1 00:00:00,560 --> 00:00:04,520 Speaker 1: New Zealand's voice of reason is Mike the Mic asking 2 00:00:04,600 --> 00:00:08,559 Speaker 1: breakfast with the range rover, the la designed to intrigue 3 00:00:08,600 --> 00:00:09,240 Speaker 1: and use togs. 4 00:00:09,240 --> 00:00:09,960 Speaker 2: Deaed B, Well, do you. 5 00:00:09,960 --> 00:00:12,080 Speaker 3: Welcome today more jobs to go ad the police. We've 6 00:00:12,080 --> 00:00:14,960 Speaker 3: got a new shipping alliance that might mean better service 7 00:00:15,000 --> 00:00:16,640 Speaker 3: and tuber prices for the country. You're going to look 8 00:00:16,640 --> 00:00:20,320 Speaker 3: at sky TV satellite issues, Sir John Key on asset sales, 9 00:00:20,360 --> 00:00:22,799 Speaker 3: given we've decided to get re exercised about all of that. 10 00:00:23,040 --> 00:00:25,079 Speaker 3: Politics wins they of course after right Richard Arnold and 11 00:00:25,120 --> 00:00:28,639 Speaker 3: Trumpsville Steve Price in the Mighty Red Land to the left. 12 00:00:29,800 --> 00:00:31,480 Speaker 3: Welcome to the middle of the week, seven past six. 13 00:00:31,480 --> 00:00:34,680 Speaker 3: So I'm noting I'm noting some reaction to last week's 14 00:00:34,680 --> 00:00:36,960 Speaker 3: State of the Nation by David Seymour. We have worry 15 00:00:37,000 --> 00:00:40,760 Speaker 3: about privatization. Unions and advocates want the PM to rule 16 00:00:40,840 --> 00:00:44,760 Speaker 3: privatization out. Privatization of what is a more important point? 17 00:00:45,040 --> 00:00:47,680 Speaker 3: Not that anyone seemed interested in that yesterday, and more importantly, 18 00:00:47,720 --> 00:00:49,479 Speaker 3: nor did they seem interested in the fact there is 19 00:00:49,520 --> 00:00:53,239 Speaker 3: no plan under national for any privatization and if there is, 20 00:00:53,440 --> 00:00:55,680 Speaker 3: it's an election away and we've got bigger fish to 21 00:00:55,680 --> 00:00:58,280 Speaker 3: fry right now, given the noise, you might have the 22 00:00:58,320 --> 00:01:00,960 Speaker 3: impression we're against privatization full stop. Now, you can't be 23 00:01:01,040 --> 00:01:05,119 Speaker 3: against privatization of everything unless you might. Opic unions argue 24 00:01:05,160 --> 00:01:08,280 Speaker 3: privatization of health, for example, would low or hurt lower 25 00:01:08,280 --> 00:01:10,640 Speaker 3: paid or poorer people. They're probably right, and in that 26 00:01:10,760 --> 00:01:13,399 Speaker 3: sense it is why the privatization debate in general hasn't 27 00:01:13,400 --> 00:01:15,199 Speaker 3: been a thing for years long. Gone are the crazy 28 00:01:15,200 --> 00:01:18,200 Speaker 3: old days of Preble and Douglas and privatizing everything. I 29 00:01:18,240 --> 00:01:20,600 Speaker 3: work for TV and Z when they were being shaped 30 00:01:20,640 --> 00:01:22,639 Speaker 3: up for sale, but then Helen Clark won the election 31 00:01:22,680 --> 00:01:24,960 Speaker 3: and that was that. Back then they thought they could 32 00:01:24,959 --> 00:01:27,760 Speaker 3: get several hundred million dollars for it. These days, it 33 00:01:27,840 --> 00:01:30,520 Speaker 3: isn't worth anything more than scrap, So you could argue 34 00:01:30,520 --> 00:01:33,120 Speaker 3: it serves a wider community purpose than it ever would 35 00:01:33,200 --> 00:01:35,400 Speaker 3: if you found somebody to offer a better cash for parts. 36 00:01:35,760 --> 00:01:38,760 Speaker 3: But ask yourself this as key. We rail really a 37 00:01:38,800 --> 00:01:41,080 Speaker 3: good government run company right here, right now, And in 38 00:01:41,120 --> 00:01:43,200 Speaker 3: that sort of example seemoa of courses right. I mean, 39 00:01:43,200 --> 00:01:46,920 Speaker 3: governments don't actually make good owners. There's very little in 40 00:01:46,959 --> 00:01:50,080 Speaker 3: government hands you would realistically argue is better run than 41 00:01:50,120 --> 00:01:53,120 Speaker 3: the private sector. That is more efficient than the private sector, 42 00:01:53,400 --> 00:01:56,160 Speaker 3: Irondy being of course for all those freaked out by health. 43 00:01:56,200 --> 00:01:58,600 Speaker 3: A lot of the private sector is used, of course 44 00:01:58,640 --> 00:02:01,120 Speaker 3: for public health proceeds, just no one seems to mind that. 45 00:02:01,600 --> 00:02:03,880 Speaker 3: Where Seymour won the day though, and this is important, 46 00:02:03,880 --> 00:02:05,720 Speaker 3: and where he needs to be listened to, is when 47 00:02:05,720 --> 00:02:07,920 Speaker 3: he talks about this country being at a tipping point. 48 00:02:08,000 --> 00:02:11,000 Speaker 3: The teens of thousands who have left have largely been 49 00:02:11,040 --> 00:02:14,200 Speaker 3: the bright, the go getters, the future prospects. It has 50 00:02:14,280 --> 00:02:16,800 Speaker 3: left behind a worryingly large number of people who love 51 00:02:16,840 --> 00:02:19,440 Speaker 3: the malaise, who love the work from home, who don't 52 00:02:19,480 --> 00:02:21,760 Speaker 3: care about the debt, who are camped out on acc 53 00:02:21,960 --> 00:02:25,280 Speaker 3: and generally aren't net contributors to the country. The immigration 54 00:02:25,440 --> 00:02:28,320 Speaker 3: surge has led to huge numbers of waiters Nuba drivers, 55 00:02:28,440 --> 00:02:30,680 Speaker 3: while the scientists park themselves in Sydney or London. The 56 00:02:30,680 --> 00:02:33,720 Speaker 3: balance is tipped the wrong way, he highlights. I would 57 00:02:33,760 --> 00:02:36,320 Speaker 3: have thought the reddest of red flags. 58 00:02:36,680 --> 00:02:40,280 Speaker 2: Who news of the world in ninety seconds. 59 00:02:40,320 --> 00:02:43,240 Speaker 3: Well, some level heads have prevailed in the deep seek 60 00:02:43,320 --> 00:02:45,799 Speaker 3: freak out. The market's got attack together this morning. Having 61 00:02:45,800 --> 00:02:47,959 Speaker 3: looked at the thing, It's not really the world change, 62 00:02:48,080 --> 00:02:49,120 Speaker 3: they might have thought it was. 63 00:02:49,240 --> 00:02:52,079 Speaker 4: Something very important that's not being mentioned enough is how 64 00:02:52,120 --> 00:02:56,679 Speaker 4: it's still piggybucks on open AI's Chadjibt. So part of 65 00:02:56,720 --> 00:02:59,920 Speaker 4: what they did is they used the answers of chadjib 66 00:03:00,680 --> 00:03:01,720 Speaker 4: to train their model. 67 00:03:01,880 --> 00:03:03,520 Speaker 3: And that's before we get to the China part of it. 68 00:03:03,600 --> 00:03:05,959 Speaker 3: Iran is backfront and seeing that this morning is that 69 00:03:06,040 --> 00:03:08,720 Speaker 3: worries allowed about some sort of attack on a nuclear facility. 70 00:03:08,919 --> 00:03:10,080 Speaker 5: I don't think they will do. 71 00:03:10,280 --> 00:03:11,440 Speaker 2: That's crazy thing. 72 00:03:12,880 --> 00:03:16,840 Speaker 6: This is really crazy, and this would turn the whole 73 00:03:16,840 --> 00:03:21,079 Speaker 6: region into a very bad disaster. 74 00:03:21,440 --> 00:03:23,639 Speaker 3: The attacks would apparently be in Israeli American if it. 75 00:03:23,720 --> 00:03:26,240 Speaker 3: Locals do hope though Trump might help them with the 76 00:03:26,280 --> 00:03:27,280 Speaker 3: economic inflation. 77 00:03:27,600 --> 00:03:29,799 Speaker 4: Can see that day why that the prices goes up, 78 00:03:30,160 --> 00:03:32,079 Speaker 4: and I'm for sure there's not a good news. 79 00:03:32,280 --> 00:03:37,760 Speaker 7: He's getting worse and worse for us, and working in Iran, 80 00:03:37,880 --> 00:03:41,120 Speaker 7: he's going harder and hard situations. 81 00:03:41,200 --> 00:03:43,080 Speaker 3: So speaking of economies, there isn't one, of course, in 82 00:03:43,160 --> 00:03:45,000 Speaker 3: Gaza's thousands. Set back to the rubble. 83 00:03:45,720 --> 00:03:47,840 Speaker 8: We say to Trump know in a million and one 84 00:03:47,920 --> 00:03:49,320 Speaker 8: knows we will stay here. 85 00:03:49,960 --> 00:03:52,560 Speaker 9: You will stay in Gaza, he says, even if it 86 00:03:52,600 --> 00:03:53,640 Speaker 9: is a pile of rubble. 87 00:03:54,800 --> 00:03:56,800 Speaker 3: Lenstage so I had a couple of things. One frustration 88 00:03:56,920 --> 00:03:59,600 Speaker 3: from ice in places like Chicago who aren't playing ball 89 00:03:59,640 --> 00:04:00,960 Speaker 3: over the legals. 90 00:04:00,760 --> 00:04:03,320 Speaker 7: Were in a difficult situation here in Chicago because a 91 00:04:03,320 --> 00:04:05,880 Speaker 7: lot of the targets that we're looking at were previously 92 00:04:06,000 --> 00:04:09,240 Speaker 7: arrested by local or state authorities, and we placed holes 93 00:04:09,240 --> 00:04:11,960 Speaker 7: on many of them and they were released from the 94 00:04:12,000 --> 00:04:14,640 Speaker 7: facility into the communities again. 95 00:04:14,880 --> 00:04:17,560 Speaker 3: And two, the Senate Commerce Committee is looking into the 96 00:04:17,560 --> 00:04:19,119 Speaker 3: business of the Panama Canal. 97 00:04:19,320 --> 00:04:22,599 Speaker 10: Chinese companies are right now building a bridge across the canal, 98 00:04:23,560 --> 00:04:27,360 Speaker 10: and Chinese companies control container points ports. 99 00:04:27,080 --> 00:04:28,000 Speaker 2: At either end. 100 00:04:29,200 --> 00:04:33,920 Speaker 10: This situation I believe poses acute risks to US national security. 101 00:04:34,040 --> 00:04:36,920 Speaker 3: Finally, the flavor of twenty five, built from the colemickmoj 102 00:04:37,080 --> 00:04:40,160 Speaker 3: blood the players in the seasonings and spices business spices up. 103 00:04:40,800 --> 00:04:43,159 Speaker 3: So this year, dominating the menu is a thing called 104 00:04:43,200 --> 00:04:47,400 Speaker 3: the ahi Amayo or r gm arilla. It's chili pepper 105 00:04:47,520 --> 00:04:50,359 Speaker 3: and native to South America. Also has fabrate notes of patient, 106 00:04:50,360 --> 00:04:53,080 Speaker 3: proud and mango. It's being responded already on vegetables in London, 107 00:04:53,120 --> 00:04:55,920 Speaker 3: oysters in Australia, and cocktails and cannona. So this is 108 00:04:55,960 --> 00:04:58,279 Speaker 3: the newsual the world of nineteen Pickens quick TikTok. Trump 109 00:04:58,400 --> 00:05:02,440 Speaker 3: was telling us Microsoft are and talk to acquire TikTok. 110 00:05:02,800 --> 00:05:05,080 Speaker 3: Microsoft aren't saying anything, so we'll keep your post. At 111 00:05:05,080 --> 00:05:06,080 Speaker 3: twelve past six. 112 00:05:07,839 --> 00:05:12,480 Speaker 1: The mic Asking Breakfast Full Show podcast on iHeartRadio, how 113 00:05:12,560 --> 00:05:14,719 Speaker 1: Off My News talks Canal. 114 00:05:15,080 --> 00:05:17,320 Speaker 3: Google have said they'll call it the Gulf of America, 115 00:05:18,279 --> 00:05:20,640 Speaker 3: and I'll also call the Narlie Mount McKinley. So he's 116 00:05:20,640 --> 00:05:22,760 Speaker 3: won on that. And by the way, speaking of Trump generally, 117 00:05:22,760 --> 00:05:25,479 Speaker 3: and we'll have Richard Arnold shortly the Budget Office at 118 00:05:25,520 --> 00:05:28,800 Speaker 3: the White House. They've paused all federal grants and loans, 119 00:05:29,240 --> 00:05:31,320 Speaker 3: so you dealing with trillions of dollars comes into affected 120 00:05:31,320 --> 00:05:33,920 Speaker 3: about eleven o'clock this morning, so more shortly fifteen past six. 121 00:05:36,120 --> 00:05:39,200 Speaker 3: J M I love Pandrew Keller. He good morning, Very 122 00:05:39,240 --> 00:05:40,920 Speaker 3: good BONDI Mike is the freak out over? 123 00:05:42,800 --> 00:05:45,360 Speaker 11: Yeah, we should check in with after that big market 124 00:05:45,640 --> 00:05:48,440 Speaker 11: shift that we discussed yesterday, money, shouldn't we? So yep, 125 00:05:48,480 --> 00:05:51,600 Speaker 11: you'll end up being a significant move lover in video 126 00:05:52,160 --> 00:05:55,000 Speaker 11: and Vidia has really taken the mantle mic of the 127 00:05:55,040 --> 00:05:58,680 Speaker 11: sort of market mover on the Nasdaq index. So sensitivity 128 00:05:58,720 --> 00:06:02,440 Speaker 11: to that company is creating its own little vortex of volatility. 129 00:06:02,520 --> 00:06:05,680 Speaker 11: Really fell seventeen percent in the end. Yesterday's enormous loss 130 00:06:05,680 --> 00:06:09,800 Speaker 11: of market capitalization from video itself dropped the whole index lower. Look, 131 00:06:09,839 --> 00:06:11,880 Speaker 11: it's had a bounce of sorts. As we're looking at 132 00:06:11,880 --> 00:06:14,520 Speaker 11: it now, it's just over three percent up in training. 133 00:06:14,600 --> 00:06:16,919 Speaker 11: It's a bit of a paltry rebound really if you 134 00:06:16,960 --> 00:06:19,520 Speaker 11: compare it to that seventeen percent lot. I just want 135 00:06:19,520 --> 00:06:22,000 Speaker 11: it seventeen percent loss, Mike. I just want to comment 136 00:06:22,240 --> 00:06:24,800 Speaker 11: that sell off yesterday. You saw it in the Nasdaq index, 137 00:06:24,960 --> 00:06:28,080 Speaker 11: and that overflowed into the S and P five hundred index. 138 00:06:28,160 --> 00:06:32,080 Speaker 11: Now do they do share constituents? I thought it's insightful 139 00:06:32,120 --> 00:06:35,279 Speaker 11: to look at the Dow Jones Industrial Average. 140 00:06:35,440 --> 00:06:36,760 Speaker 9: There's thirty stocks in that. 141 00:06:36,880 --> 00:06:39,880 Speaker 11: The blue Chips doesn't have the semiconductor exposure. 142 00:06:40,240 --> 00:06:42,799 Speaker 9: It gained zero point sixty five. 143 00:06:42,640 --> 00:06:47,599 Speaker 11: Percent yesterday, So you have got big companies in the Apple, Amazon, Microsoft, 144 00:06:47,839 --> 00:06:50,839 Speaker 11: but it wasn't materially affected. So just you do need 145 00:06:50,880 --> 00:06:53,760 Speaker 11: to look at the bigger picture here, just pivoting across 146 00:06:53,760 --> 00:06:57,120 Speaker 11: to our market. Small fall yesterday zero point three three percent. 147 00:06:58,360 --> 00:07:02,360 Speaker 11: Some companies affected until fell three point six percent one 148 00:07:02,400 --> 00:07:06,200 Speaker 11: of Infantel's key investments. They are an infrastructure investor. Is 149 00:07:06,360 --> 00:07:10,480 Speaker 11: CDC data centers that got caught up in the concern around. 150 00:07:10,200 --> 00:07:12,320 Speaker 9: AI and AI related exposures. 151 00:07:12,320 --> 00:07:16,320 Speaker 11: So the value of CDC and Infantil's portfolios really boosted 152 00:07:16,320 --> 00:07:19,680 Speaker 11: the infantil share price, So you've got a recalibration, reassessment 153 00:07:19,680 --> 00:07:22,360 Speaker 11: of that share price lower. Yesterday, we had sort of 154 00:07:22,440 --> 00:07:27,960 Speaker 11: mixed outcomes across Asia. Just looking across markets generally, this morning, 155 00:07:28,200 --> 00:07:30,640 Speaker 11: the Nasdaq has bounced back just over one percent s 156 00:07:30,640 --> 00:07:31,920 Speaker 11: and P five hundred Dow Jones. 157 00:07:31,920 --> 00:07:34,360 Speaker 9: They're in positive territory, Mike. We are in the. 158 00:07:34,280 --> 00:07:37,200 Speaker 11: Middle of the US fourth quarter earning season at the moment. 159 00:07:37,240 --> 00:07:37,640 Speaker 9: As well. 160 00:07:38,080 --> 00:07:43,120 Speaker 11: This week, in the next couple of days, you've got Tesla, Meta, Microsoft, Apple. 161 00:07:43,400 --> 00:07:46,400 Speaker 11: They'll be sort of critical for short term market direction, 162 00:07:46,520 --> 00:07:47,360 Speaker 11: I think, so we'll keep you. 163 00:07:47,360 --> 00:07:47,960 Speaker 9: Post on those. 164 00:07:48,000 --> 00:07:50,120 Speaker 11: There's just one other little sort of issue making this 165 00:07:50,160 --> 00:07:52,800 Speaker 11: a little bit tricky there, Mics. You've got this lunar 166 00:07:52,840 --> 00:07:56,080 Speaker 11: New Year market holiday, so parts of Asia aren't even trading, 167 00:07:56,120 --> 00:07:58,280 Speaker 11: so they'll have a big catch up next week. 168 00:07:58,320 --> 00:08:00,240 Speaker 3: Now, talk to me about the job's full job This 169 00:08:00,360 --> 00:08:02,240 Speaker 3: is do I see some light here? 170 00:08:02,800 --> 00:08:06,080 Speaker 9: I well, look, I think we could call it. 171 00:08:06,120 --> 00:08:08,720 Speaker 11: I think yesterday we looked at the local labor market 172 00:08:09,040 --> 00:08:12,480 Speaker 11: through the lens of job ads, So that's companies looking 173 00:08:12,560 --> 00:08:15,280 Speaker 11: for workers, so if they have, if they don't have 174 00:08:15,320 --> 00:08:17,320 Speaker 11: the requirement for those workers. 175 00:08:17,040 --> 00:08:18,280 Speaker 9: Who get fewer job ads. 176 00:08:18,600 --> 00:08:21,600 Speaker 11: Yesterday's stats, New Zealand released a monthly employment indicate. 177 00:08:22,000 --> 00:08:23,119 Speaker 9: This is a different lens. 178 00:08:23,160 --> 00:08:26,240 Speaker 11: This start looks at filled jobs that uses data from 179 00:08:26,400 --> 00:08:28,920 Speaker 11: IID from the inland revenue, so it's the other end 180 00:08:28,960 --> 00:08:29,680 Speaker 11: of a job ad. 181 00:08:29,880 --> 00:08:31,600 Speaker 9: People have actually been added to. 182 00:08:31,520 --> 00:08:34,640 Speaker 11: The labor force and are sitting within the income tax system. Now, 183 00:08:34,679 --> 00:08:37,400 Speaker 11: for the last decade, Mike, if I look across the 184 00:08:37,440 --> 00:08:40,120 Speaker 11: whole country, the number of filled jobs in New Zealand 185 00:08:40,320 --> 00:08:43,400 Speaker 11: has pretty much just kept marching higher. There's been the 186 00:08:43,440 --> 00:08:47,440 Speaker 11: odd little hack up, small very short retreatment retracements. That 187 00:08:47,640 --> 00:08:52,360 Speaker 11: is until last year when a significant retracement became evident. 188 00:08:52,480 --> 00:08:55,120 Speaker 11: So we've been waiting for the data that tells us 189 00:08:55,160 --> 00:08:58,640 Speaker 11: that retracement is abating, is flattening. Yeah, we may have it. 190 00:08:59,000 --> 00:09:03,079 Speaker 11: Two consecutive gains, albeit small, are zero point one percent 191 00:09:03,120 --> 00:09:05,520 Speaker 11: lift in fill jobs in December. That follows a zero 192 00:09:05,559 --> 00:09:09,000 Speaker 11: point two percent lift in November. Now we contrast that 193 00:09:09,040 --> 00:09:12,559 Speaker 11: to the cumulative fall from sort of March through to October, 194 00:09:12,600 --> 00:09:15,160 Speaker 11: which was a one point eight percent fall. So it's 195 00:09:15,200 --> 00:09:19,480 Speaker 11: not a robust rebound, but it's flattening. So we can 196 00:09:19,559 --> 00:09:23,600 Speaker 11: see evidence of numbers of tourism related hiring in there. 197 00:09:24,080 --> 00:09:25,920 Speaker 11: Just again stepping back in to some of the detail, 198 00:09:26,000 --> 00:09:29,040 Speaker 11: mir it's not been good times for young people. Compared 199 00:09:29,080 --> 00:09:32,560 Speaker 11: to December twenty twenty three, a couple of age cohorts 200 00:09:32,600 --> 00:09:35,959 Speaker 11: here fifteen to nineteen years, number of phill jobs Deck 201 00:09:36,040 --> 00:09:39,440 Speaker 11: twenty four compared to Deck twenty three down nine point 202 00:09:39,480 --> 00:09:42,440 Speaker 11: two percent, and that twenty five to twenty nine years 203 00:09:42,440 --> 00:09:45,040 Speaker 11: down four point four percent. So when times get tough, 204 00:09:45,440 --> 00:09:47,760 Speaker 11: does some groups more than others? The way, what are 205 00:09:47,800 --> 00:09:50,280 Speaker 11: the numbers right as we sit and look at it 206 00:09:50,320 --> 00:09:52,400 Speaker 11: this morning, So the Dow Jones is up one hundred 207 00:09:52,400 --> 00:09:55,800 Speaker 11: and twenty three points, just under forty five thousand, that's 208 00:09:55,840 --> 00:09:58,440 Speaker 11: a point two eight percent gain, the S and P 209 00:09:58,520 --> 00:10:00,839 Speaker 11: five hundred and six soh four evan it's up thirty 210 00:10:00,840 --> 00:10:03,680 Speaker 11: five points, which is a point five nine percent gain, 211 00:10:04,040 --> 00:10:07,599 Speaker 11: and the Nasdaq is up three hundred and twenty eight points, 212 00:10:07,640 --> 00:10:10,480 Speaker 11: one point seven percent bounds back nineteen thousand, six hundred 213 00:10:10,480 --> 00:10:13,720 Speaker 11: and seventy forts one hundred overnight gained to third percent 214 00:10:13,840 --> 00:10:17,600 Speaker 11: eight five three three. The nick afel one point three 215 00:10:17,679 --> 00:10:21,040 Speaker 11: nine percent yesterday three nine oh one six. Shanghai composite 216 00:10:21,160 --> 00:10:24,320 Speaker 11: is not trading. The A six two hundred dropped ten 217 00:10:24,360 --> 00:10:28,520 Speaker 11: bases ten points eight three nine nine, and the insects. 218 00:10:28,120 --> 00:10:31,000 Speaker 9: Fifty dropped a third of a percent. As I said, forty. 219 00:10:30,720 --> 00:10:33,599 Speaker 11: Three points twelve thousand, nine hundred and fifty seven the 220 00:10:33,640 --> 00:10:37,160 Speaker 11: currency's KEYMI dollar against the US point five six five 221 00:10:37,320 --> 00:10:40,120 Speaker 11: nine point nine oh sixty three against the ossie point 222 00:10:40,160 --> 00:10:43,000 Speaker 11: five four to two nine euro point four five point 223 00:10:43,000 --> 00:10:45,480 Speaker 11: four against the pound eighty eight point one one. Japanese 224 00:10:45,640 --> 00:10:48,600 Speaker 11: en gold fairly steady two thousand, seven hundred and fifty 225 00:10:48,640 --> 00:10:52,440 Speaker 11: nine dollars, as is oil seventy six dollars and ninety cent. 226 00:10:52,360 --> 00:10:55,080 Speaker 3: Can Chapter Morrow Andrew kelliher Jmiwealth, dot Co, dot m 227 00:10:55,160 --> 00:10:58,760 Speaker 3: Z pasket globally gm overnight market didn't like it, but 228 00:10:58,800 --> 00:11:01,319 Speaker 3: top and bottom beat x pigations bullish on the year. 229 00:11:01,320 --> 00:11:02,920 Speaker 3: They think they'll sell more cars, which is good and 230 00:11:02,960 --> 00:11:05,199 Speaker 3: if you follow the Kraka sales two point four million 231 00:11:05,280 --> 00:11:07,880 Speaker 3: yesterday that was a record highest price Philly ever sold 232 00:11:07,960 --> 00:11:12,400 Speaker 3: in this country. The daughter of suber Bill. If you 233 00:11:12,440 --> 00:11:14,200 Speaker 3: guys watching a video and somebody goes, oh, when you 234 00:11:14,200 --> 00:11:15,800 Speaker 3: come to the races, you got to buy a Sada bill, 235 00:11:16,080 --> 00:11:18,040 Speaker 3: sort of like when you you know, got to go 236 00:11:18,080 --> 00:11:19,800 Speaker 3: buy a Burken or something. Anyway, there were a lot 237 00:11:19,800 --> 00:11:22,440 Speaker 3: of interest in our bloodstock, which is good from New 238 00:11:22,520 --> 00:11:25,640 Speaker 3: Zealand and Australia, South Africa, Japan, England, Netherlands, Hong Kong, 239 00:11:25,679 --> 00:11:27,559 Speaker 3: so the sales seemed to be going well. Six twenty 240 00:11:27,640 --> 00:11:30,079 Speaker 3: one Here at Newstalk ZMB. 241 00:11:37,160 --> 00:11:41,680 Speaker 1: The Vike Asking Breakfast Full Show podcast on iHeartRadio powered 242 00:11:41,679 --> 00:11:42,360 Speaker 1: by the News. 243 00:11:42,120 --> 00:11:45,240 Speaker 3: Talks b Mike Welcome back. US government needs to refinance 244 00:11:45,320 --> 00:11:47,680 Speaker 3: ten trillion of maturing debt a further two to three 245 00:11:47,720 --> 00:11:49,880 Speaker 3: trillion to fund the twenty five budget deficits, so that's 246 00:11:49,920 --> 00:11:53,360 Speaker 3: thirteen trillion in total. Who buys the debt normal normally, 247 00:11:53,400 --> 00:11:55,480 Speaker 3: I'd argue that's a pretty good question, but currently that 248 00:11:55,640 --> 00:11:57,800 Speaker 3: never ceases to amaze me just how much appetite there 249 00:11:57,840 --> 00:11:59,760 Speaker 3: is there out there in the world at the moment 250 00:11:59,800 --> 00:12:01,679 Speaker 3: too were financed debt, they seems, so every time our 251 00:12:01,720 --> 00:12:03,680 Speaker 3: government goes to the market, there's more than enough people 252 00:12:03,679 --> 00:12:05,160 Speaker 3: who want to buy the debt, So I don't think 253 00:12:05,160 --> 00:12:07,400 Speaker 3: that's actually a problem, morning, Mike. Surely the big question 254 00:12:07,520 --> 00:12:09,400 Speaker 3: of the day should be why the hell are we 255 00:12:09,440 --> 00:12:11,520 Speaker 3: giving one hundred million dollars a year to Kirabas, Steve, 256 00:12:11,559 --> 00:12:14,000 Speaker 3: We're not. It's thirty million. The number your quoting's twenty 257 00:12:14,040 --> 00:12:16,120 Speaker 3: one through twenty four to thirty million dollars a year. 258 00:12:16,559 --> 00:12:19,480 Speaker 3: It's called aid. It's part of our role in the Pacific, 259 00:12:19,800 --> 00:12:22,080 Speaker 3: and it's a story we should be following more closely 260 00:12:22,160 --> 00:12:25,600 Speaker 3: because Kirabas Nauru to a lesser extent, I suppose Solomon 261 00:12:25,640 --> 00:12:29,800 Speaker 3: islands the battle with China. I want desperately Peter's to 262 00:12:29,840 --> 00:12:32,400 Speaker 3: be right, because he argues that we're good mates and 263 00:12:32,400 --> 00:12:34,520 Speaker 3: they'll look after us and we look after them. It's 264 00:12:34,559 --> 00:12:37,880 Speaker 3: not happening. And so this spillover you've got with Kirabas 265 00:12:37,880 --> 00:12:41,600 Speaker 3: at the moment and Peter's is interesting, to say the least, 266 00:12:41,640 --> 00:12:42,480 Speaker 3: six twenty. 267 00:12:42,200 --> 00:12:46,679 Speaker 1: Five trending now with the m'sware house, the real house 268 00:12:46,720 --> 00:12:47,720 Speaker 1: of frequency. 269 00:12:47,280 --> 00:12:49,160 Speaker 3: I think we're losing the battle, is what I'm saying. 270 00:12:49,400 --> 00:12:53,120 Speaker 3: From our everything's a conspiracy file. NFL right, so NFL ratings, 271 00:12:53,160 --> 00:12:55,720 Speaker 3: as I've told you through the roof these days, but 272 00:12:56,520 --> 00:12:59,280 Speaker 3: there are going claims it's rigged. So they've looked at 273 00:12:59,320 --> 00:13:02,559 Speaker 3: different Elgarith thems that look at people's comments online, talk 274 00:13:02,600 --> 00:13:05,920 Speaker 3: show host comments, online, listening numbers to determine that people 275 00:13:06,000 --> 00:13:08,319 Speaker 3: have been more skeptical than ever about this league. A 276 00:13:08,360 --> 00:13:10,240 Speaker 3: lot has got to do with the chiefs, Kansas City 277 00:13:10,280 --> 00:13:13,240 Speaker 3: Chiefs and the perceptions of the referees numpires help them win. 278 00:13:14,160 --> 00:13:15,760 Speaker 3: There are after a three pet of course, with the 279 00:13:15,800 --> 00:13:19,960 Speaker 3: super Bowl come February. The commissioner, Roger Goodell apparently likes 280 00:13:20,000 --> 00:13:22,599 Speaker 3: the Chiefs, so there's a conspiracy. The NFL wants to 281 00:13:22,600 --> 00:13:25,120 Speaker 3: see Taylor Swift at the super Bowl. There's conspiracy theories, 282 00:13:25,160 --> 00:13:26,920 Speaker 3: a lot of theories, none of which, of course are real. 283 00:13:27,000 --> 00:13:29,200 Speaker 3: None of this is true. But when do that stop us? Anyway, 284 00:13:29,200 --> 00:13:30,600 Speaker 3: Bill burswaded, we're. 285 00:13:30,440 --> 00:13:33,719 Speaker 12: Going into like an unprecedented time of that on all 286 00:13:33,760 --> 00:13:35,960 Speaker 12: sports or whatever. So I'm not just singling that out. 287 00:13:35,960 --> 00:13:37,840 Speaker 12: I don't give it. I don't care about about that stuff. 288 00:13:37,880 --> 00:13:40,800 Speaker 12: But I'm just saying, like it's a business. Yes, it's 289 00:13:40,840 --> 00:13:42,880 Speaker 12: a business, and you got to look at still like 290 00:13:42,960 --> 00:13:47,079 Speaker 12: they I don't think it's fixed. I think it's massage. 291 00:13:48,520 --> 00:13:52,080 Speaker 12: There's definitely more backrobs on one side than the other. 292 00:13:52,120 --> 00:13:53,320 Speaker 12: I mean, I don't know, like, do you know what 293 00:13:53,400 --> 00:13:55,680 Speaker 12: kills me? Maybe one guy says there is a first 294 00:13:55,679 --> 00:13:58,079 Speaker 12: down and the other guy says it you know which. 295 00:13:57,880 --> 00:13:58,520 Speaker 2: Way it's going to go. 296 00:13:58,640 --> 00:14:01,559 Speaker 12: Somebody's sitting there going, here's my chance to get that massage. 297 00:14:01,600 --> 00:14:03,640 Speaker 2: Because again that's what that's I just think. 298 00:14:03,559 --> 00:14:05,360 Speaker 12: You know, where is the money, Like, come on, man, 299 00:14:05,360 --> 00:14:06,920 Speaker 12: they got they got they got all the stars, they've 300 00:14:06,920 --> 00:14:07,600 Speaker 12: got Taylor Swift. 301 00:14:07,640 --> 00:14:09,000 Speaker 13: I mean, that's going to be a lot. 302 00:14:09,240 --> 00:14:11,760 Speaker 12: Like it's rare. It's a business. Why are they an 303 00:14:11,880 --> 00:14:14,080 Speaker 12: entertainment league? Why aren't they a sports leg. 304 00:14:16,679 --> 00:14:19,400 Speaker 3: So it goes by the way, if you're interested in aviation, 305 00:14:19,560 --> 00:14:22,600 Speaker 3: Boom SuperSonics XP one. As far as I can work 306 00:14:22,640 --> 00:14:24,280 Speaker 3: out as up in the air as we speak, what 307 00:14:24,440 --> 00:14:25,880 Speaker 3: is this, Well, i'll tell you more about it in 308 00:14:25,880 --> 00:14:28,560 Speaker 3: the moment. It is at the stage of prototype. It's 309 00:14:28,600 --> 00:14:32,240 Speaker 3: the new Concord. They've been building speed doing test flights. 310 00:14:32,280 --> 00:14:34,640 Speaker 3: They think within a decade they can get back to 311 00:14:34,720 --> 00:14:39,040 Speaker 3: the Concord type commercial operation. They're looking this morning as 312 00:14:39,040 --> 00:14:42,760 Speaker 3: of right now, to do MAC one point one. So 313 00:14:43,280 --> 00:14:45,320 Speaker 3: we'll see how that goes. More details shortly, then we'll 314 00:14:45,320 --> 00:14:46,800 Speaker 3: go to the States and Richard Arnold in the next 315 00:14:46,800 --> 00:14:49,320 Speaker 3: half hour and this new we're looking at this new 316 00:14:49,480 --> 00:14:52,480 Speaker 3: shipping merger or alliance if you like, and what it 317 00:14:52,520 --> 00:14:54,640 Speaker 3: actually means for the New Zealand to commy all of us. 318 00:14:54,640 --> 00:14:57,200 Speaker 3: And more still to come after the news, which is next. 319 00:15:00,160 --> 00:15:01,000 Speaker 2: We've been stateful. 320 00:15:01,080 --> 00:15:05,520 Speaker 1: They were then engaging and vitally the mic asking breakfast 321 00:15:05,720 --> 00:15:09,160 Speaker 1: with Bailey's real estate, finding the buyers. Others can't use 322 00:15:09,240 --> 00:15:09,960 Speaker 1: togs headbs. 323 00:15:10,080 --> 00:15:12,000 Speaker 3: They've just ticked off in the Senate Sean Duffy. He 324 00:15:12,080 --> 00:15:15,360 Speaker 3: will be Trump's transportation man. So that's encouraged. I think 325 00:15:15,360 --> 00:15:18,320 Speaker 3: they'll get them all done eventually. So the concord just 326 00:15:18,320 --> 00:15:21,000 Speaker 3: back to my fascination with the boom supersonic test flights 327 00:15:21,080 --> 00:15:23,440 Speaker 3: that were taking place over the Mohave Desert in the 328 00:15:23,520 --> 00:15:25,600 Speaker 3: last couple of hours. They were successful. There were three 329 00:15:25,600 --> 00:15:27,680 Speaker 3: times they cracked the speed of sound, so that's good. 330 00:15:27,720 --> 00:15:30,360 Speaker 3: MAC one twelve hundred and thirty five K's. The important 331 00:15:30,360 --> 00:15:32,160 Speaker 3: point is this was a prototype. They want to make 332 00:15:32,160 --> 00:15:35,400 Speaker 3: a thing called the Overture. They think by next decade, 333 00:15:35,440 --> 00:15:37,800 Speaker 3: in other words, five sixty years away and they'll take 334 00:15:37,840 --> 00:15:40,320 Speaker 3: sixty five passengers on that plane, which will give you 335 00:15:40,360 --> 00:15:42,320 Speaker 3: some sort of indication as to how expensive the ticket 336 00:15:42,360 --> 00:15:45,360 Speaker 3: will be. They will eventually, they claim, produce thirty three 337 00:15:45,400 --> 00:15:47,000 Speaker 3: aircraft a year, and double that when they get a 338 00:15:47,000 --> 00:15:50,200 Speaker 3: second assembly line added. This was all taking place in 339 00:15:50,240 --> 00:15:52,400 Speaker 3: the same airspace that Chuck Yaeger broke the sound back 340 00:15:52,400 --> 00:15:55,840 Speaker 3: in nineteen forty seven originally. So they want to go eventually. 341 00:15:55,920 --> 00:15:58,240 Speaker 3: So they've cracked Mac one. They want to go to 342 00:15:58,280 --> 00:16:01,120 Speaker 3: one point seven before they commercial, so we wish them 343 00:16:01,120 --> 00:16:05,920 Speaker 3: well twenty three minutes away from seven. Speaking of technology, 344 00:16:06,080 --> 00:16:08,280 Speaker 3: the American market seems, as Andrew told us a couple 345 00:16:08,280 --> 00:16:10,800 Speaker 3: of moments ago, to have got over themselves this time yesterday, 346 00:16:10,800 --> 00:16:12,640 Speaker 3: of course, to freak out over Deep Seek was on 347 00:16:12,720 --> 00:16:14,800 Speaker 3: as cheap and cheerful AI to all out of China, 348 00:16:14,840 --> 00:16:17,160 Speaker 3: but took a lot of as my surprise, New Zealand 349 00:16:17,200 --> 00:16:20,040 Speaker 3: superannuation from that took a hippy yesterday. In video, of course, 350 00:16:20,080 --> 00:16:23,360 Speaker 3: of at Bath Craig's Investment Partners Director Mark Lister is 351 00:16:23,360 --> 00:16:25,040 Speaker 3: with us on this. Marke, Very good morning to you. 352 00:16:26,040 --> 00:16:27,400 Speaker 9: Morning Mike, hey going. 353 00:16:27,240 --> 00:16:28,880 Speaker 3: Well, thank you. What do you make of yesterday when 354 00:16:28,920 --> 00:16:29,600 Speaker 3: it unfolded. 355 00:16:31,280 --> 00:16:34,080 Speaker 14: It was a pretty big day, wasn't it. I guess 356 00:16:34,080 --> 00:16:38,000 Speaker 14: what was interesting was the reason for the moves, and 357 00:16:38,080 --> 00:16:40,480 Speaker 14: I guess the concentration of the moves, you know, deep 358 00:16:40,600 --> 00:16:44,320 Speaker 14: seeks model. What surprised everybody is that it seems to 359 00:16:44,400 --> 00:16:47,360 Speaker 14: run on less advanced chips and they can seem to 360 00:16:47,360 --> 00:16:48,640 Speaker 14: do it with lower costs. 361 00:16:48,680 --> 00:16:50,000 Speaker 2: So I guess. 362 00:16:49,720 --> 00:16:51,920 Speaker 14: That's a good thing and a big picture sense. You 363 00:16:51,920 --> 00:16:55,479 Speaker 14: think about productivity, you think about some of the advancers 364 00:16:55,480 --> 00:16:59,160 Speaker 14: with AI overall. But not great for Nvidia because they've 365 00:16:59,160 --> 00:17:04,160 Speaker 14: obviously built a biness about selling these very very speedy chips, 366 00:17:04,200 --> 00:17:07,040 Speaker 14: and with that stock having become the biggest in the 367 00:17:07,119 --> 00:17:11,119 Speaker 14: market and having had a cracking run these last two years, 368 00:17:11,280 --> 00:17:15,240 Speaker 14: it took a bath, as did anything in that semiconductor space. 369 00:17:15,359 --> 00:17:18,240 Speaker 14: So a bit of a recovery today. But yeah, definitely 370 00:17:18,240 --> 00:17:19,520 Speaker 14: interesting what you're seeing out there. 371 00:17:19,600 --> 00:17:21,399 Speaker 3: So what have we learned about in video? Are they 372 00:17:21,440 --> 00:17:23,879 Speaker 3: gouging the market and ripping us off or they just 373 00:17:23,920 --> 00:17:25,760 Speaker 3: don't know what they're doing compared to the Chinese when 374 00:17:25,800 --> 00:17:27,160 Speaker 3: it comes to making stuff. 375 00:17:28,000 --> 00:17:29,840 Speaker 14: Now, I don't think it's that. I think it's that 376 00:17:30,000 --> 00:17:34,520 Speaker 14: the AI models, if these Chinese ones are everything they 377 00:17:34,560 --> 00:17:36,919 Speaker 14: claim to be, they will be able to run on 378 00:17:37,040 --> 00:17:40,840 Speaker 14: less powerful chips and obviously within video which remember it 379 00:17:40,880 --> 00:17:44,040 Speaker 14: was up two hundred and forty twenty twenty three, then 380 00:17:44,080 --> 00:17:46,840 Speaker 14: it was up another one hundred and seventy in twenty 381 00:17:46,880 --> 00:17:50,399 Speaker 14: twenty four, So it's been a stellar run, and that 382 00:17:50,520 --> 00:17:53,080 Speaker 14: share price is baking in a huge amount of growth 383 00:17:53,160 --> 00:17:55,960 Speaker 14: on the assumption that everyone will need to buy these 384 00:17:56,080 --> 00:17:59,520 Speaker 14: really grunty chips to make all this new AI stuff work. 385 00:18:00,080 --> 00:18:02,320 Speaker 14: It's not the case an is AI that can run 386 00:18:02,400 --> 00:18:06,359 Speaker 14: on slower chips and it's more efficient. Then that growth 387 00:18:06,359 --> 00:18:09,920 Speaker 14: comes into question, which means the share price is potentially 388 00:18:10,000 --> 00:18:10,879 Speaker 14: a little overcooked. 389 00:18:11,080 --> 00:18:13,040 Speaker 3: So how much of that So it's a two part question. 390 00:18:13,119 --> 00:18:15,920 Speaker 3: How much of the nvidio's story in general is based 391 00:18:15,960 --> 00:18:18,800 Speaker 3: on just sheer hyper noise, kind of like Tesla stock 392 00:18:19,440 --> 00:18:22,640 Speaker 3: versus when you look at Deep Seek yesterday, it's all 393 00:18:22,680 --> 00:18:25,119 Speaker 3: pro Chinese. It doesn't work that well anyway, It's a 394 00:18:25,119 --> 00:18:27,280 Speaker 3: bit basic. So what are we looking at? Are we 395 00:18:27,320 --> 00:18:29,480 Speaker 3: looking at the possibility or we looking at reality? 396 00:18:31,200 --> 00:18:32,920 Speaker 14: I think that's one of the questions that we don't 397 00:18:32,920 --> 00:18:35,639 Speaker 14: know the answer to just yet. To be honest, the 398 00:18:36,000 --> 00:18:39,960 Speaker 14: deep Seak stuff it does look hugely exciting and some 399 00:18:40,119 --> 00:18:43,719 Speaker 14: of the independent tests also support what they're telling us. 400 00:18:43,800 --> 00:18:46,200 Speaker 14: But it was a bit of a knee jerk reaction 401 00:18:46,359 --> 00:18:48,240 Speaker 14: and I think you know in video is not going 402 00:18:48,280 --> 00:18:51,000 Speaker 14: to become Beta Max overnight, is it. They've still got 403 00:18:51,000 --> 00:18:54,840 Speaker 14: a very strong business, Their products are exceptional, and I 404 00:18:54,840 --> 00:18:58,160 Speaker 14: think there's still is a real need for them. It's 405 00:18:58,240 --> 00:19:01,280 Speaker 14: maybe just become a little bit more vulnerable because of 406 00:19:02,240 --> 00:19:06,200 Speaker 14: the sheer strength of its sheer price performance. 407 00:19:05,880 --> 00:19:07,200 Speaker 6: Over the last year or two. 408 00:19:07,320 --> 00:19:09,480 Speaker 2: So time will tell. 409 00:19:09,680 --> 00:19:12,320 Speaker 3: Always a pleasure Marke appreciate it. Mark Lister, Craig's investment 410 00:19:12,400 --> 00:19:15,879 Speaker 3: Partners directed nineteen minutes away from seven Paski which we 411 00:19:15,960 --> 00:19:19,080 Speaker 3: got a French language AI chatbot, which was of course 412 00:19:19,119 --> 00:19:22,280 Speaker 3: backed by the French government, signed off by Macron no less, 413 00:19:22,400 --> 00:19:26,840 Speaker 3: a Linigora group, part of a consortium developing a model 414 00:19:26,880 --> 00:19:30,800 Speaker 3: called Lucy. It remains an academic research project in its 415 00:19:30,840 --> 00:19:34,240 Speaker 3: early stages, released prematurely unfortunately because what happened yesterday. It 416 00:19:34,280 --> 00:19:37,399 Speaker 3: was all embarrassing asking the chatbot to tell them about 417 00:19:37,440 --> 00:19:40,679 Speaker 3: cows eggs, and it said cows eggs, also known as 418 00:19:40,760 --> 00:19:43,919 Speaker 3: chicken eggs, are edible eggs by cows. Cows eggs are 419 00:19:43,960 --> 00:19:46,280 Speaker 3: a source of protein and nutrients and are considered to 420 00:19:46,359 --> 00:19:49,440 Speaker 3: be a healthy and nutritious food. Then they asked her 421 00:19:49,440 --> 00:19:52,800 Speaker 3: to multiply five by three plus two. The answer, of course, 422 00:19:52,840 --> 00:19:56,000 Speaker 3: is twenty five. She said it was seventeen. Also said 423 00:19:56,000 --> 00:19:59,200 Speaker 3: that the square root of a goat is won So 424 00:19:59,400 --> 00:20:02,240 Speaker 3: Macron just pile the fifty four billion euros into that. 425 00:20:02,440 --> 00:20:04,000 Speaker 13: So are you saying that the square rid of a 426 00:20:04,080 --> 00:20:04,800 Speaker 13: goat is not one? 427 00:20:04,920 --> 00:20:07,639 Speaker 3: It's going well, isn't it. Eighteen minutes away from seven. 428 00:20:08,160 --> 00:20:12,800 Speaker 1: The mic Asking Breakfast Full Show podcast on iHeartRadio powered 429 00:20:12,800 --> 00:20:13,560 Speaker 1: by News Talks. 430 00:20:13,560 --> 00:20:15,800 Speaker 3: It'd be just before we leave aviation. I note that 431 00:20:15,840 --> 00:20:17,960 Speaker 3: Boeing were trying to talk themselves up to the markets, 432 00:20:18,400 --> 00:20:20,400 Speaker 3: but we got an eye opening figure just to give 433 00:20:20,400 --> 00:20:22,840 Speaker 3: you an indication as to how bad it's got for Boeing. 434 00:20:23,640 --> 00:20:27,600 Speaker 3: A dreadful year by any measure is what they're saying. 435 00:20:27,640 --> 00:20:33,520 Speaker 3: But they lost nearly a billion dollars a month every 436 00:20:33,600 --> 00:20:36,320 Speaker 3: month last year sixteen to two. 437 00:20:37,040 --> 00:20:40,119 Speaker 1: International correspondence with Ends and Eye Insurance. 438 00:20:40,280 --> 00:20:42,280 Speaker 2: Peace of mind for New Zealand business. 439 00:20:42,280 --> 00:20:45,280 Speaker 3: The State Riginal, Happy New Year, How are you, thanks, Mike, 440 00:20:45,400 --> 00:20:49,200 Speaker 3: Welcome back, No worries, Deep sick. Yeah, there's a lot 441 00:20:49,240 --> 00:20:49,480 Speaker 3: to this. 442 00:20:49,640 --> 00:20:52,679 Speaker 8: As you just started to discuss Wall Street, is I 443 00:20:52,680 --> 00:20:56,680 Speaker 8: guess sort of spelling what happened? Angsting a bit over 444 00:20:56,720 --> 00:21:01,800 Speaker 8: what's next? You know there there is a slight improvement 445 00:21:01,800 --> 00:21:04,679 Speaker 8: in the stop price for Nvidia, this maker of some 446 00:21:04,720 --> 00:21:06,520 Speaker 8: of the chips are up a few points on the market. 447 00:21:06,520 --> 00:21:09,720 Speaker 8: But against that backdrop where that company saw what some 448 00:21:09,800 --> 00:21:12,880 Speaker 8: six hundred billion US of its market value disappearing their 449 00:21:12,880 --> 00:21:15,680 Speaker 8: boss and Jensen Wang saw his net worth four by 450 00:21:15,960 --> 00:21:18,920 Speaker 8: twenty one billion US dollars only money, right, and all 451 00:21:18,960 --> 00:21:23,119 Speaker 8: the thanks to were this Chinese startup Deep Seek. So 452 00:21:23,160 --> 00:21:26,040 Speaker 8: instead of worrying about TikTok dance videos and the Chinese 453 00:21:26,040 --> 00:21:28,400 Speaker 8: tracking folks who watch those things, and now a little 454 00:21:28,440 --> 00:21:30,960 Speaker 8: bit concerned about AI chips that match the performance of 455 00:21:30,960 --> 00:21:33,800 Speaker 8: the American versions had a teeny tiny fraction of the cost. 456 00:21:34,200 --> 00:21:36,600 Speaker 8: All this has drawn the focus of President Trump now 457 00:21:36,680 --> 00:21:37,399 Speaker 8: who says. 458 00:21:37,320 --> 00:21:42,159 Speaker 15: The release of deep Seek AI from a Chinese company 459 00:21:42,200 --> 00:21:44,840 Speaker 15: should be a wake up call for our industries that 460 00:21:44,880 --> 00:21:48,080 Speaker 15: we need to be laser focused on competing to wind. 461 00:21:48,440 --> 00:21:51,359 Speaker 8: So instead of rounding up Mexican farm workers dicking about 462 00:21:51,359 --> 00:21:54,080 Speaker 8: buying greenland and kicking trans people out of the military. 463 00:21:54,080 --> 00:21:56,000 Speaker 8: They are worried now that the US could lose its 464 00:21:56,040 --> 00:22:00,800 Speaker 8: technological edge. Sam Altman, whose company created chat Ji, says 465 00:22:00,840 --> 00:22:04,280 Speaker 8: he is impressed by the scrappy Chinese version. He's been 466 00:22:04,320 --> 00:22:07,480 Speaker 8: warning about some aspects of the spread of AI technology. 467 00:22:07,560 --> 00:22:10,560 Speaker 3: This will be the greatest technology humanity has yet developed. 468 00:22:10,840 --> 00:22:13,720 Speaker 3: We do worry a lot about authoritarian governments. 469 00:22:13,800 --> 00:22:17,360 Speaker 8: Well, Republicans speaker Mike Johnson is pointing some fingers at 470 00:22:17,400 --> 00:22:18,520 Speaker 8: Beijing with it all. 471 00:22:18,560 --> 00:22:21,240 Speaker 16: They abuse the system, they steal our intellectual property. 472 00:22:21,240 --> 00:22:24,320 Speaker 2: They're now trying to get a leg up on us 473 00:22:24,320 --> 00:22:24,720 Speaker 2: on AI. 474 00:22:24,840 --> 00:22:27,240 Speaker 8: Yeah, that sort of verbal swiping isn't going to change much, 475 00:22:27,320 --> 00:22:30,639 Speaker 8: is that. The Chinese company says that their version was 476 00:22:30,680 --> 00:22:33,560 Speaker 8: developed for less than six billion US dollars. They say 477 00:22:33,560 --> 00:22:36,880 Speaker 8: they use cheaper chips, less energy. That investment is a 478 00:22:37,119 --> 00:22:40,800 Speaker 8: fraction of the some spent by Silicon Valley, Google, Meta 479 00:22:40,840 --> 00:22:43,120 Speaker 8: and open Ai is said to be putting together reviews 480 00:22:43,160 --> 00:22:47,040 Speaker 8: to find how they're being beaten. The American companies already 481 00:22:47,080 --> 00:22:49,600 Speaker 8: have spent tens of billions of dollars putting together the 482 00:22:49,600 --> 00:22:52,760 Speaker 8: infrastructure they thought was needed for the next step. Open 483 00:22:52,800 --> 00:22:56,280 Speaker 8: Ai just announced a five hundred billion dollar joint venture 484 00:22:56,320 --> 00:22:58,960 Speaker 8: with Oracle and soft Bank. So why would anyone want 485 00:22:58,960 --> 00:23:01,720 Speaker 8: to pay high price for high priced American models when 486 00:23:01,720 --> 00:23:04,280 Speaker 8: a Chinese version can do much the same for pennies 487 00:23:04,400 --> 00:23:06,640 Speaker 8: or at least almost the same thing. You know when 488 00:23:06,680 --> 00:23:09,359 Speaker 8: you ask the Chinese version what happened at Tieneman Square 489 00:23:09,840 --> 00:23:13,800 Speaker 8: where protesters fought Weare's officials in nineteen eighty nine and 490 00:23:13,840 --> 00:23:16,400 Speaker 8: where the Red Cross estimates around twenty six hundred people 491 00:23:16,400 --> 00:23:16,800 Speaker 8: were killed. 492 00:23:16,840 --> 00:23:18,040 Speaker 17: Deep seat replies. 493 00:23:17,720 --> 00:23:21,400 Speaker 8: Quote, I am an AI assistant designed to provide helpful 494 00:23:21,440 --> 00:23:25,200 Speaker 8: and harmless responses. Then it reviewses to say anything further. 495 00:23:25,280 --> 00:23:29,040 Speaker 8: So fake news cover ups history rewrites government propaganda. We're 496 00:23:29,040 --> 00:23:30,360 Speaker 8: in a new age, aren't we. 497 00:23:30,359 --> 00:23:32,760 Speaker 3: We are indeed probably proof that sanctions don't work on either. 498 00:23:32,800 --> 00:23:35,840 Speaker 3: Now this train incident with the person push and where 499 00:23:35,880 --> 00:23:37,480 Speaker 3: are we at with that boy? 500 00:23:37,560 --> 00:23:39,840 Speaker 8: This is interesting. We're hearing from the man who suffered 501 00:23:39,880 --> 00:23:41,800 Speaker 8: what must be one of the ultimate New York night 502 00:23:41,840 --> 00:23:45,280 Speaker 8: Miss Joe Linsky. We're standing on a subway platform waiting 503 00:23:45,280 --> 00:23:47,399 Speaker 8: for his train, which was just moments away, when a 504 00:23:47,480 --> 00:23:50,359 Speaker 8: random guy came up behind him pushed him violently onto 505 00:23:50,480 --> 00:23:51,880 Speaker 8: the tracks. As a witness, it. 506 00:23:51,880 --> 00:23:55,320 Speaker 18: Was absolutely valent just pushing him onto the tracks. The 507 00:23:55,400 --> 00:23:57,080 Speaker 18: man screamed as he was following. 508 00:23:57,200 --> 00:23:59,560 Speaker 8: Well, Joe Linsky says, with a second or two, the 509 00:23:59,600 --> 00:24:02,480 Speaker 8: train was right on top of him. Somehow's he survived. 510 00:24:02,480 --> 00:24:03,480 Speaker 8: He says, he thought. 511 00:24:03,320 --> 00:24:05,040 Speaker 2: I've been pushed and I'm going to die. 512 00:24:05,160 --> 00:24:05,920 Speaker 3: Well, he came close. 513 00:24:05,960 --> 00:24:08,679 Speaker 8: He had a factured skull, four broken ribs, of ruptured spleen, 514 00:24:08,720 --> 00:24:11,960 Speaker 8: and concussion. He was also about a thum's lengths away 515 00:24:12,080 --> 00:24:14,320 Speaker 8: from the electrified third rail, and if he touched that 516 00:24:14,400 --> 00:24:17,800 Speaker 8: thing he would die instantly. Somehow, two subway rescuers came 517 00:24:17,840 --> 00:24:19,359 Speaker 8: to his aid and managed to pick him off the 518 00:24:19,400 --> 00:24:23,160 Speaker 8: track between cars, and when that witness heard that he 519 00:24:23,440 --> 00:24:26,199 Speaker 8: had survived, she burst into tears. Simply couldn't believe what 520 00:24:26,320 --> 00:24:26,800 Speaker 8: was going on. 521 00:24:26,880 --> 00:24:30,199 Speaker 4: I don't know how, I don't know, I don't know how. 522 00:24:30,440 --> 00:24:33,000 Speaker 8: Yeah, no one knows. Joe Lynsky still is recovering, while 523 00:24:33,040 --> 00:24:36,080 Speaker 8: his random attacker is twenty three year old fellow long 524 00:24:36,119 --> 00:24:38,560 Speaker 8: criminal record who now is charged with attempted murder and 525 00:24:38,720 --> 00:24:41,639 Speaker 8: is pleading not guilty. Seriously, there is stationed video of 526 00:24:41,640 --> 00:24:44,040 Speaker 8: this whole horror story in Lynsky says he has few 527 00:24:44,080 --> 00:24:46,200 Speaker 8: thoughts about that man who almost killed him. He says 528 00:24:46,200 --> 00:24:47,760 Speaker 8: he wants to focus on his future. 529 00:24:47,880 --> 00:24:49,359 Speaker 2: So impressive. 530 00:24:49,440 --> 00:24:52,040 Speaker 3: Seere Friday, Richard Arnold stateside, by the way, just before 531 00:24:52,040 --> 00:24:54,640 Speaker 3: we leave the States, do J the fired a whole 532 00:24:54,640 --> 00:24:57,400 Speaker 3: bunch of officials that went after Trump. Jacksmith gone, of course, 533 00:24:57,440 --> 00:24:59,920 Speaker 3: But those people who chased them down for Washington, Gen 534 00:25:00,119 --> 00:25:02,920 Speaker 3: six and the business of the papers in South Florida, 535 00:25:03,280 --> 00:25:06,080 Speaker 3: they've tracked a few of those down. They've lost their job. 536 00:25:06,760 --> 00:25:10,480 Speaker 3: Executive order on the US military, those who got sacked 537 00:25:10,520 --> 00:25:12,479 Speaker 3: or had to leave because of the COVID nineteen vaxine. 538 00:25:12,480 --> 00:25:15,520 Speaker 3: The mandates they will getting back in and they get 539 00:25:15,560 --> 00:25:19,920 Speaker 3: back pay, full back pay and benefits. So that's interesting. 540 00:25:19,960 --> 00:25:22,159 Speaker 3: And he also wants to sign an executive order on 541 00:25:22,200 --> 00:25:24,719 Speaker 3: an iron dome. Very Israeli sign it up on an 542 00:25:24,760 --> 00:25:27,280 Speaker 3: iron dome. The DEI things going. Do you think the DEI? 543 00:25:27,840 --> 00:25:31,240 Speaker 3: Quick question? Do you think the DEI phase we can 544 00:25:31,320 --> 00:25:33,400 Speaker 3: thank them for if it ends completely? Because you see 545 00:25:33,400 --> 00:25:35,919 Speaker 3: all the companies are from Harley Davidson to Target to 546 00:25:35,920 --> 00:25:38,080 Speaker 3: Walmart and all of them are backing out. Now, do 547 00:25:38,119 --> 00:25:40,720 Speaker 3: you think we'll look back on the DEI era as 548 00:25:40,760 --> 00:25:45,400 Speaker 3: a complete and utter act of foolry or not get 549 00:25:45,480 --> 00:25:46,000 Speaker 3: away from. 550 00:25:45,840 --> 00:25:49,640 Speaker 1: Serven the make Hosking breakfast with the Range, Rover Villa 551 00:25:49,960 --> 00:25:50,840 Speaker 1: news togs, dead b. 552 00:25:51,280 --> 00:25:53,959 Speaker 3: Mike Hark and Hipkinsay nationalist driven the New Zealand economy 553 00:25:53,960 --> 00:25:55,960 Speaker 3: off a cliff with the straight face, he's the arsonist 554 00:25:56,000 --> 00:25:57,960 Speaker 3: blaming the fire on the firefighters. Finally, should say that 555 00:25:58,000 --> 00:26:01,440 Speaker 3: I was watching Parliament yesterday and I thought to myself, 556 00:26:01,480 --> 00:26:03,520 Speaker 3: it's I would run that line if I was him, 557 00:26:04,119 --> 00:26:06,960 Speaker 3: because anyone with the brain, of course, knows full well 558 00:26:07,080 --> 00:26:10,280 Speaker 3: the reality and this lot have inherited his disaster. But 559 00:26:11,000 --> 00:26:13,199 Speaker 3: not everyone has a brain, and if you say it 560 00:26:13,200 --> 00:26:16,160 Speaker 3: often enough, it's entirely possible you'll full a couple of people. 561 00:26:16,200 --> 00:26:17,359 Speaker 3: But I was going to raise that with Mark and 562 00:26:17,440 --> 00:26:20,560 Speaker 3: Ginny after eight o'clock. Mike, my Ferrari shares are going 563 00:26:20,560 --> 00:26:22,280 Speaker 3: nowhere at present? Have you got a view? 564 00:26:22,359 --> 00:26:22,720 Speaker 5: Well? I do. 565 00:26:22,800 --> 00:26:25,160 Speaker 3: Indeed, over the last six months, I know Ferrari shares 566 00:26:25,160 --> 00:26:27,159 Speaker 3: are up about eight percent, but on the year they're flat. 567 00:26:27,640 --> 00:26:30,639 Speaker 3: Will Lewis Hamilton drive them back to the front of 568 00:26:30,640 --> 00:26:34,399 Speaker 3: the grid and help sales? Fair question? No, So I 569 00:26:34,480 --> 00:26:38,240 Speaker 3: don't link Hamilton with shares in any way, shape or form. 570 00:26:38,280 --> 00:26:39,639 Speaker 3: What they do on the track has got nothing to 571 00:26:39,680 --> 00:26:41,119 Speaker 3: do with what the shares do. What the shares do 572 00:26:41,200 --> 00:26:42,560 Speaker 3: is based on whether or not there's a lot of 573 00:26:42,560 --> 00:26:43,800 Speaker 3: people with a lot of money you want to buy 574 00:26:43,800 --> 00:26:47,240 Speaker 3: flash carts. And Lewis Hamilton. I was watching him last week. 575 00:26:47,520 --> 00:26:50,280 Speaker 3: He was at Marinello doing some testing, very limited testing 576 00:26:51,080 --> 00:26:53,920 Speaker 3: because there are weird rules that basically mean you can't 577 00:26:54,040 --> 00:26:55,760 Speaker 3: do a lot of testing. He's got to be in 578 00:26:55,800 --> 00:26:58,280 Speaker 3: an old car, he can't use specific tires. So we 579 00:26:58,320 --> 00:27:01,520 Speaker 3: went round around. Huge crowd, turn massive crowd turned out 580 00:27:01,800 --> 00:27:03,720 Speaker 3: the photo. Look it up if you never saw it. 581 00:27:03,760 --> 00:27:06,520 Speaker 3: He was wearing Ferragamo and he had a sort of 582 00:27:06,520 --> 00:27:09,280 Speaker 3: a Godfather photo shoot in front of an F forty 583 00:27:09,280 --> 00:27:12,439 Speaker 3: in front of Enzo's old house. And that is the 584 00:27:12,720 --> 00:27:17,520 Speaker 3: most light loved shared Instagram photo of F one in 585 00:27:17,600 --> 00:27:21,480 Speaker 3: the history of F one. And he made a black suit, 586 00:27:21,560 --> 00:27:24,359 Speaker 3: double breasted with an overcoat look quite cool anyway, So 587 00:27:24,400 --> 00:27:26,280 Speaker 3: I wish him well for the season. It'll be. It'll be, 588 00:27:26,359 --> 00:27:30,240 Speaker 3: and I think everyone agrees the most exciting IF One 589 00:27:30,320 --> 00:27:35,560 Speaker 3: season in decades, five away from seven, all. 590 00:27:35,400 --> 00:27:38,480 Speaker 2: The ins and the ouse. It's the fiz. 591 00:27:38,359 --> 00:27:42,080 Speaker 1: With business fiber, take your business productivity to the next level. 592 00:27:42,080 --> 00:27:44,040 Speaker 3: But I've got an ipsoft survey on housing. This is 593 00:27:44,080 --> 00:27:47,240 Speaker 3: international stuff, twenty two thousand people, thirty countries. It's all online, 594 00:27:47,280 --> 00:27:49,399 Speaker 3: So could it be as dodgy as all hell? Anyway? 595 00:27:49,480 --> 00:27:51,240 Speaker 3: So what have we got here? As far as we're 596 00:27:51,280 --> 00:27:54,040 Speaker 3: concerned New Zealand, seventy four percent of us feel our 597 00:27:54,040 --> 00:27:55,800 Speaker 3: parents had it better in terms of finding a place 598 00:27:55,800 --> 00:27:58,080 Speaker 3: to buy a rent, which is probably true. That's up 599 00:27:58,080 --> 00:28:00,000 Speaker 3: to eighty one percent of your under thirty five. Under 600 00:28:00,040 --> 00:28:03,639 Speaker 3: thirty five miserable as second highest in the world, behind 601 00:28:03,640 --> 00:28:06,480 Speaker 3: the Netherlands and above the global average. You see, smoking 602 00:28:06,520 --> 00:28:08,600 Speaker 3: that marijuana does nothing for you in the Netherlands, even 603 00:28:08,600 --> 00:28:10,320 Speaker 3: if you smoke a lot of marijuana at the cafes, 604 00:28:10,320 --> 00:28:13,080 Speaker 3: and you're still not more optimistic about your housing prospects. 605 00:28:13,119 --> 00:28:16,720 Speaker 3: Are you large countries above the global average in general? 606 00:28:16,760 --> 00:28:19,160 Speaker 3: In other words, large countries have expensive housing. Under thirty 607 00:28:19,160 --> 00:28:22,040 Speaker 3: five is not happy in your large countries Australia eighty percent, 608 00:28:22,440 --> 00:28:25,360 Speaker 3: US seventy four, Canada seventy two, the UK seventy one. 609 00:28:25,760 --> 00:28:28,760 Speaker 3: Back here, seventy seven percent of US think young people 610 00:28:28,840 --> 00:28:31,240 Speaker 3: have a hard time affording their own home, even if 611 00:28:31,280 --> 00:28:33,840 Speaker 3: they're working hard in a good job. Two thirds of 612 00:28:33,920 --> 00:28:36,280 Speaker 3: renters don't believe they'll ever be able to afford a 613 00:28:36,320 --> 00:28:38,400 Speaker 3: home of their own. Chris Bishop wants to make it 614 00:28:38,440 --> 00:28:40,720 Speaker 3: all affordable, of course, but the surveys found that's fifty 615 00:28:40,720 --> 00:28:42,760 Speaker 3: four percent of us think the government's on the row 616 00:28:42,760 --> 00:28:45,560 Speaker 3: on track to making housing affordable. How does the government 617 00:28:45,560 --> 00:28:48,360 Speaker 3: make housing affordable? I mean short of the government going 618 00:28:48,400 --> 00:28:51,640 Speaker 3: will pay your mortgage. I mean think about the forces 619 00:28:51,680 --> 00:28:54,320 Speaker 3: in play. Number of houses. They can probably affect the 620 00:28:54,400 --> 00:28:57,920 Speaker 3: number of houses, interest rates that's reserved bank. They're independence. 621 00:28:57,960 --> 00:29:00,240 Speaker 3: I mean this whole business the government got themselves poked 622 00:29:00,280 --> 00:29:03,120 Speaker 3: into the business of we'll make housing affordable, knowing full 623 00:29:03,160 --> 00:29:06,360 Speaker 3: well they never can. Anyway, we are overall, you'll be 624 00:29:06,400 --> 00:29:10,240 Speaker 3: thrilled to know housing aside happy. Seventy three percent of 625 00:29:10,280 --> 00:29:13,000 Speaker 3: us are happy with our current living situation. Fifty seven 626 00:29:13,000 --> 00:29:15,280 Speaker 3: percent of renterer say they're happy. Global average is only 627 00:29:15,320 --> 00:29:19,040 Speaker 3: forty seven percent, So if you're a renter here, you're happy. Comparatively, 628 00:29:19,440 --> 00:29:22,520 Speaker 3: forty seven percent believe house prices increased last year. Wrong, 629 00:29:22,600 --> 00:29:26,600 Speaker 3: They didn't mind you on individual stories versus averages. Always 630 00:29:26,680 --> 00:29:30,000 Speaker 3: be careful. We prefer a detached house in suburbia. See's 631 00:29:30,000 --> 00:29:32,880 Speaker 3: why you can't afford a house, because I'd like to 632 00:29:32,880 --> 00:29:36,080 Speaker 3: detached house in suburba with a wine cellar and some 633 00:29:36,160 --> 00:29:39,840 Speaker 3: windoor outdoor flavor, and I can't have ruled one. We're 634 00:29:39,880 --> 00:29:41,479 Speaker 3: not too keen on living in the unier city. Well 635 00:29:41,480 --> 00:29:44,480 Speaker 3: there's your problem. Get a one, Betty, and stop whining. 636 00:29:44,880 --> 00:29:46,880 Speaker 3: News for you in a couple of moments. Then we'll 637 00:29:46,880 --> 00:29:49,880 Speaker 3: talk to the police commissioner about more jobs, their executive jobs, 638 00:29:49,880 --> 00:29:51,720 Speaker 3: going more details for you shortly. 639 00:29:52,960 --> 00:29:55,840 Speaker 2: News, opinion and everything in between. 640 00:29:56,160 --> 00:30:00,520 Speaker 1: The mic hosting Breakfast with a Veda, Retirement, Communities, Life, 641 00:30:00,680 --> 00:30:01,800 Speaker 1: your Way, news togs. 642 00:30:01,800 --> 00:30:03,720 Speaker 3: He'd been well seven past seven. Some more jobs to 643 00:30:03,720 --> 00:30:06,120 Speaker 3: go at the police thirty seven executive roles this time, 644 00:30:06,120 --> 00:30:07,880 Speaker 3: although when you add it all up, it's a net 645 00:30:07,880 --> 00:30:10,680 Speaker 3: seventeen loss comes out of comments apparently last year that 646 00:30:10,720 --> 00:30:13,520 Speaker 3: a restructure was needed. The Police Commissioner, Richard Chambers is 647 00:30:13,520 --> 00:30:15,959 Speaker 3: with this. Richard, very good morning to you. 648 00:30:16,080 --> 00:30:16,880 Speaker 19: Good morning Mike. 649 00:30:17,080 --> 00:30:19,800 Speaker 3: Now for those losing their job, very said news obviously, 650 00:30:19,840 --> 00:30:21,960 Speaker 3: and that applies every time it happens. But a net 651 00:30:22,000 --> 00:30:24,080 Speaker 3: seventeen's hardly the end of the world. And something the 652 00:30:24,120 --> 00:30:25,040 Speaker 3: size of the police. 653 00:30:24,760 --> 00:30:28,360 Speaker 19: Forces, we're a big organization and who've got a massive 654 00:30:28,440 --> 00:30:30,360 Speaker 19: job to do. But I said on my first day 655 00:30:30,480 --> 00:30:32,880 Speaker 19: in this role at the end of November that you 656 00:30:32,880 --> 00:30:35,720 Speaker 19: know there would be a restructure restructure at some point. 657 00:30:35,760 --> 00:30:38,880 Speaker 19: I outlined my priority is very focused on the front line, 658 00:30:38,920 --> 00:30:43,840 Speaker 19: and this proposal was about me saying to the organization 659 00:30:43,920 --> 00:30:45,960 Speaker 19: and externally what I think we need going forward and 660 00:30:46,120 --> 00:30:47,400 Speaker 19: invite some feedback on it. 661 00:30:47,600 --> 00:30:50,320 Speaker 3: So with a net seventeen loss is this is surely 662 00:30:50,320 --> 00:30:52,479 Speaker 3: it is not about money. It's about organization, isn't it. 663 00:30:53,520 --> 00:30:57,520 Speaker 19: Yeah, absolutely it's not. But this opportunity does allow us 664 00:30:57,560 --> 00:31:00,920 Speaker 19: to reinvest in the front line, being very clear that 665 00:31:00,920 --> 00:31:04,200 Speaker 19: that's a particular priority for me. Supporting our front line. 666 00:31:04,240 --> 00:31:07,080 Speaker 19: They are the men a woman who deliver police services 667 00:31:07,080 --> 00:31:09,360 Speaker 19: across the country and I believe by trimming down the 668 00:31:09,440 --> 00:31:12,280 Speaker 19: executive and putting the resources into the right places that 669 00:31:12,400 --> 00:31:13,600 Speaker 19: we get better outcomes. 670 00:31:13,760 --> 00:31:15,880 Speaker 3: So what does the next seventeen lost financially mean for 671 00:31:15,920 --> 00:31:19,000 Speaker 3: the front line in terms of numbers, then I. 672 00:31:18,920 --> 00:31:21,840 Speaker 19: Haven't quantified that, but as part of my priorities, I've 673 00:31:21,840 --> 00:31:24,160 Speaker 19: said that supporting thistline in terms of this safety and 674 00:31:24,200 --> 00:31:26,880 Speaker 19: their well being is two areas that I'm particularly interested in. 675 00:31:26,920 --> 00:31:29,560 Speaker 19: They've got a tough job to do. And so by 676 00:31:29,600 --> 00:31:33,640 Speaker 19: trimming down the executives and reinvesting those savings into districts 677 00:31:33,640 --> 00:31:37,120 Speaker 19: and supporting district commanders since we possibly can be that's 678 00:31:37,160 --> 00:31:38,960 Speaker 19: what they deserve and that's what they'll be getting under 679 00:31:39,000 --> 00:31:39,560 Speaker 19: my leaders What. 680 00:31:39,520 --> 00:31:41,400 Speaker 3: Did the executive do? I mean, we think of police, 681 00:31:41,440 --> 00:31:43,520 Speaker 3: we think of front line? What do the executive actually do? 682 00:31:43,720 --> 00:31:45,640 Speaker 3: Is it like any other business you need an executive 683 00:31:45,680 --> 00:31:46,280 Speaker 3: to do something? 684 00:31:47,280 --> 00:31:49,680 Speaker 19: Well, yes we do. Of course we need senior layers 685 00:31:49,680 --> 00:31:52,200 Speaker 19: of leadership. I believe that it's bigger than it needs 686 00:31:52,240 --> 00:31:55,200 Speaker 19: to be. So by trimming it down and putting that 687 00:31:55,280 --> 00:31:58,360 Speaker 19: if into other parts of the organization, we still can 688 00:31:58,400 --> 00:32:02,440 Speaker 19: deliver on our function as senioratives. We need to understand 689 00:32:02,440 --> 00:32:06,040 Speaker 19: what policing looks like across the country, the challenges they face, 690 00:32:06,120 --> 00:32:08,120 Speaker 19: and our job is to enable the front line. So 691 00:32:08,960 --> 00:32:12,680 Speaker 19: this is about, you know, putting emphasis on my priorities, 692 00:32:12,720 --> 00:32:15,880 Speaker 19: about a visible leadership, and it's about being connected. So 693 00:32:15,920 --> 00:32:17,560 Speaker 19: we'll trim it down, look out there and. 694 00:32:17,480 --> 00:32:21,200 Speaker 3: We'll good luck with it. Richard Chambers, Please, I appreciate 695 00:32:21,240 --> 00:32:23,040 Speaker 3: your time a z Aways Police Commission. At the moment, 696 00:32:23,080 --> 00:32:25,400 Speaker 3: it's past seven past I'd have some good news. By 697 00:32:25,400 --> 00:32:27,760 Speaker 3: the way, the first press conference of the White House 698 00:32:27,920 --> 00:32:31,320 Speaker 3: is underway. Caroline Lebertt is conducting that we'll have something 699 00:32:31,320 --> 00:32:33,800 Speaker 3: for you in a moment, good news, possibly from the 700 00:32:33,800 --> 00:32:35,960 Speaker 3: old supply chain. We've got to tie up between Hapak, 701 00:32:36,000 --> 00:32:38,840 Speaker 3: Lloyd and MESK. So what does that actually mean for 702 00:32:38,880 --> 00:32:42,240 Speaker 3: this country? Mainframe Managing Director Don Braids with us darn morning. 703 00:32:42,680 --> 00:32:43,360 Speaker 19: Yeah, morning, Mike. 704 00:32:44,120 --> 00:32:45,760 Speaker 3: Have you gone well? Have you got a sense of 705 00:32:45,800 --> 00:32:48,400 Speaker 3: what this looks like and how it will unfold given 706 00:32:48,440 --> 00:32:50,080 Speaker 3: I'm assuming this is not the first time we've had 707 00:32:50,080 --> 00:32:50,640 Speaker 3: an alliance. 708 00:32:52,280 --> 00:32:54,960 Speaker 17: No, there's three major alliances in the world. This is 709 00:32:55,080 --> 00:32:58,480 Speaker 17: just a change of the seats. Emmy c I have 710 00:32:58,640 --> 00:33:02,960 Speaker 17: decided to go along alone. So it puts mrskin hapag 711 00:33:03,040 --> 00:33:06,200 Speaker 17: Lloyd together in a thing they're calling the Gemini Corporation. 712 00:33:06,680 --> 00:33:09,720 Speaker 17: I'm not sure that that means cheaper freight rates. It 713 00:33:09,920 --> 00:33:12,680 Speaker 17: mostly operates on the east to West corridors. 714 00:33:12,720 --> 00:33:14,360 Speaker 6: Anyway. 715 00:33:14,400 --> 00:33:18,040 Speaker 17: What might be the answer for cheaper freight rates is 716 00:33:18,040 --> 00:33:20,959 Speaker 17: that if the Red Sea reopens, then we get quicker 717 00:33:21,000 --> 00:33:25,400 Speaker 17: and faster, more capacity across the world. In terms of 718 00:33:25,960 --> 00:33:27,800 Speaker 17: the service canal opening. 719 00:33:27,520 --> 00:33:29,240 Speaker 3: What do you reckon the chances of that happening are. 720 00:33:31,760 --> 00:33:32,040 Speaker 2: Low. 721 00:33:33,120 --> 00:33:34,880 Speaker 17: It's still unstable up there, isn't it. 722 00:33:34,960 --> 00:33:38,760 Speaker 3: And I mean I was surprised that there isn't more 723 00:33:38,800 --> 00:33:41,080 Speaker 3: interest in it. When it started and I was watching 724 00:33:41,080 --> 00:33:43,120 Speaker 3: these people land from helicopters on the ships. I thought, 725 00:33:43,120 --> 00:33:45,080 Speaker 3: surely someone's going to come and do something about this, 726 00:33:45,160 --> 00:33:45,920 Speaker 3: But they don't seem to it. 727 00:33:48,040 --> 00:33:48,080 Speaker 15: No. 728 00:33:48,320 --> 00:33:51,520 Speaker 17: I think they're running protection more than anything else for 729 00:33:51,600 --> 00:33:54,400 Speaker 17: those vessels that are still transitting through there. But the 730 00:33:55,400 --> 00:33:58,640 Speaker 17: shipping lines found an alternative route, which is longer, of course, 731 00:33:58,680 --> 00:34:01,800 Speaker 17: which reduced capacity, which keep the freight road tie. So 732 00:34:01,840 --> 00:34:03,840 Speaker 17: that's in the interest of the shipping lines, isn't it. 733 00:34:03,840 --> 00:34:05,640 Speaker 3: It isn't need all right, So that's the Red Sea. 734 00:34:05,760 --> 00:34:07,280 Speaker 3: So we're not going to solve that as far as 735 00:34:07,280 --> 00:34:09,759 Speaker 3: this alliance is concerned. What about the business of being 736 00:34:09,800 --> 00:34:13,120 Speaker 3: on time? Does anything improve out of this for us specifically? 737 00:34:13,280 --> 00:34:14,080 Speaker 3: Or we don't know yet. 738 00:34:15,480 --> 00:34:17,439 Speaker 17: I don't think we know. It'll take a long time 739 00:34:17,480 --> 00:34:21,400 Speaker 17: to settle down. I think some of those port rotations 740 00:34:21,440 --> 00:34:23,600 Speaker 17: are still in the old alliance, so it'll be May 741 00:34:23,719 --> 00:34:27,560 Speaker 17: before we'll actually set operating, and it'll run on the 742 00:34:27,600 --> 00:34:30,560 Speaker 17: trans Pacific and into Europe, so it'll be Asia to 743 00:34:30,800 --> 00:34:35,040 Speaker 17: the States and into Europe, not necessarily affecting New Zealand 744 00:34:35,080 --> 00:34:37,719 Speaker 17: or Australia. So you know, we'll be part of a 745 00:34:37,760 --> 00:34:41,120 Speaker 17: transhipment service of that particular service if anything. 746 00:34:41,239 --> 00:34:44,080 Speaker 3: Okay, I was reading somewhere this morning that there's a 747 00:34:44,120 --> 00:34:48,160 Speaker 3: target of ninety percent on time. Currently it's fifty five percent. 748 00:34:48,239 --> 00:34:50,759 Speaker 3: Is that true? In other words, it's about half of 749 00:34:50,800 --> 00:34:52,400 Speaker 3: it turns up on time, half it doesn't. 750 00:34:53,200 --> 00:34:55,399 Speaker 17: Yeah, and we thought Kee we Rail were bad, right, 751 00:34:56,200 --> 00:34:59,960 Speaker 17: that's exactly right. And at fifty five percent, that's poor. 752 00:35:00,440 --> 00:35:02,960 Speaker 17: And I think that rather than the shipping line, that 753 00:35:03,120 --> 00:35:06,600 Speaker 17: comes down to congestion at ports and a lot of 754 00:35:06,640 --> 00:35:09,600 Speaker 17: congestion and Singapore we've still got a lot of congestion 755 00:35:09,760 --> 00:35:14,000 Speaker 17: right now with Chinese New Year and the Trump teriff 756 00:35:14,200 --> 00:35:16,960 Speaker 17: tnage that's been moving. So you've got a lot of 757 00:35:16,960 --> 00:35:19,600 Speaker 17: congestion and Chinese ports right now, and that's what slows 758 00:35:19,600 --> 00:35:20,640 Speaker 17: those transit times down. 759 00:35:20,760 --> 00:35:22,839 Speaker 3: Good insight, don't appreciate it as always. Don Brod Main 760 00:35:22,920 --> 00:35:26,319 Speaker 3: Freight Managing Director. Twelve minutes past seven. This is your 761 00:35:26,320 --> 00:35:28,320 Speaker 3: Trump pre Secretary, Carolyn Leavitt. 762 00:35:28,640 --> 00:35:32,640 Speaker 18: President Trump is back and the Golden Age of America 763 00:35:32,840 --> 00:35:36,800 Speaker 18: has most definitely begun. The Senate has already confirmed five 764 00:35:36,960 --> 00:35:42,040 Speaker 18: of President Trump's exceptional cabinet nominees. It is imperative that 765 00:35:42,200 --> 00:35:45,000 Speaker 18: the Senate continues to confirm the remainder of the President's 766 00:35:45,000 --> 00:35:49,600 Speaker 18: well qualified nominees as quickly as possible. As you have 767 00:35:49,640 --> 00:35:52,120 Speaker 18: seen during the past week, President Trump is hard at 768 00:35:52,160 --> 00:35:55,000 Speaker 18: work fulfilling the promises that he made to the American 769 00:35:55,000 --> 00:35:56,720 Speaker 18: people on the campaign trail. 770 00:35:57,520 --> 00:36:01,040 Speaker 3: It's Briethy, that'll be nerves. She's how old is she? 771 00:36:01,080 --> 00:36:05,080 Speaker 3: Twenty seven? Twenty seven, twenty seven? So you're assessment, Glenn, 772 00:36:05,080 --> 00:36:06,759 Speaker 3: and will put this on the record. He gives her 773 00:36:06,800 --> 00:36:08,680 Speaker 3: five minutes. She's going to get eat in the live body. 774 00:36:08,719 --> 00:36:10,239 Speaker 13: It's going to give Sean Spicer a run for it. 775 00:36:10,400 --> 00:36:12,200 Speaker 3: Okay, we'll see how long that lasts. By the way, 776 00:36:12,280 --> 00:36:14,160 Speaker 3: can I tell you how ropable I am? This morning 777 00:36:14,920 --> 00:36:18,320 Speaker 3: yesterday on this program, the Prime Minister I was lamenting 778 00:36:18,360 --> 00:36:20,320 Speaker 3: the lack of action from this government on a variety 779 00:36:20,360 --> 00:36:21,880 Speaker 3: of things, not least of which is the road I 780 00:36:21,960 --> 00:36:25,120 Speaker 3: used to go north to the country each weekend. And 781 00:36:25,160 --> 00:36:26,960 Speaker 3: this is not just about me. There's hundreds of thousands 782 00:36:26,960 --> 00:36:28,319 Speaker 3: of people who do the same thing, and many of 783 00:36:28,320 --> 00:36:30,279 Speaker 3: them come in the opposite direction as well. It's called 784 00:36:30,320 --> 00:36:32,640 Speaker 3: State Highway one. It's a beautiful piece of new road. 785 00:36:33,040 --> 00:36:35,080 Speaker 3: And they said to me in Brown, Minister of Transport 786 00:36:35,160 --> 00:36:37,000 Speaker 3: now Minister of Health. Of course, Siman Brandt said, oh, 787 00:36:37,000 --> 00:36:38,680 Speaker 3: we'll make that one hundred and twenty. No worries at all, 788 00:36:38,680 --> 00:36:40,880 Speaker 3: And why wouldn't we There's multiple lanes as medium strips 789 00:36:40,880 --> 00:36:42,160 Speaker 3: in the middle. No one's ever going to crash, no 790 00:36:42,160 --> 00:36:44,080 Speaker 3: one's ever going to get hurt. Is it one hundred 791 00:36:44,080 --> 00:36:45,600 Speaker 3: and twenty? No, it is not one hundred and twenty. 792 00:36:45,640 --> 00:36:48,040 Speaker 3: So anyway, I lambassad the Prime Minister for that yesterday 793 00:36:48,080 --> 00:36:51,719 Speaker 3: and blow me down, Blow me down if there isn't 794 00:36:51,760 --> 00:36:56,240 Speaker 3: an announcement coming this morning on the increase of speed 795 00:36:56,280 --> 00:36:58,840 Speaker 3: limits around a whole lot of roads all over this country. 796 00:36:58,880 --> 00:37:01,799 Speaker 3: State Highway one, Carma Bypass, State Highway one, fung Array, 797 00:37:02,480 --> 00:37:08,160 Speaker 3: State Highway twenty two at Pirrata one Sea, Hamilton, State 798 00:37:08,239 --> 00:37:10,759 Speaker 3: Highway three, Hamilton, State Highway twenty six, Hamilton. So a 799 00:37:10,760 --> 00:37:14,240 Speaker 3: lot of announcements coming today on increasing the speed Love it, Hellelujah. 800 00:37:14,320 --> 00:37:16,920 Speaker 3: Is my road included? No? Now it is not one 801 00:37:16,960 --> 00:37:21,399 Speaker 3: of the busiest, most beautifully built, safest roads in the 802 00:37:21,440 --> 00:37:25,319 Speaker 3: country indeed that you will ever see remains at one 803 00:37:25,360 --> 00:37:28,080 Speaker 3: hundred k's with cops sitting on it, pulling you over 804 00:37:28,120 --> 00:37:31,400 Speaker 3: for one hundred and four gaining revenue, while the government 805 00:37:31,400 --> 00:37:32,560 Speaker 3: sits and does god knows what. 806 00:37:32,640 --> 00:37:35,960 Speaker 13: But to be fair, you did say to the Prime 807 00:37:36,000 --> 00:37:38,880 Speaker 13: Minister yesterday, don't do things just because I tell you 808 00:37:38,920 --> 00:37:39,520 Speaker 13: to do things. 809 00:37:39,600 --> 00:37:41,400 Speaker 3: That's true, and that's why he stiffed me this morning. 810 00:37:41,400 --> 00:37:43,279 Speaker 3: On these rays. He's gone through every road. He's going 811 00:37:43,320 --> 00:37:45,400 Speaker 3: to increase the speed of every road this morning, sept Mine. 812 00:37:45,560 --> 00:37:47,600 Speaker 3: But anyway, for those of you who will be affected 813 00:37:47,640 --> 00:37:50,520 Speaker 3: positively by this announcement coming later on this morning, it's 814 00:37:50,560 --> 00:37:52,400 Speaker 3: a good day. Fifteen past seven. 815 00:37:53,480 --> 00:37:57,880 Speaker 1: The High Asking Breakfast Fall Show podcast on iHeartRadio powered 816 00:37:57,920 --> 00:37:59,000 Speaker 1: by News Talks That Be. 817 00:37:59,280 --> 00:38:01,240 Speaker 3: So John Keon and I set sales in about fifteen 818 00:38:01,280 --> 00:38:03,920 Speaker 3: minutes time. Seventeen past seven. So the business of SkyTV 819 00:38:04,000 --> 00:38:06,920 Speaker 3: and it's increasing number of unhappy customers over satellite issues. 820 00:38:06,960 --> 00:38:10,120 Speaker 3: We've got an old satellite moving out of position apparently. Anyway, 821 00:38:10,120 --> 00:38:14,319 Speaker 3: Sky CEO Sophie Maloney's with a Sophie morning me mate, 822 00:38:14,360 --> 00:38:15,920 Speaker 3: how are you doing very well? Thank you? From my 823 00:38:16,000 --> 00:38:18,760 Speaker 3: reading over the holidays, this was going to happen anyway. 824 00:38:18,800 --> 00:38:20,880 Speaker 3: It's just happened a little bit faster. Is that correct 825 00:38:20,960 --> 00:38:21,160 Speaker 3: or not? 826 00:38:22,200 --> 00:38:24,960 Speaker 20: Yeah, it's happened in an accelerated time frame. We've got 827 00:38:25,000 --> 00:38:27,200 Speaker 20: notice at the start of the financial year that we 828 00:38:27,320 --> 00:38:29,480 Speaker 20: had seven months less than we thought, So that's meant 829 00:38:29,520 --> 00:38:33,280 Speaker 20: we've had to adjust our plans and we're on target 830 00:38:33,560 --> 00:38:36,480 Speaker 20: to migrate to the new satellite that Optors is providing. 831 00:38:37,280 --> 00:38:38,879 Speaker 20: We need to be done by May, but we're now 832 00:38:38,880 --> 00:38:40,080 Speaker 20: targeting early April. 833 00:38:40,440 --> 00:38:42,400 Speaker 3: And will it be done by early April or are 834 00:38:42,440 --> 00:38:43,680 Speaker 3: you targeting early April? 835 00:38:44,440 --> 00:38:46,240 Speaker 20: It will be done by early April. 836 00:38:46,320 --> 00:38:49,200 Speaker 3: So if whatever is happening right now, by April it's fixed, 837 00:38:49,200 --> 00:38:51,440 Speaker 3: does that make it right between now and April or not? 838 00:38:52,520 --> 00:38:53,120 Speaker 15: No, it does not. 839 00:38:53,360 --> 00:38:56,600 Speaker 20: And I'm very sorry for the experience that a number 840 00:38:56,640 --> 00:38:59,560 Speaker 20: of customers have had during this period. My team and 841 00:38:59,560 --> 00:39:02,959 Speaker 20: I working very hard to make sure that we are 842 00:39:03,000 --> 00:39:06,200 Speaker 20: managing the signal interruption as best we can, and we 843 00:39:06,280 --> 00:39:08,880 Speaker 20: know there've been a number of issues and we're deeply 844 00:39:08,920 --> 00:39:12,960 Speaker 20: sorry for that. We care about delivering a great service. So, yes, 845 00:39:13,000 --> 00:39:15,520 Speaker 20: it's another couple of months. We are making some fixes 846 00:39:15,560 --> 00:39:17,799 Speaker 20: from a technical perspective that we think will help with 847 00:39:17,840 --> 00:39:20,720 Speaker 20: the signal strength, but we're very sorry for the experience 848 00:39:20,760 --> 00:39:21,480 Speaker 20: and a number of those times. 849 00:39:21,719 --> 00:39:23,040 Speaker 3: Is this on you? I mean it is on you 850 00:39:23,080 --> 00:39:25,200 Speaker 3: because I give you money, But is it on the 851 00:39:25,200 --> 00:39:27,719 Speaker 3: people who supply you the satellite? They've let you down, 852 00:39:27,760 --> 00:39:28,120 Speaker 3: haven't they. 853 00:39:29,280 --> 00:39:32,200 Speaker 20: Well, Mike your spot on that. It's our responsibility to 854 00:39:32,280 --> 00:39:35,520 Speaker 20: deliver for our customers and we are, Yes, we've got 855 00:39:35,600 --> 00:39:37,960 Speaker 20: issues with some of our partners in terms of the 856 00:39:38,000 --> 00:39:42,080 Speaker 20: time phrases delivery. Optis is dependent on other partners as 857 00:39:42,080 --> 00:39:44,080 Speaker 20: well for this delivery and it was certainly not what 858 00:39:44,080 --> 00:39:46,040 Speaker 20: we anticipated at the start of the year that we'd 859 00:39:46,080 --> 00:39:49,080 Speaker 20: have to do it in this accelerated time frame, which 860 00:39:49,160 --> 00:39:51,240 Speaker 20: is why we're seeing some of these signal interruption issues 861 00:39:51,239 --> 00:39:52,560 Speaker 20: that we just couldn't have foreshadows. 862 00:39:52,800 --> 00:39:54,919 Speaker 3: Are you caught in an old tech ish type world 863 00:39:54,920 --> 00:39:57,280 Speaker 3: in a world of streaming where we're talking about satellites 864 00:39:57,440 --> 00:39:59,319 Speaker 3: wandering off and running out of petrol and all that 865 00:40:00,120 --> 00:40:01,000 Speaker 3: a bit old world to me. 866 00:40:03,840 --> 00:40:07,560 Speaker 20: It's all about customer choice. We obviously have IP delivered products. 867 00:40:07,600 --> 00:40:09,560 Speaker 20: We have our skydough which is there as an app 868 00:40:09,600 --> 00:40:12,200 Speaker 20: for all of our Skybox customers to use every day, 869 00:40:13,000 --> 00:40:15,279 Speaker 20: particularly if there are any satellite issues, but no, we're 870 00:40:15,320 --> 00:40:19,160 Speaker 20: confident that once this new satellite is in space in 871 00:40:19,200 --> 00:40:21,560 Speaker 20: the right place, that customers will be able to enjoy 872 00:40:22,000 --> 00:40:24,160 Speaker 20: the experience that they're used to from us. But of 873 00:40:24,160 --> 00:40:26,240 Speaker 20: course it's about customer choice. If you want to consume 874 00:40:26,320 --> 00:40:29,920 Speaker 20: viron app, you can skysport now Neon two that we 875 00:40:30,000 --> 00:40:32,920 Speaker 20: offer up. So for us, it's always about customer choice. 876 00:40:32,960 --> 00:40:36,040 Speaker 20: Make some customers do like satellite. And if you've done 877 00:40:36,080 --> 00:40:38,319 Speaker 20: a roadie around New Zealand recently, you see the number 878 00:40:38,320 --> 00:40:41,520 Speaker 20: of satellite this is. It remains a really important delivery mechanism. 879 00:40:41,680 --> 00:40:42,880 Speaker 3: It is true. All right, nice to talk to you. 880 00:40:42,920 --> 00:40:44,800 Speaker 3: So ifhi, you're wishing the best with it. Sophie Maloney, 881 00:40:44,840 --> 00:40:50,000 Speaker 3: Sky TV CEO Mike Hellalujah. They increase the cavity bypass 882 00:40:50,040 --> 00:40:52,640 Speaker 3: to one hundred and ten before Christmas, but transmission gully 883 00:40:52,760 --> 00:40:54,839 Speaker 3: like your road is still one hundred with everyone going faster. 884 00:40:54,920 --> 00:40:56,680 Speaker 3: And that's a very very good point. When it's been 885 00:40:56,680 --> 00:40:59,520 Speaker 3: announced it's going to be something and it isn't. People 886 00:40:59,600 --> 00:41:02,280 Speaker 3: just jump to it anyway, and that lies the problem. 887 00:41:02,360 --> 00:41:05,160 Speaker 3: Seven twenty, the. 888 00:41:05,280 --> 00:41:09,759 Speaker 1: Mic Hosking Breakfast Full Show podcast on iHeartRadio, how It 889 00:41:09,880 --> 00:41:11,239 Speaker 1: by News talk Zippy. 890 00:41:11,960 --> 00:41:14,279 Speaker 3: Now Chemist's Warehouse since they opened the first store at 891 00:41:14,320 --> 00:41:17,120 Speaker 3: some Luke's back in twenty seventeen. Despite changes the legislation 892 00:41:17,200 --> 00:41:20,400 Speaker 3: of course, surrounding the reinstatement of the five dollar prescription charge, 893 00:41:20,560 --> 00:41:24,280 Speaker 3: their commitment is unwavering to offer free scripts in every store, 894 00:41:24,360 --> 00:41:26,920 Speaker 3: every day. So the Chemist's Warehouse commitment will continue this 895 00:41:27,000 --> 00:41:29,000 Speaker 3: year twenty twenty five, and the promise to be affordable 896 00:41:29,040 --> 00:41:32,120 Speaker 3: and accessible healthcare for all New Zealanders still at the 897 00:41:32,160 --> 00:41:34,440 Speaker 3: forefront of everything they do. So whether you're in Tawonga 898 00:41:34,560 --> 00:41:37,359 Speaker 3: or Timoru, Chemist Warehouse team of pharmacists will be there 899 00:41:37,400 --> 00:41:39,520 Speaker 3: to help you take on the day, and from Christjs 900 00:41:39,560 --> 00:41:42,400 Speaker 3: to Cambridge, you're local Chemist Warehouse pharmacists is going to 901 00:41:42,400 --> 00:41:44,520 Speaker 3: be there till late and ready in waiting to offer 902 00:41:44,520 --> 00:41:46,360 Speaker 3: you and your loved ones friendly advice when you need it. 903 00:41:46,400 --> 00:41:49,080 Speaker 3: Most so for free scripts in every store, every day, 904 00:41:49,120 --> 00:41:51,000 Speaker 3: and for trusted advice when and where you need it. 905 00:41:51,239 --> 00:41:53,120 Speaker 3: You come on home to a Chemist Warehouse and find 906 00:41:53,120 --> 00:41:55,360 Speaker 3: out more and chop the unbeatable Chemist Warehouse range you 907 00:41:55,400 --> 00:41:58,759 Speaker 3: go in store here online and remember stop paying too 908 00:41:58,840 --> 00:42:02,279 Speaker 3: much Chemist where asking seven twenty four are the good 909 00:42:02,280 --> 00:42:04,759 Speaker 3: people at one roof were hinting at it the other day. 910 00:42:05,400 --> 00:42:07,239 Speaker 3: They were reacting to what I know to be a 911 00:42:07,239 --> 00:42:09,120 Speaker 3: bit of buzz within the regal estate community that the 912 00:42:09,160 --> 00:42:11,560 Speaker 3: government are going to move on foreign buyers this year. 913 00:42:11,600 --> 00:42:13,839 Speaker 3: So I talked to a lot of agents and they 914 00:42:13,960 --> 00:42:16,360 Speaker 3: range from telling me at the moment it's on, governor 915 00:42:16,360 --> 00:42:17,880 Speaker 3: are going to move, to those who hope it's on, 916 00:42:18,440 --> 00:42:20,000 Speaker 3: to those who want it to be on but aren't 917 00:42:20,000 --> 00:42:21,880 Speaker 3: holding their breath currently. If you don't know, you can 918 00:42:21,920 --> 00:42:24,560 Speaker 3: buy a house if you're an Australian or a Singaporean. 919 00:42:24,760 --> 00:42:27,080 Speaker 3: Apart from that, there are hoops and hurdles for some 920 00:42:27,320 --> 00:42:30,840 Speaker 3: foreign buyers, but mainly you're blocked. This, of course, is nonsense, 921 00:42:31,040 --> 00:42:33,920 Speaker 3: and National had a very elegant solution that carved out 922 00:42:33,920 --> 00:42:36,279 Speaker 3: house prices under two million dollars, which is the vast 923 00:42:36,320 --> 00:42:38,719 Speaker 3: majority of sales. Of course, so if the American who 924 00:42:38,719 --> 00:42:41,960 Speaker 3: wanted to open a company, invest in jobs and bring 925 00:42:42,000 --> 00:42:44,480 Speaker 3: some expansion to the country, they could also fork out 926 00:42:44,560 --> 00:42:47,160 Speaker 3: nine million dollars for a lovely place at Lake Hayes. Winston, 927 00:42:47,239 --> 00:42:49,840 Speaker 3: of course, was having none of that, so we're stuck. 928 00:42:50,120 --> 00:42:52,440 Speaker 3: The hope is Winston can be moved. The rumor grows 929 00:42:52,440 --> 00:42:54,919 Speaker 3: that Winston might be about to be moved. I hope. 930 00:42:54,960 --> 00:42:57,720 Speaker 3: So the latest word is five million. So in other words, 931 00:42:57,760 --> 00:43:00,440 Speaker 3: five million or above, anyone is well welcome to buy 932 00:43:00,480 --> 00:43:02,319 Speaker 3: a house in this country. What we had, I mean, 933 00:43:02,360 --> 00:43:04,240 Speaker 3: what we have to fear from that? I got no idea. 934 00:43:04,880 --> 00:43:07,399 Speaker 3: What we know for sure is we are desperately short 935 00:43:07,400 --> 00:43:09,640 Speaker 3: of money. We've got a pile of work that needs doing, 936 00:43:09,719 --> 00:43:11,319 Speaker 3: and we need all the help we can get. In 937 00:43:11,400 --> 00:43:14,320 Speaker 3: my area right now, there's a handful of ten million 938 00:43:14,360 --> 00:43:16,280 Speaker 3: dollar plus houses for sale. They've been on the market 939 00:43:16,280 --> 00:43:18,399 Speaker 3: for over a year. They haven't sold because no one 940 00:43:18,400 --> 00:43:19,920 Speaker 3: here has that money for a house, and those who 941 00:43:19,920 --> 00:43:22,759 Speaker 3: do already have houses open the foreign investment door, they 942 00:43:22,800 --> 00:43:24,720 Speaker 3: would be snapped up. We either want to do business 943 00:43:24,800 --> 00:43:26,800 Speaker 3: or we don't. We're either open to the world or 944 00:43:26,840 --> 00:43:30,400 Speaker 3: we aren't. The irony for me is Peter's of all people, 945 00:43:30,480 --> 00:43:32,799 Speaker 3: in his role as Foreign Minister, seems to get that 946 00:43:33,320 --> 00:43:36,080 Speaker 3: as much, if not more, than anybody else, and yet 947 00:43:36,600 --> 00:43:39,520 Speaker 3: on housing he remains the xenophobic old relic he played 948 00:43:39,560 --> 00:43:41,879 Speaker 3: so well twenty years ago. Let's hope the year brings 949 00:43:41,880 --> 00:43:44,240 Speaker 3: a bit of enlightenment, ay, and we can at last 950 00:43:44,480 --> 00:43:46,120 Speaker 3: and at least get on. 951 00:43:46,080 --> 00:43:47,720 Speaker 2: With it Osky. 952 00:43:47,840 --> 00:43:50,279 Speaker 3: Glen's disappointed in Caroline so far, she's only receiving the 953 00:43:50,280 --> 00:43:53,120 Speaker 3: patchy questions. So she's holding up nicely. So we'll keep 954 00:43:53,160 --> 00:43:56,360 Speaker 3: you posted on that. Sky Mike, bring back the Kiwi 955 00:43:56,360 --> 00:43:58,759 Speaker 3: based crew dealing with people in the Philippines as a nightmare. Well, 956 00:43:58,760 --> 00:44:00,320 Speaker 3: that's got nothing to do with satellite. Person of the 957 00:44:00,360 --> 00:44:02,640 Speaker 3: Philippines isn't going to fix that. But I take your 958 00:44:02,640 --> 00:44:04,839 Speaker 3: point and I tend to agree with you morning Mike. 959 00:44:05,000 --> 00:44:07,200 Speaker 3: You should tell the Sky lady to listen to Marcus 960 00:44:07,280 --> 00:44:09,560 Speaker 3: last night. I'm sure she was. There's a lot of 961 00:44:09,600 --> 00:44:12,440 Speaker 3: old people who aren't who are getting dud service or 962 00:44:12,480 --> 00:44:15,719 Speaker 3: being ignored Mike. So by early April we will have 963 00:44:15,719 --> 00:44:17,640 Speaker 3: been without Sky for six months. That's more than six 964 00:44:17,719 --> 00:44:19,440 Speaker 3: hundred dollars and fees for those service. Is it one 965 00:44:19,480 --> 00:44:20,960 Speaker 3: hundred dollars a month for Sky? There's a lot of 966 00:44:20,960 --> 00:44:21,600 Speaker 3: money for Skies. 967 00:44:21,680 --> 00:44:24,640 Speaker 13: Well that's there would be a very low amount. 968 00:44:24,320 --> 00:44:24,759 Speaker 3: Would it. 969 00:44:24,880 --> 00:44:25,120 Speaker 9: Yeah? 970 00:44:25,320 --> 00:44:30,080 Speaker 3: Okay, sorry, sorry, doesn't cut it. Sky's very in New Zealand, 971 00:44:30,080 --> 00:44:31,920 Speaker 3: isn't it. When you think about it, there are certain 972 00:44:31,920 --> 00:44:35,080 Speaker 3: companies in this country that, no matter what they do, 973 00:44:35,120 --> 00:44:38,520 Speaker 3: no matter how hard they try, you cannot wait to 974 00:44:38,560 --> 00:44:41,360 Speaker 3: hate them. And Sky's one of them. Any New Zealand's 975 00:44:41,360 --> 00:44:47,280 Speaker 3: another one. Mike, they've had problems for months. Bullshit, Jeff says, 976 00:44:47,440 --> 00:44:49,560 Speaker 3: see what I mean, probably says the same about in 977 00:44:49,560 --> 00:44:50,080 Speaker 3: New Zealand. 978 00:44:50,760 --> 00:44:52,600 Speaker 13: Mind you don't get now that now that lady who 979 00:44:52,640 --> 00:44:54,799 Speaker 13: rang up about people swearing on the radio earlier this 980 00:44:54,840 --> 00:44:55,960 Speaker 13: morning is going to ring up again. 981 00:44:55,960 --> 00:44:58,319 Speaker 3: It's a quote I'm quoting. You can't ping me for 982 00:44:58,400 --> 00:45:00,560 Speaker 3: quoting somebody, you know, a quote. 983 00:45:00,000 --> 00:45:02,000 Speaker 13: When you give out that person's number so that she 984 00:45:02,040 --> 00:45:02,799 Speaker 13: can just bring them, you. 985 00:45:02,840 --> 00:45:07,160 Speaker 3: Can ring Jeff can play a cham Sir John Key 986 00:45:07,160 --> 00:45:10,839 Speaker 3: on these assets sales. I mean, is this even an issue? Yeah, 987 00:45:10,920 --> 00:45:13,800 Speaker 3: just because somebody goes we might think about it in 988 00:45:13,840 --> 00:45:16,239 Speaker 3: a year and a half's time, suddenly we all go 989 00:45:16,360 --> 00:45:19,880 Speaker 3: up epilectic about it. But anyway, so John keep. 990 00:45:19,760 --> 00:45:24,360 Speaker 1: Shut can New Zealand's home for Trusted News and Views. 991 00:45:24,640 --> 00:45:28,680 Speaker 1: The mic Hosking breakfast with the range Rover villa designed 992 00:45:28,880 --> 00:45:30,600 Speaker 1: to intrigue and use togs dead b. 993 00:45:30,680 --> 00:45:33,400 Speaker 3: A lot of dis looking to the Anderson after Mike, 994 00:45:33,440 --> 00:45:36,000 Speaker 3: they should bring it a stamp duty twenty percent for 995 00:45:36,080 --> 00:45:39,240 Speaker 3: foreign house buyers. Easy fast and effective could easily target 996 00:45:39,320 --> 00:45:41,440 Speaker 3: locations and types and value and stuff. We'll talk more 997 00:45:41,440 --> 00:45:43,480 Speaker 3: about that later on the program, I mean, but on 998 00:45:43,680 --> 00:45:45,680 Speaker 3: on the program meantime at twenty three minutes a way 999 00:45:45,719 --> 00:45:48,560 Speaker 3: from mate. It started last week with see more State 1000 00:45:48,600 --> 00:45:50,800 Speaker 3: of the Nation's Speech. Are now is back in a 1001 00:45:51,000 --> 00:45:52,960 Speaker 3: back to the future sort of way. We're suddenly debating 1002 00:45:52,960 --> 00:45:56,080 Speaker 3: potential asset sales all over again. National may or may 1003 00:45:56,239 --> 00:45:59,160 Speaker 3: not go into the next election, presumably along with act 1004 00:45:59,239 --> 00:46:02,279 Speaker 3: on a platform of set off some of the state. 1005 00:46:02,480 --> 00:46:04,600 Speaker 3: Excuse me, silver web. Last time we did this, of course, 1006 00:46:04,719 --> 00:46:07,480 Speaker 3: was under John Key, who as with us. Very good 1007 00:46:07,480 --> 00:46:10,560 Speaker 3: morning to you, morning mate. I'm kind of reluctant to 1008 00:46:10,640 --> 00:46:12,480 Speaker 3: even talk about this. Don't we have a bigger fish 1009 00:46:12,520 --> 00:46:14,280 Speaker 3: to fry in this country at the moment. 1010 00:46:14,960 --> 00:46:17,359 Speaker 6: I'd probably say is look in the scheme of things, 1011 00:46:17,480 --> 00:46:20,000 Speaker 6: we want the boat to go faster. There's a million 1012 00:46:20,080 --> 00:46:22,800 Speaker 6: things you can do from cutting bureaucracy and texas and 1013 00:46:23,040 --> 00:46:26,560 Speaker 6: you know, making the more promissive society, better foreign investment, 1014 00:46:26,640 --> 00:46:29,120 Speaker 6: all those kinds of things. If you want my view, 1015 00:46:29,640 --> 00:46:31,640 Speaker 6: they'll make the boat go a lot faster than a 1016 00:46:31,719 --> 00:46:34,200 Speaker 6: few s. It seals, because frankly, there ain't a hell 1017 00:46:34,200 --> 00:46:34,799 Speaker 6: of a lot to sell. 1018 00:46:35,160 --> 00:46:35,359 Speaker 9: Good. 1019 00:46:35,440 --> 00:46:37,000 Speaker 3: I'm glad you said that because I was trying to 1020 00:46:37,040 --> 00:46:39,239 Speaker 3: work out what we would sell. Somebody says Land Corp. 1021 00:46:39,320 --> 00:46:42,560 Speaker 3: But I mean beyond that, what's left of genuine value? 1022 00:46:43,400 --> 00:46:47,160 Speaker 6: Well, unless you went down we sold fully time center 1023 00:46:47,280 --> 00:46:50,440 Speaker 6: of the gen Taylor's you know, the contacts and Genesis 1024 00:46:50,520 --> 00:46:53,520 Speaker 6: and that sort of stuff. So unless you actually sold 1025 00:46:53,600 --> 00:46:56,720 Speaker 6: out the balance of theirs, I'm not really sure what's around. 1026 00:46:56,760 --> 00:46:59,759 Speaker 6: I mean, there's certain there sets. You wouldn't sell transpowers 1027 00:46:59,800 --> 00:47:02,480 Speaker 6: one of them just because it's a national grid. There's 1028 00:47:02,520 --> 00:47:04,600 Speaker 6: some things, as you identify the think in your minute 1029 00:47:04,680 --> 00:47:07,719 Speaker 6: this morning, like you know, Tip New Zealand, we're you know, yeah, 1030 00:47:07,760 --> 00:47:09,680 Speaker 6: maybe one day it was with the billion, but now 1031 00:47:09,760 --> 00:47:12,360 Speaker 6: you almost paying someone to take it off your hands. 1032 00:47:12,400 --> 00:47:15,719 Speaker 6: So there's no real money the ell length I don't 1033 00:47:15,719 --> 00:47:17,759 Speaker 6: even know to look at something. But I mean, the 1034 00:47:18,120 --> 00:47:21,880 Speaker 6: blunt reality with the thing was that it was it 1035 00:47:22,040 --> 00:47:25,960 Speaker 6: was designed actually to be farmer for for ballot farmers, 1036 00:47:26,080 --> 00:47:29,600 Speaker 6: and and you know I didn't really count as a 1037 00:47:29,680 --> 00:47:31,640 Speaker 6: state asset in the same way that you would say 1038 00:47:32,440 --> 00:47:32,960 Speaker 6: Jim Taylor. 1039 00:47:33,280 --> 00:47:37,040 Speaker 3: So so what would if nationally enters the contest next 1040 00:47:37,080 --> 00:47:39,920 Speaker 3: to you looking to sell, is it selling for money 1041 00:47:40,480 --> 00:47:42,719 Speaker 3: or is it selling for ideology? In other words, when 1042 00:47:42,760 --> 00:47:44,520 Speaker 3: we get rid of it, we can it will be 1043 00:47:44,600 --> 00:47:45,040 Speaker 3: run better. 1044 00:47:45,960 --> 00:47:47,799 Speaker 6: Well, I think if you just look at the whole 1045 00:47:47,880 --> 00:47:49,719 Speaker 6: principle of why you do it, I mean, why are 1046 00:47:49,760 --> 00:47:54,080 Speaker 6: people opposed, in my opinion ideological mumbo jumbo? You know, 1047 00:47:54,239 --> 00:47:56,240 Speaker 6: they just want to sit there and tell everything's scentistic 1048 00:47:56,280 --> 00:47:58,120 Speaker 6: when it's run by the state and you can't trust 1049 00:47:58,160 --> 00:48:00,560 Speaker 6: the private sector. But nine of us what we do 1050 00:48:00,760 --> 00:48:02,960 Speaker 6: is done by the private sector, probably a lot more 1051 00:48:03,080 --> 00:48:05,440 Speaker 6: than that, So I don't see why we can't trust 1052 00:48:05,480 --> 00:48:08,920 Speaker 6: a few things here. Secondly, why wouldn't you recycle your 1053 00:48:08,960 --> 00:48:11,640 Speaker 6: balance sheet? To me, if you're a householder, the house 1054 00:48:11,719 --> 00:48:13,880 Speaker 6: you buy it thirty is often very different to the 1055 00:48:13,960 --> 00:48:15,600 Speaker 6: one you buy at forty five and the one you 1056 00:48:15,640 --> 00:48:18,520 Speaker 6: buy at seventy five. Why because your lifestyle changes. So 1057 00:48:18,600 --> 00:48:21,239 Speaker 6: you don't go there and buy the first little unit 1058 00:48:21,320 --> 00:48:23,600 Speaker 6: you buy at thirty and say that's going to be 1059 00:48:23,680 --> 00:48:25,360 Speaker 6: the thing I'm going to want to raise my family 1060 00:48:25,480 --> 00:48:27,719 Speaker 6: because it pably not big enough's not for purpose. Well, 1061 00:48:27,719 --> 00:48:31,719 Speaker 6: the government's no different. Fairly, you know, in the bureaucracy 1062 00:48:32,000 --> 00:48:36,000 Speaker 6: you are paid to say no, whereasn't it's paid to 1063 00:48:36,120 --> 00:48:39,160 Speaker 6: say yes because yes is what makes them again the 1064 00:48:39,280 --> 00:48:43,640 Speaker 6: performance better. But why there's risks and the pub and 1065 00:48:43,680 --> 00:48:46,520 Speaker 6: I think the one thing that will sort of well, 1066 00:48:47,200 --> 00:48:49,719 Speaker 6: you know most of us have Key we Save. Everybody's 1067 00:48:49,760 --> 00:48:53,480 Speaker 6: involved in acc and New Zealand super where there's guy's 1068 00:48:53,480 --> 00:48:54,879 Speaker 6: going to put their money. You know, if you don't 1069 00:48:54,880 --> 00:48:57,319 Speaker 6: want to give them any assets to invest in, they're 1070 00:48:57,320 --> 00:48:59,960 Speaker 6: going to have to invest in Australian roads in Australia 1071 00:49:00,080 --> 00:49:02,640 Speaker 6: in assets, you know. So it isn't making sense really 1072 00:49:02,680 --> 00:49:03,239 Speaker 6: to stop them. 1073 00:49:03,520 --> 00:49:05,200 Speaker 3: What about things like kee we Rail. This person in 1074 00:49:05,239 --> 00:49:06,920 Speaker 3: the here all this morning from Richard Prebble of course, 1075 00:49:07,040 --> 00:49:08,839 Speaker 3: was in charge of selling key Rail in the first place. 1076 00:49:08,880 --> 00:49:10,960 Speaker 3: So sold it off, didn't go well, brought it back 1077 00:49:11,080 --> 00:49:14,879 Speaker 3: isn't going well. So is government owning stuff a bad thing? 1078 00:49:15,120 --> 00:49:15,520 Speaker 5: Or is it? 1079 00:49:15,800 --> 00:49:17,920 Speaker 3: Is it it's site or business specific? 1080 00:49:19,400 --> 00:49:21,960 Speaker 6: Yeah, I think it's a site specific. I mean, look, 1081 00:49:22,000 --> 00:49:23,640 Speaker 6: it may have changed, and I could be well and 1082 00:49:23,719 --> 00:49:25,160 Speaker 6: truly out of the day, but I'll tell you when 1083 00:49:25,320 --> 00:49:27,560 Speaker 6: I was pronounced and we used to look at key 1084 00:49:27,640 --> 00:49:31,040 Speaker 6: Rail and all the have you know, the the executives 1085 00:49:31,080 --> 00:49:33,239 Speaker 6: and stuff in our office I'll tell you now, the 1086 00:49:33,320 --> 00:49:36,279 Speaker 6: main trunk line made money. You can't make money on 1087 00:49:36,480 --> 00:49:39,560 Speaker 6: rail for for a for something that you do that's 1088 00:49:39,560 --> 00:49:42,240 Speaker 6: pretty much under one hundred kill mees. You need distance. 1089 00:49:42,360 --> 00:49:45,000 Speaker 6: So it works for the Golden Triangle down to tower 1090 00:49:45,040 --> 00:49:47,480 Speaker 6: on the in Land Portal, that sort of stuff. It 1091 00:49:47,680 --> 00:49:50,959 Speaker 6: works along the main line, and everything else doesn't make money. 1092 00:49:51,120 --> 00:49:54,200 Speaker 6: So if you were selling it, the question would be 1093 00:49:54,440 --> 00:49:56,840 Speaker 6: and by the way, the state is you know of 1094 00:49:56,920 --> 00:49:59,680 Speaker 6: those assets are saw as I understand it pretty ropeye, 1095 00:49:59,760 --> 00:50:02,480 Speaker 6: so there'd be a huge amount of investment. I'm not 1096 00:50:02,640 --> 00:50:05,719 Speaker 6: sure what cash you'd get, so if you did sell 1097 00:50:05,840 --> 00:50:07,759 Speaker 6: parts of it or so that, you'd be really in 1098 00:50:07,840 --> 00:50:10,400 Speaker 6: the camp of saying I think someone else will run 1099 00:50:10,480 --> 00:50:13,919 Speaker 6: it better. And there's nothing actually wrong with saying someone 1100 00:50:13,960 --> 00:50:18,000 Speaker 6: else could own an asset that you still might cross subsidized. 1101 00:50:18,000 --> 00:50:19,840 Speaker 6: I mean, well this a while I look at it. 1102 00:50:20,160 --> 00:50:24,440 Speaker 6: If I needed a major health procedure this afternoon, Frankly, 1103 00:50:24,760 --> 00:50:26,920 Speaker 6: I don't care who owns that. I don't care it's 1104 00:50:26,960 --> 00:50:29,000 Speaker 6: the private sector. I don't care it's a public sector. 1105 00:50:29,000 --> 00:50:32,040 Speaker 6: I tell you what I care about the surgeons and 1106 00:50:32,320 --> 00:50:35,719 Speaker 6: medical professionals that are around me, right, and that they 1107 00:50:35,800 --> 00:50:39,280 Speaker 6: have the drugs that I need for that procedure. That's 1108 00:50:39,320 --> 00:50:42,160 Speaker 6: what I care about, not the actual ownership of the bricks. 1109 00:50:41,920 --> 00:50:44,640 Speaker 3: And water exactly. What's your vibe on mood? How much 1110 00:50:44,680 --> 00:50:47,560 Speaker 3: political capital do you think gets spent if it gets 1111 00:50:47,560 --> 00:50:49,560 Speaker 3: spent next year, are we still angsty about. 1112 00:50:49,360 --> 00:50:49,680 Speaker 5: This or not? 1113 00:50:51,680 --> 00:50:54,560 Speaker 6: Yeah, because I think the people that are opposed are 1114 00:50:54,760 --> 00:50:57,520 Speaker 6: sort of dispposed to everything really in a lot of ways. 1115 00:50:57,520 --> 00:51:00,759 Speaker 6: I mean they've been fed aligned that have to pay 1116 00:51:00,760 --> 00:51:02,640 Speaker 6: a lot more and that it will be sold offshore 1117 00:51:02,800 --> 00:51:05,320 Speaker 6: and it won't work. And it's like the same argument 1118 00:51:05,360 --> 00:51:08,360 Speaker 6: around foreign investments, the same answer around you know, so 1119 00:51:08,520 --> 00:51:11,399 Speaker 6: many of these things, more tourists coming, more people coming 1120 00:51:11,440 --> 00:51:13,759 Speaker 6: to work in New Zealand. I'll tell you a little 1121 00:51:13,800 --> 00:51:16,960 Speaker 6: interesting thing, right. You've been talking about DTZ recently, and 1122 00:51:17,880 --> 00:51:20,600 Speaker 6: I mess It talked about you know chet GPT. This 1123 00:51:21,360 --> 00:51:23,400 Speaker 6: to go on to chet GPT. Here's a clin and 1124 00:51:23,480 --> 00:51:26,919 Speaker 6: say how do I get rich? Here's the answer, earn more, 1125 00:51:27,440 --> 00:51:30,000 Speaker 6: spend less. Well, last time, a lot all the people 1126 00:51:30,040 --> 00:51:31,680 Speaker 6: that are opposed to most of those things that will 1127 00:51:31,719 --> 00:51:34,439 Speaker 6: make the boat go faster do not want to spend less, 1128 00:51:34,440 --> 00:51:38,080 Speaker 6: because that means the provision of poorer public services. So 1129 00:51:38,200 --> 00:51:41,520 Speaker 6: the answer is we have to earn more. And I 1130 00:51:41,600 --> 00:51:45,440 Speaker 6: think for Chris and the government, I think he's on 1131 00:51:45,560 --> 00:51:48,800 Speaker 6: absolutely all right track. He's talking about economic grap because 1132 00:51:48,960 --> 00:51:52,040 Speaker 6: in the end, we all want a higher standard of living. 1133 00:51:52,120 --> 00:51:54,640 Speaker 6: To do that, we have to earn more. And I 1134 00:51:54,800 --> 00:51:56,600 Speaker 6: just go back to what it was just saving us PM. 1135 00:51:56,719 --> 00:51:58,760 Speaker 6: You know, we're a little country. We're at the bottom 1136 00:51:58,800 --> 00:52:01,040 Speaker 6: of the world. No one knows us a living, so 1137 00:52:01,120 --> 00:52:04,440 Speaker 6: we better we better start being more attractive, more permissive, 1138 00:52:04,560 --> 00:52:07,359 Speaker 6: more more, a better place to do business. And when 1139 00:52:07,400 --> 00:52:09,600 Speaker 6: we do that, there's so many people that want to 1140 00:52:09,640 --> 00:52:11,800 Speaker 6: do things in our country, and we shouldn't be afraid 1141 00:52:11,840 --> 00:52:15,120 Speaker 6: of that because honestly, they make a massive difference to 1142 00:52:15,440 --> 00:52:18,920 Speaker 6: the economic growth and therefore the tax revenue and the 1143 00:52:19,600 --> 00:52:21,239 Speaker 6: beneficial things that you get from all that. 1144 00:52:21,560 --> 00:52:23,680 Speaker 3: And on that note, how much energy if you had 1145 00:52:23,719 --> 00:52:26,239 Speaker 3: Winston alongside you running the place right now, would you 1146 00:52:26,320 --> 00:52:29,200 Speaker 3: put him to try to twist his on foreign house investment? 1147 00:52:30,280 --> 00:52:33,799 Speaker 6: Foreign house investment? Definitely, because I think again that's sort 1148 00:52:33,840 --> 00:52:37,520 Speaker 6: of crazy. I mean, look, when I was around, not 1149 00:52:37,760 --> 00:52:40,360 Speaker 6: necessarily well known that, but I pushed quite hard for 1150 00:52:40,400 --> 00:52:43,399 Speaker 6: a stamp duty a foreign a foreign buyers stamp duty, 1151 00:52:43,520 --> 00:52:45,200 Speaker 6: and the reason being I used to say to our 1152 00:52:45,280 --> 00:52:48,319 Speaker 6: guys that one day we'll lose an election and if 1153 00:52:48,360 --> 00:52:51,440 Speaker 6: we don't put a foreign buyers ben and that's exactly 1154 00:52:51,480 --> 00:52:53,880 Speaker 6: what's happened, and it did. Look we had the fastest 1155 00:52:54,000 --> 00:52:56,759 Speaker 6: rising house brothers in New Zealand history. Here's a clear 1156 00:52:56,760 --> 00:52:59,800 Speaker 6: of what makes house broces go up low interest rates. 1157 00:53:00,200 --> 00:53:03,440 Speaker 6: You know, it's not it's not basically the fact that 1158 00:53:03,800 --> 00:53:05,759 Speaker 6: someone who lives in Manhattan might be to go and 1159 00:53:05,840 --> 00:53:07,480 Speaker 6: buy the odd house of New Zealand. 1160 00:53:08,360 --> 00:53:08,759 Speaker 3: I think. 1161 00:53:09,080 --> 00:53:11,200 Speaker 6: And if you want to attract people to New Zealand, 1162 00:53:11,239 --> 00:53:14,600 Speaker 6: and would you migrate to New Zealand if I said 1163 00:53:14,719 --> 00:53:16,440 Speaker 6: you are, by the way for quite a period of 1164 00:53:16,520 --> 00:53:21,879 Speaker 6: time you can't buy house or well, that is way 1165 00:53:22,040 --> 00:53:25,840 Speaker 6: more important in my mind than something like, you know, 1166 00:53:26,000 --> 00:53:28,040 Speaker 6: can I hock off a bit of k for which 1167 00:53:28,040 --> 00:53:29,400 Speaker 6: I'll get nothing for it? 1168 00:53:30,280 --> 00:53:34,719 Speaker 3: Then why can't Peter's understand that, given he's out in 1169 00:53:34,800 --> 00:53:36,600 Speaker 3: the world as foreign minister, and I think most people 1170 00:53:36,640 --> 00:53:39,560 Speaker 3: see him as a successful foreign minister. Given that message 1171 00:53:39,600 --> 00:53:41,520 Speaker 3: to the world, why why does he then come back 1172 00:53:41,520 --> 00:53:42,759 Speaker 3: home and go n you can't buy house. 1173 00:53:47,120 --> 00:53:50,080 Speaker 6: Look, I think it's just that a lot of pole 1174 00:53:50,200 --> 00:53:56,080 Speaker 6: do that says essentially, you know, foreign foreign and foreign 1175 00:53:56,200 --> 00:53:58,960 Speaker 6: engagement is bad. I know that sense weird as a 1176 00:53:59,000 --> 00:54:02,360 Speaker 6: foreign minister, but in an economic sense he hasn't changed. 1177 00:54:02,440 --> 00:54:06,239 Speaker 6: That's been New Zealand's first philosophy for or thirty forty years. 1178 00:54:06,239 --> 00:54:08,919 Speaker 6: Are basically pretty much opposed to all of those things 1179 00:54:08,960 --> 00:54:12,640 Speaker 6: as it sales, foreign investments, all of this. But you know, 1180 00:54:13,120 --> 00:54:17,880 Speaker 6: it is a very very it might work under Donald 1181 00:54:17,920 --> 00:54:23,400 Speaker 6: Trump's will. Weirdly, it works because it works better because 1182 00:54:23,440 --> 00:54:27,480 Speaker 6: you've got such an enormous, enclosed economy that's got two 1183 00:54:27,560 --> 00:54:30,640 Speaker 6: hundred and thirty millions. Basically, you know, middle income seeds, 1184 00:54:30,680 --> 00:54:33,920 Speaker 6: the wealthiest people are out and they drive that economic growth. 1185 00:54:34,320 --> 00:54:36,800 Speaker 6: But in the New Zealand context, we don't have that. 1186 00:54:36,960 --> 00:54:40,360 Speaker 6: So the only way we really succeed grow and prosper 1187 00:54:40,640 --> 00:54:43,600 Speaker 6: is when we have other middle income consumers doing things 1188 00:54:43,680 --> 00:54:46,480 Speaker 6: with us and high income consumers. And part of that 1189 00:54:46,719 --> 00:54:51,680 Speaker 6: is they're buy house. And I mean, look, I understand that, 1190 00:54:51,840 --> 00:54:54,120 Speaker 6: but obviously have to Tariiti have a lot. You know, 1191 00:54:54,360 --> 00:54:58,960 Speaker 6: in tiari there's just dozens now of these ten twenty 1192 00:54:59,000 --> 00:55:02,960 Speaker 6: to thirty million dollar houses being built. They have provided 1193 00:55:03,440 --> 00:55:05,960 Speaker 6: enormous work for the people of smung A Fire and 1194 00:55:06,040 --> 00:55:08,719 Speaker 6: the surrounding area. We are so much better off for 1195 00:55:08,800 --> 00:55:12,439 Speaker 6: having those assets. Yeah, and so foreigners and foreigners often 1196 00:55:13,120 --> 00:55:16,040 Speaker 6: very often there Americans and Australians who are very philanthropic. 1197 00:55:16,120 --> 00:55:17,000 Speaker 12: They give away a lot of. 1198 00:55:17,000 --> 00:55:19,680 Speaker 3: Money exactly right. Good and so I appreciate it as 1199 00:55:19,680 --> 00:55:21,960 Speaker 3: always to John Key, can you please stop texting saying 1200 00:55:22,040 --> 00:55:23,359 Speaker 3: John Key, what a breath of fresh ear? 1201 00:55:23,400 --> 00:55:23,560 Speaker 5: God? 1202 00:55:23,600 --> 00:55:27,920 Speaker 3: I missed John Key? Text machines are burning up? Thirteen 1203 00:55:27,920 --> 00:55:29,759 Speaker 3: away from it the. 1204 00:55:29,920 --> 00:55:34,120 Speaker 1: Mic asking Breakfast, a full show podcast on iHeartRadio powered 1205 00:55:34,200 --> 00:55:34,920 Speaker 1: by News Talks. 1206 00:55:34,920 --> 00:55:37,279 Speaker 3: It'd be how much common sense can you handle in 1207 00:55:37,360 --> 00:55:40,279 Speaker 3: one interview before it overwhelms you. We just got a 1208 00:55:40,320 --> 00:55:43,800 Speaker 3: text from the Prime Minister by the way on the 1209 00:55:44,000 --> 00:55:46,440 Speaker 3: road announcement this morning and the speed limits going up. 1210 00:55:46,719 --> 00:55:48,920 Speaker 3: What I didn't know numbers wise and part of the 1211 00:55:48,920 --> 00:55:50,640 Speaker 3: problem with my particular road. And I don't say min 1212 00:55:50,680 --> 00:55:52,759 Speaker 3: it's not my road. Obviously, there's the State Highway one 1213 00:55:52,840 --> 00:55:57,000 Speaker 3: North forty nine. Changes are under consultation. And my simple 1214 00:55:57,080 --> 00:56:00,560 Speaker 3: question to you is why why it's going from one 1215 00:56:00,680 --> 00:56:02,880 Speaker 3: hundred to one ten or one hundred to one twenty. 1216 00:56:03,239 --> 00:56:05,680 Speaker 3: What's to consult about? You're either going to have people 1217 00:56:05,719 --> 00:56:09,080 Speaker 3: go march how fast and we might all die, or 1218 00:56:09,120 --> 00:56:11,759 Speaker 3: you'll have people going good. Let's get on with It's 1219 00:56:11,800 --> 00:56:13,680 Speaker 3: not the first time we've consulted on roads going up 1220 00:56:13,760 --> 00:56:16,000 Speaker 3: or down or speed limits. Just let's just get on 1221 00:56:16,120 --> 00:56:18,840 Speaker 3: with it. Richer Prebble, by the way, in the Herald 1222 00:56:18,880 --> 00:56:21,160 Speaker 3: this morning must read this year the government is planning. 1223 00:56:21,160 --> 00:56:23,480 Speaker 3: This shows you how up the creek we are. This 1224 00:56:23,640 --> 00:56:26,000 Speaker 3: year the government is planning to borrow seventeen billion dollars. 1225 00:56:26,040 --> 00:56:27,920 Speaker 3: About ten of that's an interest on debt, as I 1226 00:56:28,040 --> 00:56:30,919 Speaker 3: keep telling you every year now, and it's growing. We're 1227 00:56:30,960 --> 00:56:33,760 Speaker 3: paying ten billion dollars in interest on the debt alone. 1228 00:56:33,800 --> 00:56:36,720 Speaker 3: Two lots of police forces just like that, just on interest. 1229 00:56:37,680 --> 00:56:42,920 Speaker 3: It is the issue belonging government faced a fiscal crisis 1230 00:56:42,960 --> 00:56:45,040 Speaker 3: and growing debt. I was put in charge of the 1231 00:56:45,080 --> 00:56:47,520 Speaker 3: government's businesses that were demanding twenty percent of the country's 1232 00:56:47,520 --> 00:56:50,560 Speaker 3: total investment while producing just ten percent of GDP. Not 1233 00:56:50,719 --> 00:56:54,760 Speaker 3: one government business was profitable, none had ever paid a dividend. 1234 00:56:54,840 --> 00:56:56,360 Speaker 3: And the rest, as they say, is history. If the 1235 00:56:56,360 --> 00:56:59,040 Speaker 3: government was never to sell, then the cost of investing 1236 00:56:59,080 --> 00:57:01,360 Speaker 3: to keep the businesses of fear would always exceed income 1237 00:57:01,960 --> 00:57:05,279 Speaker 3: over time. The government portfolio would be yesterday's technology, like, oh, 1238 00:57:05,320 --> 00:57:09,400 Speaker 3: I don't know. He cites television channels, radio stations, railways 1239 00:57:09,719 --> 00:57:11,920 Speaker 3: and post and then that you can't argue, can you 1240 00:57:12,200 --> 00:57:13,319 Speaker 3: line to wait the. 1241 00:57:13,480 --> 00:57:16,800 Speaker 2: Mic asking Breakfast with Bailey's Real Estate News. 1242 00:57:16,680 --> 00:57:19,120 Speaker 3: Talk VV like just watching the new White House Press 1243 00:57:19,120 --> 00:57:23,480 Speaker 3: Secretary ten out of ten says Terry. This, according to Glenn, 1244 00:57:23,800 --> 00:57:27,360 Speaker 3: is the highlight of what has just concluded. Fifty minutes 1245 00:57:27,520 --> 00:57:30,000 Speaker 3: military into California to turn the water on. 1246 00:57:30,240 --> 00:57:32,440 Speaker 18: The Army Corps of Engineers has been on the ground 1247 00:57:32,520 --> 00:57:37,320 Speaker 18: in California to respond to the devastation from these wildfires. 1248 00:57:37,560 --> 00:57:40,640 Speaker 18: And I would point out that just days after President 1249 00:57:40,680 --> 00:57:44,120 Speaker 18: Trump visited the devastation from these fires, the water was 1250 00:57:44,200 --> 00:57:46,280 Speaker 18: turned on. That is because of the pressure campaign he 1251 00:57:46,400 --> 00:57:49,520 Speaker 18: put on state and local officials there who clearly lack 1252 00:57:49,600 --> 00:57:52,200 Speaker 18: all common sense. Before President Trump showed up on the scene, 1253 00:57:52,280 --> 00:57:55,439 Speaker 18: Karen Bass was telling private property owners that they would 1254 00:57:55,480 --> 00:57:59,040 Speaker 18: have to wait eighteen months to access their private property. 1255 00:57:59,280 --> 00:58:01,960 Speaker 18: So this adminished the President and his team that's on 1256 00:58:02,040 --> 00:58:05,240 Speaker 18: the ground in California. Rickernell, who has designated to oversee 1257 00:58:05,600 --> 00:58:10,080 Speaker 18: that's great crisis, will continue to put pressure on Karen 1258 00:58:10,160 --> 00:58:12,600 Speaker 18: Bass and state and local officials to allow residents to 1259 00:58:12,640 --> 00:58:13,680 Speaker 18: access their properties. 1260 00:58:13,720 --> 00:58:15,520 Speaker 2: This is a huge part of it. They should be. 1261 00:58:15,520 --> 00:58:17,600 Speaker 18: Able to do that. It's the United States of America. 1262 00:58:17,840 --> 00:58:20,160 Speaker 18: What happened to our freedom? Clearly it's gone in California, 1263 00:58:20,240 --> 00:58:21,880 Speaker 18: but not anymore under President Chump. 1264 00:58:23,040 --> 00:58:26,920 Speaker 3: She's not bad. I watched Trump in the Palisades on 1265 00:58:27,040 --> 00:58:29,800 Speaker 3: I can't remember, said there someday, whatever it was. Bess 1266 00:58:30,040 --> 00:58:32,920 Speaker 3: looked pathetic and her reference there to permits. You need 1267 00:58:32,960 --> 00:58:37,880 Speaker 3: a number of permits, both federal, state and local to 1268 00:58:37,960 --> 00:58:40,120 Speaker 3: get access to your burnt property. And Trump was just 1269 00:58:40,200 --> 00:58:42,560 Speaker 3: sitting there very like John Key, in that common sense 1270 00:58:42,640 --> 00:58:45,000 Speaker 3: kind of way. And it is true to suggest that 1271 00:58:45,160 --> 00:58:47,840 Speaker 3: some people were going to have to wait eighteen months 1272 00:58:48,480 --> 00:58:50,560 Speaker 3: to just get back to there. As Trump put it, 1273 00:58:50,640 --> 00:58:54,400 Speaker 3: there burned out lot where there was nothing anyway, And 1274 00:58:54,520 --> 00:58:57,200 Speaker 3: Bess at one point went, it's kind of better. Safety 1275 00:58:57,520 --> 00:59:00,720 Speaker 3: is the safety, He says, there's nothing there burnt. Let 1276 00:59:00,760 --> 00:59:03,840 Speaker 3: them go and clear their lots. I've already done, he said, 1277 00:59:03,920 --> 00:59:07,479 Speaker 3: I've already got the federal permits, so I've arrived today. 1278 00:59:07,520 --> 00:59:10,120 Speaker 3: So the federal government's done their job, which is very 1279 00:59:10,240 --> 00:59:12,160 Speaker 3: unusual for the federal government to be faster than the 1280 00:59:12,200 --> 00:59:15,360 Speaker 3: state government. By this stage, Bass was looking sick and 1281 00:59:15,520 --> 00:59:17,680 Speaker 3: he just laid around on the floor. And so this 1282 00:59:17,840 --> 00:59:19,840 Speaker 3: is why it's seemingly working so well for him at 1283 00:59:19,840 --> 00:59:23,120 Speaker 3: the moment. So that is her opening. Fifty minutes started. 1284 00:59:23,160 --> 00:59:25,760 Speaker 3: I think on time, which is which is always late, 1285 00:59:25,960 --> 00:59:26,680 Speaker 3: little how late. 1286 00:59:27,320 --> 00:59:29,520 Speaker 13: About seven minutes later, I'd say, we'll. 1287 00:59:29,360 --> 00:59:29,680 Speaker 9: Give it that. 1288 00:59:29,840 --> 00:59:32,720 Speaker 3: That's not bad for day number one. It's politics Wednesday, 1289 00:59:32,800 --> 00:59:35,800 Speaker 3: Jinny Anderson, Mark Mitchell after the News, which is next? 1290 00:59:36,000 --> 00:59:39,040 Speaker 3: You're a news talk said, the. 1291 00:59:44,120 --> 00:59:47,680 Speaker 1: Setting the agenda and talking the big issues, the Mike 1292 00:59:47,720 --> 00:59:51,280 Speaker 1: Conking breakfast with Bailey's real estate, finding the buyers. 1293 00:59:51,440 --> 00:59:52,960 Speaker 2: Others can't use talks head be. 1294 00:59:56,360 --> 01:00:00,920 Speaker 3: Come with me to the ch Queen. 1295 01:00:02,520 --> 01:00:02,640 Speaker 5: Hi. 1296 01:00:02,880 --> 01:00:05,880 Speaker 13: So I don't make the music. I just play the music. 1297 01:00:05,880 --> 01:00:15,440 Speaker 3: This is Sam Amidon from proving perhaps anyone literally can 1298 01:00:15,480 --> 01:00:17,320 Speaker 3: make an album these days. I might make an album 1299 01:00:17,360 --> 01:00:17,680 Speaker 3: this year. 1300 01:00:18,480 --> 01:00:21,440 Speaker 13: You've been threating that for your wealth and you keep 1301 01:00:21,520 --> 01:00:22,000 Speaker 13: not doing. 1302 01:00:21,920 --> 01:00:23,240 Speaker 3: You know that's true. It's a book. I got my 1303 01:00:23,360 --> 01:00:26,280 Speaker 3: offer from the publishing companies as well over the holidays. 1304 01:00:26,960 --> 01:00:29,440 Speaker 13: Look, yeah, you know when you do a book and 1305 01:00:29,720 --> 01:00:31,840 Speaker 13: you can do an audio book and you book and 1306 01:00:31,960 --> 01:00:34,880 Speaker 13: an album. You read it, could you sing it instead? 1307 01:00:36,040 --> 01:00:38,600 Speaker 13: Could you write it in rhyming couplets and then sing it? 1308 01:00:39,160 --> 01:00:43,200 Speaker 3: Salt River is the name of the album. This is 1309 01:00:43,320 --> 01:00:48,560 Speaker 3: avant folk, and he's an avant folk do in sam Amadon. 1310 01:00:48,680 --> 01:00:50,720 Speaker 3: This is a set of covers, which makes it even worse, 1311 01:00:51,560 --> 01:00:55,960 Speaker 3: continues to cultivate as uniquely spectral yet soil bound sound 1312 01:00:57,320 --> 01:01:01,760 Speaker 3: otherwise known as crap. He covers Read's Big Sky. He 1313 01:01:01,920 --> 01:01:04,480 Speaker 3: covers Yoko Ono's asked the Elephant from two thousand and nine. 1314 01:01:04,560 --> 01:01:06,840 Speaker 3: Not a lot of people cover ask the elephant. 1315 01:01:06,520 --> 01:01:09,760 Speaker 13: When I always go for that one at karaoke, don't 1316 01:01:09,760 --> 01:01:10,280 Speaker 13: you exactly? 1317 01:01:10,400 --> 01:01:12,520 Speaker 3: It's the first one I go for Yoko Ono's asked 1318 01:01:12,520 --> 01:01:14,000 Speaker 3: the elephant, Oh, what do you mean? It's not on 1319 01:01:14,120 --> 01:01:16,520 Speaker 3: this machine? What's going wrong there? Also, he's got the 1320 01:01:16,640 --> 01:01:21,000 Speaker 3: over seven minute centerpiece of Golden Willow Tree. This is 1321 01:01:21,080 --> 01:01:24,680 Speaker 3: his part electronic version of an Appalachian ballad that daves. 1322 01:01:25,000 --> 01:01:28,960 Speaker 16: The seventeenth cents. 1323 01:01:29,840 --> 01:01:29,960 Speaker 5: Right. 1324 01:01:30,640 --> 01:01:32,400 Speaker 3: It is eight minutes past eight. It is time for 1325 01:01:32,480 --> 01:01:34,400 Speaker 3: politics Wednesday. Jenny Anderson, Happy New. 1326 01:01:34,440 --> 01:01:34,800 Speaker 5: Year to you. 1327 01:01:35,600 --> 01:01:38,320 Speaker 21: Happy New Year, Mike. Do you have a good holiday break? 1328 01:01:38,440 --> 01:01:40,600 Speaker 3: Had a fabulous holiday break? Thank you. I'll come back 1329 01:01:40,640 --> 01:01:43,040 Speaker 3: to your holiday break in a moment. Actually, Mark Mitchell, 1330 01:01:43,200 --> 01:01:44,000 Speaker 3: good morning. 1331 01:01:44,400 --> 01:01:45,120 Speaker 5: Good morning bike. 1332 01:01:45,240 --> 01:01:47,120 Speaker 3: Were you asleep last week? What was going on? Just 1333 01:01:47,160 --> 01:01:48,960 Speaker 3: because I wasn't there, I don't think I wasn't on 1334 01:01:49,080 --> 01:01:50,200 Speaker 3: top of what's going on here. 1335 01:01:50,920 --> 01:01:55,120 Speaker 16: First of all, humble apologies to everyone, listeners especially, but no, 1336 01:01:55,200 --> 01:01:57,120 Speaker 16: I was up in the Middle East and just quite simply, 1337 01:01:57,160 --> 01:01:59,280 Speaker 16: I failed to pick up an email that was sent 1338 01:01:59,360 --> 01:02:00,840 Speaker 16: to be saying that show was starting again. 1339 01:02:00,880 --> 01:02:01,520 Speaker 5: As simple as that. 1340 01:02:03,800 --> 01:02:07,640 Speaker 3: We'll forgive you this once now, Ginny Jenny thoughts on 1341 01:02:08,240 --> 01:02:08,640 Speaker 3: thoughts on. 1342 01:02:10,160 --> 01:02:11,600 Speaker 21: I was gonna say, can we givet them like a 1343 01:02:11,680 --> 01:02:13,320 Speaker 21: copy of Ass of the Elephant or what? 1344 01:02:19,400 --> 01:02:23,200 Speaker 3: Look it's cool to ask the elephant not sorry, sorry. 1345 01:02:23,560 --> 01:02:26,480 Speaker 5: Well i'd I'd rather have that than the hot yoga classes. 1346 01:02:30,360 --> 01:02:34,240 Speaker 3: Now let me ask you, Ginny. There's Did you see 1347 01:02:34,280 --> 01:02:36,560 Speaker 3: yourself on the news at your retreat? 1348 01:02:37,600 --> 01:02:37,760 Speaker 5: Ah? 1349 01:02:38,120 --> 01:02:40,120 Speaker 3: Yes it did, right, so you were wearing what I 1350 01:02:40,200 --> 01:02:43,920 Speaker 3: would deem to be a elegant summer frock of a 1351 01:02:44,000 --> 01:02:47,040 Speaker 3: slightly complex nature, but nevertheless you you wore it well, 1352 01:02:47,920 --> 01:02:51,040 Speaker 3: thank you. But on the news I saw you with 1353 01:02:51,200 --> 01:02:55,560 Speaker 3: your your chin and your hands staring into Chris Hipkin's eyes, 1354 01:02:55,760 --> 01:02:59,360 Speaker 3: or as though as though there's some sort of oracle, 1355 01:02:59,440 --> 01:03:01,160 Speaker 3: and I thought, who's going on here? 1356 01:03:02,640 --> 01:03:05,000 Speaker 21: I think he was telling it a particularly amusing story. 1357 01:03:05,160 --> 01:03:06,960 Speaker 21: I think that was what was happening in that case. 1358 01:03:07,360 --> 01:03:07,920 Speaker 5: Is that what it was? 1359 01:03:08,040 --> 01:03:09,280 Speaker 3: Do you have a view on jendles? 1360 01:03:10,800 --> 01:03:14,800 Speaker 21: On the jendles? Jendles are fine and there? Oh am 1361 01:03:14,840 --> 01:03:15,320 Speaker 21: I still there? 1362 01:03:15,480 --> 01:03:15,920 Speaker 3: Yes you are? 1363 01:03:16,440 --> 01:03:19,640 Speaker 21: I thought I was dropped off. Look, yeah he was relaxed. 1364 01:03:19,680 --> 01:03:23,000 Speaker 21: We were all pretty relaxed. Jendles are fine jendles at 1365 01:03:23,040 --> 01:03:25,040 Speaker 21: a time when you're not in the offices. 1366 01:03:25,040 --> 01:03:27,560 Speaker 3: Okay, okay, fair enough. Do you have a view on this? 1367 01:03:27,720 --> 01:03:28,840 Speaker 3: Have you heard of Carl. 1368 01:03:28,720 --> 01:03:33,040 Speaker 21: Baits by the way, Col Baits, Yes I have. 1369 01:03:33,320 --> 01:03:36,880 Speaker 3: He's a wan emp Yes I had, not. 1370 01:03:37,920 --> 01:03:39,640 Speaker 21: The Motal guy. That's a different Baits say that. 1371 01:03:44,160 --> 01:03:48,080 Speaker 3: That's right, you're on the fire minister of comedy. Anyway. 1372 01:03:48,080 --> 01:03:50,600 Speaker 3: He's got this jury bill so you can be excluded 1373 01:03:50,680 --> 01:03:53,600 Speaker 3: sixty five to seventy two? Is this wise thinking? Is 1374 01:03:53,640 --> 01:03:54,960 Speaker 3: this is this where we need to go or not? 1375 01:03:56,400 --> 01:03:58,560 Speaker 21: You've got to be cautious on juries. They do hold 1376 01:03:58,600 --> 01:04:02,320 Speaker 21: things up, They take longer, for sure, But when you 1377 01:04:02,480 --> 01:04:05,040 Speaker 21: muck around with that, there are often perverse outcomes. So 1378 01:04:05,160 --> 01:04:07,480 Speaker 21: you want to make sure that you've looked through all 1379 01:04:07,560 --> 01:04:12,120 Speaker 21: of those possibilities before you start mucking around with access 1380 01:04:12,160 --> 01:04:15,560 Speaker 21: to justice. And so you need to be very cautious 1381 01:04:15,680 --> 01:04:18,920 Speaker 21: about what you're trying to achieve and what this will 1382 01:04:18,960 --> 01:04:19,360 Speaker 21: actually do. 1383 01:04:19,680 --> 01:04:20,880 Speaker 3: Okay, well you got a. 1384 01:04:20,920 --> 01:04:21,800 Speaker 2: View mark increase it. 1385 01:04:22,240 --> 01:04:24,480 Speaker 16: We just try to increase the age of eligibility for 1386 01:04:24,560 --> 01:04:26,280 Speaker 16: people to be able to sit on a jury to 1387 01:04:26,360 --> 01:04:26,640 Speaker 16: make more. 1388 01:04:26,960 --> 01:04:28,800 Speaker 21: Sorry, so I didn't realize that was all I thought. 1389 01:04:28,800 --> 01:04:33,000 Speaker 21: It was another proposal by Paul Goldsmith also to restrict 1390 01:04:33,040 --> 01:04:35,400 Speaker 21: the ability to receive a trial by jury. So that's 1391 01:04:35,400 --> 01:04:36,520 Speaker 21: a separate Oh yeah. 1392 01:04:36,440 --> 01:04:37,240 Speaker 3: That's that's separate. 1393 01:04:37,280 --> 01:04:37,480 Speaker 5: Again. 1394 01:04:37,560 --> 01:04:39,160 Speaker 3: I just worry, I worry about I mean, this sort 1395 01:04:39,200 --> 01:04:41,160 Speaker 3: of covers your area, mark to it. Agree in the 1396 01:04:41,240 --> 01:04:43,400 Speaker 3: sense that I just wonder if the whole jury system 1397 01:04:43,520 --> 01:04:48,000 Speaker 3: is not so haphazard and nobody wants to be on it, 1398 01:04:48,120 --> 01:04:50,000 Speaker 3: we need to somehow revisit it. And this is I 1399 01:04:50,080 --> 01:04:51,400 Speaker 3: don't know whether this achieves it or not. 1400 01:04:52,240 --> 01:04:54,040 Speaker 16: Well that's so that's part of the week that Paul's doing, 1401 01:04:54,120 --> 01:04:57,040 Speaker 16: without a doubt, which is important. But this, this Bill 1402 01:04:57,080 --> 01:04:59,760 Speaker 16: of Members, Bill of Carl's is just quite simply saying 1403 01:05:00,320 --> 01:05:02,440 Speaker 16: at the moment, if you're once you're over sixty five, 1404 01:05:02,520 --> 01:05:04,760 Speaker 16: you're not eligible for jury duty. When he's saying that, 1405 01:05:04,840 --> 01:05:07,520 Speaker 16: sixtend that seventy two, and I support that because I'm 1406 01:05:07,600 --> 01:05:08,920 Speaker 16: telling you now, there's a lot of people in the 1407 01:05:09,000 --> 01:05:11,840 Speaker 16: seventies that would make out standing durism probably have the 1408 01:05:11,920 --> 01:05:13,280 Speaker 16: time to be able to dedicate to it. 1409 01:05:13,400 --> 01:05:15,560 Speaker 3: Well, that was that ridiculous rule that Boshia had to 1410 01:05:15,640 --> 01:05:17,960 Speaker 3: resign as an on the seventy two. I mean, if 1411 01:05:17,960 --> 01:05:19,240 Speaker 3: you're up for the job, you're up for the job, 1412 01:05:19,240 --> 01:05:21,760 Speaker 3: aren't you agree. I'm talking to you. I'm talking to 1413 01:05:21,800 --> 01:05:23,600 Speaker 3: you to us A personally turned sixty this year. I'm 1414 01:05:23,680 --> 01:05:26,840 Speaker 3: virtually juriatric. I've never I've never been more alive. 1415 01:05:27,240 --> 01:05:30,600 Speaker 5: I speak. There's the new Cup, team mate, Well, actually. 1416 01:05:30,360 --> 01:05:32,120 Speaker 3: Somebody said fifty is the new forties, So it is 1417 01:05:32,120 --> 01:05:33,320 Speaker 3: that the new forty of the new fifty. 1418 01:05:33,960 --> 01:05:35,480 Speaker 21: Well, I had the big I hit the big five? 1419 01:05:35,520 --> 01:05:36,160 Speaker 21: Oh this year too? 1420 01:05:36,240 --> 01:05:38,920 Speaker 3: So do you sounds so you are going to hit 1421 01:05:38,960 --> 01:05:40,680 Speaker 3: the big You're going to hit the big five. Oh, 1422 01:05:40,720 --> 01:05:42,920 Speaker 3: so you're still in the your forties, that's right? Are 1423 01:05:42,920 --> 01:05:44,280 Speaker 3: you still claiming you're in your thirties? 1424 01:05:44,360 --> 01:05:44,520 Speaker 5: Mark? 1425 01:05:46,840 --> 01:05:49,320 Speaker 16: No, I'm going to be fifty seven this year, but 1426 01:05:49,440 --> 01:05:52,040 Speaker 16: I'm going to but I defaulting back to the fifty 1427 01:05:52,080 --> 01:05:54,840 Speaker 16: seven to the new forty seven, So correct. 1428 01:05:54,840 --> 01:05:56,880 Speaker 3: All right, brief bait more in the moment, Mark Minchell, 1429 01:05:56,880 --> 01:05:58,440 Speaker 3: Giney Anderson, thirteen Past. 1430 01:05:59,160 --> 01:06:03,840 Speaker 1: The Makes Breakfast Full Show podcast on iheartradiow it my 1431 01:06:04,000 --> 01:06:04,600 Speaker 1: News Talk. 1432 01:06:04,520 --> 01:06:07,120 Speaker 3: Zippy News Talks at Me. Sixteen pass eight Politics Wednesday, 1433 01:06:07,160 --> 01:06:10,360 Speaker 3: Mark Mitchell, Ginny Anderson with US opening speeches. Yesterday I 1434 01:06:10,480 --> 01:06:13,000 Speaker 3: watched Mark. You made some very nice comments about what 1435 01:06:13,080 --> 01:06:14,640 Speaker 3: happened to Nelson and the police, and I thought that 1436 01:06:14,720 --> 01:06:19,160 Speaker 3: was very, very nice. But I reckon Ginny that if 1437 01:06:19,200 --> 01:06:21,440 Speaker 3: I was gun was to my head and I had 1438 01:06:21,480 --> 01:06:23,760 Speaker 3: to pick who was better Hipkins or Luxem yesterday in 1439 01:06:23,800 --> 01:06:26,280 Speaker 3: that speech, I'd give it to Hipkins just because I thought, really, 1440 01:06:26,520 --> 01:06:29,200 Speaker 3: yes I did. I thought not by much. But he 1441 01:06:29,320 --> 01:06:33,560 Speaker 3: had more passion and he was moderately humorous in certain points, 1442 01:06:33,600 --> 01:06:35,920 Speaker 3: so I think he won. You would agree with that obviously. 1443 01:06:36,720 --> 01:06:36,919 Speaker 22: Well. 1444 01:06:37,280 --> 01:06:39,760 Speaker 21: I think Latson always struggles when it's twenty minutes, like 1445 01:06:39,840 --> 01:06:41,479 Speaker 21: you get to the sort of we watch the clock 1446 01:06:41,680 --> 01:06:44,400 Speaker 21: as you do, and it gets us at a fourteen 1447 01:06:44,480 --> 01:06:46,240 Speaker 21: and a half, and he kind of just loses a 1448 01:06:46,280 --> 01:06:49,440 Speaker 21: bit of guess and so it just tunes into slogans 1449 01:06:49,480 --> 01:06:52,120 Speaker 21: and they're not really strung together as well. So look, 1450 01:06:52,440 --> 01:06:54,880 Speaker 21: it is always a bit scrappy, but I think Chippy's 1451 01:06:54,880 --> 01:06:57,160 Speaker 21: always been good at telling a story and pulling it 1452 01:06:57,200 --> 01:06:58,600 Speaker 21: together and making people laugh. 1453 01:07:00,160 --> 01:07:03,080 Speaker 3: True to say, Mark, no alition was your idea. 1454 01:07:05,280 --> 01:07:07,720 Speaker 16: Os Midia will. No speeches have been made. But I 1455 01:07:07,760 --> 01:07:09,439 Speaker 16: can tell you one thing. So I wasn't in the house, 1456 01:07:09,520 --> 01:07:12,640 Speaker 16: but there wasting. 1457 01:07:11,400 --> 01:07:15,280 Speaker 3: Up in the house yesterday. Did you come in halfway through? 1458 01:07:16,000 --> 01:07:18,240 Speaker 16: Yes, So I basically walked into that. I got back 1459 01:07:18,240 --> 01:07:20,640 Speaker 16: to Parliament, walked straight into the house to take that speech, 1460 01:07:21,560 --> 01:07:24,280 Speaker 16: to take that call. But look, the Prime Minister's speech 1461 01:07:24,280 --> 01:07:30,040 Speaker 16: would have been full of content focused on well, well 1462 01:07:30,240 --> 01:07:31,600 Speaker 16: I can I can tell you it would have been 1463 01:07:31,640 --> 01:07:33,920 Speaker 16: because that's exactly what the focus has been the last week. 1464 01:07:33,960 --> 01:07:35,480 Speaker 16: And I've been looking at it from overseas, and I 1465 01:07:35,560 --> 01:07:37,880 Speaker 16: think that the country is fully on board and understands 1466 01:07:37,920 --> 01:07:39,200 Speaker 16: that we've got to do a lot of work around 1467 01:07:39,280 --> 01:07:41,320 Speaker 16: growth this year. If I'm with growth, and that's and 1468 01:07:41,400 --> 01:07:42,280 Speaker 16: that's what he would have been talking. 1469 01:07:42,320 --> 01:07:44,720 Speaker 9: Are you today? 1470 01:07:45,080 --> 01:07:48,520 Speaker 3: Would you would you take on board any of what 1471 01:07:48,680 --> 01:07:51,360 Speaker 3: seems to be a building amount of criticism that is 1472 01:07:51,520 --> 01:07:54,640 Speaker 3: as well intentioned as you might be and as as 1473 01:07:54,720 --> 01:07:57,000 Speaker 3: supportive as many people in New Zealand might want to 1474 01:07:57,080 --> 01:07:59,480 Speaker 3: be about what you're trying to do, You actually need 1475 01:07:59,560 --> 01:08:00,680 Speaker 3: to do more than you have done. 1476 01:08:01,800 --> 01:08:03,440 Speaker 5: Well. I just think that there's got there's a lot. 1477 01:08:03,480 --> 01:08:05,200 Speaker 16: We've had so many issues that we've had to deal 1478 01:08:05,240 --> 01:08:10,640 Speaker 16: with with the education, crime, you know, the economy, health 1479 01:08:10,880 --> 01:08:13,480 Speaker 16: that you know, we had a lot to deal with 1480 01:08:13,640 --> 01:08:16,400 Speaker 16: last year. But this year the focus for all of us, 1481 01:08:16,560 --> 01:08:18,160 Speaker 16: we're going to continue to be focused on all those 1482 01:08:18,200 --> 01:08:21,400 Speaker 16: things obviously and continue to men we've created, but that 1483 01:08:21,600 --> 01:08:24,320 Speaker 16: economic growth is critically important for us as a country, 1484 01:08:25,240 --> 01:08:26,800 Speaker 16: and so there's a laser focus on that. 1485 01:08:27,040 --> 01:08:29,960 Speaker 3: And that's what you would have raised with. It was 1486 01:08:30,000 --> 01:08:32,360 Speaker 3: the speed limit thing. So so new Minister of Health 1487 01:08:32,520 --> 01:08:35,120 Speaker 3: was Minister of Transport. He's busy announcing all the increases 1488 01:08:35,160 --> 01:08:37,280 Speaker 3: and road speeds around the country. Forty nine of them 1489 01:08:37,520 --> 01:08:40,240 Speaker 3: are under consultation. What's to consult about? Why why do 1490 01:08:40,320 --> 01:08:43,000 Speaker 3: you need to wait? Just get on with the stroke 1491 01:08:43,040 --> 01:08:43,400 Speaker 3: of a pen. 1492 01:08:43,479 --> 01:08:43,759 Speaker 2: Stuff. 1493 01:08:45,360 --> 01:08:47,479 Speaker 5: I agree with you, I'm not sure what the consultation is. 1494 01:08:47,520 --> 01:08:48,800 Speaker 5: I thought that he was really clear about it. 1495 01:08:48,960 --> 01:08:51,000 Speaker 21: You're in the government's market. I should know. 1496 01:08:52,280 --> 01:08:55,640 Speaker 5: It's not my portfol it's not my portfolio. It's someone else's. 1497 01:09:00,439 --> 01:09:03,320 Speaker 3: Stuff you can do and this stuff they're committee about. 1498 01:09:03,400 --> 01:09:06,280 Speaker 3: But yeah, you know, making something go from one hundred 1499 01:09:06,280 --> 01:09:09,640 Speaker 3: to one hundred and ten doesn't require consultation, does it. 1500 01:09:09,840 --> 01:09:09,880 Speaker 15: No? 1501 01:09:10,120 --> 01:09:12,160 Speaker 5: So no, So those decisions have been made. 1502 01:09:12,240 --> 01:09:13,960 Speaker 16: So I'd have to go away and check and find 1503 01:09:14,000 --> 01:09:17,000 Speaker 16: out what consultation exactly they're talking about. Whether it's with 1504 01:09:17,120 --> 01:09:21,000 Speaker 16: local government, I don't know, but certainly those decisions from 1505 01:09:21,040 --> 01:09:24,080 Speaker 16: central government already been made to reverse what LABEL was doing, 1506 01:09:24,080 --> 01:09:25,280 Speaker 16: and that's trying to slow us all down. 1507 01:09:25,320 --> 01:09:26,120 Speaker 5: And they were very good at that. 1508 01:09:26,439 --> 01:09:30,080 Speaker 3: Ginny Wales and Cowie Trees. 1509 01:09:30,280 --> 01:09:34,320 Speaker 21: What can you tell me, Well, I'll tell you one 1510 01:09:34,400 --> 01:09:36,400 Speaker 21: thing that's kind of missing a bit is that we 1511 01:09:36,680 --> 01:09:40,600 Speaker 21: know that last year they made the wrong choices. We 1512 01:09:40,720 --> 01:09:44,000 Speaker 21: saw two point nine billion and text cuts for people 1513 01:09:44,120 --> 01:09:46,479 Speaker 21: like lean laws and that plan. And I just want 1514 01:09:46,520 --> 01:09:48,479 Speaker 21: to get this out because he made a comment about. 1515 01:09:49,840 --> 01:09:52,640 Speaker 3: Hates ersy do you hate me? 1516 01:09:53,920 --> 01:09:55,559 Speaker 21: Well, I don't think you need a text cut as 1517 01:09:55,640 --> 01:09:56,919 Speaker 21: much as someone who can't. 1518 01:09:56,680 --> 01:09:57,680 Speaker 23: Afford and. 1519 01:09:59,680 --> 01:10:01,000 Speaker 3: Dump and going to renovate it this year. 1520 01:10:01,200 --> 01:10:05,439 Speaker 21: I am not providing houses. Houses have been stopping. I 1521 01:10:05,560 --> 01:10:06,639 Speaker 21: was saying, I just want to get what to say. 1522 01:10:06,960 --> 01:10:10,240 Speaker 21: So they tanked the economy. They paused a whole bunch 1523 01:10:10,400 --> 01:10:15,080 Speaker 21: of different infrastructure projects, twelve thousand fewer construction workers in 1524 01:10:15,160 --> 01:10:19,040 Speaker 21: New Zealand International. We hear growth at two point four percent, 1525 01:10:19,680 --> 01:10:22,600 Speaker 21: and that has declined every quarter since National came in. 1526 01:10:22,680 --> 01:10:25,519 Speaker 21: They've tanked the economy and now now they're turning around 1527 01:10:25,600 --> 01:10:27,719 Speaker 21: and saying, I will fix it and get some growth 1528 01:10:28,000 --> 01:10:32,240 Speaker 21: by having some digital nomads, and then we will just 1529 01:10:32,320 --> 01:10:33,959 Speaker 21: start selling off the family silver. 1530 01:10:34,880 --> 01:10:37,599 Speaker 3: And the only digital nomads. It was Chris Hipkins who 1531 01:10:37,640 --> 01:10:40,080 Speaker 3: said in twenty forty, the New Zealand economy will be 1532 01:10:40,120 --> 01:10:43,160 Speaker 3: strong and resilient. We will have digital nomads calling New 1533 01:10:43,240 --> 01:10:46,479 Speaker 3: Zealand home. So he loved digital nomads last year, didn't 1534 01:10:46,520 --> 01:10:47,479 Speaker 3: like them. Now what happens. 1535 01:10:47,720 --> 01:10:49,960 Speaker 21: Digital nomads are great, but they're not going to start 1536 01:10:50,000 --> 01:10:53,479 Speaker 21: growth if you've got coming into if everyone are going 1537 01:10:53,520 --> 01:10:55,920 Speaker 21: to come in here paying just GST but no tax, 1538 01:10:56,080 --> 01:10:57,160 Speaker 21: they don't increase wages. 1539 01:10:57,560 --> 01:11:02,120 Speaker 16: Chriss Chris Hipkins a year ago, regular's hands saying sorry 1540 01:11:02,200 --> 01:11:05,120 Speaker 16: that we over promised it underdelivered, and I'll tell you 1541 01:11:05,280 --> 01:11:08,479 Speaker 16: right now, mon Electric Jinny. The only infrastructure projects that 1542 01:11:08,600 --> 01:11:10,559 Speaker 16: got started and being delivered at those ones that were 1543 01:11:10,560 --> 01:11:11,680 Speaker 16: started on the national. 1544 01:11:11,479 --> 01:11:15,439 Speaker 3: Okay, we're going to do that. You cannot you cannot 1545 01:11:15,520 --> 01:11:17,519 Speaker 3: leave the program without telling me of you on whales 1546 01:11:17,560 --> 01:11:19,320 Speaker 3: and Cowrie, you funded this to the tune of four 1547 01:11:19,360 --> 01:11:21,719 Speaker 3: point two million dollars. And whether whether or not singing 1548 01:11:21,800 --> 01:11:25,120 Speaker 3: whales can say dying Cowrie trees. 1549 01:11:26,280 --> 01:11:29,920 Speaker 21: Well coding charge of back. I'd like to see the 1550 01:11:29,960 --> 01:11:31,639 Speaker 21: fine print on that, to be honest, because it sounds 1551 01:11:31,680 --> 01:11:33,559 Speaker 21: like one they've pulled out of it at weak Bax people. 1552 01:11:33,600 --> 01:11:36,320 Speaker 3: Well, it came from the science thing that you set up. 1553 01:11:36,400 --> 01:11:38,120 Speaker 3: That was a forty million dollar job. But for four 1554 01:11:38,160 --> 01:11:40,880 Speaker 3: point two million dollars you had people wandering around working 1555 01:11:40,960 --> 01:11:44,280 Speaker 3: up with a sales Whales Singing saved Cowrie die back 1556 01:11:44,400 --> 01:11:45,000 Speaker 3: or mortal. 1557 01:11:44,840 --> 01:11:45,920 Speaker 5: Roman governments set it up. 1558 01:11:46,000 --> 01:11:48,599 Speaker 21: You should Well, we've also got a government who's trying 1559 01:11:48,640 --> 01:11:51,559 Speaker 21: to tune round a tanked economy by letting some people 1560 01:11:51,640 --> 01:11:53,680 Speaker 21: bring their computers into the country. I think that's just 1561 01:11:53,760 --> 01:11:57,280 Speaker 21: about a stick who tank the economy. You definitely did, 1562 01:11:57,840 --> 01:12:02,200 Speaker 21: definitely by firing people kinseling infrastructure. 1563 01:12:01,680 --> 01:12:03,720 Speaker 5: Prayers of vandals and we're turning it around and next 1564 01:12:03,760 --> 01:12:04,920 Speaker 5: to yes, we are going to well. 1565 01:12:05,000 --> 01:12:07,040 Speaker 21: Try the deeper into the ground tomorrow. 1566 01:12:07,120 --> 01:12:08,840 Speaker 3: You guys, it's good to have you back. Jimmy Anderson 1567 01:12:08,840 --> 01:12:12,040 Speaker 3: and Mark Mitchell on Politics Wednesday. Right throughout twenty twenty five. 1568 01:12:12,280 --> 01:12:15,680 Speaker 1: It is eight twenty two the Vike Hosking Breakfast with 1569 01:12:15,960 --> 01:12:18,400 Speaker 1: a Vida Retirement Communities News togs. 1570 01:12:18,400 --> 01:12:21,599 Speaker 3: He'd be now book a Batch. They've been helping travelers 1571 01:12:21,640 --> 01:12:23,960 Speaker 3: find awesome private holiday homes of course for how long 1572 01:12:24,000 --> 01:12:25,760 Speaker 3: thirty years, so they've been in the business a while. 1573 01:12:25,840 --> 01:12:28,800 Speaker 3: Unlike some other vacation rentals, book a Batch you relax 1574 01:12:28,920 --> 01:12:30,800 Speaker 3: knowing that you are making a very solid choice because 1575 01:12:30,840 --> 01:12:33,960 Speaker 3: no awkward small talk with hosts hanging around, because in 1576 01:12:34,040 --> 01:12:35,800 Speaker 3: a book a Batch, the host is never with you. 1577 01:12:36,280 --> 01:12:38,080 Speaker 3: When you get to your house, you can unwind. You 1578 01:12:38,160 --> 01:12:40,160 Speaker 3: spent your holiday with just your friends and family, which 1579 01:12:40,200 --> 01:12:42,080 Speaker 3: is of course what you want. So when you book 1580 01:12:42,080 --> 01:12:44,640 Speaker 3: a holiday home, you also want to know exactly what 1581 01:12:44,720 --> 01:12:46,360 Speaker 3: you're paying before your book and with Book a Batch, 1582 01:12:46,439 --> 01:12:48,479 Speaker 3: they lay that all out up front, so no worries, 1583 01:12:48,479 --> 01:12:51,000 Speaker 3: no hidden fees, sneaking up on you after you stay, 1584 01:12:51,120 --> 01:12:54,040 Speaker 3: just total transparency. And with Booker batch. You basically just 1585 01:12:54,160 --> 01:12:57,719 Speaker 3: kick back and enjoy the old VAK without any unexpected stress. 1586 01:12:57,720 --> 01:12:59,920 Speaker 3: So book your next private holiday home in the book 1587 01:13:00,040 --> 01:13:03,439 Speaker 3: bad app and relax when you choose book a Batch. 1588 01:13:04,080 --> 01:13:06,320 Speaker 3: Ask welcome back, Mike, Happy new Year. I hope you 1589 01:13:06,360 --> 01:13:08,680 Speaker 3: had a great holiday. Just tuned in makes the year 1590 01:13:08,760 --> 01:13:11,960 Speaker 3: feel like it's really getting started. Well, come on, you 1591 01:13:12,120 --> 01:13:15,040 Speaker 3: started yesterday, mate, and I knowe you. I start back 1592 01:13:15,040 --> 01:13:20,240 Speaker 3: at work tomorrow. Nice for some I was hoping to 1593 01:13:20,280 --> 01:13:23,000 Speaker 3: get a call from Bruce yesterday, actually because Bruce was 1594 01:13:23,040 --> 01:13:25,479 Speaker 3: going to ring a bloke who runs a company who 1595 01:13:25,600 --> 01:13:29,280 Speaker 3: wasn't back until yesterday as well. So for all of 1596 01:13:29,320 --> 01:13:31,280 Speaker 3: you who said I take too long a holidays. The 1597 01:13:31,280 --> 01:13:33,559 Speaker 3: guy who runs the coffee machine company, who I desperately 1598 01:13:33,600 --> 01:13:35,680 Speaker 3: need to get hold of via Bruce, who fixes my 1599 01:13:35,720 --> 01:13:37,760 Speaker 3: coffee machine, he wasn't back until yes day either, So 1600 01:13:37,960 --> 01:13:40,720 Speaker 3: no one's back. And you Texter, I knowpe, you're not 1601 01:13:40,760 --> 01:13:41,519 Speaker 3: back until tomorrow. 1602 01:13:41,800 --> 01:13:43,800 Speaker 13: You have you had a flashing light on the machine 1603 01:13:43,840 --> 01:13:44,960 Speaker 13: and you don't know how to make it. 1604 01:13:45,040 --> 01:13:47,320 Speaker 3: Top least I have a machine that doesn't work. And 1605 01:13:47,439 --> 01:13:49,160 Speaker 3: the guy came Bruce came around and he looked and 1606 01:13:49,160 --> 01:13:51,880 Speaker 3: he said, could be the operating board, the control board 1607 01:13:52,400 --> 01:13:55,240 Speaker 3: could be the screen. And then he said the worst 1608 01:13:55,280 --> 01:13:57,519 Speaker 3: news of all, I'm not sure if they'll carry those parts. 1609 01:13:58,479 --> 01:14:00,439 Speaker 3: So I've got pretty much ninety eight sent of a 1610 01:14:00,520 --> 01:14:02,759 Speaker 3: machine and no ability to make any coffee. 1611 01:14:03,880 --> 01:14:05,479 Speaker 13: So it might be time for an upgrade. 1612 01:14:05,560 --> 01:14:07,640 Speaker 3: You reckon, I don't think I haven't broached that with 1613 01:14:07,760 --> 01:14:11,160 Speaker 3: the chief executive, and you can imagine how that went 1614 01:14:11,200 --> 01:14:14,839 Speaker 3: down just after Christmas? Can't you so complicated a machine? 1615 01:14:14,880 --> 01:14:17,160 Speaker 13: Do you need to make a medium black Well. 1616 01:14:17,040 --> 01:14:20,920 Speaker 3: It needs a control board and a screen. Clearly, why 1617 01:14:21,160 --> 01:14:23,280 Speaker 3: didn't she answer the question about Wales? Michael All? The 1618 01:14:23,320 --> 01:14:25,000 Speaker 3: answer is there is no answer to a question of 1619 01:14:25,040 --> 01:14:25,479 Speaker 3: that nature. 1620 01:14:25,560 --> 01:14:26,000 Speaker 2: Is there really? 1621 01:14:28,439 --> 01:14:30,559 Speaker 3: What do you say about Wales and Cowerrie trees? 1622 01:14:30,640 --> 01:14:33,599 Speaker 2: Is crush? 1623 01:14:34,720 --> 01:14:37,640 Speaker 3: Steve Price is in Australia and but moments away here 1624 01:14:37,720 --> 01:14:39,759 Speaker 3: on the Mike Hosking Breakfast, the News Dog. 1625 01:14:39,680 --> 01:14:45,680 Speaker 1: ZEDB, The Breakfast Show, Kiwi's Trust to Stay in the Know, 1626 01:14:46,200 --> 01:14:50,559 Speaker 1: The Mike Hosking Breakfast with a Vida, Retirement, Communities, Life 1627 01:14:50,800 --> 01:14:52,200 Speaker 1: Your Way News, togs headb. 1628 01:14:52,680 --> 01:14:54,920 Speaker 3: World Tourism numbers out this morning for the World Tourism 1629 01:14:55,040 --> 01:15:00,639 Speaker 3: Organization and this just once again reinforces how shocking badly. 1630 01:15:00,800 --> 01:15:04,639 Speaker 3: We are doing, have done, and are doing because I'll 1631 01:15:04,680 --> 01:15:06,400 Speaker 3: take you through the regions in a moment. But there 1632 01:15:06,439 --> 01:15:10,360 Speaker 3: were one point four billion people traveled internationally last year, 1633 01:15:11,000 --> 01:15:12,960 Speaker 3: ninety nine percent of the number who did the same 1634 01:15:13,000 --> 01:15:15,479 Speaker 3: before twenty nineteen. In other words, the entire world has 1635 01:15:15,600 --> 01:15:18,000 Speaker 3: bounced back from COVID. We're stuck on eighty seven, but 1636 01:15:18,120 --> 01:15:19,639 Speaker 3: more shortly twenty three to nine. 1637 01:15:20,200 --> 01:15:24,040 Speaker 2: International correspondence with ends and eye insurance. Peace of mind 1638 01:15:24,120 --> 01:15:25,080 Speaker 2: for New Zealand business. 1639 01:15:25,240 --> 01:15:29,000 Speaker 3: Well make TV price Happy New Year, you too, Welcome back. 1640 01:15:29,160 --> 01:15:30,719 Speaker 22: You've got a very long holiday. 1641 01:15:30,840 --> 01:15:36,040 Speaker 3: Yeah, I thought I was watching you on SkyTV on 1642 01:15:36,439 --> 01:15:38,519 Speaker 3: must have been Friday night? Was it Friday night? Would 1643 01:15:38,520 --> 01:15:40,439 Speaker 3: have been Friday night? Anyway, I thought as soon as 1644 01:15:40,479 --> 01:15:43,240 Speaker 3: I talked to this clown on Tuesday Wednesday, he's going 1645 01:15:43,320 --> 01:15:44,720 Speaker 3: to give me a hard time about my holiday. And 1646 01:15:45,680 --> 01:15:48,759 Speaker 3: well done. Having said that, speaking of holidays, how was yours? 1647 01:15:50,320 --> 01:15:53,960 Speaker 22: I spent two weeks in New Zealand and I've saved 1648 01:15:53,960 --> 01:15:56,280 Speaker 22: this up for you, so just briefly, because I know 1649 01:15:56,600 --> 01:15:59,640 Speaker 22: we're short of tied, are we? My likes and dislikes 1650 01:15:59,680 --> 01:16:02,920 Speaker 22: of your country as a tourist who had not been 1651 01:16:03,040 --> 01:16:06,280 Speaker 22: to the North Island for probably twenty years or more. 1652 01:16:07,880 --> 01:16:11,599 Speaker 22: Lack of graffiti in Auckland, big tick, very clean city. 1653 01:16:11,880 --> 01:16:16,519 Speaker 22: Loved it. The chicken sandwich at the Federal Delhi in Auckland. 1654 01:16:16,760 --> 01:16:21,800 Speaker 22: Outstanding lunch at Amarno Italian at Britomart, You've got to 1655 01:16:21,920 --> 01:16:22,320 Speaker 22: go there. 1656 01:16:23,680 --> 01:16:26,800 Speaker 3: Did you find the service acceptable or not acceptably? 1657 01:16:26,960 --> 01:16:29,640 Speaker 22: Well? I thought it was fantastic. They were full and 1658 01:16:29,680 --> 01:16:31,679 Speaker 22: they found us at table, set us on the footpath, 1659 01:16:31,720 --> 01:16:34,160 Speaker 22: but that didn't matter. The food was great and the 1660 01:16:34,320 --> 01:16:39,479 Speaker 22: cheese scones at Tyrower to die for. So when you're 1661 01:16:39,479 --> 01:16:44,680 Speaker 22: going south from is it Tyroller or Tyr Just down 1662 01:16:44,760 --> 01:16:48,599 Speaker 22: from Hamilton a little place called the Canteen cheese SCons 1663 01:16:48,760 --> 01:16:51,920 Speaker 22: I dreamt about for the last three weeks. Dislikes the 1664 01:16:52,000 --> 01:16:55,160 Speaker 22: bunkers at Royal Oakland Golf Club. You know they truck 1665 01:16:55,240 --> 01:16:58,360 Speaker 22: the sand in from the bottom of the South Island. 1666 01:16:58,800 --> 01:17:00,519 Speaker 3: How did you get on the Royal or not being 1667 01:17:00,520 --> 01:17:02,920 Speaker 3: a member? Did you flash some flash card out of Victoria? 1668 01:17:03,760 --> 01:17:08,400 Speaker 22: Correct? I'm reciprocals with Royal Sorrento one way bridges on 1669 01:17:08,479 --> 01:17:13,479 Speaker 22: the Coromandel Nightmare. A bottle of bottle of water four dollars. 1670 01:17:13,640 --> 01:17:15,760 Speaker 22: The bottle of water. But when you use your card 1671 01:17:16,000 --> 01:17:18,240 Speaker 22: four dollars seventy five what the hell's going on there? 1672 01:17:19,360 --> 01:17:21,680 Speaker 22: And the traffic lights in Auckland they take too long 1673 01:17:21,720 --> 01:17:22,120 Speaker 22: to change. 1674 01:17:22,560 --> 01:17:24,960 Speaker 3: I couldn't agree with you more. You've nailed New Zealand 1675 01:17:25,360 --> 01:17:28,559 Speaker 3: absolutely superbly. My only question for you is I thought 1676 01:17:28,560 --> 01:17:30,320 Speaker 3: you were going to New Plymouth and none of that 1677 01:17:30,439 --> 01:17:31,719 Speaker 3: was even close to New Plymouth. 1678 01:17:32,400 --> 01:17:34,320 Speaker 22: I did go to New Plymouth and there was a 1679 01:17:34,360 --> 01:17:37,599 Speaker 22: couple of outstanding golf courses there. As our top rating 1680 01:17:37,640 --> 01:17:40,640 Speaker 22: breakfast show ever been sponsored by Toyota, are likely to be. 1681 01:17:40,680 --> 01:17:44,080 Speaker 3: In the future Toyota. No, We're currently sponsored by Jaguar Landrover, 1682 01:17:44,240 --> 01:17:47,680 Speaker 3: a vastly superior vehicular form of transportation. 1683 01:17:48,600 --> 01:17:51,080 Speaker 22: Two weeks in a Toyota Yaris Cross at the cost 1684 01:17:51,120 --> 01:17:52,880 Speaker 22: of three thousand, seven hundred dollars. 1685 01:17:53,080 --> 01:17:56,800 Speaker 2: Yes, it's a crap car and cost too much. 1686 01:18:00,760 --> 01:18:02,360 Speaker 6: There's a trip in a nutshell. 1687 01:18:02,760 --> 01:18:06,360 Speaker 3: Very well done. Now did you personally know the punisher, 1688 01:18:06,479 --> 01:18:09,320 Speaker 3: Sam Abdul Rahman by any chance? 1689 01:18:10,000 --> 01:18:10,439 Speaker 22: Thank god? 1690 01:18:10,520 --> 01:18:11,160 Speaker 9: I didn't know. 1691 01:18:12,240 --> 01:18:15,040 Speaker 22: He was a number of attempts on his life over 1692 01:18:15,080 --> 01:18:19,160 Speaker 22: the years, but he was finally ambushed outside an apartment 1693 01:18:19,240 --> 01:18:23,000 Speaker 22: complex in Preston and the Northern s Melbourne yesterday, shot 1694 01:18:23,040 --> 01:18:26,120 Speaker 22: in the head, ambushed in an underground car park. This 1695 01:18:26,280 --> 01:18:30,080 Speaker 22: is a guy who has a lot of criminal enemies, 1696 01:18:30,200 --> 01:18:34,640 Speaker 22: many of whom we believe live offshore in places like 1697 01:18:34,800 --> 01:18:39,120 Speaker 22: the UAE and in Lebanon, and he's been involved, we 1698 01:18:39,320 --> 01:18:44,720 Speaker 22: believe in these tobacco shops being burned down, Jim's being 1699 01:18:44,800 --> 01:18:47,400 Speaker 22: burned down. He was supposed to have a boxing match 1700 01:18:47,439 --> 01:18:50,080 Speaker 22: at one point, and the place where the gym where 1701 01:18:50,080 --> 01:18:52,400 Speaker 22: he was going to stage this boxing match was also 1702 01:18:52,560 --> 01:18:56,160 Speaker 22: torched one night, so probably no one except his close 1703 01:18:56,240 --> 01:18:57,200 Speaker 22: family and friends going. 1704 01:18:57,120 --> 01:18:57,600 Speaker 12: To miss him on. 1705 01:18:57,680 --> 01:19:00,519 Speaker 3: This is just the underworld of Melbourne. I mean, for 1706 01:19:00,560 --> 01:19:02,880 Speaker 3: all the television programs they made about the underworld of Melbourne, 1707 01:19:02,920 --> 01:19:04,519 Speaker 3: still as underworld as the ever was. 1708 01:19:04,600 --> 01:19:06,479 Speaker 2: Clearly yes it is. 1709 01:19:06,560 --> 01:19:08,599 Speaker 22: I mean it's not quite as bad as Sydney, where 1710 01:19:08,600 --> 01:19:11,040 Speaker 22: you get hits like this on a regular basis. Melbourne 1711 01:19:12,120 --> 01:19:14,680 Speaker 22: used to have that back in the two thousands, but 1712 01:19:15,040 --> 01:19:18,360 Speaker 22: it's been slowed down slightly. But that was a completely 1713 01:19:19,040 --> 01:19:22,120 Speaker 22: brutal assassination of this criminal yesterday. 1714 01:19:22,120 --> 01:19:24,160 Speaker 3: Following your economy with a great deal of interest, so 1715 01:19:24,560 --> 01:19:26,679 Speaker 3: your standgal, I mean, elbow is going to be desperate 1716 01:19:26,760 --> 01:19:29,639 Speaker 3: for a cut. Is a cut coming, do you think 1717 01:19:29,720 --> 01:19:30,479 Speaker 3: before the vote? 1718 01:19:31,479 --> 01:19:34,280 Speaker 22: Well, the jury is still out. There will be a 1719 01:19:34,320 --> 01:19:36,880 Speaker 22: figure out today a couple of hours time, lunchtime, out 1720 01:19:36,880 --> 01:19:39,920 Speaker 22: of time. The inflation rate. So if the inflation rate 1721 01:19:39,960 --> 01:19:43,240 Speaker 22: continues to go south, then the chances of a rate 1722 01:19:43,320 --> 01:19:46,320 Speaker 22: cut in February by the Reserve Bank are on and 1723 01:19:46,880 --> 01:19:49,280 Speaker 22: Anthony Veniez and Jim Charmers must just go to bed 1724 01:19:49,320 --> 01:19:52,240 Speaker 22: every night and pray that this happens. I mean, currently 1725 01:19:52,840 --> 01:19:56,080 Speaker 22: it's headed toward the two to three percent band that's inflation. 1726 01:19:57,000 --> 01:19:59,200 Speaker 22: The Reserve Bank. I was still a little worried about 1727 01:19:59,240 --> 01:20:01,559 Speaker 22: the fact that we've got a very strong jobs market. 1728 01:20:01,720 --> 01:20:05,679 Speaker 22: Unemployment's very low, but the government is spending like drunken 1729 01:20:05,800 --> 01:20:09,160 Speaker 22: sailors and that's adding to inflation. And now dollar is 1730 01:20:09,200 --> 01:20:13,000 Speaker 22: collapsing against the US dollar. So to the year to 1731 01:20:13,040 --> 01:20:16,200 Speaker 22: December inflation in this country was three point three percent. 1732 01:20:16,680 --> 01:20:18,040 Speaker 22: It's got to have it to in front of it. 1733 01:20:18,080 --> 01:20:21,080 Speaker 22: If the reserve's going to move. If the Reserve moves, 1734 01:20:21,160 --> 01:20:24,040 Speaker 22: that's when Anthony Albanizia'll say, right over there, go see 1735 01:20:24,080 --> 01:20:27,000 Speaker 22: what's happened. We've harved inflation since we've been in office. 1736 01:20:27,080 --> 01:20:28,760 Speaker 22: Let's go to an election. You can put me back 1737 01:20:28,800 --> 01:20:31,280 Speaker 22: in charge because I know how to manage money. No 1738 01:20:31,400 --> 01:20:32,040 Speaker 22: one believes that. 1739 01:20:32,240 --> 01:20:34,479 Speaker 3: No, indeed not would you call the election right now? 1740 01:20:36,520 --> 01:20:38,720 Speaker 22: If I was Anthony Albanezi, I think I'd wait until 1741 01:20:38,720 --> 01:20:42,479 Speaker 22: the last possible date, probably mid April or early May, 1742 01:20:43,000 --> 01:20:46,599 Speaker 22: because his polling is atrocious while you've been away. 1743 01:20:46,640 --> 01:20:47,840 Speaker 6: He's just in a free fall. 1744 01:20:48,360 --> 01:20:51,599 Speaker 22: It's just sad to watch, and his leadership, particularly over 1745 01:20:51,640 --> 01:20:52,840 Speaker 22: the anti Semitism thing. 1746 01:20:52,760 --> 01:20:54,800 Speaker 3: Is exactly Yeah, that's what I was going to two 1747 01:20:54,800 --> 01:20:56,880 Speaker 3: part question, Actually, what just give us a price? This 1748 01:20:56,960 --> 01:20:59,360 Speaker 3: anti Semitism thing? Where the hell has all that come from? 1749 01:21:01,280 --> 01:21:05,640 Speaker 22: Lack of action immediately after October seven, allowing people to 1750 01:21:05,960 --> 01:21:09,960 Speaker 22: protest every Sunday in Melbourne for the last what is 1751 01:21:10,040 --> 01:21:14,760 Speaker 22: it two years, almost one and a half years, unbridled 1752 01:21:15,000 --> 01:21:19,519 Speaker 22: being able to wear Kefia's takeover universities. I mean, it's 1753 01:21:19,640 --> 01:21:24,120 Speaker 22: just come from the far left and particularly agitated by 1754 01:21:24,320 --> 01:21:27,559 Speaker 22: the socialist agenda in both Sydney and Melbourne. And it's 1755 01:21:27,600 --> 01:21:29,120 Speaker 22: got out of hand in Sydney with all of the 1756 01:21:29,160 --> 01:21:33,920 Speaker 22: burning down of childcare centers and mosques sorry, and Jewish 1757 01:21:34,040 --> 01:21:38,240 Speaker 22: places of religion. I mean, it's just it's really frightening 1758 01:21:38,320 --> 01:21:40,720 Speaker 22: to watch. The Jewish community, of whom I know a lot, 1759 01:21:41,479 --> 01:21:43,040 Speaker 22: are very frightened at about it all. 1760 01:21:43,360 --> 01:21:45,120 Speaker 3: A second part of the question was, and I was 1761 01:21:45,120 --> 01:21:46,680 Speaker 3: asking him made of mine in Sydney the other day 1762 01:21:46,680 --> 01:21:48,680 Speaker 3: and he didn't know the question. So these polls I'm 1763 01:21:48,720 --> 01:21:52,759 Speaker 3: watching this week two party preferred and single party coalitions ahead, 1764 01:21:53,120 --> 01:21:56,639 Speaker 3: given the preferencing and all that stuff, how far ahead 1765 01:21:56,840 --> 01:21:59,120 Speaker 3: does a coalition need to be in front on two 1766 01:21:59,200 --> 01:22:02,680 Speaker 3: party preferred feel good about winning a. 1767 01:22:02,720 --> 01:22:04,920 Speaker 22: Bit more than where they are. They've got to win 1768 01:22:05,000 --> 01:22:07,600 Speaker 22: aiden seats to win majority government. That's a hell of 1769 01:22:07,640 --> 01:22:10,720 Speaker 22: an ask in two party preferred. If you looked into 1770 01:22:10,760 --> 01:22:14,160 Speaker 22: those figures that released a newspot yesterday or on Monday, 1771 01:22:14,960 --> 01:22:17,720 Speaker 22: they would fall short. Probably they'd win fifteen on that 1772 01:22:18,400 --> 01:22:21,240 Speaker 22: if it was they needed something like a five point 1773 01:22:21,320 --> 01:22:26,280 Speaker 22: three percent swing against the government nationally because the Greens 1774 01:22:26,320 --> 01:22:29,479 Speaker 22: obviously always preference labor. I think we're headed still at 1775 01:22:29,520 --> 01:22:33,240 Speaker 22: the moment to a minority labored government, which would be 1776 01:22:33,280 --> 01:22:35,439 Speaker 22: a disaster because they would have to do deals with 1777 01:22:35,640 --> 01:22:39,720 Speaker 22: the teals who do survive and some will, and that 1778 01:22:39,800 --> 01:22:42,200 Speaker 22: would be bad for Australia. I think Dutton's on the 1779 01:22:42,320 --> 01:22:44,960 Speaker 22: right path. He's got a number of things have to 1780 01:22:45,040 --> 01:22:47,960 Speaker 22: go right for him. But if he continues to be 1781 01:22:48,200 --> 01:22:51,559 Speaker 22: as strong as he is on things like energy policy 1782 01:22:51,760 --> 01:22:53,960 Speaker 22: and immigration, I think he's got a chance. 1783 01:22:53,920 --> 01:22:57,560 Speaker 3: Very interesting year. Just to correct this, I might have so, 1784 01:22:57,800 --> 01:23:00,000 Speaker 3: was it ty Ruha which is a place? 1785 01:23:00,680 --> 01:23:01,799 Speaker 2: Or was it ten rour. 1786 01:23:03,439 --> 01:23:07,120 Speaker 22: It's spelt t i r a u. 1787 01:23:07,439 --> 01:23:10,479 Speaker 3: Yeah, t raw that's separate to tyr right, glab Apparently 1788 01:23:10,520 --> 01:23:13,160 Speaker 3: they're the cheese businesses particularly famous in that part of 1789 01:23:13,200 --> 01:23:15,320 Speaker 3: the world. Well, they mate, we'll catch up again on Friday. 1790 01:23:15,320 --> 01:23:17,400 Speaker 3: I appreciate, No, we won't. We'll catch up again next Monday, 1791 01:23:17,479 --> 01:23:19,840 Speaker 3: steveson unless we're putting Steve on Friday, which we're not. 1792 01:23:20,439 --> 01:23:25,600 Speaker 3: So no change to the program. Don't Panic eight forty five, The. 1793 01:23:25,680 --> 01:23:30,080 Speaker 1: High Asking Breakfast Full Show podcast on iHeartRadio, powered by 1794 01:23:30,160 --> 01:23:30,960 Speaker 1: News Talks at B. 1795 01:23:31,320 --> 01:23:33,720 Speaker 3: Right, So, the world tourism numbers ninety nine percent back. 1796 01:23:33,720 --> 01:23:35,160 Speaker 3: In other words, the world has bounced back to pre 1797 01:23:35,240 --> 01:23:37,679 Speaker 3: COVID levels except for New Zealand. Of course. One point 1798 01:23:37,760 --> 01:23:42,639 Speaker 3: four billion traveled last year. Internationally, one point nine trillion 1799 01:23:43,400 --> 01:23:45,760 Speaker 3: was spent, so each tour is spent more than a 1800 01:23:45,800 --> 01:23:48,400 Speaker 3: thousand dollars per person On average. Europe was the most 1801 01:23:48,479 --> 01:23:51,599 Speaker 3: visited continent. Seven hundred and forty seven million people went 1802 01:23:51,640 --> 01:23:54,759 Speaker 3: to Europe. France the most visited country one hundred million. 1803 01:23:55,320 --> 01:23:57,880 Speaker 3: They had some special stuff on. Of course, three hundred 1804 01:23:57,920 --> 01:24:00,639 Speaker 3: and sixteen million went to Asia Pacific, hundred and thirteen 1805 01:24:00,680 --> 01:24:02,439 Speaker 3: to the America's ninety five to the Middle East, seventy 1806 01:24:02,439 --> 01:24:05,519 Speaker 3: four to Africa, Middle East Qatar one hundred and thirty 1807 01:24:05,520 --> 01:24:08,800 Speaker 3: seven percent increase in tourists. Why because they built it 1808 01:24:08,920 --> 01:24:11,799 Speaker 3: and they came. That's how it works. Other smaller countries 1809 01:24:11,880 --> 01:24:14,200 Speaker 3: did particularly well last year. You'll note that New Zealand's 1810 01:24:14,240 --> 01:24:17,960 Speaker 3: not part of that, Andorra, Dominican Republic, Kuwait, Albania, El 1811 01:24:18,080 --> 01:24:20,679 Speaker 3: Salvador for a bit of fun. By the way, global 1812 01:24:20,760 --> 01:24:24,479 Speaker 3: tourism isn't just returning to previous highs. It seems to 1813 01:24:24,680 --> 01:24:28,360 Speaker 3: be on an upward trajectory. So in other words, plenty 1814 01:24:28,400 --> 01:24:31,559 Speaker 3: of people traveling. This is where we so desperately need 1815 01:24:31,640 --> 01:24:33,120 Speaker 3: to get our act together. But I just think about 1816 01:24:33,120 --> 01:24:34,800 Speaker 3: the Middle East. If you haven't seen it, look at 1817 01:24:34,880 --> 01:24:37,920 Speaker 3: Ryan Fox who was up the top with Patrick Harrington 1818 01:24:37,920 --> 01:24:40,200 Speaker 3: and I can't remember who the other person was. Three 1819 01:24:40,280 --> 01:24:42,280 Speaker 3: golfers Middle East. I think it was Dubai. It doesn't 1820 01:24:42,320 --> 01:24:43,840 Speaker 3: really matter at tall building in the Middle East, and 1821 01:24:43,880 --> 01:24:46,719 Speaker 3: they were hitting these balls yesterday off a building onto 1822 01:24:46,800 --> 01:24:49,760 Speaker 3: a floating pontoon. That was the green. It's kind of 1823 01:24:49,840 --> 01:24:52,160 Speaker 3: badly shot. It was some sort of promotional thing. It's 1824 01:24:52,320 --> 01:24:54,720 Speaker 3: kind of badly shot because you don't really get to 1825 01:24:54,760 --> 01:24:56,960 Speaker 3: see the ball all that clearly as to wear lands. 1826 01:24:57,439 --> 01:24:58,920 Speaker 3: But it was two hundred do we decide it was 1827 01:24:58,920 --> 01:25:00,360 Speaker 3: two in in eighty I think it was two eighty 1828 01:25:00,640 --> 01:25:03,200 Speaker 3: meters or yards away whatever. It was way up in 1829 01:25:03,240 --> 01:25:06,560 Speaker 3: the air. Quite fun. Ryan didn't do that well. But 1830 01:25:06,680 --> 01:25:08,599 Speaker 3: mind you, having said that, I don't think anybody did 1831 01:25:08,640 --> 01:25:08,960 Speaker 3: that well. 1832 01:25:09,360 --> 01:25:12,840 Speaker 1: Ten away from nine the Mike Hosking Breakfast with the 1833 01:25:12,960 --> 01:25:15,080 Speaker 1: range Rover Villa News togsad Be. 1834 01:25:15,280 --> 01:25:17,960 Speaker 3: Thirteen ninety five. Am, Mike's still off here in Omaru. 1835 01:25:19,080 --> 01:25:21,160 Speaker 3: Thank you for that. That's planned. By the way, how's 1836 01:25:21,160 --> 01:25:22,760 Speaker 3: it looking with the movie? Has that gone? Well? That 1837 01:25:22,840 --> 01:25:25,080 Speaker 3: looks good, doesn't It looks good at the best of 1838 01:25:25,120 --> 01:25:26,960 Speaker 3: the times, Omaru. But when they come to town and 1839 01:25:27,760 --> 01:25:33,599 Speaker 3: what's the name Pew Florence Pew who Florence Peugh, Yeah, 1840 01:25:33,880 --> 01:25:38,439 Speaker 3: she's in the movie in Omru. Don't worry Sam Sam 1841 01:25:38,520 --> 01:25:41,360 Speaker 3: went to by the way. Sam Sam, because he gets 1842 01:25:41,400 --> 01:25:44,680 Speaker 3: paid so much money, went overseas for his holiday and 1843 01:25:44,880 --> 01:25:47,360 Speaker 3: he went to where it was Japan. Wasn't it was Japan? 1844 01:25:48,200 --> 01:25:51,720 Speaker 3: Japan first? Then he went and he said it this 1845 01:25:51,840 --> 01:25:54,640 Speaker 3: way he went, He said, I went to Malaysia. Well 1846 01:25:54,680 --> 01:25:57,240 Speaker 3: it wasn't Philippines. He went to the Philippines. And then 1847 01:25:57,320 --> 01:26:02,120 Speaker 3: I went to Hong Kong on the way home and 1848 01:26:02,320 --> 01:26:04,960 Speaker 3: I said, sharpe As attack at three thirty in the morning, 1849 01:26:05,000 --> 01:26:06,479 Speaker 3: I said, to Hong Kong's not really on the way 1850 01:26:06,520 --> 01:26:08,840 Speaker 3: home if you look at a map. In fact, Hong 1851 01:26:08,920 --> 01:26:12,000 Speaker 3: Kong is in completely the opposite direction to home. So 1852 01:26:12,160 --> 01:26:16,000 Speaker 3: Sam went to Japan, down to the Philippines, up to 1853 01:26:16,160 --> 01:26:20,599 Speaker 3: Hong Kong before he came home. Good news was I said, 1854 01:26:20,600 --> 01:26:22,760 Speaker 3: how was it? Because he'd never been there before, because 1855 01:26:22,760 --> 01:26:25,320 Speaker 3: he's only thirteen years old and has just left home. 1856 01:26:25,920 --> 01:26:27,720 Speaker 3: I said, how was it? Because of course Hong Kong 1857 01:26:27,840 --> 01:26:28,840 Speaker 3: is not what it was. And I was talking to 1858 01:26:28,920 --> 01:26:32,280 Speaker 3: a person who goes to Hong Kong regularly over the 1859 01:26:32,320 --> 01:26:35,280 Speaker 3: holidays and is in business, is in retail, so it 1860 01:26:35,360 --> 01:26:37,519 Speaker 3: goes there, and she said it's nothing like it used 1861 01:26:37,520 --> 01:26:41,240 Speaker 3: to be because China's intervention, etc. But Sam thought it 1862 01:26:41,360 --> 01:26:43,559 Speaker 3: was good and he would go back again. But then 1863 01:26:43,600 --> 01:26:46,920 Speaker 3: Sam's view of the world as post China, whereas this 1864 01:26:47,000 --> 01:26:50,000 Speaker 3: person's view of the world was pre China. So different generations, 1865 01:26:50,040 --> 01:26:52,439 Speaker 3: different times. So you know, if you've never been before 1866 01:26:52,520 --> 01:26:55,240 Speaker 3: and you don't remember what it once was. Sam Shwai, 1867 01:26:55,280 --> 01:26:58,479 Speaker 3: who I follow, Who's an ab geek. He's from Hong 1868 01:26:58,560 --> 01:27:00,120 Speaker 3: Kong and i's old. The story last year he was 1869 01:27:00,160 --> 01:27:02,439 Speaker 3: standing at Hong Kong Airport and he's old enough to 1870 01:27:02,479 --> 01:27:05,840 Speaker 3: remember Hong. He stands there as very poignant shot and 1871 01:27:05,920 --> 01:27:09,639 Speaker 3: he goes, I remember Hong Kong when it was at 1872 01:27:09,720 --> 01:27:12,599 Speaker 3: its best, and I think those were the glory days 1873 01:27:12,640 --> 01:27:14,240 Speaker 3: and I don't think we'll ever see them again, which 1874 01:27:14,320 --> 01:27:16,880 Speaker 3: was quite sad the hero person from Hong Kong say that, 1875 01:27:17,080 --> 01:27:20,479 Speaker 3: But that's what he said. Who am I to argue anyway? 1876 01:27:20,520 --> 01:27:22,680 Speaker 13: So that was Sammy's I mean, I mean, you know 1877 01:27:22,720 --> 01:27:25,639 Speaker 13: how they say all roads lead to Rome, don't always 1878 01:27:25,880 --> 01:27:26,960 Speaker 13: past lead to Hong Kong. 1879 01:27:27,080 --> 01:27:29,720 Speaker 3: Clearly do where did you? Where'd you go for holidays? Clean? 1880 01:27:29,760 --> 01:27:31,120 Speaker 13: Did you go se Paranui? 1881 01:27:31,280 --> 01:27:34,400 Speaker 3: You're right, see Sam, so I went to the country 1882 01:27:34,560 --> 01:27:35,280 Speaker 3: when I didn't fly. 1883 01:27:35,439 --> 01:27:37,160 Speaker 13: I mean I could add obviously lots of people do 1884 01:27:37,200 --> 01:27:38,480 Speaker 13: because there's an airstrip. 1885 01:27:38,200 --> 01:27:40,760 Speaker 3: There one hundred percent. But you drove and I packed 1886 01:27:40,840 --> 01:27:42,559 Speaker 3: up the car and I went up north to the country. 1887 01:27:42,640 --> 01:27:48,320 Speaker 3: Sam goes overseas multi country tour. Just saying five minutes 1888 01:27:48,360 --> 01:27:49,200 Speaker 3: away from nine. 1889 01:27:49,439 --> 01:27:54,400 Speaker 2: Trending Now with chemist Well's keeping Kiwi's healthy all year round. 1890 01:27:54,680 --> 01:27:56,640 Speaker 3: Back to my fascination with the boom plane. Listen to 1891 01:27:56,720 --> 01:27:57,280 Speaker 3: this test. 1892 01:27:57,360 --> 01:28:01,200 Speaker 23: Control your gopher Excel to mark one point one, goil 1893 01:28:01,240 --> 01:28:05,000 Speaker 23: for itself, Castrol gates, capturl Gate, go for it. So 1894 01:28:05,240 --> 01:28:08,400 Speaker 23: this is the really exciting part. Watch the mark number 1895 01:28:08,600 --> 01:28:09,439 Speaker 23: in the middle of the street. 1896 01:28:11,640 --> 01:28:13,880 Speaker 2: Three engines and after burner mark numbers ticking up in 1897 01:28:13,920 --> 01:28:14,320 Speaker 2: your year. 1898 01:28:15,439 --> 01:28:18,840 Speaker 23: There we are XB one is supersonic, faster than the 1899 01:28:18,920 --> 01:28:21,880 Speaker 23: speed of sound. We've got confirmation for the control room 1900 01:28:21,960 --> 01:28:25,960 Speaker 23: that she is supersionic. What a wonderful achievement, Copeto and 1901 01:28:26,040 --> 01:28:26,639 Speaker 23: the whole team. 1902 01:28:26,800 --> 01:28:28,880 Speaker 3: No, what a really historic moment. 1903 01:28:28,960 --> 01:28:33,479 Speaker 23: This is the first civil aircraft independently constructed that has 1904 01:28:33,640 --> 01:28:36,760 Speaker 23: ever blown super signage. Peto is the heirs part of 1905 01:28:36,880 --> 01:28:37,479 Speaker 23: ever to do it. 1906 01:28:37,920 --> 01:28:40,200 Speaker 3: Now if you missed it earlier, Roll, this is a prototype. 1907 01:28:40,920 --> 01:28:43,040 Speaker 3: So they actually did it three times on this test 1908 01:28:43,080 --> 01:28:45,280 Speaker 3: flight today, so they got to one one. I call 1909 01:28:45,360 --> 01:28:46,840 Speaker 3: it mach one point. 1910 01:28:46,920 --> 01:28:47,280 Speaker 2: Why not? 1911 01:28:47,520 --> 01:28:50,040 Speaker 3: Mark says so much better when you've got three engines 1912 01:28:50,080 --> 01:28:55,960 Speaker 3: and the thrusts MAC one. Anyway, they went after burner. 1913 01:28:57,200 --> 01:28:58,840 Speaker 3: They want to go to one point seven. And then 1914 01:28:58,840 --> 01:29:00,600 Speaker 3: they're going to build these things to carry up to 1915 01:29:00,640 --> 01:29:02,240 Speaker 3: sixty five at the moment to carry no when it's 1916 01:29:02,280 --> 01:29:04,320 Speaker 3: fraction of the size, So they need to scale up. 1917 01:29:04,640 --> 01:29:06,400 Speaker 3: They need to build lots of them. They should probably 1918 01:29:06,439 --> 01:29:08,360 Speaker 3: ask Boeing how to build some planes and see how 1919 01:29:08,400 --> 01:29:10,200 Speaker 3: that goes for them. So they're going to build a 1920 01:29:10,200 --> 01:29:12,120 Speaker 3: whole bunch of them, and then we're all going to 1921 01:29:12,160 --> 01:29:15,479 Speaker 3: be flying supersonically. You'll be able to get from Hong 1922 01:29:15,560 --> 01:29:18,160 Speaker 3: Kong to the Philippines and then back to Japan and 1923 01:29:18,200 --> 01:29:21,040 Speaker 3: then down to Pawanui in about forty five minutes. 1924 01:29:21,120 --> 01:29:23,200 Speaker 13: It's going to be well, you do actually go faster 1925 01:29:23,320 --> 01:29:25,720 Speaker 13: than the Earth turns. You do, so you'll be able 1926 01:29:25,720 --> 01:29:26,960 Speaker 13: to get near the day before yesterday. 1927 01:29:27,000 --> 01:29:29,360 Speaker 3: By the time you get there, that'll be incredible, and 1928 01:29:29,520 --> 01:29:31,479 Speaker 3: it will be back before China took over Hong Kong. 1929 01:29:31,520 --> 01:29:33,559 Speaker 3: It'll be just like the good old days. Be amazing 1930 01:29:34,200 --> 01:29:36,400 Speaker 3: back tomorrow morning, as always, Happy Days. 1931 01:29:38,640 --> 01:29:41,519 Speaker 1: For more from the mic Asking Breakfast, listen live to 1932 01:29:41,640 --> 01:29:44,719 Speaker 1: news talks it'd be from six am weekdays, or follow 1933 01:29:44,760 --> 01:29:46,280 Speaker 1: the podcast on iHeartRadio