1 00:00:00,520 --> 00:00:06,000 Speaker 1: Your trusted home for news, sport, entertainment, opinion and Mike 2 00:00:06,320 --> 00:00:10,440 Speaker 1: the my casking Breakfast with the Defender, Embraced the impossible 3 00:00:10,520 --> 00:00:12,160 Speaker 1: news togs dead be morning. 4 00:00:11,960 --> 00:00:15,720 Speaker 2: And welcome today, Perfections emerging or exceeding. Welcome to the 5 00:00:15,760 --> 00:00:18,160 Speaker 2: new report cards at school. From the economy, sixty eight 6 00:00:18,160 --> 00:00:20,480 Speaker 2: percent of fixed mortgage moneys rolling over this year, but 7 00:00:20,640 --> 00:00:23,920 Speaker 2: has the bottom gone so therefore the potential saving evaporated? 8 00:00:24,160 --> 00:00:27,160 Speaker 2: Global heavyweight from Meta as in the country we talk 9 00:00:27,200 --> 00:00:29,720 Speaker 2: safety and social media bands Captain Field and France Rob 10 00:00:29,760 --> 00:00:30,360 Speaker 2: Little will. 11 00:00:30,200 --> 00:00:32,559 Speaker 3: Do all the British Isles pasking. 12 00:00:33,240 --> 00:00:35,440 Speaker 2: Welcome to the day, seven past six am. Hoping this 13 00:00:35,440 --> 00:00:37,360 Speaker 2: will be a time and place thing given we now 14 00:00:37,440 --> 00:00:40,040 Speaker 2: have well what appears to be early success in our 15 00:00:40,080 --> 00:00:43,239 Speaker 2: primary schools around this doing the business or doing the 16 00:00:43,240 --> 00:00:46,600 Speaker 2: basics brilliantly. Hopefully by the time those kids get to 17 00:00:46,680 --> 00:00:49,000 Speaker 2: year twelve or thirteen, the current numbers we get out 18 00:00:49,040 --> 00:00:51,000 Speaker 2: of these years will be a distant memory. And those 19 00:00:51,040 --> 00:00:53,320 Speaker 2: numbers aren't disastrous. Let me give them to you. Nine 20 00:00:53,360 --> 00:00:58,520 Speaker 2: percent of year thirteen fifteen percent of year twelves did 21 00:00:58,560 --> 00:01:00,640 Speaker 2: not achieve the literacy in new and received they were 22 00:01:00,680 --> 00:01:05,160 Speaker 2: expected to. That's fifteen thousand kids. It's a lot of kids. 23 00:01:05,280 --> 00:01:08,399 Speaker 2: The concern, especially for year thirteen's is what now do 24 00:01:08,440 --> 00:01:11,360 Speaker 2: they repeat? Probably not, so they leave school to what 25 00:01:11,640 --> 00:01:13,360 Speaker 2: a world in which a lack of basics is not 26 00:01:13,400 --> 00:01:16,840 Speaker 2: well rewarded, if rewarded at all. Even in a strong economy, 27 00:01:16,880 --> 00:01:19,080 Speaker 2: It's a sketchy old existence in the workforce, which is 28 00:01:19,120 --> 00:01:22,119 Speaker 2: why you then read of those even more disastrous numbers 29 00:01:22,160 --> 00:01:24,800 Speaker 2: around welfare. Whereby once you are honor, you are hon 30 00:01:24,800 --> 00:01:27,959 Speaker 2: it on average for years. But here's the question for you. 31 00:01:28,360 --> 00:01:30,560 Speaker 2: If a five year old goes to school underprepared, you 32 00:01:30,600 --> 00:01:32,039 Speaker 2: simply have to look. I would have thought at the 33 00:01:32,040 --> 00:01:33,959 Speaker 2: home life, the role of the parents. Why have you 34 00:01:34,000 --> 00:01:36,040 Speaker 2: allowed your child to start school behind the eight ball? 35 00:01:36,360 --> 00:01:38,319 Speaker 2: And if they start behind at school, what other parts 36 00:01:38,319 --> 00:01:40,360 Speaker 2: of life are they behind in as well? But by 37 00:01:40,400 --> 00:01:44,080 Speaker 2: the time the five year old is seventeen, year twelve, 38 00:01:44,120 --> 00:01:46,840 Speaker 2: year thirteen, how is it for this current cohort of 39 00:01:46,840 --> 00:01:49,680 Speaker 2: fifteen thousand and every cohort before and after them, they 40 00:01:49,680 --> 00:01:52,200 Speaker 2: are still behind. They haven't caught up what I have 41 00:01:52,320 --> 00:01:54,640 Speaker 2: been doing all those years, all those hours, all those classes. 42 00:01:54,680 --> 00:01:57,920 Speaker 2: Where was the education system. I'm not blaming schools or teachers, 43 00:01:57,960 --> 00:01:59,640 Speaker 2: like you know, like a lot of life's issues, it 44 00:01:59,640 --> 00:02:03,280 Speaker 2: will be complex, of course, ongoing home problems, attitude, discipline, 45 00:02:03,280 --> 00:02:05,560 Speaker 2: But surely also in there is a teacher or two, 46 00:02:05,880 --> 00:02:08,480 Speaker 2: a school or two, an exam or two that has 47 00:02:08,480 --> 00:02:11,720 Speaker 2: surely shine progress all lack of it is an issue. 48 00:02:11,840 --> 00:02:14,200 Speaker 2: Can we also not suggest if you start behind in 49 00:02:14,280 --> 00:02:16,680 Speaker 2: year one, if it's still an issue in year six, 50 00:02:16,960 --> 00:02:19,080 Speaker 2: it's probably an issue in year nine, and before you 51 00:02:19,120 --> 00:02:21,600 Speaker 2: know it's year thirteen and it's over. Where's the net, 52 00:02:21,880 --> 00:02:24,760 Speaker 2: the help, the turnaround, the one thing that's coming to 53 00:02:24,800 --> 00:02:27,080 Speaker 2: start with the problem, but a whole other thing to 54 00:02:27,200 --> 00:02:29,960 Speaker 2: watch it fester for well over a decade and do 55 00:02:30,080 --> 00:02:31,760 Speaker 2: little of anything about it. 56 00:02:32,360 --> 00:02:36,120 Speaker 3: Who news of the world in ninety seconds the. 57 00:02:36,040 --> 00:02:39,160 Speaker 2: Epstein muck as well and truly landed on British laws, 58 00:02:39,200 --> 00:02:41,919 Speaker 2: as if Andrew wasn't persona on grant enough. The All 59 00:02:41,919 --> 00:02:45,000 Speaker 2: four special keeps digging that particular hole. The photo, it's 60 00:02:45,040 --> 00:02:46,680 Speaker 2: been confirmed, was at Epstein's flat. 61 00:02:46,760 --> 00:02:50,120 Speaker 4: I've also managed to cross check that white paneling with 62 00:02:50,360 --> 00:02:54,680 Speaker 4: another photograph of Epstein having drinks with the Hollywood director 63 00:02:54,720 --> 00:02:57,200 Speaker 4: Woody Allen. Also, you have to look at the design 64 00:02:57,400 --> 00:02:59,800 Speaker 4: on the door as well. That in itself is quite distinctive. 65 00:03:00,320 --> 00:03:03,920 Speaker 2: Time Peter Mandelsson and his rip is well intoly torched 66 00:03:04,000 --> 00:03:06,520 Speaker 2: and pressures now on for the peerage to be expected. 67 00:03:06,600 --> 00:03:11,280 Speaker 5: There is no precedence for removing a specific person from 68 00:03:11,320 --> 00:03:14,959 Speaker 5: the House of Lords, and that would require primary legislation. 69 00:03:15,040 --> 00:03:17,320 Speaker 5: That means it's difficult, but it's not impossible. The House 70 00:03:17,360 --> 00:03:19,519 Speaker 5: of Lords themselves might block that legislation. 71 00:03:19,760 --> 00:03:22,520 Speaker 2: State signed the iceback lashers a few signs of abating 72 00:03:22,560 --> 00:03:25,000 Speaker 2: this morning. The New York governor is taking a stand. 73 00:03:25,040 --> 00:03:28,320 Speaker 6: Why would we want to divert local law enforcement from 74 00:03:28,720 --> 00:03:31,960 Speaker 6: the local policing you catching criminals in the streets, stopping 75 00:03:32,040 --> 00:03:35,280 Speaker 6: gun trafficking, stopping the flow of drugs. I want my 76 00:03:35,400 --> 00:03:39,000 Speaker 6: local police doing that and not being deputized for civil 77 00:03:39,160 --> 00:03:40,680 Speaker 6: only immigration enforcement. 78 00:03:40,840 --> 00:03:42,840 Speaker 2: Now, one of the counties that has actually in the 79 00:03:42,880 --> 00:03:45,120 Speaker 2: New York area that's agreed to cooperate with ICE is 80 00:03:45,200 --> 00:03:47,560 Speaker 2: Nassau County, so they're not keen on Hukles move. 81 00:03:47,720 --> 00:03:49,720 Speaker 7: Getting them out of our communities and out of our 82 00:03:49,760 --> 00:03:51,680 Speaker 7: country is a good thing, not a bad thing. 83 00:03:52,040 --> 00:03:55,960 Speaker 6: So Kathy Hockel's policies are completely misplaced. 84 00:03:56,000 --> 00:03:58,160 Speaker 2: Speaking of ICE, what do you get when a whole 85 00:03:58,200 --> 00:04:00,560 Speaker 2: lot of self indulgent lobbies hang out in the same room. 86 00:04:00,800 --> 00:04:02,520 Speaker 2: You take a night of celebration, of course, and turned 87 00:04:02,560 --> 00:04:03,600 Speaker 2: it into a political rally. 88 00:04:03,680 --> 00:04:08,840 Speaker 8: I'm gonna say as out, I guess I want to say, 89 00:04:08,880 --> 00:04:11,080 Speaker 8: I'm up here as a grand daughter of an immigrant. 90 00:04:11,520 --> 00:04:12,520 Speaker 3: I wouldn't be here. 91 00:04:14,040 --> 00:04:16,479 Speaker 9: Yeah, No, one is illegal on stolen land. 92 00:04:17,200 --> 00:04:22,680 Speaker 2: And then the weather, the shadow, Puck's attorney and Phil. 93 00:04:22,520 --> 00:04:25,560 Speaker 10: There is a shadow here on my ground. 94 00:04:26,320 --> 00:04:29,400 Speaker 11: Six more weeks of winter abound. 95 00:04:30,120 --> 00:04:33,440 Speaker 2: Mm hmm. Finally, Nicola Edwoods, who it turns out has 96 00:04:33,440 --> 00:04:37,120 Speaker 2: a rare sleepwalking disease. So if you're started getting parcels 97 00:04:37,160 --> 00:04:41,000 Speaker 2: delivered to her house despite not ordering anything or did, 98 00:04:41,040 --> 00:04:45,599 Speaker 2: she turns out she has para somnia. It's a sleep 99 00:04:45,640 --> 00:04:47,600 Speaker 2: disorder where part of your brains awake but the rest 100 00:04:47,640 --> 00:04:49,560 Speaker 2: of it's in the deep sleep. So what iver you're doing, 101 00:04:49,640 --> 00:04:51,240 Speaker 2: you're not consciously doing. 102 00:04:52,000 --> 00:04:52,160 Speaker 12: So. 103 00:04:52,200 --> 00:04:55,039 Speaker 2: She bought a wig for a dog, hundreds of minuature 104 00:04:55,040 --> 00:04:57,800 Speaker 2: figurines of random people, a Guinea pig guide book, a 105 00:04:57,960 --> 00:05:01,360 Speaker 2: Nicholas Sturgeon mug, a signed Storm the album, and an 106 00:05:01,400 --> 00:05:04,320 Speaker 2: inner tire for wheelbarrow. No, she doesn't have a wheelbarrow, 107 00:05:05,080 --> 00:05:07,800 Speaker 2: so that's us of the world of ninety unless I'm asleep, 108 00:05:07,800 --> 00:05:13,479 Speaker 2: and it isn't it Mendelssohn's interesting. What's important about Mendelssohn 109 00:05:13,520 --> 00:05:16,560 Speaker 2: is not the photo of him in his underpens or 110 00:05:16,640 --> 00:05:19,120 Speaker 2: the photo of anybody else having a drink with anybody. 111 00:05:19,200 --> 00:05:23,040 Speaker 2: And what's important about Mendelssohn and starms onto it. He's 112 00:05:23,080 --> 00:05:27,440 Speaker 2: launched an urgent investigation into his contacts with Epstein when 113 00:05:27,480 --> 00:05:30,720 Speaker 2: he was a government minister, because the suggestion now is 114 00:05:30,800 --> 00:05:35,360 Speaker 2: Mandelsshon was forwarding internal government information to Epstein. That's material. 115 00:05:35,680 --> 00:05:40,160 Speaker 2: Underpants isn't shedding stuff off to Epstein is material? Why 116 00:05:41,120 --> 00:05:43,599 Speaker 2: I shall tell you more in a moment twelve past six. 117 00:05:45,279 --> 00:05:50,120 Speaker 1: The mic Asking Breakfast Full Show podcast on iHeartRadio, follwed 118 00:05:50,160 --> 00:05:51,159 Speaker 1: by News Talks EV. 119 00:05:53,200 --> 00:05:57,440 Speaker 2: And why the Epstein thing is important is and Mandelssohn 120 00:05:57,720 --> 00:06:01,800 Speaker 2: is because there's increasing evidence in this dump that he 121 00:06:01,920 --> 00:06:04,200 Speaker 2: might have been a Russian spy and he might be 122 00:06:04,279 --> 00:06:07,200 Speaker 2: tight with Putin, and so all of this would start 123 00:06:07,240 --> 00:06:08,960 Speaker 2: to make more and more sense. I don't say this 124 00:06:09,120 --> 00:06:11,640 Speaker 2: is true. I'm just saying this is what's increasingly looking 125 00:06:11,800 --> 00:06:16,000 Speaker 2: like a possibility. So if Mandelsson was slipping stuff to Epstein, 126 00:06:16,040 --> 00:06:19,560 Speaker 2: and Epstein was slipping stuff to putin. Then you've got 127 00:06:19,640 --> 00:06:22,000 Speaker 2: a trail, and then you've got a smoking gun, and 128 00:06:22,040 --> 00:06:25,520 Speaker 2: then you've got real trouble. Fifteen past. My name is money. 129 00:06:26,000 --> 00:06:26,200 Speaker 7: Yeah. 130 00:06:26,480 --> 00:06:31,240 Speaker 2: From Andrew Kellaher. Not from Andrew Kelliher, Andrew kellerher. He's 131 00:06:31,360 --> 00:06:36,840 Speaker 2: from Suran Partners. I had that sleep sleep thing that 132 00:06:36,920 --> 00:06:38,520 Speaker 2: I was talking about a moment ago. This could be 133 00:06:38,600 --> 00:06:40,960 Speaker 2: just one of these weird things that I'm ordering stuff 134 00:06:40,960 --> 00:06:43,400 Speaker 2: while talk to you anyway, How are you? I'm very 135 00:06:43,480 --> 00:06:46,400 Speaker 2: well now, housing market, let me see if I've got 136 00:06:46,440 --> 00:06:49,120 Speaker 2: this right. I'm seeing some sales, but the price isn't moving. 137 00:06:49,200 --> 00:06:49,760 Speaker 2: Is that about it? 138 00:06:50,920 --> 00:06:51,480 Speaker 13: That's about it. 139 00:06:51,839 --> 00:06:53,840 Speaker 14: It's February, actually, isn't it. So I thought we'd better 140 00:06:53,920 --> 00:06:57,200 Speaker 14: It's the year is ripping past, so I thought we'd 141 00:06:57,240 --> 00:06:59,520 Speaker 14: better touch on the housing market. This is the start 142 00:06:59,600 --> 00:07:02,360 Speaker 14: out yet stay from the website real Estate dot code 143 00:07:02,400 --> 00:07:04,160 Speaker 14: dot in Z. So it gives us an insight into 144 00:07:04,200 --> 00:07:06,800 Speaker 14: the housing market. But at the same time we got 145 00:07:06,839 --> 00:07:11,240 Speaker 14: some numbers from Cotality across the Tasman looking at the 146 00:07:11,280 --> 00:07:13,960 Speaker 14: housing market over there, and there continue to be pretty 147 00:07:14,400 --> 00:07:17,840 Speaker 14: stark differences. So look allowing for the fact that real 148 00:07:17,920 --> 00:07:20,960 Speaker 14: estate dot code on there's only one set of data, 149 00:07:21,000 --> 00:07:23,800 Speaker 14: it is pretty comprehensive. I think it's a reasonable insight 150 00:07:23,880 --> 00:07:27,520 Speaker 14: into it. The national average asking price down one and 151 00:07:27,560 --> 00:07:31,720 Speaker 14: a half percent, so people's expectations are certainly not getting 152 00:07:31,720 --> 00:07:34,360 Speaker 14: they're not getting carried away. It does look like sales 153 00:07:34,360 --> 00:07:36,480 Speaker 14: were healthy though, leading into the close of last year. 154 00:07:36,520 --> 00:07:39,520 Speaker 14: They sold over six thousand houses in December. But we've 155 00:07:39,560 --> 00:07:42,000 Speaker 14: talked about this last year, Mike. The issue is still 156 00:07:42,040 --> 00:07:45,800 Speaker 14: relevant in ventory is how much there actually. 157 00:07:45,640 --> 00:07:46,520 Speaker 2: Is for sale. 158 00:07:46,560 --> 00:07:48,760 Speaker 14: At the end of January, there were just thirty three, 159 00:07:49,280 --> 00:07:52,480 Speaker 14: four hundred and nineteen properties for sale there. That's over 160 00:07:52,560 --> 00:07:55,680 Speaker 14: twenty one percent more than January last year, So you 161 00:07:55,760 --> 00:07:56,840 Speaker 14: get a bit of activities. 162 00:07:56,880 --> 00:07:58,120 Speaker 13: Sellers come out of the woodwork. 163 00:07:58,360 --> 00:08:00,760 Speaker 14: Look, I think this year gets pretty interesting, make I mean, 164 00:08:00,800 --> 00:08:03,640 Speaker 14: you've got the Central Bank may have to lean against 165 00:08:03,680 --> 00:08:06,440 Speaker 14: inflation at some stage, lots of debate as to when 166 00:08:06,560 --> 00:08:09,280 Speaker 14: that will occur. You've always got an election looming at 167 00:08:09,320 --> 00:08:11,160 Speaker 14: the end of the year. You see what policies may 168 00:08:11,200 --> 00:08:14,040 Speaker 14: affect the housing market. The economy is starting to look 169 00:08:14,120 --> 00:08:16,360 Speaker 14: more buoyant though, so lots of different forces on the market. 170 00:08:16,880 --> 00:08:20,960 Speaker 14: But across the Tasman mic Catality home value index is 171 00:08:21,040 --> 00:08:24,239 Speaker 14: up to nine point two percent year on years, So Brisbane, 172 00:08:24,280 --> 00:08:26,000 Speaker 14: you know me, I like to round things up. 173 00:08:26,080 --> 00:08:26,680 Speaker 13: Might we'll call that. 174 00:08:26,760 --> 00:08:29,520 Speaker 14: Close to ten percent, but within that number, check these 175 00:08:29,600 --> 00:08:32,120 Speaker 14: numbers out we again we talked about this last year. 176 00:08:32,440 --> 00:08:35,840 Speaker 14: A few markets over there are hot. Adelaide is up 177 00:08:35,880 --> 00:08:39,760 Speaker 14: ten percent, Brisbane up fifteen point seven percent, and Perth 178 00:08:40,280 --> 00:08:42,800 Speaker 14: absolutely on fire eighteen and a half percent. I mean, 179 00:08:42,880 --> 00:08:46,120 Speaker 14: Sydney and Melbourne are veritable laggards, but I think most 180 00:08:46,559 --> 00:08:49,720 Speaker 14: Kiwi homeowners will be happy with these single digit games 181 00:08:49,720 --> 00:08:52,520 Speaker 14: that we've seen in those two main senses. But just 182 00:08:52,679 --> 00:08:54,640 Speaker 14: I guess, just diving a little bit deeper into that 183 00:08:54,720 --> 00:08:57,680 Speaker 14: Aussie data, there are some signs that the housing market 184 00:08:57,760 --> 00:09:01,079 Speaker 14: momentum may be slowing, and you can possibly feel the 185 00:09:01,200 --> 00:09:04,640 Speaker 14: hand of monetary policy behind that. They've got a change 186 00:09:04,679 --> 00:09:08,040 Speaker 14: interest rate outlook over there that's maybe weighing on the 187 00:09:08,160 --> 00:09:12,440 Speaker 14: usual summer market. February March they're the key months over there, 188 00:09:12,520 --> 00:09:14,080 Speaker 14: so we probably want to wait and see the first 189 00:09:14,200 --> 00:09:17,240 Speaker 14: full quarter numbers. Of course, you've got the RBA today's 190 00:09:17,240 --> 00:09:19,600 Speaker 14: as well. Make we'll talk about that tomorrow morning. Seventy 191 00:09:19,640 --> 00:09:22,439 Speaker 14: percent chance of a hike there and being priced on 192 00:09:22,520 --> 00:09:23,520 Speaker 14: the market at the moment. 193 00:09:23,800 --> 00:09:26,760 Speaker 2: Okay, I like Catman do because they've had an interesting story, 194 00:09:26,840 --> 00:09:29,400 Speaker 2: but they're often running well. 195 00:09:29,480 --> 00:09:32,080 Speaker 14: They do. There are signs of life. So it's an 196 00:09:32,120 --> 00:09:34,800 Speaker 14: insex listed company. It's actually dual listed, so listen on 197 00:09:34,840 --> 00:09:37,280 Speaker 14: the A six as well. They released numbers for the 198 00:09:37,400 --> 00:09:40,360 Speaker 14: first five months of the trading year. I mean late 199 00:09:40,440 --> 00:09:42,640 Speaker 14: last year. We talked a lot about the flickers in 200 00:09:42,720 --> 00:09:45,160 Speaker 14: the New Zealand economy and the general consensus is that 201 00:09:45,559 --> 00:09:48,559 Speaker 14: these flickers are definitely caught on now growing. The run 202 00:09:48,600 --> 00:09:51,360 Speaker 14: of economic data so far this year suggests that economic 203 00:09:51,480 --> 00:09:54,440 Speaker 14: recovery that we were looking for in twenty twenty five 204 00:09:54,600 --> 00:09:57,880 Speaker 14: maybe peeking out from behind the clouds in twenty twenty six. 205 00:09:57,920 --> 00:10:01,240 Speaker 14: So CapMan who reported stronger sales, admittedly though with only 206 00:10:01,280 --> 00:10:04,440 Speaker 14: a passing direct reference to improvements in New Zealand, I mean, 207 00:10:04,640 --> 00:10:07,280 Speaker 14: they have global exposure. They've got different brand names, Rip 208 00:10:07,360 --> 00:10:10,400 Speaker 14: curl Oboz Group sales for the first five months are 209 00:10:10,480 --> 00:10:13,280 Speaker 14: up seven point nine percent within the brands. The Campmando 210 00:10:13,440 --> 00:10:16,080 Speaker 14: brand itself does look particularly healthy. 211 00:10:16,200 --> 00:10:17,240 Speaker 13: Within the announce. 212 00:10:16,960 --> 00:10:19,839 Speaker 14: Yesterday, they do report sales up twelve point seven percent 213 00:10:19,920 --> 00:10:23,400 Speaker 14: on the same store basis, and they reference sales momentum 214 00:10:23,679 --> 00:10:26,640 Speaker 14: in both New Zealand and Australia. Who will take that 215 00:10:27,360 --> 00:10:29,880 Speaker 14: strong direct consumer sales, So that's the shop so over 216 00:10:29,960 --> 00:10:32,280 Speaker 14: Black Friday and Christmas. That's encouraging for retails. 217 00:10:32,520 --> 00:10:34,400 Speaker 13: They're still under bit of margin pressure. 218 00:10:34,120 --> 00:10:36,040 Speaker 14: Though Mike they're working their way through what they call 219 00:10:36,120 --> 00:10:38,520 Speaker 14: aged inventory. They've had to spend a lot more on 220 00:10:38,600 --> 00:10:41,800 Speaker 14: promotional activities. So actually the market and it didn't really 221 00:10:41,920 --> 00:10:45,360 Speaker 14: didn't really embrace the announcement yesterday share price fell just 222 00:10:45,520 --> 00:10:48,400 Speaker 14: under four percent, but if you dig down through it 223 00:10:48,520 --> 00:10:49,120 Speaker 14: does look there's a. 224 00:10:49,120 --> 00:10:51,719 Speaker 2: Little bit more going on, which is good, good, good good, 225 00:10:51,760 --> 00:10:52,920 Speaker 2: got a motor. What are the numbers? 226 00:10:53,559 --> 00:10:56,040 Speaker 14: Yeah, are the dow Jones is up almost five hundred 227 00:10:56,080 --> 00:10:58,160 Speaker 14: points four to nine three hundred and eighty eight, up 228 00:10:58,200 --> 00:11:00,199 Speaker 14: one percent, the S and P five hundreds up to 229 00:11:00,400 --> 00:11:04,319 Speaker 14: thirds percent sixty nine eighty five, and the nastack is 230 00:11:04,440 --> 00:11:07,679 Speaker 14: up point seven eight percent twenty three thousand, six hundred 231 00:11:07,679 --> 00:11:10,320 Speaker 14: and forty five. The forty one hundred overnight gained over 232 00:11:10,400 --> 00:11:12,640 Speaker 14: one percent ten thousand, three hundred and thirty seven. The 233 00:11:12,720 --> 00:11:16,120 Speaker 14: NIKA fell six hundred and sixty seven points. That's one 234 00:11:16,160 --> 00:11:18,959 Speaker 14: and a quarter percent fifty two thousand, six hundred and 235 00:11:19,080 --> 00:11:22,440 Speaker 14: fifty five Shangha composite down almost two and a half 236 00:11:22,440 --> 00:11:25,640 Speaker 14: percent week four oh one five. The Aussi's yesterday, the 237 00:11:25,720 --> 00:11:28,200 Speaker 14: gold price weighing on the Aussie market, they were down 238 00:11:28,240 --> 00:11:30,679 Speaker 14: over one percent eight seven seven eight close there in 239 00:11:30,679 --> 00:11:34,560 Speaker 14: the ezac's fifty small down ten points thirteen thousand, four 240 00:11:34,679 --> 00:11:38,120 Speaker 14: hundred and twelve Kiwi dollar against the US point six 241 00:11:38,440 --> 00:11:41,520 Speaker 14: zero zero seven point eight six three to one against 242 00:11:41,559 --> 00:11:45,120 Speaker 14: the ossie point five zero eight eight euro point four 243 00:11:45,200 --> 00:11:47,719 Speaker 14: three nine nine against the pound ninety three point four 244 00:11:47,720 --> 00:11:51,040 Speaker 14: to two Japanese yen. The weakness in gold has continued 245 00:11:51,640 --> 00:11:55,079 Speaker 14: four thousand, six hundred and seventy nine bitcour. 246 00:11:55,160 --> 00:11:56,400 Speaker 2: Oh sorry, you're doing bitcoin now. 247 00:11:56,400 --> 00:11:59,440 Speaker 14: I'm going to do bitcoin just because it's relevant at 248 00:11:59,480 --> 00:12:02,360 Speaker 14: the moment. Continue to fall overnight, but it has bounced 249 00:12:02,720 --> 00:12:06,600 Speaker 14: seven just over seventy nine thousand. But brentw yeahme on. 250 00:12:06,760 --> 00:12:08,800 Speaker 3: Here we go sixty six bucks. 251 00:12:09,120 --> 00:12:11,679 Speaker 14: It's come back from that horrible sixty nine dollar mark 252 00:12:11,720 --> 00:12:12,440 Speaker 14: that we saw it at. 253 00:12:12,960 --> 00:12:14,400 Speaker 2: We don't like that oil going up. 254 00:12:14,440 --> 00:12:14,959 Speaker 7: No, we do not. 255 00:12:15,440 --> 00:12:19,160 Speaker 2: Andrew Callahan, good to see you, sure and partners. Pasky 256 00:12:19,280 --> 00:12:22,120 Speaker 2: Kisney I goes on his way out if you followed 257 00:12:22,120 --> 00:12:24,760 Speaker 2: the Disney story. But they're doing okay, theme parks, resorts 258 00:12:24,800 --> 00:12:27,199 Speaker 2: and cruises. They cross ten billion quarterly revenue for the 259 00:12:27,240 --> 00:12:29,800 Speaker 2: first time, so all that's good. Overall revenue almost twenty 260 00:12:29,800 --> 00:12:33,520 Speaker 2: six billion, up five percent. They're expecting double digit growth 261 00:12:33,679 --> 00:12:37,520 Speaker 2: streaming Disney Plus and Hulu about five hundred million in 262 00:12:37,600 --> 00:12:39,640 Speaker 2: operating income, which is an increase of roughly two hundred 263 00:12:39,640 --> 00:12:41,839 Speaker 2: million dollars. So things seem pretty good in the Kingdom 264 00:12:41,840 --> 00:12:44,080 Speaker 2: at the moment. Six twenty two. 265 00:12:50,160 --> 00:12:55,120 Speaker 1: Good The Mike Asking Breakfast Full Show podcast on iHeartRadio 266 00:12:55,400 --> 00:12:56,480 Speaker 1: powered by News Talks. 267 00:12:56,520 --> 00:12:59,800 Speaker 2: It'd be Morning Mike. There's Australians and the Epstein File 268 00:12:59,880 --> 00:13:02,960 Speaker 2: like Kevin Rudd. Now he isn't he isn't. I'll come 269 00:13:03,040 --> 00:13:05,320 Speaker 2: back to that. I can also tell you just fun fact, 270 00:13:06,040 --> 00:13:10,480 Speaker 2: New Zealand is featured in the Epstein Files one thousand times. 271 00:13:11,679 --> 00:13:13,560 Speaker 2: So what does that mean if anything? 272 00:13:13,760 --> 00:13:18,720 Speaker 1: Six twenty five trending now with Warehouse the Real House 273 00:13:18,800 --> 00:13:20,040 Speaker 1: of Fragrances. 274 00:13:19,600 --> 00:13:22,680 Speaker 2: Grammys as in music not the protest. Justin Bieber performed 275 00:13:22,679 --> 00:13:24,079 Speaker 2: for the first time in four years. He was in 276 00:13:24,160 --> 00:13:26,679 Speaker 2: his boxes. He's got a new boxer line. So why 277 00:13:26,679 --> 00:13:31,800 Speaker 2: wouldn't you Trump? You said he's going to sue Trebernaro over. 278 00:13:31,720 --> 00:13:36,720 Speaker 15: This Brammie that every artist wants almost as much as 279 00:13:36,760 --> 00:13:40,840 Speaker 15: Trump wants Greenland, which makes sense. I mean, because Epstein's 280 00:13:40,840 --> 00:13:42,440 Speaker 15: island is gone. He needs a new one to hang 281 00:13:42,480 --> 00:13:45,160 Speaker 15: out with. Bill Simpson, So, oh, I told you it's 282 00:13:45,200 --> 00:13:45,880 Speaker 15: how last year? 283 00:13:46,800 --> 00:13:47,800 Speaker 3: What are you going to do about it? 284 00:13:48,360 --> 00:13:52,320 Speaker 2: Says that even funny, given Greenland's not actually a story anymore. Anyway, 285 00:13:52,360 --> 00:13:54,240 Speaker 2: Share made of a faux pas by giving a Grammy 286 00:13:54,280 --> 00:13:55,559 Speaker 2: to someone who died twenty years ago. 287 00:13:56,440 --> 00:13:57,320 Speaker 14: Jammy goes to. 288 00:14:01,080 --> 00:14:03,440 Speaker 11: Say Tommy was gonna be onus prompt. 289 00:14:05,400 --> 00:14:07,360 Speaker 3: Oh, the commy goes to Lither Grands. 290 00:14:15,480 --> 00:14:18,160 Speaker 2: That was one of five wins four Kendrick Lamar, including 291 00:14:18,200 --> 00:14:20,640 Speaker 2: Best Rap Album Album of the Year. Now he's the 292 00:14:20,680 --> 00:14:23,080 Speaker 2: most awarded rap artist in Grammy history. Then we got 293 00:14:23,080 --> 00:14:25,040 Speaker 2: Bad Bunny. He won Busies At the Super Bowl, he 294 00:14:25,120 --> 00:14:27,800 Speaker 2: won Best Album, first Spanish language album to win it, 295 00:14:27,960 --> 00:14:32,000 Speaker 2: and Billie Eilish Best Song for wild Flower. As for 296 00:14:32,040 --> 00:14:44,920 Speaker 2: the Big Prize's Best Country Solo Performance, Less Country Blooms 297 00:14:45,920 --> 00:14:48,120 Speaker 2: Chris Stapleton bad As I Used to Be, which was 298 00:14:48,280 --> 00:14:51,960 Speaker 2: from the F one movie quite possibly better than the 299 00:14:52,080 --> 00:14:55,840 Speaker 2: F one movie because the F one movie was shocking. 300 00:14:56,320 --> 00:14:59,080 Speaker 2: Although our sun he watched the F one movie on 301 00:14:59,160 --> 00:15:01,160 Speaker 2: the plane as the it his way from Scotland to 302 00:15:01,200 --> 00:15:04,360 Speaker 2: New Zealand. He found an interesting movie, thoroughly enjoyed it. 303 00:15:04,440 --> 00:15:07,360 Speaker 2: So then again, or what do I know? Mortgage money 304 00:15:07,440 --> 00:15:09,720 Speaker 2: a lot of it getting turned over yet again this year. 305 00:15:09,840 --> 00:15:11,960 Speaker 2: So what's this going to do for the economy? Will 306 00:15:11,960 --> 00:15:13,520 Speaker 2: crunch some numbers for you in a moment. 307 00:15:14,080 --> 00:15:18,000 Speaker 1: The newsmakers and the personalities, the big names talk to 308 00:15:18,200 --> 00:15:21,920 Speaker 1: Mike the mic Hosking breakfast with Bailey's real Estate doing 309 00:15:22,000 --> 00:15:23,000 Speaker 1: real estate differently. 310 00:15:23,120 --> 00:15:25,800 Speaker 3: Since nineteen seventy three, news togs had been. 311 00:15:25,960 --> 00:15:28,720 Speaker 2: A lovely if one movie stopped applying your purist POV. 312 00:15:28,880 --> 00:15:30,720 Speaker 2: It was entertainment, I felt at time. I was in 313 00:15:30,760 --> 00:15:33,560 Speaker 2: the driver's seat. I laughed, I cried, You didn't laugh, 314 00:15:33,680 --> 00:15:35,640 Speaker 2: you didn't cry. There was nothing to laugh and cry about. 315 00:15:35,760 --> 00:15:38,440 Speaker 2: But I am just a middle aged woman still lusting 316 00:15:38,520 --> 00:15:40,520 Speaker 2: after Brad pet I think you're getting yourself away there. 317 00:15:40,560 --> 00:15:43,560 Speaker 2: I think it's the pit factor, isn't it. Gatin Field 318 00:15:44,040 --> 00:15:47,440 Speaker 2: in France, the Epstein thing has landed on the haunch 319 00:15:48,320 --> 00:15:50,120 Speaker 2: of certain parts of Paris, so we'll talk to her 320 00:15:50,160 --> 00:15:52,400 Speaker 2: about that meantime. Back here, more from the New Zealand 321 00:15:52,440 --> 00:15:55,440 Speaker 2: Economic Recovery story. Stats this morning the show sixty eight 322 00:15:55,560 --> 00:15:58,760 Speaker 2: percent of fixed rates are up for renewal this year, 323 00:15:58,800 --> 00:16:01,160 Speaker 2: now about one hundred and thirty two billion dollars worth 324 00:16:01,200 --> 00:16:03,760 Speaker 2: of decisions to be made. Kelly Echold as Westpax chief 325 00:16:03,800 --> 00:16:05,800 Speaker 2: economist and ease back, Well, there's Kelly, morning to you. 326 00:16:06,600 --> 00:16:07,080 Speaker 16: Good morning. 327 00:16:07,560 --> 00:16:11,120 Speaker 2: When if we accept that the bottom is gone and 328 00:16:11,400 --> 00:16:13,680 Speaker 2: interest rates are going to start to trend up, when 329 00:16:13,720 --> 00:16:17,200 Speaker 2: are all these refixes actually potentially coming off something and 330 00:16:17,400 --> 00:16:19,200 Speaker 2: not necessarily going on to something lower. 331 00:16:20,520 --> 00:16:22,440 Speaker 16: Well, it's still a weird way. Yet, there's quite a 332 00:16:22,520 --> 00:16:27,040 Speaker 16: long tail of this process. If you remember, all through 333 00:16:27,120 --> 00:16:30,600 Speaker 16: the last year or so, customers were tending to refix 334 00:16:30,760 --> 00:16:35,280 Speaker 16: pretty regularly, but they were still picking terms of around 335 00:16:35,360 --> 00:16:38,000 Speaker 16: maybe one year or eighteen months, because that's where the 336 00:16:38,080 --> 00:16:41,040 Speaker 16: lowest interstraction it was on the curve right, and it 337 00:16:41,160 --> 00:16:44,200 Speaker 16: was also the point where people want a maximum flexibility 338 00:16:44,360 --> 00:16:47,520 Speaker 16: in case the RB and Z cut theocry even more. 339 00:16:47,920 --> 00:16:50,560 Speaker 2: Are we all settled now on the understanding there are 340 00:16:50,640 --> 00:16:53,000 Speaker 2: no more cuts than there are possibly increases? This year 341 00:16:53,120 --> 00:16:54,920 Speaker 2: or is there still some question marks out there? Do 342 00:16:55,000 --> 00:16:55,320 Speaker 2: you think? 343 00:16:56,200 --> 00:16:56,360 Speaker 14: Well? 344 00:16:56,600 --> 00:16:58,880 Speaker 16: I think will always be some question marks, But the 345 00:16:59,000 --> 00:17:02,440 Speaker 16: market seems pretty clear that we're getting two hikes this year. 346 00:17:04,720 --> 00:17:07,880 Speaker 16: Most of my colleagues in the market seem to think 347 00:17:07,920 --> 00:17:10,720 Speaker 16: we're getting at least one. I think the proof in 348 00:17:10,800 --> 00:17:13,119 Speaker 16: the pudding is going to be just how residient the 349 00:17:13,320 --> 00:17:17,080 Speaker 16: improvement and growth that we've seen continues as we go 350 00:17:17,160 --> 00:17:20,000 Speaker 16: through the winter months, because we have seen that tendanty 351 00:17:20,000 --> 00:17:22,200 Speaker 16: of growth a sag a bit in the middle of 352 00:17:22,240 --> 00:17:22,520 Speaker 16: the year. 353 00:17:22,720 --> 00:17:25,080 Speaker 2: Yeah, has that tune changed you talk twelve and eighteen. 354 00:17:25,800 --> 00:17:27,480 Speaker 2: Is the tune any different from the way it has 355 00:17:27,480 --> 00:17:29,320 Speaker 2: always been as a few people on six months just 356 00:17:29,400 --> 00:17:29,920 Speaker 2: hoping or not. 357 00:17:31,160 --> 00:17:33,240 Speaker 16: No, there's still a few people on six months, but 358 00:17:33,440 --> 00:17:36,359 Speaker 16: most of the customers we see are doing anything between 359 00:17:36,440 --> 00:17:39,000 Speaker 16: one and two years. Because those interest rates are actually 360 00:17:39,080 --> 00:17:42,720 Speaker 16: pretty close together and they're the lowest points in the curve. 361 00:17:43,119 --> 00:17:45,760 Speaker 16: There's much less enthusiasm for sort of three, four and 362 00:17:45,880 --> 00:17:48,760 Speaker 16: five year mortgages because they've all gone back over five percent. 363 00:17:49,040 --> 00:17:51,719 Speaker 2: Exactly what do you reckon the role of the refixes 364 00:17:51,920 --> 00:17:53,400 Speaker 2: on spending and on mood. 365 00:17:55,280 --> 00:17:57,720 Speaker 16: I think it does have a role, but we have 366 00:17:57,800 --> 00:18:01,080 Speaker 16: to remember it's just part of the transmission mechanism. I 367 00:18:01,200 --> 00:18:04,720 Speaker 16: think December was pretty interesting because we had a record 368 00:18:04,800 --> 00:18:07,280 Speaker 16: amount of refixing. It looks like about five and a 369 00:18:07,320 --> 00:18:10,440 Speaker 16: half billion or so. Well, we just chickned over. That 370 00:18:10,640 --> 00:18:12,679 Speaker 16: was a month where I think a lot of new 371 00:18:12,760 --> 00:18:17,280 Speaker 16: silders did move on to those lower interest rates. But importantly, 372 00:18:17,440 --> 00:18:20,239 Speaker 16: the competition between the banks was quite large, so there 373 00:18:20,320 --> 00:18:22,800 Speaker 16: was quite a lot of money paid out for inducements 374 00:18:23,520 --> 00:18:27,280 Speaker 16: for these tet deals. I reckon that might have contributed 375 00:18:27,359 --> 00:18:29,720 Speaker 16: to what was chaping up to be a pretty good 376 00:18:29,800 --> 00:18:31,360 Speaker 16: January for consumer confidence. 377 00:18:31,520 --> 00:18:33,840 Speaker 2: An z's gone from five to two percent for the 378 00:18:33,920 --> 00:18:38,040 Speaker 2: year on increases and prices on houses. Where are you at, Well, 379 00:18:38,080 --> 00:18:38,640 Speaker 2: we're still. 380 00:18:38,480 --> 00:18:40,800 Speaker 16: Around five percent at the moment. We'll have our new 381 00:18:40,920 --> 00:18:44,479 Speaker 16: forecasts coming out in a couple of weeks. I mean, 382 00:18:44,520 --> 00:18:46,760 Speaker 16: it still remains the case. There's lots of stock on 383 00:18:46,840 --> 00:18:50,040 Speaker 16: the market, so even though demand is about average now 384 00:18:50,160 --> 00:18:52,520 Speaker 16: given the lower interest rates, it's going to take a 385 00:18:52,600 --> 00:18:54,639 Speaker 16: while to chew through all of that extra stock. 386 00:18:55,240 --> 00:18:56,840 Speaker 2: And what's you feel on jobs tomorrow? 387 00:18:58,400 --> 00:19:00,720 Speaker 16: Well, jobs, I think we're going to see jobs growth 388 00:19:00,840 --> 00:19:02,720 Speaker 16: for the first time in a while, you know, we've 389 00:19:02,760 --> 00:19:05,600 Speaker 16: got employment growth have around about zero point three percent 390 00:19:06,359 --> 00:19:08,960 Speaker 16: for the quarter, which is about population growth. So that's 391 00:19:09,000 --> 00:19:11,159 Speaker 16: why we don't think the unemployment rate's going to arise. 392 00:19:11,560 --> 00:19:14,040 Speaker 16: I think some of the forward indicators the jobs market 393 00:19:14,200 --> 00:19:17,399 Speaker 16: has been pretty encouraging, particularly since we do look like 394 00:19:17,560 --> 00:19:22,440 Speaker 16: we're seeing recently decent quarterly GDP growth now and where 395 00:19:22,520 --> 00:19:25,879 Speaker 16: GEDDP goes, jobs do because you need people to produce 396 00:19:25,920 --> 00:19:26,680 Speaker 16: the output you do. 397 00:19:26,800 --> 00:19:28,800 Speaker 2: Indeed, Kelly, good to end on a good note. Kelly, 398 00:19:28,840 --> 00:19:31,080 Speaker 2: you call that numbers out tomorrow. By the way, Westpac 399 00:19:31,160 --> 00:19:33,520 Speaker 2: chief economist with us this morning, nineteen away from seven 400 00:19:34,240 --> 00:19:34,920 Speaker 2: the Mike. 401 00:19:34,800 --> 00:19:39,000 Speaker 1: Hosking Breakfast Full Show podcast on iHeartRadio, cow it By 402 00:19:39,080 --> 00:19:39,639 Speaker 1: News Talks. 403 00:19:39,680 --> 00:19:39,919 Speaker 8: It be. 404 00:19:41,600 --> 00:19:43,359 Speaker 2: Now hearing aids among the few pieces and now think 405 00:19:43,400 --> 00:19:45,359 Speaker 2: about it this way, because they are among the few 406 00:19:45,400 --> 00:19:47,879 Speaker 2: pieces of technology that you're expected to buy once and 407 00:19:47,960 --> 00:19:50,080 Speaker 2: then you live with it for years. So no upgrades, 408 00:19:50,119 --> 00:19:52,040 Speaker 2: no improvements, just you know, he's stuck with whatever you 409 00:19:52,119 --> 00:19:54,920 Speaker 2: brought on day one, which, of course, given given its tech, 410 00:19:55,359 --> 00:19:58,000 Speaker 2: makes no sense at all. Modern hearing aids are improving 411 00:19:58,040 --> 00:20:01,119 Speaker 2: all the time. There's better speech clarity, a performance a noise, 412 00:20:01,200 --> 00:20:04,440 Speaker 2: better battery life, smarter AI all that, Yet most people 413 00:20:04,480 --> 00:20:06,920 Speaker 2: miss out because upgrading usually means paying thousands of dollars 414 00:20:06,960 --> 00:20:09,399 Speaker 2: all over again. So this is why Resonate Health and 415 00:20:09,480 --> 00:20:12,320 Speaker 2: their subscription model is going off. It's it's worth understanding 416 00:20:12,359 --> 00:20:15,000 Speaker 2: because for ninety dollars a month, you get top of 417 00:20:15,000 --> 00:20:18,280 Speaker 2: the range hearing aids. You get ongoing care, free upgrade 418 00:20:18,400 --> 00:20:20,840 Speaker 2: to the latest tech every three years, no lump sums, 419 00:20:20,880 --> 00:20:23,320 Speaker 2: no pressure, no surprises. So it means you're hearing aids 420 00:20:23,320 --> 00:20:26,119 Speaker 2: stay current, not dated, and it means hearing care becomes 421 00:20:26,160 --> 00:20:28,439 Speaker 2: predictable and manageable. Who doesn't want all that? So if 422 00:20:28,440 --> 00:20:30,560 Speaker 2: you're going to invest in hearing, this is a smart 423 00:20:30,600 --> 00:20:32,440 Speaker 2: way to do it. Oh eight hundred seven three seven 424 00:20:32,480 --> 00:20:34,760 Speaker 2: sixty six two. You got that. Oh eight hundred seven 425 00:20:34,800 --> 00:20:37,159 Speaker 2: three seven sixty six two. Do it online if you 426 00:20:37,280 --> 00:20:42,199 Speaker 2: like it. Resonatehealth dot co, dot in z. Pascare Epsen. 427 00:20:42,240 --> 00:20:45,040 Speaker 2: You remember the name George Mitchell. He's a former US 428 00:20:45,160 --> 00:20:48,359 Speaker 2: Senator and he played a crucial role in the Northern 429 00:20:48,400 --> 00:20:52,080 Speaker 2: Ireland peace process. It's called the US Island Alliance and 430 00:20:52,359 --> 00:20:55,280 Speaker 2: they named a program after him, the George J. Mitchell 431 00:20:55,400 --> 00:20:59,600 Speaker 2: Scholarship Program. Well that's over. He had no knowledge of 432 00:20:59,640 --> 00:21:02,800 Speaker 2: Epstein's actions involving underage girls, he said. But in the 433 00:21:02,880 --> 00:21:07,159 Speaker 2: latest dump it shows a continued relationship between Mitchell and 434 00:21:07,240 --> 00:21:13,639 Speaker 2: Epstein following Epstein's first conviction. So this includes emails about 435 00:21:13,720 --> 00:21:16,199 Speaker 2: the former senator to and from Epstein as well as 436 00:21:16,280 --> 00:21:19,280 Speaker 2: memos were appointment scheduled between the pairs. So the initial 437 00:21:19,520 --> 00:21:22,159 Speaker 2: escape route for many of these people was yes, I 438 00:21:22,240 --> 00:21:24,520 Speaker 2: knew him, Yes I had a drink in his apartment, 439 00:21:24,920 --> 00:21:27,119 Speaker 2: but I had no idea what he was up to. 440 00:21:27,680 --> 00:21:31,520 Speaker 2: Problem then becomes post conviction, why are you still there? 441 00:21:31,840 --> 00:21:36,240 Speaker 17: Six forty five International correspondence with ends and eye Insurance 442 00:21:36,440 --> 00:21:38,359 Speaker 17: Peace of Mind for New Zealand Business. 443 00:21:38,160 --> 00:21:40,080 Speaker 2: Speaking at jefinitely Field, the very good morning to you 444 00:21:40,240 --> 00:21:40,719 Speaker 2: in France. 445 00:21:41,440 --> 00:21:42,160 Speaker 9: Good morning, Mike. 446 00:21:42,280 --> 00:21:43,840 Speaker 2: Let me come to the Epstein message just a couple 447 00:21:43,880 --> 00:21:46,119 Speaker 2: of moments, because it turns out that old Mandelssohn and 448 00:21:46,160 --> 00:21:48,320 Speaker 2: his underpants was in a very nice flat that was 449 00:21:48,359 --> 00:21:50,760 Speaker 2: owned by the aforementioned. But before we get there, this 450 00:21:51,000 --> 00:21:54,359 Speaker 2: war and all these soldiers that are rolling into the EU, 451 00:21:54,600 --> 00:21:56,719 Speaker 2: how is this working? How many of them and how 452 00:21:56,760 --> 00:21:57,520 Speaker 2: big a problem is? 453 00:21:57,600 --> 00:22:00,520 Speaker 9: It could be a big problem. If you listen to 454 00:22:00,800 --> 00:22:04,159 Speaker 9: the Estonian Foreign minister. Of course, it could well be 455 00:22:04,920 --> 00:22:06,320 Speaker 9: a huge problem. 456 00:22:06,000 --> 00:22:09,080 Speaker 18: And the last month they've turned back two hundred and 457 00:22:09,160 --> 00:22:11,920 Speaker 18: sixty one Russian combatants from entering the country. 458 00:22:12,560 --> 00:22:14,760 Speaker 9: What the Estonians are now saying is there's. 459 00:22:14,720 --> 00:22:17,960 Speaker 18: Got to be a bigger ban because one day this 460 00:22:18,240 --> 00:22:20,480 Speaker 18: war is going to end, there will be some sort 461 00:22:20,520 --> 00:22:23,600 Speaker 18: of lasting piece, and there could be as many as 462 00:22:23,720 --> 00:22:27,600 Speaker 18: one million Russian combatants free to go and do whatever 463 00:22:27,680 --> 00:22:30,560 Speaker 18: they do after the war is over. Not One of 464 00:22:30,640 --> 00:22:34,080 Speaker 18: the things to remember is Russia is having enormous economic 465 00:22:34,119 --> 00:22:37,440 Speaker 18: difficulties because so much of its economy is going into 466 00:22:37,520 --> 00:22:39,880 Speaker 18: the war with Ukraine. So there's going to be things 467 00:22:39,920 --> 00:22:42,400 Speaker 18: like disgruntled soldiers. It's going to be soldiers who haven't 468 00:22:42,480 --> 00:22:45,960 Speaker 18: received their pay, going to be soldiers who haven't got jobs. 469 00:22:46,280 --> 00:22:48,520 Speaker 18: And the concern is that they are going to move 470 00:22:48,600 --> 00:22:53,640 Speaker 18: easily over into the EU, particularly areas such as Estonia, Latvia, 471 00:22:53,720 --> 00:22:57,280 Speaker 18: Lithuania and parts of Poland where everyone speaks Russian. Loads 472 00:22:57,280 --> 00:22:58,920 Speaker 18: of people speak Russian, and there's going to be black 473 00:22:59,000 --> 00:23:02,320 Speaker 18: market economies. So what they're trying to do is to 474 00:23:02,560 --> 00:23:04,960 Speaker 18: push this through with the EU and say, look, you've 475 00:23:05,040 --> 00:23:08,119 Speaker 18: got to have this ready and up and running because 476 00:23:08,160 --> 00:23:10,480 Speaker 18: there are going to be a lot of challenges that 477 00:23:10,560 --> 00:23:12,320 Speaker 18: come when and we do. 478 00:23:12,440 --> 00:23:16,040 Speaker 9: Say when the fighting actually stops. 479 00:23:16,080 --> 00:23:18,320 Speaker 18: And that's what they say is you have to look 480 00:23:18,840 --> 00:23:21,840 Speaker 18: at where Putin has been recruiting a lot of his soldiers. 481 00:23:22,040 --> 00:23:24,399 Speaker 18: A lot of them have been coming from prisoners who 482 00:23:24,480 --> 00:23:26,639 Speaker 18: get time off in their sentence if they're going to 483 00:23:26,760 --> 00:23:27,560 Speaker 18: serve in Ukraine. 484 00:23:28,640 --> 00:23:32,080 Speaker 2: Do I enter this muddied field, Catherine by asking you 485 00:23:32,160 --> 00:23:34,920 Speaker 2: when does the fighting stop? Or shall we leave that 486 00:23:34,960 --> 00:23:35,479 Speaker 2: for another day? 487 00:23:36,760 --> 00:23:38,560 Speaker 9: I think we've got a lot of days to discuss that, 488 00:23:38,640 --> 00:23:39,560 Speaker 9: haven't We might, Yes. 489 00:23:39,480 --> 00:23:39,639 Speaker 1: We have. 490 00:23:40,000 --> 00:23:42,600 Speaker 2: So the flat not being superficial for a moment, it's 491 00:23:42,600 --> 00:23:45,480 Speaker 2: a beautiful looking flat, and it was Epstein's, of course, 492 00:23:45,520 --> 00:23:48,159 Speaker 2: and so it arrives in Paris, and what do you 493 00:23:48,200 --> 00:23:49,720 Speaker 2: do with it all? I mean, given most of it's 494 00:23:49,960 --> 00:23:52,920 Speaker 2: not necessarily legal, it's just sort of missy and mucky 495 00:23:54,359 --> 00:23:54,720 Speaker 2: it is. 496 00:23:55,200 --> 00:23:58,720 Speaker 18: Yeah, I mean the same thing everyone knew Ebstein when 497 00:23:58,720 --> 00:23:59,280 Speaker 18: he was here. 498 00:23:59,600 --> 00:24:02,760 Speaker 9: He was doing what he did everywhere. 499 00:24:02,880 --> 00:24:06,119 Speaker 18: He was courting the rich and the famous, the political elite, 500 00:24:06,200 --> 00:24:10,360 Speaker 18: those big figures in the economy. He owned a fabulous 501 00:24:10,400 --> 00:24:14,639 Speaker 18: apartment just near the After's cleonf It's sold quite recently 502 00:24:15,359 --> 00:24:18,120 Speaker 18: at a reduced prize of around eighteen and a half 503 00:24:18,280 --> 00:24:21,680 Speaker 18: million New Zealand dollars. It was one of many properties 504 00:24:21,800 --> 00:24:25,200 Speaker 18: he owned in Paris. Now, of course who went to 505 00:24:25,320 --> 00:24:28,880 Speaker 18: dinners there? Well, we know that Peter Vanalson went there 506 00:24:29,040 --> 00:24:31,560 Speaker 18: and has we've got photographs of him in his underwear. 507 00:24:32,119 --> 00:24:33,680 Speaker 9: Well also other people who went there. 508 00:24:33,880 --> 00:24:38,080 Speaker 18: Former Culture minister Jack Lang, he went there, but he said, 509 00:24:38,240 --> 00:24:41,359 Speaker 18: like most of them say, had no idea that this 510 00:24:41,560 --> 00:24:44,520 Speaker 18: man was at the heart of a criminal network. Another 511 00:24:44,600 --> 00:24:46,760 Speaker 18: person who seems to have got caught up in this 512 00:24:46,880 --> 00:24:51,520 Speaker 18: as well is Jack Lang, former Culture minister. His daughter 513 00:24:51,680 --> 00:24:55,480 Speaker 18: Caroline had several exchanges and in fact it was discovered 514 00:24:55,640 --> 00:24:59,040 Speaker 18: upon the death of Epstein that he had actually left 515 00:24:59,119 --> 00:25:03,200 Speaker 18: money to her in his will, so that continued on. 516 00:25:03,320 --> 00:25:08,240 Speaker 18: We're also hearing that former French finance minister Brunola Mayer 517 00:25:08,480 --> 00:25:13,800 Speaker 18: he'd also been if you like Epstein, had cultivated relationships with. 518 00:25:13,920 --> 00:25:16,280 Speaker 9: Him as well. We're hearing though all the same thing. 519 00:25:16,640 --> 00:25:19,320 Speaker 9: They didn't know, they weren't where they thought. 520 00:25:19,600 --> 00:25:23,240 Speaker 18: But of course you know, this fabulous, luxurious French flat 521 00:25:23,920 --> 00:25:27,760 Speaker 18: was famous for its parties, famous for its ladies. Who 522 00:25:27,760 --> 00:25:30,359 Speaker 18: would go there, and of course don't forget many of 523 00:25:30,400 --> 00:25:34,840 Speaker 18: those ladies who were recruited to go that came from 524 00:25:35,000 --> 00:25:38,440 Speaker 18: another if you like Powell of Jeffrey Epstein, a Frenchman 525 00:25:38,520 --> 00:25:41,040 Speaker 18: who was running a talent scout agency. 526 00:25:41,440 --> 00:25:43,400 Speaker 9: Again, he was arrested not long after. 527 00:25:43,480 --> 00:25:47,760 Speaker 18: Epstein was arrested and he committed suicide in his cell 528 00:25:47,840 --> 00:25:50,080 Speaker 18: in Paris before he was extradited to the US. 529 00:25:50,320 --> 00:25:52,480 Speaker 2: I want to miss has the Parisian winter got you 530 00:25:52,560 --> 00:25:55,000 Speaker 2: a little bit with some influenza? Catherine Doway. Hear this 531 00:25:55,119 --> 00:25:57,080 Speaker 2: in your voice, I know it is. 532 00:25:57,400 --> 00:25:59,560 Speaker 18: I was a fool, min I have the opportunity of 533 00:25:59,600 --> 00:26:01,280 Speaker 18: out of the stay home one said date, or going 534 00:26:01,440 --> 00:26:03,480 Speaker 18: hiking for two hours in the rain and Versailles. 535 00:26:04,000 --> 00:26:06,000 Speaker 2: Well, you live to tell the story, and I'm sure 536 00:26:06,000 --> 00:26:07,600 Speaker 2: you got some nice photos. Nice to see you, catch 537 00:26:07,680 --> 00:26:10,919 Speaker 2: up next week, Catherine Field in France. The reference, by 538 00:26:10,920 --> 00:26:12,760 Speaker 2: the way, just quickly to Kevin Rudd from the text 539 00:26:12,840 --> 00:26:15,320 Speaker 2: earlier on Rudder is mentioned was meeting. This is not you, 540 00:26:15,480 --> 00:26:16,840 Speaker 2: by the way, which is the other thing that makes 541 00:26:16,880 --> 00:26:19,879 Speaker 2: this whole thing so damn complicated. He was mentioned several 542 00:26:19,920 --> 00:26:22,240 Speaker 2: months ago, well before Christmas, and he was able to 543 00:26:22,280 --> 00:26:24,000 Speaker 2: It was just a meet. It was nothing, nothing weird. 544 00:26:24,040 --> 00:26:25,680 Speaker 2: About it. It was just apparently he had gone to 545 00:26:25,760 --> 00:26:28,320 Speaker 2: a meeting with Epstein, at which point Rudd was able 546 00:26:28,359 --> 00:26:30,720 Speaker 2: to show on the date that the papers show that 547 00:26:30,840 --> 00:26:32,920 Speaker 2: he was supposed to be at the meeting with Epstein, 548 00:26:33,400 --> 00:26:37,160 Speaker 2: he was elsewhere and could prove it, which gave there's 549 00:26:37,160 --> 00:26:39,840 Speaker 2: a whole story another twist, how much of what is 550 00:26:39,960 --> 00:26:46,040 Speaker 2: being dumped is simply wrong. So Rudd gets away? But 551 00:26:46,640 --> 00:26:49,240 Speaker 2: do others turn away from seven the. 552 00:26:49,400 --> 00:26:52,600 Speaker 1: Mic asking Breakfast with the Defender and news togs deadb 553 00:26:52,920 --> 00:26:53,359 Speaker 1: Is it just me? 554 00:26:53,560 --> 00:26:55,359 Speaker 2: Or is the best story floating around today? By a 555 00:26:55,440 --> 00:26:57,920 Speaker 2: mile Hanson and Foster being approached by the rugby Union 556 00:26:57,960 --> 00:26:59,920 Speaker 2: to reapply for the rugby I mean, are you kidding me? 557 00:27:00,160 --> 00:27:03,000 Speaker 2: Are you serious if you don't know what I'm talking about? 558 00:27:03,040 --> 00:27:06,120 Speaker 2: More shortly anyway from Australia, just to update you when 559 00:27:06,160 --> 00:27:08,679 Speaker 2: we left you yesterday and talking to Steve Price, they 560 00:27:08,720 --> 00:27:11,760 Speaker 2: were a couple of things happened. Colin Boyce did his 561 00:27:11,880 --> 00:27:14,399 Speaker 2: challenge for the Nationals leadership of Little Proud. That failed. 562 00:27:14,440 --> 00:27:16,600 Speaker 2: It was always going to fail. What Boyce was looking 563 00:27:16,640 --> 00:27:17,960 Speaker 2: to do was just have a chat about it in 564 00:27:18,040 --> 00:27:20,800 Speaker 2: the caucus room, which they did. Then Little Prow went 565 00:27:20,880 --> 00:27:23,960 Speaker 2: and met Lee to try and stitch back together the 566 00:27:24,080 --> 00:27:27,280 Speaker 2: coalition allegedly, so they met last night. Sybil is the word. 567 00:27:27,880 --> 00:27:31,440 Speaker 2: No deal yet, but it was constructive. Meantime, a bloke 568 00:27:31,520 --> 00:27:33,840 Speaker 2: you may remember called Bernardi, Corey Bernardi, he's a former 569 00:27:33,960 --> 00:27:37,000 Speaker 2: Liberal senator, went and set up his own party. Quit 570 00:27:37,040 --> 00:27:38,760 Speaker 2: the Liberals ages ago, went and set up a party 571 00:27:38,800 --> 00:27:41,440 Speaker 2: called the Conservatives. Didn't go anywhere anyway. He's back. He's 572 00:27:41,520 --> 00:27:44,920 Speaker 2: joined One Nation. And there's another guy called Antik who 573 00:27:45,040 --> 00:27:48,520 Speaker 2: is a senator, current senator. He looks to be recruited 574 00:27:48,560 --> 00:27:51,359 Speaker 2: to One Nation from the coalition as well. So she's 575 00:27:51,680 --> 00:27:55,200 Speaker 2: all continuing to bubble and unfold in OZ five away 576 00:27:55,240 --> 00:27:55,680 Speaker 2: from seven. 577 00:27:56,600 --> 00:27:58,160 Speaker 3: Well, the ins and the outs. 578 00:27:58,480 --> 00:28:02,680 Speaker 1: It's the Biz business paper, Take your business productivity to 579 00:28:02,800 --> 00:28:03,520 Speaker 1: the next level. 580 00:28:03,840 --> 00:28:06,439 Speaker 2: First of the Year twenty twenty six Credit Indicator reports 581 00:28:06,480 --> 00:28:09,600 Speaker 2: from Centric. So do we want some credit? Yes, we do, 582 00:28:09,960 --> 00:28:13,160 Speaker 2: up nine point four percent year on year. More mortgages 583 00:28:13,160 --> 00:28:15,560 Speaker 2: are doing business, so people are borrowing money for mortgages. 584 00:28:15,600 --> 00:28:18,160 Speaker 2: Q four New mortgage lending up fourteen point three percent, 585 00:28:18,240 --> 00:28:21,040 Speaker 2: so that's good. Non mortgage lending up twelve percent, which 586 00:28:21,080 --> 00:28:22,639 Speaker 2: I think is good. Depending on whether you get yourself 587 00:28:22,680 --> 00:28:26,240 Speaker 2: in the stook or not speaking of which Q four 588 00:28:26,359 --> 00:28:28,879 Speaker 2: areas four hundred and seventy one thousand people. That was 589 00:28:29,080 --> 00:28:32,200 Speaker 2: down a little bit year on year. Number of people 590 00:28:32,320 --> 00:28:34,680 Speaker 2: behind on payments more than ninety days of state. Flat 591 00:28:34,760 --> 00:28:38,560 Speaker 2: mortgage areas up for smadge in December, but overall year 592 00:28:38,640 --> 00:28:42,280 Speaker 2: on year lower, Credit card areas higher since May, we're 593 00:28:42,280 --> 00:28:44,200 Speaker 2: still six percent lower than a year ago, So all 594 00:28:44,240 --> 00:28:47,200 Speaker 2: of that big picture stuff is trending well. Cars though, 595 00:28:47,360 --> 00:28:50,720 Speaker 2: interesting because as we often tell you, the cars is 596 00:28:50,760 --> 00:28:52,720 Speaker 2: the for the car is the first payment to go 597 00:28:53,080 --> 00:28:55,840 Speaker 2: and fall behind. So they're up five point eight percent 598 00:28:55,880 --> 00:28:58,040 Speaker 2: in December. That's doubt as in people in trouble five 599 00:28:58,080 --> 00:29:00,800 Speaker 2: point eight percent and six percent higher than a year ago, 600 00:29:00,880 --> 00:29:03,960 Speaker 2: so we're stuck there. Personal loan areas that's up almost 601 00:29:04,000 --> 00:29:07,880 Speaker 2: ten percent. Energy, telco arears both down. Our business side 602 00:29:08,000 --> 00:29:10,760 Speaker 2: liquidation is still way higher than we want. Highest numbers 603 00:29:10,760 --> 00:29:13,600 Speaker 2: since twenty ten. This is a long tail, though I 604 00:29:13,640 --> 00:29:15,680 Speaker 2: wouldn't freak out about that. I'm not freaking out about it. 605 00:29:15,760 --> 00:29:18,040 Speaker 2: Increase of fifty percent in HOSPOW thirty four and I've 606 00:29:18,080 --> 00:29:20,360 Speaker 2: got more on HOSPOW. The media has got to pull 607 00:29:20,400 --> 00:29:21,840 Speaker 2: their finger out and do a bit of job on this. 608 00:29:21,960 --> 00:29:25,520 Speaker 2: We've got to stop writing headlines a nurger hospo outlet closing. 609 00:29:25,560 --> 00:29:27,880 Speaker 2: The story's behind this anyway, I'll work you through that 610 00:29:27,960 --> 00:29:30,760 Speaker 2: before seven thirty. So anyway, liquidations fifty percent in hospow, 611 00:29:31,120 --> 00:29:34,000 Speaker 2: thirty four in retail, and twenty seven percent in transport. 612 00:29:34,320 --> 00:29:36,520 Speaker 2: But that's you know, that's at the back end of 613 00:29:36,880 --> 00:29:40,280 Speaker 2: troubled times. As the recovery kicks and you will still 614 00:29:40,400 --> 00:29:44,320 Speaker 2: see some people going under. The only drop actually in liquidations, 615 00:29:44,360 --> 00:29:48,560 Speaker 2: and this reflects the booming farming sector was agriculture. Liquidations 616 00:29:48,560 --> 00:29:52,520 Speaker 2: there down eleven percent. Right your new stall report with 617 00:29:52,720 --> 00:29:56,200 Speaker 2: your new flash words. Erica Stamford, the Education Minister is 618 00:29:56,200 --> 00:29:57,600 Speaker 2: with us right after the news, which is. 619 00:29:57,640 --> 00:30:02,600 Speaker 3: Next incredible, compelling. The breakfast show you can't best. 620 00:30:02,800 --> 00:30:06,680 Speaker 1: It's the mic asking Breakfast with a Vida, Retirement, Communities, 621 00:30:06,960 --> 00:30:09,080 Speaker 1: Life Your Way, News togs, Dad bes, I. 622 00:30:09,080 --> 00:30:11,000 Speaker 2: Think seven past seven. More change coming to a junior 623 00:30:11,040 --> 00:30:13,720 Speaker 2: classroom near you. We've got the new National Reporting Framework 624 00:30:13,760 --> 00:30:16,480 Speaker 2: for primary and intermediate's. Parents get an update on reading, writing, 625 00:30:16,560 --> 00:30:20,880 Speaker 2: and maths. Five clear markers emerging, developing, consolidating, proficient, and exceeding. 626 00:30:21,080 --> 00:30:23,920 Speaker 2: Erica Stanford is the Education Minister, and it's back with 627 00:30:24,040 --> 00:30:24,440 Speaker 2: this morning. 628 00:30:24,680 --> 00:30:25,320 Speaker 8: Good morning, mate. 629 00:30:25,440 --> 00:30:27,920 Speaker 2: So I'm watching a press conference yesterday as you unfolded that, 630 00:30:28,040 --> 00:30:33,320 Speaker 2: somebody asked whether these words that you're using emerging, developing, consolidating, proficient, 631 00:30:33,440 --> 00:30:37,680 Speaker 2: or exceeding were to be able to be understood by parents. 632 00:30:37,760 --> 00:30:41,200 Speaker 2: Are we just that thick now or what to think that? 633 00:30:41,280 --> 00:30:43,920 Speaker 8: When the journalist asked, may I thought, actually, parents are 634 00:30:44,120 --> 00:30:47,520 Speaker 8: perfectly capable of understanding a scale and a key. And 635 00:30:48,400 --> 00:30:53,120 Speaker 8: actually what the journalist saw missed was the intense detail 636 00:30:53,160 --> 00:30:55,520 Speaker 8: you're now going to get in your maths report. For example, 637 00:30:55,560 --> 00:30:59,280 Speaker 8: it won't just be maths, it'll be algebra, geometry measurement, 638 00:30:59,520 --> 00:31:02,600 Speaker 8: so we know in detail where your child is at 639 00:31:02,760 --> 00:31:05,240 Speaker 8: with each of the strands of maths. And all of 640 00:31:05,320 --> 00:31:08,480 Speaker 8: their rush to look at what the words we were 641 00:31:08,560 --> 00:31:11,400 Speaker 8: using for the descriptors they missed actually the detail that 642 00:31:11,440 --> 00:31:13,080 Speaker 8: we're going to be providing to parents so they know 643 00:31:13,120 --> 00:31:13,920 Speaker 8: where their kids are at. 644 00:31:14,120 --> 00:31:17,280 Speaker 2: So what's the important part is that the series of strands. Therefore, 645 00:31:17,400 --> 00:31:20,520 Speaker 2: the detail or the way it's explained and the explanation 646 00:31:20,640 --> 00:31:22,080 Speaker 2: got a bit woolly. So we didn't know where we 647 00:31:22,200 --> 00:31:22,480 Speaker 2: were at. 648 00:31:24,320 --> 00:31:27,600 Speaker 8: Well, we weren't giving enough detail so we looked to 649 00:31:27,640 --> 00:31:31,400 Speaker 8: be fair. Some schools were, but many schools weren't providing 650 00:31:31,520 --> 00:31:36,640 Speaker 8: that level of detail by strand, and we weren't also 651 00:31:37,280 --> 00:31:41,600 Speaker 8: using a nationwide consistent way of measuring, so it was 652 00:31:41,680 --> 00:31:45,160 Speaker 8: based on teacher judgment or assessments that they were using 653 00:31:45,240 --> 00:31:47,200 Speaker 8: in class that were all different. We are now using 654 00:31:47,280 --> 00:31:51,040 Speaker 8: an assessment tool called smart or PAT. Schools can choose 655 00:31:51,800 --> 00:31:55,600 Speaker 8: to consistently measure across the country how our children are 656 00:31:55,680 --> 00:31:59,320 Speaker 8: doing and use that to triangulate teacher judgment and other 657 00:31:59,440 --> 00:32:03,720 Speaker 8: in class observations. So now we have, for the first 658 00:32:03,760 --> 00:32:07,600 Speaker 8: time in our history, primary intermediate a nationwide consistent too. 659 00:32:07,840 --> 00:32:10,360 Speaker 2: Where does this sit in terms of importance? Given what 660 00:32:10,440 --> 00:32:12,360 Speaker 2: I also read yesterday was the year twelves, the year 661 00:32:12,400 --> 00:32:14,800 Speaker 2: thirteen's the thousands of kids who have just not got 662 00:32:15,160 --> 00:32:18,240 Speaker 2: across the line by the time they leave school. If 663 00:32:18,320 --> 00:32:21,800 Speaker 2: I keep saying seeing emerging, emerging, emerging, emerging their entire 664 00:32:21,880 --> 00:32:24,520 Speaker 2: school life, what's the point of that, they're still failing. 665 00:32:26,400 --> 00:32:28,040 Speaker 8: Well, the point of it is you know, and you 666 00:32:28,080 --> 00:32:29,680 Speaker 8: can do something about it, and you can go and 667 00:32:29,760 --> 00:32:32,040 Speaker 8: sit down with their teacher and have a conversation about 668 00:32:32,480 --> 00:32:34,320 Speaker 8: what are the next steps, And they're learning. How can 669 00:32:34,360 --> 00:32:36,800 Speaker 8: I help at home? How do I go to the 670 00:32:36,880 --> 00:32:39,520 Speaker 8: parent portal for example, that we've now created, which has 671 00:32:39,960 --> 00:32:41,960 Speaker 8: all of the resources for you to be able to 672 00:32:42,040 --> 00:32:45,760 Speaker 8: help your child at home. But without all that, parents 673 00:32:45,800 --> 00:32:48,200 Speaker 8: have been in the dark. And so many times I 674 00:32:48,320 --> 00:32:50,560 Speaker 8: hear parents say to me, my child's at high school 675 00:32:50,560 --> 00:32:51,800 Speaker 8: and I've just learned for the first time that they 676 00:32:51,800 --> 00:32:54,440 Speaker 8: don't know the timestables. I thought that was happening, but 677 00:32:54,600 --> 00:32:57,400 Speaker 8: I never knew. Now you will know, and you can 678 00:32:57,520 --> 00:32:59,640 Speaker 8: do something about it and have a conversation with your teacher, 679 00:33:00,040 --> 00:33:03,160 Speaker 8: do something at home and have a good understanding of 680 00:33:03,200 --> 00:33:03,960 Speaker 8: your child's program. 681 00:33:04,080 --> 00:33:06,920 Speaker 2: Well type so Eric appreciated. Erica Stanford, Education Minister. Ten 682 00:33:06,920 --> 00:33:10,840 Speaker 2: minutes past seven, Mike, my grandson year six arrived home 683 00:33:10,960 --> 00:33:13,280 Speaker 2: yesterday with as Welcome to School booklet and it contained 684 00:33:13,280 --> 00:33:15,360 Speaker 2: all the goals for reading, writing and maths. At last, 685 00:33:15,480 --> 00:33:18,120 Speaker 2: we all know where we're going, so we can support 686 00:33:18,200 --> 00:33:21,760 Speaker 2: them at home. Fancy Margaret. Now, speaking of education, we 687 00:33:21,840 --> 00:33:23,640 Speaker 2: come to the start of our education system where a 688 00:33:23,760 --> 00:33:26,360 Speaker 2: new report from the Outland Principals Association this morning tells 689 00:33:26,440 --> 00:33:29,680 Speaker 2: us ninety percent our primary schools are reporting more children 690 00:33:29,760 --> 00:33:33,000 Speaker 2: arriving without basic skills things like talking, eating, toileting. Kelly 691 00:33:33,080 --> 00:33:35,800 Speaker 2: Seberg is the director of Newshoots Children's Center and is 692 00:33:35,880 --> 00:33:38,800 Speaker 2: with us Kelly, morning to you, Good morning, my l 693 00:33:38,840 --> 00:33:41,320 Speaker 2: a very well, thank you. Is it surprise you these numbers, 694 00:33:41,360 --> 00:33:43,400 Speaker 2: these stats? Well? 695 00:33:43,440 --> 00:33:46,080 Speaker 19: I think is it surprising? I think when you look 696 00:33:46,080 --> 00:33:48,280 Speaker 19: at the numbers that their principals are reporting, they say 697 00:33:48,280 --> 00:33:51,640 Speaker 19: there was about fifteen children in a cohort, And I 698 00:33:51,680 --> 00:33:54,160 Speaker 19: guess when I relate that back to well, how many 699 00:33:54,280 --> 00:33:58,160 Speaker 19: children are not practicing tending EC or perhaps a number 700 00:33:58,200 --> 00:34:02,520 Speaker 19: of children who are not attending see frequently, maybe those 701 00:34:02,560 --> 00:34:06,960 Speaker 19: figures are starting to stack up because I mean, you know, 702 00:34:07,080 --> 00:34:09,360 Speaker 19: from the vast majority of children who come out of 703 00:34:09,400 --> 00:34:12,040 Speaker 19: the Quality Easy environment, we know that they are thriving 704 00:34:12,080 --> 00:34:15,239 Speaker 19: at school, and principal actual report and can say really 705 00:34:15,320 --> 00:34:17,960 Speaker 19: quickly to us whether they can see a childhood comes 706 00:34:17,960 --> 00:34:21,320 Speaker 19: from the Quality Bill Childhood Service or not. So I 707 00:34:21,400 --> 00:34:23,160 Speaker 19: guess this is the question is we've got to ask, 708 00:34:23,200 --> 00:34:25,839 Speaker 19: and we don't have good data around it yet. Is well, 709 00:34:25,840 --> 00:34:28,560 Speaker 19: these children that are turning up to school, who principals 710 00:34:28,560 --> 00:34:30,960 Speaker 19: are saying are not ready, what is going on to them? 711 00:34:31,120 --> 00:34:32,239 Speaker 19: Have they actually been an EC? 712 00:34:32,840 --> 00:34:33,120 Speaker 12: We don't. 713 00:34:33,360 --> 00:34:35,480 Speaker 2: Are you sorry? Sorry, direct Kelly, you're telling me we 714 00:34:35,600 --> 00:34:37,279 Speaker 2: don't know that, we don't have data on that. 715 00:34:38,400 --> 00:34:40,520 Speaker 19: We know where the children that have or haven't, but 716 00:34:40,640 --> 00:34:43,000 Speaker 19: what we don't know these specific children who are tuning 717 00:34:43,120 --> 00:34:46,640 Speaker 19: up to school do. There's no direct link at the 718 00:34:46,760 --> 00:34:48,480 Speaker 19: moment's saying, well, what's going on to them? So the 719 00:34:48,560 --> 00:34:50,839 Speaker 19: principals are just saying, we're suspecting that they. 720 00:34:50,760 --> 00:34:51,480 Speaker 11: Haven't been an ECE. 721 00:34:51,960 --> 00:34:54,160 Speaker 19: The parents report whether they do or don't, but all 722 00:34:54,200 --> 00:34:56,279 Speaker 19: they have to say is have they been an EC? Yes, 723 00:34:56,360 --> 00:34:58,359 Speaker 19: But we have no idea how many hours they've better. 724 00:34:58,680 --> 00:35:01,640 Speaker 19: From the principal's perspective, they don't have a clear picture. 725 00:35:01,880 --> 00:35:04,239 Speaker 2: Could you I mean, the kids that you get that 726 00:35:04,320 --> 00:35:06,520 Speaker 2: are perhaps behind where they should be in an ECE, 727 00:35:07,280 --> 00:35:09,600 Speaker 2: can you turn most of them around or bring them 728 00:35:09,680 --> 00:35:12,280 Speaker 2: up to speed to a point that you're satisfied in general? 729 00:35:13,320 --> 00:35:16,359 Speaker 19: Absolutely, if you have got great quality teachers and you've 730 00:35:16,400 --> 00:35:18,160 Speaker 19: got a child that you need to be able to support. 731 00:35:18,200 --> 00:35:21,600 Speaker 19: And there is actually a new framework that's been rolled 732 00:35:21,600 --> 00:35:24,200 Speaker 19: out over the last couple of years which actually focuses 733 00:35:24,280 --> 00:35:28,000 Speaker 19: on old language, early literacy, MAX and social and emotional development. 734 00:35:28,120 --> 00:35:30,640 Speaker 19: And that same work is there to be able to 735 00:35:30,719 --> 00:35:34,960 Speaker 19: support teachers in bringing children through their learning progressions. So 736 00:35:35,040 --> 00:35:37,280 Speaker 19: we can actually see where these children are at. Okay, 737 00:35:38,120 --> 00:35:40,520 Speaker 19: and so that is absolutely in place, but that's still 738 00:35:40,840 --> 00:35:43,720 Speaker 19: you know, early in the piece. But we can certainly 739 00:35:43,760 --> 00:35:46,960 Speaker 19: support children and also getting additional support. So if we're 740 00:35:46,960 --> 00:35:49,680 Speaker 19: seeing children who are behind in their language and if 741 00:35:49,719 --> 00:35:54,319 Speaker 19: they need some specialist intervention, that's exactly what the place 742 00:35:54,360 --> 00:35:55,400 Speaker 19: that early childhood is for. 743 00:35:55,760 --> 00:35:57,520 Speaker 2: And that's the problem though, isn't it, Kelly. They don't 744 00:35:57,520 --> 00:35:59,360 Speaker 2: go to the EEE, then that's where the problem is 745 00:35:59,400 --> 00:36:01,040 Speaker 2: and we need to do something about that. What that is, 746 00:36:01,080 --> 00:36:03,200 Speaker 2: I don't know appreciate it, Kelly Seaberg, director of New 747 00:36:03,239 --> 00:36:06,120 Speaker 2: Shoots Children's Center. What worries me about some of the numbers, 748 00:36:06,160 --> 00:36:07,759 Speaker 2: and I always worry about these things. Are either that 749 00:36:07,880 --> 00:36:09,719 Speaker 2: or I'm just completely out of touch with what the 750 00:36:09,760 --> 00:36:11,920 Speaker 2: hell's going on in the schooling system, and I wouldn't 751 00:36:11,920 --> 00:36:13,960 Speaker 2: have thought I am. But nevertheless, they so a kid 752 00:36:14,000 --> 00:36:16,359 Speaker 2: who doesn't recognize their letters of their name. I get 753 00:36:16,440 --> 00:36:19,360 Speaker 2: that part, that's a specific doesn't hold a pencil. I 754 00:36:19,480 --> 00:36:21,840 Speaker 2: get that. But then they say they struggle with empathy 755 00:36:21,880 --> 00:36:23,719 Speaker 2: and focus. What does that mean? And who decides that. 756 00:36:23,920 --> 00:36:26,359 Speaker 2: I mean, where's that beginning end? You see what I'm saying? 757 00:36:26,440 --> 00:36:29,200 Speaker 2: So are they Are they trying to be alarmist in 758 00:36:29,280 --> 00:36:32,600 Speaker 2: the problems we have? Or do we have a problems 759 00:36:32,640 --> 00:36:35,479 Speaker 2: that we really should be alarmed about? Thirteen past past 760 00:36:35,520 --> 00:36:38,760 Speaker 2: Gag speaking, which why does Willis Mike have to defend 761 00:36:38,800 --> 00:36:42,080 Speaker 2: a mineral's deal? Since when does normal economic activity get 762 00:36:42,120 --> 00:36:44,200 Speaker 2: so much criticism? Couldn't agree with you more so Luxtion's 763 00:36:44,239 --> 00:36:46,560 Speaker 2: on this program yesterday. I mean, we're a mile off 764 00:36:46,680 --> 00:36:49,399 Speaker 2: doing anything here. This is the US having a word 765 00:36:49,440 --> 00:36:50,799 Speaker 2: worth pretty much as far as we can work out, 766 00:36:50,800 --> 00:36:53,160 Speaker 2: every country in the world are. They're trying to counteract 767 00:36:53,239 --> 00:36:55,080 Speaker 2: China on rare earths and all that sort of stuff. 768 00:36:55,080 --> 00:36:56,360 Speaker 2: And they have a look at a map and they go, right, 769 00:36:56,400 --> 00:36:57,600 Speaker 2: you got a bit of this. You want to do 770 00:36:57,680 --> 00:37:01,080 Speaker 2: some business? That's where we're at some talks. That's it. 771 00:37:01,640 --> 00:37:04,080 Speaker 2: And if we're going to every time something like this 772 00:37:04,200 --> 00:37:06,840 Speaker 2: comes up roll out a winer as to why we 773 00:37:06,920 --> 00:37:10,160 Speaker 2: didn't do anything economically, we literally will be no pun 774 00:37:10,200 --> 00:37:12,520 Speaker 2: intended digging ourselves a whole economically forever. 775 00:37:12,840 --> 00:37:17,800 Speaker 1: Fourteen Past the Like Asking Breakfast Full Show podcast on 776 00:37:18,040 --> 00:37:20,440 Speaker 1: iHeartRadio powered by News Talks at. 777 00:37:20,320 --> 00:37:22,759 Speaker 2: B News Talks seventeen past seven. 778 00:37:22,840 --> 00:37:22,920 Speaker 1: Right. 779 00:37:22,960 --> 00:37:24,560 Speaker 2: So next Smith's trouble with a bottle of wine. This 780 00:37:24,719 --> 00:37:26,640 Speaker 2: was at the noid of Vineyard concert. The Council of 781 00:37:26,640 --> 00:37:28,840 Speaker 2: the Police, the Public Health along with the district licensing 782 00:37:28,840 --> 00:37:31,480 Speaker 2: committee only allowed wine to be served in plastic cups. 783 00:37:31,480 --> 00:37:34,360 Speaker 2: It's all to do with special events licenses apparently. Anyway, 784 00:37:34,400 --> 00:37:36,319 Speaker 2: the Nelson May Nick Smith is with us, Nick morning 785 00:37:36,400 --> 00:37:39,680 Speaker 2: to you, Morning to you night. So who is behind this? 786 00:37:39,840 --> 00:37:43,040 Speaker 2: Who where does the buck stop with the rules and regulations? 787 00:37:43,920 --> 00:37:44,120 Speaker 13: Oll? 788 00:37:44,200 --> 00:37:46,840 Speaker 7: This was for a special license. So nod Off Winery, 789 00:37:46,880 --> 00:37:48,879 Speaker 7: you can go there any day of the week, buy 790 00:37:48,920 --> 00:37:50,759 Speaker 7: a bottle of wine to both take away and have 791 00:37:50,880 --> 00:37:54,480 Speaker 7: a picnic at the gorgeous place in the upper moucery. 792 00:37:55,600 --> 00:38:00,520 Speaker 7: But this is an annual picnic concert. Fifteen hundred odd 793 00:38:00,560 --> 00:38:03,719 Speaker 7: people go along on this event. We had stellar we 794 00:38:03,800 --> 00:38:06,160 Speaker 7: had the mockers, we had the dudes, people out with 795 00:38:06,280 --> 00:38:09,280 Speaker 7: their blankets and for those they need a special license, 796 00:38:09,719 --> 00:38:12,880 Speaker 7: and the licensing authority, which is a mix of police 797 00:38:13,400 --> 00:38:17,120 Speaker 7: and health and counsel, insisted that they not be allowed 798 00:38:17,280 --> 00:38:19,840 Speaker 7: on those occasions, not to be allowed to sell a 799 00:38:19,880 --> 00:38:22,680 Speaker 7: bottle of wine. I've gone to these events might for 800 00:38:22,760 --> 00:38:27,000 Speaker 7: a couple of decades never seen any trouble. Typical group 801 00:38:27,040 --> 00:38:30,400 Speaker 7: of friends go along together with a picnic and dinner, 802 00:38:31,360 --> 00:38:35,640 Speaker 7: have a shaer bottle of wine in a cooler, and 803 00:38:35,760 --> 00:38:37,399 Speaker 7: that's where it's all just a bit over the top. 804 00:38:37,600 --> 00:38:40,320 Speaker 2: Indeed, And do they get that is there any nuance 805 00:38:40,400 --> 00:38:42,879 Speaker 2: in licensing or is it just a blanket rule. It's 806 00:38:42,880 --> 00:38:45,040 Speaker 2: a large gathering, so it's placed a cups full stop. 807 00:38:45,840 --> 00:38:48,560 Speaker 7: Well, it's very much just with the officials because with 808 00:38:48,680 --> 00:38:53,759 Speaker 7: a special license, they say, hey, look, and noodof said, look, 809 00:38:54,120 --> 00:38:56,919 Speaker 7: we would love to observe wine. That's what we've always done. 810 00:38:57,360 --> 00:38:59,040 Speaker 7: But they said to us they wouldn't give us a 811 00:38:59,080 --> 00:39:02,840 Speaker 7: special license unless we agreed to these conditions. Now, of 812 00:39:02,920 --> 00:39:05,480 Speaker 7: course they could appeal it to the local licensing authority. 813 00:39:05,800 --> 00:39:09,480 Speaker 7: That will take six months, costs thousands of thousands of dollars, 814 00:39:10,080 --> 00:39:11,960 Speaker 7: and so they sort of hide behind the law that 815 00:39:12,040 --> 00:39:15,840 Speaker 7: the decisions are made by the district licensing committee. In practice, 816 00:39:15,920 --> 00:39:18,400 Speaker 7: that's not the case with these sorts of special events. 817 00:39:18,760 --> 00:39:21,239 Speaker 7: And that's where we get in trouble. And I just 818 00:39:21,400 --> 00:39:24,839 Speaker 7: keep seeing this over and over again. Mike, I had 819 00:39:25,040 --> 00:39:27,320 Speaker 7: in the middle of Nelson, the Nelson Wine Shop in 820 00:39:27,440 --> 00:39:31,840 Speaker 7: Hardy Street. They had to screen off so that nobody 821 00:39:31,880 --> 00:39:33,799 Speaker 7: from the street would be able to see a wine 822 00:39:33,800 --> 00:39:37,400 Speaker 7: shop a bottle of wine now gone broke. Earlier in 823 00:39:37,520 --> 00:39:40,440 Speaker 7: my term as mayor, these saying people turn up and 824 00:39:40,600 --> 00:39:42,919 Speaker 7: tell us that in the top of Trafalgar Street, we've 825 00:39:42,920 --> 00:39:45,839 Speaker 7: got lots of restaurants with tables outside and we had 826 00:39:45,880 --> 00:39:48,520 Speaker 7: to screen them off because they have it. A child 827 00:39:48,680 --> 00:39:50,800 Speaker 7: might walk into the top end of Trafalgar Street and 828 00:39:50,880 --> 00:39:53,839 Speaker 7: see somebody having a beer or a wine with their meal. 829 00:39:54,320 --> 00:39:57,160 Speaker 7: It's just over zealous and over the top, and we 830 00:39:57,280 --> 00:39:58,120 Speaker 7: do need to pull it in. 831 00:39:58,239 --> 00:39:59,640 Speaker 2: Mate. Good on, You'm nice to talk to you. 832 00:39:59,719 --> 00:39:59,879 Speaker 7: Nick. 833 00:40:00,760 --> 00:40:03,279 Speaker 2: By the way, the Sale and Supply of Alcohol Act, 834 00:40:04,000 --> 00:40:06,399 Speaker 2: which Nicole McKy introduced last August, I don't know where 835 00:40:06,400 --> 00:40:10,759 Speaker 2: it's at legislatively speaking. I'm assuming and Sam will check 836 00:40:10,800 --> 00:40:14,440 Speaker 2: today that this is a fix that once and for 837 00:40:14,520 --> 00:40:16,800 Speaker 2: all they're going to, you know, do something a bit sensible. 838 00:40:16,840 --> 00:40:19,719 Speaker 2: Responsible drinkers, she says, should not be penalized because of 839 00:40:19,719 --> 00:40:21,720 Speaker 2: the behavior of a few. Most people who drink alcohol 840 00:40:21,880 --> 00:40:23,799 Speaker 2: do not have a problem with it. But I'll report 841 00:40:23,880 --> 00:40:24,200 Speaker 2: back on that. 842 00:40:24,280 --> 00:40:29,640 Speaker 1: Seven twenty, the Mike Hosking Breakfast Full Show podcast on 843 00:40:29,920 --> 00:40:32,520 Speaker 1: iHeartRadio powered by NEWSTALKSP. 844 00:40:35,200 --> 00:40:36,960 Speaker 2: Now, if you're a sales leader under pressure to win 845 00:40:37,000 --> 00:40:40,120 Speaker 2: those profitable new business deals, are winning tenders and RFPs 846 00:40:40,280 --> 00:40:42,160 Speaker 2: is the key to success, of course, but not just 847 00:40:42,239 --> 00:40:45,120 Speaker 2: any tender or RFP. What you want is those profitable customers, 848 00:40:45,160 --> 00:40:47,799 Speaker 2: of course, which means being able to carefully select your 849 00:40:47,840 --> 00:40:51,200 Speaker 2: target prospects, invest more creative time with your response, increase 850 00:40:51,239 --> 00:40:53,239 Speaker 2: those odds of winning without the pain of responding. So 851 00:40:53,719 --> 00:40:56,360 Speaker 2: you can make your luck by focusing on the quality 852 00:40:56,400 --> 00:40:59,040 Speaker 2: of your response, not with last minute rehash nonsense, but 853 00:40:59,120 --> 00:41:02,320 Speaker 2: with a consistent, cohesive response. Is where one Net comes in. 854 00:41:02,400 --> 00:41:04,799 Speaker 2: One that can help you win new profitable customers. Now 855 00:41:04,840 --> 00:41:07,919 Speaker 2: one net sister company Grizzly AI. They're gone and built 856 00:41:07,920 --> 00:41:10,520 Speaker 2: that safe and secure software for risk averse businesses and 857 00:41:10,600 --> 00:41:13,520 Speaker 2: that automates the tender and RFP responses with AMA. Now 858 00:41:13,560 --> 00:41:17,279 Speaker 2: Grizzly software means you can create winning proposals faster, at 859 00:41:17,320 --> 00:41:19,160 Speaker 2: a lower cost and with a much higher success rate. 860 00:41:19,200 --> 00:41:20,960 Speaker 2: Who doesn't want a better that? So if you need 861 00:41:21,000 --> 00:41:23,440 Speaker 2: to win new profitable business one net dot co dot nz, 862 00:41:23,560 --> 00:41:26,040 Speaker 2: you got a one net dot co dot Nz. You 863 00:41:26,080 --> 00:41:28,920 Speaker 2: get a complementary consultation that assesses how your business can 864 00:41:28,960 --> 00:41:31,839 Speaker 2: win more RFPs with Grizzly. So you got your one 865 00:41:31,960 --> 00:41:34,480 Speaker 2: lit one net, you got your Grizzly and with that 866 00:41:34,560 --> 00:41:38,560 Speaker 2: you've got a powerful team for increasing your profitability. Husky 867 00:41:38,800 --> 00:41:41,000 Speaker 2: I find myself here at seven twenty four. So small 868 00:41:41,040 --> 00:41:43,880 Speaker 2: tip on news coverage media. Now the media can go 869 00:41:43,960 --> 00:41:46,600 Speaker 2: a small way to redeeming their reputation by asking some 870 00:41:46,680 --> 00:41:48,719 Speaker 2: more questions. Over to thought, one of the current obsessions 871 00:41:48,840 --> 00:41:52,239 Speaker 2: is the closure of hospo outlets. A cafe needs to 872 00:41:52,239 --> 00:41:54,640 Speaker 2: announce their closing. The media can't swoop fast enough with 873 00:41:54,719 --> 00:41:57,520 Speaker 2: the doom and gloom headline. The hospital Association, of course, 874 00:41:57,560 --> 00:41:59,400 Speaker 2: to be fair, doesn't help. They roll out no shortage 875 00:41:59,400 --> 00:42:02,000 Speaker 2: of misery store is as well. Ruby and Auckland Are 876 00:42:02,120 --> 00:42:04,319 Speaker 2: got headlines the other day after they announced they were 877 00:42:04,400 --> 00:42:06,680 Speaker 2: leaving downtown Auckland. Now Ruby is in hospow of course, 878 00:42:06,719 --> 00:42:10,759 Speaker 2: but the same fetish for bad headlines applies. Get into 879 00:42:10,840 --> 00:42:13,160 Speaker 2: the detail of that story. And yes, the Auckland viab 880 00:42:13,239 --> 00:42:15,200 Speaker 2: isn't what it might once have been, as they said, 881 00:42:15,239 --> 00:42:17,799 Speaker 2: but the real reason they were leaving is the space 882 00:42:17,840 --> 00:42:20,000 Speaker 2: didn't suit them anymore. They were off elsewhere and good 883 00:42:20,040 --> 00:42:23,640 Speaker 2: on them, And days later their original space was snapped 884 00:42:23,680 --> 00:42:26,400 Speaker 2: up by a business that was keen to expand. Fast 885 00:42:26,440 --> 00:42:28,720 Speaker 2: forward to this week and it's the Rice bol Burger 886 00:42:28,760 --> 00:42:32,560 Speaker 2: Barre and Wellington Q the stuff headline yesterday another Wellington 887 00:42:32,600 --> 00:42:36,800 Speaker 2: Hospbow business announcers closure. Here's what I know. Every story 888 00:42:36,840 --> 00:42:39,239 Speaker 2: has a story. It's not always the economy. In fact, 889 00:42:39,280 --> 00:42:41,719 Speaker 2: it's often not the economy. In some cases it's the 890 00:42:41,760 --> 00:42:44,880 Speaker 2: wrong place, ie they took the car parks away. Sometimes 891 00:42:44,960 --> 00:42:47,640 Speaker 2: it's bad luck, ie they built the crl around you 892 00:42:47,719 --> 00:42:50,600 Speaker 2: and didn't compensate you. Sometimes it because well you're not 893 00:42:50,680 --> 00:42:53,160 Speaker 2: very good at your job i e. Your food's crap 894 00:42:53,480 --> 00:42:55,920 Speaker 2: and there are better places down the road. Sometimes it's 895 00:42:55,920 --> 00:42:58,600 Speaker 2: about migration. Hospo's an easy way to buy work for 896 00:42:58,640 --> 00:43:00,719 Speaker 2: you in the family. Doesn't mean you're any good or 897 00:43:00,760 --> 00:43:03,000 Speaker 2: you understand the culture, but it is a ticket to 898 00:43:03,040 --> 00:43:05,520 Speaker 2: work and a visa. The evidence, for those who want 899 00:43:05,560 --> 00:43:08,120 Speaker 2: to look at it shows HOSPO for those who work 900 00:43:08,160 --> 00:43:10,520 Speaker 2: han't and offer good food and good service. Guess what 901 00:43:10,680 --> 00:43:14,560 Speaker 2: they do well. The country is sadly though, over hosboat 902 00:43:14,920 --> 00:43:17,600 Speaker 2: and irony of ironies, despite the closure and woe and 903 00:43:17,680 --> 00:43:22,160 Speaker 2: misery headlines. We actually have more hospo outlets than we've 904 00:43:22,239 --> 00:43:26,359 Speaker 2: ever had before. One closes, but at least another one, 905 00:43:26,400 --> 00:43:29,560 Speaker 2: if not more open. But they don't write about the startups, 906 00:43:29,600 --> 00:43:31,160 Speaker 2: do they, because that would be just a little bit 907 00:43:31,200 --> 00:43:34,239 Speaker 2: too upbeat, wouldn't it. Asking Mike, did you see the 908 00:43:34,280 --> 00:43:36,720 Speaker 2: photo of Graham Sydney and Sam Neil at the terrace 909 00:43:36,760 --> 00:43:39,600 Speaker 2: whine not mine? Dinner come across in a couple of 910 00:43:39,680 --> 00:43:43,080 Speaker 2: a grade wealthy Winges. Look, I've got problems with us. 911 00:43:44,000 --> 00:43:46,600 Speaker 2: I don't like people calling other people wealthy winters. Your 912 00:43:46,719 --> 00:43:49,840 Speaker 2: wealth has got nothing to do with your view of 913 00:43:49,920 --> 00:43:52,560 Speaker 2: the world. The fact that you've done well for yourself, 914 00:43:52,680 --> 00:43:55,359 Speaker 2: good on you, and we need more wealthy, successful people 915 00:43:55,440 --> 00:43:58,719 Speaker 2: in this country. As for Winges, you're entitled to your 916 00:43:58,840 --> 00:44:03,200 Speaker 2: view on anything. What you're doing, and I get what 917 00:44:03,280 --> 00:44:07,000 Speaker 2: you're doing is you're associating with what you call sort 918 00:44:07,000 --> 00:44:10,320 Speaker 2: of lovies socialists, people who might have a couple of 919 00:44:10,719 --> 00:44:14,000 Speaker 2: Chardonnays and dollars gather in a room and they like 920 00:44:14,120 --> 00:44:16,040 Speaker 2: their area. It's called a nimbeism, and they don't want 921 00:44:16,080 --> 00:44:18,000 Speaker 2: anything in their local area spoiled. And there's a lot 922 00:44:18,040 --> 00:44:19,720 Speaker 2: of that. It's always been a lot of that. Also, 923 00:44:19,960 --> 00:44:22,520 Speaker 2: here's my problem. You can help me out. I love 924 00:44:22,600 --> 00:44:25,520 Speaker 2: Graham Sydney, I love him. Have a look at one 925 00:44:25,560 --> 00:44:27,880 Speaker 2: of his paintings and tell me that guy is not 926 00:44:28,000 --> 00:44:31,120 Speaker 2: a genius. Then do that while you're opening up a 927 00:44:31,160 --> 00:44:35,080 Speaker 2: bottle of two Paddocks, particularly a single vineyard version of it, 928 00:44:35,160 --> 00:44:37,560 Speaker 2: and tell me that Sam Neil isn't a genius. So 929 00:44:37,680 --> 00:44:39,680 Speaker 2: what you've got there is a couple of geniuses who 930 00:44:39,719 --> 00:44:43,760 Speaker 2: have made an exemplary and extraordinary contribution to the betterment 931 00:44:43,800 --> 00:44:46,960 Speaker 2: of this nation. And I'm sort of see, I don't 932 00:44:46,960 --> 00:44:48,960 Speaker 2: I agree with you. I don't like them mining about mining. 933 00:44:49,000 --> 00:44:51,040 Speaker 2: I'm into mining. Let's get on in mind. But then again, 934 00:44:51,080 --> 00:44:52,560 Speaker 2: I look at a painting and I drink the wine 935 00:44:53,200 --> 00:44:56,359 Speaker 2: and they're nice guys. So do I want to pick 936 00:44:56,400 --> 00:45:01,640 Speaker 2: a fight? Have I been bought out? News next? 937 00:45:02,640 --> 00:45:06,640 Speaker 1: No fluff, just facts and fierce debate. The Mic Hosking 938 00:45:06,719 --> 00:45:10,840 Speaker 1: Breakfast were the defender? Embrace the impossible news Togs deadb. 939 00:45:10,760 --> 00:45:12,800 Speaker 2: Twenty three minutes away from it. Some insight for you 940 00:45:12,920 --> 00:45:15,120 Speaker 2: now on how the tech giants are handling what is 941 00:45:15,120 --> 00:45:18,000 Speaker 2: an increasingly hostile view of social media Australia. Of course, 942 00:45:18,000 --> 00:45:20,000 Speaker 2: I've seen millions of kids account shut down as a 943 00:45:20,040 --> 00:45:22,759 Speaker 2: result of their ban. Are the UK potentially going down 944 00:45:22,840 --> 00:45:25,720 Speaker 2: that same route. France has already put legislation into their parliament. 945 00:45:25,960 --> 00:45:28,360 Speaker 2: One of Meta's most senior executives happens to be in 946 00:45:28,400 --> 00:45:30,320 Speaker 2: the country for what they call a safety camp, and 947 00:45:30,400 --> 00:45:33,120 Speaker 2: Tikeny Davis is the VP and global head of safety 948 00:45:33,239 --> 00:45:35,560 Speaker 2: at Meta and is with us. Very good morning to you. 949 00:45:36,800 --> 00:45:39,920 Speaker 2: Just for context, explain where in the line or chain 950 00:45:40,000 --> 00:45:42,880 Speaker 2: of things you are to Mark Zuckerberg, How important are you? 951 00:45:43,239 --> 00:45:45,200 Speaker 11: I feel like your description was sort of was sort 952 00:45:45,200 --> 00:45:45,680 Speaker 11: of the best. 953 00:45:46,440 --> 00:45:46,920 Speaker 14: I work on. 954 00:45:47,040 --> 00:45:50,360 Speaker 11: Teams safety at METTA. I've been here for eleven years. 955 00:45:50,880 --> 00:45:52,800 Speaker 11: I have a team that works with all of the 956 00:45:52,880 --> 00:45:56,480 Speaker 11: teams across the company to come up with our strategy. 957 00:45:57,000 --> 00:45:58,480 Speaker 11: So I'm right in the center of it. 958 00:45:58,800 --> 00:46:01,000 Speaker 2: Do you know or could wuld you isolate out in 959 00:46:01,040 --> 00:46:04,320 Speaker 2: any given day as part of your job, which strand 960 00:46:04,360 --> 00:46:06,920 Speaker 2: that Meta has? So if you look at Facebook, Install, WhatsApp, 961 00:46:06,960 --> 00:46:11,880 Speaker 2: Messenger and threads, where's the trouble safety wise in your organization? 962 00:46:12,560 --> 00:46:14,719 Speaker 11: I don't know if I would say there's trouble in 963 00:46:14,840 --> 00:46:17,239 Speaker 11: any one app more than another. But I do think 964 00:46:17,320 --> 00:46:21,520 Speaker 11: people are paying close attention to Instagram because so many teens. 965 00:46:21,239 --> 00:46:23,560 Speaker 2: Are on it is Instagram a problem. 966 00:46:24,160 --> 00:46:25,960 Speaker 11: I don't think of Instagram as a problem. I think 967 00:46:26,040 --> 00:46:29,239 Speaker 11: most teens see Instagram as a really effective way to 968 00:46:29,320 --> 00:46:32,800 Speaker 11: build community, to engage in their interests, et cetera. But 969 00:46:33,160 --> 00:46:36,200 Speaker 11: I do understand parents, and I do understand their concerns 970 00:46:36,200 --> 00:46:39,279 Speaker 11: about trying to provide a safe environment. I am a parent, 971 00:46:39,680 --> 00:46:42,000 Speaker 11: she's twenty seven now, and I worried about those things. 972 00:46:42,040 --> 00:46:44,080 Speaker 11: So I do understand why parents are worried about it. 973 00:46:44,160 --> 00:46:44,480 Speaker 14: For sure. 974 00:46:44,640 --> 00:46:47,799 Speaker 2: What's the most egy safety issue going on? As far 975 00:46:47,840 --> 00:46:49,640 Speaker 2: as you're concerned Edgy? 976 00:46:49,840 --> 00:46:51,520 Speaker 11: The most edgy safety issue. 977 00:46:51,280 --> 00:46:52,399 Speaker 2: I think you worry about most. 978 00:46:53,239 --> 00:46:56,000 Speaker 11: I think probably the thing that I worry about most 979 00:46:56,120 --> 00:46:59,320 Speaker 11: is how do we make it simple for parents? Candidly, 980 00:46:59,360 --> 00:47:01,640 Speaker 11: for parents, I think think it's been very hard for them. 981 00:47:01,960 --> 00:47:05,520 Speaker 11: It either involves grabbing that phone from teens, and so, 982 00:47:05,800 --> 00:47:07,440 Speaker 11: what I'd like to see or what we'd like to 983 00:47:07,480 --> 00:47:08,960 Speaker 11: see is a way for parents to be able to 984 00:47:09,000 --> 00:47:11,400 Speaker 11: sort of say yes or no and approve the download. 985 00:47:11,000 --> 00:47:11,439 Speaker 9: Of an app. 986 00:47:11,560 --> 00:47:14,000 Speaker 2: Okay, you'd have to have parents involved. Blah, what do 987 00:47:14,120 --> 00:47:16,160 Speaker 2: you mike all of Australian world. I've done. 988 00:47:17,800 --> 00:47:18,239 Speaker 19: I get it. 989 00:47:18,640 --> 00:47:21,400 Speaker 11: I understand why they're concerned about it. I think the 990 00:47:21,560 --> 00:47:23,640 Speaker 11: impetus to go to a band is that it provides 991 00:47:23,680 --> 00:47:27,239 Speaker 11: a very neat and simple solution. But I think it's 992 00:47:27,480 --> 00:47:30,160 Speaker 11: probably a little bit of a fool's er and in 993 00:47:30,239 --> 00:47:33,279 Speaker 11: the sense that teens are going to move outside and 994 00:47:33,440 --> 00:47:36,640 Speaker 11: around bands. You can't make a band for the entire internet. 995 00:47:36,760 --> 00:47:39,480 Speaker 11: So how do you find a way to really put 996 00:47:39,560 --> 00:47:41,120 Speaker 11: in place what they're trying to do, which is to 997 00:47:41,160 --> 00:47:44,359 Speaker 11: basically create friction? And this is where I think if 998 00:47:44,440 --> 00:47:47,399 Speaker 11: you put parental approval, so anytime you download an app, 999 00:47:47,840 --> 00:47:50,080 Speaker 11: a team goes to download an app, a parent has 1000 00:47:50,160 --> 00:47:52,600 Speaker 11: to say yes or no. In other words, you're starting 1001 00:47:52,640 --> 00:47:56,479 Speaker 11: with a restriction around entering and you're basically saying, Okay, 1002 00:47:56,600 --> 00:47:58,839 Speaker 11: yes you can do this or no you can't. That's 1003 00:47:59,160 --> 00:48:01,560 Speaker 11: a better way to do that across the entire Internet. 1004 00:48:01,800 --> 00:48:04,920 Speaker 2: So how come you couldn't argue that successfully to the Australians. 1005 00:48:05,160 --> 00:48:07,960 Speaker 11: I think Australia moved very quickly. They didn't have a 1006 00:48:08,080 --> 00:48:10,359 Speaker 11: chance to really consult with experts that came up during 1007 00:48:10,400 --> 00:48:12,759 Speaker 11: the time. I think if we'd had more time, we 1008 00:48:12,840 --> 00:48:14,960 Speaker 11: would have been in a better position to make that case. 1009 00:48:15,200 --> 00:48:17,279 Speaker 2: Are you hoping, and I don't want to make this 1010 00:48:17,360 --> 00:48:20,600 Speaker 2: overtly political, but are you hoping it doesn't work? And 1011 00:48:20,760 --> 00:48:23,120 Speaker 2: in not working, you can then go to the next government, 1012 00:48:23,480 --> 00:48:25,600 Speaker 2: off the the cab, off the rank, to say there 1013 00:48:25,640 --> 00:48:25,840 Speaker 2: it is. 1014 00:48:26,120 --> 00:48:28,640 Speaker 11: Yeah, it's a good question. I would never hope for 1015 00:48:28,800 --> 00:48:32,120 Speaker 11: something not to work that's designed to make things better 1016 00:48:32,480 --> 00:48:34,759 Speaker 11: for families. What I'd really hope for is that we 1017 00:48:34,840 --> 00:48:37,120 Speaker 11: can develop a solution that does. 1018 00:48:37,040 --> 00:48:39,800 Speaker 2: Work for them. Do you have a solution in the 1019 00:48:39,920 --> 00:48:44,239 Speaker 2: dark corners of meta that could technically achieve what they 1020 00:48:44,320 --> 00:48:46,400 Speaker 2: want to do, but you just don't want to do 1021 00:48:46,520 --> 00:48:49,040 Speaker 2: it because this is all about you losing customer buzz. 1022 00:48:49,160 --> 00:48:51,919 Speaker 11: Yeah, No, I think it's it's actually really really hard 1023 00:48:52,040 --> 00:48:55,719 Speaker 11: to do what they are asking us to do. There's 1024 00:48:55,760 --> 00:48:59,640 Speaker 11: no simple way without asking everybody to provide some kind 1025 00:48:59,680 --> 00:49:04,120 Speaker 11: of an ID to verify. To verify age that means 1026 00:49:04,160 --> 00:49:07,120 Speaker 11: that every app and kids use about teens is about 1027 00:49:07,160 --> 00:49:10,399 Speaker 11: forty apps are then taking that information. This is again 1028 00:49:10,480 --> 00:49:12,520 Speaker 11: why we're going to this OS app store approach. 1029 00:49:12,800 --> 00:49:15,359 Speaker 2: So the other thing is in Australia this last week 1030 00:49:15,800 --> 00:49:18,840 Speaker 2: there was a story floating around so the daughter this 1031 00:49:19,040 --> 00:49:21,880 Speaker 2: is for it was for Instant or Watts, I can't remember. 1032 00:49:23,320 --> 00:49:26,680 Speaker 2: Puts the phone to the dad's face and the company 1033 00:49:26,800 --> 00:49:30,120 Speaker 2: that you guys employed don't do age. They do face 1034 00:49:30,239 --> 00:49:33,080 Speaker 2: or they just do face not age whatever. Anyway, the 1035 00:49:33,120 --> 00:49:35,120 Speaker 2: point is she got back on her account, right. I 1036 00:49:35,400 --> 00:49:38,359 Speaker 2: don't know now of course, but in general is a thing. 1037 00:49:38,680 --> 00:49:41,120 Speaker 11: Yeah, in general. I mean one of the challenges with 1038 00:49:41,239 --> 00:49:44,719 Speaker 11: all these different technologies is that they work well, but 1039 00:49:44,840 --> 00:49:46,680 Speaker 11: there are ways to get around them, and a lot 1040 00:49:46,760 --> 00:49:49,960 Speaker 11: of you know, people spend time trying to get around them. 1041 00:49:50,320 --> 00:49:53,160 Speaker 11: We've done sort of a multi layered approach to try 1042 00:49:53,239 --> 00:49:56,479 Speaker 11: to try to address that. But there is this moment 1043 00:49:56,560 --> 00:49:59,760 Speaker 11: in time where teens and parents basically purchased the phone 1044 00:50:00,080 --> 00:50:02,880 Speaker 11: and parents have an opportunity to be set the age. 1045 00:50:03,280 --> 00:50:07,080 Speaker 11: And if we use that moment in time, well we'd 1046 00:50:07,160 --> 00:50:09,319 Speaker 11: be in a much better process to create the right 1047 00:50:09,400 --> 00:50:10,760 Speaker 11: sort of multi layered approach. 1048 00:50:11,080 --> 00:50:13,200 Speaker 2: Was this always coming for your sort of companies? This 1049 00:50:13,719 --> 00:50:15,640 Speaker 2: as you put at this moment in time, you know, 1050 00:50:16,200 --> 00:50:18,880 Speaker 2: teen years ago, when this is all like new and fantastic, 1051 00:50:19,000 --> 00:50:21,759 Speaker 2: did somebody in the dark corners of meta go tell 1052 00:50:21,800 --> 00:50:23,680 Speaker 2: you what? Someone at some point is going to push 1053 00:50:23,760 --> 00:50:26,000 Speaker 2: back big time, and we need to prepare for this. 1054 00:50:26,440 --> 00:50:29,120 Speaker 11: Well, I've I've been at Meta for about eleven years, 1055 00:50:29,160 --> 00:50:31,479 Speaker 11: so I do think over the course of the entire 1056 00:50:31,560 --> 00:50:33,360 Speaker 11: time that I've been there, we have been thinking about 1057 00:50:33,640 --> 00:50:36,880 Speaker 11: how do we make our app safe for young people? 1058 00:50:37,000 --> 00:50:39,320 Speaker 11: So we have teen accounts that put kids into built 1059 00:50:39,360 --> 00:50:42,680 Speaker 11: in restrictions and only they can only change them if 1060 00:50:42,680 --> 00:50:46,200 Speaker 11: they're under sixteen, if their parents give them permission. That's 1061 00:50:46,280 --> 00:50:48,719 Speaker 11: all a long journey, over ten years of putting in 1062 00:50:48,760 --> 00:50:51,879 Speaker 11: place over fifty different tools, and throughout this process we've 1063 00:50:51,920 --> 00:50:54,200 Speaker 11: been thinking about how to make it simple. When I 1064 00:50:54,280 --> 00:50:57,440 Speaker 11: came in eleven years ago, my daughter who's now twenty seven, 1065 00:50:57,840 --> 00:51:00,279 Speaker 11: was right in the thick of it, and I had 1066 00:51:00,320 --> 00:51:03,440 Speaker 11: this urgency myself of how do we make something simpler 1067 00:51:03,520 --> 00:51:03,680 Speaker 11: for me? 1068 00:51:04,320 --> 00:51:08,800 Speaker 2: How much of your thinking at Meta is about the 1069 00:51:08,960 --> 00:51:12,600 Speaker 2: idea that really you gotta have the parents on board, 1070 00:51:12,680 --> 00:51:15,920 Speaker 2: all the kids on board. And the alternative to that is, 1071 00:51:16,120 --> 00:51:19,719 Speaker 2: let's all blame big tech because they're rich and successful 1072 00:51:19,800 --> 00:51:23,879 Speaker 2: and they don't care. So that interface between those two conversations, Yeah, 1073 00:51:24,239 --> 00:51:25,799 Speaker 2: you know, look, we all have a. 1074 00:51:25,920 --> 00:51:26,439 Speaker 16: Role to play. 1075 00:51:26,480 --> 00:51:29,880 Speaker 11: If you think about anything with young people, we basically 1076 00:51:30,160 --> 00:51:32,000 Speaker 11: say okay, what are the rules that we want to 1077 00:51:32,040 --> 00:51:34,240 Speaker 11: have in place as a society or on a platform 1078 00:51:34,440 --> 00:51:38,080 Speaker 11: for ours? What are the obligations that we have as 1079 00:51:38,080 --> 00:51:40,600 Speaker 11: a company or you know, a government, what are the 1080 00:51:40,640 --> 00:51:44,279 Speaker 11: obligations that we have to create certain safety safety mechanisms? 1081 00:51:44,560 --> 00:51:47,200 Speaker 11: And then we always see it as a partnership with parents, 1082 00:51:47,239 --> 00:51:49,719 Speaker 11: because parents know a specific thing about their. 1083 00:51:49,719 --> 00:51:51,320 Speaker 9: Child that you or I might not know. 1084 00:51:51,760 --> 00:51:54,920 Speaker 11: And I say parents, but I really should say caregivers because. 1085 00:51:54,680 --> 00:51:57,120 Speaker 2: Not everye of course, were you? You didn't happen to 1086 00:51:57,160 --> 00:51:58,759 Speaker 2: be you remember when Zack a boob fronted up at 1087 00:51:58,800 --> 00:52:01,920 Speaker 2: the congrest hearing? It was only you remember that when 1088 00:52:02,920 --> 00:52:04,600 Speaker 2: y Yeah? Yeah, but the last one where we had 1089 00:52:04,640 --> 00:52:06,520 Speaker 2: to tune around to the families who were staying right, 1090 00:52:06,800 --> 00:52:08,320 Speaker 2: will you they you didn't happen to be there. You 1091 00:52:08,800 --> 00:52:10,480 Speaker 2: I wasn't in the realm okay, but you will have 1092 00:52:10,560 --> 00:52:12,759 Speaker 2: seen that obviously. How do you handle it? What do 1093 00:52:12,800 --> 00:52:15,040 Speaker 2: you say to those families who look at you and go, 1094 00:52:15,280 --> 00:52:16,400 Speaker 2: it's it's on you. 1095 00:52:16,800 --> 00:52:20,280 Speaker 11: Yeah, you know, here's the thing. It's a terrible tragedy, 1096 00:52:20,920 --> 00:52:24,640 Speaker 11: and you can't you can't dismiss those tragedies. It's you know, 1097 00:52:24,960 --> 00:52:29,200 Speaker 11: for those parents, they're dealing with something that's extraordinarily horrible 1098 00:52:29,280 --> 00:52:32,040 Speaker 11: and that they should never have had had to deal with. 1099 00:52:32,640 --> 00:52:36,080 Speaker 11: And we want to make sure that parents feel like 1100 00:52:36,239 --> 00:52:39,920 Speaker 11: they have a sense that they can have peace of 1101 00:52:40,040 --> 00:52:42,239 Speaker 11: mind with our with our apps and services. One of 1102 00:52:42,320 --> 00:52:44,400 Speaker 11: the things with teen accounts was really to put in 1103 00:52:44,480 --> 00:52:48,120 Speaker 11: place safeguards that match up to parents' top concerns. We 1104 00:52:48,239 --> 00:52:50,600 Speaker 11: want them to know that these safeguards are in place. 1105 00:52:50,920 --> 00:52:53,239 Speaker 11: We're not moving these safeguards. The only person, if your 1106 00:52:53,320 --> 00:52:55,759 Speaker 11: teen's under sixteen, who can move those safeguards is you. 1107 00:52:56,800 --> 00:52:59,160 Speaker 11: And then we've also built in additional controls so that 1108 00:52:59,280 --> 00:53:01,359 Speaker 11: if a parent know of a specific issue that their 1109 00:53:01,440 --> 00:53:04,160 Speaker 11: team may be dealing with, they have the ability to 1110 00:53:04,840 --> 00:53:08,040 Speaker 11: see who their team is messaging with. They can see 1111 00:53:08,040 --> 00:53:10,719 Speaker 11: who's following them, who's following their team. They can set 1112 00:53:10,840 --> 00:53:13,440 Speaker 11: time parameters so if their team really struggles with sort 1113 00:53:13,480 --> 00:53:16,440 Speaker 11: of self regulation around time, they can actually put in 1114 00:53:16,560 --> 00:53:19,000 Speaker 11: place a fifteen minute limit for our circus. 1115 00:53:19,960 --> 00:53:22,239 Speaker 2: Will you be able to do you think take your 1116 00:53:22,360 --> 00:53:24,799 Speaker 2: way out of all of this to a point where 1117 00:53:25,080 --> 00:53:27,920 Speaker 2: this is no longer a conversation and if there is 1118 00:53:27,960 --> 00:53:31,360 Speaker 2: a problem or an issue or fury and anger, the 1119 00:53:31,520 --> 00:53:32,560 Speaker 2: take will solve it. 1120 00:53:33,239 --> 00:53:37,600 Speaker 11: Yeah, that's a good question. I would say the tech 1121 00:53:37,680 --> 00:53:41,160 Speaker 11: can solve a lot of pieces, but I don't think 1122 00:53:41,320 --> 00:53:44,200 Speaker 11: it can solve everything, which is one of the reasons 1123 00:53:44,200 --> 00:53:47,200 Speaker 11: that we're pushing for this legislation, because we think it's 1124 00:53:47,280 --> 00:53:50,840 Speaker 11: the combination of legislation that immediately gives parents the right 1125 00:53:50,920 --> 00:53:55,200 Speaker 11: to say yes or no with obligations, which can be 1126 00:53:55,520 --> 00:53:59,320 Speaker 11: legislation or not, doesn't matter, but obligations that parent that 1127 00:54:00,120 --> 00:54:02,160 Speaker 11: to put in place the right safeguards, which is why 1128 00:54:02,239 --> 00:54:06,040 Speaker 11: we've built teen accounts with the ability for parents to 1129 00:54:06,200 --> 00:54:09,359 Speaker 11: see and have controls. It's that combination that I think 1130 00:54:09,520 --> 00:54:11,040 Speaker 11: will provide us with a path. 1131 00:54:10,840 --> 00:54:14,680 Speaker 2: Out broad based II question bad actors generally, how big 1132 00:54:14,760 --> 00:54:19,360 Speaker 2: a problem are bad actors using things like AI looking 1133 00:54:19,440 --> 00:54:21,360 Speaker 2: to cause trouble on your platforms? 1134 00:54:21,960 --> 00:54:25,080 Speaker 11: Bad actors are adversarial, so they're always trying to find 1135 00:54:25,120 --> 00:54:27,480 Speaker 11: ways around the safeguards that we've put in place. 1136 00:54:27,520 --> 00:54:28,040 Speaker 2: Are you winning? 1137 00:54:28,719 --> 00:54:32,480 Speaker 11: I actually think AI provides a really great opportunity for 1138 00:54:32,760 --> 00:54:36,240 Speaker 11: us more than for the bad actors, in the sense 1139 00:54:36,320 --> 00:54:40,320 Speaker 11: that we are able to train bad the AI to 1140 00:54:40,600 --> 00:54:44,440 Speaker 11: sort of identify their behaviors in much more sophisticate, caated 1141 00:54:44,480 --> 00:54:47,080 Speaker 11: ways that are much less predictable for them to sort 1142 00:54:47,160 --> 00:54:47,759 Speaker 11: through any gain. 1143 00:54:47,840 --> 00:54:50,600 Speaker 2: Because here's my personal question to you. I've got a 1144 00:54:50,640 --> 00:54:52,799 Speaker 2: profile in this country, and I've been on the end 1145 00:54:52,840 --> 00:54:56,480 Speaker 2: of any number of scams, and I look at those 1146 00:54:56,680 --> 00:54:58,760 Speaker 2: and I think, if you can't see that, you're an idiot. 1147 00:54:58,840 --> 00:55:01,840 Speaker 2: Because they're not that good, and yet people full for 1148 00:55:01,920 --> 00:55:03,759 Speaker 2: them all the time. I'm assuming that's only going to 1149 00:55:03,800 --> 00:55:06,960 Speaker 2: get whiz. They will get the. 1150 00:55:07,000 --> 00:55:09,759 Speaker 11: Bad actors because their officeri will get will always try 1151 00:55:09,800 --> 00:55:11,840 Speaker 11: to get better and get around our systems. But the 1152 00:55:11,920 --> 00:55:15,040 Speaker 11: technology gets much more sophisticated. So for example, and sort 1153 00:55:15,040 --> 00:55:18,600 Speaker 11: of that clickbait of popular public figures, we're now using 1154 00:55:18,640 --> 00:55:22,160 Speaker 11: these facial recognition tools and testing them to. 1155 00:55:22,719 --> 00:55:25,759 Speaker 2: Stop that type of skin Do you find your job 1156 00:55:26,560 --> 00:55:31,440 Speaker 2: enriching or problematic in this day and age? I, you know, 1157 00:55:33,080 --> 00:55:33,600 Speaker 2: I think. 1158 00:55:33,480 --> 00:55:37,520 Speaker 11: There are very few places where I would have the 1159 00:55:38,200 --> 00:55:41,799 Speaker 11: kind of opportunity that I have at META to put 1160 00:55:41,920 --> 00:55:45,760 Speaker 11: in place tools and safeguards that are helpful to parents. 1161 00:55:46,120 --> 00:55:49,880 Speaker 11: Before joining META, I actually was a middle school teacher. 1162 00:55:50,160 --> 00:55:53,160 Speaker 11: I taught, I have a law degree I had. I 1163 00:55:53,280 --> 00:55:55,560 Speaker 11: was working for a regulator of thinking about these things. 1164 00:55:55,920 --> 00:55:58,400 Speaker 11: Most of my career has been spent a lot of 1165 00:55:58,440 --> 00:56:00,800 Speaker 11: time on thinking about parents, families and how do we 1166 00:56:00,880 --> 00:56:03,240 Speaker 11: support them, and you can do that at great scale 1167 00:56:03,800 --> 00:56:06,880 Speaker 11: matter and so I feel and they're very supportive of 1168 00:56:07,000 --> 00:56:07,640 Speaker 11: matter of that work. 1169 00:56:07,719 --> 00:56:10,200 Speaker 2: Fantastic. Nice to meet you, and you must come in again. 1170 00:56:10,840 --> 00:56:13,279 Speaker 2: Nice to see Antagony Davis out of Meta. This morning 1171 00:56:13,320 --> 00:56:14,120 Speaker 2: thirteen to eight. 1172 00:56:15,560 --> 00:56:20,000 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered 1173 00:56:20,080 --> 00:56:21,040 Speaker 1: by News Talks at Me. 1174 00:56:22,400 --> 00:56:25,000 Speaker 2: Oh, Mike, this lady actually sounds very authentic and credible. 1175 00:56:25,040 --> 00:56:27,239 Speaker 2: Good interview. Thank you, I thought so too. Not you 1176 00:56:27,280 --> 00:56:29,160 Speaker 2: know that it's a good interview. And I'm not marking 1177 00:56:29,200 --> 00:56:32,440 Speaker 2: myself here. I'm not progressing or immersing. And if you were, 1178 00:56:32,520 --> 00:56:34,720 Speaker 2: what would you give yourself that I'm excelling. Of course, 1179 00:56:35,120 --> 00:56:38,640 Speaker 2: come on, I'm excelling. But having said that, if you're 1180 00:56:38,640 --> 00:56:41,920 Speaker 2: a conspiracy theorist, the thing the revelation at the end 1181 00:56:41,960 --> 00:56:44,000 Speaker 2: of that, that's the right word, revelation. She used to 1182 00:56:44,000 --> 00:56:46,600 Speaker 2: be a primary teacher. If you were a conspiracy theorist, 1183 00:56:46,640 --> 00:56:49,239 Speaker 2: you go, it's exactly the sort of person Zuckerberg would 1184 00:56:49,280 --> 00:56:53,000 Speaker 2: hire in a safety job. Get a primary teacher. She 1185 00:56:53,160 --> 00:56:56,120 Speaker 2: looks innocent. But then we can really get on and 1186 00:56:56,239 --> 00:56:59,439 Speaker 2: rampaging technologically around the world and cause encounter to see 1187 00:56:59,440 --> 00:57:02,759 Speaker 2: what I'm saying. And that's the great debate at the moment. 1188 00:57:02,880 --> 00:57:06,719 Speaker 2: Do you believe big tech and best intentions or do 1189 00:57:06,800 --> 00:57:08,919 Speaker 2: you think the big tech is really about the bottom line? 1190 00:57:09,000 --> 00:57:11,360 Speaker 2: And if there's countage along the way, who cares? And 1191 00:57:11,719 --> 00:57:13,480 Speaker 2: and that is part of the great debate. Mikey, you're 1192 00:57:13,480 --> 00:57:16,200 Speaker 2: going to talk about this New Zealand boxing drama. I'd 1193 00:57:16,240 --> 00:57:21,040 Speaker 2: hate it to turn into aball New Zealand saga. Yeah, 1194 00:57:21,080 --> 00:57:23,960 Speaker 2: I must congratulate may Heron, who's the TV one reporter 1195 00:57:24,080 --> 00:57:26,400 Speaker 2: who seems to have dug this up herself and run 1196 00:57:26,480 --> 00:57:29,160 Speaker 2: with it. And in a day of very few exclusives 1197 00:57:29,240 --> 00:57:32,120 Speaker 2: in modern media, she's got herself a good one. And 1198 00:57:32,640 --> 00:57:34,960 Speaker 2: Mitchell's on the program Tomorrow's Minister of Sports and we'll 1199 00:57:35,000 --> 00:57:37,760 Speaker 2: mention it briefly there, but let's see how this unfolds. 1200 00:57:37,840 --> 00:57:40,360 Speaker 2: But suffice to say, at this current point in time, 1201 00:57:40,680 --> 00:57:44,080 Speaker 2: it's different to netball. Netball was about incompetence. I'm not 1202 00:57:44,200 --> 00:57:46,880 Speaker 2: convinced this is about incompetence. That all this is about 1203 00:57:46,960 --> 00:57:51,479 Speaker 2: something far and more unfortunately, far more nefarious. Seven away 1204 00:57:51,480 --> 00:57:51,919 Speaker 2: from eight. 1205 00:57:52,640 --> 00:57:56,360 Speaker 3: The make Hosking breakfast with Bailey's real estate Newstalks. 1206 00:57:56,360 --> 00:57:58,520 Speaker 2: The'd be Mike. Have you seen the movie Mountain Head, 1207 00:57:58,680 --> 00:58:01,000 Speaker 2: Yes and no. Yes. I didn't get through it all 1208 00:58:01,000 --> 00:58:03,760 Speaker 2: because it was so fantastically stupid. I didn't want to 1209 00:58:03,800 --> 00:58:05,640 Speaker 2: waste any more of my time. But I know your reference. 1210 00:58:05,680 --> 00:58:07,240 Speaker 2: You're talking about some guys who get together in a 1211 00:58:07,320 --> 00:58:09,960 Speaker 2: mountain to control the world, and they're allegedly the heads 1212 00:58:09,960 --> 00:58:12,560 Speaker 2: of all the tech firms. It's just complete idiocy. Justin 1213 00:58:12,680 --> 00:58:16,480 Speaker 2: from Trump twenty five down to eighteen percent for tariffs 1214 00:58:16,560 --> 00:58:20,320 Speaker 2: for who India. They are going to stop buying Russian oil, 1215 00:58:20,400 --> 00:58:23,080 Speaker 2: which is no bad thing at all. They're all delighted 1216 00:58:23,160 --> 00:58:25,480 Speaker 2: with the agreement, including motor who's been on X saying 1217 00:58:25,520 --> 00:58:28,640 Speaker 2: he's delighted with the agreement. The oil they're going to 1218 00:58:28,680 --> 00:58:33,240 Speaker 2: get us from the United States and potentially Venezuela cars. 1219 00:58:34,360 --> 00:58:37,520 Speaker 2: Most stolen car for the year again the Aqua, the 1220 00:58:37,680 --> 00:58:41,640 Speaker 2: Aqua Toyota Aqua. Last four years, it's been stolen more 1221 00:58:41,680 --> 00:58:44,640 Speaker 2: than any other car going and a am I alone 1222 00:58:44,760 --> 00:58:47,400 Speaker 2: deal with more than nine thousand vehicle thefts a year. 1223 00:58:48,240 --> 00:58:50,480 Speaker 2: Vehicle are attempted thefts a year, nine thousand. It's a 1224 00:58:50,520 --> 00:58:52,440 Speaker 2: lot of car to out Corolla. What is it with Toyota. 1225 00:58:53,360 --> 00:58:55,600 Speaker 2: I mean it's not the numbers, one of those stories 1226 00:58:55,760 --> 00:58:58,640 Speaker 2: numbers game, So Aqua v. Corolla. So a lot of 1227 00:58:58,680 --> 00:59:00,600 Speaker 2: them about bound to get stolen, but this and Tita 1228 00:59:00,600 --> 00:59:02,240 Speaker 2: wouldn't have thought as many in this and Tita's about 1229 00:59:02,280 --> 00:59:05,600 Speaker 2: the place. Not a huge number anyway, their third Auckland. 1230 00:59:05,680 --> 00:59:08,960 Speaker 2: The most number of car thefts obs are Canterbury Wycatto, 1231 00:59:09,040 --> 00:59:12,480 Speaker 2: Wellington and by a plenty follow that. So Aqua, Corolla, Tea, 1232 00:59:12,640 --> 00:59:20,000 Speaker 2: Demio viits high Lux impressa at Tenza, the Toyota mark X, 1233 00:59:20,120 --> 00:59:22,680 Speaker 2: the Mark ten. I never heard of it, Masda exceller 1234 00:59:24,080 --> 00:59:26,200 Speaker 2: it's the Mark ten? Is it the Mark x? 1235 00:59:26,280 --> 00:59:28,480 Speaker 13: Ah, it's the kind of car that Sam would drive. 1236 00:59:29,000 --> 00:59:33,440 Speaker 2: It's a Sam type, Sam's car, wasn't it? The next 1237 00:59:33,480 --> 00:59:37,680 Speaker 2: allers cows, okay, you better live just before the news 1238 00:59:38,400 --> 00:59:40,000 Speaker 2: which is next as it turns. 1239 00:59:39,760 --> 00:59:44,480 Speaker 1: In asking the questions others won't the mic asking breakfast 1240 00:59:44,720 --> 00:59:47,360 Speaker 1: with Bailey's real estate doing real estate differently. 1241 00:59:47,520 --> 00:59:50,240 Speaker 3: Since nineteen seventy three, news togs had been. 1242 00:59:50,320 --> 00:59:52,240 Speaker 13: Got into There's money. 1243 00:59:52,640 --> 00:59:55,320 Speaker 2: It is seven past eight Money Time Finance Talk with 1244 00:59:55,680 --> 00:59:58,280 Speaker 2: Chris Kohler. He is the finance editor at nine Channel 1245 00:59:58,320 --> 01:00:00,320 Speaker 2: nine TV nine in Australia. Some of the well known 1246 01:00:00,320 --> 01:00:03,320 Speaker 2: Australian financial journalist if you follow such matters media personality 1247 01:00:03,400 --> 01:00:06,439 Speaker 2: Allen Cohler. He's become very popular too on social media, 1248 01:00:06,520 --> 01:00:09,240 Speaker 2: has Chris As. He makes the dry old world of 1249 01:00:09,320 --> 01:00:11,720 Speaker 2: money entertaining anyway. He's got a book out's called How 1250 01:00:11,920 --> 01:00:14,720 Speaker 2: They Get You And Chris Cohler's with us morning. 1251 01:00:14,600 --> 01:00:16,840 Speaker 13: Good morning, Mike, good to be with you, right, Chris. 1252 01:00:16,840 --> 01:00:19,880 Speaker 2: Let's start with us. I speak unfortunately and slightly embarrassed 1253 01:00:19,920 --> 01:00:22,480 Speaker 2: this morning by our dollar. It's sitting about eighty five 1254 01:00:22,600 --> 01:00:24,760 Speaker 2: eighty six Australian at the moment. I also read, by 1255 01:00:24,800 --> 01:00:28,440 Speaker 2: the way, the Australian's bridge seventy US. Someone told me 1256 01:00:28,520 --> 01:00:31,640 Speaker 2: the other day it could go to ninety US by 1257 01:00:31,720 --> 01:00:34,160 Speaker 2: the end of the year. What's going on? 1258 01:00:34,680 --> 01:00:36,480 Speaker 10: That's the big question, isn't it. I mean, you get 1259 01:00:36,560 --> 01:00:38,520 Speaker 10: a different answer depending on who you ask on that one. 1260 01:00:38,560 --> 01:00:42,280 Speaker 10: There's a lot of professional foreign exchange traders and analysts 1261 01:00:42,320 --> 01:00:44,400 Speaker 10: who are kind of all over the page on where 1262 01:00:44,440 --> 01:00:48,640 Speaker 10: these currencies are heading. I mean, the big reason there's 1263 01:00:48,720 --> 01:00:51,200 Speaker 10: broad based weakness in the US dollar. There's a lot 1264 01:00:51,240 --> 01:00:54,320 Speaker 10: of commodity price strength which tends to help the Australian dollar, 1265 01:00:54,360 --> 01:00:56,760 Speaker 10: and the New Zealand dollar tends to parrot what the 1266 01:00:56,800 --> 01:00:59,880 Speaker 10: Australian dollar does at least a little bit. And then 1267 01:01:00,000 --> 01:01:02,360 Speaker 10: you've got the general risk on the sentiment as well. 1268 01:01:02,600 --> 01:01:05,280 Speaker 10: Of course, you've also got this increasing chance of an 1269 01:01:05,280 --> 01:01:09,280 Speaker 10: interest rate hike here in Australia next Tuesday's meeting. So 1270 01:01:09,360 --> 01:01:12,560 Speaker 10: all these things taken together are pushing the Australian dollar 1271 01:01:12,640 --> 01:01:15,880 Speaker 10: to high has not seen for three years, and also 1272 01:01:15,960 --> 01:01:17,880 Speaker 10: having some effects to on the New Zealand dollar as 1273 01:01:17,920 --> 01:01:20,080 Speaker 10: well as for where we're going, As I said, I mean, 1274 01:01:20,320 --> 01:01:22,880 Speaker 10: it kind of depends who you ask. There are some 1275 01:01:23,080 --> 01:01:24,800 Speaker 10: out there who say that the Aussie dollar is going 1276 01:01:24,840 --> 01:01:25,520 Speaker 10: to come back down. 1277 01:01:26,120 --> 01:01:27,760 Speaker 13: Others say it's going to go further. 1278 01:01:27,840 --> 01:01:30,280 Speaker 10: I mean, look, luckily for me, I talk about what 1279 01:01:30,320 --> 01:01:32,440 Speaker 10: happened today and yesterday, not what's going to happen tomorrow, 1280 01:01:32,480 --> 01:01:33,840 Speaker 10: which is great because I never know. 1281 01:01:34,000 --> 01:01:36,520 Speaker 2: When you say, go out into Martin place and talk 1282 01:01:36,600 --> 01:01:38,360 Speaker 2: to your average Australian. At the moment you've got a 1283 01:01:38,400 --> 01:01:41,720 Speaker 2: strong dollar, that's good. Michelle Bullock at the RB she 1284 01:01:41,880 --> 01:01:44,080 Speaker 2: may well be hiking before we know it. Would the 1285 01:01:44,240 --> 01:01:47,400 Speaker 2: average Australian tell you that things broadly speaking are pretty 1286 01:01:47,400 --> 01:01:48,200 Speaker 2: good overall or not. 1287 01:01:48,720 --> 01:01:51,040 Speaker 10: Look, I think the answer to that is probably not really. 1288 01:01:51,360 --> 01:01:53,479 Speaker 10: Of course, it depends on your situation. But we track 1289 01:01:53,560 --> 01:01:56,440 Speaker 10: something called the Consumer Sentiment Data which comes out each 1290 01:01:56,520 --> 01:02:01,040 Speaker 10: month from Westpac, and it is continuing below long run 1291 01:02:01,080 --> 01:02:04,840 Speaker 10: averages it has been for some time. So generally speaking, 1292 01:02:05,240 --> 01:02:09,560 Speaker 10: the sentiment is pessimistic. The idea is that things are 1293 01:02:09,600 --> 01:02:11,320 Speaker 10: not going to get better, but you know, we're going 1294 01:02:11,360 --> 01:02:15,440 Speaker 10: to have to continue our tight household budgetary stance for 1295 01:02:15,560 --> 01:02:18,520 Speaker 10: a while. We had three interest rate cuts here in 1296 01:02:18,520 --> 01:02:21,120 Speaker 10: Australia in twenty twenty five, but all of a sudden, 1297 01:02:21,200 --> 01:02:24,080 Speaker 10: as I stand here now, it looks like we're going 1298 01:02:24,120 --> 01:02:26,720 Speaker 10: to get some interest rate hikes in twenty twenty six, 1299 01:02:27,720 --> 01:02:30,840 Speaker 10: so people take that on. The average new mortgage in 1300 01:02:30,840 --> 01:02:33,160 Speaker 10: Australia is now seven hundred thousand dollars, so an interest 1301 01:02:33,240 --> 01:02:36,440 Speaker 10: rate hike adds about one hundred dollars a month to 1302 01:02:36,640 --> 01:02:39,919 Speaker 10: the bank in interest for those people, and that's felt 1303 01:02:39,920 --> 01:02:41,280 Speaker 10: immediately and severely. 1304 01:02:41,520 --> 01:02:44,480 Speaker 2: Now as regards your book, how they get you? How 1305 01:02:44,600 --> 01:02:45,200 Speaker 2: do they get you? 1306 01:02:47,240 --> 01:02:50,040 Speaker 10: Well, it's the book with twenty four chapters. There's twenty 1307 01:02:50,120 --> 01:02:52,480 Speaker 10: four ways that I look at how they get you 1308 01:02:52,600 --> 01:02:55,680 Speaker 10: and they of course is different in each chapter, but 1309 01:02:55,800 --> 01:02:58,200 Speaker 10: it's a range of things. It's you know, how insurance 1310 01:02:58,280 --> 01:03:01,680 Speaker 10: companies operate in making sure or that their margins are 1311 01:03:01,720 --> 01:03:03,680 Speaker 10: the best that they possibly can be. It's about how 1312 01:03:03,800 --> 01:03:07,040 Speaker 10: mortgages operate in the number of fees that we kind 1313 01:03:07,080 --> 01:03:11,320 Speaker 10: of let slip under our radar, subscriptions, food delivery, car loans. 1314 01:03:11,320 --> 01:03:13,840 Speaker 10: I mean, they're kind of the intent of the book 1315 01:03:14,440 --> 01:03:17,520 Speaker 10: is to have a good, thorough look at something that 1316 01:03:18,360 --> 01:03:21,640 Speaker 10: tends to be boring and pushed to the side. 1317 01:03:21,840 --> 01:03:23,200 Speaker 2: Do you think it's boring? I mean, do you think 1318 01:03:23,280 --> 01:03:26,280 Speaker 2: people at least in part sort of don't understand it. Maybe, 1319 01:03:26,320 --> 01:03:28,360 Speaker 2: and because they don't understand that they can excuse it. 1320 01:03:28,680 --> 01:03:30,800 Speaker 10: I think people are really smart, actually, I think that 1321 01:03:31,040 --> 01:03:34,120 Speaker 10: they just are presented with information in a way that 1322 01:03:34,320 --> 01:03:37,919 Speaker 10: makes them feel like it's nebulous, or it's above their heads, 1323 01:03:38,080 --> 01:03:40,400 Speaker 10: or they don't have the right education. But I think 1324 01:03:40,560 --> 01:03:44,880 Speaker 10: for most people, their radar of when something isn't fair 1325 01:03:45,240 --> 01:03:47,720 Speaker 10: and when something is a bit off is really good. 1326 01:03:48,520 --> 01:03:51,400 Speaker 10: But I think that they're not given the tools to 1327 01:03:51,720 --> 01:03:54,480 Speaker 10: argue with financial institutions in a way that might help them. 1328 01:03:55,600 --> 01:03:58,280 Speaker 10: There's not a lot of financial education that's done young 1329 01:03:58,680 --> 01:04:01,800 Speaker 10: which then stays with you. But I think for the 1330 01:04:01,880 --> 01:04:05,680 Speaker 10: most part, people just need to apply a little bit 1331 01:04:05,680 --> 01:04:08,680 Speaker 10: of the kind of now so that they give themselves 1332 01:04:08,920 --> 01:04:10,800 Speaker 10: elsewhere in their lives, and they just need to sit 1333 01:04:10,880 --> 01:04:13,360 Speaker 10: down once every couple of months and give a hard 1334 01:04:13,440 --> 01:04:16,160 Speaker 10: time to the institutions that they're handing over all their 1335 01:04:16,200 --> 01:04:16,880 Speaker 10: hard owned money to. 1336 01:04:17,240 --> 01:04:17,400 Speaker 12: Now. 1337 01:04:17,520 --> 01:04:19,480 Speaker 2: Hell day, you do, Hell day, don't you? 1338 01:04:20,960 --> 01:04:23,600 Speaker 13: Well, yeah, I do, and it is it's hell day 1339 01:04:23,680 --> 01:04:24,080 Speaker 13: for me too. 1340 01:04:24,120 --> 01:04:25,640 Speaker 10: I mean, it's kind of one of those things where 1341 01:04:25,680 --> 01:04:27,720 Speaker 10: I every six months, I try to sit down and 1342 01:04:27,800 --> 01:04:31,040 Speaker 10: look at what I'm paying for utilities, look at what 1343 01:04:31,160 --> 01:04:34,800 Speaker 10: my variable mortgage rate is sitting at, you know what 1344 01:04:35,000 --> 01:04:37,600 Speaker 10: my insurance, car loans, all these sorts of things, and 1345 01:04:37,720 --> 01:04:39,920 Speaker 10: I just try to create a stack. I try to 1346 01:04:39,960 --> 01:04:41,560 Speaker 10: work through it as many on the list as I can, 1347 01:04:41,640 --> 01:04:43,480 Speaker 10: and even if it's one or two things that day, 1348 01:04:43,560 --> 01:04:45,640 Speaker 10: I still consider it to be a win because I've 1349 01:04:45,640 --> 01:04:47,960 Speaker 10: saved a little bit of money. And in the end, 1350 01:04:48,400 --> 01:04:51,080 Speaker 10: as we were saying, with interest rates and kind of 1351 01:04:51,120 --> 01:04:53,760 Speaker 10: the general situation where being presented with, I mean, saving 1352 01:04:53,800 --> 01:04:56,920 Speaker 10: a little bit of money is extremely important at the moment. 1353 01:04:56,800 --> 01:04:59,080 Speaker 2: Because that for real, Because I mean I look at 1354 01:04:59,200 --> 01:05:00,760 Speaker 2: so I mean, you can say a few dollars if 1355 01:05:00,800 --> 01:05:03,320 Speaker 2: you work hard on you I don't know car insurance, 1356 01:05:03,440 --> 01:05:05,520 Speaker 2: or you can say four dollars fifty seven a month 1357 01:05:05,560 --> 01:05:07,439 Speaker 2: if you change power companies. So a lot of people, 1358 01:05:07,480 --> 01:05:10,560 Speaker 2: of course, can't be bothered. That's the whole churn argument. 1359 01:05:11,080 --> 01:05:13,360 Speaker 2: So do you subscribe to that? Look after the pennies 1360 01:05:13,360 --> 01:05:14,760 Speaker 2: and the pounds will take care of themselves. 1361 01:05:15,240 --> 01:05:17,640 Speaker 13: I do. I also think that it's more than pennies 1362 01:05:18,040 --> 01:05:18,600 Speaker 13: at the moment. 1363 01:05:18,680 --> 01:05:21,120 Speaker 10: I mean we're talking about, as I said, the difference 1364 01:05:21,160 --> 01:05:23,680 Speaker 10: between the best and the worst mortgage rate out there at. 1365 01:05:23,560 --> 01:05:26,200 Speaker 13: The moment is a couple hundred bucks a month for people. 1366 01:05:26,280 --> 01:05:29,160 Speaker 10: The difference between the best and the worst in insurance, 1367 01:05:29,160 --> 01:05:31,640 Speaker 10: whether it's time insurance, car insurance, or life insurance, is 1368 01:05:31,680 --> 01:05:34,200 Speaker 10: also probably going to be dozens of dollars a month, 1369 01:05:34,240 --> 01:05:36,440 Speaker 10: if not hundreds. I mean, you start to do this 1370 01:05:36,960 --> 01:05:39,960 Speaker 10: for various pockets of your financial life, and you do 1371 01:05:40,760 --> 01:05:44,120 Speaker 10: notice a difference. It's kind of that. You know, dollar 1372 01:05:44,160 --> 01:05:46,959 Speaker 10: sage is a dollar earned. We're all focused on making 1373 01:05:47,000 --> 01:05:50,120 Speaker 10: sure that our income continues to rise. You know, what 1374 01:05:50,280 --> 01:05:53,320 Speaker 10: ages need to outpace inflation. I think it's very important 1375 01:05:53,360 --> 01:05:55,600 Speaker 10: to have a good hard look at the money that 1376 01:05:55,640 --> 01:05:57,920 Speaker 10: we're spending and whether or not we can be spending less. 1377 01:05:57,920 --> 01:06:00,560 Speaker 10: I mean, these are essential costs, is what I'm talking about. 1378 01:06:01,080 --> 01:06:03,360 Speaker 10: Never mind the you know, the budget that we're putting 1379 01:06:03,400 --> 01:06:05,960 Speaker 10: towards discretionary or non essential things. 1380 01:06:06,080 --> 01:06:08,640 Speaker 2: Yeah, exactly, Okay, listen, hold on, come back in a moment. 1381 01:06:08,680 --> 01:06:10,720 Speaker 2: The book is How They Get You. Chris Cold Australian 1382 01:06:10,760 --> 01:06:12,760 Speaker 2: financial journalists with the thirteen past. 1383 01:06:13,360 --> 01:06:17,760 Speaker 1: The Mic Hosking Breakfast Full Show podcast on iHeartRadio, caw 1384 01:06:17,840 --> 01:06:19,040 Speaker 1: it By News Talks. 1385 01:06:18,760 --> 01:06:23,040 Speaker 2: AP News Talks sixteen past eight. Chris Cohla, finance editor 1386 01:06:23,080 --> 01:06:24,919 Speaker 2: at nine News across the Tasman with us his book 1387 01:06:25,040 --> 01:06:27,280 Speaker 2: is How They Get You? Now do you, and we 1388 01:06:27,400 --> 01:06:29,120 Speaker 2: mentioned briefly in the intro before, do you come at 1389 01:06:29,160 --> 01:06:30,920 Speaker 2: this with an advantage? You know, giving your dad's a 1390 01:06:30,960 --> 01:06:32,920 Speaker 2: bit famous, you probably grew up a bit around you 1391 01:06:33,200 --> 01:06:36,160 Speaker 2: money and knowledge, and therefore this is what you've become. 1392 01:06:37,560 --> 01:06:38,720 Speaker 13: Yeah, it's interesting. Look. 1393 01:06:38,760 --> 01:06:42,160 Speaker 10: He and I have spoken over the years since I 1394 01:06:42,280 --> 01:06:44,080 Speaker 10: was a kid about his job in the same way 1395 01:06:44,120 --> 01:06:46,320 Speaker 10: that any parent talks to their kids about their job. 1396 01:06:46,520 --> 01:06:49,360 Speaker 10: His was that, you know, I look at at the 1397 01:06:49,680 --> 01:06:51,880 Speaker 10: world of money and the way things move around, and 1398 01:06:52,040 --> 01:06:57,240 Speaker 10: I adopted an interest as a lot of other kids do. Yeah, 1399 01:06:57,440 --> 01:06:59,080 Speaker 10: I followed my feed into it and we still to 1400 01:06:59,160 --> 01:07:01,240 Speaker 10: this day. I'm very lucky in that I get to 1401 01:07:01,280 --> 01:07:04,600 Speaker 10: talk to him about the economy and macro staff world 1402 01:07:04,680 --> 01:07:08,520 Speaker 10: of AI. What's going to be happening there for anyone listening. 1403 01:07:08,600 --> 01:07:11,240 Speaker 10: Of course, who doesn't know he's the finance guy on 1404 01:07:11,440 --> 01:07:13,920 Speaker 10: the ABC News. I'm the finance guy on Channel nine 1405 01:07:14,000 --> 01:07:16,200 Speaker 10: years so as my mum says that she doesn't have 1406 01:07:16,280 --> 01:07:17,880 Speaker 10: to pick because I'm on at six and he's on 1407 01:07:17,920 --> 01:07:18,320 Speaker 10: at seven. 1408 01:07:18,440 --> 01:07:21,680 Speaker 2: Broadcasting question for you, you work at Channel nine, can 1409 01:07:21,760 --> 01:07:25,720 Speaker 2: you do what you do in a way that satisfies 1410 01:07:25,760 --> 01:07:28,960 Speaker 2: you in the commercial world of television news as opposed 1411 01:07:29,000 --> 01:07:30,920 Speaker 2: to say, you dad at the ABC where there long 1412 01:07:30,960 --> 01:07:34,280 Speaker 2: befomat stories, maybe even c NBC where that's all they do, 1413 01:07:34,400 --> 01:07:35,120 Speaker 2: if you know what I mean. 1414 01:07:35,720 --> 01:07:39,480 Speaker 10: Yeah, I've never had an issue doing my job in 1415 01:07:39,560 --> 01:07:43,040 Speaker 10: a commercial broadcaster. It's never been something that has been 1416 01:07:43,080 --> 01:07:45,440 Speaker 10: put to me to do a story differently, or to 1417 01:07:46,000 --> 01:07:47,920 Speaker 10: present it in a way that I may not have 1418 01:07:47,960 --> 01:07:49,000 Speaker 10: already been presenting it. 1419 01:07:49,520 --> 01:07:54,120 Speaker 13: In fact, I think that's. 1420 01:07:52,320 --> 01:07:55,720 Speaker 10: So fundamental and it so true to this business and 1421 01:07:55,880 --> 01:08:00,200 Speaker 10: really any commercial broadcaster that takes itself seriously is what 1422 01:08:00,280 --> 01:08:01,960 Speaker 10: you have at the end of the day is trust 1423 01:08:02,200 --> 01:08:03,960 Speaker 10: and that's what you're trading on. And if you start 1424 01:08:04,000 --> 01:08:06,200 Speaker 10: to muck around with that, then things can come down 1425 01:08:06,240 --> 01:08:06,640 Speaker 10: around you. 1426 01:08:06,920 --> 01:08:08,960 Speaker 2: But you've never been told, look, you know, can you 1427 01:08:09,080 --> 01:08:11,200 Speaker 2: just lighten it up, don't use the big words. People 1428 01:08:11,200 --> 01:08:12,560 Speaker 2: won't understand nothing like that. 1429 01:08:13,480 --> 01:08:16,519 Speaker 10: Look, I think I haven't worked at the ABBC before. 1430 01:08:16,520 --> 01:08:19,439 Speaker 10: I've worked in a few newsrooms, all of them have 1431 01:08:19,520 --> 01:08:23,200 Speaker 10: been in commercial ones. We have editorial discussions, but they 1432 01:08:23,240 --> 01:08:27,599 Speaker 10: are editorial discussions. There's never really any kind of idea 1433 01:08:27,640 --> 01:08:29,320 Speaker 10: that we need to pander to the audience. As I 1434 01:08:29,400 --> 01:08:31,840 Speaker 10: said before, I think the people who watch the news 1435 01:08:31,880 --> 01:08:35,360 Speaker 10: and pick up a newspaper, they're interested. They are for 1436 01:08:35,400 --> 01:08:38,679 Speaker 10: the most part informed, you know, they have a base 1437 01:08:38,760 --> 01:08:41,360 Speaker 10: level of understanding, and they don't want to be brought 1438 01:08:41,400 --> 01:08:42,599 Speaker 10: back to the very very beginning. 1439 01:08:42,680 --> 01:08:44,479 Speaker 13: They want to be kept apprest of the new development. 1440 01:08:44,479 --> 01:08:46,160 Speaker 2: And of course, the other side to you these days 1441 01:08:46,280 --> 01:08:50,080 Speaker 2: are social media, very very big following globally. Of course, 1442 01:08:50,400 --> 01:08:54,040 Speaker 2: is that one influential and two educational and is it 1443 01:08:54,120 --> 01:08:56,040 Speaker 2: the way of the future in terms of informing people 1444 01:08:56,080 --> 01:08:57,040 Speaker 2: about money and finance. 1445 01:08:57,680 --> 01:09:01,320 Speaker 10: Well, it's certainly educational to me, like it gives me 1446 01:09:01,439 --> 01:09:05,000 Speaker 10: a really interesting insight into how people are absorbing different 1447 01:09:05,040 --> 01:09:05,880 Speaker 10: types of media. 1448 01:09:06,760 --> 01:09:08,599 Speaker 13: I've been a journalist for a long time. I've only 1449 01:09:08,680 --> 01:09:09,720 Speaker 13: been dabbling. 1450 01:09:10,600 --> 01:09:12,960 Speaker 10: In this way, in a kind of a satirical and 1451 01:09:13,520 --> 01:09:15,760 Speaker 10: sort of comical way, on social media for a couple 1452 01:09:15,800 --> 01:09:18,880 Speaker 10: of years. But as you say, it's grown quite a 1453 01:09:18,920 --> 01:09:21,760 Speaker 10: bit and it's given me some things. 1454 01:09:21,520 --> 01:09:22,120 Speaker 13: To reflect on. 1455 01:09:22,200 --> 01:09:26,320 Speaker 10: I mean, it's very it's noticeable to me that my 1456 01:09:26,560 --> 01:09:29,600 Speaker 10: job is to talk about the economy for Australians. It 1457 01:09:29,920 --> 01:09:32,320 Speaker 10: goes on the TV here in Australia. It's it's for 1458 01:09:32,400 --> 01:09:34,280 Speaker 10: the most part, it's for those audiences. And when I 1459 01:09:34,360 --> 01:09:37,560 Speaker 10: started in social media, I was doing that. But to 1460 01:09:37,680 --> 01:09:41,840 Speaker 10: my surprise, I noticed large audiences developing in different parts 1461 01:09:41,880 --> 01:09:44,720 Speaker 10: of the world that I just had not expected. You know, 1462 01:09:44,800 --> 01:09:47,120 Speaker 10: people in North America, in the UK, people get in 1463 01:09:47,240 --> 01:09:49,439 Speaker 10: touch with me from Estonia saying, oh. 1464 01:09:49,479 --> 01:09:51,599 Speaker 13: Does that you know? Is that how it works here? 1465 01:09:51,640 --> 01:09:52,960 Speaker 10: And I have to go back to them say, to 1466 01:09:53,040 --> 01:09:54,720 Speaker 10: be honest, I don't actually know if that's how it 1467 01:09:54,800 --> 01:09:55,679 Speaker 10: works in Estonia. 1468 01:09:57,120 --> 01:09:59,400 Speaker 13: It's been an interesting journey and one that I'm really 1469 01:09:59,439 --> 01:10:00,280 Speaker 13: glad that I've in on. 1470 01:10:01,000 --> 01:10:04,000 Speaker 10: But it certainly helped me do a better job about 1471 01:10:04,040 --> 01:10:07,320 Speaker 10: my job. I reckon for getting immediate feedback on what 1472 01:10:07,400 --> 01:10:09,120 Speaker 10: people are engaging with them, what they aren't. 1473 01:10:09,120 --> 01:10:11,640 Speaker 2: What about the bigger, longer term picture, I mean the 1474 01:10:11,720 --> 01:10:14,960 Speaker 2: supplies to New Zealand as well. Is there something in 1475 01:10:15,160 --> 01:10:18,320 Speaker 2: growing up educated in moneies and economies? I mean, you 1476 01:10:18,640 --> 01:10:20,120 Speaker 2: should we be doing more in schools. 1477 01:10:21,120 --> 01:10:24,000 Speaker 10: Look, I think it should be more of a bigger 1478 01:10:24,080 --> 01:10:26,160 Speaker 10: slice of the curriculum. I would love to see that 1479 01:10:26,600 --> 01:10:28,599 Speaker 10: practical ways. I mean a lot of the stuff's being 1480 01:10:28,640 --> 01:10:31,360 Speaker 10: taught already, but I would love to see it done 1481 01:10:31,479 --> 01:10:33,320 Speaker 10: in a more of a practical way. Whether we're talking 1482 01:10:33,320 --> 01:10:36,439 Speaker 10: about mathematics, we're talking about interest rates, and oh, by 1483 01:10:36,479 --> 01:10:39,000 Speaker 10: the way, this credit card, you know, this is how 1484 01:10:39,040 --> 01:10:42,800 Speaker 10: to workout that you're getting a twenty five percent interest rate, 1485 01:10:43,000 --> 01:10:45,880 Speaker 10: you're getting one hundred and fifty dollars annual fee, and 1486 01:10:45,960 --> 01:10:48,240 Speaker 10: actually maybe it's not the best way to access your money. 1487 01:10:48,280 --> 01:10:50,720 Speaker 10: And those loyalty points, well, let's look at them mathematically 1488 01:10:50,960 --> 01:10:53,679 Speaker 10: and let's boil down whether or not they're actually good value. 1489 01:10:54,840 --> 01:10:56,600 Speaker 10: I would love to see that sort of thing. I 1490 01:10:56,680 --> 01:10:59,439 Speaker 10: think teachers do a wonderful job and it's not really 1491 01:10:59,520 --> 01:11:01,320 Speaker 10: up to them. I think it's on all of us, 1492 01:11:02,160 --> 01:11:04,599 Speaker 10: whether at home, at school, or elsewhere, to help educate 1493 01:11:04,720 --> 01:11:07,360 Speaker 10: kids on sort of where the pitfalls are in a 1494 01:11:07,400 --> 01:11:08,080 Speaker 10: modern economy. 1495 01:11:08,160 --> 01:11:10,320 Speaker 2: We'll keep telling the story, Chris, appreciate your time. Good 1496 01:11:10,360 --> 01:11:10,800 Speaker 2: to talk to you. 1497 01:11:11,080 --> 01:11:11,559 Speaker 13: You too much. 1498 01:11:11,640 --> 01:11:14,040 Speaker 2: Thank you all right, So, Chris Kohler, the book is 1499 01:11:14,160 --> 01:11:16,400 Speaker 2: how they get you and it's a twenty. 1500 01:11:16,200 --> 01:11:21,519 Speaker 1: Two the Mic Hosking Breakfast with Vida Retirement Communities News 1501 01:11:21,600 --> 01:11:22,160 Speaker 1: togs heead B. 1502 01:11:22,880 --> 01:11:24,599 Speaker 2: Now, if you're looking at the smartest way to boost 1503 01:11:24,600 --> 01:11:27,960 Speaker 2: your homes value in the static market, then here is 1504 01:11:28,040 --> 01:11:28,400 Speaker 2: the news. 1505 01:11:28,520 --> 01:11:30,120 Speaker 8: You do it. You do it. 1506 01:11:31,160 --> 01:11:33,800 Speaker 2: U d Uit Kitchens we're talking about they've been doing 1507 01:11:33,800 --> 01:11:35,760 Speaker 2: it and they're celebrating now fifty years. They have been 1508 01:11:35,800 --> 01:11:39,799 Speaker 2: helping Kiwi owners create superior quality kitchens incredibly affordable prices. 1509 01:11:40,160 --> 01:11:42,080 Speaker 2: No one can match you do its offer of quality, 1510 01:11:42,160 --> 01:11:45,080 Speaker 2: customization and fast delivery. So they've got the super easy tools. 1511 01:11:45,400 --> 01:11:48,160 Speaker 2: They let your customize cabinet sizes no extra cost. You 1512 01:11:48,200 --> 01:11:50,719 Speaker 2: can choose from thirty five color options. Once you've locked 1513 01:11:50,720 --> 01:11:52,960 Speaker 2: in that design. Then you do it. The team will 1514 01:11:53,000 --> 01:11:55,360 Speaker 2: precision manufacture your kitchen right here in the country. We 1515 01:11:55,479 --> 01:11:58,760 Speaker 2: love that in only seven days. Everything's dispatched to you' 1516 01:11:58,800 --> 01:12:00,240 Speaker 2: all for goodness sake. So you don't need be a 1517 01:12:00,320 --> 01:12:04,919 Speaker 2: DIY pro either because assembly super easy. Local DIY experts 1518 01:12:05,000 --> 01:12:07,240 Speaker 2: only an email a way to help you every step 1519 01:12:07,320 --> 01:12:09,240 Speaker 2: of the way. And when the housing market a bit flat, 1520 01:12:09,320 --> 01:12:11,920 Speaker 2: strategic improve into your best investment. So you get the 1521 01:12:12,000 --> 01:12:14,519 Speaker 2: exact kitchen you want. You add the real value to 1522 01:12:14,600 --> 01:12:17,760 Speaker 2: your home. You say thousands in the process. Tech tech 1523 01:12:17,920 --> 01:12:21,280 Speaker 2: tech you do it, U D you it. Their customers 1524 01:12:21,320 --> 01:12:25,120 Speaker 2: are proud to say I did it myself. Asking Mike 1525 01:12:25,479 --> 01:12:27,280 Speaker 2: what a coup? Cold is smart? Well, I'm not sure 1526 01:12:27,320 --> 01:12:30,360 Speaker 2: it was a coup. We just wrang them up. He's 1527 01:12:30,400 --> 01:12:33,160 Speaker 2: a nice guy. He's smart, isn't he? Love crisis humor 1528 01:12:33,320 --> 01:12:35,880 Speaker 2: on the YouTube Mike Tony, Thank you Mike. That interview 1529 01:12:36,000 --> 01:12:39,360 Speaker 2: with The Australian was boring, so good cross section. You 1530 01:12:39,400 --> 01:12:41,320 Speaker 2: wouldn't sell me lose them because that is dad who 1531 01:12:41,640 --> 01:12:45,320 Speaker 2: probably probably wants Dad wants him come on the program. 1532 01:12:45,439 --> 01:12:45,559 Speaker 7: Now. 1533 01:12:46,800 --> 01:12:49,400 Speaker 2: The housing market in Australia, so if you're thinking of 1534 01:12:49,520 --> 01:12:53,880 Speaker 2: moving across the Tasman is problematic if you like don't 1535 01:12:54,040 --> 01:12:57,400 Speaker 2: like houses going up in price. So the latest certality 1536 01:12:57,520 --> 01:13:00,280 Speaker 2: numbers Andrew referred to this earlier on this morning didn't 1537 01:13:00,280 --> 01:13:02,719 Speaker 2: give these numbers though. Perth is enter the one million 1538 01:13:02,720 --> 01:13:08,599 Speaker 2: dollar club and joins Sydney, Brisbane, Canberra and Melbourne Brisbane 1539 01:13:08,600 --> 01:13:10,920 Speaker 2: a record one point one five. This is on average 1540 01:13:10,960 --> 01:13:14,040 Speaker 2: fifteen percent increase over the past twelve months. They're forecasting 1541 01:13:14,120 --> 01:13:17,839 Speaker 2: eleven this year and nine the following year, so fifteen 1542 01:13:17,920 --> 01:13:21,200 Speaker 2: eleven nine. Do the numbers and you know, yes, you 1543 01:13:21,280 --> 01:13:24,360 Speaker 2: can earn twenty percent more on the building side or whatever, 1544 01:13:24,400 --> 01:13:26,559 Speaker 2: but you can't afford a house. Adelaide up one point 1545 01:13:26,640 --> 01:13:28,599 Speaker 2: three all time, hearh at nine seven two. So that'll 1546 01:13:28,600 --> 01:13:31,639 Speaker 2: be the next capital city to go above a million, 1547 01:13:31,760 --> 01:13:34,439 Speaker 2: and so that's basically everyone above a million. Canberra was 1548 01:13:34,800 --> 01:13:37,560 Speaker 2: up another half point to one point zero three. The 1549 01:13:37,640 --> 01:13:40,320 Speaker 2: thing about this is there seems no end and they 1550 01:13:40,360 --> 01:13:43,600 Speaker 2: are having If I don't angst about this stuff, I 1551 01:13:43,880 --> 01:13:46,120 Speaker 2: like house prices going up. I think that's a good thing. 1552 01:13:46,240 --> 01:13:48,360 Speaker 2: But a lot of people do angst and it's the 1553 01:13:48,479 --> 01:13:50,479 Speaker 2: exact same problem we had. So they got a couple 1554 01:13:50,520 --> 01:13:52,120 Speaker 2: of things going their way. One of which is good, 1555 01:13:52,160 --> 01:13:53,600 Speaker 2: one of which is bad. The thing that's bad is 1556 01:13:53,600 --> 01:13:56,240 Speaker 2: they're not building enough houses, so demand is outstripping supply. 1557 01:13:56,920 --> 01:13:59,439 Speaker 2: The thing that's good is immigration is going gangbusters. We 1558 01:13:59,479 --> 01:14:01,960 Speaker 2: love a bit of immigration, and so people are coming 1559 01:14:01,960 --> 01:14:04,280 Speaker 2: into the country and hence the prices. So that is 1560 01:14:04,360 --> 01:14:06,920 Speaker 2: one of the many reasons why Michelle Bullock of the 1561 01:14:07,040 --> 01:14:09,960 Speaker 2: Reserve Bank in Australia will almost certainly put the interest 1562 01:14:10,040 --> 01:14:10,920 Speaker 2: rates up today. 1563 01:14:12,240 --> 01:14:17,719 Speaker 1: Opinion edit, informed, unapologetic, the Mike asking Breakfast with Vida, 1564 01:14:17,840 --> 01:14:21,280 Speaker 1: Retirement Communities, Life your Way News toks dead vs. 1565 01:14:21,439 --> 01:14:24,720 Speaker 2: But Mike, is the average house price in Auckland not 1566 01:14:24,800 --> 01:14:27,040 Speaker 2: over a million dollars? David, No, it does not. It 1567 01:14:27,120 --> 01:14:28,880 Speaker 2: does depend on who you talk to in terms of 1568 01:14:28,960 --> 01:14:32,400 Speaker 2: whether it's Cotality or the Mari real Estate Institute, and 1569 01:14:32,479 --> 01:14:34,080 Speaker 2: whether you're dealing with an average or a mean or 1570 01:14:34,120 --> 01:14:35,800 Speaker 2: an asking price and all of that. But no, it 1571 01:14:35,920 --> 01:14:37,760 Speaker 2: is not, as below a million dollars has been for 1572 01:14:37,800 --> 01:14:39,639 Speaker 2: a while, and indeed, as far as I can remember, 1573 01:14:39,640 --> 01:14:41,280 Speaker 2: the only place in the country that's over a million 1574 01:14:41,360 --> 01:14:44,800 Speaker 2: these days is of course Queenstown and Central Otago. Now 1575 01:14:45,000 --> 01:14:48,400 Speaker 2: mister Starmer has returned to Britain via Japan. He went 1576 01:14:48,439 --> 01:14:50,400 Speaker 2: to Japan. They've got a snap election that's coming weekend, 1577 01:14:50,400 --> 01:14:52,280 Speaker 2: which we should probably talk about before the end of 1578 01:14:52,320 --> 01:14:54,720 Speaker 2: the week. But anyway, he did, of course go to 1579 01:14:54,880 --> 01:14:56,160 Speaker 2: China to deal with China. 1580 01:14:56,400 --> 01:14:59,280 Speaker 20: This is Britain back at the top table at last, 1581 01:15:00,040 --> 01:15:06,120 Speaker 20: facing out, replacing in coherence and isolationism with pragmatic engagement, 1582 01:15:07,240 --> 01:15:10,360 Speaker 20: replacing naive posturing with the national interest. 1583 01:15:11,560 --> 01:15:14,080 Speaker 2: He was the first leader to go there in eight years. 1584 01:15:14,520 --> 01:15:16,000 Speaker 2: Not that Bennock was buying any of that. 1585 01:15:16,280 --> 01:15:19,160 Speaker 14: It is not the Prime Minister engaging with China that 1586 01:15:19,280 --> 01:15:22,360 Speaker 14: we take issue with. What we are criticizing is his 1587 01:15:22,560 --> 01:15:24,559 Speaker 14: supine and short term mister Apprince. 1588 01:15:26,520 --> 01:15:27,920 Speaker 3: I am sure the Prime minister. 1589 01:15:27,960 --> 01:15:29,400 Speaker 2: I'm sure the Prime Minister. 1590 01:15:29,200 --> 01:15:32,800 Speaker 14: Means well, but his negotiating tactic has always been to 1591 01:15:32,920 --> 01:15:35,840 Speaker 14: give everything away in the hope that people will be 1592 01:15:36,000 --> 01:15:37,280 Speaker 14: nice to him in return. 1593 01:15:38,640 --> 01:15:42,479 Speaker 17: International correspondence with ins and eye insurance, peace of mind 1594 01:15:42,560 --> 01:15:43,520 Speaker 17: for New Zealand. 1595 01:15:43,240 --> 01:15:44,799 Speaker 2: Business time for Rod Little and Britain. 1596 01:15:44,800 --> 01:15:48,839 Speaker 12: Morning to you mate, good bring him Kenny really nailed 1597 01:15:48,880 --> 01:15:49,240 Speaker 12: it there. 1598 01:15:50,040 --> 01:15:52,920 Speaker 2: Nice to be liked, yes, exactly. What would he have 1599 01:15:53,040 --> 01:15:56,040 Speaker 2: been feeling like? I mean, really quickly out of teen 1600 01:15:56,160 --> 01:15:58,160 Speaker 2: Tin's the greatest success you've ever seen one. It was 1601 01:15:58,160 --> 01:16:01,200 Speaker 2: a bust in both China and Japan. Anything come out 1602 01:16:01,240 --> 01:16:03,280 Speaker 2: of it materially there. 1603 01:16:03,400 --> 01:16:06,680 Speaker 12: Six in Japan, four in China. He got nothing out 1604 01:16:06,720 --> 01:16:10,120 Speaker 12: of China. You know, there was nothing there to bring 1605 01:16:10,240 --> 01:16:13,679 Speaker 12: home to say, well, we've sorted out their human rights issues, 1606 01:16:13,960 --> 01:16:18,320 Speaker 12: or we've sorted out this big deal, you know, go 1607 01:16:18,520 --> 01:16:21,160 Speaker 12: for one or the other man. But he got neither. 1608 01:16:22,240 --> 01:16:24,240 Speaker 12: It was pretty sick. 1609 01:16:24,600 --> 01:16:27,760 Speaker 2: As he sat on the plane coming home. Would he 1610 01:16:27,880 --> 01:16:31,479 Speaker 2: have pondered Mendelssohn in what is turning out to be 1611 01:16:31,840 --> 01:16:35,120 Speaker 2: a dreadfully seedy but said of the fears, well. 1612 01:16:35,040 --> 01:16:36,440 Speaker 12: One would assume. 1613 01:16:36,720 --> 01:16:36,760 Speaker 18: So. 1614 01:16:37,720 --> 01:16:42,920 Speaker 12: Now you know, I've known Peter Mandelson for the best 1615 01:16:42,960 --> 01:16:47,040 Speaker 12: full of forty years. I once interviewed him for the 1616 01:16:47,120 --> 01:16:50,479 Speaker 12: BBC and he took his trousers off during the interview. 1617 01:16:51,439 --> 01:17:00,000 Speaker 12: He is loose, oily, Machiavelian and to my mind correct. 1618 01:17:00,800 --> 01:17:03,800 Speaker 12: And every time he's had a government job he has 1619 01:17:03,880 --> 01:17:07,800 Speaker 12: been found out and there has been horrible inquiries, whether 1620 01:17:07,920 --> 01:17:11,799 Speaker 12: edom about him borrowing money. He is grasping and greedy. 1621 01:17:12,640 --> 01:17:17,200 Speaker 12: It was this, you know, if Sakir Salmon had said, 1622 01:17:17,320 --> 01:17:19,800 Speaker 12: Rod Liddle, I would like you to be my ambassador 1623 01:17:19,840 --> 01:17:23,519 Speaker 12: to Washington. That would have been a bad call, but 1624 01:17:23,640 --> 01:17:26,800 Speaker 12: it would have been nowhere near as bad as Peter Vandelson. 1625 01:17:29,120 --> 01:17:31,920 Speaker 2: So are they? Is the whole Labor Party tainted by 1626 01:17:32,000 --> 01:17:33,599 Speaker 2: association with this guy? 1627 01:17:35,360 --> 01:17:39,639 Speaker 12: Well, in fairness to the Labor Party, Tony Blair once said, 1628 01:17:39,840 --> 01:17:43,880 Speaker 12: my job, I will consider my job done once the 1629 01:17:43,960 --> 01:17:47,519 Speaker 12: Labor Party loves Peter Mandelson, And to the Labor Party's 1630 01:17:47,960 --> 01:17:49,880 Speaker 12: minor credit, it never has. 1631 01:17:50,760 --> 01:17:51,680 Speaker 2: But it is. 1632 01:17:52,280 --> 01:17:55,400 Speaker 12: It is the leadership which has tainted. Because Sakir starmer 1633 01:17:55,800 --> 01:18:00,160 Speaker 12: In thralled to this appalling man went back to him 1634 01:18:00,200 --> 01:18:03,479 Speaker 12: and said, you could be ambassador to New York, having known, 1635 01:18:04,080 --> 01:18:08,080 Speaker 12: having known that he had connections with Jeffrey Epstein. So 1636 01:18:08,360 --> 01:18:11,120 Speaker 12: it's a really bad deal for the kid staff. 1637 01:18:11,400 --> 01:18:14,280 Speaker 2: Who's the bigger Pillock Mandelssohn or Andrew. 1638 01:18:17,240 --> 01:18:20,160 Speaker 12: Well, Andrew's I think, if you, if you had to 1639 01:18:20,360 --> 01:18:23,560 Speaker 12: kind of weigh up the IQs, I think Andrew is 1640 01:18:23,600 --> 01:18:26,519 Speaker 12: a few yards behind Mandelson. But I'm not so sure 1641 01:18:26,840 --> 01:18:30,680 Speaker 12: Mandelson has been you know, I am a loss to 1642 01:18:30,840 --> 01:18:35,160 Speaker 12: define what Madelson has done as a politician which makes 1643 01:18:35,240 --> 01:18:38,640 Speaker 12: him so attractive. You know, there is this idea that 1644 01:18:38,760 --> 01:18:42,240 Speaker 12: he's clever, but he's failed in every single job he's 1645 01:18:42,240 --> 01:18:48,560 Speaker 12: ever had, and so probably Andrew is the sicker. But 1646 01:18:48,720 --> 01:18:51,439 Speaker 12: then you know where we're on the level of a 1647 01:18:51,560 --> 01:18:56,479 Speaker 12: meever with Andrew, whereas you know, a poor old Andrew. 1648 01:18:57,640 --> 01:19:00,720 Speaker 12: It's like it's all going, it's all went really well 1649 01:19:00,800 --> 01:19:03,320 Speaker 12: over here, as you can get. 1650 01:19:03,320 --> 01:19:06,479 Speaker 2: See what I mean. The problem is it's it's there's 1651 01:19:06,840 --> 01:19:11,600 Speaker 2: still I mean, obviously of Mandelssohn slipped government information to 1652 01:19:11,840 --> 01:19:15,200 Speaker 2: Epstein while he was in government. That's that's a whole 1653 01:19:15,240 --> 01:19:18,280 Speaker 2: different level of trouble. And so the investigations under way. 1654 01:19:18,320 --> 01:19:21,040 Speaker 2: I get that part. But standing there with no pants 1655 01:19:21,080 --> 01:19:24,800 Speaker 2: on as idiotic as you look in your jockeys, it's 1656 01:19:25,160 --> 01:19:25,799 Speaker 2: not a crime. 1657 01:19:27,520 --> 01:19:30,760 Speaker 12: No, that's not a crime. And nor is leaning over 1658 01:19:30,840 --> 01:19:33,360 Speaker 12: a woman lying on the on the floor, as we 1659 01:19:33,560 --> 01:19:39,080 Speaker 12: saw with Andrew. But both of them contradict what both 1660 01:19:39,120 --> 01:19:41,640 Speaker 12: of them have said, which is said, my relationship with 1661 01:19:41,760 --> 01:19:46,000 Speaker 12: this ghastly little man was over long before the clearly 1662 01:19:46,200 --> 01:19:49,360 Speaker 12: with both men it went on a lot lot longer 1663 01:19:50,520 --> 01:19:54,479 Speaker 12: because they got stuff from it, you know, they gained 1664 01:19:54,600 --> 01:19:59,320 Speaker 12: from it. So it's very very difficult to argue that case. 1665 01:20:00,000 --> 01:20:03,280 Speaker 2: He's already Mandelssohn's quest so that's fair enough. Can they 1666 01:20:03,400 --> 01:20:05,000 Speaker 2: extract the peerage from him or not? 1667 01:20:06,920 --> 01:20:09,679 Speaker 12: I think they probably will, or if they don't. If 1668 01:20:09,840 --> 01:20:13,120 Speaker 12: Mandelson has an ouncer, well, actually doesn't have an answer 1669 01:20:14,200 --> 01:20:18,920 Speaker 12: of conscience, but they should extract it from him. They should, right, 1670 01:20:19,520 --> 01:20:21,320 Speaker 12: You know, if you can take if you can take 1671 01:20:21,360 --> 01:20:23,920 Speaker 12: all the titles from Prince Andrew, you can at least 1672 01:20:23,960 --> 01:20:27,360 Speaker 12: remove a peerage from that awful man. And he is 1673 01:20:27,360 --> 01:20:30,080 Speaker 12: an awful man. You know, I'm not kidding about this. 1674 01:20:30,880 --> 01:20:35,360 Speaker 12: You know there are malevolent people in politics, and there 1675 01:20:35,439 --> 01:20:38,439 Speaker 12: are plenty of people who are kind of okay, just 1676 01:20:38,560 --> 01:20:41,120 Speaker 12: a bit inact, and that's kind of most of it. 1677 01:20:41,600 --> 01:20:43,720 Speaker 12: But Mandelson malevolent? 1678 01:20:44,400 --> 01:20:49,479 Speaker 2: Right? Angelika? Are we saying? Stogia? Stogia? How are we pronouncing? 1679 01:20:50,560 --> 01:20:50,720 Speaker 8: How? 1680 01:20:51,040 --> 01:20:54,080 Speaker 12: Why would you ask me how to pronounce that? I mean, 1681 01:20:54,520 --> 01:20:58,559 Speaker 12: I think it's Greek. I asked the Labor Party if 1682 01:20:58,560 --> 01:21:01,559 Speaker 12: he was Rumanian and they got really stiffy and said 1683 01:21:01,600 --> 01:21:05,160 Speaker 12: I was a racist. I didn't know what it is made, 1684 01:21:06,320 --> 01:21:09,599 Speaker 12: but anyway, she looks okay, she said, of Manchester canceror 1685 01:21:09,680 --> 01:21:12,560 Speaker 12: standing in the Goldman Denton by election, She's going to 1686 01:21:12,640 --> 01:21:17,640 Speaker 12: get absolutely hammered because this by election will between the 1687 01:21:17,720 --> 01:21:20,200 Speaker 12: Greens be between the Greens and Reform. 1688 01:21:20,560 --> 01:21:20,680 Speaker 18: Right. 1689 01:21:21,000 --> 01:21:23,920 Speaker 2: Well, I saw a pole. It had Reform thirty six, 1690 01:21:24,040 --> 01:21:28,360 Speaker 2: Labor thirty three, Greens twenty one. But if Burnham was 1691 01:21:28,439 --> 01:21:31,320 Speaker 2: allowed to stand, they had Burnham at forty nine, Reform 1692 01:21:31,360 --> 01:21:33,400 Speaker 2: at twenty eight. Would you believe a pole like that? 1693 01:21:34,600 --> 01:21:37,679 Speaker 12: Yes, I would. I think if Burnham had been allowed 1694 01:21:37,720 --> 01:21:40,800 Speaker 12: to stand, he would have won. I think he would 1695 01:21:40,800 --> 01:21:43,599 Speaker 12: have been a unifying figure which would have captured the left, 1696 01:21:44,280 --> 01:21:47,719 Speaker 12: and I think he would have won. That sukised Arma 1697 01:21:48,080 --> 01:21:51,720 Speaker 12: for reasons, Mike, I'm not sure he didn't really want 1698 01:21:51,800 --> 01:21:56,040 Speaker 12: him back in Parliament. There we are. I think this 1699 01:21:56,240 --> 01:21:59,000 Speaker 12: is going to be This is going to be one 1700 01:21:59,080 --> 01:22:04,800 Speaker 12: of four, four or five by elections which are genuinely significant. 1701 01:22:04,880 --> 01:22:08,479 Speaker 12: Over the last fifty years. We had Orpington in sixty two, 1702 01:22:08,760 --> 01:22:13,200 Speaker 12: we had Burbancy seventy eighty I covered with seventy nine eighty, 1703 01:22:13,680 --> 01:22:18,400 Speaker 12: we had a Hillhead. This is another one like that. 1704 01:22:18,960 --> 01:22:23,080 Speaker 12: If Reform win, it proves that they can overcome the 1705 01:22:23,160 --> 01:22:28,519 Speaker 12: left and win in seats which aren't technically theirs. If, however, 1706 01:22:28,640 --> 01:22:31,880 Speaker 12: the Greens win, and you say Labors ahead of the moment, 1707 01:22:32,000 --> 01:22:36,160 Speaker 12: I don't think that will last long. Then that signals 1708 01:22:36,320 --> 01:22:40,400 Speaker 12: that there could be a big backlash against reform. A 1709 01:22:40,520 --> 01:22:43,080 Speaker 12: technical voting really interesting. 1710 01:22:42,920 --> 01:22:44,639 Speaker 2: It is interesting, and we don't have long to wait 1711 01:22:44,680 --> 01:22:47,040 Speaker 2: because that by election is Fab twenty six. We will 1712 01:22:47,080 --> 01:22:50,280 Speaker 2: talk again, what else today, We'll do it on Thursday. 1713 01:22:50,280 --> 01:22:52,200 Speaker 2: I think roder little out of Britain just by the way, 1714 01:22:52,439 --> 01:22:55,200 Speaker 2: and this is interesting. Vehicle production in the UK fell 1715 01:22:55,240 --> 01:22:56,960 Speaker 2: to a seventy three yearlow. We've got the numbers for 1716 01:22:57,000 --> 01:22:58,920 Speaker 2: the entire year. I alluded to it a couple of 1717 01:22:58,960 --> 01:23:02,000 Speaker 2: times last year on month numbers, but last year it 1718 01:23:02,120 --> 01:23:05,080 Speaker 2: was the worst year since nineteen fifty two. Although did 1719 01:23:05,200 --> 01:23:08,679 Speaker 2: I see a car from Britain yesterday? That might silence 1720 01:23:08,680 --> 01:23:10,519 Speaker 2: a few critics more in a moment eight forty. 1721 01:23:10,360 --> 01:23:15,800 Speaker 1: Five, the like Asking Breakfast Full Show podcast on iHeartRadio, 1722 01:23:16,040 --> 01:23:17,360 Speaker 1: Howard By News talks at be. 1723 01:23:18,560 --> 01:23:21,160 Speaker 2: Mike, I reemi enjoy hearing from your foreign correspondent, especially 1724 01:23:21,240 --> 01:23:23,800 Speaker 2: Rod Stephen Murray. They're so funny, compulsive listening. Paul, I 1725 01:23:23,800 --> 01:23:26,040 Speaker 2: couldn't agree with you more. There's not a there's not 1726 01:23:26,080 --> 01:23:28,880 Speaker 2: a radio program in the country that touches us for correspondence. 1727 01:23:29,479 --> 01:23:29,639 Speaker 18: Car. 1728 01:23:29,960 --> 01:23:33,000 Speaker 2: Look at it, it's in the snow. It's a prototype. 1729 01:23:33,479 --> 01:23:36,400 Speaker 2: Remember when Jaguar sort of pulled out from producing cars 1730 01:23:36,439 --> 01:23:39,400 Speaker 2: for a period of time where they go all electric Jaguar. 1731 01:23:39,600 --> 01:23:42,160 Speaker 2: I think the last I read over the summer holidays 1732 01:23:42,680 --> 01:23:46,639 Speaker 2: is then now getting back into Paheb's bit of hybrid stuff, 1733 01:23:46,680 --> 01:23:49,240 Speaker 2: because like everybody else, they've worked out that pure electric 1734 01:23:49,360 --> 01:23:51,160 Speaker 2: is not the future, and if it is, it's certainly 1735 01:23:51,240 --> 01:23:53,920 Speaker 2: not now. But that is it made that the car 1736 01:23:54,080 --> 01:23:57,080 Speaker 2: that got it divided the world and it was a 1737 01:23:57,200 --> 01:24:01,080 Speaker 2: GT and it was pink and it was like nothing 1738 01:24:01,120 --> 01:24:05,120 Speaker 2: you'd ever seen before, and everyone went off. It's now 1739 01:24:05,280 --> 01:24:08,400 Speaker 2: real and it's in production, and I think they're telling 1740 01:24:08,479 --> 01:24:10,360 Speaker 2: us on the videos I was watching yesterday it's probably 1741 01:24:10,400 --> 01:24:13,559 Speaker 2: here next year, latter part of next year, so they're 1742 01:24:13,640 --> 01:24:16,000 Speaker 2: up in the snow in Scandinavia and a number of 1743 01:24:16,040 --> 01:24:19,080 Speaker 2: the people if you follow car, it's you know Auto 1744 01:24:19,240 --> 01:24:22,760 Speaker 2: car and UK people they've driven it. So it is 1745 01:24:22,800 --> 01:24:26,080 Speaker 2: a prototype. It is camouflaged and it's not nearly finished. 1746 01:24:26,760 --> 01:24:29,760 Speaker 2: But have a look at it and listen to what 1747 01:24:29,880 --> 01:24:32,080 Speaker 2: these guys are saying about it, and it may well 1748 01:24:32,160 --> 01:24:34,320 Speaker 2: be there's a lot of people going to eat a 1749 01:24:34,640 --> 01:24:38,599 Speaker 2: lot of words. Are you excited about the new Ford 1750 01:24:38,680 --> 01:24:43,639 Speaker 2: Falcon not overly looks quite cool. Is it a Falcon 1751 01:24:43,720 --> 01:24:46,200 Speaker 2: or a Mustang that you're talking to the GDD No, 1752 01:24:46,360 --> 01:24:48,759 Speaker 2: it's a Ford Falcon. Okay, we'll live it to Ford Falcon. 1753 01:24:49,840 --> 01:24:53,000 Speaker 2: I will hold my opinion until I fully set. But 1754 01:24:53,120 --> 01:24:57,280 Speaker 2: the Mustang GDT is that's quite something. Insurance, by the way, 1755 01:24:57,400 --> 01:25:00,040 Speaker 2: just quickly. Should have got this to this earlier. I 1756 01:25:00,200 --> 01:25:01,680 Speaker 2: keep telling you this is going to be a thing, 1757 01:25:02,320 --> 01:25:04,000 Speaker 2: and now suddenly it's a thing. So what are you 1758 01:25:04,040 --> 01:25:06,960 Speaker 2: going to do? What was last week's news? AA insurance Westport? 1759 01:25:07,080 --> 01:25:09,559 Speaker 2: No more insurance, thank you very much. They've already done 1760 01:25:09,600 --> 01:25:12,880 Speaker 2: it AA in wood End. The wood End, the name, 1761 01:25:12,920 --> 01:25:15,800 Speaker 2: the Bellinger name from where I come from originally, if 1762 01:25:15,800 --> 01:25:17,840 Speaker 2: you go back a couple of generations, is a big 1763 01:25:17,880 --> 01:25:20,800 Speaker 2: deal in wood End. And so there's no insurance going there. 1764 01:25:20,920 --> 01:25:23,679 Speaker 2: Seismic risk that's not flooding, a seismic risks. We're talking Canterbury. 1765 01:25:23,680 --> 01:25:25,960 Speaker 2: Of course. It's also stopped offering new policies in two 1766 01:25:26,000 --> 01:25:30,280 Speaker 2: other Canterbury postcodes, Lincoln and the postcode of Rolliston. Now 1767 01:25:30,360 --> 01:25:34,560 Speaker 2: ask yourself this question, what's the fastest growing area in 1768 01:25:34,760 --> 01:25:40,040 Speaker 2: the country bar none, and the answers Rolliston Canterbury's booming, 1769 01:25:40,120 --> 01:25:43,200 Speaker 2: Rollston's especially booming in the Selwyn district and AA is 1770 01:25:43,240 --> 01:25:46,720 Speaker 2: not into insurance, no insurance there. So this thing is 1771 01:25:46,840 --> 01:25:51,680 Speaker 2: now real and it's coming to potentially a house letterbox 1772 01:25:51,720 --> 01:25:53,320 Speaker 2: an area near you nine to nine. 1773 01:25:54,080 --> 01:25:56,920 Speaker 3: So my costing breakfast, we're the defender and to. 1774 01:25:57,280 --> 01:25:59,479 Speaker 2: Be thoughts Mike on Neil Crompton, I hadn't got to that. 1775 01:25:59,520 --> 01:26:01,920 Speaker 2: When did I start talking about me getting to that 1776 01:26:02,160 --> 01:26:05,400 Speaker 2: subject last week? It was last week, wasn't it. I 1777 01:26:05,520 --> 01:26:07,639 Speaker 2: still haven't got to it. Problem with the shat's only 1778 01:26:07,640 --> 01:26:10,240 Speaker 2: three hours long. I keep telling them I will get 1779 01:26:10,240 --> 01:26:13,320 Speaker 2: to Neil Crumpton. Neil Crompton, the commentator for Supercars has 1780 01:26:13,400 --> 01:26:18,080 Speaker 2: been sacked, and probably in a move that the television 1781 01:26:18,120 --> 01:26:21,240 Speaker 2: channel is sacked and will regret and may well reverse. 1782 01:26:21,280 --> 01:26:23,160 Speaker 2: And I'm making that up. I know nothing more than that, 1783 01:26:23,280 --> 01:26:25,600 Speaker 2: but you don't take a talent like that. And the 1784 01:26:25,680 --> 01:26:27,840 Speaker 2: reason they haven't got to it is because I have 1785 01:26:28,160 --> 01:26:32,480 Speaker 2: ratings numbers for Supercars last year if one and Supercars, 1786 01:26:32,640 --> 01:26:36,000 Speaker 2: and it is a gargantuan success story. There are more 1787 01:26:36,000 --> 01:26:38,120 Speaker 2: and more people tuning into motor racing every day, and 1788 01:26:38,280 --> 01:26:41,200 Speaker 2: they had the year in numbers for Australia and supercars 1789 01:26:41,240 --> 01:26:43,280 Speaker 2: has never been literally never been more popular. So you 1790 01:26:43,320 --> 01:26:45,800 Speaker 2: can't take a sport that's on a growth path with 1791 01:26:45,960 --> 01:26:48,960 Speaker 2: a couple of commentators who are widely regarded as the 1792 01:26:49,000 --> 01:26:51,479 Speaker 2: best in the business and then go, hey, mate, you 1793 01:26:51,560 --> 01:26:53,040 Speaker 2: don't have a job next year. It doesn't work that 1794 01:26:53,120 --> 01:26:55,000 Speaker 2: way because the person who's made that decision is clearly 1795 01:26:55,040 --> 01:26:58,200 Speaker 2: a dickhead. He's the guy who's now running supercars. But 1796 01:26:58,320 --> 01:27:00,320 Speaker 2: he came from TV and I dealt with a few 1797 01:27:00,360 --> 01:27:02,600 Speaker 2: TV executives in my time, and I tell you what, 1798 01:27:04,920 --> 01:27:09,000 Speaker 2: talk to short A, to b old, to young, I 1799 01:27:09,040 --> 01:27:11,879 Speaker 2: could line you up a fairly substantial line of dickheads 1800 01:27:12,120 --> 01:27:13,120 Speaker 2: five minutes away from. 1801 01:27:13,080 --> 01:27:18,280 Speaker 1: Nine trending now with Chemi Swarehouse stop paying too much. 1802 01:27:18,479 --> 01:27:21,439 Speaker 2: John McEnroe one of my favorites. He's at Melbourne Aport. 1803 01:27:21,479 --> 01:27:24,960 Speaker 2: He's been there for the Australian Open. Twelve thirteen year 1804 01:27:24,960 --> 01:27:27,160 Speaker 2: old kid says, can I have an interviewer a photo? 1805 01:27:27,520 --> 01:27:30,120 Speaker 2: McEnroe politely says, not now, kid, in that New York 1806 01:27:30,160 --> 01:27:33,519 Speaker 2: way that McEnroe does not now, kid, Are you serious? 1807 01:27:34,040 --> 01:27:38,360 Speaker 2: Not now kid? He's running late because he's unpacking, trying 1808 01:27:38,360 --> 01:27:40,920 Speaker 2: to get inside. Kid doesn't give up. That's the problem 1809 01:27:40,960 --> 01:27:42,640 Speaker 2: with kids these days. Once upon a time, when I 1810 01:27:42,760 --> 01:27:46,560 Speaker 2: used to ask for autographs Vitus Gerrolitis, I got Visas Gerrolitis' 1811 01:27:47,200 --> 01:27:49,600 Speaker 2: autograph Gamo Villis. Remember that, I. 1812 01:27:49,640 --> 01:27:52,599 Speaker 3: Thought you got a nasty case of gerrolitis, which. 1813 01:27:52,479 --> 01:27:58,200 Speaker 2: Is Roscoe Tanner. Jimmy Connors was Jimmy Connor's autograph. Ken 1814 01:27:58,320 --> 01:28:02,080 Speaker 2: Rosewell had Ken Rosewell's autograph. John you Comb a John 1815 01:28:02,160 --> 01:28:06,280 Speaker 2: Newcomb's autograph has become about me? Yes, anyway, sorry, so 1816 01:28:06,479 --> 01:28:10,200 Speaker 2: the kid doesn't give up. And anyway, here's the audio. 1817 01:28:21,600 --> 01:28:22,120 Speaker 12: Were you stop? 1818 01:28:23,240 --> 01:28:25,840 Speaker 14: Stop Jesus grass? 1819 01:28:28,560 --> 01:28:37,439 Speaker 2: I mean, he's not like the kid wasn't worn. So 1820 01:28:37,600 --> 01:28:41,160 Speaker 2: I give one to McEnroe, Ryan Fairley Onny Power and 1821 01:28:41,200 --> 01:28:43,519 Speaker 2: obviously at Wilding Park got those over very nice. 1822 01:28:43,760 --> 01:28:45,479 Speaker 10: I think that the real feet here is not only 1823 01:28:45,560 --> 01:28:48,280 Speaker 10: did you get the autographs, but you you memorized all 1824 01:28:48,280 --> 01:28:49,080 Speaker 10: the ones that you had. 1825 01:28:49,200 --> 01:28:51,439 Speaker 2: Do you know probably my favorite autograph a collected of 1826 01:28:51,479 --> 01:28:53,000 Speaker 2: all time. It didn't get it in person, but I 1827 01:28:53,040 --> 01:28:55,600 Speaker 2: wrote away to him and he wrote back, Joe th 1828 01:28:55,640 --> 01:28:59,120 Speaker 2: Heisman And if you know anything about American football, Joe 1829 01:28:59,120 --> 01:29:01,400 Speaker 2: th Heisman washing and Redskins was one of the great 1830 01:29:01,479 --> 01:29:04,640 Speaker 2: quarterbacks of all time, and I rode away to Joe 1831 01:29:04,720 --> 01:29:06,880 Speaker 2: Weisman and I thought I'll never hear back from him. 1832 01:29:07,080 --> 01:29:10,080 Speaker 2: Got an eight by four in black and white to 1833 01:29:10,400 --> 01:29:15,040 Speaker 2: Mike all the very best Joe Weisman squad with. 1834 01:29:15,160 --> 01:29:17,080 Speaker 10: The tennis ones, were you like getting a like a 1835 01:29:17,200 --> 01:29:18,760 Speaker 10: giant oversized racket signed? 1836 01:29:18,840 --> 01:29:21,000 Speaker 2: Or any happy days? 1837 01:29:22,640 --> 01:29:25,479 Speaker 1: For more from the Mic Asking Breakfast, listen live to 1838 01:29:25,640 --> 01:29:28,679 Speaker 1: news talks that'd be from six am weekdays, or follow 1839 01:29:28,760 --> 01:29:30,280 Speaker 1: the podcast on iHeartRadio