1 00:00:00,720 --> 00:00:04,920 Speaker 1: You're Trusted Home the News for Entertainment, Opinion and Mike 2 00:00:05,120 --> 00:00:08,879 Speaker 1: The Mike Hosking Breakfast with Bailey's Real Estate, your local 3 00:00:08,920 --> 00:00:12,480 Speaker 1: experts across Residential, commercial and rural news, togs. 4 00:00:12,360 --> 00:00:14,200 Speaker 2: DB, Bolly You and Welcome Today. The oil and gas 5 00:00:14,240 --> 00:00:17,760 Speaker 2: reputation scrappers. Labor says they will reimpose the licensed ban 6 00:00:18,000 --> 00:00:20,960 Speaker 2: are the Beme scooter scandal as licenses are canceled. Good 7 00:00:20,960 --> 00:00:24,520 Speaker 2: news on housing, good news on aviation, good news on oasis, 8 00:00:24,840 --> 00:00:27,440 Speaker 2: Mark and Jindy do politics Wednesday after Right, Richard Arnold, 9 00:00:27,440 --> 00:00:30,600 Speaker 2: Steve Price, they batter up from offshore as well. Posky 10 00:00:30,640 --> 00:00:32,480 Speaker 2: the middle of the week. Here we go seven past six. 11 00:00:32,479 --> 00:00:35,239 Speaker 2: What a weird old world. I'm watching mass protests in 12 00:00:35,240 --> 00:00:39,680 Speaker 2: Australia yesterday from unionist right. The CFMU has been put 13 00:00:39,720 --> 00:00:42,120 Speaker 2: into administration by the Australian government. There's a very big 14 00:00:42,120 --> 00:00:45,080 Speaker 2: controversial step for a couple of reasons. One governments don't 15 00:00:45,080 --> 00:00:48,760 Speaker 2: normally take over businesses. Unions are otherwise. And two labourers 16 00:00:48,800 --> 00:00:51,000 Speaker 2: and lockstep of course with the union movement and their 17 00:00:51,040 --> 00:00:52,920 Speaker 2: mates and bedfellows. A lot of people as a result 18 00:00:52,960 --> 00:00:55,600 Speaker 2: of lost their job. So if they go yesterday, tools 19 00:00:55,640 --> 00:00:58,040 Speaker 2: down and the major cities, all the major cities protesting 20 00:00:58,080 --> 00:01:01,040 Speaker 2: about what's happened now the reason it's happened, if you 21 00:01:01,080 --> 00:01:02,800 Speaker 2: haven't followed the story, is the Union or a bunch 22 00:01:02,800 --> 00:01:05,600 Speaker 2: of crooks. Basically there have been extensive and gobsmacking reporting 23 00:01:05,600 --> 00:01:08,120 Speaker 2: by the Sydney Morning Herald and Channel nine and just 24 00:01:08,160 --> 00:01:09,840 Speaker 2: what this union's been up to over the years in 25 00:01:09,920 --> 00:01:12,560 Speaker 2: terms of stand ab a tactics and bravery. In essence, 26 00:01:13,000 --> 00:01:15,240 Speaker 2: you don't get anything done unless you pay them, hire 27 00:01:15,240 --> 00:01:18,000 Speaker 2: them and do as you're told. This, when uncovered with 28 00:01:18,080 --> 00:01:22,119 Speaker 2: such graphic and incontrovertible proof, got exceedingly embarrassing for the government. 29 00:01:22,160 --> 00:01:24,280 Speaker 2: Given it's not like everyone didn't know this was going 30 00:01:24,280 --> 00:01:26,279 Speaker 2: on anyway, It's just they didn't want to do anything 31 00:01:26,280 --> 00:01:29,560 Speaker 2: about it until of course they had to. Because they didn't. 32 00:01:29,680 --> 00:01:31,959 Speaker 2: They were all going down together. But ask yourself this, 33 00:01:32,520 --> 00:01:34,840 Speaker 2: how is it that you work for crooks? How is 34 00:01:34,880 --> 00:01:37,520 Speaker 2: it you know you belong to a group that's involved 35 00:01:37,560 --> 00:01:39,880 Speaker 2: in skull daggerish behavior and you're happy to pay your 36 00:01:39,920 --> 00:01:42,280 Speaker 2: subs to them each and every year, and then when 37 00:01:42,319 --> 00:01:45,200 Speaker 2: tipped into administration because of the jig's up, you then 38 00:01:45,280 --> 00:01:48,840 Speaker 2: go and down tools and launch protest to protest what 39 00:01:49,640 --> 00:01:53,640 Speaker 2: your love of dodgy behavior. It seems Australia knows it's dodgy, 40 00:01:54,040 --> 00:01:56,800 Speaker 2: accepts it's dodgy, wants to belong to dodgy groups, and 41 00:01:56,800 --> 00:01:59,360 Speaker 2: get upset when the dodginess is exposed. How mad is that? 42 00:01:59,560 --> 00:02:02,680 Speaker 2: How do you explain that what's gone so spectacularly wrong 43 00:02:03,160 --> 00:02:05,480 Speaker 2: for that to be seen as normal? But there it 44 00:02:05,640 --> 00:02:09,560 Speaker 2: was on the main streets of every Australian city yesterday, 45 00:02:09,919 --> 00:02:15,680 Speaker 2: the defense of crooked business practice. Go figure who news 46 00:02:15,680 --> 00:02:18,560 Speaker 2: of the world in ninety seconds. Now we started swiling 47 00:02:18,560 --> 00:02:20,200 Speaker 2: with Sakia in the garden. 48 00:02:20,320 --> 00:02:24,280 Speaker 3: A garden and a building there were once used for 49 00:02:24,400 --> 00:02:28,880 Speaker 3: lockdown parties. Remember the pictures just over there of the 50 00:02:28,919 --> 00:02:34,680 Speaker 3: wine and the food. Well, this garden and this building 51 00:02:35,240 --> 00:02:37,160 Speaker 3: and now bucking your service. 52 00:02:38,080 --> 00:02:42,720 Speaker 2: He was actually the hyperbowl aside to do as while 53 00:02:42,720 --> 00:02:45,959 Speaker 2: he was telling the boaters the economy shot and come 54 00:02:46,000 --> 00:02:48,480 Speaker 2: the budget in October, Texas are going up to which 55 00:02:48,520 --> 00:02:49,760 Speaker 2: Rishie said tod. 56 00:02:49,840 --> 00:02:54,440 Speaker 4: Keir Starmer's speech today was the clearest indication of what 57 00:02:54,560 --> 00:02:59,160 Speaker 4: labor has been planning to do all along, raise your taxes. 58 00:03:00,240 --> 00:03:02,919 Speaker 2: Also in Britain, calls for an inquiry into the Dagenham 59 00:03:02,960 --> 00:03:05,320 Speaker 2: Town fire we told you about yesterday. One couple's plans 60 00:03:05,320 --> 00:03:05,919 Speaker 2: have been ruined. 61 00:03:06,040 --> 00:03:09,880 Speaker 5: Long drama to find us that one special one wedding dress, 62 00:03:10,080 --> 00:03:13,359 Speaker 5: which she finally did. They finally remake it how it's 63 00:03:13,360 --> 00:03:16,079 Speaker 5: supposed to be. She was so happy, everything was ready 64 00:03:16,080 --> 00:03:18,520 Speaker 5: to go to the war. But now we are in 65 00:03:18,560 --> 00:03:21,160 Speaker 5: dead end. We got no money, nowhere to sleep. 66 00:03:21,480 --> 00:03:26,240 Speaker 2: To the war. These riellyes have got back another hostage. 67 00:03:26,440 --> 00:03:30,239 Speaker 6: I congratulate the Idea on another successful liberation operation. We 68 00:03:30,360 --> 00:03:33,560 Speaker 6: worked tirelessly to return all of our adductees. We will 69 00:03:33,560 --> 00:03:35,680 Speaker 6: continue to act like this until we get everyone home. 70 00:03:36,480 --> 00:03:38,560 Speaker 2: Families of hostages, you know. 71 00:03:38,600 --> 00:03:40,400 Speaker 7: People regarding it like it's a miracle. 72 00:03:40,440 --> 00:03:43,400 Speaker 4: And we're so thankful that after over three hundred and 73 00:03:43,440 --> 00:03:47,000 Speaker 4: twenty days in captivity, he managed to come out, and 74 00:03:47,040 --> 00:03:49,640 Speaker 4: we're so happy for his eleven kids. 75 00:03:49,680 --> 00:03:51,960 Speaker 2: Into the States with a Hero's camper, running heads about 76 00:03:52,200 --> 00:03:54,440 Speaker 2: border control. The show shops were sitting. 77 00:03:55,080 --> 00:03:57,480 Speaker 7: I think there's wide recognition in this country, and we've 78 00:03:57,520 --> 00:03:59,800 Speaker 7: had some success. I think that a number of illegal 79 00:03:59,800 --> 00:04:03,120 Speaker 7: and Grant's coming in recently has glid sat down since Satually. 80 00:04:03,200 --> 00:04:05,200 Speaker 7: That is a major issue and we've got to continue 81 00:04:05,240 --> 00:04:05,440 Speaker 7: to do. 82 00:04:05,520 --> 00:04:08,480 Speaker 2: That could be because of the wall. Bernie. Finally, Tiger 83 00:04:08,480 --> 00:04:11,000 Speaker 2: Woods justin Timberlake and granted a drinks license at their 84 00:04:11,040 --> 00:04:14,560 Speaker 2: sports bar in Scotland. They're turning the new Picture House 85 00:04:14,680 --> 00:04:17,920 Speaker 2: in Saint Andrews into a unique bar and restaurant. Aren't 86 00:04:17,920 --> 00:04:20,520 Speaker 2: they all unique? They already own an operator bar called 87 00:04:20,560 --> 00:04:22,240 Speaker 2: t Squared Social in New York. 88 00:04:22,279 --> 00:04:22,599 Speaker 8: Worker. 89 00:04:22,600 --> 00:04:25,120 Speaker 2: We'll start on the new barber the in media, here's 90 00:04:25,120 --> 00:04:26,440 Speaker 2: the world in ninety six. And by the way, I 91 00:04:26,480 --> 00:04:29,120 Speaker 2: speaking of the politics in America, Trump has tapped them. 92 00:04:29,320 --> 00:04:31,599 Speaker 2: Robert F. Kennedy has a job. He also taped Tossi 93 00:04:31,640 --> 00:04:36,279 Speaker 2: Gabbett overnight as part of their presidential transitional team. They'll 94 00:04:36,279 --> 00:04:38,800 Speaker 2: be in charge of staffing policy decisions. He needs to win, 95 00:04:38,880 --> 00:04:40,520 Speaker 2: of course, but at least I've got work. It is 96 00:04:40,560 --> 00:04:41,680 Speaker 2: eleven past six. 97 00:04:43,640 --> 00:04:48,440 Speaker 1: The Mic Asking Breakfast Full Show podcast on iHeartRadio Coward 98 00:04:48,480 --> 00:04:49,560 Speaker 1: by News Talk Zippy. 99 00:04:50,160 --> 00:04:52,719 Speaker 2: Mike Ceptka runs the unions in Australia like Jimmy Hoffey. 100 00:04:52,760 --> 00:04:54,840 Speaker 2: Yes he does, but it doesn't explain why people would 101 00:04:54,839 --> 00:04:58,560 Speaker 2: go and protest and somehow celebrate that a brazen mixture 102 00:04:58,680 --> 00:05:01,600 Speaker 2: or come back to starma. Because the contrast between him 103 00:05:01,600 --> 00:05:04,920 Speaker 2: and New Zealand is stark A brazen mixture is one headline, 104 00:05:05,120 --> 00:05:09,400 Speaker 2: a brazen mixture of flannel, flummery and falsehood. Star has 105 00:05:09,400 --> 00:05:11,680 Speaker 2: got no blueprint for Britain. The good news they got 106 00:05:11,680 --> 00:05:14,320 Speaker 2: overnight economically is prices in that particular part of the 107 00:05:14,360 --> 00:05:17,520 Speaker 2: world for August to down zero point three percent lowest 108 00:05:17,600 --> 00:05:19,320 Speaker 2: rates into October of twenty one. This is from the 109 00:05:19,320 --> 00:05:22,839 Speaker 2: British retail consortium, driven by clothing and manufacturing. They're plummeting 110 00:05:22,960 --> 00:05:26,040 Speaker 2: food prices though continue to rise more shortly fifteen past six, 111 00:05:28,440 --> 00:05:31,880 Speaker 2: go my Welt Andrew kellerher good morning, very good morning, 112 00:05:31,920 --> 00:05:34,440 Speaker 2: matt in to you yesterday Vulcan Steal, same sort of 113 00:05:34,480 --> 00:05:36,160 Speaker 2: business a same sort of problems. 114 00:05:36,760 --> 00:05:39,839 Speaker 9: That's dead right, So yeah, the reporting season continues that 115 00:05:39,920 --> 00:05:42,799 Speaker 9: the some key words we're just seeing everywhere, Mike comean 116 00:05:42,839 --> 00:05:43,720 Speaker 9: you can they sort of. 117 00:05:43,720 --> 00:05:44,720 Speaker 2: Just roll off the tongue. 118 00:05:44,760 --> 00:05:49,640 Speaker 9: Now, cost out, challenging, uncertainty and both those terms evident, 119 00:05:49,680 --> 00:05:51,400 Speaker 9: And yeah, the two businesses will have a look at 120 00:05:51,400 --> 00:05:54,720 Speaker 9: this morning. So yeah, Vulcan Steel, we covered off steel 121 00:05:54,760 --> 00:05:57,320 Speaker 9: and tube yesterday, So how did one of their peers, 122 00:05:57,360 --> 00:05:59,800 Speaker 9: competitors track We'll both sort of shining a light on 123 00:06:00,160 --> 00:06:03,800 Speaker 9: tough it is in the construction industry. So we've got unsurprisingly, 124 00:06:03,839 --> 00:06:06,400 Speaker 9: you've got similar themes and the Vulcan result as he 125 00:06:06,440 --> 00:06:08,440 Speaker 9: had in the Steel and Tube result. Vulcan Steal is 126 00:06:08,520 --> 00:06:12,800 Speaker 9: dual listed. Yeah, so they're facing similar headwinds to Steal 127 00:06:12,880 --> 00:06:15,960 Speaker 9: and Tube. Their innings are down thirty three percent. That 128 00:06:16,120 --> 00:06:19,640 Speaker 9: was broadly in line with expectations. They say low levels 129 00:06:19,680 --> 00:06:23,760 Speaker 9: of activity heavily impacted the steel division volumes there were 130 00:06:23,800 --> 00:06:27,159 Speaker 9: down eleven percent on the previous period. Sort of as 131 00:06:27,200 --> 00:06:29,800 Speaker 9: I mentioned, Mike, we have some of this commentary is 132 00:06:29,880 --> 00:06:31,159 Speaker 9: very much on repeat here. 133 00:06:31,240 --> 00:06:32,440 Speaker 2: So costs are a. 134 00:06:32,400 --> 00:06:35,760 Speaker 9: Focus for Vulcan, as they are for almost every reporting company, 135 00:06:35,800 --> 00:06:39,560 Speaker 9: the eponymous cost out line of response in almost every 136 00:06:39,600 --> 00:06:43,440 Speaker 9: company announcement. The environment was described by management as being 137 00:06:43,480 --> 00:06:46,839 Speaker 9: the harshest in years. You just have to reflect on 138 00:06:46,920 --> 00:06:49,719 Speaker 9: how many CEOs are sort of giving us these sorts 139 00:06:49,760 --> 00:06:52,440 Speaker 9: of comments. Might so we're not sort of seeing this 140 00:06:52,600 --> 00:06:56,040 Speaker 9: stress in the labor market yet, but we're certainly seeing 141 00:06:56,080 --> 00:06:59,640 Speaker 9: evidence of this sort of economic macro stress in the 142 00:06:59,680 --> 00:07:04,320 Speaker 9: company announcements they make. Vulcan make the comment that competitors 143 00:07:04,839 --> 00:07:09,560 Speaker 9: are reducing prices, which is about their competitors clearing inventory, 144 00:07:09,640 --> 00:07:13,320 Speaker 9: so turning inventory into cash, and the Vulcan CEO referred 145 00:07:13,320 --> 00:07:18,200 Speaker 9: to serious levels of desperation in the industry. These these 146 00:07:18,240 --> 00:07:20,640 Speaker 9: are you know, these are quite sort of telling words here. 147 00:07:20,960 --> 00:07:24,560 Speaker 9: Look they are transitasment operator. They seem to indicate that 148 00:07:24,600 --> 00:07:27,520 Speaker 9: they have more confidence in New Zealand coming out of 149 00:07:27,560 --> 00:07:29,880 Speaker 9: the sort of current funk ahead of Australia. That's because 150 00:07:29,920 --> 00:07:33,840 Speaker 9: Australia could be a sort of a state by state exercise. 151 00:07:33,880 --> 00:07:36,240 Speaker 9: So New Zealand to pick up in twenty twenty five. 152 00:07:36,840 --> 00:07:39,120 Speaker 9: And response to the announcement, the share price yesterday did 153 00:07:39,200 --> 00:07:41,080 Speaker 9: fall one percent, but I would say Mike, in the 154 00:07:41,160 --> 00:07:44,360 Speaker 9: last month the share price for Vulcan Stealers lifted from 155 00:07:44,400 --> 00:07:47,000 Speaker 9: sort of seven dollars to eight dollars. There is evidence 156 00:07:47,080 --> 00:07:50,760 Speaker 9: there of this improved sentiment in the SECT have given 157 00:07:50,760 --> 00:07:52,840 Speaker 9: a sort of more favorable interest rate outlook. 158 00:07:52,920 --> 00:07:55,040 Speaker 2: So they had a little light on the horizon here. 159 00:07:55,200 --> 00:07:57,000 Speaker 2: Good tell me about tourism because there are a couple 160 00:07:57,040 --> 00:07:58,880 Speaker 2: of analysts is reading they were sort of sort of 161 00:07:59,120 --> 00:08:01,080 Speaker 2: we were bracing for something. Didn't turn out to be 162 00:08:01,120 --> 00:08:02,320 Speaker 2: as bad as I thought. 163 00:08:03,080 --> 00:08:05,960 Speaker 9: No, so some interesting comments. So this is tourism Holdings, 164 00:08:05,960 --> 00:08:08,200 Speaker 9: And yeah, the positive here is that the result was 165 00:08:08,280 --> 00:08:10,840 Speaker 9: in line with the most recent guidelines, which is good. 166 00:08:10,880 --> 00:08:13,600 Speaker 2: So fifty one point eight million underlying net profit after tax. 167 00:08:14,000 --> 00:08:16,440 Speaker 9: Look Tourism Holdings like they put out there a goal 168 00:08:16,480 --> 00:08:18,840 Speaker 9: of achieving one hundred million dollars in net profit by 169 00:08:18,880 --> 00:08:22,480 Speaker 9: twenty twenty six. They now acknowledge that the prevailing economic 170 00:08:22,480 --> 00:08:25,760 Speaker 9: conditions make that target unrealistic, but they're still holding out 171 00:08:25,760 --> 00:08:27,600 Speaker 9: for it. So they're still going holding out for as 172 00:08:27,600 --> 00:08:32,360 Speaker 9: a goal as conditions improved, despite current uncertainty. There's the 173 00:08:32,360 --> 00:08:33,120 Speaker 9: buzzword again. 174 00:08:33,160 --> 00:08:34,240 Speaker 2: They still believe that. 175 00:08:34,160 --> 00:08:37,199 Speaker 9: The FY twenty five, the financial year twenty five result 176 00:08:37,240 --> 00:08:40,559 Speaker 9: will be better than this year. Now, Tourism Holding doesn't 177 00:08:40,640 --> 00:08:44,160 Speaker 9: just operate in New Zealand, operates in Australia, USA, Canada, UK. 178 00:08:45,120 --> 00:08:48,760 Speaker 9: Earnings contribution from New Zealand. Australia are the major sources 179 00:08:48,760 --> 00:08:52,440 Speaker 9: of profit. But get this record earning results from New 180 00:08:52,520 --> 00:08:56,199 Speaker 9: Zealand rental and sales and New Zealand tourism. So that's 181 00:08:56,200 --> 00:09:00,000 Speaker 9: sort of counterintuitive, isn't it. But disappointing outcomes from US, 182 00:09:00,440 --> 00:09:04,120 Speaker 9: Canada UK. Just a couple of interesting comments I want 183 00:09:04,120 --> 00:09:07,120 Speaker 9: to highlight in their outlook statement, Mike, They said booking 184 00:09:07,160 --> 00:09:11,520 Speaker 9: intakes in recent weeks indicate that the tourism recovery is slowing. 185 00:09:11,960 --> 00:09:14,760 Speaker 9: It could take longer than expected to return to pre 186 00:09:14,880 --> 00:09:18,280 Speaker 9: COVID levels. They say that sort of aligns with broader 187 00:09:18,320 --> 00:09:19,679 Speaker 9: industry feedback and sentiment. 188 00:09:19,720 --> 00:09:21,360 Speaker 2: Mike, you and I talk about the. 189 00:09:21,280 --> 00:09:24,839 Speaker 9: Monthly migration monthly tourism numbers from Stats New Zealand. Those 190 00:09:24,960 --> 00:09:27,880 Speaker 9: numbers seem to support that observation as well, certainly in 191 00:09:27,960 --> 00:09:31,120 Speaker 9: terms of New Zealand. Anyway, Now, share price, it's been 192 00:09:31,160 --> 00:09:33,520 Speaker 9: a tough year for tourism holding shareholders. The share price 193 00:09:33,559 --> 00:09:36,880 Speaker 9: down almost fifty percent so far this year. Has lifted 194 00:09:36,880 --> 00:09:39,880 Speaker 9: off its lows recently, but yesterday the share price did 195 00:09:39,880 --> 00:09:44,080 Speaker 9: four five percent. After yesterday's announcement, Survive till twenty five 196 00:09:44,320 --> 00:09:46,760 Speaker 9: just keeps sort of bouncing around, doesn't it. 197 00:09:46,640 --> 00:09:47,520 Speaker 2: Give me some numbers? 198 00:09:48,520 --> 00:09:51,640 Speaker 9: So bit of economic data outs in the US, so 199 00:09:51,800 --> 00:09:54,400 Speaker 9: consumer confidence lifted, So that sort of leans against the 200 00:09:54,440 --> 00:09:57,800 Speaker 9: recession narrative that this market here is just hanging in there, 201 00:09:57,840 --> 00:10:01,280 Speaker 9: just waiting for the Nvidia announcement, which will be after. 202 00:10:01,040 --> 00:10:04,280 Speaker 2: The close Tomorrowity is going to save the world, that's right. 203 00:10:04,320 --> 00:10:06,280 Speaker 9: All bets are off until the video comes out, but 204 00:10:06,280 --> 00:10:08,440 Speaker 9: the Dow Jones is down one point at the stage 205 00:10:08,559 --> 00:10:10,520 Speaker 9: forty one thousand, two hundred and thirty eight s and 206 00:10:10,559 --> 00:10:13,679 Speaker 9: p five hundred five six twenty nine. It's up thirteen 207 00:10:13,720 --> 00:10:16,240 Speaker 9: points as we sport speak about quarter percent now's that 208 00:10:16,360 --> 00:10:20,239 Speaker 9: also of about a quarter percent seventeen thousand, seven hundred. 209 00:10:20,000 --> 00:10:21,320 Speaker 2: And seventy overnight. 210 00:10:21,400 --> 00:10:24,320 Speaker 9: The forty one hundred gain point two eight three four five, 211 00:10:24,360 --> 00:10:26,880 Speaker 9: the nikke a gain just under half a percent thirty 212 00:10:26,920 --> 00:10:29,760 Speaker 9: eight thousand, two hundred and eighty eight. There Shangha compet 213 00:10:29,840 --> 00:10:33,200 Speaker 9: it down seven to eight four eight. Across the Tasman yesterday, 214 00:10:33,320 --> 00:10:36,520 Speaker 9: the OSSI's lost thirteen points eight oh seven to one, 215 00:10:36,760 --> 00:10:38,440 Speaker 9: so small for there and the end of Nex fifty 216 00:10:38,520 --> 00:10:40,880 Speaker 9: didn't have a great day, lost one point one percent 217 00:10:40,880 --> 00:10:43,720 Speaker 9: one hundred and thirty nine points twelve thousand, four hundred 218 00:10:43,760 --> 00:10:46,439 Speaker 9: and fifty one. Currencies, Kiwi dollar is still supported by 219 00:10:46,480 --> 00:10:49,760 Speaker 9: weak US points six two four nine against the US 220 00:10:49,800 --> 00:10:52,920 Speaker 9: point nine two oh one, Ossi point five to five 221 00:10:52,960 --> 00:10:55,480 Speaker 9: eight seven, Euro point four to seven one five pounds 222 00:10:56,000 --> 00:10:58,240 Speaker 9: bang on the ninety mark against the Japanese end goal, 223 00:10:58,360 --> 00:11:01,199 Speaker 9: still holding it over to two thousand five hundred and 224 00:11:01,200 --> 00:11:03,840 Speaker 9: twenty five two one is the mark there and Breakthrough 225 00:11:03,960 --> 00:11:06,480 Speaker 9: just pulled back a little bit seventy nine dollars and 226 00:11:06,640 --> 00:11:07,640 Speaker 9: sixty seven cents. 227 00:11:07,720 --> 00:11:10,200 Speaker 2: Good day, much, said Tomorrow Andrew kellahead Jomowealth dot co 228 00:11:10,280 --> 00:11:12,960 Speaker 2: dot n Z, tasking blenty on mining and oil for 229 00:11:13,000 --> 00:11:15,320 Speaker 2: you this morning on the program. But an example BHP, 230 00:11:15,440 --> 00:11:17,320 Speaker 2: who are the biggest mining company in Australia. They had 231 00:11:17,360 --> 00:11:19,840 Speaker 2: a two percent lifted underlying profit. They went on about China. 232 00:11:19,920 --> 00:11:22,120 Speaker 2: Everyone goes on about China and the uncertainty of China, 233 00:11:22,160 --> 00:11:26,480 Speaker 2: but for now they banked a profit of twenty billion 234 00:11:26,840 --> 00:11:29,920 Speaker 2: dollars from a record output. You can't argue with that. 235 00:11:30,040 --> 00:11:32,199 Speaker 2: Six twenty one Good News Talk, said. 236 00:11:34,040 --> 00:11:38,560 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered 237 00:11:38,559 --> 00:11:39,280 Speaker 1: by News Talks. 238 00:11:39,280 --> 00:11:41,920 Speaker 2: It be morning, Mike for all the positives. There's an 239 00:11:41,960 --> 00:11:44,960 Speaker 2: underlying darkness around the corruption in Australia definitely different to 240 00:11:44,960 --> 00:11:46,920 Speaker 2: New Zealand. Whatever the reason, it maybe harks back to 241 00:11:46,960 --> 00:11:49,600 Speaker 2: different times. Thank you, Grant. It's nicely put. I heard 242 00:11:49,720 --> 00:11:52,400 Speaker 2: last night Mike. Supergroup Oasis are getting back together. Correct 243 00:11:52,440 --> 00:11:54,920 Speaker 2: me if this grumpy old man is wrong, But they 244 00:11:54,920 --> 00:11:56,640 Speaker 2: are far from a supergroup. I can think of maybe 245 00:11:56,679 --> 00:11:58,520 Speaker 2: three or four songs played on the radio. The music's 246 00:11:58,559 --> 00:12:01,120 Speaker 2: dreary and winding, much like the Gelegant Brothers. Well, it's 247 00:12:01,160 --> 00:12:03,680 Speaker 2: all open to interpretation, isn't it. Will they sell out yes? 248 00:12:04,160 --> 00:12:06,240 Speaker 2: Is it a multimillion dollar package, Yes, if it goes well. 249 00:12:06,280 --> 00:12:08,760 Speaker 2: Will it go global? Yes? Will they hold together? Who 250 00:12:08,760 --> 00:12:11,560 Speaker 2: would know? You like him? You don't like them? Williams Overnight? 251 00:12:11,720 --> 00:12:15,800 Speaker 2: It's colopintot who's got the drive for Williams, Not Liam, 252 00:12:15,880 --> 00:12:18,280 Speaker 2: not Schumacher. Colopinto, by the way, is going to be 253 00:12:18,320 --> 00:12:20,240 Speaker 2: the first Argentinian in twenty three years to be an 254 00:12:20,280 --> 00:12:23,680 Speaker 2: F one. They've Saxergean Overnight, so Colopino gets the drive 255 00:12:23,720 --> 00:12:26,040 Speaker 2: for the remaining nine races of the season. He's an 256 00:12:26,160 --> 00:12:29,320 Speaker 2: F two. It's an interesting call. He's part of the 257 00:12:29,520 --> 00:12:32,000 Speaker 2: driver academy, which then goes and backs up the theory. 258 00:12:32,040 --> 00:12:33,920 Speaker 2: Why have a driver academy if you don't go and 259 00:12:33,960 --> 00:12:36,959 Speaker 2: give people the opportunity when the opportunity comes along? Fair enough? 260 00:12:37,559 --> 00:12:39,959 Speaker 2: Is he good enough? Does he have any experience in 261 00:12:40,080 --> 00:12:40,360 Speaker 2: F one? 262 00:12:40,440 --> 00:12:40,520 Speaker 4: Not? 263 00:12:40,600 --> 00:12:44,359 Speaker 2: Really? Is he as experienced as Lawsome or Schumacher? 264 00:12:44,440 --> 00:12:44,480 Speaker 10: No? 265 00:12:45,200 --> 00:12:48,559 Speaker 2: Are they taking a risk in this? Yes? But that's 266 00:12:48,600 --> 00:12:50,559 Speaker 2: the news that broke over night six twenty. 267 00:12:50,240 --> 00:12:54,400 Speaker 1: Five trending now with one Square House, you're one star 268 00:12:54,600 --> 00:12:56,480 Speaker 1: for Father's Day, Fragrances. 269 00:13:00,160 --> 00:13:06,480 Speaker 2: Understand. I think this is huge news in Britain because 270 00:13:06,520 --> 00:13:11,920 Speaker 2: of you know, the whole Britain Wales Island. It'll bruh 271 00:13:11,960 --> 00:13:13,280 Speaker 2: out to you. I don't know how big they are 272 00:13:13,280 --> 00:13:15,600 Speaker 2: in America Aubus, but anyway, twenty seven of them August 273 00:13:16,080 --> 00:13:18,480 Speaker 2: seven pm last night, out of time. That was the teas, 274 00:13:18,520 --> 00:13:20,079 Speaker 2: that was when it was going to happen. So the 275 00:13:20,160 --> 00:13:23,080 Speaker 2: reunion's on toos on Europe next year. Presumably they didn't 276 00:13:23,160 --> 00:13:25,880 Speaker 2: kill each other and will go global. So fourteen shows 277 00:13:25,920 --> 00:13:30,480 Speaker 2: currently tarded Manchester, London, Edinburgh and Dublin. And then they 278 00:13:30,480 --> 00:13:33,360 Speaker 2: were like sleapathic, know what I mean? I know my 279 00:13:33,520 --> 00:13:35,040 Speaker 2: brother back than anybody else. 280 00:13:35,600 --> 00:13:40,640 Speaker 1: When both come together, well greatness. 281 00:13:41,120 --> 00:13:44,840 Speaker 9: We made people feel something that was indefinable. 282 00:13:47,320 --> 00:13:47,760 Speaker 11: This is it. 283 00:13:47,920 --> 00:13:48,360 Speaker 4: This is up. 284 00:13:50,320 --> 00:13:53,240 Speaker 9: People will never ever forget the way that you made 285 00:13:53,240 --> 00:13:53,720 Speaker 9: them feel. 286 00:13:54,440 --> 00:13:56,400 Speaker 2: This is a touch of Robbie Williams about them, isn't 287 00:13:56,400 --> 00:13:58,959 Speaker 2: there in that sense? When Oasis get back together, even 288 00:13:59,080 --> 00:14:00,920 Speaker 2: Starmer gotten you spent. 289 00:14:00,800 --> 00:14:02,559 Speaker 1: A lot of times a day looking back in anger? 290 00:14:02,600 --> 00:14:05,920 Speaker 12: But are you happy that Oasis has decided to reform 291 00:14:05,960 --> 00:14:06,480 Speaker 12: on your watch? 292 00:14:06,559 --> 00:14:08,520 Speaker 3: And what can I say in relation to that? It's 293 00:14:08,720 --> 00:14:11,560 Speaker 3: very very good, it's a great song. I'm not sure 294 00:14:11,559 --> 00:14:14,679 Speaker 3: I'm the best player to champion it after the last 295 00:14:15,040 --> 00:14:19,120 Speaker 3: twenty or thirty minutes. But look, let's see what happens 296 00:14:19,240 --> 00:14:20,280 Speaker 3: with Oasis. 297 00:14:20,560 --> 00:14:23,880 Speaker 2: It's fairly noncommittal, isn't it. Jeez? What was the point 298 00:14:23,920 --> 00:14:25,920 Speaker 2: of that? Mind you? Why ask a prime minister about 299 00:14:25,920 --> 00:14:29,360 Speaker 2: everything he'd heard of Oasis? Well, Lucie, he didn't say 300 00:14:29,440 --> 00:14:32,960 Speaker 2: who Jonathan Dean, who's the works with the Times. He's 301 00:14:32,960 --> 00:14:34,840 Speaker 2: the one who broak the original story in terms of 302 00:14:34,920 --> 00:14:37,240 Speaker 2: they are getting back together. It is on He's with 303 00:14:37,360 --> 00:14:40,400 Speaker 2: us before eight o'clock this morning. Not enough coverage on 304 00:14:40,440 --> 00:14:43,840 Speaker 2: this this unless I've read the whole thing completely wrong? 305 00:14:43,880 --> 00:14:46,520 Speaker 2: Does the scooter things take a dramatic twist in this country? 306 00:14:46,520 --> 00:14:51,520 Speaker 2: Over night? The reportage started in Australia. Beam it looks 307 00:14:51,680 --> 00:14:57,040 Speaker 2: like have jurymanded the whole system, ripped people off, done 308 00:14:57,040 --> 00:14:59,120 Speaker 2: a whole bunch of stuff against their license and so 309 00:14:59,240 --> 00:15:02,720 Speaker 2: Auckland has moved Wellington might Australia is still to come 310 00:15:03,080 --> 00:15:04,160 Speaker 2: more shortly. 311 00:15:05,280 --> 00:15:09,360 Speaker 1: The newsmakers and the personalities the big names talk to 312 00:15:09,720 --> 00:15:14,480 Speaker 1: like my casting, Breakfast with a Veta, Retirement Communities, Life 313 00:15:14,640 --> 00:15:16,160 Speaker 1: your Way, News to send. 314 00:15:16,000 --> 00:15:18,520 Speaker 2: B the Tailor two government. So the government here find 315 00:15:18,520 --> 00:15:20,600 Speaker 2: a massive fiscal hold, so what do they do? They 316 00:15:20,800 --> 00:15:23,360 Speaker 2: start implementing some savings and give us some tax cuts. 317 00:15:23,880 --> 00:15:26,200 Speaker 2: The new government in Britain, the Labor government, find a 318 00:15:26,240 --> 00:15:27,960 Speaker 2: massi fiscal hole. What do they do while they put 319 00:15:28,000 --> 00:15:29,880 Speaker 2: the taxes up? So that was the big speech over night. 320 00:15:29,880 --> 00:15:31,800 Speaker 2: It's going to be painful. The budget's coming in October. 321 00:15:31,800 --> 00:15:33,840 Speaker 2: It's going to be painful. They think their whole is 322 00:15:34,080 --> 00:15:36,400 Speaker 2: forty billion dollars, so what are they going to do? 323 00:15:36,480 --> 00:15:38,200 Speaker 2: So the talk is what they call a stealth tax. 324 00:15:38,240 --> 00:15:41,440 Speaker 2: That's the movement of tax threshold. There's the capital gains tax, 325 00:15:41,440 --> 00:15:43,600 Speaker 2: which they already have depending on what you sell and 326 00:15:43,600 --> 00:15:45,160 Speaker 2: what you've got depends on how much your tax, but 327 00:15:45,200 --> 00:15:46,640 Speaker 2: it can be as high as twenty four percent on 328 00:15:47,000 --> 00:15:50,480 Speaker 2: residential property. A possibility of reducing the pension tax. In 329 00:15:50,560 --> 00:15:52,480 Speaker 2: other words, if you contribute to a pension, you get 330 00:15:52,480 --> 00:15:57,200 Speaker 2: tax cuts or tax relief. They look at maybe knocking 331 00:15:57,240 --> 00:15:59,560 Speaker 2: that back, and then of course there's possibility of the 332 00:15:59,560 --> 00:16:01,640 Speaker 2: inheritance tax that will be up to Currently they pay 333 00:16:01,640 --> 00:16:04,480 Speaker 2: a rate of forty percent, so huge taxes and he's 334 00:16:04,520 --> 00:16:07,120 Speaker 2: just going to tax you more. The politics of it, 335 00:16:07,160 --> 00:16:08,720 Speaker 2: as he said he wouldn't be a government of taxes, 336 00:16:08,760 --> 00:16:10,640 Speaker 2: and the first thing he does is becomes a government 337 00:16:10,640 --> 00:16:14,280 Speaker 2: of taxes. Twenty two minutes away from seven in mascot, 338 00:16:15,920 --> 00:16:17,920 Speaker 2: Apple's got some news for us in the wonderful world 339 00:16:17,920 --> 00:16:21,120 Speaker 2: of iPhones and AI and chat, GPT and all that stuff. 340 00:16:21,200 --> 00:16:23,120 Speaker 2: Richard Donold on top of that. Meantime, back here another 341 00:16:23,200 --> 00:16:25,520 Speaker 2: chapter on the East scooter battle. Beam has been booted 342 00:16:25,520 --> 00:16:28,840 Speaker 2: out of Auckland. Wellington are investigating. This is after Australian 343 00:16:28,880 --> 00:16:31,480 Speaker 2: media reports that she does the company snuck more scooters 344 00:16:31,480 --> 00:16:35,080 Speaker 2: in to various cities than their license allowed. Auckland Council's 345 00:16:35,080 --> 00:16:37,920 Speaker 2: Manager of Licensing and Environmental Health, Bourburn Chetty is with 346 00:16:38,040 --> 00:16:39,160 Speaker 2: us on this Merburne morning to you. 347 00:16:39,880 --> 00:16:40,520 Speaker 13: Good morning, Mike. 348 00:16:40,560 --> 00:16:42,560 Speaker 2: If it hadn't been for the Australian media, would you 349 00:16:42,600 --> 00:16:43,240 Speaker 2: ever have known? 350 00:16:44,880 --> 00:16:48,800 Speaker 13: Yes, Mike, we got there was a blower complaint early 351 00:16:48,800 --> 00:16:52,920 Speaker 13: in August, Mike, and we did. We started some investigations 352 00:16:53,040 --> 00:16:58,440 Speaker 13: immediately and the a blow complaint included copies of Beam's 353 00:16:58,480 --> 00:17:04,080 Speaker 13: internal comms, demonstrated the clear intent to provide misleading information 354 00:17:04,440 --> 00:17:04,959 Speaker 13: to counsel. 355 00:17:05,280 --> 00:17:06,360 Speaker 2: So they're CrOx. 356 00:17:08,280 --> 00:17:09,800 Speaker 8: Well it was. 357 00:17:09,800 --> 00:17:13,040 Speaker 13: The information provided was misleading and inaccurate. 358 00:17:13,119 --> 00:17:16,399 Speaker 2: Mic right, So that's against the relationship you have with them. 359 00:17:16,440 --> 00:17:19,879 Speaker 2: They're supposed to give you open, honest, detailed data that 360 00:17:20,400 --> 00:17:21,240 Speaker 2: isn't made up. 361 00:17:22,000 --> 00:17:25,359 Speaker 13: Yes, I mean, we've got a license. We should be 362 00:17:25,440 --> 00:17:27,879 Speaker 13: with a license and our other operatices as well, with 363 00:17:28,080 --> 00:17:31,920 Speaker 13: range of conditions, and one of those conditions is adhering 364 00:17:32,000 --> 00:17:35,680 Speaker 13: to the east gutter caps in Auckland. There's different areas 365 00:17:35,680 --> 00:17:39,480 Speaker 13: of the city in order to protect public safety and 366 00:17:39,720 --> 00:17:43,240 Speaker 13: reduce nuisance, and all our perators are supposed to comply 367 00:17:43,320 --> 00:17:49,720 Speaker 13: with those caps. And they've deliberately exceeded those caps and 368 00:17:49,920 --> 00:17:52,080 Speaker 13: did not provide that information to counsel. 369 00:17:52,520 --> 00:17:55,159 Speaker 2: They've said sorry. Have they said sorry because they mean 370 00:17:55,200 --> 00:17:58,480 Speaker 2: it or because they've been caught? Oh? 371 00:17:58,520 --> 00:18:01,800 Speaker 13: I think that's for Beamed spawn Mike. They've apologized, but 372 00:18:03,080 --> 00:18:07,159 Speaker 13: from the seriesness of the issues we found, there's no 373 00:18:07,280 --> 00:18:09,720 Speaker 13: way that we can continue with the relationship. Would be 374 00:18:10,320 --> 00:18:12,840 Speaker 13: and we are we will be referring the meta to 375 00:18:12,880 --> 00:18:15,120 Speaker 13: the police for investigation as well, do you. 376 00:18:15,240 --> 00:18:17,359 Speaker 2: Know if Wellington are going to find the same thing, 377 00:18:17,440 --> 00:18:19,360 Speaker 2: or anywhere in Australia is going to find the same thing, 378 00:18:19,440 --> 00:18:22,080 Speaker 2: or that's out of your wheelhouse, it's out. 379 00:18:21,880 --> 00:18:24,000 Speaker 13: Of our wheel ask We have been in contact with 380 00:18:24,040 --> 00:18:26,320 Speaker 13: some of these councils, might be at different stages of 381 00:18:26,320 --> 00:18:30,760 Speaker 13: the investigation, so I know of the decision making process. 382 00:18:30,840 --> 00:18:33,480 Speaker 2: Next, which is Auckland as a city in the East 383 00:18:33,520 --> 00:18:35,439 Speaker 2: Scooter department of somebody else going to step in and 384 00:18:35,440 --> 00:18:37,760 Speaker 2: fill the gap or yeah, yeah. 385 00:18:37,560 --> 00:18:40,240 Speaker 13: I mean definitely the users of EA scooters in Auckland 386 00:18:40,280 --> 00:18:43,320 Speaker 13: will be disappointed by the news. We're currently exploring options, 387 00:18:43,400 --> 00:18:47,520 Speaker 13: Mike to fill the gap. We are reviewing new license applications. 388 00:18:47,560 --> 00:18:50,000 Speaker 13: We will try to give that process completed as soon 389 00:18:50,040 --> 00:18:53,399 Speaker 13: as possible so that we have the full complement of 390 00:18:53,480 --> 00:18:54,639 Speaker 13: East scooters back in Auckland. 391 00:18:54,760 --> 00:18:57,600 Speaker 2: Pres what's the vibe on the scooters in general, because 392 00:18:57,640 --> 00:18:59,720 Speaker 2: there's really a fascinating article the other day about all 393 00:18:59,720 --> 00:19:01,520 Speaker 2: the place around the world that have done all sorts 394 00:19:01,520 --> 00:19:04,720 Speaker 2: of different things around rules and regulations. In totality, are 395 00:19:04,720 --> 00:19:05,760 Speaker 2: they worth the hassle? 396 00:19:07,800 --> 00:19:11,120 Speaker 13: Ah, that's a really interesting question. In terms of Auckland. 397 00:19:11,160 --> 00:19:13,240 Speaker 13: The trips per day and the usage is pretty I 398 00:19:13,560 --> 00:19:18,200 Speaker 13: it's significantly. It's significant, especially in the mornings and evenings, 399 00:19:18,320 --> 00:19:21,280 Speaker 13: the last mile and first mile. So it has proved 400 00:19:21,640 --> 00:19:25,879 Speaker 13: contributing to the Auckland transport network in terms of the 401 00:19:25,880 --> 00:19:31,120 Speaker 13: scale and extent. That's something that probably something bigger assessment 402 00:19:31,200 --> 00:19:31,840 Speaker 13: needs to be done. 403 00:19:31,880 --> 00:19:34,800 Speaker 2: Mike, right, I read this morning and this is my 404 00:19:34,880 --> 00:19:38,159 Speaker 2: apologies for not having better. There's a three wheel operator 405 00:19:38,200 --> 00:19:40,679 Speaker 2: who can run the thing remotely in park it. Do 406 00:19:40,680 --> 00:19:41,440 Speaker 2: you know about them? 407 00:19:42,119 --> 00:19:42,359 Speaker 14: Yes? 408 00:19:42,400 --> 00:19:45,640 Speaker 13: I know that that's an operator that we've just issued 409 00:19:45,840 --> 00:19:48,360 Speaker 13: a license for to operate in some of the suburbs 410 00:19:48,359 --> 00:19:52,760 Speaker 13: in Auckland. But in terms of the remote remote function 411 00:19:53,720 --> 00:19:57,679 Speaker 13: that's been declared not compliant by NZTA. 412 00:19:58,119 --> 00:20:00,840 Speaker 2: Right, So that would you be happy with them if 413 00:20:00,840 --> 00:20:03,160 Speaker 2: it wasn't for the nzi TA, because that remote things 414 00:20:03,200 --> 00:20:04,719 Speaker 2: seem to work. In other words, you get them off 415 00:20:04,720 --> 00:20:07,320 Speaker 2: the footpath, stop blocking places and they can actually park 416 00:20:07,359 --> 00:20:08,679 Speaker 2: them up. That seems a good thing to me. 417 00:20:09,440 --> 00:20:09,680 Speaker 4: Yeah. 418 00:20:10,840 --> 00:20:13,560 Speaker 13: Yeah, in theory it seems good. But wherever the pedestrians 419 00:20:13,560 --> 00:20:17,640 Speaker 13: and the vire is it may be, it may be 420 00:20:17,680 --> 00:20:19,520 Speaker 13: you know, a problematic. 421 00:20:19,000 --> 00:20:21,120 Speaker 2: It might be running and they're trying to pack. 422 00:20:21,160 --> 00:20:25,960 Speaker 13: It's still it's something that's really you know, recently been introduced. 423 00:20:26,000 --> 00:20:27,800 Speaker 13: So we were still going to have a look at it, 424 00:20:27,840 --> 00:20:31,239 Speaker 13: and part of it is, you know, getting out there 425 00:20:31,240 --> 00:20:33,120 Speaker 13: in the suburbs to have a look. But in THETA 426 00:20:33,240 --> 00:20:37,240 Speaker 13: I declared that that function is not compliant, so we've 427 00:20:37,280 --> 00:20:39,840 Speaker 13: had to ask our provide her to turn that function off. 428 00:20:40,000 --> 00:20:42,520 Speaker 2: Okay, Meurbin, appreciate your insight very much, Murburn Chitty, I 429 00:20:42,640 --> 00:20:46,200 Speaker 2: enjoyed that way more than ours, anticipating as I as 430 00:20:46,240 --> 00:20:50,240 Speaker 2: I started that interview on bloody excuse anyway, how about 431 00:20:50,280 --> 00:20:53,800 Speaker 2: be May out of Singapore straight to the police. Eighteen 432 00:20:53,840 --> 00:20:57,600 Speaker 2: minutes away from seven quickly? Which special council has gone 433 00:20:57,640 --> 00:20:59,600 Speaker 2: back to court? This is Trump, this is Florida. This 434 00:20:59,680 --> 00:21:03,240 Speaker 2: is all the paperwork in the toilet. So the judge 435 00:21:03,560 --> 00:21:05,480 Speaker 2: didn't dismiss it. They sort of put it on whold, 436 00:21:05,480 --> 00:21:08,200 Speaker 2: come on it forever and that sort of sold Trump's problem. 437 00:21:08,920 --> 00:21:11,800 Speaker 2: But the US Department of Justice Special Council, that's old Jacksmith. 438 00:21:11,800 --> 00:21:14,200 Speaker 2: He's gone back again. Hold on, we'll need to we'll 439 00:21:14,200 --> 00:21:15,760 Speaker 2: need to have another look at that. So that's where 440 00:21:15,760 --> 00:21:18,600 Speaker 2: that is currently in Florida Court seventeen too. 441 00:21:19,680 --> 00:21:24,320 Speaker 1: The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered 442 00:21:24,320 --> 00:21:25,080 Speaker 1: by News Talks. 443 00:21:25,080 --> 00:21:28,440 Speaker 2: It be Mike Melbourne bandal Ev Scooters a couple of 444 00:21:28,480 --> 00:21:30,440 Speaker 2: weeks ago when I was in Australian New Zealand needs 445 00:21:30,480 --> 00:21:32,760 Speaker 2: to do the same. Morning might be Oasis to as 446 00:21:32,760 --> 00:21:35,240 Speaker 2: a money grab, with each brother potentially making fifty million 447 00:21:35,320 --> 00:21:37,320 Speaker 2: quid odds on the completion of the two a day 448 00:21:37,359 --> 00:21:39,840 Speaker 2: to Slim. The recent Blue Reunion ended badly, as did 449 00:21:39,880 --> 00:21:42,120 Speaker 2: the Stone Roses Tour, which ended shortly after it began. 450 00:21:42,280 --> 00:21:46,119 Speaker 2: Chimes Rings Sunday Morn one of the great songs of 451 00:21:46,160 --> 00:21:47,480 Speaker 2: all time fourteen to seven. 452 00:21:47,720 --> 00:21:51,639 Speaker 11: International correspondence with ends and eye insurance, Peace of mind 453 00:21:51,680 --> 00:21:53,080 Speaker 11: for New Zealand Business. 454 00:21:52,840 --> 00:21:55,920 Speaker 2: Today the day She's sworn, And so it goes Richard Arnold, 455 00:21:55,960 --> 00:21:58,800 Speaker 2: how are you? I'm welcome make Apple. What have they 456 00:21:58,800 --> 00:21:59,320 Speaker 2: got for us? 457 00:22:00,000 --> 00:22:01,960 Speaker 15: Well, we'll find out fully on September, the tenth of 458 00:22:01,960 --> 00:22:04,600 Speaker 15: your time, when Apple is going to roll out what 459 00:22:04,680 --> 00:22:10,080 Speaker 15: they are calling, quote the first generative aiphone. Well we 460 00:22:10,160 --> 00:22:12,760 Speaker 15: know that. Back in June, Apple unveiled a partnership with 461 00:22:12,840 --> 00:22:16,400 Speaker 15: Chad GPTV, creators of Open AI. So Apple says new 462 00:22:16,440 --> 00:22:19,399 Speaker 15: tools will be built into the iPhone sixteen models with 463 00:22:19,480 --> 00:22:22,840 Speaker 15: the help of the AI developers. Already we have some 464 00:22:22,960 --> 00:22:25,399 Speaker 15: clue as to what is expected. For one, there's going 465 00:22:25,440 --> 00:22:28,280 Speaker 15: to be a significantly smarter Siri, which is able to 466 00:22:28,359 --> 00:22:31,160 Speaker 15: engage in more detailed conversations just you and your phone 467 00:22:31,640 --> 00:22:34,080 Speaker 15: in private there where Siri will be able to locate 468 00:22:34,080 --> 00:22:36,680 Speaker 15: photos you're looking for and answer questions about your daily 469 00:22:36,720 --> 00:22:40,000 Speaker 15: schedule and layout drafts of potential emails you might want 470 00:22:40,000 --> 00:22:43,280 Speaker 15: to send. So kind of personal AI assistant. But how 471 00:22:43,320 --> 00:22:46,119 Speaker 15: sophisticated will it be by mid September or will the 472 00:22:46,200 --> 00:22:48,800 Speaker 15: relationship with Siri only grow over. 473 00:22:49,040 --> 00:22:49,800 Speaker 13: Number of years. 474 00:22:50,160 --> 00:22:52,760 Speaker 15: The new iPhone also will be able to generate new 475 00:22:52,800 --> 00:22:57,120 Speaker 15: personalized emojis. Is there a demand for that? I'm often 476 00:22:57,119 --> 00:22:57,840 Speaker 15: wrong about. 477 00:22:57,600 --> 00:22:58,280 Speaker 2: These text things. 478 00:22:58,280 --> 00:23:01,560 Speaker 15: But there is also a new processing chip will be 479 00:23:01,640 --> 00:23:03,560 Speaker 15: a part of this to make things faster and faster, 480 00:23:03,600 --> 00:23:06,760 Speaker 15: a chip called the A eighteen Pro. So we'll see 481 00:23:06,800 --> 00:23:09,160 Speaker 15: what this thing can do. The iPhone camera as well, 482 00:23:09,320 --> 00:23:11,880 Speaker 15: it's going to get some new AI abilities. It will 483 00:23:11,920 --> 00:23:14,760 Speaker 15: have an enhanced zoom. It will have a virtual three 484 00:23:14,840 --> 00:23:17,960 Speaker 15: hundred millimeters zoom capability, so that means you can do 485 00:23:18,040 --> 00:23:20,600 Speaker 15: with your phone what in the past has required long 486 00:23:20,960 --> 00:23:23,679 Speaker 15: expensive lenses. You'll be able to zoom in on the 487 00:23:23,760 --> 00:23:28,080 Speaker 15: smallest details you can barec with human eyesight. The AI 488 00:23:28,240 --> 00:23:31,240 Speaker 15: also will be able to clear up images to improve clarity. 489 00:23:31,320 --> 00:23:34,840 Speaker 15: So this means there will be enhanced photo processing built in. 490 00:23:35,200 --> 00:23:38,080 Speaker 15: So will this be a game changer? Apple's iPhone sales 491 00:23:38,160 --> 00:23:42,119 Speaker 15: have been slumping, say in China, due to growing competition 492 00:23:42,200 --> 00:23:45,760 Speaker 15: and some troubling economic conditions. As for the cost of 493 00:23:46,040 --> 00:23:50,400 Speaker 15: iPhone sixteen's family, that's going to increase as well. Currently, 494 00:23:50,400 --> 00:23:53,080 Speaker 15: the base model of the iPhone fifteen on the American 495 00:23:53,119 --> 00:23:55,479 Speaker 15: market is about half of what it is there. It's 496 00:23:55,480 --> 00:23:58,040 Speaker 15: about nine hundred and ninety nine US dollars. This new 497 00:23:58,080 --> 00:24:00,360 Speaker 15: phone is expected to see a price increase of maybe 498 00:24:00,480 --> 00:24:03,280 Speaker 15: hundred to one hundred and fifty dollars US, with availability 499 00:24:03,280 --> 00:24:06,280 Speaker 15: about ten days after the Apple launch. 500 00:24:06,440 --> 00:24:09,600 Speaker 2: Okay, RFK, Miss Gabbart a couple of jobs. 501 00:24:09,320 --> 00:24:12,760 Speaker 15: There, Yeah, call this the political party shuffle. Trump was 502 00:24:12,800 --> 00:24:14,879 Speaker 15: planning to put a couple of former Dems onto his 503 00:24:14,960 --> 00:24:19,560 Speaker 15: transition team if he needs a transition team. So he's 504 00:24:19,640 --> 00:24:23,560 Speaker 15: named RFK and Tulsey Gabbett as honorary coach chairs. Who 505 00:24:23,600 --> 00:24:26,159 Speaker 15: knows what that means? In reality, Trump, of course, typically 506 00:24:26,240 --> 00:24:29,080 Speaker 15: runs the show himself, and former assistants have had a 507 00:24:29,560 --> 00:24:33,440 Speaker 15: shall we say, short or troubled lifespan. Think Anthony Scaramucci, 508 00:24:33,560 --> 00:24:36,120 Speaker 15: Chris Christy, by Pence, We. 509 00:24:36,080 --> 00:24:36,920 Speaker 12: Could go on. 510 00:24:36,920 --> 00:24:39,679 Speaker 15: On the Democratic side, more than two hundred former Republican 511 00:24:39,800 --> 00:24:42,680 Speaker 15: staffers for Bush, Romney, and even the late Senator John 512 00:24:42,760 --> 00:24:45,320 Speaker 15: McCain have just signed on to a letter supporting Harris. 513 00:24:45,960 --> 00:24:49,080 Speaker 15: We saw several Republicans speak at the Democratic Convention in 514 00:24:49,160 --> 00:24:52,240 Speaker 15: Chicago the other day, of course, including Adam Kinsinger, the 515 00:24:52,280 --> 00:24:55,800 Speaker 15: former Republican congressman. Meantime, there's been a deal of discussion 516 00:24:55,800 --> 00:24:58,840 Speaker 15: here don't ask me why, over the Harris Trump debates 517 00:24:58,840 --> 00:25:01,400 Speaker 15: set for September the tenth as well. The Harris team 518 00:25:02,520 --> 00:25:05,119 Speaker 15: says they want to change the debate rules so that 519 00:25:05,200 --> 00:25:09,040 Speaker 15: Mike's will be left open, left on during the entire debate, 520 00:25:09,080 --> 00:25:12,240 Speaker 15: instead of being muted as they were the last go around. Kamala. 521 00:25:12,280 --> 00:25:15,000 Speaker 15: Harris supporters suggest they wanted to be able to fact 522 00:25:15,080 --> 00:25:18,399 Speaker 15: check Trump instantly, and they speculate that if Harris provokes 523 00:25:18,440 --> 00:25:22,720 Speaker 15: Trump enough, he might let loose in some way. Trump 524 00:25:22,800 --> 00:25:25,560 Speaker 15: has been publicly dithering about whether he will debate on 525 00:25:25,640 --> 00:25:27,160 Speaker 15: American ABC at all. 526 00:25:27,240 --> 00:25:29,720 Speaker 2: He says, it's the worst of all that work. When 527 00:25:29,720 --> 00:25:31,160 Speaker 2: I looked at the hostility of. 528 00:25:31,119 --> 00:25:32,320 Speaker 1: That, I said, why am I doing it? 529 00:25:32,480 --> 00:25:33,719 Speaker 2: Let's do it with another network. 530 00:25:33,760 --> 00:25:34,479 Speaker 10: I want to do it. 531 00:25:34,600 --> 00:25:35,919 Speaker 12: So we're thinking about it. 532 00:25:36,000 --> 00:25:38,280 Speaker 6: We're thinking about it. They also want to change the rules, 533 00:25:38,280 --> 00:25:39,960 Speaker 6: you know, they dealer as we're keeping the said Rose 534 00:25:40,000 --> 00:25:40,600 Speaker 6: dow say. 535 00:25:40,600 --> 00:25:43,399 Speaker 10: They want to make a change in the rules because. 536 00:25:43,160 --> 00:25:46,720 Speaker 15: She can't answer questions that debate all wait, but because 537 00:25:46,760 --> 00:25:47,840 Speaker 15: they already know everything. 538 00:25:48,440 --> 00:25:51,000 Speaker 13: They say, Oh, Trumps, you know, I'm not doing the debate. 539 00:25:51,040 --> 00:25:52,639 Speaker 10: That's the same things they say now. 540 00:25:52,800 --> 00:25:54,439 Speaker 4: I mean, right now, I said, why should I do 541 00:25:54,440 --> 00:25:55,720 Speaker 4: a debate? I'm leading in the polls. 542 00:25:55,920 --> 00:25:57,959 Speaker 15: Is he leaving in the polls anyway? Yes, those are 543 00:25:58,080 --> 00:26:01,160 Speaker 15: chickens the year in the background, and I'm with the chickens. 544 00:26:02,000 --> 00:26:06,320 Speaker 15: This seems like political leftovers. You'd think the EUSt too 545 00:26:06,320 --> 00:26:08,960 Speaker 15: nominees will be compelled to debate. 546 00:26:08,720 --> 00:26:10,520 Speaker 2: Right, I might see in a couple of days. Appreciate it. 547 00:26:10,560 --> 00:26:12,600 Speaker 2: She is also under pressure, of course, Couse she hasn't 548 00:26:12,600 --> 00:26:14,760 Speaker 2: done a sit down interview in thirty seven days, and 549 00:26:14,800 --> 00:26:16,720 Speaker 2: some people are counting that. So tomorrow will be thirty 550 00:26:16,760 --> 00:26:19,320 Speaker 2: eight they claim they've got something sorted and it'll be 551 00:26:19,320 --> 00:26:21,880 Speaker 2: done before allegedly the end of the month, turn away 552 00:26:21,880 --> 00:26:22,639 Speaker 2: from seven. 553 00:26:23,520 --> 00:26:28,080 Speaker 1: The Mike hosting Breakfast with a Vida, Retirement Communities, New Dogs. 554 00:26:28,080 --> 00:26:31,159 Speaker 2: Be Jeremy Clarkson on social media overnight with a photo 555 00:26:31,240 --> 00:26:33,399 Speaker 2: with Andy Willman. Who's Andy Wilman. He's the producer of 556 00:26:33,400 --> 00:26:35,320 Speaker 2: the show, who is producer of top Gear, producer of 557 00:26:35,359 --> 00:26:39,520 Speaker 2: Grand Tour, producer of Clarkson's Farm. The Dogs pleaded with 558 00:26:39,600 --> 00:26:42,679 Speaker 2: Andy Willman to be in season five is what Clarkson 559 00:26:42,760 --> 00:26:46,320 Speaker 2: wright season five being season five with Clarkson's Farm. Threes 560 00:26:46,480 --> 00:26:50,520 Speaker 2: just dropped. Fall's been filmed so five it could go forever, 561 00:26:50,560 --> 00:26:53,760 Speaker 2: so people are excited about that. Overnight. Notting Hill Carnival 562 00:26:54,040 --> 00:26:56,000 Speaker 2: has just wrapped up. They had a long weekend in Britain. 563 00:26:56,480 --> 00:26:58,359 Speaker 2: I know this because our son lives on the route 564 00:26:58,400 --> 00:27:00,000 Speaker 2: to the notting Hill Carnibal and a lot of stuff 565 00:27:00,040 --> 00:27:01,720 Speaker 2: it's boarded up in that particular part of the world 566 00:27:01,720 --> 00:27:03,560 Speaker 2: because it's a family day and family days in Britain 567 00:27:03,560 --> 00:27:06,199 Speaker 2: are really cool. That's where they roll out lots of 568 00:27:06,200 --> 00:27:09,120 Speaker 2: police and they bought up the shops because things get 569 00:27:09,160 --> 00:27:12,040 Speaker 2: slightly out of control on family days. Fourth person's been 570 00:27:12,080 --> 00:27:16,560 Speaker 2: stabbed this year. What can I tell you about the 571 00:27:16,640 --> 00:27:20,080 Speaker 2: arrest Sixteen people held for assaulting emergency workers, for for 572 00:27:20,160 --> 00:27:24,040 Speaker 2: sexual offenses, one for a firearm good family day out. 573 00:27:24,640 --> 00:27:28,919 Speaker 2: Thousands of officers deployed seize forty one weapons. One of 574 00:27:28,920 --> 00:27:31,240 Speaker 2: the people arrested was a man wanted for attempted murder. 575 00:27:32,520 --> 00:27:36,600 Speaker 2: The Met Police Deputy Assistant Commissioner aide Alakin said the 576 00:27:36,640 --> 00:27:38,439 Speaker 2: carnival was supposed to be a family day but was 577 00:27:38,440 --> 00:27:39,960 Speaker 2: marred by unacceptable barness. 578 00:27:40,320 --> 00:27:42,200 Speaker 6: It sounds like there was quite a range of activities 579 00:27:42,200 --> 00:27:44,000 Speaker 6: and it would have been fun for the entire family. 580 00:27:44,200 --> 00:27:46,520 Speaker 2: Cool place, Britain, five minutes away from seven. 581 00:27:47,680 --> 00:27:51,360 Speaker 1: The ins and the outs. It's the bizz with business 582 00:27:51,400 --> 00:27:54,359 Speaker 1: fiber and take your business productivity to the next level. 583 00:27:54,440 --> 00:27:56,399 Speaker 2: The insight into how SME is a feeling about our 584 00:27:56,400 --> 00:27:58,560 Speaker 2: government this morning. Confidence is growing, that's the good news. 585 00:27:58,600 --> 00:28:01,679 Speaker 2: The general theme mains no shortage of work to do. 586 00:28:01,760 --> 00:28:05,400 Speaker 2: This is the NYOB survey. More than five hundred SMEs 587 00:28:05,640 --> 00:28:08,440 Speaker 2: smeeze government gets a median score of six out of ten. 588 00:28:08,560 --> 00:28:13,080 Speaker 2: Thirty nine percent of neither satisfied nor dissatisfied. Thirty four 589 00:28:13,119 --> 00:28:17,280 Speaker 2: percent are satisfied twenty seven percent of dissatisfied. Main positive 590 00:28:17,320 --> 00:28:19,280 Speaker 2: for the government is the overwhelming support for the cutting 591 00:28:19,320 --> 00:28:21,919 Speaker 2: of the red tape and regulation. They still appear unsure 592 00:28:21,960 --> 00:28:23,680 Speaker 2: to the Smeeze of how the coalition is going to 593 00:28:23,720 --> 00:28:26,560 Speaker 2: help them. Forty six percent of respondents are unclear on 594 00:28:26,600 --> 00:28:29,000 Speaker 2: the strategy to help grow business. That compares with forty 595 00:28:29,040 --> 00:28:33,320 Speaker 2: one percent who are issues facing Smeeths not change overhead cost, 596 00:28:33,400 --> 00:28:36,480 Speaker 2: fuel prices, high interest rays, falling revenue the main problems 597 00:28:36,560 --> 00:28:39,320 Speaker 2: and in terms of preferred Prime Minister Chris Luxen forty 598 00:28:39,320 --> 00:28:42,920 Speaker 2: five percent, Chris Hipkins twenty one, David Seymour and closed 599 00:28:42,960 --> 00:28:46,200 Speaker 2: Warbricks six. Winston Peters is on five. So that's your run. 600 00:28:46,200 --> 00:28:47,760 Speaker 2: That's your view of what's going on as far as 601 00:28:47,760 --> 00:28:50,240 Speaker 2: the s Smeeths are concerned. Right, so here's your problem 602 00:28:50,240 --> 00:28:54,200 Speaker 2: with the oil and gas. The ban is being lifted. 603 00:28:54,320 --> 00:28:56,560 Speaker 2: You can go and explore. This is good. We need 604 00:28:56,600 --> 00:28:58,160 Speaker 2: to go find some oil and we need to go 605 00:28:58,200 --> 00:29:00,240 Speaker 2: find some gas because you might not have noticed the 606 00:29:00,280 --> 00:29:01,840 Speaker 2: reign of the South Actually I'll top you up on 607 00:29:01,880 --> 00:29:04,240 Speaker 2: that along with the lakes. But a little bit of 608 00:29:04,320 --> 00:29:06,480 Speaker 2: rain in the South Island's help matters, but right now 609 00:29:06,520 --> 00:29:09,000 Speaker 2: we simply don't supply enough of what we need in 610 00:29:09,000 --> 00:29:12,719 Speaker 2: this country. Labor being as helpful as ever, have come 611 00:29:12,760 --> 00:29:14,520 Speaker 2: out and said if and when we get re elected 612 00:29:14,800 --> 00:29:16,959 Speaker 2: to government, we will then ban it again. So if 613 00:29:17,000 --> 00:29:19,280 Speaker 2: you're one of those international operators who goes, shall I 614 00:29:19,320 --> 00:29:22,280 Speaker 2: invest in New Zealand or shall I not? None of 615 00:29:22,280 --> 00:29:25,080 Speaker 2: this helped, so we'll look at our international reputation. Also, 616 00:29:25,120 --> 00:29:27,040 Speaker 2: some very good news around housing. Beans that have had 617 00:29:27,040 --> 00:29:28,520 Speaker 2: a look at what's going on in the housing market 618 00:29:28,520 --> 00:29:29,880 Speaker 2: and they're seeing what I'm seeing at the moment. There's 619 00:29:29,880 --> 00:29:32,600 Speaker 2: a little bit of life there, there's the sniff of 620 00:29:32,800 --> 00:29:36,360 Speaker 2: optimism in the air, and they think so it's a 621 00:29:36,360 --> 00:29:39,040 Speaker 2: survival twenty five thing. A lot of listings about the 622 00:29:39,040 --> 00:29:41,000 Speaker 2: place at the moment, so the increasing demand at the 623 00:29:41,040 --> 00:29:44,640 Speaker 2: moment will mop up the increased listings. Then we go 624 00:29:44,960 --> 00:29:48,720 Speaker 2: in twenty twenty five. They're picking seven percent next year, 625 00:29:48,720 --> 00:29:50,680 Speaker 2: which is getting back to normal. All of this is good, 626 00:29:50,720 --> 00:29:53,520 Speaker 2: so we'll look at this as well after the news, which. 627 00:29:53,320 --> 00:29:57,800 Speaker 1: Is next the breakfast show. You can trust the mic 628 00:29:57,880 --> 00:30:02,440 Speaker 1: Hosking Breakfast with the range the Villa designed to intrigue 629 00:30:02,480 --> 00:30:04,160 Speaker 1: and use togs. 630 00:30:03,840 --> 00:30:05,720 Speaker 2: Seven past seven to on the oil and gas debate, 631 00:30:05,920 --> 00:30:07,960 Speaker 2: Labours announced that if and when they return to power, 632 00:30:07,960 --> 00:30:09,760 Speaker 2: they will reimpose the oil and gas band. So what 633 00:30:09,800 --> 00:30:12,560 Speaker 2: sort of message does that send a potential license operators. 634 00:30:12,640 --> 00:30:14,560 Speaker 12: We're opposed to the removal of the band on new 635 00:30:14,600 --> 00:30:18,040 Speaker 12: oil and Guess expiration off sure when we would reinstate 636 00:30:18,080 --> 00:30:18,520 Speaker 12: be again. 637 00:30:18,640 --> 00:30:21,120 Speaker 2: So the CEO of Echelon Resources formerly New Zealand Oil 638 00:30:21,120 --> 00:30:23,000 Speaker 2: and Guess, Andrew Jefferies, is with us on This's Andrew 639 00:30:23,040 --> 00:30:23,560 Speaker 2: Morning to you. 640 00:30:24,640 --> 00:30:25,239 Speaker 10: Good morning Mike. 641 00:30:25,560 --> 00:30:28,600 Speaker 2: Mixed messages and does that hurt our reputation internationally? 642 00:30:30,560 --> 00:30:34,080 Speaker 14: Look, I think the obviously the message there from the 643 00:30:34,160 --> 00:30:39,120 Speaker 14: Labor Party wasn't particularly mixed. I think there I think 644 00:30:39,160 --> 00:30:44,400 Speaker 14: it's an enormous shot in the foot for the country 645 00:30:44,840 --> 00:30:49,600 Speaker 14: because I think it will affect our international reputation. You 646 00:30:49,680 --> 00:30:53,360 Speaker 14: can't legislate the laws of physics, and if you're going 647 00:30:53,360 --> 00:30:58,000 Speaker 14: to have a mainly renewable power system, you really need 648 00:30:58,040 --> 00:31:02,080 Speaker 14: to have secure backup and gas can provide that backup. 649 00:31:03,480 --> 00:31:06,440 Speaker 14: So locally, gas can provide the backup for us, and 650 00:31:06,720 --> 00:31:11,360 Speaker 14: you know it can be our gas developed from our fields. 651 00:31:11,960 --> 00:31:14,800 Speaker 14: It doesn't affect our balance of payments in a negative 652 00:31:14,800 --> 00:31:21,440 Speaker 14: way provides jobs, it provides taxes, provides us with security. 653 00:31:21,800 --> 00:31:25,520 Speaker 14: So you know, in low cost cost energy, you can 654 00:31:25,560 --> 00:31:28,040 Speaker 14: import that energy from overseas, but then you're giving away 655 00:31:28,080 --> 00:31:30,240 Speaker 14: the jobs. We've got to find the money to pay 656 00:31:30,280 --> 00:31:34,480 Speaker 14: for the pay for the energy, and you're not raising 657 00:31:34,480 --> 00:31:37,480 Speaker 14: the taxes likely, so you're going to force down the 658 00:31:38,320 --> 00:31:39,880 Speaker 14: standard of living for the country. 659 00:31:40,200 --> 00:31:43,480 Speaker 2: I noticed a twang of Australian there, Andrew, how is 660 00:31:43,520 --> 00:31:45,720 Speaker 2: it if you can explain to me, the labor government 661 00:31:45,760 --> 00:31:48,760 Speaker 2: of Australia gets it. The labor government or labor opposition 662 00:31:48,800 --> 00:31:49,720 Speaker 2: to New Zealand does not. 663 00:31:51,480 --> 00:31:55,000 Speaker 14: Look I think I'm a engineered by background, Mike. So 664 00:31:55,720 --> 00:31:59,840 Speaker 14: I think this is going into the realms of psychology 665 00:32:00,160 --> 00:32:04,479 Speaker 14: than engineering, because look, the labor government in Australia is 666 00:32:04,520 --> 00:32:10,760 Speaker 14: representing it's it's the people who vote for it, which 667 00:32:10,800 --> 00:32:17,360 Speaker 14: are generally folks who want to have jobs, and they 668 00:32:17,400 --> 00:32:20,600 Speaker 14: are they and so they get it. Look, Australia is 669 00:32:21,320 --> 00:32:26,120 Speaker 14: six yips in coal. It definitely needs a transition and 670 00:32:26,520 --> 00:32:28,400 Speaker 14: gas is the only means to do it. So the 671 00:32:28,440 --> 00:32:31,880 Speaker 14: world's largest battery, which is in Adelaide, looks South. Australia 672 00:32:31,880 --> 00:32:35,840 Speaker 14: has done a great job of becoming renewable, but it 673 00:32:35,960 --> 00:32:40,240 Speaker 14: relies on electrons that are piped in from other states 674 00:32:40,680 --> 00:32:45,040 Speaker 14: from coal fire power stations to provide security. And it's 675 00:32:45,040 --> 00:32:48,120 Speaker 14: also got a very large battery. That very large battery 676 00:32:48,160 --> 00:32:52,320 Speaker 14: can hold Adelaide for about seven minutes, so you know 677 00:32:52,400 --> 00:32:55,040 Speaker 14: these are battery technology has not got to the point 678 00:32:56,120 --> 00:32:59,200 Speaker 14: where it can hold a grid for a long period 679 00:32:59,200 --> 00:32:59,600 Speaker 14: of time. 680 00:33:00,520 --> 00:33:04,040 Speaker 2: So here's here's the problem up up until the crisis 681 00:33:04,040 --> 00:33:06,320 Speaker 2: we're facing at the moment in this country. You can 682 00:33:06,400 --> 00:33:07,960 Speaker 2: run theory until you blue in the face, and the 683 00:33:08,040 --> 00:33:11,360 Speaker 2: Labor Party did. But when mills are closing and jobs 684 00:33:11,400 --> 00:33:15,520 Speaker 2: are being lost because we literally cannot afford power, the 685 00:33:15,560 --> 00:33:20,000 Speaker 2: system doesn't work. I mean, it's that simple, isn't it. 686 00:33:19,600 --> 00:33:25,000 Speaker 14: It really that simple. You know, you need cheap energy 687 00:33:25,200 --> 00:33:29,360 Speaker 14: is at the root of our whole way of life. 688 00:33:30,800 --> 00:33:33,360 Speaker 14: There's just no way around it. We need that energy 689 00:33:33,560 --> 00:33:38,240 Speaker 14: for you know, for cooking, for cleaning, for running electric 690 00:33:38,280 --> 00:33:42,400 Speaker 14: motors and factories, and you need when you build a factory, 691 00:33:42,560 --> 00:33:45,440 Speaker 14: you not only need reasonably priced energy so that you 692 00:33:45,440 --> 00:33:48,200 Speaker 14: can run your electric motors, but you also need to 693 00:33:48,240 --> 00:33:51,000 Speaker 14: know that it's going to be there when when you 694 00:33:51,600 --> 00:33:54,480 Speaker 14: turn the on switch, so you have to have that 695 00:33:55,440 --> 00:33:59,960 Speaker 14: liability around your basic energy supply, and there's just nowhere 696 00:34:00,000 --> 00:34:02,320 Speaker 14: around it. As I say, you can't legislate around the 697 00:34:02,360 --> 00:34:03,200 Speaker 14: laws of physics. 698 00:34:03,360 --> 00:34:05,880 Speaker 2: Exactly. Good on Andrew, appreciated very much. Andrew Jeffries, who's 699 00:34:05,880 --> 00:34:08,640 Speaker 2: Echelon Resources CEO, over us this morning. It's eleven minutes 700 00:34:08,680 --> 00:34:11,759 Speaker 2: past seven. Rain in the South Island, of course, so 701 00:34:11,880 --> 00:34:14,960 Speaker 2: Meridians need for hydro generation from Wayataki that's been reduced 702 00:34:14,960 --> 00:34:18,120 Speaker 2: a bit. Storage at Poohkhaki that's up. Rain and shars 703 00:34:18,200 --> 00:34:21,520 Speaker 2: forecast for much of the week and next week at 704 00:34:21,600 --> 00:34:25,000 Speaker 2: Mount Cook and Techapo good Fjordland Manipuri. Storage that's now 705 00:34:25,000 --> 00:34:27,799 Speaker 2: above average for the first time since June. A lot 706 00:34:27,840 --> 00:34:30,239 Speaker 2: of wind too. That's allowed Meridians six wind farms to 707 00:34:30,280 --> 00:34:32,840 Speaker 2: produce daily totals of nine gigs more than they have 708 00:34:32,960 --> 00:34:36,160 Speaker 2: been over the last week. So hopefully things are starting 709 00:34:36,200 --> 00:34:37,920 Speaker 2: to come right. So other matter has got some good 710 00:34:37,960 --> 00:34:39,480 Speaker 2: news on housing if you want it from ben Z 711 00:34:39,600 --> 00:34:42,080 Speaker 2: next year we'll see some serious growth and prices they're 712 00:34:42,080 --> 00:34:44,319 Speaker 2: calling seven percent. The B and Z chief economist Mike 713 00:34:44,360 --> 00:34:45,760 Speaker 2: Jones is with us on this Mike Morning. 714 00:34:45,800 --> 00:34:45,920 Speaker 7: To you. 715 00:34:47,200 --> 00:34:49,880 Speaker 2: It's way Mike, with what level of confidence. Do you 716 00:34:50,000 --> 00:34:50,440 Speaker 2: say this. 717 00:34:53,160 --> 00:34:57,280 Speaker 16: Look about the average level of confidence, which is low 718 00:34:57,400 --> 00:35:01,000 Speaker 16: in terms of the pinpoint number it sounds from. Forecasting 719 00:35:01,040 --> 00:35:03,960 Speaker 16: house prices as twelve or twelve months or longer in 720 00:35:04,000 --> 00:35:07,200 Speaker 16: advance is always a tough ass. I think what we're 721 00:35:07,200 --> 00:35:10,160 Speaker 16: talking about, though, is just factoring in the change and 722 00:35:10,239 --> 00:35:13,640 Speaker 16: fundamentals that we're seeing, which are lower mortgage rates, and 723 00:35:13,719 --> 00:35:16,520 Speaker 16: matching those up against what is a pretty dismal set 724 00:35:16,560 --> 00:35:18,759 Speaker 16: of other fundamentals when it comes to things like the 725 00:35:18,840 --> 00:35:21,640 Speaker 16: economy and the paper market. So you put all those 726 00:35:21,640 --> 00:35:24,200 Speaker 16: things together to next year where we are starting the 727 00:35:24,239 --> 00:35:29,480 Speaker 16: factor in an upturn in house prices. Nothing too spectacular. 728 00:35:29,480 --> 00:35:32,640 Speaker 16: It's pretty much just an average sort of number when 729 00:35:32,680 --> 00:35:35,040 Speaker 16: you think about house price increases in New Zealand over 730 00:35:35,040 --> 00:35:36,200 Speaker 16: the past few. 731 00:35:36,120 --> 00:35:38,640 Speaker 2: Decades, although seven percent a lot better than what we've had. 732 00:35:38,680 --> 00:35:41,799 Speaker 2: Do you see any real reaction to the one ocr 733 00:35:41,960 --> 00:35:43,960 Speaker 2: cut or are we needing to see two, three or 734 00:35:44,000 --> 00:35:46,160 Speaker 2: four before we're guns are blazing. 735 00:35:47,320 --> 00:35:51,280 Speaker 16: We haven't really seen anything hard or any hard evidence 736 00:35:51,360 --> 00:35:54,520 Speaker 16: so far. Certainly some sine anecdote and some speculation and 737 00:35:55,160 --> 00:35:58,200 Speaker 16: perhaps a bit more confidence on the part of buyers 738 00:35:58,200 --> 00:36:00,719 Speaker 16: as you might expect, But we have seen really that 739 00:36:00,800 --> 00:36:03,440 Speaker 16: come through in the numbers just yet, and lot our 740 00:36:03,480 --> 00:36:06,520 Speaker 16: expectation for this year is that housing market stayed more 741 00:36:06,600 --> 00:36:08,239 Speaker 16: or less in the same position that it's been for 742 00:36:08,280 --> 00:36:10,719 Speaker 16: the past couple of years, which is not really going 743 00:36:10,760 --> 00:36:11,520 Speaker 16: anywhere fast. 744 00:36:11,920 --> 00:36:15,440 Speaker 2: Okay, supply side on construction, so if we start buying houses, 745 00:36:15,480 --> 00:36:17,400 Speaker 2: start getting a bit of a fizzle on the builders 746 00:36:17,400 --> 00:36:18,400 Speaker 2: start swinging hammers. 747 00:36:19,680 --> 00:36:23,120 Speaker 16: Yeah, Look, I would expect that impact to come through eventually. 748 00:36:23,280 --> 00:36:26,160 Speaker 16: It's going to take some time, Certainly. All the anecdote 749 00:36:26,200 --> 00:36:28,680 Speaker 16: feed that we get and the numbers as well say, 750 00:36:29,320 --> 00:36:31,799 Speaker 16: at the moment it's just the numbers don't add up 751 00:36:31,920 --> 00:36:35,719 Speaker 16: for construction and the cash flow impacts are too great, 752 00:36:35,800 --> 00:36:37,560 Speaker 16: and so I think it's going to take some time. 753 00:36:37,600 --> 00:36:39,360 Speaker 16: It's going to take the housing market to turn and 754 00:36:39,360 --> 00:36:41,680 Speaker 16: just rates to come down further before we start to 755 00:36:41,719 --> 00:36:45,520 Speaker 16: see that feed through onto the supply side and construction activity. 756 00:36:45,640 --> 00:36:48,080 Speaker 2: Good stuff, Mike, appreciate your expertise, Mike Jones, Ben said 757 00:36:48,120 --> 00:36:52,759 Speaker 2: cheap Economist, How funny was Andrew Jeffies Australian Labor Party 758 00:36:52,840 --> 00:36:54,640 Speaker 2: tend to be supported in both for by people who 759 00:36:54,719 --> 00:36:59,440 Speaker 2: like jobs. Jinny Anderson's got a hard road to Hoe 760 00:36:59,480 --> 00:37:01,480 Speaker 2: after can tell you that fourteen past. 761 00:37:02,719 --> 00:37:07,120 Speaker 1: The Like Asking Breakfast Full Show podcast on iHeartRadio powered 762 00:37:07,160 --> 00:37:08,160 Speaker 1: by News Talks at be. 763 00:37:08,760 --> 00:37:11,320 Speaker 2: Shake up and the aviation industry, both from the CIA's 764 00:37:11,320 --> 00:37:13,520 Speaker 2: point of view and airlines point of view, Prices on 765 00:37:13,640 --> 00:37:16,520 Speaker 2: time off, time, cancel flights, all that stuff was announced yesterday. 766 00:37:16,560 --> 00:37:18,080 Speaker 2: So we'll get some detail for you after seven to 767 00:37:18,080 --> 00:37:20,840 Speaker 2: thirty meantime at seventeen past amid the chaos and catastrophe 768 00:37:20,880 --> 00:37:24,279 Speaker 2: of this dreadful rummer rummer triple fatal crash that we're 769 00:37:24,280 --> 00:37:28,680 Speaker 2: finding out that witnesses are filming and streaming the wreckage. 770 00:37:28,960 --> 00:37:30,040 Speaker 2: I thought that was disgusting. 771 00:37:30,200 --> 00:37:32,400 Speaker 3: There were close ups with people to cease in the 772 00:37:32,480 --> 00:37:34,440 Speaker 3: van and injured long on the road, and I say to. 773 00:37:34,440 --> 00:37:36,359 Speaker 10: The people that are filming there, how did you feel 774 00:37:36,360 --> 00:37:37,120 Speaker 10: if that was your family? 775 00:37:37,280 --> 00:37:39,040 Speaker 2: A good question. That's the police, of course. So what's 776 00:37:39,040 --> 00:37:41,719 Speaker 2: the say about us? Clinical psychologist Google Sutherlands where this's 777 00:37:41,719 --> 00:37:42,600 Speaker 2: Gogle morning to you. 778 00:37:43,600 --> 00:37:44,440 Speaker 4: Yeah, good morning, Mike. 779 00:37:44,600 --> 00:37:46,880 Speaker 2: What's the say about us in very general terms? Or 780 00:37:46,920 --> 00:37:48,600 Speaker 2: is it just a small group of us that would 781 00:37:48,680 --> 00:37:52,360 Speaker 2: I mean, I find it abhorrent, weird, unusual, nutty, strange. 782 00:37:52,840 --> 00:37:54,120 Speaker 2: Is that for most of us or what. 783 00:37:55,920 --> 00:38:00,279 Speaker 4: Look, I think there's a strong human interest in death 784 00:38:00,360 --> 00:38:04,120 Speaker 4: and sex, and if you go back historically, people were 785 00:38:04,160 --> 00:38:08,759 Speaker 4: always into looking for things like public execution. So I 786 00:38:08,800 --> 00:38:11,680 Speaker 4: think there's a human, innate human interest in death. But 787 00:38:11,960 --> 00:38:14,880 Speaker 4: I think what we see in this situation is this 788 00:38:15,080 --> 00:38:20,120 Speaker 4: real gratuitous use of cell phones and social media to 789 00:38:20,680 --> 00:38:23,440 Speaker 4: broadcast that further. So I think you've got that innate 790 00:38:23,560 --> 00:38:26,640 Speaker 4: human interest, and then mixed on top of that, you've 791 00:38:26,640 --> 00:38:30,200 Speaker 4: got this, you know, you've got this social media pressure 792 00:38:30,200 --> 00:38:32,640 Speaker 4: where we do everything we can for clicks and likes, 793 00:38:32,680 --> 00:38:35,680 Speaker 4: and that makes us popular. And I think you know 794 00:38:35,840 --> 00:38:37,480 Speaker 4: now it's sort of the thing to do if you're 795 00:38:37,480 --> 00:38:39,280 Speaker 4: at a public event, you pull out a cell phone 796 00:38:39,400 --> 00:38:41,520 Speaker 4: and start filming it, whether that's good or bad. And 797 00:38:41,560 --> 00:38:45,120 Speaker 4: I think it's a salutary reminder for us to actually 798 00:38:45,120 --> 00:38:47,799 Speaker 4: stop and check what the heck we're doing when we're 799 00:38:47,920 --> 00:38:49,640 Speaker 4: enter something like this and we've got our cell phone 800 00:38:49,680 --> 00:38:49,960 Speaker 4: with us. 801 00:38:50,040 --> 00:38:52,439 Speaker 2: So it's where the line. Do you film somebody who's 802 00:38:52,440 --> 00:38:54,479 Speaker 2: slightly old looking down the street? Then do you film 803 00:38:54,520 --> 00:38:56,400 Speaker 2: the fight that breaks out all the knife and then 804 00:38:56,440 --> 00:38:58,120 Speaker 2: do you stop on the motor and film the death? 805 00:38:58,200 --> 00:39:00,680 Speaker 2: And so we're discovering where that line and maybe there 806 00:39:00,719 --> 00:39:01,560 Speaker 2: is no line. 807 00:39:02,360 --> 00:39:06,600 Speaker 4: Yeah, that's right. I actually there was an incident. There 808 00:39:06,640 --> 00:39:09,080 Speaker 4: was a police incident outside my workplace a couple of 809 00:39:09,120 --> 00:39:12,120 Speaker 4: weeks ago, and you know there were thirty people standing 810 00:39:12,160 --> 00:39:13,839 Speaker 4: around and half of them would have had a cell 811 00:39:13,840 --> 00:39:17,239 Speaker 4: phone with them. Look, and I think we need to 812 00:39:17,239 --> 00:39:19,920 Speaker 4: take responsibility. Obviously, those people that are filming need to 813 00:39:19,920 --> 00:39:22,840 Speaker 4: take responsibility. But we have some power too in this 814 00:39:22,920 --> 00:39:27,239 Speaker 4: as consumers. We can block people, and we can unfriend them, 815 00:39:27,280 --> 00:39:30,160 Speaker 4: and we can report them to the social media platforms 816 00:39:30,520 --> 00:39:32,759 Speaker 4: for filming this kind of stuff. The last thing we 817 00:39:32,800 --> 00:39:35,600 Speaker 4: want to do is comment on their social media posts, 818 00:39:35,840 --> 00:39:38,759 Speaker 4: even if it's negative, because that will just feed the 819 00:39:38,800 --> 00:39:41,319 Speaker 4: algorithm and make them more and more popular, which is 820 00:39:41,320 --> 00:39:44,440 Speaker 4: what really helped drive some of that behavior. 821 00:39:44,560 --> 00:39:47,920 Speaker 2: Good tips, Dogle, appreciate it, Google Southerland. Political psychologists, Come on, Mike, 822 00:39:47,960 --> 00:39:50,399 Speaker 2: you must know Labors right and we're all wrong. It's 823 00:39:50,400 --> 00:39:52,000 Speaker 2: the way it works in the socialists. Well, this is 824 00:39:52,040 --> 00:39:53,799 Speaker 2: this is the thing that absolutely fascinates me. And you've 825 00:39:54,120 --> 00:39:57,000 Speaker 2: you've got to listen to Question Time as well. People 826 00:39:57,040 --> 00:39:59,359 Speaker 2: like Chloe you can allant most excuse her because she's 827 00:39:59,400 --> 00:40:01,919 Speaker 2: so blinded the real world. But this has gone from theory. 828 00:40:01,960 --> 00:40:03,520 Speaker 2: This is what fascinates me. This has gone from theory 829 00:40:03,560 --> 00:40:06,080 Speaker 2: to reality right in theory. And this is the other 830 00:40:06,160 --> 00:40:08,799 Speaker 2: odd thing about it. There's nothing wrong with renewables. We 831 00:40:08,840 --> 00:40:11,520 Speaker 2: all like renewables. Renewables are fantastic. Let's be one hundred 832 00:40:11,520 --> 00:40:13,600 Speaker 2: percent renewable until we work out we can't because it's 833 00:40:13,600 --> 00:40:16,759 Speaker 2: too expensive. But let's be as renewable as we possibly can. 834 00:40:16,800 --> 00:40:18,480 Speaker 2: We're all on board with that, we all agree with it. 835 00:40:18,960 --> 00:40:20,480 Speaker 2: But not when the lights don't work, not when the 836 00:40:20,560 --> 00:40:22,800 Speaker 2: jobs get lost, not when the mills don't open anymore. 837 00:40:22,960 --> 00:40:26,440 Speaker 2: The system literally doesn't work. So we've gone from theory. Oh, 838 00:40:26,480 --> 00:40:28,720 Speaker 2: will ban oil and gas and we'll have some solaro 839 00:40:28,719 --> 00:40:30,520 Speaker 2: and we'll have some wind and it's going to be 840 00:40:30,520 --> 00:40:33,560 Speaker 2: really cool to reality. What's Oh, you've lost your job, 841 00:40:33,640 --> 00:40:37,120 Speaker 2: have you? And then still at that point, they still 842 00:40:37,239 --> 00:40:41,759 Speaker 2: can't see that they're wrong, and they still argue they're 843 00:40:41,840 --> 00:40:44,719 Speaker 2: right and we're idiots, and they want to run the 844 00:40:44,760 --> 00:40:47,840 Speaker 2: place again. Seven twenty. 845 00:40:49,680 --> 00:40:54,319 Speaker 1: The Mic Asking Breakfast Full Show podcast on iHeartRadio, How 846 00:40:54,400 --> 00:40:55,360 Speaker 1: It My News, Talk. 847 00:40:55,280 --> 00:40:58,840 Speaker 2: Sippy Father's Day, This Sunday, The Real House of fragrances. 848 00:40:58,880 --> 00:41:01,080 Speaker 2: Of course, as Father's Day is away, Chemist Warehouse, so 849 00:41:01,280 --> 00:41:03,440 Speaker 2: go and store online if you like. Stop paying too much. 850 00:41:03,480 --> 00:41:05,080 Speaker 2: That's the key, because they got all the good brands. 851 00:41:05,120 --> 00:41:07,759 Speaker 2: Pucker Raban Victis one hundred mills two piece set now 852 00:41:07,800 --> 00:41:09,440 Speaker 2: just one hundred and twenty nine ninety nine. You've got 853 00:41:09,440 --> 00:41:11,759 Speaker 2: your David Beckham Instinct seventy five meals for twenty two 854 00:41:11,840 --> 00:41:15,279 Speaker 2: ninety nine. You've got your drah Nois two hundred mil 855 00:41:15,360 --> 00:41:18,279 Speaker 2: big Bottle fifty nine to ninety nine, mont Blanc Legend 856 00:41:18,320 --> 00:41:20,919 Speaker 2: one hundred mil for unbeatable price of seventy four ninety nine. 857 00:41:21,520 --> 00:41:24,200 Speaker 2: C k Everyone one hundred mill sixty nine ninety nine. 858 00:41:24,560 --> 00:41:26,799 Speaker 2: Maybe Dad likes the old Jimmy Chuo Jimmy chu Man 859 00:41:26,840 --> 00:41:29,840 Speaker 2: one hundred mills ninety nine ninety nine, and so anything 860 00:41:29,920 --> 00:41:32,520 Speaker 2: last minute for Father's Day, or you know, if it's 861 00:41:32,520 --> 00:41:35,280 Speaker 2: part of an elaborate surprise, whatever, don't worry. Chemis's Warehouse 862 00:41:35,280 --> 00:41:38,360 Speaker 2: got you covered. Click and collect, fast delivery available. To 863 00:41:38,640 --> 00:41:42,440 Speaker 2: stop paying too much this Father's Day with Chemist Warehouse 864 00:41:42,880 --> 00:41:45,400 Speaker 2: asking seven twenty four and me, of course it was 865 00:41:45,480 --> 00:41:47,880 Speaker 2: never five percent, was it? It was always spitballing what 866 00:41:47,920 --> 00:41:50,680 Speaker 2: he was doing spitballing Paul Goldsmith, this is the treaty Minister. 867 00:41:51,040 --> 00:41:53,000 Speaker 2: He's in a meeting with the seafood people who are 868 00:41:53,040 --> 00:41:54,719 Speaker 2: not happy about their lack have been put into the 869 00:41:54,719 --> 00:41:57,320 Speaker 2: government's foreshore plan to revert a court ruling back to 870 00:41:57,320 --> 00:41:59,320 Speaker 2: the original intent of the law as it was passed 871 00:41:59,320 --> 00:42:02,600 Speaker 2: in two thousand eleven. Goldsmith it was reported said customary 872 00:42:02,680 --> 00:42:05,799 Speaker 2: title will drop to five percent. TV one fell over 873 00:42:05,840 --> 00:42:09,400 Speaker 2: themselves breathlessly reporting this as some sort of scandal on Sunday. 874 00:42:09,800 --> 00:42:12,879 Speaker 2: Come Monday, in the PM's post cabinet session, they try 875 00:42:12,880 --> 00:42:15,200 Speaker 2: and get more detail. The PM quite clearly says the 876 00:42:15,239 --> 00:42:17,200 Speaker 2: reason the government are doing what they're doing is because 877 00:42:17,239 --> 00:42:19,160 Speaker 2: the court is overreached and what the Government of the 878 00:42:19,239 --> 00:42:22,680 Speaker 2: day intended has been distorted. An amendment of Section fifty 879 00:42:22,719 --> 00:42:24,960 Speaker 2: eight is how they're going to address this. The original 880 00:42:25,000 --> 00:42:27,560 Speaker 2: law was simple, if you can prove you had uninterrupted 881 00:42:27,560 --> 00:42:29,960 Speaker 2: access to the foreshaw since eighteen forty, you've got a case. 882 00:42:30,120 --> 00:42:32,320 Speaker 2: If you can't, you haven't. Groups who didn't like the 883 00:42:32,400 --> 00:42:35,040 Speaker 2: law or the government went to court. The court, being activist, 884 00:42:35,120 --> 00:42:37,040 Speaker 2: got overly involved and we ended up where we are. 885 00:42:37,280 --> 00:42:39,319 Speaker 2: All The government, as the PM was it pains to 886 00:42:39,320 --> 00:42:42,040 Speaker 2: tell the assembled press wanted to do was make the 887 00:42:42,120 --> 00:42:45,080 Speaker 2: law the law, and why are because they're the government 888 00:42:45,200 --> 00:42:47,440 Speaker 2: and that's what governments do. As far as I am 889 00:42:47,480 --> 00:42:49,680 Speaker 2: aware as a consumer of the news that but wasn't 890 00:42:49,760 --> 00:42:53,840 Speaker 2: reported by yesterday some media I notatee both state funded. Funly, 891 00:42:54,440 --> 00:42:56,960 Speaker 2: we're still banging on about Goldsmith and as five percent. 892 00:42:57,320 --> 00:43:01,560 Speaker 2: The point they're missing and I suspected is courts don't 893 00:43:01,640 --> 00:43:04,520 Speaker 2: make the law. Governments do. If you want to mark 894 00:43:04,560 --> 00:43:07,520 Speaker 2: Goldsmith down a bit, I mean maybe he shouldn't free 895 00:43:07,520 --> 00:43:10,080 Speaker 2: wheel with numbers given if you apply just a little 896 00:43:10,120 --> 00:43:12,120 Speaker 2: bit of brain power to it. No one knows what 897 00:43:12,160 --> 00:43:14,360 Speaker 2: the actual number by way of a percentage will be 898 00:43:14,840 --> 00:43:17,440 Speaker 2: when it comes to access. But it wasn't a scandal, 899 00:43:17,680 --> 00:43:19,880 Speaker 2: It wasn't a gotcha moment. It was a passing comment 900 00:43:19,920 --> 00:43:21,880 Speaker 2: in a meeting about the intent of the government of 901 00:43:21,920 --> 00:43:23,160 Speaker 2: the day and what they were going to do to 902 00:43:23,239 --> 00:43:26,040 Speaker 2: address what they see as an activist court that had 903 00:43:26,080 --> 00:43:29,880 Speaker 2: distorted intent around an increasingly fractious subject. This would be 904 00:43:29,920 --> 00:43:33,120 Speaker 2: another example I think of an activist media taking the 905 00:43:33,160 --> 00:43:35,440 Speaker 2: side of an activist court and trying to drum up 906 00:43:35,480 --> 00:43:37,640 Speaker 2: scandal around a government They don't like on a law 907 00:43:37,680 --> 00:43:40,160 Speaker 2: they like even less. And if you apply logic and 908 00:43:40,239 --> 00:43:45,040 Speaker 2: follow it as I have, failing ask the New Zealand 909 00:43:45,040 --> 00:43:47,920 Speaker 2: media should be bombarding Chippy about why he effectively advocates 910 00:43:47,920 --> 00:43:51,040 Speaker 2: for the burning of dirty imported coal plus the ongoing 911 00:43:51,040 --> 00:43:54,560 Speaker 2: loss of New Zealander's jobs due to their stance on gas. 912 00:43:54,840 --> 00:43:58,040 Speaker 2: How you stand up and defend the loss of jobs 913 00:43:58,360 --> 00:44:01,640 Speaker 2: right here, right now, not down not you know, oh 914 00:44:01,719 --> 00:44:04,160 Speaker 2: one day when all the wind is blowing and all 915 00:44:04,200 --> 00:44:06,719 Speaker 2: the windmills are out to see, not one day right here, 916 00:44:07,040 --> 00:44:10,480 Speaker 2: right now. How do you defend your stance when people 917 00:44:10,520 --> 00:44:13,080 Speaker 2: are losing jobs? And that's the other irony, of course 918 00:44:13,080 --> 00:44:15,480 Speaker 2: they never address. It's the importation of coal because we've 919 00:44:15,480 --> 00:44:17,600 Speaker 2: got no gas and we still need the lights. What 920 00:44:17,640 --> 00:44:19,359 Speaker 2: do they do? They go for the colt I knowe 921 00:44:19,360 --> 00:44:22,759 Speaker 2: the Wellington Regional Council, by the way, have decided in 922 00:44:22,800 --> 00:44:25,040 Speaker 2: their wisdom that they will be going to a vote 923 00:44:25,040 --> 00:44:27,399 Speaker 2: next year as part of the local body elections on 924 00:44:27,440 --> 00:44:31,000 Speaker 2: these Maori wards. So once again to reiterate, councils under 925 00:44:31,040 --> 00:44:33,520 Speaker 2: a new law have to one get rid of Marie 926 00:44:33,560 --> 00:44:37,000 Speaker 2: Ward's next election or if they want maray wards. And 927 00:44:37,000 --> 00:44:39,600 Speaker 2: what to see them potentially continue. They've got to hold 928 00:44:39,600 --> 00:44:43,839 Speaker 2: a referendum. Locally, Wellington Greater Council has decided they want 929 00:44:43,880 --> 00:44:46,719 Speaker 2: to continue them. They like them, they're good, so they're 930 00:44:46,719 --> 00:44:49,840 Speaker 2: going to hold a vote. And I think, in the 931 00:44:49,880 --> 00:44:52,000 Speaker 2: grand ole of things, I probably support it. Not the 932 00:44:52,040 --> 00:44:54,839 Speaker 2: marray Wards obviously, but the right to vote. I think 933 00:44:54,840 --> 00:44:56,399 Speaker 2: if I was going to do one of two things, 934 00:44:56,400 --> 00:44:57,920 Speaker 2: do you just kill them and save a bit of 935 00:44:57,960 --> 00:45:00,400 Speaker 2: money fair enough, not a bad argument, or do you 936 00:45:00,440 --> 00:45:02,320 Speaker 2: actually put it to the people, I'd put it to 937 00:45:02,360 --> 00:45:04,560 Speaker 2: the people because I'm a fan of democracy. What they'll find, 938 00:45:04,560 --> 00:45:06,200 Speaker 2: of course, is when they do put it to the people, 939 00:45:07,239 --> 00:45:10,600 Speaker 2: between seventy and eighty percent will say no, thank you. 940 00:45:10,640 --> 00:45:12,759 Speaker 2: We don't want Mary Wards because history tells us this. 941 00:45:13,040 --> 00:45:15,839 Speaker 2: But at least you had the chance to have a say, 942 00:45:16,080 --> 00:45:19,160 Speaker 2: and you can't really argue against democracy. Can you stand 943 00:45:19,160 --> 00:45:21,480 Speaker 2: by for the news? Which is next? Your news talks 944 00:45:21,600 --> 00:45:22,880 Speaker 2: Edben What. 945 00:45:23,320 --> 00:45:28,760 Speaker 1: Big News, Bold opinions, the Mic Hosking, Breakfast with Bailey's 946 00:45:28,760 --> 00:45:32,880 Speaker 1: Real Estate, your local experts across residential, commercial and rural 947 00:45:32,920 --> 00:45:33,879 Speaker 1: news talks head Been. 948 00:45:34,080 --> 00:45:36,719 Speaker 2: Jane Politics Wednesday after eight twenty three. Away from it 949 00:45:36,840 --> 00:45:38,040 Speaker 2: Now for a man who seems to have a lot 950 00:45:38,040 --> 00:45:40,120 Speaker 2: of portfolios that require a lot of change. Simmy and 951 00:45:40,160 --> 00:45:43,120 Speaker 2: Brown strikes again. This time Aviation airlines are going to 952 00:45:43,120 --> 00:45:45,360 Speaker 2: be required to give monthly reports on flight delays and 953 00:45:45,400 --> 00:45:48,360 Speaker 2: cancelations as well as the fares they're charging. Transport Minister 954 00:45:48,360 --> 00:45:50,880 Speaker 2: Simeon Brown with us good morning, good morning as regards 955 00:45:50,880 --> 00:45:53,160 Speaker 2: aviation the several moving parts to this and will work 956 00:45:53,200 --> 00:45:55,200 Speaker 2: our way through it. In general, how much does the 957 00:45:55,239 --> 00:45:56,359 Speaker 2: sector need a shake up? 958 00:45:57,600 --> 00:45:57,799 Speaker 10: Oh? 959 00:45:57,880 --> 00:46:01,240 Speaker 12: Look, I think coming out of COVID this the sector 960 00:46:01,360 --> 00:46:03,680 Speaker 12: is needing a shake up in terms of whether it's 961 00:46:03,719 --> 00:46:06,320 Speaker 12: CIA needing to be back on to on time performance. 962 00:46:06,320 --> 00:46:10,520 Speaker 12: When it comes to as abset qs certifying their clients. 963 00:46:10,520 --> 00:46:13,719 Speaker 12: In regards to aviation bodies who are trying to get 964 00:46:13,760 --> 00:46:15,960 Speaker 12: licenses tofy and do business in New Zealand, I think 965 00:46:15,960 --> 00:46:18,080 Speaker 12: it's getting too hard. So we need them to be 966 00:46:18,080 --> 00:46:22,279 Speaker 12: actually more responsive to the needs of our industry. And 967 00:46:22,320 --> 00:46:24,080 Speaker 12: also we need airlines to be making sure that they're 968 00:46:24,080 --> 00:46:27,239 Speaker 12: actually operating on time and there's more transparency around price. 969 00:46:27,480 --> 00:46:31,120 Speaker 12: Yesterday's announcements, we're all around saying look, we've come from COVID. 970 00:46:31,719 --> 00:46:34,480 Speaker 12: We know it's been tough, but actually Aviation plays a 971 00:46:34,520 --> 00:46:36,800 Speaker 12: critical role in our economy and we need to be 972 00:46:36,880 --> 00:46:40,560 Speaker 12: a competitive player and every single part of the industry 973 00:46:40,640 --> 00:46:43,080 Speaker 12: needs to be doing. It's a bit government and industry, 974 00:46:43,400 --> 00:46:45,400 Speaker 12: so sure we are a competitive country to do business 975 00:46:45,440 --> 00:46:47,240 Speaker 12: with and to grow the sector. 976 00:46:47,400 --> 00:46:48,920 Speaker 2: All right, we'll get to the planes in the moment. 977 00:46:48,920 --> 00:46:52,120 Speaker 2: As regards the CIA, all their problems, their fees and culture, 978 00:46:52,200 --> 00:46:53,120 Speaker 2: are they up to it? 979 00:46:54,400 --> 00:46:56,719 Speaker 12: Well, we'll replaced the board. We've put a new board 980 00:46:56,719 --> 00:47:00,319 Speaker 12: in place with some red experienced people there to help 981 00:47:00,360 --> 00:47:04,520 Speaker 12: bride close outcomes around on time performance for air seek, 982 00:47:04,960 --> 00:47:09,359 Speaker 12: making sure that we have a much faster certification time 983 00:47:09,400 --> 00:47:13,000 Speaker 12: frames for aviation players in New Zealand, and also to 984 00:47:13,000 --> 00:47:14,560 Speaker 12: address some of those challenges that have been in the 985 00:47:14,560 --> 00:47:17,560 Speaker 12: media around culture. So new board, they've got a very 986 00:47:17,560 --> 00:47:19,799 Speaker 12: clear task as to what they need to do and 987 00:47:19,800 --> 00:47:21,640 Speaker 12: they certainly up to it to make those changes. 988 00:47:21,719 --> 00:47:24,640 Speaker 2: All right, the planes when they report and say that 989 00:47:24,640 --> 00:47:29,319 Speaker 2: the X procedage didn't turn up on time, then what happens, Well, 990 00:47:29,320 --> 00:47:29,920 Speaker 2: oftenly it's. 991 00:47:29,760 --> 00:47:32,760 Speaker 12: About public reporting. It's about providing transparency that we don't 992 00:47:32,800 --> 00:47:35,799 Speaker 12: have at this stage. This is sort of what we're 993 00:47:35,800 --> 00:47:37,080 Speaker 12: doing at this stage, just saying it look a bit 994 00:47:37,080 --> 00:47:41,000 Speaker 12: more transparency. We're not putting any anything further in beyond 995 00:47:41,040 --> 00:47:42,840 Speaker 12: that at the stage, but I think the first step 996 00:47:42,880 --> 00:47:44,360 Speaker 12: is in the public want to see is what is 997 00:47:44,400 --> 00:47:47,520 Speaker 12: the actual on time performance of airlines in New Zealand. 998 00:47:47,920 --> 00:47:50,080 Speaker 12: So that's what the Ministry of Transport. They're already collecting 999 00:47:50,080 --> 00:47:52,000 Speaker 12: the data. They're going to be publishing the first report 1000 00:47:52,080 --> 00:47:55,359 Speaker 12: next month to help provide that transparency. And I said 1001 00:47:55,400 --> 00:47:59,239 Speaker 12: also looking at getting greater transparency around airfares so the 1002 00:47:59,239 --> 00:48:01,920 Speaker 12: public can actually stand what are the prices that people 1003 00:48:01,920 --> 00:48:02,440 Speaker 12: are paying. 1004 00:48:02,920 --> 00:48:05,279 Speaker 2: Yeah, but once you've got that transparency and I tell 1005 00:48:05,280 --> 00:48:07,400 Speaker 2: you it's too expensive and there are a crap airline, 1006 00:48:07,400 --> 00:48:08,880 Speaker 2: are we going to do anything about it or just 1007 00:48:08,880 --> 00:48:09,440 Speaker 2: put up with it? 1008 00:48:10,239 --> 00:48:11,839 Speaker 12: Well, I think then we can look at what other 1009 00:48:11,880 --> 00:48:13,480 Speaker 12: options there are that we can look at it this 1010 00:48:13,520 --> 00:48:15,359 Speaker 12: stage and know Australia has been looking at this, United 1011 00:48:15,400 --> 00:48:17,719 Speaker 12: States has. I think a step which we've here is 1012 00:48:17,719 --> 00:48:20,320 Speaker 12: if you when you start publishing that data many countries 1013 00:48:20,320 --> 00:48:22,960 Speaker 12: have been doing this since the nineteen nineties and when 1014 00:48:22,960 --> 00:48:24,200 Speaker 12: you catch that, all. 1015 00:48:24,120 --> 00:48:27,920 Speaker 2: Right, appreciate it to me and Brown Aviation Aviation Minister, 1016 00:48:28,120 --> 00:48:31,320 Speaker 2: Transport Minister twenty minutes away from a past Quite recently 1017 00:48:31,360 --> 00:48:32,880 Speaker 2: at a zoo trip, my daughter in law took a 1018 00:48:32,920 --> 00:48:35,160 Speaker 2: heavy fall with her little boy on her shoulders. All 1019 00:48:35,200 --> 00:48:38,160 Speaker 2: of her friends took out their phones and filmed it. 1020 00:48:38,239 --> 00:48:41,520 Speaker 2: So something weird. I just because I don't film and 1021 00:48:41,560 --> 00:48:43,719 Speaker 2: do well. I'm not a tech person. I just it's 1022 00:48:43,840 --> 00:48:44,400 Speaker 2: just beyond me. 1023 00:48:44,480 --> 00:48:46,320 Speaker 1: Do you know how to open the camera on your phone? 1024 00:48:46,400 --> 00:48:49,200 Speaker 2: That's one of the major issues. So here's the irony 1025 00:48:49,239 --> 00:48:52,200 Speaker 2: of ironies talking about oil and gas across the testment 1026 00:48:52,239 --> 00:48:54,160 Speaker 2: in Australia, there is quote unquote this is what I'm 1027 00:48:54,200 --> 00:48:56,719 Speaker 2: reading just yesterday. One of the fuel giants in that 1028 00:48:56,760 --> 00:48:59,600 Speaker 2: particular part of the world, Weber Energy. They own a 1029 00:48:59,680 --> 00:49:03,520 Speaker 2: July oil refinery, they own Shell they owned Liberty petrol 1030 00:49:03,520 --> 00:49:07,520 Speaker 2: station chains. Anyway, they've got major Well, let me explain 1031 00:49:07,840 --> 00:49:11,719 Speaker 2: growing recognition that time is running out to stop crippling 1032 00:49:11,800 --> 00:49:15,520 Speaker 2: gas shortages heading homes and businesses as it prepares to 1033 00:49:15,560 --> 00:49:19,080 Speaker 2: resubmit a bid for approval to start importing liquefied gas 1034 00:49:19,160 --> 00:49:22,960 Speaker 2: into Geelong. Rapid declines from the giant offshore gas fields 1035 00:49:23,000 --> 00:49:26,000 Speaker 2: and Bass Strait intensified warnings that supplies the tightening in Victoria, 1036 00:49:26,040 --> 00:49:28,920 Speaker 2: New South Wales, South Australia and Tasmania during winter and 1037 00:49:28,960 --> 00:49:32,400 Speaker 2: could be in deficit by twenty twenty eight. Large volumes 1038 00:49:32,400 --> 00:49:35,880 Speaker 2: of Queensland production locked into long term export contracts, Pipeline 1039 00:49:35,880 --> 00:49:38,759 Speaker 2: limitations restrict how much gas can flow south on days 1040 00:49:38,800 --> 00:49:42,200 Speaker 2: of heavy demand, and gas from Wa cannot be transported east. 1041 00:49:43,600 --> 00:49:47,360 Speaker 2: It was close to submitting fever resubmitting its environmental studies 1042 00:49:47,400 --> 00:49:50,439 Speaker 2: to extend a refinery peer at Corrier Bay to park 1043 00:49:50,440 --> 00:49:53,319 Speaker 2: a vessel capable of receiving LNG cargoes from other parts 1044 00:49:53,320 --> 00:49:56,120 Speaker 2: of Australia or overseas and turn it back into vapor. 1045 00:49:56,320 --> 00:49:58,960 Speaker 2: So they've got a problem. They've worked out the problem. 1046 00:49:59,120 --> 00:50:01,600 Speaker 2: They're trying to solve the problem. Meantime, Old Dumpty Doo 1047 00:50:01,640 --> 00:50:05,080 Speaker 2: New Zealand has completely run out. Now in relation to that, 1048 00:50:05,120 --> 00:50:07,360 Speaker 2: the LNG, the stuff that we're looking at, I'm assuming 1049 00:50:07,360 --> 00:50:09,479 Speaker 2: we're looking to get it from Australia if we build 1050 00:50:09,480 --> 00:50:12,160 Speaker 2: the infrastructure, clear of the regulatory hurdles and get on 1051 00:50:12,239 --> 00:50:14,400 Speaker 2: with it. But you can see that they've got problems. 1052 00:50:14,440 --> 00:50:16,000 Speaker 2: And if they've got problems and a lot of their 1053 00:50:16,000 --> 00:50:18,880 Speaker 2: stuff is locked into long term contracts, we might end 1054 00:50:18,960 --> 00:50:21,759 Speaker 2: up having problems getting access to it. So that's that's 1055 00:50:21,760 --> 00:50:24,120 Speaker 2: a red flag. Remember where you heard it first? 1056 00:50:24,400 --> 00:50:29,520 Speaker 1: Eighteen two good the Vike Asking Breakfast Full Show podcast 1057 00:50:29,680 --> 00:50:32,400 Speaker 1: on iHeartRadio powered by News Talks at b. 1058 00:50:33,200 --> 00:50:35,600 Speaker 2: Certain forty five. Tail of two stories. So a little 1059 00:50:35,600 --> 00:50:37,600 Speaker 2: bit of reporterage just handed to me this morning from 1060 00:50:37,640 --> 00:50:39,560 Speaker 2: our very good friends at the state funded Radio New 1061 00:50:39,640 --> 00:50:45,960 Speaker 2: Zealand headline. Low pass rates in new online NCEEA Literacy 1062 00:50:46,080 --> 00:50:50,400 Speaker 2: numeracy and tests worry secondary teachers. So I go to 1063 00:50:50,480 --> 00:50:53,959 Speaker 2: the story. This is the latest NCEEA literacy and numeracy tests. 1064 00:50:54,040 --> 00:50:56,920 Speaker 2: A lot of people have failed. Most recent round of 1065 00:50:56,960 --> 00:51:00,320 Speaker 2: testing was in May in maths fifty four hundred sixty 1066 00:51:00,320 --> 00:51:02,680 Speaker 2: eight SAT the test, thirty one hundred ninety six failed, 1067 00:51:02,719 --> 00:51:05,560 Speaker 2: or in other words, fifty four percent failed. In reading. 1068 00:51:06,160 --> 00:51:07,920 Speaker 2: This is the second part of the story. In reading, 1069 00:51:08,080 --> 00:51:10,399 Speaker 2: fifty four percent of MARI students and sixty three percent 1070 00:51:10,440 --> 00:51:13,120 Speaker 2: of Pacific students failed. In writing, fifty five and fifty 1071 00:51:13,120 --> 00:51:15,239 Speaker 2: six percent failed. So I'm immediately looking for where are 1072 00:51:15,239 --> 00:51:17,440 Speaker 2: all the rest of the people, and in this is 1073 00:51:17,480 --> 00:51:19,520 Speaker 2: the tale of the two stories. One the reportage on 1074 00:51:19,680 --> 00:51:22,160 Speaker 2: the failure rates or pass rates if you like, of 1075 00:51:22,200 --> 00:51:26,360 Speaker 2: the latest NCEEA literacy reading testing and two, the media's 1076 00:51:26,400 --> 00:51:30,840 Speaker 2: ongoing fascination worth culture and race. So one I'm suggesting 1077 00:51:30,840 --> 00:51:32,759 Speaker 2: to you is I'm immediately looking for all the other 1078 00:51:32,800 --> 00:51:34,960 Speaker 2: students who don't happen to be Maria Pacific Island. Where 1079 00:51:34,960 --> 00:51:37,080 Speaker 2: are their results? And there aren't any. You cannot see 1080 00:51:37,080 --> 00:51:38,879 Speaker 2: them in the story. They have disappeared from the story 1081 00:51:38,880 --> 00:51:41,960 Speaker 2: because they were never there. So what is this ongoing? 1082 00:51:42,200 --> 00:51:45,560 Speaker 2: So in other words, the media's problem is they immediately 1083 00:51:45,640 --> 00:51:49,080 Speaker 2: hone into the negative, hence low pass rates in new 1084 00:51:49,160 --> 00:51:52,279 Speaker 2: online NCA literacy. So, according to Radius zeal And, all 1085 00:51:52,320 --> 00:51:54,759 Speaker 2: you need to know about is how Mari have done 1086 00:51:54,760 --> 00:51:57,319 Speaker 2: and how Pacific Island have failed. How everyone else has 1087 00:51:57,320 --> 00:51:59,480 Speaker 2: done is completely irrelevant because it's not in the story. 1088 00:51:59,800 --> 00:52:02,400 Speaker 2: So I say to the appropriate people on this program, 1089 00:52:02,400 --> 00:52:04,120 Speaker 2: go find me the real facts. So here are the 1090 00:52:04,200 --> 00:52:08,239 Speaker 2: real facts. In reading European sixty eight percent pass rate, 1091 00:52:08,320 --> 00:52:10,919 Speaker 2: Asian fifty six percent, mariy forty six and Pacific IEM 1092 00:52:11,000 --> 00:52:12,879 Speaker 2: thirty seven. That's a complete picture. That's what you want? 1093 00:52:13,080 --> 00:52:14,560 Speaker 2: Is that not what you want? Do you want the 1094 00:52:14,560 --> 00:52:16,160 Speaker 2: complete picture or do you just want the Radio New 1095 00:52:16,200 --> 00:52:19,880 Speaker 2: Zealand version, which is just the cultural picture? In writing 1096 00:52:20,040 --> 00:52:23,319 Speaker 2: European sixty two percent, Asian fifty three percent, Maurray forty five, 1097 00:52:23,360 --> 00:52:27,120 Speaker 2: Pacific forty four, numerously European fifty three, Asian fifty two, 1098 00:52:27,239 --> 00:52:30,759 Speaker 2: Marray twenty nine, Pacific twenty three. Now, the interesting thing 1099 00:52:30,760 --> 00:52:33,160 Speaker 2: about those numbers is this is the part that's open 1100 00:52:33,200 --> 00:52:37,200 Speaker 2: to interpretation. At a pass rate of sixty eight percent, 1101 00:52:37,239 --> 00:52:39,160 Speaker 2: are you going to yourself not bad or are you 1102 00:52:39,200 --> 00:52:41,200 Speaker 2: going jeez, there's still a long way to go. That's 1103 00:52:41,280 --> 00:52:43,439 Speaker 2: up to you to decide for yourself. But at least 1104 00:52:43,480 --> 00:52:45,719 Speaker 2: it gives you a comprehensive picture. So if you want 1105 00:52:45,719 --> 00:52:47,920 Speaker 2: to write a story about how Mari and Pacific are failing, 1106 00:52:47,960 --> 00:52:50,440 Speaker 2: fair enough, that's all you're interested in doing. Or if 1107 00:52:50,480 --> 00:52:53,279 Speaker 2: you're more interested in the whole picture, then maybe things 1108 00:52:53,320 --> 00:52:55,640 Speaker 2: are starting to improve. This is the important part here. 1109 00:52:55,960 --> 00:52:58,440 Speaker 2: Maybe things are starting to improve. The next testing is 1110 00:52:58,480 --> 00:53:01,440 Speaker 2: coming in September, so it'll be fascinating to see if 1111 00:53:01,440 --> 00:53:03,759 Speaker 2: things are improving. Some of the changes being made at 1112 00:53:03,800 --> 00:53:06,440 Speaker 2: the moment in education, whether or not in the curriculum 1113 00:53:06,440 --> 00:53:09,320 Speaker 2: and the testing, whether or not that's coming or bearing fruit. 1114 00:53:10,280 --> 00:53:13,080 Speaker 2: So writing European pass rate of sixty two percent, is 1115 00:53:13,080 --> 00:53:15,000 Speaker 2: that reasonable? I mean, when I was at school, if 1116 00:53:15,000 --> 00:53:16,719 Speaker 2: I got sixty two percent, I mean, little chort of 1117 00:53:16,719 --> 00:53:19,600 Speaker 2: the miracle. I'd be happy Asian fifty three percent. So 1118 00:53:19,640 --> 00:53:22,560 Speaker 2: you've you've got a race based problem. I fully accept that, 1119 00:53:23,160 --> 00:53:25,000 Speaker 2: but it's not the whole picture, and you need to 1120 00:53:25,040 --> 00:53:27,279 Speaker 2: know the whole picture. So in other words, what they 1121 00:53:27,280 --> 00:53:30,840 Speaker 2: try and paint is a story of a failing education 1122 00:53:31,000 --> 00:53:34,160 Speaker 2: system of people who, if they go to school, go 1123 00:53:34,280 --> 00:53:36,680 Speaker 2: to fail. And when you look at the complete numbers, 1124 00:53:37,680 --> 00:53:39,680 Speaker 2: doesn't appear to be as bad as they've made out. 1125 00:53:39,800 --> 00:53:42,000 Speaker 2: Maybe things are on the improve. A pass rate to 1126 00:53:42,080 --> 00:53:46,480 Speaker 2: my eye of sixty eight percent not bad. In writing 1127 00:53:46,560 --> 00:53:50,440 Speaker 2: sixty two percent not bad. Numeracy is a problem. Fifty 1128 00:53:50,440 --> 00:53:54,760 Speaker 2: three percent your best number. That's not good, but maybe 1129 00:53:54,800 --> 00:53:56,800 Speaker 2: not as bad as they make out. So once again, 1130 00:53:57,239 --> 00:54:00,360 Speaker 2: the more you know, the better off you are. A 1131 00:54:00,440 --> 00:54:01,359 Speaker 2: living away from eight. 1132 00:54:02,600 --> 00:54:07,520 Speaker 1: Cost breakfast with the range rover Villa, news from it 1133 00:54:07,840 --> 00:54:09,480 Speaker 1: instead of looking back in anger and all the other 1134 00:54:09,600 --> 00:54:11,239 Speaker 1: musical related cliches we could use. 1135 00:54:11,280 --> 00:54:14,040 Speaker 2: The reunion isabek on oas have announced the European too 1136 00:54:14,040 --> 00:54:16,279 Speaker 2: the next year. First shows in sixteen years, if Liam 1137 00:54:16,280 --> 00:54:19,080 Speaker 2: and Nole can keep it together, got fourteen performances planning 1138 00:54:19,080 --> 00:54:22,880 Speaker 2: for Cardiff, Manchester, London, Edinburgh and Dublin. Jonathan Deane is 1139 00:54:22,920 --> 00:54:25,960 Speaker 2: the Times Executive Culture editor, anders with us good morning, 1140 00:54:26,080 --> 00:54:29,080 Speaker 2: Good morning. Was there a moment that this was inevitably 1141 00:54:29,120 --> 00:54:31,680 Speaker 2: going to come together or should we all be surprised 1142 00:54:31,680 --> 00:54:32,240 Speaker 2: and grateful? 1143 00:54:34,440 --> 00:54:36,560 Speaker 6: I think the big moment came well. I think the 1144 00:54:36,600 --> 00:54:40,800 Speaker 6: confirmation before the official confirmation came when Liam Gallagher responded 1145 00:54:40,800 --> 00:54:43,239 Speaker 6: on Twitter to somebody on Saturday and I basically see 1146 00:54:43,239 --> 00:54:45,879 Speaker 6: you down the front with then some expletives, but yes, 1147 00:54:46,000 --> 00:54:47,960 Speaker 6: once Liam had said see you down the front, I 1148 00:54:48,000 --> 00:54:50,880 Speaker 6: think everyone knew that this was happening. I think the 1149 00:54:50,920 --> 00:54:53,839 Speaker 6: inevitability possibly, I think it's so inevitable for a while, 1150 00:54:54,120 --> 00:54:57,880 Speaker 6: you know, the glory of the story are the warring brothers. 1151 00:54:57,920 --> 00:55:01,160 Speaker 6: But people get older, people move on, and I do 1152 00:55:01,880 --> 00:55:04,560 Speaker 6: I just believe it did feel like something's going to happen, 1153 00:55:04,560 --> 00:55:06,279 Speaker 6: and it seems like the world's very happy that it is. 1154 00:55:06,560 --> 00:55:08,759 Speaker 2: To make the stick, do they need to be in 1155 00:55:08,800 --> 00:55:11,120 Speaker 2: a room together for a while, answer a few questions 1156 00:55:11,160 --> 00:55:12,520 Speaker 2: and we can get a vibe as to whether they 1157 00:55:12,520 --> 00:55:14,560 Speaker 2: can stand each other or does a photo shoot as 1158 00:55:14,600 --> 00:55:16,440 Speaker 2: the pictures I've been looking at this morning do it? 1159 00:55:17,480 --> 00:55:19,600 Speaker 6: I think they will probably get together and do an 1160 00:55:19,600 --> 00:55:21,759 Speaker 6: interview together. Like the thing about the Gallagher brothers, which 1161 00:55:21,760 --> 00:55:23,719 Speaker 6: I think has always been a glory thank you for journalists, 1162 00:55:23,920 --> 00:55:26,840 Speaker 6: is that they like being interviewed. They're brilliant interviews. They 1163 00:55:26,880 --> 00:55:28,719 Speaker 6: understand the power of the press. So it isn't even 1164 00:55:28,760 --> 00:55:31,040 Speaker 6: so much that they obviously don't need help to sell 1165 00:55:31,080 --> 00:55:33,680 Speaker 6: tickets because those tickets are going to fly on Saturday. 1166 00:55:34,080 --> 00:55:35,560 Speaker 6: But I think kind of, you know, they need to 1167 00:55:35,560 --> 00:55:37,439 Speaker 6: get together and just talk about it, talk about because 1168 00:55:37,440 --> 00:55:38,800 Speaker 6: people want to know, and I think they want to 1169 00:55:38,840 --> 00:55:41,839 Speaker 6: tell their story. I think also, what's actually the thing 1170 00:55:41,880 --> 00:55:45,040 Speaker 6: you said about? You know, are they getting on etc. 1171 00:55:45,520 --> 00:55:47,840 Speaker 6: I don't really think that matters with them. They're not 1172 00:55:47,880 --> 00:55:50,279 Speaker 6: particularly playful with each other on stage, they never were 1173 00:55:51,160 --> 00:55:54,680 Speaker 6: in interviews. They often, like most siblings do, snipe at 1174 00:55:54,680 --> 00:55:56,360 Speaker 6: each other. So I think in a way, if they've 1175 00:55:56,360 --> 00:55:58,600 Speaker 6: got a truce that will hold in order for them 1176 00:55:58,760 --> 00:56:01,319 Speaker 6: to play the gigs, they can be getting on just 1177 00:56:01,400 --> 00:56:04,760 Speaker 6: about okay without the need to frankly be best of friends. 1178 00:56:05,000 --> 00:56:07,319 Speaker 2: Do is this a one off to the extent there 1179 00:56:07,360 --> 00:56:09,640 Speaker 2: it is, will do some shows, or is this we're 1180 00:56:09,680 --> 00:56:11,719 Speaker 2: back together, this is a band and we can do 1181 00:56:11,760 --> 00:56:12,839 Speaker 2: this for years to come. 1182 00:56:14,239 --> 00:56:16,719 Speaker 6: This is the fascinating question here because I think because 1183 00:56:16,719 --> 00:56:18,960 Speaker 6: they've obviously said they definitely going to be doing European 1184 00:56:19,040 --> 00:56:21,279 Speaker 6: dates towards the end of the year, I'd be very 1185 00:56:21,320 --> 00:56:23,880 Speaker 6: surprised if that doesn't then an extent to outside Europe, 1186 00:56:23,920 --> 00:56:27,440 Speaker 6: probably next year, partly because you know, this is the 1187 00:56:27,560 --> 00:56:29,839 Speaker 6: huge cavet that they are enjoying it and they haven't 1188 00:56:29,880 --> 00:56:32,200 Speaker 6: fallen out on the first show. If they If that 1189 00:56:32,239 --> 00:56:35,279 Speaker 6: hasn't happened, I think they will continue. I think it'll 1190 00:56:35,280 --> 00:56:37,680 Speaker 6: become a world tour, and then I think the interesting 1191 00:56:37,680 --> 00:56:41,680 Speaker 6: thing becomes what do they do about music, because nobody knows, 1192 00:56:41,719 --> 00:56:43,600 Speaker 6: which is the big unknown question is like will they 1193 00:56:43,600 --> 00:56:46,759 Speaker 6: release new music? Blur died last year and it was 1194 00:56:46,880 --> 00:56:49,640 Speaker 6: very good, so will they go down that route? Because 1195 00:56:49,680 --> 00:56:51,480 Speaker 6: this is the thing Like to me, part of the 1196 00:56:51,480 --> 00:56:53,560 Speaker 6: reason this happened is that Liam has been enjoying a 1197 00:56:53,719 --> 00:56:57,520 Speaker 6: very successful run through definitely maybe some huge crowds this year, 1198 00:56:57,800 --> 00:56:59,680 Speaker 6: and I think Noel got a little bit jealous of 1199 00:56:59,760 --> 00:57:02,600 Speaker 6: his songs being sung to huge crowd but not by himself. 1200 00:57:02,800 --> 00:57:05,799 Speaker 6: I think that's part of the reason. But Noel is 1201 00:57:05,880 --> 00:57:08,640 Speaker 6: still a very good and very active songwriter, and I 1202 00:57:08,719 --> 00:57:11,160 Speaker 6: just feel he might get bored just playing old songs 1203 00:57:11,320 --> 00:57:14,640 Speaker 6: again and again. I would bet there'd be an Oasis tracks, 1204 00:57:14,640 --> 00:57:17,360 Speaker 6: which would inevitably mean it goes on for longer and longer. 1205 00:57:17,160 --> 00:57:19,479 Speaker 2: Which then leads to the question are they still good? 1206 00:57:21,120 --> 00:57:24,240 Speaker 6: Oh, it's just as magic if that is the word 1207 00:57:24,320 --> 00:57:26,040 Speaker 6: is that? And I think also the reason this will 1208 00:57:26,080 --> 00:57:29,520 Speaker 6: work so well is frankly, because nobody has replaced them. 1209 00:57:29,680 --> 00:57:32,760 Speaker 6: It's this really interesting thing in pop music in general, 1210 00:57:32,880 --> 00:57:36,680 Speaker 6: it's gone towards solo artists, it's gone towards quite instant music. 1211 00:57:36,720 --> 00:57:40,480 Speaker 6: What Oasis did was make this music, especially the first 1212 00:57:40,520 --> 00:57:43,240 Speaker 6: album and the second to an extent, that was about release. 1213 00:57:43,360 --> 00:57:45,520 Speaker 6: It was about freedom. It's about kind of here's the 1214 00:57:45,560 --> 00:57:47,880 Speaker 6: drudgery of life. Here's some big anthems to make us 1215 00:57:47,880 --> 00:57:51,360 Speaker 6: feel fantastic about our lives and quite hopeful. Nobody's really 1216 00:57:51,360 --> 00:57:53,960 Speaker 6: replaced them since they went away, And I think the 1217 00:57:54,040 --> 00:57:56,200 Speaker 6: question about whether they're good or not is is it's 1218 00:57:56,200 --> 00:58:00,520 Speaker 6: a really tricky one because people say Blur, more intricate songs, 1219 00:58:00,720 --> 00:58:03,320 Speaker 6: albums are better lyricists or radio had. Obviously we're more 1220 00:58:03,360 --> 00:58:06,320 Speaker 6: pioneering pulp with smart all of this stuff. But those 1221 00:58:06,360 --> 00:58:09,479 Speaker 6: people have tiny crowds compared to Oasis. And what's really 1222 00:58:09,520 --> 00:58:11,000 Speaker 6: key is that these gigs are going to be packed 1223 00:58:11,000 --> 00:58:13,760 Speaker 6: full of people in their teens, people in their twenties, 1224 00:58:13,760 --> 00:58:16,840 Speaker 6: because this isn't just a nosalgia thing. Oasis are very, 1225 00:58:16,960 --> 00:58:20,920 Speaker 6: very big among a very young audience. And that's that's because, 1226 00:58:21,080 --> 00:58:23,800 Speaker 6: like I said, the music does something that hasn't really 1227 00:58:23,840 --> 00:58:26,600 Speaker 6: been replaced. It's simple, which I don't mean in an 1228 00:58:26,640 --> 00:58:31,600 Speaker 6: insulting way, anthemic rock music, and so yeah, it hasn't 1229 00:58:31,600 --> 00:58:34,360 Speaker 6: been replaced since they went away. So that's why they're 1230 00:58:34,480 --> 00:58:37,400 Speaker 6: arguably bigger than ever, which is slightly bizarre. So then 1231 00:58:37,480 --> 00:58:39,000 Speaker 6: I guess that kind of does make them good. 1232 00:58:39,320 --> 00:58:41,920 Speaker 2: All right, Jonathan go well with Jonathan Dean. So we 1233 00:58:41,960 --> 00:58:43,600 Speaker 2: got the shows on that part of the world for now. 1234 00:58:44,040 --> 00:58:45,480 Speaker 2: So yeah, I go around the rest of the world. 1235 00:58:45,520 --> 00:58:47,960 Speaker 2: Four minutes away from eighty? Do you need to go 1236 00:58:48,000 --> 00:58:50,439 Speaker 2: one step further? How hard is the test? You say, 1237 00:58:50,440 --> 00:58:52,240 Speaker 2: sixty percent pass is not a bad right, but it's 1238 00:58:52,240 --> 00:58:54,960 Speaker 2: pretty simple test. It's interesting you should say that as 1239 00:58:54,960 --> 00:58:56,720 Speaker 2: I've sitt on this pretty good mini many times, father 1240 00:58:56,760 --> 00:58:59,800 Speaker 2: of five, it's not hard to get into EA and 1241 00:58:59,800 --> 00:59:03,720 Speaker 2: the country, and that's what shocks, appalls and saddens me 1242 00:59:04,000 --> 00:59:07,680 Speaker 2: that the pass rate is so abysmally bad because having 1243 00:59:07,720 --> 00:59:10,760 Speaker 2: seen and lived through n CEA Level one, level two, 1244 00:59:10,880 --> 00:59:16,040 Speaker 2: and level three numerous times over, you do wonder just 1245 00:59:16,120 --> 00:59:18,120 Speaker 2: what's going on in schools, whether it be the kid 1246 00:59:18,160 --> 00:59:20,120 Speaker 2: who's not soaking it up, whether it be the teachers 1247 00:59:20,120 --> 00:59:22,000 Speaker 2: not imparting it properly, whether it's the school it's not 1248 00:59:22,040 --> 00:59:23,920 Speaker 2: running the place properly, whether it's parents who don't give 1249 00:59:23,920 --> 00:59:27,240 Speaker 2: the monkey's But you know, to get in CEA is 1250 00:59:27,280 --> 00:59:30,920 Speaker 2: not that hard, Mike. You know that the logic of 1251 00:59:30,920 --> 00:59:33,760 Speaker 2: fighting the Chinese market for wholesale LNG needs to be 1252 00:59:33,800 --> 00:59:35,960 Speaker 2: seriously tested before a dollar is spent. It would be 1253 00:59:35,960 --> 00:59:38,200 Speaker 2: better if we stood on our own feet. However, it 1254 00:59:38,240 --> 00:59:41,320 Speaker 2: will take a lot to retract the global a lot 1255 00:59:41,360 --> 00:59:44,840 Speaker 2: to attract the global explorers. So we'll talk about oil 1256 00:59:44,880 --> 00:59:46,720 Speaker 2: and gas next. After the news. 1257 00:59:48,160 --> 00:59:52,480 Speaker 1: Demanding the answers from the decision makers, the mic asking 1258 00:59:52,560 --> 00:59:57,680 Speaker 1: breakfast with Veda, retirement, communities, Life your Way, News togs b. 1259 01:00:00,200 --> 01:00:04,680 Speaker 2: To me devon to the girling fantasy. It's a long 1260 01:00:04,760 --> 01:00:10,200 Speaker 2: time getting in, the getting out the the others is 1261 01:00:10,240 --> 01:00:13,040 Speaker 2: the twenty twenty three Breakthrough Artist of the Year from 1262 01:00:13,080 --> 01:00:17,200 Speaker 2: the ARIA Awards. Australian, of course, are teenage dads. This 1263 01:00:17,360 --> 01:00:20,560 Speaker 2: is their sophomore album. It's called major Domo and the 1264 01:00:20,560 --> 01:00:23,720 Speaker 2: sophomore album comes six years after the release of their 1265 01:00:23,760 --> 01:00:27,760 Speaker 2: debut album, which was back in twenty eighteen. Major Domo, 1266 01:00:27,840 --> 01:00:29,240 Speaker 2: by the way, as a person whose job is to 1267 01:00:29,240 --> 01:00:33,200 Speaker 2: make arrangements or take charge for another who runs the enterprise. 1268 01:00:33,280 --> 01:00:36,000 Speaker 2: We wanted to take that word and explore themes of control. 1269 01:00:36,840 --> 01:00:39,120 Speaker 2: Sometimes you might be the major Domo season the day, 1270 01:00:39,800 --> 01:00:42,360 Speaker 2: and others you are falling from the sky in a box, 1271 01:00:42,480 --> 01:00:48,320 Speaker 2: unable to do ten to them. It's pasted. Oh well, sorry, 1272 01:00:49,720 --> 01:00:56,080 Speaker 2: said there was a thirteen tracks, forty two minutes Politics Time, 1273 01:00:56,360 --> 01:00:58,880 Speaker 2: Politics Wednesday, Jimmy Anderson with us along with Mark Mitchell. 1274 01:00:58,920 --> 01:01:03,640 Speaker 2: Morning to both of you, Journey Mark, I'll ask both 1275 01:01:03,680 --> 01:01:05,800 Speaker 2: of you, but given you on the role currently Mark, 1276 01:01:05,840 --> 01:01:08,640 Speaker 2: this this headhunter's thing. Yesterday, fifteen million dollars worth of 1277 01:01:08,720 --> 01:01:10,680 Speaker 2: assets are having to be seized, et cetera, et cetera. 1278 01:01:11,640 --> 01:01:14,320 Speaker 2: How is there something wrong with the law in this 1279 01:01:14,400 --> 01:01:16,960 Speaker 2: country that needs amending that you can surely see an 1280 01:01:17,000 --> 01:01:19,720 Speaker 2: operation of that size and ask yourself the obvious question, 1281 01:01:19,760 --> 01:01:21,560 Speaker 2: which is I wonder if they went to work to 1282 01:01:21,600 --> 01:01:24,040 Speaker 2: earn all that money, and then having answered it with 1283 01:01:24,120 --> 01:01:27,920 Speaker 2: the word no, why isn't that stuff enacted faster? 1284 01:01:29,360 --> 01:01:31,600 Speaker 8: Well, I mean it is. The law has changed back 1285 01:01:31,640 --> 01:01:34,160 Speaker 8: in two thousand and nine around that the round proceeds 1286 01:01:34,160 --> 01:01:37,440 Speaker 8: of crime. So the outcome that the judges ruling is 1287 01:01:37,520 --> 01:01:40,200 Speaker 8: very very good. Sends a very clear message to gains 1288 01:01:40,240 --> 01:01:43,760 Speaker 8: that if they want to appropriate property through ill gotten games, 1289 01:01:44,240 --> 01:01:45,840 Speaker 8: then the state and the police are going to take 1290 01:01:45,840 --> 01:01:48,800 Speaker 8: ettion on that. But of course we're constantly sort of 1291 01:01:48,800 --> 01:01:51,680 Speaker 8: scanning the horizon and looking at legislation and seeing whether 1292 01:01:51,760 --> 01:01:55,920 Speaker 8: or not it needs improvement, especially in justice and public safety. 1293 01:01:56,200 --> 01:01:58,280 Speaker 2: Jinny, do you argue the laws are fine the way they. 1294 01:01:58,160 --> 01:02:03,720 Speaker 17: Are changed them after most recently in the last couple 1295 01:02:03,760 --> 01:02:05,760 Speaker 17: of years, so that we slipped the owner. So the 1296 01:02:05,840 --> 01:02:09,800 Speaker 17: criminal their cues has to prove what they got was 1297 01:02:09,840 --> 01:02:13,880 Speaker 17: got legally. Was previously you needed forensic accountants to try 1298 01:02:13,920 --> 01:02:17,000 Speaker 17: improve that they'd got it illegally. So it is much 1299 01:02:17,040 --> 01:02:22,040 Speaker 17: easier now for those processes for restraining and forfeiting illegal 1300 01:02:22,080 --> 01:02:22,640 Speaker 17: foot and gains. 1301 01:02:22,960 --> 01:02:25,040 Speaker 2: So is it mark just the wheels of justice turned 1302 01:02:25,040 --> 01:02:28,000 Speaker 2: too slowly? Because I mean that building that's been seized 1303 01:02:28,000 --> 01:02:29,720 Speaker 2: now that that's been there for years. 1304 01:02:30,360 --> 01:02:31,000 Speaker 17: Yes, teams. 1305 01:02:32,720 --> 01:02:34,600 Speaker 8: Yeah, So the short answer is yes, the wheels of 1306 01:02:34,760 --> 01:02:38,560 Speaker 8: justice are turning too slowly, and obviously there's there's a 1307 01:02:38,600 --> 01:02:43,120 Speaker 8: big folks we're doing as the incoming government to make 1308 01:02:43,200 --> 01:02:44,360 Speaker 8: that more efficient. 1309 01:02:44,280 --> 01:02:46,520 Speaker 2: Because it just it's almost struck me as a sort 1310 01:02:46,560 --> 01:02:49,480 Speaker 2: of ironic jinny that I know where these guys get 1311 01:02:49,480 --> 01:02:52,960 Speaker 2: their Harley Davidson's from, and it's not from good legitimate work, 1312 01:02:53,360 --> 01:02:55,160 Speaker 2: so why are they driving them? 1313 01:02:55,960 --> 01:02:59,480 Speaker 17: Were pleased to a good dob and I think flipping 1314 01:02:59,480 --> 01:03:01,600 Speaker 17: that owners so the cronal now has to prove they've 1315 01:03:01,560 --> 01:03:04,240 Speaker 17: got it legally makes it a lot easier for police. 1316 01:03:04,560 --> 01:03:06,800 Speaker 17: I've been to the warehouse where they have all the 1317 01:03:06,840 --> 01:03:09,280 Speaker 17: stuff that have had and they hold it there until 1318 01:03:09,280 --> 01:03:11,800 Speaker 17: the court case is completed. So while they'll take it 1319 01:03:12,040 --> 01:03:14,520 Speaker 17: put it in the warehouse, they still have to go 1320 01:03:14,600 --> 01:03:17,080 Speaker 17: through that process of proving it before they can sell it, 1321 01:03:17,400 --> 01:03:20,160 Speaker 17: and the problem often is it depreciates over that time. 1322 01:03:20,640 --> 01:03:23,280 Speaker 17: But just interestingly in that warehouse is actually a tank. 1323 01:03:23,760 --> 01:03:26,880 Speaker 17: The police have confiscated a tank of someone and it's 1324 01:03:26,880 --> 01:03:29,440 Speaker 17: sitting in there, so waiting for that one to make 1325 01:03:29,480 --> 01:03:30,040 Speaker 17: that soul. 1326 01:03:30,600 --> 01:03:33,600 Speaker 2: Trade me, yeah, you could. You never know what you 1327 01:03:33,640 --> 01:03:38,160 Speaker 2: get for a tank mark, are you sorry? Carry on? 1328 01:03:39,360 --> 01:03:40,960 Speaker 8: Just the other thing that we are doing is that 1329 01:03:41,760 --> 01:03:44,120 Speaker 8: when that legislation went through, a part of the legislation 1330 01:03:44,160 --> 01:03:47,080 Speaker 8: that Jill he was talking about, went through the government's 1331 01:03:47,160 --> 01:03:50,520 Speaker 8: the threshold of thirty thousand dollars above the advice against 1332 01:03:50,880 --> 01:03:53,360 Speaker 8: the advice of the police. The police says we won't. 1333 01:03:53,760 --> 01:03:56,600 Speaker 8: So we're looking at changing that because you know it'll 1334 01:03:56,600 --> 01:03:59,240 Speaker 8: be it'll mean that it's far more effective in terms 1335 01:03:59,240 --> 01:04:01,280 Speaker 8: of being able to cusses ginny. 1336 01:04:01,320 --> 01:04:04,640 Speaker 2: This oil and gas debate, Hipkins comes out yesterday say, 1337 01:04:04,680 --> 01:04:06,560 Speaker 2: if you get back into power, you're going to ban 1338 01:04:06,680 --> 01:04:08,360 Speaker 2: it once again. What do you tell the people who 1339 01:04:08,400 --> 01:04:11,280 Speaker 2: are losing their jobs, you know right now, literally losing 1340 01:04:11,280 --> 01:04:14,160 Speaker 2: their jobs because their employer can't afford to pay power. 1341 01:04:14,520 --> 01:04:16,440 Speaker 2: We don't have the gas, we don't have the supply, 1342 01:04:16,920 --> 01:04:19,520 Speaker 2: and what you were advocating for maybe one day works, 1343 01:04:19,560 --> 01:04:21,600 Speaker 2: that's fantastic. Right now it doesn't. What do you say 1344 01:04:21,640 --> 01:04:21,919 Speaker 2: to them? 1345 01:04:22,800 --> 01:04:25,440 Speaker 17: The problem we have is that there hasn't been any 1346 01:04:25,520 --> 01:04:28,520 Speaker 17: new discovery of guests for over twenty years, and it's 1347 01:04:28,520 --> 01:04:30,800 Speaker 17: not for lack of trying but even if we did 1348 01:04:31,000 --> 01:04:33,920 Speaker 17: find a natural guess, it'd be another five to ten 1349 01:04:34,000 --> 01:04:37,280 Speaker 17: years before it came online. So just pointing to LNG 1350 01:04:37,600 --> 01:04:40,880 Speaker 17: as a solution, it's not going to affect that. The 1351 01:04:40,920 --> 01:04:45,000 Speaker 17: problem we've got is those large generator retailers who are 1352 01:04:45,000 --> 01:04:47,600 Speaker 17: focused on max to my profits and when we have 1353 01:04:47,840 --> 01:04:50,920 Speaker 17: a cold, dry windterilt we've got, they rub their hands 1354 01:04:50,920 --> 01:04:54,080 Speaker 17: because they make a good profit on that. That's the 1355 01:04:54,120 --> 01:04:55,080 Speaker 17: market that's broken. 1356 01:04:55,560 --> 01:04:58,160 Speaker 2: Well, it's okay, So why didn't you fix the market 1357 01:04:58,200 --> 01:04:59,320 Speaker 2: when you had six years to do it? 1358 01:05:01,520 --> 01:05:04,400 Speaker 17: This has been an ongoing This has been an ongoing 1359 01:05:04,440 --> 01:05:07,440 Speaker 17: issue of the generation. And part of the issue is 1360 01:05:07,480 --> 01:05:11,080 Speaker 17: that we need a variety of different ways of addressing it. 1361 01:05:11,240 --> 01:05:13,360 Speaker 17: So you need solar, you need one, you need GFRM 1362 01:05:13,480 --> 01:05:16,320 Speaker 17: or and so there are a number of projects that 1363 01:05:16,440 --> 01:05:21,280 Speaker 17: have been consented that are a new ways of generating electricity. 1364 01:05:21,320 --> 01:05:23,200 Speaker 2: Genny, this is all the theory. This is what I've 1365 01:05:23,240 --> 01:05:24,800 Speaker 2: been hearing from you for the last six years. And 1366 01:05:24,840 --> 01:05:26,320 Speaker 2: I get I mean, I disagree with you that the 1367 01:05:26,320 --> 01:05:29,360 Speaker 2: market's broken, but be that as it may. The fact 1368 01:05:29,440 --> 01:05:33,000 Speaker 2: is right here, right now, we cannot produce power in 1369 01:05:33,000 --> 01:05:36,520 Speaker 2: this country that companies can afford and people are losing 1370 01:05:36,560 --> 01:05:37,880 Speaker 2: their jobs to those people. 1371 01:05:37,960 --> 01:05:41,640 Speaker 17: You say, what, it's a significant problem for New Zealand, 1372 01:05:41,720 --> 01:05:46,040 Speaker 17: and we need to invest in more solar, more people 1373 01:05:46,120 --> 01:05:49,959 Speaker 17: being able to generate schools, hospitals. That's that's the way 1374 01:05:50,000 --> 01:05:53,240 Speaker 17: forward is to have other forms of generation that's not 1375 01:05:53,360 --> 01:05:57,000 Speaker 17: relyingt on hydro and to diversify that. And we will 1376 01:05:57,040 --> 01:06:01,000 Speaker 17: have we need to have more cross hardy agreement on 1377 01:06:01,080 --> 01:06:01,760 Speaker 17: how we get here. 1378 01:06:01,960 --> 01:06:03,760 Speaker 2: Okay, Mark, I'll give you your say in a moment, 1379 01:06:03,800 --> 01:06:06,440 Speaker 2: Mark Minchell, Jinny Anderson, thirteen past the. 1380 01:06:06,600 --> 01:06:11,680 Speaker 1: Mike Hosking Breakfast Full Show podcast on iheartradiow it by News. 1381 01:06:11,440 --> 01:06:13,520 Speaker 2: Talks it Be you talked to me sixteen past eight 1382 01:06:13,560 --> 01:06:16,160 Speaker 2: Politics Wednesday, Mark Mitchell, Jinny Anderson, Mark, you say what 1383 01:06:16,200 --> 01:06:16,800 Speaker 2: in the oil and. 1384 01:06:16,760 --> 01:06:22,360 Speaker 8: Gas a look, energy shortages are driving electricity prices higher, 1385 01:06:23,040 --> 01:06:25,960 Speaker 8: so you know we have to take it. Should secure abundant, 1386 01:06:25,960 --> 01:06:29,840 Speaker 8: affordable energy that families and businesses can rely on and 1387 01:06:29,960 --> 01:06:33,560 Speaker 8: actually have certainty around. And luckily most families have been 1388 01:06:33,560 --> 01:06:36,240 Speaker 8: insulated by the recent price sites, but the impact on 1389 01:06:36,320 --> 01:06:40,080 Speaker 8: businesses has been significant. And at the end of the day, 1390 01:06:40,080 --> 01:06:42,520 Speaker 8: our plan is to unleash the energy we need. Mike 1391 01:06:42,840 --> 01:06:45,920 Speaker 8: whether it's renewable soul or wind and hydro or the 1392 01:06:46,080 --> 01:06:48,680 Speaker 8: natural guests. We need to keep your light on instead 1393 01:06:48,720 --> 01:06:50,120 Speaker 8: of dirty Indonesian cold. 1394 01:06:50,320 --> 01:06:53,360 Speaker 2: Problem you've got now is in trying and Shane Jones 1395 01:06:53,360 --> 01:06:55,400 Speaker 2: has talked about this a lot in the house. Is 1396 01:06:55,400 --> 01:06:56,720 Speaker 2: the problem is you've got to go out into the 1397 01:06:56,760 --> 01:06:58,880 Speaker 2: world and you go, right, we're open for business, come 1398 01:06:58,920 --> 01:07:01,560 Speaker 2: on and there as the lice and start exploring why 1399 01:07:01,600 --> 01:07:04,760 Speaker 2: would they When Hipkins yesterday said, the moment we get back, 1400 01:07:04,800 --> 01:07:05,200 Speaker 2: it's off. 1401 01:07:06,280 --> 01:07:08,919 Speaker 8: So Jinny Anderson just said this should be a bipartisan 1402 01:07:08,920 --> 01:07:12,200 Speaker 8: approach to this. Totally agree. So let's see them step 1403 01:07:12,240 --> 01:07:14,320 Speaker 8: forward so that we'll agree to give us some certainly, 1404 01:07:14,400 --> 01:07:16,440 Speaker 8: so that we can get the investment that we need 1405 01:07:16,480 --> 01:07:18,760 Speaker 8: our energy sector, so that we're not placed in a 1406 01:07:18,800 --> 01:07:21,320 Speaker 8: position like we're a banana a public and we can't 1407 01:07:21,320 --> 01:07:23,040 Speaker 8: deliver the energy that we need in our country. 1408 01:07:23,080 --> 01:07:24,959 Speaker 2: And that's the problem though, Jinny, isn't it with with 1409 01:07:25,160 --> 01:07:27,600 Speaker 2: bipartisan approaches, you've got to be sort of in the 1410 01:07:27,640 --> 01:07:31,240 Speaker 2: same room on this. You're not, you do you do? 1411 01:07:31,480 --> 01:07:33,480 Speaker 17: And part of the aue we have is the fact 1412 01:07:33,520 --> 01:07:36,760 Speaker 17: that they haven't found any LNG for twenty years and 1413 01:07:36,800 --> 01:07:38,640 Speaker 17: even if you forget it, it's not going to suck 1414 01:07:38,720 --> 01:07:41,400 Speaker 17: the current problem. So you need a mixture. And I 1415 01:07:41,400 --> 01:07:45,640 Speaker 17: think that's we're investing in bigger solar projects and wind 1416 01:07:45,880 --> 01:07:49,440 Speaker 17: is important to New Zealand given our geography and the 1417 01:07:49,480 --> 01:07:52,760 Speaker 17: benefits we have for generating energy. But I think it's 1418 01:07:53,160 --> 01:07:57,600 Speaker 17: it's unacceptable. It's completely unacceptable that we have big scale 1419 01:07:57,680 --> 01:08:01,520 Speaker 17: businesses in New Zealand that's limiting productivity because we weren't 1420 01:08:01,520 --> 01:08:03,440 Speaker 17: there and able to get the power. They need to 1421 01:08:03,480 --> 01:08:05,000 Speaker 17: keep it exactly. 1422 01:08:04,480 --> 01:08:06,800 Speaker 8: But do we accept it all your energy policies. 1423 01:08:07,800 --> 01:08:09,480 Speaker 17: No, I do not think that. Mark You know that 1424 01:08:09,600 --> 01:08:12,480 Speaker 17: because you know the twenty years we didn't put LNG. 1425 01:08:12,720 --> 01:08:15,160 Speaker 17: So you can cross fingers and hope they're going to 1426 01:08:15,200 --> 01:08:18,559 Speaker 17: find some LNG and great, you know if you do that, 1427 01:08:18,920 --> 01:08:21,519 Speaker 17: but the chances are pretty limited. That's not the solution 1428 01:08:21,640 --> 01:08:24,040 Speaker 17: to the problem we're face. And if you think it's, 1429 01:08:24,320 --> 01:08:25,080 Speaker 17: we're never going to move. 1430 01:08:25,240 --> 01:08:27,439 Speaker 2: But here, just let me step in the middle. You 1431 01:08:27,439 --> 01:08:29,640 Speaker 2: guys seem to be an agreement. We're all actually, we 1432 01:08:29,720 --> 01:08:32,519 Speaker 2: all seem to be an agreement. Renewables are a good idea, 1433 01:08:32,600 --> 01:08:34,559 Speaker 2: and if we all had solar and we all had wind, 1434 01:08:34,560 --> 01:08:36,200 Speaker 2: and we all had some hydro and stuff. All of 1435 01:08:36,200 --> 01:08:39,599 Speaker 2: that's fantastic, but the problem is we don't and we've 1436 01:08:39,600 --> 01:08:43,639 Speaker 2: been caught badly short in the transitionary period. And part 1437 01:08:43,680 --> 01:08:45,479 Speaker 2: of the answers lerg and part of the answers something 1438 01:08:45,560 --> 01:08:47,320 Speaker 2: you see what I'm see what I'm saying. So what 1439 01:08:47,360 --> 01:08:51,400 Speaker 2: you're still arguing ideology, Jinny, But people are losing their 1440 01:08:51,479 --> 01:08:52,840 Speaker 2: jobs while you argue it. 1441 01:08:53,680 --> 01:08:56,760 Speaker 8: That's right, and you need a transition fuel and we 1442 01:08:56,800 --> 01:08:58,800 Speaker 8: do have natural guests and that's what we should be 1443 01:08:58,880 --> 01:09:02,920 Speaker 8: using instead of uh coal, and that's it's just it's 1444 01:09:02,920 --> 01:09:05,800 Speaker 8: it's ironic. It's ridiculous that you've got, especially a labor 1445 01:09:05,800 --> 01:09:08,759 Speaker 8: government supported by the Greens, that we're having to important 1446 01:09:08,760 --> 01:09:10,479 Speaker 8: news coal when we've got natural guess. So there is 1447 01:09:10,560 --> 01:09:13,600 Speaker 8: natural guess available and it's our transition energy and we 1448 01:09:13,600 --> 01:09:17,120 Speaker 8: should have been using it instead of having I don't 1449 01:09:17,120 --> 01:09:21,000 Speaker 8: know it and canceled and you and you canceled any 1450 01:09:21,040 --> 01:09:23,880 Speaker 8: exploration or any harvesting of a get a fuel that 1451 01:09:23,880 --> 01:09:24,679 Speaker 8: we actually need. 1452 01:09:24,880 --> 01:09:25,880 Speaker 13: In no, we didn't. 1453 01:09:25,920 --> 01:09:26,360 Speaker 9: We stopped. 1454 01:09:26,880 --> 01:09:30,760 Speaker 17: We stopt new license. So I was looking at you, Jilly. 1455 01:09:30,800 --> 01:09:33,400 Speaker 2: Once again, that's ideology. All the people with licenses gave 1456 01:09:33,439 --> 01:09:35,280 Speaker 2: them back. They're packed up and went home. They saw 1457 01:09:35,400 --> 01:09:36,840 Speaker 2: there's no fu We're gone. 1458 01:09:37,200 --> 01:09:39,080 Speaker 8: What would you so? 1459 01:09:39,120 --> 01:09:41,599 Speaker 17: What what isn't your government addressed in solar power? Why 1460 01:09:41,600 --> 01:09:43,720 Speaker 17: don't we give schools hospital. 1461 01:09:46,560 --> 01:09:50,800 Speaker 8: We're first, but they're a large but they're a lug 1462 01:09:50,880 --> 01:09:55,320 Speaker 8: process problems. But the problem is the problem is this 1463 01:09:55,479 --> 01:09:58,760 Speaker 8: j If there's no sun and there's no rain and 1464 01:09:58,840 --> 01:10:02,240 Speaker 8: there's no wind, then what do you need a transition 1465 01:10:02,520 --> 01:10:06,879 Speaker 8: energy that is able to fill the gap? And policies 1466 01:10:07,080 --> 01:10:08,360 Speaker 8: put us in an awful position. 1467 01:10:10,640 --> 01:10:15,000 Speaker 2: Quick question before we end, Mark Carmel Seppaloni double dipping 1468 01:10:15,080 --> 01:10:16,560 Speaker 2: on Treasure Island scandal or not? 1469 01:10:18,360 --> 01:10:18,960 Speaker 8: No comment? 1470 01:10:19,960 --> 01:10:25,640 Speaker 2: Why if she wants to, if she wants to as 1471 01:10:25,680 --> 01:10:27,120 Speaker 2: a politician. If you want to go and do some 1472 01:10:27,200 --> 01:10:29,200 Speaker 2: television and get paid for that while you're being paid 1473 01:10:29,200 --> 01:10:31,080 Speaker 2: as an MP, that's okay according to you. 1474 01:10:32,680 --> 01:10:34,519 Speaker 8: That's something for the Labor Party and for the lead 1475 01:10:34,560 --> 01:10:36,599 Speaker 8: of the Labor Party to sort out and figure out. 1476 01:10:37,360 --> 01:10:39,200 Speaker 8: But you know, we're paid to do a job. It's 1477 01:10:39,240 --> 01:10:41,000 Speaker 8: a serious job and you should take it seriously. 1478 01:10:42,080 --> 01:10:44,280 Speaker 17: She donates for that time to charity. 1479 01:10:44,520 --> 01:10:47,280 Speaker 2: Yeah, but that's once everyone said, hey, how come you 1480 01:10:47,360 --> 01:10:50,040 Speaker 2: double dipping? She and she suddenly discovered a charity she 1481 01:10:50,160 --> 01:10:50,840 Speaker 2: was going to give to. 1482 01:10:53,640 --> 01:10:55,880 Speaker 17: Her appearance and too salary at the time. 1483 01:10:56,160 --> 01:10:59,960 Speaker 2: Right, do you have time to appear on television reality television? 1484 01:11:00,760 --> 01:11:02,280 Speaker 17: I know, but I would definitely watch it if you 1485 01:11:02,360 --> 01:11:04,400 Speaker 17: were on Mike, because if you're Entry Royland, I think 1486 01:11:04,400 --> 01:11:05,320 Speaker 17: everyone would watch that. 1487 01:11:05,600 --> 01:11:08,320 Speaker 8: It would be really you'd take it out more. It's 1488 01:11:08,360 --> 01:11:09,639 Speaker 8: no question, there's no question. 1489 01:11:09,960 --> 01:11:13,080 Speaker 2: That's no question. I wanted, of course so great and 1490 01:11:13,400 --> 01:11:14,920 Speaker 2: I don't know how you give you guys, you're so 1491 01:11:15,040 --> 01:11:16,719 Speaker 2: off track. Ginny Anderson, Mark Mitchell. 1492 01:11:16,760 --> 01:11:20,200 Speaker 1: It is a twenty one The Mike Costing Breakfast with 1493 01:11:20,479 --> 01:11:22,840 Speaker 1: Bailey's Real Estate, News Talk Zibby. 1494 01:11:24,280 --> 01:11:25,599 Speaker 2: News Talks twenty. 1495 01:11:25,400 --> 01:11:31,760 Speaker 1: Four win five thousand dollars for Father's Day thanks to 1496 01:11:31,880 --> 01:11:35,840 Speaker 1: Chemist Warehouse, the Real House of Fragrances and News Talk Zibby. 1497 01:11:36,520 --> 01:11:39,400 Speaker 2: Here we go with number three. Yesterday's answer, Olivian william 1498 01:11:39,400 --> 01:11:42,360 Speaker 2: Who's the daily Christ of the Luction? Of course, Raquel Lewis. 1499 01:11:42,479 --> 01:11:46,280 Speaker 2: Raquel Lewis, five hundred dollars. Congratulations to you everyone who's 1500 01:11:46,400 --> 01:11:47,760 Speaker 2: entered so far, By the way, is still in the 1501 01:11:47,840 --> 01:11:50,640 Speaker 2: drawer for Friday's five thousand dollars from Chemists warehouse for 1502 01:11:50,680 --> 01:11:53,000 Speaker 2: Father's Day. The real house fragrances, of course, buy a 1503 01:11:53,040 --> 01:11:55,880 Speaker 2: lot of fragrances for five thousand dollars. News talk zib 1504 01:11:55,960 --> 01:11:58,439 Speaker 2: dot co dot m z Ford slash win is where 1505 01:11:58,479 --> 01:12:00,960 Speaker 2: you're going. Use talk zibb co dot mz for a 1506 01:12:01,040 --> 01:12:03,960 Speaker 2: slash win. Today's question for the five hundred dollars draw 1507 01:12:04,000 --> 01:12:06,920 Speaker 2: that will announce the winner of tomorrow, Which former Hurricane 1508 01:12:07,600 --> 01:12:12,280 Speaker 2: and Taranaki rugby player is dadah to three current All 1509 01:12:12,320 --> 01:12:15,640 Speaker 2: Blacks including the team captain. So answer that on the 1510 01:12:15,640 --> 01:12:17,920 Speaker 2: website and we'll make the draw tomorrow for five hundred 1511 01:12:17,920 --> 01:12:21,439 Speaker 2: dollars and everyone goes into the draw for Friday for 1512 01:12:21,640 --> 01:12:24,200 Speaker 2: the five thousand dollars worth the compliments of the very 1513 01:12:24,280 --> 01:12:28,320 Speaker 2: nice people. Father's Day at Chemist Warehouse A twenty five. Now, Mike, 1514 01:12:28,840 --> 01:12:30,679 Speaker 2: there's no chance of finding Ellen Gee. Why the labor 1515 01:12:30,720 --> 01:12:31,560 Speaker 2: government gets looking for it? 1516 01:12:31,800 --> 01:12:32,280 Speaker 8: That was it? 1517 01:12:32,280 --> 01:12:33,760 Speaker 2: If I could be bother making the point, I would 1518 01:12:33,760 --> 01:12:35,799 Speaker 2: have made the point, and that is as a government, 1519 01:12:35,920 --> 01:12:38,719 Speaker 2: I would take the exploratory license fee. Plenty of people 1520 01:12:38,720 --> 01:12:39,960 Speaker 2: in the world want to pay you money to go 1521 01:12:40,040 --> 01:12:41,439 Speaker 2: and have a look. You go, no problem at all, 1522 01:12:41,479 --> 01:12:42,840 Speaker 2: go have a look at They don't find anything. They 1523 01:12:42,880 --> 01:12:45,560 Speaker 2: don't find anything, the risk is on them and so 1524 01:12:45,680 --> 01:12:47,760 Speaker 2: there's no harm to the environment looking And so why 1525 01:12:47,800 --> 01:12:49,560 Speaker 2: they didn't do that, I don't know. And you never know, 1526 01:12:49,760 --> 01:12:51,599 Speaker 2: you might find some gas and you might actually solve 1527 01:12:51,640 --> 01:12:56,200 Speaker 2: the problem. Is this a scandal? And this goes back 1528 01:12:56,240 --> 01:12:58,160 Speaker 2: to what we were talking about to a degree yesterday 1529 01:12:58,200 --> 01:13:00,439 Speaker 2: with Brook van Velden, who's announced Part two of the 1530 01:13:00,479 --> 01:13:03,200 Speaker 2: COVID inquiry in this country. Part one, of course not 1531 01:13:03,280 --> 01:13:05,639 Speaker 2: being remotely comprehensive, but not covering some of the issues 1532 01:13:05,640 --> 01:13:07,679 Speaker 2: that we want to cover. So they've had to introduce 1533 01:13:07,720 --> 01:13:10,599 Speaker 2: Part two and that will deal with vaccines and all 1534 01:13:10,640 --> 01:13:14,080 Speaker 2: that sort of stuff. Zuckerberg this morning, in a letter 1535 01:13:14,280 --> 01:13:20,280 Speaker 2: to the American Authorities. US House Committee chair, has said 1536 01:13:20,320 --> 01:13:23,680 Speaker 2: he regrets bowing to what he calls pressure from the 1537 01:13:23,720 --> 01:13:28,799 Speaker 2: Biden administration to sense a content during the pandemic. Some material, 1538 01:13:28,920 --> 01:13:31,439 Speaker 2: including human satire, was taken down in twenty twenty one, 1539 01:13:31,560 --> 01:13:35,920 Speaker 2: under pressure, his firm briefly demoted content. Now this is 1540 01:13:36,439 --> 01:13:38,840 Speaker 2: this is where it gets separated out and slightly scandalous. 1541 01:13:39,479 --> 01:13:44,800 Speaker 2: His firm briefly demoted content relating to Hunter Biden ahead 1542 01:13:44,800 --> 01:13:47,439 Speaker 2: of the twenty twenty election. After the FBI warned of 1543 01:13:47,560 --> 01:13:51,760 Speaker 2: a potential Russian disinformation operation. I think the inferences there. 1544 01:13:52,640 --> 01:13:55,160 Speaker 2: The FBI came to them and said, hey, listen all 1545 01:13:55,200 --> 01:13:57,559 Speaker 2: the stuff on Hunter. We suspect it could well be Russian. 1546 01:13:57,600 --> 01:13:59,080 Speaker 2: I don't think you want to be pumping that left 1547 01:13:59,120 --> 01:14:03,480 Speaker 2: right and center because an election coming up. Did Zuckerberg 1548 01:14:03,600 --> 01:14:08,559 Speaker 2: go it's not Russian, Hunter's crook? Or did he go, well, 1549 01:14:08,640 --> 01:14:11,000 Speaker 2: it could be Russian, so I might do something about it. 1550 01:14:11,240 --> 01:14:13,439 Speaker 2: It later became clear the content was not part of 1551 01:14:13,520 --> 01:14:16,639 Speaker 2: such an operation. It should not have been temporarily taken down. 1552 01:14:16,760 --> 01:14:21,240 Speaker 2: He now argues Government Pressurrey says was wrong. We made 1553 01:14:21,280 --> 01:14:23,879 Speaker 2: some choices that, with the benefit of hindsight and new information, 1554 01:14:24,120 --> 01:14:26,400 Speaker 2: we would not make today. I think that's the whole 1555 01:14:26,479 --> 01:14:29,040 Speaker 2: lesson of COVID, really, isn't it. You know, how much 1556 01:14:29,360 --> 01:14:33,080 Speaker 2: would we do differently today with the benefit of hindsight, 1557 01:14:33,280 --> 01:14:36,759 Speaker 2: And so that applies to government, it depies to social media, 1558 01:14:37,160 --> 01:14:41,440 Speaker 2: it applies to conspiracy theorists. The whole kitten kaboodle Australia 1559 01:14:41,760 --> 01:14:44,439 Speaker 2: and Stephen Price is but moments away after the news, 1560 01:14:44,479 --> 01:14:47,200 Speaker 2: which is next. You're on the mic Hosking Breakfast. 1561 01:14:49,320 --> 01:14:53,519 Speaker 1: Your trusted source for news and fused the mic Hosking 1562 01:14:53,640 --> 01:14:57,839 Speaker 1: breakfast with the range Rover vi La designed to intrigue 1563 01:14:57,880 --> 01:14:58,960 Speaker 1: and use togs EDB. 1564 01:14:59,040 --> 01:15:02,479 Speaker 2: Mike went to Christape at Minute Maid Stadium in Houston 1565 01:15:02,560 --> 01:15:05,000 Speaker 2: Saturday night. The Man has the Voice of an Angel 1566 01:15:05,040 --> 01:15:07,200 Speaker 2: played all the hits, opened with White Horse, finished with 1567 01:15:07,280 --> 01:15:10,000 Speaker 2: Tennessee Whiskey, before returning to play Traveler for an uncore 1568 01:15:10,080 --> 01:15:12,760 Speaker 2: Miranda Lambert. You never heard of her. There's a voice. 1569 01:15:13,200 --> 01:15:15,000 Speaker 2: She opens. She has a lot of fun, huge catalog 1570 01:15:15,080 --> 01:15:17,599 Speaker 2: work from the last twenty years. They sung together later 1571 01:15:17,680 --> 01:15:19,720 Speaker 2: in the evening. Country music renaissance will carry on for 1572 01:15:19,760 --> 01:15:22,080 Speaker 2: a long time with the current crop of artists collaborating together, 1573 01:15:22,240 --> 01:15:25,120 Speaker 2: enjoying and sharing their talents with the world. A very 1574 01:15:25,280 --> 01:15:27,840 Speaker 2: special night. Glad He's coming to New Zealand next year. 1575 01:15:28,000 --> 01:15:31,439 Speaker 2: Yes he is and I am super super Jelly twenty 1576 01:15:31,479 --> 01:15:32,439 Speaker 2: three minutes away from. 1577 01:15:32,400 --> 01:15:37,320 Speaker 11: Nine International Correspondence with ends and eye Insurance, Peace of 1578 01:15:37,439 --> 01:15:38,679 Speaker 11: mind for New Zealand Business. 1579 01:15:39,000 --> 01:15:41,600 Speaker 2: The table Street last morning to you, hey, back to 1580 01:15:41,600 --> 01:15:44,360 Speaker 2: the morning now. The Greens and the Unions and how 1581 01:15:44,680 --> 01:15:46,560 Speaker 2: just tell me about the protest yesterday and all the 1582 01:15:46,720 --> 01:15:48,720 Speaker 2: unions and the Greens tie up on the main and 1583 01:15:48,800 --> 01:15:49,920 Speaker 2: all that, where are we at with that? 1584 01:15:51,479 --> 01:15:51,639 Speaker 8: Well? 1585 01:15:51,640 --> 01:15:53,639 Speaker 10: The union protest was to see a f MEU around 1586 01:15:53,680 --> 01:15:58,280 Speaker 10: the country. Biggest turn out not surprisingly Melbourne. They expected 1587 01:15:58,640 --> 01:16:02,120 Speaker 10: eight thousand. I think they got sixty. Pretty peaceful, but 1588 01:16:02,680 --> 01:16:04,920 Speaker 10: it meant that there was no building activity at all 1589 01:16:04,960 --> 01:16:09,639 Speaker 10: across Victoria yesterday they warned any building side you pour concrete, 1590 01:16:09,680 --> 01:16:13,680 Speaker 10: then you'd have us to answer for. This is not surprising. 1591 01:16:13,720 --> 01:16:15,880 Speaker 10: I mean to see if they used people put into administration. 1592 01:16:16,320 --> 01:16:18,720 Speaker 10: Two hundred and seventy of their executives or people that 1593 01:16:18,840 --> 01:16:21,920 Speaker 10: run the front office have been stood down. They've got 1594 01:16:22,000 --> 01:16:26,040 Speaker 10: a job no longer. And this is Canberra flexing muscles 1595 01:16:26,120 --> 01:16:29,200 Speaker 10: over that nine report that you and I spoke about 1596 01:16:29,280 --> 01:16:33,320 Speaker 10: where Vikings had got involved and the whole corruption in construction. 1597 01:16:33,600 --> 01:16:35,640 Speaker 10: So they're not going to go away. They're not going 1598 01:16:35,680 --> 01:16:39,639 Speaker 10: to go quietly. The biggest impact on federal labor will 1599 01:16:39,720 --> 01:16:44,559 Speaker 10: be if they withhold any political donations. Now will they 1600 01:16:44,640 --> 01:16:47,240 Speaker 10: do that potentially? And if they do, there's a big 1601 01:16:47,280 --> 01:16:50,960 Speaker 10: hole in an election budget that the Labor Party would 1602 01:16:51,000 --> 01:16:53,400 Speaker 10: want to use and that applies to every state government 1603 01:16:53,479 --> 01:16:56,800 Speaker 10: the country as well as for the Greens. Now, Adam 1604 01:16:56,880 --> 01:16:58,840 Speaker 10: Van's going to make a speech at the Press Club 1605 01:16:58,920 --> 01:17:01,800 Speaker 10: in Canberra today. The Australian has got a prevy of 1606 01:17:01,880 --> 01:17:05,040 Speaker 10: that speech and I just filled with horror at the 1607 01:17:05,120 --> 01:17:08,800 Speaker 10: prospect that Australia in an election might end up with 1608 01:17:09,080 --> 01:17:12,080 Speaker 10: a minority Labor government. Now that's a real possibility. All 1609 01:17:12,120 --> 01:17:15,320 Speaker 10: the Poles are saying, Mike, that's probably what will happen. 1610 01:17:15,760 --> 01:17:19,000 Speaker 10: So how would that look? Well, Labor claims it will 1611 01:17:19,040 --> 01:17:22,160 Speaker 10: never deal with the Greens. Maybe this speech today will 1612 01:17:22,240 --> 01:17:24,720 Speaker 10: convince Antony alberniez he not only to say that, but 1613 01:17:24,880 --> 01:17:27,120 Speaker 10: to do that. He's got the option of dealing with 1614 01:17:27,200 --> 01:17:29,880 Speaker 10: the Teals. But it depends how the cards fall. Banned 1615 01:17:30,320 --> 01:17:32,959 Speaker 10: will say today he wants a five hundred and fourteen 1616 01:17:33,680 --> 01:17:39,920 Speaker 10: billion dollar tax hit surprise, surprise, on big business in 1617 01:17:40,080 --> 01:17:43,600 Speaker 10: return for the Greens supporting any Labor government in a 1618 01:17:43,680 --> 01:17:47,680 Speaker 10: hung parliament. It's been called the robin Hood Reform. And 1619 01:17:48,040 --> 01:17:53,200 Speaker 10: he will say in the Press Club today that forty 1620 01:17:53,280 --> 01:17:57,920 Speaker 10: percent tax will be put on companies who have excessive profits. 1621 01:17:58,640 --> 01:18:01,280 Speaker 10: Now this includes and he named them in this speech. 1622 01:18:01,320 --> 01:18:07,280 Speaker 10: According to today's report, West Farmers that owns Bunnings, Telstra, Woolworths, Coles, JB, 1623 01:18:07,479 --> 01:18:10,920 Speaker 10: High Fight and Ampop. Now I'm no economist, as you know, 1624 01:18:11,600 --> 01:18:14,160 Speaker 10: but if you run through that line, that's going to 1625 01:18:14,240 --> 01:18:17,439 Speaker 10: mean your petrol's more expensive, all of your electronics are 1626 01:18:17,479 --> 01:18:21,280 Speaker 10: more expensive, your food, your phone bill and anything you'd 1627 01:18:21,360 --> 01:18:23,800 Speaker 10: go to Bunnings to buy at the weekend. I mean, 1628 01:18:23,840 --> 01:18:27,080 Speaker 10: this bloke is a lunatic. He tried to do this 1629 01:18:27,200 --> 01:18:30,679 Speaker 10: in the last selection with his mining super profits tax 1630 01:18:31,280 --> 01:18:34,360 Speaker 10: and that just ended disaster with the mining industry running 1631 01:18:34,400 --> 01:18:37,840 Speaker 10: a big ad campaign. So Adam Bant typically what he 1632 01:18:37,960 --> 01:18:40,960 Speaker 10: says he needs to do is rob from the rich 1633 01:18:41,280 --> 01:18:43,559 Speaker 10: or take from the rich and give to the poor. 1634 01:18:43,800 --> 01:18:45,920 Speaker 2: And what is excessive and who decides and how do 1635 01:18:46,000 --> 01:18:46,439 Speaker 2: you measure it? 1636 01:18:47,760 --> 01:18:50,280 Speaker 10: Well, he'll put a number on it. He will say 1637 01:18:50,360 --> 01:18:52,679 Speaker 10: that the big four banks, for example, are making billions 1638 01:18:52,680 --> 01:18:55,120 Speaker 10: of dollars in profits. That's not healthy, so we need 1639 01:18:55,200 --> 01:18:57,320 Speaker 10: to tax them more. So he will put a ceiling 1640 01:18:57,800 --> 01:19:02,200 Speaker 10: on he Adam Bant, a Green member for Melbourne. We 1641 01:19:02,200 --> 01:19:04,559 Speaker 10: will decide how much money, how much profit a company 1642 01:19:04,600 --> 01:19:04,880 Speaker 10: can they? 1643 01:19:05,160 --> 01:19:08,080 Speaker 2: Well, unreal, then we got the gold mine. See I 1644 01:19:08,080 --> 01:19:09,400 Speaker 2: can never quite work out. And I was ringing the 1645 01:19:09,439 --> 01:19:11,760 Speaker 2: BHP result yesterday and all the mining you do in 1646 01:19:11,800 --> 01:19:13,599 Speaker 2: the iron, all you make the et cetera, et cetera. 1647 01:19:13,640 --> 01:19:14,960 Speaker 2: And then all of a sudden you go down and 1648 01:19:15,240 --> 01:19:17,680 Speaker 2: close a close a billion dollar gold mine because one 1649 01:19:17,720 --> 01:19:19,679 Speaker 2: person mins yep. 1650 01:19:19,800 --> 01:19:22,120 Speaker 10: And this is in New South Wales, central West. There's 1651 01:19:22,160 --> 01:19:24,400 Speaker 10: lots of mining activity out there. It's a company called 1652 01:19:24,439 --> 01:19:27,760 Speaker 10: Regius Resources. They had this gold mine project. They thought 1653 01:19:27,760 --> 01:19:30,880 Speaker 10: it'd been tipped up, all the environmental ticks, and then 1654 01:19:30,920 --> 01:19:35,320 Speaker 10: along came the nearly installed Environment Minister, Tanya Pu the 1655 01:19:35,400 --> 01:19:38,800 Speaker 10: sex She said she had spoken to the local indigenous 1656 01:19:39,320 --> 01:19:42,680 Speaker 10: grouping and they have told her that the tailings dam 1657 01:19:42,800 --> 01:19:46,800 Speaker 10: on this mine is on indigenous land that needs to 1658 01:19:46,840 --> 01:19:50,880 Speaker 10: be protected. No one else, including the local community of 1659 01:19:51,120 --> 01:19:54,040 Speaker 10: the indigenous elders, has complained about it. They were all 1660 01:19:54,080 --> 01:19:56,760 Speaker 10: looking forward to the jobs and so this billion dollar 1661 01:19:56,880 --> 01:19:59,800 Speaker 10: mine goes out the window. Prime Minister has asked about 1662 01:19:59,840 --> 01:20:03,080 Speaker 10: it yesterday and he said, oh, well, you know it's 1663 01:20:03,160 --> 01:20:07,360 Speaker 10: not all over. We can potentially still you put this 1664 01:20:07,520 --> 01:20:10,200 Speaker 10: mine on if we find an alternative for this tailing 1665 01:20:10,280 --> 01:20:12,920 Speaker 10: stamd Well, the mining company says, hang on, there is 1666 01:20:13,000 --> 01:20:16,200 Speaker 10: no alternative. We've been through all these processes. The locals 1667 01:20:16,280 --> 01:20:18,559 Speaker 10: in that area screaming people in the pub last night 1668 01:20:18,600 --> 01:20:21,360 Speaker 10: when interviewed saying well, we only stayed in this community 1669 01:20:21,360 --> 01:20:23,280 Speaker 10: because we thought this project was going to go ahead. 1670 01:20:23,880 --> 01:20:26,840 Speaker 10: It is just that if you look at the wider problem, 1671 01:20:27,120 --> 01:20:30,240 Speaker 10: the Environment Minister has far too much power and she's 1672 01:20:30,320 --> 01:20:33,320 Speaker 10: using what's called a Section ten and the mining industry 1673 01:20:33,360 --> 01:20:35,719 Speaker 10: in this country today is very upset. 1674 01:20:36,080 --> 01:20:40,280 Speaker 2: Where broadly does Australia sit on mining and digging stuff 1675 01:20:40,320 --> 01:20:42,760 Speaker 2: out of the ground and oil and gas and is 1676 01:20:42,840 --> 01:20:45,439 Speaker 2: it out of step with the labor government of the day. 1677 01:20:46,160 --> 01:20:47,760 Speaker 10: Yeah, the majority of people love it. I mean it 1678 01:20:47,920 --> 01:20:53,120 Speaker 10: provides unbelievable jobs. Without mining royalties, the governments of Queensland 1679 01:20:53,160 --> 01:20:56,040 Speaker 10: and Wa would be broke. They're not. They're actually the 1680 01:20:56,120 --> 01:20:58,879 Speaker 10: best economies in the country because of those mining royalties. 1681 01:21:00,240 --> 01:21:03,800 Speaker 10: You've got the green movement that is vocal. You've got 1682 01:21:03,880 --> 01:21:07,479 Speaker 10: younger Australians who have been brainwashed into thinking anything out 1683 01:21:07,520 --> 01:21:09,439 Speaker 10: of the ground's a bad thing to do. But the 1684 01:21:09,479 --> 01:21:12,280 Speaker 10: Australian economy used to rely on the back of a 1685 01:21:12,360 --> 01:21:15,960 Speaker 10: sheet that now relies on mining. Without mining, we can't 1686 01:21:16,240 --> 01:21:21,000 Speaker 10: provide the hospitals and the education that Australians need. It's 1687 01:21:21,080 --> 01:21:23,639 Speaker 10: just a simple argument, mister. 1688 01:21:23,600 --> 01:21:27,360 Speaker 2: Are you have they found the people who had a 1689 01:21:27,400 --> 01:21:27,840 Speaker 2: go at him. 1690 01:21:28,920 --> 01:21:34,280 Speaker 10: No, and will they probably not Tarek Aub you speak 1691 01:21:34,360 --> 01:21:37,160 Speaker 10: of now. The reason this story is so intriguing for 1692 01:21:37,240 --> 01:21:39,800 Speaker 10: all of us is he was known as quote the 1693 01:21:40,000 --> 01:21:43,720 Speaker 10: angel of Death. Now that's quite a nickname, isn't it. 1694 01:21:43,800 --> 01:21:45,920 Speaker 10: He was gunned down three point thirty in the morning. 1695 01:21:46,400 --> 01:21:48,400 Speaker 10: I love this how this has described. He was gunned 1696 01:21:48,400 --> 01:21:51,800 Speaker 10: down as he left the apartment of a female acquaintance, 1697 01:21:52,720 --> 01:21:55,519 Speaker 10: so clearly these boats have been tailing him for some time. 1698 01:21:56,760 --> 01:21:59,200 Speaker 8: He was involved in the death of a bloke called. 1699 01:21:59,040 --> 01:22:02,759 Speaker 10: Alan Moradian at Bondi Junction. You might remember those TV picus, 1700 01:22:02,760 --> 01:22:05,200 Speaker 10: Remember the guy sitting having breakfast, Yes, and suddenly a 1701 01:22:05,240 --> 01:22:08,000 Speaker 10: gunman turned up and let loose and shot this blot. 1702 01:22:09,040 --> 01:22:12,720 Speaker 10: Well Ames killing has shot the police because he was 1703 01:22:12,800 --> 01:22:18,559 Speaker 10: shot thirty times and it was such a forceful attack 1704 01:22:18,680 --> 01:22:21,280 Speaker 10: on him with this fire of these firearms there was 1705 01:22:21,360 --> 01:22:24,599 Speaker 10: two of them, that parts of his body were actually 1706 01:22:24,800 --> 01:22:28,040 Speaker 10: dismembered as this shooting took place. 1707 01:22:28,479 --> 01:22:28,839 Speaker 14: Police. 1708 01:22:29,120 --> 01:22:32,519 Speaker 10: Look, the police don't mind crooks shooting crooks, but this 1709 01:22:32,760 --> 01:22:35,120 Speaker 10: was very blatant. Luckily it was three thirty in the 1710 01:22:35,240 --> 01:22:38,200 Speaker 10: morning and they're now confident they can try and track 1711 01:22:38,320 --> 01:22:40,800 Speaker 10: these people down. They were driving a stolen Audi that 1712 01:22:40,920 --> 01:22:42,960 Speaker 10: had been pinched about six months ago and lay in 1713 01:22:43,080 --> 01:22:44,479 Speaker 10: storage until they needed to use it. 1714 01:22:44,680 --> 01:22:46,120 Speaker 2: It was a pleasure make go. Well, we'll see your 1715 01:22:46,120 --> 01:22:48,880 Speaker 2: Friday stea price out of Australia this Wednesday morning for us. 1716 01:22:48,920 --> 01:22:50,920 Speaker 2: By the way, just to wrap up Australia, they kept 1717 01:22:51,000 --> 01:22:54,600 Speaker 2: yesterday highly political debate this and it dubtails into what 1718 01:22:54,640 --> 01:22:58,960 Speaker 2: we've been talking about lately of international students, revenue from universities, 1719 01:22:59,040 --> 01:23:02,639 Speaker 2: et cetera. They kept international enrollments yesterday two hundred seventy 1720 01:23:02,680 --> 01:23:04,880 Speaker 2: thousand for next year, which will be they claim roughly 1721 01:23:04,920 --> 01:23:06,160 Speaker 2: the same as this year. But a lot of the 1722 01:23:06,240 --> 01:23:09,200 Speaker 2: universities who rely very very heavily on the income from 1723 01:23:09,280 --> 01:23:13,760 Speaker 2: international students are ropeable. Eight forty five The. 1724 01:23:13,880 --> 01:23:18,240 Speaker 1: Mike Asking Breakfast Full Show podcast on iHeartRadio powered by 1725 01:23:18,320 --> 01:23:19,080 Speaker 1: News Talks. 1726 01:23:18,880 --> 01:23:20,760 Speaker 2: A B from nine. I dug up given the beam 1727 01:23:20,840 --> 01:23:24,120 Speaker 2: scandal in Auckland, probably in Wellington, various parts of Australia, 1728 01:23:24,479 --> 01:23:26,040 Speaker 2: and the et scooters. I dug up the piece I 1729 01:23:26,080 --> 01:23:28,320 Speaker 2: read the other day on ees scooters around the world. 1730 01:23:28,439 --> 01:23:32,120 Speaker 2: London's really interesting. London. You don't bother toughest rules of 1731 01:23:32,160 --> 01:23:34,639 Speaker 2: any city in Europe. Basically you can't get one because 1732 01:23:34,720 --> 01:23:36,960 Speaker 2: you've got to download the app, You've got to complete 1733 01:23:36,960 --> 01:23:39,120 Speaker 2: a registration process, you got to verify your age, you 1734 01:23:39,160 --> 01:23:41,000 Speaker 2: got to prove your hold a driver's license, and you 1735 01:23:41,120 --> 01:23:43,599 Speaker 2: then have to do a mandatory course on safe riding 1736 01:23:43,640 --> 01:23:45,200 Speaker 2: before you get the first right. So you've given up 1737 01:23:45,200 --> 01:23:49,560 Speaker 2: ages ago. Barcelona pretty liberal. You can ride on the 1738 01:23:49,640 --> 01:23:51,400 Speaker 2: roads or cycle paths. You can travel up to thirty 1739 01:23:51,520 --> 01:23:53,720 Speaker 2: k's an hour if you're on a cycle path. The 1740 01:23:53,760 --> 01:23:56,280 Speaker 2: speed's innlimited to twenty five. If the cycle path is 1741 01:23:56,320 --> 01:23:58,880 Speaker 2: on a cycle track or on a footpath or in 1742 01:23:58,920 --> 01:24:01,559 Speaker 2: a pedestrian zones down to ten k's. Gotta wear a helmet, 1743 01:24:01,560 --> 01:24:03,040 Speaker 2: got to be fifteen. If you don't follow any of 1744 01:24:03,080 --> 01:24:05,840 Speaker 2: those rules, they'll ping you between three hundred and thirty 1745 01:24:05,840 --> 01:24:12,040 Speaker 2: and eight hundred bucks. Paris ban them, good New York sixteen. 1746 01:24:12,880 --> 01:24:16,439 Speaker 2: Nothing on the sidewalk that you can go to forty 1747 01:24:16,520 --> 01:24:20,719 Speaker 2: eight k's so you're flying and you can only hire 1748 01:24:20,880 --> 01:24:24,479 Speaker 2: and return them from the operator's agency. A number of 1749 01:24:24,479 --> 01:24:25,920 Speaker 2: people do that. You can't just leave them on the 1750 01:24:25,960 --> 01:24:27,800 Speaker 2: street the way they do here. You've got to take 1751 01:24:27,800 --> 01:24:31,679 Speaker 2: them back from where you got them. Copenhagen hopeless introduce 1752 01:24:31,720 --> 01:24:33,680 Speaker 2: them in twenty eighteen, banned them two years later, then 1753 01:24:33,720 --> 01:24:36,640 Speaker 2: reintroduce them again a year later, so they've capped the 1754 01:24:36,760 --> 01:24:39,479 Speaker 2: number got to be fifteen. Gotta wear a helmet, cannot 1755 01:24:39,520 --> 01:24:41,680 Speaker 2: be rented from the central part of the city at all, 1756 01:24:42,080 --> 01:24:47,000 Speaker 2: and has to be parked in designated zones. Rome. It 1757 01:24:47,120 --> 01:24:49,600 Speaker 2: was an alternative to public transport in the pandemic. They 1758 01:24:49,640 --> 01:24:52,120 Speaker 2: thought that was pretty good. Four people died. Very Italian, 1759 01:24:52,160 --> 01:24:56,799 Speaker 2: isn't it? Get my way? Must be parked in designated spots. 1760 01:24:57,200 --> 01:25:00,840 Speaker 2: It's tracked. They're all tracked, and it will charge you 1761 01:25:01,400 --> 01:25:04,720 Speaker 2: and continue to charge you forever if you don't park 1762 01:25:04,800 --> 01:25:07,880 Speaker 2: it back in the right place. That's an incentive, isn't 1763 01:25:08,160 --> 01:25:09,840 Speaker 2: ten to nine the. 1764 01:25:09,960 --> 01:25:14,920 Speaker 1: Mike Hosking breakfast with al Vida Retirement Communities News TOG said, you're. 1765 01:25:14,840 --> 01:25:17,040 Speaker 2: Just trying to work my way through the couple of 1766 01:25:17,080 --> 01:25:20,600 Speaker 2: results this morning. As we look at results season, as 1767 01:25:20,640 --> 01:25:22,560 Speaker 2: they call it in the business world, precinct to a 1768 01:25:22,640 --> 01:25:26,280 Speaker 2: property commercial property, net property income is up five point 1769 01:25:26,320 --> 01:25:29,280 Speaker 2: eight percent. Occupancy, which is always interesting to me, is 1770 01:25:29,280 --> 01:25:33,519 Speaker 2: at ninety eight percent six point six years average lease term, 1771 01:25:33,600 --> 01:25:36,479 Speaker 2: which is good. Rental growth has been strong in new 1772 01:25:36,560 --> 01:25:39,400 Speaker 2: office Lee steals up fifteen point nine percent, rent reviews 1773 01:25:39,400 --> 01:25:43,200 Speaker 2: achieving an average of three point four percent reasonable completed 1774 01:25:43,280 --> 01:25:46,639 Speaker 2: forty four Bowen Streets, capital occupancy rates now one hundred 1775 01:25:46,640 --> 01:25:49,960 Speaker 2: percent complete redevelopment of Deloitte Center. That's one Queen Street 1776 01:25:49,960 --> 01:25:52,240 Speaker 2: and Aukland. So that's all encouraging. So if you do, 1777 01:25:52,439 --> 01:25:54,240 Speaker 2: if you do commercial property, well, in other words, it's 1778 01:25:54,280 --> 01:25:59,240 Speaker 2: flash place. People are prepared paper at meridianum Meridian, the 1779 01:25:59,320 --> 01:26:01,599 Speaker 2: old power. Let's see how they've done in these very 1780 01:26:01,640 --> 01:26:06,280 Speaker 2: difficult times. Oh, net profits up after tax from ninety 1781 01:26:06,320 --> 01:26:09,880 Speaker 2: five million to four hundred and twenty nine million. There's 1782 01:26:09,880 --> 01:26:11,439 Speaker 2: a bit of hedging in there, and I won't explain that, 1783 01:26:11,479 --> 01:26:13,160 Speaker 2: but don't worry about It's not that they didn't sort 1784 01:26:13,200 --> 01:26:15,040 Speaker 2: of get it all from us. Ibat DAAR was up 1785 01:26:15,080 --> 01:26:19,040 Speaker 2: sixteen percent. Underlying net profits up fourteen percent. Final ordinary dibdend. 1786 01:26:19,080 --> 01:26:21,040 Speaker 2: This is the part I mean. Look, don't know, I'm 1787 01:26:21,080 --> 01:26:23,360 Speaker 2: not anti business, I'm pro business, but it's just these 1788 01:26:23,640 --> 01:26:26,000 Speaker 2: these are awkward, awkward times in this country. And when 1789 01:26:26,040 --> 01:26:28,000 Speaker 2: you're handing out dividends of twenty one cents a share, 1790 01:26:28,680 --> 01:26:30,280 Speaker 2: you know someone's making some money. And it's called the 1791 01:26:30,320 --> 01:26:32,559 Speaker 2: investor in the investor, Well, the investor invests so they 1792 01:26:32,640 --> 01:26:34,760 Speaker 2: can go and build some more dams and wind mills 1793 01:26:34,800 --> 01:26:36,400 Speaker 2: and stuff like that, and they get all of that. 1794 01:26:37,120 --> 01:26:39,840 Speaker 2: But it's just awkward at this particular time in the 1795 01:26:39,880 --> 01:26:42,240 Speaker 2: economic cycle when there are certain businesses who are just 1796 01:26:42,439 --> 01:26:45,800 Speaker 2: like going, oh, look at the money. And there are 1797 01:26:45,840 --> 01:26:49,160 Speaker 2: other people, of course, as a result of that, looking 1798 01:26:49,200 --> 01:26:51,439 Speaker 2: for work. Five minutes away from nine. 1799 01:26:51,720 --> 01:26:56,639 Speaker 1: Trending now ms Warehouse, the Real House of Fragrances, Making 1800 01:26:56,680 --> 01:26:57,040 Speaker 1: your Money. 1801 01:26:57,160 --> 01:27:00,760 Speaker 2: Travis and Jason, who are a couple of brothers, not Oasis. 1802 01:27:00,880 --> 01:27:03,000 Speaker 2: There are a couple of brothers. They're returning tomorrow for 1803 01:27:03,080 --> 01:27:04,880 Speaker 2: the third season of the podcast. That's what they do. 1804 01:27:05,240 --> 01:27:09,519 Speaker 8: Ladies and gentlemen, boys and girls, welcome, whoolcome. 1805 01:27:10,720 --> 01:27:12,840 Speaker 2: Was going to bring the James. Why didn't Jason bring 1806 01:27:13,040 --> 01:27:16,160 Speaker 2: jeans for Jason? You celebrated my touchdown by taking off 1807 01:27:16,240 --> 01:27:18,280 Speaker 2: your shirt. This is part of the Jason Kelsey chart. 1808 01:27:18,439 --> 01:27:20,599 Speaker 10: I knew he had space to score a touchdown. 1809 01:27:24,560 --> 01:27:27,320 Speaker 2: Show me the aliens, I mean, where are they? Have 1810 01:27:27,439 --> 01:27:32,120 Speaker 2: you seen more men cry up? It feels like it's complete. 1811 01:27:32,360 --> 01:27:34,679 Speaker 2: It was a funance journey to watch. Oh my god, 1812 01:27:34,800 --> 01:27:37,800 Speaker 2: you finally did it. What is this looked like the 1813 01:27:37,920 --> 01:27:39,320 Speaker 2: thing of goonies man the. 1814 01:27:39,439 --> 01:27:41,559 Speaker 6: Golden baby fist dries. 1815 01:27:43,920 --> 01:27:48,880 Speaker 2: Look at that big, ugly baby. I'll be back. Where 1816 01:27:48,960 --> 01:27:51,160 Speaker 2: is this show going to go next year? These the 1817 01:27:51,240 --> 01:27:53,360 Speaker 2: Kelsey brothers. One of them plays football, one of them 1818 01:27:53,439 --> 01:27:56,120 Speaker 2: used to play football. Trevis plays and he hangs out 1819 01:27:56,160 --> 01:27:59,680 Speaker 2: with a woman you probably heard of. And Jason's the 1820 01:28:00,280 --> 01:28:02,360 Speaker 2: guy and the brains and the one you probably want 1821 01:28:02,360 --> 01:28:03,880 Speaker 2: to listen to. They've just done it. 1822 01:28:04,439 --> 01:28:06,240 Speaker 7: Did we decide that Jason was the better singer of 1823 01:28:06,320 --> 01:28:07,040 Speaker 7: the two when they did? 1824 01:28:07,680 --> 01:28:10,320 Speaker 2: I can't remember. I think Jason's the better everything. He's 1825 01:28:10,320 --> 01:28:12,920 Speaker 2: the better bloke, he's the better singer, he's the better podcaster. 1826 01:28:13,080 --> 01:28:15,439 Speaker 2: He wasn't the better player. To be fair, one hundred 1827 01:28:15,439 --> 01:28:18,639 Speaker 2: and sixty million dollar deal, this is Amazon, one hundred 1828 01:28:18,640 --> 01:28:21,280 Speaker 2: and sixty million over three years. Do the math that'll 1829 01:28:21,320 --> 01:28:23,360 Speaker 2: get They get the money And if you want to 1830 01:28:23,400 --> 01:28:25,519 Speaker 2: pay for that, you can get it AD free. If 1831 01:28:25,560 --> 01:28:27,240 Speaker 2: you don't want to get it AD free, then you 1832 01:28:27,280 --> 01:28:30,680 Speaker 2: can get it on other platforms. They are the most 1833 01:28:30,760 --> 01:28:33,840 Speaker 2: listened to podcast in the US and Canada. They've also 1834 01:28:33,880 --> 01:28:37,240 Speaker 2: been ranked number one sports podcast on Apple in the 1835 01:28:37,439 --> 01:28:40,320 Speaker 2: US and Australia, in Mexico, in Peru, the Philippines, and 1836 01:28:40,400 --> 01:28:43,920 Speaker 2: the Dominican Republic. So good luck with that. Also today, 1837 01:28:43,920 --> 01:28:46,080 Speaker 2: while I'm just on the subject of football of endless 1838 01:28:46,200 --> 01:28:48,439 Speaker 2: interest to me, the NFL they're voting today, the owners 1839 01:28:48,439 --> 01:28:51,160 Speaker 2: are voting today to open the sport up to private equity, 1840 01:28:51,640 --> 01:28:54,000 Speaker 2: as in private equity firms, and they can take up 1841 01:28:54,040 --> 01:28:55,360 Speaker 2: to ten percent of a team. In fact, they can 1842 01:28:55,439 --> 01:28:57,760 Speaker 2: take up to ten percent. My reading of it is 1843 01:28:57,800 --> 01:28:59,400 Speaker 2: they can take up to ten percent of six teams. 1844 01:28:59,840 --> 01:29:02,559 Speaker 2: So football is really owned by individuals. Just they are 1845 01:29:02,640 --> 01:29:05,639 Speaker 2: largely old white blokes who made a lot of money, 1846 01:29:05,680 --> 01:29:08,240 Speaker 2: probably from oil, and they went and bought themselves football 1847 01:29:08,240 --> 01:29:10,200 Speaker 2: team and they're all worth anywhere between six and about 1848 01:29:10,240 --> 01:29:12,120 Speaker 2: ten billion dollars. And so they're trying to bring more 1849 01:29:12,120 --> 01:29:14,320 Speaker 2: money into the game. And it's a fantastic game, and 1850 01:29:14,439 --> 01:29:16,920 Speaker 2: it's been leveraged up the wazoo. Basketball's done at baseball's 1851 01:29:16,920 --> 01:29:19,439 Speaker 2: done at Hockey's done it very successfully. So the football 1852 01:29:19,479 --> 01:29:21,479 Speaker 2: are finally going to get around today allegedly wants the 1853 01:29:21,680 --> 01:29:24,479 Speaker 2: owner's vote for it to bring in the private equity 1854 01:29:24,520 --> 01:29:27,080 Speaker 2: money as well. It is a big, big booming business. 1855 01:29:27,120 --> 01:29:29,280 Speaker 2: The wonderful world of sport, and Jason and Travis will 1856 01:29:29,320 --> 01:29:32,160 Speaker 2: tell you all about it because they're sharing and the riches. 1857 01:29:32,800 --> 01:29:35,240 Speaker 2: It's almost like being an investor in a power company. 1858 01:29:35,760 --> 01:29:37,639 Speaker 2: Back tomorrow, Happy Days. 1859 01:29:40,040 --> 01:29:42,920 Speaker 1: For more from the Mic Asking Breakfast, listen live to 1860 01:29:43,040 --> 01:29:46,120 Speaker 1: news talks it'd be from six am weekdays, or follow 1861 01:29:46,160 --> 01:29:47,680 Speaker 1: the podcast on iHeartRadio