:56,840
Speaker 4: those rental numbers. By the way, I gave you the

766
00:35:56,880 --> 00:35:58,560
Speaker 4: national number. If you look at a place like Auckland

767
00:35:58,600 --> 00:36:01,760
Speaker 4: a forty percent increase in Supper fifty six, and Wellington

768
00:36:01,880 --> 00:36:04,439
Speaker 4: thirty five and Canterbury, so there is lots and lots

769
00:36:04,480 --> 00:36:07,319
Speaker 4: of choice. So the rental number staying the same as

770
00:36:07,360 --> 00:36:08,840
Speaker 4: in the rental price staying the same for that a

771
00:36:08,840 --> 00:36:10,440
Speaker 4: couple of months in a row would indicate to me

772
00:36:10,480 --> 00:36:12,120
Speaker 4: that it's going to start to drop shortly, which will

773
00:36:12,160 --> 00:36:14,200
Speaker 4: be interesting and welcome for many. Of course, morning, Mike,

774
00:36:14,640 --> 00:36:17,040
Speaker 4: just to thought, sixty meters is going to add two

775
00:36:17,080 --> 00:36:18,600
Speaker 4: more car parks in the street. Are they going to

776
00:36:18,600 --> 00:36:20,319
Speaker 4: add two more I don't know that they're thinking along

777
00:36:20,360 --> 00:36:23,000
Speaker 4: those lines of Granny flat out the back is necessarily

778
00:36:23,040 --> 00:36:24,680
Speaker 4: adding two more streets. But I take your point. The

779
00:36:24,680 --> 00:36:27,879
Speaker 4: infrastructural equation will be interesting, Mike. If we can build

780
00:36:27,920 --> 00:36:30,680
Speaker 4: sixty meters without red tape, why not one fifty? Good point,

781
00:36:30,960 --> 00:36:33,160
Speaker 4: because of course they based yesterday. If you watch Peters

782
00:36:33,160 --> 00:36:36,000
Speaker 4: and Bishop in the postcap press conference, they were going

783
00:36:36,000 --> 00:36:38,440
Speaker 4: a lot of success at thirty squares, so why not sixty?

784
00:36:38,440 --> 00:36:40,560
Speaker 4: So they've gone sixty, so then why not one twenty

785
00:36:40,640 --> 00:36:42,320
Speaker 4: or whatever the case may be. Speaking of Peter's he

786
00:36:42,440 --> 00:36:46,239
Speaker 4: not up, wakey, wakey, Winstone, We ring him and he's

787
00:36:46,239 --> 00:36:49,520
Speaker 4: not answering, and the press secretary is not answering either.

788
00:36:49,680 --> 00:36:49,879
Speaker 11: See.

789
00:36:49,920 --> 00:36:52,279
Speaker 4: Those are the people need the incentives for on pay,

790
00:36:52,320 --> 00:36:53,919
Speaker 4: don't they? You know, if you can answer the phone

791
00:36:53,960 --> 00:36:55,719
Speaker 4: and do what you obligated to do by way of

792
00:36:55,760 --> 00:36:59,120
Speaker 4: an interview, will give you more money or something like that. Anyway,

793
00:36:59,400 --> 00:37:01,600
Speaker 4: Mike stops reading fake news. On one hand, you say

794
00:37:01,800 --> 00:37:04,160
Speaker 4: China is our number one threat, and yet you farret

795
00:37:04,160 --> 00:37:06,440
Speaker 4: about wanting more Chinese to come and spend their money. Yes,

796
00:37:06,480 --> 00:37:09,239
Speaker 4: but in that and you make a reasonable point, John

797
00:37:09,800 --> 00:37:12,960
Speaker 4: in that is the delicacy of the relationship. And that's

798
00:37:13,000 --> 00:37:16,239
Speaker 4: what you've got to understand, the delicate nature of the relationship.

799
00:37:16,480 --> 00:37:20,920
Speaker 4: You cannot deny that the Chinese are expansionary. The geopolitical

800
00:37:20,960 --> 00:37:23,799
Speaker 4: tension in this region is growing by the day. And

801
00:37:23,880 --> 00:37:25,920
Speaker 4: yet we are stuck with them, and they're stuck with

802
00:37:26,040 --> 00:37:28,920
Speaker 4: us at forty billion dollars two way trade. And yes

803
00:37:28,960 --> 00:37:30,880
Speaker 4: we want tourism, and yes we want their business, and

804
00:37:30,960 --> 00:37:33,120
Speaker 4: yes we want their growth, and yes we want their money.

805
00:37:33,640 --> 00:37:36,279
Speaker 4: Some people want their belt and road. I don't, but Nevertheless,

806
00:37:36,280 --> 00:37:38,480
Speaker 4: that's how the relationship. You can't have one or the other.

807
00:37:38,560 --> 00:37:42,120
Speaker 4: It's a detailed old world. Follow the situation they've gotten

808
00:37:42,360 --> 00:37:45,200
Speaker 4: Europe at the moment with the cars. See, the Americans

809
00:37:45,239 --> 00:37:49,239
Speaker 4: are putting massive, massive tariffs on Chinese cars. Europeans doing

810
00:37:49,239 --> 00:37:51,840
Speaker 4: the same because the Chinese are wading in to the

811
00:37:51,840 --> 00:37:54,719
Speaker 4: car industry and cross subsidizing all sorts of products that

812
00:37:54,760 --> 00:37:56,799
Speaker 4: go out into the world. Many batteries and things like

813
00:37:56,840 --> 00:38:00,440
Speaker 4: solar panels, and local companies in Europe and America can't compete.

814
00:38:01,000 --> 00:38:03,320
Speaker 4: And yet some of those big major car companies in

815
00:38:03,360 --> 00:38:06,600
Speaker 4: Europe they're immersed in China. They've invested in China, They've

816
00:38:06,600 --> 00:38:09,440
Speaker 4: got people and factories in China. So if you're punishing them,

817
00:38:09,440 --> 00:38:12,040
Speaker 4: you're punishing Europeans as well as the Chinese. The whole

818
00:38:12,080 --> 00:38:15,000
Speaker 4: world's interrelated. You can't simplify it like that way. Mike

819
00:38:15,400 --> 00:38:19,520
Speaker 4: will do this quickly. Mike Justiner certainly made this country

820
00:38:19,520 --> 00:38:22,880
Speaker 4: progressively worse until it became the economic basket cases it

821
00:38:23,000 --> 00:38:25,400
Speaker 4: is now, so all in all the good name for

822
00:38:25,400 --> 00:38:28,240
Speaker 4: a project. This news that's got you going this morning.

823
00:38:28,600 --> 00:38:33,040
Speaker 4: Global Progressive Action have announced the former Prime Minister will

824
00:38:33,040 --> 00:38:36,640
Speaker 4: head a new Fellowship in Progressive Political Leadership. The first

825
00:38:36,640 --> 00:38:39,960
Speaker 4: of its kind program No Kidding aims to support and

826
00:38:40,000 --> 00:38:46,000
Speaker 4: connect who embrace an alternative leadership style. It's an exciting opportunity,

827
00:38:46,040 --> 00:38:49,040
Speaker 4: a chance to humanize leadership and bring together a network

828
00:38:49,080 --> 00:38:52,000
Speaker 4: of really talented politicians. You should never in a press

829
00:38:52,000 --> 00:38:56,600
Speaker 4: release use the word really really talented politicians. Here's what

830
00:38:56,640 --> 00:38:59,960
Speaker 4: I know about Jasinda raderm She is an abject fail,

831
00:39:00,760 --> 00:39:05,360
Speaker 4: an indisputable failure as a prime minister. The reason we

832
00:39:05,400 --> 00:39:08,480
Speaker 4: sit here this morning standing by for Q one on Thursday,

833
00:39:08,800 --> 00:39:11,680
Speaker 4: in a double dip recession, as Andrew Keller has said,

834
00:39:11,719 --> 00:39:14,600
Speaker 4: an outlier economically with the rest of the world noticeably.

835
00:39:14,680 --> 00:39:17,120
Speaker 4: So look at the service sector numbers yesterday, look at

836
00:39:17,160 --> 00:39:20,400
Speaker 4: the manufacturing numbers last week. Look at the state of

837
00:39:20,440 --> 00:39:22,080
Speaker 4: the economy as it sits right now.

838
00:39:22,360 --> 00:39:24,160
Speaker 1: It is on her.

839
00:39:24,680 --> 00:39:29,800
Speaker 4: She is a political leadership failure. And so yet some

840
00:39:29,960 --> 00:39:36,080
Speaker 4: idiot wants to use her name to introduce a new

841
00:39:36,080 --> 00:39:39,000
Speaker 4: style of leadership. If what she did to this country

842
00:39:39,440 --> 00:39:42,319
Speaker 4: is what she's offering to the world, the world don't

843
00:39:42,320 --> 00:39:46,440
Speaker 4: want it. Seven my cost your breakfast now. If you're

844
00:39:46,480 --> 00:39:49,160
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845
00:39:49,239 --> 00:39:51,920
Speaker 4: But how can you capture the value safely and securely?

846
00:39:51,960 --> 00:39:54,319
Speaker 4: That's probably the question of the age, isn't it. How

847
00:39:54,320 --> 00:39:56,680
Speaker 4: can you be sure that your data is not going

848
00:39:56,719 --> 00:39:58,640
Speaker 4: to be leaking? What if your AI gives you answers

849
00:39:58,680 --> 00:40:00,920
Speaker 4: that are simply wrong another question at the age. Thankfully

850
00:40:00,920 --> 00:40:02,799
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851
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852
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853
00:40:07,640 --> 00:40:10,719
Speaker 4: risk averse businesses to access generative AI. So it's a

854
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855
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856
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858
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859
00:40:22,440 --> 00:40:25,520
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860
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861
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862
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863
00:40:34,920 --> 00:40:37,360
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864
00:40:37,600 --> 00:40:40,600
Speaker 4: dot n z. Bosking Rove seven twenty four of A

865
00:40:40,680 --> 00:40:43,440
Speaker 4: mistake was made during the Coalition talks by National. It

866
00:40:43,520 --> 00:40:46,319
Speaker 4: was acquiescing to the New Zealand first demand that they

867
00:40:46,440 --> 00:40:49,040
Speaker 4: keep people from offshore buying houses here. So National had

868
00:40:49,040 --> 00:40:51,680
Speaker 4: it seemed to me anyway an elegant solution. Anything under

869
00:40:51,680 --> 00:40:53,319
Speaker 4: a couple of million dollars was out of bounds. That

870
00:40:53,400 --> 00:40:55,120
Speaker 4: left the market open to New Zealand doesn't of course

871
00:40:55,160 --> 00:40:58,960
Speaker 4: first time buyers most importantly began to town the three, four, seven, eight, nine,

872
00:40:59,040 --> 00:41:01,360
Speaker 4: ten million dollar houses. That's for the world, that's to

873
00:41:01,400 --> 00:41:04,239
Speaker 4: the open market. Not only was that a mistake because

874
00:41:04,280 --> 00:41:06,759
Speaker 4: New Zealand fir is next it for no real gain

875
00:41:06,800 --> 00:41:08,680
Speaker 4: as far as it can work out. It comes, as

876
00:41:08,880 --> 00:41:11,840
Speaker 4: I thought, somewhat ironic that the Prime Minister quite rightly

877
00:41:11,920 --> 00:41:14,160
Speaker 4: is working as hard as any prime minister I have seen,

878
00:41:14,440 --> 00:41:16,680
Speaker 4: running up hundreds of thousands of kilometers around the rail

879
00:41:16,680 --> 00:41:18,480
Speaker 4: of the world to goes sprooking our openness, when in

880
00:41:18,520 --> 00:41:20,239
Speaker 4: fact we're not quite as open as we could be.

881
00:41:20,640 --> 00:41:22,759
Speaker 4: So here's a couple of simple truths. We need the

882
00:41:22,800 --> 00:41:26,799
Speaker 4: world and badly we need investment. It's brainer, it's heft

883
00:41:26,800 --> 00:41:28,440
Speaker 4: and little. We need it. I need the growth full

884
00:41:28,520 --> 00:41:30,439
Speaker 4: of that brings. You know, it appears at the moment

885
00:41:30,440 --> 00:41:33,439
Speaker 4: we're watching New Zealanders leave while Indians and Filipinos arrive.

886
00:41:34,120 --> 00:41:37,600
Speaker 4: Making coming here, setting up shop here would be easier

887
00:41:37,960 --> 00:41:39,960
Speaker 4: if you could feel welcome and have a chance to

888
00:41:39,960 --> 00:41:41,960
Speaker 4: get a piece of the action. As far as offshore

889
00:41:42,040 --> 00:41:44,080
Speaker 4: is concerned, to what we deem offshore, it is limited

890
00:41:44,080 --> 00:41:46,439
Speaker 4: to Australian, Singaporeans and expats. The rest of the world

891
00:41:46,480 --> 00:41:48,640
Speaker 4: is locked out. You can't do it. So as a result,

892
00:41:48,880 --> 00:41:50,799
Speaker 4: the top end of the housing market is as flat

893
00:41:50,840 --> 00:41:52,520
Speaker 4: as a pancake read the piece in one roof. At

894
00:41:52,520 --> 00:41:54,919
Speaker 4: the moment, very instructive top end agents are saying, look,

895
00:41:54,920 --> 00:41:57,160
Speaker 4: we need a rethink. There's money being left on the

896
00:41:57,160 --> 00:41:59,120
Speaker 4: table here. This is a mistake. And yes they've got

897
00:41:59,120 --> 00:42:00,840
Speaker 4: a self interest. Of course, go to self interest. But

898
00:42:00,840 --> 00:42:02,920
Speaker 4: the rest of us don't. Most of us really just

899
00:42:02,960 --> 00:42:05,799
Speaker 4: want what's best for the country and locking people out

900
00:42:05,840 --> 00:42:08,600
Speaker 4: isn't smart business. On the street around the corner from

901
00:42:08,600 --> 00:42:10,799
Speaker 4: where we live, I can show you four houses right

902
00:42:10,840 --> 00:42:13,799
Speaker 4: now for sale in excess of twenty million dollars each.

903
00:42:14,480 --> 00:42:16,720
Speaker 4: Are they not selling, nor most likely will they because

904
00:42:16,840 --> 00:42:18,839
Speaker 4: those aren't the houses we generally buy it. They are

905
00:42:18,880 --> 00:42:21,920
Speaker 4: houses for the Americans and Europeans and Chinese we're fifty

906
00:42:21,960 --> 00:42:24,360
Speaker 4: pe buys your New Zealand dollar. Where billionaires aren't as

907
00:42:24,440 --> 00:42:27,320
Speaker 4: rare as they are here, whether it's tourism or startup

908
00:42:27,360 --> 00:42:30,560
Speaker 4: money or IPOs, our share market, our housing market, or immigration.

909
00:42:30,960 --> 00:42:33,800
Speaker 4: This country, I'm sad to say, has lost its fizz.

910
00:42:33,960 --> 00:42:36,040
Speaker 4: It's competing in a world of countries where the bright

911
00:42:36,080 --> 00:42:38,279
Speaker 4: and the brilliant are in big, big, big demand. We

912
00:42:38,320 --> 00:42:41,640
Speaker 4: cannot afford to hobble ourselves. And here is the simple

913
00:42:41,640 --> 00:42:44,040
Speaker 4: truth about all of those people, most of them want

914
00:42:44,040 --> 00:42:47,279
Speaker 4: a house. Asking Mike, don't forget that Robertson played a

915
00:42:47,320 --> 00:42:49,400
Speaker 4: significant part of the problem. Well, yes he did. But

916
00:42:49,440 --> 00:42:52,440
Speaker 4: the buck stops at the top, is my point. Morning.

917
00:42:52,480 --> 00:42:55,600
Speaker 4: Mike recently started renovating our eighties home, and Nelson bathroom

918
00:42:55,640 --> 00:42:57,960
Speaker 4: and toilet were renovated to the highest standard great trades

919
00:42:57,960 --> 00:43:00,520
Speaker 4: and products of video and photographed the whole process, Resource

920
00:43:00,520 --> 00:43:02,640
Speaker 4: consent and dealing with those idiots of the local council

921
00:43:02,920 --> 00:43:04,760
Speaker 4: who are clueless and would have cost me a fortune

922
00:43:04,760 --> 00:43:07,160
Speaker 4: and sixty square meter bills, hopefully the start of a

923
00:43:07,160 --> 00:43:11,000
Speaker 4: practical future. Jules, you're very right, quick question for you.

924
00:43:11,040 --> 00:43:13,360
Speaker 4: There's some turbulence business. I mean, there's a bit of focus.

925
00:43:13,360 --> 00:43:16,040
Speaker 4: Of course, this morning, on the flight that landed in Mbicago,

926
00:43:16,080 --> 00:43:17,719
Speaker 4: when a bird flew into the engine, there's nothing you

927
00:43:17,719 --> 00:43:19,240
Speaker 4: can do about that. And I don't think we're blaming

928
00:43:19,280 --> 00:43:23,200
Speaker 4: climate change. But on the Sunday when you took off

929
00:43:23,200 --> 00:43:26,080
Speaker 4: from Wellington heading down to Queenstown six oh seven, then

930
00:43:26,120 --> 00:43:28,239
Speaker 4: the turbulence, the clear air turbulence hit and we can

931
00:43:28,280 --> 00:43:30,799
Speaker 4: blame allegedly climate change for that, And the coffee got spilled,

932
00:43:30,840 --> 00:43:32,480
Speaker 4: and the couple of people got burned, and the ambulance

933
00:43:32,560 --> 00:43:34,560
Speaker 4: arrived and two people got I think they got carted

934
00:43:34,600 --> 00:43:37,440
Speaker 4: off to hospital to check their burns bit of blistering.

935
00:43:37,480 --> 00:43:39,160
Speaker 4: Sues was one of them. That was a crew member.

936
00:43:39,160 --> 00:43:40,799
Speaker 4: And Sue Sus didn't want the rest of her name

937
00:43:41,719 --> 00:43:43,480
Speaker 4: put out to the rest of the country. Let me

938
00:43:43,520 --> 00:43:46,839
Speaker 4: ask you this simple question, why is it? And call

939
00:43:46,920 --> 00:43:48,400
Speaker 4: me weird if you want, and many if you have

940
00:43:48,480 --> 00:43:50,680
Speaker 4: over the years, But I, on all domestic flights have

941
00:43:50,719 --> 00:43:53,359
Speaker 4: been on, have never eaten or drunk anything at all.

942
00:43:53,440 --> 00:43:55,839
Speaker 4: It seems to me to be pointless. What is it

943
00:43:56,280 --> 00:43:58,759
Speaker 4: on the forty minute thirty five minutes? I mean, even

944
00:43:58,800 --> 00:44:00,759
Speaker 4: if you go from Auckland to queen you're only talking

945
00:44:00,800 --> 00:44:03,239
Speaker 4: about an hour forty. What is it that you are

946
00:44:03,280 --> 00:44:07,240
Speaker 4: so desperate to have a bad biscuit, some stale crisps,

947
00:44:07,360 --> 00:44:09,560
Speaker 4: or some really bad coffee or tea? What is it

948
00:44:09,600 --> 00:44:13,120
Speaker 4: that laid you so desperate for those beverages? Whereas if

949
00:44:13,160 --> 00:44:15,759
Speaker 4: you just sat there quietly, maybe did the in New

950
00:44:15,840 --> 00:44:18,239
Speaker 4: Zealand quiz, and once you'd kicked that off and read

951
00:44:18,239 --> 00:44:19,799
Speaker 4: a book or something, you'd be landing and then you

952
00:44:19,800 --> 00:44:21,960
Speaker 4: wouldn't be burned, nothing would be spilled, You wouldn't have

953
00:44:22,000 --> 00:44:23,759
Speaker 4: these problems. You could all just sit there, buckled up

954
00:44:23,800 --> 00:44:25,720
Speaker 4: readily to going, and we wouldn't have this problem. What's

955
00:44:25,800 --> 00:44:29,719
Speaker 4: the fascination with food and drink on short haulplanes? For

956
00:44:29,760 --> 00:44:33,200
Speaker 4: goodness sake, there's your question. In the morning, Nikola Willis,

957
00:44:33,400 --> 00:44:34,760
Speaker 4: is will us after the news?

958
00:44:34,880 --> 00:44:38,320
Speaker 1: Which is next the breakfast show?

959
00:44:38,400 --> 00:44:42,560
Speaker 3: You can trust the Mic Hosking Breakfast with Bailey's real

960
00:44:42,680 --> 00:44:47,479
Speaker 3: estate altogether better across residential, commercial and rural on News

961
00:44:47,520 --> 00:44:48,120
Speaker 3: Talks ed B.

962
00:44:48,360 --> 00:44:51,239
Speaker 4: Twenty three minutes away from eight. You may or may

963
00:44:51,280 --> 00:44:53,759
Speaker 4: not know the name Tom Bewley, but he's the next

964
00:44:53,760 --> 00:44:56,000
Speaker 4: big noise on Nia Sport. He's young, He's only sixteen

965
00:44:56,080 --> 00:44:58,360
Speaker 4: years old, and he won the towet or eighty sixes anyway,

966
00:44:58,400 --> 00:45:00,680
Speaker 4: explain more about that later when he joined us after

967
00:45:00,680 --> 00:45:04,360
Speaker 4: eight o'clock this morning. Meantime, Finance Minister Nicola Willis is

968
00:45:04,360 --> 00:45:06,080
Speaker 4: doing the business, of course for the Prime Minister who

969
00:45:06,080 --> 00:45:08,600
Speaker 4: has found his way to Japan. Very good morning, good morning,

970
00:45:08,600 --> 00:45:11,120
Speaker 4: gratefully here, good to see you, Peters. Yesterday at the

971
00:45:11,120 --> 00:45:14,440
Speaker 4: postcab ended up with a flourish on the Maria the

972
00:45:14,600 --> 00:45:18,120
Speaker 4: Mari party, which reminded me when Christopher Luxen was here

973
00:45:18,160 --> 00:45:21,319
Speaker 4: last week having announced the inquiry, he said something more

974
00:45:21,360 --> 00:45:23,279
Speaker 4: was coming by way of detail, who's heading it? All

975
00:45:23,320 --> 00:45:25,239
Speaker 4: the writing instructions? Where are they?

976
00:45:25,960 --> 00:45:29,319
Speaker 20: So the Public Service Commission have released their terms of

977
00:45:29,360 --> 00:45:33,000
Speaker 20: reference and they have made clear what they're looking into,

978
00:45:33,840 --> 00:45:36,280
Speaker 20: and that inquiry is taking place.

979
00:45:36,400 --> 00:45:38,799
Speaker 4: Are you confident that you will be able to as

980
00:45:38,800 --> 00:45:41,000
Speaker 4: a government find out what needs to be found out.

981
00:45:41,480 --> 00:45:43,880
Speaker 20: Yes, and that is why we are doing it, because

982
00:45:43,920 --> 00:45:45,640
Speaker 20: we think there are facts that need to be on

983
00:45:45,680 --> 00:45:48,960
Speaker 20: the table. Those facts have actually been very unclear, and

984
00:45:49,200 --> 00:45:52,359
Speaker 20: we have instructed the Public Service Commission to use its

985
00:45:52,400 --> 00:45:55,960
Speaker 20: powers to make sure that actually where government agencies are involved,

986
00:45:55,960 --> 00:45:58,400
Speaker 20: they've taken all the right steps to protect new Zealander's

987
00:45:58,440 --> 00:46:01,760
Speaker 20: personal private data. That this isn't being investigated thoroughly.

988
00:46:01,840 --> 00:46:05,160
Speaker 4: Here's the problem. If what Peter's particularly yesterday, he seemed

989
00:46:05,160 --> 00:46:07,080
Speaker 4: to have some sort of inside information on what has

990
00:46:07,120 --> 00:46:08,640
Speaker 4: gone on there, do you know what that is?

991
00:46:08,920 --> 00:46:11,799
Speaker 20: Well, look, there's all sorts of rumors swirling around and

992
00:46:11,880 --> 00:46:14,600
Speaker 20: I'm sure that Winston Peters will have heard some of them.

993
00:46:14,960 --> 00:46:17,840
Speaker 20: That's why we wanted the independent Inquiry to get to

994
00:46:17,840 --> 00:46:20,319
Speaker 20: the bottom of the facts, because it's only with the

995
00:46:20,360 --> 00:46:22,160
Speaker 20: facts that we can then decide what needs to happen.

996
00:46:22,200 --> 00:46:25,080
Speaker 4: Because what appears to happen is that this information was

997
00:46:25,239 --> 00:46:29,040
Speaker 4: swapped left, right and center. If that's proven, then some

998
00:46:29,239 --> 00:46:32,200
Speaker 4: either nefarious activity by the Marry Party, which seems to

999
00:46:32,200 --> 00:46:34,080
Speaker 4: me to be one aspect of it. The other part is,

1000
00:46:34,120 --> 00:46:36,360
Speaker 4: how is it the government departments allowed all this to happen?

1001
00:46:36,440 --> 00:46:38,520
Speaker 4: What actually happens to those government departments if you find

1002
00:46:38,520 --> 00:46:39,600
Speaker 4: that that did happen.

1003
00:46:39,440 --> 00:46:42,439
Speaker 20: Well, look, if New Zealander's personal data has been used

1004
00:46:42,440 --> 00:46:45,600
Speaker 20: for political purposes, that is a gross abuse of trust

1005
00:46:45,719 --> 00:46:48,480
Speaker 20: in the system. And so I would expect that government

1006
00:46:48,520 --> 00:46:51,640
Speaker 20: departments would need to fix their systems, would need to

1007
00:46:51,800 --> 00:46:54,799
Speaker 20: hold to account any individuals that were involved and not

1008
00:46:55,040 --> 00:46:57,200
Speaker 20: enforcing rigorous standards and would need to have a good

1009
00:46:57,200 --> 00:46:59,960
Speaker 20: hard look at how they would protect data in future.

1010
00:47:00,120 --> 00:47:02,160
Speaker 4: Okay, what's your GDP call for Thursday.

1011
00:47:02,880 --> 00:47:06,240
Speaker 20: Well, look, I've seen the estimates. I think it's really

1012
00:47:06,280 --> 00:47:09,160
Speaker 20: tough out there. It feels like recession, and so that

1013
00:47:09,200 --> 00:47:12,239
Speaker 20: would tell you negative numbers. But I've been surprised by

1014
00:47:12,320 --> 00:47:15,000
Speaker 20: these stats before. What we know is that four of

1015
00:47:15,040 --> 00:47:17,520
Speaker 20: the past five quarters have been negative.

1016
00:47:17,680 --> 00:47:20,520
Speaker 4: Okay, So if Q one's negative I think it is,

1017
00:47:20,920 --> 00:47:23,200
Speaker 4: then Q two can't be positive, can it. Q two

1018
00:47:23,239 --> 00:47:24,440
Speaker 4: cannot be better than Q one.

1019
00:47:24,840 --> 00:47:28,120
Speaker 20: Well, it feels to me that high interest rates are

1020
00:47:28,160 --> 00:47:32,960
Speaker 20: really biting for our businesses. They are still struggling with

1021
00:47:33,040 --> 00:47:37,160
Speaker 20: high costs, and so I'm focused, Mike on not what's

1022
00:47:37,200 --> 00:47:39,160
Speaker 20: exactly the data going to be, but what do we

1023
00:47:39,200 --> 00:47:41,880
Speaker 20: do to dig out of here? And we've presented a

1024
00:47:41,880 --> 00:47:45,040
Speaker 20: budget that takes pressure off inflation. We need inflation to

1025
00:47:45,080 --> 00:47:47,080
Speaker 20: come back down so that the Reserve Bank can have

1026
00:47:47,120 --> 00:47:51,320
Speaker 20: the confidence to cut interest rates. I think that's ultimately

1027
00:47:51,360 --> 00:47:53,279
Speaker 20: the thing that will breathe some air back into the

1028
00:47:53,320 --> 00:47:55,719
Speaker 20: economy when people see that interest rate track coming down

1029
00:47:55,920 --> 00:47:56,160
Speaker 20: on time.

1030
00:47:56,200 --> 00:47:58,000
Speaker 4: Down the track though, isn't it. Even if even of

1031
00:47:58,080 --> 00:48:00,000
Speaker 4: all is wrong and he starts this year late this year,

1032
00:48:00,080 --> 00:48:03,400
Speaker 4: it's well into next year before the fizz of you

1033
00:48:03,440 --> 00:48:04,040
Speaker 4: know is back.

1034
00:48:04,239 --> 00:48:06,879
Speaker 20: I think I think we do have a tough few

1035
00:48:06,880 --> 00:48:09,840
Speaker 20: months ahead of us. I think, realistically we are dealing

1036
00:48:09,880 --> 00:48:12,919
Speaker 20: with a hangover of an economy that has been mismanaged

1037
00:48:12,920 --> 00:48:14,719
Speaker 20: for the past six years. And I always said at

1038
00:48:14,760 --> 00:48:18,000
Speaker 20: the time you pump that much cash into an economy

1039
00:48:18,080 --> 00:48:22,600
Speaker 20: through money printing, through loosely spending, that all comes crashing down,

1040
00:48:22,640 --> 00:48:25,319
Speaker 20: and unfortunately our government is in the hot seat at

1041
00:48:25,320 --> 00:48:28,400
Speaker 20: that time. My empathy is for those New Zealand businesses

1042
00:48:28,520 --> 00:48:31,720
Speaker 20: have often done absolutely everything right and are now struggling

1043
00:48:31,719 --> 00:48:34,400
Speaker 20: with difficult conditions. So we're doing everything we can to

1044
00:48:34,440 --> 00:48:36,960
Speaker 20: be on their side, to back them, to make things easier,

1045
00:48:37,239 --> 00:48:38,799
Speaker 20: and we've just got to steer the country through this

1046
00:48:38,840 --> 00:48:39,439
Speaker 20: difficult path.

1047
00:48:39,560 --> 00:48:42,680
Speaker 4: Would you regard us now economically? I mean the stats

1048
00:48:42,680 --> 00:48:44,959
Speaker 4: back it up as an economic outlier. There are plenty

1049
00:48:44,960 --> 00:48:46,680
Speaker 4: of places in the world that are one growing and

1050
00:48:46,840 --> 00:48:50,080
Speaker 4: see a level of positivity that we simply don't look.

1051
00:48:50,120 --> 00:48:52,879
Speaker 20: I think we've had a worse inflation spike that has

1052
00:48:52,960 --> 00:48:55,640
Speaker 20: lasted for longer than many other countries we like to

1053
00:48:55,680 --> 00:48:59,080
Speaker 20: compare ourselves with. And I remember the lament of the

1054
00:48:59,120 --> 00:49:01,759
Speaker 20: former Finance who said, oh well, look we've just had

1055
00:49:01,760 --> 00:49:04,600
Speaker 20: a bit more spending because of COVID. Actually he baked

1056
00:49:04,600 --> 00:49:07,160
Speaker 20: in very high levels of spending. The judgments were made

1057
00:49:07,160 --> 00:49:08,719
Speaker 20: wrong and New Zealand's paying for it now.

1058
00:49:08,840 --> 00:49:11,040
Speaker 4: Indeed, what role is Adrian or playing all of this

1059
00:49:11,120 --> 00:49:12,640
Speaker 4: as well, given he's still in the room.

1060
00:49:12,800 --> 00:49:15,920
Speaker 20: Well, look, I've previously shared my view that the quantity

1061
00:49:15,960 --> 00:49:18,879
Speaker 20: of easing our Reserve Bank engaged in was excessive. There

1062
00:49:18,920 --> 00:49:21,319
Speaker 20: was too much money printing, interest rates were kept too

1063
00:49:21,320 --> 00:49:24,279
Speaker 20: low for too long, and that's no doubt contributed to

1064
00:49:24,280 --> 00:49:24,960
Speaker 20: where we are today.

1065
00:49:25,000 --> 00:49:26,279
Speaker 4: I was saying a little thing before the news you

1066
00:49:26,280 --> 00:49:28,279
Speaker 4: wouldn't have heard it, but the foreign buyers thing. There's

1067
00:49:28,400 --> 00:49:31,879
Speaker 4: agents now saying look, we're too much money on the table,

1068
00:49:31,920 --> 00:49:33,879
Speaker 4: there's ban on foreign both there's too much money left

1069
00:49:33,920 --> 00:49:35,480
Speaker 4: on the table. And that's a New Zealand first thing.

1070
00:49:35,520 --> 00:49:37,839
Speaker 4: And I get it's a coalition. I understand all of that.

1071
00:49:38,320 --> 00:49:41,319
Speaker 4: Is it proving to be a major regret at least

1072
00:49:41,360 --> 00:49:42,160
Speaker 4: for your party?

1073
00:49:42,480 --> 00:49:44,759
Speaker 20: Oh well, I've made my position on that clear. I

1074
00:49:44,840 --> 00:49:47,319
Speaker 20: think it would be great if really wealthy people from

1075
00:49:47,360 --> 00:49:51,080
Speaker 20: around the world could buy expensive New Zealand properties and

1076
00:49:51,120 --> 00:49:54,719
Speaker 20: pay us a nice fee for the pleasure. I think

1077
00:49:54,719 --> 00:49:56,520
Speaker 20: that would be good both in terms of a revenue

1078
00:49:56,520 --> 00:49:59,160
Speaker 20: source for New Zealand, but actually bringing those wealthy people

1079
00:49:59,200 --> 00:50:01,839
Speaker 20: and their spending and their connections and their capital into

1080
00:50:01,920 --> 00:50:04,000
Speaker 20: the country would be great for some of the regions

1081
00:50:04,000 --> 00:50:06,760
Speaker 20: where they'd buy homes. But that's not the government policy.

1082
00:50:07,480 --> 00:50:10,080
Speaker 20: New Zealand First have made it clear in the coalition

1083
00:50:10,160 --> 00:50:12,600
Speaker 20: agreement that they wanted us to progress our tax plans

1084
00:50:12,640 --> 00:50:15,040
Speaker 20: without that in it. Hey, but you know they have

1085
00:50:15,120 --> 00:50:18,160
Speaker 20: the right to revisit that anytime they like, could.

1086
00:50:17,960 --> 00:50:19,880
Speaker 4: They is it possible? The reason they ask is not

1087
00:50:19,920 --> 00:50:22,080
Speaker 4: only that, but so you've got a Prime minister in

1088
00:50:22,160 --> 00:50:23,839
Speaker 4: Japan trying to sell us to the world and we're

1089
00:50:23,840 --> 00:50:26,360
Speaker 4: open for business. You can't be fully open for businesses.

1090
00:50:26,400 --> 00:50:28,480
Speaker 4: Come on, bring you money. And by the way, you

1091
00:50:28,480 --> 00:50:30,799
Speaker 4: can't have a house. Well, set up a business, but

1092
00:50:30,840 --> 00:50:32,360
Speaker 4: you can't buy a house. I mean, come on.

1093
00:50:32,680 --> 00:50:36,120
Speaker 20: Yeah, Well, look, I'd love to see us to make

1094
00:50:36,160 --> 00:50:38,840
Speaker 20: it easier for people to buy homes in New Zealand

1095
00:50:38,880 --> 00:50:42,040
Speaker 20: if they're going to contribute to the country. We went

1096
00:50:42,080 --> 00:50:44,080
Speaker 20: into the election with a policy to achieve that. But

1097
00:50:44,080 --> 00:50:46,000
Speaker 20: as Finance Minister, I deliver on government.

1098
00:50:46,560 --> 00:50:48,920
Speaker 4: That's I get that having it. The reason I also

1099
00:50:48,960 --> 00:50:50,600
Speaker 4: asked that is that this morning I don't even know

1100
00:50:50,600 --> 00:50:51,960
Speaker 4: if you're aware on the seems to have come out

1101
00:50:51,960 --> 00:50:54,800
Speaker 4: of left field. So Bishop yesterday on this transgender funding

1102
00:50:54,840 --> 00:50:57,040
Speaker 4: for sport, right that seems to be a New Zealand

1103
00:50:57,080 --> 00:51:01,160
Speaker 4: first back down, no knowing so well they said, they

1104
00:51:01,200 --> 00:51:02,719
Speaker 4: said going into the campaign, we're not going to give

1105
00:51:02,719 --> 00:51:04,480
Speaker 4: you money if you're going to be weird about transgender

1106
00:51:04,520 --> 00:51:05,359
Speaker 4: and so now they are.

1107
00:51:05,480 --> 00:51:05,640
Speaker 5: Well.

1108
00:51:05,760 --> 00:51:09,600
Speaker 20: The agreement we struck in our coalition text was that

1109
00:51:09,719 --> 00:51:11,880
Speaker 20: we wanted to ensure that the rules around gender and

1110
00:51:11,880 --> 00:51:16,480
Speaker 20: sport didn't compromise fairness or safety. Minister Bishops, Minister of Sport,

1111
00:51:16,520 --> 00:51:18,160
Speaker 20: has done a review of the rules in place for

1112
00:51:18,239 --> 00:51:21,400
Speaker 20: community sport. Hasn't found any instances that are troubling to

1113
00:51:21,480 --> 00:51:24,200
Speaker 20: him at this stage, but he's keeping it under active review.

1114
00:51:24,280 --> 00:51:28,120
Speaker 20: So what that means is if a sporting body changed

1115
00:51:28,120 --> 00:51:30,000
Speaker 20: the rules in such a way that people felt that

1116
00:51:30,040 --> 00:51:32,040
Speaker 20: they were being made to be unsafe or the rules

1117
00:51:32,040 --> 00:51:34,800
Speaker 20: were unfair, then the government would have the ability to react.

1118
00:51:34,920 --> 00:51:37,080
Speaker 4: Do you think you will the sound. It feels like

1119
00:51:37,120 --> 00:51:39,240
Speaker 4: a backdown to me. It sounds like sport in New Zealand,

1120
00:51:39,280 --> 00:51:41,680
Speaker 4: ring you up and your back down.

1121
00:51:41,840 --> 00:51:41,920
Speaker 16: No.

1122
00:51:42,040 --> 00:51:43,680
Speaker 20: Look, I think it was always one of those things

1123
00:51:43,719 --> 00:51:45,799
Speaker 20: where the deal was let's go and have a look

1124
00:51:45,840 --> 00:51:49,000
Speaker 20: at the rules of problems arise, let's be prepared to act.

1125
00:51:49,080 --> 00:51:51,839
Speaker 20: We haven't seen those problems yet, but if we saw problems, yes,

1126
00:51:51,880 --> 00:51:52,319
Speaker 20: we'd act.

1127
00:51:52,520 --> 00:51:55,960
Speaker 4: Carbon market auction on Thursday, I think it is. It's

1128
00:51:55,960 --> 00:51:58,600
Speaker 4: not going to sell. You said you were going to

1129
00:51:58,920 --> 00:52:01,680
Speaker 4: sort it out. A couple of billion dollars potentially coming in.

1130
00:52:01,760 --> 00:52:03,760
Speaker 4: You're not going to get anything because and the reason

1131
00:52:03,880 --> 00:52:06,000
Speaker 4: is people don't believe what you're doing rightly or wrongly.

1132
00:52:06,520 --> 00:52:08,279
Speaker 4: And many of us would agree with the ets on

1133
00:52:08,320 --> 00:52:10,360
Speaker 4: farmers and stuff like that, but we still don't know.

1134
00:52:10,400 --> 00:52:12,720
Speaker 4: Why would I go buy a credit? I won't, therefore

1135
00:52:12,719 --> 00:52:13,520
Speaker 4: it will fail again.

1136
00:52:14,160 --> 00:52:18,040
Speaker 20: Well, I've been given firm advice, but I should not comment.

1137
00:52:17,800 --> 00:52:19,440
Speaker 4: On well you're going to move the market A.

1138
00:52:19,920 --> 00:52:22,560
Speaker 20: Yeah, Well that's the risk, right, and that we shouldn't

1139
00:52:22,560 --> 00:52:27,120
Speaker 20: be commenting behavior. Well, what I can say, and we'll

1140
00:52:27,200 --> 00:52:30,319
Speaker 20: keep saying, is we believe the emissions trading scheme, which

1141
00:52:30,320 --> 00:52:34,200
Speaker 20: effectively prices. Carbon is one of the most vital tools

1142
00:52:34,239 --> 00:52:36,960
Speaker 20: we have for driving emissions down in New Zealand. I

1143
00:52:37,000 --> 00:52:39,480
Speaker 20: believe in market mechanisms. I think that's a much more

1144
00:52:39,520 --> 00:52:41,960
Speaker 20: effective way than centivizing changes.

1145
00:52:42,200 --> 00:52:43,520
Speaker 4: But look at what the market's telling you.

1146
00:52:44,239 --> 00:52:47,239
Speaker 20: Well, as I say, I'm not in a position where

1147
00:52:47,239 --> 00:52:49,160
Speaker 20: I should comment on what the market is telling you.

1148
00:52:49,280 --> 00:52:51,680
Speaker 4: Well, well, work me through why I should buy a

1149
00:52:51,719 --> 00:52:54,200
Speaker 4: credit if I look at you one day taking the

1150
00:52:54,200 --> 00:52:56,960
Speaker 4: farmers out of the ets and then the forest owners

1151
00:52:57,000 --> 00:52:58,680
Speaker 4: they don't have to pay it. I don't know where

1152
00:52:58,719 --> 00:53:00,480
Speaker 4: you're at on thinking you know you going to do

1153
00:53:00,560 --> 00:53:03,319
Speaker 4: something sometime down the track. Maybe maybe you're not, So

1154
00:53:03,440 --> 00:53:06,120
Speaker 4: I'll just sit tight for now. That's what I'm getting

1155
00:53:06,120 --> 00:53:06,799
Speaker 4: from you, isn't it.

1156
00:53:06,880 --> 00:53:07,040
Speaker 9: Well.

1157
00:53:07,040 --> 00:53:09,799
Speaker 20: The government remains committed to the emissions trading scheme as

1158
00:53:09,880 --> 00:53:12,960
Speaker 20: the primary tool we have or driving emissions down in

1159
00:53:13,000 --> 00:53:17,560
Speaker 20: New Zealand. We have emission reduction targets as a matter

1160
00:53:17,640 --> 00:53:20,640
Speaker 20: of law. We're committed to those and we see the

1161
00:53:20,640 --> 00:53:23,160
Speaker 20: emissions trading scheme is critical. One of the things we

1162
00:53:23,200 --> 00:53:25,760
Speaker 20: did when we came into government was stop the review

1163
00:53:25,800 --> 00:53:27,440
Speaker 20: which would have undermined that scheme.

1164
00:53:27,520 --> 00:53:31,040
Speaker 4: So we're committed to it neat these kids who I

1165
00:53:31,200 --> 00:53:32,840
Speaker 4: just don't know how this happens. How is it just

1166
00:53:32,880 --> 00:53:34,719
Speaker 4: explained to me briefly, How is it that a young

1167
00:53:34,760 --> 00:53:37,360
Speaker 4: person in this country who is not in school, not

1168
00:53:37,440 --> 00:53:41,279
Speaker 4: in a job, not in training, neat is going up?

1169
00:53:41,760 --> 00:53:43,640
Speaker 4: How is it there are more of these people?

1170
00:53:43,719 --> 00:53:46,200
Speaker 20: Well, look, that's a real worry and I think one

1171
00:53:46,239 --> 00:53:48,880
Speaker 20: of the things that we know is that when unemployment's rising,

1172
00:53:48,880 --> 00:53:52,040
Speaker 20: it's often young people who are most affected. But i'd

1173
00:53:52,080 --> 00:53:54,440
Speaker 20: expect that if you're a young person and you can't

1174
00:53:54,520 --> 00:53:57,080
Speaker 20: get a job, you should be in training. And so

1175
00:53:57,719 --> 00:53:59,920
Speaker 20: we have set a target of reducing the number of

1176
00:54:00,120 --> 00:54:03,160
Speaker 20: people on job seeker benefits. We've asked the Ministry for

1177
00:54:03,200 --> 00:54:06,480
Speaker 20: Social Development to be much clear about its expectations of

1178
00:54:06,520 --> 00:54:08,840
Speaker 20: those lining up for a benefit, and we've got a

1179
00:54:08,840 --> 00:54:11,960
Speaker 20: Welfare that Works policy that will be rolling out in

1180
00:54:12,000 --> 00:54:15,080
Speaker 20: the next few months, which is all about getting on

1181
00:54:15,200 --> 00:54:17,960
Speaker 20: top of those young people who are turning up for

1182
00:54:18,040 --> 00:54:21,640
Speaker 20: a benefit and making sure that they're doing everything they

1183
00:54:21,680 --> 00:54:23,120
Speaker 20: can to get training or a job.

1184
00:54:23,200 --> 00:54:24,760
Speaker 4: They're not getting a benefit, are they.

1185
00:54:25,280 --> 00:54:27,239
Speaker 20: Some of them might be. Some of them if they're

1186
00:54:27,280 --> 00:54:27,960
Speaker 20: left time.

1187
00:54:27,960 --> 00:54:31,000
Speaker 4: So they're not in school, so they've got no qualifications.

1188
00:54:31,040 --> 00:54:33,399
Speaker 4: They have no job, they're not in training, so you're

1189
00:54:33,400 --> 00:54:34,399
Speaker 4: handing out money to them.

1190
00:54:34,640 --> 00:54:36,439
Speaker 20: In some cases that might be the case.

1191
00:54:36,520 --> 00:54:37,880
Speaker 4: Yes, doesn't that need to change?

1192
00:54:38,320 --> 00:54:41,920
Speaker 20: Well, where they don't have parental supporter, they've got difficult

1193
00:54:41,960 --> 00:54:44,960
Speaker 20: family circumstances that they may be getting a benefit. But look,

1194
00:54:45,280 --> 00:54:47,240
Speaker 20: we don't want eighteen year olds on the couch playing

1195
00:54:47,280 --> 00:54:49,680
Speaker 20: video games. We want them in training or in work,

1196
00:54:50,040 --> 00:54:51,680
Speaker 20: and I'm sure that their families want the same.

1197
00:54:51,800 --> 00:54:53,040
Speaker 4: Are we going to buy a plane?

1198
00:54:53,760 --> 00:54:56,960
Speaker 20: I think we will be buying planes in future. You

1199
00:54:57,000 --> 00:54:59,560
Speaker 20: would expect that the Defense Force will need to keep

1200
00:55:00,760 --> 00:55:03,479
Speaker 20: ensuring that it has the means to do its job.

1201
00:55:03,640 --> 00:55:06,160
Speaker 20: And those planes did work very successfully. Mike or just

1202
00:55:06,200 --> 00:55:09,200
Speaker 20: remind people to take New Zealanders out of New Mea

1203
00:55:09,239 --> 00:55:12,040
Speaker 20: recently and get them home. It did that safely, but

1204
00:55:12,160 --> 00:55:14,560
Speaker 20: all of that is forgotten because it couldn't take off

1205
00:55:14,560 --> 00:55:17,719
Speaker 20: from Port Moresby. That's regrettable. We're in the middle of

1206
00:55:17,719 --> 00:55:22,160
Speaker 20: a defense capability review. Making sure we have the equipment

1207
00:55:22,200 --> 00:55:24,560
Speaker 20: we need to get our troops around the world is important.

1208
00:55:24,800 --> 00:55:27,319
Speaker 4: Nice to see you, Nichola Willis. It is thirteen away

1209
00:55:27,320 --> 00:55:31,799
Speaker 4: from eight. The Costing Breakfast ten minutes away. From Mike.

1210
00:55:31,880 --> 00:55:35,360
Speaker 4: South Korea an economy built on petrochemicals and manufacturing total

1211
00:55:35,400 --> 00:55:37,600
Speaker 4: carbon outputs six times that of New Zealand, yet market

1212
00:55:37,600 --> 00:55:39,680
Speaker 4: price of the Korean carbon unit seven times less than

1213
00:55:39,680 --> 00:55:41,960
Speaker 4: that of a New Zealand carbon unit. How does one

1214
00:55:42,000 --> 00:55:44,640
Speaker 4: have such a differentiating and discrepancy in the marketplace? While

1215
00:55:44,640 --> 00:55:48,919
Speaker 4: the answer is we set our carbon prices and that's

1216
00:55:48,960 --> 00:55:51,879
Speaker 4: probably a mistake, and therefore people decide whether they want

1217
00:55:51,880 --> 00:55:53,120
Speaker 4: to pay that price, and at the moment they're not

1218
00:55:53,120 --> 00:55:55,520
Speaker 4: paying the price. What's embarrassing for the government is they

1219
00:55:55,560 --> 00:55:58,000
Speaker 4: said they would bring certainty. They've not brought certainty. What

1220
00:55:58,080 --> 00:56:00,920
Speaker 4: they have brought is uncertainty. Some of the uncertainty around

1221
00:56:00,920 --> 00:56:02,920
Speaker 4: the market is they've taken the farmers out of the

1222
00:56:02,920 --> 00:56:06,120
Speaker 4: ETS and the last week they announced that the forest

1223
00:56:06,160 --> 00:56:07,680
Speaker 4: owners are not going to have to pay an ETS

1224
00:56:07,760 --> 00:56:10,719
Speaker 4: charge for this year. All of that's good, but it's

1225
00:56:10,719 --> 00:56:12,400
Speaker 4: still uncertain because you think, well, what are we going

1226
00:56:12,480 --> 00:56:16,000
Speaker 4: to do next? Why am I buying carbon credits for

1227
00:56:16,120 --> 00:56:18,399
Speaker 4: something I don't know that we're actually going to need.

1228
00:56:18,480 --> 00:56:19,840
Speaker 4: Next thing? You know they're going to be doing a

1229
00:56:19,880 --> 00:56:21,960
Speaker 4: Peter Dutton. Peter Dutton goes, well, this paris a cord.

1230
00:56:22,000 --> 00:56:24,920
Speaker 4: Forget that that's unobtainable. We're out of that. What happens

1231
00:56:24,920 --> 00:56:26,840
Speaker 4: if they woke up and said that tomorrow and you

1232
00:56:26,880 --> 00:56:29,000
Speaker 4: don't know that they won't. They probably won't, but you

1233
00:56:29,040 --> 00:56:32,839
Speaker 4: don't know they won't. So you're not busily on Thursday

1234
00:56:33,239 --> 00:56:35,640
Speaker 4: investing in a carbon market. You've got no idea where

1235
00:56:35,680 --> 00:56:37,560
Speaker 4: it goes. So I'm not an expert on the Korean

1236
00:56:37,600 --> 00:56:41,200
Speaker 4: carbon market, but I'm assuming they have a more consistent policy,

1237
00:56:41,520 --> 00:56:44,920
Speaker 4: and what drives markets is consistency. The last thing markets

1238
00:56:44,960 --> 00:56:47,439
Speaker 4: want is surprise eight away from.

1239
00:56:47,360 --> 00:56:51,479
Speaker 1: Eight mile breakfast with Jaguar use.

1240
00:56:51,400 --> 00:56:55,080
Speaker 4: Top plain spotters. Yes it were. It was the C

1241
00:56:55,200 --> 00:56:57,920
Speaker 4: one thirties that went up to Nikola was incorrect and

1242
00:56:57,960 --> 00:56:59,600
Speaker 4: suggesting it was a seven five seven, So I think

1243
00:56:59,640 --> 00:57:02,279
Speaker 4: she was broadly saying that you know, we have capability.

1244
00:57:02,320 --> 00:57:05,840
Speaker 4: It's the individual place. Six billion worth of foreign offshore

1245
00:57:05,880 --> 00:57:08,040
Speaker 4: buyers purchased an Australia MIC in the last twelve months,

1246
00:57:08,040 --> 00:57:11,319
Speaker 4: approximately four thousand, five hundred and fifty homes. Demand would

1247
00:57:11,320 --> 00:57:12,920
Speaker 4: be there in New Zealand if we allowed them back,

1248
00:57:13,000 --> 00:57:14,920
Speaker 4: especially in the four million dollar plus category. That's what

1249
00:57:14,960 --> 00:57:18,560
Speaker 4: I'm arguing. I mean, how many new Zealanders. If some

1250
00:57:18,640 --> 00:57:21,800
Speaker 4: guy comes in from Japan he met Luxton, thought I'm

1251
00:57:21,840 --> 00:57:23,760
Speaker 4: going to get into this New Zealand. Fantastic, And he

1252
00:57:23,800 --> 00:57:26,200
Speaker 4: goes and buys a thirteen million dollar home overlooking the

1253
00:57:26,240 --> 00:57:27,960
Speaker 4: harbor and Auckland while he sets up his company. How

1254
00:57:28,000 --> 00:57:30,080
Speaker 4: many New Zealander's gay I was going to buy that?

1255
00:57:30,480 --> 00:57:33,440
Speaker 4: Not many? So let's you know, come on. So that

1256
00:57:33,560 --> 00:57:36,280
Speaker 4: was ideology on New Zealand. First part that wrecked that

1257
00:57:36,320 --> 00:57:39,920
Speaker 4: one micahdoone should be brought back, explained our actions apologized

1258
00:57:39,920 --> 00:57:42,000
Speaker 4: to a country stripped of the knighthood she was given.

1259
00:57:42,840 --> 00:57:45,320
Speaker 4: More should be looked into a total inability as a

1260
00:57:45,320 --> 00:57:48,200
Speaker 4: prime minister. Well, you voted for it. This is I mean,

1261
00:57:48,200 --> 00:57:50,160
Speaker 4: this is democracy and action. I mean, say whatever you

1262
00:57:50,200 --> 00:57:51,960
Speaker 4: want about it. But some of us were sitting there

1263
00:57:51,960 --> 00:57:53,880
Speaker 4: at the time saying, excuse me, you might want to

1264
00:57:53,880 --> 00:57:56,080
Speaker 4: wake up to what's going on here. And you all

1265
00:57:56,120 --> 00:57:59,440
Speaker 4: went out in twenty twenty and you went, we are

1266
00:57:59,600 --> 00:58:02,480
Speaker 4: loving this. I've got my stuff teddy in the window

1267
00:58:02,560 --> 00:58:05,560
Speaker 4: and I want more where that comes from? Please? Fifty

1268
00:58:05,640 --> 00:58:08,840
Speaker 4: percent of New Zealanders. And don't don't say it wasn't me,

1269
00:58:09,200 --> 00:58:11,880
Speaker 4: because it was you. One and two of you listening

1270
00:58:11,920 --> 00:58:14,680
Speaker 4: to this program, you went out and you wanted more

1271
00:58:14,720 --> 00:58:17,120
Speaker 4: where that came from. So yeah, you might have woken

1272
00:58:17,200 --> 00:58:19,240
Speaker 4: up now and you might have gone, jeez, what a

1273
00:58:19,280 --> 00:58:21,760
Speaker 4: cock up that was, but you wanted it at the time.

1274
00:58:22,120 --> 00:58:26,200
Speaker 4: Hence the importance of paying attention when it comes time

1275
00:58:26,240 --> 00:58:29,120
Speaker 4: to vote, one turning up and be working out what

1276
00:58:29,160 --> 00:58:30,959
Speaker 4: you're actually voting for.

1277
00:58:31,280 --> 00:58:34,720
Speaker 1: But we save lives, Michael.

1278
00:58:34,320 --> 00:58:39,120
Speaker 4: Did we really? Did we? Here we are years later?

1279
00:58:40,240 --> 00:58:43,240
Speaker 4: Did we really? Tom Buley? I think you're gonna like him.

1280
00:58:43,280 --> 00:58:46,600
Speaker 4: He's young, and he's going places and fast. As it

1281
00:58:46,640 --> 00:58:49,280
Speaker 4: turns out. I'll explain all his motor racing credentials for

1282
00:58:49,360 --> 00:58:51,800
Speaker 4: you directly after the News, as we introduce you to

1283
00:58:51,960 --> 00:58:55,720
Speaker 4: what is potentially motor racing's next big names. It's on

1284
00:58:55,800 --> 00:58:57,840
Speaker 4: the My Costume Breakfast after the News, which is.

1285
00:59:00,160 --> 00:59:06,000
Speaker 3: Use the Bold Opinions, the Mic Hosking Breakfast with Avida, Live,

1286
00:59:06,080 --> 00:59:09,760
Speaker 3: The Age, You Feel News, Talk, SEDB, Shut Up and.

1287
00:59:09,800 --> 00:59:26,320
Speaker 4: Drag seven past eight, you know the show, and Motorsports, Dixon, Mclonchlin,

1288
00:59:26,440 --> 00:59:28,560
Speaker 4: Armstrong fly the Flag for US and Indie Van Gisberg

1289
00:59:28,560 --> 00:59:30,400
Speaker 4: and NASCAR LII and Lawson of course waiting for his

1290
00:59:30,480 --> 00:59:32,440
Speaker 4: time and if one back, here are the next really

1291
00:59:32,440 --> 00:59:34,120
Speaker 4: big name. According to a number of analysts in the

1292
00:59:34,120 --> 00:59:37,440
Speaker 4: New Zealand Racing Sceners, Tom Buley. This year he won

1293
00:59:37,480 --> 00:59:40,400
Speaker 4: the twe out Or eighty six Championship at sixteen years old,

1294
00:59:40,400 --> 00:59:42,680
Speaker 4: major's debut in the course GT three's at the weekend

1295
00:59:43,040 --> 00:59:45,400
Speaker 4: took pole ended up in the race, coming second. So

1296
00:59:45,480 --> 00:59:48,160
Speaker 4: let's meet Tom Buley and learn some more. Tom, very

1297
00:59:48,200 --> 00:59:48,840
Speaker 4: good morning to you.

1298
00:59:50,080 --> 00:59:52,040
Speaker 16: Yeah, good morning, and thanks for having me.

1299
00:59:52,080 --> 00:59:54,080
Speaker 4: Not at all. What's it like and I don't mean

1300
00:59:54,120 --> 00:59:55,800
Speaker 4: to insult you in any way, shape or form by

1301
00:59:55,840 --> 00:59:57,720
Speaker 4: asking this question. What's it like to one day be

1302
00:59:57,840 --> 00:59:59,880
Speaker 4: racing a GT three in the next day going to school?

1303
01:00:01,360 --> 01:00:04,200
Speaker 16: Yeah, it's quite interesting, definitely, saying to go tell the

1304
01:00:04,240 --> 01:00:07,520
Speaker 16: teachers at school, which they don't really believe treos. But no,

1305
01:00:07,960 --> 01:00:11,640
Speaker 16: it's been good. You know, they've given me time to

1306
01:00:11,800 --> 01:00:13,800
Speaker 16: you know, catch them on work and stuff. But yeah,

1307
01:00:14,040 --> 01:00:15,960
Speaker 16: definitely a good story to tell our mates and tell

1308
01:00:15,960 --> 01:00:16,680
Speaker 16: all the teachers.

1309
01:00:16,720 --> 01:00:19,320
Speaker 4: Fantastic. Tell us your motor racing history. I'm assuming, like

1310
01:00:19,680 --> 01:00:21,520
Speaker 4: everyone else, you started in carts.

1311
01:00:22,200 --> 01:00:25,360
Speaker 16: Yeah definitely, Yeah, went through carts, you know, racing likes

1312
01:00:25,360 --> 01:00:27,640
Speaker 16: of Lewis Sharp and really good mates with him, and

1313
01:00:27,680 --> 01:00:30,600
Speaker 16: it's good to you know, we always give in contact

1314
01:00:30,680 --> 01:00:33,440
Speaker 16: and push each other along what we're doing and support

1315
01:00:33,440 --> 01:00:35,840
Speaker 16: each other, which is good. And just learning the basics

1316
01:00:35,880 --> 01:00:39,440
Speaker 16: about racing and race craft and what you need to

1317
01:00:40,040 --> 01:00:43,040
Speaker 16: make it to the main goal, which is racing on

1318
01:00:43,200 --> 01:00:44,040
Speaker 16: the world stage.

1319
01:00:44,160 --> 01:00:46,400
Speaker 4: What do you reckon the Is it art or is

1320
01:00:46,400 --> 01:00:49,040
Speaker 4: it science? In other words, you're gifted naturally or you

1321
01:00:49,160 --> 01:00:50,280
Speaker 4: anyone can learn it.

1322
01:00:52,320 --> 01:00:55,040
Speaker 16: There's a bit of both. I think you definitely have

1323
01:00:55,120 --> 01:00:58,920
Speaker 16: to you most these hates of people that are gifted

1324
01:00:59,000 --> 01:01:01,200
Speaker 16: naturally that make it. You know, you've got all the

1325
01:01:01,320 --> 01:01:04,120
Speaker 16: form one drivers and basically like lamb laws and stuff.

1326
01:01:04,280 --> 01:01:07,120
Speaker 16: Definitely naturally gift a good right from the starts and

1327
01:01:07,280 --> 01:01:09,680
Speaker 16: is low end stuff like that, but you definitely got

1328
01:01:09,680 --> 01:01:12,320
Speaker 16: to work towards it and put a lot of effort

1329
01:01:12,360 --> 01:01:13,640
Speaker 16: to be up the front.

1330
01:01:14,360 --> 01:01:16,600
Speaker 4: What's the difference in terms of Louie's gone on to

1331
01:01:16,760 --> 01:01:18,680
Speaker 4: single seat of stuff. He's over on the other side

1332
01:01:18,720 --> 01:01:20,680
Speaker 4: of the world, of course you've gone ten tops. Is

1333
01:01:20,720 --> 01:01:23,800
Speaker 4: it just about financing money or is it a personal preference?

1334
01:01:25,640 --> 01:01:28,280
Speaker 16: Yeah, definitely a bit of both. I mean Louis's doing

1335
01:01:28,360 --> 01:01:32,120
Speaker 16: saying that's a lot harder to get but that's his goal.

1336
01:01:32,200 --> 01:01:35,560
Speaker 16: And I'm not into single set of racing like he is,

1337
01:01:35,680 --> 01:01:38,959
Speaker 16: So I'm into, you know, rubbing doors and getting close

1338
01:01:38,960 --> 01:01:40,680
Speaker 16: to other drivers, which you can't do in a single

1339
01:01:40,720 --> 01:01:43,480
Speaker 16: seta So yeah, I guess it's more of a personal.

1340
01:01:43,200 --> 01:01:45,960
Speaker 4: Preference, right, So eighty six is tell me about the

1341
01:01:46,000 --> 01:01:48,360
Speaker 4: gap eighty six is for people who don't it's basically

1342
01:01:48,440 --> 01:01:52,120
Speaker 4: it's a hotted up Toyota. The point being, what's the

1343
01:01:52,160 --> 01:01:54,880
Speaker 4: difference between that and getting into a GT three portion?

1344
01:01:56,440 --> 01:01:59,160
Speaker 16: Yeah, definitely, it's quite the difference. Obviously for a starter,

1345
01:01:59,200 --> 01:02:00,960
Speaker 16: you're seeing on the other side of the car, so

1346
01:02:01,240 --> 01:02:04,160
Speaker 16: set of eighty six to eighty six. In the eighty

1347
01:02:04,160 --> 01:02:06,040
Speaker 16: six you're see sitting on the right side of the

1348
01:02:06,040 --> 01:02:08,600
Speaker 16: car and and the Porsche seeing on the left side

1349
01:02:08,600 --> 01:02:11,320
Speaker 16: of the car. So that's probably the main difference, just

1350
01:02:11,320 --> 01:02:14,720
Speaker 16: getting used to that and not dropping wheels off on

1351
01:02:14,760 --> 01:02:17,400
Speaker 16: the right side coming into corners and stuff like that.

1352
01:02:18,560 --> 01:02:22,680
Speaker 16: But other than that, the arrow that's huge through the corners,

1353
01:02:22,760 --> 01:02:26,240
Speaker 16: just trusting the grip and relying that the car will

1354
01:02:26,280 --> 01:02:28,520
Speaker 16: stay stuck to the track and get around the corner.

1355
01:02:28,800 --> 01:02:31,720
Speaker 4: What about the sheer power and the I mean size

1356
01:02:31,720 --> 01:02:33,840
Speaker 4: apart from anything. It's a bigger car, but the power,

1357
01:02:33,880 --> 01:02:36,400
Speaker 4: I mean, the speed you're going must be miserably different.

1358
01:02:37,440 --> 01:02:39,920
Speaker 16: Yeah, yeah, one hundred percent. I think you're probably going

1359
01:02:39,920 --> 01:02:43,680
Speaker 16: about sixty kombs in our Quaker or eight eighty kombs

1360
01:02:43,720 --> 01:02:46,400
Speaker 16: are Quaker and saying like that. And when I hopped in,

1361
01:02:46,800 --> 01:02:48,720
Speaker 16: I didn't think you could actually go that fast in

1362
01:02:48,720 --> 01:02:51,080
Speaker 16: the race car, and I never thought you'd go that

1363
01:02:51,160 --> 01:02:55,360
Speaker 16: fast ever, But no, it's an awesome experience and something

1364
01:02:55,440 --> 01:02:57,000
Speaker 16: that I'm slowly getting used to.

1365
01:02:57,000 --> 01:02:59,960
Speaker 4: The speed fantastic. What got you into motor racing from

1366
01:02:59,920 --> 01:03:04,000
Speaker 4: the very start? Where where's the interest come from?

1367
01:03:04,040 --> 01:03:06,760
Speaker 16: Definitely my brother and my dad. My brother wanted to

1368
01:03:06,800 --> 01:03:09,080
Speaker 16: go out and have a go on a go car

1369
01:03:09,200 --> 01:03:11,960
Speaker 16: and he wasn't too interested, so I decided to jump

1370
01:03:12,000 --> 01:03:14,120
Speaker 16: in and have a crack and then I kind of

1371
01:03:14,200 --> 01:03:17,760
Speaker 16: raced around the back of the field for tour so

1372
01:03:17,920 --> 01:03:20,760
Speaker 16: years and then finally something clipped and that's like actually

1373
01:03:20,800 --> 01:03:25,000
Speaker 16: passing people. So yeah, definitely my dad coming from a

1374
01:03:25,080 --> 01:03:30,000
Speaker 16: racing background himself, racing in Australia and having that at

1375
01:03:30,080 --> 01:03:30,720
Speaker 16: his career.

1376
01:03:31,760 --> 01:03:36,000
Speaker 4: But yeah, the eighty sixers I followed with with with

1377
01:03:36,200 --> 01:03:38,920
Speaker 4: an element of interest because What fascinates me about them

1378
01:03:39,000 --> 01:03:41,880
Speaker 4: is they're the same car and it's not like if

1379
01:03:41,880 --> 01:03:43,720
Speaker 4: one where you can do things to a car and

1380
01:03:43,760 --> 01:03:47,160
Speaker 4: there like Red Bull, are measurably different to you know, Williams.

1381
01:03:47,600 --> 01:03:49,720
Speaker 4: So in these eighty six is you're in the same car,

1382
01:03:49,800 --> 01:03:52,720
Speaker 4: yet somebody wins and somebody doesn't. What's the difference? What

1383
01:03:52,880 --> 01:03:53,840
Speaker 4: makes you a winner?

1384
01:03:55,680 --> 01:03:59,600
Speaker 16: Yeah? So there's nothing really can change on a tour

1385
01:03:59,640 --> 01:04:01,880
Speaker 16: at edge sex card is a few things you can

1386
01:04:01,880 --> 01:04:06,440
Speaker 16: do with suspension, camber obviously tie pressures that give you

1387
01:04:06,480 --> 01:04:09,400
Speaker 16: a little bit of advantage on depends on the conditions

1388
01:04:09,440 --> 01:04:12,240
Speaker 16: wet or dry. But to me, the best you just

1389
01:04:12,240 --> 01:04:14,200
Speaker 16: got to always you just got to hit your marks,

1390
01:04:14,240 --> 01:04:18,760
Speaker 16: make absolutely no mistakes and just be eager always to

1391
01:04:18,800 --> 01:04:21,640
Speaker 16: win and always you know, it's always down to the

1392
01:04:21,680 --> 01:04:25,160
Speaker 16: little bits of data, finding those little extra tents that

1393
01:04:25,440 --> 01:04:28,240
Speaker 16: will jump you up five or so spots.

1394
01:04:28,400 --> 01:04:30,640
Speaker 4: Right, have you jumped out of the eighty sixers now

1395
01:04:30,720 --> 01:04:32,840
Speaker 4: and you're going to be in Gt. Three's for a while,

1396
01:04:33,000 --> 01:04:34,720
Speaker 4: or you're going back to eighty six's next year?

1397
01:04:36,160 --> 01:04:36,240
Speaker 17: Now?

1398
01:04:36,560 --> 01:04:38,760
Speaker 16: Keep out of the eighty six I don't think I

1399
01:04:38,800 --> 01:04:40,680
Speaker 16: can go back, to be honest, because I'll just think

1400
01:04:40,720 --> 01:04:43,840
Speaker 16: it's too slow for me. Now, yeah for one. Now,

1401
01:04:44,040 --> 01:04:47,280
Speaker 16: definitely we'll try do some testing in the Porsche and

1402
01:04:47,320 --> 01:04:49,800
Speaker 16: then see where that ends up and hopefully you can

1403
01:04:49,840 --> 01:04:52,600
Speaker 16: head overseas and crack into something over there.

1404
01:04:52,720 --> 01:04:54,600
Speaker 4: Fantastic. Hold on, mate, don't go away. We'll come back

1405
01:04:54,600 --> 01:04:56,240
Speaker 4: in a moment Tom Buley, because part of the prize

1406
01:04:56,280 --> 01:04:58,080
Speaker 4: winning the eighty six is he gets to go somewhere

1407
01:04:58,160 --> 01:05:01,720
Speaker 4: very special. More on that in the moment past the

1408
01:05:01,880 --> 01:05:05,520
Speaker 4: make Hosking breakfast'll be fifteen minutes past a Tom Beutley's

1409
01:05:05,600 --> 01:05:08,800
Speaker 4: our guest motorsports Champion of the Future. Tom tell us

1410
01:05:08,840 --> 01:05:11,080
Speaker 4: about the prize, this newburg Ring you get to go to.

1411
01:05:11,160 --> 01:05:13,080
Speaker 4: When are you doing it? What do you know of

1412
01:05:13,160 --> 01:05:15,880
Speaker 4: the nerburg Ring? Have you watched videos going around it?

1413
01:05:15,880 --> 01:05:17,280
Speaker 4: And how fast do you reckon you can go?

1414
01:05:19,320 --> 01:05:21,880
Speaker 16: Yeah, I've been watching quite a few videos, just getting

1415
01:05:22,200 --> 01:05:26,280
Speaker 16: used to the track, and yeah, tell me awesome experience.

1416
01:05:26,360 --> 01:05:29,360
Speaker 16: Go over to Jammine driving on an international track for

1417
01:05:29,400 --> 01:05:31,400
Speaker 16: the first time in a showed a super a jigits

1418
01:05:31,440 --> 01:05:35,840
Speaker 16: war car and racing against a heap of other cool

1419
01:05:35,920 --> 01:05:39,040
Speaker 16: cars and stuff like that. So really looking forward to

1420
01:05:39,120 --> 01:05:41,600
Speaker 16: it and it should be a very good experience.

1421
01:05:41,720 --> 01:05:44,080
Speaker 4: What sort of time do you reckon you could do.

1422
01:05:46,920 --> 01:05:47,680
Speaker 10: I'm not sure.

1423
01:05:47,840 --> 01:05:50,840
Speaker 16: I think probably around a one minute thirty lap time.

1424
01:05:51,400 --> 01:05:54,800
Speaker 4: Well that's impressive. Can you memorize the whole track given

1425
01:05:54,840 --> 01:05:55,320
Speaker 4: its length?

1426
01:05:58,160 --> 01:06:00,920
Speaker 16: I no, not definitely, not the Nord's Life of the

1427
01:06:01,000 --> 01:06:03,800
Speaker 16: road track, but definitely the Grand Prix circuit they were doing.

1428
01:06:04,280 --> 01:06:07,080
Speaker 16: It's a lot shorter. It's the one that the if

1429
01:06:07,120 --> 01:06:10,800
Speaker 16: one cars and stuff used to race on. So definitely

1430
01:06:11,480 --> 01:06:15,800
Speaker 16: definitely couldn't memorize the nords Laker, but definitely, Yeah, the

1431
01:06:15,880 --> 01:06:17,200
Speaker 16: Grand Prix circuits.

1432
01:06:16,920 --> 01:06:19,480
Speaker 4: Is a lot shorter, super exciting. Who are you following

1433
01:06:19,480 --> 01:06:21,120
Speaker 4: at the moment? I look, I mean you're at what

1434
01:06:21,160 --> 01:06:22,280
Speaker 4: are you sixteen? Seventeen?

1435
01:06:23,720 --> 01:06:24,520
Speaker 16: Yeah, I'm sixteen.

1436
01:06:24,680 --> 01:06:26,440
Speaker 4: Matt Matt Pain's not too much ahead of you. Do

1437
01:06:26,480 --> 01:06:28,080
Speaker 4: you look at him in the supercars and think that

1438
01:06:28,120 --> 01:06:28,600
Speaker 4: could be you?

1439
01:06:30,560 --> 01:06:30,760
Speaker 12: Yeah?

1440
01:06:30,800 --> 01:06:32,640
Speaker 16: Definitely Hamm and Ryan. You know, Ryan's got a good

1441
01:06:32,720 --> 01:06:35,400
Speaker 16: cat and bushima to him and he's anly an awesome

1442
01:06:35,440 --> 01:06:38,320
Speaker 16: job over there, and so I was Matt Paine. So

1443
01:06:38,360 --> 01:06:40,320
Speaker 16: that's definitely where I want to end up racing with

1444
01:06:40,360 --> 01:06:43,640
Speaker 16: those guys. And yeah, that's my gone. I'm not going

1445
01:06:43,720 --> 01:06:44,920
Speaker 16: to stop until get the.

1446
01:06:45,120 --> 01:06:47,400
Speaker 4: Good on you. Does it help, because this is the

1447
01:06:47,440 --> 01:06:50,080
Speaker 4: often asked question in sport. If you see other people

1448
01:06:50,120 --> 01:06:51,960
Speaker 4: doing it, you're aspired to do it. I mean if

1449
01:06:51,960 --> 01:06:53,600
Speaker 4: you by the time you do your you know your

1450
01:06:53,720 --> 01:06:57,920
Speaker 4: your bur Indies, yours cars, your f ones, your supercars.

1451
01:06:57,960 --> 01:07:00,200
Speaker 4: I mean there's so many people from New Zealand up

1452
01:07:00,200 --> 01:07:04,560
Speaker 4: there doing so well. Does that encourage you to chase

1453
01:07:04,600 --> 01:07:06,280
Speaker 4: your dream as well? Knowing it is.

1454
01:07:06,240 --> 01:07:11,920
Speaker 16: Possible, Yes, definitely, But you've got to staying pose and

1455
01:07:12,000 --> 01:07:14,320
Speaker 16: stick to your own track and just make it at

1456
01:07:14,320 --> 01:07:16,720
Speaker 16: your own pace. You know, don't compare it up to

1457
01:07:16,760 --> 01:07:20,400
Speaker 16: other people and how fast they're going and where they're

1458
01:07:20,400 --> 01:07:23,160
Speaker 16: heading to and what they're racing. It's just about sticking

1459
01:07:23,200 --> 01:07:25,040
Speaker 16: on your track and doing your own things.

1460
01:07:25,120 --> 01:07:27,800
Speaker 4: Good stuff you year twelve or thirteen.

1461
01:07:29,040 --> 01:07:29,800
Speaker 16: A year twelve?

1462
01:07:29,920 --> 01:07:30,800
Speaker 4: What are you doing.

1463
01:07:33,160 --> 01:07:37,120
Speaker 16: Currently? I'm doing at school just the classes for automotive

1464
01:07:37,640 --> 01:07:40,840
Speaker 16: being just another little learning curve to get my head

1465
01:07:40,840 --> 01:07:44,440
Speaker 16: around learning more about the cars and just a bit

1466
01:07:44,440 --> 01:07:46,400
Speaker 16: of an after schoolwork and stuff like that.

1467
01:07:46,520 --> 01:07:50,120
Speaker 4: Fantastic, Well go well, everyone speaks so highly of you

1468
01:07:50,120 --> 01:07:52,320
Speaker 4: and the eighty six victory is a very good start

1469
01:07:52,360 --> 01:07:54,760
Speaker 4: and I hope the newburg Ring is fantastic and good

1470
01:07:54,760 --> 01:07:56,680
Speaker 4: to meet and talk with you, and I'm sure we'll

1471
01:07:56,680 --> 01:07:57,160
Speaker 4: talk again.

1472
01:07:58,680 --> 01:08:00,760
Speaker 16: Yeah cool, Thank you, good on your nice to talk.

1473
01:08:00,920 --> 01:08:03,680
Speaker 4: Tom Buley, who was sixteen years old. As you heard one,

1474
01:08:03,720 --> 01:08:05,720
Speaker 4: the Toyota eighty six has been and the GT three

1475
01:08:05,760 --> 01:08:08,520
Speaker 4: over the weekend drove on fresh tires, brand new tires,

1476
01:08:08,520 --> 01:08:11,120
Speaker 4: which I didn't realize was a thing I would have

1477
01:08:11,160 --> 01:08:12,960
Speaker 4: thought of. You got experience, you always had new tires

1478
01:08:12,960 --> 01:08:14,720
Speaker 4: at some point. But he'd never been on new tires,

1479
01:08:14,760 --> 01:08:17,439
Speaker 4: new slick tires for the weekend, so he got polled.

1480
01:08:17,560 --> 01:08:20,799
Speaker 4: Came second, and there is a name to watch nineteen

1481
01:08:20,840 --> 01:08:21,519
Speaker 4: past eight.

1482
01:08:22,479 --> 01:08:26,400
Speaker 3: The Mike Hosking Breakfast with Bailey's Real Estate News Talk savy.

1483
01:08:27,120 --> 01:08:29,080
Speaker 4: When you're running a business, getting your aim seen as

1484
01:08:29,080 --> 01:08:31,240
Speaker 4: often as possible, that's the key to success. Of course,

1485
01:08:31,320 --> 01:08:34,640
Speaker 4: really savvy entrepreneurs are out there all about mobile visibility

1486
01:08:34,800 --> 01:08:37,240
Speaker 4: with their business message on their vehicle, so speedy signs.

1487
01:08:37,240 --> 01:08:39,840
Speaker 4: They can deck out your car truck. We're by catching

1488
01:08:39,840 --> 01:08:41,840
Speaker 4: graphics and wraps. Now you've already you know, you're already

1489
01:08:41,920 --> 01:08:44,519
Speaker 4: driving around town obviously making deliveries, heading to job sites,

1490
01:08:44,560 --> 01:08:46,280
Speaker 4: that sort of thing, so you might as well take

1491
01:08:46,280 --> 01:08:49,679
Speaker 4: advantage of the traffic amplify your visibility. So Speedy Signs

1492
01:08:49,720 --> 01:08:53,439
Speaker 4: there New Zealand's largest national sign company. They say that

1493
01:08:53,439 --> 01:08:55,599
Speaker 4: when you've got good sign of John your vehicle, it's

1494
01:08:55,640 --> 01:08:57,920
Speaker 4: doing a lot of selling for you, even if you parked.

1495
01:08:58,160 --> 01:09:00,960
Speaker 4: Imagine if you sign written vehicle parked outside a store

1496
01:09:01,000 --> 01:09:03,200
Speaker 4: that sells your product, You're going to be top of

1497
01:09:03,200 --> 01:09:05,680
Speaker 4: mind for everybody who goes into that shop having just

1498
01:09:05,720 --> 01:09:08,519
Speaker 4: walked past your vehicle, increasing the chances of your product

1499
01:09:08,560 --> 01:09:10,400
Speaker 4: being brought. Of course, Speedy Science are going to make

1500
01:09:10,439 --> 01:09:13,439
Speaker 4: sure your graphics look sharp and professional. They're on eight

1501
01:09:13,520 --> 01:09:17,360
Speaker 4: hundred Speedy Oh, eight hundred Speedy Speedy Science. If you

1502
01:09:17,400 --> 01:09:19,000
Speaker 4: want to all the details online, you can go there

1503
01:09:19,000 --> 01:09:22,120
Speaker 4: as well. Speedy Sience one word Speedy Signs dot co

1504
01:09:22,479 --> 01:09:25,760
Speaker 4: dots in z Skett. If we only had more youth

1505
01:09:25,880 --> 01:09:28,519
Speaker 4: like him, Yes, play Mike. All those motorsport guys very eloquent.

1506
01:09:28,600 --> 01:09:31,040
Speaker 4: Yes they are. I pretty much memorize the Newburg Mike

1507
01:09:31,120 --> 01:09:33,479
Speaker 4: on my PlayStation. Yeah, there's a couple of Newburg's and

1508
01:09:33,520 --> 01:09:35,240
Speaker 4: I got the one wrong one, the one I was

1509
01:09:35,280 --> 01:09:37,120
Speaker 4: thinking of as one that sort of anyone can turn

1510
01:09:37,200 --> 01:09:38,400
Speaker 4: up to with a car and you go around at

1511
01:09:38,479 --> 01:09:42,479
Speaker 4: last four ages. He's going to the track Newburg. Mike,

1512
01:09:42,520 --> 01:09:44,479
Speaker 4: good on you for having these young fellas on the morning.

1513
01:09:44,560 --> 01:09:47,120
Speaker 4: So I've raised motorsport New Zealand and abroad for thirty years.

1514
01:09:47,560 --> 01:09:49,599
Speaker 4: It is so hard for these guys to get recognition.

1515
01:09:49,840 --> 01:09:51,760
Speaker 4: There is so much talent in this country and having

1516
01:09:51,760 --> 01:09:55,960
Speaker 4: them brought to the forefront is invaluable. Paul, great pleasure.

1517
01:09:57,040 --> 01:09:58,720
Speaker 4: Anything we can do to help young people get to

1518
01:09:58,760 --> 01:10:02,639
Speaker 4: places we're into in a big way. TDK, who make

1519
01:10:02,680 --> 01:10:07,040
Speaker 4: the batteries for Apple, have announced this morning they've developed

1520
01:10:07,040 --> 01:10:11,080
Speaker 4: a material for its solid state batteries. Solid state allegedly

1521
01:10:11,920 --> 01:10:14,240
Speaker 4: is the future if Toyota. Those sort of people once

1522
01:10:14,280 --> 01:10:17,400
Speaker 4: they've finished voting the chairman out or sorting out their

1523
01:10:17,800 --> 01:10:22,400
Speaker 4: compliance issues scandal in Japan today they seem bullish ishue

1524
01:10:22,800 --> 01:10:25,600
Speaker 4: on solid state. Car manufacturers think of they can do

1525
01:10:25,680 --> 01:10:28,400
Speaker 4: solid state in a way that's applicable and put into cars,

1526
01:10:28,439 --> 01:10:30,679
Speaker 4: then we're often running. That means basically, you can charge

1527
01:10:30,720 --> 01:10:33,120
Speaker 4: it super fast, you can go for one hundreds of

1528
01:10:33,160 --> 01:10:35,799
Speaker 4: miles NonStop. Solid state seems to be the answer anyway.

1529
01:10:35,800 --> 01:10:39,240
Speaker 4: They've done it for these watches and wearables, so it

1530
01:10:39,280 --> 01:10:42,559
Speaker 4: comes in direct direct contact with the human body. They

1531
01:10:42,680 --> 01:10:47,200
Speaker 4: use oxide based solid electrolytes. That makes them extremely safe.

1532
01:10:47,280 --> 01:10:52,479
Speaker 4: Quote unquote estimated energy density of a thousand what hours

1533
01:10:52,600 --> 01:10:55,240
Speaker 4: per liter, which is and this gives you an understanding

1534
01:10:55,280 --> 01:10:58,360
Speaker 4: of what solid state does is one hundred times greater

1535
01:10:58,920 --> 01:11:02,320
Speaker 4: than the energy density currently of these mass produce solicitdes.

1536
01:11:02,360 --> 01:11:04,559
Speaker 4: So when you're wearing your weariables, you have your wiredess,

1537
01:11:04,560 --> 01:11:09,040
Speaker 4: hear phones, you're hearing aids, you're smart watches are expected

1538
01:11:09,080 --> 01:11:11,360
Speaker 4: to be produced in an all ceramic material. And that

1539
01:11:11,479 --> 01:11:13,720
Speaker 4: is the end of that. So that's super exciting as

1540
01:11:13,720 --> 01:11:15,160
Speaker 4: far as I can work out, as long as it

1541
01:11:15,200 --> 01:11:17,920
Speaker 4: comes to pass here, isn't it ending up this? I

1542
01:11:18,080 --> 01:11:21,040
Speaker 4: walk a very fine line on because I'm not an

1543
01:11:21,080 --> 01:11:25,759
Speaker 4: anti vaxxer, and but there are questions to be asked,

1544
01:11:26,240 --> 01:11:29,040
Speaker 4: and there are continuing to be unfolding stories, one of

1545
01:11:29,040 --> 01:11:33,200
Speaker 4: which is as follows the Kansas City Attorney General this morning,

1546
01:11:33,400 --> 01:11:38,519
Speaker 4: guy called Kobac is suing Pfizer and they're suing fires

1547
01:11:38,520 --> 01:11:42,240
Speaker 4: are for deceptively marketing the JAB. It's in a state court,

1548
01:11:42,520 --> 01:11:45,960
Speaker 4: one of several states taking legal action against Phiser, his

1549
01:11:46,160 --> 01:11:48,680
Speaker 4: argument being vaccines. I suppose I should check as Chris

1550
01:11:48,720 --> 01:11:50,600
Speaker 4: a manner or woman. We should check that, shouldn't I

1551
01:11:50,640 --> 01:11:56,360
Speaker 4: a man? Okay? Vaccines became as vaccines became available, cansin's

1552
01:11:56,560 --> 01:11:58,560
Speaker 4: as they're on, had to decide whether to get a

1553
01:11:58,640 --> 01:12:01,280
Speaker 4: vaccine in which one to take as his legal argument,

1554
01:12:01,640 --> 01:12:05,240
Speaker 4: fires are made representations or what he argues, and misrepresentations

1555
01:12:05,680 --> 01:12:07,799
Speaker 4: of a safe and effective vaccine, and that the company

1556
01:12:07,840 --> 01:12:10,680
Speaker 4: said the vaccine was safe even as it knew it

1557
01:12:10,760 --> 01:12:14,880
Speaker 4: was connected to the side effects myocardiatis and perricadatus. Now

1558
01:12:15,240 --> 01:12:17,479
Speaker 4: these stories aren't being covered by what you would loosely

1559
01:12:17,479 --> 01:12:20,240
Speaker 4: call mainstream media. And my argument is, and this is

1560
01:12:20,240 --> 01:12:22,519
Speaker 4: why a walk a fine line. I'm not an anti vaxer,

1561
01:12:22,560 --> 01:12:24,719
Speaker 4: I'm not a nutter, I'm not a tin hat wearer.

1562
01:12:25,520 --> 01:12:31,320
Speaker 4: But when an attorney general of a state, all politics

1563
01:12:31,320 --> 01:12:33,439
Speaker 4: in America aside, and I know it happens often it'll

1564
01:12:33,520 --> 01:12:34,920
Speaker 4: end up in the Supreme Court and so on and

1565
01:12:34,960 --> 01:12:38,080
Speaker 4: so forth. I get all of that. But when a

1566
01:12:38,080 --> 01:12:42,880
Speaker 4: attorney general in a state sue somebody in a court

1567
01:12:42,960 --> 01:12:47,120
Speaker 4: of law, that is news because as political as they

1568
01:12:47,160 --> 01:12:49,800
Speaker 4: may be, and this person's a Republican, as political as

1569
01:12:49,800 --> 01:12:52,719
Speaker 4: they may be, they don't do it because they're bought.

1570
01:12:52,840 --> 01:12:55,920
Speaker 4: I mean, we didn't have much trouble finding time for

1571
01:12:55,960 --> 01:12:58,519
Speaker 4: the Trump trial in New York, which was an ag

1572
01:12:58,760 --> 01:13:02,400
Speaker 4: going after a former president. So when ag su it's

1573
01:13:02,439 --> 01:13:04,679
Speaker 4: worth following up on. And you will see the story

1574
01:13:04,680 --> 01:13:07,679
Speaker 4: as far as I can work out, nowhere, nowhere anywhere,

1575
01:13:07,720 --> 01:13:10,320
Speaker 4: So why not? And that's not the only states, one

1576
01:13:10,360 --> 01:13:12,160
Speaker 4: of several states who are doing it, and there are

1577
01:13:12,200 --> 01:13:13,880
Speaker 4: a lot of questions. And this was the other thing

1578
01:13:13,920 --> 01:13:15,880
Speaker 4: I mentioned, what would it be a month ago now?

1579
01:13:16,160 --> 01:13:19,599
Speaker 4: The British case which is as yet unresolved, where one

1580
01:13:19,600 --> 01:13:24,080
Speaker 4: of the drug companies has in legal letters admitted that

1581
01:13:24,120 --> 01:13:26,640
Speaker 4: there were issues with their vaccine and that's yet to

1582
01:13:26,680 --> 01:13:29,040
Speaker 4: play out in the court. It's underwritten, of course by

1583
01:13:29,040 --> 01:13:30,960
Speaker 4: the British government. They said if there's any court action

1584
01:13:31,040 --> 01:13:34,360
Speaker 4: from the vaccines we buy, we will underwrite. So that's

1585
01:13:34,400 --> 01:13:36,840
Speaker 4: playing out in courts in major courts all over the

1586
01:13:36,880 --> 01:13:39,200
Speaker 4: world at the moment. So it's still a live story

1587
01:13:39,880 --> 01:13:43,040
Speaker 4: and therefore is worth reporting to at least some degree

1588
01:13:43,320 --> 01:13:45,280
Speaker 4: news for you and a couple of moments. And speaking

1589
01:13:45,280 --> 01:13:48,000
Speaker 4: of Britain, the campaign trail continues to be ever interesting,

1590
01:13:48,080 --> 01:13:50,880
Speaker 4: with the Reform Party launching their campaign this morning. We

1591
01:13:50,960 --> 01:13:53,040
Speaker 4: will have more with Rod Little after the News, which

1592
01:13:53,080 --> 01:13:53,880
Speaker 4: is nextll.

1593
01:13:56,200 --> 01:14:01,040
Speaker 3: Your trusted source for news and fuse the asking Breakfast

1594
01:14:01,320 --> 01:14:04,040
Speaker 3: with Jaguar the Art of Performance.

1595
01:14:03,640 --> 01:14:05,920
Speaker 4: News Talks d be Thank you Mike for mentioning the

1596
01:14:06,000 --> 01:14:08,960
Speaker 4: Kansas Attorney general suing Phizer. It's refreshing to finally have

1597
01:14:09,040 --> 01:14:11,080
Speaker 4: the courage to speak the truth name you see, this

1598
01:14:11,160 --> 01:14:13,840
Speaker 4: is this is this is this is overstepping the mark.

1599
01:14:14,120 --> 01:14:18,680
Speaker 4: There's no courage to speak the truth. It's not a scandal.

1600
01:14:19,160 --> 01:14:23,000
Speaker 4: I don't know eighteen people who died. It's nothing like that.

1601
01:14:23,160 --> 01:14:25,960
Speaker 4: It's just that when you're dealing with something as complex

1602
01:14:26,439 --> 01:14:29,280
Speaker 4: as well one of COVID or a you know, major

1603
01:14:29,360 --> 01:14:34,800
Speaker 4: medical outbreak and two very rapidly developed vaccines, there are

1604
01:14:34,920 --> 01:14:36,800
Speaker 4: questions that need to be asked. So I'm trying to

1605
01:14:36,840 --> 01:14:39,320
Speaker 4: walk this line between you know, people are going that's right,

1606
01:14:39,439 --> 01:14:42,360
Speaker 4: let's get them, and you know there's none of that, Mike.

1607
01:14:42,400 --> 01:14:45,000
Speaker 4: I'm I'm not a tin hatter either. However, the British

1608
01:14:45,040 --> 01:14:47,679
Speaker 4: Journal of Medicine has had in its latest edition covered

1609
01:14:47,680 --> 01:14:49,280
Speaker 4: the issue of excess deaths in the UK over the

1610
01:14:49,320 --> 01:14:52,200
Speaker 4: past three years since the release of COVID vaccines. Interestingly,

1611
01:14:52,240 --> 01:14:54,840
Speaker 4: this report hasn't had any courage in the mainstream media here.

1612
01:14:54,880 --> 01:14:58,160
Speaker 4: That's not true. We covered it. I can't remember when,

1613
01:14:58,200 --> 01:15:00,320
Speaker 4: but a couple of weeks ago. I alerted you several

1614
01:15:00,360 --> 01:15:02,960
Speaker 4: times over to what's happening in the British courts and

1615
01:15:03,880 --> 01:15:07,720
Speaker 4: look it up, because there was a admission from I

1616
01:15:07,920 --> 01:15:09,880
Speaker 4: was it Madona? It was Madonna?

1617
01:15:09,960 --> 01:15:10,040
Speaker 12: Was it?

1618
01:15:10,160 --> 01:15:12,320
Speaker 4: Yeah, in Madonna because the British bought the Madonna jab.

1619
01:15:12,640 --> 01:15:15,720
Speaker 4: It was Madonna in their legal papers who said they

1620
01:15:15,840 --> 01:15:18,760
Speaker 4: were aware that there were some issues that needed to

1621
01:15:18,800 --> 01:15:21,800
Speaker 4: be addressed. That's now in play in court. So that's

1622
01:15:21,800 --> 01:15:23,400
Speaker 4: what I'm trying to deal with. I'm not trying to

1623
01:15:23,400 --> 01:15:26,320
Speaker 4: deal with the conspiracy theories and all the crazies and

1624
01:15:26,360 --> 01:15:28,479
Speaker 4: all the people who knew who died and it's all

1625
01:15:28,560 --> 01:15:30,280
Speaker 4: under the cover and all that sort of stuff. I'm

1626
01:15:30,320 --> 01:15:33,200
Speaker 4: just trying to deal with what's actually in court and

1627
01:15:33,400 --> 01:15:36,439
Speaker 4: is in play in the public domain with attorneys general

1628
01:15:36,600 --> 01:15:39,200
Speaker 4: and with courts in places like America and Britain. So

1629
01:15:39,880 --> 01:15:42,280
Speaker 4: as always in these complex issues, you got people on

1630
01:15:42,280 --> 01:15:44,120
Speaker 4: one side, people on the other end. All I'm trying

1631
01:15:44,160 --> 01:15:45,599
Speaker 4: to do is steer it down the middle twenty two

1632
01:15:45,600 --> 01:15:46,879
Speaker 4: minutes away from nine.

1633
01:15:46,960 --> 01:15:50,840
Speaker 2: International Correspondence with Ends and Eye Insurance, Peace of Mind

1634
01:15:50,880 --> 01:15:52,520
Speaker 2: for New Zealand Business Brittle.

1635
01:15:52,280 --> 01:15:55,000
Speaker 10: Mcgo and the campaign Raw No Little, Good Morning, Good

1636
01:15:55,080 --> 01:15:55,960
Speaker 10: Morning Tune Make So.

1637
01:15:56,000 --> 01:15:57,960
Speaker 4: A couple of hours ago the manifesto was launched for

1638
01:15:58,000 --> 01:16:01,280
Speaker 4: the Reform Party. It's out of the box thinking. According

1639
01:16:01,320 --> 01:16:03,840
Speaker 4: to Nige Nige, when the pole came out the other

1640
01:16:03,880 --> 01:16:05,880
Speaker 4: day and he's beating the Tories, must be having the

1641
01:16:05,920 --> 01:16:06,679
Speaker 4: time of his life.

1642
01:16:08,439 --> 01:16:11,799
Speaker 10: He is an agent of misrule who is thoroughly enjoying himself.

1643
01:16:12,680 --> 01:16:17,559
Speaker 10: It's like a second resurrection for him, he having carried

1644
01:16:17,560 --> 01:16:21,519
Speaker 10: Britain to leaving the European Union back in twenty sixteen. Yes,

1645
01:16:21,720 --> 01:16:23,400
Speaker 10: he is having the time of his life, and so

1646
01:16:24,280 --> 01:16:27,519
Speaker 10: of course our the Reform Party, who prior to his

1647
01:16:27,640 --> 01:16:31,479
Speaker 10: intervention and the news that he would lead the party

1648
01:16:31,520 --> 01:16:37,240
Speaker 10: and stand in Clacton, were looking pretty bereft and would

1649
01:16:37,240 --> 01:16:42,760
Speaker 10: have made scant difference to this particular election. It's all

1650
01:16:42,840 --> 01:16:46,640
Speaker 10: changed now. The latest polls suggest that in many constituencies

1651
01:16:46,720 --> 01:16:51,120
Speaker 10: Reform is way ahead, and the national polls are suggesting

1652
01:16:51,160 --> 01:16:51,880
Speaker 10: that their neck and.

1653
01:16:51,880 --> 01:16:55,040
Speaker 4: Neck amazing, isn't it. That's what I wanted to ask you, sir,

1654
01:16:55,320 --> 01:16:58,439
Speaker 4: since we last talked nineteen seventeen or nineteen eighteen or

1655
01:16:58,479 --> 01:17:01,960
Speaker 4: whatever it was. Does it trends like those into seats

1656
01:17:02,040 --> 01:17:04,360
Speaker 4: once again, this first past the post system. Can they

1657
01:17:04,439 --> 01:17:06,519
Speaker 4: win actual seats? And if they can, how many?

1658
01:17:08,200 --> 01:17:13,160
Speaker 10: It still doesn't translate. Frankly, it may translate if the

1659
01:17:13,439 --> 01:17:16,679
Speaker 10: trajectory is right at the moment, into four or five seats.

1660
01:17:17,280 --> 01:17:21,599
Speaker 10: It is so incredibly difficult to break into the two

1661
01:17:21,720 --> 01:17:24,240
Speaker 10: party system which we have here because of the first

1662
01:17:24,240 --> 01:17:28,680
Speaker 10: part of post system. They've got to be getting up

1663
01:17:28,720 --> 01:17:32,360
Speaker 10: towards thirty percent of the vote before they really really

1664
01:17:32,439 --> 01:17:36,200
Speaker 10: start to get large numbers of seats. That's the problem

1665
01:17:36,240 --> 01:17:39,920
Speaker 10: they have. It's a problem all the non main two

1666
01:17:40,000 --> 01:17:44,280
Speaker 10: or three parties have and that remains the case. But

1667
01:17:44,479 --> 01:17:47,840
Speaker 10: what it does, I mean, it takes an enormous swaye

1668
01:17:47,880 --> 01:17:51,720
Speaker 10: of votes off the Conservative Party. There's increasing evidence, and

1669
01:17:51,800 --> 01:17:54,599
Speaker 10: kirs Stalin has been asked about this, that they're taking

1670
01:17:54,680 --> 01:17:56,800
Speaker 10: quite a large sway of votes off the Labor Party

1671
01:17:56,840 --> 01:17:59,479
Speaker 10: as well. And that would figure because of course, an

1672
01:17:59,479 --> 01:18:03,400
Speaker 10: author of the red Wall seats were people who wanted Brexit,

1673
01:18:04,240 --> 01:18:08,439
Speaker 10: were in favor of a very conservative social policy, and

1674
01:18:10,520 --> 01:18:13,600
Speaker 10: they've switched back to Labor. But now say, ah, yeah, no,

1675
01:18:13,760 --> 01:18:14,760
Speaker 10: that's what we agree with.

1676
01:18:14,840 --> 01:18:18,519
Speaker 4: Really, I was watching We're streeting over the weekend. He's

1677
01:18:18,520 --> 01:18:20,920
Speaker 4: a labor man, and he was sort of refusing to

1678
01:18:20,960 --> 01:18:24,759
Speaker 4: rule that council text rises, reevaluations, all that sort of stuff.

1679
01:18:25,080 --> 01:18:28,200
Speaker 4: When they talk about that stuff or when labors pressed

1680
01:18:28,200 --> 01:18:31,000
Speaker 4: on that stuff. Is there any fear out there that

1681
01:18:31,040 --> 01:18:33,160
Speaker 4: they're going to say one thing and do something completely

1682
01:18:33,160 --> 01:18:34,240
Speaker 4: different when they're in government.

1683
01:18:35,560 --> 01:18:37,800
Speaker 10: Yes, there is. I mean that there is a feeling

1684
01:18:37,880 --> 01:18:41,639
Speaker 10: that they're going to raise taxes. I suspect the feeling

1685
01:18:41,720 --> 01:18:44,320
Speaker 10: that they're going to raise taxes in many, many areas,

1686
01:18:44,600 --> 01:18:47,360
Speaker 10: which will injurious be injurious to a lot of people.

1687
01:18:47,920 --> 01:18:51,679
Speaker 10: But to a great degree, the public sort of signed

1688
01:18:51,760 --> 01:18:55,760
Speaker 10: up to that. It's kind of baked in. I don't

1689
01:18:55,760 --> 01:19:00,280
Speaker 10: think there is a great reluctance amongst the public to

1690
01:19:00,320 --> 01:19:04,639
Speaker 10: support more investment in public services and industry. There may

1691
01:19:04,680 --> 01:19:09,160
Speaker 10: be a greater reluctance to invest in our welfare bill,

1692
01:19:09,680 --> 01:19:12,840
Speaker 10: you know, but those nuances don't come through it during

1693
01:19:12,880 --> 01:19:13,879
Speaker 10: an election campaign.

1694
01:19:15,040 --> 01:19:16,759
Speaker 4: How's your campaign going? Rod?

1695
01:19:18,760 --> 01:19:24,200
Speaker 10: Quietly, Mike, It's okay. I was out leaveletting today and

1696
01:19:24,240 --> 01:19:28,920
Speaker 10: nobody actually assaulted me. I wasn't milkshaked. I looked after

1697
01:19:28,960 --> 01:19:33,040
Speaker 10: a constituent's dog while he went into the chemists. Are

1698
01:19:33,080 --> 01:19:35,599
Speaker 10: we doing all right? But but you know, you do

1699
01:19:35,720 --> 01:19:39,200
Speaker 10: have to stress help. I've got the backing of reform,

1700
01:19:39,800 --> 01:19:41,720
Speaker 10: even though I disagree with them on a bunch of

1701
01:19:41,760 --> 01:19:47,919
Speaker 10: issues for this election. But you cannot overstress how difficult

1702
01:19:47,960 --> 01:19:50,519
Speaker 10: it is to make headway in a system which is

1703
01:19:50,560 --> 01:19:54,559
Speaker 10: basically set up for two parties. And the reason it's

1704
01:19:54,760 --> 01:19:56,760
Speaker 10: up for two parties is to ensure a degree of

1705
01:19:56,800 --> 01:20:01,960
Speaker 10: stability and to mitigate against change. The feeling from the

1706
01:20:02,000 --> 01:20:04,160
Speaker 10: elector at the moment is so what it really wants

1707
01:20:04,320 --> 01:20:06,040
Speaker 10: is change, and that's a problem.

1708
01:20:06,160 --> 01:20:08,960
Speaker 4: Okay, Rob, go well, Rob Little with us not back

1709
01:20:09,000 --> 01:20:13,280
Speaker 4: Thursday's got a campaign meeting like a campaign debate on

1710
01:20:13,320 --> 01:20:15,360
Speaker 4: the Thursday night when we normally talk to him, and

1711
01:20:15,439 --> 01:20:17,760
Speaker 4: so he'll be back with his next Tuesday. By the way,

1712
01:20:17,800 --> 01:20:20,519
Speaker 4: it is seventeen away from nine Laski. As far as

1713
01:20:20,560 --> 01:20:23,519
Speaker 4: money is concerned, the Labour Party raised three hundred and

1714
01:20:23,520 --> 01:20:27,440
Speaker 4: fifty one thousand pounds more in donations than the Conservatives

1715
01:20:27,479 --> 01:20:30,200
Speaker 4: in the first week of the campaign. That's according to

1716
01:20:30,520 --> 01:20:33,479
Speaker 4: Electoral Commission. Labor raised just under a million pounds nine

1717
01:20:33,520 --> 01:20:35,120
Speaker 4: hundred and twenty six serves as not much, is it

1718
01:20:35,120 --> 01:20:36,320
Speaker 4: when you think about it. If you look at the

1719
01:20:36,439 --> 01:20:38,680
Speaker 4: numbers out of America, the tens of millions that they

1720
01:20:38,720 --> 01:20:41,320
Speaker 4: raised in very short periods of time, Labour's raised just

1721
01:20:41,320 --> 01:20:43,800
Speaker 4: a million or nine hundred and twenty six thousand, Conservatives

1722
01:20:44,000 --> 01:20:46,360
Speaker 4: five hundred and seventy four. That tells you something, doesn't it. Jeez?

1723
01:20:46,360 --> 01:20:48,760
Speaker 4: When the Labour Party are raising nine hundred plus and

1724
01:20:48,800 --> 01:20:51,680
Speaker 4: the Conservatives are barely over half a million. Libdems four

1725
01:20:51,640 --> 01:20:54,519
Speaker 4: to fifty. I mean the lib Dems appalling in almost

1726
01:20:54,520 --> 01:20:56,840
Speaker 4: as much money as the Tories. Scottish National part one

1727
01:20:56,880 --> 01:20:59,000
Speaker 4: hundred and twenty seven Reform one hundred and forty as

1728
01:20:59,000 --> 01:21:02,120
Speaker 4: in one thousand, So they are completely different numbers, aren't they?

1729
01:21:02,120 --> 01:21:05,200
Speaker 1: Sixteen too the Myke hosting breakfast.

1730
01:21:06,160 --> 01:21:10,120
Speaker 4: Scooter Braun's just announced he's retiring from music management, so

1731
01:21:10,240 --> 01:21:14,439
Speaker 4: Taylor will write a song about that. Work from home

1732
01:21:15,120 --> 01:21:17,240
Speaker 4: is coming to an need. As far as I can

1733
01:21:17,280 --> 01:21:19,760
Speaker 4: work out, we never got quite as affected by work

1734
01:21:19,800 --> 01:21:21,679
Speaker 4: from home as some other places in the world did,

1735
01:21:22,080 --> 01:21:25,800
Speaker 4: especially places like America, certainly Britain and throughout Europe. They've

1736
01:21:25,800 --> 01:21:27,920
Speaker 4: had to basically go to them and go you must

1737
01:21:28,040 --> 01:21:30,280
Speaker 4: leave your house and come back to the office now,

1738
01:21:30,320 --> 01:21:32,240
Speaker 4: And there have been mandates for things like that, whereas

1739
01:21:32,280 --> 01:21:35,680
Speaker 4: we've seen, broadly speaking, to have occasionally we seem to

1740
01:21:35,680 --> 01:21:37,960
Speaker 4: get into a bit of a hybrid, but most people

1741
01:21:37,960 --> 01:21:39,400
Speaker 4: seem to be back in the office anyway. We've got

1742
01:21:39,439 --> 01:21:41,320
Speaker 4: trade me data this morning, working from home top ten

1743
01:21:41,360 --> 01:21:45,120
Speaker 4: highest paid roles. Is it unusual to look at roles

1744
01:21:45,120 --> 01:21:47,479
Speaker 4: and you don't know what they are? It's just I

1745
01:21:47,520 --> 01:21:50,320
Speaker 4: find that listen to some of these jobs. A highest

1746
01:21:50,320 --> 01:21:51,880
Speaker 4: paid job that you can do from home now is

1747
01:21:51,880 --> 01:21:54,160
Speaker 4: a project management. So I mean, what does that even mean?

1748
01:21:54,200 --> 01:21:56,280
Speaker 4: I mean project management? You manage a project. Yes, I

1749
01:21:56,360 --> 01:21:58,800
Speaker 4: understand that, but I mean there's anything more specific than that.

1750
01:21:58,800 --> 01:22:02,360
Speaker 4: Can you manage any project? Or is it something specific

1751
01:22:02,400 --> 01:22:04,160
Speaker 4: in ite anyway? One hundred and thirty thousand dollars. That's

1752
01:22:04,160 --> 01:22:05,760
Speaker 4: the highest page job you can getting work from home.

1753
01:22:05,840 --> 01:22:09,240
Speaker 4: Projects and Contracts management one hundred and twenty two thousand dollars.

1754
01:22:09,240 --> 01:22:11,679
Speaker 4: Civil and Structural engineering. How can you be a civil

1755
01:22:11,760 --> 01:22:14,640
Speaker 4: or structural engineer from home? Don't you actually have to

1756
01:22:14,640 --> 01:22:16,479
Speaker 4: build something? I mean, if you're an engineer, aren't you

1757
01:22:16,520 --> 01:22:19,320
Speaker 4: eventually going to build something that's not outside, not inside

1758
01:22:19,320 --> 01:22:21,479
Speaker 4: your home? Or are you just building everything in your lounge?

1759
01:22:22,479 --> 01:22:26,360
Speaker 4: Lots of lego business and systems analysts to analyze something?

1760
01:22:26,400 --> 01:22:29,240
Speaker 4: Is it all online these days? So business and systems analyst?

1761
01:22:29,280 --> 01:22:32,639
Speaker 4: I literally what does that mean? I have no idea

1762
01:22:32,680 --> 01:22:35,439
Speaker 4: what that means. I can guess and they'd probably go,

1763
01:22:35,479 --> 01:22:37,639
Speaker 4: oh yea, it's sort of that, but it probably isn't

1764
01:22:37,960 --> 01:22:41,000
Speaker 4: programming and development it? So do you program the it?

1765
01:22:41,360 --> 01:22:45,000
Speaker 4: So when I've got a problem, I go Brian, this

1766
01:22:45,120 --> 01:22:47,120
Speaker 4: doesn't work, and he'll go, oh, hang on, I can

1767
01:22:47,160 --> 01:22:49,120
Speaker 4: do that remotely from you. Is that what we're seeing there?

1768
01:22:49,200 --> 01:22:53,439
Speaker 4: Is this? Help me out? Business development manager? Sales? To

1769
01:22:53,479 --> 01:22:56,360
Speaker 4: be a business development manager? In sales, don't you have

1770
01:22:56,400 --> 01:22:58,479
Speaker 4: to sell something? And if you're selling something, you're just

1771
01:22:58,560 --> 01:23:02,000
Speaker 4: doing it all online? Get aids here? You need another

1772
01:23:02,040 --> 01:23:03,720
Speaker 4: six of those? No problem at or is that what

1773
01:23:03,800 --> 01:23:06,719
Speaker 4: the job is? I don't understand any of us HR.

1774
01:23:06,920 --> 01:23:10,280
Speaker 4: In recruitment, you cannot tell me you can recruit people

1775
01:23:10,320 --> 01:23:12,960
Speaker 4: from home or are they coming around your house? Come

1776
01:23:12,960 --> 01:23:15,000
Speaker 4: on in, I've got some Lamington's just in the oven

1777
01:23:15,000 --> 01:23:16,320
Speaker 4: and a cup of tea. Let's see if you're any

1778
01:23:16,320 --> 01:23:17,000
Speaker 4: good for this job.

1779
01:23:17,280 --> 01:23:17,479
Speaker 16: Is that?

1780
01:23:17,520 --> 01:23:21,200
Speaker 4: What's going on there? Everyone's at home. Water and waste engineering.

1781
01:23:22,000 --> 01:23:28,600
Speaker 4: Come on, water and waste is outside. You cannot be

1782
01:23:28,720 --> 01:23:32,519
Speaker 4: at home being a water and waste engineer earning ninety

1783
01:23:32,520 --> 01:23:35,519
Speaker 4: five two hundred and seventeen dollars on average per year

1784
01:23:35,680 --> 01:23:39,160
Speaker 4: and go No, I work from home. That Local and

1785
01:23:39,240 --> 01:23:44,559
Speaker 4: Regional council. Now here's your scandal. Local and regional council,

1786
01:23:44,680 --> 01:23:47,280
Speaker 4: Government and council ninety three thousand, five hundred dollars a year.

1787
01:23:47,320 --> 01:23:49,920
Speaker 4: It's all being done from home. None of you counselors

1788
01:23:49,920 --> 01:23:52,760
Speaker 4: are going into a council meeting. They're all on zoom. Accountants,

1789
01:23:53,040 --> 01:23:55,720
Speaker 4: I suppose, I guess you can you save on rent

1790
01:23:55,760 --> 01:23:57,799
Speaker 4: for the office, don't you? I mean to be honest.

1791
01:23:57,800 --> 01:23:59,679
Speaker 4: My accountant's not even in the same city in which

1792
01:23:59,720 --> 01:24:03,960
Speaker 4: I live. I don't know where she is. She could

1793
01:24:03,960 --> 01:24:05,760
Speaker 4: be in Garner for all I know. All I do,

1794
01:24:05,880 --> 01:24:09,680
Speaker 4: she goes Hi, Mike, here's tea time again. Then she

1795
01:24:09,720 --> 01:24:11,360
Speaker 4: comes back with the number. I don't know where the

1796
01:24:11,479 --> 01:24:13,240
Speaker 4: number is, right, I don't know where she is. I

1797
01:24:13,240 --> 01:24:16,439
Speaker 4: don't know where she wrote it. She could be AI

1798
01:24:16,560 --> 01:24:19,200
Speaker 4: generated for all I know. There you go, All those

1799
01:24:19,360 --> 01:24:21,880
Speaker 4: those jobs are the ones at home, by the way,

1800
01:24:21,880 --> 01:24:24,000
Speaker 4: to be an accountant's ninety one, three hundred and forty

1801
01:24:24,040 --> 01:24:26,639
Speaker 4: one dollars. But I don't know what half those jobs are.

1802
01:24:27,400 --> 01:24:29,479
Speaker 4: And it seems at least some of them require you

1803
01:24:29,520 --> 01:24:31,240
Speaker 4: to be somewhere else apart from home. But then again,

1804
01:24:31,280 --> 01:24:34,640
Speaker 4: what do I know? Night Away from nine A.

1805
01:24:34,880 --> 01:24:38,240
Speaker 1: The Mike hosting breakfast with RWs Talk.

1806
01:24:39,240 --> 01:24:43,559
Speaker 4: Oh, Mike, engineers don't always build stuff or always hands on.

1807
01:24:43,680 --> 01:24:46,519
Speaker 4: Engineers design and this is done on computer fair call

1808
01:24:47,720 --> 01:24:49,920
Speaker 4: working from home. You're living under a rock, Thank you,

1809
01:24:49,960 --> 01:24:53,240
Speaker 4: Lindsey Mike. I worked with Nordstrom, but as the rock

1810
01:24:53,280 --> 01:24:55,920
Speaker 4: at home. See I could be at home if I

1811
01:24:56,000 --> 01:24:57,479
Speaker 4: lived under a rock. Can I just be at home

1812
01:24:57,560 --> 01:24:59,760
Speaker 4: under my rock? I work with Nordstrom head office and

1813
01:24:59,800 --> 01:25:02,280
Speaker 4: see are they work two days a week in office?

1814
01:25:02,280 --> 01:25:05,080
Speaker 4: Crickets there when we have meetings? Stats from still good?

1815
01:25:05,080 --> 01:25:07,160
Speaker 4: Are they still the thing? Hilarious? You can get a

1816
01:25:07,160 --> 01:25:09,720
Speaker 4: project manager at the NZTA and in two sixty k

1817
01:25:09,800 --> 01:25:13,000
Speaker 4: a year and not go near the office. Usher by

1818
01:25:13,080 --> 01:25:17,839
Speaker 4: the way, is just announced a world tour eighty concerts,

1819
01:25:17,880 --> 01:25:20,000
Speaker 4: six countries. Well it's hardly a world tour, is it?

1820
01:25:20,080 --> 01:25:23,559
Speaker 4: Six countries is hardly the world. It's Usha's world. Sounds

1821
01:25:23,560 --> 01:25:25,439
Speaker 4: like I work from home to me, doesn't want to

1822
01:25:25,479 --> 01:25:30,200
Speaker 4: leave home. How long before that happens? How long before

1823
01:25:30,240 --> 01:25:32,120
Speaker 4: you can hologram yourself out to the world and you

1824
01:25:32,160 --> 01:25:35,639
Speaker 4: don't have to actually tour anywhere. He fasts for twenty

1825
01:25:35,640 --> 01:25:37,360
Speaker 4: four hours. Man after my own heart. Not that I

1826
01:25:37,400 --> 01:25:39,360
Speaker 4: fast for twenty four hours, but I'm into the intimate

1827
01:25:39,439 --> 01:25:42,559
Speaker 4: at fasting every week. Only drinks water, doesn't drink coffee.

1828
01:25:42,640 --> 01:25:44,519
Speaker 4: He likes the celery juice and lemon water. I like

1829
01:25:44,560 --> 01:25:46,439
Speaker 4: a lemon water. I'm having lemon waters every morning. I

1830
01:25:46,439 --> 01:25:48,360
Speaker 4: think you can tell the difference on this program. I

1831
01:25:48,360 --> 01:25:51,360
Speaker 4: think that's why we're successful. They'll eventually, at the end

1832
01:25:51,400 --> 01:25:52,880
Speaker 4: of my career ask me about, you know, what are

1833
01:25:52,920 --> 01:25:54,800
Speaker 4: the things that separated you out from the rest of

1834
01:25:54,840 --> 01:25:57,160
Speaker 4: the field, And they'll go lemon water and they won't

1835
01:25:57,200 --> 01:26:00,719
Speaker 4: know whether to take me seriously or not. Yoga session

1836
01:26:00,760 --> 01:26:02,760
Speaker 4: activates as organs. I don't know if you should have

1837
01:26:02,800 --> 01:26:06,040
Speaker 4: put it that way, To be perfectly honest, I get

1838
01:26:06,080 --> 01:26:09,760
Speaker 4: what he's saying. Wednesdays has chosen fasting day. That'll be

1839
01:26:09,800 --> 01:26:12,880
Speaker 4: my day too. I intermittently fast every day, but not

1840
01:26:12,920 --> 01:26:14,479
Speaker 4: for the twenty four hours. But if I did do

1841
01:26:14,520 --> 01:26:16,599
Speaker 4: twenty four hours, I would go Wednesday, because you've got Monday,

1842
01:26:16,640 --> 01:26:19,240
Speaker 4: Tuesday in the right Knock it off Wednesday, Thursday, Friday

1843
01:26:19,280 --> 01:26:22,360
Speaker 4: home for the weekend, and it starts around eleven o'clock

1844
01:26:22,360 --> 01:26:25,200
Speaker 4: the previous day. It's very richy, sunaic. Actually then goes

1845
01:26:25,240 --> 01:26:30,040
Speaker 4: the entire day Wednesday, just drinking water. Anyways, going on

1846
01:26:30,080 --> 01:26:31,880
Speaker 4: a sixth country tour, and a guarantee of those six

1847
01:26:31,920 --> 01:26:35,400
Speaker 4: countries don't include New Zealand cheese. It's five to nine

1848
01:26:35,439 --> 01:26:37,200
Speaker 4: already trending.

1849
01:26:37,040 --> 01:26:41,320
Speaker 3: Now with chemist Wells keeping Kiwi's healthy all year round.

1850
01:26:41,479 --> 01:26:44,080
Speaker 4: Only feel like I've been here since three o'clock. Time flies? Now,

1851
01:26:44,200 --> 01:26:46,280
Speaker 4: what can I tell you? A project television show, the

1852
01:26:46,320 --> 01:26:49,479
Speaker 4: one they haven't canceled in Australia. This is why they

1853
01:26:49,520 --> 01:26:51,280
Speaker 4: haven't canceled it because this is the sort of cutting

1854
01:26:51,360 --> 01:26:53,400
Speaker 4: edge broadcasting that keeps them on air with the ratings

1855
01:26:53,400 --> 01:26:55,080
Speaker 4: they have, which by the way aren't that high and

1856
01:26:55,160 --> 01:26:57,400
Speaker 4: never have been. But be that as it may. They

1857
01:26:57,400 --> 01:26:59,280
Speaker 4: were talking about pandas, and they were talking about pandas

1858
01:26:59,400 --> 01:27:01,360
Speaker 4: because there's a and a zoo there that was loaned

1859
01:27:01,360 --> 01:27:04,800
Speaker 4: to them by China. The Chinese premiers in Australia, of course,

1860
01:27:04,840 --> 01:27:07,880
Speaker 4: had nice lunch with Anthony Albanezi yesterday, and so they

1861
01:27:07,880 --> 01:27:10,080
Speaker 4: had a guest on called Vicki Ju, who's a Chinese

1862
01:27:10,080 --> 01:27:13,559
Speaker 4: born Australian writer, outspoken advocate about China's human rights abuses.

1863
01:27:13,800 --> 01:27:16,880
Speaker 4: Human rights abuses in China. Haven't heard much about that anyway,

1864
01:27:16,920 --> 01:27:17,759
Speaker 4: she went off script.

1865
01:27:18,000 --> 01:27:20,960
Speaker 1: Are you excited about Adelaide? Do getting new Pandas?

1866
01:27:22,040 --> 01:27:23,120
Speaker 13: I think.

1867
01:27:25,280 --> 01:27:27,519
Speaker 17: No, I am not. I am not.

1868
01:27:28,080 --> 01:27:33,919
Speaker 13: I think a pandas they're too lazy too, they're going extinct.

1869
01:27:34,680 --> 01:27:37,240
Speaker 13: I think they deserve what they have coming for them.

1870
01:27:38,960 --> 01:27:42,640
Speaker 13: And look look at me, this outfit I've got, I've

1871
01:27:42,680 --> 01:27:45,960
Speaker 13: got going. I am so much cuer than those giant

1872
01:27:46,080 --> 01:27:51,639
Speaker 13: fats not in Pandas. I think Australia is so lucky

1873
01:27:51,680 --> 01:27:54,160
Speaker 13: to have me and the pandas. We can't let them

1874
01:27:54,200 --> 01:27:55,880
Speaker 13: go honestly.

1875
01:27:55,439 --> 01:28:05,120
Speaker 4: Honestly, and they haven't canceled it. He's serious? How is that? Anyway?

1876
01:28:05,840 --> 01:28:08,760
Speaker 4: It's Pandagate. The Chinese premiere wings his way to a

1877
01:28:08,840 --> 01:28:11,120
Speaker 4: Perth today to look at some iron ore and some

1878
01:28:11,200 --> 01:28:12,800
Speaker 4: metal and stuff, all the stuff they use in the

1879
01:28:12,960 --> 01:28:15,120
Speaker 4: Chinese economy, and we return, by the way, is Joseph

1880
01:28:15,160 --> 01:28:19,639
Speaker 4: Parker confirmed for Thursday. Joseph Parker is confirmed for Thursday,

1881
01:28:19,680 --> 01:28:21,160
Speaker 4: so we're looking forward to catching up with him. And

1882
01:28:21,200 --> 01:28:23,840
Speaker 4: since I last talked to Joseph Parker, I've watched that

1883
01:28:24,439 --> 01:28:28,040
Speaker 4: reality television program that Tyson Fury did, and that's where

1884
01:28:28,080 --> 01:28:31,040
Speaker 4: Parker goes, of course, to morek him and hangs out

1885
01:28:31,040 --> 01:28:32,559
Speaker 4: with the Furies and stuff like that. So I've got

1886
01:28:32,600 --> 01:28:35,240
Speaker 4: a lot of questions around that for Joseph Parker. I've

1887
01:28:35,240 --> 01:28:37,559
Speaker 4: also been working on my right hook, so I want

1888
01:28:37,560 --> 01:28:39,719
Speaker 4: some advice around that as well. So anyway, back tomorrow

1889
01:28:39,800 --> 01:28:42,080
Speaker 4: morning at six Happy Days for.

1890
01:28:42,080 --> 01:28:45,479
Speaker 3: More from the Mic Asking Breakfast. Listen live to news talks.

1891
01:28:45,479 --> 01:28:48,680
Speaker 3: It'd be from six am weekdays, or follow the podcast

1892
01:28:48,720 --> 01:28:49,600
Speaker 3: on iHeartRadio.