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Speaker 1: Opinionative, informed, unapologetic, The Mic Hosking Breakfast with a Veda, Retirement, Communities, Life,

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Speaker 1: Your Way, News Talks, Dead be.

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Speaker 2: Morning and Welcome Today good news for Kiwi fruit. Don

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Speaker 2: McKinnon ahead of the Bolger funeral, The EUS in town

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Speaker 2: to fire up our relationship, which is good? The New

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Speaker 2: New Zealand or In New Zealand CEO gives his first

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Speaker 2: interview after Rate this Morning. Joe mckinnons in Rome of course,

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Speaker 2: Rod Little joins.

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Speaker 3: In from Great Britain, pasking where is what?

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Speaker 2: Seven past six acc staff I noted joining today's striketh on.

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Speaker 2: It's almost a telethon esk by now, isn't. It's got

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Speaker 2: the how big can it be? Type of vibe about it.

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Speaker 2: Radio New Zealand ranner what you Need to Know feature

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Speaker 2: kind of like the stories you see ahead of the

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Speaker 2: All Blacks and the Warriors games. What time has kick off?

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Speaker 2: How much hot chips are? What's the weather forecast? A god,

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Speaker 2: of course is not on the striker's side today, with

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Speaker 2: a very bad day for a lot of the country.

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Speaker 2: Is the much hyped second Front rolls over the nation.

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Speaker 2: It's always a test of resilience. I think isn't it

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Speaker 2: resilience and determination the weather? Can you be bothered striking

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Speaker 2: and being wet? How much this does the ink on

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Speaker 2: your placard run? Stuff like that, ACC, of course, are

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Speaker 2: the posted child of public service dysfunction, which does raise

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Speaker 2: the question are they hopeless because of lack of funding

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Speaker 2: or are they just hopeless? They've had reports into them.

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Speaker 2: One said it was a gossipye culture. All I know

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Speaker 2: is there billions in the red and there doesn't seem

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Speaker 2: to be a very obvious novert turn around plan. What

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Speaker 2: I also know is the strike, of course, will achieve

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Speaker 2: nothing except there will be more to do on Friday,

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Speaker 2: unless you're a teacher who's having a teacher only day,

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Speaker 2: which means there'll be more to do on Tuesday. ACC

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Speaker 2: strikers don't like the work from home rules, which are

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Speaker 2: down to two a week. Of course pre COVID there

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Speaker 2: were none a week, which simply shows how quickly slack

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Speaker 2: habits form. They also argue, and this is the teachers

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Speaker 2: and the nurses as well as ACC, that they should

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Speaker 2: be offered more money to cover inflation. Now I've got

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Speaker 2: no idea where all this has come from. Work is

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Speaker 2: about value, not the economics of the day payers based

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Speaker 2: on output and demand and revenue covering inflation is simply

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Speaker 2: cost plus accounting. It's doing the same thing for ever

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Speaker 2: more amounts of money. Follow that to its logical conclusion,

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Speaker 2: and everyone's broke. But overall, ACC staff seemed miserable, and

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Speaker 2: that's no state to be. We all have good days

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Speaker 2: and bad days of work, of course we do. But

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Speaker 2: ultimately work should be fun. It should be challenging, it

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Speaker 2: should be surprising, It should be enriching and rewarding. ACC

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Speaker 2: seems like none of that, and a strike will solve

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Speaker 2: none of that.

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Speaker 3: News of the world in ninety seconds.

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Speaker 2: Are missing in Britain right now, the government gang grooming

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Speaker 2: inquiries and crisis as any number of inquiry members quit.

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Speaker 4: These two individuals, mister Speaker, have spent decades decades are

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Speaker 4: standing up for those who have been abused. I'm sexually

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Speaker 4: exploited and I absolutely think they're the right people to

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Speaker 4: take this fall raveling.

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Speaker 5: She doesn't have more experience than the survivors. The fact is,

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Speaker 5: just a few weeks ago he was standing there telling

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Speaker 5: us he had full confidence in the best friend of

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Speaker 5: a convicted pedophile. So it is no surprise that people

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Speaker 5: have no confidence in what he is saying.

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Speaker 2: This bloke is one of the people who pulled down.

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Speaker 6: Signed in protest at the political interference with the developing

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Speaker 6: child Exploitation and Online Protection Center. I didn't stay, I

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Speaker 6: didn't remain quiet. I didn't go along to get along

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Speaker 6: to make sure that I'd get a gong or something else.

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Speaker 2: Meantime, and called a fifteen year old who have killed

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Speaker 2: another kid at school at lunchtime is off to the

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Speaker 2: big house.

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Speaker 7: The minimum term which I impose in your case is fifteen

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Speaker 7: years and one hundred and six days. There is no

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Speaker 7: guarantee that you will in fact be released at the

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Speaker 7: end of that period.

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Speaker 2: The in state side news from the Varnce family vance

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Speaker 2: I the VP still's breaking peace in the Middle East.

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Speaker 8: We have a very very tough task ahead of us,

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Speaker 8: which is to disarm the mass, but rebuild Gaza, to

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Speaker 8: make a life better for the people in Gaza, but

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Speaker 8: also to ensure that their mass is no longer spread

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Speaker 8: to our friends.

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Speaker 2: Is meantime Varnce two, who's JD's heart brother. He's running

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Speaker 2: for maya of Cincinnati, where the police chief has just

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Speaker 2: been stood down.

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Speaker 9: One of the biggest things we have to do is

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Speaker 9: simply allow the to do their job. You know, this

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Speaker 9: litigation that's happening between the police chief and the mayor

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Speaker 9: is happening because we're seeing trickle down in confidence from

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Speaker 9: the mayor's office. That's basically tying the hands of our officer.

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Speaker 2: Finally, Google has developed the next step beyond the supercomputer

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Speaker 2: while we gots the quantum computer, which by the way,

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Speaker 2: is the brainchild of one of the nobil A Prize

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Speaker 2: winners the other day. He designed the algorithm. It allows

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Speaker 2: the quantum to perform thirteen thousand times faster than a

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Speaker 2: regular computer. Quantum computer is still about five years away,

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Speaker 2: they say. Google thinks though, they will be able to

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Speaker 2: create unique data to feed into the AI models to

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Speaker 2: make them more powerful. So when you can get one

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Speaker 2: at Harvey Norman, I'll let you know. Meantime, that's news

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Speaker 2: of the world in nineteen Japan. What can I tell you?

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Speaker 2: Exports four point two percent. Semiconductor exports were a big

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Speaker 2: part of that picture. Imports up three point three percent.

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Speaker 2: I think that's reasonable. Meantime, the UK inflation you think

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Speaker 2: ours is bad, this is worse three point eight And

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Speaker 2: that raises the question, hmm. Bank of England. What about

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Speaker 2: those cups? So watch and wait twelve past six.

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

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Speaker 1: it by News Talks.

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Speaker 10: That'd be.

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Speaker 2: Yesterday that the guy in Grassier, Paul and Grassier, who

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Speaker 2: was going to be nominated for the Office of the

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Speaker 2: Special Council under Trump's nomination, he was going to be

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Speaker 2: in front of the Senate on Saturday, and he sent

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Speaker 2: out a text that had a lot of people worried

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Speaker 2: about his brain power. Anyways, withdrawn from that, so that's over.

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Speaker 2: And I note that Walmart this morning that the tremendous

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Speaker 2: user of these h one b visas, you know, this

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Speaker 2: one hundred thousand dollars thing that Trump slapped on them

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Speaker 2: as a result of that, they have two thousand of

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Speaker 2: them currently, so allegedly they can't find Americans anyway, the

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Speaker 2: point being they've paused that because they can't afford it,

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Speaker 2: or claim they can't afford it. Fifteen pass your partner's Andrew.

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Speaker 11: Kellah, good morning, very good morning, Mike.

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Speaker 3: So the dairy we got.

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Speaker 2: There in the end, thank the Good Lord. And it

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Speaker 2: seems it sort of could have been bad. It's not

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Speaker 2: as bad as it we thought it might have been.

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Speaker 2: Is that fair, Yeah, that's fair.

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Speaker 12: We're just revisiting it, really in the spirit of making

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Speaker 12: sure all the listeners are well and listens they are

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Speaker 12: well informed with correct information. We did make the assumption

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Speaker 12: yesterday that the individual asset prices were correct, and I

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Speaker 12: was quite worried about the reported fall and whole milk powder.

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Speaker 12: Those individual product prices weren't right. They were corrected later.

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Speaker 11: In the day. So here's the right numbers.

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Speaker 12: The global Dairy Trade index fell one point four percent.

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Speaker 12: That is a continuation of weak outcomes, but it's a

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Speaker 12: relatively benign fall.

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Speaker 11: Eight out of the last ten auctions.

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Speaker 12: Have resulted in the lower Global Dairy Trade price index,

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Speaker 12: so there's obviously a supply demand thing out there. Still

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Speaker 12: reasonable amounts of demand apparently, but just just lots of supply.

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Speaker 12: Those individual product movements are smaller than we reported yesterday.

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Speaker 12: So wholework powder was down two point four percent, skillmut

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Speaker 12: powderfl one point six percent, a very small fall, and

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Speaker 12: butter zero point eight So the quantum of move mike

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Speaker 12: smaller than we initially thought, less likely to effect forecast

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Speaker 12: farm gate milk prices.

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Speaker 11: Let's hope for uneventful auctions from.

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Speaker 2: Here, not particularly good for were in New Zealand. I

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Speaker 2: couldn't find much good on that, could you.

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Speaker 1: No?

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Speaker 11: I think towards the end of the program yesterday you noted,

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Speaker 11: didn't you, that Air New.

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Speaker 12: Zealand had announced a loss. Just looking a bit more detail.

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Speaker 12: In August, Mike, Air New Zealand provided guidance that earnings

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Speaker 12: before taxation for the first half of the twenty six

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Speaker 12: financial year are expected. We're expected to be similar or

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Speaker 12: just slightly less than that reported in the second half

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Speaker 12: of twenty twenty five, that number thirty five million.

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Speaker 11: Yesterday they provided an update on that they were now

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Speaker 11: in behind. Here.

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Speaker 12: They were expecting a two to three percent lift in

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Speaker 12: revenue across domestic and US bound bookings. Now that has

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Speaker 12: not materialized, and the thing is they can't even see

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Speaker 12: it in their forward booking profile. It's yet another example, Mike,

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Speaker 12: of the sort of economic equivalent of waiting for god ot.

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Speaker 12: I mean, the whole country has been waiting for economic

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Speaker 12: salvation this year was just hasn't arrived. So there's fifty

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Speaker 12: million dollars of anticipated revue that hasn't come in. Unfortunately,

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Speaker 12: on the other side of the profit and loss. Their

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Speaker 12: engine lease costs have also been higher, so they now

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Speaker 12: expect a loss before taxation for the first half of

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Speaker 12: the twenty six financially in the range of thirty to

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Speaker 12: fifty five.

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Speaker 11: Million, so pretty disappointing.

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Speaker 12: They do caution against extrapolating that that sort of outcome

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Speaker 12: that run rate into the second.

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Speaker 11: Half of the year.

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Speaker 12: So in other words, they've got higher costs, they've got

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Speaker 12: subdued demand.

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Speaker 11: I think you're talking to the CEO. It's a tough,

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Speaker 11: tough gig for the incoming CEO.

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Speaker 12: It's interesting that they're also doing a share buy back

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Speaker 12: at the moment at the same time that they are

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Speaker 12: losing money.

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Speaker 11: So few things to talk about there.

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Speaker 2: Talk to me about you will talk to me about

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Speaker 2: AI and power because I'm fascinated and this and how

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Speaker 2: we're going ever going to do it as a country.

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Speaker 2: But generally it's a conversation globally.

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Speaker 11: Yeah, actually, so I want to sort of talk.

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Speaker 12: It's almost this is almost a cautionary tale of hype

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Speaker 12: might because there's definitely pockets of hype in the US

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Speaker 12: and global share markets at the moment, and overnight we've

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Speaker 12: seen evidence of this with things like the meme stocks.

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Speaker 11: I can't leave.

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Speaker 12: We're talking about this again, Crispy Kream. Apparently the retail

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Speaker 12: sharehold retail punters are all into that. Again, hype is

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Speaker 12: creeping into other places. Well, I find myself talking about

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Speaker 12: AI a lot at the moment. I'm no AI experts,

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Speaker 12: I'm learning, but I do often mention that there's pockets

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Speaker 12: of hype here as well, but also these downstream impacts,

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Speaker 12: and one of those is power generation. AI is hungry

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Speaker 12: for power. One company in the US has really ridden

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Speaker 12: that wave. It's a company called Oplow. Now, the reason

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Speaker 12: this is interesting because there's also this backstory. It's involved

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Speaker 12: in nuclear power. We've talked about nuclear It's also backed

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Speaker 12: by Sam Altman of Open I Fame, Open AI fame.

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Speaker 12: But it also has very close ties to the Trump administration,

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Speaker 12: the US Energy Secretary. Now, from a perspective of hype

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Speaker 12: mic this company has no revenue, no license to operate,

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Speaker 12: no binding contact to supply power.

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Speaker 11: But what do you think it's worth?

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Speaker 12: And it's listed on the York Stock Exchange twenty billion dollars, which,

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Speaker 12: if you want to see a definition of hype, here's

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Speaker 12: some hype and the share price in the last twelve

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Speaker 12: months has written written something like depending on where you

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Speaker 12: start one thousand, five hundred percent. But this is the

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Speaker 12: cautionary tale. In the last few days, all of a

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Speaker 12: sudden confidence is gone that they're going to be able

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Speaker 12: to do what they say they're going to do. Share

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Speaker 12: price has fallen by a third. So you know, I

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Speaker 12: was sitting on a plane the other day. I was

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Speaker 12: listening to people behind me talking about buying and selling shares.

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Speaker 11: There's a lot of that going on at the moment.

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Speaker 11: There's a lot of hype.

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Speaker 12: Listen to mister kelliher be careful out there, people be careful.

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Speaker 2: Good numbers play the Yeah, the.

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Speaker 11: US market's under a bit of pressure Day twenty two

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Speaker 11: of the.

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Speaker 12: Shutdown and Netflix down about ten percent, a bit of

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Speaker 12: a tax issue in Brazil. But also even though they've

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Speaker 12: got a strong performance in the background, a lot of

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Speaker 12: this is already reflected in.

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Speaker 11: These valuations anyway.

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Speaker 12: The Dow Jones down three hundred points forty six, six

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Speaker 12: hundred and twenty two, that's two thirty percent, the S

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Speaker 12: and P five hundred down points forty six points, sixty

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Speaker 12: six eighty nine, and the NASDAK down three hundred and

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Speaker 12: thirty eight points.

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Speaker 11: That's one and a half percent.

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Speaker 12: Twenty two thousand, six hundred and thirteen forty one hundred

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Speaker 12: up one percent ninety five one five small move in

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Speaker 12: the neck A four nine three oh seven. Shanata comps

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Speaker 12: also barely moved three nine one three The OSSI's yesterday

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Speaker 12: lost a point seven percent nine oh three. Oh the

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Speaker 12: clothes and ends it. It's fifty down just over half percent.

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Speaker 12: Thirteen thousand, three hundred and six Kimi dollar point five

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Speaker 12: seven four nine against the US point eight eight four nine,

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Speaker 12: Oussi point four nine four seven, Euro point four.

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Speaker 11: Two ninety nine against the pound eighty seven point two four.

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Speaker 12: Japanese yet gold slumping four thousand and fifty eight dollars

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Speaker 12: down seven or eight percent, and Brent crud sixty two

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Speaker 12: dollars and seventy two cents.

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Speaker 2: So you tomorrow, mate, Andrew Kella, he's sure and partner's

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Speaker 2: task Buigg give Ai Meta and Blue Owl. No, I've

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Speaker 2: never heard of the mine. That doesn't matter, but they've

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Speaker 2: done a deal, and that deal for Ai in a

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Speaker 2: project center that deals worth just the twenty seven billion

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Speaker 2: dollars meantime, Laboobo. If you can't afford gold Tulli. You

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Speaker 2: can have filled la booboo. They've got the many la

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Speaker 2: boo boos and they're going off. At the moment. Global

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Speaker 2: revenue for the three months to the end of September

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Speaker 2: two hundred and fifty percent increase. America is up twelve

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Speaker 2: hundred percent. Europe's up over seven hundred. The stock market

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Speaker 2: value for the company, which is popp Tart of course,

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Speaker 2: is now running at forty six billion dollars six twenty

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Speaker 2: one and a half. Edwin News Talk to.

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

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Speaker 1: by News Talks at.

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Speaker 2: B interesting that Lebubu is doing so well because Mattel isn't,

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Speaker 2: and they had a big miss yesterday. Their revenues down down,

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Speaker 2: sales are down some six percent. It's all to do

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Speaker 2: with the tariffs. Less than forty percent of Matel's product

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Speaker 2: will be sourced from China. They're trying to change it all,

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Speaker 2: but it's a problem for them. So Labuobuo they don't

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Speaker 2: seem to have a problem that Mattel does. Then I

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Speaker 2: note overnight that GM hot off their result yesterday, which

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Speaker 2: was quite a good one bar the ev division, which

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Speaker 2: is a disaster. But they're now claiming by twenty twenty eight,

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Speaker 2: so we're only about two years away that their Google

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Speaker 2: Gemini artificial intelligence is going to be rolled out their vehicles.

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Speaker 2: That's get it gets rolled out next year. But over

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Speaker 2: the next three years they're going to launch their eyes

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Speaker 2: off driving. This is what they're claiming. So it's different

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Speaker 2: to auto pilot. This is eyes off. This is like

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Speaker 2: you don't even need to do a thing. You can

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Speaker 2: you can sit in the boot if you want. And

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Speaker 2: this thing's apparently going to drive it.

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Speaker 13: Like kidnap yourself, yeah.

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Speaker 2: And tie yourself up in the boot and then go

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Speaker 2: poop poop all the time your car's eyes off driving.

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Speaker 2: Do you believe any of that's going to happen?

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Speaker 14: Six twenty five trending now quit chemist's warehouses and celebrate

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Speaker 14: big brands and biggest seatings.

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Speaker 2: Speaking of the state's compo time at the White House.

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Speaker 2: So the President's got on to Pam Bondi told her

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Speaker 2: to demand demand that the Justice Department cough up four

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Speaker 2: hundred million dollars why for the damages of course, the

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Speaker 2: damages payment the Trump wants for that federal and all

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Speaker 2: those and federal investigations into them. So we're talking about

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Speaker 2: the Russia investigation, Russia, Russia, Russia, as well as the

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Speaker 2: classified documents case that was the rate at Mari Lago.

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Speaker 3: I don't know what the numbers.

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Speaker 15: I don't even talk to them about it. All I

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Speaker 15: know is that they would owe me a lot of money.

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Speaker 10: But I'm not looking from money. I'd give it to charity.

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Speaker 15: Now with the country, it's interesting because I'm the where

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Speaker 15: that makes a decision, right and you know that decision

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Speaker 15: would have to go first my desk, and it's awfully

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Speaker 15: he's ranged to make a decision where I'm paying myself.

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Speaker 15: In other words, did you ever have one of those

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Speaker 15: cases where you have to decide how much you're paying

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Speaker 15: yourself and damages?

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Speaker 11: But I was damaged very greatly.

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Speaker 3: And any money that I would get I would give

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Speaker 3: to charity.

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Speaker 2: Okay, well, we'll see where that goes. He's off to Japan.

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Speaker 2: Apart from anything else, he's going to make the new

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Speaker 2: prime minister in the next couple of days, so it'll

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Speaker 2: be interesting to see where that goes. By the way,

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Speaker 2: reports this morning that Dizzy's alive. They thought Dizzy was dead,

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Speaker 2: but now Dizzey's alive. Dizzy's the bloke in Victoria. Mike

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Speaker 2: Bush's in charge of that. Mike Bush. By the way,

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Speaker 2: update joh on that Steve gave us the scoop yesterday

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Speaker 2: that Bush was in big trouble in Victoria for the helicopter.

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Speaker 2: So that developed yesterday become a major story in Australia. Anyway,

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Speaker 2: back to Dizzey, they thought he was dead. Now they

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Speaker 2: think he's alive again. He's cross border. He's cross border.

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Speaker 2: They don't know what border and where, so another way

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Speaker 2: down the slightest idea already is but they I do

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Speaker 2: think he's getting help. So that's very Tom Phillips. So

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Speaker 2: they now think Daisy is alive. That started an August.

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Speaker 2: By the way, news for you next Hered News Talk, zed.

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Speaker 1: B you're trusted Hove for news, Sports, entertainment, opinion, and

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Speaker 1: Mike the mic asking Breakfast with the Defender embraced the

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Speaker 1: impossible news.

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Speaker 2: Tog saed B and Camilla were back in Rome and

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Speaker 2: they would be just recently for the previous pope, of course,

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Speaker 2: but they're they're back this time to pray with the

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Speaker 2: new Pope, which will be the first in five hundred years,

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Speaker 2: so Joe with us on that shorty meantime at twenty

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Speaker 2: three to seven are big win for Zespriy and China.

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Speaker 2: So they've been successful. They're in court against a couple

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Speaker 2: of defendants involved in the unauthorized production, sale, and marketing

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Speaker 2: of that gold three Kiwi through so the defendants ordered

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Speaker 2: to remove two hundred and sixty hectares of the stuff

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Speaker 2: and pays Esbury one point two eight million dollars in damages.

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Speaker 2: Jason to Brake, of course, as the Zesbury CEO is

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Speaker 2: back with us, Jason Morning Morning White.

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Speaker 11: How are you very well?

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Speaker 2: Indeed? How much of the stuff goes on legally each

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Speaker 2: year around the world?

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Speaker 16: Uh?

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Speaker 17: Well, yes, China is the main area we see it.

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Speaker 17: There's about seven thousand hectares or just over that currently

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Speaker 17: in the ground in China. We've continue to monitor around

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Speaker 17: the world, but China is the main area we're seeing

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Speaker 17: it at the moment.

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Speaker 2: And how do you monitor do you have people on

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Speaker 2: the ground or does somebody dub somebody in or will.

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Speaker 17: Look you know, some of it's through our distribution network.

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Speaker 17: We hear it for our customer network through other growers,

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Speaker 17: but also in China we've obviously got a reasonable presence

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Speaker 17: on the ground there that are monitoring it, but also

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Speaker 17: just keeping open engagement with the industry to understand what's

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Speaker 17: happening there as well.

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Speaker 2: So if the seven thousand hectares there and you've just

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Speaker 2: won two sixty, you've got a way to go.

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Speaker 10: Yeah.

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Speaker 17: I mean this is a small element of how much

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Speaker 17: is there, but it's more of a landmark in terms

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Speaker 17: of winning seed law case. And it really does show

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Speaker 17: that China is starting to move around protecting IP rights

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Speaker 17: not only for trademarks but also plant variety rights in

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Speaker 17: this case. So it's a good move in the right direction.

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Speaker 2: That's what is going to ask. So this is precedent

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Speaker 2: setting and it's got a chilling effect, as they say

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Speaker 2: in legal circles.

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Speaker 17: Yeah, and it does also recognize that China is taking

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Speaker 17: more seriously around protecting particularly international company's IP rights, and

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Speaker 17: that makes it good for investment in China going forward

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Speaker 17: as well.

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Speaker 2: And so that's a recognition on their part that their

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Speaker 2: reputation internationally is not particularly flash in this area and

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Speaker 2: they might want to do something about it.

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Speaker 17: I think they're continuing to mature in that space. That's right.

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Speaker 17: We've seen a lot with our trademarks, so zespre trademarks

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Speaker 17: on gold trademark and they've been taking a lot of

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Speaker 17: action on that and now obviously with plant variety rights,

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Speaker 17: so it's continuing to mature in that space.

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Speaker 2: Does this cost you one point two eight million in damages?

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Speaker 2: I mean one, do you actually get the money and

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Speaker 2: do they actually rip the hec tears out? But does

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Speaker 2: that cover your costs?

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Speaker 17: So we've also had costs that we incurred a water

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Speaker 17: to us through this as well. So there's obviously the fine,

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Speaker 17: there's the costs incurred, but also the main thing for

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Speaker 17: us is the deterrent around pulling the fruit out of

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Speaker 17: the or the pulling the vines out of the ground

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Speaker 17: and not being able to sell the fruit good.

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Speaker 2: We've got those numbers the other day, by the way,

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Speaker 2: we haven't andy on since then. The I mean, you

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Speaker 2: guys are it's just laughing, isn't it. I mean, how

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Speaker 2: much more can you grow?

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Speaker 17: Look, we've got pretty strong growth ambitions, partly because we

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Speaker 17: have got strong demand around the world for naturally nutritious

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Speaker 17: product like ours. We've also got a lot of growth

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Speaker 17: markets that we're sort of really focused at the moment.

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Speaker 17: So look, there is more growth ahead of us. We

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Speaker 17: continue to work through that, but we're going to make

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Speaker 17: sure that we keep doing it at a high value level.

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Speaker 17: We don't want to erode the value of our returns either.

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Speaker 2: Couldn't agree more? Nice to catch up, appreciate it. Jason

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Speaker 2: to break who's the Zesprit CEO with us this morning?

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Speaker 2: Quick question, Mike, how can ten thousand health workers strike?

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Speaker 2: I don't know that that's the figure, but I'll believe

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Speaker 2: you in part complaining of unsafe conditions, while on the

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Speaker 2: other hand, say that vital services remain open, the public

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Speaker 2: will be safe. Does that seem ironic? Duncan Yes. And

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Speaker 2: though they reduce services, obviously, if you just wander on

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Speaker 2: in with a crook ankle, you're not going to get

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Speaker 2: seen today. A lot of management step in. It sort

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Speaker 2: of exposes the size of the health system of this country.

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Speaker 2: There's a true mendous number of people who aren't actually

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Speaker 2: on the front line. So they can reduce services, put

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Speaker 2: management into cover the bases, and buy and buy and

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Speaker 2: large they'll get through the day. Twenty two.

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

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Speaker 1: by newstalksp.

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Speaker 2: Right here's the news for you. Milford's done it again.

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Speaker 2: They've gone and pulled off a clean hat trick twenty

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Speaker 2: five clean hat trick, simple as that. So three three

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Speaker 2: can Star Qi Saber Awards, so they're not just your

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Speaker 2: average Qi Saber provider. They've been crowned the can Star

438
00:19:30,720 --> 00:19:34,120
Speaker 2: Qwi Saber Provider of the Year for the sixth year

439
00:19:34,200 --> 00:19:36,800
Speaker 2: running and also NABDA can Star Outstanding Value QI Saber

440
00:19:36,840 --> 00:19:39,199
Speaker 2: Scheme Award two book. And if that wasn't enough, they

441
00:19:39,280 --> 00:19:42,800
Speaker 2: received the can Stale Most Satisfied Customer Award for Kiwi

442
00:19:42,840 --> 00:19:44,400
Speaker 2: Saber and that's two years in a row. And that's

443
00:19:44,400 --> 00:19:47,240
Speaker 2: on top of winning the Consumer People's Choice Award for

444
00:19:47,359 --> 00:19:49,840
Speaker 2: eight years running. So they put their success down to

445
00:19:49,880 --> 00:19:52,200
Speaker 2: the skilled investment team of course, who focus on aiming

446
00:19:52,200 --> 00:19:55,840
Speaker 2: to deliver that strong risk adjusted return with the game

447
00:19:55,840 --> 00:19:57,960
Speaker 2: of putting their members in the best possible position, all

448
00:19:58,000 --> 00:20:01,240
Speaker 2: while delivering outstanding service. So if you're thinking it's time

449
00:20:01,280 --> 00:20:03,959
Speaker 2: for a change, Milford, an award winning provider with various

450
00:20:04,000 --> 00:20:07,080
Speaker 2: satisfied customers, are changing the old Kiwi Saber account. Couldn't

451
00:20:07,080 --> 00:20:09,240
Speaker 2: be easier. Once you've made a decision to switch to Milford,

452
00:20:09,320 --> 00:20:11,600
Speaker 2: jump on the website. You're going to be sorted in minutes.

453
00:20:11,640 --> 00:20:14,400
Speaker 2: Past performance, of course not reliable indicator of future performance.

454
00:20:14,560 --> 00:20:17,080
Speaker 2: But Milford Fund's Limited is the issuer of the Milford

455
00:20:17,119 --> 00:20:20,040
Speaker 2: keew Saber plan. So go to Milford Asset dot com

456
00:20:20,080 --> 00:20:23,640
Speaker 2: slash kiwisaber to read that product disclosure statement and make

457
00:20:23,800 --> 00:20:27,640
Speaker 2: the switch today. Pasking year Bush, he didn't do well yesterday.

458
00:20:28,200 --> 00:20:30,960
Speaker 2: Steve Price alerted it us to it. So he took

459
00:20:30,960 --> 00:20:33,800
Speaker 2: the helicopter. Mike Bush, I speak of once police commissioner.

460
00:20:33,840 --> 00:20:36,800
Speaker 2: He and our Victoria's police commissioner. He's apologized took the

461
00:20:36,840 --> 00:20:41,600
Speaker 2: Victoria Police air wing helicopter. Wrong decision, quote unquote, the

462
00:20:41,680 --> 00:20:44,080
Speaker 2: wrong decision. We should have looked harder for a commercial flight.

463
00:20:44,480 --> 00:20:46,679
Speaker 2: While there will be no or word no impacts on

464
00:20:46,720 --> 00:20:49,440
Speaker 2: our operational capacity, community safety, your financial cost of the

465
00:20:49,520 --> 00:20:52,359
Speaker 2: Victoria Police. As the flight fell within our contracted ours

466
00:20:52,359 --> 00:20:55,359
Speaker 2: with the air wing provider, it creates a poor impression

467
00:20:55,720 --> 00:20:59,440
Speaker 2: at a challenging time for our organization. So lesson learned.

468
00:20:59,440 --> 00:21:04,240
Speaker 14: Hopefully forty fart international correspondence with ends and eye insurance.

469
00:21:04,400 --> 00:21:07,200
Speaker 3: Peace of mind for New Zealand business Rome Joe mckinna,

470
00:21:07,200 --> 00:21:09,760
Speaker 3: how are you great, how are you, Mike?

471
00:21:10,040 --> 00:21:12,160
Speaker 2: Very well? And do Charles and Camilla that there only

472
00:21:12,160 --> 00:21:14,040
Speaker 2: there the other day for goodness sake with the back end,

473
00:21:14,080 --> 00:21:15,640
Speaker 2: and this will be a big deal, I mean first

474
00:21:15,680 --> 00:21:17,879
Speaker 2: first time in five hundred years, as I mean. So

475
00:21:17,920 --> 00:21:18,800
Speaker 2: that's history, isn't it.

476
00:21:19,600 --> 00:21:22,719
Speaker 18: Yes, So there's going to be a special ecumenical event

477
00:21:23,560 --> 00:21:26,800
Speaker 18: with the King, the King, King Charles and Pope Leo

478
00:21:26,920 --> 00:21:30,639
Speaker 18: of course, and inside the Sistine Chapel tomorrow they'll be

479
00:21:30,680 --> 00:21:33,840
Speaker 18: praying together, first time since King Henry the Eighth, who

480
00:21:33,880 --> 00:21:37,800
Speaker 18: remembers King Henry the eighth. But this is pretty exciting

481
00:21:38,000 --> 00:21:40,520
Speaker 18: and they've just landed. The King and Queen have just

482
00:21:40,640 --> 00:21:44,080
Speaker 18: landed in Rome this evening, looking very relaxed in the

483
00:21:44,080 --> 00:21:47,640
Speaker 18: photos and the images that I've seen. They will make

484
00:21:47,680 --> 00:21:51,720
Speaker 18: this historic visit to the Vatican tomorrow. His Majesty will

485
00:21:51,760 --> 00:21:55,760
Speaker 18: have private talks with Pope Leo before going into this

486
00:21:55,840 --> 00:21:59,160
Speaker 18: event in the Sisteine Chapel, and then after that they

487
00:21:59,200 --> 00:22:04,080
Speaker 18: will go to Saint Paul's outside the walls, a papal basilica,

488
00:22:04,640 --> 00:22:07,800
Speaker 18: where he will be honored with a special chair that's

489
00:22:07,840 --> 00:22:09,200
Speaker 18: been made in his honor.

490
00:22:09,400 --> 00:22:13,960
Speaker 2: Well that event specifically, aside if he wandered around Rome.

491
00:22:14,000 --> 00:22:15,720
Speaker 2: Would he draw a crowd to the British royals a

492
00:22:15,760 --> 00:22:19,000
Speaker 2: thing in Italy? That's funny you should say that.

493
00:22:19,480 --> 00:22:22,520
Speaker 18: I don't know that he would be immediately recognized on

494
00:22:22,560 --> 00:22:25,520
Speaker 18: the street. Having said that, he is quite a unique

495
00:22:25,920 --> 00:22:29,480
Speaker 18: kind of appearance, isn't he. I think there's a bit

496
00:22:29,520 --> 00:22:32,399
Speaker 18: of interest in the royals coming here. There's always interest

497
00:22:32,440 --> 00:22:35,040
Speaker 18: in Italy because we, of course no longer have a monarchy,

498
00:22:35,520 --> 00:22:38,639
Speaker 18: so there's always interest in royals when they come into Rome,

499
00:22:38,720 --> 00:22:41,640
Speaker 18: and fascination with the British monarchy exact.

500
00:22:41,720 --> 00:22:44,760
Speaker 2: Now. Tell me about maloney in the EU and the tariffs.

501
00:22:44,760 --> 00:22:46,760
Speaker 2: So this is a problem with being in a club

502
00:22:46,760 --> 00:22:48,359
Speaker 2: of twenty seven. Of course, you got to toe the

503
00:22:48,400 --> 00:22:50,440
Speaker 2: line until you don't. So what's she trying to cap

504
00:22:50,440 --> 00:22:50,879
Speaker 2: with Trump?

505
00:22:51,880 --> 00:22:52,240
Speaker 3: Well?

506
00:22:52,480 --> 00:22:55,040
Speaker 18: Yeah, she caused it a little bit of outrage over

507
00:22:55,080 --> 00:22:58,400
Speaker 18: the last few days because it looked like a social

508
00:22:58,440 --> 00:23:04,239
Speaker 18: media post from Trump suggested that she was pursuing a

509
00:23:04,280 --> 00:23:08,919
Speaker 18: direct trade agreement separate to the EU with Washington to

510
00:23:09,080 --> 00:23:14,720
Speaker 18: try and secure a deal decrease the lower the tariffs

511
00:23:14,720 --> 00:23:17,679
Speaker 18: that are being imposed. I don't know that's really achieved

512
00:23:17,760 --> 00:23:20,359
Speaker 18: very much, but she's got to face her colleagues in

513
00:23:20,440 --> 00:23:24,400
Speaker 18: Brussels tomorrow, so I don't think it's a terribly exciting

514
00:23:24,480 --> 00:23:29,800
Speaker 18: moment for her. This social media caption said that Georgia

515
00:23:29,840 --> 00:23:32,879
Speaker 18: or Maloney was challenging the EU and seeking a direct

516
00:23:32,920 --> 00:23:34,880
Speaker 18: trade deal, so not a good look for her.

517
00:23:35,119 --> 00:23:38,280
Speaker 2: So what would I mean? I mean, why would you

518
00:23:38,320 --> 00:23:40,760
Speaker 2: know this? But I mean Mozzarella. So if she did

519
00:23:40,800 --> 00:23:43,399
Speaker 2: a deal with Mozzarella directly with the US as opposed

520
00:23:43,400 --> 00:23:46,719
Speaker 2: to broad based European goods, can you do that? Or

521
00:23:46,840 --> 00:23:49,119
Speaker 2: you know, the rules don't allow you to do anything individual.

522
00:23:49,920 --> 00:23:52,800
Speaker 18: I think you can secure an individual deal. I don't

523
00:23:52,800 --> 00:23:55,119
Speaker 18: know what the rules are specifically, but it seems to

524
00:23:55,160 --> 00:23:57,000
Speaker 18: me that if you can do a deal, you can.

525
00:23:58,520 --> 00:24:00,600
Speaker 18: I think we'll find out more in the next few days.

526
00:24:00,640 --> 00:24:04,720
Speaker 18: But it's certainly still an issue of great concern in Italy,

527
00:24:04,760 --> 00:24:08,639
Speaker 18: particularly for pasta and wine and all those agricultural goods.

528
00:24:08,640 --> 00:24:11,000
Speaker 3: As you mentioned, for Bottrella three years.

529
00:24:11,200 --> 00:24:13,080
Speaker 2: I find it hard to believe she's been there three years.

530
00:24:13,080 --> 00:24:16,080
Speaker 2: I reckon she's been one of the great modern political surprises.

531
00:24:16,119 --> 00:24:17,639
Speaker 2: I give you this view from the other side of

532
00:24:17,640 --> 00:24:20,800
Speaker 2: the world. For what she was painted as some sort

533
00:24:20,800 --> 00:24:23,960
Speaker 2: of rabbid nut job of the right. She's actually done

534
00:24:23,960 --> 00:24:25,800
Speaker 2: pretty well, hasn't she.

535
00:24:25,800 --> 00:24:29,680
Speaker 18: She's done an extraordinary job of straddling all the different

536
00:24:29,760 --> 00:24:34,440
Speaker 18: interests across the political spectrum and creating this image, this

537
00:24:34,600 --> 00:24:39,320
Speaker 18: international image that we've seen, building alliances with people who

538
00:24:39,359 --> 00:24:42,920
Speaker 18: are very controversial like the US President Donald Trump, and

539
00:24:43,640 --> 00:24:50,080
Speaker 18: somehow navigating the complexity of those relationships while still portraying

540
00:24:50,119 --> 00:24:53,440
Speaker 18: herself as a very strong and popular leader. That doesn't

541
00:24:53,440 --> 00:24:54,480
Speaker 18: mean she doesn't.

542
00:24:56,160 --> 00:25:00,480
Speaker 2: Oh, she was just giving us the Maloney Special and

543
00:25:00,520 --> 00:25:02,280
Speaker 2: the future of because what I wanted to ask it

544
00:25:02,600 --> 00:25:06,119
Speaker 2: was is she more popular internationally than she is domestically?

545
00:25:06,760 --> 00:25:11,359
Speaker 2: Is it our system yet again? Is it the choice

546
00:25:11,400 --> 00:25:13,600
Speaker 2: here if we can have lights in the studio or

547
00:25:13,640 --> 00:25:16,719
Speaker 2: the WhatsApp working? It's it's not both things. It's that

548
00:25:16,760 --> 00:25:17,280
Speaker 2: how it works.

549
00:25:17,400 --> 00:25:20,760
Speaker 13: It's not what it's that, but yeah, it's everything's connected

550
00:25:20,800 --> 00:25:21,640
Speaker 13: to everything, mate.

551
00:25:22,359 --> 00:25:25,560
Speaker 2: As yeah it'll be for it's as the one in,

552
00:25:25,600 --> 00:25:28,000
Speaker 2: one out, one in thing is too funny for words.

553
00:25:28,280 --> 00:25:30,560
Speaker 2: So the migrant it's not just the one in, one out.

554
00:25:30,560 --> 00:25:31,879
Speaker 2: So the one in one out I go to the

555
00:25:31,920 --> 00:25:34,439
Speaker 2: UK and France here this is the illegal migrants. So

556
00:25:34,560 --> 00:25:36,520
Speaker 2: the one in one out is stupid enough as it

557
00:25:36,600 --> 00:25:39,280
Speaker 2: is because you're dealing with literally a handful of people.

558
00:25:39,320 --> 00:25:42,560
Speaker 2: You've got thousands going into Britain illegally by these small

559
00:25:42,600 --> 00:25:45,119
Speaker 2: boats every year. So they signed Macron and Star assigned

560
00:25:45,119 --> 00:25:47,680
Speaker 2: that stupid one in one out thing, And ever since

561
00:25:47,680 --> 00:25:50,040
Speaker 2: I got signed in July, so far forty two people,

562
00:25:50,440 --> 00:25:54,040
Speaker 2: I mean forty two people have allegedly gone the one

563
00:25:54,080 --> 00:25:56,480
Speaker 2: in one out. Anyway, the funny thing this morning is

564
00:25:56,480 --> 00:25:59,920
Speaker 2: one of the blokes, one of the outs, has come back.

565
00:26:02,160 --> 00:26:04,199
Speaker 2: So it was one and he was in and then

566
00:26:04,240 --> 00:26:06,159
Speaker 2: they rounded him up and he was an out and

567
00:26:06,200 --> 00:26:10,800
Speaker 2: now he's beckoning again. Ten minutes away from seven.

568
00:26:11,280 --> 00:26:15,040
Speaker 1: The light hosking breakfast with Bailey's real estate news talks.

569
00:26:15,040 --> 00:26:16,240
Speaker 3: They'd be answer me this.

570
00:26:16,880 --> 00:26:18,800
Speaker 2: So the reason we lost Joe is someone was trying

571
00:26:18,800 --> 00:26:21,000
Speaker 2: to ring Joe. So you're on your phone when somebody

572
00:26:21,040 --> 00:26:25,280
Speaker 2: rings you, your connection drops out. And at the same time,

573
00:26:26,080 --> 00:26:28,560
Speaker 2: general motors are going to do eyes off driving. I mean,

574
00:26:29,080 --> 00:26:32,000
Speaker 2: give me a break. And that's before my light. So

575
00:26:32,080 --> 00:26:33,840
Speaker 2: if you think so, I've had this light thing in

576
00:26:33,880 --> 00:26:38,840
Speaker 2: the studio for how many weeks? Months, six weeks, so

577
00:26:38,880 --> 00:26:39,359
Speaker 2: anyway the.

578
00:26:39,359 --> 00:26:41,080
Speaker 11: Lights go out, it's got to be longer than that.

579
00:26:41,359 --> 00:26:42,760
Speaker 2: Yeah, I reckon it's longer than that, but I was

580
00:26:42,760 --> 00:26:45,040
Speaker 2: trying to be nice about it anyway, So I moaned

581
00:26:45,080 --> 00:26:47,040
Speaker 2: one day and ago, these lights are old there, crap

582
00:26:47,080 --> 00:26:49,000
Speaker 2: fixed and put some new lights in. So they do,

583
00:26:49,640 --> 00:26:52,920
Speaker 2: and the new lights start breaking down almost immediately, and

584
00:26:52,960 --> 00:26:55,320
Speaker 2: so then I say, well, let's get some must be

585
00:26:55,400 --> 00:26:57,920
Speaker 2: under warranty. Well there's no warranty where we got the

586
00:26:58,000 --> 00:27:01,800
Speaker 2: lights from, straight from Timu anyway. So I'm sitting here

587
00:27:01,880 --> 00:27:05,200
Speaker 2: in the dark, and it's taken literally weeks to how

588
00:27:05,200 --> 00:27:06,960
Speaker 2: many people does it take to change the light bulb?

589
00:27:07,000 --> 00:27:08,480
Speaker 2: Well it doesn't really matter how many people, it's how

590
00:27:08,520 --> 00:27:11,120
Speaker 2: many weeks anyway, So they do one, so one's back,

591
00:27:11,119 --> 00:27:13,439
Speaker 2: the other one isn't anyway. They can only because the

592
00:27:13,520 --> 00:27:15,520
Speaker 2: lighting system in this building. Listen to this, with the

593
00:27:15,520 --> 00:27:19,640
Speaker 2: stupidest idea in the world. The lighting system in this building,

594
00:27:19,680 --> 00:27:21,639
Speaker 2: this was what what do you call this? An eco building?

595
00:27:21,800 --> 00:27:24,920
Speaker 2: Was going to save the world. Apparently eco building. Anyway,

596
00:27:25,080 --> 00:27:26,399
Speaker 2: You've got to turn off all the lights in the

597
00:27:26,440 --> 00:27:28,439
Speaker 2: whole building to change the lights in the studio. Have

598
00:27:28,520 --> 00:27:32,080
Speaker 2: you ever heard anything so stupid in your life? So

599
00:27:32,119 --> 00:27:33,760
Speaker 2: we got to wait for the week end crowd who

600
00:27:33,800 --> 00:27:36,200
Speaker 2: work in the dark anyway, So they're working in the

601
00:27:36,280 --> 00:27:38,159
Speaker 2: dark and Jason Pine wouldn't even know the difference. So

602
00:27:38,200 --> 00:27:39,600
Speaker 2: we turned all the lights in the building out to

603
00:27:39,600 --> 00:27:40,960
Speaker 2: put the one light back in the studio.

604
00:27:41,359 --> 00:27:43,560
Speaker 13: I saw them in here one day working on it.

605
00:27:43,720 --> 00:27:44,200
Speaker 2: Rubbish.

606
00:27:44,280 --> 00:27:45,159
Speaker 13: No, no, no, it did not.

607
00:27:45,520 --> 00:27:45,800
Speaker 10: I did.

608
00:27:46,160 --> 00:27:49,520
Speaker 13: There were three people too, Interestingly, two of them were

609
00:27:49,520 --> 00:27:50,600
Speaker 13: wearing high Viz.

610
00:27:50,840 --> 00:27:51,719
Speaker 2: Did they have a ladder?

611
00:27:51,920 --> 00:27:52,919
Speaker 13: Yes, there was a ladder.

612
00:27:52,960 --> 00:27:53,840
Speaker 2: Do they have scaffolding?

613
00:27:54,680 --> 00:27:58,080
Speaker 13: No scaffolding and then and no cones as far as

614
00:27:58,119 --> 00:28:00,760
Speaker 13: I could tell, no warning signs or anything like that.

615
00:28:01,080 --> 00:28:05,080
Speaker 13: But why only two of the three in high Vers.

616
00:28:04,240 --> 00:28:07,960
Speaker 13: The person who wasn't wearing high Vers had a laptop.

617
00:28:09,119 --> 00:28:11,359
Speaker 13: They sat on the floor and they were gaming. That

618
00:28:11,480 --> 00:28:17,000
Speaker 13: was a she oh to your sexiest there she yeah,

619
00:28:17,080 --> 00:28:18,840
Speaker 13: as she was doing something with the laptop while the

620
00:28:18,920 --> 00:28:20,920
Speaker 13: high Verse guys were going up. And actually one of

621
00:28:20,960 --> 00:28:22,800
Speaker 13: the high Vers guys just appeared to be sort of

622
00:28:22,800 --> 00:28:24,240
Speaker 13: supervising and everything else.

623
00:28:24,359 --> 00:28:25,919
Speaker 2: Did we have a stop going to get in the studio,

624
00:28:25,960 --> 00:28:28,720
Speaker 2: which we had to stop go five minutes away from seven.

625
00:28:29,440 --> 00:28:30,760
Speaker 3: The ins and the ouse.

626
00:28:31,040 --> 00:28:35,160
Speaker 1: It's the fizz with business Faber, take your business productivity

627
00:28:35,240 --> 00:28:36,200
Speaker 1: to the next level.

628
00:28:36,240 --> 00:28:40,040
Speaker 2: And here's the thing. The lights still not faxed. Lonely

629
00:28:40,080 --> 00:28:42,280
Speaker 2: Planet this morning have got one of their annual lists.

630
00:28:42,320 --> 00:28:43,720
Speaker 2: I'm glad we don't have much time left for this

631
00:28:43,800 --> 00:28:46,400
Speaker 2: because this is a stupid list. Best travel in twenty

632
00:28:46,440 --> 00:28:48,760
Speaker 2: twenty six lists. Right, So you're looking forward to something,

633
00:28:48,840 --> 00:28:51,800
Speaker 2: you know, specific, something interesting. Well, what are they recommending.

634
00:28:52,040 --> 00:28:56,200
Speaker 2: They're recommending the North Island. That's it. Nothing specific in

635
00:28:56,240 --> 00:28:57,959
Speaker 2: the North Island, just the whole North Island. Just go

636
00:28:58,080 --> 00:29:01,640
Speaker 2: visit the North Island experiences. We make the list on

637
00:29:01,680 --> 00:29:05,120
Speaker 2: the experiences. They recommend go star gazing in the wire wrapper.

638
00:29:05,240 --> 00:29:08,560
Speaker 2: That'll be nice. Also, sampling some of the country's finest wines.

639
00:29:09,000 --> 00:29:11,600
Speaker 2: Sampling wines in a wine region's really not a list.

640
00:29:11,600 --> 00:29:13,440
Speaker 2: It's not a thing. You don't get to be the

641
00:29:13,480 --> 00:29:15,360
Speaker 2: Lonely Planet to go where do they grow the wine?

642
00:29:15,360 --> 00:29:17,160
Speaker 2: Why don't you sample the wine and the wine region?

643
00:29:17,200 --> 00:29:20,320
Speaker 2: What a stupid thing. Across the ditch the Flinders Rangers

644
00:29:20,400 --> 00:29:22,480
Speaker 2: out back of South Australia is a destination. Quite a

645
00:29:22,480 --> 00:29:24,760
Speaker 2: lot of outback, not really specific as they just go

646
00:29:24,800 --> 00:29:28,920
Speaker 2: to the outback in South Australia experiences. The Bathing Trail

647
00:29:29,040 --> 00:29:33,840
Speaker 2: in Victoria. Never heard of it or savor the exciting

648
00:29:33,960 --> 00:29:35,800
Speaker 2: food scene in Melbourne. So, in other words, go to

649
00:29:35,800 --> 00:29:37,840
Speaker 2: a cafe in Melbourne. When you're in Melbourne, go eat

650
00:29:37,840 --> 00:29:41,360
Speaker 2: some food. This is lonely planet. But what a load

651
00:29:41,400 --> 00:29:47,600
Speaker 2: of crap. And then got to the book where I

652
00:29:47,640 --> 00:29:50,240
Speaker 2: have to cover the strike shortly. I don't know that

653
00:29:50,280 --> 00:29:52,960
Speaker 2: I'm going to make them, make them mind you. I'm

654
00:29:53,000 --> 00:29:57,240
Speaker 2: not the CEO of their New Zealand, and Nikkel Rabishanka is.

655
00:29:57,720 --> 00:30:00,240
Speaker 2: And he starts his job with the opening interview his

656
00:30:00,320 --> 00:30:02,760
Speaker 2: tenure with the Mike Hosking Breakfast, having given us the

657
00:30:02,840 --> 00:30:05,440
Speaker 2: update yesterday on how things aren't going that well, so

658
00:30:05,720 --> 00:30:08,440
Speaker 2: we'll talk to him after eight. Meantime, the news is

659
00:30:08,480 --> 00:30:10,600
Speaker 2: next here on the Mike Hosking Breakfast.

660
00:30:12,520 --> 00:30:16,440
Speaker 1: The newsmakers and the personalities, the big names talk to

661
00:30:16,600 --> 00:30:20,680
Speaker 1: Mike the mic Hosking Breakfast with Bailey's real estate finding

662
00:30:20,720 --> 00:30:21,280
Speaker 1: the buyers.

663
00:30:21,400 --> 00:30:22,560
Speaker 3: Others can't use togs.

664
00:30:22,560 --> 00:30:25,000
Speaker 2: He'd be only seven past seven, so almost like a telethon.

665
00:30:25,040 --> 00:30:27,040
Speaker 2: Today's strike action has been built up to a mass

666
00:30:27,080 --> 00:30:30,040
Speaker 2: hysteria type crescendo. They claim the biggest industri real action

667
00:30:30,160 --> 00:30:32,600
Speaker 2: of forty years, an estimate of one hundred thousand nurses, teachers,

668
00:30:32,600 --> 00:30:35,520
Speaker 2: medical stuff, as well as the aggrieved places like ACC.

669
00:30:36,080 --> 00:30:38,640
Speaker 2: David Seymour, Deputy Prime Minister, of course, but also Associate

670
00:30:38,680 --> 00:30:42,000
Speaker 2: Health and Education is with us, good morning, good morning.

671
00:30:42,120 --> 00:30:45,760
Speaker 2: How much of this is genuine grievance versus how much

672
00:30:45,760 --> 00:30:48,040
Speaker 2: of this is making a political statement against the government

673
00:30:48,040 --> 00:30:48,560
Speaker 2: they don't like.

674
00:30:50,040 --> 00:30:51,719
Speaker 16: We'll put it this way. I don't think that there

675
00:30:51,720 --> 00:30:54,280
Speaker 16: would be a member of our cabinet who doesn't want

676
00:30:54,320 --> 00:30:59,040
Speaker 16: to pay nurses, teachers, doctors as much as possible. On

677
00:30:59,120 --> 00:31:01,800
Speaker 16: the other hand, it seems to be a disconnect between

678
00:31:01,840 --> 00:31:04,960
Speaker 16: what some of these unions and the union leadership are

679
00:31:04,960 --> 00:31:09,200
Speaker 16: demanding versus the reality that most New Zealanders, including those

680
00:31:09,600 --> 00:31:12,600
Speaker 16: who have to pay the taxes to fund these services,

681
00:31:13,040 --> 00:31:17,480
Speaker 16: are actually facing. They seem to be demanding things that

682
00:31:18,040 --> 00:31:21,560
Speaker 16: aren't a reality for most of those people who pay

683
00:31:21,600 --> 00:31:24,240
Speaker 16: the taxes and actually need the education and health services.

684
00:31:24,280 --> 00:31:27,840
Speaker 16: I mean, you take a look at nurses start on

685
00:31:27,880 --> 00:31:33,120
Speaker 16: seventy five thousand under one offer they've received. By next year,

686
00:31:33,840 --> 00:31:36,200
Speaker 16: a starting nurse would be on eighty six after going

687
00:31:36,280 --> 00:31:38,520
Speaker 16: up a step and getting an increase that's been offered.

688
00:31:39,400 --> 00:31:41,080
Speaker 16: On the other hand, you look at teachers, you know,

689
00:31:41,120 --> 00:31:43,560
Speaker 16: fourteen and a half percent in the last three years.

690
00:31:44,560 --> 00:31:47,800
Speaker 16: These are not the kind of conditions that most New

691
00:31:47,920 --> 00:31:51,240
Speaker 16: Zealanders have faced, and so I think there needs to

692
00:31:51,280 --> 00:31:54,200
Speaker 16: be a question of are these guys facing up to

693
00:31:54,240 --> 00:31:57,240
Speaker 16: the reality that all New Zealanders face right now trying

694
00:31:57,240 --> 00:31:59,600
Speaker 16: to solve problems, which is what the government is trying

695
00:31:59,640 --> 00:32:02,760
Speaker 16: to do, fixing one thing after another or making a

696
00:32:02,800 --> 00:32:05,200
Speaker 16: political point, and that I think is where a lot

697
00:32:05,200 --> 00:32:07,680
Speaker 16: of the frustration for people in the government but also

698
00:32:07,680 --> 00:32:09,960
Speaker 16: in New Zealand is up and down the country are facing.

699
00:32:09,800 --> 00:32:12,160
Speaker 2: Well is it? Because if you believe that poll yesterday,

700
00:32:12,160 --> 00:32:13,840
Speaker 2: which I actually don't because I think it was opted

701
00:32:13,840 --> 00:32:15,600
Speaker 2: in at only four hundred, but I mean the majority

702
00:32:15,640 --> 00:32:17,680
Speaker 2: of people actually back the strike. They think they've got

703
00:32:17,680 --> 00:32:21,080
Speaker 2: a case. Your argument that you just outlaid as landed flat.

704
00:32:22,600 --> 00:32:24,800
Speaker 16: I think if you were to ask people should doctors

705
00:32:24,800 --> 00:32:27,360
Speaker 16: and teachers be paid more or nurses, of course they

706
00:32:27,360 --> 00:32:30,360
Speaker 16: would say yes. On the other hand, if you put

707
00:32:30,400 --> 00:32:35,320
Speaker 16: it to them, should we be demanded to give payoffers

708
00:32:35,400 --> 00:32:38,280
Speaker 16: that are completely out of proportion with what most people

709
00:32:38,280 --> 00:32:40,440
Speaker 16: in the New Zealand economy have faced in the last

710
00:32:40,440 --> 00:32:43,640
Speaker 16: three years, then they would say, well, actually, I'm not

711
00:32:43,680 --> 00:32:44,440
Speaker 16: sure that's fair.

712
00:32:44,600 --> 00:32:47,240
Speaker 2: No, you have spent the government have spent the best

713
00:32:47,240 --> 00:32:49,040
Speaker 2: part of the last week saying come back to the table,

714
00:32:49,040 --> 00:32:50,640
Speaker 2: come back to the table, come back to the table.

715
00:32:50,760 --> 00:32:53,200
Speaker 2: Have they responded the unions responded to that in any way,

716
00:32:53,240 --> 00:32:53,760
Speaker 2: shape or form.

717
00:32:54,840 --> 00:32:57,000
Speaker 16: Well, it's been mixed, but you can see from the

718
00:32:57,040 --> 00:33:01,200
Speaker 16: fact the strike's going ahead even after forful this morning

719
00:33:01,240 --> 00:33:04,600
Speaker 16: the Public Services Commissioner said, Look, we're prepared to work

720
00:33:04,640 --> 00:33:07,760
Speaker 16: through the weekend. We think we're there with the teachers,

721
00:33:08,440 --> 00:33:10,400
Speaker 16: but they're not at the table. They're striking. So I

722
00:33:10,440 --> 00:33:12,040
Speaker 16: think that tells you everything you need to know.

723
00:33:12,520 --> 00:33:14,520
Speaker 2: Roche is on holiday. Is that a thing in your

724
00:33:14,600 --> 00:33:15,120
Speaker 2: mind or not?

725
00:33:16,880 --> 00:33:19,880
Speaker 16: Well, I don't know his full personal circumstances or what's

726
00:33:19,920 --> 00:33:22,560
Speaker 16: led to that, so I shouldn't comment on it. But

727
00:33:22,640 --> 00:33:24,640
Speaker 16: he's made it clear that he's available. I see he

728
00:33:24,760 --> 00:33:28,560
Speaker 16: was available being interviewed this morning, so he may be

729
00:33:29,360 --> 00:33:31,600
Speaker 16: across the ditch, but he's still very much on the job.

730
00:33:31,920 --> 00:33:34,160
Speaker 2: Where does this go post today? We will go back

731
00:33:34,160 --> 00:33:36,280
Speaker 2: to work, probably not tomorrow for the teachers, but by

732
00:33:36,360 --> 00:33:38,800
Speaker 2: tuesday we'll get back then. What we just do, what

733
00:33:38,960 --> 00:33:39,440
Speaker 2: carry on?

734
00:33:40,680 --> 00:33:43,720
Speaker 16: Well, at some point these union organizers are going to

735
00:33:43,760 --> 00:33:46,320
Speaker 16: have to face the reality we'd like to pay as

736
00:33:46,400 --> 00:33:48,960
Speaker 16: much as we can, we also have to balance the

737
00:33:49,000 --> 00:33:51,120
Speaker 16: needs of all those other New Zealanders who actually pay

738
00:33:51,160 --> 00:33:56,160
Speaker 16: the taxes, who almost universally haven't had increases in anything

739
00:33:56,360 --> 00:33:59,640
Speaker 16: like what they're asking for. And at some point when

740
00:33:59,640 --> 00:34:02,040
Speaker 16: that real sinks and we can get back to fixing

741
00:34:02,080 --> 00:34:05,040
Speaker 16: what matters and living our lives in New Zealand. But

742
00:34:05,120 --> 00:34:07,920
Speaker 16: the idea that's, you know, because you know, like something

743
00:34:07,960 --> 00:34:11,440
Speaker 16: you can make a political pantomime like they appear to

744
00:34:11,440 --> 00:34:14,040
Speaker 16: be attempting. I just don't think that will wash.

745
00:34:14,120 --> 00:34:16,600
Speaker 2: All right, appreciate time. David Seymour, who's the Associate Health

746
00:34:16,600 --> 00:34:19,520
Speaker 2: and Education Minister today? Do you believe the poll yesterday

747
00:34:19,520 --> 00:34:21,400
Speaker 2: the Torbert Mills Pole four hundred people? I think was

748
00:34:21,400 --> 00:34:23,959
Speaker 2: often but but on I can't even remember the number

749
00:34:23,960 --> 00:34:25,920
Speaker 2: because I wasn't that interested. It was about sixty sixty

750
00:34:25,920 --> 00:34:29,040
Speaker 2: five percent allegedly supported the strike. When you broke it

751
00:34:29,120 --> 00:34:31,440
Speaker 2: down for people who support the coalition versus people who

752
00:34:31,440 --> 00:34:34,080
Speaker 2: don't support the coalition. People who support the coalition, it

753
00:34:34,160 --> 00:34:36,680
Speaker 2: was even stevens And of course most of the support

754
00:34:36,719 --> 00:34:40,680
Speaker 2: came from the other side of the camp eleven past seven, Mike,

755
00:34:40,719 --> 00:34:43,080
Speaker 2: I'm sick of these strikes. Call their bluff. Next off,

756
00:34:43,080 --> 00:34:44,840
Speaker 2: it should be a pay cut. The country can't afford

757
00:34:44,880 --> 00:34:46,959
Speaker 2: it anyway they earn as much like teachers are pushing

758
00:34:47,080 --> 00:34:50,320
Speaker 2: their luck. It has got to a fascinating thing, or

759
00:34:50,320 --> 00:34:52,560
Speaker 2: a fascinating stage, or a fascinating time. As far as

760
00:34:52,640 --> 00:34:54,719
Speaker 2: I can work out that those numbers that David gave

761
00:34:54,760 --> 00:34:57,359
Speaker 2: the early Day numbers were interesting. But when sixty six

762
00:34:57,400 --> 00:35:01,640
Speaker 2: percent of teachers are on a six figure salary in

763
00:35:01,680 --> 00:35:03,880
Speaker 2: a country where the average salary is seventy two seventy

764
00:35:03,920 --> 00:35:06,960
Speaker 2: three thousand dollars, at some point someone's got to go,

765
00:35:07,000 --> 00:35:11,000
Speaker 2: wait a minute, is this reasonable? Anyway more on this

766
00:35:11,040 --> 00:35:13,680
Speaker 2: before the half hour is out. Now. The other thing,

767
00:35:13,719 --> 00:35:15,759
Speaker 2: speaking of money, there seems to be a great deal

768
00:35:15,760 --> 00:35:17,920
Speaker 2: of consternation around the eighteen month at the moment four

769
00:35:17,960 --> 00:35:21,000
Speaker 2: point four to five. So as I think, ASB started

770
00:35:21,000 --> 00:35:23,400
Speaker 2: at B and Z followed up yesterday, what we're building

771
00:35:23,440 --> 00:35:25,000
Speaker 2: or what the banks are building up to, is the

772
00:35:25,040 --> 00:35:27,759
Speaker 2: anticipation of at least twenty five points for November from

773
00:35:27,800 --> 00:35:31,480
Speaker 2: the Reserve Bank. So just understand how this works. Because

774
00:35:31,520 --> 00:35:33,960
Speaker 2: a lot of people are still laboring under the idea

775
00:35:33,960 --> 00:35:35,880
Speaker 2: that when the Reserve Bank makes an announcement, as they

776
00:35:35,920 --> 00:35:38,480
Speaker 2: will next month, all the banks then follow suit. What

777
00:35:38,520 --> 00:35:41,319
Speaker 2: the banks are doing is building this in already. They're

778
00:35:41,360 --> 00:35:46,080
Speaker 2: anticipating the twenty five. It's probably it. After twenty five,

779
00:35:46,120 --> 00:35:49,520
Speaker 2: there is no more. So what we're getting to or

780
00:35:49,640 --> 00:35:53,319
Speaker 2: heading towards, is probably going to be as good as

781
00:35:53,360 --> 00:35:55,440
Speaker 2: it gets mortgage wise. So B and Z just to

782
00:35:55,440 --> 00:35:58,080
Speaker 2: give you a flavor, six month at four seven nine,

783
00:35:58,120 --> 00:36:01,360
Speaker 2: two years at four to four nine, four year at

784
00:36:01,400 --> 00:36:04,240
Speaker 2: four nine nine. The five years down by forty basis

785
00:36:04,239 --> 00:36:08,399
Speaker 2: points to four nine nine. I reckon, here's my pack

786
00:36:08,920 --> 00:36:12,759
Speaker 2: before this thing's over, and it'll be before Christmas. I

787
00:36:12,800 --> 00:36:14,960
Speaker 2: don't know where it's going to be in terms of length,

788
00:36:15,600 --> 00:36:18,600
Speaker 2: but someone's going to come in at a three three

789
00:36:19,040 --> 00:36:21,719
Speaker 2: nine nine. Come back and talk to Don McKinnon at

790
00:36:21,719 --> 00:36:22,960
Speaker 2: a moment thirteen past.

791
00:36:24,120 --> 00:36:28,480
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered

792
00:36:28,560 --> 00:36:29,480
Speaker 1: by News Talks at B.

793
00:36:30,280 --> 00:36:33,000
Speaker 2: The new CEO for Any New Zealand, Nicol Rebishanka, started

794
00:36:33,000 --> 00:36:35,120
Speaker 2: this week. His first interview was this morning after eight

795
00:36:35,120 --> 00:36:38,240
Speaker 2: o'clock and after yesterday's update. He has got a big,

796
00:36:38,400 --> 00:36:40,200
Speaker 2: big job in front of him. So look forward to

797
00:36:40,360 --> 00:36:42,840
Speaker 2: meeting him after eight sixteen past seventh. Friends and family.

798
00:36:42,920 --> 00:36:45,480
Speaker 2: Of course, today farewell Jim Bolgia funeral is going to

799
00:36:45,480 --> 00:36:47,480
Speaker 2: be held at the local Catholic parish and Capiti. Sir

800
00:36:47,520 --> 00:36:49,319
Speaker 2: Don McKinnon will be speaking. He's with us.

801
00:36:49,360 --> 00:36:49,480
Speaker 7: Don.

802
00:36:49,520 --> 00:36:51,879
Speaker 10: Good morning to you, Good morning to you, mate.

803
00:36:51,880 --> 00:36:53,359
Speaker 2: A lot of very nice things have been said about

804
00:36:53,400 --> 00:36:55,520
Speaker 2: Jim Bolder, and I suppose rightly so over these last

805
00:36:55,520 --> 00:36:58,040
Speaker 2: few days. Have you been pleased to hear them?

806
00:36:58,800 --> 00:37:01,400
Speaker 19: I have been pleased here of them because certainly at

807
00:37:01,400 --> 00:37:03,640
Speaker 19: the time that he was Prime Minister, he never got

808
00:37:04,040 --> 00:37:08,640
Speaker 19: those kind of accolades on a continuous run. And what

809
00:37:08,680 --> 00:37:11,160
Speaker 19: you've been hearing recently is pretty much the man as

810
00:37:11,200 --> 00:37:11,799
Speaker 19: we knew him.

811
00:37:12,040 --> 00:37:15,600
Speaker 2: Indeed, you helped out, I wonder, and I mean you

812
00:37:15,640 --> 00:37:17,840
Speaker 2: won't agree with me necessarily publicly, but I mean the

813
00:37:17,880 --> 00:37:20,000
Speaker 2: fact that you never wanted to roll them knife and

814
00:37:20,000 --> 00:37:22,200
Speaker 2: be the boss. I mean you were a good combination,

815
00:37:22,280 --> 00:37:22,680
Speaker 2: won't you.

816
00:37:24,239 --> 00:37:25,640
Speaker 10: Well? I hope so, I hope so.

817
00:37:25,719 --> 00:37:28,440
Speaker 19: And I still say that if any leader has a

818
00:37:28,480 --> 00:37:32,440
Speaker 19: deputy whose aspirations for the leadership are very strong, you

819
00:37:32,480 --> 00:37:34,719
Speaker 19: will have a permanent destabilization.

820
00:37:35,080 --> 00:37:36,840
Speaker 10: And that's not a good thing for the country.

821
00:37:37,080 --> 00:37:40,040
Speaker 2: Chris Flinlayson wrote very nicely about him the Herald yesterday.

822
00:37:40,080 --> 00:37:44,520
Speaker 2: He concluded that Fraser aside bold, you would be right

823
00:37:44,560 --> 00:37:45,840
Speaker 2: up there, would that be your assessment?

824
00:37:47,280 --> 00:37:49,520
Speaker 19: Well, I certainly say so, And I agree with someone

825
00:37:49,560 --> 00:37:51,600
Speaker 19: else who said a couple of years ago that of

826
00:37:51,719 --> 00:37:56,200
Speaker 19: the five farmer prime ministers, he was certainly the best

827
00:37:56,200 --> 00:38:00,840
Speaker 19: of all of them because he just had a broader mind.

828
00:38:01,040 --> 00:38:04,520
Speaker 19: It wasn't just about farming, it was about the whole country.

829
00:38:04,640 --> 00:38:07,320
Speaker 2: Yeah, it's one of them. It appeals to me personally,

830
00:38:07,360 --> 00:38:10,720
Speaker 2: this idea that you can leave school young but still

831
00:38:10,840 --> 00:38:13,239
Speaker 2: rise to be the leader of the country. I mean,

832
00:38:13,280 --> 00:38:15,759
Speaker 2: that's a fantastic thing for New Zealand. I just wonder

833
00:38:15,800 --> 00:38:17,080
Speaker 2: if it was a time and place thing and it

834
00:38:17,080 --> 00:38:19,000
Speaker 2: wouldn't even be remotely possible today.

835
00:38:20,200 --> 00:38:24,240
Speaker 19: Well, I hope it is possible, because you know, people

836
00:38:24,280 --> 00:38:25,919
Speaker 19: that have a pretty good IQ.

837
00:38:26,719 --> 00:38:28,600
Speaker 10: I suppose inherently.

838
00:38:28,680 --> 00:38:31,560
Speaker 19: They're capable of learning every day of their lives and

839
00:38:31,640 --> 00:38:34,160
Speaker 19: if they are in the right environment, it may not

840
00:38:34,320 --> 00:38:37,040
Speaker 19: be a formal education environment. If they're in the right

841
00:38:37,120 --> 00:38:41,080
Speaker 19: environment and they continue learning, they are curious, they want

842
00:38:41,120 --> 00:38:44,440
Speaker 19: to know things, they ask questions, They've got every chance

843
00:38:44,440 --> 00:38:45,440
Speaker 19: of rising to the top.

844
00:38:46,200 --> 00:38:47,600
Speaker 10: I think it's worthwhile adding my.

845
00:38:50,880 --> 00:38:51,680
Speaker 2: Got to be kidding.

846
00:38:51,719 --> 00:38:54,799
Speaker 19: I mean so with Paul keating in Australia, none of

847
00:38:54,840 --> 00:38:56,320
Speaker 19: them had a university degree.

848
00:38:56,520 --> 00:39:00,000
Speaker 2: No exactly is it fair to I think you will

849
00:39:00,000 --> 00:39:02,480
Speaker 2: alluded to it. Is it fair to observe that at

850
00:39:02,520 --> 00:39:06,400
Speaker 2: the time he wasn't loved and maybe that the fullness

851
00:39:06,400 --> 00:39:08,520
Speaker 2: of time have allowed a number of people to come

852
00:39:08,560 --> 00:39:10,440
Speaker 2: to a slightly different conclusion that they might have had

853
00:39:10,480 --> 00:39:10,960
Speaker 2: at the moment.

854
00:39:12,200 --> 00:39:12,959
Speaker 10: I think you're right.

855
00:39:13,160 --> 00:39:15,600
Speaker 19: Some prime mierists all love more than those I think

856
00:39:15,680 --> 00:39:18,960
Speaker 19: David Lnger is loved by many. I wouldn't say he

857
00:39:19,000 --> 00:39:22,480
Speaker 19: was a great prime minister at all. No, the bulger

858
00:39:22,520 --> 00:39:25,759
Speaker 19: that we knew wasn't seen the same way by the

859
00:39:25,800 --> 00:39:26,520
Speaker 19: general public.

860
00:39:26,840 --> 00:39:28,880
Speaker 2: No. Is the weather going to be a thing today?

861
00:39:28,920 --> 00:39:31,080
Speaker 2: I mean with all these read alerts and you've got

862
00:39:31,120 --> 00:39:32,920
Speaker 2: to stay home in public transport is not on. How

863
00:39:32,960 --> 00:39:34,319
Speaker 2: come a thousand people are going to be able to

864
00:39:34,320 --> 00:39:35,279
Speaker 2: turn up the capital case.

865
00:39:36,600 --> 00:39:38,680
Speaker 19: I think a lot of people will have second thoughts

866
00:39:38,719 --> 00:39:41,759
Speaker 19: about wanting to go unless they know they're going to

867
00:39:41,760 --> 00:39:44,080
Speaker 19: get inside the building, or they've got a seat somewhere

868
00:39:44,120 --> 00:39:45,000
Speaker 19: that's safe.

869
00:39:45,480 --> 00:39:48,520
Speaker 10: They may have second thoughts, but look that's fully understood.

870
00:39:48,680 --> 00:39:50,480
Speaker 2: Yeah, good on, you're done. Nice to catch uppreciate it

871
00:39:50,560 --> 00:39:53,600
Speaker 2: very much so. Don McKinnon, former Deputy Prime Minister, who

872
00:39:53,600 --> 00:39:57,000
Speaker 2: will be speaking at the Bulger funeral today. Mike, I'm

873
00:39:57,000 --> 00:39:59,400
Speaker 2: a former teacher and a former school principal and ongoing

874
00:39:59,400 --> 00:40:02,160
Speaker 2: on and remember the teacher's union. I'm embarrassed about the strike,

875
00:40:02,760 --> 00:40:04,960
Speaker 2: as indeed you should be, Mike. It's not about wages

876
00:40:05,000 --> 00:40:07,920
Speaker 2: for the nurses. It's about understaffing. What rubbish to stop

877
00:40:07,960 --> 00:40:11,640
Speaker 2: saying that. If it's about understaffing, don't ask for money.

878
00:40:11,880 --> 00:40:14,400
Speaker 2: Say I'll forego the money to hire more staff. But

879
00:40:14,440 --> 00:40:15,879
Speaker 2: you're not going to say that, are you. I mean,

880
00:40:15,880 --> 00:40:20,040
Speaker 2: of course it's about understaffing. Everyone's understaff everyone's stressed, everyone's miserable.

881
00:40:20,239 --> 00:40:22,719
Speaker 2: No one likes their job. Is there anyone in this

882
00:40:22,760 --> 00:40:25,160
Speaker 2: country that actually like apart from me, that likes their job.

883
00:40:25,920 --> 00:40:28,719
Speaker 2: Because it's always not about understaffing, then don't ask for

884
00:40:28,760 --> 00:40:31,040
Speaker 2: more money, Mike. My friend's daughter's twenty three, a nurse

885
00:40:31,040 --> 00:40:33,319
Speaker 2: at Auckland Hospital. I was shocked to learn you into

886
00:40:33,280 --> 00:40:35,759
Speaker 2: one hundred and five thousand dollars. Many people don't do

887
00:40:35,760 --> 00:40:40,120
Speaker 2: anything like that. That's true. I don't deny, you know,

888
00:40:40,239 --> 00:40:41,960
Speaker 2: I'm good on them. If they can earn one hundred

889
00:40:41,960 --> 00:40:44,319
Speaker 2: and five thousand dollars as a nurse, fantastic. I wish

890
00:40:44,400 --> 00:40:46,200
Speaker 2: nurses we running two undred thousand dollars a year. But

891
00:40:46,200 --> 00:40:49,440
Speaker 2: there's a twofold problem here. One is that we're broke

892
00:40:49,719 --> 00:40:52,880
Speaker 2: is a country and we can't afford it. Two is

893
00:40:52,640 --> 00:40:56,600
Speaker 2: this cost accounting business we've got going whereby we just

894
00:40:56,680 --> 00:40:59,640
Speaker 2: need more money because the price of butter went up,

895
00:40:59,680 --> 00:41:02,080
Speaker 2: and because butter went up, we need more money. And

896
00:41:02,120 --> 00:41:04,239
Speaker 2: if you keep doing that, you're going to run yourself broke.

897
00:41:04,320 --> 00:41:05,800
Speaker 2: It's not how the economy works.

898
00:41:06,280 --> 00:41:12,920
Speaker 1: Seven The Mike Hosking Breakfast Full Show podcast on aheart

899
00:41:13,040 --> 00:41:14,760
Speaker 1: radio cow it by News.

900
00:41:14,520 --> 00:41:18,760
Speaker 2: Talksp Now, let's face it, the way we do businesses

901
00:41:18,800 --> 00:41:20,719
Speaker 2: moved on from those old land lines and the face

902
00:41:20,760 --> 00:41:23,120
Speaker 2: to faces of course mostly online these days. Means the

903
00:41:23,160 --> 00:41:26,440
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904
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905
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906
00:41:33,520 --> 00:41:36,360
Speaker 2: This is why New Zealand businesses run on business fiber

907
00:41:37,440 --> 00:41:40,760
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908
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909
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910
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Speaker 2: So get your business ahead, stay ahead, future proof your

911
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Speaker 2: connection as the workplaces become ever more digital. Plus, by

912
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Speaker 2: the way, as a business fiber customer, you'll get priority

913
00:41:55,840 --> 00:41:58,000
Speaker 2: fault restoration means you're back up and running fast to

914
00:41:58,080 --> 00:42:01,160
Speaker 2: minimizing time spent offline. So to find out which fiber

915
00:42:01,200 --> 00:42:03,759
Speaker 2: connection would best suit the old business, check out the

916
00:42:03,840 --> 00:42:06,640
Speaker 2: Chorus recommendation tool. Here is where it is. Chorus dot

917
00:42:06,680 --> 00:42:10,279
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918
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919
00:42:14,600 --> 00:42:17,920
Speaker 2: Take your business productivity next level. Get your business running

920
00:42:17,960 --> 00:42:22,160
Speaker 2: on the business fiber past. Get twenty four already. Ah

921
00:42:22,200 --> 00:42:26,560
Speaker 2: the lament borold Radio New Zealand's obituary of the CRD

922
00:42:26,840 --> 00:42:30,520
Speaker 2: makes you weep climate related disclosures. Here was their headline yesterday,

923
00:42:31,320 --> 00:42:35,560
Speaker 2: New Zealand guts climate policy. It bragged about to the

924
00:42:35,560 --> 00:42:39,400
Speaker 2: world that's your headline. What's misleading about that headline is

925
00:42:39,400 --> 00:42:42,200
Speaker 2: the government who gutted it isn't the government who bragged

926
00:42:42,200 --> 00:42:44,520
Speaker 2: about it. They're two different governments as for the gutting

927
00:42:44,560 --> 00:42:47,280
Speaker 2: and the world leading, world leading in what? In what sense?

928
00:42:47,440 --> 00:42:49,440
Speaker 2: We were simply the first to the line with a

929
00:42:49,480 --> 00:42:52,600
Speaker 2: pointless idea the first country if you believe this government

930
00:42:52,640 --> 00:42:55,640
Speaker 2: that made it increasingly hard to get foreign money invested

931
00:42:55,719 --> 00:42:59,200
Speaker 2: into our country because they just produced another hurdle all banks,

932
00:42:59,239 --> 00:43:00,680
Speaker 2: insurers and list companies.

933
00:43:00,760 --> 00:43:00,840
Speaker 11: What.

934
00:43:01,000 --> 00:43:03,600
Speaker 2: Four it's very labor, isn't it just to rope everybody

935
00:43:03,600 --> 00:43:05,560
Speaker 2: in whether it's relevant or not. Why didn't they make

936
00:43:05,640 --> 00:43:07,879
Speaker 2: us all write climate reports about ourselves. I mean, we've

937
00:43:07,880 --> 00:43:11,840
Speaker 2: all got a climate footprint. Airlines, sure, lot of emissions.

938
00:43:12,000 --> 00:43:13,799
Speaker 2: Tell us about them in your annual report. I get

939
00:43:13,800 --> 00:43:16,480
Speaker 2: that issues through insurance companies. Surely they would have done

940
00:43:16,480 --> 00:43:19,919
Speaker 2: it anyway, given that's basically their business. But turners good

941
00:43:19,960 --> 00:43:21,920
Speaker 2: on turners, you know, as in the cars as in TENA,

942
00:43:22,480 --> 00:43:25,120
Speaker 2: raise relevant issues. One, it wasn't similar to Australia, way

943
00:43:25,120 --> 00:43:28,040
Speaker 2: easier in Australia. We were hobbling ourselves too. They opened

944
00:43:28,080 --> 00:43:30,520
Speaker 2: themselves up to prosecution. This is directors and things like that.

945
00:43:30,600 --> 00:43:32,640
Speaker 2: Three it cost a fortune to get someone to write

946
00:43:32,640 --> 00:43:35,719
Speaker 2: all the mumbo jumbo that for many companies wasn't remotely necessary.

947
00:43:35,920 --> 00:43:38,680
Speaker 2: Even MB wrote a report saying the cost of all

948
00:43:38,760 --> 00:43:41,879
Speaker 2: is nonsense. Were prohibitive, but don't worry as long as

949
00:43:41,880 --> 00:43:44,759
Speaker 2: we're world leading. What labour never understood and no doubt

950
00:43:44,800 --> 00:43:47,040
Speaker 2: they still do now, is putting the cost of business

951
00:43:47,120 --> 00:43:51,640
Speaker 2: up is counterproductive. Having our competitors outpays us because we're

952
00:43:51,640 --> 00:43:55,520
Speaker 2: bogged down is counterproductive. And even if we all wrote

953
00:43:55,960 --> 00:43:59,719
Speaker 2: glorious page page page page page after page about our

954
00:43:59,719 --> 00:44:03,080
Speaker 2: foot prince in climate intent, what difference did any of

955
00:44:03,080 --> 00:44:06,560
Speaker 2: it make to the environment. What got changed or saved

956
00:44:07,160 --> 00:44:10,440
Speaker 2: or solved? The tragedy was too much of the media

957
00:44:10,480 --> 00:44:13,920
Speaker 2: got sucked into clearly still does sucked into the fields.

958
00:44:13,960 --> 00:44:15,759
Speaker 2: I mean, all you had to do was say, look,

959
00:44:15,800 --> 00:44:18,239
Speaker 2: it's a world first and then mix the words in

960
00:44:18,480 --> 00:44:22,520
Speaker 2: climate world first, and you had them hook line and

961
00:44:22,560 --> 00:44:27,520
Speaker 2: sinker asking Mike, it's the timing of the teachers strike

962
00:44:27,560 --> 00:44:29,120
Speaker 2: that's winding me up right at a time when the

963
00:44:29,200 --> 00:44:32,960
Speaker 2: kids are prepping for NCEEA seriously and this is the

964
00:44:32,960 --> 00:44:35,279
Speaker 2: time they need maximum exposure to teachers and guidance to

965
00:44:35,320 --> 00:44:36,880
Speaker 2: set them up. Well, that's the problem with the unions.

966
00:44:36,880 --> 00:44:39,680
Speaker 2: Of course, the unions aren't about the kids. Heaven forbid,

967
00:44:39,920 --> 00:44:43,480
Speaker 2: they're about themselves and maximum effect. That's why they used

968
00:44:43,520 --> 00:44:45,160
Speaker 2: to go on striking the bad old days with the

969
00:44:45,200 --> 00:44:47,719
Speaker 2: fairies on score holidays, and that's why teachers do it

970
00:44:47,920 --> 00:44:50,520
Speaker 2: close to exams. Well, he might. The Primary Principles Collective

971
00:44:50,520 --> 00:44:53,680
Speaker 2: Bargaining Group settled last week very fair offer in these

972
00:44:53,719 --> 00:44:56,360
Speaker 2: economic times. Over five hundred and twenty five primary principles

973
00:44:56,400 --> 00:44:58,480
Speaker 2: are part of this. Our leaders negotiated in good faith.

974
00:44:58,760 --> 00:45:00,120
Speaker 2: I just want to get on with the job and

975
00:45:00,120 --> 00:45:02,200
Speaker 2: help kid succeed. And if you were listening to Erica

976
00:45:02,239 --> 00:45:06,520
Speaker 2: Stamford in the House yesterday, as Willow Jenne Prime blattered

977
00:45:06,520 --> 00:45:09,000
Speaker 2: out another one of her union based questions, Erica quite

978
00:45:09,080 --> 00:45:11,040
Speaker 2: rightly said, well, it can be done, has been done.

979
00:45:11,040 --> 00:45:13,680
Speaker 2: But the trick to it all is you got to

980
00:45:13,719 --> 00:45:15,719
Speaker 2: actually be at the table and when the government says,

981
00:45:15,719 --> 00:45:18,160
Speaker 2: come to the table and let's negotiate, you can do it.

982
00:45:18,320 --> 00:45:20,520
Speaker 2: You have done it and there's your example. But that

983
00:45:20,640 --> 00:45:22,560
Speaker 2: then leads to the question do they actually want to

984
00:45:23,040 --> 00:45:25,879
Speaker 2: Is this about solving anything or is it just about

985
00:45:25,960 --> 00:45:28,120
Speaker 2: drawing attention to yourself. Now there's a bloke in the

986
00:45:28,160 --> 00:45:30,000
Speaker 2: country at the moment. He is out EU and Wall

987
00:45:30,040 --> 00:45:33,400
Speaker 2: it's the EU ambassador or EU Ambassador's to New Zealand.

988
00:45:33,800 --> 00:45:35,920
Speaker 2: We've not done this before at a high level. Apparently

989
00:45:36,200 --> 00:45:39,600
Speaker 2: get together with the EU and look to extend our FTA.

990
00:45:39,719 --> 00:45:41,279
Speaker 2: So we'll give you some more details on that in

991
00:45:41,320 --> 00:45:41,680
Speaker 2: the moment.

992
00:45:43,200 --> 00:45:46,920
Speaker 1: Credible, compelling, the breakfast show you can't miss. It's the

993
00:45:47,080 --> 00:45:51,239
Speaker 1: Mic Hosking Breakfast with a Vita, Retirement Communities, Life Your

994
00:45:51,280 --> 00:45:52,520
Speaker 1: Way News, Togstead be.

995
00:45:52,840 --> 00:45:55,680
Speaker 2: Got to the political story of the day. You can't

996
00:45:55,680 --> 00:45:59,799
Speaker 2: write it, you can't make it up, and it's as

997
00:46:00,400 --> 00:46:02,120
Speaker 2: it comes. I'll come to that in just a couple

998
00:46:02,120 --> 00:46:05,400
Speaker 2: of moments. But just developing, it's been announced by the

999
00:46:05,440 --> 00:46:09,480
Speaker 2: Secretary of War Hig Seth that they've blown up another

1000
00:46:09,480 --> 00:46:11,759
Speaker 2: one of these drug vessels. What's interesting about this is

1001
00:46:11,800 --> 00:46:14,840
Speaker 2: and they don't delineate. They say the Eastern Pacific, so

1002
00:46:14,920 --> 00:46:17,839
Speaker 2: I don't know what that means because the Pacific's quite

1003
00:46:17,880 --> 00:46:22,239
Speaker 2: big anyway. It's their eighth strike. They're saying it was

1004
00:46:22,280 --> 00:46:26,719
Speaker 2: a designated terrorist organization. They were narco trafficking in the

1005
00:46:26,760 --> 00:46:30,879
Speaker 2: Eastern Pacific. They shot the thing in international waters. Both

1006
00:46:30,960 --> 00:46:33,600
Speaker 2: terrorists were killed. No US forces were harmed in the strike,

1007
00:46:33,680 --> 00:46:36,239
Speaker 2: so all the others the note of this, as all

1008
00:46:36,280 --> 00:46:38,480
Speaker 2: the others were in the Caribbean. This has now moved

1009
00:46:38,480 --> 00:46:40,640
Speaker 2: to the Eastern Pacific, twenty three minutes away from Eightes.

1010
00:46:43,320 --> 00:46:45,120
Speaker 2: So flakeship man and I guess you could say in

1011
00:46:45,120 --> 00:46:47,799
Speaker 2: our relationship with the European Union. Today we've got EU

1012
00:46:47,920 --> 00:46:50,160
Speaker 2: officials in the country meeting with our political and business

1013
00:46:50,200 --> 00:46:52,759
Speaker 2: leaders for the first ever joint business summit. Now the

1014
00:46:52,800 --> 00:46:56,840
Speaker 2: focus is on maximizing our FDA strengthening bilateral tires. Lawrence

1015
00:46:56,880 --> 00:46:59,719
Speaker 2: Meredith is the EU ambassador to this country and as

1016
00:46:59,760 --> 00:47:00,920
Speaker 2: with it's Lawrence morning to you.

1017
00:47:02,239 --> 00:47:03,000
Speaker 20: Good morning mate.

1018
00:47:03,000 --> 00:47:04,080
Speaker 21: Great to be back on the shoff.

1019
00:47:04,320 --> 00:47:06,640
Speaker 2: Given our relationship, this is sort of odd that we

1020
00:47:06,680 --> 00:47:08,000
Speaker 2: haven't done this before, isn't it.

1021
00:47:09,760 --> 00:47:11,839
Speaker 21: Well, we've just got a new free trade agreement, been

1022
00:47:11,840 --> 00:47:14,279
Speaker 21: in fourth almost eighteen months, so we thought this was

1023
00:47:14,320 --> 00:47:16,360
Speaker 21: the best opportunity to turbo boost it.

1024
00:47:16,719 --> 00:47:20,839
Speaker 2: Your sense of that agreement and what's changed materially from

1025
00:47:20,880 --> 00:47:22,280
Speaker 2: the EU's point of view.

1026
00:47:23,680 --> 00:47:26,360
Speaker 21: Well, I think it's a big change because, as you know,

1027
00:47:26,560 --> 00:47:29,360
Speaker 21: in a moment of trade turbulence, their opinionion has actually

1028
00:47:29,360 --> 00:47:32,879
Speaker 21: taken trade tariffs off trade with New Zealand, and that's

1029
00:47:32,920 --> 00:47:36,160
Speaker 21: been a big boost for New Zealand exporters with an

1030
00:47:36,200 --> 00:47:39,680
Speaker 21: extra billion dollars in the first twelve months. That's twenty

1031
00:47:39,680 --> 00:47:40,399
Speaker 21: eight percent up.

1032
00:47:41,120 --> 00:47:42,840
Speaker 2: Do you see it? I mean I look at the

1033
00:47:42,920 --> 00:47:45,080
Speaker 2: China Deal as one of the original free trade deals,

1034
00:47:45,080 --> 00:47:47,359
Speaker 2: of course, and that has grown with this country exponentially

1035
00:47:47,400 --> 00:47:51,000
Speaker 2: over the years. Do you have high expectations of major

1036
00:47:51,040 --> 00:47:52,440
Speaker 2: growth between US and the EU?

1037
00:47:53,800 --> 00:47:54,000
Speaker 10: Yes?

1038
00:47:54,040 --> 00:47:56,200
Speaker 21: Absolutely, and that's why we're having this summit and we're

1039
00:47:56,239 --> 00:47:58,479
Speaker 21: going to be looking at five big issues. Of course

1040
00:47:58,560 --> 00:48:01,880
Speaker 21: the agri agri tech piece, but also infrastructure building out

1041
00:48:01,920 --> 00:48:05,920
Speaker 21: the Prime Minister's infrastructure investments some in March, and investing

1042
00:48:05,960 --> 00:48:09,360
Speaker 21: in innovation in areas like clean tech, deep tech and AI,

1043
00:48:09,719 --> 00:48:12,279
Speaker 21: and also aerospace and defense, which are phenomenal here in

1044
00:48:12,280 --> 00:48:12,800
Speaker 21: New Zealand.

1045
00:48:13,000 --> 00:48:16,240
Speaker 2: How on the radar is a place like New Zealand

1046
00:48:16,360 --> 00:48:17,600
Speaker 2: for a place like the EU.

1047
00:48:19,080 --> 00:48:21,000
Speaker 21: Well, it's a really high up because if you look

1048
00:48:21,000 --> 00:48:24,320
Speaker 21: at President vonder Lyon's political guidelines when she came into office,

1049
00:48:24,360 --> 00:48:28,840
Speaker 21: it's one of only four trusted partners namechecked along with Australia,

1050
00:48:28,880 --> 00:48:31,359
Speaker 21: Japan and Career. So definitely on our radar.

1051
00:48:31,600 --> 00:48:33,960
Speaker 2: Good attangibles coming out of this or is this just

1052
00:48:34,000 --> 00:48:36,160
Speaker 2: to get together and you know, let's see how it goes.

1053
00:48:37,840 --> 00:48:40,319
Speaker 21: No, absolutely, and you'll have seen that there's the big deal.

1054
00:48:40,320 --> 00:48:42,879
Speaker 21: We've got Nile Brown from Dawn Meets in Ireland coming

1055
00:48:42,920 --> 00:48:47,400
Speaker 21: across fresh from investing in Alliance So's and we've got

1056
00:48:47,400 --> 00:48:51,000
Speaker 21: the infrastructure giants of Vance and we Build and also

1057
00:48:51,760 --> 00:48:54,239
Speaker 21: Bessic Swapack who are building the christ Church Stadium. So

1058
00:48:54,280 --> 00:48:56,000
Speaker 21: we've got some big players over from Europe.

1059
00:48:56,000 --> 00:48:58,320
Speaker 2: Good stuff. Enjoy yourself, Appreciate it very much. Lawrence Meridith,

1060
00:48:58,320 --> 00:49:01,759
Speaker 2: who's the EU investedor this particular country. Twenty minutes away

1061
00:49:01,760 --> 00:49:05,400
Speaker 2: from eight Michael Hill, the head of the New Zealand

1062
00:49:05,400 --> 00:49:07,600
Speaker 2: and the new CEO of the New Zealander Nicol Ravishanka,

1063
00:49:07,640 --> 00:49:09,719
Speaker 2: who started the job this week and giving us first

1064
00:49:09,719 --> 00:49:11,680
Speaker 2: interview after eight o'clock this morning. A lot of questions

1065
00:49:11,719 --> 00:49:13,520
Speaker 2: about in New Zealand of course, and he's got a

1066
00:49:13,560 --> 00:49:15,880
Speaker 2: big job in front of him. But Michael Hill related

1067
00:49:15,920 --> 00:49:18,720
Speaker 2: matters yesterday gave the market a bit of an update

1068
00:49:18,760 --> 00:49:22,000
Speaker 2: and this is just once again a reminder of where

1069
00:49:22,040 --> 00:49:25,280
Speaker 2: we are in the world. Unfortunately so subdued consumer demand.

1070
00:49:25,280 --> 00:49:27,160
Speaker 2: We've heard this about a million times, they claiming across

1071
00:49:27,160 --> 00:49:29,880
Speaker 2: Australia and New Zealand, which is true persistent inflationary pressures.

1072
00:49:29,880 --> 00:49:32,320
Speaker 2: We've heard it all, put pressures on margins, blah blah blah.

1073
00:49:32,400 --> 00:49:35,239
Speaker 2: But here's here's the key to this, because they're an

1074
00:49:35,280 --> 00:49:37,720
Speaker 2: unusual company in the sense they've got very specific markets

1075
00:49:37,800 --> 00:49:40,480
Speaker 2: and we can compare ourselves directly with what's going on

1076
00:49:40,600 --> 00:49:43,120
Speaker 2: in those markets. So in Australia, do they see growth?

1077
00:49:43,400 --> 00:49:46,200
Speaker 2: And remember, of course, Michael Hill, it's it's discretionary spending,

1078
00:49:46,239 --> 00:49:50,040
Speaker 2: it's feel good spending, it's gold's diamonds, it's getting engaged,

1079
00:49:50,080 --> 00:49:52,160
Speaker 2: it's happy times, it's you know, all of that sort

1080
00:49:52,160 --> 00:49:54,960
Speaker 2: of stuff. One point two percent growth in Australia very good.

1081
00:49:54,960 --> 00:49:57,600
Speaker 2: What about Canada four point four percent growth in Canada

1082
00:49:57,719 --> 00:50:01,080
Speaker 2: very good news? And how about New Zealand down five

1083
00:50:01,120 --> 00:50:04,839
Speaker 2: point five So that's a direct comparison with where we're

1084
00:50:04,880 --> 00:50:08,759
Speaker 2: at with at least where we're at with Australia and

1085
00:50:08,840 --> 00:50:10,640
Speaker 2: unfortunately Canada. Nineteen to wait.

1086
00:50:12,040 --> 00:50:16,439
Speaker 1: The Vike Asking Breakfast Full Show podcast on iHeartRadio, Power

1087
00:50:16,560 --> 00:50:17,560
Speaker 1: by the News talks.

1088
00:50:17,280 --> 00:50:17,560
Speaker 22: At b.

1089
00:50:19,200 --> 00:50:21,439
Speaker 2: Sexteen to wait. One of the reasons the ACC people

1090
00:50:21,480 --> 00:50:25,319
Speaker 2: are joining the strike today is they don't like the

1091
00:50:25,360 --> 00:50:28,680
Speaker 2: work from home deal. So they it's down or the

1092
00:50:28,719 --> 00:50:31,280
Speaker 2: ACC want it down to two days a week. Remembering,

1093
00:50:31,280 --> 00:50:33,440
Speaker 2: of course this was all invented during COVID. It used

1094
00:50:33,440 --> 00:50:35,560
Speaker 2: to be no days at home, and then during COVID,

1095
00:50:35,640 --> 00:50:38,200
Speaker 2: for obvious reasons, people started working from home and then

1096
00:50:38,239 --> 00:50:40,920
Speaker 2: suddenly they decided they never wanted to come back. Anyway,

1097
00:50:40,920 --> 00:50:42,920
Speaker 2: it's very interesting case in Australia at the moment, and

1098
00:50:42,960 --> 00:50:45,080
Speaker 2: Westpac had lost it. They've been in front of the

1099
00:50:45,120 --> 00:50:47,239
Speaker 2: Fair Work Commission. Now. The key to this and the

1100
00:50:47,239 --> 00:50:49,879
Speaker 2: reason it probably won't work here, is that they ping

1101
00:50:50,040 --> 00:50:52,799
Speaker 2: them on Section sixty five at the Fair Work Act.

1102
00:50:54,000 --> 00:50:55,960
Speaker 2: So I don't know whether we've got a section sixty

1103
00:50:55,960 --> 00:50:57,719
Speaker 2: five at the Fair Work Act. But anyway, what had

1104
00:50:57,719 --> 00:51:00,600
Speaker 2: happened was this woman had decided who move a long

1105
00:51:00,640 --> 00:51:04,000
Speaker 2: way away from her work office because she started working

1106
00:51:04,040 --> 00:51:07,400
Speaker 2: at home. She works in mortgage operations, and they decided

1107
00:51:07,440 --> 00:51:09,560
Speaker 2: westpact that she report to the office at least a

1108
00:51:09,600 --> 00:51:12,759
Speaker 2: couple of days a week. Her name's Carleen and so

1109
00:51:13,239 --> 00:51:14,840
Speaker 2: she'd been there more than twenty years, which is the

1110
00:51:14,880 --> 00:51:17,080
Speaker 2: sad part of the story. I guess she's eighty k's

1111
00:51:17,400 --> 00:51:21,160
Speaker 2: southwest of Sydney. She moved eighty k's southwest of Sydney,

1112
00:51:21,920 --> 00:51:24,279
Speaker 2: and she's then claiming it took roughly two hours to

1113
00:51:24,320 --> 00:51:26,759
Speaker 2: travel from school. And the key was the school. She

1114
00:51:26,760 --> 00:51:28,560
Speaker 2: wanted to be able to drop her kids off at school,

1115
00:51:29,280 --> 00:51:31,280
Speaker 2: and so she and the kid was at a private school,

1116
00:51:31,320 --> 00:51:32,920
Speaker 2: so she moved closely to the private school so she

1117
00:51:32,960 --> 00:51:35,319
Speaker 2: could drop a kid off at school. And then they

1118
00:51:35,320 --> 00:51:37,040
Speaker 2: said can you come back to the office, and she went, now,

1119
00:51:37,080 --> 00:51:39,319
Speaker 2: I'm busy dropping that kid off at school eighty k's

1120
00:51:39,320 --> 00:51:40,840
Speaker 2: away and it takes me too long to get to

1121
00:51:40,920 --> 00:51:44,359
Speaker 2: the office. Now where it got slight, I think got

1122
00:51:44,360 --> 00:51:48,520
Speaker 2: slightly tricky. She had been approved for flexible work conditions,

1123
00:51:48,600 --> 00:51:51,120
Speaker 2: but then Westpac changed their minds, so I think you're

1124
00:51:51,160 --> 00:51:53,320
Speaker 2: probably in front of something like a fair Work Commission.

1125
00:51:53,320 --> 00:51:55,759
Speaker 2: Get a bit of sympathy on that. But also they

1126
00:51:55,880 --> 00:51:58,000
Speaker 2: quoted the section sixty five of the Fair Worked Act

1127
00:51:58,480 --> 00:52:03,960
Speaker 2: formal request for flexible working arrangements. So the present Westpac

1128
00:52:04,239 --> 00:52:07,560
Speaker 2: present circumstances had arisen because of life choices and preferences

1129
00:52:07,600 --> 00:52:11,319
Speaker 2: of the applicant and without the consent of west Pack.

1130
00:52:11,560 --> 00:52:13,239
Speaker 2: So in other words, you know, move as far as

1131
00:52:13,239 --> 00:52:16,040
Speaker 2: you want, but don't then say, look, I've moved miles away,

1132
00:52:16,040 --> 00:52:17,880
Speaker 2: and I can't come to the office anymore anyway. The

1133
00:52:17,920 --> 00:52:21,399
Speaker 2: point begging, they've lost Westpacket have lost. So that's now

1134
00:52:21,440 --> 00:52:23,640
Speaker 2: a warning to them too. If you're gonna start getting

1135
00:52:23,640 --> 00:52:25,160
Speaker 2: people back into the office, you're gonna have to have

1136
00:52:25,160 --> 00:52:28,920
Speaker 2: a reasonably good reason. Now, funniest political story of the day.

1137
00:52:28,920 --> 00:52:31,360
Speaker 2: You can't make the stuff up. The bill that was

1138
00:52:31,400 --> 00:52:33,719
Speaker 2: going nowhere anyway. This is the Right to Repair Bill,

1139
00:52:33,800 --> 00:52:37,840
Speaker 2: Merrima Davidson's Right to Repair Bill. Right. So, on the surface,

1140
00:52:38,400 --> 00:52:42,480
Speaker 2: it had a kind of hokey old world good vibe

1141
00:52:42,520 --> 00:52:44,400
Speaker 2: about it, in the sense that, you know, would you

1142
00:52:44,520 --> 00:52:46,480
Speaker 2: like to be able to go along to Harvey Norman

1143
00:52:46,520 --> 00:52:48,600
Speaker 2: and buy a few bits and bobs to repeat your

1144
00:52:48,640 --> 00:52:50,400
Speaker 2: transistor or your lamp or your toaster.

1145
00:52:51,040 --> 00:52:51,279
Speaker 3: Yes?

1146
00:52:52,440 --> 00:52:54,080
Speaker 2: Beyond that, was it ever realistic?

1147
00:52:54,239 --> 00:52:54,319
Speaker 21: No?

1148
00:52:55,080 --> 00:52:58,360
Speaker 2: And so she put this bill in the House and

1149
00:52:58,400 --> 00:53:00,279
Speaker 2: I can't remember who it was. I think it was

1150
00:53:00,320 --> 00:53:04,040
Speaker 2: New Zealand first who initially supported it, and that would

1151
00:53:04,040 --> 00:53:06,879
Speaker 2: have given them the numbers to actually pass the bill. Now,

1152
00:53:06,920 --> 00:53:08,920
Speaker 2: the problem with passing the bill, of course, and forcing

1153
00:53:08,960 --> 00:53:12,400
Speaker 2: retailers to stock bits and pieces for parts that they

1154
00:53:12,440 --> 00:53:14,480
Speaker 2: may or may not ever sell was it was course,

1155
00:53:14,520 --> 00:53:17,600
Speaker 2: it was hopelessly inefficient and they were never going to

1156
00:53:17,640 --> 00:53:19,759
Speaker 2: do it. And all that, in reality was going to

1157
00:53:19,800 --> 00:53:21,600
Speaker 2: happen is that they weren't going to import a whole

1158
00:53:21,600 --> 00:53:23,880
Speaker 2: lot of stuff into the country, because why would you

1159
00:53:23,880 --> 00:53:26,600
Speaker 2: bother anyway? New Zealand first, if I'm correct in saying

1160
00:53:26,640 --> 00:53:28,960
Speaker 2: it was them, changed their mind once they worked out

1161
00:53:28,960 --> 00:53:32,240
Speaker 2: what I've just argued is the case. They suddenly realized

1162
00:53:32,239 --> 00:53:34,279
Speaker 2: in the real world it's not remotely going to work,

1163
00:53:34,360 --> 00:53:36,960
Speaker 2: so they pulled their support. So this was going nowhere anyway,

1164
00:53:37,120 --> 00:53:39,799
Speaker 2: but it's in the house, and yesterday it got to

1165
00:53:39,840 --> 00:53:42,440
Speaker 2: second reading. Now, the problem with second reading is you

1166
00:53:42,480 --> 00:53:44,040
Speaker 2: need the person who sponsored the bill to be in

1167
00:53:44,040 --> 00:53:48,120
Speaker 2: the house. Guess who wasn't in the house. Marrama wasn't

1168
00:53:48,160 --> 00:53:51,880
Speaker 2: in the house, and everyone went, where's Marramah for the

1169
00:53:51,920 --> 00:53:54,480
Speaker 2: second reading? And Marrima wasn't there, and she wasn't there

1170
00:53:54,520 --> 00:53:58,920
Speaker 2: to be seen because she had underestimated the speed at

1171
00:53:58,960 --> 00:54:02,800
Speaker 2: which the legislation would progress through the house so speedy

1172
00:54:03,040 --> 00:54:05,200
Speaker 2: and so so fast she couldn't get back in time.

1173
00:54:05,840 --> 00:54:07,960
Speaker 2: So what happens when the sponsor's not in the house,

1174
00:54:07,960 --> 00:54:09,759
Speaker 2: of course, as they say, is no one here. They

1175
00:54:09,760 --> 00:54:11,759
Speaker 2: go right in the bin. That's the end of that.

1176
00:54:12,160 --> 00:54:16,600
Speaker 2: So a whole year's worth of work is up in smoke.

1177
00:54:16,840 --> 00:54:19,560
Speaker 2: So a bill that was going nowhere anyway is now

1178
00:54:19,640 --> 00:54:21,560
Speaker 2: up in smoke. Officially needs to be pulled once again

1179
00:54:21,600 --> 00:54:24,320
Speaker 2: from the biscuit tin because she couldn't even organize herself

1180
00:54:24,400 --> 00:54:27,760
Speaker 2: turn up on time. That's the sort of business acumen

1181
00:54:28,360 --> 00:54:30,960
Speaker 2: that you're potentially going to be electing to run this

1182
00:54:31,040 --> 00:54:34,440
Speaker 2: country next year. Good luck with that. Eleven Away from

1183
00:54:34,480 --> 00:54:35,560
Speaker 2: eight the.

1184
00:54:35,560 --> 00:54:39,960
Speaker 1: Mike Costing Breakfast with a Vita Retirement Communities News togs had.

1185
00:54:39,800 --> 00:54:41,719
Speaker 2: Be it's away from it. We've got our new wood

1186
00:54:41,880 --> 00:54:44,239
Speaker 2: Energy strategy and action plan. But you didn't know that.

1187
00:54:44,320 --> 00:54:45,719
Speaker 2: I mean on a busy day of weather and of

1188
00:54:45,800 --> 00:54:47,440
Speaker 2: course strikes, I bet you didn't know we had our

1189
00:54:47,480 --> 00:54:50,200
Speaker 2: wood Energy Strategy and action plan out. The idea is

1190
00:54:50,200 --> 00:54:53,480
Speaker 2: to fire up no pun intended, the bio energy sector.

1191
00:54:53,560 --> 00:54:56,920
Speaker 2: Wood energy, they argue, could replace forty percent of the

1192
00:54:56,920 --> 00:55:00,480
Speaker 2: fossil fuel by twenty fifty. That's your equivalent apparently, of

1193
00:55:00,480 --> 00:55:02,600
Speaker 2: three hundred thousand tons of coal from Huntley.

1194
00:55:02,640 --> 00:55:02,719
Speaker 17: So.

1195
00:55:02,760 --> 00:55:05,480
Speaker 2: Brian Cox is the executive officer of the Bio Energy

1196
00:55:05,480 --> 00:55:09,240
Speaker 2: Association and is with us Brian Morning good morning. Twenty

1197
00:55:09,239 --> 00:55:11,600
Speaker 2: fifty is still a long way off. Where's the industry

1198
00:55:11,640 --> 00:55:13,960
Speaker 2: as a whole at as we sit here in twenty

1199
00:55:14,000 --> 00:55:14,520
Speaker 2: twenty five.

1200
00:55:15,520 --> 00:55:18,480
Speaker 20: It's been really developing quite fast, but we need to

1201
00:55:18,480 --> 00:55:21,920
Speaker 20: go faster and this is what the government did yesterday

1202
00:55:22,200 --> 00:55:24,160
Speaker 20: is a little step in the way. But we've got

1203
00:55:24,200 --> 00:55:26,359
Speaker 20: to do a lot more because we've got such an

1204
00:55:26,360 --> 00:55:30,520
Speaker 20: opportunity which we're missing because we're just too slow about

1205
00:55:30,520 --> 00:55:33,880
Speaker 20: doing it. But we've got the biggest resource energy resource

1206
00:55:33,880 --> 00:55:35,160
Speaker 20: in the country is in our forest.

1207
00:55:35,560 --> 00:55:38,320
Speaker 12: Yes it is export Is it just wood?

1208
00:55:38,320 --> 00:55:40,640
Speaker 2: I'm reading a lot about Fonterra and they're flipping some

1209
00:55:40,680 --> 00:55:43,200
Speaker 2: of their furnaces to what we call biomass. Is wood

1210
00:55:43,280 --> 00:55:45,120
Speaker 2: biomass or is that completely different?

1211
00:55:45,640 --> 00:55:46,359
Speaker 20: No, same thing.

1212
00:55:46,560 --> 00:55:46,839
Speaker 10: It's just.

1213
00:55:48,480 --> 00:55:49,680
Speaker 20: Two words saying the same thing.

1214
00:55:49,960 --> 00:55:53,239
Speaker 2: Okay. So the difficulty with biomass once again, correct me up,

1215
00:55:53,239 --> 00:55:56,080
Speaker 2: I'm wrong. Is I saw a documentary and when wouldn't

1216
00:55:56,160 --> 00:55:58,960
Speaker 2: didn't provide the heat they wanted, they started burning tires,

1217
00:55:59,000 --> 00:56:00,799
Speaker 2: which of course is not what you want because they

1218
00:56:00,800 --> 00:56:03,719
Speaker 2: are good with heat. So do we have an issue

1219
00:56:03,760 --> 00:56:04,160
Speaker 2: here or not?

1220
00:56:05,000 --> 00:56:05,080
Speaker 3: No?

1221
00:56:05,400 --> 00:56:10,040
Speaker 20: Absolutely not. Is that we export in our log energy

1222
00:56:10,080 --> 00:56:13,920
Speaker 20: to other countries and we could be used at ourselves

1223
00:56:13,920 --> 00:56:16,600
Speaker 20: here now they have to proceed up. You put into

1224
00:56:16,640 --> 00:56:20,080
Speaker 20: a boiler, you make the heat, make eltricity, or you've

1225
00:56:20,160 --> 00:56:22,400
Speaker 20: made heat. It's just a matter of you just got

1226
00:56:22,440 --> 00:56:22,799
Speaker 20: to do it.

1227
00:56:23,120 --> 00:56:27,880
Speaker 2: If I run a commercial anything on coal, do I

1228
00:56:27,960 --> 00:56:29,840
Speaker 2: have to convert or do I just have to stop

1229
00:56:29,920 --> 00:56:30,960
Speaker 2: using coal and put wood in?

1230
00:56:32,000 --> 00:56:34,680
Speaker 20: Well, it depends on your boiler. But a lot of

1231
00:56:34,680 --> 00:56:36,759
Speaker 20: the boilers, and some of these are the Fonterra ones,

1232
00:56:36,760 --> 00:56:40,000
Speaker 20: which they've already done where they were on coal, and

1233
00:56:40,040 --> 00:56:44,000
Speaker 20: what they've done is they've flipped them into biomass in

1234
00:56:44,040 --> 00:56:46,520
Speaker 20: that case generally in a case of a wood palace.

1235
00:56:47,120 --> 00:56:50,520
Speaker 20: But there's a range of different wood fuels that you

1236
00:56:50,560 --> 00:56:54,759
Speaker 20: can put in. There's some are just woodship and ups,

1237
00:56:54,880 --> 00:56:58,040
Speaker 20: but palettes is the sort of a type end range and.

1238
00:56:58,000 --> 00:57:01,520
Speaker 2: The heat is still the same as coal, better wors Oh.

1239
00:57:01,400 --> 00:57:04,160
Speaker 20: No, it's not as good and the cover of your

1240
00:57:04,200 --> 00:57:06,799
Speaker 20: value of coal is much higher, so you do need

1241
00:57:06,840 --> 00:57:09,120
Speaker 20: more bio mass. But on the other hand is that

1242
00:57:09,239 --> 00:57:13,600
Speaker 20: it's a renewable domestic fuel and we've got plenty of it.

1243
00:57:13,920 --> 00:57:19,000
Speaker 20: And as more and more people have converted from coal

1244
00:57:19,160 --> 00:57:23,920
Speaker 20: or gas to using wood, is that the market has

1245
00:57:23,960 --> 00:57:26,280
Speaker 20: been responding and we're getting more and more picked up

1246
00:57:26,320 --> 00:57:28,480
Speaker 20: from the forest. You know, you drive past and you

1247
00:57:28,560 --> 00:57:31,800
Speaker 20: see all this debris left on the floor of slash.

1248
00:57:31,960 --> 00:57:34,880
Speaker 20: Sure that could be picked up and put into a work,

1249
00:57:35,120 --> 00:57:37,400
Speaker 20: But if there's no way to use it, like what

1250
00:57:37,480 --> 00:57:41,240
Speaker 20: happened in entire rafty is you know, you don't pick

1251
00:57:41,280 --> 00:57:44,040
Speaker 20: it up because for what purpose. So we've got to

1252
00:57:44,080 --> 00:57:46,920
Speaker 20: get so that people want to use it, and then

1253
00:57:46,960 --> 00:57:48,640
Speaker 20: people will pick it up and then it won't go

1254
00:57:48,640 --> 00:57:50,360
Speaker 20: onto the beach as it like Tollier Bay.

1255
00:57:50,560 --> 00:57:53,560
Speaker 2: If we started, if we just use wood tomorrow instead

1256
00:57:53,560 --> 00:57:55,960
Speaker 2: of coal, would we need to plant a lot more forests?

1257
00:57:56,400 --> 00:57:57,280
Speaker 11: Oh? Absolutely not.

1258
00:57:57,440 --> 00:57:59,080
Speaker 2: So we got all the forests, We got all the wood,

1259
00:57:59,080 --> 00:58:00,400
Speaker 2: all the forest, all the trees we need.

1260
00:58:01,560 --> 00:58:03,640
Speaker 20: We could do with more. If we went to our

1261
00:58:03,680 --> 00:58:06,920
Speaker 20: full potential, then we need to expand more. But we

1262
00:58:06,960 --> 00:58:10,320
Speaker 20: are so far away from that, and so we're talking

1263
00:58:10,360 --> 00:58:13,880
Speaker 20: principally about the residues. So when you cut down a tree,

1264
00:58:14,360 --> 00:58:17,000
Speaker 20: they take the logs out, they take the good timber

1265
00:58:17,040 --> 00:58:19,240
Speaker 20: of that, and they leave a lot behind. It's that

1266
00:58:19,920 --> 00:58:22,120
Speaker 20: bit that they've leave behind that we're using at the moment,

1267
00:58:22,360 --> 00:58:24,479
Speaker 20: and we'll be able to do that for a long time.

1268
00:58:24,840 --> 00:58:27,400
Speaker 20: But then once we've used that, what do we do then, Well,

1269
00:58:27,680 --> 00:58:29,520
Speaker 20: some of the low grade logs that are going to

1270
00:58:29,600 --> 00:58:32,320
Speaker 20: China are real low grade, and we can get better

1271
00:58:32,400 --> 00:58:37,120
Speaker 20: value by preturning them into energy here and using it ourselves.

1272
00:58:37,120 --> 00:58:40,320
Speaker 20: So as a no brainer that we should be using

1273
00:58:40,920 --> 00:58:43,400
Speaker 20: what we've already got and we're currently wasting all right.

1274
00:58:43,440 --> 00:58:47,120
Speaker 2: Brian Nice Insight Price appreciated Brian Cox's executive officer at

1275
00:58:47,120 --> 00:58:49,880
Speaker 2: the Bio Energy Association. Winston's been on about that forever,

1276
00:58:50,680 --> 00:58:52,880
Speaker 2: not processing or not adding value to our logs in

1277
00:58:52,880 --> 00:58:55,240
Speaker 2: this particular part of the world. Interesting. I'm reading yesterday,

1278
00:58:55,240 --> 00:58:58,520
Speaker 2: by the way, in related matter, Sam Whitelock's farm, which

1279
00:58:58,560 --> 00:59:00,400
Speaker 2: I told you about what a week you go two

1280
00:59:00,440 --> 00:59:03,920
Speaker 2: weeks ago in Hawks Bay. It's near Rissington, And so

1281
00:59:04,000 --> 00:59:07,240
Speaker 2: there is some concern on social media, isn't there always

1282
00:59:07,720 --> 00:59:09,880
Speaker 2: that it's going to get sold off and it's going

1283
00:59:09,920 --> 00:59:14,320
Speaker 2: to be a forestry conversion anyway. Tony who's from Bailey's Rasmussen,

1284
00:59:14,720 --> 00:59:17,160
Speaker 2: he's got the listing, he says, with the red meat

1285
00:59:17,200 --> 00:59:19,960
Speaker 2: prices at the moment, the it's productive lands, beautiful land's

1286
00:59:19,960 --> 00:59:21,680
Speaker 2: going to stay in the stay in the red meat

1287
00:59:21,680 --> 00:59:23,840
Speaker 2: business largely the numbers should stack up better for sheep

1288
00:59:23,880 --> 00:59:26,080
Speaker 2: and beef. He says, we're the current returns we're getting

1289
00:59:27,520 --> 00:59:30,680
Speaker 2: and the TS restricts land conversion these days. Anyway, he

1290
00:59:30,720 --> 00:59:34,400
Speaker 2: isn't expecting international buyers. He thinks local. He's got good

1291
00:59:34,480 --> 00:59:37,480
Speaker 2: local interest. Highly likely it's going to be a New

1292
00:59:37,560 --> 00:59:41,240
Speaker 2: Zealand purchaser. So there's a good news story. One beautiful farm.

1293
00:59:41,600 --> 00:59:48,040
Speaker 2: Two Sam Whitelocke, three stays unconverted. Four to a New

1294
00:59:48,160 --> 00:59:52,520
Speaker 2: Zealand buyer. You don't hear that good news every day

1295
00:59:52,520 --> 00:59:54,360
Speaker 2: in the media. You do get for goodness sake, right

1296
00:59:54,440 --> 00:59:57,680
Speaker 2: the new A New Zealand CEO, big job in front

1297
00:59:57,720 --> 00:59:59,720
Speaker 2: of him will introduce you to him in a couple

1298
00:59:59,760 --> 01:00:02,600
Speaker 2: of month after the news which is next to your reviews, talk.

1299
01:00:02,400 --> 01:00:09,200
Speaker 1: See over again, asking the questions others won't the mic

1300
01:00:09,320 --> 01:00:13,440
Speaker 1: asking breakfast with the defender, embraced the impossible news talks.

1301
01:00:13,440 --> 01:00:15,520
Speaker 11: He'd be so on past eight.

1302
01:00:15,640 --> 01:00:19,080
Speaker 2: Our National Airline has a new CEO. National VERBT Shanker

1303
01:00:19,360 --> 01:00:22,280
Speaker 2: was the news industry digital officer replaces difficult days the

1304
01:00:22,320 --> 01:00:24,320
Speaker 2: company short on planes and engines, of course, and a

1305
01:00:24,360 --> 01:00:28,560
Speaker 2: reputation at times from an unforgiving public. This I understand

1306
01:00:28,560 --> 01:00:30,560
Speaker 2: it is this first interview as CEO. So he's with

1307
01:00:30,680 --> 01:00:34,040
Speaker 2: this very good mine to you, war great pleasure and

1308
01:00:34,040 --> 01:00:36,919
Speaker 2: the warms. Congratulations on the job. Do you or did

1309
01:00:36,960 --> 01:00:39,160
Speaker 2: you join the company five years ago with a view

1310
01:00:39,160 --> 01:00:41,280
Speaker 2: to running it or it's happenstance?

1311
01:00:42,520 --> 01:00:44,840
Speaker 23: Do you mind if I use your platform very quickly

1312
01:00:44,960 --> 01:00:46,120
Speaker 23: to mention one.

1313
01:00:45,960 --> 01:00:47,760
Speaker 2: Thing, Oh, here we go, we're going to sale on

1314
01:00:47,800 --> 01:00:49,680
Speaker 2: here now.

1315
01:00:50,960 --> 01:00:53,440
Speaker 23: A lot of our staff listened to your show, and

1316
01:00:53,600 --> 01:00:55,520
Speaker 23: the last couple of days we've been dealing with some

1317
01:00:55,640 --> 01:00:58,000
Speaker 23: terrible weather and today is probably the worst of it.

1318
01:00:58,920 --> 01:01:01,680
Speaker 23: So I just wanted to give a shout out and

1319
01:01:01,760 --> 01:01:03,880
Speaker 23: to our customers. Will do everything to keep you guys

1320
01:01:03,880 --> 01:01:07,680
Speaker 23: safe in these conditions. It's a tough business. And just

1321
01:01:07,680 --> 01:01:10,280
Speaker 23: to go back to your question, No, I didn't join

1322
01:01:10,680 --> 01:01:15,640
Speaker 23: too with aspirations to necessarily be CEO. I'm completely honest.

1323
01:01:15,400 --> 01:01:17,920
Speaker 2: With what did you join by why of a company

1324
01:01:17,960 --> 01:01:20,480
Speaker 2: five years ago? And what does that company look like

1325
01:01:20,600 --> 01:01:22,240
Speaker 2: now that you're running it five years on?

1326
01:01:23,360 --> 01:01:26,439
Speaker 23: Yeah, the call I got was to was to sort

1327
01:01:26,440 --> 01:01:29,320
Speaker 23: of join the company to be part of the rebuilt program,

1328
01:01:29,520 --> 01:01:32,200
Speaker 23: rebuilding the airline back out of COVID I joined during

1329
01:01:32,200 --> 01:01:37,080
Speaker 23: the second lockdown, and you know, I often describe this

1330
01:01:37,200 --> 01:01:40,920
Speaker 23: to people and say, airlines were never designed with a

1331
01:01:41,040 --> 01:01:44,240
Speaker 23: with an off switch. They're sort of perpetual motion machines.

1332
01:01:44,280 --> 01:01:45,960
Speaker 23: You've got to keep them going all the time. And

1333
01:01:46,040 --> 01:01:49,480
Speaker 23: so when we turned the airline off, basically, by and large,

1334
01:01:49,920 --> 01:01:52,920
Speaker 23: turning it back on has been the most complex thing

1335
01:01:52,920 --> 01:01:54,920
Speaker 23: I've done in my career. But it's also been the

1336
01:01:54,960 --> 01:01:59,960
Speaker 23: most rewarding. And each time we went about the rebuilt

1337
01:02:00,080 --> 01:02:05,080
Speaker 23: process and where and had to deal with another crisis,

1338
01:02:05,320 --> 01:02:09,440
Speaker 23: one crisis after another. You know what's been most rewarding

1339
01:02:09,520 --> 01:02:13,880
Speaker 23: is our focus has been to never waste that crisis.

1340
01:02:14,000 --> 01:02:16,200
Speaker 23: So we've been busy investing in the long term health

1341
01:02:16,200 --> 01:02:20,080
Speaker 23: of the business, in physical infrastructure, a lot of digital work,

1342
01:02:20,880 --> 01:02:21,640
Speaker 23: and in our people.

1343
01:02:23,040 --> 01:02:24,600
Speaker 2: I don't even know that I want to go here.

1344
01:02:24,640 --> 01:02:27,600
Speaker 2: But you talk about closing the aligned down, not everybody

1345
01:02:27,680 --> 01:02:31,440
Speaker 2: during COVID did close the air line down globally. Of course,

1346
01:02:31,560 --> 01:02:34,440
Speaker 2: I wonder if us closing as a country, our relined

1347
01:02:34,440 --> 01:02:35,240
Speaker 2: down was a mistake.

1348
01:02:36,800 --> 01:02:39,000
Speaker 23: We have taken a lot of lessons actually out of COVID,

1349
01:02:39,120 --> 01:02:41,680
Speaker 23: and some of that you're seeing in our current financial

1350
01:02:41,680 --> 01:02:45,560
Speaker 23: performance in hindsight, one of the things we would have

1351
01:02:45,560 --> 01:02:49,520
Speaker 23: done differently is some of these more critical, very specialized roles,

1352
01:02:49,920 --> 01:02:50,520
Speaker 23: we would.

1353
01:02:50,280 --> 01:02:51,760
Speaker 2: Have held on to them for much longer.

1354
01:02:52,320 --> 01:02:55,280
Speaker 23: You know, it takes six years to retrain an aircraft engineer,

1355
01:02:55,320 --> 01:02:58,200
Speaker 23: for example. Once you let go of a lot of

1356
01:02:58,200 --> 01:03:01,960
Speaker 23: that capacity, building it back an innodinate amount of time.

1357
01:03:02,320 --> 01:03:05,440
Speaker 23: That's why this game around, even though demand's been low,

1358
01:03:06,440 --> 01:03:11,080
Speaker 23: we're holding much more capacity in some of those very

1359
01:03:11,120 --> 01:03:15,280
Speaker 23: critical capabilities, and I think that's the right thing to

1360
01:03:15,320 --> 01:03:15,680
Speaker 23: be doing.

1361
01:03:15,840 --> 01:03:17,800
Speaker 2: Also, I don't know whether it was part of your

1362
01:03:17,880 --> 01:03:20,280
Speaker 2: job in any way, shape or form, but the airline

1363
01:03:20,280 --> 01:03:22,520
Speaker 2: went to the government of the day and got what

1364
01:03:22,600 --> 01:03:24,439
Speaker 2: I seem to think was one of the worst deals

1365
01:03:24,440 --> 01:03:27,480
Speaker 2: in the history of financial deals ever. And there's a

1366
01:03:27,520 --> 01:03:30,000
Speaker 2: market out there for good money for aviation companies who

1367
01:03:30,040 --> 01:03:31,840
Speaker 2: wanted to borrow. You guys went and borrowed from the

1368
01:03:31,840 --> 01:03:33,840
Speaker 2: government and paid a price for that. Do you regret that.

1369
01:03:35,440 --> 01:03:37,320
Speaker 23: It's before my time? Makee to be honest with you,

1370
01:03:37,360 --> 01:03:41,040
Speaker 23: and I haven't. You know, I've heard that narrative, But

1371
01:03:41,440 --> 01:03:45,800
Speaker 23: there were some incredibly intelligent, capable people working this problem,

1372
01:03:46,240 --> 01:03:51,200
Speaker 23: and you know, I think that narrative may be overly.

1373
01:03:50,920 --> 01:03:55,680
Speaker 2: Simplistic, the perfect storm scenario. So you bought a series

1374
01:03:55,720 --> 01:03:58,600
Speaker 2: of planes from a company that couldn't deliver your engines

1375
01:03:58,640 --> 01:04:00,800
Speaker 2: went wrong. It's still an issue long term. You've got

1376
01:04:00,840 --> 01:04:04,840
Speaker 2: ongoing scrapes with them and and your head COVID. I mean,

1377
01:04:05,120 --> 01:04:09,000
Speaker 2: you couldn't have orchestrated a bigger calamity if you set

1378
01:04:09,040 --> 01:04:10,000
Speaker 2: out to orchestra one.

1379
01:04:10,000 --> 01:04:15,920
Speaker 23: Could you tough circumstances? Yeah, you're right, But you know,

1380
01:04:16,360 --> 01:04:19,640
Speaker 23: New Zealand relies on aviation quite a bit more than

1381
01:04:19,680 --> 01:04:23,480
Speaker 23: most countries around the world. About fourteen to sixteen percent

1382
01:04:23,480 --> 01:04:26,040
Speaker 23: of our GDP relies on it. I mean, if you

1383
01:04:26,080 --> 01:04:29,200
Speaker 23: contrast that with the United States, which is a you know,

1384
01:04:29,880 --> 01:04:34,200
Speaker 23: a very mature and a significant aviation market, but four

1385
01:04:34,240 --> 01:04:37,400
Speaker 23: percent of their national GDP relies on it. And that's

1386
01:04:37,400 --> 01:04:38,280
Speaker 23: for obvious reasons.

1387
01:04:38,360 --> 01:04:38,480
Speaker 10: Right.

1388
01:04:38,520 --> 01:04:42,200
Speaker 23: We're a fairly large, sparsely populated country in the middle

1389
01:04:42,200 --> 01:04:45,200
Speaker 23: of nowhere, far away from everywhere else, and we need

1390
01:04:45,240 --> 01:04:49,720
Speaker 23: the airline. So this is tough circumstances for air New Zealand.

1391
01:04:50,040 --> 01:04:52,520
Speaker 23: But it's not lost on us that that creates a

1392
01:04:52,520 --> 01:04:57,040
Speaker 23: lot of strain on New Zealand and so we have

1393
01:04:57,120 --> 01:05:00,240
Speaker 23: to work damn hard to resolve them rather than feel

1394
01:05:00,240 --> 01:05:01,080
Speaker 23: sorry for ourselves.

1395
01:05:01,200 --> 01:05:03,400
Speaker 2: Given you are now in charge, and given what you

1396
01:05:03,520 --> 01:05:06,800
Speaker 2: told the market yesterday, what state is the company in

1397
01:05:07,240 --> 01:05:07,720
Speaker 2: right now?

1398
01:05:09,920 --> 01:05:11,520
Speaker 23: The company is in a fantastic state.

1399
01:05:11,720 --> 01:05:11,920
Speaker 10: You know.

1400
01:05:11,960 --> 01:05:15,760
Speaker 23: The fundamentals of the business are in real good shape.

1401
01:05:16,080 --> 01:05:18,200
Speaker 23: We've been doing a lot of work around investing in

1402
01:05:18,440 --> 01:05:21,480
Speaker 23: core infrastructure, as I've mentioned to you, and it's a

1403
01:05:21,480 --> 01:05:27,280
Speaker 23: complex business, like all of us. We bet on the

1404
01:05:27,320 --> 01:05:30,800
Speaker 23: fact that we had bottomed out from a sort of

1405
01:05:31,480 --> 01:05:34,560
Speaker 23: economic standpoint and things were coming right, and that's taken

1406
01:05:34,680 --> 01:05:36,920
Speaker 23: longer than we would like. We also bet on the

1407
01:05:36,960 --> 01:05:40,160
Speaker 23: fact that taking the word of our key suppliers that

1408
01:05:40,240 --> 01:05:43,200
Speaker 23: we have our engines back and those both of those

1409
01:05:43,240 --> 01:05:46,840
Speaker 23: things are taking a bit longer now. What I'm not saying, Mike,

1410
01:05:46,960 --> 01:05:48,840
Speaker 23: is that we don't have work to do. You know,

1411
01:05:48,920 --> 01:05:51,480
Speaker 23: there is always work to do to improve your business,

1412
01:05:51,480 --> 01:05:54,320
Speaker 23: and we've got extensive plans to do that. But the

1413
01:05:54,320 --> 01:05:56,280
Speaker 23: fundamentals of the business are very strong.

1414
01:05:56,520 --> 01:05:59,480
Speaker 2: Have you been lit down by aeroplane supplies and engine supplies,

1415
01:05:59,520 --> 01:06:01,640
Speaker 2: I mean fundamentally let down.

1416
01:06:02,240 --> 01:06:04,880
Speaker 23: They've struggled with the same things that we've had to

1417
01:06:04,880 --> 01:06:08,640
Speaker 23: struggle with. Restarting the aviation system has been more complicated.

1418
01:06:08,760 --> 01:06:12,800
Speaker 23: You know, your titanium suppliers are in regions where there's war,

1419
01:06:12,960 --> 01:06:16,120
Speaker 23: for example. You know you've lost your engineers because we'd

1420
01:06:16,360 --> 01:06:22,320
Speaker 23: built this highly globalized network of labor and parts, and

1421
01:06:22,440 --> 01:06:24,800
Speaker 23: those things are, as we all know, a bit wobbly

1422
01:06:24,840 --> 01:06:27,200
Speaker 23: at the moment. So I'm not sure I want to

1423
01:06:27,280 --> 01:06:31,560
Speaker 23: necessarily throw them under the bus. But you know, it's

1424
01:06:31,640 --> 01:06:34,080
Speaker 23: been a while since we've come out of COVID. We

1425
01:06:34,120 --> 01:06:35,720
Speaker 23: all need to sort of get on with it, and

1426
01:06:35,800 --> 01:06:39,440
Speaker 23: they are. Last week, actually, I was with our board

1427
01:06:40,600 --> 01:06:44,480
Speaker 23: with the CEO of Boeing Group and the CEO of

1428
01:06:44,560 --> 01:06:48,440
Speaker 23: the global Boeing Global Aviation Business, and they gave us

1429
01:06:48,560 --> 01:06:50,800
Speaker 23: most of their day. And we're a small airline, a

1430
01:06:50,920 --> 01:06:54,680
Speaker 23: very small customer. We have great relationships with them, and

1431
01:06:54,720 --> 01:06:57,080
Speaker 23: they are coming right. They're starting to build more seven

1432
01:06:57,120 --> 01:06:58,720
Speaker 23: eight sevens in their factory in Charleston.

1433
01:06:58,960 --> 01:07:01,480
Speaker 2: Good all right, Nickel robershank In the new CEO of

1434
01:07:01,560 --> 01:07:03,600
Speaker 2: in New Zealand more on a moment. Thirteen past eight.

1435
01:07:04,480 --> 01:07:09,120
Speaker 1: The mic Asking Breakfast Full Show podcast on iHeartRadio, powered

1436
01:07:09,120 --> 01:07:09,880
Speaker 1: by News Talks.

1437
01:07:09,880 --> 01:07:13,040
Speaker 2: It be News Talks. It'll be sixteen past eight. Nicol

1438
01:07:13,120 --> 01:07:16,320
Speaker 2: Robershanker is the New Air New Zealand CEO. One of

1439
01:07:16,360 --> 01:07:18,280
Speaker 2: the most contentious things you'll deal with, and you'll be

1440
01:07:18,280 --> 01:07:20,040
Speaker 2: well aware of it, given you're not new to the company.

1441
01:07:20,120 --> 01:07:22,840
Speaker 2: Is this business of regional New Zealand and you rip

1442
01:07:22,880 --> 01:07:25,040
Speaker 2: people off and it's nine million dollars to fly to

1443
01:07:25,040 --> 01:07:27,720
Speaker 2: Tamuru and it's unfair. How do you address that?

1444
01:07:29,160 --> 01:07:33,240
Speaker 23: I get that flying is very expensive. It's as expensive

1445
01:07:33,280 --> 01:07:37,600
Speaker 23: as it's ever been. One of the reasons for that

1446
01:07:38,240 --> 01:07:42,080
Speaker 23: is the costs of running an airline has gone up significantly.

1447
01:07:42,920 --> 01:07:45,280
Speaker 23: Just to give you one stat we spend about four

1448
01:07:45,280 --> 01:07:48,640
Speaker 23: million dollars a day on fuel. A day on fuel

1449
01:07:49,800 --> 01:07:53,480
Speaker 23: costs have gone up about forty five percent. One of

1450
01:07:53,480 --> 01:07:56,520
Speaker 23: those costs is our own internal labor and that's gone

1451
01:07:56,600 --> 01:08:01,760
Speaker 23: up about twenty six percent since nineteen so at or

1452
01:08:01,880 --> 01:08:06,960
Speaker 23: just below inflation. But spare parts are more expensive, aircraft

1453
01:08:07,120 --> 01:08:11,120
Speaker 23: more expensive, and you know. The more sinister issue, as

1454
01:08:11,160 --> 01:08:14,480
Speaker 23: you know, and it's it's been Greg's passion project and

1455
01:08:14,480 --> 01:08:17,799
Speaker 23: it will continue to be mine, is the aviation system

1456
01:08:17,840 --> 01:08:21,280
Speaker 23: costs that have gone up significantly, including our landing charges.

1457
01:08:21,720 --> 01:08:24,439
Speaker 23: So what we're trying to do is not pass all

1458
01:08:24,479 --> 01:08:27,320
Speaker 23: of it to the consumer because we get that air

1459
01:08:27,360 --> 01:08:32,599
Speaker 23: travel is expensive, and our recent market guidance is proof

1460
01:08:32,640 --> 01:08:37,320
Speaker 23: of that. But we'll continue to try and optimize costs

1461
01:08:37,360 --> 01:08:39,560
Speaker 23: and we'll continue to fight for long term interests of

1462
01:08:39,600 --> 01:08:45,120
Speaker 23: the consumer. But in certain situations, Mike, there is probably

1463
01:08:45,200 --> 01:08:48,520
Speaker 23: a need for us to look at sort of situational

1464
01:08:48,960 --> 01:08:53,000
Speaker 23: subsidies for some of these routes. I've spent a bit

1465
01:08:53,040 --> 01:08:56,040
Speaker 23: of time studying what happens in Norway, for example. You know,

1466
01:08:56,120 --> 01:08:59,120
Speaker 23: there are communities that rely on air travel quite significantly.

1467
01:08:59,560 --> 01:09:04,160
Speaker 23: There are very very sub subeconomic you know, our competitors

1468
01:09:04,200 --> 01:09:07,960
Speaker 23: have no interest in going anywhere near those places. We

1469
01:09:08,000 --> 01:09:11,559
Speaker 23: do because we don't have a transactional relationship with New Zealand.

1470
01:09:12,479 --> 01:09:14,200
Speaker 23: But we need to make sure that we continue to

1471
01:09:14,240 --> 01:09:15,479
Speaker 23: keep those communities connected.

1472
01:09:15,560 --> 01:09:17,400
Speaker 2: So the subsidy comes from where the government or.

1473
01:09:17,400 --> 01:09:21,920
Speaker 23: You well, at the moment, there is none and so

1474
01:09:22,320 --> 01:09:28,000
Speaker 23: we're you know, the shareholder is by you know, it

1475
01:09:28,200 --> 01:09:31,640
Speaker 23: ends up subsidizing, I suppose, but it needs to be

1476
01:09:31,680 --> 01:09:34,880
Speaker 23: more of a systematic conversation about what does air travel

1477
01:09:34,960 --> 01:09:37,439
Speaker 23: mean to the local GDP of the regions and how

1478
01:09:37,439 --> 01:09:38,840
Speaker 23: do we continue to support that.

1479
01:09:38,840 --> 01:09:41,320
Speaker 2: That's encouraging if I take you what you would and

1480
01:09:41,360 --> 01:09:43,960
Speaker 2: what you said to the market yesterday. You are losing money.

1481
01:09:43,960 --> 01:09:47,040
Speaker 2: You expect to lose money. So if you got all

1482
01:09:47,120 --> 01:09:49,720
Speaker 2: your planes, and you got all your engines, and you

1483
01:09:49,840 --> 01:09:52,599
Speaker 2: got what you said before about the company's structurally being

1484
01:09:52,640 --> 01:09:55,920
Speaker 2: in a sound place, one would you be making money?

1485
01:09:55,960 --> 01:09:57,040
Speaker 2: And two how much.

1486
01:09:59,200 --> 01:10:03,320
Speaker 23: National flac car particularly New Zealand. So in New Zealand,

1487
01:10:03,360 --> 01:10:06,360
Speaker 23: so air New Zealand. Because we are a small market,

1488
01:10:07,560 --> 01:10:12,920
Speaker 23: our success is inextricably linked with New Zealand's success. So

1489
01:10:13,160 --> 01:10:15,760
Speaker 23: the other variable I'd throw in there is the New

1490
01:10:15,840 --> 01:10:19,960
Speaker 23: Zealand economy. If all of those conditions are true, of

1491
01:10:20,000 --> 01:10:25,519
Speaker 23: course we would be making money and a sustainable airline.

1492
01:10:25,560 --> 01:10:28,360
Speaker 23: And New Zealand needs a sustainable airline more than most

1493
01:10:28,600 --> 01:10:33,040
Speaker 23: countries for the reasons I pointed out earlier. Should be

1494
01:10:33,160 --> 01:10:37,880
Speaker 23: making reasonably somewhere between eight to ten percent EBIT margin

1495
01:10:38,680 --> 01:10:42,599
Speaker 23: and about fourteen percent return on invested capital. That would

1496
01:10:42,600 --> 01:10:44,960
Speaker 23: be at a sort of six billion dollars of revenue,

1497
01:10:44,960 --> 01:10:48,000
Speaker 23: about four hundred and eighty million to six hundred million dollars.

1498
01:10:48,000 --> 01:10:49,599
Speaker 2: So let's bpak to the good or though it's pre COVID,

1499
01:10:49,600 --> 01:10:52,320
Speaker 2: that was the number roughly right, roughly.

1500
01:10:52,120 --> 01:10:52,920
Speaker 10: Yeah, it was.

1501
01:10:53,120 --> 01:10:54,040
Speaker 2: It was sort of the number.

1502
01:10:54,120 --> 01:10:56,679
Speaker 23: And to put that in context, you know, last year's

1503
01:10:56,680 --> 01:10:59,880
Speaker 23: profit one hundred and thirty million dollars or just under

1504
01:11:00,520 --> 01:11:02,120
Speaker 23: wouldn't buy you half a seven eight.

1505
01:11:02,040 --> 01:11:04,960
Speaker 11: Seven, could you be?

1506
01:11:05,080 --> 01:11:06,840
Speaker 2: I mean, I know you won't want to answer this,

1507
01:11:06,920 --> 01:11:09,479
Speaker 2: but does having a government with the stake they've got,

1508
01:11:09,840 --> 01:11:11,479
Speaker 2: is that good for business or not? Or should you

1509
01:11:11,520 --> 01:11:11,920
Speaker 2: be sold?

1510
01:11:13,680 --> 01:11:17,880
Speaker 23: That's a question for the shareholder and the board. But

1511
01:11:18,240 --> 01:11:20,400
Speaker 23: if you want my opinion, because I've got one, I

1512
01:11:20,479 --> 01:11:24,760
Speaker 23: love this country and given what's happening to geopolitically and so on,

1513
01:11:25,240 --> 01:11:29,080
Speaker 23: I think an airline is critically important.

1514
01:11:28,680 --> 01:11:32,840
Speaker 2: For New Zealand to be owned by New Zealanders, well, for.

1515
01:11:32,840 --> 01:11:35,040
Speaker 23: New Zealanders have to have some agency in that.

1516
01:11:35,080 --> 01:11:38,920
Speaker 2: So either floated or owned directly by the government, whatever

1517
01:11:38,960 --> 01:11:41,400
Speaker 2: way you wanted. Well, the only thing I'd argue with

1518
01:11:41,560 --> 01:11:43,120
Speaker 2: is because we're running out of time. The only thing

1519
01:11:43,160 --> 01:11:45,599
Speaker 2: I'd argue with when you talk about the New Zealand economy.

1520
01:11:45,600 --> 01:11:47,920
Speaker 2: You're right, but to the extent that we've seen it

1521
01:11:47,920 --> 01:11:52,599
Speaker 2: all over the world. People travel and we travel. Yes,

1522
01:11:52,960 --> 01:11:55,519
Speaker 2: you don't seem to be benefiting from that the way

1523
01:11:55,560 --> 01:11:59,519
Speaker 2: other airlines are. Some airlines globally are fantastically profitable because

1524
01:11:59,520 --> 01:12:03,400
Speaker 2: we've all gone nuts post COVID. We have gone nuts.

1525
01:12:04,080 --> 01:12:06,320
Speaker 23: You know, we as New zealand as aren't traveling to

1526
01:12:06,320 --> 01:12:08,800
Speaker 23: the United States as much, for example, because they're dollars

1527
01:12:08,840 --> 01:12:12,000
Speaker 23: a week and politics may or may not have a

1528
01:12:12,080 --> 01:12:15,439
Speaker 23: role in it, but you know, we need to we

1529
01:12:15,479 --> 01:12:18,320
Speaker 23: need to acknowledge that. And just to be clear, Mike,

1530
01:12:18,560 --> 01:12:21,040
Speaker 23: I think companies like Air New Zealand can't be victims

1531
01:12:21,080 --> 01:12:22,560
Speaker 23: of the you know, economy.

1532
01:12:23,000 --> 01:12:23,559
Speaker 17: We have a.

1533
01:12:23,760 --> 01:12:26,400
Speaker 23: Massive role to play to influence the outcome. And one

1534
01:12:26,400 --> 01:12:29,719
Speaker 23: way we're influencing the outcome is going to places like Asia,

1535
01:12:30,040 --> 01:12:32,640
Speaker 23: going to places like the United States and trying to

1536
01:12:32,680 --> 01:12:37,080
Speaker 23: convince the recession proof rich citizens of those places to

1537
01:12:37,120 --> 01:12:39,800
Speaker 23: get here and spend their money not once, but make

1538
01:12:39,840 --> 01:12:43,240
Speaker 23: New Zealand a repeat, you know, destination for their holidays.

1539
01:12:43,240 --> 01:12:44,080
Speaker 2: How long are you here for?

1540
01:12:46,920 --> 01:12:50,599
Speaker 23: I think, you know, one of the things Greg's done

1541
01:12:51,000 --> 01:12:55,400
Speaker 23: is really created room for growth and having a good

1542
01:12:55,400 --> 01:12:59,520
Speaker 23: succession plan in place. Working for Air New Zealand is

1543
01:12:59,600 --> 01:13:02,960
Speaker 23: honestly truly one of the great honors and privileges in

1544
01:13:03,000 --> 01:13:06,160
Speaker 23: my life. But I have a huge responsibility to then

1545
01:13:07,160 --> 01:13:09,240
Speaker 23: make sure someone else is ready to take that over.

1546
01:13:09,400 --> 01:13:13,120
Speaker 23: So as soon as a good succession plan is in

1547
01:13:13,160 --> 01:13:15,639
Speaker 23: place and we've sort of navigated through the next chapter,

1548
01:13:16,240 --> 01:13:18,400
Speaker 23: I'll get out of the way and give the next

1549
01:13:18,560 --> 01:13:19,280
Speaker 23: person I go.

1550
01:13:19,760 --> 01:13:22,240
Speaker 2: We will talk to you again, hopefully soon. Appreciate it

1551
01:13:22,320 --> 01:13:26,040
Speaker 2: very much. Nicole rebishankin the new CEO of The New Zealand.

1552
01:13:25,760 --> 01:13:29,960
Speaker 1: A twenty two The mic Hosking Breakfit with The Defender

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Speaker 2: Health at about health dot co dot NZ. Asking might

1573
01:14:24,640 --> 01:14:26,920
Speaker 2: be in New Zealand. CEO. Sounds very genuine, but only

1574
01:14:26,960 --> 01:14:28,919
Speaker 2: time will tell him. He's up for the job, obviously,

1575
01:14:29,520 --> 01:14:32,360
Speaker 2: but we wish him well. Fantastic interview with Nicol Mike.

1576
01:14:32,600 --> 01:14:36,040
Speaker 2: Such an educated, informed and honest person. I didn't see

1577
01:14:36,040 --> 01:14:39,400
Speaker 2: the same understanding of the business with Greg. Best of luck.

1578
01:14:39,920 --> 01:14:42,280
Speaker 2: Sounds like an interim fix it man, a manager in

1579
01:14:42,320 --> 01:14:47,280
Speaker 2: between two leaders. So there you go. Can't win them all,

1580
01:14:47,320 --> 01:14:49,439
Speaker 2: can you? News for you in a couple of moments.

1581
01:14:49,520 --> 01:14:54,519
Speaker 2: This gang grooming inquiry seems to be blowing up on

1582
01:14:54,600 --> 01:14:56,960
Speaker 2: the government's face in Britain at the moment. So we'll

1583
01:14:57,080 --> 01:15:00,000
Speaker 2: get the update from Rod and also some interesting news

1584
01:15:00,040 --> 01:15:02,280
Speaker 2: on the pending budget this morning as well. Rod Liddle

1585
01:15:02,600 --> 01:15:05,360
Speaker 2: from the United Kingdom. After the news, which is next,

1586
01:15:05,600 --> 01:15:06,680
Speaker 2: you would use talk z B.

1587
01:15:08,840 --> 01:15:14,360
Speaker 1: Opinion, edit, informed, unapologetic, the mic asking breakfast with Bailey's

1588
01:15:14,400 --> 01:15:16,080
Speaker 1: real estate finding the buyers.

1589
01:15:16,240 --> 01:15:17,919
Speaker 3: Others can't use togs headb.

1590
01:15:17,880 --> 01:15:19,880
Speaker 2: Mike here in New Zealand CEO, breath of fresh air,

1591
01:15:19,920 --> 01:15:22,240
Speaker 2: give the man a meddle, what aon absolutely awesome attitude.

1592
01:15:22,280 --> 01:15:25,080
Speaker 2: Mikey in New Zealand CEO came across as competent, factual

1593
01:15:25,479 --> 01:15:30,200
Speaker 2: and understanding, answered pointy questions and usual CEO manner, but

1594
01:15:30,280 --> 01:15:32,800
Speaker 2: with a bit more depth than we usually receive. Thanks

1595
01:15:32,800 --> 01:15:36,240
Speaker 2: for the appropriate interview. Thank you, Mike. Great interview with

1596
01:15:36,280 --> 01:15:38,879
Speaker 2: the New Zealand CEO. He sounds well across the business

1597
01:15:38,920 --> 01:15:41,800
Speaker 2: and the operating environment. There we go. If I was

1598
01:15:42,120 --> 01:15:44,599
Speaker 2: interested in a report card on that, I'd be feeling

1599
01:15:44,600 --> 01:15:46,519
Speaker 2: pretty good about it. Twenty three minutes away from.

1600
01:15:46,439 --> 01:15:50,760
Speaker 14: Nine International correspondence with Ends and Eye Insurance, Peace of

1601
01:15:50,800 --> 01:15:53,200
Speaker 14: mind for New Zealand business to the UK.

1602
01:15:53,120 --> 01:15:55,680
Speaker 2: We go and Rod Little's with us. Roderick, good morning.

1603
01:15:55,400 --> 01:15:58,160
Speaker 22: To you, Good morning to you, Mane.

1604
01:15:58,200 --> 01:16:01,240
Speaker 2: This grooming gang inquiry seems from the side of the

1605
01:16:01,240 --> 01:16:03,400
Speaker 2: world to be a calamitous miss, is it.

1606
01:16:05,400 --> 01:16:09,559
Speaker 22: Yes, it has been exactly as bad as you were.

1607
01:16:09,760 --> 01:16:11,920
Speaker 22: As you paint it. And it's as bad as that

1608
01:16:12,280 --> 01:16:16,000
Speaker 22: because it was set up opportunistically by the government to

1609
01:16:16,439 --> 01:16:20,599
Speaker 22: try and deflect attention away from what everybody wanted, which

1610
01:16:20,640 --> 01:16:24,200
Speaker 22: was a proper judicial inquiry with a judge leading it.

1611
01:16:24,200 --> 01:16:30,200
Speaker 22: It has been a catalog of disasters. It's destroyed the

1612
01:16:30,280 --> 01:16:34,439
Speaker 22: reputation of the of the rather gobby but very popular

1613
01:16:34,479 --> 01:16:40,200
Speaker 22: at one point Labor chair Chess Phillips. And so far,

1614
01:16:41,080 --> 01:16:46,440
Speaker 22: you know, we've had four of the people who survived

1615
01:16:46,760 --> 01:16:51,560
Speaker 22: abuse the hands of Asian rape gangs all have resigned

1616
01:16:51,600 --> 01:16:55,040
Speaker 22: from the from the from the inquiry itself, and now

1617
01:16:55,240 --> 01:16:58,840
Speaker 22: it's very worst. That bloke who was expected to take

1618
01:16:58,880 --> 01:17:02,280
Speaker 22: over as chair, Jim Gamble, a former head of Child

1619
01:17:02,280 --> 01:17:07,280
Speaker 22: Exploitation and Online Protection Center, has also stood down, talking

1620
01:17:07,320 --> 01:17:11,880
Speaker 22: about political opportunism. So it's it's it's it's it's a

1621
01:17:12,080 --> 01:17:13,000
Speaker 22: it's a wreckage.

1622
01:17:13,360 --> 01:17:16,960
Speaker 2: So in so just a bank. What is the problem

1623
01:17:17,040 --> 01:17:19,200
Speaker 2: is what that it's a stitch up. It's not real.

1624
01:17:19,360 --> 01:17:21,400
Speaker 2: They don't believe in it. It's going nowhere? Is that

1625
01:17:21,600 --> 01:17:22,880
Speaker 2: is that the cracks of it?

1626
01:17:23,240 --> 01:17:25,080
Speaker 22: Yeah, that's roughly it. That it's not going to be

1627
01:17:25,120 --> 01:17:28,000
Speaker 22: taken seriously enough. And then it's got a predetermined outcome.

1628
01:17:28,240 --> 01:17:31,720
Speaker 22: If you remember, the Labor government did not want a

1629
01:17:31,840 --> 01:17:37,000
Speaker 22: national inquiry at all under any circumstances, because they knew

1630
01:17:37,080 --> 01:17:41,240
Speaker 22: it would offend their very large proportion of voters who

1631
01:17:41,240 --> 01:17:46,679
Speaker 22: are Muslim. And indeed it will, I will have thought

1632
01:17:46,680 --> 01:17:50,360
Speaker 22: if he was going to do its job properly. And

1633
01:17:50,439 --> 01:17:52,320
Speaker 22: so they fought tooth and they will not have a

1634
01:17:52,400 --> 01:17:56,200
Speaker 22: national inquiry. Finally gave in when the Commons went berserk

1635
01:17:56,280 --> 01:17:59,439
Speaker 22: and said you've got to do this and and but

1636
01:17:59,680 --> 01:18:05,280
Speaker 22: but did it in a way which was well short

1637
01:18:05,320 --> 01:18:07,240
Speaker 22: of what any of the survivors were after.

1638
01:18:08,760 --> 01:18:12,000
Speaker 2: This story has had no coverage in this country at all.

1639
01:18:12,040 --> 01:18:13,960
Speaker 2: And I can't work out why the Tel Aviv thing.

1640
01:18:14,200 --> 01:18:18,000
Speaker 2: And it's the Europa League, isn't it.

1641
01:18:18,000 --> 01:18:20,840
Speaker 22: It's just the Europa League, So what one step down

1642
01:18:20,840 --> 01:18:23,040
Speaker 22: from there from the European Champions League here?

1643
01:18:23,400 --> 01:18:25,920
Speaker 2: How did they let them? I mean, how do you

1644
01:18:26,040 --> 01:18:28,599
Speaker 2: ban people because they're Jewish going to football?

1645
01:18:30,200 --> 01:18:33,639
Speaker 22: It's it's it's remarkable, remarkable, and they had a shock

1646
01:18:33,760 --> 01:18:37,080
Speaker 22: to House of Commons, shocked the Prime Minister. But don't

1647
01:18:37,080 --> 01:18:40,439
Speaker 22: forget we're talking about Birmingham, where the police and council

1648
01:18:40,479 --> 01:18:42,840
Speaker 22: are aware that thirty percent of the people living there

1649
01:18:42,840 --> 01:18:45,200
Speaker 22: are Muslim and some of them are very angry Muslims.

1650
01:18:46,479 --> 01:18:49,760
Speaker 22: But it seems as well well basically aston Villa were

1651
01:18:49,760 --> 01:18:53,840
Speaker 22: to pay to play Maccabee Hyper Maccabi tel Aviv rather

1652
01:18:54,000 --> 01:18:58,960
Speaker 22: in the the Europa Cup, and the decision was taken

1653
01:18:59,080 --> 01:19:03,400
Speaker 22: by the Midlands Police in conjunction with West Midlands Council

1654
01:19:03,840 --> 01:19:08,120
Speaker 22: that Maccabee Tel Aviv fans would be banned from attending.

1655
01:19:08,439 --> 01:19:10,280
Speaker 22: Of course, an awful one of those fans of people

1656
01:19:10,280 --> 01:19:14,519
Speaker 22: who live in this country well, who support them from

1657
01:19:14,560 --> 01:19:19,400
Speaker 22: Afar usually so quite clearly on the other side of

1658
01:19:19,439 --> 01:19:23,360
Speaker 22: the fence, Zara Sultana, who's one of the co founders

1659
01:19:23,400 --> 01:19:26,759
Speaker 22: of the very very left wing Your Party with Jeremy Corby,

1660
01:19:27,240 --> 01:19:29,800
Speaker 22: has said that Maccabee Hyper fans shouldn't really be banned

1661
01:19:29,840 --> 01:19:32,040
Speaker 22: from going to the match. They should be arrested if

1662
01:19:32,040 --> 01:19:35,040
Speaker 22: they set foot in the country as been complicit in

1663
01:19:35,080 --> 01:19:39,120
Speaker 22: the genocide of Palestinians. That is the level of hatred

1664
01:19:40,000 --> 01:19:44,160
Speaker 22: and vitriol which Jewish people in Great Britain I'm afraid

1665
01:19:44,160 --> 01:19:45,639
Speaker 22: are getting every day done.

1666
01:19:45,720 --> 01:19:48,120
Speaker 2: Really, how does it get resolved? I mean sure of

1667
01:19:48,120 --> 01:19:49,600
Speaker 2: them being able to go to the match, like you know,

1668
01:19:49,800 --> 01:19:52,599
Speaker 2: you're allowed to because it's a free society. Sure, how

1669
01:19:52,600 --> 01:19:53,480
Speaker 2: do you resolve.

1670
01:19:54,760 --> 01:19:58,120
Speaker 22: Well, it may resolve itself by Maccabee tel Aviv saying

1671
01:19:58,160 --> 01:19:59,960
Speaker 22: they don't want their fans to go because they fear

1672
01:20:00,120 --> 01:20:06,559
Speaker 22: their safety, which is which is another possibility. But as

1673
01:20:06,560 --> 01:20:10,720
Speaker 22: far as I could see, all of the authorities investigating

1674
01:20:10,760 --> 01:20:13,679
Speaker 22: with us say that mcabee Televi Evans should be allowed

1675
01:20:13,800 --> 01:20:16,080
Speaker 22: to gain and they were trying to work towards a

1676
01:20:16,120 --> 01:20:17,679
Speaker 22: resolution which will get them there.

1677
01:20:17,960 --> 01:20:21,400
Speaker 2: Unreal. I'm still really I got your inflation number this morning,

1678
01:20:21,400 --> 01:20:23,680
Speaker 2: which is jeez, we thought we were bared at three year.

1679
01:20:23,720 --> 01:20:26,719
Speaker 2: At three point seven, I'm looking forward to Rachel's magic

1680
01:20:27,040 --> 01:20:29,200
Speaker 2: that she calls a budget coming up as your national

1681
01:20:29,240 --> 01:20:33,000
Speaker 2: date yesterday hit a record setting two point nine pounds.

1682
01:20:33,640 --> 01:20:35,559
Speaker 2: How does she dig herself out of this? I mean

1683
01:20:35,680 --> 01:20:38,080
Speaker 2: there's I just don't see anything in your economy that

1684
01:20:38,960 --> 01:20:41,040
Speaker 2: fills me with a level of confidence i'd be looking

1685
01:20:41,040 --> 01:20:42,280
Speaker 2: for if I was the chancellor.

1686
01:20:43,920 --> 01:20:46,120
Speaker 22: Tax rises is the answer, and I was just going

1687
01:20:46,120 --> 01:20:49,479
Speaker 22: to put up income tax. I would have thought quite

1688
01:20:49,520 --> 01:20:51,880
Speaker 22: possibly on both the top two rats of income texts.

1689
01:20:52,200 --> 01:20:56,160
Speaker 22: That's I said. What she will say, so indirect contravention

1690
01:20:56,280 --> 01:20:58,880
Speaker 22: of everything that she said during the lead up to

1691
01:20:58,880 --> 01:21:04,080
Speaker 22: the last election. She will try she will try to

1692
01:21:04,200 --> 01:21:07,559
Speaker 22: pretend that she's also cutting welfare benefits, but they will

1693
01:21:07,600 --> 01:21:11,400
Speaker 22: continue to grow and grow and grow because she can

1694
01:21:11,479 --> 01:21:14,960
Speaker 22: make no meaningful cutting them. When there is a Labor

1695
01:21:15,000 --> 01:21:19,000
Speaker 22: majority in the House, it just won't get passed through

1696
01:21:20,120 --> 01:21:24,320
Speaker 22: and so it will go from bad to worse. This budget.

1697
01:21:24,840 --> 01:21:27,080
Speaker 22: I cannot remember people dreading the budget.

1698
01:21:28,160 --> 01:21:29,800
Speaker 2: Yeah, I get that, ye all right, might go, well,

1699
01:21:29,800 --> 01:21:31,360
Speaker 2: we'll see you next week. Appreciate it very much. Rod

1700
01:21:31,360 --> 01:21:33,040
Speaker 2: a little out of out of Britain this morning. By

1701
01:21:33,080 --> 01:21:34,400
Speaker 2: the way, it's been a pole. I gave you the

1702
01:21:34,400 --> 01:21:36,879
Speaker 2: pole the other day in Britain, the Yugas in England

1703
01:21:37,479 --> 01:21:39,920
Speaker 2: and farage and reform are going to bolt home in

1704
01:21:39,960 --> 01:21:42,759
Speaker 2: a way that you thought that pole can't possibly be accurate.

1705
01:21:43,360 --> 01:21:46,599
Speaker 2: Not as dramatic but interesting. Nevertheless, they vote next year,

1706
01:21:47,320 --> 01:21:50,720
Speaker 2: so it's more relevant. In Wales and the poll out

1707
01:21:50,800 --> 01:21:54,160
Speaker 2: yesterday Reform I've got a seven point lead over Labor.

1708
01:21:54,280 --> 01:21:59,560
Speaker 2: This is both in research thirty percent up five for reform.

1709
01:22:00,240 --> 01:22:02,840
Speaker 2: Just a growth from June Labour on twenty three, so

1710
01:22:02,920 --> 01:22:07,840
Speaker 2: thirty to twenty three, Playedcomery. The Welsh Party twenty two

1711
01:22:08,080 --> 01:22:11,800
Speaker 2: Conservatives eleven, Greens nine. Now what's interesting about that is

1712
01:22:11,840 --> 01:22:15,000
Speaker 2: they tried to extrapolate out the numbers into seats because

1713
01:22:15,080 --> 01:22:18,200
Speaker 2: first past the post, of course, it seems that reform

1714
01:22:18,200 --> 01:22:23,840
Speaker 2: would have thirty seven, the remaining fifty nine will be split,

1715
01:22:24,080 --> 01:22:26,640
Speaker 2: and so therefore no one would deal with reform. So

1716
01:22:26,680 --> 01:22:28,840
Speaker 2: you're into that scenario that you've had in places like

1717
01:22:28,920 --> 01:22:33,920
Speaker 2: Holland where the leading party can't form a government. Popular

1718
01:22:34,360 --> 01:22:38,599
Speaker 2: but not popular enough to form a government. Sixteen two The.

1719
01:22:38,600 --> 01:22:43,040
Speaker 1: High Asking Breakfast Fall Show podcast on iHeartRadio powered by

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Speaker 1: News Talks at b.

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Speaker 2: Is this unfair? Let me ask you this. Thirteen to nine, Mike,

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Speaker 2: we have a high profile mayor, Ken Laban. I know

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01:22:49,800 --> 01:22:52,360
Speaker 2: Ken Kim's a good bloke. He was commentating the rugby

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01:22:52,439 --> 01:22:55,679
Speaker 2: league at Mount Smart last weekend. Continuing this commentating career

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01:22:55,680 --> 01:22:58,000
Speaker 2: while mayor of one of New Zealand's biggest cities doesn't

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01:22:58,040 --> 01:23:04,200
Speaker 2: seem right, doesn't it. You realize what mayors do, don't you,

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Speaker 2: babr All, he'd be grateful for a bit of something

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Speaker 2: to keep himself occupied. I mean, couldn'tess sake? Was it

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Speaker 2: Michael Laws years ago? Was he the mayor of Napier

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Speaker 2: or wherever he was was long I know he was

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01:23:16,920 --> 01:23:19,040
Speaker 2: to he said it was a part time job at

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01:23:19,040 --> 01:23:22,719
Speaker 2: the best. You know, now, next time we get Erica

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01:23:22,800 --> 01:23:24,639
Speaker 2: on the program, I'm needing to talk to her about

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Speaker 2: this business. So this goes back once again to the primary.

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Speaker 2: Back at the start, it was the Prime Minister and

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Speaker 2: the change of rules for the eighteen to nineteen year

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Speaker 2: odds on job seeker and how there were people crying

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Speaker 2: out for workers, and then you know, half the media

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01:23:36,000 --> 01:23:37,960
Speaker 2: went about the place trying to tell us there were

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Speaker 2: no jobs, and you know, these poor people couldn't possibly

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Speaker 2: find a job of their life depended on it. And

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Speaker 2: then yesterday gave you the example of the engineering logistics

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Speaker 2: industry in general that was one hundred and fifty seven

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01:23:47,800 --> 01:23:50,120
Speaker 2: thousand short and we needed more people into it. Otherwise

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Speaker 2: we're importing people now this morning, and can tell you

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Speaker 2: about the bus drivers. So we've got a looming driver shortage.

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Speaker 2: Apparently the government needs to review. They claim the post

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01:23:57,960 --> 01:24:01,479
Speaker 2: grade level English language require it's for residency. Now many

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Speaker 2: of the people in the country, of course, who are

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Speaker 2: bus drivers, come into the country from offshore and they

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01:24:05,439 --> 01:24:08,720
Speaker 2: come in for a residency path. About twenty percent of

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01:24:08,760 --> 01:24:11,400
Speaker 2: the urban public transport driver workforce is on a temporary

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01:24:11,439 --> 01:24:15,559
Speaker 2: work visa. Those visas expire apparently next year. Stanford, they say,

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Speaker 2: she says we should find New Zealand drivers. Well, of

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Speaker 2: course we should, but they would argue, I'm assuming we

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Speaker 2: can't find any. So once again we're back at this

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Speaker 2: weird intersection where we've got over one hundred thousand people

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Speaker 2: without a job, and we've got people looking for people

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Speaker 2: to do jobs, but we magically somehow can't find them.

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Speaker 2: Truck drivers they're problems as well. Now part of the

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Speaker 2: truck driver thing is they're arguing that they and they

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Speaker 2: cited a bloke he'd come in from South Africa. His

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Speaker 2: only language is English, but he's failing the test. So

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Speaker 2: you've got to score six point five on the specific test,

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Speaker 2: the IELTS general or academic test. Now he claims he

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Speaker 2: speaks English, he's from South Africa, but he keeps failing

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Speaker 2: the test. So it's four hundred dollars a test he's

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Speaker 2: done at six times, so two and a half thousand

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Speaker 2: dollars later, he's no better. Often because he count passed

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Speaker 2: the test, he doesn't get to be a resident. So

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Speaker 2: he's back off to South Africa, and all the other

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Speaker 2: people who've come into the country to drive a bus

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Speaker 2: back off home where they came from. So either we go, well, look,

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Speaker 2: if you can't speak the language to our understanding, then

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Speaker 2: forget it and we get local drivers, or we can't

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Speaker 2: get local drivers. We need to bring one or the other.

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Speaker 2: But there's a looming problem, so don't say you won't warned.

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Speaker 2: Ten away from nine.

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Speaker 1: The make Hosking Breakfast with Bailey's real estate news talks.

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Speaker 2: They'd be so excited to tell you about Bailey's more

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Speaker 2: than just property of course, total real estate solution. They'll

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Speaker 2: do it all family homes, beachside retreats, commercial properties. I'm

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Speaker 2: noticing actually a lot of advertising around the beachside retreats.

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Speaker 2: At the moment as the summer comes on, people in

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Speaker 2: the coastal parts of the country go, hm, we could

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Speaker 2: be a part of this anyway. The commercial properties, they'll

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Speaker 2: do that, industrial offerings, farmlets, yes, station's rural businesses. Anyway,

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Speaker 2: they've got your real estate needs covered. So their team

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Speaker 2: more than two thousand professionals, got one hundred officers nationwide.

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Speaker 2: They work in partnership men that you get the benefit

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Speaker 2: of collective expertise and international networks, better results, basically all together,

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01:26:05,640 --> 01:26:08,559
Speaker 2: better results. So people at the beating heart of everything

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01:26:08,600 --> 01:26:09,880
Speaker 2: they do. This is the key to all of this.

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01:26:10,000 --> 01:26:13,559
Speaker 2: They've built this legacy basically abouting value, consistently giving their

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01:26:13,600 --> 01:26:16,160
Speaker 2: clients the cutting edge in this competitive marketplace, and very

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Speaker 2: proud to be one hundred percent here. We owned and

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Speaker 2: operated a beatable local knowledge presence in every corner of

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01:26:21,160 --> 01:26:23,920
Speaker 2: the country because a friendly face and a firm handshake

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Speaker 2: is still the best way to do business. That's what

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Speaker 2: we know and love. So through a comprehensive range of

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Speaker 2: services and strategic international partnerships, don't forget about that, Bailey

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Speaker 2: is going to find the bars that others can't. It's

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Speaker 2: that simple. They're the best Baileys dot co, dot n

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Speaker 2: Z asking now, Zelensky is claiming this morning he agreed

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Speaker 2: with Trump to freeze, like stop the war right now

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Speaker 2: and we'll talk now. Zelensky claims he agreed to that.

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Speaker 2: It's now being reported this morning that Moscow didn't, isn't won't.

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Speaker 2: So Russia continuing demand full control of Donbas before they

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Speaker 2: go any further. So you get the sense that Trump

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Speaker 2: has been completely enoughughly stitched up and that Putin is

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Speaker 2: just playing him like a puppet, and never the Twain

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Speaker 2: shall meet. So I don't know now where this goes.

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Speaker 2: Because Trump keeps threatening that bad, bad things are going

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Speaker 2: to happen. He keep saying bad things are going to happen,

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Speaker 2: and bad things aren't happening. And Europe, I don't know

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Speaker 2: how many meetings they want to have about the stuff

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Speaker 2: they're going to do that never really eventuates or comes

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Speaker 2: to anything. We might have tomahawks or tomahawks. You don't

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Speaker 2: want tomahawks. Tomaks are very bad. And so with everybody

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Speaker 2: just sitting on their hands and having meetings and Trump

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Speaker 2: making phone calls and we're going to have this meeting

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Speaker 2: in Buddha Pesta. Whoops, No, we're not. Pretty much Putin's

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Speaker 2: running the show here, and until somebody changes and actually

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Speaker 2: does something apart from talking, Putin's going to continue to

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Speaker 2: run the show. Five minutes away from.

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Speaker 1: Nine trending now with Chemist where House Green safer every day.

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Speaker 2: Netflix are back with a new documentary. It's about Eddie Murphy.

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Speaker 2: They're on a roll. I mean, how many did they

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Speaker 2: just pick a comedian and make a documentary about them

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Speaker 2: get the same people. In fact, they've probably got Dave

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Speaker 2: Chappellen for seven hours and said, Dave, now we're going

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Speaker 2: to do a doco on it. We're gonna do a

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Speaker 2: doco on Jamie. We're going to do a doco on Kevin.

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Speaker 2: Thoughts on Kevin, thoughts on Jamie, thoughts on Eddie. I

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Speaker 2: think that's how it works anyway.

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Speaker 13: Yeah, I put on this different colored shirt.

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Speaker 2: Yeah, guess what Netflix are calling the doco about Edie Murphy.

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Speaker 2: They're calling it Eddie Murphy.

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Speaker 3: I've done so many different types of things.

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Speaker 11: Good morning, my neighbors.

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Speaker 3: He had that appointment with destiny.

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Speaker 1: He changed the way we view comedy.

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Speaker 11: Who took all the money shreck shreck.

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Speaker 3: They've never seen a young black person take.

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Speaker 11: Charge share now.

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Speaker 2: He had the number one movie comedy special and pop song.

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Speaker 6: That was unprecedented, marapot from stand up coming to big

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Speaker 6: screen sex symbol.

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Speaker 3: That's what they said. I don't see it's.

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Speaker 10: The best show on television.

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Speaker 3: There's ridiculousness.

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Speaker 11: I love that he's setting around watching ridiculousness. That's hilarious.

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Speaker 2: As long as they've got some clips of Beverly Hills

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Speaker 2: Cop that's as good as a gone Who's in it? Oh,

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Speaker 2: wouldn't you know it? Dave Chappelle's in it, and Chris

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Speaker 2: Rock and Jamie Fox and Kevin Hart and Jerry Sidefeld. Incredible,

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Speaker 2: almost like they've got a formula. It's out Netflix. They

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Speaker 2: got is a Brazil I can't remember. It's some South

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Speaker 2: American country. They got a tax dispute with it at

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Speaker 2: the moment. So the result yesterday wasn't quite as good

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Speaker 2: as some had thought. But the numbers are reasonable and so.

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Speaker 13: Markets didn't think so. No, the deck down like two

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Speaker 13: and fifty.

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Speaker 2: Unless you say you've invested in AI. I mean, if

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Speaker 2: Netflix said, look, we're going to open an AI, they've

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Speaker 2: ever going to gone nuts. But they don't do that anyway.

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Speaker 2: Back Tomorrow Morning with Joe Parker among others, as always,

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01:30:01,040 --> 01:30:01,679
Speaker 2: Happy Days.

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Speaker 1: For more from the Mic Asking Breakfast, listen live to

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01:30:06,439 --> 01:30:09,519
Speaker 1: News Talk Set B from six am weekdays, or follow

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Speaker 1: the podcast on iHeartRadio