1 00:00:00,520 --> 00:00:04,560 Speaker 1: New Zealand's voice of reason is Mike the mic Hosking 2 00:00:04,600 --> 00:00:09,560 Speaker 1: Breakfast with Bailey's real Estate altogether better across residential, commercial 3 00:00:09,680 --> 00:00:10,520 Speaker 1: and rural news. 4 00:00:10,560 --> 00:00:13,520 Speaker 2: Togs Head be Molly welcome today. Nurses are out again, 5 00:00:13,720 --> 00:00:16,279 Speaker 2: our gang members or numbers are up again. A good 6 00:00:16,320 --> 00:00:18,599 Speaker 2: news on the netball and TV deal. David Seymour and 7 00:00:18,640 --> 00:00:20,960 Speaker 2: savings for next year's budget. He's onto it already. Mark 8 00:00:21,000 --> 00:00:23,640 Speaker 2: and Jimmy Politics Wednesday after right of course, Richard Arnold, 9 00:00:23,640 --> 00:00:26,640 Speaker 2: Steve Price, they've been in as well. Pasky, Welcome to 10 00:00:26,640 --> 00:00:28,200 Speaker 2: the middle of the week. Seven past six. One of 11 00:00:28,240 --> 00:00:31,280 Speaker 2: the more memorable days of my life was spent at 12 00:00:31,320 --> 00:00:34,120 Speaker 2: Michael Hill's house at Lake Hayes and Central Otaga. He 13 00:00:34,200 --> 00:00:36,040 Speaker 2: showed me his art. There was a lot of it 14 00:00:36,120 --> 00:00:38,600 Speaker 2: and it was eclectic. He had his own nine hole 15 00:00:38,640 --> 00:00:40,839 Speaker 2: golf course. It was all par threes. This was in 16 00:00:40,880 --> 00:00:43,000 Speaker 2: the days before the Hills, which in many respects was 17 00:00:43,000 --> 00:00:45,920 Speaker 2: what Michael was all about vision. He took his path 18 00:00:45,960 --> 00:00:47,720 Speaker 2: threes and then turned it into one of the best 19 00:00:47,720 --> 00:00:49,839 Speaker 2: golf courses in the country. And watching the New Zealand 20 00:00:49,840 --> 00:00:52,080 Speaker 2: open these days is worth it just for the views 21 00:00:52,080 --> 00:00:54,800 Speaker 2: of his course. While I was there. The charity event 22 00:00:54,880 --> 00:00:57,640 Speaker 2: he ran started at Millbrook, just across the way. Millbrook 23 00:00:57,720 --> 00:00:59,720 Speaker 2: was new then, and you wondered whether it was one 24 00:00:59,720 --> 00:01:01,960 Speaker 2: of those investments that would grow into the success it 25 00:01:02,040 --> 00:01:05,360 Speaker 2: has or turn out like Formosa or Gold Harbor. I'd 26 00:01:05,360 --> 00:01:07,800 Speaker 2: won the pro am that day. He presented me with 27 00:01:07,880 --> 00:01:11,199 Speaker 2: a ticket to Australia, a few thousand dollars and various 28 00:01:11,200 --> 00:01:13,640 Speaker 2: bits and pieces from his jewelry business that, ironically I 29 00:01:13,680 --> 00:01:16,280 Speaker 2: couldn't accept them, given I wasn't a professional and are 30 00:01:16,760 --> 00:01:19,679 Speaker 2: amateurs were banned from winning stuff. But I had beaten 31 00:01:19,720 --> 00:01:22,320 Speaker 2: on that day Sean Fitzpatrick, Andrew Mertins, Peter o'melly and 32 00:01:22,360 --> 00:01:25,600 Speaker 2: Greg Turner. So what did I need prizes for? Michael 33 00:01:25,640 --> 00:01:27,520 Speaker 2: never forgot that day, and he reminded me each time 34 00:01:27,600 --> 00:01:29,840 Speaker 2: we talked that I should give golf a go again 35 00:01:29,880 --> 00:01:31,880 Speaker 2: and come and play at his place any time I liked. 36 00:01:32,360 --> 00:01:34,520 Speaker 2: I first interviewed him in the eighties. He was Newish 37 00:01:34,560 --> 00:01:37,240 Speaker 2: then and the story of the Funger Ray shop, the 38 00:01:37,240 --> 00:01:39,559 Speaker 2: fire setting up his own business it became New Zealand 39 00:01:39,600 --> 00:01:42,840 Speaker 2: business folklore. I did one of those motivational events that 40 00:01:42,840 --> 00:01:44,800 Speaker 2: were a thing for a while with him. I was hosting. 41 00:01:44,840 --> 00:01:47,520 Speaker 2: He and other success stories told paying guests how they 42 00:01:47,560 --> 00:01:49,680 Speaker 2: did at what the tips were, how to never give up. 43 00:01:50,000 --> 00:01:52,840 Speaker 2: He was big into music classical. He was a philanthropist 44 00:01:52,840 --> 00:01:55,960 Speaker 2: in that particular area. His company a household name of course, 45 00:01:56,000 --> 00:01:59,800 Speaker 2: expanding into Australia and Canada and the States. The advertising 46 00:02:00,160 --> 00:02:02,880 Speaker 2: genius he reveled in the personality thing. He was a 47 00:02:02,920 --> 00:02:05,600 Speaker 2: health nut, lot of juicing, probably before his time in 48 00:02:05,640 --> 00:02:08,040 Speaker 2: that sense, and like most success stories, he had a 49 00:02:08,080 --> 00:02:11,920 Speaker 2: magnetism about and very likable, good stories and funny with it. 50 00:02:12,280 --> 00:02:15,920 Speaker 2: He was, in many respects the quintessential New Zealand success story, 51 00:02:16,000 --> 00:02:22,680 Speaker 2: hard working, self made deprecating a memorable, inspiring Kiwi Michael Hill. 52 00:02:22,840 --> 00:02:23,600 Speaker 2: He will be missed. 53 00:02:24,880 --> 00:02:29,040 Speaker 1: Who news of the world in ninety seconds. 54 00:02:28,880 --> 00:02:31,359 Speaker 2: The odd move from Starmitt's status off. 55 00:02:31,600 --> 00:02:34,920 Speaker 3: I can confirm the UK will recognize the State of 56 00:02:34,960 --> 00:02:41,000 Speaker 3: Palestine by the United Nations General Assembly in September unless 57 00:02:41,120 --> 00:02:45,840 Speaker 3: the Israeli government takes substantive steps to end the appalling 58 00:02:45,880 --> 00:02:46,920 Speaker 3: situation in Gaza. 59 00:02:47,320 --> 00:02:49,520 Speaker 2: That was back Duvera, the Foreign Secretary Lammy who was 60 00:02:49,560 --> 00:02:50,559 Speaker 2: at the UN. 61 00:02:50,600 --> 00:02:55,520 Speaker 4: The Natin Yahoo governments rejection of a two state solution 62 00:02:55,880 --> 00:03:01,000 Speaker 4: is wrong. It's wrong morally and it's wrong strategic. It 63 00:03:01,200 --> 00:03:04,080 Speaker 4: harms the interests of the Israeli people. 64 00:03:04,160 --> 00:03:05,600 Speaker 2: They did give Booby a hits up. 65 00:03:05,639 --> 00:03:08,880 Speaker 5: So ok Starmers spoke on the phone too, Benjamin. 66 00:03:08,360 --> 00:03:11,600 Speaker 2: Netanyahu, no doubt giving him advance warning what he was 67 00:03:11,639 --> 00:03:14,400 Speaker 2: going to say the staffternoon and what the British Cabinet was. 68 00:03:14,400 --> 00:03:16,120 Speaker 1: Going to agree tonight. 69 00:03:16,560 --> 00:03:20,000 Speaker 4: He will have more phone calls with other words world Leader. 70 00:03:20,200 --> 00:03:22,000 Speaker 2: Also in Britain there's a script between the government and 71 00:03:22,080 --> 00:03:25,720 Speaker 2: Nigel Farage. They have bearzo this week new online safety laws. 72 00:03:25,880 --> 00:03:27,000 Speaker 6: Make no mistake about it. 73 00:03:27,040 --> 00:03:29,760 Speaker 7: If people like Jimmy Saville were alive today, he'll be 74 00:03:29,800 --> 00:03:31,960 Speaker 7: perpetrating his crimes online. 75 00:03:32,440 --> 00:03:35,520 Speaker 8: And Nigel Farage is saying that he's on their side. 76 00:03:35,960 --> 00:03:38,120 Speaker 2: Farage wants an apology for that, and he's not heavy. 77 00:03:38,240 --> 00:03:39,880 Speaker 6: It is completely below the belt. 78 00:03:40,280 --> 00:03:43,160 Speaker 2: Yes, there's to and fro in politics. This was appalling. 79 00:03:43,640 --> 00:03:46,160 Speaker 5: All I asked for was an apology and he simply 80 00:03:46,280 --> 00:03:47,080 Speaker 5: doubled down. 81 00:03:47,440 --> 00:03:48,920 Speaker 6: And it's a disgrace. 82 00:03:49,120 --> 00:03:51,880 Speaker 2: Then Epstein, which despite Donald's leading over and over again 83 00:03:51,920 --> 00:03:53,440 Speaker 2: to get over it. One of us, well, one of 84 00:03:53,440 --> 00:03:55,000 Speaker 2: Trumpy's main mean isn't. 85 00:03:55,040 --> 00:03:57,560 Speaker 9: We thought Trump was going to come in and there 86 00:03:57,600 --> 00:03:59,000 Speaker 9: a lot of things are going to be resolved. 87 00:03:59,280 --> 00:03:59,840 Speaker 2: Did a dream this? 88 00:04:00,040 --> 00:04:01,360 Speaker 10: I'm going to figure everything out. 89 00:04:01,520 --> 00:04:04,920 Speaker 9: And when you have this one hardcore line to stand 90 00:04:04,960 --> 00:04:07,440 Speaker 9: that everybody had been talking about forever, and then they're 91 00:04:07,440 --> 00:04:09,880 Speaker 9: trying to gaslight you on that. 92 00:04:09,360 --> 00:04:12,200 Speaker 2: That's Rogan finally. Well and as long as Rogan's on it, 93 00:04:12,200 --> 00:04:14,600 Speaker 2: he's got trouble. Finally will record time. We got to 94 00:04:14,760 --> 00:04:18,440 Speaker 2: four Beyonce him? Four Beyonce him? Doesn't he just sound 95 00:04:18,520 --> 00:04:20,400 Speaker 2: He's also known as the Mountain. Doesn't he sound like 96 00:04:20,440 --> 00:04:22,400 Speaker 2: the mountain? Anyways? In Game of Thrones, he's gone and 97 00:04:22,440 --> 00:04:26,040 Speaker 2: deep lifted five hundred and five kgs. Record was five 98 00:04:26,120 --> 00:04:29,800 Speaker 2: hundred set back in twenty sixteen by Eddie Hall. He 99 00:04:29,839 --> 00:04:32,600 Speaker 2: doesn't sound as big as four anyway. Fun fact, one 100 00:04:32,600 --> 00:04:35,400 Speaker 2: of the least frequently broken lifting records in sport. Anyway, 101 00:04:35,400 --> 00:04:37,200 Speaker 2: four claims you broke it back in twenty twenty. He 102 00:04:37,279 --> 00:04:39,039 Speaker 2: was lifted five oh one. But he did it in 103 00:04:39,040 --> 00:04:40,840 Speaker 2: a private gym where his dad was on the weight. 104 00:04:40,920 --> 00:04:42,960 Speaker 2: So that's about me, you know. So this one gets 105 00:04:42,960 --> 00:04:44,880 Speaker 2: a lefishalt tip apparently as news the world and long 106 00:04:45,279 --> 00:04:47,200 Speaker 2: Jay's a back at it there. I'm not making much 107 00:04:47,200 --> 00:04:49,440 Speaker 2: headway on this business of having children. There are now 108 00:04:49,480 --> 00:04:53,520 Speaker 2: offering eight hundred bucks a year for each child you 109 00:04:53,560 --> 00:04:55,839 Speaker 2: have under the age of three. Now this is the 110 00:04:55,839 --> 00:04:59,320 Speaker 2: first nationwide subsidy. They reckon it'll help about twenty million families. 111 00:04:59,360 --> 00:05:01,280 Speaker 2: So we'll see how they it goes. Twelve past six. 112 00:05:03,000 --> 00:05:07,600 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio, Car 113 00:05:07,720 --> 00:05:08,920 Speaker 1: of My News talks. 114 00:05:10,880 --> 00:05:12,920 Speaker 2: And Marty might nicely put with Michael Hill and Bob 115 00:05:12,960 --> 00:05:14,920 Speaker 2: Jones passing on this year the likes of Colin Giltrap 116 00:05:15,080 --> 00:05:17,080 Speaker 2: last year. It's almost the end of an era. That's 117 00:05:17,080 --> 00:05:19,320 Speaker 2: a good observation. Thank you for that. Fourteen past six 118 00:05:21,920 --> 00:05:24,760 Speaker 2: I'm jl My Weld Andrew Keller her good morning, very 119 00:05:24,760 --> 00:05:27,359 Speaker 2: good morning. More job talk, so this time from the 120 00:05:27,360 --> 00:05:29,799 Speaker 2: B and Z and I'm just it doesn't look that flash, 121 00:05:29,839 --> 00:05:30,200 Speaker 2: does it. 122 00:05:30,600 --> 00:05:31,279 Speaker 11: No, it doesn't. 123 00:05:31,320 --> 00:05:33,360 Speaker 5: This is coming hot on the heels of the monthly 124 00:05:33,400 --> 00:05:37,320 Speaker 5: employment indicators that we that we talked about yesterday. So 125 00:05:37,480 --> 00:05:39,719 Speaker 5: ben zaid seek They've released their month through the port 126 00:05:39,720 --> 00:05:43,520 Speaker 5: on job ads. So job ads speaks to demand for labor, 127 00:05:43,560 --> 00:05:46,080 Speaker 5: so more demand, more job ads. You want some people, 128 00:05:46,200 --> 00:05:48,320 Speaker 5: you throw ads out there. So this all adds to 129 00:05:48,360 --> 00:05:52,080 Speaker 5: the millieure of data informing us about the labor market, 130 00:05:52,160 --> 00:05:54,800 Speaker 5: and the trend in job as has declined. Now, as 131 00:05:54,839 --> 00:05:57,120 Speaker 5: I said yesterday, we've got a big dump of key 132 00:05:57,160 --> 00:05:58,360 Speaker 5: labor market data. 133 00:05:58,080 --> 00:05:59,480 Speaker 11: That's due on the sixth of August. 134 00:06:00,520 --> 00:06:02,720 Speaker 5: In that previous data set, we had the unemployment rate 135 00:06:02,720 --> 00:06:05,240 Speaker 5: of five point one percent. Now looking like a good 136 00:06:05,279 --> 00:06:08,599 Speaker 5: possibility that unemployment will lift a little higher. Now, looking 137 00:06:08,640 --> 00:06:11,600 Speaker 5: at the Benz' Seek Job add data, job as fell 138 00:06:11,640 --> 00:06:13,880 Speaker 5: one point two percent in June. That follows a one 139 00:06:13,920 --> 00:06:16,760 Speaker 5: percent fall in May. We broaden the lens out a 140 00:06:16,760 --> 00:06:18,560 Speaker 5: little bit, you know, you take out some of the 141 00:06:18,600 --> 00:06:19,760 Speaker 5: short term volatility. 142 00:06:19,880 --> 00:06:22,240 Speaker 11: Quarter on quarter it fell one point six percent. 143 00:06:22,640 --> 00:06:25,960 Speaker 5: Even wider lens the annual change of a fall of 144 00:06:26,000 --> 00:06:27,040 Speaker 5: two point eight percent. 145 00:06:27,080 --> 00:06:28,880 Speaker 11: Now, the authors do state here's the rub. 146 00:06:29,040 --> 00:06:32,279 Speaker 5: The authors do state that after a year of relative stability, 147 00:06:32,600 --> 00:06:35,720 Speaker 5: adds are again on a downwards trajectory. That's not really 148 00:06:35,760 --> 00:06:38,040 Speaker 5: what you want to see. And there's a really stark 149 00:06:38,120 --> 00:06:39,159 Speaker 5: number buried in this data. 150 00:06:39,240 --> 00:06:39,400 Speaker 11: Mike. 151 00:06:39,440 --> 00:06:41,640 Speaker 5: If you look at the twelve month total, say to 152 00:06:41,680 --> 00:06:44,440 Speaker 5: the end of June twenty twenty four, compare that to 153 00:06:44,440 --> 00:06:46,239 Speaker 5: the twelve month total at the end of June twenty 154 00:06:46,240 --> 00:06:49,760 Speaker 5: twenty five and job ads have fallen nineteen point nine percent. 155 00:06:50,080 --> 00:06:53,080 Speaker 5: That is a big number. So look, we're seeing forecasts 156 00:06:53,080 --> 00:06:56,640 Speaker 5: of five point three percent for that unemployment rate. Interesting, like, 157 00:06:56,760 --> 00:06:59,240 Speaker 5: in the background of all of these sort of data prints, 158 00:06:59,240 --> 00:07:01,880 Speaker 5: the question is of what should the RBNZ do. You've 159 00:07:01,920 --> 00:07:05,760 Speaker 5: got this inconvenient left in the un the inflation rates. 160 00:07:05,760 --> 00:07:08,000 Speaker 11: So it's drifting towards top end of the range. 161 00:07:08,360 --> 00:07:11,520 Speaker 5: But if you acknowledge that to delay in the implementation 162 00:07:11,640 --> 00:07:14,280 Speaker 5: of monetary policy, if you look through that sort of 163 00:07:14,400 --> 00:07:18,080 Speaker 5: lift and inflation at the moment, the labor market in isolation, 164 00:07:18,240 --> 00:07:20,360 Speaker 5: I think is giving us a picture of something. 165 00:07:20,200 --> 00:07:22,640 Speaker 11: That looks like it needs a little bit of interest 166 00:07:22,680 --> 00:07:23,200 Speaker 11: rate relief. 167 00:07:23,280 --> 00:07:26,600 Speaker 2: Yes, say all of us speaking at jobs. The thing's 168 00:07:26,600 --> 00:07:28,280 Speaker 2: a little tight there in America too. 169 00:07:28,760 --> 00:07:30,320 Speaker 5: Yeah, yes, So we're in the middle of We're in 170 00:07:30,320 --> 00:07:31,600 Speaker 5: the middle of what I think is one of the 171 00:07:31,640 --> 00:07:34,240 Speaker 5: most fascinating periods that I've ever seen in terms of 172 00:07:34,240 --> 00:07:37,280 Speaker 5: the US economy. Micrours it's fundamental input to strength of 173 00:07:37,280 --> 00:07:41,000 Speaker 5: the global economy, and the administration is disrupting the status 174 00:07:41,080 --> 00:07:43,320 Speaker 5: quo and it's breaking things where we've got. 175 00:07:43,360 --> 00:07:44,520 Speaker 11: Established norms like trade. 176 00:07:44,560 --> 00:07:47,800 Speaker 5: So particular attention now on how the US economy reacts 177 00:07:48,280 --> 00:07:50,680 Speaker 5: to There's a lot greater focus on data, and as 178 00:07:50,720 --> 00:07:52,000 Speaker 5: I said yes day, it's a big week. 179 00:07:52,040 --> 00:07:54,000 Speaker 11: So a couple of pieces of data overnight. Yes, there's 180 00:07:54,000 --> 00:07:57,600 Speaker 11: some jobs data. There's also the Conference Board Consumer confidence. 181 00:07:57,640 --> 00:08:00,400 Speaker 5: This was one of the indicators that in early twenty 182 00:08:00,480 --> 00:08:03,480 Speaker 5: twenty five had really plunged. It was a lot weaker 183 00:08:03,480 --> 00:08:06,400 Speaker 5: and mid concerns around Tariff's it sort of bounced back. 184 00:08:06,440 --> 00:08:07,360 Speaker 11: It has stabilized. 185 00:08:07,400 --> 00:08:10,640 Speaker 5: Last night, it was expected that the Conference Board a 186 00:08:10,640 --> 00:08:13,280 Speaker 5: consumer conference will come out at ninety six, has printed 187 00:08:13,320 --> 00:08:16,679 Speaker 5: at ninety seven point two. Still still some lingering consumer caution, 188 00:08:16,760 --> 00:08:19,760 Speaker 5: but it hasn't weakened. The forward looking measure has climbed 189 00:08:19,760 --> 00:08:21,840 Speaker 5: to seventy four point four. That's the highest it's been 190 00:08:21,920 --> 00:08:25,440 Speaker 5: since February. But present conditions fell to a three month low. Now, 191 00:08:25,520 --> 00:08:29,160 Speaker 5: job openings a little worse than expected, seven point four 192 00:08:29,160 --> 00:08:33,000 Speaker 5: to four million job openings versus expected seven point five million. 193 00:08:33,280 --> 00:08:36,240 Speaker 5: But the takeaway from this, Mike, you've got a cooling 194 00:08:36,320 --> 00:08:39,760 Speaker 5: job market there, but it's a gradual trend, it's not plunging. 195 00:08:40,360 --> 00:08:42,680 Speaker 5: So also quickly we talked about a lot of US 196 00:08:42,760 --> 00:08:46,160 Speaker 5: earnings releases this week. Second quarter earnings this week is 197 00:08:46,200 --> 00:08:48,400 Speaker 5: the biggest week of the earning season. Just a couple 198 00:08:48,480 --> 00:08:51,560 Speaker 5: I want to highlight. Novo Nordisk may not be the 199 00:08:51,559 --> 00:08:52,320 Speaker 5: most well known. 200 00:08:52,240 --> 00:08:55,120 Speaker 11: It's a massive pharmaceutical company. You might not have heard 201 00:08:55,120 --> 00:08:55,640 Speaker 11: of No Vote. 202 00:08:55,679 --> 00:08:58,080 Speaker 5: You will have heard of w goovi O Zenpek, weight 203 00:08:58,160 --> 00:09:01,800 Speaker 5: loss DIVT, the Hollywood, the Hollywood, the Hollywood. 204 00:09:01,320 --> 00:09:02,520 Speaker 11: Weight loss of drug. 205 00:09:03,000 --> 00:09:06,199 Speaker 5: It has cut as expected full year sales growth. They 206 00:09:06,200 --> 00:09:07,920 Speaker 5: thought they were going to grow at thirteen to twenty 207 00:09:07,920 --> 00:09:11,199 Speaker 5: one percent. They're growing at eight to fourteen. I talked 208 00:09:11,200 --> 00:09:14,440 Speaker 5: about Marcus being priced for perfection. If you don't delivery, 209 00:09:14,480 --> 00:09:18,560 Speaker 5: get punished. Share prices down twenty one percent overnight, so 210 00:09:18,600 --> 00:09:20,000 Speaker 5: it's been absolutely smacked. 211 00:09:20,600 --> 00:09:23,480 Speaker 11: Boeing share price down a little bit. They've slashed their 212 00:09:23,520 --> 00:09:24,320 Speaker 11: quarterly losses. 213 00:09:24,440 --> 00:09:27,480 Speaker 5: This time last year they lost over a billion dollars 214 00:09:27,480 --> 00:09:28,000 Speaker 5: in a quarter. 215 00:09:28,040 --> 00:09:28,560 Speaker 11: They've cut that. 216 00:09:28,600 --> 00:09:30,480 Speaker 5: They're still losing money, but only one hundred and seventy 217 00:09:30,520 --> 00:09:32,439 Speaker 5: six million now United help. 218 00:09:32,480 --> 00:09:33,560 Speaker 11: Bit of a miss there. 219 00:09:34,080 --> 00:09:37,600 Speaker 5: So the actually not a great earnings earnings to day. 220 00:09:37,800 --> 00:09:39,240 Speaker 2: Yeah, if you're going to mix bag there, haven't you? 221 00:09:39,280 --> 00:09:39,800 Speaker 2: What are the numbers? 222 00:09:39,880 --> 00:09:40,040 Speaker 12: Yeah? 223 00:09:40,440 --> 00:09:42,600 Speaker 5: Yeah, just before that I do also want to acknowledge 224 00:09:42,600 --> 00:09:45,440 Speaker 5: the passing of Sir Michael Hill Mike. He was a 225 00:09:45,440 --> 00:09:48,520 Speaker 5: true icon of New Zealand business and philanthropy. He was 226 00:09:48,559 --> 00:09:51,600 Speaker 5: a unique individual and those type of people, as you said, 227 00:09:51,960 --> 00:09:53,439 Speaker 5: will be missed very well. 228 00:09:53,480 --> 00:09:54,640 Speaker 2: Said. One are the numbers right. 229 00:09:54,800 --> 00:09:57,680 Speaker 5: Dal Jones down two hundred and six points about half 230 00:09:57,679 --> 00:10:00,800 Speaker 5: a percent, forty four thy six hundred and third, the 231 00:10:00,880 --> 00:10:03,160 Speaker 5: S and P five hundred sixty three seven seven it's 232 00:10:03,200 --> 00:10:05,959 Speaker 5: down twelve points point one nine percent, and the NASUK 233 00:10:06,000 --> 00:10:08,720 Speaker 5: at the moment down thirty two points point one five percent, 234 00:10:08,760 --> 00:10:12,480 Speaker 5: twenty one thousand, one hundred and forty six forty one 235 00:10:12,520 --> 00:10:15,640 Speaker 5: hundred a game point six percent overnight nine one three six, 236 00:10:15,720 --> 00:10:19,040 Speaker 5: the nike A down point seven nine percent, forty thousand, 237 00:10:19,120 --> 00:10:21,600 Speaker 5: six hundred and seventy four shank A composite up a 238 00:10:21,640 --> 00:10:24,360 Speaker 5: third of a percent three six oh nine. Quiet day 239 00:10:24,360 --> 00:10:27,560 Speaker 5: in Australia up seven points eighty seven oh four, the 240 00:10:27,559 --> 00:10:30,960 Speaker 5: Insect fifty game point two percent yesterday, closing at twelve thousand, 241 00:10:31,320 --> 00:10:33,079 Speaker 5: nine hundred and thirty six. Key we doll it a 242 00:10:33,080 --> 00:10:35,360 Speaker 5: little bit weaker point five nine five three against the 243 00:10:35,480 --> 00:10:39,120 Speaker 5: US point nine one four oh OSSI point five one 244 00:10:39,200 --> 00:10:41,760 Speaker 5: five seven against the euro point four four six three 245 00:10:41,840 --> 00:10:45,360 Speaker 5: pounds eighty eight point four Oh, Japanese yend gold trading 246 00:10:45,400 --> 00:10:48,240 Speaker 5: at thirty three sorry, three thousand, three hundred and twenty 247 00:10:48,280 --> 00:10:50,480 Speaker 5: eight dollars and Brent crude you won't be happy about 248 00:10:50,480 --> 00:10:53,720 Speaker 5: this seventy two dollars, Mike, seventy two dollars. 249 00:10:54,600 --> 00:10:57,560 Speaker 2: Hey, what about Forsyth Bar yesterday? If you started something 250 00:10:58,000 --> 00:11:01,960 Speaker 2: the Australians, the Australia. Australians are coming for us. Is 251 00:11:01,960 --> 00:11:04,640 Speaker 2: that whether what happened is a little bit of you 252 00:11:04,679 --> 00:11:06,800 Speaker 2: can't get callaheer. You go for Forsyth Bar, all right, 253 00:11:06,840 --> 00:11:09,719 Speaker 2: have a good appreciate it. Andrew kellaher jmiwelth dot co 254 00:11:09,800 --> 00:11:12,360 Speaker 2: dot and said the references to my Mercury capital here 255 00:11:12,360 --> 00:11:15,880 Speaker 2: Australian outfit made a pitch for Forsyth Bar, which I 256 00:11:15,920 --> 00:11:18,760 Speaker 2: note employees. So it's owned by three hundred staff these days. 257 00:11:18,840 --> 00:11:20,720 Speaker 2: So good luck to them on that. By the way, 258 00:11:20,840 --> 00:11:24,720 Speaker 2: India talk about one person's problem is another person's joy. India, 259 00:11:25,040 --> 00:11:28,320 Speaker 2: they've overtaken China top exporter of smartphones to the US. 260 00:11:28,400 --> 00:11:30,880 Speaker 2: Forty four percent of US imports come from India. Now 261 00:11:31,240 --> 00:11:34,920 Speaker 2: used to be thirteen thirteen to forty four. Total volume 262 00:11:34,960 --> 00:11:37,360 Speaker 2: of smartphones made in India has gone up two hundred 263 00:11:37,440 --> 00:11:42,160 Speaker 2: and forty percent in a year. Chinese smartphone exports to 264 00:11:42,200 --> 00:11:45,000 Speaker 2: the States have gone down to twenty five from what 265 00:11:45,400 --> 00:11:49,319 Speaker 2: sixty one six twenty one Here at Newstalks NB. 266 00:11:54,320 --> 00:11:58,800 Speaker 1: The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered 267 00:11:58,840 --> 00:11:59,520 Speaker 1: by News. 268 00:11:59,280 --> 00:11:59,880 Speaker 13: Talks edb. 269 00:12:01,720 --> 00:12:04,439 Speaker 2: That farange thing we mentioned earlier on there was sort 270 00:12:04,440 --> 00:12:07,520 Speaker 2: of the route that's broken out in Britain. It's a 271 00:12:07,800 --> 00:12:10,000 Speaker 2: v it's not a VPN thing. That what they're doing 272 00:12:10,000 --> 00:12:12,240 Speaker 2: on social media is you're going to need age verification. 273 00:12:12,320 --> 00:12:14,439 Speaker 2: New rules coming to place and you need age verification. 274 00:12:14,880 --> 00:12:18,160 Speaker 2: So all that's happened with that, and it's interesting to watch. 275 00:12:18,240 --> 00:12:22,640 Speaker 2: It's sort of the psychology of the human condition. Downloads 276 00:12:22,679 --> 00:12:27,600 Speaker 2: of VPNs have gone through the roof. One app maker 277 00:12:27,880 --> 00:12:31,520 Speaker 2: says business is up eighteen hundred percent. This is Proton 278 00:12:31,640 --> 00:12:38,080 Speaker 2: VPN Swiss privacy tech firm. Eighteen hundred percent increase in business. 279 00:12:38,120 --> 00:12:41,600 Speaker 2: In the last couple of weeks. Six of the top 280 00:12:41,720 --> 00:12:45,559 Speaker 2: ten downloads at the Apple App Store are VPN. So 281 00:12:45,760 --> 00:12:48,439 Speaker 2: you can make all the rules you want. Doesn't mean 282 00:12:48,480 --> 00:12:51,000 Speaker 2: that people necessarily follow them six twenty five. 283 00:12:51,640 --> 00:12:56,000 Speaker 1: Trending now with chemist Well's keeping Kiwi's healthy. 284 00:12:55,800 --> 00:12:58,040 Speaker 2: All year round. No, we got a horror movie coming. 285 00:12:58,080 --> 00:12:59,439 Speaker 2: It's not out yet, it's about to be out anyway. 286 00:12:59,440 --> 00:13:02,120 Speaker 2: It's broken a six year record. It's called Weapons. It's 287 00:13:02,160 --> 00:13:04,960 Speaker 2: about an entire classroom of children vanishing in the middle 288 00:13:05,000 --> 00:13:08,400 Speaker 2: of the night except for one. So far, all the 289 00:13:08,440 --> 00:13:10,400 Speaker 2: critics who have watched or reviewed it ahead of the 290 00:13:10,400 --> 00:13:13,120 Speaker 2: release have given it one hundred percent on Rotten Tomatoes. 291 00:13:13,160 --> 00:13:15,160 Speaker 2: That's a record close to this release date. 292 00:13:15,280 --> 00:13:18,920 Speaker 14: I want to know what happened in that classroom. 293 00:13:18,960 --> 00:13:21,760 Speaker 15: This is a true story that happened right here in 294 00:13:21,760 --> 00:13:25,000 Speaker 15: my tongue. A lot of people die in a lot 295 00:13:25,000 --> 00:13:28,120 Speaker 15: of really weird ways in the story, but you're not 296 00:13:28,160 --> 00:13:29,319 Speaker 15: going to find it in the news. 297 00:13:31,320 --> 00:13:33,720 Speaker 13: Those kids fucked out of those arms. I pulled them out. 298 00:13:35,120 --> 00:13:37,600 Speaker 13: I want divorced them. What do you see that? I 299 00:13:37,640 --> 00:13:40,080 Speaker 13: don't show me. 300 00:13:40,800 --> 00:13:41,600 Speaker 2: Where did you go? 301 00:13:42,280 --> 00:13:45,800 Speaker 16: There's something very very wrong going on with that. 302 00:13:47,440 --> 00:13:57,079 Speaker 4: I've never seen anything like that in my wife. 303 00:13:58,559 --> 00:14:00,880 Speaker 2: Now you got Josh Brolin, men and Blake did pull 304 00:14:00,920 --> 00:14:04,440 Speaker 2: all that stuff? Julia Garner, she has an ozark the 305 00:14:04,480 --> 00:14:08,240 Speaker 2: bidding war for the original was intense. Studios wanted it 306 00:14:08,280 --> 00:14:12,120 Speaker 2: so badly. The director Zach Krieger, he got the rights 307 00:14:12,160 --> 00:14:15,160 Speaker 2: to have a say on the final cup. That's reasonably rare. 308 00:14:15,880 --> 00:14:19,280 Speaker 2: It's also highly anticipated because Jordan Peel, he was an 309 00:14:19,360 --> 00:14:21,160 Speaker 2: Arson him and get Out and all that sort of stuff, 310 00:14:21,200 --> 00:14:23,160 Speaker 2: missed out on getting the film because his management team 311 00:14:23,160 --> 00:14:25,560 Speaker 2: didn't go hard enough to win it. After which he 312 00:14:25,600 --> 00:14:27,720 Speaker 2: worked it out, so we fired the team. Still isn't 313 00:14:27,760 --> 00:14:29,200 Speaker 2: in the movie, so he's got no team and he's 314 00:14:29,200 --> 00:14:32,800 Speaker 2: got no movie. Anyway, it's out in theaters. August eighth, 315 00:14:33,080 --> 00:14:35,560 Speaker 2: finished off Happy Gilmore last night. Two parts are at 316 00:14:35,560 --> 00:14:39,080 Speaker 2: our place, and it suddenly occurred to me, that's why 317 00:14:39,080 --> 00:14:40,800 Speaker 2: it goes to Netflix, and that's why you're seeing all 318 00:14:40,840 --> 00:14:42,520 Speaker 2: these things go straight to streaming these days. There's no 319 00:14:42,560 --> 00:14:44,320 Speaker 2: reason to watch Happy Gilmore at theater. Why would you 320 00:14:44,360 --> 00:14:45,680 Speaker 2: go all the way down to the theater to buy 321 00:14:45,720 --> 00:14:49,160 Speaker 2: some bombonds and watch her movie like Happy Gilmore. There's 322 00:14:49,240 --> 00:14:51,760 Speaker 2: no gain in it. And that's why I think theaters 323 00:14:51,920 --> 00:14:56,440 Speaker 2: need a superman. That's anyway, this small movie observation for him. 324 00:14:56,800 --> 00:15:00,160 Speaker 2: News is next and then we'll talk about oh this housing. 325 00:15:01,360 --> 00:15:06,800 Speaker 1: Mike hard Game insightful engaging and vital the mic asking, 326 00:15:06,840 --> 00:15:11,560 Speaker 1: Breakfast with Vida, Retirement, communities, Life your Way, New Togs 327 00:15:11,560 --> 00:15:12,640 Speaker 1: dead being both, don't use. 328 00:15:12,600 --> 00:15:15,520 Speaker 2: Your sort of circumstances. Yesterday is extraordinary White. I happened 329 00:15:15,520 --> 00:15:17,240 Speaker 2: to be watching it. You know, the guy wanders in 330 00:15:17,320 --> 00:15:21,240 Speaker 2: the military rifle in the middle of Manhattan and you 331 00:15:21,280 --> 00:15:22,960 Speaker 2: know what happened. Next, we'll get the update with Richard 332 00:15:23,000 --> 00:15:25,560 Speaker 2: Donald Shortley maytime back here. Interesting insight into how we're 333 00:15:25,560 --> 00:15:27,400 Speaker 2: handling our money. So we've got a record number of 334 00:15:27,440 --> 00:15:30,040 Speaker 2: US switching mortgage lenders, two and a half billion dollars 335 00:15:30,080 --> 00:15:34,120 Speaker 2: worth transacting in June alone. Bavid Cunninghams, the CEO Squirrel 336 00:15:34,120 --> 00:15:35,120 Speaker 2: Mortgages back with us. 337 00:15:35,120 --> 00:15:36,320 Speaker 17: Morning, Good morning, Mike. 338 00:15:36,480 --> 00:15:38,960 Speaker 2: All the switching that's going on, is there a direct 339 00:15:38,960 --> 00:15:41,320 Speaker 2: result of competition? Banks are wanting to do deals and 340 00:15:41,360 --> 00:15:41,960 Speaker 2: get your money. 341 00:15:43,560 --> 00:15:49,160 Speaker 17: That's only sort of you know, banks use different tools 342 00:15:49,200 --> 00:15:52,400 Speaker 17: like entry austraits and cash backs and things like that. 343 00:15:52,560 --> 00:15:52,760 Speaker 13: Shroight. 344 00:15:52,840 --> 00:15:54,840 Speaker 17: When you're business, there's a bit of a pass pass 345 00:15:54,880 --> 00:15:56,760 Speaker 17: of exercise. You know, you move from one bank to 346 00:15:56,800 --> 00:15:59,440 Speaker 17: the next, and a different customer moves from that bank 347 00:15:59,480 --> 00:16:00,960 Speaker 17: to the other way, and so it's a bit of 348 00:16:00,960 --> 00:16:03,320 Speaker 17: a pass to parcel. It's sort of a way for 349 00:16:03,920 --> 00:16:06,160 Speaker 17: It's all sort of a way. Oh we Gopoli's work. Actually, 350 00:16:07,480 --> 00:16:10,120 Speaker 17: you know, rather than pass on a lower interest rate 351 00:16:10,160 --> 00:16:13,480 Speaker 17: to everyone, they just for those that go searching for 352 00:16:13,560 --> 00:16:16,480 Speaker 17: a cast back by changing banks get good deals. So 353 00:16:16,520 --> 00:16:18,320 Speaker 17: you know, interest rates would be lower if we didn't 354 00:16:18,320 --> 00:16:20,520 Speaker 17: have cast backs. But it's a good way for banks 355 00:16:20,560 --> 00:16:24,680 Speaker 17: to compete with each other, seeming to compete without really 356 00:16:25,560 --> 00:16:28,960 Speaker 17: impacting their profits, to be honest, all good for the customer. 357 00:16:29,240 --> 00:16:31,640 Speaker 2: Sure takes advantage of it if you're prepared to do it. 358 00:16:31,640 --> 00:16:33,640 Speaker 2: So what are we seeing in these numbers? So you've 359 00:16:33,640 --> 00:16:35,800 Speaker 2: got zero point three billion in new lending, which is 360 00:16:35,880 --> 00:16:37,480 Speaker 2: up two billion on last year, and I know this 361 00:16:37,520 --> 00:16:39,840 Speaker 2: time last year was soft. So you've got some new lending. 362 00:16:39,880 --> 00:16:40,040 Speaker 13: There. 363 00:16:40,120 --> 00:16:42,160 Speaker 2: Is that good? Or are we just shuffling money round 364 00:16:42,200 --> 00:16:44,280 Speaker 2: and round in circles? No one's actually doing anything. 365 00:16:45,040 --> 00:16:47,800 Speaker 17: Well, no, I'm in the underlying profit property market back 366 00:16:47,840 --> 00:16:50,720 Speaker 17: to historical sort of trends. So you know, the underloning 367 00:16:50,760 --> 00:16:53,920 Speaker 17: turnover in the housing market is back to normal. You know, 368 00:16:53,920 --> 00:16:56,200 Speaker 17: we had that big boost post COVID and it's sort 369 00:16:56,200 --> 00:16:59,000 Speaker 17: of dropped massively and then it's sort of back to 370 00:16:59,040 --> 00:17:01,720 Speaker 17: normal trends. So what we're sort of seeing as a 371 00:17:01,960 --> 00:17:05,000 Speaker 17: somewhat elevated level of refinancing. I mean, and looking back 372 00:17:05,040 --> 00:17:08,080 Speaker 17: at Squirrels numbers, you know, two years ago it was 373 00:17:08,119 --> 00:17:10,600 Speaker 17: thirty per cent of their business was refinancing. It's thirty 374 00:17:10,600 --> 00:17:13,960 Speaker 17: five percent in the last six months. It's just extraordinary. 375 00:17:15,280 --> 00:17:17,080 Speaker 17: But it's one of those things if you're not on 376 00:17:17,119 --> 00:17:18,159 Speaker 17: the boat, you're missing. 377 00:17:17,920 --> 00:17:21,399 Speaker 2: Out fair enough, and or investors in well, any and look. 378 00:17:21,280 --> 00:17:25,720 Speaker 17: Anyone with a mortgage that has a has a you know, 379 00:17:25,760 --> 00:17:27,919 Speaker 17: most people on New Zelander fixed rates. Anyone in the 380 00:17:27,960 --> 00:17:31,360 Speaker 17: mortgage that's that's got a fixed rate maturing, and there's 381 00:17:31,400 --> 00:17:34,680 Speaker 17: about forty percent of the market is on a fixed 382 00:17:34,760 --> 00:17:36,680 Speaker 17: or floating rate that's going to mature in the next 383 00:17:36,720 --> 00:17:39,280 Speaker 17: six months. So the first things talked to your bank, 384 00:17:39,359 --> 00:17:43,160 Speaker 17: talk to your broker, and you know, it's generally we'd 385 00:17:43,280 --> 00:17:46,520 Speaker 17: estimate about a five hour process. And look, you can 386 00:17:46,560 --> 00:17:49,880 Speaker 17: typically get point eight to one percent cash back from 387 00:17:49,920 --> 00:17:53,840 Speaker 17: your bank if you switch banks, and that's really one 388 00:17:53,880 --> 00:17:55,800 Speaker 17: of the drivers here. So let's say you've got a 389 00:17:55,800 --> 00:17:58,960 Speaker 17: half million dollar mortgage. Percents four thousand, it's going to 390 00:17:59,000 --> 00:18:01,320 Speaker 17: cost you fifteen hundred doll and legal fees and things 391 00:18:01,359 --> 00:18:04,760 Speaker 17: like that. So to enough thousand and five hours and 392 00:18:04,760 --> 00:18:06,159 Speaker 17: the broken is off is doing a lot of the 393 00:18:06,200 --> 00:18:08,399 Speaker 17: work for you. So five hundred bucks an hour, it's 394 00:18:08,440 --> 00:18:10,200 Speaker 17: not a bad return on investment day. 395 00:18:09,960 --> 00:18:10,080 Speaker 8: Now. 396 00:18:10,119 --> 00:18:12,480 Speaker 2: They're good numbers though. I know also the some activity 397 00:18:12,480 --> 00:18:14,240 Speaker 2: in the high debt to income people is that is 398 00:18:14,240 --> 00:18:16,439 Speaker 2: that a confidence thing or have they just been waiting 399 00:18:16,480 --> 00:18:19,120 Speaker 2: desperately for interest rates to come down They can lend 400 00:18:19,119 --> 00:18:20,760 Speaker 2: a bit more, borrow a bit more rather and then 401 00:18:20,800 --> 00:18:21,160 Speaker 2: they're in. 402 00:18:22,680 --> 00:18:27,119 Speaker 17: Well that's predominantly first home buyers. A bit in the 403 00:18:27,160 --> 00:18:29,320 Speaker 17: investors space, but that's a pretty quiet part of the 404 00:18:29,359 --> 00:18:32,560 Speaker 17: market at the moment. So first home buyers typically you know, 405 00:18:32,720 --> 00:18:35,160 Speaker 17: high loan to value ratios to it, borrowing a lot 406 00:18:35,200 --> 00:18:37,720 Speaker 17: with a smaller deposit and more of their income is 407 00:18:37,760 --> 00:18:40,879 Speaker 17: going to it. So it's picking up a little bit. 408 00:18:40,920 --> 00:18:43,040 Speaker 17: It's nothing like it was three or four years ago 409 00:18:43,119 --> 00:18:45,400 Speaker 17: during the boom of COVID, but you know, first time 410 00:18:45,440 --> 00:18:47,520 Speaker 17: buyers are always active in the market. It's sort of 411 00:18:47,600 --> 00:18:49,600 Speaker 17: a bit of a goldilocks time for first home buys. 412 00:18:49,840 --> 00:18:52,280 Speaker 17: Interest rates have come down thanks for willing to lend. 413 00:18:52,359 --> 00:18:55,760 Speaker 17: Property prices are stable, if not sort of falling. You know, 414 00:18:55,920 --> 00:18:58,240 Speaker 17: you can pick and choose the right property, you don't 415 00:18:58,280 --> 00:18:59,960 Speaker 17: have to sort of make an offer on the first place. 416 00:19:00,359 --> 00:19:01,600 Speaker 17: So I've sort of call it a bit of a 417 00:19:01,640 --> 00:19:03,200 Speaker 17: Goldlock's time for first time buyers. 418 00:19:03,200 --> 00:19:06,240 Speaker 2: Good stuff, David appreciated. David Cunningham out of Squirrel Mortgages 419 00:19:06,320 --> 00:19:10,159 Speaker 2: nineteen away from seven. On related matters, Massi University came 420 00:19:10,240 --> 00:19:12,200 Speaker 2: to the party yesterday. So what's happening is the interest 421 00:19:12,240 --> 00:19:13,919 Speaker 2: rates are going down, your wages are going up. And 422 00:19:13,960 --> 00:19:15,320 Speaker 2: know you're going to argue with me and say, no, 423 00:19:15,400 --> 00:19:17,800 Speaker 2: they're not, but they are. Anyway. The point is that 424 00:19:17,960 --> 00:19:21,000 Speaker 2: it's more affordable to buy a house. Affordability has improved 425 00:19:21,000 --> 00:19:23,360 Speaker 2: eight point seven percent three months to June, on top 426 00:19:23,359 --> 00:19:26,399 Speaker 2: of a nine point three percent first goorer improvement. So 427 00:19:26,480 --> 00:19:29,320 Speaker 2: for the first half of the year, houses are eighteen 428 00:19:29,400 --> 00:19:35,000 Speaker 2: percent more affordable, which is encouraging. All sixteen regions have 429 00:19:35,119 --> 00:19:39,159 Speaker 2: seen an improvement in affordability, more than thirty percent improvement 430 00:19:39,600 --> 00:19:42,960 Speaker 2: in places like North and Manuwitu and Marlborough. So She's 431 00:19:42,960 --> 00:19:44,640 Speaker 2: not all doom and gloom. Nineteen two. 432 00:19:45,520 --> 00:19:50,160 Speaker 1: The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered 433 00:19:50,160 --> 00:19:51,400 Speaker 1: by newstalks EP. 434 00:19:52,280 --> 00:19:55,160 Speaker 2: Morning, Mike, switching mortgages. We speak eighty six hundred to change, 435 00:19:55,160 --> 00:19:57,199 Speaker 2: three thousand to stay. So that's an easy choice. It's 436 00:19:57,240 --> 00:19:59,600 Speaker 2: a fair point. It does counteract Nicola's argument that there's 437 00:19:59,640 --> 00:20:01,840 Speaker 2: something stewey going on with the banks at the moment. 438 00:20:02,119 --> 00:20:04,359 Speaker 2: There is competition out there and there are deals to 439 00:20:04,359 --> 00:20:05,800 Speaker 2: be done, and David is right, you've got to work 440 00:20:05,800 --> 00:20:06,800 Speaker 2: for it. You've got to hunt for it. You got 441 00:20:06,880 --> 00:20:08,920 Speaker 2: to look for it. You're going to ask questions, put 442 00:20:08,920 --> 00:20:12,320 Speaker 2: a bit of pressure on, and the banks will in general, 443 00:20:12,400 --> 00:20:13,960 Speaker 2: not always, but in general accommodated. 444 00:20:14,000 --> 00:20:18,400 Speaker 18: You're sixteen two international correspondence with ends and eye insurance. 445 00:20:18,560 --> 00:20:20,560 Speaker 18: Peace of mind for New Zealand business now. 446 00:20:20,480 --> 00:20:23,960 Speaker 2: Stateside, Riginalald, morning to you, Good morning. Make we're random scenes. 447 00:20:24,000 --> 00:20:25,840 Speaker 2: The guy's there and watching this thing. He's an open 448 00:20:25,960 --> 00:20:28,760 Speaker 2: ground with a military rifle wandering into a building. 449 00:20:29,359 --> 00:20:31,480 Speaker 14: That's right, a rare sign for New York City. You know, 450 00:20:31,520 --> 00:20:33,679 Speaker 14: we all know that gun violence in this country is 451 00:20:33,720 --> 00:20:36,600 Speaker 14: not rare. Still, there are some differences with this latest 452 00:20:36,600 --> 00:20:40,240 Speaker 14: deadly attack, with what four innocent people shot dead, including 453 00:20:40,280 --> 00:20:43,600 Speaker 14: an NYPD police officer and an NFL football staff, are 454 00:20:43,720 --> 00:20:46,639 Speaker 14: seriously worded. So this is the worst shooting attack in 455 00:20:46,680 --> 00:20:50,280 Speaker 14: Manhattan in some twenty five years. They have strict gun laws. 456 00:20:50,480 --> 00:20:53,520 Speaker 14: Their shooter, Shane Tomorrow, drove all away from Las Vegas, 457 00:20:53,520 --> 00:20:56,560 Speaker 14: where he's been living, to Park Avenue high Rise, where 458 00:20:56,600 --> 00:20:58,800 Speaker 14: he opened fire with an assault weapon and killed himself. 459 00:20:58,800 --> 00:21:01,159 Speaker 14: Police found a note in his pocket, but asking that 460 00:21:01,200 --> 00:21:04,720 Speaker 14: his brain be studied. As for the victims, the first 461 00:21:04,720 --> 00:21:06,760 Speaker 14: man he murdered was a thirty six year old officer 462 00:21:06,840 --> 00:21:09,879 Speaker 14: working as an off duty security guard. That officer was 463 00:21:09,920 --> 00:21:13,439 Speaker 14: from Bangladesh, initially married here with a couple of children, 464 00:21:13,600 --> 00:21:16,800 Speaker 14: his wife pregnant with their third. The shooter then opened fire, 465 00:21:16,880 --> 00:21:18,879 Speaker 14: killing two others, and he went up to the thirty 466 00:21:19,080 --> 00:21:22,200 Speaker 14: third floor, where it seems he was trying to get 467 00:21:22,240 --> 00:21:26,720 Speaker 14: to the NFL's headquarters, the National Football League. New York's governor. 468 00:21:27,240 --> 00:21:29,320 Speaker 14: New York's Mayor, Eric Adams says. 469 00:21:29,520 --> 00:21:35,640 Speaker 19: He took the wrong elevator bank up to the NFL headquarters. 470 00:21:35,640 --> 00:21:39,080 Speaker 19: In stead, it took him to Routent Management and that 471 00:21:39,240 --> 00:21:42,880 Speaker 19: is where he carried out additional shooterings. 472 00:21:42,920 --> 00:21:43,120 Speaker 13: Well. 473 00:21:43,200 --> 00:21:46,600 Speaker 14: Others in the building fled in panic or they hid 474 00:21:46,680 --> 00:21:47,400 Speaker 14: as best they could. 475 00:21:47,480 --> 00:21:49,480 Speaker 5: We just heard noises and then we all just were 476 00:21:49,520 --> 00:21:51,320 Speaker 5: in a closet from the billions. 477 00:21:51,359 --> 00:21:54,320 Speaker 14: I give your running slaughter on Park Avenue, says one 478 00:21:54,320 --> 00:21:56,480 Speaker 14: headline as to what led to this. The shooter's three 479 00:21:56,520 --> 00:21:59,600 Speaker 14: page note asks that his brain be studied, and it 480 00:21:59,680 --> 00:22:06,200 Speaker 14: mentioned's ct chronic traumatic encephilopathy. The shooter player high school football, 481 00:22:06,880 --> 00:22:11,560 Speaker 14: which has been linked to impulsive and violent behavior, depression, 482 00:22:11,600 --> 00:22:13,119 Speaker 14: and suicidal thoughts. 483 00:22:13,119 --> 00:22:14,920 Speaker 2: For those who have CTA. 484 00:22:14,520 --> 00:22:17,040 Speaker 14: You know something that can only be diagnosed after death 485 00:22:17,080 --> 00:22:20,800 Speaker 14: when pathologists are abldoom cut into the brain. In recent years, 486 00:22:20,800 --> 00:22:23,640 Speaker 14: a growing number of former pro footballers have allowed such 487 00:22:23,680 --> 00:22:27,200 Speaker 14: brain studies following their deaths. One study found that ninety 488 00:22:27,320 --> 00:22:30,359 Speaker 14: nine percent of one hundred and eleven deceeised former NFL 489 00:22:30,400 --> 00:22:34,199 Speaker 14: players had ct A more recent study found CTE in 490 00:22:34,240 --> 00:22:36,920 Speaker 14: three hundred and forty five of three hundred and seventy six, 491 00:22:37,000 --> 00:22:40,640 Speaker 14: so ninety one point seven percent of those former NFL 492 00:22:40,680 --> 00:22:44,159 Speaker 14: players study. A survey found that one in three former 493 00:22:44,320 --> 00:22:48,000 Speaker 14: NFL players believe they have CTE. That survey was done 494 00:22:48,000 --> 00:22:51,679 Speaker 14: by Harvard. CTE also has been found in footballers who 495 00:22:51,720 --> 00:22:54,879 Speaker 14: were as young as seventeen. The shooters note accused of 496 00:22:54,960 --> 00:22:57,679 Speaker 14: the NFL of concealing the dangers of the game. In 497 00:22:57,720 --> 00:23:01,200 Speaker 14: twenty thirteen, the league and players agreed to where seven 498 00:23:01,280 --> 00:23:04,560 Speaker 14: hundred and sixty five million dollar US settlement, agreeing to 499 00:23:04,680 --> 00:23:08,320 Speaker 14: pay for victims medical exams and continuing research to study 500 00:23:08,440 --> 00:23:11,159 Speaker 14: this issue of head trauma. Part of the settlement allowed 501 00:23:11,160 --> 00:23:14,080 Speaker 14: the lead to admit no wrongdoing. 502 00:23:14,480 --> 00:23:17,480 Speaker 2: Right. So Trump still in Scotland. He talked tough yesterday. 503 00:23:17,480 --> 00:23:19,160 Speaker 2: So where are we at with Garza? What's he doing? 504 00:23:19,480 --> 00:23:19,680 Speaker 6: Well? 505 00:23:19,680 --> 00:23:21,960 Speaker 14: He didn't, He didn't. A little more food. Aid is 506 00:23:22,040 --> 00:23:24,800 Speaker 14: starting to get into Gaza as the world is focusing 507 00:23:24,800 --> 00:23:27,119 Speaker 14: on this against the backdrop of those dire reports by 508 00:23:27,160 --> 00:23:31,720 Speaker 14: AID agencies about increasing starvation. There have been some air 509 00:23:31,760 --> 00:23:34,159 Speaker 14: drops and a few more AID trucks getting in. But 510 00:23:34,240 --> 00:23:36,720 Speaker 14: yeh England, they form a un rep says that's not enough. 511 00:23:36,840 --> 00:23:38,280 Speaker 14: Far from enough food. 512 00:23:38,280 --> 00:23:39,040 Speaker 1: He says, one air. 513 00:23:38,960 --> 00:23:42,280 Speaker 2: Drop that's twenty five tons, that's two trucks. 514 00:23:42,840 --> 00:23:43,840 Speaker 20: We need six. 515 00:23:43,760 --> 00:23:48,199 Speaker 2: Hundred trucks per day. I mean, would you feed the 516 00:23:48,320 --> 00:23:52,639 Speaker 2: Tel Aviv with what one air drop or two or three? 517 00:23:52,760 --> 00:23:55,720 Speaker 20: You would have to have hundreds of trucks going in. 518 00:23:55,840 --> 00:23:56,040 Speaker 13: Well. 519 00:23:56,040 --> 00:23:59,399 Speaker 14: Since April, some twenty thousand children report today says have 520 00:23:59,520 --> 00:24:02,800 Speaker 14: been treated for chronic malnutrition. Three thousand of these was 521 00:24:02,840 --> 00:24:07,560 Speaker 14: said to be experiencing severe conditions. This led President Trump, 522 00:24:07,600 --> 00:24:10,439 Speaker 14: who was wrapping up that Scotland visitors, you say to 523 00:24:10,600 --> 00:24:12,520 Speaker 14: offer more, USA are going. 524 00:24:12,480 --> 00:24:15,600 Speaker 21: To set up food centers, and we're going to do 525 00:24:15,640 --> 00:24:18,240 Speaker 21: it in conjunction with some very good people. 526 00:24:18,440 --> 00:24:18,919 Speaker 18: Well you know. 527 00:24:18,960 --> 00:24:21,800 Speaker 14: He said this after Britain's PM Kirs Starman. He said 528 00:24:21,920 --> 00:24:24,719 Speaker 14: there was revulsion over the increasing loss of life. So 529 00:24:24,760 --> 00:24:28,560 Speaker 14: his rhetoric was much tougher than Trump's. Israel's Nettanno, who 530 00:24:28,600 --> 00:24:31,119 Speaker 14: was claiming there is no Israeli policy to limit food 531 00:24:31,160 --> 00:24:33,440 Speaker 14: and they blame him mask totally for any food crisis. 532 00:24:33,440 --> 00:24:35,639 Speaker 14: But Trump split with netno Who on this. 533 00:24:35,840 --> 00:24:39,840 Speaker 21: That's real starvation stuff. I see it, and you can't 534 00:24:39,880 --> 00:24:40,360 Speaker 21: fake that. 535 00:24:40,440 --> 00:24:42,959 Speaker 14: Still, my lingering question is how long does a starving 536 00:24:43,080 --> 00:24:46,600 Speaker 14: kid continue to starve while new systems are being set up? 537 00:24:46,640 --> 00:24:48,639 Speaker 2: Thank you, mate, We'll see you Friday. Richard donld State's 538 00:24:48,640 --> 00:24:51,400 Speaker 2: side just before we leave that part of the world exports. 539 00:24:51,440 --> 00:24:56,560 Speaker 2: The Observatory of Economic Complexity, which is quite a cool name. Anyway, 540 00:24:56,600 --> 00:25:00,400 Speaker 2: they've worked out the China exports to the States twenty 541 00:25:00,480 --> 00:25:02,800 Speaker 2: seven is going to or will decline by half a 542 00:25:02,840 --> 00:25:06,359 Speaker 2: trillion dollars US traded. China's forecast to drop by one 543 00:25:06,440 --> 00:25:09,440 Speaker 2: hundred billion, and who's the beneficiary of all that extra 544 00:25:09,480 --> 00:25:11,119 Speaker 2: trade that China is going to need to do something 545 00:25:11,119 --> 00:25:15,479 Speaker 2: with Russia? Oh the irony. Meantime, Trump's had trouble in 546 00:25:15,520 --> 00:25:18,960 Speaker 2: his deminimus thing, the deminimus being the small stuff you 547 00:25:19,000 --> 00:25:21,040 Speaker 2: bring in via the net. You know, you buy it 548 00:25:21,040 --> 00:25:23,040 Speaker 2: in team and it's less than eight hundred bucks. You 549 00:25:23,080 --> 00:25:25,320 Speaker 2: get it in for nothing. Anyway, he wanted to end 550 00:25:25,320 --> 00:25:27,600 Speaker 2: all that. They've gone to court, and the courts ruled 551 00:25:27,680 --> 00:25:31,720 Speaker 2: against him, so that remained stuck legally for now. Ten 552 00:25:31,760 --> 00:25:32,800 Speaker 2: away from seven. 553 00:25:33,320 --> 00:25:38,320 Speaker 1: A make Hosking breakfast with a Vita Retirement Communities News togsad. 554 00:25:37,920 --> 00:25:40,439 Speaker 2: Be Pribson to me morning, Mike, read your bank and 555 00:25:40,480 --> 00:25:42,480 Speaker 2: your loose comments about hustling for a bit of deal 556 00:25:42,520 --> 00:25:44,480 Speaker 2: at a bank belies the effort in time that entails. 557 00:25:44,480 --> 00:25:46,480 Speaker 2: A far better solution is to use far less eft 558 00:25:46,480 --> 00:25:47,840 Speaker 2: and find a good breaker. Well, of course you can. 559 00:25:48,000 --> 00:25:50,119 Speaker 2: I would have thought that's obvious. My main point being 560 00:25:50,520 --> 00:25:52,200 Speaker 2: there are deals to be done at banks. There is 561 00:25:52,280 --> 00:25:55,600 Speaker 2: competition in the banking sector, and it goes against a 562 00:25:55,600 --> 00:25:57,800 Speaker 2: lot of what Nicola will is. The Finance Minister would 563 00:25:57,880 --> 00:25:59,880 Speaker 2: argue that the banks are all a massive, big stitch 564 00:26:00,080 --> 00:26:02,960 Speaker 2: up and world being screwed. Speaking of money, Kiwi Bank 565 00:26:03,480 --> 00:26:07,159 Speaker 2: the State of Savings Index good news. Young people are 566 00:26:07,160 --> 00:26:10,080 Speaker 2: showing real savings discipline, financial confidence is on the rise, 567 00:26:10,160 --> 00:26:13,320 Speaker 2: Larger businesses moving beyond survival mode. That's growing optimism. There 568 00:26:13,320 --> 00:26:17,720 Speaker 2: you go the risk of persistently high inflation gone just 569 00:26:17,840 --> 00:26:21,119 Speaker 2: under half saving outside of key We Saber. Half of 570 00:26:21,200 --> 00:26:23,960 Speaker 2: us are saving outside Key Saber, which is encouraging. There's 571 00:26:23,960 --> 00:26:25,800 Speaker 2: also a lot of people that's been in the news, 572 00:26:25,840 --> 00:26:27,399 Speaker 2: a lot of people dipping into key We savers. So 573 00:26:27,440 --> 00:26:29,200 Speaker 2: you've got this two step economy. There are lots of 574 00:26:29,200 --> 00:26:31,840 Speaker 2: people who are busy saving, busy getting on with life, 575 00:26:31,880 --> 00:26:35,720 Speaker 2: busy doing you know, relatively okay all things considered. And 576 00:26:35,760 --> 00:26:38,120 Speaker 2: then you've got a lot of people still struggling. They're 577 00:26:38,119 --> 00:26:40,480 Speaker 2: seeing improvement in the economy. It's been driven by yet 578 00:26:40,520 --> 00:26:44,320 Speaker 2: again the South Island agriculture tourism. Just over half the 579 00:26:44,359 --> 00:26:48,600 Speaker 2: businesses surveyed are financially stronger than a year ago. That's 580 00:26:48,680 --> 00:26:51,879 Speaker 2: good warning signs. There's a confidence gap though, between the 581 00:26:51,920 --> 00:26:54,480 Speaker 2: bigger organizations and the smaller ones. The bigger ones seem 582 00:26:54,560 --> 00:26:57,640 Speaker 2: to be doing better, feeling more resilient. The smaller ones 583 00:26:57,680 --> 00:27:00,280 Speaker 2: are still struggling. So there's a lot of work there 584 00:27:00,080 --> 00:27:02,639 Speaker 2: are still to be done. As far as the government's 585 00:27:02,640 --> 00:27:06,640 Speaker 2: concerned in money. David Seymore's onto it will I ask 586 00:27:06,680 --> 00:27:10,080 Speaker 2: him about Brooklyn Velden what an interest hill defender. I 587 00:27:10,119 --> 00:27:12,439 Speaker 2: know what he's going to say before I ask. But 588 00:27:12,800 --> 00:27:17,360 Speaker 2: Brookvanvelden yesterday on the farm Eggs looked completely bewildered. Yet again, 589 00:27:17,440 --> 00:27:19,840 Speaker 2: she looked bewildered on scaffolding when she announced a review 590 00:27:19,840 --> 00:27:22,040 Speaker 2: of scaffolding. And then she came out yesterday and we 591 00:27:22,119 --> 00:27:23,920 Speaker 2: featured on the program. We talked about all the jobs 592 00:27:23,960 --> 00:27:26,159 Speaker 2: on it turns out the jobs on the farm for 593 00:27:26,240 --> 00:27:29,119 Speaker 2: young people. The advice came to her from Envy. First 594 00:27:29,119 --> 00:27:32,200 Speaker 2: of all, first lesson, never trust a government department. Don't 595 00:27:32,200 --> 00:27:33,800 Speaker 2: go to a government department and go can you think 596 00:27:33,840 --> 00:27:35,600 Speaker 2: of some jobs that young people do on a farm? 597 00:27:35,680 --> 00:27:37,640 Speaker 2: I mean it sort of makes it look like she's 598 00:27:37,680 --> 00:27:39,960 Speaker 2: never been on a farm in her life. And you 599 00:27:40,000 --> 00:27:41,720 Speaker 2: could drive past a farm and I say, brook there's 600 00:27:41,720 --> 00:27:44,639 Speaker 2: a farm. See what it all looks like. And when 601 00:27:44,680 --> 00:27:46,720 Speaker 2: they asked about the X never been to a farm. 602 00:27:46,720 --> 00:27:50,600 Speaker 8: Did nobody has she just got resting bewildered face is it. 603 00:27:50,520 --> 00:27:54,320 Speaker 2: Could have them five minutes away from seven in all 604 00:27:54,400 --> 00:27:54,840 Speaker 2: the ouse. 605 00:27:55,119 --> 00:27:59,200 Speaker 1: It's the fizz with business favor take your business productivity 606 00:27:59,280 --> 00:28:00,119 Speaker 1: to the next. 607 00:28:00,280 --> 00:28:03,320 Speaker 2: I'll stop at Michael more good news. This is from 608 00:28:03,359 --> 00:28:05,880 Speaker 2: the IMF. This is global growth. Start of the year. 609 00:28:05,920 --> 00:28:08,679 Speaker 2: They predicted three point three percent global growth both of 610 00:28:08,760 --> 00:28:11,639 Speaker 2: this year and next. Then April came Trump announced at 611 00:28:11,680 --> 00:28:16,000 Speaker 2: Tariffs Liberation Day forecast got revised two point eight this year, 612 00:28:16,040 --> 00:28:19,800 Speaker 2: three percent next year. Now they're saying three percent this 613 00:28:19,920 --> 00:28:22,400 Speaker 2: year and three point one percent next year, so they're 614 00:28:22,400 --> 00:28:23,920 Speaker 2: in the middle. They've gone back up a little bit, 615 00:28:24,160 --> 00:28:26,120 Speaker 2: almost as though they've havn't got a clue what's going on. 616 00:28:28,480 --> 00:28:31,000 Speaker 2: Still well down on a three point seven average globally 617 00:28:31,080 --> 00:28:34,200 Speaker 2: pre pandemic. Of courseman, we've forgotten about those days. Their 618 00:28:34,200 --> 00:28:36,520 Speaker 2: report also said there's been a big increase in front loading. 619 00:28:36,560 --> 00:28:39,520 Speaker 2: Knows no kidding. Business is importing a lot of stock 620 00:28:39,560 --> 00:28:41,840 Speaker 2: to get ahead of the new import taxes. So if 621 00:28:41,840 --> 00:28:44,840 Speaker 2: there has no ways raiss you noticed this yesterday. Finally 622 00:28:44,840 --> 00:28:47,080 Speaker 2: a media outlet in Australia picked it up. I raised 623 00:28:47,080 --> 00:28:49,400 Speaker 2: it on this program yesterday. No one ran with it yesterday. 624 00:28:49,760 --> 00:28:52,960 Speaker 2: Trump yesterday says for the rest of the world, we're 625 00:28:52,960 --> 00:28:56,720 Speaker 2: going minimum fifteen twenty percent. Why has no one raised 626 00:28:56,720 --> 00:29:00,120 Speaker 2: this with anybody? We're on ten and were Apparently we 627 00:29:00,200 --> 00:29:03,160 Speaker 2: can live with ten. Apparently that's okay. We just don't 628 00:29:03,160 --> 00:29:05,400 Speaker 2: want to be worse off than anyone else. We'll hold 629 00:29:05,440 --> 00:29:08,680 Speaker 2: on fifteen to twenty is worse off than other people 630 00:29:08,920 --> 00:29:12,720 Speaker 2: if it ends up at twenty. Indonesia's got nineteen, Philippines 631 00:29:12,760 --> 00:29:17,040 Speaker 2: has got nineteen, the UK's got fifteen. We're materially worse off. 632 00:29:17,760 --> 00:29:19,840 Speaker 2: Why is no one in the media raises that because 633 00:29:19,880 --> 00:29:23,200 Speaker 2: the atmospheric river. They're so fascinated with the atmospheric river 634 00:29:23,280 --> 00:29:24,720 Speaker 2: yesterday it didn't turn out to be any of the 635 00:29:25,200 --> 00:29:27,880 Speaker 2: atmospheric or a river. They forgot to ask about the 636 00:29:27,920 --> 00:29:30,680 Speaker 2: twenty percent. Aren't we alarmed about the possibility of two 637 00:29:30,760 --> 00:29:34,200 Speaker 2: billion dollar hit to the economy? Actually, I last David 638 00:29:34,240 --> 00:29:36,760 Speaker 2: seymore about that, the Associate Financial Minister instead of Brook 639 00:29:36,800 --> 00:29:39,560 Speaker 2: van Belding. I have more on that piece, so threw 640 00:29:39,600 --> 00:29:41,800 Speaker 2: in the bin. What else can I say? Good news 641 00:29:41,800 --> 00:29:44,600 Speaker 2: for price rises if you consume price rises moderating. They 642 00:29:44,600 --> 00:29:47,320 Speaker 2: think four point. This is globally. Remember four point two 643 00:29:47,360 --> 00:29:52,160 Speaker 2: percent this year, two point six percent next year. Nurses 644 00:29:52,200 --> 00:29:55,000 Speaker 2: are on strike yet again? You sick of strikes or 645 00:29:55,040 --> 00:29:57,160 Speaker 2: is it just me? We'll talk more about this after 646 00:29:57,160 --> 00:29:58,800 Speaker 2: the news, which is next. 647 00:30:00,160 --> 00:30:04,480 Speaker 1: Use opinion and everything in between. The Mike Hosking breakvent 648 00:30:04,760 --> 00:30:08,040 Speaker 1: with the land Rover Discovery never stop discovering news. 649 00:30:08,080 --> 00:30:10,560 Speaker 2: Tog head be on seven past seven, another day, another strike. 650 00:30:10,640 --> 00:30:12,880 Speaker 2: This time the nurses have gone thirty sixy out four 651 00:30:12,960 --> 00:30:16,160 Speaker 2: twenty four hours. Paul galters the Nurses organization Bosony's with us, 652 00:30:16,160 --> 00:30:16,960 Speaker 2: good morning. 653 00:30:16,840 --> 00:30:17,600 Speaker 20: Good morning mate. 654 00:30:17,600 --> 00:30:18,880 Speaker 2: Do you get sick of strikes? 655 00:30:20,200 --> 00:30:24,520 Speaker 20: Well, I'm saying this striking out of this issue. Really, 656 00:30:24,560 --> 00:30:26,920 Speaker 20: it's just gone on and on and let's just hope 657 00:30:26,920 --> 00:30:29,239 Speaker 20: we can finally get a sword of starfing. It's just 658 00:30:29,280 --> 00:30:30,040 Speaker 20: got to be dealt with. 659 00:30:30,920 --> 00:30:33,880 Speaker 2: So is this staffing or is it pay? 660 00:30:34,000 --> 00:30:38,479 Speaker 20: It's about staffing. The people are just absolutely fed up 661 00:30:38,480 --> 00:30:40,560 Speaker 20: at not being able to get enough staff on the 662 00:30:40,600 --> 00:30:43,760 Speaker 20: wards and this has just gone on for years and 663 00:30:43,960 --> 00:30:44,880 Speaker 20: I think it's just come. 664 00:30:44,800 --> 00:30:45,240 Speaker 12: To a head. 665 00:30:45,560 --> 00:30:47,680 Speaker 2: Explain it to people who don't follow this, But there 666 00:30:47,680 --> 00:30:51,160 Speaker 2: are graduates who are complaining that they don't have guaranteed jobs. 667 00:30:51,400 --> 00:30:53,880 Speaker 2: How can we have graduates that don't have guaranteed jobs 668 00:30:53,880 --> 00:30:55,800 Speaker 2: and you're telling me that we need more people. 669 00:30:57,240 --> 00:31:01,880 Speaker 20: Well, that's exactly the point that is. You've captured it. 670 00:31:01,880 --> 00:31:05,160 Speaker 20: It comes down to funding and resourcing. They don't have 671 00:31:05,240 --> 00:31:08,920 Speaker 20: the funding to employ those graduates and they don't have 672 00:31:08,960 --> 00:31:11,320 Speaker 20: the funding to put enough staff. 673 00:31:11,040 --> 00:31:11,600 Speaker 10: On the wards. 674 00:31:11,880 --> 00:31:15,040 Speaker 2: Okay, the nurses, this is the Prime Minister's line. Nurses 675 00:31:15,080 --> 00:31:17,719 Speaker 2: seniors one hundred and twenty five thousand, commensurate with New 676 00:31:17,760 --> 00:31:20,360 Speaker 2: South Wales, which is way wealthier than us. Nurse is 677 00:31:20,400 --> 00:31:23,080 Speaker 2: doing okay at that end of the market anywhay. 678 00:31:23,680 --> 00:31:25,760 Speaker 20: No, no, they're not. They wouldn't be going to Australia 679 00:31:25,800 --> 00:31:29,520 Speaker 20: if that was the case. The wages of course were 680 00:31:30,040 --> 00:31:32,959 Speaker 20: pumped up by the pay equity deal a couple of 681 00:31:33,000 --> 00:31:35,720 Speaker 20: years ago, but we've still got a major ressue and 682 00:31:35,760 --> 00:31:37,640 Speaker 20: basically the offer on the table was going to take 683 00:31:37,680 --> 00:31:38,320 Speaker 20: them backwards. 684 00:31:38,480 --> 00:31:41,080 Speaker 2: So how big a gap money wise have we got 685 00:31:41,080 --> 00:31:43,280 Speaker 2: between what you want and what they're offering. 686 00:31:44,720 --> 00:31:48,960 Speaker 20: Well, I don't think it's that big, but of course 687 00:31:49,000 --> 00:31:53,040 Speaker 20: you'd expect me to say that. We think it's a 688 00:31:53,080 --> 00:31:56,600 Speaker 20: matter of a few percent. We're arguing that at least 689 00:31:56,600 --> 00:31:59,440 Speaker 20: we should meet cost of living and at the moment 690 00:32:00,160 --> 00:32:01,280 Speaker 20: that doesn't go nearby? 691 00:32:01,480 --> 00:32:04,760 Speaker 2: Okay, do I mean, what's your advice to people who 692 00:32:04,760 --> 00:32:07,160 Speaker 2: have got no money, which we don't. We have no money. 693 00:32:07,200 --> 00:32:09,120 Speaker 2: Love to pay nurses a fortune, but we have no money. 694 00:32:09,160 --> 00:32:09,560 Speaker 2: What do you do? 695 00:32:10,960 --> 00:32:13,720 Speaker 20: Well, it comes back to what are the fundamentals that 696 00:32:13,800 --> 00:32:16,640 Speaker 20: need to be funded? And I think the health system 697 00:32:16,760 --> 00:32:20,440 Speaker 20: is an absolute fundamental in any society, particularly in New Zealand, 698 00:32:20,840 --> 00:32:24,280 Speaker 20: and it just hasn't received enough money to futtle. Were 699 00:32:24,280 --> 00:32:26,360 Speaker 20: a paired in front of a select committee last year 700 00:32:26,840 --> 00:32:29,720 Speaker 20: and they put a number on the table and they said, 701 00:32:29,800 --> 00:32:32,320 Speaker 20: this is how far fush, this is what we need, 702 00:32:32,320 --> 00:32:34,360 Speaker 20: and this is how far short we are to run 703 00:32:34,400 --> 00:32:37,719 Speaker 20: a good health system. And that GAP's never been made up. 704 00:32:37,800 --> 00:32:39,320 Speaker 2: No, I get that, But where do you get your 705 00:32:39,320 --> 00:32:41,160 Speaker 2: money from? We have no money, less than no money. 706 00:32:41,160 --> 00:32:42,200 Speaker 2: Where would you get it from? 707 00:32:42,720 --> 00:32:46,080 Speaker 20: Well, there is money where three hundred and sixty three 708 00:32:46,120 --> 00:32:48,760 Speaker 20: million I heard it's going to be saved and put 709 00:32:48,800 --> 00:32:50,600 Speaker 20: into the pockets of the tobacco industry. 710 00:32:50,840 --> 00:32:54,480 Speaker 2: No, that's an offset from money they haven't paid. You'd 711 00:32:54,520 --> 00:32:57,600 Speaker 2: need people to smoke to pay the excise tax for 712 00:32:57,680 --> 00:32:59,200 Speaker 2: the government. To get the money. Do you want people 713 00:32:59,200 --> 00:33:00,720 Speaker 2: to keep smoking to get you the money. 714 00:33:02,280 --> 00:33:04,040 Speaker 20: No, of course we don't because that just puts sets 715 00:33:04,040 --> 00:33:05,760 Speaker 20: of strain on the hospitals exactly. 716 00:33:05,880 --> 00:33:08,360 Speaker 2: So that's there is no three sixty three. So where 717 00:33:08,360 --> 00:33:10,120 Speaker 2: do you get the money from. 718 00:33:10,200 --> 00:33:13,400 Speaker 20: Well, the money has to be found and it goes to. 719 00:33:13,360 --> 00:33:18,480 Speaker 2: Priority where help me out where a lot. 720 00:33:18,320 --> 00:33:22,560 Speaker 20: Of the money has been spent on physical infrastructure, and 721 00:33:22,640 --> 00:33:24,800 Speaker 20: we're saying that some of that should be diverted into 722 00:33:24,840 --> 00:33:26,040 Speaker 20: the social infrastructure. 723 00:33:26,760 --> 00:33:28,720 Speaker 2: So like, don't build a need in hospital, give it 724 00:33:28,720 --> 00:33:29,320 Speaker 2: to the nurses. 725 00:33:30,200 --> 00:33:32,120 Speaker 20: No, we're talking about roads and things like that. 726 00:33:32,280 --> 00:33:33,880 Speaker 2: Don't build roads, give it to the nurses. 727 00:33:35,040 --> 00:33:38,200 Speaker 20: Well, the issue is you actulutely need nurses for a 728 00:33:38,200 --> 00:33:40,920 Speaker 20: safe health system, and we don't have a safe health system. 729 00:33:41,040 --> 00:33:45,200 Speaker 20: So it's pretty fundamentally these are matters of choices, political choices, 730 00:33:45,240 --> 00:33:48,800 Speaker 20: and governments of any color have to face this. And 731 00:33:48,840 --> 00:33:53,000 Speaker 20: we think a fundamental of any society like ours is 732 00:33:53,040 --> 00:33:55,160 Speaker 20: to have a safe and well funded health system. 733 00:33:55,200 --> 00:33:57,880 Speaker 2: Appreciate time, Paul Gotter, who's with the nurses. It's eleven 734 00:33:57,880 --> 00:34:01,120 Speaker 2: minutes past seven. Looks like the business of gangs is 735 00:34:01,160 --> 00:34:03,240 Speaker 2: going with correct, ten thousand members so two years ago 736 00:34:03,280 --> 00:34:05,520 Speaker 2: it was two hundred and seventy. As of today it's 737 00:34:05,600 --> 00:34:08,560 Speaker 2: ten thousand and nine. Paul Basham's the Police Assistant Commissioner 738 00:34:08,840 --> 00:34:12,240 Speaker 2: and as with us, Paul Morning, Good Morning, Mark Mitchell 739 00:34:12,280 --> 00:34:15,560 Speaker 2: claims the increase is slowing. Is he right? 740 00:34:16,560 --> 00:34:18,239 Speaker 10: Well, I think it comes at a time when we've 741 00:34:18,280 --> 00:34:20,320 Speaker 10: really never been better in the way that we're operating 742 00:34:20,320 --> 00:34:26,000 Speaker 10: out there against gain criminal behavior. Since the Gangseet came 743 00:34:26,040 --> 00:34:30,320 Speaker 10: into in November last year, we've laid nine thousand charges 744 00:34:30,360 --> 00:34:33,560 Speaker 10: against people that are validated on the gang list, and 745 00:34:33,640 --> 00:34:36,640 Speaker 10: two thousand of those charges have been for violence, was 746 00:34:36,719 --> 00:34:40,000 Speaker 10: executed nearly six hundred wants and taken over one hundred 747 00:34:40,040 --> 00:34:44,040 Speaker 10: firearms out of there scene. In our prosecution rate against 748 00:34:44,080 --> 00:34:47,080 Speaker 10: people that have validated on the gang list sits in 749 00:34:47,120 --> 00:34:49,799 Speaker 10: the mid nineties, So you know, we're out there all 750 00:34:49,840 --> 00:34:53,359 Speaker 10: the time having an impact on gain criminal behavior. Into 751 00:34:53,480 --> 00:34:57,719 Speaker 10: some extent, the gang list provides us with a sort 752 00:34:57,719 --> 00:35:00,879 Speaker 10: of point of intelligence about the operating environment and gives 753 00:35:00,960 --> 00:35:05,120 Speaker 10: us better accuracy, and ironically, the increase in the numbers 754 00:35:05,120 --> 00:35:09,080 Speaker 10: that we're seeing on the list kind of reflects that 755 00:35:08,520 --> 00:35:12,720 Speaker 10: we're out there more doing more policing against gang members, 756 00:35:12,719 --> 00:35:15,600 Speaker 10: and as a consequence of that, we're getting better intelligence 757 00:35:15,600 --> 00:35:16,120 Speaker 10: about them. 758 00:35:16,239 --> 00:35:18,479 Speaker 2: I'm very glad. I'm very glad you said that, because 759 00:35:18,640 --> 00:35:20,920 Speaker 2: I wondered why we're obsessing about the numbers. Aren't we 760 00:35:20,960 --> 00:35:23,359 Speaker 2: more interested in what they're actually doing. I mean, if 761 00:35:23,400 --> 00:35:25,719 Speaker 2: they're ten thousand and nine of them playing twister with 762 00:35:25,760 --> 00:35:29,440 Speaker 2: their mates, that's fine. If they're committing crime, that's a problem. 763 00:35:29,480 --> 00:35:30,920 Speaker 2: You're telling us you're on top of the crime. 764 00:35:31,960 --> 00:35:34,839 Speaker 10: Well, yeah, I'd respond in two ways to that. Our 765 00:35:34,880 --> 00:35:36,919 Speaker 10: staff wilsome and I don't think we've ever been better. 766 00:35:37,080 --> 00:35:39,960 Speaker 10: You know that there's been lots of reporting about the 767 00:35:39,960 --> 00:35:42,879 Speaker 10: work with undertaking against gans like the Common Seros. Last month, 768 00:35:42,960 --> 00:35:45,200 Speaker 10: we were operating against the Greasy Dogs and totong Are. 769 00:35:45,760 --> 00:35:48,120 Speaker 10: Two weeks ago we took out a chapter of the 770 00:35:48,120 --> 00:35:51,520 Speaker 10: Hell's Angels and Tongani and that's pretty significant and pleasing terms, 771 00:35:51,520 --> 00:35:53,520 Speaker 10: because they don't make that easy for us, and to 772 00:35:53,560 --> 00:35:56,439 Speaker 10: take out the Hell's Angels from a law enforcement point 773 00:35:56,440 --> 00:35:59,920 Speaker 10: of view is significant and reflects the fact that our 774 00:36:00,200 --> 00:36:02,520 Speaker 10: were doing awesome work. As I talk to you now, 775 00:36:03,160 --> 00:36:06,520 Speaker 10: we've got hundreds of staff in Auckland terminating against an 776 00:36:06,600 --> 00:36:11,080 Speaker 10: organized crime. There's more information the less about that later today, 777 00:36:11,560 --> 00:36:14,399 Speaker 10: and god knows how many millions of dollars that we've 778 00:36:14,480 --> 00:36:17,879 Speaker 10: restrained in terms of our set restraint and seizure over 779 00:36:17,920 --> 00:36:21,880 Speaker 10: the last year and five years. And we're operating in 780 00:36:22,239 --> 00:36:24,399 Speaker 10: a way that the government and the community would want 781 00:36:24,440 --> 00:36:26,640 Speaker 10: us to be in the way that we're tackling organized 782 00:36:26,640 --> 00:36:29,600 Speaker 10: crime and gain criminal behavior. And I think the second 783 00:36:29,600 --> 00:36:31,560 Speaker 10: part of way up to that would be, you know, 784 00:36:31,560 --> 00:36:34,200 Speaker 10: we have the ambition for our communities to be safe 785 00:36:34,239 --> 00:36:37,279 Speaker 10: and feel safe, and I think the GAIN legislation that 786 00:36:37,400 --> 00:36:41,279 Speaker 10: dropped last year has had a significant impact out there 787 00:36:41,320 --> 00:36:44,000 Speaker 10: in terms of community feelings of safety, and the feedback 788 00:36:44,040 --> 00:36:47,120 Speaker 10: that we're getting is very positive in that regard. So 789 00:36:47,680 --> 00:36:49,759 Speaker 10: it's met the mark, if you like, openly whelming and 790 00:36:49,840 --> 00:36:52,400 Speaker 10: met the mark in terms of the government's and tension 791 00:36:52,480 --> 00:36:54,600 Speaker 10: and the way that we're able to execute it, and 792 00:36:54,640 --> 00:36:57,560 Speaker 10: we're getting really good feedback in terms of feelings of 793 00:36:57,600 --> 00:37:01,480 Speaker 10: community safety as a consequence. But it's also you know, 794 00:37:01,520 --> 00:37:04,080 Speaker 10: with the resource that came with it, it has given 795 00:37:04,120 --> 00:37:06,520 Speaker 10: us the opportunity to be more interactive in the way 796 00:37:06,560 --> 00:37:09,719 Speaker 10: that we are police thinking criminal behavior. And back to 797 00:37:10,280 --> 00:37:12,839 Speaker 10: the interest in the gang list, I think that kind 798 00:37:12,840 --> 00:37:14,920 Speaker 10: of reflects the fact that we're out there more and 799 00:37:14,960 --> 00:37:17,000 Speaker 10: therefore we've got accurate. 800 00:37:16,600 --> 00:37:19,160 Speaker 2: And tell nicely said Paul. Appreciate your time very much, 801 00:37:19,160 --> 00:37:22,480 Speaker 2: Paul Basham, who's the police Assistant commissioner? You thinking what 802 00:37:22,560 --> 00:37:25,160 Speaker 2: I'm thinking. You've never heard a cop in your life 803 00:37:25,320 --> 00:37:29,640 Speaker 2: more eloquent. If he's good looking as well, he's the. 804 00:37:29,760 --> 00:37:31,640 Speaker 20: I certainly like the number of the times you use 805 00:37:31,680 --> 00:37:32,560 Speaker 20: the word awesome. 806 00:37:32,360 --> 00:37:36,040 Speaker 2: Exactly if he's good looking as well. Here's the New 807 00:37:36,080 --> 00:37:38,959 Speaker 2: Zealand Police Forces post a child Mike Mitchell be listening 808 00:37:38,960 --> 00:37:41,360 Speaker 2: to that. He will be in tears. Fourteen past seven. 809 00:37:42,360 --> 00:37:46,760 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered 810 00:37:46,800 --> 00:37:47,520 Speaker 1: by News Talks. 811 00:37:47,520 --> 00:37:50,640 Speaker 2: That'd be David Temore on of a oourt fifteen minutes meantime, 812 00:37:50,640 --> 00:37:52,880 Speaker 2: it's seventeen pasted. We finally got there with the netball 813 00:37:52,960 --> 00:37:55,120 Speaker 2: so TV and Z are going to wear thirty games 814 00:37:55,280 --> 00:37:59,000 Speaker 2: across twenty three weeks one year deal. They'll need some support. 815 00:37:59,040 --> 00:38:01,279 Speaker 2: Potential partners still being tapped up for a. 816 00:38:01,280 --> 00:38:01,680 Speaker 11: Bit of dough. 817 00:38:02,080 --> 00:38:04,360 Speaker 2: Jenny Wiley's the boss of Netball New Zealand And, is 818 00:38:04,360 --> 00:38:06,920 Speaker 2: with us. Good morning, good morning. Is this a fix 819 00:38:07,239 --> 00:38:07,840 Speaker 2: or a plaster? 820 00:38:09,760 --> 00:38:12,480 Speaker 22: Well, I think what we're what we're doing with our 821 00:38:12,560 --> 00:38:16,560 Speaker 22: move to TVNZ is bringing netbel home and so actually 822 00:38:16,640 --> 00:38:20,240 Speaker 22: it's a return to what we've always known where kiwis 823 00:38:20,280 --> 00:38:23,600 Speaker 22: can access it on a really broader platform and it's 824 00:38:23,640 --> 00:38:25,320 Speaker 22: available across the country. 825 00:38:25,480 --> 00:38:27,359 Speaker 2: There is no doubt that free too. Where does work 826 00:38:27,400 --> 00:38:29,440 Speaker 2: in the numbers terms? Is there any money there. 827 00:38:30,960 --> 00:38:31,160 Speaker 11: All? 828 00:38:31,360 --> 00:38:34,239 Speaker 22: We won't discuss commercial deals, but there is a change 829 00:38:34,239 --> 00:38:37,400 Speaker 22: in economics and Netball New Zealand is investing in this, 830 00:38:37,680 --> 00:38:41,560 Speaker 22: but we actually feel it's right in the direction we're heading. 831 00:38:41,600 --> 00:38:44,360 Speaker 22: The vision that we have that kiwis can see our game. 832 00:38:44,719 --> 00:38:47,720 Speaker 2: Yeah, bit of people. Everyone wants to know. Is everyone 833 00:38:47,760 --> 00:38:49,719 Speaker 2: going to get a pay rise? Is the concern that 834 00:38:49,719 --> 00:38:52,080 Speaker 2: we're seeing around the game? Is that addressed or do 835 00:38:52,120 --> 00:38:53,120 Speaker 2: you still have work to do? 836 00:38:54,520 --> 00:38:56,759 Speaker 22: We still have work to do. Netball New Zealant is 837 00:38:56,800 --> 00:39:01,160 Speaker 22: investing in this and it's it's a changing market. The 838 00:39:01,200 --> 00:39:05,839 Speaker 22: broadcast market is different traditional media and you know, right 839 00:39:05,920 --> 00:39:09,120 Speaker 22: spees have moved and there is more risk in the market. 840 00:39:09,320 --> 00:39:12,480 Speaker 22: But we're willing to step into that because we know 841 00:39:12,719 --> 00:39:16,319 Speaker 22: and we believe that the game has a future and yeah, 842 00:39:16,360 --> 00:39:19,520 Speaker 22: we're looking forward to how we can move into a 843 00:39:19,560 --> 00:39:21,320 Speaker 22: new and different revenue model. 844 00:39:21,560 --> 00:39:23,759 Speaker 2: Can you explain? And this is not a criticism. I'm 845 00:39:23,800 --> 00:39:27,360 Speaker 2: just genuinely interested in knowing what's happened to netball that 846 00:39:27,400 --> 00:39:30,680 Speaker 2: you've got yourself in the situation. It's still an exciting game, 847 00:39:30,760 --> 00:39:33,640 Speaker 2: you still get the crowds, We're still seemingly interested. But 848 00:39:33,760 --> 00:39:34,880 Speaker 2: something's not working. 849 00:39:34,960 --> 00:39:35,440 Speaker 12: What is it? 850 00:39:36,800 --> 00:39:39,000 Speaker 22: Well? I think I think it's really key to know. 851 00:39:39,239 --> 00:39:42,600 Speaker 22: You know, the participation in netball is growing. The Ferns 852 00:39:42,600 --> 00:39:46,239 Speaker 22: have beaten Australia more often than any other team on 853 00:39:46,320 --> 00:39:49,600 Speaker 22: the world stage, and I think it's just symptomatic of 854 00:39:49,680 --> 00:39:53,840 Speaker 22: a changing media market. The very big sports are going 855 00:39:53,920 --> 00:39:57,120 Speaker 22: to get bigger and there will be less for everyone else. 856 00:39:57,320 --> 00:40:00,040 Speaker 22: And you know, we're sitting here as a female. We 857 00:40:00,560 --> 00:40:04,360 Speaker 22: can't be cross subsidized by a men's broadcast deal. We 858 00:40:04,440 --> 00:40:08,920 Speaker 22: don't have a really rich India or fiafer in the 859 00:40:08,960 --> 00:40:13,359 Speaker 22: background for us. So our reality is while we can 860 00:40:13,480 --> 00:40:16,640 Speaker 22: keep getting told the message to cut our cloth, this 861 00:40:16,680 --> 00:40:19,200 Speaker 22: is about kiwee's. If they want to see women's sport 862 00:40:19,320 --> 00:40:22,920 Speaker 22: and the athleticism that these athletes bring, they're going to 863 00:40:22,960 --> 00:40:24,640 Speaker 22: need to contribute in a different way. 864 00:40:24,760 --> 00:40:27,319 Speaker 2: Appreciate your time, Jenny Wiley out of netball. There's a 865 00:40:27,320 --> 00:40:29,959 Speaker 2: bit of this, not surprisingly, Mike, that's what's so wrong 866 00:40:30,000 --> 00:40:32,040 Speaker 2: with this country. Pull sums up the whole latitude of 867 00:40:32,040 --> 00:40:33,880 Speaker 2: New Zealand being a welfare state. There's no cost of 868 00:40:33,960 --> 00:40:36,520 Speaker 2: living crisis anymore. That's crap. It's the dependency on the 869 00:40:36,520 --> 00:40:37,560 Speaker 2: state that's killing us. 870 00:40:37,760 --> 00:40:44,640 Speaker 1: Seven The Mike Asking Breakfast Full Show podcast on iHeartRadio 871 00:40:44,960 --> 00:40:46,319 Speaker 1: powered by News Talks EB. 872 00:40:48,800 --> 00:40:50,560 Speaker 2: Now, if you want to celebrate some savings, I have 873 00:40:50,640 --> 00:40:52,560 Speaker 2: very good news for you this morning. Chemist Warehouse. That's 874 00:40:52,600 --> 00:40:54,000 Speaker 2: the place to head in store if you want to 875 00:40:54,040 --> 00:40:56,160 Speaker 2: do it online. If you like massive range of winter deals. 876 00:40:56,160 --> 00:40:59,040 Speaker 2: You've got Vitamin's cosmetic skin care fragrances a whole lot more. 877 00:40:59,239 --> 00:41:01,520 Speaker 2: You got the Doom of Daily Nourish Lotion one point 878 00:41:01,560 --> 00:41:04,160 Speaker 2: two five liter just eighteen thirty nine. But that's only 879 00:41:04,200 --> 00:41:06,520 Speaker 2: a Chemist warehouse. You can power up your workouts with 880 00:41:06,560 --> 00:41:09,680 Speaker 2: the BSc pre workout range that's only forty six ninety nine. 881 00:41:09,719 --> 00:41:12,200 Speaker 2: You can support your immunity because I've got the health 882 00:41:12,200 --> 00:41:15,080 Speaker 2: rease Vitamin C plus B probiotics at one fifties. There're 883 00:41:15,080 --> 00:41:16,879 Speaker 2: one fifties a lot of them. In other words, twenty 884 00:41:16,880 --> 00:41:20,040 Speaker 2: four ninety nine. What else can I give you? Sell 885 00:41:20,080 --> 00:41:22,880 Speaker 2: on smooth hair? Who doesn't want that? Head and shoulders? 886 00:41:23,080 --> 00:41:25,799 Speaker 2: Smooth and silki four hundred mills Big bottle shampoo and 887 00:41:25,840 --> 00:41:29,160 Speaker 2: condition are now only eight ninety nine each. Unbelievable. Chemist 888 00:41:29,160 --> 00:41:31,840 Speaker 2: Warehouse catalog deals got to be in thirteen August. So 889 00:41:32,000 --> 00:41:35,200 Speaker 2: get to the chemist Warehouse. In addition to visiting, you 890 00:41:35,239 --> 00:41:37,960 Speaker 2: can order online. You can click and collect That saves time. 891 00:41:37,960 --> 00:41:40,479 Speaker 2: You can choose fast delivery for same day delivery. Teas 892 00:41:40,520 --> 00:41:42,880 Speaker 2: and season charges may apply, so you can celebrate savings 893 00:41:42,920 --> 00:41:45,760 Speaker 2: basically this winter, head on over to chemist Warehouse. Great 894 00:41:45,920 --> 00:41:50,000 Speaker 2: savings every day. Seven eighty four. We are being urged 895 00:41:50,000 --> 00:41:54,000 Speaker 2: I note again to quote unquote break up with property. 896 00:41:54,040 --> 00:41:56,480 Speaker 2: We are urged this way once every few years. It's 897 00:41:56,480 --> 00:41:59,280 Speaker 2: a theme. It's based, not unreasonably really on the idea 898 00:41:59,320 --> 00:42:01,960 Speaker 2: that we could take money and make it work differently, 899 00:42:02,000 --> 00:42:04,120 Speaker 2: if not more productively, than it does in a house. 900 00:42:04,200 --> 00:42:04,319 Speaker 21: Now. 901 00:42:04,360 --> 00:42:06,840 Speaker 2: The latest iteration comes from a blow at Craig's Investment 902 00:42:07,239 --> 00:42:09,080 Speaker 2: who suggest if you put one hundred dollars into a 903 00:42:09,080 --> 00:42:11,000 Speaker 2: house in thirty years, it's worth about six hundred bucks. 904 00:42:11,000 --> 00:42:12,359 Speaker 2: But if you'd done it with shares they'd be worth 905 00:42:12,360 --> 00:42:15,840 Speaker 2: about eleven hundred dollars. Not just that, but the country 906 00:42:15,880 --> 00:42:17,759 Speaker 2: would be better off. Those dollars would have been out 907 00:42:17,760 --> 00:42:20,120 Speaker 2: and about. They would have been investing in staff, growing staff, 908 00:42:20,160 --> 00:42:22,800 Speaker 2: creating jobs, opening markets, making the world a better place. 909 00:42:23,120 --> 00:42:25,759 Speaker 2: They may well be true troublers. That's a long term view, 910 00:42:25,800 --> 00:42:27,360 Speaker 2: and most of us don't have long term views. The 911 00:42:27,400 --> 00:42:29,359 Speaker 2: view most of us have is what's happening to New 912 00:42:29,440 --> 00:42:31,480 Speaker 2: Zealand shares so far as here? Well, the answer is 913 00:42:31,480 --> 00:42:34,440 Speaker 2: they've gone backwards. Yes, today they're down one point four percent. 914 00:42:34,680 --> 00:42:36,960 Speaker 2: Mind you look at housing. It's hardly booming though, is it. 915 00:42:37,000 --> 00:42:39,920 Speaker 2: But if you want a glass half full, shares in 916 00:42:39,960 --> 00:42:41,960 Speaker 2: New Zealand in the last five years are up almost 917 00:42:41,960 --> 00:42:44,959 Speaker 2: ten percent. Houses most certainly are not up ten percent 918 00:42:45,000 --> 00:42:47,200 Speaker 2: in that same period. It may change with time. Now 919 00:42:47,200 --> 00:42:49,000 Speaker 2: this is the interesting part. It may change with time. See, 920 00:42:49,000 --> 00:42:52,160 Speaker 2: one of our children started buying shares while they're still 921 00:42:52,160 --> 00:42:54,759 Speaker 2: at university. They're of the generation that believes, also they're 922 00:42:54,800 --> 00:42:57,160 Speaker 2: never going to own a house, which isn't of course true. 923 00:42:57,480 --> 00:43:00,080 Speaker 2: They will, but they've also got a portfolio. But the 924 00:43:00,200 --> 00:43:03,480 Speaker 2: perception could be the key. If housing is perceived to 925 00:43:03,520 --> 00:43:08,279 Speaker 2: be unobtainable. What is obtainable, well, maybe shares, but credibility 926 00:43:08,360 --> 00:43:10,279 Speaker 2: is an issue also. I mean, shares can be blue chip, 927 00:43:10,320 --> 00:43:13,399 Speaker 2: can't they? Or they can be mean type stock if 928 00:43:13,400 --> 00:43:15,600 Speaker 2: you're following the Sydney Sweeney nonsense at the moment, you 929 00:43:15,640 --> 00:43:18,840 Speaker 2: can invest, or you can punt. Stock can be priced 930 00:43:18,840 --> 00:43:21,040 Speaker 2: to perfection, or it can be solid as a rock. 931 00:43:21,480 --> 00:43:23,680 Speaker 2: You can be an F and P healthcare when COVID arrived, 932 00:43:23,920 --> 00:43:26,160 Speaker 2: or you can be in their New Zealand when COVID arrived. 933 00:43:26,600 --> 00:43:28,799 Speaker 2: It requires a lot, whereas a house is a roof 934 00:43:28,800 --> 00:43:30,120 Speaker 2: and a shelter and a thing you can show you 935 00:43:30,200 --> 00:43:32,400 Speaker 2: mates and have a barbecue at. It's simple. Houses are 936 00:43:32,400 --> 00:43:34,840 Speaker 2: easy and they hardly ever lose money over time. To 937 00:43:34,920 --> 00:43:37,760 Speaker 2: get people to shift, especially when it comes to money, 938 00:43:37,760 --> 00:43:41,440 Speaker 2: the pitch has to be compelling. But in an uncertain, 939 00:43:41,719 --> 00:43:44,000 Speaker 2: crazy old world, which it is at the moment, is 940 00:43:44,040 --> 00:43:46,480 Speaker 2: a stock market really that compelling? 941 00:43:47,600 --> 00:43:48,040 Speaker 13: Asking? 942 00:43:48,360 --> 00:43:51,000 Speaker 2: Pretty disappointing, Mike with your grilling about where to find 943 00:43:51,000 --> 00:43:55,799 Speaker 2: the money. It's not his job to find the money. Well, 944 00:43:55,800 --> 00:43:59,879 Speaker 2: I'm pretty disappointed in your text. God's sake, Nay's job. 945 00:44:00,480 --> 00:44:01,759 Speaker 2: I read a very good piece and I'll come back 946 00:44:01,800 --> 00:44:04,080 Speaker 2: to it. Later they interviewed a guy who used to 947 00:44:04,080 --> 00:44:07,200 Speaker 2: be the head of the Danish public broadcasting system and 948 00:44:07,280 --> 00:44:10,719 Speaker 2: he quit and he started a group because he's worried 949 00:44:10,719 --> 00:44:12,759 Speaker 2: about the state of journalism in the world as well 950 00:44:12,760 --> 00:44:14,640 Speaker 2: he might be. And he said, part of the problem 951 00:44:14,640 --> 00:44:16,600 Speaker 2: with the journalism in the world is they're all negative, 952 00:44:16,640 --> 00:44:18,480 Speaker 2: and they all want to find problems, and they all 953 00:44:18,520 --> 00:44:22,040 Speaker 2: promote problems and misery and atmospheric rivers. And what they 954 00:44:22,040 --> 00:44:25,160 Speaker 2: want to do is provide some solutions. So it is 955 00:44:25,280 --> 00:44:27,319 Speaker 2: his job to come up with some solutions. And you'll 956 00:44:27,400 --> 00:44:28,879 Speaker 2: notice in the interview when I asked him a few 957 00:44:28,880 --> 00:44:31,440 Speaker 2: basic questions, like, you know, sure it's easy to ask 958 00:44:31,440 --> 00:44:33,240 Speaker 2: for more money. We can all ask for more money. 959 00:44:33,239 --> 00:44:34,960 Speaker 2: We don't have any money, statement of fact, we have 960 00:44:35,040 --> 00:44:36,680 Speaker 2: less than no money. Where would you like to get 961 00:44:36,680 --> 00:44:40,279 Speaker 2: the money from? And when push comes to shove, there 962 00:44:40,360 --> 00:44:42,840 Speaker 2: is no obvious answer. And that tobacco thing, which is 963 00:44:42,880 --> 00:44:45,479 Speaker 2: another to Mike, thank you for pointing out Chippy's lie 964 00:44:46,040 --> 00:44:48,160 Speaker 2: about the tobacco company earning three undred and fifty million 965 00:44:48,160 --> 00:44:50,560 Speaker 2: winter fact, it's an amount budgeted to offset the loss. 966 00:44:50,920 --> 00:44:54,920 Speaker 2: Chippy Leather doesn't understand it because he's economically illiterate. I'd 967 00:44:55,000 --> 00:44:57,719 Speaker 2: like to think that isn't true. If it isn't true 968 00:44:57,760 --> 00:45:00,600 Speaker 2: and he does understand it, he's playing you for a sucker. 969 00:45:00,760 --> 00:45:04,000 Speaker 2: He's treating you like an idiot because he keeps running 970 00:45:04,000 --> 00:45:06,480 Speaker 2: the line about handing money over to the tobacco companies 971 00:45:06,520 --> 00:45:10,480 Speaker 2: where no money has been handed over, and it requires 972 00:45:10,520 --> 00:45:14,440 Speaker 2: people to continue smoking to pay the tax. And if 973 00:45:14,440 --> 00:45:17,800 Speaker 2: you don't understand that, you should. And if we wanted 974 00:45:17,840 --> 00:45:21,720 Speaker 2: better political discourse in this country, he'd stopped playing stupid 975 00:45:21,719 --> 00:45:26,440 Speaker 2: games like that. David Seymour is but moments away on 976 00:45:26,480 --> 00:45:28,680 Speaker 2: the Mike Hosking Breakfast here at News Talk said. 977 00:45:30,560 --> 00:45:34,560 Speaker 1: New Zealand's home for trusted news and views, the Mic 978 00:45:34,640 --> 00:45:40,000 Speaker 1: Hosking Breakfast with Bailey's real Estate altogether better across residential, commercial, 979 00:45:40,080 --> 00:45:41,840 Speaker 1: and rural news talks head been. 980 00:45:41,800 --> 00:45:45,520 Speaker 2: Mike Starmer's virtue signaling around Israel providing a talking point. 981 00:45:45,600 --> 00:45:48,680 Speaker 2: Is it distracting from the new DRACONI in totalitarian dystopian 982 00:45:48,719 --> 00:45:51,600 Speaker 2: online security laws? No, I don't think so, but I 983 00:45:51,600 --> 00:45:53,200 Speaker 2: did mention at the start of the show it's an 984 00:45:53,239 --> 00:45:56,200 Speaker 2: odd tool under normal circumstances. Correct me if I'm wrong. 985 00:45:56,239 --> 00:45:59,040 Speaker 2: Macron was an example the other day you recognize the 986 00:45:59,040 --> 00:46:02,440 Speaker 2: Palestinian state, so called two state solution, because you want 987 00:46:02,480 --> 00:46:05,239 Speaker 2: to do it. It's a good thing, a right thing 988 00:46:05,320 --> 00:46:08,400 Speaker 2: to do. What Starmer seems to be now using it 989 00:46:08,440 --> 00:46:12,200 Speaker 2: as is a weapon as a negotiating tool. Unless you 990 00:46:12,280 --> 00:46:15,160 Speaker 2: do this, Israel, tell you what I'm gonna do. I'm 991 00:46:15,160 --> 00:46:18,120 Speaker 2: going to recognize Palestine. It's sort of like it's reverse logic. 992 00:46:18,160 --> 00:46:21,759 Speaker 2: It makes absolutely no sense. Meantime, on Air Force one 993 00:46:21,800 --> 00:46:23,880 Speaker 2: on his way back to Washington. You know, are you 994 00:46:24,000 --> 00:46:25,560 Speaker 2: rewarding a bass if you do that? 995 00:46:26,400 --> 00:46:30,080 Speaker 21: And I don't think they should be rewarded, So I'm 996 00:46:30,120 --> 00:46:33,400 Speaker 21: not in that cap. To be honest, We'll let you 997 00:46:33,440 --> 00:46:35,160 Speaker 21: know where we are, but I am not in that 998 00:46:35,239 --> 00:46:38,040 Speaker 21: kit because if you do that, you really are rewarding 999 00:46:38,080 --> 00:46:38,879 Speaker 21: a mass. 1000 00:46:40,840 --> 00:46:47,839 Speaker 2: Music politics wisdoy Mark Metell, Juny Anderson. After eight twenty 1001 00:46:47,840 --> 00:46:49,360 Speaker 2: two minutes away from weight Well, the hunts on for 1002 00:46:49,400 --> 00:46:52,640 Speaker 2: savings for next year's budget. Already, savings this time round 1003 00:46:52,680 --> 00:46:54,600 Speaker 2: amounted to four point eight billion. You might remember a 1004 00:46:54,600 --> 00:46:56,480 Speaker 2: lot of it came from the pay equity changes, of course, 1005 00:46:56,520 --> 00:46:58,520 Speaker 2: So what's left behind the couch, so to speak. David 1006 00:46:58,520 --> 00:47:02,040 Speaker 2: Seamore's the Associate of Finance minister, he's on this and 1007 00:47:02,080 --> 00:47:05,600 Speaker 2: he's with us. Good morning, Good morning. May now the public, 1008 00:47:06,200 --> 00:47:08,240 Speaker 2: how much of this is the future of your government 1009 00:47:08,400 --> 00:47:11,040 Speaker 2: given next year's election year. How much is it about 1010 00:47:11,080 --> 00:47:13,840 Speaker 2: cutting back, cutting back and cutting back versus growing something 1011 00:47:13,840 --> 00:47:15,279 Speaker 2: and actually bringing some more in. 1012 00:47:17,120 --> 00:47:19,960 Speaker 8: Well that there's a difference between the private sector and 1013 00:47:20,000 --> 00:47:22,120 Speaker 8: the government. The role of the government is to be 1014 00:47:22,600 --> 00:47:25,360 Speaker 8: small and be efficient, to deliver the things that people 1015 00:47:25,400 --> 00:47:30,120 Speaker 8: absolutely need in a really professional way, and leave a 1016 00:47:30,200 --> 00:47:33,120 Speaker 8: larger and larger slice of the pie for the private 1017 00:47:33,160 --> 00:47:36,640 Speaker 8: sector to reinvest and grow. So if you look at 1018 00:47:36,880 --> 00:47:41,280 Speaker 8: where we've come from, the government started out with almost 1019 00:47:41,320 --> 00:47:45,640 Speaker 8: thirty five percent of GDP being spent by the government. 1020 00:47:46,600 --> 00:47:48,759 Speaker 8: Our goal over a four year forecast to get that 1021 00:47:48,880 --> 00:47:52,080 Speaker 8: down to about thirty one. That may not sound like 1022 00:47:52,120 --> 00:47:54,839 Speaker 8: a big change, but it's just a matter of every year, 1023 00:47:54,960 --> 00:47:58,000 Speaker 8: every budget, looking behind the couch, finding things that are 1024 00:47:58,000 --> 00:48:01,680 Speaker 8: happening in government that actually we have started stopping them, 1025 00:48:02,080 --> 00:48:05,279 Speaker 8: and then putting that money into things that we actually need, 1026 00:48:05,320 --> 00:48:06,160 Speaker 8: such as healthcare. 1027 00:48:06,280 --> 00:48:08,719 Speaker 2: Okay, so last year's well, this year's trick was four 1028 00:48:08,719 --> 00:48:10,520 Speaker 2: point eight. A lot of it was the pay equity. 1029 00:48:10,640 --> 00:48:13,520 Speaker 2: Is there another big money pile there? Or is this 1030 00:48:13,640 --> 00:48:14,960 Speaker 2: we down to rats and mice. 1031 00:48:16,560 --> 00:48:18,879 Speaker 8: Well, people will call it rats and mice, but there's 1032 00:48:18,880 --> 00:48:21,160 Speaker 8: an old saying, if you manage the pennies, the pounds 1033 00:48:21,200 --> 00:48:25,160 Speaker 8: will look after themselves. And my goal in the extent 1034 00:48:25,200 --> 00:48:27,520 Speaker 8: that I've been involved in budgets and I play a 1035 00:48:27,560 --> 00:48:29,520 Speaker 8: small partnicle that says, can you go and find some 1036 00:48:29,560 --> 00:48:31,719 Speaker 8: places to save money? And I say, yep, to settle up. 1037 00:48:32,200 --> 00:48:35,760 Speaker 8: And we find that sometimes there's a program that actually 1038 00:48:36,280 --> 00:48:38,640 Speaker 8: a lot of people didn't know about. It was spending 1039 00:48:38,640 --> 00:48:40,880 Speaker 8: a lot of money. We find that there's an agency 1040 00:48:40,920 --> 00:48:44,799 Speaker 8: that's growing exponentially over the last five or six years, 1041 00:48:44,840 --> 00:48:46,839 Speaker 8: and no one's quite sure what it was that they 1042 00:48:46,840 --> 00:48:48,759 Speaker 8: were doing. So you didn't call it rats and mice. 1043 00:48:49,040 --> 00:48:52,279 Speaker 8: I call it just a constant drive for efficiency. That's 1044 00:48:52,320 --> 00:48:54,800 Speaker 8: what everyone else has had to do and every farm, 1045 00:48:54,880 --> 00:48:57,120 Speaker 8: every firm, every family for the last five or six 1046 00:48:57,239 --> 00:49:01,160 Speaker 8: years of this inflation that is really ravaged the economy. 1047 00:49:01,440 --> 00:49:03,960 Speaker 8: The government is now playing its part after it blew 1048 00:49:04,000 --> 00:49:04,680 Speaker 8: out massively. 1049 00:49:05,440 --> 00:49:08,240 Speaker 2: I was, funnily enough, just during the news it suddenly 1050 00:49:08,239 --> 00:49:10,200 Speaker 2: occurred to me, you know, Andrew Costra and the Social 1051 00:49:10,200 --> 00:49:12,799 Speaker 2: Investment Agency occurred to me to ask the questions some people, 1052 00:49:13,160 --> 00:49:15,040 Speaker 2: what's he done now, what he's done so far as 1053 00:49:15,080 --> 00:49:18,080 Speaker 2: he's written some reports, what's the point of him? And 1054 00:49:18,200 --> 00:49:20,040 Speaker 2: is that a waste of money? 1055 00:49:20,840 --> 00:49:23,800 Speaker 8: Well, I just look at something like, say the prison population. 1056 00:49:24,719 --> 00:49:28,120 Speaker 8: It is right to lock people up if they're committing crimes, 1057 00:49:28,200 --> 00:49:29,920 Speaker 8: because the first thing I want the government to do 1058 00:49:30,000 --> 00:49:31,759 Speaker 8: is make it safe for me to walk to the 1059 00:49:31,760 --> 00:49:34,759 Speaker 8: supermarket and not see people walking a trolley out. But 1060 00:49:34,840 --> 00:49:38,480 Speaker 8: your strategy can't be to just keep on locking people 1061 00:49:38,600 --> 00:49:41,880 Speaker 8: up for decades into the future until the prison population 1062 00:49:41,960 --> 00:49:43,000 Speaker 8: starts to look American. 1063 00:49:43,080 --> 00:49:44,120 Speaker 6: So what do you do? 1064 00:49:44,160 --> 00:49:46,279 Speaker 8: You start asking, Well, you know, are there things we 1065 00:49:46,320 --> 00:49:49,680 Speaker 8: could do that are smarter, mainly with younger people. School 1066 00:49:49,719 --> 00:49:51,719 Speaker 8: attendance is something I'm involved and if you get a 1067 00:49:51,760 --> 00:49:53,680 Speaker 8: kid to go to school, are far less likely to 1068 00:49:53,760 --> 00:49:56,560 Speaker 8: end up in a prison later on. And that is 1069 00:49:56,800 --> 00:50:00,320 Speaker 8: the thrust of Nikola Willis's Social Investment Agency. It's a 1070 00:50:00,360 --> 00:50:03,359 Speaker 8: good insight in fairness to them, they've only been going 1071 00:50:03,400 --> 00:50:06,960 Speaker 8: for a year and dealing with problems that pan out 1072 00:50:07,040 --> 00:50:11,319 Speaker 8: over a citizen's lifetime. So look, I think people could say, oh, 1073 00:50:11,320 --> 00:50:13,680 Speaker 8: well just cut it, just don't do it. On the 1074 00:50:13,719 --> 00:50:17,120 Speaker 8: other hand, you know what is our strategy to make 1075 00:50:17,200 --> 00:50:20,680 Speaker 8: this welfare state web inherited work because right now, I 1076 00:50:20,719 --> 00:50:23,520 Speaker 8: think people around the world are disillusioned with government because 1077 00:50:23,560 --> 00:50:26,040 Speaker 8: politicians for eighty years have been saying, look, you give 1078 00:50:26,120 --> 00:50:28,879 Speaker 8: us a third, maybe half of your money, we will 1079 00:50:28,880 --> 00:50:32,840 Speaker 8: make all the problems go away. Clearly that is not working, 1080 00:50:32,880 --> 00:50:35,960 Speaker 8: and people are casting around the world for politicians who 1081 00:50:36,000 --> 00:50:38,759 Speaker 8: make big promises but maybe don't have solutions either. So 1082 00:50:39,160 --> 00:50:42,160 Speaker 8: I think it's critical that we do this kind of 1083 00:50:42,239 --> 00:50:44,680 Speaker 8: long term thinking about, well, you know, if you can 1084 00:50:45,080 --> 00:50:47,160 Speaker 8: do something that's going to get kids to stay in 1085 00:50:47,200 --> 00:50:50,919 Speaker 8: school and make that more appealing, then maybe that means 1086 00:50:50,960 --> 00:50:52,960 Speaker 8: you don't have to spend so much imprisoning them later on. 1087 00:50:53,239 --> 00:50:56,640 Speaker 2: Right, fair enough is the Trump's comments yesterday, By the way, 1088 00:50:56,800 --> 00:50:58,840 Speaker 2: on the tariffs, the rest of the world I e. 1089 00:50:59,040 --> 00:51:01,080 Speaker 2: US is going to end up somewhere between fifteen and 1090 00:51:01,120 --> 00:51:04,279 Speaker 2: twenty percent, possibly twenty percent. Are there alarm bells in 1091 00:51:04,320 --> 00:51:07,040 Speaker 2: the bee hive? Did anyone in government talk about this yesterday? 1092 00:51:07,200 --> 00:51:09,080 Speaker 2: Is there a plan to deal with this? And we 1093 00:51:09,120 --> 00:51:11,440 Speaker 2: are now materially not better off or no worse off 1094 00:51:11,520 --> 00:51:14,320 Speaker 2: than the rest of the world. Is anybody awaken cognizant. 1095 00:51:13,800 --> 00:51:17,800 Speaker 8: To this, well, there's the old saying have the courage 1096 00:51:17,840 --> 00:51:19,480 Speaker 8: to know that, or the wisdom to know the difference 1097 00:51:19,480 --> 00:51:22,000 Speaker 8: between what you can change and what you can't. The 1098 00:51:22,040 --> 00:51:24,879 Speaker 8: American government is elected the sovereign. They'll make their own 1099 00:51:24,960 --> 00:51:27,360 Speaker 8: policies and we will deal with it. But if you 1100 00:51:27,400 --> 00:51:30,359 Speaker 8: look at how we're dealing with it, we're opening up 1101 00:51:30,880 --> 00:51:33,600 Speaker 8: all sorts of trade right across the world. We've got 1102 00:51:33,600 --> 00:51:36,279 Speaker 8: Todd McClay working over in India. We've now got an 1103 00:51:36,280 --> 00:51:39,040 Speaker 8: EU free trade agreement on board. If you look at 1104 00:51:39,040 --> 00:51:41,840 Speaker 8: the last year, we've had an increase of a billion 1105 00:51:41,880 --> 00:51:44,560 Speaker 8: dollars of trade going into the EU. There's also the UK. 1106 00:51:44,760 --> 00:51:48,279 Speaker 8: We've also got Arab Emirates and the Gulf States, so 1107 00:51:48,560 --> 00:51:51,520 Speaker 8: opening up new markets is a big part of the 1108 00:51:51,600 --> 00:51:55,160 Speaker 8: solution there. There's also the simple facts that no matter 1109 00:51:55,200 --> 00:51:59,560 Speaker 8: what the trading conditions are, the more innovative businesses you 1110 00:51:59,640 --> 00:52:02,359 Speaker 8: have with more valuable stuff to sell, the more it's 1111 00:52:02,360 --> 00:52:05,040 Speaker 8: a matter of people asking can they buy from us, 1112 00:52:05,160 --> 00:52:07,360 Speaker 8: rather than us asking can we sell to them? And 1113 00:52:07,400 --> 00:52:09,279 Speaker 8: when you travel up and down New Zealand visit some 1114 00:52:09,320 --> 00:52:11,920 Speaker 8: of the businesses out there that are making new and 1115 00:52:12,040 --> 00:52:14,840 Speaker 8: innovative stuff. That's our real future. 1116 00:52:15,320 --> 00:52:17,759 Speaker 2: Okay, So your answer basically as there's nothing we can 1117 00:52:17,800 --> 00:52:19,399 Speaker 2: do about It's just the Prime Minister said, we don't 1118 00:52:19,400 --> 00:52:21,560 Speaker 2: want to be materially worse off than anyone else. At 1119 00:52:21,560 --> 00:52:22,640 Speaker 2: twenty percent we will. 1120 00:52:22,480 --> 00:52:26,840 Speaker 8: Be Well, he's absolutely right, we don't want to be 1121 00:52:26,960 --> 00:52:30,240 Speaker 8: materially worse off than anyone else. But it's also true 1122 00:52:30,719 --> 00:52:33,319 Speaker 8: that you know, we're the government of New Zealand. He's 1123 00:52:33,360 --> 00:52:35,920 Speaker 8: our Prime minister. He's not in charge of US policy. 1124 00:52:36,360 --> 00:52:38,640 Speaker 8: And so, yep, do we want to have a good deal. 1125 00:52:38,719 --> 00:52:38,959 Speaker 11: Yep. 1126 00:52:39,320 --> 00:52:42,480 Speaker 8: Do our diplomatic teams work hard to make sure that 1127 00:52:42,480 --> 00:52:45,400 Speaker 8: the Americans understand where we are, but we're a good friend. 1128 00:52:45,520 --> 00:52:45,719 Speaker 13: Yep. 1129 00:52:46,000 --> 00:52:47,799 Speaker 8: We do all of that. But at the end of 1130 00:52:47,840 --> 00:52:51,440 Speaker 8: the day, it's about opening up alternative markets and generating 1131 00:52:51,440 --> 00:52:55,359 Speaker 8: a place where people can actually build successful businesses and 1132 00:52:55,440 --> 00:52:59,360 Speaker 8: be welcome for it. An important time to just acknowledge, 1133 00:52:59,480 --> 00:53:02,760 Speaker 8: Sir Michael hell I mean what an extraordinary guy starts 1134 00:53:02,760 --> 00:53:07,759 Speaker 8: his business in sporties and actually manages to succeed in 1135 00:53:07,800 --> 00:53:10,720 Speaker 8: Australia and Canada where so many New Zealand businesses have failed. 1136 00:53:11,160 --> 00:53:14,160 Speaker 8: The more that we can be building businesses with that spirit, 1137 00:53:14,680 --> 00:53:17,880 Speaker 8: the brighter our future as regardless of trade conditions. 1138 00:53:17,440 --> 00:53:19,760 Speaker 2: And a lovely bloke will appreciate your time. David Seymore 1139 00:53:19,840 --> 00:53:22,640 Speaker 2: the Associate Finance Minister, Deputy Prime Minister and one of 1140 00:53:22,640 --> 00:53:26,000 Speaker 2: the announcements the government has made actually works. I'll give 1141 00:53:26,000 --> 00:53:27,160 Speaker 2: you the numbers in a moment. 1142 00:53:27,239 --> 00:53:31,799 Speaker 1: Sixteen to two The Mike Asking Breakers Full Show podcast 1143 00:53:31,960 --> 00:53:34,680 Speaker 1: on iHeartRadio powered by News Talks. 1144 00:53:34,400 --> 00:53:34,680 Speaker 12: At b. 1145 00:53:36,160 --> 00:53:39,000 Speaker 2: Actually thirteen away from its speaking to Michael Hill. Last 1146 00:53:39,000 --> 00:53:40,840 Speaker 2: time he was on the show was when he was 1147 00:53:41,120 --> 00:53:44,160 Speaker 2: handing over the company to his daughter. Your happy man, 1148 00:53:44,239 --> 00:53:45,720 Speaker 2: still very happy. 1149 00:53:46,280 --> 00:53:47,600 Speaker 23: I'm building a game boat at the moment. 1150 00:53:47,640 --> 00:53:48,239 Speaker 12: It's quite funny. 1151 00:53:48,280 --> 00:53:50,279 Speaker 23: Ready to go with my boat, BBS one. I must 1152 00:53:50,320 --> 00:53:51,440 Speaker 23: take you fishing sometime. 1153 00:53:52,480 --> 00:53:54,480 Speaker 12: Yeah. We bought a mold on. 1154 00:53:54,480 --> 00:53:59,040 Speaker 23: Trade me of a forty two foot a beautiful hold 1155 00:53:59,040 --> 00:54:02,800 Speaker 23: boat and it's gonna have some big motives on it. 1156 00:54:02,440 --> 00:54:05,800 Speaker 23: It'll about forty eight not or something crazy, but with 1157 00:54:05,960 --> 00:54:08,399 Speaker 23: a game to look like a Miami boat. And I'm 1158 00:54:08,680 --> 00:54:10,720 Speaker 23: dying to do some fishing us in northern New Zealand 1159 00:54:10,719 --> 00:54:12,240 Speaker 23: this summer, late summer. 1160 00:54:12,280 --> 00:54:13,320 Speaker 11: It'll be launched. 1161 00:54:13,400 --> 00:54:16,040 Speaker 20: So there's always there's always something on the good. 1162 00:54:16,920 --> 00:54:19,000 Speaker 2: He's a go get a Michael Hill wen't we liking 1163 00:54:19,040 --> 00:54:21,200 Speaker 2: if you missed my story earlier, he was he was 1164 00:54:21,200 --> 00:54:22,880 Speaker 2: inviting me to play golf all the time, and he's 1165 00:54:22,920 --> 00:54:25,840 Speaker 2: inviting me on his boat all the time. Nitta Yahoo. 1166 00:54:26,080 --> 00:54:27,680 Speaker 2: We'll talk more about him in the moment. Jim Boltz 1167 00:54:27,680 --> 00:54:30,440 Speaker 2: a very good friend of his former Queenstown Miracles nitt Yah, 1168 00:54:30,440 --> 00:54:34,280 Speaker 2: who's responded to Starmer this morning. This reward to mass 1169 00:54:34,920 --> 00:54:37,919 Speaker 2: punishes its victims. A Jihada state on Israel's border today 1170 00:54:37,920 --> 00:54:41,160 Speaker 2: will threaten Britain tomorrow. Appeasement towards Jeharda's terrorists always fails. 1171 00:54:41,160 --> 00:54:43,839 Speaker 2: It will fail you to it will not happen now. 1172 00:54:43,880 --> 00:54:46,000 Speaker 2: The thing that the government announced that worked was Paul 1173 00:54:46,040 --> 00:54:49,000 Speaker 2: Goldsmith was on the program last week saying we're going 1174 00:54:49,040 --> 00:54:51,840 Speaker 2: to clamp some cars if you owe money to the courts, 1175 00:54:51,920 --> 00:54:54,640 Speaker 2: and sure enough, out over the weekend they did. We 1176 00:54:54,840 --> 00:54:56,880 Speaker 2: have four hundred and fifty six million in fines, one 1177 00:54:56,960 --> 00:55:00,880 Speaker 2: hundred and four million reparations outstanding, so well in excess 1178 00:55:00,880 --> 00:55:04,200 Speaker 2: of half a billion dollars ode. So over the weekend, 1179 00:55:04,320 --> 00:55:07,000 Speaker 2: forty eight hundred and fifty nine cars were scanned, two 1180 00:55:07,120 --> 00:55:09,800 Speaker 2: hundred and eight outstanding fines. It's a lot of people 1181 00:55:09,840 --> 00:55:12,240 Speaker 2: isn't it? Just out of the random selection of cars 1182 00:55:12,239 --> 00:55:14,759 Speaker 2: you pulled over, two hundred and eight of them had 1183 00:55:14,800 --> 00:55:19,200 Speaker 2: outstanding fines. A lot of people had plans. Thirty two 1184 00:55:19,239 --> 00:55:22,120 Speaker 2: of them didn't plans to pay. Thirty two of them didn't. 1185 00:55:23,239 --> 00:55:25,319 Speaker 2: Of the thirty two didn't that they pulled over, thirty 1186 00:55:25,360 --> 00:55:27,560 Speaker 2: one paid in full. Just like, that's amazing. What happens 1187 00:55:27,560 --> 00:55:29,960 Speaker 2: when you say, do you want to walk or would 1188 00:55:30,000 --> 00:55:31,000 Speaker 2: you like to drive your car home? 1189 00:55:31,120 --> 00:55:31,239 Speaker 19: Oh? 1190 00:55:31,360 --> 00:55:33,320 Speaker 2: You can pay? Could they pay wayfare? 1191 00:55:33,800 --> 00:55:34,120 Speaker 11: Was there a. 1192 00:55:34,120 --> 00:55:34,680 Speaker 2: Tap and go? 1193 00:55:34,760 --> 00:55:35,000 Speaker 6: Mate? 1194 00:55:35,040 --> 00:55:37,160 Speaker 2: That's how it goes. It's tap and go. Did they 1195 00:55:37,200 --> 00:55:38,520 Speaker 2: have to pay extra two and a half percent if 1196 00:55:38,520 --> 00:55:41,680 Speaker 2: they did that? One didn't and had their vehicle seized 1197 00:55:41,680 --> 00:55:45,080 Speaker 2: and towed. Eleven percent increase in fine payments paid online 1198 00:55:45,560 --> 00:55:47,920 Speaker 2: on Monday. So there you go. It works. 1199 00:55:48,040 --> 00:55:51,560 Speaker 1: Tend to wait the mat Hosking Breakfast with the land 1200 00:55:51,640 --> 00:55:53,640 Speaker 1: Rover Discovery News toksad B. 1201 00:55:53,920 --> 00:55:55,959 Speaker 2: You're seven away from eight. As we told you. Michael 1202 00:55:56,040 --> 00:55:58,560 Speaker 2: Hill died yesterday eighty six. From that first store in 1203 00:55:58,600 --> 00:56:01,680 Speaker 2: seventy nine to three hundred, today's changed retailing. Of course, 1204 00:56:01,680 --> 00:56:04,879 Speaker 2: he reshaped advertising. He also made Central Otago a more 1205 00:56:04,920 --> 00:56:07,920 Speaker 2: beautiful place, and Jim bold former Queenstown mayor, of course, 1206 00:56:07,960 --> 00:56:09,799 Speaker 2: and a close friend is with us. Jim morning to you. 1207 00:56:10,600 --> 00:56:11,279 Speaker 13: Good morning, Mike. 1208 00:56:11,440 --> 00:56:13,200 Speaker 2: I thought Rob five said it. Well, he's a force 1209 00:56:13,239 --> 00:56:14,440 Speaker 2: of nature. That's fair, isn't it. 1210 00:56:15,360 --> 00:56:18,839 Speaker 13: Yeah, that's very fair. He's a very unique person and 1211 00:56:19,000 --> 00:56:23,560 Speaker 13: did enormously well in business. But he was a philanthropist 1212 00:56:25,320 --> 00:56:28,719 Speaker 13: and a real vision who I mean, who else takes 1213 00:56:28,760 --> 00:56:30,840 Speaker 13: a piece of land and turns it into a world 1214 00:56:30,840 --> 00:56:33,040 Speaker 13: class golf course just. 1215 00:56:32,960 --> 00:56:35,279 Speaker 2: To do the timing for me when you arrived there 1216 00:56:35,280 --> 00:56:38,040 Speaker 2: and your job and him reforming the place, because when 1217 00:56:38,040 --> 00:56:39,640 Speaker 2: I originally met him, he was he had a little 1218 00:56:39,640 --> 00:56:41,680 Speaker 2: Part three thing at his house before, but the hills 1219 00:56:41,680 --> 00:56:44,040 Speaker 2: ever came along, So how did that work? Time wise? 1220 00:56:45,560 --> 00:56:49,960 Speaker 13: So look, he would have moved to Queenstown late eighties, 1221 00:56:50,480 --> 00:56:55,560 Speaker 13: perhaps early nineties, certainly thirty five years or more ago. 1222 00:56:56,800 --> 00:56:59,000 Speaker 13: I met him when he came to town and lived 1223 00:56:59,080 --> 00:57:04,000 Speaker 13: not far from me. He and Christine built a nice 1224 00:57:04,040 --> 00:57:07,200 Speaker 13: but moderate house on the piece of land they built. 1225 00:57:08,200 --> 00:57:11,520 Speaker 13: He then came up with the idea of creating a 1226 00:57:11,800 --> 00:57:14,440 Speaker 13: I think it was a couple of holes for golf 1227 00:57:14,480 --> 00:57:18,840 Speaker 13: around his house, and that suddenly morphed into the hills, 1228 00:57:18,880 --> 00:57:22,920 Speaker 13: which of course hosted the New Zealand Open and as 1229 00:57:23,720 --> 00:57:26,640 Speaker 13: rated as one of the best golf courses around full style. 1230 00:57:26,840 --> 00:57:29,280 Speaker 2: I think that's probably sort of sums them up, doesn't it, 1231 00:57:29,280 --> 00:57:31,200 Speaker 2: Because I mean, he didn't have to do that, and 1232 00:57:31,240 --> 00:57:33,000 Speaker 2: then having done it, he could have done it to 1233 00:57:33,040 --> 00:57:35,080 Speaker 2: a much lesser extent, and that was sort of him, 1234 00:57:35,160 --> 00:57:36,480 Speaker 2: wasn't it. It was he began to do it and do 1235 00:57:36,520 --> 00:57:36,960 Speaker 2: it properly. 1236 00:57:37,920 --> 00:57:42,040 Speaker 13: Oh, absolutely he was. You know. I think he's on 1237 00:57:42,120 --> 00:57:45,920 Speaker 13: record as saying, yeah, money is important, but he also 1238 00:57:46,160 --> 00:57:48,840 Speaker 13: liked doing things. He was one of those people who 1239 00:57:48,840 --> 00:57:52,520 Speaker 13: were never satisfied and they said, actually achieved something. You know. 1240 00:57:52,920 --> 00:57:57,720 Speaker 13: Take also the Michael Hill violin competition. Not too many 1241 00:57:57,720 --> 00:58:00,520 Speaker 13: people go and start something like that, which launched the 1242 00:58:00,560 --> 00:58:04,600 Speaker 13: careers of many talented musicians. 1243 00:58:04,840 --> 00:58:07,000 Speaker 2: Do you reckon he represents an age? Somebody texted me 1244 00:58:07,040 --> 00:58:08,840 Speaker 2: earlier and I thought it was interesting. Bob Jones has 1245 00:58:08,840 --> 00:58:11,480 Speaker 2: passed on and now Michael Hill colin gill trap last year. 1246 00:58:11,520 --> 00:58:14,280 Speaker 2: Does he represent an age in a time? Do you think? 1247 00:58:15,800 --> 00:58:20,680 Speaker 13: Well? Maybe that's right, Mike. Maybe the great age of 1248 00:58:20,680 --> 00:58:23,560 Speaker 13: the entrepreneurs, the people who went out and did things 1249 00:58:23,800 --> 00:58:26,880 Speaker 13: before we all maybe got a bit restricted by some 1250 00:58:26,960 --> 00:58:30,080 Speaker 13: of the rules that we live with today. But it 1251 00:58:30,240 --> 00:58:33,400 Speaker 13: takes quite quite a mind to do the sorts of 1252 00:58:33,480 --> 00:58:37,280 Speaker 13: thing those people that you've mentioned do, and you know, look, 1253 00:58:37,320 --> 00:58:39,960 Speaker 13: I hope more of them come along. But Michael was, 1254 00:58:40,280 --> 00:58:45,400 Speaker 13: as I said before, truly unique, talented, violent. 1255 00:58:46,480 --> 00:58:48,400 Speaker 2: Yes he was, Yeah, very much. So listen, I know 1256 00:58:48,440 --> 00:58:50,040 Speaker 2: you're on holiday, and I know you're in Asia, and 1257 00:58:50,080 --> 00:58:51,600 Speaker 2: I know it's at the very early hours of the morning, 1258 00:58:51,600 --> 00:58:53,440 Speaker 2: but I do appreciate you getting up early for us 1259 00:58:53,560 --> 00:58:57,240 Speaker 2: very much. Indeed, go well with it, nice and Jim 1260 00:58:57,520 --> 00:59:01,560 Speaker 2: former Queenstown. He also, of course, the Michael Hill success 1261 00:59:01,600 --> 00:59:04,000 Speaker 2: story was if He always explained that you set the 1262 00:59:04,040 --> 00:59:07,480 Speaker 2: stores up the same and you gravitate towards the center, 1263 00:59:07,520 --> 00:59:09,520 Speaker 2: and that's the way the countess are shaped and how 1264 00:59:09,560 --> 00:59:11,840 Speaker 2: they look, and so how you feel when you walk 1265 00:59:11,840 --> 00:59:14,320 Speaker 2: into the store. All that sort of thing was his thinking. 1266 00:59:14,320 --> 00:59:15,960 Speaker 2: And that's before you get to the advertising, of course, 1267 00:59:15,960 --> 00:59:19,880 Speaker 2: which she he was particularly famous for. Great bloke Michael Hill. 1268 00:59:20,760 --> 00:59:23,840 Speaker 2: As an opposition police minister, Mike, why isn't the Ginny 1269 00:59:23,920 --> 00:59:26,600 Speaker 2: Anderson questions in the house, he usually aimed at other ministers, 1270 00:59:26,680 --> 00:59:29,760 Speaker 2: Terry not an unfair question. She is a police spokesperson, 1271 00:59:30,040 --> 00:59:32,400 Speaker 2: but she's also job of an income spokesperson, and she's 1272 00:59:32,440 --> 00:59:36,880 Speaker 2: also treating negotiations spokesperson, so she has other responsibilities. Yesterday 1273 00:59:36,920 --> 00:59:40,080 Speaker 2: she was going at Bishop, which was interesting because the 1274 00:59:40,120 --> 00:59:43,120 Speaker 2: week before she was going at Bishop and it didn't 1275 00:59:43,160 --> 00:59:45,240 Speaker 2: go so well last week, But yesterday I thought it 1276 00:59:45,280 --> 00:59:49,600 Speaker 2: went a lot better. And my ego said, I wonder 1277 00:59:49,640 --> 00:59:51,640 Speaker 2: if my advice on the program had got through to 1278 00:59:51,680 --> 00:59:53,800 Speaker 2: her and she changed her question line. I might put 1279 00:59:53,800 --> 00:59:55,400 Speaker 2: that to her in a couple of moments when she 1280 00:59:55,480 --> 00:59:58,960 Speaker 2: joins Mark for Politics Wednesday. Hereck needs to talk sever. 1281 01:00:00,960 --> 01:00:04,960 Speaker 1: Setting the agenda and talking the big issues, the Mike HARKing, 1282 01:00:05,000 --> 01:00:09,760 Speaker 1: Breakfast with al Vida, Retirement, Communities, Life Your Way, News, Togs, 1283 01:00:09,760 --> 01:00:11,640 Speaker 1: Dead b He stuck. 1284 01:00:11,400 --> 01:00:16,120 Speaker 5: On the Mountain, nor Buddy Around does the valley below 1285 01:00:17,360 --> 01:00:18,280 Speaker 5: you can't get down? 1286 01:00:18,440 --> 01:00:21,320 Speaker 2: All right? We got the Wood Brothers, which is ermis 1287 01:00:21,360 --> 01:00:23,840 Speaker 2: nymer because they're not all brothers. There are three of them. 1288 01:00:23,840 --> 01:00:25,040 Speaker 2: If there were two of them, I thought there were 1289 01:00:25,040 --> 01:00:26,640 Speaker 2: two of them, but they're not. There are three of 1290 01:00:26,680 --> 01:00:28,920 Speaker 2: them and one of them is not a brother. This 1291 01:00:29,040 --> 01:00:32,160 Speaker 2: is trademark Carefree, Fun, Love and Attitude. On the ninth album, 1292 01:00:32,200 --> 01:00:38,440 Speaker 2: which is called of smoke. So you've got Oliver. Oliver 1293 01:00:38,480 --> 01:00:42,680 Speaker 2: plays the guitar and does most of the singing. Then 1294 01:00:42,720 --> 01:00:48,320 Speaker 2: you got Chris who plays bass and occasionally harmonica. But 1295 01:00:48,360 --> 01:00:53,000 Speaker 2: then you got Janno Janno Janno Rix. Now he plays 1296 01:00:53,040 --> 01:00:59,320 Speaker 2: the drums and keyboard simultaneously. And now there's it's a 1297 01:00:59,320 --> 01:01:02,840 Speaker 2: party trick. They got eleven tracks and then total comes 1298 01:01:02,840 --> 01:01:05,760 Speaker 2: to forty one minutes and forty five seconds of the 1299 01:01:05,880 --> 01:01:12,920 Speaker 2: Wood Brothers. It was a minutes past example politics Wednesday, 1300 01:01:13,040 --> 01:01:15,760 Speaker 2: Mark Mitchell, Ginny Anderson. But this morning to both of you. 1301 01:01:16,680 --> 01:01:19,720 Speaker 16: Good morning, Mike, morning Mike, Good morning Mark. 1302 01:01:20,000 --> 01:01:21,800 Speaker 2: Now Paul Basha and Mark. 1303 01:01:23,640 --> 01:01:24,920 Speaker 6: Yes, I did have a tear by. 1304 01:01:25,240 --> 01:01:28,800 Speaker 2: I mean, for goodness sake, the guy that you know, 1305 01:01:28,920 --> 01:01:32,320 Speaker 2: cops are famous for being basically in articulate, and this 1306 01:01:32,360 --> 01:01:34,800 Speaker 2: guy comes on. I thought he was going to break 1307 01:01:34,800 --> 01:01:37,440 Speaker 2: into a karaoke song or something. Where'd you get him from? 1308 01:01:38,880 --> 01:01:41,600 Speaker 7: Well, he's he's the guy that headed up the gang 1309 01:01:41,680 --> 01:01:44,440 Speaker 7: legislation to make sure that it was implemented properly, that the 1310 01:01:44,480 --> 01:01:46,840 Speaker 7: police were aware of what they could and couldn't do, 1311 01:01:47,080 --> 01:01:49,520 Speaker 7: and it was a smooth scene was sort of rollout. 1312 01:01:49,600 --> 01:01:52,040 Speaker 7: So he's very aware of the outstanding work that our 1313 01:01:52,080 --> 01:01:55,720 Speaker 7: police officers are doing in the gang space and hammering 1314 01:01:55,720 --> 01:01:57,920 Speaker 7: the gangs, and so it was easy for him to 1315 01:01:57,960 --> 01:01:59,760 Speaker 7: sort of obviously come on on your show and talk 1316 01:01:59,800 --> 01:02:00,360 Speaker 7: about Yeah. 1317 01:02:00,360 --> 01:02:02,640 Speaker 2: But it's one thing to think something, but it's another 1318 01:02:02,640 --> 01:02:04,880 Speaker 2: thing to articulate it. And I've just never heard a 1319 01:02:04,920 --> 01:02:07,840 Speaker 2: cop that's that eloquence. So congratulations on wherever you found 1320 01:02:07,880 --> 01:02:09,440 Speaker 2: him or did you find him, Ginny, is he one 1321 01:02:09,520 --> 01:02:11,280 Speaker 2: of your selections? 1322 01:02:11,560 --> 01:02:13,000 Speaker 16: I think he was Mark from I think he was 1323 01:02:13,000 --> 01:02:14,720 Speaker 16: district commander and down South is that right? 1324 01:02:15,480 --> 01:02:16,520 Speaker 6: Yeah, he was, he was down there. 1325 01:02:16,600 --> 01:02:18,240 Speaker 16: Yeah, I met him when he was down South. Yes, 1326 01:02:18,280 --> 01:02:20,480 Speaker 16: So he was just a commander of Southland and did 1327 01:02:20,520 --> 01:02:23,600 Speaker 16: really good work on the resilience to organize crime. So 1328 01:02:23,640 --> 01:02:25,160 Speaker 16: I went down there when I was minister and they 1329 01:02:25,200 --> 01:02:28,120 Speaker 16: gave us a good look around that project. And yeah, 1330 01:02:28,280 --> 01:02:29,400 Speaker 16: he's a he's a good guy. 1331 01:02:29,560 --> 01:02:33,320 Speaker 2: Good now, Jenny, very very tempted to sing the praises 1332 01:02:33,880 --> 01:02:36,280 Speaker 2: the work that they were outstanding police officers doing, Mike, 1333 01:02:36,360 --> 01:02:38,960 Speaker 2: but I know that I'll run run the time down 1334 01:02:39,280 --> 01:02:42,760 Speaker 2: he did it for you, Jenny. You your question line 1335 01:02:42,840 --> 01:02:45,360 Speaker 2: yesterday to Chris Bushop, did you feel better about that? 1336 01:02:46,200 --> 01:02:48,200 Speaker 16: I took your advice hopefully. Did you think it worked 1337 01:02:48,200 --> 01:02:48,720 Speaker 16: a bit better? 1338 01:02:49,080 --> 01:02:51,600 Speaker 2: No, there's no there's no If you did, thank you, 1339 01:02:52,000 --> 01:02:55,920 Speaker 2: But there's no question it worked better yesterday you worked 1340 01:02:55,960 --> 01:02:58,919 Speaker 2: him harder. He was working hard and he was working 1341 01:02:58,920 --> 01:03:00,920 Speaker 2: harder than he was the week before. That's fair, isn't it. 1342 01:03:01,600 --> 01:03:03,560 Speaker 16: Yeah? I think so. I think it did go better. 1343 01:03:03,680 --> 01:03:07,160 Speaker 2: Yeah, who comes up with the Labor Party this question line? 1344 01:03:07,560 --> 01:03:10,880 Speaker 2: Does the Prime Minister agree with Brian Smith who says 1345 01:03:10,920 --> 01:03:14,520 Speaker 2: the country sucks? If not, why not? Who comes up 1346 01:03:14,520 --> 01:03:14,760 Speaker 2: with that? 1347 01:03:16,280 --> 01:03:18,800 Speaker 16: Or just are a range of people comes up with 1348 01:03:18,840 --> 01:03:21,200 Speaker 16: different ways of putting things. And I think the trick 1349 01:03:21,320 --> 01:03:23,400 Speaker 16: is as that's really hard to get a minister to 1350 01:03:23,440 --> 01:03:25,880 Speaker 16: give a straight answer. So when you sort of get 1351 01:03:26,200 --> 01:03:28,840 Speaker 16: frustrated with that, you just put them other people's used 1352 01:03:28,960 --> 01:03:32,280 Speaker 16: ministers to see their reaction to you know, average keywis 1353 01:03:32,360 --> 01:03:34,320 Speaker 16: are not happy with something, so you put that to them. 1354 01:03:34,400 --> 01:03:36,560 Speaker 2: No, see what you did yesterday was short and it 1355 01:03:36,640 --> 01:03:40,520 Speaker 2: was sharp and pinned them And so that I thought 1356 01:03:40,520 --> 01:03:43,439 Speaker 2: worked well for you. Not that you know, Chris will 1357 01:03:43,480 --> 01:03:48,640 Speaker 2: think you know my advice both of you. 1358 01:03:48,840 --> 01:03:51,240 Speaker 7: Yeah, so yeah, think you might think you have to 1359 01:03:51,240 --> 01:03:53,440 Speaker 7: come back, you have to use you as my consultant 1360 01:03:53,440 --> 01:03:54,160 Speaker 7: now as well. 1361 01:03:55,280 --> 01:03:57,560 Speaker 2: But have you as a man of the world. Mark 1362 01:03:58,200 --> 01:04:00,560 Speaker 2: running to Brook lately, who seems to have never been 1363 01:04:00,600 --> 01:04:06,720 Speaker 2: to a farm in her life and AND's scared of eggs? 1364 01:04:06,480 --> 01:04:07,520 Speaker 2: What's going on? 1365 01:04:07,600 --> 01:04:07,800 Speaker 13: There? 1366 01:04:09,880 --> 01:04:12,520 Speaker 7: Was someone that has always said that, you know, one 1367 01:04:12,520 --> 01:04:14,200 Speaker 7: of the jobs that I enjoyed most was I went 1368 01:04:14,240 --> 01:04:17,000 Speaker 7: farming where I left school as a shepherd, and I 1369 01:04:17,120 --> 01:04:21,040 Speaker 7: just always found that our farmers, rural people are so practical. 1370 01:04:22,160 --> 01:04:24,440 Speaker 7: They're still packed full of that Qwi cobbin sense a 1371 01:04:24,520 --> 01:04:25,760 Speaker 7: numberak wi mentality. 1372 01:04:30,840 --> 01:04:34,920 Speaker 2: Brook Brook looked. Brooklock looked awfully urban yesterday when she 1373 01:04:35,000 --> 01:04:37,840 Speaker 2: was busy and having no idea about egg collecting and 1374 01:04:37,880 --> 01:04:39,800 Speaker 2: stuff like that, is are you guy? Do you talk 1375 01:04:39,840 --> 01:04:41,960 Speaker 2: about that in cabinet? Like I know you can't talk 1376 01:04:42,000 --> 01:04:44,520 Speaker 2: about what covers in cabinet, But apart from that, is 1377 01:04:44,560 --> 01:04:46,760 Speaker 2: that the sort of idea that comes up in cabinet? 1378 01:04:46,760 --> 01:04:48,600 Speaker 2: And Brook goes, I tell you, what, have you seen 1379 01:04:48,680 --> 01:04:50,240 Speaker 2: the egg situation? I'm going to do something. 1380 01:04:50,680 --> 01:04:53,040 Speaker 6: No picking up, didn't can't keep it. 1381 01:04:53,080 --> 01:04:54,680 Speaker 7: But look, I just want to say that, Look I'm 1382 01:04:54,680 --> 01:04:57,080 Speaker 7: not that's her portfolio, that's who I just wanted to 1383 01:04:57,120 --> 01:04:59,480 Speaker 7: say that she is doing some outstanding work, and she 1384 01:04:59,560 --> 01:05:04,000 Speaker 7: is doing she's tackling difficult issues that the previous government 1385 01:05:04,520 --> 01:05:07,240 Speaker 7: we're afraid of. So she's actually did some really good work. 1386 01:05:07,280 --> 01:05:09,360 Speaker 2: To be fair, Jinny, you never tackled eggs, did you. 1387 01:05:10,200 --> 01:05:13,280 Speaker 16: I didn't tackle an egg. I'd be worried. She's got 1388 01:05:13,480 --> 01:05:15,400 Speaker 16: that lovely pink coat on. I'd be afraid that she's 1389 01:05:15,400 --> 01:05:16,400 Speaker 16: worried in that predict. 1390 01:05:16,520 --> 01:05:16,800 Speaker 2: I can't. 1391 01:05:16,840 --> 01:05:19,240 Speaker 16: I don't. I can't visualize book on a farm, Okay? 1392 01:05:19,880 --> 01:05:20,120 Speaker 18: Can? 1393 01:05:20,200 --> 01:05:22,240 Speaker 2: I gave the numbers out Ginny earlier on about the 1394 01:05:22,280 --> 01:05:25,720 Speaker 2: clamping over the weekend and the court find stuff. It works. 1395 01:05:26,000 --> 01:05:28,000 Speaker 2: So when you see something like that at work. They 1396 01:05:28,040 --> 01:05:30,680 Speaker 2: pulled up a bunch of people. Most of them paid 1397 01:05:30,680 --> 01:05:32,680 Speaker 2: on the spot. One didn't. They got their front the 1398 01:05:32,800 --> 01:05:35,840 Speaker 2: car clamped, and the rest have got payment plans. You 1399 01:05:35,920 --> 01:05:37,760 Speaker 2: keep that, don't you. That's a good idea. 1400 01:05:38,760 --> 01:05:41,280 Speaker 16: It seems like it's working well as long as it's 1401 01:05:41,320 --> 01:05:43,920 Speaker 16: not taking away from frontline jods. That's my only concern. 1402 01:05:44,160 --> 01:05:48,000 Speaker 16: If they can do it without costing police extra resource 1403 01:05:48,080 --> 01:05:51,240 Speaker 16: to enforce, then and if it's getting fined back, then 1404 01:05:51,280 --> 01:05:52,440 Speaker 16: it seems to be working well. 1405 01:05:52,560 --> 01:05:54,560 Speaker 2: Okay, what a bit playwave surcharges. 1406 01:05:54,600 --> 01:05:55,560 Speaker 6: Are you going to support that. 1407 01:05:56,560 --> 01:05:58,600 Speaker 16: Well, it depends on benefits from that. It's a good 1408 01:05:58,600 --> 01:06:01,800 Speaker 16: idea in general, but it's a bit of a concern. 1409 01:06:01,840 --> 01:06:04,160 Speaker 16: A lot of small business is my way, are worried 1410 01:06:04,160 --> 01:06:06,320 Speaker 16: that it will just end up costing them more and 1411 01:06:06,360 --> 01:06:09,240 Speaker 16: then they'll pass it on to consumers. A good idea 1412 01:06:09,240 --> 01:06:09,720 Speaker 16: in general. 1413 01:06:09,960 --> 01:06:12,040 Speaker 2: Why didn't you claim down on the banks? Mark? 1414 01:06:13,040 --> 01:06:14,200 Speaker 16: Yeah, the banks? 1415 01:06:14,720 --> 01:06:16,560 Speaker 7: Well, this I mean, at the end of the day, 1416 01:06:16,640 --> 01:06:19,960 Speaker 7: this is this is clemping down the banks in terms 1417 01:06:19,960 --> 01:06:22,920 Speaker 7: of sitting well, Visa and master Card they both regulated. 1418 01:06:23,600 --> 01:06:27,320 Speaker 7: That's where we're starting, and I think it's extremely positive. 1419 01:06:27,640 --> 01:06:31,320 Speaker 7: It's going to provide complete transparency for consumers that the checkout. 1420 01:06:32,320 --> 01:06:35,240 Speaker 2: So yeah, so I got to say labored to I 1421 01:06:35,320 --> 01:06:37,400 Speaker 2: got to say you you would know this mark from 1422 01:06:37,440 --> 01:06:39,920 Speaker 2: the Rodney district. Do you go to the country, Most 1423 01:06:39,960 --> 01:06:44,840 Speaker 2: places don't have payway, never have Yes, you mean in 1424 01:06:44,920 --> 01:06:47,000 Speaker 2: rural yeah, and rural areas they just you've got to 1425 01:06:47,000 --> 01:06:48,080 Speaker 2: stick out on the machine. 1426 01:06:48,600 --> 01:06:51,960 Speaker 7: Well it's some do, but yes, it's not urban definitely, 1427 01:06:52,000 --> 01:06:52,600 Speaker 7: without a doubt. 1428 01:06:52,600 --> 01:06:55,360 Speaker 6: You've you've far more likely to have access to playway. 1429 01:06:55,240 --> 01:06:56,919 Speaker 2: Exactly, all right, Brie break more in a Moment, Jinny 1430 01:06:56,960 --> 01:06:58,680 Speaker 2: and Mark, thirteen past the. 1431 01:06:58,880 --> 01:07:03,920 Speaker 1: Mike Husking Breakfast Full Show podcast on iHeartRadio powered by News. 1432 01:07:03,680 --> 01:07:07,520 Speaker 2: Talks B new Talks sixteen past Day Mark Mitchell, Ginny 1433 01:07:07,560 --> 01:07:11,040 Speaker 2: Anderson Mark the voting changes, of which there appears to 1434 01:07:11,040 --> 01:07:13,920 Speaker 2: be an element of angst about disenfranchising people and all 1435 01:07:13,960 --> 01:07:16,240 Speaker 2: that sort of stuff. I'm not as interested in that 1436 01:07:16,320 --> 01:07:19,360 Speaker 2: as I am in our inability to actually provide the service. 1437 01:07:19,360 --> 01:07:21,000 Speaker 2: So in other words, why can't we turn up on 1438 01:07:21,040 --> 01:07:24,280 Speaker 2: the day and register because they can't cope? Why can't 1439 01:07:24,320 --> 01:07:25,880 Speaker 2: we cope? What's the matter with us? 1440 01:07:27,280 --> 01:07:29,440 Speaker 7: Well, I mean that's that is an operational question for 1441 01:07:29,480 --> 01:07:32,440 Speaker 7: the Electric Commission. But fundamentally, I think that the approach 1442 01:07:32,480 --> 01:07:34,920 Speaker 7: that we've taken is quite simply that if you are 1443 01:07:34,960 --> 01:07:37,880 Speaker 7: serious about voting, if you take your vote seriously, then 1444 01:07:38,360 --> 01:07:40,120 Speaker 7: it's all It requires a little bit of effort to 1445 01:07:40,120 --> 01:07:42,920 Speaker 7: get yourself organized and get yourself out there registered before 1446 01:07:43,120 --> 01:07:46,680 Speaker 7: voting day, because on rit day it's if you have 1447 01:07:46,720 --> 01:07:50,080 Speaker 7: a whole surge of people coming in. To think about it, 1448 01:07:50,120 --> 01:07:53,120 Speaker 7: in any business, they're going to be overwhelmed. So unless 1449 01:07:53,120 --> 01:07:54,600 Speaker 7: we have a huge cost and trying to meet that, 1450 01:07:55,080 --> 01:07:58,440 Speaker 7: then it's then delays the results on the election, and 1451 01:07:58,720 --> 01:08:01,320 Speaker 7: we've got Keiwi sitting around for a gunment to before. 1452 01:08:01,120 --> 01:08:03,960 Speaker 2: I follow the logic, Genny. I mean, I know you're something, 1453 01:08:04,040 --> 01:08:06,200 Speaker 2: you're making some noise about it and stuff, but I mean, honestly, 1454 01:08:06,360 --> 01:08:08,720 Speaker 2: you've got three years. You know, you've got three years. 1455 01:08:09,320 --> 01:08:11,080 Speaker 2: I mean, if you can't get yourself organized, do you, 1456 01:08:11,200 --> 01:08:13,040 Speaker 2: I mean, you probably don't deserve to vote, don't you mean? 1457 01:08:13,080 --> 01:08:13,760 Speaker 2: How hard is it? 1458 01:08:14,960 --> 01:08:18,080 Speaker 16: Well, it's not just the enrolling and voting on the days, 1459 01:08:18,280 --> 01:08:20,639 Speaker 16: it's the whole period of early voting. So they sort 1460 01:08:20,640 --> 01:08:23,080 Speaker 16: of went an extra step further. So if someone turns 1461 01:08:23,600 --> 01:08:27,320 Speaker 16: eighteen in that period, if they've shifted house anywhere around 1462 01:08:27,360 --> 01:08:31,200 Speaker 16: that time, it's largely going to mean they won't vote. 1463 01:08:31,640 --> 01:08:33,960 Speaker 16: So you know, we reckon. It's about one hundred thousand 1464 01:08:34,720 --> 01:08:37,600 Speaker 16: just on election day last time, but there'll be a 1465 01:08:37,680 --> 01:08:40,920 Speaker 16: huge greater number over that two week period where for 1466 01:08:41,640 --> 01:08:46,400 Speaker 16: age or for moving or range of other reasons they're 1467 01:08:46,400 --> 01:08:49,120 Speaker 16: not on. They're not. So what I think happens is 1468 01:08:49,160 --> 01:08:51,240 Speaker 16: that if you've moved house in the last few days 1469 01:08:51,240 --> 01:08:53,320 Speaker 16: and you turn up and hus south to vote, but 1470 01:08:53,360 --> 01:08:57,559 Speaker 16: you're actually registered out in Cuppody or mana you'll be 1471 01:08:57,560 --> 01:09:00,360 Speaker 16: able to get your party vote. You can that, but 1472 01:09:00,439 --> 01:09:02,800 Speaker 16: you won't be able to drink for local. 1473 01:09:03,439 --> 01:09:07,559 Speaker 7: It's something as simple as called personal responsibility, and the 1474 01:09:07,600 --> 01:09:11,360 Speaker 7: state cannot organized if all of your personal affairs. So 1475 01:09:11,439 --> 01:09:13,759 Speaker 7: get organized. If you value the vote, and we should 1476 01:09:13,840 --> 01:09:17,600 Speaker 7: value the vote because this country has has bled a 1477 01:09:17,640 --> 01:09:21,439 Speaker 7: lot of blood to have that vote, then get yourself organized, 1478 01:09:21,479 --> 01:09:24,880 Speaker 7: get yourself registered, make the system run smoother and faster, 1479 01:09:25,360 --> 01:09:27,960 Speaker 7: allow the results to be delivered for kiwis earlier. 1480 01:09:28,000 --> 01:09:29,120 Speaker 2: Would you find agree with that? 1481 01:09:29,200 --> 01:09:31,240 Speaker 16: I agree with that. I agree with that, but that 1482 01:09:31,600 --> 01:09:34,120 Speaker 16: when you're relying on New Zealand post and the postal 1483 01:09:34,160 --> 01:09:39,040 Speaker 16: system to the other thing that which is absolutely you know, antiquated, 1484 01:09:39,160 --> 01:09:42,040 Speaker 16: it doesn't work properly. There are real issues with people 1485 01:09:42,080 --> 01:09:44,240 Speaker 16: getting their papers on time and getting them to the 1486 01:09:44,360 --> 01:09:46,479 Speaker 16: right house. I mean, I think that there's a certain 1487 01:09:46,520 --> 01:09:49,839 Speaker 16: obligation for the government to make it easy as possible 1488 01:09:49,920 --> 01:09:52,760 Speaker 16: for people to participate in democracy and to be able, 1489 01:09:54,560 --> 01:09:56,599 Speaker 16: but it does I'd like to punish please, but it 1490 01:09:56,640 --> 01:09:59,959 Speaker 16: does seem like this government is making it harder for people. 1491 01:09:59,720 --> 01:10:02,800 Speaker 2: To v But the reason we're a bit hopeing, and 1492 01:10:02,840 --> 01:10:05,559 Speaker 2: that's sadly the truth and I think. 1493 01:10:05,439 --> 01:10:09,160 Speaker 7: Gilly's statement there about it's the government's job to make life. 1494 01:10:08,880 --> 01:10:12,360 Speaker 16: For everyone is enable people to vote. 1495 01:10:12,680 --> 01:10:14,680 Speaker 7: No, that's that's what you said. And I think that 1496 01:10:14,760 --> 01:10:17,600 Speaker 7: my view on this, it's my own personal view, is 1497 01:10:17,640 --> 01:10:21,080 Speaker 7: that when you start turning over responsibility to the government 1498 01:10:21,120 --> 01:10:26,719 Speaker 7: for everything in your life society, don't put word. 1499 01:10:26,920 --> 01:10:29,240 Speaker 6: That and you're on a race to mediocrity. 1500 01:10:29,360 --> 01:10:31,400 Speaker 7: So you know, I don't agree with that at all, 1501 01:10:31,439 --> 01:10:33,960 Speaker 7: and I think that, well, that puzzles me why there's 1502 01:10:33,960 --> 01:10:36,519 Speaker 7: such a debate around this. If you want to use 1503 01:10:36,560 --> 01:10:38,960 Speaker 7: your right to vote, which is a powerful thing, everyone 1504 01:10:38,960 --> 01:10:41,080 Speaker 7: should be engaged in that, do a little bit off it. 1505 01:10:41,200 --> 01:10:42,599 Speaker 6: Organize your life. You're organized. 1506 01:10:42,600 --> 01:10:46,439 Speaker 16: And when Judith Colin sounds you alarm, you know something wrong? 1507 01:10:46,600 --> 01:10:48,960 Speaker 2: Well yeah, but now hold on Jenny to be fair, 1508 01:10:48,960 --> 01:10:51,160 Speaker 2: and we had her on on this. She did it 1509 01:10:51,200 --> 01:10:54,040 Speaker 2: because of the she was being a lawyer about it 1510 01:10:54,240 --> 01:10:56,720 Speaker 2: was because of the precedent that's been said. She was 1511 01:10:56,840 --> 01:10:59,759 Speaker 2: giving giving a legal opinion on the law as opposed 1512 01:10:59,800 --> 01:11:02,880 Speaker 2: to be in National Party MP. Would you flip it though? 1513 01:11:02,920 --> 01:11:03,720 Speaker 2: Would you flip it? 1514 01:11:04,840 --> 01:11:06,840 Speaker 16: I'm not going to make decisions like that, but in 1515 01:11:06,880 --> 01:11:11,320 Speaker 16: the past we have always made it trying to facilitate 1516 01:11:11,439 --> 01:11:15,800 Speaker 16: increased participation in democracy. We always support that and we've 1517 01:11:15,800 --> 01:11:18,479 Speaker 16: stood strong. So yes, we made the last time voting 1518 01:11:18,520 --> 01:11:21,200 Speaker 16: not only in the early voting phase but also on 1519 01:11:21,280 --> 01:11:24,719 Speaker 16: election day to make sure everyone who wants to can vote, 1520 01:11:25,000 --> 01:11:26,879 Speaker 16: not setting up obstacles to prove. 1521 01:11:26,720 --> 01:11:29,840 Speaker 7: It, which to me is exactly what I'm talking about, Mike, 1522 01:11:29,880 --> 01:11:32,639 Speaker 7: because what keeps happening in the government, keeps making concession 1523 01:11:32,720 --> 01:11:35,240 Speaker 7: up to concession, what ends up happening. Ginny Ensen takes 1524 01:11:35,280 --> 01:11:37,400 Speaker 7: the ballot papers around the people's houses, goes and there's 1525 01:11:37,400 --> 01:11:39,000 Speaker 7: a couple of tea with them and get them to vote. 1526 01:11:39,160 --> 01:11:40,960 Speaker 6: I mean, that's where you're going. 1527 01:11:41,160 --> 01:11:43,320 Speaker 7: Let's put a line on the sad and say, if 1528 01:11:43,360 --> 01:11:45,519 Speaker 7: you genuinely care about your country and you want to 1529 01:11:45,600 --> 01:11:48,320 Speaker 7: use your vote because governance is important, put a little 1530 01:11:48,320 --> 01:11:49,160 Speaker 7: bit of effort into it. 1531 01:11:49,200 --> 01:11:52,320 Speaker 2: Get yourself self enrolled. Yeah, it's nice to see you both, 1532 01:11:52,360 --> 01:11:54,919 Speaker 2: Mark Mitchell, Ginny Anderson. Back next Wednesday, eight twenty. 1533 01:11:54,760 --> 01:11:59,120 Speaker 1: Two, The make Casking Breakfast with Bailey's Real Estate News 1534 01:11:59,160 --> 01:11:59,800 Speaker 1: Dogs there be. 1535 01:12:00,280 --> 01:12:02,360 Speaker 2: Can you believe it's thirty five years? For thirty five years? 1536 01:12:02,400 --> 01:12:05,160 Speaker 2: The land Drover Discovery perfect companion for the families who 1537 01:12:05,160 --> 01:12:08,720 Speaker 2: refuse to choose between comfort and adventure. Most versatile seven seater. 1538 01:12:08,840 --> 01:12:12,080 Speaker 2: Of course, the luxury sub market's got fun loving active 1539 01:12:12,120 --> 01:12:14,960 Speaker 2: families absolutely lap it up. You handle the score, run, 1540 01:12:15,040 --> 01:12:16,760 Speaker 2: you do the ski trips, got you covered for all 1541 01:12:16,760 --> 01:12:20,120 Speaker 2: of it, effortlessly accommodates the big families, also the significant 1542 01:12:20,160 --> 01:12:24,000 Speaker 2: cargo without compromising on space or capability. Stadium seating. If 1543 01:12:24,040 --> 01:12:26,200 Speaker 2: you don't know about it, that's a game changer because 1544 01:12:26,200 --> 01:12:29,040 Speaker 2: every passenger, regardless of where you're seated in the vehicle, 1545 01:12:29,040 --> 01:12:30,880 Speaker 2: gets an excellent view of the road ahead and the 1546 01:12:30,920 --> 01:12:35,040 Speaker 2: surrounding landscape. The design makes basically every journey super enjoyable 1547 01:12:35,080 --> 01:12:38,200 Speaker 2: for everyone. It's got the legendary Landrover off road capability 1548 01:12:38,280 --> 01:12:41,120 Speaker 2: as you would expect, so whether you're loading the kayak, 1549 01:12:41,160 --> 01:12:44,000 Speaker 2: the bike, the boots, the family dog, or all of that, 1550 01:12:44,560 --> 01:12:46,439 Speaker 2: it's built for real life. Starts from one forty eight 1551 01:12:46,520 --> 01:12:49,320 Speaker 2: nine hundred. That's the Landrover Discovery D two fifty dynamic 1552 01:12:49,439 --> 01:12:53,320 Speaker 2: sc the ultimate family adventure vehicle and with the Landrover Discovery, 1553 01:12:53,320 --> 01:12:57,680 Speaker 2: the fabulous disco never stop discovering. Visit your local Landrover 1554 01:12:57,800 --> 01:13:01,320 Speaker 2: dealer for your Disco today. I agree more with Mark 1555 01:13:01,400 --> 01:13:03,840 Speaker 2: reinrolling to vote, Mike, how much thought has someone put 1556 01:13:03,840 --> 01:13:05,960 Speaker 2: into their voter They can't be organized enough to register 1557 01:13:06,000 --> 01:13:08,040 Speaker 2: two weeks before the election, Mike, can you ask why 1558 01:13:08,080 --> 01:13:10,960 Speaker 2: we don't have ID to vote? So much fraud? I 1559 01:13:11,000 --> 01:13:13,040 Speaker 2: don't know if it's fraud necessarily, but it's a very 1560 01:13:13,280 --> 01:13:20,840 Speaker 2: old fashioned gerrymanded highlight a pen cardboard set up just 1561 01:13:21,040 --> 01:13:23,760 Speaker 2: so weird. Mike, would labor on the Greens be as 1562 01:13:23,840 --> 01:13:26,000 Speaker 2: lenient with people being late to pay taxes as they 1563 01:13:26,000 --> 01:13:27,679 Speaker 2: are with them and rolling to vote, well, yes they would. 1564 01:13:27,680 --> 01:13:30,320 Speaker 2: Have you seen the COVID money that still owed and 1565 01:13:30,360 --> 01:13:32,760 Speaker 2: they've only just started chasing down, Mike, if you are 1566 01:13:32,800 --> 01:13:35,519 Speaker 2: registered to vote, surely, even if you move, it must 1567 01:13:35,560 --> 01:13:37,560 Speaker 2: be more simple to vote rather than turning up on 1568 01:13:37,560 --> 01:13:40,479 Speaker 2: the day to register. I don't know. I register, you 1569 01:13:40,520 --> 01:13:44,240 Speaker 2: know sometime in the one thousandsh days you've got between elections, 1570 01:13:44,600 --> 01:13:46,200 Speaker 2: and it's never been an issue in is it? Ex 1571 01:13:46,240 --> 01:13:48,960 Speaker 2: futures by the way, yesterday, very bullish news on farming. 1572 01:13:49,720 --> 01:13:53,280 Speaker 2: They're still pricing they think it about it's early, too 1573 01:13:53,320 --> 01:13:55,519 Speaker 2: early to nail it, but they still think it's a 1574 01:13:55,560 --> 01:13:57,320 Speaker 2: ten dollar per cage. 1575 01:13:57,439 --> 01:13:57,679 Speaker 13: Milk. 1576 01:13:57,720 --> 01:14:02,759 Speaker 2: Solid season coming up, domestic production is going to boom 1577 01:14:02,760 --> 01:14:07,280 Speaker 2: in August, end of the season, September, peak in October, 1578 01:14:07,320 --> 01:14:09,240 Speaker 2: and then they're going to run through to January. As 1579 01:14:09,240 --> 01:14:11,639 Speaker 2: far as production and sales and all that sort of stuff. 1580 01:14:11,640 --> 01:14:14,880 Speaker 2: Fontira midpoint for the current twenty sixth season is it 1581 01:14:15,080 --> 01:14:20,439 Speaker 2: ten currently Now, if that pans out, dairy's contribution to 1582 01:14:20,479 --> 01:14:25,800 Speaker 2: the economy would increase by about ten billion dollars over 1583 01:14:25,880 --> 01:14:29,760 Speaker 2: two years. Ten billion dollars over two years. Now, the 1584 01:14:29,840 --> 01:14:32,719 Speaker 2: debt side of it worries me because at that level, 1585 01:14:33,600 --> 01:14:37,320 Speaker 2: quote unquote, a lot of dairy farmers, if not all, 1586 01:14:37,760 --> 01:14:41,400 Speaker 2: will be making a profit. So if you're earning ten 1587 01:14:42,400 --> 01:14:47,519 Speaker 2: a kg and you're still not making a profit, what 1588 01:14:47,640 --> 01:14:50,880 Speaker 2: the hell's going on? Next week? Next dairy auction? And 1589 01:14:50,920 --> 01:14:52,360 Speaker 2: so we'll look forward to that with a great deal 1590 01:14:52,360 --> 01:14:54,800 Speaker 2: of interest. Speaking of looking forward to stuff, Steve Price 1591 01:14:54,840 --> 01:14:57,240 Speaker 2: out of Australia here is but moments away after the News, 1592 01:14:57,240 --> 01:15:01,720 Speaker 2: which is next on the my Co Hosking Breakfast. 1593 01:15:00,320 --> 01:15:03,320 Speaker 1: The Breakfast Show Kiwi's Trust to Stay in the Know, 1594 01:15:03,800 --> 01:15:07,439 Speaker 1: The Mike Hosking Breakfast with the land Rover Discovery Never 1595 01:15:07,560 --> 01:15:08,800 Speaker 1: Stop Discovering News. 1596 01:15:08,840 --> 01:15:12,240 Speaker 2: Togsa'd be Mike in the news. The government is allowing 1597 01:15:12,439 --> 01:15:14,760 Speaker 2: power provider Lines Company to put up their prices to 1598 01:15:14,800 --> 01:15:16,599 Speaker 2: recover their losses. Why do they not have to make 1599 01:15:16,680 --> 01:15:19,160 Speaker 2: up their losses like a normal commercial entity. I think 1600 01:15:19,200 --> 01:15:21,920 Speaker 2: you might They may have written the story poorly, or 1601 01:15:21,960 --> 01:15:24,920 Speaker 2: you may have interpreted the story wrong. Transpower has been 1602 01:15:24,960 --> 01:15:27,240 Speaker 2: allowed and it was the Commis Commission that allowed them. 1603 01:15:27,320 --> 01:15:30,439 Speaker 2: Transpower are, of course the Lion's Company. The Lions Company 1604 01:15:30,439 --> 01:15:33,360 Speaker 2: are a monopoly. They can't just go around saying we're 1605 01:15:33,360 --> 01:15:36,479 Speaker 2: putting our prices up because we feel like it. There arguments, 1606 01:15:36,479 --> 01:15:37,920 Speaker 2: and they went in front of the Commerce Commission and 1607 01:15:37,920 --> 01:15:39,320 Speaker 2: they said, look, we need to spend a lot of 1608 01:15:39,360 --> 01:15:42,880 Speaker 2: money on infrastructure and future proofing ourselves and renewables and 1609 01:15:42,920 --> 01:15:45,320 Speaker 2: all that stuff we've talked about a million times before. 1610 01:15:46,040 --> 01:15:50,200 Speaker 2: How much more can we charge to recoup what we're 1611 01:15:50,200 --> 01:15:53,320 Speaker 2: spending on the improving of our infrastructure around the country. 1612 01:15:53,320 --> 01:15:56,040 Speaker 2: The Commerce Commission gave them a number, and it's that 1613 01:15:56,160 --> 01:15:58,360 Speaker 2: number that they are then passing on to the rest 1614 01:15:58,360 --> 01:15:59,960 Speaker 2: of us to pay for new power lines, et cetera. 1615 01:16:00,040 --> 01:16:01,200 Speaker 2: Twenty three minutes away. 1616 01:16:00,960 --> 01:16:05,439 Speaker 18: From nine International correspondence with ends and Eye Insurance, Peace 1617 01:16:05,439 --> 01:16:07,840 Speaker 18: of mind for New Zealand business. 1618 01:16:07,280 --> 01:16:10,400 Speaker 2: Tesn't steed flight. Very good morning to you and to 1619 01:16:10,439 --> 01:16:14,160 Speaker 2: you now this renewable energy construction collapse, now, what's going 1620 01:16:14,200 --> 01:16:14,639 Speaker 2: on here? 1621 01:16:15,920 --> 01:16:19,280 Speaker 12: Well, we all need, we are told by our government 1622 01:16:19,400 --> 01:16:24,160 Speaker 12: to get to eighty two percent renewable target of renewable 1623 01:16:24,240 --> 01:16:29,160 Speaker 12: power very quickly. The first half of this year. Sadly, 1624 01:16:29,200 --> 01:16:32,880 Speaker 12: according to a poll conducted by Rice add Energy or 1625 01:16:32,880 --> 01:16:35,680 Speaker 12: a study by Rice add Energy in this country, a 1626 01:16:35,760 --> 01:16:39,120 Speaker 12: construction of new wind farms absolutely collapsed in the first 1627 01:16:39,160 --> 01:16:42,679 Speaker 12: half of this year. Soaring costs is one of the reasons. 1628 01:16:42,720 --> 01:16:47,519 Speaker 12: Protests of course of around offshore wind turbines has certainly 1629 01:16:47,560 --> 01:16:50,880 Speaker 12: added to this with at least three big projects canceled, 1630 01:16:51,760 --> 01:16:57,920 Speaker 12: and look, the whole ambition is now at some high risk. 1631 01:16:58,000 --> 01:17:00,280 Speaker 12: You've even got a long time advisor to Labor Goverment, 1632 01:17:00,360 --> 01:17:03,759 Speaker 12: Ross Garneault, who is a backer of renewable energy, saying 1633 01:17:04,360 --> 01:17:07,719 Speaker 12: yesterday that the end of the decade goal that's twenty 1634 01:17:07,760 --> 01:17:12,200 Speaker 12: thirty eighty five percent renewable was quote unachievable even with 1635 01:17:12,280 --> 01:17:16,479 Speaker 12: an expanded investment scheme. So what Garnaut is pointing out 1636 01:17:16,600 --> 01:17:19,919 Speaker 12: is the money simply not there. These big European companies 1637 01:17:19,920 --> 01:17:22,320 Speaker 12: who are all very keen to get in on the 1638 01:17:22,320 --> 01:17:25,839 Speaker 12: ground floor and invest in Australia and invest in renewable 1639 01:17:25,960 --> 01:17:28,920 Speaker 12: energy here walking away at a million miles an hour. 1640 01:17:28,960 --> 01:17:31,519 Speaker 12: They're afraid of the protest movements that have sprung up 1641 01:17:31,800 --> 01:17:35,120 Speaker 12: around the country and they are significant, including on shore 1642 01:17:35,200 --> 01:17:38,040 Speaker 12: when where farmers are not happy. And so the whole 1643 01:17:38,080 --> 01:17:40,960 Speaker 12: process is now in a major hole. 1644 01:17:41,240 --> 01:17:43,840 Speaker 2: I was reading a report. I can't remember, I've got 1645 01:17:43,840 --> 01:17:47,240 Speaker 2: the letters right, Csiro. 1646 01:17:46,680 --> 01:17:49,120 Speaker 12: Is that right, ses sirah? 1647 01:17:49,200 --> 01:17:51,080 Speaker 2: Yeah, yeah, So they came out with the report and 1648 01:17:51,120 --> 01:17:54,200 Speaker 2: seed nuclears to expensive renewables are still the answer, but 1649 01:17:54,240 --> 01:17:57,120 Speaker 2: they're saying basically the same thing that it's short, were 1650 01:17:57,120 --> 01:17:59,479 Speaker 2: hopelessly short, and it's not going to transition. Then they 1651 01:17:59,520 --> 01:18:02,240 Speaker 2: started talking about offshore wind and I thought that no 1652 01:18:02,840 --> 01:18:04,760 Speaker 2: one seems to be getting to where they want to go. 1653 01:18:04,800 --> 01:18:07,479 Speaker 2: If you're going for net zero, that'll be fair. 1654 01:18:07,400 --> 01:18:10,280 Speaker 12: The absolutely fair. And you know he even had a 1655 01:18:10,360 --> 01:18:14,080 Speaker 12: un expert by called Simon Steal out here yesterday making 1656 01:18:14,120 --> 01:18:16,559 Speaker 12: all sorts of wild predictions about what would happen if 1657 01:18:16,560 --> 01:18:20,320 Speaker 12: we don't do more, and those predictions included things like 1658 01:18:20,800 --> 01:18:23,800 Speaker 12: well down the track and this is those people who 1659 01:18:23,960 --> 01:18:27,920 Speaker 12: talk about catastrophe really annoy average folk. He said, Look, 1660 01:18:28,000 --> 01:18:32,000 Speaker 12: the consumption of fruit and vegetable will be a once 1661 01:18:32,040 --> 01:18:34,240 Speaker 12: a year treat for Australians if you. 1662 01:18:34,200 --> 01:18:36,360 Speaker 20: Don't do more on global warming, I mean whatever. 1663 01:18:36,439 --> 01:18:38,840 Speaker 12: The bloke really should be run out of the country. 1664 01:18:39,040 --> 01:18:41,880 Speaker 2: Is there something dovetailing into that? I read yesterday? So 1665 01:18:42,040 --> 01:18:47,880 Speaker 2: Hanson Pauline standing by, there's a schism in the coalition 1666 01:18:48,439 --> 01:18:50,240 Speaker 2: that Lay's got to deal with. There's a group of 1667 01:18:50,240 --> 01:18:52,360 Speaker 2: people there that aren't too keen on their net zero 1668 01:18:52,520 --> 01:18:55,320 Speaker 2: pledge and Hanson goes, well, I'll mop up that vote, 1669 01:18:55,320 --> 01:18:57,760 Speaker 2: thanks very much. Has Lay got real problems there or not? 1670 01:18:58,680 --> 01:19:02,120 Speaker 12: Yes, she has because the climent wars do no favors 1671 01:19:02,200 --> 01:19:06,800 Speaker 12: at all for the Liberal Party and the National Party 1672 01:19:06,800 --> 01:19:09,400 Speaker 12: are the ones that have broken away Barnaby Joyce and 1673 01:19:10,960 --> 01:19:14,519 Speaker 12: for another former leader, Michael mckella. And so she's got 1674 01:19:14,560 --> 01:19:17,280 Speaker 12: to try and sort that out because if Lee walks 1675 01:19:17,320 --> 01:19:20,800 Speaker 12: away from net zero, which is what they've signed up to, 1676 01:19:20,920 --> 01:19:23,599 Speaker 12: and they did it under Scott Morrison's Prime Minister, she's 1677 01:19:23,600 --> 01:19:26,679 Speaker 12: got a real problem in her party. And clearly during 1678 01:19:26,720 --> 01:19:31,719 Speaker 12: the election campaign people were voting knowing that the government, 1679 01:19:31,880 --> 01:19:34,360 Speaker 12: the alban is He government in favor of Newable Energies 1680 01:19:35,320 --> 01:19:36,080 Speaker 12: Harbor Bridge. 1681 01:19:36,120 --> 01:19:37,920 Speaker 2: I thought this had been sorted out. So there's a 1682 01:19:37,920 --> 01:19:40,840 Speaker 2: big march. It's on Sunday and they're going to Palestine 1683 01:19:40,920 --> 01:19:42,720 Speaker 2: yet again, so they're going to cross the bridge. I 1684 01:19:42,720 --> 01:19:45,160 Speaker 2: thought they had been sorted and said no way. 1685 01:19:45,520 --> 01:19:48,439 Speaker 12: He said no way. They have a permit system in 1686 01:19:48,479 --> 01:19:51,240 Speaker 12: New South Wales which is issued by the police. So 1687 01:19:51,280 --> 01:19:54,000 Speaker 12: it then went to the Police Commissioner and the police 1688 01:19:54,000 --> 01:19:56,760 Speaker 12: said yesterday were not issuing a permit view to march 1689 01:19:56,800 --> 01:19:59,720 Speaker 12: on the Sydney Harbor Bridge on Sunday. But what the 1690 01:19:59,800 --> 01:20:02,360 Speaker 12: org the pro Paler Sydney and organizers are now going 1691 01:20:02,360 --> 01:20:05,720 Speaker 12: to do is challenge that in court or respond to 1692 01:20:06,040 --> 01:20:09,400 Speaker 12: a police request of the courts to issue a no 1693 01:20:09,600 --> 01:20:12,719 Speaker 12: march order. Now this is going to get very ugly 1694 01:20:12,720 --> 01:20:15,280 Speaker 12: because I can see these people. What they will do 1695 01:20:15,400 --> 01:20:17,240 Speaker 12: is they'll be told they can't do it, they'll try 1696 01:20:17,280 --> 01:20:19,599 Speaker 12: and do it. They'll be a clash of police and 1697 01:20:19,720 --> 01:20:22,679 Speaker 12: there will be global coverage because the Sydney Harbor Bridge 1698 01:20:23,000 --> 01:20:25,760 Speaker 12: is as iconic as the Sydney Opera House. They're the 1699 01:20:25,800 --> 01:20:28,720 Speaker 12: two most iconic images out of Australia. This will go 1700 01:20:28,760 --> 01:20:31,559 Speaker 12: around the world and so this is exactly what the 1701 01:20:31,680 --> 01:20:34,120 Speaker 12: organizers of the march want to have happened. 1702 01:20:34,320 --> 01:20:36,240 Speaker 2: Okay, the other thing I'm following with a great deal 1703 01:20:36,240 --> 01:20:38,360 Speaker 2: of interest, and I think they're buying themselves too much 1704 01:20:38,360 --> 01:20:41,360 Speaker 2: trouble here. So this under sixteen band on social media, 1705 01:20:41,400 --> 01:20:44,120 Speaker 2: which isn't going to work, despite the fact many people think, 1706 01:20:44,200 --> 01:20:46,720 Speaker 2: you know, I wish it would. But nevertheless, YouTube is 1707 01:20:46,760 --> 01:20:50,000 Speaker 2: not social media. It's a video sharing platform. And that's 1708 01:20:50,040 --> 01:20:51,240 Speaker 2: the whole argument, isn't it. 1709 01:20:52,240 --> 01:20:54,000 Speaker 12: Yes, it is, and they've been spending a lot of 1710 01:20:54,000 --> 01:20:56,120 Speaker 12: money on advertising trying to make their case in the 1711 01:20:56,160 --> 01:20:59,920 Speaker 12: last two weeks. It hasn't worked. Communications Minister Anika Well 1712 01:21:00,760 --> 01:21:04,559 Speaker 12: will make an announcement in Canberra today that the government 1713 01:21:04,680 --> 01:21:09,240 Speaker 12: was giving kids quote reprieve from the persuasive and pervasive 1714 01:21:09,280 --> 01:21:12,120 Speaker 12: pull of social media while giving parents peace of mind. 1715 01:21:12,439 --> 01:21:16,559 Speaker 12: We are adding YouTube to the age restriction laws, which 1716 01:21:16,600 --> 01:21:19,639 Speaker 12: will take effect if this passes Parliament, and it's likely 1717 01:21:19,720 --> 01:21:24,680 Speaker 12: to from December ten. So you've got TikTok, Instagram and 1718 01:21:24,720 --> 01:21:27,479 Speaker 12: now you've got YouTube. Now, the argument in favor of 1719 01:21:27,560 --> 01:21:32,120 Speaker 12: YouTube its educational value and it should be treated differently 1720 01:21:32,520 --> 01:21:35,559 Speaker 12: to those other platforms. I agree with you, But the 1721 01:21:35,600 --> 01:21:37,639 Speaker 12: government says no, we're going to do this. They say 1722 01:21:37,680 --> 01:21:40,479 Speaker 12: there's no one perfect solution when it comes to keeping 1723 01:21:40,520 --> 01:21:44,160 Speaker 12: young Australians safer online. But the social media minimum age 1724 01:21:44,160 --> 01:21:45,839 Speaker 12: will make a positive difference. 1725 01:21:46,160 --> 01:21:48,679 Speaker 2: Okay, I'll believe that when I see it. By the way, 1726 01:21:49,840 --> 01:21:53,879 Speaker 2: is there discussion yet on Trump who yesterday from Scotland 1727 01:21:53,960 --> 01:21:56,240 Speaker 2: said rest of the world re tariffs, it's fifteen to 1728 01:21:56,280 --> 01:21:59,160 Speaker 2: twenty percent. We could land on twenty, which is you 1729 01:21:59,360 --> 01:22:01,519 Speaker 2: land on twenty, you will land on twenty. Is anybody 1730 01:22:01,640 --> 01:22:02,559 Speaker 2: up in arms about this? 1731 01:22:03,560 --> 01:22:05,800 Speaker 12: No, not really. When we presume that it's going to 1732 01:22:05,840 --> 01:22:09,360 Speaker 12: come to happen, and if you get twenty then I 1733 01:22:09,400 --> 01:22:12,200 Speaker 12: think the feeling in Canberra is that you've gotten off 1734 01:22:12,240 --> 01:22:15,280 Speaker 12: reasonably lightly. Now there may be some room for Australia 1735 01:22:15,320 --> 01:22:18,799 Speaker 12: to negotiate because clearly what we do is we import 1736 01:22:18,840 --> 01:22:22,679 Speaker 12: a lot more from America than what they export to us. 1737 01:22:23,439 --> 01:22:25,720 Speaker 12: The beef deal has been done. There's some feeling in 1738 01:22:25,720 --> 01:22:29,000 Speaker 12: the background by the Coalition that that deal over beef 1739 01:22:29,040 --> 01:22:32,760 Speaker 12: imports to Australia, which has been sort of loosened up 1740 01:22:32,800 --> 01:22:36,879 Speaker 12: to a degree, would mean that we might be treated differently. 1741 01:22:36,920 --> 01:22:40,240 Speaker 12: It appears Donald Trump doesn't really have a great regard 1742 01:22:40,280 --> 01:22:42,920 Speaker 12: for Australia, Anthony Albany is he can't still can't get 1743 01:22:42,960 --> 01:22:46,839 Speaker 12: a meeting with him. He doesn't understand or he pretends 1744 01:22:46,840 --> 01:22:49,599 Speaker 12: he doesn't understand UCAS and so I think we're just 1745 01:22:49,640 --> 01:22:52,680 Speaker 12: on the back burner on the bookshelf and he doesn't care. 1746 01:22:53,120 --> 01:22:55,519 Speaker 2: Well, Mate'll see next week. Appreciated Steve Price out of Australia. 1747 01:22:55,560 --> 01:22:57,160 Speaker 2: The other thing I was reading about this renewable thing 1748 01:22:57,160 --> 01:23:01,360 Speaker 2: in Australia's very good point. Actually renters will miss out. 1749 01:23:01,400 --> 01:23:05,800 Speaker 2: So the solar industry in Australia absolutely booming, but if 1750 01:23:05,840 --> 01:23:07,920 Speaker 2: you're a renter, it doesn't necessarily boom at your place 1751 01:23:07,920 --> 01:23:09,479 Speaker 2: because you're renting a house that may not have sold, 1752 01:23:09,600 --> 01:23:12,479 Speaker 2: so you have no advantage. And then we've got the 1753 01:23:12,479 --> 01:23:14,960 Speaker 2: installation of batteries and the rebates. That program is being 1754 01:23:15,040 --> 01:23:16,599 Speaker 2: rolled out at the moment, so you've got this sort 1755 01:23:16,640 --> 01:23:21,439 Speaker 2: of what they call the two stage transition to and 1756 01:23:21,600 --> 01:23:23,800 Speaker 2: people who don't have garages as the other thing which 1757 01:23:23,800 --> 01:23:26,600 Speaker 2: are offering renters can't charge their car. So would you 1758 01:23:26,600 --> 01:23:28,360 Speaker 2: buy an electric car if you can't charge it at 1759 01:23:28,400 --> 01:23:31,040 Speaker 2: your house? No, And you're renting a house with those 1760 01:23:31,040 --> 01:23:33,120 Speaker 2: solar panels on the roof. Are you saving money? 1761 01:23:33,160 --> 01:23:33,240 Speaker 12: No? 1762 01:23:33,520 --> 01:23:36,000 Speaker 2: Are you part of the renewables revolution? No, So they're 1763 01:23:36,000 --> 01:23:37,640 Speaker 2: trying to work out how to get around that. Eight 1764 01:23:37,760 --> 01:23:38,519 Speaker 2: forty five. 1765 01:23:40,120 --> 01:23:44,599 Speaker 1: The High Asking Breakfast Full Show podcast on iHeartRadio powered 1766 01:23:44,600 --> 01:23:45,600 Speaker 1: by News Talks. 1767 01:23:45,320 --> 01:23:48,720 Speaker 2: At be just announce news in New Zealand CEO has 1768 01:23:48,720 --> 01:23:53,160 Speaker 2: been announcing Nikhil Or Rubbers Shunka, who I believe is 1769 01:23:53,240 --> 01:23:59,280 Speaker 2: their tech guy, cheap digital officer wasn't far out, so 1770 01:23:59,320 --> 01:24:02,160 Speaker 2: I congratulations to him. It's an internal appointment. We'll get 1771 01:24:02,240 --> 01:24:04,360 Speaker 2: him on eventually. It's a very important job being the 1772 01:24:04,360 --> 01:24:07,400 Speaker 2: CEO of the New Zealand Warness. Congratulations to him. I 1773 01:24:07,400 --> 01:24:09,639 Speaker 2: don't know how long he's been with the airline. An 1774 01:24:09,680 --> 01:24:12,719 Speaker 2: internal appointment makes it for interesting reading to the extent, 1775 01:24:13,360 --> 01:24:14,920 Speaker 2: and I will ask him this because I don't want 1776 01:24:14,920 --> 01:24:18,639 Speaker 2: to be negative about it, to the extent that how 1777 01:24:18,680 --> 01:24:21,599 Speaker 2: global was the search and in searching globally, how many 1778 01:24:21,600 --> 01:24:23,599 Speaker 2: people did they find that they thought could do the job, 1779 01:24:23,640 --> 01:24:25,320 Speaker 2: that actually wanted to work for Air New Zealand and 1780 01:24:25,320 --> 01:24:28,200 Speaker 2: the country late New Zealand. So we got lucky to agree, 1781 01:24:28,240 --> 01:24:30,880 Speaker 2: depending on your view of Greg Forum that it was 1782 01:24:30,880 --> 01:24:32,600 Speaker 2: an ex pat coming back to the country to do 1783 01:24:32,640 --> 01:24:34,439 Speaker 2: some good work Luxe and was the same sort of thing, 1784 01:24:34,479 --> 01:24:38,760 Speaker 2: I guess. But there's your new CEO by the way, 1785 01:24:38,800 --> 01:24:41,760 Speaker 2: just before I leave the renewable thing. Very good piece 1786 01:24:41,760 --> 01:24:47,360 Speaker 2: in the Herald yesterday about the Rahui solo farm. It's 1787 01:24:47,479 --> 01:24:50,920 Speaker 2: just huge amounts. I just cannot get my head around 1788 01:24:51,800 --> 01:24:55,240 Speaker 2: how big this renewables thing needs to be. So Terra 1789 01:24:55,320 --> 01:24:58,800 Speaker 2: Hui is seven hundred and fifty million dollars. It's going 1790 01:24:58,880 --> 01:25:02,479 Speaker 2: to be between Napier and Town Poe. Construction starts hopefully 1791 01:25:02,520 --> 01:25:05,000 Speaker 2: later this year, if not early next year. It's on 1792 01:25:05,200 --> 01:25:13,440 Speaker 2: a thousand hectares of farmland, a thousand, seven hundred thousand 1793 01:25:13,640 --> 01:25:16,920 Speaker 2: solar panels. And they'll say something like, oh yeah, but 1794 01:25:16,960 --> 01:25:20,800 Speaker 2: they're behind a hedge and that's fine, But that's a 1795 01:25:20,840 --> 01:25:24,120 Speaker 2: hell of an impingement visually on the land, on the landscape, 1796 01:25:24,200 --> 01:25:27,280 Speaker 2: isn't it. Currently Hawks Bay has got no commercial scale 1797 01:25:27,320 --> 01:25:29,200 Speaker 2: solar farms. That's all about to change. They've got another 1798 01:25:29,200 --> 01:25:31,920 Speaker 2: one that on the on the coming thirty five hectares. 1799 01:25:32,479 --> 01:25:35,760 Speaker 2: Two more are proposed for on the on is going 1800 01:25:35,800 --> 01:25:38,439 Speaker 2: to be the home of the solar and another one 1801 01:25:38,439 --> 01:25:42,559 Speaker 2: next to Hawks Bay Airport Napier. But you know, on 1802 01:25:42,560 --> 01:25:45,679 Speaker 2: oner at thirty five hectares is not a thousand hectares 1803 01:25:45,720 --> 01:25:49,519 Speaker 2: and it's not seven hundred thousand solar panels. The next question, 1804 01:25:49,600 --> 01:25:51,519 Speaker 2: I don't think the story covered it. How many homes 1805 01:25:51,560 --> 01:25:54,799 Speaker 2: does that power? You know for that for that visual impact? 1806 01:25:55,200 --> 01:25:57,120 Speaker 2: How much power do you get for how many homes 1807 01:25:57,120 --> 01:25:58,879 Speaker 2: out of that nine away from nine. 1808 01:25:59,240 --> 01:26:04,160 Speaker 1: The cost Breakfast with a Vida Retirement Communities News togstadv. 1809 01:26:04,479 --> 01:26:06,719 Speaker 2: Mike, you get no power from seven hundred thousand panels 1810 01:26:06,720 --> 01:26:08,640 Speaker 2: at seven pm on the twenty feth of June. But 1811 01:26:08,680 --> 01:26:10,559 Speaker 2: that's why you have batteries stand for God's sake. For 1812 01:26:10,640 --> 01:26:13,240 Speaker 2: eight years running, Milford Asset Management have taken out the 1813 01:26:13,240 --> 01:26:16,880 Speaker 2: consumer New Zealands Peoples Choice Award Kewisaber for their Milford 1814 01:26:16,920 --> 01:26:20,519 Speaker 2: Kewsaber Plan. So there's more morning Stars laatest independent survey. 1815 01:26:21,160 --> 01:26:22,880 Speaker 2: You can find that, by the way at Morningstar dot 1816 01:26:22,880 --> 01:26:25,559 Speaker 2: com dot au. That shows that Milford has had the 1817 01:26:25,600 --> 01:26:29,680 Speaker 2: number one performing KIWI funds QIWISAB funds in growth balanced 1818 01:26:29,840 --> 01:26:32,280 Speaker 2: conservative categories for returns for the past ten years. So 1819 01:26:32,320 --> 01:26:35,040 Speaker 2: that's good. All of us down to Milford's expert team 1820 01:26:35,080 --> 01:26:37,200 Speaker 2: of course and their active approach to investing. So so 1821 01:26:37,200 --> 01:26:40,080 Speaker 2: why wouldn't you switch to Milford for your Keywi Saber account. 1822 01:26:40,160 --> 01:26:42,400 Speaker 2: It takes minutes literally, just jump online, You get a 1823 01:26:42,439 --> 01:26:45,360 Speaker 2: photo ID, get your ird number. You're good to go. 1824 01:26:45,680 --> 01:26:48,479 Speaker 2: Past performance not reliable indicator of future performance. Of course, 1825 01:26:48,560 --> 01:26:51,679 Speaker 2: Milford Funds Limited is the issue of the Milford Keewisaber Plan. 1826 01:26:52,080 --> 01:26:56,640 Speaker 2: Please read the Milford Saber Kiwi Milford Kiwisaberplan product disclosure 1827 01:26:56,720 --> 01:26:59,280 Speaker 2: statement and you get that at Milford Asset dot com 1828 01:26:59,400 --> 01:27:01,639 Speaker 2: and before and you might wish to seek some financial 1829 01:27:01,720 --> 01:27:04,840 Speaker 2: advice and for more information on Milford's advice services and 1830 01:27:04,920 --> 01:27:08,040 Speaker 2: to see their financial advice provide a disclosure statement. Milford 1831 01:27:08,080 --> 01:27:12,639 Speaker 2: Asset dot com slash getting Dash Advice, Got it, Milford 1832 01:27:12,640 --> 01:27:17,960 Speaker 2: Asset dot com slash getting Dash Advice, pasking. I might 1833 01:27:18,040 --> 01:27:20,040 Speaker 2: have thought you to be all foresoul the power Murray, 1834 01:27:20,080 --> 01:27:21,960 Speaker 2: I am, I mean, I am, and I'm not. I mean. 1835 01:27:22,000 --> 01:27:24,640 Speaker 2: I'm for anything that works, and you can back up 1836 01:27:24,720 --> 01:27:27,840 Speaker 2: and make interesting. And I worry about how they made. 1837 01:27:28,360 --> 01:27:29,760 Speaker 2: I worry about what you do with them when they 1838 01:27:29,880 --> 01:27:32,559 Speaker 2: run out of life. I worry about the cost of them. 1839 01:27:33,120 --> 01:27:35,679 Speaker 2: I worried about the investment and investment out. In other words, 1840 01:27:35,680 --> 01:27:37,720 Speaker 2: to take seven years plus to get your money back 1841 01:27:37,720 --> 01:27:39,120 Speaker 2: if it's sitting on your house, or worry about the 1842 01:27:39,160 --> 01:27:40,720 Speaker 2: cost of a battery, all of those sort of things. 1843 01:27:40,760 --> 01:27:42,680 Speaker 2: This is all part of the new landscape, but I'm 1844 01:27:42,680 --> 01:27:45,000 Speaker 2: not against them. Per Se five away from nine. 1845 01:27:45,120 --> 01:27:50,320 Speaker 1: Trending now with Chemist Warehouse great savings every day. 1846 01:27:50,479 --> 01:27:53,360 Speaker 2: If you're following this Genes campaign, this is Sydney Sweeney. 1847 01:27:53,360 --> 01:27:54,960 Speaker 2: The thing's gone off. It's been going for a couple 1848 01:27:55,000 --> 01:28:00,800 Speaker 2: of days now. Sidney Sweeney, you know the actress. There's 1849 01:28:00,840 --> 01:28:04,280 Speaker 2: lots of versions of the aid, but in all versions 1850 01:28:04,320 --> 01:28:07,759 Speaker 2: they have the phrase Sidney Sweeney has great jeans. 1851 01:28:07,880 --> 01:28:09,920 Speaker 7: I'm not here to tell you to buy American Eagle Chance, 1852 01:28:11,080 --> 01:28:13,479 Speaker 7: and I definitely won't say that they're the most comfortable 1853 01:28:13,600 --> 01:28:14,120 Speaker 7: chance I've. 1854 01:28:14,040 --> 01:28:18,720 Speaker 16: Ever worn, or that they make your butt look amazing. 1855 01:28:21,040 --> 01:28:21,920 Speaker 16: Why do I need to do that. 1856 01:28:23,400 --> 01:28:25,919 Speaker 2: But if you said that you want to buy the jeans, 1857 01:28:26,720 --> 01:28:29,479 Speaker 2: I'm not gonna stop you. But as the we're clear, 1858 01:28:29,520 --> 01:28:32,719 Speaker 2: this is not me telling you to buy American Egle Chance. 1859 01:28:33,040 --> 01:28:37,640 Speaker 2: Sidney's Sweeney has very keen You see what I did there, right? Satans? 1860 01:28:37,680 --> 01:28:39,759 Speaker 2: You mentioned the word jeans. It sits off the nats 1861 01:28:39,800 --> 01:28:40,519 Speaker 2: on social media. 1862 01:28:41,800 --> 01:28:45,800 Speaker 5: Oh my god, it's like it's like pure Nazi propaganda. 1863 01:28:47,040 --> 01:28:50,679 Speaker 14: It's in our genes, white jeans, that what you're trying 1864 01:28:50,680 --> 01:28:53,920 Speaker 14: to think. White people look at her like she's just 1865 01:28:54,200 --> 01:28:55,280 Speaker 14: skinny arian. 1866 01:28:55,880 --> 01:28:57,280 Speaker 11: They're they're trying. 1867 01:28:56,960 --> 01:29:02,200 Speaker 2: To get rid of people of color, people of different genders, 1868 01:29:02,439 --> 01:29:04,760 Speaker 2: people of like everything. 1869 01:29:04,960 --> 01:29:07,280 Speaker 6: But wait, nothing people. 1870 01:29:10,600 --> 01:29:14,240 Speaker 2: So that's for the meme stock thing. It's like game 1871 01:29:14,280 --> 01:29:17,120 Speaker 2: stock if you remember Game Stop a while back, and 1872 01:29:17,840 --> 01:29:19,760 Speaker 2: this is sort of the same on the market, and 1873 01:29:19,800 --> 01:29:23,400 Speaker 2: the whole thing is a reasonably good example of just 1874 01:29:23,560 --> 01:29:27,040 Speaker 2: how mental the world is at the moment. So what's 1875 01:29:27,080 --> 01:29:30,960 Speaker 2: more clever Sydney Swingey in that or Gwyneth Paltrow at 1876 01:29:32,400 --> 01:29:34,600 Speaker 2: what a Biography or whatever the name of the company is. 1877 01:29:34,640 --> 01:29:39,200 Speaker 2: That that's pretty clever. I'm favoring Gwyneth Persons book coming 1878 01:29:39,240 --> 01:29:43,040 Speaker 2: in Where Were They? We're out of Here? Back tomorrow 1879 01:29:43,040 --> 01:29:46,040 Speaker 2: morning on The Mic Hosking Breakfast from six as always 1880 01:29:46,280 --> 01:29:54,080 Speaker 2: Happy Days. 1881 01:29:58,040 --> 01:30:00,960 Speaker 1: For more from the Mic Asking Breakfast, listen live to 1882 01:30:01,040 --> 01:30:04,120 Speaker 1: News Talks at b from six am weekdays, or follow 1883 01:30:04,160 --> 01:30:05,680 Speaker 1: the podcast on iHeartRadio.