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Speaker 1: You're trusted home for news, sports, entertainment, opinion and Mike

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Speaker 1: the mic Hosking Breakfast with Bailey's real Estate finding the

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Speaker 1: buyers others can't use togs d B.

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Speaker 2: Well you welcome today. Light all the fires on the

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Speaker 2: bootsies you want. The Seabed Amendment has done. We got

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Speaker 2: new rules to alleviate climate reporting for business. I think

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Speaker 2: this is good news. Also good news on youth crime. Actually,

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Speaker 2: Mark and Ginny Politics Wednesday after Rate are at chard

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Speaker 2: anald Sea Prize. They're part of the action as well.

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Speaker 2: Pasking welcome to the No. Seven past six. If you

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Speaker 2: ever wanted an example of the job's mismatch, have I

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Speaker 2: got your insight now? As the news bulletins rolled out

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Speaker 2: the usual bunch of mowners this week complaining about the

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Speaker 2: government's latest requirements for those without work Ie they have

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Speaker 2: to apply for three jobs and prove But I'm reading

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Speaker 2: about where the actual jobs are now post the move

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Speaker 2: on the eighteen and nineteen year olds. You might remember

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Speaker 2: a couple of weeks ago the media spent no small

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Speaker 2: amount of energy telling us how there were no jobs

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Speaker 2: to be found. They'd taken great unbridge at the Prime

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Speaker 2: Minister suggesting employers were crying out for workers. The PM

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Speaker 2: turns out to be right. In manufacturing, engineering and logistics

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Speaker 2: as an industry, we've got a skill shortage of one

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Speaker 2: hundred and fifty seven thousand. Now that's actually more jobs

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Speaker 2: than there are jobless. An UNA as You Learn pilot

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Speaker 2: has been trialed in Wycato. It's got a ninety percent

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Speaker 2: completion rate. It's now being expanded into Wellington. Now the

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Speaker 2: consumer within the industry is age. A lot of workers

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Speaker 2: nearing retirement. They need young people one to know about

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Speaker 2: the jobs and opportunities, and two they need them to

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Speaker 2: hook into the idea of a career within these industries

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Speaker 2: or else like too many jobs in this country will

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Speaker 2: need to import people. Now, personally, I'm not against importing people,

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Speaker 2: but it does seem old that you've got so many

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Speaker 2: jobs and so many job less and yet we can't

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Speaker 2: seem to join the dots. I'm just not sure how

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Speaker 2: bad it has to get before the penny drops that

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Speaker 2: no skills is a ticket to nowhere, the refusal to

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Speaker 2: move from small towns to where the jobs actually are

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Speaker 2: is a ticket to nowhere, or the idea you can

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Speaker 2: spend years at school and still not have the slightest

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Speaker 2: clue as to what it is you want to do.

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Speaker 2: Is a that's right ticket to nowhere. It is the

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Speaker 2: interface between a country and a government providing us with

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Speaker 2: opportunities and openings, and the individual that at some point

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Speaker 2: actually has to want to get off their backside and

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Speaker 2: do something productive with their lives. An industry with a

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Speaker 2: skills gap of one hundred and fifty seven thousand in

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Speaker 2: a country the size of New Zealand is an abject failure.

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Speaker 2: When there is more energy put in by unions and

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Speaker 2: social agencies writing press releases to newsrooms, bagging governments and

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Speaker 2: jobless rules than there is actually connecting people to jobs,

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Speaker 2: the old priority list needs to be tipped on its.

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Speaker 3: Head, w news of the world in ninety seconds.

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Speaker 2: Now we're back in the Middle East this morning. Trump's

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Speaker 2: still firing off warnings to Hamas about dropping those guns.

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Speaker 2: As VP. Meantime is in Israel spreaking the deal.

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Speaker 4: Where there's almost this desire to root for failure, that

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Speaker 4: every time something bad happens, that every time that there's

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Speaker 4: an act of violence, there's this inclination to say, oh,

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Speaker 4: this is the end of the ceasefire, this is the

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Speaker 4: end of the peace plan. It's not the end.

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Speaker 2: His sidekick Whitcoff, is also there to open up the

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Speaker 2: organization that's allegedly going to run the place.

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Speaker 5: This.

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Speaker 6: Cm that we are CMCC that we're setting up. Now,

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Speaker 6: this is going to be used in other conflicts as

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Speaker 6: we figure out all the intricacies of how to how

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Speaker 6: to modulate a peace deal.

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Speaker 2: And how to get your letters in the right hold,

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Speaker 2: as some of you see. So that a little time

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Speaker 2: maytime back in DC, speaking of c's it's still shut down,

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Speaker 2: Speaker Johnson still firing off theories as.

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Speaker 7: To why Chuck Schumer and Hakim Jeffries are terrified of

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Speaker 7: their far less left base in New York and around

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Speaker 7: the country, so they have given in to their demands

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Speaker 7: to shut down the government so that they themselves can

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Speaker 7: get the left's approval and somehow salvage their political careers.

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Speaker 2: Yup the road in New York where a Merrill wrote

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Speaker 2: votes is listened a couple of weeks away. Now the

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Speaker 2: conservative sleie one has to be claimed. He's still got

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Speaker 2: a lot of people ringing him up, offering to pay

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Speaker 2: him to bail.

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Speaker 5: If you talk to me and you offer me a bribe,

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Speaker 5: which is unethical. It could be illegal, and I'm going

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Speaker 5: to have to run right to Alvin Bragg and his investigators,

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Speaker 5: and you could be in double troubles, double tubble.

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Speaker 2: I'm going to get you smarter than the average bear.

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Speaker 2: Then medical matters in Brittan, Old Boris has been in

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Speaker 2: front of the COVID committee with a few regrets.

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Speaker 8: It was obvious that that to be consideration of closing schools.

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Speaker 9: I was very much.

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Speaker 3: Hoping that we wouldn't have to close schools.

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Speaker 9: I thought it was a nightmare idea.

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Speaker 2: And in the theater and indeed on the table we

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Speaker 2: have a woman with Parkinson's being operated on while also

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Speaker 2: playing the clarity has helped the surgeons fine tune their treatment.

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Speaker 2: Apparently she also took requests. Actually I might have made

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Speaker 2: that up. Finally, what is it with Paris and nicking stuff?

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Speaker 2: This time we got a Chinese woman. She's been indicted

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Speaker 2: for stealing nearly three and a half million dollars worth

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Speaker 2: of gold nuggets from the National Museum of Natural History.

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Speaker 2: She was arrested two weeks after the heist in Barcelona

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Speaker 2: while she's trying to a Byteler back to China. It's led.

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Speaker 2: She cut through the doors of the museum with a

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Speaker 2: circular saw, then broke into the display with a blow torch.

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Speaker 2: She's been charged with organized theft and criminal conspiracy. The

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Speaker 2: officials apparently asked her at the time, have you seen

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Speaker 2: any old crowns? That is world and ninety sychos? Speaking

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Speaker 2: of the French chief, you're not aware of this. He's

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Speaker 2: actually turned up overnight and gone to jail. Carla was there,

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Speaker 2: the kids were there. It's five years first president, first

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Speaker 2: ex president to go to jail. He's appealing obviously. Twelve

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Speaker 2: past six, The.

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Speaker 1: Mike Asking Breakfast Full Show podcast on iHeartRadio powered by

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Speaker 1: News Talk Zippy.

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Speaker 2: Got some insight from Disney yesterday when they internationally win

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Speaker 2: they Disney Plus when they dumped Kimmel a couple of

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Speaker 2: weeks ago, the churn went from four percent average to

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Speaker 2: eight percent, which equates to about three million cancelations. Hence

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Speaker 2: the hens the backdown, of course. Fifteen past six from

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Speaker 2: Sharing Partners this Wednesday morning, Andrew Kellerhead, Good morning, Molly,

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Speaker 2: MIKEE is it fat thumb? What's going on with the dery?

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Speaker 2: I mean, the numbers are all over the place. No

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Speaker 2: one seems to they cocked it up, haven't they.

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Speaker 9: Yeah, that does appear to be in issue. Of course.

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Speaker 10: The first thing I did when I got up very

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Speaker 10: early this morning, not as early as you obviously, was

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Speaker 10: to check the Global Dairy Trade Index prices, as you

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Speaker 10: do when you get out of bed, which told me

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Speaker 10: that the index was up twenty one point nine percent,

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Speaker 10: which looks suspicious, which I thought, gosh, that's quite a

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Speaker 10: large move and also looked suspiciously like the exactly the

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Speaker 10: same move as the anhydrous milk fat which was also

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Speaker 10: at twenty one point nine percent. So clearly an issue

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Speaker 10: there that we haven't got results. However, they have said

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Speaker 10: that the individual reported prices are correct. Now, if that

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Speaker 10: is true, then you've seen quite a large fallen and

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Speaker 10: the whole milk powder. So I would preface all of

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Speaker 10: this by saying we need to confirm this, but a

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Speaker 10: four point six percent fall in whole milk powder I

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Speaker 10: think is quite significant. Two point one percent fall and

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Speaker 10: skim milk powder that would take the whole milk powder

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Speaker 10: back to about where it was in October twenty four and,

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Speaker 10: without wanting to be sort of sensationalist, I suspect that

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Speaker 10: that whole milk powder move could could actually make people

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Speaker 10: shift the forecast. Yeah, so we wait to see that.

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Speaker 10: So it's not great news, and we certainly don't want

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Speaker 10: to see weakness in one of the current shining lights

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Speaker 10: in our domestic economy. Also interested in the breakdown of demand,

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Speaker 10: in particularly demand out of China, because I've sort of

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Speaker 10: been looking at those recent numbers out of China economics.

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Speaker 9: It still looks quite soggy. Yes, so let's wait and see.

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Speaker 2: Okay, we'll get the numbers when they they coming. Meantime,

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Speaker 2: this important export thing looks I mean, I'm encouraged by

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Speaker 2: the lack of imports and more exports. I mean, the

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Speaker 2: export's are doing well, aren't they.

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Speaker 8: Yeah.

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Speaker 9: Stats New Zealand. Yeah, while we're talking about exports.

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Speaker 10: That's New Zealand released merchandise merchandise trade figures yesterday.

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Speaker 9: This is for goods, not services.

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Speaker 10: And if you dealve down to these numbers, there are

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Speaker 10: some really interesting trends at play, and I think you're right,

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Speaker 10: quite positive trends. Firstly, the monthly trade deficit September was

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Speaker 10: one point four billion dollars, which sounds like quite a lot,

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Speaker 10: but September is historically a deficit month, and it belies

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Speaker 10: some pretty good numbers underneath there. So September twenty five

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Speaker 10: versus September twenty four saw a nine hundred and twenty

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Speaker 10: eight million dollar lift in goods exports. That's a nineteen

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Speaker 10: percent left to five point eight billion. Goods imports rose

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Speaker 10: but only by one point six percent, And what's a

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Speaker 10: play in these numbers is probably not unexpected. There's a

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Speaker 10: big left in the value of milk powder, butter, cheese, exports,

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Speaker 10: meat and price effects. So there's two things can affect it.

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Speaker 10: That how much you're selling and that what price. A

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Speaker 10: lot of this is in the price twenty seven percent

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Speaker 10: of the move and milk powder was down to the

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Speaker 10: price effect and the meat also twenty five percent price

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Speaker 10: effect there. So we're getting better prices for our key

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Speaker 10: exports compared to last year.

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Speaker 9: And the import four though does look like it might.

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Speaker 10: Be impacted by a large sort of aircraft related input

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Speaker 10: twelve months ago, so you get the tyranny of statistics there.

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Speaker 9: I need to check on that.

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Speaker 10: Within the data they Mike and my eye was drawn

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Speaker 10: as the reporting on kiwi fruit keiifruit exports are surging

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Speaker 10: four and a half billion in the year end at

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Speaker 10: September twenty five, five years ago, that comparison was two

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Speaker 10: point seven billion, So it highlights the real success we're

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Speaker 10: seeing and exporting a ki fruit. So we celebrate those victories,

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Speaker 10: don't we Yes, And if you look at twelve month numbers,

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Speaker 10: twelve months of September twenty five, we've got a good

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Speaker 10: merchandise trade deficit of two point two billion, but weighed

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Speaker 10: on in twenty twenty three that deficit was seventeen billion.

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Speaker 10: Only a year ago it was nine billions. So you've

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Speaker 10: got the significant moderation in the amount of import So

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Speaker 10: we're curving our enthusiasm for importing stuff. Export values have risen.

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Speaker 10: Some of this is obviously down to the fact domestically

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Speaker 10: we're in a slump, but actually there's some good, good

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Speaker 10: stuff in.

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Speaker 2: That exactly precisely now, Now Meridian, with the shareholders meeting yesterday,

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Speaker 2: are they serious about hydro Well?

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Speaker 10: They say hyro Well, they say they are, and I

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Speaker 10: was quite surprised.

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Speaker 9: I have two very things very quickly on this.

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Speaker 10: You know, we spoke recently about the government response to

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Speaker 10: the Frontier Economics review of the electricity market, and I

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Speaker 10: think it's fair to say, am I fair to characterize

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Speaker 10: the media reaction.

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Speaker 9: Was a little underwhelmed in what they've done.

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Speaker 10: But the chair of Meridian, Mark Verbius, he called the

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Speaker 10: change that allows crown participation in new capital raisings the

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Speaker 10: biggest change to our capital investment settings listing in twenty thirteen.

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Speaker 10: This means the Crown can invest alongside private shareholders. So yeah,

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Speaker 10: they're looking at hydro, but what they're actually saying is

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Speaker 10: this could shift the dial and if they're now interested

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Speaker 10: in doing hydro, which and I just haven't heard people

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Speaker 10: talk about hydro. In other words, maybe these changes could

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Speaker 10: be a little bit more influential than we initially thought,

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Speaker 10: which is.

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Speaker 9: Also good news.

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Speaker 2: I reckon one of the numbers, kal Jones is up.

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Speaker 10: Two hundred ninety one points, so day twenty one government

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Speaker 10: shutdown two hundred and ninety two points on the Dow

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Speaker 10: forty six nine hundred and ninety nine. That's point sixty

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Speaker 10: three percent. But the S and P five hundred is

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Speaker 10: flat six seven three three and the nastack down a

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Speaker 10: little bit. Google under a bit of pressure open ayes

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Speaker 10: talking about challenging it in the browser market. So the

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Speaker 10: NASDAK twenty two thy nine hundred and forty two.

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Speaker 9: It's only down point two percent.

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Speaker 10: Though the Forts to one hundred up quarter percent nine

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Speaker 10: four to two six, the Nike up about quarter percent

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Speaker 10: four nine three one six new PM there Shanghai comps

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Speaker 10: it up fifty two points one point three six p

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Speaker 10: three nine one six. The Aussie's got estage point seven

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Speaker 10: percent nine oh ninety four, and we gained a quarter

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Speaker 10: per cent. There's at fifty thirteen thousand, three hundred and

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Speaker 10: seventy seven q we dollar point five seven four to

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Speaker 10: four against the US on the wholesale markets ossie point

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Speaker 10: eight eighty four to two point four to nine four

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Speaker 10: to seven euro zero point four two ninety three pounds.

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Speaker 9: Eighty seven point two one Japanese.

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Speaker 10: Yeah, now gold bit at action here big four five

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Speaker 10: percent full four thy one hundred and eighteen dollars. Remember

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Speaker 10: it was it had gone parabolic.

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Speaker 9: So that's that's come back a little bit.

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Speaker 10: And Brent Crude, sorry, Mike, can't give you that mid

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Speaker 10: figure of five sixty one dollars and forty three cents.

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Speaker 2: Chapta Murrow, Andrew Kella, Harshaw and partners, Other Media and News,

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Speaker 2: Warner Brothers, Discovery. So it will affect us here. They've

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Speaker 2: said overnight that they're getting phone calls and people are

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Speaker 2: interested and they are quote open for a sale. So

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Speaker 2: the share price is rocketed and that'll be interesting to

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Speaker 2: watch how that unfolds. Meantime, Apple acclaiming the seventeen has

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Speaker 2: outsold the sixteen for the same period of time, in

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Speaker 2: other words, for the first ten days of availability in China.

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Speaker 2: In the US, the seventeen has out sold the sixteen.

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Speaker 2: Mind Joe always suspicious about Apple in their numbers, and

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Speaker 2: they make three weird phones and they sell them mountain

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Speaker 2: in the You know it's six twenty one hered News

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Speaker 2: Talk Saidbo.

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Speaker 1: The Vike, asking Breakfast Full Show podcast on iHeartRadio powered

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Speaker 1: by News Talk SeeDB Morning Mike.

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Speaker 2: Interesting, how boris front of the UK COVID inquiry but

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Speaker 2: not just ininder for hours to be fair, the British

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Speaker 2: one is adversarial and they can call witnesses. We sort

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Speaker 2: of can call witnesses, but it's not adversarial and there

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Speaker 2: is no compulsion, So ours operate underd different rules. Doesn't

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Speaker 2: make ours right. I'm just just differentiating the two. Yeah, Takeichi,

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Speaker 2: As Andrew alluded to, she looked in trouble a couple

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Speaker 2: of days ago because they needed some help from another party.

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Speaker 2: It's turned out they've got it. So the LVP of

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Speaker 2: the party, she is the first female prime minister in

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Speaker 2: Japanese history. She got two hundred and thirty seven votes

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Speaker 2: in the first round of voting four hundred and sixty

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Speaker 2: five seat house, so we didn't need a run off,

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Speaker 2: and she got those votes with the help of the

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Speaker 2: Japanese Innovation Party. So they've signed an agreement over the weekend.

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Speaker 2: And what the JIP want a reduction in parliamentary seats,

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Speaker 2: free high school education, and a two year pools on

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Speaker 2: food consumption text. The LDP seemed to have caved to that,

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Speaker 2: so they've done a deal. Six twenty five.

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Speaker 11: Trending now with Chemist ware House, Great savings every day.

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Speaker 2: Remember Kara Shan Pierre, the old White House spin doctor,

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Speaker 2: the Biden version of Libett. Well she not surprisingly of course,

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Speaker 2: given she's out of work, has a book, and she's

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Speaker 2: turned up on Colbert.

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Speaker 12: You're talking to a guy who helped dress twenty five

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Speaker 12: million dollars for Joe Biden in March of that same year,

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Speaker 12: and thank you for that.

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Speaker 3: Thank you very much.

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Speaker 12: Later I saw a guy who I had not seen backstage.

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Speaker 12: It seemed like a dramatically different person. You can imagine

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Speaker 12: why people got so worried.

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Speaker 2: He would say, yes, I know, I don't speak this

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Speaker 2: as well as I used to edit walk as well.

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Speaker 13: As I used to.

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Speaker 3: No one is saying that he.

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Speaker 12: Didn't age and we're going to questioned his heart or

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Speaker 12: his policies. It takes more than that to be the president.

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Speaker 12: I had Steve, and in a moment of great thresher

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Speaker 12: on stage, we saw someone a shock us and worry us.

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Speaker 12: And no one is saying that the debate performance wasn't shocking?

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Speaker 3: Was it a disappointment?

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Speaker 4: No one is saying it.

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Speaker 3: Is such a late time.

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Speaker 14: I use your use your welfare.

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Speaker 2: Yeah, you'll never get away from that. Unfortunately, you associate

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Speaker 2: yourself with a person like him, you can never escape

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Speaker 2: Morning Mike. Isn't it a surprise? The health policy of labor.

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Speaker 2: It's basically market intervention and price freeze and just astonishingly

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Speaker 2: damaging and weird. When does it end? I'm so glad

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Speaker 2: you raised that because as part of yesterday's cock up,

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Speaker 2: the actual story was missed, not that Hipkins forgot about it,

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Speaker 2: not that he said, no one cares, but the actual

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Speaker 2: policy itself. If you look at what they're trying to do,

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Speaker 2: it's gerrymandering the market. Now, if you don't understand that,

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Speaker 2: we'll come back and explain more shortly. Also, the Alliance

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Speaker 2: boat got through Money Talk Space at the end of

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Speaker 2: the day, will crunch some of those numbers and see

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Speaker 2: where it goes. Also for Fonterra too. News is next.

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Speaker 1: Though, the newsmakers and the personalities, the big names talk

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Speaker 1: to Mike the Mic asking breakfast with al Vida, Retirement Communities,

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Speaker 1: Life your Way, News, togs Head Beslately.

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Speaker 2: With Ridgard Arnold. As you heard earlier on the show,

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Speaker 2: Dances in the Middle East of the moment. Then they'd

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Speaker 2: also started the demolition on the White House, so more

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Speaker 2: details on that back home. Meantime, twenty three minutes away

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Speaker 2: from seven wasn't even close to the end. Alliance shareholders

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Speaker 2: said yes to the two hundred and seventy million dollar

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Speaker 2: door meets bid eighty seven percent support of the selling

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Speaker 2: of the sixty five percent of the company. Jeff Grant,

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Speaker 2: spokesperson for the Alliance shareholders, is with us. Jeff Morning,

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Speaker 2: Good morning.

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Speaker 8: Mike.

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Speaker 2: Can't argue with democracy, can you no?

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Speaker 15: And you know the board has to be congratulated for

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Speaker 15: getting the deal over eighty seven percent quote a high barrier.

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Speaker 15: But it's the last of the meat corporates in New Zealand.

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Speaker 2: Yeah, I was going to ask about that. Is it

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Speaker 2: emotional or is it just life?

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Speaker 15: It's just life. But you know, the shareholders of the

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Speaker 15: company have effectively watched the directors lose you know, around

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Speaker 15: three hundred million dollars over seven years and value for them,

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Speaker 15: and so their equity went from seventy to thirty eight percent.

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Speaker 15: The company was forced into a position of having to

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Speaker 15: find new equity.

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Speaker 2: How much of this, for people who haven't followed the story,

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Speaker 2: how much of this individual set of circumstances is an

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Speaker 2: alliance story versus the processing of meat story for an industry?

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Speaker 16: Oh?

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Speaker 15: Fair bit. If it's an alliance story, this is a

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Speaker 15: This will be a business management school one oh one

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Speaker 15: paper on how to destroy value without any doubt at all?

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Speaker 2: Is it as bad as they made it? The management

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Speaker 2: made it out to be? In other words, the banks

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Speaker 2: aren't going to play ball. It's too much money. We've

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Speaker 2: got no money, we can't afford it, so we need

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Speaker 2: to sell.

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Speaker 3: Is it that bad look.

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Speaker 15: I don't believe the banks would have closed on the

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Speaker 15: nineteenth of December. He was going to be a receiver

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Speaker 15: six days before Christmas, four and a half thousand star

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Speaker 15: the start of the Pete kill. So there was a

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Speaker 15: bit of theater in it. I think that the group,

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Speaker 15: that our group was able to what I had indicator

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Speaker 15: that could raise the capitol. I just think the hour

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Speaker 15: run was too short, too late.

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Speaker 2: Do you like dorn Meats? If you had to sell

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Speaker 2: these good people of.

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Speaker 8: Mike.

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Speaker 15: If you were to look around the world and say,

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Speaker 15: what are the four or five companies that you want

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Speaker 15: to be associated, Dorn Meat would definitely be one.

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Speaker 2: And are they good people or are they going to

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Speaker 2: strip the place?

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Speaker 15: The Lord only knows. The reality is that it will

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Speaker 15: depend on the stock flow, so how much they'll actually

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Speaker 15: be able to get This company was losing stock not

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Speaker 15: just on the basis of market share, but also just

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Speaker 15: because of the way they were operating the business. And

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Speaker 15: so I think it'll be a bit of a test

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Speaker 15: to see. We'll know in about twelve months what their

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Speaker 15: intentions are.

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Speaker 2: Mike, get you back on them. You're insight. Jeff Grant,

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Speaker 2: who's the spokesperson for the Alliance shareholders, justin from the

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Speaker 2: White House. This thing. There's going to be a book

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Speaker 2: written about this, the Putin Trump things off. So it

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Speaker 2: was on till it was off. I raised the airspace issues.

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Speaker 2: I mean, how he was going to get from Russia

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Speaker 2: to Budapest where no one could work it out and

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Speaker 2: he needed a lot of compensation to be able to

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Speaker 2: do it because his war criminal, of course, But it

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Speaker 2: was on until it was off. So where that particular

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Speaker 2: war goes, we don't know. Richard Arnold with more shortly

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Speaker 2: twenty two the.

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Speaker 1: Mike Hosking Breakfast Full Show podcast on iHeartRadio powered by

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Speaker 1: News talksp.

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Speaker 2: Now, this is exciting. Here's the thing about Dice, and

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00:18:36,359 --> 00:18:38,160
Speaker 2: they just keep upping the game. They got the brand

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00:18:38,200 --> 00:18:43,520
Speaker 2: new V sixteen Piston Animal Submarine. Surely the coolest name

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00:18:43,600 --> 00:18:47,600
Speaker 2: for a vacuum ever, the V sixteen Piston Animal Submarine.

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00:18:47,960 --> 00:18:50,040
Speaker 2: So what do we got? We got there? It's cordless.

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Speaker 2: It's the most powerful anti tangle cordless vacuum they've ever made.

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Speaker 2: Doesn't just vacuum washes hard floors as well. It's got

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Speaker 2: a new conical head that automatically adapts to whatever you're on. Carpets, tiles,

408
00:19:01,320 --> 00:19:03,240
Speaker 2: wooden floors, does the lot powerful when it needs to

409
00:19:03,280 --> 00:19:05,920
Speaker 2: be gentle when it should be dtangles up to twenty

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00:19:05,960 --> 00:19:08,359
Speaker 2: five inches of pet hair along here you switch it

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00:19:08,440 --> 00:19:10,520
Speaker 2: up to the submarine cleaner head, I mean just the

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00:19:10,600 --> 00:19:12,960
Speaker 2: submarine cleanerhead and you can wash away the dirt and

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00:19:13,040 --> 00:19:16,160
Speaker 2: spills and the stains no problem. Packed with clever features

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00:19:16,280 --> 00:19:20,000
Speaker 2: are the clean compact bin compresses dust so that you

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00:19:20,080 --> 00:19:23,240
Speaker 2: hold up to thirty days worth. Tools, built in quick

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00:19:23,280 --> 00:19:25,760
Speaker 2: release head, snow bending downs incredible, the dice in V

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00:19:25,880 --> 00:19:29,520
Speaker 2: sixteen piston Animal Submarine. It's available now at Harvey Norman

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Speaker 2: Pasking Lots. The renter's market trading numbers this morning. Wellington's

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Speaker 2: falling off a cliff. Eighty dollars down on the start

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Speaker 2: of the year. Eighty dollars a week cheaper to Rent

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Speaker 2: and Wellington than it was at the start of the year.

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Speaker 2: National Median Weekly steady at six twenty, but it is

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Speaker 2: down one point six percent on the year. Big increase.

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Speaker 2: We're seeing some movement in Hawk's Bay. Big increase in listings,

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Speaker 2: twenty eight percent increase in listings for the month, but

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Speaker 2: nowhere in the Country's gone up bar Canterbury. Of course

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Speaker 2: you have one point up for Canterbury, one point eight

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Speaker 2: percent up for Canterbury. Rest of the country all and down,

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Speaker 2: north and down six and a half. As I said,

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Speaker 2: Wellington down seven, Moulder down three and a half, Walks

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Speaker 2: Bay down three, the West Coast, Tasman Southland zero. But

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Speaker 2: as I say, Winter's market sixteen to two.

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Speaker 17: International correspondence with ens and eye insurance, peace of mind

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Speaker 17: for New Zealand business, not as we go.

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Speaker 2: With jadalenbergod money to you, good one you make So

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Speaker 2: JD's working hard in the Middle East.

437
00:20:25,680 --> 00:20:28,719
Speaker 18: That's right, Ukraine talks half in Middle East ongoing. And

438
00:20:28,760 --> 00:20:32,359
Speaker 18: here's a new word, not babysitting, but bib sitting that

439
00:20:32,560 --> 00:20:36,320
Speaker 18: bib as in Bib Natanyahu the ISRAELIPM and keeping watch

440
00:20:36,320 --> 00:20:38,920
Speaker 18: on him is the way that some here are characterizing

441
00:20:38,960 --> 00:20:43,160
Speaker 18: this visit to Israel right now by JD. Vance flew

442
00:20:43,200 --> 00:20:45,600
Speaker 18: into Israel estate and made his way to the southern

443
00:20:45,600 --> 00:20:48,720
Speaker 18: city of Kuriat Gut, which is the base for the

444
00:20:48,880 --> 00:20:53,400
Speaker 18: USC's fire monitoring team. Vance then appeared with the Trump negotiators,

445
00:20:53,440 --> 00:20:55,600
Speaker 18: the Middle East end voice Steve Whitcoff and Trump's son

446
00:20:55,640 --> 00:20:59,040
Speaker 18: in law Jerry Kushna, and he voiced his optimism while

447
00:20:59,080 --> 00:21:01,639
Speaker 18: taking a swiper the media as well.

448
00:21:01,680 --> 00:21:04,760
Speaker 4: There is this weird attitude I've since in the American media,

449
00:21:04,840 --> 00:21:07,600
Speaker 4: in the Western media, where there's almost this desire to

450
00:21:07,680 --> 00:21:10,560
Speaker 4: root for failure, that every time something bad happens, that

451
00:21:10,640 --> 00:21:12,840
Speaker 4: every time that there's an act of violence, there's this

452
00:21:12,920 --> 00:21:15,520
Speaker 4: inclination to say, oh, this is the end of the ceasefire,

453
00:21:15,560 --> 00:21:17,639
Speaker 4: this is the end of the peace plan. It's not

454
00:21:17,800 --> 00:21:20,359
Speaker 4: the end. It is in fact exactly how this is

455
00:21:20,400 --> 00:21:22,560
Speaker 4: going to have to happen when you have people who

456
00:21:22,600 --> 00:21:24,600
Speaker 4: hate each other, who have been fighting against each other

457
00:21:24,600 --> 00:21:28,000
Speaker 4: for a very long time. We are doing very well.

458
00:21:27,920 --> 00:21:31,480
Speaker 18: So blame the media. What actually is concerning Washington is

459
00:21:31,480 --> 00:21:34,400
Speaker 18: that Mettnia, who might back off the hollbroy could deal.

460
00:21:35,040 --> 00:21:37,240
Speaker 18: Two days ago Israel launched a way those strikes that

461
00:21:37,320 --> 00:21:40,200
Speaker 18: killed forty five Palestinians after militants fight on Israel and

462
00:21:40,240 --> 00:21:44,240
Speaker 18: he soldiers. So Trea is certainly being tested. Events makes

463
00:21:44,320 --> 00:21:45,920
Speaker 18: this acknowledgement.

464
00:21:45,400 --> 00:21:47,480
Speaker 4: Right now, I feel very optimistic. Can I say with

465
00:21:47,520 --> 00:21:49,600
Speaker 4: one hundred percent certainty that it's going to work. No,

466
00:21:50,080 --> 00:21:52,480
Speaker 4: But you don't do difficult things by only doing what's

467
00:21:52,480 --> 00:21:55,040
Speaker 4: one hundred percent certain. You do difficult things by trying,

468
00:21:55,040 --> 00:21:56,640
Speaker 4: and that's what the President of the United States has

469
00:21:56,680 --> 00:21:57,600
Speaker 4: asked us to do well.

470
00:21:57,680 --> 00:22:00,320
Speaker 18: One of the lingering issues is there a ton of

471
00:22:00,359 --> 00:22:03,160
Speaker 18: the remains of hostages killed when taken by Her Master.

472
00:22:03,240 --> 00:22:07,040
Speaker 18: Bodies of about fifteen hostages remain in Gaza, and Vance

473
00:22:07,119 --> 00:22:09,359
Speaker 18: says of the process, this is difficult.

474
00:22:09,600 --> 00:22:11,760
Speaker 4: This is not going to happen overnight. Some of these

475
00:22:11,800 --> 00:22:15,720
Speaker 4: hostages are buried under thousands of pounds of rubble. Some

476
00:22:15,840 --> 00:22:18,000
Speaker 4: of the hostages nobody even knows where they are.

477
00:22:18,200 --> 00:22:21,080
Speaker 18: Some Israeli officials accuse the mass of renegging not As

478
00:22:21,080 --> 00:22:24,320
Speaker 18: promised to return them for proper burials. Hamas saying they're

479
00:22:24,359 --> 00:22:27,840
Speaker 18: facing enormous difficulty in excavating some of the remains because

480
00:22:27,840 --> 00:22:29,880
Speaker 18: of the way so much of Gaza has been turned

481
00:22:29,880 --> 00:22:32,560
Speaker 18: into rubble. But Trump's son and Lord Garret Kushna says

482
00:22:32,560 --> 00:22:35,480
Speaker 18: the US team has a strong negotiating card in this.

483
00:22:35,880 --> 00:22:38,240
Speaker 12: No reconstruction funds will be going into areas that AMAS

484
00:22:38,320 --> 00:22:38,879
Speaker 12: still control.

485
00:22:39,000 --> 00:22:41,280
Speaker 18: So if this moves into a new phase, Mike, the

486
00:22:41,440 --> 00:22:44,200
Speaker 18: rebuilding the physical isolation of her mask could turn out

487
00:22:44,240 --> 00:22:46,600
Speaker 18: to be a strong factories what they're suggesting.

488
00:22:46,280 --> 00:22:49,920
Speaker 2: Speaking of rebuilding our ball roomors go Yep.

489
00:22:50,200 --> 00:22:52,520
Speaker 18: There was no announcement before this happened. Then a wrecking

490
00:22:52,560 --> 00:22:54,800
Speaker 18: ball was taken a part of the White House that

491
00:22:54,920 --> 00:22:56,960
Speaker 18: shocked a lot of people. It has left a section

492
00:22:57,000 --> 00:22:58,840
Speaker 18: of the east wing open to the elements as work

493
00:22:58,920 --> 00:23:01,240
Speaker 18: begins on what trumps and is a grand ballroom that

494
00:23:01,359 --> 00:23:04,399
Speaker 18: can accommodate nine hundred and ninety nine people, He says,

495
00:23:04,400 --> 00:23:07,480
Speaker 18: in the style presumably of I don't know, Palace of Versailles.

496
00:23:07,920 --> 00:23:10,000
Speaker 18: Trump had claimed that this would not affect the White

497
00:23:10,040 --> 00:23:12,720
Speaker 18: House building itself, which has looked the same throughout the

498
00:23:12,880 --> 00:23:13,680
Speaker 18: entire modern era.

499
00:23:13,840 --> 00:23:15,399
Speaker 13: Won't interfere with the current building.

500
00:23:15,400 --> 00:23:16,680
Speaker 2: I won't be It'll be.

501
00:23:18,160 --> 00:23:19,879
Speaker 8: Near it, but not touching it.

502
00:23:20,280 --> 00:23:22,960
Speaker 18: Well, that was patently untrue. You know, when they built

503
00:23:23,000 --> 00:23:25,040
Speaker 18: the Trump Tower in New York, the Donald pleasures to

504
00:23:25,080 --> 00:23:27,639
Speaker 18: preserve the much loved decorative freezes on that old building,

505
00:23:27,640 --> 00:23:31,240
Speaker 18: but instead these were jackhammered into oblivion. When Trump's father

506
00:23:31,320 --> 00:23:34,120
Speaker 18: tore down an historic amusement park in Coney Island, they

507
00:23:34,119 --> 00:23:37,120
Speaker 18: threw a party at the area, complete with bikini clad

508
00:23:37,160 --> 00:23:40,440
Speaker 18: models wearing hard hats. News of the partial demolition of

509
00:23:40,480 --> 00:23:42,440
Speaker 18: the White House East Wind came by chance to say,

510
00:23:42,440 --> 00:23:46,200
Speaker 18: presumably still working despite the government's shutdown. Worker sent a

511
00:23:46,680 --> 00:23:49,159
Speaker 18: photo of the damage to the media. There is now

512
00:23:49,240 --> 00:23:52,040
Speaker 18: a new order for no photos of areas that cannot

513
00:23:52,080 --> 00:23:55,800
Speaker 18: be seen from public sites. The two hundred million dollar

514
00:23:55,960 --> 00:23:58,639
Speaker 18: US three hundred and fifty million New Zealand Ballroom is

515
00:23:58,680 --> 00:24:01,840
Speaker 18: being paid for by corporate donors who presumably will be

516
00:24:01,880 --> 00:24:06,080
Speaker 18: wined and dined at the site. As for the public reaction, well,

517
00:24:06,080 --> 00:24:08,280
Speaker 18: here's a few comments from the Times site today. It

518
00:24:08,280 --> 00:24:10,760
Speaker 18: breaks my heart, says one quote. To tear out the

519
00:24:10,840 --> 00:24:13,320
Speaker 18: rose garden cover the overal office in fake gold is

520
00:24:13,400 --> 00:24:16,399
Speaker 18: like watching a foreign enemy burn the nation's capital, says another.

521
00:24:16,840 --> 00:24:19,800
Speaker 18: It will be the King Louis the fourteenth ballroom, says another.

522
00:24:19,840 --> 00:24:22,760
Speaker 18: Don't be surprised if a giant Trump logo appears on

523
00:24:22,880 --> 00:24:26,400
Speaker 18: the exterior. Others see this as simply Trump being who

524
00:24:26,480 --> 00:24:28,800
Speaker 18: is he disrupted, while critics see it as a metaphor

525
00:24:28,880 --> 00:24:33,040
Speaker 18: for tearing down the democracy. Well, here's another posted sort.

526
00:24:33,080 --> 00:24:35,880
Speaker 18: The next president should turn it into the new press wing.

527
00:24:36,000 --> 00:24:39,240
Speaker 18: Not enough gold rococo ornaments in radio studios these days?

528
00:24:39,359 --> 00:24:40,320
Speaker 2: Is there good stuff?

529
00:24:40,359 --> 00:24:40,720
Speaker 8: Go well?

530
00:24:40,800 --> 00:24:43,480
Speaker 2: Richard Arnold Steitzide having been lucky enough to go to

531
00:24:43,480 --> 00:24:45,520
Speaker 2: the White House. What account work out is when you're tearing,

532
00:24:45,680 --> 00:24:50,000
Speaker 2: it's not that big. It's surprisingly small, and smacking down

533
00:24:50,040 --> 00:24:52,640
Speaker 2: one wall would be I would have thought problematic and

534
00:24:52,680 --> 00:24:54,560
Speaker 2: noisy for the people who work in the place. But

535
00:24:54,600 --> 00:24:57,600
Speaker 2: then again, maybe not James coming. He's asked a federal

536
00:24:57,680 --> 00:25:01,480
Speaker 2: judge to dismiss his problems criminal he reckons Lindsay Halligan,

537
00:25:01,920 --> 00:25:04,840
Speaker 2: the US Attorney, has been appointed unlawfully, so we'll see

538
00:25:04,840 --> 00:25:06,480
Speaker 2: where that goes. And then we've got watch out for

539
00:25:06,560 --> 00:25:09,680
Speaker 2: Friday because the guy called Paul and Gracia, who was

540
00:25:09,720 --> 00:25:12,639
Speaker 2: Trump's in battle nominee to lead the Office of Special Counsel,

541
00:25:12,920 --> 00:25:15,199
Speaker 2: has told the group of fellow Republicans in a text

542
00:25:15,359 --> 00:25:19,119
Speaker 2: chain that the Martin Luther King Holiday should be tossed

543
00:25:19,160 --> 00:25:22,159
Speaker 2: into the seventh circle of Hell. And he has a

544
00:25:22,280 --> 00:25:25,280
Speaker 2: Nazi streak. So he's due in front of the Senate

545
00:25:25,320 --> 00:25:29,359
Speaker 2: confirmation hearing on Friday our time. It's been independently verified

546
00:25:29,680 --> 00:25:31,960
Speaker 2: as the number listed on this particular chain is too

547
00:25:32,040 --> 00:25:34,000
Speaker 2: in Grasier. So I don't know how that's going to

548
00:25:34,000 --> 00:25:36,040
Speaker 2: go on Friday, but it's probably worth watching ten away

549
00:25:36,080 --> 00:25:36,520
Speaker 2: from seven.

550
00:25:37,000 --> 00:25:40,880
Speaker 1: So my costing breakfast with a Vita retirement, Communities News,

551
00:25:40,920 --> 00:25:41,720
Speaker 1: togs Head been.

552
00:25:41,640 --> 00:25:46,560
Speaker 2: Prosecutor, and the Jewels case, the Louver case. They've just

553
00:25:46,600 --> 00:25:52,520
Speaker 2: priced the snatch at seventy six million pounds. It's about

554
00:25:52,520 --> 00:25:54,719
Speaker 2: two hundred million New Zealand dollars or is it three

555
00:25:54,800 --> 00:25:55,280
Speaker 2: hundred million?

556
00:25:55,600 --> 00:25:55,879
Speaker 14: Exact?

557
00:25:56,040 --> 00:25:59,160
Speaker 19: It's only one hundred and seventy six point nine two.

558
00:26:00,240 --> 00:26:03,359
Speaker 2: Thank you so Hipkins. Yes, I mean what a dofis?

559
00:26:03,480 --> 00:26:07,960
Speaker 2: I mean, honestly, Aur a whole two years to wind

560
00:26:07,960 --> 00:26:11,280
Speaker 2: yourself up into some policy release day number one? You

561
00:26:11,359 --> 00:26:13,640
Speaker 2: cock it up completely? And why don't they sit around

562
00:26:13,680 --> 00:26:16,240
Speaker 2: so you're in the room, you're brainstorming your blue skying.

563
00:26:16,960 --> 00:26:18,919
Speaker 2: Why aren't you in the room? Going right? If we're

564
00:26:18,960 --> 00:26:22,800
Speaker 2: going to say this on our policy, one of the

565
00:26:22,800 --> 00:26:25,720
Speaker 2: first questions going to be who's running it? What businesses

566
00:26:25,720 --> 00:26:28,439
Speaker 2: were involved? You know, in other words, specifics. The questions

567
00:26:28,440 --> 00:26:31,080
Speaker 2: are going to be specifics. Given those are the questions coming,

568
00:26:31,320 --> 00:26:34,360
Speaker 2: what is it we're going to say? So you got

569
00:26:34,359 --> 00:26:36,760
Speaker 2: some planning, So cock up day number one, cock up

570
00:26:36,840 --> 00:26:40,639
Speaker 2: day number two? Whoops, I thought it was tomorrow. So

571
00:26:40,760 --> 00:26:43,119
Speaker 2: Ash's not even there, she writes the article in the

572
00:26:43,160 --> 00:26:46,000
Speaker 2: Doctor magazine. He doesn't know anything about that doesn't have

573
00:26:46,000 --> 00:26:47,840
Speaker 2: a clue. And our later comes back for the press

574
00:26:47,840 --> 00:26:51,320
Speaker 2: conference and goes, I thought it was tomorrow, my bad

575
00:26:51,480 --> 00:26:55,760
Speaker 2: two years and he can't get it right. So then

576
00:26:55,840 --> 00:26:58,359
Speaker 2: the critical part of this actual policy to create, and

577
00:26:58,400 --> 00:27:01,080
Speaker 2: this is what's in the Doctor magazine, to create an

578
00:27:01,160 --> 00:27:05,919
Speaker 2: independent authority to set sustainable prices for general practice. Now

579
00:27:05,960 --> 00:27:09,000
Speaker 2: what does that mean? Who are these independents? And what

580
00:27:09,040 --> 00:27:11,760
Speaker 2: are they going to do? Is is that sustainable prices

581
00:27:11,760 --> 00:27:14,240
Speaker 2: for me and you? So they're going to go, Look

582
00:27:14,280 --> 00:27:15,919
Speaker 2: the seventy dollars that you're paying at the GP at

583
00:27:15,960 --> 00:27:18,080
Speaker 2: the moment, you can't afford that, so let's make it fifty.

584
00:27:18,640 --> 00:27:21,119
Speaker 2: So what's the GP going to go? They can't charge

585
00:27:21,119 --> 00:27:23,760
Speaker 2: more than fifty. How communist is that they don't already

586
00:27:23,800 --> 00:27:26,720
Speaker 2: get funded enough money to pay for their services anyway.

587
00:27:27,200 --> 00:27:31,160
Speaker 2: And so suddenly the Labor Party, through their independence, are

588
00:27:31,160 --> 00:27:32,880
Speaker 2: going to be able to tell doctors how much they

589
00:27:32,920 --> 00:27:34,880
Speaker 2: can charge and how much you and I pay. Who

590
00:27:34,920 --> 00:27:40,199
Speaker 2: makes up the difference? And then he says hepkins, no

591
00:27:40,280 --> 00:27:44,240
Speaker 2: one's interested in that anyway. What an idiot? Five to seven?

592
00:27:45,240 --> 00:27:46,439
Speaker 3: All the ins and the.

593
00:27:46,480 --> 00:27:50,520
Speaker 11: Outs, it's the bears with business fiber take your business

594
00:27:50,520 --> 00:27:52,240
Speaker 11: productivity to the next level.

595
00:27:52,520 --> 00:27:54,800
Speaker 2: Major companies, couple of results for you this morning, GM

596
00:27:54,840 --> 00:27:57,040
Speaker 2: as in cars brookm Q three What do they do?

597
00:27:57,160 --> 00:28:01,200
Speaker 2: Forty eight point five billion for the quarter? Down a bit,

598
00:28:01,320 --> 00:28:04,280
Speaker 2: but up by over three billion on expected doings. So

599
00:28:04,280 --> 00:28:06,159
Speaker 2: in other words, they are that delivered. So the streagaways,

600
00:28:06,200 --> 00:28:08,800
Speaker 2: like I say, shares up more than fifteen percent. The

601
00:28:08,840 --> 00:28:11,919
Speaker 2: CEO says next year is even better. What it doesn't

602
00:28:11,920 --> 00:28:13,600
Speaker 2: do is include the one point six billion I told

603
00:28:13,640 --> 00:28:15,359
Speaker 2: you about the other day. That's a special charge for

604
00:28:15,400 --> 00:28:18,080
Speaker 2: their EV problems. They can't sell the EV, so they're

605
00:28:18,119 --> 00:28:19,239
Speaker 2: going to go this is going to hit us by

606
00:28:19,240 --> 00:28:22,000
Speaker 2: one point six billion. They've also adjusted how much they're

607
00:28:22,000 --> 00:28:24,520
Speaker 2: expecting to lose because of the traff the tariffs. They

608
00:28:24,520 --> 00:28:26,560
Speaker 2: thought four and a half billion, they now think it'll

609
00:28:26,560 --> 00:28:27,840
Speaker 2: be three and a half to four and a half.

610
00:28:27,880 --> 00:28:29,720
Speaker 2: So if that's at the top end of that hasn't

611
00:28:29,720 --> 00:28:31,480
Speaker 2: actually changed, but at the bottom end it could be

612
00:28:31,480 --> 00:28:34,199
Speaker 2: a billion dollars less. So that's good. Coca Cola. What

613
00:28:34,240 --> 00:28:37,520
Speaker 2: can I tell you? They've got the new recipe coming

614
00:28:37,520 --> 00:28:39,920
Speaker 2: out apparently Q three net and come three point seven

615
00:28:40,000 --> 00:28:42,040
Speaker 2: is that good? Three point seven billion Is that good. Yes,

616
00:28:42,520 --> 00:28:45,120
Speaker 2: it's up from two point eight five billion. Net sales

617
00:28:45,120 --> 00:28:48,240
Speaker 2: are up five percent. The two big markets, Latin America

618
00:28:48,320 --> 00:28:52,120
Speaker 2: North America Flat chief operating officer says demand for soft

619
00:28:52,160 --> 00:28:55,680
Speaker 2: drinks continues to wane. They're actually seeing the growth. Where's

620
00:28:55,720 --> 00:28:58,320
Speaker 2: the growth. Water. We're loving the water, We're loving the coffee,

621
00:28:58,480 --> 00:29:00,760
Speaker 2: and we're loving the tea. Those parts of the company

622
00:29:00,760 --> 00:29:02,960
Speaker 2: are increasing two to three percent. So the odd soft

623
00:29:03,000 --> 00:29:06,560
Speaker 2: drink's not what it was now. Poor Goldsmith. I hope

624
00:29:06,560 --> 00:29:08,160
Speaker 2: you got out last night and set a fire on

625
00:29:08,200 --> 00:29:09,959
Speaker 2: the beach, because that was the plan for the big protest.

626
00:29:10,040 --> 00:29:11,760
Speaker 2: Wasn't it go go light a fire on the beach

627
00:29:11,800 --> 00:29:13,480
Speaker 2: and that would change the world, wouldn't it. Except it

628
00:29:13,480 --> 00:29:17,480
Speaker 2: wouldn't because the Foreshore and Seabeed Amendment Bill. Have we

629
00:29:17,560 --> 00:29:22,000
Speaker 2: forgotten the foreshore an amendment The word amendments the critical

630
00:29:22,040 --> 00:29:24,960
Speaker 2: part of this. They're simply taking the law back to

631
00:29:25,160 --> 00:29:28,120
Speaker 2: what it was in twenty eleven. Now, the interesting thing

632
00:29:28,120 --> 00:29:30,560
Speaker 2: about that is, I note the opposition as saying that

633
00:29:30,600 --> 00:29:32,840
Speaker 2: if they get to power next year, they'll change it

634
00:29:32,880 --> 00:29:35,320
Speaker 2: back again. Why then, didn't they change it in the

635
00:29:35,400 --> 00:29:37,480
Speaker 2: years that they were in power. They didn't seem to

636
00:29:37,480 --> 00:29:39,240
Speaker 2: have a problem with the original law when they were

637
00:29:39,280 --> 00:29:41,000
Speaker 2: in power, but all of a sudden they do. Why

638
00:29:41,400 --> 00:29:43,920
Speaker 2: what's happened there? Anyway? Paul Goldsmith on this, and I

639
00:29:43,920 --> 00:29:47,120
Speaker 2: also have some very good news on youth crime. The

640
00:29:47,200 --> 00:29:50,320
Speaker 2: numbers seemingly don't lie. They've cracked down. They've cracked down

641
00:29:50,320 --> 00:29:52,760
Speaker 2: big time and it's been very, very successful. So we'll

642
00:29:52,800 --> 00:29:55,680
Speaker 2: crunch those numbers. Were you as well? Meantime news next.

643
00:29:56,840 --> 00:30:00,560
Speaker 1: Credible, compelling, the breakfast show you can't bear it's the

644
00:30:00,680 --> 00:30:05,360
Speaker 1: Mic Hosking Breakfast with the Defender embraced the impossible news togs.

645
00:30:05,120 --> 00:30:07,360
Speaker 2: There'd be one seven past seven. So the Foreshore Seabed

646
00:30:07,400 --> 00:30:09,600
Speaker 2: Amendment Bill gone through the House last night. It restores

647
00:30:09,640 --> 00:30:11,280
Speaker 2: the law to what it was originally. Of course sixty

648
00:30:11,320 --> 00:30:13,520
Speaker 2: eight votes to fifty four in the end, essentially reversed.

649
00:30:13,520 --> 00:30:15,920
Speaker 2: It's called an appeal decision that made it easier to claim.

650
00:30:15,920 --> 00:30:19,640
Speaker 2: Paul Goldsmith treating negotiations and Justice Minister with us, good morning,

651
00:30:20,560 --> 00:30:22,880
Speaker 2: Good morning, when your opinion, how angsty has this.

652
00:30:22,920 --> 00:30:26,680
Speaker 20: Been a Look, Look, there's been quite a lot of

653
00:30:27,000 --> 00:30:30,479
Speaker 20: quite strong rhetoric overnight in the last couple of days,

654
00:30:31,080 --> 00:30:36,920
Speaker 20: but overall, look, I think most people recognize that a

655
00:30:36,960 --> 00:30:39,120
Speaker 20: balance was set. I mean, all New Zealanders have got

656
00:30:39,120 --> 00:30:41,000
Speaker 20: an interest in what goes on on the.

657
00:30:41,000 --> 00:30:42,040
Speaker 21: Foreshore and the seabed.

658
00:30:42,320 --> 00:30:46,560
Speaker 20: We all share this country. And so when you move

659
00:30:46,600 --> 00:30:50,560
Speaker 20: away from those basic expectations to the ability as you

660
00:30:50,640 --> 00:30:53,520
Speaker 20: have under this low if you have custom memrine title

661
00:30:53,600 --> 00:30:56,600
Speaker 20: to grant resource consents in an area for certain things

662
00:30:56,640 --> 00:30:59,800
Speaker 20: and a whole lot of quite valuable sort of rights

663
00:31:00,240 --> 00:31:03,840
Speaker 20: that there was a high threshold for that exactly process reduced.

664
00:31:03,520 --> 00:31:07,200
Speaker 21: That threshold and we're restoring it. So that's the purpose.

665
00:31:07,240 --> 00:31:10,320
Speaker 3: And look, I think it makes sense and it is important.

666
00:31:10,520 --> 00:31:12,800
Speaker 2: Do you think that with the rhetoric that we've heard

667
00:31:12,880 --> 00:31:15,400
Speaker 2: in the media in particular, that people it has been

668
00:31:15,440 --> 00:31:17,920
Speaker 2: lost on people that you are merely restoring it to

669
00:31:18,000 --> 00:31:20,040
Speaker 2: what it was. You've not invented anything here, you just

670
00:31:20,080 --> 00:31:21,080
Speaker 2: taking it back to what it was.

671
00:31:21,800 --> 00:31:24,120
Speaker 20: Well, look, I mean people will make all sorts of arguments,

672
00:31:24,160 --> 00:31:31,640
Speaker 20: and yes there's vague statements, rewriting of history and anything

673
00:31:31,680 --> 00:31:37,840
Speaker 20: involving the courts and the judicial process. You know, there's

674
00:31:37,840 --> 00:31:41,000
Speaker 20: always room for arguments. But ultimately that's all we're trying

675
00:31:41,040 --> 00:31:44,280
Speaker 20: to do. We're just trying to have a regime that

676
00:31:44,360 --> 00:31:49,920
Speaker 20: does allow MARI groups to claim and assert their customary rights,

677
00:31:50,240 --> 00:31:53,680
Speaker 20: but set's an appropriate threshold so that we're not dealing

678
00:31:53,720 --> 00:31:56,240
Speaker 20: with one hundred percent of the coastline being in this category,

679
00:31:56,280 --> 00:31:59,000
Speaker 20: which is quite a significant move away from what people

680
00:31:59,040 --> 00:31:59,920
Speaker 20: would normally expect.

681
00:32:00,080 --> 00:32:02,120
Speaker 2: Are you aggrieved at the court over reaching the fact

682
00:32:02,120 --> 00:32:04,840
Speaker 2: you had to do this, Well, we would.

683
00:32:04,640 --> 00:32:06,520
Speaker 20: Have far preferred not to have to have done this.

684
00:32:07,160 --> 00:32:10,040
Speaker 20: But look and when we first introduced this, it was

685
00:32:10,040 --> 00:32:12,560
Speaker 20: the Court of Appeal decision and there were you know,

686
00:32:12,600 --> 00:32:15,360
Speaker 20: there was house of protests from some groups. But then

687
00:32:15,360 --> 00:32:18,160
Speaker 20: of course the Supreme Court agreed with us that the

688
00:32:18,160 --> 00:32:21,440
Speaker 20: Court of Appeal had got it wrong, and then they

689
00:32:21,920 --> 00:32:25,560
Speaker 20: put their own threshold and we ultimately came to the conclusion,

690
00:32:25,560 --> 00:32:28,840
Speaker 20: after much careful thought, that even that their version was

691
00:32:28,880 --> 00:32:33,360
Speaker 20: still not what Parliament had intended. And we've seen a

692
00:32:33,400 --> 00:32:36,560
Speaker 20: couple of cases come through onto that threshold where you know,

693
00:32:37,120 --> 00:32:39,960
Speaker 20: essentially one hundred percent of the coastline in the Kaperty

694
00:32:40,040 --> 00:32:44,720
Speaker 20: area was granted a customer marine title and that certainly

695
00:32:44,800 --> 00:32:45,680
Speaker 20: wasn't the expectation.

696
00:32:46,040 --> 00:32:48,960
Speaker 2: While I've got you your BSA comments yesterday, I thought

697
00:32:49,000 --> 00:32:51,240
Speaker 2: were interesting because they are in direct contrast to what

698
00:32:51,280 --> 00:32:53,520
Speaker 2: the Prime Minister said on Monday, Are you two heading

699
00:32:53,560 --> 00:32:55,920
Speaker 2: for a collision course? No?

700
00:32:55,680 --> 00:33:01,080
Speaker 20: No, look, I mean obviously, as the responsible Minute, I

701
00:33:01,120 --> 00:33:06,760
Speaker 20: cannot interfere or steer particular cases and make.

702
00:33:06,240 --> 00:33:06,880
Speaker 2: Comments on them.

703
00:33:06,920 --> 00:33:09,000
Speaker 20: I think that there's two separate things going on. There's

704
00:33:09,040 --> 00:33:16,040
Speaker 20: the BSA making their extension into the Internet. What are

705
00:33:16,040 --> 00:33:19,040
Speaker 20: we dealing with, Well, internet providers who were doing a

706
00:33:19,080 --> 00:33:22,520
Speaker 20: thing similar to radio, and so there's a couple. There's

707
00:33:22,520 --> 00:33:24,920
Speaker 20: only a very small number of people in that category.

708
00:33:25,480 --> 00:33:27,840
Speaker 20: But there is a much broader discussion to be had,

709
00:33:28,080 --> 00:33:31,640
Speaker 20: given the fact that it's no longer makes obvious sense

710
00:33:31,680 --> 00:33:34,160
Speaker 20: why one group of people would be regulated and others wouldn't.

711
00:33:34,640 --> 00:33:37,280
Speaker 20: If you've got a podcast on politics, for example, that's

712
00:33:37,320 --> 00:33:40,040
Speaker 20: not regulated, but if you've got a radio show, it is.

713
00:33:40,120 --> 00:33:44,400
Speaker 20: And so we already were having a process to review that.

714
00:33:44,440 --> 00:33:46,960
Speaker 20: And there's two basic options. You could try and extend

715
00:33:47,000 --> 00:33:50,920
Speaker 20: the reach of the BSA to covering all things that

716
00:33:50,960 --> 00:33:53,240
Speaker 20: look similar, or you could just get rid of it

717
00:33:53,400 --> 00:33:55,920
Speaker 20: entirely and say, well, the world's moved on. And you

718
00:33:55,920 --> 00:33:57,800
Speaker 20: get rid of it entirely and say the world's moved on,

719
00:33:57,800 --> 00:33:58,880
Speaker 20: it sounds good to me, Well.

720
00:33:58,800 --> 00:34:00,000
Speaker 21: That is one of the options.

721
00:34:00,360 --> 00:34:02,479
Speaker 20: And so we're working our way through through this at

722
00:34:02,520 --> 00:34:05,360
Speaker 20: the moment and we're giving some careful thought to it.

723
00:34:06,040 --> 00:34:07,800
Speaker 20: You know, it was an act that was set up

724
00:34:08,400 --> 00:34:10,799
Speaker 20: in nineteen eighty nine before a whole lot of things

725
00:34:10,800 --> 00:34:14,359
Speaker 20: have happened, and so it's you know, nobody's got round

726
00:34:14,360 --> 00:34:16,240
Speaker 20: to dealing with it, and we are going to deal.

727
00:34:16,120 --> 00:34:17,360
Speaker 2: With it when you're the man. Good start, all right,

728
00:34:17,360 --> 00:34:19,960
Speaker 2: appreciate it. We'll stay and touch Justice Minister Treaty negotiations.

729
00:34:20,000 --> 00:34:22,720
Speaker 2: Minister Paul's Goldsmith with us this morning eleven past seven

730
00:34:23,920 --> 00:34:27,400
Speaker 2: changes to financial markets reporting. A mandatory climate reporting threshold

731
00:34:27,480 --> 00:34:29,120
Speaker 2: is going to go from sixty million to a billion.

732
00:34:29,200 --> 00:34:31,120
Speaker 2: The claim as it costs a fortune to tell us

733
00:34:31,120 --> 00:34:33,480
Speaker 2: about the company's climate ideas and plans and impacts and

734
00:34:33,520 --> 00:34:36,800
Speaker 2: drives away investment. Apparently, Simon Beatty is the inz Exis

735
00:34:36,800 --> 00:34:39,680
Speaker 2: general manager of Cooperative Affairs and Sustainability and as with us,

736
00:34:39,680 --> 00:34:43,279
Speaker 2: Simon morning morning, Mike, call you. I'm well, thank you

737
00:34:43,280 --> 00:34:43,879
Speaker 2: you into this.

738
00:34:45,920 --> 00:34:46,520
Speaker 8: Very pleased.

739
00:34:47,200 --> 00:34:51,920
Speaker 16: These are very practical adjustments to the regia. Man will

740
00:34:51,960 --> 00:34:55,800
Speaker 16: be very welcomed by the listed market community.

741
00:34:56,200 --> 00:34:59,200
Speaker 2: Is it true that I wouldn't invest in something because

742
00:34:59,480 --> 00:35:02,680
Speaker 2: there's too much which Gobbledegoo can report about the climate

743
00:35:02,719 --> 00:35:04,440
Speaker 2: that may or may not be relevant to the company

744
00:35:04,440 --> 00:35:05,000
Speaker 2: I'm looking at.

745
00:35:06,239 --> 00:35:08,000
Speaker 16: Well, I'm not so sure about the ins and outs

746
00:35:08,000 --> 00:35:10,680
Speaker 16: of that, but what I can say around this regime

747
00:35:11,360 --> 00:35:17,200
Speaker 16: is that what we've had is essentially companies that have

748
00:35:17,280 --> 00:35:20,200
Speaker 16: had a market cap of sixty million or more, they

749
00:35:20,200 --> 00:35:24,200
Speaker 16: have had to report that or disclose their emissions, and

750
00:35:24,239 --> 00:35:28,240
Speaker 16: at the same time, their directors have become personally liable

751
00:35:28,640 --> 00:35:31,719
Speaker 16: for those statements and those emissions. And what that has

752
00:35:31,840 --> 00:35:36,359
Speaker 16: meant is that all the time effort and money has

753
00:35:36,440 --> 00:35:43,279
Speaker 16: gone towards protecting directors around forward statements, around risk and

754
00:35:43,320 --> 00:35:49,520
Speaker 16: what's in the statements, rather than actually dealing with reducing emissions, transition,

755
00:35:50,520 --> 00:35:53,560
Speaker 16: et cetera. So that's where the focus has been and

756
00:35:53,760 --> 00:35:57,000
Speaker 16: hopefully these changes will reset and be tilted the balance.

757
00:35:57,160 --> 00:36:01,320
Speaker 2: So it's common sense, very practical.

758
00:36:00,880 --> 00:36:03,840
Speaker 16: And workable, and what we've been pushing for is a

759
00:36:03,880 --> 00:36:06,920
Speaker 16: regime that is right size and workable for New Zealand.

760
00:36:06,960 --> 00:36:09,840
Speaker 2: Fantastic, Simon, appreciate the insight Simon bt inz X with

761
00:36:09,920 --> 00:36:11,959
Speaker 2: us this morning. I mean, I've looked at Enzme's report,

762
00:36:12,000 --> 00:36:14,280
Speaker 2: I look at the report every year, mainly for photos

763
00:36:14,320 --> 00:36:18,000
Speaker 2: for me, but in there, the amount of climate nonsense

764
00:36:18,000 --> 00:36:20,040
Speaker 2: that's in there is unbelievable. I've got no idea what

765
00:36:20,120 --> 00:36:22,040
Speaker 2: enzid me is a broadcasting company, has to do with

766
00:36:22,080 --> 00:36:25,040
Speaker 2: the climate. And I mean, obviously I'm good for the environment.

767
00:36:25,160 --> 00:36:26,640
Speaker 2: I think they state that each year that the my

768
00:36:26,719 --> 00:36:29,080
Speaker 2: costing breakfast has been proven to be good for the environment.

769
00:36:29,360 --> 00:36:31,920
Speaker 2: But apart from that, the amount of energy look at

770
00:36:31,920 --> 00:36:35,080
Speaker 2: the pages and pages, it's absurd. So we've got something

771
00:36:35,120 --> 00:36:38,160
Speaker 2: good happening thirteen past seven, PASKI here's something that's not

772
00:36:38,160 --> 00:36:40,200
Speaker 2: been covered for what reason. I have no idea. We've

773
00:36:40,239 --> 00:36:43,800
Speaker 2: got the first application for offshore oil and gas exploration

774
00:36:43,880 --> 00:36:46,760
Speaker 2: under the government's new regime. So there is somebody ready

775
00:36:46,760 --> 00:36:50,319
Speaker 2: to go in Australian firm they registered two months ago.

776
00:36:50,400 --> 00:36:52,600
Speaker 2: They want five hundred and forty six square kilometers off

777
00:36:52,600 --> 00:36:56,040
Speaker 2: the coast of South Taranaki, third largest petroleum drilling zone

778
00:36:56,040 --> 00:36:58,600
Speaker 2: if granted, so they can specify a zone which they

779
00:36:58,640 --> 00:37:01,680
Speaker 2: have in mining it. What happens now is you've got

780
00:37:01,680 --> 00:37:04,600
Speaker 2: a three month open market window in which other companies

781
00:37:04,640 --> 00:37:07,400
Speaker 2: can apply for permits. Any conflicts are resolved by the

782
00:37:07,440 --> 00:37:10,280
Speaker 2: Minister of Resources. That's mister Jones, of course, Endze Energy

783
00:37:10,280 --> 00:37:13,239
Speaker 2: of the company concerned. They submitted the paperwork October ten,

784
00:37:13,280 --> 00:37:16,680
Speaker 2: approved October sixteen. Other firms now have got till January sixteenth.

785
00:37:16,760 --> 00:37:18,960
Speaker 2: So we're back in business. Where's the headline on this?

786
00:37:19,480 --> 00:37:22,520
Speaker 2: We're back in business and the oil and gas fantastic

787
00:37:22,920 --> 00:37:25,239
Speaker 2: fourteen past the.

788
00:37:25,280 --> 00:37:30,239
Speaker 1: High asking breakfast full show podcast on iHeartRadio powered by Newstalks.

789
00:37:30,280 --> 00:37:32,960
Speaker 2: That'd be still nothing on the dairy auction, by the way,

790
00:37:33,000 --> 00:37:34,719
Speaker 2: I'd love to know what's gone wrong there, because we

791
00:37:34,800 --> 00:37:36,640
Speaker 2: discovered in the early hours of the morning the numbers

792
00:37:36,640 --> 00:37:38,560
Speaker 2: didn't look right, and then they pulled the numbers completely

793
00:37:38,600 --> 00:37:40,480
Speaker 2: because they didn't look right. And we've still got nothing.

794
00:37:40,480 --> 00:37:43,640
Speaker 2: And its material for this country's economy, of course, so

795
00:37:43,680 --> 00:37:45,799
Speaker 2: we'll keep you post At seventeen past seven. Speaking of money,

796
00:37:45,800 --> 00:37:47,839
Speaker 2: another look at Key we say for their impact of

797
00:37:47,880 --> 00:37:49,480
Speaker 2: being able to pull money up for a first home.

798
00:37:49,520 --> 00:37:51,600
Speaker 2: So we got a new report and they say the

799
00:37:51,640 --> 00:37:54,000
Speaker 2: average withdrawal of seventy five grand at thirty five years

800
00:37:54,000 --> 00:37:56,960
Speaker 2: of age should leave enough for a modest retirement by

801
00:37:57,000 --> 00:38:00,279
Speaker 2: sixty five. Clear Matthews, Doctor, Associate Professor at Mass and

802
00:38:00,360 --> 00:38:02,400
Speaker 2: the report author is back? Will this clear? Good morning,

803
00:38:03,520 --> 00:38:06,000
Speaker 2: morning mate. I suppose this is all ideological, isn't it?

804
00:38:06,040 --> 00:38:08,680
Speaker 2: Whether you see housing as a retirement tool, therefore pulling

805
00:38:08,680 --> 00:38:10,960
Speaker 2: it out of another retirement tool really doesn't matter, does it.

806
00:38:12,320 --> 00:38:15,960
Speaker 13: No, that's right. It tends to be a little bit

807
00:38:15,960 --> 00:38:18,319
Speaker 13: easier to manage your retirement if you're in your own home.

808
00:38:18,520 --> 00:38:22,359
Speaker 13: That gives you that stability, and therefore it does make

809
00:38:22,400 --> 00:38:24,480
Speaker 13: sense from that percept that's been about able to use

810
00:38:24,480 --> 00:38:26,120
Speaker 13: your key, we save it to a system. Getting to

811
00:38:26,160 --> 00:38:27,000
Speaker 13: that point, is.

812
00:38:27,040 --> 00:38:30,240
Speaker 2: This emergency thing become an issue? In other words, I'm skinned,

813
00:38:30,320 --> 00:38:32,400
Speaker 2: give me my money back. Is that a problem?

814
00:38:33,280 --> 00:38:35,560
Speaker 13: I think it is. I know a lot of people

815
00:38:35,640 --> 00:38:37,839
Speaker 13: complain about how hard it is to get money out

816
00:38:38,440 --> 00:38:42,520
Speaker 13: for hardship, but given the volume of with falls, either

817
00:38:42,600 --> 00:38:45,160
Speaker 13: it is too easy or as a sign that there

818
00:38:45,280 --> 00:38:49,080
Speaker 13: is really significant problems in the economy, and therefore that

819
00:38:49,160 --> 00:38:51,919
Speaker 13: needs to be resolved. Because having large amounts of money

820
00:38:51,920 --> 00:38:53,440
Speaker 13: coming out of key we save it is not good

821
00:38:53,480 --> 00:38:54,520
Speaker 13: for everyone's retirement.

822
00:38:54,560 --> 00:38:57,560
Speaker 2: What about the overarching thing that everyone keeps messing with it?

823
00:38:57,600 --> 00:38:59,840
Speaker 2: I mean, the government messes with it, We mess with it,

824
00:39:00,040 --> 00:39:02,480
Speaker 2: you know, And the whole idea of retirement saving is

825
00:39:02,520 --> 00:39:04,879
Speaker 2: put away and forget about it, don't mess with it.

826
00:39:05,960 --> 00:39:10,280
Speaker 13: Oh, that's been an ongoing issue. Yes, it's needed some improvements,

827
00:39:10,320 --> 00:39:12,480
Speaker 13: and I'm sorbobly still not quite where we want it,

828
00:39:12,520 --> 00:39:15,640
Speaker 13: which and I hate saying that because the last thing

829
00:39:15,680 --> 00:39:17,800
Speaker 13: we really need is to have it fiddled with again,

830
00:39:17,920 --> 00:39:22,880
Speaker 13: because every time the governments of whatever stripe do something,

831
00:39:22,960 --> 00:39:26,000
Speaker 13: do some kind of adjustment, it just makes people nervous about, well,

832
00:39:26,000 --> 00:39:28,440
Speaker 13: what are they going to do next time? And we

833
00:39:28,520 --> 00:39:31,000
Speaker 13: can't afford people to be nervous about their key we savor.

834
00:39:31,040 --> 00:39:33,000
Speaker 13: We want them to trust it, to know it's going

835
00:39:33,080 --> 00:39:35,839
Speaker 13: to be therefore their retirement and therefore to be able

836
00:39:35,840 --> 00:39:36,719
Speaker 13: to make good use of it.

837
00:39:36,760 --> 00:39:39,080
Speaker 2: Why don't we like Australia they seem to have solved it.

838
00:39:41,400 --> 00:39:43,880
Speaker 13: I can't answer that question, you'd have to ask our politicians.

839
00:39:43,960 --> 00:39:45,440
Speaker 2: No, But if you were looking at a model, if

840
00:39:45,480 --> 00:39:47,799
Speaker 2: I said, clear magic one time, clears in charge of

841
00:39:47,960 --> 00:39:50,800
Speaker 2: solving this problem once overall, wouldn't you say, Australia or

842
00:39:50,800 --> 00:39:53,880
Speaker 2: Singapore make it compulsory, expercent get into it, stop moaning

843
00:39:53,880 --> 00:39:55,520
Speaker 2: and we'll see in twenty years.

844
00:39:56,200 --> 00:39:58,160
Speaker 13: There are any elements of that. I'm not sure I'd

845
00:39:58,160 --> 00:40:00,759
Speaker 13: want to follow the Australian model completely, but there are

846
00:40:00,760 --> 00:40:03,239
Speaker 13: certainly elements there. I'd like to see us with higher

847
00:40:03,600 --> 00:40:06,759
Speaker 13: contribution rates if i'd like to set it compulsory. So

848
00:40:06,880 --> 00:40:08,839
Speaker 13: there are certainly some things there. I just wouldn't take

849
00:40:08,840 --> 00:40:10,319
Speaker 13: the Australian role as a whole.

850
00:40:10,520 --> 00:40:12,520
Speaker 2: Nice to talk to you, clear, Claire Matthews. The old key,

851
00:40:12,560 --> 00:40:15,520
Speaker 2: we save it debate, it never stops. Goldsmith's got problems.

852
00:40:15,840 --> 00:40:18,440
Speaker 2: So here's what my reference to Goldsmith was. He was

853
00:40:18,480 --> 00:40:21,400
Speaker 2: busy yesterday saying there are some things that look like radio,

854
00:40:21,480 --> 00:40:23,960
Speaker 2: some things that don't look like radio. So if he's

855
00:40:23,960 --> 00:40:25,600
Speaker 2: going to make a call on the BSA and what

856
00:40:25,719 --> 00:40:28,000
Speaker 2: sort of intrusion into our lives they're going to be

857
00:40:28,000 --> 00:40:33,200
Speaker 2: allowed to have? Where's the line? Because yes, something online,

858
00:40:33,360 --> 00:40:38,440
Speaker 2: the mechanism of transmission is different, but what looks like radio?

859
00:40:39,239 --> 00:40:42,760
Speaker 2: And why doesn't some rabbid nut job on the internet

860
00:40:42,800 --> 00:40:45,759
Speaker 2: doing a podcast potentially look like radio? And if they

861
00:40:45,760 --> 00:40:48,360
Speaker 2: look like radio, why aren't they covered? Or do you

862
00:40:48,480 --> 00:40:51,840
Speaker 2: just say this is a Pandora's box, So let's just

863
00:40:51,880 --> 00:40:54,760
Speaker 2: flag it in everyone to themselves. Big Call seven.

864
00:40:57,400 --> 00:41:00,719
Speaker 1: The Mike Asking Breakfast Full Show podcast. It's on a

865
00:41:00,920 --> 00:41:03,280
Speaker 1: hard radio how it by News Talk Sippy.

866
00:41:05,239 --> 00:41:07,920
Speaker 2: Now. When it comes to performance and recovery, Chemist Warehouse

867
00:41:07,960 --> 00:41:11,360
Speaker 2: got you covered this October unbeatable savings on leading sports nutrition.

868
00:41:11,480 --> 00:41:13,719
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869
00:41:13,719 --> 00:41:16,120
Speaker 2: We've got the Masashi Protein Powder of nine hundred grams.

870
00:41:16,440 --> 00:41:18,520
Speaker 2: It's packed with the quality protein now just fifty two

871
00:41:18,600 --> 00:41:20,479
Speaker 2: ninety nine. You can support your body before and after

872
00:41:20,520 --> 00:41:23,960
Speaker 2: the exercise because we've got the balanced plant protein one kg,

873
00:41:24,160 --> 00:41:26,160
Speaker 2: the plant based choice for only forty nine ninety nine.

874
00:41:26,200 --> 00:41:29,640
Speaker 2: This is at Chemist Warehouse. You keep hydrated while replacing

875
00:41:29,640 --> 00:41:32,400
Speaker 2: the central electrolytes very important with the i inc Sports

876
00:41:32,400 --> 00:41:36,239
Speaker 2: Electrolyte Hydrator four hundred grams now just twenty nine ninety nine.

877
00:41:36,320 --> 00:41:38,000
Speaker 2: So whether you're training hard or just looking to stay

878
00:41:38,040 --> 00:41:40,000
Speaker 2: active and healthy, you're going to find the right fuel

879
00:41:40,120 --> 00:41:42,480
Speaker 2: at Chemist Warehouse for less. But you don't want to wait.

880
00:41:43,000 --> 00:41:45,919
Speaker 2: These particular savings incredible October savings will not last. They're

881
00:41:45,920 --> 00:41:47,680
Speaker 2: only available until the end of the month twenty ninth

882
00:41:47,680 --> 00:41:50,960
Speaker 2: to October in store, yes, online, Yes, click and collect

883
00:41:51,000 --> 00:41:52,880
Speaker 2: if you want to save time and enjoy fast delivery

884
00:41:53,000 --> 00:41:55,000
Speaker 2: straight to you it or but this is Chemist Warehouse

885
00:41:55,239 --> 00:41:57,919
Speaker 2: where you will find, of course great savings every day.

886
00:41:58,960 --> 00:42:01,799
Speaker 2: Pos skiing seven twenty five for our default futility or

887
00:42:01,840 --> 00:42:05,400
Speaker 2: our default too futility worries me at the moment. I

888
00:42:05,440 --> 00:42:07,200
Speaker 2: mean the same sort of thing as think about this

889
00:42:07,200 --> 00:42:10,040
Speaker 2: over the weekend, you know, the No Kings march in America.

890
00:42:10,080 --> 00:42:12,440
Speaker 2: I mean, what actually is the point? Think about it

891
00:42:12,440 --> 00:42:14,240
Speaker 2: and tomorrow is going to be another one. What actually

892
00:42:14,320 --> 00:42:17,839
Speaker 2: is the point of waving placards or in the boom

893
00:42:17,920 --> 00:42:20,319
Speaker 2: the bill case lighting fires on beaches. The bill they

894
00:42:20,320 --> 00:42:22,160
Speaker 2: want to burn, as we've just been discussing, is the

895
00:42:22,160 --> 00:42:24,880
Speaker 2: Marine and Coastalaria Amendment Bill. The amendment part is the

896
00:42:24,880 --> 00:42:27,080
Speaker 2: bit where it's being returned to what it was. It

897
00:42:27,080 --> 00:42:29,280
Speaker 2: got messed up with court, as you've just heard Paul explain,

898
00:42:29,320 --> 00:42:31,960
Speaker 2: given the courts are increasingly interventionists and all that's happening

899
00:42:31,960 --> 00:42:34,160
Speaker 2: in the law, it's being returned to what it was.

900
00:42:34,520 --> 00:42:36,920
Speaker 2: And what it was is have you had ongoing access

901
00:42:36,920 --> 00:42:39,280
Speaker 2: to the bit of water or coastline since the eighteen hundreds,

902
00:42:39,400 --> 00:42:40,960
Speaker 2: and if you haven't, you might not have an argument.

903
00:42:41,000 --> 00:42:43,520
Speaker 2: That's it. It is of course all anngsty because it's

904
00:42:43,560 --> 00:42:46,320
Speaker 2: all race based. David Seymour I know yesterday called the

905
00:42:46,400 --> 00:42:50,160
Speaker 2: lighting of fires on the beach unenlightened and anti intellectual,

906
00:42:50,840 --> 00:42:53,040
Speaker 2: and I thought he's probably a mixture of being right

907
00:42:53,520 --> 00:42:56,799
Speaker 2: and I suspect slightly antagonistic. But here's my question, to

908
00:42:56,840 --> 00:42:59,640
Speaker 2: what point, to what end? I mean, I get it

909
00:42:59,680 --> 00:43:01,600
Speaker 2: there are the those who are exercised and don't like it.

910
00:43:01,640 --> 00:43:04,319
Speaker 2: I get that fair enough, But guess what Lighting a

911
00:43:04,320 --> 00:43:06,320
Speaker 2: fire at a beach isn't going to change it? Clearly

912
00:43:06,640 --> 00:43:08,840
Speaker 2: are the petition they had one of those two twenty

913
00:43:08,840 --> 00:43:12,239
Speaker 2: thousand signatures. It's not even a big petition. Seventy six

914
00:43:12,320 --> 00:43:15,440
Speaker 2: thousand people signed one to stop me hosting the election

915
00:43:15,480 --> 00:43:18,279
Speaker 2: debates on television back in twenty seventeen. If seventy six

916
00:43:18,360 --> 00:43:20,879
Speaker 2: thousand doesn't stop a television host, twenty thousand doesn't stop

917
00:43:20,880 --> 00:43:24,200
Speaker 2: a law. Clearly, Trump won the election in America easily.

918
00:43:24,560 --> 00:43:27,120
Speaker 2: He's doing nothing he said he wouldn't do. Now, yes,

919
00:43:27,160 --> 00:43:30,759
Speaker 2: it's mad and unhinged if you don't like him, but

920
00:43:30,800 --> 00:43:32,560
Speaker 2: he's doing it because he's got the support of enough

921
00:43:32,600 --> 00:43:35,120
Speaker 2: people to do it. The same way this government is

922
00:43:35,120 --> 00:43:38,359
Speaker 2: amending law because they said they would and they won

923
00:43:38,400 --> 00:43:41,680
Speaker 2: the election. We must always, of course, retain the right

924
00:43:41,719 --> 00:43:44,520
Speaker 2: to protest unless it's actually over the Auckland Harbor Bridge.

925
00:43:44,520 --> 00:43:47,520
Speaker 2: I hate that, but that's about geographics, not right but protest.

926
00:43:47,680 --> 00:43:50,640
Speaker 2: I think Losers has lost a lot of its impact

927
00:43:50,640 --> 00:43:53,640
Speaker 2: because it's become a habit, it's a default, it's the

928
00:43:53,680 --> 00:43:56,000
Speaker 2: pastime of the board and the obsessed. It's become a

929
00:43:56,040 --> 00:43:59,560
Speaker 2: cottage industry. If we put the same energy into productive outcomes,

930
00:43:59,560 --> 00:44:02,560
Speaker 2: this country could be amazing. So you lit a fire

931
00:44:02,600 --> 00:44:05,319
Speaker 2: on a beach last night, how'd that work out for you?

932
00:44:05,960 --> 00:44:09,640
Speaker 2: Asking my great news on oil and gas exploration rebirth.

933
00:44:09,800 --> 00:44:11,759
Speaker 2: Next step, the most important one is to keep the

934
00:44:11,840 --> 00:44:14,760
Speaker 2: Muppet coalition away from the Treasury benches next year. While Stephen,

935
00:44:14,760 --> 00:44:16,359
Speaker 2: the problem with that is, of course they did right

936
00:44:16,400 --> 00:44:19,080
Speaker 2: to Hipkins and ask about the sort of this cross

937
00:44:19,120 --> 00:44:21,880
Speaker 2: party thing, and they got nowhere with it, so that

938
00:44:21,960 --> 00:44:24,000
Speaker 2: will be an election year. And I note also that

939
00:44:24,320 --> 00:44:27,040
Speaker 2: the foreshore, as I mentioned earlier on in the program,

940
00:44:27,120 --> 00:44:30,799
Speaker 2: for the years they were in power seventeen through twenty three,

941
00:44:31,600 --> 00:44:34,080
Speaker 2: where the law was the same as twenty eleven, they

942
00:44:34,120 --> 00:44:36,040
Speaker 2: didn't do anything about it because they didn't seem remotely

943
00:44:36,080 --> 00:44:37,920
Speaker 2: exercised about it. Now, all of a sudden, because this

944
00:44:37,960 --> 00:44:40,000
Speaker 2: government's done something like put it back to where it was.

945
00:44:40,480 --> 00:44:43,360
Speaker 2: They're going to repeal that, are they? So they seemingly

946
00:44:43,400 --> 00:44:45,680
Speaker 2: make it up as they go along. There we come

947
00:44:45,719 --> 00:44:48,439
Speaker 2: to Duncan web what happened with him? So Duncan web

948
00:44:48,520 --> 00:44:49,680
Speaker 2: yesday and a lot of you are going to go

949
00:44:49,680 --> 00:44:53,200
Speaker 2: who Duncan's been a MP for nine years in christ Church?

950
00:44:53,480 --> 00:44:56,160
Speaker 2: Christ Church Central or the nice bits of Christchurch where

951
00:44:56,200 --> 00:44:59,000
Speaker 2: I come from, Saint Albans, Marie haw Linwood, that's Christchurch

952
00:44:59,040 --> 00:45:03,279
Speaker 2: Central for you. Anyway, Duncan's quitting and he wants to

953
00:45:03,320 --> 00:45:07,440
Speaker 2: go off quote unquote adventuring. He's quitting to go adventuring.

954
00:45:08,160 --> 00:45:10,160
Speaker 2: Now is that a guy running from sinking ship? Or

955
00:45:10,160 --> 00:45:13,200
Speaker 2: what I mean? You don't quit a job to go adventuring.

956
00:45:14,080 --> 00:45:16,719
Speaker 2: I mean as they haven't sacked them, they can't sack them.

957
00:45:17,320 --> 00:45:19,560
Speaker 2: So why is he leaving after such a short period

958
00:45:19,600 --> 00:45:20,640
Speaker 2: of time. It's not like he's been there for one

959
00:45:20,680 --> 00:45:26,240
Speaker 2: hundred years, been there for nine to go adventuring? Something

960
00:45:26,280 --> 00:45:26,920
Speaker 2: doesn't add up.

961
00:45:26,960 --> 00:45:30,120
Speaker 3: It's no fluff, just facts and fierce debate.

962
00:45:30,280 --> 00:45:33,840
Speaker 1: The Mic Hosking Breakfast with Bailey's real Estate finding the

963
00:45:33,880 --> 00:45:35,920
Speaker 1: buyers others can't use togs head b.

964
00:45:36,120 --> 00:45:40,360
Speaker 2: Tom Holman, who's one of Trump's men, he's the boarders,

965
00:45:41,360 --> 00:45:43,080
Speaker 2: and he's been accused of We've never got to the

966
00:45:43,080 --> 00:45:45,359
Speaker 2: bottom of it, but he apparently was given a bag

967
00:45:45,680 --> 00:45:48,600
Speaker 2: containing fifty thousand dollars cash. That's the great Tom Holman's story.

968
00:45:49,360 --> 00:45:51,719
Speaker 2: So he's just tweeted out, xed out, whatever you want

969
00:45:51,719 --> 00:45:53,719
Speaker 2: to call it. I never took any fifty thousand dollars

970
00:45:53,760 --> 00:45:56,080
Speaker 2: from whatever you're talking about. This This is on his

971
00:45:56,120 --> 00:45:58,279
Speaker 2: account this morning. I never took any fifty thousand dollars

972
00:45:58,320 --> 00:46:00,840
Speaker 2: from whatever you're talking about. I also never took the

973
00:46:00,840 --> 00:46:05,400
Speaker 2: fifty thousand dollars your wife offered me last night. So

974
00:46:05,480 --> 00:46:07,640
Speaker 2: obviously there's something going on with the trolling in the

975
00:46:07,640 --> 00:46:10,160
Speaker 2: White House administration at the moment, because Levitt was out

976
00:46:10,200 --> 00:46:13,520
Speaker 2: there yesterday saying your mother, your mom. So some guy

977
00:46:14,600 --> 00:46:17,160
Speaker 2: asked some questions about the Buddhapest thing, which is off

978
00:46:17,160 --> 00:46:20,360
Speaker 2: now anyway going. Did Trump ever think about the imperence

979
00:46:20,400 --> 00:46:23,520
Speaker 2: of Budapest and what it means to the Ukrainians and

980
00:46:23,560 --> 00:46:25,719
Speaker 2: the You need to know about history, but don't worry

981
00:46:25,719 --> 00:46:29,239
Speaker 2: about it. Who who decided Budapest was the place? And

982
00:46:29,280 --> 00:46:34,200
Speaker 2: she tweets back, your mom anyway, So I don't know

983
00:46:34,200 --> 00:46:36,239
Speaker 2: what the drilling on the East Wings getting from twenty

984
00:46:36,239 --> 00:46:41,000
Speaker 2: two minutes away from Ace not once. Now government crackdown

985
00:46:41,080 --> 00:46:44,000
Speaker 2: on crime appears to be paying major dividends. By the way,

986
00:46:44,040 --> 00:46:45,759
Speaker 2: Mark's backwood us. He's out of hospital. He's been in

987
00:46:45,760 --> 00:46:47,320
Speaker 2: a hospital. He's been in hospital quite a lot. And

988
00:46:47,719 --> 00:46:50,600
Speaker 2: I don't think I'm breaking any secrets and telling you that.

989
00:46:50,640 --> 00:46:52,799
Speaker 2: But he's out and he's good and he's back for

990
00:46:52,840 --> 00:46:55,120
Speaker 2: Jinny Aupter eight o'clock. Now, the government's crackdown on crime

991
00:46:55,120 --> 00:46:57,720
Speaker 2: appears to be paying major dividends. We've got a sixteen

992
00:46:57,760 --> 00:47:00,640
Speaker 2: percent reduction and serious and persistent offending for young people now.

993
00:47:00,640 --> 00:47:03,360
Speaker 2: The target, if you remember, was fifteen percent by twenty

994
00:47:03,440 --> 00:47:06,560
Speaker 2: twenty nine, so they've beaten it by four years. Karen Shaws,

995
00:47:06,560 --> 00:47:08,560
Speaker 2: the Minister for Children and is back with us. Karen,

996
00:47:08,600 --> 00:47:09,440
Speaker 2: very good morning.

997
00:47:09,160 --> 00:47:11,040
Speaker 3: To you morning.

998
00:47:11,080 --> 00:47:12,319
Speaker 18: How's it going very well?

999
00:47:12,360 --> 00:47:14,440
Speaker 2: Indeed, are you four years early because you made up

1000
00:47:14,440 --> 00:47:16,600
Speaker 2: some random number to make yourself look good or is

1001
00:47:16,640 --> 00:47:18,520
Speaker 2: this actually really good news?

1002
00:47:19,160 --> 00:47:22,239
Speaker 22: This is actually really good news. We've been tracking it

1003
00:47:22,640 --> 00:47:27,360
Speaker 22: quite closely and making sure that this is a trend

1004
00:47:27,480 --> 00:47:30,200
Speaker 22: of going down and it's not just a blip, and

1005
00:47:30,239 --> 00:47:33,160
Speaker 22: now we know for sure at the sixteen percent mark,

1006
00:47:33,239 --> 00:47:35,720
Speaker 22: we know for sure that we're on the right track.

1007
00:47:36,280 --> 00:47:40,239
Speaker 22: It's heading downwards, and this represents less victims in our community.

1008
00:47:40,320 --> 00:47:43,600
Speaker 22: Mic So it's a positive for everyone, each and every

1009
00:47:43,600 --> 00:47:46,080
Speaker 22: one of these young people that's no longer offending. It

1010
00:47:46,120 --> 00:47:48,839
Speaker 22: is no longer hurting or harming someone in our community.

1011
00:47:49,280 --> 00:47:52,239
Speaker 22: The harm is no less painful for the victim. If

1012
00:47:52,239 --> 00:47:54,879
Speaker 22: it's a fourteen year old or a twenty five year old,

1013
00:47:54,960 --> 00:47:57,920
Speaker 22: callting that harm. And so we're seeing a clear message

1014
00:47:58,080 --> 00:48:00,839
Speaker 22: that this is not okay. That's getting out there.

1015
00:48:01,040 --> 00:48:03,200
Speaker 2: How have you done it? And with who? I mean,

1016
00:48:03,239 --> 00:48:06,600
Speaker 2: why are they not reoffending? All of a sudden, some

1017
00:48:06,760 --> 00:48:07,520
Speaker 2: of its.

1018
00:48:07,840 --> 00:48:11,520
Speaker 22: Young people no longer believe that they can avoid this accountability.

1019
00:48:12,080 --> 00:48:16,279
Speaker 22: I'm hearing it all across our communities that they know

1020
00:48:16,440 --> 00:48:20,200
Speaker 22: that there's going to be consequences as the court. Other

1021
00:48:20,320 --> 00:48:24,719
Speaker 22: parts of it are better coordination between courts, autootamariki and police.

1022
00:48:25,120 --> 00:48:27,200
Speaker 22: And then we've taken some of the learnings from the

1023
00:48:27,360 --> 00:48:32,160
Speaker 22: military style academy pilot and put better investment into transitional

1024
00:48:32,239 --> 00:48:35,759
Speaker 22: support for young offenders coming out of youth justice. And

1025
00:48:35,840 --> 00:48:38,839
Speaker 22: we're investing in a number of safety and quality improvements

1026
00:48:38,880 --> 00:48:42,640
Speaker 22: to facilities and youth justice residences. So there's a lot

1027
00:48:42,640 --> 00:48:45,319
Speaker 22: of work that's been going on in the background all

1028
00:48:45,360 --> 00:48:49,600
Speaker 22: around rehabilitation and making sure we're helping these young people

1029
00:48:49,960 --> 00:48:52,480
Speaker 22: be the best versions of themselves. This is good for

1030
00:48:52,520 --> 00:48:54,520
Speaker 22: them and it's good for our community.

1031
00:48:54,880 --> 00:48:58,080
Speaker 2: So sixteen percent is that low hanging fruit? Is there

1032
00:48:58,120 --> 00:48:59,520
Speaker 2: more where this came from?

1033
00:49:00,280 --> 00:49:00,440
Speaker 23: Oh?

1034
00:49:00,520 --> 00:49:03,440
Speaker 22: Absolutely, We're not going to stop here. This is just

1035
00:49:04,040 --> 00:49:09,239
Speaker 22: really we're We're on the trajectory of tackling this and

1036
00:49:09,320 --> 00:49:11,520
Speaker 22: I'm really proud of the work that has been done

1037
00:49:11,920 --> 00:49:15,880
Speaker 22: by the teams across all our agencies to accomplish this.

1038
00:49:16,320 --> 00:49:18,200
Speaker 2: Fantastic Karen, good to catch up with you appreciate it

1039
00:49:18,280 --> 00:49:20,520
Speaker 2: very much, Karen. Your sixteen percent reduction. They said they

1040
00:49:20,600 --> 00:49:22,719
Speaker 2: do fifteen by twenty twenty nine. They've done sixteen by

1041
00:49:22,760 --> 00:49:25,479
Speaker 2: twenty twenty five. Cann't argue with that. Can You're twenty

1042
00:49:25,480 --> 00:49:29,040
Speaker 2: minutes away from eight? Excuse me your Vance and witcough.

1043
00:49:29,080 --> 00:49:30,560
Speaker 2: I like Vance the more I look at him, and

1044
00:49:30,600 --> 00:49:32,640
Speaker 2: you forget the politics I'm just talking about. He seems

1045
00:49:32,640 --> 00:49:35,799
Speaker 2: an articulate guy. He's got some energy. I don't know

1046
00:49:35,800 --> 00:49:37,919
Speaker 2: how they're going to handle the Vance v. Rubio thing

1047
00:49:38,000 --> 00:49:40,080
Speaker 2: come twenty twenty eight. I mean, I know that Rubio

1048
00:49:40,120 --> 00:49:42,040
Speaker 2: wants to run, but you know Vance is the VP

1049
00:49:42,160 --> 00:49:44,680
Speaker 2: and he would get first, go as far as I

1050
00:49:44,680 --> 00:49:46,360
Speaker 2: can work out. Anyways, he's in the Middle East and

1051
00:49:46,400 --> 00:49:48,960
Speaker 2: he's talking about being optimistic and you do hard things. No,

1052
00:49:49,040 --> 00:49:51,400
Speaker 2: I sort of, you know, I like that. Anyway, Witkoff

1053
00:49:51,480 --> 00:49:53,080
Speaker 2: is there. If you want to read something really good,

1054
00:49:53,080 --> 00:49:54,880
Speaker 2: though you know it's all going to end up in

1055
00:49:54,960 --> 00:49:58,000
Speaker 2: tears because we've been here a million times before. As

1056
00:49:58,080 --> 00:49:59,879
Speaker 2: much as you want to listen to Vance and go yeah,

1057
00:50:00,040 --> 00:50:02,399
Speaker 2: I hope it works, wouldn't it be cooled? This would

1058
00:50:02,400 --> 00:50:05,600
Speaker 2: be amazing. It's not. You know, it's not you're watching.

1059
00:50:05,840 --> 00:50:08,840
Speaker 2: Go watch the videos of her mass with their iron

1060
00:50:08,920 --> 00:50:11,799
Speaker 2: bars this morning, beating the shit out of the average Palestinian,

1061
00:50:11,880 --> 00:50:15,640
Speaker 2: smacking them to pieces. I mean, it's just as it's medieval,

1062
00:50:16,280 --> 00:50:19,279
Speaker 2: and that doesn't stop just because somebody rolled in in

1063
00:50:19,440 --> 00:50:22,120
Speaker 2: Air Force one and said, guys, it's off. It doesn't

1064
00:50:22,120 --> 00:50:23,920
Speaker 2: work that way. And if you want to read a

1065
00:50:23,960 --> 00:50:26,200
Speaker 2: very good piece Sydney Morning Herald a couple of days

1066
00:50:26,200 --> 00:50:29,239
Speaker 2: ago under the headline Greatest reason Gar's War will not

1067
00:50:29,520 --> 00:50:33,560
Speaker 2: end why her mass isn't going anywhere?

1068
00:50:33,920 --> 00:50:37,719
Speaker 1: Eighteen to two The My Casting Breakfast, a full show

1069
00:50:37,760 --> 00:50:39,640
Speaker 1: podcast on iHeartRadio.

1070
00:50:39,880 --> 00:50:40,960
Speaker 3: Now it by news Talks.

1071
00:50:41,000 --> 00:50:44,200
Speaker 2: It'd be I had no idea Ikea have brought up

1072
00:50:44,200 --> 00:50:46,120
Speaker 2: so much forestry in New Zealand? Did you know that?

1073
00:50:46,800 --> 00:50:49,200
Speaker 2: And we're in the Herald's coverage now. No one has

1074
00:50:49,200 --> 00:50:52,160
Speaker 2: covered the opening of Ikea like the Herald. They, to

1075
00:50:52,280 --> 00:50:54,680
Speaker 2: my last count, have run three eight hundred and forty

1076
00:50:54,680 --> 00:50:57,160
Speaker 2: two stories about the pendic opening of the Ikea store,

1077
00:50:57,640 --> 00:50:59,480
Speaker 2: and yet never once had they talked about the forestry

1078
00:50:59,480 --> 00:51:02,400
Speaker 2: purchase going on with the goodness say just asking anyway.

1079
00:51:02,400 --> 00:51:03,839
Speaker 2: I'll come back to the numbers later. What I'm more

1080
00:51:03,880 --> 00:51:06,080
Speaker 2: interested in talking to you about for a moment is

1081
00:51:06,120 --> 00:51:10,960
Speaker 2: the is the web Duncan? So, I'm am I weird?

1082
00:51:11,120 --> 00:51:14,640
Speaker 2: Is my opening question here? Don't answer that. So I

1083
00:51:14,880 --> 00:51:17,200
Speaker 2: started out and I wanted to do something with my life,

1084
00:51:17,200 --> 00:51:19,160
Speaker 2: and I thought, I know, this radio thing sounds quite fun.

1085
00:51:19,160 --> 00:51:21,040
Speaker 2: I'll give that a crack anyway. Turns out all right,

1086
00:51:21,160 --> 00:51:23,279
Speaker 2: doesn't it? Really? Forty five years and counting on it,

1087
00:51:23,280 --> 00:51:28,000
Speaker 2: it's worked out reasonably well. Duncan's a lawyer, and so

1088
00:51:28,160 --> 00:51:30,360
Speaker 2: there's nothing wrong with being a lawyer. Maybe he got bored,

1089
00:51:30,360 --> 00:51:32,759
Speaker 2: I don't know. But then the politics came along and

1090
00:51:32,800 --> 00:51:34,920
Speaker 2: so he got given a plump seat christ Urge Central

1091
00:51:34,960 --> 00:51:37,960
Speaker 2: broadly speaking, christ Chutch as a labor town for reasons

1092
00:51:38,040 --> 00:51:41,440
Speaker 2: best known to itself anyway, christ Church Central. So there

1093
00:51:41,520 --> 00:51:43,040
Speaker 2: was christyurt Central. By the way, if you don't know,

1094
00:51:43,120 --> 00:51:45,000
Speaker 2: is the seat of Palmer is the seat of Delzel.

1095
00:51:46,000 --> 00:51:48,319
Speaker 2: So he's given the plumb seat. He's a lawyer, goes right,

1096
00:51:48,920 --> 00:51:50,920
Speaker 2: give politics ago, this will be fine. Now, there's nothing

1097
00:51:50,960 --> 00:51:53,680
Speaker 2: wrong with that. No, he's clearly worked out after three terms,

1098
00:51:54,520 --> 00:51:57,160
Speaker 2: and I would think, and this is my rats running

1099
00:51:57,200 --> 00:52:00,399
Speaker 2: from a sinking ship scenario, I would be thinking either

1100
00:52:00,440 --> 00:52:02,080
Speaker 2: at the moment, thinking we stand a pretty good chance

1101
00:52:02,160 --> 00:52:03,640
Speaker 2: of getting back to government next to you looking at

1102
00:52:03,640 --> 00:52:05,440
Speaker 2: the polls, or he's thinking, we don't stand a hope

1103
00:52:05,480 --> 00:52:06,919
Speaker 2: in hell, because I know a whole bunch of stuff

1104
00:52:06,920 --> 00:52:09,719
Speaker 2: about the Labor Party. You guys don't, and we don't

1105
00:52:09,760 --> 00:52:11,680
Speaker 2: stand a chance of getting back.

1106
00:52:11,719 --> 00:52:13,160
Speaker 19: So or he knows all the stuff that we do

1107
00:52:13,280 --> 00:52:14,040
Speaker 19: know about them.

1108
00:52:14,200 --> 00:52:16,399
Speaker 2: Maybe he does, and he's worked out they're not coming back,

1109
00:52:16,840 --> 00:52:18,440
Speaker 2: so he wants to go and do something else. But

1110
00:52:18,520 --> 00:52:20,680
Speaker 2: at his stage of life, having been a lawyer and

1111
00:52:20,719 --> 00:52:23,480
Speaker 2: then having been a politician after three short terms and

1112
00:52:23,600 --> 00:52:25,919
Speaker 2: two of which have been in government, and that would

1113
00:52:25,920 --> 00:52:27,680
Speaker 2: be the period of time in which you'd think, right,

1114
00:52:27,840 --> 00:52:30,680
Speaker 2: I can do some stuff being a cabinet minister. I

1115
00:52:30,719 --> 00:52:33,200
Speaker 2: can change stuff, I can fix stuff, I can make

1116
00:52:33,239 --> 00:52:36,280
Speaker 2: some law. I can make a contribution that will last

1117
00:52:36,400 --> 00:52:39,120
Speaker 2: or stand the test of time. Why then do you

1118
00:52:39,160 --> 00:52:42,560
Speaker 2: give that up? Or is it just some people go

1119
00:52:42,640 --> 00:52:45,200
Speaker 2: I'll do this and then I'll do that. And he's

1120
00:52:45,280 --> 00:52:47,840
Speaker 2: quit yesterday with no idea what he's going to do,

1121
00:52:47,880 --> 00:52:49,960
Speaker 2: and he said those classic words, I think I've got

1122
00:52:50,000 --> 00:52:52,600
Speaker 2: something left in me. I think I've got one more

1123
00:52:52,719 --> 00:52:56,120
Speaker 2: job left in me. I'm thinking, what is that job, Duncan,

1124
00:52:56,160 --> 00:52:57,680
Speaker 2: What is it you're going to do? You're going back

1125
00:52:57,719 --> 00:53:00,640
Speaker 2: to law, You're going back to do something completely different.

1126
00:53:00,680 --> 00:53:02,640
Speaker 2: I mean he's off adventuring now and a bit of hiking,

1127
00:53:02,680 --> 00:53:04,480
Speaker 2: bit of skiing, which is fun, but that gets boring

1128
00:53:04,520 --> 00:53:07,120
Speaker 2: after a while. So what's he going to do? And

1129
00:53:07,280 --> 00:53:09,279
Speaker 2: I just can't work out. Are there people? This is

1130
00:53:09,320 --> 00:53:12,880
Speaker 2: my main question to you. Are there people who simply

1131
00:53:12,960 --> 00:53:15,600
Speaker 2: go through life? And I'm not talking just about jobs

1132
00:53:16,080 --> 00:53:18,200
Speaker 2: like I worked at the dairy, and then I milked

1133
00:53:18,239 --> 00:53:21,160
Speaker 2: some cows and then I drove a truck. I'm talking

1134
00:53:21,160 --> 00:53:24,399
Speaker 2: about careers. I was a lawyer, I was an MP,

1135
00:53:24,680 --> 00:53:27,400
Speaker 2: and now I'm going to do career wise something completely different.

1136
00:53:27,480 --> 00:53:31,520
Speaker 2: Are there people like that or see I find that unusual.

1137
00:53:31,560 --> 00:53:33,160
Speaker 2: I don't think there are many people like that. And

1138
00:53:33,200 --> 00:53:35,279
Speaker 2: there are more people like me who got into something

1139
00:53:35,320 --> 00:53:37,800
Speaker 2: because they wanted to get into it and have thoroughly

1140
00:53:37,880 --> 00:53:40,520
Speaker 2: enjoyed the experience, and that will be their lot.

1141
00:53:40,880 --> 00:53:42,560
Speaker 19: I mean, all I've ever wanted to do.

1142
00:53:42,560 --> 00:53:45,200
Speaker 2: Is retire, and you haven't even done that.

1143
00:53:45,600 --> 00:53:49,839
Speaker 19: I'm not fifty eight yet. Like Duncan is, maybe he's but.

1144
00:53:49,800 --> 00:53:52,080
Speaker 2: He's not going to retire. He's got one more thing.

1145
00:53:52,080 --> 00:53:53,839
Speaker 19: Lead he thinks maybe he has so.

1146
00:53:53,920 --> 00:53:55,680
Speaker 2: But when you get to fifty eight, if I said

1147
00:53:55,680 --> 00:53:57,680
Speaker 2: to you, do you have one more thing left in

1148
00:53:57,680 --> 00:53:58,799
Speaker 2: your glenn, you'd go no.

1149
00:53:59,160 --> 00:54:03,839
Speaker 19: Correct, yeah, only not even sure. I've got tomorrow left

1150
00:54:03,880 --> 00:54:04,080
Speaker 19: in me.

1151
00:54:04,920 --> 00:54:07,520
Speaker 2: I think we've already concluded that. Eleven away from eight

1152
00:54:08,560 --> 00:54:09,240
Speaker 2: the mic.

1153
00:54:09,120 --> 00:54:12,160
Speaker 3: Honking, Breakfast with the Defender and use Tom deed b.

1154
00:54:11,960 --> 00:54:13,840
Speaker 2: But way away from it insight into our view of

1155
00:54:13,880 --> 00:54:16,880
Speaker 2: the public sector. The Ombudsman annual report shows a record

1156
00:54:16,880 --> 00:54:20,080
Speaker 2: eighty one hundred and sixty three official information at complaints,

1157
00:54:20,239 --> 00:54:22,480
Speaker 2: that is a thirty percent increase. They also got two

1158
00:54:22,520 --> 00:54:25,480
Speaker 2: hundred and seventy eight protected disclosures under the whistleblower law.

1159
00:54:25,520 --> 00:54:28,040
Speaker 2: That's up twenty six percent. John Allen is the chief

1160
00:54:28,040 --> 00:54:31,440
Speaker 2: hombardsman as with us. John Morning, Morning, Mike Ka. I'm

1161
00:54:31,520 --> 00:54:33,040
Speaker 2: very well. Indeed, you haven't been in the job long,

1162
00:54:33,080 --> 00:54:34,120
Speaker 2: have you no?

1163
00:54:34,280 --> 00:54:35,120
Speaker 23: About six months?

1164
00:54:35,120 --> 00:54:35,279
Speaker 21: Now?

1165
00:54:35,440 --> 00:54:36,000
Speaker 2: Is it fun?

1166
00:54:36,800 --> 00:54:37,000
Speaker 10: Yeah?

1167
00:54:37,000 --> 00:54:37,480
Speaker 3: It is fun.

1168
00:54:37,560 --> 00:54:40,200
Speaker 23: It's an extraordinary role to be able to cast your

1169
00:54:40,200 --> 00:54:42,960
Speaker 23: eye over four thousand government agencies, to be able to

1170
00:54:43,000 --> 00:54:45,839
Speaker 23: engage with the community around the things that are concerning them,

1171
00:54:46,560 --> 00:54:49,640
Speaker 23: in how they are dealing with those agencies, in being

1172
00:54:49,680 --> 00:54:54,120
Speaker 23: able to find a way to create improvements in the processes.

1173
00:54:54,440 --> 00:54:55,560
Speaker 2: What's led to the increase?

1174
00:54:56,960 --> 00:54:59,480
Speaker 23: I think a few things. First, As you know, I'm

1175
00:54:59,560 --> 00:55:04,600
Speaker 23: in public confidence in government generally is declining. People are

1176
00:55:04,680 --> 00:55:07,799
Speaker 23: under a huge amount of pressure as a consequence of

1177
00:55:07,840 --> 00:55:09,840
Speaker 23: cost of living, in housing and tealth and all of

1178
00:55:09,880 --> 00:55:12,040
Speaker 23: those sorts of things that we talk about all the time.

1179
00:55:12,719 --> 00:55:15,439
Speaker 23: And the ombite of jurisdictions are really interesting one because

1180
00:55:15,440 --> 00:55:19,440
Speaker 23: it's free to the complainant, because it's independent of government

1181
00:55:20,120 --> 00:55:25,439
Speaker 23: because it's private, and because the process is inquisitorial, not adversarial,

1182
00:55:25,480 --> 00:55:27,600
Speaker 23: which is the way the courts manage these things. So

1183
00:55:27,960 --> 00:55:31,640
Speaker 23: it's a pretty attractive vehicle to be able to raise

1184
00:55:31,840 --> 00:55:35,520
Speaker 23: concerns that you have with the state if you're an individual.

1185
00:55:36,280 --> 00:55:38,840
Speaker 2: Is the term attractive vehicle a nice way of saying

1186
00:55:38,880 --> 00:55:41,279
Speaker 2: a bunch of bored, lazy no hopers have got nothing

1187
00:55:41,280 --> 00:55:42,920
Speaker 2: better to do with their time. But moan.

1188
00:55:44,320 --> 00:55:46,080
Speaker 23: No, I don't think that at all. If you look

1189
00:55:46,080 --> 00:55:48,600
Speaker 23: at the substance of the complaints that we are getting.

1190
00:55:49,200 --> 00:55:53,319
Speaker 23: These are people who have genuine issues and genuine concerns,

1191
00:55:54,000 --> 00:55:57,440
Speaker 23: and as a consequence of the complaints that they are making,

1192
00:55:57,920 --> 00:56:01,719
Speaker 23: we are able to both identify areas of improvement in

1193
00:56:01,800 --> 00:56:06,839
Speaker 23: many cases and also look to systemic changes across the

1194
00:56:07,000 --> 00:56:09,280
Speaker 23: entire system that benefit everybody.

1195
00:56:09,400 --> 00:56:12,120
Speaker 2: Do you know what percentage of those would lead to

1196
00:56:12,160 --> 00:56:14,439
Speaker 2: what you've just explained? In other words, it was worth

1197
00:56:14,440 --> 00:56:16,680
Speaker 2: complaining about, and here's what's happened because of it.

1198
00:56:17,800 --> 00:56:19,759
Speaker 23: I don't have a percentage that tells.

1199
00:56:19,480 --> 00:56:24,120
Speaker 2: Me that half of them or a few, or I would.

1200
00:56:23,960 --> 00:56:26,040
Speaker 23: Have said it would be maybe half of them my case.

1201
00:56:26,080 --> 00:56:28,799
Speaker 23: So I mean that's that's a that's a six month

1202
00:56:28,840 --> 00:56:31,719
Speaker 23: observation on the on the things that come across my desk,

1203
00:56:31,800 --> 00:56:34,600
Speaker 23: in which I see, in which I in which I engage.

1204
00:56:35,320 --> 00:56:39,319
Speaker 23: But the reality is that it is a very effective

1205
00:56:39,440 --> 00:56:44,319
Speaker 23: mechanism for actually making change because we can engage with

1206
00:56:44,400 --> 00:56:48,040
Speaker 23: the agencies. We have the human stories from the complainants,

1207
00:56:48,680 --> 00:56:51,520
Speaker 23: so we can we can tell that those stories, and

1208
00:56:51,560 --> 00:56:54,200
Speaker 23: we can look across all of the data and across

1209
00:56:54,239 --> 00:56:57,680
Speaker 23: the entire system and say, these issues are coming up

1210
00:56:57,840 --> 00:57:00,480
Speaker 23: time and time again, how do we think it's them?

1211
00:57:00,640 --> 00:57:01,799
Speaker 23: Here's our recommendation.

1212
00:57:02,200 --> 00:57:04,480
Speaker 2: How do you explain your clearance rate which is higher

1213
00:57:04,480 --> 00:57:06,080
Speaker 2: than the number of complaints you receive?

1214
00:57:07,040 --> 00:57:10,520
Speaker 23: Oh? Are we getting focused on getting things done more quickly.

1215
00:57:11,040 --> 00:57:12,640
Speaker 23: So we've had a bit of a backlog over the

1216
00:57:12,680 --> 00:57:15,520
Speaker 23: last little while, as you know, a huge number of complaints.

1217
00:57:15,560 --> 00:57:19,360
Speaker 23: Growth creates that sort of thing, And we're really now

1218
00:57:19,400 --> 00:57:24,280
Speaker 23: focused on getting timely reports out because if they're not timely,

1219
00:57:24,720 --> 00:57:27,000
Speaker 23: they're not going to be useful to drive change.

1220
00:57:27,320 --> 00:57:30,240
Speaker 2: Now, I note in reading the report that you credited Boshia.

1221
00:57:30,280 --> 00:57:32,080
Speaker 2: Of course, and that was the weirdest rule. Did you

1222
00:57:32,160 --> 00:57:33,680
Speaker 2: know that? I mean, you're a young man, so it

1223
00:57:33,680 --> 00:57:35,280
Speaker 2: doesn't apply to you, but you've got to retire at

1224
00:57:35,320 --> 00:57:37,520
Speaker 2: the age of seventy two or I mean, who invented

1225
00:57:37,520 --> 00:57:39,240
Speaker 2: that rule? I'd complained about that. In fact, I might

1226
00:57:39,240 --> 00:57:40,600
Speaker 2: write to you and complain about it.

1227
00:57:41,280 --> 00:57:43,480
Speaker 23: Yeah, yeah, well, I mean for those of us who

1228
00:57:43,480 --> 00:57:47,560
Speaker 23: are sort of, you know, seventy two adjacent, it becomes

1229
00:57:47,640 --> 00:57:49,000
Speaker 23: it's a bit of an issue, isn't it her? And

1230
00:57:49,080 --> 00:57:52,000
Speaker 23: it does seem a pretty odd a pretty odd requirement

1231
00:57:52,120 --> 00:57:53,400
Speaker 23: in the current world.

1232
00:57:53,560 --> 00:57:56,560
Speaker 2: Exactly nice to talk to you. John Allen, who's a

1233
00:57:56,600 --> 00:57:59,200
Speaker 2: very nice bloke who these days is the chief hundberdsman,

1234
00:57:59,280 --> 00:58:00,840
Speaker 2: and I know is very blake because I did a

1235
00:58:00,880 --> 00:58:03,320
Speaker 2: couple of things with him when he was the head

1236
00:58:03,320 --> 00:58:08,960
Speaker 2: of New Zealand post years ago and very very entertaining.

1237
00:58:09,200 --> 00:58:11,400
Speaker 19: He seem to be inndimating there that you were seventy

1238
00:58:11,440 --> 00:58:12,400
Speaker 19: two adjacent? Did you know what?

1239
00:58:13,200 --> 00:58:16,040
Speaker 2: I don't know what he was those of us. He

1240
00:58:16,200 --> 00:58:18,320
Speaker 2: said that in a way he might be one of

1241
00:58:18,320 --> 00:58:21,480
Speaker 2: those guys who looks a lot younger than he actually is,

1242
00:58:21,520 --> 00:58:24,640
Speaker 2: because i'd have him I'm guessing late fifties, early sixties,

1243
00:58:24,720 --> 00:58:27,840
Speaker 2: possibly at a push, So maybe he's maybe he's maybe

1244
00:58:27,840 --> 00:58:30,040
Speaker 2: it's been maybe when I worked with him. It was

1245
00:58:30,080 --> 00:58:32,040
Speaker 2: like fifty years ago and where all kids and I've

1246
00:58:32,200 --> 00:58:35,800
Speaker 2: completely lost my mind four minutes away from eight. Get

1247
00:58:35,920 --> 00:58:40,600
Speaker 2: you're so cynical, so cynical. Surely Duncan Web has just

1248
00:58:40,640 --> 00:58:43,200
Speaker 2: given up after three terms because it's all about the perks.

1249
00:58:43,240 --> 00:58:45,880
Speaker 2: He knows that after three terms Mikey gets the government pension.

1250
00:58:45,960 --> 00:58:51,480
Speaker 2: How many I mean after three terms, yes, you get

1251
00:58:51,520 --> 00:58:53,880
Speaker 2: your pension, but I don't think it's it's not enough

1252
00:58:53,880 --> 00:58:55,560
Speaker 2: to survive on for the rest of your life and

1253
00:58:55,560 --> 00:58:58,240
Speaker 2: go adventuring with. I mean, yes, it's a it's a

1254
00:58:58,520 --> 00:59:02,280
Speaker 2: it's a luxury perannuation scheme. We understand all of that,

1255
00:59:02,320 --> 00:59:03,840
Speaker 2: but you know the people who make the real dough,

1256
00:59:03,880 --> 00:59:05,560
Speaker 2: the people who have been there for fifteen twenty years,

1257
00:59:05,600 --> 00:59:07,840
Speaker 2: and then asking you the question here is my other problem,

1258
00:59:07,880 --> 00:59:09,840
Speaker 2: because I mean, no one's moaned more than I have

1259
00:59:10,400 --> 00:59:12,840
Speaker 2: about all the lifers, all the hangers on who've got

1260
00:59:12,880 --> 00:59:15,760
Speaker 2: nowhere to go because they're so useless that they just

1261
00:59:15,800 --> 00:59:17,440
Speaker 2: work out the being an MP is the only thing

1262
00:59:17,520 --> 00:59:19,280
Speaker 2: they can do. And so the last thing you want

1263
00:59:19,560 --> 00:59:21,760
Speaker 2: are people hanging on when they shouldn't be there. So

1264
00:59:21,760 --> 00:59:25,240
Speaker 2: so I remember when Morris Williamson arrived in Parliament many

1265
00:59:25,320 --> 00:59:29,480
Speaker 2: years ago. He'd be seventy two adjacent too, wouldn't he Actually,

1266
00:59:29,800 --> 00:59:31,840
Speaker 2: so he arrived from me in New Zealand and he said,

1267
00:59:31,880 --> 00:59:33,400
Speaker 2: I'll tell you what, I've got things to do. I've

1268
00:59:33,400 --> 00:59:35,120
Speaker 2: got a life ahead of me. I'm here for three

1269
00:59:35,200 --> 00:59:38,320
Speaker 2: terms maximum, and about forty eight years later he finally

1270
00:59:38,320 --> 00:59:40,160
Speaker 2: shuffled out of the place. But anyway, the point being

1271
00:59:40,200 --> 00:59:43,280
Speaker 2: you want you want some turnover, but equally after three

1272
00:59:43,360 --> 00:59:45,960
Speaker 2: terms with the possibility of returning to government. The web thing,

1273
00:59:46,560 --> 00:59:49,040
Speaker 2: I'm probably just building this into a conspiracy that it

1274
00:59:49,120 --> 00:59:51,840
Speaker 2: isn't to be. Frank, I'll ask Jenny, She'll put She'll

1275
00:59:51,840 --> 00:59:54,720
Speaker 2: put me in the place. Shortly, Mark and Jinny are.

1276
00:59:54,600 --> 00:59:57,760
Speaker 3: Next asking the questions.

1277
00:59:58,000 --> 01:00:02,720
Speaker 1: Others won't the mic hosking, Breakfast with Vida, retirement, communities,

1278
01:00:02,920 --> 01:00:04,600
Speaker 1: life your Way, news talks.

1279
01:00:04,600 --> 01:00:12,000
Speaker 3: He'd be one.

1280
01:00:09,080 --> 01:00:19,520
Speaker 14: I so much loved it was a world to me.

1281
01:00:19,880 --> 01:00:21,680
Speaker 2: I would never have guessed this is boss gags in

1282
01:00:21,680 --> 01:00:26,840
Speaker 2: a million years and once he'd be seventy two adjacent.

1283
01:00:27,240 --> 01:00:31,240
Speaker 2: Cry All Day Long. D two is the album first

1284
01:00:31,280 --> 01:00:34,760
Speaker 2: album in seven years. It began as an informal series

1285
01:00:34,840 --> 01:00:40,640
Speaker 2: of demos. You sort of like the show Actually interpreted

1286
01:00:40,720 --> 01:00:46,800
Speaker 2: some of his favorite standards. One clearly Leado Shuffle wasn't

1287
01:00:46,840 --> 01:00:49,040
Speaker 2: one of his wasn't one of his favorites.

1288
01:00:49,440 --> 01:00:52,920
Speaker 19: He's actually almost less seventy two adjacent than you. It's

1289
01:00:52,920 --> 01:00:56,120
Speaker 19: about the same adjacent at the other side.

1290
01:00:56,440 --> 01:00:58,200
Speaker 2: What what does that mean?

1291
01:00:58,800 --> 01:00:58,960
Speaker 15: One?

1292
01:00:59,360 --> 01:01:01,200
Speaker 2: I was going to say, so you can't be my age,

1293
01:01:01,720 --> 01:01:02,880
Speaker 2: mind you? I feel eighty.

1294
01:01:02,760 --> 01:01:08,720
Speaker 19: One just this morning, just now.

1295
01:01:08,640 --> 01:01:13,000
Speaker 2: Eighty one go so detours the album. It's his old

1296
01:01:13,040 --> 01:01:17,919
Speaker 2: favorite stuff he likes. He's jumbled together eleven of these

1297
01:01:18,000 --> 01:01:20,160
Speaker 2: and there's forty eight minutes and forty one.

1298
01:01:20,520 --> 01:01:22,880
Speaker 19: Guess it's not a bad one. That's that have dinner too.

1299
01:01:23,080 --> 01:01:25,720
Speaker 3: This was in the background because.

1300
01:01:26,000 --> 01:01:31,560
Speaker 2: To say this is chickens to rye and the music correct.

1301
01:01:33,480 --> 01:01:35,840
Speaker 2: It's eight minutes past eight. Mark Mitchell's with us along

1302
01:01:35,880 --> 01:01:41,160
Speaker 2: with Ginny Anderson. Good morning to you both. Good bye now, Ginny,

1303
01:01:41,160 --> 01:01:43,040
Speaker 2: do you want to welcome Mark back out of hospital.

1304
01:01:43,080 --> 01:01:44,400
Speaker 2: He's been very unwell.

1305
01:01:45,400 --> 01:01:47,920
Speaker 24: Yes, I do. Actually I know when I went to

1306
01:01:47,920 --> 01:01:49,880
Speaker 24: along to the I was actually really consumed when I

1307
01:01:49,880 --> 01:01:51,720
Speaker 24: heard you gone back, and so I'm pleased to hear

1308
01:01:51,760 --> 01:01:53,320
Speaker 24: that you're out and things are going good.

1309
01:01:53,920 --> 01:01:56,960
Speaker 25: Yeah, thank you and the care from the team at

1310
01:01:57,000 --> 01:02:00,360
Speaker 25: Norseal Hospitals yesterday and the first thing I did do

1311
01:02:00,440 --> 01:02:02,760
Speaker 25: my favorite thing, get straight down McDonald's, get a thick

1312
01:02:02,760 --> 01:02:04,280
Speaker 25: shake and burning again.

1313
01:02:08,680 --> 01:02:12,880
Speaker 2: Are you actually cured? Mark? Are you fixed? Per se?

1314
01:02:13,160 --> 01:02:13,360
Speaker 21: Yeah?

1315
01:02:13,360 --> 01:02:13,640
Speaker 8: I am.

1316
01:02:13,680 --> 01:02:16,760
Speaker 25: I just I needed a big blast of iv andy

1317
01:02:16,760 --> 01:02:19,000
Speaker 25: bidos because I had an infection that hadn't been detected

1318
01:02:19,040 --> 01:02:20,920
Speaker 25: and actually been with me for about two years and

1319
01:02:20,960 --> 01:02:23,080
Speaker 25: it's sort of broken down the rest of the body's defenses.

1320
01:02:23,120 --> 01:02:25,000
Speaker 25: So I was getting things like a chest infection that

1321
01:02:25,360 --> 01:02:27,160
Speaker 25: should go away in twenty four hours and it was

1322
01:02:27,240 --> 01:02:30,200
Speaker 25: transitioning into amumonia. So they've done a great job to

1323
01:02:30,360 --> 01:02:32,640
Speaker 25: world to identify the problem was but we will and

1324
01:02:32,720 --> 01:02:33,160
Speaker 25: truly on.

1325
01:02:33,120 --> 01:02:33,360
Speaker 9: Top of it.

1326
01:02:33,640 --> 01:02:38,120
Speaker 2: Would you say, hand on heart, you got no special

1327
01:02:38,160 --> 01:02:40,880
Speaker 2: treatment because of who you are, and therefore when you

1328
01:02:40,920 --> 01:02:43,200
Speaker 2: actually need the public health system in this country, it

1329
01:02:43,280 --> 01:02:44,600
Speaker 2: actually works quite well.

1330
01:02:45,480 --> 01:02:48,680
Speaker 25: It does look and it does work extremely well. I

1331
01:02:48,800 --> 01:02:51,040
Speaker 25: got no special treatment at all. No one was even

1332
01:02:51,040 --> 01:02:52,960
Speaker 25: aware that I was a minister when I was admitted

1333
01:02:53,000 --> 01:02:57,400
Speaker 25: in Wellington and that was great. And then at Northshaw

1334
01:02:57,400 --> 01:02:59,280
Speaker 25: Hospital I was in a room with three other guys

1335
01:02:59,120 --> 01:03:01,400
Speaker 25: that I became pretty good mates with them. We're all

1336
01:03:01,400 --> 01:03:04,240
Speaker 25: on our health journeys, and but the staff for quite

1337
01:03:04,240 --> 01:03:06,040
Speaker 25: simply outstanding.

1338
01:03:06,080 --> 01:03:07,800
Speaker 21: They were brilliant. I just want to say huge thank

1339
01:03:07,800 --> 01:03:08,200
Speaker 21: you to them.

1340
01:03:08,280 --> 01:03:10,240
Speaker 2: Not at all, Katie said, I should think.

1341
01:03:10,720 --> 01:03:15,400
Speaker 24: Sorry, carry on, Jinny, the offer for for weekly yoga sessions.

1342
01:03:15,400 --> 01:03:17,560
Speaker 24: More than happy to come along. We can do the

1343
01:03:17,600 --> 01:03:20,120
Speaker 24: non hot one to start with. But makes me good.

1344
01:03:20,120 --> 01:03:22,400
Speaker 21: Change you trying to get me back into hot yoga

1345
01:03:22,440 --> 01:03:22,880
Speaker 21: with you again.

1346
01:03:23,360 --> 01:03:25,760
Speaker 24: You can use my smoothing maker, you can use my

1347
01:03:25,800 --> 01:03:34,720
Speaker 24: smoothie maker, and it's a kind of.

1348
01:03:35,120 --> 01:03:37,600
Speaker 2: Now I want to I mean, we've got this policy thing, Jinny,

1349
01:03:37,640 --> 01:03:39,080
Speaker 2: and I don't want to upset you so early in

1350
01:03:39,120 --> 01:03:42,000
Speaker 2: the week, but I mean, honestly, I mean, what the

1351
01:03:42,000 --> 01:03:44,160
Speaker 2: hell's going on with you guys? You've had two years?

1352
01:03:45,520 --> 01:03:46,040
Speaker 13: What what?

1353
01:03:46,040 --> 01:03:46,840
Speaker 24: What is the question?

1354
01:03:47,800 --> 01:03:49,600
Speaker 2: Well, the question was what the hell's going on with

1355
01:03:49,640 --> 01:03:51,360
Speaker 2: you guys?

1356
01:03:51,400 --> 01:03:55,680
Speaker 26: Well, I would say, I would say, Mike, is there

1357
01:03:56,000 --> 01:04:00,000
Speaker 26: New Zealand's got a problem. Right back when when I

1358
01:04:00,080 --> 01:04:02,800
Speaker 26: first got involved with doing work on the economy and

1359
01:04:02,840 --> 01:04:06,240
Speaker 26: economic development, and that was in the mid two thousands,

1360
01:04:06,240 --> 01:04:08,440
Speaker 26: that we hear companies like forty two below Vodka go

1361
01:04:08,680 --> 01:04:11,920
Speaker 26: where companies like Navman go. Since then, more recently you've

1362
01:04:11,920 --> 01:04:15,240
Speaker 26: got trade mee PGG writes and seeds, picks, peanut butter,

1363
01:04:15,320 --> 01:04:19,400
Speaker 26: tiptop icebreaker SYSTEMA. These are all smart New Zealand companies

1364
01:04:19,480 --> 01:04:22,200
Speaker 26: employ New Zealanders that get to a certain level and

1365
01:04:22,200 --> 01:04:24,720
Speaker 26: they get bought off and the jobs go and the

1366
01:04:24,760 --> 01:04:27,160
Speaker 26: ideas go, and we lose all that benefit from our

1367
01:04:27,160 --> 01:04:30,840
Speaker 26: common economy. So the Future Fund is one way of

1368
01:04:31,000 --> 01:04:34,960
Speaker 26: backing and providing some certainty that those companies can actually

1369
01:04:35,040 --> 01:04:35,920
Speaker 26: stay in New Zealand.

1370
01:04:36,080 --> 01:04:39,040
Speaker 2: Yeah, provide cap that's fine, we all understand that. But

1371
01:04:39,080 --> 01:04:41,920
Speaker 2: the questions then got asked, who's running it, who decides

1372
01:04:41,960 --> 01:04:44,040
Speaker 2: whose dividend are you using, Where do you get the

1373
01:04:44,080 --> 01:04:46,160
Speaker 2: money from? When are you using the dividend on that

1374
01:04:46,200 --> 01:04:47,680
Speaker 2: to pay down the debt et sect for? None of

1375
01:04:47,680 --> 01:04:49,920
Speaker 2: those questions were answered, Well, it.

1376
01:04:49,840 --> 01:04:52,200
Speaker 24: Will be like the super fund. The Guardians would do

1377
01:04:52,240 --> 01:04:54,080
Speaker 24: that and there would be the settings. They will be

1378
01:04:54,120 --> 01:04:56,440
Speaker 24: different from the super fund because it would be expected

1379
01:04:56,480 --> 01:04:59,520
Speaker 24: to invest in New Zealand and key we infrastructure and

1380
01:05:00,000 --> 01:05:03,880
Speaker 24: companies with the idea of building stronger communities, more jobs

1381
01:05:03,920 --> 01:05:05,200
Speaker 24: and better opportunities. And what's the.

1382
01:05:05,280 --> 01:05:07,760
Speaker 2: KPI on it, What's what's the strike rate? What if

1383
01:05:07,760 --> 01:05:10,040
Speaker 2: you start losing money and picking losers not winners.

1384
01:05:10,600 --> 01:05:12,960
Speaker 24: Well, if you look internationally, whether it be Norway or

1385
01:05:13,280 --> 01:05:15,560
Speaker 24: or other ones such as Singapore, none of them lose

1386
01:05:15,600 --> 01:05:19,000
Speaker 24: money over time. They are all growth funds that slow burn, yes,

1387
01:05:19,360 --> 01:05:22,320
Speaker 24: but they return, They deliver a return. And that model

1388
01:05:22,720 --> 01:05:25,480
Speaker 24: internationally shows that they all give a return. And what

1389
01:05:25,800 --> 01:05:28,640
Speaker 24: means that those it means that those funds are working

1390
01:05:28,720 --> 01:05:31,600
Speaker 24: smart at their assets owned by New Zealand, and we

1391
01:05:31,640 --> 01:05:33,720
Speaker 24: want to make sure that those funds are going back

1392
01:05:33,760 --> 01:05:35,400
Speaker 24: into New Zealand to back the firm.

1393
01:05:35,480 --> 01:05:37,400
Speaker 2: So they what do you do with the money to

1394
01:05:37,480 --> 01:05:39,760
Speaker 2: pay down the debt that you don't have in the

1395
01:05:39,760 --> 01:05:41,320
Speaker 2: first place, Well, we.

1396
01:05:41,280 --> 01:05:44,000
Speaker 24: Don't pay it to tobacco companies for a start, because

1397
01:05:44,200 --> 01:05:45,160
Speaker 24: you didn't.

1398
01:05:45,200 --> 01:05:47,960
Speaker 2: Jenny, don't do this. You didn't pay it tobacco companies

1399
01:05:48,000 --> 01:05:50,000
Speaker 2: that were that was an exemption on tax that was

1400
01:05:50,000 --> 01:05:50,560
Speaker 2: never paid.

1401
01:05:51,520 --> 01:05:54,320
Speaker 24: Well, those funds are part of an overall fiscal plan,

1402
01:05:54,440 --> 01:05:57,200
Speaker 24: are reinvested back into New Zealand. So we're paying less

1403
01:05:57,200 --> 01:06:00,960
Speaker 24: and unemployment fees, we're paying lease in other ways of

1404
01:06:00,960 --> 01:06:04,280
Speaker 24: people not accessing healthcare. So they invested back into New

1405
01:06:04,360 --> 01:06:07,040
Speaker 24: Zealand and over the long run, they would save us money.

1406
01:06:07,200 --> 01:06:09,520
Speaker 2: There you go, Mark again, all right, you can have

1407
01:06:09,520 --> 01:06:11,080
Speaker 2: a response to that Mark and just the moment, we

1408
01:06:11,160 --> 01:06:13,080
Speaker 2: got more detail out of Jenny just now the mark

1409
01:06:13,760 --> 01:06:16,200
Speaker 2: than Chippy gave us. On Monday, thirteen past day.

1410
01:06:16,880 --> 01:06:21,520
Speaker 1: The Mic Asking Breakfast Full Show podcast on iHeartRadio powered

1411
01:06:21,520 --> 01:06:22,200
Speaker 1: by News.

1412
01:06:22,000 --> 01:06:25,919
Speaker 2: Talks It be You Talks, sixteen past eight, Mark, you say,

1413
01:06:25,920 --> 01:06:26,920
Speaker 2: what to the Future Fund?

1414
01:06:27,800 --> 01:06:29,760
Speaker 25: Well, the most it's been a flop, But the most

1415
01:06:29,800 --> 01:06:32,640
Speaker 25: obvious question immediately is where's the money coming from? I mean,

1416
01:06:32,880 --> 01:06:35,160
Speaker 25: this government, the Laby got, the previous labor government put

1417
01:06:35,200 --> 01:06:38,120
Speaker 25: us into a massive debtthole that we currently as a country,

1418
01:06:38,160 --> 01:06:41,439
Speaker 25: all of us are paying nine billion dollars annually on

1419
01:06:41,480 --> 01:06:44,600
Speaker 25: their interest. Where's the money coming from? All of those

1420
01:06:44,640 --> 01:06:47,200
Speaker 25: companies that she rattled off have got strong balance sheets

1421
01:06:47,520 --> 01:06:49,320
Speaker 25: and they make their own decisions. And do they want

1422
01:06:49,320 --> 01:06:53,800
Speaker 25: corporate welfare? Probably the answer is no. And so yeah,

1423
01:06:53,800 --> 01:06:56,200
Speaker 25: it's the whole thing is just And they've modeled it

1424
01:06:56,240 --> 01:06:57,880
Speaker 25: on the Singapore model. They say they've modeled on the

1425
01:06:57,880 --> 01:07:00,880
Speaker 25: Singapool model. The Singapool model is completely different with a

1426
01:07:00,920 --> 01:07:04,160
Speaker 25: totally different focus. So I think it's been scored three

1427
01:07:04,160 --> 01:07:04,480
Speaker 25: out of tea.

1428
01:07:04,560 --> 01:07:05,240
Speaker 21: I agree with that.

1429
01:07:05,280 --> 01:07:07,400
Speaker 2: I think, okay, Jenny, just quickly, because I don't want

1430
01:07:07,400 --> 01:07:09,160
Speaker 2: to get bogged down on this. When you said sustain

1431
01:07:09,200 --> 01:07:11,480
Speaker 2: a systemer of course was a perfectly successful company and

1432
01:07:11,480 --> 01:07:13,000
Speaker 2: they sold out to somebody who came along with six

1433
01:07:13,120 --> 01:07:15,600
Speaker 2: or seven hundred million dollars. If you are funded by

1434
01:07:15,600 --> 01:07:18,160
Speaker 2: the Future Fund, does that mean you cannot sell yourself

1435
01:07:18,200 --> 01:07:19,800
Speaker 2: when you get successful.

1436
01:07:20,120 --> 01:07:22,400
Speaker 24: Well, there are terms and conditions that will be established

1437
01:07:22,400 --> 01:07:24,840
Speaker 24: by the guardians who decided you don't know that money,

1438
01:07:25,120 --> 01:07:27,320
Speaker 24: so that it would depend on the circumstances and what

1439
01:07:27,480 --> 01:07:30,880
Speaker 24: benefits that about rocket back to New Zealand, What jobs

1440
01:07:30,880 --> 01:07:35,280
Speaker 24: would it provide, what infrastructure would it provide? Stronger, So

1441
01:07:35,280 --> 01:07:37,720
Speaker 24: I'll give you another example, and where the money comes

1442
01:07:37,720 --> 01:07:40,360
Speaker 24: from is from taking state owned assets as well as

1443
01:07:40,360 --> 01:07:43,840
Speaker 24: a two hundred million dollar state injection and putting that

1444
01:07:44,040 --> 01:07:47,040
Speaker 24: and as a startup fund like other ones similar to it.

1445
01:07:47,080 --> 01:07:49,200
Speaker 24: But was just in the last week, Mike, we saw

1446
01:07:49,400 --> 01:07:53,960
Speaker 24: Southland based Alliance group that useless.

1447
01:07:53,600 --> 01:07:55,800
Speaker 2: Though that's the problem the right, The reason, the reason

1448
01:07:55,840 --> 01:07:56,640
Speaker 2: they're in trouble.

1449
01:07:56,320 --> 01:07:56,520
Speaker 11: Is the.

1450
01:07:58,240 --> 01:08:01,160
Speaker 24: Reason is we've got record prices for red meat around

1451
01:08:01,160 --> 01:08:03,960
Speaker 24: the world, record prices, and we've got a New Zealand

1452
01:08:04,000 --> 01:08:07,600
Speaker 24: owned outfit being brought off by sixty five percent to Ireland.

1453
01:08:07,840 --> 01:08:09,920
Speaker 24: Now that's jobs in New Zealand gone.

1454
01:08:10,720 --> 01:08:12,480
Speaker 2: This is where you're going to get yourself into trouble.

1455
01:08:12,680 --> 01:08:14,920
Speaker 2: Who voted for that, The people who owned the company,

1456
01:08:14,960 --> 01:08:16,320
Speaker 2: who were the farmers, They wanted this.

1457
01:08:16,640 --> 01:08:19,080
Speaker 24: They rallied around at the last minute to go they

1458
01:08:19,160 --> 01:08:22,920
Speaker 24: got and they couldn't find the capital.

1459
01:08:23,479 --> 01:08:25,360
Speaker 25: So once she said that she wants to take the

1460
01:08:25,360 --> 01:08:27,960
Speaker 25: dividends they want to take differdence from state owned enterprises

1461
01:08:27,960 --> 01:08:31,479
Speaker 25: which currently go towards paying for service like health and education.

1462
01:08:31,600 --> 01:08:33,439
Speaker 21: Is that we say in Ginny, what.

1463
01:08:33,360 --> 01:08:36,080
Speaker 24: We're doing is putting a select group of so oes

1464
01:08:36,240 --> 01:08:39,120
Speaker 24: and we're turning those dividends back investing into New Zealand.

1465
01:08:39,360 --> 01:08:45,040
Speaker 24: And that's an alternative to something that mar that's it's

1466
01:08:45,040 --> 01:08:46,280
Speaker 24: not a funding get because there'll.

1467
01:08:46,080 --> 01:08:51,040
Speaker 2: Be you haven't got the molsewhere Genny. I mean just

1468
01:08:51,439 --> 01:08:53,160
Speaker 2: we own nine billion dollars a year just on the

1469
01:08:53,160 --> 01:08:55,840
Speaker 2: interest on the debt. If you're not, where's the money

1470
01:08:55,840 --> 01:08:57,920
Speaker 2: for that coming from? I you shuffling it off somewhere else.

1471
01:08:58,760 --> 01:09:02,160
Speaker 24: Because there'll be our first plan or outline specifically how

1472
01:09:02,200 --> 01:09:05,559
Speaker 24: that's been met and that this is the first part

1473
01:09:05,640 --> 01:09:07,800
Speaker 24: of it. But the important point I'd like to make

1474
01:09:11,320 --> 01:09:15,919
Speaker 24: nationals answer is the infrastructure summit, which over a billion

1475
01:09:16,000 --> 01:09:19,280
Speaker 24: dollars billion dollars for an infrastructure summit to open the gates,

1476
01:09:19,560 --> 01:09:21,599
Speaker 24: zero results, mark.

1477
01:09:21,760 --> 01:09:22,360
Speaker 2: Results I've had.

1478
01:09:22,400 --> 01:09:26,880
Speaker 25: We've had great results on that im.

1479
01:09:27,120 --> 01:09:29,120
Speaker 21: I was at the investment summit. There's a result of that.

1480
01:09:29,160 --> 01:09:32,080
Speaker 25: We had three international companies come forward and say we're

1481
01:09:32,120 --> 01:09:35,520
Speaker 25: very interested and we want to invest in your corrections infrastructure,

1482
01:09:35,520 --> 01:09:37,680
Speaker 25: and that is progressing and moving for the infrastructure is

1483
01:09:37,760 --> 01:09:38,559
Speaker 25: very good for mark.

1484
01:09:39,120 --> 01:09:41,920
Speaker 2: New subject netball. I understand why you can't do much

1485
01:09:41,920 --> 01:09:44,920
Speaker 2: about it because you one step back. But do they

1486
01:09:45,040 --> 01:09:47,439
Speaker 2: know that you're not happy? Because we're all not happy

1487
01:09:47,479 --> 01:09:49,960
Speaker 2: and this is this is a cock up, yep.

1488
01:09:50,200 --> 01:09:52,479
Speaker 25: I've been very clear going on way too long. It's

1489
01:09:52,560 --> 01:09:55,439
Speaker 25: damaging nitball. Get round the table and get it and

1490
01:09:55,439 --> 01:09:57,519
Speaker 25: get it sorted out. I mean, these are people that

1491
01:09:57,560 --> 01:10:01,400
Speaker 25: are deeply passionate about netball and big parts of their lives,

1492
01:10:01,640 --> 01:10:05,320
Speaker 25: huge respect for Dame Nolin. Get round the table and

1493
01:10:05,360 --> 01:10:05,840
Speaker 25: sort it out.

1494
01:10:06,000 --> 01:10:06,519
Speaker 21: So you're right.

1495
01:10:06,520 --> 01:10:08,479
Speaker 25: I'm not directly involved in it, but I have spoken

1496
01:10:08,520 --> 01:10:12,240
Speaker 25: with Rayling Castle, a cee of Sporting Zed, and I

1497
01:10:12,280 --> 01:10:14,400
Speaker 25: said I want us to make sure that we've got

1498
01:10:14,439 --> 01:10:17,519
Speaker 25: every resource and providing all the support that we can

1499
01:10:17,880 --> 01:10:18,679
Speaker 25: to get this result.

1500
01:10:18,920 --> 01:10:22,360
Speaker 2: Is it directly her problem, Raylean's. I mean, she gives

1501
01:10:22,360 --> 01:10:25,439
Speaker 2: the money, so it's not so. Once you give the money,

1502
01:10:25,439 --> 01:10:27,160
Speaker 2: you can behave any way you want. And there's nothing

1503
01:10:27,240 --> 01:10:28,320
Speaker 2: you guys can do about.

1504
01:10:28,520 --> 01:10:29,640
Speaker 21: No, absolutely not.

1505
01:10:29,840 --> 01:10:34,040
Speaker 25: There's there's definitely you know, KPIs and we wanted to that,

1506
01:10:34,080 --> 01:10:36,840
Speaker 25: and it is taxpars money money, and we expect it

1507
01:10:36,880 --> 01:10:39,719
Speaker 25: to be spent well. For me to cancel the funding

1508
01:10:39,760 --> 01:10:42,080
Speaker 25: straight to Nick willan Z just hurts a whole lot

1509
01:10:42,120 --> 01:10:43,160
Speaker 25: of other people that actually.

1510
01:10:42,920 --> 01:10:44,160
Speaker 2: Aren't you know, I get that, but I mean, what

1511
01:10:44,200 --> 01:10:46,920
Speaker 2: if there's spending it on lawyers now and mediation they

1512
01:10:46,960 --> 01:10:48,320
Speaker 2: come back in the annual report and you've got a

1513
01:10:48,400 --> 01:10:51,320
Speaker 2: hundred lawyers with you.

1514
01:10:51,360 --> 01:10:51,960
Speaker 21: I agree with you.

1515
01:10:52,000 --> 01:10:54,920
Speaker 25: I don't expect taxpars money to be spent on on

1516
01:10:55,040 --> 01:10:57,280
Speaker 25: lawyers and mediation and issues like.

1517
01:10:57,160 --> 01:10:59,439
Speaker 21: That, especially if the process hasn't been run properly. I

1518
01:10:59,439 --> 01:10:59,800
Speaker 21: don't know.

1519
01:11:00,439 --> 01:11:02,360
Speaker 25: I'm still gathering the information on that, but I have

1520
01:11:02,439 --> 01:11:06,120
Speaker 25: been very clear that from a Sporting Z perspective, from

1521
01:11:06,120 --> 01:11:09,760
Speaker 25: a government perspective, get alongside them, use whatever resource we

1522
01:11:09,840 --> 01:11:13,600
Speaker 25: need and whatever capabley we've got inside Sporting Z to

1523
01:11:13,680 --> 01:11:15,720
Speaker 25: help achieves.

1524
01:11:16,000 --> 01:11:18,799
Speaker 2: Give me the skinny, Jinny, I have use that line,

1525
01:11:18,960 --> 01:11:22,479
Speaker 2: give me the skin on Duncan on Duncan web. Now,

1526
01:11:22,479 --> 01:11:24,920
Speaker 2: what's really going on here? This this whole I'm off

1527
01:11:24,960 --> 01:11:26,400
Speaker 2: to adventure. I mean, what's that about.

1528
01:11:27,840 --> 01:11:29,439
Speaker 24: I don't think that I've been listening to you this

1529
01:11:29,479 --> 01:11:32,519
Speaker 24: morning as you've been pondering the possibilities of some kind

1530
01:11:32,560 --> 01:11:36,479
Speaker 24: of conspiracy and there really just isn't one. Duncan. To

1531
01:11:36,520 --> 01:11:38,760
Speaker 24: be honest, he's pushing sexy. He's done a fair bit.

1532
01:11:39,120 --> 01:11:47,400
Speaker 24: He's been an amazing when you go when you go

1533
01:11:47,520 --> 01:11:50,000
Speaker 24: in for putting your head in for selection, which is

1534
01:11:50,040 --> 01:11:52,960
Speaker 24: around this time, you're committing to another three years of

1535
01:11:53,040 --> 01:11:56,360
Speaker 24: high energy, and he's made the call that he'd like

1536
01:11:56,439 --> 01:11:58,519
Speaker 24: to spend more time with people he loves and he'd

1537
01:11:58,560 --> 01:12:00,360
Speaker 24: like to do more of the things that he loves doing,

1538
01:12:00,720 --> 01:12:02,080
Speaker 24: and to be honest, good on them.

1539
01:12:03,560 --> 01:12:06,920
Speaker 25: But I think, sorry, mate, sorry no, I was going

1540
01:12:06,960 --> 01:12:09,759
Speaker 25: to say, look full acknowledged to him in the public

1541
01:12:09,840 --> 01:12:12,639
Speaker 25: services given I think that I personally think he's leaving

1542
01:12:12,760 --> 01:12:16,560
Speaker 25: because him and Jenny opposed the gang legislation very successful

1543
01:12:16,840 --> 01:12:21,080
Speaker 25: and I think that he's.

1544
01:12:19,240 --> 01:12:19,880
Speaker 2: Got a way to work.

1545
01:12:20,040 --> 01:12:23,000
Speaker 24: He's walking right, Exec Duncan that you're leaving because he's

1546
01:12:23,040 --> 01:12:25,519
Speaker 24: realized that meth and Fettermanus has gone up ninety seven

1547
01:12:25,520 --> 01:12:27,519
Speaker 24: percent and max Watch and he knows that I just

1548
01:12:27,600 --> 01:12:28,360
Speaker 24: can't get it back.

1549
01:12:32,320 --> 01:12:34,920
Speaker 2: Can you understand my thinkings? Forget the conspiracy, Joenny. So

1550
01:12:35,240 --> 01:12:37,600
Speaker 2: the guys, he would I am assuming you guys are

1551
01:12:37,640 --> 01:12:40,080
Speaker 2: backing yourselves to run a decent campaign next year and

1552
01:12:40,120 --> 01:12:43,160
Speaker 2: possibly get the government. Guys a senior minister, he's only

1553
01:12:43,200 --> 01:12:44,960
Speaker 2: been there ninety years, a couple of terms in government.

1554
01:12:45,000 --> 01:12:46,680
Speaker 2: He can do some stuff. He's thinking, this is, this

1555
01:12:46,760 --> 01:12:48,280
Speaker 2: is I'm set to go. It's not like you're in

1556
01:12:48,560 --> 01:12:50,280
Speaker 2: opposition for the next twenty years.

1557
01:12:51,400 --> 01:12:53,840
Speaker 24: Well, well, to be to be honest with you, Michael,

1558
01:12:53,880 --> 01:12:55,600
Speaker 24: it was a shock to me. You know. Duncan is

1559
01:12:55,640 --> 01:12:59,160
Speaker 24: a really close personal friend and I've worked incredibly closely

1560
01:12:59,240 --> 01:13:01,559
Speaker 24: with them on a whole range of issues, and he's excellent.

1561
01:13:01,640 --> 01:13:04,200
Speaker 24: He's a smart guy who gets the law. He's a lawyer,

1562
01:13:04,280 --> 01:13:07,559
Speaker 24: and he's great at politics. He's a huge asset to us.

1563
01:13:07,600 --> 01:13:10,439
Speaker 24: So you know, I was said to lose him as

1564
01:13:10,479 --> 01:13:13,080
Speaker 24: a colleague and be able to work with them each today.

1565
01:13:13,720 --> 01:13:16,120
Speaker 24: But you've you've got to respect. You've got to respect

1566
01:13:16,160 --> 01:13:19,439
Speaker 24: the fact that people, you know, this job takes up

1567
01:13:19,439 --> 01:13:22,280
Speaker 24: a huge amount of time of your life. You actually

1568
01:13:22,280 --> 01:13:24,960
Speaker 24: do have to sacrifice some of your personal relationships to

1569
01:13:25,040 --> 01:13:27,479
Speaker 24: keep doing this direct and if someone makes the call

1570
01:13:27,520 --> 01:13:29,240
Speaker 24: that they don't want to do that anything to respect,

1571
01:13:29,320 --> 01:13:30,000
Speaker 24: you have to respect that.

1572
01:13:30,080 --> 01:13:32,040
Speaker 2: Well, I've got to monter you guys appreciate it. Mark Mitchell,

1573
01:13:32,040 --> 01:13:34,559
Speaker 2: Ginny Anderson Nate twenty three The.

1574
01:13:34,640 --> 01:13:38,000
Speaker 1: Make Asking Breakfast with Bailey's real Estate News Talks.

1575
01:13:38,120 --> 01:13:40,599
Speaker 2: Eddy tell you what the good people at Bailey's Real

1576
01:13:40,720 --> 01:13:43,920
Speaker 2: Estate more than just properly of course, total real estate solution,

1577
01:13:44,080 --> 01:13:49,120
Speaker 2: family homes, tick that box, beachside retreats, commercial properties, industrial offerings, farmlets, stations,

1578
01:13:49,200 --> 01:13:52,559
Speaker 2: rural businesses. They have got your real estate needs covered

1579
01:13:52,560 --> 01:13:54,880
Speaker 2: at Bailey's. Now their team these days, it's more than

1580
01:13:54,920 --> 01:13:57,960
Speaker 2: two thousand professionals, one hundred officers all over this beautiful country.

1581
01:13:57,960 --> 01:14:00,240
Speaker 2: They work in partnership. Means that you get the benefit

1582
01:14:00,320 --> 01:14:04,400
Speaker 2: of collective expertise, international networks that achieve altogether better results.

1583
01:14:04,720 --> 01:14:06,320
Speaker 2: They got people and this is the key. They've got

1584
01:14:06,360 --> 01:14:08,400
Speaker 2: people at the beating heart of everything. They do, so,

1585
01:14:08,439 --> 01:14:11,599
Speaker 2: they built a legacy, they're adding value, They're consistently giving

1586
01:14:11,600 --> 01:14:14,839
Speaker 2: their clients the cutting edge in this competitive marketplace. Bailey's

1587
01:14:14,960 --> 01:14:16,559
Speaker 2: very proud as they should be to be one hundred

1588
01:14:16,560 --> 01:14:20,080
Speaker 2: percent kere we owned and operated unbeatable local knowledge presence

1589
01:14:20,120 --> 01:14:22,360
Speaker 2: in every corner of the country because a friendly face

1590
01:14:22,360 --> 01:14:23,920
Speaker 2: and a firm handshake is still the best way to

1591
01:14:23,920 --> 01:14:26,800
Speaker 2: do businesses. I think we understand so. Through a comprehensive

1592
01:14:26,880 --> 01:14:30,840
Speaker 2: range of services and strategic international partnerships, Bailey's is going

1593
01:14:30,880 --> 01:14:34,639
Speaker 2: to find the buyers that others can't. Bailees dot co

1594
01:14:34,840 --> 01:14:38,519
Speaker 2: dot nz to learn more. Tasking curiously, Mike, is this

1595
01:14:38,640 --> 01:14:42,439
Speaker 2: netball issue really worthy of the airtime arm Clark? You serious?

1596
01:14:42,920 --> 01:14:46,720
Speaker 2: It is millions of dollars of taxpayers money in a

1597
01:14:46,800 --> 01:14:50,639
Speaker 2: dysfunctional sport, the national sport of women in this country.

1598
01:14:50,680 --> 01:14:53,200
Speaker 2: So I think the answer to that is yes, yes, yes,

1599
01:14:53,240 --> 01:14:53,679
Speaker 2: and yes.

1600
01:14:54,240 --> 01:14:59,080
Speaker 1: Steve Price is next tough on power, sharp on insight

1601
01:14:59,280 --> 01:15:03,360
Speaker 1: on Mike cost, breakfast with the Defender, embraced the impossible

1602
01:15:03,439 --> 01:15:04,760
Speaker 1: news Tom's dead, be Mike.

1603
01:15:04,760 --> 01:15:07,120
Speaker 2: The labor proposed Future Fund would be so easy for

1604
01:15:07,160 --> 01:15:09,679
Speaker 2: parties to plunder in the public funds into their own interests.

1605
01:15:09,800 --> 01:15:11,439
Speaker 2: I can see a lot of green businesses that are

1606
01:15:11,479 --> 01:15:16,720
Speaker 2: more idealistic than realistic. I mean, Ginny tried, but at

1607
01:15:16,760 --> 01:15:18,200
Speaker 2: the end of the day, you can see where this

1608
01:15:18,240 --> 01:15:19,639
Speaker 2: is going and I don't think it's going to fly

1609
01:15:19,720 --> 01:15:22,040
Speaker 2: for them. It's not dissimilar to the Provincial Growth Fund,

1610
01:15:22,080 --> 01:15:24,439
Speaker 2: the New Zealand first idea when they are in government

1611
01:15:24,479 --> 01:15:26,200
Speaker 2: with labor and that was three billion dollars. I mean,

1612
01:15:26,240 --> 01:15:29,240
Speaker 2: tell me where that went, Tell me how many businesses.

1613
01:15:29,280 --> 01:15:32,439
Speaker 2: And that was local initiatives. It was local, home grown

1614
01:15:32,600 --> 01:15:34,920
Speaker 2: stuff that was going to change the world, until, of

1615
01:15:34,960 --> 01:15:37,360
Speaker 2: course it didn't. Mike, I've been and Wellington Hospital since

1616
01:15:37,400 --> 01:15:40,360
Speaker 2: last Thursday after major spine operation. The nurses, doctors, specialist,

1617
01:15:40,360 --> 01:15:43,960
Speaker 2: clean at food service all have been fabulous. Like Mark said,

1618
01:15:44,000 --> 01:15:46,840
Speaker 2: They're all brilliant, well looked after. What I can tell

1619
01:15:46,880 --> 01:15:49,160
Speaker 2: you is they do not have enough nurses, my ward,

1620
01:15:50,240 --> 01:15:52,760
Speaker 2: short staff. Push the help button can take ten minutes

1621
01:15:52,800 --> 01:15:54,760
Speaker 2: to arrive. I mean that's an ongoing situation. But I

1622
01:15:54,800 --> 01:15:57,439
Speaker 2: think what we learned from Mark's experience is that when

1623
01:15:57,439 --> 01:16:00,960
Speaker 2: it's needed, when push comes to shove, the Public Health

1624
01:16:01,000 --> 01:16:03,679
Speaker 2: Service does a great job, always has always well twenty

1625
01:16:03,680 --> 01:16:03,920
Speaker 2: two to.

1626
01:16:04,000 --> 01:16:08,280
Speaker 17: Nine international correspondence with ends and eye insurance, peace of

1627
01:16:08,320 --> 01:16:09,599
Speaker 17: mind for New Zealand business.

1628
01:16:09,640 --> 01:16:12,280
Speaker 8: See right mate, good o there.

1629
01:16:12,240 --> 01:16:15,400
Speaker 2: You just I could watch Kevin Rudd like one hundred

1630
01:16:15,400 --> 01:16:18,840
Speaker 2: times over and still not stop laughing. I know.

1631
01:16:19,640 --> 01:16:22,200
Speaker 8: And interestingly, in the twenty four hours since that occurred,

1632
01:16:22,240 --> 01:16:24,400
Speaker 8: were of course talking about how Donald Trump didn't know

1633
01:16:24,400 --> 01:16:27,599
Speaker 8: who he was. Then when he was pointed out sitting

1634
01:16:27,640 --> 01:16:30,519
Speaker 8: across the table from Donald Trump, Trump said, I don't

1635
01:16:30,720 --> 01:16:32,439
Speaker 8: like you. I don't think I ever will like you.

1636
01:16:33,439 --> 01:16:36,560
Speaker 8: The assessment now is that everybody's moved on. Kevin's a

1637
01:16:36,600 --> 01:16:39,680
Speaker 8: great bloke. He did a wonderful job getting this rare

1638
01:16:39,720 --> 01:16:43,160
Speaker 8: earth you'll signed up, and that he's the hardest working

1639
01:16:43,200 --> 01:16:47,479
Speaker 8: ambassador in Washington. Now, as you know, I have history

1640
01:16:47,479 --> 01:16:50,559
Speaker 8: with Kevin Rudd. He wrote a letter to my editor

1641
01:16:50,600 --> 01:16:53,639
Speaker 8: back in I don't I don't be grudgeous for very long,

1642
01:16:54,000 --> 01:16:56,960
Speaker 8: back in twenty twenty two May of twenty twenty two,

1643
01:16:57,920 --> 01:17:00,479
Speaker 8: where he called me the greatest non entity the history

1644
01:17:00,479 --> 01:17:05,960
Speaker 8: of Australian journalism and a gutless coward. So at the

1645
01:17:06,000 --> 01:17:09,200
Speaker 8: time Kevin was working in the New York doing something

1646
01:17:09,280 --> 01:17:11,320
Speaker 8: I don't know what, but this went on and on

1647
01:17:11,360 --> 01:17:14,720
Speaker 8: and on. He talked about what a dreadful person I was.

1648
01:17:16,360 --> 01:17:19,160
Speaker 8: And that's shore Kevin Rudd for you. But apparently now

1649
01:17:19,200 --> 01:17:22,040
Speaker 8: because he's managed to get this rare ass deal across

1650
01:17:22,040 --> 01:17:25,400
Speaker 8: the line, he's the greatest ambassador anyone ever put bread into.

1651
01:17:25,520 --> 01:17:29,400
Speaker 8: But like you, I was delighted to see Donald Trump

1652
01:17:29,479 --> 01:17:30,200
Speaker 8: monster Kevin.

1653
01:17:30,600 --> 01:17:33,759
Speaker 2: It was unreal. Now, Susan, I know, is he safe

1654
01:17:33,800 --> 01:17:36,559
Speaker 2: now in the job? Because you've just outlined the pro

1655
01:17:36,760 --> 01:17:39,519
Speaker 2: side of it the downside of it. He was as

1656
01:17:39,520 --> 01:17:42,559
Speaker 2: Susan l I was watching her yesterday, said he was

1657
01:17:42,560 --> 01:17:44,799
Speaker 2: the butt of the joke. I mean, he's the headline

1658
01:17:44,800 --> 01:17:45,320
Speaker 2: of the meeting.

1659
01:17:46,160 --> 01:17:49,080
Speaker 8: Here's the interesting thing about all of that. This now

1660
01:17:49,360 --> 01:17:53,519
Speaker 8: plays badly for her and the Liberals. Rudd is safe

1661
01:17:53,560 --> 01:17:56,960
Speaker 8: at houses was Albow's picked in the first place. Albertiz

1662
01:17:57,040 --> 01:18:00,960
Speaker 8: has aligned with him and he he can stay there.

1663
01:18:01,280 --> 01:18:04,639
Speaker 8: I think his terms up at the end of next

1664
01:18:04,680 --> 01:18:06,920
Speaker 8: year anyway. But he's in that job for as long

1665
01:18:06,960 --> 01:18:09,920
Speaker 8: as he wants it because of the positive outcomes that

1666
01:18:09,920 --> 01:18:11,840
Speaker 8: he's had. Look, it took too long to get a

1667
01:18:11,840 --> 01:18:15,519
Speaker 8: meeting with Trump, but the Trump meeting is being reported

1668
01:18:15,560 --> 01:18:17,880
Speaker 8: as being a raging success. I mean the two things,

1669
01:18:18,280 --> 01:18:21,439
Speaker 8: the three hundred and sixty eight billion yes, three hundred

1670
01:18:21,439 --> 01:18:26,519
Speaker 8: and sixty eight billion dollar Orcus submarine deal. Trump's back that,

1671
01:18:27,000 --> 01:18:30,719
Speaker 8: although there is some concern about whether we'll actually see

1672
01:18:30,720 --> 01:18:33,640
Speaker 8: these subs by twenty thirty, but that's the plan. And

1673
01:18:33,680 --> 01:18:36,680
Speaker 8: then you've got this thirteen billion dollar Critical Minerals and

1674
01:18:36,800 --> 01:18:41,320
Speaker 8: Rare Earth partnership. Now some people are reporting this this morning, Mike,

1675
01:18:41,360 --> 01:18:44,160
Speaker 8: and I think this is over the top as the

1676
01:18:44,200 --> 01:18:48,200
Speaker 8: next mineral boom for Australia. If you read the detail,

1677
01:18:48,280 --> 01:18:51,760
Speaker 8: it's fairly scant. Is it a good idea that we

1678
01:18:51,800 --> 01:18:55,240
Speaker 8: dig up rare earths and send them to America? Yes?

1679
01:18:55,280 --> 01:18:58,000
Speaker 8: Would it be better if we process them here? Even better?

1680
01:18:58,800 --> 01:19:02,040
Speaker 8: And does it give us strength against China trying to

1681
01:19:03,160 --> 01:19:06,040
Speaker 8: corner that market? Of course it does, so, all things

1682
01:19:06,080 --> 01:19:10,960
Speaker 8: being equal, Anthony Albernezi's visit was very successful.

1683
01:19:10,600 --> 01:19:12,280
Speaker 2: You've got to say, and it was pointed out, i

1684
01:19:12,320 --> 01:19:14,240
Speaker 2: think yesterday in the Australian media. If you look at

1685
01:19:14,240 --> 01:19:16,719
Speaker 2: elberon easy and the year before the election, he was toasted,

1686
01:19:16,760 --> 01:19:19,040
Speaker 2: He was an incompetent and it was going to be

1687
01:19:19,080 --> 01:19:22,040
Speaker 2: the first one term prime minister in forever, and you

1688
01:19:22,080 --> 01:19:25,000
Speaker 2: look at him now he can seemingly do no wrong,

1689
01:19:26,520 --> 01:19:27,040
Speaker 2: he will.

1690
01:19:26,880 --> 01:19:30,240
Speaker 8: Get another term, no doubt about that, probably too, so

1691
01:19:30,439 --> 01:19:33,599
Speaker 8: that then makes him a full term labor prime minister.

1692
01:19:34,040 --> 01:19:37,040
Speaker 8: And I mean lots of things can go wrong. I

1693
01:19:37,040 --> 01:19:39,799
Speaker 8: mean the economy is not great, unemployment starting to increase.

1694
01:19:39,840 --> 01:19:41,720
Speaker 8: You and I've talked about all of those things. But

1695
01:19:42,040 --> 01:19:44,559
Speaker 8: if he can secure four terms of a labor government,

1696
01:19:45,520 --> 01:19:47,320
Speaker 8: he'll be up there with Hawk.

1697
01:19:50,120 --> 01:19:52,040
Speaker 2: And who would have said that? Now listen, this isn't

1698
01:19:52,080 --> 01:19:55,479
Speaker 2: being reported here and I suspect the will. But Mike Bush,

1699
01:19:55,520 --> 01:19:58,439
Speaker 2: who you know that we know, and Richard Chambers who

1700
01:19:58,479 --> 01:20:02,040
Speaker 2: we most certainly know what's happened in the helicopter, Well it.

1701
01:20:02,000 --> 01:20:03,960
Speaker 8: Would be about to be reported in New Zealand because

1702
01:20:03,960 --> 01:20:07,639
Speaker 8: you're not going to talk about it. The new Victorian

1703
01:20:07,640 --> 01:20:11,400
Speaker 8: Police Commissioner Mike Bush, ex New Zealand Commissioner, and as

1704
01:20:11,439 --> 01:20:15,200
Speaker 8: you said, the current New Zealand Police Commissioner Richard Chambers.

1705
01:20:15,680 --> 01:20:19,080
Speaker 8: On Monday, so Monday this week, decided it would be

1706
01:20:19,120 --> 01:20:21,800
Speaker 8: a good idea to take the Police air Wing helicopter

1707
01:20:22,600 --> 01:20:26,240
Speaker 8: then fly from Melbourne to Hobart for a police conference

1708
01:20:26,240 --> 01:20:30,120
Speaker 8: something called the Australia New Zealand Police Commissioner's Forum, which

1709
01:20:30,160 --> 01:20:31,320
Speaker 8: I bet you'd never heard of it.

1710
01:20:31,439 --> 01:20:32,679
Speaker 15: I have never heard of either.

1711
01:20:34,200 --> 01:20:38,040
Speaker 8: The chopper costs ten thousand dollars an hour to operate,

1712
01:20:38,640 --> 01:20:40,519
Speaker 8: and they could have got on a commercial flight if

1713
01:20:40,560 --> 01:20:42,320
Speaker 8: they wanted to fly an economy it was one hundred

1714
01:20:42,320 --> 01:20:48,040
Speaker 8: and fifty dollars one way. Vic Pol has said, look,

1715
01:20:48,200 --> 01:20:50,439
Speaker 8: the timing on a commercial jet wouldn't have worked. We

1716
01:20:50,479 --> 01:20:53,320
Speaker 8: had a meeting on Monday morning and we couldn't take

1717
01:20:53,360 --> 01:20:56,519
Speaker 8: a commercial plane. And they also tried to use the

1718
01:20:56,560 --> 01:21:00,640
Speaker 8: excuse that it was very windy in Hobart and the

1719
01:21:00,640 --> 01:21:03,639
Speaker 8: commercial plane might not have been able to land, which

1720
01:21:03,680 --> 01:21:07,080
Speaker 8: is nonsense because the Herald Suns checked all of commercial

1721
01:21:07,080 --> 01:21:09,679
Speaker 8: flights in and out of Hobart on Monday. They landed

1722
01:21:09,720 --> 01:21:12,400
Speaker 8: and took off without any problems. This is in the

1723
01:21:12,400 --> 01:21:15,639
Speaker 8: middle of a crime crisis. Now, Richard Chambers can't be blown,

1724
01:21:15,720 --> 01:21:17,360
Speaker 8: but certainly Mike Bush has got to have a good

1725
01:21:17,400 --> 01:21:19,599
Speaker 8: art look at himself. When you've got a police air

1726
01:21:19,640 --> 01:21:22,600
Speaker 8: wing chopper flying him and his key we mate to

1727
01:21:22,680 --> 01:21:25,320
Speaker 8: Hobart in the middle of a crime crisis. Takes the

1728
01:21:25,320 --> 01:21:28,800
Speaker 8: police helicopter out of operational use. In Melbourne, where you

1729
01:21:28,840 --> 01:21:32,360
Speaker 8: have carjackings every five minutes, people getting stabbed in the streets.

1730
01:21:32,400 --> 01:21:33,200
Speaker 8: It's not a good look.

1731
01:21:33,280 --> 01:21:35,280
Speaker 2: No, it is not. Just while I got you quickly.

1732
01:21:35,320 --> 01:21:38,320
Speaker 2: The Rex Airline sale. So this was your regional operator

1733
01:21:38,320 --> 01:21:40,720
Speaker 2: and they fell over and this American company's gone and

1734
01:21:40,720 --> 01:21:43,120
Speaker 2: bought them, is seen? Is this all good news? And

1735
01:21:43,160 --> 01:21:45,320
Speaker 2: rexes back and you're going to have more competition in

1736
01:21:45,320 --> 01:21:46,680
Speaker 2: the air and regional Australia is going to be a

1737
01:21:46,680 --> 01:21:48,360
Speaker 2: bitter save blah blah blah on that. We don't know.

1738
01:21:48,760 --> 01:21:50,559
Speaker 8: Well, you and I've been around long enough to know

1739
01:21:50,640 --> 01:21:54,200
Speaker 8: that the third commercial operator in Australia simply doesn't work.

1740
01:21:54,240 --> 01:21:56,439
Speaker 8: I mean, you've got Virgin Quantus and you've got Jetstar,

1741
01:21:57,040 --> 01:21:59,400
Speaker 8: and if you try and elbow another one in the

1742
01:21:59,400 --> 01:22:02,400
Speaker 8: middle air, it always seems to fall over. The Americans

1743
01:22:02,439 --> 01:22:04,679
Speaker 8: seem to think they can make this work. A lot

1744
01:22:04,680 --> 01:22:07,760
Speaker 8: of the operation of that company that is saying it'll

1745
01:22:07,760 --> 01:22:12,200
Speaker 8: buy Rex is freight as well and flying people out

1746
01:22:12,240 --> 01:22:15,200
Speaker 8: to mining sites. That sort of operation. I don't think

1747
01:22:15,240 --> 01:22:18,000
Speaker 8: it'll be REX reborn, It'll be Rex reshaped.

1748
01:22:18,120 --> 01:22:18,280
Speaker 13: OK.

1749
01:22:18,400 --> 01:22:20,040
Speaker 2: Mate, Nice to talk to you and we'll see you

1750
01:22:20,040 --> 01:22:23,000
Speaker 2: next week. Appreciate it. Steep price out of Australia. Other

1751
01:22:23,040 --> 01:22:25,200
Speaker 2: thing that Albanez is looking at doing is Glencore, the

1752
01:22:25,200 --> 01:22:28,439
Speaker 2: mountser copper smelter, is in some trouble. It looks like

1753
01:22:28,560 --> 01:22:31,040
Speaker 2: they may well have to bail them out, which is

1754
01:22:31,040 --> 01:22:36,360
Speaker 2: ironic in a minerals or mining boom. And they're Australia's

1755
01:22:36,400 --> 01:22:40,040
Speaker 2: third largest industrial facility. But they've already bailed that. You

1756
01:22:40,040 --> 01:22:43,599
Speaker 2: remember last year the South Australian Whaler steel Works, they

1757
01:22:43,640 --> 01:22:44,840
Speaker 2: got bailed out to the tune of two and a

1758
01:22:44,880 --> 01:22:47,080
Speaker 2: half billion dollars. So many jobs such as small town,

1759
01:22:47,120 --> 01:22:48,439
Speaker 2: so many jobs they had to bail them out, so

1760
01:22:48,479 --> 01:22:50,639
Speaker 2: the government got involved there. The latest is Glencres mount

1761
01:22:50,720 --> 01:22:54,080
Speaker 2: iSER copper smelter. So watch where that goes. Sixteen to two.

1762
01:22:55,479 --> 01:23:00,639
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio News Talks.

1763
01:23:00,640 --> 01:23:03,200
Speaker 2: That'd be just back to the Ika thing. Had no

1764
01:23:03,240 --> 01:23:05,720
Speaker 2: idea how much they're into forestry in this country, which

1765
01:23:05,760 --> 01:23:07,760
Speaker 2: of course opens opens up. And now let me get

1766
01:23:07,800 --> 01:23:09,800
Speaker 2: to the crux of the real part of the story

1767
01:23:09,800 --> 01:23:12,320
Speaker 2: that makes it contentious anyway, that their investment arm is

1768
01:23:12,360 --> 01:23:17,200
Speaker 2: called INCA, So ten thousand hectares of production forest takes

1769
01:23:17,240 --> 01:23:20,600
Speaker 2: the company's investment to thirty thousand hectares six hundred and

1770
01:23:20,680 --> 01:23:25,200
Speaker 2: sixteen million dollars worth of investment, nine existing forestry blocks,

1771
01:23:25,200 --> 01:23:29,840
Speaker 2: mostly pineous radiata. Isn't everything additional three thousand hectares of

1772
01:23:29,880 --> 01:23:33,080
Speaker 2: indigenous which is good, dedicated by a diversity, conservation, other

1773
01:23:33,160 --> 01:23:36,960
Speaker 2: environmental purposes, so that's good. Main focus focus was production

1774
01:23:37,080 --> 01:23:40,519
Speaker 2: as opposed to carbon farming, so that's encouraging they would focus.

1775
01:23:40,560 --> 01:23:43,160
Speaker 2: Now this is interesting. I don't know how real this is.

1776
01:23:43,640 --> 01:23:47,960
Speaker 2: They say they would focus on domestic processing and they're

1777
01:23:48,000 --> 01:23:51,200
Speaker 2: working to develop relationships with local saw mills and traders.

1778
01:23:51,200 --> 01:23:54,439
Speaker 2: Now is that true? I mean, how many saw mills

1779
01:23:54,520 --> 01:23:56,080
Speaker 2: and traders do we have in this country and how

1780
01:23:56,160 --> 01:23:58,160
Speaker 2: much ikea are they going to end up making? Or

1781
01:23:58,240 --> 01:24:00,760
Speaker 2: is this just greenwashing? At the end of the day,

1782
01:24:00,920 --> 01:24:03,479
Speaker 2: this big corporate comes and buys a few thousand, you know,

1783
01:24:03,600 --> 01:24:05,280
Speaker 2: hundreds of millions of dollars worth of forest and then

1784
01:24:05,280 --> 01:24:08,160
Speaker 2: they go and find Bob down in Tokoroa and so, Bob,

1785
01:24:08,160 --> 01:24:09,639
Speaker 2: can you saw a couple of trees up and make

1786
01:24:09,640 --> 01:24:11,800
Speaker 2: a stool for us? Or is there something more to

1787
01:24:11,840 --> 01:24:14,800
Speaker 2: it than this? We have no focus on carbon whatsoever.

1788
01:24:15,360 --> 01:24:18,200
Speaker 2: We have a pure timber business. So I get the rationale.

1789
01:24:18,200 --> 01:24:21,120
Speaker 2: Good on them for doing that part. Now here's your

1790
01:24:21,120 --> 01:24:24,240
Speaker 2: contentious part. Much of the land purchased since twenty one

1791
01:24:24,520 --> 01:24:29,479
Speaker 2: was farm land converted to forestry even from and this

1792
01:24:29,560 --> 01:24:32,439
Speaker 2: is the other part. I don't know that's necessarily true,

1793
01:24:32,640 --> 01:24:35,360
Speaker 2: even from the start. If we could buy a forest,

1794
01:24:35,479 --> 01:24:38,759
Speaker 2: we would have. Unfortunately, they don't come up for sale

1795
01:24:38,840 --> 01:24:44,920
Speaker 2: that often. Now technically that's true, but it's not like

1796
01:24:45,000 --> 01:24:47,920
Speaker 2: there haven't been forests up for sale. And I know

1797
01:24:48,000 --> 01:24:50,960
Speaker 2: there have been forests up for sale and they've been

1798
01:24:51,000 --> 01:24:52,960
Speaker 2: sold because they've been in the news and you get

1799
01:24:52,960 --> 01:24:55,800
Speaker 2: the OIA thing going on. So why wasn't I here

1800
01:24:55,800 --> 01:24:58,480
Speaker 2: into all of those as opposed to just converting farmland

1801
01:24:58,560 --> 01:25:01,240
Speaker 2: into forestry and are actually what is it they're adding

1802
01:25:01,240 --> 01:25:04,559
Speaker 2: to the country. So they're going to find this sow

1803
01:25:04,600 --> 01:25:07,000
Speaker 2: milling industry that I'm not aware that we've actually got,

1804
01:25:07,600 --> 01:25:09,879
Speaker 2: and they're going to what makes my key of furniture

1805
01:25:09,920 --> 01:25:13,919
Speaker 2: with that they've converted farmland to forestry. They're not interested

1806
01:25:13,960 --> 01:25:16,720
Speaker 2: in carbon So they're going to cut all these trees down,

1807
01:25:16,760 --> 01:25:19,680
Speaker 2: are they? And if so, who's going to and if

1808
01:25:19,720 --> 01:25:21,599
Speaker 2: they can't find somebody locally, they're going to do it.

1809
01:25:22,240 --> 01:25:23,880
Speaker 2: Bring somebody in so you see what I'm saying. There's

1810
01:25:23,880 --> 01:25:26,759
Speaker 2: a few quicks. It sounds good on the press release,

1811
01:25:27,200 --> 01:25:30,160
Speaker 2: needs a bit more investigation. Turn away from nine for.

1812
01:25:30,120 --> 01:25:34,280
Speaker 1: The Mike Hosking Breakfast with a Vida Retirement Communities News

1813
01:25:34,360 --> 01:25:34,920
Speaker 1: togs Head.

1814
01:25:34,880 --> 01:25:41,680
Speaker 2: Be just reading in New Zealand. Doesn't look good. So

1815
01:25:41,800 --> 01:25:45,639
Speaker 2: the guidance for the first half of twenty six expected

1816
01:25:45,720 --> 01:25:48,679
Speaker 2: to be similar or less than reported in the second

1817
01:25:48,720 --> 01:25:51,920
Speaker 2: half of twenty five. They're expecting a two to three

1818
01:25:51,920 --> 01:25:54,879
Speaker 2: percent uplift and revenue across domestic in US bound bookings.

1819
01:25:55,439 --> 01:25:58,599
Speaker 2: This is not materialized to date and is not yet

1820
01:25:58,600 --> 01:26:01,680
Speaker 2: evident in the current forward booking profile. So they'd like it,

1821
01:26:01,720 --> 01:26:05,080
Speaker 2: but it hasn't happened. Economy remains subdued. I don't think

1822
01:26:05,080 --> 01:26:07,160
Speaker 2: they're telling us anything. We don't know engine lease costs

1823
01:26:07,160 --> 01:26:08,680
Speaker 2: for the fifth This sounds weird. Are we giving the

1824
01:26:08,720 --> 01:26:10,040
Speaker 2: guy on Tomorrow's he coming on tomorrow?

1825
01:26:10,080 --> 01:26:10,200
Speaker 21: Right?

1826
01:26:10,240 --> 01:26:12,280
Speaker 2: The new chief executives coming on tomorrow? So this week's

1827
01:26:12,280 --> 01:26:16,599
Speaker 2: so well, huh yeah, I'll get to that. Don't panic, Glyn.

1828
01:26:18,000 --> 01:26:20,519
Speaker 2: Engine lease costs for the first half are now expected

1829
01:26:20,560 --> 01:26:23,519
Speaker 2: to be approximately twenty million dollars higher recognition of the

1830
01:26:23,520 --> 01:26:26,439
Speaker 2: indo lease obligations, two short term aircraft losses not previously

1831
01:26:26,439 --> 01:26:30,439
Speaker 2: included in the outlook. There's some carbon offset money. They

1832
01:26:30,439 --> 01:26:33,639
Speaker 2: didn't expect to pay another ten million dollars there. They're

1833
01:26:33,640 --> 01:26:37,200
Speaker 2: still negotiating with the injured manufacturers regarding appropriate levels of compensation,

1834
01:26:37,280 --> 01:26:39,200
Speaker 2: so none of this sounds good. They now expect a

1835
01:26:39,240 --> 01:26:42,120
Speaker 2: loss before taxation for the first half of twenty six

1836
01:26:42,439 --> 01:26:44,840
Speaker 2: and the range of thirty to fifty five million dollars.

1837
01:26:45,280 --> 01:26:52,840
Speaker 2: It's all about six away from nine asking we'd want

1838
01:26:52,880 --> 01:26:55,680
Speaker 2: to take over that job as of tomorrow anyway. Now

1839
01:26:55,720 --> 01:26:57,120
Speaker 2: we often think of hearing us. I've got to tell

1840
01:26:57,120 --> 01:27:00,000
Speaker 2: you about my good friends that Resonate Now it's connected

1841
01:27:00,200 --> 01:27:02,080
Speaker 2: to the hearing aids that are connected to much more

1842
01:27:02,120 --> 01:27:03,960
Speaker 2: than you know just hearing loss. You've got your balance,

1843
01:27:03,960 --> 01:27:06,640
Speaker 2: you got your sleep, you got your memory, your concentration,

1844
01:27:07,160 --> 01:27:09,800
Speaker 2: even at risk of demetia. So what Resonate Health did

1845
01:27:09,880 --> 01:27:13,880
Speaker 2: is they built EAR three sixty, most comprehensive hearing health

1846
01:27:13,880 --> 01:27:16,840
Speaker 2: assessment in the country over one hour. EAR three sixty

1847
01:27:16,880 --> 01:27:18,720
Speaker 2: looks at one hundred and ten different areas of your

1848
01:27:18,760 --> 01:27:22,240
Speaker 2: health and how hearing interacts with them. Not a sales pitch.

1849
01:27:22,280 --> 01:27:25,200
Speaker 2: It's a proper hearing health assessment because poor hearing can

1850
01:27:25,240 --> 01:27:27,960
Speaker 2: ripple into fatigue in isolation, it maybe even falls and

1851
01:27:28,000 --> 01:27:30,400
Speaker 2: EAR three sixty helps you understand the full picture and

1852
01:27:30,439 --> 01:27:32,599
Speaker 2: make better decisions. What more can you ask for? Right now?

1853
01:27:32,640 --> 01:27:36,240
Speaker 2: If you mentioned mike me, you receive fifty percent off

1854
01:27:36,240 --> 01:27:39,799
Speaker 2: your EAR three sixty assessment booked today eight hundred Resonate

1855
01:27:40,479 --> 01:27:43,519
Speaker 2: eight hundred and seventy three seven sixty sixty two or

1856
01:27:43,560 --> 01:27:46,880
Speaker 2: head to Resonate health dot co dot nz.

1857
01:27:47,520 --> 01:27:52,559
Speaker 11: Trending now with Chemist Warehouse Celebrate big brands and biggest savings.

1858
01:27:52,960 --> 01:27:56,000
Speaker 2: Been monitoring this all morning, the global dairy trade thing.

1859
01:27:56,040 --> 01:27:58,840
Speaker 2: They still haven't fixed it. How long does it take

1860
01:27:59,040 --> 01:28:03,439
Speaker 2: when you cock something up? Technologically speaking? This when we

1861
01:28:03,479 --> 01:28:06,400
Speaker 2: were looking at three thirty, it's like six hours ago.

1862
01:28:06,439 --> 01:28:07,719
Speaker 2: For god's sake, what are they doing?

1863
01:28:07,920 --> 01:28:09,280
Speaker 19: AWS related?

1864
01:28:09,320 --> 01:28:11,920
Speaker 2: I wonder that would be as related? Sorry, Glenn.

1865
01:28:11,960 --> 01:28:17,559
Speaker 11: We're trending now with Chemist ware House, Great savings every day.

1866
01:28:17,800 --> 01:28:19,599
Speaker 2: What's happening here six sixty right? You know?

1867
01:28:19,640 --> 01:28:19,800
Speaker 8: Then?

1868
01:28:20,000 --> 01:28:23,439
Speaker 2: They announced yesterday a new Country and Roots Festival. It's

1869
01:28:23,479 --> 01:28:27,679
Speaker 2: in January being held at the Medicana Country Park. Matthew Walters,

1870
01:28:27,720 --> 01:28:29,840
Speaker 2: who's the lead singer, of course of six sixty. He

1871
01:28:29,960 --> 01:28:32,040
Speaker 2: was on with Heather and this came up.

1872
01:28:33,160 --> 01:28:35,640
Speaker 27: Now listen, just put just to spell the smith. You

1873
01:28:35,640 --> 01:28:38,200
Speaker 27: haven't set this festival up entirely for Mike Hosking, have

1874
01:28:38,320 --> 01:28:42,360
Speaker 27: you what? Because he's a country music lover and he

1875
01:28:42,439 --> 01:28:44,840
Speaker 27: lives in Madicana and he's going to be taking a

1876
01:28:44,840 --> 01:28:46,800
Speaker 27: long break over summer. It just feels like this is

1877
01:28:46,840 --> 01:28:48,360
Speaker 27: just is just done for him.

1878
01:28:48,880 --> 01:28:50,320
Speaker 3: Let's just run with that, with that story.

1879
01:28:50,320 --> 01:28:51,559
Speaker 21: I think it's going to be good for his ego.

1880
01:28:51,680 --> 01:28:54,720
Speaker 27: Rename it you could probably will his ego will love it.

1881
01:28:54,760 --> 01:28:57,640
Speaker 27: You could rename it the Mike Hoskin Country Festival.

1882
01:28:57,439 --> 01:28:59,000
Speaker 3: Sponsored by Sponsorb.

1883
01:28:59,439 --> 01:29:01,759
Speaker 21: We'll get them all. Give him a VIP area. Mate,

1884
01:29:02,600 --> 01:29:02,880
Speaker 21: This is.

1885
01:29:02,880 --> 01:29:04,240
Speaker 27: Becoming real for him right now?

1886
01:29:04,600 --> 01:29:06,400
Speaker 2: Do you best of like with it? I really appreciate

1887
01:29:06,439 --> 01:29:07,120
Speaker 2: you talking to us much.

1888
01:29:07,120 --> 01:29:08,679
Speaker 27: You Walter's six sixty front.

1889
01:29:08,720 --> 01:29:16,040
Speaker 2: Then we're not all the same, spite what Barry said,

1890
01:29:16,040 --> 01:29:17,960
Speaker 2: you're all the same. You know we're not. I'm not

1891
01:29:18,080 --> 01:29:23,280
Speaker 2: like her. I'm nothing like her. What's her name? Again?

1892
01:29:25,040 --> 01:29:27,280
Speaker 2: That is us for the day, And the fact is

1893
01:29:27,320 --> 01:29:28,800
Speaker 2: it's just down though it is down the road. We

1894
01:29:28,800 --> 01:29:30,880
Speaker 2: were talking about a possibility of holding it at my place,

1895
01:29:32,040 --> 01:29:34,240
Speaker 2: and I had a little glamping area out the back,

1896
01:29:34,400 --> 01:29:35,760
Speaker 2: and I had it all sorted out. And I've got

1897
01:29:35,800 --> 01:29:37,920
Speaker 2: an amphitheater. Somebody said to me yesterday, have you got

1898
01:29:37,920 --> 01:29:40,000
Speaker 2: an amphitheater? And it turns out I've got an amphitheater,

1899
01:29:40,080 --> 01:29:41,320
Speaker 2: and not everyone can say that.

1900
01:29:41,880 --> 01:29:44,320
Speaker 19: Are we going to have literal dueling banjos?

1901
01:29:44,439 --> 01:29:47,400
Speaker 2: Is that what you're talking about? And by the way,

1902
01:29:47,439 --> 01:29:51,120
Speaker 2: Heather's not invite, no come in at the gate is

1903
01:29:51,160 --> 01:29:55,400
Speaker 2: what she will find back tomorrow morning. There's always happy Days.

1904
01:29:57,600 --> 01:30:00,479
Speaker 1: For more from the Mic Asking Breakfast, listen live to

1905
01:30:00,600 --> 01:30:03,679
Speaker 1: News Talks at B from six am weekdays, or follow

1906
01:30:03,720 --> 01:30:05,280
Speaker 1: the podcast on iHeartRadio.