1 00:00:00,800 --> 00:00:05,800 Speaker 1: Big news, bold opinions, the Mic Hosking Breakfast with the 2 00:00:05,920 --> 00:00:09,640 Speaker 1: Jaguar f base cut from a different class news togs. 3 00:00:09,480 --> 00:00:11,520 Speaker 2: Edben morning and welcome today. The police are really with 4 00:00:11,520 --> 00:00:13,360 Speaker 2: the lemon homicides and the month of your Blacks. Have 5 00:00:13,400 --> 00:00:14,920 Speaker 2: a few of us a little bit angsty over the 6 00:00:14,920 --> 00:00:17,079 Speaker 2: old win loss record of the Labor Party are trying 7 00:00:17,079 --> 00:00:19,040 Speaker 2: to start a tax debate, and the lads are and 8 00:00:19,079 --> 00:00:22,320 Speaker 2: the commisary box after eight are Richard Arnold and Karen Gilbert. 9 00:00:22,400 --> 00:00:25,560 Speaker 2: Is the internation of bus missus wicks PASKI. Welcome to 10 00:00:25,560 --> 00:00:28,360 Speaker 2: the new week seven pass six. The Bloomberg New Energy 11 00:00:28,520 --> 00:00:31,720 Speaker 2: Finance people have issued a warning to Australians and in 12 00:00:31,840 --> 00:00:34,160 Speaker 2: that warning is the reality basically of the whole world. 13 00:00:34,200 --> 00:00:37,519 Speaker 2: To reach the climate target that Australia set for itself 14 00:00:37,560 --> 00:00:40,479 Speaker 2: by twenty thirty i e. About five years away, they 15 00:00:40,520 --> 00:00:42,880 Speaker 2: will need to increase the share of renewables that feeds 16 00:00:42,880 --> 00:00:45,680 Speaker 2: the power grid by eighty seven percent, not eight or 17 00:00:45,720 --> 00:00:49,040 Speaker 2: seven eighty seven. Obviously they're not going to do it. 18 00:00:49,040 --> 00:00:50,839 Speaker 2: It reminded me of our New Zealand's call the other 19 00:00:50,920 --> 00:00:53,840 Speaker 2: week in dropping some of their climate targets. Reality came 20 00:00:53,920 --> 00:00:56,400 Speaker 2: knocking in Instead of lying or greenwashing their way around it, 21 00:00:56,400 --> 00:00:58,080 Speaker 2: they told the truth. And the truth is they can't 22 00:00:58,080 --> 00:01:00,920 Speaker 2: do it. Small clue. Neither can Australia. Neither will the 23 00:01:01,040 --> 00:01:03,640 Speaker 2: United States or China, or India or Brazil or any 24 00:01:03,680 --> 00:01:06,080 Speaker 2: number of other major polluters who either can't or won't, 25 00:01:06,240 --> 00:01:08,600 Speaker 2: which then brings in the age old question, doesn't it 26 00:01:08,680 --> 00:01:11,880 Speaker 2: How hard should a country like ours try to do 27 00:01:11,920 --> 00:01:14,880 Speaker 2: something that will, in all reality make no difference. Now, 28 00:01:14,959 --> 00:01:17,560 Speaker 2: up to this point, I've largely argued we should at 29 00:01:17,640 --> 00:01:20,160 Speaker 2: least try, and we should be seen to be trying 30 00:01:20,440 --> 00:01:22,119 Speaker 2: and be seen to be doing our part. It's good 31 00:01:22,200 --> 00:01:23,920 Speaker 2: to be a good citizen, to be on the right 32 00:01:23,959 --> 00:01:26,280 Speaker 2: side of history. But as each day passes, and each 33 00:01:26,319 --> 00:01:29,080 Speaker 2: report is produced, and each alarmist utterance issued by people 34 00:01:29,120 --> 00:01:31,080 Speaker 2: like a terrace at the UN about the world burning, 35 00:01:31,360 --> 00:01:34,199 Speaker 2: as problematic as the environment might be, it's increasingly clear 36 00:01:34,200 --> 00:01:36,880 Speaker 2: a lot of people will not be walking the walk old. 37 00:01:36,880 --> 00:01:39,680 Speaker 2: The talk was easy, The rest is falling by the wayside. 38 00:01:39,760 --> 00:01:42,200 Speaker 2: It's like the twenty twenty argument. Remember that turned into 39 00:01:42,200 --> 00:01:45,320 Speaker 2: a farce. How different everything would be by the time 40 00:01:45,360 --> 00:01:47,800 Speaker 2: we got to twenty twenty, until, of course, it wasn't 41 00:01:48,040 --> 00:01:52,000 Speaker 2: twenty thirty as the next twenty twenty in Australia, our neighbor, 42 00:01:52,080 --> 00:01:54,240 Speaker 2: one of our biggest trading partners, needs to boost the 43 00:01:54,280 --> 00:01:58,200 Speaker 2: renewables by an amount they are simply not able to. Obviously, 44 00:01:58,240 --> 00:02:00,920 Speaker 2: the argument will be repeated as we reached the famed 45 00:02:01,280 --> 00:02:04,640 Speaker 2: Paris twenty to fifty tagging. So if we can, but 46 00:02:04,720 --> 00:02:07,960 Speaker 2: it counts for nothing. Should we? If we pay an 47 00:02:07,960 --> 00:02:11,000 Speaker 2: economic price for doing the right thing while others don't, 48 00:02:11,840 --> 00:02:13,200 Speaker 2: should we? 49 00:02:14,480 --> 00:02:16,720 Speaker 1: News of the World in ninety. 50 00:02:16,400 --> 00:02:18,720 Speaker 2: Six couple bides riding in Britain as well over the weekend, 51 00:02:18,760 --> 00:02:21,520 Speaker 2: the new government trying and still struggling really to justify 52 00:02:21,520 --> 00:02:24,160 Speaker 2: the accoutting of heating payments to pinchoners. Their own Health 53 00:02:24,200 --> 00:02:25,280 Speaker 2: Minister isn't convinced. 54 00:02:25,320 --> 00:02:27,960 Speaker 3: I'm not remotely happy about it, and I'm not remotely 55 00:02:27,960 --> 00:02:30,960 Speaker 3: happy about having to save some of my constituents. I'm 56 00:02:30,960 --> 00:02:33,160 Speaker 3: sorry that I'm going into work this week to vote 57 00:02:33,200 --> 00:02:36,000 Speaker 3: for something that will take money away from you. 58 00:02:36,040 --> 00:02:38,400 Speaker 2: Ah The Unions of Widen with the idea that a 59 00:02:38,400 --> 00:02:39,880 Speaker 2: good old tax rise might help. 60 00:02:39,960 --> 00:02:42,200 Speaker 3: Why do those who get their income from shares and 61 00:02:42,200 --> 00:02:44,040 Speaker 3: from property pay a low rate of tax than those 62 00:02:44,080 --> 00:02:46,960 Speaker 3: who out to work every day, how can we tax 63 00:02:47,000 --> 00:02:47,679 Speaker 3: wealth effectively? 64 00:02:47,680 --> 00:02:49,880 Speaker 2: In this contact, which leads us to the Tories who 65 00:02:49,880 --> 00:02:52,559 Speaker 2: are linking tax increases to health waiting lists. 66 00:02:52,520 --> 00:02:56,200 Speaker 4: For report, I fear is cover for the Labor Party 67 00:02:56,240 --> 00:03:00,280 Speaker 4: to raise our taxes in the budget in October. And 68 00:03:00,320 --> 00:03:02,640 Speaker 4: we need to have a grown up conversation about the NHS. 69 00:03:02,680 --> 00:03:04,079 Speaker 4: But this is not the way to go about it. 70 00:03:04,120 --> 00:03:06,040 Speaker 2: Ah, Yes, the NHS. Are they going to plan to 71 00:03:06,120 --> 00:03:08,119 Speaker 2: drop the waiting time to eighteen weeks? You know one 72 00:03:08,160 --> 00:03:10,720 Speaker 2: thing that works is what's called elective hubs. These are 73 00:03:10,720 --> 00:03:13,240 Speaker 2: places that just do elective surgery. 74 00:03:13,360 --> 00:03:15,760 Speaker 3: Now we know they're twenty percent more efficient, but we 75 00:03:15,919 --> 00:03:17,079 Speaker 3: just don't have nearly enough. 76 00:03:17,120 --> 00:03:19,040 Speaker 2: We need twice as many of those if we're going 77 00:03:19,040 --> 00:03:21,320 Speaker 2: to meet that target. Then had a lot of interest 78 00:03:21,320 --> 00:03:23,680 Speaker 2: in the legal move to prosecute the father of the 79 00:03:23,720 --> 00:03:26,320 Speaker 2: Georgia school shooter. Many people are in the country, they're 80 00:03:26,360 --> 00:03:27,920 Speaker 2: fed up with these types of shootings. 81 00:03:28,080 --> 00:03:29,760 Speaker 5: They wanted to turn So if the. 82 00:03:30,240 --> 00:03:34,280 Speaker 2: Does come flow through looking for to prosecute the parents 83 00:03:34,520 --> 00:03:38,080 Speaker 2: who are giving access to guns to their children, then maybe. 84 00:03:37,800 --> 00:03:38,720 Speaker 6: That's one way to do it. 85 00:03:38,880 --> 00:03:41,400 Speaker 2: And it's debate week Wednesday our time, of course, Trumpet 86 00:03:41,480 --> 00:03:43,960 Speaker 2: Heiri's the only one officially lined up. Actually, there's only 87 00:03:43,960 --> 00:03:46,920 Speaker 2: one debate coming anyway. Some questions around how Harris defends 88 00:03:46,920 --> 00:03:49,200 Speaker 2: her moving smagas board of policy ideas. 89 00:03:49,240 --> 00:03:53,240 Speaker 7: Does she still think Afghanistan was a success? Does she 90 00:03:53,320 --> 00:03:55,880 Speaker 7: still want to take away Guess powered cars? Does she 91 00:03:55,920 --> 00:03:59,680 Speaker 7: still support the ninety three trillion dollar Green New Deal? 92 00:04:00,080 --> 00:04:03,320 Speaker 7: She still want to take away your health insurance? 93 00:04:03,760 --> 00:04:07,080 Speaker 2: Finally, the latest influencer health fad that's got the medical 94 00:04:07,120 --> 00:04:10,280 Speaker 2: field a little bit worried. It's a new health ritual 95 00:04:10,720 --> 00:04:14,960 Speaker 2: of drinking dead bacteria. They calling it post biotics. So 96 00:04:15,080 --> 00:04:18,080 Speaker 2: influence's climate improves digestions, can health and even helps with 97 00:04:18,200 --> 00:04:21,000 Speaker 2: weight loss. Doctors say, well, that's crap. It could damage 98 00:04:21,000 --> 00:04:24,320 Speaker 2: your gap function, calls vowel issues, and if you have 99 00:04:24,400 --> 00:04:27,160 Speaker 2: a healthy diet, you're already producing anything good that might 100 00:04:27,200 --> 00:04:29,680 Speaker 2: come from post biotics in the first place. Some that's 101 00:04:29,720 --> 00:04:31,720 Speaker 2: near to the world of ninety zecond quick up day. 102 00:04:31,760 --> 00:04:34,040 Speaker 2: By the way, when Joe was on the show Thursday 103 00:04:34,040 --> 00:04:36,440 Speaker 2: from Italy, she was telling us about mister Shan Juliano, 104 00:04:36,560 --> 00:04:40,839 Speaker 2: the culture minister who had a girlfriend called Bokia. He's 105 00:04:40,880 --> 00:04:44,679 Speaker 2: been on television over the weekend and Tea is crying, resigning, crying, 106 00:04:45,160 --> 00:04:49,040 Speaker 2: crying and resigning, also on television, crying, apologizing to his wife, 107 00:04:49,279 --> 00:04:53,880 Speaker 2: apologizing to Maloney. Maloney initially rejected his first offer of resignation. 108 00:04:54,520 --> 00:04:57,160 Speaker 2: She's been busy filling her Instagram account with pictures of 109 00:04:57,200 --> 00:05:01,920 Speaker 2: herself accompanying San Juliano to farious events. A guy called Bonelli, 110 00:05:02,279 --> 00:05:04,799 Speaker 2: who's the Green europe Party head, he filed a complaint 111 00:05:04,800 --> 00:05:07,919 Speaker 2: to the police. The audit Court is involved in it, 112 00:05:08,000 --> 00:05:10,120 Speaker 2: so the whole thing's a mess. Maloney's gone on X 113 00:05:10,560 --> 00:05:12,800 Speaker 2: called him a capable person and an honest man. I 114 00:05:12,880 --> 00:05:14,920 Speaker 2: have no idea why she did that. And a guy 115 00:05:14,920 --> 00:05:17,080 Speaker 2: called Julie who is the head of the Contemporary Arts 116 00:05:17,120 --> 00:05:20,160 Speaker 2: Museum has now got the job, so that particular scandal 117 00:05:20,480 --> 00:05:22,039 Speaker 2: is sorted. Twelve Pass six. 118 00:05:23,880 --> 00:05:28,039 Speaker 1: The Mike Asking Breakfast Full Show podcast on aheart radio 119 00:05:28,360 --> 00:05:29,640 Speaker 1: powered by News Talk. 120 00:05:29,520 --> 00:05:32,720 Speaker 2: Zip Meantime in Venezuela, they got a bunch of the 121 00:05:32,760 --> 00:05:36,599 Speaker 2: opposition in the Argentine Embassy hunkered down while the security 122 00:05:36,640 --> 00:05:41,280 Speaker 2: forces Venezuelan and security forces surround that particular facility. Gonzalez 123 00:05:41,320 --> 00:05:44,880 Speaker 2: has hopped on a military plane and he's scarped to Spain, 124 00:05:45,320 --> 00:05:48,760 Speaker 2: so that continues to unfold with increasing pace. Actually fifteen 125 00:05:48,800 --> 00:05:54,159 Speaker 2: past six Devin Funds Management, Monday morning, Greg Smith, morning 126 00:05:54,160 --> 00:05:57,240 Speaker 2: to you morning. Right, jobs, how'd they read them in 127 00:05:57,279 --> 00:05:58,360 Speaker 2: America on Friday? 128 00:05:59,320 --> 00:06:01,560 Speaker 8: Not so well from markets perspective, So these and ple 129 00:06:01,560 --> 00:06:03,880 Speaker 8: was down one point seven percent. So you look, we 130 00:06:03,920 --> 00:06:06,159 Speaker 8: saw the panic attack at the start of August that 131 00:06:06,200 --> 00:06:09,640 Speaker 8: you know, there's been worries about a hard economic landing 132 00:06:09,640 --> 00:06:11,480 Speaker 8: and the rate cuts will comes too late, and those 133 00:06:11,520 --> 00:06:14,919 Speaker 8: fears sort of resurfaced on Friday. So the US economy 134 00:06:14,920 --> 00:06:17,000 Speaker 8: created one hundred and forty two thousand jobs in August, 135 00:06:17,080 --> 00:06:19,000 Speaker 8: so you had the good news that was more than 136 00:06:19,080 --> 00:06:20,680 Speaker 8: what the labor force expanded by. It was up one 137 00:06:20,720 --> 00:06:23,919 Speaker 8: hundred and twenty thousand. But your job editions were up 138 00:06:23,920 --> 00:06:26,400 Speaker 8: from the revised eighty nine thousand and July, but twenty 139 00:06:26,480 --> 00:06:29,039 Speaker 8: thousand short of consensus, and that was the important thing. 140 00:06:29,320 --> 00:06:32,719 Speaker 8: Construction that was pretty strong, healthcare that was pretty strong. 141 00:06:32,760 --> 00:06:35,720 Speaker 8: Manufacturing lost twenty four thousand jobs at squares of the 142 00:06:35,760 --> 00:06:38,800 Speaker 8: slow down we're continuing to see there, but significantly as well, Mike. 143 00:06:38,880 --> 00:06:41,840 Speaker 8: The previous two months saw substantial downward revisions, and this 144 00:06:41,880 --> 00:06:43,800 Speaker 8: has been a bit of a theme. July that was 145 00:06:43,800 --> 00:06:46,839 Speaker 8: cut by twenty five thousand. June was cut by sixty 146 00:06:46,920 --> 00:06:50,440 Speaker 8: one thousand. So the jobs market's definitely calling. And the 147 00:06:50,520 --> 00:06:53,719 Speaker 8: interesting thing a job creation there has been has tilted 148 00:06:53,760 --> 00:06:56,680 Speaker 8: towards part time positions. So you look at the unemployment 149 00:06:56,760 --> 00:06:58,599 Speaker 8: rate that was four point two percent, that was pretty 150 00:06:58,640 --> 00:07:01,600 Speaker 8: much as expected, but look at the real unemployment rates 151 00:07:01,640 --> 00:07:04,160 Speaker 8: the people that are holding part time jobs but they 152 00:07:04,160 --> 00:07:07,200 Speaker 8: want to have full time ones. Discouraged workers that was 153 00:07:07,440 --> 00:07:10,960 Speaker 8: seven point nine percent, so highest reading since October twenty 154 00:07:11,000 --> 00:07:13,800 Speaker 8: twenty one. Wage growth that was up point four percent 155 00:07:13,840 --> 00:07:16,080 Speaker 8: on the month, So what does that all mean? What 156 00:07:16,560 --> 00:07:19,840 Speaker 8: just confirms that head of employment markets calling. We saw 157 00:07:19,920 --> 00:07:22,840 Speaker 8: last week other data showing the hirings at the slowest pace, 158 00:07:23,720 --> 00:07:26,760 Speaker 8: heading back to at least two thousand and five on 159 00:07:26,800 --> 00:07:30,840 Speaker 8: annual basis. Now Yellen Treasury Sextuary former Fed she issues 160 00:07:31,000 --> 00:07:34,000 Speaker 8: over the weekend reassuring some economy is still healthy, still 161 00:07:34,000 --> 00:07:37,160 Speaker 8: heading for a soft landing and lafts on board base. 162 00:07:37,480 --> 00:07:38,920 Speaker 8: So it probably means the feed is going to go, 163 00:07:38,960 --> 00:07:41,400 Speaker 8: of course on a rate cap next week. The market 164 00:07:41,440 --> 00:07:43,160 Speaker 8: is saying it's going to be a close call, whether 165 00:07:43,200 --> 00:07:46,160 Speaker 8: it's a quarter of percent or half percent. Trim are 166 00:07:46,160 --> 00:07:48,000 Speaker 8: probably going to need to more seven more data, and 167 00:07:48,040 --> 00:07:51,080 Speaker 8: we are getting That've got producer price and consumer price 168 00:07:51,120 --> 00:07:52,240 Speaker 8: inflation data this week. 169 00:07:52,320 --> 00:07:53,920 Speaker 2: Okay, do we need to freak come out of chip 170 00:07:53,920 --> 00:07:54,480 Speaker 2: makers or not? 171 00:07:55,320 --> 00:07:58,520 Speaker 8: Well, you've talked before, how you know, obviously past technological 172 00:07:58,520 --> 00:08:02,720 Speaker 8: innovations are often estimated in the short term, and we 173 00:08:02,800 --> 00:08:04,680 Speaker 8: might be getting this again. I mean, CHI stocks have 174 00:08:04,720 --> 00:08:07,640 Speaker 8: obviously been on a tag a bit in video. They've said, 175 00:08:07,720 --> 00:08:10,760 Speaker 8: you know that demands exceedingly robust, but they've also said 176 00:08:10,760 --> 00:08:12,760 Speaker 8: that gross has been slowing down. And we had another 177 00:08:12,760 --> 00:08:15,960 Speaker 8: report last week saying that chip sales were down eleven 178 00:08:16,000 --> 00:08:17,760 Speaker 8: percent a month a month in July. We had further 179 00:08:17,800 --> 00:08:20,440 Speaker 8: evidence of the slowdown and the chip sector on Friday. 180 00:08:20,480 --> 00:08:23,000 Speaker 8: So you got a broad com they produced several parts 181 00:08:23,000 --> 00:08:27,080 Speaker 8: are required for data centers also used in AI infrastructure, 182 00:08:27,200 --> 00:08:29,960 Speaker 8: and they beat estimates, but it was their guidance which 183 00:08:30,040 --> 00:08:32,959 Speaker 8: really alarmed. So foteen billion in revenues what they're looking 184 00:08:33,000 --> 00:08:37,080 Speaker 8: for for the fourth quarter. It was fractionally below estimates. 185 00:08:37,120 --> 00:08:39,640 Speaker 8: But yeah, the mark had a big reaction. So she's 186 00:08:39,679 --> 00:08:41,760 Speaker 8: a six and forty billion dollar chip maker. They fell 187 00:08:41,920 --> 00:08:44,880 Speaker 8: ten percent. Stocks still up sixty percent. Over the past year. 188 00:08:44,920 --> 00:08:47,160 Speaker 8: They reckon They were in about twelve billion in sales 189 00:08:47,160 --> 00:08:49,920 Speaker 8: from AI parts. That was up from a previous forecast 190 00:08:49,920 --> 00:08:51,720 Speaker 8: of eleven billion. But yeah, the market sort of left 191 00:08:52,200 --> 00:08:54,480 Speaker 8: wanting more. So just a reflects the amount of I 192 00:08:54,520 --> 00:08:57,240 Speaker 8: suppose expectation that's built in too, TIP related stocks and 193 00:08:57,280 --> 00:09:00,000 Speaker 8: particularly AI ones in video that was down four percent 194 00:09:00,040 --> 00:09:02,480 Speaker 8: on Friday. That was fourteen percent love for the week, 195 00:09:02,880 --> 00:09:06,120 Speaker 8: worst weekly performed since team betweeny twenty two. It still 196 00:09:06,120 --> 00:09:08,120 Speaker 8: we ended up worth around two and a half trillion 197 00:09:08,160 --> 00:09:11,400 Speaker 8: dollars there thereabouts, but it has worn twenty five percent 198 00:09:11,400 --> 00:09:14,079 Speaker 8: from its peak levels this year, so there has been 199 00:09:14,120 --> 00:09:15,280 Speaker 8: a bit of a reality check. 200 00:09:15,320 --> 00:09:17,360 Speaker 2: They might indeed give us a quick word on housing 201 00:09:17,400 --> 00:09:17,880 Speaker 2: in the UK. 202 00:09:18,600 --> 00:09:21,640 Speaker 8: Housing is up, so that's strongest anial growth since they've 203 00:09:21,640 --> 00:09:25,559 Speaker 8: been betweenty twenty two. Of course, the banking aid cut 204 00:09:25,640 --> 00:09:28,200 Speaker 8: rates at the start of August, so you've got mortgage 205 00:09:28,240 --> 00:09:30,840 Speaker 8: approvals doing pretty well. That the high sleven almost two years. 206 00:09:31,000 --> 00:09:33,960 Speaker 8: Not so good in the continent. GDP growth spended by 207 00:09:34,040 --> 00:09:37,439 Speaker 8: just two percent point two percent there in the second quarter, 208 00:09:37,600 --> 00:09:40,120 Speaker 8: up just point six percent from a year ago. Jimmy, 209 00:09:40,120 --> 00:09:44,400 Speaker 8: the Block's largest economy growth negative negative point one percent. 210 00:09:44,920 --> 00:09:47,080 Speaker 8: That was down from point two percent. And that's your production, 211 00:09:47,160 --> 00:09:50,480 Speaker 8: that slub two point four percent. Automotive secdown that production 212 00:09:50,679 --> 00:09:54,920 Speaker 8: fell by eight point one percent. So inflation is under control. 213 00:09:54,960 --> 00:09:57,320 Speaker 8: There might plenty of room and plenty of reasons for 214 00:09:57,320 --> 00:09:59,320 Speaker 8: the ECB to go game with the rate caut when 215 00:09:59,360 --> 00:10:00,600 Speaker 8: it meets late this week. 216 00:10:00,720 --> 00:10:02,120 Speaker 2: Give me some numbers. 217 00:10:02,480 --> 00:10:04,839 Speaker 8: Yeah, so we're a week. On Friday, the Dow was 218 00:10:04,880 --> 00:10:07,280 Speaker 8: down one percent, forty three four five s and p 219 00:10:07,320 --> 00:10:10,240 Speaker 8: Fivening down one point seven percent, down four point three 220 00:10:10,280 --> 00:10:12,200 Speaker 8: percent for the week. That was the worst week since 221 00:10:12,240 --> 00:10:15,439 Speaker 8: March twenty twenty three. There's that down two point six percent, 222 00:10:15,440 --> 00:10:18,240 Speaker 8: foot Sea down point seven percent, Nike down point seven 223 00:10:18,240 --> 00:10:20,920 Speaker 8: percent as well, ASEX two hundred a bit more positive 224 00:10:21,000 --> 00:10:23,680 Speaker 8: up point four percent, eight zero one three NZ fifty 225 00:10:23,679 --> 00:10:25,960 Speaker 8: We were down half percent, but we were aut one 226 00:10:25,960 --> 00:10:28,440 Speaker 8: point three percent for the week twelve sixty one five 227 00:10:28,800 --> 00:10:31,319 Speaker 8: goal down nineteen dollars two four nine seven one ounce 228 00:10:31,559 --> 00:10:34,240 Speaker 8: oil down on dollar fifty sixty seven spot sixty seven. 229 00:10:34,320 --> 00:10:36,439 Speaker 8: It's the lowest since late twenty twenty one for all 230 00:10:36,880 --> 00:10:39,400 Speaker 8: and the currency market's key week sixty one point eight 231 00:10:39,440 --> 00:10:42,880 Speaker 8: against the US down point eight percent, up slightly against 232 00:10:42,880 --> 00:10:45,800 Speaker 8: Ozzie ninety two point six. We were down against Stealing 233 00:10:46,000 --> 00:10:48,439 Speaker 8: forty seven point one. This week, we've got the US 234 00:10:48,440 --> 00:10:52,120 Speaker 8: inflation at ECB, we've got Ossie business and consumer conference 235 00:10:52,200 --> 00:10:55,000 Speaker 8: numbers we're earning tomorrowcle and we've obviously the great debate 236 00:10:55,720 --> 00:10:59,440 Speaker 8: locally manufacturing data, food inflation card spinning. Also on that note, 237 00:10:59,520 --> 00:11:01,240 Speaker 8: half year results from. 238 00:11:01,000 --> 00:11:03,439 Speaker 2: Brisco's look forward to it or go well, make apreciate it, 239 00:11:03,480 --> 00:11:07,760 Speaker 2: Greg Smith, devon funds management yield curve, yield curve, it's 240 00:11:08,080 --> 00:11:11,280 Speaker 2: gone inverted, gone normal, three seven nine, three nine to one. 241 00:11:11,320 --> 00:11:13,120 Speaker 2: What on earth does all of that mean? If you've 242 00:11:13,120 --> 00:11:15,600 Speaker 2: got an inverted yield curve? This is the This is 243 00:11:15,600 --> 00:11:17,960 Speaker 2: the two year versus the ten year swaps. This is 244 00:11:18,000 --> 00:11:21,240 Speaker 2: the wholesale interest rates. You want a number lower at 245 00:11:21,240 --> 00:11:25,040 Speaker 2: two years than you have at ten years if it's inverted. 246 00:11:25,160 --> 00:11:27,560 Speaker 2: In other words, the two years higher than the longer. 247 00:11:27,640 --> 00:11:30,440 Speaker 2: That's not good. Often leads to recession. That's where we 248 00:11:30,600 --> 00:11:33,880 Speaker 2: have been as of Friday in this country. It flipped 249 00:11:33,920 --> 00:11:36,920 Speaker 2: three seven nine versus three nine to one. We're on 250 00:11:36,960 --> 00:11:40,720 Speaker 2: our way to brighter days six twenty one. Here at 251 00:11:40,760 --> 00:11:41,640 Speaker 2: News Talks EDB. 252 00:11:47,040 --> 00:11:51,480 Speaker 1: The Vike Hosking Breakfast Full Show podcast on iHeartRadio powered 253 00:11:51,520 --> 00:11:52,240 Speaker 1: by News Talks. 254 00:11:52,280 --> 00:11:54,760 Speaker 2: It be quite the head of steam in America. Building 255 00:11:54,760 --> 00:11:56,920 Speaker 2: over this potential cut is at twenty five or fifty 256 00:11:56,960 --> 00:11:59,439 Speaker 2: fifty always indicates to me they cocked it up. And 257 00:11:59,679 --> 00:12:03,640 Speaker 2: Joe Stiglitz, who won a Nobel Prize for economics, seems 258 00:12:03,640 --> 00:12:05,920 Speaker 2: to agree with the general theory that they'll need to 259 00:12:05,960 --> 00:12:07,800 Speaker 2: go a half point because they went too hard in 260 00:12:07,840 --> 00:12:10,360 Speaker 2: the first place. But we shall wait and see. Meantime, 261 00:12:10,400 --> 00:12:11,959 Speaker 2: the French are all angsty over the weekend. Do the 262 00:12:11,960 --> 00:12:14,319 Speaker 2: French do anything over the weekend apart from protest just 263 00:12:14,360 --> 00:12:15,760 Speaker 2: as a general thing? Do they ever go out and 264 00:12:15,760 --> 00:12:17,800 Speaker 2: have a good time or do they just protest? So 265 00:12:17,920 --> 00:12:21,080 Speaker 2: last week Macron decides barneyer as yu Man to be 266 00:12:21,160 --> 00:12:24,560 Speaker 2: Prime Minister and tasks and with trying to form some 267 00:12:24,600 --> 00:12:27,320 Speaker 2: sort of government or the Left leenas led by Jean 268 00:12:27,720 --> 00:12:31,600 Speaker 2: Luke Mechan, they say completely unacceptable. There were one hundred 269 00:12:31,640 --> 00:12:34,079 Speaker 2: and thirty protests over the weekend all over the place, 270 00:12:34,840 --> 00:12:36,520 Speaker 2: dot matter where you were in France. Over the weekend, 271 00:12:36,520 --> 00:12:38,959 Speaker 2: there was a protest to be found protesting the appointment 272 00:12:39,000 --> 00:12:40,760 Speaker 2: of Barneo. So they don't have a government. They don't 273 00:12:40,800 --> 00:12:42,199 Speaker 2: like that. And when they do get a government, or 274 00:12:42,320 --> 00:12:43,720 Speaker 2: get a bloke who can give you a government, they 275 00:12:43,760 --> 00:12:44,520 Speaker 2: don't like that either. 276 00:12:45,040 --> 00:12:50,080 Speaker 9: Sex twenty five trending now as the home of Big 277 00:12:50,120 --> 00:12:50,959 Speaker 9: Brand cosmetics. 278 00:12:50,960 --> 00:12:53,600 Speaker 2: Now college football US college football. It's week three of 279 00:12:53,640 --> 00:12:55,600 Speaker 2: the season. We got an upset for the ages, the 280 00:12:55,640 --> 00:12:58,880 Speaker 2: Northern Illinois Huskies. They're playing the Fame notes for Dame. 281 00:13:00,240 --> 00:13:04,000 Speaker 10: Them sixty two yarder snap hoo jeus kick that's fuck, 282 00:13:04,360 --> 00:13:05,040 Speaker 10: it's fucked. 283 00:13:05,320 --> 00:13:06,679 Speaker 11: It's like picked up by you. 284 00:13:07,559 --> 00:13:10,439 Speaker 1: The Huskies has done it, the Buskies. 285 00:13:10,640 --> 00:13:15,320 Speaker 9: But the biggest upset and IU this street, n IU sixteen, 286 00:13:15,880 --> 00:13:17,440 Speaker 9: Notre Dame fourteen. 287 00:13:17,800 --> 00:13:21,280 Speaker 10: The football gods we're shining down. 288 00:13:20,679 --> 00:13:23,480 Speaker 2: And you andy guy, see who's the longtime voice of 289 00:13:23,520 --> 00:13:25,200 Speaker 2: the Huskies. And it was a bit much too for 290 00:13:25,200 --> 00:13:27,559 Speaker 2: the head catch Thomas Hammock as they got the team's 291 00:13:27,600 --> 00:13:29,480 Speaker 2: first ever went against the top ten opponent. 292 00:13:29,880 --> 00:13:35,880 Speaker 12: I'm so proud of our kids, the coaches, to everybody. 293 00:13:35,559 --> 00:13:36,200 Speaker 13: They believe. 294 00:13:37,200 --> 00:13:40,640 Speaker 14: Hey, they believe, and we came there. 295 00:13:40,559 --> 00:13:41,320 Speaker 2: And got it done. 296 00:13:41,520 --> 00:13:44,120 Speaker 12: They listened to what I said. I told them all 297 00:13:44,160 --> 00:13:47,840 Speaker 12: week we don't need luck. We just gotta be our best. 298 00:13:48,320 --> 00:13:51,280 Speaker 12: And there was their best today and we were able 299 00:13:51,320 --> 00:13:54,000 Speaker 12: to get it done. You know, no matter the situation, 300 00:13:56,040 --> 00:13:59,000 Speaker 12: I just could be more proud. I'm sorry, I'm sorry. 301 00:13:59,360 --> 00:14:02,360 Speaker 2: Fantastic. So that's college football. As regards the NFL, which 302 00:14:02,360 --> 00:14:04,600 Speaker 2: has also underway, got underway over the weekend. Tarrek Hill 303 00:14:04,720 --> 00:14:07,080 Speaker 2: was one of the biggest names in the game plays 304 00:14:07,080 --> 00:14:10,080 Speaker 2: for the Miami Dolphins. He's last time I saw him, 305 00:14:10,120 --> 00:14:12,720 Speaker 2: which was about half an hour ago, lying on the 306 00:14:12,760 --> 00:14:17,160 Speaker 2: ground outside as McLaren on his way to practice or 307 00:14:17,200 --> 00:14:19,560 Speaker 2: the game as it will be today, and there's several 308 00:14:19,600 --> 00:14:21,800 Speaker 2: cops on top of them, and I'm thinking he's probably 309 00:14:21,800 --> 00:14:23,280 Speaker 2: going to be late. So we'll get the update from 310 00:14:23,360 --> 00:14:25,560 Speaker 2: Richard Arnold shortly. I'm sure you're up with Dick Cheney 311 00:14:26,000 --> 00:14:28,560 Speaker 2: over the weekend. He's going to be voting for the 312 00:14:28,640 --> 00:14:30,840 Speaker 2: one that isn't the Republican. And I've got some good 313 00:14:30,840 --> 00:14:33,040 Speaker 2: news if you missed it. Rfk, who I told you 314 00:14:33,120 --> 00:14:36,040 Speaker 2: last week, was still stuck on the ballast in a 315 00:14:36,120 --> 00:14:38,360 Speaker 2: number of swing states. They went to court over the 316 00:14:38,360 --> 00:14:41,040 Speaker 2: weekend and they've got them pulled so he will not 317 00:14:41,120 --> 00:14:44,000 Speaker 2: be on the ballot. In North Carolina and in Michigan, 318 00:14:44,320 --> 00:14:46,840 Speaker 2: courts ruled that so that's very good news for Donald Trump. 319 00:14:46,960 --> 00:14:49,360 Speaker 2: So we're prepping for the big debate this week. Wednesday, 320 00:14:49,480 --> 00:14:52,800 Speaker 2: New Zealand Time Richard Arnold with more after the News, 321 00:14:52,800 --> 00:14:54,680 Speaker 2: which is next terror news talks he'd. 322 00:14:54,520 --> 00:15:01,040 Speaker 1: Be demanding from the decision makers. The Mike Tasking breakfast 323 00:15:01,400 --> 00:15:05,600 Speaker 1: with Bailey's real Estate. Your local experts across residential, commercial 324 00:15:05,680 --> 00:15:07,400 Speaker 1: and rural news togs had been. 325 00:15:07,280 --> 00:15:10,120 Speaker 2: Mike Anny updates on the Manrooa. Maria de Barcle Steve 326 00:15:10,200 --> 00:15:12,640 Speaker 2: are The announced last week that they wanted more time 327 00:15:12,680 --> 00:15:14,640 Speaker 2: to continue the investigation. Got quite a bit of polling, 328 00:15:14,640 --> 00:15:16,600 Speaker 2: by the way, some out of America, I'll give you shortly, 329 00:15:16,640 --> 00:15:18,840 Speaker 2: but a couple out of australiakering Gilbert with us after 330 00:15:18,920 --> 00:15:21,520 Speaker 2: run eight thirty this morning. This is a News limited poll. 331 00:15:21,600 --> 00:15:23,840 Speaker 2: Labours down to twenty four percent in Queensland twenty eight 332 00:15:23,840 --> 00:15:25,760 Speaker 2: and Victoria thirty two in New South Wales. So the 333 00:15:25,760 --> 00:15:29,600 Speaker 2: government in trouble on a two party preferred labours being 334 00:15:29,680 --> 00:15:32,560 Speaker 2: pansed by the coalition in Queensland fifty seven forty three, 335 00:15:33,080 --> 00:15:35,240 Speaker 2: fifty two to forty eight in Victoria, New South Wales 336 00:15:35,240 --> 00:15:37,560 Speaker 2: it's tired fifty to fifty. So some more numbers on 337 00:15:37,560 --> 00:15:40,800 Speaker 2: that actually in the moment twenty three to seven. Now 338 00:15:41,040 --> 00:15:43,160 Speaker 2: back home, we got the old land confusion debate that's 339 00:15:43,160 --> 00:15:45,000 Speaker 2: alive and well in rural in New Zealand at the moment. 340 00:15:45,000 --> 00:15:46,920 Speaker 2: We've got a warning from AFCO as in the meat 341 00:15:46,920 --> 00:15:49,440 Speaker 2: process is that jobs will be lost, plants will be 342 00:15:49,520 --> 00:15:52,840 Speaker 2: shut due to declining livestock numbers. We're expected to be 343 00:15:52,880 --> 00:15:55,680 Speaker 2: a million lambs short this year. So why well, because 344 00:15:55,760 --> 00:15:58,600 Speaker 2: land's been converted of course to pine trees. Federated Farmers 345 00:15:58,600 --> 00:16:00,960 Speaker 2: Meat and Will Industry Group Chairtoe Williams is with us 346 00:16:00,960 --> 00:16:04,200 Speaker 2: on this Toby Morning to you of all the stuff 347 00:16:04,240 --> 00:16:06,360 Speaker 2: that's been talked about in rural New Zealand at the moment, 348 00:16:06,400 --> 00:16:08,440 Speaker 2: this conversion to pine trees and stuff. How big a 349 00:16:08,440 --> 00:16:08,960 Speaker 2: deal is it? 350 00:16:09,920 --> 00:16:11,560 Speaker 15: Oh, it's a pretty big deal. We've been talking about 351 00:16:11,560 --> 00:16:13,400 Speaker 15: it for about four or five years now when we're 352 00:16:13,400 --> 00:16:15,800 Speaker 15: starting to see the consequences of what we've warned about 353 00:16:16,560 --> 00:16:20,040 Speaker 15: going unchecked pash tests we had under the previous government 354 00:16:20,320 --> 00:16:22,440 Speaker 15: and the consequences will have on rural New Zealand. 355 00:16:22,800 --> 00:16:24,840 Speaker 2: Here's your problem, though from all the reading I did, 356 00:16:24,880 --> 00:16:26,640 Speaker 2: and I did, there was a report out last week 357 00:16:27,120 --> 00:16:29,160 Speaker 2: the money's not there for sheep. It's not there for wool, 358 00:16:29,240 --> 00:16:31,000 Speaker 2: it's not there for meat. It is there for trees. 359 00:16:31,040 --> 00:16:32,440 Speaker 2: So why wouldn't you convert to trees? 360 00:16:32,960 --> 00:16:34,800 Speaker 15: No, exactly right. If you're a landowner, you're going to 361 00:16:34,840 --> 00:16:36,680 Speaker 15: do the best for you and do the best for 362 00:16:36,720 --> 00:16:39,280 Speaker 15: your noted for your return, so there's no creditors as landowners. 363 00:16:39,520 --> 00:16:42,080 Speaker 15: The criticisms that we have around government settings that are 364 00:16:42,120 --> 00:16:46,600 Speaker 15: favoring short term carbon over long term prosterity, it's part 365 00:16:46,640 --> 00:16:49,040 Speaker 15: of New Zealands. Look, we don't look far enough in 366 00:16:49,120 --> 00:16:51,240 Speaker 15: the future. We just put a branded on everything. 367 00:16:51,360 --> 00:16:53,600 Speaker 2: Here's the problem I read in this report from last week, 368 00:16:53,600 --> 00:16:55,320 Speaker 2: and that is the community aspect of it. Once you 369 00:16:55,360 --> 00:16:57,560 Speaker 2: plant a paddock full of trees, no one's coming to 370 00:16:57,560 --> 00:16:58,760 Speaker 2: town anymore, are they. 371 00:16:59,440 --> 00:17:02,720 Speaker 15: No, that's you know, your bike shop, your events, all 372 00:17:02,760 --> 00:17:05,280 Speaker 15: those people who service industry, who services are all sector 373 00:17:05,520 --> 00:17:09,200 Speaker 15: aren't required thirty years until you start harvesting. And even 374 00:17:09,240 --> 00:17:11,119 Speaker 15: then the job numbers are less because you're only need 375 00:17:11,119 --> 00:17:13,639 Speaker 15: the handles for people actually in that area to harvest 376 00:17:13,680 --> 00:17:15,360 Speaker 15: those trees now with modern machinery. 377 00:17:15,800 --> 00:17:18,600 Speaker 2: So what's the answer. I mean, you talk about the government, 378 00:17:18,600 --> 00:17:20,440 Speaker 2: but do you see any lights at the end of 379 00:17:20,440 --> 00:17:21,920 Speaker 2: the tunnel for the price of wooll of the price 380 00:17:21,960 --> 00:17:23,480 Speaker 2: of lamp Yeah, I do. 381 00:17:23,800 --> 00:17:26,120 Speaker 15: I think probably we're probably another eighteen months away plus 382 00:17:26,200 --> 00:17:28,919 Speaker 15: from the price of lamp wall. Slowly sort of getting there, 383 00:17:28,960 --> 00:17:31,240 Speaker 15: but I mean the horse want to bolt with you already. 384 00:17:31,400 --> 00:17:34,200 Speaker 15: We're seeing the really great things over the weekend of 385 00:17:34,240 --> 00:17:36,439 Speaker 15: companies of the airshilters and Union Lever using ball and 386 00:17:36,480 --> 00:17:40,280 Speaker 15: air filters. Yep, but it's all good, but it's not 387 00:17:40,359 --> 00:17:42,199 Speaker 15: using the volumes that we need, so we need it 388 00:17:42,640 --> 00:17:45,440 Speaker 15: faster and no, Minister Patterson as dead keen on having 389 00:17:45,480 --> 00:17:47,199 Speaker 15: it by five dollars the end of the year. But 390 00:17:47,520 --> 00:17:49,840 Speaker 15: we're not seeing too much to progress that at the moment. 391 00:17:49,960 --> 00:17:52,240 Speaker 2: And as far as lamb's concerned, what's holding that down? 392 00:17:52,280 --> 00:17:53,720 Speaker 2: I mean the lamb we make at the top end 393 00:17:53,720 --> 00:17:55,359 Speaker 2: of the lamb tree, it's the best in the world 394 00:17:55,400 --> 00:17:56,040 Speaker 2: by a mile. 395 00:17:57,040 --> 00:17:58,720 Speaker 15: Yeah, And as there's a couple of things there, there's 396 00:17:58,720 --> 00:18:00,720 Speaker 15: slow down in China. Who aren't they as much sheep 397 00:18:00,760 --> 00:18:04,440 Speaker 15: think as they were. But I've also got Australia, Australia 398 00:18:04,800 --> 00:18:07,399 Speaker 15: producing record numbers of it. They always staughtering record numbers 399 00:18:07,400 --> 00:18:09,479 Speaker 15: of lambs at the moment, so there's just too much 400 00:18:09,520 --> 00:18:10,320 Speaker 15: seat beat in the world. 401 00:18:10,520 --> 00:18:12,560 Speaker 2: But that's crap lamb though, isn't it. We all know that. 402 00:18:13,200 --> 00:18:15,800 Speaker 15: Well, it's different to what we have. Are very good, 403 00:18:16,600 --> 00:18:18,520 Speaker 15: but at the end of the day, it's a competing protein. 404 00:18:18,560 --> 00:18:20,240 Speaker 15: If you can buy tuper proting somewhere else. 405 00:18:20,119 --> 00:18:20,320 Speaker 6: You do. 406 00:18:20,520 --> 00:18:22,959 Speaker 2: I guess. So what about companies like Brimworth who are 407 00:18:22,960 --> 00:18:25,120 Speaker 2: trying to spook wall and then you've got the fine 408 00:18:25,160 --> 00:18:27,320 Speaker 2: wall market. Does any of that getting any traction? Is 409 00:18:27,359 --> 00:18:27,800 Speaker 2: that working? 410 00:18:28,560 --> 00:18:29,040 Speaker 6: Yeah? It is. 411 00:18:29,080 --> 00:18:33,560 Speaker 15: I mean Brimworth for us are really really incredible. They're 412 00:18:33,560 --> 00:18:35,600 Speaker 15: showing some grand leadership. You're paying more for their wall 413 00:18:35,640 --> 00:18:38,800 Speaker 15: and wanted to their wall with to growers and said, 414 00:18:38,840 --> 00:18:41,400 Speaker 15: here's a contract. You know, we'll guarantee you a minimum. 415 00:18:41,080 --> 00:18:43,560 Speaker 6: Price and we want your business. 416 00:18:43,880 --> 00:18:46,640 Speaker 15: They're targeting that high in New York market. Everybody wants. 417 00:18:47,000 --> 00:18:50,000 Speaker 15: Everybody wants to click crack flooring in their houses, but sorry, 418 00:18:50,000 --> 00:18:52,440 Speaker 15: it echoes and you need beautiful wall. 419 00:18:52,520 --> 00:18:53,560 Speaker 14: Us doing in Rugby on there so. 420 00:18:53,840 --> 00:18:57,320 Speaker 2: Brilliant exactly where to see. The counter problem that you're 421 00:18:57,320 --> 00:18:59,640 Speaker 2: facing is of course this business of it's it's it's 422 00:18:59,640 --> 00:19:02,400 Speaker 2: super call to plant trees because we're saving the world. 423 00:19:02,480 --> 00:19:03,960 Speaker 2: I mean, how do you how do you counter. 424 00:19:03,880 --> 00:19:05,600 Speaker 6: That, Well, that's there. 425 00:19:05,680 --> 00:19:07,439 Speaker 15: You know, you can save the world from little old 426 00:19:07,480 --> 00:19:09,480 Speaker 15: New Zealand, or we can you know, we can look 427 00:19:09,480 --> 00:19:11,879 Speaker 15: at it to have a mosaic of land news. Prietaries 428 00:19:11,880 --> 00:19:14,360 Speaker 15: are important. We should be integrating them into the landscape 429 00:19:14,359 --> 00:19:17,400 Speaker 15: as opposed to whole catcher and planting. And we've seen 430 00:19:17,440 --> 00:19:20,760 Speaker 15: the consequences of you know where we've plant always the 431 00:19:21,000 --> 00:19:22,400 Speaker 15: white cat which has done on these toasts. 432 00:19:22,440 --> 00:19:24,639 Speaker 6: We've seen the consequence as a poor quality harvesting. 433 00:19:25,240 --> 00:19:28,480 Speaker 15: And also we're seeing the lack of forthort about having 434 00:19:28,480 --> 00:19:30,680 Speaker 15: a use that smber into the future. We've got mills 435 00:19:30,680 --> 00:19:33,000 Speaker 15: closing all over the place because you know, we're not 436 00:19:33,000 --> 00:19:34,520 Speaker 15: producing anything the world needs anymore. 437 00:19:34,560 --> 00:19:36,440 Speaker 2: No, it makes sense to me. Toby go, well, appreciate 438 00:19:36,440 --> 00:19:38,640 Speaker 2: it very much. Good and so Toby Williams Federated Farmers 439 00:19:38,680 --> 00:19:40,880 Speaker 2: Meet and will Industry Group Chair. He's good, isn't he plan? 440 00:19:40,920 --> 00:19:44,159 Speaker 2: Like him? Nineteen minutes away from seven hust get the 441 00:19:44,160 --> 00:19:46,800 Speaker 2: pole out of Australia. The Greens this morning on thirteen percent. 442 00:19:46,840 --> 00:19:50,200 Speaker 2: This is a resolve pole Green's on thirteen one nation 443 00:19:50,280 --> 00:19:52,720 Speaker 2: on six of the independence on twelve they're really taking 444 00:19:52,720 --> 00:19:54,720 Speaker 2: off the independence. It's a thing I'd like to see 445 00:19:54,720 --> 00:19:56,000 Speaker 2: in this country, though I don't think it's going to 446 00:19:56,040 --> 00:19:58,520 Speaker 2: ever going to happen. Twenty eight for labor. That primary 447 00:19:58,600 --> 00:20:01,200 Speaker 2: vote for labor is the lowest since the Resolve polls 448 00:20:01,200 --> 00:20:04,320 Speaker 2: began in twenty twenty one. If your preference it they 449 00:20:04,320 --> 00:20:06,320 Speaker 2: get up to fifty one percent on the preferences of 450 00:20:06,400 --> 00:20:09,239 Speaker 2: last time. Preferences of this time they're only at forty nine. 451 00:20:09,280 --> 00:20:11,639 Speaker 2: The Coalition wins fifty one to forty nine. So the 452 00:20:11,720 --> 00:20:14,400 Speaker 2: upshot of all of those numbers is the government are 453 00:20:14,400 --> 00:20:16,840 Speaker 2: in deep trouble. Eighteen to two The. 454 00:20:17,000 --> 00:20:23,040 Speaker 1: Mic Hosking Breakfast Full Show podcast on iHeartRadio powered by newstalksp. 455 00:20:22,640 --> 00:20:24,840 Speaker 2: Now small business owner has been running the roller coast 456 00:20:24,840 --> 00:20:26,400 Speaker 2: of these past couple of years, haven't they. So here's 457 00:20:26,400 --> 00:20:28,200 Speaker 2: some good news. Got some very good news. 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But to see the good 474 00:21:13,760 --> 00:21:18,240 Speaker 2: people at Kiwi Bank, at Keiwi Bank, Fast Capitalsky, Mike, 475 00:21:18,280 --> 00:21:20,040 Speaker 2: farmers are always good. We live in the real world. 476 00:21:20,080 --> 00:21:22,440 Speaker 2: That's true, Mike. You need to get verdie on. They've 477 00:21:22,440 --> 00:21:24,720 Speaker 2: developed a way to measure soil carbon. If soil carbon 478 00:21:24,800 --> 00:21:27,440 Speaker 2: is brought into the ets, sheep and beef farming financially 479 00:21:27,440 --> 00:21:29,680 Speaker 2: competes with pine trees. It's the savior to our land. 480 00:21:30,000 --> 00:21:32,200 Speaker 2: We are going to follow that up today and we'll 481 00:21:32,200 --> 00:21:32,960 Speaker 2: come back to you tomorrow. 482 00:21:33,040 --> 00:21:37,320 Speaker 9: Six forty five International correspondence with Ends and Eye Insurance 483 00:21:37,440 --> 00:21:39,520 Speaker 9: Peace of mind for New Zealand business. 484 00:21:39,200 --> 00:21:43,560 Speaker 2: Cardwood to damand morning, Hey, Mike, Mike's muted was standing by. 485 00:21:44,240 --> 00:21:46,199 Speaker 16: Two days of the big debate. Yes, stakes could not 486 00:21:46,240 --> 00:21:48,879 Speaker 16: be higher. A New York Times poll out today shows 487 00:21:48,920 --> 00:21:51,760 Speaker 16: Trump ahead nationally over Harris by one point, forty eight 488 00:21:51,760 --> 00:21:54,760 Speaker 16: to forty seven. The Democratic surge that we've seen in 489 00:21:54,800 --> 00:21:57,440 Speaker 16: recent times has given way to this pause. In a CNA, 490 00:21:57,800 --> 00:22:00,280 Speaker 16: CNN Pollar polls out today, Harris is are here by 491 00:22:00,440 --> 00:22:02,520 Speaker 16: forty nine to forty seven percent. But none of this 492 00:22:03,160 --> 00:22:07,119 Speaker 16: really is a clear indicator, and neither is polling in 493 00:22:07,160 --> 00:22:10,520 Speaker 16: the various battleground states in a way that is persuasive. 494 00:22:11,119 --> 00:22:16,800 Speaker 16: In almost all of these places Wisconsin, Pennsylvania, North Carolina, Nevada, Michigan, Arizona, Georgia, 495 00:22:17,480 --> 00:22:19,920 Speaker 16: the mugin's about a point either way, except for Wisconsin. 496 00:22:20,000 --> 00:22:22,040 Speaker 16: With the polling is Harris a larger lead, but they 497 00:22:22,160 --> 00:22:25,640 Speaker 16: undercounted the Trump support last time, So Nick and Neck, 498 00:22:26,080 --> 00:22:30,560 Speaker 16: Harris says of her debate theme page, to move on 499 00:22:30,760 --> 00:22:33,960 Speaker 16: from the visit of government. She's saying, Harris met with 500 00:22:34,080 --> 00:22:38,280 Speaker 16: voters in Pennsylvania, where she's been camped out since last week, basically. 501 00:22:38,000 --> 00:22:39,600 Speaker 13: Best prior debate pred so far. 502 00:22:40,560 --> 00:22:43,120 Speaker 16: While Donald Trump is threatening to go after his opponent's 503 00:22:43,200 --> 00:22:46,520 Speaker 16: campaign donors in quote retribution if they play a role 504 00:22:46,560 --> 00:22:50,119 Speaker 16: in what he's already taking a possible election Steel and 505 00:22:50,160 --> 00:22:51,240 Speaker 16: he says, we're. 506 00:22:51,160 --> 00:22:58,199 Speaker 5: Run by stupid people, stupid, stupid people, and. 507 00:22:58,280 --> 00:22:59,720 Speaker 2: We found that out at the debate. 508 00:23:00,200 --> 00:23:01,440 Speaker 9: Jill, how did that work out? 509 00:23:01,560 --> 00:23:04,159 Speaker 16: So this could be the most important presidential debate in 510 00:23:04,200 --> 00:23:06,040 Speaker 16: the US of A well since. 511 00:23:05,760 --> 00:23:06,360 Speaker 2: The last one. 512 00:23:06,440 --> 00:23:11,200 Speaker 16: Right meantime, there are remarkable political terms almost daily. Former 513 00:23:11,240 --> 00:23:13,480 Speaker 16: President George W. Bush says he will not make any 514 00:23:13,560 --> 00:23:16,640 Speaker 16: formal endorsement this go around, so Trump not being backed 515 00:23:16,680 --> 00:23:19,960 Speaker 16: by the only other living Republican former president, and Liz 516 00:23:20,040 --> 00:23:22,240 Speaker 16: Cheney and her father Dick Cheney, who used to be called, 517 00:23:22,240 --> 00:23:25,160 Speaker 16: of course, Darth Vader by Democratic foes, now say they 518 00:23:25,200 --> 00:23:28,919 Speaker 16: will vote for Harris. In an interview today, Liz Cheney 519 00:23:28,920 --> 00:23:29,440 Speaker 16: says this. 520 00:23:29,680 --> 00:23:33,359 Speaker 11: I've never voted for a Democrat. It tells you I 521 00:23:33,400 --> 00:23:35,080 Speaker 11: think the stakes in this election. 522 00:23:35,320 --> 00:23:37,920 Speaker 16: She says also that if Ronald Reagan still was alive, 523 00:23:38,280 --> 00:23:41,000 Speaker 16: he would not be on the Trump train either. 524 00:23:41,080 --> 00:23:44,359 Speaker 11: In her view, there is absolutely no chance that Ronald 525 00:23:44,400 --> 00:23:46,000 Speaker 11: Reagan would be supporting Donald Trump. 526 00:23:46,119 --> 00:23:49,719 Speaker 16: And she says of Trump himself and his policies. 527 00:23:49,280 --> 00:23:53,160 Speaker 11: He's not a conservative. The policies that we're seeing him 528 00:23:53,200 --> 00:23:57,000 Speaker 11: put forward, including you know, again on an almost daily basis, 529 00:23:57,000 --> 00:24:01,200 Speaker 11: this notion of embracing global tariffs, we'll choke off global 530 00:24:01,240 --> 00:24:04,480 Speaker 11: trade will likely lead us down the path that we've 531 00:24:04,520 --> 00:24:07,679 Speaker 11: seen before, for example, in the nineteen thirties, lead to 532 00:24:08,640 --> 00:24:10,040 Speaker 11: at that point it was a depression. 533 00:24:10,920 --> 00:24:14,200 Speaker 16: Well, she calls Trump a deviant and says he would 534 00:24:14,240 --> 00:24:17,359 Speaker 16: bring quote catastrophe on the US if re elected. In 535 00:24:17,400 --> 00:24:20,080 Speaker 16: his statement, dick Cheney says, quote, there has never been 536 00:24:20,119 --> 00:24:22,399 Speaker 16: an individual who is a greater threat to the Republic 537 00:24:22,480 --> 00:24:24,760 Speaker 16: than Donald Trump. He adds, quote he tried to steal 538 00:24:24,760 --> 00:24:27,439 Speaker 16: the last election using lies and violence to keep himself 539 00:24:27,480 --> 00:24:30,280 Speaker 16: in power after the voters had rejected him. Who can 540 00:24:30,320 --> 00:24:33,359 Speaker 16: never be trusted with power again, so says dick Cheney, 541 00:24:33,400 --> 00:24:36,600 Speaker 16: who now says he too, will vote for the Democrats. So, Mike, 542 00:24:36,760 --> 00:24:37,320 Speaker 16: what next? 543 00:24:37,600 --> 00:24:39,760 Speaker 2: Indeed, Hey, listen, I'm watching the video. So he's on 544 00:24:39,800 --> 00:24:42,360 Speaker 2: the ground and the cops are on top of him, 545 00:24:42,400 --> 00:24:44,160 Speaker 2: and they look at what happened. 546 00:24:45,040 --> 00:24:47,399 Speaker 16: We don't fully know, but this is certainly stirring up 547 00:24:47,440 --> 00:24:49,960 Speaker 16: the start of the NFL season. Right before the Jacksonville 548 00:24:50,000 --> 00:24:53,800 Speaker 16: Jaguars versus Miami Golfin's name game and the Miami's best player, 549 00:24:53,880 --> 00:24:57,800 Speaker 16: Tyreek Hill was stopped at a traffic stop for some 550 00:24:57,920 --> 00:25:01,119 Speaker 16: moving violation. We don't know the details the police siders yet, 551 00:25:01,200 --> 00:25:03,560 Speaker 16: but a thirty year old Dolphins star was handcuffed and 552 00:25:03,800 --> 00:25:06,000 Speaker 16: forced onto the ground. As you say, police appeared to 553 00:25:06,000 --> 00:25:09,320 Speaker 16: scream at him. His agent Drew Rosenhaus is saying this. 554 00:25:09,400 --> 00:25:13,400 Speaker 17: Apparently he got a ticket for moving violation entering the stadium. 555 00:25:13,600 --> 00:25:17,280 Speaker 17: How things escalated into the situation that they were in 556 00:25:18,000 --> 00:25:22,120 Speaker 17: handcuffs and being held on the ground with police mind 557 00:25:22,119 --> 00:25:25,800 Speaker 17: boggling to me. I'm deeply concerned by that very trouble. 558 00:25:25,920 --> 00:25:29,199 Speaker 17: We will be looking into it. We will be investigating this. 559 00:25:29,359 --> 00:25:30,880 Speaker 17: We will look out for Tyree. 560 00:25:30,920 --> 00:25:33,360 Speaker 16: Like I say, make not all the video is released yet, 561 00:25:33,359 --> 00:25:35,080 Speaker 16: but there is said to be a clip showing a 562 00:25:35,080 --> 00:25:38,480 Speaker 16: police officer kicking Tyreek Hill. He was shaken but went 563 00:25:38,480 --> 00:25:40,480 Speaker 16: on to playing the game. This is a fellow who 564 00:25:40,920 --> 00:25:44,560 Speaker 16: was in the winning Super Bowl side Kansas City Chiefs, 565 00:25:44,680 --> 00:25:46,880 Speaker 16: and he's just in his third season with the Dolphins. 566 00:25:46,960 --> 00:25:49,399 Speaker 16: It was the top receiver in the league last season. 567 00:25:49,640 --> 00:25:52,679 Speaker 16: Halftime Dolphins trailing jag He was seventeen to seven, So 568 00:25:52,720 --> 00:25:54,280 Speaker 16: we don't know how much stat is are playing to 569 00:25:54,359 --> 00:25:56,439 Speaker 16: This brings to mind doesn't know what happened to golfer 570 00:25:56,480 --> 00:25:59,120 Speaker 16: Scotty Scheffer, the top rating golfer who was detained by 571 00:25:59,359 --> 00:26:02,280 Speaker 16: police watching to get to a PGA event in Louisville 572 00:26:02,480 --> 00:26:06,080 Speaker 16: a few months back. Police say they are investigating as 573 00:26:06,160 --> 00:26:07,280 Speaker 16: leaders see Wednesday. 574 00:26:07,280 --> 00:26:09,840 Speaker 2: Mate Richard Arnold states, just on that poll, by the way, 575 00:26:09,840 --> 00:26:11,800 Speaker 2: which is the New York Times Ciena poll, so forty 576 00:26:11,800 --> 00:26:14,240 Speaker 2: seven forty eight. I mean, you know it's time. What's 577 00:26:14,280 --> 00:26:17,280 Speaker 2: interesting is the right track wrong track numbers. And you 578 00:26:17,320 --> 00:26:20,080 Speaker 2: go back to June, twenty two percent of people thought 579 00:26:20,160 --> 00:26:21,720 Speaker 2: the country was on the right track, which is not 580 00:26:21,800 --> 00:26:24,080 Speaker 2: many twenty two to sixty nine wrong track. It's now 581 00:26:24,160 --> 00:26:26,800 Speaker 2: up to twenty eight on the right track. So they're 582 00:26:26,840 --> 00:26:30,000 Speaker 2: thinking things are improving. If they think things are improving, 583 00:26:30,240 --> 00:26:34,840 Speaker 2: that would generally correlate with things improving for the Democrats camp, 584 00:26:34,880 --> 00:26:37,240 Speaker 2: because they are, of course, as we currently speak, in 585 00:26:37,359 --> 00:26:39,639 Speaker 2: charge of the economy. Night Away from seven. 586 00:26:40,119 --> 00:26:44,040 Speaker 1: On my costume, Breakfast with the Jaguar f base news 587 00:26:44,080 --> 00:26:45,879 Speaker 1: talks eNB unprecedented. 588 00:26:45,920 --> 00:26:49,200 Speaker 2: The heads of MI six and CIA over the weekend, 589 00:26:49,440 --> 00:26:52,080 Speaker 2: both countries stand together in resisting an assert of Russia 590 00:26:52,119 --> 00:26:54,000 Speaker 2: and Putin's war of progression in the Ukraine. What were 591 00:26:54,000 --> 00:26:56,440 Speaker 2: they talking about. They're worried about the global order under 592 00:26:56,440 --> 00:26:58,480 Speaker 2: threaten the way that we haven't seen since the Cold War. 593 00:26:58,560 --> 00:27:02,440 Speaker 2: This was a Financial Time event, our first ever joint 594 00:27:02,520 --> 00:27:04,880 Speaker 2: article written for the Financial Times by Sir Richard Moore 595 00:27:04,920 --> 00:27:09,000 Speaker 2: and William Burns, who had the MI six and the CIA. Basically, 596 00:27:09,040 --> 00:27:13,040 Speaker 2: there is no question they say that the international world order, 597 00:27:13,080 --> 00:27:15,359 Speaker 2: the balance system that has led to relative peace and 598 00:27:15,359 --> 00:27:18,800 Speaker 2: stability and delivered rising living standards, opportunities and prosperity, is 599 00:27:18,960 --> 00:27:22,639 Speaker 2: under threat in a way we haven't seen since the 600 00:27:22,800 --> 00:27:25,760 Speaker 2: Cold War. And I suspect they're probably right five away 601 00:27:25,760 --> 00:27:26,359 Speaker 2: from seven. 602 00:27:27,640 --> 00:27:29,200 Speaker 1: All the ins and the ouse. 603 00:27:29,520 --> 00:27:30,919 Speaker 14: It's the fizz with. 604 00:27:31,200 --> 00:27:34,600 Speaker 1: Business fiber, take your business productivity to the next level. 605 00:27:34,600 --> 00:27:36,560 Speaker 2: Now, I got to building numbers from stats n zenty 606 00:27:36,640 --> 00:27:39,840 Speaker 2: of this morning. These the seasonally adjusted volume numbers. Stats 607 00:27:39,880 --> 00:27:42,359 Speaker 2: remove the effects of price changed typical seasonal patterns. All 608 00:27:42,359 --> 00:27:45,840 Speaker 2: that stuff. June quarter eight point two billion worth of 609 00:27:45,840 --> 00:27:48,600 Speaker 2: building work, which is down zero point two percent compared 610 00:27:48,640 --> 00:27:51,040 Speaker 2: with Q one this year. Zero point two Does that 611 00:27:51,080 --> 00:27:53,280 Speaker 2: sound a lot, Well, it's the lowest volume of building 612 00:27:53,280 --> 00:27:55,960 Speaker 2: activity for a June quarter since twenty twenty, so it's 613 00:27:55,960 --> 00:27:58,600 Speaker 2: not good. And back in twenty twenty was all being 614 00:27:58,600 --> 00:28:01,920 Speaker 2: decimated by COVID. Of course, Residential building workers down zero 615 00:28:02,000 --> 00:28:05,320 Speaker 2: point seven percent to five point two billion, non residential 616 00:28:05,320 --> 00:28:07,800 Speaker 2: down zero point one to three billion. For the year 617 00:28:08,600 --> 00:28:11,040 Speaker 2: ending June, we did thirty six billion worth of building 618 00:28:11,080 --> 00:28:13,280 Speaker 2: work over the year, down zero point one competed with 619 00:28:13,400 --> 00:28:16,520 Speaker 2: last year. Residential was twenty three billion for the year, 620 00:28:16,920 --> 00:28:20,640 Speaker 2: down four point one. Non residential up, so that commercial 621 00:28:20,640 --> 00:28:22,480 Speaker 2: stuff and all that sort of thing seven point eight 622 00:28:22,520 --> 00:28:26,359 Speaker 2: percent up to thirteen billion. Cost increases were about the 623 00:28:26,359 --> 00:28:29,120 Speaker 2: same for both, up three point six for residential construction, 624 00:28:29,200 --> 00:28:32,000 Speaker 2: up three point seven for non residential. The important thing 625 00:28:32,040 --> 00:28:34,160 Speaker 2: there is that the prices are still rising, but they're 626 00:28:34,200 --> 00:28:37,680 Speaker 2: not rising anywhere near where they used to, so those 627 00:28:38,200 --> 00:28:41,080 Speaker 2: increases are slowly but surely coming under control. As well. 628 00:28:41,280 --> 00:28:43,600 Speaker 2: Eleven homicides in the last month. Do we get all 629 00:28:43,680 --> 00:28:46,520 Speaker 2: angsty about this? From and I'll talk to the police 630 00:28:46,520 --> 00:28:48,400 Speaker 2: about it in a couple of moments. From my cursorround, 631 00:28:48,480 --> 00:28:51,840 Speaker 2: I've never been fascinated by crime, so that pulking horn 632 00:28:51,880 --> 00:28:54,960 Speaker 2: thing is like every time I go to Greg at 633 00:28:54,960 --> 00:28:59,800 Speaker 2: the Headdresser. It's like and he says, literally literally everyone 634 00:29:00,120 --> 00:29:05,680 Speaker 2: is gripped by the Polkinghorn trial except me, but apart 635 00:29:05,720 --> 00:29:07,680 Speaker 2: from because the either did it or he didn't, and 636 00:29:07,800 --> 00:29:10,080 Speaker 2: the judicial process will sort that out. And that's about 637 00:29:10,080 --> 00:29:12,880 Speaker 2: as interested as I am in it. But nevertheless, I'm 638 00:29:13,160 --> 00:29:15,400 Speaker 2: a lone wolf on that. So anyway, eleven homicides and 639 00:29:15,440 --> 00:29:17,480 Speaker 2: we I mean, from my curse regards, they all seem 640 00:29:17,520 --> 00:29:19,360 Speaker 2: to know each other as my guest. But we'll talk 641 00:29:19,360 --> 00:29:20,760 Speaker 2: to the police about that in the next half. Our 642 00:29:20,800 --> 00:29:22,400 Speaker 2: Ian Jones on the All Blacks, we need to get 643 00:29:22,400 --> 00:29:25,640 Speaker 2: angsty about that. Do we get angsty about anything anymore? 644 00:29:26,920 --> 00:29:30,360 Speaker 2: I thought we got angsty that everything these days. Yeah, 645 00:29:30,360 --> 00:29:32,320 Speaker 2: but is it real ankst though, Glenn, or is it 646 00:29:32,400 --> 00:29:34,560 Speaker 2: just like faux ancs that we go We better be 647 00:29:34,560 --> 00:29:38,720 Speaker 2: a bit angsty, you know. It's like, Ye, there's two 648 00:29:38,760 --> 00:29:40,960 Speaker 2: little anks to go around, isn't there. That's what That's 649 00:29:40,960 --> 00:29:43,840 Speaker 2: what's going on anyway, all of that more after the news, 650 00:29:43,840 --> 00:29:45,640 Speaker 2: which is next you Reduced Talks Head. 651 00:29:48,920 --> 00:29:53,160 Speaker 1: Your trusted source for news and fuse the Mic Hosking 652 00:29:53,240 --> 00:29:57,880 Speaker 1: Breakfast with a Vita Retirement Communities, Life Your Way, News 653 00:29:57,920 --> 00:29:58,520 Speaker 1: togs Head. 654 00:29:58,880 --> 00:30:00,440 Speaker 2: Seven past seven. We seem to be and some sort 655 00:30:00,480 --> 00:30:03,000 Speaker 2: of homicide spiral. We've got eleven in the past month, 656 00:30:03,000 --> 00:30:05,680 Speaker 2: the latter and Kaitia Saturday night shootings to stabbings. People 657 00:30:05,680 --> 00:30:08,200 Speaker 2: are ending up dead. The Police Assistant Commissioner for Auckland 658 00:30:08,240 --> 00:30:10,200 Speaker 2: at North and Sam hoils with the same morning to 659 00:30:10,240 --> 00:30:16,320 Speaker 2: you very well, indeed, thank you and numerically speaking, how 660 00:30:16,440 --> 00:30:19,840 Speaker 2: unusual is this, No. 661 00:30:19,720 --> 00:30:20,320 Speaker 6: Doubt about it. 662 00:30:20,360 --> 00:30:24,080 Speaker 18: This is a big month for homicides. Usually we need 663 00:30:24,080 --> 00:30:27,320 Speaker 18: a much longer time period for before we can kind 664 00:30:27,320 --> 00:30:30,320 Speaker 18: of reach any conclusions around where this is hitded. But 665 00:30:31,200 --> 00:30:33,040 Speaker 18: no doubt about it. Even in a month is a 666 00:30:33,040 --> 00:30:34,360 Speaker 18: big month for New Zealand. 667 00:30:34,280 --> 00:30:35,920 Speaker 2: And it's just one of those things. I take it. 668 00:30:36,000 --> 00:30:38,640 Speaker 2: There is no obvious connection, There is no obvious reason. 669 00:30:38,680 --> 00:30:42,760 Speaker 2: It just happens to crime and levoles and you know unfolds. 670 00:30:44,080 --> 00:30:46,880 Speaker 18: Yeah, look West getting across these as they happen, obviously 671 00:30:46,920 --> 00:30:48,640 Speaker 18: to see if we can pick up any early trends 672 00:30:48,760 --> 00:30:53,360 Speaker 18: or connections. It's on the Facebook, the normal mix of 673 00:30:54,760 --> 00:30:57,680 Speaker 18: organized crime and gangs and it can be harm which 674 00:30:57,680 --> 00:31:01,080 Speaker 18: has been with us since a mankind. 675 00:31:01,640 --> 00:31:05,120 Speaker 2: Can we say by some sort of level of reassurance 676 00:31:05,160 --> 00:31:08,440 Speaker 2: that the people are almost always known to each other. 677 00:31:10,200 --> 00:31:14,800 Speaker 18: Yes, it's a really good point, Mike. It is very 678 00:31:14,880 --> 00:31:18,600 Speaker 18: very rare that someone has murdered in New Zealand by 679 00:31:18,640 --> 00:31:23,080 Speaker 18: a complete stranger. There's relationships, whether they're through organized crime, 680 00:31:23,160 --> 00:31:29,720 Speaker 18: familiar relationships, neighbors. It is, you know, almost unheard of 681 00:31:29,840 --> 00:31:32,600 Speaker 18: a complete stranger is killed in the New Zealand context. 682 00:31:33,080 --> 00:31:35,600 Speaker 2: How much resource do you throw it a homicide? And 683 00:31:35,720 --> 00:31:37,560 Speaker 2: given there's eleven, is that stretching you. 684 00:31:39,400 --> 00:31:42,000 Speaker 18: We throw a lot of resources at these, you know, 685 00:31:42,040 --> 00:31:44,440 Speaker 18: when you look at the Auckland picture, we throw resources 686 00:31:44,800 --> 00:31:48,160 Speaker 18: at those that have occurred in the city from South Auckland. 687 00:31:49,200 --> 00:31:51,800 Speaker 18: Materiable engin and helped the team have done the heavy 688 00:31:51,840 --> 00:31:54,600 Speaker 18: lifting over the last couple of weekends, but right around 689 00:31:54,600 --> 00:31:57,200 Speaker 18: the countrary. You know, I'm really proud of the teams 690 00:31:57,200 --> 00:31:59,920 Speaker 18: that we've stood up of really smashed them working over 691 00:32:00,280 --> 00:32:02,480 Speaker 18: last month, and I'll have you know they'll be taking 692 00:32:02,480 --> 00:32:04,840 Speaker 18: those trolls forward over the next couple of years. 693 00:32:05,080 --> 00:32:06,600 Speaker 2: I wish you're the best one, so I'm appreciate it 694 00:32:06,680 --> 00:32:09,440 Speaker 2: very much. The insight Sam Hoyle, who's the Police Assistant 695 00:32:09,440 --> 00:32:12,320 Speaker 2: commissioner of This morning nine and it's past seven a 696 00:32:12,320 --> 00:32:14,800 Speaker 2: new research into long COVID. Could it suggest to be 697 00:32:14,800 --> 00:32:17,200 Speaker 2: costing US two billion dollars a year in lost productivity? 698 00:32:17,240 --> 00:32:19,360 Speaker 2: That number doesn't take into account, by the way health costs. 699 00:32:19,640 --> 00:32:22,560 Speaker 2: University of Auckland health economist Paula Lageli is with us 700 00:32:22,560 --> 00:32:26,400 Speaker 2: on this. Paula, Good morning, Mornina. Mike, what is long 701 00:32:26,520 --> 00:32:29,000 Speaker 2: COVID and what's the definition? And do we have a 702 00:32:29,040 --> 00:32:30,560 Speaker 2: definite definition of what it is? 703 00:32:32,480 --> 00:32:36,680 Speaker 10: There is a WHO definition and there's a definition from 704 00:32:36,840 --> 00:32:41,200 Speaker 10: a group of scientific academies in the US, and it 705 00:32:41,280 --> 00:32:47,440 Speaker 10: is these sometimes new but often persistent symptoms of COVID 706 00:32:47,760 --> 00:32:51,400 Speaker 10: that still exist around twelve twelve weeks, three months after 707 00:32:51,480 --> 00:32:52,480 Speaker 10: your COVID infection. 708 00:32:52,760 --> 00:32:55,720 Speaker 2: And is that definitive enough for you as an economist 709 00:32:55,720 --> 00:32:58,320 Speaker 2: to put a number around it. 710 00:32:58,320 --> 00:32:59,959 Speaker 10: It's as good as we're going to get, Mike, So, 711 00:33:00,000 --> 00:33:02,360 Speaker 10: so I think we need to put a number on it. 712 00:33:02,400 --> 00:33:05,280 Speaker 10: And so at the moment without a diagnosis, there's no 713 00:33:05,520 --> 00:33:10,200 Speaker 10: clinical tool to diagnose from COVID. This is what we use. 714 00:33:10,480 --> 00:33:12,000 Speaker 2: How do you come up with two billion? 715 00:33:13,400 --> 00:33:17,640 Speaker 10: Well, we used we don't have any information from New Zealand, 716 00:33:17,760 --> 00:33:21,040 Speaker 10: so we used information from Australia. Australia had a really 717 00:33:21,040 --> 00:33:25,520 Speaker 10: similar pandemic experience to New Zealand. Obviously we closed our borders, 718 00:33:25,560 --> 00:33:29,440 Speaker 10: we lock down. Other countries have done similar estimates, and 719 00:33:29,480 --> 00:33:32,240 Speaker 10: the OECD has done an estimate, but that includes countries 720 00:33:32,280 --> 00:33:36,560 Speaker 10: where they had much bigger numbers of infections in the 721 00:33:36,600 --> 00:33:40,920 Speaker 10: early waves before we had vaccination. And so we've taken 722 00:33:40,960 --> 00:33:44,479 Speaker 10: the percentage from Australia from this paper that was published 723 00:33:44,520 --> 00:33:48,400 Speaker 10: in the Medical Journal of Australia and applied it to 724 00:33:48,520 --> 00:33:50,520 Speaker 10: New Zealand context. So that's how we come up with 725 00:33:50,800 --> 00:33:51,760 Speaker 10: two billion per year. 726 00:33:51,960 --> 00:33:53,479 Speaker 2: I happened to read that report the other day out 727 00:33:53,520 --> 00:33:56,200 Speaker 2: of Australia when it made news, and it interested to 728 00:33:56,240 --> 00:33:59,080 Speaker 2: me to the extent that what is I mean, if 729 00:33:59,080 --> 00:34:02,000 Speaker 2: you're not well and you can't work, I mean, what 730 00:34:02,040 --> 00:34:02,960 Speaker 2: are we supposed. 731 00:34:02,600 --> 00:34:03,040 Speaker 6: To do with that? 732 00:34:04,120 --> 00:34:07,360 Speaker 10: I know, well, we need to support these people, right, 733 00:34:08,000 --> 00:34:11,240 Speaker 10: we need to make sure that they can get disability support, 734 00:34:11,560 --> 00:34:14,799 Speaker 10: or we can help manage and manage and treat them 735 00:34:15,600 --> 00:34:19,680 Speaker 10: providing long COVID support services. And obviously also we want 736 00:34:19,719 --> 00:34:22,680 Speaker 10: to avoid people more people getting long COVID, so we 737 00:34:22,760 --> 00:34:24,480 Speaker 10: need to look at prevention as well. 738 00:34:24,600 --> 00:34:26,520 Speaker 2: I reckon we've gone past that, haven't we. I mean 739 00:34:26,520 --> 00:34:29,160 Speaker 2: there's COVID in my eye or ear or feel a 740 00:34:29,280 --> 00:34:31,879 Speaker 2: vibe or whatever has gone into the category of it's 741 00:34:31,960 --> 00:34:33,960 Speaker 2: it's another thing that you get. It's like the flu. 742 00:34:34,040 --> 00:34:35,719 Speaker 2: It's like a cold's taking a day off work. Who 743 00:34:35,719 --> 00:34:37,320 Speaker 2: cares whether it's a cold or COVID or flu? Do 744 00:34:37,360 --> 00:34:39,520 Speaker 2: you see what I mean? And that's people's mentality. 745 00:34:40,320 --> 00:34:40,879 Speaker 10: Yeah, I know. 746 00:34:41,320 --> 00:34:41,560 Speaker 11: I mean. 747 00:34:41,640 --> 00:34:44,040 Speaker 10: And we've all just watched the Olympics, haven't we, And 748 00:34:44,120 --> 00:34:47,239 Speaker 10: how many Olympians were in the Tour de France. How 749 00:34:47,280 --> 00:34:54,239 Speaker 10: many cyclists and olympians were at their profession and the 750 00:34:54,400 --> 00:34:57,319 Speaker 10: peak of their profession, but performing with COVID and we 751 00:34:57,360 --> 00:34:59,360 Speaker 10: know that they shouldn't be doing that because that actually 752 00:34:59,480 --> 00:35:01,760 Speaker 10: exists a the chances of getting long COVID. 753 00:35:03,360 --> 00:35:03,560 Speaker 6: Yeah. 754 00:35:03,680 --> 00:35:05,440 Speaker 10: So if you can take some time off and you 755 00:35:05,480 --> 00:35:08,319 Speaker 10: can isolate, great, If you can wear a mask, if 756 00:35:08,360 --> 00:35:10,560 Speaker 10: you know that you're infectious, great. I mean, let's try 757 00:35:10,600 --> 00:35:13,480 Speaker 10: and avoid giving it to somebody and therefore lessening the 758 00:35:13,560 --> 00:35:17,240 Speaker 10: chance of giving somebody what may be a lifelong debility 759 00:35:17,840 --> 00:35:19,400 Speaker 10: to excuse me, debilitating illness. 760 00:35:19,440 --> 00:35:21,480 Speaker 2: All right, Paul, appreciate it very much. PAULA. Lad Gilly, 761 00:35:21,840 --> 00:35:25,240 Speaker 2: University of Auckland health economist, it's twelve minutes past seven, Pasky, 762 00:35:25,400 --> 00:35:27,160 Speaker 2: Like I thought the church and the state was supposed 763 00:35:27,200 --> 00:35:29,560 Speaker 2: to be separated. What are the Christians doing getting involved 764 00:35:29,560 --> 00:35:33,080 Speaker 2: in the government. This is the open letter this morning 765 00:35:33,080 --> 00:35:36,279 Speaker 2: from four hundred church leaders religious leaders around the country. First, 766 00:35:36,400 --> 00:35:39,000 Speaker 2: first thing is, as Glenn pointed out to me this 767 00:35:39,040 --> 00:35:41,760 Speaker 2: morning quite correctly, in an early sign that he's alert 768 00:35:41,800 --> 00:35:43,279 Speaker 2: and awake for the week and ready to make a 769 00:35:43,280 --> 00:35:45,680 Speaker 2: contribution to the program. He said to me, he said, 770 00:35:45,719 --> 00:35:47,200 Speaker 2: surely we need to bring an end to this open 771 00:35:47,280 --> 00:35:50,080 Speaker 2: letter fanaticism that we have in this country, and on 772 00:35:50,120 --> 00:35:52,520 Speaker 2: that I could not agree with them more. Second point 773 00:35:52,520 --> 00:35:54,480 Speaker 2: he made, and yet another sign that he could actually 774 00:35:54,520 --> 00:35:57,560 Speaker 2: be on fire for the week, he said, how the 775 00:35:57,560 --> 00:36:00,400 Speaker 2: hell do we get four hundred religious leaders in this country? 776 00:36:00,400 --> 00:36:04,040 Speaker 2: Which I thought was a very very very good question. 777 00:36:04,160 --> 00:36:06,759 Speaker 2: Do you think that's uncharacteristically on form? For me for 778 00:36:06,800 --> 00:36:09,719 Speaker 2: a moment, it's not uncharacteristic. It's unheard off, is what 779 00:36:09,760 --> 00:36:12,520 Speaker 2: that is. And that was Can I just say it 780 00:36:12,600 --> 00:36:15,120 Speaker 2: was like barely at six o'clock, It was like five 781 00:36:15,160 --> 00:36:17,919 Speaker 2: minutes past six. The contribution was flowing in a way 782 00:36:17,920 --> 00:36:20,960 Speaker 2: that I could barely comprehend, and I've been around here 783 00:36:21,000 --> 00:36:22,840 Speaker 2: a while. I've not seen the like they changed the 784 00:36:22,840 --> 00:36:25,680 Speaker 2: coffee or there's something going on there. You're on the 785 00:36:25,760 --> 00:36:27,240 Speaker 2: you're on the shrooms or something. 786 00:36:27,280 --> 00:36:27,680 Speaker 18: But it was. 787 00:36:27,920 --> 00:36:30,080 Speaker 2: I mean, i've heard nothing from you since, so it's 788 00:36:30,080 --> 00:36:33,160 Speaker 2: an hour of quietness. But that first, like, I've fulfilled 789 00:36:33,200 --> 00:36:33,960 Speaker 2: my quota for the week. 790 00:36:34,000 --> 00:36:35,080 Speaker 6: Now I'm taking the rest of the week. 791 00:36:35,280 --> 00:36:38,400 Speaker 2: That early contribution was all we needed. Thirteen past seven. 792 00:36:39,480 --> 00:36:42,840 Speaker 1: The Hike Asking Breakfast Full Show podcast on I Have 793 00:36:43,080 --> 00:36:44,760 Speaker 1: Radio powered by News Talk. 794 00:36:44,600 --> 00:36:47,080 Speaker 2: Said, be it a sixteen past seven. By the way, 795 00:36:47,080 --> 00:36:49,560 Speaker 2: this Hipkins debate around tax and whether we need more 796 00:36:49,560 --> 00:36:51,440 Speaker 2: tax in this country will crunch a few numbers for 797 00:36:51,480 --> 00:36:53,520 Speaker 2: you in the next half hour of the program. Seven 798 00:36:53,640 --> 00:36:56,319 Speaker 2: a guy with us in the commentary box after rights, 799 00:36:56,320 --> 00:36:57,960 Speaker 2: speaking of thought the All Blacks heading home, of course, 800 00:36:57,960 --> 00:37:00,600 Speaker 2: having lost both upside as they will be taking on 801 00:37:00,640 --> 00:37:02,480 Speaker 2: Australia next to a turning out to be even more 802 00:37:02,600 --> 00:37:05,879 Speaker 2: useless than previously thought or seen. Ian Jones is back 803 00:37:05,880 --> 00:37:07,440 Speaker 2: with us on All of the Sea and morning to you. 804 00:37:08,239 --> 00:37:10,680 Speaker 6: Yeah, good morning, Mike, and wanting to your listeners. 805 00:37:10,800 --> 00:37:13,920 Speaker 2: The quality of the game itself. What's your assessment. 806 00:37:14,280 --> 00:37:18,480 Speaker 6: Off fast intensity watching as a spectator, you're absolutely why 807 00:37:18,480 --> 00:37:22,200 Speaker 6: I do anyway might get exhausted because you're so in 808 00:37:22,280 --> 00:37:24,960 Speaker 6: the moment, and so you know, we've got a bit 809 00:37:25,080 --> 00:37:27,880 Speaker 6: frantic forward the end, which kind of going please is 810 00:37:28,000 --> 00:37:31,680 Speaker 6: calm if down people out there, and we needed those 811 00:37:31,760 --> 00:37:35,360 Speaker 6: clear heads, especially from Body, especially from TJ. But it 812 00:37:35,360 --> 00:37:39,280 Speaker 6: actually looked like all of it weren't at last ten minutes, Mike. 813 00:37:39,160 --> 00:37:39,239 Speaker 1: And. 814 00:37:40,760 --> 00:37:42,960 Speaker 2: People if you reckon Body was on the bench for 815 00:37:43,040 --> 00:37:44,759 Speaker 2: too long and his head exploded a bit and he 816 00:37:45,000 --> 00:37:46,920 Speaker 2: needed to get all that energy out all in one 817 00:37:47,120 --> 00:37:48,200 Speaker 2: crazy sort of movement. 818 00:37:49,080 --> 00:37:52,239 Speaker 6: I kind of think, not just exactly Body, but you 819 00:37:52,280 --> 00:37:56,200 Speaker 6: know Darry as well. These big impact players very hard 820 00:37:56,800 --> 00:38:00,799 Speaker 6: in the frantic situation, regardless of where you are, Mike. 821 00:38:00,840 --> 00:38:04,239 Speaker 6: But to come on in those last ten minutes make 822 00:38:04,239 --> 00:38:06,600 Speaker 6: a difference. You need a little bit of time's been 823 00:38:06,680 --> 00:38:10,680 Speaker 6: starting the game to sixty. You know what subtle changes 824 00:38:10,719 --> 00:38:12,480 Speaker 6: can make. But we didn't make those when that was 825 00:38:12,520 --> 00:38:15,040 Speaker 6: an impact from the touching staff of the week before, 826 00:38:15,760 --> 00:38:17,719 Speaker 6: when those people came on and we gave away a 827 00:38:17,719 --> 00:38:20,719 Speaker 6: few penalties, et cetera, et cetera, didn't have conference. But 828 00:38:21,200 --> 00:38:25,120 Speaker 6: at the moment, I mean, the surbrogance are ruthless. They 829 00:38:25,120 --> 00:38:28,239 Speaker 6: are physically strong, They dominate you, they're weie you down. 830 00:38:28,800 --> 00:38:30,799 Speaker 6: I guess they got to measure at the moment and 831 00:38:30,840 --> 00:38:34,520 Speaker 6: they just hold intensity for longer periods than we are. 832 00:38:34,760 --> 00:38:37,160 Speaker 6: When we were at our peak a few years ago, 833 00:38:37,239 --> 00:38:40,240 Speaker 6: we could do that to opposition. At the moment, we're 834 00:38:40,320 --> 00:38:40,919 Speaker 6: just not there. 835 00:38:41,000 --> 00:38:42,319 Speaker 2: And I think that's a very good point. And I 836 00:38:42,320 --> 00:38:44,400 Speaker 2: think we've got to give credit to the South Africans. 837 00:38:44,440 --> 00:38:46,800 Speaker 2: This wasn't one of those games where every now and again, 838 00:38:46,960 --> 00:38:49,560 Speaker 2: at the right time, the right place, at altitude, whatever 839 00:38:49,880 --> 00:38:53,040 Speaker 2: they happen to win. They are consistent winners. They're World 840 00:38:53,120 --> 00:38:55,399 Speaker 2: Cup champions for a reason. They are the best side 841 00:38:55,400 --> 00:38:57,400 Speaker 2: in the world and they need to be congratulated for that, 842 00:38:57,440 --> 00:38:58,879 Speaker 2: don't they absolutely. 843 00:38:58,960 --> 00:39:02,200 Speaker 6: Mike can remember also so playing away from home in 844 00:39:02,200 --> 00:39:06,520 Speaker 6: front of their fanatical fans, it is an absolutely tense quadron. 845 00:39:07,080 --> 00:39:09,399 Speaker 6: We want to win those matches. We went good enough 846 00:39:09,400 --> 00:39:12,600 Speaker 6: for the last two and my god, we've given away 847 00:39:12,600 --> 00:39:15,080 Speaker 6: the freedom cap. We've had that for a long long time, 848 00:39:15,120 --> 00:39:17,279 Speaker 6: and you're right in you're intro we have to hold 849 00:39:17,320 --> 00:39:19,040 Speaker 6: on to that. There's a cup and we have to 850 00:39:19,040 --> 00:39:22,680 Speaker 6: get some momentum before we go to Europe at the 851 00:39:22,800 --> 00:39:25,760 Speaker 6: end of the year. But man, what games of football. 852 00:39:26,360 --> 00:39:29,880 Speaker 6: I mean, I'm biased, Mike. When rugby's played at that level, 853 00:39:30,080 --> 00:39:31,319 Speaker 6: it's the greatest game in the world. 854 00:39:31,400 --> 00:39:33,279 Speaker 2: Yeah, it's very high quality. I'll give you that one. 855 00:39:33,440 --> 00:39:36,320 Speaker 2: Although I could talk to you about Damien, Christy, Chanelle, 856 00:39:36,320 --> 00:39:38,279 Speaker 2: Harris Devita came to mind all of a sudden, I thought, 857 00:39:38,239 --> 00:39:39,879 Speaker 2: what's happened to people trying to kick the ball between 858 00:39:39,880 --> 00:39:42,800 Speaker 2: the sticks? Ian Jones with us. By the way, labor 859 00:39:42,840 --> 00:39:46,319 Speaker 2: really triggers me, Mike. While simultaneously spending all our money 860 00:39:46,360 --> 00:39:48,680 Speaker 2: and stuffing our economy last time round and appearing to 861 00:39:48,719 --> 00:39:50,600 Speaker 2: learn nothing from it, they want us to give even 862 00:39:50,640 --> 00:39:53,040 Speaker 2: more money for their next turn. Hopefully that's many, many 863 00:39:53,120 --> 00:39:55,000 Speaker 2: years away. It's that discussion to be held in about 864 00:39:55,000 --> 00:39:56,520 Speaker 2: tim and it's time nineteen past. 865 00:39:58,320 --> 00:40:02,520 Speaker 1: The Mike Asking Breakfast Full Show podcast on Payheart Radio 866 00:40:02,800 --> 00:40:04,240 Speaker 1: powered by News Talk Zippy. 867 00:40:04,960 --> 00:40:07,399 Speaker 2: Damien McKenzie is who I was referring to. Of course, 868 00:40:07,480 --> 00:40:10,080 Speaker 2: I used some other name for reasons best known to myself. 869 00:40:10,400 --> 00:40:12,640 Speaker 2: Some of us, by the way, speaking of illness, says 870 00:40:12,640 --> 00:40:14,120 Speaker 2: we were a moment ago still recovering, you know, the 871 00:40:14,200 --> 00:40:18,160 Speaker 2: old winterills springs in few sniffles about the place for you, 872 00:40:18,239 --> 00:40:20,600 Speaker 2: allergies for people. So the guys that are about health 873 00:40:20,880 --> 00:40:23,960 Speaker 2: have got some very good natural nutritional supplements that support 874 00:40:23,960 --> 00:40:25,480 Speaker 2: the immune system. So what have we got. We've got 875 00:40:25,480 --> 00:40:27,440 Speaker 2: the res Vee Ultimate, We've got the Lester's or got 876 00:40:27,440 --> 00:40:30,520 Speaker 2: the Ollie Resist High Strength. All from about Health, all 877 00:40:30,600 --> 00:40:34,960 Speaker 2: dubbed the Immune Support Pack supports healthy aging, energy, joints, 878 00:40:35,000 --> 00:40:37,520 Speaker 2: mood health most importantly keeps our immune system healthy and 879 00:40:37,600 --> 00:40:39,399 Speaker 2: will so you don't want to compromise with your health 880 00:40:39,400 --> 00:40:40,960 Speaker 2: this time of year. About Health we're on the phone 881 00:40:41,120 --> 00:40:43,399 Speaker 2: eight hundred triple nine three or nine. 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Last year was the first 891 00:41:08,360 --> 00:41:10,680 Speaker 2: time in twenty years there were fewer cafes in this 892 00:41:10,719 --> 00:41:12,920 Speaker 2: country than the year before. Now that isn't a reality 893 00:41:13,000 --> 00:41:15,279 Speaker 2: check on the state of our economy. Nothing is so Yes, 894 00:41:15,400 --> 00:41:17,920 Speaker 2: we're starting to see some light I think some confidence 895 00:41:17,960 --> 00:41:21,040 Speaker 2: here and interest rate cut there. But the tail end, 896 00:41:21,080 --> 00:41:23,239 Speaker 2: I hope it's the tail end of what is likely 897 00:41:23,280 --> 00:41:25,879 Speaker 2: three recessions and two years has taken a catastrophic chunk 898 00:41:25,880 --> 00:41:28,160 Speaker 2: out of the economy. I read a piece on an 899 00:41:28,200 --> 00:41:32,359 Speaker 2: international site over the weekend about the quote unquote economic 900 00:41:32,520 --> 00:41:36,799 Speaker 2: refugees who are fleeing New Zealand and record numbers. The 901 00:41:36,800 --> 00:41:39,360 Speaker 2: most appressing stories about this country are the ones written 902 00:41:39,400 --> 00:41:42,560 Speaker 2: by offshore operators. We only make the news around the 903 00:41:42,560 --> 00:41:45,399 Speaker 2: world for exceptional stuff, exceptionally good or in this case, 904 00:41:45,440 --> 00:41:48,200 Speaker 2: exceptionally bad. Let's do a piece on a basket case. 905 00:41:48,200 --> 00:41:49,759 Speaker 2: Who's the basket case we can fight? 906 00:41:49,840 --> 00:41:49,960 Speaker 6: Oh? 907 00:41:49,960 --> 00:41:53,840 Speaker 2: Oh good Old New Zealand. Pandoro announced on Friday that 908 00:41:53,880 --> 00:41:56,400 Speaker 2: they're closing in Wellington. Now they aren't the first, obviously, 909 00:41:56,440 --> 00:41:59,080 Speaker 2: they've been a growing business lately. On stories about closing 910 00:41:59,200 --> 00:42:01,840 Speaker 2: hospow businesses in the capitol. The owner I thought was 911 00:42:01,840 --> 00:42:04,640 Speaker 2: interesting though it seems for him to be a mix 912 00:42:04,680 --> 00:42:07,480 Speaker 2: of COVID as people went home and not everyone came 913 00:42:07,520 --> 00:42:10,680 Speaker 2: back also of cycle ways and bus lanes killing the traffic, 914 00:42:10,760 --> 00:42:14,319 Speaker 2: and road cones and construction who are actually closing roads 915 00:42:14,360 --> 00:42:16,799 Speaker 2: and therefore access. So obviously the economy is in there 916 00:42:16,840 --> 00:42:19,720 Speaker 2: as well. So the question then becomes just how badly 917 00:42:19,800 --> 00:42:22,439 Speaker 2: do you want to hobble your city's prospects for goodness sake? 918 00:42:22,719 --> 00:42:25,040 Speaker 2: In Wellington they are laying them off left, right and 919 00:42:25,080 --> 00:42:27,239 Speaker 2: center as well. So a lot of people going home 920 00:42:27,320 --> 00:42:29,360 Speaker 2: forced home, a lot of people losing their job, a 921 00:42:29,360 --> 00:42:32,080 Speaker 2: lot of places you can't get to. An economy going backwards. 922 00:42:32,239 --> 00:42:34,759 Speaker 2: I mean, good luck selling Chibata for goodness sake. On 923 00:42:34,840 --> 00:42:36,799 Speaker 2: the hospital scene, a lot of people come and go, 924 00:42:36,880 --> 00:42:39,359 Speaker 2: always have. Really, it's like construction. But when the names 925 00:42:39,360 --> 00:42:41,040 Speaker 2: are a bit well known, it always strikes me. It 926 00:42:41,040 --> 00:42:42,800 Speaker 2: sort of catches you a little bit, doesn't it. Remember 927 00:42:42,800 --> 00:42:46,360 Speaker 2: Smith and Coey or in Wellington's case, it was Kircaldy's Pandora. 928 00:42:46,440 --> 00:42:48,239 Speaker 2: I mean names that have been around, survived a lot, 929 00:42:48,320 --> 00:42:51,160 Speaker 2: seen hard times, and yet this time they can't do it. 930 00:42:51,600 --> 00:42:55,120 Speaker 2: What's that tell you about how badly this place has 931 00:42:55,120 --> 00:42:59,280 Speaker 2: been wrecked? So badly in fact, we make international headlines 932 00:42:59,280 --> 00:43:04,080 Speaker 2: out of it. Pasking Doug what was Dougie's last name 933 00:43:05,000 --> 00:43:09,560 Speaker 2: Dougie Martin. Dougie Martin has just broken the world record 934 00:43:10,280 --> 00:43:12,839 Speaker 2: for pull ups. Is that the same as chin ups? 935 00:43:15,320 --> 00:43:18,920 Speaker 2: So he's done nine thousand, two hundred and fifty of 936 00:43:18,960 --> 00:43:22,239 Speaker 2: them in twenty four hours, which obviously what you then 937 00:43:22,320 --> 00:43:24,080 Speaker 2: do is go, well, jeez, that sounds like a how 938 00:43:24,120 --> 00:43:25,680 Speaker 2: many is that an hour? And the answer is three 939 00:43:25,760 --> 00:43:28,359 Speaker 2: hundred and eighty five, three hundred and eighty five an hour. 940 00:43:28,400 --> 00:43:30,399 Speaker 2: Once you've done three hundred and eighty five an hour, Yes, 941 00:43:30,400 --> 00:43:32,120 Speaker 2: that seems like that seems quiet. How many is that 942 00:43:32,239 --> 00:43:36,480 Speaker 2: a minute? It's six a minute? Six a minute? Is 943 00:43:37,120 --> 00:43:39,320 Speaker 2: I mean you want to do it's doable for a minute, 944 00:43:39,600 --> 00:43:43,200 Speaker 2: one every ten seconds for a minute, and after that 945 00:43:43,239 --> 00:43:44,920 Speaker 2: you're starting to work a bit of a sweat up. 946 00:43:44,960 --> 00:43:47,920 Speaker 2: You want to drink, you want to pause, and really 947 00:43:47,960 --> 00:43:50,279 Speaker 2: the second minutes touch and go. I mean that's that's 948 00:43:50,320 --> 00:43:51,279 Speaker 2: me speaking to be honest. 949 00:43:51,280 --> 00:43:52,759 Speaker 14: I wouldn't have made it through the first minute. But 950 00:43:52,800 --> 00:43:53,879 Speaker 14: congratulations to you. 951 00:43:53,960 --> 00:43:58,360 Speaker 2: But Dougie, Dougie's done hours of it for twenty four hours, 952 00:43:58,520 --> 00:44:02,040 Speaker 2: and he's what's he look like? You're a photo? He's 953 00:44:02,120 --> 00:44:03,160 Speaker 2: quite wide at the top. 954 00:44:03,400 --> 00:44:06,440 Speaker 1: Yeah, and he's got and his hands are not in 955 00:44:06,480 --> 00:44:07,480 Speaker 1: good shape at the moment. 956 00:44:07,640 --> 00:44:11,080 Speaker 2: I'm not surprised he had blisters. Was he wearing gloves, well, 957 00:44:11,120 --> 00:44:15,920 Speaker 2: I don't know, bare hand chin ups, which does remind me. 958 00:44:16,040 --> 00:44:20,000 Speaker 2: I need you to watch that video again of Simone Biles, 959 00:44:20,480 --> 00:44:22,520 Speaker 2: who is married to what's his name, doesn't matter, she's 960 00:44:22,560 --> 00:44:25,600 Speaker 2: married to a football player, NFL football player. They were 961 00:44:25,600 --> 00:44:27,680 Speaker 2: at the gym with the rope hanging rope from the ceiling, 962 00:44:28,080 --> 00:44:30,759 Speaker 2: and they did a contest whereby they pulled themselves up 963 00:44:30,840 --> 00:44:33,000 Speaker 2: just with their arms, nothing else, pulled themselves up the 964 00:44:33,040 --> 00:44:36,480 Speaker 2: rope to the top. And she not only won. And 965 00:44:36,600 --> 00:44:40,000 Speaker 2: remember he's an elite athlete and strong and powerful, or 966 00:44:40,000 --> 00:44:42,520 Speaker 2: so you would think. And so she not only won, 967 00:44:42,719 --> 00:44:45,960 Speaker 2: but she won by so far it was embarrassing. Yeah, 968 00:44:46,000 --> 00:44:47,919 Speaker 2: but he'd way heats more than her, wouldn't he. Yeah, 969 00:44:47,920 --> 00:44:49,439 Speaker 2: he's got bigger arms then, so I mean. 970 00:44:49,360 --> 00:44:51,239 Speaker 1: I'd been more impressed as she had pulled him up 971 00:44:51,320 --> 00:44:52,320 Speaker 1: the rope. 972 00:44:53,120 --> 00:44:54,880 Speaker 2: You don't know that they don't do that for fun, 973 00:44:55,120 --> 00:44:59,959 Speaker 2: But anyway, on this particular video, she is just a freak. 974 00:45:00,000 --> 00:45:04,080 Speaker 2: It's incredible. It's uplifting to watch. You get puffed watching it. 975 00:45:04,239 --> 00:45:07,240 Speaker 2: You're wear yourself out just looking at it right. Tax 976 00:45:07,400 --> 00:45:09,680 Speaker 2: Chris Hopkins is having a crack at a tax conversation. 977 00:45:09,719 --> 00:45:12,120 Speaker 2: Do we want to partake on this? Is this going anywhere? 978 00:45:12,239 --> 00:45:13,719 Speaker 2: We'll crunch a few numbers for you. Up in the 979 00:45:13,760 --> 00:45:15,640 Speaker 2: news which is next there are news talks. 980 00:45:15,560 --> 00:45:21,200 Speaker 1: EDB setting the news agenda and digging into the issues. 981 00:45:21,520 --> 00:45:25,439 Speaker 1: The mic Hosking Breakfast with the Jaguar f base cut 982 00:45:25,480 --> 00:45:27,440 Speaker 1: from a different clath news togs EDB. 983 00:45:27,760 --> 00:45:29,200 Speaker 2: The reference I made to the piece I read over 984 00:45:29,239 --> 00:45:32,400 Speaker 2: the weekend economic refugees flee from New Zealander's cost of 985 00:45:32,480 --> 00:45:35,640 Speaker 2: living crisis deepens. I'll work you through the article because 986 00:45:35,719 --> 00:45:38,400 Speaker 2: a it's well worth reading and be mainly because it's 987 00:45:38,480 --> 00:45:40,920 Speaker 2: sort of unfortunately how at least some of the rest 988 00:45:40,920 --> 00:45:42,279 Speaker 2: of the world is seeing us. But speaking of the 989 00:45:42,320 --> 00:45:45,200 Speaker 2: economic trouble, Sasin Bide, which is a relatively well known 990 00:45:45,400 --> 00:45:49,799 Speaker 2: Genes manufacturer clothes manufacturer, is closing at Auckland store next 991 00:45:49,840 --> 00:45:54,200 Speaker 2: month along with nine outlets in Australia as well owned 992 00:45:54,200 --> 00:45:56,680 Speaker 2: by Meyer. There's only going to be four stores left. 993 00:45:56,760 --> 00:45:59,400 Speaker 2: They talk about online stuff and I just don't know 994 00:45:59,400 --> 00:46:01,880 Speaker 2: how much how much run while they got with that, 995 00:46:01,880 --> 00:46:03,799 Speaker 2: but they were founded back in nineteen ninety nine as 996 00:46:03,840 --> 00:46:07,440 Speaker 2: a denim label, so sold out of Portabello Market in Britain. 997 00:46:08,280 --> 00:46:11,080 Speaker 2: Maya bought sixty five percent of them for forty million 998 00:46:11,800 --> 00:46:14,680 Speaker 2: in twenty eleven and then they were so excited about 999 00:46:14,680 --> 00:46:18,160 Speaker 2: that they bought the rest of them. Now, unfortunately it's 1000 00:46:18,360 --> 00:46:20,560 Speaker 2: just been closed down twenty two minutes away from eight 1001 00:46:21,160 --> 00:46:23,480 Speaker 2: plenty of sport. The lads the commentary box after right 1002 00:46:23,480 --> 00:46:25,879 Speaker 2: Andrews Savile Guy have eld. Of course, meantime in a way, 1003 00:46:26,480 --> 00:46:28,879 Speaker 2: I guess you've got to admire and Cris Hopkins has 1004 00:46:28,920 --> 00:46:31,360 Speaker 2: begun won the long road back to power by two 1005 00:46:31,400 --> 00:46:34,200 Speaker 2: talking about taxing us more trouble as he sees it, 1006 00:46:34,320 --> 00:46:35,560 Speaker 2: because more of us are getting old. 1007 00:46:35,600 --> 00:46:37,880 Speaker 1: You can't say to people over the age of sixty 1008 00:46:37,880 --> 00:46:40,360 Speaker 1: five that they can have everything that we gave to 1009 00:46:40,400 --> 00:46:42,279 Speaker 1: people when there were fourteen percent of them, When there's 1010 00:46:42,280 --> 00:46:45,120 Speaker 1: twenty one percent and not increased government spending. The numbers 1011 00:46:45,160 --> 00:46:46,080 Speaker 1: just simply won't out up. 1012 00:46:46,200 --> 00:46:47,919 Speaker 2: So the Labor Party trying to work out what sort 1013 00:46:47,920 --> 00:46:50,279 Speaker 2: of tax policy they take to the campaign of twenty six. 1014 00:46:50,680 --> 00:46:54,719 Speaker 2: Denton's Kensington Swan partner and tax expert Bruce Banakis, Well, 1015 00:46:54,719 --> 00:46:56,040 Speaker 2: there's Bruce, very good morning to you. 1016 00:46:56,640 --> 00:46:57,120 Speaker 6: Good morning. 1017 00:46:57,600 --> 00:46:59,919 Speaker 2: Is there a case can you make a cogent coach 1018 00:47:00,080 --> 00:47:02,719 Speaker 2: piece of case to take more money from me? 1019 00:47:05,320 --> 00:47:05,520 Speaker 19: Oh? 1020 00:47:05,600 --> 00:47:08,520 Speaker 20: Look, I think there is a case there that Hipkins 1021 00:47:08,560 --> 00:47:10,560 Speaker 20: has raised that in ten years time, we're going to 1022 00:47:10,600 --> 00:47:13,360 Speaker 20: have you know, three workers for every retired person compared 1023 00:47:13,400 --> 00:47:15,480 Speaker 20: to four today, and in forty years time we'll have 1024 00:47:15,800 --> 00:47:19,000 Speaker 20: only two working age people for every one retired person. 1025 00:47:19,120 --> 00:47:21,359 Speaker 20: So there is a case for looking at our tax 1026 00:47:21,400 --> 00:47:23,640 Speaker 20: system and trying to raise more revenue to pay for that, 1027 00:47:23,680 --> 00:47:27,080 Speaker 20: because in our current settings it is unaffordable. But I 1028 00:47:27,080 --> 00:47:33,160 Speaker 20: think what Hipkins has disingenuously not talked about is the 1029 00:47:33,200 --> 00:47:36,799 Speaker 20: fundamentals of the underlying system, the fact, you know, we've 1030 00:47:36,800 --> 00:47:40,000 Speaker 20: got a relatively low entitlement age now by world standards 1031 00:47:40,000 --> 00:47:42,720 Speaker 20: at sixty five, and the fact it's not means tested. 1032 00:47:42,800 --> 00:47:44,920 Speaker 20: So he's wanting to tax us more without looking at 1033 00:47:44,960 --> 00:47:47,120 Speaker 20: the overall design of the system. 1034 00:47:46,719 --> 00:47:48,839 Speaker 2: Right, So there are plenty of ways to skin a cat, 1035 00:47:48,920 --> 00:47:49,719 Speaker 2: is what you're suggesting. 1036 00:47:50,480 --> 00:47:52,279 Speaker 20: Yeah, look, I think when you think about this, it's 1037 00:47:52,280 --> 00:47:55,080 Speaker 20: probably six levres a government can poll, right, so you know, 1038 00:47:55,120 --> 00:47:57,439 Speaker 20: it can tax us more, you can borrow more, which 1039 00:47:57,480 --> 00:48:00,120 Speaker 20: is what Hipkins has faulted to. You can raise the 1040 00:48:00,239 --> 00:48:02,680 Speaker 20: entitlement AIDS, which was labor. You know, labor has been 1041 00:48:02,680 --> 00:48:04,719 Speaker 20: in favor of in the past, and that's actually did 1042 00:48:04,719 --> 00:48:07,840 Speaker 20: in twenty seventeen legislated that and then it got unwhelmed. 1043 00:48:08,800 --> 00:48:11,040 Speaker 20: You can you can, you know means test. You could 1044 00:48:11,080 --> 00:48:13,840 Speaker 20: reintroduce the curve tax that we had back in the eighties. 1045 00:48:14,200 --> 00:48:16,759 Speaker 20: You can raise the immigration levels, bring in a lot 1046 00:48:16,760 --> 00:48:19,840 Speaker 20: more working age people to support the tax space, or 1047 00:48:19,880 --> 00:48:22,000 Speaker 20: you can you know hard, but you can try, and 1048 00:48:22,120 --> 00:48:24,080 Speaker 20: you know, governments can try and do something to increase 1049 00:48:24,080 --> 00:48:24,680 Speaker 20: birth rates. 1050 00:48:25,040 --> 00:48:25,960 Speaker 18: And so it's not just a. 1051 00:48:25,960 --> 00:48:27,240 Speaker 20: Tax and borrow discussion. 1052 00:48:27,320 --> 00:48:28,360 Speaker 18: It's like, let's have a look. 1053 00:48:28,200 --> 00:48:30,160 Speaker 20: At the overall design of the system and how we're 1054 00:48:30,160 --> 00:48:30,719 Speaker 20: going to afford it. 1055 00:48:30,800 --> 00:48:31,000 Speaker 21: Yeah. 1056 00:48:31,000 --> 00:48:33,479 Speaker 2: See, I'd been favor of growing stuff and making more 1057 00:48:33,640 --> 00:48:36,080 Speaker 2: and just keeping tax the way it is because and 1058 00:48:36,080 --> 00:48:37,879 Speaker 2: we don't seem to talk about that enough. But that's 1059 00:48:37,920 --> 00:48:40,880 Speaker 2: as doable as grabbing money off of the small you know, 1060 00:48:40,920 --> 00:48:42,759 Speaker 2: the smaller piece of pie, so to speak, isn't it. 1061 00:48:43,560 --> 00:48:47,160 Speaker 20: Yeah, absolutely it is. And you know, the projections going 1062 00:48:47,239 --> 00:48:51,200 Speaker 20: forward over the next ten years, the cost of superannuation 1063 00:48:51,360 --> 00:48:53,080 Speaker 20: is a percentage of the tax take will go from 1064 00:48:53,120 --> 00:48:56,080 Speaker 20: seventeen percent to twenty one percent, and that's what the 1065 00:48:56,800 --> 00:49:00,279 Speaker 20: cost of super doubling over that period. But assuming an 1066 00:49:00,360 --> 00:49:02,440 Speaker 20: increase in the size of the tax take. Now, if 1067 00:49:02,480 --> 00:49:07,440 Speaker 20: you can actually make this country a more business friendly 1068 00:49:07,560 --> 00:49:10,719 Speaker 20: place to do business, get more activity, grow the tax base, 1069 00:49:10,760 --> 00:49:13,880 Speaker 20: and that will also, as you say, become more affordable. 1070 00:49:14,040 --> 00:49:15,920 Speaker 2: So the politics of it all then comes into it, 1071 00:49:15,920 --> 00:49:18,359 Speaker 2: doesn't it. I mean the idea that I mean. It's 1072 00:49:18,400 --> 00:49:22,880 Speaker 2: the selling of the idea, not the mathematical mechanics of it, 1073 00:49:22,960 --> 00:49:24,600 Speaker 2: isn't it really, I mean that's the crux of it. 1074 00:49:25,840 --> 00:49:26,120 Speaker 6: Yeah. 1075 00:49:26,440 --> 00:49:28,640 Speaker 20: And as I said, I think our politicians have done 1076 00:49:28,719 --> 00:49:30,960 Speaker 20: us a disservice in this regard. I mean everyone now 1077 00:49:31,080 --> 00:49:34,680 Speaker 20: seems too too scared to face into this issue to 1078 00:49:34,680 --> 00:49:37,799 Speaker 20: start talking about raising the entitlement age again, to look 1079 00:49:37,800 --> 00:49:40,279 Speaker 20: at means testing, and to have an honest discussion maybe 1080 00:49:40,320 --> 00:49:42,560 Speaker 20: about things like capital gains tax. You know, we've had 1081 00:49:43,120 --> 00:49:45,200 Speaker 20: a full review of the tax system we did back 1082 00:49:45,239 --> 00:49:48,080 Speaker 20: in twenty nineteen where the Tax Working Group recommended a 1083 00:49:48,080 --> 00:49:53,040 Speaker 20: capital gains tax. We've got offshore organizations IMFOECD saying we're 1084 00:49:53,080 --> 00:49:55,600 Speaker 20: an outlier and not having a capital gains tax. I 1085 00:49:55,640 --> 00:49:58,360 Speaker 20: think we need to have an honest discussion as a 1086 00:49:58,440 --> 00:50:01,040 Speaker 20: country about how we're going to afford this and making 1087 00:50:01,080 --> 00:50:03,759 Speaker 20: sure people have dignity and retirement while not you know, 1088 00:50:03,920 --> 00:50:05,400 Speaker 20: strangling the life out of the economy. 1089 00:50:05,560 --> 00:50:08,560 Speaker 2: Isn't there a sort of some cute dos to be 1090 00:50:08,600 --> 00:50:10,920 Speaker 2: gained by being an outlier just because somebody's got a 1091 00:50:10,920 --> 00:50:13,239 Speaker 2: whole bunch of taxes, Why do you automatically want to 1092 00:50:13,320 --> 00:50:14,000 Speaker 2: join that club? 1093 00:50:15,280 --> 00:50:17,520 Speaker 20: Well, because I think it shows it's effective, and personally, 1094 00:50:17,560 --> 00:50:19,440 Speaker 20: I would be far more in favor of having a 1095 00:50:19,480 --> 00:50:22,680 Speaker 20: capital gains tax, which has proven worldwide that it works, 1096 00:50:22,719 --> 00:50:24,919 Speaker 20: as opposed to going down the rabbit holes of wealth 1097 00:50:25,280 --> 00:50:28,960 Speaker 20: taxes and inheritance taxes and messing with the GST system 1098 00:50:29,000 --> 00:50:31,040 Speaker 20: and all these other weird and wonderful ideas that cropped 1099 00:50:31,120 --> 00:50:33,520 Speaker 20: up at the last election, and you know, continue to 1100 00:50:33,560 --> 00:50:36,400 Speaker 20: pop up. I think a capital gains tax works and 1101 00:50:36,480 --> 00:50:39,600 Speaker 20: are shown to be works and be far more, far 1102 00:50:39,680 --> 00:50:43,399 Speaker 20: less disruptive and potentially economically damaging than a wealth tax. 1103 00:50:43,600 --> 00:50:45,120 Speaker 2: This could be one of those things that you know, 1104 00:50:45,120 --> 00:50:48,120 Speaker 2: when they talk about infrastructure and getting cross party support, 1105 00:50:48,200 --> 00:50:50,440 Speaker 2: this is a cross party support type discussion. So you 1106 00:50:50,520 --> 00:50:52,000 Speaker 2: send it off to a bunch of experts to have 1107 00:50:52,080 --> 00:50:54,080 Speaker 2: a look at it. They make a recommendation. Two main 1108 00:50:54,120 --> 00:50:57,200 Speaker 2: parties go actually in the you know, for the benefit 1109 00:50:57,280 --> 00:50:59,600 Speaker 2: of this country overall. This is the bit we agree 1110 00:50:59,640 --> 00:51:01,160 Speaker 2: on because that's the only way you're going to get 1111 00:51:01,160 --> 00:51:02,160 Speaker 2: across the line, isn't it. 1112 00:51:02,840 --> 00:51:03,279 Speaker 6: I think so. 1113 00:51:03,560 --> 00:51:05,400 Speaker 20: And as I said, this has been a political football 1114 00:51:05,400 --> 00:51:08,040 Speaker 20: for too long. I have vague recollections of the superinnuation 1115 00:51:08,080 --> 00:51:10,239 Speaker 20: of cordback in the early nineties and Bolder and war 1116 00:51:10,280 --> 00:51:12,920 Speaker 20: and getting together, and it's like, well, it's obviously all 1117 00:51:12,960 --> 00:51:15,480 Speaker 20: fallen apart. We need something like that. We need some 1118 00:51:15,560 --> 00:51:18,080 Speaker 20: settings that are there for the long term and are 1119 00:51:18,080 --> 00:51:20,760 Speaker 20: taken out of politics. And you know, people can disagree 1120 00:51:20,800 --> 00:51:24,480 Speaker 20: about the specifics of the tax system and how we 1121 00:51:24,520 --> 00:51:27,200 Speaker 20: pay for it, but in terms of things like means testing, 1122 00:51:27,360 --> 00:51:31,120 Speaker 20: entitlement ages and basic design settings, you know, we need 1123 00:51:31,160 --> 00:51:32,840 Speaker 20: bipartisan support on that good stuff. 1124 00:51:32,840 --> 00:51:36,719 Speaker 2: Bruce, preciate your expertise. Bruce Bernaki, who's Denton's Kensington Swan 1125 00:51:36,840 --> 00:51:43,239 Speaker 2: partner and tax experts seventeen away from eight tasking Mike 1126 00:51:43,400 --> 00:51:47,040 Speaker 2: I was informed over the weekend that Auckland University is 1127 00:51:47,080 --> 00:51:50,520 Speaker 2: introducing a compulsory undergraduate course for all in the first year. 1128 00:51:50,920 --> 00:51:52,879 Speaker 2: Take a look at it. Funnily enough that you text 1129 00:51:52,880 --> 00:51:55,719 Speaker 2: me about that, I have because we've been involved in 1130 00:51:55,760 --> 00:51:57,799 Speaker 2: this very thing. So when you say you're informed, I 1131 00:51:57,840 --> 00:52:01,480 Speaker 2: can confirm it's real. It is what nonsense and brainwashing. 1132 00:52:02,120 --> 00:52:06,120 Speaker 2: Universities are supposed to ignite hypothesis driven learning and research, 1133 00:52:06,200 --> 00:52:09,560 Speaker 2: not in doctrination. It doesn't surprise me Auckland, like many 1134 00:52:09,560 --> 00:52:12,319 Speaker 2: other universities, have become intoxicated with power that they were 1135 00:52:12,320 --> 00:52:14,719 Speaker 2: given during the adern era. Yeah, it came as a 1136 00:52:14,800 --> 00:52:17,000 Speaker 2: surprise to us. And that's a discussion we've held at 1137 00:52:17,040 --> 00:52:19,279 Speaker 2: our household recently. And I tell you more in a moment. 1138 00:52:19,320 --> 00:52:24,160 Speaker 1: Sixteen too, the Mike Asking Breakfast Full Show podcast on 1139 00:52:24,320 --> 00:52:26,400 Speaker 1: iHeartRadio powered by the News. 1140 00:52:26,239 --> 00:52:29,520 Speaker 2: Talks that'd be Mike, why would we not make quy 1141 00:52:29,520 --> 00:52:32,200 Speaker 2: sober compulsory and also somehow make it an untouchable part 1142 00:52:32,239 --> 00:52:34,560 Speaker 2: of social welfare payments because we don't want compulsion in 1143 00:52:34,560 --> 00:52:37,080 Speaker 2: this country. Maybe you want to run your own life, 1144 00:52:37,080 --> 00:52:39,560 Speaker 2: make your own decisions. I'm not in QI sober, never 1145 00:52:39,560 --> 00:52:42,400 Speaker 2: had been, because I decided a long time ago I 1146 00:52:42,400 --> 00:52:44,920 Speaker 2: could do things differently, and I'm perfectly happy to have 1147 00:52:44,960 --> 00:52:46,640 Speaker 2: done that. And why wouldn't I want to have the 1148 00:52:46,719 --> 00:52:48,200 Speaker 2: choice and be able to have the choice. Mike, if 1149 00:52:48,200 --> 00:52:49,799 Speaker 2: there's going to be a capital gains tax, will there 1150 00:52:49,840 --> 00:52:52,120 Speaker 2: also be a capital loss tax? I could go down 1151 00:52:52,120 --> 00:52:54,000 Speaker 2: that rabbit hole forever. But you know what the answer 1152 00:52:54,040 --> 00:52:57,680 Speaker 2: to that particular question is yes. So the university. University 1153 00:52:57,680 --> 00:53:00,319 Speaker 2: has had open days recently and one of the ones 1154 00:53:00,320 --> 00:53:04,160 Speaker 2: we discovered Auckland's got this new compulsory course, which came 1155 00:53:04,160 --> 00:53:05,880 Speaker 2: as a real surprise to us because one of the 1156 00:53:05,880 --> 00:53:08,960 Speaker 2: great things about university is you can essentially do what 1157 00:53:09,000 --> 00:53:12,840 Speaker 2: you want. You go from the cloistered environs of secondary school, 1158 00:53:13,239 --> 00:53:15,279 Speaker 2: where you it's a little bit different these days in 1159 00:53:15,280 --> 00:53:17,239 Speaker 2: the year thirteen. You can pretty much take whatever you want, 1160 00:53:17,280 --> 00:53:19,960 Speaker 2: but you can find you still can fine, whereas university 1161 00:53:20,000 --> 00:53:21,960 Speaker 2: the whole idea as you go into this this wonderful 1162 00:53:22,000 --> 00:53:24,319 Speaker 2: space where you can study what you want, when you want, 1163 00:53:24,360 --> 00:53:26,240 Speaker 2: how you want, why you want, and you know, develop 1164 00:53:26,280 --> 00:53:29,080 Speaker 2: yourself into the wider world until now, of course, when 1165 00:53:29,080 --> 00:53:30,480 Speaker 2: all of a sudden they say, well this is the 1166 00:53:30,480 --> 00:53:32,680 Speaker 2: course that you need to take. What we found interesting 1167 00:53:33,440 --> 00:53:37,239 Speaker 2: is when we were presented with this particular course, we said, 1168 00:53:37,280 --> 00:53:40,480 Speaker 2: what what is it? And what we discovered that was 1169 00:53:40,480 --> 00:53:43,160 Speaker 2: fascinating is no one could explain what it was and 1170 00:53:43,239 --> 00:53:45,719 Speaker 2: what it is. It's a Maori based course. They didn't 1171 00:53:45,719 --> 00:53:48,120 Speaker 2: want to say that, of course it's but it's about 1172 00:53:48,120 --> 00:53:52,200 Speaker 2: being Maray, knowing Mari, understanding maor understanding the Mari language, 1173 00:53:52,239 --> 00:53:55,360 Speaker 2: how Mari language and culture interrelates with you know, everything 1174 00:53:55,400 --> 00:53:57,239 Speaker 2: else going on in the world. But they couldn't. They 1175 00:53:57,239 --> 00:53:59,560 Speaker 2: couldn't articulate that because that might be a bit you know, 1176 00:53:59,640 --> 00:54:02,399 Speaker 2: I don't embarrassing anyway, So they sort of said, it's 1177 00:54:02,560 --> 00:54:06,600 Speaker 2: sort of to do with society and how society integrates 1178 00:54:06,600 --> 00:54:09,680 Speaker 2: and works and stuff like that. So even they appeared 1179 00:54:09,719 --> 00:54:11,840 Speaker 2: to be moderately embarrassed by what they were doing. But 1180 00:54:11,880 --> 00:54:14,719 Speaker 2: what you know about universities, it was once upon a 1181 00:54:14,760 --> 00:54:18,480 Speaker 2: time free choice because after all, you're paying. But not anymore, 1182 00:54:18,600 --> 00:54:21,840 Speaker 2: not at Auckland, which is most upsetting, Mike. You're dreaming 1183 00:54:21,880 --> 00:54:24,080 Speaker 2: if you think that this is the tail end of 1184 00:54:24,080 --> 00:54:26,239 Speaker 2: the downturn, a rate cut or two or three will 1185 00:54:26,239 --> 00:54:28,520 Speaker 2: make no real material difference. This as a global issue. 1186 00:54:28,520 --> 00:54:30,239 Speaker 2: Germany and China are on the brink of and all 1187 00:54:30,239 --> 00:54:32,960 Speaker 2: out collapse. That's bollocks. And the US is only months 1188 00:54:32,960 --> 00:54:35,680 Speaker 2: away now from seeing the effects of this rubbish, and 1189 00:54:35,719 --> 00:54:37,560 Speaker 2: it will be in recession before you know it. It's 1190 00:54:37,640 --> 00:54:42,480 Speaker 2: very alarmed. It's nonsense, isn't it. China's got troubles, Germany's 1191 00:54:42,520 --> 00:54:45,560 Speaker 2: run by a basket case coalition of three, but they're 1192 00:54:45,640 --> 00:54:47,520 Speaker 2: still a fairly robust sort of economy. And as for 1193 00:54:47,560 --> 00:54:49,920 Speaker 2: the US, there's a bit of debate around where the 1194 00:54:49,960 --> 00:54:51,799 Speaker 2: Powell needs to go a quarter point and a half point, 1195 00:54:51,800 --> 00:54:54,080 Speaker 2: but you know, the size and the robustness of the 1196 00:54:54,080 --> 00:54:56,839 Speaker 2: American economy is going to see no such trauma as 1197 00:54:56,840 --> 00:54:58,520 Speaker 2: far as I can work out. We're off to the 1198 00:54:58,520 --> 00:55:02,279 Speaker 2: Aims Games in a moment. Turn away from eight the. 1199 00:55:02,360 --> 00:55:06,160 Speaker 1: Mic Hosking breakfast with Bailey's real estate hues talk said be. 1200 00:55:06,320 --> 00:55:08,120 Speaker 2: Given away from it. Twong is a big week out. 1201 00:55:08,120 --> 00:55:10,320 Speaker 2: Thirteen thousand kids hit the Bay for the Ames Games, 1202 00:55:10,320 --> 00:55:12,520 Speaker 2: of course, three hundred and ninety Ish schools, twenty four 1203 00:55:12,520 --> 00:55:15,200 Speaker 2: thousand visitors in totally The Games. Games tournament director was 1204 00:55:15,239 --> 00:55:16,600 Speaker 2: Kelly Shiska, who is with us. 1205 00:55:16,680 --> 00:55:19,560 Speaker 22: Kelly morning, Good morning, how am i. 1206 00:55:19,760 --> 00:55:23,080 Speaker 2: I'm very well, indeed bigger and better than ever. 1207 00:55:24,080 --> 00:55:26,600 Speaker 13: Bigger and better than ever, as we are every year. 1208 00:55:27,120 --> 00:55:31,440 Speaker 2: Good so the socio. I don't even know how to 1209 00:55:31,719 --> 00:55:34,480 Speaker 2: the economy. I mean, people having trouble raising money to 1210 00:55:34,520 --> 00:55:36,200 Speaker 2: get their schools and all that sort of stuff, or 1211 00:55:36,200 --> 00:55:37,040 Speaker 2: as it seemed to work out. 1212 00:55:37,080 --> 00:55:40,200 Speaker 13: Okay, oh look, I think it's it's really tough for 1213 00:55:40,239 --> 00:55:43,080 Speaker 13: everyone at the moment, isn't it that. I think we're 1214 00:55:43,120 --> 00:55:46,160 Speaker 13: incredibly lucky with this event. You know, it's such a 1215 00:55:46,160 --> 00:55:48,319 Speaker 13: good thing for the kids who participate, and you know, 1216 00:55:48,360 --> 00:55:49,920 Speaker 13: the ones that are here have been really lucky to 1217 00:55:49,960 --> 00:55:52,640 Speaker 13: have their communities and their schools behind them in terms 1218 00:55:52,680 --> 00:55:54,600 Speaker 13: of you know, sun raising that kind of kicked off 1219 00:55:54,600 --> 00:55:56,759 Speaker 13: with them in Sebrey this year. So so a year 1220 00:55:56,840 --> 00:55:58,680 Speaker 13: of training and a year of fundraising and now it's 1221 00:55:58,680 --> 00:56:00,960 Speaker 13: time to have a week long sleeper with their friends. 1222 00:56:01,239 --> 00:56:02,880 Speaker 2: What's the weather and track for the week? 1223 00:56:04,120 --> 00:56:07,320 Speaker 13: We that is looking fantastic. Yeah, we've had a couple 1224 00:56:07,320 --> 00:56:11,640 Speaker 13: of really amazing days and it is magical down here today. 1225 00:56:12,000 --> 00:56:15,080 Speaker 2: And the impact, I mean, the city must love you guys. 1226 00:56:15,200 --> 00:56:17,800 Speaker 2: I mean the number of people in restaurants and sausage 1227 00:56:17,840 --> 00:56:20,879 Speaker 2: rolls and sandwiches and trips and stuff that are sold. 1228 00:56:21,400 --> 00:56:26,960 Speaker 13: Incredible bananas, big markets are bananas this week on. 1229 00:56:27,160 --> 00:56:29,400 Speaker 2: I mean it must be hugin put into the city 1230 00:56:29,400 --> 00:56:30,880 Speaker 2: though it is. 1231 00:56:31,040 --> 00:56:36,240 Speaker 13: Yeah, I mean last year estimated you know, estimated figures. 1232 00:56:36,239 --> 00:56:38,600 Speaker 13: We're just under seventy five thousand mid nights to the 1233 00:56:38,640 --> 00:56:41,279 Speaker 13: city over the course of the week and six point 1234 00:56:41,320 --> 00:56:46,120 Speaker 13: five million dollars bumped into the economy. So yeah, incredible 1235 00:56:46,120 --> 00:56:48,239 Speaker 13: for the city. But we're also really lucky because the 1236 00:56:48,320 --> 00:56:51,960 Speaker 13: city does embrace the event and really does welcome out 1237 00:56:51,960 --> 00:56:53,600 Speaker 13: as it is and make them feel welcome while they're here. 1238 00:56:53,680 --> 00:56:55,880 Speaker 2: Funnily enough, we were having a discussion now wider family's 1239 00:56:55,920 --> 00:56:58,080 Speaker 2: partially involved. We got somebody down there and we were 1240 00:56:58,080 --> 00:56:59,719 Speaker 2: trying to work out and trying to remember from our 1241 00:56:59,719 --> 00:57:03,640 Speaker 2: own is it about is how elite are these people 1242 00:57:03,760 --> 00:57:05,759 Speaker 2: or do you have to basically just the top team 1243 00:57:05,800 --> 00:57:06,400 Speaker 2: from the school. 1244 00:57:07,680 --> 00:57:10,360 Speaker 13: Well depends on the sport and the course. Schools approach 1245 00:57:10,400 --> 00:57:13,680 Speaker 13: it differently, you know. Just because we are at capacity 1246 00:57:13,840 --> 00:57:16,160 Speaker 13: in some of the team sports, schools can only enter 1247 00:57:17,520 --> 00:57:20,520 Speaker 13: one team in a lot of the team sports, or 1248 00:57:20,800 --> 00:57:23,320 Speaker 13: or at least in one division. But you know, absolutely 1249 00:57:23,320 --> 00:57:25,480 Speaker 13: across the twenty seven sporting codes, there's a lot of 1250 00:57:25,520 --> 00:57:28,280 Speaker 13: those sports that are uncapped, so schools can enter as 1251 00:57:28,280 --> 00:57:30,760 Speaker 13: many kids as they like. You know, and it's really 1252 00:57:30,760 --> 00:57:32,800 Speaker 13: dependent on the size and scale of the school as well. 1253 00:57:33,560 --> 00:57:35,560 Speaker 13: Some schools don't have many year sevens in year acts 1254 00:57:35,560 --> 00:57:39,280 Speaker 13: and they're sending their whole contingent. So yeah, well. 1255 00:57:39,160 --> 00:57:39,440 Speaker 6: You have that. 1256 00:57:39,480 --> 00:57:41,200 Speaker 2: You have the best of time, Kelly. Nice to catch 1257 00:57:41,240 --> 00:57:43,360 Speaker 2: up with you as always, Kelly Shishka, who's the AIMS 1258 00:57:43,440 --> 00:57:47,200 Speaker 2: Games tournament director. Five minutes away from asking of Regional 1259 00:57:47,280 --> 00:57:49,000 Speaker 2: New Zealand. One of the more interesting pieces I read 1260 00:57:49,000 --> 00:57:50,959 Speaker 2: in the Herald over the weekend was the story about 1261 00:57:50,960 --> 00:57:53,440 Speaker 2: Hawk's Bay. And I'm sure it's applicable all over the place, 1262 00:57:54,680 --> 00:57:56,840 Speaker 2: but all these jobs are available in Hawk's Bay that 1263 00:57:56,880 --> 00:58:00,000 Speaker 2: you would think, why are they still available? So, for example, 1264 00:58:00,320 --> 00:58:02,280 Speaker 2: you're looking for a boss of the airport CEO of 1265 00:58:02,280 --> 00:58:05,200 Speaker 2: the airport. That job's been opened for nine months. That's 1266 00:58:05,240 --> 00:58:06,680 Speaker 2: the point of this. This is not just a job. 1267 00:58:07,000 --> 00:58:08,880 Speaker 2: It's a job that's been opened for nine months. Why 1268 00:58:08,920 --> 00:58:10,480 Speaker 2: is it taking nine months to find a CEO for 1269 00:58:10,520 --> 00:58:12,680 Speaker 2: an airport? Is there something wrong with the airport? There's 1270 00:58:12,720 --> 00:58:15,000 Speaker 2: something wrong with Hawk's Bay. They're not a lot of 1271 00:58:15,000 --> 00:58:18,440 Speaker 2: people who want to get into aviation. Generally, there's a 1272 00:58:18,480 --> 00:58:21,880 Speaker 2: sider maker who's looking for a new chief executive called Zephyr. 1273 00:58:22,640 --> 00:58:25,560 Speaker 2: They can't find anybody the Cape Kidnappers, which is a 1274 00:58:25,560 --> 00:58:29,240 Speaker 2: beautiful place, fabulous place. They're looking for an executive assistant 1275 00:58:29,280 --> 00:58:32,200 Speaker 2: manager that they can't find. If you want to be 1276 00:58:32,240 --> 00:58:34,600 Speaker 2: a wildlife manager, do you know for the Department of 1277 00:58:34,600 --> 00:58:38,560 Speaker 2: Conservation you were in one hundred and sixty one thousand 1278 00:58:38,600 --> 00:58:41,439 Speaker 2: dollars a year as a wildlife manager in Hawk's Bay. 1279 00:58:41,760 --> 00:58:43,560 Speaker 2: That's good money to be a while I've manager. They 1280 00:58:43,560 --> 00:58:45,520 Speaker 2: can't fill a job. Why not a whole bunch of 1281 00:58:45,560 --> 00:58:50,040 Speaker 2: health roles, ear nose and throats specialist. Can't find one 1282 00:58:50,120 --> 00:58:52,880 Speaker 2: for love nor money. Then I get round to Peter Hughes, 1283 00:58:53,000 --> 00:58:54,600 Speaker 2: who you won't remember, but he was the head of 1284 00:58:54,600 --> 00:58:57,520 Speaker 2: the public service. He was the Public Service Commissioner and 1285 00:58:57,600 --> 00:58:59,640 Speaker 2: he left at the beginning of the year. In fact, 1286 00:58:59,680 --> 00:59:01,520 Speaker 2: he told as he was leaving last year and left 1287 00:59:01,520 --> 00:59:03,600 Speaker 2: at the beginning of the year. They still haven't filled 1288 00:59:03,600 --> 00:59:06,240 Speaker 2: that job. Now, I can, I mean, who wants to 1289 00:59:06,240 --> 00:59:07,919 Speaker 2: be the head of the public service? I mean, really 1290 00:59:07,920 --> 00:59:09,600 Speaker 2: I think I can. You can see it if I 1291 00:59:09,680 --> 00:59:11,720 Speaker 2: was going to be, if they said Mike pick a job, 1292 00:59:11,800 --> 00:59:13,960 Speaker 2: I'd be the boss of the airport in Hawk's Bay. 1293 00:59:14,040 --> 00:59:16,960 Speaker 2: I reckon, that'd be awesome, whereas being the head of 1294 00:59:16,960 --> 00:59:19,920 Speaker 2: the public service and be boring airs. But that's just 1295 00:59:20,040 --> 00:59:22,200 Speaker 2: me and there must be people. So how is it 1296 00:59:22,240 --> 00:59:25,320 Speaker 2: that we have the situation whereby we literally and I 1297 00:59:25,320 --> 00:59:27,240 Speaker 2: don't I don't assume it's not money. I'm ssuming there's 1298 00:59:27,240 --> 00:59:28,840 Speaker 2: good money to be head of the public service. How 1299 00:59:28,840 --> 00:59:30,680 Speaker 2: come we can't find people to do these job? What's 1300 00:59:30,720 --> 00:59:33,280 Speaker 2: going on there? Let's do some sport with the lads 1301 00:59:33,320 --> 00:59:35,880 Speaker 2: after the news, You're. 1302 00:59:35,760 --> 00:59:40,280 Speaker 1: Trusted home the news Sport Entertainment's Opinion and Mike Mike 1303 00:59:40,360 --> 00:59:45,120 Speaker 1: Hosking Breakfast with Bailey's real Estate, your local experts across residential, 1304 00:59:45,160 --> 00:59:47,240 Speaker 1: commercial and rural news togs. 1305 00:59:46,960 --> 00:59:54,440 Speaker 4: That'd be erspro's no. 1306 00:59:53,000 --> 01:00:02,960 Speaker 3: No r comptor towards the upright and that's over, Tasamin Tesmon. 1307 01:00:03,640 --> 01:00:05,240 Speaker 8: When the Red. 1308 01:00:05,120 --> 01:00:09,680 Speaker 16: Belly shield for the first time in their young history, 1309 01:00:09,760 --> 01:00:10,480 Speaker 16: can't don turn a. 1310 01:00:10,480 --> 01:00:12,840 Speaker 18: Brigand side and I'll take it out. 1311 01:00:13,960 --> 01:00:14,760 Speaker 6: And south. 1312 01:00:16,160 --> 01:00:20,360 Speaker 15: Beat the old Blacks eighteen pills and for the. 1313 01:00:20,240 --> 01:00:22,920 Speaker 5: First time, and siventy. 1314 01:00:22,560 --> 01:00:28,560 Speaker 22: Finds the old Blacks close. Four Straights turn their old foes. 1315 01:00:28,840 --> 01:00:32,360 Speaker 1: The Monday Morning Commentary Box on the Mike Husking Breakfast 1316 01:00:32,480 --> 01:00:37,560 Speaker 1: with Spears Finance, supporting Kiwi businesses with asset and equipment finance. 1317 01:00:37,160 --> 01:00:39,960 Speaker 2: Even seven past side guys Belt. This was as a 1318 01:00:39,960 --> 01:00:42,720 Speaker 2: song with Andrew Sevil. Good morning to you Burday morning. 1319 01:00:42,800 --> 01:00:44,680 Speaker 2: Didn't I ask you last week? Go house your new 1320 01:00:44,760 --> 01:00:45,280 Speaker 2: job going. 1321 01:00:46,360 --> 01:00:50,280 Speaker 21: It's great, Thank you. Had a very big weekend doing 1322 01:00:50,680 --> 01:00:55,440 Speaker 21: uh well co hosting I suppose Saturday coverage and then 1323 01:00:55,560 --> 01:00:58,520 Speaker 21: we hit our first edition of our new show Weighan 1324 01:00:58,680 --> 01:01:01,800 Speaker 21: on Treckside one morning and then yesterday I m Seed 1325 01:01:01,880 --> 01:01:04,880 Speaker 21: co em Seed the Horse of the Year awards down 1326 01:01:04,960 --> 01:01:07,439 Speaker 21: in Hamilton. So it's been a big couple of days 1327 01:01:07,440 --> 01:01:08,640 Speaker 21: but it's been outstand. 1328 01:01:08,640 --> 01:01:10,160 Speaker 22: Who he's still allowed to gamble? 1329 01:01:10,840 --> 01:01:13,040 Speaker 2: Good question? Good quite can Yeah? 1330 01:01:13,120 --> 01:01:14,439 Speaker 6: I'm allowed? Yeah yeah? 1331 01:01:14,760 --> 01:01:18,280 Speaker 21: Who won the award? Imperators did probably no surprise to 1332 01:01:18,320 --> 01:01:21,120 Speaker 21: people who follow racing. She was outstanding last season. I 1333 01:01:21,160 --> 01:01:25,080 Speaker 21: went to Australia and beat their best sprinters and was 1334 01:01:25,200 --> 01:01:28,680 Speaker 21: rated the highest rated mayor in the. 1335 01:01:28,640 --> 01:01:29,600 Speaker 6: World at one point. 1336 01:01:30,000 --> 01:01:32,560 Speaker 21: She is a phenomenal horse and so she scoops a 1337 01:01:32,600 --> 01:01:33,880 Speaker 21: lot of the awards. But it was a great night. 1338 01:01:33,920 --> 01:01:36,760 Speaker 21: Peter and Dawn Williams, who have been long servants to 1339 01:01:36,840 --> 01:01:39,880 Speaker 21: New Zealand racing, won the Contribution to Racing Award, which 1340 01:01:39,880 --> 01:01:42,200 Speaker 21: I think was a whole lot highlight for many. 1341 01:01:42,240 --> 01:01:46,560 Speaker 22: The We noticed Tarah's voices changed a bit. Mike a 1342 01:01:46,680 --> 01:01:48,640 Speaker 22: racing commentator and they're coming around the bend and. 1343 01:01:50,520 --> 01:01:51,920 Speaker 2: He's a different He's a different person. 1344 01:01:52,160 --> 01:01:52,400 Speaker 8: Speak. 1345 01:01:52,560 --> 01:01:56,360 Speaker 2: Speaking of celebrations, I sad you cannot beat the reaction 1346 01:01:56,560 --> 01:01:58,840 Speaker 2: that you saw with the Ranfay Shield. I mean when 1347 01:01:58,840 --> 01:02:02,120 Speaker 2: they one night, that's just like everything, isn't it. 1348 01:02:02,840 --> 01:02:06,680 Speaker 22: Yeah, no matter what people say about it, and how 1349 01:02:06,680 --> 01:02:08,880 Speaker 22: many people turn up to watch these shield games, I 1350 01:02:08,880 --> 01:02:12,560 Speaker 22: think it was a good crowd in Napier two unbeaten teams. 1351 01:02:12,960 --> 01:02:15,360 Speaker 22: Tasman never won it before. I think they started in 1352 01:02:15,680 --> 01:02:19,480 Speaker 22: six when Nelson and Mulbrey combined. But yeah, just to 1353 01:02:19,520 --> 01:02:21,280 Speaker 22: see the delight on the players faces, it was a 1354 01:02:21,320 --> 01:02:24,560 Speaker 22: fantastic kick to win the game. So there's still a 1355 01:02:24,680 --> 01:02:28,800 Speaker 22: romanticism about the Ranfordy Shield. It means a heck of 1356 01:02:28,840 --> 01:02:31,439 Speaker 22: a lot to provincial teams and players, and we saw 1357 01:02:31,480 --> 01:02:33,320 Speaker 22: that on Saturday night, and then when they brought it 1358 01:02:33,360 --> 01:02:36,320 Speaker 22: back to Nelson yesterday, there was a lot of fan 1359 01:02:36,400 --> 01:02:38,880 Speaker 22: fear and a lot of locals out to support them. 1360 01:02:38,880 --> 01:02:41,040 Speaker 22: So I thought it was fantastic, fantastic, it's funny. 1361 01:02:41,240 --> 01:02:43,840 Speaker 21: It's funny. I couldn't give a toss about provincial rugby 1362 01:02:43,840 --> 01:02:45,400 Speaker 21: in these days. I really struggle with it. I find 1363 01:02:45,440 --> 01:02:48,760 Speaker 21: it quite boring. I struggle with the product. But I 1364 01:02:48,800 --> 01:02:51,960 Speaker 21: saw that pop up on my social media. I think 1365 01:02:52,000 --> 01:02:54,080 Speaker 21: it was didn't see the game live, and it kind 1366 01:02:54,120 --> 01:02:57,160 Speaker 21: of did stir these emotions, like just seeing a team 1367 01:02:57,240 --> 01:02:59,520 Speaker 21: get so wild about a trophy that's been around for 1368 01:02:59,600 --> 01:03:02,920 Speaker 21: so long. There is still something in some mystique about 1369 01:03:02,920 --> 01:03:06,120 Speaker 21: the ram threw lea shield that just draws you in, doesn't. 1370 01:03:06,400 --> 01:03:08,720 Speaker 22: There wasn't, and there was an intensity in that game, 1371 01:03:09,600 --> 01:03:11,760 Speaker 22: just different to a usual provincial game. 1372 01:03:11,800 --> 01:03:14,600 Speaker 2: And that's what the shield does exactly right, which which 1373 01:03:14,640 --> 01:03:18,080 Speaker 2: pales into insignificance despite its excitement to what I saw 1374 01:03:18,600 --> 01:03:22,720 Speaker 2: my highlight of the weekend that I discovered purely by accident, 1375 01:03:22,960 --> 01:03:26,920 Speaker 2: and okay, you hit the buzzer if you know the answer. 1376 01:03:27,480 --> 01:03:30,800 Speaker 2: It is a game played in front of a full crowd. 1377 01:03:31,760 --> 01:03:34,920 Speaker 2: It's the culmination of almost the culmination of the season. 1378 01:03:34,920 --> 01:03:39,000 Speaker 2: It was a preliminary final. It's the biggest sport in 1379 01:03:39,040 --> 01:03:43,120 Speaker 2: that particular country, and it was probably the greatest game 1380 01:03:43,240 --> 01:03:45,919 Speaker 2: of that particular sport you will ever see. What did 1381 01:03:45,960 --> 01:03:51,080 Speaker 2: I watch was Ossie ruled well done, very well done. 1382 01:03:51,200 --> 01:03:55,439 Speaker 2: It was Swan's v. Giants, and the Giants led the 1383 01:03:55,680 --> 01:03:58,280 Speaker 2: entire game, and not by a bit, by a lot, 1384 01:03:58,640 --> 01:04:01,000 Speaker 2: and so it was over till it wasn't. And then 1385 01:04:01,040 --> 01:04:03,280 Speaker 2: the Swan started coming back and it was like it 1386 01:04:03,320 --> 01:04:05,520 Speaker 2: was like a fifteen to twenty minute comeback and it's good. 1387 01:04:05,560 --> 01:04:07,440 Speaker 2: They kept coming back and kept coming back and kept 1388 01:04:07,480 --> 01:04:09,600 Speaker 2: coming back until they scored the goal that equaled the 1389 01:04:09,640 --> 01:04:11,400 Speaker 2: game with only about a minute left. And then they 1390 01:04:11,480 --> 01:04:13,800 Speaker 2: scored the goal that won the game, and it's like, 1391 01:04:13,920 --> 01:04:16,880 Speaker 2: it's it's one for the ages. It's going to come back. 1392 01:04:16,760 --> 01:04:19,200 Speaker 22: As you will see. Yeah, and we'll see that in 1393 01:04:19,240 --> 01:04:21,000 Speaker 22: the NRL in the coming weeks too. What about that 1394 01:04:21,040 --> 01:04:23,280 Speaker 22: opening game of the NFL, the Toe nail in it? 1395 01:04:23,280 --> 01:04:24,400 Speaker 2: It was brilliant, great. 1396 01:04:24,240 --> 01:04:26,400 Speaker 22: Game, the Kansas City game, Yep, that was that was. 1397 01:04:26,520 --> 01:04:29,720 Speaker 2: That was a TV until you saw us toe where 1398 01:04:29,720 --> 01:04:31,640 Speaker 2: it wasn't. It was the difference between it was a 1399 01:04:31,680 --> 01:04:34,120 Speaker 2: game one versus we just lost. 1400 01:04:34,400 --> 01:04:37,480 Speaker 22: If ever you wanted a game to open your regular 1401 01:04:37,560 --> 01:04:40,280 Speaker 22: season and attract even more attention, that. 1402 01:04:40,320 --> 01:04:40,720 Speaker 14: Was the game. 1403 01:04:40,800 --> 01:04:43,160 Speaker 2: Couldn't agree more. And in fact that the game on Saturday 1404 01:04:43,160 --> 01:04:46,680 Speaker 2: our time, the Eagles Packers, that was equally good too. Yep, 1405 01:04:46,760 --> 01:04:50,560 Speaker 2: so they're underway for another season. And let me tell you. 1406 01:04:51,200 --> 01:04:52,680 Speaker 2: Do you know what else I watched over the weekend 1407 01:04:52,680 --> 01:04:54,800 Speaker 2: which you cannot see on New Zealand television, which is 1408 01:04:54,800 --> 01:04:58,000 Speaker 2: a crime. Was the snooker in Saudi Arabia. Now, why, 1409 01:04:58,600 --> 01:05:00,600 Speaker 2: when there's so many channels to watch bought, you wouldn't 1410 01:05:00,640 --> 01:05:04,400 Speaker 2: have a tournament that big that you can't watch. 1411 01:05:04,920 --> 01:05:06,480 Speaker 22: Was a world series. 1412 01:05:07,200 --> 01:05:09,560 Speaker 2: It was the Saudi Arabian master's biggest prize money ever. 1413 01:05:09,600 --> 01:05:11,400 Speaker 2: The Saudis have bought the sport basically, and you go 1414 01:05:11,480 --> 01:05:13,160 Speaker 2: there and win a million bucks and stuff like that. 1415 01:05:13,200 --> 01:05:14,680 Speaker 2: But all the players were there. Every player in the 1416 01:05:14,680 --> 01:05:16,800 Speaker 2: world was there, Every single player, the best players in 1417 01:05:16,840 --> 01:05:19,440 Speaker 2: the world was there, were there, and you just cannot 1418 01:05:19,440 --> 01:05:21,040 Speaker 2: see it on New Zealand television at all. 1419 01:05:21,520 --> 01:05:24,440 Speaker 22: Isn't a sport that Saudis haven't purchased exactly? 1420 01:05:24,800 --> 01:05:26,840 Speaker 2: That's I see. I was thinking. I was thinking about that, 1421 01:05:27,480 --> 01:05:30,400 Speaker 2: and I was thinking, does it do you? Does anyone? Honestly? 1422 01:05:30,440 --> 01:05:32,840 Speaker 2: I mean, it's the it's the it's the politically correct 1423 01:05:32,880 --> 01:05:35,480 Speaker 2: thing to go or it's not very acceptable. But honestly, 1424 01:05:35,520 --> 01:05:39,960 Speaker 2: does anyone care if they've got the money and they aren't, not. 1425 01:05:39,360 --> 01:05:42,560 Speaker 21: Not these days. And it's not as if China's above 1426 01:05:42,600 --> 01:05:45,080 Speaker 21: borders it and they and they get a few sports 1427 01:05:45,080 --> 01:05:47,840 Speaker 21: events as well. I think it's only a matter of time. 1428 01:05:48,200 --> 01:05:49,720 Speaker 21: And I don't know how long this will be, maybe 1429 01:05:49,760 --> 01:05:52,520 Speaker 21: another thirty years or so until Saudi Arabia is hosting 1430 01:05:52,560 --> 01:05:56,240 Speaker 21: every Olympics they can afford it. They'll have, you know, 1431 01:05:56,320 --> 01:05:58,080 Speaker 21: all these amazing venues. 1432 01:05:57,760 --> 01:06:00,200 Speaker 2: All that Middle East. It won't be Saudi Arabia will 1433 01:06:00,200 --> 01:06:01,960 Speaker 2: be the Middle East in general. But I mean, right now, 1434 01:06:02,480 --> 01:06:04,160 Speaker 2: I think I think the start of it was the 1435 01:06:04,200 --> 01:06:06,920 Speaker 2: World Cup, wasn't it? And yep, once you pay for 1436 01:06:07,000 --> 01:06:08,720 Speaker 2: that and you can play it in the heat, that's 1437 01:06:09,200 --> 01:06:11,360 Speaker 2: in human and no one seems to care. And you're 1438 01:06:11,400 --> 01:06:14,520 Speaker 2: just build an indoor stadium or seven. You sort it, 1439 01:06:14,520 --> 01:06:16,880 Speaker 2: don't you? As simple as that? Should we talk about 1440 01:06:16,880 --> 01:06:18,360 Speaker 2: the all blacks? I think that I feel like we 1441 01:06:18,440 --> 01:06:21,200 Speaker 2: have to. Andrew Sevil, Guy have Bilt More. Shortly thirteen past. 1442 01:06:21,000 --> 01:06:25,960 Speaker 1: Eight the Mic Hosking Breakfast Full Show podcast on iHeartRadio, 1443 01:06:26,200 --> 01:06:27,640 Speaker 1: carle it By News Talks. 1444 01:06:27,360 --> 01:06:29,360 Speaker 2: It Balks B sixteen past eight. 1445 01:06:30,160 --> 01:06:33,720 Speaker 1: The Monday Morning commentary barks on the Mic Hosking breakfast 1446 01:06:33,840 --> 01:06:38,360 Speaker 1: with Spears Finance supporting Kiwi businesses with asset and equipment finance. 1447 01:06:38,560 --> 01:06:42,320 Speaker 2: Right, save your take on the All Blacks. 1448 01:06:42,640 --> 01:06:45,080 Speaker 22: I thought it was an outstanding game, again like joe Burg, 1449 01:06:45,480 --> 01:06:49,320 Speaker 22: but very very similar. There are some glimmers of hope 1450 01:06:49,360 --> 01:06:54,000 Speaker 22: in this All Black team, but there's also some ongoing concern, 1451 01:06:54,160 --> 01:06:56,800 Speaker 22: clearly that they're not scoring in the last quarter of games. 1452 01:06:56,880 --> 01:06:59,880 Speaker 22: There's there's a there's a mental breakdown, there's a there's 1453 01:06:59,880 --> 01:07:02,320 Speaker 22: a I think there's a breakdown between some of the players. 1454 01:07:03,320 --> 01:07:05,920 Speaker 22: The use of the bench is curious. I thought they 1455 01:07:05,960 --> 01:07:08,520 Speaker 22: brought some players on too early in Johannesburg and then 1456 01:07:08,640 --> 01:07:10,240 Speaker 22: and Cape, and I thought they brought a couple on 1457 01:07:10,840 --> 01:07:12,960 Speaker 22: too late. So that's a real balancing act which I 1458 01:07:12,960 --> 01:07:17,600 Speaker 22: think the new coaches aren't getting right. There seems to 1459 01:07:17,640 --> 01:07:21,720 Speaker 22: be patches of the game where they're indecisive. The high ball, 1460 01:07:21,800 --> 01:07:25,080 Speaker 22: they weren't very good under. They didn't claim reclaim high kicks. 1461 01:07:25,160 --> 01:07:27,440 Speaker 22: There's there's a few fair few issues in there. 1462 01:07:27,480 --> 01:07:27,640 Speaker 14: Mike. 1463 01:07:27,720 --> 01:07:29,840 Speaker 22: Will they sort it out against the Wallabies, I'd say so. 1464 01:07:29,920 --> 01:07:32,360 Speaker 22: If they can't beat the Wallabies twice, then there has 1465 01:07:32,400 --> 01:07:36,080 Speaker 22: to be even more serious questions asked, but there are some. 1466 01:07:36,680 --> 01:07:39,480 Speaker 22: It's it's concerning because the same thing seems to be 1467 01:07:39,520 --> 01:07:40,880 Speaker 22: happening over and over again. 1468 01:07:42,120 --> 01:07:46,160 Speaker 21: I agree with that last point. I mean, look for me, 1469 01:07:47,320 --> 01:07:49,240 Speaker 21: I go back to it again. Discipline, and yes, they 1470 01:07:49,240 --> 01:07:52,840 Speaker 21: didn't concede as many penalties in terms of the discrepancy 1471 01:07:52,840 --> 01:07:55,200 Speaker 21: between the two sites, so their discipline against South Africa 1472 01:07:55,240 --> 01:07:59,240 Speaker 21: in that regardless, probably they've given away fo penalties exactly 1473 01:07:59,360 --> 01:08:02,280 Speaker 21: and to yellow cards. You cannot hope to beat South 1474 01:08:02,280 --> 01:08:05,320 Speaker 21: Africa in South Africa with fourteen men on the park 1475 01:08:05,440 --> 01:08:07,520 Speaker 21: for twenty minutes of the game. It's just not going 1476 01:08:07,560 --> 01:08:09,800 Speaker 21: to happen. And they were dumb yellow cards as well. 1477 01:08:10,000 --> 01:08:12,640 Speaker 21: Just so silly what I would say though, and I 1478 01:08:12,800 --> 01:08:15,000 Speaker 21: tend to agree with sav there are some big questions 1479 01:08:15,040 --> 01:08:17,800 Speaker 21: around not being able to finish games, but they've got 1480 01:08:17,840 --> 01:08:20,559 Speaker 21: bloody close to beating what is clearly the best team 1481 01:08:20,600 --> 01:08:22,400 Speaker 21: in the world two games in a row now in 1482 01:08:22,439 --> 01:08:24,920 Speaker 21: South Africa. They haven't won them. I get that, but 1483 01:08:25,200 --> 01:08:26,920 Speaker 21: it's not as if I mean, you don't have to 1484 01:08:26,960 --> 01:08:29,880 Speaker 21: go and change everything that you're doing. They're not that bad. 1485 01:08:30,280 --> 01:08:33,200 Speaker 21: They're still a pretty good team, and I think once 1486 01:08:33,240 --> 01:08:35,280 Speaker 21: they can figure out a few issues here and there, 1487 01:08:35,920 --> 01:08:36,679 Speaker 21: I think they'll. 1488 01:08:36,479 --> 01:08:38,599 Speaker 2: Be a very frequent thing. 1489 01:08:38,640 --> 01:08:41,400 Speaker 22: The new coaches, Mike is still betting in. I think 1490 01:08:41,439 --> 01:08:43,960 Speaker 22: the new management is still betting in. Things appear to 1491 01:08:44,000 --> 01:08:46,559 Speaker 22: be a little more calm, but that just takes time. 1492 01:08:46,600 --> 01:08:49,320 Speaker 22: I think it's been still a massive wake up call 1493 01:08:49,360 --> 01:08:53,640 Speaker 22: going from Super rugby into test match football for a 1494 01:08:53,640 --> 01:08:55,280 Speaker 22: lot of these coaches and management. 1495 01:08:55,720 --> 01:08:56,000 Speaker 21: Look. 1496 01:08:57,479 --> 01:09:00,120 Speaker 22: I looked at that game and I came away in 1497 01:09:00,160 --> 01:09:02,320 Speaker 22: that game thinking if the All Blacks would lose three 1498 01:09:02,400 --> 01:09:05,120 Speaker 22: or four of those key players, I think this team's stuffed. 1499 01:09:05,160 --> 01:09:08,840 Speaker 22: I don't know if the players are coming through in 1500 01:09:08,920 --> 01:09:12,760 Speaker 22: great numbers. I have a concern for that long term 1501 01:09:12,760 --> 01:09:14,559 Speaker 22: future of the All Black team. Let's face it, if 1502 01:09:14,600 --> 01:09:19,439 Speaker 22: the All Blacks keep on losing, it loses the luster 1503 01:09:20,439 --> 01:09:21,479 Speaker 22: of that jersey. 1504 01:09:22,240 --> 01:09:24,000 Speaker 2: Hold on before you get two despondent. I mean they've 1505 01:09:24,000 --> 01:09:25,519 Speaker 2: lost to South Africa, who are the best side in 1506 01:09:25,560 --> 01:09:28,320 Speaker 2: the world. I mean, they beat England, they beat fig 1507 01:09:29,000 --> 01:09:29,880 Speaker 2: they tripped up again. 1508 01:09:29,880 --> 01:09:33,320 Speaker 22: Started I'm looking at I'm looking at that team on 1509 01:09:33,360 --> 01:09:35,280 Speaker 22: the field that I'm looking long term and taking a 1510 01:09:35,280 --> 01:09:37,280 Speaker 22: few of those names out, thinking what does what future 1511 01:09:37,320 --> 01:09:41,280 Speaker 22: look like. And yes, the South Africans they're an extraordinary team. 1512 01:09:41,280 --> 01:09:44,360 Speaker 22: They're on a massive high. They've got huge depth, very 1513 01:09:44,400 --> 01:09:48,120 Speaker 22: well coached and every word that comes out of Seaclisi's 1514 01:09:48,200 --> 01:09:51,400 Speaker 22: mouth is inspirational, isn't it. You go over the top 1515 01:09:51,439 --> 01:09:54,320 Speaker 22: for that captain. And then someone in Rugby said recently 1516 01:09:54,320 --> 01:09:56,840 Speaker 22: to me that it looks as though clearly the South 1517 01:09:56,840 --> 01:09:59,960 Speaker 22: Africans are playing for fifty five million and a huge 1518 01:10:00,240 --> 01:10:03,519 Speaker 22: passionate about that. The All Blacks appear to be playing 1519 01:10:03,680 --> 01:10:04,080 Speaker 22: to win. 1520 01:10:04,600 --> 01:10:07,679 Speaker 21: I think your depth point that you were just talking about, 1521 01:10:07,680 --> 01:10:09,439 Speaker 21: I think we're seeing at the moment in terms of 1522 01:10:09,640 --> 01:10:12,080 Speaker 21: they've got fifteen players there that they can put on 1523 01:10:12,120 --> 01:10:13,920 Speaker 21: the park at any time, but then they have to 1524 01:10:13,960 --> 01:10:16,000 Speaker 21: put some of them on the bench, and whoever they 1525 01:10:16,000 --> 01:10:19,400 Speaker 21: put on the bench in whatever capacity, whatever combination, they 1526 01:10:19,400 --> 01:10:22,599 Speaker 21: don't seemingly have enough players. This is what I'm trying 1527 01:10:22,600 --> 01:10:24,439 Speaker 21: to say. They don't simminly have enough players to sustain 1528 01:10:24,479 --> 01:10:26,920 Speaker 21: at twenty three right now, to be right at the 1529 01:10:26,920 --> 01:10:28,840 Speaker 21: top level. I think that's the concern. And then the 1530 01:10:28,840 --> 01:10:29,559 Speaker 21: other when as. 1531 01:10:29,439 --> 01:10:31,720 Speaker 22: You look at the South Africans, they've probably got three 1532 01:10:31,920 --> 01:10:35,280 Speaker 22: they've got two or three starting fifteen, which which you 1533 01:10:35,320 --> 01:10:38,040 Speaker 22: look back to twenty eleven, twenty fifteen, maybe twenty nineteen 1534 01:10:38,040 --> 01:10:39,640 Speaker 22: with the All Blacks. That's what the All Blacks ad 1535 01:10:39,680 --> 01:10:40,040 Speaker 22: as well. 1536 01:10:40,160 --> 01:10:41,880 Speaker 21: And then that's the other concern for me. They're going 1537 01:10:41,960 --> 01:10:44,559 Speaker 21: to have to keep trying to find the perfect combination, 1538 01:10:44,680 --> 01:10:47,200 Speaker 21: so that's going to mean more changes every week. And 1539 01:10:47,240 --> 01:10:50,599 Speaker 21: you can't get much consistency for these players if they're 1540 01:10:50,640 --> 01:10:53,040 Speaker 21: not playing with the same combinations every week. So that's 1541 01:10:53,040 --> 01:10:56,080 Speaker 21: where the concern for me comes. How on earth they 1542 01:10:56,120 --> 01:10:58,840 Speaker 21: balance finding the right combination but not making too many 1543 01:10:58,880 --> 01:10:59,720 Speaker 21: changes week to week. 1544 01:11:01,920 --> 01:11:06,000 Speaker 2: Dallas open this afternoon. I'll be watching that. Dak Prescott's 1545 01:11:06,000 --> 01:11:07,599 Speaker 2: been paid sixty million bucks a year. 1546 01:11:08,560 --> 01:11:08,880 Speaker 18: What's he? 1547 01:11:09,120 --> 01:11:09,439 Speaker 6: What's he? 1548 01:11:10,960 --> 01:11:12,679 Speaker 22: It's an extraordinary salary for guy. 1549 01:11:12,720 --> 01:11:13,360 Speaker 18: What had he done? 1550 01:11:13,800 --> 01:11:15,559 Speaker 2: It's very good question, and that's one of the great 1551 01:11:15,600 --> 01:11:18,840 Speaker 2: debates in the Generally, a quarterback's worth fifty million ish 1552 01:11:18,960 --> 01:11:22,920 Speaker 2: a year and he's worth sixty and they haven't won anything. 1553 01:11:22,960 --> 01:11:25,720 Speaker 2: And I don't know, I don't know how you explain it. 1554 01:11:25,840 --> 01:11:27,640 Speaker 2: I don't know how to explained Jerry Jones either. But 1555 01:11:27,760 --> 01:11:29,200 Speaker 2: therefore he's the man with the money, so he does 1556 01:11:29,240 --> 01:11:30,200 Speaker 2: what he wants. 1557 01:11:29,800 --> 01:11:32,240 Speaker 22: Every Monday for you now through until December January. 1558 01:11:32,240 --> 01:11:35,120 Speaker 2: Well, to be fair, it's Friday, Monday and Tuesday. 1559 01:11:35,200 --> 01:11:38,840 Speaker 22: But for cards blends into the NFL blend. 1560 01:11:39,640 --> 01:11:41,559 Speaker 2: It's just it's just it's just I'm living the dream. 1561 01:11:41,600 --> 01:11:41,760 Speaker 21: Nice. 1562 01:11:41,880 --> 01:11:44,200 Speaker 6: You're off to Oasis, Well we go. 1563 01:11:45,240 --> 01:11:49,080 Speaker 2: Why do you need to bring up domestic matters? Why 1564 01:11:49,120 --> 01:11:51,639 Speaker 2: do you need to just get that little knife out 1565 01:11:51,640 --> 01:11:56,280 Speaker 2: and prick me in on Monday morning? Having Look, I 1566 01:11:56,320 --> 01:11:59,200 Speaker 2: don't know, I'm not going to Oasis. The question is 1567 01:11:59,240 --> 01:12:03,920 Speaker 2: whether we go to Britain as some sort of helicopter arrangement. 1568 01:12:04,240 --> 01:12:07,679 Speaker 21: But all you're doing is I want to sell a ticket. 1569 01:12:08,240 --> 01:12:11,080 Speaker 21: You got to go and where's where's the concert? 1570 01:12:11,280 --> 01:12:11,840 Speaker 2: Manchester? 1571 01:12:12,400 --> 01:12:14,840 Speaker 22: That's the end I'd be sending. I'd be sending both 1572 01:12:14,880 --> 01:12:17,839 Speaker 22: parents and Manchester. You've ever been to Manchester? 1573 01:12:17,960 --> 01:12:18,840 Speaker 21: Yeah? 1574 01:12:18,880 --> 01:12:19,320 Speaker 22: My god. 1575 01:12:19,439 --> 01:12:21,920 Speaker 2: I stayed at a hotel outside across the road from 1576 01:12:21,960 --> 01:12:24,920 Speaker 2: the stadium, Manchester United Stadium, and at the back of 1577 01:12:24,960 --> 01:12:29,080 Speaker 2: the hotel was a canal and I lost count the 1578 01:12:29,120 --> 01:12:34,920 Speaker 2: number of condoms bodies just like back in of Manchester. Really, 1579 01:12:35,040 --> 01:12:36,559 Speaker 2: you know, I want to go. They're nice to see you, guys. 1580 01:12:36,600 --> 01:12:39,080 Speaker 2: Andrew Sevil guy had Belt two. 1581 01:12:40,479 --> 01:12:44,200 Speaker 1: Call the my costume breakfast with Alveda retirement giving the 1582 01:12:44,640 --> 01:12:45,599 Speaker 1: news togs Head. 1583 01:12:45,439 --> 01:12:47,960 Speaker 2: Be my is very good point. Do you know what 1584 01:12:48,040 --> 01:12:50,639 Speaker 2: I watched that you can't watch here in New Zealand? 1585 01:12:50,640 --> 01:12:53,639 Speaker 2: To watch the Bully horse trials? Tim Price actually came second. 1586 01:12:54,360 --> 01:12:55,519 Speaker 2: It's a very good point. There was a little bit 1587 01:12:55,520 --> 01:12:57,240 Speaker 2: of cabbage on that in sports news, but it's it's 1588 01:12:57,240 --> 01:12:59,280 Speaker 2: a weird old thing, the future streaming. I get all 1589 01:12:59,280 --> 01:13:01,760 Speaker 2: of that. Somebody goes, look, Snooer's available live on match 1590 01:13:01,800 --> 01:13:03,840 Speaker 2: room for ten dollars a month. But of course, is 1591 01:13:04,240 --> 01:13:06,240 Speaker 2: this really the future? So you're paying ten dollars a 1592 01:13:06,280 --> 01:13:09,080 Speaker 2: month for the snooker, X number of dollars for the NFL? 1593 01:13:09,720 --> 01:13:11,800 Speaker 2: Why number of dollars for the Burley horse Trials and 1594 01:13:11,800 --> 01:13:13,880 Speaker 2: all this stuff? You know what I'm saying, has thought 1595 01:13:13,920 --> 01:13:18,280 Speaker 2: becomes so segregated that we no longer collectively watch really 1596 01:13:18,320 --> 01:13:21,040 Speaker 2: anything together because we're all wandering down the road doing it. 1597 01:13:21,080 --> 01:13:22,920 Speaker 2: I mean the Sydney Swans, I mean, how niche is 1598 01:13:22,960 --> 01:13:24,559 Speaker 2: that for me to watch that? For goodness sake? Somebody 1599 01:13:24,560 --> 01:13:27,519 Speaker 2: takes Sydney's one games was superb footy. Australian rules is 1600 01:13:27,560 --> 01:13:30,200 Speaker 2: the best football, et cetera. But I mean, how many things? 1601 01:13:30,360 --> 01:13:30,880 Speaker 1: Why would you. 1602 01:13:30,880 --> 01:13:33,080 Speaker 2: There's a whole virtually on Saturday, there's a whole channel 1603 01:13:33,080 --> 01:13:35,920 Speaker 2: dedicated to Australian rules football on Sky. Now Sky can 1604 01:13:35,920 --> 01:13:38,040 Speaker 2: do whatever they want. I don't care, but how many 1605 01:13:38,080 --> 01:13:40,720 Speaker 2: people are actually watching Australian rules football on any given day? 1606 01:13:40,720 --> 01:13:44,360 Speaker 2: And is that more popular than the Burly horse trials? 1607 01:13:44,360 --> 01:13:47,920 Speaker 2: For goodness sake, where New Zealand traditionally historically does particularly well. 1608 01:13:48,960 --> 01:13:51,759 Speaker 2: Kieren Gilbert is doing the business for us from across 1609 01:13:51,800 --> 01:13:54,200 Speaker 2: the Tasman. I gave you that polling out earlier on 1610 01:13:54,200 --> 01:13:57,040 Speaker 2: this morning that shows increasingly that the Labor government of 1611 01:13:57,040 --> 01:13:59,719 Speaker 2: elban easy looks very much like a one term government. 1612 01:14:00,160 --> 01:14:01,960 Speaker 2: Unusual for a government to only go one too, but 1613 01:14:01,960 --> 01:14:04,760 Speaker 2: it looks increestingly like he's got major, major problems. That's 1614 01:14:04,760 --> 01:14:08,760 Speaker 2: before we get to yet more developments in the CFM 1615 01:14:08,800 --> 01:14:12,000 Speaker 2: EU debate. This is the scandal around the unions, and 1616 01:14:12,080 --> 01:14:14,519 Speaker 2: the unions are starting to play this game whereby because 1617 01:14:14,560 --> 01:14:17,880 Speaker 2: they hate Labor. Now that Labour's sort of done something 1618 01:14:17,880 --> 01:14:20,120 Speaker 2: about them and put them into administration, they're going to 1619 01:14:20,200 --> 01:14:23,080 Speaker 2: raise money for the Greens and so the Greens of 1620 01:14:23,080 --> 01:14:25,280 Speaker 2: course potentially hold the balance of power on the coming 1621 01:14:25,320 --> 01:14:29,360 Speaker 2: election and could up end everything. So she's she's interesting 1622 01:14:29,479 --> 01:14:32,120 Speaker 2: times here and Gilbert after the news for you. 1623 01:14:33,200 --> 01:14:37,720 Speaker 1: The newspakers and the personalities, the big names. Talk to Mike, 1624 01:14:38,240 --> 01:14:43,439 Speaker 1: my costing, Breakfast with Alveda, Retirement Communities, Life, Your Way, News, 1625 01:14:43,479 --> 01:14:44,160 Speaker 1: Togs head. 1626 01:14:43,960 --> 01:14:45,880 Speaker 2: B Kendrick Lamar. By the way, it has been named 1627 01:14:45,880 --> 01:14:48,000 Speaker 2: as the headline act for the Super Bowl super Bowls 1628 01:14:48,000 --> 01:14:49,800 Speaker 2: not until next year, so don't get too excited. But 1629 01:14:50,000 --> 01:14:52,960 Speaker 2: when they do get around to it. Kendrick Lamar's your man, 1630 01:14:53,120 --> 01:14:57,439 Speaker 2: It's in New Orleans the super Bowl. Yeah, I'm almost 1631 01:14:57,439 --> 01:15:01,519 Speaker 2: certain it's in New Orleans. Incight into hawks Bay from 1632 01:15:01,560 --> 01:15:04,800 Speaker 2: an email over twelve staff Mike have left. This was 1633 01:15:04,840 --> 01:15:07,240 Speaker 2: why they haven't been able to find a CEO for 1634 01:15:07,280 --> 01:15:10,679 Speaker 2: the last nine months. Twelve senior staff have left hawks 1635 01:15:10,720 --> 01:15:14,240 Speaker 2: By Airport since twenty twenty one. Locals Knights are poisoned, Chalice. 1636 01:15:14,280 --> 01:15:16,240 Speaker 2: The board wants the airport to be an international airport 1637 01:15:16,280 --> 01:15:18,719 Speaker 2: like Auckland. Their expectations are not aligned with the little 1638 01:15:18,760 --> 01:15:22,440 Speaker 2: regional airport that Hawks Bay is. They've had four CEOs 1639 01:15:22,479 --> 01:15:26,200 Speaker 2: since since twenty twenty one, four of them Finances The 1640 01:15:26,200 --> 01:15:29,719 Speaker 2: claim hearers are mismanaged the new airport builders mismanaged. They've 1641 01:15:29,720 --> 01:15:32,000 Speaker 2: created an extra road in front of the new airport building. 1642 01:15:32,240 --> 01:15:34,799 Speaker 2: They put the wrong entrance doors to the new building. 1643 01:15:35,560 --> 01:15:37,960 Speaker 2: They're being pulled out and redone millions being lost for 1644 01:15:38,040 --> 01:15:40,840 Speaker 2: the wrong design. It's interesting that might go some way 1645 01:15:40,880 --> 01:15:43,200 Speaker 2: to explaining what's gone wrong. They're twenty two minutes away 1646 01:15:43,240 --> 01:15:44,160 Speaker 2: from nine. 1647 01:15:44,240 --> 01:15:48,120 Speaker 9: International correspondence with ends and Eye Insurance peace of mind 1648 01:15:48,200 --> 01:15:49,120 Speaker 9: for New Zealand business. 1649 01:15:49,200 --> 01:15:51,000 Speaker 2: So Australian we go to Few News anchor ex Guy 1650 01:15:51,080 --> 01:15:52,519 Speaker 2: News is Kieran Gilbert, who is with us in the 1651 01:15:52,520 --> 01:15:55,120 Speaker 2: next couple of weeks. Kuren, Morning to you, Mike. 1652 01:15:55,520 --> 01:15:55,800 Speaker 14: Mate. 1653 01:15:55,880 --> 01:15:57,840 Speaker 2: Now we got the government coming back this week. This 1654 01:15:58,360 --> 01:16:01,840 Speaker 2: debate that's been going on between the government you're spending 1655 01:16:01,840 --> 01:16:04,439 Speaker 2: too much money and therefore it's inflationary against the Reserve Bank. 1656 01:16:04,439 --> 01:16:06,559 Speaker 2: Who's winning that one in the minds of Australians? Do 1657 01:16:06,560 --> 01:16:06,960 Speaker 2: you reckon? 1658 01:16:08,439 --> 01:16:13,280 Speaker 14: Definitely? The RBA is winning in a sense because the 1659 01:16:13,320 --> 01:16:17,840 Speaker 14: polls out today show that the voters of blaming the 1660 01:16:17,920 --> 01:16:21,040 Speaker 14: government Mike for the cost of living pressures, for the 1661 01:16:21,080 --> 01:16:24,400 Speaker 14: inflation environment. The government's trying to shift a bit of 1662 01:16:24,439 --> 01:16:29,120 Speaker 14: blame onto the RBA for where interest rates are They've 1663 01:16:29,200 --> 01:16:31,200 Speaker 14: got a bit of flack over it, Mike, because the 1664 01:16:31,320 --> 01:16:36,360 Speaker 14: RBA is meant to be this independent above politics institution, 1665 01:16:37,160 --> 01:16:39,880 Speaker 14: but the Treasurer has had a red hot crack at 1666 01:16:39,920 --> 01:16:44,559 Speaker 14: the RBA, saying that the rates are smashing the economy 1667 01:16:44,560 --> 01:16:45,639 Speaker 14: and households right now. 1668 01:16:46,160 --> 01:16:48,880 Speaker 2: How's the economy tracked in your view, because I've been 1669 01:16:48,880 --> 01:16:51,920 Speaker 2: following it closely. We've already gone, We've had one cut, 1670 01:16:51,960 --> 01:16:54,120 Speaker 2: that's more to come. And for a while there, you 1671 01:16:54,160 --> 01:16:56,280 Speaker 2: guys look to be better off economically than us. You 1672 01:16:56,400 --> 01:16:59,519 Speaker 2: look to be landing softly and things were going well, 1673 01:17:00,000 --> 01:17:01,799 Speaker 2: and sort of it's all got a little bit crunchy 1674 01:17:01,800 --> 01:17:02,120 Speaker 2: of late. 1675 01:17:03,120 --> 01:17:05,960 Speaker 14: It is a bit. Yeah, it's really it's a two 1676 01:17:06,080 --> 01:17:11,240 Speaker 14: track economy. You've got people absolutely hurting right now who 1677 01:17:11,320 --> 01:17:15,439 Speaker 14: have mortgages on variable rates, and a lot of those 1678 01:17:15,479 --> 01:17:19,120 Speaker 14: people are well and truly hurting. Then you've got those 1679 01:17:19,880 --> 01:17:24,080 Speaker 14: that have paid off homes, the boomers and others that 1680 01:17:24,200 --> 01:17:27,320 Speaker 14: are well off, paid off homes and actually doing quite 1681 01:17:27,320 --> 01:17:30,559 Speaker 14: well from a high interest rates environment. And then our 1682 01:17:30,640 --> 01:17:36,000 Speaker 14: growth rate was anemic in the most recent quarter overall, 1683 01:17:36,200 --> 01:17:39,640 Speaker 14: but unemployment stays low. So yeah, it's a bit of 1684 01:17:39,680 --> 01:17:42,040 Speaker 14: a mixed picture. I've got to say, I think politically, 1685 01:17:42,920 --> 01:17:46,920 Speaker 14: if the government can get one interest rate cut, maybe 1686 01:17:46,960 --> 01:17:50,400 Speaker 14: two before the election next year, they should be fine 1687 01:17:50,400 --> 01:17:53,960 Speaker 14: and they should win reelection. But really so much of 1688 01:17:54,000 --> 01:17:56,880 Speaker 14: it comes down to that interest rate question, and that's 1689 01:17:56,920 --> 01:18:00,200 Speaker 14: why we're seeing a fair bit of jaw boning, a 1690 01:18:00,200 --> 01:18:02,040 Speaker 14: bit of pressure on the RBA right now. 1691 01:18:02,160 --> 01:18:04,320 Speaker 2: As regards the election, what's your call? When is it? 1692 01:18:04,400 --> 01:18:04,840 Speaker 2: You reckon? 1693 01:18:06,120 --> 01:18:09,719 Speaker 14: It'll be in April or May of next year, I reckon, 1694 01:18:09,760 --> 01:18:12,640 Speaker 14: And I think there'll be a March budget in the 1695 01:18:12,720 --> 01:18:15,719 Speaker 14: lead up to it, so the government can help try 1696 01:18:15,760 --> 01:18:20,280 Speaker 14: and set a narrative a message for their second term 1697 01:18:20,360 --> 01:18:23,240 Speaker 14: via the budget, and then they'll crack on into an 1698 01:18:23,240 --> 01:18:28,360 Speaker 14: election campaign. So I'm saying sometime April or May of 1699 01:18:28,520 --> 01:18:29,400 Speaker 14: twenty twenty five. 1700 01:18:29,600 --> 01:18:33,320 Speaker 2: Okay, this Royal Commission report into the veterans today to 1701 01:18:33,320 --> 01:18:35,400 Speaker 2: be given to the government. And do we know anything 1702 01:18:35,520 --> 01:18:37,280 Speaker 2: of it in terms of what it's found and what 1703 01:18:37,320 --> 01:18:39,080 Speaker 2: it sees and more importantly, what the government are going 1704 01:18:39,120 --> 01:18:39,519 Speaker 2: to do with it? 1705 01:18:40,320 --> 01:18:43,080 Speaker 14: Yeah, we do. Actually, this has been three years in 1706 01:18:43,120 --> 01:18:48,280 Speaker 14: the making into veterans suicide. It's a shocking situation where 1707 01:18:48,479 --> 01:18:53,599 Speaker 14: the rate of suicide has been way above the rest 1708 01:18:53,640 --> 01:18:59,040 Speaker 14: of society in among veterans and serving personnel. It's been 1709 01:18:59,200 --> 01:19:03,160 Speaker 14: the Royal Commission overseen by a well respected long serving 1710 01:19:03,280 --> 01:19:08,040 Speaker 14: police officer, Nick Calvis, and it found that quite frankly, 1711 01:19:08,120 --> 01:19:11,599 Speaker 14: there needs to be a massive shift in the culture 1712 01:19:12,080 --> 01:19:15,559 Speaker 14: in the ADF. And Nick Caldas is saying he believes 1713 01:19:15,600 --> 01:19:18,679 Speaker 14: this is at once in a lifetime opportunity to boost 1714 01:19:18,680 --> 01:19:23,719 Speaker 14: the well being and health of our service men and women. 1715 01:19:24,120 --> 01:19:28,040 Speaker 2: Indeed, so there will be some sort of expectation that 1716 01:19:28,240 --> 01:19:30,519 Speaker 2: the government comes to the party in some way, shape 1717 01:19:30,600 --> 01:19:30,960 Speaker 2: or form. 1718 01:19:31,960 --> 01:19:34,679 Speaker 14: Yes, they're going to deliver this to the Governor General 1719 01:19:34,720 --> 01:19:38,759 Speaker 14: this morning. I would imagine the government will respond almost 1720 01:19:38,880 --> 01:19:42,240 Speaker 14: immediately as well, probably Ya the Prime Minister or Deputy 1721 01:19:42,280 --> 01:19:44,960 Speaker 14: Prime Minister who is also the Defense Minister, Richard Marles, 1722 01:19:45,640 --> 01:19:49,400 Speaker 14: and there's going to have to be some announcement and 1723 01:19:49,560 --> 01:19:54,080 Speaker 14: almost immediately as certainly a response maybe they say, look, 1724 01:19:54,080 --> 01:19:57,200 Speaker 14: we're looking at the recommendations. But either way, I would 1725 01:19:57,200 --> 01:20:01,920 Speaker 14: imagine a bipartisan commitment to deal with because quite frankly, 1726 01:20:02,000 --> 01:20:06,240 Speaker 14: it's somewhat of a national shame what we've seen in 1727 01:20:06,560 --> 01:20:08,960 Speaker 14: recent times for our servicemen and women. 1728 01:20:09,479 --> 01:20:11,559 Speaker 2: It's gone reading about over the week in Mark Irvin 1729 01:20:11,640 --> 01:20:17,960 Speaker 2: k C Senior barrister, is looking into the cfmups from 1730 01:20:18,040 --> 01:20:21,040 Speaker 2: this side of the tasman Kiiren. It's like I just 1731 01:20:21,160 --> 01:20:24,240 Speaker 2: cannot get my hit around how crooked these people are, 1732 01:20:24,960 --> 01:20:28,519 Speaker 2: how much damage they've done, how we've all seemingly known 1733 01:20:28,560 --> 01:20:31,479 Speaker 2: about it, including the labor government, for years, and now 1734 01:20:31,479 --> 01:20:34,160 Speaker 2: it's all you know. I mean, it's what a miss. 1735 01:20:34,920 --> 01:20:37,360 Speaker 14: It's such a mess. It's a shocker. And in the 1736 01:20:37,439 --> 01:20:40,639 Speaker 14: construction space you would remember Mike as well as many 1737 01:20:40,680 --> 01:20:43,559 Speaker 14: of your listeners, this has been a problem going back 1738 01:20:43,600 --> 01:20:48,200 Speaker 14: to the Hawk government, so they had to dis mantle 1739 01:20:48,240 --> 01:20:52,719 Speaker 14: leg Construction Union at that time. And under the nose 1740 01:20:53,160 --> 01:20:58,760 Speaker 14: of industrial watchdogs governments, this mob have been able to 1741 01:20:58,880 --> 01:21:05,840 Speaker 14: be infiltrated by bikis, other criminals, standover people. And it's 1742 01:21:05,880 --> 01:21:09,520 Speaker 14: not just if it's it's just them dealing with themselves, 1743 01:21:09,600 --> 01:21:12,800 Speaker 14: it's fine, but you know, okay, well maybe we can 1744 01:21:13,000 --> 01:21:17,760 Speaker 14: just let them damage themselves that they're actually damaging the 1745 01:21:17,800 --> 01:21:22,360 Speaker 14: broader economy because they're driving up costs in construction and 1746 01:21:22,400 --> 01:21:25,120 Speaker 14: it ends up hitting mums and dads and households anyway. 1747 01:21:25,280 --> 01:21:28,720 Speaker 14: So I think, yeah, you're right, it is extraordinary that 1748 01:21:28,760 --> 01:21:30,240 Speaker 14: it's gone on for as long as it has and 1749 01:21:30,320 --> 01:21:33,639 Speaker 14: now this administrator gets in there and he's saying it's 1750 01:21:33,640 --> 01:21:35,200 Speaker 14: worse than actually has been reported. 1751 01:21:35,840 --> 01:21:38,040 Speaker 2: All right, mate, we'll catch up here one Wednesday. Apreciated 1752 01:21:38,120 --> 01:21:39,880 Speaker 2: very much, Kier and Gilbert, who's the cheap news anchor 1753 01:21:39,920 --> 01:21:41,800 Speaker 2: at Sky newsing for the next couple of weeks on 1754 01:21:41,840 --> 01:21:44,280 Speaker 2: the program that, by the way, it is sixteen away 1755 01:21:44,280 --> 01:21:48,200 Speaker 2: from nine Sky Irving's worth reading about. So he says, 1756 01:21:48,240 --> 01:21:53,400 Speaker 2: his words, the monumental and massive, his words, task of 1757 01:21:53,439 --> 01:21:56,160 Speaker 2: tackling the infiltration of the bikes and the underworld figures 1758 01:21:56,520 --> 01:21:58,720 Speaker 2: and the broader building sector was going to be the 1759 01:21:58,960 --> 01:22:03,479 Speaker 2: hardest job of my life by a long shot. On 1760 01:22:03,560 --> 01:22:07,479 Speaker 2: the information I've seen, the union went very bad. It 1761 01:22:07,560 --> 01:22:11,720 Speaker 2: went worse than what has previously been reported. They, he 1762 01:22:11,800 --> 01:22:14,920 Speaker 2: refers to, the police, have been nowhere near close enough 1763 01:22:14,920 --> 01:22:17,200 Speaker 2: to where they've needed to be. They've been ineffective in 1764 01:22:17,240 --> 01:22:20,800 Speaker 2: this space, and they need to be better. Hard to 1765 01:22:20,920 --> 01:22:22,439 Speaker 2: argue with that, isn't it? Eight forty five. 1766 01:22:24,120 --> 01:22:28,519 Speaker 1: The Like Asking Breakfast Fall Show podcast on iHeartRadio powered 1767 01:22:28,560 --> 01:22:29,560 Speaker 1: by News Talks. 1768 01:22:29,320 --> 01:22:31,679 Speaker 2: At b where I was thirteen away from nine earlier 1769 01:22:31,680 --> 01:22:33,679 Speaker 2: reference on this program to this piece I read over 1770 01:22:33,720 --> 01:22:38,040 Speaker 2: the weekend. Economic headline economic refugees flee from New Zealand 1771 01:22:38,080 --> 01:22:40,760 Speaker 2: as cost of living crisis deepens. And that's kind of 1772 01:22:40,760 --> 01:22:42,519 Speaker 2: the last headline you want to read about your own 1773 01:22:42,560 --> 01:22:45,280 Speaker 2: country written internationally because it was on CNBC. You who 1774 01:22:45,680 --> 01:22:49,559 Speaker 2: are a major operator amid high price is steep interest rates, 1775 01:22:49,800 --> 01:22:52,800 Speaker 2: unemployment worries a record one hundred and thirty one thy 1776 01:22:52,880 --> 01:22:54,880 Speaker 2: two hundred of its citizens have moved overseas in the 1777 01:22:54,880 --> 01:22:57,759 Speaker 2: past twelve months. A lack of quality jobs for kiwis, 1778 01:22:57,800 --> 01:23:01,559 Speaker 2: especially in New Zealand as younger generations, is accelerating the exodus, 1779 01:23:01,560 --> 01:23:05,320 Speaker 2: with the trend unlikely to stop anytime soon. Once recognized 1780 01:23:05,360 --> 01:23:08,360 Speaker 2: by the world as a picturesque and progressive safe haven, 1781 01:23:08,840 --> 01:23:11,760 Speaker 2: New Zealand's frail economy has pushed many of its citizens 1782 01:23:11,760 --> 01:23:14,639 Speaker 2: to leave the country. Isn't that a depressing thing to say? 1783 01:23:14,880 --> 01:23:17,519 Speaker 2: And it's from the outside looking and they quoted NYE. 1784 01:23:17,560 --> 01:23:20,840 Speaker 2: Now this goes back to my sort of overarching vibe 1785 01:23:20,840 --> 01:23:23,000 Speaker 2: that if you're down on a place, you're down on 1786 01:23:23,040 --> 01:23:26,639 Speaker 2: a place, and your argument actually doesn't literally factually make sense. 1787 01:23:26,640 --> 01:23:29,439 Speaker 2: They quote a guy called Wilson Ong who's thirty two 1788 01:23:29,960 --> 01:23:31,759 Speaker 2: works as a manager in a buyer in New Zealand's 1789 01:23:31,760 --> 01:23:35,000 Speaker 2: fashion retail industry. In New Zealand, you feel limited in 1790 01:23:35,080 --> 01:23:37,280 Speaker 2: terms of job opportunities and what you can gain in 1791 01:23:37,320 --> 01:23:40,320 Speaker 2: work experience. Fair enough, it's his opinion. He's entitled to it. 1792 01:23:40,960 --> 01:23:43,080 Speaker 2: They talk about the number of people who are young 1793 01:23:43,120 --> 01:23:45,880 Speaker 2: who have left. They talk about the New Zealand government 1794 01:23:45,920 --> 01:23:48,880 Speaker 2: response to the pandemic, the lockdowns, the mandatary fourteen day 1795 01:23:48,880 --> 01:23:51,880 Speaker 2: managed isolation facility and all the damage that's caused to 1796 01:23:51,960 --> 01:23:54,200 Speaker 2: the country. But they then go on quoting this guy 1797 01:23:54,200 --> 01:23:56,960 Speaker 2: on who says, I think a feature of a bad 1798 01:23:57,000 --> 01:23:59,960 Speaker 2: economy is a lack of opportunity to raise your way 1799 01:24:00,160 --> 01:24:02,799 Speaker 2: just relative to the cost of living. Now, that simply 1800 01:24:02,840 --> 01:24:05,400 Speaker 2: isn't true, because one of the things that has got 1801 01:24:05,479 --> 01:24:08,800 Speaker 2: us in the maya that we're in currently is that 1802 01:24:08,840 --> 01:24:12,080 Speaker 2: instead of being disciplined about it fiscally, we then handed 1803 01:24:12,120 --> 01:24:15,360 Speaker 2: out in the last couple of years just ridiculous pay rises, 1804 01:24:15,520 --> 01:24:19,200 Speaker 2: absurd pay rises, and that just stoked inflation. So to 1805 01:24:19,240 --> 01:24:22,040 Speaker 2: say you didn't get major pay rises above and beyond 1806 01:24:22,040 --> 01:24:24,800 Speaker 2: the inflation rate simply isn't true. So he's down on 1807 01:24:24,800 --> 01:24:26,920 Speaker 2: the country. He doesn't think there's much opportunity here and 1808 01:24:26,920 --> 01:24:28,760 Speaker 2: he doesn't think he got a pay rise. Maybe he didn't. 1809 01:24:28,800 --> 01:24:30,600 Speaker 2: I don't know. But just last week I told you 1810 01:24:30,640 --> 01:24:33,840 Speaker 2: about Woolwis who as part of their annual report, were 1811 01:24:33,880 --> 01:24:37,559 Speaker 2: handing out eighteen percent pay rises in the last two years, 1812 01:24:37,680 --> 01:24:41,360 Speaker 2: nine percent a year. Meanwhile, as the country's economy has 1813 01:24:41,360 --> 01:24:44,000 Speaker 2: been sputtering in and out of recession, they talk about 1814 01:24:44,000 --> 01:24:47,240 Speaker 2: the low wages generally and how people can broadly speaking 1815 01:24:47,280 --> 01:24:49,960 Speaker 2: earn more in Australia. Then they go and quote an 1816 01:24:49,960 --> 01:24:52,639 Speaker 2: economist who goes, there is little that New Zealand can 1817 01:24:52,680 --> 01:24:55,799 Speaker 2: do in the short term to improve its economic conditions. 1818 01:24:55,880 --> 01:24:57,439 Speaker 2: So by the time you get to the end of that, 1819 01:24:58,840 --> 01:25:00,240 Speaker 2: as seen by the rest of the world, world, do 1820 01:25:00,280 --> 01:25:03,840 Speaker 2: you think, boy, our image has taken a battering Ten 1821 01:25:03,880 --> 01:25:05,840 Speaker 2: Away from nine. 1822 01:25:05,600 --> 01:25:09,240 Speaker 1: The Mike hosting Breakfast with the Jaguar f Base News 1823 01:25:09,280 --> 01:25:10,280 Speaker 1: talks d's. 1824 01:25:10,000 --> 01:25:12,160 Speaker 2: Living away from nine. Are you were wondering why tourism 1825 01:25:12,200 --> 01:25:13,720 Speaker 2: is down in New Zealand? Might see him as the 1826 01:25:13,800 --> 01:25:15,519 Speaker 2: article gives you a window on how the world views 1827 01:25:15,520 --> 01:25:18,640 Speaker 2: as well. I mean, really, if a country's a bit 1828 01:25:18,680 --> 01:25:21,519 Speaker 2: down on it's lucky economically, does that affect whether you 1829 01:25:21,600 --> 01:25:23,400 Speaker 2: go and go a bit of fly fishing and Tapa. 1830 01:25:23,800 --> 01:25:27,000 Speaker 2: I wouldn't have thought so did they say a doom 1831 01:25:27,080 --> 01:25:31,040 Speaker 2: was one of the ones who'd fleed the country. So true, 1832 01:25:31,360 --> 01:25:34,679 Speaker 2: so true. The Prince Harry of New Zealand politics Kiwi 1833 01:25:34,680 --> 01:25:38,559 Speaker 2: billionaire Bruce Plestad Mike backs a wealth tax with a catch. 1834 01:25:38,880 --> 01:25:41,000 Speaker 2: I see radio in New Zealand have started the propaganda 1835 01:25:41,000 --> 01:25:42,920 Speaker 2: campaign on behalf of the Labor Party. They should be 1836 01:25:42,920 --> 01:25:45,160 Speaker 2: called out. John. I think you're probably overreading it slightly. 1837 01:25:45,200 --> 01:25:46,880 Speaker 2: I've read the story this morning. It's all over the place. 1838 01:25:46,920 --> 01:25:48,639 Speaker 2: I think it's been reprinted in the here all this morning. 1839 01:25:48,960 --> 01:25:51,160 Speaker 2: Plus it's an interesting guy, a very likable guy. But 1840 01:25:52,880 --> 01:25:55,599 Speaker 2: the catch, and that's the critical point. And he makes 1841 01:25:55,600 --> 01:25:57,720 Speaker 2: the point I would make if you want to go 1842 01:25:57,760 --> 01:26:00,280 Speaker 2: down this whole Chris Hepkins, let's have a discussion about time, 1843 01:26:00,280 --> 01:26:02,639 Speaker 2: at age and tax. It's not a matter of simply 1844 01:26:02,680 --> 01:26:06,240 Speaker 2: grabbing more money, as Plus did quite rightly points out, 1845 01:26:06,880 --> 01:26:10,080 Speaker 2: it's the wastage that worries people. You don't need more money. 1846 01:26:10,120 --> 01:26:12,240 Speaker 2: It's like the health debate that we've been talking about lately. 1847 01:26:12,280 --> 01:26:14,840 Speaker 2: I think Luxon, who's back on the program tomorrow, By 1848 01:26:14,840 --> 01:26:17,320 Speaker 2: the way, I think Luckson's got a spot on in 1849 01:26:17,360 --> 01:26:19,040 Speaker 2: the sense that you know, how much more do you 1850 01:26:19,080 --> 01:26:21,479 Speaker 2: need for health? For example, thirty billion dollars a year 1851 01:26:21,520 --> 01:26:24,920 Speaker 2: for a population of five million people. That's plenty of money. 1852 01:26:25,240 --> 01:26:27,080 Speaker 2: So you've got to look at then. Instead of calling 1853 01:26:27,120 --> 01:26:29,160 Speaker 2: for yet more, what you do is say, what are 1854 01:26:29,160 --> 01:26:31,120 Speaker 2: we doing with what we currently got? And that's Bruce 1855 01:26:31,120 --> 01:26:33,200 Speaker 2: plus Dad's problem. It's all very well asking for more 1856 01:26:33,240 --> 01:26:36,639 Speaker 2: tax and paying more, but where's the wastage? How much 1857 01:26:36,680 --> 01:26:39,479 Speaker 2: wastage is there and how much you you know, literally 1858 01:26:40,200 --> 01:26:42,880 Speaker 2: throwing down the toilet that you could save and spend 1859 01:26:42,880 --> 01:26:45,639 Speaker 2: more efficiently elsewhere. I think that's probably worth having a 1860 01:26:45,680 --> 01:26:47,879 Speaker 2: conversation about five minutes away from nine. 1861 01:26:48,000 --> 01:26:51,760 Speaker 9: Trending now will Chemist ware House the home of big 1862 01:26:51,800 --> 01:26:52,599 Speaker 9: brand fate amens. 1863 01:26:52,720 --> 01:26:54,120 Speaker 2: But I do maintain I think I said it the 1864 01:26:54,200 --> 01:26:56,840 Speaker 2: other day. If Hipkins really is determined to go to 1865 01:26:56,880 --> 01:26:59,640 Speaker 2: the next election campaign in twenty six a within a 1866 01:26:59,720 --> 01:27:03,679 Speaker 2: gen of more taxes, he literally is writing his death 1867 01:27:03,720 --> 01:27:07,120 Speaker 2: warrant if he lasts as long as as that as leader, 1868 01:27:07,360 --> 01:27:09,599 Speaker 2: And then his big idea to get back into power 1869 01:27:09,600 --> 01:27:12,000 Speaker 2: in twenty twenty six is to go, guys, here's what 1870 01:27:12,040 --> 01:27:14,639 Speaker 2: we've been doing for the last three years, having buggered 1871 01:27:14,640 --> 01:27:17,160 Speaker 2: the economy completely. What I'd like to do now is 1872 01:27:17,240 --> 01:27:19,400 Speaker 2: raide your pockets just a bit further. Do you think 1873 01:27:19,479 --> 01:27:22,120 Speaker 2: that is a recipe for any sort of electoral success 1874 01:27:22,160 --> 01:27:25,320 Speaker 2: at all? I don't think so. Five minutes away from Night. 1875 01:27:25,560 --> 01:27:30,679 Speaker 1: Trending now the home of Big Brand Cosmetics. 1876 01:27:30,120 --> 01:27:33,080 Speaker 2: Elton John he's been talking about Donald Trump. He's done 1877 01:27:33,080 --> 01:27:36,880 Speaker 2: an interview for Variety and Trump and Kim John Ung 1878 01:27:37,360 --> 01:27:41,080 Speaker 2: came up and he said previously he's not a massive 1879 01:27:41,080 --> 01:27:43,400 Speaker 2: fan of Trump and his politics, but here's what he 1880 01:27:43,400 --> 01:27:44,200 Speaker 2: says today. 1881 01:27:43,960 --> 01:27:47,120 Speaker 23: You're not a supporter of Donald Trump's He loves your music. 1882 01:27:47,560 --> 01:27:49,840 Speaker 23: How did it feel when he took the lyrics to 1883 01:27:49,960 --> 01:27:53,080 Speaker 23: rocket Man and he used it as a nickname for 1884 01:27:53,160 --> 01:27:55,280 Speaker 23: Kim Jong Un, and then he gave Kim Jung Un. 1885 01:27:55,680 --> 01:27:58,760 Speaker 19: I laughed, was brilliant. I just good on your Donald. 1886 01:27:58,840 --> 01:28:01,920 Speaker 19: I'm the rocket Man. Yeah. Donald's always been a fan 1887 01:28:01,960 --> 01:28:04,799 Speaker 19: of mine and he's been to my concerts many, many times. 1888 01:28:06,280 --> 01:28:08,640 Speaker 19: So I mean, I've always been friendly towards him, and 1889 01:28:09,360 --> 01:28:12,000 Speaker 19: I thank him for his support. Yeah, when he did that, 1890 01:28:12,040 --> 01:28:14,400 Speaker 19: I just thought it was hilarious. It made me laugh. 1891 01:28:14,800 --> 01:28:17,519 Speaker 5: He gave Kim John and the signed CD. Yes you 1892 01:28:17,560 --> 01:28:21,000 Speaker 5: know which, Yeah, I know. Because he hasn't heard of me, 1893 01:28:21,000 --> 01:28:23,000 Speaker 5: he can do it. May be very surprised if he had. 1894 01:28:23,640 --> 01:28:25,679 Speaker 5: I've never toured North Korea and I have no intention 1895 01:28:25,760 --> 01:28:29,720 Speaker 5: of doing so. But it was I thought it was 1896 01:28:29,720 --> 01:28:30,720 Speaker 5: a light moment and it. 1897 01:28:30,680 --> 01:28:33,240 Speaker 2: Was fun exactly, and that's the way to you life. 1898 01:28:33,280 --> 01:28:35,280 Speaker 2: When was that done? Was that recently? Does he talk 1899 01:28:35,280 --> 01:28:39,639 Speaker 2: about his anything in there or not? We don't know. Okay, 1900 01:28:40,680 --> 01:28:42,880 Speaker 2: So it's current because he's got I'm reading over the 1901 01:28:42,920 --> 01:28:44,479 Speaker 2: week and he's got some sort of eye he calls 1902 01:28:44,520 --> 01:28:48,040 Speaker 2: a fairly serious eye problem. So it'll be interesting to 1903 01:28:48,080 --> 01:28:50,040 Speaker 2: see where that goes. Richard Quest looking Forward to his 1904 01:28:50,080 --> 01:28:52,080 Speaker 2: Company on the program tomorrow will sort of go around 1905 01:28:52,120 --> 01:28:55,160 Speaker 2: the world with Richard because he's a good brain in 1906 01:28:55,280 --> 01:28:57,679 Speaker 2: terms of the geopolitics of the world at the moment. 1907 01:28:57,760 --> 01:29:00,479 Speaker 2: So Richard Quest on the program tomorrow and Graham our 1908 01:29:00,520 --> 01:29:04,120 Speaker 2: old mate. We'll be catching up with him on Thursday 1909 01:29:04,160 --> 01:29:06,360 Speaker 2: Morning's program. Sobers a week on the Mike Hosking Breakfast 1910 01:29:06,400 --> 01:29:08,479 Speaker 2: Look Forward to Your Company from six o'clock tomorrow morning. 1911 01:29:08,479 --> 01:29:10,599 Speaker 2: As always, Happy Days. 1912 01:29:18,040 --> 01:29:20,960 Speaker 1: For more from the Mic Asking Breakfast, listen live to 1913 01:29:21,040 --> 01:29:24,120 Speaker 1: news talks. It'd be from six am weekdays, or follow 1914 01:29:24,160 --> 01:29:25,680 Speaker 1: the podcast on iHeartRadio