1 00:00:00,520 --> 00:00:06,000 Speaker 1: You're trusted home for news, sport, entertainment, opinion, and Mike 2 00:00:06,280 --> 00:00:10,479 Speaker 1: the Mic asking Breakfast with Bailey's real Estate altogether better 3 00:00:10,520 --> 00:00:14,360 Speaker 1: across residential, commercial, and rural news talks, head belly and. 4 00:00:14,440 --> 00:00:16,919 Speaker 2: Welcome today, building, fixing stuff and how to pay for it. 5 00:00:16,960 --> 00:00:19,200 Speaker 2: We've got a broad clean out at Nitball in New Zealand. 6 00:00:19,239 --> 00:00:21,200 Speaker 2: We've got a pass Mike at the supermarket. We've got 7 00:00:21,200 --> 00:00:23,640 Speaker 2: Mark and Ginny doing politics Wednesday after eight, and we 8 00:00:23,720 --> 00:00:26,479 Speaker 2: got Richard Arnold and Steve Pricet ponying up. 9 00:00:26,400 --> 00:00:28,080 Speaker 3: As well, pasking. 10 00:00:28,280 --> 00:00:30,760 Speaker 2: That's what we're hanging around for. It's Wednesday, for goodness sake, 11 00:00:30,800 --> 00:00:33,639 Speaker 2: seven past six. The Good Doctor, Ah, yes, the Good 12 00:00:33,680 --> 00:00:37,800 Speaker 2: Doctor steps forward today and delivers her first monetary policy statement. 13 00:00:37,800 --> 00:00:39,680 Speaker 2: The Reserve Bank is not going to bunt the cash rate, 14 00:00:39,720 --> 00:00:42,199 Speaker 2: of course, but the new talk, the new thinking, is 15 00:00:42,240 --> 00:00:45,480 Speaker 2: this the year most likely that they probably will put 16 00:00:45,520 --> 00:00:47,599 Speaker 2: those interest rights up. Like all of these things, that's 17 00:00:47,600 --> 00:00:50,080 Speaker 2: been a moving landscape. We thought for a while this 18 00:00:50,159 --> 00:00:52,760 Speaker 2: year might see no upward movement. Indeed, it was possible 19 00:00:52,840 --> 00:00:55,280 Speaker 2: for a short while we might see one more cut. 20 00:00:55,600 --> 00:00:58,560 Speaker 2: But as people like Kelly E. Cole of Westpacker pointed, out. 21 00:00:58,560 --> 00:01:01,520 Speaker 2: If you get growth, the possibility of a central bank 22 00:01:01,560 --> 00:01:03,360 Speaker 2: looking to enter the market to try and balance that 23 00:01:03,400 --> 00:01:05,640 Speaker 2: growth with the ensuing inflation that will come with it, 24 00:01:05,720 --> 00:01:09,000 Speaker 2: and in that is quite a story of our economy. 25 00:01:09,319 --> 00:01:12,319 Speaker 2: Eckold is suggesting three point three percent GDP this year, that, 26 00:01:12,840 --> 00:01:15,520 Speaker 2: given where we've been, is quite the number. But if 27 00:01:15,520 --> 00:01:17,640 Speaker 2: you take that number and the thought that the Reserve 28 00:01:17,680 --> 00:01:19,880 Speaker 2: Bank is stepping in with interest rate increases, you have 29 00:01:19,959 --> 00:01:24,240 Speaker 2: in those two scenarios singled out our economy's capacity. In 30 00:01:24,360 --> 00:01:27,480 Speaker 2: other words, what's the size of our engine? How much 31 00:01:27,520 --> 00:01:29,560 Speaker 2: can you rever up before a limitter cuts in and 32 00:01:29,640 --> 00:01:32,720 Speaker 2: kills the buzz? And the unfortunate thing is our capacity 33 00:01:32,760 --> 00:01:35,399 Speaker 2: is limited. Our skills are limited, our wages are limited. 34 00:01:35,440 --> 00:01:37,840 Speaker 2: The breadth of goods we produce is limited. So we 35 00:01:37,880 --> 00:01:40,680 Speaker 2: can only do so much with what we've got before. 36 00:01:40,720 --> 00:01:44,080 Speaker 2: At about three ish percent, someone in this case, the 37 00:01:44,200 --> 00:01:47,600 Speaker 2: RB goes time for a rate rise. Labour will be tight, 38 00:01:47,880 --> 00:01:50,000 Speaker 2: demand for wages will be up, spending will have risen, 39 00:01:50,000 --> 00:01:52,080 Speaker 2: demand for imported goods will be off and running, all 40 00:01:52,120 --> 00:01:54,960 Speaker 2: of which is excellent stuff. It may it appear on 41 00:01:55,000 --> 00:01:59,000 Speaker 2: our fiscal horizons asap, but the ideal economy, the broad based, 42 00:01:59,080 --> 00:02:01,720 Speaker 2: high tech, high ski fueled economy can build up a 43 00:02:01,720 --> 00:02:04,440 Speaker 2: greater head of steam for longer before the tension gets 44 00:02:04,440 --> 00:02:06,640 Speaker 2: too great and the brakes have to be applied. So 45 00:02:06,840 --> 00:02:08,880 Speaker 2: it'll be interesting to hear what the good doctor has 46 00:02:08,919 --> 00:02:12,040 Speaker 2: to say about all that today. What we're listening for is, 47 00:02:12,080 --> 00:02:16,000 Speaker 2: broadly is twenty twenty six the year of growth, and 48 00:02:16,080 --> 00:02:18,960 Speaker 2: as twenty twenty six and its year of growth as 49 00:02:19,000 --> 00:02:23,000 Speaker 2: good as it gets, are these twelve months the Golden ones. 50 00:02:23,400 --> 00:02:26,880 Speaker 1: Who news of the world in ninety second. 51 00:02:26,960 --> 00:02:29,360 Speaker 2: Yeah, the world and America in particular is more than 52 00:02:29,440 --> 00:02:30,680 Speaker 2: the passing of Jesse Jackson. 53 00:02:30,840 --> 00:02:34,800 Speaker 4: When you see Jesse Jackson for my name Goeson nomination, 54 00:02:35,639 --> 00:02:39,239 Speaker 4: your name goes in nomination. I was born in a slam, 55 00:02:39,560 --> 00:02:42,239 Speaker 4: for the slam was not born in me, and the 56 00:02:42,320 --> 00:02:44,280 Speaker 4: one born in you and you. 57 00:02:44,240 --> 00:02:44,799 Speaker 3: Can make it. 58 00:02:45,880 --> 00:02:49,079 Speaker 2: He was eighty four diagnosed with Parkinson's back in twenty seventeen. 59 00:02:49,080 --> 00:02:51,120 Speaker 2: Now the Iranians have partially closed the straight up a 60 00:02:51,160 --> 00:02:53,280 Speaker 2: moosover night just to get up everyone's nose as they 61 00:02:53,280 --> 00:02:54,960 Speaker 2: have a word with the Americans in Geneva. 62 00:02:55,160 --> 00:02:58,680 Speaker 5: Ron has always been prepared to engage in meaningful and 63 00:02:58,800 --> 00:03:04,919 Speaker 5: result oriented Nico siations any sustainable agreement must ensure the 64 00:03:04,960 --> 00:03:07,720 Speaker 5: full recognition of Iran's leisure timate rights. 65 00:03:08,080 --> 00:03:10,000 Speaker 2: That was the foreign minister who was more upbig than 66 00:03:10,040 --> 00:03:10,560 Speaker 2: the main guy. 67 00:03:10,800 --> 00:03:14,800 Speaker 6: No, they keep saying we've sent an aircraft carrier towards 68 00:03:14,800 --> 00:03:18,480 Speaker 6: her own very well, an aircraft carrier is certainly a 69 00:03:18,560 --> 00:03:22,000 Speaker 6: dangerous piece of equipment, But more dangerous than the carrier 70 00:03:22,400 --> 00:03:25,440 Speaker 6: is the weapon that can sent that carrier towards the 71 00:03:25,480 --> 00:03:26,320 Speaker 6: bottom of the scene. 72 00:03:26,400 --> 00:03:28,040 Speaker 2: Surely they're going to get rid of that guy soon 73 00:03:28,360 --> 00:03:31,040 Speaker 2: than Britain. The reform as in the party anounced the 74 00:03:31,120 --> 00:03:34,720 Speaker 2: front bench former Tory Ginrick is your potential chancellor. Farage 75 00:03:34,760 --> 00:03:36,600 Speaker 2: also had to address issues around the sinc. 76 00:03:36,520 --> 00:03:40,480 Speaker 7: We'll have those disagreements in private, behind closed doors. Resolve 77 00:03:40,480 --> 00:03:44,240 Speaker 7: our issues. Resolve our disputes that naturally happen when any 78 00:03:44,280 --> 00:03:47,600 Speaker 7: group of human beings come together. But I mean, you 79 00:03:47,640 --> 00:03:51,160 Speaker 7: know I won't tolerate it publicly. We haven't got time. 80 00:03:51,440 --> 00:03:54,560 Speaker 2: To the gut research where the is increasing concern over 81 00:03:54,560 --> 00:03:56,840 Speaker 2: the number of YouTubers and so called journalists who flooded 82 00:03:56,840 --> 00:03:57,119 Speaker 2: the place. 83 00:03:57,400 --> 00:04:00,160 Speaker 8: It's not for someone that just wants to watch to 84 00:04:00,240 --> 00:04:02,200 Speaker 8: news and get a quick RecA it's for the people. 85 00:04:02,240 --> 00:04:03,160 Speaker 4: They can't get enough of it. 86 00:04:03,240 --> 00:04:04,840 Speaker 9: I wanted to make sure that there was enough people 87 00:04:04,880 --> 00:04:07,920 Speaker 9: really spotlight in the case because I'm worried some of 88 00:04:07,960 --> 00:04:10,240 Speaker 9: the authorities haven't been as. 89 00:04:10,320 --> 00:04:11,800 Speaker 10: On top of it is maybe they should have been. 90 00:04:12,560 --> 00:04:14,720 Speaker 2: From the Olympics, at the age of forty one, Alana 91 00:04:14,760 --> 00:04:17,800 Speaker 2: Myers has won the closest Mono Bob Race ever, also 92 00:04:17,839 --> 00:04:19,040 Speaker 2: becomes the oldest to get gold. 93 00:04:19,080 --> 00:04:20,560 Speaker 3: Her kids beside themselves. 94 00:04:20,560 --> 00:04:22,000 Speaker 11: I hope they were able to take it all in 95 00:04:22,240 --> 00:04:24,760 Speaker 11: and really enjoy it, and one day, you know, when 96 00:04:24,760 --> 00:04:27,000 Speaker 11: they're a little bit older, they'll see it and they'll 97 00:04:27,000 --> 00:04:27,560 Speaker 11: know that their. 98 00:04:27,480 --> 00:04:28,479 Speaker 12: Mom was Olympic champion. 99 00:04:28,520 --> 00:04:30,599 Speaker 3: Then they'll know what it means. Right now, I don't 100 00:04:30,600 --> 00:04:32,920 Speaker 3: think they can process it and know what it means exactly. 101 00:04:33,000 --> 00:04:33,560 Speaker 3: I don't care. 102 00:04:33,720 --> 00:04:36,800 Speaker 2: I'd use the world in ninety It doesn't mind. You 103 00:04:36,800 --> 00:04:38,680 Speaker 2: want to believe at old state Britain's in at the 104 00:04:38,680 --> 00:04:41,200 Speaker 2: moment unemployment five point two. Of course, yes we're five 105 00:04:41,240 --> 00:04:43,680 Speaker 2: point four, which makes us even more believed, but it's 106 00:04:43,720 --> 00:04:46,000 Speaker 2: gone up again at sixteen to twenty four year old 107 00:04:46,200 --> 00:04:50,000 Speaker 2: sixteen point one percent. Having said that wages are still 108 00:04:50,080 --> 00:04:54,160 Speaker 2: rising faster than prices, but only just eleven past six. 109 00:04:56,320 --> 00:05:00,920 Speaker 1: The Mic Asking Breakfast Full Show podcast on Radio Cow. 110 00:05:01,040 --> 00:05:05,440 Speaker 1: If the news talks. 111 00:05:04,960 --> 00:05:08,719 Speaker 2: Good morning from India, the tech companies must now be 112 00:05:08,839 --> 00:05:11,359 Speaker 2: seriously worried. So yeah, it started with Australia. This is 113 00:05:11,360 --> 00:05:13,279 Speaker 2: the band on the under sixteens, and then it moved 114 00:05:13,279 --> 00:05:15,640 Speaker 2: to the UK and it's gone to Denmark and et cetera. 115 00:05:15,760 --> 00:05:18,479 Speaker 2: So it goes India this morning. Have said we're thinking 116 00:05:18,520 --> 00:05:21,000 Speaker 2: about it too, and that's one point four billion people 117 00:05:21,000 --> 00:05:23,400 Speaker 2: obviously not below sixteen, but it's got. 118 00:05:23,320 --> 00:05:24,480 Speaker 3: To have the tech companies worried. 119 00:05:24,520 --> 00:05:28,560 Speaker 2: Fourteen pars second right, I'm sure in partner's Andrew Keller ha, 120 00:05:28,640 --> 00:05:32,080 Speaker 2: good morning, very very good morning, Mike boemchuck of Lucka 121 00:05:32,120 --> 00:05:34,680 Speaker 2: laka Lucka. I mean, come on, dairy, come to the party. 122 00:05:34,880 --> 00:05:36,160 Speaker 2: Just got to move the needle, doesn't it. 123 00:05:36,640 --> 00:05:36,760 Speaker 13: Oh? 124 00:05:36,920 --> 00:05:37,400 Speaker 3: I think so. 125 00:05:37,560 --> 00:05:41,239 Speaker 14: It's so another global dairy trade update overnight and after 126 00:05:41,279 --> 00:05:43,320 Speaker 14: what has been Mike, you'd have to describe it as 127 00:05:43,360 --> 00:05:45,480 Speaker 14: a very strong starts of the year, wouldn't it. A 128 00:05:45,520 --> 00:05:48,040 Speaker 14: whole thing will look like it was sort of an 129 00:05:48,040 --> 00:05:51,880 Speaker 14: accelerating decline before Christmas. You had that continual weakness and 130 00:05:52,200 --> 00:05:54,080 Speaker 14: global dairy trade results then you had a bit of 131 00:05:54,120 --> 00:05:56,920 Speaker 14: a spectacular turnaround on the sixth of January. 132 00:05:57,400 --> 00:05:58,320 Speaker 3: Another big move in. 133 00:05:58,320 --> 00:06:01,239 Speaker 14: Early February as well, and last week the Global Dairy 134 00:06:01,279 --> 00:06:04,560 Speaker 14: Trade Pulse auction seem to indicate that the demand was 135 00:06:04,600 --> 00:06:07,800 Speaker 14: still there. That has been evidenced again overnight a three 136 00:06:07,800 --> 00:06:10,960 Speaker 14: point six percent rise in the Global Dairy Trade Index, 137 00:06:11,279 --> 00:06:14,040 Speaker 14: So that index now recovering most of the ground from 138 00:06:14,080 --> 00:06:16,640 Speaker 14: the weakness that we saw in the last quarter of 139 00:06:16,680 --> 00:06:20,000 Speaker 14: twenty twenty five. And fortunately for all the coissant lovers 140 00:06:20,000 --> 00:06:23,120 Speaker 14: out there, you've had a ten point seven percent lift 141 00:06:23,160 --> 00:06:27,000 Speaker 14: in butter that's average price. There's six three hundred and 142 00:06:27,080 --> 00:06:30,240 Speaker 14: forty seven dollars that fell in December two five thousand, 143 00:06:30,360 --> 00:06:34,599 Speaker 14: so material bounds there. Mozzrella up five percent, your key products, 144 00:06:34,600 --> 00:06:36,760 Speaker 14: three percent lift in skim milk powder, two and a 145 00:06:36,800 --> 00:06:38,920 Speaker 14: half percent lift in whole milk powder. 146 00:06:39,320 --> 00:06:40,800 Speaker 3: Skim milk powder has been the. 147 00:06:40,760 --> 00:06:43,840 Speaker 14: Star recently that is now hitting levels we haven't seen 148 00:06:43,920 --> 00:06:47,120 Speaker 14: since twenty twenty two, so going back quite a long way. 149 00:06:47,320 --> 00:06:50,960 Speaker 14: Whole milkpowder not quite as notable material lift from those 150 00:06:51,000 --> 00:06:53,800 Speaker 14: December lows. So yeah, that milk pound gate milk price 151 00:06:53,880 --> 00:06:57,320 Speaker 14: now looking very solid. So you are looking ahead to 152 00:06:57,480 --> 00:07:00,640 Speaker 14: more good cashlows for the rural sector. In importantly, the 153 00:07:00,680 --> 00:07:05,039 Speaker 14: supply demand balance seems to indicate demand is still robust. 154 00:07:05,120 --> 00:07:05,480 Speaker 3: Correct. 155 00:07:05,520 --> 00:07:07,280 Speaker 2: One of the banks went back to mid point nine 156 00:07:07,279 --> 00:07:09,880 Speaker 2: point fifty. So I think we'll hear from Fonterra on that. Now, 157 00:07:10,400 --> 00:07:12,240 Speaker 2: Anna come on in what you gotta say? 158 00:07:12,240 --> 00:07:12,800 Speaker 13: Do you reckon? 159 00:07:13,120 --> 00:07:13,480 Speaker 3: Well? 160 00:07:13,640 --> 00:07:15,440 Speaker 14: Yeah, they step up the ovens and step up and 161 00:07:15,480 --> 00:07:19,000 Speaker 14: informanst of their view on inflation, where the OCR should be, 162 00:07:19,160 --> 00:07:22,240 Speaker 14: most importantly, where they think it's going to go. Now, look, 163 00:07:22,480 --> 00:07:24,760 Speaker 14: the only comment I've making this we tend to fixate 164 00:07:24,840 --> 00:07:27,360 Speaker 14: a little bit on the level of the OCR, don't we. 165 00:07:27,480 --> 00:07:31,200 Speaker 14: I think overly so sometimes because need I remind everyone 166 00:07:31,560 --> 00:07:34,800 Speaker 14: the country and the economy has performed very well historically 167 00:07:35,080 --> 00:07:38,000 Speaker 14: with an OCR set higher than two and a quarter percent. 168 00:07:38,120 --> 00:07:41,120 Speaker 14: So but be that as is, mate, it's important. Look 169 00:07:41,160 --> 00:07:43,360 Speaker 14: this is also this is not just an OCR review, 170 00:07:43,400 --> 00:07:45,640 Speaker 14: it's a full monetary policy statement. So there's a bit 171 00:07:45,680 --> 00:07:48,760 Speaker 14: of an exercise in reading this afternoon, And contrary to 172 00:07:48,800 --> 00:07:50,880 Speaker 14: modern day thinking, I think you need to read it, 173 00:07:51,160 --> 00:07:53,559 Speaker 14: not just do an AI summary. But then again, maybe 174 00:07:53,560 --> 00:07:57,840 Speaker 14: I'm a dinosaur. Look for commentators, interesting parties, economists. It's 175 00:07:57,840 --> 00:08:00,880 Speaker 14: also first time for the new government under the spotlight, 176 00:08:00,960 --> 00:08:03,440 Speaker 14: so there'll be an element of getting used to a 177 00:08:03,480 --> 00:08:06,280 Speaker 14: new person at the helm. It's a tricky statement, Mike. 178 00:08:06,320 --> 00:08:09,680 Speaker 14: It's the first in monthly policy committee meeting without the 179 00:08:09,720 --> 00:08:13,000 Speaker 14: old guard of ore and hawksby. But the trickiness not 180 00:08:13,200 --> 00:08:15,880 Speaker 14: so much around the level of the official cash rate 181 00:08:15,960 --> 00:08:18,080 Speaker 14: that's staying at two and a quarter, but around how 182 00:08:18,120 --> 00:08:21,880 Speaker 14: they are seeing economic development. And so here's the key 183 00:08:22,000 --> 00:08:25,120 Speaker 14: questions the market's looking for. How are they're viewing stronger growth. 184 00:08:25,480 --> 00:08:28,600 Speaker 14: How are they viewing a highest starting point for inflation 185 00:08:28,680 --> 00:08:30,880 Speaker 14: because it's now over the band at three point one. 186 00:08:31,320 --> 00:08:33,960 Speaker 14: What's their assessment I think you were talking just now 187 00:08:34,000 --> 00:08:37,600 Speaker 14: about the growth potential. What's their assessment of that growth potential? 188 00:08:37,640 --> 00:08:41,640 Speaker 14: How fast can we grow without creating inflationary pressure? What's 189 00:08:41,679 --> 00:08:44,880 Speaker 14: the view on spare capacity? We assume that further easing 190 00:08:44,960 --> 00:08:47,720 Speaker 14: is off the table. Look, all will be revealed and 191 00:08:47,720 --> 00:08:49,960 Speaker 14: we'll give you a full report tomorrow morning. 192 00:08:50,200 --> 00:08:50,959 Speaker 3: And can't wait. 193 00:08:51,160 --> 00:08:53,760 Speaker 2: Yeah, now it's going to be good afternoon food. So 194 00:08:53,920 --> 00:08:56,560 Speaker 2: everyone focused on the chocolate, which is the usual idiot, 195 00:08:56,720 --> 00:08:59,680 Speaker 2: the usual idiotcy around it. But they're interesting numbers something. 196 00:08:59,679 --> 00:09:03,000 Speaker 2: When something's happened in January, hasn't it January has gone weird. 197 00:09:03,280 --> 00:09:03,959 Speaker 3: It's gone weird. 198 00:09:03,960 --> 00:09:05,880 Speaker 14: We're seeing sort of quite we're seeing a sort of 199 00:09:05,880 --> 00:09:09,280 Speaker 14: an unusual sort of move in data. Sort of inflation 200 00:09:09,360 --> 00:09:11,400 Speaker 14: really is the key stats to use it for the 201 00:09:11,480 --> 00:09:14,120 Speaker 14: RBNZAIS Stats New Zealand release. These are the selected price 202 00:09:14,200 --> 00:09:17,360 Speaker 14: indexes yesterday, so you've got roughly fifty percent of the 203 00:09:17,360 --> 00:09:20,480 Speaker 14: components in there. Yeah, food prices have jumped quite a 204 00:09:20,559 --> 00:09:23,240 Speaker 14: chunky two and a half percent in January, but that 205 00:09:23,320 --> 00:09:25,920 Speaker 14: was following a zero point three percent fall in December. 206 00:09:26,200 --> 00:09:28,960 Speaker 14: So you've now got annual food price inflation at sort 207 00:09:28,960 --> 00:09:31,800 Speaker 14: of four point six percent, So I you know, that's 208 00:09:31,880 --> 00:09:35,440 Speaker 14: kind of a little bit problematic, and we're just we're 209 00:09:35,440 --> 00:09:38,320 Speaker 14: always interested in the categories meat, poultry and fish up 210 00:09:38,360 --> 00:09:41,160 Speaker 14: eight point nine percent, the grocery food group up four percent. 211 00:09:41,720 --> 00:09:45,120 Speaker 14: Global demand for protein, that's if you're a beef and porterhouse, 212 00:09:45,120 --> 00:09:48,240 Speaker 14: Serlo and steak eater, it's up almost twenty three percent. 213 00:09:48,280 --> 00:09:51,200 Speaker 14: And we've got the usual we've got the usual conniptions 214 00:09:51,240 --> 00:09:53,480 Speaker 14: around what's happening with white bread, which is up fifty 215 00:09:53,480 --> 00:09:55,120 Speaker 14: seven point nine percent. You know, the arms of their 216 00:09:55,160 --> 00:09:59,080 Speaker 14: donating dead takeaway coffee. I thought this will be interesting. 217 00:09:59,200 --> 00:10:03,040 Speaker 14: Average price of takeaway coffee five dollars sixteen a cup, 218 00:10:03,520 --> 00:10:05,920 Speaker 14: which I think is still kind of okay, and the 219 00:10:06,000 --> 00:10:09,040 Speaker 14: last commodore would make Mike the rubbish. The rubbish is 220 00:10:09,080 --> 00:10:12,760 Speaker 14: still is cheaper soft drinks and potato chips. They're going 221 00:10:12,800 --> 00:10:15,120 Speaker 14: down in Valley. The good stuff's going up. It makes 222 00:10:15,120 --> 00:10:15,839 Speaker 14: no sense. 223 00:10:15,800 --> 00:10:18,760 Speaker 2: Now, it does not. What are the numbers the Dow Jones? 224 00:10:19,040 --> 00:10:23,120 Speaker 14: So US markets are relatively stable. The Dow Jones is 225 00:10:23,200 --> 00:10:26,120 Speaker 14: up five points, which is nothing really forty nine thousand, 226 00:10:26,160 --> 00:10:28,080 Speaker 14: five hundred and seven, and the S and P five 227 00:10:28,120 --> 00:10:30,880 Speaker 14: hundred pretty much unchanged as well, six eight three seven, 228 00:10:31,400 --> 00:10:32,920 Speaker 14: a small loss at the moment. 229 00:10:32,960 --> 00:10:34,920 Speaker 3: On the Nastuk is down thirty five points. 230 00:10:35,080 --> 00:10:38,559 Speaker 14: That's point one five percent twenty two thousand, five hundred 231 00:10:38,600 --> 00:10:41,400 Speaker 14: and twelve. The Foot two one hundred had a good night, 232 00:10:41,520 --> 00:10:44,079 Speaker 14: up eighty two points point eight percent ten thousand and 233 00:10:44,120 --> 00:10:47,960 Speaker 14: five five six. The Nicke was down point four percent 234 00:10:48,040 --> 00:10:50,880 Speaker 14: fifty six thousand, five hundred and sixty six. All our 235 00:10:50,880 --> 00:10:54,199 Speaker 14: good friends in China are still enjoying the Chinese New Year, 236 00:10:54,240 --> 00:10:57,360 Speaker 14: so no update there. The ausissstay gained about quarter of 237 00:10:57,360 --> 00:10:59,840 Speaker 14: a percent eight nine five eight the close. The interdects 238 00:10:59,840 --> 00:11:03,760 Speaker 14: few unfortunately fell two thirds of percent eighty six points 239 00:11:03,880 --> 00:11:07,080 Speaker 14: thirteen thousand and thirty one Kiwi dollar on the wholesale 240 00:11:07,080 --> 00:11:11,640 Speaker 14: markets points six to six against the US dollar, point 241 00:11:11,679 --> 00:11:14,400 Speaker 14: eight five three six against oussie point five to nine 242 00:11:14,520 --> 00:11:17,400 Speaker 14: four Euro point four four to five two against the pound, 243 00:11:17,720 --> 00:11:20,360 Speaker 14: ninety two point five to five. Japanese yen bitcoins still 244 00:11:20,400 --> 00:11:23,640 Speaker 14: under pressure. Gold is trading at four thousand, eight hundred 245 00:11:23,640 --> 00:11:27,480 Speaker 14: and seventy five dollars and Brent crewed sixty seven dollars 246 00:11:27,720 --> 00:11:28,959 Speaker 14: and seventeen cents. 247 00:11:29,040 --> 00:11:31,040 Speaker 2: Look forward to catching up tomorrow. Andrew Keller has Shore 248 00:11:31,160 --> 00:11:36,400 Speaker 2: End Partners. Netflix has granted w B D Warner Brothers 249 00:11:36,400 --> 00:11:38,840 Speaker 2: Discovery a seven day waiver to reopen a deal talk 250 00:11:38,840 --> 00:11:41,240 Speaker 2: with the paramount. Paramount says that thirty dollars, which is 251 00:11:41,240 --> 00:11:43,959 Speaker 2: all cash, is not their best and final, So WBD 252 00:11:44,160 --> 00:11:46,079 Speaker 2: is having a special meeting of your following this. It's 253 00:11:46,120 --> 00:11:51,600 Speaker 2: sort of got convoluted, complicated, but also remains interesting. BHP, 254 00:11:51,800 --> 00:11:53,240 Speaker 2: just to give you an idea of what's going on 255 00:11:53,280 --> 00:11:56,240 Speaker 2: in copper, BHP of the world's biggest minor. Of course, 256 00:11:56,320 --> 00:11:58,800 Speaker 2: they came in with some numbers. Half year profits up 257 00:11:58,800 --> 00:12:03,680 Speaker 2: twenty eight percent. They've leaned into copper revenues up eleven percent, 258 00:12:03,720 --> 00:12:06,520 Speaker 2: so the revenue was twenty seven point nine just for 259 00:12:06,559 --> 00:12:10,920 Speaker 2: the quarter twenty seven point nine billion. Their profit for 260 00:12:11,000 --> 00:12:16,760 Speaker 2: the quarter eight billion dollars six twenty one and a 261 00:12:16,880 --> 00:12:18,280 Speaker 2: half of used talk. 262 00:12:18,160 --> 00:12:23,960 Speaker 1: Zbo, the Vike Hosking Breakfast Full Show podcast on iHeartRadio 263 00:12:24,240 --> 00:12:25,640 Speaker 1: powered by News talks ITB. 264 00:12:26,800 --> 00:12:29,520 Speaker 2: Here's a Chris Bishop's on after seven o'clock this morning. 265 00:12:29,520 --> 00:12:31,600 Speaker 2: But here's the deal. I'm happy on this Auckland Harbor 266 00:12:31,640 --> 00:12:32,959 Speaker 2: Bridge because no one in the rest of the country 267 00:12:32,960 --> 00:12:35,319 Speaker 2: gives the monkeys, but the Auckland. Auckland is the engine 268 00:12:35,360 --> 00:12:37,120 Speaker 2: room of the economy. There's one and a half million people. 269 00:12:37,160 --> 00:12:39,640 Speaker 2: Blah blah blah. I'm happy to pay the nine bucks 270 00:12:39,960 --> 00:12:42,199 Speaker 2: if you stop closing it down at seventy k wind gusts, 271 00:12:42,320 --> 00:12:45,040 Speaker 2: all right, get rid of the morons who close the bridge, 272 00:12:45,080 --> 00:12:48,160 Speaker 2: Sack all them. Get rid of those morons, and I'm 273 00:12:48,160 --> 00:12:50,960 Speaker 2: happy to pay you nine bucks. The bridge never closes again, 274 00:12:51,000 --> 00:12:51,800 Speaker 2: six twenty five. 275 00:12:52,200 --> 00:12:57,040 Speaker 1: Trending now with gemmat Warehouse stop paying too much. 276 00:12:56,840 --> 00:12:59,160 Speaker 2: Now every time we have a winter Olympics we reflect 277 00:12:59,160 --> 00:13:02,480 Speaker 2: on Yarnig. Of course this is two thousand and six. 278 00:13:02,520 --> 00:13:05,360 Speaker 2: He is a Frenchman. He was competing in the downhill skiing. 279 00:13:06,160 --> 00:13:08,560 Speaker 15: Now it's the Frenchman Yaniquebertrang. 280 00:13:10,440 --> 00:13:13,480 Speaker 9: Through the s turn Yannique Pertrang. 281 00:13:19,240 --> 00:13:23,680 Speaker 16: Oh the gate to the groin for Yannikbardron, and you 282 00:13:23,760 --> 00:13:27,480 Speaker 16: could hear it, and if you're a man, you could 283 00:13:27,520 --> 00:13:27,920 Speaker 16: feel it. 284 00:13:28,080 --> 00:13:31,080 Speaker 13: Foul. Watch this again, Oh. 285 00:13:30,760 --> 00:13:33,520 Speaker 12: The Frenchman, Oh missieu. 286 00:13:35,400 --> 00:13:37,640 Speaker 13: Wow, the boys took a beating on that one. 287 00:13:40,960 --> 00:13:43,400 Speaker 2: The food price is coming up. Here's the thing. Here's 288 00:13:43,440 --> 00:13:45,199 Speaker 2: I keep saying the same thing. But here's the good 289 00:13:45,240 --> 00:13:47,440 Speaker 2: news about the food prices. And there is something I'm 290 00:13:47,480 --> 00:13:50,800 Speaker 2: right hand about January. Something happened in January that I 291 00:13:50,840 --> 00:13:53,440 Speaker 2: can't figure out from the previous January. So we've had housing, 292 00:13:53,480 --> 00:13:57,520 Speaker 2: there's been a problem, Food's been a problem, consumer confidence 293 00:13:57,559 --> 00:13:59,520 Speaker 2: has been a problem, and spending has been a problem 294 00:13:59,559 --> 00:14:01,920 Speaker 2: all in January. So as we went away to Christmas, 295 00:14:02,400 --> 00:14:06,439 Speaker 2: things were looking better and we were upbeat. Every economist 296 00:14:06,559 --> 00:14:08,839 Speaker 2: I talk to from every bank in this country still 297 00:14:08,840 --> 00:14:11,600 Speaker 2: says these are just singular months. It's one month. Don't 298 00:14:11,600 --> 00:14:13,880 Speaker 2: freak out about it. It's no big deal. The move 299 00:14:14,000 --> 00:14:16,520 Speaker 2: is on, but something happened in January. I can't get 300 00:14:16,520 --> 00:14:18,360 Speaker 2: my head around it. So two and a half percent 301 00:14:18,400 --> 00:14:21,880 Speaker 2: for January for food prices not good. Four point six 302 00:14:21,920 --> 00:14:24,320 Speaker 2: for the year. Still not where you want it to be, 303 00:14:24,400 --> 00:14:26,680 Speaker 2: but it's not as bad as it has been obviously, 304 00:14:27,200 --> 00:14:30,080 Speaker 2: and is trending broadly speaking, towards where we need it 305 00:14:30,120 --> 00:14:32,280 Speaker 2: to be, which is two or three percent or thereabouts 306 00:14:32,800 --> 00:14:36,600 Speaker 2: as usual, though the gormless focus on things like chocolate 307 00:14:36,640 --> 00:14:38,840 Speaker 2: and they go, oh, chocolate boxes are up sixty two 308 00:14:38,920 --> 00:14:43,560 Speaker 2: point eight percent. Small piece of advice. Don't buy them 309 00:14:43,800 --> 00:14:46,800 Speaker 2: and you'll be amazed what it does to your inflationary story. 310 00:14:47,560 --> 00:14:49,760 Speaker 2: The upside, or the other side that I can't get 311 00:14:49,800 --> 00:14:52,120 Speaker 2: across to some people is eight point nine percent on meat, 312 00:14:52,160 --> 00:14:54,040 Speaker 2: poultry and fish. You know why, of course, because we're 313 00:14:54,040 --> 00:14:56,240 Speaker 2: selling the beef and the lamb to the world, and 314 00:14:56,280 --> 00:14:58,280 Speaker 2: the world wants to pay more for it. That's good 315 00:14:58,280 --> 00:15:01,360 Speaker 2: for New Zealand inc. Good for you and me. But 316 00:15:01,440 --> 00:15:03,960 Speaker 2: there's reasons and rationales behind all of this, and I 317 00:15:03,960 --> 00:15:06,720 Speaker 2: don't think we necessarily need to blame the supermarkets, although 318 00:15:06,760 --> 00:15:09,080 Speaker 2: having said that, I bet you our next guest after 319 00:15:09,120 --> 00:15:11,640 Speaker 2: six thirty will indeed blame the supermarkets. 320 00:15:11,800 --> 00:15:17,240 Speaker 1: Let's see the newsmakers and the personalities, the big names. 321 00:15:17,320 --> 00:15:21,080 Speaker 1: Talk to Mike the mic asking breakfast with al Vida, 322 00:15:21,200 --> 00:15:24,680 Speaker 1: Retirement communities, Life your Way News, togs Head been. 323 00:15:24,760 --> 00:15:27,240 Speaker 2: At full story continues into the new year. Matt Winner, 324 00:15:27,440 --> 00:15:30,440 Speaker 2: the chair and three board members have decided to wide go, 325 00:15:30,840 --> 00:15:33,080 Speaker 2: so we'll talk with Matt winnerre happens to be in Japan, 326 00:15:33,120 --> 00:15:35,040 Speaker 2: staying up late for seats with us after seven o'clock 327 00:15:35,080 --> 00:15:35,400 Speaker 2: this morning. 328 00:15:35,400 --> 00:15:36,000 Speaker 3: Then time back here. 329 00:15:36,040 --> 00:15:38,200 Speaker 2: I'd Richard Arnold by the way, the death of Jesse Jackson, 330 00:15:38,240 --> 00:15:40,800 Speaker 2: of course, twenty three minutes away from seven. As we mentioned, 331 00:15:40,800 --> 00:15:43,360 Speaker 2: food prices back in the Headache Territory, Jen numbers pop 332 00:15:43,440 --> 00:15:45,200 Speaker 2: two and a half of the month, which is unusually 333 00:15:45,240 --> 00:15:47,320 Speaker 2: big four point six for the Yearsoux Chapman is the 334 00:15:47,400 --> 00:15:49,320 Speaker 2: chair of the Gross Reaction Group and is with us. 335 00:15:49,360 --> 00:15:52,560 Speaker 2: Sue morning, good morning. Is there any point in angsting 336 00:15:52,600 --> 00:15:55,160 Speaker 2: about this? I mean, most of this for your personal 337 00:15:55,200 --> 00:15:57,640 Speaker 2: inflation you can work your way around. You don't have 338 00:15:57,720 --> 00:16:00,720 Speaker 2: to buy it? Or am I being unfair and ludicrous? 339 00:16:00,760 --> 00:16:01,040 Speaker 16: You are? 340 00:16:01,280 --> 00:16:06,000 Speaker 17: Yeah, well all of those things. But look, some of 341 00:16:06,040 --> 00:16:10,000 Speaker 17: it is out of control, you know, out of you know, 342 00:16:10,040 --> 00:16:12,920 Speaker 17: anyone's control. I mean, the fact that chocolate is up 343 00:16:13,040 --> 00:16:16,960 Speaker 17: hugely is because you know, there's a shortage of cocoa 344 00:16:17,040 --> 00:16:20,400 Speaker 17: and the fact that we're paying more than thirty thirty 345 00:16:20,440 --> 00:16:22,480 Speaker 17: two cents or something more than we were paying for 346 00:16:22,520 --> 00:16:26,120 Speaker 17: coffee a year a year ago. There's a big worldwide 347 00:16:26,120 --> 00:16:30,680 Speaker 17: support shortage of coffee beans and huge demand for it. 348 00:16:31,040 --> 00:16:35,160 Speaker 17: I suppose part of the issue is here for New 349 00:16:35,240 --> 00:16:38,200 Speaker 17: Zealanders because a lot of this is around fresh fruit 350 00:16:38,240 --> 00:16:40,960 Speaker 17: and vegetables, which at this time of the year you know, 351 00:16:41,040 --> 00:16:44,560 Speaker 17: should be at its cheapest. So I suppose part of 352 00:16:44,600 --> 00:16:48,240 Speaker 17: it will be some of the storm damage leading into 353 00:16:48,440 --> 00:16:49,400 Speaker 17: the harvest. 354 00:16:50,240 --> 00:16:52,320 Speaker 2: That's what I'm saying. So there's nothing there's a lot 355 00:16:52,320 --> 00:16:54,560 Speaker 2: of this stuff. I can explain most of the stuff away, 356 00:16:55,120 --> 00:16:57,080 Speaker 2: and it's it's nothing we can do about it. So 357 00:16:57,160 --> 00:17:00,520 Speaker 2: you've done chocolate, you've done coffee. The storm damage does 358 00:17:00,520 --> 00:17:04,040 Speaker 2: fruit and vegetables. Some fruit vegetables come down, some go up. 359 00:17:04,359 --> 00:17:07,760 Speaker 2: Restaurant meals. They're well within the band. Alcohol's well within 360 00:17:07,800 --> 00:17:09,720 Speaker 2: the band. You know, you take into things like rent 361 00:17:09,760 --> 00:17:11,560 Speaker 2: and all that sort of stuff. It's you know, it's 362 00:17:11,600 --> 00:17:15,399 Speaker 2: actually going backwards. It's just an observational thing. It is 363 00:17:15,480 --> 00:17:16,520 Speaker 2: what it is, isn't it. 364 00:17:17,040 --> 00:17:21,760 Speaker 17: Look I suspect part you're right, But what I would 365 00:17:21,840 --> 00:17:25,560 Speaker 17: also say is that you know, New Zealand does have 366 00:17:25,800 --> 00:17:29,320 Speaker 17: very high grocery prices. And I know you and I 367 00:17:29,359 --> 00:17:32,640 Speaker 17: disagree on this, but you know that's partly because there 368 00:17:32,680 --> 00:17:36,760 Speaker 17: is no competition and supermarkets can do what they like, 369 00:17:37,000 --> 00:17:41,440 Speaker 17: and in this situation they are doing that because arguably 370 00:17:41,760 --> 00:17:45,040 Speaker 17: this is the time when fresh fruit and vegetables should 371 00:17:45,040 --> 00:17:47,560 Speaker 17: be down in price, and we can see that tomatoes are, 372 00:17:48,000 --> 00:17:51,560 Speaker 17: but pretty much nothing else is. And we've also got 373 00:17:51,640 --> 00:17:56,680 Speaker 17: very high prices for meat, poultry, and fish. Now we're 374 00:17:56,720 --> 00:18:00,400 Speaker 17: good at all of those things, but we're paying international prices. 375 00:18:00,440 --> 00:18:02,720 Speaker 2: But that's good though, I mean, it's not real you 376 00:18:02,800 --> 00:18:04,159 Speaker 2: and I are paying them. But it's good that we 377 00:18:04,200 --> 00:18:06,639 Speaker 2: sell internationally for a high price because that's what we 378 00:18:06,680 --> 00:18:08,560 Speaker 2: do as a country indeed. 379 00:18:08,600 --> 00:18:11,320 Speaker 17: But we also you know, we've also got fact that 380 00:18:11,440 --> 00:18:14,800 Speaker 17: fuel prices are down, so you can't argue that you know, 381 00:18:14,840 --> 00:18:17,159 Speaker 17: there's a problem getting this stuff around the country or 382 00:18:17,160 --> 00:18:20,000 Speaker 17: anything like that. So I would say that, you know, 383 00:18:20,119 --> 00:18:23,800 Speaker 17: factoring into this is also we pay high prices because 384 00:18:23,840 --> 00:18:28,280 Speaker 17: there's no competition and groceries our supermarkets can pretty much 385 00:18:28,359 --> 00:18:30,000 Speaker 17: take the margins they want to take. 386 00:18:30,320 --> 00:18:32,359 Speaker 2: Given what you've said, what you've said, and given what 387 00:18:32,440 --> 00:18:35,080 Speaker 2: Nikola Willis says what she says, and you're roughly on 388 00:18:35,119 --> 00:18:35,680 Speaker 2: the same page. 389 00:18:35,720 --> 00:18:36,800 Speaker 3: Has anything actually changed? 390 00:18:36,800 --> 00:18:38,720 Speaker 2: Will we just into a whole new year of complaining 391 00:18:38,760 --> 00:18:40,800 Speaker 2: more about the same old problem which isn't getting fixed 392 00:18:40,880 --> 00:18:42,159 Speaker 2: or changed or anything. 393 00:18:43,119 --> 00:18:46,760 Speaker 17: Look, I'm hoping not. But you know, Nicola Willis talked 394 00:18:46,760 --> 00:18:49,160 Speaker 17: the big game last year when she took over as 395 00:18:49,520 --> 00:18:53,640 Speaker 17: Grocery Minister and that you know, divestment of some stores 396 00:18:53,680 --> 00:18:55,720 Speaker 17: could be on the table if nothing else were it. 397 00:18:57,040 --> 00:18:59,240 Speaker 17: She asked for report which was meant to be given 398 00:18:59,240 --> 00:19:02,040 Speaker 17: to her for Chris must We haven't seen anything from that. 399 00:19:03,040 --> 00:19:05,840 Speaker 17: She's made some changes, but all of those sort of 400 00:19:06,520 --> 00:19:10,240 Speaker 17: behavior type changes, and while they're nice to have, nothing 401 00:19:10,280 --> 00:19:12,840 Speaker 17: has changed for New Zealand shoppers as we speak. So 402 00:19:13,240 --> 00:19:16,560 Speaker 17: I'm hoping that twenty twenty six will mean there is 403 00:19:16,680 --> 00:19:19,520 Speaker 17: some pressure because there is an election, But I'm not 404 00:19:19,560 --> 00:19:20,280 Speaker 17: holding my breath. 405 00:19:20,520 --> 00:19:22,159 Speaker 2: Nice to talk to you, Sue Chepman, who is the 406 00:19:22,280 --> 00:19:25,800 Speaker 2: chair of the Grocery Action Group Richard Arndelis, but moments away, 407 00:19:25,800 --> 00:19:27,880 Speaker 2: it's nineteen to seven the. 408 00:19:28,000 --> 00:19:32,520 Speaker 1: Mike Hosking Breakfast Full Show podcast on iHeartRadio powered by 409 00:19:32,600 --> 00:19:33,399 Speaker 1: News Talks. 410 00:19:33,160 --> 00:19:36,000 Speaker 2: It be now you know the story with KI we say, 411 00:19:36,080 --> 00:19:39,160 Speaker 2: but long term strategy, it's not something that you check 412 00:19:39,200 --> 00:19:41,000 Speaker 2: on every five minutes like the weather. You stick with it, 413 00:19:41,040 --> 00:19:43,119 Speaker 2: you stay the course, and those long term strategies do 414 00:19:43,240 --> 00:19:45,359 Speaker 2: make a difference in the end. That's exactly why having 415 00:19:45,400 --> 00:19:49,400 Speaker 2: active managers, people like the good people at Milford, that's 416 00:19:49,400 --> 00:19:51,080 Speaker 2: why it matters. These guys are working every day for 417 00:19:51,119 --> 00:19:53,600 Speaker 2: long term games on behalf of their clients. And the 418 00:19:53,600 --> 00:19:55,640 Speaker 2: proof is in the performance. Now Milford has had top 419 00:19:55,640 --> 00:19:59,000 Speaker 2: performing funds over the past ten years. Doesn't happen by accident. 420 00:19:58,640 --> 00:20:01,640 Speaker 3: Of course. So if you're in Keywi, stay focused. 421 00:20:01,320 --> 00:20:03,280 Speaker 2: On the long game, stick with that plan, make the 422 00:20:03,280 --> 00:20:05,679 Speaker 2: most of the expertise that's out there. Let time do 423 00:20:05,800 --> 00:20:08,000 Speaker 2: the heavy lifting. So if you're not in qywsavor yet, 424 00:20:08,280 --> 00:20:11,760 Speaker 2: check out Milford free online or in person qysaber Advice. 425 00:20:12,119 --> 00:20:13,920 Speaker 2: You're in it for the long run. So are they. 426 00:20:14,000 --> 00:20:16,600 Speaker 2: Milford Asset dot com, Ford slash kewisaber. You got that 427 00:20:17,040 --> 00:20:20,879 Speaker 2: Milford Asset dot com, Ford slash kewisaber. Past performance not 428 00:20:20,920 --> 00:20:23,800 Speaker 2: a reliable indicator of future performance. Milford Funds Limited is 429 00:20:23,840 --> 00:20:26,399 Speaker 2: the issuer of the Milford Kewsaber Plan, so that's at 430 00:20:26,440 --> 00:20:30,400 Speaker 2: Milford Asset dot com. Read the Milford Saber Qisaber Plan 431 00:20:30,480 --> 00:20:34,720 Speaker 2: product disclosure statement and Milford's Financial Advice Provider disclosure statement 432 00:20:34,840 --> 00:20:37,639 Speaker 2: as well. LASKI like supply and demand for fruit and 433 00:20:37,720 --> 00:20:40,120 Speaker 2: veg bed whether recently has pushed the prices. 434 00:20:39,880 --> 00:20:42,560 Speaker 3: Up, You can explain. And look, don't get me wrong. 435 00:20:42,640 --> 00:20:44,879 Speaker 2: No one likes to pay more than they would like 436 00:20:44,960 --> 00:20:48,760 Speaker 2: to pay for anything. But you can explain every single 437 00:20:48,840 --> 00:20:53,080 Speaker 2: one of those numbers, from chocolate shortage, coffee shortage, beef 438 00:20:53,200 --> 00:20:57,120 Speaker 2: selling internationally, fruit and vegetables, weather related, you can explain 439 00:20:57,240 --> 00:21:00,280 Speaker 2: every single one of them without a conspiracy. 440 00:21:00,320 --> 00:21:04,680 Speaker 1: Six forty five International correspondence with ends and eye insurance 441 00:21:04,840 --> 00:21:06,919 Speaker 1: Peace of mind for New Zealand business Rich. 442 00:21:06,760 --> 00:21:10,080 Speaker 2: Donald's side by, Hey there, Michael, one of the groats. 443 00:21:10,119 --> 00:21:11,160 Speaker 3: Surely yeap. 444 00:21:11,280 --> 00:21:11,879 Speaker 18: He was a unique. 445 00:21:11,960 --> 00:21:15,639 Speaker 19: Jesse Jackson, the most influential African American leader in the 446 00:21:15,640 --> 00:21:18,320 Speaker 19: period that spanned the emergence of doctor Martin Luther King 447 00:21:18,400 --> 00:21:20,960 Speaker 19: Junior and the election as president. In no way to 448 00:21:21,000 --> 00:21:24,560 Speaker 19: Barack Obama. Jackson ran for president twice himself, carried the 449 00:21:24,600 --> 00:21:28,280 Speaker 19: torch for civil rights reforms, economic growth inverting rights. He 450 00:21:28,320 --> 00:21:30,280 Speaker 19: died in his sleep early this morning, at the age 451 00:21:30,280 --> 00:21:32,880 Speaker 19: of eighty four, and after a series of elements, including 452 00:21:33,240 --> 00:21:37,440 Speaker 19: Parkinson's in a kind of palsy. I remember his oratory. 453 00:21:37,960 --> 00:21:41,000 Speaker 19: He was a singularly powerful speaker. I was in the 454 00:21:41,080 --> 00:21:44,439 Speaker 19: San Francisco Hall when Jackson gave his eighty four convention speech, 455 00:21:44,800 --> 00:21:47,600 Speaker 19: which he concluded with this rolling craft. 456 00:21:47,760 --> 00:21:54,640 Speaker 4: Will get better and better. Cheep hoperlive, cheep hoperlive, chiep 457 00:21:54,680 --> 00:21:55,160 Speaker 4: hop alive. 458 00:21:55,320 --> 00:21:58,320 Speaker 19: That speech was hailed as an instant political classic. What 459 00:21:58,400 --> 00:22:01,359 Speaker 19: I recall is the black security guards in that hall 460 00:22:01,840 --> 00:22:06,240 Speaker 19: who burst into tears, tears of pride as Jackson took 461 00:22:06,440 --> 00:22:07,000 Speaker 19: the podium. 462 00:22:07,119 --> 00:22:15,080 Speaker 4: My constituency is the desperate, the damn the disinherited, the disrespected, and. 463 00:22:15,040 --> 00:22:17,679 Speaker 19: The despise all a part of the American quilt is 464 00:22:17,680 --> 00:22:19,720 Speaker 19: the way he put it at the time, in a 465 00:22:19,760 --> 00:22:23,879 Speaker 19: fashion that so strikingly differs from the anti immigration bitterness 466 00:22:23,880 --> 00:22:26,440 Speaker 19: of this time. Jackson was hailed at that event as 467 00:22:26,480 --> 00:22:31,560 Speaker 19: people called out his name, Jesse, Jesse. They were saying. 468 00:22:31,840 --> 00:22:34,480 Speaker 19: He came in third in the primaries, behind Senator Gary 469 00:22:34,600 --> 00:22:38,959 Speaker 19: Hart and Vice President Fritz Mondale, who lost to Ronald Reagan. 470 00:22:39,320 --> 00:22:41,879 Speaker 19: He had also veered into scandal when he used a 471 00:22:41,880 --> 00:22:45,440 Speaker 19: derogatory slang term to describe New York Jews, and he 472 00:22:45,720 --> 00:22:50,280 Speaker 19: apologized for those remarks, saying, I. 473 00:22:50,240 --> 00:22:54,480 Speaker 4: Am not a perfect servant. I am a public servant 474 00:22:55,920 --> 00:22:59,760 Speaker 4: doing my best, a guest the odds that develop, and 475 00:23:00,440 --> 00:23:03,880 Speaker 4: be patient. God is not finished. 476 00:23:03,680 --> 00:23:04,400 Speaker 3: With me yet. 477 00:23:04,480 --> 00:23:04,640 Speaker 16: Well. 478 00:23:04,720 --> 00:23:07,160 Speaker 19: Jesse Jackson ran for the White House again in nineteen 479 00:23:07,200 --> 00:23:10,080 Speaker 19: eighty eight when he was retired the front runner for 480 00:23:10,119 --> 00:23:13,040 Speaker 19: the Democrats, before losing the nod to Michael Ducocus, who 481 00:23:13,040 --> 00:23:15,680 Speaker 19: of course lost the election to Bush Senior. But Jesse 482 00:23:15,760 --> 00:23:19,560 Speaker 19: Jackson's life so often was tumultuous. He was born when 483 00:23:19,560 --> 00:23:22,880 Speaker 19: his mom was a sixteen, fathered by the next door 484 00:23:22,880 --> 00:23:26,800 Speaker 19: neighbor who was a former boxer. Jesse Jackson's theme became. 485 00:23:31,760 --> 00:23:32,080 Speaker 3: Yeah. 486 00:23:32,119 --> 00:23:34,560 Speaker 19: He was also on the balcony of the Lorraine Motel 487 00:23:34,640 --> 00:23:37,640 Speaker 19: in Memphis when Doctor King was assassinated shot in the head. 488 00:23:37,920 --> 00:23:41,159 Speaker 19: Jesse Jackson then went on the Today Show here wearing 489 00:23:41,200 --> 00:23:44,359 Speaker 19: clothes that still were marked with doctor King's blood. Jesse 490 00:23:44,440 --> 00:23:46,920 Speaker 19: Jackson's family was with him this morning. His eldest son, 491 00:23:47,000 --> 00:23:49,040 Speaker 19: Jesse Juniors, hears of his father's legacy. 492 00:23:49,240 --> 00:23:52,280 Speaker 13: He called us to our authentic feld and I hope 493 00:23:52,280 --> 00:23:55,600 Speaker 13: that people will see the genuineness and who Jesse Jackson. 494 00:23:56,600 --> 00:23:58,080 Speaker 13: It's hard for me to say it. 495 00:23:58,480 --> 00:24:01,560 Speaker 16: Because my father now now it. 496 00:24:01,760 --> 00:24:07,120 Speaker 3: Was not it is but but uh. 497 00:24:07,040 --> 00:24:09,960 Speaker 16: But he gave it bolved. 498 00:24:10,440 --> 00:24:11,520 Speaker 6: He was a giant. 499 00:24:11,880 --> 00:24:12,560 Speaker 3: Indeed he was. 500 00:24:12,840 --> 00:24:13,240 Speaker 19: Uh. 501 00:24:13,280 --> 00:24:15,679 Speaker 2: They don't be seen to be able to dig themselves 502 00:24:15,720 --> 00:24:17,359 Speaker 2: out of this whole at CBS, do they. 503 00:24:18,119 --> 00:24:21,840 Speaker 19: No, it's uh, it's getting bigger and bigger the controversy. 504 00:24:21,880 --> 00:24:24,480 Speaker 19: Where about to see a rerun? Are we? What happened 505 00:24:24,520 --> 00:24:26,720 Speaker 19: to Jimmy Kimmel, the late night host who back in 506 00:24:26,800 --> 00:24:31,240 Speaker 19: September was suspended supposedly concerning comments on the death of 507 00:24:31,280 --> 00:24:35,360 Speaker 19: political active as Charlie Kirk his assassination. Kimmel later got 508 00:24:35,359 --> 00:24:38,320 Speaker 19: back on the air, but his CBS cohort Stephen Colbert, 509 00:24:38,440 --> 00:24:41,600 Speaker 19: was fired by that network and is set to do 510 00:24:41,720 --> 00:24:44,879 Speaker 19: his final show in May this year. Last night, Colbery 511 00:24:45,040 --> 00:24:49,360 Speaker 19: was planning an interview with Texas state Democratic candidate James Telrico, 512 00:24:49,480 --> 00:24:51,840 Speaker 19: but his own networks lawyers demanded that he pulled this 513 00:24:51,920 --> 00:24:55,160 Speaker 19: segment at the very last minute. On are Colbert then said, 514 00:24:55,240 --> 00:24:58,080 Speaker 19: quote because my network clearly doesn't want me to talk 515 00:24:58,119 --> 00:25:01,280 Speaker 19: about this. Let's talk about this. He then spoke of 516 00:25:01,320 --> 00:25:04,280 Speaker 19: how the Trump head of the Federal Communications Commissioned the SEC, 517 00:25:04,400 --> 00:25:07,680 Speaker 19: Brandon Carr, was trying to enforce equal time for political 518 00:25:07,680 --> 00:25:11,920 Speaker 19: guests on talk shows, and then he said, sir, you're chairman. 519 00:25:11,600 --> 00:25:12,400 Speaker 16: Of the FCC. 520 00:25:13,080 --> 00:25:16,040 Speaker 14: So FCCU, this. 521 00:25:16,440 --> 00:25:19,800 Speaker 19: As CNN's Andson Cooper says he is leaving CBS and 522 00:25:19,880 --> 00:25:22,320 Speaker 19: his flagship current of fair Show sixty minutes after almost 523 00:25:22,560 --> 00:25:27,040 Speaker 19: twenty years. This is CBS under its newly chosen boss, 524 00:25:27,040 --> 00:25:30,480 Speaker 19: Barry Weiss. The Trump supporter is adding commentators to the news, 525 00:25:30,560 --> 00:25:32,760 Speaker 19: which once was viewed as a gold standard, think back 526 00:25:32,800 --> 00:25:34,359 Speaker 19: to Walter Cronkite and Edward R. 527 00:25:34,400 --> 00:25:34,760 Speaker 3: Murrow. 528 00:25:35,000 --> 00:25:38,359 Speaker 19: One of these commentators is Peter Attia, health advisor, whose 529 00:25:38,440 --> 00:25:42,760 Speaker 19: name turns up in the Epstein files, contacting Epstein many times, 530 00:25:42,800 --> 00:25:45,280 Speaker 19: including once where he told the pedophile quote the biggest 531 00:25:45,280 --> 00:25:48,640 Speaker 19: problem with becoming friends with you the life you lead 532 00:25:48,720 --> 00:25:51,560 Speaker 19: is so outrageous, and yet I can't tell us soul. 533 00:25:51,920 --> 00:25:54,280 Speaker 2: I'm seeing a couple of days, Richard Elnsteitz. I think 534 00:25:54,280 --> 00:25:56,719 Speaker 2: about Anderson Cooper. He's claiming he's leaving for his kids. 535 00:25:56,800 --> 00:25:58,800 Speaker 2: He wants to spend more time with his kids, and 536 00:25:58,960 --> 00:26:02,160 Speaker 2: no one's believing, which then goes to his integrity because 537 00:26:02,200 --> 00:26:04,440 Speaker 2: either he is leaving to spend more time with his kids, 538 00:26:04,480 --> 00:26:08,200 Speaker 2: which is laudable, or he's a sellout and he doesn't 539 00:26:08,200 --> 00:26:09,800 Speaker 2: want to tell the truth one or the other. Jesse 540 00:26:09,920 --> 00:26:12,600 Speaker 2: Jackson was on this program, by the way, so you 541 00:26:12,640 --> 00:26:16,040 Speaker 2: would see his contribution far greater outside the ring than 542 00:26:16,080 --> 00:26:16,840 Speaker 2: inside the ring. 543 00:26:17,760 --> 00:26:20,880 Speaker 16: Well, no, you can't separate them because his greatness in 544 00:26:21,200 --> 00:26:24,480 Speaker 16: the ring, they give him a platform to be heard 545 00:26:24,520 --> 00:26:27,560 Speaker 16: outside the ring when we were marching and being jailed 546 00:26:27,560 --> 00:26:30,880 Speaker 16: across the South. His exploits in the ring made him 547 00:26:30,920 --> 00:26:32,480 Speaker 16: a figure of inspiration. 548 00:26:34,280 --> 00:26:35,199 Speaker 13: He'd be looked up to him. 549 00:26:35,200 --> 00:26:41,080 Speaker 16: He used the championship platform to become a hero of 550 00:26:41,119 --> 00:26:43,560 Speaker 16: social justice, of both important. If he had been a 551 00:26:43,600 --> 00:26:46,080 Speaker 16: loser in the ring, papped alone would have heard him 552 00:26:46,080 --> 00:26:48,800 Speaker 16: in the first place, the greatest box of our time, 553 00:26:48,880 --> 00:26:52,800 Speaker 16: maybe all the time. In addition that a sarcrificial cervity 554 00:26:52,880 --> 00:26:55,320 Speaker 16: in law, those two kind of come together. 555 00:26:56,040 --> 00:26:59,240 Speaker 2: It was the funeral of Muhammad Ali, and we thought, 556 00:27:00,000 --> 00:27:02,200 Speaker 2: when we ring Jesse Jackson, see if he answers the phone. 557 00:27:02,240 --> 00:27:05,840 Speaker 2: We rangesy texiting outs to the phone, so we ask 558 00:27:05,880 --> 00:27:08,320 Speaker 2: some questions. It was back in twenty sixteen, nine away 559 00:27:08,320 --> 00:27:09,080 Speaker 2: from seven. 560 00:27:09,640 --> 00:27:14,080 Speaker 1: The mic Hosking breakfast with Veda Retirement Communities News togs 561 00:27:14,119 --> 00:27:14,920 Speaker 1: head been Mike, you. 562 00:27:14,880 --> 00:27:16,679 Speaker 2: Do well to listen to who chet when good protein 563 00:27:16,760 --> 00:27:19,360 Speaker 2: is fast becoming beyond reach of every day kiwis El. 564 00:27:19,880 --> 00:27:22,240 Speaker 2: I don't know that she raised that necessarily, but you 565 00:27:22,280 --> 00:27:25,160 Speaker 2: make a good point. But it's a completely separate subject 566 00:27:26,200 --> 00:27:28,479 Speaker 2: and doesn't and doesn't address you, know, why the prices 567 00:27:28,520 --> 00:27:30,240 Speaker 2: are going up? Mike, I agree with you regarding the 568 00:27:30,280 --> 00:27:32,320 Speaker 2: reasons for current food prices, but these are the reasons 569 00:27:32,320 --> 00:27:35,119 Speaker 2: that Luxon needs to coherently communicate to the wider public, 570 00:27:35,119 --> 00:27:37,160 Speaker 2: because there is no doubt some people will both labor 571 00:27:37,240 --> 00:27:41,119 Speaker 2: simply based on the cost of butter, and then that 572 00:27:41,800 --> 00:27:43,439 Speaker 2: is the lale politique. 573 00:27:43,800 --> 00:27:45,639 Speaker 3: Of course. Five minutes away from seven. 574 00:27:46,480 --> 00:27:50,520 Speaker 1: The Ins and the Outs. It's the beers with business favor. 575 00:27:50,680 --> 00:27:53,200 Speaker 1: Take your business productivity to the next level. 576 00:27:53,280 --> 00:27:56,920 Speaker 2: Housing catality fab monthly housing chart pack. Not only a report, 577 00:27:56,960 --> 00:27:57,680 Speaker 2: now it's a whole pack. 578 00:27:57,720 --> 00:27:58,400 Speaker 3: You get a whole pack. 579 00:27:58,440 --> 00:28:01,840 Speaker 2: It's exciting times shows median values fell zero point three 580 00:28:01,880 --> 00:28:03,760 Speaker 2: for the three months to January. So let's call that 581 00:28:03,800 --> 00:28:07,000 Speaker 2: flat puts values at seventeen point five percent below twenty 582 00:28:07,040 --> 00:28:09,520 Speaker 2: twenty two peak. It also shows prices down one percent 583 00:28:09,600 --> 00:28:11,679 Speaker 2: year on year, so you can see by that forget 584 00:28:11,680 --> 00:28:14,240 Speaker 2: the peak that's years ago, so one percent of the year, 585 00:28:14,640 --> 00:28:16,920 Speaker 2: zero point three percent for the quarter, So she's flattening 586 00:28:16,960 --> 00:28:19,680 Speaker 2: out nicely and the increase will start to follow. Worst 587 00:28:19,720 --> 00:28:24,160 Speaker 2: performing main centers Wellington prices are down a quarter basically 588 00:28:24,240 --> 00:28:26,800 Speaker 2: since twenty twenty two, christ Juts down three point six 589 00:28:26,840 --> 00:28:29,119 Speaker 2: off peak, So in other words, for the last handful 590 00:28:29,119 --> 00:28:30,399 Speaker 2: of years, a year on the up and up for 591 00:28:30,400 --> 00:28:34,159 Speaker 2: obvious reasons. Activity sales volumes are down ten percent compared 592 00:28:34,160 --> 00:28:37,640 Speaker 2: with January last year, and that's only the third drop 593 00:28:37,640 --> 00:28:41,320 Speaker 2: of the last thirty three months. Generally, sales sales numbers 594 00:28:41,360 --> 00:28:43,720 Speaker 2: are pretty good because there's lots to choose from out there. 595 00:28:44,080 --> 00:28:44,760 Speaker 3: Broader picture. 596 00:28:44,840 --> 00:28:47,640 Speaker 2: December was better than expected, so if you average out 597 00:28:47,680 --> 00:28:49,680 Speaker 2: the two months, is still a trend of rising activity. 598 00:28:49,680 --> 00:28:52,440 Speaker 2: First home buyers, they've dipped slightly, but they're still really 599 00:28:52,480 --> 00:28:55,040 Speaker 2: well represented twenty six point two percent. It was twenty eight, 600 00:28:55,080 --> 00:28:57,040 Speaker 2: but that's record break and that's just nuts. So it's 601 00:28:57,080 --> 00:28:59,080 Speaker 2: back down to twenty six point two percent. So there's 602 00:28:59,080 --> 00:29:03,560 Speaker 2: plenty of first time eys out there, rentals, strong growth 603 00:29:03,640 --> 00:29:07,680 Speaker 2: and rents golde flat or falling. Most rents around the 604 00:29:07,720 --> 00:29:11,920 Speaker 2: country are starting to go backwards or at least flat, 605 00:29:11,960 --> 00:29:14,520 Speaker 2: which means there's more stock in the market, of course, 606 00:29:15,240 --> 00:29:17,760 Speaker 2: which means you get better choice, which means the price 607 00:29:17,840 --> 00:29:19,960 Speaker 2: pressure isn't what it was, so people who rent will 608 00:29:19,960 --> 00:29:23,520 Speaker 2: be I'm assuming reasonably please. There we come to the infrastructure. 609 00:29:23,560 --> 00:29:29,280 Speaker 2: It's gargantuan, it's shocking, it's depressing. Its third world, it's 610 00:29:29,280 --> 00:29:33,040 Speaker 2: Banana Republic, it's small village idiot stuff. But anyway, we've 611 00:29:33,040 --> 00:29:34,840 Speaker 2: got to do something about it. Chris Bishop is the 612 00:29:34,840 --> 00:29:36,880 Speaker 2: man in charge of the infrastructure. 613 00:29:38,400 --> 00:29:42,080 Speaker 1: Credible, compelling, the breakfast show you can't bess, it's the 614 00:29:42,240 --> 00:29:46,360 Speaker 1: mic hosting Breakfast with the Defender, Embrace the Impossible News 615 00:29:46,400 --> 00:29:47,000 Speaker 1: to sad. 616 00:29:46,840 --> 00:29:47,920 Speaker 3: Be past seven. 617 00:29:47,960 --> 00:29:50,040 Speaker 2: So the headline graber out of the infrastructure plan is 618 00:29:50,080 --> 00:29:52,240 Speaker 2: of course the Auckland Harbor Bridge at nine dollars a pop. 619 00:29:52,320 --> 00:29:54,400 Speaker 2: Outside of that, we look like a poor country with 620 00:29:54,440 --> 00:29:56,120 Speaker 2: a lot of crap stuff that doesn't work well, and 621 00:29:56,160 --> 00:29:58,280 Speaker 2: we need to fix it. Chris Bishop as the Infrastructure 622 00:29:58,280 --> 00:30:01,080 Speaker 2: Minister and is with us. Good morning if you were 623 00:30:01,160 --> 00:30:03,440 Speaker 2: down in the dumps about this country and you were 624 00:30:03,480 --> 00:30:06,720 Speaker 2: thinking of leaving for Australia, your report yesterday doesn't really 625 00:30:06,720 --> 00:30:07,560 Speaker 2: help anyone, does it. 626 00:30:09,800 --> 00:30:12,040 Speaker 10: Well, it's a great way to start. It's look, it's 627 00:30:12,080 --> 00:30:14,520 Speaker 10: a sobering report in the sense that you know there 628 00:30:14,520 --> 00:30:17,520 Speaker 10: are big problems in his old infrastructure system. Central government 629 00:30:18,200 --> 00:30:21,320 Speaker 10: owns billions of dollars worth of assets. We don't really 630 00:30:21,360 --> 00:30:23,520 Speaker 10: know what we own. We don't look after what we own. 631 00:30:24,200 --> 00:30:25,840 Speaker 10: We do a poor job of working out if we're 632 00:30:25,840 --> 00:30:26,880 Speaker 10: building the right stuff. 633 00:30:26,960 --> 00:30:27,520 Speaker 3: So you're right. 634 00:30:27,880 --> 00:30:29,680 Speaker 10: On the other hand, there's lots of things in his 635 00:30:29,760 --> 00:30:32,680 Speaker 10: Zeland infrastructure that are really good, and there's lots of 636 00:30:33,000 --> 00:30:35,040 Speaker 10: things we've built over the years that are incredible, and 637 00:30:35,080 --> 00:30:38,120 Speaker 10: we've been world leaders and things like electricity, transmission cables 638 00:30:38,120 --> 00:30:39,840 Speaker 10: and things like that. So we are living on the 639 00:30:39,880 --> 00:30:43,120 Speaker 10: legacy of our ancestors, but we've got a lot of 640 00:30:43,160 --> 00:30:44,480 Speaker 10: work to do to build the future for. 641 00:30:44,480 --> 00:30:45,160 Speaker 3: His own right. 642 00:30:45,200 --> 00:30:46,760 Speaker 2: So I'm watching the news last night and they do 643 00:30:46,840 --> 00:30:49,440 Speaker 2: those moronic clips of people in the street, and he 644 00:30:49,600 --> 00:30:51,720 Speaker 2: was telling me that he goes to the North Shore 645 00:30:51,800 --> 00:30:54,560 Speaker 2: quite a bit to pick up some stuff from Facebook marketplace, 646 00:30:54,560 --> 00:30:56,720 Speaker 2: so he doesn't want to pay the nine dollars? Is 647 00:30:56,760 --> 00:30:58,840 Speaker 2: that who you're facing and who you're trying to convince 648 00:30:58,880 --> 00:30:59,800 Speaker 2: to pay nine dollars? 649 00:31:01,200 --> 00:31:04,520 Speaker 10: Well, look, the reality is asking people to pay pay 650 00:31:04,560 --> 00:31:07,760 Speaker 10: for pay more for things, or pay for things is difficult. 651 00:31:09,040 --> 00:31:11,200 Speaker 10: And we've we've pushed the boat out quite a bit 652 00:31:11,240 --> 00:31:14,600 Speaker 10: as a government on tolling and that's because ultimately roads 653 00:31:14,640 --> 00:31:18,120 Speaker 10: have to be paid for and we've tried to move 654 00:31:18,160 --> 00:31:20,280 Speaker 10: the system towards more of a user pays model and 655 00:31:20,360 --> 00:31:24,120 Speaker 10: we think that's fair. The original Harbor Bridge in Auckland 656 00:31:24,280 --> 00:31:26,600 Speaker 10: was of course paid for with a toll and we've 657 00:31:26,640 --> 00:31:29,080 Speaker 10: just signaled quite clearly that when you're dropping you know 658 00:31:29,120 --> 00:31:31,560 Speaker 10: billions and billions of dollars, which is what the second 659 00:31:31,560 --> 00:31:35,000 Speaker 10: Harbor crossing will be. The biggest infrastructure project ever built 660 00:31:35,040 --> 00:31:38,160 Speaker 10: in New Zealand. That's a project where we do think 661 00:31:38,320 --> 00:31:40,720 Speaker 10: it will end up being told because that's a fair 662 00:31:40,760 --> 00:31:42,800 Speaker 10: way of paying for the project. 663 00:31:42,920 --> 00:31:43,960 Speaker 3: There's no other way around it. 664 00:31:44,000 --> 00:31:45,840 Speaker 2: I mean Labour can't come back with no, we're not 665 00:31:45,920 --> 00:31:47,920 Speaker 2: tolling and we'll just borrow. Can't They mean that the 666 00:31:48,000 --> 00:31:51,560 Speaker 2: numbers are too big to borrow. It's good, isn't it. 667 00:31:51,560 --> 00:31:53,960 Speaker 3: It has to be exactly right. 668 00:31:54,000 --> 00:31:57,719 Speaker 10: Look, here's the reality. Roads and in fact, all infrastructure 669 00:31:57,840 --> 00:31:58,720 Speaker 10: has to be paid for. 670 00:31:59,480 --> 00:32:00,000 Speaker 18: It has to be. 671 00:32:01,000 --> 00:32:04,040 Speaker 10: And you can use user charges for that through tolling, 672 00:32:05,120 --> 00:32:07,480 Speaker 10: or through petrol tax or a combination of both, which 673 00:32:07,560 --> 00:32:10,120 Speaker 10: is essentially what we do. You can borrow for that, 674 00:32:10,480 --> 00:32:12,240 Speaker 10: but of course that has to be paid for too. 675 00:32:12,520 --> 00:32:14,400 Speaker 10: Money is not from Despite what the Labor Party think, 676 00:32:14,640 --> 00:32:19,160 Speaker 10: debt is not free. We already have a huge amount 677 00:32:19,160 --> 00:32:21,000 Speaker 10: of debt that was built up during the COVID years 678 00:32:21,000 --> 00:32:23,600 Speaker 10: that has to be repaid, and we are desperately as 679 00:32:23,640 --> 00:32:25,640 Speaker 10: a government getting the books back in order so that 680 00:32:25,680 --> 00:32:28,080 Speaker 10: when the next shot comes along, the next cyclon Gabrielle 681 00:32:28,120 --> 00:32:29,880 Speaker 10: or whatever, we're in a position where we can actually 682 00:32:29,960 --> 00:32:31,920 Speaker 10: deal with it. At the moment, of course, we're a 683 00:32:32,000 --> 00:32:34,640 Speaker 10: very vulnerable situation, and the Treasury says we've got to 684 00:32:34,720 --> 00:32:37,800 Speaker 10: keep the debt levels under control, otherwise our international borrowing 685 00:32:37,840 --> 00:32:40,320 Speaker 10: costs will go up, and then everybody's interest rates will 686 00:32:40,320 --> 00:32:42,680 Speaker 10: go up, and then you're in Banana Republic, directoris you are? 687 00:32:42,720 --> 00:32:44,440 Speaker 10: Then you can't even meet you can't even meet the 688 00:32:44,480 --> 00:32:45,960 Speaker 10: debt repayments and what you've already. 689 00:32:45,680 --> 00:32:47,320 Speaker 3: Borrowed, it'll never happen. 690 00:32:47,360 --> 00:32:49,160 Speaker 2: But I'll ask the question anyway, do we need to 691 00:32:49,200 --> 00:32:51,840 Speaker 2: take this sort of thing beyond the politician? In other words, 692 00:32:51,920 --> 00:32:53,480 Speaker 2: we need to in some countries do it. You lock 693 00:32:53,520 --> 00:32:55,480 Speaker 2: it into law and big decisions are made and the 694 00:32:55,520 --> 00:32:57,000 Speaker 2: new government simply has to live with it. 695 00:32:57,040 --> 00:32:57,440 Speaker 3: That's life. 696 00:32:57,480 --> 00:32:59,040 Speaker 2: Otherwise we're never going to go anywhere. 697 00:33:00,120 --> 00:33:03,360 Speaker 10: Well, that's partly why I commissioned the Infrastructure Plan. I mean, 698 00:33:03,400 --> 00:33:05,960 Speaker 10: this all came about because we campaigned on having a 699 00:33:06,040 --> 00:33:10,240 Speaker 10: long term, bipartisan, independent view of our infrastructure needs and 700 00:33:10,280 --> 00:33:11,960 Speaker 10: our assets and what we need to do. That that's 701 00:33:12,000 --> 00:33:14,040 Speaker 10: why this report's being talked about. So we've kind of 702 00:33:14,080 --> 00:33:16,800 Speaker 10: started that process and we're intending to work with the 703 00:33:16,840 --> 00:33:19,160 Speaker 10: opposition around the government response to the plan. 704 00:33:19,360 --> 00:33:21,760 Speaker 2: You can't you can't look at them because they're idiots. 705 00:33:22,120 --> 00:33:24,200 Speaker 2: I mean, for goodness sake. I mean, look, they're already 706 00:33:24,240 --> 00:33:26,640 Speaker 2: arguing over the roads of national significance. They're they're they're 707 00:33:26,640 --> 00:33:28,760 Speaker 2: playing dumb games with the f t A on India. 708 00:33:29,160 --> 00:33:31,840 Speaker 2: They're they're not they're not big picture people. They're not 709 00:33:32,000 --> 00:33:32,880 Speaker 2: serious people. 710 00:33:33,920 --> 00:33:36,920 Speaker 10: Yeah, well, look it's you sound like Logan Roy. Yeah, 711 00:33:36,960 --> 00:33:40,040 Speaker 10: I mean it's it's been a it has been a 712 00:33:40,040 --> 00:33:43,040 Speaker 10: bit frustrating. In the last couple of days they've been 713 00:33:43,040 --> 00:33:44,840 Speaker 10: saying things like we haven't been briefed on the plan 714 00:33:45,240 --> 00:33:48,200 Speaker 10: when they have. So look, we're going to We're going 715 00:33:48,240 --> 00:33:49,840 Speaker 10: to make a put our best foot forward and try 716 00:33:49,880 --> 00:33:51,440 Speaker 10: and try and sort of come up with something that 717 00:33:51,520 --> 00:33:54,560 Speaker 10: is sensible for the country that the opposition can buy into. 718 00:33:55,000 --> 00:33:56,800 Speaker 10: There'll always be a bit of politics, and you know, 719 00:33:56,840 --> 00:33:58,720 Speaker 10: look it's a bon fight. It's election yet there'll be 720 00:33:58,760 --> 00:34:00,480 Speaker 10: a bit of backwards and forwards. But you know, I 721 00:34:00,480 --> 00:34:03,040 Speaker 10: think my feeling from the public is they genuinely want 722 00:34:03,120 --> 00:34:05,360 Speaker 10: us to try and nail these problems. I spent an 723 00:34:05,480 --> 00:34:08,560 Speaker 10: enormous amount of my time with Nicola working on fixing 724 00:34:08,600 --> 00:34:11,279 Speaker 10: the foundations of the system, things like asset register's long 725 00:34:11,400 --> 00:34:13,800 Speaker 10: term plans, assurance functions inside the system. 726 00:34:14,239 --> 00:34:14,840 Speaker 3: It's boring. 727 00:34:15,000 --> 00:34:17,200 Speaker 10: No one will ever you know, no one's ever going 728 00:34:17,239 --> 00:34:19,560 Speaker 10: to write up a press release I put out about it. 729 00:34:19,600 --> 00:34:22,080 Speaker 10: But it's extremely important to fixing you know what we've 730 00:34:22,120 --> 00:34:22,920 Speaker 10: got in the old. 731 00:34:22,840 --> 00:34:25,520 Speaker 2: Yes it is, appreciate it. Infrastructure Minister Chris Bishop eleven 732 00:34:25,520 --> 00:34:28,719 Speaker 2: minutes past seven, scaring it a new resilience index when 733 00:34:28,719 --> 00:34:30,560 Speaker 2: it comes to infrastructure this morning, this is different the 734 00:34:30,600 --> 00:34:32,839 Speaker 2: Government's planned Auckland and Northland turns out of the most 735 00:34:32,920 --> 00:34:36,120 Speaker 2: vulnerable regions. We're looking at things like energy, roads, water, communications, 736 00:34:36,160 --> 00:34:37,839 Speaker 2: all that sort of thing. Murray Robinson is the down 737 00:34:37,880 --> 00:34:40,080 Speaker 2: and Managing Director for this country and well there's Murray 738 00:34:40,080 --> 00:34:44,120 Speaker 2: morning good. So one of the reports says more proactive investment. 739 00:34:44,160 --> 00:34:47,200 Speaker 2: That's a mindset shift in this country because we're ambulance 740 00:34:47,200 --> 00:34:48,680 Speaker 2: at the bottom of the cliff people, aren't we. 741 00:34:50,239 --> 00:34:52,520 Speaker 8: Yeah, I guess that, as Minister Bishop just talked about, 742 00:34:52,520 --> 00:34:54,839 Speaker 8: it's actually getting the data right and making sure that 743 00:34:54,880 --> 00:34:57,520 Speaker 8: we're looking at proactive investments. I think you know, the 744 00:34:58,120 --> 00:35:00,720 Speaker 8: findings of this report, as you pointed out, do highlight 745 00:35:00,960 --> 00:35:03,760 Speaker 8: Auckland and north And being exposed and that's really driven 746 00:35:03,800 --> 00:35:07,400 Speaker 8: by our resilience or lack of in terms of electricity, 747 00:35:07,440 --> 00:35:10,600 Speaker 8: which the other infrastructs our sectors really rely on. 748 00:35:11,000 --> 00:35:14,040 Speaker 2: Are we exposed Auckland and north and for different reagion. 749 00:35:14,320 --> 00:35:16,760 Speaker 2: Is Northland a bit of a sketchy region. It's rural, 750 00:35:16,800 --> 00:35:19,520 Speaker 2: it's isolated. Auckland's just a big city with its big 751 00:35:19,560 --> 00:35:21,360 Speaker 2: city problems or are they all the same problems? 752 00:35:22,520 --> 00:35:25,920 Speaker 8: The main issue really that Auckland and Northland face is 753 00:35:26,160 --> 00:35:29,520 Speaker 8: the reliance on electricity, which as you know lastly comes 754 00:35:29,560 --> 00:35:33,760 Speaker 8: from hydro in the south. So it's the distance from 755 00:35:33,800 --> 00:35:38,920 Speaker 8: those electricity transmission lines compounded by I guess the increasing 756 00:35:38,920 --> 00:35:40,360 Speaker 8: amount of heavy weather. 757 00:35:40,200 --> 00:35:43,800 Speaker 2: Events fixed once we have the solar and the batteries 758 00:35:43,800 --> 00:35:44,280 Speaker 2: in the wind. 759 00:35:46,040 --> 00:35:48,719 Speaker 8: I think the reality is that hydro is such a 760 00:35:48,800 --> 00:35:51,840 Speaker 8: large contribution to that. So the key thing there is 761 00:35:51,840 --> 00:35:54,880 Speaker 8: actually trying to get that reticulation closer to those key networks. 762 00:35:55,120 --> 00:35:56,680 Speaker 2: Okay, do you think we'll ever do that? Do you 763 00:35:56,680 --> 00:35:58,880 Speaker 2: think we're capable as you sit as in New Zealand 764 00:35:58,920 --> 00:36:02,920 Speaker 2: and Matray, do you think we're genuinely capable of grasping 765 00:36:02,920 --> 00:36:06,080 Speaker 2: the enormity of what we have and doing something about 766 00:36:06,120 --> 00:36:07,600 Speaker 2: it as opposed to just talking about it? 767 00:36:08,320 --> 00:36:08,960 Speaker 13: No, I do you know do? 768 00:36:09,000 --> 00:36:11,719 Speaker 8: I think New Zealand has an amazing ability to you know, 769 00:36:11,800 --> 00:36:13,960 Speaker 8: put in place strong plans and I think if you 770 00:36:14,000 --> 00:36:16,960 Speaker 8: talk about what Minister Bishop just explained, I think getting 771 00:36:16,960 --> 00:36:19,839 Speaker 8: that data right is really key, and I think the 772 00:36:19,880 --> 00:36:22,799 Speaker 8: balance of proactive banks and it's is really really key. 773 00:36:22,800 --> 00:36:24,440 Speaker 8: That's one of the key findings of this report is 774 00:36:24,480 --> 00:36:26,919 Speaker 8: getting that right. And as you know, in the trust 775 00:36:26,960 --> 00:36:28,719 Speaker 8: plan that's come out it's getting the balance of that 776 00:36:28,800 --> 00:36:32,760 Speaker 8: proactive maintenance with the right rebuilding and building back better. 777 00:36:32,920 --> 00:36:35,000 Speaker 2: All right, Murray, appreciate your time very much, Murray Robinson, 778 00:36:35,000 --> 00:36:37,600 Speaker 2: who's the down in managing director. It's all related to 779 00:36:37,640 --> 00:36:39,680 Speaker 2: the economy, of course, and what sort of state we're 780 00:36:39,680 --> 00:36:43,040 Speaker 2: in economically speaking. This is where doctor Randa turns up today, 781 00:36:43,040 --> 00:36:44,880 Speaker 2: but we'll get the forecast for her call later on 782 00:36:44,920 --> 00:36:48,239 Speaker 2: this afternoon. In the moment fourteen past the. 783 00:36:48,400 --> 00:36:52,680 Speaker 1: Like Asking Breakfast Full Show podcast on iHeartRadio powered by 784 00:36:52,719 --> 00:36:53,520 Speaker 1: News TODs. 785 00:36:53,440 --> 00:36:58,360 Speaker 2: B Matt winneray Is was the chair of netball in 786 00:36:58,360 --> 00:37:01,000 Speaker 2: New Zealand. He's another casualty in that sticular calamities. With 787 00:37:01,040 --> 00:37:03,279 Speaker 2: a shortly seventeen past seven RB Day to day, of course, 788 00:37:03,280 --> 00:37:05,400 Speaker 2: they open their account for the year, including the debut 789 00:37:05,440 --> 00:37:08,200 Speaker 2: of the shiny new governor, doctor Anna Bremen cashwaits at 790 00:37:08,200 --> 00:37:10,720 Speaker 2: two to five commentary. Since where they last talked, actually 791 00:37:10,760 --> 00:37:12,479 Speaker 2: has changed quite a bit. Mike Jones as the Ben's 792 00:37:12,520 --> 00:37:15,400 Speaker 2: It's chief economist and is with us Mike morning. It 793 00:37:15,440 --> 00:37:18,000 Speaker 2: has changed, hasn't it. In the ensuing period there was 794 00:37:18,040 --> 00:37:20,279 Speaker 2: a possibility once we'd get a cut this year, all 795 00:37:20,280 --> 00:37:21,160 Speaker 2: of that's off the table. 796 00:37:21,200 --> 00:37:21,480 Speaker 3: Isn't it. 797 00:37:22,800 --> 00:37:23,200 Speaker 13: That's right. 798 00:37:23,239 --> 00:37:25,280 Speaker 9: I think this meeting today is going to be about 799 00:37:25,320 --> 00:37:28,759 Speaker 9: basically swapping out that mild easing bias that the bank 800 00:37:28,800 --> 00:37:31,520 Speaker 9: head back in November and probably replacing it with a 801 00:37:31,640 --> 00:37:32,840 Speaker 9: mild tightening. 802 00:37:32,480 --> 00:37:35,560 Speaker 2: BIAUS tightening bias. By when when's a move up? 803 00:37:35,719 --> 00:37:40,200 Speaker 9: Do you think, well, in the forecast, we've got September 804 00:37:40,680 --> 00:37:43,160 Speaker 9: of this year and then another in December. I mean, 805 00:37:43,160 --> 00:37:45,680 Speaker 9: that might be a bit far for the bank to 806 00:37:45,719 --> 00:37:48,920 Speaker 9: move just today. We think I'll probably want to signal 807 00:37:49,400 --> 00:37:52,600 Speaker 9: a height by about December of this year. So still 808 00:37:53,120 --> 00:37:54,759 Speaker 9: you know, a lot of wiggle room, given things can 809 00:37:54,840 --> 00:37:57,680 Speaker 9: change in that period of time. But equally, the changes 810 00:37:57,719 --> 00:38:00,520 Speaker 9: that were seen that November do warrant that shift in 811 00:38:00,680 --> 00:38:01,879 Speaker 9: interest rate outlook. 812 00:38:01,680 --> 00:38:03,520 Speaker 2: If she says today, by the end of the year, 813 00:38:03,560 --> 00:38:06,200 Speaker 2: we're probably going to increase interest rates. If she says 814 00:38:06,239 --> 00:38:09,279 Speaker 2: that materially, do people then get depressed and freak out 815 00:38:09,280 --> 00:38:11,480 Speaker 2: and whatever recovery we've got going stalls? 816 00:38:13,680 --> 00:38:16,640 Speaker 9: No, because I think she would essentially be validating where 817 00:38:16,640 --> 00:38:18,920 Speaker 9: the market's got to already. I mean, I think if 818 00:38:18,960 --> 00:38:21,320 Speaker 9: you look at market pricing, actually there's a strong chance 819 00:38:21,320 --> 00:38:24,920 Speaker 9: of an October September hike being factored in, and that's 820 00:38:24,960 --> 00:38:28,360 Speaker 9: obviously built into Morga tracks as they stand. So no, 821 00:38:28,640 --> 00:38:31,279 Speaker 9: I think that the markets are already there in some 822 00:38:31,360 --> 00:38:33,080 Speaker 9: sense and it would just be a bit of a 823 00:38:33,080 --> 00:38:35,800 Speaker 9: hattep or validation from We'll see. 824 00:38:35,880 --> 00:38:38,080 Speaker 2: What does that say if you're right, she's right and 825 00:38:38,120 --> 00:38:40,400 Speaker 2: that's what happens. What does it say about the capacity 826 00:38:40,400 --> 00:38:43,960 Speaker 2: of an economy that barely struggles to life. We're gasping 827 00:38:44,000 --> 00:38:45,759 Speaker 2: for breath and then all of a sudden we've got 828 00:38:45,760 --> 00:38:48,600 Speaker 2: too much growth. In other words, we can't grow before 829 00:38:48,600 --> 00:38:49,920 Speaker 2: we get capped. 830 00:38:51,640 --> 00:38:53,600 Speaker 9: Yeah, I think it's a really interesting thing to watch 831 00:38:53,640 --> 00:38:55,839 Speaker 9: from here is where that speed limit is. I mean, 832 00:38:56,080 --> 00:39:00,040 Speaker 9: how fast or not can we grow without generating inflation? 833 00:39:00,600 --> 00:39:03,000 Speaker 9: And I say the news on that front recently has 834 00:39:03,040 --> 00:39:05,960 Speaker 9: not been great. I mean we've been through a three year, 835 00:39:06,400 --> 00:39:09,719 Speaker 9: very difficult recessionary period and yet we haven't really seen 836 00:39:09,800 --> 00:39:12,279 Speaker 9: in face and come back to the extent we might 837 00:39:12,320 --> 00:39:14,680 Speaker 9: have might have liked. And so that's something that zero 838 00:39:14,680 --> 00:39:17,640 Speaker 9: BIG's going to have to factor and put into its thinking, 839 00:39:17,680 --> 00:39:20,120 Speaker 9: the fact that yeah, we made it have that slow 840 00:39:20,400 --> 00:39:22,560 Speaker 9: speed limit sticking around for this year. 841 00:39:22,719 --> 00:39:24,160 Speaker 2: It's going to be interesting to see and it might 842 00:39:24,160 --> 00:39:26,879 Speaker 2: appreciate it, Mike Giants, who's the Benz chief Economist, Mike, 843 00:39:26,920 --> 00:39:29,040 Speaker 2: that's quite the compliment. The bush page you there calling 844 00:39:29,040 --> 00:39:31,880 Speaker 2: you logan roy I took it as a compliment. Some 845 00:39:31,920 --> 00:39:34,319 Speaker 2: people might not actually speaking of the afore mentioned labor 846 00:39:34,360 --> 00:39:36,640 Speaker 2: party and the fact they're not serious people more at 847 00:39:36,640 --> 00:39:38,160 Speaker 2: a moment at seven twenty. 848 00:39:39,800 --> 00:39:44,000 Speaker 1: The Mike Asking Breakfast Full Show podcast on Iheard Radio 849 00:39:44,280 --> 00:39:45,719 Speaker 1: powered by News Talks. 850 00:39:45,480 --> 00:39:52,200 Speaker 2: Evy catalog time time to get excited. Big catalog, Good catalog, 851 00:39:52,280 --> 00:39:56,560 Speaker 2: Flash catalog, Chemist Warehouse Catalog, February catalog just dropped Summer 852 00:39:56,640 --> 00:39:58,759 Speaker 2: Love and Savings catalog. This is what we're talking about. 853 00:39:58,760 --> 00:40:00,719 Speaker 2: It's not just the perfume and vite jam packed with 854 00:40:00,760 --> 00:40:02,960 Speaker 2: everything you need. Big name fragrance is yes, of course, 855 00:40:03,760 --> 00:40:06,960 Speaker 2: flower Bomb Wire sel Paka of barn versashe all big 856 00:40:07,040 --> 00:40:08,920 Speaker 2: names with prices that are too good to miss out on. 857 00:40:08,920 --> 00:40:10,760 Speaker 2: But then you've got the everyday stuff. You got vitamin, 858 00:40:10,800 --> 00:40:15,120 Speaker 2: skin care, haircare, sports nutrition, electric toothbrushes and raises, all 859 00:40:15,120 --> 00:40:19,120 Speaker 2: at unbelievable prices. Some are still in play. SPF, sunscreens, 860 00:40:19,480 --> 00:40:22,680 Speaker 2: after sun lotions, body care, hydration supplements, all nicely priced, 861 00:40:22,719 --> 00:40:25,280 Speaker 2: sharply priced. If you're stocking up at the bathroom. Savings 862 00:40:25,360 --> 00:40:29,080 Speaker 2: run across those toothpastes and shampoos, deodorants, even toilet deodorized. 863 00:40:29,080 --> 00:40:31,120 Speaker 2: As bottom line is, if you're paying full price anywhere else, 864 00:40:31,200 --> 00:40:34,399 Speaker 2: you're crazy. So head on over to Chemists Warehouse shop 865 00:40:34,440 --> 00:40:36,200 Speaker 2: online if you like twenty four to seven. It is 866 00:40:36,360 --> 00:40:40,320 Speaker 2: great savings every day time at Chemist's Warehouse. 867 00:40:40,400 --> 00:40:41,719 Speaker 3: Pscy seven twenty three. 868 00:40:41,719 --> 00:40:45,279 Speaker 2: As I watched Chris Hipkins, presumably gleefully mess about with 869 00:40:45,320 --> 00:40:47,400 Speaker 2: the India Free Trade Deal, I was reminded this is 870 00:40:47,400 --> 00:40:49,680 Speaker 2: not the Labour party that did the FTA with China. 871 00:40:49,960 --> 00:40:52,920 Speaker 2: Hipkins is no Helen Clark. And then that is a 872 00:40:52,920 --> 00:40:55,400 Speaker 2: great sadness. And for all those who occasionally contact me 873 00:40:55,440 --> 00:40:58,560 Speaker 2: and ask the possibility of a so called grand coalition, 874 00:40:59,000 --> 00:41:01,359 Speaker 2: a relationship between the Labour in the national parties, next 875 00:41:01,400 --> 00:41:03,680 Speaker 2: time before you ask, look at the way Hipkins plays 876 00:41:03,719 --> 00:41:06,600 Speaker 2: these games, and there's your answer. Even in areas of 877 00:41:06,719 --> 00:41:10,480 Speaker 2: broad agreement, they still can't act like grown ups. It's 878 00:41:10,480 --> 00:41:12,799 Speaker 2: also a lesson in name be substance. The Labour Party 879 00:41:12,840 --> 00:41:15,560 Speaker 2: of the past few years is nothing like Labour of 880 00:41:15,560 --> 00:41:18,640 Speaker 2: the late nineties nearly two thousands that was a centrist version. 881 00:41:18,800 --> 00:41:19,560 Speaker 3: I mean, yes, they. 882 00:41:19,480 --> 00:41:21,480 Speaker 2: Still hand it out free money to people like students 883 00:41:21,480 --> 00:41:23,360 Speaker 2: to bribe them an election year, but the rest of 884 00:41:23,400 --> 00:41:25,759 Speaker 2: the time they actually ran the economy and growth. They 885 00:41:26,239 --> 00:41:29,280 Speaker 2: mean compared to Edmonds Cullen was a conservative Our. Labour 886 00:41:29,480 --> 00:41:31,760 Speaker 2: in the early parts of eighty four with LONGI was similar. 887 00:41:31,920 --> 00:41:34,360 Speaker 2: And here is your irony that Hipkins fails to recognize 888 00:41:34,520 --> 00:41:37,359 Speaker 2: Labour when they are broadly speaking middle of the road 889 00:41:37,760 --> 00:41:40,719 Speaker 2: are actually popular. Ask Bob Hawk or Paul Keating or 890 00:41:40,760 --> 00:41:44,399 Speaker 2: Tony Blair. Centrist labor is successful Labour. By the time 891 00:41:44,440 --> 00:41:48,120 Speaker 2: you take modern labor with Hipkins and zeppalone, you add 892 00:41:48,160 --> 00:41:49,799 Speaker 2: the Greens in the mix, you see the left wing 893 00:41:49,880 --> 00:41:52,160 Speaker 2: group think that not only keeps them out of office 894 00:41:52,280 --> 00:41:54,040 Speaker 2: but leads to the sort of game playing we've got 895 00:41:54,040 --> 00:41:57,279 Speaker 2: with the FTA. Yes, the government probably shouldn't have to 896 00:41:57,320 --> 00:41:59,120 Speaker 2: rely on them, and for all the games that Labour 897 00:41:59,160 --> 00:42:00,960 Speaker 2: plays in New Zealand four is just as bad with 898 00:42:01,000 --> 00:42:04,359 Speaker 2: their xenophobic nonsense. But Labour once had a global view. 899 00:42:04,400 --> 00:42:06,319 Speaker 2: It's not like the Chinese think back to it. It's 900 00:42:06,320 --> 00:42:09,279 Speaker 2: not like the Chinese weren't thought of with great suspicion 901 00:42:09,360 --> 00:42:11,760 Speaker 2: prior to two thousand and eight, But the bigger picture 902 00:42:11,840 --> 00:42:14,520 Speaker 2: was at play. The realization that large countries and their 903 00:42:14,560 --> 00:42:17,960 Speaker 2: economies could be good for everyone was a driving force. 904 00:42:18,640 --> 00:42:21,080 Speaker 2: What Labor would do well to do is put this 905 00:42:21,120 --> 00:42:24,400 Speaker 2: country first, not score points, not look like children, not 906 00:42:24,520 --> 00:42:26,880 Speaker 2: pretend they actually had anything to do with negotiating in 907 00:42:26,880 --> 00:42:29,360 Speaker 2: this thing at all. FTAs are big picture, not a 908 00:42:29,360 --> 00:42:33,480 Speaker 2: three year electoral cycle game. I don't think I'm alone 909 00:42:33,520 --> 00:42:35,959 Speaker 2: these days and wishing there were more adults in the room. 910 00:42:36,440 --> 00:42:39,520 Speaker 2: Labor ninety nine through two thousand and eight put the 911 00:42:39,560 --> 00:42:44,200 Speaker 2: current lot to shame pasking, which ironically is where Ginny 912 00:42:44,280 --> 00:42:44,680 Speaker 2: comes in. 913 00:42:44,880 --> 00:42:48,600 Speaker 20: Does she agree with Mike Hoskings of News Talk ZB 914 00:42:48,960 --> 00:42:50,680 Speaker 20: who said, quote. 915 00:42:50,440 --> 00:42:53,520 Speaker 12: You're on the show every week, get it what aqualities? 916 00:42:53,880 --> 00:42:54,560 Speaker 3: Yeah? 917 00:42:54,719 --> 00:42:57,560 Speaker 2: I think that was Bishop in the background. You're on 918 00:42:57,600 --> 00:42:59,920 Speaker 2: the show every week, get it right, personally getting my name. 919 00:43:00,200 --> 00:43:03,839 Speaker 2: There's a no consequence to me whatsoever. But you think 920 00:43:03,880 --> 00:43:08,160 Speaker 2: she might have worked that one out anyway. Speaker gave 921 00:43:08,160 --> 00:43:08,920 Speaker 2: her another chance. 922 00:43:09,120 --> 00:43:12,520 Speaker 20: Does she agree with Mike Hosking of News Talk ZB 923 00:43:12,880 --> 00:43:16,160 Speaker 20: who said, quote, the job stat for a government relying 924 00:43:16,200 --> 00:43:18,960 Speaker 20: on economic credibility took a right hook and will be 925 00:43:19,080 --> 00:43:20,160 Speaker 20: dazed if not. 926 00:43:20,520 --> 00:43:22,880 Speaker 2: Why not wasn't a bad question. Nicola got there, and 927 00:43:22,920 --> 00:43:24,160 Speaker 2: I'll come back to that in the moment, and she 928 00:43:24,320 --> 00:43:26,919 Speaker 2: let wrap two hundred and thirty seven thousand, by the way, 929 00:43:27,320 --> 00:43:29,360 Speaker 2: in fact, let's make it two hundred and thirty eight thousand. 930 00:43:29,800 --> 00:43:32,800 Speaker 2: So this report tells us that we are getting towards 931 00:43:32,880 --> 00:43:35,880 Speaker 2: the end of our ability to simply borrow more money 932 00:43:35,920 --> 00:43:39,600 Speaker 2: to do stuff. This is net core Crown debt. It 933 00:43:39,719 --> 00:43:44,479 Speaker 2: is forecast. Unless we do something radically to reach two 934 00:43:44,880 --> 00:43:48,640 Speaker 2: hundred percent of GDP by twenty sixty five, that would 935 00:43:48,640 --> 00:43:51,000 Speaker 2: be two hundred and thirty seven, nine hundred dollars for 936 00:43:51,160 --> 00:43:55,040 Speaker 2: each and every one of us. It's not doable. 937 00:43:55,520 --> 00:43:55,719 Speaker 3: Mike. 938 00:43:55,800 --> 00:43:57,399 Speaker 2: Why do you think we had a Ministry of Works 939 00:43:57,400 --> 00:44:00,160 Speaker 2: to look after New Zealand's infrastructure build and maintenance has 940 00:44:00,160 --> 00:44:02,680 Speaker 2: been downhill ever since Roger Douglas scraped it. Bret, you wrong, 941 00:44:02,719 --> 00:44:05,320 Speaker 2: You're one hundred percent wrong. Whatever the name was, whatever 942 00:44:05,360 --> 00:44:07,600 Speaker 2: the department was, is irrelevant. What it boils down to 943 00:44:08,200 --> 00:44:12,120 Speaker 2: is political attitude, fiscal attitude, and what you're funding is 944 00:44:12,440 --> 00:44:15,280 Speaker 2: how you fund is the key, not what the department's called. 945 00:44:15,480 --> 00:44:15,680 Speaker 3: Mike. 946 00:44:15,719 --> 00:44:18,279 Speaker 2: The reality is we're in the situation with infrastructure because 947 00:44:18,280 --> 00:44:20,120 Speaker 2: we haven't invested enough in it for years. All the 948 00:44:20,239 --> 00:44:22,799 Speaker 2: nice to haves bugger all on the mustabs, I think 949 00:44:22,920 --> 00:44:27,080 Speaker 2: and that we broadly speaking agree. It's speaking a broken 950 00:44:27,160 --> 00:44:28,879 Speaker 2: netball New Zealand. You had a look at that lately. 951 00:44:29,400 --> 00:44:32,279 Speaker 2: CEO went just before Christmas time. Nicely Matt Winner raised 952 00:44:32,280 --> 00:44:34,960 Speaker 2: the chair. He's the latest to quit. Why how what's 953 00:44:35,000 --> 00:44:36,000 Speaker 2: he learned out. 954 00:44:35,760 --> 00:44:38,040 Speaker 3: Of all with this? He's well, that's after the news, 955 00:44:38,040 --> 00:44:38,480 Speaker 3: which is. 956 00:44:38,480 --> 00:44:43,919 Speaker 1: Next no fluff, just facts and fierce debate. The Mic 957 00:44:44,000 --> 00:44:48,560 Speaker 1: Hosking breakfast with Bailey's real estate altogether better across residential, 958 00:44:48,560 --> 00:44:50,120 Speaker 1: commercial and rural news. 959 00:44:50,160 --> 00:44:52,799 Speaker 2: Togs Head been Politics Wednesday, after ad Mark and Jinny 960 00:44:52,880 --> 00:44:55,319 Speaker 2: in twenty three minutes away from a Netmore drama not 961 00:44:55,320 --> 00:44:57,440 Speaker 2: finished yet. CEO just went before Christmas. 962 00:44:57,480 --> 00:44:57,759 Speaker 3: Of course. 963 00:44:57,840 --> 00:45:00,080 Speaker 2: Now we got a board clean out, three members as 964 00:45:00,120 --> 00:45:00,839 Speaker 2: well as the chair. 965 00:45:00,960 --> 00:45:03,520 Speaker 3: The chair is Matt Wendray. Who's with us? Good morning 966 00:45:03,680 --> 00:45:04,239 Speaker 3: morning Mite. 967 00:45:04,440 --> 00:45:07,000 Speaker 2: Do you go willingly or have you been pushed? 968 00:45:09,040 --> 00:45:11,560 Speaker 18: Oh no, this is this is my decision as it 969 00:45:11,640 --> 00:45:16,600 Speaker 18: is with my fellow board members. Just reflected on the 970 00:45:16,640 --> 00:45:18,600 Speaker 18: period that we've had the challenges that we've had and 971 00:45:18,719 --> 00:45:22,400 Speaker 18: think that a change now will create some space for 972 00:45:23,480 --> 00:45:27,600 Speaker 18: some press press perspectives and new energy and momentum. And 973 00:45:27,640 --> 00:45:31,879 Speaker 18: I think also especially from a chair perspective, it's it's 974 00:45:31,920 --> 00:45:35,680 Speaker 18: really important from an incoming CEO perspective that they understand 975 00:45:35,680 --> 00:45:37,040 Speaker 18: who it is that they're going to be working with. 976 00:45:37,120 --> 00:45:39,440 Speaker 18: And that's why it's important for us to appoint a 977 00:45:39,440 --> 00:45:43,319 Speaker 18: new chair now. My tenure as a chair, the nine 978 00:45:43,400 --> 00:45:45,279 Speaker 18: years comes up right at the start of next year, 979 00:45:45,360 --> 00:45:48,640 Speaker 18: so so good time to do it now and enable 980 00:45:48,640 --> 00:45:50,240 Speaker 18: that new chair to be part of that process. 981 00:45:50,600 --> 00:45:52,799 Speaker 2: Did you do it collectively as a group the three 982 00:45:52,800 --> 00:45:54,800 Speaker 2: others as well? Did somebody you know you get together 983 00:45:54,880 --> 00:45:56,680 Speaker 2: over a drink and go, how about we all bail 984 00:45:56,760 --> 00:45:58,360 Speaker 2: on this and this would be good for the sport? 985 00:45:58,560 --> 00:46:00,480 Speaker 2: Or did it come into visually? 986 00:46:02,200 --> 00:46:05,520 Speaker 18: I think all the board members have had their own reflections. 987 00:46:06,040 --> 00:46:12,799 Speaker 18: We have been talking about about our individual positions and 988 00:46:12,920 --> 00:46:16,719 Speaker 18: also understanding and acknowledging that there's there's an expectation of 989 00:46:17,080 --> 00:46:21,600 Speaker 18: some change in the leadership from from the from the community, 990 00:46:22,320 --> 00:46:26,040 Speaker 18: and it's come from those sort of individual reflections that 991 00:46:26,040 --> 00:46:29,239 Speaker 18: that we've reached this position from in terms of the 992 00:46:29,280 --> 00:46:29,799 Speaker 18: board change. 993 00:46:30,160 --> 00:46:32,120 Speaker 2: How did it come to what it came to? 994 00:46:32,480 --> 00:46:39,520 Speaker 18: In your view, Ah, Look, I think everybody, everybody in 995 00:46:39,560 --> 00:46:42,959 Speaker 18: these processes is always trying to do the right thing, 996 00:46:43,040 --> 00:46:47,400 Speaker 18: by by, by the sport, and we ended up in 997 00:46:47,480 --> 00:46:52,920 Speaker 18: a position where we ultimately were able to find a 998 00:46:52,960 --> 00:46:55,759 Speaker 18: way forward. But what what we did along the way is, Look, 999 00:46:55,960 --> 00:46:59,040 Speaker 18: I think we can learn. We can certainly learn, and 1000 00:46:59,080 --> 00:47:01,600 Speaker 18: we know that our community cation could be better and 1001 00:47:01,640 --> 00:47:05,560 Speaker 18: at crucial times in this in this process, you know 1002 00:47:05,560 --> 00:47:09,040 Speaker 18: you're trying to balance the obligations that you have with 1003 00:47:09,120 --> 00:47:12,000 Speaker 18: the need to keep people informed. I know that we 1004 00:47:12,040 --> 00:47:15,279 Speaker 18: could have brought our stakeholders along more effectively, and I 1005 00:47:15,360 --> 00:47:17,239 Speaker 18: know that we have some stakeholders who felt that they 1006 00:47:17,239 --> 00:47:20,879 Speaker 18: were unheard. So so I think you don't think there's 1007 00:47:20,880 --> 00:47:24,239 Speaker 18: a combination of a bunch of things. It's never one 1008 00:47:24,360 --> 00:47:28,000 Speaker 18: It's never one thing with these types of situations, and 1009 00:47:28,080 --> 00:47:30,480 Speaker 18: I think that's that's why we found ourselves in a 1010 00:47:30,520 --> 00:47:33,480 Speaker 18: particularly challenging period through the back half the next year 1011 00:47:34,280 --> 00:47:34,719 Speaker 18: last year. 1012 00:47:34,760 --> 00:47:36,680 Speaker 3: Who regrets over Noline. 1013 00:47:38,520 --> 00:47:41,480 Speaker 18: Ah, yeah, Look, I think you know, I regret that 1014 00:47:42,239 --> 00:47:46,560 Speaker 18: I regret the hurt and that that's been failed in 1015 00:47:46,640 --> 00:47:51,239 Speaker 18: the network community. I regret the time that we've spent 1016 00:47:52,520 --> 00:47:56,920 Speaker 18: on this whole process, where we could have used all 1017 00:47:56,920 --> 00:48:01,240 Speaker 18: of that effort and all of that energy in focusing forward, 1018 00:48:01,480 --> 00:48:03,560 Speaker 18: and that's really what we're trying to do now is 1019 00:48:04,400 --> 00:48:07,200 Speaker 18: create some space, to create some some forward momentum. We've 1020 00:48:07,200 --> 00:48:09,799 Speaker 18: got a big couple of years ahead of US Calm 1021 00:48:09,840 --> 00:48:13,760 Speaker 18: Games obviously, and the premiership can start in April Netbil 1022 00:48:13,800 --> 00:48:16,799 Speaker 18: World Cup next year, and it's important to be able 1023 00:48:16,840 --> 00:48:20,160 Speaker 18: to create a reset, an opportunity to focus on all 1024 00:48:20,160 --> 00:48:22,440 Speaker 18: of that for everybody involved, including on me. 1025 00:48:23,160 --> 00:48:25,759 Speaker 2: Was it, in your view, Matt, the individuals and the 1026 00:48:25,760 --> 00:48:29,759 Speaker 2: way you guys handled the problem or was it the 1027 00:48:29,800 --> 00:48:35,000 Speaker 2: problem that's the problem. 1028 00:48:35,239 --> 00:48:40,960 Speaker 18: I think I think everybody was working with the best 1029 00:48:41,160 --> 00:48:45,120 Speaker 18: intentions in mind. I think in these things you're always 1030 00:48:45,560 --> 00:48:51,440 Speaker 18: up against some time pressures which potentially limit the options 1031 00:48:51,440 --> 00:48:56,440 Speaker 18: that you have, and so I think I think, you know, 1032 00:48:56,560 --> 00:49:00,319 Speaker 18: everybody was doing what they could and work with the 1033 00:49:00,320 --> 00:49:03,120 Speaker 18: best interest of netball at heart. But we ended up 1034 00:49:03,160 --> 00:49:07,920 Speaker 18: in that position given given the constraints around timing, and 1035 00:49:07,960 --> 00:49:11,520 Speaker 18: I think that's that's that's been the that's been the challenge. 1036 00:49:11,680 --> 00:49:14,000 Speaker 18: Like I said, look, there's certainly stuff that we we 1037 00:49:14,040 --> 00:49:16,920 Speaker 18: can learn from this process and will continue to reflect 1038 00:49:16,960 --> 00:49:19,719 Speaker 18: on that. And this is a represent reflection of that 1039 00:49:20,080 --> 00:49:21,960 Speaker 18: of those reflections as well, Have. 1040 00:49:21,960 --> 00:49:24,560 Speaker 2: You got a view on sport generally, It seems that 1041 00:49:24,640 --> 00:49:26,799 Speaker 2: sport admin in this country has hit some sort of 1042 00:49:26,840 --> 00:49:28,920 Speaker 2: wall between the rugby and the cricket and the netball 1043 00:49:29,000 --> 00:49:32,080 Speaker 2: and probably some others as well. At the administrative level, 1044 00:49:32,200 --> 00:49:33,960 Speaker 2: something's not right. Is that fair or not? 1045 00:49:36,160 --> 00:49:37,799 Speaker 18: I think it's a tough I think it's a tough 1046 00:49:37,800 --> 00:49:42,000 Speaker 18: gig sport administration. I think you think about you think 1047 00:49:42,000 --> 00:49:45,560 Speaker 18: about the commercial environment that everybody's operating, and that is 1048 00:49:45,600 --> 00:49:50,120 Speaker 18: a that is a really challenging place to be and 1049 00:49:50,120 --> 00:49:53,920 Speaker 18: and you've got you're trying to balance the commercial environment 1050 00:49:54,000 --> 00:49:57,120 Speaker 18: with managing the high performance environment. I think I think 1051 00:49:57,120 --> 00:50:03,640 Speaker 18: it is it requires particular set of skills and you know, 1052 00:50:03,680 --> 00:50:06,480 Speaker 18: I think I think that's just that's really challenging. And 1053 00:50:06,520 --> 00:50:08,200 Speaker 18: it's a reflection that you see that if you see 1054 00:50:08,200 --> 00:50:10,359 Speaker 18: it across across the board that I can really only 1055 00:50:10,400 --> 00:50:13,399 Speaker 18: speak for the netball, but yeah, yeah, it's a it's 1056 00:50:13,440 --> 00:50:14,399 Speaker 18: a tough gig, all. 1057 00:50:14,320 --> 00:50:17,080 Speaker 2: Right, Matt appreciate it. Matt Winerray out of while he's 1058 00:50:17,080 --> 00:50:18,960 Speaker 2: out of Japan. As it turns out, in the early 1059 00:50:19,000 --> 00:50:22,000 Speaker 2: hours of Japanese morning, while there's some massive pauses there. Mike, 1060 00:50:22,040 --> 00:50:24,239 Speaker 2: how many train whistles. We don't do train whistles. We 1061 00:50:24,280 --> 00:50:26,920 Speaker 2: do clown cars and trucks, but we can introduce the 1062 00:50:26,920 --> 00:50:28,600 Speaker 2: train whistle. I'm not saying we're not open to blue 1063 00:50:28,640 --> 00:50:30,920 Speaker 2: skying this one, Mike. All four appointed Knitball and New 1064 00:50:31,000 --> 00:50:34,360 Speaker 2: Zealand directors have resigned. All four elected directors remain. That 1065 00:50:34,400 --> 00:50:36,680 Speaker 2: tells the story. Matt Winner, Ray and co. Clearly was pushed. 1066 00:50:37,040 --> 00:50:39,200 Speaker 2: There's been one of the worst periods of Nitball, if 1067 00:50:39,239 --> 00:50:41,359 Speaker 2: not the worst. Seventeen to two. 1068 00:50:43,160 --> 00:50:47,640 Speaker 1: The mic asking Breakfast Full Show podcast on iHeartRadio powered 1069 00:50:47,680 --> 00:50:48,680 Speaker 1: by News Talks. 1070 00:50:48,400 --> 00:50:48,680 Speaker 13: It'd be. 1071 00:50:50,160 --> 00:50:53,200 Speaker 2: Forty five back to Ginny in the house yesterday. So 1072 00:50:53,280 --> 00:50:55,600 Speaker 2: she was trying she was trying to weaponize me. Basically, 1073 00:50:55,680 --> 00:50:57,480 Speaker 2: That's what was going on. She's trying to weaponize me, 1074 00:50:58,239 --> 00:51:00,279 Speaker 2: and she got my name wrong. When she did get 1075 00:51:00,320 --> 00:51:02,000 Speaker 2: my name right, she asked this. 1076 00:51:02,080 --> 00:51:05,320 Speaker 20: Does she agree with Mike Hosking of News Talk z B, 1077 00:51:05,800 --> 00:51:09,080 Speaker 20: who said, quote the job stat for a government relying 1078 00:51:09,120 --> 00:51:11,920 Speaker 20: on economic credibility took a right hook and will be 1079 00:51:12,000 --> 00:51:13,080 Speaker 20: dazed if not. 1080 00:51:13,480 --> 00:51:13,840 Speaker 12: Why not? 1081 00:51:14,600 --> 00:51:17,040 Speaker 2: The sad thing about that question was it wasn't even 1082 00:51:17,080 --> 00:51:20,120 Speaker 2: a quote of mine. It was the job stat didn't 1083 00:51:20,160 --> 00:51:22,560 Speaker 2: take the right hook. I said the government would have 1084 00:51:22,600 --> 00:51:25,960 Speaker 2: taken the right hook, not the job stats. Anyway, Be 1085 00:51:26,080 --> 00:51:27,719 Speaker 2: that as it may into Nicola. 1086 00:51:27,680 --> 00:51:30,880 Speaker 21: Well, mister speaker, what a thing for that member to 1087 00:51:30,960 --> 00:51:36,200 Speaker 21: quote Mike cost Game, because I'm sure she'll appreciate that 1088 00:51:36,239 --> 00:51:39,040 Speaker 21: he suddenly had some choice words about her and every 1089 00:51:39,160 --> 00:51:42,040 Speaker 21: single one of the colleagues along that front. 1090 00:51:41,840 --> 00:51:45,520 Speaker 22: Bench and the mess of a job they did in government. 1091 00:51:45,520 --> 00:51:48,879 Speaker 22: But if she wishes to selectively quote him, I would 1092 00:51:48,920 --> 00:51:51,440 Speaker 22: also point out that I did an interview with him 1093 00:51:51,440 --> 00:51:54,080 Speaker 22: on this very subject and he agreed that, yes, the 1094 00:51:54,160 --> 00:51:57,799 Speaker 22: underlying conditions do suggest unemployment will be coming down. But 1095 00:51:57,960 --> 00:52:00,880 Speaker 22: isn't it a shame that people will always highlight that 1096 00:52:01,080 --> 00:52:05,200 Speaker 22: headline stat. But Mike Costking to toe your team my team. 1097 00:52:05,239 --> 00:52:06,799 Speaker 12: I think we know who'd come out on top. 1098 00:52:10,000 --> 00:52:14,640 Speaker 2: Yes, Mike, Mike, did you hear Willie call you a traitor? 1099 00:52:14,760 --> 00:52:15,040 Speaker 3: Reyes? 1100 00:52:15,640 --> 00:52:22,920 Speaker 2: Funnily enough, I did. I chet gpt'ed whether calling someone 1101 00:52:22,960 --> 00:52:28,759 Speaker 2: as a traitor is libelous. It is unless, unfortunately, and 1102 00:52:28,800 --> 00:52:31,439 Speaker 2: this is what chet GPT told me, unless in the 1103 00:52:31,480 --> 00:52:38,920 Speaker 2: heat of political discourse, you can mount privilege or protected 1104 00:52:38,960 --> 00:52:42,040 Speaker 2: opinion as the illegal term protected opinion, So he's entitled 1105 00:52:42,080 --> 00:52:46,279 Speaker 2: to his opinion that I am a traitor. So for now, Willy, 1106 00:52:47,520 --> 00:52:48,400 Speaker 2: I'm not going to sue you. 1107 00:52:50,719 --> 00:52:53,080 Speaker 3: Probably he also got your name wrong, did you notice? 1108 00:52:53,160 --> 00:52:56,000 Speaker 3: But he's he's a moron. 1109 00:52:57,239 --> 00:53:00,000 Speaker 2: There is more on libelist. I don't believe so protected opinion? 1110 00:53:00,600 --> 00:53:01,520 Speaker 2: What about dickhead? 1111 00:53:01,520 --> 00:53:01,880 Speaker 3: Willie? 1112 00:53:01,960 --> 00:53:05,440 Speaker 2: Is dickheader now a protected opinion? Problem with infrastructure in 1113 00:53:05,480 --> 00:53:07,160 Speaker 2: New Zealand, Mike, because a lot of it gets completely 1114 00:53:07,160 --> 00:53:09,239 Speaker 2: stuffed up by local councils and then the government has 1115 00:53:09,280 --> 00:53:11,040 Speaker 2: to do it again. I'm very glad you raise that 1116 00:53:11,040 --> 00:53:12,600 Speaker 2: because I wanted to raise it with Bishop but I 1117 00:53:12,640 --> 00:53:15,960 Speaker 2: didn't have time. And moap point is your classic example. 1118 00:53:16,040 --> 00:53:20,279 Speaker 2: So the central government launches the inquiry. Why because the 1119 00:53:20,320 --> 00:53:23,840 Speaker 2: local government are clearly useless. If local governments are useless, 1120 00:53:23,840 --> 00:53:26,880 Speaker 2: and by and large they are not everyone but mainly, 1121 00:53:27,160 --> 00:53:29,399 Speaker 2: and that's why we've got the problems they are. It's 1122 00:53:29,400 --> 00:53:31,640 Speaker 2: always the central government that has to clean up the problem. 1123 00:53:31,680 --> 00:53:34,200 Speaker 2: So why do we have cral local government with so 1124 00:53:34,239 --> 00:53:37,359 Speaker 2: much power if they can't do the job properly? Which 1125 00:53:37,400 --> 00:53:40,640 Speaker 2: is not a bad question. So, Mike, the voters need 1126 00:53:40,680 --> 00:53:42,960 Speaker 2: to hear more in depth information such as we just 1127 00:53:43,000 --> 00:53:45,439 Speaker 2: heard from Chris Bishop on how New Zealand's being moved forward, 1128 00:53:45,520 --> 00:53:46,720 Speaker 2: not just the headline. 1129 00:53:46,320 --> 00:53:46,680 Speaker 3: Of the week. 1130 00:53:46,680 --> 00:53:48,320 Speaker 2: I couldn't agree with you more. But I might be 1131 00:53:48,360 --> 00:53:51,239 Speaker 2: getting old and dilapidated because I was watching us talking 1132 00:53:51,239 --> 00:53:53,600 Speaker 2: about this with Sammy this morning. And Sammy's eighteen years old. Now, 1133 00:53:53,719 --> 00:53:55,600 Speaker 2: ye had his birthday the other day, so he's one 1134 00:53:55,640 --> 00:53:57,480 Speaker 2: of the youngins. And I said, is it just me, 1135 00:53:57,600 --> 00:54:00,400 Speaker 2: Sammy or I'm watching the news last night? Gave the 1136 00:54:00,600 --> 00:54:03,000 Speaker 2: example the Bishop, I'm watching the news last night is 1137 00:54:03,040 --> 00:54:05,319 Speaker 2: the six o'clock news. And I remind you once again, 1138 00:54:05,360 --> 00:54:07,719 Speaker 2: I only watch it because I have to, because all 1139 00:54:07,760 --> 00:54:10,040 Speaker 2: the stuff they had these days, because there's no journalists left, 1140 00:54:10,040 --> 00:54:11,640 Speaker 2: it's all rip and read stuff that you've read and 1141 00:54:11,719 --> 00:54:13,960 Speaker 2: seen throughout the day on the radio and read and 1142 00:54:14,000 --> 00:54:17,200 Speaker 2: the various webs newswire services. Anyway, there's not an original 1143 00:54:17,239 --> 00:54:20,160 Speaker 2: story there on the six o'clock news anymore? Is the 1144 00:54:20,200 --> 00:54:23,520 Speaker 2: six o'clock news just really for idiots? In other words, 1145 00:54:23,520 --> 00:54:25,560 Speaker 2: So the guy they had on the little vox pop, 1146 00:54:25,680 --> 00:54:28,000 Speaker 2: so they go, would you pay nine dollars across the bridge? 1147 00:54:28,000 --> 00:54:29,680 Speaker 2: They go to some clown who's standing on a corner 1148 00:54:29,680 --> 00:54:32,120 Speaker 2: at two o'clock in the afternoon with nothing better to do, 1149 00:54:32,160 --> 00:54:33,480 Speaker 2: and talk to a camera, and he goes, no, I 1150 00:54:33,480 --> 00:54:35,360 Speaker 2: get a lot on my Facebook stuff across the bridge 1151 00:54:35,360 --> 00:54:37,160 Speaker 2: and the shore, so I won't pay nine dollars. So 1152 00:54:37,200 --> 00:54:38,880 Speaker 2: he's on Facebook marketplace. I get a lot on my 1153 00:54:38,920 --> 00:54:41,960 Speaker 2: Facebook marketplace across the bridge, so I can't do that. 1154 00:54:42,560 --> 00:54:44,560 Speaker 2: Now what does that tell me? I mean, apart from 1155 00:54:44,600 --> 00:54:47,600 Speaker 2: the fact New Zealand has too many clowns, it doesn't 1156 00:54:47,600 --> 00:54:50,240 Speaker 2: advance the cause, It doesn't answer a question, it doesn't 1157 00:54:50,320 --> 00:54:54,000 Speaker 2: enlighten me, it doesn't give me any detail, it doesn't 1158 00:54:54,120 --> 00:54:54,640 Speaker 2: educate me. 1159 00:54:55,600 --> 00:54:57,239 Speaker 3: So what's the point I reckon? 1160 00:54:57,280 --> 00:54:59,280 Speaker 15: He's paid at least nine dollars too much for whatever 1161 00:54:59,320 --> 00:55:00,680 Speaker 15: he bought on faceboo got marketplace. 1162 00:55:00,680 --> 00:55:08,399 Speaker 3: By those sides of things, sick of it. 1163 00:55:08,480 --> 00:55:11,680 Speaker 2: There are a lot of idiots, thank you. Ten minutes 1164 00:55:11,680 --> 00:55:13,600 Speaker 2: away from it, the mic. 1165 00:55:13,520 --> 00:55:16,400 Speaker 1: Hosking breakfast with the Defender and news togs. 1166 00:55:16,120 --> 00:55:17,480 Speaker 3: Deadb sipping away from it. 1167 00:55:17,560 --> 00:55:20,360 Speaker 2: So Open Star Technologies have taken a serious step in 1168 00:55:20,400 --> 00:55:23,480 Speaker 2: the global race for nuclear fusion. So they've successfully levitated 1169 00:55:23,480 --> 00:55:27,200 Speaker 2: a half ton superconducting magnet. That's a key milestone to 1170 00:55:27,280 --> 00:55:30,960 Speaker 2: recreating what they're chasing Ratu Matara. Doctor Ratu Matara is 1171 00:55:30,960 --> 00:55:33,440 Speaker 2: the chief executive at open Star Technologies, and it's with us, 1172 00:55:33,520 --> 00:55:34,360 Speaker 2: Ratu morning. 1173 00:55:35,080 --> 00:55:38,839 Speaker 15: I'm worrying, mate, Now what Oh, that's a great question. 1174 00:55:39,520 --> 00:55:41,239 Speaker 15: So I think a big piece of us is that 1175 00:55:41,360 --> 00:55:44,640 Speaker 15: we've proven that the engineering can be done. So like 1176 00:55:44,840 --> 00:55:47,920 Speaker 15: getting a magnet like this to levitate is something that 1177 00:55:48,040 --> 00:55:52,000 Speaker 15: people broadly thought was impossible. But the machine that we've 1178 00:55:52,040 --> 00:55:56,759 Speaker 15: built here doesn't push any aspect to the maximum. So 1179 00:55:56,960 --> 00:55:59,040 Speaker 15: we could have built a more powerful magnet, We could 1180 00:55:59,080 --> 00:56:00,879 Speaker 15: have had a better vacuum chain, we could have had 1181 00:56:00,920 --> 00:56:03,279 Speaker 15: a more powerful heating system, but all of that would 1182 00:56:03,280 --> 00:56:05,919 Speaker 15: have cost money that we didn't have right at the start. 1183 00:56:06,480 --> 00:56:08,759 Speaker 15: And so now that we've hit this milestone, it's time 1184 00:56:08,840 --> 00:56:11,320 Speaker 15: to take the next step, build our next machine and 1185 00:56:11,560 --> 00:56:14,680 Speaker 15: push those different aspects of a design to their maximum, 1186 00:56:15,200 --> 00:56:17,680 Speaker 15: most the strongest magnet, we can have, the best heating system, 1187 00:56:18,120 --> 00:56:21,080 Speaker 15: and really push for performance and just how hot we 1188 00:56:21,200 --> 00:56:22,080 Speaker 15: can get these plasmas. 1189 00:56:22,560 --> 00:56:25,439 Speaker 2: Is there an ownership in what you're doing in terms 1190 00:56:25,520 --> 00:56:28,440 Speaker 2: of patents and once you crack it then it's yours 1191 00:56:28,640 --> 00:56:30,719 Speaker 2: or is this just a global thing that will all 1192 00:56:30,800 --> 00:56:31,800 Speaker 2: benefit from eventually? 1193 00:56:33,600 --> 00:56:35,759 Speaker 15: I think that's a matter of timeframe. But if you 1194 00:56:35,960 --> 00:56:38,239 Speaker 15: ask us at open Star, we called it open Star 1195 00:56:38,320 --> 00:56:40,160 Speaker 15: for a reason. We actually try to be as open 1196 00:56:40,280 --> 00:56:44,000 Speaker 15: and collaborative with other companies in the space who are 1197 00:56:44,280 --> 00:56:47,960 Speaker 15: pursuing other approaches to fusion. But with respect to VIP, 1198 00:56:48,200 --> 00:56:50,600 Speaker 15: we really try to protect the thing that makes open 1199 00:56:50,640 --> 00:56:54,200 Speaker 15: Star special, which is this levitated dipole machine that we 1200 00:56:54,280 --> 00:56:57,640 Speaker 15: are building, and so we file for patterns protection know 1201 00:56:57,760 --> 00:57:01,239 Speaker 15: how about how to build these machines and very surprised 1202 00:57:01,560 --> 00:57:07,239 Speaker 15: if others could figure it out in practice without our expertise, 1203 00:57:07,320 --> 00:57:10,320 Speaker 15: without the access to those patterns, And so we protect 1204 00:57:10,400 --> 00:57:14,799 Speaker 15: our core IP while still building partnerships at a global level. 1205 00:57:14,920 --> 00:57:18,560 Speaker 2: That's super exciting. If you get to will you get 1206 00:57:18,600 --> 00:57:19,920 Speaker 2: to fusion in your lifetime? 1207 00:57:20,800 --> 00:57:21,840 Speaker 13: Oh yeah, absolutely no. 1208 00:57:21,960 --> 00:57:23,800 Speaker 15: I wouldn't be doing it if I didn't think that 1209 00:57:23,920 --> 00:57:24,200 Speaker 15: was true. 1210 00:57:24,480 --> 00:57:26,720 Speaker 2: And when we get there, then what's it solved? And 1211 00:57:26,840 --> 00:57:28,160 Speaker 2: how transformative is it? 1212 00:57:29,520 --> 00:57:32,640 Speaker 15: I think a really big thing is we need an access. 1213 00:57:33,200 --> 00:57:35,720 Speaker 15: We need access to a type of energy that doesn't 1214 00:57:35,760 --> 00:57:39,840 Speaker 15: pollute the world, and that is abundant and in particular 1215 00:57:40,760 --> 00:57:44,320 Speaker 15: disconnected from kind of the luck of a draw as 1216 00:57:44,400 --> 00:57:47,680 Speaker 15: to where say fuel was, So the fuels that we 1217 00:57:47,840 --> 00:57:51,280 Speaker 15: use for fusion are abundant. We will never run out 1218 00:57:51,280 --> 00:57:53,840 Speaker 15: of them, and you don't have to be a special country, 1219 00:57:54,160 --> 00:57:56,600 Speaker 15: you know, to dig it out of the ground. And 1220 00:57:56,680 --> 00:57:59,640 Speaker 15: I think that really changes the way that energy impacts 1221 00:57:59,680 --> 00:58:03,000 Speaker 15: for world. So not only can we live in a cleaner, 1222 00:58:03,000 --> 00:58:05,040 Speaker 15: greener world, not only can we have more abundant and 1223 00:58:05,120 --> 00:58:08,120 Speaker 15: cheaper energy, but we can also stop being held to 1224 00:58:08,240 --> 00:58:12,120 Speaker 15: ransom by say less friendly countries that happen to have 1225 00:58:12,200 --> 00:58:16,400 Speaker 15: a lot of it, and start having everybody act the 1226 00:58:16,480 --> 00:58:17,040 Speaker 15: way they should. 1227 00:58:17,280 --> 00:58:19,000 Speaker 2: Fantastic, good on, You're right, You're nice to talk to 1228 00:58:19,000 --> 00:58:22,280 Speaker 2: you again, doctor Rutter and Matyra. Who's the Open Star CEO? 1229 00:58:22,400 --> 00:58:25,320 Speaker 2: That's lift of my spirits? No end, that's in the hut. 1230 00:58:25,360 --> 00:58:26,680 Speaker 2: By the way, they're in the hut. 1231 00:58:27,960 --> 00:58:30,120 Speaker 3: There's something going on in the hut, isn't there? Well? 1232 00:58:30,240 --> 00:58:33,240 Speaker 2: According to the Herald, pizza shops are closing. But yeah, 1233 00:58:33,360 --> 00:58:35,360 Speaker 2: there's some good stuff going on in the hut as well. 1234 00:58:35,720 --> 00:58:40,080 Speaker 3: And we know that and Patoni as well. Jackson's Jackson Street. 1235 00:58:40,880 --> 00:58:43,080 Speaker 2: I don't know that Open Stars not in Jackson Street. 1236 00:58:43,640 --> 00:58:45,720 Speaker 2: I didn't Google map them. They could be in Jackson Street, 1237 00:58:46,040 --> 00:58:48,080 Speaker 2: emailed my mother last night about the weather, because we're 1238 00:58:48,080 --> 00:58:50,160 Speaker 2: obsessed about the weather in this country as well. She goes, well, 1239 00:58:50,200 --> 00:58:52,479 Speaker 2: friends at Governor's Bay are stuck there. The bank above 1240 00:58:52,520 --> 00:58:55,040 Speaker 2: their drive collapsed and blocked them in. So bad news 1241 00:58:55,240 --> 00:58:58,040 Speaker 2: news coverage. But I said, score this out of ten, 1242 00:58:58,080 --> 00:59:00,720 Speaker 2: She goes, well, a point five for drama team for 1243 00:59:00,800 --> 00:59:03,080 Speaker 2: how cold it is in February, but team forgiving my 1244 00:59:03,160 --> 00:59:05,200 Speaker 2: garden enough rain for a week or three. Sir, that's 1245 00:59:05,240 --> 00:59:07,320 Speaker 2: mum's report on the weather in the last couple of days. 1246 00:59:07,880 --> 00:59:14,720 Speaker 1: News is next, asking the questions others won't the mic 1247 00:59:14,800 --> 00:59:19,480 Speaker 1: asking breakfast with Alvida, retirement, communities, life your way, news 1248 00:59:19,560 --> 00:59:21,120 Speaker 1: talks dead be that's life. 1249 00:59:24,760 --> 00:59:26,760 Speaker 7: That's what all people say. 1250 00:59:27,000 --> 00:59:30,240 Speaker 3: Gee, that's good. Friday four, isn't it? You're riding high? 1251 00:59:30,840 --> 00:59:33,880 Speaker 3: It shot down. 1252 00:59:35,360 --> 00:59:37,360 Speaker 2: He's recorded this at his home studio too. Would be 1253 00:59:37,400 --> 00:59:40,120 Speaker 2: nice to have a home studio. Before I tell you 1254 00:59:40,200 --> 00:59:41,240 Speaker 2: who this is, listen to this. 1255 00:59:41,520 --> 00:59:45,120 Speaker 11: What can Luca break to this final Let's see coming 1256 00:59:45,200 --> 00:59:48,400 Speaker 11: in hopping switch and looking over that right shoulder and 1257 00:59:48,520 --> 00:59:51,440 Speaker 11: winding up for the switch right triple. 1258 00:59:52,920 --> 00:59:55,760 Speaker 3: Wow, so much control. 1259 00:59:55,440 --> 00:59:59,640 Speaker 5: On that one and speed. Clearly he harnessed that he sa. 1260 01:00:01,080 --> 01:00:03,080 Speaker 2: Wow, put it down I was insane. 1261 01:00:03,400 --> 01:00:07,400 Speaker 11: Oh my goodness, Luca Harrington just about landing in the 1262 01:00:07,520 --> 01:00:10,120 Speaker 11: parking lot on that one. Luke got stoked with that 1263 01:00:10,320 --> 01:00:13,880 Speaker 11: one and putting up a ninety four flat the highest 1264 01:00:13,880 --> 01:00:17,200 Speaker 11: score of the evening so far. You're new leader from 1265 01:00:17,280 --> 01:00:18,800 Speaker 11: New Zealand, Luca Harrington. 1266 01:00:19,080 --> 01:00:21,760 Speaker 2: Yeah, the key was so far. He's now sitting in 1267 01:00:22,000 --> 01:00:24,280 Speaker 2: third or bronze medal position. 1268 01:00:24,400 --> 01:00:25,320 Speaker 3: This is one to back up. 1269 01:00:25,600 --> 01:00:28,760 Speaker 2: I've been a public This is Paul anchor thirtieth album. 1270 01:00:30,640 --> 01:00:34,440 Speaker 2: It's quite moving, they say, recorded at his home in California, 1271 01:00:34,480 --> 01:00:36,760 Speaker 2: but also backed by a symphony orchestra that was recorded 1272 01:00:36,760 --> 01:00:39,400 Speaker 2: in Budapest. I don't know why that he didn't invite 1273 01:00:39,400 --> 01:00:40,080 Speaker 2: them around to his house. 1274 01:00:40,280 --> 01:00:40,600 Speaker 13: I know. 1275 01:00:42,680 --> 01:00:46,200 Speaker 2: Some re records, some mix of covers, some new material, 1276 01:00:46,360 --> 01:00:50,480 Speaker 2: and indeed one song that he co wrote with Michael Jackson, 1277 01:00:52,000 --> 01:00:53,400 Speaker 2: eleven tracks, forty two. 1278 01:00:53,280 --> 01:00:57,560 Speaker 3: Minutes and fifty nine buck in. It was a minutes 1279 01:00:57,600 --> 01:00:58,000 Speaker 3: past day. 1280 01:00:58,000 --> 01:01:00,480 Speaker 2: Time for politics Wednesday, Mike Mitchell with US Long with 1281 01:01:00,560 --> 01:01:01,120 Speaker 2: Jenny Anderson. 1282 01:01:01,160 --> 01:01:01,919 Speaker 3: Good morning to you both. 1283 01:01:03,080 --> 01:01:04,360 Speaker 23: Hey, good morning, Mike, morning. 1284 01:01:04,200 --> 01:01:06,360 Speaker 12: Jilly, Good morning, Mike, Good morning, Mark. 1285 01:01:06,680 --> 01:01:09,000 Speaker 3: Jenny. Do you owe me an apology? 1286 01:01:10,440 --> 01:01:10,640 Speaker 16: Well? 1287 01:01:10,720 --> 01:01:14,840 Speaker 20: I probably do, actually, but I was a little bit 1288 01:01:14,920 --> 01:01:18,640 Speaker 20: sleep deprived, to be honest. So the thing is that 1289 01:01:18,800 --> 01:01:21,960 Speaker 20: my mother, who often makes the sound on a mistake, 1290 01:01:22,040 --> 01:01:25,520 Speaker 20: I correct her regularly and she listens, and so she 1291 01:01:25,640 --> 01:01:28,720 Speaker 20: will be thinking this is hilarious because I correct her 1292 01:01:28,760 --> 01:01:30,040 Speaker 20: and then I've done the same things. 1293 01:01:30,320 --> 01:01:32,760 Speaker 2: Well, that makes your hypocrite, Jenny. You're correcting your mother 1294 01:01:33,040 --> 01:01:34,720 Speaker 2: and then you're making the same mistake in front of 1295 01:01:34,720 --> 01:01:35,760 Speaker 2: the nation for goodness sake. 1296 01:01:36,240 --> 01:01:39,000 Speaker 20: Yeah, Well, a tree fell on my house and defense 1297 01:01:39,080 --> 01:01:40,280 Speaker 20: and I have been a little bit. 1298 01:01:40,280 --> 01:01:42,560 Speaker 12: Sleep deprived, and so what's the state of your house? 1299 01:01:43,760 --> 01:01:45,840 Speaker 12: It's not good. We have to get a crane to 1300 01:01:45,880 --> 01:01:46,400 Speaker 12: get it off. 1301 01:01:46,680 --> 01:01:47,919 Speaker 3: So when did that happen? 1302 01:01:47,960 --> 01:01:51,320 Speaker 12: A big tree that happened in the big storm in Wellington. 1303 01:01:51,440 --> 01:01:54,440 Speaker 2: Yeah, but what day though, It's it's Wednesday, Monday. 1304 01:01:55,680 --> 01:02:01,000 Speaker 12: So it hat on Sunday Sunday nights. That's something I've 1305 01:02:01,040 --> 01:02:01,960 Speaker 12: got moved yet. 1306 01:02:02,520 --> 01:02:03,160 Speaker 3: Who you're ringing? 1307 01:02:04,240 --> 01:02:06,880 Speaker 20: It's well, you come to the heart and get a crane. 1308 01:02:06,960 --> 01:02:09,280 Speaker 20: Everyone's got a tree on their roof. The whole area 1309 01:02:09,320 --> 01:02:13,960 Speaker 20: has been really impacted by the storm. So it's it's 1310 01:02:14,200 --> 01:02:16,760 Speaker 20: it's significant and there's a big cure up to get the. 1311 01:02:17,320 --> 01:02:19,800 Speaker 2: Crane and get the people on well The only reason 1312 01:02:19,840 --> 01:02:21,320 Speaker 2: I asked when we had a big storm in Wellington, 1313 01:02:21,320 --> 01:02:23,200 Speaker 2: which wasn't that long ago market No, because he's the 1314 01:02:23,240 --> 01:02:26,440 Speaker 2: Minister of Emergency Events. Anyway, the neighbors came and they 1315 01:02:26,480 --> 01:02:28,360 Speaker 2: had somebody around their house in about half an hour's 1316 01:02:28,400 --> 01:02:30,320 Speaker 2: time and they started, you know, pulling the tree and 1317 01:02:30,680 --> 01:02:32,800 Speaker 2: slicing it into a million pieces and got it sorted. 1318 01:02:33,080 --> 01:02:34,520 Speaker 2: I mean, what's the house like? I mean it must 1319 01:02:34,560 --> 01:02:36,120 Speaker 2: be leaking and problematic, musn't it. 1320 01:02:37,320 --> 01:02:39,080 Speaker 12: Well, it is incredibly lucky. 1321 01:02:39,160 --> 01:02:40,960 Speaker 20: It could have gone through a whole set of windows 1322 01:02:41,000 --> 01:02:43,720 Speaker 20: and inside, so it's sort of landed on a dick area. 1323 01:02:43,760 --> 01:02:46,480 Speaker 20: But it has damaged the house. But it's broken our windows, 1324 01:02:46,520 --> 01:02:47,920 Speaker 20: so the house isn't open to the element. 1325 01:02:48,000 --> 01:02:49,080 Speaker 3: And the insurance company is. 1326 01:02:49,080 --> 01:02:52,800 Speaker 20: Playing yep, they're good, yep there, it's all lodged and everything. 1327 01:02:52,960 --> 01:02:55,040 Speaker 20: But we just have to wait for a crane. But yeah, 1328 01:02:55,040 --> 01:02:57,200 Speaker 20: I had to go to sleep for Saturday night. Sorry, 1329 01:02:57,440 --> 01:03:00,440 Speaker 20: it was when it landed in. I had to go 1330 01:03:00,440 --> 01:03:01,840 Speaker 20: to sleep with it. You were a tree over your 1331 01:03:01,880 --> 01:03:04,240 Speaker 20: head and you're sort of wondering whether I'm right through 1332 01:03:04,280 --> 01:03:05,600 Speaker 20: the roof or not, do you know? 1333 01:03:05,880 --> 01:03:07,280 Speaker 12: Yeah, it's been pretty pretty hot up. 1334 01:03:07,360 --> 01:03:09,360 Speaker 2: This isn't new though, to be fair, because in nineteen 1335 01:03:09,440 --> 01:03:11,840 Speaker 2: sixty five, No, it wasn't. It was nineteen sixty nine 1336 01:03:11,880 --> 01:03:15,320 Speaker 2: and the Wahenee storm. I almost was killed by a 1337 01:03:15,400 --> 01:03:19,560 Speaker 2: falling tree on our house. Really really yeah, and this 1338 01:03:19,720 --> 01:03:21,280 Speaker 2: was in Gisban. I didn't know it was the Waheni 1339 01:03:21,360 --> 01:03:23,480 Speaker 2: storm at the time because I was only four, but 1340 01:03:23,600 --> 01:03:25,240 Speaker 2: I was asleep in the tree and we lived next 1341 01:03:25,240 --> 01:03:27,960 Speaker 2: to a gully and Gisbon and this tree came down 1342 01:03:28,040 --> 01:03:29,840 Speaker 2: and literally in the morning was blocking the window of 1343 01:03:29,920 --> 01:03:31,600 Speaker 2: my bedroom. Based on the fact that it had fallen 1344 01:03:31,680 --> 01:03:33,320 Speaker 2: right out, so I could have gone straight through, killed 1345 01:03:33,360 --> 01:03:35,160 Speaker 2: me and we wouldn't be here having this conversation. 1346 01:03:35,320 --> 01:03:35,440 Speaker 18: Now. 1347 01:03:36,680 --> 01:03:37,280 Speaker 13: No, that's right. 1348 01:03:37,960 --> 01:03:39,880 Speaker 23: I didn't realize you had ties back to Gisbon. 1349 01:03:40,000 --> 01:03:41,680 Speaker 3: That's very cool. I got tires everywhere. 1350 01:03:41,720 --> 01:03:45,960 Speaker 23: Mate, Hey, listen just really quickly on that. While we're 1351 01:03:45,960 --> 01:03:48,960 Speaker 23: talking about storms. I was a nature honer this week 1352 01:03:49,160 --> 01:03:52,520 Speaker 23: and there was sort of a you call it a 1353 01:03:52,640 --> 01:03:54,960 Speaker 23: rural street court meeting where a lot of the farmers 1354 01:03:55,040 --> 01:03:56,200 Speaker 23: that were out and I was meeting with him and 1355 01:03:56,240 --> 01:03:58,520 Speaker 23: talking to them. They all wanted to talk about everyone's 1356 01:03:58,640 --> 01:04:01,000 Speaker 23: There was flooding, the schools being They all wanted to 1357 01:04:01,040 --> 01:04:04,920 Speaker 23: talk about the Mike Hoskins Show, and in particular Neville, 1358 01:04:05,160 --> 01:04:06,120 Speaker 23: who's a huge. 1359 01:04:05,920 --> 01:04:06,520 Speaker 3: Fan of yours. 1360 01:04:07,080 --> 01:04:08,880 Speaker 23: He said, would you please give me? Would you please 1361 01:04:08,920 --> 01:04:11,600 Speaker 23: give me a shout out? So, Neville, here's your shout 1362 01:04:11,640 --> 01:04:12,760 Speaker 23: out on the Mike Hoskins Show. 1363 01:04:12,800 --> 01:04:12,960 Speaker 7: Mate. 1364 01:04:13,040 --> 01:04:15,440 Speaker 2: Never Nevill a vote or a hunger. I'm very I'm 1365 01:04:15,520 --> 01:04:18,760 Speaker 2: very pleased you'll be able to do that. The can 1366 01:04:18,840 --> 01:04:21,880 Speaker 2: I just ask one another weird question? Mark, just quickly, 1367 01:04:22,000 --> 01:04:23,680 Speaker 2: do we hand out if we hand out money to 1368 01:04:23,720 --> 01:04:25,320 Speaker 2: our medallists at the Olympics, how much is it? 1369 01:04:25,400 --> 01:04:28,439 Speaker 3: Do you know? No, I'm not sure. 1370 01:04:28,480 --> 01:04:31,600 Speaker 23: I know that High Performance Support obviously has got ways 1371 01:04:31,640 --> 01:04:34,200 Speaker 23: of being able to support our anyone in that high 1372 01:04:34,240 --> 01:04:37,680 Speaker 23: performance sport program financially, but no, I'm not sure in 1373 01:04:37,720 --> 01:04:38,080 Speaker 23: the number. 1374 01:04:38,240 --> 01:04:42,760 Speaker 2: Okay, Ginny, are you guys this letter from Chipster on 1375 01:04:42,960 --> 01:04:45,240 Speaker 2: the f t A and stuff. Are you playing games 1376 01:04:45,280 --> 01:04:47,320 Speaker 2: here or do you actually want to do some business? 1377 01:04:48,400 --> 01:04:49,120 Speaker 12: No, not at all. 1378 01:04:49,560 --> 01:04:53,000 Speaker 20: We definitely want to do business, and look national did 1379 01:04:53,120 --> 01:04:55,120 Speaker 20: some of the things when it's the China FTA. We 1380 01:04:55,240 --> 01:04:57,160 Speaker 20: want to know the details and what we're signing up to, 1381 01:04:57,760 --> 01:05:00,480 Speaker 20: and there are some areas that aren't clear and one 1382 01:05:00,520 --> 01:05:03,680 Speaker 20: in particular for me is that investment clause, you know, 1383 01:05:03,840 --> 01:05:06,240 Speaker 20: committing New Zealand to what is in New Zealand dollars 1384 01:05:06,320 --> 01:05:10,480 Speaker 20: thirty three billion dollars an investment over fifteen years, and 1385 01:05:10,920 --> 01:05:13,720 Speaker 20: we just get told all that's aspirational, But there is 1386 01:05:13,760 --> 01:05:16,439 Speaker 20: a real concern that in fifteen years time, we backed 1387 01:05:16,480 --> 01:05:19,760 Speaker 20: into a corner in a much bigger country, is working 1388 01:05:19,880 --> 01:05:21,960 Speaker 20: us for not investing what we've promised we would and 1389 01:05:22,000 --> 01:05:24,120 Speaker 20: that could impact on those goods that get into that country. 1390 01:05:24,560 --> 01:05:27,760 Speaker 20: So all we're asking for are the details of advice 1391 01:05:27,880 --> 01:05:30,960 Speaker 20: that have been redacted and blocked out in those papers. 1392 01:05:31,120 --> 01:05:33,040 Speaker 20: We want to know all those details before we sign 1393 01:05:33,160 --> 01:05:33,400 Speaker 20: up to it. 1394 01:05:33,480 --> 01:05:35,160 Speaker 2: All right, Breth break come back in the moment, Jails 1395 01:05:35,680 --> 01:05:37,560 Speaker 2: a hold on Micdove, come back and get your review. 1396 01:05:37,880 --> 01:05:38,560 Speaker 2: Mark Mitchell as well. 1397 01:05:38,640 --> 01:05:42,880 Speaker 1: Thirteen past the Mic Hosking Breakfast Full Show podcast on 1398 01:05:43,200 --> 01:05:45,360 Speaker 1: iHeartRadio powered by News Talks. 1399 01:05:45,400 --> 01:05:47,360 Speaker 3: It be Us Talks. 1400 01:05:47,400 --> 01:05:49,120 Speaker 2: It will be sixteen past eight. It's more correction on 1401 01:05:49,160 --> 01:05:51,200 Speaker 2: the Wahine. He's sixty eight, not sixty nine, So I's 1402 01:05:51,240 --> 01:05:53,240 Speaker 2: three at the time. Not for my apologies, Mark, you 1403 01:05:53,320 --> 01:05:54,080 Speaker 2: were going to say. 1404 01:05:55,560 --> 01:05:56,800 Speaker 23: And I was just going to say on the free 1405 01:05:56,840 --> 01:05:59,200 Speaker 23: trade agreement. You know, I've been through this before. We 1406 01:05:59,280 --> 01:06:02,320 Speaker 23: had the Tepeek and you had the protests and everyone 1407 01:06:02,400 --> 01:06:04,800 Speaker 23: coming out that the sky was going to fall in 1408 01:06:04,960 --> 01:06:07,040 Speaker 23: and how bad was it, and the labor government wuldn't 1409 01:06:07,040 --> 01:06:09,560 Speaker 23: support it, and then then you had to change your government. 1410 01:06:09,600 --> 01:06:11,320 Speaker 23: Of course, they got straight and behind and supported it. 1411 01:06:11,880 --> 01:06:13,400 Speaker 23: It's going to be a good it's a good deal 1412 01:06:13,480 --> 01:06:15,919 Speaker 23: for us and as soon as it goes through, people 1413 01:06:15,920 --> 01:06:18,120 Speaker 23: won't be talking about anymore. We'll just be getting normal 1414 01:06:18,120 --> 01:06:19,800 Speaker 23: with it. Look how good that agreement's been for us 1415 01:06:19,800 --> 01:06:22,240 Speaker 23: as a country. I mean that this government took a 1416 01:06:22,280 --> 01:06:25,120 Speaker 23: conscious decision when we came into power that we hadn't 1417 01:06:25,160 --> 01:06:26,040 Speaker 23: been engaged. 1418 01:06:25,720 --> 01:06:26,520 Speaker 3: With the rest of the world. 1419 01:06:26,600 --> 01:06:28,760 Speaker 23: We're a small trading nation down the bottom of the world. 1420 01:06:29,120 --> 01:06:30,760 Speaker 23: We have to get out there engaged. And you've seen 1421 01:06:30,800 --> 01:06:33,200 Speaker 23: the foreign minists of the Prime Minister, the Trade Minister 1422 01:06:33,360 --> 01:06:35,560 Speaker 23: doing that. You've seen good free trade agreements delivered for 1423 01:06:35,640 --> 01:06:37,520 Speaker 23: us as a country. When the rest of the world 1424 01:06:37,560 --> 01:06:40,680 Speaker 23: has sort of got this geopolitical uncertainty around it. We're 1425 01:06:40,720 --> 01:06:42,560 Speaker 23: being really clear and certain about what we're doing, and 1426 01:06:42,640 --> 01:06:44,200 Speaker 23: that is engaging with the rest of the world and 1427 01:06:44,240 --> 01:06:50,040 Speaker 23: making sure, a lot of retreat. You guys want to 1428 01:06:50,080 --> 01:06:52,280 Speaker 23: retreat and just get more people depending on the state, 1429 01:06:52,360 --> 01:06:54,280 Speaker 23: and that's not a model for success for us. 1430 01:06:54,480 --> 01:06:56,160 Speaker 2: Having said that, Jenny, let me ask you around this 1431 01:06:56,240 --> 01:06:59,440 Speaker 2: question broadly speaking, I mean, I see your version of 1432 01:06:59,440 --> 01:07:03,240 Speaker 2: the Labor Party is too different now to ever coalesce 1433 01:07:03,360 --> 01:07:06,640 Speaker 2: with a national party or national government on the big 1434 01:07:06,720 --> 01:07:09,680 Speaker 2: picture stuff. I mean you you back bikes over cars, 1435 01:07:10,000 --> 01:07:12,439 Speaker 2: you know, buses over roads and stuff, and that's fine, 1436 01:07:12,480 --> 01:07:16,120 Speaker 2: you're entitled to give you but that's not cohesives it 1437 01:07:16,440 --> 01:07:18,000 Speaker 2: in terms of a big picture for the country. 1438 01:07:19,040 --> 01:07:21,320 Speaker 20: Well, I think you can go back and look when 1439 01:07:21,360 --> 01:07:23,800 Speaker 20: I first worked in parliament back in the early two thousands, 1440 01:07:24,240 --> 01:07:26,800 Speaker 20: there was a big lot of legislation that both parties 1441 01:07:26,920 --> 01:07:28,680 Speaker 20: voted for. So I think you can say the same 1442 01:07:28,720 --> 01:07:30,960 Speaker 20: to both but win was a lot of bills. But 1443 01:07:31,120 --> 01:07:33,160 Speaker 20: what now this is late late two thousands. 1444 01:07:33,280 --> 01:07:36,400 Speaker 2: You know that's a different Labor Party from your Labor 1445 01:07:36,440 --> 01:07:36,880 Speaker 2: Party now. 1446 01:07:37,480 --> 01:07:41,040 Speaker 20: But even through John Keyes government, you had both major 1447 01:07:41,120 --> 01:07:45,960 Speaker 20: parties voting for legislation this government and I've said the 1448 01:07:46,000 --> 01:07:50,240 Speaker 20: whole world since COVID potentially I don't know, but there 1449 01:07:50,320 --> 01:07:53,760 Speaker 20: is far more our politics and day to day legislation 1450 01:07:53,880 --> 01:07:55,720 Speaker 20: than they used to be, and I don't think you 1451 01:07:55,760 --> 01:07:57,840 Speaker 20: can land all of that at our feet. I think 1452 01:07:58,200 --> 01:08:00,360 Speaker 20: there is been I mean infrastructure, which we'll talk about 1453 01:08:00,360 --> 01:08:03,919 Speaker 20: soon as another good example where things previously not politicized 1454 01:08:04,040 --> 01:08:07,360 Speaker 20: have been and I think that inflames everything. So no, 1455 01:08:07,480 --> 01:08:10,400 Speaker 20: we want an India feed tree trade agreement. We've been 1456 01:08:10,600 --> 01:08:12,800 Speaker 20: very clear on that from day one, but we want 1457 01:08:12,880 --> 01:08:15,600 Speaker 20: to make sure if we're signing Kiwi's and Kiwi businesses 1458 01:08:15,760 --> 01:08:18,400 Speaker 20: up to this, we want another detail because we will 1459 01:08:18,439 --> 01:08:21,040 Speaker 20: be held to account as a future government if there's 1460 01:08:21,080 --> 01:08:22,920 Speaker 20: stuff in there that we didn't know and agreed to. 1461 01:08:23,400 --> 01:08:26,200 Speaker 2: I just get depressed, like that thing yesterday, Mark that 1462 01:08:26,360 --> 01:08:28,400 Speaker 2: I mean, bluddy. I mean it's not like we didn't 1463 01:08:28,439 --> 01:08:30,800 Speaker 2: know about it. Infrastructurally speaking, I mean you've seen it 1464 01:08:30,880 --> 01:08:33,960 Speaker 2: more than anybody in the country wandering around and your 1465 01:08:34,040 --> 01:08:36,840 Speaker 2: role as emergency management. I mean, we don't have the money, 1466 01:08:36,960 --> 01:08:39,560 Speaker 2: we can't borrow the money. The things in front of 1467 01:08:39,680 --> 01:08:42,320 Speaker 2: us are gargantuan. When we do go to build, we 1468 01:08:42,360 --> 01:08:44,840 Speaker 2: can't build because it blows out, it's delayed, and so 1469 01:08:44,960 --> 01:08:45,280 Speaker 2: it goes. 1470 01:08:45,320 --> 01:08:46,120 Speaker 3: I mean it's depressing. 1471 01:08:47,520 --> 01:08:50,920 Speaker 23: Yes, So I hear what you're saying, but I think 1472 01:08:51,000 --> 01:08:53,240 Speaker 23: we also have to be positive and aspiration. I'm looking 1473 01:08:53,280 --> 01:08:54,880 Speaker 23: forward to because you know, at the end of the day, 1474 01:08:54,920 --> 01:08:57,720 Speaker 23: we have got a beautiful country. We have actually got 1475 01:08:58,479 --> 01:09:01,400 Speaker 23: really good institutions. We've got you know, we have still 1476 01:09:01,439 --> 01:09:04,720 Speaker 23: got good infrastructure. We are in many respects doing well. 1477 01:09:04,800 --> 01:09:07,519 Speaker 23: But yes, we've got some big challenge challenges ahead of 1478 01:09:07,600 --> 01:09:10,400 Speaker 23: us in terms of number one, getting our debt down 1479 01:09:10,439 --> 01:09:12,599 Speaker 23: as a country, because at the moment we've got ten 1480 01:09:12,680 --> 01:09:15,559 Speaker 23: billion dollars going out annually on interest rates, so we've 1481 01:09:15,560 --> 01:09:18,160 Speaker 23: got to get that down. We've got a really focused 1482 01:09:18,560 --> 01:09:21,400 Speaker 23: approach from government coming in terms of infrastructure, you've seen 1483 01:09:22,600 --> 01:09:26,200 Speaker 23: that plan released by Chris Bishop this week. But yes, 1484 01:09:26,320 --> 01:09:28,320 Speaker 23: and yes, we've got challenges around the weather, but that 1485 01:09:28,439 --> 01:09:30,880 Speaker 23: has always been the case, and we're getting better and 1486 01:09:30,960 --> 01:09:33,040 Speaker 23: better at being able to identify our risk, being able 1487 01:09:33,120 --> 01:09:36,160 Speaker 23: to respond and recover from it. So it's not all 1488 01:09:36,240 --> 01:09:38,560 Speaker 23: doom and gloom. You know, the economy is starting to 1489 01:09:38,640 --> 01:09:41,040 Speaker 23: come back again. We live in paradise. I've got lots 1490 01:09:41,080 --> 01:09:43,639 Speaker 23: of things to be thankful for, and I'm really positive. 1491 01:09:44,120 --> 01:09:46,479 Speaker 23: I think that Yeah, you. 1492 01:09:48,200 --> 01:09:49,840 Speaker 12: Sorry, you know you asked me question. 1493 01:09:50,040 --> 01:09:53,360 Speaker 3: Do you poll internally? A lot in your party. 1494 01:09:54,600 --> 01:09:58,519 Speaker 20: Yes, we regularly do you do you believe it? Look 1495 01:09:58,840 --> 01:10:00,760 Speaker 20: all those major poles, I still want to come back 1496 01:10:00,760 --> 01:10:02,600 Speaker 20: to infrastructure. That I'll answer this and come back to that. 1497 01:10:03,640 --> 01:10:06,000 Speaker 20: All of those major polls are kind of within a 1498 01:10:06,040 --> 01:10:10,000 Speaker 20: couple of percent. So and from previous elections, we know 1499 01:10:10,200 --> 01:10:12,280 Speaker 20: that the you know, if you do the poll of polls, 1500 01:10:12,320 --> 01:10:13,799 Speaker 20: which you put all of them on the same. 1501 01:10:13,640 --> 01:10:15,000 Speaker 12: One, they're about right. 1502 01:10:15,720 --> 01:10:18,280 Speaker 20: So yeah, yeah, all of those ones, there's always about 1503 01:10:18,439 --> 01:10:20,760 Speaker 20: two to three percent that doesn't seem quite right. 1504 01:10:21,320 --> 01:10:24,080 Speaker 2: And but that's my point. Two to three percent. It's 1505 01:10:24,120 --> 01:10:26,439 Speaker 2: the difference between government and non government, which is kind 1506 01:10:26,479 --> 01:10:26,880 Speaker 2: of critical. 1507 01:10:27,040 --> 01:10:29,719 Speaker 20: Well, but that's the margin of error in a poll 1508 01:10:29,760 --> 01:10:30,759 Speaker 20: when you're a poll on a thousand. 1509 01:10:30,880 --> 01:10:32,960 Speaker 2: It's just I was watching Mike Schumann last night talked 1510 01:10:32,960 --> 01:10:34,960 Speaker 2: to the Greens going, oh you're down four percent, Oh 1511 01:10:35,000 --> 01:10:35,800 Speaker 2: you're up four percent. 1512 01:10:35,880 --> 01:10:37,080 Speaker 3: What's going on with your party? 1513 01:10:37,320 --> 01:10:39,360 Speaker 2: And the answer is nothing, that's the it's the poll. 1514 01:10:40,760 --> 01:10:43,439 Speaker 12: But that's just I just want to come back. Where 1515 01:10:43,479 --> 01:10:44,880 Speaker 12: can I come back to infrastructure. I want to make 1516 01:10:44,920 --> 01:10:45,920 Speaker 12: one point super quick that. 1517 01:10:47,920 --> 01:10:50,200 Speaker 20: We wanted that set up and we did set up 1518 01:10:50,200 --> 01:10:52,680 Speaker 20: the Infrastructure Commission because we wanted the heat taken out 1519 01:10:52,720 --> 01:10:52,840 Speaker 20: of it. 1520 01:10:53,000 --> 01:10:55,240 Speaker 12: So so we're pleased that that that's going ahead. 1521 01:10:55,280 --> 01:10:58,160 Speaker 20: But the one thing that we're calling for is for 1522 01:10:58,439 --> 01:11:02,200 Speaker 20: all departments to engage with the Infrastructure Commission when considering 1523 01:11:02,240 --> 01:11:05,360 Speaker 20: those big projects. And currently it's Vauntrey, so we don't 1524 01:11:05,400 --> 01:11:09,479 Speaker 20: see the NTTA with all of those big roads, so 1525 01:11:09,960 --> 01:11:11,160 Speaker 20: they should go through there. 1526 01:11:11,240 --> 01:11:12,920 Speaker 12: And so that's an important change, is. 1527 01:11:12,960 --> 01:11:13,920 Speaker 3: That all you're bringing for. 1528 01:11:16,040 --> 01:11:18,640 Speaker 20: Roads up and down the country right and campaign. 1529 01:11:18,320 --> 01:11:22,360 Speaker 23: On that we're actually we're actually building them and delivering them. 1530 01:11:22,360 --> 01:11:24,400 Speaker 23: Because you guys had a real problem with delivery, but 1531 01:11:24,479 --> 01:11:26,679 Speaker 23: might just really quick real calls. You did a great 1532 01:11:26,840 --> 01:11:28,760 Speaker 23: you did a great analysis on this last week. One 1533 01:11:28,840 --> 01:11:31,880 Speaker 23: hundred percent right on me personally, I've never really watched 1534 01:11:31,880 --> 01:11:33,240 Speaker 23: the polls. We just want to get out there and 1535 01:11:33,320 --> 01:11:35,240 Speaker 23: do our job, deliver for the people that vot us 1536 01:11:35,320 --> 01:11:37,559 Speaker 23: in to actually serve them, and we'll let them decide 1537 01:11:37,640 --> 01:11:37,960 Speaker 23: the election. 1538 01:11:38,200 --> 01:11:40,200 Speaker 2: Okay, good on, You're nice to see you both, Jenny Anderson, 1539 01:11:40,240 --> 01:11:40,679 Speaker 2: Mark Metroll. 1540 01:11:40,680 --> 01:11:42,160 Speaker 3: Good luck with the tree. Jenny. I hope you get 1541 01:11:42,200 --> 01:11:42,800 Speaker 3: that sorted out. 1542 01:11:42,960 --> 01:11:44,639 Speaker 2: The reason I raise the polling apart from the fact 1543 01:11:44,640 --> 01:11:47,200 Speaker 2: I'm sick and tired of polling and they don't seem 1544 01:11:47,280 --> 01:11:51,280 Speaker 2: to make it is Gallop in America has given up 1545 01:11:51,560 --> 01:11:54,040 Speaker 2: on polling, and if I get time after eight thirty, 1546 01:11:54,080 --> 01:11:56,000 Speaker 2: I'll tell you why, because they've worked out what we 1547 01:11:56,160 --> 01:11:59,919 Speaker 2: already know. No one wants to participate in polling anymore, 1548 01:12:00,360 --> 01:12:03,520 Speaker 2: and therefore the numbers they produce from a tiny percentage 1549 01:12:03,560 --> 01:12:08,000 Speaker 2: of people who do participate is so warped it's simply 1550 01:12:08,080 --> 01:12:09,639 Speaker 2: not worth doing the exercise anymore. 1551 01:12:09,960 --> 01:12:14,320 Speaker 1: Twenty two The Mi Hosking Breakfast with Bailey's real Estate 1552 01:12:14,520 --> 01:12:15,080 Speaker 1: News Dogs. 1553 01:12:15,840 --> 01:12:17,479 Speaker 2: If you're looking for the smartest way to boost your 1554 01:12:17,479 --> 01:12:19,720 Speaker 2: home's value in the static market, we've got the good 1555 01:12:19,800 --> 01:12:21,720 Speaker 2: news from You Do It to Kitchens Now they've been 1556 01:12:21,760 --> 01:12:23,880 Speaker 2: celebrating fifty years, and good on them for doing that. 1557 01:12:24,240 --> 01:12:27,720 Speaker 2: You Do It they basically help Kiwi homeowners create the 1558 01:12:27,840 --> 01:12:30,800 Speaker 2: superior quality kitchens, and they do it incredibly affordably too, 1559 01:12:30,800 --> 01:12:33,479 Speaker 2: because no one can match You Do Its offer of quality, 1560 01:12:33,680 --> 01:12:35,639 Speaker 2: customization and fast delivery. 1561 01:12:35,680 --> 01:12:36,200 Speaker 3: So what have they got? 1562 01:12:36,240 --> 01:12:39,320 Speaker 2: They got these tools right. It lets you customize cabinet 1563 01:12:39,360 --> 01:12:41,840 Speaker 2: sizes no extra cost. You can choose from over thirty 1564 01:12:41,880 --> 01:12:44,120 Speaker 2: five color options. Once you've locked in that design, that 1565 01:12:44,200 --> 01:12:46,800 Speaker 2: You Do It Team Precision Manufacture that kitchen right here 1566 01:12:46,840 --> 01:12:50,679 Speaker 2: in the country and in only seven days everything's dispatched 1567 01:12:50,720 --> 01:12:51,880 Speaker 2: to your door. So you don't need to be a 1568 01:12:51,960 --> 01:12:55,680 Speaker 2: DIY pro either because assembly super easy. The experts are 1569 01:12:55,760 --> 01:12:58,000 Speaker 2: only an email away to help you every step of 1570 01:12:58,040 --> 01:12:59,800 Speaker 2: the way. And when the housing market's a bit flat, 1571 01:13:00,040 --> 01:13:03,160 Speaker 2: strategic improvements are your best investment. Get that exact kitchen 1572 01:13:03,240 --> 01:13:05,479 Speaker 2: you want, add the real value to your home, save 1573 01:13:05,600 --> 01:13:08,200 Speaker 2: thousands in the process. It's you do it, you d 1574 01:13:08,880 --> 01:13:11,240 Speaker 2: u I and you know what their customers are proud 1575 01:13:11,320 --> 01:13:12,240 Speaker 2: to say, I. 1576 01:13:12,360 --> 01:13:13,960 Speaker 3: Did it myself, tasking. 1577 01:13:14,760 --> 01:13:18,800 Speaker 2: It's already angsty in Australia with Bondi, with Hertzog, with 1578 01:13:19,400 --> 01:13:21,880 Speaker 2: the anti Semitism. Now we've got the what they call 1579 01:13:21,960 --> 01:13:25,160 Speaker 2: the Isis brides and began the woman. The girl from 1580 01:13:25,280 --> 01:13:27,800 Speaker 2: Britain is probably the most famous Isis brides. Is the 1581 01:13:27,840 --> 01:13:31,160 Speaker 2: young ladies went and married killers and suddenly find themselves 1582 01:13:31,200 --> 01:13:33,320 Speaker 2: parked in Syria and don't know where to go. The 1583 01:13:33,520 --> 01:13:37,840 Speaker 2: latest is a large group of Islamic Australian Isis bride 1584 01:13:37,880 --> 01:13:40,800 Speaker 2: started to truck off towards Australia and everyone will hold on, 1585 01:13:40,920 --> 01:13:43,360 Speaker 2: although what are you gonna do? And in that is 1586 01:13:43,400 --> 01:13:45,160 Speaker 2: the big headline more shortly. 1587 01:13:46,240 --> 01:13:49,679 Speaker 1: Tough on Power, Sharp on insight, the my casking Breakfast 1588 01:13:49,920 --> 01:13:53,439 Speaker 1: with the Defender embraced the impossible news togsa'd be. 1589 01:13:53,600 --> 01:13:56,799 Speaker 2: Weird reaction to Mark who said basically, we live in paradise, 1590 01:13:56,840 --> 01:14:00,280 Speaker 2: which which I don't think most of us would disagree with. 1591 01:14:00,920 --> 01:14:01,840 Speaker 3: But here's what we get. 1592 01:14:01,880 --> 01:14:05,040 Speaker 2: How in a low wage country and we can't afford anything, 1593 01:14:05,120 --> 01:14:07,800 Speaker 2: we can't live in paradise. I'd believe we live in 1594 01:14:07,840 --> 01:14:10,719 Speaker 2: paradise if we're on Mark's wages. Shame on Mike Costing 1595 01:14:10,800 --> 01:14:12,759 Speaker 2: for allowing Mark to tell the poor we live in paradise. 1596 01:14:13,960 --> 01:14:14,280 Speaker 16: I don't know. 1597 01:14:14,640 --> 01:14:16,599 Speaker 2: Is that some sort of Facebook thing that's got going 1598 01:14:16,960 --> 01:14:20,080 Speaker 2: since Mark generally what happens as some sort of weird 1599 01:14:20,200 --> 01:14:22,320 Speaker 2: social media thing or Facebook thing, And suddenly I get 1600 01:14:22,400 --> 01:14:24,640 Speaker 2: nine hundred texts from the same pit saying essentially the 1601 01:14:24,680 --> 01:14:28,720 Speaker 2: same thing. Mark works as butt off, and so he's 1602 01:14:28,760 --> 01:14:30,800 Speaker 2: allowed to be on the wages he is. And the 1603 01:14:30,880 --> 01:14:35,280 Speaker 2: wages for politicians in general aren't that good for the 1604 01:14:35,400 --> 01:14:37,599 Speaker 2: hours they put in and the time they don't spend 1605 01:14:37,720 --> 01:14:39,920 Speaker 2: with their family and the amount of energy and effort 1606 01:14:39,920 --> 01:14:41,840 Speaker 2: they put into this country. But having said that, and 1607 01:14:41,880 --> 01:14:44,800 Speaker 2: of course you. The whole idea of a country is 1608 01:14:44,920 --> 01:14:47,519 Speaker 2: to provide an environment in which if you are on 1609 01:14:47,600 --> 01:14:50,320 Speaker 2: a low wage and you want to do better, then 1610 01:14:50,439 --> 01:14:53,560 Speaker 2: you can and the can bit is up to you. 1611 01:14:54,080 --> 01:14:55,200 Speaker 2: Twenty two minutes away. 1612 01:14:55,040 --> 01:14:55,639 Speaker 3: From nine. 1613 01:14:57,200 --> 01:15:00,760 Speaker 1: International Correspondence with ends and eye ins and peace of 1614 01:15:00,840 --> 01:15:02,440 Speaker 1: mind for New Zealand business. 1615 01:15:02,160 --> 01:15:02,960 Speaker 3: See right as well. 1616 01:15:03,000 --> 01:15:05,519 Speaker 13: To tell you, man, oh good, you must have been 1617 01:15:05,560 --> 01:15:07,839 Speaker 13: reading my mind because I'm going to write a column 1618 01:15:08,000 --> 01:15:11,559 Speaker 13: today or tomorrow. Angus Taylor, the new Liberal leader, keeps 1619 01:15:11,600 --> 01:15:16,080 Speaker 13: saying that Australia is the greatest nation on earth. If 1620 01:15:16,120 --> 01:15:19,400 Speaker 13: you live in Victoria, that's certainly not the case. And 1621 01:15:20,800 --> 01:15:24,320 Speaker 13: I hate it when these people like politicians trop that out. 1622 01:15:24,680 --> 01:15:26,600 Speaker 13: I mean, if someone said to me, where would be 1623 01:15:26,640 --> 01:15:30,360 Speaker 13: the greatest that place on earth to live, you'd say 1624 01:15:30,400 --> 01:15:33,160 Speaker 13: New Zealand because you don't have the problems that we have, 1625 01:15:33,320 --> 01:15:38,960 Speaker 13: which is too high immigration. We've got you know, a 1626 01:15:39,080 --> 01:15:41,559 Speaker 13: climate that can kid you if you go out out 1627 01:15:41,640 --> 01:15:44,240 Speaker 13: in the outback. We've got snakes, we've got sharks. I mean, 1628 01:15:44,320 --> 01:15:48,759 Speaker 13: all of the normal things. New Zealand would be my country. 1629 01:15:49,240 --> 01:15:50,080 Speaker 3: Here's the interesting thing. 1630 01:15:50,200 --> 01:15:52,240 Speaker 2: Now you'll be aware of this, and here's the problem. 1631 01:15:52,320 --> 01:15:54,519 Speaker 2: If you ask Auba, New Zealand, and I can back 1632 01:15:54,560 --> 01:15:56,880 Speaker 2: this up with numbers because of our migration stats in 1633 01:15:56,920 --> 01:15:58,720 Speaker 2: the last couple of years. They would go, what's the 1634 01:15:58,760 --> 01:16:00,719 Speaker 2: greatest country in the world of living? They say Australia 1635 01:16:00,760 --> 01:16:04,040 Speaker 2: and tens of thousands of New Zealanders have moved. 1636 01:16:04,920 --> 01:16:07,200 Speaker 13: Well, i'd be sounding a warning. That's all I mean. 1637 01:16:07,240 --> 01:16:10,640 Speaker 13: It used to be and can be again currently it's not. 1638 01:16:11,120 --> 01:16:11,160 Speaker 1: No. 1639 01:16:11,760 --> 01:16:13,160 Speaker 2: I would tend to agree, and I've said that for 1640 01:16:13,200 --> 01:16:14,600 Speaker 2: a long time, but no one seems to listen to me. 1641 01:16:14,720 --> 01:16:16,880 Speaker 2: Not that I don't like Australia, because I love Australia, 1642 01:16:17,400 --> 01:16:19,960 Speaker 2: but you've got I mean the guy who tied Matt 1643 01:16:20,000 --> 01:16:22,439 Speaker 2: who we remember from rugby League Circle has got gunned 1644 01:16:22,439 --> 01:16:24,439 Speaker 2: down outside his house yesterday for God's sake. 1645 01:16:25,040 --> 01:16:26,840 Speaker 13: Well last night in Melbourne there would have been a 1646 01:16:26,920 --> 01:16:31,640 Speaker 13: machete attack on a home invasion and someone's car stole Taylor. 1647 01:16:31,439 --> 01:16:32,639 Speaker 3: And announcing his front bench. 1648 01:16:32,680 --> 01:16:34,639 Speaker 2: By the way, is this like these are the same 1649 01:16:34,680 --> 01:16:36,560 Speaker 2: people that were there last week under season Lee and 1650 01:16:36,600 --> 01:16:38,439 Speaker 2: now they're under him. Has any actually changed? 1651 01:16:39,160 --> 01:16:41,400 Speaker 13: A couple of people got punted because they supported her, 1652 01:16:41,520 --> 01:16:46,080 Speaker 13: but the reshuffle is a reset for Angus Taylor, just 1653 01:16:46,160 --> 01:16:48,760 Speaker 13: as a society reminds me of that main character out 1654 01:16:48,760 --> 01:16:51,759 Speaker 13: of that TV series mad Men, remember, yes, the series 1655 01:16:51,840 --> 01:16:54,280 Speaker 13: of the advertising agency in New York and sixties, and 1656 01:16:54,320 --> 01:16:56,720 Speaker 13: he looks like that. But anyways, made Tim Wilson the 1657 01:16:56,800 --> 01:16:58,720 Speaker 13: only Liberal who won back a Teal seat at the 1658 01:16:58,760 --> 01:17:02,080 Speaker 13: last election, which is no mean feat. He's made him 1659 01:17:02,240 --> 01:17:05,160 Speaker 13: the shadow Treasurer and so we're going to get some 1660 01:17:05,240 --> 01:17:07,320 Speaker 13: wages figures out today. It'll be interesting to see what 1661 01:17:07,360 --> 01:17:10,240 Speaker 13: Tim Wilson says about that, because the latest stats you 1662 01:17:10,320 --> 01:17:12,240 Speaker 13: won't believe what. You will believe this because you keep 1663 01:17:12,320 --> 01:17:16,639 Speaker 13: across it. Eight out of ten jobs in Australia now 1664 01:17:17,680 --> 01:17:21,560 Speaker 13: reliant on government spending of one sort or another. So 1665 01:17:21,720 --> 01:17:24,920 Speaker 13: the private sector is not hiring people. Unemployment rate is low, 1666 01:17:25,479 --> 01:17:28,760 Speaker 13: but most of this is state governments, federal governments, local 1667 01:17:28,840 --> 01:17:32,200 Speaker 13: governments employing more and more and more people. So Jim Charmers, 1668 01:17:32,240 --> 01:17:36,040 Speaker 13: who we called grim Jim, he's the treasurer. He called 1669 01:17:36,160 --> 01:17:40,920 Speaker 13: Wilson a typical liberal, long and ego arrogance and entitlement, 1670 01:17:41,080 --> 01:17:44,680 Speaker 13: short on empathy or understanding. Now that coming from an 1671 01:17:44,680 --> 01:17:47,439 Speaker 13: egoist like Jim Charmers is a bit rich. 1672 01:17:47,920 --> 01:17:49,120 Speaker 3: And then we're kind to paull In Hanson. 1673 01:17:49,160 --> 01:17:50,400 Speaker 2: I've been dying to ask you about this, and I 1674 01:17:50,479 --> 01:17:54,920 Speaker 2: keep forgetting South Australia and the election. Melanowskis is hot 1675 01:17:55,439 --> 01:17:57,439 Speaker 2: and expected to win. Correct me on any of this 1676 01:17:57,520 --> 01:18:00,479 Speaker 2: and I'm wrong. So he is labor but label more 1677 01:18:00,520 --> 01:18:02,040 Speaker 2: towards a conservative spectrum. 1678 01:18:02,640 --> 01:18:03,519 Speaker 3: Is he going to win? 1679 01:18:04,160 --> 01:18:06,600 Speaker 2: Is he going to win because it's him and is 1680 01:18:06,840 --> 01:18:09,560 Speaker 2: the handsome slash one nation thing going to be in 1681 01:18:09,640 --> 01:18:13,040 Speaker 2: play in a major way that would make people surprised? 1682 01:18:13,680 --> 01:18:16,000 Speaker 13: Yeah, I'm a South Australian, so you know I have 1683 01:18:16,080 --> 01:18:18,479 Speaker 13: a bit more of an understanding, but I don't live there, 1684 01:18:18,560 --> 01:18:21,680 Speaker 13: so I would say Malnaskus would win easily, as with 1685 01:18:22,280 --> 01:18:25,120 Speaker 13: Christopher Mins in New South Wales. Those two are the 1686 01:18:25,240 --> 01:18:28,120 Speaker 13: moderate labor leaders that we need federally, but they're running 1687 01:18:28,200 --> 01:18:31,360 Speaker 13: states at the moment. Is there a one nation push 1688 01:18:31,840 --> 01:18:34,960 Speaker 13: as strong in South Australia as there is in sat 1689 01:18:35,040 --> 01:18:39,680 Speaker 13: queens Land, rural New South Wales and Victoria. Probably not, 1690 01:18:40,400 --> 01:18:43,320 Speaker 13: But she won't have lost any of the supporter of 1691 01:18:43,400 --> 01:18:46,800 Speaker 13: the people who jumped over to her after her comments. Now, 1692 01:18:46,840 --> 01:18:49,599 Speaker 13: I was sitting waiting to go on sky to talk 1693 01:18:49,640 --> 01:18:52,639 Speaker 13: to Shari Marks on Monday night Pauline was on before 1694 01:18:52,760 --> 01:18:56,040 Speaker 13: me and she came out with this. She said, quite, 1695 01:18:56,040 --> 01:18:59,559 Speaker 13: I've got no time for the radical Islam. Their religion 1696 01:18:59,600 --> 01:19:02,240 Speaker 13: concern me of what it says in the Quran. They 1697 01:19:02,280 --> 01:19:04,760 Speaker 13: hate Westerners and that's what it's all about. You say 1698 01:19:04,840 --> 01:19:07,760 Speaker 13: there are great Muslims out there, Well, I'm sorry, how 1699 01:19:07,840 --> 01:19:11,800 Speaker 13: can you tell me there are good Muslims? So that 1700 01:19:12,000 --> 01:19:15,800 Speaker 13: has caused a heavy debate about whether those comments should 1701 01:19:15,800 --> 01:19:17,920 Speaker 13: be retracted or not. What did she do the next day? 1702 01:19:18,400 --> 01:19:20,080 Speaker 13: She just doubled down on it and said, that's what 1703 01:19:20,200 --> 01:19:22,799 Speaker 13: I think, and that's what the majority of Australians, she claims, 1704 01:19:23,160 --> 01:19:25,720 Speaker 13: are thinking about the fact that we have a high 1705 01:19:27,080 --> 01:19:31,640 Speaker 13: Islamic refugee well immigrant problem in this country. 1706 01:19:31,439 --> 01:19:33,519 Speaker 2: Which brings you back to the isis brides, which was 1707 01:19:33,760 --> 01:19:36,960 Speaker 2: headlines majorly yesterday and these women apparently are heading back 1708 01:19:36,960 --> 01:19:40,560 Speaker 2: to Australia until they got turned around. What does Albanezy 1709 01:19:40,640 --> 01:19:42,519 Speaker 2: do about that? I mean, this is I thought this 1710 01:19:42,640 --> 01:19:44,479 Speaker 2: was sort of semi isolated to Europe and Britain, but 1711 01:19:44,520 --> 01:19:45,840 Speaker 2: I mean, you've got a bunch of them. Do they 1712 01:19:45,960 --> 01:19:47,040 Speaker 2: just stay in Syria forever? 1713 01:19:48,000 --> 01:19:49,800 Speaker 13: Well, he keeps saying that we are not going to 1714 01:19:49,880 --> 01:19:54,559 Speaker 13: repatriate them. That's tricky words because there are NGOs exactly 1715 01:19:54,640 --> 01:19:57,559 Speaker 13: who are operating on behalf of these people to get 1716 01:19:57,600 --> 01:20:01,479 Speaker 13: them out of those camps to eleven On and back 1717 01:20:01,479 --> 01:20:03,720 Speaker 13: to Australia. There's already a group of come back here 1718 01:20:04,400 --> 01:20:06,360 Speaker 13: and the problem is that we just don't know what 1719 01:20:06,479 --> 01:20:09,160 Speaker 13: they've been up to over all these years. But the 1720 01:20:09,280 --> 01:20:11,519 Speaker 13: issue is if you are an Australian and you go 1721 01:20:11,640 --> 01:20:15,320 Speaker 13: to an Australian embassy and request a return of your 1722 01:20:15,439 --> 01:20:20,400 Speaker 13: passport or a renewal of your passport, under our constitution, 1723 01:20:20,680 --> 01:20:22,680 Speaker 13: you've got to be handed back to your passport. So 1724 01:20:22,920 --> 01:20:24,960 Speaker 13: if they can get to Beirut, which is what they 1725 01:20:25,000 --> 01:20:27,040 Speaker 13: were trying to do yesterday before they got turned back, 1726 01:20:27,439 --> 01:20:30,040 Speaker 13: and they get their hands on an Australian passport, problem 1727 01:20:30,120 --> 01:20:31,880 Speaker 13: they have is some of their children were born over 1728 01:20:31,960 --> 01:20:34,559 Speaker 13: there and we don't have to if you're born overseas 1729 01:20:34,600 --> 01:20:39,120 Speaker 13: to Australian automatic citizenship. So it's a problem and it's 1730 01:20:39,160 --> 01:20:41,040 Speaker 13: certainly an issue for the Labor government. 1731 01:20:41,640 --> 01:20:44,840 Speaker 2: Which brings me back to Lee now gone that thing 1732 01:20:44,880 --> 01:20:46,240 Speaker 2: that guy, I don't know whether it was leaked or 1733 01:20:46,280 --> 01:20:48,720 Speaker 2: it just came to the public domain. Her idea which 1734 01:20:48,800 --> 01:20:52,839 Speaker 2: was very Trumpian to ban certain people from certain countries 1735 01:20:52,920 --> 01:20:57,040 Speaker 2: and crack down on immigration. It does tailor run with that. 1736 01:20:57,720 --> 01:21:00,759 Speaker 2: And if he runs with that, can he ever Outhdson Hanson? 1737 01:21:01,840 --> 01:21:03,840 Speaker 13: No, he can't. But the intriguing thing about that is 1738 01:21:03,960 --> 01:21:08,040 Speaker 13: that the Shadow Immigration and Shadow Home at first spokespeople 1739 01:21:08,760 --> 01:21:11,520 Speaker 13: who are no longer in those jobs after that reshuffle, 1740 01:21:11,680 --> 01:21:14,240 Speaker 13: said they'd never seen that policy, don't know who drew 1741 01:21:14,320 --> 01:21:16,400 Speaker 13: it up and where it had come from. Now clearly 1742 01:21:16,439 --> 01:21:18,400 Speaker 13: it came, as I said to you on Monday, out 1743 01:21:18,439 --> 01:21:21,800 Speaker 13: of Susan Lee's office. Someone in that office had put 1744 01:21:21,840 --> 01:21:24,559 Speaker 13: this policy together where if you come from a region 1745 01:21:24,600 --> 01:21:27,360 Speaker 13: that is classified as a terrorist region, like the Philippines, 1746 01:21:27,400 --> 01:21:29,800 Speaker 13: for example, then you're not going to get into Australia. 1747 01:21:29,880 --> 01:21:34,160 Speaker 13: So someone close to her is obviously leaked that in 1748 01:21:34,280 --> 01:21:37,760 Speaker 13: a bid to probably damage Taylor on his first day. 1749 01:21:38,000 --> 01:21:38,160 Speaker 3: OK. 1750 01:21:38,439 --> 01:21:40,240 Speaker 2: And then we come to the fast How long you 1751 01:21:40,360 --> 01:21:42,000 Speaker 2: been talking about past trains? 1752 01:21:43,040 --> 01:21:45,479 Speaker 13: Come? So I was a teenager, which is a very 1753 01:21:45,560 --> 01:21:47,960 Speaker 13: long time ago, I reckon. I've written when I was 1754 01:21:48,000 --> 01:21:52,680 Speaker 13: in newspapers a hundred stories about fast fast trains in 1755 01:21:52,720 --> 01:21:55,479 Speaker 13: ice creag Rail. But this thing's come up. The only 1756 01:21:55,520 --> 01:21:57,960 Speaker 13: reason I want to raise it. Don't fall off your 1757 01:21:58,040 --> 01:22:00,000 Speaker 13: chair when I tell you this. So they're talking about 1758 01:22:00,360 --> 01:22:04,720 Speaker 13: ninety billion, seventy to ninety billion dollars to build one 1759 01:22:04,800 --> 01:22:08,280 Speaker 13: hundred and ninety one kill the meter fast train from 1760 01:22:08,360 --> 01:22:13,080 Speaker 13: Sydney to Newcastle. But here here's the kicker on this. 1761 01:22:14,160 --> 01:22:16,599 Speaker 13: The extraordinary thing is of that one hundred and ninety 1762 01:22:16,600 --> 01:22:18,519 Speaker 13: one kill him. And as you think about you've been there, 1763 01:22:18,840 --> 01:22:22,519 Speaker 13: Sydney to Newcastle, through the Central coast, beautiful coast bush 1764 01:22:22,640 --> 01:22:26,280 Speaker 13: and lovely bush country, beautiful beautiful drive of the one 1765 01:22:26,320 --> 01:22:28,760 Speaker 13: hundred and ninety one kilometers, one hundred and fifteen will 1766 01:22:28,800 --> 01:22:29,439 Speaker 13: be in a tunnel. 1767 01:22:31,880 --> 01:22:32,439 Speaker 3: I believe that. 1768 01:22:32,479 --> 01:22:33,599 Speaker 2: Well, I was going to say, I believe it when 1769 01:22:33,640 --> 01:22:35,040 Speaker 2: I see it. But we're not going to see it, 1770 01:22:35,120 --> 01:22:36,120 Speaker 2: are we. It's not going to happen. 1771 01:22:36,200 --> 01:22:38,479 Speaker 13: You know you've been a dark tunnel. What's the point? 1772 01:22:38,640 --> 01:22:38,800 Speaker 16: Eh? 1773 01:22:38,960 --> 01:22:39,400 Speaker 3: I agree? 1774 01:22:39,880 --> 01:22:41,519 Speaker 2: All right, man, go well, we'll see you next week. 1775 01:22:41,600 --> 01:22:45,000 Speaker 2: Steve Price out of Australia. It is already eight party five. 1776 01:22:46,240 --> 01:22:50,120 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio. 1777 01:22:50,360 --> 01:22:51,680 Speaker 13: Howard By News talks at be. 1778 01:22:53,360 --> 01:22:55,799 Speaker 2: My good work coming out in Defenser Mike mitchellan politicians 1779 01:22:55,840 --> 01:22:57,839 Speaker 2: salary in New Zealand needs to drop the tall poppies 1780 01:22:57,880 --> 01:23:01,320 Speaker 2: and drome one. Success is completely one's responsibility. Why do 1781 01:23:01,360 --> 01:23:03,599 Speaker 2: we insist on locking those who work hard and get rewards? 1782 01:23:03,640 --> 01:23:06,280 Speaker 2: I tend to agree. My name's Jason from Queenstowle. Moved 1783 01:23:06,280 --> 01:23:09,320 Speaker 2: here twenty two years ago with nothing. Have built a 1784 01:23:09,400 --> 01:23:11,960 Speaker 2: life for myself based on the opportunities this beautiful country 1785 01:23:12,000 --> 01:23:13,400 Speaker 2: has to offer, and I will never look back. I 1786 01:23:13,520 --> 01:23:16,240 Speaker 2: will never quit praising this country for everything it has 1787 01:23:16,760 --> 01:23:19,719 Speaker 2: out Therefore, if you're willing to get off your backside 1788 01:23:19,800 --> 01:23:24,080 Speaker 2: and not expect handouts for just being makes me crazy. 1789 01:23:25,280 --> 01:23:27,439 Speaker 2: With all the problems in the country at the moment 1790 01:23:27,680 --> 01:23:30,160 Speaker 2: and the beleagued state of the place, you can still 1791 01:23:30,320 --> 01:23:33,720 Speaker 2: argue I do with the kids. Actually, often it's never 1792 01:23:33,800 --> 01:23:35,240 Speaker 2: been a better time to look for work and to 1793 01:23:35,280 --> 01:23:37,400 Speaker 2: do work. Yes, it works hard to find, but if 1794 01:23:37,439 --> 01:23:41,720 Speaker 2: you're diligent and hard working and dedicated and determined, then 1795 01:23:41,920 --> 01:23:42,880 Speaker 2: you will do very nicely. 1796 01:23:42,920 --> 01:23:43,160 Speaker 3: Thank you. 1797 01:23:43,240 --> 01:23:46,200 Speaker 2: It's still that sort of country where good people, despite everything, 1798 01:23:46,280 --> 01:23:49,320 Speaker 2: good people are still extremely hard to get hold of. 1799 01:23:49,600 --> 01:23:50,240 Speaker 3: More's the pity. 1800 01:23:50,479 --> 01:23:52,800 Speaker 2: Other quick thing we should mention as insurance, which I 1801 01:23:52,880 --> 01:23:55,680 Speaker 2: noted yesterday, was that the insurance counsel who came out 1802 01:23:55,720 --> 01:23:58,920 Speaker 2: I can't remember point being the average insurance in Auckland 1803 01:23:59,040 --> 01:24:01,320 Speaker 2: is down materially, it's not everywhere, and we're starting to 1804 01:24:01,320 --> 01:24:03,800 Speaker 2: see the real world come through in terms of there 1805 01:24:03,800 --> 01:24:05,479 Speaker 2: are certain parts of the country where it's going to 1806 01:24:05,520 --> 01:24:08,240 Speaker 2: be more expensive to insure. I've tried to raise this 1807 01:24:08,360 --> 01:24:10,920 Speaker 2: over and over again, and there are sketchy parts of 1808 01:24:11,000 --> 01:24:14,000 Speaker 2: this country where you will not get insurance and you 1809 01:24:14,120 --> 01:24:15,720 Speaker 2: need to face up to that sooner rather than later, 1810 01:24:15,760 --> 01:24:17,200 Speaker 2: because it's going to happen to you whether you want 1811 01:24:17,240 --> 01:24:20,160 Speaker 2: it to or not. Wellington's gone up, Christyt has gone up, 1812 01:24:20,240 --> 01:24:23,280 Speaker 2: but Auckland's down eleven percent, and eleven percent is material, 1813 01:24:23,960 --> 01:24:26,320 Speaker 2: but that we're not getting enough news around that. That's 1814 01:24:26,400 --> 01:24:28,880 Speaker 2: good news. Everyone wants to spend their time complaining about 1815 01:24:28,880 --> 01:24:30,439 Speaker 2: the cost of everything going up. Well, the cost of 1816 01:24:30,520 --> 01:24:33,160 Speaker 2: insurance in Auckland, the country's biggest city, has gone down 1817 01:24:33,960 --> 01:24:36,680 Speaker 2: on average eleven percent. So we work through that very 1818 01:24:36,720 --> 01:24:39,880 Speaker 2: difficult period of time a couple of years ago Gabriel, etc. 1819 01:24:40,600 --> 01:24:43,479 Speaker 2: And we're getting back to some form of normality, if 1820 01:24:43,520 --> 01:24:45,880 Speaker 2: you want to use that word. But in certain parts 1821 01:24:45,920 --> 01:24:48,320 Speaker 2: of the country it is getting better and when it 1822 01:24:48,439 --> 01:24:51,320 Speaker 2: is getting better. For all the time we spend bagging 1823 01:24:51,400 --> 01:24:56,240 Speaker 2: insurance companies, we should at least acknowledge, if not congratulate 1824 01:24:56,360 --> 01:24:59,080 Speaker 2: them on the fact that not everything goes up all 1825 01:24:59,120 --> 01:24:59,479 Speaker 2: the time. 1826 01:25:00,200 --> 01:25:05,560 Speaker 1: Away from nine So Mike costing breakfast with Alveda Retirement Communities. 1827 01:25:05,800 --> 01:25:06,560 Speaker 3: Most togs aad be. 1828 01:25:06,760 --> 01:25:08,760 Speaker 2: Most people think a hearing test tells them everything and 1829 01:25:08,800 --> 01:25:10,920 Speaker 2: they need to know in reality, not so tells you 1830 01:25:11,040 --> 01:25:13,880 Speaker 2: very little. In fact, Resonate Health have created Ear three 1831 01:25:14,040 --> 01:25:16,760 Speaker 2: sixty and that gives you a full picture. So it's 1832 01:25:16,760 --> 01:25:20,759 Speaker 2: a comprehensive hearing health assessment covers ten areas ten including 1833 01:25:20,800 --> 01:25:23,639 Speaker 2: how you hear speech, how your brain processes that sound, 1834 01:25:23,760 --> 01:25:28,200 Speaker 2: ear health impact of tenatus, how hearing may affect balance, sleep, fatigue. 1835 01:25:28,200 --> 01:25:30,479 Speaker 2: All of that design to help you understand your hearing 1836 01:25:30,520 --> 01:25:32,599 Speaker 2: properly so you can make informed decisions. And right now 1837 01:25:32,640 --> 01:25:34,719 Speaker 2: there's a very good reason to book. If you mentioned 1838 01:25:34,760 --> 01:25:37,879 Speaker 2: my name, my name is Mike Mik not Hosking's Hosking. 1839 01:25:38,720 --> 01:25:38,960 Speaker 3: Mike. 1840 01:25:39,240 --> 01:25:42,439 Speaker 2: Just say Mike when scheduling your appointment. You'll receive fifty 1841 01:25:42,439 --> 01:25:44,160 Speaker 2: percent off fifty five bo those of the sort of 1842 01:25:44,240 --> 01:25:46,200 Speaker 2: deals I get your fifty percent off your ear three 1843 01:25:46,240 --> 01:25:49,439 Speaker 2: sixty assessment. Now, if you've noticed changes in your hearing, 1844 01:25:49,560 --> 01:25:52,640 Speaker 2: or you simply want clarity rather than guesswork, a very 1845 01:25:52,720 --> 01:25:55,160 Speaker 2: sensible place to start. Eight hundred you're ready O eight 1846 01:25:55,280 --> 01:25:59,080 Speaker 2: hundred seven three seven sixty six two eight hundred seven 1847 01:25:59,160 --> 01:26:03,080 Speaker 2: three seven six six two or go to Resonatehealth dot 1848 01:26:03,200 --> 01:26:08,040 Speaker 2: co dot NZ. Hosking, Now, I haven't had time today, 1849 01:26:08,120 --> 01:26:09,960 Speaker 2: so we'll have to get into it tomorrow. Answer me 1850 01:26:10,080 --> 01:26:14,439 Speaker 2: this question, how is it possible? The Teaching Council. Teaching 1851 01:26:14,479 --> 01:26:18,040 Speaker 2: Council is the group that organizes training and monitors teaching 1852 01:26:18,120 --> 01:26:22,120 Speaker 2: in this country. You know, relatively important field teaching kids, 1853 01:26:22,360 --> 01:26:25,880 Speaker 2: future education. Anyway, the Teaching Council had a report on 1854 01:26:25,960 --> 01:26:29,599 Speaker 2: them published yesterday by the Public Service Commission. The council 1855 01:26:29,680 --> 01:26:34,160 Speaker 2: fell well short of public sector standards. They investigated procurement, 1856 01:26:34,200 --> 01:26:36,360 Speaker 2: there was conflict of interest management. This has been going on. 1857 01:26:36,479 --> 01:26:38,519 Speaker 2: Here is the really disturbing thing. This was happening between 1858 01:26:38,560 --> 01:26:43,439 Speaker 2: twenty eighteen and twenty twenty five, so just the seven years. 1859 01:26:43,840 --> 01:26:45,400 Speaker 2: How is it this sort of thing can go on 1860 01:26:46,640 --> 01:26:52,240 Speaker 2: for seven years and nobody goes this doesn't look right anyway. 1861 01:26:52,439 --> 01:26:58,120 Speaker 2: The Chief Executive, Leslie Hoskin Hoskin, not Hosking, not Hoskings Hoskin. 1862 01:26:58,640 --> 01:27:02,680 Speaker 2: No relations gone, conflict of interest. The old husband was 1863 01:27:02,760 --> 01:27:04,760 Speaker 2: working in the had some shares in the company that 1864 01:27:04,800 --> 01:27:06,640 Speaker 2: I were buying the business off. I'll explain all of 1865 01:27:06,680 --> 01:27:10,960 Speaker 2: this more likely. My big question is how is this possible? 1866 01:27:12,160 --> 01:27:13,519 Speaker 2: Five minutes away from none. 1867 01:27:13,720 --> 01:27:18,320 Speaker 1: Trending nowhouse the real house of fragrances. 1868 01:27:18,560 --> 01:27:21,320 Speaker 2: El Shopton on the life of Jesse Jackson. 1869 01:27:21,520 --> 01:27:24,679 Speaker 24: We cannot take the non violence out, but we must 1870 01:27:24,760 --> 01:27:27,639 Speaker 24: protect the right to vote. Everything doctor King and Rever 1871 01:27:27,800 --> 01:27:31,080 Speaker 24: Jackson stood for is at risk right now. Supreme Court 1872 01:27:31,240 --> 01:27:34,160 Speaker 24: is weighing right now section two of the voting rights there. 1873 01:27:34,680 --> 01:27:37,880 Speaker 24: Right now we've seen what's going on with with ice 1874 01:27:38,920 --> 01:27:43,360 Speaker 24: and deportation. So we have the challenge not to mourn. 1875 01:27:43,280 --> 01:27:46,679 Speaker 25: Jesse Jackson, but we need to use our mornings, which 1876 01:27:46,720 --> 01:27:49,120 Speaker 25: is what we're gonna do Saturday, to say there must 1877 01:27:49,160 --> 01:27:50,960 Speaker 25: be a movement. He would not want us to have 1878 01:27:51,160 --> 01:27:54,639 Speaker 25: sanctimonious morning mornings if we weren't gonna get. 1879 01:27:54,560 --> 01:27:55,280 Speaker 3: Up and do the work. 1880 01:27:55,640 --> 01:27:59,479 Speaker 2: He's a good man. L. Shopton, and I just wonder L. 1881 01:27:59,560 --> 01:28:02,520 Speaker 2: Shopton lost a tremendous amount of weight before the GLPS 1882 01:28:02,560 --> 01:28:04,960 Speaker 2: came along. And if you look at that old photos 1883 01:28:05,000 --> 01:28:07,240 Speaker 2: of L. Sharpen, he was a big unit. L Sharpens, 1884 01:28:07,280 --> 01:28:09,600 Speaker 2: the smallest man in the world, probably even smaller than 1885 01:28:09,640 --> 01:28:12,639 Speaker 2: I am. And that's really saying something. And he would 1886 01:28:12,680 --> 01:28:15,599 Speaker 2: have been pre GLP and so he would have gone 1887 01:28:15,640 --> 01:28:17,519 Speaker 2: laparoscopic or something like that. And I just wonder if 1888 01:28:17,560 --> 01:28:19,640 Speaker 2: he looks at the glps now and he's saying to himself, here, 1889 01:28:19,760 --> 01:28:24,519 Speaker 2: I should have got me some GLPS instead of that laparoscopic. 1890 01:28:24,880 --> 01:28:26,720 Speaker 3: Or no, because I think he would have just done 1891 01:28:26,800 --> 01:28:32,400 Speaker 3: the work. Was that were just being casually racist just then? 1892 01:28:32,439 --> 01:28:34,840 Speaker 2: I don't think, because we reveal those sort of people, 1893 01:28:34,920 --> 01:28:36,000 Speaker 2: I love them, and that's, you. 1894 01:28:36,080 --> 01:28:38,960 Speaker 9: Know, we aspire to have that accent. 1895 01:28:39,120 --> 01:28:42,479 Speaker 2: I think, at least we're not traitors, Glenn Willie, at 1896 01:28:42,560 --> 01:28:46,280 Speaker 2: least we're not traitors. And I've done plenty. I've done 1897 01:28:46,280 --> 01:28:49,360 Speaker 2: more than enough damage for one day Back tomorrow, Happy Days. 1898 01:28:51,479 --> 01:28:54,360 Speaker 1: For more from the Mic Asking Breakfast, listen live to 1899 01:28:54,479 --> 01:28:57,559 Speaker 1: news talks. It'd be from six am weekdays, or follow 1900 01:28:57,600 --> 01:28:59,120 Speaker 1: the podcast on iHeartRadio.