1 00:00:00,520 --> 00:00:05,960 Speaker 1: You're trusted home for news, sport, entertainment, opinion and Mike 2 00:00:06,280 --> 00:00:10,320 Speaker 1: the Mic asking breakfast with the land Rover Defender embraced 3 00:00:10,400 --> 00:00:12,560 Speaker 1: the impossible news togs ed b well. 4 00:00:12,480 --> 00:00:15,200 Speaker 2: You're welcome today cash right? Dat does Christian save us all? 5 00:00:15,440 --> 00:00:17,520 Speaker 2: How about the driving instructors that will take cash for 6 00:00:17,560 --> 00:00:20,239 Speaker 2: a pass? How third worlds that got potentially good views 7 00:00:20,239 --> 00:00:22,159 Speaker 2: from the farm on our red meat sector, got some 8 00:00:22,200 --> 00:00:24,200 Speaker 2: new stats on how much we spend a week on food. 9 00:00:24,280 --> 00:00:27,160 Speaker 2: You'll be surprised with it are Mark and Jinny Politics Wednesday, 10 00:00:27,240 --> 00:00:32,440 Speaker 2: Richard Arnold, State Side, Steve Price in Australia askingle of 11 00:00:32,479 --> 00:00:34,159 Speaker 2: the week seven past six. I would have thought the 12 00:00:34,240 --> 00:00:37,520 Speaker 2: Insidier numbers yesterday sealed the deal for the Monetary Policy 13 00:00:37,520 --> 00:00:41,000 Speaker 2: Committee in today's called the Insidier was the last substantive 14 00:00:41,000 --> 00:00:42,839 Speaker 2: look at the economy and what it shows is we've 15 00:00:42,840 --> 00:00:46,600 Speaker 2: got real trouble, quite possibly in fact recessionary trouble. The 16 00:00:46,680 --> 00:00:49,720 Speaker 2: quarter IEQ three they think was certainly flat of not 17 00:00:49,800 --> 00:00:51,920 Speaker 2: in contraction. If it's in contraction, you can add that 18 00:00:51,960 --> 00:00:55,400 Speaker 2: to the Q two contraction and that once again is 19 00:00:55,440 --> 00:00:57,360 Speaker 2: a recession. How many of these do we want? And 20 00:00:57,400 --> 00:00:59,360 Speaker 2: in the Reserve banks case, how many do they want, 21 00:00:59,400 --> 00:01:02,640 Speaker 2: given they can actually do something about them. Two particularly poor, 22 00:01:02,800 --> 00:01:05,240 Speaker 2: if not concerning parts of the data show one more 23 00:01:05,319 --> 00:01:08,119 Speaker 2: jobs being cut, So that's your unemployment rate heading higher, 24 00:01:08,400 --> 00:01:11,120 Speaker 2: shattering the idea that we may have reached peak. And 25 00:01:11,200 --> 00:01:14,840 Speaker 2: two inflation expectations are heading north of three. The band, remember, 26 00:01:14,880 --> 00:01:17,360 Speaker 2: is one to three. Trouble with that is the three 27 00:01:17,400 --> 00:01:19,800 Speaker 2: isn't coming from growth, which is traditionally what you want. 28 00:01:19,840 --> 00:01:22,160 Speaker 2: The term for no growth, but increasing inflation is of 29 00:01:22,160 --> 00:01:27,440 Speaker 2: course stagflation. We could relitigate again how badly the bank 30 00:01:27,480 --> 00:01:29,840 Speaker 2: have handled this, How they missed Q two despite that 31 00:01:29,920 --> 00:01:32,520 Speaker 2: being their job. How they kept telling us these stimulatory 32 00:01:32,520 --> 00:01:35,840 Speaker 2: effects of lower interest rates were here or just about here, 33 00:01:35,959 --> 00:01:37,920 Speaker 2: or here any day now, And if in fact they 34 00:01:37,920 --> 00:01:40,360 Speaker 2: were here, they got swallowed by the councils and the 35 00:01:40,360 --> 00:01:44,000 Speaker 2: power companies and the insurance giants. Anyway, surely fifty points 36 00:01:44,000 --> 00:01:46,640 Speaker 2: is are given, Well it isn't. Of course, there remain 37 00:01:46,680 --> 00:01:48,520 Speaker 2: those who argue twenty five should do it today, in 38 00:01:48,560 --> 00:01:51,000 Speaker 2: another twenty five next month, then we can all head 39 00:01:51,040 --> 00:01:55,160 Speaker 2: off to Christmas. Fingers crossed my argument today, It's about 40 00:01:55,160 --> 00:01:57,840 Speaker 2: more than stats and numbers. It's about the psychology of 41 00:01:57,880 --> 00:02:00,520 Speaker 2: an economy and a country. The government to try but 42 00:02:00,600 --> 00:02:02,880 Speaker 2: largely failed to jolly us along, to sell us the 43 00:02:02,920 --> 00:02:07,360 Speaker 2: story of recovery. The Reserve Bank have spectacularly failed, but 44 00:02:07,440 --> 00:02:10,800 Speaker 2: they can help today with fifty because it says we 45 00:02:10,880 --> 00:02:13,800 Speaker 2: got it wrong, we missed it. We need to fathers 46 00:02:13,880 --> 00:02:16,080 Speaker 2: joint up and here us our shot and it's a 47 00:02:16,080 --> 00:02:20,200 Speaker 2: big one. Go on, Christian be Bold. Second to last time, 48 00:02:20,600 --> 00:02:22,160 Speaker 2: don't die wondering. 49 00:02:22,800 --> 00:02:23,080 Speaker 3: Wow. 50 00:02:24,040 --> 00:02:26,400 Speaker 1: News of the world in ninety seconds. 51 00:02:26,480 --> 00:02:28,720 Speaker 2: It is October seventh, it is two years. 52 00:02:28,760 --> 00:02:31,280 Speaker 4: If this is a memorial to the people who were 53 00:02:31,480 --> 00:02:36,320 Speaker 4: murdered here all of these are photographs of those people. 54 00:02:36,400 --> 00:02:40,880 Speaker 4: They were in attendance dancing that morning when the rocket 55 00:02:40,919 --> 00:02:44,160 Speaker 4: barrages first started from Garden in Britain. 56 00:02:44,200 --> 00:02:46,400 Speaker 2: On related matters, the bloke who could leave the Tories 57 00:02:46,440 --> 00:02:49,799 Speaker 2: one day, Robert Jenrick was in Birmingham, made some observations 58 00:02:49,800 --> 00:02:51,360 Speaker 2: that were recorded and today made. 59 00:02:51,160 --> 00:02:53,400 Speaker 3: Public and the Aaron a half I was filming with 60 00:02:53,440 --> 00:02:57,440 Speaker 3: the news there I didn't see another white face and 61 00:02:57,919 --> 00:02:58,760 Speaker 3: does not the kind. 62 00:02:58,600 --> 00:03:00,239 Speaker 2: Of country I want to live in. That with the 63 00:03:00,320 --> 00:03:03,040 Speaker 2: Handsworth is where it was Boomingham Handsworth and Boomingham likeals. 64 00:03:03,040 --> 00:03:03,639 Speaker 2: They not thrill. 65 00:03:03,840 --> 00:03:07,880 Speaker 5: Very disappointing that we are in twenty twenty five and 66 00:03:08,120 --> 00:03:11,720 Speaker 5: an MP feels that it's okay to make comments like 67 00:03:11,760 --> 00:03:15,400 Speaker 5: that based on what I'd say was a snapshot visit 68 00:03:15,919 --> 00:03:18,440 Speaker 5: and doesn't reflect a true picture. 69 00:03:18,639 --> 00:03:21,280 Speaker 2: But oh Bob wasn't for turning. I don't resolve from 70 00:03:21,280 --> 00:03:21,920 Speaker 2: those comments. 71 00:03:21,960 --> 00:03:24,639 Speaker 3: I want to live in a country which is well integrated. 72 00:03:24,760 --> 00:03:26,880 Speaker 3: I want people to be living side by side. I 73 00:03:27,000 --> 00:03:31,720 Speaker 3: never want to see segregated or even getta wised communities. 74 00:03:31,800 --> 00:03:34,280 Speaker 2: Then in Washington and I g Pam's turn on the Hill, 75 00:03:34,360 --> 00:03:36,760 Speaker 2: Josh Hawley, who was one of the louder Democratic mouths, 76 00:03:36,840 --> 00:03:37,400 Speaker 2: was ready to go. 77 00:03:37,680 --> 00:03:40,520 Speaker 6: I've heard them say that Joe Biden never directed his 78 00:03:40,600 --> 00:03:43,600 Speaker 6: attorney general to target his political opponents. 79 00:03:44,080 --> 00:03:45,000 Speaker 7: Hah. 80 00:03:45,120 --> 00:03:49,400 Speaker 6: That's interesting because I could have sworn that. Yesterday we 81 00:03:49,560 --> 00:03:52,120 Speaker 6: learned that the FBI tap my phone. 82 00:03:51,760 --> 00:03:54,280 Speaker 2: Then the nacos, the drugs and blowing up boats. 83 00:03:54,400 --> 00:03:58,360 Speaker 8: How did you conclude that these strikes on ships or 84 00:03:58,400 --> 00:03:59,960 Speaker 8: boats in the open ocean are legal? 85 00:04:00,200 --> 00:04:04,200 Speaker 9: What I can tell you is Maduro is a narco terrorist. 86 00:04:04,600 --> 00:04:08,320 Speaker 9: He is currently under indictment in our country. 87 00:04:08,120 --> 00:04:11,400 Speaker 2: Funding in Germany, situation still unfolding. A newly elected mayor 88 00:04:11,440 --> 00:04:13,400 Speaker 2: was found to have been stabbed multiple times. This is 89 00:04:13,440 --> 00:04:16,480 Speaker 2: in a home. Her name is Iristorts us susan hospital 90 00:04:16,600 --> 00:04:18,839 Speaker 2: with life. Certainly the injuries the chancell of Frederick Mertz 91 00:04:18,960 --> 00:04:21,000 Speaker 2: is called what heenus? The FEDS are investigating and that's 92 00:04:21,080 --> 00:04:24,200 Speaker 2: news of an as ridden in angry world and ninety 93 00:04:24,240 --> 00:04:26,559 Speaker 2: seconds like in the mood, I've got some good news. 94 00:04:26,600 --> 00:04:30,040 Speaker 2: Gold breached four thousand. Who would have thought he and 95 00:04:30,160 --> 00:04:32,679 Speaker 2: In further good news, the WTO this morning have issued 96 00:04:32,680 --> 00:04:35,880 Speaker 2: their latest trade forecast update. It's good good for this 97 00:04:35,960 --> 00:04:38,280 Speaker 2: year anyway, two point four that's up sharply from their 98 00:04:38,320 --> 00:04:41,480 Speaker 2: previous estimate. This is global trade two point four percent 99 00:04:41,480 --> 00:04:43,600 Speaker 2: for the year, but next year it goes south one 100 00:04:43,640 --> 00:04:46,680 Speaker 2: point eight is what they're telling us. Eleven past six. 101 00:04:48,600 --> 00:04:53,440 Speaker 1: The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered 102 00:04:53,480 --> 00:04:54,479 Speaker 1: by News Talk Zippy. 103 00:04:56,600 --> 00:04:58,520 Speaker 2: We'll stop at Michael. I've got more good news. World 104 00:04:58,560 --> 00:05:02,000 Speaker 2: Bank has raised China's growth outlook to four point eight percent, 105 00:05:02,080 --> 00:05:04,000 Speaker 2: So we'll take that as well, won't we? Fourteen passed 106 00:05:06,600 --> 00:05:09,839 Speaker 2: Joe am I Wealth Andrew kellaher good morning to you morning, 107 00:05:09,880 --> 00:05:12,440 Speaker 2: Mike so in zid I E are the bank the 108 00:05:12,480 --> 00:05:15,240 Speaker 2: Monetary Policy Committe would have looked at that and here 109 00:05:15,279 --> 00:05:16,800 Speaker 2: we go. What they have to it's not good it 110 00:05:17,000 --> 00:05:18,320 Speaker 2: Is it a mixed bag? Are you calling it a 111 00:05:18,320 --> 00:05:18,840 Speaker 2: mixed bag? 112 00:05:19,200 --> 00:05:21,480 Speaker 10: I'm calling it. I'm calling it a little bit of 113 00:05:21,520 --> 00:05:22,680 Speaker 10: a mixed bag. 114 00:05:22,720 --> 00:05:23,000 Speaker 7: I mean. 115 00:05:23,040 --> 00:05:25,880 Speaker 8: So, yeah, this is insed I quarterly Survey of Business opinion. 116 00:05:26,000 --> 00:05:29,760 Speaker 8: Mixed bag though, Mike, but leaning to the negative POW. So, look, 117 00:05:29,800 --> 00:05:33,039 Speaker 8: it's not a high frequency it's a quarterly a survey. 118 00:05:33,200 --> 00:05:35,920 Speaker 8: It's certainly a key piece of research. It's given reasonable weight, 119 00:05:36,480 --> 00:05:38,960 Speaker 8: particularly by people like the Reserve Bank. 120 00:05:39,160 --> 00:05:39,400 Speaker 7: Yeah. 121 00:05:39,839 --> 00:05:42,760 Speaker 8: Look, I think there's some degree of interpretation around some 122 00:05:42,800 --> 00:05:44,720 Speaker 8: of the numbers there, but to me, the key takeaway 123 00:05:45,080 --> 00:05:47,920 Speaker 8: is that there's probably not enough sign of improvement in 124 00:05:48,120 --> 00:05:51,279 Speaker 8: Q three compared to Q two, So once again we 125 00:05:51,320 --> 00:05:54,040 Speaker 8: say things are still tough. So let's just run through 126 00:05:54,040 --> 00:05:57,600 Speaker 8: a bit of the detail. Headline business confidence actual numbers 127 00:05:57,640 --> 00:06:00,560 Speaker 8: fell from plus twenty two to plus eighteen season adjusted, 128 00:06:00,600 --> 00:06:02,720 Speaker 8: though the numbers a week and further are fall of 129 00:06:02,800 --> 00:06:06,320 Speaker 8: eleven points, which means that now a net fifteen percent 130 00:06:06,360 --> 00:06:10,360 Speaker 8: of firms expect an improvement in general economic conditions over 131 00:06:10,440 --> 00:06:13,640 Speaker 8: the coming months on a seasonly just basis while positive, 132 00:06:13,720 --> 00:06:17,200 Speaker 8: that's substantial four from plus twenty six in the Gym quarter. 133 00:06:17,720 --> 00:06:21,200 Speaker 8: And then you look at domestic trading activity past trading activity, 134 00:06:21,279 --> 00:06:26,200 Speaker 8: so think GDP that's minus fourteen. It improved from minus 135 00:06:26,279 --> 00:06:29,839 Speaker 8: twenty two, so I net fourteen percent of firms reported 136 00:06:29,880 --> 00:06:33,240 Speaker 8: a decline in their activity in the September quarter. It 137 00:06:33,360 --> 00:06:35,839 Speaker 8: was at minus twenty two. It is an improvement, Mike, 138 00:06:36,120 --> 00:06:40,000 Speaker 8: so cheer that, but it suggests that the economy will 139 00:06:40,000 --> 00:06:43,640 Speaker 8: in all likelihood not have improved to the degree which 140 00:06:43,720 --> 00:06:48,200 Speaker 8: has been hoped expected. Domestic trading activity so what people 141 00:06:48,240 --> 00:06:51,040 Speaker 8: think is going to happen has worsened from plus eighteen 142 00:06:51,360 --> 00:06:54,839 Speaker 8: to plus nine. Effectively, my confidence to me looks kind 143 00:06:54,839 --> 00:06:58,520 Speaker 8: of stuck. So yeah, looking at the labor market indicators, 144 00:06:58,560 --> 00:07:02,159 Speaker 8: I think you talked about this experienced employment that was weak. 145 00:07:02,200 --> 00:07:05,640 Speaker 8: It deteriorated eleven points of minus twenty three. And one 146 00:07:05,640 --> 00:07:07,840 Speaker 8: of the puzzling numbers in here, though, the ease of 147 00:07:07,880 --> 00:07:11,560 Speaker 8: finding skilled labor actually fell. It's kind of counterintuitive because 148 00:07:11,600 --> 00:07:13,840 Speaker 8: if the employment market is weak, you think that it 149 00:07:13,840 --> 00:07:16,520 Speaker 8: would be easier to find skilled labor. Maybe the fallen 150 00:07:16,560 --> 00:07:20,000 Speaker 8: immigration is having an impact there investment decisions. 151 00:07:20,080 --> 00:07:22,040 Speaker 10: It's really tanked. That's not good. 152 00:07:22,080 --> 00:07:25,280 Speaker 8: That means people aren't confident enough to invest in their business. 153 00:07:25,800 --> 00:07:28,280 Speaker 8: Inflation indicators you talked about this yet look that they 154 00:07:28,280 --> 00:07:28,840 Speaker 8: were mixed. 155 00:07:29,440 --> 00:07:30,360 Speaker 10: I don't think there's. 156 00:07:30,160 --> 00:07:32,680 Speaker 8: Any inflationary tendency here to be worried about. I think 157 00:07:32,720 --> 00:07:36,080 Speaker 8: the still spare capacity in the economy, manufacturing the least 158 00:07:36,080 --> 00:07:40,520 Speaker 8: optimistic sector. In short, here, Mike, nothing here says that 159 00:07:40,560 --> 00:07:45,000 Speaker 8: the RBN said shouldn't deliver the monetary policy stimulus that 160 00:07:45,080 --> 00:07:47,760 Speaker 8: they think is necessary. And just a final comment, Mike, 161 00:07:48,120 --> 00:07:53,120 Speaker 8: my understanding, most of the responses were received before the 162 00:07:53,240 --> 00:07:58,160 Speaker 8: dreadful YouTube GDP print before. So do you think that 163 00:07:58,200 --> 00:08:02,120 Speaker 8: gd print will improve confidence? More weakened confidence? So all 164 00:08:02,160 --> 00:08:04,560 Speaker 8: in all, we need a circuit breakup. 165 00:08:04,480 --> 00:08:07,160 Speaker 2: Just quickly. The dairy thing this morning, is that material? 166 00:08:07,280 --> 00:08:09,000 Speaker 2: I mean it's it's not good, but is it? Is 167 00:08:09,040 --> 00:08:09,520 Speaker 2: it a thing? 168 00:08:10,000 --> 00:08:10,240 Speaker 7: Yeah? 169 00:08:10,320 --> 00:08:13,000 Speaker 8: Look the context here, because I think we want dairy 170 00:08:13,040 --> 00:08:15,120 Speaker 8: prices to be at the minermum. We want to be stable. 171 00:08:15,200 --> 00:08:17,720 Speaker 8: You know, we don't necessarily need further hikes. I'm sure 172 00:08:17,760 --> 00:08:20,200 Speaker 8: farmers would like to see that. But prices are relevated. 173 00:08:20,720 --> 00:08:23,800 Speaker 8: The GDP price index overnight is falling one point six percent. 174 00:08:24,440 --> 00:08:27,720 Speaker 8: So you've now had four auctions of a negative movement 175 00:08:27,720 --> 00:08:31,000 Speaker 8: in the GDP price index, so minus point eight last time, 176 00:08:31,360 --> 00:08:34,920 Speaker 8: that four point three percent chakra in early September, small 177 00:08:35,120 --> 00:08:36,760 Speaker 8: fall in August. 178 00:08:36,640 --> 00:08:39,520 Speaker 10: So the trend might the trend is becoming noticeable. 179 00:08:40,000 --> 00:08:42,160 Speaker 8: And I guess of concern is the two point three 180 00:08:42,200 --> 00:08:44,559 Speaker 8: percent fall and whole milk powder I mean, skill miilt 181 00:08:44,559 --> 00:08:45,920 Speaker 8: powder down point five. 182 00:08:45,880 --> 00:08:48,079 Speaker 10: Mozzarella had a tumbele actually down to elymp pin eight percent. 183 00:08:48,360 --> 00:08:51,520 Speaker 8: But that whole milk powder average price is peaked in 184 00:08:51,600 --> 00:08:54,560 Speaker 8: May at four three hundred and seventy four dollars. The 185 00:08:54,600 --> 00:08:57,880 Speaker 8: average price overnight last night three six nine six. That's 186 00:08:57,920 --> 00:09:00,240 Speaker 8: a downward trend there, and it's a fifteen and half 187 00:09:00,280 --> 00:09:02,520 Speaker 8: percent fall from the peak. Need to do a bit 188 00:09:02,520 --> 00:09:04,959 Speaker 8: more work on what's happening at a sort of deeper level. 189 00:09:05,160 --> 00:09:07,480 Speaker 8: Who's not bid? Any Where's it coming from? But I 190 00:09:07,520 --> 00:09:09,319 Speaker 8: think we're on heightened alert here. 191 00:09:09,440 --> 00:09:11,480 Speaker 2: We have got this on watch right. I put it 192 00:09:11,520 --> 00:09:13,439 Speaker 2: all in the pot, stir it round. Give me the number. 193 00:09:13,600 --> 00:09:14,120 Speaker 2: What is it? 194 00:09:14,880 --> 00:09:17,480 Speaker 8: It's got to be two and a half. Look, I said, 195 00:09:17,480 --> 00:09:20,320 Speaker 8: we need a circuit breaker. That just my whole point 196 00:09:20,360 --> 00:09:22,360 Speaker 8: about this. I agree with all of your comments prior 197 00:09:22,400 --> 00:09:25,000 Speaker 8: to we talk. If you're going to take it to 198 00:09:25,080 --> 00:09:27,520 Speaker 8: two and a half, why not do it now. I 199 00:09:27,520 --> 00:09:30,240 Speaker 8: mean it's only six weeks until November. If you get it, 200 00:09:30,480 --> 00:09:34,600 Speaker 8: if you have concerns, stop in November. Watch wait and 201 00:09:34,600 --> 00:09:36,880 Speaker 8: see you got three months off anyway from these things, 202 00:09:36,920 --> 00:09:37,480 Speaker 8: These don't. 203 00:09:37,280 --> 00:09:38,720 Speaker 10: Make a decision until February. 204 00:09:39,160 --> 00:09:40,880 Speaker 8: I think we need it now, and I think your 205 00:09:40,960 --> 00:09:43,800 Speaker 8: comments are absolutely right. What we need now is to 206 00:09:43,920 --> 00:09:45,880 Speaker 8: lift people's confidence a little bit. 207 00:09:46,040 --> 00:09:47,400 Speaker 10: If you're going to get it to two and a. 208 00:09:47,400 --> 00:09:50,679 Speaker 2: Half, do it now, right numbers please. 209 00:09:50,960 --> 00:09:53,280 Speaker 8: The Dow Jones, the US market's weakening off a little bit. Actually, 210 00:09:53,640 --> 00:09:56,520 Speaker 8: that tech trade going back is a little bit. The 211 00:09:56,559 --> 00:09:58,800 Speaker 8: Dow Jones is down quarter of a percent one hundred 212 00:09:58,800 --> 00:10:01,679 Speaker 8: and fourteen points six thousand, five hundred and seventy eight. 213 00:10:01,760 --> 00:10:04,240 Speaker 8: The S and P five hundred down twenty six points 214 00:10:04,240 --> 00:10:06,520 Speaker 8: sixty seven one three. That's a point four percent four, 215 00:10:06,840 --> 00:10:08,960 Speaker 8: and then that sect is down point six nine percent 216 00:10:09,000 --> 00:10:11,360 Speaker 8: as we look at it, one hundred and fifty eight 217 00:10:11,400 --> 00:10:14,560 Speaker 8: points twenty two thousand, seven hundred and eighty four small 218 00:10:14,640 --> 00:10:17,160 Speaker 8: left in the fotze one hundred nine four points nine 219 00:10:17,200 --> 00:10:20,520 Speaker 8: four eight three. The nickup six four seven nine five Oh, 220 00:10:20,760 --> 00:10:23,360 Speaker 8: Shangha coms it not moved to still on holiday. 221 00:10:22,960 --> 00:10:25,720 Speaker 10: Three eight eight two. The Aussi's yesterday lost just over 222 00:10:25,720 --> 00:10:26,320 Speaker 10: a quarter. 223 00:10:26,080 --> 00:10:28,640 Speaker 8: Of percent twenty five points eight nine five six and 224 00:10:28,679 --> 00:10:31,640 Speaker 8: the n SX fifty gain point three to one thirteen thousand, 225 00:10:31,679 --> 00:10:32,800 Speaker 8: five hundred and thirty one. 226 00:10:33,400 --> 00:10:34,760 Speaker 10: So that's all good, key. 227 00:10:34,760 --> 00:10:37,200 Speaker 8: We doll it a little bit weaker point five eighth 228 00:10:37,400 --> 00:10:40,720 Speaker 8: six against the US point eight eight one three against 229 00:10:40,760 --> 00:10:43,600 Speaker 8: the Aussie point four nine seven three euro point four 230 00:10:43,640 --> 00:10:47,000 Speaker 8: to three one seven pounds eighty seven pert six Japanese 231 00:10:47,120 --> 00:10:48,320 Speaker 8: yen gold. 232 00:10:48,400 --> 00:10:49,840 Speaker 2: As you say, it's. 233 00:10:49,600 --> 00:10:51,959 Speaker 8: Just having a little look, isn't it. It's having a 234 00:10:51,960 --> 00:10:54,320 Speaker 8: little look at that four thousand dollar mark. Actually, just 235 00:10:54,360 --> 00:10:56,080 Speaker 8: come back a little bit three nine eight oh when 236 00:10:56,080 --> 00:10:59,600 Speaker 8: I last check, and Brent crewed sixty five dollars and 237 00:10:59,720 --> 00:11:00,760 Speaker 8: seven cents. 238 00:11:00,880 --> 00:11:03,679 Speaker 2: So we'll make catch up tomorrow. Andrew callaher at Shore 239 00:11:03,960 --> 00:11:08,200 Speaker 2: and Partners Pasking Trilogy Metals. If you're in early, you'd 240 00:11:08,200 --> 00:11:10,720 Speaker 2: be laughing. Today Trump's brought in and will Win I say, Trump, 241 00:11:10,760 --> 00:11:13,440 Speaker 2: the American governments brought in their Canadian minerals explorers, that 242 00:11:13,520 --> 00:11:16,640 Speaker 2: this is all part of his plan generally to invest 243 00:11:16,679 --> 00:11:20,520 Speaker 2: in American business. This specifically is about exploration in Alaska, 244 00:11:20,920 --> 00:11:23,560 Speaker 2: and they're chasing all the metals they need for future 245 00:11:23,559 --> 00:11:27,400 Speaker 2: proofing themselves, copper, cobolt zinc, lead, all that sort of stuff. Anyway, 246 00:11:27,640 --> 00:11:29,680 Speaker 2: he put thirty six million dollars in, which is not 247 00:11:29,720 --> 00:11:31,280 Speaker 2: that much money in the grand scheme of things. They 248 00:11:31,280 --> 00:11:33,800 Speaker 2: become a ten percent shareholder in the company, and the 249 00:11:33,840 --> 00:11:36,480 Speaker 2: share market is all The share price is up some 250 00:11:36,640 --> 00:11:41,080 Speaker 2: two hundred percent this morning. It's a Trump trade. Six 251 00:11:41,240 --> 00:11:41,800 Speaker 2: twenty one. 252 00:11:45,520 --> 00:11:50,040 Speaker 1: The Vike Asking Breakfast Full Show podcast on iHeartRadio powered 253 00:11:50,040 --> 00:11:50,720 Speaker 1: by News. 254 00:11:50,480 --> 00:11:51,040 Speaker 7: Talks at b. 255 00:11:53,120 --> 00:11:57,120 Speaker 2: Nobel Prize Day. Physics is the day. Today. We've got John, 256 00:11:57,240 --> 00:12:00,760 Speaker 2: and we've got Michael and or Micheed and we've got 257 00:12:01,240 --> 00:12:04,400 Speaker 2: John again. So two Johns and a Michel. Michel's from France. Anyway, 258 00:12:04,440 --> 00:12:09,439 Speaker 2: physics experiments that revealed quantum physics in action. They carried 259 00:12:09,440 --> 00:12:11,280 Speaker 2: out experiments. This was in the mid eighties, so they 260 00:12:11,280 --> 00:12:12,840 Speaker 2: didn't have a clue what was going on at the time. 261 00:12:12,840 --> 00:12:15,880 Speaker 2: It was all revolutionary, and yet many years later suddenly 262 00:12:15,880 --> 00:12:18,680 Speaker 2: they'd be given the big price with an electronic circuit 263 00:12:18,679 --> 00:12:22,720 Speaker 2: built of superconductors and demonstrated that quantum mechanics could also 264 00:12:22,800 --> 00:12:26,400 Speaker 2: influence everyday objects under certain conditions, provided opportunities for developing 265 00:12:26,440 --> 00:12:30,719 Speaker 2: the next generation of quantum technology, which will include quantum cryptology, 266 00:12:30,800 --> 00:12:35,360 Speaker 2: quantum computers, quantum senses clerks at the University of California. 267 00:12:35,520 --> 00:12:39,839 Speaker 2: Debe Is French. He's at Yale and also at the 268 00:12:39,920 --> 00:12:43,280 Speaker 2: University of California where Martinez is there as well. So 269 00:12:43,360 --> 00:12:46,320 Speaker 2: once again splitting one point two million dollars and they've 270 00:12:46,320 --> 00:12:49,840 Speaker 2: got a nice gold medal six twenty five. 271 00:12:50,280 --> 00:12:55,960 Speaker 1: Trending now with chemist wars great savings every day. 272 00:12:55,840 --> 00:12:58,120 Speaker 2: To the basketball and Lebron. If you haven't caught up 273 00:12:58,120 --> 00:12:59,599 Speaker 2: with us in the sports news this morning, so we 274 00:12:59,640 --> 00:13:03,960 Speaker 2: got the yesterday this morning, you'd be making this big announcement. 275 00:13:03,960 --> 00:13:06,480 Speaker 2: He called it the second decision. Now, the original decision. 276 00:13:06,559 --> 00:13:10,000 Speaker 2: The decision was his televi as free agency interview. This 277 00:13:10,080 --> 00:13:12,280 Speaker 2: was back twenty ten when he declared he was leaving 278 00:13:12,280 --> 00:13:15,320 Speaker 2: his hometown Cavaliers to go to the Miami Heat. That 279 00:13:15,520 --> 00:13:18,120 Speaker 2: was widely panned for how it was handled, and James 280 00:13:18,160 --> 00:13:21,640 Speaker 2: has also admitted it was a mistake. So is the 281 00:13:21,679 --> 00:13:22,760 Speaker 2: second decision a big deal? 282 00:13:22,800 --> 00:13:22,959 Speaker 7: Well? 283 00:13:23,040 --> 00:13:25,199 Speaker 2: As usual, what happened was that all the fans in 284 00:13:25,240 --> 00:13:27,080 Speaker 2: all the media did what fans and media do, which 285 00:13:27,120 --> 00:13:29,000 Speaker 2: is make a lot of stuff up by way of speculation, 286 00:13:29,480 --> 00:13:32,040 Speaker 2: the main speculation being of course he was about to retire. 287 00:13:32,160 --> 00:13:34,840 Speaker 11: Well, everyone's on pens and needles across the country. 288 00:13:35,000 --> 00:13:35,680 Speaker 7: Are you ready to go? 289 00:13:35,800 --> 00:13:36,199 Speaker 12: Lebron? 290 00:13:37,120 --> 00:13:40,680 Speaker 2: Where's the pattern left it at hole? Lebron? 291 00:13:41,000 --> 00:13:43,040 Speaker 13: Fans want to know where you're taking your talents this year. 292 00:13:43,640 --> 00:13:46,400 Speaker 14: What's your decision in this far? 293 00:13:47,240 --> 00:13:51,040 Speaker 6: Man, this is tough in this far I'm going to 294 00:13:51,120 --> 00:13:55,520 Speaker 6: be taking my talents to HENNESSVSLP VSOP. 295 00:13:56,280 --> 00:13:58,240 Speaker 14: And this was the conclusion you walk up with this morning. 296 00:13:58,360 --> 00:14:00,080 Speaker 7: That was a conclusion I woke up with this morning. 297 00:14:00,880 --> 00:14:04,800 Speaker 2: So it's Kgnac. It's an ad who told them to 298 00:14:04,800 --> 00:14:08,559 Speaker 2: do that. Whether he listened to anybody these days. Monster Trucks, 299 00:14:08,800 --> 00:14:11,080 Speaker 2: if you went and saw it, you clearly loved it. 300 00:14:11,120 --> 00:14:13,559 Speaker 2: The Monster Trucks came to this country. I missed it completely. 301 00:14:14,360 --> 00:14:18,200 Speaker 2: Boss went took his kids, said it was fantastic. And 302 00:14:18,240 --> 00:14:19,920 Speaker 2: I've watched the Monster Trucks a little bit on the 303 00:14:19,960 --> 00:14:23,240 Speaker 2: television periodically on a Sunday you'll find the Monster Trucks. Anyway, 304 00:14:23,240 --> 00:14:25,080 Speaker 2: they came to the country for the first time broke 305 00:14:25,120 --> 00:14:28,880 Speaker 2: records on hundred thousand of US across five shows, Dunedin, Wellington, 306 00:14:28,920 --> 00:14:32,360 Speaker 2: Auckland largest family entertainment motorsport having ever held in this country, 307 00:14:32,400 --> 00:14:35,960 Speaker 2: they claim. Dunedin there were two shows, Forsyth Bar twenty 308 00:14:36,000 --> 00:14:39,360 Speaker 2: five thousand, Wellington at Sky twenty five thousand, one hundred, 309 00:14:39,400 --> 00:14:41,360 Speaker 2: Auckland Eden Park forty thousand people. That's a lot of 310 00:14:41,360 --> 00:14:45,040 Speaker 2: people who want to want monster trucks, so that's the thing. 311 00:14:45,120 --> 00:14:47,880 Speaker 2: So we've still got money. Speaking of which, how much 312 00:14:47,920 --> 00:14:52,160 Speaker 2: money we spend on groceries, I was going to say surprised, 313 00:14:52,200 --> 00:14:55,640 Speaker 2: could have actually shocked me. It's an interesting number. It 314 00:14:55,640 --> 00:14:57,920 Speaker 2: comes from the RABO people. So we'll have a look 315 00:14:57,920 --> 00:15:00,360 Speaker 2: at this before eight o'clock this morning. Also the call 316 00:15:00,400 --> 00:15:03,200 Speaker 2: on the cash right today, Nick Tupley's calling fifty is 317 00:15:03,240 --> 00:15:05,360 Speaker 2: still the debate. There doesn't seem to be any consensus. 318 00:15:05,440 --> 00:15:08,280 Speaker 2: Is at fifty or is at twenty five and given 319 00:15:08,360 --> 00:15:09,920 Speaker 2: whatever way it's going to be, there's going to be 320 00:15:09,960 --> 00:15:12,000 Speaker 2: big debate on that tomorrow. But Nick Dupley for us. 321 00:15:12,000 --> 00:15:16,160 Speaker 11: After seven o'clock, the newsmakers and the personalities, the big 322 00:15:16,280 --> 00:15:20,400 Speaker 11: names talk to Mike the Mic asking breakfast with Bailey's 323 00:15:20,440 --> 00:15:24,360 Speaker 11: real estate finding the buyers others can't use togsadb Early. 324 00:15:24,200 --> 00:15:26,240 Speaker 2: Of Canada and the yellow chairs this morning. And we're 325 00:15:26,240 --> 00:15:28,960 Speaker 2: also starting to run into samir traffic trouble at the 326 00:15:29,000 --> 00:15:31,200 Speaker 2: airports in America with the shutdown. Sir Richard Arnold on 327 00:15:31,240 --> 00:15:33,560 Speaker 2: that shortly meantime back here twenty three to seven on 328 00:15:33,600 --> 00:15:35,200 Speaker 2: the farm. In fact, we've got a new report on 329 00:15:35,240 --> 00:15:38,360 Speaker 2: the potential of our dairy and beef sector. Rabobank tells 330 00:15:38,440 --> 00:15:42,440 Speaker 2: us the industry is at a quote strategic crossroad. Strong 331 00:15:42,480 --> 00:15:45,760 Speaker 2: returns nearly two million underutilized dairy carps though born each year. 332 00:15:45,800 --> 00:15:47,920 Speaker 2: So what we need is a coordinated effort across breeding, 333 00:15:47,960 --> 00:15:51,120 Speaker 2: reading and value chains so we can add allegedly an 334 00:15:51,120 --> 00:15:53,880 Speaker 2: extra one point two billion annually to our economy. Now, 335 00:15:53,960 --> 00:15:56,960 Speaker 2: Nathan Guys the chair of the Meat Industry Association, and 336 00:15:57,000 --> 00:15:59,880 Speaker 2: it's back with us. Nathan morning, Yeah, morning, Mike. All 337 00:16:00,000 --> 00:16:00,720 Speaker 2: does make sense. 338 00:16:01,840 --> 00:16:04,200 Speaker 15: Yeah, it's a novel idea. It's actually been talked about 339 00:16:04,240 --> 00:16:07,440 Speaker 15: for some time. I remember sitting in a lecture in 340 00:16:07,520 --> 00:16:10,600 Speaker 15: Massive University in the early nineteen nineties and Professor Steve 341 00:16:10,680 --> 00:16:13,880 Speaker 15: Morris was doing some work on the potential of young 342 00:16:13,920 --> 00:16:17,960 Speaker 15: bull beef coming into the system. What happened then was 343 00:16:18,040 --> 00:16:21,920 Speaker 15: the stars never rarely properly aligned, unlike now where we've 344 00:16:21,960 --> 00:16:26,240 Speaker 15: got the stars are aligning. We've got record returns. The 345 00:16:26,400 --> 00:16:28,080 Speaker 15: rare a is a back in the system, which is 346 00:16:28,200 --> 00:16:32,640 Speaker 15: very exciting. The opportunity for this beef to come through 347 00:16:32,640 --> 00:16:36,320 Speaker 15: the plants is also exciting because our meat plants do 348 00:16:36,480 --> 00:16:42,320 Speaker 15: need decent throughput, and so we've got exciting opportunities ahead. 349 00:16:42,360 --> 00:16:44,960 Speaker 15: But I guess also there's a few challenges with this 350 00:16:45,120 --> 00:16:45,880 Speaker 15: report as well. 351 00:16:46,040 --> 00:16:48,880 Speaker 2: Who makes this dance work, who's coordinating all of this. 352 00:16:50,280 --> 00:16:52,800 Speaker 15: We're doing some work with Dari and Z and with 353 00:16:52,920 --> 00:16:55,360 Speaker 15: the government, and we'll be talking more about a project 354 00:16:55,400 --> 00:16:59,360 Speaker 15: that's looking likely to fly very shortly. So there's an 355 00:16:59,360 --> 00:17:01,600 Speaker 15: exciting should have there where we have all come together 356 00:17:01,640 --> 00:17:06,240 Speaker 15: and realized there's a massive opportunity. I guess returns really 357 00:17:06,359 --> 00:17:09,600 Speaker 15: drive it, and we're also cognizant of the fact that 358 00:17:10,080 --> 00:17:13,240 Speaker 15: our social license to operate, we need to reduce these 359 00:17:13,280 --> 00:17:16,680 Speaker 15: young animals and try and bring them into the system. 360 00:17:17,119 --> 00:17:20,159 Speaker 15: But genetics play a very important part. If you look 361 00:17:20,200 --> 00:17:22,600 Speaker 15: at what's happening now, you can now go and get 362 00:17:23,000 --> 00:17:25,960 Speaker 15: semon that is sexed, so you can put this into 363 00:17:26,000 --> 00:17:29,679 Speaker 15: your dairy cows and guaranteed to get a heifer. So 364 00:17:29,760 --> 00:17:32,879 Speaker 15: that means that's positive and you can play with beef 365 00:17:32,920 --> 00:17:35,400 Speaker 15: genetics and your dairy cows and get an animal that's 366 00:17:35,440 --> 00:17:39,760 Speaker 15: going to grow faster. In the New Zealand farming system, 367 00:17:39,800 --> 00:17:41,760 Speaker 15: the real focus is to try and get an animal 368 00:17:41,840 --> 00:17:45,760 Speaker 15: through before the second winter, because the second winter is 369 00:17:45,760 --> 00:17:47,440 Speaker 15: when they're big. They can do quite a bit of 370 00:17:47,520 --> 00:17:51,000 Speaker 15: damage to soil and of course the pasture as they're 371 00:17:51,040 --> 00:17:53,800 Speaker 15: expensive to grow through the winter as well, So there's 372 00:17:53,840 --> 00:17:56,639 Speaker 15: a lot of system change that needs to occur. And 373 00:17:56,720 --> 00:17:58,840 Speaker 15: also to get the rears into the system, they need 374 00:17:58,920 --> 00:18:02,520 Speaker 15: to have a guaranteed return when an animal is weaned 375 00:18:02,520 --> 00:18:06,560 Speaker 15: at one hundred kilos. That's now happening. They also need 376 00:18:06,600 --> 00:18:08,680 Speaker 15: to stand up and get sheds, and the milk powder 377 00:18:08,760 --> 00:18:11,840 Speaker 15: price is very high. So I guess there's a lot 378 00:18:11,840 --> 00:18:14,160 Speaker 15: of things at play to get the system to work. 379 00:18:14,280 --> 00:18:17,120 Speaker 15: Both have said at the start the stars are now aligning. 380 00:18:17,400 --> 00:18:20,760 Speaker 2: How does it work between on farm and where you're at? 381 00:18:20,800 --> 00:18:23,480 Speaker 2: For example, if I'm getting good returns, how many farmers 382 00:18:23,520 --> 00:18:25,280 Speaker 2: actually go? You know what? I'm doing fine at the moment, 383 00:18:25,320 --> 00:18:26,920 Speaker 2: I don't need to think too much about this life 384 00:18:27,040 --> 00:18:29,160 Speaker 2: is good. Therefore you don't advance, you don't grow. 385 00:18:30,760 --> 00:18:33,200 Speaker 15: Oh well, farmers have innovated for a long time, Mike, 386 00:18:33,320 --> 00:18:38,040 Speaker 15: for decades, we've been leading the world in innovation. Seamen 387 00:18:38,160 --> 00:18:40,199 Speaker 15: sexing is one. If we look at what's happening in 388 00:18:40,200 --> 00:18:42,520 Speaker 15: innovation and meat plants, there's a hell of a lot 389 00:18:42,520 --> 00:18:47,760 Speaker 15: of investment going on in that space. Farmers react to signals. 390 00:18:47,960 --> 00:18:52,040 Speaker 15: They know that the demand is there and there is 391 00:18:52,200 --> 00:18:55,240 Speaker 15: change happening, So I think it's an exciting time. We 392 00:18:55,359 --> 00:18:58,640 Speaker 15: also know that our beef when you have a look 393 00:18:58,680 --> 00:19:01,040 Speaker 15: at around the world. Is a recent report out from 394 00:19:01,080 --> 00:19:04,480 Speaker 15: that FAO that had a look at the global meat indecks, 395 00:19:04,920 --> 00:19:07,879 Speaker 15: it's been the highest price in July since they have 396 00:19:07,960 --> 00:19:12,080 Speaker 15: been recording records across the globe. That's very exciting for us. 397 00:19:12,520 --> 00:19:14,359 Speaker 15: We now the returns for beef are going to be 398 00:19:14,440 --> 00:19:16,679 Speaker 15: very positive for the next two or three years. So 399 00:19:17,560 --> 00:19:20,200 Speaker 15: I reckon we're in a very much a sweet spot 400 00:19:20,240 --> 00:19:22,040 Speaker 15: and there is going to be a change in terms 401 00:19:22,040 --> 00:19:26,400 Speaker 15: of these young animals being taken through. So Yep, exciting 402 00:19:26,400 --> 00:19:27,000 Speaker 15: times ahead. 403 00:19:27,080 --> 00:19:29,040 Speaker 2: Good only nice to catch up, appreciate it very much. 404 00:19:29,040 --> 00:19:31,080 Speaker 2: Good insight. Nathan Guy, a chair of the New Zealand 405 00:19:31,119 --> 00:19:34,880 Speaker 2: Meats Industry Association that somewhat off sets this morning seas 406 00:19:34,880 --> 00:19:37,480 Speaker 2: from the dairy industry, of course, nineteen minutes away from seven. 407 00:19:37,960 --> 00:19:42,520 Speaker 1: The mic Asking Breakfast Full Show podcast on iHeartRadio cowered 408 00:19:42,560 --> 00:19:43,600 Speaker 1: by News Talks at b. 409 00:19:45,000 --> 00:19:47,480 Speaker 2: Now here's the thing. Dyson just keeps up in the 410 00:19:47,480 --> 00:19:50,800 Speaker 2: game and the brand new V sixteen Piston Animal Submarine 411 00:19:50,880 --> 00:19:53,800 Speaker 2: might be their best yet. 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That's not true. 430 00:20:45,960 --> 00:20:48,639 Speaker 2: It's a gross over statement, you know that. But I 431 00:20:48,680 --> 00:20:51,719 Speaker 2: take your point generally about planting for pine trees. By 432 00:20:51,720 --> 00:20:53,720 Speaker 2: the way, I read about Sam Whitelock's place in Hawk's 433 00:20:53,720 --> 00:20:55,600 Speaker 2: Bay which is for sale. Baileys have got that. It's 434 00:20:55,640 --> 00:20:59,280 Speaker 2: ins and the Herald yesterday. It sounds like a spectacular farm, 435 00:20:59,320 --> 00:21:02,280 Speaker 2: massive farm, beautiful farm. I don't know what's the farm work. 436 00:21:02,359 --> 00:21:03,720 Speaker 2: Look it up and tell me what a farm like 437 00:21:03,720 --> 00:21:04,200 Speaker 2: that is worth. 438 00:21:04,200 --> 00:21:08,520 Speaker 3: Six forty five International Correspondence with Ends and Eye Insurance 439 00:21:08,640 --> 00:21:11,360 Speaker 3: Peace of Mind for New Zealand Business so Fadmin. 440 00:21:11,080 --> 00:21:15,000 Speaker 2: To Donald's Good morning. In trouble with the airports at 441 00:21:15,000 --> 00:21:15,679 Speaker 2: the moment. 442 00:21:15,840 --> 00:21:16,520 Speaker 7: Yeah, sure is. 443 00:21:16,560 --> 00:21:19,400 Speaker 16: We're now seeing airline delays around this country. On day 444 00:21:19,600 --> 00:21:22,800 Speaker 16: seven of the government shut down. The reason is that 445 00:21:22,920 --> 00:21:25,800 Speaker 16: numbers of air traffic controllers are staying away from the job. 446 00:21:25,840 --> 00:21:30,760 Speaker 16: Controllers are classified as emergency workers, but Transport Secretary Sean 447 00:21:30,880 --> 00:21:31,800 Speaker 16: Duffy says. 448 00:21:31,760 --> 00:21:34,680 Speaker 17: The bills have to pay, so now they're thinking about 449 00:21:34,720 --> 00:21:38,080 Speaker 17: that at the same time that they're controlling the airspace. 450 00:21:38,680 --> 00:21:42,040 Speaker 16: Yeah, they're not being paid mortgages due car payment. Do 451 00:21:42,119 --> 00:21:45,920 Speaker 16: they have to call in second workers temporary uber drivers 452 00:21:45,920 --> 00:21:48,040 Speaker 16: to pay the bills? They had to shut down the 453 00:21:48,040 --> 00:21:51,480 Speaker 16: control tower at the California in Burbank last night, as 454 00:21:51,520 --> 00:21:53,119 Speaker 16: one pilot was informed. 455 00:21:52,720 --> 00:21:54,600 Speaker 15: We're closing down the tower is. 456 00:21:54,720 --> 00:21:58,920 Speaker 14: Because they're shut down for staffing towers POS. 457 00:21:59,400 --> 00:22:02,639 Speaker 16: So you have jets using land at yourself procedures that 458 00:22:02,720 --> 00:22:06,440 Speaker 16: apply to small planes at local airstrips. Other airports also 459 00:22:06,680 --> 00:22:11,160 Speaker 16: have short staff, including Newark, New Jersey, Chicago, Washington, DC, 460 00:22:11,600 --> 00:22:14,560 Speaker 16: and Secretary Duffy says things are likely to get. 461 00:22:14,359 --> 00:22:18,560 Speaker 17: Worse if we have additional set calls. We will reduce 462 00:22:18,600 --> 00:22:22,800 Speaker 17: the flow consistent with a rate that's saved for the 463 00:22:22,800 --> 00:22:23,520 Speaker 17: American people. 464 00:22:23,560 --> 00:22:23,679 Speaker 4: Well. 465 00:22:23,720 --> 00:22:26,800 Speaker 16: Trump suggested he is open to negotiations with the Dems, 466 00:22:26,800 --> 00:22:30,159 Speaker 16: but then while meeting with Marcarney, the Canadian PM, the 467 00:22:30,200 --> 00:22:32,720 Speaker 16: White House, he seemed to back away from that. Meantime, 468 00:22:32,960 --> 00:22:36,040 Speaker 16: in perhaps say surprise move, one of the most vocal 469 00:22:36,080 --> 00:22:39,040 Speaker 16: Republican right wingers, Marjorie Taylor Green, has broken with her 470 00:22:39,080 --> 00:22:42,000 Speaker 16: own party on the court shutdown issue of where the 471 00:22:42,040 --> 00:22:46,879 Speaker 16: covid era healthcare subsidies should continue. Green has posted that 472 00:22:46,920 --> 00:22:49,720 Speaker 16: she is going against quote everyone on this issue because 473 00:22:49,800 --> 00:22:53,520 Speaker 16: her own kids has got their health insurance renewals and 474 00:22:53,560 --> 00:22:55,840 Speaker 16: their premiums next year are going to double. She says 475 00:22:55,840 --> 00:22:59,160 Speaker 16: she is absolutely disgusted that health insurance rates are going 476 00:22:59,160 --> 00:23:02,320 Speaker 16: to double for a huge number of Americans, including her 477 00:23:02,320 --> 00:23:02,879 Speaker 16: own children. 478 00:23:03,160 --> 00:23:06,240 Speaker 2: How did Pam go, Well, It's been. 479 00:23:07,000 --> 00:23:10,480 Speaker 16: An interesting hearing, combative at times, all kinds of questions, 480 00:23:10,560 --> 00:23:13,280 Speaker 16: says Pam. Bondi is on the hot seat. Lots of 481 00:23:13,280 --> 00:23:15,280 Speaker 16: issues being raised, as I say, including the move by 482 00:23:15,280 --> 00:23:17,639 Speaker 16: the White House artists and in hundreds of federalized National 483 00:23:17,640 --> 00:23:20,520 Speaker 16: Guards for Chicago. Some of the troops are coming in 484 00:23:20,560 --> 00:23:25,119 Speaker 16: from Texas, and JB. Pritzker, the governor, calls it an invasion. 485 00:23:25,160 --> 00:23:27,560 Speaker 16: He says he views this as part of a plan 486 00:23:27,640 --> 00:23:30,160 Speaker 16: to put more and more troops onto the streets here routinely, 487 00:23:30,240 --> 00:23:34,840 Speaker 16: and maybe he thinks during the next elections coming up. 488 00:23:35,080 --> 00:23:38,360 Speaker 5: It's a signal that they're trying to send that it's 489 00:23:38,440 --> 00:23:40,080 Speaker 5: okay to have troops on your street. 490 00:23:40,160 --> 00:23:43,639 Speaker 16: Well, Bondy was pressed on this by Democratic Senator Dick Durbin. 491 00:23:43,720 --> 00:23:46,520 Speaker 9: He voted to shut down the government, and you're sitting here. 492 00:23:46,680 --> 00:23:49,320 Speaker 9: Our law enforcement officers aren't being paid. They're out there 493 00:23:49,359 --> 00:23:52,280 Speaker 9: working to protect you. I wish you loved Chicago as 494 00:23:52,320 --> 00:23:53,840 Speaker 9: much as you hate President Trump. 495 00:23:54,000 --> 00:23:56,760 Speaker 16: Bondi also sparred with the Dems over the Jeffrey Epstein 496 00:23:56,840 --> 00:23:59,720 Speaker 16: client list and refused to say who asked for a 497 00:23:59,760 --> 00:24:02,720 Speaker 16: review of how many times Donald Trump's name comes up. 498 00:24:02,960 --> 00:24:06,320 Speaker 16: Trump himself was asked about the US Supreme Court rejecting 499 00:24:06,359 --> 00:24:11,480 Speaker 16: an appeal by convicted sex trafficker Geolaine Maxwell for participating 500 00:24:11,520 --> 00:24:14,359 Speaker 16: along with Epstein and his sexual assaults on schoolgirls and 501 00:24:14,400 --> 00:24:18,439 Speaker 16: so on. Trump revealed he is considering pardoning Maxwell. So 502 00:24:18,880 --> 00:24:22,919 Speaker 16: he was asked. 503 00:24:21,680 --> 00:24:23,760 Speaker 7: Again, Yeah, I mean, I'm going to have to take 504 00:24:23,760 --> 00:24:25,160 Speaker 7: a look at it. And I have to ask. 505 00:24:25,240 --> 00:24:28,159 Speaker 16: DOJ why do that all? Why does he have to 506 00:24:28,200 --> 00:24:30,320 Speaker 16: take a look at it. She's already convicted and serving 507 00:24:30,359 --> 00:24:32,879 Speaker 16: jail time. While there has been the wildestir about a 508 00:24:32,880 --> 00:24:35,240 Speaker 16: statue put up right outside the White House showing Trump 509 00:24:35,240 --> 00:24:38,639 Speaker 16: and Epstein holding hands, it's done by anonymous artists and 510 00:24:38,720 --> 00:24:42,080 Speaker 16: shows the two longtime friends sort of gazing at each 511 00:24:42,119 --> 00:24:44,280 Speaker 16: other as they kick up the heels with apparent joy. 512 00:24:44,560 --> 00:24:47,120 Speaker 16: The sculpture was approved by the officials the National Mall. 513 00:24:47,200 --> 00:24:50,159 Speaker 16: Then it was forcibly taken down by some folks who 514 00:24:50,280 --> 00:24:52,680 Speaker 16: tore their hands apart damaged the thing, but the artists 515 00:24:52,960 --> 00:24:55,439 Speaker 16: fixed it up put it back up, whereupon they were 516 00:24:55,480 --> 00:24:58,440 Speaker 16: met by a show or forced by masked men who 517 00:24:58,560 --> 00:25:00,359 Speaker 16: ordered them to take it down. Then the I just 518 00:25:00,480 --> 00:25:03,440 Speaker 16: repeated it again and installed it yet again. Take three 519 00:25:03,560 --> 00:25:06,920 Speaker 16: with a plaque that reads in honor of Friendship Month. 520 00:25:06,920 --> 00:25:10,159 Speaker 2: Good stuff, Whichard Donald stateside by the way, in California 521 00:25:10,200 --> 00:25:12,600 Speaker 2: knew some has signed off a think called SB fifty three. 522 00:25:12,640 --> 00:25:14,280 Speaker 2: The only reason I raise this with you is it's 523 00:25:14,280 --> 00:25:17,879 Speaker 2: about AI, and everyone's grappling with AI and laws and 524 00:25:17,960 --> 00:25:21,360 Speaker 2: rules and expectations around It fills a gap less by 525 00:25:21,359 --> 00:25:23,880 Speaker 2: the US Congress, which is so far not past anything, 526 00:25:24,480 --> 00:25:26,680 Speaker 2: and it's sort of I've become increasingly interested in AI, 527 00:25:26,800 --> 00:25:29,920 Speaker 2: not because everybody else's but because it's going to burst. 528 00:25:30,160 --> 00:25:33,640 Speaker 2: It'll be a bubble. It's a fantastic tech bubble, which 529 00:25:33,680 --> 00:25:36,200 Speaker 2: is partially why Gold's at four thousand and at some 530 00:25:36,359 --> 00:25:39,040 Speaker 2: point all this is going to go tits up in 531 00:25:39,119 --> 00:25:42,840 Speaker 2: a spectacular fashion because everything is, as they say in 532 00:25:42,880 --> 00:25:45,919 Speaker 2: the market world, price to perfection at the moment, and 533 00:25:45,960 --> 00:25:47,800 Speaker 2: it simply can't continue. And if you listen to people 534 00:25:47,800 --> 00:25:50,480 Speaker 2: like Bezos, he even he sees it as a bubble. 535 00:25:50,480 --> 00:25:52,440 Speaker 2: I mean, AI is going to do some amazing things, 536 00:25:52,560 --> 00:25:55,160 Speaker 2: is doing some amazing things, but the amount of money 537 00:25:55,160 --> 00:25:57,840 Speaker 2: being put into it versus the return that isn't coming. 538 00:25:58,440 --> 00:26:00,760 Speaker 2: At some point people are going to wake up and 539 00:26:00,800 --> 00:26:02,760 Speaker 2: you go, you know what, I got a lot of 540 00:26:02,760 --> 00:26:04,520 Speaker 2: money in this and it's not turning out to be 541 00:26:04,640 --> 00:26:06,399 Speaker 2: what I thought, at which point they'll pull out, at 542 00:26:06,400 --> 00:26:09,120 Speaker 2: which point the whole thing's going to go. Remember where 543 00:26:09,160 --> 00:26:10,600 Speaker 2: you heard it first ten to seven. 544 00:26:10,800 --> 00:26:13,879 Speaker 1: The Mike Costing Breakfast with the land Rover Defender and 545 00:26:13,960 --> 00:26:14,720 Speaker 1: use togsad be. 546 00:26:14,920 --> 00:26:17,040 Speaker 2: My rhetorical question, what happens to the economy of the 547 00:26:17,080 --> 00:26:19,560 Speaker 2: return on primary products drops off? Very good questions not 548 00:26:19,600 --> 00:26:21,480 Speaker 2: it doesn't need to be rhetorical, it's a very good question. 549 00:26:21,520 --> 00:26:23,880 Speaker 2: That's why it's so important to trigger the economy out 550 00:26:23,880 --> 00:26:25,680 Speaker 2: point five to get the benefits from well, I mean, 551 00:26:27,400 --> 00:26:30,800 Speaker 2: even if they go five today fifty today. It certainly 552 00:26:30,880 --> 00:26:33,280 Speaker 2: doesn't counteract what may or may not happen in terms 553 00:26:33,280 --> 00:26:35,359 Speaker 2: of dairy and the farming. A farming wasn't working for us, 554 00:26:35,359 --> 00:26:38,520 Speaker 2: we'd be in desperate trouble. Be Inzead have joined everybody else. 555 00:26:38,520 --> 00:26:41,000 Speaker 2: They've all lined up ahead of today six months ten 556 00:26:41,040 --> 00:26:44,119 Speaker 2: points down to four eight nine for your mortgage eighteen 557 00:26:44,160 --> 00:26:47,240 Speaker 2: months at four four nine and two years at four 558 00:26:47,280 --> 00:26:50,680 Speaker 2: six five, three year at four eight five Kiwey Bank. 559 00:26:50,720 --> 00:26:50,960 Speaker 7: What are they? 560 00:26:51,200 --> 00:26:53,600 Speaker 2: They're all the same, essentially, They're all the same at 561 00:26:53,600 --> 00:26:55,360 Speaker 2: the end of the day, almost as though they get 562 00:26:55,400 --> 00:26:58,320 Speaker 2: together in a small room. By the way, I'm not 563 00:26:58,359 --> 00:26:59,919 Speaker 2: saying that. Don't sue me. 564 00:27:01,080 --> 00:27:02,800 Speaker 13: Was it like humor? Are a joke? 565 00:27:03,520 --> 00:27:04,560 Speaker 2: Adrian All set up? 566 00:27:04,600 --> 00:27:04,919 Speaker 14: This is this? 567 00:27:05,000 --> 00:27:06,680 Speaker 2: Finally, I don't know why this isn't the biggest story 568 00:27:06,720 --> 00:27:08,600 Speaker 2: this morning. How much media time has been spent in 569 00:27:08,600 --> 00:27:11,840 Speaker 2: the last whatever two three four months speculating on where 570 00:27:11,880 --> 00:27:13,640 Speaker 2: Adrian or is, what he's going to do. He's actually 571 00:27:13,720 --> 00:27:15,720 Speaker 2: done something. He started a company. He's got his own business. 572 00:27:15,720 --> 00:27:17,560 Speaker 2: Where's that in the news this morning? For goodness sake, 573 00:27:17,600 --> 00:27:21,359 Speaker 2: he started Adrian All Limited. So at least you know 574 00:27:21,359 --> 00:27:23,080 Speaker 2: what you're dealing with I mean, it could have been cleverer, 575 00:27:23,119 --> 00:27:26,359 Speaker 2: couldn't it. But Adrian all Limited its new management consultancy 576 00:27:26,400 --> 00:27:29,520 Speaker 2: business and he's doing tarot cards. I might have made 577 00:27:29,520 --> 00:27:33,200 Speaker 2: that last part up. Don't turn me, but. 578 00:27:33,160 --> 00:27:35,400 Speaker 13: I know I don't know when to take what you say. 579 00:27:35,440 --> 00:27:37,040 Speaker 2: The whole point of this when you just never know 580 00:27:37,080 --> 00:27:39,840 Speaker 2: where you're at, you just keep us wondering. Five minutes 581 00:27:39,840 --> 00:27:44,320 Speaker 2: away from seven. 582 00:27:42,600 --> 00:27:46,280 Speaker 1: And the outs. It's the bizs with business Faber, take 583 00:27:46,359 --> 00:27:48,639 Speaker 1: your business productivity to the next level. 584 00:27:48,880 --> 00:27:51,520 Speaker 2: Is that true, Mike? You're one hundred percent correct regarding AI. 585 00:27:51,600 --> 00:27:53,600 Speaker 2: It's a bubble that's already four times larger than the 586 00:27:53,640 --> 00:27:55,800 Speaker 2: dot com bubble? Is that true? Check that out, Get 587 00:27:55,840 --> 00:27:57,720 Speaker 2: the research team on that. Is it four times larger 588 00:27:57,760 --> 00:28:01,720 Speaker 2: than the doering the bubble? Now the investors are back 589 00:28:01,720 --> 00:28:03,400 Speaker 2: in the property market. This is the other good news 590 00:28:03,400 --> 00:28:06,760 Speaker 2: this morning. Cotality. This is the coertality. Buy classification data 591 00:28:06,840 --> 00:28:08,760 Speaker 2: shows mom and Dad investors are leading the way when 592 00:28:08,800 --> 00:28:12,520 Speaker 2: it comes to multiple property owners or MPOs. MPO's share 593 00:28:12,520 --> 00:28:14,680 Speaker 2: of purchases an increased from twenty two to twenty three 594 00:28:14,680 --> 00:28:17,280 Speaker 2: and a half percent goes even higher and some set 595 00:28:17,320 --> 00:28:19,760 Speaker 2: as Hamilton, you're into it with alacrity twenty nine percent 596 00:28:19,840 --> 00:28:22,320 Speaker 2: christ dut To North from twenty six. First time buy 597 00:28:22,400 --> 00:28:25,760 Speaker 2: is still dominating the market in the capital though. Don't 598 00:28:25,840 --> 00:28:28,000 Speaker 2: but if you buy your first home, be aware you 599 00:28:28,040 --> 00:28:29,879 Speaker 2: can't water your garden. Don't buy a home with a 600 00:28:29,920 --> 00:28:31,920 Speaker 2: garden because you're going to die because you're on water 601 00:28:31,960 --> 00:28:35,520 Speaker 2: restrictions already level one. So just buy one with some 602 00:28:35,560 --> 00:28:38,360 Speaker 2: paving or no land at all, like a townhouse tower 603 00:28:38,360 --> 00:28:40,960 Speaker 2: on a Dunedin Hire Investor numbers, which is good. We're 604 00:28:40,960 --> 00:28:43,040 Speaker 2: also paying less for a property than a year ago. 605 00:28:43,120 --> 00:28:45,160 Speaker 2: The MPOs have spent an average of seven to fifty 606 00:28:45,240 --> 00:28:48,000 Speaker 2: nine as one thousand, which is down from seventy to 607 00:28:48,000 --> 00:28:50,560 Speaker 2: seven to seventy. First home buyers have paid an average 608 00:28:50,560 --> 00:28:52,800 Speaker 2: of seven hundred, which is up a little bit. So 609 00:28:52,880 --> 00:28:55,520 Speaker 2: there's clearly a plenty of people still saving and scraping 610 00:28:55,560 --> 00:28:58,040 Speaker 2: together ten to twenty percent deposit into the marketplace. You 611 00:28:58,080 --> 00:29:00,320 Speaker 2: can still do it. There's a company I read you yesterday. 612 00:29:00,360 --> 00:29:03,680 Speaker 2: I'll get to it later on in the program Urban Advisory. 613 00:29:03,720 --> 00:29:05,600 Speaker 2: I looked them up. They seem very touchy feeling. I 614 00:29:05,640 --> 00:29:09,560 Speaker 2: mean they for all I know they're fantastically likable people, 615 00:29:10,120 --> 00:29:13,480 Speaker 2: but they came up with this random survey from renters 616 00:29:13,520 --> 00:29:16,480 Speaker 2: saying that three quarters of renters are dissatisfied with the 617 00:29:16,560 --> 00:29:21,600 Speaker 2: housing choices available to them and they want more housing options. 618 00:29:21,640 --> 00:29:23,240 Speaker 2: And some of the housing options they came up with 619 00:29:23,320 --> 00:29:28,040 Speaker 2: were mobility co housing. So anyway, I'll get you the 620 00:29:28,120 --> 00:29:32,160 Speaker 2: numbers on that. Where was I those who are relocating 621 00:29:32,280 --> 00:29:36,440 Speaker 2: towns or just want change, they're paying it an average 622 00:29:36,440 --> 00:29:38,600 Speaker 2: of eight hundred and eighty thousand dollars. So I think 623 00:29:38,640 --> 00:29:40,880 Speaker 2: in totality, that shows there's a little bit of life 624 00:29:40,880 --> 00:29:42,760 Speaker 2: in the old housing market at the moment. In spring 625 00:29:42,880 --> 00:29:45,200 Speaker 2: is here, I'm seeing some more for sale signs. Wait 626 00:29:45,240 --> 00:29:47,440 Speaker 2: till September October numbers sort of come through on sales. 627 00:29:47,480 --> 00:29:49,240 Speaker 2: I think you're going to find that the sales numbers 628 00:29:49,240 --> 00:29:52,320 Speaker 2: are up, which is encouraging, Which brings us to Christian 629 00:29:52,320 --> 00:29:55,440 Speaker 2: penultimate outing fifty or twenty five. What do we think? 630 00:29:55,480 --> 00:29:57,720 Speaker 2: Where do we go? What's the impact? We're going to 631 00:29:57,720 --> 00:29:59,160 Speaker 2: have a look at this in the next half hour 632 00:29:59,160 --> 00:30:01,640 Speaker 2: of the program. Here this Wednesday morning, on the Mic 633 00:30:01,720 --> 00:30:03,120 Speaker 2: Hosking Breakfast, US. 634 00:30:03,080 --> 00:30:03,600 Speaker 18: Talks the. 635 00:30:06,280 --> 00:30:10,000 Speaker 1: Credible, compelling, the breakfast show you Can't best. It's the 636 00:30:10,160 --> 00:30:15,320 Speaker 1: Mic Hosking Breakfast with Vita, retirement, communities, life your Way News. 637 00:30:15,120 --> 00:30:17,320 Speaker 2: Togs Head be seven past seven. So we always love 638 00:30:17,360 --> 00:30:19,480 Speaker 2: an ocr day, don't we. But day seems to have 639 00:30:19,560 --> 00:30:21,760 Speaker 2: a little extra hanging on at no real consensus over 640 00:30:21,840 --> 00:30:24,600 Speaker 2: twenty five or fifty. Nick Toughly's asb's chief economist and 641 00:30:24,720 --> 00:30:27,960 Speaker 2: is with us, Nick morning, Good morning, you're fifty. How 642 00:30:28,000 --> 00:30:29,360 Speaker 2: solid are you on your fifty? 643 00:30:30,480 --> 00:30:32,600 Speaker 19: Well, I'd like to go to do a pun and 644 00:30:32,600 --> 00:30:35,480 Speaker 19: say you about fifty fifty on the fifty, probably about sixty, 645 00:30:35,600 --> 00:30:38,640 Speaker 19: probably about sixty forty. Look, you can you can do 646 00:30:38,720 --> 00:30:41,040 Speaker 19: a pretty good case either way. But we think it's 647 00:30:41,280 --> 00:30:44,240 Speaker 19: just time to give it a firm and nudge than 648 00:30:44,280 --> 00:30:45,800 Speaker 19: what the Reserve Bank has recently. 649 00:30:46,000 --> 00:30:47,640 Speaker 2: Do you have any will put any weight on the 650 00:30:47,640 --> 00:30:49,520 Speaker 2: stick of shock argument, and that is that the Reserve 651 00:30:49,560 --> 00:30:51,320 Speaker 2: banker are going to panic a little bit and look 652 00:30:51,360 --> 00:30:53,480 Speaker 2: at all the things that have happened since they lasted nothing, 653 00:30:53,520 --> 00:30:55,080 Speaker 2: and go, geez, we better do something. 654 00:30:56,360 --> 00:30:58,320 Speaker 19: I don't think it's so much panic, but it's just 655 00:30:58,520 --> 00:31:01,080 Speaker 19: a shift or what we expect sees. It's a recognition 656 00:31:01,120 --> 00:31:04,480 Speaker 19: that the recovery does have some legs to get going, 657 00:31:04,560 --> 00:31:06,440 Speaker 19: but it's just taking longer to keep going. And I 658 00:31:06,440 --> 00:31:08,400 Speaker 19: think the really key thing from their point of view 659 00:31:08,640 --> 00:31:11,000 Speaker 19: is that there's looking like there's a lot more spere 660 00:31:11,040 --> 00:31:13,440 Speaker 19: capacity hanging around, and you just need the economy to 661 00:31:13,440 --> 00:31:17,720 Speaker 19: grow that much faster to absorb that. Otherwise you've gotten 662 00:31:17,720 --> 00:31:19,880 Speaker 19: an issue with inflation being a little bit weaker than 663 00:31:19,880 --> 00:31:20,560 Speaker 19: what you expected. 664 00:31:20,800 --> 00:31:24,000 Speaker 2: How much of today is about the basics and the 665 00:31:24,040 --> 00:31:27,000 Speaker 2: facts versus the psychology of it all and getting us 666 00:31:27,040 --> 00:31:27,680 Speaker 2: out of a funk. 667 00:31:29,080 --> 00:31:31,000 Speaker 19: Look, usually for the Reserve Bank, it is about the 668 00:31:31,080 --> 00:31:34,360 Speaker 19: numbers looking and going, Okay, the recovery has been slower. 669 00:31:34,920 --> 00:31:37,280 Speaker 19: It will rebound, but it's not going to be coming 670 00:31:37,320 --> 00:31:40,920 Speaker 19: quick enough to absorb the speed capacity quicker, and they'll 671 00:31:40,920 --> 00:31:43,440 Speaker 19: be eyeing up Okay, we's inflation likely to be sitting. 672 00:31:44,000 --> 00:31:46,840 Speaker 19: There's a little bit of psychology in the sense that, look, 673 00:31:46,880 --> 00:31:48,959 Speaker 19: the Reserve Bank was expecting to get the cash right 674 00:31:49,080 --> 00:31:51,640 Speaker 19: down to two and a half percent by year end, 675 00:31:52,040 --> 00:31:54,560 Speaker 19: So it's more a case of okay, if we cut 676 00:31:54,600 --> 00:31:57,400 Speaker 19: it a bit quicker, you know, what's the room for 677 00:31:57,480 --> 00:31:59,960 Speaker 19: regret around there? And we just think it's relatively small. 678 00:32:00,440 --> 00:32:02,760 Speaker 19: If you do actually get people excited and going out 679 00:32:02,760 --> 00:32:05,800 Speaker 19: there and spending money and borrowing and getting the economy going. 680 00:32:06,240 --> 00:32:09,120 Speaker 19: You know, that's not really too much of a downside. 681 00:32:09,240 --> 00:32:10,680 Speaker 2: What do you think the chances of a fifty and 682 00:32:10,720 --> 00:32:12,720 Speaker 2: a twenty five are we? 683 00:32:12,760 --> 00:32:15,040 Speaker 19: Do you think that's reason? I mean, that's our base 684 00:32:15,280 --> 00:32:18,480 Speaker 19: base case. We do think fifty today would just help 685 00:32:18,640 --> 00:32:20,840 Speaker 19: jolp things along a bit. We think that there's a 686 00:32:20,880 --> 00:32:22,360 Speaker 19: need for the cash rate to go a little bit 687 00:32:22,400 --> 00:32:23,920 Speaker 19: lower than two and a half. But we're getting there 688 00:32:24,040 --> 00:32:27,160 Speaker 19: near the endpoint, so we do our base cases, we'll 689 00:32:27,160 --> 00:32:30,040 Speaker 19: get down to two twenty five and hopefully by the 690 00:32:30,120 --> 00:32:30,720 Speaker 19: end of this year. 691 00:32:30,840 --> 00:32:33,280 Speaker 2: Do you expect to split vote on the Monetary Committee? 692 00:32:33,920 --> 00:32:36,120 Speaker 19: Look, I think it's going to be pretty close. I 693 00:32:36,120 --> 00:32:38,840 Speaker 19: think last time I was respeculating, we've probably had two 694 00:32:38,880 --> 00:32:42,480 Speaker 19: external people voting for a fifty, one external voting for 695 00:32:42,560 --> 00:32:46,600 Speaker 19: twenty five and the reserve banks star voting for twenty five. Look, 696 00:32:46,880 --> 00:32:49,280 Speaker 19: I think the key thing is at six versus six, 697 00:32:49,640 --> 00:32:53,240 Speaker 19: three versus three, or we've got six people. What Christian 698 00:32:53,280 --> 00:32:56,040 Speaker 19: hawks for the governor decides is going to be quite 699 00:32:56,040 --> 00:32:59,200 Speaker 19: critical because his vote counts twice. If they've got a 700 00:32:59,280 --> 00:33:02,120 Speaker 19: split three a three decision, what does it tell. 701 00:33:02,000 --> 00:33:05,440 Speaker 2: Us about our economy generally that we're hanging on a 702 00:33:05,440 --> 00:33:08,440 Speaker 2: cash rate, and that means mortgages, and mortgages means money. 703 00:33:08,440 --> 00:33:10,440 Speaker 2: And oh god, if we could only leverage our house 704 00:33:10,560 --> 00:33:12,960 Speaker 2: just a wee bit more, the economy might start growing. 705 00:33:13,040 --> 00:33:15,360 Speaker 2: I mean, if you look at that in a big picture, 706 00:33:15,360 --> 00:33:17,280 Speaker 2: it's not that good, is it. I mean, we should 707 00:33:17,280 --> 00:33:20,240 Speaker 2: be doing other stuff than relying on today. 708 00:33:21,040 --> 00:33:24,000 Speaker 19: Yeah, look, there are certainly more than today. I think 709 00:33:24,040 --> 00:33:26,120 Speaker 19: the fact that people are hanging out for lower interest 710 00:33:26,200 --> 00:33:28,920 Speaker 19: rates just tells you about how high and how painful 711 00:33:28,960 --> 00:33:30,920 Speaker 19: they have felt for many people. But look, when you 712 00:33:30,960 --> 00:33:33,480 Speaker 19: step along beyond interest rates, lo, what we are looking 713 00:33:33,480 --> 00:33:35,320 Speaker 19: for is people to have a bit more spear cash 714 00:33:35,360 --> 00:33:37,560 Speaker 19: to go and spend on the things that they normally 715 00:33:37,560 --> 00:33:40,640 Speaker 19: want that they've been scrimping on. Importantly, we want businesses 716 00:33:40,680 --> 00:33:43,240 Speaker 19: to start investing and looking to the future and making 717 00:33:43,280 --> 00:33:46,200 Speaker 19: those decisions. But also, let's not forget we do have 718 00:33:46,360 --> 00:33:48,840 Speaker 19: an agricultural sector where there's a lot of cash piling 719 00:33:48,880 --> 00:33:50,480 Speaker 19: in and they just also need to get to that 720 00:33:50,520 --> 00:33:52,720 Speaker 19: point where they've got their own financial ship into order 721 00:33:52,760 --> 00:33:55,360 Speaker 19: and then they'll start going out and spending on fun. 722 00:33:55,680 --> 00:33:59,200 Speaker 2: While I've got you the FPC, the Financial Policy Committee, 723 00:33:59,200 --> 00:34:01,560 Speaker 2: which they announced as they've been announced yesterday. It's a 724 00:34:01,600 --> 00:34:03,400 Speaker 2: thing they're setting up. Is that going to make any 725 00:34:03,440 --> 00:34:04,840 Speaker 2: material difference to my life? 726 00:34:06,840 --> 00:34:09,440 Speaker 19: Look, I think a lot of that financial stability stuff, 727 00:34:09,480 --> 00:34:11,879 Speaker 19: it's a bit like having an insurance policy. You sort 728 00:34:11,880 --> 00:34:14,759 Speaker 19: of you don't really read the fine print, just pay 729 00:34:14,760 --> 00:34:17,200 Speaker 19: the premium and kind of ignore it, but you actually 730 00:34:17,680 --> 00:34:19,839 Speaker 19: don't ever want it to be bumping up and having 731 00:34:19,880 --> 00:34:21,680 Speaker 19: a big impact on your life. Is that usually means 732 00:34:22,200 --> 00:34:24,640 Speaker 19: something's gone wrong, So that hopefully the job of that 733 00:34:24,640 --> 00:34:26,719 Speaker 19: committee is going to be just to make sure that 734 00:34:26,760 --> 00:34:30,360 Speaker 19: in the background, the New Zealand financial system remains stable. 735 00:34:30,520 --> 00:34:31,879 Speaker 2: All right, Good to talk to you, by the way, 736 00:34:31,920 --> 00:34:33,640 Speaker 2: while I've also got you. Do you reckon AI as 737 00:34:33,680 --> 00:34:34,400 Speaker 2: a bubble. 738 00:34:35,920 --> 00:34:39,800 Speaker 19: Look, I think it's one where there's a lot of excitement. 739 00:34:39,840 --> 00:34:42,600 Speaker 19: But the thing with technology is often there's a lot 740 00:34:42,600 --> 00:34:45,719 Speaker 19: of hype initially that fails to deliver, but over the 741 00:34:45,719 --> 00:34:48,719 Speaker 19: long term you get some pretty profound impacts. So I 742 00:34:48,760 --> 00:34:50,799 Speaker 19: think we'll see a lot of progress coming over time. 743 00:34:50,960 --> 00:34:54,160 Speaker 2: Always enjoy your company, Appreciate it. Nick Tuffley asb Chief Economist, 744 00:34:54,160 --> 00:35:00,520 Speaker 2: Speaking of which, twelve macro Strategy Partnership Independent research firm 745 00:35:00,800 --> 00:35:03,319 Speaker 2: AI is not just a bubble. It's seventeen times the 746 00:35:03,360 --> 00:35:06,120 Speaker 2: size of dot Com, four times bigger than the two 747 00:35:06,160 --> 00:35:09,759 Speaker 2: thousand and eight global real estate bubble. Torsten Slock, who's 748 00:35:09,760 --> 00:35:13,720 Speaker 2: the chief economist at Apollo Global Management, tech stock prices 749 00:35:13,880 --> 00:35:17,200 Speaker 2: are more overinflated than the dot com bubble. Business professor 750 00:35:17,280 --> 00:35:20,200 Speaker 2: Eric Gordon. More people will lose money in the AI 751 00:35:20,280 --> 00:35:24,120 Speaker 2: craze than the dot com bubble other side, because we're balanced. 752 00:35:24,239 --> 00:35:27,120 Speaker 2: Venu Krishna, who's the US equity strategy at Barclays. He 753 00:35:27,160 --> 00:35:31,520 Speaker 2: goes the dot com bubble slash comparison to AI is 754 00:35:31,600 --> 00:35:38,759 Speaker 2: over blurt. Thirteen past. 755 00:35:40,080 --> 00:35:44,480 Speaker 1: The Like Asking Breakfast Full Show podcast on iHeartRadio powered 756 00:35:44,560 --> 00:35:45,520 Speaker 1: by News Talks at b. 757 00:35:46,400 --> 00:35:48,319 Speaker 2: I've got this one. I think it seems to be 758 00:35:48,400 --> 00:35:50,759 Speaker 2: good numbers around kids going to school. It long last. 759 00:35:50,760 --> 00:35:52,640 Speaker 2: This is from the Eer this morning. It's coming shortly 760 00:35:52,640 --> 00:35:55,239 Speaker 2: fifteen past seven. Our driver training trouble though. Over three 761 00:35:55,360 --> 00:35:57,960 Speaker 2: hundred and twenty two of us have to reset the 762 00:35:58,040 --> 00:36:02,080 Speaker 2: license after officers a agdly accepted cash bribes to pass 763 00:36:02,120 --> 00:36:05,120 Speaker 2: practical tast five instructors is from Highbrook, High Brooks in Auckland. 764 00:36:05,400 --> 00:36:07,560 Speaker 2: They've been sacked. The police are on with Mark Rebel 765 00:36:07,600 --> 00:36:09,879 Speaker 2: Johnson's the president of the New Zealand Institute of Driver 766 00:36:10,040 --> 00:36:14,160 Speaker 2: Educators and as well as Mark Morling. Well, oh, what's 767 00:36:14,160 --> 00:36:15,120 Speaker 2: happened to here? Do you reckon? 768 00:36:17,040 --> 00:36:19,880 Speaker 20: Difficult to say? Okay, just the one important distinction to 769 00:36:19,960 --> 00:36:22,759 Speaker 20: draw here. You're talking about instructors. The people involved are 770 00:36:22,760 --> 00:36:26,480 Speaker 20: actually testing officers, so not not necessarily driving instructors, but 771 00:36:26,920 --> 00:36:28,560 Speaker 20: people who conduct driving tests. 772 00:36:28,880 --> 00:36:33,400 Speaker 2: Right, what's the difference. What's the difference is who take money? 773 00:36:34,080 --> 00:36:37,239 Speaker 20: The differences the instructor instructs the test of tests, and 774 00:36:37,320 --> 00:36:40,840 Speaker 20: it's it's people doing driving tests to get a license 775 00:36:40,920 --> 00:36:42,719 Speaker 20: that were involved with it. 776 00:36:43,000 --> 00:36:46,279 Speaker 2: Okay, is this do you think of one off? Is 777 00:36:46,280 --> 00:36:48,839 Speaker 2: this just you know, Mike going hey, listen, I've did 778 00:36:48,880 --> 00:36:50,680 Speaker 2: this and then Bob does it as well and suddenly 779 00:36:50,719 --> 00:36:52,640 Speaker 2: you got five people in the same office doing it. 780 00:36:52,760 --> 00:36:54,640 Speaker 2: Or is this this potentially endemic? 781 00:36:57,440 --> 00:37:00,480 Speaker 20: It's difficult to say, of course, but we don't know 782 00:37:00,480 --> 00:37:04,840 Speaker 20: an awful lot about it. However, when you consider the 783 00:37:04,920 --> 00:37:08,359 Speaker 20: number of driving tests that's happened on the well into 784 00:37:08,400 --> 00:37:13,040 Speaker 20: the thousands weekly, three hundred and twenty two over a 785 00:37:13,080 --> 00:37:14,640 Speaker 20: couple of year period is actually quite a. 786 00:37:14,600 --> 00:37:19,040 Speaker 2: Small number, and it doesn't make it right Mark. 787 00:37:19,680 --> 00:37:22,480 Speaker 20: No, No, absolutely not no, I quite agree, And you know, 788 00:37:22,520 --> 00:37:24,239 Speaker 20: we need to have faith in the system and it 789 00:37:24,320 --> 00:37:27,120 Speaker 20: needs to be consistent and above board. 790 00:37:28,680 --> 00:37:30,560 Speaker 2: Reminds me of the time I went to Rara Tonga 791 00:37:30,600 --> 00:37:32,960 Speaker 2: and you slipped the policeman the money you ever done 792 00:37:33,000 --> 00:37:38,000 Speaker 2: that and got your bike license to ride around the island? 793 00:37:38,480 --> 00:37:39,960 Speaker 20: About the bike license when I went there? 794 00:37:39,960 --> 00:37:44,600 Speaker 2: So, so who who's on top of this, who's in 795 00:37:44,719 --> 00:37:47,280 Speaker 2: charge of this and stamps this out? This all strikes 796 00:37:47,320 --> 00:37:49,359 Speaker 2: me as being unbelievably third world. 797 00:37:51,560 --> 00:37:55,879 Speaker 20: It certainly, it certainly has that impression, doesn't it. Let's 798 00:37:55,880 --> 00:37:58,600 Speaker 20: look at what who does what? The Transport Agency of 799 00:37:58,640 --> 00:38:05,840 Speaker 20: the Regulator VTNS have the contract to deliver practical driving tests, 800 00:38:06,320 --> 00:38:10,319 Speaker 20: so they're a contractor to the Transport Agency VTNZ. In 801 00:38:10,360 --> 00:38:15,920 Speaker 20: this case, I've responded to complaints, They've done an internal investigation, 802 00:38:16,000 --> 00:38:21,680 Speaker 20: I believe, and they have passed their concerns onto the 803 00:38:21,719 --> 00:38:26,360 Speaker 20: transport agency. They've taken enforcement action. VTNS have taken employment 804 00:38:26,400 --> 00:38:28,440 Speaker 20: action and now they not has been referred to the police. 805 00:38:29,000 --> 00:38:31,680 Speaker 20: So in that respect, I think the system seems to 806 00:38:31,719 --> 00:38:32,280 Speaker 20: be working. 807 00:38:33,640 --> 00:38:37,319 Speaker 2: In other wort, they got caught, so that's the encouraging part. 808 00:38:37,560 --> 00:38:39,520 Speaker 2: I suppose it's also interesting of the three hundred and 809 00:38:39,520 --> 00:38:41,560 Speaker 2: twenty two. If I was one of the three hundred 810 00:38:41,600 --> 00:38:44,959 Speaker 2: and twenty two, can you make me do it? Because 811 00:38:45,000 --> 00:38:46,560 Speaker 2: I mean, just because I paid the blankes of money 812 00:38:46,600 --> 00:38:49,279 Speaker 2: doesn't mean I wasn't any good and it didn't pass well. 813 00:38:49,320 --> 00:38:51,000 Speaker 20: I was correct, But we can't have any faith in 814 00:38:51,040 --> 00:38:55,000 Speaker 20: the result, can we. So we don't know if that 815 00:38:55,120 --> 00:38:58,080 Speaker 20: was a properly conducted test according to the conditions and 816 00:38:58,120 --> 00:39:00,879 Speaker 20: the rules, or if it was so I received even 817 00:39:00,920 --> 00:39:05,319 Speaker 20: if the drive happened properly at all. So the only 818 00:39:05,360 --> 00:39:06,920 Speaker 20: way to be sure of that is to revoke the 819 00:39:07,000 --> 00:39:07,840 Speaker 20: license and read it. 820 00:39:08,239 --> 00:39:10,920 Speaker 2: Do it again, all right, make appreciate the insight, Mark Rebel, Johnson, 821 00:39:12,040 --> 00:39:14,279 Speaker 2: chs yevvand Raratana. I mean, I don't know if it's 822 00:39:14,280 --> 00:39:16,920 Speaker 2: the same now, but you get a scoot around the 823 00:39:16,920 --> 00:39:21,080 Speaker 2: island and you've got to pass a test, and you 824 00:39:21,320 --> 00:39:23,600 Speaker 2: go to the officer in a couple of bucks, and 825 00:39:23,800 --> 00:39:26,440 Speaker 2: we're all good to go. Apparently, Mike, I need one 826 00:39:26,480 --> 00:39:29,399 Speaker 2: of the stings, please, Glenn, I asked you for one. 827 00:39:29,440 --> 00:39:32,919 Speaker 2: Where is its? Get it out of the bag, Mike. 828 00:39:33,080 --> 00:39:34,759 Speaker 2: Is there any reason it has to be fifty or 829 00:39:34,760 --> 00:39:38,440 Speaker 2: twenty five? As in points can they know? Robin, very 830 00:39:38,440 --> 00:39:40,759 Speaker 2: good question. You remember Australia was that this year a 831 00:39:40,840 --> 00:39:44,000 Speaker 2: last can't remember, but they went thirty five. So there's nothing. 832 00:39:44,320 --> 00:39:46,360 Speaker 2: I think there'll be some rule around. You can't go 833 00:39:46,480 --> 00:39:50,480 Speaker 2: like twenty two because otherwise mathematically it becomes a problem. Mike. 834 00:39:50,520 --> 00:39:52,520 Speaker 2: If only a third of houses in New Zealand have 835 00:39:52,520 --> 00:39:55,240 Speaker 2: a mortgage, well there's your first mistake. That's not true, 836 00:39:55,400 --> 00:39:57,960 Speaker 2: but thanks for the text. Anyway, sixty eight percent of 837 00:39:57,960 --> 00:40:00,600 Speaker 2: houses have a mortgage in this country. Why are we 838 00:40:00,680 --> 00:40:03,239 Speaker 2: concentrating on those with the mortgage? Lowering the interest rates 839 00:40:03,239 --> 00:40:06,160 Speaker 2: will reduce spending power for investors, yes it will, but 840 00:40:06,239 --> 00:40:08,000 Speaker 2: the important point is and it goes. And this is 841 00:40:08,040 --> 00:40:10,279 Speaker 2: why your points good goes to the parlor state of 842 00:40:10,280 --> 00:40:13,600 Speaker 2: the New Zealand economy. Because first of all, there are 843 00:40:13,719 --> 00:40:16,560 Speaker 2: more investors than there are borrowers, so that's a fact. 844 00:40:17,280 --> 00:40:21,120 Speaker 2: But the people or the amount that's borrowed is vastly 845 00:40:21,200 --> 00:40:24,279 Speaker 2: greater than the amount that's invested. So in other words, 846 00:40:24,320 --> 00:40:26,239 Speaker 2: you might have an investment of seventy five thousand dollars, 847 00:40:26,280 --> 00:40:28,080 Speaker 2: but your average Morgan is five hundred thousand. So the 848 00:40:28,120 --> 00:40:30,400 Speaker 2: money out there on loan is far greater than the 849 00:40:30,400 --> 00:40:34,000 Speaker 2: money on investment, and therefore you can leverage, and you 850 00:40:34,080 --> 00:40:36,640 Speaker 2: might not get much return on your investment, but you 851 00:40:36,680 --> 00:40:40,080 Speaker 2: can always always leverage. That's fundamentally everything's wrong with the 852 00:40:40,080 --> 00:40:43,440 Speaker 2: New Zealand economy. People only think they're wealthy when they 853 00:40:43,480 --> 00:40:44,359 Speaker 2: can borrow more. 854 00:40:44,840 --> 00:40:51,600 Speaker 1: Seven the Mic Asking Breakfast Full Show podcast on iHeartRadio 855 00:40:51,920 --> 00:40:53,359 Speaker 1: powered by News Talks Evy. 856 00:40:55,440 --> 00:40:57,239 Speaker 2: Now as the days get longer, now's the perfect time 857 00:40:57,280 --> 00:41:00,120 Speaker 2: to strengthen your body and support your well being. Chemist's 858 00:41:00,160 --> 00:41:03,120 Speaker 2: this October. This month you'll find terrific savings across the 859 00:41:03,160 --> 00:41:05,719 Speaker 2: health essentials designed to keep you feeling your best. You 860 00:41:05,760 --> 00:41:08,280 Speaker 2: can ease the sore throats with the Manuka Health Manuka 861 00:41:08,280 --> 00:41:11,480 Speaker 2: Honey lozenge drops two fifty grams at only thirteen ninety nine. 862 00:41:11,640 --> 00:41:13,399 Speaker 2: You can protect your heart in your brain health, got 863 00:41:13,480 --> 00:41:16,359 Speaker 2: the Neutral Life Fish Oil fifteen hundred megs just twenty 864 00:41:16,360 --> 00:41:19,200 Speaker 2: five ninety nine at chemist Warehouse. When it's time to unwind, 865 00:41:19,239 --> 00:41:22,800 Speaker 2: the Sweet Alti Boost Relax and Sleep one hundred tabs 866 00:41:23,120 --> 00:41:25,800 Speaker 2: now just forty two ninety nine. So whatever your health needs, 867 00:41:26,239 --> 00:41:28,440 Speaker 2: Chemist Warehouse have got you covered. Your trusted brands at 868 00:41:28,480 --> 00:41:30,600 Speaker 2: unbeatable prices, but you better hurry. The sales got to 869 00:41:30,640 --> 00:41:33,560 Speaker 2: win end of October twenty nine October, the October offers 870 00:41:33,640 --> 00:41:35,759 Speaker 2: are on now only at chemist Warehouse. You can do 871 00:41:35,760 --> 00:41:37,879 Speaker 2: it in still you can do it online. You click 872 00:41:37,920 --> 00:41:40,160 Speaker 2: and collect to save time and joy fast delivery straight 873 00:41:40,200 --> 00:41:42,280 Speaker 2: to your door if you want. It's all their Chemist Warehouse. 874 00:41:42,560 --> 00:41:46,360 Speaker 2: They got the great savings every day asking twenty three. 875 00:41:46,400 --> 00:41:49,120 Speaker 2: Here is a small example of how frustrating it must 876 00:41:49,160 --> 00:41:50,920 Speaker 2: be to be the prime minister. They announced jobs he 877 00:41:50,960 --> 00:41:53,680 Speaker 2: could changes for young people. Right, it should have been applauded. 878 00:41:53,719 --> 00:41:56,200 Speaker 2: Monday after the Cabinet, the Prime Minister's in front of 879 00:41:56,200 --> 00:41:58,640 Speaker 2: the media reltigating yet again the perils of a life 880 00:41:58,680 --> 00:42:01,640 Speaker 2: on welfare, of an expectation of welfare, of going nowhere 881 00:42:01,680 --> 00:42:05,520 Speaker 2: fast or good on welfare, instead of taking that for 882 00:42:05,560 --> 00:42:09,640 Speaker 2: what it is. Some adults setting expectations, the media, namely 883 00:42:09,719 --> 00:42:12,400 Speaker 2: Radio New Zealand, get all myopic about it and requote 884 00:42:12,440 --> 00:42:14,759 Speaker 2: them about getting off the couch and playing PlayStation and 885 00:42:14,800 --> 00:42:17,680 Speaker 2: saying that there are employers out there quote unquote screaming 886 00:42:17,719 --> 00:42:21,359 Speaker 2: for workers. They go and look to literally prove him 887 00:42:21,400 --> 00:42:24,799 Speaker 2: wrong by using data that chosen almost all parts of 888 00:42:24,800 --> 00:42:27,640 Speaker 2: the country. There were more people unemployed than there were 889 00:42:27,719 --> 00:42:32,640 Speaker 2: jobs available. Now they're either thick or Macavelian, or possibly both. 890 00:42:33,360 --> 00:42:35,600 Speaker 2: Is it tight economically in the country at the moment? 891 00:42:35,640 --> 00:42:37,880 Speaker 2: Will of course it is, But the data and the 892 00:42:37,920 --> 00:42:42,040 Speaker 2: reality on the ground are not the same thing. If 893 00:42:42,040 --> 00:42:44,760 Speaker 2: you followed the data logic until there are one hundred 894 00:42:44,840 --> 00:42:48,520 Speaker 2: jobs available and one hundred jobless, you can't get your 895 00:42:48,520 --> 00:42:52,279 Speaker 2: problem sorted, which, of course is idiocy. Surely we've learned 896 00:42:52,280 --> 00:42:55,040 Speaker 2: the lesson during COVID people are screaming, I mean literally 897 00:42:55,080 --> 00:42:57,960 Speaker 2: screaming for workers given the borders were closed, and yet 898 00:42:57,960 --> 00:42:59,480 Speaker 2: did every jobless person have a job? 899 00:42:59,520 --> 00:42:59,560 Speaker 17: No? 900 00:42:59,640 --> 00:43:02,200 Speaker 2: They did not. Why not? Because a gap and a 901 00:43:02,239 --> 00:43:06,240 Speaker 2: person are not automatically aligned, whether by skills or location, 902 00:43:06,480 --> 00:43:09,800 Speaker 2: or expectation or determination. Are good people hard to find? 903 00:43:09,960 --> 00:43:12,480 Speaker 2: Yes they are. It has been a catch cry of 904 00:43:12,520 --> 00:43:14,840 Speaker 2: the so called post COVID years has been is to 905 00:43:14,880 --> 00:43:18,160 Speaker 2: this day. Quality is not a number. Energy and desire 906 00:43:18,160 --> 00:43:20,560 Speaker 2: are not stats. And that is the mistake that the 907 00:43:20,560 --> 00:43:23,320 Speaker 2: boneheads at Radio New Zealand keep making. If you want work, 908 00:43:23,840 --> 00:43:26,680 Speaker 2: there is work to be hat. That's why some people 909 00:43:26,719 --> 00:43:28,200 Speaker 2: get laid off and go to a new job, and 910 00:43:28,239 --> 00:43:31,080 Speaker 2: some people go nowhere. You might have to move town 911 00:43:31,120 --> 00:43:33,240 Speaker 2: for goodness sake. You might have to work weird hours, 912 00:43:33,640 --> 00:43:35,440 Speaker 2: you might have to get new skills, or you might 913 00:43:35,480 --> 00:43:38,040 Speaker 2: have to get off the couch. The message the Prime 914 00:43:38,040 --> 00:43:40,520 Speaker 2: Minister was trying to get across was not about maths 915 00:43:40,520 --> 00:43:43,000 Speaker 2: and data in a myopic, negative view of the world. 916 00:43:43,040 --> 00:43:45,600 Speaker 2: It was about burning your life on welfare versus making 917 00:43:45,680 --> 00:43:48,040 Speaker 2: a go of it, and to see that you might 918 00:43:48,120 --> 00:43:49,960 Speaker 2: just need to kick up the bum from the welfare 919 00:43:50,000 --> 00:43:54,520 Speaker 2: system that's become far too soft. Hosking developing. Now, Hamas, 920 00:43:54,760 --> 00:43:56,840 Speaker 2: I told you this was going nowhere. I don't know 921 00:43:56,840 --> 00:43:59,839 Speaker 2: why Trump keeps getting sucked into the stuff I wish 922 00:43:59,880 --> 00:44:02,920 Speaker 2: I hope I'm wrong. But straight off the back of 923 00:44:02,960 --> 00:44:07,080 Speaker 2: the debarcle of Alaska, which has gone literally nowhere, and 924 00:44:07,120 --> 00:44:11,000 Speaker 2: Trump got completely stiffed by putin this idea that you 925 00:44:11,000 --> 00:44:12,759 Speaker 2: can stand in the White House week or so back 926 00:44:12,760 --> 00:44:15,000 Speaker 2: and just demand how it's going to go and expect 927 00:44:15,000 --> 00:44:18,360 Speaker 2: that to happen is just idiocy personified. Anyway, Hamas have 928 00:44:18,480 --> 00:44:21,400 Speaker 2: come back. They've got demands of their own. What a surprise. 929 00:44:22,520 --> 00:44:26,360 Speaker 2: They've not changed their demands since they accepted the initial element. 930 00:44:26,440 --> 00:44:28,399 Speaker 2: Some of the elements they said, yes, we can release them, 931 00:44:28,640 --> 00:44:30,960 Speaker 2: no problem at all. But they want a permanent and 932 00:44:31,080 --> 00:44:33,640 Speaker 2: comprehensive ceasefire. I think we'll probably all agree on that 933 00:44:34,080 --> 00:44:37,520 Speaker 2: and complete withdrawal of Israeli forces from Garsen. Now that's 934 00:44:37,560 --> 00:44:39,920 Speaker 2: not happening. Israel's not agreed to that. So there's your 935 00:44:39,920 --> 00:44:43,640 Speaker 2: first problem. And the critical part, once again wasn't mentioned initially, 936 00:44:43,680 --> 00:44:47,680 Speaker 2: isn't mentioned now, the disarmament. The deal is, you've got 937 00:44:47,719 --> 00:44:49,800 Speaker 2: to lay down your weapons essentially the same to a 938 00:44:49,880 --> 00:44:52,240 Speaker 2: mass you know, all the stuff that you do basically 939 00:44:52,320 --> 00:44:54,440 Speaker 2: for a living, which is go around terrorizing people and 940 00:44:54,520 --> 00:44:58,000 Speaker 2: killing people. All that stuff that stops, and so hand 941 00:44:58,000 --> 00:45:01,040 Speaker 2: over your weapons and stop being that, and we'll have 942 00:45:01,120 --> 00:45:03,799 Speaker 2: a deal. And guess what they're not going to do it. 943 00:45:06,000 --> 00:45:08,319 Speaker 2: I feel like getting on a flotilla and heading over 944 00:45:08,320 --> 00:45:11,319 Speaker 2: there and making a difference and taking some sandwiches with me. 945 00:45:12,040 --> 00:45:15,960 Speaker 2: The school situation seems to be improving, according to the 946 00:45:16,280 --> 00:45:18,440 Speaker 2: ro of which we will talk too shortly, and then 947 00:45:18,600 --> 00:45:22,200 Speaker 2: the probably for me anyway, the most fun? Is it fun? 948 00:45:22,280 --> 00:45:24,279 Speaker 2: Or is it depressing? Don't they the amount of money 949 00:45:24,280 --> 00:45:27,840 Speaker 2: we spend on food per week? They've got new numbers 950 00:45:27,840 --> 00:45:30,800 Speaker 2: on this, and I think, like me, you'll be surprised anyway. 951 00:45:30,800 --> 00:45:33,320 Speaker 2: That's to come after the news, which is next. 952 00:45:34,719 --> 00:45:38,760 Speaker 1: No fluff, just facts and fierce debate. The Mic Hosking 953 00:45:38,760 --> 00:45:42,919 Speaker 1: Breakfast with the land Rover Defender embraced the impossible news, 954 00:45:42,960 --> 00:45:43,560 Speaker 1: Togs Dead b. 955 00:45:43,960 --> 00:45:47,879 Speaker 2: Ntilkenny Anderson Politics Wednesday after DAT twenty three minutes away 956 00:45:47,880 --> 00:45:49,359 Speaker 2: from it. We've got some good news I think, can 957 00:45:49,400 --> 00:45:52,440 Speaker 2: you report from er? The Education Review Office shows that 958 00:45:52,480 --> 00:45:55,600 Speaker 2: we're back at school fifty eight percent and are regularly attending. 959 00:45:55,640 --> 00:45:58,759 Speaker 2: That's back to pre COVID, up from forty percent three 960 00:45:58,840 --> 00:46:01,400 Speaker 2: years ago. Ruth Genoda the hit of the ero's Education 961 00:46:01,440 --> 00:46:04,440 Speaker 2: Evaluation Center and is beg with us. Ruth, morning to you. 962 00:46:05,560 --> 00:46:06,080 Speaker 19: Good morning. 963 00:46:06,120 --> 00:46:06,279 Speaker 4: Rate. 964 00:46:06,400 --> 00:46:09,000 Speaker 2: Slightly weird old world, isn't it When we're celebrating fifty 965 00:46:09,040 --> 00:46:12,080 Speaker 2: eight percent being an improvement. Is still a faelly Powers number, 966 00:46:12,120 --> 00:46:12,480 Speaker 2: isn't it. 967 00:46:13,360 --> 00:46:15,399 Speaker 21: Oh, we've definitely got further to go. So we're really 968 00:46:15,400 --> 00:46:17,479 Speaker 21: pleased to see six and ten kids going to school 969 00:46:17,520 --> 00:46:20,319 Speaker 21: regularly compared to four and ten three years ago. But 970 00:46:20,360 --> 00:46:22,520 Speaker 21: you're right back in twenty fifteen we had seven in 971 00:46:22,560 --> 00:46:25,279 Speaker 21: ten kids going regularly and the government's target is by 972 00:46:25,280 --> 00:46:27,640 Speaker 21: twenty thirty to get eight and ten kids there. So 973 00:46:27,719 --> 00:46:29,960 Speaker 21: it's really good news progress, but we've got further to go. 974 00:46:30,360 --> 00:46:33,680 Speaker 2: Just remind us what regularly is as where. 975 00:46:33,560 --> 00:46:36,080 Speaker 21: You're doing nine days out of a fortnight nine or more? 976 00:46:36,280 --> 00:46:39,960 Speaker 2: Okay, is it distinct to schools or geography or what. 977 00:46:41,160 --> 00:46:43,920 Speaker 21: So we are seeing an overall improvement across schools across 978 00:46:43,920 --> 00:46:46,359 Speaker 21: the country, and you know what's really encouraging is that 979 00:46:46,440 --> 00:46:49,560 Speaker 21: students are taking going to school more seriously. So eight 980 00:46:49,600 --> 00:46:52,240 Speaker 21: and ten students now say school is important to their future, 981 00:46:52,600 --> 00:46:55,440 Speaker 21: three quarters think going every day is important, and twice 982 00:46:55,440 --> 00:46:57,560 Speaker 21: as many are now saying they never want to miss school. 983 00:46:57,640 --> 00:46:58,320 Speaker 19: That's good news. 984 00:46:58,440 --> 00:47:00,719 Speaker 2: Do you think any of us, especially given what the 985 00:47:00,760 --> 00:47:02,759 Speaker 2: government's been talking about in the last couple of days, 986 00:47:02,800 --> 00:47:06,000 Speaker 2: jobs seek for people leaving with no qualifications, things like that. 987 00:47:05,560 --> 00:47:08,799 Speaker 2: That's sinking into some degree and people have worked out 988 00:47:08,880 --> 00:47:10,279 Speaker 2: you might need a qualification. 989 00:47:11,760 --> 00:47:15,399 Speaker 21: Definitely. Good schools we saw across the country are doing 990 00:47:15,440 --> 00:47:18,480 Speaker 21: things like explaining to students not just why they have 991 00:47:18,560 --> 00:47:21,719 Speaker 21: to come, but the implications that has how actually attendance 992 00:47:21,800 --> 00:47:24,879 Speaker 21: predicts their lifetime earnings. But the other thing they're doing 993 00:47:24,880 --> 00:47:28,319 Speaker 21: that really works is connecting students to schools. We found 994 00:47:28,360 --> 00:47:31,839 Speaker 21: that students simply belong at school. They're five times more 995 00:47:31,960 --> 00:47:34,799 Speaker 21: likely to think going every day is important. Schools are 996 00:47:34,840 --> 00:47:35,640 Speaker 21: doing a great job. 997 00:47:35,920 --> 00:47:38,799 Speaker 2: Good while I've got you this OECD report that I 998 00:47:38,840 --> 00:47:41,040 Speaker 2: know is about the place, and this tell US, which 999 00:47:41,080 --> 00:47:44,360 Speaker 2: is the Teaching and Learning International Survey. We seem to 1000 00:47:44,360 --> 00:47:47,480 Speaker 2: be producing teachers that don't feel confident in the classroom. 1001 00:47:47,600 --> 00:47:48,080 Speaker 2: Why is that? 1002 00:47:49,520 --> 00:47:49,600 Speaker 7: So? 1003 00:47:49,760 --> 00:47:53,080 Speaker 21: Last year we did review and itill teach education, and 1004 00:47:53,120 --> 00:47:55,080 Speaker 21: we did express concern because we had two thirds of 1005 00:47:55,120 --> 00:47:57,840 Speaker 21: principles saying that new teachers are unprepared and a quarter 1006 00:47:57,880 --> 00:48:00,680 Speaker 21: of new teachers saying that their training wasn't effect So 1007 00:48:00,760 --> 00:48:04,400 Speaker 21: we did recommend strengthening teacher education and reducing the variation. 1008 00:48:04,680 --> 00:48:07,400 Speaker 21: And it particularly we found that more time practicing in 1009 00:48:07,440 --> 00:48:10,440 Speaker 21: the classroom was really important to be prepared to teach. 1010 00:48:10,239 --> 00:48:10,920 Speaker 19: In the classroom. 1011 00:48:11,040 --> 00:48:13,040 Speaker 2: Yeah, what I can't work out is why that wasn't 1012 00:48:13,040 --> 00:48:16,080 Speaker 2: worked out previously. Why wouldn't being in the classroom be 1013 00:48:16,160 --> 00:48:17,920 Speaker 2: one of the most important things you can do, as 1014 00:48:17,960 --> 00:48:20,839 Speaker 2: opposed to sitting around and theorizing until you actually get 1015 00:48:20,880 --> 00:48:21,760 Speaker 2: to do the job proper. 1016 00:48:22,840 --> 00:48:25,160 Speaker 21: So teachers have always done sometime in the classroom, but 1017 00:48:25,200 --> 00:48:27,839 Speaker 21: the increasing evidence shows them more the better and it's 1018 00:48:27,880 --> 00:48:30,000 Speaker 21: really important to work closely with those principles who really 1019 00:48:30,040 --> 00:48:32,080 Speaker 21: know what kind of new teachers they need, So having 1020 00:48:32,080 --> 00:48:34,000 Speaker 21: them a strong sen is really important too. 1021 00:48:34,280 --> 00:48:36,360 Speaker 2: Do you think what they're doing in the classroom by 1022 00:48:36,400 --> 00:48:38,120 Speaker 2: way of training now is fix that problem. 1023 00:48:39,280 --> 00:48:41,759 Speaker 21: We definitely know that in the classroom makes it a 1024 00:48:41,800 --> 00:48:44,560 Speaker 21: big difference, but we've got further to go to strengthen it. 1025 00:48:44,840 --> 00:48:47,320 Speaker 21: What's really important is that our new teachers are prepared 1026 00:48:47,320 --> 00:48:49,560 Speaker 21: that they don't arise feeling it's hard to do what's 1027 00:48:49,600 --> 00:48:51,239 Speaker 21: such a critical and important job. 1028 00:48:51,360 --> 00:48:54,400 Speaker 2: And the fifty four percent who aren't confident in you 1029 00:48:54,640 --> 00:48:57,080 Speaker 2: basically how to teach all the subjects that they teach, 1030 00:48:57,560 --> 00:49:00,400 Speaker 2: is that what is being taught to them as they 1031 00:49:00,480 --> 00:49:01,080 Speaker 2: an issue or not. 1032 00:49:02,280 --> 00:49:03,959 Speaker 21: We've got to look again at how we make sure 1033 00:49:04,000 --> 00:49:07,040 Speaker 21: that new teachers are confident it's such an important job. 1034 00:49:07,160 --> 00:49:10,680 Speaker 21: We found that new teachers are motivated, passionate about kids, 1035 00:49:10,840 --> 00:49:13,319 Speaker 21: passionate about getting that outcome. So let's make sure we've 1036 00:49:13,320 --> 00:49:14,880 Speaker 21: got the skills for them so they can get the 1037 00:49:14,960 --> 00:49:15,359 Speaker 21: job done. 1038 00:49:15,520 --> 00:49:17,960 Speaker 2: All right, Appreciate your time. Ris Shanida, who's at the ERA. 1039 00:49:18,520 --> 00:49:23,000 Speaker 2: Just the OECD report, sixty two percent of graduate teachers 1040 00:49:23,040 --> 00:49:28,440 Speaker 2: not confident in teaching content seems extraordinary fifty four percent. 1041 00:49:28,440 --> 00:49:31,640 Speaker 2: We're not confident in how they teach in all the 1042 00:49:31,640 --> 00:49:34,640 Speaker 2: subjects they teach. So I wonder if there's something in 1043 00:49:34,680 --> 00:49:36,360 Speaker 2: there and the quality of people they're picking up in 1044 00:49:36,360 --> 00:49:40,279 Speaker 2: the first place. Nineteen minutes away from eights like unbelievable 1045 00:49:40,320 --> 00:49:42,719 Speaker 2: that this driver license wrought continued longer than a week. 1046 00:49:43,120 --> 00:49:45,000 Speaker 2: If it was your son or daughter asking me for 1047 00:49:45,080 --> 00:49:47,000 Speaker 2: cash to pass, wouldn't they tell someone, Well, it depends 1048 00:49:47,040 --> 00:49:50,440 Speaker 2: how much they're askble. I mean, if it was a bargain, 1049 00:49:51,960 --> 00:49:53,600 Speaker 2: or whether you felt like you're getting ripped off. I mean, 1050 00:49:53,600 --> 00:49:55,040 Speaker 2: if the guys did, look, give me two hundred and 1051 00:49:55,040 --> 00:49:56,759 Speaker 2: you've got to pass as opposed to like twenty five 1052 00:49:56,800 --> 00:50:00,640 Speaker 2: twenty five keeping on the dealer rip off when you 1053 00:50:00,760 --> 00:50:04,080 Speaker 2: I'm joking, One New Zealand. What else could they do 1054 00:50:04,120 --> 00:50:08,600 Speaker 2: with carcier O'Connor. Didn't she turn out to be a 1055 00:50:08,600 --> 00:50:12,000 Speaker 2: piece of work? So unless she's employed, I guess, because 1056 00:50:12,000 --> 00:50:14,400 Speaker 2: most most people are going all right for a loving 1057 00:50:14,520 --> 00:50:16,080 Speaker 2: I bet you nana them I got a job, Well 1058 00:50:16,160 --> 00:50:19,040 Speaker 2: she has. She's an actor. If that's a job, I'm kidding, 1059 00:50:19,560 --> 00:50:22,680 Speaker 2: One New Zealand. So they had what else could they 1060 00:50:22,719 --> 00:50:24,400 Speaker 2: do yesterday? So she turns out to be in the 1061 00:50:24,440 --> 00:50:26,160 Speaker 2: ad and they pulled it and it doesn't align with 1062 00:50:26,200 --> 00:50:28,200 Speaker 2: their values and all that sort of stuff. So not 1063 00:50:28,239 --> 00:50:30,359 Speaker 2: that that makes any difference, because the problem is, of course, 1064 00:50:30,360 --> 00:50:31,799 Speaker 2: you get paid when you film the ad. You get 1065 00:50:31,800 --> 00:50:33,640 Speaker 2: paid for the ad, unless she's done a deal on 1066 00:50:33,680 --> 00:50:35,680 Speaker 2: the back end, which I doubt she has. So once 1067 00:50:35,719 --> 00:50:37,080 Speaker 2: you've done the ad, you get paid for the ad. 1068 00:50:37,080 --> 00:50:38,680 Speaker 2: The fact you no longer in the ad sort of 1069 00:50:38,719 --> 00:50:41,200 Speaker 2: doesn't really matter anymore, does it. I wouldn't have thought, 1070 00:50:41,200 --> 00:50:43,440 Speaker 2: but what are shambles this has turned out to be? 1071 00:50:43,480 --> 00:50:45,600 Speaker 2: I got so depressed yesterday. I gotta be honest about 1072 00:50:45,600 --> 00:50:48,200 Speaker 2: this by the time I'd seen a carsier and then 1073 00:50:48,200 --> 00:50:50,760 Speaker 2: I saw Chloe yet again. Why is Chloe being blamed 1074 00:50:50,760 --> 00:50:54,200 Speaker 2: more than Marrima? Why is marrim Is there the whole time? 1075 00:50:54,560 --> 00:50:57,880 Speaker 2: But she was standing next to Chloe at the presser, well, 1076 00:50:57,920 --> 00:51:00,160 Speaker 2: so it was Marrima. Marrima was there as well. There 1077 00:51:00,200 --> 00:51:04,719 Speaker 2: are donkey deep in this as each other. I just 1078 00:51:04,800 --> 00:51:06,600 Speaker 2: long for the good old days? Does that make me 1079 00:51:06,640 --> 00:51:09,000 Speaker 2: sound old? I mean? And speaking of old, I watched 1080 00:51:09,080 --> 00:51:10,719 Speaker 2: Winston turn up and this I don't want to turn 1081 00:51:10,760 --> 00:51:14,319 Speaker 2: this into an age thing. But the guy's eighty, and 1082 00:51:14,600 --> 00:51:17,759 Speaker 2: it's not acceptable to attack anybody's house, far less a 1083 00:51:17,800 --> 00:51:20,480 Speaker 2: public figure's house, but far less a public figure who's eighty. 1084 00:51:20,920 --> 00:51:22,520 Speaker 2: And he's got his partner at home, and she's got 1085 00:51:22,520 --> 00:51:24,319 Speaker 2: a friend at home as well, and the poor old dog. 1086 00:51:25,200 --> 00:51:27,560 Speaker 2: And you just got these pricks who are going around 1087 00:51:27,600 --> 00:51:31,520 Speaker 2: causing any amount of damage. And then Chloe to her, 1088 00:51:32,400 --> 00:51:36,280 Speaker 2: I just I don't. She's still defending it. She's still 1089 00:51:36,320 --> 00:51:40,760 Speaker 2: defending it instead of just maya culpering and going, look, 1090 00:51:40,840 --> 00:51:44,480 Speaker 2: this is a cluster, and I'm sorry. We shouldn't be 1091 00:51:44,520 --> 00:51:47,120 Speaker 2: involved in this. We are better than this. We want 1092 00:51:47,120 --> 00:51:49,839 Speaker 2: to be about the environment. All we are about these 1093 00:51:49,920 --> 00:51:53,440 Speaker 2: days is war, Palestine, Gaza flotilla's and all the other crap. 1094 00:51:53,920 --> 00:51:56,280 Speaker 2: And David Seymour is watching him on the tiles. Yesterday 1095 00:51:56,280 --> 00:51:57,759 Speaker 2: he puts out a very good thing. The Act Party 1096 00:51:57,800 --> 00:52:00,279 Speaker 2: put out a very good thing whereby they play their 1097 00:52:00,360 --> 00:52:03,920 Speaker 2: whole interaction with the press, and David seam Will summed 1098 00:52:03,920 --> 00:52:06,120 Speaker 2: it up perfectly when he said New Zealand is just 1099 00:52:06,520 --> 00:52:10,040 Speaker 2: sick and tired of these people, and we are we 1100 00:52:10,160 --> 00:52:13,960 Speaker 2: are sick and tired of you be better and the 1101 00:52:14,000 --> 00:52:16,359 Speaker 2: problem with it is is we can't do anything about 1102 00:52:16,360 --> 00:52:18,359 Speaker 2: it because there are representatives and there are some people 1103 00:52:18,400 --> 00:52:21,120 Speaker 2: who actually voted for them, and hence the malaise and 1104 00:52:21,200 --> 00:52:24,400 Speaker 2: the country and hence my depression and hence me sitting 1105 00:52:24,440 --> 00:52:27,200 Speaker 2: here now. It's seventeen minutes away from eight, flailing away 1106 00:52:27,280 --> 00:52:31,600 Speaker 2: and frustration and throwing to the ad break. 1107 00:52:33,880 --> 00:52:38,400 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered 1108 00:52:38,400 --> 00:52:39,440 Speaker 1: by News Talks at. 1109 00:52:39,320 --> 00:52:43,120 Speaker 2: Be My teaching is more like a trade. Historically they 1110 00:52:43,160 --> 00:52:45,759 Speaker 2: went to teachers training college, no longer university trained. This 1111 00:52:45,840 --> 00:52:47,799 Speaker 2: issue there that could be that's an old argument. It 1112 00:52:47,800 --> 00:52:50,800 Speaker 2: does make it an invalid argument, but that's an ongoing 1113 00:52:50,800 --> 00:52:53,520 Speaker 2: sort of argument. Mike, I just can't have I'm from 1114 00:52:53,640 --> 00:52:56,240 Speaker 2: experience having five kids, having gone through the education system 1115 00:52:56,280 --> 00:52:59,560 Speaker 2: of late. You've got to look to see the quality 1116 00:52:59,560 --> 00:53:02,480 Speaker 2: of teachers overall is not what it was. There are 1117 00:53:02,480 --> 00:53:04,719 Speaker 2: still some brilliant ones about, obviously, and we should pay 1118 00:53:04,719 --> 00:53:06,840 Speaker 2: them more, but that's not the way the unions like it. 1119 00:53:06,880 --> 00:53:10,200 Speaker 2: But nevertheless, at the bottom end, you really are thinking, 1120 00:53:10,360 --> 00:53:12,560 Speaker 2: how is it you got through and if you did 1121 00:53:12,640 --> 00:53:16,480 Speaker 2: get through, standards slip badly. Mike. My stepdaughter is an 1122 00:53:16,560 --> 00:53:19,279 Speaker 2: art teacher at high school near Wellington told she was 1123 00:53:19,320 --> 00:53:21,680 Speaker 2: to teach social studies, which she's never done before, and 1124 00:53:21,760 --> 00:53:24,920 Speaker 2: fashion with no textbooks or material, setting teachers up for 1125 00:53:24,920 --> 00:53:27,920 Speaker 2: stress and failure could be something in that theory versus reality. 1126 00:53:27,960 --> 00:53:29,680 Speaker 2: I mean, it's one of the weirdest things. Having a 1127 00:53:29,920 --> 00:53:32,680 Speaker 2: daughter just about to graduate from medical school. The amount 1128 00:53:32,760 --> 00:53:36,200 Speaker 2: of time they spend in hospital, on the ward, in 1129 00:53:36,239 --> 00:53:40,320 Speaker 2: the department doing the medicine. They spend more time actually 1130 00:53:40,360 --> 00:53:43,200 Speaker 2: doing medicine than they do thinking about it in a classroom. 1131 00:53:43,239 --> 00:53:45,160 Speaker 2: And I thought that was the norm until they, as 1132 00:53:45,239 --> 00:53:47,520 Speaker 2: Ruth Shinoda said a couple of months ago, this business 1133 00:53:47,520 --> 00:53:50,200 Speaker 2: of being a teacher, apparently you sit in some laboratory 1134 00:53:50,200 --> 00:53:52,920 Speaker 2: somewhere in a corner theorizing about it until you pop 1135 00:53:52,960 --> 00:53:54,440 Speaker 2: out into a classroom. They say, go to it and 1136 00:53:54,520 --> 00:53:56,520 Speaker 2: join the real world. It's the weirdest thing. And then 1137 00:53:56,560 --> 00:53:58,600 Speaker 2: they thought that suddenly putting people in the a classroom 1138 00:53:58,640 --> 00:54:01,040 Speaker 2: might be a good idea, as though that's a revelation. 1139 00:54:01,320 --> 00:54:03,799 Speaker 2: Brief thing on Winston I mentioned a moment ago. What 1140 00:54:03,880 --> 00:54:06,480 Speaker 2: he should be congratulated on is a speech yesterday two 1141 00:54:06,520 --> 00:54:10,040 Speaker 2: years since, and he talked about refocusing our foreign policy, 1142 00:54:10,080 --> 00:54:14,120 Speaker 2: which I thought was good on him, refocused to what, Well, 1143 00:54:14,160 --> 00:54:17,080 Speaker 2: how about our backyard? How about the Pacific? How about 1144 00:54:17,080 --> 00:54:20,200 Speaker 2: the Chinese influence? How about focusing on something that we 1145 00:54:20,239 --> 00:54:23,239 Speaker 2: can actually influence. And here's the cold hard reality of 1146 00:54:23,280 --> 00:54:27,399 Speaker 2: foreign relations. We affect the Pacific, why because we've got 1147 00:54:27,400 --> 00:54:29,960 Speaker 2: a checkbook in the Pacific. Foreign relations is really I mean, 1148 00:54:30,000 --> 00:54:31,560 Speaker 2: it'd be nice to think it wasn't, but it is. 1149 00:54:31,880 --> 00:54:34,640 Speaker 2: It's really about the checkbook. It's about the money influences 1150 00:54:34,680 --> 00:54:36,919 Speaker 2: money and money is influence. And so when you give 1151 00:54:37,120 --> 00:54:40,759 Speaker 2: millions of dollars of AAD to the Pacific nations, you 1152 00:54:40,840 --> 00:54:42,759 Speaker 2: have some influence over them, which is why we have 1153 00:54:43,160 --> 00:54:46,479 Speaker 2: zero influence on Israel or Gaza or the Middle East 1154 00:54:46,520 --> 00:54:49,200 Speaker 2: and never have and never will. And it's all hot 1155 00:54:49,200 --> 00:54:51,400 Speaker 2: air and we're wasting our time. And for all the 1156 00:54:51,440 --> 00:54:53,920 Speaker 2: people who think that we should recognize palestein they did 1157 00:54:54,000 --> 00:54:56,200 Speaker 2: last week, didn't they? Stamer did, and Carne did and 1158 00:54:56,280 --> 00:54:59,359 Speaker 2: Macron did. And so what's changed? What's different? Nothing? So 1159 00:54:59,480 --> 00:55:01,640 Speaker 2: us doing was never going to change anything. So it 1160 00:55:01,680 --> 00:55:04,040 Speaker 2: probably if you want to look at bang for buck 1161 00:55:04,320 --> 00:55:07,759 Speaker 2: energy and energy out, probably better off focusing in an 1162 00:55:07,800 --> 00:55:10,480 Speaker 2: area of the world i e. The Pacific where we 1163 00:55:10,560 --> 00:55:13,640 Speaker 2: can actually make a difference. Turn away from it. 1164 00:55:14,480 --> 00:55:18,080 Speaker 1: The Mic Hosking breakfast with Bailey's Real Estate News togs. 1165 00:55:18,120 --> 00:55:20,680 Speaker 2: They'd then away from a fascinating insight into this food 1166 00:55:20,719 --> 00:55:22,600 Speaker 2: shopping of our So we spend an average already for this, 1167 00:55:22,680 --> 00:55:25,239 Speaker 2: We spend an average two hundred and forty dollars a 1168 00:55:25,280 --> 00:55:27,040 Speaker 2: week per household. Now what does that mean, Well, it's 1169 00:55:27,040 --> 00:55:30,319 Speaker 2: only two dollars more then we spent two years ago. 1170 00:55:30,400 --> 00:55:32,280 Speaker 2: So think about food inflation and think about that number. 1171 00:55:32,440 --> 00:55:34,600 Speaker 2: Thirty one percent of US aren't buying as many groceries, 1172 00:55:34,640 --> 00:55:36,840 Speaker 2: forty eight percent of downgrading on brands, thirty percent of 1173 00:55:36,880 --> 00:55:39,120 Speaker 2: us look for specials now. Blake Holgate is Rather Bank's 1174 00:55:39,120 --> 00:55:41,680 Speaker 2: head of Sustainable Business Development as well as Blake Morning 1175 00:55:42,880 --> 00:55:45,160 Speaker 2: of Mike. How robust are these numbers? I mean, are 1176 00:55:45,160 --> 00:55:47,480 Speaker 2: you confident these are rock solid? You know? This is 1177 00:55:47,520 --> 00:55:50,240 Speaker 2: the reality of things or just perceptions? 1178 00:55:50,600 --> 00:55:54,600 Speaker 14: Look, it's a survey where we ask their participants their 1179 00:55:54,600 --> 00:55:57,480 Speaker 14: perception a lot this meaning mic, So it is perception. 1180 00:55:57,719 --> 00:56:00,840 Speaker 14: But I will highlight that this is a regular survey 1181 00:56:01,120 --> 00:56:04,759 Speaker 14: that we run and the methodology has remained constant over 1182 00:56:04,800 --> 00:56:07,759 Speaker 14: that time. So it's the relative change that we can 1183 00:56:07,800 --> 00:56:08,760 Speaker 14: see through those numbers. 1184 00:56:08,800 --> 00:56:10,640 Speaker 2: Do you see Are you surprised by the numbers? 1185 00:56:13,000 --> 00:56:18,000 Speaker 14: I'm not surprised in the sense that we know people 1186 00:56:18,040 --> 00:56:21,200 Speaker 14: are Wage inflation hasn't hasn't gone up at the same 1187 00:56:21,239 --> 00:56:23,279 Speaker 14: rate that food food inflation has gone up with so 1188 00:56:23,400 --> 00:56:25,960 Speaker 14: people have had to make cuts or make choices to 1189 00:56:25,960 --> 00:56:28,479 Speaker 14: accommodate it. So I think that's sectively what we're seeing 1190 00:56:28,480 --> 00:56:29,080 Speaker 14: coming through these. 1191 00:56:29,000 --> 00:56:31,200 Speaker 2: Numbers, because what we know about food inflation is it's 1192 00:56:31,200 --> 00:56:32,680 Speaker 2: gone up a lot more than two dollars in the 1193 00:56:32,719 --> 00:56:35,880 Speaker 2: last two years, and so and I also know that 1194 00:56:35,920 --> 00:56:38,280 Speaker 2: people are traveling and they go to Europe over summer 1195 00:56:38,600 --> 00:56:41,520 Speaker 2: and Fiji in winter, and so we've got this two 1196 00:56:41,560 --> 00:56:44,640 Speaker 2: speed economy I'm assuming, aren't we or haven't we? 1197 00:56:46,120 --> 00:56:46,359 Speaker 6: Yeah? 1198 00:56:46,560 --> 00:56:49,359 Speaker 14: And I mean what we're dealing in here is an average, right, 1199 00:56:49,400 --> 00:56:53,200 Speaker 14: So this isn't going to show those two different groups 1200 00:56:53,560 --> 00:56:56,680 Speaker 14: or segments, but it does show across the thaire economy, 1201 00:56:56,719 --> 00:57:00,759 Speaker 14: across the entire country, people aren't spending reletively as much 1202 00:57:00,800 --> 00:57:02,640 Speaker 14: on food as they did two years ago. 1203 00:57:03,200 --> 00:57:05,960 Speaker 2: Because they've done grade. Don't see the thirty here's what's surprised. 1204 00:57:05,960 --> 00:57:07,719 Speaker 2: But the thirty percent you look for specials. I would 1205 00:57:07,719 --> 00:57:10,040 Speaker 2: have thought we all look for specials, don't we. I mean, 1206 00:57:10,040 --> 00:57:11,600 Speaker 2: you're looking at you're wandering down the aisle. Why are 1207 00:57:11,600 --> 00:57:13,200 Speaker 2: you looking for a special? Why would you buy something 1208 00:57:13,280 --> 00:57:14,840 Speaker 2: more expensively than you can buy cheaper? 1209 00:57:15,960 --> 00:57:16,160 Speaker 15: Yeah? 1210 00:57:16,200 --> 00:57:17,919 Speaker 14: I think. I think what the survey's showing is people 1211 00:57:17,960 --> 00:57:23,920 Speaker 14: are more consciously or actively looking for promos or specials, 1212 00:57:23,960 --> 00:57:25,640 Speaker 14: and I am more conscious of it than they were 1213 00:57:25,640 --> 00:57:26,280 Speaker 14: two years ago. 1214 00:57:26,640 --> 00:57:30,160 Speaker 2: Would this apply to you personally and your circumstances. Do 1215 00:57:30,240 --> 00:57:33,080 Speaker 2: you buy fewer groceries, for example? 1216 00:57:34,720 --> 00:57:37,600 Speaker 14: I would certainly take all those three boxes around, buying 1217 00:57:37,640 --> 00:57:41,960 Speaker 14: less groceries, more actively looking for specials, and downgrading brands 1218 00:57:41,960 --> 00:57:44,880 Speaker 14: and products that I'm spending on. 1219 00:57:45,240 --> 00:57:48,360 Speaker 2: And if these figures were robust in terms of it's 1220 00:57:48,640 --> 00:57:51,120 Speaker 2: not just perception, it's actual dollars, then that would show up, 1221 00:57:51,120 --> 00:57:53,200 Speaker 2: presumably in the bottom line of the supermarkets, and they 1222 00:57:53,240 --> 00:57:55,800 Speaker 2: would see that they're not actually earning any more money 1223 00:57:55,840 --> 00:57:57,440 Speaker 2: because people aren't spending any more money. 1224 00:57:57,480 --> 00:58:02,240 Speaker 14: Presumably presumably might it's hard to look through and exactly 1225 00:58:02,480 --> 00:58:06,080 Speaker 14: the margins and who's getting squeezed down the line. So 1226 00:58:06,160 --> 00:58:08,680 Speaker 14: some of the supplies that are feeding into those supermarkets, 1227 00:58:08,840 --> 00:58:11,400 Speaker 14: I'm sure that's flung right down through the supply chain, 1228 00:58:11,560 --> 00:58:13,720 Speaker 14: so it's probably not all just landing at the supermarket. 1229 00:58:13,920 --> 00:58:15,520 Speaker 14: I think we would see the effect that flows right 1230 00:58:15,560 --> 00:58:17,840 Speaker 14: down the supply chain, and those supplies at are plant 1231 00:58:18,520 --> 00:58:19,920 Speaker 14: feeding into those super markets. 1232 00:58:19,960 --> 00:58:22,120 Speaker 2: And what is this in your wheelhouse? What's the average household? 1233 00:58:22,120 --> 00:58:22,960 Speaker 2: How many people in it? 1234 00:58:26,560 --> 00:58:31,520 Speaker 14: This was simply done across fifteen hundred respondents. We didn't 1235 00:58:31,600 --> 00:58:33,960 Speaker 14: get to the specifics of how many were in each household. 1236 00:58:34,480 --> 00:58:36,320 Speaker 14: It's simply just an average across those. 1237 00:58:36,240 --> 00:58:38,240 Speaker 2: We'vecause two forty sounds like not a lot of money 1238 00:58:38,240 --> 00:58:40,560 Speaker 2: for a family of four, for example. Sounds possibly okay 1239 00:58:40,560 --> 00:58:42,120 Speaker 2: for one or two people, but not for a family 1240 00:58:42,160 --> 00:58:43,280 Speaker 2: of four or six or whatever. 1241 00:58:44,320 --> 00:58:46,160 Speaker 14: Yeah, and look, and to be honest, we've been running 1242 00:58:46,160 --> 00:58:50,040 Speaker 14: the survey for about four or five years now and 1243 00:58:50,240 --> 00:58:53,360 Speaker 14: we're always surprised at how low that number is across 1244 00:58:53,360 --> 00:58:56,320 Speaker 14: the household. And that's total spend, not just a supermarket. 1245 00:58:56,640 --> 00:58:58,640 Speaker 14: That's total spend on allo. 1246 00:58:59,000 --> 00:59:01,600 Speaker 2: Oh no, you've give me almost give me a heart 1247 00:59:01,600 --> 00:59:03,640 Speaker 2: attack now. So you're telling me that's on all foods. 1248 00:59:03,640 --> 00:59:06,959 Speaker 2: So that's KFC and Mackers and everything. Yeah, correct, moment, 1249 00:59:07,040 --> 00:59:11,680 Speaker 2: Oh my god, I don't know whether to be depressed 1250 00:59:11,760 --> 00:59:14,919 Speaker 2: or not, Blake, I think I'm depressed. You can't buy 1251 00:59:14,960 --> 00:59:16,480 Speaker 2: much for two hundred and forty dollars, is what I'm 1252 00:59:16,520 --> 00:59:20,640 Speaker 2: telling you. You would know that I know that, Yes. 1253 00:59:20,480 --> 00:59:22,880 Speaker 14: And then as we say again, that's that's why in 1254 00:59:22,920 --> 00:59:25,240 Speaker 14: our households are starting to make some of those hard 1255 00:59:25,280 --> 00:59:26,800 Speaker 14: choices around their practical decisions. 1256 00:59:26,960 --> 00:59:30,080 Speaker 2: Okay, nice to talk to you. Appreciate it, Blake, holgame, 1257 00:59:30,880 --> 00:59:32,560 Speaker 2: I was I was going to go. Ah, everyone's at 1258 00:59:32,600 --> 00:59:38,680 Speaker 2: maccers includes mackets. Well, even got to pop Eye chicken. Yet, 1259 00:59:38,680 --> 00:59:44,200 Speaker 2: for goodness sake, Ginny and Mark, after eight, what should 1260 00:59:44,240 --> 00:59:45,720 Speaker 2: we start with? Hard to know what to start with 1261 00:59:45,760 --> 00:59:47,320 Speaker 2: at the moment, There's so much going on in the 1262 00:59:47,360 --> 00:59:49,400 Speaker 2: world of politics. At the moment. House was back yesterday 1263 00:59:49,440 --> 00:59:51,840 Speaker 2: a bit angsty. The old question time is stayed a 1264 00:59:51,840 --> 00:59:54,720 Speaker 2: little bit angsty. Jerry was working hard, but anyway, politics 1265 00:59:54,720 --> 00:59:56,240 Speaker 2: went to stay. Next the news. 1266 00:59:56,000 --> 00:59:56,600 Speaker 7: Talks pe. 1267 01:00:00,000 --> 01:00:04,080 Speaker 1: Asking the questions others won't the mic asking breakfast with 1268 01:00:04,280 --> 01:00:07,800 Speaker 1: Bailey's real estate, finding the buyers. Others can't use togs 1269 01:00:07,800 --> 01:00:08,080 Speaker 1: dead b. 1270 01:00:11,480 --> 01:00:15,880 Speaker 8: Better luck to luded baby and keep my other baby too. 1271 01:00:18,760 --> 01:00:20,760 Speaker 13: I'd like to put my arms around. 1272 01:00:22,080 --> 01:00:24,320 Speaker 2: That's all I want to do. I'd have to think 1273 01:00:24,320 --> 01:00:28,880 Speaker 2: pretty hard about this because these are early recordings. They're 1274 01:00:28,920 --> 01:00:31,200 Speaker 2: not good. Somebody could you can tell them how much 1275 01:00:31,280 --> 01:00:34,240 Speaker 2: the quality has changed over, isn't he? These are early 1276 01:00:34,320 --> 01:00:40,320 Speaker 2: recordings and it's a youngish Waylon Jennings, his son Shooter 1277 01:00:41,480 --> 01:00:43,960 Speaker 2: good name, really okay. 1278 01:00:43,960 --> 01:00:46,080 Speaker 13: In this not in this particular time, I don't think 1279 01:00:46,160 --> 01:00:46,680 Speaker 13: in the South. 1280 01:00:46,720 --> 01:00:49,240 Speaker 2: Well, yeah, but he was obviously wasn't named Shooter in 1281 01:00:49,320 --> 01:00:50,200 Speaker 2: this particular time. 1282 01:00:50,280 --> 01:00:50,320 Speaker 12: Was. 1283 01:00:50,600 --> 01:00:52,120 Speaker 13: I'm saying some things don't age very well. 1284 01:00:52,760 --> 01:00:56,360 Speaker 2: So Shooter Jennings, his son, went looking for his dad's 1285 01:00:56,480 --> 01:01:00,919 Speaker 2: archive of unreleased recording sessions from the late seventies time, 1286 01:01:01,040 --> 01:01:04,040 Speaker 2: and this is a project. There's going to be three albums. 1287 01:01:04,080 --> 01:01:09,200 Speaker 2: They think this one's got ten songs. This is when 1288 01:01:09,200 --> 01:01:11,640 Speaker 2: he was with the Whalers. Walon Jennings and the Whalers. 1289 01:01:12,480 --> 01:01:15,080 Speaker 2: Nine of the ten tracks are covers. I think that's 1290 01:01:15,080 --> 01:01:18,000 Speaker 2: probably a mistake. I would have gone some originals. I 1291 01:01:18,000 --> 01:01:19,880 Speaker 2: would have mixed them up. Also, if I was doing 1292 01:01:19,960 --> 01:01:23,080 Speaker 2: three albums from my dad's music, i'd go with a theme. 1293 01:01:23,600 --> 01:01:25,960 Speaker 2: I'd go with a period of time or sort of 1294 01:01:26,040 --> 01:01:28,400 Speaker 2: song or whatever the case may be. But I'm not Shooter. 1295 01:01:28,600 --> 01:01:32,080 Speaker 13: I'm Mike was Whalon Jennings. Is Whaler's different to Bob 1296 01:01:32,120 --> 01:01:33,680 Speaker 13: Marley's Whalers. 1297 01:01:33,160 --> 01:01:36,160 Speaker 2: Very much, sir, It's not and spelt differently as well. 1298 01:01:36,720 --> 01:01:40,440 Speaker 2: Ten ten tracks and thirty minutes and thirty seven seconds 1299 01:01:40,520 --> 01:01:45,120 Speaker 2: of Whalon Jennings. The albums called Songbird, he as amen 1300 01:01:45,160 --> 01:01:47,560 Speaker 2: as past the Time. Now for politics Wednesday, Mark Mitchell, 1301 01:01:47,600 --> 01:01:49,960 Speaker 2: Jenny Anderson both Weather. It's good morning to you both. 1302 01:01:50,800 --> 01:01:52,040 Speaker 7: Good morning Mike, morning. 1303 01:01:51,880 --> 01:01:57,320 Speaker 2: Jenny, Good morning Jenny. Yes, where this morning is? 1304 01:01:57,400 --> 01:01:57,640 Speaker 7: Mark? 1305 01:01:59,120 --> 01:02:02,880 Speaker 12: I was gonna ask if it was the Lulu Lounge, 1306 01:02:02,960 --> 01:02:04,640 Speaker 12: but I think that's not right. 1307 01:02:05,200 --> 01:02:10,480 Speaker 2: No obs, He's not at the Lulu Lounge. Where are 1308 01:02:10,480 --> 01:02:11,080 Speaker 2: you this morning? 1309 01:02:11,120 --> 01:02:11,360 Speaker 18: Mark? 1310 01:02:12,760 --> 01:02:15,800 Speaker 22: I am being very well looked after by the amazing 1311 01:02:15,840 --> 01:02:18,200 Speaker 22: staff here at Wellington Hospital. 1312 01:02:19,160 --> 01:02:20,160 Speaker 2: So you're in hospital? 1313 01:02:21,480 --> 01:02:22,760 Speaker 7: Yes, it's no state secret. 1314 01:02:22,840 --> 01:02:25,200 Speaker 22: Yes, I might just here for a few days, having 1315 01:02:25,240 --> 01:02:26,880 Speaker 22: a big dose of some anie bolets. 1316 01:02:26,880 --> 01:02:27,920 Speaker 7: I've hit a chest in fiction. 1317 01:02:28,000 --> 01:02:35,200 Speaker 12: That's I hope you feel better soon. 1318 01:02:35,720 --> 01:02:35,800 Speaker 13: You. 1319 01:02:35,960 --> 01:02:37,720 Speaker 2: I got to say, you sound a bit croaky, Mark, 1320 01:02:37,760 --> 01:02:38,680 Speaker 2: you sound a bit sort. 1321 01:02:38,480 --> 01:02:44,240 Speaker 7: Of intantly finally beck on my feet in a couple 1322 01:02:44,240 --> 01:02:44,600 Speaker 7: of days. 1323 01:02:44,760 --> 01:02:47,600 Speaker 2: Okay, So are you up for the session? I mean, 1324 01:02:47,680 --> 01:02:49,560 Speaker 2: you know, Jenny. 1325 01:02:50,800 --> 01:02:55,800 Speaker 7: Starts going nice, it will be more even, It'll be 1326 01:02:55,880 --> 01:02:56,320 Speaker 7: more even. 1327 01:02:56,440 --> 01:03:00,480 Speaker 2: Okay, still got a sense of competition going on as 1328 01:03:00,480 --> 01:03:03,040 Speaker 2: far as Job Seeker, Jinny, the announcement's made on Job 1329 01:03:03,080 --> 01:03:05,440 Speaker 2: Seeker for the eighteen to nineteen year olds without making policy, 1330 01:03:05,440 --> 01:03:08,440 Speaker 2: because no, I get all that as an idea if 1331 01:03:08,480 --> 01:03:10,640 Speaker 2: fair enough, or you'd flip it back, do you reckon? 1332 01:03:12,160 --> 01:03:15,280 Speaker 12: Well, I'm not going to just come out and say 1333 01:03:15,280 --> 01:03:18,720 Speaker 12: we'll reverse eccess silly. But the problem is these thirty 1334 01:03:18,840 --> 01:03:22,840 Speaker 12: six thousand fewer jobs, So where are the jobs. So 1335 01:03:23,120 --> 01:03:25,640 Speaker 12: it's great that when to incentivize them and they're encouraging 1336 01:03:25,640 --> 01:03:28,640 Speaker 12: people to work, but if there's two hundred people a 1337 01:03:28,720 --> 01:03:32,120 Speaker 12: day leaving for Australia, I think the problem they're trying 1338 01:03:32,160 --> 01:03:34,240 Speaker 12: to fix is needs to be employment for these young 1339 01:03:34,280 --> 01:03:37,400 Speaker 12: people to go to and so they've cut apprenticeship boosts, 1340 01:03:37,520 --> 01:03:41,640 Speaker 12: that increased fees for university and you can't employments at 1341 01:03:41,680 --> 01:03:45,520 Speaker 12: record rates. So that's the reality of the problem. So 1342 01:03:45,560 --> 01:03:49,480 Speaker 12: I can't see their answer actually fixing the problem that 1343 01:03:49,600 --> 01:03:50,240 Speaker 12: still exists. 1344 01:03:50,360 --> 01:03:52,560 Speaker 2: Part of the problem, Mark, is you've timed it. I 1345 01:03:52,680 --> 01:03:54,800 Speaker 2: happen to think it's a good policy, but part of 1346 01:03:54,840 --> 01:03:57,800 Speaker 2: the timing is She's right. It comes at a tricky 1347 01:03:57,840 --> 01:03:59,600 Speaker 2: time in the economy, and you're asking a lot of 1348 01:03:59,640 --> 01:04:00,560 Speaker 2: young peopeople, aren't you. 1349 01:04:01,960 --> 01:04:02,160 Speaker 7: Yeah. 1350 01:04:02,240 --> 01:04:04,440 Speaker 22: I just think that young people are getting stuck on 1351 01:04:04,480 --> 01:04:07,440 Speaker 22: a benefit. I mean it's awful. The socialist model is 1352 01:04:07,480 --> 01:04:10,080 Speaker 22: having more people relied on the state, and that is 1353 01:04:10,080 --> 01:04:13,200 Speaker 22: an awful model because you know, they lose any sense 1354 01:04:13,240 --> 01:04:16,560 Speaker 22: of personal responsibility, any sense of aspiration, any sense of 1355 01:04:16,560 --> 01:04:19,800 Speaker 22: trying to go out there and seize opportunities. And and 1356 01:04:19,960 --> 01:04:23,240 Speaker 22: any young person that gets stuck on the job seeker 1357 01:04:23,280 --> 01:04:26,320 Speaker 22: benefit under twenty five on average is going to spend 1358 01:04:26,400 --> 01:04:28,680 Speaker 22: eighteen years or more on a benefit. 1359 01:04:28,800 --> 01:04:30,640 Speaker 7: So I mean that is a shocker. 1360 01:04:31,280 --> 01:04:33,080 Speaker 12: You know, well and good and I you know, we 1361 01:04:33,120 --> 01:04:35,600 Speaker 12: don't want that. I think nobody wants that for our 1362 01:04:35,640 --> 01:04:38,280 Speaker 12: young people. We want to provide a country where they 1363 01:04:38,320 --> 01:04:41,200 Speaker 12: have hope, they have opportunity, and they want to stay 1364 01:04:41,240 --> 01:04:43,280 Speaker 12: here and have those good things to look forward to. 1365 01:04:43,400 --> 01:04:46,400 Speaker 12: And we still don't see that. We've got a prime minister. 1366 01:04:46,920 --> 01:04:50,040 Speaker 7: Huge numbers on jobs. 1367 01:04:50,600 --> 01:04:52,440 Speaker 12: Let me finish, you've got a prime minister who's telling 1368 01:04:52,440 --> 01:04:54,760 Speaker 12: them to go to Dargaville and dig up a kumra. 1369 01:04:55,360 --> 01:04:57,880 Speaker 12: You know that's crazy, you know they need some real 1370 01:04:59,240 --> 01:04:59,840 Speaker 12: they're that's. 1371 01:04:59,640 --> 01:05:02,400 Speaker 22: The problem, and that's the problem with your view of 1372 01:05:02,440 --> 01:05:05,920 Speaker 22: the world is that when I know, when I was 1373 01:05:05,960 --> 01:05:09,320 Speaker 22: a young guy shepherding, I would take a job wherever 1374 01:05:09,360 --> 01:05:11,920 Speaker 22: it was. And when I didn't, when I was between jobs, 1375 01:05:11,920 --> 01:05:13,560 Speaker 22: when I was willing to go on the police, I 1376 01:05:13,600 --> 01:05:16,600 Speaker 22: went as a runner in a restaurant because my mum 1377 01:05:16,600 --> 01:05:18,280 Speaker 22: and dad taught me that I would go and find 1378 01:05:18,280 --> 01:05:19,240 Speaker 22: a job and I would work. 1379 01:05:19,480 --> 01:05:20,240 Speaker 2: An interesting point. 1380 01:05:21,160 --> 01:05:24,840 Speaker 22: But your editorde, Jenny, is that's that's beneath anyone. 1381 01:05:25,440 --> 01:05:28,160 Speaker 2: You know, I got. 1382 01:05:28,280 --> 01:05:30,080 Speaker 12: I got my first job when I when I was 1383 01:05:30,120 --> 01:05:30,800 Speaker 12: as soon as I could. 1384 01:05:31,080 --> 01:05:32,960 Speaker 7: You're just you're just pooping job. 1385 01:05:32,800 --> 01:05:35,640 Speaker 12: And I saved And I wasn't pooping that I was saying. 1386 01:05:35,640 --> 01:05:38,680 Speaker 12: These no shops available in the regions these areas are 1387 01:05:39,280 --> 01:05:40,320 Speaker 12: saying they don't you. 1388 01:05:40,360 --> 01:05:42,680 Speaker 22: Just use You just use the example of Prome, minister 1389 01:05:42,840 --> 01:05:44,840 Speaker 22: use and you're poop putting it and say why would 1390 01:05:44,840 --> 01:05:46,320 Speaker 22: a young person go to Targool to go. 1391 01:05:46,360 --> 01:05:48,600 Speaker 12: And because there's no jobs they mark that's the point 1392 01:05:49,200 --> 01:05:49,760 Speaker 12: that's not true. 1393 01:05:49,800 --> 01:05:52,000 Speaker 2: There are what you're saying that's correct, Jenny, is that 1394 01:05:52,040 --> 01:05:53,880 Speaker 2: the supply and demand curve is not working at the 1395 01:05:54,680 --> 01:05:56,080 Speaker 2: not everyone's going to end up in a job. But 1396 01:05:56,120 --> 01:05:58,040 Speaker 2: what I found interesting is what did the Prime Minister 1397 01:05:58,200 --> 01:06:00,760 Speaker 2: post cabinet on Monday there it seems to be a 1398 01:06:00,760 --> 01:06:02,920 Speaker 2: thing these days, because he was being asked about that 1399 01:06:03,000 --> 01:06:06,800 Speaker 2: moving town to find a job is somehow unacceptable. Do 1400 01:06:06,880 --> 01:06:08,200 Speaker 2: you find that unacceptable? 1401 01:06:09,080 --> 01:06:11,520 Speaker 12: Not at all? Like if people want to go somewhere, I. 1402 01:06:11,440 --> 01:06:13,360 Speaker 2: Don't know what if they don't know a different part 1403 01:06:13,400 --> 01:06:16,600 Speaker 2: of the question. If you have to move because that's life, 1404 01:06:16,920 --> 01:06:17,800 Speaker 2: is that acceptable? 1405 01:06:18,680 --> 01:06:20,840 Speaker 12: Many people have to do that? Yes, it's a reality. 1406 01:06:21,120 --> 01:06:23,400 Speaker 12: You were just talking about food prices and how much 1407 01:06:23,440 --> 01:06:26,880 Speaker 12: people spend on food. The reality for many Kiwi families 1408 01:06:27,160 --> 01:06:29,800 Speaker 12: they can't afford to live where they are now, so 1409 01:06:29,800 --> 01:06:32,400 Speaker 12: they're forced to go to other areas. If it means 1410 01:06:32,400 --> 01:06:34,280 Speaker 12: they can earn money and pay the rent and look 1411 01:06:34,320 --> 01:06:35,160 Speaker 12: after their family. 1412 01:06:35,000 --> 01:06:35,400 Speaker 2: Well that's good. 1413 01:06:35,440 --> 01:06:37,760 Speaker 12: Here it's the brutal reality of New Zealand right now. 1414 01:06:38,680 --> 01:06:40,560 Speaker 2: See, I would argue that that's not a bad thing. 1415 01:06:40,600 --> 01:06:42,360 Speaker 2: I mean, when I was sixteen I left home to 1416 01:06:42,400 --> 01:06:44,080 Speaker 2: go to Wellington, w go to we that's where the 1417 01:06:44,120 --> 01:06:45,840 Speaker 2: job was. I mean, I didn't think twice about it 1418 01:06:45,880 --> 01:06:47,600 Speaker 2: was what it was. It wasn't like, oh, my god, 1419 01:06:47,640 --> 01:06:49,280 Speaker 2: I'm leaving home to move to it, you know, and 1420 01:06:49,400 --> 01:06:50,240 Speaker 2: like it is what it is. 1421 01:06:51,040 --> 01:06:53,160 Speaker 12: I think what some of those areas have been saying, 1422 01:06:53,200 --> 01:06:55,720 Speaker 12: particularly in the regions, is they've been the hardest hit 1423 01:06:55,760 --> 01:06:57,800 Speaker 12: by some of the job losses. Why c cut all 1424 01:06:57,800 --> 01:07:00,560 Speaker 12: with closures of all those mills. You've had Nelson with 1425 01:07:00,600 --> 01:07:03,920 Speaker 12: about three closures. Now you've had big manufacturing losses and 1426 01:07:04,120 --> 01:07:07,560 Speaker 12: Plumouth around the Tartanuki area, and all those regions are 1427 01:07:07,720 --> 01:07:10,680 Speaker 12: struggling right now. So just telling people to move to 1428 01:07:10,720 --> 01:07:12,840 Speaker 12: the regions to find a job, do you understand what 1429 01:07:13,520 --> 01:07:14,680 Speaker 12: to the problem New Zealand. 1430 01:07:15,920 --> 01:07:17,960 Speaker 2: Mark, just take another shot of adrenaline. We'll come back 1431 01:07:18,000 --> 01:07:19,720 Speaker 2: with your aunt in the moment. Fourteen past eight. 1432 01:07:20,640 --> 01:07:25,240 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered 1433 01:07:25,240 --> 01:07:27,680 Speaker 1: by News Talks, Be Your Talks. 1434 01:07:27,920 --> 01:07:31,040 Speaker 2: Seventeen past eight, Politics, Wednesday, Jinny Anderson, Mark, you were saying. 1435 01:07:32,280 --> 01:07:34,400 Speaker 22: No, I was just saying, I don't think Ginny understands 1436 01:07:34,440 --> 01:07:37,360 Speaker 22: why the country is. The whole country is working hard 1437 01:07:37,840 --> 01:07:42,920 Speaker 22: to drive ourselves out of the the recession, the inflation 1438 01:07:43,000 --> 01:07:45,800 Speaker 22: that we obviously as a government, that we inherited high 1439 01:07:45,840 --> 01:07:48,600 Speaker 22: interest rates. The reason why we got there is because 1440 01:07:48,680 --> 01:07:52,480 Speaker 22: we had very poor energy policy settings that has created 1441 01:07:52,560 --> 01:07:57,800 Speaker 22: very high energy prices. We're currently having to pay about 1442 01:07:57,840 --> 01:08:02,120 Speaker 22: eleven billion dollars annually on the massive borings that were 1443 01:08:02,120 --> 01:08:06,320 Speaker 22: made by the government. That has an impact on the economy. Ginny, 1444 01:08:06,920 --> 01:08:07,520 Speaker 22: we have that. 1445 01:08:07,800 --> 01:08:10,040 Speaker 7: We have to pay the price. 1446 01:08:10,880 --> 01:08:12,439 Speaker 2: When you get through it, this will be the election 1447 01:08:12,520 --> 01:08:14,760 Speaker 2: you need debate. Genny, do you can you explain Hipkins, 1448 01:08:14,760 --> 01:08:17,400 Speaker 2: who I think failed yesterday? This Peter's thing and the 1449 01:08:17,880 --> 01:08:19,800 Speaker 2: new law the government are looking to put through about 1450 01:08:19,840 --> 01:08:23,920 Speaker 2: protesting outside people's houses. Why did you vote against it? 1451 01:08:23,920 --> 01:08:28,200 Speaker 12: It was really unclear and the detail about we you 1452 01:08:28,240 --> 01:08:31,519 Speaker 12: know at your house, my house, someone else's house. I 1453 01:08:31,560 --> 01:08:34,320 Speaker 12: mean that the reality is if someone is protesting their 1454 01:08:34,479 --> 01:08:37,960 Speaker 12: right to protest, if they break the law, then they 1455 01:08:37,960 --> 01:08:40,639 Speaker 12: get prosecuted as the person did out front. 1456 01:08:40,840 --> 01:08:43,600 Speaker 2: A shorter person than in your view be able to 1457 01:08:43,600 --> 01:08:46,680 Speaker 2: come outside Winston Peter's house at four o'clock in the 1458 01:08:46,760 --> 01:08:49,800 Speaker 2: afternoon and bang a drum and yell through a loud 1459 01:08:49,800 --> 01:08:52,240 Speaker 2: speaker for as long as they want because that's legitimate 1460 01:08:52,280 --> 01:08:53,040 Speaker 2: protest or not. 1461 01:08:53,880 --> 01:08:56,559 Speaker 12: Well, that would be breaching the peace and it would 1462 01:08:56,600 --> 01:08:59,000 Speaker 12: be causing it to sturbance and so place would likely 1463 01:08:59,080 --> 01:09:02,040 Speaker 12: have good grounds to to apprehend that person, but we 1464 01:09:02,080 --> 01:09:02,320 Speaker 12: don't know. 1465 01:09:02,439 --> 01:09:04,240 Speaker 7: Well, there aren't clear laws of it. 1466 01:09:04,280 --> 01:09:06,320 Speaker 22: That's why we're passing the bill, and that's why we 1467 01:09:06,320 --> 01:09:08,720 Speaker 22: would have expected you to support it. And I think 1468 01:09:08,720 --> 01:09:12,439 Speaker 22: that every single Kiwi would would agree and say that 1469 01:09:12,479 --> 01:09:15,160 Speaker 22: the one place that that they and their family should 1470 01:09:15,200 --> 01:09:17,040 Speaker 22: feel safe is in their house. 1471 01:09:17,120 --> 01:09:19,400 Speaker 7: And you picture a group of people. 1472 01:09:19,120 --> 01:09:22,680 Speaker 22: Standing outside your house shouting all sorts of things with 1473 01:09:22,760 --> 01:09:25,280 Speaker 22: loud ailers and carrying on them and by the way, 1474 01:09:25,960 --> 01:09:28,960 Speaker 22: you know, completely totally stepping over the line going in 1475 01:09:29,000 --> 01:09:30,040 Speaker 22: this smesh in the window. 1476 01:09:30,200 --> 01:09:31,280 Speaker 7: You know they've got it. 1477 01:09:31,280 --> 01:09:34,280 Speaker 22: They've got this beautiful bleat lab Winston and Jan apparently 1478 01:09:34,280 --> 01:09:35,519 Speaker 22: there was glass through his eyes and. 1479 01:09:35,479 --> 01:09:37,000 Speaker 7: It was just a bloody shocker. 1480 01:09:37,120 --> 01:09:37,360 Speaker 19: Yeah. 1481 01:09:37,680 --> 01:09:39,960 Speaker 2: I think the problem with it is Ginny As You're 1482 01:09:39,960 --> 01:09:41,519 Speaker 2: on the wrong side of this now, aren't you, Because 1483 01:09:41,560 --> 01:09:44,439 Speaker 2: what happens is it's all very well theoretically going around 1484 01:09:44,479 --> 01:09:46,760 Speaker 2: going oh, you should be able to protest these sort 1485 01:09:46,800 --> 01:09:49,800 Speaker 2: of people aren't normal, and when let off the leash, 1486 01:09:49,840 --> 01:09:52,320 Speaker 2: that's where it ends up and no one. No one 1487 01:09:52,360 --> 01:09:53,639 Speaker 2: finds that acceptable do they? 1488 01:09:54,680 --> 01:09:57,679 Speaker 12: Let me be very clear, what happened to Winston Peters 1489 01:09:57,760 --> 01:10:01,759 Speaker 12: is absolutely unacceptable and no one should have that happen 1490 01:10:02,280 --> 01:10:05,320 Speaker 12: at all. And so if someone is breaking the law, 1491 01:10:05,479 --> 01:10:06,840 Speaker 12: one hundred percent, they should be. 1492 01:10:06,920 --> 01:10:08,479 Speaker 2: But that's the point of having a law, so that 1493 01:10:08,520 --> 01:10:10,639 Speaker 2: we because the law at the moment clearly doesn't work 1494 01:10:10,640 --> 01:10:12,520 Speaker 2: as well as it should do, and you shouldn't. 1495 01:10:12,120 --> 01:10:14,479 Speaker 12: Be able to arrested. He was arrested, Yeah. 1496 01:10:14,360 --> 01:10:16,519 Speaker 2: Well he was because he's handed himself in. 1497 01:10:17,720 --> 01:10:21,200 Speaker 22: Yes, the police advice is that they don't have the laws. 1498 01:10:21,200 --> 01:10:22,800 Speaker 22: They need to be able to go in and move 1499 01:10:22,840 --> 01:10:25,679 Speaker 22: people away when they're protesting someone's private house. 1500 01:10:26,200 --> 01:10:27,599 Speaker 7: So that's why we're passing the law. 1501 01:10:27,720 --> 01:10:29,880 Speaker 22: So you know, I would go back and have a 1502 01:10:29,920 --> 01:10:32,880 Speaker 22: serious chat with Hickins and say we better change your 1503 01:10:32,920 --> 01:10:33,439 Speaker 22: position on this. 1504 01:10:33,520 --> 01:10:36,600 Speaker 2: Pretty quick quickly. Ginny, how much do you spend on 1505 01:10:36,640 --> 01:10:37,599 Speaker 2: groceries per week? 1506 01:10:37,800 --> 01:10:44,360 Speaker 12: Roughly two teenage kids? Yes, it would be more than that, 1507 01:10:44,479 --> 01:10:45,880 Speaker 12: It would be about four eighty. 1508 01:10:45,920 --> 01:10:47,640 Speaker 2: I would say, yeah, see, that's why I don't know 1509 01:10:47,680 --> 01:10:49,280 Speaker 2: where they got their numbers from, because I. 1510 01:10:49,200 --> 01:10:51,519 Speaker 12: Mean to people who don't earn as much as me, 1511 01:10:51,680 --> 01:10:52,519 Speaker 12: that you. 1512 01:10:52,400 --> 01:10:54,759 Speaker 2: Think you spend more because you've got it as your argument. 1513 01:10:55,479 --> 01:10:58,080 Speaker 12: Definitely, I would say, so like we spent we have 1514 01:10:58,120 --> 01:11:01,920 Speaker 12: two people who are earning and we're able to when 1515 01:11:01,960 --> 01:11:04,439 Speaker 12: we run out, we can go and buy more. And 1516 01:11:04,479 --> 01:11:06,720 Speaker 12: so many families in New Zealand, and I hear this 1517 01:11:06,880 --> 01:11:09,200 Speaker 12: locally that when their food runs out for the week, 1518 01:11:09,280 --> 01:11:12,760 Speaker 12: they can't no more. And so that's why they're not 1519 01:11:12,800 --> 01:11:15,240 Speaker 12: spending more money on takeaways or other things. As you said, 1520 01:11:15,479 --> 01:11:17,880 Speaker 12: it's because people don't have the money to feed their family. 1521 01:11:17,920 --> 01:11:18,920 Speaker 2: What would you spend make. 1522 01:11:20,800 --> 01:11:23,520 Speaker 22: It's a really good question, to be honest, because I've 1523 01:11:23,520 --> 01:11:24,720 Speaker 22: got to put my hand up and so that I 1524 01:11:24,760 --> 01:11:27,840 Speaker 22: don't actually do the grocery as much these days. But 1525 01:11:27,920 --> 01:11:30,519 Speaker 22: we've got two growing boys in the house, strapping leads 1526 01:11:30,520 --> 01:11:34,360 Speaker 22: and you know, and obviously costs a bit to feed them. 1527 01:11:34,479 --> 01:11:36,040 Speaker 22: But yet I couldn't give you. 1528 01:11:36,000 --> 01:11:38,240 Speaker 2: Anything if the number is right. My point being, if 1529 01:11:38,280 --> 01:11:40,439 Speaker 2: the number is right, then it's a wake up call, 1530 01:11:40,479 --> 01:11:42,559 Speaker 2: isn't it? Because what I do know about shopping is 1531 01:11:42,600 --> 01:11:44,960 Speaker 2: that two hundred and forty dollars is done by it 1532 01:11:45,040 --> 01:11:46,599 Speaker 2: much is the problem, isn't it? 1533 01:11:46,920 --> 01:11:49,599 Speaker 12: Well, it doesn't buy you good quality food. It requires 1534 01:11:49,680 --> 01:11:53,400 Speaker 12: you processed food and white bread and terminut noodles. And 1535 01:11:53,479 --> 01:11:55,280 Speaker 12: that's some of the problems we've got And that was 1536 01:11:55,320 --> 01:11:58,200 Speaker 12: the whole reason behind the Healthy Launchers program, that if 1537 01:11:58,240 --> 01:12:00,559 Speaker 12: you keep kids going to school, who hidden mean, feed 1538 01:12:00,640 --> 01:12:02,920 Speaker 12: proper food to nourish them and at least they had 1539 01:12:02,920 --> 01:12:06,439 Speaker 12: the opportunity for learning. Taking it away. 1540 01:12:07,080 --> 01:12:09,720 Speaker 7: But the one thing, the one thing that the one 1541 01:12:10,040 --> 01:12:10,479 Speaker 7: the next. 1542 01:12:10,320 --> 01:12:13,160 Speaker 12: Generation of young people not learning or engaging in education. 1543 01:12:14,200 --> 01:12:16,200 Speaker 22: I mean one thing, one thing, and this is what 1544 01:12:16,240 --> 01:12:18,880 Speaker 22: we're telling people to suck EAGs. But when I was 1545 01:12:18,880 --> 01:12:21,439 Speaker 22: a young police officer and had a young family, I mean, 1546 01:12:21,479 --> 01:12:23,800 Speaker 22: we used to just see what the seasonal vegetables were, 1547 01:12:24,280 --> 01:12:25,600 Speaker 22: what the specials. 1548 01:12:25,120 --> 01:12:29,920 Speaker 7: Were, and and try to shop like that. I still 1549 01:12:29,920 --> 01:12:31,160 Speaker 7: do to just to keep the building. 1550 01:12:31,200 --> 01:12:33,000 Speaker 2: I grow my own mark. There you go. 1551 01:12:33,479 --> 01:12:36,800 Speaker 7: Good on your mate, Good on your mate. Do you 1552 01:12:36,800 --> 01:12:39,320 Speaker 7: have a little do you have a little roadside stall where. 1553 01:12:39,800 --> 01:12:41,559 Speaker 2: I was thinking about it because I had I've had 1554 01:12:41,560 --> 01:12:44,960 Speaker 2: a very good citrus season with mandarins, lemons and grapefruit, 1555 01:12:45,080 --> 01:12:46,760 Speaker 2: more more of those that I can do with and 1556 01:12:46,800 --> 01:12:48,920 Speaker 2: I was thinking that I'll need to. If I was 1557 01:12:48,960 --> 01:12:50,200 Speaker 2: a nice guy, I would have brought them in here. 1558 01:12:50,200 --> 01:12:51,479 Speaker 2: And of course she had them round the start, but 1559 01:12:51,520 --> 01:12:51,760 Speaker 2: I'm not. 1560 01:12:53,439 --> 01:12:56,160 Speaker 12: Lemons can go really really well exactly. 1561 01:12:56,720 --> 01:12:58,679 Speaker 2: But anyway, I'm not a nice person, so I didn't 1562 01:12:58,680 --> 01:13:01,920 Speaker 2: bring it any end. 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Of course, easy to use your card 1598 01:14:47,840 --> 01:14:51,280 Speaker 2: wherever you are, offer seamless transactions both online and in store. 1599 01:14:51,760 --> 01:14:55,080 Speaker 2: But get amongst Stacy, Prue and Ulrich. First one in 1600 01:14:55,680 --> 01:14:57,760 Speaker 2: is a winner here at News Talks VB and the 1601 01:14:57,760 --> 01:14:58,360 Speaker 2: My Cosking and. 1602 01:14:58,320 --> 01:15:03,240 Speaker 1: Breakfast, Tough On Power, Sharp On Inside On My Casting, 1603 01:15:03,320 --> 01:15:08,040 Speaker 1: Breakfast with Vida, Retirement Communities, Life Your Way news togs 1604 01:15:08,080 --> 01:15:08,840 Speaker 1: had been Preue. 1605 01:15:08,840 --> 01:15:11,719 Speaker 2: Congratulations. Prue Roberts was the first one in this morning, 1606 01:15:11,760 --> 01:15:14,479 Speaker 2: so she gets the five hundred dollars thanks to Visa 1607 01:15:14,560 --> 01:15:16,719 Speaker 2: renders in the drawer for the trip to Melbourne, business 1608 01:15:16,760 --> 01:15:20,160 Speaker 2: class tickets, accommodation, hospitality, race weekend passes in March of 1609 01:15:20,160 --> 01:15:23,360 Speaker 2: next year at Albert Park Track Experience and two thousand dollars. 1610 01:15:23,479 --> 01:15:25,120 Speaker 2: Finly enough, I was just doing the numbers, you know, 1611 01:15:25,160 --> 01:15:27,240 Speaker 2: the rabobank two hundred and forty, and I don't want 1612 01:15:27,240 --> 01:15:28,760 Speaker 2: to bang on about it, but I think I'm the 1613 01:15:28,760 --> 01:15:30,559 Speaker 2: more I look at it, the more suspect I am 1614 01:15:30,600 --> 01:15:32,479 Speaker 2: about the actual numbers, because it was one of those 1615 01:15:32,479 --> 01:15:35,040 Speaker 2: opten surveys where first of all, you've got to have 1616 01:15:35,040 --> 01:15:37,240 Speaker 2: the attitude to be part of a survey, and so 1617 01:15:37,280 --> 01:15:39,000 Speaker 2: you can question people have got that sort of time 1618 01:15:39,040 --> 01:15:40,519 Speaker 2: on their hands at two hundred and forty dollars, so 1619 01:15:40,520 --> 01:15:42,479 Speaker 2: if you had a house of so it all averaged out. 1620 01:15:42,520 --> 01:15:44,479 Speaker 2: So for one person two forty. Now that's a whole 1621 01:15:44,520 --> 01:15:48,160 Speaker 2: different equation. Family of four two hundred forty dollars is 1622 01:15:48,200 --> 01:15:51,400 Speaker 2: eight dollars fifty per person a day, eight dollars fifty. 1623 01:15:51,400 --> 01:15:56,400 Speaker 2: There's no way you are feeding a person three meals 1624 01:15:56,400 --> 01:15:58,240 Speaker 2: a day for eight dollars fifty a day. It's just 1625 01:15:58,360 --> 01:16:01,280 Speaker 2: not possible. Therefore, I just wonder how I mean, obviously 1626 01:16:01,280 --> 01:16:05,080 Speaker 2: you might have a skewed two person house scenario in there, 1627 01:16:05,520 --> 01:16:07,360 Speaker 2: because the numbers don't add up to me. Twenty two 1628 01:16:07,360 --> 01:16:08,200 Speaker 2: minutes away from. 1629 01:16:08,120 --> 01:16:12,760 Speaker 3: Nine International correspondence with ends and eye insurance peace of 1630 01:16:12,760 --> 01:16:14,320 Speaker 3: mind for New Zealand business. 1631 01:16:14,200 --> 01:16:15,120 Speaker 2: I'll fraid you do flast. 1632 01:16:15,120 --> 01:16:16,840 Speaker 18: Morning mate, Hey, good morning. 1633 01:16:16,960 --> 01:16:19,960 Speaker 2: I knowe that Melbourne is holding up its reputation as 1634 01:16:20,000 --> 01:16:23,200 Speaker 2: a refined, elegant sort of city as you mark October seven. 1635 01:16:24,200 --> 01:16:26,880 Speaker 18: Well, I didn't think I could be shocked about the 1636 01:16:27,000 --> 01:16:31,000 Speaker 18: level of anti Semitism that's risen in this country over 1637 01:16:31,000 --> 01:16:33,040 Speaker 18: the past two years, but I was yesterday morning. I 1638 01:16:33,040 --> 01:16:37,160 Speaker 18: could not believe it. Massive billboard in North Fitzroy. Now, 1639 01:16:37,360 --> 01:16:39,800 Speaker 18: I know you know Melbourne well, but just for the 1640 01:16:39,800 --> 01:16:44,360 Speaker 18: benefit of your audience, anyone who resides in places like 1641 01:16:44,439 --> 01:16:47,599 Speaker 18: North Fitzroy colling with the inner northern suburbs of Melbourne 1642 01:16:47,640 --> 01:16:51,479 Speaker 18: are likely to be Green voting Israel hating people. Now, 1643 01:16:51,520 --> 01:16:55,360 Speaker 18: of course that's me talking in generalization, but it's one 1644 01:16:55,400 --> 01:16:58,240 Speaker 18: of those pockets of Australia that's very, very much of 1645 01:16:58,280 --> 01:17:02,639 Speaker 18: the green left. Giant billboard October seven, of all days, 1646 01:17:02,840 --> 01:17:07,360 Speaker 18: Glory to Hamas was the billboard. Now this billboard, it's 1647 01:17:07,360 --> 01:17:09,400 Speaker 18: not like just a small poster. This is one of 1648 01:17:09,400 --> 01:17:13,200 Speaker 18: those giant billboards. It's been overtaken by these vile people, 1649 01:17:13,320 --> 01:17:15,519 Speaker 18: and it's on a major freeway into the city. But 1650 01:17:15,600 --> 01:17:19,680 Speaker 18: it doesn't stop there. On a office works complex, there 1651 01:17:19,760 --> 01:17:23,840 Speaker 18: was a graffiti about free Palestine and probably the worst 1652 01:17:23,920 --> 01:17:27,960 Speaker 18: of all October seven. Do it again. Now, these hate 1653 01:17:28,000 --> 01:17:31,559 Speaker 18: slogans just got to stop. We can only hope and 1654 01:17:31,600 --> 01:17:34,880 Speaker 18: pray that there was CCTV footage somewhere, but these cowards 1655 01:17:34,920 --> 01:17:35,880 Speaker 18: would have had masks on. 1656 01:17:35,920 --> 01:17:36,639 Speaker 15: I would have thought. 1657 01:17:37,479 --> 01:17:41,519 Speaker 18: Israel has reacted already with their deputy Foreign Minister calling 1658 01:17:41,560 --> 01:17:45,280 Speaker 18: on Australia to quote get your country in order and 1659 01:17:45,439 --> 01:17:49,479 Speaker 18: stop the due hate. Sydney Opera House looks like there's 1660 01:17:49,479 --> 01:17:53,679 Speaker 18: going to be another protest there come someday, and that's 1661 01:17:53,760 --> 01:17:56,760 Speaker 18: going to I mean Susan leader, Opposition leader says, look, 1662 01:17:56,800 --> 01:17:59,200 Speaker 18: this is a lot of this is the federal government. 1663 01:18:00,320 --> 01:18:03,360 Speaker 18: They let hate take the take route in this country. 1664 01:18:03,840 --> 01:18:06,479 Speaker 18: You had a truck driving past the synagogue yesterday in 1665 01:18:06,560 --> 01:18:10,040 Speaker 18: Sydney's suburb of Cremorne with a bloke pointing a gun 1666 01:18:10,120 --> 01:18:13,479 Speaker 18: out of the truck, and there were two hundred people 1667 01:18:13,560 --> 01:18:18,360 Speaker 18: marching and they were lectured by a preacher in Sydney 1668 01:18:18,600 --> 01:18:24,680 Speaker 18: about the child deaths that are being done by the IDF. 1669 01:18:24,840 --> 01:18:28,240 Speaker 18: I mean, it is completely and sadly out of control. 1670 01:18:28,800 --> 01:18:30,479 Speaker 2: I just wonder if it's become a thing, you know, 1671 01:18:30,560 --> 01:18:33,040 Speaker 2: because it's you and I are old enough to We've 1672 01:18:33,040 --> 01:18:37,840 Speaker 2: been here many many, many, many many times before, and 1673 01:18:38,240 --> 01:18:40,280 Speaker 2: it's going to be repeated again. And I just wonder 1674 01:18:40,280 --> 01:18:42,439 Speaker 2: if it's got a life of its own and the 1675 01:18:42,439 --> 01:18:45,240 Speaker 2: crackdown hasn't been hard enough and the penalties haven't been 1676 01:18:45,520 --> 01:18:48,080 Speaker 2: stiff enough, and therefore people feel entitled to do whatever 1677 01:18:48,120 --> 01:18:48,479 Speaker 2: they want. 1678 01:18:49,560 --> 01:18:52,760 Speaker 18: Well, I've lived in the two biggest Jewish population city, 1679 01:18:52,800 --> 01:18:55,400 Speaker 18: Sydney in Melbourne for over a long time. I mean, 1680 01:18:55,920 --> 01:18:57,760 Speaker 18: for example, I couldn't even tell you whether there was 1681 01:18:57,800 --> 01:19:00,400 Speaker 18: a synagogue in Cremonne until I read about it this morning, 1682 01:19:00,520 --> 01:19:05,000 Speaker 18: and anti Semitism is not something that in my seventy 1683 01:19:05,080 --> 01:19:08,040 Speaker 18: years I've seen in Australia at all. But in the 1684 01:19:08,080 --> 01:19:11,920 Speaker 18: last two years, You're right, it becomes a trend. I mean, 1685 01:19:11,920 --> 01:19:17,479 Speaker 18: how else can you argue about Every weekend since October seven, 1686 01:19:17,640 --> 01:19:19,960 Speaker 18: twenty twenty three, people are marching through the streets of 1687 01:19:20,000 --> 01:19:25,920 Speaker 18: Melbourne waving Palestinian flags. One child yesterday was pictured wearing 1688 01:19:25,920 --> 01:19:29,320 Speaker 18: a T shirt with a slogan on it death to 1689 01:19:29,400 --> 01:19:34,439 Speaker 18: the IDEF. I mean, this is just I don't know 1690 01:19:34,479 --> 01:19:35,600 Speaker 18: how you reign it back in. 1691 01:19:35,800 --> 01:19:36,880 Speaker 10: That's the problem. 1692 01:19:37,400 --> 01:19:40,080 Speaker 2: But what does he do these days apart from good speeches. 1693 01:19:41,000 --> 01:19:43,720 Speaker 18: Well, he's written an incredible book which I urge you 1694 01:19:43,760 --> 01:19:45,320 Speaker 18: to have a look at. It's going to be released 1695 01:19:45,320 --> 01:19:46,920 Speaker 18: in a couple of weeks. There was a major interview 1696 01:19:46,920 --> 01:19:50,439 Speaker 18: with him in the Australia last weekend. He describes himself 1697 01:19:50,520 --> 01:19:53,480 Speaker 18: as an author, he's a former journalist as we know, 1698 01:19:53,880 --> 01:19:57,160 Speaker 18: and a speaker. He's in the UK speaking to a 1699 01:19:57,240 --> 01:20:01,280 Speaker 18: conservative conference he said in this speech, and the reason 1700 01:20:01,280 --> 01:20:03,679 Speaker 18: I bring it up, he said, Britain needs to move 1701 01:20:04,240 --> 01:20:08,080 Speaker 18: illegal migrants on to quote a mothership in international waters 1702 01:20:08,080 --> 01:20:11,320 Speaker 18: in the English Channel before being taken back to France 1703 01:20:11,360 --> 01:20:16,160 Speaker 18: in unsinkable life rafts on a suitable night. Now, obviously 1704 01:20:16,240 --> 01:20:19,439 Speaker 18: he was in charge in Australia when the turn back 1705 01:20:19,479 --> 01:20:23,680 Speaker 18: the boat's policy was delivered. He was the one who 1706 01:20:23,720 --> 01:20:25,880 Speaker 18: was very tough on it. He said, when I came in, 1707 01:20:25,920 --> 01:20:28,759 Speaker 18: we reopened off short attention, we put back in place 1708 01:20:28,800 --> 01:20:31,679 Speaker 18: temporary protection visas, and we put in place of policy 1709 01:20:31,720 --> 01:20:35,559 Speaker 18: to turn the boats around through Operation Sovereign Borders. I 1710 01:20:35,880 --> 01:20:38,200 Speaker 18: have and I mentioned of it to you on Monday, 1711 01:20:39,680 --> 01:20:41,599 Speaker 18: and I'm sure I can tell you this, but I 1712 01:20:41,640 --> 01:20:45,679 Speaker 18: have a very very strong feeling that he is lining 1713 01:20:45,760 --> 01:20:47,879 Speaker 18: himself up some sort of a political comeback. 1714 01:20:48,000 --> 01:20:50,920 Speaker 2: Wow. And would he be well received. 1715 01:20:52,680 --> 01:20:55,360 Speaker 18: In many parts of Australia. Yes, his problem was he 1716 01:20:55,400 --> 01:20:58,080 Speaker 18: was always not very popular in the socialist state of Victoria. 1717 01:20:58,160 --> 01:20:59,080 Speaker 20: But that wouldn't matter. 1718 01:21:00,120 --> 01:21:02,920 Speaker 18: Yeah, a tough leader in charge of the Conservatives is 1719 01:21:02,960 --> 01:21:04,439 Speaker 18: something the Conservatives to day. 1720 01:21:04,360 --> 01:21:07,120 Speaker 2: Yeah, that's interesting that Dunnet thing. The other day, just 1721 01:21:07,160 --> 01:21:08,519 Speaker 2: while you've got me on that, I was reading about 1722 01:21:08,560 --> 01:21:11,120 Speaker 2: that with the Hasty just to explain to people, so 1723 01:21:11,960 --> 01:21:15,360 Speaker 2: Dunton reviews the election loss. Hasty was what did he 1724 01:21:15,400 --> 01:21:17,719 Speaker 2: call them? He's a sleep or gone home or missing 1725 01:21:17,760 --> 01:21:20,600 Speaker 2: an action away to the case. Is that just bitchiness 1726 01:21:20,680 --> 01:21:21,400 Speaker 2: or is that real? 1727 01:21:22,680 --> 01:21:25,800 Speaker 18: What this is part of is the undermining of a 1728 01:21:25,920 --> 01:21:29,240 Speaker 18: challenge by Andrew Hasty that is coming to unseat Susan Lea, 1729 01:21:29,320 --> 01:21:31,400 Speaker 18: the current opposition leader. It's all a bit complex, but 1730 01:21:32,080 --> 01:21:35,760 Speaker 18: when Hasty quit the front bench, everyone who is not 1731 01:21:35,800 --> 01:21:38,920 Speaker 18: a conservative within the Liberals decided that we're going to 1732 01:21:38,920 --> 01:21:41,080 Speaker 18: get this bloke. And so this leak came to the 1733 01:21:41,200 --> 01:21:45,000 Speaker 18: nine newspapers and it's all about undermining whether Hasty is 1734 01:21:45,040 --> 01:21:48,960 Speaker 18: suitable or not to march to challenge Susan Lee and 1735 01:21:48,960 --> 01:21:49,400 Speaker 18: take over. 1736 01:21:50,439 --> 01:21:53,360 Speaker 2: While I've also got you troubling signed, would you agree 1737 01:21:53,439 --> 01:21:56,160 Speaker 2: with this troubling sciences and your media this morning? Troubling 1738 01:21:56,200 --> 01:21:59,320 Speaker 2: signs and the job market deteriorating more quickly than anticipated. 1739 01:21:59,400 --> 01:22:02,200 Speaker 2: Job adds t three point three percent in September, single 1740 01:22:02,280 --> 01:22:05,120 Speaker 2: largest monthly drop since February of last year for the 1741 01:22:05,120 --> 01:22:07,479 Speaker 2: New Zealanders looking to go to Australia and Australia's the 1742 01:22:07,479 --> 01:22:10,560 Speaker 2: Promised Land. Are times tight in Australia? 1743 01:22:11,080 --> 01:22:11,639 Speaker 20: Are they ever? 1744 01:22:12,200 --> 01:22:14,760 Speaker 18: And I think this is reality and the rubber hitting 1745 01:22:14,800 --> 01:22:19,440 Speaker 18: the road. We've lived in a false state of optimism 1746 01:22:19,600 --> 01:22:23,599 Speaker 18: since COVID really and you know the Oban Ezy government 1747 01:22:23,680 --> 01:22:26,519 Speaker 18: they swept to power again for a second term. But 1748 01:22:26,600 --> 01:22:30,719 Speaker 18: then the underlying problems in this country include obviously housing 1749 01:22:30,760 --> 01:22:34,720 Speaker 18: crisis like everybody has. But there's no wage growth and 1750 01:22:34,760 --> 01:22:37,760 Speaker 18: there's no productivity growth in this country. The place is 1751 01:22:37,760 --> 01:22:41,200 Speaker 18: on sitting in neutral or worse, going in reverse. And 1752 01:22:41,360 --> 01:22:45,880 Speaker 18: I know industry after industry after industry that are simply 1753 01:22:45,880 --> 01:22:51,640 Speaker 18: shutting down, sacking people and construction, hospitality, all of the 1754 01:22:51,680 --> 01:22:54,000 Speaker 18: things that key we workers might put their hands up 1755 01:22:54,000 --> 01:22:57,479 Speaker 18: to come and do, are in big trouble. Big trouble. 1756 01:22:57,520 --> 01:22:59,200 Speaker 2: All right, make go well, we'll see next week. Appreciate 1757 01:22:59,240 --> 01:22:59,640 Speaker 2: it very much. 1758 01:22:59,680 --> 01:22:59,840 Speaker 7: Deep. 1759 01:23:00,680 --> 01:23:02,519 Speaker 2: I just picked that up this morning. So just a 1760 01:23:02,520 --> 01:23:04,760 Speaker 2: couple of texts this morning. In fact, I'll come back 1761 01:23:04,800 --> 01:23:06,320 Speaker 2: to one in just a couple of moments. It ain't 1762 01:23:06,360 --> 01:23:07,839 Speaker 2: it ain't. I mean, you want to go to Australia 1763 01:23:07,840 --> 01:23:10,280 Speaker 2: and have a good life, fantastic, but to go there, 1764 01:23:10,760 --> 01:23:13,080 Speaker 2: go there with your eyes wide open. Eight forty five 1765 01:23:14,479 --> 01:23:14,880 Speaker 2: The Like. 1766 01:23:14,960 --> 01:23:18,600 Speaker 1: Asking Breakfast Full Show podcast on iHeartRadio. 1767 01:23:18,600 --> 01:23:20,000 Speaker 7: Howard By News talks at be. 1768 01:23:20,720 --> 01:23:22,439 Speaker 2: Good question morning, Mike can ask if you have to 1769 01:23:22,520 --> 01:23:24,760 Speaker 2: enter the bees of competition again every morning. No, you don't. 1770 01:23:24,960 --> 01:23:28,960 Speaker 2: Once you're in your room hoping, Mike, you would have 1771 01:23:29,000 --> 01:23:32,520 Speaker 2: asked Price about how McLaren unfairly treated Piastre. Yes, I 1772 01:23:32,560 --> 01:23:37,400 Speaker 2: did two days ago on Monday, when it actually happened, Mike. 1773 01:23:37,439 --> 01:23:39,120 Speaker 2: Two years ago, my friends and a family of four, 1774 01:23:39,120 --> 01:23:41,760 Speaker 2: including two young adults, sold up, moved to Adelaide. They 1775 01:23:41,760 --> 01:23:43,759 Speaker 2: bought a house there. He found a job which actually 1776 01:23:43,800 --> 01:23:46,240 Speaker 2: paid less than what he was formally earning here. They 1777 01:23:46,280 --> 01:23:47,639 Speaker 2: have to put their home on the market and we'll 1778 01:23:47,640 --> 01:23:49,840 Speaker 2: be moving back home. I think many as humans all 1779 01:23:49,880 --> 01:23:51,760 Speaker 2: rosy over in Australia. But it's not the case of 1780 01:23:51,760 --> 01:23:54,080 Speaker 2: many instances. I've been saying this but well and excessively 1781 01:23:54,200 --> 01:23:57,640 Speaker 2: year on this program. If you read a lot about Australia, 1782 01:23:57,640 --> 01:23:59,920 Speaker 2: and I do. If you want to go in this 1783 01:24:00,160 --> 01:24:03,880 Speaker 2: pathway for you and you're a they're always looking for nurses, 1784 01:24:03,920 --> 01:24:06,280 Speaker 2: they're always looking for doctors, they're always looking for you know, 1785 01:24:06,280 --> 01:24:08,639 Speaker 2: diggers out Western wa all of that sort of stuff. 1786 01:24:08,920 --> 01:24:11,400 Speaker 2: If you're on a pathway too and you want something 1787 01:24:11,439 --> 01:24:14,640 Speaker 2: different than great, go for it. But to just blindly 1788 01:24:15,000 --> 01:24:16,920 Speaker 2: up and leave because you're a bit pissed off with 1789 01:24:16,960 --> 01:24:19,120 Speaker 2: what's going on in one country and move to another 1790 01:24:19,439 --> 01:24:23,080 Speaker 2: with no real research or understanding what's going on currently. 1791 01:24:24,000 --> 01:24:27,080 Speaker 2: You are potentially and for a difficult time speaking, which 1792 01:24:27,200 --> 01:24:31,760 Speaker 2: Stuart Nash, I'm trying to work out of this is 1793 01:24:31,800 --> 01:24:34,240 Speaker 2: even a story. So the Herald think this is a 1794 01:24:34,280 --> 01:24:37,479 Speaker 2: thing this morning. So Nash he gets dumped. So Nash 1795 01:24:37,520 --> 01:24:41,240 Speaker 2: goes on that platform thing, that website, whatever that is, 1796 01:24:41,360 --> 01:24:43,439 Speaker 2: and he goes on. He says something stupid. He should 1797 01:24:43,439 --> 01:24:46,519 Speaker 2: never have said it. He's an idiot. And I say 1798 01:24:46,520 --> 01:24:48,280 Speaker 2: that as I mean, I'm not as friend, but I 1799 01:24:48,320 --> 01:24:50,360 Speaker 2: know I'm well enough. But he's an idiot, so he 1800 01:24:50,360 --> 01:24:53,599 Speaker 2: should never have said that. So then as a result 1801 01:24:53,640 --> 01:24:57,040 Speaker 2: of that, he gets dumped from a trade trip. He 1802 01:24:57,080 --> 01:25:01,120 Speaker 2: also loses his job at the recruitment agency, so they 1803 01:25:01,160 --> 01:25:04,960 Speaker 2: investigate him. Whether they investigate it was that I'm not 1804 01:25:05,160 --> 01:25:08,040 Speaker 2: convinced in my mind that sacking somebody for that is 1805 01:25:08,080 --> 01:25:12,880 Speaker 2: a sackable offense, and I I feel bad about sacking 1806 01:25:12,880 --> 01:25:16,360 Speaker 2: somebody over that. Yes, idiotic, shouldn't have done it, of course, 1807 01:25:16,760 --> 01:25:21,639 Speaker 2: but the guy apologized and may a culprit, so loon 1808 01:25:21,720 --> 01:25:25,000 Speaker 2: your lesson, don't do it again. So loses his job. 1809 01:25:25,160 --> 01:25:27,400 Speaker 2: I didn't realize on the board of another. He's on 1810 01:25:27,439 --> 01:25:30,040 Speaker 2: the board of the Taxpayers Union, so he lost that job. 1811 01:25:30,520 --> 01:25:33,120 Speaker 2: So he's lost two jobs so far. Then they boot 1812 01:25:33,200 --> 01:25:35,000 Speaker 2: him off the trade trip. I'm not sure booting him 1813 01:25:35,000 --> 01:25:37,200 Speaker 2: off the trade trip was a distraction. Do you think 1814 01:25:37,240 --> 01:25:42,600 Speaker 2: your average American Welcome to America? Oh, Stewie, you're the 1815 01:25:42,640 --> 01:25:45,120 Speaker 2: guy you know, no one knows, no one cares, So 1816 01:25:45,160 --> 01:25:48,360 Speaker 2: booting him off that. So then Stewie decides to text 1817 01:25:48,360 --> 01:25:50,599 Speaker 2: Todd McLay trade minister, give him a bit. 1818 01:25:50,479 --> 01:25:51,000 Speaker 7: Of a serve. 1819 01:25:51,840 --> 01:25:56,599 Speaker 2: Now that's O. I aable and that's how I'm talking 1820 01:25:56,600 --> 01:25:58,519 Speaker 2: to you about this is morning because somebody, oh, I 1821 01:25:58,680 --> 01:26:02,719 Speaker 2: ate it. So all in all, Stewie's not the sharpest 1822 01:26:02,760 --> 01:26:05,360 Speaker 2: tool in the box. So I think we can conclude that. 1823 01:26:05,439 --> 01:26:09,559 Speaker 2: But the outcome versus what he did to get to 1824 01:26:09,600 --> 01:26:13,639 Speaker 2: the outcome, I'm just not convinced. Is the biggest scandal 1825 01:26:13,640 --> 01:26:14,320 Speaker 2: in the woods. 1826 01:26:14,120 --> 01:26:17,040 Speaker 13: Sort of got judgment with the form with the judgment. 1827 01:26:17,120 --> 01:26:18,719 Speaker 13: Isn't he the poor judgment? 1828 01:26:18,880 --> 01:26:22,040 Speaker 2: It's the Yeah, he lost that job as well, didn't he. 1829 01:26:22,120 --> 01:26:22,320 Speaker 22: Yeah? 1830 01:26:22,520 --> 01:26:25,519 Speaker 2: Yeah, he made several mistakes and then lost the job. 1831 01:26:26,640 --> 01:26:29,880 Speaker 13: And you know, whatever you do, don't hug the machine 1832 01:26:29,880 --> 01:26:30,920 Speaker 13: in the gym either. 1833 01:26:33,360 --> 01:26:35,200 Speaker 2: Nine. But we still like him? Do we still like him? 1834 01:26:35,760 --> 01:26:39,120 Speaker 2: Likable guy, likable guy, old Stewie to point he's got 1835 01:26:39,200 --> 01:26:40,800 Speaker 2: a spare time in his sense. Now that's all nine 1836 01:26:40,800 --> 01:26:42,000 Speaker 2: minutes away from nine. 1837 01:26:42,439 --> 01:26:45,680 Speaker 1: The Mic Hosking Breakfast with the land Rover Defender and 1838 01:26:45,720 --> 01:26:46,479 Speaker 1: news Togs d. 1839 01:26:46,479 --> 01:26:51,360 Speaker 2: B stand by. I'm just looking up something on chat 1840 01:26:51,400 --> 01:26:55,760 Speaker 2: GPT now before it before I do that. When you 1841 01:26:55,840 --> 01:26:58,479 Speaker 2: qualify for ACC funded hearing aids, by the way, you 1842 01:26:58,520 --> 01:27:00,639 Speaker 2: want the best product and the best serve without being 1843 01:27:00,640 --> 01:27:02,920 Speaker 2: told you need to pay more. Right, So here's the difference. 1844 01:27:02,960 --> 01:27:05,360 Speaker 2: Only at Resonate Resonate Remember the number offers the very 1845 01:27:05,360 --> 01:27:08,160 Speaker 2: best ACC product and service without needing to pay a 1846 01:27:08,160 --> 01:27:10,360 Speaker 2: dollar more So, no matter which funding band you're in, 1847 01:27:10,960 --> 01:27:14,120 Speaker 2: Resonate guarantees you receive the top of the range Resound 1848 01:27:14,240 --> 01:27:18,120 Speaker 2: Vivia nine, the Resound Vivia nine hearing eights. So other 1849 01:27:18,160 --> 01:27:20,320 Speaker 2: providers might ask you for a surcharge if you want 1850 01:27:20,320 --> 01:27:22,840 Speaker 2: the best tech, but at Resonate you'll never be asked 1851 01:27:22,840 --> 01:27:25,200 Speaker 2: for a cent above the ACC funding. And it's not 1852 01:27:25,240 --> 01:27:27,120 Speaker 2: just the hearing age. Resonate was built to make sure 1853 01:27:27,120 --> 01:27:29,880 Speaker 2: that New Zealanders received great service as well. The audiologists 1854 01:27:29,880 --> 01:27:33,200 Speaker 2: take care of everything, paperwork, yes, fitting the adjustments, ongoing 1855 01:27:33,200 --> 01:27:35,280 Speaker 2: support that keeps you hearing the best. So if you're 1856 01:27:35,320 --> 01:27:39,240 Speaker 2: eligible for the ACC support eight hundred resonate eight hundred 1857 01:27:39,280 --> 01:27:41,360 Speaker 2: resonate which is eight hundred and seventy three seven sixty 1858 01:27:41,320 --> 01:27:44,400 Speaker 2: six two, or you can book online Resonate Health one 1859 01:27:44,439 --> 01:27:50,200 Speaker 2: word resonate Health dot co dot m Z asking strong. 1860 01:27:50,240 --> 01:27:53,120 Speaker 2: I mean, but I always get confused between Zach, Zach 1861 01:27:53,200 --> 01:27:58,080 Speaker 2: Bryan and the other guy Bryant, Luke Bryant and Zach Bryan. 1862 01:27:58,400 --> 01:27:59,760 Speaker 13: Aren't they just all interchangeable? 1863 01:27:59,840 --> 01:28:03,479 Speaker 2: No, not, no, they are not. So he's got Zach 1864 01:28:03,560 --> 01:28:08,120 Speaker 2: bryan new song. It's called bad News, and he's putting. 1865 01:28:07,880 --> 01:28:12,000 Speaker 1: Up Brending now with Chemi's warehouse celebrate big friends and 1866 01:28:12,080 --> 01:28:12,959 Speaker 1: bigut savings. 1867 01:28:14,080 --> 01:28:15,839 Speaker 2: And he's put it up with a caption the Fading 1868 01:28:15,840 --> 01:28:22,080 Speaker 2: of the Red, White and Blue. Have a listen, No listen, 1869 01:28:22,960 --> 01:28:24,200 Speaker 2: dender in jail. 1870 01:28:24,080 --> 01:28:26,760 Speaker 10: Some that Tambo has been giving a sall. 1871 01:28:26,880 --> 01:28:27,719 Speaker 3: I got some bed. 1872 01:28:29,640 --> 01:28:31,000 Speaker 10: We'll commission you. 1873 01:28:33,080 --> 01:28:35,679 Speaker 22: My friends are roll the generations, they're our guy. 1874 01:28:35,840 --> 01:28:38,759 Speaker 2: The generational story of dropping the flight. 1875 01:28:38,840 --> 01:28:40,680 Speaker 10: I heard the cops, can I. 1876 01:28:40,720 --> 01:28:47,200 Speaker 2: Reckon He's got predistinguished and I is gonna comebos down 1877 01:28:47,280 --> 01:28:50,240 Speaker 2: here in door, trying to build a house on bills 1878 01:28:50,360 --> 01:28:52,240 Speaker 2: no more, but I got a telephone. 1879 01:28:53,400 --> 01:28:55,640 Speaker 10: Kids are all scarting all along. 1880 01:28:55,680 --> 01:28:57,320 Speaker 2: Did pink Sky's pink Sky's. 1881 01:28:57,040 --> 01:29:01,799 Speaker 8: One stop bumping the rocks in the middle, things rising 1882 01:29:01,880 --> 01:29:06,000 Speaker 8: in a warm stop showing as some bad news good thing. 1883 01:29:06,040 --> 01:29:07,000 Speaker 3: Of a rare eye. 1884 01:29:12,840 --> 01:29:15,200 Speaker 2: I like it, mind, you like the most of things 1885 01:29:15,200 --> 01:29:18,720 Speaker 2: that he doesn't. What Luke Bryant doobe? What is his song? 1886 01:29:18,800 --> 01:29:19,840 Speaker 13: Thanks? I think. 1887 01:29:23,040 --> 01:29:24,400 Speaker 2: Who's dood bye do it? 1888 01:29:24,640 --> 01:29:24,840 Speaker 7: Yeah? 1889 01:29:24,960 --> 01:29:26,680 Speaker 2: I like him. I like all the Bryans, so like 1890 01:29:26,720 --> 01:29:28,120 Speaker 2: all the Lukes are like all the Brians are like 1891 01:29:28,200 --> 01:29:29,680 Speaker 2: all the Bryants. That's what it comes down to. And 1892 01:29:29,680 --> 01:29:31,479 Speaker 2: I like country music, so that's all right. They'll get 1893 01:29:31,520 --> 01:29:34,519 Speaker 2: angsty about it in America. Some of the protests outside 1894 01:29:34,600 --> 01:29:37,320 Speaker 2: his household drove barthrough his front window, and the dog 1895 01:29:37,360 --> 01:29:40,200 Speaker 2: will get glass all over it, the dog glass O. 1896 01:29:40,920 --> 01:29:43,000 Speaker 2: You know you write a song about it. Wish Why 1897 01:29:43,120 --> 01:29:44,840 Speaker 2: was stood on the trade trip? The answer was it 1898 01:29:44,960 --> 01:29:47,799 Speaker 2: was an immigration stock type trade trip. So he's on immigration. 1899 01:29:47,880 --> 01:29:50,000 Speaker 2: It's the answer to that question. Anyway. That's enough for me. 1900 01:29:50,360 --> 01:29:50,960 Speaker 2: Happy Days. 1901 01:29:52,520 --> 01:29:55,400 Speaker 1: For more from the Mic Asking Breakfast Listen Live to 1902 01:29:55,560 --> 01:29:58,599 Speaker 1: news talks. It'd be from six am weekdays, or follow 1903 01:29:58,640 --> 01:30:00,280 Speaker 1: the podcast on I heartbread yog