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Speaker 1: You're trusted home for news, sport, entertainment, opinion and Mike

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Speaker 1: the mic casking Breakfast with Bailey's real Estate finding the

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Speaker 1: buyers others can't use togs d B.

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Speaker 2: Well, you're welcome today, getting down to business in Southeast Asia,

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Speaker 2: Prime Minister Tod mclag's in the Prime Minister out of

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Speaker 2: Malaysia for US. Bob McMurray on with the Liam holds

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Speaker 2: his seat. Our good news on tourism for you this morning.

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Speaker 2: The Lands do a lot of awesome sport. In the

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Speaker 2: commentary box over the weekend. Catherine Field, she's in France.

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Speaker 2: They've got a couple of arrests there, as I'm sure

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Speaker 2: you're well aware. Rod Little is in Great.

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Speaker 3: Britain for US, pasking welcome.

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Speaker 2: To the day, seven past six. Tell me how Paul Goldsmith,

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Speaker 2: Broadcasting Minister, is going to sort the unsortable, So the

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Speaker 2: Broadcasting Standards Authority, as I'm sure you're well aware, deliberately

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Speaker 2: or not opened a box of whoopee. Basically that's been

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Speaker 2: played out all over the world and various forms. So

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Speaker 2: in simple terms, regulators are trying to work out how

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Speaker 2: to control tech. The problem with regulators is their jurisdictions. Limited.

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Speaker 2: Problem with tech is there is no boundary, There is

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Speaker 2: no boarder. The same way government isn't going to charge

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Speaker 2: a tech company for nicking new and putting it on

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Speaker 2: their websites. Broadcasting Watchdog is not going to control Joe Rogan.

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Speaker 2: The Prime Minister has already worked all this out, of course,

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Speaker 2: and he says so last Monday. But then the Broadcasting

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Speaker 2: Minister and that ponderous sort of surprise laiden fashion that's

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Speaker 2: unique for Paul Goldsmith started wondering out loud why the

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Speaker 2: Herald Now stream wasn't regulated while breakfast television was. That,

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Speaker 2: of course, is the simple version of the problem. You're

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Speaker 2: only dealing with the difference in transmission.

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Speaker 3: Mode i e.

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Speaker 2: Terrestrial via the net. Next issue, if you're regulating the net,

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Speaker 2: what net? Where's it? Stop and start local streaming? What's

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Speaker 2: local streaming? If you're protecting an audience, surely you have

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Speaker 2: to protect them universally, and yet you can't. Even if

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Speaker 2: Goldsmith argues the line that things that look like radio

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Speaker 2: or look like television are captured, what are the radio

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Speaker 2: consumed in New Zealand originates in London? Next problem, If

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Speaker 2: you regulate the net, where does that start and stop?

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Speaker 2: Does a podcast look like radio? What about short firm

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Speaker 2: versus form versus long form? What about local content on TikTok?

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Speaker 2: And if so, why not all content on TikTok? Answer?

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Speaker 2: Because you can't. And if you can't, how's it fear

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Speaker 2: to regulate my TikTok? But not Piers Morgan's talk about

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Speaker 2: a horse and bolting government looks old world, don't they.

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Speaker 2: They look sort of am in an FM world. They

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Speaker 2: look like they're trying to save letters from the Internet.

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Speaker 2: They look like control freaks who don't know how to

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Speaker 2: save their own powers right or wrong, making me adhere

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Speaker 2: to rules while every half baked weirdo on the net

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Speaker 2: gets to say whatever they like. Is the cold hard

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Speaker 2: reality of the hero. Now save yourself, the time and

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Speaker 2: the headache and give it up.

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Speaker 3: Who news of the world in ninety seconds.

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Speaker 2: Monday in America, of course, the place still not open.

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Speaker 4: The Republican senators have voted eleven times to reopen the government.

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Speaker 4: Three brave moderate Democrats who come across the aisle. So

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Speaker 4: you know, I call on moderate Democratic senators to end

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Speaker 4: this craziness.

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Speaker 3: You will be heroes.

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Speaker 2: Out in the Caribbean specifically Jamaica. They're bracing for Hurricane Melissa.

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Speaker 5: Jamaica is a very course that I do so the

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Speaker 5: areas of concerned since living in lower land areas and

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Speaker 5: in many other communities which are susceptible to landslip.

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Speaker 2: Then in Britain, more concern around the grooming gangs and

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Speaker 2: the inquiry which seems bogged down and resignations.

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Speaker 6: It was a mess from the start. When I joined

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Speaker 6: the panel, we knew from the get go that it

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Speaker 6: was messy, and it was a very control and it

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Speaker 6: was very gaslighting.

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Speaker 2: Indeed entirely political. Farajes Waden.

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Speaker 3: The inquiry has flawed. The inquiry will not work, and

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Speaker 3: we want.

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Speaker 2: Today to offer perhaps a better solution. Meantime, and caught

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Speaker 2: an actual grooming gang for me and one woman. They're

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Speaker 2: in the slammer. It may be that you thought that

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Speaker 2: no one cared for your victims, meaning you could do

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Speaker 2: whatever you wanted.

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Speaker 7: To them without consequence.

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Speaker 2: If so, events have proved your own. And then the

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Speaker 2: King has been out opening a memorial to LGBT military.

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Speaker 8: The fact that his Majesty the King has supported us

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Speaker 8: in this and given us his patronage.

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Speaker 9: Is to me.

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Speaker 8: It says that my service matters.

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Speaker 2: Finally, portrait of Dora mar the partner of Picasso's sold

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Speaker 2: at auction. It's called Bust of a Woman with a flower.

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Speaker 2: They haven't seen this at oction since nineteen forty four,

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Speaker 2: so they've got a bit buzzy about it. Sold above

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Speaker 2: the estimate and doing so top this year's record in

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Speaker 2: France for big dollars for flash art, remembering, of course

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Speaker 2: not all arts and France has sold some of it's

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Speaker 2: simply stolen. Anyway, what do you pay for a woman

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Speaker 2: wearing a hat? Sixty four and a half million dollars

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Speaker 2: and that is news to the world in the moments.

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Speaker 2: Japanese inflation. Trump's in Japan at the moment, of course,

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Speaker 2: and he'll be meeting with Takeichi, who has gone down

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Speaker 2: at treat As far as I can work out, anyway,

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Speaker 2: core inflation's picked up for the first time since May

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Speaker 2: two point nine percent. Now that's above the Reserve banks

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Speaker 2: two percent target they do zero to two. So that'll

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Speaker 2: be an early test politically for the new prime Minster.

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Speaker 2: Eleven past six.

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Speaker 1: The Mike Hosking Breakfast Full Show podcast on iHeartRadio how

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Speaker 1: By Newstalk.

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Speaker 2: Good News from the Car World Volvo had their best

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Speaker 2: trading day literally ever. Their profit came in stronger than expected.

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Speaker 2: Downside of that was it was all due to cost cutting,

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Speaker 2: not necessarily selling more cars. But when you have your

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Speaker 2: best trading day ever, you can't argue with that, can you?

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Speaker 10: Fourteen pass.

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Speaker 2: General Erection Smith. Welcome to Tuesday Morning. Thanks by China.

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Speaker 2: We got some good news, Helloluja.

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Speaker 11: Yeah, talking profits. So Chinese industrial profits up twenty one

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Speaker 11: point six percent year on the year in September. That

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Speaker 11: was the biggest rise in almost two years, so it

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Speaker 11: was pretty good. It's actually five times what was forecasts

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Speaker 11: and follows a similar game in August. That's lifted profits

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Speaker 11: to three point two percent year to date. That's positive.

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Speaker 11: So manufacturers they led the way in zero ten percent.

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Speaker 11: High tech firms drove things.

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Speaker 10: I suppose.

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Speaker 11: Yeah, the rebund is flated by I suppose last year's

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Speaker 11: week base, but you have some optimism that ye stimuous

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Speaker 11: which is amounting to trillions being rolled out by Beijing

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Speaker 11: is working, you know, as well as if it's to

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Speaker 11: clamp down on an efficient firm, So you know, probably

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Speaker 11: provide I suppose a bit of a bit of the

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Speaker 11: upper hand to sort of she is the meets of

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Speaker 11: Trump this week. And even though I suppose a Chine's

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Speaker 11: economy remains under pressure in places, it's still fragile a

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Speaker 11: little bit when you look at that recovery, and that's

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Speaker 11: I suppose you know something that he will be mindful of.

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Speaker 11: And also as that they came in that five year

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Speaker 11: planning meeting last week saying there are major tests for

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Speaker 11: the economy, and I hopefully those storms are sort of

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Speaker 11: subsiding this week with that meeting.

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Speaker 10: Of course, there have been some of the branches.

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Speaker 11: Basince said one hundred percent tariff is off the table,

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Speaker 11: and Beijing is also delaying new where.

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Speaker 10: Earth curbs where the expert cuture.

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Speaker 11: To say in wrapping up you swibbing purchases, So motivations

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Speaker 11: on both sides to get a deal before you and

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Speaker 11: while we get that, or we may may just give

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Speaker 11: an extended truth, your time will tell.

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Speaker 2: Okay. Then we come to Japan, I mean the nikkety

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Speaker 2: through it. I mean there's a number of markets around

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Speaker 2: the world doing records at the moment. Is this something

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Speaker 2: to do with the new PM? But they like her,

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Speaker 2: oh absolutely.

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Speaker 11: Although Japan has been rallying sort of all years it's

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Speaker 11: gone through fifty thousand for the first time ever, or

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Speaker 11: already has had a big run. I suppose with a

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Speaker 11: deflation looking like it's ending, You've had bank in Japan

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Speaker 11: moving away from.

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Speaker 10: Its ultra loose policy. You've had a softer.

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Speaker 11: Yen driving large exported earnings, and you've actually seen money

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Speaker 11: going back into Japan from foreign investors who have been

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Speaker 11: underweight for some time. You've all said Ai paying but

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Speaker 11: a bit of a theme as well, so high tech

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Speaker 11: supply chains have been moving. But yeah, the latest optimism

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Speaker 11: has come from the new PM, Senai Takeiichi. She's pushing

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Speaker 11: a pro growth agenda. She's a very pro security defense firms.

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Speaker 11: They independece those games. So the governments bring forward plans

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Speaker 11: to hit the fence outlays of two percent of annual

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Speaker 11: GDP by two years. It's a clear break from the

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Speaker 11: historic cap of one percent. She wants Japan, which accounts

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Speaker 11: with just two percent global arm sales, to become an

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Speaker 11: international powerhouse. She's rolling back long standing defense export restrictions

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Speaker 11: and weapons factories. Or that's a plan to cele it

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Speaker 11: rating military investment in my export traction there has already

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Speaker 11: picked up prior to arrival, So Japanese consulting, that's a

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Speaker 11: preferred bit of for eleven warships to Australia and Little

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Speaker 11: World in New Zealand, we're evaluating the same frigates. So meanwhile,

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Speaker 11: I suppose this defense budget and export reform will get

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Speaker 11: a bit of attention as she's also meeting with Trump

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Speaker 11: this week. Of course he is a big fan of

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Speaker 11: defense burden sharing.

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Speaker 2: Yes, indeed, And then we come to the Fed. Are

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Speaker 2: they going to cut and what are they basing it?

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Speaker 2: Given they got no data?

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Speaker 10: Yeah, I've got no data, have they? So they've been

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Speaker 10: flying a bit blind.

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Speaker 11: But Powell did say last week that they contend to

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Speaker 11: mindor a broad set of indicators, a recons Not much

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Speaker 11: has changed since the September meeting. Yeah, the US government

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Speaker 11: isn't shutdown mode. They expect to do cut rates by

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Speaker 11: twenty five basis points, take the range to three point

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Speaker 11: seventy five to four percent. What they did here, Mike,

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Speaker 11: was a lower than expected inflation print on Friday, So

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Speaker 11: zero point three percent for September annual inflation rate at

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Speaker 11: three percent, that's lower than three point one expected. So

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Speaker 11: that's probably a tick in the box there. They had

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Speaker 11: to actually produce that data. The Social Security Administration use

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Speaker 11: it as a benchmark for cost of living adjustments and

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Speaker 11: benefit checks.

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Speaker 10: So that was good news.

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Speaker 11: Let's push the US record indices to record highs on

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Speaker 11: Friday again, also on Monday as well as we start

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Speaker 11: the week, so katlooks certain third one peak for December

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Speaker 11: as well. Commentary that will be at hamstring. They'll be

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Speaker 11: looking to probably rear firm reliance on future data for

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Speaker 11: future decisions.

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Speaker 10: But let's say about that.

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Speaker 11: And just by the bye, we're getting a decision from

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Speaker 11: the Bank of Canada as well.

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Speaker 10: They are also expected to cut.

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Speaker 11: And I guess they'll be mindful of resk galading trade tension,

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Speaker 11: so Trump's cerden additional tempting tariff airs and they following

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Speaker 11: their ad featuring Reagan criticizing tariffs ECB, they are expected

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Speaker 11: to hold as well. So yeah, a bit going on

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Speaker 11: in Central Bankland.

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Speaker 2: Mike numbers please, So we have record highs.

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Speaker 11: And all three in the season the used to start

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Speaker 11: the week there up half percent forty seven, four five seven,

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Speaker 11: we've got these and P five and one percent. We've

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Speaker 11: got their nearest deck roaring head up one point six percent.

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Speaker 11: AI Chips Qualcom. They're getting in on they're going to

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Speaker 11: try and sort of compete with n Vidiot that thirteen

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Speaker 11: percent forty flat nine sixty four nine. Nicko has mentioned

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Speaker 11: up two and a half percent fifty five one two

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Speaker 11: cs I three hundred, and China that was up one

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Speaker 11: point two percent, a sx two hundred, zeo point four

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Speaker 11: percent nine zero five five insed x fifty Obviously that

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Speaker 11: was closed, but it was that point one percent on Friday.

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Speaker 11: Gold that's come back from record levels down ano one

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Speaker 11: hundred and twenty dollars three nine nine four and ounce

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Speaker 11: oil up fifteen cents fifty one spot sixty five. And

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Speaker 11: the currencies Mike were higher against US dollar fifty seven

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Speaker 11: point eight, but we're back lower against the Izzie dollar

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Speaker 11: eighty seven point nine, against stirling with forty three point

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Speaker 11: two up slightly, and up against the yen eighty eight

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Speaker 11: point two. Lots are going on this week Central banks,

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Speaker 11: of course, and a deluge of earnings. We've got Apple, Amazon, Alphabet,

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Speaker 11: Microsoft and Meta amongst the big ten.

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Speaker 2: Good times you go. Well see you're seeing Greg Smith

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Speaker 2: out of Generate for us this morning, ask Tech and

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Speaker 2: throw Applican. Google announced a cloud partnership. Is this exciting?

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Speaker 2: What sort of exciting because they're going to add over

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Speaker 2: a gig of compute capacity by next year. How much

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Speaker 2: does a gig to add cost? Well, that's fifty billion.

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Speaker 2: And then we come to Intel, who were doing very nicely.

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Speaker 2: Their processes for PCs are back in demand. Apparently their

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Speaker 2: shares were up over eighty seven percent so far this year,

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Speaker 2: and of course the US government is the biggest shareholder

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Speaker 2: in that particular company. Their revenue for the quarter was

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Speaker 2: thirteen point six five billion. So if you don't think

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Speaker 2: there's money in tech, you're not awake. Six twenty here

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Speaker 2: written News Talks Boo.

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Speaker 1: The Vike Asking Breakfast full show podcast on iHeartRadio.

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Speaker 3: Now it by News Talks at B A.

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Speaker 2: Little bit of democracy ontch have you missed it over

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Speaker 2: the weekend? Malay they had them with terms the threat

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Speaker 2: from Trump et cetera, et cetera. Anyway, he got up.

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Speaker 2: He not only got up, he landslide. People seem to

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Speaker 2: love what he's doing in that particular part of the world.

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Speaker 2: Mike Parker probably has the money to retire at thirty five.

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Speaker 2: Well done, well, he probably does. Good luck to him

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Speaker 2: for it. But I only he wants to retire. And

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Speaker 2: what a weird old fight that was. Wasn't that the

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Speaker 2: weirdest fight? I suppose that's that classic example of you

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Speaker 2: take the risk you're not expecting to lose. But the

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Speaker 2: guy comes to town, it's the fight of his life.

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Speaker 2: You'll never hear from him again. Next time he goes

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Speaker 2: against somebody to give the old Deckham. But that doesn't

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Speaker 2: help Joe Park, it doesn't it.

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Speaker 10: Mike.

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Speaker 2: We're literally in the process of buying a commercial property.

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Speaker 2: Our intention is to live in half and the other

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Speaker 2: half to be a holiday accommodation. We're now very nervous

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Speaker 2: about this capital gains tax. Desperately need more information. Well,

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Speaker 2: what more information do you want? Andy? They're doing a

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Speaker 2: capital gains tax. The only thing you need to know,

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Speaker 2: which they haven't, and I assume it's deliberate, is what's

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Speaker 2: the rate? Is it one percent? Well, small clue, No,

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Speaker 2: is it fifteen like it was under fill Golf or

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Speaker 2: would have been under fill Golf? Or is it thirty

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Speaker 2: nine at the top tax rate? So that's what we

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Speaker 2: need to know. But if you're just joining us for

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Speaker 2: the morning, are the Labor Party have announced and probably

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Speaker 2: wisely because given the history of capital gains tax with

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Speaker 2: a Labour party and the disasters surrounding it for them,

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Speaker 2: at least if you get it out a year in advance,

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Speaker 2: one it settles into the psyche. And two, if it's

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Speaker 2: a complete disaster and the pushback goes badly in the

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Speaker 2: poll's tank, you've still got time to bail. So more

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Speaker 2: on that throughout the morning six twenty.

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Speaker 1: Trending Now with Chemist Warehouse Celebrate Big Brands and Biggest

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Speaker 1: Savings video.

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Speaker 2: Something you might be interested in, said yes, is this

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Speaker 2: is a mix between White Lotus and Ripley. It's called Mellis.

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Speaker 2: We've got a nanny who infiltrates a wealthy family.

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Speaker 6: Hi.

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Speaker 7: You must be Jamie.

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Speaker 3: Yeah, Adam, so nice to meet the man.

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Speaker 2: He showed up.

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Speaker 3: Imagine me you you're here for the kids. Yeah, I'm preleading. Really, God,

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Speaker 3: i'd see how the other half led. Well, welcome to

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Speaker 3: our vacation. And see what you mean about him?

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Speaker 2: He cooks, act a good plays with the kids. There's

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Speaker 2: something something.

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Speaker 3: Well I don't know.

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Speaker 2: This is very strange about him.

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Speaker 3: There's something a bit it's broken.

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Speaker 5: Somebody's had to get me and I'm going to find

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Speaker 5: out why.

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Speaker 3: Go on then, what is the worst thing you've ever done?

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Speaker 2: Right? So we got Jake Whitehall or Jack Whitehell, here's

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Speaker 2: your villain to Cobney David and Carice Vanhurton. I looked

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Speaker 2: her up and she's done a bit. I don't know anyway,

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Speaker 2: it's on Prime Video on the fourteenth of November. Some

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Speaker 2: good news. I think we had a chance to talk

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Speaker 2: about the EU meeting that was held in this country

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Speaker 2: last week and upgrading our FTA and the reason that

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Speaker 2: sort of dovetails into everything that's going on and Si

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Speaker 2: and an Apek at the moment is Tom McClay, the

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Speaker 2: Trade Minister, is with us after seven o'clock, ahead of

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Speaker 2: the Prime Minister out of Malaysia of course, after seven

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Speaker 2: thirty this morning, so we'll look at that. The other

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Speaker 2: good news I've got for you this morning is around tourism.

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Speaker 2: They think that one the summer's a good one or

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Speaker 2: the coming summer is a good one. And Queenstown is

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Speaker 2: about to crack through one hundred percent of pre COVID.

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Speaker 2: I mean, it's been a hell of a journey, hasn't

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Speaker 2: it for tourism New Zealand to get back to where

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Speaker 2: we once were. This is twenty nineteen we go back

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Speaker 2: to But they think Queenstown's going to go through that

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Speaker 2: number over the summer period. But what about the rest

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Speaker 2: of the country. When do we get back to what

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Speaker 2: we would loosely call normality. More on that after the news,

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Speaker 2: which is you're on the mic asking breakfast.

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Speaker 1: The newsmakers and the personalities, the big names talk to Mike,

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Speaker 1: the mic Hosking Breakfast with a Veda, Retirement, Communities, Life

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Speaker 1: Your Way News, togs Head been.

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Speaker 2: Trans shortly captin Field twenty three to seven. More uplifting

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Speaker 2: news though in the meantime around tourism, Queenstown is now

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Speaker 2: at ninety five percent of pre COVID, so there's been

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Speaker 2: one hundred ninety two thousand international rivals between jan and

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Speaker 2: August of this year. That's up fourteen percent on last year. Australia.

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Speaker 2: As you King of the Castle, forty percent of beaver

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Speaker 2: international rival is from Australia. Rene de marsh is the

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Speaker 2: chief executive of Tourism New Zealand. Back with us. Morning

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Speaker 2: to you, Good morning, Mike. Does summer look good at

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Speaker 2: the Ford bookings?

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Speaker 10: Bullsh Yeah, the Ford.

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Speaker 12: Bookings are pretty bullish, actually, I mean we're pretty pleased

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Speaker 12: to see the momentum continue to grow as you see

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Speaker 12: it in your intro. So you know, August as a

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Speaker 12: month was up to seven point five percent on August

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Speaker 12: last year. And the outlook for is actually really positive,

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Speaker 12: is what we're hearing from operators across the board. So

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Speaker 12: that's really good news for the industry.

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Speaker 2: It's Queenstown, the Canary and the tourism coal mind where

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Speaker 2: they go, they'll eventually get to the rest of the country,

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Speaker 2: or we can't say that.

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Speaker 12: Well, look, I mean Queenstown is hugely popular as you know,

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Speaker 12: and their recovery is leading the rest of the country.

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Speaker 12: It's also true that, as you mentioned that the number

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Speaker 12: of Australians coming here. You know, it's one of the

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Speaker 12: better connected airports. You've got all the different carriers that

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Speaker 12: are flying into Queenstown, so it's very easy to get

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Speaker 12: there from the Eastern seaboard. But look, really, what's really

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Speaker 12: important is that we continue to promote all of the country.

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Speaker 12: You know, Queenstown is one destination, but there are many

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Speaker 12: great destinations, so we need to continue to work hard

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Speaker 12: to really get people out and about and around the country.

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Speaker 2: Are we tapping out the Australian market. I mean that's

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Speaker 2: a heavy reliance on one market, isn't it.

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Speaker 12: No, we're not tapping it out. I mean it's a

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Speaker 12: huge market and it's the only one obviously that's close.

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Speaker 3: By, you know.

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Speaker 12: And it's fair to say Australia is stronger now than

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Speaker 12: it has been, but it's it's only probably about five

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Speaker 12: or six percentage points. So previously Australia was always close

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Speaker 12: to about forty percent of all arrivals. It's a little

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Speaker 12: higher than that at the moment. But we're really making

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Speaker 12: the most of that. Lots of Australians you know, are going,

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Speaker 12: we really want to get over to New Zealand, so

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Speaker 12: we want to make the most of that opportunity.

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Speaker 2: Is our promotional work actually working? Can you a kpi it?

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Speaker 2: And so we spent X and got y.

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Speaker 12: Yeah, absolutely, we do that across all of the work

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Speaker 12: that we do. We look at it at a campaign level,

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Speaker 12: We look at what are the different metrics. We also

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Speaker 12: track to do our research and ask consumers, you know,

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Speaker 12: are they getting and they're now feeling they're more ready

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Speaker 12: to book than they were before. So not only are

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Speaker 12: we tracking bookings off the back of our work, but

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Speaker 12: also looking at people is their intent to book increasing,

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Speaker 12: because you know, a holiday, you've got to take a

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Speaker 12: bit of time, you've got to plan it, you've got

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Speaker 12: to take leave. So it's so we track all of

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Speaker 12: those metrics across the work that we do.

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Speaker 2: Our beleagued dollar must be good, mustn't. If you, even

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Speaker 2: if you're Australian, you're looking at a good number at

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Speaker 2: the moment, aren't you?

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Speaker 3: What's that?

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Speaker 12: Sorry?

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Speaker 2: Are you looking at a good at the moment if

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Speaker 2: you're our beleagued dollar?

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Speaker 9: Yeah?

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Speaker 12: Absolutely, Look I think there is you know that is

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Speaker 12: helping us a bit of a tail wind Sydney out

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Speaker 12: if you look out of the US market as well.

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Speaker 12: Strong US dollar to the New Zealand dollar. I think

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Speaker 12: that certainly helps make it easier to make a travel decision.

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Speaker 2: Well, it's hope, it's great, Somemer. Good to catch up,

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Speaker 2: appreciate it. Rene de monsh who's the chief executive of

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Speaker 2: Tourism New Zealand. Just while I'm on the broad subject

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Speaker 2: tourism holdings expecting to return a profitability. One of the

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Speaker 2: big players in the market, of course, they're all over

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Speaker 2: the world. Grant Webster, the chief executive a semi regular

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Speaker 2: on this particular program, but they've seen growth here Australia, Canada,

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Speaker 2: the UK and Ireland. The Ford Book remainder of the

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Speaker 2: financial year in New Zealand, Australia, Canada twenty percent ahead

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Speaker 2: of last year. We remain confident that we've turned the corner,

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Speaker 2: so we wish them well. Nineteen to two.

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Speaker 1: The Mike Hosking Breakfast Full Show podcast on iHeartRadio, powered

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Speaker 1: by News Talks.

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437
00:19:33,440 --> 00:19:36,679
Speaker 2: check out my offers before doing that. Shopping only with

438
00:19:36,800 --> 00:19:40,440
Speaker 2: club card conditions apply. Here's where you go, New World

439
00:19:40,440 --> 00:19:44,040
Speaker 2: dot co dot Nz. You got that New World dot

440
00:19:44,080 --> 00:19:47,920
Speaker 2: co dot Nz pasking Mike, I'll keep my capital gains,

441
00:19:47,960 --> 00:19:50,520
Speaker 2: thanks and pay for my own doctor Graham. If only

442
00:19:50,560 --> 00:19:52,560
Speaker 2: you'd be so lucky. That's the other weird part about

443
00:19:52,600 --> 00:19:55,240
Speaker 2: this announcement. This morning, everyone gets some sort of medical cards,

444
00:19:55,240 --> 00:19:57,000
Speaker 2: so you go three times a year to the doctor,

445
00:19:57,560 --> 00:20:00,359
Speaker 2: whether one you need to or not, and two whether

446
00:20:00,400 --> 00:20:02,480
Speaker 2: you can afford to or not. It's the most ridiculous

447
00:20:02,480 --> 00:20:04,960
Speaker 2: system in the world. It's literally wasting money. Why are

448
00:20:05,000 --> 00:20:07,840
Speaker 2: you giving money away to people who don't need it? Mike?

449
00:20:08,560 --> 00:20:09,560
Speaker 2: Is this the family batch?

450
00:20:09,600 --> 00:20:09,760
Speaker 13: Yes?

451
00:20:09,800 --> 00:20:10,040
Speaker 14: It is.

452
00:20:11,320 --> 00:20:13,840
Speaker 2: Do the public poll indicate there would be wide support

453
00:20:13,880 --> 00:20:16,439
Speaker 2: for CGT Well, the last pole I saw had forty three,

454
00:20:16,600 --> 00:20:18,960
Speaker 2: thirty six, forty three in favor, thirty six against, but

455
00:20:19,560 --> 00:20:23,400
Speaker 2: importantly twenty two undecided and you're undecided because of course

456
00:20:23,440 --> 00:20:25,919
Speaker 2: there wasn't one until there is now potentially, so suddenly

457
00:20:26,000 --> 00:20:28,480
Speaker 2: that twenty two people will be going what do I think?

458
00:20:28,960 --> 00:20:32,760
Speaker 2: And so fifty eight undecided and against is fifty eight

459
00:20:33,200 --> 00:20:35,360
Speaker 2: to forty three in favor. So let's see where that goes.

460
00:20:35,400 --> 00:20:37,600
Speaker 2: Morning Mike. Why should we let a government who wastes

461
00:20:37,680 --> 00:20:42,080
Speaker 2: taxpayer money taxes more? Well, that's called democracy and that's

462
00:20:42,080 --> 00:20:43,959
Speaker 2: the election campaign, and that's why we have them.

463
00:20:44,040 --> 00:20:48,680
Speaker 15: Sixteen to two International Correspondence with ends at Eye Insurance,

464
00:20:48,840 --> 00:20:51,320
Speaker 15: Peace of Mind for New Zealand, Business.

465
00:20:51,080 --> 00:20:52,640
Speaker 2: For Moneycaps and Field. Morning to you.

466
00:20:53,280 --> 00:20:53,840
Speaker 9: Good morning.

467
00:20:53,960 --> 00:20:56,760
Speaker 2: Now, these arrests that we heard about over the weekend,

468
00:20:56,800 --> 00:20:58,560
Speaker 2: do we know who they are? Are they part of

469
00:20:58,600 --> 00:21:00,879
Speaker 2: a wider group? Are they so decaded? What do we know?

470
00:21:01,840 --> 00:21:05,800
Speaker 6: Okay, what we know is two males aged in their thirties,

471
00:21:05,880 --> 00:21:10,000
Speaker 6: one French Algerian and another one French but origin from Mali

472
00:21:10,080 --> 00:21:14,000
Speaker 6: in West Africa were taken into custody on Saturday evening.

473
00:21:14,160 --> 00:21:17,119
Speaker 6: One of the men was actually at Charldonville Airport getting

474
00:21:17,160 --> 00:21:20,680
Speaker 6: ready to get on a plane to Algeria. Now police

475
00:21:20,720 --> 00:21:23,840
Speaker 6: say that was why they moved right then. They'd been

476
00:21:23,880 --> 00:21:27,080
Speaker 6: following these guys since about Wednesday, hoping that they would

477
00:21:27,160 --> 00:21:30,120
Speaker 6: lead them to the masterminds. They knew that these two

478
00:21:30,640 --> 00:21:32,639
Speaker 6: were part of the gang, but they knew that they

479
00:21:32,640 --> 00:21:36,119
Speaker 6: went the mastermind, so nab this guy at the airport,

480
00:21:37,040 --> 00:21:39,199
Speaker 6: nabbed the other one at the same time, he was

481
00:21:39,200 --> 00:21:42,080
Speaker 6: in the northern Paris suburb. Since then, they've been held

482
00:21:42,240 --> 00:21:47,960
Speaker 6: at the organized crime headquarters of Paris Police. Apparently they

483
00:21:48,119 --> 00:21:52,199
Speaker 6: are saying nothing now as if we needed it, just

484
00:21:52,280 --> 00:21:55,840
Speaker 6: to show that how far from a James Bond type

485
00:21:55,920 --> 00:21:59,440
Speaker 6: heist this was. Mike Police trace them because both men

486
00:21:59,560 --> 00:22:03,920
Speaker 6: have got quite a wrap sheet. They've experienced thieves known

487
00:22:03,960 --> 00:22:07,600
Speaker 6: to police. One of the men they found him via

488
00:22:07,640 --> 00:22:11,120
Speaker 6: the DNA that was on the discarded motorbike, how much

489
00:22:11,160 --> 00:22:13,080
Speaker 6: that they left behind in the rush to get away.

490
00:22:13,520 --> 00:22:16,520
Speaker 6: The other man, in the rush to get away, he

491
00:22:16,600 --> 00:22:19,720
Speaker 6: left behind his Hiver's jacket and they managed to get

492
00:22:19,760 --> 00:22:23,600
Speaker 6: the DNA off the fibers of that. So police still

493
00:22:24,400 --> 00:22:27,880
Speaker 6: don't have any clue where those Crown jewels are. They're

494
00:22:27,960 --> 00:22:32,400
Speaker 6: hoping to get to it sometime soon. But you're still

495
00:22:32,440 --> 00:22:35,560
Speaker 6: looking for those two who fled on the scooters. They're

496
00:22:35,600 --> 00:22:39,520
Speaker 6: still at large and everyone's still hoping that the jewels

497
00:22:39,520 --> 00:22:41,120
Speaker 6: are somewhere ready to be collected.

498
00:22:41,359 --> 00:22:43,400
Speaker 2: How long do they get to hold them for before

499
00:22:43,440 --> 00:22:45,240
Speaker 2: they got a stick them in court with something.

500
00:22:45,600 --> 00:22:49,240
Speaker 6: Oh a long time, ninety six hours, Mike. So they've

501
00:22:49,240 --> 00:22:52,240
Speaker 6: got them right through to all Wednesday. But of course

502
00:22:52,640 --> 00:22:55,879
Speaker 6: if they still believe that, then they've put them before

503
00:22:55,880 --> 00:22:58,119
Speaker 6: a judge, and the judge says, well they should stay

504
00:22:58,160 --> 00:22:59,200
Speaker 6: there for a bit longer.

505
00:22:59,480 --> 00:23:04,920
Speaker 2: Now this was separate the Candie Owens thing, but this

506
00:23:05,000 --> 00:23:09,640
Speaker 2: case that involves the harassment of Bridget Macron. How many

507
00:23:09,640 --> 00:23:11,960
Speaker 2: people are involved with this and what have they done? Allegedly?

508
00:23:12,800 --> 00:23:15,760
Speaker 6: Allegedly at ten in the doc they had their first

509
00:23:15,800 --> 00:23:18,440
Speaker 6: afternoon in court just today a couple of hours ago.

510
00:23:18,520 --> 00:23:21,879
Speaker 6: They left eight men, two women, aged between forty one

511
00:23:21,960 --> 00:23:25,600
Speaker 6: and sixty years old. They are charged with online harassment

512
00:23:26,119 --> 00:23:31,600
Speaker 6: targeting Bridget Macron with these same allegations about her sexuality

513
00:23:32,680 --> 00:23:36,720
Speaker 6: and about her gender identity. They all say that they're

514
00:23:36,760 --> 00:23:39,879
Speaker 6: not guilty. They say that yes, these were online, but

515
00:23:39,960 --> 00:23:43,520
Speaker 6: they weren't addressed to the first lady. There was nothing

516
00:23:43,640 --> 00:23:46,120
Speaker 6: they said to show that she would actually read them.

517
00:23:46,640 --> 00:23:52,600
Speaker 6: Among those who are charged a spiritual medium, a conspiracy theories,

518
00:23:53,160 --> 00:23:56,120
Speaker 6: a teacher, an I technician, IT technician, and a real

519
00:23:56,240 --> 00:24:00,879
Speaker 6: estate agent. The reason the Macrons took this case was

520
00:24:00,920 --> 00:24:02,840
Speaker 6: that they felt it had just gone too far. This

521
00:24:02,960 --> 00:24:06,000
Speaker 6: online harassment had gone on and on, as well as

522
00:24:06,040 --> 00:24:08,359
Speaker 6: that case that may well come to court soon in

523
00:24:08,359 --> 00:24:11,840
Speaker 6: the US Candy Sowens. They just say that this had

524
00:24:11,840 --> 00:24:15,520
Speaker 6: to stop. All these allegations that macarn Brigitte was born

525
00:24:15,560 --> 00:24:19,320
Speaker 6: a man, that she's actually her brother, just went on

526
00:24:19,400 --> 00:24:23,919
Speaker 6: and on. It felt guilty. These dependants in court in

527
00:24:24,040 --> 00:24:25,640
Speaker 6: Paris could face up to two years.

528
00:24:25,640 --> 00:24:28,040
Speaker 2: And it's very interesting the legals, isn't it, Because if

529
00:24:28,040 --> 00:24:30,320
Speaker 2: you're not addressing it directly to the person and you're

530
00:24:30,359 --> 00:24:33,159
Speaker 2: on the net, it's like and under what Laura, you

531
00:24:33,200 --> 00:24:35,360
Speaker 2: are arguing? You can't say, I mean, you're talking free

532
00:24:35,400 --> 00:24:37,800
Speaker 2: speech here, I guess, aren't you? To a degree, then

533
00:24:37,920 --> 00:24:38,440
Speaker 2: is why this.

534
00:24:38,480 --> 00:24:41,640
Speaker 6: Case has come up again. Originally, Bridget America on one

535
00:24:41,680 --> 00:24:45,439
Speaker 6: a case against these ten. It was rejected on appeal

536
00:24:45,520 --> 00:24:49,040
Speaker 6: because she'd tried that before the courts under a law

537
00:24:49,040 --> 00:24:53,480
Speaker 6: which Dick she didn't take defamation into account. So yeah,

538
00:24:53,520 --> 00:24:55,840
Speaker 6: it's incredibly difficult to find the right law at the

539
00:24:55,880 --> 00:24:59,199
Speaker 6: right time. And as I said, you know, if you

540
00:24:59,240 --> 00:25:02,320
Speaker 6: hadn't watched, I have known. But of course, one of the

541
00:25:02,359 --> 00:25:05,240
Speaker 6: women up before the court to day she did actually

542
00:25:05,280 --> 00:25:09,199
Speaker 6: publish a four hour long video of her thoughts of

543
00:25:09,280 --> 00:25:10,280
Speaker 6: why Bridges.

544
00:25:10,280 --> 00:25:13,120
Speaker 2: On just the four just the four hours. Okay, how's

545
00:25:13,160 --> 00:25:15,879
Speaker 2: mister leck on you second time round? Going see c

546
00:25:16,040 --> 00:25:16,879
Speaker 2: running things nicely?

547
00:25:17,560 --> 00:25:21,000
Speaker 6: Oh, I still haven't got a budget mine. Everyone's looking

548
00:25:21,000 --> 00:25:24,720
Speaker 6: a little bit worried because there's less than sixty days

549
00:25:24,720 --> 00:25:27,880
Speaker 6: to go, counting it down because apparently it's the same

550
00:25:27,960 --> 00:25:31,840
Speaker 6: number of shopping days until Christmas. But everyone's a bit

551
00:25:31,880 --> 00:25:35,840
Speaker 6: worried because Moody's late on Friday change the outlook for

552
00:25:35,880 --> 00:25:40,600
Speaker 6: the French economy to negative simply because public finances are bloated.

553
00:25:40,920 --> 00:25:43,159
Speaker 6: The minority government is having to struggle to get this

554
00:25:43,280 --> 00:25:47,280
Speaker 6: through bill by bill by bill, and the Socialists still

555
00:25:47,320 --> 00:25:51,120
Speaker 6: say that unless there are significant tax increases on the wealthy,

556
00:25:51,480 --> 00:25:53,359
Speaker 6: they'll vote it down later this week and bring the

557
00:25:53,400 --> 00:25:53,960
Speaker 6: government down.

558
00:25:54,080 --> 00:25:55,879
Speaker 2: Okay, well we'll catch up, and that's what we've got

559
00:25:55,880 --> 00:25:58,040
Speaker 2: you on the program. Katherine Catherine Field in France. By

560
00:25:58,080 --> 00:26:00,240
Speaker 2: the way, also the week in the EC the E

561
00:26:00,240 --> 00:26:04,400
Speaker 2: European Commission TikTok Meta yet again breaching their obligation, they say,

562
00:26:04,520 --> 00:26:07,359
Speaker 2: to give researchers adequate access to public data. It's all

563
00:26:07,359 --> 00:26:10,800
Speaker 2: part of the Digital Services Act. The preliminary findings, if

564
00:26:10,800 --> 00:26:14,480
Speaker 2: they're uphold, and this is the interesting part, under their

565
00:26:14,560 --> 00:26:17,800
Speaker 2: new laws, you can find these people up to six

566
00:26:17,840 --> 00:26:23,040
Speaker 2: percent of their global turnover. So do those numbers. The

567
00:26:23,040 --> 00:26:26,919
Speaker 2: Commission also preliminarily found that meta for both Instagram and

568
00:26:26,960 --> 00:26:29,720
Speaker 2: Facebook in breach of its obligation to provide users simple

569
00:26:29,720 --> 00:26:33,040
Speaker 2: mechanisms to notify illegal content, as well as to allow

570
00:26:33,080 --> 00:26:36,199
Speaker 2: them to effectively challenge content moderation decisions. So that's off

571
00:26:36,240 --> 00:26:38,360
Speaker 2: to court. It'll be appealed, blah blah blah, but we'll

572
00:26:38,400 --> 00:26:39,760
Speaker 2: keep you in touch. Mine away from.

573
00:26:39,640 --> 00:26:45,680
Speaker 1: Seven the mic asking breakfast with Veta Retirement Communities News, togs.

574
00:26:45,480 --> 00:26:47,520
Speaker 2: Head been like, who decides the value of a property

575
00:26:47,520 --> 00:26:49,920
Speaker 2: in twenty twenty seven? Well, very fair question. The answer

576
00:26:49,960 --> 00:26:51,840
Speaker 2: is you only it's decided by the market when you

577
00:26:51,920 --> 00:26:55,000
Speaker 2: sell your house. So the way it would work very simply,

578
00:26:55,000 --> 00:26:57,480
Speaker 2: you bought your batch in nineteen ninety and you paid

579
00:26:57,520 --> 00:26:59,399
Speaker 2: one hundred and fifty thousand dollars for it back in

580
00:26:59,440 --> 00:27:01,720
Speaker 2: ninety nine, and you're selling it in twenty twenty seven

581
00:27:01,760 --> 00:27:04,480
Speaker 2: four to two point five million. So the difference between

582
00:27:04,520 --> 00:27:06,440
Speaker 2: what you paid for what you're selling it for a

583
00:27:06,640 --> 00:27:09,000
Speaker 2: set the rate we understand it's at twenty eight percent.

584
00:27:09,040 --> 00:27:10,639
Speaker 2: The weird thing about the release this morning from the

585
00:27:10,680 --> 00:27:12,359
Speaker 2: labor parties, they didn't tell you what the rate was,

586
00:27:12,359 --> 00:27:14,280
Speaker 2: but the rate we understand it to be twenty eight percent.

587
00:27:14,680 --> 00:27:17,120
Speaker 2: So say you made nine hundred thousand dollars profit over

588
00:27:17,160 --> 00:27:19,120
Speaker 2: that period of time, you'll be giving twenty eight percent

589
00:27:19,160 --> 00:27:21,199
Speaker 2: to be nine hundred thousand dollars to the Labor government,

590
00:27:21,440 --> 00:27:23,280
Speaker 2: if of course they are the government. And then that

591
00:27:23,440 --> 00:27:26,479
Speaker 2: is the great debate and democracy and the election campaign

592
00:27:26,520 --> 00:27:28,320
Speaker 2: of twenty twenty six, Mike, the last two years of

593
00:27:28,400 --> 00:27:32,320
Speaker 2: economic misery are a direct result of Labour's economic illiteracy.

594
00:27:32,400 --> 00:27:34,840
Speaker 2: How can anyone say, yes, please, let's have some more

595
00:27:34,840 --> 00:27:38,520
Speaker 2: of that, Well, look at the polls. That's democracy, that's

596
00:27:38,560 --> 00:27:41,400
Speaker 2: how this thing works. There are lots of people who

597
00:27:41,440 --> 00:27:43,639
Speaker 2: look at what the Labor government, maybe even the Greens

598
00:27:43,680 --> 00:27:46,000
Speaker 2: are about, and go, yep, we'll soak the rich. We'll

599
00:27:46,040 --> 00:27:48,880
Speaker 2: get those bastards, we'll line them up, we'll shake them down,

600
00:27:48,920 --> 00:27:51,000
Speaker 2: and we'll take all the money we possibly can. Interesting

601
00:27:51,040 --> 00:27:53,960
Speaker 2: piece are read over the weekend from Peter Dune on

602
00:27:53,960 --> 00:27:56,439
Speaker 2: the newsroom site. He was arguing the moderation, So what

603
00:27:56,520 --> 00:27:59,640
Speaker 2: labour needs to do is moderate be a Bob Hawkish,

604
00:27:59,720 --> 00:28:02,639
Speaker 2: David long e Ish, Hell and Clarkish type of labor party,

605
00:28:03,040 --> 00:28:07,719
Speaker 2: and that presents a real headache for Luxeon. Obviously, this

606
00:28:07,720 --> 00:28:11,280
Speaker 2: announcement this morning indicates Chris Hopkins has got no such plans.

607
00:28:11,560 --> 00:28:12,960
Speaker 2: Five away from seven.

608
00:28:13,680 --> 00:28:16,960
Speaker 1: Poll, the ins and the Ouse, it's the fizz with

609
00:28:17,200 --> 00:28:20,679
Speaker 1: business fiber take your business productivity to the next level.

610
00:28:20,760 --> 00:28:23,119
Speaker 2: Retail, what can I offer you this morning with the

611
00:28:23,160 --> 00:28:25,919
Speaker 2: pending festive season, But moments away we've got the Retail

612
00:28:26,040 --> 00:28:29,560
Speaker 2: Radar survey July through September. Sixty percent of those who

613
00:28:29,600 --> 00:28:31,320
Speaker 2: took part, and I think it's one of those options.

614
00:28:31,960 --> 00:28:34,280
Speaker 2: Sixty percent of those who took part do not plan

615
00:28:34,440 --> 00:28:37,480
Speaker 2: on hiring any additional staff this fest of season. Of

616
00:28:37,520 --> 00:28:39,640
Speaker 2: the rest, two percent are going to hire way more staff.

617
00:28:39,680 --> 00:28:42,560
Speaker 2: They go staff, we can't get enough staff. We're going

618
00:28:42,680 --> 00:28:45,280
Speaker 2: nuts on staff, so many staff twelve percent, so they

619
00:28:45,280 --> 00:28:48,040
Speaker 2: would hire more but pewer than last year, and twenty

620
00:28:48,040 --> 00:28:50,720
Speaker 2: two percent say it's about the same as last year.

621
00:28:50,720 --> 00:28:53,880
Speaker 2: So the broad vibe this is actually quite encouraging. I

622
00:28:53,880 --> 00:28:56,080
Speaker 2: think sixty six percent, so let's call that two thirds,

623
00:28:56,080 --> 00:28:59,840
Speaker 2: shall we they're confident or very confident about the future,

624
00:29:00,160 --> 00:29:02,480
Speaker 2: and that's up slightly from the same quarter last year,

625
00:29:02,720 --> 00:29:05,160
Speaker 2: so there are more people confident. Sixty nine percent or

626
00:29:05,200 --> 00:29:07,720
Speaker 2: retailers are confident their business will survive the next twelve months,

627
00:29:07,720 --> 00:29:10,080
Speaker 2: and that's up from fifty seven. So that's that would

628
00:29:10,080 --> 00:29:12,200
Speaker 2: be a that would be a flecker, that'll be a

629
00:29:12,200 --> 00:29:15,800
Speaker 2: green shoot, I think Tom McLay, Trade Minister, So what

630
00:29:15,840 --> 00:29:18,200
Speaker 2: are we getting at. We're looking to upgrade our status

631
00:29:18,200 --> 00:29:22,480
Speaker 2: within USIAN, the grouping that we're busy meeting with in

632
00:29:22,560 --> 00:29:24,840
Speaker 2: Malaysia at the moment. So if we can get up upgraded,

633
00:29:24,880 --> 00:29:27,200
Speaker 2: that's a good thing. Then it's on to Korea for APECK.

634
00:29:27,280 --> 00:29:29,200
Speaker 2: But for US Korea we need an upgrade in the

635
00:29:29,240 --> 00:29:32,160
Speaker 2: old FTA, so that's hopefully more money. So that's what

636
00:29:32,200 --> 00:29:34,080
Speaker 2: the Prime minister's working on as we speak. So where

637
00:29:34,120 --> 00:29:35,480
Speaker 2: are we And of course we had that big meeting

638
00:29:35,520 --> 00:29:37,600
Speaker 2: with the EU here last week, first time I'd ever

639
00:29:37,640 --> 00:29:39,280
Speaker 2: done that, seemed weird to me, but there you go.

640
00:29:40,000 --> 00:29:41,680
Speaker 2: So Tom McLay, the Trade Minister, on that in the

641
00:29:41,760 --> 00:29:44,320
Speaker 2: next half hour of the program Bob McMurray on if

642
00:29:44,320 --> 00:29:46,800
Speaker 2: one over the weekend, Liam is in a holding pattern

643
00:29:46,800 --> 00:29:48,840
Speaker 2: as we wait, wait, wait, wait and wait to see

644
00:29:48,840 --> 00:29:52,160
Speaker 2: what happens in twenty six and then the aforementioned trade

645
00:29:52,200 --> 00:29:54,560
Speaker 2: stuff with the prime minus stuff who will be joining

646
00:29:54,640 --> 00:29:57,480
Speaker 2: us from Malaysia after seven thirty this morning, along with

647
00:29:57,600 --> 00:30:00,560
Speaker 2: the sports shortened week of course, Sir Andrew Sevilj implined

648
00:30:00,600 --> 00:30:03,400
Speaker 2: in the commentary box still to come on the Mic

649
00:30:03,400 --> 00:30:04,760
Speaker 2: Hosking Breakfast.

650
00:30:12,560 --> 00:30:15,720
Speaker 3: Credible, compelling, the breakfast show you can't miss.

651
00:30:15,920 --> 00:30:19,440
Speaker 1: It's the Mic Hosking Breakfast with the Defender embraced, the

652
00:30:19,520 --> 00:30:21,600
Speaker 1: impossible news talks dead be only.

653
00:30:21,480 --> 00:30:23,080
Speaker 2: Seven past seven is a big week for the country

654
00:30:23,080 --> 00:30:24,960
Speaker 2: on the trade front, of course, the East Asia Summit

655
00:30:25,000 --> 00:30:27,720
Speaker 2: followed by APEC in South Korea, Trump and your headline

656
00:30:27,800 --> 00:30:30,240
Speaker 2: X So what if anything tangible comes out of any

657
00:30:30,280 --> 00:30:32,120
Speaker 2: of this or all of this? Todd mcclay's the Trade

658
00:30:32,160 --> 00:30:34,760
Speaker 2: Minister who was on his way today and he's with

659
00:30:34,840 --> 00:30:39,360
Speaker 2: us morning. Are you with us or not? Are we

660
00:30:39,400 --> 00:30:41,640
Speaker 2: getting an upgrade on our sen Has that been sorted

661
00:30:41,760 --> 00:30:43,280
Speaker 2: or do we have to work through something for that

662
00:30:43,360 --> 00:30:43,760
Speaker 2: to happen?

663
00:30:44,400 --> 00:30:47,320
Speaker 16: So very close trade minist has met about a month

664
00:30:47,400 --> 00:30:51,160
Speaker 16: ago and agreed equivalent of language for the leaders they

665
00:30:51,160 --> 00:30:54,360
Speaker 16: were to work through. That allows an upgrade. Nothing will

666
00:30:54,360 --> 00:30:57,160
Speaker 16: happen quickly for New Zealand, though, it's the ability for

667
00:30:57,880 --> 00:31:00,640
Speaker 16: to sort of see a bit more integration rules, simplifying

668
00:31:00,680 --> 00:31:02,640
Speaker 16: so our businesses and getting out of those countries a

669
00:31:02,720 --> 00:31:04,600
Speaker 16: lot more easily. That's a really big push for us.

670
00:31:04,800 --> 00:31:07,240
Speaker 2: Is that a material thing where dollars flow?

671
00:31:08,000 --> 00:31:10,040
Speaker 16: Yes, absolutely it will be. So if you think if

672
00:31:10,080 --> 00:31:11,680
Speaker 16: you're a New Zevan company and you want to go

673
00:31:11,720 --> 00:31:14,880
Speaker 16: and set up in an Asian country, you'll have different

674
00:31:14,960 --> 00:31:17,479
Speaker 16: rules in every single one, which is okay, but some

675
00:31:17,560 --> 00:31:19,880
Speaker 16: of them are quite prohibitive. So the idea that we

676
00:31:19,920 --> 00:31:22,560
Speaker 16: can have, you know, a bit more freer movement of

677
00:31:22,560 --> 00:31:24,800
Speaker 16: those businesses, it's easier for them to set up, easier

678
00:31:24,840 --> 00:31:27,440
Speaker 16: for them. The trade will make a huge, huge difference.

679
00:31:27,960 --> 00:31:30,000
Speaker 16: I suppose the easiest way to look at it, Mike

680
00:31:30,160 --> 00:31:33,560
Speaker 16: is hasier. Pacific is a fast, just growing region in

681
00:31:33,600 --> 00:31:36,040
Speaker 16: the world. We sit right there on their doorstep. They're

682
00:31:36,120 --> 00:31:38,480
Speaker 16: very open to us. So if we can get rules simplified,

683
00:31:38,480 --> 00:31:40,320
Speaker 16: it'll be much easier for Kiwis to do better.

684
00:31:40,320 --> 00:31:40,560
Speaker 6: There.

685
00:31:40,640 --> 00:31:43,160
Speaker 2: Are they more open given what's happened with America and

686
00:31:43,160 --> 00:31:45,120
Speaker 2: they're the people who make the running shoes and they're

687
00:31:45,120 --> 00:31:46,480
Speaker 2: the ones being hit with forty percent.

688
00:31:47,520 --> 00:31:49,600
Speaker 16: Well, they've already for the last handfully has been quite

689
00:31:49,640 --> 00:31:51,720
Speaker 16: open to us. It's a very long agreement. You've seen

690
00:31:51,800 --> 00:31:53,960
Speaker 16: quite a few of their leaders either come down or

691
00:31:53,960 --> 00:31:56,200
Speaker 16: our Prime minist has been up there. But yes, there

692
00:31:56,280 --> 00:31:59,280
Speaker 16: is a new sense of dynamism there. They want to

693
00:31:59,320 --> 00:32:02,360
Speaker 16: look more broad than some of their larger, more traditional

694
00:32:02,400 --> 00:32:05,239
Speaker 16: training partners in New Zealand along with Australia are an

695
00:32:05,240 --> 00:32:06,000
Speaker 16: easy pick for them.

696
00:32:06,240 --> 00:32:08,400
Speaker 2: What about the FTI and career? Is there going to

697
00:32:08,440 --> 00:32:09,160
Speaker 2: be movement there?

698
00:32:10,400 --> 00:32:13,480
Speaker 16: Well, I've been having conversations with my colleague. They've just

699
00:32:13,480 --> 00:32:16,440
Speaker 16: had an election, so it's a new minister we're talking

700
00:32:16,480 --> 00:32:19,120
Speaker 16: about that. It's we're at the stage we were talking

701
00:32:19,160 --> 00:32:21,360
Speaker 16: about levels of ambition. Both sides say, yes, it's time

702
00:32:21,400 --> 00:32:24,240
Speaker 16: to upgrade it. We want a really good upgrade. It's

703
00:32:24,280 --> 00:32:27,160
Speaker 16: a chance to modernize it because it was some time ago.

704
00:32:27,920 --> 00:32:30,120
Speaker 16: I think it's fair to say, as a result of

705
00:32:30,360 --> 00:32:32,160
Speaker 16: their election and your ministers, that's going to take a

706
00:32:32,200 --> 00:32:34,400
Speaker 16: little bit longer. But I'm on my way today. As

707
00:32:34,400 --> 00:32:36,720
Speaker 16: he said, up to Corea I'll be pushing that along

708
00:32:36,760 --> 00:32:40,520
Speaker 16: with the conversations with both China and the Chinese minister

709
00:32:40,720 --> 00:32:43,920
Speaker 16: and the US Minister about better rules for New Zealanders

710
00:32:43,960 --> 00:32:46,360
Speaker 16: and in the case of the US, more certainty as

711
00:32:46,400 --> 00:32:48,080
Speaker 16: to what might have what not happen with tariff.

712
00:32:48,120 --> 00:32:51,240
Speaker 2: Righten good. Just last week the EU that seemed all

713
00:32:51,320 --> 00:32:52,080
Speaker 2: bullish is it?

714
00:32:52,760 --> 00:32:56,880
Speaker 16: Yeah, very very positive. Their commissioner came down here. In fact,

715
00:32:56,920 --> 00:32:58,680
Speaker 16: he was on the araplane more than he was in

716
00:32:58,720 --> 00:33:01,640
Speaker 16: the country. Flew down here for US five hundred companies,

717
00:33:01,640 --> 00:33:05,000
Speaker 16: about two hundred from the EU came down. Of course,

718
00:33:05,000 --> 00:33:07,600
Speaker 16: this is to celebrate just over a year of our

719
00:33:07,600 --> 00:33:10,960
Speaker 16: free trade agreement, one point eight billion dollars of extra

720
00:33:11,040 --> 00:33:13,760
Speaker 16: exports for New Zealand goods exports up to that market,

721
00:33:13,960 --> 00:33:15,800
Speaker 16: and they're very keen to do more. He and I

722
00:33:15,800 --> 00:33:18,680
Speaker 16: have agreen will agreed will do another summit up in

723
00:33:18,720 --> 00:33:21,479
Speaker 16: Europe and it's just now about promoting that agreement so

724
00:33:21,520 --> 00:33:23,640
Speaker 16: that the trade can grow even more quickly.

725
00:33:23,720 --> 00:33:26,680
Speaker 2: Good, go well, appreciate it. Tod McLay, who's the Trade Minister,

726
00:33:26,720 --> 00:33:28,920
Speaker 2: heading off this morning to career ten minutes past seven,

727
00:33:29,400 --> 00:33:31,640
Speaker 2: Oscar back. We're having a look at some aged care reform.

728
00:33:31,680 --> 00:33:34,520
Speaker 2: Apparently we've got a Ministry Real advisory group they've established

729
00:33:34,520 --> 00:33:37,640
Speaker 2: to review the outdated funding model their words, not mine,

730
00:33:37,680 --> 00:33:39,840
Speaker 2: currently costs US two and a half billion dollars a year.

731
00:33:39,840 --> 00:33:42,400
Speaker 2: What they're looking at is the sustainable supply of aged

732
00:33:42,440 --> 00:33:46,200
Speaker 2: gere beds and cohesion between services. Now Tracy Martin form

733
00:33:46,200 --> 00:33:48,680
Speaker 2: New Zealand First m P of course, our chief executive

734
00:33:48,680 --> 00:33:50,920
Speaker 2: of Age Care Association these days, and is with us.

735
00:33:50,960 --> 00:33:53,320
Speaker 2: Good morning, good morning. We haven't talked for a while

736
00:33:53,360 --> 00:33:55,800
Speaker 2: post to your political life. Do you enjoying this job?

737
00:33:55,840 --> 00:33:56,840
Speaker 2: Have you got a grip on it?

738
00:33:57,840 --> 00:34:00,400
Speaker 8: Yes, I am enjoying it. I think I'm gripping it up.

739
00:34:00,440 --> 00:34:03,920
Speaker 2: Okay, as the Prime Minister would say, at two and

740
00:34:04,000 --> 00:34:07,280
Speaker 2: a half billion dollars expenditure for the sector, is the

741
00:34:07,360 --> 00:34:08,200
Speaker 2: money efficient?

742
00:34:10,280 --> 00:34:13,000
Speaker 8: Two and a half billion dollars also includes home in

743
00:34:13,080 --> 00:34:17,160
Speaker 8: home care delivery, so it's not all for residential care.

744
00:34:18,120 --> 00:34:21,200
Speaker 8: But I don't think anybody believes, and we've had report

745
00:34:21,239 --> 00:34:25,239
Speaker 8: after report after report saying that the model of delivery

746
00:34:25,360 --> 00:34:30,560
Speaker 8: and the funding system itself is broken. So ultimately, at

747
00:34:30,600 --> 00:34:33,040
Speaker 8: the moment, we're putting that money in. But can we

748
00:34:33,080 --> 00:34:36,040
Speaker 8: say that we are getting the best the most efficient

749
00:34:36,080 --> 00:34:38,560
Speaker 8: system out the other side that cares for people the

750
00:34:38,600 --> 00:34:41,279
Speaker 8: way they should be cared for. We've got passionate people

751
00:34:41,320 --> 00:34:45,840
Speaker 8: delivering care, absolutely, but the model needs to have to

752
00:34:45,840 --> 00:34:46,719
Speaker 8: be looked at.

753
00:34:46,920 --> 00:34:49,480
Speaker 2: Okay. So it's not just automatically about more.

754
00:34:49,320 --> 00:34:54,440
Speaker 8: Money, No, definitely not. This is about taking you know,

755
00:34:54,480 --> 00:34:57,759
Speaker 8: what is the last century way of delivering care to

756
00:34:58,040 --> 00:35:02,000
Speaker 8: a completely different cohort of human beings. Ultimately, they're older,

757
00:35:02,400 --> 00:35:05,960
Speaker 8: they come in with much more complicated sort of co morbidities,

758
00:35:06,000 --> 00:35:10,480
Speaker 8: their acuities higher. Aging in place has been very successful,

759
00:35:10,680 --> 00:35:13,840
Speaker 8: So the people that are being looked after in residential

760
00:35:13,880 --> 00:35:16,640
Speaker 8: care have much higher needs and it needs to be

761
00:35:16,719 --> 00:35:17,799
Speaker 8: delivered in a different way.

762
00:35:17,960 --> 00:35:20,560
Speaker 2: Okay, apart from the different wayside of it, the aging

763
00:35:20,600 --> 00:35:23,920
Speaker 2: population and its role and how dramatic that will be.

764
00:35:24,000 --> 00:35:25,000
Speaker 2: Are we on top of that?

765
00:35:26,000 --> 00:35:30,040
Speaker 8: No, absolutely not. I mean government's successive governments have known

766
00:35:30,080 --> 00:35:33,479
Speaker 8: its coming and they haven't taken the action that's needed

767
00:35:33,520 --> 00:35:35,439
Speaker 8: to be taken. So we're kind of got a very

768
00:35:35,480 --> 00:35:38,200
Speaker 8: small window left now around about ten to fifteen years.

769
00:35:38,280 --> 00:35:40,160
Speaker 2: Okay, So it's one thing to say, let's have a

770
00:35:40,160 --> 00:35:42,040
Speaker 2: look at it. Is anything going to happen? When do

771
00:35:42,080 --> 00:35:43,480
Speaker 2: I ring you back? And when do you go, well,

772
00:35:43,480 --> 00:35:45,680
Speaker 2: I'll tell you what we fixed that good and proper.

773
00:35:46,440 --> 00:35:50,439
Speaker 8: Yes, that's right, well, well done. Good point. I think

774
00:35:50,480 --> 00:35:54,080
Speaker 8: what we're hoping for with the announcement that has been

775
00:35:54,080 --> 00:35:57,480
Speaker 8: made recently as this is the first true action. This

776
00:35:57,640 --> 00:36:01,200
Speaker 8: is not another review. This is actual bringing experts who

777
00:36:01,239 --> 00:36:04,520
Speaker 8: know how to deliver care both in home and in

778
00:36:04,560 --> 00:36:07,759
Speaker 8: residential care together in a room and giving them a

779
00:36:07,760 --> 00:36:10,760
Speaker 8: period of time, a short period of time, and saying, okay,

780
00:36:11,000 --> 00:36:13,480
Speaker 8: tell us what will work, and then we'll take it

781
00:36:13,520 --> 00:36:15,719
Speaker 8: into cabinet and then we'll have a conversation about it.

782
00:36:15,800 --> 00:36:18,960
Speaker 2: Good luck with that. Tracy Martin, Chief Executive, Aged Care Association,

783
00:36:19,080 --> 00:36:21,640
Speaker 2: thirteen past seven, last getting Mike ask you for you

784
00:36:21,640 --> 00:36:24,240
Speaker 2: to clarify will the tax kick in from the property

785
00:36:24,320 --> 00:36:26,480
Speaker 2: rtable value as of twenty twenty seven. I'm not sure.

786
00:36:26,560 --> 00:36:29,359
Speaker 2: This is one of the complicating things about tax Nothing

787
00:36:29,400 --> 00:36:32,200
Speaker 2: gets your exercise like money, does it. There's nothing rpable

788
00:36:32,239 --> 00:36:33,960
Speaker 2: about it. The only time you taxed on something is

789
00:36:33,960 --> 00:36:36,759
Speaker 2: when you sell it, when you realize the value. So

790
00:36:36,800 --> 00:36:38,799
Speaker 2: in other words, they go back to when you bought

791
00:36:38,840 --> 00:36:41,239
Speaker 2: it and when you sell it. When you sell it

792
00:36:41,280 --> 00:36:43,640
Speaker 2: is when you are taxed Mike, does the CGT relate

793
00:36:43,680 --> 00:36:45,440
Speaker 2: to things like my wife's diamond ring that I gave

794
00:36:45,440 --> 00:36:46,880
Speaker 2: it thirty years ago? Well, first of all, why are

795
00:36:46,920 --> 00:36:49,360
Speaker 2: you selling your wife's diamond ring? And no, it doesn't.

796
00:36:49,480 --> 00:36:53,160
Speaker 2: Personal items are not included. Essentially, it is just your

797
00:36:53,200 --> 00:36:56,839
Speaker 2: batch or your business. It's not about this capital gains tax,

798
00:36:56,840 --> 00:36:58,480
Speaker 2: but the fact that this opens the door. And this

799
00:36:58,560 --> 00:37:00,319
Speaker 2: is the big question they're going to have to host down.

800
00:37:00,640 --> 00:37:02,840
Speaker 2: It's not about this capital gains tax, but the fact

801
00:37:02,840 --> 00:37:06,399
Speaker 2: that this opens the door. Once it's in, they will

802
00:37:06,400 --> 00:37:09,960
Speaker 2: add inheritance, and then the farm and then the family home.

803
00:37:10,239 --> 00:37:13,120
Speaker 2: The interesting thing about this morning is they only put

804
00:37:13,160 --> 00:37:15,120
Speaker 2: it out because it got leaked over the weekend. So

805
00:37:16,040 --> 00:37:18,160
Speaker 2: I'm not sure they're as tight as a drum or

806
00:37:18,200 --> 00:37:20,040
Speaker 2: as tight as they might like to think they are.

807
00:37:20,320 --> 00:37:21,640
Speaker 2: Fourteen pasted.

808
00:37:22,840 --> 00:37:26,760
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio.

809
00:37:26,920 --> 00:37:29,360
Speaker 3: Howard by News talks at be Prime.

810
00:37:29,239 --> 00:37:31,680
Speaker 2: Minister about fifteen minutes away. Sixteen past seven didn't go

811
00:37:31,800 --> 00:37:34,560
Speaker 2: so well for Leam yesterday in Mexico DNF. That's five

812
00:37:34,640 --> 00:37:37,160
Speaker 2: the season word from Red Bull's helmet marker was they

813
00:37:37,160 --> 00:37:39,239
Speaker 2: were going to make the call now ish this is

814
00:37:39,320 --> 00:37:41,920
Speaker 2: laws and Sonoda and lind lad that's now off for

815
00:37:41,920 --> 00:37:44,759
Speaker 2: a month until they think guitar, So they're focusing on

816
00:37:44,800 --> 00:37:47,560
Speaker 2: Max anyway. Bo McMurray former McClaren race members with us,

817
00:37:47,560 --> 00:37:51,120
Speaker 2: Bob morning, Good morning, Mike. What's I mean? I don't

818
00:37:51,160 --> 00:37:52,600
Speaker 2: know where the hell we're at with us? I mean,

819
00:37:53,080 --> 00:37:56,600
Speaker 2: is had your red bulls answer? I mean, so are

820
00:37:56,600 --> 00:37:59,080
Speaker 2: they stuck on that and therefore they move him Sonoda's out?

821
00:37:59,120 --> 00:38:01,760
Speaker 2: Or is it laws and out? Why are they promoting Lindblad?

822
00:38:02,800 --> 00:38:05,880
Speaker 17: Yeah, it's a black art with the driver and management,

823
00:38:05,920 --> 00:38:08,000
Speaker 17: isn't it? And helt Marco seems to make a black

824
00:38:08,080 --> 00:38:11,920
Speaker 17: art even blacker. We honestly, we don't know. Nobody knows

825
00:38:11,960 --> 00:38:14,440
Speaker 17: apart from those in the team. But my gup feel

826
00:38:15,520 --> 00:38:19,040
Speaker 17: is that they will still keep Liam Sonoda will be

827
00:38:19,080 --> 00:38:23,920
Speaker 17: out and possibly be a reserve driver from Aston Martin

828
00:38:24,040 --> 00:38:27,000
Speaker 17: or something, unless Honda come up with a whole bunch

829
00:38:27,080 --> 00:38:28,680
Speaker 17: of money to keep him in the team, in which

830
00:38:28,719 --> 00:38:32,120
Speaker 17: case Liam is out. Now, all these things are variables

831
00:38:32,160 --> 00:38:36,200
Speaker 17: that they play around with. They've delayed that decision now

832
00:38:36,320 --> 00:38:39,080
Speaker 17: until basically the end of the season, and they say

833
00:38:39,160 --> 00:38:43,120
Speaker 17: that's to concentrate on Max Withstafan winning the championship. But

834
00:38:43,200 --> 00:38:45,640
Speaker 17: I would imagine it is more like they haven't got

835
00:38:45,719 --> 00:38:49,279
Speaker 17: enough information on ourvid Lindblad, who after all, was down

836
00:38:49,320 --> 00:38:53,879
Speaker 17: here in January racing in the Toyota Formula Regional Championship.

837
00:38:53,880 --> 00:38:55,759
Speaker 17: I mean it's a big old stretch from that to

838
00:38:55,840 --> 00:38:59,600
Speaker 17: Formula One. But nonetheless they're like that. Two, they don't

839
00:38:59,600 --> 00:39:03,839
Speaker 17: want to make demoralize their drivers as the season goes on,

840
00:39:04,600 --> 00:39:05,360
Speaker 17: and I really.

841
00:39:05,160 --> 00:39:07,240
Speaker 2: Thought they've wrecked that already.

842
00:39:07,880 --> 00:39:10,280
Speaker 17: Yeah, yeah, they're doing a good job of that. But three,

843
00:39:10,600 --> 00:39:15,240
Speaker 17: they might need actually need those three drivers Sunoda, Hajja

844
00:39:15,400 --> 00:39:19,359
Speaker 17: and Lawson to help Max for Staffen in his bid

845
00:39:19,400 --> 00:39:22,360
Speaker 17: to win the championship by getting in the way or

846
00:39:22,400 --> 00:39:23,920
Speaker 17: being a chicane or something like that.

847
00:39:23,960 --> 00:39:24,480
Speaker 10: But it is.

848
00:39:25,280 --> 00:39:29,520
Speaker 17: It's got to be the worst situation for junior drivers,

849
00:39:29,520 --> 00:39:31,680
Speaker 17: and I still class Liam as a junior driver in

850
00:39:31,719 --> 00:39:35,839
Speaker 17: that respect to be in when Red Bull holds all

851
00:39:35,880 --> 00:39:38,399
Speaker 17: the cards, they have your contract. You can't do anything else.

852
00:39:38,440 --> 00:39:40,799
Speaker 2: No, what's the first nation with Limblad. He hasn't done

853
00:39:40,920 --> 00:39:42,960
Speaker 2: enough to warrant the promotion. He was out in FP

854
00:39:43,120 --> 00:39:45,120
Speaker 2: one over the weekend. And you look good and you

855
00:39:45,160 --> 00:39:46,839
Speaker 2: perform well and all that stuff, but when you got

856
00:39:46,880 --> 00:39:49,239
Speaker 2: some capable drivers, what is it about limb Blad that's

857
00:39:49,239 --> 00:39:49,760
Speaker 2: so magical.

858
00:39:50,480 --> 00:39:52,439
Speaker 17: Well, they think he's a bit of a star. Now

859
00:39:52,480 --> 00:39:55,040
Speaker 17: he's seventh in the Formula two Championship at the moment.

860
00:39:55,120 --> 00:39:59,120
Speaker 17: It ain't star material. So and he does have the

861
00:39:59,160 --> 00:40:02,040
Speaker 17: super license pots, whereas he's the only one that they've

862
00:40:02,040 --> 00:40:05,399
Speaker 17: got who is eligible with super license points in their

863
00:40:05,440 --> 00:40:10,200
Speaker 17: stable of junior drivers. I think Lynd Ladd, I really

864
00:40:10,239 --> 00:40:13,320
Speaker 17: think Lynd Ladd needs another season in Formula two because

865
00:40:13,360 --> 00:40:16,359
Speaker 17: I think it's all very well appearing for an hour

866
00:40:16,640 --> 00:40:20,799
Speaker 17: on a Friday morning and amazing everybody, but it's not

867
00:40:20,880 --> 00:40:23,359
Speaker 17: what you do every weekend, every weekend in a Grand

868
00:40:23,400 --> 00:40:26,080
Speaker 17: Prix campaign. And I think he needs more, much more

869
00:40:26,400 --> 00:40:29,920
Speaker 17: than just appearing now and again and saying you're our

870
00:40:29,960 --> 00:40:30,640
Speaker 17: next coming star.

871
00:40:30,880 --> 00:40:33,040
Speaker 2: Good stuff, Bob. Nice to get your inside as always,

872
00:40:33,080 --> 00:40:37,360
Speaker 2: Bob McMurray. And my guest from everyone I talk to

873
00:40:38,040 --> 00:40:40,920
Speaker 2: is that if anyone goes to know to goes with

874
00:40:40,960 --> 00:40:43,520
Speaker 2: the Honda connection, he's off to esther Martiners. As Bob

875
00:40:43,560 --> 00:40:45,840
Speaker 2: alluded to Mike, and do you get a deduction for

876
00:40:45,920 --> 00:40:47,160
Speaker 2: any losses you might make?

877
00:40:47,280 --> 00:40:47,400
Speaker 14: Right?

878
00:40:47,440 --> 00:40:51,839
Speaker 2: One more time on capital gains. Capital gains. If there

879
00:40:51,880 --> 00:40:55,480
Speaker 2: is no gain, there is no capital. If there is

880
00:40:55,520 --> 00:40:58,400
Speaker 2: no capital, it is not Text twenty past.

881
00:40:58,280 --> 00:41:04,440
Speaker 1: Seven, the Mike Hosking Breakfast Full Show podcast on iHeartRadio

882
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895
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899
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904
00:42:01,680 --> 00:42:05,360
Speaker 2: So it's one Net. It's grizzly powerful team for increasing

905
00:42:05,400 --> 00:42:08,919
Speaker 2: your profitability. Sket I do have a question at seven

906
00:42:08,960 --> 00:42:11,879
Speaker 2: twenty four, A quick question in fact on the Oxford Union. Now,

907
00:42:11,880 --> 00:42:13,400
Speaker 2: we thought it was a thing when David longee you

908
00:42:13,400 --> 00:42:15,439
Speaker 2: remember when David Longe turned up all those years ago.

909
00:42:16,000 --> 00:42:18,279
Speaker 2: But since then Willie Jackson and David Symore and now

910
00:42:18,280 --> 00:42:22,480
Speaker 2: Winston Peters have appeared. So does that diminish its exclusiveness anyway? Peters,

911
00:42:22,680 --> 00:42:24,960
Speaker 2: who was there over the weekend, what did he argue? Well,

912
00:42:25,000 --> 00:42:30,040
Speaker 2: he argued that courts here undermine democracy. God blessed that man,

913
00:42:30,080 --> 00:42:32,920
Speaker 2: and may he spread that message far and wide. Just

914
00:42:33,000 --> 00:42:35,040
Speaker 2: last week's for Shure and Marine Amber Bill. As your

915
00:42:35,080 --> 00:42:37,799
Speaker 2: latest and classic example, we had a law came in

916
00:42:37,800 --> 00:42:40,239
Speaker 2: in twenty eleven. Some people didn't like it, and you're

917
00:42:40,239 --> 00:42:43,440
Speaker 2: allowed not to like laws, But hijacking democracy by trying

918
00:42:43,440 --> 00:42:46,440
Speaker 2: your luck and interventionist courts is not helpful to a

919
00:42:46,480 --> 00:42:48,680
Speaker 2: country looking for a bit of peace and harmony. Courts

920
00:42:48,719 --> 00:42:51,359
Speaker 2: are good for a bunch of stuff, deciding either by

921
00:42:51,440 --> 00:42:54,040
Speaker 2: judge or jury, whether mister Pollock was in the library

922
00:42:54,040 --> 00:42:58,120
Speaker 2: with a candlestick i e. Crime, whether another judge erd

923
00:42:58,400 --> 00:43:01,520
Speaker 2: in an initial finding i e. Appeals, or whether there's

924
00:43:01,520 --> 00:43:03,000
Speaker 2: a gap in the law, and if there is, how

925
00:43:03,080 --> 00:43:05,759
Speaker 2: that gap could be filled i e. The Supreme Court.

926
00:43:06,120 --> 00:43:08,880
Speaker 2: What they're not good at, although I'm sure given their

927
00:43:08,920 --> 00:43:11,400
Speaker 2: operations of late, they would argue otherwise is taking in

928
00:43:11,480 --> 00:43:15,520
Speaker 2: already established existing law and upending it because they believe

929
00:43:15,560 --> 00:43:17,600
Speaker 2: they are superior to the ultimate court, which is, of

930
00:43:17,640 --> 00:43:19,839
Speaker 2: course the Parliament, and the Parliament is the ultimate court

931
00:43:19,840 --> 00:43:22,480
Speaker 2: because of the group of lawmakers are put there by us.

932
00:43:22,520 --> 00:43:26,000
Speaker 2: The voter Peters, a lawyer himself, of course, is doing

933
00:43:26,000 --> 00:43:28,400
Speaker 2: a great service on our behalf because too many people,

934
00:43:28,719 --> 00:43:31,400
Speaker 2: including people in the Parliament, are afraid to call things

935
00:43:31,400 --> 00:43:34,040
Speaker 2: out when they need calling out. They were afraid, for example,

936
00:43:34,040 --> 00:43:36,760
Speaker 2: to call out the Reserve Bank when it butchered the economy,

937
00:43:36,960 --> 00:43:38,960
Speaker 2: afraid to call out the Speaker when he failed to

938
00:43:38,960 --> 00:43:40,840
Speaker 2: properly deal with the clowns in the House, and afraid

939
00:43:40,840 --> 00:43:42,760
Speaker 2: to call out the judges at places like the WAITANGI

940
00:43:42,800 --> 00:43:47,600
Speaker 2: tribunal tribunal when they very clearly overstep their mandate and

941
00:43:47,600 --> 00:43:50,880
Speaker 2: look increasingly like little more than trouble makers. So Winston

942
00:43:50,920 --> 00:43:54,239
Speaker 2: Peters good foreign minister and good at telling it like

943
00:43:54,320 --> 00:43:58,279
Speaker 2: it is. By that man of beer asking morning, Mike,

944
00:43:58,760 --> 00:44:01,200
Speaker 2: are late to the party. Sorry, Labor relies on jealousy

945
00:44:01,200 --> 00:44:03,480
Speaker 2: and ignorance, which fits in with the Union alliance as

946
00:44:03,520 --> 00:44:06,319
Speaker 2: any CG tax that doesn't account for inflation is double theft.

947
00:44:06,320 --> 00:44:07,839
Speaker 2: Well that's exactly what it is. If you think they're

948
00:44:07,840 --> 00:44:10,600
Speaker 2: going to take into account inflation, you're dreaming. So long

949
00:44:10,640 --> 00:44:13,640
Speaker 2: they're dreaming, Mike. This capital gains tax, how far back

950
00:44:13,680 --> 00:44:16,200
Speaker 2: will it go? As a I'm not sure why this

951
00:44:16,280 --> 00:44:18,640
Speaker 2: is complicated, but it's really interesting to get the responses

952
00:44:18,680 --> 00:44:20,200
Speaker 2: this morning. It goes back as far as you bought

953
00:44:20,200 --> 00:44:22,520
Speaker 2: the property, whatever the property is. When you bought it

954
00:44:22,560 --> 00:44:25,920
Speaker 2: is day one, when you sell it is day two.

955
00:44:26,160 --> 00:44:29,799
Speaker 2: And the gap and value between them is what is tax. So,

956
00:44:30,000 --> 00:44:32,680
Speaker 2: as the text goes as, a three thirty thousand dollar

957
00:44:32,760 --> 00:44:35,960
Speaker 2: house bought in the sixties will have more capital gain

958
00:44:36,000 --> 00:44:38,040
Speaker 2: than the one million dollar house bought three years ago. Correct,

959
00:44:38,080 --> 00:44:40,520
Speaker 2: one hundred percent, correct, Wayne, But there will be very

960
00:44:40,520 --> 00:44:42,239
Speaker 2: few people left in the country who bought a house

961
00:44:42,239 --> 00:44:45,000
Speaker 2: in the nineteen sixties for thirty thousand. But if you did,

962
00:44:45,880 --> 00:44:47,480
Speaker 2: and you go to realize it, and this is the

963
00:44:47,560 --> 00:44:49,800
Speaker 2: unfairness of it all. If you bought your nice marital

964
00:44:49,840 --> 00:44:54,720
Speaker 2: house in nineteen sixty seven, three beds, one bathroom, eighteen

965
00:44:54,800 --> 00:44:56,879
Speaker 2: hundred square meters of land, because that's what they were

966
00:44:56,880 --> 00:44:59,120
Speaker 2: in those days, and you paid thirty thousand dollars, and

967
00:44:59,120 --> 00:45:02,040
Speaker 2: now suddenly you reach retirement thirty five or forty years later,

968
00:45:02,520 --> 00:45:04,239
Speaker 2: and the thing's worth two and a half million dollars

969
00:45:04,239 --> 00:45:06,640
Speaker 2: because it's an auckland. The difference between thirty thousand and

970
00:45:06,680 --> 00:45:09,640
Speaker 2: two and a half million dollars is what you get

971
00:45:09,680 --> 00:45:13,520
Speaker 2: taxed on Welcome to the Labor Party of twenty twenty five,

972
00:45:13,880 --> 00:45:15,640
Speaker 2: and that'll be at twenty eight percent, So it's a

973
00:45:15,680 --> 00:45:19,280
Speaker 2: million dollars. Say the profit is a million dollars twenty

974
00:45:19,320 --> 00:45:21,600
Speaker 2: eight percent of a million dollars. You do the math, Mike,

975
00:45:21,680 --> 00:45:24,799
Speaker 2: does CGT take into account any improvements you might have

976
00:45:24,840 --> 00:45:26,799
Speaker 2: done it. You don't know what takes them to it.

977
00:45:26,800 --> 00:45:30,280
Speaker 2: It's the sale price, what you bought it for versus

978
00:45:30,320 --> 00:45:33,960
Speaker 2: what you sell it for. The difference is what is taxed.

979
00:45:34,400 --> 00:45:39,200
Speaker 2: That is the capital game. Christopher Luxen from Asia. Next

980
00:45:39,560 --> 00:45:40,759
Speaker 2: on the Mike Hosking.

981
00:45:40,440 --> 00:45:47,399
Speaker 1: Books No Fluff, Just facts and fierce debate, The Mic

982
00:45:47,440 --> 00:45:51,440
Speaker 1: Hosking Breakfast with Bailey's Real Estate Finding the Buyers Others

983
00:45:51,440 --> 00:45:52,640
Speaker 1: can't use Togs dead bs.

984
00:45:52,680 --> 00:45:54,919
Speaker 2: Twenty three minutes away from being a short week, of course,

985
00:45:54,960 --> 00:45:57,600
Speaker 2: it's seen commentary boxed up for eight o'clock andrews Helvin

986
00:45:57,719 --> 00:45:59,520
Speaker 2: Jason Pine will be doing the business. So much to

987
00:45:59,560 --> 00:46:01,960
Speaker 2: talk about, from the netball to the boxing to lead lawson.

988
00:46:02,640 --> 00:46:05,560
Speaker 2: Of course. Meantime, the Prime Minister was with us from

989
00:46:05,640 --> 00:46:09,600
Speaker 2: Asian ahead of APEX curs of liccens with us morning.

990
00:46:09,960 --> 00:46:11,839
Speaker 13: Good morning, Mike Dard. Do I have a fun fact

991
00:46:11,920 --> 00:46:14,439
Speaker 13: for you? Last time you gave me grief about doing

992
00:46:14,440 --> 00:46:16,360
Speaker 13: the fun facts at the end? Yes, you know that

993
00:46:16,400 --> 00:46:18,880
Speaker 13: we export in three days now what we used to

994
00:46:18,920 --> 00:46:21,120
Speaker 13: do in a year in nineteen seventy five to.

995
00:46:22,520 --> 00:46:24,200
Speaker 2: The world, to Southeast Asia.

996
00:46:24,000 --> 00:46:26,640
Speaker 13: Southeast Asia, yep, where I am today and kal So

997
00:46:27,400 --> 00:46:28,359
Speaker 13: that's pretty cool, isn't it.

998
00:46:28,440 --> 00:46:31,719
Speaker 2: So, just just for the record, we export to Southeast

999
00:46:31,760 --> 00:46:35,320
Speaker 2: Asia now in three days what we used to export

1000
00:46:35,360 --> 00:46:36,400
Speaker 2: in a whole year.

1001
00:46:37,040 --> 00:46:38,080
Speaker 13: In nineteen seventy five.

1002
00:46:38,160 --> 00:46:42,680
Speaker 2: Yep, that's that's an that's an impressive fact. Congratulations, How

1003
00:46:42,760 --> 00:46:45,320
Speaker 2: was your How was your Monday? Is this really about

1004
00:46:45,320 --> 00:46:48,919
Speaker 2: glad handing in relationships as opposed to specific deals?

1005
00:46:49,640 --> 00:46:52,120
Speaker 13: Now, Look, I mean Asian and Apek is about seventy

1006
00:46:52,120 --> 00:46:54,439
Speaker 13: percent of our exports, sixty percent of the population, about

1007
00:46:54,480 --> 00:46:57,399
Speaker 13: half the global economy. And so there's four things I'm

1008
00:46:57,400 --> 00:46:59,040
Speaker 13: trying to do while I'm up here. One is to

1009
00:46:59,600 --> 00:47:02,120
Speaker 13: get it what it's called a comprensive strategic partnership with

1010
00:47:02,239 --> 00:47:04,960
Speaker 13: u CM, which is all the eleven countries in Southeast Asia.

1011
00:47:05,360 --> 00:47:07,640
Speaker 13: That means we're only one of seven countries that have

1012
00:47:07,719 --> 00:47:10,759
Speaker 13: that arrangement. That's the highest level sort of diplomatic relationship

1013
00:47:10,800 --> 00:47:13,200
Speaker 13: you can have. And as a consequence, that means that

1014
00:47:13,239 --> 00:47:16,040
Speaker 13: those countries in Southeast Asia have us a higher priority

1015
00:47:16,040 --> 00:47:19,200
Speaker 13: to invest in and obviously make a bigger effort for

1016
00:47:19,320 --> 00:47:21,319
Speaker 13: us to deal with our exports coming in and out

1017
00:47:21,360 --> 00:47:23,400
Speaker 13: of those countries as well. I've got a bit of

1018
00:47:23,400 --> 00:47:25,879
Speaker 13: work to do with Malaysia to do about investment back

1019
00:47:25,880 --> 00:47:29,920
Speaker 13: in New Zealand, particularly renewables and hospitality. Then we go

1020
00:47:29,960 --> 00:47:33,239
Speaker 13: to Korea where Apekas where the twenty one economies of

1021
00:47:33,600 --> 00:47:36,359
Speaker 13: apec Are and that's a chance also for us to

1022
00:47:36,680 --> 00:47:39,240
Speaker 13: talk about that grouping and what we're doing. But also

1023
00:47:39,239 --> 00:47:40,880
Speaker 13: we're in Korea. We're going to have a comperence of

1024
00:47:40,920 --> 00:47:43,360
Speaker 13: stategic partnership, a serious upgrade. And of course Korea is

1025
00:47:43,400 --> 00:47:47,040
Speaker 13: our first largest trading partner. It's pretty sizable for New Zealand.

1026
00:47:47,080 --> 00:47:48,799
Speaker 13: So that's really what we're here to do is just

1027
00:47:48,840 --> 00:47:51,319
Speaker 13: make sure we're doing everything we can to open up

1028
00:47:51,680 --> 00:47:54,799
Speaker 13: and get to the top draw of relationships with all

1029
00:47:54,800 --> 00:47:57,279
Speaker 13: these countries so that we can create opportunities for our

1030
00:47:57,280 --> 00:47:59,040
Speaker 13: businesses to come in and sell a lot of stuff.

1031
00:47:59,040 --> 00:48:01,880
Speaker 13: And of course they are We've had a fantastic experts

1032
00:48:02,200 --> 00:48:03,840
Speaker 13: record this year which have been brought.

1033
00:48:03,600 --> 00:48:06,640
Speaker 2: In the deal. Will it get done this week or not?

1034
00:48:07,719 --> 00:48:09,520
Speaker 13: Yes it will, Yes, it will, so I hope to.

1035
00:48:09,600 --> 00:48:11,480
Speaker 13: I've got to make a pitch tomorrow in a meeting

1036
00:48:11,640 --> 00:48:14,760
Speaker 13: and then we will celebrate that, hopefully over a lunch

1037
00:48:14,840 --> 00:48:18,120
Speaker 13: and then and then get that deal signed a link tomorrow.

1038
00:48:18,239 --> 00:48:19,920
Speaker 2: Good. The Korean deal is worth what?

1039
00:48:21,719 --> 00:48:24,200
Speaker 13: Not sure what it will be worth. I mean we've done,

1040
00:48:24,200 --> 00:48:26,200
Speaker 13: We've got I've got an f t A with Korea

1041
00:48:26,200 --> 00:48:28,840
Speaker 13: which has been actually there for some time, and we

1042
00:48:29,000 --> 00:48:30,400
Speaker 13: keep pushing to see that we can get that you

1043
00:48:30,440 --> 00:48:33,680
Speaker 13: can further upgraded. But but again what this does is

1044
00:48:33,719 --> 00:48:36,239
Speaker 13: put us into the top relation top top draw of

1045
00:48:36,239 --> 00:48:38,600
Speaker 13: relationships with them as well. And a lot of it

1046
00:48:38,640 --> 00:48:40,000
Speaker 13: is as I said, is you know, we're seeing a

1047
00:48:40,040 --> 00:48:41,520
Speaker 13: lot of product career. I went up there on a

1048
00:48:42,120 --> 00:48:44,879
Speaker 13: on a state visit there and took a very large

1049
00:48:44,920 --> 00:48:47,520
Speaker 13: delegation and again a lot of products and services, but

1050
00:48:47,600 --> 00:48:50,919
Speaker 13: also some technology businesses up there as well.

1051
00:48:51,200 --> 00:48:53,600
Speaker 2: What's your sense in the you know, short time you've

1052
00:48:53,640 --> 00:48:56,239
Speaker 2: been there, this this rules based order, free trade, what

1053
00:48:56,280 --> 00:48:59,360
Speaker 2: we're about versus what some other countries are about these ways?

1054
00:48:59,520 --> 00:49:02,680
Speaker 2: Is that argument still winning? Is free trade still a thing?

1055
00:49:02,840 --> 00:49:03,600
Speaker 2: Or are we losing?

1056
00:49:04,600 --> 00:49:06,200
Speaker 13: No, it is still a thing. I mean you might

1057
00:49:06,239 --> 00:49:09,000
Speaker 13: remember I hit the phone's pretty hard April, and I

1058
00:49:09,120 --> 00:49:11,680
Speaker 13: then with a Shilvondalan and Europe, And what we have

1059
00:49:11,760 --> 00:49:16,360
Speaker 13: agreed is that the European Union and the CPTPP countries

1060
00:49:16,400 --> 00:49:20,440
Speaker 13: and the European Union and the Arcian countries, which represent

1061
00:49:20,520 --> 00:49:22,920
Speaker 13: those three blocks are about forty percent of global trade,

1062
00:49:22,960 --> 00:49:26,640
Speaker 13: which is very very sizable. We made a decision that

1063
00:49:26,680 --> 00:49:28,600
Speaker 13: we really want to make sure that those blocks actually

1064
00:49:28,640 --> 00:49:31,400
Speaker 13: have interfaces that work with each other, so when there

1065
00:49:31,440 --> 00:49:33,799
Speaker 13: are trade disputes, we keep working through the rules based

1066
00:49:33,800 --> 00:49:37,960
Speaker 13: system that we actually have an avenue for talking about

1067
00:49:37,960 --> 00:49:41,399
Speaker 13: trade and economics between those blocks as well. So we've

1068
00:49:41,440 --> 00:49:44,160
Speaker 13: actually will have both those trading dialogues as we call them,

1069
00:49:44,160 --> 00:49:45,600
Speaker 13: in place before the end of the year. And that

1070
00:49:45,680 --> 00:49:49,080
Speaker 13: came about because of what we were saying around tariffs.

1071
00:49:49,080 --> 00:49:51,719
Speaker 13: And it's not that, yes, we're managing our bilateral relationship

1072
00:49:51,760 --> 00:49:55,160
Speaker 13: with America around tariffs by and large fairly tidally, but

1073
00:49:55,239 --> 00:49:58,160
Speaker 13: it's actually the flow on effects of if you get

1074
00:49:58,239 --> 00:50:00,680
Speaker 13: other countries that are caught up in the tariff war

1075
00:50:00,719 --> 00:50:03,160
Speaker 13: with the US and then they end up dumping stock

1076
00:50:03,200 --> 00:50:05,400
Speaker 13: and then there's tit for tat tariffs, before you know,

1077
00:50:05,520 --> 00:50:07,200
Speaker 13: the whole system breaks down very quickly.

1078
00:50:07,360 --> 00:50:09,000
Speaker 2: But you're on the heart of that system. I mean,

1079
00:50:09,040 --> 00:50:12,239
Speaker 2: no one makes more sports. Guan, Vietnam, Cambodia, places like that.

1080
00:50:12,320 --> 00:50:13,960
Speaker 2: Are they deeply worried about what's going on?

1081
00:50:14,280 --> 00:50:16,520
Speaker 13: Yeah, yeah they are. I mean you would have seen

1082
00:50:16,560 --> 00:50:17,960
Speaker 13: even in the last twenty four hours a lot of

1083
00:50:18,000 --> 00:50:20,839
Speaker 13: the Southeast Asian countries that have surpluses.

1084
00:50:20,280 --> 00:50:21,400
Speaker 9: With the US like we do.

1085
00:50:21,680 --> 00:50:24,840
Speaker 13: We've got the lowest payment at fifteen percent. Many of

1086
00:50:24,880 --> 00:50:26,880
Speaker 13: them mic are up at you know, forty percent, you know,

1087
00:50:26,880 --> 00:50:29,680
Speaker 13: twenty to forty percent, So they've been trying to negotiate

1088
00:50:29,719 --> 00:50:32,160
Speaker 13: sort of into the lower twenties. But yes, many of

1089
00:50:32,160 --> 00:50:34,440
Speaker 13: them are incredibly worried about it. When I talked to

1090
00:50:34,440 --> 00:50:35,680
Speaker 13: them privately one on one.

1091
00:50:35,880 --> 00:50:38,120
Speaker 2: You talked about von de leayon last week before you

1092
00:50:38,160 --> 00:50:40,040
Speaker 2: got to where you are this morning, the EU meeting

1093
00:50:40,120 --> 00:50:42,759
Speaker 2: was here. Did that go well? And is that of

1094
00:50:42,880 --> 00:50:46,200
Speaker 2: material consequence? Are things improving with that particular part of

1095
00:50:46,200 --> 00:50:46,560
Speaker 2: the world.

1096
00:50:47,360 --> 00:50:50,239
Speaker 13: Yeah, it is, and partly because you know, historically with

1097
00:50:50,320 --> 00:50:52,560
Speaker 13: the UK and the EU, we've always banged on about

1098
00:50:52,560 --> 00:50:55,760
Speaker 13: our historical ties now like mindedness and all the historical

1099
00:50:55,760 --> 00:50:57,839
Speaker 13: stuff of world wars and all that sort of thing.

1100
00:50:58,400 --> 00:51:01,000
Speaker 13: But the reality is now with the FTA and our

1101
00:51:01,040 --> 00:51:03,520
Speaker 13: defense commitments, we've actually got quite a bit to propel

1102
00:51:03,560 --> 00:51:06,200
Speaker 13: the relationship going forward. So to give you a feel

1103
00:51:06,239 --> 00:51:08,360
Speaker 13: for it, our trade with the UK went up I

1104
00:51:08,400 --> 00:51:11,359
Speaker 13: think twenty percent. Our trade with the European Union has

1105
00:51:11,400 --> 00:51:14,440
Speaker 13: gone up twenty eight percent, So we've added two billion

1106
00:51:14,480 --> 00:51:17,480
Speaker 13: dollars since that FDA came into force, with brought in

1107
00:51:17,960 --> 00:51:20,839
Speaker 13: early on in our government accelerated entree, but it's about

1108
00:51:20,840 --> 00:51:23,279
Speaker 13: twenty one billion dollars worth of trade in Europe, so

1109
00:51:23,760 --> 00:51:25,240
Speaker 13: it's a very efficient.

1110
00:51:25,320 --> 00:51:26,000
Speaker 9: Vehicle for US.

1111
00:51:26,040 --> 00:51:29,360
Speaker 13: It's also great to have options available for many of

1112
00:51:29,360 --> 00:51:31,600
Speaker 13: our businesses that have got very very agile and moving

1113
00:51:31,600 --> 00:51:33,879
Speaker 13: out of one market into another market or shifting their

1114
00:51:33,880 --> 00:51:37,960
Speaker 13: weight and having more diversified markets to play, And it's

1115
00:51:37,960 --> 00:51:38,720
Speaker 13: been really important.

1116
00:51:38,960 --> 00:51:40,439
Speaker 2: By the time you get to apick it a little

1117
00:51:40,440 --> 00:51:42,760
Speaker 2: bit about the US and China, there's some sort of framework.

1118
00:51:43,560 --> 00:51:45,759
Speaker 2: I mean, yes, it's important globally, But are they going

1119
00:51:45,800 --> 00:51:47,880
Speaker 2: to steal the show?

1120
00:51:48,400 --> 00:51:50,279
Speaker 13: I think they will be. You know, that'll be a

1121
00:51:50,400 --> 00:51:54,400
Speaker 13: very dominant conversation. I spoke to Premier Lee of China

1122
00:51:54,719 --> 00:51:57,799
Speaker 13: this evening about it. They were feeling they had had

1123
00:51:57,840 --> 00:52:00,360
Speaker 13: some sort of you know, their secretaries and them misters

1124
00:52:00,400 --> 00:52:03,839
Speaker 13: have done some pre work to sort of calm things down.

1125
00:52:04,360 --> 00:52:06,520
Speaker 13: And for the world's two largest economies, you know, we

1126
00:52:06,560 --> 00:52:10,080
Speaker 13: actually all want them to de escalate and actually get

1127
00:52:10,120 --> 00:52:13,200
Speaker 13: to a better understanding of each other and to get

1128
00:52:13,400 --> 00:52:15,600
Speaker 13: get it sorted basically, so we don't have the chaos

1129
00:52:15,600 --> 00:52:18,799
Speaker 13: from the disruption that we've been experiencing. So it's in

1130
00:52:18,840 --> 00:52:21,080
Speaker 13: all of our collective interest that that's a positive conversation,

1131
00:52:21,239 --> 00:52:23,879
Speaker 13: which you know, all indications are that they have been

1132
00:52:23,920 --> 00:52:26,279
Speaker 13: working towards a framework that they think that they can

1133
00:52:26,480 --> 00:52:28,960
Speaker 13: get to a much more de escalated place which would

1134
00:52:28,960 --> 00:52:29,600
Speaker 13: be good for the world.

1135
00:52:29,719 --> 00:52:32,279
Speaker 2: And how much angst within your camp as to whether

1136
00:52:32,320 --> 00:52:33,520
Speaker 2: you get to meet Trump or not.

1137
00:52:35,320 --> 00:52:38,239
Speaker 13: Look, I mean, we'll see what happens. I mean, basically

1138
00:52:38,480 --> 00:52:43,840
Speaker 13: today has been a series of bilaterals with I think Vietnam, Cambodia, Thailand, Laos, India,

1139
00:52:44,280 --> 00:52:47,759
Speaker 13: and obviously Premier League in China, and then we've got

1140
00:52:47,760 --> 00:52:50,520
Speaker 13: more tomorrow here in KL and then there'll be from

1141
00:52:50,520 --> 00:52:52,440
Speaker 13: over a couple of days in Korea as well, so

1142
00:52:52,960 --> 00:52:55,160
Speaker 13: we'll see what happens. His schedule is pretty fluid, as

1143
00:52:55,200 --> 00:52:57,399
Speaker 13: you can see, he's jammed in quite a bit. He's

1144
00:52:57,400 --> 00:52:59,840
Speaker 13: come into KL, he's in left Ko, been in Japan

1145
00:52:59,880 --> 00:53:03,319
Speaker 13: to day I think tomorrow, then rocks into Korea and

1146
00:53:03,320 --> 00:53:05,279
Speaker 13: obviously if you even talk of whether you go to

1147
00:53:05,360 --> 00:53:07,200
Speaker 13: North Korea. I meet with Keim John and I've seen

1148
00:53:07,239 --> 00:53:09,719
Speaker 13: a new media reports this evening, so we'll just see

1149
00:53:09,719 --> 00:53:11,160
Speaker 13: where it all gets to and what happens.

1150
00:53:11,360 --> 00:53:13,840
Speaker 2: A couple of domestic issues Rabshanka, the new CEO of

1151
00:53:13,880 --> 00:53:15,840
Speaker 2: the in New Zealand, was on the program last week.

1152
00:53:16,120 --> 00:53:19,080
Speaker 2: He started talking about subsidizing certain routes, you know, the

1153
00:53:19,160 --> 00:53:21,279
Speaker 2: roots that aren't well serviced by in New Zealand. As

1154
00:53:21,280 --> 00:53:23,759
Speaker 2: a major shareholder, one is the government, but two as

1155
00:53:23,760 --> 00:53:27,399
Speaker 2: a major shareholder, are you into that at all or not?

1156
00:53:27,400 --> 00:53:27,480
Speaker 8: Not?

1157
00:53:27,600 --> 00:53:27,880
Speaker 10: Really?

1158
00:53:28,320 --> 00:53:30,280
Speaker 13: I really wanted in New Zealand to focused on building

1159
00:53:30,520 --> 00:53:32,760
Speaker 13: a better business, you know, and that means get focused

1160
00:53:32,760 --> 00:53:36,480
Speaker 13: on your costs, your customer, your commercials and the culture

1161
00:53:36,560 --> 00:53:38,920
Speaker 13: you know, and get those things right and do everything

1162
00:53:38,960 --> 00:53:41,280
Speaker 13: you can to control that that part of the business

1163
00:53:41,840 --> 00:53:44,279
Speaker 13: with respect to subsidies. Frankly, you know that's dollars that

1164
00:53:44,320 --> 00:53:47,080
Speaker 13: we then are not spending on hospitals or schools. And

1165
00:53:47,400 --> 00:53:50,120
Speaker 13: such a pretty simple choice for me. So my message

1166
00:53:50,120 --> 00:53:52,400
Speaker 13: back to then would be in New Zealand, you know,

1167
00:53:52,560 --> 00:53:56,040
Speaker 13: keep working your own cost base over your commercials, your

1168
00:53:56,040 --> 00:53:59,560
Speaker 13: customer experience and obviously your new culture inside the business.

1169
00:53:59,680 --> 00:54:02,000
Speaker 2: And you've Foreign Minister was at the Oxford Union and

1170
00:54:02,040 --> 00:54:04,839
Speaker 2: he said the courts in New Zealand are undermining democracy?

1171
00:54:05,000 --> 00:54:05,480
Speaker 2: Is he right?

1172
00:54:07,480 --> 00:54:07,600
Speaker 17: Oh?

1173
00:54:07,719 --> 00:54:10,000
Speaker 13: I wouldn't I wouldn't go wouldn't go that far. Myself

1174
00:54:10,120 --> 00:54:12,200
Speaker 13: to say that myself, I think we've got good commedy

1175
00:54:12,200 --> 00:54:14,160
Speaker 13: between the courts and government. I think it's important that

1176
00:54:14,200 --> 00:54:17,040
Speaker 13: we do. I know he's arguing in his New Zealand

1177
00:54:17,080 --> 00:54:20,720
Speaker 13: first capacity at that debate, but no, I'd probably disagree

1178
00:54:20,760 --> 00:54:22,320
Speaker 13: with him. We've got, you know, where we are. We

1179
00:54:22,440 --> 00:54:25,880
Speaker 13: know Parliament and law made in parliament a supreme and

1180
00:54:25,880 --> 00:54:27,920
Speaker 13: that's where you've seen us. Where we've been, we've had

1181
00:54:27,960 --> 00:54:30,800
Speaker 13: adverse court decisions or we felt felt that thresholds have

1182
00:54:30,880 --> 00:54:33,560
Speaker 13: been lowered and the intent of what Parliament intended has

1183
00:54:33,600 --> 00:54:35,880
Speaker 13: been changed, then we end up going back and passing

1184
00:54:36,000 --> 00:54:37,279
Speaker 13: legislation to lock that in again.

1185
00:54:37,320 --> 00:54:40,560
Speaker 2: All right, appreciate your time, Christopert, Sleep well forris the

1186
00:54:40,600 --> 00:54:43,480
Speaker 2: reluxant out of Ascian ahead of APEC. Come back to

1187
00:54:43,520 --> 00:54:47,799
Speaker 2: the CGT. The CGT it appears to me already to

1188
00:54:47,920 --> 00:54:50,120
Speaker 2: be blowing up in the Labor Party's face more than

1189
00:54:50,160 --> 00:54:50,479
Speaker 2: a moment.

1190
00:54:50,600 --> 00:54:55,080
Speaker 1: Seven five Good The Mike Asking Breakfast, a full show

1191
00:54:55,120 --> 00:54:58,600
Speaker 1: podcast on iHeartRadio powered by News Talks at be.

1192
00:55:00,320 --> 00:55:03,440
Speaker 2: Right, O, sir, here's sheit. I don't even know why

1193
00:55:03,480 --> 00:55:07,160
Speaker 2: I waded into this this morning. So the capital gains tax,

1194
00:55:07,719 --> 00:55:10,880
Speaker 2: this is what the Labor Party says not me. Targeted

1195
00:55:10,920 --> 00:55:15,440
Speaker 2: capital gains tax on the profit made after one July

1196
00:55:15,600 --> 00:55:20,440
Speaker 2: twenty twenty seven, on the profit made after, So your

1197
00:55:20,440 --> 00:55:23,040
Speaker 2: profit is made after Now you can take that two ways.

1198
00:55:23,040 --> 00:55:26,239
Speaker 2: Of course, you can take it doesn't matter when you

1199
00:55:26,440 --> 00:55:32,200
Speaker 2: purchase the property. Anything from July one forwards is the

1200
00:55:32,239 --> 00:55:34,560
Speaker 2: profit that's taxed. Or you can equally take it to

1201
00:55:34,640 --> 00:55:37,520
Speaker 2: mean that when you go to sell post July i e.

1202
00:55:37,600 --> 00:55:40,200
Speaker 2: When the law changes. So on the second of July,

1203
00:55:40,239 --> 00:55:42,160
Speaker 2: if you happen to sell your house, whatever profit you've

1204
00:55:42,160 --> 00:55:45,200
Speaker 2: made on your property, you will be taxed at. Now

1205
00:55:45,200 --> 00:55:48,160
Speaker 2: if you accept, as some people appear to be doing that,

1206
00:55:48,239 --> 00:55:52,520
Speaker 2: the law starts July one, and therefore everything begins joly

1207
00:55:52,719 --> 00:55:55,840
Speaker 2: one you would need and we've got this from Hepkin's office.

1208
00:55:56,480 --> 00:55:59,320
Speaker 2: They're calling it valuation day. Now. Of course, there is

1209
00:55:59,360 --> 00:56:02,160
Speaker 2: no such thing as valuation day unless they're going to

1210
00:56:02,160 --> 00:56:04,640
Speaker 2: individually value every single house in this country, which of

1211
00:56:04,640 --> 00:56:07,480
Speaker 2: course they're not going to do so. According to them,

1212
00:56:07,560 --> 00:56:09,480
Speaker 2: on the first of July, your house is going to

1213
00:56:09,520 --> 00:56:13,440
Speaker 2: be worth something. Now who decides that is open to

1214
00:56:13,480 --> 00:56:16,840
Speaker 2: some interpretation this morning, and where I'm personally no clearer.

1215
00:56:16,880 --> 00:56:19,880
Speaker 2: They're saying it's the council, it's the RV, it's the

1216
00:56:19,920 --> 00:56:23,280
Speaker 2: CV or the RV. Now we all know what CV's

1217
00:56:23,280 --> 00:56:25,960
Speaker 2: and RVs mean, and the answer is, broadly speaking, nothing.

1218
00:56:26,400 --> 00:56:28,200
Speaker 2: And you can go and argue with your counsel in

1219
00:56:28,280 --> 00:56:30,120
Speaker 2: go and get it adjusted up and down, depending on

1220
00:56:30,160 --> 00:56:33,040
Speaker 2: your own individual circumstances. But that appears to be what

1221
00:56:33,080 --> 00:56:36,080
Speaker 2: they're arguing. So you will need to go on the

1222
00:56:36,120 --> 00:56:39,280
Speaker 2: first of July to get a valuation for your property,

1223
00:56:39,719 --> 00:56:42,480
Speaker 2: because as sure as night follows day in seven years time,

1224
00:56:42,520 --> 00:56:45,200
Speaker 2: when you go to sell your house, when you're retrospectively

1225
00:56:45,239 --> 00:56:47,320
Speaker 2: looking for evaluation and want to adjust it because you

1226
00:56:47,320 --> 00:56:49,879
Speaker 2: didn't think it was appropriate at the time, you're going

1227
00:56:49,960 --> 00:56:53,080
Speaker 2: to be out of luck. So everyone's going to need

1228
00:56:53,120 --> 00:56:54,879
Speaker 2: to value their house on the first of July twenty

1229
00:56:54,920 --> 00:56:57,799
Speaker 2: twenty seven, according to the Labor Party, and it's from

1230
00:56:57,840 --> 00:57:00,279
Speaker 2: that point on. If you then sell your house a

1231
00:57:00,320 --> 00:57:03,480
Speaker 2: week later, the chances are there'll be no material difference

1232
00:57:03,480 --> 00:57:05,040
Speaker 2: in the value of your house. Therefore there will be

1233
00:57:05,040 --> 00:57:07,160
Speaker 2: no tax to pay. If in a year's time your

1234
00:57:07,160 --> 00:57:08,879
Speaker 2: house has gone up ten percent and it's gone from

1235
00:57:08,880 --> 00:57:11,200
Speaker 2: a million to say one point one million dollars, you'll

1236
00:57:11,200 --> 00:57:14,319
Speaker 2: pay tax on one hundred thousand dollars. That's as far

1237
00:57:14,400 --> 00:57:17,600
Speaker 2: as I can work out how it's going to work.

1238
00:57:17,760 --> 00:57:23,120
Speaker 2: But having talked to Hipkin's office, I don't believe they

1239
00:57:23,280 --> 00:57:26,720
Speaker 2: understand what they've announced and what they require of us

1240
00:57:27,160 --> 00:57:31,040
Speaker 2: to specifically ascertain what the value of our house is

1241
00:57:31,880 --> 00:57:35,080
Speaker 2: on the first of July, and given most people won't

1242
00:57:35,120 --> 00:57:38,280
Speaker 2: do that, there's going to be all hell to pay

1243
00:57:38,320 --> 00:57:40,480
Speaker 2: when we do get around to selling our property and

1244
00:57:40,520 --> 00:57:42,240
Speaker 2: then all of a sudden they're going to tax us

1245
00:57:42,240 --> 00:57:44,360
Speaker 2: on something that we didn't realize we were being taxed

1246
00:57:44,400 --> 00:57:46,920
Speaker 2: on because we didn't know the value on day one.

1247
00:57:48,040 --> 00:57:51,160
Speaker 2: Does that make sense? Welcome to the Labor Party eight

1248
00:57:51,200 --> 00:57:51,720
Speaker 2: to eight.

1249
00:57:52,480 --> 00:57:55,560
Speaker 3: The make Asking Breakfast. We're the defender and use Tom's

1250
00:57:55,560 --> 00:57:55,840
Speaker 3: dead b.

1251
00:57:56,280 --> 00:57:58,680
Speaker 2: What we haven't reported on this morning is Kupa Ky's

1252
00:57:58,680 --> 00:58:00,760
Speaker 2: been or going to be suspended on the Mari Party.

1253
00:58:00,760 --> 00:58:02,280
Speaker 2: I'm not sure how that works. I mean, you can

1254
00:58:02,320 --> 00:58:07,000
Speaker 2: suspend somebody from the party. You can't suspend her as

1255
00:58:07,000 --> 00:58:09,640
Speaker 2: an MP because of course she's locally elected MP, so

1256
00:58:09,720 --> 00:58:12,520
Speaker 2: she remains the MP. But she's suspended from the party.

1257
00:58:12,640 --> 00:58:14,920
Speaker 2: So does she remain the local MP for the party

1258
00:58:15,000 --> 00:58:18,080
Speaker 2: or does she just and does she pay CGT on

1259
00:58:18,160 --> 00:58:22,959
Speaker 2: that or not? Wanting Mike disappointing into the Mexican Grand

1260
00:58:22,960 --> 00:58:26,440
Speaker 2: Prix really unnecessary yellow flags for Starping was rapidly clatching well,

1261
00:58:26,440 --> 00:58:28,240
Speaker 2: he was more than rapidly catching the clear. He was

1262
00:58:28,240 --> 00:58:31,720
Speaker 2: about to overtake him. Pstre's freaking out. If you ever

1263
00:58:31,760 --> 00:58:34,480
Speaker 2: want a good insight into the mind games of F one,

1264
00:58:34,600 --> 00:58:36,680
Speaker 2: have a look at Piastre. So it's Pstre's car the

1265
00:58:36,720 --> 00:58:39,840
Speaker 2: same as Norris's car. Yes, is Norris winning by a

1266
00:58:39,840 --> 00:58:42,360
Speaker 2: long way? Yes? Why isn't Piastre up where Norris is?

1267
00:58:42,400 --> 00:58:45,280
Speaker 2: Because he's freaking out and he's getting nervous, and because

1268
00:58:45,280 --> 00:58:47,680
Speaker 2: he's younger and less experienced, he's not handling things well

1269
00:58:47,720 --> 00:58:50,920
Speaker 2: and he pretty much admitted as much yesterday. Beerman did

1270
00:58:50,960 --> 00:58:55,080
Speaker 2: extremely well. But the points race is on and if

1271
00:58:55,080 --> 00:58:58,120
Speaker 2: the step and gets there, or even if this comes

1272
00:58:58,120 --> 00:59:01,080
Speaker 2: down to the final race, which it would appeaar that

1273
00:59:01,200 --> 00:59:04,240
Speaker 2: it may well do, this will be one of the

1274
00:59:04,360 --> 00:59:07,919
Speaker 2: great seasons of all time. And what started out as oh, yeah,

1275
00:59:07,920 --> 00:59:10,080
Speaker 2: they're just going to run away with it is no

1276
00:59:10,200 --> 00:59:12,880
Speaker 2: longer the case, and so Verstappen could well be aiming

1277
00:59:12,920 --> 00:59:16,520
Speaker 2: for his fifth and realistically gaining his fifth while Piastre

1278
00:59:16,600 --> 00:59:19,160
Speaker 2: and Norris, who were the sole story in the game.

1279
00:59:19,200 --> 00:59:21,240
Speaker 2: In other words, is it Piastre, is it Norris?

1280
00:59:21,280 --> 00:59:21,440
Speaker 10: Is at?

1281
00:59:21,520 --> 00:59:23,840
Speaker 2: Norris? Is at Piastre? Let's have a game between and

1282
00:59:23,920 --> 00:59:25,880
Speaker 2: Papaya rules and all the other nonsense we spent a

1283
00:59:25,920 --> 00:59:28,640
Speaker 2: couple of weeks talking about. None of it may matter

1284
00:59:29,000 --> 00:59:30,720
Speaker 2: if we come down to the final race in the

1285
00:59:30,760 --> 00:59:34,439
Speaker 2: Middle East and you've got the calculation going in if

1286
00:59:34,520 --> 00:59:37,320
Speaker 2: Verstapen wins, or Norris comes third, or Piastre comes first

1287
00:59:37,360 --> 00:59:39,080
Speaker 2: and Verstappen comes second. If you've got that sort of

1288
00:59:39,080 --> 00:59:41,000
Speaker 2: calculation going into the final race, I mean, that's going

1289
00:59:41,040 --> 00:59:42,360
Speaker 2: to be one of the great ones of all time.

1290
00:59:42,440 --> 00:59:44,600
Speaker 2: Isn't it? Right question for you? Ahead of the lads

1291
00:59:44,640 --> 00:59:47,480
Speaker 2: in the commentary box? What's the biggest story? What's exercised

1292
00:59:47,520 --> 00:59:50,240
Speaker 2: you more over the weekend of thinking about sport? Was

1293
00:59:50,240 --> 00:59:53,000
Speaker 2: it the reinstatement of Nolan Tarrul which must be surely

1294
00:59:53,040 --> 00:59:55,360
Speaker 2: the prize when they should have a Hellberg Award for

1295
00:59:55,400 --> 00:59:58,040
Speaker 2: the biggest sporting cock up of the year, because that's

1296
00:59:58,040 --> 01:00:00,200
Speaker 2: a laid down Massira. I would have thought, is that

1297
01:00:00,240 --> 01:00:02,880
Speaker 2: the biggest story was Joe Parker's defeat from nowhere the

1298
01:00:02,920 --> 01:00:06,560
Speaker 2: biggest story in the prospects of title fights? Or was

1299
01:00:06,560 --> 01:00:09,520
Speaker 2: it the Canterbury in PC when Nut knew that was

1300
01:00:09,520 --> 01:00:11,560
Speaker 2: going to happen? Didn't we news for you? And then

1301
01:00:11,560 --> 01:00:13,560
Speaker 2: we'll get into the sport near a news talk.

1302
01:00:13,400 --> 01:00:19,720
Speaker 1: Seed asking the questions others won't the mic asking Breakfast

1303
01:00:19,800 --> 01:00:24,080
Speaker 1: with Vita, retirement communities, life your Way, news talks.

1304
01:00:23,840 --> 01:00:28,680
Speaker 2: Head Bes, Sprung Room, it is no.

1305
01:00:30,480 --> 01:00:38,000
Speaker 18: Run commotion, Apollo plates Cannibal into the tenure and Apollo

1306
01:00:38,160 --> 01:00:40,560
Speaker 18: Projects Stadium as champion.

1307
01:00:40,720 --> 01:00:44,760
Speaker 3: The ports celebrate Jesse Randall's goal is enough for the

1308
01:00:44,800 --> 01:00:46,360
Speaker 3: home team full.

1309
01:00:46,160 --> 01:00:50,920
Speaker 14: Time here and Joe Media Stadium, AUTORNIFC one Western Sydney

1310
01:00:50,920 --> 01:00:58,680
Speaker 14: wander Reserve, the Yellow Fever celebrate at first went that

1311
01:00:58,960 --> 01:01:03,120
Speaker 14: Sky Stadium and fifteen matches, one bounce of events and

1312
01:01:03,240 --> 01:01:07,080
Speaker 14: Daryl Mitchell, who was so qualified he was needed to

1313
01:01:07,120 --> 01:01:10,160
Speaker 14: fight for New Zealand today as wickets when and deficult

1314
01:01:10,160 --> 01:01:10,840
Speaker 14: conditions and.

1315
01:01:10,800 --> 01:01:11,800
Speaker 3: He got them through.

1316
01:01:13,480 --> 01:01:14,000
Speaker 2: Morning Mike.

1317
01:01:14,120 --> 01:01:17,880
Speaker 1: For me, Monday Morning Commentary, Barks with spears, fight ads,

1318
01:01:17,920 --> 01:01:20,760
Speaker 1: smart ass and equipment, fight adds for Kiwi businesses.

1319
01:01:21,520 --> 01:01:23,440
Speaker 2: For me, it was the Dodgers winning Game two of

1320
01:01:23,480 --> 01:01:26,840
Speaker 2: the World Series and Yamamoto having a second complete game

1321
01:01:26,880 --> 01:01:28,640
Speaker 2: in the playoffs. It's a very good point. I've forgotten

1322
01:01:28,640 --> 01:01:30,440
Speaker 2: about that because I happened to catch a little bit

1323
01:01:30,440 --> 01:01:31,880
Speaker 2: of that and I was very pleased because the Blue

1324
01:01:31,960 --> 01:01:35,680
Speaker 2: Jays won the first game, and I thought, ah, that's

1325
01:01:35,720 --> 01:01:37,840
Speaker 2: good because otherwise the Dodge is going to be a whitewash.

1326
01:01:37,880 --> 01:01:40,800
Speaker 2: So Game three is tomorrow. Andrew Sevel's with us along

1327
01:01:40,800 --> 01:01:44,560
Speaker 2: with Jason Pine. Morning to both of you. Morning home, Mike, Jason,

1328
01:01:44,720 --> 01:01:52,040
Speaker 2: can you explain to us please labour's capital gains tax policy?

1329
01:01:52,160 --> 01:01:54,880
Speaker 19: You have come to the wrong man for that, Mike guy,

1330
01:01:55,680 --> 01:01:56,240
Speaker 19: I would.

1331
01:01:56,040 --> 01:01:58,880
Speaker 2: Say, okay, you're able to help us out.

1332
01:01:59,040 --> 01:01:59,280
Speaker 10: Sev.

1333
01:01:59,600 --> 01:02:04,040
Speaker 7: No, geez, you're on a tea today, aren't you. No.

1334
01:02:05,600 --> 01:02:09,520
Speaker 2: No, If I bought a house in nineteen eighty seven.

1335
01:02:11,840 --> 01:02:14,160
Speaker 7: On the list of things I've done over labor weekend,

1336
01:02:14,240 --> 01:02:17,080
Speaker 7: that was or would be right at the.

1337
01:02:17,640 --> 01:02:19,960
Speaker 2: Fair enough to actually tell you what I did enjoy

1338
01:02:20,040 --> 01:02:21,880
Speaker 2: enough ago. I almost forgot about that as well, because

1339
01:02:21,880 --> 01:02:23,480
Speaker 2: of long weekends. It's you know, it's all a bit

1340
01:02:23,480 --> 01:02:26,040
Speaker 2: of a haze. Did either of you see the supercars

1341
01:02:26,040 --> 01:02:26,680
Speaker 2: at Gold Coast?

1342
01:02:27,960 --> 01:02:29,080
Speaker 10: A little bits of it that?

1343
01:02:29,360 --> 01:02:30,320
Speaker 19: Yeah, I didn't really.

1344
01:02:30,960 --> 01:02:35,280
Speaker 2: As a street circuit and carnage on a card. There's nothing.

1345
01:02:35,320 --> 01:02:37,000
Speaker 2: I don't think there's a circuit in the world that

1346
01:02:37,040 --> 01:02:39,560
Speaker 2: beats that. It's the amount of you know, the line

1347
01:02:39,600 --> 01:02:44,800
Speaker 2: between brilliance and complete disaster is so fine, it's unbelievable.

1348
01:02:44,800 --> 01:02:46,560
Speaker 2: I thought that was just thrilling set.

1349
01:02:47,240 --> 01:02:50,400
Speaker 7: Good crowd, very hot. I say, love, gee, what a

1350
01:02:50,440 --> 01:02:54,280
Speaker 7: what a huge sporting weekend. I love the Samula Tonga

1351
01:02:54,680 --> 01:02:58,480
Speaker 7: rugby league game on Sunday that was outstanding yea. And

1352
01:02:58,560 --> 01:03:00,600
Speaker 7: looking forward to the Kiwis when they take on Tong

1353
01:03:00,680 --> 01:03:01,320
Speaker 7: of this weekend.

1354
01:03:01,400 --> 01:03:04,400
Speaker 2: So it's just like the unfortunate thing about that contest though,

1355
01:03:04,440 --> 01:03:06,480
Speaker 2: isn't it, because if we need to win and if

1356
01:03:06,520 --> 01:03:09,560
Speaker 2: we lose by eighteen, it's like the Labor Party CGT tax. Actually,

1357
01:03:09,720 --> 01:03:13,560
Speaker 2: I can't work out what the calculation is for the

1358
01:03:13,600 --> 01:03:15,360
Speaker 2: other side to get into that fight.

1359
01:03:15,680 --> 01:03:19,760
Speaker 7: Just think about winning, Mike, don't think about the calculationss.

1360
01:03:19,840 --> 01:03:21,200
Speaker 7: Just think about winning, mate.

1361
01:03:21,080 --> 01:03:24,560
Speaker 2: Okay, Right, So to the question, then, Jason, the biggest

1362
01:03:24,600 --> 01:03:26,600
Speaker 2: story for you is Joe Parker. And I'm going to

1363
01:03:26,600 --> 01:03:30,040
Speaker 2: add a third actually because Joe Parker and his loss,

1364
01:03:30,680 --> 01:03:33,960
Speaker 2: the reinstatement of Nolin Tarua or the betting scandal in

1365
01:03:34,000 --> 01:03:35,640
Speaker 2: the NBA.

1366
01:03:36,640 --> 01:03:40,920
Speaker 20: It's Parker for me because of the repercussions of his loss.

1367
01:03:41,840 --> 01:03:45,360
Speaker 20: I'm completely over the netball Mike. I understand now that

1368
01:03:45,360 --> 01:03:47,320
Speaker 20: there's been a resolution, we have to unpack that, but

1369
01:03:47,920 --> 01:03:53,480
Speaker 20: what an utter shambles, a complete chamozzle of management and

1370
01:03:54,640 --> 01:03:57,600
Speaker 20: everything that's gone with it. For Parker, I thought it

1371
01:03:57,640 --> 01:03:59,600
Speaker 20: was a really good fight and if it had gone

1372
01:03:59,600 --> 01:04:03,000
Speaker 20: the distance, he probably would have won it. But Wardley

1373
01:04:03,080 --> 01:04:06,080
Speaker 20: knew at the end that he was probably behind, had

1374
01:04:06,120 --> 01:04:07,160
Speaker 20: to come up with with.

1375
01:04:07,360 --> 01:04:09,760
Speaker 19: A big tenth and eleventh round.

1376
01:04:10,400 --> 01:04:12,600
Speaker 20: I I you know, people say it's a gamble and

1377
01:04:12,680 --> 01:04:14,440
Speaker 20: didn't pay off. For Joe Parker, he didn't have to

1378
01:04:14,480 --> 01:04:17,040
Speaker 20: fight Warter. He could have just waited. He wanted to fight.

1379
01:04:17,480 --> 01:04:19,320
Speaker 20: Spokes made him on the air a couple of weeks ago.

1380
01:04:19,320 --> 01:04:21,560
Speaker 20: He wanted to fight, and good on him for doing it.

1381
01:04:21,560 --> 01:04:24,360
Speaker 20: It has backfight and that now he goes back a

1382
01:04:24,400 --> 01:04:25,800
Speaker 20: step and where to now?

1383
01:04:25,840 --> 01:04:28,880
Speaker 19: But for me, the yeah, the Parker fight on what

1384
01:04:28,920 --> 01:04:29,240
Speaker 19: about you?

1385
01:04:29,280 --> 01:04:30,919
Speaker 2: Sem Yeah?

1386
01:04:30,920 --> 01:04:33,880
Speaker 7: Probably Parker, Mike. Look with the net boy, I just

1387
01:04:33,880 --> 01:04:37,520
Speaker 7: think they've succumbed to public pressure, haven't they? Well fly

1388
01:04:37,640 --> 01:04:40,040
Speaker 7: gone that's when we sat around a table and gone, gee, guys,

1389
01:04:40,080 --> 01:04:40,400
Speaker 7: we're not.

1390
01:04:40,320 --> 01:04:50,400
Speaker 12: Looking good out of this.

1391
01:04:45,720 --> 01:04:48,200
Speaker 2: This week thing. To work that out, do you well?

1392
01:04:48,240 --> 01:04:50,320
Speaker 7: And I thought she would have been reinstated for this

1393
01:04:50,440 --> 01:04:51,480
Speaker 7: Northern two coming.

1394
01:04:51,360 --> 01:04:53,280
Speaker 10: Up and leaving in a couple of weeks.

1395
01:04:53,080 --> 01:04:55,520
Speaker 2: What I said, I just don't get any of this.

1396
01:04:55,640 --> 01:04:57,600
Speaker 2: And as for this, I'm watching them over the weeking

1397
01:04:57,680 --> 01:04:59,480
Speaker 2: saying we haven't we hadn't talked about this as a

1398
01:04:59,480 --> 01:05:01,800
Speaker 2: collective yet. I'm thinking, what's the matter with the sport?

1399
01:05:02,160 --> 01:05:04,520
Speaker 2: I mean, you're honestly telling me in the locker room

1400
01:05:04,960 --> 01:05:07,880
Speaker 2: that they're not going. Oh Nolean's back. Oh I hate her.

1401
01:05:08,000 --> 01:05:11,080
Speaker 2: No you don't, Yes you do, No, you don't. That

1402
01:05:11,200 --> 01:05:12,880
Speaker 2: must be all they talk about.

1403
01:05:13,480 --> 01:05:15,520
Speaker 7: I wonder how close she was to saying, you know what,

1404
01:05:15,720 --> 01:05:19,520
Speaker 7: stick it, I'll see you later. But she obviously wants

1405
01:05:19,560 --> 01:05:22,800
Speaker 7: to coach this team. She obviously wants to wants to

1406
01:05:22,840 --> 01:05:25,000
Speaker 7: carry on and aim for more success at calm games,

1407
01:05:25,000 --> 01:05:29,360
Speaker 7: et cetera, et cetera. And yeah, again, I just look,

1408
01:05:29,440 --> 01:05:32,560
Speaker 7: everyone's been mounting criticism and pressure on netballans, you know,

1409
01:05:33,000 --> 01:05:34,000
Speaker 7: I just think they've given in.

1410
01:05:34,240 --> 01:05:36,520
Speaker 20: Yeah, but I think it's it's justified, though, wasn't it,

1411
01:05:36,520 --> 01:05:39,720
Speaker 20: because we've had nothing from them. There's been absolutely no

1412
01:05:39,880 --> 01:05:43,280
Speaker 20: transparency at all. Mike, What on earth have they been

1413
01:05:43,320 --> 01:05:45,480
Speaker 20: doing for the last two months when they stood Dame

1414
01:05:45,560 --> 01:05:48,520
Speaker 20: Nolene down. We've got to the point now where they've

1415
01:05:48,560 --> 01:05:51,560
Speaker 20: reinstated her. As I understand it, Dame nolean doesn't even

1416
01:05:51,600 --> 01:05:54,840
Speaker 20: know the full extent of the allegations against her, because

1417
01:05:55,120 --> 01:05:58,280
Speaker 20: if she was told, that would reveal the identity of

1418
01:05:58,320 --> 01:06:01,160
Speaker 20: those who had the issue. So she's left somewhat in

1419
01:06:01,200 --> 01:06:03,240
Speaker 20: the dark as well. Seems right she could see, you

1420
01:06:03,280 --> 01:06:04,720
Speaker 20: know what, I'll go do something else.

1421
01:06:05,880 --> 01:06:07,440
Speaker 2: There's a problem. There's a problem with that. But I

1422
01:06:07,440 --> 01:06:09,760
Speaker 2: mean what I also understand, correct me, either of you

1423
01:06:09,840 --> 01:06:12,320
Speaker 2: if I'm wrong, is that that in doing the investigation

1424
01:06:12,440 --> 01:06:16,480
Speaker 2: they found nothing to see. So obviously it was a

1425
01:06:16,520 --> 01:06:18,680
Speaker 2: series of accusations by some people who didn't like the

1426
01:06:18,680 --> 01:06:21,880
Speaker 2: way they were treated. They looked at it found nothing. Therefore,

1427
01:06:21,960 --> 01:06:23,680
Speaker 2: you could I mean, what was the point of that

1428
01:06:23,720 --> 01:06:26,720
Speaker 2: particular exercise? Why do you stand somebody down while you're investigating.

1429
01:06:26,720 --> 01:06:28,640
Speaker 2: Why don't you investigate and work out whether there's a

1430
01:06:28,680 --> 01:06:30,600
Speaker 2: problem or not, and if there isn't a problem, then

1431
01:06:30,640 --> 01:06:31,320
Speaker 2: you carry on.

1432
01:06:32,000 --> 01:06:33,960
Speaker 7: And so what you're saying is, if you're in her shoes,

1433
01:06:34,040 --> 01:06:35,880
Speaker 7: Dame no Leane, would you be entitled to have a

1434
01:06:35,920 --> 01:06:36,960
Speaker 7: crack at Netbull and Zip.

1435
01:06:39,280 --> 01:06:41,960
Speaker 2: Her career and reputation has been put into question.

1436
01:06:42,600 --> 01:06:45,000
Speaker 7: Yeah, exactly, But she clearly is the bigger person just

1437
01:06:45,040 --> 01:06:46,600
Speaker 7: wants to get back with the team and carry on.

1438
01:06:47,040 --> 01:06:49,520
Speaker 2: But the difficulty in your scenario is if you get

1439
01:06:49,520 --> 01:06:51,360
Speaker 2: stood down the way she was and then go look,

1440
01:06:51,400 --> 01:06:54,240
Speaker 2: I don't need you guys, get lost, you then leave

1441
01:06:54,360 --> 01:06:57,480
Speaker 2: under a cloud because that people would inevitably go, oh yeah,

1442
01:06:57,520 --> 01:07:00,440
Speaker 2: bitch you there really was something and that's why she left,

1443
01:07:00,440 --> 01:07:02,240
Speaker 2: and you don't want that if there is nothing. Listen

1444
01:07:02,280 --> 01:07:05,040
Speaker 2: brief break More in a Moment thirteen past.

1445
01:07:04,600 --> 01:07:08,560
Speaker 1: The Mike Hosking Breakfast Full Show podcast on iHeart Radio

1446
01:07:08,800 --> 01:07:10,000
Speaker 1: powered by News Talk.

1447
01:07:09,920 --> 01:07:13,000
Speaker 2: Zippi News Talks at Me sixteen past eight.

1448
01:07:13,720 --> 01:07:17,520
Speaker 1: The Monday morning commentary Barks with Spears, Fight Ads, smart

1449
01:07:17,520 --> 01:07:20,480
Speaker 1: Ass and Equipment Fight adds for Kiwi Businesses.

1450
01:07:20,280 --> 01:07:24,080
Speaker 2: Quick Word on the NPC Good Crowd, Jason and the

1451
01:07:24,160 --> 01:07:26,320
Speaker 2: Right Team won and all in all, as far as

1452
01:07:26,400 --> 01:07:29,760
Speaker 2: NPC Rugby goes, it seemed like a half decent season

1453
01:07:29,760 --> 01:07:30,280
Speaker 2: to me, didn't it?

1454
01:07:30,680 --> 01:07:31,520
Speaker 19: Yeah?

1455
01:07:31,520 --> 01:07:34,560
Speaker 20: No, good season. Yeah and yeah, the MPC is deed

1456
01:07:34,680 --> 01:07:38,000
Speaker 20: argument seemed to be put to bed on Saturday. Great crowd.

1457
01:07:38,040 --> 01:07:40,960
Speaker 20: Tom Christy goes out of winner. He's been wonderful for Canterbury.

1458
01:07:41,040 --> 01:07:44,080
Speaker 19: Thought it. Tiger gave pretty good acount of themselves. Yeah,

1459
01:07:44,320 --> 01:07:47,600
Speaker 19: a good season. Well done to those in red and black.

1460
01:07:47,920 --> 01:07:48,360
Speaker 10: Yeah.

1461
01:07:48,480 --> 01:07:48,720
Speaker 9: Great.

1462
01:07:49,000 --> 01:07:51,480
Speaker 2: It was a great atmosphere, Mike was it wasn't memories

1463
01:07:51,480 --> 01:07:54,480
Speaker 2: of Twitter but breezy but a sunny day.

1464
01:07:54,600 --> 01:07:58,480
Speaker 7: You think it was sold out? Shames Rotargo because I'd

1465
01:07:58,520 --> 01:08:01,040
Speaker 7: played some fantastic footy o season and hadn't won it

1466
01:08:01,080 --> 01:08:03,560
Speaker 7: for what twenty eight thirty years. The good news for

1467
01:08:03,600 --> 01:08:06,400
Speaker 7: them is I think, yes, Super Rugby is a step up,

1468
01:08:06,400 --> 01:08:09,120
Speaker 7: but I think you'll see a much improved Highland As

1469
01:08:09,160 --> 01:08:13,720
Speaker 7: team because of that next year under Jamie Joseph. Back

1470
01:08:13,760 --> 01:08:16,120
Speaker 7: to Parker, Mike, and the problem for him is that

1471
01:08:17,360 --> 01:08:20,600
Speaker 7: if this was the UFC, because UFC controls will be fighters,

1472
01:08:20,800 --> 01:08:24,200
Speaker 7: he'd be fighting in five or six months again against

1473
01:08:24,600 --> 01:08:26,479
Speaker 7: you know, maybe one, two or three in the world

1474
01:08:26,560 --> 01:08:29,280
Speaker 7: or so, you know, somewhere along those lines. But because

1475
01:08:29,280 --> 01:08:31,559
Speaker 7: this is boxing, it could well take a long time

1476
01:08:31,640 --> 01:08:33,840
Speaker 7: if he wants to carry on. It sounds like it does.

1477
01:08:34,360 --> 01:08:36,240
Speaker 7: It could take a long time for him to get

1478
01:08:36,240 --> 01:08:38,519
Speaker 7: back into any sort of position to have a crack

1479
01:08:38,600 --> 01:08:40,559
Speaker 7: at one of the one of them.

1480
01:08:41,600 --> 01:08:44,400
Speaker 2: I saw his press conference. He said, what I like

1481
01:08:44,439 --> 01:08:47,800
Speaker 2: about him these days is he's so engaging. I mean

1482
01:08:47,840 --> 01:08:50,000
Speaker 2: he turned out with his black eye and his swollen

1483
01:08:50,120 --> 01:08:53,200
Speaker 2: head and his hoody on, and but he was it

1484
01:08:53,240 --> 01:08:56,400
Speaker 2: was sort of he's likable with it. It's you know,

1485
01:08:56,479 --> 01:08:58,320
Speaker 2: the days you think about where they beat each other

1486
01:08:58,400 --> 01:09:00,360
Speaker 2: up at the way in and all that crap, smack

1487
01:09:00,439 --> 01:09:02,760
Speaker 2: talk each other and stuff, and seems largely gone. But

1488
01:09:03,320 --> 01:09:05,200
Speaker 2: how do you get back? This is the problem because

1489
01:09:05,280 --> 01:09:07,479
Speaker 2: Usick was a problem. Even if he.

1490
01:09:07,520 --> 01:09:12,519
Speaker 20: Had won, Yeah, he won't fight well obviously Wardley. Usak

1491
01:09:12,520 --> 01:09:15,160
Speaker 20: has to fight Wardley now, doesn't he? So that happen

1492
01:09:15,400 --> 01:09:20,320
Speaker 20: so well, that's presumably because Usik was presumably having to

1493
01:09:20,320 --> 01:09:22,320
Speaker 20: fight park At but didn't.

1494
01:09:22,360 --> 01:09:24,800
Speaker 2: But what about Dubois. Where's Dubois fit into it?

1495
01:09:25,320 --> 01:09:28,960
Speaker 7: Goodness only and Wardley drug? Wardley probably doesn't get close

1496
01:09:29,000 --> 01:09:30,040
Speaker 7: to us of course not.

1497
01:09:30,280 --> 01:09:32,800
Speaker 2: I mean that was Wardley's That was his day in

1498
01:09:32,880 --> 01:09:35,479
Speaker 2: the sun, wasn't it. You could see that all day long.

1499
01:09:35,720 --> 01:09:38,040
Speaker 2: You'll never hear from the guy again. He probably doesn't

1500
01:09:38,040 --> 01:09:40,000
Speaker 2: even want to fight again. He couldn't believe it's luck.

1501
01:09:40,040 --> 01:09:43,400
Speaker 2: He fell over an exhaustion and the big loser was part.

1502
01:09:43,520 --> 01:09:44,840
Speaker 2: So I mean that's the end of that. But I

1503
01:09:44,840 --> 01:09:46,920
Speaker 2: mean getting back to the real fighter. I just can't

1504
01:09:46,960 --> 01:09:50,360
Speaker 2: work out how, having watched this Herne documentary on Netflix,

1505
01:09:51,040 --> 01:09:53,759
Speaker 2: between the do they sell out? The O two? Where's

1506
01:09:53,760 --> 01:09:56,320
Speaker 2: the Shaken? And Saudi Arabia fed into all of this?

1507
01:09:56,800 --> 01:10:02,320
Speaker 7: Is it Queensburry is es, It's very it's very convoluted.

1508
01:10:02,840 --> 01:10:04,479
Speaker 7: All he can do now is take a break, I

1509
01:10:04,520 --> 01:10:08,040
Speaker 7: think again, if he wants to get back and training

1510
01:10:08,080 --> 01:10:11,880
Speaker 7: and see where the see where the dust settles and yeah,

1511
01:10:11,880 --> 01:10:13,280
Speaker 7: but it will take a fair of while.

1512
01:10:13,600 --> 01:10:16,680
Speaker 2: Where are you? Where are you? You two? On the

1513
01:10:16,840 --> 01:10:18,760
Speaker 2: Jason ufes, where are you guys? On the F word?

1514
01:10:19,280 --> 01:10:21,559
Speaker 2: So I hear the F word very distinctly in the

1515
01:10:21,600 --> 01:10:25,200
Speaker 2: NPC final with the captain he goes nuts yelling at

1516
01:10:25,200 --> 01:10:26,880
Speaker 2: the crowd, and I hear the F word broadcast and

1517
01:10:26,920 --> 01:10:28,639
Speaker 2: I heard it three or four times over the weekend

1518
01:10:28,680 --> 01:10:31,240
Speaker 2: in the Gold Coast, and each time they apologize, they

1519
01:10:31,280 --> 01:10:33,599
Speaker 2: go sorry for the language, sorry, And they're not sorry

1520
01:10:33,640 --> 01:10:35,519
Speaker 2: for the language because they couldn't control it. There's nothing

1521
01:10:35,520 --> 01:10:37,600
Speaker 2: you can do about it. And haven't we reached a

1522
01:10:37,640 --> 01:10:41,120
Speaker 2: point where people swear in exultation or misery and sport

1523
01:10:41,160 --> 01:10:41,920
Speaker 2: and it is what it is.

1524
01:10:42,680 --> 01:10:42,880
Speaker 13: Yeah?

1525
01:10:42,920 --> 01:10:45,200
Speaker 20: Absolutely, well, that's that's how I feel about it. I mean,

1526
01:10:45,240 --> 01:10:47,640
Speaker 20: I wouldn't want sav to use the word during a

1527
01:10:47,640 --> 01:10:48,439
Speaker 20: sports bulletin.

1528
01:10:49,320 --> 01:10:51,080
Speaker 19: That'll be a different No, that's true.

1529
01:10:51,080 --> 01:10:52,800
Speaker 20: But I think in the heat of the moment, there's

1530
01:10:52,800 --> 01:10:55,200
Speaker 20: a couple of words I think you wouldn't wind out there.

1531
01:10:55,560 --> 01:10:58,400
Speaker 19: I think players are I think players are sensible enough.

1532
01:10:58,240 --> 01:10:58,920
Speaker 10: Not to use those.

1533
01:10:58,960 --> 01:11:01,200
Speaker 20: But as far as the F word is concerns, Look,

1534
01:11:01,640 --> 01:11:05,160
Speaker 20: I'm not rushing to, you know, to cover the ears

1535
01:11:05,200 --> 01:11:07,599
Speaker 20: of anybody under the age of ten in the room

1536
01:11:07,720 --> 01:11:10,080
Speaker 20: if that that is, if that comes through the television.

1537
01:11:11,200 --> 01:11:12,920
Speaker 10: You wouldn't use it on here, though, Mike, would you?

1538
01:11:12,920 --> 01:11:15,280
Speaker 2: No, I wouldn't. But but I'm not. I'm not about

1539
01:11:15,320 --> 01:11:19,280
Speaker 2: to win the NPC final, you No. No, I haven't

1540
01:11:19,280 --> 01:11:21,519
Speaker 2: just crashed in the car into the barrier on the

1541
01:11:21,560 --> 01:11:24,000
Speaker 2: Gold Coast and the rasers over. You know, I got

1542
01:11:24,040 --> 01:11:25,640
Speaker 2: another half hour of the show and it's going to

1543
01:11:25,680 --> 01:11:26,559
Speaker 2: go fairly well for me.

1544
01:11:27,320 --> 01:11:28,839
Speaker 7: Yeah, yeah, as it always does.

1545
01:11:28,760 --> 01:11:31,320
Speaker 19: As it always we want to motion, don't we.

1546
01:11:31,320 --> 01:11:33,599
Speaker 20: We always said we want a motion from our sports people.

1547
01:11:33,600 --> 01:11:36,720
Speaker 20: We want authenticity from our sports people. That doesn't mean

1548
01:11:36,720 --> 01:11:38,880
Speaker 20: that they just come out with explets every time they talk,

1549
01:11:39,160 --> 01:11:41,360
Speaker 20: but in the heat of the battle, the postmatch interview

1550
01:11:41,439 --> 01:11:43,599
Speaker 20: is different. Sometimes they drop one in there and it's like, oh,

1551
01:11:43,880 --> 01:11:46,240
Speaker 20: that's a bit jarring. But in the game, in the

1552
01:11:46,280 --> 01:11:48,360
Speaker 20: heat of the battle, they're human like all of us.

1553
01:11:48,439 --> 01:11:51,920
Speaker 2: That's what I thought. The football Jason real quick, did

1554
01:11:51,960 --> 01:11:54,920
Speaker 2: we find in out anything that was gripping about Wellington

1555
01:11:55,000 --> 01:11:57,559
Speaker 2: or Auckland couple and turned.

1556
01:11:57,400 --> 01:12:00,000
Speaker 19: Up to talk to our fourteen thousand?

1557
01:12:00,080 --> 01:12:01,920
Speaker 20: That's I mean below what they used to get a

1558
01:12:01,920 --> 01:12:04,200
Speaker 20: fourteen Still not bad all kind of I thought, I

1559
01:12:04,320 --> 01:12:06,960
Speaker 20: still just finding their way. Good one for Wellington. The

1560
01:12:07,000 --> 01:12:08,519
Speaker 20: derby in a couple of weeks should be good. There's

1561
01:12:08,560 --> 01:12:10,320
Speaker 20: a very brief synopsis for you.

1562
01:12:10,439 --> 01:12:12,760
Speaker 2: Okay, would you have run? Would you have run them

1563
01:12:12,760 --> 01:12:15,000
Speaker 2: over Andrew? Or would you have breaked really hard? If

1564
01:12:15,040 --> 01:12:15,519
Speaker 2: you are Liam?

1565
01:12:17,000 --> 01:12:17,160
Speaker 21: Ah?

1566
01:12:19,120 --> 01:12:22,679
Speaker 2: What were they doing on the there? Idiots? They didn't

1567
01:12:22,680 --> 01:12:24,439
Speaker 2: realize how far behind the field he was, and he

1568
01:12:24,479 --> 01:12:27,360
Speaker 2: thought they could scoot across. But I wouldn't go on

1569
01:12:27,360 --> 01:12:29,760
Speaker 2: an f one track. No matter what, I don't care

1570
01:12:29,840 --> 01:12:31,840
Speaker 2: where on the race it is. I'm not stepping on

1571
01:12:31,880 --> 01:12:32,719
Speaker 2: an F one track.

1572
01:12:32,920 --> 01:12:34,920
Speaker 10: No was it fault?

1573
01:12:35,320 --> 01:12:39,360
Speaker 2: Of course it was. It's always his fault. He's a

1574
01:12:39,400 --> 01:12:41,400
Speaker 2: hot head and he's not a good driver. From the

1575
01:12:41,400 --> 01:12:44,120
Speaker 2: back of the field is his problem, and I think

1576
01:12:44,160 --> 01:12:45,519
Speaker 2: there's a bit of a thing between him and laws.

1577
01:12:45,680 --> 01:12:48,360
Speaker 7: He did out left, of course, it was an odd

1578
01:12:48,479 --> 01:12:50,920
Speaker 7: veer that he left and then smacked into it.

1579
01:12:52,120 --> 01:12:54,840
Speaker 2: As for as for the yellow flags and ruining the race,

1580
01:12:54,880 --> 01:12:57,640
Speaker 2: I mean for staffin was Verstappan had Leclaire, There's no

1581
01:12:57,720 --> 01:13:01,000
Speaker 2: question about that, and they just wrecked it. You're on

1582
01:13:01,040 --> 01:13:06,559
Speaker 2: tonight sev off today not surprising, well because you've.

1583
01:13:06,439 --> 01:13:08,720
Speaker 7: Had don't start, don't start swearing at me.

1584
01:13:10,800 --> 01:13:13,200
Speaker 2: Nice to see you, guys. Andrew Savill and Jason Pine

1585
01:13:13,240 --> 01:13:14,160
Speaker 2: at say twenty two.

1586
01:13:15,640 --> 01:13:19,320
Speaker 1: The Hosking Breakfast with Bailey's real Estate News Talks.

1587
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1589
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1604
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Speaker 2: You've got that. Spark Business is the company year after

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Speaker 2: Paskig Mike, you can claim tax on your capital loss.

1606
01:14:18,200 --> 01:14:20,320
Speaker 2: Of course you coun't. This has got a lot of

1607
01:14:20,360 --> 01:14:22,400
Speaker 2: explaining that there will be a day full of does

1608
01:14:22,439 --> 01:14:24,320
Speaker 2: it mean this, Yes, it will, No, it won't. And

1609
01:14:24,360 --> 01:14:25,840
Speaker 2: then of course you get to the part whether or

1610
01:14:25,840 --> 01:14:28,120
Speaker 2: not funny enough that one of the headlines is it's

1611
01:14:28,160 --> 01:14:31,360
Speaker 2: the conversation our newsroom is claiming it's the conversation we

1612
01:14:31,439 --> 01:14:34,000
Speaker 2: needed to have. The problem with that is, of course

1613
01:14:34,040 --> 01:14:36,720
Speaker 2: it's the conversation we've already had, and we had it

1614
01:14:36,760 --> 01:14:39,240
Speaker 2: in twenty eleven, and then we had it again in

1615
01:14:39,240 --> 01:14:42,799
Speaker 2: twenty fourteen, and then we had it again in twenty seventeen,

1616
01:14:42,840 --> 01:14:45,920
Speaker 2: and each and every time the CGT concept has blown

1617
01:14:46,000 --> 01:14:49,679
Speaker 2: up in Labour's face under Golf, under Kunliff, under a Durn.

1618
01:14:50,160 --> 01:14:52,240
Speaker 2: Now you would have you could have argued, thought that

1619
01:14:52,360 --> 01:14:54,760
Speaker 2: Hipkins having a look at that might have gone, tell

1620
01:14:54,760 --> 01:14:57,800
Speaker 2: you what, maybe we'll just leave that one for now,

1621
01:14:57,800 --> 01:15:00,800
Speaker 2: because I've got big enough issues to deal with, not

1622
01:15:00,920 --> 01:15:02,599
Speaker 2: least of which is the fact that I was there

1623
01:15:02,680 --> 01:15:04,479
Speaker 2: last time, and that's going to be an issue when

1624
01:15:04,479 --> 01:15:06,400
Speaker 2: it comes up in the election campaign. But oh know,

1625
01:15:07,000 --> 01:15:10,360
Speaker 2: so let's have the same conversation yet again and see

1626
01:15:10,360 --> 01:15:12,880
Speaker 2: where it goes. News is next, and then we will

1627
01:15:12,920 --> 01:15:14,760
Speaker 2: head to the UK and Rodin.

1628
01:15:16,360 --> 01:15:21,320
Speaker 1: Opinion edit Informed, unapologetic, the Mike Hosking Breakfast with the

1629
01:15:21,360 --> 01:15:23,840
Speaker 1: Defender embraced the impossible news.

1630
01:15:24,760 --> 01:15:27,000
Speaker 2: Mike my son has knocked off school already for exam,

1631
01:15:27,120 --> 01:15:28,400
Speaker 2: So what are all the teachers up to?

1632
01:15:28,520 --> 01:15:28,720
Speaker 17: Now?

1633
01:15:28,800 --> 01:15:31,760
Speaker 2: He's what i'd call sixth form. We were having that

1634
01:15:31,920 --> 01:15:34,519
Speaker 2: stew Funnily enough that discussion to our house over the weekend.

1635
01:15:34,800 --> 01:15:38,080
Speaker 2: University for US has ended already, which is not unusual

1636
01:15:38,080 --> 01:15:41,840
Speaker 2: because university is different to high school. But I was thinking, but, oh, no,

1637
01:15:41,880 --> 01:15:45,080
Speaker 2: school doesn't end. Kaddy was saying it's gone. Not all schools,

1638
01:15:45,080 --> 01:15:48,000
Speaker 2: but some schools school has done. I said, surely it's

1639
01:15:48,000 --> 01:15:50,960
Speaker 2: mid November, and no it's not. So it's a weird

1640
01:15:50,960 --> 01:15:55,160
Speaker 2: old system. Honestly, Mike, where is the deep thinking, creative

1641
01:15:55,160 --> 01:16:00,000
Speaker 2: and bold ideas for New Zealand from Labor ceter rhetorical questions?

1642
01:16:00,040 --> 01:16:03,519
Speaker 2: Sam goodness me a reheated CGT is a lazy man's

1643
01:16:03,520 --> 01:16:05,880
Speaker 2: policy to this, Well, that's what they're about. They're about

1644
01:16:05,920 --> 01:16:09,599
Speaker 2: grabbing anyone who they perceive to be remotely successful. They're

1645
01:16:09,640 --> 01:16:12,479
Speaker 2: about taking money from That's how it works, Mote. I

1646
01:16:12,520 --> 01:16:15,240
Speaker 2: wonder if there's going to be a valuation day to

1647
01:16:15,320 --> 01:16:17,920
Speaker 2: set asset values or a gigantic cash grab when a

1648
01:16:17,920 --> 01:16:20,479
Speaker 2: batchbought in nineteen fifty six kits so well, according to

1649
01:16:20,600 --> 01:16:22,360
Speaker 2: the Labor Party this morning we talked to the head

1650
01:16:22,400 --> 01:16:26,360
Speaker 2: office and they said there will be their words, not mine.

1651
01:16:26,600 --> 01:16:29,800
Speaker 2: Valuation day on the first of July, which means you've

1652
01:16:29,800 --> 01:16:33,080
Speaker 2: got to go out and get your house valued. Otherwise

1653
01:16:33,080 --> 01:16:35,400
Speaker 2: you use your CVRV, which of course is a guess.

1654
01:16:35,439 --> 01:16:37,960
Speaker 2: It's run by an algorithm. It's not remotely related to

1655
01:16:38,000 --> 01:16:41,280
Speaker 2: the real world. And if they're somehow relying on that

1656
01:16:41,400 --> 01:16:45,360
Speaker 2: being the ground zero, then they've got a world of

1657
01:16:45,400 --> 01:16:47,280
Speaker 2: pain ahead because people aren't going to put up with it.

1658
01:16:47,280 --> 01:16:48,400
Speaker 2: Twenty two to seven.

1659
01:16:48,479 --> 01:16:52,240
Speaker 15: An international correspondence with ends and eye insurance Feace of

1660
01:16:52,280 --> 01:16:53,639
Speaker 15: mind for New Zealand business.

1661
01:16:53,760 --> 01:16:55,559
Speaker 2: Right do you hope to the UK? We go rod

1662
01:16:55,560 --> 01:16:56,400
Speaker 2: morning to you.

1663
01:16:57,720 --> 01:16:58,880
Speaker 9: Couple you make now?

1664
01:16:58,920 --> 01:17:02,760
Speaker 2: I was watching the conference with Faraje and Kobe and

1665
01:17:03,560 --> 01:17:08,040
Speaker 2: explain who Siah poaching is, what she said and whether

1666
01:17:08,080 --> 01:17:08,800
Speaker 2: she should be six.

1667
01:17:10,439 --> 01:17:15,879
Speaker 9: Yeah, well she's one of the newer reformed UK MPs

1668
01:17:16,439 --> 01:17:19,120
Speaker 9: and she said during a television interview that she was

1669
01:17:19,160 --> 01:17:21,800
Speaker 9: sick of turning on the television and seeing loads of

1670
01:17:21,920 --> 01:17:28,960
Speaker 9: vaccinations all over the place. It's a bit it's as

1671
01:17:29,120 --> 01:17:33,160
Speaker 9: Nigel Farage later said, it is an ugly worded thing

1672
01:17:33,280 --> 01:17:36,799
Speaker 9: to say, so Keirs Darmus said it is shockingly racist,

1673
01:17:37,400 --> 01:17:40,519
Speaker 9: and various other Labor Party politicians have said she should

1674
01:17:40,560 --> 01:17:44,240
Speaker 9: be suspended or kicked out the party, do we condemn it?

1675
01:17:44,320 --> 01:17:49,920
Speaker 9: And so on. It's interesting to know how this plays

1676
01:17:50,479 --> 01:17:52,960
Speaker 9: because there has been a great deal of talk in

1677
01:17:53,000 --> 01:17:57,639
Speaker 9: this country, not on television, not on the radio, about

1678
01:17:57,680 --> 01:18:00,440
Speaker 9: the proportion of black and Asian people who are inverts.

1679
01:18:00,560 --> 01:18:04,080
Speaker 9: Particularly so if you were to come here and look

1680
01:18:04,120 --> 01:18:06,040
Speaker 9: at one of our adverts, you would think you were

1681
01:18:06,040 --> 01:18:10,880
Speaker 9: living in I don't know, South Africa, perhaps in that

1682
01:18:11,000 --> 01:18:14,920
Speaker 9: they're largely black and Asian. And this is all in

1683
01:18:14,960 --> 01:18:20,040
Speaker 9: an effort to it's DEI isn't it's diversity, equity and inclusion.

1684
01:18:21,520 --> 01:18:25,519
Speaker 9: So I have this vague idea that this might not

1685
01:18:25,640 --> 01:18:30,519
Speaker 9: play badly for Reform, even though Labor is really goolling

1686
01:18:30,560 --> 01:18:34,600
Speaker 9: for them, because obviously the way she put it it

1687
01:18:34,720 --> 01:18:37,000
Speaker 9: sounded awful. It sounded as if she was sick of

1688
01:18:37,040 --> 01:18:41,680
Speaker 9: seeing black and dation people, which is just very, very rude.

1689
01:18:42,720 --> 01:18:45,920
Speaker 9: There is a debate to be had over over representation,

1690
01:18:46,200 --> 01:18:51,959
Speaker 9: both in television programs and in adverts, but that's possibly

1691
01:18:52,240 --> 01:18:53,840
Speaker 9: not perhaps the way to put it.

1692
01:18:54,479 --> 01:18:58,000
Speaker 2: Interesting, while while we're on reform, I'm no one else

1693
01:18:58,040 --> 01:18:59,920
Speaker 2: will be interested in you, but I've got I got first.

1694
01:19:00,280 --> 01:19:03,360
Speaker 2: Plagomery won a by election in Wales over the weekend

1695
01:19:04,400 --> 01:19:07,599
Speaker 2: and they beat Labor and Labor held the seat for River.

1696
01:19:08,200 --> 01:19:11,840
Speaker 2: What I wanted to know was, given the polling around reform,

1697
01:19:12,800 --> 01:19:17,960
Speaker 2: was the individual seat itself nearver potentially a reform seat

1698
01:19:18,640 --> 01:19:21,360
Speaker 2: or did reform not perform as well as some might

1699
01:19:21,400 --> 01:19:23,679
Speaker 2: have liked. Therefore, the poles aren't quite as bullish as

1700
01:19:23,880 --> 01:19:24,680
Speaker 2: we think they might be.

1701
01:19:27,200 --> 01:19:31,000
Speaker 9: If you go back a week, just over a week,

1702
01:19:31,680 --> 01:19:34,800
Speaker 9: every single newspaper said reform was going to take this seat.

1703
01:19:34,880 --> 01:19:37,680
Speaker 9: I was the only one who said, no, Clyde will

1704
01:19:37,720 --> 01:19:39,960
Speaker 9: with it. This is because Reform were well in the

1705
01:19:40,040 --> 01:19:43,120
Speaker 9: lead at the time. But I looked at the Labor

1706
01:19:43,200 --> 01:19:48,240
Speaker 9: vote and saw that it was still twenty percent, you know,

1707
01:19:48,280 --> 01:19:50,800
Speaker 9: around about twenty percent. In other words, a lot of

1708
01:19:50,920 --> 01:19:55,439
Speaker 9: people who could migrate from Labor to clydecomery and that

1709
01:19:55,439 --> 01:19:58,760
Speaker 9: that would win the seat. And that's what's happened. Basically,

1710
01:19:59,240 --> 01:20:04,759
Speaker 9: that was a that was an action between reform versus

1711
01:20:05,000 --> 01:20:11,559
Speaker 9: people who hate reform. So everybody else voted for flight Company,

1712
01:20:11,800 --> 01:20:15,840
Speaker 9: the Greens did, the Ribs did, the Labor Party did,

1713
01:20:16,000 --> 01:20:19,479
Speaker 9: and so indeed, well half the Labor Party did, the

1714
01:20:19,560 --> 01:20:24,839
Speaker 9: other half went to reform. Reform did perfectly well, Capilli

1715
01:20:24,960 --> 01:20:27,840
Speaker 9: is a South Wales mining seat, it should have a

1716
01:20:27,960 --> 01:20:32,599
Speaker 9: chance there. This will give encouragement to the left over

1717
01:20:32,680 --> 01:20:37,000
Speaker 9: here that reform can be defeated by tactical voting.

1718
01:20:37,040 --> 01:20:39,800
Speaker 2: Right, and so that answers my question nicely. So that

1719
01:20:39,840 --> 01:20:42,400
Speaker 2: would mean going forward into other by elections and more

1720
01:20:42,439 --> 01:20:44,360
Speaker 2: importantly the big vote coming in Britain in a couple

1721
01:20:44,360 --> 01:20:48,120
Speaker 2: of years time, that if they coordinate against reform, reform

1722
01:20:48,160 --> 01:20:49,920
Speaker 2: actually have quite a bit of trouble and the polls

1723
01:20:49,960 --> 01:20:51,680
Speaker 2: may not be as bullish as we seem to think

1724
01:20:51,720 --> 01:20:52,000
Speaker 2: they are.

1725
01:20:53,320 --> 01:20:57,400
Speaker 9: I think that's exactly the case. The only caveat to

1726
01:20:57,479 --> 01:21:00,559
Speaker 9: that is that it's quite easy to do that in

1727
01:21:00,560 --> 01:21:03,280
Speaker 9: a by election where you could have identified who is

1728
01:21:03,320 --> 01:21:06,679
Speaker 9: going to win in a general election far far more difficult.

1729
01:21:06,960 --> 01:21:11,280
Speaker 2: Okay, the grooming gangs, so we had a little clip

1730
01:21:11,280 --> 01:21:13,439
Speaker 2: from at least four of them got banged up, three

1731
01:21:13,479 --> 01:21:15,120
Speaker 2: men and one woman. I think it was in Dundee

1732
01:21:15,120 --> 01:21:18,080
Speaker 2: account Remember, but I mean that this inquiry just seems

1733
01:21:18,080 --> 01:21:21,599
Speaker 2: to Yeah, it seems to be a complete shambles.

1734
01:21:22,680 --> 01:21:26,599
Speaker 9: And absolute shambles, and it's a shambles because Labor never

1735
01:21:26,640 --> 01:21:31,240
Speaker 9: really wanted it to work. It sounds ridiculous, but they didn't.

1736
01:21:32,320 --> 01:21:34,920
Speaker 9: They were against having an inquiry because they thought he

1737
01:21:35,000 --> 01:21:42,320
Speaker 9: would annoy the Muslim constituents who make up, you know,

1738
01:21:42,360 --> 01:21:44,599
Speaker 9: a fair proportion of quite a large number of Labor

1739
01:21:44,640 --> 01:21:47,120
Speaker 9: Party seats somewhere in the original searching for forty seats

1740
01:21:47,280 --> 01:21:50,320
Speaker 9: are dependent upon the Muslim vote, and this would have

1741
01:21:50,360 --> 01:21:54,320
Speaker 9: been directed at the Muslims, because of course it was

1742
01:21:54,479 --> 01:21:58,880
Speaker 9: Muslim grooming gangs who did who did all these evil deeds.

1743
01:22:00,080 --> 01:22:03,080
Speaker 9: So he tried to water it down, with the result

1744
01:22:03,160 --> 01:22:08,200
Speaker 9: that four of the survivors of this horrible abuse have

1745
01:22:08,320 --> 01:22:12,479
Speaker 9: refused to take part anymore unless Chess Phillips, the Safeguardian Minister,

1746
01:22:12,600 --> 01:22:17,680
Speaker 9: is sacked from overseeing it. And indeed the person they

1747
01:22:17,720 --> 01:22:21,120
Speaker 9: wanted to chair the whole thing has decided he wants

1748
01:22:21,200 --> 01:22:22,559
Speaker 9: nothing more to do that as well.

1749
01:22:22,840 --> 01:22:25,400
Speaker 2: Since I last talked to you, Rod, Lucy Powell's won

1750
01:22:25,479 --> 01:22:27,719
Speaker 2: the job. She's the deputy leader of the Labor Party.

1751
01:22:27,800 --> 01:22:29,479
Speaker 2: Is that going to be a nightmath or starmer?

1752
01:22:31,720 --> 01:22:36,080
Speaker 9: I think a mildly annoying dream rather than a nightmare.

1753
01:22:36,960 --> 01:22:42,799
Speaker 9: She's not hard left, she's you know, kinnechie soft left.

1754
01:22:43,880 --> 01:22:46,160
Speaker 9: She will be a bit of a thought in his side.

1755
01:22:46,360 --> 01:22:49,160
Speaker 9: But he can ignore her. You know, she's not deputy

1756
01:22:49,160 --> 01:22:51,680
Speaker 9: prime minister. All she is is deputy leader of the

1757
01:22:51,760 --> 01:22:55,080
Speaker 9: Labor Party. There's no suggestion she's going to be given

1758
01:22:54,600 --> 01:23:01,920
Speaker 9: any greater prize than that. So it's a rallying point

1759
01:23:02,000 --> 01:23:05,120
Speaker 9: for the far left of the left. But I don't

1760
01:23:05,200 --> 01:23:07,800
Speaker 9: think it's as damaging as some people are saying it is.

1761
01:23:07,920 --> 01:23:10,479
Speaker 2: Yeah, good Blake, we'll see Thursday appreciated. Has always rotted

1762
01:23:10,479 --> 01:23:12,120
Speaker 2: than out of Britain. I note that Rachel Reever was

1763
01:23:12,120 --> 01:23:14,439
Speaker 2: on the television over the weekend. She has confirmed now

1764
01:23:14,840 --> 01:23:18,439
Speaker 2: we suspected as much so the budget's coming November twenty sixth,

1765
01:23:18,920 --> 01:23:21,599
Speaker 2: less than a month away. She's confirmed she's looking at

1766
01:23:21,600 --> 01:23:25,760
Speaker 2: tax rises. Broken promise the wealthiest will have to contribute

1767
01:23:25,920 --> 01:23:30,400
Speaker 2: more working people were going to keep the taxes as

1768
01:23:30,520 --> 01:23:33,040
Speaker 2: low as possible. The only other thing, well not the

1769
01:23:33,080 --> 01:23:34,760
Speaker 2: only other thing, but the other major thing that happened

1770
01:23:34,800 --> 01:23:36,160
Speaker 2: that part of the world over the weekend was the

1771
01:23:37,080 --> 01:23:39,800
Speaker 2: woman Connelly, who appears to be about as left wing

1772
01:23:39,840 --> 01:23:43,639
Speaker 2: as you can possibly get. She has been left wing

1773
01:23:43,680 --> 01:23:46,519
Speaker 2: independent sort of didn't come to anything because the opponent

1774
01:23:46,840 --> 01:23:50,640
Speaker 2: gave up instead I quit, And so Catherine Connolly is

1775
01:23:51,080 --> 01:23:54,639
Speaker 2: your new President of Ireland eight forty five The.

1776
01:23:54,680 --> 01:23:59,080
Speaker 1: High Asking Breakfast Full Show podcast on iHeartRadio, Howard By

1777
01:23:59,120 --> 01:24:00,040
Speaker 1: News Talks AB.

1778
01:24:01,439 --> 01:24:04,479
Speaker 2: Mike. Labour CGT is ac curwardly policy that continues Labour

1779
01:24:04,479 --> 01:24:07,240
Speaker 2: attack on the providers of private rental accommodation AE, typically

1780
01:24:07,320 --> 01:24:10,000
Speaker 2: owners of multiple properties. A policy designed to appease the

1781
01:24:10,000 --> 01:24:12,920
Speaker 2: party faithful opposed to the private enterprise, while causing the

1782
01:24:12,960 --> 01:24:15,559
Speaker 2: least possible antagonism to those who may find or be

1783
01:24:15,640 --> 01:24:17,800
Speaker 2: of a mind to vote Labour. Thank you, Colin Mike.

1784
01:24:18,320 --> 01:24:20,599
Speaker 2: There'll be bugger all tax take from the CGT for

1785
01:24:20,640 --> 01:24:23,880
Speaker 2: many years to come, free doctors visits from July twenty seven,

1786
01:24:23,880 --> 01:24:26,360
Speaker 2: there's going to be billions and dollars in shortfall. Where's

1787
01:24:26,360 --> 01:24:28,680
Speaker 2: the money coming from? Very very good question, because in

1788
01:24:28,800 --> 01:24:32,839
Speaker 2: the sort of mental gymnastics of the CGT, we've forgotten

1789
01:24:32,840 --> 01:24:35,840
Speaker 2: what it pays for. Is it directly linked? In other words,

1790
01:24:35,880 --> 01:24:37,479
Speaker 2: they say it is, But is it like the road

1791
01:24:37,560 --> 01:24:39,320
Speaker 2: user taxes? So in other words, when you go pay

1792
01:24:39,280 --> 01:24:41,639
Speaker 2: your tax at the pump that goes directly on roads.

1793
01:24:41,640 --> 01:24:43,760
Speaker 2: And the question it's one hundred percent correct. So if

1794
01:24:43,880 --> 01:24:47,559
Speaker 2: day one day zero ground zero is July of twenty seven,

1795
01:24:47,680 --> 01:24:50,360
Speaker 2: and you go out on National Valuation Day and get

1796
01:24:50,400 --> 01:24:54,080
Speaker 2: your place valued, and you would then need to one

1797
01:24:54,360 --> 01:24:57,720
Speaker 2: sell it and then to sell it for more than

1798
01:24:57,720 --> 01:25:00,599
Speaker 2: it was valued on the first of July, and therefore

1799
01:25:00,640 --> 01:25:04,120
Speaker 2: that would be taxed. So you're talking at the minimum.

1800
01:25:04,320 --> 01:25:06,840
Speaker 2: I would have thought six months, if not more towards

1801
01:25:06,840 --> 01:25:08,160
Speaker 2: a year. So in other words, in the first year

1802
01:25:08,160 --> 01:25:10,080
Speaker 2: they're getting nothing because no one. No one's selling their

1803
01:25:10,120 --> 01:25:12,720
Speaker 2: house for much more because the property market is not

1804
01:25:12,800 --> 01:25:15,160
Speaker 2: going up exponentially the way it used to, so there'll

1805
01:25:15,200 --> 01:25:18,879
Speaker 2: be minimal amounts of money. But three visits per person

1806
01:25:19,640 --> 01:25:23,240
Speaker 2: per year is if it's not billions, it's hundreds of

1807
01:25:23,280 --> 01:25:24,960
Speaker 2: millions of dollars, and they've got to fund that in

1808
01:25:25,000 --> 01:25:26,720
Speaker 2: the ensuing period of time. It's a very good point.

1809
01:25:27,320 --> 01:25:29,920
Speaker 2: I reiterate the question I asked earlier on I don't

1810
01:25:29,960 --> 01:25:31,600
Speaker 2: go to the doctor three times a year. Well I

1811
01:25:31,600 --> 01:25:33,160
Speaker 2: did this year because it turned sixty and my wife

1812
01:25:33,200 --> 01:25:35,400
Speaker 2: got on to me. But apart from that, I don't

1813
01:25:35,439 --> 01:25:37,719
Speaker 2: go to the doctor three times a year. So first

1814
01:25:37,720 --> 01:25:40,040
Speaker 2: of all, I don't need the government paying for me

1815
01:25:40,080 --> 01:25:41,759
Speaker 2: to go to the doctor. I can look after myself,

1816
01:25:41,800 --> 01:25:44,080
Speaker 2: thank you very much. Second of all, for the time

1817
01:25:44,120 --> 01:25:46,559
Speaker 2: that I don't go, I might go once a year.

1818
01:25:46,600 --> 01:25:49,479
Speaker 2: For those two times, they're still being funded for visits

1819
01:25:49,479 --> 01:25:51,880
Speaker 2: that aren't fulfilled. Could you save the map and use

1820
01:25:51,920 --> 01:25:52,360
Speaker 2: them next year?

1821
01:25:52,439 --> 01:25:53,360
Speaker 7: Go five times?

1822
01:25:53,439 --> 01:25:56,040
Speaker 2: Because that would be useful, Glenn, And they're not about

1823
01:25:56,080 --> 01:25:59,320
Speaker 2: being useful, Mike. Why don't National and Labor agree on

1824
01:25:59,400 --> 01:26:04,760
Speaker 2: retirement age and CGT and future proofing? Brilliant idea. Why

1825
01:26:04,760 --> 01:26:07,800
Speaker 2: don't we just form a grand coalition where National and

1826
01:26:07,880 --> 01:26:10,720
Speaker 2: Labor get on famously and they run the country in

1827
01:26:10,760 --> 01:26:14,720
Speaker 2: a cohesive fashion for happiness ever after. The answer to

1828
01:26:14,760 --> 01:26:18,120
Speaker 2: your question, my friend, is because they don't agree nine

1829
01:26:18,120 --> 01:26:18,559
Speaker 2: to nine.

1830
01:26:19,040 --> 01:26:23,040
Speaker 1: So my costing breakfast with a Veta Retirement Communities News

1831
01:26:23,080 --> 01:26:23,880
Speaker 1: togs Head been.

1832
01:26:23,840 --> 01:26:26,920
Speaker 2: Now on the seventh of November, which is not long away. Now,

1833
01:26:26,960 --> 01:26:30,680
Speaker 2: Resonate Health celebrates three years of changing hearing care in

1834
01:26:30,720 --> 01:26:33,360
Speaker 2: this country. So from just the single studio in Silverdale

1835
01:26:33,439 --> 01:26:36,559
Speaker 2: to twenty nine all around this beautiful country. They've got

1836
01:26:36,600 --> 01:26:39,679
Speaker 2: two more rapings soon. The growth has been extraordinary. Hasn't

1837
01:26:39,760 --> 01:26:42,439
Speaker 2: happened by accident. It's happened because keywis trust them. Basically,

1838
01:26:42,680 --> 01:26:46,960
Speaker 2: a Resonates unlimited subscription. It makes hearing care simple ninety

1839
01:26:47,000 --> 01:26:49,360
Speaker 2: dollars a month, covers you're hearing aids, your service, your

1840
01:26:49,400 --> 01:26:52,240
Speaker 2: ongoing support. Every three years you're upgraded to the latest tech,

1841
01:26:52,439 --> 01:26:54,759
Speaker 2: and your subscription price. Well, that's locked in for life,

1842
01:26:55,000 --> 01:26:57,880
Speaker 2: locked in for life. It's a model built on fairness,

1843
01:26:57,880 --> 01:27:01,280
Speaker 2: transparency and care. It's resonated with thousands across the country.

1844
01:27:01,280 --> 01:27:03,400
Speaker 2: So if you've been thinking about your hearing, now's the

1845
01:27:03,400 --> 01:27:06,240
Speaker 2: time celebrate their third anniversary by joining the movement. Oh

1846
01:27:06,280 --> 01:27:09,479
Speaker 2: eight hundred resonate which is eight hundred and seven three

1847
01:27:09,640 --> 01:27:12,759
Speaker 2: seven sixty sixty two. Or you can get all the details.

1848
01:27:12,760 --> 01:27:14,400
Speaker 2: I was looking at it this morning. It's good website.

1849
01:27:14,400 --> 01:27:16,360
Speaker 2: It's got all the detail and the you need. Resonate

1850
01:27:16,400 --> 01:27:21,639
Speaker 2: Health one word resonatehealth dot co dot in Z. Asking

1851
01:27:22,080 --> 01:27:24,080
Speaker 2: I own a commercial property, MIKEH. At the moment, I

1852
01:27:24,080 --> 01:27:26,320
Speaker 2: pay thirty three cents or thirty nine depending on the

1853
01:27:26,360 --> 01:27:28,519
Speaker 2: personal or trust rate on any profit gain from the

1854
01:27:28,560 --> 01:27:30,960
Speaker 2: sale our labor, suggesting that they'll tax me twenty eight

1855
01:27:30,960 --> 01:27:33,599
Speaker 2: percent on the capital gain, then another thirty nine percent

1856
01:27:33,640 --> 01:27:35,479
Speaker 2: on the profit which is the same as the capital gain.

1857
01:27:35,560 --> 01:27:37,439
Speaker 2: So I'd be paying sixty seven percent tax on a

1858
01:27:37,479 --> 01:27:41,120
Speaker 2: capital gain. Doesn't seem fair? Well, tax tax by its

1859
01:27:41,200 --> 01:27:43,559
Speaker 2: very nature, my friend, is not fair, but that's how

1860
01:27:43,560 --> 01:27:45,040
Speaker 2: they play it. If you look at if you're on

1861
01:27:45,080 --> 01:27:47,639
Speaker 2: the top tax rate in this country, it's thirty nine

1862
01:27:47,680 --> 01:27:49,720
Speaker 2: cents in the dollar, and you add GST to that

1863
01:27:49,800 --> 01:27:53,360
Speaker 2: year at fifty four cents in the dollar, then you

1864
01:27:53,360 --> 01:27:55,439
Speaker 2: can add some what a bit of asc some of

1865
01:27:55,439 --> 01:27:57,960
Speaker 2: that tax that you pay at the bowser for your petrol.

1866
01:27:58,280 --> 01:28:01,200
Speaker 2: You'd be running at pretty those to sixty cents in

1867
01:28:01,240 --> 01:28:03,800
Speaker 2: the dollar. And they say that we're not a highly

1868
01:28:03,840 --> 01:28:05,879
Speaker 2: taxed country. Five minutes away from nine.

1869
01:28:06,080 --> 01:28:11,280
Speaker 1: Trending now with chemist war House, great savings every day.

1870
01:28:11,520 --> 01:28:15,040
Speaker 2: Now see what you make of this? Zad comes from

1871
01:28:15,040 --> 01:28:17,600
Speaker 2: the Open Polytech, you know, the Open Polytech. This is

1872
01:28:17,600 --> 01:28:19,720
Speaker 2: one of their main ads. Then they put this up

1873
01:28:19,720 --> 01:28:23,880
Speaker 2: on YouTube. So they've got a guy called Liam. Liam

1874
01:28:23,920 --> 01:28:27,960
Speaker 2: talks about what's so great about the open Politech.

1875
01:28:27,920 --> 01:28:32,240
Speaker 21: And slam TONA. I'm qualifying for the Bachelor of Information Technology.

1876
01:28:34,360 --> 01:28:37,080
Speaker 2: What's been the biggest change since completing your study?

1877
01:28:37,120 --> 01:28:40,680
Speaker 21: Career they actually enjoy will probably be the biggest change.

1878
01:28:41,040 --> 01:28:44,200
Speaker 2: What did you choose to study with Open Polytech? Liam?

1879
01:28:44,479 --> 01:28:47,240
Speaker 21: I got recommended to study here and I was really

1880
01:28:47,320 --> 01:28:50,360
Speaker 21: nice being able to be flex the balls. I was

1881
01:28:50,400 --> 01:28:53,000
Speaker 21: able to keep working full time and study as well.

1882
01:28:53,439 --> 01:28:57,160
Speaker 2: How do you feel about graduating, Liam?

1883
01:28:57,320 --> 01:29:01,639
Speaker 21: I am very proud of myself. Spend a long journey. Bah, yeah,

1884
01:29:01,640 --> 01:29:03,000
Speaker 21: I'm happy that I finished it.

1885
01:29:03,680 --> 01:29:06,160
Speaker 2: What's your advice to someone thinking about studying?

1886
01:29:06,200 --> 01:29:06,439
Speaker 3: There?

1887
01:29:06,439 --> 01:29:06,799
Speaker 2: Liam?

1888
01:29:07,320 --> 01:29:08,160
Speaker 5: There, go for it.

1889
01:29:08,439 --> 01:29:10,920
Speaker 21: There's no time like noun to stuff.

1890
01:29:11,880 --> 01:29:15,519
Speaker 2: Just to be really clear, my voice isn't in the ad.

1891
01:29:15,760 --> 01:29:17,519
Speaker 2: I just put that in because I'd hate you to

1892
01:29:17,560 --> 01:29:22,160
Speaker 2: think I'm in any way associated with Liam or indeed

1893
01:29:22,160 --> 01:29:22,960
Speaker 2: the Open Polytics.

1894
01:29:22,960 --> 01:29:26,080
Speaker 7: I feel like it editors and something to it.

1895
01:29:26,000 --> 01:29:31,920
Speaker 2: It didn't it had it slightly comedic as anyway, that's

1896
01:29:31,960 --> 01:29:34,800
Speaker 2: not bad for a long weekend. Didn't sleep well last night,

1897
01:29:35,520 --> 01:29:37,320
Speaker 2: you know. I just like after the long weekend, you

1898
01:29:37,320 --> 01:29:38,840
Speaker 2: had a little bit of extra sleep and you're feeling

1899
01:29:38,880 --> 01:29:40,519
Speaker 2: pretty good about life, and then you lie down and

1900
01:29:40,520 --> 01:29:43,200
Speaker 2: you think, oh dear, I'm not going to sleep. I'm

1901
01:29:43,200 --> 01:29:45,880
Speaker 2: not going to sleep. I'm not going to sleep. So anyway,

1902
01:29:45,880 --> 01:29:47,800
Speaker 2: I thought, well this could be interesting, and only told

1903
01:29:47,840 --> 01:29:50,439
Speaker 2: the time. I think on my summation, I only told

1904
01:29:50,439 --> 01:29:53,320
Speaker 2: the time wrong once. I think it was only once.

1905
01:29:54,280 --> 01:29:57,599
Speaker 2: It's not bad, it's not bad, but so Anyway, that's

1906
01:29:57,640 --> 01:29:58,800
Speaker 2: just a warm up for the rest of the week,

1907
01:29:58,800 --> 01:30:01,640
Speaker 2: which is doubtedly going to go downhill from here. Back

1908
01:30:01,680 --> 01:30:06,880
Speaker 2: tomorrow morning from six as always Happy Days.

1909
01:30:06,880 --> 01:30:09,800
Speaker 1: For more from the Mic Asking Breakfast, listen live to

1910
01:30:09,880 --> 01:30:12,960
Speaker 1: News Talks at B from six am weekdays, or follow

1911
01:30:13,000 --> 01:30:14,520
Speaker 1: the podcast on iHeartRadio.