1 00:00:00,080 --> 00:00:02,599 Speaker 1: Friend of ours opened a new business last week, soft opening, 2 00:00:02,680 --> 00:00:04,880 Speaker 1: full steam ahead by the score holidays. He tells us, 3 00:00:05,120 --> 00:00:08,360 Speaker 1: so far he's going gangbusters. A lot of local support. 4 00:00:08,400 --> 00:00:10,960 Speaker 1: Looks a good news story to my eye. He is. However, 5 00:00:11,560 --> 00:00:14,640 Speaker 1: if you believe the headlines, the headlines that have been 6 00:00:14,640 --> 00:00:18,200 Speaker 1: supplied by his industry association in very dark and difficult days, 7 00:00:18,640 --> 00:00:20,320 Speaker 1: they don't look difficult at his place. I can tell 8 00:00:20,320 --> 00:00:22,280 Speaker 1: you that for nothing. The GDP figures came out as 9 00:00:22,280 --> 00:00:24,120 Speaker 1: we're away for the long weekend. Of course you missed 10 00:00:24,120 --> 00:00:28,320 Speaker 1: that zero point eight for Q one. Reserve Bank thought 11 00:00:28,360 --> 00:00:30,440 Speaker 1: it would be zero point four. Most banks thought it 12 00:00:30,440 --> 00:00:32,800 Speaker 1: would be zero point seven. The reality was better than 13 00:00:32,800 --> 00:00:36,920 Speaker 1: everybody thought. Nick Toughly, asb's headman on economics, he was 14 00:00:36,920 --> 00:00:38,839 Speaker 1: also on the show Thursday, told us he still had 15 00:00:38,880 --> 00:00:43,960 Speaker 1: growth for the second quarter April May June, so just gone. 16 00:00:44,280 --> 00:00:46,720 Speaker 1: He edited at zero point three zero point four. So 17 00:00:46,840 --> 00:00:49,840 Speaker 1: other commentary last week, though from the Manufacturing and Services 18 00:00:50,280 --> 00:00:53,159 Speaker 1: said Wo'd hit a brick wall. If Nick is right, 19 00:00:53,200 --> 00:00:55,240 Speaker 1: there's no brick wall. The same way. Q one was 20 00:00:55,240 --> 00:00:57,320 Speaker 1: not zero point four, it was zero point eight. The 21 00:00:57,320 --> 00:01:00,760 Speaker 1: point is this, is it possible we're in such a funk. 22 00:01:00,800 --> 00:01:02,680 Speaker 1: We don't want to see reality. You know what else 23 00:01:02,720 --> 00:01:06,120 Speaker 1: I read? Australia, the repository of so many disillusion New 24 00:01:06,200 --> 00:01:11,120 Speaker 1: Zealanders is now losing more people than it has since COVID. 25 00:01:11,560 --> 00:01:15,520 Speaker 1: A mass exodus is on in Australia. What people are 26 00:01:15,520 --> 00:01:18,840 Speaker 1: bailing out of Australia healthcare is crike. You can't get seen. 27 00:01:19,160 --> 00:01:21,760 Speaker 1: Government's sinking in debt. House prices have spiked past an 28 00:01:21,760 --> 00:01:25,160 Speaker 1: average of a million dollars everywhere. More people than ever 29 00:01:25,600 --> 00:01:28,520 Speaker 1: since records began are working multiple jobs just to make ends. 30 00:01:28,560 --> 00:01:31,280 Speaker 1: Make This is Australia, the golden answer for the miserable 31 00:01:31,319 --> 00:01:35,240 Speaker 1: key were looking for better. Maybe better is here. Maybe 32 00:01:35,240 --> 00:01:37,160 Speaker 1: in a turbulent, troubled world, the land of the long 33 00:01:37,160 --> 00:01:39,280 Speaker 1: white cloud is actually coming right, And people like our 34 00:01:39,319 --> 00:01:42,200 Speaker 1: mate and his new business sees it. And a lot 35 00:01:42,200 --> 00:01:44,200 Speaker 1: of what's in front of us is attitude. Is there 36 00:01:44,360 --> 00:01:46,479 Speaker 1: trouble in some areas well? Of course there is? Are 37 00:01:46,480 --> 00:01:49,240 Speaker 1: their issues still unresolval, of course? But do we have 38 00:01:49,320 --> 00:01:51,760 Speaker 1: growth and prospect? Yes we do. Do the numbers back 39 00:01:51,800 --> 00:01:54,080 Speaker 1: that up? And do they do? Maybe the grass is 40 00:01:54,080 --> 00:01:57,600 Speaker 1: in fact nice and just as green. You just gotta 41 00:01:57,640 --> 00:02:00,640 Speaker 1: want to see it. For more from the microsk Breakfast, 42 00:02:00,760 --> 00:02:04,120 Speaker 1: listen live to News Talk Set B from six am weekdays, 43 00:02:04,360 --> 00:02:06,400 Speaker 1: or follow the podcast on iHeartRadio